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.
Baker Market Update – Week in Review: March 28, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
eDOC Partnership Signs Three SoCal Shared Resource Credit Unions!
eDOC with its network partner, CU*Answers, signed three Southern California credit unions to eDOC’s advanced Mobile Digital Transaction Management software (mDTM). Calcom FCU, Nikkei CU and Mattel FCU are all under the unique Shared Resource Solutions (SRS) management system designed to reduce management cost by co-sharing leadership resources.
SchoolsFirst Federal Credit Union Receives Two Awards from America’s Credit Union’s Marketing & Business Development Council
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, was honored with two Diamond Awards from the Marketing & Business Development Council of America’s Credit Unions in the prestigious annual marketing competition recognizing the best marketing campaigns in the credit union industry during 2023.
Indiana Members Credit Union Contributes $10,000 to Project 44 for Cancer Awareness Card
On behalf of Indiana Members Credit Union members, IMCU recently presented a check for $10,000 to Project 44 as part of its exclusive Cancer Awareness Debit Card Program.
The Minnesota Credit Union Foundation Scholarship Council Awarded TopLine Financial Credit Union Members With Scholarships
TopLine Financial Credit Union is proud to announce three members have received a $1,000 scholarship from the Minnesota Credit Union Foundation Scholarship Council (FSC). A total of $18,000 has been awarded to 18 credit union members in Minnesota for the 2024-2025 school year.
United Federal Credit Union Names New Mortgage Advisor in Grand Rapids, Michigan
United Federal Credit Union (United) is pleased to announce the appointment of Jeff Guion to Mortgage Advisor in Grand Rapids. Guion is based at United’s Grand Rapids Mortgage Production office located at 1600 East Beltline Ave. Suite 111.
Corporate Central Promotes Stephanie Schmidt to Vice President Member Services
Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice President Member Services. In her new capacity, Schmidt will be responsible for orchestrating strategies to optimize member satisfaction, overseeing the implementation of personalized services, and fostering innovative solutions to meet evolving member needs and preferences.
Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch
Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), is pleased to announce the 2024 UW FinTech Pitch. This is the fourth year the two have joined forces to foster innovation through financial technology (FinTech) while engaging with University of Washington students looking to
GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union
Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, 2024 following an approved vote by GOLD members on March 21.
Educational Federal Credit Union Selects John Sapp as Executive Vice President
Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as the credit union’s new Executive Vice President (EVP). This position will place Sapp in a critical role overseeing various functions, including retail delivery, finance, lending, marketing, information technology, and operations. Sapp will be a key
Baker Market Update – Week in Review: March 22, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
INOVA Federal Donates $7,969 To World Council of Credit Unions
INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit card program. When INOVA members use their Global Good Visa card, INOVA donates a portion of the income generated to WOCCU, helping to fund the expansion of affordable financial services
PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents
PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture officer.
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving community bank and credit union loan servicing and collections MILPITAS, Calif. – March 20, 2024 – Eltropy, the leading AI-powered unified conversations platform for community financial institutions, will showcase its
GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires
GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to Assistant Vice President of Business Banking Operations and Title, Chris Grunsten to Assistant Vice President of Fraud Operations and Risk Analytics and the hiring of Jamie Miranda to Vice President
SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards
A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with awards totaling $640,000. The Foundation’s Mission Development Grant Program, which began seven years ago, has been filling unmet financial needs for North Carolina non-profits seeking to strengthen their long-term growth
U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY!
The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top Workplaces national award, presented by USA TODAY. Notably, USSFCU has achieved an impressive ranking of #76 out of more than 1,500 organizations across the nation, underscoring its exceptional workplace environment.
CUAC Funds $3.1 Billion in Quality Performing Loans in 2023
Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in funded loans in 2023. This is an impressive accomplishment considering credit unions are facing difficult times due to challenging economic conditions, diminished , soaring vehicle prices dampening consumer demand, and the implementation costs associated with
Centra Credit Union Announces New Financial Empowerment Line of Business
Hello, Please see attached the press release announcing Centra Credit Union’s new financial empowerment line of business named Onward. If you have any questions, please reach out to Chrissy Bailey, SVP Marketing, at 812-314-0254 or cbailey@centra.org. Thank you!
