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.

LGE Community Credit Union recognized by Forbes on America’s Best-In-State Credit Unions list

LGE Community Credit Union was recently recognized as one of the top credit unions in Georgia by Forbes on the publication’s 2025 Best-In-State Credit Unions list. LGE was one of only four credit unions in Georgia to receive the Best-In-State designation.

Becca Duvall July 10, 2025

SchoolsFirst Federal Credit Union Lobby to Support Healing and Hope in CHOC’s New Outpatient Tower

SchoolsFirst Federal Credit Union, as part its ongoing commitment to Children’s Hospital of Orange County (CHOC), now part of Rady Children’s Health, has announced support of a nine-story ambulatory building designed to provide care for children and families across Southern California. In recognition of this donation, the first-floor lobby of the tower has been named

Selena Alvarado July 10, 2025

Southland Credit Union Announces Retirement of President/CEO, Thomas Lent

With deep appreciation for his outstanding service, Southland Credit Union prepares to say farewell to President and CEO Thomas (Tom) Lent, who will retire in 2026 after 18 years with Southland, including the past 9 years as CEO, and 42 years in the credit union and financial services industry. Tom’s departure marks the end of

Michelle Rose July 10, 2025

Tower Federal Credit Union Earns Great Place to Work® Certification—Seven Years in a Row!

For the seventh consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). This year, 85% of employees said Tower is a great place to work—compared to 57% of employees at a typical U.S.-based company.1 Rick Stafford, Tower’s President and CEO, credits Tower’s

Carla Keister July 10, 2025

Acadia Federal Credit Union Extends Longstanding Partnership with Synergent

Synergent is pleased to announce the renewal of its long-standing partnership with Acadia Federal Credit Union through a new ten-year agreement for hosted Jack Henry™ Symitar® core processing. The credit union also renewed five-year agreements for check processing, mobile deposit capture, and integrated debit and credit card services, continuing a nearly 20-year collaboration aligned with

Michelle Broderick July 10, 2025

EECU Awards $100K in Grants to Help Students Reach Their Goals

FRESNO, Calif. (July 9, 2025) — Educational Employees Credit Union (EECU) proudly announced today the distribution of 50 student grants totaling $100,000 to support its members’ pursuit of higher education. Administered annually since 2003, the program has to date distributed more than $1.9 million in financial assistance to students.

Heather Martinez July 10, 2025

Affordability is Top Driver for Consumers Leasing Vehicles, according to New CULA Survey

Nearly 70% of consumers surveyed would lease again for lower payments, shorter terms and flexibility in uncertain economy, and nearly 90% found leasing a good option versus a loan.

Jomana Boulos Asokan July 10, 2025

Alloya Corporate FCU Facilitates Multi-Issuer Auto Loan Securitization

Alloya is excited to announce that it has completed the credit union network’s first ever multi-issuer prime auto loan asset backed securitization (ABS), working alongside three credit unions, Blaze (Minnesota), Consumers (Illinois) and Interra (Indiana). Further details are in the attached press release.

Sarah Kelly July 10, 2025

SchoolsFirst FCU Team Members Help Harvest 6,000 Pounds of Produce on Credit Union Industry’s Development Education Day of Service

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, participated in the credit union industry’s annual Development Education (DE) Day of Service on June 11, joining forces with credit union teams from around the world to complete a day of community service. This designated day

Selena Alvarado July 10, 2025

Algebrik AI and Kinective Partner to Streamline Lending from Application to Signature

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Suite (LOS), today announced a strategic partnership with Kinective, a leading provider of digital connectivity, document workflow, and core integration solutions for the banking sector. This partnership brings together Algebrik AI’s intelligent loan origination system

Prateek Samantaray July 8, 2025

Winthrop Area Federal Credit Union Renews Partnership with Synergent

Synergent® is pleased to announce that Winthrop Area Federal Credit Union has renewed its long-term partnership with Synergent. The renewal includes a 10-year agreement with Synergent for hosted Jack Henry™ Symitar® core processing, and five-year agreements for iPay consumer bill pay, debit card services, mobile deposit capture, check processing, statement processing, and Orpheus digital banking.

Michelle Broderick July 8, 2025

Vizo Financial’s July 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 July 2025 cover a variety topics including ACH operations, Bank Secrecy Act and Anti-Money Laundering training, effective management techniques, economic analysis

Kayla Hughes July 8, 2025

Algebrik AI Strengthens Leadership Team with Appointment of Lending Industry Veteran Jennifer Hernandez

Algebrik AI Inc.,a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered digital-era Loan Origination System (LOS) company, today announced the appointment of Jennifer Hernandez as Vice President of Customer Success & Account Management. With nearly three decades of experience in the credit union industry as a seasoned consumer lending executive,

Prateek Samantaray July 8, 2025

Algebrik AI Partners with TruStage™ to Offer Embedded Lending Protection Products Through the Loan Origination Journey

Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered, digital era Loan Origination System (LOS), today announced a partnership with TruStage™, a financially strong insurance and financial services provider. This collaboration integrates the education of a broad suite of lending protection offerings from TruStage—including GAP coverage, debt protection,

