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.
CreditUnions.com Announces 2024 Innovation Series Winners
After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava Fraud: Illuma Lending: Open Lending Member Experience- AI Edition: Glia Payments: Alloya Corporate FCU
United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion
The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) to its headquarters for a dynamic and insightful strategic roundtable discussion. Led by USSFCU President & CEO Timothy Anderson and featuring key executives from both organizations, the gathering facilitated a robust exchange
CU Alliance Announces Expanded Partnership with Las Colinas FCU to Offer CU Certified™ Vehicle Service Contracts
Houston, TX | March 11, 2024 – CU Alliance® (CUA), a leading Credit Union Service Organization (CUSO) based in Houston, is excited to announce the expansion of its partnership with Las Colinas Federal Credit Union (LCFCU). Building upon the successful collaboration initiated in December 2023 within the CUSO’s Mortgage Program, this significant development highlights both
Jason Endsley Joins Greater Texas to Oversee, Expand Payment Services
Greater Texas Credit Union has added seasoned payments professional Jason Endsley to its management team as Vice President, Payments Strategy & Operations.
Centra Credit Union welcomes Jessica Cecil as new VP Commercial Relationship Manager
Hello, Please see the attached press release announcing Jessica Cecil as Centra’s new VP Commercial Relationship Manager, serving Centra’s southern region. If you have any questions, please reach out to Chrissy Bailey at cbailey@centra.org or 812-314-0254.
United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members
United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was invited to attend a meeting with Federal Reserve Board Vice Chair, Philip Jefferson, with other credit union leaders to discuss pivotal matters impacting the credit union sector. Delving into the strategy of rate changes slated for 2024 and the broader economic landscape,
40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the results of a nationwide survey of more than 1,000 Americans about consumer expectations and preferences in financial services. The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with
SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project
SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina. The Foundation’s grant will help fund a capital campaign project to meet the current and future needs of their residential programs.
Indiana Members Credit Union Contributes $498 to Johnson Memorial Hospital Foundation
Indiana Members Credit Union presented a check for $498 to Johnson Memorial Hospital Foundation as part of an ongoing debit card giveback program.
Connect FSS Selects Vertifi Software for FedNow Instant Payments Solution
Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly owned CUSO of EasCorp, to implement the systems and technology required for Connect’s instant payments solution for the FedNow® Service.
Prizeout partners with credit unions to launch CashBack+
Prizeout, the advertising and financial technology company that helps put money back into people’s pockets, has launched CashBack+, a white label solution for credit unions and their members. CashBack+ is a suite of products that lets credit union members earn instant cash back while they shop and lets credit unions grow their non-interest income by
United Federal Credit Union Names Jennifer Strefling Director of Internal Audit
United Federal Credit Union (United) has appointed Jennifer Strefling as Director of Internal Audit at its corporate headquarters in St. Joseph, Michigan.
PSCU/Co-op Solutions Finalize Agenda and Events for Member Forum 2024
PSCU/Co-op Solutions has announced the final keynote speaker and panel participants for Member Forum 2024.
New Hire Press Release from The Baker Group
We are excited to announce the hiring of Jeff Varner to lead our loan trading team and bolster Baker Loan Solutions. Jeff’s extensive knowledge and expertise will immediately increase the capabilities and reach of our loan group. On top of whole loan trading and loan participations, Jeff also specializes in partnering strategically with the growing
25 Sharetec CUs Signed on to SavvyMoney in 2023
Sharetec, a leading innovator in core processing software, signed 25 credit union partners to SavvyMoney in 2023.
ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023
Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023. In addition, the division added 40 new credit union enrollments, broadening its services to encompass underwriting across multiple systems, direct lending, and retail financing support. Services beyond the division’s traditional indirect
Member Home Loan Welcomes River City FCU to Expand Mortgage Offerings
Houston, TX | March 6, 2024. Member Home Loan® (MHL), a leading mortgage service provider and subsidiary of CU Alliance, is thrilled to announce its partnership with River City Federal Credit Union, a cornerstone of financial support for the San Antonio community since 1936.
