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

NASCUS President and CEO Lucy Ito Comments on June NCUA Board Meeting

NCUA Board unanimously approved two final rules, NASCUS welcomes support for both issues.

RSM Owners Raise $115,000 for Charity with Virtual 5K

RSM recently raised more than $115,000 for charitable organizations helping families, across the country and in Canada, through a virtual 5K.

Baker Market Update – Week in Review: June 25, 2021

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

Cambio: The Big Change, Marginalized America Can Now Recover and Rebuild

Cambio partnered with LSC, a payments and banking service, to serve as its bank of record, card issuer, and processor.

Coastal Credit Union on Forbes America’s Best-In-State Credit Unions 2021 List

Coastal Credit Union has been named to the Forbes list of America’s Best-In-State Credit Unions for 2021.

Texas Trust Awards $20,000 in Scholarships to AISD Graduates

Arlington Independent School District graduates Braden Cooner and Abagail Kevil each received $10,000 scholarships from Texas Trust Credit Union.

MarketMatch selected by Education Credit Union for website redesign

MarketMatch announces it has been retained by Texas-based Education Credit Union to redesign and upgrade its website.

United Federal Credit Union Welcomes New Board Director and Associate Director

United Federal Credit Union (United) is pleased to announce the appointment of two new members to its Board of Directors.

Park Community Credit Union Selects the Origence Consumer LOS to Streamline Loan Originations and Enhance Borrower Experience

The $1 billion credit union chooses Origence to create lending efficiencies and simplify its loan application process.

Washima Huq with Texas Trust Honored with UT Arlington Shining Star Award

Washima Huq, Business and Community Engagement Partner with Texas Trust, has been awarded the Mavericks Community Shining Star award from UTA.

Jax Federal Credit Union Seeks Applications for Open Board of Directors Position

Jax Federal Credit Union is actively accepting applications to identify its newest addition to the Board of Directors.

Jeanne D’Arc Credit Union Executive Brian Sousa graduates LEADS

Jeanne D’Arc is pleased to announce that Brian Sousa recently graduated from Leaders Engaged and Activated to Drive System-wide change (LEADS).

CUSO Financial and Quincy Credit Union Announce New Partnership

CUSO Financial and Quincy Credit Union Announce New Partnership

Cornerstone Resources helps place VP at TFCU

El Paso Area Teachers FCU (TFCU) has named Arturo Bujanda as its vice president of TFCU, Holdings, LLC

Spero Financial Named One of South Carolina’s 2021 Best Places to Work

Spero Financial, a South Carolina-based financial cooperative, has been named one of the 2021 Best Places to Work in South Carolina.

GCS EMPLOYEES DONATE $835 TO CHS HISPANIC HERITAGE CLUB

GCS Credit Union employees show their support for the CHS Hispanic Heritage Club through their Growing Community Schools jean program.

JUDI.AI Pledges 1% of Equity to Vancity Community Foundation

JUDI.AI is proud to announce they have pledged 1% of their equity to Vancity Community Foundation to help build inclusive and sustainable communities.
Personnel Promotions

Jack Henry Appoints Chris King as Chief Sales and Marketing Officer

Today, Jack Henry announced that Chris King has been named chief sales and marketing officer following the retirement of Steve Tomson.

Harris Poll Research: AI Looms Large on the Digital Banking Frontier

SRM commissioned a consumer survey to assess changes in banking habits due to the effects of COVID-19 and today shared results.
Personnel Promotions

Clearview names 2021 Joseph C. Cirelli Community Service Award Winner

Clearview announced the winner of the Joseph C. Cirelli Community Service Award. The winner's charity receives a $5,000 donation.

Advantis Credit Union Celebrates Future Corporate Campus in Oregon City with Official Groundbreaking Ceremony

Advantis Credit Union held a groundbreaking ceremony to mark the start of construction on its new corporate campus in Oregon City.

Constellation Launches First Suite of Digital Services with Coastal Credit Union

The Coastal bill payment service by Payrailz successfully goes live on the platform

Compliance Systems Signs 48 New Financial Institutions in First Quarter

Compliance Systems announced today that 48 banks and credit unions have partnered with the company in the first quarter of 2021.

