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

Jax Federal Credit Union Awarded Designation of Savings Excellence by National Savings Program

Jax Federal Credit Union has earned the annual America Saves Designation of Savings Excellence award.

Greetings from Your UMassFive Hadley, Northampton, and Contact Center Managers

UMassFive is enthused to introduce the newest leaders of our Hadley and Northampton Branches, and Contact Center.

IMM Marks Its 25th Anniversary in Financial Services

IMM Marks Its 25th Anniversary in Financial Services

NASCUS NEWS Comment Letters Issued: CAMELS Changes and Risk-Based Capital

NASCUS has submitted two comment letters to the National Credit Union Administration (NCUA) regarding proposed changes to the CAMELS Rating System and the proposed rulemaking ...

First Financial Credit Union Announces Election Results for Board of Directors

First Financial CU is please to announce Shirley Burkhardt and James Dilday were re-elected to serve another 3-year term on the Board of Directors.

3 More Credit Unions Sign with Bankjoy to Provide Best-in-Class Digital Experience for Members

These credit unions are now poised to hit the ground running with Bankjoy's most advanced online, mobile, and voice banking technologies.

First Close Announced for $150 Million Venture Capital Fund ‘Curql’

Curql Fund I announced its first fundraising close on April 6, 2021, reaching an initial fundraising goal in excess of $70M.

People’s Trust Federal Credit Union Launches Enrich Financial Wellness Platform to its 30,000 Members

People’s Trust Federal Credit Union has partnered with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its 30,000 ...

$150 Million Venture Capital Fund ‘Curql’ Announces Open Access to Credit Union Investors

Curql Collective (curql.com) is announcing the availability of investment opportunities in the group’s flagship – Curql Fund I.

CSPI Partners with Adlumin for Compliance and Security Automation

Computer Service Professionals, Inc. announces a new partnership with the leading compliance and security automation platform in Finance, Adlumin.

NASCUS President and CEO Lucy Ito Announces Retirement

The National Association of State Credit Union Supervisors (NASCUS) President and CEO Lucy Ito is announcing her plan to retire at the end of 2021.

Compliance Systems Introduces Industry’s Mobile First Online Account Opening Documentation

The solution streamlines documents and hosts unique content such as embedded videos and tutorials to help FI’s build relationships that consumer and commercial deposit customers ...

FORUM Credit Union Places 9th on Indiana’s Best Places to Work List

FORUM Credit Union recently placed ninth among large companies for the Indiana Chamber of Commerce’s 2021 Best Places to Work. This marks the tenth consecutive ...

Healing Transitions Receives Grant from SECU Foundation to Expand Women’s Campus

A local non-profit seeking to raise campaign funds for the renovation and much-needed expansion of campus facilities in Raleigh has received a grant.

Baker Market Update: May 10, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210510-latte-with-lester/

Golden 1 Credit Union to Match Donations up to $50,000 on Big Day of Giving

Golden 1 Credit Union boosts member donations made with a Golden 1 debit or credit card up to $50,000.

SECU Foundation Provides Grant to Assist with Affordable Workforce Housing Initiative

A Goldsboro non-profit focusing on addressing the lack of affordable housing for the middle-income workforce has received a Mission Development Grant.

Frontwave Credit Union Celebrates First Female Marine Graduates from MCRD San Diego

Frontwave Credit Union is proud to welcome the first-ever female Marines graduates from MCRD San Diego to the Frontwave family.

SafeAmerica Credit Union Announces their 2021 College Scholarship Winners.

SafeAmerica Credit Union announced the five recipients of their annual College Scholarship Program.

RSM US Foundation Donates $500,000 to Food Banks Nationwide and in Canada

The RSM US Foundation recently announced a donation of $500,000 to 76 food banks across the U.S. and in Canada.

Redwood Credit Union Wins Industry Marketing Awards

RCU recently received four Diamond Awards at the annual CUNA Marketing & Business Development Council conference.

Peach State FCU C.A.R.E.S. Foundation Awards over $177,000 in Scholarships and Educational Grants

The Peach State FCU C.A.R.E.S. Foundation is proud to announce the recipients of over $177,000 in scholarships and educational grants.

