Merck Sharp & Dohme FCU, Chalfont, Pa., raised $20,000 for two local charities: Sebastian Riding Associates and The Shepherd’s Shelf.
Military Appreciation Picnic
More than 30 volunteers from Altura CU, Riverside, Calif., helped honor military personnel and their families at the 44th Annual Military Appreciation Picnic at March Air Reserve Base. More than 4,000 people attended the event.
Prepare, pay and stay
Clearview FCU, Moon Township, Pa., hosted a free college planning seminar for students and parents. The seminar, “How to Prepare, Pay and Stay in College” was presented in partnership with Credit Union Student Choice.
The year of caring
Employees of American Eagle Financial CU, East Hartford, Conn., volunteered their time to spruce up the Mosaic Group Home. Annually, AEFCU partners with the United Way of Central and Northeastern Connecticut for its “Year of Caring Project.”
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Cardholder Engagement Award
Fiserv presented Staley CU, Decatur, Ill., with the Cardholder Engagement Award at its client conference. The award recognizes FIs that demonstrate a high level of cardholder engagement. Fiserv presented SCU with a $500 donation in the credit union’s name to a cause-oriented organization of its choice – YMCA Backpack Attack.
Calling all candidates
The Cooperative Credit Union Association’s Delaware Advocacy Committee met with Lisa Blunt Rochester, Democratic candidate for Congress, to discuss challenges facing the state’s credit unions and their 200,000 members.
Hoosier Hills is helping others
Diana Moers Davis, executive director of the Board of Depositories, visited George McNichols, president and CEO of Hoosier Hills CU, at the CU’s Bedford, Ind., headquarters. McNichols is the first credit union executive to serve on the Board of Depositories Board of Directors.
Big thanks from Army Banking
Financial Center First CU, Indianapolis, received a letter of appreciation from Major General David C. Coburn for providing Training with Industry support to two Army Banking Officers: Major Brian Stanley and Captain Christopher Anderson.
Winston-Salem, N.C.-based Truliant FCU held a ribbon-cutting to celebrate the opening of its newest full-service branch in North Carolina’s Matthews community, outside of Charlotte. Truliant donated $1,000 to Matthews Free Medical Clinic as part of the grand opening.
Shred it and forget it
Veridian CU, Waterloo, Iowa, held a free Community Shred Day at five Veridian branches across the state. The event drew 2,565 people to safely discard more than 64,000 lbs. of private documents.
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.