Corporate philanthropy

The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.

The Alabama company, as part of an efficiency effort, is streamlining its organizational structure and creating a division focused on community engagement.

In providing aid, banks can earn Community Reinvestment Act credit and burnish their reputation.

Increases in charitable donations will be more important than ever for bank reputations, as tax breaks and a lighter touch from financial regulators rekindle public anger about the financial crisis.

Under Herena’s leadership, BNY Mellon is making significant progress in attracting and retaining top talent.

Here’s a community bank that is growing goodwill with local residents — literally. The staff at an Independence Bank branch in Hopkins County, Ky., tends an acre of farmland before and after work, with their crops going to help feed the needy.

To head off ethical concerns often raised by university-corporate partnerships, Bank of the West is not paying kickbacks for accounts. Instead it is cultivating student input and chipping in for scholarships, internships and emergency food assistance.

Hackers are stealing enthusiasts’ phone numbers, then changing the passwords to clean out their financial accounts; bank makes pledge to human rights groups.

The money will be split between the Southern Poverty Law Center and the Anti-Defamation League.

On September 13 credit union employees can dress down to raise money for Children’s Miracle Network hospitals.