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: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This is especially critical today, with inflation, mass layoffs, cost-of-living increases, high interest rates and the resumption of student loan payments contributing to consumers’ plummeting financial health. MarketWatch Guides reported that, between 2022 and 2023, U.S.

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit debit card program. Since beginning the program in 2013, Noblesville High School has earned $30,155 through this IMCU giveback program.

Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge

Justice Federal Credit Union and Law Enforcement & Technology Federal Credit Union are excited to announce their intent to merge contingent upon member vote. Both credit unions serve the justice and law enforcement community. Once approved, Justice Federal would serve more than 68,000 members, with twenty branches across the nation, and over $1B in assets.

Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award

Day Air Credit Union is delighted to receive the 2023 Economic Vehicle Accessibility Award from Open Lending, a leader in automotive lending and risk analysis for financial institutions. This award, the first of its kind, recognizes Day Air’s dedication to facilitating vehicle ownership by providing fair financing to consumers with near-prime and non-prime credit ratings.

Corporate Central Announces Strategic Investment in Curql Fund II

Corporate Central is proud to announce it has made a strategic investment in Curql Fund II, an innovative investment fund specializing in fintech. This fund prioritizes supporting credit unions to stay competitive and relevant by strategically investing in fintech tailored for their needs.

SDFCU Appoints Jonathan Hernandez as New Chief Lending Officer

State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending Officer. Jonathan joins SDFCU from Andrews Federal Credit Union, where he served as Vice President of Lending. As Chief Lending Officer, Jonathan will be responsible for overseeing all facets of SDFCU’s lending operations, including mortgage

Eltropy Announces Speaker Lineup for EMERGE 2024 — the Premier Event Bringing Generative AI Learning Center Stage for Credit Unions

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today unveiled the speaker lineup for its annual EMERGE 2024 user conference. The three-and-a-half day event, taking place May 14-17 in Santa Clara, California, brings together the Eltropy, credit union, and community bank communities for learning, fun, and building connections.

MeridianLink Powers Enhanced Member Experience for Space Coast Credit Union with Advanced Decisioning Capabilities

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced Space Coast Credit Union (SCCU) successfully implemented capabilities by adding MeridianLink’s Advanced Decisioning module, a cutting-edge solution designed to augment automated decisioning through increased flexibility and customization.

During March FoodShare Month TopLine Financial Credit Union Members And Employees Give Back To Local Twin Cities Communities

TopLine held a food drive during the month of March for the MN FoodShare March Campaign benefiting three local non-profits, Community Emergency Assistance Programs (CEAP), Keystone Community Services and Volunteers Enlisted to Assist People (VEAP). TopLine members and employees generously donated non-perishable food items of canned vegetables, soups, dry pasta, and more to help fight

Priority Plus Federal Credit Union Selects Cinnamon Elliott As President/CEO

Wilmington, DE, April 05, 2024. The Board of Directors of Priority Plus Federal Credit Union is pleased to announce the selection of Cinnamon Elliott as the credit union’s new President/Chief Executive Officer. Ms. Elliott will succeed Ms. Susan Winward, who is retiring after 30 years of dedicated service. “We are excited to have Cinnamon join

MCCU Wins Six 2024 Best of the Best Awards

MARSHALL, MICHIGAN – MemberXP, a leading customer experience program offered through CU Solutions Group, has awarded Marshall Community Credit Union (MCCU) with six 2024 Best of the Best awards. Annually, the Best of the Best awards are given to credit unions that consistently provide extraordinary service, as reported by their own members. In 2023, MemberXP

LGE Community Credit Union celebrates grand opening of Cartersville branch

On Tuesday, March 26, LGE Community Credit Union celebrated the official grand opening of its new Cartersville branch, located at 105 Main St. Market Place, Cartersville, GA 30121. The new location is LGE’s first in Bartow County and 16th branch overall.

Clearview Federal Credit Union Receives Top Workplace USA Recognition

Clearview Federal Credit Union is pleased to announce that it has earned the 2024 Top Workplaces USA award, distinguishing it as the sole credit union in Pennsylvania and one of only 53 across the nation to receive this prestigious recognition.

