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

Oregon State Credit Union names Derrick Peterson as Chief Financial Officer

Derrick Peterson has joined the team at Oregon State Credit Union as Executive Vice President/Chief Financial Officer. As Chief Financial Officer Peterson will lead, organize, plan and control the Financial Operations Division and Payment Systems at Oregon State Credit Union, which will include preparing the credit union budget, leading the development of the credit union’s

BECU Welcomes Rick Eiel as Chief Data and Analytics Officer

BECU, the country’s fourth largest credit union, today announced it has welcomed Rick Eiel as executive vice president and its first chief data and analytics officer.

Truliant Plans Rapid Growth In S.C. Upstate With More Than 10 Locations

Truliant Federal Credit Union announced plans for four new branch locations in Upstate South Carolina in the next three years, with a goal of more than ten locations when its rapid regional expansion is complete.

7 trends making waves for community financial institutions in 2023

Recession. Widespread staffing shortages. Increasing fraud. Customer demands — and advancements in technology like we’ve never seen. Which trends will affect credit unions and community banks (CFIs) the most in 2023? Are you asking the right questions? Such as: – Will the threat of fraud ever go away? – Can my call center really become

Collections Should See Significant Bump with Texting from Eltropy-AKUVO Partnership

Eltropy, the leading digital communications platform for community financial institutions (CFIs), announced it has partnered with AKUVO, creator of Aperture, a cloud-based collections platform, to seamlessly embed Eltopy’s Texting capabilities into the Collections operations of credit unions and community banks. With the partnership, CFIs can now integrate Eltropy’s industry-leading Texting communication platform quickly and easily

GTE Financial Raised Over $500K In 2022 For Local Tampa Bay Organizations

GTE Financial’s goal is to benefit the community through passionate support of local charities and initiatives that prioritize people over profits. The not-for-profit financial institution raised and donated $514,174 to local Tampa Bay charities and organizations in 2022.

U.S. Senate Federal Credit Union CEO interviews U.S. Senator Wyden

USSFCU CEO sits down with U.S. Senator Ron Wyden to discuss the passion and the people behind the credit union movement. The Senator’s interview is part of the recently released podcast “USSFCU Spotlight” which features discussions about credit union services, member experiences, and the credit union’s involvement in the communities they serve.

Corporate Central Promotes Michael Baumann to Investment Analyst

Corporate Central is proud to announce that Michael Baumann, MBA has been promoted to Investment Analyst. In this role, Baumann will perform analysis on current and potential investment holdings of the organization. Please see the full press release attached.

OCCU is Lane County’s top local mortgage lender

OCCU was Lane County’s top local mortgage lender in both production volume and dollar value in 2022, according to industry data.

HomeAdvantage® partners with five new credit unions

Five new credit unions — Blue Federal Credit Union, OE Federal, Pacific Service Credit Union, Picatinny Federal Credit Union and We Florida Financial — have partnered with HomeAdvantage® to attract and nurture home-buying members and close more purchase loans. Blue Credit Union is the first Wyoming-based credit union to partner with HomeAdvantage.

eDOC and CU-Interface Launch Integrated eSign Solution

eDOC Innovations, a Credit Union Service Organization (CUSO) specializing in mobile enterprise digital transaction management and CU-Interface, provider of renowned mpowered core processing technology for credit unions, have collaborated to build an e-signature integration for their mutual clients. This integration will provide a dynamic workflow for document e-Delivery, e-Signature and e-Closing.

MeridianLink Announces Marketing Automation Product Advancements

Enhancements to MeridianLink Engage—the marketing automation component of the company’s multi-product platform, MeridianLink One—empowers financial institutions with personalized data and campaigns to build deeper connections with consumers and grow their customer base

Palisades Credit Union Signs Five-Year Renewal with Synergent to Host Jack Henry’s Symitar Core Processing Solution

Synergent® is pleased to announce that Palisades Credit Union has signed a new five-year agreement, renewing its partnership with Synergent® for hosted Jack Henry™ Symitar® core processing and Banno Digital Platform™. The credit union also renewed its agreement with Synergent for integrated credit and debit card services, statement processing, and check processing.

QuantyPhi Promotes Adam Stone to Executive Vice President

QuantyPhi is proud to announce that Adam Stone has been promoted to Executive Vice President. In addition to his current responsibilities, he will now have oversight over all investment and consulting processes. Please see the full press release and graphic attached.

