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

ALM First Surpasses $55 Billion in Assets Under Management

ALM First, a strategic partner for more than 300 financial institutions nationwide, recently surpassed $55 billion in assets under management.

Baker Market Update: May 3, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210503-latte-with-lester/

ELGA CU Opens Its Doors in Grand Blanc

ELGA Credit Union celebrated the grand opening and ribbon cutting of its 14th branch location on Friday, April 23rd.

Grant from SECU Foundation to Help Non-Profit Expand Services for Onslow County Families

SECU Foundation recently awarded a $40,000 Mission Development Grant to a local Jacksonville non-profit – One Place.

Joe Liethen named senior vice president of accounting and finance

Marine Credit Union recently announced the promotion of Joe Liethen to senior vice president of finance and accounting.

Shareholders, Regulators Approve United Federal Credit Union And Edgewater Bank Partnership

The partnership between United Federal Credit Union and Edgewater Bank has received final approval from both shareholders and federal regulators.

Shondra Houde of Canvas Credit Union becomes President of the Rocky Mountain Chapter of Mountain West Credit Union Association

From Treasurer to President, Shondra will lead the chapter to new heights of credit union advocacy

University FCU Enables Member Account Access via BIG’s FIVE Voice Banking Platform

University FCU has received Amazon certification for its first voice banking application hosted on BIG’s FIVE Conversational Banking Platform.

Baker Market Update: April 30, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210430-lunch-with-lester/

ELGA Credit Union Raises $4,659 for Children’s Miracle Network during Children’s Hospital Week

ELGA Credit Union (ELGA) celebrated Children’s Hospital Week by raising $4,659 to benefit Hurley Children’s Hospital and Children's Miracle Network.

BECU’s Annual Report Highlights Commitment to Employees, Members and Communities

BECU will celebrate the release of its 2020 Annual Report with its members and communities during its fifth annual Member Summit event on April 29.

Change is Inevitable, Don’t Be a Commodity

“Change will happen and it’s neither good or bad by itself, it’s how we react to it that matters."

Corelation Successfully Hosts First-Ever CEO & CTO Virtual Forum

More than 450 attendees gathered virtually for San Diego-based credit union core processor Corelation’s first-ever CEO & CTO Forum April 20-21, 2021.

Connect FSS Announces Investment from Credit Union of Denver

Credit Union of Denver makes an investment in Connect Financial Software Solutions, joining five other credit union owners the CUSO.

Stride Bank Funded on a $15 Million Credit Facility to Help Pipeline Inspection Company Manage Cash Flow, Sourced Through Jack Henry’s Accounts Receivable Financing Program

Stride Bank has leveraged Jack Henry Lending’s accounts receivable (A/R) financing program, BussinesManager, to fund a $15 million facility.
Personnel Promotions

United Federal Credit Union Names Two New Branch Managers at Marion, Ohio Locations

United Federal Credit Union has named two new branch managers to lead its Marion, Ohio locations.

Carl Clark Named Senior Consultant, Diversity, Equity and Inclusion at Humanidei & O’Rourke

Humanidei + O’Rourke is proud to announce that Carl Clark will join the company as Senior Consultant: Diversity, Equity, and Inclusion.

Harvard University Employees Credit Union (HUECU) Receives PBHA Award

Harvard University Employees Credit Union (HUECU) was honored to receive the Summer Urban Program (SUP) Champion Award during PBHA Auction.

Coastal Credit Union Surpasses $4 Billion in Assets

Coastal Credit Union announced today that it has reached the $4 billion in assets milestone, just two and a half years after surpassing $3 billion.

CU Business Group Launches Partnership with Community Capital to Provide Online Loan Marketplace for Credit Unions

CUBG's new Digital Loan Marketplace will provide credit unions with a more efficient way to buy and sell commercial loans and participations.

MarketMatch wins double CUNA Diamond awards

MarketMatch, Inc. a full-service, digital-forward marketing agency has won two CUNA Diamond Awards.

