Industry Press
The Press Center allows credit unions and their partners to share important news and keep accomplishments front and center in the credit union industry.
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
As credit unions continue to consolidate and merge resources to create stronger, more technologically advanced financial institutions, the landscape of member engagement is evolving. Mergers and combinations not only enable credit unions to extend their footprint and competitive edge, they can also enhance their offerings and improve service.
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
Like many credit unions, Listerhill faced the challenge of managing high volumes of delinquent accounts without overextending internal resources. Their team was tasked with providing consistent member outreach, but the depth of engagement needed for more complex accounts competed with the time spent on less problematic cases. Hiring more staff to address this would have
BECU expands in Pierce County with new location coming to Lakewood, Washington
BECU, Washington’s largest credit union, will open a new Neighborhood Financial Center (NFC) in Lakewood this winter bringing in-person financial services to the 16,300 members who call the community home.
TriUnity Foundation Awards $95,000 in Grants
TriUnity Foundation has announced the distribution of $95,000 in financial assistance to 23 individuals and families facing terminal illness in its most recent giving cycle. These grants were made possible through the generous support of St. Cloud Financial Credit Union, Altra Federal Credit Union, Mazuma Credit Union, SharePoint Credit Union, and Cornerstone Foundation, along with
EECU Hosts Member Appreciation Days at 22 Branch Locations
Fresno, CA – June 13, 2025 – Educational Employees Credit Union (EECU) hosted Member Appreciation Days across all 22 of its physical branch locations from June 9 to 13, in a week-long celebration dedicated to thanking members for their loyalty and support.
Baker Market Update – Week in Review: June 13, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
LANSING, Mich. — LAFCU has expanded its team with the addition of two seasoned professionals dedicated to fostering community and business relationships across Michigan. Sean Cervantes and Lisa Sprague bring extensive experience in finance, business development, and management, further strengthening LAFCU’s commitment to growth and member engagement.
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Origence, the leading lending technology solutions provider for credit unions, announced a strategic partnership with Alloy, a premier identity and fraud prevention platform provider. This partnership provides credit unions with a scalable and highly effective solution to grow their business by streamlining digital member onboarding and digital lending while also proactively mitigating fraudulent activity.
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
Cloudvirga, a leading provider of digital mortgage point-of-sale platforms for credit unions and other lenders, today announced it has been named a recipient of PROGRESS in Lending’s 2025 Connections Award. The award honors strategic partnerships and integrations that are reshaping the mortgage industry by advancing efficiency, innovation, and collaboration.
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
HAUPPAUGE, NY (June 6, 2025) – Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.9 billion in assets and more than 467,000 members, proudly announced it has raised more than $924,000 for Children’s Miracle Network Hospitals® through its third annual Golf Tournament and organization-wide fundraising efforts.
NASCUS Opens Nominations for 2025 Pierre Jay Award
The National Association of State Credit Union Supervisors (NASCUS) is now accepting nominations for the 2025 Pierre Jay Award, the association’s highest honor recognizing exceptional service and leadership within the state credit union system. The award will be presented during NASCUS’s 60th Annual Meeting, the State System Summit (S3), a premier event uniting regulators, credit
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
Synergent has extended its nearly 20-year partnership with One Credit Union through a new five-year agreement. The credit union will continue to utilize hosted Jack Henry™ Symitar® core processing and additional technology solutions including mobile deposit capture, check and statement processing, and more, reinforcing a strong and collaborative relationship focused on member service and operational
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Fresno, CA – Educational Employees Credit Union (EECU) proudly sponsored the 2025 Latinx High School Celebración, an inspiring event recognizing the achievements of graduating Latinx students from the Fresno Unified School District.
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
The National Association of State Credit Union Supervisors (NASCUS) is pleased to announce that the Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico | Corporación Pública Para la Supervisión Y Seguro De Cooperativas de Puerto Rico (COSSEC) has successfully earned accreditation. This marks the first time NASCUS has awarded accreditation to
Baker Market Update – Week in Review: June 06, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student loan refinance solution will now be available to the members of Westerly Community Credit Union ($500M assets; 22,477 members; Wakefield, RI).
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SchoolsFirst Federal Credit Union, the largest credit union in California and the nation’s largest serving school employees and their families, has awarded $210,500 in college scholarships to 248 students as part of its annual Member Education Award scholarship program for 2025. Launched in 2000, the scholarship program was established to invest in Members’ long-term success.
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
State Employees’ Credit Union (SECU) has concluded its fourth annual Summer Camp Awards campaign, granting $500 scholarships to 457 young members throughout North Carolina. Recipients were selected through random drawings, with one FAT CAT® and one Zard® winner per branch from all eligible entries. The scholarships will be used for the registration costs and associated
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
The award honors Quavo’s QFD® platform, an end-to-end SaaS solution purpose-built to transform and streamline dispute management for financial institutions and deliver a seamless experience for accountholders.
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Appli, a provider of artificial intelligence-powered financial calculators, today announced that First Source Federal Credit Union, serving members in central New York, has seen significant improvements in member engagement and conversion rates since implementing Appli’s calculator solutions. “We’re seeing conversions happen in each monthly wrap-up or report we pull, which is remarkable from a calculator,”
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Coastal Credit Union has hired Karen DeSalvo as its new VP of Marketing. In this role, DeSalvo will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. DeSalvo has more than 25 years of executive level experience leading both strategic and operational execution of marketing initiatives. She has led rebranding
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
NEW YORK – June 3, 2025 – Prizeout, the leader in advertising and financial technology, is announcing CashBack+ Pay, the latest addition to its CashBack+ platform. Designed to give credit union debit card users instant cashback, Pay empowers members to earn more at checkout, helping credit unions offer real, meaningful rewards and leveling the playing
Baker Market Update – Week in Review: May 30, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Corporate One Federal Credit Union announced a significant milestone today: 100 go-lives on the RTP network or FedNow Service through its Immediate Payments Third-Party Service Provider (TPSP) solution. This achievement includes 84 member credit unions connected to the RTP network and 16 connected to the FedNow Service.
Vizo Financial’s June 2025 Education Calendar
At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we provide a wide array of educational conferences, workshops and webinars. Our educational webinars in June 2025 cover a variety topics including vendor management, risk preparedness, payments, fraud, AI and more.
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Alogent is proud to announce that Unify has been named a finalist in the 2025 PayTech Awards, Best Consumer Payments System for Banks & Financial Institutions category. The PayTech Awards are a globally recognized program that celebrates excellence and innovation in the payments and financial technology sector. Judged by an independent panel of industry experts,
Maine Credit Union League and Synergent Announce Board of Directors
The Maine Credit Union League and Synergent are pleased to announce the appointment of their 2025–2026 Board of Directors. These dedicated individuals bring a wealth of experience, leadership, and a deep commitment to the credit union philosophy of People Helping People.
Baker Market Update – Week in Review: May 23, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Midcoast Federal Credit Union has renewed its core processing and technology service agreements with Synergent, including a 10-year agreement for hosted Jack Henry™ Symitar® core processing and five-year agreements for payments and related solutions. The renewal reflects a continued commitment to delivering innovative, community-focused financial services to members across Maine.
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Altra Federal Credit Union has selected Alogent’s Unify platform to modernize and consolidate its deposit operations across Day 1 and Day 2 workflows. By centralizing all item processing, including mobile deposit and self-service transactions at ATMs and ITMs, Unify supports faster, more accurate processing, reduces overhead, and significantly lessens manual efforts. Unify also enhances both
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
NASCUS Opens Nominations for 2025 Pierre Jay Award
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
Baker Market Update – Week in Review: June 06, 2025
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
Baker Market Update – Week in Review: May 30, 2025
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Vizo Financial’s June 2025 Education Calendar
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
NASCUS Opens Nominations for 2025 Pierre Jay Award
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
Baker Market Update – Week in Review: June 06, 2025
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
Baker Market Update – Week in Review: May 30, 2025
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Vizo Financial’s June 2025 Education Calendar
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
SchoolsFirst Federal Credit Union Ranked #1 in Member Satisfaction by JD Power for the Second Consecutive Year
3Rivers Credit Union Partners with Local Organizations to Expand Real-World Financial Education Across Indiana
Appli CEO Tim Pranger to Demo AI-Powered Lending Tools at Financial Brand Forum
Redwood Credit Union receives two Diamond Awards for marketing excellence at America’s Credit Unions competition
Chartway Credit Union Wins Sixth Straight USA Today Top Workplaces Award
LAFCU honors longtime board members whose guidance shaped decades of growth