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TACOMA, Wash.—The Environmental Protection Agency’s $27-billion Greenhouse Gas Reduction Fund is the largest climate investment in U.S. history--and it’s also the largest grant opportunity ever presented to credit unions, according to one firm that is sharing advice on when and how CDFIs—and all credit unions—can apply for the dollars.

TYSONS, Va.,–The PenFed Foundation said it is providing The COMMIT Foundation, a nonprofit organization dedicated to empowering those who serve and their families, with a grant to support the expansion of COMMIT’s Transition Mentoring Workshops aimed at enhancing the post-service transition experience for veterans and military spouses.

TYSONS, Va.– With support from the PenFed Foundation, Lisa Hallett, co-founder of wear blue: run to remember, a nonprofit organization dedicated to honoring fallen service members through purposeful steps every week in community runs, recently completed a 150,000 kilometer challenge along the Wonderland Trail around Mount Rainier, Wash.

HOUSTON— Two Texas credit unions are merging. The $37.1-million SPCO Credit Union said it is merging into the $1.3-billion First Service Credit Union.

WASHINGTON— The nation’s 4,539 commercial banks and savings institutions insured by FDIC reported aggregate net income of $71.5 billion in second quarter 2024, an increase of $7.3 billion (11.4%) from the prior quarter, according to new data from the agency.