At TruChoice Federal Credit Union, donating to local charities is as easy as swiping your credit card
TruChoice members choose to be a ‘TruHero’ every time they use their TruHero credit card. A portion of the interchange income is donated to the Barbara Bush Children’s Hospital (via the Children’s Miracle Network) or the McAuley Residence. Last year, $21,173 was donated to these respected organizations, bringing the total since the card’s introduction in
Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise
Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. This strategic move allows the corporate credit union to dedicate an expert executive to educate, train, and give back to the movement by teaching and instructing on everything related to balance sheet management and risk
Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management
QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as the new CUSO President. This comes following a recent announcement by previous President, Kevin P. Chiappetta, CFA, to take on a new, exciting role as Senior Vice President/Chief Education & Research Officer with Corporate Central
Baker Market Update – Week in Review: March 1, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Blue Federal Credit Union’s Merger with Aventa Credit Union Is Official
Aventa Credit Union, based in Colorado Springs, has fully merged with Blue Federal Credit Union, based in Cheyenne Wyoming. The merger was approved by Aventa members on February 26, 2024, and officially takes effect on March 1.
OCCU announces three new leaders
OCCU has added three new members to its leadership team: Courtney Cook, Justin Lu and Tim Strinz.
Indiana Members Credit Union Announces New Lawrence Central High School Debit Card
Indiana Members Credit Union announces it has partnered with Lawrence Central High School to offer a Lawrence Central Bears themed debit card.
CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE
Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give
CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE
Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give
Cambio Launches New CUSO, AviaryAI
Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the financial industry’s first outbound AI sales team. Backed by industry leaders, Envisant and Encurage Financial Network, AviaryAI brings decades of combined data, AI, and credit union experience to revolutionize member service.
United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials
As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the United Nations Federal Credit Union (UNFCU), a credit union founded by UN staff, has joined its industry-led initiative. UNFCU’s commitment to PCAF reinforces the importance of international collaboration as the global economy continues its transition
LGE Community Credit Union announces 2024 scholarship program for high school seniors
LGE Community Credit Union is accepting applications for its 2024 scholarship program through March 29, 2024. The annual scholarship program helps exceptional high school seniors from our communities attend the college, university, or technical school of their dreams by providing them with a $2,500 scholarship.
INOVA Federal Raises over $4,500 for Special Olympics Indiana
Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics Indiana is a nonprofit organization that is a part of the global Special Olympics movement, using sport, health, education, and leadership programs every day around the world to end discrimination against and empower people with
EECU Sponsors Magic of Storytelling Event Bringing Books to Fresno Students
Synergent and Partner Credit Unions Honored with Four MAC Award Wins
Open Lending Launches ApexOne Auto to Expand Auto Lending Decisioning to Full Spectrum of Borrowers
Central Willamette Credit Union Selects Cedric Bousquet as CFO
SchoolsFirst Federal Credit Union Names Michael Pfau SVP of Digital Experience
Synergent and Clutch Sign New Partnership
Meriwest Credit Union Announces Gene Fichtenholz as Vice President, Chief Technology Officer
BECU names Carla Costa-Perales as Chief Impact Officer
TowerCares Foundation Donates $70,000 to Local Food Banks to Help Marylanders Impacted by the Government Shutdown
CUNA Strategic Services Announces Huloop Automation as Latest Alliance Provider Driving Efficiency Through Work Intelligence and Automation for Credit Unions
