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

BCU NAMED TWO-TIME GALLUP® EXCEPTIONAL WORKPLACE AWARD WINNER

BCU is honored to have earned the 2024 Gallup Exceptional Workplace Award (GEWA) for the second consecutive year. This award recognizes the most engaged workplace cultures in the world. Unwavering in its Purpose of Empowering People to Discover Financial Freedom, the Credit Union keeps members and employees at the forefront of every decision it makes.

GTE Financial Introduces New Community Empowerment Mortgage Program For Under-Resourced Communities In Tampa Bay

GTE Financial is proud to introduce the Community Empowerment Mortgage, a new dedicated Special Purpose Credit Program (SPCP) designed to extend mortgage financing opportunities in under- resourced communities looking to purchase a home. This initiative, focusing on the Tampa Bay, Orlando, and Lakeland metropolitan areas, represents the credit union’s commitment to promoting equitable homeownership.

eDOC Partnership Signs Three SoCal Shared Resource Credit Unions!

eDOC with its network partner, CU*Answers, signed three Southern California credit unions to eDOC’s advanced Mobile Digital Transaction Management software (mDTM). Calcom FCU, Nikkei CU and Mattel FCU are all under the unique Shared Resource Solutions (SRS) management system designed to reduce management cost by co-sharing leadership resources.

SchoolsFirst Federal Credit Union Receives Two Awards from America’s Credit Union’s Marketing & Business Development Council

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, was honored with two Diamond Awards from the Marketing & Business Development Council of America’s Credit Unions in the prestigious annual marketing competition recognizing the best marketing campaigns in the credit union industry during 2023.

Corporate Central Promotes Stephanie Schmidt to Vice President Member Services

Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice President Member Services. In her new capacity, Schmidt will be responsible for orchestrating strategies to optimize member satisfaction, overseeing the implementation of personalized services, and fostering innovative solutions to meet evolving member needs and preferences.

Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch

Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), is pleased to announce the 2024 UW FinTech Pitch. This is the fourth year the two have joined forces to foster innovation through financial technology (FinTech) while engaging with University of Washington students looking to

Educational Federal Credit Union Selects John Sapp as Executive Vice President

Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as the credit union’s new Executive Vice President (EVP). This position will place Sapp in a critical role overseeing various functions, including retail delivery, finance, lending, marketing, information technology, and operations. Sapp will be a key

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 card program. When INOVA members use their Global Good Visa card, INOVA donates a portion of the income generated to WOCCU, helping to fund the expansion of affordable financial services

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 community bank and credit union loan servicing and collections MILPITAS, Calif. – March 20, 2024 – Eltropy, the leading AI-powered unified conversations platform for community financial institutions, will showcase its

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 Assistant Vice President of Business Banking Operations and Title, Chris Grunsten to Assistant Vice President of Fraud Operations and Risk Analytics and the hiring of Jamie Miranda to Vice President

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 awards totaling $640,000. The Foundation’s Mission Development Grant Program, which began seven years ago, has been filling unmet financial needs for North Carolina non-profits seeking to strengthen their long-term growth

CUAC Funds $3.1 Billion in Quality Performing Loans in 2023

Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in funded loans in 2023. This is an impressive accomplishment considering credit unions are facing difficult times due to challenging economic conditions, diminished , soaring vehicle prices dampening consumer demand, and the implementation costs associated with

First Florida Live on Both New Rails

Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ 800.766.4328 Ext.1241▪ mtroha@firstflorida.org Jayda Stallings ▪ Pidgin ▪ 770.337.8351 ▪ Jayda.stallings@pidgin.net Irondale, AL ▪ March 21, 2024 – First Florida Credit Union, headquartered in Jacksonville, FL, is the first credit union to go live on

Where Are You Going? – A Message From Tony Streeter

Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as he dives into marketing strategy, innovation, and transformation within the credit unions industry.

CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS

The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle Network Hospitals in California and Nevada at their 19th annual event on March 15, 2024. A total of more than 500 attendees, made up of 64 credit unions, business partners, and hospitals, gathered to support

TopLine Credit Union Foundation Awards $30,500 In Scholarships

TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. Additionally, the foundation awarded $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI). TopLine Credit Union Foundation received over 175

Industry Analysis & Trends

BCU NAMED TWO-TIME GALLUP® EXCEPTIONAL WORKPLACE AWARD WINNER

BCU is honored to have earned the 2024 Gallup Exceptional Workplace Award (GEWA) for the second consecutive year. This award ...
New Product Releases

GTE Financial Introduces New Community Empowerment Mortgage Program For Under-Resourced Communities In Tampa Bay

GTE Financial is proud to introduce the Community Empowerment Mortgage, a new dedicated Special Purpose Credit Program (SPCP) designed to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: March 28, 2024

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

eDOC Partnership Signs Three SoCal Shared Resource Credit Unions!

eDOC with its network partner, CU*Answers, signed three Southern California credit unions to eDOC’s advanced Mobile Digital Transaction Management software ...
Marketing

SchoolsFirst Federal Credit Union Receives Two Awards from America’s Credit Union’s Marketing & Business Development Council

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, was ...
Making A Difference

Indiana Members Credit Union Contributes $10,000 to Project 44 for Cancer Awareness Card

On behalf of Indiana Members Credit Union members, IMCU recently presented a check for $10,000 to Project 44 as part ...
Making A Difference

The Minnesota Credit Union Foundation Scholarship Council Awarded TopLine Financial Credit Union Members With Scholarships

TopLine Financial Credit Union is proud to announce three members have received a $1,000 scholarship from the Minnesota Credit Union ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Grand Rapids, Michigan

United Federal Credit Union (United) is pleased to announce the appointment of Jeff Guion to Mortgage Advisor in Grand Rapids. ...
Personnel Promotions

Corporate Central Promotes Stephanie Schmidt to Vice President Member Services

Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice ...
Other

Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch

Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), ...
Strategic Partnerships

GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union

Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, ...
Personnel Promotions

Educational Federal Credit Union Selects John Sapp as Executive Vice President

Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as ...
Industry Analysis & Trends

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 ...
Making A Difference

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 ...
Personnel Promotions

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 ...
Industry Analysis & Trends

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 ...
Personnel Promotions

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 ...
Making A Difference

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 ...
Marketing

U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY!

The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top ...
Lending

CUAC Funds $3.1 Billion in Quality Performing Loans in 2023

Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in ...
Making A Difference

Centra Credit Union Announces New Financial Empowerment Line of Business

Hello, Please see attached the press release announcing Centra Credit Union’s new financial empowerment line of business named Onward. If ...
Operations & HR

First Florida Live on Both New Rails

Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ ...
Making A Difference

Indiana Members Credit Union Contributes $1,000 to George Washington High School

Indiana Members Credit Union presented a check for $1,000 to George Washington High School as part of an ongoing school ...
Marketing

Where Are You Going? – A Message From Tony Streeter

Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as ...
Charity Events

CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS

The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle ...
Personnel Promotions

Gulf Winds Selects Lynn Crear as Director in Training

Gulf Winds Credit Union is pleased to announce the selection of Lynn Crear as the newest Director in Training for ...
Personnel Promotions

Gulf Winds Credit Union Welcomes Ricardo Loya Urena as Vice President of Technology Operations

Gulf Winds Credit Union is pleased to welcome Ricardo Loya Urena to the team as the new Vice President of ...
Making A Difference

TopLine Credit Union Foundation Awards $30,500 In Scholarships

TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. ...
Making A Difference

CORRECTION to names in photo caption – SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation has awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, ...
Other

LGE Community Credit Union recognized with MemberXP 2024 Best of the Best Award for Best Transaction Experience, Best Online Banking Experience

LGE Community Credit Union was recently recognized as a recipient of the 2024 Best of the Best Award, a prestigious ...
Industry Analysis & Trends

BCU NAMED TWO-TIME GALLUP® EXCEPTIONAL WORKPLACE AWARD WINNER

BCU is honored to have earned the 2024 Gallup Exceptional Workplace Award (GEWA) for the second consecutive year. This award ...
New Product Releases

GTE Financial Introduces New Community Empowerment Mortgage Program For Under-Resourced Communities In Tampa Bay

GTE Financial is proud to introduce the Community Empowerment Mortgage, a new dedicated Special Purpose Credit Program (SPCP) designed to ...
Industry Analysis & Trends

Baker Market Update – Week in Review: March 28, 2024

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

eDOC Partnership Signs Three SoCal Shared Resource Credit Unions!

eDOC with its network partner, CU*Answers, signed three Southern California credit unions to eDOC’s advanced Mobile Digital Transaction Management software ...
Marketing

SchoolsFirst Federal Credit Union Receives Two Awards from America’s Credit Union’s Marketing & Business Development Council

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, was ...
Making A Difference

