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

Baker Market Update – Week in Review: December 17, 2021

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

Envisant Supports Efforts to Solve Consumer and Business Challenges in Novel and Sustainable Ways

Envisant (formerly LSC) has teamed up with Filene Research Institute to support the Center of Excellence for Innovation and Incubation.

Compliance Systems Supports Hawthorn River in High Growth, Providing Banks with Speedy Access to Compliance Documentation

Compliance Systems supports strategic partner Hawthorn River in 600% year-to-date growth surge with sophisticated compliance technology.

Universal 1 Credit Union announces sponsorship with The Rose Music Center at The Heights

Beginning in 2022, Universal 1 Credit Union will be the proud exclusive sponsor of The Rose Music Center Box Office.

Abrigo Shines with End-of-Year Awards and Accolades

Abrigo, the leading provider of compliance, credit risk, and lending solutions for financial institutions, has received numerous accolades to close ...
Personnel Promotions

Point Breeze Credit Union Names Tonia Niedzialkowski President and CEO

Point Breeze Credit Union today announced that Tonia Niedzialkowski has been promoted to President and CEO of the organization.

SECU Foundation Provides $40,000 Grant to Help Partnership of Ashe Further Child Advocacy Mission

SECU Foundation is proud to announce a $40,000 grant for Partnership of Ashe, a child advocacy organization in northwestern North ...

SECU Gives Back to Public Schools This Holiday Season

All 274 SECU branches got into the festive spirit spreading goodwill among local public schools across North Carolina.

Veterans Center of North Texas Receives $3,500 from Employees of Texans Credit Union

Honoring local veterans, employees of Texans Credit Union have donated $3,500 to the Veterans Center of North Texas.

Backbase Partners with Blue Federal Credit Union to Revolutionize Members’ Retail and Business Banking Experiences

New partnership will enable Blue Federal Credit Union to capture increased market share and launch a best-in-class engagement banking platform

eCU Technology Welcomes Matthew Downing as New President

eCU Technology, the CUSO focused on helping credit unions become digital powerhouses, welcomes Matthew Downing as their new President.

Texas Trust Extra Life Gaming Event Raises $4,120 for Cook’s Children’s Hospital

The fourth annual Texas Trust Credit Union Extra Life game-a-thon raised more than $4,000 to benefit the Children’s Miracle Network.

UMCU RECOGNIZED WITH CUNA AWARD FOR TOP ADULT FINANCIAL EDUCATION PROGRAM

UMCU was awarded with an Alphonse Desjardins Financial Education Award, recognizing credit unions for exemplary financial education efforts.

Travis Credit Union Announces President and CEO Retirement and Succession Plan

Travis Credit Union's CEO and President, Barry Nelson, just announced plans to retire.

MSUFCU Hosts Lansing SAVE to Support Local Students

MSUFCU hosted a virtual Lansing SAVE night November 23, 2021, to introduce the program to families with children in the ...
Personnel Promotions

Redwood Credit Union Promotes Chris Cummins to Vice President of Virtual Service Delivery

Redwood Credit Union has promoted Chris Cummins to vice president of virtual service delivery.

Tyndall Federal Credit Union shares $11 million of profits with its Members—and eliminates all account maintenance fees Qualifying Members received cash deposit just in time for Christmas

Panama City, Florida (December 16, 2021) — Tyndall Federal Credit Union returned $11 million of profits to its members. See ...

Patelco Credit Union Supports Kids Against Hunger Bay Area, Packs Meals for Families in Need in Haiti

To support Kids Against Hunger, Patelco team members recently gathered to package meals that were included in a shipment to ...

CO-OP Records Year of Market Momentum Spearheaded by Innovation

CO-OP Financial Services celebrated its 40th anniversary this year with numerous achievements that signal its continued CU industry leadership.

Leaders Credit Union Gives Over $5,000 Towards 5th Annual “From Leaders with Love” Projects This Christmas

Leaders Credit Union Gives Over $5,000 Towards 5th Annual "From Leaders with Love" Projects This Christmas

Glia and Clinc Partner to Transform the Customer Experience for Financial Institutions

The integration of Clinc’s technology into Glia’s Digital Customer Service platform will allow financial institutions to modernize customer interactions for ...