OCCU Announces Strong 1st Quarter

Ocala Community Credit Union Announces Strong 1st Quarter as COVID-19 Pandemic is winding down.

Jack Henry Enhances Gladiator Virtual Information Security Officer Service

Jack Henry has enhanced its Gladiator Virtual Information Security Officer to offer a Governance, Risk and Compliance Software as a Service platform.

Commonwealth One Federal Credit Union Selects Access Softek for Security and Digital Banking Solutions

Commonwealth One will now offer an array of Access Softek's digital banking products.

BECU Renews Partnership with CO-OP Financial Services

BECU, the nation’s third largest credit union, is renewing its 14-year partnership with CO-OP Financial Services.

Patelco Credit Union Launches Virtual Branch Connecting Members with Real-Time Branch Visits Online

Bay Area Credit Union Also Rolls Out Series of Digital Enhancements in Ongoing Commitment to Bring the Best Products and Services to Members.

Texas Trust Inks Deal for Naming Rights of Iconic Theatre

Texas Trust has signed a landmark naming rights agreement with AEG Presents to rename The Theatre at Grand Prairie.

NCR and Google Cloud Collaborate to Accelerate Digital Transformation in Banking

NCR Corporation and Google Cloud today announced a global strategic partnership.

UMassFive’s Duffy Named Board Chair of Member Advantage Mortgage

UMassFive is pleased to announce that Lauren E Duffy, UMassFive’s Executive Vice President and Chief Operating Officer (COO).

HRCU Signs Multi-Year Agreement with Synergent for Payment Processing Services

Synergent announced that HRCU has extended and expanded its payment processing services agreement with Synergent to include card processing.

ALM First Surpasses $55 Billion in Assets Under Management

ALM First, a strategic partner for more than 300 financial institutions nationwide, recently surpassed $55 billion in assets under management.

Baker Market Update: May 3, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210503-latte-with-lester/

ELGA CU Opens Its Doors in Grand Blanc

ELGA Credit Union celebrated the grand opening and ribbon cutting of its 14th branch location on Friday, April 23rd.

Grant from SECU Foundation to Help Non-Profit Expand Services for Onslow County Families

SECU Foundation recently awarded a $40,000 Mission Development Grant to a local Jacksonville non-profit – One Place.

Joe Liethen named senior vice president of accounting and finance

Marine Credit Union recently announced the promotion of Joe Liethen to senior vice president of finance and accounting.

Shareholders, Regulators Approve United Federal Credit Union And Edgewater Bank Partnership

The partnership between United Federal Credit Union and Edgewater Bank has received final approval from both shareholders and federal regulators.

Shondra Houde of Canvas Credit Union becomes President of the Rocky Mountain Chapter of Mountain West Credit Union Association

From Treasurer to President, Shondra will lead the chapter to new heights of credit union advocacy

University FCU Enables Member Account Access via BIG’s FIVE Voice Banking Platform

University FCU has received Amazon certification for its first voice banking application hosted on BIG’s FIVE Conversational Banking Platform.

Baker Market Update: April 30, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210430-lunch-with-lester/

ELGA Credit Union Raises $4,659 for Children’s Miracle Network during Children’s Hospital Week

ELGA Credit Union (ELGA) celebrated Children’s Hospital Week by raising $4,659 to benefit Hurley Children’s Hospital and Children's Miracle Network.

BECU’s Annual Report Highlights Commitment to Employees, Members and Communities

BECU will celebrate the release of its 2020 Annual Report with its members and communities during its fifth annual Member Summit event on April 29.

Change is Inevitable, Don’t Be a Commodity

“Change will happen and it’s neither good or bad by itself, it’s how we react to it that matters."

Corelation Successfully Hosts First-Ever CEO & CTO Virtual Forum

More than 450 attendees gathered virtually for San Diego-based credit union core processor Corelation’s first-ever CEO & CTO Forum April 20-21, 2021.

