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.
Gulf Winds Cares Foundation Awards $25,000 in Scholarships
The Gulf Winds Cares Foundation awarded $25,000 in scholarships this year to five outstanding students: Kenna Alverson, Edward Bridges, Garrett Hogan, William Kroger, and John Pinette. Each student received $5,000 to continue pursuing their dreams and passions. Photos of recipients can be found at https://www.gogulfwinds.com/news/gulf-winds-cares-foundation-provides-scholarship-funding-2024/
LGE Community Credit Union celebrates grand opening of newly relocated Roswell branch
On Thursday, May 9, LGE Community Credit Union celebrated the official grand opening of its Roswell branch, located at 655 Holcomb Bridge Road, Roswell, GA 30076. The newly relocated branch allows LGE to better serve members in the Roswell and North Fulton communities.
Civic Local Foundation awards 125K in college scholarships
Civic Local Foundation, made possible by funding from Civic and Local Government Federal Credit Unions (LGFCU), is proud to announce that 25 students from various locations across N.C. have been granted the Civic Local Foundation Scholarship, each valued at $5,000. Since its inception, the award program has disbursed nearly $3 million in scholarship funds, bolstering
cPort Credit Union Joins Velera’s Co-op ATM Network, Benefiting Credit Union Members Throughout Maine
Velera – formerly PSCU/Co-op Solutions – has announced that cPort Credit Union has joined the Co-op ATM network.
Eltropy EMERGE 2024 User Conference Brings the Hottest Topics for Credit Unions into Focus, Launches Customer Community
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), hosted its annual EMERGE 2024 user conference last week in Santa Clara, California. The sold-out event brought together 250+ credit union leaders, industry innovators, and Eltropy experts to learn about the latest technologies shaping the future of community banks and credit unions. Eltropy also
GTE Financial Promotes Julie Smith To Assistant Vice President Of Internal Auditing
Locally owned and operated credit union GTE Financial is pleased to announce the promotion of long-time team member Julie Smith from Internal Auditing Manager to AVP of Internal Auditing as part of its ongoing commitment to nurturing internal talent.
United Federal Credit Union Branch Manager Named to South Bend Regional Chamber’s 40 Under 40 List
United Federal Credit Union Branch Manager, Fares Farhan was named to the South Bend (Indiana) Regional Chamber’s 2024 40 Under 40 List.
First Harvest Supports Camden Youths Through The Martha F. Wilson Memorial Scholarship
Deptford, NJ – May 17, 2024 – First Harvest Credit Union has been proudly supporting the Martha F. Wilson Memorial Scholarship since its inception. This year’s recipient is Bryanna Mahan, from Dr. Charles E. Brimm Medical Arts who exemplifies her community service, school spirit, and positive character traits through her academic achievements and long-standing community
OCCU adds new VP
OCCU is excited to announce that Cheleana Stafflund has been promoted to vice president of retail operations.
Baker Market Update – Week in Review: May 17, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
QuantyPhi’s White Paper | Strategic Mortgage Servicing Rights Valuation
In the ever-evolving landscape of mortgage servicing rights (MSR) valuation, precision and foresight are paramount for financial institutions. QuantyPhi, a balance sheet optimization CUSO, recently released a groundbreaking white paper, Mortgage Servicing Rights Valuation with an ALM Focus.
U.S. Senate Federal Credit Union President & CEO Timothy L. Anderson named one of the Most Influential CEOs Making a Difference
United States Senate Federal Credit Union (USSFCU) is proud to announce that President and CEO Timothy L. Anderson has been named one of “The Most Influential CEOs Making a Difference for 2024” in the May 2024 issue of CIO Views, a business magazine that focuses on emerging CIOs, their journey, views on current economic states
Corporate Central Conducts Annual Meeting and Announces Board of Directors
On Thursday, May 9, Corporate Central hosted its 43rd Annual Meeting at the La Crosse Center in La Crosse, Wisconsin. The credit union was delighted to participate in The Wisconsin Credit Union League’s Annual Convention & Exposition, which coincided with the annual meeting. Delegates from member credit unions gathered in person for the meeting, while
Peach State FCU President/CEO Celebrates 30 Year Anniversary
Lawrenceville, GA (May 14, 2024) – Peach State FCU is excited to celebrate President/CEO Marshall Boutwell’s 30th anniversary with the credit union. In honor of his years of service, Peach State’s Board of Directors and Executive team created two $5,000 scholarships for veterans seeking to expand their education to enhance their long-term career opportunities. The
Centra Credit Union announces Loretta M. Burd Scholarship recipients
Each year, the Centra Foundation awards one $2500 scholarship per Centra service center to graduating high school seniors, in addition to a number of adult scholarships. This year, the Foundation awarded 28 high school scholarships, six adult scholarships and two Team Member scholarships. This means a total of $90,000 was awarded to students in Centra’s
Arkatechture Joins CUNA Strategic Services as a New Alliance Provider
CUNA Strategic Services (CSS) is pleased to announce its new alliance with Arkatechture, a technology company dedicated to empowering organizations with a better understanding of their business through data.
Envisant Empowers a Competitive Advantage with Harness Partnership
Envisant, a leading provider of data-driven solutions for the financial industry, today announced a partnership with Harness, an impact-focused financial technology company dedicated to translating credit unions’ people-first approach into a competitive advantage.
