Heritage Trust FCU, Summerville, S.C., is using technology to make financial education fun for area youth. Through its interactive online video game Coindexter, children are able to create their own avatar and become immersed in the educational virtual world of Econopolis.
The Indiana Members Foundation, the charitable arm of Indiana Members CU, Indianapolis, hosted 128 golfers at its 8th Annual Golf Outing, which raised $29,000 to benefit the Indiana Members Foundation, whose mission is to support children in Indianapolis and surrounding communities.
Employees of GCS Credit Union, Granite City, Ill., raised $1,055 in a single month to benefit the Granite City APA, a local "no-kill" shelter.
On Miracle Treat Day, Heartland CU, Inver Grove Heights, Minn., bought members a Dairy Queen Blizzard to thank them for their membership while helping raise money for Childrens Miracle Network Hospitals. More than 100 Heartland members across the U.S. enjoyed a treat from DQ.
Insight CU, Orlando, Fla., held its annual Back to School Supply Drive, donating more than 3,000 school supplies for underprivileged students in Central Florida.
The American Red Cross collected 21 pints of blood from Robins Financial CU employees, members and members of the community at a blood drive held in Warner Robins, Ga.
SharePoint CU, Bloomington, Minn., commemorated the opening of its new administrative office and branch with a flag raising ceremony and ribbon-cutting event with local government and chamber officials, vendors, and local credit unions.
Educational Systems FCU, Greenbelt, Md., supported learning during the summer by donating 1,100 rulers, 2,200 pencils and $1,000 to the Montgomery County Public Schools Retirees Association's Toolkits, Books and Backpacks project. Separately, the CU awarded $33,000 in scholarships: $3,000 each to eight graduating high school seniors and three community college students.
The Credit Unions of Rhode Island raised a record-breaking $90,900 for Special Olympics Rhode Island during the 2015/2016 fundraising season. The amount raised surpassed a goal of $80,000 and brings a 19-year donation total to $890,000.
The works of Ridgecrest, Calif., resident Frances Nichols were featured at the inaugural AltaOne FCU art exhibition, located in the credit unions corporate member service center in Ridgecrest.
Scott CU, Edwardsville, Ill., welcomed more than 100 golfers and dozens of area sponsors at its 10th annual golf tournament fundraiser, which raised $28,000 for the Southwest Illinois Division of the United Way of Greater St. Louis. Scott CU has held the tournament each year since 2007.
Nassau Educators FCU, Westbury, N.Y., hosted a free Shredding & Technology Disposal Day at its Wantagh branch, where more than 130 local residents brought more than two tons of documents and papers to be shredded, and 58 computer hard drives to be erased and e-cycled.
Skyward CU, Wichita, Kan., gave back to the community it has served since 1941 with a donation of nearly 600 backpacks to the KAKEland School Supply Landslide.
Fort Bragg FCU, Fort Bragg, N.C., raised $17,500 through its 22nd Annual Charity Golf Tournament. The funds raised were donated to Friends of the Cancer Center at the Cape Fear Valley Health Foundation and the Victory Junction Gang Camp.
State Employees CU, Raleigh, N.C., and its SECU Foundation made a $500,000 grant to help fund the construction of a 35,000-square-foot medical facility and renovation of a campus building, expanding healthcare accessibility for those in need in southeast Raleigh.
Americas CU Museum
Suncoast CU, Tampa, Fla., pledged $50,000 to Americas Credit Union Museums Legacy Campaign. Suncoast CUs commitment put the Legacy Campaign at 75% of its goal, or more than $2.5 million dollars pledged toward the $3.3 million capital campaign objective.
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.