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

PSECU to Sponsor EVERFI Financial Literacy Bee, Encourages High School Student Participation

PSECU will sponsor the EVERFI Financial Literacy Bee, a nationwide financial literacy challenge for high school students, taking place April 1-15.

Filene launches research project surveying DEI practices in credit unions

Filene is asking credit union CEOs, HR leaders or DEI leaders to complete the 10-minute DEI Practices and Policies Survey by April 18.
Personnel Promotions

Sunmark Credit Union Promotes Toni LeBron to Executive Vice President and Chief Operating Officer

Sunmark announces the promotion of Toni LeBron to Executive Vice President and Chief Operating Officer at Sunmark Credit Union.

NCUA Announces Interim Distribution for Capital Holders of Asset Management Estates

NCUA announces interim distribution for capital holders of the U.S. Central, Members United and Southwest Corporate Asset Management Estates.

CUES® Emerge Announces 2021 Program Cohort Members, Masterminds

CUES welcomes 32 up-and-coming CU leaders into the CUES Emerge program, selected based on their potential to create a lasting impact in the industry.

Credit Union of Texas Expands Partnership with PSCU

PSCU has announced it has expanded its partnership with Credit Union of Texas.

MSUFCU Announces its 2021 Charity Partners

MSUFCU employees have chosen four charity partners for 2021 – one for each quarter.

NYMBUS Forms New CUSO Led by Credit Union Industry Visionary John Janclaes

Nymbus CUSO is formed to help credit unions break through barriers to growth by connecting with trusted fintech offerings.

RSM Recognized as Best Tax and Audit Service Provider by HFM

RSM US LLP (“RSM”) has been named Best Tax and Audit Service Provider at the 2021 HFM US Quant Services Awards.

$80,000 Grant from SECU Foundation Supports Leadership Development Program for Principals

SECU Foundation works with North Carolina Alliance for School Leadership Development (NCASLD)

PSECU President and CEO George Rudolph Named to Power 100 Lists

PSECU President and CEO George Rudolph was named to the 2021 Power 100 list by Central Penn Business Journal and Lehigh Valley Business.

Baker Market Update: March 29, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210329-latte-with-lester/

MCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Thei

Scienaptic positions MCMC Auto to strengthen its lending portfolio using enhanced credit decisions.

AFFINITY CREDIT UNION CELEBRATES 310 DAY IN HONOR OF UNITED STEELWORKERS LOCAL 310 FOUNDING MEMBERS

Affinity Credit Union celebrated 310 Day on March 10th and 12th at the Firestone Tire plant in Des Moines, Iowa.

Adaption, Innovation and Levaraging the CUSO

The CUSO landscape is truly a cooperative environment working to help each other be better in the credit union space.

Depreciation Protection Adds $700M in New Client Assets

Continuing its forward momentum, Depreciation Protection announced today the addition of four more credit union clients with assets totaling $700M.

Southland Credit Union Announces Participation in the EVERFI Financial Literacy Bee to Support Youth Financial Education

Southland Credit Union today announced that it is sponsoring the EVERFI Financial Literacy Bee, taking place April 1-15, 2021.

Credit union donates much needed cleaning supplies to local organizations

In 2021, TruMark Financial® Credit Union created a Concern for Community initiative to support local organizations during the pandemic.

Alaska USA Provides Needed Office Space and Financial Support to Local Nonprofit

United Way of Anchorage Receives $42,000 and Office Space to Continue Critical Operations

Premier Members Credit Union Launches Boulder County Crisis Fund

The credit union will match funds up to a minimum of $50,000 to benefit the Community Foundation Boulder County’s Crisis Fund.

Credit Union Welcomes Joe Raichel as Chief Lending Officer

Joe Raichel has been hired as the Chief Lending Officer at UVA Community Credit Union.

BCU becomes first credit union to give back $1M in HomeAdvantage Cash Rewards to members in a single year

BCU reaches milestone of $5 million in cumulative Cash Rewards

NASCUS Responds to NCUA Request for Comment on Risk-Based Net Worth – COVID-19 Regulatory Relief

NASCUS supports raising the asset threshold to $500 million and defining a credit union as "complex" under RBNW requirements.

