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

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.

MEMBERS ADVANTAGE COMMUNITY CREDIT UNION & RIVER VALLEY CREDIT UNION PARTNER

The two credit unions merged to expand membership throughout the entire state of Vermont and three counties in NH.

C-E Federal Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

C-E Federal Credit Union, located in Houston, has selected Cornerstone Resources to conduct a search for the position of president/CEO. C-E FCU’s board expressed the ...

MarketMatch kicks off virtual speaking tour

MarketMatch is kicking off the new year with a modified speaking and presentation push.

Christian Community Credit Union Reaches Over $800 Million In Assets

Christian Community Credit Union has surpassed $800 million in assets and is the largest in asset size among Christian credit unions nationwide.

Vizo Financial Partners with StrategyCorps for Share Draft Rewards Program

Vizo Financial Corporate CU and StrategyCorps join forces to provide rewards solutions and share draft analytics to its member credit unions.

AEA Federal Credit Union Announces Community Development Financial Institution (CDFI) Certification

AEA Federal Credit Union, based in Yuma, Arizona, announces its certification by the U.S. Department of the Treasury as a CDFI.
Personnel Promotions

Christian Community Credit Union Names Mike Poirier As New Senior VP of Ministry Lending, Announces Retirement of Scott Reitsma

Christian Community Credit Union is pleased to announce Mike Poirier as its new Senior Vice President of Ministry Lending effective January 4, 2021.

ICUS 2020 Charitable Contributions Broaden the Community Benefits of Credit Unions

The Illinois Credit Union System (ICUS) and LSC donated over $165,000 to charitable organizations in 2020 to support credit unions and communities.

CU Members Mortgage Kicks Off 2021 with Webinar Series with session on URLA

CU Members Mortgage is kicking off their 2021 Webinar Series with a session on the new URLA.

Together Credit Union Opens Portal for Next Round of PPP Loan Applications

Today, Together Credit Union, a SBA preferred lender, reopened its online application system to assist business members with their PPP applications.

Investment Services at Bay Federal Credit Union Welcomes LPL Investment Advisor Representative Bennett Bilgere

The Investment Services at Bay Federal Credit Union team, located in Capitola, CA, has announced the addition of Bennett Bilgere.

$1.09 Billion Palmetto Citizens FCU Chooses Corelation as Next Core Processor

Palmetto Citizens FCU selects Corelation’s KeyStone as its next core processor, preparing for the credit union's first upgrade in nearly 30 years.

Langley Federal Credit Union Honors Dr. King Jr’s Legacy with Day of Service Initiatives

Langley Federal Credit Union honors Dr. Martin Luther King, Jr with Day of Service projects throughout the year.

Baker Market Update: January 15, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210115-lunch-with-lester/

Jax Federal Credit Union Announces Closure of Southpoint Branch, Effective Feb. 6, 2021

Jax Federal Credit Union announced plans to close its Southpoint branch, located at 4100 Belfort Rd. in Jacksonville, effective February 6, 2021.

Finastra’s Fusion Invest moves to the cloud 

Finastra today announced that its investment management solution Fusion Invest is now available to customers through the cloud.

MX Raises $300 Million in Series C Funding

MX, the leader in data-driven finance and creator of the Money Experience category, announced it has raised $300 million in a Series C funding.

Gary Perez, CEO, USC Credit Union, Chats Thinking Big and Acting Fast

“We want to start a new credit union, not to compete but to support smaller credit unions with a similar mission.”

Lesco Federal Credit Union Joins cuBIZloan.com

cuBIZloan.com is excited to welcome Lesco Federal Credit Union to cuBIZloan’s member business and commercial loan referral program.

Three Texas Trust Employees Graduate from Leadership Academy

Three employees of Texas Trust Credit Union graduated from Cornerstone Credit Union League’s first virtual Chapter Leadership Academy.

Interior Federal Credit Union Chooses Dolphin Debit to Manage its ATM Fleet

Happy to get out from under the burdens of ATM management, Interior Federal Credit Union has turned over operations of its fleet to Dolphin Debit.

TopLine’s 22nd Annual Holiday Gift Drive Benefits Local Communities

TopLine’s 22nd Annual Holiday Gift Drive Benefits Local Communities

Baker Market Update: January 19, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210119-latte-with-lester/

CEO Institute Going Online in 2021, Offering Same Ivy-League Level Education as In-Person Event

CEO Institute will be offered in an online format in 2021, talent development leader CUES® has announced.

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.

MEMBERS ADVANTAGE COMMUNITY CREDIT UNION & RIVER VALLEY CREDIT UNION PARTNER

The two credit unions merged to expand membership throughout the entire state of Vermont and three counties in NH.

C-E Federal Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

C-E Federal Credit Union, located in Houston, has selected Cornerstone Resources to conduct a search for the position of president/CEO. C-E FCU’s board expressed the ...

MarketMatch kicks off virtual speaking tour

MarketMatch is kicking off the new year with a modified speaking and presentation push.

