Philanthropy

Funneling fees from emergency loans to feed the hungry. Supporting psychological counseling for health care heroes and financial advice for the poor. Backing retrofits of customer operations to produce protective gear for front-line medical personnel. Bankers and financial educators have tossed out the traditional playbook to help clients and communities in crisis.

The regulator will provide $4 million in loans and $800,000 in grants so institutions can assist their communities during the pandemic.

It is the bank’s second big gift to the nonprofit Financial Health Network in recent years, with this one earmarked for a financial solutions lab.

The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.

The bank has hired Brandee McHale away from Citigroup to head its charitable foundation and implement a new strategy that will place a greater emphasis on rental housing and combating homelessness.

Credit unions are doing good in their hometowns in a variety of ways, including giving one middle school student an award for her business plan for a food truck.

The total includes donations to community groups helping low-income people, support for the development of financial coaching programs and investment in the creation and testing of fintech tools that can help underserved people.

New initiatives could give a boost to an already widely charitable industry, but fickle consumers and uncertain economic waters could prove a challenge.

Project 2025, a new venture from the Children's Miracle Network's Credit Unions for Kids program, has tapped 10 young credit union leaders to envision how the industry can improve its corporate giving.

A look at how some financial institutions are making an impact by hosting financial literacy programs, making donations and more.

The bank will fund community development financial institutions that lend to women-owned businesses backed by the fashion designer's foundation.

From picnics to products designed for armed service members to building homes for wounded warriors and more, here's a look at how credit unions across the country are making a difference in the lives of veterans.

Credit unions are taking part in the latest viral craze in the hopes of making a major philanthropic impact.

NCUF working with California Credit Union League to distribute disaster relief funds where needed.

The 2018 Credit Union Cherry Blossom 10-Mile Run and SacTown run helped CUs raise hundreds of thousands of dollars for Children's Miracle Network hospitals. Here's a look at some of the day's festivities.

Credit unions are the third-biggest contributor to Children's Miracle Network Hospitals, having donated more than $170 million over the last 22 years.

Scholarship programs for high schoolers and college students can also promote banking as a viable career option and serve as a channel for bringing in new business.

Rather than charge set fees, Aspiration offers customers name-your-fee accounts and donates to charities based on the amount of money it makes.

From donations to help Puerto Rico recovery efforts to aiding CMN hospitals, the United Way and more, here's how credit unions are giving back.