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.

Date

Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration

Corporate Central is revolutionizing the payments landscape with cutting-edge ACH Solutions and its innovative Beastro platform, setting a new standard for the industry. The corporate credit union’s direct connection with the Federal Reserve and the integration capabilities of Beastro empowers credit unions to deliver seamless, efficient, and secure transactions to their members.

Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer

Silver State Schools Credit Union is pleased to announce the hiring of Ken Downs as the credit union’s new Senior Vice President/ Chief Information Officer. Downs will oversee the IT department by implementing technology solutions, fostering growth opportunities, and developing and implementing effective strategies, actions, programs, and processes that align with the credit union’s strategic

Corporate Central Promotes Cameron Krueger to Website and Design Specialist

Corporate Central is proud to announce the promotion of Cameron Krueger, CCUFC, to the position of Website and Design Specialist. In this role, Krueger will be responsible for creating visually appealing and user-friendly websites, ensuring seamless navigation and optimal user experience.

Gulf Winds Cares Foundation Donates to Alabama Nonprofits

Recently, the Gulf Winds Cares Foundation made donations to the Youth Men’s Christian Associations, better known as the YMCA, of Brewton and Monroeville, Alabama. The organizations each received $2,000 to support their ongoing mission of providing a safe, engaging, and supportive environment for kids to learn, grow, and thrive, a pursuit Gulf Winds deeply supports.

Alloya Announces Changes in Capital Markets and Investment Services

Tom Slefinger, Senior Vice President of Institutional Fixed Income Sales, is stepping down from a leadership role at Alloya Investment Services to transition into a new role as the corporate’s Market Strategist. Bill Paton, Vice President and Manager of Alloya’s Loan Participation and Subordinated Debt Programs, has been named Capital Markets Sales Director and will

STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION

R-G Federal Credit Union proudly announces the appointment of Steve Deere as its new President and Chief Executive Officer, effective July 1, 2024. Mr. Deere succeeds Joye Conklin, who will retire at the end of June after over 29 years of dedicated service, including her tenure as CEO since 2016.

United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List

United Federal Credit Union has been named one of the 2024 Top 100 Workplaces in North America by Inspiring Workplaces Group. The Inspiring Workplaces Awards honor organizations that excel in fostering a positive work environment through exceptional leadership, wellbeing initiatives, inclusivity, and a strong sense of purpose. United has the distinction of being the only

SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced its sponsorship of monthly school employee recognitions at Sacramento Republic FC matches during the 2024 season. At each of seven matches, March through September, one teacher and one classified school employee from a local

Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill

On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers in the Gattis Court community in Chapel Hill. Officials from the Town of Chapel Hill joined representatives from the foundation, Coastal Credit Union, Compass Center and Habitat for Humanity for the ceremony. The Gattis Court

SECU Foundation Provides Financing for Bertie County Workforce Housing

With assistance from SECU Foundation, Bertie County opened its doors July 1 to welcome tenants to a new 24-unit housing complex for public school and local government employees. The Foundation provided Partners for Bertie County Public Schools with interest-free construction financing and 15-year interest-free permanent financing of $3.1 million.

GTE Financial Promotes Two Leaders In Operations To Vice President

GTE Financial, one of Tampa Bay’s largest locally owned and operated financial institutions, is happy to congratulate the promotion of two tenured leaders, Priscilla Abreu to Vice President Digital Payments and Fraud Operations and Troy Hepler to Vice President Systems Operations. Both individuals oversee high-growth, critical areas of operation that are pivotal in delivering the

TopLine Credit Union And Employees Donate Clothing And Shoes

TopLine held the fourth annual clothing and shoe drive during the month of May benefitting four local non-profits, African Education and Health Initiative (AFEDHI), Karen Organization of Minnesota, Union Gospel Mission and YMCA of the North Youth and Family Services. When the program ended employees and members had donated 1,300 pounds of clothing, 156 pairs

NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule

NASCUS has submitted a comment letter this week to the National Credit Union Administration (NCUA) outlining potential impacts and improvements to the Part 749 Record Retention and Preservation Rule. In our comments, NASCUS encouraged the NCUA to provide clarification between Part 749 of its regulations and Appendix A of the regulation. Specifically, the definition of

Eltropy Announces Key Enhancements to Unified Conversations Platform

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced significant enhancements to its Unified Conversations Platform. These improvements include Voice+, a modern voice and contact center solution, SBR 2.0 for advanced skill-based routing, Lobby Management features, and additional productivity-boosting updates.

NEFCU AND VSECU ANNOUNCE NEW NAME AND BRAND

New England Federal Credit Union and Vermont State Employees Credit Union announced today the merged credit unions’ new name: EastRise Credit Union. The name will take effect officially on Sept. 1, 2024.

UMassFive Helps Award $4,000 in Scholarships

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Clarice Borges and Miguel Pinero-Jacome, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Massachusetts Pioneer Valley Chapter of Credit Unions. Applicants receive scholarships based on academic achievements, community involvement, and a

U.S. Senate Federal Credit Union Honored as Top Workplace by The Washington Post!

The Washington Post’s annual Top Workplaces list celebrates organizations that prioritize their employees’ well-being, job satisfaction, and overall workplace culture. Being named a Top Workplace signifies USSFCU’s dedication to its team members and their professional growth. Impressively, USSFCU ranks within the top 2% in its industry for making employees feel appreciated.

Raymond Dorado Appointed to FFIEC State Liaison Committee

Raymond J. Dorado has been appointed to the Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC). Dorado was designated by the National Association of State Credit Union Supervisors (NASCUS) to complete the remainder of the two-year term left vacant with the retirement of Deputy Superintendent of the Community and Regional Banks Unit, Yolanda

Strategic Partnerships

Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships

This spring, Sharetec, an emerging leader in the core processing industry, excitedly announced three new credit union partnerships in Puerto ...
New Product Releases

Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration

Corporate Central is revolutionizing the payments landscape with cutting-edge ACH Solutions and its innovative Beastro platform, setting a new standard ...
Lending

CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS

Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser ...
Lending

Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student lending solutions ...
Personnel Promotions

Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer

Silver State Schools Credit Union is pleased to announce the hiring of Ken Downs as the credit union’s new Senior ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 5, 2024

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Personnel Promotions

Corporate Central Promotes Cameron Krueger to Website and Design Specialist

Corporate Central is proud to announce the promotion of Cameron Krueger, CCUFC, to the position of Website and Design Specialist. ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas

United Federal Credit Union is pleased to announce the promotion of Landon Lowther to Mortgage Advisor in Fort Smith. Lowther ...
Making A Difference

Gulf Winds Cares Foundation Donates to Alabama Nonprofits

Recently, the Gulf Winds Cares Foundation made donations to the Youth Men’s Christian Associations, better known as the YMCA, of ...
Personnel Promotions

Alloya Announces Changes in Capital Markets and Investment Services

Tom Slefinger, Senior Vice President of Institutional Fixed Income Sales, is stepping down from a leadership role at Alloya Investment ...
Personnel Promotions

STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION

R-G Federal Credit Union proudly announces the appointment of Steve Deere as its new President and Chief Executive Officer, effective ...
Operations & HR

United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List

United Federal Credit Union has been named one of the 2024 Top 100 Workplaces in North America by Inspiring Workplaces ...
Making A Difference

Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students

The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce eleven recipients of the ...
Making A Difference

SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Other

Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union

Justice Federal Credit Union, (Justice Federal), headquartered in Chantilly, Virginia, expands its footprint in Florida. The Credit Union announced it ...
Making A Difference

Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill

On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers ...
Personnel Promotions

Illinois Credit Union System Announces Leadership Change

The Illinois Credit Union System announced today, July 1, 2024, a planned leadership transition with Tom Kane retiring at the ...
Charity Events

ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS

Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser ...
Making A Difference

SECU Foundation Provides Financing for Bertie County Workforce Housing

With assistance from SECU Foundation, Bertie County opened its doors July 1 to welcome tenants to a new 24-unit housing ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 28, 2024

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Personnel Promotions

GTE Financial Promotes Two Leaders In Operations To Vice President

GTE Financial, one of Tampa Bay’s largest locally owned and operated financial institutions, is happy to congratulate the promotion of ...
Making A Difference

TopLine Credit Union And Employees Donate Clothing And Shoes

TopLine held the fourth annual clothing and shoe drive during the month of May benefitting four local non-profits, African Education ...
Industry Analysis & Trends

NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule

NASCUS has submitted a comment letter this week to the National Credit Union Administration (NCUA) outlining potential impacts and improvements ...
New Product Releases

Eltropy Announces Key Enhancements to Unified Conversations Platform

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced significant enhancements to its Unified Conversations Platform. ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Springdale, AR

United Federal Credit Union is pleased to announce the promotion of Kevin Lopez to Mortgage Advisor in Springdale, Arkansas. Lopez ...
Other

NEFCU AND VSECU ANNOUNCE NEW NAME AND BRAND

New England Federal Credit Union and Vermont State Employees Credit Union announced today the merged credit unions’ new name: EastRise ...
Making A Difference

UMassFive Helps Award $4,000 in Scholarships

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Clarice Borges ...
Technology

Velera Introduces Innovative Onboarding and Project Management Platform

Velera today announced it has launched an innovative new onboarding and project management platform.
Other

U.S. Senate Federal Credit Union Honored as Top Workplace by The Washington Post!

The Washington Post’s annual Top Workplaces list celebrates organizations that prioritize their employees’ well-being, job satisfaction, and overall workplace culture. ...
Other

Raymond Dorado Appointed to FFIEC State Liaison Committee

Raymond J. Dorado has been appointed to the Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC). Dorado was ...
Strategic Partnerships

Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships

This spring, Sharetec, an emerging leader in the core processing industry, excitedly announced three new credit union partnerships in Puerto ...
New Product Releases

Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration

Corporate Central is revolutionizing the payments landscape with cutting-edge ACH Solutions and its innovative Beastro platform, setting a new standard ...
Lending

CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS

Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser ...
Lending

Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student lending solutions ...
Personnel Promotions

Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer

Silver State Schools Credit Union is pleased to announce the hiring of Ken Downs as the credit union’s new Senior ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 5, 2024

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Personnel Promotions

Corporate Central Promotes Cameron Krueger to Website and Design Specialist

Corporate Central is proud to announce the promotion of Cameron Krueger, CCUFC, to the position of Website and Design Specialist. ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas

United Federal Credit Union is pleased to announce the promotion of Landon Lowther to Mortgage Advisor in Fort Smith. Lowther ...
Making A Difference

Gulf Winds Cares Foundation Donates to Alabama Nonprofits

Recently, the Gulf Winds Cares Foundation made donations to the Youth Men’s Christian Associations, better known as the YMCA, of ...
Personnel Promotions

Alloya Announces Changes in Capital Markets and Investment Services

Tom Slefinger, Senior Vice President of Institutional Fixed Income Sales, is stepping down from a leadership role at Alloya Investment ...
Personnel Promotions

STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION

R-G Federal Credit Union proudly announces the appointment of Steve Deere as its new President and Chief Executive Officer, effective ...
Operations & HR

United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List

United Federal Credit Union has been named one of the 2024 Top 100 Workplaces in North America by Inspiring Workplaces ...
Making A Difference

Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students

The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce eleven recipients of the ...
Making A Difference

SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Other

Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union

Justice Federal Credit Union, (Justice Federal), headquartered in Chantilly, Virginia, expands its footprint in Florida. The Credit Union announced it ...
Making A Difference

Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill

On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers ...
Personnel Promotions

Illinois Credit Union System Announces Leadership Change

The Illinois Credit Union System announced today, July 1, 2024, a planned leadership transition with Tom Kane retiring at the ...
Charity Events

ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS

Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser ...
Making A Difference

SECU Foundation Provides Financing for Bertie County Workforce Housing

With assistance from SECU Foundation, Bertie County opened its doors July 1 to welcome tenants to a new 24-unit housing ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 28, 2024

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Personnel Promotions

GTE Financial Promotes Two Leaders In Operations To Vice President

GTE Financial, one of Tampa Bay’s largest locally owned and operated financial institutions, is happy to congratulate the promotion of ...
Making A Difference

TopLine Credit Union And Employees Donate Clothing And Shoes

TopLine held the fourth annual clothing and shoe drive during the month of May benefitting four local non-profits, African Education ...
Industry Analysis & Trends

NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule

NASCUS has submitted a comment letter this week to the National Credit Union Administration (NCUA) outlining potential impacts and improvements ...
New Product Releases

Eltropy Announces Key Enhancements to Unified Conversations Platform

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced significant enhancements to its Unified Conversations Platform. ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Springdale, AR

United Federal Credit Union is pleased to announce the promotion of Kevin Lopez to Mortgage Advisor in Springdale, Arkansas. Lopez ...
Other

NEFCU AND VSECU ANNOUNCE NEW NAME AND BRAND

New England Federal Credit Union and Vermont State Employees Credit Union announced today the merged credit unions’ new name: EastRise ...
Making A Difference

UMassFive Helps Award $4,000 in Scholarships

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Clarice Borges ...
Technology

Velera Introduces Innovative Onboarding and Project Management Platform

Velera today announced it has launched an innovative new onboarding and project management platform.
Other

U.S. Senate Federal Credit Union Honored as Top Workplace by The Washington Post!

The Washington Post’s annual Top Workplaces list celebrates organizations that prioritize their employees’ well-being, job satisfaction, and overall workplace culture. ...
Other

Raymond Dorado Appointed to FFIEC State Liaison Committee

Raymond J. Dorado has been appointed to the Federal Financial Institutions Examination Council’s (FFIEC) State Liaison Committee (SLC). Dorado was ...

PARK COMMUNITY CREDIT UNION FOUNDATION ANNOUNCES $97,960 IN GRANTS THROUGH PATHWAYS TO PROSPERITY PROGRAM

Louisville, KY- Park Community Credit Union Foundation is proud to announce the recipients of its 2025 Pathways to Prosperity grants. Announced at the annual Friendsgiving ...

Call for Entries: LAFCU’s 2026 Write to Educate Essay Contest

LANSING, Mich. — LAFCU is once again turning student voices into opportunity, inviting Michigan high school seniors to share their perspectives through its 2026 Write ...

LAFCU and Grassroots Giving Lansing to host entrepreneurship mixer focused on lending essentials

LANSING, Mich. — LAFCU and Grassroots Giving Lansing will host the second session of their Entrepreneurship Mixer Series, The Lending Essentials, from 11 a.m. to 2 ...

CUES and TruStage® Launch Leadership Pathways to Expand Access to Executive-Ready Talent Across the Credit Union System

CUES and TruStage® today announced Leadership Pathways, a yearlong, integrated leadership development experience designed to expand access to advanced leadership preparation across the credit union ...

Coastal Credit Union Expands Mortgage Options with VA Loan Programs

Coastal Credit Union has announced the rollout of new mortgage programs designed to expand access to homeownership for more North Carolinians, especially military veterans. Coastal ...

Appli Calculator Deployment Drives 23% Conversion Rate for First Source Federal Credit Union

Appli, a provider of AI-powered financial calculators for credit unions and community banks, today released year-one results from First Source Federal Credit Union showing significant ...
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