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

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.

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 university’s first esports tournament for everyday players.

Tina Clossick Joins Coastal Credit Union as VP, Corporate Partnerships

Coastal Credit Union has hired Tina Clossick as the organization’s new VP of Corporate Partnerships. In that role, she will lead and develop...

TopLine Federal Credit Union Recognized For Best Marketing Efforts

TopLine Is Honored In Three Major Marketing Categories by the Minnesota Credit Union Network.

The Servion Group Announces Annual Board Reorganization

The Servion Group, an award winning CUSO serving more than 450 credit unions, is pleased to announce its newly elected board members.

Reimagining the Branch, the Workforce and Being the Change

“So much has changed in our expectations of work and being in an office,” said Bill Cheney, President/CEO at SchoolsFirst Federal Credit Union.

Sunmark Credit Union Announces Executive Appointments

Sunmark Credit Union has announced three additions to their executive leadership team as the credit union prepares for continued growth and expansion.

Baker Market Update: March 19, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210319-lunch-with-lester/

Credit Unions For Kids Wine Auction Raises $1.17M For Children’s Miracle Network Hospitals

Virtual Auction raises more than $1 Million for seventh consecutive year totals $11 Million for CMN Hospitals in sixteen years

Oscar Porras Name Senior Consultant, Diversity, Equity and Inclusion at Humanidei & O’Rourke

Humanidei + O’Rourke is proud to announce that Oscar Porras will join the company as Senior Consultant: Diversity, Equity, and Inclusion.

ELECTRO SAVINGS CREDIT UNION BIDS GOOD-BYE AND WELCOME HOME TO CFOs

Electro welcomes Patti Poe as its new Vice President of Finance & Lending and CFO.

Baker Market Update: March 22, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210322-latte-with-lester/

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.

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 university’s first esports tournament for everyday players.

Tina Clossick Joins Coastal Credit Union as VP, Corporate Partnerships

Coastal Credit Union has hired Tina Clossick as the organization’s new VP of Corporate Partnerships. In that role, she will lead and develop...

TopLine Federal Credit Union Recognized For Best Marketing Efforts

TopLine Is Honored In Three Major Marketing Categories by the Minnesota Credit Union Network.

The Servion Group Announces Annual Board Reorganization

The Servion Group, an award winning CUSO serving more than 450 credit unions, is pleased to announce its newly elected board members.

Reimagining the Branch, the Workforce and Being the Change

“So much has changed in our expectations of work and being in an office,” said Bill Cheney, President/CEO at SchoolsFirst Federal Credit Union.

Sunmark Credit Union Announces Executive Appointments

Sunmark Credit Union has announced three additions to their executive leadership team as the credit union prepares for continued growth and expansion.

Baker Market Update: March 19, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210319-lunch-with-lester/

Credit Unions For Kids Wine Auction Raises $1.17M For Children’s Miracle Network Hospitals

Virtual Auction raises more than $1 Million for seventh consecutive year totals $11 Million for CMN Hospitals in sixteen years

Oscar Porras Name Senior Consultant, Diversity, Equity and Inclusion at Humanidei & O’Rourke

Humanidei + O’Rourke is proud to announce that Oscar Porras will join the company as Senior Consultant: Diversity, Equity, and Inclusion.

ELECTRO SAVINGS CREDIT UNION BIDS GOOD-BYE AND WELCOME HOME TO CFOs

Electro welcomes Patti Poe as its new Vice President of Finance & Lending and CFO.

Baker Market Update: March 22, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210322-latte-with-lester/

Ecority Poised to Help Credit Unions Become Nationwide Leaders in Green Lending with $14B+ Grant Application

Ecority, a nonprofit that has built a national coalition of credit unions and state-chartered green banks, applied to the $27B EPA-administered Greenhouse Gas Reduction Fund. ...

OCCU Foundation Golf Classic supports hungry local families

OCCU Foundation’s second annual Golf Classic raised more than $200,000. Proceeds will go directly to local food security programs for children and families in need ...

CU Alliance Welcomes New Owner and Investor: IHMVCU

Houston, TX. November 7, 2023. CU Alliance®, a versatile Credit Union Service Organization (CUSO) offering a range of services, is delighted to announce IH Mississippi ...

BECU Welcomes Jason Rudman as Chief Member and Digital Experience Officer

BECU, the country’s fourth-largest credit union, today announced it has appointed Jason Rudman as executive vice president and chief member and digital experience officer.

SECU’s Annual Statewide Toy Drive is Now Underway

State Employees’ Credit Union (SECU) is excited to announce that its second annual statewide Toy Drive is officially underway. All 275 branches throughout the state ...

Ashish Garg, CEO of Eltropy Wins BAI Global Innovation 2023 Rising Star Award

Ashish Garg, Co-founder and CEO of Eltropy, the leading digital conversations platform for community financial institutions (CFIs), has been recognized for his contributions to financial ...
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