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

CreditUnions.com Announces 2024 Innovation Series Winners

After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava Fraud: Illuma Lending: Open Lending Member Experience- AI Edition: Glia Payments: Alloya Corporate FCU

United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion

The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) to its headquarters for a dynamic and insightful strategic roundtable discussion. Led by USSFCU President & CEO Timothy Anderson and featuring key executives from both organizations, the gathering facilitated a robust exchange

CU Alliance Announces Expanded Partnership with Las Colinas FCU to Offer CU Certified™ Vehicle Service Contracts

Houston, TX | March 11, 2024 – CU Alliance® (CUA), a leading Credit Union Service Organization (CUSO) based in Houston, is excited to announce the expansion of its partnership with Las Colinas Federal Credit Union (LCFCU). Building upon the successful collaboration initiated in December 2023 within the CUSO’s Mortgage Program, this significant development highlights both

United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members

United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was invited to attend a meeting with Federal Reserve Board Vice Chair, Philip Jefferson, with other credit union leaders to discuss pivotal matters impacting the credit union sector. Delving into the strategy of rate changes slated for 2024 and the broader economic landscape,

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the results of a nationwide survey of more than 1,000 Americans about consumer expectations and preferences in financial services. The survey revealed that 40% of Americans anticipate challenges making regular, monthly payments in 2024, with

SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and children in North Carolina. The Foundation’s grant will help fund a capital campaign project to meet the current and future needs of their residential programs.

Connect FSS Selects Vertifi Software for FedNow Instant Payments Solution

Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly owned CUSO of EasCorp, to implement the systems and technology required for Connect’s instant payments solution for the FedNow® Service.

Prizeout partners with credit unions to launch CashBack+

Prizeout, the advertising and financial technology company that helps put money back into people’s pockets, has launched CashBack+, a white label solution for credit unions and their members. CashBack+ is a suite of products that lets credit union members earn instant cash back while they shop and lets credit unions grow their non-interest income by

New Hire Press Release from The Baker Group

We are excited to announce the hiring of Jeff Varner to lead our loan trading team and bolster Baker Loan Solutions. Jeff’s extensive knowledge and expertise will immediately increase the capabilities and reach of our loan group. On top of whole loan trading and loan participations, Jeff also specializes in partnering strategically with the growing

ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023

Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023. In addition, the division added 40 new credit union enrollments, broadening its services to encompass underwriting across multiple systems, direct lending, and retail financing support. Services beyond the division’s traditional indirect

Member Home Loan Welcomes River City FCU to Expand Mortgage Offerings

Houston, TX | March 6, 2024. Member Home Loan® (MHL), a leading mortgage service provider and subsidiary of CU Alliance, is thrilled to announce its partnership with River City Federal Credit Union, a cornerstone of financial support for the San Antonio community since 1936.

Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise

Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. This strategic move allows the corporate credit union to dedicate an expert executive to educate, train, and give back to the movement by teaching and instructing on everything related to balance sheet management and risk

Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management

QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as the new CUSO President. This comes following a recent announcement by previous President, Kevin P. Chiappetta, CFA, to take on a new, exciting role as Senior Vice President/Chief Education & Research Officer with Corporate Central

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc OS customers can get trial access to accurate, inclusive AI underwriting for their auto portfolios. Experiencing the benefits firsthand, in a seamless way through their arc OS platform will give

Cambio Launches New CUSO, AviaryAI

Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the financial industry’s first outbound AI sales team. Backed by industry leaders, Envisant and Encurage Financial Network, AviaryAI brings decades of combined data, AI, and credit union experience to revolutionize member service.

United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials

As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the United Nations Federal Credit Union (UNFCU), a credit union founded by UN staff, has joined its industry-led initiative. UNFCU’s commitment to PCAF reinforces the importance of international collaboration as the global economy continues its transition

INOVA Federal Raises over $4,500 for Special Olympics Indiana

Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics Indiana is a nonprofit organization that is a part of the global Special Olympics movement, using sport, health, education, and leadership programs every day around the world to end discrimination against and empower people with

Industry Analysis & Trends

CreditUnions.com Announces 2024 Innovation Series Winners

After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava ...
Strategic Partnerships

United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion

The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & ...
Strategic Partnerships

CU Alliance Announces Expanded Partnership with Las Colinas FCU to Offer CU Certified™ Vehicle Service Contracts

Houston, TX | March 11, 2024 – CU Alliance® (CUA), a leading Credit Union Service Organization (CUSO) based in Houston, ...
Personnel Promotions

