Social economy

Cable One Awards $100,000 to Local Nonprofit Organizations

Retrieved on: 
Wednesday, June 30, 2021
Articles, Organizations, Nonprofit organization, Social economy

PHOENIX, June 30, 2021 /PRNewswire/ --The Cable One family of brands recently awarded more than $100,000 in grants to 30 nonprofit organizations acrossits 24-state footprint through the company's Charitable Giving Fund , which launched in January 2021.

Key Points: 
  • PHOENIX, June 30, 2021 /PRNewswire/ --The Cable One family of brands recently awarded more than $100,000 in grants to 30 nonprofit organizations acrossits 24-state footprint through the company's Charitable Giving Fund , which launched in January 2021.
  • "We have a goal of reaching as many in need as possible in the communities we serve with our biweekly food distribution.
  • Funds from this grant will assist us over the next 8-12 months in covering expenses related to food acquisition, transportation, distribution and storage."
  • Nonprofit organizations will have the opportunity to apply for a grant during open application periods each spring and fall.

Kinecta Federal Credit Union Announces 2021 Youth Scholarship And Teaching Grant Winners

Retrieved on: 
Monday, June 28, 2021
Community building, Cooperative banking, Credit union, Social economy

MANHATTAN BEACH, Calif., June 28, 2021 /PRNewswire/ --Kinecta Federal Credit Union has announced the winners of its highly anticipated 2021 "Youth Scholarships and Teaching Grants for Growth" program.

Key Points: 
  • MANHATTAN BEACH, Calif., June 28, 2021 /PRNewswire/ --Kinecta Federal Credit Union has announced the winners of its highly anticipated 2021 "Youth Scholarships and Teaching Grants for Growth" program.
  • After receiving 128 scholarship and 30 teaching grant applications, eight students and six teachers were selected to receive $2,000 each.
  • Kinecta Federal Credit Union is the country's 35th largest credit union, with assets of $6.4 billion and 285,000 member-owners.
  • Daily Breeze readers have named Kinecta a top South Bay credit union for the past 10 years, and Kinecta was voted Easy Reader's 2020 "Best of the Beach" Credit Union.

BayPort Credit Union Named One of Forbes' Best-In-State Credit Unions 2021

Retrieved on: 
Monday, June 28, 2021
Community building, Cooperative banking, Credit union, Social economy

NEWPORT NEWS, Va., June 28, 2021 /PRNewswire/ --BayPort Credit Union is pleased to announce it has been named toForbes'annual list of America's Best-In-State Credit Unions.

Key Points: 
  • NEWPORT NEWS, Va., June 28, 2021 /PRNewswire/ --BayPort Credit Union is pleased to announce it has been named toForbes'annual list of America's Best-In-State Credit Unions.
  • BayPort is ranked #2 in this year's listing, one of only five Virginia credit unions making the 2021 list.
  • Up to ten credit unions in each state were awarded the Best-In-State designation.
  • Forbespartnered with market research firm Statista to produce their annual look at the Best Credit Unions In Each State.

Finalytics.ai Report on Digital Experience at Top 50 Credit Unions Points to Critical Challenges Across the Industry

Retrieved on: 
Monday, June 28, 2021
Professional services, Data management, Technology, Finance, Software, Banking, Community building, Cooperative banking, Credit union, Social economy

Finalytics.ai, the creator of the first journey orchestration platform purpose-built for community financial institutions, has published a new report on the digital experience at the top 50 credit unions.

Key Points: 
  • Finalytics.ai, the creator of the first journey orchestration platform purpose-built for community financial institutions, has published a new report on the digital experience at the top 50 credit unions.
  • The report highlights a series of critical challenges credit unions face when it comes to meeting the ever-heightening expectations of their members about digital experiences.
  • According to Craig McLaughlin, CEO of Finalytics.ai, "Every time members engage with their credit unions through digital channels, any gap between their expectations and the digital experience offered is reinforced.
  • The Finalytics.ai report provides a snapshot of key industry trends and a heuristic review and ranking of the user experience at the largest 50 credit unions by asset size in the United States.

Open Lending Signs Agreement with American National Affiliates

Retrieved on: 
Thursday, June 24, 2021
Loans, Credit, Financial technology, Peer-to-peer, Social economy

AUSTIN, Texas, June 24, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (Open Lending and Affiliates or the Company), a leading provider of lending enablement and risk analytics solutions to financial institutions, today announced that the Company has signed a Producer Agreement with American National Lloyds Insurance Company and ANPAC Louisiana Insurance Company, both affiliates of American National Group, Inc. (together, American National), enabling both companies to be additional providers of credit default insurance policies for Open Lendings Lenders Protection Program.

Key Points: 
  • AUSTIN, Texas, June 24, 2021 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (Open Lending and Affiliates or the Company), a leading provider of lending enablement and risk analytics solutions to financial institutions, today announced that the Company has signed a Producer Agreement with American National Lloyds Insurance Company and ANPAC Louisiana Insurance Company, both affiliates of American National Group, Inc. (together, American National), enabling both companies to be additional providers of credit default insurance policies for Open Lendings Lenders Protection Program.
  • We have been impressed by the Open Lending team throughout this process, and we are excited to get started, said Jim Pangburn, Executive Vice President Specialty Markets Sales and Marketing, American National.
  • American National Group, Inc. is the parent company of the American National companies, which include American National Insurance Company and its insurance affiliates (collectively, American National).
  • For corporate and investor relations information, please visit the website of American National at www.AmericanNational.com .

