2020 has been a year like no other for consumers and retailers alike. While that won’t stop families from celebrating the holidays, it will impact how, where and when consumers spend. According…
Results of the NACUSO Next Big Idea 2020 competition show that the spirit of innovation – as well as the cooperative spirit – of the credit union movement is advancing…
The Michigan Credit Union League (MCUL) recently concluded the 2020 Hike at Home virtual event, which allowed credit union leaders to talk with Michigan’s congressional delegation about pressing legislative priorities despite…
cuBIZloan.comis excited to welcome Blue Chip Federal Credit Union to cuBIZloan’s member business and commercial loan referral program. “We are pleased to be working with Blue Chip FCU to offer…
The Consumer Financial Protection Bureau (Bureau) Private Education Loan Ombudsman (Ombudsman) today issued the 2020 Annual Report, which shows that that from September 1, 2019, through August 31, 2020, the…
BECU, one of the country’s largest community credit unions, today announced a $5 million commitment over the next five years to support Black communities and racial equity in Washington. This…
Four times each year, New England Federal Credit Union (NEFCU) selects recipient organizations at random to receive $625 each, for a total of $10,000 annually. NEFCU’s community giving donations for…
Purdue Federal Credit Union (Purdue Federal) has announced the hiring of Cathleen Wyatt as Vice President of Enterprise Risk Management and General Counsel. In her position, Wyatt is responsible for…
Day Air Credit Union, the largest financial institution headquartered in Montgomery County, is pleased to welcome three new volunteer officials as Associate Board and Supervisory Committee members. These new volunteers…
The Office of the Comptroller of the Currency (OCC) yesterday issued a so-called “true lender” rule that would facilitate “rent-a-bank” schemes where a non-bank lender forms a superficial partnership with…
ApexEdge, a partner-enablement platform that offers monthly bill and subscription management solutions to support the financial health of consumers, formally launched its solutions portfolio to the banking market. ApexEdge empowers…
The Virginia Credit Union League recently announced DuPont Community Credit Union (DCCU) as the winner of the 2020 Louise Herring Philosophy In Action Award in the over $1Billion asset size…
Every voice matters and that is why Democracy Federal Credit Union CEO, Ken Cahoon, and the Executive Team, have approved to give their employees Election Day off to get out…
Robins Financial Credit Union recently contributed $83,000 to four organizations as part of their annual Community Project. Organizations are selected by a Board Committee based on their reputation and the…
CU Strategic Planning, which works with credit unions to transition their business plans to increase service to working-class people, improve quality of life in distressed communities, and provide financial inclusion…
Filene Research Institute launches its Center of Excellence for Community Social Impact today and welcomes Dr. Mai Nguyen as its new research fellow. This five-year project expands knowledge on the practice and…
Auto Financial Group (AFG), one of the nation's leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q3 2020 today. In the third quarter…
Today, at the 2020 Inclusiv Conference, Inclusiv announced the launch of a free virtual Solar Lending Professional Training and Certificate program that will provide lending professionals at community-based financial institutions…
Lake Michigan Credit Union is pleased to announce the addition of Tim Gortsema, president of the Grand Rapids Griffins, to its corporate Board of Directors. “We are very excited to…
While the pandemic changed the ways credit unions could celebrate this year's International Credit Union Day on October 15, one thing in Wisconsin remained the same: the Saver’s Sweepstakes® annual…
On Oct. 15, this year’s International Credit Union Day, the Michigan Credit Union League (MCUL) held a virtual awards ceremony to recognize the 2020 League and Michigan Credit Union Foundation…
Sunmark Credit Union announced today that it has received approval from the membership of Hudson River Financial Federal Credit Union in Mohegan Lake, New York to merge with Sunmark Credit…
Members Trust of the Southwest Federal Credit Union has named Jeff Forsgren as its chief lending officer. Cornerstone Resources conducted the executive search for the$170 million credit union. Forsgren’s 11…
With a laser focus on the future, Southern Mass Credit Union (SMCU) ($282 million assets; 14,237 members; Fairhaven, MA) has spent the last few years concentrating on strategic improvements, plans for growth,…