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: August 30, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
SchoolsFirst Federal Credit Union Donates 2,925 Filled Backpacks to 12 County Offices of Education Throughout California
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced it delivered 2,925 backpacks filled with school supplies – including pencils, erasers, notebooks and other necessities – to 12 county offices of education throughout California.
Alogent’s Unify Platform Wins TAG Fintech ADVANCE Award for Innovation in Enterprise Deposits Automation
Alogent is proud to announce that its Unify platform has received the TAG Fintech ADVANCE Award, highlighting its leadership in enterprise deposits automation and its significant impact on operational efficiencies within financial institutions. Presented by the Technology Association of Georgia (TAG), the TAG ADVANCE Awards are designed to celebrate the top fintech organizations across the
Gulf Winds Supports Escambia County Alabama Area Agency on Aging
I am sharing news about a gift Gulf Winds Credit Union recently made to the Escambia County Area Agency on Aging. The $5,000 donation will support local seniors with opportunities to socialize, access meals, and receive vital supportive services.
United Federal Credit Union Names New Mortgage Advisor in Minden
United Federal Credit Union (United) is pleased to announce the promotion of Natalie Dufty to Mortgage Advisor in Minden. Dufty is based at United’s Minden branch located at 1647 U.S. Hwy 395 N in Minden.
SchoolsFirst Federal Credit Union Receives Four National Awards for Financial Education Initiatives from Credit Union Financial Education Network
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that it received four national awards for its financial education initiatives from the Credit Union Financial Education Network (CUFEN). The awards were presented during the CUFEN annual conference held July 21 – 24 in
GreenState Credit Union announces new CFO
GreenState has promoted Heather Stumpf to Chief Financial Officer.
Corporate Central Announces Economic Outlook Conference with Keynote Speaker Kim Lear
Corporate Central is excited to announce its highly anticipated Economic Outlook Conference, scheduled for Thursday, September 12, at The Ingleside Hotel in Pewaukee, Wisconsin. The conference will feature an impressive lineup of expert speakers, with a keynote address from Kim Lear, recently named a Fellow by the Filene Research Institute.
Credit Union Fans Raise Over $38,000 at Credit Union Day at the Ballpark
On Sunday, August 11, Corporate Central and The Wisconsin Credit Union League hosted Credit Union Day at the Ballpark, a fundraising event that raised over $38,000 for The Wisconsin Credit Union Foundation and The National Credit Union Foundation. The collaborative event brought over 330 credit union members, families, friends, employees, and supporters together as the
INOVA names scholarship winners for 2024
INOVA Federal and the Tolson Center for Community Excellence are happy to name Gregory Williams and Raniaha Newson as their 2024 scholarship winners.
Eltropy Leadership Summit 2024 to Spotlight “Safe AI” in Community Banking
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its upcoming 2024 Leadership Summit will feature a special focus on “Safe AI” in the financial sector. The third annual Eltropy Leadership Summit, scheduled for August 26-28, 2024, at the picturesque Sundance Mountain Resort in Utah, will bring together thought leaders,
Hartford Federal Credit Union Selects Lucas Manzi as SVP-Chief Financial Officer
Hartford Federal Credit Union is pleased to announce the hiring of Lucas Manzi as the Credit Union’s new SVP-Chief Financial Officer. In his new role, Manzi will oversee the finance and accounting operations, as well as the IT Department for the Bauer Financial 5-Star rated financial institution. “Lucas is an experienced CFO, and we are
Baker Market Update – Week in Review: August 16, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Maine’s Downeast Credit Union Partners with Synergent to Host Jack Henry’s Symitar Core Processing Solution
Synergent® is pleased to announce that Downeast Credit Union has signed a ten-year agreement with Synergent for hosted Jack Henry™ Symitar® core processing, Banno Digital Banking™, and iPay Consumer Bill Pay. In addition to Jack Henry’s solutions, the credit union also signed a ten-year agreement for Synergent’s integrated credit and debit card services along with
Strategic Marketing Fuels 48% Loan Growth at UCCU
Serving mostly rural areas with limited access to services and infrastructure in Missouri and Illinois, United Community Credit Union is playing a role in building more sustainable, vibrant communities. In July, the $118 million credit union reported a $4.1 million increase in loans year to date, outpacing last year by 48.2%.
