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MCUEs: CU loan balances increased by 1% in August

CUNA’s latest Monthly Credit Union Estimates shows an increase in member savings balances and loans outstanding. Credit union loan balances increased in August by 1.0%, compared to a 0.8% increase in July of 2021 and a 0.3% increase in August of 2020.

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44 earn designations at CUNA Marketing & Business Development Certification School

Forty-four credit union professionals earned designations signifying their expertise by successfully completing CUNA Marketing & Business Development Certification School, endorsed by CUNA Marketing & Business Development Council, which took place virtually in October.

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Two additional nominations received for CUNA board

CUNA received two nominations for its board election this week. Nominations are open for nine open director positions on CUNA’s Board of Directors. The deadline for nominations and seconds is Thursday, Nov. 11. In contested elections, voting will be from Nov. 12 to Dec. 16.

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Dupaco declares more than $3.7 million bonus dividend

Nearly 64,000 participating Dupaco Community Credit Union member-owners received a share of more than $3.7 million in bonus patronage dividends for 2021. The special payout to participating members happened on International Credit Union Day.

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CUNA Credit Union Finance eSchool expands professionals’ knowledge base

Credit union professionals new to finance roles, as well as all non-finance staff, can add to their knowledge base at CUNA Credit Union Finance eSchool, Nov. 8-11. Sessions include: Balance sheet and income statement basics, ratio analysis, and a case study.

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CUNA announces three new associate business members

CUNA announced three new associate business members have joined CUNA’s advocacy efforts to support and advance the credit union movement. Newly announced members are CU Business Group, LLC, Credit Union Commercial Group, and CliftonLarsonAllen.

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Foundation board candidates must apply by Oct. 28

The National Credit Union Foundation is currently seeking candidates for its volunteer Board of Directors. Six board seats are either vacant or have terms expiring at the end of 2021. Applications must be received by 4 p.m. ET on Thursday, Oct. 28.

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CUNA receives additional nomination for board election

CUNA received an additional nomination last week for its board election. Nominations are now being accepted for nine open director positions on CUNA’s Board of Directors. The deadline for nominations and seconds is Thursday, Nov. 11.

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Global credit union membership surpasses 375 million

Continued growth and increased data reporting resulted in a 29% year-to-year increase in international credit union membership, according to World Council of Credit Unions’ 2020 Statistical Report. As of Dec. 31, 2020, there were 375,160,065 credit union members in 118 countries.

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NCUA issues risk alert on cloud-based business email compromise

NCUA issued a Risk Alert this week highlighting a recent bulletin that cybercriminals are targeting organizations that use popular cloud-based email services to conduct Business Email Compromise scams and steps credit unions can take prevent this type of fraud.

Rock Stars 2023

Credit Union Rock Stars are outstanding credit union professionals and directors from a wide range of disciplines who inspire and innovate to advance the missions of their credit unions. The 25 members of the 11th class of Rock Stars were selected for their exceptional creativity, innovation, and passion.

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MCUEs: CU loan balances increased by 1% in August

44 earn designations at CUNA Marketing & Business Development Certification School

Two additional nominations received for CUNA board

Dupaco declares more than $3.7 million bonus dividend

CUNA Credit Union Finance eSchool expands professionals’ knowledge base

CUNA announces three new associate business members

Foundation board candidates must apply by Oct. 28

CUNA receives additional nomination for board election

Global credit union membership surpasses 375 million

NCUA issues risk alert on cloud-based business email compromise

Rock Stars 2023

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