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.
USSFCU Welcomes Don DiMatteo as Chief Lending Officer
The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Don DiMatteo as its new Chief Lending Officer (CLO). With over 35 years of experience in lending and financial services, DiMatteo brings a wealth of leadership, expertise, and a deep passion for member-focused lending solutions. DiMatteo’s career spans 17.5 years
CUNA Strategic Services Aligns With Wipfli to Provide Access to Top C-Suite Talent and Streamline Loan Reviews
CUNA Strategic Services is excited to announce their new alliance with Wipfli, a top 25 advisory and accounting firm delivering holistic solutions to help clients navigate the modern marketplace, optimize performance and drive growth.
Chartway Announces Promotions of Dana Brock, Kelsey Jones and Jace White
Chartway Credit Union is proud to announce the promotions of Dana Brock to vice president of credit operations & services, Kelsey Jones to vice president of business intelligence, and Jace White to senior vice president of talent engagement.
GTE Financial Celebrates 90 Years of Service in the Tampa Bay Community
Locally owned and operated credit union, GTE Financial is thrilled to celebrate 90 years of servicing the financial needs of its local residents, businesses and helping empower the Tampa Bay community.
Cumberland County FCU Announces New Hire and Multiple Promotions
Falmouth, ME (February 2025) – Cumberland County FCU (CCFCU) is pleased to announce the following team addition and employee promotions. Bethany Smith has been hired as the Vice President of Accounting; Amy Sithavady has been promoted to Vice President of HR and Compliance; Kimberly Parker has been promoted to Vice President of Service Center Operations;
Unitus Community Credit Union Announces Partnership with The Wetlands Conservancy
Unitus Community Credit Union is proud to announce a new partnership with The Wetlands Conservancy to support the preservation and care of our invaluable wetlands ecosystems. This partnership underscores the credit union’s dedication to environmental sustainability and community impact.
Eltropy to demonstrate practical applications of generative AI for credit unions at GAC 2025
Eltropy to Feature AI-Powered Unified Conversations Platform at Governmental Affairs Conference 2025 Eltropy to demonstrate practical applications of generative AI for community financial institutions at the leading credit union advocacy event SANTA CLARA, Calif. — January 31, 2025 — Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), will present its latest
Baker Market Update – Week in Review: January 31, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
INOVA Federal Donates $510 To Church Community Services
The team at INOVA Federal recently presented a check for $510 to Church Community Services. Church Community Services aids the residents of Elkhart County with emergency assistance, job and life-skills training, and much more.
Corporate One Presents CU Forward: Sharing Knowledge, Shaping Success on February 26, 2025
Corporate One Federal Credit Union is excited to announce CU Forward: Sharing Knowledge, Shaping Success, a dynamic half-day virtual conference for credit union leaders and professionals, taking place online on February 26, 2025, from 1:00 PM to 4:00 PM EST. CU Forward empowers credit union professionals with knowledge and actionable strategies. The event will feature
Sparrow and CUNA Strategic Services Unite to Empower Gen Z & Millennial Financial Futures
CUNA Strategic Services is pleased to announce its new alliance with Sparrow, a trailblazer in fintech disruption. This collaboration aims to help credit unions meet the unique lending and engagement needs and aspirations of Gen Z and Millennial members.
Advia Credit Union Exceeds $1 Million in 2024 Giving Across Michigan, Wisconsin, and Illinois
Advia Credit Union made an extraordinary impact in 2024, contributing over $1 Million across Michigan, Wisconsin, and Illinois through its Advia Foundation, Advancing Lives initiatives, sponsorships, scholarships, and other donations. In addition, the Advia team contributed over 6,500 volunteer hours throughout the year—an increase from previous years and the equivalent of more than 270 full
Meridia Community Credit Union Signs New and Renewal Agreements with Synergent
Synergent® is thrilled to announce Meridia Community Credit Union has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing. Additionally, the credit union has committed to a new five-year agreement for Integrated Credit Card Services, as well as five-year renewal agreements for numerous additional services.
Elan Charitable Giving Program Surpasses $2 Million in Donations
MINNEAPOLIS — Elan Credit Card today announced $250,000 in donations across 25 communities through its philanthropic initiative, the Elan Charitable Giving program. Each $10,000 donation was given to a local organization selected by an Elan Credit Card partner. “Over the last three years, this program has received such positive response from our partners and their
Pasadena Federal Credit Union Selects Hector Martin as Chief Strategy Officer (CSO)
Pasadena, CA, January 23, 2025. Pasadena Federal Credit Union proudly announces Hector Martin as its new Chief Strategy Officer (CSO). Martin will drive the Credit Union’s growth and strategic evolution, focusing on enhancing member and employee experiences, strengthening stakeholder engagement, and advancing the Credit Union’s mission to “Engage, Educate, and Inspire every community member.” Overseeing
Education Foundation for California Schools Announces Grant Recipients for 2024 Applicants
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 it awarded 119 grants to teachers throughout the state to help fund programs designed to encourage students to learn and excel in the core subjects of language arts, science and
Quavo Unveils Winners of Inaugural Trust in Banking Awards
Quavo Fraud & Disputes, a trusted advisor in dispute management solutions, today announced the winners of its inaugural Trust in Banking Awards. Quavo honors seven financial institutions that demonstrated superior performance throughout 2024 in the most critical trust-building areas of disputes: Speed, transparency, customer satisfaction, convenience, efficiency, accuracy, and flexibility.