First Florida Live on Both New Rails
Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ 800.766.4328 Ext.1241▪ mtroha@firstflorida.org Jayda Stallings ▪ Pidgin ▪ 770.337.8351 ▪ Jayda.stallings@pidgin.net Irondale, AL ▪ March 21, 2024 – First Florida Credit Union, headquartered in Jacksonville, FL, is the first credit union to go live on
Indiana Members Credit Union Contributes $1,000 to George Washington High School
Indiana Members Credit Union presented a check for $1,000 to George Washington High School as part of an ongoing school spirit debit card program. Since beginning the program in 2021, George Washington High School has earned $3,000 through this IMCU giveback program.
Where Are You Going? – A Message From Tony Streeter
Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as he dives into marketing strategy, innovation, and transformation within the credit unions industry.
CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle Network Hospitals in California and Nevada at their 19th annual event on March 15, 2024. A total of more than 500 attendees, made up of 64 credit unions, business partners, and hospitals, gathered to support
Gulf Winds Selects Lynn Crear as Director in Training
Gulf Winds Credit Union is pleased to announce the selection of Lynn Crear as the newest Director in Training for the Board of Directors.
Gulf Winds Credit Union Welcomes Ricardo Loya Urena as Vice President of Technology Operations
Gulf Winds Credit Union is pleased to welcome Ricardo Loya Urena to the team as the new Vice President of Technology Operations.
TopLine Credit Union Foundation Awards $30,500 In Scholarships
TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. Additionally, the foundation awarded $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI). TopLine Credit Union Foundation received over 175
CORRECTION to names in photo caption – SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project
SECU Foundation has awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina.
LGE Community Credit Union recognized with MemberXP 2024 Best of the Best Award for Best Transaction Experience, Best Online Banking Experience
LGE Community Credit Union was recently recognized as a recipient of the 2024 Best of the Best Award, a prestigious accolade presented by MemberXP, a leading customer experience program offered through CU Solutions Group.
Baker Market Update – Week in Review: March 15, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
BCU PRESIDENT, CEO MIKE VALENTINE INDUCTED TO CREDIT UNION HOUSE HALL OF LEADERS
Nominated by the Illinois Credit Union League (ICUL), Mike Valentine, BCU President & CEO, was recently inducted into the Credit Union House Hall of Leaders in Washington, D.C., joining a prestigious group of previous inductees from across the country. This distinguished honor provides lasting recognition to credit union leaders past and present whose commitments have
ICUL Names Congressman Darin LaHood as 2025 Federal Credit Union Legislative Champion
SECU Foundation Awards $500,000 Grant to Feeding the Carolinas to Support Expanded Food Access During Holiday Season
Corporate Central Promotes Sierra Randall and Alexis Dohm to Member Experience Specialists
BCU Named A Computerworld 2026 Best Place To Work In IT
ALM First Promotes Sherwin to Principal, Adds New Role for Haley
Baker Market Update – Week in Review: December 19, 2025
For Immediate Release – Millennium Corporate Credit Union Appoints Haley DaVee as President/CEO
SECU Contributes $125,000 to Support Hunger Relief Efforts in Western North Carolina
Appli Makes First Donations Through Data for Dogs Initiative, Supporting Ten No-Kill Animal Shelters
SchoolsFirst FCU Expands Financial Planning Services for Members and Educators Across California
LGE Foundation donates $389,598 to local nonprofits; Surpasses $3 million lifetime giving milestone
C.A.R.E.S. in Action: Peach State FCU Completes Successful Toys for Tots Drive
CES Credit Union Appoints Mike Copley as President/CEO
BECU members help direct $450,000 to nonprofits through People Helping People Awards
Coastal Credit Union Collects Toys for 200 Children in Salvation Army Angel Tree Program
Vizo Financial Gives Back more than $4.8 Million to Capital Members
Baker Market Update – Week in Review: December 12, 2025
