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 Appoints Val Mindak as Board Chair and Announces Executive Committee

Corporate Central is pleased to announce that Val Mindak was appointed as board Chair effective January 17. Mindak has been President/CEO of Park City Credit Union based in Merrill, WI for over 14 years. Mindak brings a wealth of experience having served on the board for more than 6 years and contributing significantly to the

Eltropy Announces e-Merge 2024 User Conference

Eltropy, the leading digital communication solutions for credit unions and community banks, will host its second annual user conference e-Merge 2024 on May 14-17 at the Santa Clara, California Marriott. This can’t-miss event will bring together over 400 financial services innovators to delve deep into AI and how it’s transforming the world around us.

Indiana Members Credit Union Contributes $1,961 to Center Grove High School

Indiana Members Credit Union presented a check for $1,961 to Center Grove High School as part of an ongoing school spirit debit card program. Since beginning the program in 2013 Center Grove Schools has earned $27,552 through this IMCU giveback program.

BCU NAMED ONE OF BEST CREDIT UNIONS OF 2024 BY CNET

BCU is proud to have once again topped CNET’s list of Best Credit Unions of 2024. The list was determined by CNET’s evaluation of credit unions with the highest APYs for one-year terms.

GTE Financial Named America’s Best Regional Banks and Credit Unions By Newsweek

Tampa-based credit union GTE Financial is proud to announce Newsweek has named the institution one of America’s Best Regional Banks and Credit Unions 2024. The credit union received a five-star ranking among 250 other banks and credit unions in the United States.

TopLine Financial Credit Union Recognized For Outstanding Marketing Efforts

TopLine was honored with two marketing awards from the Minnesota Credit Union Network (MnCUN). The Minnesota Credit Union Network Marketing Awards acknowledges the outstanding programs credit unions have created to grow brand awareness and market to members and nonmembers alike. TopLine was recognized in two categories: Design and Digital Advertising. In the design category, TopLine’s

Advia Credit Union Excited for Future Growth in Illinois

Advia is excited to announce growth in Illinois – bringing additional opportunities to members in northeastern Illinois. The Board of Directors of Advia Credit Union announced that it has signed a definitive agreement to acquire NorthSide Community Bank, headquartered in Gurnee, Illinois, with branches in Gurnee, Mundelein, Niles and Riverwoods.

LoanStreet Releases Performance Analytics for Loan Portfolios

LoanStreet has extended its Performance Analytics suite – previously limited to analyzing loan participations – to an institution’s entire loan portfolio. Now any credit union can leverage these advanced tools for their entire loan book.

SchoolsFirst Federal Credit Union Sponsors Los Rios Community College District Spring Convocation

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as a sponsor of the Los Rios Community College District Spring Convocation, which was held on Friday, Jan. 12, at American River College in Sacramento. In addition to American River College, the Los Rios colleges include Cosumnes River College, Folsom

THINK 24 Theme “Experience is Everything” Unveiled for Annual Event

PSCU/Co-op Solutions today released new details for the upcoming THINK 24 conference scheduled for May 7-10 in Nashville, Tenn. True to this year’s theme, “Experience is Everything,” this highly anticipated annual event promises to ignite change and growth in the credit union movement. Attendees can expect insightful encounters with forward-thinking credit union executives and thought

SafeAmerica Credit Union Raises $10,000 For Local Bay Area Food Banks

SafeAmerica Credit Union’s annual Love To Give holiday food drive was held November 1, 2023 through January 15, 2024. Their food drive directly supports the Alameda County Community Food Bank (ACCFB) and the Food Bank of Contra Costa & Solano.

Aurora Advantage, Powered by CSPI, Signs 5 Credit Union Clients for Aurora Document Solution

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and document management, celebrates as five core clients commit to integrating the adoption of Aurora Document Imaging and Tracking module into their operations. Brittany Mitchell, Collections Manager at Employee Resources Credit Union, shared her excitement. “We

State Department Federal Credit Union appoints Rachel Rust as Chief Experience Officer and promotes Victor Hall to Chief Retail Officer

State Department Federal Credit Union (SDFCU) proudly announces the appointment of Rachel Rust as its new Chief Experience Officer. Rachel brings with her a wealth of experience and expertise in the financial industry, and her arrival marks an exciting new chapter for SDFCU. Additionally, SDFCU is pleased to announce the promotion of Victor Hall to

Eltropy Streamlines In-Branch Experiences With New Lobby Management Solution

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), today announced the launch of Lobby Management – a new capability to create better branch lobby experiences. Part of Eltropy’s Unified Digital Conversations Platform’s suite of Branch Management portfolio, Lobby Management empowers branch managers to manage walk-in customer flow effectively, all while providing members

Universal 1 Credit Union Brand Refresh

Dayton, Ohio – Universal 1 Credit Union (U1) is excited to announce a brand refresh. After careful consideration and planning, we’ve decided to keep the essence of our previous logo by retaining the iconic “U1,” but with a fresh perspective.

Indiana Members Credit Union Contributes $1,600 to Red Pride Booster Club

Indiana Members Credit Union presented a check for $1,600 to the Red Pride Booster Club, which supports Plainfield High School Athletics, as part of an ongoing school spirit debit card program. Since beginning the program in 2017, Plainfield athletics has earned $9,600 through this IMCU giveback program.

Sharetec Signs on 22 New CUs in 2023

Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit unions in 2023.

SchoolsFirst Federal Credit Union Sponsors First Annual Coastal Catholic Classic Basketball Showcase

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the credit union served as a sponsor of the first annual Coastal Catholic Classic basketball showcase. The all-day fan event, held on Jan. 6 at Crypto.com Arena in Los Angeles, is the first-of-its-kind, six-game Catholic high school showcase

Gulf Winds Cares Foundation Announces $25,000 in Scholarships Available for Local Students

Gulf Winds Credit Union is pleased to announce the Gulf Winds Cares Foundation will be awarding $25,000 in scholarships for the 2024-2025 school year. There are five scholarships available to local students in the amount of $5,000 each. Three scholarships will be awarded to high school seniors entering a college or university. One scholarship is

Sharetec Signs on 22 New Credit Unions in 2023

Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit unions in 2023.

Garden Savings Federal Credit Union Awards Three Scholarships

Garden Savings Federal Credit Union, headquartered in Parsippany, NJ, is pleased to announce the recipients of the 2024 Book Scholarship.
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. ...

Garden Savings Federal Credit Union Awards Three Scholarships

Garden Savings Federal Credit Union, headquartered in Parsippany, NJ, is pleased to announce the recipients of the 2024 Book Scholarship.
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. ...

Garden Savings Federal Credit Union Awards Three Scholarships

Garden Savings Federal Credit Union, headquartered in Parsippany, NJ, is pleased to announce the recipients of the 2024 Book Scholarship.

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 Rico (PR).

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 ...

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 for Children’s Miracle Network Hospitals ...

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 will now be available to ...

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. ...
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