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

United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials

As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the United Nations Federal Credit Union (UNFCU), a credit union founded by UN staff, has joined its industry-led initiative. UNFCU’s commitment to PCAF reinforces the importance of international collaboration as the global economy continues its transition

LGE Community Credit Union announces 2024 scholarship program for high school seniors

LGE Community Credit Union is accepting applications for its 2024 scholarship program through March 29, 2024. The annual scholarship program helps exceptional high school seniors from our communities attend the college, university, or technical school of their dreams by providing them with a $2,500 scholarship.

INOVA Federal Raises over $4,500 for Special Olympics Indiana

Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics Indiana is a nonprofit organization that is a part of the global Special Olympics movement, using sport, health, education, and leadership programs every day around the world to end discrimination against and empower people with

Conquering Collection Challenges: Five Common Obstacles and Strategies for Success

The collection industry faces persistent challenges in navigating the complexities of the job. From day-to-day issues that arise to high-level hurdles, there is much to overcome to achieve a thriving collection department. It is crucial to identify, evaluate and address the various challenges within your workplace now in order to be better equipped to handle

SchoolsFirst FCU Celebrates 2023 Year of Giving to Children’s Miracle Network Hospitals

SchoolsFirst FCU, the largest credit union serving school employees and their families, today announced that it contributed more than $365,000 in 2023 – through a combination of corporate donations and fundraising – to support Children’s Miracle Network Hospitals (CMNH) and designated children’s hospitals in California, including Children’s Health of Orange County (CHOC), Children’s Hospital Los

Corporate Central Welcomes Charlie Zanayed to Board of Directors

Corporate Central is proud to announce the appointment of Charlie Zanayed to its Board of Directors. The Board unanimously selected Zanayed, CEO of CoVantage Credit Union based in Antigo, WI, to fill the vacant position.

Connects Federal Credit Union Selects James McBride As President/CEO

Richmond, VA, February 26, 2024. The Board of Directors of Connects Federal Credit Union is pleased to announce the selection of James McBride as the credit union’s new President/Chief Executive Officer. Mr. McBride will succeed Ms. Evelyn Dowdy, who is retiring after serving in the role for nearly 26 years. “On behalf of the Board,

OCCU recognized with four awards

OCCU has been honored with four awards for exceptional workplace culture, community engagement and sustainability.

The Largest Credit-Union Advocacy Event to Showcase Eltropy’s AI-Powered Unified Digital Conversations Platform

The Largest Credit-Union Advocacy Event to Showcase Eltropy’s AI-Powered Unified Digital Conversations Platform Eltropy CEO Ashish Garg, a staunch advocate for credit unions, will demonstrate how Generative AI is transforming community financial institutions at the Governmental Affairs Conference MILPITAS, Calif. — February 26, 2024 — Eltropy, the leading AI-powered conversations platform for community financial institutions

SESLOC Announces New SVP/Chief Information Officer

San Luis Obispo, California.- SESLOC Credit Union announced today that Shawn Mulqueeney has been selected as the new Senior Vice President/Chief Information Officer. With 25 years of credit union leadership, Shawn Mulqueeney will officially join SESLOC on April 1.

OUR Credit Union Selects Andre Vygnanski as Chief Experience Officer (CXO)

Royal Oak, MI – February 20, 2024. OUR Credit Union is pleased to announce the hiring of Andre Vygnanski as its new Chief Experience Officer (CXO). This is a newly created position for the credit union, placing Vygnanski in a critical role driving innovation and enhancing the overall member experience. Vygnanski will work closely with

Education Foundation for California Schools Announces Grant Recipients for 2023 Applicants

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that it awarded 142 grants to teachers throughout the state to help fund programs designed to encourage students to learn and excel in the core subjects of language arts, science and

First Harvest Credit Union Announces Proposed Spin-off of its Williamsport, Pennsylvania Branch to Members 1st Federal Credit Union

Deptford, NJ & Enola, PA– February 21, 2024 – First Harvest Credit Union (First Harvest), New Jersey’s second largest credit union by membership, has announced that it has received approval from the National Credit Union Administration (NCUA) for the proposed spin-off of its Williamsport, PA branch location to Pennsylvania-based Members 1st Federal Credit Union (Members

Local Credit Unions Announce Record-Setting Commitment to Solar Financing

As local leaders in renewable energy financing, Franklin First Federal Credit Union (Franklin First) and UMassFive College Federal Credit Union (UMassFive) are thrilled to announce unprecedented success in solar lending volume in 2023. Reflecting upon a record-setting year for both credit unions, during which Franklin First financed 86 installations totaling $2,746,489, and UMassFive financed 1,272

