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.
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 Scienaptics AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptics 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 Countys 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 Firsts 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 Firsts 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.
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 advocateAJ Paniagua, mortgage loan officer at Redwood CU.
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 Scienaptics AI-Powered Credit Decisioning Platform to Improve All Facets of Their Underwriting Process and Financial Risk ManagementMCMC Auto Chooses Scienaptics 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 Countys 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 Firsts 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 Firsts 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.
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 advocateAJ Paniagua, mortgage loan officer at Redwood CU.
Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union
Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. This event is designed to ...
LGE Foundation donates $284,000 to local nonprofits
On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.
California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital
Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff Children’s Hospital leadership on behalf ...
Members Drive Growth as Truliant Surpasses $5 Billion in Assets
Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after the credit union passed the ...
United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras
United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Baker Market Update – Week in Review: December 15, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.