CU Members Mortgage Restructures Correspondent/Fulfillment Department to Deepen Knowledge Base

Adding experienced personnel to the department provides a deep knowledge base that will expand CU Members' abilities to support CUs in a new ways.

Prize-Linked Savings Signed into Law in Oklahoma

Oklahoma Credit Union Association - a political action arm of Cornerstone League - helped get prize-linked savings signed into law in Oklahoma.

RSM US Foundation Awards $50k in First Generation Scholarships

National program provides financial support for five first generation undergraduate college students

Jack Henry Strengthens Loan Marketplace with New Suite of Tools and Analytics

Jack Henry has acquired a suite of tools and analytics from Stackfolio, Inc.

Baker Market Update: May 7, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210507-lunch-with-lester/

Sensibill Releases The Barcode Report on Home Improvement Spending Trends

Sensibill analyzes SKU-level data from receipts to uncover consumer spending trends related to home improvement during pandemic.

Infinity members approve merger between Infinity Credit Union and Deere Employees Credit Union

Infinity Credit Union is proud to announce that members approved the merger with Deere Employees Credit Union of Moline, Illinois.
Personnel Promotions

United Federal Credit Union Names Kristin McCarthy Branch Manager at Bremen Highway Branch in South Bend

United Federal Credit Union (United) has named Kristin McCarthy to the position of Branch Manager at its Bremen Highway branch in South Bend.

Jax Federal Credit Union Awarded Designation of Savings Excellence by National Savings Program

Jax Federal Credit Union has earned the annual America Saves Designation of Savings Excellence award.

Greetings from Your UMassFive Hadley, Northampton, and Contact Center Managers

UMassFive is enthused to introduce the newest leaders of our Hadley and Northampton Branches, and Contact Center.

IMM Marks Its 25th Anniversary in Financial Services

IMM Marks Its 25th Anniversary in Financial Services

NASCUS NEWS Comment Letters Issued: CAMELS Changes and Risk-Based Capital

NASCUS has submitted two comment letters to the National Credit Union Administration (NCUA) regarding proposed changes to the CAMELS Rating System and the proposed rulemaking ...

First Financial Credit Union Announces Election Results for Board of Directors

First Financial CU is please to announce Shirley Burkhardt and James Dilday were re-elected to serve another 3-year term on the Board of Directors.

3 More Credit Unions Sign with Bankjoy to Provide Best-in-Class Digital Experience for Members

These credit unions are now poised to hit the ground running with Bankjoy's most advanced online, mobile, and voice banking technologies.

First Close Announced for $150 Million Venture Capital Fund ‘Curql’

Curql Fund I announced its first fundraising close on April 6, 2021, reaching an initial fundraising goal in excess of $70M.

People’s Trust Federal Credit Union Launches Enrich Financial Wellness Platform to its 30,000 Members

People’s Trust Federal Credit Union has partnered with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its 30,000 ...

$150 Million Venture Capital Fund ‘Curql’ Announces Open Access to Credit Union Investors

Curql Collective (curql.com) is announcing the availability of investment opportunities in the group’s flagship – Curql Fund I.

CSPI Partners with Adlumin for Compliance and Security Automation

Computer Service Professionals, Inc. announces a new partnership with the leading compliance and security automation platform in Finance, Adlumin.

NASCUS President and CEO Lucy Ito Announces Retirement

The National Association of State Credit Union Supervisors (NASCUS) President and CEO Lucy Ito is announcing her plan to retire at the end of 2021.

Compliance Systems Introduces Industry’s Mobile First Online Account Opening Documentation

The solution streamlines documents and hosts unique content such as embedded videos and tutorials to help FI’s build relationships that consumer and commercial deposit customers ...

FORUM Credit Union Places 9th on Indiana’s Best Places to Work List

FORUM Credit Union recently placed ninth among large companies for the Indiana Chamber of Commerce’s 2021 Best Places to Work. This marks the tenth consecutive ...

