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.

Date

Bipartisan AFFORD Act Will Strengthen CDFI Fund

The bipartisan Advancing Financial Opportunities through Revitalizing and Developing CDFIs (AFFORD) Act was introduced this week by Senators Steve Daines (R-MT) and Mark Warner (D-VA), along with 28 additional Senate co-sponsors. The legislation incorporates elements from several previously introduced bills, and of significant importance to CDFI credit unions is the CDFI Fund Transparency Act (S.

St. Cloud Financial Credit Union Launches CU-Digital Asset Vault™ — Positioning the Credit Union as the most Valuable Wallet for Member Digital Wealth

St. Cloud Financial Credit Union (SCFCU) announced the live launch of the CU-Digital Asset Vault™, the first credit union-built digital asset vault designed specifically for credit union members, establishing a model for how credit unions can engage digital assets without outsourcing the member relationship, fragmenting data, or locking themselves into vendor solutions.

Appli CEO Tim Pranger to Showcase Real-Time Property Value Calculator at CUNA GAC 2026

Appli, the creator of the industry’s first AI-powered smart financial calculator, today announced that Founder and CEO Tim Pranger will be on-site at the 2026 Governmental Affairs Conference (GAC) in Washington, D.C., March 1-4, demonstrating the company’s standalone real-time property value calculator — a lead generation tool designed to help credit unions turn home equity

Ocean State Credit Union Selects Synergent for Core Processing and Integrated Services

WESTBROOK, ME (February 26, 2026) – Synergent® has entered into a ten-year hosted Jack Henry™ Symitar® core processing agreement with Ocean State Credit Union. The credit union also signed five-year agreements for integrated managed services, including debit card services, check processing, statement processing, and check printing.

eDOC Innovations Announces Product Enhancements

eDOC announces product updates and enhancements including new integration capabilities with its e-Sign solution, eDOCSignature, optimization of iDOCVault document management solution, as well as updates to its check imaging solution strengthening its operational reliability.

Vizo Financial’s March 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we provide a wide array of educational conferences, workshops and webinars. Our educational webinars and events in March 2026 cover a variety topics including Regulation CC, risk management, talent development, economics and finance.

Meriwest Credit Union Wins Top Honor as Best Credit Union in Silicon Valley 2026

We’re excited to share that Meriwest has been voted as the Best Credit Union in Silicon Valley in 2026 by the Mercury News Readers’ Choice Awards! Thank you for trusting us with your financial goals and inspiring us to keep delivering exceptional service and positive change throughout the Bay Area.

Origence Ends 2025 with 17% Growth in Fundings; Expands AI-Driven Lending Technology

Origence, the leading lending technology solutions provider for credit unions, closed 2025 with $62 billion in total fundings, up 17% from 2024, and signed 89 new or expanded credit union contracts. Together, the network of CUDL credit unions maintained their position as the nation’s largest auto lender as an aggregate for the fifth consecutive year.

Xpress Data Inc. hires Kirk Drake as new President

Xpress Data Inc. hires Kirk Drake as new President. Drake brings decades of experience in credit unions and technology strategy and has been consulting with XDI for the past 18 months. His appointment is intended to strengthen XDI’s technology focus and support continued innovation and growth. XDI remains dedicated to serving credit unions nationwide, providing

Credit Unions Gain Edge with New CashBack+ Credit Card Rewards

New York, NY – February 25, 2025 – Prizeout, the leader in advertising and financial technology, today announced the launch of its Credit Card Rewards program, the final piece of its CashBack+ ecosystem. This expansion unites CashBack+ Offers, CashBack+ Actions, CashBack+ Pay, and now credit card transactions into one comprehensive rewards platform, bringing credit unions

ICUL Launches “Credit Unions in Action” to Showcase Statewide Community Impact

The Illinois Credit Union League has opened our inaugural Credit Unions in Action (CUIA) data collection initiative, and we’re excited to begin gathering 2025 community impact stories from credit unions across the state. Credit Unions in Action is designed to capture and quantify the many ways Illinois credit unions strengthen their communities — from financial

Wings Credit Union Signs with Corelation, Selecting KeyStone to Elevate Its Future

Wings Credit Union has signed with Corelation, confirming their decision to select the KeyStone core to power what is a newly combined cooperative following a strategic merger-of-equals between Colorado and Minnesota’s largest credit unions. Ent and Wings officially joined forces under the Wings name on Jan. 1, 2026, becoming one of the largest credit unions

FI Connect Expands with Home Improvement Lending Channel, Helping Credit Unions Access New Home Renovation Loan Opportunities

Origence, the leading credit union lending technology company in the U.S., announced that its subsidiary, FI Connect, has expanded its embedded financing program to include home improvement lending. This expansion opens a new, strategically significant channel for credit unions, giving them direct access to home renovation loan opportunities sourced through established contractor networks.