Jason Endsley Joins Greater Texas to Oversee, Expand Payment Services

Greater Texas Credit Union has added seasoned payments professional Jason Endsley to its management team as Vice President, Payments Strategy ...
Lending

Centra Credit Union welcomes Jessica Cecil as new VP Commercial Relationship Manager

Hello, Please see the attached press release announcing Jessica Cecil as Centra’s new VP Commercial Relationship Manager, serving Centra’s southern ...
Strategic Partnerships

United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members

United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was invited to attend a meeting with Federal ...
Industry Analysis & Trends

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced ...
Making A Difference

SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and ...
Making A Difference

Indiana Members Credit Union Contributes $498 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $498 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Technology

Connect FSS Selects Vertifi Software for FedNow Instant Payments Solution

Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly ...
New Product Releases

Prizeout partners with credit unions to launch CashBack+

Prizeout, the advertising and financial technology company that helps put money back into people’s pockets, has launched CashBack+, a white ...
Personnel Promotions

United Federal Credit Union Names Jennifer Strefling Director of Internal Audit

United Federal Credit Union (United) has appointed Jennifer Strefling as Director of Internal Audit at its corporate headquarters in St. ...
Other

PSCU/Co-op Solutions Finalize Agenda and Events for Member Forum 2024

PSCU/Co-op Solutions has announced the final keynote speaker and panel participants for Member Forum 2024.
Personnel Promotions

New Hire Press Release from The Baker Group

We are excited to announce the hiring of Jeff Varner to lead our loan trading team and bolster Baker Loan ...
Strategic Partnerships

25 Sharetec CUs Signed on to SavvyMoney in 2023

Sharetec, a leading innovator in core processing software, signed 25 credit union partners to SavvyMoney in 2023.
Lending

ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023

Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than ...
Strategic Partnerships

Member Home Loan Welcomes River City FCU to Expand Mortgage Offerings

Houston, TX | March 6, 2024. Member Home Loan® (MHL), a leading mortgage service provider and subsidiary of CU Alliance, ...
Charity Events

At TruChoice Federal Credit Union, donating to local charities is as easy as swiping your credit card

TruChoice members choose to be a ‘TruHero’ every time they use their TruHero credit card. A portion of the interchange ...
Personnel Promotions

Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise

Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. ...
Personnel Promotions

Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management

QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as ...
Industry Analysis & Trends

Baker Market Update – Week in Review: March 1, 2024

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

Blue Federal Credit Union’s Merger with Aventa Credit Union Is Official

Aventa Credit Union, based in Colorado Springs, has fully merged with Blue Federal Credit Union, based in Cheyenne Wyoming. The ...
Personnel Promotions

OCCU announces three new leaders

OCCU has added three new members to its leadership team: Courtney Cook, Justin Lu and Tim Strinz.
Making A Difference

Indiana Members Credit Union Announces New Lawrence Central High School Debit Card

Indiana Members Credit Union announces it has partnered with Lawrence Central High School to offer a Lawrence Central Bears themed ...
Technology

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced ...
Technology

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced ...
Technology

Cambio Launches New CUSO, AviaryAI

Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the ...
Strategic Partnerships

United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials

As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the ...
Making A Difference

LGE Community Credit Union announces 2024 scholarship program for high school seniors

LGE Community Credit Union is accepting applications for its 2024 scholarship program through March 29, 2024. The annual scholarship program ...
Charity Events

INOVA Federal Raises over $4,500 for Special Olympics Indiana

Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics ...
Industry Analysis & Trends

CreditUnions.com Announces 2024 Innovation Series Winners

After weeks of online showcases, CreditUnions.com is proud to announce the winners of the 2024 Innovation series. Member Analytics: Datava ...
Strategic Partnerships

United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion

The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & ...
Strategic Partnerships

CU Alliance Announces Expanded Partnership with Las Colinas FCU to Offer CU Certified™ Vehicle Service Contracts

Houston, TX | March 11, 2024 – CU Alliance® (CUA), a leading Credit Union Service Organization (CUSO) based in Houston, ...
Personnel Promotions

Jason Endsley Joins Greater Texas to Oversee, Expand Payment Services

Greater Texas Credit Union has added seasoned payments professional Jason Endsley to its management team as Vice President, Payments Strategy ...
Lending

Centra Credit Union welcomes Jessica Cecil as new VP Commercial Relationship Manager

Hello, Please see the attached press release announcing Jessica Cecil as Centra’s new VP Commercial Relationship Manager, serving Centra’s southern ...
Strategic Partnerships

United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members

United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was invited to attend a meeting with Federal ...
Industry Analysis & Trends

