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

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.

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 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.

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.

UMassFive Introduces New Rewards Program for Checking Accounts

UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking accounts with the launch of ...

TOWERCARES FOUNDATION AWARDS $150,000 IN COLLEGE SCHOLARSHIPS

Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this year’s winners have parents who ...

1st United Credit Union Named a Greater Bay Area Top Workplace for the 5th Year

1st United Credit Union is excited to announce that they have been awarded a Top Workplaces 2023 honor by San Francisco Bay Area Top Workplaces.

Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that ...

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits In second-largest grant distribution, Foundation elevates youth-focused and quality of life nonprofit ...

SafeAmerica Credit Union Announces New Regional Branch Manager

SafeAmerica Credit Union announces their new Regional Branch Manager, Melinda Santa Cruz.
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