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

CUES Compensation Surveys to Include COVID-19 Data in 2021; Participation Now Open

CUES is asking CUs across the U.S. to participate in two important industry surveys: CUES Executive Compensation Survey & CUES Employee Salary Survey.

Coconut Software Sees Significant Business Momentum As “Appointment Economy” Drives Change in Financial Services – Sales Increase 210% in the US Market

Success fueled by growing demand for new user engagement models and advanced appointment scheduling to enable safer customer interactions.

Cirrus Taps Alex Dean as New National Sales Director

Cirrus expands its executive team, adding Alex Dean as National Sales Director and John DeMoss as Chief Strategy Officer.

Oregon State Credit Union announces promotions in Business Services

Oregon State Credit Union has promoted Josh Whisenhunt to senior vice president Financial Services, and Kim Carson to director of Business Services.

Del Norte Credit Union Expands Community Support With Launch Of Employee-Run Foundation

Del Norte Credit Union has launched the Del Norte LOV (Living Our Vision) Foundation, a nonprofit organization and extension of the credit union.

CODE Credit Union Goes Live with Member Driven Technologies

CODE Credit Union has successfully implemented the Episys® core processing system hosted by Member Driven Technologies (MDT).

2020 Fire Relief Fund Distributes $424,420, Wraps Up Fund

Redwood CU Community Fund announced today the 2020 Fire Relief Fund has collected and disbursed $424,420 from 847 donors to support fire survivors.

Jack Henry Reaches Milestone of 150 Banks and Credit Unions Moving Network Infrastructure to Its Hosted Network Solutions Environment

Jack Henry announced that 150 banks and credit unions have selected Gladiator Hosted Network Solutions™ (HNS) to manage IT Infrastructure

Alloya Corporate Launches New Virtual Education Series

Alloya is proud to announce the launch of its new virtual education series, Link. Our first of many Link sessions will be held Thursday, January ...

Sensibill Wraps 2020 in High Growth Mode, Prepares for Continued Momentum in 2021

Sensibill concluded 2020 with significant growth and development across the organization.

Bank of Prairie du Sac selects Finastra’s Fusion Phoenix core to improve customer experience and support growth strategy

Bank of Prairie du Sac selects Finastra’s integrated suite of banking solutions to help future-proof its technology.

Wings Financial CU Selects Access Softek’s EasyVest Robo-Advisor

Wings Financial Federal Credit Union ($6.5 billion in assets) will now offer Access Softek’s EasyVest robo-advisor investing solution to its more than 300,000 members to ...

PSECU to Offer Free Spending Plans & Credit Webinar

PSECU will offer a free, public webinar on January 12 to help participants develop a structured spending plan and better understand credit scores.

Baker Market Update: January 4, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210104-latte-with-lester/

New eDOCSignature Features for 2021 and Beyond

eDOC added Text Messaging feature to its eSign solution with text as a way to facilitate document e-Signing. Bulk Send also added via email blast.

SECU Foundation Provides New Pilot to Benefit Public Charities in Rural North Carolina

SECU Foundation has announced a new capacity building pilot program to support public charities.

Coastal Credit Union is Cary, NC’s Favorite

Coastal Credit Union has learned that two local publications have named the credit union to their readers’ choice list for best financial institution

Kasasa Celebrates Financial Institution Clients in 2020 Kasasa Nation Awards

First Capital Federal Credit Union, UNCLE Credit Union and New Orleans Firemen’s Federal Credit Union recognized for impact on their communities.

Frontwave Sponsors Four Local Military Families through ASYMCA Secret Santa Program

In the spirit of giving, Frontwave Credit Union sponsored four local military families this holiday season through the Camp Pendleton ASYMCA.

First Community Credit Union Leverages IMM’s Web Forms to Workflow During Pandemic to Increase Member Service Efficiency and Convenience

Missouri's First Community Credit Union Leverages IMM’s Web Forms to Workflow During Pandemic to Increase Member Service Efficiency and Convenience

Vizo Financial’s 2020 Community Involvement activities helped raise more than $729K

Vizo Financial’s commitment to making a difference remained strong. Its creative fundraising efforts helped generate $729K for worthy organizations.

SESLOC’S LOCAL EDUCATION GRANT FUNDING TOPS $100,000

In 2020, SESLOC reached a milestone, surpassing $100,000 in education grants awarded to local K-12 teachers.
Personnel Promotions

Jax Federal Credit Union Appoints Jenna Dobbins to Board of Directors

Jax Federal Credit Union appointed Jenna Dobbins to its Board of Directors, re-elected three current Directors and appointed a member representative.

NEFCU Employees Pledge $25,000 to Help Non-Profits Cope with COVID

New England Federal Credit Union (NEFCU) employees recently pledged $25,000 to help community non-profits with COVID costs.

Applications Open for 2021 CUES Emerge Program

CUES Emerge, the industry’s premier emerging leader program which recognizes up-and-coming leaders, is now accepting applications for the 2021 cohort.

Texas Trust Donates $25,000 to Feed the Hungry in Three Communities

With the need to feed our neighbors so great this year, Texas Trust CU is donating $25,000 to three charities that provide food for the ...

Jeanne D’Arc Credit Union Announces New Prize Linked Savings Program

Jeanne D’Arc Credit Union announces the launch of a unique new savings program available for Massachusetts residents beginning January 2, 2021.

PSECU Provides Additional $10K Donation to CPFB

Today, PSECU virtually presented a $10,000 check to the Central Pennsylvania Food Bank to support its efforts to fight hunger this holiday season.

Baker Market Update: December 31, 2020 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/12-31-20-baker-market-update-lunch-with-lester-week-in-review/
Technology

Blend Expands Digital Lending Platform with New Configuration Capabilities for Consumer Banking

Blend expands its Digital Lending Platform with configuration capabilities and new products for Personal Loans, Credit Cards, and Specialty Vehicles

CUES Compensation Surveys to Include COVID-19 Data in 2021; Participation Now Open

CUES is asking CUs across the U.S. to participate in two important industry surveys: CUES Executive Compensation Survey & CUES Employee Salary Survey.

Coconut Software Sees Significant Business Momentum As “Appointment Economy” Drives Change in Financial Services – Sales Increase 210% in the US Market

Success fueled by growing demand for new user engagement models and advanced appointment scheduling to enable safer customer interactions.

Cirrus Taps Alex Dean as New National Sales Director

Cirrus expands its executive team, adding Alex Dean as National Sales Director and John DeMoss as Chief Strategy Officer.

Oregon State Credit Union announces promotions in Business Services

Oregon State Credit Union has promoted Josh Whisenhunt to senior vice president Financial Services, and Kim Carson to director of Business Services.

Del Norte Credit Union Expands Community Support With Launch Of Employee-Run Foundation

Del Norte Credit Union has launched the Del Norte LOV (Living Our Vision) Foundation, a nonprofit organization and extension of the credit union.

CODE Credit Union Goes Live with Member Driven Technologies

CODE Credit Union has successfully implemented the Episys® core processing system hosted by Member Driven Technologies (MDT).

2020 Fire Relief Fund Distributes $424,420, Wraps Up Fund

Redwood CU Community Fund announced today the 2020 Fire Relief Fund has collected and disbursed $424,420 from 847 donors to support fire survivors.

Jack Henry Reaches Milestone of 150 Banks and Credit Unions Moving Network Infrastructure to Its Hosted Network Solutions Environment

Jack Henry announced that 150 banks and credit unions have selected Gladiator Hosted Network Solutions™ (HNS) to manage IT Infrastructure

Alloya Corporate Launches New Virtual Education Series

Alloya is proud to announce the launch of its new virtual education series, Link. Our first of many Link sessions will be held Thursday, January ...

Sensibill Wraps 2020 in High Growth Mode, Prepares for Continued Momentum in 2021

Sensibill concluded 2020 with significant growth and development across the organization.

Bank of Prairie du Sac selects Finastra’s Fusion Phoenix core to improve customer experience and support growth strategy

Bank of Prairie du Sac selects Finastra’s integrated suite of banking solutions to help future-proof its technology.

Wings Financial CU Selects Access Softek’s EasyVest Robo-Advisor

Wings Financial Federal Credit Union ($6.5 billion in assets) will now offer Access Softek’s EasyVest robo-advisor investing solution to its more than 300,000 members to ...

PSECU to Offer Free Spending Plans & Credit Webinar

PSECU will offer a free, public webinar on January 12 to help participants develop a structured spending plan and better understand credit scores.

Baker Market Update: January 4, 2021 – Latte with Lester – Week in Preview

Download PDF or listen to the Podcast: https://www.gobaker.com/bmu-wk210104-latte-with-lester/

New eDOCSignature Features for 2021 and Beyond

eDOC added Text Messaging feature to its eSign solution with text as a way to facilitate document e-Signing. Bulk Send also added via email blast.

SECU Foundation Provides New Pilot to Benefit Public Charities in Rural North Carolina

SECU Foundation has announced a new capacity building pilot program to support public charities.

Coastal Credit Union is Cary, NC’s Favorite

Coastal Credit Union has learned that two local publications have named the credit union to their readers’ choice list for best financial institution

Kasasa Celebrates Financial Institution Clients in 2020 Kasasa Nation Awards

First Capital Federal Credit Union, UNCLE Credit Union and New Orleans Firemen’s Federal Credit Union recognized for impact on their communities.

Frontwave Sponsors Four Local Military Families through ASYMCA Secret Santa Program

In the spirit of giving, Frontwave Credit Union sponsored four local military families this holiday season through the Camp Pendleton ASYMCA.

First Community Credit Union Leverages IMM’s Web Forms to Workflow During Pandemic to Increase Member Service Efficiency and Convenience

Missouri's First Community Credit Union Leverages IMM’s Web Forms to Workflow During Pandemic to Increase Member Service Efficiency and Convenience

Vizo Financial’s 2020 Community Involvement activities helped raise more than $729K

Vizo Financial’s commitment to making a difference remained strong. Its creative fundraising efforts helped generate $729K for worthy organizations.

SESLOC’S LOCAL EDUCATION GRANT FUNDING TOPS $100,000

In 2020, SESLOC reached a milestone, surpassing $100,000 in education grants awarded to local K-12 teachers.
Personnel Promotions

Jax Federal Credit Union Appoints Jenna Dobbins to Board of Directors

Jax Federal Credit Union appointed Jenna Dobbins to its Board of Directors, re-elected three current Directors and appointed a member representative.

NEFCU Employees Pledge $25,000 to Help Non-Profits Cope with COVID

New England Federal Credit Union (NEFCU) employees recently pledged $25,000 to help community non-profits with COVID costs.

Applications Open for 2021 CUES Emerge Program

CUES Emerge, the industry’s premier emerging leader program which recognizes up-and-coming leaders, is now accepting applications for the 2021 cohort.

Texas Trust Donates $25,000 to Feed the Hungry in Three Communities

With the need to feed our neighbors so great this year, Texas Trust CU is donating $25,000 to three charities that provide food for the ...

Jeanne D’Arc Credit Union Announces New Prize Linked Savings Program

Jeanne D’Arc Credit Union announces the launch of a unique new savings program available for Massachusetts residents beginning January 2, 2021.

PSECU Provides Additional $10K Donation to CPFB

Today, PSECU virtually presented a $10,000 check to the Central Pennsylvania Food Bank to support its efforts to fight hunger this holiday season.

Baker Market Update: December 31, 2020 – Lunch with Lester – Week in Review

Download PDF or listen to the Podcast: https://www.gobaker.com/12-31-20-baker-market-update-lunch-with-lester-week-in-review/
Technology

Blend Expands Digital Lending Platform with New Configuration Capabilities for Consumer Banking

Blend expands its Digital Lending Platform with configuration capabilities and new products for Personal Loans, Credit Cards, and Specialty Vehicles

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 ...

Vertifi Software Supports the FedNow Service, Advancing U.S. Payments System

Vertifi Software, LLC, (“Vertifi”) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Vertifi is ...
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