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

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.

Early-Bird Registration Now Open for Virtual 2021 ALM First Financial Institute

Registration is now open for ALM First’s virtual 2021 Financial Institute, the must-attend conference for all involved in balance sheet management.

Indiana Members Credit Union Contributes $1,500 to Cardinal Ritter High School

Indiana Members Credit Union presented a check for $1,500 to Cardinal Ritter High School as part of an ongoing school spirit debit card program.

Alaska USA Federal Credit Union and Alaska USA Foundation donate $20,000 to Covenant House Alaska, challenge other businesses to give back

Alaska USA Federal Credit Union and Alaska USA Foundation donate $20,000 to Covenant House Alaska, challenge other businesses to give back

PSCU Reports Significant Holiday Season Growth for Owner Credit Unions

PSCU reported year-over-year debit and credit sales volume growth of 11.4% among its Owner credit unions during the 2020 holiday season.

NEFCU Announces Fourth Quarter 2020 Community Giving Donations

New England Federal Credit Union (NEFCU) announced the recipients of its fourth quarter, 2020, community giving donations.

Executive Leadership Playbook for 2021 Keeps Credit Unions on Pace with Accelerated MX Changes

One thing 2020 taught those of us in the credit union industry is that there was no playbook for the challenges arising from COVID-19. For ...

Connect FSS Announces Restructuring of Leadership Team

New organizational structure better aligns the company to achieve its strategic goals.

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.

NACUSO Statement on NCUA’s Expansion of CUSO Powers

NACUSO commends the NCUA Board on their proposed expansion of CUSO powers to allow CUSOs to assist credit unions with auto lending and personal loans.

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.

Early-Bird Registration Now Open for Virtual 2021 ALM First Financial Institute

Registration is now open for ALM First’s virtual 2021 Financial Institute, the must-attend conference for all involved in balance sheet management.

Indiana Members Credit Union Contributes $1,500 to Cardinal Ritter High School

Indiana Members Credit Union presented a check for $1,500 to Cardinal Ritter High School as part of an ongoing school spirit debit card program.

Alaska USA Federal Credit Union and Alaska USA Foundation donate $20,000 to Covenant House Alaska, challenge other businesses to give back

Alaska USA Federal Credit Union and Alaska USA Foundation donate $20,000 to Covenant House Alaska, challenge other businesses to give back

PSCU Reports Significant Holiday Season Growth for Owner Credit Unions

PSCU reported year-over-year debit and credit sales volume growth of 11.4% among its Owner credit unions during the 2020 holiday season.

NEFCU Announces Fourth Quarter 2020 Community Giving Donations

New England Federal Credit Union (NEFCU) announced the recipients of its fourth quarter, 2020, community giving donations.

Executive Leadership Playbook for 2021 Keeps Credit Unions on Pace with Accelerated MX Changes

One thing 2020 taught those of us in the credit union industry is that there was no playbook for the challenges arising from COVID-19. For ...

Connect FSS Announces Restructuring of Leadership Team

New organizational structure better aligns the company to achieve its strategic goals.

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.

NACUSO Statement on NCUA’s Expansion of CUSO Powers

NACUSO commends the NCUA Board on their proposed expansion of CUSO powers to allow CUSOs to assist credit unions with auto lending and personal loans.

Announcing the hiring of Chris Dahlgren to lead our credit union regulatory team and bolster Baker Loan Solutions.

The Baker Group is committed to continued expansion and improvement of our credit union platform. We are excited to announce the hiring of Chris Dahlgren ...

Coastal Credit Union Hires Mia Vista Perez as Chief Administrative Officer

Perez brings more than 30 years of credit union experience to Coastal, including 11 years as Chief Administrative Officer and Chief Strategy and People Officer ...

Dean Michaels Named President/CEO of Co-op Solutions

Todd Clark has departed as President/CEO of Co-op Solutions after leading the company through more than seven years of expansive growth in revenues, product offerings ...

SchoolsFirst Federal Credit Union Team Raises $63,875 for CHOC Walk in the Park 2023

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that its team raised more than $63,000 for Children’s ...

Baker Market Update – Week in Review: September 15, 2023

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

Credit Union Leaders Gathered in Las Vegas for Alloya’s Ninth Leadership Symposium

Alloya Corporate Federal Credit Union’s ninth annual Credit Union Executive Leadership Symposium saw record attendance as 203 professionals representing 137 credit unions and 25 states ...
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