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

Justice Federal Credit Union Recognizes Scholarship Recipients

Justice Federal Credit Union is proud to congratulate the recipients of the 2021 Building Futures across the Nation Annual Scholarship Competition.

One Wish Project Wins Jeanne D’Arc Credit Union National Nonprofit Day Campaign

One Wish Project is the winner of Jeanne D’Arc Credit Union’s National Nonprofit Day Campaign. The organization received a $2,021 donation as the winning prize.

Constant and DirectID Partner to Enhance Digital Loan Servicing for Banks and Credit Unions with Open Banking

Constant Partners with DirectID to Transform Digital Loan Servicing and Loss Mitigation for Credit Unions across the Globe
Personnel Promotions

Truliant Promotes Bright to Vice President, Organizational Development and Training

Truliant has promoted Kenneth Bright to the role of vice president, organizational development and training.

BECU Helps Low-Balance Savers Increase Savings by More Than $2 Million with Quick Save, Powered by MX

MX has partnered with BECU to build a mobile app feature, Quick Save, that encourages BECU members to build savings through small-amount transfers.

AVANA Companies Selected for 2021 Inc. 5000

AVANA Companies Selected for 2021 Inc. 5000 List of America’s Fastest Growing Private Companies

Frontwave Credit Union Named Credit Union of the Year by U.S. Department of the Navy

Frontwave Credit Union has been awarded Credit Union of the Year for 2020 by the Department of the Navy.

Sensibill’s Barcode Report Finds that Consumer Spending Trends Suggest a Return to Normal

SKU-level data expert analyzes shifts from pre-pandemic behavior and priorities, revealing a signs of normalcy.

GLCU Announces 2021 Scholarship Winners

The Great Lakes Credit Union Scholarship Committee recently selected and awarded $1,000 scholarships to six students.
Personnel Promotions

CommonWealth One Federal Credit Union Appoints Frank Wasson As President/CEO

The Board of Directors of CommonWealth One FCU is pleased to announce the appointment of Frank Wasson as the credit union’s new President/CEO.

10 Minn. Credit Unions Win Awards, Advance to National Competitions

The Minnesota Credit Union Network (MnCUN) is pleased to announce the state-level winners of the 2021 Dora Maxwell, Louise Herring and Desjardins awar

Keesler Federal Credit Union Moves to Jack Henry’s Private Cloud

Jack Henry announced that long-time Jack Henry client, Keesler Federal Credit Union, has migrated its core to Jack Henry’s private cloud environment
Personnel Promotions

Parson FCU Appoints Allen H. Gharapetian as Vice President of Marketing

Parsons Federal Credit Union is pleased to announce the hiring of Allen H. Gharapetian as its new Vice President of Marketing.

Industry Assets Cross $2 Trillion as Credit Unions Support the Economic Recovery with Record Lending and Savings Growth

Credit unions continue to guide the financial lives of their members as they recover from the effects of the COVID?19 pandemic.

Indiana Members Credit Union Announces New High School Athletics Debit Card

Indiana Members CU announces it has partnered with North Central High School (Indianapolis, IN) to offer a North Central Panther themed debit card.

Alaska USA Foundation donates $35,000 to local nonprofits in Alaska, California and Washington

Recently, the Alaska USA Foundation distributed thousands in donations to nonprofits in three communities it serves.

Baker Market Update – Week in Review: August 13, 2021

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

Abound Donates PCs to Local Schools

Abound Credit Union recently donated dozens of decommissioned computers to area schools to help provide more resources for students.

THREE LEAGUES ANNOUNCE COLLABORATION ON NEW “CU OFFERS” APP FOR MEMBERS

New program a partnership with Connecticut, Vermont, Cooperative leagues

Center Parc Credit Union Hires Assistant Manager and 6 Member Service Representatives for Pooler and Savannah area branches

Center Parc Credit Union (CPCU) has hired a new assistant manager for their Savannah area branch as well as several new member service representatives for ...

Over 500 Credit Union Fans Attend Corporate Central and The League’s Credit Union Day at the Ballpark

Credit Union Day at the Ballpark raised over $15,000 for The Wisconsin Credit Union Foundation and The National Credit Union Foundation.
Personnel Promotions

UFCU Names Michael Crowl President

UFCU, Austin’s largest locally-owned financial institution, has named Michael Crowl as President, a newly created executive role at the 85-year-old no

Chicago Patrolmen’s Federal Credit Union and Structure First Enter Into Strategic Partnership

Chicago Patrolmen’s Federal Credit Union and Structure First Enter Into Strategic Partnership

UMassFive Commits $100,000 in Support of CISA and Local Agriculture

UMassFive, is proud to announce a commitment of $100,000 to Community Involved in Sustaining Agriculture (CISA) over the next 10 years.

