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

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 America’s 250th anniversary. Through the campaign, Tower and the TowerCares Foundation will invest $250,000 in local charities that support military servicemembers, Veterans, and children in need. Members Help Direct $50,000 in Donations As part of

Tower Wealth Management Surpasses $1 Billion in Brokerage and Advisory Assets

Tower Wealth Management, the financial and investment services group located at Tower Federal Credit Union, announced today that it has surpassed a significant milestone—overseeing more than $1 billion in client assets. Tower Wealth Management brokerage and advisory assets grew from just under $580 million in 2020 to over $948 million as of the end of

Tower Federal Credit Union Wins Two Prestigious Diamond Awards Honoring Marketing Excellence

Tower Federal Credit Union (Tower) has been named a multiple award winner in the prestigious 2026 Diamond Awards, presented by America’s Credit Unions. The annual national competition recognizes the most effective and innovative campaigns across the credit union industry. Diamond Award: Social Media – Tower’s Instagram Tower earned a Diamond Award for its Instagram strategy,

TowerCares Foundation Surpasses $4 Million in Donations, Grants and Scholarships to Support Military Heroes and Children in Need

[Laurel, Md.- December 5, 2025] The holidays got a little brighter recently for Neighbor Ride, a charity based in Howard County, Md., that provides rides for elderly Veterans in need through a reliable network of volunteers, many of whom are also Veterans. Neighbor Ride received a special $10,000 donation from the TowerCares Foundation, the philanthropic

TowerCares Foundation Donates $70,000 to Local Food Banks to Help Marylanders Impacted by the Government Shutdown

To help local food banks meet the increased demand brought on by the federal government shutdown, the TowerCares Foundation has donated $70,000 to six local-area food banks and pantries. The Anne Arundel, Capital Area, Howard County, and Maryland Food Banks each received a $15,000 donation from the TowerCares Foundation, the philanthropic arm of Tower Federal

TowerCares Foundation Awards $200,000 in College Scholarships to Support Future STEM Leaders

Recent high school graduate Sarah Voigt will enter her freshman year at Villanova University this fall with an extra $5,000 towards her education, thanks to the TowerCares Foundation. Voigt plans to major in Medicine and pursue her dream of becoming a doctor. “I’m incredibly honored and grateful for the support the TowerCares scholarship award provides

Tower Federal Credit Union Welcomes Brad Giese as New Vice President/Information Security Officer

Tower Federal Credit Union, one of the largest credit unions in Maryland, is pleased to announce the hiring of Brad Giese as new Vice President/Information Security Officer. Giese brings to Tower over 25 years of experience leading high-impact cybersecurity programs across federal, defense, and financial sectors. As VP/ISO, Giese will be responsible for advancing Tower’s

Tower Federal Credit Union Earns Great Place to Work® Certification—Seven Years in a Row!

For the seventh consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). This year, 85% of employees said Tower is a great place to work—compared to 57% of employees at a typical U.S.-based company.1 Rick Stafford, Tower’s President and CEO, credits Tower’s

42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center—Bringing Total Donated to Helping Children in Need to Over $1.1 Million

Hosted by the TowerCares Foundation, Tower Classic raised the highest amount in the event’s 42-year history, with all proceeds going to help critically ill children receiving care at Johns Hopkins Children’s Center in Baltimore, Maryland. Over the years, the annual golf tournament has raised over $1.1 million to help local children in need. ———— Emerson

TowerCares Foundation Makes $300,000 Commitment to Maryland’s UMBC Cybersecurity Institute

New three-year partnership between the TowerCares Foundation, the philanthropic arm of Tower Federal Credit Union, and the UMBC Cybersecurity Institute will help support the Maryland region and educate and train the next generation of cybersecurity leaders and professionals. Cyber threats, ransomware, and data breaches have become daily realities in our increasingly digital world. However, despite

TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need

Dogs are known for their ability to provide emotional support, reduce stress, encourage physical activity, and foster social connections, which makes them invaluable in helping disabled Veterans through programs like Hero Dogs. Located in Brookeville, Maryland, Hero Dogs trains and provides service companion dogs for active military, Veterans, and first responders in the Washington, D.C.

Tower Federal Credit Union’s Brand Refresh Wins Four Awards from the Marketing Association of Credit Unions (MAC), Brings Award Count for Rebrand Campaign to Seven

Tower Federal Credit Union proudly announced today wins in four award categories from the Marketing Association of Credit Unions (MAC) for its successful brand refresh campaign. Tower won Gold for Logo Redesign, Silver for Rebrand, and Bronze for both Complete Campaign (Rebrand) and Website Redesign. The MAC awards bring Tower’s brand refresh “medal” count for

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

Tower Federal Credit Union Welcomes Susan Ralston as New Chief Operating Officer

Tower Federal Credit Union, one of the largest credit unions in Maryland, is pleased to announce the hiring of Susan Ralston as new Chief Operating Officer (COO). Ralston brings to Tower over 30 years of leadership experience in the banking and financial industry, and as COO, will oversee Tower’s Deposit Operations, Debit Card Operations, Fraud,

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 ...
Making A Difference

Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members

Pensacola, Florida (May 26, 2026) – The Gulf Winds Foundation is proud to announce that it recently awarded up to ...
Other

SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, sponsored ...
Operations & HR

Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!

