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

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Nathan Snizik and Regan Schrimpf are the recipients of Day Air’s 2023 Academic Scholarships. The Day Air Academic Scholarships are awarded annually to local students who demonstrate academic achievement and community involvement.

Corporate One Strengthens Leadership Team with Promotion of Christine Mayes to Chief Member Engagement Officer

Corporate One Federal Credit Union announced today that Vice President, Member Success Executive Christine Mayes has been promoted to the position of Executive Vice President, Chief Member Engagement Officer. She will succeed current EVP, Chief Member Engagement Officer Paul Hixon, who will assist Mayes in transitioning to her new role until his retirement at the

Corporate One Featured in Federal Reserve’s FedNowSM Service Provider Showcase

Corporate One Federal Credit Union announced today that it has been featured in the Federal Reserve’s FedNow Service Provider Showcase, an online resource designed to connect financial institutions looking to adopt and innovate upon the FedNow Service with service providers offering instant payment solutions.

“We Don’t Believe In CDs” – Horizon FCU’s Journey to Deposit Growth

Horizon Federal Credit Union is on a mission to eradicate all but its 12-month CDs by September, and even eliminate those in 2024. CEO Justin Howard explains that the credit union is more interested in growing core deposits. The $147.1 million credit union instead is offering its 14,402 members checking accounts at 3.5% based on

United Federal Credit Union Names New Mortgage Production Manager in Grand Rapids

United Federal Credit Union (United) is pleased to announce the appointment of Jeffery Potter to Mortgage Production Manager. Potter will lead the Beltline Mortgage Production Office located at 1600 East Beltline Ave. NE, Suite 111 in Grand Rapids, Michigan.

CU Alliance® and the Houston Chapter of Credit Unions Raise $38,609 for Charities and Educational Scholarships with Annual Golf Tournament.

Houston, TX – June 6, 2023 – CU Alliance®, a leading Credit Union Service Organization based in Houston, in partnership with the Houston Chapter of Credit Unions, proudly announces that $38,609 was raised at the Chapter’s Annual Golf Tournament for chapter charities and educational scholarships. The Annual Golf Tournament, held on May 23rd at the

Corporate Central Announces Cameron Krueger as Marketing Coordinator

Good afternoon, Corporate Central is pleased to announce the promotion of Cameron Krueger from a part-time position to the role of full-time Marketing Coordinator. In this role, Krueger will be responsible for creating and scheduling email marketing and social media campaigns while making recommendations for improving key performance indicators (KPIs). He will also use graphic

Horizon Credit Union Announces New Loan Servicing Department

To keep up with the continued growth of our organization and the personal well-being of our members, we are excited to announce that we are developing an entirely-new loan servicing department. In addition, we are proud to announce the promotion of Kimberly Kanehailua (ka-ne-HAIL-u-ah), formerly collections manager, to director of loan servicing – where she

U.S. Senate Federal Credit Union Officially Cuts NSF and Overdraft Fees

Earlier this year USSFCU announced plans to eliminate overdraft and non-sufficient funds [NSF] fees by the second quarter of 2023. As of April 17, 2023, members no longer incur those fees on their accounts.

Vantage Launches New Digital Banking Platform and Redesigned Website

Vantage Credit Union launched a new, intuitive digital banking experience and a redesigned website at vcu.com in a continued commitment to delivering best-in-class member service. These enhancements provide new and updated features to help members manage their finances in the best way possible.

Securityplus Federal Credit Union Appoints Four New Board Members

Securityplus Federal Credit Union announced the appointment of four new members to its Board of Directors. Their diverse backgrounds and extensive expertise further strengthen the board’s ability to guide the credit union’s strategic direction and enhance member services.

Eltropy to Host Webinar on How CFIs Can Set Themselves Up for Success with ChatGPT

On June 8, Eltropy’s Murali Mahalingam and Saahil Kamath to provide actionable insights to help credit unions and banks harness the power of generative AI Eltropy, the leading digital conversations platform for community financial institutions, is pleased to announce an upcoming webinar titled “Cracking the Code on ChatGPT: How CFIs Can Set Themselves Up for

BCU HONORED WITH SILVER TELLY AWARD FOR OUTSTANDING VIDEO PRODUCTION 

BCU is thrilled to announce that it has been recognized with a Silver Telly award for its exceptional video production. The Credit Union’s creative team collaborated with production management company, The Urban Island, to create an engaging video to highlight the value of BCU membership.

