October 22nd, 2018087Robins Financial Credit Union recently donated toward an agency that utilizes law enforcement and the media to keep communities safe.
The credit union presented Macon Regional Crimestoppers with a donation to the 12th annual David Pierce Memorial Law Enforcement Dinner. The event is designed to partner law enforcement, the community and media to help keep people safe, according to a Credit Union Journal article.
Also featured in: The Credit Union Journal Online
October 22nd, 20183087Peach State Federal Credit Union has awarded more than $158,000 in scholarships and educational grants throughout the year, according to a Credit Union Journal article.
That number includes 23 Career Advancement Scholarships of $2,000 each as well as nine Legacy Student Scholarships at $2,000 each and 16 school system and community honoree scholarships at $2,000 each.
For more, read the full Credit Union Journal article here.
Also featured in: The Credit Union Journal Online...
October 22nd, 201847528On Oct. 17, the Basel Committee on Banking Supervision issued a revised Stress Testing Principles standard that will significantly reduce the regulatory burdens of stress test on credit unions and other community-based financial cooperatives.
Earlier this year, the World Council of Credit Unions urged the "proportional" approach to stress testing adopted by the Basel Committee. Stress tests of credit unions and other community-based cooperative depository institutions are based on this Basel Committee standard and will now be implemented by regulators on a more proportionate basis, based on the size, complexity, resources and risk profile...
October 18th, 2018071And it's also Credit Union Day in Georgia.
Today, Georgia will join their peers across the world in celebrating International Credit Union Day tomorrow.
“101 credit unions in Georgia continue to empower more than 2.13 million members to improve their economic situations,” said Deal in a proclamation declaring Oct. 18 to be Credit Union Day in Georgia.
Credit unions are not-for-profit financial cooperatives that give members an alternative to for-profit financial institutions. These cooperatives exist to benefit their members, rather than to make profit for shareholders.
Credit unions have become important parts of economies...
October 12th, 20189115A Peach State Federal Credit Union employee was among 45 credit union professionals recently certified as Credit Union Development Educators after completing the National Credit Union Foundation's Credit Union Development Education Training.
Cindy Wiggins from Peach State Federal Credit Union received her certification after attending the training held from Sept. 19 to Sept. 25 in Madison, Wis. The training was attended by employees and volunteers from credit unions and system partners cross the United States and the globe.
DE is an experiential training program that teaches employees about credit union structure, purpose and how they...
October 11th, 20180112The Habersham Community Theatre in Clarkesville will receive $1,000 per year through 2022 thanks to Peach State Federal Credit Union.
The donations from Peach State will begin this year.
The Habersham Community Theatre is located in the historic Habersham Theater, built as a movie theater in 1937. Now, the theater offers dramas, musicals, children's productions art exhibits and more. Bob Warren, vice president of marketing and a board member for the theater, said Habersham Community Theatre can continue to offer a full calendar of productions and events thanks to donations like those from Peach State.
"On behalf of the HCT...
October 11th, 201816401Augusta VAH and SRP credit unions will merge by the end of the year.
The two credit unions have a combined $1 billion in assets, 20 branches and more than 50 ATMs in Georgia and South Carolina. Their intent to merge has already been approved by each credit union's board of directors. The merger is still subject to regulatory approvals, but is expected to be completed by the end of the year.
"This voluntary merger wtih SRP Federal Credit Union will provide a means for the enhanced products and services that Augusta VAH Federal Credit Union membrs desire," said Phyllis Cochran, president and CEO of Augusta VAH Federal Credit Union. "We...
October 11th, 201825112On Thursday, the National Credit Union Foundation opened CUAid to receive disaster relief funds to help credit union employees and volunteers affected by Hurricane Michael.
The Category 4 hurricane ripped through Florida and parts of Georgia on Wednesday and continued through to the Carolinas on Thursday, leaving a path of destruction in its wake. The storm left buildings collapsed, hospitals damaged and more than a million homes and businesses without electricity, according to a New York Times article. At least seven people died as a result of Hurricane Michael.
Credit unions throughout Georgia and Florida as well as the League of...
October 10th, 20182296The League of Southeastern Credit Unions and its affiliated credit unions are bracing for Hurricane Michael.
The league, which is based in Tallahassee, joined many of its credit unions in closing their branches Tuesday around noon and remaining closed through Thursday because of the state of emergency declared for Alabama and Florida, according to a Credit Union Times article.
Hurricane Michael will be the second major hurricane to it the area in 13 months. It was just over a year ago — September 2017 — when Hurricane Irma dumped more than a foot of rain, brought winds of 130 to 142 mph and knocked power out at more than 5.6...
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