Fifty credit union members in Belize are making repairs to hurricane-related property damages thanks to $40,000 in disaster relief funds provided by Worldwide Foundation for Credit Unions, the Caribbean Confederation of Credit Unions’ Development Foundation and the Belize Credit Union League.
Award winners were honored for their achievements in marketing and business development during the CUNA Marketing & Business Development Council Conference. Winners will be featured in an upcoming issue of Credit Union Magazine.
Credit union loans outstanding increased 0.5% in January, according to CUNA's latest Monthly Credit Union Estimates, compared to a 1.1% increase in December 2022, and a 0.6% increase in January 2022.
The Illinois Credit Union League announced a partnership with the Illinois Hispanic Chamber of Commerce (IHCC) to provide assistance to small businesses and entrepreneurs throughout Northeast Illinois. The service is provided at no-cost to participants.
The Annual Credit Union SACTOWN Run — which took place April 2 in Sacramento — raised more than $210,800 for the 11 Children’s Miracle Network Hospitals (CMN) across California and Nevada. More than 1,800 runners participated, including nearly 1,200 credit union employees and members.
Credit unions eligible for Community Development Revolving Loan Fund (CDRLF) grants in 2023 can apply between May 1 and June 30. NCUA will administer approximately $3.5 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds.
The Iowa Credit Union Foundation released a new report titled “The Economic Realities of Communities of Color in Iowa” to leverage data and identify barriers to financial well-being within communities across the state.
The CUNA CEO Council announced three new credit union CEOs to the 2023-24 CUNA CEO Council’s Executive Committee. Genisys Credit Union President/CEO Jackie Buchanan is the new chair and Orlando Credit Union President/CEO Suzanne Weinstein is the new vice chair.
While recent bank closures are troubling, credit unions remain healthy, Maine Credit Union League President/CEO Todd Mason toldMaine Business Journal this week, adding that he believes credit unions are the safest places for small business and entrepreneurs.
The Board of Directors of Montana’s Credit Unions announced the selection of Gerry Singleton as the trade association’s new president/CEO. Singleton will succeed Tracie Kenyon, who has served in the role for nearly 22 years.