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.

Date

Another Successful Toy Drive at Peach State FCU to Benefit Toys for Tots

LAWRENCEVILLE, GA (December 31, 2024) – Peach State Federal Credit Union recently held its annual toy drive in support of the Marine Toys for Tots program. Every year, the credit union sets up donation boxes at their branches, which serve as convenient drop-off sites for members and staff to donate new, unwrapped toys.

Corporate One Federal Credit Union Returns $15.5 Million to Members in 2024

Corporate One Federal Credit Union returned $15.5 million to its members in 2024, marking a record year. This included over $13.7 million distributed through four quarterly dividends to perpetual contributed capital (PCC) owners, with an annualized dividend rate of 6.05% and a Q4 rate of 5.65%. Additionally, members using two or more payment solutions received

INOVA Awards Lifetime Achievement Award to Larry Sain

During their December 19th Board Meeting, INOVA Federal honored former Board Member Larry Sain with their Lifetime Achievement Award, while also officially renaming their Boardroom the Larry Sain Boardroom.

Corporate One’s CUSO Accolade Advisory Announces JD Pisula as New President/CEO

Accolade Advisory, a wholly owned credit union service organization (CUSO) of Corporate One Federal Credit Union, announced that it has named JD Pisula to the position of President/CEO. Pisula has served as Accolade’s vice president of strategic advisory since 2019, and he has replaced President/CEO Dave Fearing. Fearing will serve as a consultant to Accolade’s

SECU Foundation Awards Grant to Foster Family Alliance of North Carolina to Support Enhanced Training and Onboarding

SECU Foundation recently awarded Foster Family Alliance of North Carolina (FFA-NC) a $300,000 grant for the development and implementation of a new centralized software system to support its advocacy and work for foster children. The platform will provide a statewide focus for managing professional trainings, certifications, and enhanced onboarding to help improve the enlistment and

QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy

QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce the launch of its new CECL Validation service. Designed to ensure credit unions’ compliance with the Current Expected Credit Loss (CECL) accounting standard, the service provides a comprehensive review and validation of CECL processes to enhance accuracy, reliability, and regulatory alignment.

Redefining First-Party Collections: How Technology is Shaping the Future

Streamlining debt recovery and staying at the forefront of innovative technology and digital solution enhancements is not only in the best interest of FIs, but also for their borrowers. It is crucial to consider these thoughts when allocating resources for 2025 and beyond.

Valley First Credit Union Selects Christopher Dalman as Chief Information Officer (CIO)

Modesto, CA, December 13, 2024. Valley First Credit Union proudly announces Christopher Dalman as its new Chief Technology Officer (CTO). Dalman will drive the Credit Union’s technological innovation, enhancing infrastructure, cybersecurity, and member services while aligning strategies with its mission of “Making Good Happen.” With a proven track record in technology leadership, he is set

eDOC Spreads Holiday Cheer

As an annual tradition, the eDOC team provided gifts to twenty two local children and a family in Addison County, Vermont. The team collaborated to ensure that each child and family member received meaningful and personalized gifts, making the holidays a bit brighter for those they assisted.

Elan Credit Card Donates $150,000 to American Red Cross Hurricane Relief to Support Impacted Partners

MINNEAPOLIS —Elan today announced a $150,000 donation to the American Red Cross to support relief and recovery efforts in communities impacted by Hurricanes Milton and Helene, on behalf of our partners. “Our hearts go out to our teammates, partners, and communities affected by Hurricanes Milton and Helene,” said Aaron Melnarik, Elan Credit Card Director of

Cetera Welcomes Eglin Federal Credit Union

Florida-based credit union with 70-year track record to collaborate with Cetera Financial Institutions to grow and deliver member-focused investment program.

Cetera Announces Partnership with Citadel Credit Union

Philadelphia-area credit union serving more than 260,000 members with more than $6 billion in assets joins Cetera Financial Institutions from CUSO Financial Services Partnership designed to accelerate growth of Citadel Credit Union’s established investment services program Cetera Financial Group, the premier financial advisor Wealth Hub, announced today that Citadel Credit Union has entered into a

Eltropy Sets New Standard in Credit Union Vendor Consolidation Through Unified Platform Approach

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced a strengthened commitment to vendor consolidation through its comprehensive, enterprise-wide solution. As credit unions face mounting pressure to streamline operations and reduce costs, Eltropy’s unified platform approach eliminates the “hairball effect” – the complex web of disconnected point solutions that create operational

UMassFive Donates Hundreds of Winter Coats and Clothing Items

UMassFive is proud to share that their members, staff, and community partners have donated hundreds of winter coats and clothing items to Amherst Survival Center, the Gray House in Springfield, and Net of Compassion in Worcester.

Industry Analysis & Trends

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Making A Difference

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing ...
Operations & HR

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s ...
Other

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has ...
Other

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, ...
Making A Difference

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit ...
Making A Difference

SECU’s Statewide Network of 275 Branches to Serve as Collection Sites for Governor’s School Supply Drive

State Employees’ Credit Union (SECU) is pleased to announce its support for the 2026 Governor’s School Supply Drive, accepting donations ...
Strategic Partnerships

Tower Federal Credit Union Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens

Tower Federal Credit Union (Tower) today announced a partnership with Greenlight® Financial Technology, Inc. (Greenlight) to better serve families and ...
Other

Vizo Financial Announces Board Officers Following 2026 Annual Meeting

On June 17, 2026, Vizo Financial Corporate Credit Union held its 2026 Annual Meeting. Member credit unions participated virtually to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 26, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer

FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Personnel Promotions

Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union

Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Making A Difference

Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members

Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
Making A Difference

NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System

The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Other

Credit union CDFI recertifications are beginning to be finalized

CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
New Product Releases

eDOC Innovations Launches eDOC Chat Beta Program

eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Other

Vizo Financial’s July 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Charity Events

Birthday Benefit Bash hits a high note for North Bay youth music programs

The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Strategic Partnerships

Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies

Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
Personnel Promotions

LAFCU promotes Steve Jorgensen to vice president of lending

LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Making A Difference

Sound Credit Union Recognizes 2026 Scholarship Recipients

TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State

SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships

SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Technology

Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union

Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
New Product Releases

Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro

Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Strategic Partnerships

Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls

Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 18, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

TDFCU Announces New CEO to Drive Its Vision Forward

Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Marketing

Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins

Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
Lending

One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined

LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Making A Difference

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing ...
Operations & HR

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s ...
Other

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has ...
Other

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, ...
Making A Difference

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit ...
Making A Difference

SECU’s Statewide Network of 275 Branches to Serve as Collection Sites for Governor’s School Supply Drive

State Employees’ Credit Union (SECU) is pleased to announce its support for the 2026 Governor’s School Supply Drive, accepting donations ...
Strategic Partnerships

Tower Federal Credit Union Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens

Tower Federal Credit Union (Tower) today announced a partnership with Greenlight® Financial Technology, Inc. (Greenlight) to better serve families and ...
Other

Vizo Financial Announces Board Officers Following 2026 Annual Meeting

On June 17, 2026, Vizo Financial Corporate Credit Union held its 2026 Annual Meeting. Member credit unions participated virtually to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 26, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer

FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Personnel Promotions

Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union

Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Making A Difference

Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members

Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
Making A Difference

NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System

The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Other

Credit union CDFI recertifications are beginning to be finalized

CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
New Product Releases

eDOC Innovations Launches eDOC Chat Beta Program

eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Other

Vizo Financial’s July 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Charity Events

Birthday Benefit Bash hits a high note for North Bay youth music programs

The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Strategic Partnerships

Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies

Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
Personnel Promotions

LAFCU promotes Steve Jorgensen to vice president of lending

LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Making A Difference

Sound Credit Union Recognizes 2026 Scholarship Recipients

TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State

SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships

SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Technology

Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union

Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
New Product Releases

Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro

Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Strategic Partnerships

Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls

Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 18, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

TDFCU Announces New CEO to Drive Its Vision Forward

Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Marketing

Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins

Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
Lending

One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined

LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...

Baker Market Update – Week in Review: July 2, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.

TriUnity Foundation Opens National Grant Cycle for Credit Union Members Facing Terminal Illness

TriUnity Foundation, a nonprofit built by and for credit unions, has opened its next national grant cycle for members facing life-threatening or terminal illness. The ...

Redwood Credit Union named to Newsweek’s America’s Greatest Midsize Workplaces 2026

Redwood Credit Union (RCU) is proud to be recognized for the second year in a row as one of America’s Greatest Midsize Workplaces 2026 by ...

Stephanie Schmidt Earns National Check Professional Accreditation

Corporate Central recently announced that Stephanie Schmidt, AAP, AFPP, NCP, CWCUL, CUDE, CCUE, CCUFC, CCCM, Vice President Member Experience, has earned the National Check Professional ...

CUES and TruStage® Announce Inaugural 2026 Leadership Pathways Cohort

CUES and TruStage® today announced the 25 credit union professionals selected for the inaugural CUES x TruStage Leadership Pathways cohort, a year-long leadership development experience ...

Texas A&M IBE Students Raise $54,000 for Local Nonprofits

Student-led company teams pitched their unique business concepts to a panel of financial experts from Aggieland Credit Union. The credit union awarded essential start-up funding ...
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