WASHINGTON – In the wake of a highly critical report on its workplace culture, the FDIC’s board has approved the creation of two new, independent offices that will report directly to the board and will handle claims of sexual harassment, discrimination, and other forms of interpersonal misconduct, as well as claims of retaliation.
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EDGEWOOD, Md.–After 45 years of service to the credit union, Don W. Lewis, CEO of APG FCU has retired. Chuck Kelly, who has been serving as interim president, will remain in that role as a search is conducted for a successor, the credit union said on its website.
WASHINGTON—Seven of eight credit union-backed candidates won their primaries in Virginia, Oklahoma, and Georgia last week, ACU reported.
ORLANDO, Fla.–The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) has named its Professional and Young Professional of the Year Awards.
WASHINGTON–The Community Development Financial Institutions Fund (CDFI Fund) has extended the application deadlines for when currently certified community development financial institutions (CDFIs) must reapply for CDFI Certification using the revised version of the CDFI Certification Application.
LANSING, Mich. — With sponsorship from the Michigan Credit Union Foundation, the Michigan Association of United Ways’ ALICE Project will have a new resource, the “Indicators of Well-Being,” which will connect ALICE with a host of other social, health, and economic statistics for use by decision makers, institutions, and many other stakeholders in their work supporting ALICE households.
BROOKLYN, N.Y.–Citing its “excellent financial condition,” Polish & Slavic FCU is reporting it has awarded scholarships totaling $600,000 to a 589 young members through its PSFCU Scholarship Program. Both numbers represent a record in the more than 24-year history of PSFCU's program, which the credit union said underscores its commitment to supporting young talent and future leaders of the Polish-American community.
RALEIGH, N.C.–Coastal Credit Union has entered into a partnership with Ripe for Revival that includes Ripe for Revival’s new Coastal-branded mobile food market.
FREDERICK, Md. -- Nymeo Federal Credit Union will be featured on an upcoming episode of the documentary series "Viewpoint with Dennis Quaid."
BOISE, Idaho—Idaho’s Republican Party is expressing opposition to the creation of a central bank digital currency (CBDC) in the United States, and also calling for the Federal Reserve to be abolished.