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.
Indiana Members Credit Union Contributes $10,000 to Project 44 for Cancer Awareness Card
On behalf of Indiana Members Credit Union members, IMCU recently presented a check for $10,000 to Project 44 as part of its exclusive Cancer Awareness Debit Card Program.
The Minnesota Credit Union Foundation Scholarship Council Awarded TopLine Financial Credit Union Members With Scholarships
TopLine Financial Credit Union is proud to announce three members have received a $1,000 scholarship from the Minnesota Credit Union Foundation Scholarship Council (FSC). A total of $18,000 has been awarded to 18 credit union members in Minnesota for the 2024-2025 school year.
United Federal Credit Union Names New Mortgage Advisor in Grand Rapids, Michigan
United Federal Credit Union (United) is pleased to announce the appointment of Jeff Guion to Mortgage Advisor in Grand Rapids. Guion is based at United’s Grand Rapids Mortgage Production office located at 1600 East Beltline Ave. Suite 111.
Corporate Central Promotes Stephanie Schmidt to Vice President Member Services
Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice President Member Services. In her new capacity, Schmidt will be responsible for orchestrating strategies to optimize member satisfaction, overseeing the implementation of personalized services, and fostering innovative solutions to meet evolving member needs and preferences.
Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch
Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), is pleased to announce the 2024 UW FinTech Pitch. This is the fourth year the two have joined forces to foster innovation through financial technology (FinTech) while engaging with University of Washington students looking to
GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union
Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, 2024 following an approved vote by GOLD members on March 21.
Educational Federal Credit Union Selects John Sapp as Executive Vice President
Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as the credit union’s new Executive Vice President (EVP). This position will place Sapp in a critical role overseeing various functions, including retail delivery, finance, lending, marketing, information technology, and operations. Sapp will be a key
Baker Market Update – Week in Review: March 22, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
INOVA Federal Donates $7,969 To World Council of Credit Unions
INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit card program. When INOVA members use their Global Good Visa card, INOVA donates a portion of the income generated to WOCCU, helping to fund the expansion of affordable financial services
PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents
PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture officer.
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving community bank and credit union loan servicing and collections MILPITAS, Calif. – March 20, 2024 – Eltropy, the leading AI-powered unified conversations platform for community financial institutions, will showcase its
GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires
GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to Assistant Vice President of Business Banking Operations and Title, Chris Grunsten to Assistant Vice President of Fraud Operations and Risk Analytics and the hiring of Jamie Miranda to Vice President
SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards
A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with awards totaling $640,000. The Foundation’s Mission Development Grant Program, which began seven years ago, has been filling unmet financial needs for North Carolina non-profits seeking to strengthen their long-term growth
U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY!
The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top Workplaces national award, presented by USA TODAY. Notably, USSFCU has achieved an impressive ranking of #76 out of more than 1,500 organizations across the nation, underscoring its exceptional workplace environment.
CUAC Funds $3.1 Billion in Quality Performing Loans in 2023
Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in funded loans in 2023. This is an impressive accomplishment considering credit unions are facing difficult times due to challenging economic conditions, diminished , soaring vehicle prices dampening consumer demand, and the implementation costs associated with
Centra Credit Union Announces New Financial Empowerment Line of Business
Hello, Please see attached the press release announcing Centra Credit Union’s new financial empowerment line of business named Onward. If you have any questions, please reach out to Chrissy Bailey, SVP Marketing, at 812-314-0254 or cbailey@centra.org. Thank you!
First Florida Live on Both New Rails
Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ 800.766.4328 Ext.1241▪ mtroha@firstflorida.org Jayda Stallings ▪ Pidgin ▪ 770.337.8351 ▪ Jayda.stallings@pidgin.net Irondale, AL ▪ March 21, 2024 – First Florida Credit Union, headquartered in Jacksonville, FL, is the first credit union to go live on
Indiana Members Credit Union Contributes $1,000 to George Washington High School
Indiana Members Credit Union presented a check for $1,000 to George Washington High School as part of an ongoing school spirit debit card program. Since beginning the program in 2021, George Washington High School has earned $3,000 through this IMCU giveback program.
Where Are You Going? – A Message From Tony Streeter
Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as he dives into marketing strategy, innovation, and transformation within the credit unions industry.
CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle Network Hospitals in California and Nevada at their 19th annual event on March 15, 2024. A total of more than 500 attendees, made up of 64 credit unions, business partners, and hospitals, gathered to support
Gulf Winds Selects Lynn Crear as Director in Training
Gulf Winds Credit Union is pleased to announce the selection of Lynn Crear as the newest Director in Training for the Board of Directors.
Gulf Winds Credit Union Welcomes Ricardo Loya Urena as Vice President of Technology Operations
Gulf Winds Credit Union is pleased to welcome Ricardo Loya Urena to the team as the new Vice President of Technology Operations.
TopLine Credit Union Foundation Awards $30,500 In Scholarships
TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. Additionally, the foundation awarded $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI). TopLine Credit Union Foundation received over 175
CORRECTION to names in photo caption – SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project
SECU Foundation has awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina.
LGE Community Credit Union recognized with MemberXP 2024 Best of the Best Award for Best Transaction Experience, Best Online Banking Experience
LGE Community Credit Union was recently recognized as a recipient of the 2024 Best of the Best Award, a prestigious accolade presented by MemberXP, a leading customer experience program offered through CU Solutions Group.
Baker Market Update – Week in Review: March 15, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
BCU PRESIDENT, CEO MIKE VALENTINE INDUCTED TO CREDIT UNION HOUSE HALL OF LEADERS
Nominated by the Illinois Credit Union League (ICUL), Mike Valentine, BCU President & CEO, was recently inducted into the Credit Union House Hall of Leaders in Washington, D.C., joining a prestigious group of previous inductees from across the country. This distinguished honor provides lasting recognition to credit union leaders past and present whose commitments have
ORIGENCE ANNOUNCES 14 BREAKOUT SESSIONS FOR LENDING TECH LIVE
Origence, the leading lending technology solutions provider for credit unions, announces breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California. This announcement follows the news of Lisa Bodell, Kevin Surace, and Andrew Busch as keynote speakers.
THINK 24 Adds Keynoters: Experts in AI, Organizational Growth to Stimulate New Ideas for Credit Unions
The speaker agenda has expanded with two new noteworthy keynote presenters for THINK 24 from PSCU/Co-op Solutions.
REGIONAL federal credit union Partners with Sharetec to Elevate Its Operations & Member Experience
Sharetec, a leading provider of cutting-edge core processing software for credit unions, is proud to partner with REGIONAL federal credit union (REGIONAL). With branches in Hammond, Portage, Valparaiso, and Winfield, Indiana, REGIONAL looks forward to accelerating its member experience and operational efficiencies with Sharetec.
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