Kinecta FCU, Manhattan Beach, Calif., once again partnered with the Friendship Foundation to host a summer carnival for the nonprofit organization’s children and young adults with special needs.
PSCU celebrates expansion
St. Petersburg, Fla.-based PSCU held an open house and ribbon-cutting event in celebration of its expansion in Omaha, Neb. PSCU’s Midwestern Service Center will add more than 50 new jobs in the Omaha office, with plans to continue growing over the next three years.
New Hampshire governor visits Service CU HQ
New Hampshire Gov. Chris Sununu spent more than an hour walking through the corporate office of Service CU in Portsmouth. The governor held a meeting with a roundtable of Service CU’s senior leadership.
Robins Financial makes a difference
Robins Financial CU, Warner Robins, Ga., made a $4,000 donation to Georgia Military College to award a one-year scholarship to TJ Bennyhoff. Separately, the CU donated $1,000 to the Muscular Dystrophy Association to sponsor the Muscle Walk, and it won the Desjardins Youth Financial Education Award for its “It’s A Money Thing” program at high schools and colleges.
Suffolk FCU, Medford, N.Y., donated $1,000 to Blossom Sustainable Development, which is located on Shinnecock Indian nation territory and empowers local youth and families to live healthy lives through education, ecotourism and cultural health practices.
Army Aviation FCU assists students and teachers
Army Aviation Center FCU, Daleville, Ala., donated school supplies to 11 local organizations throughout its service areas to assist students and teachers during the 2017-2018 school year. Donations were made by AACFCU members and employees.
Allegacy celebrates and donates
In celebration of its 50th anniversary year, each branch of Allegacy FCU, Winston-Salem, N.C., is participating in Random Acts of Kindness gift card giveaways. The CU also developed a Random Acts of Kindness generator so the community can take part. Separately, Allegacy packed backpacks with school supplies for kids in need via the Sunnyside Ministries nonprofit.
Big honors for Patelco
Patelco CU, Pleasanton, Calif., earned three awards at the California state level from CUNA: first place for the Desjardins Adult Financial Education Award, first place for the Desjardins Youth Financial Education Award and first place for the Dora Maxwell Social Responsibility Award programs for credit unions with more than $1 billion in assets.
Getting an education at Educational Systems FCU
Educational Systems FCU, Greenbelt, Md., provided summer internships to three business and finance students. The seven-week program gave students the opportunity to work in the CU's operations and marketing departments.
A hero among us
Hanscom FCU, Hanscom AFB, Mass., honored the latest recipients of its Heroes Among Us program: Jesse Scego, a technical sergeant with the 66th Air Base Group Security Forces Squadron, and Vietnam veteran and Purple Heart recipient James Capozzi. Both were honored at a Lowell Spinners game.
Community Choice gives big
Community Choice CU, Farmington Hills, Mich., kicked off its Give Big Month with several initiatives and events, including donating 1,000 backpacks to area schoolchildren.
South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.
The OCC had hit James Strother and other executives with civil charges a year ago in connection with the bank's phony-accounts scandal. His monetary penalty is lower than what the agency had first floated.
Federal relief efforts have minimized loan losses so far, but risks remain in credit card, auto and business lending. Many borrowers will need another lifeline to stay afloat until the economy rebounds, CEO Jamie Dimon says.