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
Operations & HR

InFirst Federal Credit Union Executive Leadership Changes

ALEXANDRIA, VA (02/22/2023) – InFirst Federal Credit Union (InFirst) announces changes to its Executive Leadership team. Please see the attached ...

Credit Unions Form CUSO to Access Prizeout’s Innovative Technology and Disrupt Traditional Banking Models

Nine credit unions nationwide have joined the Prizeout Partners CUSO to give their members access to more funds during the ...
Making A Difference

The Collective Power of a Dollar: SECU Foundation has a Long History of Supporting Economically Distressed Communities Across North Carolina

With one dollar a month, State Employees’ Credit Union’s (SECU’s) 2.7 million members are making a powerful impact in North ...
Marketing

Co-op Solutions’ New Strategic Provider Program Adds NYDIG

Co-op Solutions is partnering with NYDIG, the leading provider of digital asset solutions for the credit union industry, to empower ...
Personnel Promotions

OCCU hires two leaders

OCCU welcomes Genevieve Sumnall as VP of business services and has promoted Cheleana Stafflund to director of retail operations. Both ...
Industry Analysis & Trends

PSCU Named One of America’s Best Midsize Employers by Forbes

PSCU, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has been named ...
Personnel Promotions

UMassFive Announces Recent Management Promotions

UMassFive is excited to announce two recent management team promotions: Assistant Vice President of Information Technology, Melvin Olivo, and Information ...
Strategic Partnerships

APL FCU Lowers Delinquency Rate by 20% with Eltropy

As a result of APL Federal Credit Union’s Text Messaging platform from Eltropy, delinquency rates dropped by 20%, call volumes ...
Making A Difference

SECU Foundation Awards $500,000 Grant to Senior Services to Support Campus Expansion

SECU Foundation recently awarded a $500,000 grant to Senior Services, a Forsyth County non-profit offering programs that respond to the ...

Texas Trust Employees Graduate from Leadership Academy

Texas Trust Credit Union employees Silvia Avila and Travis Tedford have graduated from the Cornerstone League’s Leadership Academy (CLA).
Personnel Promotions

United Federal Credit Union Promotes Juan De Alba Villegas to Branch Manager at Carson City North Branch

United Federal Credit Union (United) has promoted Juan De Alba Villegas to the position of Branch Manager at its location ...
Making A Difference

1st MidAmerica Credit Union Recognized with Three State Awards

1st MidAmerica Credit Union was recently recognized with the first place Dora Maxwell Award for social responsibility, first place for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: February 17, 2023

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

CHRISTIAN COMMUNITY CREDIT UNION DONATES $5,000 FOR EMERGENCY RELIEF IN TURKEY AND SYRIA

Christian Community Credit Union (CCCU) donated $5,000 to International Ministries (IM) emergency relief efforts for survivors of the recent earthquakes ...
Making A Difference

SECU Foundation Awards Scotland Family Counseling Center Grant to Benefit Expansion of Mental Health and Wellness Programs

SECU Foundation recently awarded Scotland Family Counseling Center a $40,000 grant to help enhance internal and external communications and extend ...
Strategic Partnerships

GTE Financial Announces Acquisition Of Local Insurance Group Serving Hispanic Community

GTE Financial, one of Tampa Bay’s leading financial institutions, has acquired Blue Star Insurance Group Inc., a local and regional ...
Marketing

U.S. Senate Federal Credit Union to Eliminate NSF and Overdraft Fees in Landmark Decision

In September 2022, the United States Senate Federal Credit Union (USSFCU) leadership and Board of Directors held a year-end strategic ...
Other

CUES Governance Leadership Institute™ I & II Explores Organizational-Level Issues, Emerging Tech for Board Members

Registration is now open for CUES Governance Leadership Institute I and CUES Governance Leadership Institute II: Emerging Technologies, held in ...
Making A Difference

Point Breeze Credit Union Announces $60,000 in Donations to Baltimore-Area Hospitals

Point Breeze Credit Union announced that it has donated $10,000 each to six local hospitals in the greater Baltimore region ...
Charity Events

Maine Credit Unions Reach New Fundraising Milestone in the Fight to End Hunger

At an event hosted by the Maine Credit Union League on Wednesday, Maine Credit Unions’ Campaign for Ending Hunger announced ...
Industry Analysis & Trends

