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.

UMassFive Helps Award $4,000 in Scholarships By UMassFive College Federal Credit Union

UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Firas Hashmi, and Jack Wagner, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Pioneer Valley Chapter of Credit Unions.

UMassFive College Federal Credit Union June 21, 2023

RenoFi Signs Distribution Agreement with TruStage to Help Credit Unions Offer Next Generation Home Renovation Loans to Their Members By RenoFI

RenoFi’s “Renovation Underwriter” empowers credit unions to offer after-renovation-value home equity loans by underwriting the risk of the renovation and by providing a fully digital, end-to-end process for the homeowner and credit union. RenoFi announced today it has signed a distribution agreement with TruStage to bring home renovation financing solutions to credit unions across the

RenoFI June 20, 2023

StarTribune Names TopLine Financial Credit Union A 2023 National Standard Top Workplace By TopLine Financial Credit Union

opLine Financial Credit Union has been named one of the Top Workplaces in Minnesota by the Star Tribune. A complete list of those selected is available online at Star Tribune Top Workplace 2023. Produced by the same team that compiles the 32-year-old Star Tribune 100 report of the best-performing public companies in Minnesota, Top Workplaces

TopLine Financial Credit Union June 20, 2023

Baker Market Update – Week in Review: June 16, 2023 By The Baker Group, LP

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

The Baker Group, LP June 16, 2023

Truliant Completes 742 Panel Rooftop Solar Installation at Operations Center By Truliant Federal Credit Union

Truliant Federal Credit Union has completed a 742 panel solar installation on the roof of its new Hanes Mall Operations Center.

Truliant Federal Credit Union June 15, 2023

Benjamin Rempe Joins National Cooperative Bank Credit Union Team as Senior Vice President By National Cooperative Bank

National Cooperative Bank (NCB), a leading financial institution dedicated to servicing credit unions and cooperatives nationwide is pleased to announce that Benjamin Rempe has joined the Credit Union team as Senior Vice President. In his new role at NCB, Mr. Rempe will help grow NCB’s credit union line of business offering correspondent services, treasury services,

National Cooperative Bank June 15, 2023

Alloya’s 2023 Credit Union Executive Leadership Symposium Returns to Las Vegas this September By Alloya Corporate Federal Credit Union

In its ninth year, Alloya’s Credit Union Executive Leadership Symposium will return to The Palazzo at The Venetian Resort in Las Vegas from September 6-8, 2023.

Alloya Corporate Federal Credit Union June 15, 2023

Synergent Partners with the Cooperative Credit Union Association to Offer Marketing and Statement Services By Synergent

Synergent® and the Cooperative Credit Union Association (CCUA) are partnering to provide Synergent’s Marketing Suite of Services and Statement Processing to credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island. The partnership, announced last week at CCUA’s CU Marketplace tradeshow, will empower the two organizations to work together (or independently) to further meet the

Synergent June 15, 2023

Credit Unions Talk Technology at Origence’s Lending Tech Live ’23 Conference By Origence

Origence, the leading lending technology solutions provider for credit unions, concluded its annual conference, Lending Tech Live ’23. The event brought together leaders from hundreds of credit unions across the country, along with auto dealers, fintech executives, and technology providers. Keynote sessions were delivered by notable figures such as Steve Forbes, chairman and editor-in-chief of

Origence June 15, 2023

LGE Community Credit Union awards $32,500 in scholarships to local high school students By LGE Community Credit Union

LGE Community Credit Union is proud to announce the winners of the 2023 LGE Community Credit Union Scholarship and the Positive Athlete LGE Extra Credit Award. These awards reflect the credit union’s commitment to education and are designed to support high school students from Bartow, Cherokee, Cobb, Douglas, Fulton, and Paulding counties.

LGE Community Credit Union June 14, 2023

MeridianLink Helps Florida’s Third Largest Credit Union Increase Automated Approvals by Over 25% By MeridianLink, Inc.

Space Coast Credit Union achieves significant workflow gains and enhanced member experience with reduced application decisioning and funding times through use of the MeridianLink One platform

MeridianLink, Inc. June 14, 2023

Orange County’s Credit Union Welcomes Barb Krol as Chief Associate Experience Officer By Orange County’s Credit Union

Orange County’s Credit Union is pleased to announce the appointment of human resources expert Barb Krol as Chief Associate Experience Officer, leading the human resources department as well as the learning and development teams to ensure meaningful growth and professional development for all associates. Barb brings her impressive 25 years of professional experience in human

Orange County’s Credit Union June 13, 2023

Origence Announces arc DX Integration with ICG By Origence

Origence, the nation’s leading provider of lending software and solutions to the credit union industry, announced a partnership with iCheckGateway.com, iCG, an all-in-one payment solutions gateway set to streamline payment solutions across the origination platform and digital experience. The integration will work with new account funding giving credit unions the power to accept a wide

Origence June 13, 2023

North Carolina State Employees’ Credit Union Board of Directors Names New CEO By State Employees’ Credit Union

State Employees’ Credit Union (SECU) Board of Directors announced today that Leigh Brady has been named CEO. The appointment follows the resignation of Jim Hayes, who is leaving SECU to become CEO of State Department Federal Credit Union in Alexandria, Virginia. Brady is the Credit Union’s first female CEO.

State Employees’ Credit Union June 13, 2023

SDFCU Announces Jim Hayes as New CEO By Humanidei

Alexandria, VA, June 13, 2023 — State Department Federal Credit Union (SDFCU) is pleased to announce Jim Hayes as its new President/CEO effective July 31, 2023. He succeeds Jan Roche who is retiring after twenty years of service with SDFCU. “The board is excited to welcome Jim Hayes as our new President/CEO. Jim is an

Humanidei June 13, 2023

Horizon Credit Union Raises Nearly $20k for CU4Kids Campaign By Horizon Credit Union

From May 1 to May 19, Horizon Credit Union members and employees teamed up to raise $19,521 for the annual Credit Unions for Kids (CU4Kids) campaign, far exceeding this year’s goal of $15,000.

Horizon Credit Union June 13, 2023

Revolutionizing Employee Benefits: CUSO Reveals Success Stories from Leading Credit Unions By Corporate Central Credit Union

InterLutions, an innovative employee benefits CUSO, recently hosted a forum exclusively for large credit unions to share their “results of collaboration.” The CUSO was formed to help lower medical insurance costs, mitigate the risk of high-cost claims, and enhance employee benefit plans. Please see the full press release and graphic attached.

Corporate Central Credit Union June 13, 2023

CUSO Financial Services Welcomes Allegent Community Federal Credit Union By CUSO Financial Services, L.P.

$278 million Allegent Community Federal Credit Union is third financial institution to join CUSO Financial Services from LPL Financial this month.

CUSO Financial Services, L.P. June 13, 2023

Outsourcing Collections to the Right Partner Will Lead to More Effective Debt Recovery By TriVerity & The Loan Service Center

Outsourcing collections, especially to an all-inclusive partner, can help navigate potential pain points and avoid a decrease in staffing due to low employee performance and morale.

TriVerity & The Loan Service Center June 12, 2023

Arizona Department of Insurance and Financial Institutions Receives 2023 NASCUS Accreditation By NASCUS

The National Association of State Credit Union Supervisors (NASCUS) is proud to announce that the Arizona Department of Insurance and Financial Institutions (DIFI) has earned Accreditation following a series of in-depth reviews and assessments by a panel of veteran state supervisors.

NASCUS June 12, 2023

Chief Financial Credit Union Encourages Budget-Friendly Summers with Children Out of School By Chief Financial Federal Credit Union

Chief Financial’s Savvy Spender helps parents come up with fun, budget-friendly ideas to have fun with kids during the summer.

Chief Financial Federal Credit Union June 12, 2023

Baker Market Update – Week in Review: June 9, 2023 By The Baker Group, LP

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

The Baker Group, LP June 9, 2023

Video Banking Evolution: Eltropy Empowers Community Financial Institutions to Delight Consumers By Eltropy

Eltropy, the trailblazing digital conversations platform empowering community financial institutions (CFIs), announced the surging demand for Video Banking. Eltropy’s enterprise Video Banking first gained momentum during the pandemic as the preferred platform for CFIs to provide safe and convenient banking access. As the financial services industry undergoes a transformative shift, community banks and credit unions

Eltropy June 9, 2023

United Federal Credit Union Mortgage Advisor Named in Top 250 Latino Mortgage Originators Award By United Federal Credit Union

United Federal Credit Union Mortgage Advisor, Roberto Castillo, was recently named to the “Top 250 Latino Mortgage Originators” list by the National Association of Hispanic Real Estate Professionals (NAHREP).

United Federal Credit Union June 9, 2023

Corporate One Announces Additions to Board of Directors and Committees By Corporate One Federal Credit Union

Corporate One announced the following additions to our Board of Directors and committees: • Daniel Smith, Chief Financial Officer at Wright-Patt Credit Union in Beavercreek, Ohio, has been appointed to the Corporate One Board of Directors. • Daniel Souers, President/CEO at Gulf Winds Credit Union in Pensacola, Fla., has been appointed to the Corporate One

Corporate One Federal Credit Union June 8, 2023

Groundbreaking Discussion Series CUES RealTalk! Set to Return in 2023 By CUES

Free online discussion series CUES RealTalk! is making its return in 2023, with a focus on real stories from women in the workforce.

CUES June 8, 2023

TopLine Financial Credit Union Recognized for Top Marketing Efforts By TopLine Financial Credit Union

TopLine Financial Credit Union was honored with four marketing awards from the Marketing Association of Credit Unions. The Marketing Association of Credit Unions (MAC) Awards honored TopLine in four categories: Annual Report, Broadcast Video, Community Engagement and Social Media.

TopLine Financial Credit Union June 8, 2023

$1.5 Million Grant from SECU Foundation Aids Campus Expansion of Tammy Lynn Center By State Employees’ Credit Union

A $1.5 million grant from SECU Foundation has helped the Tammy Lynn Memorial Foundation move forward with a multi-phase campus expansion of the Tammy Lynn Center (TLC), its Wake County hub for statewide operations. TLC provides diverse on-site and community-based programs for children and adults with intellectual and developmental disabilities, including medical, residential, therapy, education,

State Employees’ Credit Union June 8, 2023

CUSO Financial Services Announces New Partnership with West-Aircomm Federal Credit Union By CUSO Financial Services, L.P.

$322 Million West-Aircomm Federal Credit Union is Second Financial Institution to Join CFS from LPL Financial this Month.

CUSO Financial Services, L.P. June 8, 2023

NASCUS Regulatory Member Agencies Sign the Cooperative Interstate Agreement for the Supervision of State-Chartered Credit Unions By NASCUS

The National Association of State Credit Union Supervisors (NASCUS) proudly announces the first round of signatures to the Cooperative Interstate Agreement for the Supervision of State-Chartered Credit Unions. As of this release, signatories of the agreement include: Colorado, Connecticut, Florida, Georgia, Indiana, Kansas, Kentucky, Michigan, Mississippi, Missouri, and Texas.

NASCUS June 7, 2023

Legal/Regulatory

Oregon legislature passes high school financial literacy bill

June 21, 2023

The Oregon Legislature has just passed SB 3, which guarantees high school students a full semester credit of personal finance ...