Abbey Investment Services, LLC purchases Thein Financial, LLC
Abbey Investment Services, LLC, a wholly owned CUSO of Abbey Credit Union, announces the purchase of Thein Financial, LLC.
Redwood Credit Union Commemorates 75th Anniversary with Yearlong Celebration
Redwood Credit Union (RCU) is proud to announce its 75th anniversary with a yearlong celebration in 2025. RCU began in Santa Rosa in 1950 and has since expanded to serve 8 local counties, with 22 branches throughout Sonoma, Napa, Lake, Mendocino, San Francisco, and Marin counties, including a brand new branch in San Anselmo.
Baker Market Update – Week in Review: January 24, 2025
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
eDOC Innovations Grows with Fourteen New Clients in Q1
eDOC added fourteen new clients in Q1 of fiscal 2025 that began in October 2024. These clients implemented one or more of the variety of imaging solutions eDOC offers, including document imaging and workflow, check imaging and e-Sign solutions.
UMassFive Announces New Board Member Peter Rosskothen
UMassFive recently announced the addition of Peter Rosskothen to its Board of Directors. A seasoned business professional, Rosskothen brings over 35 years of business experience to UMassFive. Peter first became involved with the Credit Union through utilizing its business banking products and services five years ago.
Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary
Chartway Credit Union celebrated the grand opening of a new location on Pacific Ave in Virginia Beach, Virginia, today. The event brought together credit union members and leadership, community leaders, local dignitaries, and Hampton Roads Chamber leadership for a ribbon-cutting ceremony highlighting Chartway’s commitment to growth and community engagement through its charitable arm, Chartway Promise
For Immediate Release: First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)
Rochester, MN, January 22, 2025. First Alliance Credit Union is proud to announce Jake Dorsch as its new Chief Financial Officer (CFO). Dorsch will lead the Credit Union’s financial strategies, overseeing financial planning, budgeting, and risk management while driving growth and stability to support the Credit Union’s long-term success. Working closely with the executive team,
Truliant Continues Upstate S.C. Expansion with New Branch in Mauldin
Truliant, a top 100 U.S. credit union, announced that it opened a new branch in Mauldin, S.C., as part of its Upstate South Carolina expansion. The location is the fifth branch in Truliant’s Upstate expansion.
Post Office Employees’ Credit Union (POECU) Partners with Sharetec to Streamline Operations & Improve the Member Experience
Sharetec, an innovative core processor built to support credit unions of all sizes, is excited to announce their partnership with Louisiana-based credit union, Post Office Employees’ Credit Union (POECU). This partnership will boost the efficiencies, capabilities, and experience of both POECU’s staff and membership.
IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer
Washington, DC – January 15, 2025 – IDB Global Federal Credit Union proudly announces Jennifer Vinciguerra as its new Chief Human Resource Officer (CHRO). Vinciguerra will lead the Credit Union’s human resources strategies, overseeing talent development, employee engagement, and organizational culture while driving innovation to support the needs of its diverse workforce. Collaborating closely with
Craig Money Joins NASCUS Staff
The National Association of State Credit Union Supervisors (NASCUS) is pleased to announce the appointment of Craig Money as the organization’s Chief Member Engagement Officer.
BCU, AVIARYAI PARTNER TO REVOLUTIONIZE MEMBER SERVICES THROUGH AI FOLLOWING HURRICANE RELIEF OUTREACH
BCU and AviaryAI are excited to announce a significant strategic partnership as BCU invests in AviaryAI, a cutting-edge AI startup specializing in AI communications for financial institutions. This partnership emerges after a highly successful collaboration during the recent hurricane relief efforts, which demonstrated the profound impact of outbound AI voice agents on member support.
