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How Kaua’i Federal Credit Union’s Rent Relief Program Has Stabilized Local Small Businesses—And Local Culture
The COVID-19 pandemic turned Chef John Paul Gordon’s life upside down. One day, John Paul was an executive chef catering to Kaua’i’s tourists, the next day, he was unemployed. After more than 20 years of being a chef, John Paul felt like COVID-19 stole his identity away from him overnight. Despite wanting to get back
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How Indian Land Capital Company Is Strengthening Tribal Sovereignty, One Loan At A Time
Rjay Brunkow, an enrolled member of the Turtle Mountain Band of Chippewa Indians, has dedicated his career to economic development within Indian Country. Rjay served as an investment banker for Wells Fargo, focusing on government infrastructure, before serving as Solicitor General for the Mille Lacs Band of Ojibwe and chief legal counsel for his own
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Beyond Banking: The Crucial Role of Impact-Driven Banks and Credit Unions in Underserved Communities
Impact-driven banks and credit unions forge a dynamic partnership with under-resourced communities, blending immediate solutions with lasting development. These institutions stand as pillars of community support. Anchored by tailored financial products and programs, spanning affordable housing loans to job creation initiatives, impact-drive banks and credit unions commit to both present concerns and the future prosperity
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Bank on Change: Diversifying Deposits for Financial Stability and Social Impact
In an ever-changing financial landscape, managing assets effectively is a priority for treasury professionals. Balancing risk and reward is crucial, and diversification has become an essential tool for risk mitigation. At the same time, treasurers are increasingly recognized as change agents driving corporate social responsibility. With cutting-edge technology at their fingertips, treasurers can now easily
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Meet DREAM, Where Students Are Family, Families Are Community, And Community Is Front-And-Center
It took a mid-career shift to get James DiCosmo back on the baseball diamond. After nearly five years working on Wall Street during The Great Recession, the former Williams College second baseman found himself wanting “to do more.” James quit his job, took some time off, and traveled; however, it didn’t take long for him
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Change Makers Interview: Mike Schenk
Mike Schenk has more than 35 years of experience in the financial services industry. In 1992, he joined the Credit Union National Association (CUNA), which is the largest and most influential trade association advocating for credit unions in the country. Today, Mike is both CUNA’s Deputy Chief Advocacy Officer for Policy Analysis and CUNA’s Chief
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Why Deposits Are Crucial Right Now
There is a frightening issue for many community-minded financial institutions across the country and the under-resourced communities they serve: a lack of deposits at their local banks and credit unions. Depository institutions like banks and credit unions take in funds—called deposits—from those with money, pool them, and lend them to those who need funds in
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