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.
Maine Highlands Federal Credit Union Renews Partnership with Synergent
Synergent® is delighted to announce Maine Highlands Federal Credit Union has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing. Maine Highlands Federal Credit Union has also signed five-year extensions for Opening Act™, Integrated Debit Card Services, iPay Consumer Bill Pay, Mobile Deposit Capture, and numerous additional services.
Baker Market Update – Week in Review: February 14, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Eltropy Advances Digital Lending for Credit Unions and Community Banks through its Partnership with MeridianLink
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced its 100th customer integration with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies. This milestone highlights the growing adoption of embedded communications in online account opening and digital lending. This achievement spans
United Federal Credit Union Promotes Lisa Hansen to Branch Manager in South Bend
United Federal Credit Union (United) is pleased to announce Lisa Hansen has been promoted to Branch Manager in Indiana. Hansen is now leading the team at the 223 W. Ireland Rd. location in South Bend.
Coastal Credit Union Earns Four Awards from Carolinas Credit Union Foundation
Coastal Credit Union has earned four awards from the Carolinas Credit Union Foundation’s statewide awards program, recognizing remarkable and innovative efforts to support communities, provide financial education, and implement the credit union philosophy in daily operations. The awards honor three credit union pioneers who made a lasting impact on the worldwide credit union movement.
Royal Credit Union Selects Alogent’s Unify Platform to Streamline Back-Office Processing and Enhance Operational Efficiency
Royal Credit Union has selected Alogent’s Unify platform. The solution will support both Day 1 and Day 2 processing at the credit union, streamlining workflows and enhancing operational efficiency. This collaboration and integration will enhance Royal Credit Union’s operations and help it stay ahead of market trends, while delivering new features to members with continued
SchoolsFirst FCU Sponsors Bite of Reality® Financial Education Events for Students at California Schools
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that its team members volunteered to help 6,112 students from California schools at 87 Bite of Reality® events during 2024, supporting the successful financial education program created by the Richard Myles Johnson Foundation and
United Federal Credit Union Names New Mortgage Advisor in Rogers, AR
United Federal Credit Union (United) is pleased to announce the appointment of Rhonda Wright to Mortgage Advisor in Rogers, Arkansas. Wright is based at United’s branch at 2000 S. Promenade Blvd.
Cetera Financial Institution Welcomes Mainstreet Credit Union
Cetera Financial Group, a premier financial advisor wealth hub, announced that Mainstreet Credit Union has entered into a networking agreement with Cetera Financial Institutions to advance the delivery of its member-focused investment program, Mainstreet Retirement and Investment Center. Mainstreet Credit Union was originally established as the Northeast Johnson County Teachers’ Credit Union in 1953, founded
Santa Isabel Chooses Sharetec for its Comprehensive Core System
Sharetec, a leader in core processing and digital banking technology for credit unions, announced today that Cooperativa de Ahorro y Crédito de Santa Isabel, “CACSI” signed on as a Sharetec partner at the end of 2024.
EECU’s Newest Branch Has Wheels, Will Travel
EECU’s Mobile Branch delivers banking services directly to the community by traveling to areas without a financial institution nearby, making it easier for people to manage their finances and get assistance to do so.
Maine Credit Unions Reach New Milestone Raising $1.3 Million to End Hunger
At a special ceremony hosted by the Maine Credit Union League, the Maine Credit Unions’ Campaign for Ending Hunger announced that it raised $1,303,706.40 in food and monetary donations in 2024.
Newsweek Names Redwood Credit Union One of “America’s Best” Credit Unions
Redwood Credit Union has again been recognized by Newsweek as one of America’s Best Regional Banks and Credit Unions 2025.
