February 6th, 2018192This Black History Month, the National Federation of Community Development Credit Unions and the African-American Credit Union Coalition have joined forces to celebrate African American credit unions in a social media campaign that illustrates the impact of credit unions on their members and communities.
The Federation promotes financial inclusion by organizing, supporting, and investing in credit unions that specialize in serving communities with limited access to affordable financial services. It includes many minority designated credit unions among its members.
"The Federation was organized over 40 years ago by primarily minority...
February 6th, 20181209A community recently honored a Georgia credit union leader was recently honored for all she's done to help people afford life.
The Liberty County Chamber of Commerce named GeoVista Credit Union CEO Elaine R. Tuten the 2017 Business Leader of the Year. Leah Poole, the Chamber CEO, presented Tuten with the award at the 2018 Chamber Annual Banquet and Taste of Liberty.
Tuten knows credit unions. She's dedicated more than 50 years of her professional life to the Credit Union National Movement and has spent more than 40 of those years serving as CEO at GeoVista.
"Elaine has committed her career to expanding the footprint of the credit...
February 2nd, 20182226MidSouth Community Federal Credit Union has gone back to school.
The Macon-based credit union coordinated with Bibb County School District to officially unveil its new student-run credit union branch inside the district’s Hutchings College and Career Academy on Tuesday.
“We work to be significant in our community and we’re significant when we impact lives,” said MidSouth President and CEO Roy Bibb. “We’re excited to help students get not just career-ready, but into a career right now.”
Six high school seniors staff the fully-functioning branch located in the school. The young employees are all a part of the Bibb County...
February 2nd, 2018193Georgia United has been generating some buzz.
The Duluth-based credit union announced Thursday an expanded partnership with the Georgia Tech Athletic Association to become its official credit union, according to a Georgia United press release.
"This is a great opportunity for us to strengthen our relationship with Georgia Tech and reinforce our commitment to education," said Debbie Smith, Georgia United's president and CEO. "We are looking forward to introducing a unique debit card program to Georgia Tech students, alumni and fans to support athletic scholarships this year."
Georgia United has been actively involved with Georgia...
January 29th, 20180100The Michigan Credit Union League has filed an amicus brief in Federal Court supporting American 1 Credit Union as it battles a law suit alleging non-compliance with the Americans with Disabilities Axt.
MCUL’s brief is in support of a motion to dismiss filed by attorney and counselor Michael M. Bell of Howard & Howard law firm.
The lawsuit is the latest in a series brought by trial attorneys seeking judicial interpretation of the ADA as it applies to website accessibility, according to a MCUL press release.
“It’s unfortunate that in the absence of regulatory guidance, credit unions are forced to expend valuable time and...
January 26th, 20181139Credit unions have experienced success in Georgia due to their unique ability to help members afford life — and future success is contingent upon maintaining that uniqueness.
Those were just some of the points Georgia Credit Union Affiliates CEO Mike Mercer touched on when he sat down with The BigCast host Glen Sarvady in November of 2017 to discuss the state of Georgia credit unions.
Mercer, who has been based in Georgia for 30 years and who also remains heavily involved in credit unions on a national level, said GCUA has been working through a variety of facets to make sure the community understands what advantages credit unions...
January 26th, 201856191
The U.S. economy’s strong third quarter helped launch Georgia credit unions toward a fourth-straight year of double-digit loan growth.
Unemployment rates in the United States fell to a nearly 17-year low in the third quarter and consumer spending remained strong. That showed in the loan portfolios of Georgia credit unions.
By the end of September, lending increased by 10.7 percent on a year-over-year basis, according to data collected by the Credit Union National Association. That about matches the average 10.5 percent year-over-year loan growth for credit unions nationally.
Notably, members continued to increase their new...
January 25th, 20180195Georgia United Credit Union loves the Dawgs.
This week, the credit union became the Official Credit Union of University of Georgia Athletics. Georgia United has sponsored Georgia's athletics department since 2015. The new 5-year commitment will strengthen Georgia United's presence on campus and at sporting events, allowing it to display signage and feature videos during home football, basketball, baseball and softball games as well as at gymnastic meets.
The deal will also include endorsements from Kirby Smart.
"We are excited for the opportunity to grow our relationship with the University of Georgia by increasing our presence in...
January 25th, 20183103Credit unions stand in a unique position to affect political change despite today’s increasingly bipartisan politics.
That was the message delivered by eight distinguished speakers participating in Georgia Credit Union Affiliates’ 10th Annual State Governmental Affairs Conference – Grassroots Academy in Atlanta on Tuesday. The speakers were empowering a crowd of roughly 70 Georgia credit union representatives to affect the change they wanted to see in state and national politics.
“It’s great that credit unions do great work. It's great that credit unions help people afford life. But if their legislators don't know that then...
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