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

Tennessee Valley Federal Credit Union Partners with Jack Henry to Support Growth

Symitar today announced that Tennessee Valley Federal Credit Union partnered to deploy cloud-based technology that meets its aggressive growth goals.

Bonifii Releases New Versions of CUFX Standards with a Focus on Digital Identity and Open API Exchange

Update on versions 4.5 and 5.0 of CUFX.

Vizo Financial team raises funds for CMN Hospital

Vizo Financial and six Pittsburgh-area credit unions join together to raise more than $2100 for a local Children’s Miracle Network Hospital.

Wright-Patt Credit Union to Open Its Largest Member Center to Date in Gahanna

Wright-Patt Credit Union (WPCU) opens the doors of its seventh Columbus area member center on Monday, June 21 in Gahanna.

Alaska USA Foundation Donates to Nonprofit Providing Support to Military and Veterans

Operation Homefront Receives $20,000.

Nymbus CUSO Secures New $5 Million Financing Round

Venture capital fund Curql invests $5 million towards Nymbus CUSO for ensuring continued growth and stability for the credit union community.

MSUFCU Launches Drive to Support Ronald McDonald House of Mid Michigan

MSUFCU has started an internal drive for employees to collect and donate aluminum pull tabs to the Ronald McDonald House of Mid Michigan.

Pelican State Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform

Pelican State Credit Union selects Scienaptic's platform to make faster credit decisions and support the financial goals of its members.

Cornerstone Foundation Collaborates with The Art of Allowance Project to Help CUs Help Families

Cornerstone Foundation and The Art of Allowance Project/The Money Mammals announce their collaboration to help CUs raise financially smart kids.

Cornerstone Foundation Partners with Sammy Rabbit

Cornerstone Foundation and Sammy Rabbit have announced their collaboration to make available early-age financial literacy education resources.

Jeanne D’Arc teams with Lowell General to calm kids in the ED

Jeanne D'Arc Credit Union teamed up with LGH & donated the Smile Station, a cart filled with toys for kids visiting the emergency department.

TEACHERS FEDERAL CREDIT UNION REVEALS NEW INDUSTRY-LEADING HIGH-YIELD PRODUCT: SMART CHECKING

Teachers Federal Credit Union, announces their newest product offering: Smart Checking, a high-yield checking account that benefits members' needs.

Two MISD Graduates Receive $10,000 from Texas Trust Credit Union

Texas Trust Credit Union awarded $10,000 scholarships to graduating seniors Aaron Wu and Folajaye Seinde-Olaniyi from Mansfield ISD.

Corporate Central Welcomes Michele Randall as Member Services Representative

Corporate Central is pleased to announce and welcome Michele Randall as a Member Services Representative.

CU Member Research Confirms: Payments Path to Primary Financial Relationships

A new study outlining opportunities for credit union growth is now available to all credit union leaders at no charge via CU Payments Outlook.

AKUVO Joins the Symitar Vendor Integration Program

Technology company AKUVO has announced it has joined Symitar's Vendor Integration Program, enabling AKUVO's Aperture system to integrate with Episys.

MSUFCU Employees Raise More Than $48,000 for Charity Partners in First Quarter of 2021

MSUFCU employees raised $39,917 for REACH Studio Art Center and an additional $8,639 for the Capital Area United Way during the first quarter of 2021.

SECU MD Wins Two Prestigious MX Awards

SECU, Maryland’s largest state chartered credit union, is pleased to announce it has won two MX Awards from the AMA Baltimore.

TEACHERS FEDERAL CREDIT UNION ANNOUNCES 2021 SCHOLARSHIP WINNERS

Teachers Federal Credit Union announces the 15 recipients of the 2021 scholarship funds - providing $37,500 to New York high-school students.

Local Government Federal Credit Union proudly announces the promotion of Dayatra Matthews to Chief Legal Officer and General Counsel

Local Government Federal Credit Union proudly announces the promotion of Dayatra Matthews to Chief Legal Officer and General Counsel

Texas Trust Credit Union Donates $1,250 to SafeHaven

Texas Trust Credit Union employees came together to raise $1,250 and donate needed personal goods to Fort Worth’s SafeHaven of Tarrant County.

