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
Personnel Promotions

United Federal Credit Union Names Director of Payments

United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
Making A Difference

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.
Personnel Promotions

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 Product Releases

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 ...
Personnel Promotions

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 ...
Personnel Promotions

Jennifer Boyle Promoted to Senior Vice President of Lending

Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
Charity Events

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 ...
Charity Events

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 ...
Borrowings

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 ...
Strategic Partnerships

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with ...
Investments

QuantyPhi Introduces Enhanced Mortgage Servicing Rights Valuation for Credit Unions

QuantyPhi, a CUSO specializing in credit union balance sheet optimization, recently announced an enhanced Mortgage Servicing Rights valuation model offering. ...
Making A Difference

Indiana Members Credit Union Contributes $883 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $883 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Industry Analysis & Trends

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 ...
Making A Difference

Greater Texas Credit Union Employees Adopt Eight Families from Any Baby Can for Christmas

Almost 30 years ago, Jacqueline Hammett’s daughter Mystique spent the Christmas holidays in the neonatal unit of a children’s hospital, ...
Making A Difference

UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive

We are running a winter coat and cold-weather clothing drive at our Hadley, Northampton, and Springfield branches throughout the month ...
Operations & HR

CUSO Helps Small Credit Unions Deliver Competitive Employee Health Plans; Launches Insurance Agency

InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
Marketing

New White Paper from Co-op Solutions Provides CU Growth Strategies

Co-op Solutions has unveiled a new industry white paper designed to help credit unions both plan and execute their own ...
Marketing

National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to EFCU Financial

National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, ...
Lending

American Credit Union Mortgage Association Announces Open Registration for 2023 ACUMA Workshops

It’s time to start planning your professional development for 2023, and foremost among the many educational opportunities should be your ...
Making A Difference

OCCU CDO named Real Men Wear Pink Ambassador of the Year

OCCU Chief Digital Officer Brian Alfano raised more than $25,000 for the American Cancer Society’s Real Men Wear Pink breast ...
Making A Difference

United Federal Credit Union Donates $29,000 During Giving Tuesday

United Federal Credit Union donated a total of $29,000 during Giving Tuesday on November 29, 2022. The funds were given ...
Personnel Promotions

UVA Community Credit Union Welcomes Belinda Tucker as Chief Operating Officer

Belinda Tucker has been hired as the new Chief Operating Officer (COO) at the Credit Union. She will report to ...
New Product Releases

Support EXP’s Genesis Scales Survey Platform Sophistication for Right-Sized Success

Support EXP is excited to introduce Genesis, a streamlined version of its comprehensive Insight Builder member survey platform. Genesis is ...
Personnel Promotions

Coastal Credit Union Promotes Jennifer Gallagher to Director of Branch Expansion and Optimization

Coastal Credit Union has promoted Jennifer Gallagher to Director of Branch Expansion and Optimization. In her new role, Gallagher will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 02, 2022

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

Texas Trust Gives Foundation Donates $7,500 to Toys for Tots in Honor of Organization’s 75th Anniversary

For 75 years the Marine Corp Reserves have provided toys to children in need at Christmas throughout the U.S. As ...
Making A Difference

United Federal Credit Union and American Red Cross Partner for Blood Drive in Southwest Michigan

Every two seconds, someone in the United States needs blood. Despite calls from the American Red Cross for donors, there ...
Strategic Partnerships

Pickens Federal Credit Union Members Endorse Merger with Peach State Federal Credit Union

The members of Pickens Federal Credit Union have voted in favor of a merger with Peach State Federal Credit Union. ...
Strategic Partnerships

Abbeville Community Federal Credit Union Members Approve Merger with Peach State Federal Credit Union

The members of Abbeville Community Federal Credit Union have approved a merger with Peach State Federal Credit Union. This announcement ...
Making A Difference

Kudos recognizes OCCU

OCCU is among 32 companies honored in Kudos, Inc.’s, annual Best Culture Awards program.
Personnel Promotions

United Federal Credit Union Names Director of Payments

United Federal Credit Union (United) has appointed Marilyn Bentley Director of Payments.
Making A Difference

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.
Personnel Promotions

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 Product Releases

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 ...
Personnel Promotions

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 ...
Personnel Promotions

Jennifer Boyle Promoted to Senior Vice President of Lending

Jennifer Boyle has been promoted to senior vice president of lending for Redwood Credit Union.
Charity Events

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 ...
Charity Events

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 ...
Borrowings

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 ...
Strategic Partnerships

Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services

Nearly $6 billion credit union continues to grow personalized and innovative wealth management services for its members through partnership with ...
Investments

QuantyPhi Introduces Enhanced Mortgage Servicing Rights Valuation for Credit Unions

QuantyPhi, a CUSO specializing in credit union balance sheet optimization, recently announced an enhanced Mortgage Servicing Rights valuation model offering. ...
Making A Difference

Indiana Members Credit Union Contributes $883 to Johnson Memorial Hospital Foundation

Indiana Members Credit Union presented a check for $883 to Johnson Memorial Hospital Foundation as part of an ongoing debit ...
Industry Analysis & Trends

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 ...
Making A Difference

Greater Texas Credit Union Employees Adopt Eight Families from Any Baby Can for Christmas

Almost 30 years ago, Jacqueline Hammett’s daughter Mystique spent the Christmas holidays in the neonatal unit of a children’s hospital, ...
Making A Difference

UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive

We are running a winter coat and cold-weather clothing drive at our Hadley, Northampton, and Springfield branches throughout the month ...
Operations & HR

CUSO Helps Small Credit Unions Deliver Competitive Employee Health Plans; Launches Insurance Agency

InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called ...
Marketing

New White Paper from Co-op Solutions Provides CU Growth Strategies

Co-op Solutions has unveiled a new industry white paper designed to help credit unions both plan and execute their own ...
Marketing

National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to EFCU Financial

National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, ...
Lending

American Credit Union Mortgage Association Announces Open Registration for 2023 ACUMA Workshops

It’s time to start planning your professional development for 2023, and foremost among the many educational opportunities should be your ...
Making A Difference

OCCU CDO named Real Men Wear Pink Ambassador of the Year

OCCU Chief Digital Officer Brian Alfano raised more than $25,000 for the American Cancer Society’s Real Men Wear Pink breast ...
Making A Difference

United Federal Credit Union Donates $29,000 During Giving Tuesday

United Federal Credit Union donated a total of $29,000 during Giving Tuesday on November 29, 2022. The funds were given ...
Personnel Promotions

UVA Community Credit Union Welcomes Belinda Tucker as Chief Operating Officer

Belinda Tucker has been hired as the new Chief Operating Officer (COO) at the Credit Union. She will report to ...
New Product Releases

Support EXP’s Genesis Scales Survey Platform Sophistication for Right-Sized Success

Support EXP is excited to introduce Genesis, a streamlined version of its comprehensive Insight Builder member survey platform. Genesis is ...
Personnel Promotions

Coastal Credit Union Promotes Jennifer Gallagher to Director of Branch Expansion and Optimization

Coastal Credit Union has promoted Jennifer Gallagher to Director of Branch Expansion and Optimization. In her new role, Gallagher will ...
Industry Analysis & Trends

Baker Market Update – Week in Review: December 02, 2022

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

Texas Trust Gives Foundation Donates $7,500 to Toys for Tots in Honor of Organization’s 75th Anniversary

For 75 years the Marine Corp Reserves have provided toys to children in need at Christmas throughout the U.S. As ...
Making A Difference

United Federal Credit Union and American Red Cross Partner for Blood Drive in Southwest Michigan

Every two seconds, someone in the United States needs blood. Despite calls from the American Red Cross for donors, there ...
Strategic Partnerships

Pickens Federal Credit Union Members Endorse Merger with Peach State Federal Credit Union

The members of Pickens Federal Credit Union have voted in favor of a merger with Peach State Federal Credit Union. ...
Strategic Partnerships

Abbeville Community Federal Credit Union Members Approve Merger with Peach State Federal Credit Union

The members of Abbeville Community Federal Credit Union have approved a merger with Peach State Federal Credit Union. This announcement ...
Making A Difference

Kudos recognizes OCCU

OCCU is among 32 companies honored in Kudos, Inc.’s, annual Best Culture Awards program.

BECU Expands Financial Services for South King County Members with New White Center Location

BECU, Washington’s largest credit union, today announced its plans to open a new Neighborhood Financial Center (NFC) in the White Center neighborhood of Seattle.

Envisant Partners with Clutch

Envisant is excited to share the news below of our partnership with Clutch! Together Clutch and Envisant will empower credit unions to fulfill their digital ...

ACUMA Seeks New Volunteer Board Member to Serve on Its Board of Directors

The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing Board of Directors, which provides ...

Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union

Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union.

Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub

SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in Macon County. A groundbreaking kicked ...

Eltropy Heats Up Webinar Season: Equipping Credit Unions and Community Banks with Powerful Fraud Prevention Strategies

AI-powered fraud prevention and protecting from the impact of rising delinquencies takes center stage in Eltropy’s latest webinars SANTA CLARA, Calif. – June 13, 2024 ...
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