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.
Previewing the NASCUS State System Summit in Colorado Springs By NASCUS
The National Association of State Credit Union Supervisors (NASCUS) will convene its 59th annual meeting, the State System Summit (S3), from October 21-23, 2024, at the Broadmoor in Colorado Springs, CO. This premier event offers a distinctive opportunity for state regulators and credit union system stakeholders to engage over a multi-day platform.
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION LEVERAGES ORIGENCE’S PLATFORMS TO STREAMLINE PROCESSES AND SUPPORT GROWTH INITIATIVES By Origence
Michigan State University Federal Credit Union (MSUFCU) partners with Origence, the leading lending technology solutions provider for credit unions, to streamline processes and enhance its financial services as it continues to expand. This strategic collaboration aims to leverage Origence’s arc OS and arc DX platforms for both loans and account opening. The platform will enable
ACUMA Welcomes New Board Member; Slate of Officers Approved By American Credit Union Mortgage Association (ACUMA)
The American Credit Union Mortgage Association (ACUMA) has added Brandon Webb, Senior VP of Mortgage Lending at Arkansas Federal Credit Union, to its Board of Directors. Webb, who has significantly grown his credit union’s mortgage portfolio since 2019, expressed pride in joining ACUMA’s leadership. Additionally, Vince Salinas of Patelco Credit Union has been named Board
Advia Credit Union Grows Stronger in Illinois with Completed Purchase of NorthSide Community Bank By Advia Credit Union
Advia Credit Union is pleased to announce that its merger with NorthSide Community Bank, headquartered in Gurnee, Illinois, is now official as of October 1, 2024. This collaboration marks a new chapter in Advia’s growth, bringing additional opportunities to members in northeastern Illinois.
GTE Financial Triumphs with Bronze Marketing Association of Credit Unions Award for Culture/Internal Branding for Compliance Week By GTE Financial Federal Credit Union
GTE Financial, a leading credit union in Tampa Bay, was honored this month with the prestigious Bronze Marketing Association of Credit Unions (MAC) Award for Culture/Internal Branding. This recognition came during the annual MAC Awards, celebrating innovative marketing achievements within the credit union industry.
Maine Credit Unions Launch Challenge to Fight Hunger By Maine Credit Union League
As part of their longstanding efforts, Maine credit unions are proud to announce the launch of their fifth annual $100,000 Ending Hunger Challenge. Throughout the month of October, Maine Credit Unions’ Campaign for Ending Hunger will be working to raise $100,000 to provide access to nutritious meals for those in need.
Corporate Central Welcomes Raghu Gandhe as Data and Analytics Architect By Corporate Central Credit Union
Corporate Central is pleased to announce the addition of Raghu Gandhe as Data and Analytics Architect. In this critical role, Gandhe will be responsible for designing, developing, and operating scalable, reliable, resilient, cost-efficient, and secure data and analytic solutions for Corporate Central’s SaaS applications and fintech innovation.
myCUmortgage and FedComp Announce Strategic Partnership to Deliver Credit Union Mortgage Services By myCUmortgage
Partnership enables FedComp core system users to launch and expand mortgage services through myCUmortgage for their members
Teachers Federal Credit Union Sets Goal to Raise $150,000 for the American Cancer Society Making Strides Against Breast Cancer By Teachers Federal Credit Union
HAUPPAUGE, N.Y. (October 1, 2024) – Teachers Federal Credit Union, one of the largest credit unions in the United States with more than $9.8 billion in assets and over 460,000 members nationwide, is proud to return for its third year as the Presenting Sponsor of American Cancer Society Making Strides Against Breast Cancer Long Island.
Valley First Credit Union Earns Prestigious Juntos Avanzamos Designation By Valley First Credit Union
MODESTO, Calif. (Oct 1, 2024) – Valley First Credit Union is proud to announce that it has obtained the distinguished Juntos Avanzamos designation. This designation underscores the credit union’s commitment to empowering Hispanic/Latinx and immigrant consumers through dedicated financial services and community support.
81 CDFI CU Grants Push CU Strategic Planning Clients’ Total to Over $1 Billion By CU Strategic Planning
When the Community Development Financial Institutions (CDFI) Fund announced its combined FY 2023 and 2024 Financial Assistance (FA) Awards and Native American CDFI Assistance (NACA) Awards today, 81 credit unions working with the CU Strategic Planning were awarded more than $72 million. This accounts for 60% of FA awards granted to credit unions in this
Jeanne D’Arc Credit Union Partners With Arkatechture to Improve Member Experience Through Data By Arkatechture
With Arkatechture’s help, Jeanne D’Arc Credit Union is maximizing the use of their data in order to improve the member experience through personalized service
Day Air Host Member Appreciation Event at Day Air Ballpark By Day Air Credit Union
Day Air Credit Union proudly hosted a unique Member Appreciation Event on Sunday, September 22nd, at Day Air Ballpark. More than 2,000 members gathered to enjoy a day filled with entertainment, family fun, and exclusive opportunities to connect with the organization’s leadership.
Habitat for Humanity works with Local Credit Unions to Build Fifth House that Credit Unions Built By Greater Texas Federal Credit Union
Greater Texas Credit Union is one of four CUs that has been collaborating with the Austin Habitat for Humanity to build affordable housing in the city.
