Does Your Staff Know the Red Flags of Financial Exploitation?
Nearly five million older Americans are abused each year, creating an estimated $36.5 billion annual loss for victims. Financial exploitation occurs when one person misuses or takes the financial assets of a vulnerable adult for his or her benefit. This happens most often to adults who are elderly, disabled or both. Here are some of […]
Ascend Federal Credit Union Raises More Than $25,000 for American Red Cross
Ascend Federal Credit Union today announced that the company and its employees raised $25,550 in March to support the Tennessee Region of the American Red Cross. “Ascend is dedicated to supporting organizations that are making a difference in the communities we serve,” Ascend President and CEO Caren Gabriel said. “We strongly believe in the Red Cross’s […]
Veritas Federal Credit Union Opens New 8,260 SF Headquarters and Branch in Smyrna
SMYRNA, TN – MARCH 30, 2021 – Veritas Federal Credit Union (VFCU) christened, and cut the ribbon, on their beautiful 8,260 SF headquarters and branch in Smyrna on Friday, March 26, 2021. Built by L. Keeley Construction, a full-service construction company out of St. Louis, this state-of-the-art headquarters and branch serves the financial needs of […]
TCUL Advocacy Update – May 13, 2021
The first session of the 112th General Assembly of Tennessee concluded last week, bringing to a close a final flurry of activity from the state’s lawmakers. On the credit union front, the bill to increase the Homestead Exemption passed both chambers unanimously and, last week, was signed into law by Governor Lee. This brought our […]
TCUL Board of Directors Appoints Two New Directors
The Tennessee League Board of Directors recently approved the nominations of two new directors to fill vacant unexpired terms on the League Board. Laura Parham the CEO of Heritage South Community Credit Union in Shelbyville, will replace Joe Spivey Middle Region – Group B (Medium/Large). Joe Spivey, CEO of Cornerstone Financial Credit Union retired from […]
TriStar Advocacy Update – April 8, 2021
Nashville After months of hustle and bustle in the state legislature, credit union business is beginning to head for a conclusion. The much discussed interchange legislation, thanks to so many of you, was defeated for this year in both committees of record. While it will certainly be back, its defeat allows us to focus our […]
Ascend Federal Credit Union Makes Training Magazine’s Top 100 for 7th Consecutive Year
Ascend Federal Credit Union, the largest federal credit union in Middle Tennessee, announced today that it has been named to Training magazine’s Top 100 list for the seventh consecutive year. Ascend is the highest-ranking company based in Tennessee and ranked 21 in the U.S., seven positions higher than the previous year. It is also […]
TriStar Advocacy Report
Homestead Exemption Bill Hits a Snag We have a couple of big updates on the state-level advocacy front to report. First, our bill to increase the Homestead Exemption hit a massive snag as Legal Services filed it with the wrong caption. This essentially renders the bill inoperable because the bill would change sections of the […]
Dolphin Debit Access
If asked one year ago, what would you have said would be the biggest disruption your credit union would have to deal with in the coming year? Many of us would have answered with a similar list of potential challenges: Bitcoin, fintech, etc. Not one of us would have come up with a global pandemic. […]
ORNL FCU to Lease Space to Anderson County Family Justice Center
ORNL Federal Credit Union (ORNL FCU) recently announced that the Anderson County Family Justice Center (ACFJC) would be leasing office space in their building located on Broadway Avenue in Oak Ridge, TN. ORNL FCU also underwrote a number of improvements to make the space more conducive to the non-profit’s needs. In July 2019, the ACFJC […]