Romero was recognized in mid-October, while Lower Valley Credit Union took home honorable mention during the recent National Federation Conference. Rivermark Community CU supported the next generation of business leaders.
Low-income credit unions that become certified as Community Development Credit Unions find added opportunities to reach underserved members.
The U.S. Treasury grant supports CDFI investment and revitalization activity, with Trailhead taking special focus on bringing more affordable credit to micro-businesses and consumers in inner-Portland.
The fund will provide grants to non-profit organizations that support small businesses with ready access to capital and other resources to succeed, resulting in improved economic vitality in the local community.
Comments sought as part of a review of NCUA’s Call Report and Credit Union Profile efforts. Also, NCUA to reduce outstanding Stabilization Fund borrowings by sending $700 million to Treasury.
In its third open meeting of the year, the National Credit Union Administration Board approved a more flexible bank notes rule and announced a $302 million net position gain in the Stabilization Fund.
Washington State Legislature called into special session.
Through the NWCUA’s Grassroots Grant Fund and the Crash the GAC program from CUNA and The Cooperative Trust, Northwest credit union advocates have two ways to get their GAC experience funded.
NCUA Chair Matz will call for a January vote to publish the methodologies for calculating the OTR and operating fee in the Federal Register, opening them for comment.
At its monthly Board meeting, the administration also approved a final rule on capital planning and stress testing, said future Stabilization Fund assessments were unlikely, and revised its 2015 budget down by $1.3 million.
The credit unions of Oregon and Washington launched the Wenatchee Wildfire Relief Fund to support victims of the ongoing fires east of the Cascades.
The NCUA has $2 million to give to low-income credit unions looking to launch new products, grow capacity, develop a digital presence, or invest in cyber-security infrastructure. Applications are being accepted through June 30.
Advantis kicks off $50k GROW Community Fund; Red Canoe business development officer wins mentor of the year.
Five-video series will help credit unions get certified; Can you follow Robert’s Rules for board meetings?; Plus this week’s legal briefs.
Careful management and improving economy have driven assessment projections into the negative, says Matz.
Marketer Derek Gillette imagines ‘Credit Union on Purpose,’ a credit union for Millennials, and shows how their core values attract and serve new members.
The NCUA says no 2014 premium, approves joint rule amending flood insurance and correction to corporate rule.
Grants are awarded up to $2 million for serving low-income communities. Deadline is November 24. Free webinar on October 22.