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

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an exclusive Credit Union Core Processor, founded in 1980, that provides premium software and IT services to the credit union industry. CBS delivers innovative technology and provides credit unions with a solution that is secure, simple,

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces its recent distribution of $65,000 to seven deserving nonprofits. These funds are poised to amplify the significant impact these organizations have both locally in the metropolitan Washington region and on a broader national scale.

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, is proud to announce that Collections Manager, Will Michaels, has successfully completed the prestigious year-long Lead Morris program offered through the Morris County Chamber of Commerce. Lead Morris is a comprehensive leadership development program tailored

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high note, distributing $17,300 to seven worthy recipients across St. Clair, Oakland, and Wayne counties. Grant recipients included: • Deo Gratias Ministries Detroit – $5,000 to stock their food pantry. • The Jenna Kast Believe in

Truliant Promotes Johnson to Chief Financial Officer

WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the role of Chief Financial Officer. Previously, he was senior vice president, controller.

Peach State FCU and Toys for Tots Unite in Holiday Spirit

Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! Every year, the credit union uses their branch locations as convenient drop-off sites for community members to support Toys for Tots.

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has been appointed to the newly created position of Vice President, Mortgage Operations, serving Members’ real estate financing needs. She has joined the SchoolsFirst FCU operations team in the Tustin office. In her new role, Davis

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via its Third-Party Service Provider (TPSP) solution. The corporate is extending the solution to connect to the FedNow Service within the first quarter of 2024 to provide a unified connection solution for credit unions to both

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving season. Day Air once again supported organizations and community members throughout the Miami Valley, with gifts of support, education, and time.

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has reached a significant career milestone by successfully completing the Executive Master of Business Administration (EMBA) program at Marquette University.

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announce a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing. By making credit

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual contributed capital to its capital shareholders. The amount totals approximately $24 million.

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. This event is designed to empower students with practical financial knowledge and skills. The program provides participants with hands-on experience, allowing them to gain insights into real-world financial scenarios and make informed decisions about budgeting,

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative AI solutions designed to overcome the friction of traditional support and employee training to deliver exceptional member and employee experiences. Powered by CFI-specific large language models (LLMs), Eltropy’s generative AI tools are bringing efficiency and

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive cultures, is excited to announce they are expanding their recruitment team with the addition of Jaime Marks and Sonya Watkins. Marks and Watkins will join Carl Clark in directing the firm’s recruitment services. Humanidei’s mission

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at the Hope Center in Waukesha, WI. Hope Center is a non-profit organization that has been serving the basic needs of financial assistance, food, and clothing in Waukesha County for more than thirty years.

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects. The Foundation’s advocacy for their valuable work brought a $250,000 challenge grant to directly support the development of programs to build coastal resiliency, reduce vulnerability to

Operations & HR

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an ...
Making A Difference

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces ...
Operations & HR

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high ...
Strategic Partnerships

Oshkosh Community Credit Union Chooses Sharetec for Its Compatibility

Sharetec, one of the fastest-growing leaders in the core processing space, has announced its partnership with Oshkosh Community Credit Union ...
Personnel Promotions

Truliant Promotes Johnson to Chief Financial Officer

WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the ...
Making A Difference

Peach State FCU and Toys for Tots Unite in Holiday Spirit

Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 29, 2023

Summary: Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s ...
Making A Difference

Redwood Credit Union Steps Up for Annual Secret Santa Program

When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped ...
Personnel Promotions

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has ...
Making A Difference

GreenState is halfway to their $1 billion mortgage lending goal

GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater ...
Other

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via ...
Making A Difference

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving ...
Other

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has ...
Lending

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, ...
Investments

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual ...
Other

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. ...
Making A Difference

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit ...
Making A Difference

California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff ...
Other

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after ...
Making A Difference

United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras

United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Industry Analysis & Trends

Baker Market Update – Week in Review: December 15, 2023

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

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative ...
Other

Thomas Named to American Banker’s Most Powerful Women in Credit Unions List

American Banker has recognized Truliant Federal Credit Union’s Chief Administrative Officer Sherri Thomas as one of its 2023 Most Powerful ...
Personnel Promotions

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive ...
Making A Difference

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at ...
Making A Difference

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal ...
Strategic Partnerships

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Eltropy, a leading digital conversations platform for community financial institutions (CFIs), announced today that Eltropy’s Digital Conversations Platform is now ...
Making A Difference

BECU’s 10th Annual People Helping People Awards Program Grants $525,000 to Member-Nominated Nonprofits

After receiving nearly 900 nominations, last night BECU honored nonprofit organizations and BECU members at its annual People Helping People ...
Operations & HR

CBS Announces Six Client Renewals in the New 2024 Year!

