Holiday campaign set to support credit unions affected by natural disasters

November 29th, 201730118 The CUNA Mutal Group Foundation and CUAid are poised to present a meaningful Christmas gift to credit unions and their members suffering from the affects of natural disasters. "There are still significant needs for the affected disaster areas and holidays can be especially hard for those displaced from their homes or businesses," said CUNA Mutual Group Foundation Leader Beth Cutler in a press release.  With that in mind, CUNA Mutual Group Foundation pledged Tuesday to match every dollar donated to credit union disaster relief fund CUAid – up to $100,000 – through Dec. 31. CUAid is the only disaster relief fund dedicated to...

Robins Financial Credit Union sends holiday care packages to deployed troops

November 29th, 201725121 Robins Financial Credit Union recently sent some holiday cheer to those serving oversees.  The Warner Robins-based credit union created care packages for troops stationed overseas during the holidays. The packages contained personal care items and snack foods. "Robins Financial employees are proud to support deployed troops and have participated in this project for years," according to a press release. "It is a way of saying thank you for all of their dedication and sacrifice, especially during the holiday season." To learn more about Robins Financial Credit Union, click here....

MONEY names credit unions among country’s top financial institutions

November 27th, 20170111 MONEY recently featured 13 credit unions among its list of best financial institutions in each U.S. state. The reporters combed through data on the largest 90 brick-and-mortar banks, 50 credit unions and 15 online banks identified by the bank consultancy firm called Novantas, according to the article. Based on factors including fees, interest rates and account requirements, MONEY selected the best financial institution in each state. “To pick the champions, we required minimum balances that were $1,500 or less, and we assumed that you could put up with online statements to avoid fees,” according to the MONEY article. MONEY named...

EU works with credit unions to better business lending

November 17th, 201728114 Recently, European Union officials sat down with industry advocacy groups to discuss how the governing body could help credit unions increase lending to small- and mid-size businesses. According to a WOCCU press release, the Nov. 7 meeting in Brussels was constructive. Members of the European Parliament and European Commission – two branches of the European Union –  talked over EU-backed solutions to credit union’s business lending concerns. It was a different conversation than the one credit unions officials are having with law makers in the United States,  where federal regulation blocks CUs from lending more than 12.25 percent...
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