Glia and Zensar Partner to Help Financial Institutions and Insurance Providers Enhance Customer Service

Glia today announced that they have formed a strategic partnership with Zensar to jointly offer Zensar’s digital transformation services and ...

Tyndall Federal Credit Union will give $13 million back to members—largest dividend in 65 year history

See Press Release attachment

Great Lakes Credit Union Gives Back – With “Toy’s-for-Tot’s” Donations

Great Lakes Credit Union (GLCU) is celebrating the season of giving by donating hundreds of toys to children in need ...

Steve Franke, Allegacy Investment Group Awarded Kehrer Bielan Top Directors Award

Allegacy Investment Group’s Steve Franke accepts award for top-performing investment services provider

Bay Federal Credit Union Celebrates Ribbon Cutting Event at New Salinas Branch Location in Harden Ranch Plaza

Bay Federal Credit Union celebrated a ribbon cutting event at their new Salinas Branch location in Harden Ranch Plaza on ...

WyHy Federal Credit Union Chooses Scienaptic For Enhanced AI-Powered Credit Decisioning

Leading AI-powered credit decisioning disruptor Scienaptic announced WyHy Federal Credit Union has selected its AI-powered platform.

Centris Federal Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Leading AI-powered credit decision platform provider Scienaptic AI announced that Centris Federal Credit Union has selected its AI-powered technology.

ELGA Credit Union and the Michigan State Police Raise $18,306 to save Christmas for local kids

ELGA Credit Union together with the Michigan State Police raised $18,306 and collected 1,481 toys for the Salvation Army Chrismastown ...

PSCU Announces Annual Dividend for Fiscal Year 2021

PSCU has announced its annual patronage dividend for the 2021 fiscal year of $17.8 million, with 30% being distributed in ...

Baker Market Update – Week in Review: December 17, 2021

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

Envisant Supports Efforts to Solve Consumer and Business Challenges in Novel and Sustainable Ways

Envisant (formerly LSC) has teamed up with Filene Research Institute to support the Center of Excellence for Innovation and Incubation.

Compliance Systems Supports Hawthorn River in High Growth, Providing Banks with Speedy Access to Compliance Documentation

Compliance Systems supports strategic partner Hawthorn River in 600% year-to-date growth surge with sophisticated compliance technology.

Universal 1 Credit Union announces sponsorship with The Rose Music Center at The Heights

Beginning in 2022, Universal 1 Credit Union will be the proud exclusive sponsor of The Rose Music Center Box Office.

Abrigo Shines with End-of-Year Awards and Accolades

Abrigo, the leading provider of compliance, credit risk, and lending solutions for financial institutions, has received numerous accolades to close ...
Personnel Promotions

Point Breeze Credit Union Names Tonia Niedzialkowski President and CEO

Point Breeze Credit Union today announced that Tonia Niedzialkowski has been promoted to President and CEO of the organization.

SECU Foundation Provides $40,000 Grant to Help Partnership of Ashe Further Child Advocacy Mission

SECU Foundation is proud to announce a $40,000 grant for Partnership of Ashe, a child advocacy organization in northwestern North ...

SECU Gives Back to Public Schools This Holiday Season

All 274 SECU branches got into the festive spirit spreading goodwill among local public schools across North Carolina.

Veterans Center of North Texas Receives $3,500 from Employees of Texans Credit Union

Honoring local veterans, employees of Texans Credit Union have donated $3,500 to the Veterans Center of North Texas.

Backbase Partners with Blue Federal Credit Union to Revolutionize Members’ Retail and Business Banking Experiences

New partnership will enable Blue Federal Credit Union to capture increased market share and launch a best-in-class engagement banking platform

eCU Technology Welcomes Matthew Downing as New President

eCU Technology, the CUSO focused on helping credit unions become digital powerhouses, welcomes Matthew Downing as their new President.

Texas Trust Extra Life Gaming Event Raises $4,120 for Cook’s Children’s Hospital

The fourth annual Texas Trust Credit Union Extra Life game-a-thon raised more than $4,000 to benefit the Children’s Miracle Network.

UMCU RECOGNIZED WITH CUNA AWARD FOR TOP ADULT FINANCIAL EDUCATION PROGRAM

UMCU was awarded with an Alphonse Desjardins Financial Education Award, recognizing credit unions for exemplary financial education efforts.