Callahan & Gallup Welcome Two Credit Unions To The Member Engagement And Financial Wellbeing Consortium

Callahan & Associates, a recognized leader in performance measurement, leadership development, strategic advisory and community development for credit unions, and Gallup, a global analytics and advisory firm with more than 90 years of expertise in understanding human attitudes and behaviors, announced today that two new credit unions have joined its collaborative program, the Member Engagement And Financial Wellbeing Consortium.

QuantyPhi Welcomes Max Bade as ALM & CECL Analyst

QuantyPhi, a wholly owned CUSO of Corporate Central, is pleased to welcome Max Bade as ALM & CECL Analyst as the organization continues expanding its analytical capabilities to support credit unions navigating an increasingly complex financial environment. In this role, Bade will support credit unions with asset liability management, CECL analysis, liquidity planning, and balance

EECU Celebrates Fresno Unified Excellence in Education Honorees

FRESNO, Calif. (Feb. 20, 2026) – Educational Employees Credit Union (EECU) proudly sponsored the Fresno Unified School District’s annual Excellence in Education awards ceremony, an event that recognized outstanding educators, administrators, and classified staff for their dedication to students and schools throughout the district.

Woodford State Bank Selects Square 1 Credit Suite by Suntell

Woodford State Bank Selects Square 1 Credit Suite by Suntell February 23, 2026 — Suntell, a leading provider of loan origination software for commercial and agricultural lending, is pleased to announce that Woodford State Bank has selected the Square 1 Credit Suite by Suntell to strengthen its agricultural and commercial lending operations. Woodford State Bank’s

Suntell Marks 30 Years Advancing Commercial and Agricultural Lending Technology for Community Financial Institutions

Suntell Marks 30 Years Advancing Commercial and Agricultural Lending Technology for Community Financial Institutions Suntell is celebrating its 30th anniversary, marking three decades of developing loan management technology designed specifically for community banks and credit unions engaged in commercial and agricultural lending. Since its founding in 1996, Suntell has focused on improving how financial institutions

Peninsula Community Credit Union Selects Alogent’s FASTdocs to Modernize Enterprise Content Management

Peninsula Community Credit Union has selected FASTdocs, Alogent’s enterprise content management (ECM) platform, to modernize its document management environment. Delivered as a cloud-based solution purpose-built for financial institutions, FASTdocs enables centralized content and information management, controlled access to sensitive data, and enterprise-wide adoption through an intuitive user interface, seamless third-party integrations, and configurable administrative rights.

National Association of Latino Credit Union Professionals Honors SchoolsFirst Federal Credit Union President Jose Lara with Legacy Leader Award

Jose Lara, president of SchoolsFirst Federal Credit Union, received the Legacy Leader Award from the National Association of Latino Credit Union Professionals (NLCUP) during the annual NLCUP conference themed Sembrando Sueños – Sowing Dreams – held in Long Beach, Calif., Feb. 1 – 4. Lara’s leadership, advocacy and service have had a lasting impact on

Family Trust Federal Credit Union recognized for housing-focused financial education efforts

Family Trust Federal Credit Union (Family Trust) has been recognized by the Carolinas Credit Union Foundation with the Desjardins Adult Financial Education Award for its work combining financial education with housing stability for individuals transitioning out of homelessness in York County. The Desjardins Adult Financial Education Award recognizes credit unions that demonstrate leadership in promoting

Gulf Winds Welcomes Christopher Tenney as Vice President of Cybersecurity

Gulf Winds Credit Union is excited to announce that Christopher Tenney has joined the senior leadership team as Vice President of Cybersecurity. In this new role, Tenney will oversee all information security operations, manage emerging technology risks, and maintain NCUA regulatory adherence, further securing Gulf Winds financial infrastructure. With an extensive background in business technology

Humanidei Welcomes Carolyn Reeves as Leadership & Organizational Development Consultant

Ontario, CA, February 17, 2026. Humanidei has announced the addition of Carolyn Reeves as its new Leadership & Organizational Development Consultant. In this role, Reeves will partner with credit unions across the country to design and deliver leadership development programs, facilitate strategic planning and governance workshops, and support leaders and organizations in aligning strategy, culture,

Industry Analysis & Trends

Baker Market Update – Week in Review: June 12, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Gulf Winds Welcomes Jennifer Perez as Vice President of Marketing

Gulf Winds Credit Union is excited to announce that Pensacola native Jennifer Perez has joined the senior leadership team as ...
Lending

National Cooperative Bank Provides $4 Million Subordinated Debt Loan to OnPath Federal Credit Union

National Cooperative Bank provided a $4 million subordinated debt loan to OnPath Federal Credit Union to support strategic initiatives, including ...
Personnel Promotions

Tower Federal Credit Union Welcomes Darena Merdzhanova as New Vice President of Compliance

Tower Federal Credit Union, one of Maryland’s largest credit unions, announces the hiring of Darena Merdzhanova, JD, MBA, CRCM as ...
Marketing

Indianapolis Star Names Indiana Members Credit Union a Winner of the Central Indiana Top Workplaces 2026 Award

Indiana Members Credit Union has been awarded a Top Workplaces 2026 honor by Indianapolis Star.
Industry Analysis & Trends

Baker Market Update – Week in Review: June 05, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Charity Events

Chartway’s Week of Giving Brings Utah Communities Together for Celebrations and Sell-Out Fundraising Event

Chartway Credit Union’s Chartway Promise Foundation recently wrapped up a weeklong series of celebratory and fundraising events dedicated to delivering ...
Other

SchoolsFirst Federal Credit Union Expands Across California With Seven New Branches

SchoolsFirst Federal Credit Union is expanding its statewide presence with seven new branches, bringing accessible, personalized financial services closer to ...
Other

Five credit unions earn California’s Cal IIP Awards with assistance from CU Strategic Planning

All five credit unions that CU Strategic Planning assisted with applications to the California Investment & Innovation Program (Cal IIP) ...
Making A Difference

3Rivers Credit Union Foundation Surpasses $132,000 in Community Giving During First Half of 2026

The 3Rivers Credit Union Foundation awarded $63,000 to 21 nonprofit organizations during its second grant cycle of 2026, bringing the ...
Strategic Partnerships

MERGER PLANNED FOR HEALTHCARE ASSOCIATES CREDIT UNION (HACU) AND  BAXTER CREDIT UNION (BCU) 

HealthCare Associates Credit Union (HACU), a $479.4 million credit union headquartered in Lisle, IL, and Baxter Credit Union (BCU), a $6.5 ...
Strategic Partnerships

Centris Federal Credit Union Selects Alogent’s Unify SaaS Platform to Modernize and Streamline Enterprise Deposit Processing

Alogent announced today that Centris Federal Credit Union, a $1.5 billion, Omaha-based financial institution, has selected Unify to modernize enterprise ...
Strategic Partnerships

Hartford Federal Credit Union Chooses Synergent as Partner for Core Processing and Integrated Services

WESTBROOK, ME (June 3, 2026) – Synergent® has entered into a ten-year hosted Jack Henry™ Symitar® core processing agreement with ...
Technology

Quavo Fraud & Disputes Releases 2026 State of Dispute Management Performance Report

Landmark Benchmark Study Reveals How AI-Powered Dispute Management Is Closing the Gap Between Industry Average and Best-in-Class Performance
Making A Difference

Credit Unions Reach 250+ Shared Member Stories Reflecting The People-First Purpose Of The Movement

Washington, DC – Callahan & Associates announced that The Member Story Project has surpassed 250 published stories, a milestone that ...
Other

NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA

The National Association of State Credit Union Supervisors (NASCUS) submitted a comment letter to the National Credit Union Administration (NCUA) ...
Personnel Promotions

Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance

Coastal Credit Union has hired Allison Liston as its new Vice President of Legal and Compliance. She will lead the ...
Vendor Resources

Coastal Credit Union Now Live with CashBack+ Credit Card Rewards

NEW YORK, NY – June 3, 2026 – Today, Coastal Credit Union announced an expanded partnership with Prizeout, going live ...
Making A Difference

