Casper, Wyo.-based Reliant Federal Credit Union announced the opening of a shared branch location near Yellowstone National Park, an area that was previously underserved.
Cafe for kids
Vantage Credit Union funded projects across five local schools geared toward students with donations ranging from $500 to $2,000. One of the schools will use the funds from the St. Louis, Mo.-based credit union to start a cafe run exclusively by the students.
Taste of reality
Over 100 high school juniors learned about personal finance management at a 2.5-hour financial reality fair from Lansing, Mich.-based LAFCU. During the fair, students were instructed to create a realistic one month budget along other financial tasks and challenges.
University of Kentucky Federal Credit Union donated food and thousands of non-perishable items as part of a local food drive. The Lexington, Ky.-based CU collected over 4,800 non-perishable items in the 2018 food drive.
West Community Credit Union was the 2018 recipient of the Missouri Quality Award. The O'Fallon, Mo.-based credit union's leadership, workforce, community service and Business Process Management system are some of the cited reasons for the accolades.
Neonatal Couplet Care
A neonatal couplet care program will receive a $50,000 donation from Hunt Valley, Md.-based Point Breeze Credit Union. The program is the first in Maryland and the second in the nation.
In exchange for a $5 donation, employees of Members First Credit Union, Manchester, N.H., were able to sport jeans each Friday. Donations benefited veterans who will travel to Washington D.C. in May.
A new branch
Wescom Credit Union brought a new branch to Anaheim, California. The Pasadena-based credit union will provide services to Anaheim's 351,000 residents.
Helping the hungry
Laurel, Md.-based Tower Federal Credit Union donated $15,000 to area food banks with the help of the TowerCares Foundation. Three food banks each received $5,000 to help alleviate meal concerns for those impacted by the government shutdown.
Brand new branch
Hauppauge, N.Y.-based Teachers Federal Credit Union celebrated the opening of its 31st branch. The credit union opened six new branches last year.
Wells Fargo provides few updates on growth; why some banks are aggressively cutting costs and others aren’t; crypto exchange Kraken receives Wyoming bank charter; and more from this week’s most-read stories.
The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.