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.
UMassFive Announces New Cash Management Specialist
UMassFive is excited to announce Shelby Downey in her role as Cash Management Specialist, as part of the Credit Union’s growing Commercial Services team.
LGE Foundation donates $303,317 to local nonprofits; surpasses $2 million giving milestone
On Wednesday, Dec. 14, 2022, the LGE Community Outreach Foundation presented $303,317 to local nonprofit organizations at LGE Community Credit Union’s annual Christmas breakfast, which was hosted at NorthStar Church in Kennesaw. With these donations, the LGE Foundation surpassed the $2 million overall giving milestone since its inception in 2009.
Karl Johnson appointed as COO of eDOC Innovations
Karl Johnson, formerly eDOC VP of Client Operations and Quality Control is appointed Chief Operating Officer at eDOC Innovation, a CUSO based in Middlebury, Vermont. Karl joined eDOC over 20 years ago as an Implementation Specialist and progressed through multiple roles in the CUSO. Along with his extensive knowledge and years of experience, Karl holds
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.
Unitus Community Credit Union Offers Free Tax Preparation to Qualified Individuals
Unitus Community Credit Union is once again partnering with the Internal Revenue Service and Metropolitan Family Services (MFS)-CASH Oregon to provide Volunteer Income Tax Assistance (VITA) to the community.
Metro Credit Union Partners with Student Choice to Make Higher Education More Attainable for Members
Credit Union Student Choice announced that it has partnered with Metro Credit Union , the largest state-chartered credit union in Massachusetts. Metro will offer Student Choice’s flagship private education line of credit for undergraduate and graduate students, as well as a student loan refinance option.
PSCU Announces Keynote Speakers and DEI Panel for Member Forum 2023
PSCU has announced an impressive lineup of speakers for Member Forum 2023, which will be held April 3-5 in sunny Tampa Bay – home of PSCU’s headquarters.
Greater Texas|Aggieland Credit Union Promotes Atif Naeem to Assistant Vice President in IT
Greater Texas|Aggieland Credit Union has promoted Atif Naeem to Assistant Vice President of IT Infrastructure after serving as director of IT support for the past year. In his new role he is responsible for managing and modernizing all of the credit union’s technology infrastructure.
Brittany Poe Earns BSACS Designation
Corporate Central is proud to announce that Brittany Poe, BSACS, Risk & Compliance Coordinator, has earned her Bank Secrecy Act Compliance Specialist (BSACS) designation.
How Can Your Financial Institution Help Its Consumers Prepare for Recession Predictions in the New Year?
We enter the new year with an inflated economy and predictions of a recession. As a result of the economy in 2022, interest rates, debt in all loan types and the general cost of living have all increased dramatically. According to the Quarterly Report on Household Debt and Credit from the New York Fed’s Center
NEW ENGLAND FEDERAL CREDIT UNION (NEFCU) Awards Vermont National Guard Scholarships
New England Federal Credit Union recently announced the winners of its Vermont National Guard Scholarships
Indiana Members Credit Union Contributes $1,500 to Carmel High School
Indiana Members Credit Union presented a check for $1,500 to Carmel High School Athletics as part of an ongoing school spirit debit card program.
CSCU Prepares for the Looming Recession by Harnessing Eltropy’s Digital Communications Platform
Economic factors are pushing credit unions like CSCU to Texting and Video banking – saving call center expenses as much as 64 percent in a recession year.
U.S. Senate Federal Credit Union Distributes $70,000 to Charities throughout the Region
As community nonprofits continue to confront a surging demand for services, U.S. Senate Federal Credit Union (USSFCU) of Alexandria, Virginia, announces seven nonprofits have received a combined total of $70,000 in donations. The funds will help further the tremendous impact these organizations have both in the metropolitan Washington region and nationwide.
Baker Market Update – Week in Review: January 13, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Joshua Jones appointed as CTO of eDOC Innovations
Josh Jones, formerly eDOC VP of R&D and lead architect of eDOCSignature and Corporate eSign appointed CTO at eDOC Innovation, a CUSO based in Middlebury, Vermont. Josh holds a Bachelors of Science degree in Computer Science and Systems Integration at Weber State University and will lead in eDOC’s plan of migrating technology stack over the
Joshua Jones appointed as CTO of eDOC Innovations
Josh Jones, formerly eDOC VP of R&D and lead architect of eDOCSignature and Corporate eSign appointed CTO at eDOC Innovation, a CUSO based in Middlebury, Vermont. Josh holds a Bachelors of Science degree in Computer Science and Systems Integration at Weber State University and will lead in eDOC’s plan of migrating technology stack over the
Cline Named Vice President of Member Success and Loyalty at Truliant
Truliant Federal Credit Union announced that it has promoted Jeremy Cline to the role of vice president of member success and loyalty.
CommunityAmerica CU Announces Profit Payout for 2022
CommunityAmerica Credit Union announces they’ll give $9.5 million to their members through their annual Profit Payout Program.
C-SUITE AND OTHER LEADERSHIP CHANGES AT BACK-OFFICE CUSO AUX
Gaye DeCesare, Aux VP Compliance, has been appointed Chief Compliance Officer and Alan Bergstrom, Aux VP Marketing & Business Development, has been appointed Chief Marketing Officer, both effective January 1, 2023. Additionally, Holla Walker will become Aux CFO when Diane Parham becomes CEO on April 1, 2023.
Abound’s $25,000 College Scholarship Program Now Accepting Applications
As part of its ongoing commitment to community, Abound Credit Union will award a total of $25,000 in college scholarships to 10 hardworking high school seniors in the Class of 2023.
FirstLight Names Margie Salazar Chief Executive Officer
FirstLight Federal Credit Union ($1.5B, El Paso, TX) has selected Margie Salazar to serve as chief executive officer (CEO). Salazar previously served as chief financial officer of FirstLight Federal Credit Union and will succeed long-time CEO Karl Murphy on February 1, 2023. She was placed by DDJ Myers, the well-known leadership development firm. “Working with
Joan Opp Elected New Board Chairperson of Co-op Solutions
Joan Opp, President/CEO of Stanford Federal Credit Union, has been elected Chairperson of the Board of Directors of Co-op Solutions, taking office on January 1 and succeeding Benson Porter, who retired last month.
TopLine Honored in Four Marketing Categories by the Minnesota Credit Union Network
TopLine Financial Credit Union was honored with four marketing awards from the Minnesota Credit Union Network (MnCUN). The Minnesota Credit Union Network Marketing Awards acknowledges the outstanding programs credit unions have created to grow brand awareness and market to members.
Coastal Credit Union Hires Odene James Vice President of Risk Management
Coastal has hired Odene James as its new Vice President of Risk Management, effective Jan. 9. With more than 20 years of experience in the financial services industry, her expertise spans both the private and public sectors where she has served in various roles at several financial institutions.
Corporate Central Promotes Will Valadez to Human Resources Business Partner
Corporate Central is proud to announce that Will Valadez has been promoted to Human Resources Business Partner. In this role, Valadez will partner with business leaders to strengthen company culture and the employee work experience through effective strategic planning and competitive business strategy.
Gateway Services Group Launched Well-Time Advisory Service
Gateway Services Group LLC, (gsgllc.com) has launched a new consulting division headed by Judy Sandberg, EVP. Focused on designing and implementing new asset growth strategies, GSG Consulting Solutions will design collaborative growth initiatives for credit unions and CUSOs facing significant challenges with historic low liquidity and high interest rates.
Become an Employer of Choice: Participate in CUES Surveys, Benefit from the Results
CUES® is asking credit unions across the United States to participate in two important industry surveys: CUES Executive Compensation Survey and CUES Employee Salary Survey. Both are open for participation now through March 31.
Jessica Smith Joins Redwood Credit Union as Vice President of Business Account Services
Redwood Credit Union has hired Jessica Smith as vice president of business account services.
Frederick Blask Earns NCBSO Designation
Corporate Central is proud to announce that Frederick L. Blask, NCBSO, NCRM, Vice President Governance Risk & Compliance, has earned the prestigious designation of NAFCU Certified Bank Secrecy Officer (NCBSO).
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
OCCU adds associate board members, board director
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Garden Savings Federal Credit Union Awards Three Scholarships
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration
CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending
Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer
Baker Market Update – Week in Review: July 5, 2024
Corporate Central Promotes Cameron Krueger to Website and Design Specialist
United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
Alloya Announces Changes in Capital Markets and Investment Services
STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION
United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season
Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
Illinois Credit Union System Announces Leadership Change
ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
SECU Foundation Provides Financing for Bertie County Workforce Housing
Baker Market Update – Week in Review: June 28, 2024
GTE Financial Promotes Two Leaders In Operations To Vice President
TopLine Credit Union And Employees Donate Clothing And Shoes
NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule
Eltropy Announces Key Enhancements to Unified Conversations Platform
United Federal Credit Union Names New Mortgage Advisor in Springdale, AR
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
OCCU adds associate board members, board director
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Garden Savings Federal Credit Union Awards Three Scholarships
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration
CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending
Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer
Baker Market Update – Week in Review: July 5, 2024
Corporate Central Promotes Cameron Krueger to Website and Design Specialist
United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
Alloya Announces Changes in Capital Markets and Investment Services
STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION
United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season
Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
Illinois Credit Union System Announces Leadership Change
ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
SECU Foundation Provides Financing for Bertie County Workforce Housing
Baker Market Update – Week in Review: June 28, 2024
GTE Financial Promotes Two Leaders In Operations To Vice President
TopLine Credit Union And Employees Donate Clothing And Shoes
NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule
Eltropy Announces Key Enhancements to Unified Conversations Platform
United Federal Credit Union Names New Mortgage Advisor in Springdale, AR
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
OCCU adds associate board members, board director
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Garden Savings Federal Credit Union Awards Three Scholarships
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
