Ninety-nine students were honored during Western CUNA Management School's graduation ceremony at Pomona College in Claremont, Calif.
Supporting language learning
Elevations Credit Union of Boulder, Colo., donated $80,000 to support a new curriculum for adults learning English.
RTN GoodWorks Foundation sponsored free financial seminars for young people to prepare them for their financial futures. The foundation worked with RTN Federal Credit Union in Waltham, Mass.
Orange County's Credit Union of Santa Ana, Calif., awarded four scholarships to local students who excelled in the classroom and beyond.
Back to school
United Federal Credit Union of St. Joseph, Mich., donated $10,000 to Washoe County School District during the district's annual back-to-school event.
The accolades are in
Two branches of Vienna, Va.-based Navy Federal Credit Union earned Distinguished Credit Union Service Awards. One award was from the Department of the Army while the other was from the Department of the Navy.
Hanscom AFB, Mass.-based Hanscom Federal Credit Union selected its second Heroes Among Us winner for the year. Will Hatley, a Navy veteran, was honored during a minor league baseball game.
It's a beautiful day in the neighborhood
Medford, N.Y.-based Suffolk Federal Credit Union donated $1,000 to a local organization that focuses on beautification of the community.
Waiting for the SBA to sign off on PPP loan forgiveness; banks criticized for requiring balloon payments on loans in forbearance; how backlash over Scharf remarks affects Wells Fargo’s diversity push; and more from this week’s most-read stories.
Banks' restaurant and hotel clients in many oceanside communities are seeing an uptick in business as travelers opt for short hops over long hauls during the coronavirus crisis. But activity could slow as colder weather approaches.
The Financial Stability Oversight Council said the mortgage giants may need a bigger capital cushion than their regulator has proposed, but stopped short of designating them as “systemically important financial institutions.”
Russia's largest bank is reinventing itself as a technology company and selling its own consumer electronic devices. Its chief tech officer says the moves are all about developing broader, more enduring customer relationships that the bank controls fully.