RANCHO CUCAMONGA, Calif.—In honor of Giving Tuesday next week, CO-OP Financial Services said it will provide CUAid with a $100 donation for every credit union employee to register for THINK 19 through Nov.27, 2018.
Fresh Today
ARLINGTON, Va.—After two months of decline, retail sales rose 0.8% in October. Sales from August and September were revised downward to 0.1% declines.
WASHINGTON–The Federal Financial Institutions Examination Council–of which NCUA is a member–said it will host a webinar on Dec. 6, 2018, to promote awareness and understanding of efforts to develop alternative reference rates to LIBOR, due to the uncertainty as to continued availability of LIBOR after 2021.
CHICAGO–Credit Union 1 and the University of Illinois at Chicago have reached a deal to give the credit union naming rights to the UIC Pavillion, a 9,500-seat, multi-purpose facility that is home to UIC’s men’s and women’s basketball teams. The $9.3-million agreement is for 15 years and will result in the name being changed to the Credit Union 1 arena.
ALEXANDRIA, Va.–A conference that will “talk about what nobody else talks about” is now just around the corner.
LOS ANGELES–Firefighters First CU is seeking donations to its Fire Family Foundation to provide assistance to the thousands of firefighters battling the ongoing wildfires in California.
BAKERSFIELD, Calif.–Kern Federal Credit Union is changing its name. Effective Feb. 1, 2019, it will be Strata Credit Union.
MARLBOROUGH, Mass.–The Cooperative Credit Union Association said it has retained a new search firm as it launches a new search for a CEO.
ENTERPRISE, Ala.–A former loan officer at IAM Community Federal Credit Union has been given a 30-month sentence for theft from a financial institution.
DUBLIN, Ireland–While credit unions in the U.S. celebrate not only not making any more corporate stabilization payments and even receiving a refund, credit unions in Ireland aren’t so fortunate. The country’s credit union regulator has announced Irish CUs will have to pay a fifth stabilization levy in 2019, according to Minister for Finance Paschal Donohue.