Positive news about Indiana CUs


In this issue
March 28, 2016
In the Media
 March 20-28, 2016
This collection of positive news about credit unions and their activities is assembled from a variety of sources on the Internet and from credit union submissions. Note: links used here are external and the League does not control their expiration dates.
 
To share news from your Indiana credit union: send story links to Kay Neidlinger. You can also read more about credit union's community service efforts--and contribute information at the Commitment to Change website.
Indiana Credit Unions in the Media
Source: Credit union submissions and Internet news reports. Some stories may require passwords for access.
Daily Journal - 3/26/2016
Business briefs
Two credit unions are featured in this column: 
Financial Center First CU - information about the credit union's recent Desjardins Adult Financial Education Award.
Indiana Members CU - made a donation to Roncalli athletics as part of its school spirit debit card program.
Elkhart Truth - by Ryan Jeltema 3/25/2016
Associated Federal Credit Union branch in Elkhart to close after merger
Associated FCU's members recently voted to merge with INOVA FCU effective May 21.That day will be the final day of operations at the Associated FCU branch.
Information about this merger also appeared in Credit Union Journal. 
CU Insight - 3/25/2016
Teachers Credit Union board member, Thea Kelly, receives the 2016 Madame C.J. Walker Award
The credit union announces the selection of one of its board members for this prestigious award.
WTTV CBS4 - by Marianne Lyles and Tim Doty 3/23/2016
Understanding credit scores
FORUM CU's Andy Mattingly appears on the Indianapolis CBS station's "4 Your Money" segment.
The Flyer Group - 3/23/2016
IHS sponsors National History Day
Teachers CU is a supporting sponsor.
Kokomo Herald - 3/21/2016
Judges announced for North Central Indiana Regional Spelling Bee March 22
Haynes Community FCU is a sponsor.
News Tribune by Jenna Esarey - 3/20/2016
Annual ONE awards honors leading businesses in Clark, Floyd counties
Centra CU was named Business of the Year for compaines with 51 or more employees. Interim President Chris Bottorff comments in the story and is pictured in the photo gallery.
National and Wide-Reaching Coverage
Source: Credit Union National Association and other national sources. Some stories may require passwords for access.
Daily Worth - by Liz Pelly 3/21/2016
This article begs the questions -- should you break up with your big bank? The anwser is YES!  Credit unions offer the same type of financial services but with lower fees and rates. They exist to serve their members by putting money back into the community.
SNL - by Kevin Dobbs 3/21/2016
CUNA unites with the Independent Community Bankers of America (ICBA) to fight off Financial Accounting Standards Board's (FASB) proposed Current Expected Credit Loss model. The proposed rule would require lenders to recognize all potential loan losses at origination. CUNA and ICBA urge the FASB to "provide small banks and credit unions - a key change as well as a modification to the new rule."
Save the Dates! 
The League's 2016 Managers Conference is scheduled for May 23-26 in downtown Indianapolis. Stay tuned for more details and registration links.

Indiana Credit Union League | 5975 Castle Creek Parkway North Drive | Suite #300 | Indianapolis | IN | 46250