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

Baker Market Update: May 28, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210528-lunch-with-lester/

Cirrus Adds Treasury Services Capabilities to Its Document Management Solution Suite

Cirrus announces the addition of treasury workflow tools to its solutions suite.

Frontwave Credit Union Bolsters Consumer Lending, Real Estate Teams

Frontwave is pleased to announce the appointment of 3 new leaders to its Consumer Lending and Real Estate teams.

Indiana Members Credit Union Completes Merger of Members Choice Federal Credit Union

Indiana Members Credit Union completed its merger of Members Choice Federal Credit Union of Bloomington, Indiana effective June 1, 2021.

cuBIZloan.com Partners with Lendio

cuBIZloan.com, LLC is excited to announce a new partnership with Lendio, America’s leading business loan marketplace.

Students vie for a $5,000 scholarship via Zoom

COVID-19 didn’t stop TruMark Financial® Credit Union from hosting its annual Financial Jeopardy competition and awarding scholarships to graduating seniors. Although the competition didn’t have ...

CU Pride Announces LGBTQ+ Leadership Conference, 2nd Annual Virtual CU Pride Event

CU Pride, the LGBTQ+ association for the credit union industry, announces its first CU Pride Leadership Conference in June, Pride Month.

Golden 1 Credit Union Members Donate Record Amount During Big Day of Giving

Golden 1 Credit Union members donated a record $815,000 to help nonprofits across the Sacramento region during the annual Big Day of Giving.

Vantage Credit Union Announces Quest For Education Scholarship Recipients

Vantage Credit Union proudly congratulates ten local high school seniors selected to receive a 2021 Quest For Education Scholarship (QFE).

United Federal Credit Union Marks Autism Acceptance Month with Donation to the LOGAN Center

United Federal Credit Union donated $795 to the LOGAN Center as a result of its “Color for a Cause” contest.

LenderClose Hires Industry Veteran to Lead Engineering, Expands Tech Team

LenderClose hired industry veteran Felix Dominguez to continue the expansion of its engineering division and has added 7 additional tech team members.

Peach State FCU C.A.R.E.S. Foundation Pledges $60,000 to the Walton County YMCA Initiative

The Peach State FCU C.A.R.E.S. Foundation announced a $60,000 pledge to the newly founded Walton County YMCA over the next 5 years.

GCS EMPLOYEES DONATE $855 TO GRANITE CITY ALUMNI ASSOCIATION

With the support for their staff, GCS Credit Union proudly raised $855 for Granite City Alumni Association.

Affinity Plus and United Way Revitalize Born Learning Trail

Affinity Plus Federal Credit Union is pleased to announce its partnership with United Way of Olmsted County for the revitalization of Rochester’s Born Learning Trail.

CASE Named Outstanding Credit Union of the Year

CASE Credit Union was named an Outstanding Credit Union of the Year by the Michigan Credit Union League (MCUL).

New Wright-Patt Credit Union Member Center in Piqua Now Open

Wright-Patt Credit Union (WPCU) officially opened the doors of its new Piqua Member Center at 1284 E. Ash Street on Monday, May 24.

Indiana Members Credit Union Contributes $505 to Hendricks Regional Health Foundation

Indiana Members Credit Union presented a check for $505 to Hendricks Regional Health Foundation as part of an ongoing debit card giveback program.

LenderClose Grows Team 20% in Q1 2021, Aims to Double by Year End

LenderClose onboarded 10 new team members during the first quarter of 2021, with the company’s recent Series B capital raise of $10 million.

Vantage Awards $6,500 to Credit Cardholders in Winter Promotion

Vantage Credit Union announced the winners from the 2020/2021 Winter Credit Card Drawing.

The Servion Group’s CEO, Brad Crandall, Named Newest Board Member of the National Association of Credit Union Service Organizations (NACUSO)

The Servion Group is pleased to announce that president and CEO Brad Crandall has been elected to serve on the board of directors for NACUSO.

PSCU Announces New Executive Committee for Board of Directors

PSCU has appointed a new executive committee for its board of directors for the 2021 fiscal year.

UMassFive Helps Award $2,000 Scholarship

UMassFive is excited to announce that high school senior Aiko Lozar was awarded a $2,000 scholarship on behalf of the Credit Union.

