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MIAMI LAKES, Fla.--JetStream Federal Credit Union's 30-year member Donavan White has launched a community-driven relief initiative to support individuals still struggling from the aftermath of Hurricane Melissa, which struck Jamaica on Oct. 14, the CU noted.

WASHINGTON--Credit unions are pushing back against proposals that would bar the Federal Reserve from paying interest on deposits held at Reserve Banks, with America’s Credit Unions warning such a move would undermine depository institutions. In a letter sent ahead of a Senate Homeland Security and Government Affairs Committee hearing on oversight of the Fed’s interest on reserve balances (IORB), ACU Senior Vice President of Advocacy Greg Mesack outlined the industry’s opposition.

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Hurricane Relief Flyer

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