May ALERT 2024

ALERT

CEO UPDATE

DCUC on the World Stage

The importance of sharing and appreciating values in other countries

Items Moving Through Congress

The May calendar is filling up as Congress and regulators work on their “to do” list.

One More

Provided by Ron Aoki, DCUC Board Treasurer, president/CEO, Schofield FCU (HI) VIEW FROM THE BOARD

DCUC 2024

Annual Conference

August 12 – 16, 2024

The Vinoy Resort & Golf Club St. Petersburg, Florida

DCUC is the trusted resource for credit unions on all military and veteran matters.

DCUC Latest Accomplishments

• DCUC successfully concluded its 2024 Overseas Sub-Council Conference, co-hosted with Service CU, in Warsaw, Poland! See CEO Update for more information and photos from the event!

• DCUC continued to emphasize the importance of the Veteran Member Business Loan exemption

• Released DCUC’s Official Home Buying Guide: Download a free copy of this newest publication today!

• DCUC and AFFN hosted Inspire Up’s Military Spouse Appreciation Day event at the DCUC offices. This event brought 47 Military Spouses of the Year together to network and celebrate their successes.

• DCUC met with offices of Senator Elizabeth Warren (D-MA), Senator Kevin Cramer (R-ND), and Congressman Steven Horsford (D-NV); discussed several Congressional initiatives in the 2025 NDAA, military and veteran issues, and how defense credit unions are making a difference.

DCUC Happening Now

• Continuing to lobby against passage of Credit Card Competition Act (CCCA) in all “must pass legislation” in both houses of Congress

• Actively engaging with elected officials and regulators on rules and regula tions that impact all credit unions: Overseas Military Banking Program, 32 CFR Part 230.4 “One Bank & One Credit Union”

• Military Banking Program Improvement Act of 2024: DCUC continues to meet with members of Congress; proposed legislation is gaining support and being well-received

• DCUC has been busy engaging with its membership; responding to proposed legislation that would open up the Federal Credit Union Act (FCUA): proposed legislation would only benefit one credit union while potentially inviting attacks from bank lobbyists, questions to credit union taxation.

DCUC Upcoming Activities

• DCUC will lead a free educational webinar on DCUC Advocacy, cohosted by CUInsight, May 29, 2024: Stay tuned for more information!

• Register today for DCUC’s 2024 Annual Conference: August 12 –16 at the Vinoy Resort & Golf Club in Saint Petersburg, Florida: reserve your room early before they sell out!

• DCUC’s Mid-West Sub-Council Conference will be held from October 8–10, 2024, in Davenport, Iowa.

• DCUC Call for Resolutions: Submit a written resolution to DCUC prior to May 30, 2024, to be acted on by the Resolutions Committee and included with the Call of the Annual Meeting, which is issued 60 days before the DCUC Annual Meeting.

• Proposed resolutions should be emailed to DCUC VP, Beth Merlo, at bmerlo@dcuc.org

• DCUC will host its 2nd Quarter Military Advocacy Committee (MAC) meeting, led by DCUC Chief Advocacy Officer (CAO), Jason Stverak, on June 13, 2024, at 2:30 PM EST. Learn more about DCUC’s advocacy by visiting www.dcuc.org/advocacy

• DCUC Active Member Credit Unions can join the DCUC MAC by contacting nrogers@dcuc.org

SERVING THOSE WHO SERVE OUR COUNTRY

CEO UPDATE

DCUC on the World Stage

Provided by Anthony Hernandez, DCUC President/CEO

Earlier this month, several member credit unions gathered in Warsaw, Poland for DCUC’s Overseas Sub-council Conference. The conference, co-sponsored by Service Federal Credit Union, was a huge success, even with the prior uncertainty about traveling so close to the conflict in Ukraine.

To be honest, Warsaw exceeded all expectations. The city was not only cleaner and more efficient (traffic-wise), but also felt safer than most cities in the U.S. Plus, Warsaw had a vibe fueled by a deep sense of history, national pride, and a sense of hope and vision for the future. The overriding theme of the week was diplomacy. Not just international diplomacy, but what each attendee can take back to their community after spending the week in Poland.

Our conference opened with keynotes from both the U.S. Ambassador to Poland, The Honorable Mark Brzezinski, and General Philip Breedlove (USAF, Ret), the former Supreme Allied Commander for Europe, NATO. Both speakers are accomplished experts in developing and maintaining U.S. National Interests in Europe and beyond. Each did a fantastic job explaining what our Nation's objectives are for ensuring a long-term partnership with Poland and securing peace in the region.

