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.

SECU Awarded PLANSPONSOR of the Year for Its Total Retirement Offering for Employees By State Employees’ Credit Union

State Employees’ Credit Union (SECU) has been named 2024 PLANSPONSOR of the Year for its Total Retirement Offering provided to the more than 10,000 active and retired SECU employee plan participants.

State Employees’ Credit Union June 14, 2024

Optimizing Collections: Mitigating Risk Management in Estate Recovery By TriVerity

Inflation has affected many aspects of the economy, with the cost of nearly everything rising – from non-discretionary expenses like food and housing to discretionary activities like entertainment and travel. Estate planning, while not something top of mind for most people, has also been affected. According to Caring.com’s 2024 Wills and Estate survey, a mere

TriVerity June 13, 2024

BECU Expands Financial Services for South King County Members with New White Center Location By BECU

BECU, Washington’s largest credit union, today announced its plans to open a new Neighborhood Financial Center (NFC) in the White Center neighborhood of Seattle.

BECU June 13, 2024

Envisant Partners with Clutch By Envisant

Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit unions to fulfill their digital aspirations and better serve members. I hope you’ll share this great news with your networks and please let me know if you have any questions!

Envisant June 13, 2024

ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors By American Credit Union Mortgage Association (ACUMA)

The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing Board of Directors, which provides guidance to ACUMA on how best to serve its growing membership. The Volunteer Board Member will provide guidance for the non-profit association.

American Credit Union Mortgage Association (ACUMA) June 13, 2024

Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union By Redwood Credit Union

Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union.

Redwood Credit Union June 13, 2024

Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub By State Employees’ Credit Union

SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in Macon County. A groundbreaking kicked off the initiative to bring greater access to healthcare and supportive services for low-income and uninsured adults in Cherokee, Clay, Graham, Jackson, Macon, and Swain counties.

State Employees’ Credit Union June 13, 2024

Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies By Eltropy

AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, Calif. – June 13, 2024 – Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is hosting a series of webinars, providing timely guidance on combating fraud and dealing with the impact of

Eltropy June 13, 2024

Baker Market Update – Week in Review: June 07, 2024 By The Baker Group, LP

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

The Baker Group, LP June 11, 2024

CU Student Choice Announces Denise Stevens as New Board Member

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that Denise Stevens, EVP and Chief Product Officer for Velera (formerly PSCU/Co-Op Solutions), has been appointed to the organization’s Board of Directors.

Michael Weber June 11, 2024

SchoolsFirst FCU Honors Innovative School Superintendent and District at 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 District Team Award to Joseph Clevenger, superintendent of Bonsall Unified School District in Bonsall, Calif., as part of the Innovation in Education Awards program held May 16 at SeaWorld San Diego

Robert Martin June 11, 2024

Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine By Coastal Federal Credit Union

Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best Employers. This is the seventh time that Coastal has won the award over the past eight years, and it marks the tenth year in a row that the credit union has earned at least one

Coastal Federal Credit Union June 11, 2024

Coastal Credit Union Hires Doreen Duffy, VP of Human Resources By Coastal Federal Credit Union

Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute Coastal’s human resources strategy in support of the credit union’s overall strategic plan. She will be responsible for succession planning, talent management, performance management, benefits, and compensation. She and her team will work proactively with

Coastal Federal Credit Union June 11, 2024

Yolanda Ford to Retire from the NASCUS Regulator Board of Directors By NASCUS

The National Association of State Credit Union Supervisors (NASCUS) is announcing that Yolanda Ford will retire from the NASCUS Regulator Board of Directors on Monday, June 3, 2024. Ms. Ford, the Deputy Superintendent of the Community and Regional Banks Unit within the New York State Department of Financial Services, has been a champion for the

NASCUS June 7, 2024

Alogent Introduces Enhanced AccuAccount Features to Strengthen Loan Document Management Compliance, Aligned with Dodd-Frank Act Standards for Demographic Data Protection By Alogent

Alogent announced the release of AccuAccount v24.0, inclusive of new features that ensure compliance with the Equal Credit Opportunity Act, Section 1071 of the Dodd-Frank Act. These enhancements enable financial institutions to safeguard documents containing sensitive demographic data from users involved in lending decisions, promoting fairness and impartiality in the lending process.

Alogent June 7, 2024

Advia Credit Union proud to announce Recent Key New Hires and Promotions By Advia Credit Union

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These updates demonstrate the credit union’s commitment to nurturing talent, recognizing accomplishments, and solidifying its reputation as a dependable financial partner.

