January 5th, 2024840Tallahassee, Fla. – In partnership with area hospitals, First Commerce Credit Union (FCCU) spearheaded its 4th annual #FlamingoChallenge in October, which reached a new record of more than $150,000 to benefit breast cancer patients. The fundraiser was conducted during Breast Cancer Awareness Month in partnership with the Tallahassee Memorial HealthCare Foundation in Tallahassee, Fla., the Archbold Medical Center Foundation in Thomasville, Ga., and the South Georgia Medical Center Foundation in Valdosta, Ga.
“It is truly an honor to again partner with local hospitals to help transform the communities we serve,” said Cecilia Homison,...
January 3rd, 202411102COLUMBUS, Ohio — Corporate One Federal Credit Union, a trusted investment, funding, and payment solutions partner serving America’s credit unions, announced it concluded the year by returning a total of $13.6 million to members in 2023. This figure encompasses the distribution of our highest-ever special dividend to all perpetual contributed capital (PCC) owners in the fourth quarter and our first fee holiday for members utilizing Corporate One’s payment and cash solutions.
"It gives me great pleasure to provide additional benefits to the credit unions we serve through our highest-ever PCC dividend and our first-ever fee holiday,”...
January 2nd, 202412129MIAMI, FL- (January, 2023) - The Southernmost Chapter, part of the League of Southeastern Credit Unions, is proud to announce that it achieved a record-breaking year of charitable giving, having raised an impressive $87,000.
Among the highlights of the Southernmost Chapter's endeavors in 2023 are two major fundraising events that collectively raised an outstanding $87,000 for charitable causes, the highest amount ever raised in a single year by the organization.
In April, they hosted the "Charity Concert Under the Stars," an event that brought the community together while raising money to support the Children's Miracle Network and...
January 2nd, 20247176Daleville, AL – January 2, 2024 – All In Credit Union (“All In”), headquartered in Daleville, AL, announced today that it has entered into a Purchase and Assumption agreement to acquire five branch locations of Louisville, AL-based 22nd State Bank. The branches are located in Brewton, Clayton, Eufaula, Geneva and Louisville, AL (the “Branches”). Upon consummation of the transaction 22nd State Bank will relocate its charter to Mobile, AL and will continue to operate as an independent community bank through its two locations in greater Mobile.
Pursuant to the terms of the Purchase and Assumption Agreement, All In has agreed to...
January 2nd, 2024843Alabama Credit Union, a leading financial institution in Alabama, is proud to announce the outcome of a comprehensive volunteering initiative aimed at fostering a culture of social responsibility and community engagement.
As a company deeply committed to making a positive impact beyond our branches, Alabama Credit Union is taking meaningful strides to contribute to the well-being of the communities in which it operates by providing each employee with 15 hours of paid time off to use at an organization of their choice. This volunteering initiative reflects the company's dedication to philanthropy and its understanding of the broader role...
January 2nd, 2024873North Augusta, SC – “Good Things Are Happening at SRP” as we share our Board of Directors has once again approved a Loyalty Dividend be paid out across our membership. The additional dividend was designed to reward SRP members and to recognize the financial strength of the Credit Union. In 2022, SRP’s Board also paid a Loyalty Dividend totaling over $1.5 million dollars. It is especially exciting the amount has doubled this year to over $3 million.
“With the increases in the costs of living in 2023, it is gratifying to know that SRP bolsters our membership with the financial strength they can rely on,” says Eric Jenkins, CEO,...
December 27th, 20231456Washington, D.C., December 19, 2023 – The National Auto Loan Network (NALN) and CUCollaborate have entered a strategic partnership to connect credit unions with more individuals in underserved areas and populations. By leveraging CUCollaborate’s Application Programming Interfaces, NALN can now identify and memberize consumer applicants, assisting credit unions in attaining and retaining their Low-Income Designation and CDFI Certification (CDFI).
“Through this strategic partnership with CUCollaborate, we embark on a mission to empower credit unions in attaining and retaining their low-income designation and CDFI Certification....
December 26th, 20232232Atlanta, Ga. (Dec. 21, 2023) – On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.
The event recognized nonprofit organizations throughout metro Atlanta and each organization was invited to speak and share donor impact stories with the credit union’s approximately 340 employees. Nonprofits that received donations from the LGE Foundation included Calvary Children’s Home, CASA of Paulding County, The Drake House, McKenna Farms Therapy Services, MUST Ministries, Next Step Ministries, SafePath Children’s...
December 21st, 20232433COLUMBUS, Ohio — Corporate One Federal Credit Union, an industry leader in immediate payments, announced today that it connected 18 credit unions to the RTP® network in 2023 via its Third-Party Service Provider (TPSP) solution. The corporate is extending the solution to connect to the FedNow® Service within the first quarter of 2024 to provide a unified connection solution for credit unions to both immediate payment rails.
“Establishing a connection between credit unions and the RTP network and the FedNow Service is a fundamental part of our vision for credit unions to embrace immediate payments, and the interest we’ve seen in the...
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