News from October 2023


University Credit Union releases Unaudited Statement of Financial Condition for 2023

The University Federal Credit Union released its Unaudited Statement of Financial Condition on August 31. The statement reveals several notable changes compared to the previous year's figures.


Abbott affirms Texas's support for Israel after Hamas attacks, boosts security at Jewish synagogues, schools

Gov. Greg Abbott of Texas has expressed his unwavering support for Israel and announced increased security measures for Jewish synagogues and schools in the state. This comes after Israel was attacked by Palestinian militant group Hamas, resulting in the loss of at least 1,000 lives.


Abbott announces launch of Texas Small Business Credit Initiative

Gov. Greg Abbott has unveiled the Texas Small Business Credit Initiative (TSBCI) and is inviting financial institutions across the state to apply to participate. The application period will begin on October 9th and run through December 9th, with loan enrollment set to begin on January 15, 2024.


Abbott calls for third special session

Gov. Greg Abbott has announced a third special session of the Texas Legislature, set to commence on October 9th at 1 p.m. This comes after lawmakers met twice since the conclusion of the 88th legislative session in May. The governor's special session proclamation outlines the key issues that will be addressed, including education freedom, border security, public safety, and ending COVID-19 restrictions.


City of Austin City Council met Aug. 29

City of Austin City Council met Tuesday, Aug. 29


City of Austin Mobility Committee met Aug. 24

City of Austin Mobility Committee met Thursday, Aug. 24.


Chihuahua L’il D seeking forever home in Austin

A chihuahua named L’il D is looking for a forever home in Austin. The adorable pup, estimated to be 2 to 3 years old and weighing 6.25 pounds, was recently taken in by New Hope Animal Rescue (NHAR) and is now up for adoption.


Palmer Events Center announces October event lineup

The Palmer Events Center in Austin, Texas has announced an exciting lineup of 13 events for the month of October. According to the announcement, these events will cater to diverse audiences and offer a range of experiences.


UT's Texas Institute for Electronics and Infleqtion collaborate for the Quantum Manufacturing Center of Excellence

The University of Texas at Austin and Infleqtion, a global quantum technologies company, have joined forces to establish a center of excellence for quantum manufacturing called qNexus. The goal of this collaboration is to expand quantum-enabled device production to meet the growing demands of government and commercial sectors, as stated in a press release.


Texas colleges claim new anti-DEI law is causing hiring issues

Three university chancellors recently discussed the effects of the new anti-DEI law in Texas, specifically as it pertains to the hiring process. According to an article from September 24, some who believe that the new law has harmed the process gave their opinion at the recent Texas Tribune Festival.


City of Austin Audit and Finance Committee met Aug. 23

City of Austin Audit and Finance Committee met Wednesday, Aug. 23


Homeland Security to Fortify Texas Border Amidst Surge in Illegal Entries

In an action aimed at fortifying the U.S.-Mexico border, the Department of Homeland Security (DHS) has declared its intention to fast-track the construction of barriers and roads in Starr County, Texas. This decision, grounded in the authority vested by Section 102 of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996, is a strategic move to mitigate unauthorized entries into the United States.


Austin FC and Q2 Collaborate to Aid Local Nonprofits via Q-mmunity Gives Grant Program

Austin FC and Q2 Holdings, Inc. have joined forces to support local nonprofits in Central Texas through the Q-mmunity Gives grant program. The program aims to advance diversity, equity, and inclusion in the community and will provide three separate grants of $50,000 each to nonprofit organizations.


City of Austin City Council met Aug. 22

City of Austin City Council met Tuesday, Aug. 22


Austin middle schoolers visited by financial literacy game show

Middle school students in Austin were recently visited by Million Bazillion Live as a part of their financial literacy tour. Middle schoolers at O. Henry Middle School and John P. Ojeda Middle School participated in Million Bazillion Live’s program “Who Wants to be a Bazillionaire?”


Texas Department of Transportation observes National Pedestrian Safety Month

The Texas Department of Transportation (TxDOT) is observing National Pedestrian Safety Month throughout October by reminding motorists statewide that pedestrians are the most vulnerable on the roads and streets.


City of Austin City Council met Aug. 16

City of Austin City Council met Wednesday, Aug. 16


UT ahead of final OU game as Big 12 member: 'You know what week it is'

Bound for the mighty Southeastern Conference (SEC) next year and sporting a 5-0 record for the first time since 2009, the No. 3 University of Texas (UT) Longhorns football team couldn’t be blamed for entering this week more excited than usual. UT and archrival No. 12 University of Oklahoma (UH) will play their 119th Red River Showdown at the Cotton Bowl in Dallas, but the matchup carries a lot of weight because the programs are departing the Big 12 Conference for college football’s most elite Power 5 conference.


UFCU becomes part of the Allpoint ATM Network

University Federal Credit Union (UFCU) has announced its membership in the Allpoint ATM Network, allowing its members to enjoy the convenience of surcharge-free cash withdrawals at over 500 locations in Central Texas and 55,000 locations nationwide. This partnership will provide UFCU members in Central Texas with access to 63% more ATMs, including those in popular retail stores like Target, CVS Pharmacy, and Walgreens, according to a press release.


Abbott after ringing NYSE closing bell: 'It's about time Texas has its own ETF'

On September 28th, Gov. Greg Abbott rang the closing bell at the New York Stock Exchange (NYSE) to mark Texas Capital Bank’s (TCB) launch of its new Exchange-Traded Fund (ETF) & Funds Management division and flagship Texas Capital Texas Equity Index ETF (NYSE Arca: TXS) in New York City. The Office of the Texas Governor said that of the 50 states in the Union, Texas boasts the most on the NYSE and is the only one with its own ETF.