Boulder, Colo.-based Elevations CU celebrated the opening of its newest branch in downtown Boulder with a community open house event. Elevations sponsored more than 40 pedi-cab rides around the Pearl Street Mall to help community members enjoy the night’s events.
Members Exchange’s ‘Star Student of the Month’
Members Exchange CU, Ridgeland, Miss., awarded $100 to Aurea Toledo-Dunham, Germantown High School, for being selected Star Student of the Month. The award is voted on by the faculty and staff of GHS, and is based on outstanding academic achievement and strong commitment to community involvement.
CU on the farm
Genisys CU, Auburn Hills, Mich., sponsors an acre of land on Forgotten Harvest Farms – and that productive acre produced a record harvest of 30,000 lbs. of nutrient-rich kale that was donated to residents of the Flint area and distributed by Eastern Michigan Food Bank.
Game Day sponsorshipo
Robins Financial CU, Warner Robins, Ga., sponsored Game Day 2017 by contributing $1,000 to Easter Seals Middle Georgia.
Aggieland named 'Best CU'
Aggieland CU, College Station, Texas, earned the title of Best Credit Union in the Best of Brazos Valley 2017. It was the sixth year in a row Aggieland took home this honor.
IMCU's got spirit
Indiana Members CU, Indianapolis, presented a check for $1,019 to Lawrence North High School in Indianapolis as part of an ongoing school spirit debit card program.
Dutch Point helps fund children’s medical center school
Dutch Point CU, Wethersfield, Conn., gave a check for $4,051 to the Connecticut Children’s Medical Center Foundation to benefit the CCMC School located in New Britain, Conn. The check brings the credit union’s donation for 2017 to $5,051.
Help after the hurricane
Army Aviation Center FCU, Daleville, Ala., donated $500 to the Salvation Army and $500 to the American Red Cross to support those affected by Hurricane Harvey.
Alaska USA's big donation
Anchorage-based Alaska USA FCU donated $100,000 to the Financial Reality Foundation, a local non-profit that provides programs to develop the financial literacy of high school students and lead them to achieving their life-long financial goals.
As COVID-19 infections break records nationwide, some banks are once again closing lobbies. But many others are maintaining the status quo after instituting a host of safety protocols that didn’t exist in the spring.
The agency said federal thrifts must abide by the same rules as national banks pertaining to membership in payment systems and codified policies on acceptable derivatives practices among a slew of technical changes.
Hospitality sector credits are coming out of forbearance just as coronavirus cases surge. Restructurings and charge-offs could mount unless vaccine distribution happens quickly enough to jump-start travel by mid-2021.