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.
Indiana Members Credit Union Contributes $1,600 to Red Pride Booster Club
Indiana Members Credit Union presented a check for $1,600 to the Red Pride Booster Club, which supports Plainfield High School Athletics, as part of an ongoing school spirit debit card program. Since beginning the program in 2017, Plainfield athletics has earned $9,600 through this IMCU giveback program.
Sharetec Signs on 22 New CUs in 2023
Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit unions in 2023.
SchoolsFirst Federal Credit Union Sponsors First Annual Coastal Catholic Classic Basketball Showcase
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the credit union served as a sponsor of the first annual Coastal Catholic Classic basketball showcase. The all-day fan event, held on Jan. 6 at Crypto.com Arena in Los Angeles, is the first-of-its-kind, six-game Catholic high school showcase
Gulf Winds Cares Foundation Announces $25,000 in Scholarships Available for Local Students
Gulf Winds Credit Union is pleased to announce the Gulf Winds Cares Foundation will be awarding $25,000 in scholarships for the 2024-2025 school year. There are five scholarships available to local students in the amount of $5,000 each. Three scholarships will be awarded to high school seniors entering a college or university. One scholarship is
Whitefish Credit Union Announces Record-High Dividend Payment
Whitefish Credit Union has reached a significant milestone in its 90-year history, distributing over $38 million in dividends to its members for 2023.
Sharetec Signs on 22 New Credit Unions in 2023
Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit unions in 2023.
Synergent Welcomes Randy Stolp as Its New President
Synergent®, a leading financial technology and services company for credit unions nationwide, is pleased to announce the appointment of Randy Stolp as its new President, effective January 22. Having served in the credit union industry for 22 years, Stolp brings a wealth of experience and a proven track record and is well positioned to lead
TESLA (TSLA) PARTNERS WITH ORIGENCE TO BRING AFFORDABLE CREDIT UNION FINANCING TO ELECTRIC VEHICLE BUYERS
Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, have partnered to offer credit union financing to EV buyers through the Tesla website. Origence is leveraging its new licensed subsidiary, FI Connect, to purchase and place retail contracts with partner credit unions nationwide. FI
Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand
Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly 120,000 members and assets valued at over $1.9 billion, is proud to announce a modernized rebrand. For nearly two years, the company engaged trusted partners, members, and residents of the greater Pittsburgh region to define the direction of its new
Day Air Credit Union Receives Prestigious 2023 Award for Community Service
Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio Credit Union League. This accolade is in recognition of Day Air’s significant contributions through the Bridges Program of Choices, Inc., reflecting a deep commitment to social responsibility and community development.
Advia Credit Union commits $40,000 in Youth and WMU Aviation Scholarships
Advia Credit Union is proud to commit $40,000 in scholarships for 2024. Headquartered in Oshtemo, MI, the financial institution is now accepting applications for the Youth Scholarship Program and Cheryl A. DeBoer Soar Higher Award until March 16, 2024. The scholarships include:
Callahan & Associates Invites Credit Unions To Participate In Annual Non-Interest Income (NII) Survey
To empower credit unions with the actionable insights needed to refine their non-interest income (NII) strategy, Callahan & Associates is excited to announce the launch of its annual non-interest income (NII) survey.
A Blueprint for Success: The 2024 CUES Learning & Events Calendar Now Available
.— Talent development leader CUES has released its 2024 Learning & Events Calendar to help credit union leaders easily and more effectively achieve their career goals in the coming year.
SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as the premium sponsor for the Education Leadership Summit presented Nov. 16 at California State University, San Bernardino (CSUSB). The gathering of visionary leaders, educators and educational innovators provided a unique opportunity for its attendees to engage with experts and
Baker Market Update – Week in Review: January 12, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
myCUmortgage Announces Four New Credit Union Partnerships in Q4
A total of 13 new partnerships in 2023, including these four in Q4, helps myCUmortgage fulfill its mission of empowering credit unions to become great mortgage lenders.
Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023
Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and document management, proudly announces the signing of three core renewal agreements in December, marking a successful conclusion to 2023. Mike Bass, Director of Sales and Partner Relations, expressed gratitude for the ongoing support and trust
SESLOC Announces CEO Retirement
SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the credit union. LaChance will be succeeded by Executive Vice President/ Chief Financial Officer Mike Quamma. LaChance led SESLOC’s technology infrastructure in place today which includes robust systems and a keen focus on digital technologies that
Advia Credit Union Celebrates 10-Year Anniversary with Community Impact: Launches Canned Food Drive to Address Food Insecurities
While Advia has been proudly serving its communities for nearly 90 years, this January marks a decade united under the name “Advia.” Advia Credit Union is proud to celebrate 10 years officially being “Advia” and invites the community to join in the celebration through a meaningful initiative.
CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets
CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets 16 new institutions join CFS/SPF in 2023 while 16 renew partnerships.
Coastal Credit Union Names Two New Vice Presidents
Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton has been hired as VP, Marketing. In this role, Shelton and her department will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. She’ll also be responsible for the credit
Maine Savings Federal Credit Union Renews Partnership with Synergent
Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing and a five-year renewal agreement for Opening Act™. Maine Savings also has signed a five-year renewal agreement with Synergent to provide fully integrated debit and credit card processing services
United Federal Credit Union’s ‘Pay It Forward’ Program Helps Local Communities with More Than $14,000 Donated
United Federal Credit Union (United) donated more than $14,200 to 54 different individuals and community organizations across six states during its 16th annual Pay It Forward initiative.
Calling All CU Changemakers: Apply for the CUES Emerging Leader Program 2024
The emerging leader program, CUES Emerge, is now accepting applications for the 2024 cohort. Offered in partnership with Currency Marketing, this program is provided at no cost to participants.
Baker Market Update – Week in Review: January 05, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Indiana Members Credit Union Contributes $1,500 to Greenwood Community High School
Indiana Members Credit Union presented a check for $1,500 to Greenwood Community High School as part of an ongoing school spirit debit card program.
Eltropy Celebrates 600 Customer Milestone
Eltropy, the leading digital conversations platform, announced today it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest fintech company in the CFI space to achieve this milestone. As part of the achievement, the company announced it is boosting investments in Generative AI and product R&D by 36% in 2024. Eltropy’s Generative AI
OCCU celebrates its biggest volunteer year
OCCU team members volunteered more than 4,500 hours in 2023, the biggest year yet for employee volunteerism.
CBS Announces Six Client Renewals in the New 2024 Year!
Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an exclusive Credit Union Core Processor, founded in 1980, that provides premium software and IT services to the credit union industry. CBS delivers innovative technology and provides credit unions with a solution that is secure, simple,
U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions
Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces its recent distribution of $65,000 to seven deserving nonprofits. These funds are poised to amplify the significant impact these organizations have both locally in the metropolitan Washington region and on a broader national scale.
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