Connect FSS Announces Investment from Credit Union of Denver

Credit Union of Denver makes an investment in Connect Financial Software Solutions, joining five other credit union owners the CUSO.

Stride Bank Funded on a $15 Million Credit Facility to Help Pipeline Inspection Company Manage Cash Flow, Sourced Through Jack Henry’s Accounts Receivable Financing Program

Stride Bank has leveraged Jack Henry Lending’s accounts receivable (A/R) financing program, BussinesManager, to fund a $15 million facility.
Personnel Promotions

United Federal Credit Union Names Two New Branch Managers at Marion, Ohio Locations

United Federal Credit Union has named two new branch managers to lead its Marion, Ohio locations.

Carl Clark Named Senior Consultant, Diversity, Equity and Inclusion at Humanidei & O’Rourke

Humanidei + O’Rourke is proud to announce that Carl Clark will join the company as Senior Consultant: Diversity, Equity, and Inclusion.

Harvard University Employees Credit Union (HUECU) Receives PBHA Award

Harvard University Employees Credit Union (HUECU) was honored to receive the Summer Urban Program (SUP) Champion Award during PBHA Auction.

Coastal Credit Union Surpasses $4 Billion in Assets

Coastal Credit Union announced today that it has reached the $4 billion in assets milestone, just two and a half years after surpassing $3 billion.

CU Business Group Launches Partnership with Community Capital to Provide Online Loan Marketplace for Credit Unions

CUBG's new Digital Loan Marketplace will provide credit unions with a more efficient way to buy and sell commercial loans and participations.

MarketMatch wins double CUNA Diamond awards

MarketMatch, Inc. a full-service, digital-forward marketing agency has won two CUNA Diamond Awards.

OCCU Announces Strong 1st Quarter

Ocala Community Credit Union Announces Strong 1st Quarter as COVID-19 Pandemic is winding down.

Jack Henry Enhances Gladiator Virtual Information Security Officer Service

Jack Henry has enhanced its Gladiator Virtual Information Security Officer to offer a Governance, Risk and Compliance Software as a Service platform.

Commonwealth One Federal Credit Union Selects Access Softek for Security and Digital Banking Solutions

Commonwealth One will now offer an array of Access Softek's digital banking products.

BECU Renews Partnership with CO-OP Financial Services

BECU, the nation’s third largest credit union, is renewing its 14-year partnership with CO-OP Financial Services.

Patelco Credit Union Launches Virtual Branch Connecting Members with Real-Time Branch Visits Online

Bay Area Credit Union Also Rolls Out Series of Digital Enhancements in Ongoing Commitment to Bring the Best Products and Services to Members.

Texas Trust Inks Deal for Naming Rights of Iconic Theatre

Texas Trust has signed a landmark naming rights agreement with AEG Presents to rename The Theatre at Grand Prairie.

NCR and Google Cloud Collaborate to Accelerate Digital Transformation in Banking

NCR Corporation and Google Cloud today announced a global strategic partnership.

UMassFive’s Duffy Named Board Chair of Member Advantage Mortgage

UMassFive is pleased to announce that Lauren E Duffy, UMassFive’s Executive Vice President and Chief Operating Officer (COO).

HRCU Signs Multi-Year Agreement with Synergent for Payment Processing Services

Synergent announced that HRCU has extended and expanded its payment processing services agreement with Synergent to include card processing.

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 ...

LGE Community Credit Union completes acquisition of Greater Community Bank

LGE Community Credit Union (“LGE”), a $2.04 billion-asset institution based in Atlanta, announced that it finalized its acquisition of Greater Community Bank, a community bank ...

MyUSA Credit Union Case Study: Neighborhood CUs Become “Better Together” at Serving Their Members

So much can go wrong during a merger! This case study shows how a strategic plan for collecting and responding to member feedback helped a ...
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