Knoxville TVA Employees Credit Union Members Collect $120,000 for Hurricane Helene Relief
Knoxville TVA Employees Credit Union organized a cash donation drive to assist local victims of Hurricane Helene in the Appalachian region of East Tennessee and Western North Carolina. A special”Lend-A-Hand” Donation Account was opened on September 27, 2024, through KTVAECU to collect contributions from members. The credit union matched $25,000 of member donations to reach […]
Young Professionals Across the State Shared Why They Love Their Credit Unions
I love my Credit Union because we believe in the motto, “People Helping People.” We foster a culture that puts people first, creating an environment that is member-centric. Sarah T. Unify Financial Credit Union I love my credit union because they treat everyone like family. No issue is too small […]
4 Tennessee Credit Unions Celebrate Milestone Anniversaries
This year, several Tennessee credit unions are celebrating milestone anniversaries. Clinchfield Federal Credit Union: 75 Years Clinchfield Federal Credit Union in Erwin, Tennessee is celebrating 75 years in business this summer. They opened their doors for the first time on July 9, 1947, as a “financial cooperative for Clinchfield Railroad workers.” In its statement of […]
Ascend Federal Credit Union Wins CUNA Diamond Award for Innovative Marketing Campaign
Ascend Federal Credit Union, the largest federal credit union in Middle Tennessee, announced that it has won a coveted Diamond Award from the Credit Union National Association (CUNA) Marketing & Business Development Council. Ascend Accepts Award for Unique Marketing Campaign Ascend won the top award in the “Cutting Edge” category for its innovative “Annual Spotify […]
AACUL Survey Reveals Depth of League System Engagement
A recent American Association of Credit Union Leagues (AACUL) survey reveals the breadth and depth of support Leagues have provided to credit unions in 2021. All Leagues/State Associations—representing all 50 states and the District of Columbia—participated in the survey. “These results demonstrate the collective power of League advocacy and Leagues’ commitment to credit unions and […]
Is Your Credit Union Aware of Elder Financial Exploitation?
Senior citizens are one of the fastest-growing demographic groups across the country. In Tennessee alone, they will account for more than 24% of its population by the year 2030. This is a jump of almost 27% from 2012, according to the U.S. Census bureau. As your credit union’s membership ages, addressing the challenge of elder […]
Brian Trotter of EPB Employees Credit Union Appointed to the CUNA Small Credit Union Committee
The success of smaller credit unions is vital to the future of the credit union movement. The committee will be comprised chiefly of officials from smaller credit unions and will track issues affecting small credit unions. The committee will also promote unity between credit unions of all sizes and strive to defend against any and […]
NCUA Board Member Rodney Hood Visits Tennessee Roundtable
NCUA Board Member Rodney Hood recently joined Tennessee credit unions in Nashville for a roundtable discussion. Thirteen credit unions were represented with more than 30 attendees. Credit unions discussed the current state of overdraft protection, fintech, crypto and digital currency, board modernization, and the CFPB. Board Member Hood focused on financial inclusion as the civil […]
Fortera Credit Union and Life Credit Union Announce Merger Completion
Fortera Credit Union has completed its merger with Life Credit Union, effective April 1, 2022. As a subsidiary of Fortera, Life Credit Union will operate as Life Credit Union, Powered by Fortera. The combined entity will have $766 million in assets and serve more than 73,000 members worldwide. Operational integration among the credit unions is […]
Is Shared Branching Your Credit Union’s Next Branch?
Does your credit union have members in areas your branches do not reach? Do you lose members because someone in the family is transferred to another city or another state and you have no locations there to serve your members at an in-branch location? Do your auditors tell you that you need a way for […]