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.
Maine Credit Union League and Synergent Board Appoints Industry Veteran Cris Wescott as Interim President/CEO
The Maine Credit Union League and Synergent® Board of Directors has appointed Cris Wescott as Interim President/CEO. Wescott will fill the role previously held by Todd Mason, who is returning to his home state of Michigan later this summer. Wescott has over 36 years with the combined organizations and currently serves as Chief Financial Officer
Baker Market Update – Week in Review: June 23, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Coastal Credit Union Foundation Awards Grants to Three Local Nonprofits
The Coastal Credit Union Foundation announced today that it has awarded $170,000 to three nonprofits in North Carolina. The Foundation’s most recent grantees include: • Catholic Charities of the Dioceses of Raleigh $30K • The Women’s Center of Wake County $40K • Band Together and United Way: Mighty Giveback $100K
SafeAmerica Credit Union Marketing Department Wins 2 Awards At The Annual Marketing Association Of Credit Unions Conference.
The marketing team at SafeAmerica Credit Union took home two coveted awards at the annual Marketing Association of Credit Unions (MAC) conference for their marketing campaign efforts in the 2022 calendar year.
Texas Trust CEO Jim Minge Named Most Admired CEO in North Texas
Jim Minge, CEO of Texas Trust Credit Union, has been named a 2023 Most Admired CEO by the Dallas Business Journal.
Listerhill’s Past and Present Help Forge Alabama’s Future
HB 164, which was just passed by the Alabama State Legislature and signed into law by Governor Kay Ivey, was more than just an effort to put financial literacy into Alabama high schools – it has been a decades-long quest by Listerhill Credit Union to bring financial education to the forefront in every local community.
NACUSO Names Ronaldo Hardy President/CEO
The Board of Directors of NACUSO (National Association of Credit Union Service Organizations) is pleased to announce the selection of Ronaldo Hardy as the organization’s new President/CEO. “NACUSO is a dynamic, energetic, and collaborative organization,” said Becky Reed, Chairperson of the NACUSO Board. “Ronaldo embodies all of those qualities, which made him an ideal choice
GTE Financial Wins Three Awards For Innovative Marketing, Including Silver in Social Media
GTE Financial, Tampa’s premier not-for-profit credit union, is a winning recipient of three awards at the 2023 Marketing Association of Credit Unions (MAC) national competition. The credit union received Silver for its exceptional social media efforts, a Bronze for its Instant Cash Brochure, and another Bronze for its Virtual Product Tutorials.
Oregon legislature passes high school financial literacy bill
The Oregon Legislature has just passed SB 3, which guarantees high school students a full semester credit of personal finance education as part of the graduation requirement.
encurage financial network Announces Executive Management Team
encurage financial network Announces Executive Management Team Chicago, IL – The encurage financial network, a collaborative effort of four credit unions and three credit union service organizations (CUSOs), is pleased to announce its executive management team. Michael Abraham has previously been announced as President and CEO of encurage. With over 20 years of experience in
UMassFive Helps Award $4,000 in Scholarships
UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Firas Hashmi, and Jack Wagner, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Pioneer Valley Chapter of Credit Unions.
RenoFi Signs Distribution Agreement with TruStage to Help Credit Unions Offer Next Generation Home Renovation Loans to Their Members
RenoFi’s “Renovation Underwriter” empowers credit unions to offer after-renovation-value home equity loans by underwriting the risk of the renovation and by providing a fully digital, end-to-end process for the homeowner and credit union. RenoFi announced today it has signed a distribution agreement with TruStage to bring home renovation financing solutions to credit unions across the
StarTribune Names TopLine Financial Credit Union A 2023 National Standard Top Workplace
opLine Financial Credit Union has been named one of the Top Workplaces in Minnesota by the Star Tribune. A complete list of those selected is available online at Star Tribune Top Workplace 2023. Produced by the same team that compiles the 32-year-old Star Tribune 100 report of the best-performing public companies in Minnesota, Top Workplaces
Baker Market Update – Week in Review: June 16, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Truliant Completes 742 Panel Rooftop Solar Installation at Operations Center
Truliant Federal Credit Union has completed a 742 panel solar installation on the roof of its new Hanes Mall Operations Center.
Benjamin Rempe Joins National Cooperative Bank Credit Union Team as Senior Vice President
National Cooperative Bank (NCB), a leading financial institution dedicated to servicing credit unions and cooperatives nationwide is pleased to announce that Benjamin Rempe has joined the Credit Union team as Senior Vice President. In his new role at NCB, Mr. Rempe will help grow NCB’s credit union line of business offering correspondent services, treasury services,
Alloya’s 2023 Credit Union Executive Leadership Symposium Returns to Las Vegas this September
In its ninth year, Alloya’s Credit Union Executive Leadership Symposium will return to The Palazzo at The Venetian Resort in Las Vegas from September 6-8, 2023.