Christian Community Credit Union Reaches Over $800 Million In Assets

Christian Community Credit Union has surpassed $800 million in assets and is the largest in asset size among Christian credit unions nationwide.

Vizo Financial Partners with StrategyCorps for Share Draft Rewards Program

Vizo Financial Corporate CU and StrategyCorps join forces to provide rewards solutions and share draft analytics to its member credit unions.

AEA Federal Credit Union Announces Community Development Financial Institution (CDFI) Certification

AEA Federal Credit Union, based in Yuma, Arizona, announces its certification by the U.S. Department of the Treasury as a CDFI.
Personnel Promotions

Christian Community Credit Union Names Mike Poirier As New Senior VP of Ministry Lending, Announces Retirement of Scott Reitsma

Christian Community Credit Union is pleased to announce Mike Poirier as its new Senior Vice President of Ministry Lending effective January 4, 2021.

ICUS 2020 Charitable Contributions Broaden the Community Benefits of Credit Unions

The Illinois Credit Union System (ICUS) and LSC donated over $165,000 to charitable organizations in 2020 to support credit unions and communities.

CU Members Mortgage Kicks Off 2021 with Webinar Series with session on URLA

CU Members Mortgage is kicking off their 2021 Webinar Series with a session on the new URLA.

Together Credit Union Opens Portal for Next Round of PPP Loan Applications

Today, Together Credit Union, a SBA preferred lender, reopened its online application system to assist business members with their PPP applications.

Investment Services at Bay Federal Credit Union Welcomes LPL Investment Advisor Representative Bennett Bilgere

The Investment Services at Bay Federal Credit Union team, located in Capitola, CA, has announced the addition of Bennett Bilgere.

$1.09 Billion Palmetto Citizens FCU Chooses Corelation as Next Core Processor

Palmetto Citizens FCU selects Corelation’s KeyStone as its next core processor, preparing for the credit union's first upgrade in nearly 30 years.

Langley Federal Credit Union Honors Dr. King Jr’s Legacy with Day of Service Initiatives

Langley Federal Credit Union honors Dr. Martin Luther King, Jr with Day of Service projects throughout the year.

Baker Market Update: January 15, 2021 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210115-lunch-with-lester/

Jax Federal Credit Union Announces Closure of Southpoint Branch, Effective Feb. 6, 2021

Jax Federal Credit Union announced plans to close its Southpoint branch, located at 4100 Belfort Rd. in Jacksonville, effective February 6, 2021.

Finastra’s Fusion Invest moves to the cloud 

Finastra today announced that its investment management solution Fusion Invest is now available to customers through the cloud.

MX Raises $300 Million in Series C Funding

MX, the leader in data-driven finance and creator of the Money Experience category, announced it has raised $300 million in a Series C funding.

Gary Perez, CEO, USC Credit Union, Chats Thinking Big and Acting Fast

“We want to start a new credit union, not to compete but to support smaller credit unions with a similar mission.”

Lesco Federal Credit Union Joins cuBIZloan.com

cuBIZloan.com is excited to welcome Lesco Federal Credit Union to cuBIZloan’s member business and commercial loan referral program.

Three Texas Trust Employees Graduate from Leadership Academy

Three employees of Texas Trust Credit Union graduated from Cornerstone Credit Union League’s first virtual Chapter Leadership Academy.

Interior Federal Credit Union Chooses Dolphin Debit to Manage its ATM Fleet

Happy to get out from under the burdens of ATM management, Interior Federal Credit Union has turned over operations of its fleet to Dolphin Debit.

TopLine’s 22nd Annual Holiday Gift Drive Benefits Local Communities

TopLine’s 22nd Annual Holiday Gift Drive Benefits Local Communities

Baker Market Update: January 19, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210119-latte-with-lester/

CEO Institute Going Online in 2021, Offering Same Ivy-League Level Education as In-Person Event

CEO Institute will be offered in an online format in 2021, talent development leader CUES® has announced.

2023 CUES® Compensation Survey Results Indicate Compensation Up Across Most Positions

Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in the 2023 CUES Executive Compensation ...

NEW VP AT CUSO HOME LENDING BRINGS DECADES OF EXPERIENCE IN MORTGAGE ARENA

CUSO Home Lending President and CEO, Lori Michaud today announced the hiring of a new Vice President of Servicing and Loss Mitigation. Troy Taylor accepted ...

SchoolsFirst Federal Credit Union Holds Workshops to Commemorate Signing of Americans with Disabilities Act

SchoolsFirstFCU hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and Sacramento operation center, to commemorate ...

FINCOMP, the only HR conference of its kind.

BalancedComp, a leading provider of workforce compensation consulting and software solutions for financial institutions, announced the upcoming launch of its next corporate milestone making waves ...

Clearview Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and newly named the members of its new Executive Leadership Team.

Garden Savings Donates $14,000 to Children’s Specialized Hospital

Garden Savings recently raised $14,000 for Children’s Specialized Hospital through their 2023 Golf Outing. An additional $14,000 was raised for Big Brothers Big Sisters at ...
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