First Citizens’ FCU, Fairhaven, Mass., unveiled its newly remodeled Raynham branch to its members with a two week-long Grand Reopening. The new design includes an open concept to promote more communication between members and staff, including teller “pods” replacing teller lines.
Coming soon: brand new branch
Chartway FCU, Virginia Beach, Va., broke ground on a modern, full-service branch located on the corner of Newtown Road and Kempsville. The 5,020-square-foot branch, which will replace the current location across the street, will feature an inviting, open-concept floor plan.
In-school branch debuts
Veridian CU, Waterloo, Iowa, partnered with Waterloo Community School District to open Superhero Savers Student Credit Union, the district’s first in-school, student-run credit union.
Hospital foundation donation
In Fitchburg, Mass., as part of Workers CU’s Charitable Giveback program, the credit union made a $2,500 donation to HealthAlliance’s Hospital Foundation.
Employees of TruMark Financial CU, Fort Washington, Pa., raised $400 for the Curing Retinal Blindness Foundation through a month of jeans days on Fridays.
Scott Wuerch 7158287567
Middle school students in Eau Claire, Wis., completed Royal CU’s Future U.S. Entrepreneurs program. FUSE is a competitive learning experience for students to draw from their business and entrepreneurship classroom lessons to create a business proposal and present to a panel.
First Community CU, Chesterfield, Mo., opened its newest branch. The full-service branch with drive-ups and an ATM is located across from the old Crestwood Mall and features a self-serve coin kiosk. This office will be another home to Investment Services at First Community.
Snip the ribbon
PenFed CU’s board of directors cut the ceremonial ribbon its new headquarters in Tysons, Va. PenFed’s new office space will accommodate up to 500 employees and provides PenFed with room to grow.
Help for the homeless
Twenty employee volunteers from Los Angeles FCU, Glendale, Calif., served lunch to 250 homeless at The Midnight Mission in the Skid Row area of downtown Los Angeles.
Double donations for Fort Rucker
Army Aviation Center FCU, Daleville, Ala., donated $1,000 to the Fort Rucker Emergency Food Voucher Program and $1,000 to the Fort Rucker Holiday Food Voucher Program.
CMN Denim Days
Member One FCU, Roanoke, Va., presented the local Children's Miracle Network Hospital at Carilion Children's with $1,000 as a result of its latest Denim Day fundraiser.
‘Safe’ services for families
Forest Area FCU, Fife Lake, Mich., and 4Front CU, Traverse City, Mich., donated $4,500 to Safe Haven Supervised Visitation and Safe Exchange Program in a joint effort to ensure these important services to families in the Kalkaska and Antrim Counties continue.
Golf for nonprofits
Columbia CU, Vancouver, Wash., gave more than $24,000 in proceeds from the first annual John McKibbin Legacy Classic Golf Tournament to three Clark County nonprofit agencies: Legacy Salmon Creek Medical Center’s Child Abuse Assessment Endowment Fund, Pearson Field Education Center and Leadership Clark County. Each agency received a check for $8,078.
Connex CU, North Haven, Conn., donated $2,000 to Connecticut Children’s Medical Center. This donation will help the hospital staff continue conducting breakthrough research and implementing life-saving equipment.
First Horizon, TCF and Webster are among the banks eyeing efficiency initiatives that could include more branch closings, layoffs and reduction of office space. Expect others to follow suit as low rates and tepid loan demand tied to the pandemic pressure revenue.
The Federal Deposit Insurance Corp.’s latest report on the industry’s health had positive news about the earnings recovery last quarter, but it also showed that low interest rates amid continuing economic uncertainty are putting downward pressure on asset yields.