NW Plus Credit Union Gives $596,171 Back with Member Loyalty Bonus

NW Plus Credit Union Gives $596,171 Back to Members with its 2nd Member Loyalty Bonus

Baker Market Update: March 26, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210326-lunch-with-lester/

Maine Credit Unions Launch Virtual Financial Education Experience for Students

To commemorate CU Youth Month, Maine CUs are launching a new online educational experience to encourage students to adopt healthy savings habits.

Fort Financial Credit Union Selects Lumin Digital for Digital Banking Services

Fort Financial Credit Union has signed a multi-year agreement for Lumin Digital's cloud-native platform.

Day 2 of ALM First Financial Institute Provides In-Depth Educational Sessions

The second day of ALM First’s Financial Institute offered attendees a variety of educational sessions to choose from within two customized tracks.

ALM First Assists with 2nd Industry Securitization, Opening the Door to Capital Markets for UNIFY

ALM First, a strategic partner for depositories offering commission-free, fee-based advice, served as a consultant for UNIFY Financial Credit Union.

Day 1 of Virtual ALM First Financial Institute Tackles Economy, Mergers, Loan Sales and More

The first day of ALM First’s Financial Institute kicked off with an Economic Overview tailored specifically to financial institutions.

PSECU to Sponsor EVERFI Financial Literacy Bee, Encourages High School Student Participation

PSECU will sponsor the EVERFI Financial Literacy Bee, a nationwide financial literacy challenge for high school students, taking place April 1-15.

Filene launches research project surveying DEI practices in credit unions

Filene is asking credit union CEOs, HR leaders or DEI leaders to complete the 10-minute DEI Practices and Policies Survey by April 18.
Personnel Promotions

Sunmark Credit Union Promotes Toni LeBron to Executive Vice President and Chief Operating Officer

Sunmark announces the promotion of Toni LeBron to Executive Vice President and Chief Operating Officer at Sunmark Credit Union.

NCUA Announces Interim Distribution for Capital Holders of Asset Management Estates

NCUA announces interim distribution for capital holders of the U.S. Central, Members United and Southwest Corporate Asset Management Estates.

CUES® Emerge Announces 2021 Program Cohort Members, Masterminds

CUES welcomes 32 up-and-coming CU leaders into the CUES Emerge program, selected based on their potential to create a lasting impact in the industry.

Credit Union of Texas Expands Partnership with PSCU

PSCU has announced it has expanded its partnership with Credit Union of Texas.

MSUFCU Announces its 2021 Charity Partners

MSUFCU employees have chosen four charity partners for 2021 – one for each quarter.

NYMBUS Forms New CUSO Led by Credit Union Industry Visionary John Janclaes

Nymbus CUSO is formed to help credit unions break through barriers to growth by connecting with trusted fintech offerings.

RSM Recognized as Best Tax and Audit Service Provider by HFM

RSM US LLP (“RSM”) has been named Best Tax and Audit Service Provider at the 2021 HFM US Quant Services Awards.

$80,000 Grant from SECU Foundation Supports Leadership Development Program for Principals

SECU Foundation works with North Carolina Alliance for School Leadership Development (NCASLD)

PSECU President and CEO George Rudolph Named to Power 100 Lists

PSECU President and CEO George Rudolph was named to the 2021 Power 100 list by Central Penn Business Journal and Lehigh Valley Business.

Baker Market Update: March 29, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210329-latte-with-lester/

MCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptic’s AI-Powered Credit Decisioning Platform to Improve All Facets of Thei

Scienaptic positions MCMC Auto to strengthen its lending portfolio using enhanced credit decisions.

AFFINITY CREDIT UNION CELEBRATES 310 DAY IN HONOR OF UNITED STEELWORKERS LOCAL 310 FOUNDING MEMBERS

Affinity Credit Union celebrated 310 Day on March 10th and 12th at the Firestone Tire plant in Des Moines, Iowa.

Adaption, Innovation and Levaraging the CUSO

The CUSO landscape is truly a cooperative environment working to help each other be better in the credit union space.