Baby Supplies Donated By TopLine Financial Credit Union Members And Employees
TopLine Financial Credit Union held their third annual diaper and wipe drive during the month of April benefitting three local non-profits. TopLine members and employees generously donated diapers, wipes, and other baby care items to help bring comfort to families in need in our local communities.
Velera Announces Charitable Giving at THINK 24 Conference Reaches $140,000
Velera – formerly PSCU/Co-op Solutions – announced a total of $140,000 was raised in charitable and philanthropic donations at the THINK 24 conference.
USSFCU Celebrates National Peace Officers Memorial Day with Special Recognition of United States Capitol Police
In observance of Peace Officers Memorial Day, the United States Senate Federal Credit Union (USSFCU) is proud to honor the dedication and service of the United States Capitol Police by hosting a special breakfast for the 1,250 officers on duty today. Established in 1828, the U.S. Capitol Police have served as guardians of the Capitol
Eltropy Launches Voice+, Unifying Voice and Digital for Community Financial Institutions
Eltropy, a pioneering conversations platform for credit unions and community banks, today launched Voice+, integrating traditional voice capabilities with digital channels like text messaging, video, and chat into a unified contact center solution. Voice+ provides a “single pane of glass” experience for agents to seamlessly handle voice and digital interactions, with unified routing, AI agents
GTE Financial’s General Counsel Honored As One Of Tampa Style Magazine’s Top Women In Law
Locally owned and operated credit union, GTE Financial is thrilled to announce its General Counsel, Marie D. Campbell has been named one of Tampa Style Magazine’s Top Women In Law.
ORIGENCE ANNOUNCES CUES CEO HEATHER MCKISSICK TO SPEAK AT LENDING TECH LIVE
Origence, the leading lending technology solutions provider for credit unions, announces a special Women’s Leadership Luncheon with guest speaker Heather McKissick, CEO of CUES, at this year’s annual Lending Tech Live event scheduled on June 26, 2024, at the Marriot Marquis in San Diego, California.
Baker Market Update – Week in Review: May 10, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Business North Carolina Names SECU CEO Leigh Brady Among North Carolina’s Most Influential Leaders
Business North Carolina recently announced its selection of North Carolina’s most influential leaders, naming State Employees’ Credit Union (SECU) President and CEO Leigh Brady to the magazine’s 2024 Power List. Brady was featured among the state’s most prominent individuals in the finance and insurance industry. Brady became president and CEO of the country’s second largest
myCUmortgage Names Ben Rempe as its New President
Rempe to lead organization that provides comprehensive mortgage solutions to credit unions nationwide
Illinois Credit Union League Launches Association Health Plan
The Illinois Credit Union League (ICUL), in partnership with Stumm Insurance, a leading provider of employee benefits, is pleased to announce the launch of the Illinois Credit Union League Association Health Plan (AHP).
Alogent and Antuar Partner to bring Branch Banking into the Digital World
Alogent, an innovator in end-to-end deposits automation, enterprise content and information management, and digital banking solutions for financial institutions, today announced a partnership with Antuar to provide integrated end-to-end check processing capabilities for teller capture. Together, Alogent’s Unify, and Antuar’s inBranch Transact, bring modern capabilities to banks and credit unions looking to refresh their teller
CU Alliance® and the Houston Chapter of Credit Unions Raise Record Funds for Charities and Educational Scholarships with Annual Golf Tournament
Houston, TX – May 8, 2024 – CU Alliance®, a leading Credit Union Service Organization headquartered in Houston, proudly announces that this year’s Annual Golf Tournament, held in partnership with the Houston Chapter of Credit Unions, has raised a record-breaking $56,405 for chapter charities and educational scholarships.
Coastal Credit Union Surpasses $5 Billion in Assets
Coastal Credit Union announced today that it has reached $5 billion in assets. Coastal initially hit the $5 billion mark at the end of January, and growth has continued through the spring. Through the end of April, Coastal’s assets are $5.148 billion.
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth
Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation
Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs
First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience
SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker
GreenState appoints new Chief Risk Officer, Ryan Gage
Chartway Credit Union Expands with New Branches, Products, & Services
United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana
GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles
United Federal Credit Union Names New Mortgage Advisor in Battle Creek
Maine Credit Union Grows Assets by More Than 60%
INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service
NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference
Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger
Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast
SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships
Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation
Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience
Cetera Welcomes Eglin Federal Credit Union
Horizon Helps Build a Better Future With $10,000 Donation
GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams
Coastal Credit Union Collecting Toys for Tots
Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services
LGE Community Credit Union wins two Marketing Association of Credit Unions awards
INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth
Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation
Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs
First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience
SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker
GreenState appoints new Chief Risk Officer, Ryan Gage
Chartway Credit Union Expands with New Branches, Products, & Services
United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana
GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles
United Federal Credit Union Names New Mortgage Advisor in Battle Creek
Maine Credit Union Grows Assets by More Than 60%
INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service
NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference
Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger
Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast
SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships
Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation
Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience
Cetera Welcomes Eglin Federal Credit Union
Horizon Helps Build a Better Future With $10,000 Donation
GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams
Coastal Credit Union Collecting Toys for Tots
Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services
LGE Community Credit Union wins two Marketing Association of Credit Unions awards
INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth