Total loans outstanding in federally insured credit unions increased $229 billion, or 17.6%, over the year ending in the first quarter of 2023, to $1.53 trillion, according to the latest financial performance data released Thursday by NCUA.
The Washington Department of Commerce awarded the GoWest Foundation a $9 million grant designed to empower credit unions in Washington State to collaborate and pilot a credit-building program to expand access to capital for small business owners and entrepreneurs from historically marginalized communities.
CUNA Manager of Small Credit Union Initiatives Tom Sakash appeared on American Banker's Bankshot podcast recently to discuss Holy Trinity Baptist FCU, one of the smallest credit unions in the U.S., and one that has thrived for more than 50 years.
Credit unions across Maine are coming together to support the fourth annual $100,000 Ending Hunger Challenge. This initiative kicks off on June 1 with a goal to raise $100,000 in 30 days for Maine Credit Unions’ Campaign for Ending Hunger.
Nine women executives from eight Leagues and League Foundations participated in the 1-to-1Woman Mentoring Program’s most recent cohort, sponsored by AACUL. The 1-to-1Woman Mentoring Program pairs Caucasian C-suite executive level women with rising Black women professionals.
The Cooperative Credit Union Association’s We CU Care program officially launched its debut campaign supporting the American Red Cross, bringing credit unions together to make a difference in the lives of those affected by disasters. The campaign ends July 31.
The credit union movement’s brightest human resources and organizational development stars were recognized during an awards luncheon ceremony during the CUNA HR & Organizational Development Council Conference.
The Iowa Credit Union League has formed a new partnership with Credit Union Loan Source to bring a low-risk, high quality loan participation program to state chartered credit unions in Iowa.
DCUC recognizes the importance of this historic holiday and urges others to reflect on its true meaning during the upcoming extended weekend and DCUC President/CEO Anthony Hernandez shares a special tradition involving the American Flag.
The Worldwide Foundation for Credit Unions (WFCU) will conduct a virtual event highlighting credit union crisis response efforts in Ukraine and Turkey. The event will be held June 22, starting at 10 a.m. ET.