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.
Redwood Credit Union Encourages Young Savers to “Unleash the Power of Saving” Throughout April
Redwood Credit Union is celebrating Credit Union Youth Month in April, along with credit unions across the United States.
Alloya Corporate FCU Acquires QCash Financial and Brings Automated Lending Solutions to Credit Unions
Alloya Corporate Federal Credit Union and Washington State Employees Credit Union (WSECU) have announced they are entering a strategic partnership under which, effective March 31, 2023, Alloya acquired QCash Financial, LLC. Since 2015, QCash Financial has offered tech-forward and inclusive lending solutions as a wholly-owned credit union service organization (CUSO) of WSECU. Moving forward, QCash
United Federal Credit Union Focuses on Financial Literacy in Local Communities
The basics of finances. Do you remember when you learned them? For the communities where United Federal Credit Union (United) is located, some of the information comes directly from Team United.
Horizon Credit Union Expands Senior Management Team
To keep up with the continued growth of the organization, Horizon Credit Union is proud to announce the expansion of their senior management team and the promotion of three directors to vice president.
AMOCO FCU Welcomed as Owner-Investor in CU Alliance CUSO
CU Alliance®, a multi-service Houston Credit Union Service Organization (CUSO), is pleased to welcome AMOCO Federal Credit Union as an owner-investor.
Synergent Takes Home Three CUNA Diamond Awards for Marketing Excellence
Synergent is pleased to announce it has been honored with three CUNA Marketing & Business Development Council Diamond Awards for campaigns completed in collaboration with credit unions it serves (Casco FCU, Bangor FCU, and Franklin-Somerset FCU). The awards were presented at the CUNA Marketing & Business Development Conference on March 28 in Orlando, Florida.
Gulf Winds staff members donate $10,752 to the Studer Family Children’s Hospital at Ascension Sacred Heart in partnership with NAFCU
Gulf Winds and the National Association of Federally-Insured Credit Unions (NAFCU) presented the Studer Family Children’s Hospital at Ascension Sacred Heart with a donation of $10,752 on April 4, 2023. This gift was made possible by the culmination of weekly donations from Gulf Winds staff members that participated in the casual day jeans program.
Credit Unions Take Action to Overcome Labor Shortage Challenge
Credit unions face an unprecedented labor shortage – with fierce competition for skilled labor and a dwindling talent pool. To address this challenge, credit union leaders from Southern California recently gathered to discuss best practices and strategies for doing more with less – and thriving – even during the current staffing shortage. As the latest
Baker Market Update – Week in Review: April 07, 2023
Released every Friday, BMU is a brief and informative newsletter that provides financial institutions a review of the week’s economic developments.
Indiana Members Credit Union Contributes $3,500 to Brownsburg Community Schools
Indiana Members Credit Union presented a check for $3,500 to Brownsburg High School Athletics as part of an ongoing school spirit debit card program.
Indiana Members Credit Union Contributes $10,000 to IWIN Foundation for Cancer Awareness Card
On behalf of Indiana Members Credit Union members, IMCU presented a check for $10,000 to IWIN (Indiana Women In Need) Foundation as part of its exclusive Cancer Awareness Debit Card Program.
Tower Federal Credit Union Celebrates 70 Years with a $70,000 Donation to Local Charities through the TowerCares Foundation
To celebrate Tower Federal Credit Union’s 70th anniversary, the TowerCares Foundation donated $70,000 to local charities supporting military heroes, Veterans and children in need. The donation coincided with Tower’s refreshed brand, logo, and website.
BCU WINS CUNA COUNCILS DIAMOND AWARD FOR EXCEPTIONAL MARKETING
BCU has been honored with a 2023 Diamond Award by the Credit Union National Association (CUNA) Marketing and Business Development Council. The CUNA Councils Diamond Awards is a prestigious annual marketing competition that recognizes credit unions for creative excellence and outstanding results.
