News & Notes
CUAid Update: Over $260k raised for CU people affected by Hurricane Sandy. Since activating its online disaster relief system CUAid.coop on October 31, the National Credit Union Foundation (NCUF) has already raised over $260,000 from the credit union community to assist credit union people along the East Coast affected by Hurricane Sandy. Credit union supporters in every state can now make donations at www.cuaid.coop. CUAid is the only program of its kind that enables credit union employees, volunteers, and members, as well as credit unions and credit union organizations across the U.S., to contribute directly to support other credit union people. As donations are posted through CUAid.coop, NCUF is coordinating with the New Jersey Credit Union League and the Credit Union Association of New York to distribute money efficiently to affected credit union employees and members. 100% of the donations through CUAid goes to credit union disaster relief. In the event that all donations are not used for Hurricane Sandy relief, NCUF will transfer any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts. Organizations and individuals can use a variety of CUAid web buttons for their website. Please click here for easily linkable buttons, including ones specific to the current Hurricane Sandy campaign. Click here for a direct link to the donation form.
Electro Savings CU recognized as Business Leader of the Year. Stan Moeckli, CEO & President of Electro Savings Credit Union accepted an award for Not-For-Profit Business Leader of the Year on behalf of Electro Savings from Scott Palermo, Board member of the Maryland Heights Chamber of Commerce. The Chamber held its annual Business Leaders of the Year Awards Ceremony on November 28. The Chamber recognized Electro Savings’ outstanding contribution to local businesses and residents for hosting numerous free personal and business financial education seminars, contributing time and money to charitable organizations and its staff’s participation in many civic events that promote the city as a great place to live, work and own a business.
First Financial CU offers new loan feature in mobile app. First Financial Credit Union recently enhanced it’s mobile application. Members can now apply for a loan through the app, and they are able to veiw and sign their documents using only their mobile device. To kick-off this new offering, FFCU created a one-day Black Monday Loan Sale, in conjunction with members’ day-after-Thanksgiving shopping. Members who applied through the app received a loan for $500 at 6.99% for 9 months, with no credit check. The offering was available on Monday only, and over 60 members applied for the promotional loan through the app. FFCU partnered with CU Mobile Apps to offer the mobile application, and DocuSign for electronic document viewing and signing. Since the inception of the app in February, multiple enhancements to the app have been made, including the ATM Locator that uses the device’s GPS and map program to show members where the closest surcharge-free ATM is located. FFCU will continue to enhance member offerings by implementing remote deposit capture through the app in the next 60 days.
North Side Community FCU finishes out 2012 seminars. On Tuesday, December 11 and Saturday, December 15, North Side Community FCU will be holding "First Time Homebuyer's Orientation" meetings. Also for those age 55 and up, a "Senior Expense Reduction Series" will be held on Saturday, December 15 and Wednesday, December 19. This series will offer an opportunity for seniors to learn practical, real life ways to save on common household expenses and how to save, even on a fixed income.
Shell Community FCU wins 1st place in parade. The annual Wood River Halloween Parade was on Saturday, October 27th and more than 20 floats participated. The theme of Shell Community Federal Credit Union’s float was "It’s the Great Pumpkin Charlie Brown." The employees dressed as their favorite Charlie Brown character with large paper mache heads and coordinating clothing. The float was well received by the parade attendees and judges. Shell Community Federal Credit Union was awarded 1st place.
SIU CU earns StormReady Supporter designation. SIU Credit Union has earned the StormReady Supporter designation from the National Weather Service (NWS), increasing safety for members and employees. The National Weather Service’s StormReady Supporter designation program is for businesses, schools, and other non-governmental entities who have established severe weather safety plans and actively take part and promote severe weather safety awareness activities. Nationally, there are more than 2,000 StormReady businesses and communities. In order to be eligible, a business must fill out an application for such designation and physically show they have plans for safety in place at their current business, which meet the requirements of the bylaws of the local NWS StormReady Advisory Board. Americans live in the most severe weather-prone country on Earth. Each year, Americans cope with an average of 100,000 thunderstorms, 10,000 of which are severe; 5,000 floods; 1,000 tornadoes; and an average of 2 landfalling deadly hurricanes. And this on top of winter storms, intense summer heat, high winds, wild fires and other deadly weather impacts. Potentially deadly weather can affect every person in the country. That's why NOAA's National Weather Service developed the StormReady program. To learn more about the StormReady program go to: http://www.stormready.noaa.gov
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