New Hampshire Credit Unions made a repeat record-breaking donation of $200,000 to Make-A-Wish New Hampshire, which grants wishes of children with life-threatening medical conditions.
Georgia Heritage FCU, Savannah, Ga., awarded two college scholarships for 2016, with Bethany Dyals and Raquel Hazzard receiving $2,000 and $1,500, respectively.
Service First FCU, Sioux Falls, S.D., received the Growth & Progress Award from the Credit Union Association of the Dakotas.
Voyage FCU, Sioux Falls, S.D., received the Five Star Award from the Credit Union Association of the Dakotas for achieving credit union excellence and for increasing public awareness of CUs in their community.
In Bettendorf, Iowa, the Ascentra CU Foundation committed a grant for a total of $22,500 over the next three years to support Big Brothers Big Sisters for its volunteer recruitment program.
Langley FCU, Newport News, Va., donated $10,000 to the Hampton Roads Community Action Program to support programs and services that foster self-sufficiency through educational, social and economic development.
In Baton Rouge, La., Neighbors FCU's Capital Area Foundation hosted the 3rd Annual Clays for Kids Sporting Clay Tournament. The clay shoot and a silent auction raised $11,448.21 for the Baton Rouge Children's Advocacy Center.
Black Hills FCU, Rapid City, S.D., received the Champion Award from the Credit Union Association of the Dakotas for donating the most dollars to the Credit Union Political and Legislative Action Committees.
Railway CU, Mandan, N.D., received the Champion Award from the Credit Union Association of the Dakotas for donating the highest percentage over goal to the Credit Union Political and Legislative Action Committees.
IU CU, Bloomington, Ind., donated $30,000 to the Boys & Girls Clubs of Bloomington for its BIG Futures Capital Campaign. The Campaign plans renovations of the Club's Lincoln Street Unit and relocation and expansion of its Crestmont Unit.
TDECU, Lake Jackson, Texas, is the financial partner for Schulman's Movie Bowl Grille. Expected to open in Bay City in summer 2017, the state-of-the-art facility will feature 8 movie screens, 12 bowling lanes.
Employees of GCS CU, Granite City, Ill., raised $795 in one month to benefit TWIGS for Kids, which benefits children at risk of not having lunch in the summer. Through TWIGS, the cost per lunch for a child is about $1.25, so GCS employees donated 636 lunches.
Island FCU, Hauppauge, N.Y., presented college scholarships totaling $50,000 to 11 Class of 2016 graduates of Long Island high schools.
3Rivers FCU, Fort Wayne, Ind., announced plans to construct a new branch in the revitalized East State Village, northeast of downtown Fort Wayne. 3Rivers will invest $1.7 million in the new, 2,800-square-foot, freestanding branch, which is projected to open in early 2017.
JetStream FCU, Miami Lakes, Fla., was one of three winners of NAFCU's Credit Union Challenge Award for raising the most money in direct individual contributions for NAFCU/PAC within an asset category. JetStream won for CUs with less than $250 million in assets. JetStream CEO Jeanne Kucey served as NAFCU PAC chair for the past two years.
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.