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: February 09, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Southland Credit Union, Allied Healthcare Federal Credit Union Announce Plan to Merge
Southland Credit Union and Allied Healthcare Federal Credit Union have announced their intent to merge in 2024.
LGE Community Credit Union recognized with 2023 Gold Level Cigna Healthy Workforce Designation
Cigna Healthcare has selected LGE Community Credit Union as a recipient of their 2023 Gold Level Healthy Workforce Designation for demonstrating a strong commitment to improving the health and vitality of its employees through a workplace well-being program.
Ewelina Caplap Named Program Manager, Coastal Wealth Management
Ewelina Caplap has been appointed as Program Manager of Coastal Wealth Management, available through CFS*. In her role, Caplap will oversee the management of Coastal’s program, which covers investments, insurance, financial planning, trusts, and estate planning. Caplap brings 20 years of financial services experience to the role, primarily in investments, insurance, and operations. She has
How to Manage Third-Party Risk in 2024: Venminder’s Latest Whitepaper Reveals All
Venminder, CUNA Strategic Services’ preferred solution for managing third-party risk management programs, has released their eighth annual “State of Third-Party Risk Management” whitepaper. The whitepaper provides a deep dive into how organizations are handling third-party risk today, covering key aspects such as current practices, challenges, compliance drivers, and benefits.
UNFCU Foundation Announces 2024 Grants that Invest in Projects Tackling Poverty
UNFCU Foundation announced that this year it is providing $645K to 19 grant partners on three continents. Projects align with UNFCU Foundation’s mission to sustain pathways out of poverty for marginalized women and youth. Catalyzing this work is access to critical health care, livelihood training, and quality education that UNFCU Foundation has prioritized since 2015.
State Department Federal Credit Union Welcomes Nicole Bowen as New Chief Risk Officer
State Department Federal Credit Union (SDFCU) is pleased to announce the appointment of Nicole Bowen as its new Chief Risk Officer. Nicole brings a wealth of knowledge and expertise to the credit union with an impressive background in risk management, information technology, and extensive experience in the financial industry. Nicole joins SDFCU after serving as
First Harvest Credit Union Announces Launch of First Harvest Investment Solutions* to Provide Access to Enhanced Retirement Planning and Investing Services
First Harvest Credit Union Announces Launch of First Harvest Investment Solutions* to Provide Access to Enhanced Retirement Planning and Investing Services First Harvest Investment Solutions* to provide access to financial planning and brokerage services for membership through LPL Financial Deptford, NJ – February 8, 2023 – First Harvest Credit Union (First Harvest), New Jersey’s second
Participate in CUES Compensation Surveys: Support Industry Growth, Gain Valuable Insights
Credit unions across the United States are encouraged to contribute to CUES Executive Compensation Survey and CUES Employee Salary Survey, which are open for participation through March 31. By adding their data, credit unions help strengthen the industry and illuminate current trends by providing information on staffing, salaries, and benefits.
Alogent’s CEO, Dede Wakefield, Named to the 2024 Georgia Titan 100
Dede Wakefield, Alogent’s CEO, has been named as a Georgia Titan 100 for the second year. The Titan 100 program recognizes Georgia’s Top 100 CEO’s & C-level executives.
MeridianLink Software Helps A+ Federal Credit Union Boost Loan Volume
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that A+ Federal Credit Union (A+FCU) has selected MeridianLink® to update its loan origination system, leveraging the Company’s multi-product platform, MeridianLink® One.
Eltropy Doubles Down on Fintech Integrations and Generative AI Innovation in 2024
Eltropy Doubles Down on Fintech Integrations and Generative AI Innovation in 2024 Digital conversations platform leader surpasses 40 key partnerships with fintech leaders to elevate AI-powered member engagement for credit unions and community banks MILPITAS, Calif. – February 8, 2024 – Eltropy, the leading AI-powered conversations platform for credit unions and community banks (CFIs), announced
Credit Union Miracle Day Launches New Website
Credit Union Miracle Day has announced the launch of a new website at www.miracleday.org. The new website features a fresh look, improved user experience and better access to information about events and ways to support Children’s Miracle Network Hospitals.
