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

Synergent Welcomes Randy Stolp as Its New President

Synergent®, a leading financial technology and services company for credit unions nationwide, is pleased to announce the appointment of Randy Stolp as its new President, effective January 22. Having served in the credit union industry for 22 years, Stolp brings a wealth of experience and a proven track record and is well positioned to lead

TESLA (TSLA) PARTNERS WITH ORIGENCE TO BRING AFFORDABLE CREDIT UNION FINANCING TO ELECTRIC VEHICLE BUYERS

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, have partnered to offer credit union financing to EV buyers through the Tesla website. Origence is leveraging its new licensed subsidiary, FI Connect, to purchase and place retail contracts with partner credit unions nationwide. FI

Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand

Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly 120,000 members and assets valued at over $1.9 billion, is proud to announce a modernized rebrand. For nearly two years, the company engaged trusted partners, members, and residents of the greater Pittsburgh region to define the direction of its new

Day Air Credit Union Receives Prestigious 2023 Award for Community Service

Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio Credit Union League. This accolade is in recognition of Day Air’s significant contributions through the Bridges Program of Choices, Inc., reflecting a deep commitment to social responsibility and community development.

Advia Credit Union commits $40,000 in Youth and WMU Aviation Scholarships

Advia Credit Union is proud to commit $40,000 in scholarships for 2024. Headquartered in Oshtemo, MI, the financial institution is now accepting applications for the Youth Scholarship Program and Cheryl A. DeBoer Soar Higher Award until March 16, 2024. The scholarships include:

SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as the premium sponsor for the Education Leadership Summit presented Nov. 16 at California State University, San Bernardino (CSUSB). The gathering of visionary leaders, educators and educational innovators provided a unique opportunity for its attendees to engage with experts and

Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and document management, proudly announces the signing of three core renewal agreements in December, marking a successful conclusion to 2023. Mike Bass, Director of Sales and Partner Relations, expressed gratitude for the ongoing support and trust

SESLOC Announces CEO Retirement

SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the credit union. LaChance will be succeeded by Executive Vice President/ Chief Financial Officer Mike Quamma. LaChance led SESLOC’s technology infrastructure in place today which includes robust systems and a keen focus on digital technologies that

Coastal Credit Union Names Two New Vice Presidents

Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton has been hired as VP, Marketing. In this role, Shelton and her department will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. She’ll also be responsible for the credit

Maine Savings Federal Credit Union Renews Partnership with Synergent

Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing and a five-year renewal agreement for Opening Act™. Maine Savings also has signed a five-year renewal agreement with Synergent to provide fully integrated debit and credit card processing services

Eltropy Celebrates 600 Customer Milestone

Eltropy, the leading digital conversations platform, announced today it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest fintech company in the CFI space to achieve this milestone. As part of the achievement, the company announced it is boosting investments in Generative AI and product R&D by 36% in 2024. Eltropy’s Generative AI

OCCU celebrates its biggest volunteer year

OCCU team members volunteered more than 4,500 hours in 2023, the biggest year yet for employee volunteerism.

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an exclusive Credit Union Core Processor, founded in 1980, that provides premium software and IT services to the credit union industry. CBS delivers innovative technology and provides credit unions with a solution that is secure, simple,

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces its recent distribution of $65,000 to seven deserving nonprofits. These funds are poised to amplify the significant impact these organizations have both locally in the metropolitan Washington region and on a broader national scale.

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, is proud to announce that Collections Manager, Will Michaels, has successfully completed the prestigious year-long Lead Morris program offered through the Morris County Chamber of Commerce. Lead Morris is a comprehensive leadership development program tailored

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high note, distributing $17,300 to seven worthy recipients across St. Clair, Oakland, and Wayne counties. Grant recipients included: • Deo Gratias Ministries Detroit – $5,000 to stock their food pantry. • The Jenna Kast Believe in

Truliant Promotes Johnson to Chief Financial Officer

WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the role of Chief Financial Officer. Previously, he was senior vice president, controller.

Peach State FCU and Toys for Tots Unite in Holiday Spirit

Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! Every year, the credit union uses their branch locations as convenient drop-off sites for community members to support Toys for Tots.

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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