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.
United Federal Credit Union Names New Mortgage Advisor in Reno, Nevada By United Federal Credit Union
United Federal Credit Union (United) is pleased to announce the appointment of Beatriz Pico to Mortgage Advisor in Reno. Pico is based at United’s loan office at 13898 S. Virginia Street in Reno.
OCCU’s four-day workweek pilot shows benefits for members and team By Oregon Community Credit Union
Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already seeing results in the form of more satisfied members and happier employees. • In March 2023, OCCU began piloting a four-day, 32-workweek in its Member Contact Center. • At the four-month mark, metrics show positive
Mazuma Credit Union is Bringing “I Love My Credit Union Day” Festivities to KC By Mazuma Credit Union
In cooperation with Envisant, a subsidiary of the Illinois Credit Union League (ICUL), Kansas City’s Mazuma Credit Union will host I Love My Credit Union Day events at the majority of its branch locations across the metropolitan area on Friday, July 28th.
Baker Market Update – Week in Review: July 21, 2023 By The Baker Group, LP
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
How Financial Institutions Should Prepare for the Return of Student Loan Repayments By TriVerity
With President Biden’s student loan relief plan invalidated by the Supreme Court, borrowers will resume payments on their student loans this September. We have already seen an increase in delinquencies at the start of 2023, and without further debt relief, we will likely see another uptick when student loan payments resume. Both financial institutions and
Advia Credit Union proud to announce Key New Hires and Promotions By Advia Credit Union
Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These developments reflect the credit union’s commitment to fostering growth, recognizing achievements, and strengthening the institution’s position as a trusted financial partner.
We Florida Financial Chooses CUSO Financial Services By CUSO Financial Services, L.P.
$750 million credit union is sixth to join CUSO Financial Services (CFS) from LPL this Quarter
EasCorp Joins the FedNow Service By Eastern Corporate Federal Credit Union (EasCorp)
Eastern Corporate Federal Credit Union (“EasCorp”) announced it is live on the Federal Reserve’s new instant payment rail, the FedNow Service. Among the first depository institutions, EasCorp is now able to support payment activity through settlement and liquidity services.
Vertifi Software Supports the FedNow Service, Advancing U.S. Payments System By Eastern Corporate Federal Credit Union (EasCorp)
Vertifi Software, LLC, (“Vertifi”) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Vertifi is among the first service providers supporting transaction activity for financial institutions on the service.
Catalyst Corporate Announces First Member Credit Union is Live on the Federal Reserve’s FedNow Service through Catalyst By Catalyst Corporate Federal Credit Union
Catalyst Corporate Federal Credit Union announces Tucson, Arizona-based Pima Federal Credit Union is now live and successfully receiving instant payment transactions on the Federal Reserve’s FedNow Service through Catalyst. Pima Federal launched its service to members in tandem with the general release of the Federal Reserve’s service on July 19 at 6:01 p.m. Central Time.
Origence Hosts Economic and Lending Webcast with Elliot Eisenberg By Origence
Origence, the leading lending technology solutions provider for credit unions, is hosting a free webcast entitled “The US Economy: Rising Rates, Real Risks, and Recession?” with special guest speaker Economist Elliot Eisenberg on July 27, 2023 at time 11 am PDT.
Plain View Community Coalition Receives SECU Foundation Grant for Strategic Planning By State Employees’ Credit Union
Plain View Community Coalition (PVCC) recently received a $40,000 grant from SECU Foundation to help further its mission to promote outreach and improve access to health, wellness, and recreation activities for low-resourced youth, adults, and the elderly.
Texas Bay Credit Union Partners with Eltropy to Elevate Member Experience through Expanded Digital Communication Channels By Eltropy
Eltropy, the leading enterprise-wide digital conversations platform for community financial institutions, today announced it has partnered with Texas Bay Credit Union, a community financial institution (CFI) serving the greater Houston market. Texas Bay chose Eltropy as an important step in its ongoing digital transformation to help improve its member engagement across account openings, providing loans,
The Power of Rapid Decisions in Indirect Lending: Leveraging Technology for Success By FOCUSONE
Houston, TX | July 18, 2023. The need for rapid decisions has become a crucial trend in indirect lending within today’s highly competitive market. Dealers and lenders alike must be able to close deals swiftly to gain an edge over their competitors. Speedy decisions enhance the customer experience, drive sales, and reduce costs for lenders.