SafeAmerica Credit Union Promotes Pablo Cornejo To VP & Chief Retail Officer

SafeAmerica Credit Union has promoted Pablo Cornejo to the position of VP & Chief Retail Officer. Cornejo has been with SafeAmerica for 23 years and started his career as a part-time teller. Throughout the years, Cornejo proved his professional abilities and earned multiple promotions as Branch Manager at SafeAmerica. Cornejo’s success was recognized and resulted

Yolo Federal Credit Union Receives Approval for Charter Expansion

Yolo Federal Credit Union has received approval by the National Credit Union Association (NCUA) to expand its field of membership to include those individuals who live, work, worship, or go to school in Sacramento, Placer, or El Dorado counties.

Strategic Partnerships

AMOCO Federal Credit Union Selects PSCU for Credit Card Processing Support

PSCU has announced that AMOCO Federal Credit Union (AMOCO FCU) has selected the CUSO for full-service credit card processing support ...
Personnel Promotions

Oregon State Credit Union names Derrick Peterson as Chief Financial Officer

Derrick Peterson has joined the team at Oregon State Credit Union as Executive Vice President/Chief Financial Officer. As Chief Financial ...
Lending

Auto Financial Group Announces Q3-Q4 2022 Results

In the second half of 2022, AFG signed nine new credit unions to its Walk-Away Balloon Lending Program.
Other

Registration Open for CUES School of Business Lending Online

CUES® School of Business Lending is returning in 2023 in a convenient online format, April 1-October 30.
Other

Coastal Wealth Management Advisors Earn Awards for Outstanding Performance

CFS* Financial Advisors Jonah Kaufman and Catherine Bryant earned Gold Pacesetter Awards for meeting and exceeding production goals and providing ...
Personnel Promotions

BECU Welcomes Rick Eiel as Chief Data and Analytics Officer

BECU, the country’s fourth largest credit union, today announced it has welcomed Rick Eiel as executive vice president and its ...
Industry Analysis & Trends

7 trends making waves for community financial institutions in 2023

Recession. Widespread staffing shortages. Increasing fraud. Customer demands — and advancements in technology like we’ve never seen. Which trends will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 27, 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

Indiana Members Credit Union Contributes $1,000 to Edinburgh Community High School

Indiana Members Credit Union recently presented a check for $1,000 to Edinburgh Community High School as part of an ongoing ...
Other

Truliant Plans Rapid Growth In S.C. Upstate With More Than 10 Locations

Truliant Federal Credit Union announced plans for four new branch locations in Upstate South Carolina in the next three years, ...
Making A Difference

GTE Financial Raised Over $500K In 2022 For Local Tampa Bay Organizations

GTE Financial’s goal is to benefit the community through passionate support of local charities and initiatives that prioritize people over ...
Strategic Partnerships

Collections Should See Significant Bump with Texting from Eltropy-AKUVO Partnership

Eltropy, the leading digital communications platform for community financial institutions (CFIs), announced it has partnered with AKUVO, creator of Aperture, ...
Making A Difference

SECU and SECU Foundation Provide Joint Gift of $5 Million to Develop Dorothea Dix Park in Raleigh

The largest joint giving to one entity from State Employees’ Credit Union (SECU) and the SECU Foundation was announced today ...

The Laug Group Named to Forbes Magazine’s Best-In-State Wealth Management Teams

Morgan Stanley (NYSE: MS) today announced that The Laug Group based in Grand Rapids, MI, has been named to Forbes ...
New Product Releases

MeridianLink Expands Business Lending Capabilities

MeridianLink Business empowers financial institutions to offer fast, reliable business lending to their communities .
Strategic Partnerships

PSCU Partners with Communication Federal Credit Union for Credit Card Processing Services

PSCU has announced a new partnership with Communication Federal Credit Union (CFCU) for credit processing services and support.
Lending

OCCU is Lane County’s top local mortgage lender

OCCU was Lane County’s top local mortgage lender in both production volume and dollar value in 2022, according to industry ...
Personnel Promotions

Corporate Central Promotes Michael Baumann to Investment Analyst

Corporate Central is proud to announce that Michael Baumann, MBA has been promoted to Investment Analyst. In this role, Baumann ...
Other

U.S. Senate Federal Credit Union CEO interviews U.S. Senator Wyden

USSFCU CEO sits down with U.S. Senator Ron Wyden to discuss the passion and the people behind the credit union ...
Making A Difference

Indiana Members Credit Union to Serve as 2023 Title Sponsor for Friends of Riley

Indiana Members Credit Union is happy to announce it will serve as the 2023 Title Sponsor for Friends of Riley, ...
Strategic Partnerships