In addition to these excellent presentations from the stage, the group enjoyed several opportunities to explore the city, cuisine, and museums that offered a deep appreciation of Poland’s history and culture. However, what I treasured most was witnessing the growth of

camaraderie among the different credit union leaders attending our conference. In my opinion, this is what makes the DCUC experience exceptional. Stronger ties within our industry mean a stronger, more cohesive industry as a whole.

Anthony Hernandez, President and CEO, DCUC

The week culminated with a group tour of Poland’s Presidential Palace and the entire group meeting with President Andrzej Duda. President Duda delivered prepared remarks about Poland and the need for continued cooperation in terms of military, humanitarian (Ukraine), and economic areas. Privately, President Duda told me he was very happy DCUC held its Overseas Sub-council in Warsaw and that he hopes we will return to Poland and see the rest of his beautiful country.

A smaller group was invited to attend the official ceremony marking Poland’s Constitution Day. This involved a national address by President Duda and a military parade in the historic square outside the Royal Castle in old Warsaw. We were honored to sit with diplomats from around the world. Afterward, we were invited back to the Presidential Palace for a garden reception with the First Lady of Poland, several Polish celebrities, and President Duda.

DCUC was beyond honored by President Duda’s remarks about meeting with our council and member credit unions. The official office website of the President of the Republic of Poland released the following statement:

“Polish–American relations have been very friendly and close for many years. We are proven strategic partners. I am convinced that meetings like today’s contribute to the strengthening of relations between our countries,’ Andrzej Duda stressed. The President thanked all the representatives of America’s credit unions for coming. He spoke highly of the work of the Defense Credit Union Council, which brings together more than 180 credit unions serving 37 million members.” (The official website of the President of the Republic of Poland, May 2, 2024, “Meeting with representatives of America’s Credit Unions,” retrieved May 13, 2024, from https://www.president.pl/news/meeting-with-representatives-of-americas-credit-unions,85185).

Overall, it was an honor to represent America’s defense credit unions at a time of great importance. My takeaway is that we are all ambassadors for both our individual credit unions and the communities we serve; but even more, and as we saw in Poland, we are ambassadors for our great Nation.

Whether we are overseas, back in our hometowns, or at an industry event in another state, it is always important to share our values and learn/appreciate similar values in other countries and locations. Our overseas conference was a perfect example of how our cooperative principles can be shared and seen on the world stage. n

CAPITAL CORNER

Items Moving Through Congress

Provided by John McKechnie, III

Congress and regulators are moving forward with a list of items on the “to-do” list as the calendar turned to May. It’s accepted wisdom that not much will be done after July in an election year…but we’ll see.

One of the talking points against the retailer-backed Credit Card Competition Act—that airline rewards points would be jeopardized by diminished credit card fees—was the focus of a CFPB forum May 9.

The event, also involving Transportation Secretary Pete Buttigieg, probed airline and credit card rewards programs and featured panelists from Apple Federal Credit Union, and several labor and consumer groups. Federal officials said they were aiming to gain insight about whether more action is needed to control prices.

This session shows the merchants and their congressional allies desperately trying to create momentum around the stalled effort to impose price controls on the credit card market.

Cannabis banking legislation, a DCUC priority, may have gotten an unexpected path to passage thanks to an unrelated bill regarding the Federal Aviation Administration in early May. House Financial Services Committee leaders Patrick McHenry (R-NC) and Maxine Waters (D-CA) have worked with Senate leaders to insert the SAFER Banking Act into the FAA bill. SAFER will allow credit unions and other federally insured institutions to accept pot business funds. More contentious aspects of the issue, such as full

legalization of marijuana, were to be set aside in order to facilitate passage in the Republican-controlled House.

Although the attempt to add financial services language to the aviation bill ultimately failed, there are still possibilities later in the year that other DCUC priorities can be added to another must-pass bill, including:

• Credit union board modernization, which reduces the required number of board meetings from 12 to 6 annually.

• Central Liquidity Facility reform, which facilitates the disbursement of NCUA liquidity by enabling corporate credit unions to serve as agents.

According to Hill sources, NCUA is increasing the decibel level in its call for third party credit union vendor exam authority in legislation prior to Congressional adjournment in December. So that’s another issue on the “watch list.”

DCUC will be actively advocating for credit union priorities in future legislation.

DCUC was “firstest with the mostest” promoting credit union interests in rumored privacy legislation. After obtaining an advance copy of the bill from congressional sponsors in late April, DCUC flagged the need for consumer privacy to be enhanced by improved data security.

The day after a DCUC letter went to House and Senate committees, House Financial Services Committee Chairman Patrick McHenry pointed to the need for a financial services angle: “The Financial Services Committee is going to insist on our

jurisdiction being respected. There’s an opportunity to link our efforts to update financial data privacy, with greater protections on con-sumer data protection….I think that would create a greater balance.”