SECU Foundation Provides Grant to Dunn Non-Profit to Build Capacity and Grow Afterschool Programs
SECU Foundation awarded the Dunn Police Athletic & Activities League (PAL) a grant of $40,000 to help the non-profit build capacity and expand programs for youth in Harnett County. With the motto, “filling playgrounds, not prisons,” PAL offers students multifaceted afterschool programs geared toward academic support, leadership development, and athletics while instilling values.
CUSO Home Lending Installs Veteran Financial Executive as President & CEO
Lori Michaud has been selected by the CUSO Home Lending Board of Directors as the organization’s President and CEO. Michaud has been the interim CEO since September 2022, guiding the business—and customers—through a dynamic and sometimes difficult real estate and lending market.
Maine Family Federal Credit Union Extends Sharetec Partnership For An Additional Ten Years
Sharetec is pleased to announce long-time customer Maine Family Federal Credit Union, a Maine-based credit union with over $256 million in total assets, has extended its contract with Sharetec for an additional ten years. Sharetec is vested in Maine Family FCU’s long-term success and is committed to providing them with unparalleled support and innovative technology
River Region Credit Union Partners with Student Choice to Offer Private Student Lending and Refinance Solutions
Credit Union Student Choice announced that it has partnered with River Region Credit Union ($454mm in assets; 28,780 members; based in Jefferson City, MO) to offer student lending solutions to its members.
100 Black Men of Triangle East Receives SECU Foundation Grant to Increase Community Impact
SECU Foundation recently provided a $40,000 grant to 100 Black Men of Triangle East (100BMTE), a Wake County non-profit founded to improve the lives of Black youth through programs that focus on mentoring, health and wellness, education, and economic empowerment. The grant will address the organization’s planning goals and fundraising strategies for growth and impact
Supporting Access to Business Assistance Programs to Improve Financial Equity
The Illinois Credit Union League is partnering with the Illinois Hispanic Chamber of Commerce and local credit unions to offer assistance to small businesses and entrepreneurs in Northeast Illinois.
United Federal Credit Union Appoints Ron Johnson to Branch Manager in Springdale
United Federal Credit Union (United) has appointed Ron Johnson the position of Branch Manager at its branch at Har-Ber Meadows branch at 6706 W. Sunset Ave. in Springdale, Arkansas.
Redwood Credit Union Promotes Mishel Kaufman to Chief Administrative and Risk Officer
Mishel Kaufman has been promoted to chief administrative and risk officer for Redwood Credit Union.
CUAC Helps 1ST Gateway CU Gain a Competitive Edge in the Market
In 2019, 1st Gateway Credit Union began the search for a new partner for their indirect lending solution. The software they utilized at the time was slow and redundant. In addition to the technological issues, costs were escalating and their service deteriorating. The credit union began the search for a provider that would significantly increase
$500,000 Grant to Homeward Bound for Housing Complex Will Benefit Homeless Population in Asheville Area
SECU Foundation recently announced its support for the Buncombe County non-profit Homeward Bound, providing a $500,000 grant for the development of an 85-unit permanent supportive housing complex to address the growing homeless population in the Asheville area.
United Federal Credit Union Supports Marion City Schools Students to Launch Start-Up Coffee Shop
United Federal Credit Union offered support to a local high school class in Marion, OH as it worked to build a brand-new coffee business.