Depreciation Protection Adds $700M in New Client Assets

Continuing its forward momentum, Depreciation Protection announced today the addition of four more credit union clients with assets totaling $700M.

Southland Credit Union Announces Participation in the EVERFI Financial Literacy Bee to Support Youth Financial Education

Southland Credit Union today announced that it is sponsoring the EVERFI Financial Literacy Bee, taking place April 1-15, 2021.

Credit union donates much needed cleaning supplies to local organizations

In 2021, TruMark Financial® Credit Union created a Concern for Community initiative to support local organizations during the pandemic.

Alaska USA Provides Needed Office Space and Financial Support to Local Nonprofit

United Way of Anchorage Receives $42,000 and Office Space to Continue Critical Operations

Premier Members Credit Union Launches Boulder County Crisis Fund

The credit union will match funds up to a minimum of $50,000 to benefit the Community Foundation Boulder County’s Crisis Fund.

Credit Union Welcomes Joe Raichel as Chief Lending Officer

Joe Raichel has been hired as the Chief Lending Officer at UVA Community Credit Union.

BCU becomes first credit union to give back $1M in HomeAdvantage Cash Rewards to members in a single year

BCU reaches milestone of $5 million in cumulative Cash Rewards

NASCUS Responds to NCUA Request for Comment on Risk-Based Net Worth – COVID-19 Regulatory Relief

NASCUS supports raising the asset threshold to $500 million and defining a credit union as "complex" under RBNW requirements.

NW Plus Credit Union Gives $596,171 Back with Member Loyalty Bonus

NW Plus Credit Union Gives $596,171 Back to Members with its 2nd Member Loyalty Bonus

Baker Market Update: March 26, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210326-lunch-with-lester/

Maine Credit Unions Launch Virtual Financial Education Experience for Students

To commemorate CU Youth Month, Maine CUs are launching a new online educational experience to encourage students to adopt healthy savings habits.

Fort Financial Credit Union Selects Lumin Digital for Digital Banking Services

Fort Financial Credit Union has signed a multi-year agreement for Lumin Digital's cloud-native platform.

Day 2 of ALM First Financial Institute Provides In-Depth Educational Sessions

The second day of ALM First’s Financial Institute offered attendees a variety of educational sessions to choose from within two customized tracks.

ALM First Assists with 2nd Industry Securitization, Opening the Door to Capital Markets for UNIFY

ALM First, a strategic partner for depositories offering commission-free, fee-based advice, served as a consultant for UNIFY Financial Credit Union.

Day 1 of Virtual ALM First Financial Institute Tackles Economy, Mergers, Loan Sales and More

The first day of ALM First’s Financial Institute kicked off with an Economic Overview tailored specifically to financial institutions.

Financial Center Supports WISH-TV’s Gr8 Paper Push in Partnership with Teachers’ Treasures

For the ninth year, Financial Center proudly supported the 2023 WISH-TV Gr8 Paper Push, a community-wide initiative aimed at providing essential school supplies to teachers ...

Financial Center Appoints Ryan Cook as New Chief Financial Officer

Financial Center is pleased to announce the appointment of Ryan Cook as the Credit Union’s new Chief Financial Officer. With more than 15 years of ...

Baker Market Update – Week in Review: September 1, 2023

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

Orange County’s Credit Union Raises $22,700 For Children’s Health Of Orange County (Choc)

Orange County’s Credit Union, a Santa Ana-based financial services provider with more than 130,000 Members, raised $22,700 to benefit Children’s Health of Orange County (CHOC) ...

GTE Financial Wins In Financial Literacy And Education At Gramercy Institute’s 2023 Financial Content Marketing Awards

GTE Financial, one of Tampa’s largest locally owned and operated financial institutions, is happy to announce they won in the financial literacy and education category ...

Park Community Credit Union Foundation Awards $75,000 In Nonprofit Grants

PARK COMMUNITY CREDIT UNION FOUNDATION AWARDS $75,000 IN NONPROFIT GRANTS LOUISVILLE – Thursday, August 31, 2023 – Park Community Credit Union Foundation has awarded four ...
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