Andy Janning

The NCUA Inspector General just confirmed that internal fraud drove two credit union liquidations last year. Unilever Federal Credit Union in New Jersey was chartered in 1948. Served 1,448 members during its 77 years. Gone. Aldersgate Federal Credit Union in Marion, Illinois. Chartered in 1962. Served pastors, clergy, and church staff of the United Methodist Church. Went from conservatorship to liquidation in less than two weeks. Gone.

On March 27, an impossible dream became reality—the first fundraising gala of the TriUnity Foundation. Led by LeAnn Case, TriUnity is a new national nonprofit that was launched by Jed Meyer at St. Cloud Financial CU to award cash grants of $2,500 and $10,000 to members suffering financial trauma from cancer and other terminal illnesses. Below are the remarks I had the privilege to share as the event’s keynote speaker. By the end of the evening, we’d raised over $166,000.

Credit Union Spotlight, presented by CUInsight, features credit unions taking action and changing their local communities. Join us as we recognize and celebrate the important work these credit unions do to bring their mission to life. Education has been part of Addition Financial Credit Union’s DNA since its founding by a small group of Orange County educators in 1937.