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
Making A Difference

Children’s Council of Watauga County Receives $40,000 Grant to Expand Child Advocacy Programs

SECU Foundation recently provided a $40,000 grant to the Children’s Council of Watauga County (CCWC), a non-profit that facilitates programs ...
Personnel Promotions

Securityplus Federal Credit Union Announces New Chief Information and Technology Officer

Ray Ragan joins the executive leadership team to provide vision and leadership to the information technology team and oversee information ...
Personnel Promotions

Coastal Credit Union Introduces Jen Humphrey as Vice President of Employee Experience

Coastal Credit Union introduces Jen Humphrey as Vice President of Employee Experience, effective Nov. 28. In this role, Humphrey will ...
Personnel Promotions

Corporate Central Welcomes Chuck Doherty as Executive Account Manager

Corporate Central is proud to announce and welcome Chuck Doherty as an Executive Account Manager. In this role, Doherty will ...
Making A Difference

Greater Texas Credit Union Gives $5,000 for Giving Tuesday Fundraising Campaign

When disasters like 2020 Snowmageddon happen it can cause financial hardship and stress. For Joey Puckett and his daughters the ...
Operations & HR

Vantage Opens New Creve Coeur Branch; Marks Return to Its Roots

Vantage Credit Union commemorated its return to Creve Coeur—the credit union’s original branch opened there in 1967— with ribbon cutting ...
Personnel Promotions

United Federal Credit Union Names Director of Payments

United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
Making A Difference

Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission

SECU Foundation has provided a $40,000 grant to the YMI Cultural Center in Asheville to help expand support and programming.
Personnel Promotions

Advia Credit Union Hires New Chief Financial Officer, Dustin Adams

Kalamazoo, Michigan, December 14, 2022 – Advia Credit Union is pleased to announce the hiring of Dustin Adams as its ...
New Product Releases

LoanStreet Launches Performance Analytics for Loan Participations

Portfolio managers can now instantly view, report and forecast loan performance benchmarked against their initial investment expectations. Performance Analytics enhances ...
Personnel Promotions

Coastal Credit Union Announces Murshid Khan as New Chief Information Officer

Coastal Credit Union announces Murshid Khan as its new Chief Information Officer, effective Dec. 1. Khan brings 30 years of ...
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 ...
Making A Difference

Children’s Council of Watauga County Receives $40,000 Grant to Expand Child Advocacy Programs

SECU Foundation recently provided a $40,000 grant to the Children’s Council of Watauga County (CCWC), a non-profit that facilitates programs ...
Personnel Promotions

Securityplus Federal Credit Union Announces New Chief Information and Technology Officer

Ray Ragan joins the executive leadership team to provide vision and leadership to the information technology team and oversee information ...
Personnel Promotions

Coastal Credit Union Introduces Jen Humphrey as Vice President of Employee Experience

Coastal Credit Union introduces Jen Humphrey as Vice President of Employee Experience, effective Nov. 28. In this role, Humphrey will ...
Personnel Promotions

Corporate Central Welcomes Chuck Doherty as Executive Account Manager

Corporate Central is proud to announce and welcome Chuck Doherty as an Executive Account Manager. In this role, Doherty will ...
Making A Difference

Greater Texas Credit Union Gives $5,000 for Giving Tuesday Fundraising Campaign

When disasters like 2020 Snowmageddon happen it can cause financial hardship and stress. For Joey Puckett and his daughters the ...
Operations & HR

Vantage Opens New Creve Coeur Branch; Marks Return to Its Roots

Vantage Credit Union commemorated its return to Creve Coeur—the credit union’s original branch opened there in 1967— with ribbon cutting ...
Personnel Promotions

United Federal Credit Union Names Director of Payments

United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
Making A Difference

Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission

SECU Foundation has provided a $40,000 grant to the YMI Cultural Center in Asheville to help expand support and programming.
Personnel Promotions

Advia Credit Union Hires New Chief Financial Officer, Dustin Adams

Kalamazoo, Michigan, December 14, 2022 – Advia Credit Union is pleased to announce the hiring of Dustin Adams as its ...
New Product Releases

LoanStreet Launches Performance Analytics for Loan Participations

Portfolio managers can now instantly view, report and forecast loan performance benchmarked against their initial investment expectations. Performance Analytics enhances ...
Personnel Promotions

Coastal Credit Union Announces Murshid Khan as New Chief Information Officer

Coastal Credit Union announces Murshid Khan as its new Chief Information Officer, effective Dec. 1. Khan brings 30 years of ...
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 ...

INOVA Federal Donates $7,969 To World Council of Credit Unions

INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit ...

PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents

PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture ...

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving ...

GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires

GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to ...

SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards

A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with ...

U.S. Senate Federal Credit Union Recognized Nationally as a 2024 Top Workplaces Winner by USA TODAY!

The United States Senate Federal Credit Union (USSFCU) proudly announces its nationwide recognition as a recipient of the 2024 Top Workplaces national award, presented by ...
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