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.
Baker Market Update – Week in Review: December 06, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Chartway Promise Foundation Grants Dreams and Shares Smiles at the Chartway Norfolk Harbor Half Marathon Weekend
The 11th annual Chartway Norfolk Harbor Half Marathon Weekend drew thousands of runners to downtown Norfolk and highlighted the power of community with efforts to support medically fragile children and local families. Chartway Credit Union, the title sponsor of the event, partnered with J&A Racing to host a meaningful weekend focused on giving back. Through
SECU Foundation Awards $1 Million to TROSA for Expansion of Durham Campus
SECU Foundation continues its support for the non-profit TROSA (Triangle Residential Options for Substance Abusers, Inc.) with a $1 million capital grant to support the expansion of its Durham campus that will provide an additional 90 licensed treatment beds and 17 new rooms for therapy and education.
USSFCU Celebrates an Award-Winning 2024: A Year of Workplace Excellence
Alexandria, VA, December 04, 2024 – The United States Senate Federal Credit Union (USSFCU) is closing out 2024 on a high note, celebrating a series of prestigious accolades that highlight its commitment to workplace excellence, employee well-being, and a thriving organizational culture. These awards reflect USSFCU’s dedication to its employees and reinforce its standing as
LendKey Surpasses $7 Billion in Total Loan Originations, Expanding Network Lending Impact
LendKey Technologies, Inc., the pioneer of digital network lending, achieved a significant milestone, surpassing $7 billion in total loan originations and servicing $3.2 billion in loans. This achievement underscores LendKey’s commitment to enhancing the capabilities of hundreds of credit unions and community banks, enabling them to improve their liquidity management and stay competitive.
New Partnership Established Between Synergent and Superior IRA & HSA
Synergent® is pleased to announce a new vendor partnership has been formally established with Superior IRA & HSA. As a key partner, Superior IRA & HSA offers an integrated platform that makes Individual Retirement Arrangement (IRA) and Health Savings Account (HSA) administration, compliance, and reporting easier, allowing credit unions to deliver top-notch retirement and health
United Federal Credit Union Strengthens Small Business Loan Program with Highly Experienced SBA Lending Team
United Federal Credit Union is strengthening its Small Business Administration team with the addition of six highly experienced lending specialists, furthering the credit union’s commitment to supporting local entrepreneurs and fostering economic growth across the country.
CUES Named Winner of 2024-2025 Amazon Web Services IMAGINE Grant for Nonprofits
CUES announced it has been selected as a winner of the 2024 Amazon Web Services (AWS) IMAGINE Grant.
Dillon Gabriel Teams Up with Unitus Community Credit Union on Giving Tuesday
In celebration of “Giving Tuesday,” Unitus Community Credit Union and quarterback Dillon Gabriel have made a $2,500 donation to Kidsports of Eugene, Oregon. The non-profit organization is committed to offering all children the opportunity to play youth sports by removing barriers.
CUNA Strategic Services Selects Eko as Their Preferred Digital Investment Provider
CUNA Strategic Services is pleased to announce their new alliance with Eko Investments. Eko enables credit unions to offer digital investing to their members, starting from $10, directly on their existing banking platform via their natively integrated white-label solution.
Stephanie Stout Promoted; Will Further Shape the Member Experience at Greater Texas|Aggieland Credit Union
Greater Texas|Aggieland Credit Union has named Stephanie Stout to the newly created position of Senior Vice President of Member Experience.
BCU EXPANDS EFFORTS TO SUPPORT EMPLOYEES, MEMBERS AFFECTED BY HURRICANES HELENE, MILTON
As the southern US braced for the impact of Hurricane Helene, with Hurricane Milton fast following, BCU swiftly activated its disaster relief assistance, fulfilling its promise to be “Here Today, For Your Tomorrow.”
Park City Credit Union Turns Digital Tools into Member Service Magic
Eltropy, the leading conversations platform for community financial institutions (CFIs), today announced that Park City Credit Union has successfully implemented Eltropy’s full suite of digital solutions, reducing call wait times and expanding service capabilities without needing additional resources. The $350 million credit union in central Wisconsin faced challenges common to rural financial institutions: difficulty staffing
Baker Market Update – Week in Review: November 29, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Redwood Credit Union Community Fund Provides $41,000 in Support for Lake County Fire Victims
The Redwood Credit Union Community Fund (RCUCF) recently disbursed $41,000 to those who lost their primary residence in the Boyles fire in Lake County.
