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

Gulf Winds Cares Foundation Announces $25,000 in Scholarships Available for Local Students

Gulf Winds Credit Union is pleased to announce the Gulf Winds Cares Foundation will be awarding $25,000 in scholarships for the 2024-2025 school year. There are five scholarships available to local students in the amount of $5,000 each. Three scholarships will be awarded to high school seniors entering a college or university. One scholarship is

Sharetec Signs on 22 New Credit Unions in 2023

Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit unions in 2023.

Synergent Welcomes Randy Stolp as Its New President

Synergent®, a leading financial technology and services company for credit unions nationwide, is pleased to announce the appointment of Randy Stolp as its new President, effective January 22. Having served in the credit union industry for 22 years, Stolp brings a wealth of experience and a proven track record and is well positioned to lead

TESLA (TSLA) PARTNERS WITH ORIGENCE TO BRING AFFORDABLE CREDIT UNION FINANCING TO ELECTRIC VEHICLE BUYERS

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, have partnered to offer credit union financing to EV buyers through the Tesla website. Origence is leveraging its new licensed subsidiary, FI Connect, to purchase and place retail contracts with partner credit unions nationwide. FI

Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand

Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly 120,000 members and assets valued at over $1.9 billion, is proud to announce a modernized rebrand. For nearly two years, the company engaged trusted partners, members, and residents of the greater Pittsburgh region to define the direction of its new

Day Air Credit Union Receives Prestigious 2023 Award for Community Service

Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio Credit Union League. This accolade is in recognition of Day Air’s significant contributions through the Bridges Program of Choices, Inc., reflecting a deep commitment to social responsibility and community development.

Advia Credit Union commits $40,000 in Youth and WMU Aviation Scholarships

Advia Credit Union is proud to commit $40,000 in scholarships for 2024. Headquartered in Oshtemo, MI, the financial institution is now accepting applications for the Youth Scholarship Program and Cheryl A. DeBoer Soar Higher Award until March 16, 2024. The scholarships include:

SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as the premium sponsor for the Education Leadership Summit presented Nov. 16 at California State University, San Bernardino (CSUSB). The gathering of visionary leaders, educators and educational innovators provided a unique opportunity for its attendees to engage with experts and

Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and document management, proudly announces the signing of three core renewal agreements in December, marking a successful conclusion to 2023. Mike Bass, Director of Sales and Partner Relations, expressed gratitude for the ongoing support and trust

SESLOC Announces CEO Retirement

SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the credit union. LaChance will be succeeded by Executive Vice President/ Chief Financial Officer Mike Quamma. LaChance led SESLOC’s technology infrastructure in place today which includes robust systems and a keen focus on digital technologies that

Coastal Credit Union Names Two New Vice Presidents

Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton has been hired as VP, Marketing. In this role, Shelton and her department will be responsible for all aspects of Coastal’s branding, advertising, product growth, and membership growth. She’ll also be responsible for the credit

Maine Savings Federal Credit Union Renews Partnership with Synergent

Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing and a five-year renewal agreement for Opening Act™. Maine Savings also has signed a five-year renewal agreement with Synergent to provide fully integrated debit and credit card processing services

Eltropy Celebrates 600 Customer Milestone

Eltropy, the leading digital conversations platform, announced today it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest fintech company in the CFI space to achieve this milestone. As part of the achievement, the company announced it is boosting investments in Generative AI and product R&D by 36% in 2024. Eltropy’s Generative AI

OCCU celebrates its biggest volunteer year

OCCU team members volunteered more than 4,500 hours in 2023, the biggest year yet for employee volunteerism.

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an exclusive Credit Union Core Processor, founded in 1980, that provides premium software and IT services to the credit union industry. CBS delivers innovative technology and provides credit unions with a solution that is secure, simple,

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces its recent distribution of $65,000 to seven deserving nonprofits. These funds are poised to amplify the significant impact these organizations have both locally in the metropolitan Washington region and on a broader national scale.

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, is proud to announce that Collections Manager, Will Michaels, has successfully completed the prestigious year-long Lead Morris program offered through the Morris County Chamber of Commerce. Lead Morris is a comprehensive leadership development program tailored

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high note, distributing $17,300 to seven worthy recipients across St. Clair, Oakland, and Wayne counties. Grant recipients included: • Deo Gratias Ministries Detroit – $5,000 to stock their food pantry. • The Jenna Kast Believe in

Making A Difference

Gulf Winds Cares Foundation Announces $25,000 in Scholarships Available for Local Students

Gulf Winds Credit Union is pleased to announce the Gulf Winds Cares Foundation will be awarding $25,000 in scholarships for ...
Making A Difference

