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.
Corporate One Announces 2025 Board of Directors
Three members were re-elected to Corporate One Federal Credit Union’s Board of Directors at the annual meeting on April 24: Bill Allender, CEO/President of BMI Federal Credit Union in Dublin, Ohio; Tasha Kostick, Senior Vice President and Chief Financial Officer at 1st Northern California Credit Union in Martinez, California; and John J. Shirilla, CEO/President of
Jeremiah Kossen Appointed to Corporate One Federal Credit Union’s Supervisory Committee
Corporate One Federal Credit Union announced today that Jeremiah Kossen, President/CEO of Publix Employees Federal Credit Union (PEFCU) in Lakeland, Florida, was appointed to the Corporate One Supervisory Committee. Kossen’s appointment was confirmed by the Board of Directors during the Reorganization Meeting held on April 25. He will serve a three-year term, concluding at the
Indiana Members Credit Union Announces 2025 Cancer Awareness Card Beneficiary
Indiana Members Credit Union is pleased to announce Strides for Sarcoma as the new member-nominated beneficiary for its Cancer Awareness Debit Card. The IMCU Cancer Awareness Debit Card provides members an opportunity to support a different cancer-related organization each year.
EECU Honored for Support of Hmong American Day Celebration
Fresno, CA – Educational Employees Credit Union (EECU) proudly sponsored the 2025 Hmong American Day celebration, a vibrant two-day cultural event hosted by The Fresno Center on May 3 and 4 at California State University, Fresno. The annual celebration honors the heritage, resilience, and cultural legacy of the Hmong community and commemorates their journey from
Desert Financial Credit Union Launches Private Student Loan and Refinance Solutions with CU Student Choice
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student lending solutions will now be available to the members of Desert Financial Credit Union ($8.78B assets; 476, 867 members; Phoenix, AZ).
SECU Foundation Awards Grace Clinic of Yadkin Valley with $600,000 Grant for New Medical Facility
SECU Foundation has announced a $600,000 challenge grant for Grace Clinic of Yadkin Valley (GCYV) to assist with the construction of a new medical facility in Elkin, North Carolina. The 7,125 square-foot clinic will allow the non-profit to greatly expand services in its four-county region and increase capacity to serve over 600 patients annually.
Valley First Credit Union Announces Board Re-Elections and New Appointments at Annual Meeting
MODESTO, Calif. May 6, 2025 – Valley First Credit Union is pleased to announce the results of its recent Annual Meeting, where members gathered to reflect on the past year and look ahead to the future.
LAFCU’s Kelli Ellsworth Etchison Honored With Lansing Community College Distinguished Alumni Award
LANSING, Mich. — LAFCU is proud to announce that Kelli Ellsworth Etchison, the credit union’s chief marketing officer and chief diversity officer, has been named Lansing Community College’s (LCC) 2025 Distinguished Alumni Award recipient. She will be honored during LCC’s 67th commencement ceremony Friday, May 16.
Redwood Credit Union Elects Board of Directors
Redwood Credit Union recently re-elected volunteer board members Judy Herrerias-James, Lisa Wittke Schaffner, and Rod Dole.
TriUnity Foundation Announces Board Elections and Strategic Focus for 2025-2026
TriUnity Foundation, a nonprofit committed to relieving the financial burden of terminal illness through credit union collaboration, has announced its newly elected and re-elected board of directors following its Annual Meeting held in April 2025.
Revolutionizing Payoffs- No More Paper Checks!
EPIC Lauches Payoff clearinghouse for Auto Lenders EPIC is transforming the way financial institutions receive loan and lease payoffs on vehicles by offering a completely free, payoff clearinghouse, eliminating the delays and inefficiencies of paper checks. With Zero IT effort required, EPIC’s payoff clearinghouse is easy to implement already trusted by leading financial institutions nationwide.
Laura Blanding Joins LAFCU As Vice President Of Membership Growth And Development
LANSING, Mich. — LAFCU has announced the appointment of Laura Blanding as vice president of membership growth and development.
Stephanie Schmidt Earns Prestigious Accredited Faster Payments Professional (AFPP) Certification
Corporate Central is proud to announce that Stephanie Schmidt, Vice President Member Services, has officially earned the Accredited Faster Payments Professional (AFPP) certification—becoming one of only a handful of professionals nationwide to achieve this prestigious designation.
BECU to open new Neighborhood Financial Centers on Bainbridge Island and in Duvall, Washington
BECU, Washington’s largest credit union, will open new Neighborhood Financial Centers (NFCs) on Bainbridge Island and in Duvall, Washington. The Bainbridge Island NFC opens in late 2025 and the Duvall NFC in 2026. The Bainbridge Island and Duvall NFCs will join other recently opened locations in Pierce County, White Center and Spokane. Additionally in 2025,
Coastal Credit Union Hires Anita Marshall to Lead Rocky Mount Branch
Coastal Credit Union has hired Anita Marshall as Branch Manager of its location at 1080 N. Winstead Ave in Rocky Mount. In her role, she will be responsible for delivering exceptional member service, relationship management, and community involvement. She will lead the branch team toward achieving the credit union’s goals around membership, loan, and deposit
LAFCU To Award $10K In Grants To Individuals Seeking Financial Relief
LANSING, Mich. — LAFCU is offering an opportunity to help individuals take charge of their financial well-being through its Pathway to Financial Transformation Essay Contest. The Michigan-based credit union will award four individuals with grants of up to $2,500 each — totaling $10,000 — to help them get a leg up on their financial situations.
Credit Unions Join Others in Massachusetts to Raise Awareness of Dangerous Disease
Credit unions take action to educate the public, medical community, and first responders about Moyamoya Disease on May 6 Awareness Day
New Associate Board Member and Audit Committee Members to Join Advia Credit Union’s Dedicated Volunteers
Advia Credit Union is proud of the strong network of dedicated volunteers that make up its Board of Directors and special committees. Recently, three (3) new individuals were added as volunteers within Advia’s growing regions throughout Michigan, Illinois, and Wisconsin.
U1 Announces 2025 Scholarship Winners
Universal 1 Credit Union (U1) members, Eva Johnson-Woods of Trotwood-Madison High School, and Addilyn Slinker of Beavercreek High School, were each awarded this year’s Glen R Kershner Memorial Scholarship of $1,000.00. The 2025 graduates have demonstrated outstanding leadership, academic success, and community involvement, paving the way for their future pursuits in law and biomedical engineering
Baker Market Update – Week in Review: May 02, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
RCU celebrates small business growth—in May and every day
As Redwood Credit Union (RCU) marks 75 years of service, it’s celebrating not just its own history but the stories of the small businesses that helped shape the community alongside it.
Indiana Members Credit Union Awards $154,000 in Funds to Local Nonprofits through FHLBank Indianapolis Grant Program
Indiana Members Credit Union, in collaboration with the Federal Home Loan Bank of Indianapolis, awarded three nonprofit organizations $154,000 in grant funds through the Community Multiplier – Member Match program.
LAFCU Brings Financial Literacy To Life For Lansing Christian Students At Financial Reality Fair
LANSING, Mich. — LAFCU hosted its fifth annual Financial Reality Fair at Lansing Christian School April 10, giving high school students a hands-on opportunity to learn essential financial literacy skills through a fun and engaging simulation
LAFCU Announces Key Promotions To Drive Growth And Efficiency
LANSING, Mich. — LAFCU has announced the promotions of Kimberly Austin to executive implementation officer and Justin Tuck to succeed her as director of collections.
LAFCU’s Pathway to Financial Transformation Graduates Celebrate Success
LANSING, Mich. — In LAFCU’s community room, a sea of blue caps and gowns moved with excitement as proud graduates of the 2024–2025 Pathway to Financial Transformation program stepped forward to mark the end of a life-changing journey.
EECU Honors Outstanding Educators, Staff in Kings County
Fresno, CA – May 1, 2025 – Educational Employees Credit Union (EECU) partnered once again with the Kings County Office of Education to recognize the county’s top educators and school staff during the 2025 Excellence in Education awards ceremony held on April 29 at the Hanford Fox Theater. This longstanding partnership reflects a shared commitment
Cloudvirga launches Tropos, a modern borrower portal built for the future of digital lending
Cloudvirga today announced the launch of Tropos, a next-generation borrower portal that will empower lenders to deliver personalized, intuitive digital experiences from initial application through clear-to-close. Designed with the flexibility to support a variety of consumer lending products, Tropos enhances Cloudvirga’s POS ecosystem with a modular, customer-first solution that helps lenders drive engagement, reduce time
Financial Advantages Growing in Southeast Wisconsin – Advia Credit Union Adds New Locations in West Allis and Pewaukee
Kalamazoo, MI – Advia Credit Union continues to grow and live its mission of providing financial advantages with the recent merger with AppleTree Credit Union (West Allis and Pewaukee, WI) on May 1, 2025. As a result of this combination, Advia now has thirty-four (34) branch locations, with fifteen (15) in southeast Wisconsin and central
SHAZAM CREATOR CHRIS BARTON TO HEADLINE LENDING TECH LIVE ’25 WITH KEYNOTE ON INNOVATION AND IMAGINATION
Origence, a leading provider of lending technology solutions, announced founder and creator of Shazam, Chris Barton, as a keynote speaker for its Lending Tech Live ’25 conference, scheduled for June 16-18, 2025, at the Omni Nashville Hotel in Nashville, Tenn.
Farewell, Tax Exemption? Executive Compensation in Credit Unions May Face Major Changes
Regardless of whether the tax exemption ultimately remains, proactive measures today will safeguardyour credit union’s competitive positioning and mission integrity. We believe there are seven compensation-related steps your organizationcan implement to promote resilience and adaptability.
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank
Credit Unions Challenge Broken Student Loan System with Revolutionary Line of Credit Approach
Corelation Hosts 14th Annual Client Conference, Commemorating 15 Years of Service & Innovation
Cloudvirga enhances lending efficiency with Encompass Docs Solution integration
OE Federal Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
Abri Credit Union Selects Jose Guzman as Vice President of Lending
BrightBridge Credit Union Renews Core Partnership with Synergent
Local Graduates Partner with EECU to Prepare for College Success
Interior Federal Unveils New Website
Baker Market Update – Week in Review: May 16, 2025
Indiana Members Credit Union Named to Newsweek’s America’s Best Regional Banks and Credit Unions for Second Year
Kirsten Tahara, First Grade Teacher at Ethel I. Baker Elementary School in Sacramento, Named 2024/2025 Esquire IMAX Teacher of the Year
Valley First Credit Union Announces Wes Hall Memorial Fund to Honor a Founding Leader’s Legacy
For Immediate Release – Abri Credit Union Selects John O’Brien as Vice President of Finance
Coastal Credit Union Names Ewelina Caplap Vice President, Coastal Wealth Management
Michigan Department of Insurance and Financial Services Receives NASCUS Reaccreditation
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 9 Angels Game
EECU Proudly Sponsors 21st Annual Slick Rock Student Film Festival
Corporate Central Holds 44th Annual Meeting and Announces Board of Directors
Defend Against Fraud and ID Theft at Redwood Credit Union’s Free Shred-a-Thons
CULA’s AI-driven Self Inspection Cuts Lease-End Turnaround Times by 50%
Great Lakes Credit Union Featured In Callahan & Associates’ “Anatomy Of A Credit Union”
Appli CEO Tim Pranger to Showcase AI-Powered Loan Calculator at 2025 Auto Finance Summit East
LAFCU Strengthens Lending Team With Addition Of Two Mortgage Loan Officers
Baker Market Update – Week in Review: May 09, 2025
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank
Credit Unions Challenge Broken Student Loan System with Revolutionary Line of Credit Approach
Corelation Hosts 14th Annual Client Conference, Commemorating 15 Years of Service & Innovation
Cloudvirga enhances lending efficiency with Encompass Docs Solution integration
OE Federal Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
Abri Credit Union Selects Jose Guzman as Vice President of Lending
BrightBridge Credit Union Renews Core Partnership with Synergent
Local Graduates Partner with EECU to Prepare for College Success
Interior Federal Unveils New Website
Baker Market Update – Week in Review: May 16, 2025
Indiana Members Credit Union Named to Newsweek’s America’s Best Regional Banks and Credit Unions for Second Year
Kirsten Tahara, First Grade Teacher at Ethel I. Baker Elementary School in Sacramento, Named 2024/2025 Esquire IMAX Teacher of the Year
Valley First Credit Union Announces Wes Hall Memorial Fund to Honor a Founding Leader’s Legacy
For Immediate Release – Abri Credit Union Selects John O’Brien as Vice President of Finance
Coastal Credit Union Names Ewelina Caplap Vice President, Coastal Wealth Management
Michigan Department of Insurance and Financial Services Receives NASCUS Reaccreditation
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 9 Angels Game
EECU Proudly Sponsors 21st Annual Slick Rock Student Film Festival
Corporate Central Holds 44th Annual Meeting and Announces Board of Directors
Defend Against Fraud and ID Theft at Redwood Credit Union’s Free Shred-a-Thons
CULA’s AI-driven Self Inspection Cuts Lease-End Turnaround Times by 50%
Great Lakes Credit Union Featured In Callahan & Associates’ “Anatomy Of A Credit Union”
Appli CEO Tim Pranger to Showcase AI-Powered Loan Calculator at 2025 Auto Finance Summit East
LAFCU Strengthens Lending Team With Addition Of Two Mortgage Loan Officers
Baker Market Update – Week in Review: May 09, 2025
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank