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.
Alloya Corporate FCU Facilitates Multi-Issuer Auto Loan Securitization
Alloya is excited to announce that it has completed the credit union network’s first ever multi-issuer prime auto loan asset backed securitization (ABS), working alongside three credit unions, Blaze (Minnesota), Consumers (Illinois) and Interra (Indiana). Further details are in the attached press release.
SchoolsFirst FCU Team Members Help Harvest 6,000 Pounds of Produce on Credit Union Industry’s Development Education Day of Service
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, participated in the credit union industry’s annual Development Education (DE) Day of Service on June 11, joining forces with credit union teams from around the world to complete a day of community service. This designated day
Algebrik AI and Kinective Partner to Streamline Lending from Application to Signature
Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City pioneering the world’s first cloud-native, AI-powered, digital-era Loan Origination Suite (LOS), today announced a strategic partnership with Kinective, a leading provider of digital connectivity, document workflow, and core integration solutions for the banking sector. This partnership brings together Algebrik AI’s intelligent loan origination system
Winthrop Area Federal Credit Union Renews Partnership with Synergent
Synergent® is pleased to announce that Winthrop Area Federal Credit Union has renewed its long-term partnership with Synergent. The renewal includes a 10-year agreement with Synergent for hosted Jack Henry™ Symitar® core processing, and five-year agreements for iPay consumer bill pay, debit card services, mobile deposit capture, check processing, statement processing, and Orpheus digital banking.
Vizo Financial’s July 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 July 2025 cover a variety topics including ACH operations, Bank Secrecy Act and Anti-Money Laundering training, effective management techniques, economic analysis
Algebrik AI Strengthens Leadership Team with Appointment of Lending Industry Veteran Jennifer Hernandez
Algebrik AI Inc.,a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered digital-era Loan Origination System (LOS) company, today announced the appointment of Jennifer Hernandez as Vice President of Customer Success & Account Management. With nearly three decades of experience in the credit union industry as a seasoned consumer lending executive,
Algebrik AI Partners with TruStage™ to Offer Embedded Lending Protection Products Through the Loan Origination Journey
Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world’s first cloud-native, AI-powered, digital era Loan Origination System (LOS), today announced a partnership with TruStage™, a financially strong insurance and financial services provider. This collaboration integrates the education of a broad suite of lending protection offerings from TruStage—including GAP coverage, debt protection,
Alloya Announces Change in Payments Leadership
FOR IMMEDIATE RELEASE Naperville, Ill. (July 3, 2025) – Alloya Corporate Federal Credit Union announced today that Jim Schneck has been named Senior Vice President of Payments. In this role, he will oversee Alloya’s Payments business. Schneck joined the corporate in 2018, overseeing the strategic planning process as Chief Strategy and Innovation Officer. He was
SECU Joins North Carolina Governor’s Office for 2025 School Supply Drive to Benefit Teachers and Students
State Employees’ Credit Union (SECU) is pleased to announce its continued support for the annual Governor’s School Supply Drive, which kicked off Wednesday morning with an announcement by Governor Josh Stein at SECU’s Salisbury Street office in downtown Raleigh. This is the seventh year SECU branches have served as collection sites for the Drive to
Baker Market Update – Week in Review: July 3, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Sound Credit Union Completes Conversion of Washington Business Bank
TACOMA, Wash. – On Saturday, June 28, 2025, Sound Credit Union (Sound), headquartered in Tacoma, successfully completed the system conversion of Washington Business Bank (OTCPK: WBZB), based in Olympia, Washington. This milestone marks the final step in Sound’s acquisition of the bank.
Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration
Coastal Credit Union has completed a transformative renovation of its headquarters in Raleigh, NC. What began as a response to space constraints evolved into a bold reimagining of the workplace, driven by the shift to hybrid work. The result is a state-of-the-art environment designed to foster flexibility, collaboration, and employee well-being. From flexible workstations and
Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members
Corporate Central is proud to announce the official launch of Business ACH, the first solution under its growing Beastro Business suite of digital payment services. Business ACH enables credit unions to offer their business members a powerful, secure, and fully branded ACH platform for managing electronic payments—delivering speed, simplicity, and control via the credit union
Inman honors Cloudvirga CEO Maria Moskver with third consecutive Best of Finance award
Maria Moskver, CEO of Cloudvirga, has been named to Inman’s Best of Finance list for a third consecutive year. She was recognized for work helping credit unions and other lenders navigate a fast-changing market while improving how they engage and support members.
Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025
Redwood Credit Union (RCU) is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek.
LAFCU CFO Leslie Rorie named a Notable Leader in Finance
LANSING, Mich. — LAFCU is proud to announce that Leslie Rorie, chief financial officer, has been named one of Crain’s Detroit Business’ 2025 Notable Leaders in Finance, an honor that recognizes executives who are leading the finance industry in their communities.
CEFCU Selects Student Choice for Private Student Loan Solutions
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that it will soon be delivering private student loan and refinance solutions to members of Citizens Equity First Credit Union (CEFCU) ($8.3B assets; 410,618 members; Peoria, IL).
EECU and Madera County Superintendent of Schools Celebrate New ATM with Ribbon-Cutting Ceremony
FRESNO, Calif. (June 25, 2025) — Educational Employees Credit Union (EECU) and the Madera County Superintendent of Schools (MCSOS) celebrated the opening of a new on-site ATM with a ribbon-cutting ceremony on Wednesday, June 25. The opening represents a continued partnership between the two organizations focused on accessibility, service, and investment in the growing Madera
Cleveland Monsters Unveil Jersey Patch with Century FCU
CLEVELAND – The Cleveland Monsters are proud to announce Century Federal Credit Union has become the Official Credit Union and jersey patch partner of the Monsters beginning in the 2025 Calder Cup North Division Semifinals.
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
Hosted by the TowerCares Foundation, Tower Classic raised the highest amount in the event’s 42-year history, with all proceeds going to help critically ill children receiving care at Johns Hopkins Children’s Center in Baltimore, Maryland. Over the years, the annual golf tournament has raised over $1.1 million to help local children in need. ———— Emerson
Credit Unions Sound the Alarm on Student Loan Procrastination — Urge Families to Lock in Flexible Line of Credit Before Fall Deadlines
CU Student Choice, a leading provider of education financing solutions, is renewing its nationwide outreach campaign to help students and families avoid last-minute borrowing pitfalls and long-term debt.
SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation Innovation in Education Awards
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented the Innovative Superintendent and Team Award to four school district leaders in San Diego County during the 22nd Annual Classroom of the Future Foundation (CFF) Innovation in Education Awards program held May 15 at SeaWorld
Redwood Credit Union Birthday Bash Raises Over $31,000 for Youth Arts Programs
A shared birthday celebration raised over $31,000 to support music programs for youth in the North Bay.
Baker Market Update – Week in Review: June 20, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Synergent Names Tyler Hudson as President
Synergent is thrilled to announce the appointment of Tyler Hudson as its new President, effective immediately. A longtime Synergent executive with 23 years of experience in the credit union industry, Hudson brings a rare combination of deep technical knowledge, operational insight, and broad industry perspective to the role.