Another strong stand by DCUC was prompted by the coming CFPB regulation on credit card late fees. DCUC called for a repeal of the rule in a letter to the House Financial Services Committee before that panel voted to revoke the CFPB rule. The DCUC letter cited increased costs on consumers to offset lost

late fee revenue, as well as weakened financial responsibility among servicemembers, as reasons to repeal the regulation.

The Congressional Review Act is the vessel for repeal. It allows Congress to rescind any federal regulation within 60 days of its posting. Both chambers of Congress must pass a “joint resolution of disapproval” and have it signed by the President. While the House is expected to pass the CRA resolution, the Senate probably will not. And if such a resolution reaches President Biden’s desk, he will almost certainly veto it.

The CFPB late-fee regulation, which is also under federal court challenge in Texas and DC, stands to go into effect May 14. n

VIEW FROM THE BOARD

One More

Provided by Ron Aoki, DCUC Board Treasurer, president/CEO, Schofield FCU (HI)

Irecently watched the movie “Hacksaw Ridge” for the first time.

I know, where have I been? It was only released some 8 years ago. When watching the movie, I was amazed at the determination of Desmond Doss as he repeatedly stated “One more. Help me get one more.” To see how physically draining it can be to carry soldier after soldier to safety was truly inspiring! It made me reflect on the challenges we all encounter as credit unions. While it doesn’t compare to carrying a soldier across a battlefield, the idea of pressing on when faced with challenges and hurdles is still something credit unions and their staff can resonate with. Every credit union I talk to seems to be going through some sort of challenge, whether its personnel changes and/or the ability to find qualified applicants, liquidity issues, and even the battle to keep our credit unions relevant in times of constant technological and regulatory change.

Our minds may want to say, “No more.” But still, we push through because we know there is tremendous satisfaction as the result of our dedication to serving our members; the work we do is more important than what we sometimes realize. We’ve seen numerous times that we can accomplish so much more together

than we can individually. I love witnessing credit unions working together and helping each other toward our shared goal of serving our members. Within our industry lies opportunities where we can celebrate the successes of our fellow credit unions while also mutually benefitting from our collaborative efforts. This could be from joint loan participations, shared branching, and bridging resources through CUSO’s that seek to fill in the gaps in services that so many credit unions need.

On the regulatory front, having a resource like DCUC to advocate on credit unions’ behalf helps us do our jobs better in serving our members. As you may have already heard, DCUC is stepping up its game in advocacy. DCUC recognized an increased need to address the many issues to continue protecting the rights and access to financial services for our military and veteran communities. “One more” voice is a good thing especially when it comes to ensuring that alternative perspectives are being heard.

When we keep our focus on who we serve, it’s easier to say, “One more.” For all of us, having a heart to serve more regardless of challenges will always make a difference as each and every member is important to our overall success. n

AmeriCU CU Named One of the Best Companies to Work for in New York for Eighth Year

Provided by AmeriCU CU

AmeriCU CU has been named one of the Best Companies to Work for in New York State for the eighth year. This recognition underscores the credit union’s commitment to fostering a positive work environment and cultivating a culture of excellence.

From left to right: Alina Shuman, Sr. Talent Acquisition Specialist, Matt Abele, Security & Fraud Analyst II, Carlton Hill, AVP of Digital Payment Strategy & Experience, Tiffany Abele, AVP of Talent Solutions, David Ocasio Ross, AVP of Mortgage Sales, Nicole Messore, AVP of Consumer Lending, Mike Smith, VP of Financial Center Services, Karen LaPlante, Chief Talent Officer. Photo provided by AmeriCU CU.

AmeriCU CU invests in its workforce with a comprehensive approach to employee development and wellbeing. This past year the credit union established a leadership program and launched the first-ever Aspiring Manager Program to develop future leaders—reflecting the credit union’s dedication to cultivating leadership skills among its team. Encouraging an environment where teammates can thrive personally and professionally. Prioritizing its team’s well-being, AmeriCU teammates are encouraged to volunteer in the community for a cause they are enthusiastic about with their Personal Day of Meaning. They also have access to an enhanced Employee Assistance Program (EAP).

