A collaboration between credit unions, GoWest Foundation, and the Spokane Low Income Housing Consortium will help to address the critical shortage of low-income housing in the area. Washington’s first land bank is being established to set aside property for low-income housing.
The Credit Card Competition Act from Sens. Roger Marshall and Dick Durbin would limit the ability of credit unions to offer low- and no-annual-cost payment cards, Meritrust President/CEO James Nastars wrote in the Kansas City Star in response to an op-ed from Marshall about the bill.
The National Credit Union Foundation announced a nationwide competition for young people age 12 to 18. Participants must develop a business case and marketing plan for a new financial product or solution that would improve financial well-being in their communities.
The credit card bill from Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill., would require financial institutions to accept any kind of transaction and eschew carefully placed safeguards protecting from fraud, Cornerstone League President/CEO Caroline Willard wrote this week in CUInsight.
The Cooperative Credit Union Association named Adrian Velazquez its Chief Advocacy Officer. Responsible for overseeing the CCUA’s advocacy initiatives, Velazquez will work with lawmakers and regulators at both state and federal levels.
From August through September—under the banner Credit Union Coalition— Hawaii credit unions will help Hawaii Foodbank and its neighbor island partners fill its pantries. Credit unions raised nearly $70,000 last year, this year's goal is $100,000.
Credit unions in Massachusetts donated $240,000 to “A Bed for Every Child,” an initiative of the Massachusetts Coalition for the Homeless. Massachusetts credit unions have supported the coalition for more than two decades and have donated more than $2.8 million.
The Illinois Credit Union League selected 10 winning credit unions and one League in the Giving component of the July 29 #ILoveMyCreditUnion campaign. The campaign brings the credit union movement together to share authentic stories and high-energy conversation.
This year’s theme for International Credit Union Day is “Empower Your Financial Future with a Credit Union™,” which will take place Oct. 20. International Credit Union Day festivities include community fundraisers, contests, picnics, and parades.
TriState Products and Services are partnering with QCash Financial, to give credit unions in Minnesota, Montana, and Wisconsin access to “life event loans” so they can help members when and where they need it.