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.
Truliant Promotes Johnson to Chief Financial Officer
WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the role of Chief Financial Officer. Previously, he was senior vice president, controller.
Peach State FCU and Toys for Tots Unite in Holiday Spirit
Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! Every year, the credit union uses their branch locations as convenient drop-off sites for community members to support Toys for Tots.
Baker Market Update – Week in Review: December 29, 2023
Summary: 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 Steps Up for Annual Secret Santa Program
When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped up to fill the holiday wishes of many people in need.
SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has been appointed to the newly created position of Vice President, Mortgage Operations, serving Members’ real estate financing needs. She has joined the SchoolsFirst FCU operations team in the Tustin office. In her new role, Davis
GreenState is halfway to their $1 billion mortgage lending goal
GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial homeownership gap across the state.
United Federal Credit Union Names New Mortgage Advisor in Battle Creek
United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater Battle Creek Area.
Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024
Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via its Third-Party Service Provider (TPSP) solution. The corporate is extending the solution to connect to the FedNow Service within the first quarter of 2024 to provide a unified connection solution for credit unions to both
Day Air Credit Union Gives Back in Multiple Ways this Holiday Season
It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving season. Day Air once again supported organizations and community members throughout the Miami Valley, with gifts of support, education, and time.
Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program
Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has reached a significant career milestone by successfully completing the Executive Master of Business Administration (EMBA) program at Marquette University.
Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.
Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announce a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing. By making credit
Catalyst Corporate Announces PCC Redemption of 12.5%
Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual contributed capital to its capital shareholders. The amount totals approximately $24 million.
Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union
Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. This event is designed to empower students with practical financial knowledge and skills. The program provides participants with hands-on experience, allowing them to gain insights into real-world financial scenarios and make informed decisions about budgeting,
LGE Foundation donates $284,000 to local nonprofits
On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.
California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital
Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff Children’s Hospital leadership on behalf of the Credit Unions for Kids Wine Auction executive committee.
Members Drive Growth as Truliant Surpasses $5 Billion in Assets
Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after the credit union passed the $4 billion mark in late 2022.
United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras
United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Baker Market Update – Week in Review: December 15, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions
Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative AI solutions designed to overcome the friction of traditional support and employee training to deliver exceptional member and employee experiences. Powered by CFI-specific large language models (LLMs), Eltropy’s generative AI tools are bringing efficiency and
Thomas Named to American Banker’s Most Powerful Women in Credit Unions List
American Banker has recognized Truliant Federal Credit Union’s Chief Administrative Officer Sherri Thomas as one of its 2023 Most Powerful Women in Credit Unions.
Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins
Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive cultures, is excited to announce they are expanding their recruitment team with the addition of Jaime Marks and Sonya Watkins. Marks and Watkins will join Carl Clark in directing the firm’s recruitment services. Humanidei’s mission
Corporate Central Employees Make a Difference at Hope Center
Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at the Hope Center in Waukesha, WI. Hope Center is a non-profit organization that has been serving the basic needs of financial assistance, food, and clothing in Waukesha County for more than thirty years.
SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities
SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects. The Foundation’s advocacy for their valuable work brought a $250,000 challenge grant to directly support the development of programs to build coastal resiliency, reduce vulnerability to
Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform
Eltropy, a leading digital conversations platform for community financial institutions (CFIs), announced today that Eltropy’s Digital Conversations Platform is now accessible through the Jack Henry™ digital banking platform.
BECU’s 10th Annual People Helping People Awards Program Grants $525,000 to Member-Nominated Nonprofits
After receiving nearly 900 nominations, last night BECU honored nonprofit organizations and BECU members at its annual People Helping People Awards. For the first time in three years, the celebration was held in-person and recognized the positive impact of more than 30 nonprofits in BECU’s service areas.
Corporate Central Welcomes Danielle Carter as Risk & Compliance Coordinator
Corporate Central is pleased to announce and welcome Danielle Carter as a Risk & Compliance Coordinator. In this role, Carter will coordinate third party risk management and compliance activities across the credit union’s employees and lines of business. Please see the full press release and graphic attached.
BECU Announces Drew Wolff as Chief Financial Officer
BECU, the country’s fourth-largest credit union, today announced it has welcomed Drew Wolff as executive vice president and chief financial officer (CFO). In his role, Wolff is responsible for ensuring all aspects of BECU’s financial strategy, management and performance support the credit union’s near- and long-term strategic objectives.
Peach State FCU C.A.R.E.S. Foundation to Award Over $287k in Scholarships and Educational Grants
The Peach State FCU C.A.R.E.S. Foundation recently announced that its 2024 scholarship program is now open and accepting applications. The Foundation’s annual scholarship program awards graduating high school seniors and professionals seeking career advancement financial assistance to help offset the costs of continuing education. This year, the C.A.R.E.S. Foundation will be awarding over $287,000 in
United Federal Credit Union Promotes Kyle Rogers to Business Loan Officer in Indiana
United Federal Credit Union has promoted Kyle Rogers to Business Loan Officer in Indiana. Rogers will be based at United’s branch at 4840 N. Main St. in Mishawaka.
Malisha Yang Transitions from Member Services Specialist to Key Role as Compliance Analyst at Corporate Central
Corporate Central is pleased to announce that Malisha Yang, CCUFC, has accepted a new position within the organization as a Compliance Analyst. Please see the full press release and graphic attached.
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