The Association of Fundraising Professionals (AFP) has named the National Credit Union Foundation (NCUF) as the winner of its 2005 Award for Excellence in Fundraising, sponsored by Campbell and Co. The award goes to an organization that has demonstrated outstanding results in the areas of fundraising innovation, return on investment and/or the amount of funds raised. In just five years, the NCUF has increased its grant-making capabilities by 1,400%, from $166,000 in 2000 to $2.6 million in 2004 through its Community Investment Fund (CIF). The CIF is a common fund into which credit unions of all sizes can make investments through their corporate credit unions and U.S. Central. NCUF will receive the award on April 4, 2005, during AFP's International Conference on Fundraising in Baltimore.
-
Federal Reserve Vice Chair Philip Jefferson said in a speech Tuesday that despite positive employment readings in recent months, he remains concerned that an economic shock could still threaten the labor market.
2h ago -
Santander U.S. and Webster Financial are doing integration work in advance of their pending merger, including naming business-line leaders, the banks said in separate notes.
5h ago -
The FDIC board voted unanimously to issue a proposal putting a rebuttable ban on bank-issuers paying yield on stablecoins, another narrowing AML requirements and a third prohibiting examiners using reputational risk in exams, outside of operational or financial risks.
6h ago -
The neobank is rolling out Chime Prime, a new membership service that rewards customers for making Chime their primary bank account.
7h ago -
The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
7h ago -
Swiss banking giant UBS tried to get a federal court to reject new allegations that Credit Suisse, which UBS acquired in 2023, had concealed Nazi-linked assets.
8h ago