Maine Credit Unions Join Forces to Fight Hunger in June

Credit unions across the state are coming together to support the fourth annual $100,000 Ending Hunger Challenge. This initiative kicks off on June 1 with a goal to raise $100,000 in 30 days for Maine Credit Unions’ Campaign for Ending Hunger. Proceeds from the monthlong fundraiser will support Good Shepherd Food Bank, local community food

Remembering the Legacy of Mark Schroeder: A Visionary Leader

Good afternoon, It is with profound sadness that Corporate Central announces the passing of Mark Schroeder, former President/CEO. Please see the attached press release and graphic. Thank you, Orianna

INOVA Federal Introduces Community to Their Renovated Corporate Headquarters

Elkhart, IN — INOVA Federal, a leading provider of innovative financial solutions, welcomed the community to tour their renovated corporate headquarters on May 18th. Following the ribbon-cutting, community members toured INOVA’s remodeled office, and were introduced to their state-of-the-art Interactive Branch Kiosks, which embody INOVA’s commitment to delivering revolutionary banking experiences to members. This leap

$750,000 SECU Foundation Grant Helps Surry Medical Ministries Expand and Open New Healthcare Clinic

SECU Foundation’s support of $750,000 for Surry Medical Ministries’ (SMM) newly expanded clinic, the SECU Health Resource Center, is good news for residents in Northwest North Carolina with little or no access to primary healthcare. The opening of the Center’s fully equipped medical office, inclusive of an ambulatory surgical center, will enable the non-profit to

Christian Financial Credit Union Outreach & Impact Foundation awards $4,500 in grants to local nonprofits

Sterling Heights, Mich., (May 25, 2023) – The Christian Financial Credit Union Outreach & Impact Foundation today announced four grants to be awarded to local organizations for a total of $4,500. Grant recipients included New Hope Center for Grief Support, WHOH Detroit, S.K.I.P. (Supporting Kids in Pain), and the Stevenson High School Band Boosters. New

New Product Releases

Corporate One Featured in Federal Reserve’s FedNowSM Service Provider Showcase

Corporate One Federal Credit Union announced today that it has been featured in the Federal Reserve’s FedNow Service Provider Showcase, ...
Personnel Promotions

Corporate One Strengthens Leadership Team with Promotion of Christine Mayes to Chief Member Engagement Officer

Corporate One Federal Credit Union announced today that Vice President, Member Success Executive Christine Mayes has been promoted to the ...
Making A Difference

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Nathan Snizik and Regan Schrimpf are the recipients of Day Air’s ...
Strategic Partnerships

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

The National Association of State Credit Union Supervisors (NASCUS) proudly announces the first round of signatures to the Cooperative Interstate ...
Lending

American Credit Union Mortgage Association (ACUMA) Announces Open Registration for 2023 Annual Conference

American Credit Union Mortgage Association (ACUMA) Announces Open Registration for 2023 Annual Conference
Other

CUSO Financial Services Announces New Partnership with Clearview Federal Credit Union

$1.8 Billion Clearview Federal Credit Union Joins Financial Institution Focused Wealth Management Firm
Charity Events

CU Alliance® and the Houston Chapter of Credit Unions Raise $38,609 for Charities and Educational Scholarships with Annual Golf Tournament.

Houston, TX – June 6, 2023 – CU Alliance®, a leading Credit Union Service Organization based in Houston, in partnership ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Production Manager in Grand Rapids

United Federal Credit Union (United) is pleased to announce the appointment of Jeffery Potter to Mortgage Production Manager. Potter will ...
New Product Releases

U.S. Senate Federal Credit Union Officially Cuts NSF and Overdraft Fees

Earlier this year USSFCU announced plans to eliminate overdraft and non-sufficient funds [NSF] fees by the second quarter of 2023. ...
Personnel Promotions

Horizon Credit Union Announces New Loan Servicing Department

To keep up with the continued growth of our organization and the personal well-being of our members, we are excited ...
Personnel Promotions

Corporate Central Announces Cameron Krueger as Marketing Coordinator

Good afternoon, Corporate Central is pleased to announce the promotion of Cameron Krueger from a part-time position to the role ...
Industry Analysis & Trends

Eltropy to Host Webinar on How CFIs Can Set Themselves Up for Success with ChatGPT

On June 8, Eltropy’s Murali Mahalingam and Saahil Kamath to provide actionable insights to help credit unions and banks harness ...
Other

Securityplus Federal Credit Union Appoints Four New Board Members

Securityplus Federal Credit Union announced the appointment of four new members to its Board of Directors. Their diverse backgrounds and ...
Other

Kevin Chiappetta Elected PCR from the Midwestern US Subregion for the CFA Institute

QuantyPhi is delighted to announce the election of Kevin Chiappetta, CFA, President of QuantyPhi, as the Presidents Council Representative (PCR) ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 2, 2023

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

Vantage Launches New Digital Banking Platform and Redesigned Website

Vantage Credit Union launched a new, intuitive digital banking experience and a redesigned website at vcu.com in a continued commitment ...
Operations & HR