Centra President and CEO Rick Silvers announces retirement; Centra’s Brad Davis named next President and CEO
Vizo Financial’s November 2025 Education Calendar
Safelight, Inc. Receives $500,000 Grant from SECU Foundation for Domestic Violence Shelter Expansion
Alogent Partners with Vine to Accelerate Commercial Lending Workflows
One Nevada Sets New Food Bank Donation Record During 75th Anniversary Year
ALM First’s 2026 Conference Calendar Announced
Freedom First Announces CEO Retirement and Selection of New CEO
1st Community FCU CEO Bill Nikolauk appointed to CU*Answers Board of Directors
LAFCU Breaks Ground on New Drive-up Teller Site in Perry
SchoolsFirst FCU Opens 71st Branch in California – Burbank Now Open
myCUmortgage Recognizes Partner Credit Unions for Making Members’ Homeownership Dreams a Reality
Corporate Central Energizes the Credit Union Movement at Inaugural Momentum Conference
EECU Earns Prestigious Raddon Crystal Performance Award
Indiana Members Foundation Raises Over $90,000 to Support Local Nonprofits and Schools
Meriwest Community Foundation Honored as Financial Resiliency Champion for Youth Advocacy
EECU and the Tulare County Office of Education Celebrate Excellent Educators
ASA Live for Sharetec Credit Unions, Shaping the Future of Securely Connected Finance
Greater Eastern Credit Union Partners with Synergent in New Technology Agreement
EECU Partners with SLO County Office of Education to Honor Educators
Appli Reaches One-Year Milestone with 10 Credit Union Partners and $1 Billion in Member Calculations
EECU Sponsors Magic of Storytelling Event Bringing Books to Fresno Students
Synergent and Partner Credit Unions Honored with Four MAC Award Wins
Open Lending Launches ApexOne Auto to Expand Auto Lending Decisioning to Full Spectrum of Borrowers
Central Willamette Credit Union Selects Cedric Bousquet as CFO
SchoolsFirst Federal Credit Union Names Michael Pfau SVP of Digital Experience
Synergent and Clutch Sign New Partnership
Meriwest Credit Union Announces Gene Fichtenholz as Vice President, Chief Technology Officer
BECU names Carla Costa-Perales as Chief Impact Officer
TowerCares Foundation Donates $70,000 to Local Food Banks to Help Marylanders Impacted by the Government Shutdown
CUNA Strategic Services Announces Huloop Automation as Latest Alliance Provider Driving Efficiency Through Work Intelligence and Automation for Credit Unions
Centra President and CEO Rick Silvers announces retirement; Centra’s Brad Davis named next President and CEO
Vizo Financial’s November 2025 Education Calendar
Safelight, Inc. Receives $500,000 Grant from SECU Foundation for Domestic Violence Shelter Expansion
Alogent Partners with Vine to Accelerate Commercial Lending Workflows
One Nevada Sets New Food Bank Donation Record During 75th Anniversary Year
ALM First’s 2026 Conference Calendar Announced
Freedom First Announces CEO Retirement and Selection of New CEO
1st Community FCU CEO Bill Nikolauk appointed to CU*Answers Board of Directors
LAFCU Breaks Ground on New Drive-up Teller Site in Perry
SchoolsFirst FCU Opens 71st Branch in California – Burbank Now Open
myCUmortgage Recognizes Partner Credit Unions for Making Members’ Homeownership Dreams a Reality
Corporate Central Energizes the Credit Union Movement at Inaugural Momentum Conference
EECU Earns Prestigious Raddon Crystal Performance Award
Indiana Members Foundation Raises Over $90,000 to Support Local Nonprofits and Schools
Meriwest Community Foundation Honored as Financial Resiliency Champion for Youth Advocacy
EECU and the Tulare County Office of Education Celebrate Excellent Educators
ASA Live for Sharetec Credit Unions, Shaping the Future of Securely Connected Finance
Greater Eastern Credit Union Partners with Synergent in New Technology Agreement
EECU Partners with SLO County Office of Education to Honor Educators
Appli Reaches One-Year Milestone with 10 Credit Union Partners and $1 Billion in Member Calculations
EECU Sponsors Magic of Storytelling Event Bringing Books to Fresno Students
Synergent and Partner Credit Unions Honored with Four MAC Award Wins
Open Lending Launches ApexOne Auto to Expand Auto Lending Decisioning to Full Spectrum of Borrowers
Central Willamette Credit Union Selects Cedric Bousquet as CFO
SchoolsFirst Federal Credit Union Names Michael Pfau SVP of Digital Experience
Synergent and Clutch Sign New Partnership