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

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed a partnership with TEG Federal Credit Union, a New York based credit union founded as a teacher’s credit union. Founded in 1969, TEGFCU has experienced significant growth over the past ten years, and this growth

Unitus Community Credit Union Launches Spanish-Language Chatbot with Glia

Credit union is the first in the Pacific Northwest to offer a Spanish-speaking chatbot New York, July 26, 2023 – Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated self-service on a single platform, has partnered with $1.7 billion-asset Unitus Community Credit Union to successfully launch a Spanish-speaking chatbot. Unitus experienced

UMassFive Aids Local Farmers with Flood Relief Donations

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is proud to announce its recent donation of $2,500 to aid local farms impacted by the recent severe flooding in Western Massachusetts. The donations, made directly to the farms, have provided essential support to farmers who have all faced significant challenges due to the devastating floods,

SECU Foundation Grant Helps New Hanover County Non-Profit Open Doors to New Shelter

SECU Foundation recently announced its support for Domestic Violence Shelter & Services, Inc. (DVSS), providing $450,000 in funding to complete the non-profit’s capital campaign to open a newly built shelter in New Hanover County. DVSS is the only agency in the county that provides emergency shelter and support services to individuals impacted by domestic violence.

Origence and Eltropy Partnership Elevates Loan Origination Experience for Consumers

Origence, the leading lending technology solutions provider for credit unions, and Eltropy, the leading digital communications platform for community financial institutions (CFIs), are expanding their partnership to deliver an enhanced loan origination experience. The integration between Origence and Eltropy combines the strengths of both platforms, providing a comprehensive solution for credit unions to drive revenue

Eltropy and Origence Partnership Elevates Loan Origination Experience for Consumers

Eltropy, the leading digital communications platform for community financial institutions (CFIs), and Origence, the leading lending technology solutions provider for credit unions, are expanding their partnership to deliver an enhanced loan origination experience. The integration between Origence and Eltropy combines the strengths of both platforms, providing a comprehensive solution for credit unions to drive revenue

OCCU’s four-day workweek pilot shows benefits for members and team

Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already seeing results in the form of more satisfied members and happier employees. • In March 2023, OCCU began piloting a four-day, 32-workweek in its Member Contact Center. • At the four-month mark, metrics show positive

How Financial Institutions Should Prepare for the Return of Student Loan Repayments

With President Biden’s student loan relief plan invalidated by the Supreme Court, borrowers will resume payments on their student loans this September. We have already seen an increase in delinquencies at the start of 2023, and without further debt relief, we will likely see another uptick when student loan payments resume. Both financial institutions and

Advia Credit Union proud to announce Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These developments reflect the credit union’s commitment to fostering growth, recognizing achievements, and strengthening the institution’s position as a trusted financial partner.

EasCorp Joins the FedNow Service

Eastern Corporate Federal Credit Union (“EasCorp”) announced it is live on the Federal Reserve’s new instant payment rail, the FedNow Service. Among the first depository institutions, EasCorp is now able to support payment activity through settlement and liquidity services.

Vertifi Software Supports the FedNow Service, Advancing U.S. Payments System

Vertifi Software, LLC, (“Vertifi”) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, the FedNow Service. Vertifi is among the first service providers supporting transaction activity for financial institutions on the service.

Catalyst Corporate Announces First Member Credit Union is Live on the Federal Reserve’s FedNow Service through Catalyst

Catalyst Corporate Federal Credit Union announces Tucson, Arizona-based Pima Federal Credit Union is now live and successfully receiving instant payment transactions on the Federal Reserve’s FedNow Service through Catalyst. Pima Federal launched its service to members in tandem with the general release of the Federal Reserve’s service on July 19 at 6:01 p.m. Central Time.

Origence Hosts Economic and Lending Webcast with Elliot Eisenberg

Origence, the leading lending technology solutions provider for credit unions, is hosting a free webcast entitled “The US Economy: Rising Rates, Real Risks, and Recession?” with special guest speaker Economist Elliot Eisenberg on July 27, 2023 at time 11 am PDT.

