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.
TopLine Financial Credit Union Members And Employees Donate Bedding Items
TopLine Financial Credit Union held their fourth annual Bedding Drive during the month of February benefiting four local non-profits, Avenues for Youth, Karen Organization of Minnesota, MORE Community Services and YMCA of the North Youth and Family Services. TopLine members and employees generously donated bedding items of pillows, sheet sets, comforters and blankets to help
GTE Financial Makes Students’ Dreams A Reality One Putt At A Time At 11th Annual Student Scholarship Scramble
Leading not-for-profit credit union GTE Financial is thrilled to host its 11th annual Scholarship Scramble Golf Tournament to raise funds for the GTE Student Scholarship program. The tournament will take place on Monday, March 25, at The Bayou Club. Registration opens at 10:30 AM, and the tournament will begin at noon.
SchoolsFirst Federal Credit Union Sponsors Cal Poly Pomona Partners in Education (PIE) Fellowship Awards
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as a sponsor for Cal Poly Pomona’s 18th annual Partners in Education (PIE) Fellowship Awards Ceremony on Feb. 8 , where 28 Cal Poly education students received fellowships of up to $4,000 to support their clinical practice experience. During the
CreditUnions.com Announces 2024 Innovation Series Winners
After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava Fraud: Illuma Lending: Open Lending Member Experience- AI Edition: Glia Payments: Alloya Corporate FCU
United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion
The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) to its headquarters for a dynamic and insightful strategic roundtable discussion. Led by USSFCU President & CEO Timothy Anderson and featuring key executives from both organizations, the gathering facilitated a robust exchange
CU Alliance Announces Expanded Partnership with Las Colinas FCU to Offer CU Certified™ Vehicle Service Contracts
Houston, TX | March 11, 2024 – CU Alliance® (CUA), a leading Credit Union Service Organization (CUSO) based in Houston, is excited to announce the expansion of its partnership with Las Colinas Federal Credit Union (LCFCU). Building upon the successful collaboration initiated in December 2023 within the CUSO’s Mortgage Program, this significant development highlights both
Jason Endsley Joins Greater Texas to Oversee, Expand Payment Services
Greater Texas Credit Union has added seasoned payments professional Jason Endsley to its management team as Vice President, Payments Strategy & Operations.
Centra Credit Union welcomes Jessica Cecil as new VP Commercial Relationship Manager
Hello, Please see the attached press release announcing Jessica Cecil as Centra’s new VP Commercial Relationship Manager, serving Centra’s southern region. If you have any questions, please reach out to Chrissy Bailey at cbailey@centra.org or 812-314-0254.
United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members
United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was invited to attend a meeting with Federal Reserve Board Vice Chair, Philip Jefferson, with other credit union leaders to discuss pivotal matters impacting the credit union sector. Delving into the strategy of rate changes slated for 2024 and the broader economic landscape,
40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the results of a nationwide survey of more than 1,000 Americans about consumer expectations and preferences in financial services. The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with
SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project
SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina. The Foundation’s grant will help fund a capital campaign project to meet the current and future needs of their residential programs.
Indiana Members Credit Union Contributes $498 to Johnson Memorial Hospital Foundation
Indiana Members Credit Union presented a check for $498 to Johnson Memorial Hospital Foundation as part of an ongoing debit card giveback program.
Connect FSS Selects Vertifi Software for FedNow Instant Payments Solution
Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly owned CUSO of EasCorp, to implement the systems and technology required for Connect’s instant payments solution for the FedNow® Service.
Prizeout partners with credit unions to launch CashBack+
Prizeout, the advertising and financial technology company that helps put money back into people’s pockets, has launched CashBack+, a white label solution for credit unions and their members. CashBack+ is a suite of products that lets credit union members earn instant cash back while they shop and lets credit unions grow their non-interest income by
United Federal Credit Union Names Jennifer Strefling Director of Internal Audit
United Federal Credit Union (United) has appointed Jennifer Strefling as Director of Internal Audit at its corporate headquarters in St. Joseph, Michigan.
PSCU/Co-op Solutions Finalize Agenda and Events for Member Forum 2024
PSCU/Co-op Solutions has announced the final keynote speaker and panel participants for Member Forum 2024.
New Hire Press Release from The Baker Group
We are excited to announce the hiring of Jeff Varner to lead our loan trading team and bolster Baker Loan Solutions. Jeff’s extensive knowledge and expertise will immediately increase the capabilities and reach of our loan group. On top of whole loan trading and loan participations, Jeff also specializes in partnering strategically with the growing
25 Sharetec CUs Signed on to SavvyMoney in 2023
Sharetec, a leading innovator in core processing software, signed 25 credit union partners to SavvyMoney in 2023.
ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023
Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023. In addition, the division added 40 new credit union enrollments, broadening its services to encompass underwriting across multiple systems, direct lending, and retail financing support. Services beyond the division’s traditional indirect
Member Home Loan Welcomes River City FCU to Expand Mortgage Offerings
Houston, TX | March 6, 2024. Member Home Loan® (MHL), a leading mortgage service provider and subsidiary of CU Alliance, is thrilled to announce its partnership with River City Federal Credit Union, a cornerstone of financial support for the San Antonio community since 1936.
At TruChoice Federal Credit Union, donating to local charities is as easy as swiping your credit card
TruChoice members choose to be a ‘TruHero’ every time they use their TruHero credit card. A portion of the interchange income is donated to the Barbara Bush Children’s Hospital (via the Children’s Miracle Network) or the McAuley Residence. Last year, $21,173 was donated to these respected organizations, bringing the total since the card’s introduction in
Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise
Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. This strategic move allows the corporate credit union to dedicate an expert executive to educate, train, and give back to the movement by teaching and instructing on everything related to balance sheet management and risk
Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management
QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as the new CUSO President. This comes following a recent announcement by previous President, Kevin P. Chiappetta, CFA, to take on a new, exciting role as Senior Vice President/Chief Education & Research Officer with Corporate Central
Baker Market Update – Week in Review: March 1, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Blue Federal Credit Union’s Merger with Aventa Credit Union Is Official
Aventa Credit Union, based in Colorado Springs, has fully merged with Blue Federal Credit Union, based in Cheyenne Wyoming. The merger was approved by Aventa members on February 26, 2024, and officially takes effect on March 1.
OCCU announces three new leaders
OCCU has added three new members to its leadership team: Courtney Cook, Justin Lu and Tim Strinz.
Indiana Members Credit Union Announces New Lawrence Central High School Debit Card
Indiana Members Credit Union announces it has partnered with Lawrence Central High School to offer a Lawrence Central Bears themed debit card.
CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE
Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give
CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE
Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give
Cambio Launches New CUSO, AviaryAI
Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the financial industry’s first outbound AI sales team. Backed by industry leaders, Envisant and Encurage Financial Network, AviaryAI brings decades of combined data, AI, and credit union experience to revolutionize member service.
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