“We are excited to be recognized as one of the Best Companies to Work for in New York,” said Karen LaPlante, Chief Talent Officer for AmeriCU CU. “We are committed to continually enhancing our workplace environment and fostering our Mission Vision People (MVP) One Team culture of collaboration and ongoing talent development.” n

Cobalt CU Named Diamond Awards Recipient Amid Record-breaking Competition

Provided by Cobalt CU

Cobalt CU was among 168 credit unions nationwide named as winners of prestigious Diamond Awards—the Marketing & Business Development Council’s annual marketing excellence competition. Cobalt CU received the following recognition:

• Video Commercial—Single or Series, Hey You, Cobalt CU Marketing Team

• Annual Reports—Cobalt CU, 2023 Report, Cobalt CU Marketing Team

“I am immensely proud of our team’s achievements in winning not one, but two Diamond Awards from the Marketing & Business Development Council,” said Cobalt CU President/CEO, Robin Larsen. “Being recognized among 168 credit unions nationwide is a testament to the creativity, dedication, and innovation of our marketing team. These awards, for our ‘Hey You’ video commercial and our 2023 Annual Report, highlight our commitment to excellence in engaging our members and showcasing our brand. We are honored to be acknowledged for our efforts and remain steadfast in our mission to serve our community with distinction.” n

Andrews Recognizes Top Contributors at Annual Awards Gala

Provided by Andrews FCU

Andrews FCU recognized high-performing teams and contributors during its annual stateside awards gala. Credit union leaders, volunteers, and employees recognized outstanding employee efforts and successful projects that contributed to the credit union’s success during 2023.

According to credit union leaders, the gala is a celebration of the credit union’s commitment to hard work and creating a sustainable future for its members. “Our credit union team works diligently throughout the year, striving to innovate, serve, and provide resources for our members,” said Damita Robinson, COO for Andrews FCU. “During our annual gala, we recognize the dedication and hard work of our team members and acknowledge the impact of their commitment to living out our Andrews Federal mission.”

The full list of award winners includes:

Chairman’s Award: Rachel Durastanti, Digital Banking; Troy Sampson, Information Technology; Sasha Harding, Retail; President’s Award: Anthony Donfor, Information Technology; Kristal Travis, Human Resources; Ashley Profitt, Marketing;

Executive Unsung Hero Award: John Roby, Facilities; Haidet Berhane, Information Technology; Exceptional Military Service Award: Kali Fleischman, Joint Base McGuire-Dix-Lakehurst branch; Sherri Buck-Sanders, Joint Base Andrews branch; Community Excellence Award: Dayonna Welch, Community Development; Member Experience Award: Michael Reza, Sales & Service; Chae Debnam, Consumer Lending; Innovator Award: Michael Garcia, Training; Brandon Varndell, Information Technology; MVP Fraudbuster Award: Bria Floyd-Touchstone, Support Services; Kathelene Waybright, Member Engagement; Key Contributor Award: Kyle-Anne Eaton, Human Resources; Danielle Morales, Real Estate Lending; Adrianna Auch, Digital Banking; Pias Zaman, Information Technology; Javier Lemus, Facilities; Andrews Choice Award: Sasha Harding, Denise Jaczko, Linda Vigil

Top performing branch honors were given to the Henson Ridge branch, Allentown branch, and Joint Base McGuire branch. Team Impact Awards were also given to the Project Management Task Force and the McGuire Air Show Project Team. Debt Management Solutions and Marketing received Departmental Impact Awards. n

SAFE President/CEO, Michael Baker, Named Businessperson of the Year

Provided by SAFE FCU

SAFE FCU’s President/CEO, Michael Baker was honored as the Philip L. Edwards Businessperson of the Year by The Greater Sumter Chamber of Commerce.

The award was presented at the Chamber’s Annual Gala held to honor Sumter’s top professionals who demonstrate excellence in their respective fields.

Baker was recognized among his peers for his leadership at SAFE FCU and his service to the Sumter community. Under his leadership, SAFE initiatives in 2024 grew to include no-cost financial education for 46 high schools, support for personnel at Shaw Air Force Base, community shred events, charity drives, scholarship programs, and first responder appreciation events.

“On behalf of SAFE Federal Credit Union and its Board of Directors, we are so proud to see Michael Baker recognized as Businessperson of the Year,” said Board Chair, Dr. Kay Oldhouser Davis. “This award is a testament to the positive impact his service has made not just for SAFE members, but for families and individuals in Sumter and beyond.”

“I’m deeply grateful to accept this award on behalf of my colleagues including the dedicated board members and staff at SAFE Federal Credit Union,” said Baker. “My success is greatly due to their unwavering trust and the support of our exceptional membership.” n

AWARDS & RECOGNITION

AmeriCU CU Wins National Award

Provided by AmeriCU CU

AmeriCU CU has won a Diamond Award by America’s Credit Unions Marketing & Business Development Council for co-hosting the Tunnel to Towers 9/11 NEVER FORGET Mobile Exhibit. The annual Diamond Awards recognize outstanding achievements in the credit union industry. The awards were announced at the annual Marketing & Business Development Council Conference recognition dinner on Tuesday evening, March 19, 2024, at Caesars Palace Las Vegas.