Strategic Partnerships

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. New Q1 partners ...
Marketing

Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition

Universal 1 Credit Union (U1) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This ...
Personnel Promotions

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, ...
Strategic Partnerships

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech ...
Making A Difference

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit ...
Personnel Promotions

United Federal Credit Union Names Zach Thompson Branch Manager in Buchanan

United Federal Credit Union (United) has named Zach Thompson as Branch Manager at its branch at 808 E Front St. ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 05, 2024

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

Redwood Credit Welcomes New Vice President of Insurance Services

Redwood Credit Union has hired Forest de Jong as Vice President of insurance services.
Operations & HR

GreenState Credit Union earns National Workplace Honor

GreenState Credit Union was recently honored as the #16 Top Workplace in the Nation, according to USA Today.
Other

Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge

Justice Federal Credit Union and Law Enforcement & Technology Federal Credit Union are excited to announce their intent to merge ...
Lending

Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award

Day Air Credit Union is delighted to receive the 2023 Economic Vehicle Accessibility Award from Open Lending, a leader in ...
Strategic Partnerships

Corporate Central Announces Strategic Investment in Curql Fund II

Corporate Central is proud to announce it has made a strategic investment in Curql Fund II, an innovative investment fund ...
Personnel Promotions

SDFCU Appoints Jonathan Hernandez as New Chief Lending Officer

State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending ...
Marketing

Greater Texas|Aggieland Credit Union Earned Three Diamond Awards Amid Record-Breaking Competition

Greater Texas|Aggieland Credit Union received the prestigious honor of three Diamond Awards from the America’s Credit Unions Marketing & Business ...
Industry Analysis & Trends

Eltropy Announces Speaker Lineup for EMERGE 2024 — the Premier Event Bringing Generative AI Learning Center Stage for Credit Unions

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today unveiled the speaker lineup for its annual EMERGE ...
Marketing

Yolo FCU named Diamond Awards recipient amid record-breaking competition

Yolo Federal Credit Union was among 168 credit unions nationwide named as winners of prestigious Diamond Awards-the Marketing & Business ...
Technology

MeridianLink Powers Enhanced Member Experience for Space Coast Credit Union with Advanced Decisioning Capabilities

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced ...
Making A Difference

During March FoodShare Month TopLine Financial Credit Union Members And Employees Give Back To Local Twin Cities Communities

TopLine held a food drive during the month of March for the MN FoodShare March Campaign benefiting three local non-profits, ...
Marketing

GTE Financial Named Diamond Awards Recipient Amid Record-Breaking Competition

Locally owned and operated credit union GTE Financial was among 168 credit unions nationwide named as winners of the prestigious ...
Making A Difference

Indiana Members Credit Union Named One of the 2024 Best Places to Work in Indiana

Indiana Members Credit Union was recently named one of the 2024 Best Places to Work in Indiana. This marks the ...
Personnel Promotions

Priority Plus Federal Credit Union Selects Cinnamon Elliott As President/CEO

Wilmington, DE, April 05, 2024. The Board of Directors of Priority Plus Federal Credit Union is pleased to announce the ...
Industry Analysis & Trends

Callahan & Associates Breaks Down The NCUA’s 2024 Supervisory Priorities

Callahan & Associates is pleased to announce its upcoming webinar, Trendwatch Deep Dive:NCUA’s 2024 Supervisory Priorities, scheduled for April 18th ...
Marketing

MCCU Wins Six 2024 Best of the Best Awards

MARSHALL, MICHIGAN – MemberXP, a leading customer experience program offered through CU Solutions Group, has awarded Marshall Community Credit Union ...
Operations & HR

LGE Community Credit Union celebrates grand opening of Cartersville branch

On Tuesday, March 26, LGE Community Credit Union celebrated the official grand opening of its new Cartersville branch, located at ...
Industry Analysis & Trends

New Hire Press Release from The Baker Group

The Baker Group Expands and Reaffirms Its Commitment to an Industry-Best Public Finance Platform with Key Hire
Making A Difference

Clearview Federal Credit Union Receives Top Workplace USA Recognition

Clearview Federal Credit Union is pleased to announce that it has earned the 2024 Top Workplaces USA award, distinguishing it ...
Industry Analysis & Trends

PSCU/Co-op Solutions Launches Fintech Engagement Program

PSCU/Co-op Solutions has announced the launch of its Fintech Engagement Program, which is designed to drive collaboration between financial solutions ...
Making A Difference

Indiana Members Credit Union Contributes $1,838 to Westfield High School

Indiana Members Credit Union recently presented a check for $1,838 to Westfield High School as part of an ongoing school ...
Strategic Partnerships

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. New Q1 partners ...
Marketing

Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition

Universal 1 Credit Union (U1) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This ...
Personnel Promotions

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, ...
Strategic Partnerships

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech ...
Making A Difference

Indiana Members Credit Union Contributes $2,609 to Noblesville High School

Indiana Members Credit Union presented a check for $2,609 to Noblesville High School as part of an ongoing school spirit ...
Personnel Promotions

United Federal Credit Union Names Zach Thompson Branch Manager in Buchanan

United Federal Credit Union (United) has named Zach Thompson as Branch Manager at its branch at 808 E Front St. ...
Industry Analysis & Trends

Baker Market Update – Week in Review: April 05, 2024

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

Redwood Credit Welcomes New Vice President of Insurance Services

Redwood Credit Union has hired Forest de Jong as Vice President of insurance services.
Operations & HR