Synergent Partners with the Cooperative Credit Union Association to Offer Marketing and Statement Services
Synergent® and the Cooperative Credit Union Association (CCUA) are partnering to provide Synergent’s Marketing Suite of Services and Statement Processing to credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island. The partnership, announced last week at CCUA’s CU Marketplace tradeshow, will empower the two organizations to work together (or independently) to further meet the
Credit Unions Talk Technology at Origence’s Lending Tech Live ’23 Conference
Origence, the leading lending technology solutions provider for credit unions, concluded its annual conference, Lending Tech Live ’23. The event brought together leaders from hundreds of credit unions across the country, along with auto dealers, fintech executives, and technology providers. Keynote sessions were delivered by notable figures such as Steve Forbes, chairman and editor-in-chief of
LGE Community Credit Union awards $32,500 in scholarships to local high school students
LGE Community Credit Union is proud to announce the winners of the 2023 LGE Community Credit Union Scholarship and the Positive Athlete LGE Extra Credit Award. These awards reflect the credit union’s commitment to education and are designed to support high school students from Bartow, Cherokee, Cobb, Douglas, Fulton, and Paulding counties.
MeridianLink Helps Florida’s Third Largest Credit Union Increase Automated Approvals by Over 25%
Space Coast Credit Union achieves significant workflow gains and enhanced member experience with reduced application decisioning and funding times through use of the MeridianLink One platform
Orange County’s Credit Union Welcomes Barb Krol as Chief Associate Experience Officer
Orange County’s Credit Union is pleased to announce the appointment of human resources expert Barb Krol as Chief Associate Experience Officer, leading the human resources department as well as the learning and development teams to ensure meaningful growth and professional development for all associates. Barb brings her impressive 25 years of professional experience in human
Origence Announces arc DX Integration with ICG
Origence, the nation’s leading provider of lending software and solutions to the credit union industry, announced a partnership with iCheckGateway.com, iCG, an all-in-one payment solutions gateway set to streamline payment solutions across the origination platform and digital experience. The integration will work with new account funding giving credit unions the power to accept a wide
North Carolina State Employees’ Credit Union Board of Directors Names New CEO
State Employees’ Credit Union (SECU) Board of Directors announced today that Leigh Brady has been named CEO. The appointment follows the resignation of Jim Hayes, who is leaving SECU to become CEO of State Department Federal Credit Union in Alexandria, Virginia. Brady is the Credit Union’s first female CEO.
SDFCU Announces Jim Hayes as New CEO
Alexandria, VA, June 13, 2023 — State Department Federal Credit Union (SDFCU) is pleased to announce Jim Hayes as its new President/CEO effective July 31, 2023. He succeeds Jan Roche who is retiring after twenty years of service with SDFCU. “The board is excited to welcome Jim Hayes as our new President/CEO. Jim is an
Horizon Credit Union Raises Nearly $20k for CU4Kids Campaign
From May 1 to May 19, Horizon Credit Union members and employees teamed up to raise $19,521 for the annual Credit Unions for Kids (CU4Kids) campaign, far exceeding this year’s goal of $15,000.
Revolutionizing Employee Benefits: CUSO Reveals Success Stories from Leading Credit Unions
InterLutions, an innovative employee benefits CUSO, recently hosted a forum exclusively for large credit unions to share their “results of collaboration.” The CUSO was formed to help lower medical insurance costs, mitigate the risk of high-cost claims, and enhance employee benefit plans. Please see the full press release and graphic attached.
CUSO Financial Services Welcomes Allegent Community Federal Credit Union
$278 million Allegent Community Federal Credit Union is third financial institution to join CUSO Financial Services from LPL Financial this month.
Outsourcing Collections to the Right Partner Will Lead to More Effective Debt Recovery
Outsourcing collections, especially to an all-inclusive partner, can help navigate potential pain points and avoid a decrease in staffing due to low employee performance and morale.
Arizona Department of Insurance and Financial Institutions Receives 2023 NASCUS Accreditation
The National Association of State Credit Union Supervisors (NASCUS) is proud to announce that the Arizona Department of Insurance and Financial Institutions (DIFI) has earned Accreditation following a series of in-depth reviews and assessments by a panel of veteran state supervisors.
