Search
 

CU Tech Hub

News

CU’s $1 Million Gift Supports Higher Education in Banking, Cybersecurity

Commonwealth CU helps fund Eastern Kentucky University financial services, fintech and cybercrime programs.

From left to right, EKU President Dr. David McFaddin, Commonwealth CEO Karen Harbin and Rep. Andy Barr (R-Ky.) announce Commonwealth CU's $1 million gift to EKU From left to right, EKU President Dr. David McFaddin, Commonwealth CEO Karen Harbin and Rep. Andy Barr (R-Ky.) announce Commonwealth CU’s $1 million gift to EKU on April 12. (Photo: Commonwealth CU)

The leaders of the $2 billion Commonwealth Credit Union in Frankfort, Ky., want new college grads to be prepared to professionally fight cybercrime at local financial institutions – so much so that they recently gave $1 million to support Eastern Kentucky University (EKU) programs in the subject area.

The $1 million gift will help fund the university’s Evans Banking and Financial Services program as well as the creation of a new certificate program in Financial Technology and Cybercrime, according to an announcement from the credit union Thursday. Commonwealth noted that due to rising fraud and cybercrime targeting community financial institutions nationwide, the need for financial services industry professionals who specialize in financial technology, financial forensics and cybersecurity is greater than ever.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Natasha Chilingerian

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

More from this author

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.