Finzly Selected to Power Foreign Exchange Initiatives for Pacific Western Bank

Pacific Western Bank goes live with Finzly’s FX STAR platform, an end-to-end solution for managing international banking products.

Q2 Unveils New Innovation Studio Solution

Q2 Innovation Studio enables banks and credit unions to have the freedom to differentiate and accelerate their digital innovation strategy

Alliant Surpasses 600,000 Members

The digital FI credits its focus on exceeding ever-changing consumer needs for its 20% membership growth since February 2020.

Baker Market Update – Week in Review: June 11, 2021

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

Texas Extends Credit Union Department Operations

Texas Senate Bill 707 was signed into law by Texas Governor Greg Abbott, extending the Credit Union Department of Texas operations to 2033.
Personnel Promotions

United Federal Credit Union Names Alisha Pledger Branch Manager at Alma Branch

United Federal Credit Union (United) has named Alisha Pledger to the position of Branch Manager at its Alma branch at 630 Highway 71 North.

United Federal Credit Union Donates $7,500 to Boys & Girls Club of Van Buren after Tornado Damage

United Federal Credit Union has donated $7,500 to the Boys & Girls Club of Van Buren after a recent tornado damaged its buildings and grounds.
Investments

Madison Investments Completes Acquisition of Reinhart Fixed Income

Madison Investments Holdings, Inc. (Madison Investments), an independent investment management firm, today announced it has completed the acquisition of the Milwaukee-based Reinhart Fixed Income Team,

Active.Ai and Glia Partner to Enhance Customer Experiences Through Conversational AI

Active.Ai and Glia have announced a strategic partnership; Together, the fintechs are empowering financial institutions to meet customers in the digital domain and support them ...

Tennessee Valley Federal Credit Union Partners with Jack Henry to Support Growth

Symitar today announced that Tennessee Valley Federal Credit Union partnered to deploy cloud-based technology that meets its aggressive growth goals.

Bonifii Releases New Versions of CUFX Standards with a Focus on Digital Identity and Open API Exchange

Update on versions 4.5 and 5.0 of CUFX.

Vizo Financial team raises funds for CMN Hospital

Vizo Financial and six Pittsburgh-area credit unions join together to raise more than $2100 for a local Children’s Miracle Network Hospital.

Wright-Patt Credit Union to Open Its Largest Member Center to Date in Gahanna

Wright-Patt Credit Union (WPCU) opens the doors of its seventh Columbus area member center on Monday, June 21 in Gahanna.

Alaska USA Foundation Donates to Nonprofit Providing Support to Military and Veterans

Operation Homefront Receives $20,000.

Nymbus CUSO Secures New $5 Million Financing Round

Venture capital fund Curql invests $5 million towards Nymbus CUSO for ensuring continued growth and stability for the credit union community.

MSUFCU Launches Drive to Support Ronald McDonald House of Mid Michigan

MSUFCU has started an internal drive for employees to collect and donate aluminum pull tabs to the Ronald McDonald House of Mid Michigan.

Pelican State Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform

Pelican State Credit Union selects Scienaptic's platform to make faster credit decisions and support the financial goals of its members.

Cornerstone Foundation Collaborates with The Art of Allowance Project to Help CUs Help Families

Cornerstone Foundation and The Art of Allowance Project/The Money Mammals announce their collaboration to help CUs raise financially smart kids.

Cornerstone Foundation Partners with Sammy Rabbit

Cornerstone Foundation and Sammy Rabbit have announced their collaboration to make available early-age financial literacy education resources.

Jeanne D’Arc teams with Lowell General to calm kids in the ED

Jeanne D'Arc Credit Union teamed up with LGH & donated the Smile Station, a cart filled with toys for kids visiting the emergency department.

TEACHERS FEDERAL CREDIT UNION REVEALS NEW INDUSTRY-LEADING HIGH-YIELD PRODUCT: SMART CHECKING

Teachers Federal Credit Union, announces their newest product offering: Smart Checking, a high-yield checking account that benefits members' needs.

Two MISD Graduates Receive $10,000 from Texas Trust Credit Union

Texas Trust Credit Union awarded $10,000 scholarships to graduating seniors Aaron Wu and Folajaye Seinde-Olaniyi from Mansfield ISD.

Corporate Central Welcomes Michele Randall as Member Services Representative

Corporate Central is pleased to announce and welcome Michele Randall as a Member Services Representative.

CU Member Research Confirms: Payments Path to Primary Financial Relationships

A new study outlining opportunities for credit union growth is now available to all credit union leaders at no charge via CU Payments Outlook.

AKUVO Joins the Symitar Vendor Integration Program

Technology company AKUVO has announced it has joined Symitar's Vendor Integration Program, enabling AKUVO's Aperture system to integrate with Episys.

MSUFCU Employees Raise More Than $48,000 for Charity Partners in First Quarter of 2021

MSUFCU employees raised $39,917 for REACH Studio Art Center and an additional $8,639 for the Capital Area United Way during the first quarter of 2021.

SECU MD Wins Two Prestigious MX Awards

SECU, Maryland’s largest state chartered credit union, is pleased to announce it has won two MX Awards from the AMA Baltimore.

TEACHERS FEDERAL CREDIT UNION ANNOUNCES 2021 SCHOLARSHIP WINNERS

Teachers Federal Credit Union announces the 15 recipients of the 2021 scholarship funds - providing $37,500 to New York high-school students.

Local Government Federal Credit Union proudly announces the promotion of Dayatra Matthews to Chief Legal Officer and General Counsel

Local Government Federal Credit Union proudly announces the promotion of Dayatra Matthews to Chief Legal Officer and General Counsel

Texas Trust Credit Union Donates $1,250 to SafeHaven

Texas Trust Credit Union employees came together to raise $1,250 and donate needed personal goods to Fort Worth’s SafeHaven of Tarrant County.

Finzly Selected to Power Foreign Exchange Initiatives for Pacific Western Bank

Pacific Western Bank goes live with Finzly’s FX STAR platform, an end-to-end solution for managing international banking products.

Q2 Unveils New Innovation Studio Solution

Q2 Innovation Studio enables banks and credit unions to have the freedom to differentiate and accelerate their digital innovation strategy

Alliant Surpasses 600,000 Members

The digital FI credits its focus on exceeding ever-changing consumer needs for its 20% membership growth since February 2020.

Baker Market Update – Week in Review: June 11, 2021

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

Texas Extends Credit Union Department Operations

Texas Senate Bill 707 was signed into law by Texas Governor Greg Abbott, extending the Credit Union Department of Texas operations to 2033.
Personnel Promotions

United Federal Credit Union Names Alisha Pledger Branch Manager at Alma Branch

United Federal Credit Union (United) has named Alisha Pledger to the position of Branch Manager at its Alma branch at 630 Highway 71 North.

United Federal Credit Union Donates $7,500 to Boys & Girls Club of Van Buren after Tornado Damage

United Federal Credit Union has donated $7,500 to the Boys & Girls Club of Van Buren after a recent tornado damaged its buildings and grounds.
Investments

Madison Investments Completes Acquisition of Reinhart Fixed Income

Madison Investments Holdings, Inc. (Madison Investments), an independent investment management firm, today announced it has completed the acquisition of the Milwaukee-based Reinhart Fixed Income Team,

Active.Ai and Glia Partner to Enhance Customer Experiences Through Conversational AI

Active.Ai and Glia have announced a strategic partnership; Together, the fintechs are empowering financial institutions to meet customers in the digital domain and support them ...

myCUmortgage Announces Four New Credit Union Partnerships in Q4

A total of 13 new partnerships in 2023, including these four in Q4, helps myCUmortgage fulfill its mission of empowering credit unions to become great ...

Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and document management, proudly announces the ...

SESLOC Announces CEO Retirement

SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the credit union. LaChance will be ...

Advia Credit Union Celebrates 10-Year Anniversary with Community Impact: Launches Canned Food Drive to Address Food Insecurities

While Advia has been proudly serving its communities for nearly 90 years, this January marks a decade united under the name “Advia.” Advia Credit Union ...

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets 16 new institutions join CFS/SPF ...

Coastal Credit Union Names Two New Vice Presidents

Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton has been hired as VP, ...
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