Texas Bay Credit Union Partners with Eltropy to Elevate Member Experience through Expanded Digital Communication Channels

Eltropy, the leading enterprise-wide digital conversations platform for community financial institutions, today announced it has partnered with Texas Bay Credit Union, a community financial institution (CFI) serving the greater Houston market. Texas Bay chose Eltropy as an important step in its ongoing digital transformation to help improve its member engagement across account openings, providing loans,

The Power of Rapid Decisions in Indirect Lending: Leveraging Technology for Success

Houston, TX | July 18, 2023. The need for rapid decisions has become a crucial trend in indirect lending within today’s highly competitive market. Dealers and lenders alike must be able to close deals swiftly to gain an edge over their competitors. Speedy decisions enhance the customer experience, drive sales, and reduce costs for lenders.

Strategic Partnerships

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed ...
Technology

InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate

InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy’s cutting-edge ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 28, 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

GTE Financial’s Judging Panel Awards 26 Lucky Recipients For 12th Annual Student Scholarship Program

As a leading not-for-profit credit union, GTE Financial continues to support education and young adults in the Tampa Bay area ...
Other

$2.5 Billion Credit Union Partners with CUSO Financial Services

Polish & Slavic Joins CFS Because of Established Startup Experience
Making A Difference

UMassFive Aids Local Farmers with Flood Relief Donations

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is proud to announce its recent donation of $2,500 to aid ...
Other

$252 Million One Credit Union Joins CUSO Financial Services

New England-Based One Credit Union Expands Member Services with New Partnership
Technology

Unitus Community Credit Union Launches Spanish-Language Chatbot with Glia

Credit union is the first in the Pacific Northwest to offer a Spanish-speaking chatbot New York, July 26, 2023 – ...
Strategic Partnerships

Eltropy and Origence Partnership Elevates Loan Origination Experience for Consumers

Eltropy, the leading digital communications platform for community financial institutions (CFIs), and Origence, the leading lending technology solutions provider for ...
Technology

Origence and Eltropy Partnership Elevates Loan Origination Experience for Consumers

Origence, the leading lending technology solutions provider for credit unions, and Eltropy, the leading digital communications platform for community financial ...
Strategic Partnerships

A CUSO and an Association Collaborate to Deliver Competitive Health Plans to Business Members

InterLutions recently launched a partnership with the Healthcare Credit Union Association (HCUA) to help credit unions deliver competitive health plans ...
Personnel Promotions

United Federal Credit Union Promotes Two to Lead Member Experience and Personalization Efforts

United Federal Credit Union is excited to announce two promotions aimed at increasing member services. Kylie Glupker has been named ...
Other

CUES Directors Conference 2023 Heads to Lahaina, Maui, HI

CUES Directors Conference, the must-attend event for credit union board members, is heading to Lahaina, Maui, HI, December 10-13, talent ...
Making A Difference

SECU Foundation Grant Helps New Hanover County Non-Profit Open Doors to New Shelter

SECU Foundation recently announced its support for Domestic Violence Shelter & Services, Inc. (DVSS), providing $450,000 in funding to complete ...
Making A Difference

Mazuma Credit Union is Bringing “I Love My Credit Union Day” Festivities to KC

In cooperation with Envisant, a subsidiary of the Illinois Credit Union League (ICUL), Kansas City’s Mazuma Credit Union will host ...
Operations & HR

OCCU’s four-day workweek pilot shows benefits for members and team

Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Reno, Nevada

United Federal Credit Union (United) is pleased to announce the appointment of Beatriz Pico to Mortgage Advisor in Reno. Pico ...
Making A Difference

SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students

State Employees’ Credit Union (SECU) announced today its support for the 2023 Governor’s School Supply Drive to help teachers and ...
Industry Analysis & Trends

How Financial Institutions Should Prepare for the Return of Student Loan Repayments

With President Biden’s student loan relief plan invalidated by the Supreme Court, borrowers will resume payments on their student loans ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 21, 2023

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

Catalyst Corporate Announces First Member Credit Union is Live on the Federal Reserve’s FedNow Service through Catalyst

Catalyst Corporate Federal Credit Union announces Tucson, Arizona-based Pima Federal Credit Union is now live and successfully receiving instant payment ...
New Product Releases

Vertifi Software Supports the FedNow Service, Advancing U.S. Payments System

Vertifi Software, LLC, (“Vertifi”) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, ...
New Product Releases

EasCorp Joins the FedNow Service

Eastern Corporate Federal Credit Union (“EasCorp”) announced it is live on the Federal Reserve’s new instant payment rail, the FedNow ...
Other

We Florida Financial Chooses CUSO Financial Services

$750 million credit union is sixth to join CUSO Financial Services (CFS) from LPL this Quarter
Personnel Promotions

Advia Credit Union proud to announce Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These developments reflect the ...
Other

The Power of Rapid Decisions in Indirect Lending: Leveraging Technology for Success

Houston, TX | July 18, 2023. The need for rapid decisions has become a crucial trend in indirect lending within ...
Strategic Partnerships

Texas Bay Credit Union Partners with Eltropy to Elevate Member Experience through Expanded Digital Communication Channels

Eltropy, the leading enterprise-wide digital conversations platform for community financial institutions, today announced it has partnered with Texas Bay Credit ...
Marketing

BCC changes name to KellMoore & Associates

Announcement of new name
Making A Difference

Plain View Community Coalition Receives SECU Foundation Grant for Strategic Planning

Plain View Community Coalition (PVCC) recently received a $40,000 grant from SECU Foundation to help further its mission to promote ...
Lending

Origence Hosts Economic and Lending Webcast with Elliot Eisenberg

Origence, the leading lending technology solutions provider for credit unions, is hosting a free webcast entitled “The US Economy: Rising ...
Strategic Partnerships

TEG Federal Credit Union Partners With Arkatechture

Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has formed ...
Technology

InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate

InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy’s cutting-edge ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 28, 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

GTE Financial’s Judging Panel Awards 26 Lucky Recipients For 12th Annual Student Scholarship Program

As a leading not-for-profit credit union, GTE Financial continues to support education and young adults in the Tampa Bay area ...
Other

$2.5 Billion Credit Union Partners with CUSO Financial Services

Polish & Slavic Joins CFS Because of Established Startup Experience
Making A Difference

UMassFive Aids Local Farmers with Flood Relief Donations

Hadley, MA – UMassFive College Federal Credit Union (UMassFive) is proud to announce its recent donation of $2,500 to aid ...
Other

$252 Million One Credit Union Joins CUSO Financial Services

New England-Based One Credit Union Expands Member Services with New Partnership
Technology

Unitus Community Credit Union Launches Spanish-Language Chatbot with Glia

Credit union is the first in the Pacific Northwest to offer a Spanish-speaking chatbot New York, July 26, 2023 – ...
Strategic Partnerships

Eltropy and Origence Partnership Elevates Loan Origination Experience for Consumers

Eltropy, the leading digital communications platform for community financial institutions (CFIs), and Origence, the leading lending technology solutions provider for ...
Technology

Origence and Eltropy Partnership Elevates Loan Origination Experience for Consumers

Origence, the leading lending technology solutions provider for credit unions, and Eltropy, the leading digital communications platform for community financial ...
Strategic Partnerships

A CUSO and an Association Collaborate to Deliver Competitive Health Plans to Business Members

InterLutions recently launched a partnership with the Healthcare Credit Union Association (HCUA) to help credit unions deliver competitive health plans ...
Personnel Promotions

United Federal Credit Union Promotes Two to Lead Member Experience and Personalization Efforts

United Federal Credit Union is excited to announce two promotions aimed at increasing member services. Kylie Glupker has been named ...
Other

CUES Directors Conference 2023 Heads to Lahaina, Maui, HI

CUES Directors Conference, the must-attend event for credit union board members, is heading to Lahaina, Maui, HI, December 10-13, talent ...
Making A Difference

SECU Foundation Grant Helps New Hanover County Non-Profit Open Doors to New Shelter

SECU Foundation recently announced its support for Domestic Violence Shelter & Services, Inc. (DVSS), providing $450,000 in funding to complete ...
Making A Difference

Mazuma Credit Union is Bringing “I Love My Credit Union Day” Festivities to KC

In cooperation with Envisant, a subsidiary of the Illinois Credit Union League (ICUL), Kansas City’s Mazuma Credit Union will host ...
Operations & HR

