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

Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic

Alogent and Mitek announce an expanded. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify. CFD uses a unique combination of patented imaging science, machine learning, and artificial intelligence to analyze checks from all channels in real-time.

GTE Financial Launches Student Perks Program To Offer Rewards To Young Members

GTE Financial is happy to launch its new Student Perks program for members 16 and up. Student Perks is a free rewards program that helps students save more, earn money and efficiently manage their accounts. The rewards program also offers Go Points for Student Perks, which young members can redeem for cash back and more.

TowerCares Foundation Awards $150,000 in College Scholarships

Recent high school graduate Ashley Doyle will enter her freshman year at Virginia Commonwealth University this fall with an extra $5,000 towards her education, thanks to the TowerCares Foundation. Doyle plans to major in Chemistry and pursue her dream to work in the medical field. “I have been blessed with some incredible doctors and nurses

GTE Financial Garners Prestigious 2024 Aetna Workplace Well-being Platinum Award

GTE Financial is thrilled to announce its latest achievement—the prestigious Platinum Aetna Workplace Well-being Award. This recognition highlights the credit union’s steadfast dedication to nurturing the health and overall well-being of its employees. Achieving Platinum status, the award’s highest honor is a first for GTE and underscores the profound impact of its wellness initiatives.

Gulf Winds Champions Children’s Health with Sponsorship of 2024 Cat Country Cares for Kids Radiothon in Partnership with Ascension Sacred Heart Foundation

On Friday, August 16, Gulf Winds Credit Union sponsored Cat Country’s 2024 Radiothon in partnership with the Ascension Sacred Heart Foundation. Gulf Winds donated $20,000 to the event, supporting the Studer Family Children’s Hospital, the only Children’s Miracle Network affiliate serving the Pensacola region.

Gulf Winds Credit Union Donates to United Fund of Atmore and Brewton

The Gulf Winds Cares Foundation recently made gifts to United Fund Atmore in Atmore, Alabama, and United Fund Brewton in Brewton, Alabama for a total of $6,000. Gulf Winds is proud to support these organizations which aim to unite people and resources to build a strong community. We feel your audience would benefit from learning

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

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.

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

Strategic Partnerships

Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic

Alogent and Mitek announce an expanded. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation ...
Charity Events

Hunter Pence’s Healthy Planet Project and Redwood Credit Union Team Up to Beautify San Francisco School

Redwood Credit Union recently teamed up with former San Francisco Giants All-Star Hunter Pence’s Healthy Planet Project to create a ...
New Product Releases

GTE Financial Launches Student Perks Program To Offer Rewards To Young Members

GTE Financial is happy to launch its new Student Perks program for members 16 and up. Student Perks is a ...
Charity Events

TowerCares Foundation Awards $150,000 in College Scholarships

Recent high school graduate Ashley Doyle will enter her freshman year at Virginia Commonwealth University this fall with an extra ...
Other

GTE Financial Garners Prestigious 2024 Aetna Workplace Well-being Platinum Award

GTE Financial is thrilled to announce its latest achievement—the prestigious Platinum Aetna Workplace Well-being Award. This recognition highlights the credit ...
Charity Events

Gulf Winds Champions Children’s Health with Sponsorship of 2024 Cat Country Cares for Kids Radiothon in Partnership with Ascension Sacred Heart Foundation

On Friday, August 16, Gulf Winds Credit Union sponsored Cat Country’s 2024 Radiothon in partnership with the Ascension Sacred Heart ...
Operations & HR

LGE Community Credit Union Named a 2024 AJC Top Workplace

LGE Community Credit Union is proud to announce that it has been recognized as a Top Workplace by The Atlanta ...
Charity Events

Gulf Winds Credit Union Donates to United Fund of Atmore and Brewton

The Gulf Winds Cares Foundation recently made gifts to United Fund Atmore in Atmore, Alabama, and United Fund Brewton in ...
Other

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 ...
Strategic Partnerships

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 ...
Making A Difference

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 ...
Technology

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 ...
Marketing

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 ...
Strategic Partnerships

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 ...
Making A Difference

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 ...
Making A Difference

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 ...
Other

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 ...
Industry Analysis & Trends

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. ...
Industry Analysis & Trends