Coastal Credit Union Foundation Awards Grants to Three Local Nonprofits
Baker Market Update – Week in Review: June 23, 2023
Maine Credit Union League and Synergent Board Appoints Industry Veteran Cris Wescott as Interim President/CEO
Indiana Members Credit Union Contributes $1,907 to Ascension St. Vincent Foundation
Texas Trust CEO Jim Minge Named Most Admired CEO in North Texas
GTE Financial Wins Three Awards For Innovative Marketing, Including Silver in Social Media
NACUSO Names Ronaldo Hardy President/CEO
Listerhill’s Past and Present Help Forge Alabama’s Future
UMassFive Helps Award $4,000 in Scholarships
encurage financial network Announces Executive Management Team
Oregon legislature passes high school financial literacy bill
StarTribune Names TopLine Financial Credit Union A 2023 National Standard Top Workplace
RenoFi Signs Distribution Agreement with TruStage to Help Credit Unions Offer Next Generation Home Renovation Loans to Their Members
Baker Market Update – Week in Review: June 16, 2023
Credit Unions Talk Technology at Origence’s Lending Tech Live ’23 Conference
Synergent Partners with the Cooperative Credit Union Association to Offer Marketing and Statement Services
Alloya’s 2023 Credit Union Executive Leadership Symposium Returns to Las Vegas this September
Benjamin Rempe Joins National Cooperative Bank Credit Union Team as Senior Vice President
Truliant Completes 742 Panel Rooftop Solar Installation at Operations Center
MeridianLink Helps Florida’s Third Largest Credit Union Increase Automated Approvals by Over 25%
LGE Community Credit Union awards $32,500 in scholarships to local high school students
CUSO Financial Services Welcomes Allegent Community Federal Credit Union
Revolutionizing Employee Benefits: CUSO Reveals Success Stories from Leading Credit Unions
Horizon Credit Union Raises Nearly $20k for CU4Kids Campaign
SDFCU Announces Jim Hayes as New CEO
North Carolina State Employees’ Credit Union Board of Directors Names New CEO
Origence Announces arc DX Integration with ICG
Orange County’s Credit Union Welcomes Barb Krol as Chief Associate Experience Officer
Chief Financial Credit Union Encourages Budget-Friendly Summers with Children Out of School
Arizona Department of Insurance and Financial Institutions Receives 2023 NASCUS Accreditation
Coastal Credit Union Foundation Awards Grants to Three Local Nonprofits
Baker Market Update – Week in Review: June 23, 2023
Maine Credit Union League and Synergent Board Appoints Industry Veteran Cris Wescott as Interim President/CEO
Indiana Members Credit Union Contributes $1,907 to Ascension St. Vincent Foundation
Texas Trust CEO Jim Minge Named Most Admired CEO in North Texas
GTE Financial Wins Three Awards For Innovative Marketing, Including Silver in Social Media
NACUSO Names Ronaldo Hardy President/CEO
Listerhill’s Past and Present Help Forge Alabama’s Future
UMassFive Helps Award $4,000 in Scholarships
encurage financial network Announces Executive Management Team
Oregon legislature passes high school financial literacy bill
StarTribune Names TopLine Financial Credit Union A 2023 National Standard Top Workplace
RenoFi Signs Distribution Agreement with TruStage to Help Credit Unions Offer Next Generation Home Renovation Loans to Their Members
Baker Market Update – Week in Review: June 16, 2023
Credit Unions Talk Technology at Origence’s Lending Tech Live ’23 Conference
Synergent Partners with the Cooperative Credit Union Association to Offer Marketing and Statement Services
Alloya’s 2023 Credit Union Executive Leadership Symposium Returns to Las Vegas this September
Benjamin Rempe Joins National Cooperative Bank Credit Union Team as Senior Vice President
Truliant Completes 742 Panel Rooftop Solar Installation at Operations Center
MeridianLink Helps Florida’s Third Largest Credit Union Increase Automated Approvals by Over 25%
LGE Community Credit Union awards $32,500 in scholarships to local high school students
CUSO Financial Services Welcomes Allegent Community Federal Credit Union
Revolutionizing Employee Benefits: CUSO Reveals Success Stories from Leading Credit Unions
Horizon Credit Union Raises Nearly $20k for CU4Kids Campaign
SDFCU Announces Jim Hayes as New CEO
North Carolina State Employees’ Credit Union Board of Directors Names New CEO
Origence Announces arc DX Integration with ICG
Orange County’s Credit Union Welcomes Barb Krol as Chief Associate Experience Officer
Chief Financial Credit Union Encourages Budget-Friendly Summers with Children Out of School
Arizona Department of Insurance and Financial Institutions Receives 2023 NASCUS Accreditation
UMassFive Announces New Board Member Peter Rosskothen
Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary
For Immediate Release: First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)
Truliant Continues Upstate S.C. Expansion with New Branch in Mauldin
Post Office Employees’ Credit Union (POECU) Partners with Sharetec to Streamline Operations & Improve the Member Experience
IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer