Iowa Credit Union League President/CEO Murray Williams reminded Iowans their money is safe and secure in a credit union in the Des Moines Register this week. Responding to recent bank collapses, Williams also noted that increasing financial well-being is at the core of credit unions' social mission.
This year marks five years since CUNA founded its Associate Business Membership program. Since its inception in 2018, 70 organizations have participated and raised $2.8 million to support credit union advocacy efforts nationwide.
The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) is being wrongfully blamed by some for recent bank collapses, Montana's Credit Unions President/CEO Tracie Kenyon wrote in The Independent Record this week.
CUNA EVP/Chief Engagement Officer Greg Michlig appeared on The CUInsight Experience podcast recently to discuss Financial Well-being for All and how CUNA is working to operationalize its movement-wide support.
USAID and WOCCU's Economic Inclusion Project introduced a formal guide that will help the Peruvian financial sector identify types of assistance refugee and migrant populations need to access formal financial services and best practices to help facilitate financial inclusion.
The National Credit Union Foundation published a Philanthropy Toolkit detailing key partners at local, regional, national and international levels; insights derived through strategic philanthropy from across the credit union system; and step-by-step guides and checklists for establishing charitable programs or initiatives.
Total assets in federally insured credit unions rose by $108 billion, or 5.2%, to $2.17 trillion over the year ending in the fourth quarter of 2022, according to the latest financial performance data released by NCUA. Insured shares and deposits grew $50 billion, or 3.1%, to $1.68 trillion.
Credit Union Magazine’s Spring 2023 issue features the 2023 Credit Union Heroes and examines CUNA-League advocacy priorities, board leadership, the impact of financial well-being efforts, fee-related compliance issues, predictions for the year ahead, and more.