Advia Credit Union June 5, 2024

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students By Day Air Credit Union

Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 Bettina L. Buscemi Memorial Scholarship. The Bettina L. Buscemi Memorial Scholarship is in memory of Bettina L. Buscemi, a long-time valued Day Air Credit Union associate. This scholarship is awarded annually to local students who

Day Air Credit Union June 4, 2024

Baker Market Update – Week in Review: May 31, 2024 By The Baker Group, LP

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

The Baker Group, LP June 4, 2024

Corporate Central Welcomes Laurie Butz as New Board Member Following Retirement of Eric Chrisinger By Corporate Central Credit Union

After 15 years of dedicated volunteer service, including serving as Chair from 2017 to 2019, Eric Chrisinger, President/CEO of Co-op Credit Union in Black River Falls, Wisconsin, has retired from the Corporate Central board of directors. To fill the vacant board position, the Corporate Central board unanimously appointed Laurie Butz, President/CEO of Capital Credit Union

Corporate Central Credit Union June 4, 2024

Corporate Central Welcomes Clare Krupar as Accounting and Office Assistant By Corporate Central Credit Union

Corporate Central is pleased to announce the hiring of Clare Krupar as Accounting and Office Assistant. In this role, Krupar will support the tasks and goals of the accounting department, providing essential assistance for organizational tasks and events.

Corporate Central Credit Union June 4, 2024

SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024 By SchoolsFirst Federal Credit Union

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that the Credit Union raised more than $10,900 for Children’s Hospital Los Angeles (CHLA) through participation at the CHLA Walk & Play L.A. 2024 annual fundraising event, and through a fundraising campaign held in

SchoolsFirst Federal Credit Union June 4, 2024

For Immediate Release: Mission City Federal Credit Union Appoints Kamil Sakici as Chief Executive Officer By Humanidei

Santa Clara, CA – June 4, 2024. The Board of Directors of Mission City Federal Credit Union is pleased to announce the appointment selection of Kamil Sakici as the credit union’s new Chief Executive Officer. Mr. Sakici will succeed Mr. David Waterman, who is retiring after 12 years of dedicated service. “We are excited to

Humanidei June 4, 2024

Tasha Kostick Appointed to Corporate One Federal Credit Union’s Board of Directors By Corporate One Federal Credit Union

Corporate One Federal Credit Union announced today that Tasha Kostick, senior vice president and chief financial officer at 1st Northern California Credit Union in Martinez, Calif., has been appointed to a one-year term on Corporate One’s Board of Directors, effective May 13, 2024.

Corporate One Federal Credit Union June 4, 2024

Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year By SchoolsFirst Federal Credit Union

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire IMAX Theatre and Sacramento State’s College of Education, today announced that Holly Gotwals of Rocklin Unified Adult Transition Program has been named 2023/2024 Esquire IMAX Teacher of the Year. The prestigious award was presented during

SchoolsFirst Federal Credit Union May 31, 2024

Encurage Financial Network Credit Union Members Vote in Favor of GLCU Merger, Legal Day 1 Upcoming By Great Lakes Credit Union

Chicago, Ill. (May 29, 2024) – On May13, encurage financial network credit union (EFNCU) members voted in favor of the upcoming merger with Great Lakes Credit Union (GLCU). EFNCU members will become members of GLCU on June 1, 2024, which is the official merger date. The combined organization will operate under the unified brand name

Great Lakes Credit Union May 31, 2024

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

For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). Rick Stafford, Tower’s President and CEO, credits Tower’s exceptional team of employees and the credit union’s service-driven, people-oriented culture as the reason for the recognition. “Our Great Place to Work

Tower Federal Credit Union May 31, 2024

United Federal Credit Union Names New Mortgage Advisor in Mishawaka By United Federal Credit Union

United Federal Credit Union is pleased to announce the appointment of Justin Prawat to Mortgage Advisor in Mishawaka, Indiana. Prawat is based at United’s Edison Lakes branch located at 4840 N. Main Street in Mishawaka.

United Federal Credit Union May 31, 2024

Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation By Greater Texas Federal Credit Union

Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The credit union gave a $10,000 matching donation to the campaign to motivate more Aggies to support this great cause.

Greater Texas Federal Credit Union May 31, 2024

eDOC and VisiFI Launch an e-Sign Collaboration By eDOC Innovations

eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider have collaborated to build multiple e-Sign integration points for their mutual credit union customers. The end-to-end integration involves VisiFI’s Digital Account Opening, Direct Lending platforms as well as i-POWER® core.

eDOC Innovations May 31, 2024

SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships By SchoolsFirst Federal Credit Union

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union has awarded $184,500 in college scholarships to 239 students as part of its annual Member Education Award scholarship program for 2024. Launched in 2000, the scholarship program was established to improve the lives of SchoolsFirst

SchoolsFirst Federal Credit Union May 30, 2024