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.
Alloya Surpasses $150 Million in Capital Dividends, Waives an Additional $3 Million in Fees
As Alloya begins to celebrate its 15th year supporting credit union success, the Board of Directors has announced that the Perpetual Contributed Capital (PCC) dividend rate to members has been increased to 3.00% as of January 1, 2026, and total dividends have now exceeded $150 million. In addition, to thank members for their unwavering loyalty,
Hope Johnson
January 6, 2026
Alloya Corporate FCU Settles Multi-Issuer Auto Loan Securitization
Today marks the settlement of Alloya’s first multi-issuer auto loan asset-backed securitization (ABS), fully funded after being well oversubscribed by investors.
Sarah Kelly
July 22, 2025
Alloya Corporate FCU Facilitates Multi-Issuer Auto Loan Securitization
Alloya is excited to announce that it has completed the credit union network’s first ever multi-issuer prime auto loan asset backed securitization (ABS), working alongside three credit unions, Blaze (Minnesota), Consumers (Illinois) and Interra (Indiana). Further details are in the attached press release.
Sarah Kelly
July 10, 2025
Alloya Announces Change in Payments Leadership
FOR IMMEDIATE RELEASE Naperville, Ill. (July 3, 2025) – Alloya Corporate Federal Credit Union announced today that Jim Schneck has been named Senior Vice President of Payments. In this role, he will oversee Alloya’s Payments business. Schneck joined the corporate in 2018, overseeing the strategic planning process as Chief Strategy and Innovation Officer. He was
Sarah Kelly
July 3, 2025
Alloya Announces Fee Waiver for All Members
Alloya closed out 2024 by expressing heartfelt gratitude to its membership for its unwavering support and trust. The loyalty and partnership of Alloya’s members has been instrumental to the organization’s success. In recognition of this support, Alloya is pleased to announce that all fees for the month of November were waived for all members so
Sarah Kelly
January 10, 2025
Alloya’s Leadership Symposium Celebrates its Tenth Year in Nashville
Alloya Corporate Federal Credit Union proudly celebrated the tenth anniversary of its Credit Union Leadership Symposium in Nashville, Tennessee last week, with a record showing of 268 professionals representing 164 credit unions and 26 states.
Sarah Kelly
September 13, 2024
Alloya Announces Changes in Capital Markets and Investment Services
Tom Slefinger, Senior Vice President of Institutional Fixed Income Sales, is stepping down from a leadership role at Alloya Investment Services to transition into a new role as the corporate’s Market Strategist. Bill Paton, Vice President and Manager of Alloya’s Loan Participation and Subordinated Debt Programs, has been named Capital Markets Sales Director and will
Sarah Kelly
July 3, 2024
Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer
FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union
Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members
Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System
The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Credit union CDFI recertifications are beginning to be finalized
CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
eDOC Innovations Launches eDOC Chat Beta Program
eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Vizo Financial’s July 2026 Education Calendar
At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Birthday Benefit Bash hits a high note for North Bay youth music programs
The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies
Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
LAFCU promotes Steve Jorgensen to vice president of lending
LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Sound Credit Union Recognizes 2026 Scholarship Recipients
TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State
SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships
SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union
Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro
Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls
Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Baker Market Update – Week in Review: June 18, 2026
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
TDFCU Announces New CEO to Drive Its Vision Forward
Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins
Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined
LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...
Redwood Credit Union hosts free North Bay Shred‑a‑thons to fight fraud and support local nonprofits
Santa Rosa, Calif., June 17, 2026 — People wanting to protect themselves from fraud and identity theft should start with ...
BECU expands further into South Puget Sound with new locations in Tumwater and Lacey
SEATTLE (June 17, 2026) — BECU, Washington’s largest credit union, is adding new Neighborhood Financial Centers (NFCs) in Tumwater and ...
Chartway Ranked No. 1 Credit Union in Virginia by Forbes, Earns America’s Best-In-State Honor for Fifth Consecutive Year
Chartway Credit Union has been ranked the No. 1 credit union in Virginia and named to the Forbes list of ...