Corporate Central Welcomes Justin Burns as Software Engineer By Corporate Central Credit Union
Corporate Central is pleased to announce and welcome Justin Burns as a Software Engineer. In this role, Burns will create, code, test, debug, maintain, and troubleshoot complex applications to meet business requirements. He will design and develop business intelligence systems and database systems and design and maintain front-end user interfaces. In addition, he will provide
Baker Market Update – Week in Review: July 14, 2023 By The Baker Group, LP
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Unlock Your Potential: Building Your Personal Brand Explores Professional Identity Best Practices By CUES
CUES is pleased to offer Unlock Your Potential: Building Your Personal Brand, a new online session designed to help the industry’s up-and-coming female professionals stand out in today’s competitive business landscape.
National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to Listerhill Credit Union By National Cooperative Bank
National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce a $5 million subordinated debt loan to Listerhill Credit Union. Chartered in 1952, Listerhill is a low-income designated credit union, headquarterd in Muscle Shoals, Alabama and currently serves 92,000 members across
Straw Joins Truliant as Chief Retail Banking Officer By Truliant Federal Credit Union
Truliant Federal Credit Union announced today that it has hired Kristi Straw to the newly created role of chief retail banking officer. Straw will serve on the Chief Planning Team. She will be responsible for organizing, planning and strategically directing the activities of Truliant’s branch network, call center, and the Truliant Financial Advisors.
Callahan & Associates Announces Its Final Two Weeks To Register For 𝘚𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘭𝘦 𝘉𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘚𝘵𝘳𝘢𝘵𝘦𝘨𝘺 By Callahan & Associates, Inc.
Callahan & Associates is excited to kick off another session of Sustainable Business Strategy this August. This virtual and interactive professional-development program offered in collaboration with Harvard Business School Online is designed to teach credit union executives to successfully lead with purpose.
Redwood Credit Union Welcomes New Vice President of Mortgage Lending By Redwood Credit Union
Redwood Credit Union has hired Brian Kreitzer as vice president of mortgage lending.
SECU Foundation Awards Teach for America with $250,000 Grant By State Employees’ Credit Union
A new round of grants recently approved by the SECU Foundation Board of Directors began with funding for a Reinvest in Student Excellence (RISE) Fellowship pilot with the North Carolina chapter of Teach for America (TFA NC).
Loan Payment Fintech Alacriti Joins Co-op Solutions’ Strategic Provider Program By CO-OP/PSCU
Co-op Solutions is partnering with fintech company Alacriti to help credit unions deliver modern, intuitive loan payment services to their members. Alacriti joins a growing list of credit union fintech providers in the recently launched Co-op Strategic Provider Program. The program streamlines a credit union’s procurement process by offering access to pre-vetted, best-in-class products and
Clearview Federal Credit Union recognizes an outstanding volunteer with a $5,000 donation. By Clearview Federal Credit Union
Clearview Federal Credit Union’s annual Joseph C. Cirelli Community Service Award winner award recognizes a volunteer that goes above and beyond to service their community. In recognition of their dedication, the winner receives a $5,000 donation to the charity they selflessly serve. This year’s winner is Beth McIntyre, recognized for her service as the director
Pima Federal Credit Union Partners with Arkatechture for Improved Strategic Planning By Arkatechture
Pima Federal Credit Union is partnering with Arkatechture to improve strategic planning and key decisions by backing them with quality data and analytics.
Early Access to CUES® 2024 Memberships Now Available By CUES
Credit unions who join CUES now will get immediate access to their 2024 membership benefits, with the remainder of 2023 included at no charge.
QuantyPhi Launches Innovative Liquidity Framework Review Service for Credit Unions By Corporate Central Credit Union
QuantyPhi, a balance sheet optimization CUSO for credit unions, is proud to announce the launch of its groundbreaking Liquidity Framework Review service. This new service is strategically designed to evaluate a credit union’s liquidity risk management framework while considering the current, emerging, and potential liquidity risks facing credit unions. The goal is to provide credit
GTE Financial Promotes Long-Time Team Member To AVP Of Talent Acquisition By GTE Financial Federal Credit Union
Locally owned and operated credit union GTE Financial continues to elevate its elite talent team. The credit union is happy to announce the promotion of long-time GTE team member, Marian Ringuette, to Assistant Vice President of Talent Acquisition.
Orange County’s Credit Union Welcomes Kathy Jumper as New CEO By Orange County’s Credit Union
The Board of Directors of Orange County’s Credit Union announced today the appointment of Kathy Jumper as its new chief executive officer, effective August 16, 2023. Jumper was selected by the Board of Directors, with the support of Interim CEO Lucy Ito, following an extensive executive search that produced a highly competitive candidate pool. With