The National Credit Union Foundation catalyzed change through credit unions and delivered meaningful impact last year, according to its 2021 Impact Report. Highlights include $440,000 in disaster relief distributed through CUAid and $100,000 in grants to increase member service.
The European Council presidency and European Parliament reached a provisional agreement on the Digital Operational Resilience Act that allows for the proportional treatment of credit unions under new regulatory requirements on the security of financial institution network and information system.
The credit union movement’s brightest human resources and organizational development stars were recognized during an awards luncheon ceremony at the CUNA HR & Organizational Development Council Conference, April 24-27, 2022, at the Hilton Lake Buena Vista in Orlando, Florida.
Staff from the NCUA’s Office of Examination and Insurance will focus on the overall capital adequacy framework for all federally insured credit unions, including the final RBC and CCULR rules, during a Feb. 23 hosted by NCUA.
The World Council of Credit Unions continued to successfully advocate before international standard setting bodies on behalf of the global financial cooperative movement in 2021, and details top international advocacy success stories of 2021.
Increased regulatory requirements loom for credit unions as they reach the $10-billion mark in assets. A Jan. 14 webinar for CUNA members, Nearing $10 Billion in Assets: Key CFPB & NCUA CMS Expectations, will help prepare credit unions for what to expect.
A $45,000 grant issued through Worldwide Foundation for Credit Unions’ Project Storm Break program helped six Haitian credit unions get back to serving their members despite an August earthquake that caused major damage to their permanent structures.
The National Credit Union Foundation launched the first-ever national Biz Kid$ Showcase, this week. The Biz Kid$ Showcase will allow creativity to continue in our current virtual world.
Zogo, a gamified financial literacy app, has been selected as the newest CUNA Strategic Services CSS alliance provider. The collaboration will allow credit unions to connect to their next generation of members through a gamified mobile app on their phones.