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Alogent is proud to announce that Lead Bank has selected Unify to power in-branch teller capture and remote deposit capture across its mobile and ATM/ITM channels. This technology decision reflects Lead Bank’s ongoing commitment to innovation and delivering seamless, customer-first experiences. With Unify, Lead Bank will streamline deposit capture across multiple channels, reduce operational complexity,
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
Justice Federal Credit Union is pleased to announce its strategic partnership with LPL Financial (LPL) to offer financial planning and investment services to the justice, law enforcement, and public safety community through Justice Federal Investment Services. This initiative reflects Justice Federal Credit Union’s ongoing commitment to supporting those who serve, ensuring they have access to
EECU Wins in Three Categories of 2025 Best of Central California Awards
Fresno, CA – June 18, 2025 – Educational Employees Credit Union (EECU) is proud to announce its recognition in three prestigious categories of The Fresno Bee’s 2025 Best of Central California People’s Choice Awards. These honors reflect EECU’s ongoing commitment to excellence, service, and community impact that are central to its mission as a not-for-profit
Velera Promotes Mark L. Robnett to Director of its Board
Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced the promotion of Mark L. Robnett, President and CEO of Justice Federal Credit Union, to Director on its Board. Robnett previously served as an Associate Director and replaces Ezra Eckhardt, former Velera Board member and previous president
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families in the U.S., has landed as No. 1 on Forbes’ 2025 list of the Best Credit Unions in California. America’s Best-In-State Credit Unions 2025 ranking lists the financial institutions that stood out for fulfilling the unique
Chartway’s Week of Giving Brings Utah Communities Together for Celebrations and Sell-Out Fundraising Event
SchoolsFirst Federal Credit Union Expands Across California With Seven New Branches
Five credit unions earn California’s Cal IIP Awards with assistance from CU Strategic Planning
3Rivers Credit Union Foundation Surpasses $132,000 in Community Giving During First Half of 2026
MERGER PLANNED FOR HEALTHCARE ASSOCIATES CREDIT UNION (HACU) AND BAXTER CREDIT UNION (BCU)
Centris Federal Credit Union Selects Alogent’s Unify SaaS Platform to Modernize and Streamline Enterprise Deposit Processing
Hartford Federal Credit Union Chooses Synergent as Partner for Core Processing and Integrated Services
Quavo Fraud & Disputes Releases 2026 State of Dispute Management Performance Report
Credit Unions Reach 250+ Shared Member Stories Reflecting The People-First Purpose Of The Movement
NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA
Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance
Coastal Credit Union Now Live with CashBack+ Credit Card Rewards
Tower Federal Credit Union & TowerCares Foundation Launch $250,000 for a Brighter America: A New Community Giving Initiative Supporting Military, Veterans, and Children in Need
Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027
Baker Market Update – Week in Review: May 29, 2026
Vizo Financial’s June 2026 Education Calendar
LAFCU awards $20,000 in scholarships through annual essay contest
SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards
Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards
eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions
Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources
Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging
CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS
Chartway Credit Union Continues Growth with Two New Branches
Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game
Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!
Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions
CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation
BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™
Chartway’s Week of Giving Brings Utah Communities Together for Celebrations and Sell-Out Fundraising Event
SchoolsFirst Federal Credit Union Expands Across California With Seven New Branches
Five credit unions earn California’s Cal IIP Awards with assistance from CU Strategic Planning
3Rivers Credit Union Foundation Surpasses $132,000 in Community Giving During First Half of 2026
MERGER PLANNED FOR HEALTHCARE ASSOCIATES CREDIT UNION (HACU) AND BAXTER CREDIT UNION (BCU)
Centris Federal Credit Union Selects Alogent’s Unify SaaS Platform to Modernize and Streamline Enterprise Deposit Processing
Hartford Federal Credit Union Chooses Synergent as Partner for Core Processing and Integrated Services
Quavo Fraud & Disputes Releases 2026 State of Dispute Management Performance Report
Credit Unions Reach 250+ Shared Member Stories Reflecting The People-First Purpose Of The Movement
NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA
Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance
Coastal Credit Union Now Live with CashBack+ Credit Card Rewards
Tower Federal Credit Union & TowerCares Foundation Launch $250,000 for a Brighter America: A New Community Giving Initiative Supporting Military, Veterans, and Children in Need
Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027
Baker Market Update – Week in Review: May 29, 2026
Vizo Financial’s June 2026 Education Calendar
LAFCU awards $20,000 in scholarships through annual essay contest
SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards
Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards
eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions
Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources
Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging
CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS
Chartway Credit Union Continues Growth with Two New Branches
Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game
Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!
Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions
CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation
BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™
Chartway’s Week of Giving Brings Utah Communities Together for Celebrations and Sell-Out Fundraising Event
SchoolsFirst Federal Credit Union Expands Across California With Seven New Branches
Five credit unions earn California’s Cal IIP Awards with assistance from CU Strategic Planning
3Rivers Credit Union Foundation Surpasses $132,000 in Community Giving During First Half of 2026
MERGER PLANNED FOR HEALTHCARE ASSOCIATES CREDIT UNION (HACU) AND BAXTER CREDIT UNION (BCU)
Centris Federal Credit Union Selects Alogent’s Unify SaaS Platform to Modernize and Streamline Enterprise Deposit Processing
