Credit unions received the Children's Miracle Network Hospitals Founder's Award for their legacy of support for CMN Hospitals. Credit unions have been proud partners of CMN Hospitals through CU4Kids since 1996 and have raised more than $200 million benefiting local member hospitals.
Worldwide Foundation for Credit Unions, in partnership with the USAID/World Council of Credit Unions Credit for Agriculture Producers Project, launched a $200,000 digitalization program to help Ukrainian credit unions upgrade core banking systems and modernize services.
There's no evidence of the benefits claimed by supporters of the big box interchange bill, Maine Credit Union League Vice President of Governmental Affairs Robert Caverly wrote in the Portland Press Herald Wednesday.
NCUA announced it will reinstate assessing civil money penalties for credit unions failing to submit NCUA Form 5300 Call Report on time, effective Jan. 1, 2024. The December 2023 Call Report will be the first reporting cycle under the reinstated program and will be due by 11:59:59 p.m. ET time, Jan. 30, 2024.
NCUA awarded $400,000 in Community Development Revolving Loan Fund grants to support innovative credit union pilot projects: CBC Federal Credit Union, Greenstate Credit Union, ELGA Credit Union, and True Community Credit Union.
Worldwide Foundation for Credit Unions is providing a $30,100 grant to Agricultural Credit Cooperatives of Turkey through the Turkish Cooperative Earthquake Relief Fund to purchase over 40 air conditioners that will allow for safer conditions for 126 workers and 20,489 members impacted by the devastating Feb. 6 earthquakes.
CUNA offices in Washington, D.C., and Madison, Wis., will be closed Nov. 22-24 in observance of Thanksgiving. There will be no Daily email Nov. 23-24. The Daily will resume Monday, Nov. 27.
CrossState Credit Union Association announced a new partnership with eTrain, an online training platform with hundreds of educational webinars professional development opportunities for front-line staff, volunteers, back-office managers, senior leadership, and everyone in between.
CUNA's National Awards Committee announced the 2023 recipients of the Dora Maxwell Social Responsibility Award, Louise Herring Philosophy in Action Member Service Award, and Desjardins Adult and Youth Financial Education Awards.