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
Personnel Promotions

Jennifer Boyle Promoted to Senior Vice President of Lending

Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
Charity Events

TruMark Financial® Credit Union Press Release

FORT WASHINGTON, Pa — St. Christopher’s Hospital for Children administrators and team members were pleasantly surprised when TruMark Financial team ...
Charity Events

California Credit Unions Donate $284,000 for UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $284,000 check to UCSF Benioff ...
Borrowings

Baker Market Update – Week in Review: December 09, 2022

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

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with ...
Investments

QuantyPhi Introduces Enhanced Mortgage Servicing Rights Valuation for Credit Unions

QuantyPhi, a CUSO specializing in credit union balance sheet optimization, recently announced an enhanced Mortgage Servicing Rights valuation model offering. ...
Making A Difference

Indiana Members Credit Union Contributes $883 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $883 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Industry Analysis & Trends

Eltropy’s Video Banking Boosts Branch Efficiency During Labor Shortages

An unpredictable job landscape and staffing shortages are testing the entire financial industry, including credit unions and community financial institutions ...
Making A Difference

Greater Texas Credit Union Employees Adopt Eight Families from Any Baby Can for Christmas

Almost 30 years ago, Jacqueline Hammett’s daughter Mystique spent the Christmas holidays in the neonatal unit of a children’s hospital, ...
Making A Difference

UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive

We are running a winter coat and cold-weather clothing drive at our Hadley, Northampton, and Springfield branches throughout the month ...
Operations & HR

CUSO Helps Small Credit Unions Deliver Competitive Employee Health Plans; Launches Insurance Agency

InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
Marketing

New White Paper from Co-op Solutions Provides CU Growth Strategies

Co-op Solutions has unveiled a new industry white paper designed to help credit unions both plan and execute their own ...
Marketing

National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to EFCU Financial

National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, ...
Lending

American Credit Union Mortgage Association Announces Open Registration for 2023 ACUMA Workshops

It’s time to start planning your professional development for 2023, and foremost among the many educational opportunities should be your ...
Making A Difference

OCCU CDO named Real Men Wear Pink Ambassador of the Year

OCCU Chief Digital Officer Brian Alfano raised more than $25,000 for the American Cancer Society’s Real Men Wear Pink breast ...
Making A Difference

United Federal Credit Union Donates $29,000 During Giving Tuesday

United Federal Credit Union donated a total of $29,000 during Giving Tuesday on November 29, 2022. The funds were given ...
Personnel Promotions

UVA Community Credit Union Welcomes Belinda Tucker as Chief Operating Officer

Belinda Tucker has been hired as the new Chief Operating Officer (COO) at the Credit Union. She will report to ...
New Product Releases

Support EXP’s Genesis Scales Survey Platform Sophistication for Right-Sized Success

Support EXP is excited to introduce Genesis, a streamlined version of its comprehensive Insight Builder member survey platform. Genesis is ...
Personnel Promotions

Coastal Credit Union Promotes Jennifer Gallagher to Director of Branch Expansion and Optimization

Coastal Credit Union has promoted Jennifer Gallagher to Director of Branch Expansion and Optimization. In her new role, Gallagher will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 02, 2022

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

Texas Trust Gives Foundation Donates $7,500 to Toys for Tots in Honor of Organization’s 75th Anniversary

For 75 years the Marine Corp Reserves have provided toys to children in need at Christmas throughout the U.S. As ...
Making A Difference

United Federal Credit Union and American Red Cross Partner for Blood Drive in Southwest Michigan

Every two seconds, someone in the United States needs blood. Despite calls from the American Red Cross for donors, there ...
Strategic Partnerships

Pickens Federal Credit Union Members Endorse Merger with Peach State Federal Credit Union

The members of Pickens Federal Credit Union have voted in favor of a merger with Peach State Federal Credit Union. ...
Strategic Partnerships

Abbeville Community Federal Credit Union Members Approve Merger with Peach State Federal Credit Union

The members of Abbeville Community Federal Credit Union have approved a merger with Peach State Federal Credit Union. This announcement ...
Making A Difference

Kudos recognizes OCCU

OCCU is among 32 companies honored in Kudos, Inc.’s, annual Best Culture Awards program.
Personnel Promotions

Miami Firefighters Federal Credit Union Selects Bryan S. Woodward As Their Next President/CEO

The Board of Directors of Miami Firefighters Federal Credit Union is pleased to announce the appointment of Bryan S. Woodward ...
Making A Difference

Over $225k in Scholarships and Educational Grants to be Awarded by Peach State FCU C.A.R.E.S. Foundation

The Peach State FCU C.A.R.E.S. Foundation has announced it is now accepting applications for its 2023 scholarship program. This year, ...
Strategic Partnerships

Palisades Credit Union Expands Partnership with Synergent® for Zelle®

Synergent® is pleased to announce that Palisades Credit Union has expanded its partnership with Synergent by launching Zelle®. This is ...
Personnel Promotions

Louis Jenkins Jr. Joins Redwood Credit Union as Vice President of Sales and Service

Redwood Credit Union has hired Louis Jenkins Jr. as vice president of sales and service.
Making A Difference

14,000 Members Returned to Gredit Unions

NOTE: Please republish this as the recent PR published yesterday contained a “DRAFT” watermark. Thanks, Mike Hales CU Revest
Personnel Promotions

Jennifer Boyle Promoted to Senior Vice President of Lending

Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
Charity Events

TruMark Financial® Credit Union Press Release

FORT WASHINGTON, Pa — St. Christopher’s Hospital for Children administrators and team members were pleasantly surprised when TruMark Financial team ...
Charity Events

California Credit Unions Donate $284,000 for UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $284,000 check to UCSF Benioff ...
Borrowings

Baker Market Update – Week in Review: December 09, 2022

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

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with ...
Investments

QuantyPhi Introduces Enhanced Mortgage Servicing Rights Valuation for Credit Unions

QuantyPhi, a CUSO specializing in credit union balance sheet optimization, recently announced an enhanced Mortgage Servicing Rights valuation model offering. ...
Making A Difference

Indiana Members Credit Union Contributes $883 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $883 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Industry Analysis & Trends

Eltropy’s Video Banking Boosts Branch Efficiency During Labor Shortages

An unpredictable job landscape and staffing shortages are testing the entire financial industry, including credit unions and community financial institutions ...
Making A Difference

Greater Texas Credit Union Employees Adopt Eight Families from Any Baby Can for Christmas

Almost 30 years ago, Jacqueline Hammett’s daughter Mystique spent the Christmas holidays in the neonatal unit of a children’s hospital, ...
Making A Difference

UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive

We are running a winter coat and cold-weather clothing drive at our Hadley, Northampton, and Springfield branches throughout the month ...
Operations & HR

CUSO Helps Small Credit Unions Deliver Competitive Employee Health Plans; Launches Insurance Agency

InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
Marketing

New White Paper from Co-op Solutions Provides CU Growth Strategies

Co-op Solutions has unveiled a new industry white paper designed to help credit unions both plan and execute their own ...
Marketing

National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to EFCU Financial

National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, ...
Lending

American Credit Union Mortgage Association Announces Open Registration for 2023 ACUMA Workshops

It’s time to start planning your professional development for 2023, and foremost among the many educational opportunities should be your ...
Making A Difference

OCCU CDO named Real Men Wear Pink Ambassador of the Year

OCCU Chief Digital Officer Brian Alfano raised more than $25,000 for the American Cancer Society’s Real Men Wear Pink breast ...
Making A Difference

United Federal Credit Union Donates $29,000 During Giving Tuesday

United Federal Credit Union donated a total of $29,000 during Giving Tuesday on November 29, 2022. The funds were given ...
Personnel Promotions

UVA Community Credit Union Welcomes Belinda Tucker as Chief Operating Officer

Belinda Tucker has been hired as the new Chief Operating Officer (COO) at the Credit Union. She will report to ...
New Product Releases

Support EXP’s Genesis Scales Survey Platform Sophistication for Right-Sized Success

Support EXP is excited to introduce Genesis, a streamlined version of its comprehensive Insight Builder member survey platform. Genesis is ...
Personnel Promotions

Coastal Credit Union Promotes Jennifer Gallagher to Director of Branch Expansion and Optimization

Coastal Credit Union has promoted Jennifer Gallagher to Director of Branch Expansion and Optimization. In her new role, Gallagher will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 02, 2022

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

Texas Trust Gives Foundation Donates $7,500 to Toys for Tots in Honor of Organization’s 75th Anniversary

For 75 years the Marine Corp Reserves have provided toys to children in need at Christmas throughout the U.S. As ...
Making A Difference

United Federal Credit Union and American Red Cross Partner for Blood Drive in Southwest Michigan

Every two seconds, someone in the United States needs blood. Despite calls from the American Red Cross for donors, there ...
Strategic Partnerships

Pickens Federal Credit Union Members Endorse Merger with Peach State Federal Credit Union

The members of Pickens Federal Credit Union have voted in favor of a merger with Peach State Federal Credit Union. ...
Strategic Partnerships

Abbeville Community Federal Credit Union Members Approve Merger with Peach State Federal Credit Union

The members of Abbeville Community Federal Credit Union have approved a merger with Peach State Federal Credit Union. This announcement ...
Making A Difference

Kudos recognizes OCCU

OCCU is among 32 companies honored in Kudos, Inc.’s, annual Best Culture Awards program.
Personnel Promotions

Miami Firefighters Federal Credit Union Selects Bryan S. Woodward As Their Next President/CEO

The Board of Directors of Miami Firefighters Federal Credit Union is pleased to announce the appointment of Bryan S. Woodward ...
Making A Difference

Over $225k in Scholarships and Educational Grants to be Awarded by Peach State FCU C.A.R.E.S. Foundation

The Peach State FCU C.A.R.E.S. Foundation has announced it is now accepting applications for its 2023 scholarship program. This year, ...
Strategic Partnerships

Palisades Credit Union Expands Partnership with Synergent® for Zelle®

Synergent® is pleased to announce that Palisades Credit Union has expanded its partnership with Synergent by launching Zelle®. This is ...
Personnel Promotions

Louis Jenkins Jr. Joins Redwood Credit Union as Vice President of Sales and Service

Redwood Credit Union has hired Louis Jenkins Jr. as vice president of sales and service.
Making A Difference

14,000 Members Returned to Gredit Unions

NOTE: Please republish this as the recent PR published yesterday contained a “DRAFT” watermark. Thanks, Mike Hales CU Revest

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 ...

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. Joseph, Michigan.

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.

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 ...

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.

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 ...
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