MeasureOne partners with MeridianLink to bring Consumer-Permissioned Data to the Credit Union market

Initial integration focuses on automated income and employment verification within MeridianLink’s Consumer Loan Origination System.
Other

HomeAdvantage® partners with five new credit unions

Five new credit unions — Blue Federal Credit Union, OE Federal, Pacific Service Credit Union, Picatinny Federal Credit Union and ...
Personnel Promotions

QuantyPhi Promotes Adam Stone to Executive Vice President

QuantyPhi is proud to announce that Adam Stone has been promoted to Executive Vice President. In addition to his current ...
Strategic Partnerships

Palisades Credit Union Signs Five-Year Renewal with Synergent to Host Jack Henry’s Symitar Core Processing Solution

Synergent® is pleased to announce that Palisades Credit Union has signed a new five-year agreement, renewing its partnership with Synergent® ...
New Product Releases

MeridianLink Announces Marketing Automation Product Advancements

Enhancements to MeridianLink Engage—the marketing automation component of the company’s multi-product platform, MeridianLink One—empowers financial institutions with personalized data and ...
Strategic Partnerships

eDOC and CU-Interface Launch Integrated eSign Solution

eDOC Innovations, a Credit Union Service Organization (CUSO) specializing in mobile enterprise digital transaction management and CU-Interface, provider of renowned ...
Personnel Promotions

SafeAmerica Credit Union Promotes Pablo Cornejo To VP & Chief Retail Officer

SafeAmerica Credit Union has promoted Pablo Cornejo to the position of VP & Chief Retail Officer. Cornejo has been with ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 20, 2023

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

Eltropy Receives Patent for Video Notary to Further Innovation in Video Banking

Eltropy, the leading digital communications platform for community financial institutions (CFIs), today announced it was recently granted a patent for ...
Making A Difference

LGE Foundation donates $303,317 to local nonprofits; surpasses $2 million giving milestone

On Wednesday, Dec. 14, 2022, the LGE Community Outreach Foundation presented $303,317 to local nonprofit organizations at LGE Community Credit ...
Strategic Partnerships

AMOCO Federal Credit Union Selects PSCU for Credit Card Processing Support

PSCU has announced that AMOCO Federal Credit Union (AMOCO FCU) has selected the CUSO for full-service credit card processing support ...
Personnel Promotions

Oregon State Credit Union names Derrick Peterson as Chief Financial Officer

Derrick Peterson has joined the team at Oregon State Credit Union as Executive Vice President/Chief Financial Officer. As Chief Financial ...
Lending

Auto Financial Group Announces Q3-Q4 2022 Results

In the second half of 2022, AFG signed nine new credit unions to its Walk-Away Balloon Lending Program.
Other

Registration Open for CUES School of Business Lending Online

CUES® School of Business Lending is returning in 2023 in a convenient online format, April 1-October 30.
Other

Coastal Wealth Management Advisors Earn Awards for Outstanding Performance

CFS* Financial Advisors Jonah Kaufman and Catherine Bryant earned Gold Pacesetter Awards for meeting and exceeding production goals and providing ...
Personnel Promotions

BECU Welcomes Rick Eiel as Chief Data and Analytics Officer

BECU, the country’s fourth largest credit union, today announced it has welcomed Rick Eiel as executive vice president and its ...
Industry Analysis & Trends

7 trends making waves for community financial institutions in 2023

Recession. Widespread staffing shortages. Increasing fraud. Customer demands — and advancements in technology like we’ve never seen. Which trends will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 27, 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

Indiana Members Credit Union Contributes $1,000 to Edinburgh Community High School

Indiana Members Credit Union recently presented a check for $1,000 to Edinburgh Community High School as part of an ongoing ...
Other

Truliant Plans Rapid Growth In S.C. Upstate With More Than 10 Locations

Truliant Federal Credit Union announced plans for four new branch locations in Upstate South Carolina in the next three years, ...
Making A Difference

GTE Financial Raised Over $500K In 2022 For Local Tampa Bay Organizations

GTE Financial’s goal is to benefit the community through passionate support of local charities and initiatives that prioritize people over ...
Strategic Partnerships

Collections Should See Significant Bump with Texting from Eltropy-AKUVO Partnership

Eltropy, the leading digital communications platform for community financial institutions (CFIs), announced it has partnered with AKUVO, creator of Aperture, ...
Making A Difference

SECU and SECU Foundation Provide Joint Gift of $5 Million to Develop Dorothea Dix Park in Raleigh

The largest joint giving to one entity from State Employees’ Credit Union (SECU) and the SECU Foundation was announced today ...

