Heritage Trust FCU, Summerville, S.C., held a grand opening for its new student-run branch on Cane Bay High School campus. Separately, the CU hired a new student-apprentice, Bryson McIntosh, a junior at Berkeley Middle College, to work in IT as a network technician.
Andrews FCU Sponsors Run for the Fallen
Andrews FCU, Suitland, Md., served as the prime sponsor for the 2016 New Jersey Run for the Fallen, donating $5,000 in support of the cause.
TEG FCU Supports Meals on Wheels
TEG FCU, Poughkeepsie, N.Y., donated $1,250 to the New Hamburg Yacht Club through its 13th Anniversary Day of Golf benefit for Meals on Wheels of Wappinger Falls, N.Y.
Notre Dame FCU Awards Scholarships
Notre Dame FCU, Notre Dame, Ind., awarded 12 scholarships for the 2016-2017 academic year. The students each received $1,500 and accompanying 2017 summer internships within the credit union department of their choosing.
RTN FCU Hosts Youth Social
RTN FCU, Waltham, Mass., hosted a Class Act Social for young people. The event featured pizza from the Sweet Tomatoes Food Truck, a drawing for Red Sox-Yankees tickets, giveaways and games, and highlighted RTN's Class Act Checking Account for ages 24 and under.
Dover FCU Honors Military
Dover FCU, Dover, Del., hosted Military Appreciation Day at its Dover Air Force Branch, serving 500 sandwiches and 30 pizzas to the Airmen on their lunch hour. Separately, the CU had a booth at the Delaware Electric Cooperative's annual meeting and awarded one attendee $250 toward her electricity bill.
Financial Partners CU Sponsors Rocket Fever
Financial Partners CU, Downey, Calif., sponsored Rocket Fever, Los Angeles' only urban Rocket Festival, at Columbia Memorial Space Center, and it held a member appreciation day, inviting members to a free "Shred and E-waste" collection.
Great Lakes CU Hosts Financial Workshop
Great Lakes CU, Bannockburn, Ill., sponsored a financial workshop for local veterans. GLCU employees handwrote cards thanking veterans for their service and sacrifices. Separately, GLCU continued its Random Acts of Kindness by handing out 200 water bottles at the 5K for Labor Day run and giving a $100 gas card and flowers to a mother-daughter duo.
Affinity Plus Offers 'Smart Money' Sessions
St. Paul, Minn.-based Affinity Plus FCU welcomed Itasca Community College students back to school with four "Smart Money" sessions during New Student Orientation. This was the second year Affinity Plus has led the Smart Money sessions. More than 150 students took part.
SPIRE CU Participates in Aquatennial
SPIRE CU, St. Paul, Minn., hosted Anchors Aweigh! night at CHS Field. St. Paul Saints fans were greeted by the 2016-2017 Minneapolis Aquatennial Ambassadors, which includes SPIRE CU's President and CEO, Dan Stoltz, the Aquatennial Commodore.
Catholic FCU Hosts Youth Sports Clinic
Close to 200 youth were in attendance at Saginaw Valley State University for a free, 90-minute football Community Youth Sports Clinic presented by Catholic FCU, Saginaw, Mich. It was the first of five free sports clinics the CU offered free to boys and girls grades K-8.
Georgia United CU Gives School a Makeover
Georgia United CU, Duluth, Ga., performed a "mini-makeover" at Browns Mill Elementary as part of its third annual School Crashers school improvement program. Browns Mill was selected from among hundreds of entries to receive a $10,000 school improvement grant.
Seattle Metro Relocates Headquarters
After four decades at 801 Third Ave., Seattle Metropolitan CU relocated its headquarters across from Safeco Field, at Home Plate Center. This move positions the credit union at the current epicenter of Seattle's growth.
Greater Nevada CU Earns Accolades
For the 10th consecutive year, Greater Nevada CU, Carson City, Nev., was voted Best Financial Institute in the Nevada Appeal's Best of Carson City awards. GNCU also took Best Credit Union and Best Local Place to Work in the Reno News & Review Best of Northern Nevada awards.
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.
CEO Wendy Cai-Lee says Piermont Bank can do it all for financial technology firms: be their commercial banker, be their banking-as-a-service provider and develop APIs and other cutting-edge products for them.
The Trump administration has compelled the Federal Reserve to shut down the Main Street Lending Program and other facilities that aid banks’ pandemic relief efforts, but President-elect Biden’s Treasury nominee could help turn the spigot back on.