The US Army and AmeriCU teamed up to bring the Tunnel to Towers 9/11 NEVER FORGET Mobile Exhibit to Griffiss Technology Park in Rome, New York. The mobile exhibit was open to the public for three days in April 2023. This was the first time that the exhibit visited Central New York. The exhibit featured artifacts from the World Trade Center and guided tours from New York City Firefighters who responded to Ground Zero on September 11th.

“AmeriCU was honored to receive this recognition from the council. We have been serving the armed forces and their families for over 70 years, so this event is very dear to us and resonates with our miliary heritage,” said Ron Belle, AmeriCU president/CEO. “Through sharing a part of our history, we were able to strengthen connections within our community.” n

Dover FCU Named Best in Kent County

Provided by Dover FCU

Dover FCU (DFCU) proudly accepted the “Best in Kent County” business award at the DSBC 2024 Annual Awards ceremony, held on April 11th at the White Clay Creek Country Club in Wilmington, DE. The event, hosted by the Delaware Small Business Chamber (DSBC), celebrated excellence and inno-vation within Delaware’s small business community.

With an extensive list of businesses to choose from, simply being nominated for ‘Best in Kent County’ award is seen as an honor. Chosen from a competitive field of industry leaders, Dover Federal’s commitment to exceptional service, community engagement, and financial empowerment stood out amongst the nominees. The award highlights DFCU’s dedication to its members and the small business community in Kent County.

“We are thrilled and honored to be recognized as the ‘Best in Kent County’ by the DSBC,” stated Janell Upton, DFCU president/CEO. “Our mission has always been to serve our members with integrity, compassion, and a genuine desire to make a positive impact. This award validates our team’s hard work and reinforces our commitment to excellence.” n

From left to right: DFCU Community Relations Officer Susan Yocum and Casey Fitzgerald of DSBC. Photo provided by Dover FCU.

Gwen Woullard Receives

Eglin FCU’s

5-Star Employee Award of the 1st Quarter

Provided by Eglin FCU

Eglin FCU is pleased to announce Mary Esther Teller

Gwen Woullard has been selected as the 5-Star Performer of the 1st Quarter of 2024. Gwen has been employed with the Credit Union since January 2015.

The 5-Star Performer Award is a quarterly employee recognition program. The nominator provides a written submission describing how the employee embraces EFCU’s Five-Star Values: Respectful, Trustworthy, Dedicated, Proactive, and Engaged.

Gwen was nominated for exhibiting EFCU’s values on a daily basis. She enjoys assisting members, and they look for her when they come into the branch. Gwen is a leader on the teller line. She is very patient and is known for sharing her knowledge with new teammates. She has also volunteered for EFCU community events such as Shred Day and United Way Day of Caring.

“I love my job at the Credit Union,” said Gwen at her celebration. “It’s a good feeling to enjoy going into work every day. Our team feels like a family to me, and I go home each evening feeling very gratified. I love my job, and I love doing whatever I can to help our members.”

Branch Manager Ryan Fingall commented, “Gwen is a pleasure to work with. She is very warm and welcoming to our members, often greeting them by name. She is attentive and tuned in to members’ needs, and they have grown very fond of her.” n

PenAir CU Named Diamond Awards Winner

Provided by PenAir CU

PenAir CU was among 168 credit unions nationwide named as winners of the prestigious Diamond Awards—the Marketing & Business Development Council’s annual marketing excellence competition. PenAir received the following recognition:

• Point of Sale Display & Retail Merchandising—Diamond Winner

• Video Non-Commercial (Single)—Category’s Best and Diamond Winner

“We’re very proud of the work we do at PenAir helping to improve the financial well-being of our members and giving back to the communities we serve,” shares Lee Morgan, president/CEO at PenAir. “I’m pleased that the work our marketing team has done to shine a light on our efforts has been recognized with these prestigious, national industry awards which validate our mission. We could not be more excited for the momentum we have right now.” n

CREDIT UNION PEOPLE IN THE NEWS

BILOXI, MI—Keesler FCU has named Susan Song as the organization’s chief marketing officer (CMO). Susan will oversee the credit union’s communication, marketing, community development, corporate events, and corporate sponsorship efforts.

EL PASO, TX—GECU is pleased to announce the promotion of Fernando Ortega to the credit union’s EVP and CIO position. “Fernando brings with him an abundance of knowledge and experience to his new role. He and his team have been crucial to providing our members with a seamless experience with first-class technology. I’m delighted that he will continue to lead our credit union in this constantly evolving digital age,” said Crystal Long, GECU president/CEO.

