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.
St. Cloud Financial Credit Union announces strategic investment into DaLand CUSO
St. Cloud Financial Credit Union (SCFCU) is excited to announce its strategic investment in DaLand CUSO. This investment, alongside minority contributions from other credit unions and private investors, is set to enhance service offerings and drive innovation in the financial sector.
Peach State Credit Union and Pinnacle Credit Union Announce Merger
Members of Pinnacle Credit Union have voted in favor of merging with Peach State Federal Credit Union during a Special Meeting of Members held on August 15th. The financial merger has been approved by the National Credit Union Administration and is effective September 1, 2024. Pinnacle and Peach State have a shared history of serving
SchoolsFirst Federal Credit Union Sponsors Joan Nelson Award Scholarship in San Diego County
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has partnered with the San Diego County Office of Education (SDCOE) to sponsor the Joan Nelson Award Scholarship. The credit union has granted $7,500 to underwrite the scholarship, which supports those who want to further their education to pursue careers in
Alogent Named Finalist for TAG Fintech ADVANCE Awards, Highlighting Innovation in Enterprise Deposits Automation
Alogent proudly announces that its Unify platform was named a finalist for the TAG Fintech ADVANCE Awards. Unify, a deposits automation platform, changes the way banks and credit unions approach transaction processing by bringing a modern and consolidated approach to all full- and self-service deposit channels with its single platform and API. Presented by the
Eltropy Climbs to No. 438 on Inc. 5000 Fastest-Growing Companies List for 2024
Eltropy has secured the rank of No. 438 on the Inc. 5000 for 2024, marking a significant climb from its previous placements at No. 2,909 in 2022 and No. 618 in 2023. This impressive ranking is a result of Eltropy’s 1,023% three-year growth rate, placing the company among the top performers in the Software category.
American Heritage Credit Union Receives 2024 Tekkie Award for Application of Data and Innovation
American Heritage Credit Union (“American Heritage”) has received a 2024 Tekkie Award for Innovation from Finopotamus, recognizing its use of applying data and innovation to improve various credit union processes and member experiences by working with Datava, an end-to-end data activation platform that works with financial institutions and credit unions.
Inspiration and Dedication: GTE Financial Awards $81,000 In Scholarships To 27 Aspiring Students and $1,039,000 Since 2012
In an enduring commitment to the development of future students, GTE Financial is proud to announce the awarding of $81,000 in scholarships this year, benefitting 27 distinguished students at the 13th annual Student Scholarship Luncheon. Since the inception of the program, GTE Financial has awarded $1,039,000 in scholarship funds. These awards aim to alleviate financial
LGE Foundation donates $20,000 to nonprofits in northwest Georgia
The LGE Community Outreach Foundation recently presented a total of $20,000 to four nonprofit organizations in northwest Georgia as part of LGE Community Credit Union’s ongoing effort to support local communities.
CUES and Currency Marketing Announce Finalists for Prestigious Emerging Leader Title
CUES and partner Currency Marketing are pleased to announce the Five Finalists selected to compete for the title of 2024 CUES Emerging Leader.
VISA OLYMPIC GAMES PARIS 2024 SWEEPSTAKES FOR BCU – GOLD, SILVER, BRONZE WINNERS ANNOUNCED
Thanks to Visa, BCU is delighted to announce the winners of the Visa Olympic Games Paris 2024 sweepstakes for BCU. Running from February 15 to April 15, 2024, the sweepstakes provided BCU Visa cardholders with the opportunity to win exceptional prizes, including a trip to the Olympic Games Paris 2024, simply by using their Visa®
Small But Mighty: Webinar to Offer Insight into Turning Challenges of Small Credit Unions into Advantages
Support EXP will host a webinar on Wednesday, August 28th, at 2:00 pm (Eastern) exploring what credit unions with limited resources can do to maintain their community-based identity, focus, and control. With the right strategy for overcoming their obstacles, small credit unions can continue to thrive and fulfill their mission of serving their members and
$350,000 Grant from SECU Foundation Helps Expand Access to Healthcare Services in Mecklenburg County
A $350,000 grant from SECU Foundation will help Care Ring significantly expand its comprehensive healthcare services for low-income and uninsured residents of Mecklenburg County. The grant will be used for the renovation of a 13,000 square foot structure in downtown Charlotte that, to date, is recognized as the sole charitable clinic within a seven-mile radius.
North Bay CU Chooses Sharetec for Its Innovation & Open API
Sharetec, a leading provider of cutting-edge credit union technology solutions, announced its new partnership with North Bay Credit Union (CU), the oldest credit union in Sonoma County, California, with an expanded reach in Marin, Solano, and Napa counties. After evaluating half a dozen alternatives, North Bay CU chose Sharetec to help further accelerate its operations
Day Air Named Best Lending Institution in Dayton
Day Air Credit Union is proud to announce that it has been named the Best Lending Institution in Dayton in the prestigious Best of Dayton contest hosted by Dayton.com. Additionally, Day Air was recognized as a finalist in two other highly competitive categories: Best Credit Union and Best Place to Work.
