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.
Baker Market Update – Week in Review: July 12, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
| Corporate Central Announces Promotion of Shannon Cate to Newly Created Member Experience Role
Corporate Central is thrilled to announce that Shannon Cate, NCP, CCUFC, has been promoted to Director of Member Experience. Cate has been a dedicated and invaluable member of the Corporate Central team for almost ten years, most recently serving as Manager Member Services for the past year. Her unwavering commitment to member service excellence, coupled
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
Houston, Texas, July 11, 2024 – CU Alliance and Affiliates, along with its business units, CUAC, Member Auto Center, Member Home Loan, and CU Alliance Insurance Services announced today that they have undergone a complete rebranding, which includes a change of their name to FOCUSONE™. This exciting new chapter reflects the company’s focus on providing
OCCU adds associate board members, board director
OCCU has appointed two associate members to its board of directors: Jefferson Curl and Dena Putnam-Gilchrist. In addition, Justin Freeman has been elected as a new director.
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Redwood Credit Union welcomes two external mortgage loan officers, Taylor McNeany and Michael Madsen, to help people aspiring to buy or refinance a home.
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Alogent welcomes Honor Credit Union ($1.6B in assets, headquartered in Berrien Springs, MI) to the Alogent family. Honor will implement Unify and FASTdocs to streamline internal and external workflows, and enhance cross-channel data access. Unify, Alogent’s modern deposits automation platform, supports both Day 1 and Day 2 workflows across in-branch and remote channels, while Alogent’s
Garden Savings Federal Credit Union Awards Three Scholarships
Garden Savings Federal Credit Union, headquartered in Parsippany, NJ, is pleased to announce the recipients of the 2024 Book Scholarship.
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
This spring, Sharetec, an emerging leader in the core processing industry, excitedly announced three new credit union partnerships in Puerto Rico (PR).
Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration
Corporate Central is revolutionizing the payments landscape with cutting-edge ACH Solutions and its innovative Beastro platform, setting a new standard for the industry. The corporate credit union’s direct connection with the Federal Reserve and the integration capabilities of Beastro empowers credit unions to deliver seamless, efficient, and secure transactions to their members.
CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser for Children’s Miracle Network Hospitals as part of its 30th anniversary celebration.
Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending
CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced its student lending solutions will now be available to the members of Del-One Federal Credit Union ($706M assets; 82,592 members; Dover, DE).
Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer
Silver State Schools Credit Union is pleased to announce the hiring of Ken Downs as the credit union’s new Senior Vice President/ Chief Information Officer. Downs will oversee the IT department by implementing technology solutions, fostering growth opportunities, and developing and implementing effective strategies, actions, programs, and processes that align with the credit union’s strategic
Baker Market Update – Week in Review: July 5, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Corporate Central Promotes Cameron Krueger to Website and Design Specialist
Corporate Central is proud to announce the promotion of Cameron Krueger, CCUFC, to the position of Website and Design Specialist. In this role, Krueger will be responsible for creating visually appealing and user-friendly websites, ensuring seamless navigation and optimal user experience.
United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas
United Federal Credit Union is pleased to announce the promotion of Landon Lowther to Mortgage Advisor in Fort Smith. Lowther is based at United’s Jenny Lind branch located at 8900 Jenny Lind Road in Fort Smith.
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
Recently, the Gulf Winds Cares Foundation made donations to the Youth Men’s Christian Associations, better known as the YMCA, of Brewton and Monroeville, Alabama. The organizations each received $2,000 to support their ongoing mission of providing a safe, engaging, and supportive environment for kids to learn, grow, and thrive, a pursuit Gulf Winds deeply supports.
Alloya Announces Changes in Capital Markets and Investment Services
Tom Slefinger, Senior Vice President of Institutional Fixed Income Sales, is stepping down from a leadership role at Alloya Investment Services to transition into a new role as the corporate’s Market Strategist. Bill Paton, Vice President and Manager of Alloya’s Loan Participation and Subordinated Debt Programs, has been named Capital Markets Sales Director and will
STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION
R-G Federal Credit Union proudly announces the appointment of Steve Deere as its new President and Chief Executive Officer, effective July 1, 2024. Mr. Deere succeeds Joye Conklin, who will retire at the end of June after over 29 years of dedicated service, including her tenure as CEO since 2016.
United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List
United Federal Credit Union has been named one of the 2024 Top 100 Workplaces in North America by Inspiring Workplaces Group. The Inspiring Workplaces Awards honor organizations that excel in fostering a positive work environment through exceptional leadership, wellbeing initiatives, inclusivity, and a strong sense of purpose. United has the distinction of being the only
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce eleven recipients of the Credit Union Scholarship Program, totaling $33,000 awarded in scholarship funds. All scholarships are merit based, with three being larger amounts based on financial needs.
SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season
SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced its sponsorship of monthly school employee recognitions at Sacramento Republic FC matches during the 2024 season. At each of seven matches, March through September, one teacher and one classified school employee from a local
Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
Justice Federal Credit Union, (Justice Federal), headquartered in Chantilly, Virginia, expands its footprint in Florida. The Credit Union announced it has merged with Law Enforcement & Technology Federal Credit Union (LE&T FCU), formerly known as United Police Federal Credit Union, located in Miami, Florida. Justice Federal has grown to be one of largest credit unions
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers in the Gattis Court community in Chapel Hill. Officials from the Town of Chapel Hill joined representatives from the foundation, Coastal Credit Union, Compass Center and Habitat for Humanity for the ceremony. The Gattis Court
Illinois Credit Union System Announces Leadership Change
The Illinois Credit Union System announced today, July 1, 2024, a planned leadership transition with Tom Kane retiring at the end of the year and Libby Calderone to be his successor.
ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Origence, the leading lending technology solutions provider for credit unions, raised $132,850 in its “30 Years of Impact” campaign fundraiser for Children’s Miracle Network Hospitals as part of its 30th anniversary celebration.
SECU Foundation Provides Financing for Bertie County Workforce Housing
With assistance from SECU Foundation, Bertie County opened its doors July 1 to welcome tenants to a new 24-unit housing complex for public school and local government employees. The Foundation provided Partners for Bertie County Public Schools with interest-free construction financing and 15-year interest-free permanent financing of $3.1 million.
Baker Market Update – Week in Review: June 28, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
GTE Financial Promotes Two Leaders In Operations To Vice President
GTE Financial, one of Tampa Bay’s largest locally owned and operated financial institutions, is happy to congratulate the promotion of two tenured leaders, Priscilla Abreu to Vice President Digital Payments and Fraud Operations and Troy Hepler to Vice President Systems Operations. Both individuals oversee high-growth, critical areas of operation that are pivotal in delivering the
TopLine Credit Union And Employees Donate Clothing And Shoes
TopLine held the fourth annual clothing and shoe drive during the month of May benefitting four local non-profits, African Education and Health Initiative (AFEDHI), Karen Organization of Minnesota, Union Gospel Mission and YMCA of the North Youth and Family Services. When the program ended employees and members had donated 1,300 pounds of clothing, 156 pairs
NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule
NASCUS has submitted a comment letter this week to the National Credit Union Administration (NCUA) outlining potential impacts and improvements to the Part 749 Record Retention and Preservation Rule. In our comments, NASCUS encouraged the NCUA to provide clarification between Part 749 of its regulations and Appendix A of the regulation. Specifically, the definition of
Baker Market Update – Week in Review: July 12, 2024
| Corporate Central Announces Promotion of Shannon Cate to Newly Created Member Experience Role
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
OCCU adds associate board members, board director
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Garden Savings Federal Credit Union Awards Three Scholarships
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration
CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending
Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer
Baker Market Update – Week in Review: July 5, 2024
Corporate Central Promotes Cameron Krueger to Website and Design Specialist
United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
Alloya Announces Changes in Capital Markets and Investment Services
STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION
United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season
Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
Illinois Credit Union System Announces Leadership Change
ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
SECU Foundation Provides Financing for Bertie County Workforce Housing
Baker Market Update – Week in Review: June 28, 2024
GTE Financial Promotes Two Leaders In Operations To Vice President
TopLine Credit Union And Employees Donate Clothing And Shoes
NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule
Baker Market Update – Week in Review: July 12, 2024
| Corporate Central Announces Promotion of Shannon Cate to Newly Created Member Experience Role
CU Alliance CUSO and Affiliates Rebrand as FOCUSONE™
OCCU adds associate board members, board director
Redwood Credit Union Welcomes Taylor McNeany and Michael Madsen as External Mortgage Loan Officers
Alogent Welcomes Honor Credit Union to the Alogent Family, Modernizing Deposits Automation and Enterprise Content Management Solutions
Garden Savings Federal Credit Union Awards Three Scholarships
Sharetec Experiences Rapid Growth in Puerto Rico with Three Key Partnerships
Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration
CORRECTION: ORIGENCE RAISES $132,250 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
Del-One Federal Credit Union Adds CU Student Choice Solutions for Student Lending
Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer
Baker Market Update – Week in Review: July 5, 2024
Corporate Central Promotes Cameron Krueger to Website and Design Specialist
United Federal Credit Union Names New Mortgage Advisor in Fort Smith, Arkansas
Gulf Winds Cares Foundation Donates to Alabama Nonprofits
Alloya Announces Changes in Capital Markets and Investment Services
STEVE DEERE NAMED PRESIDENT AND CEO OF R-G FEDERAL CREDIT UNION
United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List
Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students
SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season
Justice Federal Credit Union Announces Merger with Law Enforcement & Technology Federal Credit Union
Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill
Illinois Credit Union System Announces Leadership Change
ORIGENCE RAISES $132,850 WITH “30 YEARS OF IMPACT” CAMPAIGN DONATING FUNDS TO CHILDREN’S MIRACLE NETWORK HOSPITALS
SECU Foundation Provides Financing for Bertie County Workforce Housing
Baker Market Update – Week in Review: June 28, 2024
GTE Financial Promotes Two Leaders In Operations To Vice President
TopLine Credit Union And Employees Donate Clothing And Shoes
NASCUS Issues Comments on NCUA’s Part 749 Record Retention and Preservation Rule
SchoolsFirst Federal Credit Union Donates 3,200 Backpacks Throughout California
EECU Makes Homeownership More Attainable with Expanded Loan Options
Appli CEO Tim Pranger to Present AI-Powered Financial Calculator Solutions at FinovateFall 2025
Orianna Valentine Recognized as Certified Credit Union Manager through CUES Emerge Program
DDJ Myers Becomes One of America’s Credit Unions Inaugural Visionary Providers
New admin portal in Cloudvirga’s Tropos borrower platform puts lenders in the driver’s seat