ELGA Credit Union and COPOCO Community Credit Union Announce Intent to Merge
The Board of Directors and leadership teams of ELGA Credit Union (ELGA CU) and COPOCO Community Credit Union (COPOCO) are excited to announce their agreement to merge pending regulatory approval and membership vote. Both credit unions were founded in 1951 to serve local Consumers Power Company employees and their families. ELGA, which has a name
USSFCU Welcomes Don DiMatteo as Chief Lending Officer
CUNA Strategic Services Aligns With Wipfli to Provide Access to Top C-Suite Talent and Streamline Loan Reviews
Chartway Announces Promotions of Dana Brock, Kelsey Jones and Jace White
GTE Financial Celebrates 90 Years of Service in the Tampa Bay Community
Cumberland County FCU Announces New Hire and Multiple Promotions
Unitus Community Credit Union Announces Partnership with The Wetlands Conservancy
Eltropy to demonstrate practical applications of generative AI for credit unions at GAC 2025
Baker Market Update – Week in Review: January 31, 2025
INOVA Federal Donates $510 To Church Community Services
Corporate One Presents CU Forward: Sharing Knowledge, Shaping Success on February 26, 2025
Sparrow and CUNA Strategic Services Unite to Empower Gen Z & Millennial Financial Futures
Advia Credit Union Exceeds $1 Million in 2024 Giving Across Michigan, Wisconsin, and Illinois
Meridia Community Credit Union Signs New and Renewal Agreements with Synergent
Elan Charitable Giving Program Surpasses $2 Million in Donations
Pasadena Federal Credit Union Selects Hector Martin as Chief Strategy Officer (CSO)
Education Foundation for California Schools Announces Grant Recipients for 2024 Applicants
Quavo Unveils Winners of Inaugural Trust in Banking Awards
Abbey Investment Services, LLC purchases Thein Financial, LLC
Redwood Credit Union Commemorates 75th Anniversary with Yearlong Celebration
Baker Market Update – Week in Review: January 24, 2025
eDOC Innovations Grows with Fourteen New Clients in Q1
UMassFive Announces New Board Member Peter Rosskothen
Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary
For Immediate Release: First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)
Truliant Continues Upstate S.C. Expansion with New Branch in Mauldin
Post Office Employees’ Credit Union (POECU) Partners with Sharetec to Streamline Operations & Improve the Member Experience
IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer
Craig Money Joins NASCUS Staff
BCU, AVIARYAI PARTNER TO REVOLUTIONIZE MEMBER SERVICES THROUGH AI FOLLOWING HURRICANE RELIEF OUTREACH
ELGA Credit Union and COPOCO Community Credit Union Announce Intent to Merge
USSFCU Welcomes Don DiMatteo as Chief Lending Officer
CUNA Strategic Services Aligns With Wipfli to Provide Access to Top C-Suite Talent and Streamline Loan Reviews
Chartway Announces Promotions of Dana Brock, Kelsey Jones and Jace White
GTE Financial Celebrates 90 Years of Service in the Tampa Bay Community
Cumberland County FCU Announces New Hire and Multiple Promotions
Unitus Community Credit Union Announces Partnership with The Wetlands Conservancy
Eltropy to demonstrate practical applications of generative AI for credit unions at GAC 2025
Baker Market Update – Week in Review: January 31, 2025
INOVA Federal Donates $510 To Church Community Services
Corporate One Presents CU Forward: Sharing Knowledge, Shaping Success on February 26, 2025
Sparrow and CUNA Strategic Services Unite to Empower Gen Z & Millennial Financial Futures
Advia Credit Union Exceeds $1 Million in 2024 Giving Across Michigan, Wisconsin, and Illinois
Meridia Community Credit Union Signs New and Renewal Agreements with Synergent
Elan Charitable Giving Program Surpasses $2 Million in Donations
Pasadena Federal Credit Union Selects Hector Martin as Chief Strategy Officer (CSO)
Education Foundation for California Schools Announces Grant Recipients for 2024 Applicants
Quavo Unveils Winners of Inaugural Trust in Banking Awards
Abbey Investment Services, LLC purchases Thein Financial, LLC
Redwood Credit Union Commemorates 75th Anniversary with Yearlong Celebration
Baker Market Update – Week in Review: January 24, 2025
eDOC Innovations Grows with Fourteen New Clients in Q1
UMassFive Announces New Board Member Peter Rosskothen
Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary
For Immediate Release: First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)
Truliant Continues Upstate S.C. Expansion with New Branch in Mauldin
Post Office Employees’ Credit Union (POECU) Partners with Sharetec to Streamline Operations & Improve the Member Experience
IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer
Craig Money Joins NASCUS Staff
BCU, AVIARYAI PARTNER TO REVOLUTIONIZE MEMBER SERVICES THROUGH AI FOLLOWING HURRICANE RELIEF OUTREACH
ELGA Credit Union and COPOCO Community Credit Union Announce Intent to Merge
TriUnity Foundation to Host Nationwide Virtual 5K to Support Members Facing Terminal Illness
Baker Market Update – Week in Review: August 15, 2025
Meet the Future of CU Leadership: 2025 CUES Emerging Leader Finalists Announced
Support EXP Launches “Beyond the Score” to Help Financial Institutions Spot Risks Hidden Behind Good CX Scores
Quavo Fraud & Disputes Selected to Debut Breakthrough AI Functionality at FinovateFall 2025
Corporate Central Promotes Kyle Gutierrez to Systems Engineer – Automation & Optimization