Tower Federal Credit Union & TowerCares Foundation Launch $250,000 for a Brighter America: A New Community Giving Initiative Supporting Military, Veterans, and Children in Need

Tower Federal Credit Union today announced the launch of $250,000 for a Brighter America, a new community giving initiative celebrating ...
Legal/Regulatory

Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027

The Illinois Credit Union League applauds passage of SB 3645, legislation that extends implementation of the Interchange Fee Prohibition Act ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 29, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Other

Vizo Financial’s June 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Making A Difference

LAFCU awards $20,000 in scholarships through annual essay contest

LANSING, Mich. — LAFCU, a Michigan-based credit union, is proud to announce the winners of its 2026 Write to Educate ...
Other

SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards

SchoolsFirst Federal Credit Union joined Classroom of the Future Foundation (CFF) to honor educators, students and community partners at the ...
Other

Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards

Chartway Credit Union is pleased to announce it is a 2026 Top Workplaces Culture Excellence and Industry Award winner for ...
Strategic Partnerships

eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions

eDOC conducted a webinar webinar in partnership with Advanced Fraud Solutions (AFS), highlighting the powerful capabilities of the AFS TrueChecks® ...
Operations & HR

Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources

Corporate One Federal Credit Union announced that Jeff Blake will join the organization as Senior Vice President (SVP), Head of ...
Making A Difference

Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging

Pensacola, Florida (May 27, 2026) – In celebration of Older Americans Month, Gulf Winds made a $5,000 donation to the ...
Making A Difference

CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS

Credit Union of Colorado Foundation is proud to announce the 2026 winners of its annual college scholarship program. The Foundation ...
Investments

Chartway Credit Union Continues Growth with Two New Branches

Chartway Credit Union continues to build on its momentum of strategic growth and community investment with the upcoming grand openings ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 12, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Operations & HR

Gulf Winds Welcomes Jennifer Perez as Vice President of Marketing

Gulf Winds Credit Union is excited to announce that Pensacola native Jennifer Perez has joined the senior leadership team as ...
Lending

National Cooperative Bank Provides $4 Million Subordinated Debt Loan to OnPath Federal Credit Union

National Cooperative Bank provided a $4 million subordinated debt loan to OnPath Federal Credit Union to support strategic initiatives, including ...
Personnel Promotions

Tower Federal Credit Union Welcomes Darena Merdzhanova as New Vice President of Compliance

Tower Federal Credit Union, one of Maryland’s largest credit unions, announces the hiring of Darena Merdzhanova, JD, MBA, CRCM as ...
Marketing

Indianapolis Star Names Indiana Members Credit Union a Winner of the Central Indiana Top Workplaces 2026 Award

Indiana Members Credit Union has been awarded a Top Workplaces 2026 honor by Indianapolis Star.
Industry Analysis & Trends

Baker Market Update – Week in Review: June 05, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Charity Events

Chartway’s Week of Giving Brings Utah Communities Together for Celebrations and Sell-Out Fundraising Event

Chartway Credit Union’s Chartway Promise Foundation recently wrapped up a weeklong series of celebratory and fundraising events dedicated to delivering ...
Other

SchoolsFirst Federal Credit Union Expands Across California With Seven New Branches

SchoolsFirst Federal Credit Union is expanding its statewide presence with seven new branches, bringing accessible, personalized financial services closer to ...
Other

Five credit unions earn California’s Cal IIP Awards with assistance from CU Strategic Planning

All five credit unions that CU Strategic Planning assisted with applications to the California Investment & Innovation Program (Cal IIP) ...
Making A Difference

3Rivers Credit Union Foundation Surpasses $132,000 in Community Giving During First Half of 2026

The 3Rivers Credit Union Foundation awarded $63,000 to 21 nonprofit organizations during its second grant cycle of 2026, bringing the ...
Strategic Partnerships

MERGER PLANNED FOR HEALTHCARE ASSOCIATES CREDIT UNION (HACU) AND  BAXTER CREDIT UNION (BCU) 

HealthCare Associates Credit Union (HACU), a $479.4 million credit union headquartered in Lisle, IL, and Baxter Credit Union (BCU), a $6.5 ...
Strategic Partnerships

Centris Federal Credit Union Selects Alogent’s Unify SaaS Platform to Modernize and Streamline Enterprise Deposit Processing

