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: 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 ...

1st University Credit Union Welcomes New EVP to the Team

1st University CU today announced Kevin Hood has joined the credit union as an executive vice president to oversee Information Systems & Compliance.

PSCU Announces Second Annual “Credit Union Give Back Sweepstakes”

For the second year, the PSCU-sponsored Credit Union Give Back Sweepstakes will encourage card usage to increase member engagement and loyalty.

CO-OP Analysis of Prime Day Shows Debit Cards Are Preferred

Transaction data analyzed by CO-OP reveals debit cards were far and away the preferred spending tool for CU members participating in Amazon Prime Day.

Tower FCU Recognized as #1 Credit Union in Maryland by Forbes

Tower FCU has been recognized as Maryland’s #1 Best-in-State Credit Union for 2021 by Forbes Magazine.

GCS CREDIT UNION CELEBRATES 80 YEARS

GCS Credit Union was recently presented with a Mayoral Proclamation from Mayor Mike Parkinson of Granite City, Illinois.

POPi/o Video Banking Partners With Jaguar Software To Restore Human Touch To Digital Processing & Deposit Services

Video banking leader’s latest collaboration demonstrates technologies coming together to embrace human interaction and build real relationships

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 ...

1st University Credit Union Welcomes New EVP to the Team

1st University CU today announced Kevin Hood has joined the credit union as an executive vice president to oversee Information Systems & Compliance.

PSCU Announces Second Annual “Credit Union Give Back Sweepstakes”

For the second year, the PSCU-sponsored Credit Union Give Back Sweepstakes will encourage card usage to increase member engagement and loyalty.

CO-OP Analysis of Prime Day Shows Debit Cards Are Preferred

Transaction data analyzed by CO-OP reveals debit cards were far and away the preferred spending tool for CU members participating in Amazon Prime Day.

Tower FCU Recognized as #1 Credit Union in Maryland by Forbes

Tower FCU has been recognized as Maryland’s #1 Best-in-State Credit Union for 2021 by Forbes Magazine.

GCS CREDIT UNION CELEBRATES 80 YEARS

GCS Credit Union was recently presented with a Mayoral Proclamation from Mayor Mike Parkinson of Granite City, Illinois.

POPi/o Video Banking Partners With Jaguar Software To Restore Human Touch To Digital Processing & Deposit Services

Video banking leader’s latest collaboration demonstrates technologies coming together to embrace human interaction and build real relationships

Indiana Members Credit Union Contributes $1,500 to North Central High School

Indiana Members Credit Union presented a check for $1,500 to North Central High School as part of an ongoing school spirit debit card program.

TruPartner Credit Union Embarks on a Remarkable Community Service Project by Donating 35 Bikes to Hays Porter Elementary School

TruPartner Credit Union is excited to announce its latest community service initiative to foster teamwork and give back to the community. In a heartwarming gesture, ...

Coastal Credit Union Foundation Awards 11 New Grants to Local Nonprofits

The Coastal Credit Union Foundation announced today that it has awarded $230,300 to 11 nonprofits in North Carolina. The Foundation prioritizes funding projects in four ...

‘The Financial Lives of Californians,’ a New Research Study from Gallup and SchoolsFirst FCU, Explores Residents’ Financial Wellbeing and Relationships with Money and Financial Institutions

When it comes to managing money, California residents appear more confident about their current situations than they do about their futures. Respondents to a study ...

CUES Set to Honor Award Winners, Hall of Fame Inductees and International CU Day

CUES is set to celebrate its members and honor its award winners and CUES Hall of Fame inductees during the CUES Member Appreciation & Awards ...

Day Air Credit Union Awards Two $1,000 Scholarships to Area Students

Day Air Credit Union was proud to partner with the Dayton Dragons to present College Prep Night to local high school students and their families. ...
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