PAPILLION, NE—Cobalt CU is delighted to announce the promotion of Erin Maloney to the position of VP of Culture Development. Maloney will develop policies and coordinate human resources activities.

Cobalt CU proudly announces the promotion of Allison Malone to the role of Chief Human Resources Officer (CHRO). In this role, Malone will oversee the strategic direction of the Human Resources department.

ROME, NY—AmeriCU CU proudly announces the election of its President/CEO, Ron Belle, to the CenterState CEO Board of Directors. Belle will bring invaluable expertise and insight to the Board of Directors, driving positive change in Central New York. Belle will serve a three-year term, providing guidance and insight toward CenterState CEO’s strategic goals and objectives.

“I am honored to have the opportunity to represent AmeriCU on the CenterState CEO Board of Directors,” said Ron Belle, President/CEO of AmeriCU. “I look forward to collaborating with fellow community members to address the challenges and opportunities facing our community.” n

Eglin FCU President/CEO Jerry Williams cuts the ribbon at the grand opening of the new Pace Branch.

FORT WALTON BEACH, FL—Eglin FCU held a ribbon-cutting ceremony at its new Pace Branch located at 4413 US-90. This is EFCU’s third location in Santa Rosa County with the Navarre Branch opening nearly 17 years in August 2007. As part of the Credit Union’s growth and expansion efforts, La Macchia Group is the design/build firm for the new Pace Branch. The Freeport Branch is opening soon, and the Operations Center is expected to be completed this summer.

The NCUA recently approved expanding EFCU’s field of membership to include anyone who lives, works (or regularly conducts business in), worships or attends school, and businesses and other legal entities in specific geographic locations within Santa Rosa County, Escambia County, Florida as well as Escambia County, Alabama.

Eglin FCU President/CEO Jerry Williams said, “There are approximately 15,000 members in Santa Rosa County, and we are looking forward to extending the benefits of membership to our new neighbors near our new Pace Branch. We chose this convenient location to provide easy access to affordable products and services as well as financial wellness resources that add value to this community.”

TYSONS, VA—Willing Warriors, a charitable organization providing cost-free retreat stays and programs that positively impact wounded, ill, and injured service members, veterans, and their families will host a ribbon-cutting ceremony on May 18 to celebrate the opening of the PenFed Grand Lodge.

The lodge will allow Willing Warriors to serve over 600 additional warriors annually. In addition to providing respite for wounded warriors and families, the 6-bedroom, 2,000-square-foot multi-purpose space PenFed Grand Lodge will impact warrior groups by delivering programs for post-traumatic stress counseling, job training, entrepreneurial training, and education in science, technology, engineering, and mathematics.

“Willing Warriors has long valued its partnership with PenFed Credit Union and the PenFed Foundation, as well as our community partners,” said President and Co-founder of Willing Warriors, Shirley Dominick. “Their support, whether through donations, sponsorships, or volunteering, has been instrumental in our journey. It demonstrates a deep commitment to caring for warriors and their family members. We are bringing life-changing stays and impactful programs to our military heroes, and we couldn’t have done it without your support. Thank you for standing with us!"

“We are proud to continue our support of Willing Warriors as they provide a home away from home for wounded and ill warriors and their families,” said PenFed Foundation President Andrea McCarren. “The fight does not end on the battlefield for our wounded warriors. The PenFed Grand Lodge will host hundreds of warriors and their families so they can renew their spirits and gain access to critically needed group programs.” n

Photo provided by Eglin FCU.

Andrews FCU Teams with Local Fraternity Omega Psi Phi to Support Literacy Through Community Book Drive

Provided by Andrews FCU

The Andrews Federal team at the Mount Laurel branch recently hosted a book drive in conjunction with local fraternity Omega Psi Phi (Gamma Nu Nu chapter). The credit union team regularly partners with the fraternity, which includes members from the Joint Base McGuire-Dix-Lakehurst community, to support community events. For this book drive, the credit union and community partners worked together to raise awareness for childhood literacy. During the book drive, 336 books were collected. The books collected from the book drive will be distributed to students in the community.

According to credit union leadership, literacy and education are foundational to the credit union’s community support. “At Andrews Federal, we consider education a critical factor in long-term success,” said Damita Robinson, COO Officer for Andrews FCU. “Whether we are encouraging literacy with a book drive, creating a library for a local school or providing college scholarships, we consistently seek opportunities to advance education and provide opportunities for growth to children and young people in our local community.”

