City & County CU, St. Paul, Minn., kicked off a youth engagement initiative with two events: a Kids Day at its main branch, and Money on the Bookshelf, a free financial literacy program.
Greylock FCU, Pittsfield, Mass., pledged a $75,000 donation to the Boys & Girls Club of the Berkshires to fund the Clubs Triple Play and Meals program. The donation will be made in $25,000 increments over three years.
Wilmington, Del.-based DEXSTA FCU was a premium sponsor of this years Peach Festival in Middletown, Del., as 17 staff members participated.
Members and employees of Altura CU, Riverside, Calif., donated enough back-to-school supplies to fill a van as part of the annual Riverside County Fill a Backpack program.
In the first week after the National CU Foundation activated online disaster relief system CUAid for credit union people in Louisiana affected by last summers severe flooding, the Foundation collected more than $53,000. Later, Los Angeles FCU, Glendale, Calif., donated $10,000.
Robins Financial CU, Warner Robins, Ga., sponsored Retro Night Glow by contributing $1,000 to Project Giving.
In Lansing, Mich., the LAFCU letters continue to entertain thanks to five Michigan artists who each were chosen to paint a letter. The unique, 6-foot-tall letters that were turned into works of art were unveiled during the Jazz & Blues Concert Series on the Grand.
SPIRE CU, Falcon Heights, Minn., received the 2016 Dora Maxwell Social Responsibility Community Service Award. SPIRE also won the award 2013-2015. The CU unveiled a new food truck to visit local community events, and it is cleaning Rice Lake Trail in Maple Grove.
Firefly CU, Burnsville, Minn., was the statewide winner of the 2016 Dora Maxwell Social Responsibility Community Service Award for its biannual Secure Your ID Day. Firefly also won the 2016 Desjardins Adult Financial Education Award for its Learn@Work program.
Army Aviation Center FCU, Daleville, Ala., donated school supplies to 12 local organizations throughout its service areas to assist students and teachers during the 2016-2017 school year.
Andrews FCU, Suitland, Md., opened its newest branch in West Springfield, Va. Separately, the CU sponsored the Mid-Atlantic Police Motorcycle Rodeo, which raised $295,000 for C.O.P.S. (Concerns of Police Survivors) and the Make-A-Wish Foundation.
Nassau Educators FCU, Westbury, N.Y., selected Bianca Liriano as its 2016 Making a Difference Premier Scholarship recipient. The program awards $20,000 annually to one exceptional Long Island student who is a member, or has a parent or guardian who is a member.
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.