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.
Kentucky Credit Union League Selects Jim Kasch as President/CEO By Humanidei
Louisville, KY, August 8, 2023. The Board of Directors of the Kentucky Credit Union League is pleased to announce the selection of Jim Kasch as the credit union’s next President/Chief Executive Officer. Mr. Kasch will succeed Ms. Debbie Painter, who is retiring after serving Kentucky’s Credit Unions for decades, including in the role of President/CEO
Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative By State Employees’ Credit Union
Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a supportive housing complex and community center for the homeless in New Hanover County. The completed complex will consist of 31 fully furnished tiny homes located within a gated community. Residents will have access to supportive
Acadia Federal Credit Union Drives New Efficiencies by Centralizing Member Service on the Glia Interaction Platform By Glia
Acadia Federal Credit Union has digitally transformed member services with Glia, adding convenient digital-first service options and centralizing its call center on the Glia Interaction Platform. Unifying phone and digital channels has enabled the credit union to meet strong demand for commercial and consumer loans while supporting overall membership growth.
BCU BECOMES FIRST ORGANIZATION TO RECEIVE “BUDGETNISTA STAMP OF APPROVAL” By BCU
After a year-long partnership with award-winning financial educator, Tiffany ‘The Budgetnista’ Aliche, BCU is proud to announce it has received the first-ever “Budgetnista Stamp of Approval.”
Baker Market Update – Week in Review: August 04, 2023 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.
Redwood Credit Union Welcomes New Vice President of Financial Assistance By Redwood Credit Union
Redwood Credit Union has hired Wellman Ho as vice president of financial assistance.
Ashley Chambers Selected as a Most Valuable Young Professional by CORP! By Chief Financial Federal Credit Union
Ashley Chambers, Director of Business Development at Chief Financial Credit Union, as a recipient of the prestigious Most Valuable Young Professional (MVP) Award in CORP! Magazine’s Eighth Annual MVP Awards. This recognition celebrates Chambers’ outstanding contributions to the business community and her exceptional leadership skills.
Plan Ahead to Get Ahead: The CUES 2024 Learning & Events Calendar is Now Available By CUES
Talent development leader CUES has released its 2024 Learning & Events Calendar and other tools to help the industry’s professionals solidify their career goals for the coming year.
GTE Financial Awards $78,000 In Scholarships To 26 Dedicated Students By GTE Financial Federal Credit Union
GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon. Finalists received $3,000 each and spent the afternoon celebrating at TPepin’s Hospitality Centre with their families, the Judging Committee, GTE’s Executive Management team, and GTE’s Board of Directors.
SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants By State Employees’ Credit Union
Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was part of the Foundation’s Mission Development Grant (MDG) program, providing each non-profit with $40,000 and an approved consultant to help address organizational needs for future business goals and sustainability.
A Practical Approach to Cost-Effective Indirect Lending By FOCUSONE
In today’s highly competitive financial landscape credit unions continually seek cost-effective solutions to strengthen their lending capabilities. Credit unions can leverage innovative and flexible indirect lending programs to optimize their lending operations while minimizing unnecessary expenses. By partnering with a trusted indirect lending industry leader, credit unions can harness technology and tailor services to achieve
CUSO’s ‘CU-Save’ Program Continues to Deliver Big Time Savings to Credit Unions By Corporate Central Credit Union
InterLutions, a CUSO providing contract negotiations and cost reduction services, continues to deliver eye-opening savings for its credit union clients. Since the launch of the program in 2017, InterLutions has helped 80 credit unions save over $30 million. The solution is called CU-Save and partners with the industry-leading advisory firm SRM to review third-party vendor
Passing of Charles “Chuck” Furbee, III, Former CEO of Alloya Corporate Federal Credit Union By Alloya Corporate Federal Credit Union
Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July 29, 2023 in Naperville, Illinois at the age of 81. Furbee was Alloya’s founding CEO, serving the corporate from 2010 to 2013 before retiring. In addition to his service at Alloya, Furbee was a U.S.
ALLIANCE CU Finds Member-Centric Technology Partner in Co-op Solutions By CO-OP/PSCU
With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its partner to provide In-House Credit and Debit transaction processing, and ATM Terminal Driving services.