CREDIT UNIONS KIDS AT HEART® Prepares for the 2025 Boston Marathon
Burlington, Massachusetts, November 25, 2024: For the 26th consecutive year, dozens of credit unions from throughout the Northeast will collaborate to sponsor a team of credit union runners in the most challenging and prestigious road race in the world, the Boston Marathon. The 2025 CU Kids at Heart Team consists of eight runners and their
Navatros Executive Shares Practical Roadmap for Credit Union AI Adoption
As credit unions navigate artificial intelligence adoption, Navatros Senior Business Solutions Manager Jose Ortiz provides a measured approach to implementation. In a detailed discussion with Eltropy, Ortiz outlined how credit unions can use AI effectively while addressing key implementation challenges. “Everyone wants everything at speed and AI can provide that,” said Ortiz. “Credit unions have
Truliant Insurance Adds to Strategic Growth Through S.C. Acquisition
Truliant Federal Credit Union, through its wholly owned subsidiary Truliant Insurance, has completed a new insurance agency purchase as the credit union expands its insurance resources to provide more value to clients. The acquisition of Atkins & Associates Insurance Agency, a long-established firm based in Greenville, S.C., complements Truliant Insurance’s capabilities in the Upstate markets
Chartway Credit Union Receives Inaugural La Alianza Award from Washington Area Chamber of Commerce
Chartway Credit Union is proud to announce its recognition by the Washington Area Chamber of Commerce as the recipient of the inaugural La Alianza Award at the chambers’ 4th annual Rock and Roll Installation Gala and Community Hall of Fame Awards in Washington, Utah. This award highlights Chartway’s commitment to supporting diverse business communities and
Advia Credit Union Welcomes Tony Wright as Chief Financial Officer
Advia Credit Union is pleased to announce the appointment of Tony Wright as its new Chief Financial Officer (CFO), effective November 25, 2024. With more than 20 years of finance and audit experience, including 11 years previously spent with Advia, Wright brings a wealth of expertise and a strong familiarity of the organization.
Baker Market Update – Week in Review: November 22, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Coastal Credit Union Hires Two New Mortgage Vice Presidents
Coastal Credit Union has hired Stacey Daniels as its new VP, Mortgage Operations and Kevin Holton as VP, Mortgage Sales. Daniels will lead the strategic development and execution of Coastal’s mortgage operations, focusing on enhancing operational workflows, improving system efficiencies, and ensuring compliance with regulatory standards. She will work closely with the mortgage sales and
LAFCU Honored With Delta Township Community Impact–Legacy Award
LANSING, Mich. — LAFCU has been presented with the prestigious Community Impact–Legacy Award from Delta Township, an honor recognizing the organization’s dedication to enriching the community in which it has been headquartered since 1971.
LAFCU Strengthens Team With Hires In Professional Services And Finance
LANSING, Mich. — LAFCU has expanded its team with the addition of two experienced professionals in key roles—Danna Finney joins as compliance officer, and Monica Roark as accounts payable specialist.
TEACHERS FEDERAL CREDIT UNION ANNOUNCES BEN ALESSI AS CHIEF FINANCIAL OFFICER, FURTHER STRENGTHENING THE CREDIT UNION’S LEADERSHIP TEAM
HAUPPAUGE, N.Y. (Date) – Teachers Federal Credit Union, one of the largest credit unions in the United States with over $9.8 billion in assets and more than 460,000 members nationwide, is proud to announce the promotion of Ben Alessi to the role of Chief Financial Officer (CFO).
Eltropy CEO Discusses AI’s Impact on Credit Union Member Engagement with CUbroadcast
Eltropy Co-founder and CEO Ashish Garg recently shared insights on artificial intelligence and digital communications in credit unions during a CUbrodcast Lounge session. During his conversation with host Mike Lawson, Garg explored how the integration of AI with digital communications is transforming member interactions across engagement, collections, and lending services.
LAFCU Named One of the Best Credit Unions to Work For in 2024
LANSING, Mich. — LAFCU is proud to announce that it has been named one of the Best Credit Unions to Work For in 2024 by American Banker. This is the second time LAFCU has received this prestigious recognition, which highlights credit unions that excel in workplace culture, employee satisfaction, and overall business influence.
Peach State FCU C.A.R.E.S. Foundation Now Accepting Applications for $277,000 in Scholarships
LAWRENCEVILLE, GA (December 2, 2024) – The Peach State FCU C.A.R.E.S. Foundation recently announced that its 2025 scholarship program is now open accepting applications. The Foundation will be awarding over $277,000 in scholarships and educational grants.
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 distinct offerings that seamlessly integrate into Alogent’s item processing suite of solutions, Alogent Shield and the enhanced Alogent Shield+, financial institutions can now leverage AI, machine learning, and computer vision
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 (IBE).
