The Southeast Credit Union Foundation is fundraising to help CUs and victims of Hurricane Dorian in the Bahamas. The foundation stems from IBM Southeast Employees' Credit Union in Delray Beach, Fla.
Two new homes
"America First Credit Union of Riverdale, Utah, built two custom houses by partnering with HGTV's "Extreme Makeover: Home Edition."
Helping the military
Pentagon Federal Credit Union in Mclean, Va., and PenFed Foundation donated $250,000 to the National Military Family Association. One of NMFA's programs is Operation Purple Buddy Camp, which allows children of military members to reconnect with a relative after a parent's deployment or injury.
Diana Paulson
Scholarly pursuits
Lake Trust Credit Union of Brighton, Mich., awarded over $45,000 worth of scholarships to Michigan residents through its annual scholarship program. Some of the scholarship awards will allow winners to pursue skilled trades or technical programs.
Play ball
Hanscom AFB, Mass.-based Hanscom Federal Credit Union honored an Air Force pilot, Major Kristen Cepak, during a baseball game.
Serving youth
GTE Financial Credit Union donated over $32,000 to its local Boys and Girls Club chapter. The Tampa, Fla.-based CU's donation will help with programs and services for Tampa Bay's youth.
Hit the books
Michigan State University Federal Credit Union of East Lansing, Mich., helped students start their year off right by donating supplies to area schools.
Some fun after school
Troy Public Schools received a $15,000 donation from Caliente, Nev.-based Lincoln County Credit Union. The money will be used for an after-school program for the new academic year.
Retro Night Glow
Robins Financial Credit Union of Warner Robins, Ga., sponsored a Retro Night Glow event by contributing $1,000.
Starting the year off right
Jeanne D'Arc Credit Union of Lowell, Mass., donated school supplies to its local Boys and Girls Club chapter.
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.