Clearview Federal Credit Union Expands Pittsburgh-Area Presence with Flagship Financial Center
Clearview Federal Credit Union announced plans to expand its Pittsburgh-area presence with a new flagship financial center in Green Tree, ...
UNITED NATIONS FEDERAL CREDIT UNION PUBLISHES 2025 IMPACT REPORT
NEW YORK, 15 June 2026 – The United Nations Federal Credit Union, UNFCU, announced the release of its 2025 Impact ...
Meriwest Credit Union Named a 2026 Best Place to Work for the Seventh Consecutive Year
Honored to be named a 2026 Best Place to Work by the San Francisco Business Times and Silicon Valley Business ...
Baker Market Update – Week in Review: June 12, 2026
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Gulf Winds Welcomes Jennifer Perez as Vice President of Marketing
Gulf Winds Credit Union is excited to announce that Pensacola native Jennifer Perez has joined the senior leadership team as ...
National Cooperative Bank Provides $4 Million Subordinated Debt Loan to OnPath Federal Credit Union
National Cooperative Bank provided a $4 million subordinated debt loan to OnPath Federal Credit Union to support strategic initiatives, including ...
Tower Federal Credit Union Welcomes Darena Merdzhanova as New Vice President of Compliance
Tower Federal Credit Union, one of Maryland’s largest credit unions, announces the hiring of Darena Merdzhanova, JD, MBA, CRCM as ...
Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer
FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief ...
Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union
Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members
Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility ...
NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System
The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of ...
Credit union CDFI recertifications are beginning to be finalized
CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community ...
eDOC Innovations Launches eDOC Chat Beta Program
eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a ...
Vizo Financial’s July 2026 Education Calendar
At Vizo Financial we are committed to providing quality education to credit unions and their staff, which is why we ...
Birthday Benefit Bash hits a high note for North Bay youth music programs
The fourth annual Birthday Benefit Bash, a community fundraiser that celebrates the birthdays of Brett Martinez, President and CEO of ...
Alogent and Solution Optimizers Partner to Help Financial Institutions Optimize and Scale ECM Strategies
Alogent announced a strategic partnership with Solution Optimizers, a professional services and consulting firm, to help banks and credit unions ...
LAFCU promotes Steve Jorgensen to vice president of lending
LANSING, Mich. — LAFCU has promoted Steve Jorgensen to vice president of lending, where he focuses on the credit union’s ...
Sound Credit Union Recognizes 2026 Scholarship Recipients
TACOMA, WA – Sound Credit Union (Sound) recently recognized its scholarship recipients for the 2026–2027 academic year. The financial institution ...
SchoolsFirst Federal Credit Union Announces Five-Year Partnership with the University Foundation at Sacramento State
SchoolsFirst Federal Credit Union has established a five-year partnership with the University Foundation on behalf of Sacramento State to support ...
SchoolsFirst Federal Credit Union Announces Winners of 2026 Member Education Award Scholarships
SchoolsFirst FCU has awarded more than $200,000 in college scholarships to 245 recipients as part of its 2026 Member Education ...
Historic Scale, Successful Outcome: Corelation Completes Largest Conversion in Company History with Mountain America Credit Union
Corelation, Inc. is proud to announce the successful conversion of Mountain America Credit Union to its KeyStone core processing platform. ...
Corporate Central Partners with Advanced Fraud Solutions to Deliver ACH Fraud Scanning Through Beastro
Corporate Central is pleased to announce it now offers ACH Fraud Scanning through a partnership with Advanced Fraud Solutions (AFS). ...
Quavo Fraud & Disputes Earns SOC 1® Report, Demonstrating Commitment to Financial Institution Controls
Wilmington, DE — June 23, 2026 — Quavo, Inc. (“Quavo”), the leading AI disputes technology partner and strategic advisor for ...
Baker Market Update – Week in Review: June 18, 2026
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
TDFCU Announces New CEO to Drive Its Vision Forward
Washington, D.C. – June 22, 2026 – The Treasury Department Federal Credit Union (TDFCU) Board of Directors is pleased to ...
