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

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 Lansing School District.
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 attached Press Release.

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 families in need in Haiti.

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 the digital world.

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 Glia’s platform.

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 in the Northern Illinois.

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 the evening of December 9.

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 Toy Shoppe

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 cash.

United Partners with The Storehouse to Provide Gifts for 104 Children this Holiday Season

United Federal Credit Union employees once again partnered with The Storehouse to purchase gifts for 104 children in Henderson County, North Carolina.

Christian Community Credit Union Donates $5,000 to Samaritan’s Purse Tornado Disaster Relief Effort

Christian Community CU donated $5,000 to Samaritan’s Purse relief effort in response to the devastating tornadoes that swept through six states.

The New Year Offers New Hope for Paying Down Personal Debt

As consumers bid goodbye to 2021, the new year also presents the perfect opportunity to begin paying off accumulated personal debt.

Truliant is First N.C.-based Financial Institution to Complete Fully Digital and Fully Remote Home Mortgage Closing

Truliant Federal Credit Union announced today that Truliant has become the first North Carolina-based financial institution to complete a fully digita

LPL Financial Advisor Stephen Rafter Joins SECU Financial Partners

SECU Financial Partners is pleased to announce that Stephen Rafter joined the firm as an LPL Financial Advisor.

Jax Federal Credit Union Chooses Scienaptic’s AI-Powered Platform to Enhance Credit Decisioning and Member Experience

Leading AI-powered credit decision platform provider Scienaptic announced that Jax Federal Credit Union (JAXFCU) has selected its adaptive technology.

BCU AWARDS MEMBER $1,981 TO COMMEMORATE 40TH ANNIVERSARY, ZELLE® LAUNCH

Throughout October, any BCU member who sent or received money via Zelle® within BCU’s Digital Banking was entered to win a prize of $1,981.

Community Service CU Selects Cornerstone Resources to Conduct Executive Search

Community Service CU Selects Cornerstone Resources to Conduct Executive Search

MN Catholic Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

MN Catholic Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

Kentucky Credit Union League Introduces CU@WORK Youth Apprenticeship Program

The CU@WORK Youth Apprenticeship Program provides a learning pathway, utilizing on-the-job supervised training combined with specified coursework.

Alogent Replaces Legacy Payment Solutions and Enhances Self-Service Capabilities for Better Member Services at Cyprus Credit Union

Cyprus Credit Union has replaced its legacy payment platforms with Alogent’s solutions for teller, ATM/ITM, mobile deposit, and more.

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 Lansing School District.
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 attached Press Release.

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 families in need in Haiti.

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 the digital world.

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 Glia’s platform.

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 in the Northern Illinois.

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 the evening of December 9.

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 Toy Shoppe

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 cash.

United Partners with The Storehouse to Provide Gifts for 104 Children this Holiday Season

United Federal Credit Union employees once again partnered with The Storehouse to purchase gifts for 104 children in Henderson County, North Carolina.

Christian Community Credit Union Donates $5,000 to Samaritan’s Purse Tornado Disaster Relief Effort

Christian Community CU donated $5,000 to Samaritan’s Purse relief effort in response to the devastating tornadoes that swept through six states.

The New Year Offers New Hope for Paying Down Personal Debt

As consumers bid goodbye to 2021, the new year also presents the perfect opportunity to begin paying off accumulated personal debt.

Truliant is First N.C.-based Financial Institution to Complete Fully Digital and Fully Remote Home Mortgage Closing

Truliant Federal Credit Union announced today that Truliant has become the first North Carolina-based financial institution to complete a fully digita

LPL Financial Advisor Stephen Rafter Joins SECU Financial Partners

SECU Financial Partners is pleased to announce that Stephen Rafter joined the firm as an LPL Financial Advisor.

Jax Federal Credit Union Chooses Scienaptic’s AI-Powered Platform to Enhance Credit Decisioning and Member Experience

Leading AI-powered credit decision platform provider Scienaptic announced that Jax Federal Credit Union (JAXFCU) has selected its adaptive technology.

BCU AWARDS MEMBER $1,981 TO COMMEMORATE 40TH ANNIVERSARY, ZELLE® LAUNCH

Throughout October, any BCU member who sent or received money via Zelle® within BCU’s Digital Banking was entered to win a prize of $1,981.

Community Service CU Selects Cornerstone Resources to Conduct Executive Search

Community Service CU Selects Cornerstone Resources to Conduct Executive Search

MN Catholic Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

MN Catholic Credit Union Selects Cornerstone Resources to Conduct Search for President/CEO

Kentucky Credit Union League Introduces CU@WORK Youth Apprenticeship Program

The CU@WORK Youth Apprenticeship Program provides a learning pathway, utilizing on-the-job supervised training combined with specified coursework.

Alogent Replaces Legacy Payment Solutions and Enhances Self-Service Capabilities for Better Member Services at Cyprus Credit Union

Cyprus Credit Union has replaced its legacy payment platforms with Alogent’s solutions for teller, ATM/ITM, mobile deposit, and more.

CREDIT UNIONS GET A BOOST TO AI ADOPTION WITH AI-AUTOMATED UNDERWRITING TEST DRIVE

Origence, the leading credit union lending technology company in the U.S., and Zest AI, the leader in AI-automated underwriting, announced today that all Origence arc ...

Cambio Launches New CUSO, AviaryAI

Cambio, an AI startup backed by Y-Combinator, announced the launch of its new Credit Union Service Organization (CUSO), AviaryAI, the financial industry’s first outbound AI ...

United Nations Federal Credit Union Joins the Partnership for Carbon Accounting Financials

As momentum behind greenhouse gas (GHG) accounting continues to build, the Partnership for Carbon Accounting Financials (PCAF) announces that the United Nations Federal Credit Union ...

LGE Community Credit Union announces 2024 scholarship program for high school seniors

LGE Community Credit Union is accepting applications for its 2024 scholarship program through March 29, 2024. The annual scholarship program helps exceptional high school seniors ...

INOVA Federal Raises over $4,500 for Special Olympics Indiana

Elkhart, IN — INOVA Federal recently raised over $4,500 for Special Olympics Indiana during their “Polar Plunge” campaign. Special Olympics Indiana is a nonprofit organization ...

Conquering Collection Challenges: Five Common Obstacles and Strategies for Success

The collection industry faces persistent challenges in navigating the complexities of the job. From day-to-day issues that arise to high-level hurdles, there is much to ...
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