Charter Oak FCU, Waterford, Conn., pledged a $10,000 grant to the Ocean Community YMCA’s Mystic Branch. The donation will be disbursed in $2,000 increments over the course of the next five years to assist with expenses associated with renovations at the Mystic Branch.
Caring for kids
Great Basin FCU, Reno, Nev., raised $1,693 from its Miracle Jeans Day for Renown Children’s Hospital, the area’s Children’s Miracle Network Hospital. Great Basin doubled its donation thanks to a matching grant from CO-OP Financial Services’ “CO-OP Miracle Match” program.
First Financial CU, West Covina, Calif., celebrated the grand opening of its newest branch in the city of Brea with a festive, member-oriented grand opening and ribbon-cutting ceremony.
Meet and greet
Arlington-based Texas Trust CU sent out its Operation Blue team to meet and greet business owners in Midlothian, Texas, home to its newest branch. The team visited more than 100 businesses in one day, giving small gifts and an invitation to its grand opening celebration.
Good Humor and hope
Northwest Community CU, Morton Grove, Ill., collected food and monetary donations for the Niles Township Food Pantry for two months. The CU sponsored a Good Humor Day where folks could visit the credit union, get a free Good Humor treat and make a contribution.
Align CU, Lowell, Mass., again sponsored the Merrimack Valley Food Bank’s Pantry Raid, a neighborhood food drive.
Honor Flights and Project Ignite Light
The CU Association of the Dakotas and the Red River Chapter of CUs collected $730 in donations for the WDAY Honor Flight program. Also, attendees of CUAD’s New Ideas Conference assembled 25 fleece blankets for Project Ignite Light.
Bigger than just bingo
Diamond CU, Pottstown, Pa., welcomed 130 people to play bingo for chances to win designer purses and jewelry. The second annual Winner’s Choice Bingo event supported the American Cancer Society Relay for Life and raised more than $3,000 for the cause.
Six tons of shred
Firefly CU, Burnsville, Minn., held its most recent shred event at four of its branches. More than 12,000 lbs. of paper was shredded, saving 102 trees, 42,052 gallons of water, 18.02 cubic yards of landfill and 3 years of energy.
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.