Prateek Samantaray July 8, 2025

Alloya Announces Change in Payments Leadership

FOR IMMEDIATE RELEASE Naperville, Ill. (July 3, 2025) – Alloya Corporate Federal Credit Union announced today that Jim Schneck has been named Senior Vice President of Payments. In this role, he will oversee Alloya’s Payments business. Schneck joined the corporate in 2018, overseeing the strategic planning process as Chief Strategy and Innovation Officer. He was

Sarah Kelly July 3, 2025

SECU Joins North Carolina Governor’s Office for 2025 School Supply Drive to Benefit Teachers and Students

State Employees’ Credit Union (SECU) is pleased to announce its continued support for the annual Governor’s School Supply Drive, which kicked off Wednesday morning with an announcement by Governor Josh Stein at SECU’s Salisbury Street office in downtown Raleigh. This is the seventh year SECU branches have served as collection sites for the Drive to

Noah Grant July 3, 2025

Baker Market Update – Week in Review: July 3, 2025

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

Raquel Reed July 3, 2025

Sound Credit Union Completes Conversion of Washington Business Bank

TACOMA, Wash. – On Saturday, June 28, 2025, Sound Credit Union (Sound), headquartered in Tacoma, successfully completed the system conversion of Washington Business Bank (OTCPK: WBZB), based in Olympia, Washington. This milestone marks the final step in Sound’s acquisition of the bank.

Callahan & Associates July 2, 2025

Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration

Coastal Credit Union has completed a transformative renovation of its headquarters in Raleigh, NC. What began as a response to space constraints evolved into a bold reimagining of the workplace, driven by the shift to hybrid work. The result is a state-of-the-art environment designed to foster flexibility, collaboration, and employee well-being. From flexible workstations and

Joe Mecca July 2, 2025

Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members

Corporate Central is proud to announce the official launch of Business ACH, the first solution under its growing Beastro Business suite of digital payment services. Business ACH enables credit unions to offer their business members a powerful, secure, and fully branded ACH platform for managing electronic payments—delivering speed, simplicity, and control via the credit union

Orianna Valentine July 2, 2025

Inman honors Cloudvirga CEO Maria Moskver with third consecutive Best of Finance award

Maria Moskver, CEO of Cloudvirga, has been named to Inman’s Best of Finance list for a third consecutive year. She was recognized for work helping credit unions and other lenders navigate a fast-changing market while improving how they engage and support members.

Leslie Colley July 2, 2025

Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025

Redwood Credit Union (RCU) is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek.

Kimberly Juarez June 30, 2025

LAFCU CFO Leslie Rorie named a Notable Leader in Finance

LANSING, Mich. — LAFCU is proud to announce that Leslie Rorie, chief financial officer, has been named one of Crain’s Detroit Business’ 2025 Notable Leaders in Finance, an honor that recognizes executives who are leading the finance industry in their communities.

Callahan & Associates June 30, 2025

CEFCU Selects Student Choice for Private Student Loan Solutions

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that it will soon be delivering private student loan and refinance solutions to members of Citizens Equity First Credit Union (CEFCU) ($8.3B assets; 410,618 members; Peoria, IL).

Michael Weber June 27, 2025

EECU and Madera County Superintendent of Schools Celebrate New ATM with Ribbon-Cutting Ceremony

FRESNO, Calif. (June 25, 2025) — Educational Employees Credit Union (EECU) and the Madera County Superintendent of Schools (MCSOS) celebrated the opening of a new on-site ATM with a ribbon-cutting ceremony on Wednesday, June 25. The opening represents a continued partnership between the two organizations focused on accessibility, service, and investment in the growing Madera

Heather Martinez June 27, 2025

Cleveland Monsters Unveil Jersey Patch with Century FCU

CLEVELAND – The Cleveland Monsters are proud to announce Century Federal Credit Union has become the Official Credit Union and jersey patch partner of the Monsters beginning in the 2025 Calder Cup North Division Semifinals.

Tiphaney Grossestreuer June 27, 2025

42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center—Bringing Total Donated to Helping Children in Need to Over $1.1 Million

Hosted by the TowerCares Foundation, Tower Classic raised the highest amount in the event’s 42-year history, with all proceeds going to help critically ill children receiving care at Johns Hopkins Children’s Center in Baltimore, Maryland. Over the years, the annual golf tournament has raised over $1.1 million to help local children in need. ———— Emerson

Carla Keister June 25, 2025

Credit Unions Sound the Alarm on Student Loan Procrastination — Urge Families to Lock in Flexible Line of Credit Before Fall Deadlines

CU Student Choice, a leading provider of education financing solutions, is renewing its nationwide outreach campaign to help students and families avoid last-minute borrowing pitfalls and long-term debt.

Michael Weber June 24, 2025

SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation Innovation in Education Awards

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented the Innovative Superintendent and Team Award to four school district leaders in San Diego County during the 22nd Annual Classroom of the Future Foundation (CFF) Innovation in Education Awards program held May 15 at SeaWorld

Selena Alvarado June 23, 2025

Redwood Credit Union Birthday Bash Raises Over $31,000 for Youth Arts Programs

A shared birthday celebration raised over $31,000 to support music programs for youth in the North Bay.

Kimberly Juarez June 23, 2025

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.

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