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AURORA, Ill.-Some 187 high school students from Waubonsie Valley High School learned just how complicated it is to make household budgetary choices when they participated in the recent Mad City Money program facilitated by Great Lakes Credit Union (GLCU). The program helps our young adults learn what it is like to try to budget and manage a real life salary and real life situations. Students were given an occupation along with a salary, family, student loan debt, credit card debt, and cost of medical insurance to create a monthly budget as they visited various merchants and made decisions based on the management of their income.

ALEXANDRIA, Va.—NCUA will be a participant in a webinar being hosted by the Federal Reserve on “Fair Lending Hot Topics,” scheduled for Wednesday, Oct. 22, at 2:00 p.m. EST.

LAWRENCEVILLE, Ga.--Peach State Credit Union has donated a portion of its proceeds from the 19th Annual Northeast Georgia Chapter of Credit Unions golf tournament to Lawrenceville Cooperative Ministry, Inc. Founded in 1995, the food bank and financial support group has received $1,000 to advance their initiative to help members of the community become self-sufficient.  Each year, the Chapter designates charities in the counties served by its 19 participating credit unions to receive proceeds from their annual golf tournament.

ALEXANDRIA, Va.– The U.S. Agriculture Department has acknowledged the National Credit Union Administration’s contribution to the annual Feds Feed Families food drive, and recognized Todd M. Harper, NCUA’s director of public and congressional affairs, as one of the top three individual contributors among all federal employees nationwide.

 

PLYMOUTH, Minn. – TruStone Financial Federal Credit Union has been named a 2015 CSO50 Award winner for the second consecutive year by International Data Group’s CSO Magazine. TruStone Financial’s award-winning entry detailed the implementation of its new integrated deposit image capture solutions. 

 

MIDLAND, Mich.—Staff at Dow Chemical Employees’ Credit Union took time to clean up the boulevard in front of the credit union. Wearing bright-yellow reflector vests, employees cleaned up trash and other debris between East Lyon and East Patrick roads between Pine and Washington streets, including the area around the bicycle and pedestrian path that runs through the boulevard area.  Staff had earlier cleaned up nearly three miles of shoulder area along eastbound and westbound US-10 between the Stark Road and Eastman Road exits. The team picked up 65 garbage bags full of trash during the cleanup.

MADISON, Wis.—Twenty CU executives have joined Filene Research Institute’s i3 Innovation program.

DALLAS—Randolph-Brooks FCU, which is based in San Antonio, is extending its reach into this market.

WASHINGTON—The Federal Housing Finance Agency (FHFA) has agreed to extend its comment period to Jan. 12, 2015 on a proposal that would change the eligibility requirements for institutions, including credit unions, to join and maintain membership in Federal Home Loan Bank (FHLBs).

FITCHBURG, Mass.—The $1-billion Workers Credit Union here said it will pay a $2.5-million bonus dividend to members in early 2015, the first bonus dividend paid in its 100-year history.