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.
LGE Community Credit Union to acquire Greater Community Bank
December 16, 2022
LGE Community Credit Union has announced that it has entered into a definitive agreement to purchase Greater Community Bank, a ...
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
December 16, 2022
Digital communications platform leader Eltropy shares how credit unions can use Multi-factor authentication tools – including Text, Video calling, and ...
Baker Market Update – Week in Review: December 16, 2022
December 16, 2022
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
December 16, 2022
Digital communications platform leader Eltropy shares how community banks and credit unions can use MFA – including Text, Video calling, ...
PSCU Announces Annual Dividend for Fiscal Year 2022
December 15, 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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 13, 2022
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
December 13, 2022
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
December 13, 2022
Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
TruMark Financial® Credit Union Press Release
December 12, 2022
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
December 12, 2022
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
December 10, 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
December 8, 2022
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
December 8, 2022
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
December 8, 2022
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
December 8, 2022
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
December 7, 2022
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
December 7, 2022
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
December 6, 2022
InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
LGE Community Credit Union to acquire Greater Community Bank
December 16, 2022
LGE Community Credit Union has announced that it has entered into a definitive agreement to purchase Greater Community Bank, a ...
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
December 16, 2022
Digital communications platform leader Eltropy shares how credit unions can use Multi-factor authentication tools – including Text, Video calling, and ...
Baker Market Update – Week in Review: December 16, 2022
December 16, 2022
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic ...
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
December 16, 2022
Digital communications platform leader Eltropy shares how community banks and credit unions can use MFA – including Text, Video calling, ...
PSCU Announces Annual Dividend for Fiscal Year 2022
December 15, 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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 15, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 14, 2022
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
December 13, 2022
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
December 13, 2022
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
December 13, 2022
Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
TruMark Financial® Credit Union Press Release
December 12, 2022
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
December 12, 2022
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
December 10, 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
December 8, 2022
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
December 8, 2022
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
December 8, 2022
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
December 8, 2022
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
December 7, 2022
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
December 7, 2022
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
December 6, 2022
InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
Gulf Winds Cares Foundation Awards $25,000 in Scholarships
Gulf Winds Credit Union
May 30, 2024
The Gulf Winds Cares Foundation awarded $25,000 in scholarships this year to five outstanding students: Kenna Alverson, Edward Bridges, Garrett Hogan, William Kroger, and John ...
LGE Community Credit Union celebrates grand opening of newly relocated Roswell branch
LGE Community Credit Union
May 24, 2024
On Thursday, May 9, LGE Community Credit Union celebrated the official grand opening of its Roswell branch, located at 655 Holcomb Bridge Road, Roswell, GA ...
Civic Local Foundation awards 125K in college scholarships
Local Government Federal Credit Union
May 24, 2024
Civic Local Foundation, made possible by funding from Civic and Local Government Federal Credit Unions (LGFCU), is proud to announce that 25 students from various ...
cPort Credit Union Joins Velera’s Co-op ATM Network, Benefiting Credit Union Members Throughout Maine
Velera
May 24, 2024
Velera – formerly PSCU/Co-op Solutions – has announced that cPort Credit Union has joined the Co-op ATM network.
Eltropy EMERGE 2024 User Conference Brings the Hottest Topics for Credit Unions into Focus, Launches Customer Community
Eltropy
May 24, 2024
Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), hosted its annual EMERGE 2024 user conference last week in Santa Clara, California. The ...
GTE Financial Promotes Julie Smith To Assistant Vice President Of Internal Auditing
GTE Financial Federal Credit Union
May 24, 2024
Locally owned and operated credit union GTE Financial is pleased to announce the promotion of long-time team member Julie Smith from Internal Auditing Manager to ...