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.
NASCUS Opens Nominations for 2025 Pierre Jay Award
The National Association of State Credit Union Supervisors (NASCUS) is now accepting nominations for the 2025 Pierre Jay Award, the association’s highest honor recognizing exceptional service and leadership within the state credit union system. The award will be presented during NASCUS’s 60th Annual Meeting, the State System Summit (S3), a premier event uniting regulators, credit
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
Synergent has extended its nearly 20-year partnership with One Credit Union through a new five-year agreement. The credit union will continue to utilize hosted Jack Henry™ Symitar® core processing and additional technology solutions including mobile deposit capture, check and statement processing, and more, reinforcing a strong and collaborative relationship focused on member service and operational
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Fresno, CA – Educational Employees Credit Union (EECU) proudly sponsored the 2025 Latinx High School Celebración, an inspiring event recognizing the achievements of graduating Latinx students from the Fresno Unified School District.
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
The National Association of State Credit Union Supervisors (NASCUS) is pleased to announce that the Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico | Corporación Pública Para la Supervisión Y Seguro De Cooperativas de Puerto Rico (COSSEC) has successfully earned accreditation. This marks the first time NASCUS has awarded accreditation to
Baker Market Update – Week in Review: June 06, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student loan refinance solution will now be available to the members of Westerly Community Credit Union ($500M assets; 22,477 members; Wakefield, RI).
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SchoolsFirst Federal Credit Union, the largest credit union in California and the nation’s largest serving school employees and their families, has awarded $210,500 in college scholarships to 248 students as part of its annual Member Education Award scholarship program for 2025. Launched in 2000, the scholarship program was established to invest in Members’ long-term success.
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
State Employees’ Credit Union (SECU) has concluded its fourth annual Summer Camp Awards campaign, granting $500 scholarships to 457 young members throughout North Carolina. Recipients were selected through random drawings, with one FAT CAT® and one Zard® winner per branch from all eligible entries. The scholarships will be used for the registration costs and associated
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
The award honors Quavo’s QFD® platform, an end-to-end SaaS solution purpose-built to transform and streamline dispute management for financial institutions and deliver a seamless experience for accountholders.
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Appli, a provider of artificial intelligence-powered financial calculators, today announced that First Source Federal Credit Union, serving members in central New York, has seen significant improvements in member engagement and conversion rates since implementing Appli’s calculator solutions. “We’re seeing conversions happen in each monthly wrap-up or report we pull, which is remarkable from a calculator,”
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Coastal Credit Union has hired Karen DeSalvo as its new VP of Marketing. In this role, DeSalvo will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. DeSalvo has more than 25 years of executive level experience leading both strategic and operational execution of marketing initiatives. She has led rebranding
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
NEW YORK – June 3, 2025 – Prizeout, the leader in advertising and financial technology, is announcing CashBack+ Pay, the latest addition to its CashBack+ platform. Designed to give credit union debit card users instant cashback, Pay empowers members to earn more at checkout, helping credit unions offer real, meaningful rewards and leveling the playing
Baker Market Update – Week in Review: May 30, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Corporate One Federal Credit Union announced a significant milestone today: 100 go-lives on the RTP network or FedNow Service through its Immediate Payments Third-Party Service Provider (TPSP) solution. This achievement includes 84 member credit unions connected to the RTP network and 16 connected to the FedNow Service.
Vizo Financial’s June 2025 Education Calendar
At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we provide a wide array of educational conferences, workshops and webinars. Our educational webinars in June 2025 cover a variety topics including vendor management, risk preparedness, payments, fraud, AI and more.
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Alogent is proud to announce that Unify has been named a finalist in the 2025 PayTech Awards, Best Consumer Payments System for Banks & Financial Institutions category. The PayTech Awards are a globally recognized program that celebrates excellence and innovation in the payments and financial technology sector. Judged by an independent panel of industry experts,
Maine Credit Union League and Synergent Announce Board of Directors
The Maine Credit Union League and Synergent are pleased to announce the appointment of their 2025–2026 Board of Directors. These dedicated individuals bring a wealth of experience, leadership, and a deep commitment to the credit union philosophy of People Helping People.
Baker Market Update – Week in Review: May 23, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Midcoast Federal Credit Union has renewed its core processing and technology service agreements with Synergent, including a 10-year agreement for hosted Jack Henry™ Symitar® core processing and five-year agreements for payments and related solutions. The renewal reflects a continued commitment to delivering innovative, community-focused financial services to members across Maine.
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Altra Federal Credit Union has selected Alogent’s Unify platform to modernize and consolidate its deposit operations across Day 1 and Day 2 workflows. By centralizing all item processing, including mobile deposit and self-service transactions at ATMs and ITMs, Unify supports faster, more accurate processing, reduces overhead, and significantly lessens manual efforts. Unify also enhances both
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Corporate Central is proud to announce the reelection of Kevin Chiappetta, CFA, Senior Vice President/Chief Education & Research Officer, as the Presidents Council Representative (PCR) from the Midwestern US Subregion for the esteemed CFA Institute.
