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 Pledges $85,000 for Hurricane Helene Relief Efforts in Western North Carolina By United Federal Credit Union
Following the devastation in western North Carolina after Hurricane Helene, United Federal Credit Union (United) has pledged $85,000 to three organizations to help impacted members, employees, and the community at large.
CUES CELEBRATES EXCELLENCE: ANNOUNCING 2024 AWARD WINNERS AND HALL OF FAME INDUCTEE By CUES
MADISON, WI – October 8, 2024 – CUES is proud to unveil this year’s roster of CUES Award winners, celebrating one exceptional credit union and a select group of visionary industry leaders.
Truliant #1 in SBA Origination Loans Among All Credit Unions By Truliant Federal Credit Union
According to the Small Business Administration (SBA) Lender Report, Truliant Federal Credit Union is now the #1 originator in the nation of SBA loans for credit unions. Among all SBA lending institutions, Truliant stands at #55 with $104 million in SBA 7(a) approved loans for the 2024 fiscal year, which ended in September.
Chartway and Chartway Promise Foundation Bring Hope to Seven Promise Heroes During Childhood Cancer Awareness Month By Chartway Federal Credit Union
Chartway Credit Union and its charitable arm, the Chartway Promise Foundation, wrapped up a month of foundation-hosted fundraisers and credit union events for Childhood Cancer Awareness Month with their 25th annual “Swings for Smiles” golf tournament and annual “Night for Hope” fundraiser. Thanks to member and community support throughout September, the foundation superseded its $250,000
FOR IMMEDIATE RELEASE LOYALTY CREDIT UNION NAMES PARK BROOME AS NEW PRESIDENT AND CEO By Humanidei
PENSACOLA, FLORIDA, – The Board of Directors of LOYALTY Credit Union proudly announces the appointment of Park Broome as its new President and Chief Executive Officer, effective July 15, 2024. Park most recently served as LOYALTY’S Chief Strategy Officer following the merger of Central Credit Union of Florida and Tallahassee-Leon Federal Credit Union. Prior to
Synergent and Partner Credit Unions Honored with Five MAC Award Wins By Synergent
Synergent has received five Marketing Association of Credit Unions (MAC) Awards for creative marketing campaigns. These efforts were developed in partnership with the following credit unions: Bayer Heritage FCU, Capital Area FCU, Casco FCU, Homefield CU, and PeoplesChoice CU.
Day Air Hosts Record-Breaking College Prep Night By Day Air Credit Union
Day Air Credit Union is proud to announce the success of its largest College Prep Night yet, held recently for aspiring college students and their families at Day Air Ballpark. The event welcomed over 2,000 students and their families, providing an invaluable opportunity to meet with representatives from more than 70 colleges and universities across
SECU Foundation Donates $3.75 Million in Disaster Relief to Aid Western North Carolina Communities By State Employees’ Credit Union
In response to the catastrophic flooding, landslides, and widespread destruction in Western North Carolina from Hurricane Helene, the SECU Foundation Board of Directors approved a $3.75 million disaster relief package to assist communities affected.
Alogent and DXC Technology Announce Strategic Collaboration to Enhance Deposit Automation and Back-Office Processing By Alogent
Alogent, a global software innovator in the banking and financial services market, and DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, announced a strategic collaboration to streamline and automate deposit processing end to end for financial institutions. Building on successes in the UK banking market, this expanded collaboration pairs Alogent’s item
BCU NAMED ONE OF 10 MOST RESPECTED CREDIT UNIONS IN ILLINOIS FOR 2024 BY CARDRATES By BCU
BCU is proud to announce that it has been recognized as one of the 10 Most Respected Credit Unions in Illinois and received the top spot by being named #1 Illinois Credit Union for Mortgages in 2024 by CardRates.com, a leading financial news platform. This prestigious honor highlights BCU’s commitment to service excellence and comprehensive
SchoolsFirst Federal Credit Union Ranks Among ‘Best Credit Unions’ in Style Magazine Readers’ Choice Awards By SchoolsFirst Federal Credit Union
SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has been recognized as one of the best credit unions in each of three geographic regions by readers of Style Magazine in the publication’s 2024 Readers’ Choice Awards, celebrating the best local businesses and services as voted by its readers. Style
Truliant Foundation Contributes More Than $50,000 to Hurricane Helene Relief Efforts By Truliant Federal Credit Union
Truliant Federal Credit Union and the Truliant Foundation today announced several relief efforts following Hurricane Helene’s devastation.
Amanda Yates Tapped as AVP Payment Growth & Product Management at Greater Texas Credit Union By Greater Texas Federal Credit Union
Greater Texas Credit Union is further strengthening its payments team to capitalize on the growing dominance of payments as the consumer choice for everyday spending and moving money, adding Amanda Yates to its payment team.
