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

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.

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.

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.

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.

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.

Truliant Promotes Johnson to Chief Financial Officer

WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the role of Chief Financial Officer. ...

Peach State FCU and Toys for Tots Unite in Holiday Spirit

Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! Every year, the credit union ...

Baker Market Update – Week in Review: December 29, 2023

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

Redwood Credit Union Steps Up for Annual Secret Santa Program

When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped up to fill the holiday ...

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has been appointed to the newly ...

GreenState is halfway to their $1 billion mortgage lending goal

GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial homeownership gap across the state.
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