FINCOMP, the only HR conference of its kind. By BalancedComp
BalancedComp, a leading provider of workforce compensation consulting and software solutions for financial institutions, announced the upcoming launch of its next corporate milestone making waves nationwide in the industry: FinComp 2023. This first-ever event is the most comprehensive compensation conference in the country, tailored for HR professionals at mid and senior-levels working in banks and
SchoolsFirst Federal Credit Union Holds Workshops to Commemorate Signing of Americans with Disabilities Act By SchoolsFirst Federal Credit Union
SchoolsFirstFCU hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and Sacramento operation center, to commemorate the July 26 anniversary of the signing of the Americans with Disabilities Act (ADA). Each session featured hands-on learning activities to simulate common disabilities, which gave team members direct experience
NEW VP AT CUSO HOME LENDING BRINGS DECADES OF EXPERIENCE IN MORTGAGE ARENA By Maine Credit Union League
CUSO Home Lending President and CEO, Lori Michaud today announced the hiring of a new Vice President of Servicing and Loss Mitigation. Troy Taylor accepted the position in June and has come to Maine from Pennsylvania.
2023 CUES® Compensation Survey Results Indicate Compensation Up Across Most Positions By CUES
Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in the 2023 CUES Executive Compensation Survey.
Georgia Gwinnett College Program to Benefit First-Generation Students By Peach State Federal Credit Union
LAWRENCEVILLE, GA (August 1, 2023) – A new scholarship at Georgia Gwinnett College (GGC) will help first-generation college students reduce the cost of their education. Generally, first generation students are defined as those whose parents did not complete a four-year college or university degree. Made possible by a $250,000 pledge to the Georgia Gwinnett College
CUSO Financial Services Welcomes Northern Credit Union By CUSO Financial Services, L.P.
$600 Million Northern Credit Union Cites Experience in Personalized Member Solutions as Reason for Joining CUSO Financial Services.
myCUmortgage Starts Strong in 2023 and Signs Five New Partner Credit Unions By Wright-Patt Credit Union
New Q1 & Q2 partners share myCUmortgage’s pursuit of helping more credit union members with homeownership
First Alliance Credit Union Selects Brent Rempe as President/CEO By Humanidei
Stewartville, MN, August 1, 2023. The Board of Directors of First Alliance Credit Union is pleased to announce the selection of Brent Rempe as the credit union’s next President/Chief Executive Officer. Mr. Rempe will succeed Mike Rosek who is retiring after serving in the role for 6 years. “Even with a group of highly qualified
eDOC Celebrates Team Achievement with Its Annual Step Challenge and Charitable Donations By eDOC Innovations
eDOC completed its Annual Step Challenge, promoting physical activity, encouraging a healthy work-life balance and boosting employee morale. Members of the winning team were awarded additional Paid Time Off (PTO) and the CUSO donated to worthy community causes like Green Mountain Habitat for Humanity and the Addison Country Humane Society on behalf of the winners.
Clearview Federal Credit Union Announces Organizational Realignment By Clearview Federal Credit Union
Clearview Federal Credit Union is pleased to announce an organizational realignment and the newly named members of its Executive Leadership Team
Garden Savings Donates $14,000 to Children’s Specialized Hospital By Garden Savings Federal Credit Union
Garden Savings recently raised $14,000 for Children’s Specialized Hospital through their 2023 Golf Outing. An additional $14,000 was raised for Big Brothers Big Sisters at this event. For photos, please contact Carlos at CRonquillo@gardensavingsfcu.com
Clearview Announces Organizational Realignment By Clearview Federal Credit Union
Clearview Federal Credit Union is pleased to announce an organizational realignment and newly named the members of its new Executive Leadership Team.
Callahan & Associates Introduces New Webinar Series: “A Conversation With…” By Callahan & Associates, Inc.
Callahan & Associates, the leading provider of resources for credit union professionals, introduces “A Conversation With…,” an exciting new webinar series. These exclusive interviews with industry leaders provide valuable insights on top-of-mind topics derived from their extensive experience.
TEG Federal Credit Union Partners With Arkatechture By Arkatechture
Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed a partnership with TEG Federal Credit Union, a New York based credit union founded as a teacher’s credit union. Founded in 1969, TEGFCU has experienced significant growth over the past ten years, and this growth
Baker Market Update – Week in Review: July 28, 2023 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.
InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate By Eltropy
InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy’s cutting-edge Video Banking solution, the Portland, Ore.-based credit union achieved an impressive 0% fraud rate, effectively safeguarding members and defeating fraudulent impersonations.