Travis Credit Union Announces President and CEO Retirement and Succession Plan

Travis Credit Union's CEO and President, Barry Nelson, just announced plans to retire.

MSUFCU Hosts Lansing SAVE to Support Local Students

MSUFCU hosted a virtual Lansing SAVE night November 23, 2021, to introduce the program to families with children in the ...
Personnel Promotions

Redwood Credit Union Promotes Chris Cummins to Vice President of Virtual Service Delivery

Redwood Credit Union has promoted Chris Cummins to vice president of virtual service delivery.

Tyndall Federal Credit Union shares $11 million of profits with its Members—and eliminates all account maintenance fees Qualifying Members received cash deposit just in time for Christmas

Panama City, Florida (December 16, 2021) — Tyndall Federal Credit Union returned $11 million of profits to its members. See ...

Patelco Credit Union Supports Kids Against Hunger Bay Area, Packs Meals for Families in Need in Haiti

To support Kids Against Hunger, Patelco team members recently gathered to package meals that were included in a shipment to ...

CO-OP Records Year of Market Momentum Spearheaded by Innovation

CO-OP Financial Services celebrated its 40th anniversary this year with numerous achievements that signal its continued CU industry leadership.

Leaders Credit Union Gives Over $5,000 Towards 5th Annual “From Leaders with Love” Projects This Christmas

Leaders Credit Union Gives Over $5,000 Towards 5th Annual "From Leaders with Love" Projects This Christmas

Glia and Clinc Partner to Transform the Customer Experience for Financial Institutions

The integration of Clinc’s technology into Glia’s Digital Customer Service platform will allow financial institutions to modernize customer interactions for ...

Glia and Zensar Partner to Help Financial Institutions and Insurance Providers Enhance Customer Service

Glia today announced that they have formed a strategic partnership with Zensar to jointly offer Zensar’s digital transformation services and ...

Tyndall Federal Credit Union will give $13 million back to members—largest dividend in 65 year history

See Press Release attachment

Great Lakes Credit Union Gives Back – With “Toy’s-for-Tot’s” Donations

Great Lakes Credit Union (GLCU) is celebrating the season of giving by donating hundreds of toys to children in need ...

Steve Franke, Allegacy Investment Group Awarded Kehrer Bielan Top Directors Award

Allegacy Investment Group’s Steve Franke accepts award for top-performing investment services provider

Bay Federal Credit Union Celebrates Ribbon Cutting Event at New Salinas Branch Location in Harden Ranch Plaza

Bay Federal Credit Union celebrated a ribbon cutting event at their new Salinas Branch location in Harden Ranch Plaza on ...

WyHy Federal Credit Union Chooses Scienaptic For Enhanced AI-Powered Credit Decisioning

Leading AI-powered credit decisioning disruptor Scienaptic announced WyHy Federal Credit Union has selected its AI-powered platform.

Centris Federal Credit Union to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Leading AI-powered credit decision platform provider Scienaptic AI announced that Centris Federal Credit Union has selected its AI-powered technology.

ELGA Credit Union and the Michigan State Police Raise $18,306 to save Christmas for local kids

ELGA Credit Union together with the Michigan State Police raised $18,306 and collected 1,481 toys for the Salvation Army Chrismastown ...

PSCU Announces Annual Dividend for Fiscal Year 2021

PSCU has announced its annual patronage dividend for the 2021 fiscal year of $17.8 million, with 30% being distributed in ...

Catalyst Corporate Announces PCC Redemption of 12.5%

Catalyst is the first corporate credit union to request and receive NCUA’s permission to return a portion of its perpetual contributed capital to its capital ...

Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union

Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program organized by Educators Credit Union. This event is designed to ...

LGE Foundation donates $284,000 to local nonprofits

On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.

California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital

Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to UCSF Benioff Children’s Hospital leadership on behalf ...

Members Drive Growth as Truliant Surpasses $5 Billion in Assets

Truliant Federal Credit Union announced today that it has surpassed $5 billion in assets. The milestone comes a year after the credit union passed the ...

United Federal Credit Union Employee Named Volunteer of the Year for Girls on the Run Sierras

United Federal Credit Union’s (United) Brandi Ward has been named ‘Volunteer of the Year’ by Girls on the Run Sierras.
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