Illinois State Credit Union Selects Alogent’s Unify to Modernize Deposit Automation and Drive Digital Transformation
SchoolsFirst Federal Credit Union Partners with Orange County Department of Education to Celebrate 2026 Orange County Teachers of the Year
SECU’s Cooperative Model Prioritizes Member Value and Community Impact
Seaboard Federal Credit Union Extends Partnership with Synergent
TowerCares Foundation Surpasses $4 Million in Donations, Grants and Scholarships to Support Military Heroes and Children in Need
QuantyPhi Launches ALM360, a Unified Balance Sheet Management Platform for Credit Unions
Baker Market Update – Week in Review: December 05, 2025
AccuAccount Wins Best-in-Class Loan Management System at IBSi Global FinTech Innovation Awards (GFIA) 2025
Maine Family Federal Credit Union Donates $15,000 to Support Hunger Relief in Maine
Coastal Credit Union Announces Leadership Promotions in Lending Division
EECU’s Mobile Branch Brings Financial Services to Rural Fresno County Residents
Cloudvirga’s New Integration With ICE PPE Enables Loan Officers To Shop Rates, Validate Eligibility And Manage Locks Within Horizon POS
5Point Credit Union Partners with Arkatechture to Enable Historical Data Analysis and Personalize Member Experience
ICUL Names Congressman Darin LaHood as 2025 Federal Credit Union Legislative Champion
SECU Foundation Awards $500,000 Grant to Feeding the Carolinas to Support Expanded Food Access During Holiday Season
Corporate Central Promotes Sierra Randall and Alexis Dohm to Member Experience Specialists
BCU Named A Computerworld 2026 Best Place To Work In IT
ALM First Promotes Sherwin to Principal, Adds New Role for Haley
Baker Market Update – Week in Review: December 19, 2025
For Immediate Release – Millennium Corporate Credit Union Appoints Haley DaVee as President/CEO
SECU Contributes $125,000 to Support Hunger Relief Efforts in Western North Carolina
Appli Makes First Donations Through Data for Dogs Initiative, Supporting Ten No-Kill Animal Shelters
SchoolsFirst FCU Expands Financial Planning Services for Members and Educators Across California
LGE Foundation donates $389,598 to local nonprofits; Surpasses $3 million lifetime giving milestone
C.A.R.E.S. in Action: Peach State FCU Completes Successful Toys for Tots Drive
CES Credit Union Appoints Mike Copley as President/CEO
BECU members help direct $450,000 to nonprofits through People Helping People Awards
Coastal Credit Union Collects Toys for 200 Children in Salvation Army Angel Tree Program
Vizo Financial Gives Back more than $4.8 Million to Capital Members
Baker Market Update – Week in Review: December 12, 2025
Illinois State Credit Union Selects Alogent’s Unify to Modernize Deposit Automation and Drive Digital Transformation
SchoolsFirst Federal Credit Union Partners with Orange County Department of Education to Celebrate 2026 Orange County Teachers of the Year
SECU’s Cooperative Model Prioritizes Member Value and Community Impact
Seaboard Federal Credit Union Extends Partnership with Synergent
TowerCares Foundation Surpasses $4 Million in Donations, Grants and Scholarships to Support Military Heroes and Children in Need
QuantyPhi Launches ALM360, a Unified Balance Sheet Management Platform for Credit Unions
Baker Market Update – Week in Review: December 05, 2025
AccuAccount Wins Best-in-Class Loan Management System at IBSi Global FinTech Innovation Awards (GFIA) 2025
Maine Family Federal Credit Union Donates $15,000 to Support Hunger Relief in Maine
Coastal Credit Union Announces Leadership Promotions in Lending Division
EECU’s Mobile Branch Brings Financial Services to Rural Fresno County Residents
Cloudvirga’s New Integration With ICE PPE Enables Loan Officers To Shop Rates, Validate Eligibility And Manage Locks Within Horizon POS
5Point Credit Union Partners with Arkatechture to Enable Historical Data Analysis and Personalize Member Experience
ICUL Names Congressman Darin LaHood as 2025 Federal Credit Union Legislative Champion
SECU Foundation Awards $500,000 Grant to Feeding the Carolinas to Support Expanded Food Access During Holiday Season
Corporate Central Promotes Sierra Randall and Alexis Dohm to Member Experience Specialists
BCU Named A Computerworld 2026 Best Place To Work In IT
ALM First Promotes Sherwin to Principal, Adds New Role for Haley
Baker Market Update – Week in Review: December 19, 2025