Redwood Credit Union Encourages Young Savers to “Unleash the Power of Saving” Throughout April
Joseph Yanez promoted to Manager of Greater Texas’ San Marcos Branch
Unitus Community Credit Union and New Zealand First Credit Union Partner in Exchange Program
AMOCO FCU Welcomed as Owner-Investor in CU Alliance CUSO
Horizon Credit Union Expands Senior Management Team
Gulf Winds staff members donate $10,752 to the Studer Family Children’s Hospital at Ascension Sacred Heart in partnership with NAFCU
Synergent Takes Home Three CUNA Diamond Awards for Marketing Excellence
Indiana Members Credit Union Contributes $10,000 to IWIN Foundation for Cancer Awareness Card
Indiana Members Credit Union Contributes $3,500 to Brownsburg Community Schools
Baker Market Update – Week in Review: April 07, 2023
Credit Unions Take Action to Overcome Labor Shortage Challenge
CUSO Home Lending Installs Veteran Financial Executive as President & CEO
SECU Foundation Provides Grant to Dunn Non-Profit to Build Capacity and Grow Afterschool Programs
BCU WINS CUNA COUNCILS DIAMOND AWARD FOR EXCEPTIONAL MARKETING
Tower Federal Credit Union Celebrates 70 Years with a $70,000 Donation to Local Charities through the TowerCares Foundation
United Federal Credit Union Appoints Ron Johnson to Branch Manager in Springdale
Supporting Access to Business Assistance Programs to Improve Financial Equity
100 Black Men of Triangle East Receives SECU Foundation Grant to Increase Community Impact
River Region Credit Union Partners with Student Choice to Offer Private Student Lending and Refinance Solutions
Maine Family Federal Credit Union Extends Sharetec Partnership For An Additional Ten Years
Redwood Credit Union Promotes Mishel Kaufman to Chief Administrative and Risk Officer
United Federal Credit Union Supports Marion City Schools Students to Launch Start-Up Coffee Shop
$500,000 Grant to Homeward Bound for Housing Complex Will Benefit Homeless Population in Asheville Area
CUAC Helps 1ST Gateway CU Gain a Competitive Edge in the Market
Redwood Credit Union Encourages Young Savers to “Unleash the Power of Saving” Throughout April
Joseph Yanez promoted to Manager of Greater Texas’ San Marcos Branch
Unitus Community Credit Union and New Zealand First Credit Union Partner in Exchange Program
AMOCO FCU Welcomed as Owner-Investor in CU Alliance CUSO
Horizon Credit Union Expands Senior Management Team
Gulf Winds staff members donate $10,752 to the Studer Family Children’s Hospital at Ascension Sacred Heart in partnership with NAFCU
Synergent Takes Home Three CUNA Diamond Awards for Marketing Excellence
Indiana Members Credit Union Contributes $10,000 to IWIN Foundation for Cancer Awareness Card
Indiana Members Credit Union Contributes $3,500 to Brownsburg Community Schools
Baker Market Update – Week in Review: April 07, 2023
Credit Unions Take Action to Overcome Labor Shortage Challenge
CUSO Home Lending Installs Veteran Financial Executive as President & CEO
SECU Foundation Provides Grant to Dunn Non-Profit to Build Capacity and Grow Afterschool Programs
BCU WINS CUNA COUNCILS DIAMOND AWARD FOR EXCEPTIONAL MARKETING
Tower Federal Credit Union Celebrates 70 Years with a $70,000 Donation to Local Charities through the TowerCares Foundation
United Federal Credit Union Appoints Ron Johnson to Branch Manager in Springdale
Supporting Access to Business Assistance Programs to Improve Financial Equity
100 Black Men of Triangle East Receives SECU Foundation Grant to Increase Community Impact
River Region Credit Union Partners with Student Choice to Offer Private Student Lending and Refinance Solutions
Maine Family Federal Credit Union Extends Sharetec Partnership For An Additional Ten Years
Redwood Credit Union Promotes Mishel Kaufman to Chief Administrative and Risk Officer
United Federal Credit Union Supports Marion City Schools Students to Launch Start-Up Coffee Shop
$500,000 Grant to Homeward Bound for Housing Complex Will Benefit Homeless Population in Asheville Area
CUAC Helps 1ST Gateway CU Gain a Competitive Edge in the Market
Maine Family Federal Credit Union Raises Over $1,000 in One Day for the Campaign for Ending Hunger
Amrita Prasad of SafeAmerica Credit Union Featured on Women of Community Banking Video Podcast
SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships
Eltropy Showcases AI-Driven Solutions at VentureTech 2024, Celebrates Industry Innovation
Advia Credit Union Launches Instant Payments with FedNow® and RTP, Enhancing Member Experience
Cetera Welcomes Eglin Federal Credit Union
