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

SECU Foundation Provides $200,000 Grant for Project Addressing Student Learning Inequities

SECU Foundation has awarded a $200,000 grant to the North Carolina Education Fund in support of a new project.

Tower Federal Credit Union’s VP of Information Security & ISO Joins Panel of Aronson P2B, a Shark Tank-style Tech Event

Phil Mellinger will serve as a panelist at Aronson P2B, an innovative virtual tech event similar to ABC’s popular reality show, Shark Tank.

Fulton Bank Streamlines Foreign Exchange and Trade Finance Operations with Finzly FX STAR and EXIM STAR

Fulton Bank gains significant operational efficiencies in its foreign exchange initiatives through the use of Finzly’s FX STAR and EXIM STAR solutions

Calderon promoted to SVP

Stacey Calderon has been promoted to SVP/Chief Lending Officer at Cherokee Strip Credit Union. Thanks in advance, for your support of this milestone.

New Hampshire FCU announces the retirement of John R. Young, President/CEO. NHFCU’s Board of Directors has engaged Humanidei + O’Rourke to assist them with their search process.

New Hampshire Federal Credit Union announces the retirement of John R. Young, President/CEO. Mr. Young plans to retire at the conclusion of 2021.

Arizona Federal Credit Union Announces Completion of Historic Acquisition

The landmark acquisition of Pinnacle Bank by Arizona Federal Credit Union has changed the local banking landscape in the Phoenix area.

ALLIANT CREDIT UNION EXPANDS VEHICLE LEASING PROGRAM, POWERED BY CULA

Credit Union Leasing of America (CULA) is helping power the expansion of Alliant Credit Union’s vehicle leasing program into Pennsylvania.

Baker Market Update: March 15, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210315-latte-with-lester/

Filene Launches Center of Excellence on Credit Union Innovation and Incubation

Filene Research Institute launches its Center of Excellence for Innovation and Incubation and welcomes Dr. Jeffrey Robinson as its research fellow.

Baker Market Update: March 12, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210312-lunch-with-lester/

CreditUnions.com Announces 2021 Innovation Series Winners

Open Lending, Abe.ai, and VisiFI are the winners of CreditUnions.com’s fourth?annual Innovation Series.

Trust for Credit Unions’ Assets Grow Nearly 4X Faster than Total Industry Investments

Assets under management in the Trust for Credit Unions (TCU) increased by 215% in 2020 compared with the industry’s total investment growth of 55%.

PSCU and Allied Solutions Partner to Provide Delinquency Management Services

PSCU and Allied Solutions have partnered to provide financial institutions with single-source delinquency management services and support.

Clearview Federal Credit Union announces new Vice President of Lending

Clearview Federal Credit Union, Pittsburgh’s largest credit union, has hired Dustin Holmberg to serve as its new Vice President of Lending. The positi

Dr. Russell Anderson Joins JUDI.AI as Chief Credit Scientist

Dr. Russell Anderson has joined JUDI.AI as Chief Credit Scientist. He will drive the data science strategy behind our credit risk models and analytics

PSECU Gift Supports NICU Patients at Penn State Children’s Hospital

PSECU has committed $10,000 to Children’s Miracle Network to purchase equipment that brings comfort to babies in Penn State Children's Hospital.

Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members.

Wescom “Springs” for Free Coffee on Daylight Saving Day

Part of its #WescomKindness initiative, Wescom Credit Union will offer Southern Californians a free cup of Coffee on Daylight Savings Day this Sunday.

TruMark Financial® Credit Union donates $30,000 to Philabundance

Due to the pandemic, millions of Americans are out of work and unable to provide adequate nourishment for themselves and for their families. To help ...

Bay Federal Credit Union Welcomes Back Brooke Morley as Vice President of Asset Management

Bay Federal Credit Union is excited to welcome back to the organization Brooke Morley, who is re-joining the Credit Union as their new Vice President.

