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Carolina Trust Federal Credit Union

Charlotte Metro Federal Credit Union 2012 Super Bowl Commercial

Whatever happen to banks being the mainstay on main street? A pillar in the community? A bastion of trust and integrity? Since 1962 Charlotte ...

Scuttlebiz: MOX appears dead, but not buried

Controls appropriations. That little check-and-balance hasn’t changed despite eight years of near-unilateral governance under the previous administration.

If you keep up with what goes on at SRS —and you should, considering it’s Augusta-Aiken’s second-largest employer —then you’ve heard Trump’s budget slashes MOX construction funding from about $340 million a year to $270 million. It also directs the contractor, CB&I Areva MOX Services , to scrap the entire project and pursue an allegedly less expensive plutonium disposition method called “downblending.”

If that sounds like a continuation of the previous administration’s misguided strategy to kill the 600,000-square-foot Department of Energy/National Nuclear Security Administration project, that’s because it is.

Apparently, the White House has fallen for the fallacy perpetuated by mid- to upper-level Obama administration holdovers at DOE/NNSA, who say the plant — designed to convert weapons-grade plutonium into usable nuclear power plant fuel — is a hopeless boondoggle.

45 CU professionals become certified CU Development Educators (CUDEs)

MADISON, WI (May 10, 2017) — Forty-five credit union professionals became Credit Union Development Educators (CUDEs) after being guided by dedicated program facilitators and mentors through the intensive Credit Union Development Education (DE) Training from the National Credit Union Foundation (the Foundation). The DE training was held April 26 – May 3, 2017 at the Lowell Center in Madison, Wis.

After attending the April DE Training, Kim Cromer, Director of Prepaid Services at CU24 Inc in Tallahassee, Fla., said, “DE Training didn’t just give me information on credit union philosophy and principles, it provided me with experiences that will last a lifetime! DE Training had a powerful impact that fueled an even a bigger fire in me to make a difference. DE training gives us purpose and now I’m an advocate of the credit union movement forever.”

Team Projects

DE Training provides critical lessons in cooperative principles, credit union philosophy and international development issues while incorporating challenges credit unions face today. During the recent week-long program, participants were involved in group exercises, field trips, discussions with speakers from around the credit union system, and are required to complete team projects proposing solutions for credit unions to help alleviate or eliminate challenging situations in any given area. For this training’s final case studies, participants worked through and presented solutions to critical issues that included financial stability among young adults and families,credit union board development, building microfinance programs in developing countries, credit union solutions to predatory lending, the increasing issue of homelessness in America, and rejuvenating a stagnant credit union.