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.
PSCU Announces Annual Dividend for Fiscal Year 2022
PSCU has announced its annual patronage dividend for the 2022 fiscal year of $16.1 million, with 30% being distributed in ...
GTE FINANCIAL PROMOTES NEW AVP OF INVESTMENTS AND AVP OF INSURANCE AGENCY
TAMPA, FL December 2022: Locally owned and operated credit union, GTE Financial, continues to build a knowledgeable and passionate team. ...
GTE FINANCIAL GIFTS HOLIDAY WISHLISTS TO 8 FAMILIES FOR THE 9TH CONSECUTIVE YEAR
TAMPA, FL, December 2022: As a leading not-for-profit credit union, GTE Financial is committed to giving back to the Tampa ...
Texas A&M IBE Companies Donate $21,000 in Profits to Local Charities
The Giving Tee was the most profitable company in this year’s Texas A&M Mays Business School Integrated Business Experience (IBE) ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
United Federal Credit Union Names Director of Payments
United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
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.
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 ...
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 ...
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 ...
Jennifer Boyle Promoted to Senior Vice President of Lending
Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
PSCU Announces Annual Dividend for Fiscal Year 2022
PSCU has announced its annual patronage dividend for the 2022 fiscal year of $16.1 million, with 30% being distributed in ...
GTE FINANCIAL PROMOTES NEW AVP OF INVESTMENTS AND AVP OF INSURANCE AGENCY
TAMPA, FL December 2022: Locally owned and operated credit union, GTE Financial, continues to build a knowledgeable and passionate team. ...
GTE FINANCIAL GIFTS HOLIDAY WISHLISTS TO 8 FAMILIES FOR THE 9TH CONSECUTIVE YEAR
TAMPA, FL, December 2022: As a leading not-for-profit credit union, GTE Financial is committed to giving back to the Tampa ...
Texas A&M IBE Companies Donate $21,000 in Profits to Local Charities
The Giving Tee was the most profitable company in this year’s Texas A&M Mays Business School Integrated Business Experience (IBE) ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
United Federal Credit Union Names Director of Payments
United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
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.
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 ...
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 ...
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 ...
Jennifer Boyle Promoted to Senior Vice President of Lending
Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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, ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
Sound Credit Union and UW Tacoma’s Milgard School Announce UW-Wide FinTech Pitch
Sound Credit Union (Sound), in partnership with the Milgard Center for Business Analytics at the University of Washington Tacoma (UWT), is pleased to announce the ...
GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union
Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based United Federal Credit Union (United) on Monday, April 1, 2024 following an approved vote ...
Educational Federal Credit Union Selects John Sapp as Executive Vice President
Miami, FL, March 22, 2024. Educational Federal Credit Union (EdFed) is pleased to announce the hiring of John Sapp as the credit union’s new Executive ...
Baker Market Update – Week in Review: March 22, 2024
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
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 ...