CU Exec Testifies Before Congress, Shares Experiences With PPP Loan Forgiveness 09/02/2021 09:09 pm WASHINGTON—Leslie Payne, AVP of commercial lending at Affinity Credit Union, testified this week on behalf of NAFCU to discuss the experience of credit unions under the Paycheck Protection Program (PPP) loan forgiveness process.
Granite CU’s Lynn Kuehne to Retire; Successor Named 09/02/2021 08:14 pm MILLCREEK, Utah–Lynn R. Kuehne, president and CEO of Granite Credit Union here, has announced plans to retire effective Oct. 1, 2021. The credit union has named Mark L. Young as Kuehne’s successor.
SBA Says 2 New Programs Should Ease PPP Loan Forgiveness 09/02/2021 09:09 pm WASHINGTON—Two recently launched programs by the Small Business Administration (SBA) should ease the Paycheck Protection Program (PPP) forgiveness process, CUNA stated in a letter to the House Small Business Committee.
Credit Union West Raises Minimum Wage to $20 An Hour 09/02/2021 08:14 pm GLENDALE, Ariz.–Credit Union West announced it is raising its minimum hourly wage to $20 per hour.
Is There a Housing Bubble? CUNA Economist Weighs In 09/02/2021 09:09 pm WASHINGTON–Is the housing market in a bubble? It’s a question being posed to many economists, and now CUNA’s chief economist has also weighed in.
Firefighters’ Group Launches Relief Fund to Help New Orleans CU Damaged by Hurricane 09/02/2021 08:14 pm NEW ORLEANS–The National Council of Firefighter Credit Unions said it has established an Ida Disaster Relief Fund primarily to help New Orleans Firemen’s FCU, which it said has been “severely affected” by the hurricane.
Express CU Reports Strong Growth After Expanding to Serve 2 Communities 09/07/2021 07:54 pm SEATTLE–Express Credit Union is reporting strong growth after moving to serve several underserved segments in its community: immigrants and Hispanics.
Diamond CU’s John Faust Announces Retirement Plans 09/07/2021 07:55 pm POTTSTOWN, Penn.–John Faust, president/CEO of Diamond Credit Union, has announced plans to retire in May of 2022. The credit union said it has launched a search for a successor.
Tin Mill Employees’ Members Vote to Make Another CU Their First Choice; In Illinois, it Takes a Village to Merge 09/07/2021 07:55 pm WEIRTON, W.V.–Credit unions in West Virginia and Illinois have announced mergers in two separate deals.
New NY Governor Nominates Harris to Lead State’s DFI 09/07/2021 07:55 pm ALBANY, N.Y.—Among her first moves as the new governor of New York, Kathy Hochul has nominated Adrienne Harris to lead the New York State Department of Financial Services as its next superintendent.
