Even as Virtual Event, Wine Auction Posts Vintage Results, Raising More Than $1 Million 04/12/2020 04:41 pm DANA POINT, Calif.–Moving for the first-time ever to a completely online environment, the California and Nevada Credit Unions for Kids 15th Annual Win Auction was still able to raise $1.1 million.
Credit Unions Across Africa Participate in WOCCU Webinar on Responding to Coronavirus 04/12/2020 04:40 pm MADISON, Wis.–Seeking to effectively respond to the coronavirus pandemic, representatives from SACCO and CFI (credit union) associations across Africa shared experiences with managing liquidity and dividend payments, and the need for ongoing regulatory relief during an April 8 webinar organized by the World Council of Credit Unions and the African Confederation of Cooperative Savings and Credit Association.
Heading Into Pandemic, Most Small Biz Said They Weren’t Prepared to Handle Long-Term Loss of Revenue 04/12/2020 04:41 pm WASHINGTON—Most small businesses are not equipped to handle a long-term loss in revenue, according to the latest Small Business Credit Survey from the Federal Reserve.
Canada’s CUs Cut Card Rate by 50% 04/12/2020 04:42 pm TORONTO–To offer relief during the coronavirus pandemic, 214 credit unions in Canada have reduced the interest rate on the credit cards offered to business and prime members to 10.9%.
Community Resources CU Names New CEO 04/12/2020 04:41 pm BAYTOWN, Texas — Community Resource Credit Union has named a new president and CEO. The credit union has selected Russell Ballard to lead the organization.
National CU Foundation Introduces New Website 04/12/2020 04:40 pm MADISON, Wis.–The National Credit Union Foundation has introduced a new website and also announced plans to host a webinar on consumer financial well-being.