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

CuneXus Study Reports Improved Loan Portfolio Growth for Participating Credit Unions

CuneXus announced a study that credit unions experienced a 17.3% increase in average number of loans within one year of implementing its product.

Arlington Mayor’s Proclamation Honors Texas Trust CEO Jim Minge

During a surprise ceremony at Texas Trust, Jeff Williams, Mayor of Arlington, issued a proclamation to celebrate and recognize CEO, Jim Minge.

Bay Federal Credit Union Welcomes Aaron Ikezawa as Card Services Manager

Bay Federal Credit Union has announced that Aaron Ikezawa as joined the organization as their new Card Services Manager.

OCCU announces 2021 board officers, new supervisory committee members

OCCU announces 2021 board officers, new supervisory committee members (with photo links).

Cirrus Supports Pursuit In Bringing Financial Assistance To Small Businesses Through Queens Small Business Grant Program

Pursuit leverages Cirrus’ secure document collection and collaboration portal as a key component of the NYC-based Queens Small Business Grant Program.

Alaska USA Hosts Vaccine Clinic for Employees

Alaska USA Hosts Vaccine Clinic for Employees in Anchorage, Alaska.

UMassFive Collecting Personal Care Items for Local Survival Centers

During the month of May, the Hadley and Northampton Branches of UMassFive are holding a Personal Care Items Drive to benefit Survival Centers.

eCU Technology Announces May & June Webinars on Driving Digital Growth

Community financial institutions of all sizes are invited to register for eCU Technology's free, informative webinar series.

Marine Credit Union Foundation’s Majel Hein receives Gov. Evers’ Financial Literacy Legacy Award

Wisconsin Governor Evers recognized Majel Hein, Senior Financial Literacy Counselor with the Marine Credit Union Foundation, with a legacy award.

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.

CuneXus Study Reports Improved Loan Portfolio Growth for Participating Credit Unions

CuneXus announced a study that credit unions experienced a 17.3% increase in average number of loans within one year of implementing its product.

Arlington Mayor’s Proclamation Honors Texas Trust CEO Jim Minge

During a surprise ceremony at Texas Trust, Jeff Williams, Mayor of Arlington, issued a proclamation to celebrate and recognize CEO, Jim Minge.

Bay Federal Credit Union Welcomes Aaron Ikezawa as Card Services Manager

Bay Federal Credit Union has announced that Aaron Ikezawa as joined the organization as their new Card Services Manager.

OCCU announces 2021 board officers, new supervisory committee members

OCCU announces 2021 board officers, new supervisory committee members (with photo links).

Cirrus Supports Pursuit In Bringing Financial Assistance To Small Businesses Through Queens Small Business Grant Program

Pursuit leverages Cirrus’ secure document collection and collaboration portal as a key component of the NYC-based Queens Small Business Grant Program.

Alaska USA Hosts Vaccine Clinic for Employees

Alaska USA Hosts Vaccine Clinic for Employees in Anchorage, Alaska.

UMassFive Collecting Personal Care Items for Local Survival Centers

During the month of May, the Hadley and Northampton Branches of UMassFive are holding a Personal Care Items Drive to benefit Survival Centers.

eCU Technology Announces May & June Webinars on Driving Digital Growth

Community financial institutions of all sizes are invited to register for eCU Technology's free, informative webinar series.

Marine Credit Union Foundation’s Majel Hein receives Gov. Evers’ Financial Literacy Legacy Award

Wisconsin Governor Evers recognized Majel Hein, Senior Financial Literacy Counselor with the Marine Credit Union Foundation, with a legacy award.

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.

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.

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater Battle Creek Area.
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