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

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.

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.

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.

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.

TopLine Financial Credit Union Helps Distribute 1,080 Backpacks To Local Youth And Families In St. Paul Communities

TopLine Financial Credit Union participated in Keystone Communities Services’ school supply distribution event helping to distribute backpacks filled with school supplies to local students and ...

NBCU Named One of Best Credit Unions in the nation to work for

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Discover How Eglin Federal Credit Union is Leveraging Eltropy’s AI Agent Product for Member Engagement and Growth

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), announced an upcoming webinar that will delve into the remarkable benefits of their AI ...

Christians Rally to Support the People of Maui

With the belief of being stronger together, Christian Community Credit Union (CCCU) sent an urgent message to the entire membership database, rallying the community to ...

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 ...
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