Credit Unions Chart New Territory in 2024: A Look at the Strategies Shaping the Future in the New Year
QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy
GTE Financial Spreads Holiday Cheer with Make Hope Real Initiative, Giving Back to Local Families
Redefining First-Party Collections: How Technology is Shaping the Future
LGE Foundation donates over $400,000 to local nonprofits
Valley First Credit Union Selects Christopher Dalman as Chief Information Officer (CIO)
SECU Foundation Initiates Phase Two Disaster Relief Package of $1.75 Million for Western North Carolina
eDOC Spreads Holiday Cheer
United Partners with The Storehouse to Provide Gifts for Local Children this Holiday Season
Elan Credit Card Donates $150,000 to American Red Cross Hurricane Relief to Support Impacted Partners
Cetera Welcomes Eglin Federal Credit Union
Cetera Announces Partnership with Citadel Credit Union
Eltropy Sets New Standard in Credit Union Vendor Consolidation Through Unified Platform Approach
Baker Market Update – Week in Review: December 13, 2024
Mocse Wins Award from Mastercard for Community Impact
UMassFive Awards Local Business with $10,000 UMass Athletics Advertising Package in Small Business Spotlight Contest
USSFCU Celebrates the Season of Giving with Significant Holiday Donations and Community Initiatives
Gulf Winds Invites the Community to Take Part in Food Drives Benefiting Local Pantry Partners
SECU Foundation Supports North Carolina Museum of Art Foundation’s Artist Innovation Mentorship Program
UMassFive Donates Hundreds of Winter Coats and Clothing Items
Alogent Announces the Successful Deployment of Unify at FedChoice Federal Credit Union
Unitus Community Credit Union Celebrates 2024 with $744,866 in Community Giving
Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace
Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace
United Federal Credit Union Names Jessica Rodriquez as District Manager in Pennsylvania
Chartway Credit Union Expands Footprint with Grand Opening of East Beach Branch
BECU grants over $500,000 to 25 nonprofits at 11th annual People Helping People Awards program
Eltropy’s EMERGE 2025 Conference To Bring Credit Unions and Community Banks Together in San Francisco
Callahan & Associates Launches 2025 CreditUnions.com Innovation Series
SECU Kicks Off Statewide Beautification Initiative with Keep North Carolina Beautiful
Credit Unions Chart New Territory in 2024: A Look at the Strategies Shaping the Future in the New Year
QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy
GTE Financial Spreads Holiday Cheer with Make Hope Real Initiative, Giving Back to Local Families
Redefining First-Party Collections: How Technology is Shaping the Future
LGE Foundation donates over $400,000 to local nonprofits
Valley First Credit Union Selects Christopher Dalman as Chief Information Officer (CIO)
SECU Foundation Initiates Phase Two Disaster Relief Package of $1.75 Million for Western North Carolina
eDOC Spreads Holiday Cheer
United Partners with The Storehouse to Provide Gifts for Local Children this Holiday Season
Elan Credit Card Donates $150,000 to American Red Cross Hurricane Relief to Support Impacted Partners
Cetera Welcomes Eglin Federal Credit Union
Cetera Announces Partnership with Citadel Credit Union
Eltropy Sets New Standard in Credit Union Vendor Consolidation Through Unified Platform Approach
Baker Market Update – Week in Review: December 13, 2024
Mocse Wins Award from Mastercard for Community Impact
UMassFive Awards Local Business with $10,000 UMass Athletics Advertising Package in Small Business Spotlight Contest
USSFCU Celebrates the Season of Giving with Significant Holiday Donations and Community Initiatives
Gulf Winds Invites the Community to Take Part in Food Drives Benefiting Local Pantry Partners
SECU Foundation Supports North Carolina Museum of Art Foundation’s Artist Innovation Mentorship Program
UMassFive Donates Hundreds of Winter Coats and Clothing Items
Alogent Announces the Successful Deployment of Unify at FedChoice Federal Credit Union
Unitus Community Credit Union Celebrates 2024 with $744,866 in Community Giving
Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace
Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace
United Federal Credit Union Names Jessica Rodriquez as District Manager in Pennsylvania
Chartway Credit Union Expands Footprint with Grand Opening of East Beach Branch
BECU grants over $500,000 to 25 nonprofits at 11th annual People Helping People Awards program
Eltropy’s EMERGE 2025 Conference To Bring Credit Unions and Community Banks Together in San Francisco
Callahan & Associates Launches 2025 CreditUnions.com Innovation Series
SECU Kicks Off Statewide Beautification Initiative with Keep North Carolina Beautiful
Credit Unions Chart New Territory in 2024: A Look at the Strategies Shaping the Future in the New Year
QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy
GTE Financial Spreads Holiday Cheer with Make Hope Real Initiative, Giving Back to Local Families
Redefining First-Party Collections: How Technology is Shaping the Future
LGE Foundation donates over $400,000 to local nonprofits
Valley First Credit Union Selects Christopher Dalman as Chief Information Officer (CIO)