Truliant Eliminates Non-Sufficient Funds Fee

Truliant Federal Credit Union announced today it will no longer charge a fee for rejecting transactions as unpaid, commonly referred ...
Technology

OCCU expedites member deposits

OCCU is committed to creating a positive member experience across all channels. That’s why OCCU leverages an innovative in-house program ...
Investments

GreenState Credit Union Issues First Credit Union Bond Supporting Social Objectives

GreenState issues $100 Million of Social Subordinated Notes in accordance with the GreenState Social Financing Framework, which allocates an amount ...
Making A Difference

Coastal Credit Union Returned $71.4 Million to Members in 2022

This morning, Coastal Credit Union issued nearly $4 million in special dividends to eligible members through its Loyalty Bonus program. ...
Other

Redwood Credit Union Opens New Branch in West Petaluma

Redwood Credit Union has opened its doors on a new, second Petaluma branch located at 1060 Petaluma Blvd. N.
Making A Difference

SECU Foundation Provides Grant to Non-Profit to Help Preserve Historic African American Community in Moore County

SECU Foundation has provided a $40,000 grant to Southern Pines Land and Housing Trust (the Trust), a non-profit established to ...
Marketing

Ezra Eckhardt Appointed To Co-op Solutions Board of Directors

Ezra Eckhardt, President/CEO of STCU of Spokane, Washington, has been appointed to the Board of Directors of Co-op Solutions by ...
Personnel Promotions

1st MidAmerica Credit Union Announces Marketing Leadership Promotions

1st MidAmerica Credit Union announced that Amber Scott has been named Chief Marketing Officer and Olivia Turner has been promoted ...
Operations & HR

Corporate Central Welcomes Greg Yoko as Business Development Executive

Good morning, Corporate Central is pleased to announce and welcome Greg Yoko as a Business Development Executive. In this role, ...
Strategic Partnerships

Akuvo Joins the Underground as a New Partner in 2023

Mitchell, Stankovic’s Underground initiative is all about thought leadership that drives home similar values and then asks the industry to ...
Operations & HR

InFirst Federal Credit Union Executive Leadership Changes

ALEXANDRIA, VA (02/22/2023) – InFirst Federal Credit Union (InFirst) announces changes to its Executive Leadership team. Please see the attached ...

Credit Unions Form CUSO to Access Prizeout’s Innovative Technology and Disrupt Traditional Banking Models

Nine credit unions nationwide have joined the Prizeout Partners CUSO to give their members access to more funds during the ...
Making A Difference

The Collective Power of a Dollar: SECU Foundation has a Long History of Supporting Economically Distressed Communities Across North Carolina

With one dollar a month, State Employees’ Credit Union’s (SECU’s) 2.7 million members are making a powerful impact in North ...
Marketing

Co-op Solutions’ New Strategic Provider Program Adds NYDIG

Co-op Solutions is partnering with NYDIG, the leading provider of digital asset solutions for the credit union industry, to empower ...
Personnel Promotions

OCCU hires two leaders

OCCU welcomes Genevieve Sumnall as VP of business services and has promoted Cheleana Stafflund to director of retail operations. Both ...
Industry Analysis & Trends

PSCU Named One of America’s Best Midsize Employers by Forbes

PSCU, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has been named ...
Personnel Promotions

UMassFive Announces Recent Management Promotions

UMassFive is excited to announce two recent management team promotions: Assistant Vice President of Information Technology, Melvin Olivo, and Information ...
Strategic Partnerships

APL FCU Lowers Delinquency Rate by 20% with Eltropy

As a result of APL Federal Credit Union’s Text Messaging platform from Eltropy, delinquency rates dropped by 20%, call volumes ...
Making A Difference

SECU Foundation Awards $500,000 Grant to Senior Services to Support Campus Expansion

SECU Foundation recently awarded a $500,000 grant to Senior Services, a Forsyth County non-profit offering programs that respond to the ...

