Before they have to make tough financial decisions, credit union leaders can learn financial management skills and latest trends by attending CUNA Financial Management School, Apr. 17-20 in Dallas.
Registrations are now being accepted for CUNA Marketing & Business Development Council Conference, to be held March 26-29, 2023, at Sea World in Orlando, Fla. Diamond Awards submissions close Jan. 17, while Recognition Awards nominations close Feb. 6.
The National Credit Union Foundation announced the recipients of two grant programs which will provide opportunities for credit unions to offer financial coaching and combat hunger in their local communities. Ten credit unions received the financial coaching grant, a total value of $120,000.
SAFE Federal Credit Union members received annual bonus dividends and interest rebates totaling over $2.16 million—one of the highest givebacks in the credit union’s history. The program has issued $37 million in bonus dividends and interest rebates in the past 26 years.
The World Council of Credit Unions will host a webinar with the Regional Credit Union Center for Central and Eastern Europe with an update on how national credit union associations surrounding Ukraine have been able to help, and what their plans are both during the war and in the post-war reconstruction.
CoVantage Credit Union awarded $5 million in patronage into the accounts of members who borrowed and saved with CoVantage Credit Union in 2022. This is the 42nd consecutive year that a patronage payment has been distributed, and more than $20 million has been distributed in just the past five years.
Credit union loans outstanding increased 1.4% in
October, according to CUNA's latest Monthly Credit Union Estimates. This is compared to a 2.0% increase in September
2022, and a 1% increase in October 2021.
Federally insured credit unions experienced continued asset and deposit growth over the year ending in the third quarter of 2022, while loan growth was the strongest in at least two decades, according to the latest NCUA Quarterly U.S. Map Review.
CrossState Credit Union Association's Michael Wishnow and Everence Federal Credit Union's Kristen Heisey appeared on Pennsylvania Newsmakers recently to talk about improving financial health with credit union in the new year.
Inclusiv Network — in partnership with the National Association of Latino Credit Unions and Professionals (NLCUP) and the California and Nevada Credit Union Leagues — has launched the first-ever Juntos Avanzamos-NLCUP Regional Chapter in California.
Credit Union Magazine’s Winter 2022 issue highlights data-driven marketing, the board’s role in cybersecurity, elder abuse scams, credit unions’ auto lending advantage, and more.