A seventh grader crafted a business proposal to open a Parisian food truck that included a menu and merchandise, earning her the PFCU Get to Work Award from the Philadelphia, Pa.-based PFCU.
Hanscom AFB, Mass.-based Hanscom Federal Credit Union amassed nearly 3,000 books for their annual children's book drive.
Merrimack Valley Credit Union of Lawrence, Mass., awarded $10,000 worth of scholarships to nine high school seniors. The CU received 178 applications from 24 different high schools to compete for the awards.
Learning about money
Second grade students listened to John P. Buckley, Jr., president and CEO of Gerber Federal Credit Union, read a book called Money Madness to them. The Fremont, Mich.-based CEO discussed money management tips with the elementary school students.
Revitalizing the community
3Rivers Federal Credit Union of Fort Wayne, Ind., pledged their support to a community revitalization project with a $10,000 check.
Riverdale, Utah-based America First Credit Union recognized the scholarly achievements of 30 high school seniors with scholarship awards.
Clinton, Township.-based FreeStar Financial banded together to remove litter off of a highway and keep their habitat clean.
American 1 Credit Union announced a new partnership with Spring Arbor University at a ribbon-cutting ceremony at the new McDonald Athletic Center. The Jackson, Mich.-based credit union provided a $250,000 gift to the university.
Greenbelt, Md.-based Educational Systems Federal Credit Union celebrated literacy by sponsoring a Read & Hit a Home Run program that includes 200 schools and reaches nearly 35,000 students.
Boulder, Colo.-based Elevations Credit Union accepted its community partner award from the League of Women Voters.
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.