CuneXus Signs 18 New Financial Institutions Representing More Than $30.3 Billion in Assets and 1.9 Million Consumers

CuneXus added 18 financial institutions representing $30.3 billion in assets and 1.9 million consumers to its Perpetual Loan Application platform.

TopLine Credit Union Members and Employees Donate Clothing and Shoes

TopLine’s first ever clothing and shoe drive benefits local and global organizations

Chief Financial Credit Union breaks ground on a new financial campus in former US Scuba Diving Center building

Chief Financial Credit Union breaks ground for new financial campus.

Alaska USA Foundation donates $92,500 to local nonprofits in Alaska and Arizona

The Alaska USA Foundation donated $92,500 to organizations that uplift military members, veterans and children in communities it serves.

NASCUS NEWS Comment Letters Issued: Asset Thresholds and Central Liquidity Facility

NASCUS submitted two comment letters to the NCUA on proposed changes to the Interim Final Rules on Asset Thresholds and Central Liquidity Facility.

University Federal Credit Union Partners with Credit Union Student Choice to Offer Members Suite of Student Lending Solutions

Student Choice announced that it has partnered with University FCU to offer its members innovative student lending solutions.
Personnel Promotions

United Federal Credit Union Names Brook Sweeting Branch Manager at Carson City North Branch

United Federal Credit Union has named Brook Sweeting to the position of Branch Manager at its Carson City North branch.

Maine Credit Unions’ Campaign for Ending Hunger to Launch $100,000 Challenge

Maine Credit Unions’ Campaign for Ending Hunger is launching a 30-day, $100,000 fundraising challenge beginning June 1.

Baker Market Update: May 28, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210528-lunch-with-lester/

Cirrus Adds Treasury Services Capabilities to Its Document Management Solution Suite

Cirrus announces the addition of treasury workflow tools to its solutions suite.

Frontwave Credit Union Bolsters Consumer Lending, Real Estate Teams

Frontwave is pleased to announce the appointment of 3 new leaders to its Consumer Lending and Real Estate teams.

Indiana Members Credit Union Completes Merger of Members Choice Federal Credit Union

Indiana Members Credit Union completed its merger of Members Choice Federal Credit Union of Bloomington, Indiana effective June 1, 2021.

cuBIZloan.com Partners with Lendio

cuBIZloan.com, LLC is excited to announce a new partnership with Lendio, America’s leading business loan marketplace.

Students vie for a $5,000 scholarship via Zoom

COVID-19 didn’t stop TruMark Financial® Credit Union from hosting its annual Financial Jeopardy competition and awarding scholarships to graduating seniors. Although the competition didn’t have ...

CU Pride Announces LGBTQ+ Leadership Conference, 2nd Annual Virtual CU Pride Event

CU Pride, the LGBTQ+ association for the credit union industry, announces its first CU Pride Leadership Conference in June, Pride Month.

Golden 1 Credit Union Members Donate Record Amount During Big Day of Giving

Golden 1 Credit Union members donated a record $815,000 to help nonprofits across the Sacramento region during the annual Big Day of Giving.

Vantage Credit Union Announces Quest For Education Scholarship Recipients

Vantage Credit Union proudly congratulates ten local high school seniors selected to receive a 2021 Quest For Education Scholarship (QFE).

United Federal Credit Union Marks Autism Acceptance Month with Donation to the LOGAN Center

United Federal Credit Union donated $795 to the LOGAN Center as a result of its “Color for a Cause” contest.

LenderClose Hires Industry Veteran to Lead Engineering, Expands Tech Team

LenderClose hired industry veteran Felix Dominguez to continue the expansion of its engineering division and has added 7 additional tech team members.

Peach State FCU C.A.R.E.S. Foundation Pledges $60,000 to the Walton County YMCA Initiative

The Peach State FCU C.A.R.E.S. Foundation announced a $60,000 pledge to the newly founded Walton County YMCA over the next 5 years.

GCS EMPLOYEES DONATE $855 TO GRANITE CITY ALUMNI ASSOCIATION

With the support for their staff, GCS Credit Union proudly raised $855 for Granite City Alumni Association.