Tower Federal Credit Union is proud to be Certified™ by Great Place to Work® for the eighth year in a ...
Personnel Promotions

Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions

Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions Pensacola, Florida (May 20, 2025) – As part of ...
Strategic Partnerships

CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation

CUNA Strategic Services (CSS) and the Association of Vermont Credit Unions (League) Services Corporation today announced a collaborative, statewide initiative ...
Operations & HR

BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™

BCU is proud to be Certified™ by Great Place To Work®. The prestigious award is based entirely on what current ...
Other

Corporate Central Holds 45th Annual Meeting and Announces Board of Directors

Corporate Central brought together credit union leaders for its 45th annual meeting on Thursday, May 14, at the Monona Terrace ...
Personnel Promotions

Sharetec Appoints New Chief Revenue Officer to Drive Transformational Growth

Sharetec, an innovative digital banking and core processing software company serving credit unions, has appointed Gary Napotnik as Chief Revenue ...
Operations & HR

Justice Federal Credit Union Announces Strong First Quarter 2026 Results and Continued Member Impact

As many American households continue to face inflation, rising energy costs, and economic uncertainty, Justice Federal Credit Union (Justice Federal) ...
Making A Difference

Girl Scouts Visit Peach State Federal Credit Union’s Abbeville Branch to Earn Financial Literacy Badge

Peach State Federal Credit Union recently welcomed a local Girl Scout troop to its Abbeville Branch for a hands-on financial ...
Investments

Tower Wealth Management Surpasses $1 Billion in Brokerage and Advisory Assets

Tower Wealth Management, the financial and investment services group located at Tower Federal Credit Union, announced today that it has ...
Other

Barbara Brooks, Teacher at Shriners Children’s Hospital in partnership with the Sacramento City Unified School District, Named 2025/2026 ABC10’s Teacher of the Year

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, in ...
Personnel Promotions

CoVantage Credit Union Announces Appointment of Matt Kaudy as President and CEO

CoVantage Credit Union today announced that, following a nationwide search, Matt Kaudy has been appointed President and Chief Executive Officer, ...
Making A Difference

Chris Felton Receives One of the Credit Union Industry’s Highest Honors

Corporate Central is proud to announce that Chris Felton, President/CEO, has been named a 2026 Credit Union House Hall of ...
Technology

$59 Billion State Employees’ Credit Union Signs with Corelation, Selecting the KeyStone Core to Enhance its Member Service Experience

State Employees’ Credit Union (SECU) has signed with credit union core processor Corelation, Inc., announcing plans to convert to the ...
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 ...
Making A Difference

Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members

Pensacola, Florida (May 26, 2026) – The Gulf Winds Foundation is proud to announce that it recently awarded up to ...
Other

SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, sponsored ...
Operations & HR

Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!

Tower Federal Credit Union is proud to be Certified™ by Great Place to Work® for the eighth year in a ...
Personnel Promotions

Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions

Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions Pensacola, Florida (May 20, 2025) – As part of ...
Strategic Partnerships

CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation

CUNA Strategic Services (CSS) and the Association of Vermont Credit Unions (League) Services Corporation today announced a collaborative, statewide initiative ...
Operations & HR

BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™

BCU is proud to be Certified™ by Great Place To Work®. The prestigious award is based entirely on what current ...
Other

Corporate Central Holds 45th Annual Meeting and Announces Board of Directors

Corporate Central brought together credit union leaders for its 45th annual meeting on Thursday, May 14, at the Monona Terrace ...
Personnel Promotions

Sharetec Appoints New Chief Revenue Officer to Drive Transformational Growth

Sharetec, an innovative digital banking and core processing software company serving credit unions, has appointed Gary Napotnik as Chief Revenue ...
Operations & HR

Justice Federal Credit Union Announces Strong First Quarter 2026 Results and Continued Member Impact

As many American households continue to face inflation, rising energy costs, and economic uncertainty, Justice Federal Credit Union (Justice Federal) ...
Making A Difference

Girl Scouts Visit Peach State Federal Credit Union’s Abbeville Branch to Earn Financial Literacy Badge

Peach State Federal Credit Union recently welcomed a local Girl Scout troop to its Abbeville Branch for a hands-on financial ...
Investments

Tower Wealth Management Surpasses $1 Billion in Brokerage and Advisory Assets

Tower Wealth Management, the financial and investment services group located at Tower Federal Credit Union, announced today that it has ...
Other

Barbara Brooks, Teacher at Shriners Children’s Hospital in partnership with the Sacramento City Unified School District, Named 2025/2026 ABC10’s Teacher of the Year

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, in ...
Personnel Promotions

CoVantage Credit Union Announces Appointment of Matt Kaudy as President and CEO

CoVantage Credit Union today announced that, following a nationwide search, Matt Kaudy has been appointed President and Chief Executive Officer, ...
Making A Difference

Chris Felton Receives One of the Credit Union Industry’s Highest Honors

Corporate Central is proud to announce that Chris Felton, President/CEO, has been named a 2026 Credit Union House Hall of ...
Technology

$59 Billion State Employees’ Credit Union Signs with Corelation, Selecting the KeyStone Core to Enhance its Member Service Experience

State Employees’ Credit Union (SECU) has signed with credit union core processor Corelation, Inc., announcing plans to convert to the ...

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) in response to the agency’s ...

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 development and execution of Coastal’s ...

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 with credit card rewards inside ...

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 America’s 250th anniversary. Through the ...

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 (IFPA) from July 1, 2026, ...

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 developments.
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