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.
Optimizing Collections: Mitigating Risk Management in Estate Recovery
Inflation has affected many aspects of the economy, with the cost of nearly everything rising – from non-discretionary expenses like food and housing to discretionary activities like entertainment and travel. Estate planning, while not something top of mind for most people, has also been affected. According to Caring.com’s 2024 Wills and Estate survey, a mere
BECU Expands Financial Services for South King County Members with New White Center Location
BECU, Washington’s largest credit union, today announced its plans to open a new Neighborhood Financial Center (NFC) in the White Center neighborhood of Seattle.
Envisant Partners with Clutch
Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit unions to fulfill their digital aspirations and better serve members. I hope you’ll share this great news with your networks and please let me know if you have any questions!
ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors
The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing Board of Directors, which provides guidance to ACUMA on how best to serve its growing membership. The Volunteer Board Member will provide guidance for the non-profit association.
Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union
Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union.
Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub
SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in Macon County. A groundbreaking kicked off the initiative to bring greater access to healthcare and supportive services for low-income and uninsured adults in Cherokee, Clay, Graham, Jackson, Macon, and Swain counties.
Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies
AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, Calif. – June 13, 2024 – Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is hosting a series of webinars, providing timely guidance on combating fraud and dealing with the impact of
Baker Market Update – Week in Review: June 07, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
CU Student Choice Announces Denise Stevens as New Board Member
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that Denise Stevens, EVP and Chief Product Officer for Velera (formerly PSCU/Co-Op Solutions), has been appointed to the organization’s Board of Directors.
SchoolsFirst FCU Honors Innovative School Superintendent and District at Innovation in Education Awards
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented the Innovative Superintendent and District Team Award to Joseph Clevenger, superintendent of Bonsall Unified School District in Bonsall, Calif., as part of the Innovation in Education Awards program held May 16 at SeaWorld San Diego
Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine
Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best Employers. This is the seventh time that Coastal has won the award over the past eight years, and it marks the tenth year in a row that the credit union has earned at least one
Coastal Credit Union Hires Doreen Duffy, VP of Human Resources
Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute Coastal’s human resources strategy in support of the credit union’s overall strategic plan. She will be responsible for succession planning, talent management, performance management, benefits, and compensation. She and her team will work proactively with
Yolanda Ford to Retire from the NASCUS Regulator Board of Directors
The National Association of State Credit Union Supervisors (NASCUS) is announcing that Yolanda Ford will retire from the NASCUS Regulator Board of Directors on Monday, June 3, 2024. Ms. Ford, the Deputy Superintendent of the Community and Regional Banks Unit within the New York State Department of Financial Services, has been a champion for the
Alogent Introduces Enhanced AccuAccount Features to Strengthen Loan Document Management Compliance, Aligned with Dodd-Frank Act Standards for Demographic Data Protection
Alogent announced the release of AccuAccount v24.0, inclusive of new features that ensure compliance with the Equal Credit Opportunity Act, Section 1071 of the Dodd-Frank Act. These enhancements enable financial institutions to safeguard documents containing sensitive demographic data from users involved in lending decisions, promoting fairness and impartiality in the lending process.
Advia Credit Union proud to announce Recent Key New Hires and Promotions
Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These updates demonstrate the credit union’s commitment to nurturing talent, recognizing accomplishments, and solidifying its reputation as a dependable financial partner.
Day Air Credit Union Awards Two $1,000 Scholarships to Area Students
Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 Bettina L. Buscemi Memorial Scholarship. The Bettina L. Buscemi Memorial Scholarship is in memory of Bettina L. Buscemi, a long-time valued Day Air Credit Union associate. This scholarship is awarded annually to local students who
Baker Market Update – Week in Review: May 31, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Corporate Central Welcomes Laurie Butz as New Board Member Following Retirement of Eric Chrisinger
After 15 years of dedicated volunteer service, including serving as Chair from 2017 to 2019, Eric Chrisinger, President/CEO of Co-op Credit Union in Black River Falls, Wisconsin, has retired from the Corporate Central board of directors. To fill the vacant board position, the Corporate Central board unanimously appointed Laurie Butz, President/CEO of Capital Credit Union
Corporate Central Welcomes Clare Krupar as Accounting and Office Assistant
Corporate Central is pleased to announce the hiring of Clare Krupar as Accounting and Office Assistant. In this role, Krupar will support the tasks and goals of the accounting department, providing essential assistance for organizational tasks and events.
SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that the Credit Union raised more than $10,900 for Children’s Hospital Los Angeles (CHLA) through participation at the CHLA Walk & Play L.A. 2024 annual fundraising event, and through a fundraising campaign held in
For Immediate Release: Mission City Federal Credit Union Appoints Kamil Sakici as Chief Executive Officer
Santa Clara, CA – June 4, 2024. The Board of Directors of Mission City Federal Credit Union is pleased to announce the appointment selection of Kamil Sakici as the credit union’s new Chief Executive Officer. Mr. Sakici will succeed Mr. David Waterman, who is retiring after 12 years of dedicated service. “We are excited to
Tasha Kostick Appointed to Corporate One Federal Credit Union’s Board of Directors
Corporate One Federal Credit Union announced today that Tasha Kostick, senior vice president and chief financial officer at 1st Northern California Credit Union in Martinez, Calif., has been appointed to a one-year term on Corporate One’s Board of Directors, effective May 13, 2024.
Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire IMAX Theatre and Sacramento State’s College of Education, today announced that Holly Gotwals of Rocklin Unified Adult Transition Program has been named 2023/2024 Esquire IMAX Teacher of the Year. The prestigious award was presented during
Encurage Financial Network Credit Union Members Vote in Favor of GLCU Merger, Legal Day 1 Upcoming
Chicago, Ill. (May 29, 2024) – On May13, encurage financial network credit union (EFNCU) members voted in favor of the upcoming merger with Great Lakes Credit Union (GLCU). EFNCU members will become members of GLCU on June 1, 2024, which is the official merger date. The combined organization will operate under the unified brand name
Tower Federal Credit Union Earns Great Place to Work® Certification—Six Years in a Row!
For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). Rick Stafford, Tower’s President and CEO, credits Tower’s exceptional team of employees and the credit union’s service-driven, people-oriented culture as the reason for the recognition. “Our Great Place to Work
United Federal Credit Union Names New Mortgage Advisor in Mishawaka
United Federal Credit Union is pleased to announce the appointment of Justin Prawat to Mortgage Advisor in Mishawaka, Indiana. Prawat is based at United’s Edison Lakes branch located at 4840 N. Main Street in Mishawaka.
Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation
Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The credit union gave a $10,000 matching donation to the campaign to motivate more Aggies to support this great cause.
eDOC and VisiFI Launch an e-Sign Collaboration
eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider have collaborated to build multiple e-Sign integration points for their mutual credit union customers. The end-to-end integration involves VisiFI’s Digital Account Opening, Direct Lending platforms as well as i-POWER® core.
SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union has awarded $184,500 in college scholarships to 239 students as part of its annual Member Education Award scholarship program for 2024. Launched in 2000, the scholarship program was established to improve the lives of SchoolsFirst
For Immediate Release: NACUSO Expands Executive Team with Industry Professionals Adam Lee, Rebecca Isaacs, and Sedric Brinson
Eugene, OR – May 24, 2024 – The National Association of Credit Union Service Organizations (NACUSO) is thrilled to announce a dynamic infusion of talent with the appointment of three visionary leaders to its executive team. Joining NACUSO are Adam Lee as Head of Innovation, Rebecca Isaacs as Head of Sustainability, and Sedric Brinson as
Registration Now Open for CUES’ Milestone 30th CEO Institute Program
NASCUS Unveils an Expansion of the New Credit Union Examiner Training Program
ORIGENCE ANNOUNCES NEW ASSOCIATE BOARD MEMBERS
Town & Country Credit Union Selects Kalli Schell as President/CEO
Redwood Credit Union Names Kashi Moore-Stallworth Senior Vice President of People
GTE Financial Donates More Than 23K To Metro Inclusive Health, Supports DEI and Pride All Year Long
COCC Executes Strategic Partnership to Deliver Clover® State-of-the-art Merchant Services
Perfect Alignment: How COCC’s Client Success Team Powers Community Financial Institutions Through Strategic Innovation
