WASHINGTON, DC – On Tuesday, March 5, 2024, the Defense Credit Union Council (DCUC) hosted the GAC Crashers for lunch at DCUC Headquarters located in the beautiful Army Navy Building. This unique gathering offered the young professionals crashing this year’s GAC the opportunity to connect and network with current industry leaders in an informal setting.
DCUC President/CEO Anthony Hernandez welcomed the crashers by explaining a bit about DCUC and its history with the Crash program. He noted that the leadership of several DCUC member credit unions and other industry partners, such as Plexcity and Filene, were also in attendance. Hernandez recommended the young professionals take time during the casual lunch to ask questions and learn from those who have years of experience in the industry. WASHINGTON, DC – The Defense Credit Union Council (DCUC) concluded its Defense Matters 2024 morning advocacy session on Sunday, March 3, at the Marriott Marquis in Washington, D.C. This year’s forum featured several discussions weighing heavily on advocacy and legislative topics specific to credit unions serving military and veteran communities.
WASHINGTON, DC – The Defense Credit Union Council (DCUC) officially announced the George E. Myers (GEM) Scholarship recipients during its 2024 Defense Matters on March 3, 2024, at the Marriott Marquis in Washington, D.C.
Provided by Military Hearts Matter On Sunday, February 4, our Third Annual Wreath Laying Ceremony at Arlington National Cemetery honored two phenomenal women veterans who are heart survivors. This year’s honorees were Kelsey Danner, a Navy veteran and Tosombra “Tai” Kimes, an Army veteran. Through the generosity of our donors Mr. and Mrs. Travis Carter, Jennifer Hernandez Real Estate, Trish Alegre-Smith Photography, Mr. and Mrs. Todd Mains and the sponsors, Defense Credit Union Council (DCUC), GEICO Military, and Blue Shield Blue Cross FEP Dental and Blue Cross Blue Shield FEP Vision. Following the wreath laying, we celebrated with a reception hosted by Military Hearts Matter at the Military Women's Memorial. Thank you to all those who attended this special event and to our donors that made it possible.
Provided by John McKechnie Last month I looked ahead at 2024 from a regulator’s perspective—what can defense credit unions expect from NCUA and CFPB? This month I am going to lay out (guess) what Capitol Hill is going to do on credit unions, and what that will mean for your credit union.
Relax. This isn’t another article on how close science fiction books and movies got things right 30 or 40 years ago. Although many things have changed for the better or worse (as predicted), we are still living in a world where the future has many possibilities. However, securing a successful future is often only made possible for those willing to act now. Windows of opportunity only exist for a moment—and then they are gone, maybe forever.
Provided by Jack Fallis, DCUC Board of Directors Chair and President, PNW & International Markets, Global CU 2024 holds great promise! Last year, defense credit unions expertly navigated through economic shifts, geopolitical tensions, and cybersecurity threats. DCUC continues to stand firm with our members as we adapt to the changing credit union industry landscape.
Provided by John McKechnie
At the beginning of each year, it’s tempting to do a “predictions” column, where you make a lot of educated (and uneducated) guesses about the next 12 months. And as a DC observer you do this hoping that the reader won’t hold you accountable for your hits and misses next January. Given the merger of the two largest credit union trade associations, and the merger of the two largest credit union payment system providers, the credit union industry as a whole is changing. Whether we like it or not, and whether we can control how things change, one thing for certain is the industry will never be the same. This applies to DCUC, as well.
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.
|