ORIGENCE KICKS OFF 30TH ANNIVERSARY CELEBRATING $550+ BILLION MILESTONE IN CREDIT UNION LOANS FUNDED

Origence, the leading lending technology solutions provider for credit unions, celebrates its 30th year of operations in 2024 reaching a historic achievement of funding $551.2 billion in loans. The company also announced its network expansion to include 20,000 auto dealerships across the U.S. serving the more than 1,100 network credit unions and their 64 million

TopLine Financial Credit Union Helps High School Students With Job Readiness

TopLine Financial Credit Union participated in Osseo Senior high School’s mock interview day, a training exercise that stimulates a real-life job interview. Eight TopLine employees volunteered their time to interview Osseo High School students to help prepare them for post-secondary education options, future career exploration and to develop interviewing skills.

OCCU Foundation supports community in wake of ice storm

When a debilitating ice storm rattled OCCU’s community in January 2024, downing power lines, causing property damage and making roads impassable, the credit union stepped up.

St. Lawrence Federal Credit Union Signs Renewal Agreement with Synergent

Synergent® is pleased to announce St. Lawrence Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing, Opening Act™, and iPay Consumer Bill Pay. St. Lawrence FCU has also signed a seven-year renewal for numerous additional services provided by Synergent.

TopLine Financial Credit Union Members And Employees Bring Comfort To Those In Need This Winter

TopLine held their third annual Winter Gear Drive during the month of January benefitting local non-profits, African Education and Health Initiative, Avenues for Youth, MORE Community Services and YMCA of the North Youth and Family Services. When the program ended TopLine employees and members had donated over 603 winter gear drive items and $830 in

GTE FINANCIAL OPENS SUBMISSIONS FOR 13TH ANNUAL SCHOLARSHIP PROGRAM

GTE Financial continues to support education in the Tampa Bay community with its 13th annual student scholarship program. The credit union will grant 26 students $3,000 each to support student members’ education and reward young adults dedicated to academic pursuits and community involvement.

United Federal Credit Union Names New Mortgage Advisor in Rogers

United Federal Credit Union (United) is pleased to announce the appointment of Joe Treece to Mortgage Advisor in Rogers. Treece is based at United’s Promenade branch located at 2000 S. Promenade Blvd. in Rogers.

Maine Credit Unions’ Campaign for Ending Hunger Announces New Fundraising Milestone

At a ceremony hosted by the Maine Credit Union League, Maine Credit Unions’ Campaign for Ending Hunger, announced it raised $1,221,868.94 in food and cash donations in 2023—marking a new fundraising milestone for the Campaign and exceeding its annual fundraising goal by over $200,000.

Technology

Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels

Alogent launched Alogent Shield, an advanced set of comprehensive features designed to tackle the rising threat of check fraud across ...
Strategic Partnerships

Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures

Aggieland Credit Union funded $53,000 in short-term business loans for 12 student teams participating in the 2024 Texas A&M Mays ...
Technology

Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024

Eltropy, the leading AI-powered conversions platform for community financial institutions (CFIs), today announced that Co-founder and CEO Ashish Garg will ...
Making A Difference

TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need

Dogs are known for their ability to provide emotional support, reduce stress, encourage physical activity, and foster social connections, which ...
Making A Difference

Coastal Credit Union School Supply Drive Benefits 29 Local Schools

Coastal Credit Union recently delivered nearly 11,000 school supplies to 29 Elementary schools throughout the counties that the credit union ...
Personnel Promotions

United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth

United Federal Credit Union (United) is pleased to announce the appointment of Renee Johnson as Chief Commercial Officer (CCO). Johnson ...
Strategic Partnerships

Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation

Sharetec, a leading provider of core software and digital innovations, is thrilled to announce its new partnership with Kentucky-based credit ...
Other

Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs

CONTACT: Cecilia Ashe, Chief Operations Officer FOR IMMEDIATE RELEASE PHONE: (480) 967-9475 EMAIL: cashe@landingscu.org WEBSITE: https://www.landingscu.org LANDINGS CREDIT UNION SECURES ...
Strategic Partnerships

First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience

First Hope Bank, a family-owned community bank in New Jersey established in 1911, has formed a strategic partnership with Arkatechture, ...
Other

SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker

American Banker has named State Employees’ Credit Union (SECU) President and CEO Leigh Brady as one of the “Most Powerful ...
Operations & HR