GTE Financial Celebrates the Return of Blue Star Insurance LLC. to Town N’ Country, Expanding Comprehensive Insurance Solutions in Tampa Bay By GTE Financial Federal Credit Union
GTE Financial, one of Tampa Bay’s leading financial institutions, is proud to celebrate the reopening of Blue Star Insurance LLC. at their original Town N’ Country location. This milestone marks a significant expansion in GTE Financial’s offerings following the acquisition of Blue Star Insurance Group Inc. in January 2023. Blue Star is dedicated to providing
Riverfront Federal Credit Union Launches Eighth Annual Awareness Makes Cents Campaign
Wyomissing, PA (October 2, 2024) – On October 1st, Riverfront Federal Credit Union (Riverfront) in Wyomissing, Pa., launched its eighth annual Awareness Makes Cents campaign to direct attention to breast cancer awareness and the importance of early detection. The main event is a free mammography screening in partnership with the Lackawanna Mobile X-ray unit at
ACUMA Selects The Bollinger Foundation as Charitable Partner By American Credit Union Mortgage Association (ACUMA)
ACUMA has selected The Bollinger Foundation as its Charitable Partner, announced by ACUMA President Peter Benjamin during the 2024 Annual Conference. The Bollinger Foundation, founded in 1989, supports the education and well-being of children who have lost a parent. ACUMA Chair Amy Moser highlighted the alignment between the Foundation’s values of compassion, empowerment, and community
Previewing the NASCUS State System Summit in Colorado Springs By NASCUS
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 the Broadmoor in Colorado Springs, CO. This premier event offers a distinctive opportunity for state regulators and credit union system stakeholders to engage over a multi-day platform.
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION LEVERAGES ORIGENCE’S PLATFORMS TO STREAMLINE PROCESSES AND SUPPORT GROWTH INITIATIVES By Origence
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 financial services as it continues to expand. This strategic collaboration aims to leverage Origence’s arc OS and arc DX platforms for both loans and account opening. The platform will enable
ACUMA Welcomes New Board Member; Slate of Officers Approved By American Credit Union Mortgage Association (ACUMA)
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 Directors. Webb, who has significantly grown his credit union’s mortgage portfolio since 2019, expressed pride in joining ACUMA’s leadership. Additionally, Vince Salinas of Patelco Credit Union has been named Board
Advia Credit Union Grows Stronger in Illinois with Completed Purchase of NorthSide Community Bank By Advia Credit Union
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, 2024. This collaboration marks a new chapter in Advia’s growth, bringing additional opportunities to members in northeastern Illinois.
GTE Financial Triumphs with Bronze Marketing Association of Credit Unions Award for Culture/Internal Branding for Compliance Week By GTE Financial Federal Credit Union
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 Culture/Internal Branding. This recognition came during the annual MAC Awards, celebrating innovative marketing achievements within the credit union industry.
Maine Credit Unions Launch Challenge to Fight Hunger By Maine Credit Union League
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 month of October, Maine Credit Unions’ Campaign for Ending Hunger will be working to raise $100,000 to provide access to nutritious meals for those in need.
Corporate Central Welcomes Raghu Gandhe as Data and Analytics Architect By Corporate Central Credit Union
Corporate Central is pleased to announce the addition of Raghu Gandhe as Data and Analytics Architect. In this critical role, Gandhe will be responsible for designing, developing, and operating scalable, reliable, resilient, cost-efficient, and secure data and analytic solutions for Corporate Central’s SaaS applications and fintech innovation.
myCUmortgage and FedComp Announce Strategic Partnership to Deliver Credit Union Mortgage Services By myCUmortgage
Partnership enables FedComp core system users to launch and expand mortgage services through myCUmortgage for their members
Teachers Federal Credit Union Sets Goal to Raise $150,000 for the American Cancer Society Making Strides Against Breast Cancer By Teachers Federal Credit Union
HAUPPAUGE, N.Y. (October 1, 2024) – Teachers Federal Credit Union, one of the largest credit unions in the United States with more than $9.8 billion in assets and over 460,000 members nationwide, is proud to return for its third year as the Presenting Sponsor of American Cancer Society Making Strides Against Breast Cancer Long Island.
Valley First Credit Union Earns Prestigious Juntos Avanzamos Designation By Valley First Credit Union
MODESTO, Calif. (Oct 1, 2024) – Valley First Credit Union is proud to announce that it has obtained the distinguished Juntos Avanzamos designation. This designation underscores the credit union’s commitment to empowering Hispanic/Latinx and immigrant consumers through dedicated financial services and community support.
81 CDFI CU Grants Push CU Strategic Planning Clients’ Total to Over $1 Billion By CU Strategic Planning
When the Community Development Financial Institutions (CDFI) Fund announced its combined FY 2023 and 2024 Financial Assistance (FA) Awards and Native American CDFI Assistance (NACA) Awards today, 81 credit unions working with the CU Strategic Planning were awarded more than $72 million. This accounts for 60% of FA awards granted to credit unions in this
Jeanne D’Arc Credit Union Partners With Arkatechture to Improve Member Experience Through Data By Arkatechture
With Arkatechture’s help, Jeanne D’Arc Credit Union is maximizing the use of their data in order to improve the member experience through personalized service
Day Air Host Member Appreciation Event at Day Air Ballpark By Day Air Credit Union
Day Air Credit Union proudly hosted a unique Member Appreciation Event on Sunday, September 22nd, at Day Air Ballpark. More than 2,000 members gathered to enjoy a day filled with entertainment, family fun, and exclusive opportunities to connect with the organization’s leadership.
Habitat for Humanity works with Local Credit Unions to Build Fifth House that Credit Unions Built By Greater Texas Federal Credit Union
Greater Texas Credit Union is one of four CUs that has been collaborating with the Austin Habitat for Humanity to build affordable housing in the city.