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October 14, 2024

Citadel Credit Union Responds to DoJ Settlement and Bolsters Commitment to a Brighter Future for All

This agreement marks a pivotal moment in Citadel\’s journey, embracing the opportunity to reinforce its dedication to community and demonstrate its strong aspiration to ensure access to credit and financial services for every member of the communities it serves. Read statements by DoJ and Chairman Harper. Legal analysis of the settlement from Henry Meier, Esq. […]

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Nearly 1,000 Members Traveled to Greensboro for SECU’s Annual Membership Meeting and Board Election

Highlights also included disaster relief collections for Western North Carolina State Employees’ Credit Union (SECU) held its 2024 Annual Membership Meeting this week at the Koury Convention Center in Greensboro and was pleased to welcome nearly 1,000 members to the in-person event and over 600 viewers to the livestream broadcast. During the meeting, SECU Board

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Unitus Community Credit Union Awarded the John Pembroke “Catalyst for  Change” Award 

Credit Union recognized by Credit Union Executives Society (CUES) for leading the way in  advancing Diversity, Equity, and Inclusion (DEI) within the credit union industry  The Credit Union Executives Society (CUES) awarded Unitus  Community Credit Union its prestigious John Pembroke “Catalyst for Change” Award during a  celebratory luncheon at Unitus Business Center at Tigard today.

Unitus Community Credit Union Awarded the John Pembroke “Catalyst for  Change” Award  Read More »

Kenyan President William Ruto Confirms Support for SACCO Movement in Meeting with Credit Union Leaders

African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) leads large delegation to meeting at Kenya’s State House President William Ruto (bottom far left), with Elissa McCarter LaBorde (top right) and other credit union leaders President William Ruto of Kenya confirmed cooperatives are central to his government’s priorities and that he wants to see the

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Unitus Community Credit Union Celebrates International Credit Union Day with World Foundation for Credit Unions

Early celebration features “Paella for Peace” event and recognition for community partners Unitus Community Credit Union got a jumpstart on celebrating International Credit Union Day with an event honoring the global cooperative movement, recognizing community partners, and engaging with the World Foundation for Credit Unions (WFCU). International Credit Union Day is a celebration of the

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Money under gavel, ship wheel in background

Citadel Federal Credit Union Settles for $6.5 Million with Justice Department Over Redlining Allegations

The Justice Department announced today that Citadel Federal Credit Union has agreed to pay over $6.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in and around Philadelphia. This landmark agreement is the Justice Department’s first redlining settlement with a credit

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