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

Sontiq Hosts Webinar Addressing Multi-Layered Strategies for Credit Unions to Mitigate Fraud and Protect Members

Leaders interested in understanding more about the relationship risks of cyber threats and financial fraud are encouraged to attend.

Nusenda Credit Union Awards $30,000 COVID Relief Grant to Aid Northern N.M. Students, Frontline Medical Workers, Patients

Nusenda Credit Union today announced it has awarded a $30,000 grant to the Taos Community Foundation to help address COVID-related needs.

Connex Helps Families Transition out of Homelessness

Credit Union donated $1,500 and nearly 250 household items

Jim McCabe Named VP of Operations at LenderSelect Mortgage Group

LenderSelect Mortgage Group, a DBA of Blue Ridge Bank, N.A., announces Jim McCabe as VP of Operations.

Leaders Credit Union Goes Live with Sensibill for Digital Receipt Management

Sensibill announced its partnership with Leaders Credit Union to support the credit union’s mission to help members strengthen financial health.

GreenState Invests to Help Close Iowa’s Racial Homeownership Gap

GreenState has released a new community investment statement to address the homeownership gap in Iowa.

January 30 Application Deadline Approaching For Bay Federal Credit Union Education Scholarship

Bay Federal Credit Union is now accepting applications for its 2021 Education Scholarship contest.

National Cooperative Bank Partners with Wright-Patt Credit Union to Provide $16 Million to Five Rivers Health Centers New Facility

National Cooperative Bank (NCB) along with Wright-Patt Credit Union, (WPCU) recently closed a $16 million loan to support a $31.6 million New Markets Tax Credit ...

Wright-Patt Credit Union Partners with National Cooperative Bank to Provide $16 Million to Five Rivers Health Centers New Facility

Wright-Patt Credit Union (WPCU), along with National Cooperative Bank (NCB), closed a $16 million loan for Five Rivers Health Centers' new facility.
Personnel Promotions

MSUFCU Names Four to Management Roles

MSU Federal Credit Union (MSUFCU) has promoted four employees to management positions.

U.S. Eagle Federal Credit Union and Crane Credit Union Sign for Access Softek’s Real-Time Fraud Control to Keep Members Safe

Access Softek, an omnichannel digital banking platform provider, announced that both U.S. Eagle Federal Credit Union and Crane Credit Union have signed on for its ...

United Federal Credit Union Sponsors Programs for Donald W. Reynolds Boys & Girls Club

United Federal Credit Union is donating $4,000 to the Donald W. Reynolds Boys & Girls Club in Fayetteville, Arkansas to support community programs.

CUNA Strategic Services and InterLutions Connect to Deliver Enhanced Employee Benefits to Credit Unions

InterLutions CUSO launched an alliance with CUNA Strategic Services (CSS) to provide more credit unions with access to I-Care.

Baker Market Update: January 25, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210125-latte-with-lester/
Personnel Promotions

United Federal Credit Union Names Ted Strawbridge Mortgage Advisor in Niles, MI

United Federal Credit Union is pleased to announce the appointment of Ted Strawbridge as Mortgage Advisor at United’s Niles South branch.

CUES Launches Online DEI Resource Center to Support the Industry

CUES has released a new DEI Resource Center, following up on its commitment to support the industry in creating diverse & inclusive work environments.

Oregon Community Credit Union implements $15/hour minimum starting wage

Oregon Community Credit Union (OCCU) is implementing a $15-per-hour minimum starting wage; surpassing both Oregon and federal minimum wage thresholds.
Personnel Promotions

The Baker Group LP Promotes Kathryn Phillips to Chief Operating Officer

The Baker Group LP is pleased to announce the promotion of Kathryn Phillips, CPA, to Chief Operating Officer.

Honda Federal Credit Union partners with iGrad to Offer the Enrich Financial Wellness Platform to its Nearly 70,000 Members

Honda Federal Credit Union has partnered with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its nearly 70,000 ...

Indiana Members Credit Union Collects Truckloads of Toys and over $730 for U.S. Marine Corps Reserve Toys for Tots Program

Indiana Members CU collected truckloads of toys and over $730 in donations for the 2020 U.S. Marine Corps Reserve Toys for Tots Program.

Travis Credit Union Announces New Appointment of General Counsel

Travis Credit Union is pleased to announce the appointment of Michael J. Levy in the new role of General Counsel.

