Annual Golf Outing Funds New CUFoundation

June 28, 2006, 1:00 a.m. EDT 1 Min Read

BASKING RIDGE, N.J. - (06/28/06) Affinity FCU said Tuesday itraised $52,000 at its 9th annual invitational golf tournament lastweek at Stanton Ridge Country Club in nearby Readington, N.J.Proceeds will be donated to the newly formed Affinity FCUFoundation, a tax-exempt 501 © charity which will make awardsto eligible non-profit organizations. Sponsors of this yearsgolfing included: Digital FCU, Digital Insight, Guttman DevelopmentStrategies, KEV Security, PEMCO, and XP Systems.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Politics and policy

Credit unions blast new Washington state tax on bank deals

To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.

By Nathan Place

4h ago
Digital banking

Why small banks, credit unions are buying onboarding tech

Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.

By Melinda Huspen

4h ago
Small business lending

COVID loan program leaves some borrowers in a bind

Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hardline stance on modifications.

By John Reosti

5h ago
Cyber security

Betterment data breach exposes 1.4 million customers

Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.

By Carter Pape

February 6
Commercial banking

Banks gain amid software stock rout, despite credit questions

Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.

By Catherine Leffert

February 6
Industry News

Prosperity completes second of three Texas M&A deals

Prosperity Bancshares finalizes the second of three acquisitions it's announced since July; Sumitomo Mitsui Banking Corporation appoints a new chief information security officer for its American operations; Huntington Bancshares, Third Coast Bancshares and Heritage Financial completed acquisitions; and more in this week's banking news roundup.

By Allissa Kline

February 6