Greater Commercial Lending Extended The Most In PPP Loans Of Any Credit Union Entity In The U.S.

Retrieved on: 
Wednesday, June 23, 2021
Social economy, Financial services, Economy, Community building, Cooperative banking, Credit union, Articles, Systemic risk

That represents the largest PPP sum from any U.S. credit union or credit union subsidiary, according to data published by Credit Union Times.

Key Points: 
  • That represents the largest PPP sum from any U.S. credit union or credit union subsidiary, according to data published by Credit Union Times.
  • "Our core objective at Greater Commercial Lending is to help businesses and organizations in under-served and rural communities and to enhance quality of life.
  • "Throughout the PPP initiative, the partnership between Greater Commercial Lending and its parent company, Greater Nevada Credit Union, demonstrated the true power of passion-driven collaboration.
  • GNCU's subsidiaries include Greater Commercial Lending , Greater Nevada Mortgage , and Greater Nevada Insurance .

NXTsoft and Upstart Partner to Streamline Delivery of AI-Based Lending Platform to Banks and Credit Unions

Retrieved on: 
Wednesday, June 23, 2021
Software, Internet, Finance, Consulting, Banking, Professional services, Technology, Other Technology, Mixed economies, Economic systems, Social economy, Upstart, Credit union, Economy, NXTsoft, Upstart, NXTSOFT, UPSTART

View the full release here: https://www.businesswire.com/news/home/20210623005369/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210623005369/en/
    Quote from David Brasfield, CEO of NXTsoft, on the partnership with Upstart, a leading AI lending platform partnering with banks and credit unions to expand access to affordable credit.
  • NXTsoft is excited to partner with Upstart to streamline and scale their ability to onboard new partners to their smarter, AI-based credit decisioning that facilitates a modern, all-digital lending experience.
  • NXTsoft is the market leader in secure, comprehensive, and complete workflow API connectivity, connecting Fintech companies to banks and credit unions throughout the United States.
  • Upstart (NASDAQ: UPST) is a leading AI lending platform partnering with banks to expand access to affordable credit.

Direct Feedback from Community Shifts Power and Creates Greater Support Systems in Philanthropy, New Study Finds

Retrieved on: 
Wednesday, June 23, 2021
Articles, Design of experiments, Nonprofit organization, Social economy, Experiment, Clinical trial, Sustainable development

By not just relying on purely experimental methods, like randomized controlled trials, nonprofits can build greater equity across their organizations.

Key Points: 
  • By not just relying on purely experimental methods, like randomized controlled trials, nonprofits can build greater equity across their organizations.
  • Overall, the study found that feedback reinforces equity in nonprofits' work and helps to understand and incorporate different perspectives from team members, community partners and families served.
  • This established forum, informed by community feedback, became even more critical when the pandemic hit in 2020.
  • Her work in sustainable development across four continents includes program design and measurement, donor development and communications, and organizational development.

Blue Federal Credit Union Celebrates 70th Anniversary

Retrieved on: 
Monday, June 21, 2021
Community building, Cooperative banking, Credit union, Social economy

Cheyenne, WY, June 21, 2021 (GLOBE NEWSWIRE) -- Blue Federal Credit Union is celebrating 70 years of serving the community and its members.

Key Points: 
  • Cheyenne, WY, June 21, 2021 (GLOBE NEWSWIRE) -- Blue Federal Credit Union is celebrating 70 years of serving the community and its members.
  • Blue Federal Credit Union has always, and continues to look ahead at what is possible, all the while honoring and reflecting on where we have been.
  • At Blue Federal Credit Union, the best is yet to come, Blue Skies are always ahead.
  • For more information about the 70th anniversary of Blue Federal Credit Union as well as how to get involved in the celebrations visitbluefcu.com/70th.

CUbroadcast, Finopotamus Partner to Strengthen Tech Coverage for Credit Unions

Retrieved on: 
Tuesday, June 22, 2021
Mixed economies, Community building, Cooperative banking, Credit union, Social economy

SAN DIEGO, June 22, 2021 /PRNewswire/ -- CUbroadcast, the credit union industry's leading video talk show, and Finopotamus, the only online magazine providing in-depth technology coverage exclusively to credit unions, today announced a partnership created to bolster the amount and quality of technology coverage for credit unions across North America.

Key Points: 
  • SAN DIEGO, June 22, 2021 /PRNewswire/ -- CUbroadcast, the credit union industry's leading video talk show, and Finopotamus, the only online magazine providing in-depth technology coverage exclusively to credit unions, today announced a partnership created to bolster the amount and quality of technology coverage for credit unions across North America.
  • "CUbroadcast is honored to partner with the fine gents from Finopotamus to enhance the coverage of financial technology for credit unions today," said CUbroadcast founder/host Mike Lawson.
  • "A majority of our interviews revolve around technology for credit unions in some form, so it makes sense to partner with some of the best tech content creators in our industry.
  • "Technology coverage for credit unions has dwindled significantly over the past few years.