June 7th, 20181243Peach State Federal Credit Union has purchased a new branch.
The new location in LaFayette, Ga., at 710 Main Street, is in the process of being renovated and is expected to open in August. The 2,640 square-foot, full-service branch will feature an ATM and drive-thru.
"Our strategy to provide financial services to those in undeserved areas has brought us to the LaFayette area and we're eager to bring a smart place to bank to this community," said Peach State's President and CEO Marshall Boutwell.
The new branch will be open from from 9 a.m. until 5 p.m. Monday through Friday.
June 7th, 20180179The Consumer Financial Protection Bureau fired the entirety of its 25- member Consumer Advisory Board during a conference call Wednesday, according to a Credit Union Journal article.
>>Related: Here are 5 things you need to know about the CFPB<<
Anthony Welcher, a political appointee and the CFPB's policy advisory for external affairs, told consumer advisory members during the brief call that the agency would be modifying the way the board operates
"We've decided we're going to start the advisory groups with new membership to bring in these new perspectives and new dialogue," Welcher reportedly said on the...
June 1st, 201826138Gwinnett County Public Schools recently announced its winners of the Georgia United credit Union Young Leaders Scholarship.
Each of the five winners won $2,000 toward their education.
Below are the winners:
Bailey Curtis from Mill Creek high School
Shannon Davis from Peachtree Ridge High School
Reina Mitchom from Archer High School
Hannah Roebuck from Parkview High School
Maggie Grace Yan Yan Simmons from Grayson High School
May 31st, 201822164When Andy Harris became president and CEO of Coosa Valley Credit Union (CVCU) three years ago, the organization had about $160 million in assets.
Today, that number is $345 million.
"If you want to go out and start growing, it costs money," Harris said at last week's Northwest Power Connectors luncheon at the Cartersville-Bartow County Chamber of Commerce. "So if your expenses are already elevated, it's going to be hard to grow, and be able to financially sound without having those expenses under control."
The road to CVCU more than doubling its assets, Harris said, began with the organization reducing its operational...
May 31st, 20182143Delta Community Credit Union recently awarded $100 savings accounts to 13 metro Atlanta-area students who submitted winning entries in the credit union's third annual Youth Month Essay Contest.
Delta Community hosts the essay contest each April during National Credit Union Youth Month. This year's contest urged students to write about how saving can help them "reach for the stars."
Winner Aaron Adams, a third-grader from Jackson Elementary School in Clayton County, wrote about how he saves his money to buy books, according to a Clayton News Daily article.
"I read lots of books so I can go to college," Adams said. "Reading helps me...
May 31st, 20181142Peach State Federal Credit Union has donated $5K to another Northeast Georgia library.
The Toccoa-Stephens County Library will receive $1,000 per year through 2022 from the credit union beginning this year.
The Toccoa-Stephens County Library is the central library for the Northeast Georgia Regional Library system, which has six affiliated libraries in Habersham, Rabun, Stephens and White counties.
"The library is an important resource to residents of Stephens County," said Library Manager Emily McConnell. "This donation will help us work to foster literacy and lifetime learning in our community by enabling us to purchase the tools...
May 30th, 20180124Robins Financial Credit Union recently awarded $2,000 each in scholarships to 11 high school seniors.
Robins Financial has presented this scholarship to graduating seniors for 22 years now and has given close to $500,000 in college scholarships to date.
Below are the recipients of the 2018 scholarships:
Alexandra Estrada, Peach County High School
Courtney Gay, Rutland High School
Alexis Jackson, Central High School
Myles Johnson, Mary Persons High School
Dylan Miller, Jefferson High School
Marissa Molnar, Houston County High School
Jada Pemberton, Howard High School
Tiffany Pike, Perry High School
Sean...
May 29th, 2018091Peach State Federal Credit Union recently made a $5,000 donation to the Currahee Military Museum, an addition to the Stephens County History Museum in Toccoa.
The museum will receive $1,000 per year through 2022 from the credit union beginning this year.
"We have a special place in our hearts for those who served in the armed forces," said Peach State President and CEO Marshall Boutwell.
Both Boutwell and Chief of Staff John Fair served in the military before beginning careers with the credit union. Today, serving the military remains an important part of the credit union's mission.
"Many of our employees and members are...
May 24th, 20180136Today, President Donald Trump signed into law a bill providing historic regulatory relief to credit unions and community banks.
The Credit Union National Association, the Georgia Credit Union Affiliates and other credit union leagues around the country have all championed the bill from early negotiations in the Senate. On Thursday, they celebrated Trump's signature on the act as a victory for the credit union movement.
"President Trump's signature on S. 2155 brings a successful end to one of the most comprehensive, historic advocacy efforts the credit union system has seen in quite some time," said CUNA President/CEO Jim Nussle. "From...
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