CHARLESTON, S.C. – South Carolina Firefighters FCU, chartered less than a year ago, has sprung into action following Tuesday’s tragic deaths of nine firemen here and is helping to raise funds for to help support the families. The fledgling credit union is helping to mobilize firefighters and the credit union community across the country to raise funds for a Friday memorial for the nine firefighters, and to provide financial assistance for their families, according to Bill Kennedy, president of the $2.3 million credit union start-up. “This is our opportunity to step up when we should step up,” Kennedy told The Credit Union Journal. The nine men were killed just before dawn Tuesday when the roof on warehouse where they were fighting a fire collapsed on them. The fundraising is being organized through the National CU Foundation’s new CUAid, created in the wake of Hurricane Katrina to organize relief for victims of disaster. Contributions can be sent at the web address cuaid.coop. The South Carolina Firefighters FCU was organized by the South Carolina Firefighters Association, which has provided the new credit union with an office in its Columbia headquarters and is paying the manager’s salary.
-
A federal indictment names Bank of America, M&T and seven other banks and credit unions, and quotes the texts that got deposits past their fraud controls.
14m ago -
Amid political pushback around ESG, Climate Week panelists say firm leaders should focus less on the label and more on the risks that matter to clients.
11h ago -
The Minneapolis-based superregional bank is leaning into a sector that has been at the center of the Trump administration's economic policies.
September 29 -
Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."
September 29 -
The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.
September 29 -
The trends of big profits, consolidation and slow organic growth are creating a lot of contradictions with the pay of financial advisors and other RIA staff members, according to The Ensemble Practice's annual tracking study.
September 29