Texas Trust Employees Graduate from Leadership Academy

Texas Trust Credit Union employees Silvia Avila and Travis Tedford have graduated from the Cornerstone League’s Leadership Academy (CLA).
Personnel Promotions

United Federal Credit Union Promotes Juan De Alba Villegas to Branch Manager at Carson City North Branch

United Federal Credit Union (United) has promoted Juan De Alba Villegas to the position of Branch Manager at its location ...
Making A Difference

1st MidAmerica Credit Union Recognized with Three State Awards

1st MidAmerica Credit Union was recently recognized with the first place Dora Maxwell Award for social responsibility, first place for ...
Industry Analysis & Trends

Baker Market Update – Week in Review: February 17, 2023

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

CHRISTIAN COMMUNITY CREDIT UNION DONATES $5,000 FOR EMERGENCY RELIEF IN TURKEY AND SYRIA

Christian Community Credit Union (CCCU) donated $5,000 to International Ministries (IM) emergency relief efforts for survivors of the recent earthquakes ...
Making A Difference

SECU Foundation Awards Scotland Family Counseling Center Grant to Benefit Expansion of Mental Health and Wellness Programs

SECU Foundation recently awarded Scotland Family Counseling Center a $40,000 grant to help enhance internal and external communications and extend ...
Strategic Partnerships

GTE Financial Announces Acquisition Of Local Insurance Group Serving Hispanic Community

GTE Financial, one of Tampa Bay’s leading financial institutions, has acquired Blue Star Insurance Group Inc., a local and regional ...
Marketing

U.S. Senate Federal Credit Union to Eliminate NSF and Overdraft Fees in Landmark Decision

In September 2022, the United States Senate Federal Credit Union (USSFCU) leadership and Board of Directors held a year-end strategic ...
Other

CUES Governance Leadership Institute™ I & II Explores Organizational-Level Issues, Emerging Tech for Board Members

Registration is now open for CUES Governance Leadership Institute I and CUES Governance Leadership Institute II: Emerging Technologies, held in ...
Making A Difference

Point Breeze Credit Union Announces $60,000 in Donations to Baltimore-Area Hospitals

Point Breeze Credit Union announced that it has donated $10,000 each to six local hospitals in the greater Baltimore region ...
Charity Events

Maine Credit Unions Reach New Fundraising Milestone in the Fight to End Hunger

At an event hosted by the Maine Credit Union League on Wednesday, Maine Credit Unions’ Campaign for Ending Hunger announced ...
Industry Analysis & Trends

Truliant Eliminates Non-Sufficient Funds Fee

Truliant Federal Credit Union announced today it will no longer charge a fee for rejecting transactions as unpaid, commonly referred ...
Technology

OCCU expedites member deposits

OCCU is committed to creating a positive member experience across all channels. That’s why OCCU leverages an innovative in-house program ...
Investments

GreenState Credit Union Issues First Credit Union Bond Supporting Social Objectives

GreenState issues $100 Million of Social Subordinated Notes in accordance with the GreenState Social Financing Framework, which allocates an amount ...
Making A Difference

Coastal Credit Union Returned $71.4 Million to Members in 2022

This morning, Coastal Credit Union issued nearly $4 million in special dividends to eligible members through its Loyalty Bonus program. ...
Other

Redwood Credit Union Opens New Branch in West Petaluma

Redwood Credit Union has opened its doors on a new, second Petaluma branch located at 1060 Petaluma Blvd. N.
Making A Difference

SECU Foundation Provides Grant to Non-Profit to Help Preserve Historic African American Community in Moore County

SECU Foundation has provided a $40,000 grant to Southern Pines Land and Housing Trust (the Trust), a non-profit established to ...
Marketing

Ezra Eckhardt Appointed To Co-op Solutions Board of Directors

Ezra Eckhardt, President/CEO of STCU of Spokane, Washington, has been appointed to the Board of Directors of Co-op Solutions by ...
Personnel Promotions

1st MidAmerica Credit Union Announces Marketing Leadership Promotions

1st MidAmerica Credit Union announced that Amber Scott has been named Chief Marketing Officer and Olivia Turner has been promoted ...
Operations & HR

Corporate Central Welcomes Greg Yoko as Business Development Executive

Good morning, Corporate Central is pleased to announce and welcome Greg Yoko as a Business Development Executive. In this role, ...
Strategic Partnerships

Akuvo Joins the Underground as a New Partner in 2023

Mitchell, Stankovic’s Underground initiative is all about thought leadership that drives home similar values and then asks the industry to ...

Baker Market Update – Week in Review: March 22, 2024

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

INOVA Federal Donates $7,969 To World Council of Credit Unions

INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit ...

PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents

PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture ...

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving ...

GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires

GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to ...

SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards

A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with ...
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