Gulf Winds Remembers Longtime Board Member Fred Houston

Gulf Winds Credit Union remembers Fred Houston, board member for more than 50 years, who passed away on May 26, ...
Personnel Promotions

Gulf Winds Selects Scott Slattery as Chief Lending Officer

Gulf Winds Credit Union is pleased to announce the appointment of Scott Slattery as its Chief Lending Officer, effective June ...
Making A Difference

Securityplus Federal Credit Union Successfully Partnered With A Million Thanks for Military Appreciation Month

Securityplus Federal Credit Union proudly announces the successful completion of its partnership with A Million Thanks, a non-profit organization dedicated ...
New Product Releases

Greater Texas’ New Smart Assistant Delivers Quick Access to Important Credit Union Information

Interacting with Greater Texas Credit Union and its Aggieland subsidiary just got easier, with the launch of a new virtual ...
Marketing

BCU HONORED WITH SILVER TELLY AWARD FOR OUTSTANDING VIDEO PRODUCTION 

BCU is thrilled to announce that it has been recognized with a Silver Telly award for its exceptional video production. ...
Making A Difference

Maine Credit Unions Join Forces to Fight Hunger in June

Credit unions across the state are coming together to support the fourth annual $100,000 Ending Hunger Challenge. This initiative kicks ...
Charity Events

Service One Credit Union Donates $20,000 to the WKU College Heights Foundation

Service One Credit Union donates $20,000 to the College Heights Foundation at Western Kentucky University (WKU) to provide student scholarships.
Strategic Partnerships

CRMNEXT and Arkatechture Partner to Launch ‘ArkaNEXT’

Arkatechture and CRMNEXT have partnered to offer a joint solution for credit unions to create an insightful and actionable interface ...
Other

Remembering the Legacy of Mark Schroeder: A Visionary Leader

Good afternoon, It is with profound sadness that Corporate Central announces the passing of Mark Schroeder, former President/CEO. Please see ...
Other

INOVA Federal Introduces Community to Their Renovated Corporate Headquarters

Elkhart, IN — INOVA Federal, a leading provider of innovative financial solutions, welcomed the community to tour their renovated corporate ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 26, 2023

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

Christian Financial Credit Union Outreach & Impact Foundation awards $4,500 in grants to local nonprofits

Sterling Heights, Mich., (May 25, 2023) – The Christian Financial Credit Union Outreach & Impact Foundation today announced four grants ...
Strategic Partnerships

Cyprus Credit Union Chooses Eltropy as Its Digital Conversations Platform

Eltropy, the leading digital conversations platform for community financial institutions, is excited to announce that Cyprus Credit Union has chosen ...
Making A Difference

$750,000 SECU Foundation Grant Helps Surry Medical Ministries Expand and Open New Healthcare Clinic

SECU Foundation’s support of $750,000 for Surry Medical Ministries’ (SMM) newly expanded clinic, the SECU Health Resource Center, is good ...
New Product Releases

Corporate One Featured in Federal Reserve’s FedNowSM Service Provider Showcase

Corporate One Federal Credit Union announced today that it has been featured in the Federal Reserve’s FedNow Service Provider Showcase, ...
Personnel Promotions

Corporate One Strengthens Leadership Team with Promotion of Christine Mayes to Chief Member Engagement Officer

Corporate One Federal Credit Union announced today that Vice President, Member Success Executive Christine Mayes has been promoted to the ...
Making A Difference

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Nathan Snizik and Regan Schrimpf are the recipients of Day Air’s ...
Strategic Partnerships

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

The National Association of State Credit Union Supervisors (NASCUS) proudly announces the first round of signatures to the Cooperative Interstate ...
Lending

American Credit Union Mortgage Association (ACUMA) Announces Open Registration for 2023 Annual Conference

American Credit Union Mortgage Association (ACUMA) Announces Open Registration for 2023 Annual Conference
Other

CUSO Financial Services Announces New Partnership with Clearview Federal Credit Union

$1.8 Billion Clearview Federal Credit Union Joins Financial Institution Focused Wealth Management Firm
Charity Events

CU Alliance® and the Houston Chapter of Credit Unions Raise $38,609 for Charities and Educational Scholarships with Annual Golf Tournament.