Affinity Plus and United Way Revitalize Born Learning Trail

Affinity Plus Federal Credit Union is pleased to announce its partnership with United Way of Olmsted County for the revitalization of Rochester’s Born Learning Trail.

CASE Named Outstanding Credit Union of the Year

CASE Credit Union was named an Outstanding Credit Union of the Year by the Michigan Credit Union League (MCUL).

New Wright-Patt Credit Union Member Center in Piqua Now Open

Wright-Patt Credit Union (WPCU) officially opened the doors of its new Piqua Member Center at 1284 E. Ash Street on Monday, May 24.

Indiana Members Credit Union Contributes $505 to Hendricks Regional Health Foundation

Indiana Members Credit Union presented a check for $505 to Hendricks Regional Health Foundation as part of an ongoing debit card giveback program.

LenderClose Grows Team 20% in Q1 2021, Aims to Double by Year End

LenderClose onboarded 10 new team members during the first quarter of 2021, with the company’s recent Series B capital raise of $10 million.

Vantage Awards $6,500 to Credit Cardholders in Winter Promotion

Vantage Credit Union announced the winners from the 2020/2021 Winter Credit Card Drawing.

The Servion Group’s CEO, Brad Crandall, Named Newest Board Member of the National Association of Credit Union Service Organizations (NACUSO)

The Servion Group is pleased to announce that president and CEO Brad Crandall has been elected to serve on the board of directors for NACUSO.

PSCU Announces New Executive Committee for Board of Directors

PSCU has appointed a new executive committee for its board of directors for the 2021 fiscal year.

UMassFive Helps Award $2,000 Scholarship

UMassFive is excited to announce that high school senior Aiko Lozar was awarded a $2,000 scholarship on behalf of the Credit Union.

CuneXus Signs 18 New Financial Institutions Representing More Than $30.3 Billion in Assets and 1.9 Million Consumers

CuneXus added 18 financial institutions representing $30.3 billion in assets and 1.9 million consumers to its Perpetual Loan Application platform.

TopLine Credit Union Members and Employees Donate Clothing and Shoes

TopLine’s first ever clothing and shoe drive benefits local and global organizations

Chief Financial Credit Union breaks ground on a new financial campus in former US Scuba Diving Center building

Chief Financial Credit Union breaks ground for new financial campus.

Alaska USA Foundation donates $92,500 to local nonprofits in Alaska and Arizona

The Alaska USA Foundation donated $92,500 to organizations that uplift military members, veterans and children in communities it serves.

NASCUS NEWS Comment Letters Issued: Asset Thresholds and Central Liquidity Facility

NASCUS submitted two comment letters to the NCUA on proposed changes to the Interim Final Rules on Asset Thresholds and Central Liquidity Facility.

University Federal Credit Union Partners with Credit Union Student Choice to Offer Members Suite of Student Lending Solutions

Student Choice announced that it has partnered with University FCU to offer its members innovative student lending solutions.
Personnel Promotions

United Federal Credit Union Names Brook Sweeting Branch Manager at Carson City North Branch

United Federal Credit Union has named Brook Sweeting to the position of Branch Manager at its Carson City North branch.

Maine Credit Unions’ Campaign for Ending Hunger to Launch $100,000 Challenge

Maine Credit Unions’ Campaign for Ending Hunger is launching a 30-day, $100,000 fundraising challenge beginning June 1.

OCCU announces second auto-loan securitization sale

Eugene, Oregon – OCCU (Oregon Community Credit Union) has issued its second auto asset-backed securities sale this month, the first credit union to do so ...

Christy Soukhamneut Joins UFCU as Chief Lending Officer

UFCU announced today that Christy Soukhamneut has joined the credit union as Chief Lending Officer.

Coastal Credit Union Renews Partnership with CUSO Financial Services

$4.8 Billion Coastal Credit Union Touts Experience and Personalized Service for Renewal with CUSO Financial Services.

Redwood Credit Union named healthiest credit union in California, sixth in nation

Glatt HealthScore highlights RCU as a top performer in financial strength and growth

Arkatechture Joins the Jack Henry Vendor Integration Program

Arkatechture joins the Jack Henry Vendor Integration Program (VIP)

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 ...
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