Dolphin Debit and GRG International Partner to Deliver Outsourcing Services to GRG’s ATM Distributors

Dolphin Debit and GRG International are partnering to deliver outsourcing services to GRG ATM channel partners in the U.S.
Personnel Promotions

HC3 Promotes Four to Support Company’s Growth in Helping Banks and Credit Unions Communicate with Customers in Meaningful Ways

HC3 promotes four to leadership roles

Sontiq Acquires Fintech Provider Breach Clarity

Sontiq adds nationally known fraud, banking and AI experts to lead company’s data breach and financial fraud protection initiatives

Lafayette Federal Credit Union Signs with Corelation to Help Them Better Compete in DC Market

Corelation’s architectural advancements lead $882 million Lafayette FCU to select KeyStone after more than 30 years with its current core processor.

Finastra successfully migrates Fusion Phoenix core clients to Microsoft Azure

Finastra successfully migrates Fusion Phoenix core clients to Microsoft Azure.

Underground Announces Enterprise Xchanges – Shifting the Industry Inside Out with Vulnerable Collaboration

Mitchell, Stankovic & Associates Underground announces a new service, Enterprise Xchanges.

Hellenic Bank Debuts Cutting Edge Retail Banking App in Partnership with Backbase

Backbase’s Engagement Banking Platform helps leading Cypriot bank increase monthly active users by 16%

Access Softek Survey: Financial Institutions Need Universal Mobile Biometrics to Modernize the User Experience

Access Softek, Inc., an omnichannel digital banking platform provider, released a survey outlining consumers’ interest in biometric authentication met

Patelco Credit Union Among Top 10 on Bankrate’s Best Credit Unions of 2021 List

Patelco Credit Union ranks eighth on Bankrate’s Best Credit Unions of 2021 list, earning 4.4 out of five stars from the personal finance resource.

Alaska USA Foundation donates $15,000 to local nonprofits in Alaska and Arizona

Alaska USA Foundation donates $15,000 to three different local nonprofits in Alaska and Arizona.

SECU Foundation Provides $200,000 Grant for Project Addressing Student Learning Inequities

SECU Foundation has awarded a $200,000 grant to the North Carolina Education Fund in support of a new project.

Tower Federal Credit Union’s VP of Information Security & ISO Joins Panel of Aronson P2B, a Shark Tank-style Tech Event

Phil Mellinger will serve as a panelist at Aronson P2B, an innovative virtual tech event similar to ABC’s popular reality show, Shark Tank.

Fulton Bank Streamlines Foreign Exchange and Trade Finance Operations with Finzly FX STAR and EXIM STAR

Fulton Bank gains significant operational efficiencies in its foreign exchange initiatives through the use of Finzly’s FX STAR and EXIM STAR solutions

Calderon promoted to SVP

Stacey Calderon has been promoted to SVP/Chief Lending Officer at Cherokee Strip Credit Union. Thanks in advance, for your support of this milestone.

New Hampshire FCU announces the retirement of John R. Young, President/CEO. NHFCU’s Board of Directors has engaged Humanidei + O’Rourke to assist them with their search process.

New Hampshire Federal Credit Union announces the retirement of John R. Young, President/CEO. Mr. Young plans to retire at the conclusion of 2021.

Arizona Federal Credit Union Announces Completion of Historic Acquisition

The landmark acquisition of Pinnacle Bank by Arizona Federal Credit Union has changed the local banking landscape in the Phoenix area.

ALLIANT CREDIT UNION EXPANDS VEHICLE LEASING PROGRAM, POWERED BY CULA

Credit Union Leasing of America (CULA) is helping power the expansion of Alliant Credit Union’s vehicle leasing program into Pennsylvania.

Baker Market Update: March 15, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210315-latte-with-lester/

Filene Launches Center of Excellence on Credit Union Innovation and Incubation

Filene Research Institute launches its Center of Excellence for Innovation and Incubation and welcomes Dr. Jeffrey Robinson as its research fellow.

Baker Market Update: March 12, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210312-lunch-with-lester/

CreditUnions.com Announces 2021 Innovation Series Winners

Open Lending, Abe.ai, and VisiFI are the winners of CreditUnions.com’s fourth?annual Innovation Series.