40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced ...
Making A Difference

SECU Foundation Awards Crittenton $600,000 Grant for Capital Campaign Project

SECU Foundation awarded a $600,000 challenge grant to Crittenton, a Mecklenburg County non-profit dedicated to serving vulnerable women, families, and ...
Making A Difference

Indiana Members Credit Union Contributes $498 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $498 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Technology

Connect FSS Selects Vertifi Software for FedNow Instant Payments Solution

Connect FSS, the US-based Software as a Service technology and digital banking provider, has selected Vertifi Software, LLC, a wholly ...
New Product Releases

Prizeout partners with credit unions to launch CashBack+

Prizeout, the advertising and financial technology company that helps put money back into people’s pockets, has launched CashBack+, a white ...
Personnel Promotions

United Federal Credit Union Names Jennifer Strefling Director of Internal Audit

United Federal Credit Union (United) has appointed Jennifer Strefling as Director of Internal Audit at its corporate headquarters in St. ...
Other

PSCU/Co-op Solutions Finalize Agenda and Events for Member Forum 2024

PSCU/Co-op Solutions has announced the final keynote speaker and panel participants for Member Forum 2024.
Personnel Promotions

New Hire Press Release from The Baker Group

We are excited to announce the hiring of Jeff Varner to lead our loan trading team and bolster Baker Loan ...
Strategic Partnerships

25 Sharetec CUs Signed on to SavvyMoney in 2023

Sharetec, a leading innovator in core processing software, signed 25 credit union partners to SavvyMoney in 2023.
Lending

ORIGENCE LENDING SERVICES FUNDS $6.38 BILLION IN CREDIT UNION LOANS FOR 400,000 MEMBERS IN 2023

Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than ...
Strategic Partnerships

Member Home Loan Welcomes River City FCU to Expand Mortgage Offerings

Houston, TX | March 6, 2024. Member Home Loan® (MHL), a leading mortgage service provider and subsidiary of CU Alliance, ...
Charity Events

At TruChoice Federal Credit Union, donating to local charities is as easy as swiping your credit card

TruChoice members choose to be a ‘TruHero’ every time they use their TruHero credit card. A portion of the interchange ...
Personnel Promotions

Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise

Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. ...
Personnel Promotions

Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management

QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as ...
Industry Analysis & Trends

Baker Market Update – Week in Review: March 1, 2024

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

Blue Federal Credit Union’s Merger with Aventa Credit Union Is Official

Aventa Credit Union, based in Colorado Springs, has fully merged with Blue Federal Credit Union, based in Cheyenne Wyoming. The ...
Personnel Promotions

OCCU announces three new leaders

OCCU has added three new members to its leadership team: Courtney Cook, Justin Lu and Tim Strinz.
Making A Difference

Indiana Members Credit Union Announces New Lawrence Central High School Debit Card

Indiana Members Credit Union announces it has partnered with Lawrence Central High School to offer a Lawrence Central Bears themed ...
Technology

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced ...
Technology

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced ...
Technology

Cambio Launches New CUSO, AviaryAI

Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the ...
Strategic Partnerships

United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials

As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the ...
Making A Difference

LGE Community Credit Union announces 2024 scholarship program for high school seniors

LGE Community Credit Union is accepting applications for its 2024 scholarship program through March 29, 2024. The annual scholarship program ...
Charity Events

INOVA Federal Raises over $4,500 for Special Olympics Indiana

Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics ...

CEFCU Selects Student Choice for Private Student Loan Solutions

CU Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that it will soon be delivering private student loan ...

EECU and Madera County Superintendent of Schools Celebrate New ATM with Ribbon-Cutting Ceremony

FRESNO, Calif. (June 25, 2025) — Educational Employees Credit Union (EECU) and the Madera County Superintendent of Schools (MCSOS) celebrated the opening of a new ...

Cleveland Monsters Unveil Jersey Patch with Century FCU

CLEVELAND – The Cleveland Monsters are proud to announce Century Federal Credit Union has become the Official Credit Union and jersey patch partner of the ...

42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center—Bringing Total Donated to Helping Children in Need to Over $1.1 Million

Hosted by the TowerCares Foundation, Tower Classic raised the highest amount in the event’s 42-year history, with all proceeds going to help critically ill children ...

Credit Unions Sound the Alarm on Student Loan Procrastination — Urge Families to Lock in Flexible Line of Credit Before Fall Deadlines

CU Student Choice, a leading provider of education financing solutions, is renewing its nationwide outreach campaign to help students and families avoid last-minute borrowing pitfalls ...

SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation 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 Team ...
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