February 27th, 20180108Georgia United Credit Union will host an open house — complete with prize giveaways — to celebrate its new Stockbridge location March 6.
"The event offers an opportunity for the Stockbridge community to come and learn about the benefits of joining our credit union along with the products and services we offer, and interact with our knowledgeable team members," said Georgia United President and CEO Debbie Smith.
Refreshments will be served and giveaways will take place that day between 9 a.m. and 5 p.m. Guests will have the chance to win one of several VISA gift cards throughout the day. Local officials will be present for the...
February 23rd, 20181228The Georgia credit Union League joined the Credit Union National Association and the National Association of Federally-Insured Credit Unions in filing an amicus brief defending a credit union hit with a lawsuit over overdraft services.
The amicus brief was filed with the U.S. Court of Appeals for the 11th Circuit to defend LGE Community Credit Union, a credit union based in Marietta, in Tims v. LGE Community CU. The lawsuit is one of 30 class action suits against credit unions and community banks challenging their method of assessing overdraft fees based on the "available balance" rather than the "ledger balance" in member...
February 23rd, 201831382At least four Georgia credit unions have joined 31 other credit unions nation-wide that have partnered with online car dealership Carvana in the last few months.
"Our model is aligned with credit unions," said Chief Product Officer Dan Gill in a Credit Union Journal article. "We roll out our business one market at a time. We do targeted marketing in the geography where we are present. Credit unions tend to have geographically centered memberships. They also have a reputation for great service and great rates. We align with that credit union philosophy."
(Credit Unions) also have a reputation for great service and great rates. We align...
February 23rd, 201833152Coosa Valley Credit Union recently weighed in on the pros of taking out a personal loan through a credit union.
"Credit Unions operate differently from banks," the credit union asserted in a column that ran in Coosa Valley News. "They are not-for-profit organizations that usually serve a specific community. Being not-for-profit means that credit unions are focused more on helping their members than on answering to stockholders or trying to boost profits for the sole benefit of the bank."
The column discussed three reasons consumers should consider credit unions for a personal loan, including friendly service and community focus,...
February 23rd, 20180130Nearly a dozen Illinois credit unions are now taking advantage of a loan program offered through a CUSO developed by Georgia Credit Union Services and three Georgia CUs, according to a CUInsight article.
Up until recently, state-chartered credit unions weren't allowed to invest in these sorts of loan pools.
The CULS Loan Program is offered through LSC and Credit Union Loan Source, which was organized and chartered in 2004 by Georgia Credit Union Services, Inc., Delta Community Credit Union, Atlanta Postal Credit Union and Georgia's Own Credit Union.
"The CULS participation model originates prime and super prime loans and provides...
February 21st, 20185133Coosa Valley Credit Union is planning a move.
The credit union based in Rome is planning to move its main branch, executive offices and operations center down the street to a new building where the former Northwest Georgia Credit Union once stood, according to a Rome News-Tribune article.
Coosa Valley CU obtained the property when it merged with Northwest Georgia CU in 2016.
Andy F. Harris, president and CEO of Coosa Valley CU, told the News-Tribune he expects the move to happen in the next three to five years.
"Coosa Valley Credit Union is committed to the Rome community," Harris said....
February 16th, 2018080Both DOCO Credit Union and Southeastern Credit Union have signed on as corporate partners for The Cancer Coalition of South Georgia's fifth-annual Night for Hope fundraising gala.
The Cancer Coalition puts on the event each year to benefit cancer patients in south Georgia, according to an article in the Albany Herald. Money will be designated to continuing the coalition's health navigation and cancer screenings, education, community research and support for both the patients and survivors.
Last year's event raised $26,000, according to the Herald.
This year's event will be held Feb. 24 at the Hilton Garden Inn in Albany, beginning...
February 16th, 2018081Georgia's Own Credit Union is sponsoring a little guidance for MBA and Master's students at Georgia State University.
This spring, GSU's J. Mack Robinson College of Business recently will introduce a graduate mentoring program to help MBA and master's students build relationships with seasoned industry professionals. The six-month program uses an algorithm that examines factors including industry, years of experience, career goals and expected outcomes to match mentors with students.
The program's pilot phase will begin in March. Robinson is currently recruiting mentors.
"Mentors can provide support, validation and wisdom," said...
February 15th, 20183316Atlanta Postal Credit Union recently announced a new leader of its board of directors.
Donald A. DeCinque has been elected as the chairman following Moses M. Spence's resignation from the position in January. Spence had held the post for 17 years and will continue to serve on APCU's board of directors.
"Spence began his distinguished career with APCU in September 1966," according to an APCU press release. "He worked his way up from sorting mail to teller, loan officer, assistant treasurer, treasurer, general manager and president / CEO from 1966 until December 2000. APCU's members, board, management and employees are grateful to Spence...
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