SOUTHFIELD, Mich.—The Michigan Credit Union League and Affiliates said it has now received $5.25 million in commitments to its Develop Michigan Real Estate Fund (DMIRF), and expects to have between $11 million and $17 million by the final closing date in March.
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WASHINGTON—CUNA reported that its PAC, the Credit Union Legislative Action Council (CULAC), finished the 2013-2014 election cycle with a record $4.43 million, a 13% increase over the 2011-2012 total of $3.9 million. It is now starting the 2014-15 election cycle with $464,000 available.
CLAREMONT, Calif.—Dr. James D. Likens, the well-known president and CEO of Western CUNA Management School, said he will retire at the end of 2015.
GRAND RAPIDS, Mich.—CU*Answers, the credit-union owned cooperative, has announced its 8th Annual Video Contest to clients of its cuasterisk.com network.
GRAND RAPIDS, Mich.—CU*Answers, the credit-union owned cooperative, has announced its 8th Annual Video Contest to clients of its cuasterisk.com network.
Each year CU*Answers offers cash awards and the chance for entries to be professionally produced into a video that can be used by any credit union for advertising. The theme for this year is “Would You Like Fries with That?”
“Like fast food restaurants that anticipate what the customer might want next, the theme asks credit unions whether they’re prepared to suggest the next service or product to their members when they interact with them,” CU*Answers said.
The three contests include one for the best video idea, another for the best idea for a 30-second spot, and the last is for submitting a completed video related to the chosen theme. Winners are announced at CU*Answers’ Annual Leadership Conference in June where their video will premiere on the big screen.
Completed videos, past winners, as well as a collection of videos CU*Answers has produced for credit unions to use on their website, lobby monitors, and some suited for television broadcast, can be viewed at www.cuatv.com. For more info: http://marketing.cuanswers.com/video-contest/.
BIRMINGHAM, Ala./TALLAHASSEE, Fla.—Alabama and Florida CUs continue their steady membership and loan growth, according to the latest data from the League of Southeastern CUs and Affiliates.
ROCHESTER, N.Y.—Family First Credit Union here reported it continues to see growth in a program in which it is participating with the Federal Home Loan Bank of New York for first-time homebuyers that matches every $1 deposited with another $4.
NEWPORT BEACH, Calif.—NACUSO said it is now accepting nominations for its 2015 Collaboration and Innovation Award for Credit Unions and CUSOs.
WASHINGTON—President Obama plans to introduce a pair of new bills designed to boost cybersecurity protections in the U.S., according to the White House.
WASHINGTON—NCUA has won a victory in litigation it is pursuing against several Wall Street banks after the U.S. Supreme Court declined to hear the banks’ appeal of the lawsuit.
ALEXANDRIA, Va.—The NCUA Board will release its proposal on risk-based capital at its meeting this week on Thursday and interest is so high that the agency has already announced it has added overflow seating for those who plan to be in attendance at its headquarters here for the board meeting.