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.
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 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 row—and the recognition comes straight from employees. This year, 88% of employees said Tower is a great place to work, compared with 57% at the average U.S. company. A Culture Built Around Employees Tower’s President
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,
Tower Federal Credit Union and the Baltimore Orioles Announce New Bird Bath Sponsorship at Camden Yards
[Laurel, Maryland – April 15, 2026] The fan-favorite Bird Bath at Oriole Park at Camden Yards is set to make an even bigger splash this season with a new hometown partner. Tower Federal Credit Union is now the presenting sponsor of the Baltimore Orioles Bird Bath, bringing new energy, giveaways, and community impact to one
Tower Federal Credit Union Hosts Free Shred Day To Fight Fraud & Prevent Identity Theft
[April 14, 2026 – Laurel, MD] Tower Federal Credit Union hosted a free Shred Day on April 11, 2026, at its Laurel, Maryland branch, giving members and the community a secure way to dispose of sensitive documents and help prevent identity theft. The event drew a strong turnout, with more than 18,000 pounds of paper
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 Cassandra Compton as New Senior VP & Chief Experience Officer
Tower Federal Credit Union, one of the largest credit unions in Maryland, is pleased to announce the hiring of Cassandra Compton as new Senior Vice President and Chief Experience Officer (SVP/CXO). She brings to Tower over 30 years of leadership experience in the banking, mortgage, and financial services industry. As SVP/CXO, Compton oversees all aspects
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
41st Annual Tower Classic Golf Tournament Raises Over $68,000 for the Johns Hopkins Children’s Center
TowerCares Foundation today announced that the 41st annual Tower Classic Golf Tournament broke its own fundraising record, raising over $68,000 for the Johns Hopkins Children’s Center (JHCC) in Baltimore, Md. The tournament, held June 7 at Renditions Golf Club, has helped raise more than $1 million for the Children’s Center over the years. The 2024
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,
NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA
Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance
Coastal Credit Union Now Live with CashBack+ Credit Card Rewards
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
Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027
Baker Market Update – Week in Review: May 29, 2026
Vizo Financial’s June 2026 Education Calendar
LAFCU awards $20,000 in scholarships through annual essay contest
SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards
Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards
eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions
Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources
Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging
CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS
Chartway Credit Union Continues Growth with Two New Branches
Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game
Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!
Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions
CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation
BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™
Corporate Central Holds 45th Annual Meeting and Announces Board of Directors
Sharetec Appoints New Chief Revenue Officer to Drive Transformational Growth
Justice Federal Credit Union Announces Strong First Quarter 2026 Results and Continued Member Impact
Girl Scouts Visit Peach State Federal Credit Union’s Abbeville Branch to Earn Financial Literacy Badge
Tower Wealth Management Surpasses $1 Billion in Brokerage and Advisory Assets
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
CoVantage Credit Union Announces Appointment of Matt Kaudy as President and CEO
Chris Felton Receives One of the Credit Union Industry’s Highest Honors
$59 Billion State Employees’ Credit Union Signs with Corelation, Selecting the KeyStone Core to Enhance its Member Service Experience
NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA
Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance
Coastal Credit Union Now Live with CashBack+ Credit Card Rewards
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
Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027
Baker Market Update – Week in Review: May 29, 2026
Vizo Financial’s June 2026 Education Calendar
LAFCU awards $20,000 in scholarships through annual essay contest
SchoolsFirst FCU Partners with Classroom of the Future Foundation to Celebrate 23rd Annual Innovation in Education Awards
Chartway Wins Eight 2026 Top Workplaces Culture Excellence and Industry Awards
eDOC Innovations Hosts Successful Advanced Fraud Solutions TrueChecks Webinar Focused on Fraud Prevention for Financial Institutions
Corporate One Names Jeff Blake Senior Vice President, Head of Human Resources
Gulf Winds Celebrates Older Americans Month with $5,000 Donation to the Escambia County Alabama Area Agency on Aging
CREDIT UNION OF COLORADO FOUNDATION AWARDS $110,000 IN COLLEGE SCHOLARSHIPS
Chartway Credit Union Continues Growth with Two New Branches
Gulf Winds Foundation Awards up to $45,000 in Scholarships to Five Members
SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 1 Angels Game
Tower Federal Credit Union Earns Great Place to Work® Certification™ Eight Years in a Row!
Gulf Winds Credit Union Strengthens Senior Leadership Team with Executive Promotions
CUNA Strategic Services and Association of Vermont Credit Unions Launch Statewide Initiative to Drive Credit Union Growth, Combat Fraud, and Accelerate Innovation
BCU EARNS 2026-2027 GREAT PLACE TO WORK CERTIFICATION™
Corporate Central Holds 45th Annual Meeting and Announces Board of Directors
Sharetec Appoints New Chief Revenue Officer to Drive Transformational Growth
Justice Federal Credit Union Announces Strong First Quarter 2026 Results and Continued Member Impact
Girl Scouts Visit Peach State Federal Credit Union’s Abbeville Branch to Earn Financial Literacy Badge
Tower Wealth Management Surpasses $1 Billion in Brokerage and Advisory Assets
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
CoVantage Credit Union Announces Appointment of Matt Kaudy as President and CEO
Chris Felton Receives One of the Credit Union Industry’s Highest Honors
$59 Billion State Employees’ Credit Union Signs with Corelation, Selecting the KeyStone Core to Enhance its Member Service Experience
NASCUS Urges Regulatory Modernization and Greater Clarity for State-Chartered Credit Unions in Comments to NCUA
Coastal Credit Union Hires Allison Liston, VP of Legal and Compliance
Coastal Credit Union Now Live with CashBack+ Credit Card Rewards
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
Illinois Credit Union League Applauds Passage of Legislation Extending Implementation of the Interchange Fee Prohibition Act to July 1, 2027
Baker Market Update – Week in Review: May 29, 2026