Baker Market Update – Week in Review: February 07, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Fibre Federal Credit Union Reduces HR Response Time by 95% Using Eltropy’s AI-Powered Texting Platform
Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), announced today that Fibre Federal Credit Union has achieved a 95% reduction in HR response times by implementing Eltropy’s secure texting solution for employee communications. The credit union, which serves members across Washington and Oregon, has reduced its processing time for employee sick
Blue Federal Credit Union donates over $150,000 to Children’s Hospital Colorado
Blue Federal Credit Union is proud to announce a remarkable milestone in its ongoing commitment to community impact: over $150,000 has been donated to Children’s Hospital Colorado in the past five years. In 2024 alone, over $45,000 was contributed to support the hospital’s mission of providing exceptional pediatric care. These donations are made possible through
World’s 1st cloud-native, AI-powered, digital-era LOS
NEW YORK–(BUSINESS WIRE)–Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration brings transformative enhancements to credit unions and financial institutions by integrating Plaid’s consumer-permissioned data with
EECU Brings Innovative Financial Education to High School Campus
More than 500 high school seniors recently participated in an interactive workshop specifically created by Educational Employees Credit Union (EECU) to help prepare them to make financial decisions in the real world. During the Wise Up event at Clovis West High School on Jan. 31, EECU staff and student financial service representatives from the unique,
Coastal Wealth Management Advisors Earn Awards for Outstanding Performance
Coastal Wealth Management, available through CFS*, is the recipient of five Pacesetter Awards, presented by CUSO Financial Services, L.P. This is the 11th consecutive year that Coastal Wealth Management has earned recognition, and the first time it has earned five awards.
SchoolsFirst FCU Celebrates 2024 Year of Giving to Children’s Miracle Network Hospitals
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that it contributed more than $298,000 in 2024 – through a combination of corporate donations and fundraising – to support Children’s Miracle Network Hospitals (CMNH) member hospitals in California, including Children’s Hospital of Orange
African-American Credit Union Coalition (AACUC) Awards Scholarship for Humanedge Executive Leadership Program
February 06, 2025 — The African American Credit Union Coalition (AACUC) is pleased to announce the launch of its new scholarship to support executive leadership development for professionals within the credit union industry. This scholarship will enable one outstanding executive annually to attend Humanedge, a transformative leadership development experience for C-Suite Leaders. The first recipient
LoneTree, TruStage™ Ventures announce investment into data analytics firm Arkatechture
PORTLAND, Maine — Arkatechture, provider of Arkalytics, a data and analytics platform for credit unions and community banks, today announced a strategic growth investment from LoneTree Capital, a New York-based growth capital firm, and TruStage Ventures, the venture capital arm of TruStage, an insurance, investments, and technology provider. The investment can help Arkatechture’s ability to
United Federal Credit Union to Offer Down Payment Assistance to Mortgage Borrowers in agreement with the Arkansas Development Finance Authority
To support borrowers in reaching their homeownership goals, United Federal Credit Union (United) has partnered with the Arkansas Development Finance Authority (ADFA) to offer mortgage assistance for qualified applicants. The ADFA Down Payment Assistance Program (DPA) can provide up to $15,000 for down payment and closing cost assistance. ADFA’s Down Payment Assistance (DPA) Loan is
USSFCU Welcomes Don DiMatteo as Chief Lending Officer
The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Don DiMatteo as its new Chief Lending Officer (CLO). With over 35 years of experience in lending and financial services, DiMatteo brings a wealth of leadership, expertise, and a deep passion for member-focused lending solutions. DiMatteo’s career spans 17.5 years
CUNA Strategic Services Aligns With Wipfli to Provide Access to Top C-Suite Talent and Streamline Loan Reviews
CUNA Strategic Services is excited to announce their new alliance with Wipfli, a top 25 advisory and accounting firm delivering holistic solutions to help clients navigate the modern marketplace, optimize performance and drive growth.
Chartway Announces Promotions of Dana Brock, Kelsey Jones and Jace White
Chartway Credit Union is proud to announce the promotions of Dana Brock to vice president of credit operations & services, Kelsey Jones to vice president of business intelligence, and Jace White to senior vice president of talent engagement.
