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 Vol. 01 Issue 3 | July 13, 2021

Enjoy Michigan and Remember to Breathe

Our summer is well under way here in Michigan! While the weather has certainly kept us on our toes from flood waters, high humidity and a big variation in temperatures, it is so nice to have a “normal” summer again. It seems like last year people forgot to take...

Advocacy & Compliance
Key State Issues
  • Legislature passed and enacted the FY22 K-12 education budget
  • HB 4828 passed the House requiring DIFS to conduct a study of the payday lending industry
  • Looking to introduce legislation to fix issues with electronic and remote notary
Key Federal Issues
  • Transportation infrastructure and "human infrastructure” bills remain in question
  • Office of the Comptroller of the Currency’s “True Lender” rule nullified by President
  • CUNA, MCUL and fellow state leagues are carefully watching credit reporting reforms
The ASFM Golf Outing July 14
  • 9:00 a.m. Registration & Open Driving Range
  • 10:00 a.m. Shotgun Start
  • Note: There is road construction around Forest Akers West. Click here to review and plan your route.
Peters Welcomes Nearly $36 Million in COVID Relief Funding to Help Michigan Small Businesses and Consumers in Minority Communities

U.S. Senator Gary Peters (MI) today welcomed news that the U.S. Department of the Treasury has awarded nearly $36 million to communities across Michigan through the Community Development...

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Fed Reserve Releases CECL Tool For Smaller Institutions

The Federal Reserve has released a new tool it said is aimed at helping smaller banks calculate their allowances under the new current expected credit loss (CECL) accounting standard.

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Education & Networking

Think Strategic! Strategic Planners Welcome to the Fall Leadership Development Conference

The MCUL Fall Leadership Development Conference is an ideal event for credit union volunteers, and this year, staffers involved with the strategic planning process are also encouraged to attend.
MCUL/CUSG AC&E: Food, Fun and Festivities

Traverse City is famous for cherries, wine trails, breezes off the bay and, this year, for hosting the MCUL/CUSG Annual Convention & Exposition (AC&E). Held at the Grand Traverse...

2021 AC&E Preview: Mitch Albom Takes Center Stage!

On the morning of Aug. 23, during the MCUL/CUSG 2021 Annual Convention & Exposition in Traverse City, internationally renowned author Mitch Albom will take Center Stage! to give his keynote, “Giving is Living,” a message about the lessons he learned during his time with Morrie...

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The Credit Union Difference
Making an Impact!
MCCU Donates Funds to Fremont International Academy

Marshall Community Credit Union (MCCU) recently donated $750 towards the purchase of several Spanish and bilingual books for Fremont International Academy, part of Battle Creek Public Schools in Battle Creek...

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National Credit Union Foundation 2020 Impact Report
The Foundation’s 2020 Impact Report documents the national movement's pivot to a "new normal" during the COVID-19 pandemic, how we stayed true to our mission to improve people’s financial lives through credit unions.

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TLC Community Credit Union Donates $2.5K to Dundee Area Senior Center

TLC Community Credit Union recently donated $2,500 to the Dundee Area Senior Center, in support of their new kitchen...

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Catholic Vantage Financial Gives 14 Local Teachers Impact Awards

Catholic Vantage Financial recently presented 14 Teacher Impact Awards to local educators who have worked tirelessly to...

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American 1 Donates $15K for Pickleball Courts

American 1 Credit Union recently announced a donation to the Jackson County Parks Department and the Jackson Area... 

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