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

SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards

A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with awards totaling $640,000. The Foundation’s Mission Development Grant Program, which began seven years ago, has been filling unmet financial needs for North Carolina non-profits seeking to strengthen their long-term growth

SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina. The Foundation’s grant will help fund a capital campaign project to meet the current and future needs of their residential programs.

SECU Foundation Awards $2 Million Grant to Help Good Shepherd Center Fight Homelessness

SECU Foundation has announced its award of a $2 million challenge grant to Good Shepherd Center (GSC) in Wilmington, demonstrating its ongoing commitment to improving the lives of North Carolinians. GSC, the largest provider of homeless services in the Cape Fear region, will use the funds for the construction of a new 32-unit permanent supportive

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects. The Foundation’s advocacy for their valuable work brought a $250,000 challenge grant to directly support the development of programs to build coastal resiliency, reduce vulnerability to

American Banker Names SECU’s Leigh Brady Among Its 2023 Most Powerful Women in Credit Unions

American Banker announced today the naming of Leigh Brady, State Employees’ Credit Union (SECU) president and CEO, to its annual list of the “Most Powerful Women in Credit Unions.” This initiative shines a spotlight on the brightest, most forward-thinking individuals in the credit union industry and expands American Banker’s recognition programs to celebrate the women

SECU’s Annual Statewide Toy Drive is Now Underway

State Employees’ Credit Union (SECU) is excited to announce that its second annual statewide Toy Drive is officially underway. All 275 branches throughout the state will again serve as drop-off sites for the drive to help spread joy and the excitement of the season to local children and families.

SECU Foundation Launches New Disaster Response Pilot to Assist North Carolina Non-Profits

SECU Foundation is pleased to announce the pilot of a new Disaster Response Program to address capacity building for North Carolina non-profits located in disaster areas as declared by federal or state governments. The pilot began with $55,000 grants for Haywood Pathways Center and Mountain Projects to help with recovery from the social and economic

SECU Foundation Provides $560,000 to Help 14 Non-Profits Build Organizational Capacity

SECU Foundation continues its efforts to build community sustainability through a new round of capacity building grants recently awarded to 14 non-profits through its Mission Development Grant (MDG) program. Grant recipients will each begin their two-year journey to strengthen their organization with $40,000 in funding and an experienced consultant to help meet future goals and

SAFEchild Awarded $500,000 Grant from SECU Foundation for New Child Advocacy and Resource Center

Wake County non-profit SAFEchild was recently awarded a $500,000 grant from SECU Foundation to help expand its programs through the construction of a new child advocacy and resource center. SAFEchild, which stands for Stop Abuse For Every child, offers a comprehensive range of child abuse prevention, intervention, and support programs to families at no cost.

SECU Receives National Recognition for Financial Education Efforts Benefiting North Carolina Youth

State Employees’ Credit Union (SECU) was recently recognized by the Credit Union Financial Education Network (CUFEN) for its financial education efforts benefiting North Carolina youth. SECU took home top honors for the most students reached (58,936) and third place for the highest number of student presentations (875) from July 2022 through June 2023. SECU received

SECU Foundation Surpasses Quarter of a Billion Dollars in Funding for North Carolina Non-Profits

SECU Foundation has marked a significant milestone, surpassing a quarter of a billion dollars in cumulative funding since its establishment in 2004. At the close of its fiscal year in June, SECU Foundation’s commitment to North Carolina non-profits tallied more than $258 million for grants and financing in support of education, housing, healthcare, and human

SECU Foundation Awards Charlotte Rescue Mission $500,000 Grant for new Rebound for Men Facility

SECU Foundation recently awarded Charlotte Rescue Mission (CRM) a $500,000 challenge grant to support a capital campaign for a new Rebound for Men residential recovery facility. The Foundation’s gift will help the nonprofit expand its impact for men battling homelessness and addiction and raise greater community awareness for the initiative. Foundation funds come from the

Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative

Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a supportive housing complex and community center for the homeless in New Hanover County. The completed complex will consist of 31 fully furnished tiny homes located within a gated community. Residents will have access to supportive

SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants

Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was part of the Foundation’s Mission Development Grant (MDG) program, providing each non-profit with $40,000 and an approved consultant to help address organizational needs for future business goals and sustainability.

