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NEWSROOM

DCUC Urges Congress to Protect Servicemember Pay as Shutdown Impacts Grow, Credit Unions Step Up to Assist Those Impacted

10/10/2025

 
WASHINGTON, D.C. – As the federal government shutdown continues, the Defense Credit Union Council (DCUC) has issued a renewed call to Congress for swift action to protect the financial stability of U.S. servicemembers and their families.

In a letter sent to House and Senate Armed Services Committee leaders, Jason Stverak, DCUC Chief Advocacy Officer, urged lawmakers to include the Pay Our Troops Act of 2026 and the Pay Our Coast Guard Parity Act of 2025 in the final Fiscal Year 2026 National Defense Authorization Act (NDAA).​

“Those who defend our nation deserve financial certainty and should never be used as bargaining chips in a budget standoff,” says Stverak. “Including these provisions in the NDAA will ensure that our servicemembers and their families are never again left in financial limbo because of a government shutdown.”

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Cobalt Credit Union and the SAC Foundation Donates Over $25,000 to Veteran to Keep his House

4/18/2025

 
 ​Papillion, Neb. 4/18/2025-- Cobalt Credit Union and its charitable arm, the SAC Foundation, are proud to stand behind local veteran Ron Hernandez with a $25,000 donation that helped him and his family remain in their longtime home.
 
Hernandez, a U.S. Air Force veteran and founder of the nonprofit Moving Veterans Forward, was recently faced with losing his home while battling stage 4 pancreatic cancer. Despite having helped more than 3,400 fellow veterans find housing through his organization, Hernandez found himself in urgent need—facing a $47,000 deadline to purchase the house he and his wife have called home for decades.

​When we heard his story, we knew we had to act.

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ACU Foundation Donates $15,000 to JBLM Children’s Museum

3/31/2025

 
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Tacoma, WA – March 28, 2025 America’s Credit Union is proud to announce a donation of $15,000 to the JBLM Children’s Museum. This contribution will support military families by providing free access to the museum, ensuring that children and their families can enjoy educational and enriching experiences without financial barriers.
​

The Children’s Museum operates under a “Pay As You Will” model, which allows any child to make use of the facility regardless of the ability to pay. The donation will allow the museum to underwrite those who may not otherwise be able to pay. Young military families are often at the lower end of the income scale and face challenges such as frequent relocations and deployments. The museum provides a space for them to connect, strengthen relationships, and build a sense of community.


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Global Credit Union Honors Alaska’s Military

3/25/2025

 
Alaska Military honorees and members of Global’s executive staff at the 30th Annual Alaska Military Appreciation Breakfast.
Anchorage, AK – Global Credit Union hosted its 30th Annual Alaska Military Appreciation Breakfast on February 14, 2025, to honor the Alaska Armed Services YMCA’s 13 Service Members of the Year recipients and the Military Spouse of the Year.

Service members from all active-duty branches, as well as the Guard and Reserves, were nominated by their supervisors. Each nominee was then interviewed by a panel for recognition and awards based on their outstanding achievements.


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Veteran Entrepreneurs Launch MyHome App to Help Homeowners Solve the Complexities of Maintaining Most Valuable Asset

8/16/2024

 
All-in-one home maintenance solution provides screened, dependable, quality vendors in the greater Nashville region.
TYSONS, Va., August 16, 2024 – MyHome, a veteran-owned all-in-one home maintenance solution company, today announced the launch of its app to help homeowners solve the complexities of maintaining their most valuable asset – their home. Services are available in the greater Nashville region.

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PenAir Credit Union Launches "Old Glory" Program to Honor Retired American Flags

8/15/2024

 
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​Pensacola, Florida (August 15, 2024) – PenAir Credit Union (PenAir) is proud to announce the launch of its "Old Glory" flag retirement program, a new initiative dedicated to the respectful retirement of old, worn, or tattered American flags. Community members are encouraged to bring their retired flags to any PenAir branch to ensure flags are retired with the honor they deserve.

​"Our American flag holds profound significance as a symbol of our nation's heritage,” said Lee Morgan, President and CEO of PenAir. “With the Old Glory Box program, we aim to preserve the respect and honor these symbols deserve. We invite the community to join us in this meaningful endeavor and help uphold the values of respect, dignity, and patriotism." 


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Eglin Federal Credit Union Partners With Okaloosa County School District to Bring Financial Literacy to High Schools

4/9/2024

 
​ort Walton Beach, Fla. (April 9, 2024) - Eglin Federal Credit Union and the Okaloosa County School District teamed up to bring financial literacy to high school students. Approximately 60 high school students from the 9th to 12th grades participated in lessons facilitated by Eglin Federal Credit Union’s VP Membership and Community Development, Neko Stubblefield, at Crestview High School April 9. The personal financial literacy course covers a wide range of topics, from opening a checking or savings account to planning for retirement.
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PenAir Credit Union Named Diamond Awards Winner

4/5/2024

 
PenAir recognized as a Diamond Winner and Category’s Best Diamond Winner
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among record submissions in the annual marketing competition
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Global CU and First Financial Northwest, Inc. Announce Agreement for Global CU to Acquire First Financial Northwest Bank

1/11/2024

 
Anchorage, AL, and Renton, WA - Global CU (“Global”) and First Financial Northwest, Inc. (“First Financial Northwest”) (NASDAQ GS: FFNW) announced today they have entered into a definitive agreement in which Global will acquire Renton, Washington-based First Financial Northwest Bank, a wholly-owned subsidiary of First Financial Northwest. The transaction is structured as a purchase and assumption agreement with Global purchasing substantially all assets and assuming substantially all liabilities of First Financial Northwest Bank for the all-cash consideration of $231.2 million, subject to certain adjustments.

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Frontwave Foundation Donates $5,000 to the Women's Resource Center of North County

1/11/2024

 
Oceanside, CA – The Frontwave Foundation announced today that it has donated $5,000 to Women’s Resource Center (WRC), a non-profit organization that offers comprehensive services to victims of domestic violence and sexual assault in North San Diego County. The donation is a testament to Frontwave Foundation’s vision to empower and improve the lives of the community. Domestic violence is a pervasive and devastating problem that affects millions of people worldwide. According to the World Health Organization, one in three women globally have experienced physical and/or sexual violence in their lifetime.

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