GreenState appoints new Chief Risk Officer, Ryan Gage

GreenState Credit Union is pleased to announce the appointment of Ryan Gage as its new Chief Risk Officer. Gage comes ...
Investments

Chartway Credit Union Expands with New Branches, Products, & Services

Chartway Credit Union is pleased to announce several initiatives that expand its footprint and enhance service offerings, reflecting its commitment ...
Personnel Promotions

United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana

United Federal Credit Union is pleased to announce Crystal Hudson and Shannon Schock have been promoted to Branch Manager positions ...
Personnel Promotions

GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles

GTE Financial is excited to announce the promotions of two distinguished leaders within the organization. Manny Aguilar has been elevated ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Jennifer Cooper to Mortgage Advisor in Battle Creek. ...
Strategic Partnerships

Maine Credit Union Grows Assets by More Than 60%

TruChoice Federal Credit Union increased assets more than 60% over five years by moving in-house systems to one consolidated external ...
Making A Difference

INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service

Samuel Kamwenji, Manager of Community Relations and Business Development at INOVA Federal Credit Union, received the Minority Business Excellence Award ...
Other

NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference

San Antonio, TX – October 4, 2024 – The National Council of Firefighters Credit Unions (NCOFCU) is proud to announce ...
Making A Difference

Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger

LEWISTON, ME – Maine Family Federal Credit Union proudly announced the success of its recent “Strapped for Cash” fundraiser, held ...
Making A Difference

Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast

SafeAmerica Credit Union proudly announces that Amrita Prasad, a key leader in its financial team, recently participated in the latest ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Technology

Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation

Eltropy, the leading conversations platform for community financial institutions (CFIs), showcased its innovative safe AI technology at VentureTech 2024, held ...
Technology

Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience

Advia Credit Union, serving nearly 200,000 members across Michigan, Wisconsin, and Illinois, is excited to share that it now offers ...
Investments

Cetera Welcomes Eglin Federal Credit Union

Florida -based credit union with 70-year track record to collaborate with Cetera Financial Institutions to grow and deliver member-focused investment ...
Making A Difference

Horizon Helps Build a Better Future With $10,000 Donation

SPOKANE VALLEY, WA, November 4, 2024 – Horizon Credit Union helped secure the future of local families by awarding $10,000 ...
Personnel Promotions

GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams

GTE Financial is excited to announce the promotions of two key leaders within its Talent Organization. Josh Lansing has been ...
Making A Difference

Coastal Credit Union Collecting Toys for Tots

Coastal Credit Union has partnered with iHeart Radio and the United States Marine Corps to sponsor this year’s Toys for ...
Strategic Partnerships

Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services

As part of its ongoing efforts to help more credit union members with homeownership, myCUmortgage is excited to announce six ...
Marketing

LGE Community Credit Union wins two Marketing Association of Credit Unions awards

LGE Community Credit Union is proud to announce that it has been recognized with two awards from the Marketing Association ...
Charity Events

INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES

St. Cloud Financial Credit Union is proud to announce the launch of TriUnity Foundation, a groundbreaking foundation in the credit ...
Technology

Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels

Alogent launched Alogent Shield, an advanced set of comprehensive features designed to tackle the rising threat of check fraud across ...
Strategic Partnerships

Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures

Aggieland Credit Union funded $53,000 in short-term business loans for 12 student teams participating in the 2024 Texas A&M Mays ...
Technology

Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024

Eltropy, the leading AI-powered conversions platform for community financial institutions (CFIs), today announced that Co-founder and CEO Ashish Garg will ...
Making A Difference

TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need

Dogs are known for their ability to provide emotional support, reduce stress, encourage physical activity, and foster social connections, which ...
Making A Difference

Coastal Credit Union School Supply Drive Benefits 29 Local Schools

Coastal Credit Union recently delivered nearly 11,000 school supplies to 29 Elementary schools throughout the counties that the credit union ...
Personnel Promotions

United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth

United Federal Credit Union (United) is pleased to announce the appointment of Renee Johnson as Chief Commercial Officer (CCO). Johnson ...
Strategic Partnerships

Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation

Sharetec, a leading provider of core software and digital innovations, is thrilled to announce its new partnership with Kentucky-based credit ...
Other

Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs

CONTACT: Cecilia Ashe, Chief Operations Officer FOR IMMEDIATE RELEASE PHONE: (480) 967-9475 EMAIL: cashe@landingscu.org WEBSITE: https://www.landingscu.org LANDINGS CREDIT UNION SECURES ...
Strategic Partnerships

