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 Board Member Peter Rosskothen
UMassFive recently announced the addition of Peter Rosskothen to its Board of Directors. A seasoned business professional, Rosskothen brings over 35 years of business experience to UMassFive. Peter first became involved with the Credit Union through utilizing its business banking products and services five years ago.
UMassFive Announce Management Promotions
UMassFive is excited to announce three recent management promotions. Brittany Ward has been promoted to Senior Branch Manager of the UMassFive’s Hadley and UMass Amherst branches. Eurika Boulay has been promoted to Senior Branch Manager of UMassFive’s Northampton and Northampton VA Medical Center branches. Jamie Paradee has expanded her role as Digital and Payment Services
UMassFive Announces January – April 2025 Financial Wellness Webinars
UMassFive is always looking for opportunities to educate their members and the local community on financial related-subjects. For more than a decade, UMassFive has offered free financial wellness workshops, where you can gain insight into specific financial topics ranging from paying down debt to home buying, and much more.
UMassFive Awards Local Business with $10,000 UMass Athletics Advertising Package in Small Business Spotlight Contest
UMassFive is thrilled to announce Sexton Roofing & Siding as the grand prize winner of its inaugural Small Business Spotlight contest. Driven by community nomination, the contest winner was formally announced at the final UMass football home game of the season at McGuirk Alumni Stadium on November 30, which was also Small Business Saturday.
UMassFive Donates Hundreds of Winter Coats and Clothing Items
UMassFive is proud to share that their members, staff, and community partners have donated hundreds of winter coats and clothing items to Amherst Survival Center, the Gray House in Springfield, and Net of Compassion in Worcester.
Students Practice Real-World Financial Skills at Reality Fair Hosted by UMassFive and the MassHire Franklin Hampshire Workforce Board
UMassFive College Federal Credit Union and MassHire Franklin Hampshire Workforce Board (MFHWB) recently partnered to hold a Reality Fair for the Turners Falls High School junior class.
UMassFive Celebrates International Credit Union Day and 50,000-Member Milestone
UMassFive is excited to join credit unions worldwide in celebrating International Credit Union Day®, an annual event that commemorates the achievements and global impact of the credit union movement.
UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive
UMassFive is running a winter coat and cold-weather clothing drive in its Hadley, Northampton, UMass Amherst, Springfield, and Worcester branches throughout October.
UMassFive Donates Thousands of Personal Care Items to Local Survival Centers
UMassFive College Federal Credit Union is thrilled to announce the success of its personal care items drive, which was held during the summer in its Hadley, Northampton, and Springfield branches. The drive collected thousands of personal care items, which were donated to three local organizations: Amherst Survival Center, Northampton Survival Center, and The Gray House
UMassFive Voted ‘Best Credit Union’ and More in Local Reader Polls
UMassFive is once again proud to be honored with the title of Best Credit Union in The Valley Advocate’s annual reader voting poll—extending their streak in the number one position to 18 years in a row. The Credit Union was also favored in multiple categories in this year’s Daily Hampshire Gazette’s “Reader’s Choice” poll, where
UMassFive Helps Award $4,000 in Scholarships
Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Clarice Borges and Miguel Pinero-Jacome, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Massachusetts Pioneer Valley Chapter of Credit Unions. Applicants receive scholarships based on academic achievements, community involvement, and a
UMassFive Introduces New Human Resources Manager
UMassFive College Federal Credit Union (UMassFive) is excited to announce Hilary Barnard in her new role as Human Resources Manager.
Local Credit Unions Announce Record-Setting Commitment to Solar Financing
As local leaders in renewable energy financing, Franklin First Federal Credit Union (Franklin First) and UMassFive College Federal Credit Union (UMassFive) are thrilled to announce unprecedented success in solar lending volume in 2023. Reflecting upon a record-setting year for both credit unions, during which Franklin First financed 86 installations totaling $2,746,489, and UMassFive financed 1,272
UMassFive Announces Scholarship Opportunities
UMassFive is proud to announce the Pioneer Valley Chapter of the Massachusetts Cooperative Credit Union Association’s (CCUA) Scholarship Program is accepting applicants for eight $2,000 scholarships to be awarded in 2024.
UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive
UMassFive is running a winter coat and cold-weather clothing drive in its Hadley, Northampton, UMass Amherst, and Springfield branches throughout December.
UMassFive Employees Raise Over $18,000 for Local Non-Profits
Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is proud to announce that its employees have raised over $18,000 for two local non-profits during the fall of 2023. $13,677 was raised in support of the UMass Cancer Center via participation in the UMass Cancer Walk and Run, and $4,800 was raised for the Food
UMassFive Recognized for Outstanding Performance in Investment Services
UMassFive and their team of CUSO Financial Services (CFS)* Financial Advisors have been recognized with the Gold Keystone Award in the medium-sized financial institution category for 2022.
UMassFive Receives Dora Maxwell Social Responsibility Community Service Award
UMassFive has received the first place Dora Maxwell Social Responsibility Community Service Award for 2023 in the state of Massachusetts. This annual award is given out by the Cooperative Credit Union Association (CCUA) and the Credit Union National Association (CUNA) to honor a credit union for its social responsibility projects within the community.
UMassFive Introduces New Rewards Program for Checking Accounts
UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking accounts with the launch of cash back via uChoose® rewards. *UMassFive has been voted “Best Credit Union” in the Valley Advocate Reader Poll for seventeen consecutive years, including most recently in the 2023 edition.
UMassFive Aids Local Farmers with Flood Relief Donations
Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is proud to announce its recent donation of $2,500 to aid local farms impacted by the recent severe flooding in Western Massachusetts. The donations, made directly to the farms, have provided essential support to farmers who have all faced significant challenges due to the devastating floods,
UMassFive Helps Award $4,000 in Scholarships
UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Firas Hashmi, and Jack Wagner, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Pioneer Valley Chapter of Credit Unions.
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
Vizo Financial’s June 2025 Education Calendar
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank
Credit Unions Challenge Broken Student Loan System with Revolutionary Line of Credit Approach
Corelation Hosts 14th Annual Client Conference, Commemorating 15 Years of Service & Innovation
Cloudvirga enhances lending efficiency with Encompass Docs Solution integration
OE Federal Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
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
Vizo Financial’s June 2025 Education Calendar
Alogent’s Unify Earns 2025 PayTech Awards Finalist Spot for “Best Consumer Payments System for Banks & FIs”
Maine Credit Union League and Synergent Announce Board of Directors
Baker Market Update – Week in Review: May 23, 2025
Midcoast Federal Credit Union Renews Core Processing Relationship with Synergent
Altra Federal Credit Union Selects Alogent’s Unify Platform to Power Next-Gen Deposit Automation Operations
Corporate Central Celebrates Kevin Chiappetta’s Reelection as Presidents Council Representative for CFA Institute
Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank
Credit Unions Challenge Broken Student Loan System with Revolutionary Line of Credit Approach
Corelation Hosts 14th Annual Client Conference, Commemorating 15 Years of Service & Innovation
Cloudvirga enhances lending efficiency with Encompass Docs Solution integration
OE Federal Credit Union Adds CU Student Choice’s Student Loan Refinance Solution
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