Greater Texas|Aggieland Credit Union Sweeps Pinnacle Awards With Six Wins
Greater Texas|Aggieland Credit Union took home six prestigious Pinnacle Awards at the annual Cornerstone League marketing competition, demonstrating outstanding creative ...
One Fintech Opened More New Checking Accounts Last Year Than All U.S. Credit Unions Combined
LendKey announced the release of “How Credit Unions Can Steal SoFi’s Playbook: A Guide to Member Acquisition, Relationship Depth, and ...
Redwood Credit Union hosts free North Bay Shred‑a‑thons to fight fraud and support local nonprofits
Santa Rosa, Calif., June 17, 2026 — People wanting to protect themselves from fraud and identity theft should start with ...
BECU expands further into South Puget Sound with new locations in Tumwater and Lacey
SEATTLE (June 17, 2026) — BECU, Washington’s largest credit union, is adding new Neighborhood Financial Centers (NFCs) in Tumwater and ...
Chartway Ranked No. 1 Credit Union in Virginia by Forbes, Earns America’s Best-In-State Honor for Fifth Consecutive Year
Chartway Credit Union has been ranked the No. 1 credit union in Virginia and named to the Forbes list of ...
Clearview Federal Credit Union Expands Pittsburgh-Area Presence with Flagship Financial Center
Clearview Federal Credit Union announced plans to expand its Pittsburgh-area presence with a new flagship financial center in Green Tree, ...
UNITED NATIONS FEDERAL CREDIT UNION PUBLISHES 2025 IMPACT REPORT
NEW YORK, 15 June 2026 – The United Nations Federal Credit Union, UNFCU, announced the release of its 2025 Impact ...
Meriwest Credit Union Named a 2026 Best Place to Work for the Seventh Consecutive Year
Honored to be named a 2026 Best Place to Work by the San Francisco Business Times and Silicon Valley Business ...
Baker Market Update – Week in Review: June 12, 2026
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Gulf Winds Welcomes Jennifer Perez as Vice President of Marketing
Gulf Winds Credit Union is excited to announce that Pensacola native Jennifer Perez has joined the senior leadership team as ...
National Cooperative Bank Provides $4 Million Subordinated Debt Loan to OnPath Federal Credit Union
National Cooperative Bank provided a $4 million subordinated debt loan to OnPath Federal Credit Union to support strategic initiatives, including ...
Tower Federal Credit Union Welcomes Darena Merdzhanova as New Vice President of Compliance
Tower Federal Credit Union, one of Maryland’s largest credit unions, announces the hiring of Darena Merdzhanova, JD, MBA, CRCM as ...
Worth Credit Union Names Katie Turner-Carr Senior Vice President – Chief People Officer
FORT WORTH, Texas – Worth Credit Union is pleased to announce the appointment of Katie Turner-Carr as SVP – Chief People Officer. Turner-Carr joins Worth ...
Ken Gardner Promoted to Vice President of Human Resources at Greater Texas|Aggieland Credit Union
Greater Texas|Aggieland Credit Union has named Ken Gardner as its new Vice President of Human Resources.
Chartway Awards Directors’ Memorial Scholarships to 13 Student-Members
Chartway Credit Union is proud to announce the recipients of its 2026 Directors’ Memorial Scholarships. This year, Chartway expanded eligibility beyond traditional undergraduate and graduate ...
NASCUS Honors Janet Powell’s Distinguished Career and Service to the State Credit Union System
The National Association of State Credit Union Supervisors (NASCUS) recognizes and celebrates the remarkable career of Janet Powell, Chief of Regulation and Supervision—Credit Unions for ...
Credit union CDFI recertifications are beginning to be finalized
CU Strategic Planning helping over a quarter of CDFI credit unions recertify Credit unions can finally begin celebrating their Community Development Financial Institution (CDFI) Fund ...
eDOC Innovations Launches eDOC Chat Beta Program
eDOC Innovations announces the launch of the eDOC Chat Beta Program, providing credit unions with an opportunity to experience a new, secure communication solution designed ...