OCCU’s four-day workweek pilot shows benefits for members and team

Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already ...
Personnel Promotions

United Federal Credit Union Names New Mortgage Advisor in Reno, Nevada

United Federal Credit Union (United) is pleased to announce the appointment of Beatriz Pico to Mortgage Advisor in Reno. Pico ...
Making A Difference

SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students

State Employees’ Credit Union (SECU) announced today its support for the 2023 Governor’s School Supply Drive to help teachers and ...
Industry Analysis & Trends

How Financial Institutions Should Prepare for the Return of Student Loan Repayments

With President Biden’s student loan relief plan invalidated by the Supreme Court, borrowers will resume payments on their student loans ...
Industry Analysis & Trends

Baker Market Update – Week in Review: July 21, 2023

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

Catalyst Corporate Announces First Member Credit Union is Live on the Federal Reserve’s FedNow Service through Catalyst

Catalyst Corporate Federal Credit Union announces Tucson, Arizona-based Pima Federal Credit Union is now live and successfully receiving instant payment ...
New Product Releases

Vertifi Software Supports the FedNow Service, Advancing U.S. Payments System

Vertifi Software, LLC, (“Vertifi”) announced today it is now supporting live transactions on the Federal Reserve’s new instant payment rail, ...
New Product Releases

EasCorp Joins the FedNow Service

Eastern Corporate Federal Credit Union (“EasCorp”) announced it is live on the Federal Reserve’s new instant payment rail, the FedNow ...
Other

We Florida Financial Chooses CUSO Financial Services

$750 million credit union is sixth to join CUSO Financial Services (CFS) from LPL this Quarter
Personnel Promotions

Advia Credit Union proud to announce Key New Hires and Promotions

Advia Credit Union is pleased to announce various internal promotions and new hires within the organization. These developments reflect the ...
Other

The Power of Rapid Decisions in Indirect Lending: Leveraging Technology for Success

Houston, TX | July 18, 2023. The need for rapid decisions has become a crucial trend in indirect lending within ...
Strategic Partnerships

Texas Bay Credit Union Partners with Eltropy to Elevate Member Experience through Expanded Digital Communication Channels

Eltropy, the leading enterprise-wide digital conversations platform for community financial institutions, today announced it has partnered with Texas Bay Credit ...
Marketing

BCC changes name to KellMoore & Associates

Announcement of new name
Making A Difference

Plain View Community Coalition Receives SECU Foundation Grant for Strategic Planning

Plain View Community Coalition (PVCC) recently received a $40,000 grant from SECU Foundation to help further its mission to promote ...
Lending

Origence Hosts Economic and Lending Webcast with Elliot Eisenberg

Origence, the leading lending technology solutions provider for credit unions, is hosting a free webcast entitled “The US Economy: Rising ...

GTE Financial Kicks Off 14th Annual Student Scholarship Program to Support Academic Excellence and Community Engagement

GTE Financial is thrilled to announce applications are now open for the 14th Annual Student Scholarship Program. This year, the credit union will award $3,000 ...

United Federal Credit Union Names New Mortgage Advisor in Northern Michigan

United Federal Credit Union (United) is pleased to announce the appointment of Mike White to Mortgage Advisor serving the Traverse City area.

SECU Foundation Awards $2 Million Grant to Support Expansion of the North Carolina Aquarium at Fort Fisher

SECU Foundation has awarded a $2 million capital grant to the North Carolina Aquarium Society, contributing to the expansion of the North Carolina Aquarium at ...

Algebrik AI and Conductiv Elevate Lending with Permissioned Data, Automated Stipulations, and Smarter Underwriting

Algebrik AI, the world’s first cloud-native, AI-powered Loan Origination Platform (LOS), has announced a strategic partnership with Conductiv to enhance credit unions’ lending capabilities. By ...

Pioneer Valley Credit Union Speeds Loan Processing with Eltropy’s AI-Powered Digital Platform

Eltropy, the leading AI-powered digital conversations platform for community financial institutions (CFIs), announced today that Pioneer Valley Credit Union has moved 90% of its loan ...

Baker Market Update – Week in Review: February 21, 2025

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