Veridian Credit Union in Waterloo, Iowa, donated $34,000 to 12 nonprofits across Iowa and eastern Nebraska as part of its “Spark the Spirit” giving campaign, including a $5,000 donation to Central Furniture Rescue, pictured here.
Advance Financial doubles up for holiday giving
Advance Financial Federal Credit Union donated to the Food Bank of Northwest Indiana and the Salvation Army’s Angel Tree program.
Crane's service award
Crane Credit Union awarded Laurie Wagner with the fifth annual Lenora Whitehead Service Award, honoring a long-time teller with the credit union who passed away in 2014. Each year’s winner selects a charity for a $1,000 donation, with this year’s funds going to Night to Shine, an event created by the Tim Tebow Foundation.
Sharonview FCU benefits food pantry
Sharonview Federal Credit Union in Fort Mill, S.C. hosted a food drive to benefit Hope Street Food Pantry.
Suffolk Federal supports home ownership initiatives
Suffolk Federal Credit Union donated $2,500 to Community Housing Innovations to help with homebuyer education programming in order to increase homeownership across Suffolk County, N.Y.
We Promise Foundation donation
Chartway FCU partnered with J&A Racing to present the Chartway Norfolk Harbor Half Marathon, 10K and We Promise Foundation 5K. This is the credit union’s third year as a title sponsor and the event resulted in a $7,200 donation to the We Promise Foundation.
RIP Medical Debt
The Southern Michigan Chapter of Credit Unions donated $25,500 to RIP Medical Debt, a nonprofit organization working to erase $2.5 million in medical debt for nearly 3,200 people across five Michigan counties.
Kellogg Community 'lives United'
Kellogg Community Credit Union raised $28,000 in support of the United Way, exceeding its annual goal by $3,000.
Children's hospital donation
A group of Baton Rouge-area credit unions – including Baton Rouge Telco Federal Credit Union, Campus FCU, EFCU Financial, La Capitol FCU, Neighbors FCU and Pelican State CU – banded together for the 16th annual Baton Rouge Area Credit Union Charity Golf Tournament, raising nearly $60,000 for Our Lady of the Lake Children’s Hospital.
IMCU's got school spirit
Indiana Members Credit Union donated nearly $2,400 o Noblesville High School in Noblesville, Ind. as part of the CU’s school spirit debit card program.
Community banks that were pushed past key asset limits by the Paycheck Protection Program say they will be unable to shrink their balance sheets back to normal size by the 2022 deadline, especially if there is a new round of rescue aid.
The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.