PenFed CU Celebrates Release of First Employee-Designed Fiesta Medal

Proceeds will benefit the PenFed Foundation for Military Heroes

Provided by PenFed CU

PenFed CU is proud to join San Antonio’s Fiesta celebration with the release of its firstever Fiesta medal. All proceeds from the medal will help support our nation’s heroes through the PenFed Foundation. To give back and celebrate Fiesta with PenFed, simply go to one of PenFed’s three San Antonio financial centers and donate $10 to the PenFed Foundation. In return, you’ll get your very own Fiesta medal, while supplies last.

The PenFed Foundation, a national 501(c)3 founded by PenFed CU, was created in 2001 and, since then, has provided more than $50 million in financial support to veterans, activeduty service members, and military families.

This year’s PenFed Fiesta medal was designed by PenFed teammate Juan Chagoya through a companywide contest launched in November last year.

Eglin FCU Participates in United Way Emerald Coast’s 30th Day of Caring

Provided by Eglin FCU

Eglin FCU proudly supported the United Way Emerald Coast’s 30th Annual Day of Caring during National Volunteer Week April 21-27. Twelve Eglin FCU employees participated by cleaning and landscaping a foster home at Children in Crisis in Fort Walton Beach. Twenty-seven soldiers from the 7th Special Forces Group (Airborne) partnered with the Credit Union to paint the Crestview Manor Assisted Living facility on Thursday, April 25.

“Eglin Federal Credit Union has a long tradition of supporting our annual Day of Caring and this year was no different!” said United Way Emerald Coast’s President/CEO Kelly Jasen. “We’re so grateful for their willingness to roll up their sleeves to make a difference in our community.”

Eglin FCU has sponsored and participated in this event for over 19 years, and employees have painted, cleaned, organized, gardened, and more to help fill the needs of our community.

“Once again, I am extremely proud of Eglin Federal Credit Union employees for volunteering and showing support to our local communities,” said President/CEO Jerry Williams. “I’d also like to thank the soldiers who showed up in full force. Only nine people were requested and 27 volunteered. We are grateful for their partnership and look forward to supporting United Way’s Day of Caring every year.”

South Carolina Federal Announces 2024 Scholarship Winners

Provided by South Carolina FCU

South Carolina FCU is proud to announce the winners of its 14th annual scholarship program. The credit union will award $45,000 to nine students attending a traditional or technical college in South Carolina for the fall 2024 semester.

The winners of this year’s scholarship program are Rachel Joel (University of South Carolina), Jennifer Boone (Wofford College), Macie Thomas (Charleston Southern University), Muskaan Makkar (University of South Carolina), Harmonie Frederick (University of South Carolina), Piper Barth (Clemson University), Phoebe Johnson (Midlands Technical College), Mariapaula Revilla (Trident Technical College) and Lauren Breiden (Tri-County Technical College)

The applicants were evaluated by three panels of judges who reviewed each student's academic achievement, community involvement, letter of recommendation, and financial need. The applicants were also asked to submit an essay about how their education will enable them to give back to their community and improve the lives of South Carolinians.

”Our 2024 scholarship winners have truly impressed us with their passion, drive, and commitment to excellence,” said Scott Woods, President and CEO of South Carolina Federal. “We are honored to support each student on their educational journey and look forward to witnessing their future successes.”

Eglin FCU employees participated by cleaning and landscaping a foster home at Children in Crisis in Fort Walton Beach. Photo provided by Eglin FCU.

Andrews Federal Provides Financial Support for Fathers Through Resource Center Event

Provided by Andrews FCU

The Andrews FCU team recently participated in a Resource Clinic hosted by the FatherCenter of New Jersey. This event was specifically designed to provide men with the tools and resources needed to help them meet the responsibilities of fatherhood. Credit union team members shared financial education resources with the clinic participants, helping to educate the attendees on money management. They also provided information on free and low-cost account options available to reduce costs and lower barriers to financial access.

ABNB FCU Awards $3,000 to the Albemarle Hopeline

Provided by ABNB FCU

ABNB FCU recently donated $3,000 to Albemarle Hopeline. The donation was part of ABNB’s grand opening celebration at its new Elizabeth City branch located at 3855 Conlon Way in Elizabeth City. The credit union's Regional Branch Manager, Brandon Spruill, officially presented this funding award to support the vital work of this organization in the Elizabeth City community.

“ABNB Federal Credit Union has a long history of charitable giving and community involvement since the credit union’s founding in 1960. We provide significant monetary and volunteer support to non-profit organizations in the communities we serve each year, and we’re very pleased to provide much-needed funding to Albemarle Hopeline who does great work in the northeastern North Carolina region,” stated Charles A. Mallon Jr., President/CEO of ABNB.

