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

UMCU Team Members Raise $9,000 in Donations for the American Heart Association

UMCU recently donated $9,000 to the American Heart Association, AHA, with all of the funds raised through team member contributions.

Financial Institutions Prepare for the Aftermath of the Pandemic

SRM today shared commentary on the top trends it has seen impact banks and credit unions so far this year and predictions for what’s to ...

CHROME goes Hybrid

CHROME FCU upgraded from a hosted imaging solution to a more robust in-house model while retaining a maintenance-free system they are accustomed to.

Credit unions and legislators donate 7,380 pounds of food to Philabundance

Credit unions and Pennsylvania state legislators launched a food drive that resulted in 7,380 pounds of food products donated to Philabundance.

American Cycle Finance Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform

Leading AI-powered credit decision platform provider, Scienaptic, announced that American Cycle Finance (ACF) has successfully deployed its platform.
Personnel Promotions

United Federal Credit Union Names Angie Schwarz Director of Marketing

United Federal Credit Union (United) has appointed Angie Schwarz Director of Marketing based in St. Joseph, Michigan.

Baker Market Update – Week in Review: July 9, 2021

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

Cornerstone Foundation Partners with BALANCE to Help Consumers Achieve Their Financial Goals

Cornerstone Foundation Partners with BALANCE to Help Consumers Achieve Their Financial Goals

NEFCU DONATES $20,000 TO HOPE LODGE

New England Federal Credit Union (NEFCU) Donated $20,000 to Hope Lodge in Burlington, VT

ICBA Bancard and Finzly Partner to Offer Instant Payments

Finzly announces new partnership with ICBA Bancard to facilitate instant payments via Finzly’s Payment Galaxy

Nusenda Credit Union to Open First Branch in Las Cruces

Nusenda Credit Union, New Mexico’s largest credit union, announced today that it opened its first branch in Las Cruces.

Connex Recognized by Forbes on America’s Best-in-State Credit Unions List

Award based on an independent survey of approximately 25,000 U.S. consumers.

United Heritage Credit Union Announces Organizational Changes

United Heritage Credit Union is excited to announce several organizational changes to better align business functions within the Credit Union.
Personnel Promotions

Forbes names Redstone Federal CU one of Alabama’s best

Forbes named Redstone Federal Credit Union one of Alabama's best credit unions for the second consecutive year.

First Community Best in State 2021

We're excited to announce that Forbes has once again named us to their Best-in-State list! We've been named a Best-in-State Credit Union for Missouri!

Ascend Federal Credit Union Honors 6 Hometown Heroes for Contributions to Their Local Communities

Ascend Federal Credit Union announced its Hometown Hero campaign to celebrate the contributions of six people who have gone the extra mile.

Cornerstone Members and Cornerstone Resources VP Named to AACUC Texas Regional Chapter Executive Committee

Cornerstone Members and Cornerstone Resources VP Named to AACUC Texas Regional Chapter Executive Committee

United Federal Credit Union Donates $10,000 to Unified Civic Monuments Project

United Federal Credit Union (United) is proud to support the Unified Civil Monuments Project by donating $10,000 to the community initiative.

HawaiiUSA FCU Awarded Forbes Best-in-State Credit Union 4 Years in a Row

HawaiiUSA is the only Hawaii credit union to make Forbes exclusive list of Best-in-State Credit Unions for four consecutive years.

CUFX Brings Additional Credit Union Voice to FDX to Help Accelerate Digital Future

CUFX has joined FDX to expand support for open banking and interoperability; and will give CUs a voice to help accelerate their digital strategies.

Bay Federal Credit Union Receives $1.8 Million Community Development Grant from Federal Government to Support Local Members

Bay Federal Credit Union has announced that they were awarded $1.8 million from the U.S. Department of the Treasury through the CDFI program.

Sensibill Publishes The Barcode Report on Pet-Related Spending Trends

Sensibill shares this month's Barcode Report on pet-related spending trends during the pandemic by leveraging SKU-level data from receipts.

Arlington Community FCU Finances Virginia’s First C-PACE Sustainability Loan

Arlington Community FCU financed first C-PACE sustainability loan in Virginia in partnership with Arlington County for restaurant solar panels.

CAP COM MOURNS DEATH OF FORMER CEO PAULA STOPERA

It is with great sadness and heavy hearts that we acknowledge the passing of CAP COM Federal Credit Union’s former President/CEO, Paula Stopera.
Technology

VyStar Credit Union Selects Nymbus as Digital Banking Partner

This extends a landmark partnership that began earlier this year with VyStar’s $20 million investment in the newly formed Nymbus CUSO.

Jeff Williams Named Arlington’s 2021 Dream Builder

Jeff Williams, former mayor of Arlington, is the recipient of the sixth annual Dream Builder award, presented by Texas Trust CU.

Nelson Whaley Appointed Board Emeritus After 31 Years of Service

Nelson Whaley transitions to the role of Board Emeritus after 31 years on Gulf Winds’ Board of Directors. Whaley was one of Gulf Winds' first ...

Groundbreaking of Cooper City’s First Corporate Building

Broward's BrightStar Credit Union hosted a groundbreaking ceremony on June 23rd for their new corporate headquarters.

1st United Credit Union is Up to Bat to Fight Hunger

1st United Credit Union is thrilled to announce that they have again teamed up with the Oakland A’s to support the Alameda County Community Food ...

Day Air Credit Union Awarded More Than $1.8 Million in U.S. Treasury CDFI Fund Grants

Day Air Credit Union, the largest financial institution headquartered in Montgomery County, was awarded more than $1.8 million in grant money by the U.S. Department ...

UMCU Team Members Raise $9,000 in Donations for the American Heart Association

UMCU recently donated $9,000 to the American Heart Association, AHA, with all of the funds raised through team member contributions.

Financial Institutions Prepare for the Aftermath of the Pandemic

SRM today shared commentary on the top trends it has seen impact banks and credit unions so far this year and predictions for what’s to ...

CHROME goes Hybrid

CHROME FCU upgraded from a hosted imaging solution to a more robust in-house model while retaining a maintenance-free system they are accustomed to.

Credit unions and legislators donate 7,380 pounds of food to Philabundance

Credit unions and Pennsylvania state legislators launched a food drive that resulted in 7,380 pounds of food products donated to Philabundance.

American Cycle Finance Goes Live with Scienaptic’s AI-Powered Credit Decisioning Platform

Leading AI-powered credit decision platform provider, Scienaptic, announced that American Cycle Finance (ACF) has successfully deployed its platform.
Personnel Promotions

United Federal Credit Union Names Angie Schwarz Director of Marketing

United Federal Credit Union (United) has appointed Angie Schwarz Director of Marketing based in St. Joseph, Michigan.

Baker Market Update – Week in Review: July 9, 2021

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

Cornerstone Foundation Partners with BALANCE to Help Consumers Achieve Their Financial Goals

Cornerstone Foundation Partners with BALANCE to Help Consumers Achieve Their Financial Goals

NEFCU DONATES $20,000 TO HOPE LODGE

New England Federal Credit Union (NEFCU) Donated $20,000 to Hope Lodge in Burlington, VT

ICBA Bancard and Finzly Partner to Offer Instant Payments

Finzly announces new partnership with ICBA Bancard to facilitate instant payments via Finzly’s Payment Galaxy

Nusenda Credit Union to Open First Branch in Las Cruces

Nusenda Credit Union, New Mexico’s largest credit union, announced today that it opened its first branch in Las Cruces.

Connex Recognized by Forbes on America’s Best-in-State Credit Unions List

Award based on an independent survey of approximately 25,000 U.S. consumers.

United Heritage Credit Union Announces Organizational Changes

United Heritage Credit Union is excited to announce several organizational changes to better align business functions within the Credit Union.
Personnel Promotions

Forbes names Redstone Federal CU one of Alabama’s best

Forbes named Redstone Federal Credit Union one of Alabama's best credit unions for the second consecutive year.

First Community Best in State 2021

We're excited to announce that Forbes has once again named us to their Best-in-State list! We've been named a Best-in-State Credit Union for Missouri!

Ascend Federal Credit Union Honors 6 Hometown Heroes for Contributions to Their Local Communities

Ascend Federal Credit Union announced its Hometown Hero campaign to celebrate the contributions of six people who have gone the extra mile.

