Provided by Frank Padak, 2nd Vice Chair, DCUC Board of Director and President/CEO, Scott CU
With all of the changes occurring in our industry this year (Co-Op & PSCU Merger, CUNA & NAFCU Merger) I thought it might be fun to reflect back on my time as a DCUC Board Member and the changes I have had the privilege of being a part of.
Provided by John McKechnie
December can mean wrapping up a year’s business and looking ahead to the turning of a fresh calendar page. Not so in Washington, as a pile of unfinished business on both Capitol Hill and at the federal agencies means that 2024 is likely to start out looking a lot like 2023 when it comes to defense credit union issues.
As 2023 comes to a close, this year also concludes an incredible milestone for DCUC. Sixty years ago, DCUC founders recognized an important voice was missing from within the credit union industry. Credit unions both stateside and abroad wanted to serve, or better serve, our armed forces, veterans, and their families. Yet, the industry lacked a leading association that not only understood the unique opportunities and challenges that accompany military life, but one that could speak military. It was clear to our founders that credit unions needed a strong voice to help elevate their story, mission, and success in serving these important communities.
Both the House and Senate have passed the 2024 National Defense Authorization Act (NDAA) and it is on its way to the President’s Desk.
We are happy to report there was no troublesome language regarding the credit card competition act or anything that would open up the Federal Credit Union Act to last-minute modifications.
SUITLAND, Md. – Andrews Federal Credit Union recently sponsored the Prince George’s Proud Veterans Appreciation Luncheon. The luncheon was organized by the Prince George’s County Government. Col. Todd Randolph, the Joint Base Andrews Commander, served as the keynote speaker. Andrews Federal provided monetary support for the event, as well as providing commemorative items for the veterans in attendance. Members of the Andrews Federal executive leadership team were also in attendance at the event.
PORTSMOUTH, NH (December 4, 2023) – Service CU is proud to continue its own holiday traditions, giving back to New Hampshire communities one effort at a time.
Now in its 4th year, Service CU has distributed a total of 21,000 bags through its Stay Warm initiative. Through this effort, credit union volunteers pack bags that include a hat, glove, scarf, and blanket to be distributed to nonprofit partners across the state. This year, volunteers packed 6,000 bags that were given to 35 NH nonprofits to be distributed to their communities. The organizations include homeless shelters, food pantries, children’s programs and schools.