GTE Financial Celebrates 90 Years of Service in the Tampa Bay Community
Locally owned and operated credit union, GTE Financial is thrilled to celebrate 90 years of servicing the financial needs of its local residents, businesses and helping empower the Tampa Bay community.
Cumberland County FCU Announces New Hire and Multiple Promotions
Falmouth, ME (February 2025) – Cumberland County FCU (CCFCU) is pleased to announce the following team addition and employee promotions. Bethany Smith has been hired as the Vice President of Accounting; Amy Sithavady has been promoted to Vice President of HR and Compliance; Kimberly Parker has been promoted to Vice President of Service Center Operations;
Unitus Community Credit Union Announces Partnership with The Wetlands Conservancy
Unitus Community Credit Union is proud to announce a new partnership with The Wetlands Conservancy to support the preservation and care of our invaluable wetlands ecosystems. This partnership underscores the credit union’s dedication to environmental sustainability and community impact.
Eltropy to demonstrate practical applications of generative AI for credit unions at GAC 2025
Eltropy to Feature AI-Powered Unified Conversations Platform at Governmental Affairs Conference 2025 Eltropy to demonstrate practical applications of generative AI for community financial institutions at the leading credit union advocacy event SANTA CLARA, Calif. — January 31, 2025 — Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), will present its latest
Synergent Names Tyler Hudson as President
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
EECU Wins in Three Categories of 2025 Best of Central California Awards
Velera Promotes Mark L. Robnett to Director of its Board
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
NASCUS Opens Nominations for 2025 Pierre Jay Award
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
Baker Market Update – Week in Review: June 06, 2025
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
Baker Market Update – Week in Review: May 30, 2025
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Synergent Names Tyler Hudson as President
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
EECU Wins in Three Categories of 2025 Best of Central California Awards
Velera Promotes Mark L. Robnett to Director of its Board
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
The Impact of Credit Union Mergers on Debt Recovery and Member Engagement
Cutting Costs Without Cutting Corners – Unlocking Operational Efficiency Through First-Party Technology Solutions
BECU expands in Pierce County with new location coming to Lakewood, Washington
TriUnity Foundation Awards $95,000 in Grants
EECU Hosts Member Appreciation Days at 22 Branch Locations
Baker Market Update – Week in Review: June 13, 2025
Sean Cervantes and Lisa Sprague join LAFCU’s business development team
ORIGENCE AND ALLOY PARTNER TO DELIVER BEST-IN-CLASS FRAUD PROTECTION FOR CREDIT UNIONS
Cloudvirga honored with PROGRESS in Lending’s 2025 Connections Award
TEACHERS FEDERAL CREDIT UNION RAISES MORE THAN $924,000 FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
NASCUS Opens Nominations for 2025 Pierre Jay Award
One Credit Union Extends Long-Standing Core Processing Relationship with Synergent
EECU Sponsors Latinx Graduation Celebration Honoring Fresno Students
Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico Receives NASCUS Accreditation
Baker Market Update – Week in Review: June 06, 2025
Westerly Community Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships
SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide
Quavo Fraud & Disputes Named “Best Dispute Management & Resolution Solution” by Fintech Futures
Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts
Coastal Credit Union Hires Karen DeSalvo as VP, Marketing
Prizeout Unveils CashBack+ Pay: A New Way For Credit Union Members To Pay And Earn Cashback
Baker Market Update – Week in Review: May 30, 2025
Corporate One Federal Credit Union Celebrates Milestone: 100 Go-Lives on Immediate Payment Rails
Synergent Names Tyler Hudson as President
Alogent Supports Lead Bank’s Drive for Innovation with Unify Platform
Justice Federal Credit Union Strengthens Its Commitment to the Justice, Law Enforcement, and Public Safety Community
EECU Wins in Three Categories of 2025 Best of Central California Awards
Velera Promotes Mark L. Robnett to Director of its Board
SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes
