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.
TopLine Financial Credit Union Donates Over $4,000 In Electronics To Help Young Adults Prepare For The New School Year By TopLine Financial Credit Union
TopLine Financial Credit Union donated laptops and iPads to local non-profit Avenues for Youth to assist young adults with online access to complete their schoolwork. TopLine donated 25 laptops and 2 iPads valued around $4,000, and these refurbished devices will be distributed to young adults in one of four Avenues for Youth programs to support
1st United Credit Union Named a Greater Bay Area Top Workplace for the 5th Year By 1st United Credit Union
1st United Credit Union is excited to announce that they have been awarded a Top Workplaces 2023 honor by San Francisco Bay Area Top Workplaces.
TOWERCARES FOUNDATION AWARDS $150,000 IN COLLEGE SCHOLARSHIPS By Tower Federal Credit Union
Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this year’s winners have parents who are affiliated with the Department of Defense, or serve in the U.S. Military.
UMassFive Introduces New Rewards Program for Checking Accounts By UMassFive College Federal Credit Union
UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking accounts with the launch of cash back via uChoose® rewards. *UMassFive has been voted “Best Credit Union” in the Valley Advocate Reader Poll for seventeen consecutive years, including most recently in the 2023 edition.
Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits By Christian Financial Credit Union
Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits In second-largest grant distribution, Foundation elevates youth-focused and quality of life nonprofit recipients Sterling Heights, Mich., (Aug. 14, 2023) – In the Foundation’s second-largest grant distribution to date, the Christian Financial Credit Union Outreach & Impact Foundation awarded four grants totaling $7,500
Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser 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 its annual golf tournament fundraising event raised a record-breaking $152,668, surpassing its goal and exceeding last year’s total raised of $148,000. The event was held earlier this summer at the
Baker Market Update – Week in Review: August 11, 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.
25 Credit Unions and Community Banks Now Live with Eltropy’s AI Technology By Eltropy
More than 25 credit union and community bank customers—including ACFCU, Barksdale Federal Credit Union, Eglin FCU, Financial Edge, First Credit Union, Highmark Federal Credit Union, PeopleFirst FCU, and TruStone Financial CU—are now live on Eltropy’s AI Chat and experiencing widespread success after implementation.
SafeAmerica Credit Union Announces New Regional Branch Manager By SafeAmerica Credit Union
SafeAmerica Credit Union announces their new Regional Branch Manager, Melinda Santa Cruz.
Coastal Credit Union Foundation Grant Erases $2.2 Million in Medical Debt By Coastal Federal Credit Union
The Coastal Credit Union Foundation announced that a grant to RIP Medical Debt has helped erase nearly $2.2 million in medical debt owed by central North Carolinians.
SECU Foundation Awards Charlotte Rescue Mission $500,000 Grant for new Rebound for Men Facility By State Employees’ Credit Union
SECU Foundation recently awarded Charlotte Rescue Mission (CRM) a $500,000 challenge grant to support a capital campaign for a new Rebound for Men residential recovery facility. The Foundation’s gift will help the nonprofit expand its impact for men battling homelessness and addiction and raise greater community awareness for the initiative. Foundation funds come from the
Corporate Central Welcomes Ken Pardon as Senior Software Engineer By Corporate Central Credit Union
Corporate Central is pleased to announce and welcome Ken Pardon as a Senior Software Engineer. In this role, Pardon will deliver business process improvements and automations that provide a positive return on investment for the organization. Please see the full press release and graphic attached.
Callahan & Associates Announces Trendwatch 2Q23 By Callahan & Associates, Inc.
Callahan & Associates, a leading provider of insights and solutions for the credit union industry, invites industry leaders to participate in the popular Trendwatch 2Q23 event on Wednesday, August 16, at 2:00 PM ET. This virtual event offers valuable insights into performance trends based on the latest data from the second quarter of 2023.
14 High School Seniors Earn College Scholarships for the 2023-24 School Year By Together Credit Union
Together Credit Union, on behalf of its employees and members, is thrilled to award $21,000 in scholarship dollars to high school seniors from the Greater St. Louis area through its Vince Jacknewitz Scholarship Program.
Gulf Winds Selects Stephen Whiting as Director in Training By Gulf Winds Credit Union
Gulf Winds Credit Union is pleased to announce the selection of Stephen Whiting, Executive Director of Technology Operations at Pensacola State College, as the newest Director in Training for the Board of Directors. As a Director in Training, Whiting will play a vital role in guiding the management of the Credit Union in support of
Dr. Grace Lubwama joins Advia Credit Union’s Board of Directors By Advia Credit Union
Advia Credit Union, headquartered in Kalamazoo, MI, is pleased to announce the appointment of Dr. Grace Lubwama to its volunteer Board of Directors.
July’s Credit Union Social Media Blitz Reaches 9 Million People By Envisant
The #ILoveMyCreditUnion Day mission is to raise credit union awareness by encouraging authentic high-energy conversation across social media platforms. By tapping into the credit union principles of cooperation among cooperatives and concern for community, the campaign stays true to the people helping people mission.
TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts By TopLine Financial Credit Union
TopLine Financial Credit Union was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the adult education category for the number of adults reached through personal financial education efforts. CUFEN recently reported that Minnesota credit unions reach 1,083 adults and students combined through a variety of financial education efforts. TopLine
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