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 ...
Making A Difference

$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 ...
Strategic Partnerships

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), ...
Other

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 ...
Operations & HR

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 ...
Making A Difference

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.
Making A Difference

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 ...
Industry Analysis & Trends

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 ...
Industry Analysis & Trends

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 ...
Making A Difference

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 ...
Personnel Promotions

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 ...
Personnel Promotions

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, ...
Strategic Partnerships

Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic

Alogent and Mitek announce an expanded. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation ...
Charity Events

Hunter Pence’s Healthy Planet Project and Redwood Credit Union Team Up to Beautify San Francisco School

Redwood Credit Union recently teamed up with former San Francisco Giants All-Star Hunter Pence’s Healthy Planet Project to create a ...
New Product Releases

GTE Financial Launches Student Perks Program To Offer Rewards To Young Members

GTE Financial is happy to launch its new Student Perks program for members 16 and up. Student Perks is a ...
Charity Events

TowerCares Foundation Awards $150,000 in College Scholarships

Recent high school graduate Ashley Doyle will enter her freshman year at Virginia Commonwealth University this fall with an extra ...
Other

GTE Financial Garners Prestigious 2024 Aetna Workplace Well-being Platinum Award

GTE Financial is thrilled to announce its latest achievement—the prestigious Platinum Aetna Workplace Well-being Award. This recognition highlights the credit ...
Charity Events

Gulf Winds Champions Children’s Health with Sponsorship of 2024 Cat Country Cares for Kids Radiothon in Partnership with Ascension Sacred Heart Foundation

On Friday, August 16, Gulf Winds Credit Union sponsored Cat Country’s 2024 Radiothon in partnership with the Ascension Sacred Heart ...
Operations & HR

LGE Community Credit Union Named a 2024 AJC Top Workplace

LGE Community Credit Union is proud to announce that it has been recognized as a Top Workplace by The Atlanta ...
Charity Events

Gulf Winds Credit Union Donates to United Fund of Atmore and Brewton

The Gulf Winds Cares Foundation recently made gifts to United Fund Atmore in Atmore, Alabama, and United Fund Brewton in ...
Other

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 ...
Strategic Partnerships

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 ...
Making A Difference

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 ...
Technology

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 ...
Marketing

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 ...
Strategic Partnerships

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 ...
Making A Difference

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 ...
Making A Difference

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 ...
Other

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 ...
Industry Analysis & Trends

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. ...
Industry Analysis & Trends

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 ...
Making A Difference

$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 ...
Strategic Partnerships

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), ...
Other

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 ...
Operations & HR

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 ...
Making A Difference

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.
Making A Difference

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 ...
Industry Analysis & Trends

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 ...
Industry Analysis & Trends

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 ...
Making A Difference

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 ...
Personnel Promotions

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 ...
Personnel Promotions

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, ...

Coastal Credit Union Foundation Opens Scholarship Applications for 2026–27 School Year

The Coastal Credit Union Foundation is proud to announce that scholarship applications for the 2026–2027 academic year are now open. The scholarship is designed to ...

CUES Continues Enhancing Member Impact with the Promotion of Two Senior Leaders

CUES is proud to announce the promotion of two senior leaders into newly elevated roles, reinforcing its commitment to agility, collaboration, and innovation in service ...

Maine Credit Unions Rally to Fight Hunger with $100,000 Ending Hunger Challenge

This October, Maine’s credit unions are rallying to raise $100,000 for the Campaign for Ending Hunger, fueling meals through Good Shepherd Food Bank and local ...

EECU Provides Financial Education at Parenting Student Conference

FRESNO, Calif. (Sept. 29, 2025) – Educational Employees Credit Union (EECU) was proud to sponsor and participate in Fresno City College’s Fall Parenting Student Conference ...

Redwood Credit Union helps more than 4,000 people safeguard their information at free Shred-a-Thons

This summer, more than 4,000 residents across five counties took a proactive stance against fraud and identity theft—a 37 percent increase from 2024.

Sound Credit Union and UW Tacoma to Host HuskyHack Hackathon to Spark Financial Innovation

TACOMA, Wash. – Sound Credit Union (Sound) and the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT) are excited to announce ...
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