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 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.

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.
Personnel Promotions

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 advocate—AJ Paniagua, mortgage loan officer at Redwood CU.

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.

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.
Personnel Promotions

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 advocate—AJ Paniagua, mortgage loan officer at Redwood CU.

1st United Credit Union is Collecting Supplies for Local Schools

School supplies for elementary, middle, and high school students can be dropped off at any of 1st United’s nine branches. And since schools need supplies ...

Service Credit Union Joins the FedNow® Service with the Vertifi Software Solution

Service Credit Union announced today it is live on the Federal Reserve’s FedNow Service. The largest credit union in New Hampshire, Service Credit Union worked ...

Gulf Winds Hosts First Time Homebuyers Workshop

The Gulf Winds Cares Foundation is partnering with the University of West Florida’s Louis Maygarden Center for Financial Literacy to educate students and community members ...

Announcing the hiring of Chris Dahlgren to lead our credit union regulatory team and bolster Baker Loan Solutions.

The Baker Group is committed to continued expansion and improvement of our credit union platform. We are excited to announce the hiring of Chris Dahlgren ...

Coastal Credit Union Hires Mia Vista Perez as Chief Administrative Officer

Perez brings more than 30 years of credit union experience to Coastal, including 11 years as Chief Administrative Officer and Chief Strategy and People Officer ...

Dean Michaels Named President/CEO of Co-op Solutions

Todd Clark has departed as President/CEO of Co-op Solutions after leading the company through more than seven years of expansive growth in revenues, product offerings ...
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