United States Senate Federal Credit Union Appoints Ricardo Pineres as Chief Risk Officer
The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Ricardo Pineres as the new Chief Risk Officer, effective July 2024. With over 15 years of experience in the financial services industry, Ricardo brings a wealth of knowledge and expertise in legal, compliance, and regulatory matters to USSFCU.
Root Out Hunger- Playing What You Want, So Kids Can Eat What They Need 2024
Sound Credit Union (Sound) teamed up with 96.5 Jack-FM to combat child hunger in Washington state, donating over $52,000 to Food Lifeline.
Teachers Federal Credit Union Donates $340,000 To Cohen Children’s Medical Center
Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion assets and more than 460,000 members, proudly announced a $340,000 donation to Cohen Children’s Medical Center in New York.
Baker Market Update – Week in Review: August 9, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Eltropy’s AI Heads to Shark Tank at LSCU VISION Conference
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is proud to announce that Saahil Kamath, Head of AI Products, will be speaking today at the LSCU VISION Conference in Miramar Beach, Florida. Kamath will participate in the conference’s innovative “Shark Tank” session, sharing insights on the incredible potential of generative AI in
Sound Credit Union Raises $16,000 for Financial Beginnings in Annual Charity Auction
Sound Credit Union (Sound) is proud to announce the results of its annual charity auction benefiting Financial Beginnings, – a nonprofit dedicated to strengthening communities through inclusive financial education empowering youth and adults to take control of their financial future.
Valley First Credit Union Appoints Mary Roberts as New Chief Financial Officer
Valley First Credit Union, a leading member-owned, not-for-profit financial cooperative with $1.02 billion in assets, is thrilled to announce the appointment of Mary Roberts as the new Chief Financial Officer (CFO).
Teachers Federal Credit Union Appoints Scott Gyllensten As Chief Risk Officer.
Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion in assets and more than 470,000 members nationwide, proudly announced the appointment of Scott Gyllensten as its new Chief Risk Officer.
Clearwater Credit Union Introduces Montana’s First Clean Energy CD
Clearwater Credit Union, Montana’s leading solar loan lender and the second-largest credit union in Montana, is pleased to announce it is launching a new Clean Energy Certificate of Deposit (CD), making it the first financial institution in Montana to offer such a savings product.
Advia Credit Union Launches Annual School Supply Drive
Advia Credit Union is excited to announce the launch of its annual Back to School Supply Drive, running from August 5 to August 23. The community is invited to support local schools by donating essential supplies at any of Advia’s branch locations across Michigan, Wisconsin, and Illinois. Plus, Advia encourages educators to explore The Advia
Day Air Announces Innovative 7.5% APY* Savings Product
Day Air Credit Union, the leading financial institution headquartered in Montgomery County and renowned nationwide for its commitment to excellence in financial services, proudly announces its partnership with the State of Ohio to introduce an innovative 7.5% APY* savings product tailored to assist any Ohio resident looking to purchase a home in the next five
Corporate Central Proudly Sponsors Tunnel to Towers Run & Walk Event, Honoring Heroes and Supporting Communities
Corporate Central is honored to have been the main sponsor of a recent Tunnel to Towers Run & Walk event, demonstrating commitment to supporting the heroes who have served our nation and our communities. The event, which took place on Saturday, August 3 in Muskego, WI, saw participants from all walks of life come together
New Centra location in Zionsville, IN now open
Hello, Please see the attached press release announcing that Centra Credit Union’s new location in Zionsville, IN is now open. Thank you!
CUSO’s Health Insurance Agency Expands, Hires Sam Boore as Employee Benefits Executive
InterLutions, a Credit Union Service Organization (CUSO) delivering innovative and collaborative employee benefit solutions, is pleased to announce the hiring of Sam Boore as Employee Benefits Executive.
Four San Diego County Schools Selected to Receive Grants from Program Powered by SchoolsFirst FCU
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that four San Diego County schools have been selected to receive grants from the Los Angeles Chargers Impact Fund to support improvements that meet some of the basic physical fitness demands for student-athletes. The
Velera’s TriVerity Announces Integrated Partnership with AKUVO
TriVerity, a Velera company, has partnered with AKUVO, a leader in collections and credit risk technology, to enhance its delinquency management services. This integration will streamline third-party charge-off collections, optimizing credit unions’ recoveries from non-performing loans through AKUVO’s advanced, cloud-based platform.