Less Touching, More Tapping: FI’s Boraden Payment Options with Jack Henry Contactless Cards

Commonwealth Bank & Trust and Goldenwest Federal Credit Union among financial institutions using Jack Henry's secure EMV contactless cards

North Bay Credit Union selected as preferred partner for Cannabis Association

North Bay Credit Union has been selected as the Preferred Banking Partner of the California Cannabis Industry Association

Laura Szpont Named EVP/COO for Commercial Alliance, LLC

Commercial Alliance, its Board of Directors and Terry McHugh are proud to announce the appointment of Laura Szpont to Executive Vice President and Chief Operating ...

Credit union DEI webinar series aims to spark conversation and action

Presented by HCUA and AACUC, Be Better. Do Better is a candid conversation on diversity, equity and inclusion (DEI) for credit union leaders.

UMassFive Donates Hundreds of Winter Coats and Clothes

UMassFive is happy to share that their members, staff, and community partners have donated hundreds of winter coats and clothing.

NEFCU Announces 2021 Nursing Scholarships

New England Federal Credit Union (NEFCU) Announced Today Its 2021 Nursing Scholarships

BCU Gives Members Special Access To Innovative College Planning Tools

In partnership with Student Choice and Edmit, BCU is helping student members and their families make smarter financial decisions for college.

BCU Selects Glia’s Digital Member Service Platform

Glia announced today that BCU has selected its Digital Member Service platform to enhance how it serves members in a digital-first world.

Depreciation Protection Adds $1.2B in New Client Assets

Depreciation Protection has added four credit unions from four different states to its roster of clients who now offer vehicle depreciation coverage.

Sontiq Hosts Webinar Addressing Multi-Layered Strategies for Credit Unions to Mitigate Fraud and Protect Members

Leaders interested in understanding more about the relationship risks of cyber threats and financial fraud are encouraged to attend.

Nusenda Credit Union Awards $30,000 COVID Relief Grant to Aid Northern N.M. Students, Frontline Medical Workers, Patients

Nusenda Credit Union today announced it has awarded a $30,000 grant to the Taos Community Foundation to help address COVID-related needs.

Connex Helps Families Transition out of Homelessness

Credit Union donated $1,500 and nearly 250 household items

Jim McCabe Named VP of Operations at LenderSelect Mortgage Group

LenderSelect Mortgage Group, a DBA of Blue Ridge Bank, N.A., announces Jim McCabe as VP of Operations.

Leaders Credit Union Goes Live with Sensibill for Digital Receipt Management

Sensibill announced its partnership with Leaders Credit Union to support the credit union’s mission to help members strengthen financial health.

GreenState Invests to Help Close Iowa’s Racial Homeownership Gap

GreenState has released a new community investment statement to address the homeownership gap in Iowa.

January 30 Application Deadline Approaching For Bay Federal Credit Union Education Scholarship

Bay Federal Credit Union is now accepting applications for its 2021 Education Scholarship contest.

National Cooperative Bank Partners with Wright-Patt Credit Union to Provide $16 Million to Five Rivers Health Centers New Facility

National Cooperative Bank (NCB) along with Wright-Patt Credit Union, (WPCU) recently closed a $16 million loan to support a $31.6 million New Markets Tax Credit ...

Wright-Patt Credit Union Partners with National Cooperative Bank to Provide $16 Million to Five Rivers Health Centers New Facility

Wright-Patt Credit Union (WPCU), along with National Cooperative Bank (NCB), closed a $16 million loan for Five Rivers Health Centers' new facility.
Personnel Promotions

MSUFCU Names Four to Management Roles

MSU Federal Credit Union (MSUFCU) has promoted four employees to management positions.

U.S. Eagle Federal Credit Union and Crane Credit Union Sign for Access Softek’s Real-Time Fraud Control to Keep Members Safe

Access Softek, an omnichannel digital banking platform provider, announced that both U.S. Eagle Federal Credit Union and Crane Credit Union have signed on for its ...

United Federal Credit Union Sponsors Programs for Donald W. Reynolds Boys & Girls Club

United Federal Credit Union is donating $4,000 to the Donald W. Reynolds Boys & Girls Club in Fayetteville, Arkansas to support community programs.