UMCU NAMED BEST COMPANY TO WORK FOR IN THE NATION AND REGION

The University of Michigan Credit Union, UMCU, has been named a 2021 Best and Brightest Company to Work For® in the Nation and Metro Detroit.

Miami Valley home to new MyUSA Credit Union

MidUSA and Heartland Federal Credit Union partnership brings new credit union to the Miami Valley. Nine local branches now spanning the Miami Valley.
Strategic Partnerships

Fargo Public Schools Federal Credit Union expands digital functionality with Finastra

Finastra’s Fusion Digital Banking enables Fargo Public Schools Federal Credit Union to attract members and future proof its digital banking experience

Redstone’s Terri Bentley wins CIO of the Year Award

Alabama CIO named Terri Bentley, Senior EVP & CIO at Redstone Federal Credit Union, a 2021 CIO of the Year® ORBIE® Awards winner.

WPCU Annual Meeting Showcases How Credit Union Rose to the Challenge of Meeting Member Needs During Pandemic

WPCU shares the credit union’s achievements and challenges from 2020 in annual meeting and report to the community.

CUES Offers New ALM Resource for CU Board Members

CU directors have a new ALM resource to turn to, thanks to a course covering the topic available now as part of the CUES Director ...

Depreciation Protection Adds Nine New Credit Unions

Depreciation Protection grows assets covered by 40% with the addition of nine new clients. New customers approach $13B in total assets in 2021.

NASCUS President and CEO Lucy Ito Comments on June NCUA Board Meeting

NCUA Board unanimously approved two final rules, NASCUS welcomes support for both issues.

RSM Owners Raise $115,000 for Charity with Virtual 5K

RSM recently raised more than $115,000 for charitable organizations helping families, across the country and in Canada, through a virtual 5K.

Baker Market Update – Week in Review: June 25, 2021

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

Cambio: The Big Change, Marginalized America Can Now Recover and Rebuild

Cambio partnered with LSC, a payments and banking service, to serve as its bank of record, card issuer, and processor.

Coastal Credit Union on Forbes America’s Best-In-State Credit Unions 2021 List

Coastal Credit Union has been named to the Forbes list of America’s Best-In-State Credit Unions for 2021.

Texas Trust Awards $20,000 in Scholarships to AISD Graduates

Arlington Independent School District graduates Braden Cooner and Abagail Kevil each received $10,000 scholarships from Texas Trust Credit Union.

MarketMatch selected by Education Credit Union for website redesign

MarketMatch announces it has been retained by Texas-based Education Credit Union to redesign and upgrade its website.

United Federal Credit Union Welcomes New Board Director and Associate Director

United Federal Credit Union (United) is pleased to announce the appointment of two new members to its Board of Directors.

Park Community Credit Union Selects the Origence Consumer LOS to Streamline Loan Originations and Enhance Borrower Experience

The $1 billion credit union chooses Origence to create lending efficiencies and simplify its loan application process.

Washima Huq with Texas Trust Honored with UT Arlington Shining Star Award

Washima Huq, Business and Community Engagement Partner with Texas Trust, has been awarded the Mavericks Community Shining Star award from UTA.

Jax Federal Credit Union Seeks Applications for Open Board of Directors Position

Jax Federal Credit Union is actively accepting applications to identify its newest addition to the Board of Directors.

Jeanne D’Arc Credit Union Executive Brian Sousa graduates LEADS

Jeanne D’Arc is pleased to announce that Brian Sousa recently graduated from Leaders Engaged and Activated to Drive System-wide change (LEADS).

CUSO Financial and Quincy Credit Union Announce New Partnership

CUSO Financial and Quincy Credit Union Announce New Partnership

Cornerstone Resources helps place VP at TFCU

El Paso Area Teachers FCU (TFCU) has named Arturo Bujanda as its vice president of TFCU, Holdings, LLC

Spero Financial Named One of South Carolina’s 2021 Best Places to Work

Spero Financial, a South Carolina-based financial cooperative, has been named one of the 2021 Best Places to Work in South Carolina.

GCS EMPLOYEES DONATE $835 TO CHS HISPANIC HERITAGE CLUB

GCS Credit Union employees show their support for the CHS Hispanic Heritage Club through their Growing Community Schools jean program.

JUDI.AI Pledges 1% of Equity to Vancity Community Foundation

JUDI.AI is proud to announce they have pledged 1% of their equity to Vancity Community Foundation to help build inclusive and sustainable communities.
Personnel Promotions

Jack Henry Appoints Chris King as Chief Sales and Marketing Officer

Today, Jack Henry announced that Chris King has been named chief sales and marketing officer following the retirement of Steve Tomson.

Harris Poll Research: AI Looms Large on the Digital Banking Frontier

SRM commissioned a consumer survey to assess changes in banking habits due to the effects of COVID-19 and today shared results.
Personnel Promotions

Clearview names 2021 Joseph C. Cirelli Community Service Award Winner

Clearview announced the winner of the Joseph C. Cirelli Community Service Award. The winner's charity receives a $5,000 donation.

Advantis Credit Union Celebrates Future Corporate Campus in Oregon City with Official Groundbreaking Ceremony

Advantis Credit Union held a groundbreaking ceremony to mark the start of construction on its new corporate campus in Oregon City.

Constellation Launches First Suite of Digital Services with Coastal Credit Union

The Coastal bill payment service by Payrailz successfully goes live on the platform

Compliance Systems Signs 48 New Financial Institutions in First Quarter

Compliance Systems announced today that 48 banks and credit unions have partnered with the company in the first quarter of 2021.

UMCU NAMED BEST COMPANY TO WORK FOR IN THE NATION AND REGION

The University of Michigan Credit Union, UMCU, has been named a 2021 Best and Brightest Company to Work For® in the Nation and Metro Detroit.

Miami Valley home to new MyUSA Credit Union

MidUSA and Heartland Federal Credit Union partnership brings new credit union to the Miami Valley. Nine local branches now spanning the Miami Valley.
Strategic Partnerships

Fargo Public Schools Federal Credit Union expands digital functionality with Finastra

Finastra’s Fusion Digital Banking enables Fargo Public Schools Federal Credit Union to attract members and future proof its digital banking experience

Redstone’s Terri Bentley wins CIO of the Year Award

Alabama CIO named Terri Bentley, Senior EVP & CIO at Redstone Federal Credit Union, a 2021 CIO of the Year® ORBIE® Awards winner.

WPCU Annual Meeting Showcases How Credit Union Rose to the Challenge of Meeting Member Needs During Pandemic

WPCU shares the credit union’s achievements and challenges from 2020 in annual meeting and report to the community.

CUES Offers New ALM Resource for CU Board Members

CU directors have a new ALM resource to turn to, thanks to a course covering the topic available now as part of the CUES Director ...

Depreciation Protection Adds Nine New Credit Unions

Depreciation Protection grows assets covered by 40% with the addition of nine new clients. New customers approach $13B in total assets in 2021.

SECU Foundation Launches New Disaster Response Pilot to Assist North Carolina Non-Profits

SECU Foundation is pleased to announce the pilot of a new Disaster Response Program to address capacity building for North Carolina non-profits located in disaster ...

LGE Community Credit Union completes acquisition of Greater Community Bank

LGE Community Credit Union (“LGE”), a $2.04 billion-asset institution based in Atlanta, announced that it finalized its acquisition of Greater Community Bank, a community bank ...

MyUSA Credit Union Case Study: Neighborhood CUs Become “Better Together” at Serving Their Members

So much can go wrong during a merger! This case study shows how a strategic plan for collecting and responding to member feedback helped a ...

Indiana Members Foundation Golf Outing Raises $32,000

Indiana Members Foundation, the charitable arm of Indiana Members Credit Union, hosted its Annual Golf Outing on Monday, July 17, 2023 and raised $32,000 to ...

SchoolsFirst Federal Credit Union Donates 2,500 Filled Backpacks to 11 County Offices of Education Throughout California

SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced its Membership Development and Advocacy teams delivered 2,500 backpacks ...

Cooperative Block Party Draws Crowd to Downtown Raleigh

On Saturday, September 23, Coastal Credit Union, Weaver Street Market, and several area cooperatives hosted a Cooperative Block Party, which was the first of its ...
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