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.
National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to Listerhill Credit Union
National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce a $5 million subordinated debt loan to Listerhill Credit Union. Chartered in 1952, Listerhill is a low-income designated credit union, headquarterd in Muscle Shoals, Alabama and currently serves 92,000 members across
Straw Joins Truliant as Chief Retail Banking Officer
Truliant Federal Credit Union announced today that it has hired Kristi Straw to the newly created role of chief retail banking officer. Straw will serve on the Chief Planning Team. She will be responsible for organizing, planning and strategically directing the activities of Truliant’s branch network, call center, and the Truliant Financial Advisors.
Callahan & Associates Announces Its Final Two Weeks To Register For 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺
Callahan & Associates is excited to kick off another session of Sustainable Business Strategy this August. This virtual and interactive professional-development program offered in collaboration with Harvard Business School Online is designed to teach credit union executives to successfully lead with purpose.
Redwood Credit Union Welcomes New Vice President of Mortgage Lending
Redwood Credit Union has hired Brian Kreitzer as vice president of mortgage lending.
SECU Foundation Awards Teach for America with $250,000 Grant
A new round of grants recently approved by the SECU Foundation Board of Directors began with funding for a Reinvest in Student Excellence (RISE) Fellowship pilot with the North Carolina chapter of Teach for America (TFA NC).
Loan Payment Fintech Alacriti Joins Co-op Solutions’ Strategic Provider Program
Co-op Solutions is partnering with fintech company Alacriti to help credit unions deliver modern, intuitive loan payment services to their members. Alacriti joins a growing list of credit union fintech providers in the recently launched Co-op Strategic Provider Program. The program streamlines a credit union’s procurement process by offering access to pre-vetted, best-in-class products and
Clearview Federal Credit Union recognizes an outstanding volunteer with a $5,000 donation.
Clearview Federal Credit Union’s annual Joseph C. Cirelli Community Service Award winner award recognizes a volunteer that goes above and beyond to service their community. In recognition of their dedication, the winner receives a $5,000 donation to the charity they selflessly serve. This year’s winner is Beth McIntyre, recognized for her service as the director
Pima Federal Credit Union Partners with Arkatechture for Improved Strategic Planning
Pima Federal Credit Union is partnering with Arkatechture to improve strategic planning and key decisions by backing them with quality data and analytics.
Early Access to CUES® 2024 Memberships Now Available
Credit unions who join CUES now will get immediate access to their 2024 membership benefits, with the remainder of 2023 included at no charge.
QuantyPhi Launches Innovative Liquidity Framework Review Service for Credit Unions
QuantyPhi, a balance sheet optimization CUSO for credit unions, is proud to announce the launch of its groundbreaking Liquidity Framework Review service. This new service is strategically designed to evaluate a credit union’s liquidity risk management framework while considering the current, emerging, and potential liquidity risks facing credit unions. The goal is to provide credit
GTE Financial Promotes Long-Time Team Member To AVP Of Talent Acquisition
Locally owned and operated credit union GTE Financial continues to elevate its elite talent team. The credit union is happy to announce the promotion of long-time GTE team member, Marian Ringuette, to Assistant Vice President of Talent Acquisition.
Orange County’s Credit Union Welcomes Kathy Jumper as New CEO
The Board of Directors of Orange County’s Credit Union announced today the appointment of Kathy Jumper as its new chief executive officer, effective August 16, 2023. Jumper was selected by the Board of Directors, with the support of Interim CEO Lucy Ito, following an extensive executive search that produced a highly competitive candidate pool. With
Southland Credit Union welcomes Elizabeth Egan as Vice President of Human Resources
Southland Credit Union, a Southern California Credit Union with more than 63,000 Members, is pleased to announce the appointment of Elizabeth Egan, SPHR, SHRM-SCP, as Vice President of Human Resources. In her role, Egan will lead the Human Resources department and will aid in guiding the career growth and development of Southland’s Associates.
SECU Helps Send 185 Youth Members to Summer Camps through Scholarship Program
State Employees’ Credit Union (SECU) recently completed its second annual Summer Camp Awards campaign, sending 185 of its FAT CAT® and Zard® youth members off to their favorite camp with a $500 scholarship each to help cover expenses.