Baker Market Update – Week in Review: July 26, 2024
Education Foundation for California Schools Raises an Estimated $160,000 During Annual Golf Tournament Fundraiser
SchoolsFirst Federal Credit Union Team Raises $56,390 for CHOC Walk in the Park 2024
BECU Expands Services in Spokane with New Neighborhood Financial Center in South Hill
myCUES Dashboard Gets Smarter: CUES Announces Upgrade Powered by Amazon Web Services
Eltropy Leads Credit Unions and Community Banks into New “Safe AI” Era with Comprehensive AI Suite
BCU Announces 2024 Scholarship Program Recipients
Advia Credit Union Partners with ECHO, Inc to Support Wisconsin Tornado Relief Efforts with $11K Contribution
SchoolsFirst Federal Credit Union Recognized for Diversity, Equity and Inclusion
Advia Credit Union Earns Forbes’ 2024 Best-in-State Recognition
Redwood Credit Union Birthday Benefit Bash Raises Over $24,000 for Local Nonprofits
SECU Foundation Renews Support of Lead for North Carolina with $1 Million Grant
Baker Market Update – Week in Review: July 19, 2024
Illinois Credit Union League Announces 2024 Award Winners
COCC Hosts Successful 2024 Spring Tech Forum and Partners Expo
TruChoice FCU expands leadership team with new promotions
SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students
TruPartner Credit Union announces Vice President of Lending
SafeAmerica Credit Union Member Appreciation Week Winner
YMC Elevates Member Web Experience
Christian Financial Awards $15,000 in scholarships to local high school graduates
AI, Fraud, Delinquency & Growth Strategies: Dive Deep at Eltropy’s Leadership Summit
Registration Now Open for CUES’ Milestone 30th CEO Institute Program
NASCUS Unveils an Expansion of the New Credit Union Examiner Training Program
ORIGENCE ANNOUNCES NEW ASSOCIATE BOARD MEMBERS
Town & Country Credit Union Selects Kalli Schell as President/CEO
Redwood Credit Union Names Kashi Moore-Stallworth Senior Vice President of People
GTE Financial Donates More Than 23K To Metro Inclusive Health, Supports DEI and Pride All Year Long
COCC Executes Strategic Partnership to Deliver Clover® State-of-the-art Merchant Services
Perfect Alignment: How COCC’s Client Success Team Powers Community Financial Institutions Through Strategic Innovation
Baker Market Update – Week in Review: July 26, 2024
Education Foundation for California Schools Raises an Estimated $160,000 During Annual Golf Tournament Fundraiser
SchoolsFirst Federal Credit Union Team Raises $56,390 for CHOC Walk in the Park 2024
BECU Expands Services in Spokane with New Neighborhood Financial Center in South Hill
myCUES Dashboard Gets Smarter: CUES Announces Upgrade Powered by Amazon Web Services
Eltropy Leads Credit Unions and Community Banks into New “Safe AI” Era with Comprehensive AI Suite
BCU Announces 2024 Scholarship Program Recipients
Advia Credit Union Partners with ECHO, Inc to Support Wisconsin Tornado Relief Efforts with $11K Contribution
SchoolsFirst Federal Credit Union Recognized for Diversity, Equity and Inclusion
Advia Credit Union Earns Forbes’ 2024 Best-in-State Recognition
Redwood Credit Union Birthday Benefit Bash Raises Over $24,000 for Local Nonprofits
SECU Foundation Renews Support of Lead for North Carolina with $1 Million Grant
Baker Market Update – Week in Review: July 19, 2024
Illinois Credit Union League Announces 2024 Award Winners
COCC Hosts Successful 2024 Spring Tech Forum and Partners Expo
TruChoice FCU expands leadership team with new promotions
SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students
TruPartner Credit Union announces Vice President of Lending
SafeAmerica Credit Union Member Appreciation Week Winner
YMC Elevates Member Web Experience
Christian Financial Awards $15,000 in scholarships to local high school graduates
AI, Fraud, Delinquency & Growth Strategies: Dive Deep at Eltropy’s Leadership Summit
Registration Now Open for CUES’ Milestone 30th CEO Institute Program
NASCUS Unveils an Expansion of the New Credit Union Examiner Training Program
ORIGENCE ANNOUNCES NEW ASSOCIATE BOARD MEMBERS
Town & Country Credit Union Selects Kalli Schell as President/CEO
Redwood Credit Union Names Kashi Moore-Stallworth Senior Vice President of People
GTE Financial Donates More Than 23K To Metro Inclusive Health, Supports DEI and Pride All Year Long