The Laug Group Named to Forbes Magazine’s Best-In-State Wealth Management Teams

Morgan Stanley (NYSE: MS) today announced that The Laug Group based in Grand Rapids, MI, has been named to Forbes ...
New Product Releases

MeridianLink Expands Business Lending Capabilities

MeridianLink Business empowers financial institutions to offer fast, reliable business lending to their communities .
Strategic Partnerships

PSCU Partners with Communication Federal Credit Union for Credit Card Processing Services

PSCU has announced a new partnership with Communication Federal Credit Union (CFCU) for credit processing services and support.
Lending

OCCU is Lane County’s top local mortgage lender

OCCU was Lane County’s top local mortgage lender in both production volume and dollar value in 2022, according to industry ...
Personnel Promotions

Corporate Central Promotes Michael Baumann to Investment Analyst

Corporate Central is proud to announce that Michael Baumann, MBA has been promoted to Investment Analyst. In this role, Baumann ...
Other

U.S. Senate Federal Credit Union CEO interviews U.S. Senator Wyden

USSFCU CEO sits down with U.S. Senator Ron Wyden to discuss the passion and the people behind the credit union ...
Making A Difference

Indiana Members Credit Union to Serve as 2023 Title Sponsor for Friends of Riley

Indiana Members Credit Union is happy to announce it will serve as the 2023 Title Sponsor for Friends of Riley, ...
Strategic Partnerships

MeasureOne partners with MeridianLink to bring Consumer-Permissioned Data to the Credit Union market

Initial integration focuses on automated income and employment verification within MeridianLink’s Consumer Loan Origination System.
Other

HomeAdvantage® partners with five new credit unions

Five new credit unions — Blue Federal Credit Union, OE Federal, Pacific Service Credit Union, Picatinny Federal Credit Union and ...
Personnel Promotions

QuantyPhi Promotes Adam Stone to Executive Vice President

QuantyPhi is proud to announce that Adam Stone has been promoted to Executive Vice President. In addition to his current ...
Strategic Partnerships

Palisades Credit Union Signs Five-Year Renewal with Synergent to Host Jack Henry’s Symitar Core Processing Solution

Synergent® is pleased to announce that Palisades Credit Union has signed a new five-year agreement, renewing its partnership with Synergent® ...
New Product Releases

MeridianLink Announces Marketing Automation Product Advancements

Enhancements to MeridianLink Engage—the marketing automation component of the company’s multi-product platform, MeridianLink One—empowers financial institutions with personalized data and ...
Strategic Partnerships

eDOC and CU-Interface Launch Integrated eSign Solution

eDOC Innovations, a Credit Union Service Organization (CUSO) specializing in mobile enterprise digital transaction management and CU-Interface, provider of renowned ...
Personnel Promotions

SafeAmerica Credit Union Promotes Pablo Cornejo To VP & Chief Retail Officer

SafeAmerica Credit Union has promoted Pablo Cornejo to the position of VP & Chief Retail Officer. Cornejo has been with ...
Industry Analysis & Trends

Baker Market Update – Week in Review: January 20, 2023

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

Eltropy Receives Patent for Video Notary to Further Innovation in Video Banking

Eltropy, the leading digital communications platform for community financial institutions (CFIs), today announced it was recently granted a patent for ...
Making A Difference

LGE Foundation donates $303,317 to local nonprofits; surpasses $2 million giving milestone

On Wednesday, Dec. 14, 2022, the LGE Community Outreach Foundation presented $303,317 to local nonprofit organizations at LGE Community Credit ...

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, and children in North Carolina.

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 accolade presented by MemberXP, a ...

Baker Market Update – Week in Review: March 15, 2024

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

BCU PRESIDENT, CEO MIKE VALENTINE INDUCTED TO CREDIT UNION HOUSE HALL OF LEADERS 

Nominated by the Illinois Credit Union League (ICUL), Mike Valentine, BCU President & CEO, was recently inducted into the Credit Union House Hall of Leaders ...

ORIGENCE ANNOUNCES 14 BREAKOUT SESSIONS FOR LENDING TECH LIVE

Origence, the leading lending technology solutions provider for credit unions, announces breakout sessions for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at ...

THINK 24 Adds Keynoters: Experts in AI, Organizational Growth to Stimulate New Ideas for Credit Unions

The speaker agenda has expanded with two new noteworthy keynote presenters for THINK 24 from PSCU/Co-op Solutions.
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