Manchester, N.H.-based Members First Credit Union employees donated $335 by way of their Casual Friday Fund to the Animal Rescue League of New Hampshire. Each employee donated $5 in exchange to wear casual fare on Fridays.
Supporting the troops
Medford, N.Y.-based Suffolk Federal Credit Union supported its local Girl Scouts troop by sponsoring the Girl Scouts of Suffolk County's Discovery World STEM Center.
Charitable partners
East Lansing, Mich.-based Michigan State University Federal Credit Union announced its $49,533 donation to four community charity partners: Child and Family Charities, Be Nice Mental Health Foundation, Hope Against Trafficking and Capital Area United Way. Each charity received $12,383.
Helping veterans
Philadelphia Federal Credit Union of Philadelphia donated $2,500 to the Delaware Valley Veterans Home, a new veterans home operated by the Pennsylvania Department of Military and Veterans Affairs.
40 under 40
Alison Isaksen, Jeanne D’Arc Credit Union’s business services advisor, was named a winner of a "40 Under 40" award due to her leadership qualities.
Sending off scholars
Waltham, Mass.-based RTN Federal Credit Union awarded $10,000 in scholarships to this year's 2019 recipients.
More power together
Employees of Bay Federal Credit Union raised over $11,000 in May in support of their Children's Miracle Network Hospitals fundraiser. And with a $10,000 match from CO-OP Financial Services, the Capitola, Calif.-based CU sent over $21,000 to the local Salinas Valley Memorial Hospital Foundation.
New beginnings
Members and employees of Dallas, Texas-based CUTX Credit Union gathered to celebrate the opening of their new branch, which will feature a new digital kiosk sign-in system along with a tech bar.
Exciting times
Cheers erupted after employees of Saint Joseph, Mich.-based United Federal Credit Union held a ribbon-cutting ceremony to celebrate the institution's expansion into northwest Arkansas.
The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers. The misconduct took place in a unit that served check-cashing businesses and was later shut down.
Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.
South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.