Trust for Credit Unions’ Assets Grow Nearly 4X Faster than Total Industry Investments

Assets under management in the Trust for Credit Unions (TCU) increased by 215% in 2020 compared with the industry’s total investment growth of 55%.

PSCU and Allied Solutions Partner to Provide Delinquency Management Services

PSCU and Allied Solutions have partnered to provide financial institutions with single-source delinquency management services and support.

Clearview Federal Credit Union announces new Vice President of Lending

Clearview Federal Credit Union, Pittsburgh’s largest credit union, has hired Dustin Holmberg to serve as its new Vice President of Lending. The positi

Dr. Russell Anderson Joins JUDI.AI as Chief Credit Scientist

Dr. Russell Anderson has joined JUDI.AI as Chief Credit Scientist. He will drive the data science strategy behind our credit risk models and analytics

PSECU Gift Supports NICU Patients at Penn State Children’s Hospital

PSECU has committed $10,000 to Children’s Miracle Network to purchase equipment that brings comfort to babies in Penn State Children's Hospital.

Redstone Federal Credit Union Expands Partnership with NCR Corporation to Enhance Business Banking

Redstone Federal Credit Union has selected NCR to provide a more seamless, comprehensive business banking experience for its members.

Wescom “Springs” for Free Coffee on Daylight Saving Day

Part of its #WescomKindness initiative, Wescom Credit Union will offer Southern Californians a free cup of Coffee on Daylight Savings Day this Sunday.

TruMark Financial® Credit Union donates $30,000 to Philabundance

Due to the pandemic, millions of Americans are out of work and unable to provide adequate nourishment for themselves and for their families. To help ...

Bay Federal Credit Union Welcomes Back Brooke Morley as Vice President of Asset Management

Bay Federal Credit Union is excited to welcome back to the organization Brooke Morley, who is re-joining the Credit Union as their new Vice President.

Dolphin Debit and GRG International Partner to Deliver Outsourcing Services to GRG’s ATM Distributors

Dolphin Debit and GRG International are partnering to deliver outsourcing services to GRG ATM channel partners in the U.S.
Personnel Promotions

HC3 Promotes Four to Support Company’s Growth in Helping Banks and Credit Unions Communicate with Customers in Meaningful Ways

HC3 promotes four to leadership roles

Sontiq Acquires Fintech Provider Breach Clarity

Sontiq adds nationally known fraud, banking and AI experts to lead company’s data breach and financial fraud protection initiatives

Lafayette Federal Credit Union Signs with Corelation to Help Them Better Compete in DC Market

Corelation’s architectural advancements lead $882 million Lafayette FCU to select KeyStone after more than 30 years with its current core processor.

Finastra successfully migrates Fusion Phoenix core clients to Microsoft Azure

Finastra successfully migrates Fusion Phoenix core clients to Microsoft Azure.

Underground Announces Enterprise Xchanges – Shifting the Industry Inside Out with Vulnerable Collaboration

Mitchell, Stankovic & Associates Underground announces a new service, Enterprise Xchanges.

Hellenic Bank Debuts Cutting Edge Retail Banking App in Partnership with Backbase

Backbase’s Engagement Banking Platform helps leading Cypriot bank increase monthly active users by 16%

Access Softek Survey: Financial Institutions Need Universal Mobile Biometrics to Modernize the User Experience

Access Softek, Inc., an omnichannel digital banking platform provider, released a survey outlining consumers’ interest in biometric authentication met

Patelco Credit Union Among Top 10 on Bankrate’s Best Credit Unions of 2021 List

Patelco Credit Union ranks eighth on Bankrate’s Best Credit Unions of 2021 list, earning 4.4 out of five stars from the personal finance resource.

Alaska USA Foundation donates $15,000 to local nonprofits in Alaska and Arizona

Alaska USA Foundation donates $15,000 to three different local nonprofits in Alaska and Arizona.

Service One Credit Union Announces New VP Strategic Finance/Controller

Hello, Please find attached a News Release from Service One Credit Union. This is a new position and a new associate for the organization. Let ...

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 ...
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