First Financial Credit Union sponsored a local math tournament for the third year in a row. The Lutherville, Md.-based CU contributed $1,400 to the event.
1st Ed Credit Union of Chambersburg, Pa., hedged its members against identity theft by hosting a community shred day.
A member of Alpena Alcona Area Credit Union won $5,000 through its Save to Win program. The program is designed to help Alpena, Mich.-based CU members of low-to-moderate income and encourages them to save by incentivizing $25 to $5000 prizes for every $25 deposited in a Save to Win account. As recently reported, prize-linked savings accounts like this are an increasingly popular way for credit unions to attract deposits.
Wyomissing, Pa.-based Discovery Federal Credit Union named the winner of its $1,000 CU Student Choice Scholarship.
MoneyStrong scholarship winners
Lowell, Mass.-based Jeanne D'Arc Credit Union announced 22 recipients of its 19th annual MoneyStrong College Scholarship.
Say aloha to reading
Hawaii State Federal Credit Union issued a $33,333 check to a local library during the 72nd annual Friends of the Library of Hawaii Booksale preview night. The preview night was held for members of the Honolulu, Hawaii-based institution.
Two $5,000 scholarships were presented to high school seniors by the United Heritage Community Scholarship Committee. The charity is an arm of the Austin, Texas-based United Heritage Credit Union.
Make-A-Wish New Hampshire received a record $210,000 donation from the New Hampshire Credit Unions, which exceeded the group's annual donation goal by $25,000.
Ready to lead
Six employees from Georgia credit unions graduated from the Southeast CUNA Management School, a three-year program that prepares students to lead the CU industry.
Pursuing higher ed
Prince George's Community Credit Union congratulated its recipients of the Bowie, Md.-based CU's scholarship contest. Two winners each received a $1,000 scholarship to pursue higher education.
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.