PSCU Kicks Off Fourth Annual “Credit Union Give Back Sweepstakes”
PSCU is pleased to announce its fourth annual Credit Union Give Back Sweepstakes.
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
The Gulf Winds Cares Foundation made several gifts in Alabama this month. A total of $10,250 was given to four local nonprofits in the pursuit of caring for those in need, a value held closely by Gulf Winds Credit Union. Two of these gifts were for local chapters of the YMCA to support youth programs.
Baker Market Update – Week in Review: July 07, 2023
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 Earns 2023 Bronze Anvil Award
Redwood Credit Union recently earned a 2023 Bronze Anvil Award from the Public Relations Society of America, the leading professional organization serving the communications community in the U.S. and beyond.
Tower Federal Credit Union Earns Great Place to Work® Certification—Five Years in a Row!
The credit union has received recognition for the fifth consecutive year by the independent analysts at Great Place to Work®, an industry leader on quantifying employee experience. Richard Stafford, Tower’s President and CEO, credits Tower’s outstanding team of employees and the credit union’s member-focused, people-oriented culture as the reason for the recognition.
Credit Union of Atlanta Names Debra Collins as New CEO
Atlanta, GA, July 6, 2023 – Credit Union of Atlanta, a leading community-focused financial institution, is thrilled to announce the appointment of Debra Collins as its new CEO and President. Her appointment is set to invigorate the credit union’s commitment to serving the Atlanta community and underline the Credit Union of Atlanta’s dedication to fostering
Corporate Central Welcomes Amy Nowak as Human Resources Generalist
Corporate Central is pleased to announce and welcome Amy Nowak as a Human Resources Generalist. In this role, Nowak will oversee day-to-day operations and administration of human resources policies, procedures, and programs. She will lead and support various human resources functions, including recruiting, new hire onboarding/orientation, performance management, compensation, and benefits.
OCCU opens new branch in Roseburg, Oregon
OCCU, Oregon’s third-largest credit union, opens its newest branch in Roseburg, Oregon.
CUSO Launches Strategic Partnership to Help Credit Unions and Their Business Members Navigate the Complexities of ERC
InterLutions, a credit union service organization (CUSO) delivering collaborative business services to credit unions, launched a strategic partnership with Innovation Refunds, a proven leader and Fintech in the ERC field, to help credit unions and their business members better understand the complexities of qualifying and filing for ERC.
CUSO Financial Services Continues Growth Momentum in New Partnership with $2.3 Billion Capital Credit Union
Wisconsin-based Capital Credit Union is Latest firm to Join CFS from LPL.
Synergent Recognized with Five 2023 MAC Award Wins
Synergent® is pleased to announce it has received five Marketing Association of Credit Unions (MAC) Awards for creative marketing campaigns developed for the following credit unions: Bayer Heritage FCU, Franklin-Somerset FCU, Gardiner FCU, Meridia Community CU, and Oxford FCU.
BECU to Grow Presence in the Kitsap Peninsula with New Financial Center in Gig Harbor
BECU, Washington’s largest credit union, announced today it will open a Neighborhood Financial Center early next year in Gig Harbor, Washington. This will be the first financial center for the Maritime City, serving more than 6,600 local members.
Community Financial Institutions Counter Fraud with Video Verify from Eltropy
Credit unions and community banks, facing a surge in sophisticated fraud along with the challenge of protecting their members’ personal information, are taking proactive steps to combat this alarming trend. As the financial industry grapples with increasing fraud threats, community financial institutions (CFIs) are turning to modern technologies such as Video Banking and real-time photo
Baker Market Update – Week in Review: June 30, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Gulf Winds Remembers Longtime Board Member Nelson Whaley
Gulf Winds Credit Union remembers Nelson Whaley, board member for 33 years, who passed away on June 28, 2023.
United Federal Credit Union Partners with Nevada Housing Division to Offer Down Payment Assistance to Nevada Mortgage Borrowers
To help Nevada borrowers reach their homeownership goals, United Federal Credit Union has become an official partner of the Nevada Housing Division mortgage assistance down payment program. The Home is Possible for First-Time Homebuyers offers interest-free down-payment assistance with a competitive interest rate to give buyers more buying power.
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