Langley Federal Credit Union Celebrates the Grand Opening of 20th Branch

Mayor Tuck, members of the Hampton City Council and Langley Federal Credit Union leaders celebrated the grand opening of its 20th branch.

CONNEXUS CREDIT UNION ANNOUNCES NEW BOARD OF DIRECTORS LEADERSHIP AT 2021 ANNUAL MEETING

Connexus Credit Union provided its member-owners with an annual update on its financial health and achievements and announced new Board of Directors.

Nusenda Credit Union Named Best Credit Union in New Mexico for Eighth Consecutive Year

Nusenda Credit Union was named Best Credit Union and Best Bank in New Mexico.

Nusenda Credit Union Celebrates New Pan Am Branch in Las Cruces

Nusenda Credit Union is celebrating the grand opening of its first location in Las Cruces.

Depreciation Protection Adds Four New Clients

Member protections continue to grow, now over $52B in assets protected. Four new credit unions from New Jersey to Oregon have joined DP.

Seaboard Federal Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

Access Softek announced that Seaboard Federal Credit Union ($181 million in assets) has selected Access Softek’s integrated robo-advisor solution.

Justice Federal Credit Union Recognizes Scholarship Recipients

Justice Federal Credit Union is proud to congratulate the recipients of the 2021 Building Futures across the Nation Annual Scholarship Competition.

One Wish Project Wins Jeanne D’Arc Credit Union National Nonprofit Day Campaign

One Wish Project is the winner of Jeanne D’Arc Credit Union’s National Nonprofit Day Campaign. The organization received a $2,021 donation as the winning prize.

Constant and DirectID Partner to Enhance Digital Loan Servicing for Banks and Credit Unions with Open Banking

Constant Partners with DirectID to Transform Digital Loan Servicing and Loss Mitigation for Credit Unions across the Globe
Personnel Promotions

Truliant Promotes Bright to Vice President, Organizational Development and Training

Truliant has promoted Kenneth Bright to the role of vice president, organizational development and training.

BECU Helps Low-Balance Savers Increase Savings by More Than $2 Million with Quick Save, Powered by MX

MX has partnered with BECU to build a mobile app feature, Quick Save, that encourages BECU members to build savings through small-amount transfers.

AVANA Companies Selected for 2021 Inc. 5000

AVANA Companies Selected for 2021 Inc. 5000 List of America’s Fastest Growing Private Companies

Frontwave Credit Union Named Credit Union of the Year by U.S. Department of the Navy

Frontwave Credit Union has been awarded Credit Union of the Year for 2020 by the Department of the Navy.

Sensibill’s Barcode Report Finds that Consumer Spending Trends Suggest a Return to Normal

SKU-level data expert analyzes shifts from pre-pandemic behavior and priorities, revealing a signs of normalcy.

GLCU Announces 2021 Scholarship Winners

The Great Lakes Credit Union Scholarship Committee recently selected and awarded $1,000 scholarships to six students.
Personnel Promotions

CommonWealth One Federal Credit Union Appoints Frank Wasson As President/CEO

The Board of Directors of CommonWealth One FCU is pleased to announce the appointment of Frank Wasson as the credit union’s new President/CEO.

10 Minn. Credit Unions Win Awards, Advance to National Competitions

The Minnesota Credit Union Network (MnCUN) is pleased to announce the state-level winners of the 2021 Dora Maxwell, Louise Herring and Desjardins awar

Keesler Federal Credit Union Moves to Jack Henry’s Private Cloud

Jack Henry announced that long-time Jack Henry client, Keesler Federal Credit Union, has migrated its core to Jack Henry’s private cloud environment
Personnel Promotions

Parson FCU Appoints Allen H. Gharapetian as Vice President of Marketing

Parsons Federal Credit Union is pleased to announce the hiring of Allen H. Gharapetian as its new Vice President of Marketing.

Industry Assets Cross $2 Trillion as Credit Unions Support the Economic Recovery with Record Lending and Savings Growth

Credit unions continue to guide the financial lives of their members as they recover from the effects of the COVID?19 pandemic.