Datava and Corridor announce a Strategic Partnership to Revolutionize Data and Decision Management for Credit Unions
Datava, a trailblazer in end-to-end data activation for credit unions, and Corridor, a next-gen decision analytics platform with a proven track record, are excited to announce a strategic partnership. This collaboration, backed by their extensive experience and expertise, is poised to reshape how credit unions and community banks leverage their data and decision-making capabilities to
ORIGENCE TO HOST ECONOMIC AND CREDIT UNION UPDATE WEBINAR WITH TRUSTAGE’S CHIEF ECONOMIST STEVEN RICK
Origence, the leading lending technology solutions provider for credit unions, is hosting a free webinar titled “Economic and credit union update” featuring guest speaker Steven Rick, director and chief economist at TruStage, on August 29, 2024 at 11 a.m. PT.
Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic
Alogent and Mitek announce an expanded. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify. CFD uses a unique combination of patented imaging science, machine learning, and artificial intelligence to analyze checks from all channels in real-time.
Hunter Pence’s Healthy Planet Project and Redwood Credit Union Team Up to Beautify San Francisco School
Redwood Credit Union recently teamed up with former San Francisco Giants All-Star Hunter Pence’s Healthy Planet Project to create a warm and welcoming space for returning Tenderloin Community Elementary School students.
GTE Financial Launches Student Perks Program To Offer Rewards To Young Members
GTE Financial is happy to launch its new Student Perks program for members 16 and up. Student Perks is a free rewards program that helps students save more, earn money and efficiently manage their accounts. The rewards program also offers Go Points for Student Perks, which young members can redeem for cash back and more.
TowerCares Foundation Awards $150,000 in College Scholarships
Recent high school graduate Ashley Doyle will enter her freshman year at Virginia Commonwealth University this fall with an extra $5,000 towards her education, thanks to the TowerCares Foundation. Doyle plans to major in Chemistry and pursue her dream to work in the medical field. “I have been blessed with some incredible doctors and nurses
GTE Financial Garners Prestigious 2024 Aetna Workplace Well-being Platinum Award
GTE Financial is thrilled to announce its latest achievement—the prestigious Platinum Aetna Workplace Well-being Award. This recognition highlights the credit union’s steadfast dedication to nurturing the health and overall well-being of its employees. Achieving Platinum status, the award’s highest honor is a first for GTE and underscores the profound impact of its wellness initiatives.
Gulf Winds Champions Children’s Health with Sponsorship of 2024 Cat Country Cares for Kids Radiothon in Partnership with Ascension Sacred Heart Foundation
On Friday, August 16, Gulf Winds Credit Union sponsored Cat Country’s 2024 Radiothon in partnership with the Ascension Sacred Heart Foundation. Gulf Winds donated $20,000 to the event, supporting the Studer Family Children’s Hospital, the only Children’s Miracle Network affiliate serving the Pensacola region.
LGE Community Credit Union Named a 2024 AJC Top Workplace
LGE Community Credit Union is proud to announce that it has been recognized as a Top Workplace by The Atlanta Journal-Constitution (AJC) for the ninth time.
Gulf Winds Credit Union Donates to United Fund of Atmore and Brewton
The Gulf Winds Cares Foundation recently made gifts to United Fund Atmore in Atmore, Alabama, and United Fund Brewton in Brewton, Alabama for a total of $6,000. Gulf Winds is proud to support these organizations which aim to unite people and resources to build a strong community. We feel your audience would benefit from learning
St. Cloud Financial Credit Union announces strategic investment into DaLand CUSO
St. Cloud Financial Credit Union (SCFCU) is excited to announce its strategic investment in DaLand CUSO. This investment, alongside minority contributions from other credit unions and private investors, is set to enhance service offerings and drive innovation in the financial sector.
