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

Kentucky Credit Union League Selects Jim Kasch as President/CEO

Louisville, KY, August 8, 2023. The Board of Directors of the Kentucky Credit Union League is pleased to announce the selection of Jim Kasch as the credit union’s next President/Chief Executive Officer. Mr. Kasch will succeed Ms. Debbie Painter, who is retiring after serving Kentucky’s Credit Unions for decades, including in the role of President/CEO

Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative

Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a supportive housing complex and community center for the homeless in New Hanover County. The completed complex will consist of 31 fully furnished tiny homes located within a gated community. Residents will have access to supportive

Acadia Federal Credit Union Drives New Efficiencies by Centralizing Member Service on the Glia Interaction Platform

Acadia Federal Credit Union has digitally transformed member services with Glia, adding convenient digital-first service options and centralizing its call center on the Glia Interaction Platform. Unifying phone and digital channels has enabled the credit union to meet strong demand for commercial and consumer loans while supporting overall membership growth.

Baker Market Update – Week in Review: August 04, 2023

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

Ashley Chambers Selected as a Most Valuable Young Professional by CORP!

Ashley Chambers, Director of Business Development at Chief Financial Credit Union, as a recipient of the prestigious Most Valuable Young Professional (MVP) Award in CORP! Magazine’s Eighth Annual MVP Awards. This recognition celebrates Chambers’ outstanding contributions to the business community and her exceptional leadership skills.

GTE Financial Awards $78,000 In Scholarships To 26 Dedicated Students

GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon. Finalists received $3,000 each and spent the afternoon celebrating at TPepin’s Hospitality Centre with their families, the Judging Committee, GTE’s Executive Management team, and GTE’s Board of Directors.

SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants

Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was part of the Foundation’s Mission Development Grant (MDG) program, providing each non-profit with $40,000 and an approved consultant to help address organizational needs for future business goals and sustainability.

A Practical Approach to Cost-Effective Indirect Lending

In today’s highly competitive financial landscape credit unions continually seek cost-effective solutions to strengthen their lending capabilities. Credit unions can leverage innovative and flexible indirect lending programs to optimize their lending operations while minimizing unnecessary expenses. By partnering with a trusted indirect lending industry leader, credit unions can harness technology and tailor services to achieve

CUSO’s ‘CU-Save’ Program Continues to Deliver Big Time Savings to Credit Unions

InterLutions, a CUSO providing contract negotiations and cost reduction services, continues to deliver eye-opening savings for its credit union clients. Since the launch of the program in 2017, InterLutions has helped 80 credit unions save over $30 million. The solution is called CU-Save and partners with the industry-leading advisory firm SRM to review third-party vendor

Passing of Charles “Chuck” Furbee, III, Former CEO of Alloya Corporate Federal Credit Union

Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July 29, 2023 in Naperville, Illinois at the age of 81. Furbee was Alloya’s founding CEO, serving the corporate from 2010 to 2013 before retiring. In addition to his service at Alloya, Furbee was a U.S.

FINCOMP, the only HR conference of its kind.

BalancedComp, a leading provider of workforce compensation consulting and software solutions for financial institutions, announced the upcoming launch of its next corporate milestone making waves nationwide in the industry: FinComp 2023. This first-ever event is the most comprehensive compensation conference in the country, tailored for HR professionals at mid and senior-levels working in banks and

SchoolsFirst Federal Credit Union Holds Workshops to Commemorate Signing of Americans with Disabilities Act

SchoolsFirstFCU hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and Sacramento operation center, to commemorate the July 26 anniversary of the signing of the Americans with Disabilities Act (ADA). Each session featured hands-on learning activities to simulate common disabilities, which gave team members direct experience

Georgia Gwinnett College Program to Benefit First-Generation Students

LAWRENCEVILLE, GA (August 1, 2023) – A new scholarship at Georgia Gwinnett College (GGC) will help first-generation college students reduce the cost of their education. Generally, first generation students are defined as those whose parents did not complete a four-year college or university degree. Made possible by a $250,000 pledge to the Georgia Gwinnett College