PSCU/Co-op Solutions Launches New Buy Now, Pay Later Solution Across Legacy Co-op Payments Ecosystem
Credit card issuers that process with legacy Co-op Solutions now can offer their cardholders a new buy now, pay later (BNPL) option from PSCU/Co-op Solutions.
UMassFive Announces Scholarship Opportunities
UMassFive is proud to announce the Pioneer Valley Chapter of the Massachusetts Cooperative Credit Union Association’s (CCUA) Scholarship Program is accepting applicants for eight $2,000 scholarships to be awarded in 2024.
2024 Credit Union Data is Here! Liquidity, Membership and Asset Quality Highlights from Callahan & Associates
Callahan & Associates is thrilled to announce the release of year-end 2023 performance data, a month ahead of the NCUA’s release. This data is ready and available for customized analysis in Callahan’s Peer Suite software and will be the focal point of our year-end Trendwatch 4Q23 (callahan.com)
Baker Market Update – Week in Review: February 02, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
MeridianLink Recognized with HousingWire 2024 Tech100 Mortgage Award
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, received the 2024 HousingWire Tech100 Mortgage Award. The MeridianLink® Mortgage loan origination system was selected as a winner based on its industry-leading configurability, innovative borrower experience improvements, and ability to help customers substantially reduce origination times and
Indiana Members Credit Union Announces Whiteland Community High School Debit Card
Indiana Members Credit Union is pleased to announce it has partnered with Whiteland Community High School to offer a Whiteland Warriors themed debit card. The IMCU Whiteland Warriors debit card marks the 25th high school added to the IMCU Giveback Debit Card Program.
OPN® and Sharetec Partner to Deliver Instant Payments to Credit Unions
Integration between the two platforms enables customers to take advantage of instant payments via the FedNow® Service.
Redwood Credit Union Names Senior Vice President of Business Services
Redwood Credit Union has hired Steve Ward as senior vice president of business services.
GTE Financial Launches GTE Bolts Debit Card For Members As Official Credit Union Of The Tampa Bay Lightning
Locally owned and operated credit union GTE Financial launches the Bolts Debit Card for new and existing members as the official cr edit union of the Tampa Bay Lightning.
GreenState Credit Union announces New CEO
The GreenState Board of Directors have appointed Vikram Israni as Chief Executive Officer
U.S. Eagle Federal Credit Union Expands Partnership with PSCU/Co-op Solutions to Include Card Processing Services
PSCU/Co-op Solutions is pleased to announce its expanded partnership with U.S. Eagle Federal Credit Union (U.S. Eagle) to provide comprehensive credit and debit card processing services, alongside continued contact center support.
Valley First Credit Union Mourns the Passing of Longtime Director Emeritus, Wesley Walter Hall
It is with heavy hearts that Valley First Credit Union announces the passing of Wesley Walter Hall, a third-generation Californian, born on February 26, 1923, in Los Angeles. Wes embodied a life of unwavering dedication, service, and impact.
Courtney Baumann Joins Corporate Central in Key Role as Member Services Representative
Corporate Central is pleased to announce and welcome Courtney Baumann as a Member Services Representative. In this role, Baumann will serve as an expert resource that operates with the highest levels of empathy and compassion in a sincere manner. She will be a primary contact that establishes, maintains, and develops member relationships, while identifying member
Alexis Dohm Takes on Vital Role as Member Services Representative at Corporate Central
Corporate Central is also pleased to announce and welcome Alexis Dohm as a Member Services Representative. In this role, Dohm will play a crucial part in ensuring superior member service, addressing inquiries related to products and services, and fostering proactive relationship development between members and staff.
Corporate Central Celebrates Remarkable Achievement as 49 Employees Attain the CCUFC Designation
Corporate Central is proud to announce that 49 dedicated employees successfully earned the prestigious Certified Credit Union Financial Counselor (CCUFC) designation through the Credit Union National Association (CUNA) in 2023. The full press release and graphic are attached. Please note – portal only allows for one upload. A separate file for the graphic can be
LGE Community Credit Union named to America’s Best Credit Unions 2024 by Newsweek
LGE Community Credit Union announced today that it was recently recognized as one of America’s Best Credit Unions 2024 by Newsweek.
Co-op Pay Network Surpasses 200 Credit Unions Milestone
PSCU/Co-op Solutions today announced Co-op Pay Network has attracted more than 200 credit unions to its roster of participating issuers.
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
