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

Optimizing Collections: Mitigating Risk Management in Estate Recovery

Inflation has affected many aspects of the economy, with the cost of nearly everything rising – from non-discretionary expenses like food and housing to discretionary activities like entertainment and travel. Estate planning, while not something top of mind for most people, has also been affected. According to Caring.com’s 2024 Wills and Estate survey, a mere

Envisant Partners with Clutch

Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit unions to fulfill their digital aspirations and better serve members. I hope you’ll share this great news with your networks and please let me know if you have any questions!

ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors

The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing Board of Directors, which provides guidance to ACUMA on how best to serve its growing membership. The Volunteer Board Member will provide guidance for the non-profit association.

Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies

AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, Calif. – June 13, 2024 – Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is hosting a series of webinars, providing timely guidance on combating fraud and dealing with the impact of

CU Student Choice Announces Denise Stevens as New Board Member

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that Denise Stevens, EVP and Chief Product Officer for Velera (formerly PSCU/Co-Op Solutions), has been appointed to the organization’s Board of Directors.

SchoolsFirst FCU Honors Innovative School Superintendent and District at Innovation in Education Awards

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented the Innovative Superintendent and District Team Award to Joseph Clevenger, superintendent of Bonsall Unified School District in Bonsall, Calif., as part of the Innovation in Education Awards program held May 16 at SeaWorld San Diego

Coastal Credit Union Hires Doreen Duffy, VP of Human Resources

Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute Coastal’s human resources strategy in support of the credit union’s overall strategic plan. She will be responsible for succession planning, talent management, performance management, benefits, and compensation. She and her team will work proactively with

Yolanda Ford to Retire from the NASCUS Regulator Board of Directors

The National Association of State Credit Union Supervisors (NASCUS) is announcing that Yolanda Ford will retire from the NASCUS Regulator Board of Directors on Monday, June 3, 2024. Ms. Ford, the Deputy Superintendent of the Community and Regional Banks Unit within the New York State Department of Financial Services, has been a champion for the

Alogent Introduces Enhanced AccuAccount Features to Strengthen Loan Document Management Compliance, Aligned with Dodd-Frank Act Standards for Demographic Data Protection

Alogent announced the release of AccuAccount v24.0, inclusive of new features that ensure compliance with the Equal Credit Opportunity Act, Section 1071 of the Dodd-Frank Act. These enhancements enable financial institutions to safeguard documents containing sensitive demographic data from users involved in lending decisions, promoting fairness and impartiality in the lending process.

Advia Credit Union proud to announce Recent Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These updates demonstrate the credit union’s commitment to nurturing talent, recognizing accomplishments, and solidifying its reputation as a dependable financial partner.

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 Bettina L. Buscemi Memorial Scholarship. The Bettina L. Buscemi Memorial Scholarship is in memory of Bettina L. Buscemi, a long-time valued Day Air Credit Union associate. This scholarship is awarded annually to local students who

Corporate Central Welcomes Laurie Butz as New Board Member Following Retirement of Eric Chrisinger

After 15 years of dedicated volunteer service, including serving as Chair from 2017 to 2019, Eric Chrisinger, President/CEO of Co-op Credit Union in Black River Falls, Wisconsin, has retired from the Corporate Central board of directors. To fill the vacant board position, the Corporate Central board unanimously appointed Laurie Butz, President/CEO of Capital Credit Union

SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that the Credit Union raised more than $10,900 for Children’s Hospital Los Angeles (CHLA) through participation at the CHLA Walk & Play L.A. 2024 annual fundraising event, and through a fundraising campaign held in

Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire IMAX Theatre and Sacramento State’s College of Education, today announced that Holly Gotwals of Rocklin Unified Adult Transition Program has been named 2023/2024 Esquire IMAX Teacher of the Year. The prestigious award was presented during

Tower Federal Credit Union Earns Great Place to Work® Certification—Six Years in a Row!

For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). Rick Stafford, Tower’s President and CEO, credits Tower’s exceptional team of employees and the credit union’s service-driven, people-oriented culture as the reason for the recognition. “Our Great Place to Work

eDOC and VisiFI Launch an e-Sign Collaboration

eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider have collaborated to build multiple e-Sign integration points for their mutual credit union customers. The end-to-end integration involves VisiFI’s Digital Account Opening, Direct Lending platforms as well as i-POWER® core.

SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union has awarded $184,500 in college scholarships to 239 students as part of its annual Member Education Award scholarship program for 2024. Launched in 2000, the scholarship program was established to improve the lives of SchoolsFirst

Industry Analysis & Trends

Optimizing Collections: Mitigating Risk Management in Estate Recovery

Inflation has affected many aspects of the economy, with the cost of nearly everything rising – from non-discretionary expenses like ...
Other

BECU Expands Financial Services for South King County Members with New White Center Location

BECU, Washington’s largest credit union, today announced its plans to open a new Neighborhood Financial Center (NFC) in the White ...
Strategic Partnerships

Envisant Partners with Clutch

Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit ...
Operations & HR

ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors

The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing ...
Personnel Promotions

Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union

Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union.
Making A Difference

Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub

SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in ...
Industry Analysis & Trends

Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies

AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 07, 2024

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

CU Student Choice Announces Denise Stevens as New Board Member

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that Denise Stevens, EVP ...
Making A Difference

SchoolsFirst FCU Honors Innovative School Superintendent and District at Innovation in Education Awards

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented ...
Operations & HR

Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine

Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best ...
Personnel Promotions

Coastal Credit Union Hires Doreen Duffy, VP of Human Resources

Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute ...
Other

Yolanda Ford to Retire from the NASCUS Regulator Board of Directors

The National Association of State Credit Union Supervisors (NASCUS) is announcing that Yolanda Ford will retire from the NASCUS Regulator ...
Technology

Alogent Introduces Enhanced AccuAccount Features to Strengthen Loan Document Management Compliance, Aligned with Dodd-Frank Act Standards for Demographic Data Protection

Alogent announced the release of AccuAccount v24.0, inclusive of new features that ensure compliance with the Equal Credit Opportunity Act, ...
Operations & HR

Advia Credit Union proud to announce Recent Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These updates demonstrate the ...
Making A Difference

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 31, 2024

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

Corporate Central Welcomes Laurie Butz as New Board Member Following Retirement of Eric Chrisinger

After 15 years of dedicated volunteer service, including serving as Chair from 2017 to 2019, Eric Chrisinger, President/CEO of Co-op ...
Operations & HR

Corporate Central Welcomes Clare Krupar as Accounting and Office Assistant

Corporate Central is pleased to announce the hiring of Clare Krupar as Accounting and Office Assistant. In this role, Krupar ...
Making A Difference

SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Personnel Promotions

For Immediate Release: Mission City Federal Credit Union Appoints Kamil Sakici as Chief Executive Officer

Santa Clara, CA – June 4, 2024. The Board of Directors of Mission City Federal Credit Union is pleased to ...
Personnel Promotions

Tasha Kostick Appointed to Corporate One Federal Credit Union’s Board of Directors

Corporate One Federal Credit Union announced today that Tasha Kostick, senior vice president and chief financial officer at 1st Northern ...
Making A Difference

Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire ...
Strategic Partnerships

Encurage Financial Network Credit Union Members Vote in Favor of GLCU Merger, Legal Day 1 Upcoming

Chicago, Ill. (May 29, 2024) – On May13, encurage financial network credit union (EFNCU) members voted in favor of the ...
Operations & HR

Tower Federal Credit Union Earns Great Place to Work® Certification—Six Years in a Row!

For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at ...
Operations & HR

United Federal Credit Union Names New Mortgage Advisor in Mishawaka

United Federal Credit Union is pleased to announce the appointment of Justin Prawat to Mortgage Advisor in Mishawaka, Indiana. Prawat ...
Making A Difference

Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation

Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The ...
Strategic Partnerships

eDOC and VisiFI Launch an e-Sign Collaboration

eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union ...
Personnel Promotions

For Immediate Release: NACUSO Expands Executive Team with Industry Professionals Adam Lee, Rebecca Isaacs, and Sedric Brinson

Eugene, OR – May 24, 2024 – The National Association of Credit Union Service Organizations (NACUSO) is thrilled to announce ...
Industry Analysis & Trends

Optimizing Collections: Mitigating Risk Management in Estate Recovery

Inflation has affected many aspects of the economy, with the cost of nearly everything rising – from non-discretionary expenses like ...
Other

BECU Expands Financial Services for South King County Members with New White Center Location

BECU, Washington’s largest credit union, today announced its plans to open a new Neighborhood Financial Center (NFC) in the White ...
Strategic Partnerships

Envisant Partners with Clutch

Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit ...
Operations & HR

ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors

The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing ...
Personnel Promotions

Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union

Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union.
Making A Difference

Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub

SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in ...
Industry Analysis & Trends

Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies

AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, ...
Industry Analysis & Trends

Baker Market Update – Week in Review: June 07, 2024

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

CU Student Choice Announces Denise Stevens as New Board Member

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that Denise Stevens, EVP ...
Making A Difference

SchoolsFirst FCU Honors Innovative School Superintendent and District at Innovation in Education Awards

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, presented ...
Operations & HR

Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine

Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best ...
Personnel Promotions

Coastal Credit Union Hires Doreen Duffy, VP of Human Resources

Coastal Credit Union has hired Doreen Duffy as VP of Human Resources. In her role, Duffy will develop and execute ...
Other

Yolanda Ford to Retire from the NASCUS Regulator Board of Directors

The National Association of State Credit Union Supervisors (NASCUS) is announcing that Yolanda Ford will retire from the NASCUS Regulator ...
Technology

Alogent Introduces Enhanced AccuAccount Features to Strengthen Loan Document Management Compliance, Aligned with Dodd-Frank Act Standards for Demographic Data Protection

Alogent announced the release of AccuAccount v24.0, inclusive of new features that ensure compliance with the Equal Credit Opportunity Act, ...
Operations & HR

Advia Credit Union proud to announce Recent Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These updates demonstrate the ...
Making A Difference

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 ...
Industry Analysis & Trends

Baker Market Update – Week in Review: May 31, 2024

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

Corporate Central Welcomes Laurie Butz as New Board Member Following Retirement of Eric Chrisinger

After 15 years of dedicated volunteer service, including serving as Chair from 2017 to 2019, Eric Chrisinger, President/CEO of Co-op ...
Operations & HR

Corporate Central Welcomes Clare Krupar as Accounting and Office Assistant

Corporate Central is pleased to announce the hiring of Clare Krupar as Accounting and Office Assistant. In this role, Krupar ...
Making A Difference

SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today ...
Personnel Promotions

For Immediate Release: Mission City Federal Credit Union Appoints Kamil Sakici as Chief Executive Officer

Santa Clara, CA – June 4, 2024. The Board of Directors of Mission City Federal Credit Union is pleased to ...
Personnel Promotions

Tasha Kostick Appointed to Corporate One Federal Credit Union’s Board of Directors

Corporate One Federal Credit Union announced today that Tasha Kostick, senior vice president and chief financial officer at 1st Northern ...
Making A Difference

Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire ...
Strategic Partnerships

Encurage Financial Network Credit Union Members Vote in Favor of GLCU Merger, Legal Day 1 Upcoming

Chicago, Ill. (May 29, 2024) – On May13, encurage financial network credit union (EFNCU) members voted in favor of the ...
Operations & HR

Tower Federal Credit Union Earns Great Place to Work® Certification—Six Years in a Row!

For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at ...
Operations & HR

United Federal Credit Union Names New Mortgage Advisor in Mishawaka

United Federal Credit Union is pleased to announce the appointment of Justin Prawat to Mortgage Advisor in Mishawaka, Indiana. Prawat ...
Making A Difference

Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation

Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The ...
Strategic Partnerships

eDOC and VisiFI Launch an e-Sign Collaboration

eDOC Innovations CUSO specializing in mobile enterprise digital transaction management, and VisiFI, an API-first core solution and digital banking provider ...
Making A Difference

SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that the Credit Union ...
Personnel Promotions

For Immediate Release: NACUSO Expands Executive Team with Industry Professionals Adam Lee, Rebecca Isaacs, and Sedric Brinson

Eugene, OR – May 24, 2024 – The National Association of Credit Union Service Organizations (NACUSO) is thrilled to announce ...

Meriwest Credit Union Develops New Account Designed for Savers Seeking Enhanced Deposit Insurance Protection

Unlock the power of secure savings with the SecureEdge Money Market Account from Meriwest. Enjoy competitive rates, full liquidity, and enhanced deposit insurance up to ...

Debunking the Myths: What AI Really Means for Banking

Debunking the Myths: What AI Really Means for Banking By Hugh Khan, Chief Technology Officer, Suntell and Intelligent Banking Solutions In this insightful article, Hugh ...

LendKey and Member Student Lending Award $22,000 in Scholarships to Support College Students

Cincinnati, OH —Member Student Lending, a leading network of credit unions offering private student loan and student loan refinance lending solutions, and LendKey, the pioneer ...

TDFCU Welcomes New Chief Operating Officer: A Proven Leader in Member Experience and Operational Excellence

Treasury Department Federal Credit Union (TDFCU), proudly serving its members since 1935, is excited to welcome Nicholas Moreland as its new Chief Operating Officer (COO). ...

Triangle Credit Union Partners With Arkatechture to Anticipate Member Needs & Position for Future Growth

With Arkatechture’s help, Triangle Credit Union is modernizing its data environment, empowering business users, and enhancing the overall member experience.

SchoolsFirst FCU Honors School Employees in Recognition Events Throughout California

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, recently recognized 30 school employees, representing various categories of non-certified, non-management ...
Scroll to Top