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

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 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

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 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

Baker Market Update – Week in Review: March 22, 2024

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

INOVA Federal Donates $7,969 To World Council of Credit Unions

INOVA recently contributed $7,969 to the World Council of Credit Unions’ (WOCCU) Global Good initiative. The funds were raised through INOVA’s Global Good Visa credit ...

PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents

PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and Michael Summers to executive vice president, chief culture ...

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference

GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference Ashish Garg and Jenn Quinn from Eltropy to highlight AI’s potential for improving ...

GTE Financial Continues To Elevate Its Team With Several Promotions and New Hires

GTE Financial, one of the largest locally owned and operated financial institutions in Tampa Bay, is pleased to announce the promotion of Saidy Barredo to ...

SECU Foundation Welcomes 16 Non-profits to Mission Development Grant Program With $640,000 in Awards

A new round of Mission Development grants approved by the SECU Foundation Board of Directors welcomes 16 non-profits to the two-year capacity building program, with ...
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