The World Council of Credit Unions presented the Indiana Credit Union League with the 2020 Distinguished Service Award, the highest honor paid to individuals and institutions by the worldwide credit union movement. The award was created to recognize outstanding contributions to international credit union development.
CUNA has joined the World Council of Credit Unions’ COVID-19 Response Committee which is dedicated to identifying strategies, resources and practices to help credit unions around the world respond to the pandemic. CUNA Chief Engagement Officer Greg Michlig will represent American credit unions on the committee.
CUNA responded Monday to its Board of Directors’ June 4 resolution committing to advance equitable service to Black communities with a report outlining commitments the organization has made to address service to and inclusion of Black people, communities and credit union professionals across the credit union movement.
The settlement administrator for the Equifax data breach settlement has now sent out information on making a claim to credit unions it knows to be eligible. Settlement was announced in June for the Equifax data breach lawsuit.
CUNA Marketing & Business Development Council is now accepting entries for the 2021 Diamond Awards, the pinnacle of achievement for creative excellence in the credit union industry. To honor the critical and challenging work executed this year, a Crisis Management category has been added.
CUNA and Leagues launched their Small Credit Union Webinar series Tuesday, a series of free weekly webinars that will run through Spring 2021. Sponsored by CUNA Mutual Group and LSC, the webinars combine the resources of the CUNA-League system.
According to CUNA’s latest Monthly Credit Union Estimates, the overall credit union loan-to-share ratio fell to 76.3% at the end of June, down from 84.4% at the end of 2019. Fast savings growth and slower loan growth has led to this decline, increasing credit union liquidity.
CUNA Marketing & Business Development Council Virtual Conference Collection offers a new virtual environment for credit union peers and experts to absorb insights on trends. Topics were curated from sessions originally planned for the Council’s March conference based on their relevancy to today’s new environment.
Registration is open for CUNA Lending eSchool, happening weekly on Thursdays from Aug. 13-Oct. 1 at 1:00-2:30 p.m. CT. Attendees will learn about need-to-know topics, including pandemic-related issues, impacting all areas of lending, including consumer, mortgage and lending compliance.
This year the Global Women's Leadership Network pivoted its annual fundraiser to a virtual "Pay to NOT Play" golf festival and raised 200% of its goal with the support of more than 100 attendees from more than a dozen countries.