Indiana Members Credit Union Contributes $10,000 to Project 44 for Cancer Awareness Card

On behalf of Indiana Members Credit Union members, IMCU recently presented a check for $10,000 to Project 44 as part ...
Making A Difference

The Minnesota Credit Union Foundation Scholarship Council Awarded TopLine Financial Credit Union Members With Scholarships

TopLine Financial Credit Union is proud to announce three members have received a $1,000 scholarship from the Minnesota Credit Union ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Grand Rapids, Michigan

United Federal Credit Union (United) is pleased to announce the appointment of Jeff Guion to Mortgage Advisor in Grand Rapids. ...
Personnel Promotions

Corporate Central Promotes Stephanie Schmidt to Vice President Member Services

Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice ...
Other

Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch

Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), ...
Strategic Partnerships

GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union

Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, ...
Personnel Promotions

Educational Federal Credit Union Selects John Sapp as Executive Vice President

Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as ...
Industry Analysis & Trends

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 ...
Making A Difference

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 ...
Personnel Promotions

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 ...
Industry Analysis & Trends

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 ...
Personnel Promotions

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 ...
Making A Difference

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 ...
Marketing

U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY!

The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top ...
Lending

CUAC Funds $3.1 Billion in Quality Performing Loans in 2023

Houston, TX – March 21, 2024 – Credit Union Acceptance Company (CUAC, a CU Alliance Company), announced $3.1 Billion in ...
Making A Difference

Centra Credit Union Announces New Financial Empowerment Line of Business

Hello, Please see attached the press release announcing Centra Credit Union’s new financial empowerment line of business named Onward. If ...
Operations & HR

First Florida Live on Both New Rails

Contact: Ashley Daniels ▪ Corporate America Credit Union ▪ 205.441.2589 ▪ adaniels@corpam.org Michelle Troha ▪ First Florida Credit Union ▪ ...
Making A Difference

Indiana Members Credit Union Contributes $1,000 to George Washington High School

Indiana Members Credit Union presented a check for $1,000 to George Washington High School as part of an ongoing school ...
Marketing

Where Are You Going? – A Message From Tony Streeter

Read the most recent release from Tony Streeter the former SVP of Marketing for the SWBC Finacial Institution Group as ...
Charity Events

CREDIT UNIONS FOR KIDS WINE AUCTION CONTINUES RECORD-BREAKING SUPPORT WITH $1.85 MILLION RAISED FOR CHILDREN’S MIRACLE NETWORK HOSPITALS

The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle ...
Personnel Promotions

Gulf Winds Selects Lynn Crear as Director in Training

Gulf Winds Credit Union is pleased to announce the selection of Lynn Crear as the newest Director in Training for ...
Personnel Promotions

Gulf Winds Credit Union Welcomes Ricardo Loya Urena as Vice President of Technology Operations

Gulf Winds Credit Union is pleased to welcome Ricardo Loya Urena to the team as the new Vice President of ...
Making A Difference

TopLine Credit Union Foundation Awards $30,500 In Scholarships

TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their post-secondary education. ...
Making A Difference

CORRECTION to names in photo caption – SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation has awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, ...
Other

LGE Community Credit Union recognized with MemberXP 2024 Best of the Best Award for Best Transaction Experience, Best Online Banking Experience

LGE Community Credit Union was recently recognized as a recipient of the 2024 Best of the Best Award, a prestigious ...

Meriwest Credit Union Partners with Enable Technologies Inc. to launch Meriwest Business Express program

Meriwest Credit Union, in partnership with Enable Technologies Inc., has launched digital small business lending products under the brand name of Meriwest Business Express. Meriwest ...

Baker Market Update – Week in Review: July 18, 2025

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

Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Sixteen Students

The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce sixteen recipients of the Credit Union Scholarship Program, totaling ...

SchoolsFirst Federal Credit Union Supports Children’s Hospital Los Angeles Through Event Participation and In-Branch Fundraising Activities

SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, helped raise awareness for Children’s Hospital ...

Meriwest Credit Union Partners with Insuritas to Launch Full-Service Insurance Agency

San Jose based Meriwest Credit Union, is proud to announce a strategic partnership with Insuritas to launch Meriwest Insurance Services, a fully integrated insurance agency. ...

Six Credit Unions from Across the U.S. Partner with myCUmortgage

myCUmortgage’s new partner credit unions to receive comprehensive mortgage services to benefit a combined 37,500 members
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