Indiana Members Credit Union Announces New High School Athletics Debit Card

Indiana Members CU announces it has partnered with North Central High School (Indianapolis, IN) to offer a North Central Panther themed debit card.

Alaska USA Foundation donates $35,000 to local nonprofits in Alaska, California and Washington

Recently, the Alaska USA Foundation distributed thousands in donations to nonprofits in three communities it serves.

Baker Market Update – Week in Review: August 13, 2021

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

Abound Donates PCs to Local Schools

Abound Credit Union recently donated dozens of decommissioned computers to area schools to help provide more resources for students.

THREE LEAGUES ANNOUNCE COLLABORATION ON NEW “CU OFFERS” APP FOR MEMBERS

New program a partnership with Connecticut, Vermont, Cooperative leagues

Center Parc Credit Union Hires Assistant Manager and 6 Member Service Representatives for Pooler and Savannah area branches

Center Parc Credit Union (CPCU) has hired a new assistant manager for their Savannah area branch as well as several new member service representatives for ...

Over 500 Credit Union Fans Attend Corporate Central and The League’s Credit Union Day at the Ballpark

Credit Union Day at the Ballpark raised over $15,000 for The Wisconsin Credit Union Foundation and The National Credit Union Foundation.
Personnel Promotions

UFCU Names Michael Crowl President

UFCU, Austin’s largest locally-owned financial institution, has named Michael Crowl as President, a newly created executive role at the 85-year-old no

Chicago Patrolmen’s Federal Credit Union and Structure First Enter Into Strategic Partnership

Chicago Patrolmen’s Federal Credit Union and Structure First Enter Into Strategic Partnership

UMassFive Commits $100,000 in Support of CISA and Local Agriculture

UMassFive, is proud to announce a commitment of $100,000 to Community Involved in Sustaining Agriculture (CISA) over the next 10 years.

Langley Federal Credit Union Celebrates the Grand Opening of 20th Branch

Mayor Tuck, members of the Hampton City Council and Langley Federal Credit Union leaders celebrated the grand opening of its 20th branch.

CONNEXUS CREDIT UNION ANNOUNCES NEW BOARD OF DIRECTORS LEADERSHIP AT 2021 ANNUAL MEETING

Connexus Credit Union provided its member-owners with an annual update on its financial health and achievements and announced new Board of Directors.

Nusenda Credit Union Named Best Credit Union in New Mexico for Eighth Consecutive Year

Nusenda Credit Union was named Best Credit Union and Best Bank in New Mexico.

Nusenda Credit Union Celebrates New Pan Am Branch in Las Cruces

Nusenda Credit Union is celebrating the grand opening of its first location in Las Cruces.

Depreciation Protection Adds Four New Clients

Member protections continue to grow, now over $52B in assets protected. Four new credit unions from New Jersey to Oregon have joined DP.

Seaboard Federal Credit Union Selects Access Softek Robo-Advisor, EasyVestTM

Access Softek announced that Seaboard Federal Credit Union ($181 million in assets) has selected Access Softek’s integrated robo-advisor solution.

BCU Wealth Advisors, LLC Celebrates Finalist Honors in Kehrer Group’s 2023 Top Directors Awards

BCU Wealth Advisors, LLC was recognized as a finalist in the Mid-Size Firms, Credit Union Firms categories, and ranked #4 as a top finalist in ...

Callahan’s Evolving Software Empowers Credit Unions To Serve More Effectively

Callahan & Associates, the leading data solutions provider for credit unions, is excited to introduce a long-awaited transformation within its product lineup. Users who’ve relied ...

Fall River Municipal Credit Union Renews with Synergent to Host Jack Henry’s Symitar Core Processing Solution

Synergent® is pleased to announce that Fall River Municipal Credit Union has signed a new ten-year agreement with Synergent for hosted Jack Henry™ Symitar® core ...

Co-op Solutions Takes Home ‘Fintech Company of the Year’ Honors

Credit union payments fintech Co-op Solutions took home “Fintech Company of the Year” honors in the annual Prometheus Awards, held November 2 in Des Moines, ...

Service One Credit Union Promotes Jonathan Turner

Service One Credit Union is excited to announce the promotion of Jonathan Turner to Director of Wealth Management. In this role, Jonathan will continue to ...

Eltropy Ranks No. 1 on Silicon Valley Business Journal’s Fastest Growing Private Companies List for 2023

Eltropy has been named the No. 1 fastest-growing private company in Silicon Valley for 2023 by the Silicon Valley Business Journal. The award is the ...
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