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

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has been appointed to the newly created position of Vice President, Mortgage Operations, serving Members’ real estate financing needs. She has joined the SchoolsFirst FCU operations team in the Tustin office. In her new role, Davis

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via its Third-Party Service Provider (TPSP) solution. The corporate is extending the solution to connect to the FedNow Service within the first quarter of 2024 to provide a unified connection solution for credit unions to both

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving season. Day Air once again supported organizations and community members throughout the Miami Valley, with gifts of support, education, and time.

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has reached a significant career milestone by successfully completing the Executive Master of Business Administration (EMBA) program at Marquette University.

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announce a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing. By making credit

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual contributed capital to its capital shareholders. The amount totals approximately $24 million.

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. This event is designed to empower students with practical financial knowledge and skills. The program provides participants with hands-on experience, allowing them to gain insights into real-world financial scenarios and make informed decisions about budgeting,

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after the credit union passed the $4 billion mark in late 2022.

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative AI solutions designed to overcome the friction of traditional support and employee training to deliver exceptional member and employee experiences. Powered by CFI-specific large language models (LLMs), Eltropy’s generative AI tools are bringing efficiency and

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive cultures, is excited to announce they are expanding their recruitment team with the addition of Jaime Marks and Sonya Watkins. Marks and Watkins will join Carl Clark in directing the firm’s recruitment services. Humanidei’s mission

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at the Hope Center in Waukesha, WI. Hope Center is a non-profit organization that has been serving the basic needs of financial assistance, food, and clothing in Waukesha County for more than thirty years.

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects. The Foundation’s advocacy for their valuable work brought a $250,000 challenge grant to directly support the development of programs to build coastal resiliency, reduce vulnerability to

Corporate Central Welcomes Danielle Carter as Risk & Compliance Coordinator

Corporate Central is pleased to announce and welcome Danielle Carter as a Risk & Compliance Coordinator. In this role, Carter will coordinate third party risk management and compliance activities across the credit union’s employees and lines of business. Please see the full press release and graphic attached.

BECU Announces Drew Wolff as Chief Financial Officer

BECU, the country’s fourth-largest credit union, today announced it has welcomed Drew Wolff as executive vice president and chief financial officer (CFO). In his role, Wolff is responsible for ensuring all aspects of BECU’s financial strategy, management and performance support the credit union’s near- and long-term strategic objectives.

Peach State FCU C.A.R.E.S. Foundation to Award Over $287k in Scholarships and Educational Grants

The Peach State FCU C.A.R.E.S. Foundation recently announced that its 2024 scholarship program is now open and accepting applications. The Foundation’s annual scholarship program awards graduating high school seniors and professionals seeking career advancement financial assistance to help offset the costs of continuing education. This year, the C.A.R.E.S. Foundation will be awarding over $287,000 in

Charting a Course for Excellence: CUES Announces Board Officers

CUES is pleased to announce the appointment of new board officers. This dynamic roster of visionary leaders will play a crucial role in ensuring CUES continues its growth and success, operating in the best interest of its members and the movement.

GTE Financial Promotes Nydia Hall To Assistant Vice President of Member Resolution

GTE Financial continues to promote from within by appointing Nydia Hall to Assistant Vice President (AVP) of Member Resolution. Previously Senior Manager of the Member Resolution Department, Hall has significantly contributed to the organization’s success, leading to her promotion.

Making A Difference

Redwood Credit Union Steps Up for Annual Secret Santa Program

When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped ...
Personnel Promotions

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has ...
Making A Difference

GreenState is halfway to their $1 billion mortgage lending goal

GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater ...
Other

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via ...
Making A Difference

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving ...
Other

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has ...
Lending

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, ...
Investments

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual ...
Other

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. ...
Making A Difference

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit ...
Making A Difference

California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff ...
Other

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after ...
Making A Difference

United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras

United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Industry Analysis & Trends

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

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

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative ...
Other

Thomas Named to American Banker’s Most Powerful Women in Credit Unions List

American Banker has recognized Truliant Federal Credit Union’s Chief Administrative Officer Sherri Thomas as one of its 2023 Most Powerful ...
Personnel Promotions

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive ...
Making A Difference

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at ...
Making A Difference

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal ...
Strategic Partnerships

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Eltropy, a leading digital conversations platform for community financial institutions (CFIs), announced today that Eltropy’s Digital Conversations Platform is now ...
Making A Difference

BECU’s 10th Annual People Helping People Awards Program Grants $525,000 to Member-Nominated Nonprofits

After receiving nearly 900 nominations, last night BECU honored nonprofit organizations and BECU members at its annual People Helping People ...
Operations & HR

Corporate Central Welcomes Danielle Carter as Risk & Compliance Coordinator

Corporate Central is pleased to announce and welcome Danielle Carter as a Risk & Compliance Coordinator. In this role, Carter ...
Personnel Promotions

BECU Announces Drew Wolff as Chief Financial Officer

BECU, the country’s fourth-largest credit union, today announced it has welcomed Drew Wolff as executive vice president and chief financial ...
Making A Difference

Peach State FCU C.A.R.E.S. Foundation to Award Over $287k in Scholarships and Educational Grants

The Peach State FCU C.A.R.E.S. Foundation recently announced that its 2024 scholarship program is now open and accepting applications. The ...
Personnel Promotions

United Federal Credit Union Promotes Kyle Rogers to Business Loan Officer in Indiana

United Federal Credit Union has promoted Kyle Rogers to Business Loan Officer in Indiana. Rogers will be based at United’s ...
Personnel Promotions

Malisha Yang Transitions from Member Services Specialist to Key Role as Compliance Analyst at Corporate Central

Corporate Central is pleased to announce that Malisha Yang, CCUFC, has accepted a new position within the organization as a ...
Other

CUES Directors Conference Attendees Rally for Wildfire Relief in Maui

Maui, HI—CUES Directors Conference 2023 attendees united under the “Spirit of Giving” in Maui this week, driven by a shared ...
Other

Charting a Course for Excellence: CUES Announces Board Officers

CUES is pleased to announce the appointment of new board officers. This dynamic roster of visionary leaders will play a ...
Personnel Promotions

GTE Financial Promotes Nydia Hall To Assistant Vice President of Member Resolution

GTE Financial continues to promote from within by appointing Nydia Hall to Assistant Vice President (AVP) of Member Resolution. Previously ...
Making A Difference

Redwood Credit Union Steps Up for Annual Secret Santa Program

When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped ...
Personnel Promotions

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has ...
Making A Difference

GreenState is halfway to their $1 billion mortgage lending goal

GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater ...
Other

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via ...
Making A Difference

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving ...
Other

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has ...
Lending

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, ...
Investments

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual ...
Other

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. ...
Making A Difference

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit ...
Making A Difference

California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff ...
Other

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after ...
Making A Difference

United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras

United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Industry Analysis & Trends

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

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

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative ...
Other

Thomas Named to American Banker’s Most Powerful Women in Credit Unions List

American Banker has recognized Truliant Federal Credit Union’s Chief Administrative Officer Sherri Thomas as one of its 2023 Most Powerful ...
Personnel Promotions

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive ...
Making A Difference

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at ...
Making A Difference

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal ...
Strategic Partnerships

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Eltropy, a leading digital conversations platform for community financial institutions (CFIs), announced today that Eltropy’s Digital Conversations Platform is now ...
Making A Difference

BECU’s 10th Annual People Helping People Awards Program Grants $525,000 to Member-Nominated Nonprofits

After receiving nearly 900 nominations, last night BECU honored nonprofit organizations and BECU members at its annual People Helping People ...
Operations & HR

Corporate Central Welcomes Danielle Carter as Risk & Compliance Coordinator

Corporate Central is pleased to announce and welcome Danielle Carter as a Risk & Compliance Coordinator. In this role, Carter ...
Personnel Promotions

BECU Announces Drew Wolff as Chief Financial Officer

BECU, the country’s fourth-largest credit union, today announced it has welcomed Drew Wolff as executive vice president and chief financial ...
Making A Difference

Peach State FCU C.A.R.E.S. Foundation to Award Over $287k in Scholarships and Educational Grants

The Peach State FCU C.A.R.E.S. Foundation recently announced that its 2024 scholarship program is now open and accepting applications. The ...
Personnel Promotions

United Federal Credit Union Promotes Kyle Rogers to Business Loan Officer in Indiana

United Federal Credit Union has promoted Kyle Rogers to Business Loan Officer in Indiana. Rogers will be based at United’s ...
Personnel Promotions

Malisha Yang Transitions from Member Services Specialist to Key Role as Compliance Analyst at Corporate Central

Corporate Central is pleased to announce that Malisha Yang, CCUFC, has accepted a new position within the organization as a ...
Other

CUES Directors Conference Attendees Rally for Wildfire Relief in Maui

Maui, HI—CUES Directors Conference 2023 attendees united under the “Spirit of Giving” in Maui this week, driven by a shared ...
Other

Charting a Course for Excellence: CUES Announces Board Officers

CUES is pleased to announce the appointment of new board officers. This dynamic roster of visionary leaders will play a ...
Personnel Promotions

GTE Financial Promotes Nydia Hall To Assistant Vice President of Member Resolution

GTE Financial continues to promote from within by appointing Nydia Hall to Assistant Vice President (AVP) of Member Resolution. Previously ...

Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation

Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The credit union gave a $10,000 ...

eDOC and VisiFI Launch an e-Sign Collaboration

eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider have collaborated to build multiple ...

SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union has awarded $184,500 in college ...

For Immediate Release: NACUSO Expands Executive Team with Industry Professionals Adam Lee, Rebecca Isaacs, and Sedric Brinson

Eugene, OR – May 24, 2024 – The National Association of Credit Union Service Organizations (NACUSO) is thrilled to announce a dynamic infusion of talent ...

Baker Market Update – Week in Review: May 24, 2024

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

GTE Financial Partners With Largest Charitable Dental Clinic In Florida To Offer Free Dental Care To Underserved Individuals

GTE Financial is proud to volunteer with Florida Mission of Mercy (FLA-MOM), the state’s largest charitable dental clinic that provides care to any patient at ...
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