CUNA Strategic Services and InterLutions Connect to Deliver Enhanced Employee Benefits to Credit Unions

InterLutions CUSO launched an alliance with CUNA Strategic Services (CSS) to provide more credit unions with access to I-Care.

Baker Market Update: January 25, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210125-latte-with-lester/
Personnel Promotions

United Federal Credit Union Names Ted Strawbridge Mortgage Advisor in Niles, MI

United Federal Credit Union is pleased to announce the appointment of Ted Strawbridge as Mortgage Advisor at United’s Niles South branch.

CUES Launches Online DEI Resource Center to Support the Industry

CUES has released a new DEI Resource Center, following up on its commitment to support the industry in creating diverse & inclusive work environments.

Oregon Community Credit Union implements $15/hour minimum starting wage

Oregon Community Credit Union (OCCU) is implementing a $15-per-hour minimum starting wage; surpassing both Oregon and federal minimum wage thresholds.
Personnel Promotions

The Baker Group LP Promotes Kathryn Phillips to Chief Operating Officer

The Baker Group LP is pleased to announce the promotion of Kathryn Phillips, CPA, to Chief Operating Officer.

Honda Federal Credit Union partners with iGrad to Offer the Enrich Financial Wellness Platform to its Nearly 70,000 Members

Honda Federal Credit Union has partnered with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its nearly 70,000 ...

Indiana Members Credit Union Collects Truckloads of Toys and over $730 for U.S. Marine Corps Reserve Toys for Tots Program

Indiana Members CU collected truckloads of toys and over $730 in donations for the 2020 U.S. Marine Corps Reserve Toys for Tots Program.

Travis Credit Union Announces New Appointment of General Counsel

Travis Credit Union is pleased to announce the appointment of Michael J. Levy in the new role of General Counsel.

Less Touching, More Tapping: FI’s Boraden Payment Options with Jack Henry Contactless Cards

Commonwealth Bank & Trust and Goldenwest Federal Credit Union among financial institutions using Jack Henry's secure EMV contactless cards

North Bay Credit Union selected as preferred partner for Cannabis Association

North Bay Credit Union has been selected as the Preferred Banking Partner of the California Cannabis Industry Association

Laura Szpont Named EVP/COO for Commercial Alliance, LLC

Commercial Alliance, its Board of Directors and Terry McHugh are proud to announce the appointment of Laura Szpont to Executive Vice President and Chief Operating ...

Credit union DEI webinar series aims to spark conversation and action

Presented by HCUA and AACUC, Be Better. Do Better is a candid conversation on diversity, equity and inclusion (DEI) for credit union leaders.

UMassFive Donates Hundreds of Winter Coats and Clothes

UMassFive is happy to share that their members, staff, and community partners have donated hundreds of winter coats and clothing.

NEFCU Announces 2021 Nursing Scholarships

New England Federal Credit Union (NEFCU) Announced Today Its 2021 Nursing Scholarships

BCU Gives Members Special Access To Innovative College Planning Tools

In partnership with Student Choice and Edmit, BCU is helping student members and their families make smarter financial decisions for college.

BCU Selects Glia’s Digital Member Service Platform

Glia announced today that BCU has selected its Digital Member Service platform to enhance how it serves members in a digital-first world.

Depreciation Protection Adds $1.2B in New Client Assets

Depreciation Protection has added four credit unions from four different states to its roster of clients who now offer vehicle depreciation coverage.

OCCU’s four-day workweek pilot shows benefits for members and team

Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already seeing results in the form ...

United Federal Credit Union Names New Mortgage Advisor in Reno, Nevada

United Federal Credit Union (United) is pleased to announce the appointment of Beatriz Pico to Mortgage Advisor in Reno. Pico is based at United’s loan ...

SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students

State Employees’ Credit Union (SECU) announced today its support for the 2023 Governor’s School Supply Drive to help teachers and students get the items they ...

How Financial Institutions Should Prepare for the Return of Student Loan Repayments

With President Biden’s student loan relief plan invalidated by the Supreme Court, borrowers will resume payments on their student loans this September. We have already ...

Baker Market Update – Week in Review: July 21, 2023

Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.

Catalyst Corporate Announces First Member Credit Union is Live on the Federal Reserve’s FedNow Service through Catalyst

Catalyst Corporate Federal Credit Union announces Tucson, Arizona-based Pima Federal Credit Union is now live and successfully receiving instant payment transactions on the Federal Reserve’s ...
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