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

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.

PSCU and Together Credit Union Partner to Provide Members with Credit and Debit Card Processing Support

PSCU is thrilled to announce Together Credit Union has joined the cooperative for full-service credit and debit card processing support and services.

MAP Partners with Glia to Strengthen Digital Member Service for Credit Unions

Glia announced today Members Access Processing (MAP) has partnered with them to strengthen Digital Member Service for credit unions clients.

Cornerstone Resources Partners with Invo Solutions

Cornerstone Resources partnered with Invo Solutions to provide mobile banking solutions to credit unions.

United Federal Credit Union Welcomes Four to New Leadership Roles

United Federal Credit Union has announced the promotion of four employees to leadership roles following the recent acquisition of Edgewater Bank.

GNC Community Federal Credit Union Joins cuBIZloan.com

cuBIZloan.com is excited to welcome GNC Community Federal Credit Union to cuBIZloan’s member business and commercial loan referral program.
Marketing

COCC Featured During CCUA Marketplace Monday

Sue Salecky, Chief Marketing Officer at COCC, was featured in a spotlight session during the CCUA Marketplace Mondays in May.

Baker Market Update: May 24, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210524-latte-with-lester/

Community 1st Credit Union Chooses Scienaptic For Quicker, Sharper AI-Powered Credit Decisioning

Scienaptic AI announced Community 1st Credit Union has selected its AI-powered platform to enhance credit decisioning and underwriting capabilities.

Adilet Momunaliev Joins Corporate Central Team as Software Engineer

Corporate Central is proud to announce and welcome Adilet Momunaliev as its newest Software Engineer.

Affinity Plus Supports Novel “Plunge” Approach; Raises $120K for Special Olympics Minnesota in 2021

Affinity Plus Federal Credit Union is proud to announce that the company and its employees directly raised more than $40,000 for this year’s Polar Plu

South Florida Based Credit Union is Moving Headquarters – BrightStar Opening First Corporate Building in Cooper City, FL

BrightStar Credit Union will be relocating its headquarters to Cooper City, Fl, making it the first corporate building to be built in Cooper City.

Affinity Plus Welcomes John Carlson to Board of Directors

Affinity Plus Federal Credit Union is proud to announce that John Carlson joined its 2021 Board of Directors, effective for its recent April Board Meeting.

Affinity Plus Supports Novel “Plunge” Approach; Raises $120K for Special Olympics Minnesota in 2021

Affinity Plus Federal Credit Union is proud to announce that the company and its employees directly raised more than $40,000 for the Polar Plunge.

Baker Market Update: May 21, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210521-lunch-with-lester/

Together Credit Union’s Direct Financial Benefits to Members Exceeds State & National Averages

CUNA presented Together Credit Union with a Certificate of Excellence for providing $26,277,089 in direct financial benefits.

United Federal Credit Union Recognized for Community Commitment by United Way of Southwest Michigan

United Federal Credit Union has received the 2020 Whirlpool Community Commitment Award from the United Way of Southwest Michigan.

DEI Grows Its Client Base Nationally With Two Landmark Branch Building Projects

DEI announced two major new client projects that will further grow its national client footprint, BrightStar Credit Union and Pillar Credit Union.

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.

PSCU and Together Credit Union Partner to Provide Members with Credit and Debit Card Processing Support

PSCU is thrilled to announce Together Credit Union has joined the cooperative for full-service credit and debit card processing support and services.

MAP Partners with Glia to Strengthen Digital Member Service for Credit Unions

Glia announced today Members Access Processing (MAP) has partnered with them to strengthen Digital Member Service for credit unions clients.

Cornerstone Resources Partners with Invo Solutions

Cornerstone Resources partnered with Invo Solutions to provide mobile banking solutions to credit unions.

United Federal Credit Union Welcomes Four to New Leadership Roles

United Federal Credit Union has announced the promotion of four employees to leadership roles following the recent acquisition of Edgewater Bank.

GNC Community Federal Credit Union Joins cuBIZloan.com

cuBIZloan.com is excited to welcome GNC Community Federal Credit Union to cuBIZloan’s member business and commercial loan referral program.
Marketing

COCC Featured During CCUA Marketplace Monday

Sue Salecky, Chief Marketing Officer at COCC, was featured in a spotlight session during the CCUA Marketplace Mondays in May.

Baker Market Update: May 24, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210524-latte-with-lester/

Community 1st Credit Union Chooses Scienaptic For Quicker, Sharper AI-Powered Credit Decisioning

Scienaptic AI announced Community 1st Credit Union has selected its AI-powered platform to enhance credit decisioning and underwriting capabilities.

Adilet Momunaliev Joins Corporate Central Team as Software Engineer

Corporate Central is proud to announce and welcome Adilet Momunaliev as its newest Software Engineer.

Affinity Plus Supports Novel “Plunge” Approach; Raises $120K for Special Olympics Minnesota in 2021

Affinity Plus Federal Credit Union is proud to announce that the company and its employees directly raised more than $40,000 for this year’s Polar Plu

South Florida Based Credit Union is Moving Headquarters – BrightStar Opening First Corporate Building in Cooper City, FL

BrightStar Credit Union will be relocating its headquarters to Cooper City, Fl, making it the first corporate building to be built in Cooper City.

Affinity Plus Welcomes John Carlson to Board of Directors

Affinity Plus Federal Credit Union is proud to announce that John Carlson joined its 2021 Board of Directors, effective for its recent April Board Meeting.

Affinity Plus Supports Novel “Plunge” Approach; Raises $120K for Special Olympics Minnesota in 2021

Affinity Plus Federal Credit Union is proud to announce that the company and its employees directly raised more than $40,000 for the Polar Plunge.

Baker Market Update: May 21, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210521-lunch-with-lester/

Together Credit Union’s Direct Financial Benefits to Members Exceeds State & National Averages

CUNA presented Together Credit Union with a Certificate of Excellence for providing $26,277,089 in direct financial benefits.

United Federal Credit Union Recognized for Community Commitment by United Way of Southwest Michigan

United Federal Credit Union has received the 2020 Whirlpool Community Commitment Award from the United Way of Southwest Michigan.

DEI Grows Its Client Base Nationally With Two Landmark Branch Building Projects

DEI announced two major new client projects that will further grow its national client footprint, BrightStar Credit Union and Pillar Credit Union.

Indiana Members Credit Union Contributes $1,500 to North Central High School

Indiana Members Credit Union presented a check for $1,500 to North Central High School as part of an ongoing school spirit debit card program.

TruPartner Credit Union Embarks on a Remarkable Community Service Project by Donating 35 Bikes to Hays Porter Elementary School

TruPartner Credit Union is excited to announce its latest community service initiative to foster teamwork and give back to the community. In a heartwarming gesture, ...

Coastal Credit Union Foundation Awards 11 New Grants to Local Nonprofits

The Coastal Credit Union Foundation announced today that it has awarded $230,300 to 11 nonprofits in North Carolina. The Foundation prioritizes funding projects in four ...

‘The Financial Lives of Californians,’ a New Research Study from Gallup and SchoolsFirst FCU, Explores Residents’ Financial Wellbeing and Relationships with Money and Financial Institutions

When it comes to managing money, California residents appear more confident about their current situations than they do about their futures. Respondents to a study ...

CUES Set to Honor Award Winners, Hall of Fame Inductees and International CU Day

CUES is set to celebrate its members and honor its award winners and CUES Hall of Fame inductees during the CUES Member Appreciation & Awards ...

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union was proud to partner with the Dayton Dragons to present College Prep Night to local high school students and their families. ...
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