Press

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CFPB takes action against Choice Money for remittance failures

WASHINGTON, D.C. (October 4, 2022) — The Consumer Financial Protection Bureau (CFPB) is taking action against Choice Money Transfer (Choice Money) for multiple violations of the Remittance Transfer Rule and the Electronic Fund Transfer Act (EFTA). The CFPB found the company did not accurately ...

$48M HealthShare FCU finds member and loan growth

GREENVILLE, SC (October 4, 2022) — COVID hit HealthShare Federal Credit Union and its members particularly hard, because its healthcare-based members were too busy to stop into a branch and, because the credit union’s branches are located in healthcare facilities, others couldn’t get ...

Robins Financial Credit Union raises over $30,000 for CUPAC

WARNER ROBINS, GA (October 4, 2022) — Robins Financial Credit Union employees recently contributed $30,760 to raise funds for the Credit Union Political Action Committee (CUPAC). Robins Financial employees designated contributions during their annual Deduct-A-Buck campaign which allows employees to make per pay period ...

CUNA announces $2.5M in bipartisan campaign ads

WASHINGTON, DC (October 4, 2022) — Credit Union National Association (CUNA) announced today it will spend more than $2.5 million on advertisements in support of eight credit union champions for the U.S. Senate and House of Representatives, bringing its total spend for the ...

Winona Nava to be awarded the Herb Wegner Outstanding Achievement Award

SANTA FE, NM (October 4, 2022) — The National Credit Union Foundation announced today that Winona Nava, President/CEO of Guadalupe Credit Union, will be awarded the 2023 Herb Wegner Memorial Award for Outstanding Individual Achievement along with three additional credit union leaders from across ...

Southern Nevada Credit Unions teach finances with a bite of reality

LAS VEGAS, NV (October 3, 2022) — The Southern Nevada Chapter of the Nevada Credit Union League (SNV Chapter) recently gave over 150 students at Ed Clark High School a Bite of Reality with a real-world simulation app provided by the Richard Miles Johnson Foundation. ...

Governor Kim Reynolds declares October as “Co-op Month in Iowa”

DES MOINES, IA (October 3, 2022) — October has been declared “Co-Op Month in Iowa” by Kim Reynolds. In the proclamation, the Governor mentions: Concern for the community is a core guiding cooperative principle Cooperatives dedicate substantial human and financial resources to serve their communities ...

PSECU tackles hunger in October with volunteerism and donation

HARRISBURG, PA (October 3, 2022) — Nearly two million Pennsylvanians are struggling with hunger. Of them, 500,000 are children. While food banks can help to meet these needs, PA’s charitable food network has seen an unprecedented rise in demand since the onset of ...

Rapid Finance acquires digital lending technology provider, Thrive

BETHESDA, MD (October 3, 2022) — Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today its acquisition of digital lending platform provider, Thrive, at American Banker’s Small Business Banking ...

Clark County Credit Union named Top Workplaces 2022 Award Winner

LAS VEGAS, NV (October 3, 2022) — Clark County Credit Union (CCCU) has been awarded a Top Workplaces 2022 honor by Nevada Top Workplaces. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. ...

Notre Dame FCU promotes Suzanne Kost to Chief Credit Officer

NOTRE DAME, IN (October 3, 2022) — Notre Dame Federal Credit Union (Notre Dame FCU) President/CEO Tom Gryp announced the promotion of Suzanne Kost to Chief Credit Officer (CCO). Kost joined the credit union in 2017 as the Director of Commercial Operations and was ...

Indiana Military Veterans Hall of Fame announces 15 inductees for 2022

INDIANAPOLIS, IN (October 3, 2022) — The Indiana Military Veterans Hall of Fame (IMVHOF) is proud to announce that it will induct 15 Hoosier veterans into its 2022 Class on November 4, 2022. The non-profit organization honors veterans for their military service achievements and community ...