Peach State Credit Union and Pinnacle Credit Union Announce Merger
Members of Pinnacle Credit Union have voted in favor of merging with Peach State Federal Credit Union during a Special Meeting of Members held on August 15th. The financial merger has been approved by the National Credit Union Administration and is effective September 1, 2024. Pinnacle and Peach State have a shared history of serving
SchoolsFirst Federal Credit Union Sponsors Joan Nelson Award Scholarship in San Diego County
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has partnered with the San Diego County Office of Education (SDCOE) to sponsor the Joan Nelson Award Scholarship. The credit union has granted $7,500 to underwrite the scholarship, which supports those who want to further their education to pursue careers in
Alogent Named Finalist for TAG Fintech ADVANCE Awards, Highlighting Innovation in Enterprise Deposits Automation
Alogent proudly announces that its Unify platform was named a finalist for the TAG Fintech ADVANCE Awards. Unify, a deposits automation platform, changes the way banks and credit unions approach transaction processing by bringing a modern and consolidated approach to all full- and self-service deposit channels with its single platform and API. Presented by the
Eltropy Climbs to No. 438 on Inc. 5000 Fastest-Growing Companies List for 2024
Eltropy has secured the rank of No. 438 on the Inc. 5000 for 2024, marking a significant climb from its previous placements at No. 2,909 in 2022 and No. 618 in 2023. This impressive ranking is a result of Eltropy’s 1,023% three-year growth rate, placing the company among the top performers in the Software category.
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth
Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation
Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs
First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience
SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker
GreenState appoints new Chief Risk Officer, Ryan Gage
Chartway Credit Union Expands with New Branches, Products, & Services
United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana
GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles
United Federal Credit Union Names New Mortgage Advisor in Battle Creek
Maine Credit Union Grows Assets by More Than 60%
INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service
NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference
Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger
Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast
SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships
Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation
Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience
Cetera Welcomes Eglin Federal Credit Union
Horizon Helps Build a Better Future With $10,000 Donation
GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams
Coastal Credit Union Collecting Toys for Tots
Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services
LGE Community Credit Union wins two Marketing Association of Credit Unions awards
INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth
Autotruck Financial Credit Union Chooses Sharetec for Shared Values and Digital Innovation
Landings Credit Union Secures $81,000 Ahead Grant to Support Tempe Community Action Agency’s (TCAA) Economic Empowerment Programs
First Hope Bank Partners with Arkatechture to Drive Data Innovation and Enhance Customer Experience
SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker
GreenState appoints new Chief Risk Officer, Ryan Gage
Chartway Credit Union Expands with New Branches, Products, & Services
United Federal Credit Union Promotes Two to Branch Manager Positions in Indiana
GTE Financial Elevates Leadership: Manny Aguilar and Dona Svehla Promoted to Key Executive Roles
United Federal Credit Union Names New Mortgage Advisor in Battle Creek
Maine Credit Union Grows Assets by More Than 60%
INOVA’S Samuel Kamwenji Receives Minority Business Excellence Award for Service
NCOFCU Awards it 2024 Vollunteer of the Year and Lifetime Achivement Awards at their San Antonio Conference
Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger
Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast
SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships
Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation
Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience
Cetera Welcomes Eglin Federal Credit Union
Horizon Helps Build a Better Future With $10,000 Donation
GTE Financial Announces Key Promotions in Talent Development and Talent Administration Teams
Coastal Credit Union Collecting Toys for Tots
Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services
LGE Community Credit Union wins two Marketing Association of Credit Unions awards
INTRODUCING TRIUNITY FOUNDATION: HELPING ELIMINATE DEBT FOR THOSE FACING TERMINAL ILLNESSES
Alogent Launches Alogent Shield: Advanced Check Fraud Mitigation Suite of Capabilities Utilizing AI and Machine Learning to Reduce Losses Across All Deposit Channels
Aggieland Credit Union Finances $53,000 in Texas A&M Student-run Entrepreneurial Ventures
Eltropy CEO to Address Branch Banking Innovation at Future Branches 2024
TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need
Coastal Credit Union School Supply Drive Benefits 29 Local Schools
United Federal Credit Union Hires Chief Commercial Officer to Lead Business Lending and Deposit Growth