Alogent announced today that Centris Federal Credit Union, a $1.5 billion, Omaha-based financial institution, has selected Unify to modernize enterprise ...
Strategic Partnerships

Hartford Federal Credit Union Chooses Synergent as Partner for Core Processing and Integrated Services

WESTBROOK, ME (June 3, 2026) – Synergent® has entered into a ten-year hosted Jack Henry™ Symitar® core processing agreement with ...
Technology

Quavo Fraud & Disputes Releases 2026 State of Dispute Management Performance Report

Landmark Benchmark Study Reveals How AI-Powered Dispute Management Is Closing the Gap Between Industry Average and Best-in-Class Performance
Making A Difference

Credit Unions Reach 250+ Shared Member Stories Reflecting The People-First Purpose Of The Movement

Washington, DC – Callahan & Associates announced that The Member Story Project has surpassed 250 published stories, a milestone that ...
Other

NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA

The National Association of State Credit Union Supervisors (NASCUS) submitted a comment letter to the National Credit Union Administration (NCUA) ...
Personnel Promotions

Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance

Coastal Credit Union has hired Allison Liston as its new Vice President of Legal and Compliance. She will lead the ...
Vendor Resources

Coastal Credit Union Now Live with CashBack+ Credit Card Rewards

NEW YORK, NY – June 3, 2026 – Today, Coastal Credit Union announced an expanded partnership with Prizeout, going live ...
Making A Difference

Tower Federal Credit Union & TowerCares Foundation Launch $250,000 for a Brighter America: A New Community Giving Initiative Supporting Military, Veterans, and Children in Need

Tower Federal Credit Union today announced the launch of $250,000 for a Brighter America, a new community giving initiative celebrating ...
Legal/Regulatory

Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027

The Illinois Credit Union League applauds passage of SB 3645, legislation that extends implementation of the Interchange Fee Prohibition Act ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 29, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Other

Vizo Financial’s June 2026 Education Calendar

At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Making A Difference

LAFCU awards $20,000 in scholarships through annual essay contest

LANSING, Mich. — LAFCU, a Michigan-based credit union, is proud to announce the winners of its 2026 Write to Educate ...
Other

SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards

SchoolsFirst Federal Credit Union joined Classroom of the Future Foundation (CFF) to honor educators, students and community partners at the ...
Other

Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards

Chartway Credit Union is pleased to announce it is a 2026 Top Workplaces Culture Excellence and Industry Award winner for ...
Strategic Partnerships

eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions

eDOC conducted a webinar webinar in partnership with Advanced Fraud Solutions (AFS), highlighting the powerful capabilities of the AFS TrueChecks® ...
Operations & HR

Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources

Corporate One Federal Credit Union announced that Jeff Blake will join the organization as Senior Vice President (SVP), Head of ...
Making A Difference

Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging

Pensacola, Florida (May 27, 2026) – In celebration of Older Americans Month, Gulf Winds made a $5,000 donation to the ...
Making A Difference

CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS

Credit Union of Colorado Foundation is proud to announce the 2026 winners of its annual college scholarship program. The Foundation ...
Investments

Chartway Credit Union Continues Growth with Two New Branches

Chartway Credit Union continues to build on its momentum of strategic growth and community investment with the upcoming grand openings ...

Baker Market Update – Week in Review: June 12, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.

Gulf Winds Welcomes Jennifer Perez as Vice President of Marketing

Gulf Winds Credit Union is excited to announce that Pensacola native Jennifer Perez has joined the senior leadership team as Vice President of Marketing. In ...

National Cooperative Bank Provides $4 Million Subordinated Debt Loan to OnPath Federal Credit Union

National Cooperative Bank provided a $4 million subordinated debt loan to OnPath Federal Credit Union to support strategic initiatives, including member growth, branch and field ...

Tower Federal Credit Union Welcomes Darena Merdzhanova as New Vice President of Compliance

Tower Federal Credit Union, one of Maryland’s largest credit unions, announces the hiring of Darena Merdzhanova, JD, MBA, CRCM as new Vice President of Compliance. ...

Indianapolis Star Names Indiana Members Credit Union a Winner of the Central Indiana Top Workplaces 2026 Award

Indiana Members Credit Union has been awarded a Top Workplaces 2026 honor by Indianapolis Star.

Baker Market Update – Week in Review: June 05, 2026

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
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