Whitefish Credit Union Announces Record-High Dividend Payment

Whitefish Credit Union has reached a significant milestone in its 90-year history, distributing over $38 million in dividends to its ...
Strategic Partnerships

Sharetec Signs on 22 New Credit Unions in 2023

Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit ...
Operations & HR

Synergent Welcomes Randy Stolp as Its New President

Synergent®, a leading financial technology and services company for credit unions nationwide, is pleased to announce the appointment of Randy ...
Lending

TESLA (TSLA) PARTNERS WITH ORIGENCE TO BRING AFFORDABLE CREDIT UNION FINANCING TO ELECTRIC VEHICLE BUYERS

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

Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand

Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly 120,000 members and assets valued ...
Making A Difference

Day Air Credit Union Receives Prestigious 2023 Award for Community Service

Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio ...
Making A Difference

Advia Credit Union commits $40,000 in Youth and WMU Aviation Scholarships

Advia Credit Union is proud to commit $40,000 in scholarships for 2024. Headquartered in Oshtemo, MI, the financial institution is ...
New Product Releases

Callahan & Associates Invites Credit Unions To Participate In Annual Non-Interest Income (NII) Survey

To empower credit unions with the actionable insights needed to refine their non-interest income (NII) strategy, Callahan & Associates is ...
Other

A Blueprint for Success: The 2024 CUES Learning & Events Calendar Now Available

.— Talent development leader CUES has released its 2024 Learning & Events Calendar to help credit union leaders easily and ...
Making A Difference

SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as the premium sponsor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 12, 2024

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

myCUmortgage Announces Four New Credit Union Partnerships in Q4

A total of 13 new partnerships in 2023, including these four in Q4, helps myCUmortgage fulfill its mission of empowering ...
Technology

Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and ...
Personnel Promotions

SESLOC Announces CEO Retirement

SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the ...
Making A Difference

Advia Credit Union Celebrates 10-Year Anniversary with Community Impact: Launches Canned Food Drive to Address Food Insecurities

While Advia has been proudly serving its communities for nearly 90 years, this January marks a decade united under the ...
Other

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets ...
Personnel Promotions

Coastal Credit Union Names Two New Vice Presidents

Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton ...
Strategic Partnerships

Maine Savings Federal Credit Union Renews Partnership with Synergent

Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for ...
Making A Difference

United Federal Credit Union’s ‘Pay It Forward’ Program Helps Local Communities with More Than $14,000 Donated

United Federal Credit Union (United) donated more than $14,200 to 54 different individuals and community organizations across six states during ...
Other

Calling All CU Changemakers: Apply for the CUES Emerging Leader Program 2024

The emerging leader program, CUES Emerge, is now accepting applications for the 2024 cohort. Offered in partnership with Currency Marketing, ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 05, 2024

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

Indiana Members Credit Union Contributes $1,500 to Greenwood Community High School

Indiana Members Credit Union presented a check for $1,500 to Greenwood Community High School as part of an ongoing school ...
Marketing

Eltropy Celebrates 600 Customer Milestone

Eltropy, the leading digital conversations platform, announced today it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest ...
Making A Difference

OCCU celebrates its biggest volunteer year

OCCU team members volunteered more than 4,500 hours in 2023, the biggest year yet for employee volunteerism.
Operations & HR

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an ...
Making A Difference

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces ...
Operations & HR

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high ...
Strategic Partnerships

Oshkosh Community Credit Union Chooses Sharetec for Its Compatibility

Sharetec, one of the fastest-growing leaders in the core processing space, has announced its partnership with Oshkosh Community Credit Union ...
Making A Difference

Gulf Winds Cares Foundation Announces $25,000 in Scholarships Available for Local Students

Gulf Winds Credit Union is pleased to announce the Gulf Winds Cares Foundation will be awarding $25,000 in scholarships for ...
Making A Difference

Whitefish Credit Union Announces Record-High Dividend Payment

Whitefish Credit Union has reached a significant milestone in its 90-year history, distributing over $38 million in dividends to its ...
Strategic Partnerships

Sharetec Signs on 22 New Credit Unions in 2023

Sharetec, a leading innovator in core processing software for credit unions, celebrated a record year, partnering with 22 new credit ...
Operations & HR

Synergent Welcomes Randy Stolp as Its New President

Synergent®, a leading financial technology and services company for credit unions nationwide, is pleased to announce the appointment of Randy ...
Lending

TESLA (TSLA) PARTNERS WITH ORIGENCE TO BRING AFFORDABLE CREDIT UNION FINANCING TO ELECTRIC VEHICLE BUYERS

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

Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand

Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly 120,000 members and assets valued ...
Making A Difference