First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience

First Hope Bank, a family-owned community bank in New Jersey established in 1911, has formed a strategic partnership with Arkatechture, ...
Other

SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker

American Banker has named State Employees’ Credit Union (SECU) President and CEO Leigh Brady as one of the “Most Powerful ...
Operations & HR

GreenState appoints new Chief Risk Officer, Ryan Gage

GreenState Credit Union is pleased to announce the appointment of Ryan Gage as its new Chief Risk Officer. Gage comes ...
Investments

Chartway Credit Union Expands with New Branches, Products, & Services

Chartway Credit Union is pleased to announce several initiatives that expand its footprint and enhance service offerings, reflecting its commitment ...
Personnel Promotions

United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana

United Federal Credit Union is pleased to announce Crystal Hudson and Shannon Schock have been promoted to Branch Manager positions ...
Personnel Promotions

GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles

GTE Financial is excited to announce the promotions of two distinguished leaders within the organization. Manny Aguilar has been elevated ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Jennifer Cooper to Mortgage Advisor in Battle Creek. ...
Strategic Partnerships

Maine Credit Union Grows Assets by More Than 60%

TruChoice Federal Credit Union increased assets more than 60% over five years by moving in-house systems to one consolidated external ...
Making A Difference

INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service

Samuel Kamwenji, Manager of Community Relations and Business Development at INOVA Federal Credit Union, received the Minority Business Excellence Award ...
Other

NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference

San Antonio, TX – October 4, 2024 – The National Council of Firefighters Credit Unions (NCOFCU) is proud to announce ...
Making A Difference

Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger

LEWISTON, ME – Maine Family Federal Credit Union proudly announced the success of its recent “Strapped for Cash” fundraiser, held ...
Making A Difference

Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast

SafeAmerica Credit Union proudly announces that Amrita Prasad, a key leader in its financial team, recently participated in the latest ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Technology

Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation

Eltropy, the leading conversations platform for community financial institutions (CFIs), showcased its innovative safe AI technology at VentureTech 2024, held ...
Technology

Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience

Advia Credit Union, serving nearly 200,000 members across Michigan, Wisconsin, and Illinois, is excited to share that it now offers ...
Investments

Cetera Welcomes Eglin Federal Credit Union

Florida -based credit union with 70-year track record to collaborate with Cetera Financial Institutions to grow and deliver member-focused investment ...
Making A Difference

Horizon Helps Build a Better Future With $10,000 Donation

SPOKANE VALLEY, WA, November 4, 2024 – Horizon Credit Union helped secure the future of local families by awarding $10,000 ...
Personnel Promotions

GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams

GTE Financial is excited to announce the promotions of two key leaders within its Talent Organization. Josh Lansing has been ...
Making A Difference

Coastal Credit Union Collecting Toys for Tots

Coastal Credit Union has partnered with iHeart Radio and the United States Marine Corps to sponsor this year’s Toys for ...
Strategic Partnerships

Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services

As part of its ongoing efforts to help more credit union members with homeownership, myCUmortgage is excited to announce six ...
Marketing

LGE Community Credit Union wins two Marketing Association of Credit Unions awards

LGE Community Credit Union is proud to announce that it has been recognized with two awards from the Marketing Association ...
Charity Events

INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES

St. Cloud Financial Credit Union is proud to announce the launch of TriUnity Foundation, a groundbreaking foundation in the credit ...

Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels

Alogent launched Alogent Shield, an advanced set of comprehensive features designed to tackle the rising threat of check fraud across all deposit channels. With two ...

Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures

Aggieland Credit Union funded $53,000 in short-term business loans for 12 student teams participating in the 2024 Texas A&M Mays Business School Integrated Business Experience ...

Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024

Eltropy, the leading AI-powered conversions platform for community financial institutions (CFIs), today announced that Co-founder and CEO Ashish Garg will deliver a keynote address at ...

TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need

Dogs are known for their ability to provide emotional support, reduce stress, encourage physical activity, and foster social connections, which makes them invaluable in helping ...

Coastal Credit Union School Supply Drive Benefits 29 Local Schools

Coastal Credit Union recently delivered nearly 11,000 school supplies to 29 Elementary schools throughout the counties that the credit union serves. Supplies were delivered during ...

United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth

United Federal Credit Union (United) is pleased to announce the appointment of Renee Johnson as Chief Commercial Officer (CCO). Johnson will join United’s Strategic Leadership ...
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