St. Cloud Financial Credit Union announces strategic investment into DaLand CUSO
Peach State Credit Union and Pinnacle Credit Union Announce Merger
SchoolsFirst Federal Credit Union Sponsors Joan Nelson Award Scholarship in San Diego County
Alogent Named Finalist for TAG Fintech ADVANCE Awards, Highlighting Innovation in Enterprise Deposits Automation
Eltropy Climbs to No. 438 on Inc. 5000 Fastest-Growing Companies List for 2024
American Heritage Credit Union Receives 2024 Tekkie Award for Application of Data and Innovation
Inspiration and Dedication: GTE Financial Awards $81,000 In Scholarships To 27 Aspiring Students and $1,039,000 Since 2012
LGE Foundation donates $20,000 to nonprofits in northwest Georgia
CUES and Currency Marketing Announce Finalists for Prestigious Emerging Leader Title
VISA OLYMPIC GAMES PARIS 2024 SWEEPSTAKES FOR BCU – GOLD, SILVER, BRONZE WINNERS ANNOUNCED
Small But Mighty: Webinar to Offer Insight into Turning Challenges of Small Credit Unions into Advantages
$350,000 Grant from SECU Foundation Helps Expand Access to Healthcare Services in Mecklenburg County
North Bay CU Chooses Sharetec for Its Innovation & Open API
Day Air Named Best Lending Institution in Dayton
United States Senate Federal Credit Union Appoints Ricardo Pineres as Chief Risk Officer
Root Out Hunger- Playing What You Want, So Kids Can Eat What They Need 2024
Teachers Federal Credit Union Donates $340,000 To Cohen Children’s Medical Center
Baker Market Update – Week in Review: August 9, 2024
Eltropy’s AI Heads to Shark Tank at LSCU VISION Conference
Sound Credit Union Raises $16,000 for Financial Beginnings in Annual Charity Auction
Valley First Credit Union Appoints Mary Roberts as New Chief Financial Officer
Teachers Federal Credit Union Appoints Scott Gyllensten As Chief Risk Officer.
Clearwater Credit Union Introduces Montana’s First Clean Energy CD
Advia Credit Union Launches Annual School Supply Drive
Day Air Announces Innovative 7.5% APY* Savings Product
Corporate Central Proudly Sponsors Tunnel to Towers Run & Walk Event, Honoring Heroes and Supporting Communities
New Centra location in Zionsville, IN now open
CUSO’s Health Insurance Agency Expands, Hires Sam Boore as Employee Benefits Executive
Four San Diego County Schools Selected to Receive Grants from Program Powered by SchoolsFirst FCU
Velera’s TriVerity Announces Integrated Partnership with AKUVO
St. Cloud Financial Credit Union announces strategic investment into DaLand CUSO
Peach State Credit Union and Pinnacle Credit Union Announce Merger
SchoolsFirst Federal Credit Union Sponsors Joan Nelson Award Scholarship in San Diego County
Alogent Named Finalist for TAG Fintech ADVANCE Awards, Highlighting Innovation in Enterprise Deposits Automation
Eltropy Climbs to No. 438 on Inc. 5000 Fastest-Growing Companies List for 2024
American Heritage Credit Union Receives 2024 Tekkie Award for Application of Data and Innovation
Inspiration and Dedication: GTE Financial Awards $81,000 In Scholarships To 27 Aspiring Students and $1,039,000 Since 2012
LGE Foundation donates $20,000 to nonprofits in northwest Georgia
CUES and Currency Marketing Announce Finalists for Prestigious Emerging Leader Title
VISA OLYMPIC GAMES PARIS 2024 SWEEPSTAKES FOR BCU – GOLD, SILVER, BRONZE WINNERS ANNOUNCED
Small But Mighty: Webinar to Offer Insight into Turning Challenges of Small Credit Unions into Advantages
$350,000 Grant from SECU Foundation Helps Expand Access to Healthcare Services in Mecklenburg County
North Bay CU Chooses Sharetec for Its Innovation & Open API
Day Air Named Best Lending Institution in Dayton
United States Senate Federal Credit Union Appoints Ricardo Pineres as Chief Risk Officer
Root Out Hunger- Playing What You Want, So Kids Can Eat What They Need 2024
Teachers Federal Credit Union Donates $340,000 To Cohen Children’s Medical Center
Baker Market Update – Week in Review: August 9, 2024
Eltropy’s AI Heads to Shark Tank at LSCU VISION Conference
Sound Credit Union Raises $16,000 for Financial Beginnings in Annual Charity Auction
Valley First Credit Union Appoints Mary Roberts as New Chief Financial Officer
Teachers Federal Credit Union Appoints Scott Gyllensten As Chief Risk Officer.
Clearwater Credit Union Introduces Montana’s First Clean Energy CD
Advia Credit Union Launches Annual School Supply Drive
Day Air Announces Innovative 7.5% APY* Savings Product
Corporate Central Proudly Sponsors Tunnel to Towers Run & Walk Event, Honoring Heroes and Supporting Communities
New Centra location in Zionsville, IN now open
CUSO’s Health Insurance Agency Expands, Hires Sam Boore as Employee Benefits Executive
Four San Diego County Schools Selected to Receive Grants from Program Powered by SchoolsFirst FCU
Velera’s TriVerity Announces Integrated Partnership with AKUVO
SchoolsFirst Federal Credit Union Raises Awareness for Children’s Hospital Orange County Through the 2025 CHOC Walk in the Park
Sound Credit Union Reveals 2025 Scholarship Recipients
EECU Sponsors New Teacher Grants for Sanger Unified
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