A multi-year effort by the MD|DC Credit Union Association to strengthen data breach notification standards for businesses is now law. SB643 will take effect Oct. 1, updating the Maryland Personal Information Protection Act to incorporate language suggested by the Association.
USAID and World Council of Credit Unions brought together partners virtually for the sixth quarterly meeting of the Economic Inclusion Project (EIP) May 20. Stakeholders presented data showing just how successful EIP staff has been in generating better opportunities for Venezuelans.
Seventy-eight Ukrainian credit union professionals on May 18-19 participated in online meetings with a professional psychologist that were set up by World Council of Credit Unions' Credit for Agriculture Producers (CAP) Project, a U.S. Agency for International Development-funded activity.
Consumers deserve access to high quality financial services—starting with financial education, Tennessee Credit Union League President/CEO Fred Robinson wrote in The Tennessean, stressing its importance, and noting the League's commitment to providing tools and resources.
World Council of Credit Unions’ Credit for Agriculture for Producers’ Project managed to make strides during the second quarter of FY2022 despite the Feb 24 Russian invasion of Ukraine, while putting some activities on hold due to the ongoing war.
Illinois Governor J.B. Pritzker signed Illinois Credit Union League-initiated legislation HB 4462 into law, which amends the Illinois Credit Union Act. The bill passed both chambers of the General Assembly unanimously.
CUNA Finance Council recognized its best and brightest via four awards presented at the recent CUNA Finance Council Conference, May 22-25 at Caesars Palace in Las Vegas. The winners and their accomplishments will be featured in an upcoming issue of Credit Union Magazine.
Four credit unions that piloted World Council of Credit Unions’ Gender Investing Framework Toolkit in Senegal saw evidence of better performance in loans to female entrepreneurs. Approximately 59% of new micro-, small- and medium-enterprise loans went to women in the final project quarter.
New Mexico credit unions are building a support network to help as the largest wildfires in the state's history continue to burn, forcing thousands from their homes and burning nearly 500,000 acres. A complete list can be found on the Credit Union Association of New Mexico's website.
The National Credit Union Foundation catalyzed change through credit unions and delivered meaningful impact last year, according to its 2021 Impact Report. Highlights include $440,000 in disaster relief distributed through CUAid and $100,000 in grants to increase member service.