SECU Foundation Grant Helps New Hanover County Non-Profit Open Doors to New Shelter

SECU Foundation recently announced its support for Domestic Violence Shelter & Services, Inc. (DVSS), providing $450,000 in funding to complete the non-profit’s capital campaign to open a newly built shelter in New Hanover County. DVSS is the only agency in the county that provides emergency shelter and support services to individuals impacted by domestic violence.

SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students

State Employees’ Credit Union (SECU) announced today its support for the 2023 Governor’s School Supply Drive to help teachers and students get the items they need for the upcoming school year. In its fifth year to provide collection sites for the event, SECU is accepting donations across its statewide network of 275 branches now through

SECU Foundation Awards Teach for America with $250,000 Grant

A new round of grants recently approved by the SECU Foundation Board of Directors began with funding for a Reinvest in Student Excellence (RISE) Fellowship pilot with the North Carolina chapter of Teach for America (TFA NC).

SECU Helps Send 185 Youth Members to Summer Camps through Scholarship Program

State Employees’ Credit Union (SECU) recently completed its second annual Summer Camp Awards campaign, sending 185 of its FAT CAT® and Zard® youth members off to their favorite camp with a $500 scholarship each to help cover expenses.

North Carolina State Employees’ Credit Union Board of Directors Names New CEO

State Employees’ Credit Union (SECU) Board of Directors announced today that Leigh Brady has been named CEO. The appointment follows the resignation of Jim Hayes, who is leaving SECU to become CEO of State Department Federal Credit Union in Alexandria, Virginia. Brady is the Credit Union’s first female CEO.

$1.5 Million Grant from SECU Foundation Aids Campus Expansion of Tammy Lynn Center

A $1.5 million grant from SECU Foundation has helped the Tammy Lynn Memorial Foundation move forward with a multi-phase campus expansion of the Tammy Lynn Center (TLC), its Wake County hub for statewide operations. TLC provides diverse on-site and community-based programs for children and adults with intellectual and developmental disabilities, including medical, residential, therapy, education,

$750,000 SECU Foundation Grant Helps Surry Medical Ministries Expand and Open New Healthcare Clinic

SECU Foundation’s support of $750,000 for Surry Medical Ministries’ (SMM) newly expanded clinic, the SECU Health Resource Center, is good news for residents in Northwest North Carolina with little or no access to primary healthcare. The opening of the Center’s fully equipped medical office, inclusive of an ambulatory surgical center, will enable the non-profit to

SECU Foundation Provides Choanoke Area Development Association $40,000 Grant for Affordable Housing

A $40,000 grant from SECU Foundation will help the Choanoke Area Development Association (CADA) expand its capacity to address affordable housing needs in Northampton, Bertie, Halifax, Hertford, and Martin counties. CADA supports the work of local governments in the region to develop quality affordable housing for low-income households, helping qualifying residents achieve self-sufficiency and a

N.C. Zoological Society Awarded $2 Million Gift from SECU Foundation for Asia Habitat Addition

The world’s largest natural habitat zoological park, the North Carolina Zoo, will soon undergo an expansion and the addition of a new Asia habitat complex with the help of a $2 million gift from the member-funded SECU Foundation. The announcement was made yesterday in Asheboro to highlight the Foundation’s gift to the North Carolina Zoological

State Employees’ Credit Union CEO Jim Hayes Named to Business North Carolina’s Power List

Business North Carolina recently named State Employees’ Credit Union (SECU) CEO Jim Hayes to the publication’s Power List 2023, an annual selection of North Carolina’s most influential private sector leaders. Hayes was featured among the top individuals in the finance and insurance industry in North Carolina.

State Employees’ Credit Union Welcomes Visiting Delegation from Africa

State Employees’ Credit Union (SECU) recently hosted a delegation of credit union professionals from Africa to share insight into the cooperative’s structure and operations and its charitable arm, SECU Foundation. The visiting delegates were part of the North Carolina African Confederation of Co-operative Savings and Credit Associations (ACCOSCA) international Learn and Share Tour sponsored by

SECU Kicks Off Financial Literacy Month with CUNA Mutual Group and Charlotte-Mecklenburg Schools

North Carolina Governor Roy Cooper has once again proclaimed April as Financial Literacy Month. State Employees’ Credit Union (SECU) kicked off its efforts by teaming up with CUNA Mutual Group and Charlotte-Mecklenburg County Schools to host a multi-school SECU Reality of Money® event for students at three local high schools. The financial education event provided

SECU Brings Back Popular Document Shred Day Events for Residents around the State

State Employees’ Credit Union (SECU) announces the return of its Shred Day program that offers members and non-members a free service to dispose of sensitive documents that are no longer needed. In conjunction with Shred-it, a leader in secure document management services, 2023 Shred Day events are being scheduled at numerous SECU branch sites across

Technology

PSCU/Co-op Solutions’ Integration with Amazon One Enables Pay-by-Palm for Cardholders

PSCU/Co-op Solutions announced the addition of Amazon One to its suite of digital wallet integrations for client card issuers.
Other

45 Credit Unions Show Care for Employees by Partnering with CUSO’s I-Care Health Plan

InterLutions, an employee benefits CUSO, recently welcomed 45 credit unions to its “I-Care Family.” The innovative health plan solution, called ...
Strategic Partnerships

Callahan & Associates and CU Strategic Planning Announce Strategic Alliance

Callahan & Associates and CU Strategic Planning proudly announce their strategic alliance, driven by a shared vision to empower credit ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 19, 2024

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

Christus Santa Rosa CEO Makes First Pitch for Texas State Baseball and Women’s Health

CHRISTUS Santa Rosa Health System has been making a pitch locally to raise funds for advanced equipment to help Central ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Production Manager in Arkansas

United Federal Credit Union (United) is pleased to announce the appointment of Jason Hedden to Mortgage Production Manager. Hedden is ...
Making A Difference

Jason McPhee Honored with Texas A&M Charles W. Plum Award

The Texas A&M Memorial Student Center Council (MSC) honored Greater Texas|Aggieland Credit Union’s Jason McPhee with the Charles W. Plum ...
Operations & HR

Truliant Is First N.C. Financial Institution to Earn Family Forward N.C. Certification

WINSTON-SALEM, N.C. (April 18, 2024) – Truliant Federal Credit Union recently became North Carolina’s first financial institution to become a ...
Making A Difference

Indiana Members Credit Union Announces 2024 Cancer Awareness Card Beneficiary

Indiana Members Credit Union is pleased to announce the Caroline Symmes Children’s Cancer Endowment as the new member-nominated beneficiary for ...
Other

Shine the Spotlight on Industry Heroes: Nominations Open for 2024 CUES Awards!

Nominations and applications are open for the 2024 CUES Awards & Recognition program now through May 3.
Making A Difference

SafeAmerica Credit Union Announces Their 2024 College Scholarship Winners

For over 30 years SafeAmerica has been an advocate for higher education and has awarded $1,000 scholarships to college or ...
Operations & HR

Listerhill Credit Union Announces Grand Opening of Spring Hill, Tennessee Branch

Listerhill Credit Union is proud to announce the opening of our newest branch in Spring Hill, Tennessee on April 16, ...
Operations & HR

Decade Of Employee Commitment: GTE Financial Recognized As Tampa Bay Times Top Workplace For 10th Consecutive Year

GTE Financial, one of Tampa Bay’s most prominent and locally owned credit unions, is proud to announce they have been ...
Personnel Promotions

Gulf Winds Credit Union Welcomes Melissa Plack as Vice President of Commercial Lending

Gulf Winds Credit Union is pleased to announce the selection of Melissa Plack as its Vice President of Commercial Lending.
Strategic Partnerships

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. New Q1 partners ...
Marketing

Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition

Universal 1 Credit Union (U1) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This ...
Personnel Promotions

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, ...
Strategic Partnerships

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech ...
Making A Difference

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit ...
Personnel Promotions

United Federal Credit Union Names Zach Thompson Branch Manager in Buchanan

United Federal Credit Union (United) has named Zach Thompson as Branch Manager at its branch at 808 E Front St. ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 05, 2024

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

Redwood Credit Welcomes New Vice President of Insurance Services

Redwood Credit Union has hired Forest de Jong as Vice President of insurance services.
Operations & HR

GreenState Credit Union earns National Workplace Honor

GreenState Credit Union was recently honored as the #16 Top Workplace in the Nation, according to USA Today.
Other

Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge

Justice Federal Credit Union and Law Enforcement & Technology Federal Credit Union are excited to announce their intent to merge ...
Lending

Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award

Day Air Credit Union is delighted to receive the 2023 Economic Vehicle Accessibility Award from Open Lending, a leader in ...
Strategic Partnerships

Corporate Central Announces Strategic Investment in Curql Fund II

Corporate Central is proud to announce it has made a strategic investment in Curql Fund II, an innovative investment fund ...
Personnel Promotions

SDFCU Appoints Jonathan Hernandez as New Chief Lending Officer

State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending ...
Marketing

Greater Texas|Aggieland Credit Union Earned Three Diamond Awards Amid Record-Breaking Competition

Greater Texas|Aggieland Credit Union received the prestigious honor of three Diamond Awards from the America’s Credit Unions Marketing & Business ...
Technology

PSCU/Co-op Solutions’ Integration with Amazon One Enables Pay-by-Palm for Cardholders

PSCU/Co-op Solutions announced the addition of Amazon One to its suite of digital wallet integrations for client card issuers.
Other

45 Credit Unions Show Care for Employees by Partnering with CUSO’s I-Care Health Plan

InterLutions, an employee benefits CUSO, recently welcomed 45 credit unions to its “I-Care Family.” The innovative health plan solution, called ...
Strategic Partnerships

Callahan & Associates and CU Strategic Planning Announce Strategic Alliance

Callahan & Associates and CU Strategic Planning proudly announce their strategic alliance, driven by a shared vision to empower credit ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 19, 2024

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

Christus Santa Rosa CEO Makes First Pitch for Texas State Baseball and Women’s Health

CHRISTUS Santa Rosa Health System has been making a pitch locally to raise funds for advanced equipment to help Central ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Production Manager in Arkansas

United Federal Credit Union (United) is pleased to announce the appointment of Jason Hedden to Mortgage Production Manager. Hedden is ...
Making A Difference

Jason McPhee Honored with Texas A&M Charles W. Plum Award

The Texas A&M Memorial Student Center Council (MSC) honored Greater Texas|Aggieland Credit Union’s Jason McPhee with the Charles W. Plum ...
Operations & HR

Truliant Is First N.C. Financial Institution to Earn Family Forward N.C. Certification

WINSTON-SALEM, N.C. (April 18, 2024) – Truliant Federal Credit Union recently became North Carolina’s first financial institution to become a ...
Making A Difference

Indiana Members Credit Union Announces 2024 Cancer Awareness Card Beneficiary

Indiana Members Credit Union is pleased to announce the Caroline Symmes Children’s Cancer Endowment as the new member-nominated beneficiary for ...
Other

Shine the Spotlight on Industry Heroes: Nominations Open for 2024 CUES Awards!

Nominations and applications are open for the 2024 CUES Awards & Recognition program now through May 3.
Making A Difference

SafeAmerica Credit Union Announces Their 2024 College Scholarship Winners

For over 30 years SafeAmerica has been an advocate for higher education and has awarded $1,000 scholarships to college or ...
Operations & HR

Listerhill Credit Union Announces Grand Opening of Spring Hill, Tennessee Branch

Listerhill Credit Union is proud to announce the opening of our newest branch in Spring Hill, Tennessee on April 16, ...
Operations & HR

Decade Of Employee Commitment: GTE Financial Recognized As Tampa Bay Times Top Workplace For 10th Consecutive Year

GTE Financial, one of Tampa Bay’s most prominent and locally owned credit unions, is proud to announce they have been ...
Personnel Promotions

Gulf Winds Credit Union Welcomes Melissa Plack as Vice President of Commercial Lending

Gulf Winds Credit Union is pleased to announce the selection of Melissa Plack as its Vice President of Commercial Lending.
Strategic Partnerships

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. New Q1 partners ...
Marketing

Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition

Universal 1 Credit Union (U1) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This ...
Personnel Promotions

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, ...
Strategic Partnerships

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech ...
Making A Difference

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit ...
Personnel Promotions

United Federal Credit Union Names Zach Thompson Branch Manager in Buchanan

United Federal Credit Union (United) has named Zach Thompson as Branch Manager at its branch at 808 E Front St. ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 05, 2024

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

Redwood Credit Welcomes New Vice President of Insurance Services

Redwood Credit Union has hired Forest de Jong as Vice President of insurance services.
Operations & HR

GreenState Credit Union earns National Workplace Honor

GreenState Credit Union was recently honored as the #16 Top Workplace in the Nation, according to USA Today.
Other

Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge

Justice Federal Credit Union and Law Enforcement & Technology Federal Credit Union are excited to announce their intent to merge ...
Lending

Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award

Day Air Credit Union is delighted to receive the 2023 Economic Vehicle Accessibility Award from Open Lending, a leader in ...
Strategic Partnerships

Corporate Central Announces Strategic Investment in Curql Fund II

Corporate Central is proud to announce it has made a strategic investment in Curql Fund II, an innovative investment fund ...
Personnel Promotions

SDFCU Appoints Jonathan Hernandez as New Chief Lending Officer

State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending ...
Marketing

Greater Texas|Aggieland Credit Union Earned Three Diamond Awards Amid Record-Breaking Competition

Greater Texas|Aggieland Credit Union received the prestigious honor of three Diamond Awards from the America’s Credit Unions Marketing & Business ...

PSCU/Co-op Solutions’ Integration with Amazon One Enables Pay-by-Palm for Cardholders

PSCU/Co-op Solutions announced the addition of Amazon One to its suite of digital wallet integrations for client card issuers.

45 Credit Unions Show Care for Employees by Partnering with CUSO’s I-Care Health Plan

InterLutions, an employee benefits CUSO, recently welcomed 45 credit unions to its “I-Care Family.” The innovative health plan solution, called I-Care, leverages data, technology, and ...

Callahan & Associates and CU Strategic Planning Announce Strategic Alliance

Callahan & Associates and CU Strategic Planning proudly announce their strategic alliance, driven by a shared vision to empower credit unions to make a meaningful ...

Baker Market Update – Week in Review: April 19, 2024

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

Christus Santa Rosa CEO Makes First Pitch for Texas State Baseball and Women’s Health

CHRISTUS Santa Rosa Health System has been making a pitch locally to raise funds for advanced equipment to help Central Texas women. At the April ...

United Federal Credit Union Names New Mortgage Production Manager in Arkansas

United Federal Credit Union (United) is pleased to announce the appointment of Jason Hedden to Mortgage Production Manager. Hedden is based at United’s Promenade branch ...
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