Michigan State University FCU, East Lansing, Mich., was recognized by the CUNA Marketing & Business Development Council for two of its direct mail campaigns: a Categorys Best Diamond Award for Credit Myths Mailer and a Diamond Award for Gen Y Auto Loan Mailer.
Brooklyn-based Polish & Slavic FCU opened its 17th branch in the heart of New Jerseys Polish community, Wallington, N.J. The 4,300-square-foot branch is PSFCUs fifth in New Jersey.
Medford, N.Y.-based Suffolk FCU donated $500 each to Paws of War and the Fountainhead Congregation. The CU also opened the doors of its newest (and ninth) branch in Sayville, N.Y.
State Employees CU, Raleigh, N.C., provided financial support to assist with Season 4 production of the award-winning PBS television show A Chefs Life with Vivian Howard.
Andrews FCU, Suitland, Md., concluded its 2016 Scholarship Program by awarding $15,000 in scholarships to 10 students: each student received $1,500 toward higher education expenses.
The Army Spc. Mathew G. Boule Memorial Park Fund is the latest winner of Lowell, Mass.-based Jeanne DArc CUs Give-A-Click Campaign. Each quarter one winner gets $1,500 from the CUs We Share a Common Thread Foundation.
TCT FCU, Ballston Spa, N.Y., completed its first Show Your Stripes Sock Campaign, raising awareness and $1,200 to benefit Ronald McDonald House Charities of the Capital Region.
Sikorsky CU, Stratford, Conn., partnered with Sterling House Community Center with a donation of 300 backpacks to be used at summer camp.
Adventure CU (formerly Option1 CU), Grand Rapids, Mich., celebrated the opening of its 10th branch with a ribbon-cutting ceremony. The CU was the second retailer to open in Arena Place, a $55 million mixed-use development.
Harvester Financial CU, Indianapolis, won a Gold MAC Award from the Marketing Association of Credit Unions for its new logo.
Community banks that were pushed past key asset limits by the Paycheck Protection Program say they will be unable to shrink their balance sheets back to normal size by the 2022 deadline, especially if there is a new round of rescue aid.
The plan still lacks concrete details about standards banks must meet to earn high ratings, but the agency said the new methodology would end grade inflation and could penalize banks that underperform.