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.
GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union By United Federal Credit Union
Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, 2024 following an approved vote by GOLD members on March 21.
Educational Federal Credit Union Selects John Sapp as Executive Vice President By Humanidei
Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as the credit union’s new Executive Vice President (EVP). This position will place Sapp in a critical role overseeing various functions, including retail delivery, finance, lending, marketing, information technology, and operations. Sapp will be a key
Baker Market Update – Week in Review: March 22, 2024
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 $7,969 To World Council of Credit Unions By INOVA Federal Credit Union
INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit card program. When INOVA members use their Global Good Visa card, INOVA donates a portion of the income generated to WOCCU, helping to fund the expansion of affordable financial services
PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents By PSCU/CO-OP
PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture officer.
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference By Eltropy
GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving community bank and credit union loan servicing and collections MILPITAS, Calif. – March 20, 2024 – Eltropy, the leading AI-powered unified conversations platform for community financial institutions, will showcase its
GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires By GTE Financial Federal Credit Union
GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to Assistant Vice President of Business Banking Operations and Title, Chris Grunsten to Assistant Vice President of Fraud Operations and Risk Analytics and the hiring of Jamie Miranda to Vice President
SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards By State Employees’ Credit Union
A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with awards totaling $640,000. The Foundation’s Mission Development Grant Program, which began seven years ago, has been filling unmet financial needs for North Carolina non-profits seeking to strengthen their long-term growth
U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY! By United States Senate Federal Credit Union
The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top Workplaces national award, presented by USA TODAY. Notably, USSFCU has achieved an impressive ranking of #76 out of more than 1,500 organizations across the nation, underscoring its exceptional workplace environment.
CUAC Funds $3.1 Billion in Quality Performing Loans in 2023
Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in funded loans in 2023. This is an impressive accomplishment considering credit unions are facing difficult times due to challenging economic conditions, diminished , soaring vehicle prices dampening consumer demand, and the implementation costs associated with
Centra Credit Union Announces New Financial Empowerment Line of Business By Centra Credit Union
Hello, Please see attached the press release announcing Centra Credit Union’s new financial empowerment line of business named Onward. If you have any questions, please reach out to Chrissy Bailey, SVP Marketing, at 812-314-0254 or cbailey@centra.org. Thank you!
First Florida Live on Both New Rails By Corporate America Credit Union
Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ 800.766.4328 Ext.1241▪ mtroha@firstflorida.org Jayda Stallings ▪ Pidgin ▪ 770.337.8351 ▪ Jayda.stallings@pidgin.net Irondale, AL ▪ March 21, 2024 – First Florida Credit Union, headquartered in Jacksonville, FL, is the first credit union to go live on
Indiana Members Credit Union Contributes $1,000 to George Washington High School By Indiana Members Credit Union
Indiana Members Credit Union presented a check for $1,000 to George Washington High School as part of an ongoing school spirit debit card program. Since beginning the program in 2021, George Washington High School has earned $3,000 through this IMCU giveback program.
Where Are You Going? – A Message From Tony Streeter By Tony Streeter
Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as he dives into marketing strategy, innovation, and transformation within the credit unions industry.
CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS
The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle Network Hospitals in California and Nevada at their 19th annual event on March 15, 2024. A total of more than 500 attendees, made up of 64 credit unions, business partners, and hospitals, gathered to support
Gulf Winds Selects Lynn Crear as Director in Training By Gulf Winds Credit Union
Gulf Winds Credit Union is pleased to announce the selection of Lynn Crear as the newest Director in Training for the Board of Directors.
Gulf Winds Credit Union Welcomes Ricardo Loya Urena as Vice President of Technology Operations By Gulf Winds Credit Union
Gulf Winds Credit Union is pleased to welcome Ricardo Loya Urena to the team as the new Vice President of Technology Operations.
TopLine Credit Union Foundation Awards $30,500 In Scholarships By TopLine Financial Credit Union
TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. Additionally, the foundation awarded $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI). TopLine Credit Union Foundation received over 175
CORRECTION to names in photo caption – SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project By State Employees’ Credit Union
SECU Foundation has awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina.
LGE Community Credit Union recognized with MemberXP 2024 Best of the Best Award for Best Transaction Experience, Best Online Banking Experience By LGE Community Credit Union
LGE Community Credit Union was recently recognized as a recipient of the 2024 Best of the Best Award, a prestigious accolade presented by MemberXP, a leading customer experience program offered through CU Solutions Group.
Baker Market Update – Week in Review: March 15, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
BCU PRESIDENT, CEO MIKE VALENTINE INDUCTED TO CREDIT UNION HOUSE HALL OF LEADERS By BCU
Nominated by the Illinois Credit Union League (ICUL), Mike Valentine, BCU President & CEO, was recently inducted into the Credit Union House Hall of Leaders in Washington, D.C., joining a prestigious group of previous inductees from across the country. This distinguished honor provides lasting recognition to credit union leaders past and present whose commitments have
ORIGENCE ANNOUNCES 14 BREAKOUT SESSIONS FOR LENDING TECH LIVE
Origence, the leading lending technology solutions provider for credit unions, announces breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California. This announcement follows the news of Lisa Bodell, Kevin Surace, and Andrew Busch as keynote speakers.
THINK 24 Adds Keynoters: Experts in AI, Organizational Growth to Stimulate New Ideas for Credit Unions By PSCU/CO-OP
The speaker agenda has expanded with two new noteworthy keynote presenters for THINK 24 from PSCU/Co-op Solutions.
REGIONAL federal credit union Partners with Sharetec to Elevate Its Operations & Member Experience By Sharetec Systems, Inc.
Sharetec, a leading provider of cutting-edge core processing software for credit unions, is proud to partner with REGIONAL federal credit union (REGIONAL). With branches in Hammond, Portage, Valparaiso, and Winfield, Indiana, REGIONAL looks forward to accelerating its member experience and operational efficiencies with Sharetec.
TopLine Financial Credit Union Members And Employees Donate Bedding Items By TopLine Financial Credit Union
TopLine Financial Credit Union held their fourth annual Bedding Drive during the month of February benefiting four local non-profits, Avenues for Youth, Karen Organization of Minnesota, MORE Community Services and YMCA of the North Youth and Family Services. TopLine members and employees generously donated bedding items of pillows, sheet sets, comforters and blankets to help
GTE Financial Makes Students’ Dreams A Reality One Putt At A Time At 11th Annual Student Scholarship Scramble By GTE Financial Federal Credit Union
Leading not-for-profit credit union GTE Financial is thrilled to host its 11th annual Scholarship Scramble Golf Tournament to raise funds for the GTE Student Scholarship program. The tournament will take place on Monday, March 25, at The Bayou Club. Registration opens at 10:30 AM, and the tournament will begin at noon.
SchoolsFirst Federal Credit Union Sponsors Cal Poly Pomona Partners in Education (PIE) Fellowship Awards By SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as a sponsor for Cal Poly Pomona’s 18th annual Partners in Education (PIE) Fellowship Awards Ceremony on Feb. 8 , where 28 Cal Poly education students received fellowships of up to $4,000 to support their clinical practice experience. During the
CreditUnions.com Announces 2024 Innovation Series Winners By Callahan & Associates, Inc.
After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava Fraud: Illuma Lending: Open Lending Member Experience- AI Edition: Glia Payments: Alloya Corporate FCU
United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion By United States Senate Federal Credit Union
The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) to its headquarters for a dynamic and insightful strategic roundtable discussion. Led by USSFCU President & CEO Timothy Anderson and featuring key executives from both organizations, the gathering facilitated a robust exchange