Day Air Credit Union Receives Prestigious 2023 Award for Community Service

Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio ...
Making A Difference

Advia Credit Union commits $40,000 in Youth and WMU Aviation Scholarships

Advia Credit Union is proud to commit $40,000 in scholarships for 2024. Headquartered in Oshtemo, MI, the financial institution is ...
New Product Releases

Callahan & Associates Invites Credit Unions To Participate In Annual Non-Interest Income (NII) Survey

To empower credit unions with the actionable insights needed to refine their non-interest income (NII) strategy, Callahan & Associates is ...
Other

A Blueprint for Success: The 2024 CUES Learning & Events Calendar Now Available

.— Talent development leader CUES has released its 2024 Learning & Events Calendar to help credit union leaders easily and ...
Making A Difference

SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as the premium sponsor for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 12, 2024

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

myCUmortgage Announces Four New Credit Union Partnerships in Q4

A total of 13 new partnerships in 2023, including these four in Q4, helps myCUmortgage fulfill its mission of empowering ...
Technology

Aurora Advantage Announces 3 Core Renewal Agreements Signed to Close Out 2023

Aurora Advantage, Powered by CSPI, a leading innovator in the credit union industry specializing in core banking, digital banking, and ...
Personnel Promotions

SESLOC Announces CEO Retirement

SESLOC Credit Union announced today that Geri LaChance will retire at SESLOC after 12 years at the helm of the ...
Making A Difference

Advia Credit Union Celebrates 10-Year Anniversary with Community Impact: Launches Canned Food Drive to Address Food Insecurities

While Advia has been proudly serving its communities for nearly 90 years, this January marks a decade united under the ...
Other

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets

CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets ...
Personnel Promotions

Coastal Credit Union Names Two New Vice Presidents

Coastal Credit Union announced that it has named two new vice presidents, in Marketing and Learning & Development. Michelle Shelton ...
Strategic Partnerships

Maine Savings Federal Credit Union Renews Partnership with Synergent

Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement with Synergent for ...
Making A Difference

United Federal Credit Union’s ‘Pay It Forward’ Program Helps Local Communities with More Than $14,000 Donated

United Federal Credit Union (United) donated more than $14,200 to 54 different individuals and community organizations across six states during ...
Other

Calling All CU Changemakers: Apply for the CUES Emerging Leader Program 2024

The emerging leader program, CUES Emerge, is now accepting applications for the 2024 cohort. Offered in partnership with Currency Marketing, ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 05, 2024

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

Indiana Members Credit Union Contributes $1,500 to Greenwood Community High School

Indiana Members Credit Union presented a check for $1,500 to Greenwood Community High School as part of an ongoing school ...
Marketing

Eltropy Celebrates 600 Customer Milestone

Eltropy, the leading digital conversations platform, announced today it has surpassed 600 community financial institutions (CFI) customers, becoming the fastest ...
Making A Difference

OCCU celebrates its biggest volunteer year

OCCU team members volunteered more than 4,500 hours in 2023, the biggest year yet for employee volunteerism.
Operations & HR

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an ...
Making A Difference

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces ...
Operations & HR

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high ...
Strategic Partnerships

Oshkosh Community Credit Union Chooses Sharetec for Its Compatibility

Sharetec, one of the fastest-growing leaders in the core processing space, has announced its partnership with Oshkosh Community Credit Union ...

Previewing the NASCUS State System Summit in Colorado Springs

The National Association of State Credit Union Supervisors (NASCUS) will convene its 59th annual meeting, the State System Summit (S3), from October 21-23, 2024, at ...

MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION LEVERAGES ORIGENCE’S PLATFORMS TO STREAMLINE PROCESSES AND SUPPORT GROWTH INITIATIVES

Michigan State University Federal Credit Union (MSUFCU) partners with Origence, the leading lending technology solutions provider for credit unions, to streamline processes and enhance its ...

ACUMA Welcomes New Board Member; Slate of Officers Approved

The American Credit Union Mortgage Association (ACUMA) has added Brandon Webb, Senior VP of Mortgage Lending at Arkansas Federal Credit Union, to its Board of ...

Advia Credit Union Grows Stronger in Illinois with Completed Purchase of NorthSide Community Bank

Advia Credit Union is pleased to announce that its merger with NorthSide Community Bank, headquartered in Gurnee, Illinois, is now official as of October 1, ...

GTE Financial Triumphs with Bronze Marketing Association of Credit Unions Award for Culture/Internal Branding for Compliance Week

GTE Financial, a leading credit union in Tampa Bay, was honored this month with the prestigious Bronze Marketing Association of Credit Unions (MAC) Award for ...

Maine Credit Unions Launch Challenge to Fight Hunger

As part of their longstanding efforts, Maine credit unions are proud to announce the launch of their fifth annual $100,000 Ending Hunger Challenge. Throughout the ...
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