The Cooperative Credit Union Association has produced two radio commercials promoting credit unions to consumers as both a resource for financial education and as a partner committed to their financial well-being to mark the observance of April as National Financial Literacy month.
SAFE Federal Credit Union was awarded the Diamond Best of Show Award – the highest honor in the CUNA Marketing & Business Development Council’s Diamond Awards competition – during the CUNA Marketing & Business Development Council Conference.
Fifty credit union members in Belize are making repairs to hurricane-related property damages thanks to $40,000 in disaster relief funds provided by Worldwide Foundation for Credit Unions, the Caribbean Confederation of Credit Unions’ Development Foundation and the Belize Credit Union League.
Award winners were honored for their achievements in marketing and business development during the CUNA Marketing & Business Development Council Conference. Winners will be featured in an upcoming issue of Credit Union Magazine.
Credit union loans outstanding increased 0.5% in January, according to CUNA's latest Monthly Credit Union Estimates, compared to a 1.1% increase in December 2022, and a 0.6% increase in January 2022.
The Illinois Credit Union League announced a partnership with the Illinois Hispanic Chamber of Commerce (IHCC) to provide assistance to small businesses and entrepreneurs throughout Northeast Illinois. The service is provided at no-cost to participants.
The Annual Credit Union SACTOWN Run — which took place April 2 in Sacramento — raised more than $210,800 for the 11 Children’s Miracle Network Hospitals (CMN) across California and Nevada. More than 1,800 runners participated, including nearly 1,200 credit union employees and members.
Credit unions eligible for Community Development Revolving Loan Fund (CDRLF) grants in 2023 can apply between May 1 and June 30. NCUA will administer approximately $3.5 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds.
The Iowa Credit Union Foundation released a new report titled “The Economic Realities of Communities of Color in Iowa” to leverage data and identify barriers to financial well-being within communities across the state.
The CUNA CEO Council announced three new credit union CEOs to the 2023-24 CUNA CEO Council’s Executive Committee. Genisys Credit Union President/CEO Jackie Buchanan is the new chair and Orlando Credit Union President/CEO Suzanne Weinstein is the new vice chair.
Credit Union Magazine’s Summer 2023 issue highlights the lending outlook for the rest of the year, how credit unions leverage fintech companies to boost digital lending, the power of lending partnerships, common Bank Secrecy Act violations, and the shift board members must make when becoming chair.