First Alliance Credit Union Selects Brent Rempe as President/CEO

Stewartville, MN, August 1, 2023. The Board of Directors of First Alliance Credit Union is pleased to announce the selection of Brent Rempe as the credit union’s next President/Chief Executive Officer. Mr. Rempe will succeed Mike Rosek who is retiring after serving in the role for 6 years. “Even with a group of highly qualified

eDOC Celebrates Team Achievement with Its Annual Step Challenge and Charitable Donations

eDOC completed its Annual Step Challenge, promoting physical activity, encouraging a healthy work-life balance and boosting employee morale. Members of the winning team were awarded additional Paid Time Off (PTO) and the CUSO donated to worthy community causes like Green Mountain Habitat for Humanity and the Addison Country Humane Society on behalf of the winners.

Garden Savings Donates $14,000 to Children’s Specialized Hospital

Garden Savings recently raised $14,000 for Children’s Specialized Hospital through their 2023 Golf Outing. An additional $14,000 was raised for Big Brothers Big Sisters at this event. For photos, please contact Carlos at CRonquillo@gardensavingsfcu.com

Clearview Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and newly named the members of its new Executive Leadership Team.

Callahan & Associates Introduces New Webinar Series: “A Conversation With…”

Callahan & Associates, the leading provider of resources for credit union professionals, introduces “A Conversation With…,” an exciting new webinar series. These exclusive interviews with industry leaders provide valuable insights on top-of-mind topics derived from their extensive experience.

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed a partnership with TEG Federal Credit Union, a New York based credit union founded as a teacher’s credit union. Founded in 1969, TEGFCU has experienced significant growth over the past ten years, and this growth

Technology

Acadia Federal Credit Union Drives New Efficiencies by Centralizing Member Service on the Glia Interaction Platform

Acadia Federal Credit Union has digitally transformed member services with Glia, adding convenient digital-first service options and centralizing its call ...
Making A Difference

Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative

Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a ...
Personnel Promotions

Kentucky Credit Union League Selects Jim Kasch as President/CEO

Louisville, KY, August 8, 2023. The Board of Directors of the Kentucky Credit Union League is pleased to announce the ...
Strategic Partnerships

BCU BECOMES FIRST ORGANIZATION TO RECEIVE “BUDGETNISTA STAMP OF APPROVAL”

After a year-long partnership with award-winning financial educator, Tiffany ‘The Budgetnista’ Aliche, BCU is proud to announce it has received ...
Industry Analysis & Trends

Baker Market Update – Week in Review: August 04, 2023

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

CUSO’s ‘CU-Save’ Program Continues to Deliver Big Time Savings to Credit Unions

InterLutions, a CUSO providing contract negotiations and cost reduction services, continues to deliver eye-opening savings for its credit union clients. ...
Other

A Practical Approach to Cost-Effective Indirect Lending

In today’s highly competitive financial landscape credit unions continually seek cost-effective solutions to strengthen their lending capabilities. Credit unions can ...
Making A Difference

SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants

Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was ...
Making A Difference

GTE Financial Awards $78,000 In Scholarships To 26 Dedicated Students

GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon. Finalists ...
Other

Plan Ahead to Get Ahead: The CUES 2024 Learning & Events Calendar is Now Available

Talent development leader CUES has released its 2024 Learning & Events Calendar and other tools to help the industry’s professionals ...
Personnel Promotions

Ashley Chambers Selected as a Most Valuable Young Professional by CORP!

Ashley Chambers, Director of Business Development at Chief Financial Credit Union, as a recipient of the prestigious Most Valuable Young ...
Personnel Promotions

Redwood Credit Union Welcomes New Vice President of Financial Assistance

Redwood Credit Union has hired Wellman Ho as vice president of financial assistance.
Marketing

ALLIANCE CU Finds Member-Centric Technology Partner in Co-op Solutions

With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its ...
Other

Passing of Charles “Chuck” Furbee, III, Former CEO of Alloya Corporate Federal Credit Union

Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July ...
Personnel Promotions

First Alliance Credit Union Selects Brent Rempe as President/CEO

Stewartville, MN, August 1, 2023. The Board of Directors of First Alliance Credit Union is pleased to announce the selection ...
Strategic Partnerships

myCUmortgage Starts Strong in 2023 and Signs Five New Partner Credit Unions

New Q1 & Q2 partners share myCUmortgage’s pursuit of helping more credit union members with homeownership
Other

CUSO Financial Services Welcomes Northern Credit Union

$600 Million Northern Credit Union Cites Experience in Personalized Member Solutions as Reason for Joining CUSO Financial Services.
Making A Difference

Georgia Gwinnett College Program to Benefit First-Generation Students

LAWRENCEVILLE, GA (August 1, 2023) – A new scholarship at Georgia Gwinnett College (GGC) will help first-generation college students reduce ...
Other

2023 CUES® Compensation Survey Results Indicate Compensation Up Across Most Positions

Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in ...
Operations & HR

NEW VP AT CUSO HOME LENDING BRINGS DECADES OF EXPERIENCE IN MORTGAGE ARENA

CUSO Home Lending President and CEO, Lori Michaud today announced the hiring of a new Vice President of Servicing and ...
Making A Difference

SchoolsFirst Federal Credit Union Holds Workshops to Commemorate Signing of Americans with Disabilities Act

SchoolsFirstFCU hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and ...
Industry Analysis & Trends

FINCOMP, the only HR conference of its kind.

BalancedComp, a leading provider of workforce compensation consulting and software solutions for financial institutions, announced the upcoming launch of its ...
Personnel Promotions

Clearview Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and newly named the members of its new Executive ...
Charity Events

Garden Savings Donates $14,000 to Children’s Specialized Hospital

Garden Savings recently raised $14,000 for Children’s Specialized Hospital through their 2023 Golf Outing. An additional $14,000 was raised for ...
Personnel Promotions

Clearview Federal Credit Union Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and the newly named members of its Executive Leadership ...
Making A Difference

eDOC Celebrates Team Achievement with Its Annual Step Challenge and Charitable Donations

eDOC completed its Annual Step Challenge, promoting physical activity, encouraging a healthy work-life balance and boosting employee morale. Members of ...
New Product Releases

Callahan & Associates Introduces New Webinar Series: “A Conversation With…”

Callahan & Associates, the leading provider of resources for credit union professionals, introduces “A Conversation With…,” an exciting new webinar ...
Strategic Partnerships

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed ...
Technology

InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate

InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy’s cutting-edge ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 28, 2023

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

Acadia Federal Credit Union Drives New Efficiencies by Centralizing Member Service on the Glia Interaction Platform

Acadia Federal Credit Union has digitally transformed member services with Glia, adding convenient digital-first service options and centralizing its call ...
Making A Difference

Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative

Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a ...
Personnel Promotions

Kentucky Credit Union League Selects Jim Kasch as President/CEO

Louisville, KY, August 8, 2023. The Board of Directors of the Kentucky Credit Union League is pleased to announce the ...
Strategic Partnerships

BCU BECOMES FIRST ORGANIZATION TO RECEIVE “BUDGETNISTA STAMP OF APPROVAL”

After a year-long partnership with award-winning financial educator, Tiffany ‘The Budgetnista’ Aliche, BCU is proud to announce it has received ...
Industry Analysis & Trends

Baker Market Update – Week in Review: August 04, 2023

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

CUSO’s ‘CU-Save’ Program Continues to Deliver Big Time Savings to Credit Unions

InterLutions, a CUSO providing contract negotiations and cost reduction services, continues to deliver eye-opening savings for its credit union clients. ...
Other

A Practical Approach to Cost-Effective Indirect Lending

In today’s highly competitive financial landscape credit unions continually seek cost-effective solutions to strengthen their lending capabilities. Credit unions can ...
Making A Difference

SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants

Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was ...
Making A Difference

GTE Financial Awards $78,000 In Scholarships To 26 Dedicated Students

GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon. Finalists ...
Other

Plan Ahead to Get Ahead: The CUES 2024 Learning & Events Calendar is Now Available

Talent development leader CUES has released its 2024 Learning & Events Calendar and other tools to help the industry’s professionals ...
Personnel Promotions

Ashley Chambers Selected as a Most Valuable Young Professional by CORP!

Ashley Chambers, Director of Business Development at Chief Financial Credit Union, as a recipient of the prestigious Most Valuable Young ...
Personnel Promotions

Redwood Credit Union Welcomes New Vice President of Financial Assistance

Redwood Credit Union has hired Wellman Ho as vice president of financial assistance.
Marketing

ALLIANCE CU Finds Member-Centric Technology Partner in Co-op Solutions

With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its ...
Other

Passing of Charles “Chuck” Furbee, III, Former CEO of Alloya Corporate Federal Credit Union

Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July ...
Personnel Promotions

First Alliance Credit Union Selects Brent Rempe as President/CEO

Stewartville, MN, August 1, 2023. The Board of Directors of First Alliance Credit Union is pleased to announce the selection ...
Strategic Partnerships

myCUmortgage Starts Strong in 2023 and Signs Five New Partner Credit Unions

New Q1 & Q2 partners share myCUmortgage’s pursuit of helping more credit union members with homeownership
Other

CUSO Financial Services Welcomes Northern Credit Union

$600 Million Northern Credit Union Cites Experience in Personalized Member Solutions as Reason for Joining CUSO Financial Services.
Making A Difference

Georgia Gwinnett College Program to Benefit First-Generation Students

LAWRENCEVILLE, GA (August 1, 2023) – A new scholarship at Georgia Gwinnett College (GGC) will help first-generation college students reduce ...
Other

2023 CUES® Compensation Survey Results Indicate Compensation Up Across Most Positions

Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in ...
Operations & HR

NEW VP AT CUSO HOME LENDING BRINGS DECADES OF EXPERIENCE IN MORTGAGE ARENA

CUSO Home Lending President and CEO, Lori Michaud today announced the hiring of a new Vice President of Servicing and ...
Making A Difference

SchoolsFirst Federal Credit Union Holds Workshops to Commemorate Signing of Americans with Disabilities Act

SchoolsFirstFCU hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and ...
Industry Analysis & Trends

FINCOMP, the only HR conference of its kind.

BalancedComp, a leading provider of workforce compensation consulting and software solutions for financial institutions, announced the upcoming launch of its ...
Personnel Promotions

Clearview Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and newly named the members of its new Executive ...
Charity Events

Garden Savings Donates $14,000 to Children’s Specialized Hospital

Garden Savings recently raised $14,000 for Children’s Specialized Hospital through their 2023 Golf Outing. An additional $14,000 was raised for ...
Personnel Promotions

Clearview Federal Credit Union Announces Organizational Realignment

Clearview Federal Credit Union is pleased to announce an organizational realignment and the newly named members of its Executive Leadership ...
Making A Difference

eDOC Celebrates Team Achievement with Its Annual Step Challenge and Charitable Donations

eDOC completed its Annual Step Challenge, promoting physical activity, encouraging a healthy work-life balance and boosting employee morale. Members of ...
New Product Releases

Callahan & Associates Introduces New Webinar Series: “A Conversation With…”

Callahan & Associates, the leading provider of resources for credit union professionals, introduces “A Conversation With…,” an exciting new webinar ...
Strategic Partnerships

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed ...
Technology

InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate

InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy’s cutting-edge ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 28, 2023

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

Baker Market Update – Week in Review: August 16, 2024

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

Maine’s Downeast Credit Union Partners with Synergent to Host Jack Henry’s Symitar Core Processing Solution

Synergent® is pleased to announce that Downeast Credit Union has signed a ten-year agreement with Synergent for hosted Jack Henry™ Symitar® core processing, Banno Digital ...

Strategic Marketing Fuels 48% Loan Growth at UCCU

Serving mostly rural areas with limited access to services and infrastructure in Missouri and Illinois, United Community Credit Union is playing a role in building ...

Datava and Corridor announce a Strategic Partnership to Revolutionize Data and Decision Management for Credit Unions

Datava, a trailblazer in end-to-end data activation for credit unions, and Corridor, a next-gen decision analytics platform with a proven track record, are excited to ...

ORIGENCE TO HOST ECONOMIC AND CREDIT UNION UPDATE WEBINAR WITH TRUSTAGE’S CHIEF ECONOMIST STEVEN RICK

Origence, the leading lending technology solutions provider for credit unions, is hosting a free webinar titled “Economic and credit union update” featuring guest speaker Steven ...

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 ...
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