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.
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 Scienaptics AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptics 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 Countys 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 Firsts 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 Firsts Financial Institute kicked off with an Economic Overview tailored specifically to financial institutions.
Bay Federal Credit Union Introduces New First-Time Homebuyer Program
Bay Federal Credit Union's New First-Time Homebuyers Program Offers First-Time Homebuyers 3% Down Payment and No Closing Costs.
United States Senate Federal Credit Union Partners with Credit Union Student Choice to Offer Suite of Private Student Lending Solutions
CU Student Choice announced that it has partnered with United States Senate FCU to offer its members innovative student lending solutions.
Peoples Advantage Federal Credit Union Implements Member Driven Technologies
Peoples Advantage FCU has successfully implemented the Episys core processing system hosted by Member Driven Technologies (MDT) to drive efficiencies.
CU Members Mortgage Announces New Processing Managers to Ensure On-Time Mortgage Closings
Chavez and Robinson will be responsible for developing training resources, pipeline management, conducting file reviews, and streamlining processes.
Business Development Leader Kevin Harrigan Joins Access Softek to Support Sales Growth
Access Softek is expanding its team with the addition of Kevin M. Harrigan as Vice President of Sales for the Eastern Region.
United Federal Credit Union Names Carrie Taylor Mortgage Advisor at Edison Lakes Branch
United Federal Credit Union has appointed Carrie Taylor to the position of Mortgage Advisor at its Edison Lakes branch in Mishawaka, Indiana.
Paul Gandolfi Rejoins Dolphin Debit as VP and Regional Sales Director
Paul Gandolfi, a veteran of the CU ATM service industry, has rejoined Dolphin Debit in the role of vice president and regional sales director.
LenderClose Completes $10 million Series B Round
LenderClose plans to expand reach and innovation with investment infusion after completing its $10 million Series B Round
Heartland Credit Union Selects Corelation’s KeyStone to Help It Scale with Current Growth
Corelation KeyStone open API will be a key component in implementing innovative service and banking opportunities for Heartland Credit Union members.
Napa Home Ownership: Redwood Credit Union Hires AJ Paniagua to Help Make It Happen
Those hoping to buy or refinance a home in Napa and American Canyon just got a new advocateAJ Paniagua, mortgage loan officer at Redwood CU.
Texas Trust Credit Union and UTA Athletics Hosting Super Smash Bros. Ultimate ESports Tournament
Texas Trust Credit Union and UTA Athletics are partnering to deliver the universitys first esports tournament for everyday players.
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 Scienaptics AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptics 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 Countys 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 Firsts 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 Firsts Financial Institute kicked off with an Economic Overview tailored specifically to financial institutions.
Bay Federal Credit Union Introduces New First-Time Homebuyer Program
Bay Federal Credit Union's New First-Time Homebuyers Program Offers First-Time Homebuyers 3% Down Payment and No Closing Costs.
United States Senate Federal Credit Union Partners with Credit Union Student Choice to Offer Suite of Private Student Lending Solutions
CU Student Choice announced that it has partnered with United States Senate FCU to offer its members innovative student lending solutions.
Peoples Advantage Federal Credit Union Implements Member Driven Technologies
Peoples Advantage FCU has successfully implemented the Episys core processing system hosted by Member Driven Technologies (MDT) to drive efficiencies.
CU Members Mortgage Announces New Processing Managers to Ensure On-Time Mortgage Closings
Chavez and Robinson will be responsible for developing training resources, pipeline management, conducting file reviews, and streamlining processes.
Business Development Leader Kevin Harrigan Joins Access Softek to Support Sales Growth
Access Softek is expanding its team with the addition of Kevin M. Harrigan as Vice President of Sales for the Eastern Region.
United Federal Credit Union Names Carrie Taylor Mortgage Advisor at Edison Lakes Branch
United Federal Credit Union has appointed Carrie Taylor to the position of Mortgage Advisor at its Edison Lakes branch in Mishawaka, Indiana.
Paul Gandolfi Rejoins Dolphin Debit as VP and Regional Sales Director
Paul Gandolfi, a veteran of the CU ATM service industry, has rejoined Dolphin Debit in the role of vice president and regional sales director.
LenderClose Completes $10 million Series B Round
LenderClose plans to expand reach and innovation with investment infusion after completing its $10 million Series B Round
Heartland Credit Union Selects Corelation’s KeyStone to Help It Scale with Current Growth
Corelation KeyStone open API will be a key component in implementing innovative service and banking opportunities for Heartland Credit Union members.
Napa Home Ownership: Redwood Credit Union Hires AJ Paniagua to Help Make It Happen
Those hoping to buy or refinance a home in Napa and American Canyon just got a new advocateAJ Paniagua, mortgage loan officer at Redwood CU.
Texas Trust Credit Union and UTA Athletics Hosting Super Smash Bros. Ultimate ESports Tournament
Texas Trust Credit Union and UTA Athletics are partnering to deliver the universitys first esports tournament for everyday players.
CUNA Strategic Services Announces Ranqx as Newest Alliance Provider
CUNA Strategic Services is proud to announce Ranqx as the latest addition to its family of alliance providers. Founded in New Zealand and now making ...
MeridianLink Mortgage Partners with Industry Leader to Help Innovative Financial Institutions Profit from Opportunities in Residential Lending
MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, has partnered with Jim Deitch, Certified Mortgage ...
Alogent Eliminates Legacy Document Tracking and Streamlines Loan Management with its AccuAccount Platform at Mercantile Bank
Alogent announced that Mercantile Bank, $5.1 billion in assets, has implemented AccuAccount, its core-integrated document management software platform for loans and exception tracking. By simplifying ...
27 Small Credit Unions Select I-Care for their Employee Health Plans
InterLutions, an employee benefits CUSO, recently welcomed 27 credit unions to its “I-Care Family.” The innovative health plan solution, called I-Care, leverages data, technology, and ...
2023 Illinois Credit Unions Awarded National Recognition from CUNA
Six Illinois credit unions were awarded national recognition by the Credit Union National Association (CUNA) for their hard work and dedication to their members and ...
United Names New Mortgage Advisor in St. Joseph, Michigan
United Federal Credit Union (United) is pleased to announce the appointment of Joy Cluff to Mortgage Advisor in St. Joseph. Cluff is based at United’s ...