Four CUs from the Catskill/Hudson Chapter of the New York CU Association – Mid-Hudson Valley FCU, Hudson Valley FCU, Ulster FCU and TEG FCU – held a “Feed Our Vets” food drive, collecting $9,500 worth of non-perishable food items to benefit the food pantry at the Castle Point Veteran Hospital.
Dress down donation
Employees of Taunton FCU, Taunton, Mass., leveraged their Dress Down Program to give $75 each to six local organization that provide food to those in need, a total of $450.
Annual Harvest Food Drive donation
Naveo CU, Somerville, Mass., collected 20 grocery totes of non-perishables during its annual Harvest Food Drive to benefit the Somerville Homeless Coalition’s Project Soup food pantry.
In Maple Grove, Minn., TopLine CU’s Foundation awarded $10,000 in scholarship money to 16 TopLine members who are continuing their education. The scholarship awards included four $1,000 scholarships and a dozen $500 scholarships.
San Diego County CU continued honoring local teachers through its SDCCU Classroom Heroes program with a nod to Melissa Cuevas of Knob Hill Elementary School in San Marcos. Winners receive a $500 SDCCU Visagift card, and they are recognized as a Classroom Hero on a billboard in their community.
Food bank donation
Army Aviation Center FCU, Daleville, Ala., donated hundreds of pounds of food to local food banks in its service areas following its annual food drive.
Stopping leukemia and lymphoma
Pacific Service CU, Concord, Calif., raised nearly $15,000 for the Leukemia and Lymphoma Society. Pacific Service CU participated in the Light the Night walk in Walnut Creek, Calif.
Employees at SPIRE CU’s Maple Grove, Minn., branch began a partnership with the City of Maple Grove Parks and Recreation Board. Twice per year they will help clean up different areas within the Parks and Recreation system.
Food for kids
Advia CU, Kalamazoo, Mich., made a $500 donation to Mattawan Area Pantry to provide children with nutritious, kid-friendly food packs they can prepare themselves on weekends.
Three cheers for CUs!
Educational Systems FCU, Greenbelt, Md., donated $500 to the Chesapeake High School Cheerleading team as a thank you for performing at the CU's Employee Conference. Separately, the CU wrapped up its "Tips and Tools" contest with a $500 donation to Greencastle Elementary School in Montgomery County.
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.