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.

myCUmortgage Awards Partner Credit Unions and Loan Originators who Amped Up Their Mortgage Business

Recognitions for assisting more members with homeownership announced as part of the 2023 myCUmortgage Partner Conference Awards Luncheon

GTE Financial Signs Multi-Year Partnership With Tampa Bay Lightning As Official Credit Union

GTE Financial is proud to announce they have been named the Official Credit Union of the Tampa Bay Lightning. The credit union has signed a ...

MassMutual Federal Credit Union Selects Lisa Asadourian as President/CEO

Springfield, MA, October 24, 2023. The Board of Directors of MassMutual Federal Credit Union is pleased to announce the selection of Lisa Asadourian as the ...

UMassFive Receives Dora Maxwell Social Responsibility Community Service Award

UMassFive has received the first place Dora Maxwell Social Responsibility Community Service Award for 2023 in the state of Massachusetts. This annual award is given ...

2023 CUES Individual Awards Winners Announced

Talent development leader CUES is pleased to announce the winners of its annual individual awards and the class of 2023 Hall of Fame inductees. Winners ...

CUSO’s Health Insurance Agency Continues Expansion, Hires Emily Turnbull as Benefits Consultant

InterLutions, a CUSO delivering innovative and collaborative employee benefit solutions to credit union employees, members, and business accounts, is excited to welcome Emily Turnbull to ...
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