Virginia Bureau of Financial Institutions Receives NASCUS Reaccreditation By NASCUS
The National Association of State Credit Union Supervisors (NASCUS) proudly announces that the Virginia State Corporation Commission, Bureau of Financial Institutions (BFI) has earned Reaccreditation following a series of in-depth reviews and assessments by a panel of veteran state supervisors.
SchoolsFirst Federal Credit Union Named ‘Best Credit Union’ in the Inland Empire By SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has been named the “Best Credit Union” in the Inland Empire by readers of the Riverside Press-Enterprise in the newspaper’s annual Best of Inland Empire Readers’ Choice Awards announced August 25. The recognition for SchoolsFirst FCU was part of the “Hometown
Envisant and Curql Fund II Gain Momentum with $2 Million Secured in Early Commitments By Envisant
I’m pleased to share a press release announcing the growing momentum behind Envisant’s collaboration with Curql Fund II. This initiative is empowering credit unions to accelerate their digital transformation and gain access to innovative fintech solutions. Key Highlights: • Early Success: Envisant has secured $2 million in initial commitments from twelve credit unions for investment
Eltropy Showcases AI-Powered Solutions at Over 20 Industry Events to Close Out 2024 By Eltropy
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced its participation in more than 20 industry events from September through December 2024. This extensive lineup underscores the increasing adoption of Eltropy’s Unified Conversations Platform, which leverages artificial intelligence to transform member communications for credit unions and CFIs.
EXECUTIVE DIRECTOR OF LIFE. MONEY. YOU.® AMONG 2024 CU TIMES LUMINARIES FINALISTS By BCU
BCU is proud to announce Bjorn Larson, Executive Director of Life. Money. You.®, LLC (LMY) Credit Union Service Organization (CUSO) owned by BCU, has joined the Credit Union Times LUMINARIES Class of 2024 Finalists in the Third-Party/Fintech/Trade Associations/CUSOs – Executive Leadership individual categories, respectively.
Orianna Valentine Achieves Prestigious Dual Digital Marketing Certifications By Corporate Central Credit Union
Corporate Central is proud to announce that Orianna Valentine, CCUFC, CDMP, aPCM®, Marketing Strategist, has earned dual certifications in digital marketing: the Certified Digital Marketing Professional (CDMP) from the Digital Marketing Institute (DMI) and the Associate Professional Certified Marketer® (aPCM®) in Digital Marketing from the American Marketing Association (AMA).
Education Foundation for California Schools Announces Call for Applications for Teacher Grant Awards By SchoolsFirst Federal Credit Union
The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that applications for the annual teacher grant awards will be accepted beginning Oct. 1. Each year, the grants help fund programs designed to encourage students to learn and excel in the
Baker Market Update – Week in Review: September 20, 2024 By The Baker Group, LP
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
United Federal Credit Union Names Tracy Mast Branch Manager in Buchanan By United Federal Credit Union
United Federal Credit Union (United) has named Tracy Mast Branch Manager at its branch at 808 E Front Street in Buchanan, Michigan.
2024 CUES Emerge Competition Judging Panel Announced By CUES
CUES and partner Currency Marketing have selected a team of highly-respected credit union leaders to serve as the 2024 CUES Emerge judging panel.
Alogent Recognized as Finalist in Credit Union Times Luminaries Awards for Payment Solutions Innovation By Alogent
Alogent announce that its Unify platform has been named a finalist for the Credit Union Times Luminaries Awards in the Product Innovation, Payment Solutions category. This recognition highlights Unify’s unique approach to enterprise deposits automation and its significant impact on the financial services industry. By consolidating all deposit channels into a single, modern platform with
NASCUS Announces 2024-25 Board and Advisory Council Election Results By NASCUS
In August, the National Association of State Credit Union Supervisors (NASCUS) conducted its annual elections for its Regulator Board and Credit Union Advisory Council. Members of the NASCUS Regulator Board are elected by NASCUS regulator members, comprised of all state credit union regulatory agencies across the nation.
Coop Manati Chooses Sharetec for Its Modernization & Efficiency By Sharetec Systems, Inc.
Sharetec, an inventive and advanced leader in credit union technology, recently announced its new partnership with Coop Manati, one of the fastest growing credit unions in Puerto Rico (PR). Coop Manati is committed to expanding its capabilities to provide the best for their membership, and with Sharetec, the credit union is looking forward to offering
HealthShare Grants $50,000 in Down Payment Assistance By HealthShare Credit Union
To support financial stability and homeownership for low-income members, HealthShare Federal Credit Union announced five $10,000 down payment grants, helping turn the dream of homeownership into reality for deserving individuals.
Synergent and Jack Henry Celebrate 20 Years of Partnership By Synergent
Synergent® and Jack Henry™ recently celebrated the monumental milestone of 20 years of partnership! To commemorate, staff members from both Synergent and Jack Henry traveled to KV Federal Credit Union in Augusta, Maine, to mark the occasion where Synergent completed its first core conversion to Episys (now Symitar).
SchoolsFirst Federal Credit Union Funds Cal Poly Pomona Credentialing Program By SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced its partnership with Cal Poly Pomona (CPP) to fund support for teachers earning their computer science supplementary authorization. The program benefits elementary, middle and high school teachers and has achieved initial success during the