Healing Transitions Receives Grant from SECU Foundation to Expand Women’s Campus

A local non-profit seeking to raise campaign funds for the renovation and much-needed expansion of campus facilities in Raleigh has received a grant.

Baker Market Update: May 10, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210510-latte-with-lester/

Golden 1 Credit Union to Match Donations up to $50,000 on Big Day of Giving

Golden 1 Credit Union boosts member donations made with a Golden 1 debit or credit card up to $50,000.

SECU Foundation Provides Grant to Assist with Affordable Workforce Housing Initiative

A Goldsboro non-profit focusing on addressing the lack of affordable housing for the middle-income workforce has received a Mission Development Grant.

Frontwave Credit Union Celebrates First Female Marine Graduates from MCRD San Diego

Frontwave Credit Union is proud to welcome the first-ever female Marines graduates from MCRD San Diego to the Frontwave family.

SafeAmerica Credit Union Announces their 2021 College Scholarship Winners.

SafeAmerica Credit Union announced the five recipients of their annual College Scholarship Program.

RSM US Foundation Donates $500,000 to Food Banks Nationwide and in Canada

The RSM US Foundation recently announced a donation of $500,000 to 76 food banks across the U.S. and in Canada.

Redwood Credit Union Wins Industry Marketing Awards

RCU recently received four Diamond Awards at the annual CUNA Marketing & Business Development Council conference.

Peach State FCU C.A.R.E.S. Foundation Awards over $177,000 in Scholarships and Educational Grants

The Peach State FCU C.A.R.E.S. Foundation is proud to announce the recipients of over $177,000 in scholarships and educational grants.

CU Members Mortgage Restructures Correspondent/Fulfillment Department to Deepen Knowledge Base

Adding experienced personnel to the department provides a deep knowledge base that will expand CU Members' abilities to support CUs in a new ways.

Prize-Linked Savings Signed into Law in Oklahoma

Oklahoma Credit Union Association - a political action arm of Cornerstone League - helped get prize-linked savings signed into law in Oklahoma.

RSM US Foundation Awards $50k in First Generation Scholarships

National program provides financial support for five first generation undergraduate college students

Jack Henry Strengthens Loan Marketplace with New Suite of Tools and Analytics

Jack Henry has acquired a suite of tools and analytics from Stackfolio, Inc.

Baker Market Update: May 7, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210507-lunch-with-lester/

Sensibill Releases The Barcode Report on Home Improvement Spending Trends

Sensibill analyzes SKU-level data from receipts to uncover consumer spending trends related to home improvement during pandemic.

Infinity members approve merger between Infinity Credit Union and Deere Employees Credit Union

Infinity Credit Union is proud to announce that members approved the merger with Deere Employees Credit Union of Moline, Illinois.
Personnel Promotions

United Federal Credit Union Names Kristin McCarthy Branch Manager at Bremen Highway Branch in South Bend

United Federal Credit Union (United) has named Kristin McCarthy to the position of Branch Manager at its Bremen Highway branch in South Bend.

BECU Promotes Shawna Thompson to Head of Operations

BECU, the country’s fourth-largest credit union, today announced it has promoted Shawna Thompson to executive vice president and head of operations after more than 30 ...

Redwood Credit Union Protects 3,300+ Individuals by Securely Shredding Documents and Responsibly Disposing of e-Waste

This summer, more than 3,300 residents across Lake, Marin, Mendocino, Napa, and Sonoma counties took a proactive stance against fraud and identity theft.

Baker Market Update – Week in Review: September 22, 2023

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

Maine Credit Unions’ Campaign for Ending Hunger Presents Check to The Barbara Bush Children’s Hospital

Maine Credit Unions’ Campaign for Ending Hunger visited The Barbara Bush Children’s Hospital (BBCH) on Thursday to present a check for $14,000 to support the ...

Bay/FLAG Credit Union announces name change

Bay Credit Union and FLAG Credit Union (a division of Bay Credit Union) will become Hello Credit Union on September 28, 2023.

A Third of Americans are Less Confident They Can Afford a Home Compared to Five Years Ago, According to MeridianLink Survey

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the results of a nationwide ...
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