Cornerstone Members and Cornerstone Resources VP Named to AACUC Texas Regional Chapter Executive Committee

Cornerstone Members and Cornerstone Resources VP Named to AACUC Texas Regional Chapter Executive Committee

United Federal Credit Union Donates $10,000 to Unified Civic Monuments Project

United Federal Credit Union (United) is proud to support the Unified Civil Monuments Project by donating $10,000 to the community initiative.

HawaiiUSA FCU Awarded Forbes Best-in-State Credit Union 4 Years in a Row

HawaiiUSA is the only Hawaii credit union to make Forbes exclusive list of Best-in-State Credit Unions for four consecutive years.

CUFX Brings Additional Credit Union Voice to FDX to Help Accelerate Digital Future

CUFX has joined FDX to expand support for open banking and interoperability; and will give CUs a voice to help accelerate their digital strategies.

Bay Federal Credit Union Receives $1.8 Million Community Development Grant from Federal Government to Support Local Members

Bay Federal Credit Union has announced that they were awarded $1.8 million from the U.S. Department of the Treasury through the CDFI program.

Sensibill Publishes The Barcode Report on Pet-Related Spending Trends

Sensibill shares this month's Barcode Report on pet-related spending trends during the pandemic by leveraging SKU-level data from receipts.

Arlington Community FCU Finances Virginia’s First C-PACE Sustainability Loan

Arlington Community FCU financed first C-PACE sustainability loan in Virginia in partnership with Arlington County for restaurant solar panels.

CAP COM MOURNS DEATH OF FORMER CEO PAULA STOPERA

It is with great sadness and heavy hearts that we acknowledge the passing of CAP COM Federal Credit Union’s former President/CEO, Paula Stopera.
Technology

VyStar Credit Union Selects Nymbus as Digital Banking Partner

This extends a landmark partnership that began earlier this year with VyStar’s $20 million investment in the newly formed Nymbus CUSO.

Jeff Williams Named Arlington’s 2021 Dream Builder

Jeff Williams, former mayor of Arlington, is the recipient of the sixth annual Dream Builder award, presented by Texas Trust CU.

Nelson Whaley Appointed Board Emeritus After 31 Years of Service

Nelson Whaley transitions to the role of Board Emeritus after 31 years on Gulf Winds’ Board of Directors. Whaley was one of Gulf Winds' first ...

Groundbreaking of Cooper City’s First Corporate Building

Broward's BrightStar Credit Union hosted a groundbreaking ceremony on June 23rd for their new corporate headquarters.

1st United Credit Union is Up to Bat to Fight Hunger

1st United Credit Union is thrilled to announce that they have again teamed up with the Oakland A’s to support the Alameda County Community Food ...

Day Air Credit Union Awarded More Than $1.8 Million in U.S. Treasury CDFI Fund Grants

Day Air Credit Union, the largest financial institution headquartered in Montgomery County, was awarded more than $1.8 million in grant money by the U.S. Department ...

Illinois Credit Union League’s Annual Convention a Success!

The Illinois Credit Union League hosted the 93rd Annual Convention October 5-7, 2023 in Chicago.

Being A Callahan & Associates Client Just Got Even Better

Callahan & Associates, a leading provider for performance benchmarking solutions, collaboration-fueled roundtable events, and strategic consulting services to credit unions nationwide, unveils their newly re-imagined ...

INOVA Federal Donates $950 and provides over 100 volunteers for Ryan’s Case For Smiles

INOVA Federal recently made a $950 donation to Ryan’s Case For Smiles, a non-profit organization that focuses on helping kids feel better to heal better. ...

Baker Market Update – Week in Review: October 06, 2023

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

Indiana Members Credit Union Contributes $2,426 to Beech Grove City Schools

Indiana Members Credit Union presented a check for $2,426 to Beech Grove City Schools as part of an ongoing school spirit debit card program.

OCCU Foundation’s contributions topped $900,000 in 2022

OCCU Foundation distributed $919,497 to nonprofits and charitable initiatives in 2022, the largest annual total in its five-year history.
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