Goldsboro, North Carolina – Commercial Business Systems, Inc. announces six client renewals for the 2024 New Year. CBS is an ...
Making A Difference

U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions

Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union (USSFCU) in Alexandria, Virginia, proudly announces ...
Operations & HR

GARDEN SAVINGS FEDERAL CREDIT UNION CELEBRATES THE ACHIEVMENT OF COLLECTIONS MANAGER, WILL MICHAELS, UPON SUCCESSFUL COMPLETION OF THE LEAD MORRIS PROGRAM

Garden Savings Federal Credit Union, a leading financial institution headquartered in Parsippany with branches in Newark, South Orange, and Dover, ...
Making A Difference

Christian Financial Outreach & Impact Foundation awards $17,300 to area nonprofits

Sterling Heights, Mich., (Dec. 22, 2023) – Christian Financial’s Outreach & Impact Foundation closed the year out on a high ...
Strategic Partnerships

Oshkosh Community Credit Union Chooses Sharetec for Its Compatibility

Sharetec, one of the fastest-growing leaders in the core processing space, has announced its partnership with Oshkosh Community Credit Union ...
Personnel Promotions

Truliant Promotes Johnson to Chief Financial Officer

WINSTON-SALEM, N.C. (December 26, 2023) – Truliant Federal Credit Union announced today that it has promoted Linell Johnson to the ...
Making A Difference

Peach State FCU and Toys for Tots Unite in Holiday Spirit

Peach State Federal Credit Union’s annual toy drive in support of the Marine Toys for Tots program was a success! ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 29, 2023

Summary: Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s ...
Making A Difference

Redwood Credit Union Steps Up for Annual Secret Santa Program

When Sonoma County’s annual Secret Santa program fell short of its gift drive goals this year, Redwood Credit Union stepped ...
Personnel Promotions

SchoolsFirst Federal Credit Union Announces New Vice President of Mortgage Operations

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that Jennifer Davis has ...
Making A Difference

GreenState is halfway to their $1 billion mortgage lending goal

GreenState Credit Union has surpassed $500 million in mortgage loans to BIPOC Iowans, thus making strides at closing the racial ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Battle Creek

United Federal Credit Union (United) is pleased to announce the appointment of Rob Merrill to Mortgage Advisor in the Greater ...
Other

Milestone: Corporate One Federal Credit Union Celebrates Connecting 18 Credit Unions to RTP Network, with Robust Growth Anticipated in 2024

Corporate One Federal Credit Union announced today that it connected 18 credit unions to the RTP network in 2023 via ...
Making A Difference

Day Air Credit Union Gives Back in Multiple Ways this Holiday Season

It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving ...
Other

Kevin Chiappetta Graduates from Marquette University’s Executive MBA Program

Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has ...
Lending

Origence Partners with Tesla to Provide Attractive Monthly Payments and Affordable Credit Union Financing to Electric Vehicle Buyers Across the U.S.

Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, ...
Investments

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual ...
Other

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. ...
Making A Difference

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit ...
Making A Difference

California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff ...
Other

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after ...
Making A Difference

United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras

United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
Industry Analysis & Trends

Baker Market Update – Week in Review: December 15, 2023

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

Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions

Eltropy, the leading digital conversations platform for community financial institutions (CFIs), and Magnifi Financial have partnered to introduce cutting-edge generative ...
Other

Thomas Named to American Banker’s Most Powerful Women in Credit Unions List

American Banker has recognized Truliant Federal Credit Union’s Chief Administrative Officer Sherri Thomas as one of its 2023 Most Powerful ...
Personnel Promotions

Humanidei Expands Recruiting Team With Industry Professionals Jaime Marks and Sonya Watkins

Ontario, CA – December 15, 2023 – Humanidei, a people operations firm founded to help credit unions build more inclusive ...
Making A Difference

Corporate Central Employees Make a Difference at Hope Center

Corporate Central demonstrated its commitment to community service and philanthropy last week as eight dedicated employees volunteered their time at ...
Making A Difference

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal ...
Strategic Partnerships

Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform

Eltropy, a leading digital conversations platform for community financial institutions (CFIs), announced today that Eltropy’s Digital Conversations Platform is now ...
Making A Difference

BECU’s 10th Annual People Helping People Awards Program Grants $525,000 to Member-Nominated Nonprofits

After receiving nearly 900 nominations, last night BECU honored nonprofit organizations and BECU members at its annual People Helping People ...

Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025

Redwood Credit Union (RCU) is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek.

LAFCU CFO Leslie Rorie named a Notable Leader in Finance

LANSING, Mich. — LAFCU is proud to announce that Leslie Rorie, chief financial officer, has been named one of Crain’s Detroit Business’ 2025 Notable Leaders ...

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 ...
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