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

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.

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.

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.

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.

Co-op Solutions Takes Home ‘Fintech Company of the Year’ Honors

Credit union payments fintech Co-op Solutions took home “Fintech Company of the Year” honors in the annual Prometheus Awards, held November 2 in Des Moines, ...

Service One Credit Union Promotes Jonathan Turner

Service One Credit Union is excited to announce the promotion of Jonathan Turner to Director of Wealth Management. In this role, Jonathan will continue to ...

Eltropy Ranks No. 1 on Silicon Valley Business Journal’s Fastest Growing Private Companies List for 2023

Eltropy has been named the No. 1 fastest-growing private company in Silicon Valley for 2023 by the Silicon Valley Business Journal. The award is the ...

Chuck Purvis to Lead Ecority as Interim CEO

Chuck Purvis has been named Interim CEO and Board Member of Ecority, a nonprofit that has built a national coalition of credit unions and state-chartered ...

SchoolsFirst Federal Credit Union Celebrates International Credit Union Day

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, celebrated the 75th anniversary of International Credit Union Day on Oct. ...

Indiana Members Credit Union Contributes $1,500 to New Palestine High School

Indiana Members Credit Union presented a check for $1,500 to New Palestine Schools as part of an ongoing school spirit debit card program and sponsorship.
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