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PLYMOUTH, Mich.–Community Financial Credit Union said it distributed nearly $800,000 in donations to 289 organizations across Michigan during 2022. That included$80,000 toward tornado relief for the city of Gaylord, $45,000 in grants to 12 area public school districts, $60,000 to local food pantries via “Thankful Thursdays,” and $40,000 toward its Warming Hearts and Homes initiative, the credit union reported.

ANNAPOLIS, Md.—A bill in the Maryland legislature would create a new $2.5-million venture capital fund for financial technology firms with the goal of increasing access to banking services in low-income neighborhoods—as well as make it less expensive for FIs to establish branches.

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