“Albemarle Hopeline provides comprehensive, direct, and preventive services to victims of family violence, sexual assault, and teen dating violence in the counties of Pasquotank, Camden, Chowan, Currituck, Perquimans, and Gates,” stated Executive Director, Courtney Cottrell. “ABNB’s generous contribution will help victims of domestic violence and sexual assault through education, intervention, support, and transitional assistance until the dream comes true,” concluded Cottrell.

The PenFed Foundation Partners with Onward Ops to Empower Veterans Transitioning to Civilian World

Provided by the PenFed Foundation

Program is offered at no cost to service members up to a year before they depart the military. The PenFed Foundation, a national 501(c)3 founded by PenFed CU, announces a life-changing partnership with Onward Ops that is empowering veterans making the challenging transition from military service to the civilian world. The program is offered at no cost to service members up to a year before they depart the military and provides the option to choose a self-guided transition with personalized resources and tools or a sponsor-guided transition with personalized, hands-on support from experienced sponsors.

“The PenFed Foundation is so proud to partner with Onward Ops to empower transitioning veterans. We both believe in the potential of veterans as community leaders,” said PenFed Foundation President Andrea McCarren. “They have an extraordinary work ethic, unparalleled resilience, and an array of skills that can benefit communities across the country."”

The program enrolls more than 1,200 transitioning service members and their families monthly with enrollment expected to double this year.

As the program grows, Onward Ops needs everyday community members like you to volunteer as a mentor. Mentors come from diverse backgrounds, similar to the transitioning service members they assist. For just a few hours a month, you can make a big difference in a transitioning service member’s success by offering your support and being there for them every step of the way. Learn more about being a mentor here.

“Veterans bring tremendous skills and experiences with them from their military service,” said Onward Ops Executive Director Brigadier General US Army (Ret.) Mike Eastman. “We are so grateful for this partnership with the PenFed Foundation. Together, we are connecting local mentors with our newest veterans and engaging the entire community in helping them succeed.”

Onward Ops provides support to active-duty service members as they navigate their way back into civilian life. They connect new veterans with trained sponsors from their destination community, focusing on the 12 months between leaving the military and reintegrating into civilian life. They offer the tools to achieve their goals and a supportive sponsor to guide them through the process. Learn more at www.onwardops.org.

PenFed Foundation President Andrea McCarren and Onward Ops Executive Director Brigadier General US Army (Ret.) Mike Eastman are interviewed during a satellite media tour promoting the partnership. Photo provided by PenFed CU.

Eglin FCU Partners with Okaloosa County School District to Bring Financial Literacy to High Schools

Provided by Eglin FCU

Eglin FCU and the Okaloosa County School District teamed up to bring financial literacy to high school students. The personal financial literacy course covers a wide range of topics, from opening a checking or savings account to planning for retirement.

“Eglin Federal Credit Union is committed to the communities we serve by providing free financial education,” said Stubblefield. “By offering this course in local high schools, we aim to empower young people to develop healthy financial habits that will serve them throughout their lives.”

Approximately 60 high school students from the 9th to 12th grades participated in financial literacy lessons facilitated by Eglin Federal Credit Union’s VP Membership and Community Development, Neko Stubblefield, at Crestview High School April 9. Photo provided by Eglin FCU.

Superintendent Marcus Chambers emphasized the Okaloosa County School District’s commitment to enriching students’ education, equipping them with essential life skills, including financial literacy, to enable them to succeed in life. He said, “The school district is grateful for the support of Eglin Federal Credit Union in facilitating financial education sessions to supplement the course curriculum, which will help students develop sound financial habits and achieve economic prosperity.”

Governor Ron DeSantis signed Senate Bill 1054, the Dorothy L. Hukill Financial Literacy Act, on March 22, 2022. This act makes it mandatory for high school students to complete a financial literacy course to qualify for a standard high school diploma. The requirement applies to students who enrolled in high school in the 2023-2024 school year.

Global CU Foundation Gives More Than $42,000 to Local Nonprofits

Provided

by Global CU

The Global CU Foundation donated $42,400 to community nonprofits in Alaska and Arizona. The February donations were part of the foundation’s 2024 quarterly distribution of funds in support of its mission to aid organizations that benefit children, veterans, and local food banks and pantries.

“Thanks to the generosity of our members, the foundation is able to give back to the community by supporting some incredibly impactful organizations,” said Noël Gabler, Executive Director, Global CU Foundation. “By developing long-lasting partnerships like these, we’re able to help more people than we otherwise would.”

Recipients of funds include $12,400 to Girl Scouts of Alaska, $5,000 to NAMI (National Alliance on Mental Illness), $5,000 to Educare Arizona, $15,000 to American Red Cross, $5,000 to Southwest Human Development.