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

TopLine Financial Credit Union Donates Over $4,000 In Electronics To Help Young Adults Prepare For The New School Year

TopLine Financial Credit Union donated laptops and iPads to local non-profit Avenues for Youth to assist young adults with online access to complete their schoolwork. TopLine donated 25 laptops and 2 iPads valued around $4,000, and these refurbished devices will be distributed to young adults in one of four Avenues for Youth programs to support

TOWERCARES FOUNDATION AWARDS $150,000 IN COLLEGE SCHOLARSHIPS

Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this year’s winners have parents who are affiliated with the Department of Defense, or serve in the U.S. Military.

UMassFive Introduces New Rewards Program for Checking Accounts

UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking accounts with the launch of cash back via uChoose® rewards. *UMassFive has been voted “Best Credit Union” in the Valley Advocate Reader Poll for seventeen consecutive years, including most recently in the 2023 edition.

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits In second-largest grant distribution, Foundation elevates youth-focused and quality of life nonprofit recipients Sterling Heights, Mich., (Aug. 14, 2023) – In the Foundation’s second-largest grant distribution to date, the Christian Financial Credit Union Outreach & Impact Foundation awarded four grants totaling $7,500

Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, today announced that its annual golf tournament fundraising event raised a record-breaking $152,668, surpassing its goal and exceeding last year’s total raised of $148,000. The event was held earlier this summer at the

25 Credit Unions and Community Banks Now Live with Eltropy’s AI Technology

More than 25 credit union and community bank customers—including ACFCU, Barksdale Federal Credit Union, Eglin FCU, Financial Edge, First Credit Union, Highmark Federal Credit Union, PeopleFirst FCU, and TruStone Financial CU—are now live on Eltropy’s AI Chat and experiencing widespread success after implementation.

SECU Foundation Awards Charlotte Rescue Mission $500,000 Grant for new Rebound for Men Facility

SECU Foundation recently awarded Charlotte Rescue Mission (CRM) a $500,000 challenge grant to support a capital campaign for a new Rebound for Men residential recovery facility. The Foundation’s gift will help the nonprofit expand its impact for men battling homelessness and addiction and raise greater community awareness for the initiative. Foundation funds come from the

Corporate Central Welcomes Ken Pardon as Senior Software Engineer

Corporate Central is pleased to announce and welcome Ken Pardon as a Senior Software Engineer. In this role, Pardon will deliver business process improvements and automations that provide a positive return on investment for the organization. Please see the full press release and graphic attached.

Callahan & Associates Announces Trendwatch 2Q23

Callahan & Associates, a leading provider of insights and solutions for the credit union industry, invites industry leaders to participate in the popular Trendwatch 2Q23 event on Wednesday, August 16, at 2:00 PM ET. This virtual event offers valuable insights into performance trends based on the latest data from the second quarter of 2023.

Gulf Winds Selects Stephen Whiting as Director in Training

Gulf Winds Credit Union is pleased to announce the selection of Stephen Whiting, Executive Director of Technology Operations at Pensacola State College, as the newest Director in Training for the Board of Directors. As a Director in Training, Whiting will play a vital role in guiding the management of the Credit Union in support of

July’s Credit Union Social Media Blitz Reaches 9 Million People

The #ILoveMyCreditUnion Day mission is to raise credit union awareness by encouraging authentic high-energy conversation across social media platforms. By tapping into the credit union principles of cooperation among cooperatives and concern for community, the campaign stays true to the people helping people mission.

TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts

TopLine Financial Credit Union was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the adult education category for the number of adults reached through personal financial education efforts. CUFEN recently reported that Minnesota credit unions reach 1,083 adults and students combined through a variety of financial education efforts. TopLine

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.

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

Other

Redwood Credit Union Recognized by Forbes as One of “America’s Best Small Employers 2023”

Redwood Credit Union has been named by Forbes as one of “America’s Best Small Employers 2023.”
New Product Releases

UMassFive Introduces New Rewards Program for Checking Accounts

UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking ...
Making A Difference

TOWERCARES FOUNDATION AWARDS $150,000 IN COLLEGE SCHOLARSHIPS

Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this ...
Operations & HR

1st United Credit Union Named a Greater Bay Area Top Workplace for the 5th Year

1st United Credit Union is excited to announce that they have been awarded a Top Workplaces 2023 honor by San ...
Charity Events

Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits In second-largest grant distribution, Foundation elevates youth-focused ...
Personnel Promotions

SafeAmerica Credit Union Announces New Regional Branch Manager

SafeAmerica Credit Union announces their new Regional Branch Manager, Melinda Santa Cruz.
Technology

25 Credit Unions and Community Banks Now Live with Eltropy’s AI Technology

More than 25 credit union and community bank customers—including ACFCU, Barksdale Federal Credit Union, Eglin FCU, Financial Edge, First Credit ...
Industry Analysis & Trends

Baker Market Update – Week in Review: August 11, 2023

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

Corporate Central Welcomes Ken Pardon as Senior Software Engineer

Corporate Central is pleased to announce and welcome Ken Pardon as a Senior Software Engineer. In this role, Pardon will ...
Making A Difference

SECU Foundation Awards Charlotte Rescue Mission $500,000 Grant for new Rebound for Men Facility

SECU Foundation recently awarded Charlotte Rescue Mission (CRM) a $500,000 challenge grant to support a capital campaign for a new ...
Making A Difference

Coastal Credit Union Foundation Grant Erases $2.2 Million in Medical Debt

The Coastal Credit Union Foundation announced that a grant to RIP Medical Debt has helped erase nearly $2.2 million in ...
Industry Analysis & Trends

Callahan & Associates Announces Trendwatch 2Q23

Callahan & Associates, a leading provider of insights and solutions for the credit union industry, invites industry leaders to participate ...
Making A Difference

TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts

TopLine Financial Credit Union was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the ...
Making A Difference

July’s Credit Union Social Media Blitz Reaches 9 Million People

The #ILoveMyCreditUnion Day mission is to raise credit union awareness by encouraging authentic high-energy conversation across social media platforms. By ...
Other

Dr. Grace Lubwama joins Advia Credit Union’s Board of Directors

Advia Credit Union, headquartered in Kalamazoo, MI, is pleased to announce the appointment of Dr. Grace Lubwama to its volunteer ...
Operations & HR

Gulf Winds Selects Stephen Whiting as Director in Training

Gulf Winds Credit Union is pleased to announce the selection of Stephen Whiting, Executive Director of Technology Operations at Pensacola ...
Making A Difference

14 High School Seniors Earn College Scholarships for the 2023-24 School Year

Together Credit Union, on behalf of its employees and members, is thrilled to award $21,000 in scholarship dollars to high ...
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.
Other

Redwood Credit Union Recognized by Forbes as One of “America’s Best Small Employers 2023”

Redwood Credit Union has been named by Forbes as one of “America’s Best Small Employers 2023.”
New Product Releases

UMassFive Introduces New Rewards Program for Checking Accounts

UMassFive—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest enhancement to their checking ...
Making A Difference

TOWERCARES FOUNDATION AWARDS $150,000 IN COLLEGE SCHOLARSHIPS

Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this ...
Operations & HR

1st United Credit Union Named a Greater Bay Area Top Workplace for the 5th Year

1st United Credit Union is excited to announce that they have been awarded a Top Workplaces 2023 honor by San ...
Charity Events

Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser

The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits

Christian Financial Outreach & Impact Foundation awards $7,500 in grants to area nonprofits In second-largest grant distribution, Foundation elevates youth-focused ...
Personnel Promotions

SafeAmerica Credit Union Announces New Regional Branch Manager

SafeAmerica Credit Union announces their new Regional Branch Manager, Melinda Santa Cruz.
Technology

25 Credit Unions and Community Banks Now Live with Eltropy’s AI Technology

More than 25 credit union and community bank customers—including ACFCU, Barksdale Federal Credit Union, Eglin FCU, Financial Edge, First Credit ...
Industry Analysis & Trends

Baker Market Update – Week in Review: August 11, 2023

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

Corporate Central Welcomes Ken Pardon as Senior Software Engineer

Corporate Central is pleased to announce and welcome Ken Pardon as a Senior Software Engineer. In this role, Pardon will ...
Making A Difference

SECU Foundation Awards Charlotte Rescue Mission $500,000 Grant for new Rebound for Men Facility

SECU Foundation recently awarded Charlotte Rescue Mission (CRM) a $500,000 challenge grant to support a capital campaign for a new ...
Making A Difference

Coastal Credit Union Foundation Grant Erases $2.2 Million in Medical Debt

The Coastal Credit Union Foundation announced that a grant to RIP Medical Debt has helped erase nearly $2.2 million in ...
Industry Analysis & Trends

Callahan & Associates Announces Trendwatch 2Q23

Callahan & Associates, a leading provider of insights and solutions for the credit union industry, invites industry leaders to participate ...
Making A Difference

TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts

TopLine Financial Credit Union was honored with a national award from the Credit Union Financial Education Network (CUFEN) in the ...
Making A Difference

July’s Credit Union Social Media Blitz Reaches 9 Million People

The #ILoveMyCreditUnion Day mission is to raise credit union awareness by encouraging authentic high-energy conversation across social media platforms. By ...
Other

Dr. Grace Lubwama joins Advia Credit Union’s Board of Directors

Advia Credit Union, headquartered in Kalamazoo, MI, is pleased to announce the appointment of Dr. Grace Lubwama to its volunteer ...
Operations & HR

Gulf Winds Selects Stephen Whiting as Director in Training

Gulf Winds Credit Union is pleased to announce the selection of Stephen Whiting, Executive Director of Technology Operations at Pensacola ...
Making A Difference

14 High School Seniors Earn College Scholarships for the 2023-24 School Year

Together Credit Union, on behalf of its employees and members, is thrilled to award $21,000 in scholarship dollars to high ...
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.

Previewing the NASCUS State System Summit in Colorado Springs

The National Association of State Credit Union Supervisors (NASCUS) will convene its 59th annual meeting, the State System Summit (S3), from October 21-23, 2024, at ...

MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION LEVERAGES ORIGENCE’S PLATFORMS TO STREAMLINE PROCESSES AND SUPPORT GROWTH INITIATIVES

Michigan State University Federal Credit Union (MSUFCU) partners with Origence, the leading lending technology solutions provider for credit unions, to streamline processes and enhance its ...

ACUMA Welcomes New Board Member; Slate of Officers Approved

The American Credit Union Mortgage Association (ACUMA) has added Brandon Webb, Senior VP of Mortgage Lending at Arkansas Federal Credit Union, to its Board of ...

Advia Credit Union Grows Stronger in Illinois with Completed Purchase of NorthSide Community Bank

Advia Credit Union is pleased to announce that its merger with NorthSide Community Bank, headquartered in Gurnee, Illinois, is now official as of October 1, ...

GTE Financial Triumphs with Bronze Marketing Association of Credit Unions Award for Culture/Internal Branding for Compliance Week

GTE Financial, a leading credit union in Tampa Bay, was honored this month with the prestigious Bronze Marketing Association of Credit Unions (MAC) Award for ...

Maine Credit Unions Launch Challenge to Fight Hunger

As part of their longstanding efforts, Maine credit unions are proud to announce the launch of their fifth annual $100,000 Ending Hunger Challenge. Throughout the ...
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