Houston, TX – June 6, 2023 – CU Alliance®, a leading Credit Union Service Organization based in Houston, in partnership ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Production Manager in Grand Rapids

United Federal Credit Union (United) is pleased to announce the appointment of Jeffery Potter to Mortgage Production Manager. Potter will ...
New Product Releases

U.S. Senate Federal Credit Union Officially Cuts NSF and Overdraft Fees

Earlier this year USSFCU announced plans to eliminate overdraft and non-sufficient funds [NSF] fees by the second quarter of 2023. ...
Personnel Promotions

Horizon Credit Union Announces New Loan Servicing Department

To keep up with the continued growth of our organization and the personal well-being of our members, we are excited ...
Personnel Promotions

Corporate Central Announces Cameron Krueger as Marketing Coordinator

Good afternoon, Corporate Central is pleased to announce the promotion of Cameron Krueger from a part-time position to the role ...
Industry Analysis & Trends

Eltropy to Host Webinar on How CFIs Can Set Themselves Up for Success with ChatGPT

On June 8, Eltropy’s Murali Mahalingam and Saahil Kamath to provide actionable insights to help credit unions and banks harness ...
Other

Securityplus Federal Credit Union Appoints Four New Board Members

Securityplus Federal Credit Union announced the appointment of four new members to its Board of Directors. Their diverse backgrounds and ...
Other

Kevin Chiappetta Elected PCR from the Midwestern US Subregion for the CFA Institute

QuantyPhi is delighted to announce the election of Kevin Chiappetta, CFA, President of QuantyPhi, as the Presidents Council Representative (PCR) ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 2, 2023

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

Vantage Launches New Digital Banking Platform and Redesigned Website

Vantage Credit Union launched a new, intuitive digital banking experience and a redesigned website at vcu.com in a continued commitment ...
Operations & HR

Gulf Winds Remembers Longtime Board Member Fred Houston

Gulf Winds Credit Union remembers Fred Houston, board member for more than 50 years, who passed away on May 26, ...
Personnel Promotions

Gulf Winds Selects Scott Slattery as Chief Lending Officer

Gulf Winds Credit Union is pleased to announce the appointment of Scott Slattery as its Chief Lending Officer, effective June ...
Making A Difference

Securityplus Federal Credit Union Successfully Partnered With A Million Thanks for Military Appreciation Month

Securityplus Federal Credit Union proudly announces the successful completion of its partnership with A Million Thanks, a non-profit organization dedicated ...
New Product Releases

Greater Texas’ New Smart Assistant Delivers Quick Access to Important Credit Union Information

Interacting with Greater Texas Credit Union and its Aggieland subsidiary just got easier, with the launch of a new virtual ...
Marketing

BCU HONORED WITH SILVER TELLY AWARD FOR OUTSTANDING VIDEO PRODUCTION 

BCU is thrilled to announce that it has been recognized with a Silver Telly award for its exceptional video production. ...
Making A Difference

Maine Credit Unions Join Forces to Fight Hunger in June

Credit unions across the state are coming together to support the fourth annual $100,000 Ending Hunger Challenge. This initiative kicks ...
Charity Events

Service One Credit Union Donates $20,000 to the WKU College Heights Foundation

Service One Credit Union donates $20,000 to the College Heights Foundation at Western Kentucky University (WKU) to provide student scholarships.
Strategic Partnerships

CRMNEXT and Arkatechture Partner to Launch ‘ArkaNEXT’

Arkatechture and CRMNEXT have partnered to offer a joint solution for credit unions to create an insightful and actionable interface ...
Other

Remembering the Legacy of Mark Schroeder: A Visionary Leader

Good afternoon, It is with profound sadness that Corporate Central announces the passing of Mark Schroeder, former President/CEO. Please see ...
Other

INOVA Federal Introduces Community to Their Renovated Corporate Headquarters

Elkhart, IN — INOVA Federal, a leading provider of innovative financial solutions, welcomed the community to tour their renovated corporate ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 26, 2023

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

Christian Financial Credit Union Outreach & Impact Foundation awards $4,500 in grants to local nonprofits

Sterling Heights, Mich., (May 25, 2023) – The Christian Financial Credit Union Outreach & Impact Foundation today announced four grants ...
Strategic Partnerships

Cyprus Credit Union Chooses Eltropy as Its Digital Conversations Platform

Eltropy, the leading digital conversations platform for community financial institutions, is excited to announce that Cyprus Credit Union has chosen ...
Making A Difference

$750,000 SECU Foundation Grant Helps Surry Medical Ministries Expand and Open New Healthcare Clinic

SECU Foundation’s support of $750,000 for Surry Medical Ministries’ (SMM) newly expanded clinic, the SECU Health Resource Center, is good ...

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This is especially critical today, with ...

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, Chief Lending Officer, and Chief ...

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech supporting more than 280 credit ...

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit debit card program. Since beginning ...

United Federal Credit Union Names Zach Thompson Branch Manager in Buchanan

United Federal Credit Union (United) has named Zach Thompson as Branch Manager at its branch at 808 E Front St. in Buchanan.

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

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