January 26th, 201856175
The U.S. economy’s strong third quarter helped launch Georgia credit unions toward a fourth-straight year of double-digit loan growth.
Unemployment rates in the United States fell to a nearly 17-year low in the third quarter and consumer spending remained strong. That showed in the loan portfolios of Georgia credit unions.
By the end of September, lending increased by 10.7 percent on a year-over-year basis, according to data collected by the Credit Union National Association. That about matches the average 10.5 percent year-over-year loan growth for credit unions nationally.
Notably, members continued to increase their new...
January 25th, 20180161Georgia United Credit Union loves the Dawgs.
This week, the credit union became the Official Credit Union of University of Georgia Athletics. Georgia United has sponsored Georgia's athletics department since 2015. The new 5-year commitment will strengthen Georgia United's presence on campus and at sporting events, allowing it to display signage and feature videos during home football, basketball, baseball and softball games as well as at gymnastic meets.
The deal will also include endorsements from Kirby Smart.
"We are excited for the opportunity to grow our relationship with the University of Georgia by increasing our presence in...
January 25th, 2018388Credit unions stand in a unique position to affect political change despite today’s increasingly bipartisan politics.
That was the message delivered by eight distinguished speakers participating in Georgia Credit Union Affiliates’ 10th Annual State Governmental Affairs Conference – Grassroots Academy in Atlanta on Tuesday. The speakers were empowering a crowd of roughly 70 Georgia credit union representatives to affect the change they wanted to see in state and national politics.
“It’s great that credit unions do great work. It's great that credit unions help people afford life. But if their legislators don't know that then...
January 22nd, 20180100Georgia United's Kimberly Schoates has received the opportunity to attend the Credit Union National Association's Governmental Affairs Conference in a special way.
Schoates, who works as director of e-payments at Georgia United, has been selected by CUNA and The Cooperative Trust to participate in Crash the GAC 2018. Crash the GAC is a career-enhancement program for young credit union professionals that allows them to experience the conference in a dynamic way, complete with networking opportunities and mentoring sessions with industry leaders. She'll be one of 78 young professionals to receive a complimentary registration fee to attend...
January 22nd, 20180126The only credit union on Fort Benning — Kinetic Credit Union — is poised to help members who might be affected by the government shutdown.
The federal government shut down at midnight Friday into Saturday when the Republican and Democratic parties failed to pass a bill that would fund government spending. Kinetic CU President and CEO Janet Davis said her employees realized that could hurt members employed by the United States government, including military service men and women.
>>Related: Kinetic Credit Union Names New CEO<<
"We understand the great importance that our active duty and civilian members have in...
January 8th, 201861205A credit-union owned league from Haiti became the latest member of the World Council of Credit Unions as 2017 drew to a close.
WOCCU's board of directors unanimously approved the membership application for the Association des Caisses Populaires Haitiennes, a 100-percent credit union-owned organization in Haiti that offers advocacy, governance, IT support, education and training to its affiliates, according to a WOCCU press release.
ANACAPH has 49 credit union affiliates with 763,000 members and total assets of $96 million. Credit unions in Haiti are supervised by the Central Bank of Haiti.
"We are pleased to welcome ANACAPH to...
January 8th, 201832124A longtime Robins Financial Credit Union employee will now take the reigns at the credit union's Forsyth Branch.
Indian Cumpton has been promoted to manager of the branch after working with Robins Financial for 18 years, according to a Robins Financial press release.
When she's not serving the community at Robins Financial, Crumpton reportedly enjoys spending time with her family, playing with her dogs and volunteering at All About Animal Rescue.
...
December 21st, 20170111Georgia United Credit Union collected a record 1,978 gifts for foster children during its annual Wish Tree Program this year.
The Wish Tree Program is one of Georgia United's longest-running community service projects and one of its most successful. The program has donated a total of 23,081 gifts to multiple county Division of Family and Children Services offices and local charities during its tenure.
The credit union hosted its 27th Wish Tree Program to collect new toys and clothes for foster children through the local Division of Family and Children Services and similar organizations from Nov. 15 through Dec. 15. Individuals,...
December 21st, 20170119
The tax reform bill expected to pass through the House and Senate this week won't touch the credit union tax status, according to a Credit Union National Association article.
>> Related: Tax bill expected to pass through House, Senate this week<<
"Credit unions said loudly and repeatedly throughout this process that any change to the credit union tax status amounts to a direct tax increase on 110 million Americans, and that message was heard loud and clear," said CUNA President and CEO Jim Nussle. "With tax reform out of the way, CUNA will increase its advocacy to turn the attention on much needed regulatory relief...
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