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.
Mike Venegas Joins Redwood Credit Union as Vice President and General Manager of RCU Auto Services
Redwood Credit Union welcomes Mike Venegas as the new vice president and general manager of RCU Auto Services.
Corporate One President/CEO Melissa Ashley Appointed to The Clearing House’s RTP® Business Committee
Corporate One Federal Credit Union, an industry leader in immediate payments, announced today that President/CEO Melissa Ashley has been appointed as a member of The Clearing House’s (TCH) RTP Business Committee. The RTP Business Committee is responsible for ensuring the success of TCH’s RTP network, the U.S.’s first 24/7 real-time payments system.
Tyndall Federal Credit Union shares $13 million in profits with its member-owners
Tyndall Federal Credit Union returned 13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts. Individual amounts were calculated based on participation with the credit union and ranged from $70 to $420.
NEFCU ANNOUNCES 4TH QUARTER AND YEAR-END DONATIONS
New England Federal Credit Union (NEFCU) Announced Recipients of its Fourth Quarter and Year-End Donations
Co-op Solutions Completes 2022 with Key Accomplishments
In a year when the company rebranded as Co-op Solutions, the credit union movement’s leading payments and financial technology partner recorded a series of key achievements in service to credit union growth and member prosperity.
United Federal Credit Union Mortgage Advisor Named ‘Affiliate of the Year’
United Federal Credit Union (United) Mortgage Advisor, Carla McFarland, has been named ‘Affiliate of the Year’ by the Women’s Council of Realtors Greater South Bend.
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
Digital communications platform leader Eltropy shares how community banks and credit unions can use MFA – including Text, Video calling, and Real-time photo ID verification – plus existing technologies to protect against increasingly sophisticated fraudsters during the holidays.
Baker Market Update – Week in Review: December 16, 2022
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
Digital communications platform leader Eltropy shares how credit unions can use Multi-factor authentication tools – including Text, Video calling, and Real-time photo ID verification – plus existing technologies to protect against increasingly sophisticated fraudsters during the holidays
LGE Community Credit Union to acquire Greater Community Bank
LGE Community Credit Union has announced that it has entered into a definitive agreement to purchase Greater Community Bank, a community bank with branches in Bartow, Floyd, and Gordon counties.
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 systems, technology systems, enterprise data, external specialty contractors and strategic vendors and partnerships.
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 and partnerships to bridge early education, health services, and family support to meet the needs of young children and families.
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) program, earning nearly $8,000 in profits, which is being donated to Voices for Children of Brazos Valley. The Giving Tee was one of 10 companies launched by master level students participating in the class. The
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 Bay community and putting members first. The credit union is fulfilling the holiday wish lists of eight member families through its Make Hope Real initiative for the 9th consecutive year.
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. The organization is pleased to announce the promotions of Michael Simon to AVP of Investments and August Hopf to AVP of Insurance Agency.
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 cash
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 Chief Financial Officer. This position became available following the transition of Jeff Fielder, Advia’s former CFO, into his new role as Advia’s President & CEO in Fall of 2022. “We are very excited to
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.
United Federal Credit Union Names Director of Payments
United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
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 and grand opening celebrations.
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 weeklong storm caused major damage to their home due to an undetected broken water pipe which caused thousands of dollars of damage.
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 proactively develop strong relationships with senior level management of Corporate Central’s growing membership. Doherty spent more than 25 years at Fiserv in a variety of roles including leading a sales organization; managing relationships with large,
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 be managing Coastal’s employee recruiting and retention efforts. Humphrey’s leadership talents will guide performance and advancement and inspire employee engagement.
Jennifer Boyle Promoted to Senior Vice President of Lending
Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
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 IT experience to this role, including 16 years as CIO.
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 LoanStreet’s existing analytics suite by enabling loan portfolio managers and financial analysts to apply a powerful scenario analysis engine that forecasts the future Internal Rate of Return, along with future prepayment and charge-off rates. When
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 Children’s Hospital leadership on behalf of the Credit Unions for Kids Wine Auction executive committee.
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 members arrived at the hospital and began unloading two vans filled to the brim with toys for their patients. The credit union held a toy drive hoping to lift the patients’ spirits and spread a
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 developments.
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 (CFIs). Eltropy Founder and CEO Ashish Garg offers 3 tips: “Be smart about hiring, prepare to do more with less, and utilize technology such as Video Banking like there’s no tomorrow.”
OCCU employees award $20,000 to local charities and support families for the holidays
Peach State FCU Members and Staff Deliver Holiday Joy for Toys for Tots Program
Tyndall Federal Credit Union shares $13 million in profits with its member-owners
United Federal Credit Union Mortgage Advisor Named ‘Affiliate of the Year’
Co-op Solutions Completes 2022 with Key Accomplishments
NEFCU ANNOUNCES 4TH QUARTER AND YEAR-END DONATIONS
LGE Community Credit Union to acquire Greater Community Bank
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
Baker Market Update – Week in Review: December 16, 2022
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
PSCU Announces Annual Dividend for Fiscal Year 2022
GTE FINANCIAL PROMOTES NEW AVP OF INVESTMENTS AND AVP OF INSURANCE AGENCY
GTE FINANCIAL GIFTS HOLIDAY WISHLISTS TO 8 FAMILIES FOR THE 9TH CONSECUTIVE YEAR
Texas A&M IBE Companies Donate $21,000 in Profits to Local Charities
Children’s Council of Watauga County Receives $40,000 Grant to Expand Child Advocacy Programs
Securityplus Federal Credit Union Announces New Chief Information and Technology Officer
Coastal Credit Union Introduces Jen Humphrey as Vice President of Employee Experience
Corporate Central Welcomes Chuck Doherty as Executive Account Manager
Greater Texas Credit Union Gives $5,000 for Giving Tuesday Fundraising Campaign
Vantage Opens New Creve Coeur Branch; Marks Return to Its Roots
United Federal Credit Union Names Director of Payments
Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission
Advia Credit Union Hires New Chief Financial Officer, Dustin Adams
LoanStreet Launches Performance Analytics for Loan Participations
Coastal Credit Union Announces Murshid Khan as New Chief Information Officer
Jennifer Boyle Promoted to Senior Vice President of Lending
TruMark Financial® Credit Union Press Release
California Credit Unions Donate $284,000 for UCSF Benioff Children’s Hospital
Baker Market Update – Week in Review: December 09, 2022
Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services
OCCU employees award $20,000 to local charities and support families for the holidays
Peach State FCU Members and Staff Deliver Holiday Joy for Toys for Tots Program
Tyndall Federal Credit Union shares $13 million in profits with its member-owners
United Federal Credit Union Mortgage Advisor Named ‘Affiliate of the Year’
Co-op Solutions Completes 2022 with Key Accomplishments
NEFCU ANNOUNCES 4TH QUARTER AND YEAR-END DONATIONS
LGE Community Credit Union to acquire Greater Community Bank
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
Baker Market Update – Week in Review: December 16, 2022
Credit Unions Must Factor in Multi-Factor Authentication in the Fight Against Fraud
PSCU Announces Annual Dividend for Fiscal Year 2022
GTE FINANCIAL PROMOTES NEW AVP OF INVESTMENTS AND AVP OF INSURANCE AGENCY
GTE FINANCIAL GIFTS HOLIDAY WISHLISTS TO 8 FAMILIES FOR THE 9TH CONSECUTIVE YEAR
Texas A&M IBE Companies Donate $21,000 in Profits to Local Charities
Children’s Council of Watauga County Receives $40,000 Grant to Expand Child Advocacy Programs
Securityplus Federal Credit Union Announces New Chief Information and Technology Officer
Coastal Credit Union Introduces Jen Humphrey as Vice President of Employee Experience
Corporate Central Welcomes Chuck Doherty as Executive Account Manager
Greater Texas Credit Union Gives $5,000 for Giving Tuesday Fundraising Campaign
Vantage Opens New Creve Coeur Branch; Marks Return to Its Roots
United Federal Credit Union Names Director of Payments
Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission
Advia Credit Union Hires New Chief Financial Officer, Dustin Adams
LoanStreet Launches Performance Analytics for Loan Participations
Coastal Credit Union Announces Murshid Khan as New Chief Information Officer
Jennifer Boyle Promoted to Senior Vice President of Lending
TruMark Financial® Credit Union Press Release
California Credit Unions Donate $284,000 for UCSF Benioff Children’s Hospital
Baker Market Update – Week in Review: December 09, 2022
Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services
For Immediate Release: Central Willamette Credit Union Selects Luisa Herrera as Chief Experience Officer (CXO)
Interra Credit Union Partners With Arkatechture to Build Data Warehouse
Coastal Credit Union Foundation Awards $438k in Grants
41st Annual Tower Classic Golf Tournament Raises Over $68,000 for the Johns Hopkins Children’s Center
UMassFive Introduces New Human Resources Manager
SchoolsFirst FCU Honors Classified School Employees in Recognition Events Throughout California