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank
As hunger rates climb and food pantries across Maine face critical shortages, Maine Credit Unions’ Campaign for Ending Hunger has stepped in with a $236,033 donation to Good Shepherd Food Bank—providing vital support amid a sharp rise in need and recent cuts to federal food aid.
Credit Unions Challenge Broken Student Loan System with Revolutionary Line of Credit Approach
CU Student Choice, a credit union-owned organization that helps credit unions deliver private student loan solutions, announced expanded access to its flexible education line of credit product.
Corelation Hosts 14th Annual Client Conference, Commemorating 15 Years of Service & Innovation
Corelation, Inc., successfully hosted its Annual Client Conference held from May 14 – 16, 2025, bringing together a total of 1,436 attendees in-person and virtually. Marking Corelation’s 15th anniversary, the event featured impactful general sessions, in-depth breakout discussions, and dynamic networking opportunities that highlighted the company’s continued dedication to partnership and progress.
Cloudvirga enhances lending efficiency with Encompass Docs Solution integration
Cloudvirga, a provider of digital point-of-sale platforms for credit union lenders, today announced a new integration using the latest API framework for mortgage technology from Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. The integration expands the document provider options available to Cloudvirga customers and enhances lender efficiency
OE Federal Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
CU Student Choice announced its student loan refinance solution will now be available to the members of OE Federal Credit Union ($1.5B assets; 112,885 members; Livermore, Calif.). The credit union is offering Student Choice’s student loan refinance product and will be adding an education line of credit for undergraduate students in the future.
Abri Credit Union Selects Jose Guzman as Vice President of Lending
Romeoville, IL, May 16, 2025. Abri Credit Union is pleased to announce the appointment of Jose Guzman as its new Vice President of Lending. In this role, Guzman will lead the credit union’s lending strategy, operations, and innovation across real estate, consumer, business, and participation loans. With a strong background in strategic lending leadership, he
BrightBridge Credit Union Renews Core Partnership with Synergent
Synergent is pleased to announce the renewal of its partnership with BrightBridge Credit Union through multi-year agreements for hosted Jack Henry™ Symitar® core processing, payments, and related services.
Local Graduates Partner with EECU to Prepare for College Success
Fresno, CA – May 16, 2025 – A dedicated group of high school seniors from Kings Canyon High School in Dinuba have taken a significant step toward college success. These students recently became the newest members of Educational Employees Credit Union (EECU) after being awarded Cal Grants, which required them to have a checking or
Interior Federal Unveils New Website
Interior Federal is proud to announce the official launch of its brand-new website; a reflection of the Credit Union’s rebrand that was introduced last year. The new site, which has been in development for the past six months, is now available at interiorfederal.org, delivering a fresh design and an improved experience for their members. A
Sound Credit Union Completes Conversion of Washington Business Bank
Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration
Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members
Inman honors Cloudvirga CEO Maria Moskver with third consecutive Best of Finance award
Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025
LAFCU CFO Leslie Rorie named a Notable Leader in Finance
CEFCU Selects Student Choice for Private Student Loan Solutions
EECU and Madera County Superintendent of Schools Celebrate New ATM with Ribbon-Cutting Ceremony
Cleveland Monsters Unveil Jersey Patch with Century FCU
42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center—Bringing Total Donated to Helping Children in Need to Over $1.1 Million
Credit Unions Sound the Alarm on Student Loan Procrastination — Urge Families to Lock in Flexible Line of Credit Before Fall Deadlines
SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation Innovation in Education Awards
Redwood Credit Union Birthday Bash Raises Over $31,000 for Youth Arts Programs
Baker Market Update – Week in Review: June 20, 2025
Synergent Names Tyler Hudson as President
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
EECU Wins in Three Categories of 2025 Best of Central California Awards
Velera Promotes Mark L. Robnett to Director of its Board
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
Sound Credit Union Completes Conversion of Washington Business Bank
Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration
Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members
Inman honors Cloudvirga CEO Maria Moskver with third consecutive Best of Finance award
Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025
LAFCU CFO Leslie Rorie named a Notable Leader in Finance
CEFCU Selects Student Choice for Private Student Loan Solutions
EECU and Madera County Superintendent of Schools Celebrate New ATM with Ribbon-Cutting Ceremony
Cleveland Monsters Unveil Jersey Patch with Century FCU
42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center—Bringing Total Donated to Helping Children in Need to Over $1.1 Million
Credit Unions Sound the Alarm on Student Loan Procrastination — Urge Families to Lock in Flexible Line of Credit Before Fall Deadlines
SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation Innovation in Education Awards
Redwood Credit Union Birthday Bash Raises Over $31,000 for Youth Arts Programs
Baker Market Update – Week in Review: June 20, 2025
Synergent Names Tyler Hudson as President
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
EECU Wins in Three Categories of 2025 Best of Central California Awards
Velera Promotes Mark L. Robnett to Director of its Board
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
Sound Credit Union Completes Conversion of Washington Business Bank
Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration
Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members
Inman honors Cloudvirga CEO Maria Moskver with third consecutive Best of Finance award
Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025
LAFCU CFO Leslie Rorie named a Notable Leader in Finance
