ORLANDO, Fla.–The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) has named its Professional and Young Professional of the Year Awards.
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WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) has extended the application deadlines for when currently certified community development financial institutions (CDFIs) must reapply for CDFI Certification using the revised version of the CDFI Certification Application.
LANSING, Mich. — With sponsorship from the Michigan Credit Union Foundation, the Michigan Association of United Ways’ ALICE Project will have a new resource, the “Indicators of Well-Being,” which will connect ALICE with a host of other social, health, and economic statistics for use by decision makers, institutions, and many other stakeholders in their work supporting ALICE households.
BROOKLYN, N.Y.–Citing its “excellent financial condition,” Polish & Slavic FCU is reporting it has awarded scholarships totaling $600,000 to a 589 young members through its PSFCU Scholarship Program. Both numbers represent a record in the more than 24-year history of PSFCU's program, which the credit union said underscores its commitment to supporting young talent and future leaders of the Polish-American community.
RALEIGH, N.C.–Coastal Credit Union has entered into a partnership with Ripe for Revival that includes Ripe for Revival’s new Coastal-branded mobile food market.
FREDERICK, Md. -- Nymeo Federal Credit Union will be featured on an upcoming episode of the documentary series "Viewpoint with Dennis Quaid."
BOISE, Idaho—Idaho’s Republican Party is expressing opposition to the creation of a central bank digital currency (CBDC) in the United States, and also calling for the Federal Reserve to be abolished.
DUBLIN, Ireland–Lending among Ireland’s credit unions has surged 14% over the past year driven primarily by a significant rise in mortgage lending.
PURCHASE, N.Y.—Leap Financial reported it is partnering Mastercard to launch an embedded remittance service.
WASHINGTON–The FDIC has announced two moves that will allow for the creation of a new industrial bank in Salt Lake City and then for the merger into that new entity by a federal credit union, essentially converting the credit union into a bank.