PenFed Credit Union, Tysons, Va., celebrated the opening of its new financial center in Puerto Rico with a ribbon-cutting ceremony. The nation's second-largest FCU also announced that it would be launching a financial education partnership for Puerto Rican high school students.
A bear-y good time
Santa Clara County Federal Credit Union announced another successful year with its toy bear program, in which the San Jose, Calif.-based CU donated 2,100 stuffed teddy bears to children in need.
Thank you for serving
Zeal Credit Union in Livonia, Mich., hosted a Jingle Bell Rock party for 160 children. Attendees were able to play holiday-style games, make crafts and even write handmade cards for patients. Through these efforts, the CU raised $1,500 for Children's Miracle Network hospitals.
Roughly 50 pints of blood were collected by Town & County Federal Credit Union thanks to two blood drives held at the Scarborough, Maine-based CU's operations center. The blood drives were organized in support of the two-year-old child of two long-time members.
Three veterans groups received donations from Vancouver, Wash.-based Columbia Credit Union. A total of $22,600 was raised through the CU's local "Help a Veteran" campaign.
York, Penn.-based First Capital Federal Credit Union presented a check worth $6,750 to a local United Way chapter. The funds were raised through the credit union's "First Cap Gives Back" program.
More mac and cheese, please
Catholic Vantage Financial Federal Credit Union hosted a mac and cheese bake-off to raise funds for the Christmas Angels project at its Plymouth branch. This was the Plymouth, Mich.-based CU's largest fundraising effort to date.
Youth empowerment program
Hanscom Federal Credit Union, headquartered on Hanscom AFB in Massachusetts, donated $10,000 to the Crossroads youth empowerment program. Since 2014, the CU has donated a total of $50,000.
Los Angeles Federal Credit Union in Glendale, Calif., supported their local fire department by donating bikes and toys to the fire department's family holiday gift program.
Cookies for kids
First Heritage Mortgage Services raised $3,500 throughout 2018 to support the Cookies for Kids' Cancer nonprofit organization.
The percentage of institutions in the Best Credit Unions to Work For rankings that provide formalized diversity training continues to rise each year, reflecting a growing awareness of the issue within the industry.
The company has been experimenting with ways to recruit more women and minorities, including a program to hire professionals who had left banking. But CEO Charlie Scharf’s reference to “a very limited pool of Black talent” for important jobs may make it harder for Wells to meet inclusion goals.