Credit union loans outstanding grew 0.05% in November, compared to a 0.11% increase in October and a 1.54% increase in November of 2019, according to CUNA’s Monthly Credit Union Estimates. Credit union savings balances increased 0.20% in November.
The Illinois Credit Union System and LSC donated over $165,000 to credit union organizations in 2020 to support credit unions and communities both locally and nationally. Donations focused on empowering credit unions in their “people helping people” mission.
Massachusetts Governor Charlie Baker signed the most important and comprehensive enhancement to the Massachusetts credit union state charter in over 30 years, making it possible for Massachusetts credit unions to help further improve the lives of their members.
Federally insured, low-income credit unions seeking Community Development Financial Institution certification can apply to use NCUA’s streamlined qualification process beginning Jan. 24. The deadline for streamlined certification applications is April 3.
CUNA Digital Marketing Virtual School, to be held May 11-13, will provide current, relevant and actionable information to credit union marketers featuring instructors who have walked in the shoes of credit union digital marketers, as well as industry experts.
CUNA is pleased to welcome author, speaker, and agent for social change Kevin Carroll to its annual CUNA GAC, March 2-4. While growing up in Philadelphia, Carroll felt lost, but that changed when he discovered his own inner strength.
The theme of 2021 National Credit Union Youth Month, which occurs in April, is “Be a credit union saver and your savings will never go extinct.” The month is a vehicle for credit unions to attract the attention of younger members.
The Redwood Credit Union Community Fund announced the 2020 Fire Relief Fund has collected and disbursed $424,420 from 847 donors to support the immediate needs of fire survivors. Donations from individuals and businesses were given to fire survivors in four local counties.
The SBA Montana District recently recognized Montana’s Credit Unions, alongside two other Montana lending associations, for their efforts in sustaining small businesses by helping them access PPP funds. Credit unions in the state provided more than $24.4 million in PPP loans.