GreenState Credit Union earns National Workplace Honor

GreenState Credit Union was recently honored as the #16 Top Workplace in the Nation, according to USA Today.
Other

Law Enforcement & Technology Federal Credit Union and Justice Federal Credit Union Announce their Intent to Merge

Justice Federal Credit Union and Law Enforcement & Technology Federal Credit Union are excited to announce their intent to merge ...
Lending

Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award

Day Air Credit Union is delighted to receive the 2023 Economic Vehicle Accessibility Award from Open Lending, a leader in ...
Strategic Partnerships

Corporate Central Announces Strategic Investment in Curql Fund II

Corporate Central is proud to announce it has made a strategic investment in Curql Fund II, an innovative investment fund ...
Personnel Promotions

SDFCU Appoints Jonathan Hernandez as New Chief Lending Officer

State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending ...
Marketing

Greater Texas|Aggieland Credit Union Earned Three Diamond Awards Amid Record-Breaking Competition

Greater Texas|Aggieland Credit Union received the prestigious honor of three Diamond Awards from the America’s Credit Unions Marketing & Business ...
Industry Analysis & Trends

Eltropy Announces Speaker Lineup for EMERGE 2024 — the Premier Event Bringing Generative AI Learning Center Stage for Credit Unions

Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today unveiled the speaker lineup for its annual EMERGE ...
Marketing

Yolo FCU named Diamond Awards recipient amid record-breaking competition

Yolo Federal Credit Union was among 168 credit unions nationwide named as winners of prestigious Diamond Awards-the Marketing & Business ...
Technology

MeridianLink Powers Enhanced Member Experience for Space Coast Credit Union with Advanced Decisioning Capabilities

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced ...
Making A Difference

During March FoodShare Month TopLine Financial Credit Union Members And Employees Give Back To Local Twin Cities Communities

TopLine held a food drive during the month of March for the MN FoodShare March Campaign benefiting three local non-profits, ...
Marketing

GTE Financial Named Diamond Awards Recipient Amid Record-Breaking Competition

Locally owned and operated credit union GTE Financial was among 168 credit unions nationwide named as winners of the prestigious ...
Making A Difference

Indiana Members Credit Union Named One of the 2024 Best Places to Work in Indiana

Indiana Members Credit Union was recently named one of the 2024 Best Places to Work in Indiana. This marks the ...
Personnel Promotions

Priority Plus Federal Credit Union Selects Cinnamon Elliott As President/CEO

Wilmington, DE, April 05, 2024. The Board of Directors of Priority Plus Federal Credit Union is pleased to announce the ...
Industry Analysis & Trends

Callahan & Associates Breaks Down The NCUA’s 2024 Supervisory Priorities

Callahan & Associates is pleased to announce its upcoming webinar, Trendwatch Deep Dive:NCUA’s 2024 Supervisory Priorities, scheduled for April 18th ...
Marketing

MCCU Wins Six 2024 Best of the Best Awards

MARSHALL, MICHIGAN – MemberXP, a leading customer experience program offered through CU Solutions Group, has awarded Marshall Community Credit Union ...
Operations & HR

LGE Community Credit Union celebrates grand opening of Cartersville branch

On Tuesday, March 26, LGE Community Credit Union celebrated the official grand opening of its new Cartersville branch, located at ...
Industry Analysis & Trends

New Hire Press Release from The Baker Group

The Baker Group Expands and Reaffirms Its Commitment to an Industry-Best Public Finance Platform with Key Hire
Making A Difference

Clearview Federal Credit Union Receives Top Workplace USA Recognition

Clearview Federal Credit Union is pleased to announce that it has earned the 2024 Top Workplaces USA award, distinguishing it ...
Industry Analysis & Trends

PSCU/Co-op Solutions Launches Fintech Engagement Program

PSCU/Co-op Solutions has announced the launch of its Fintech Engagement Program, which is designed to drive collaboration between financial solutions ...
Making A Difference

Indiana Members Credit Union Contributes $1,838 to Westfield High School

Indiana Members Credit Union recently presented a check for $1,838 to Westfield High School as part of an ongoing school ...

Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services

myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. New Q1 partners represent over 131,000 members and ...

Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition

Universal 1 Credit Union (U1) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the Marketing & Business Development Council’s ...

Baker Market Update – Week in Review: April 12, 2024

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

The Keys to Effective Bankruptcy and Repossession Strategies

As consumers struggle to make payments, it is vital for financial institutions to implement successful bankruptcy and repossession strategies. This is especially critical today, with ...

Yolo Federal Credit Union Announces Key Leadership Positions

Yolo Federal Credit Union is pleased to announce new key leadership positions within the executive team, including Chief Operating Officer, Chief Lending Officer, and Chief ...

Neural Payments and Sharetec Partner To Offer Embedded P2P Functionality

Peer-to-peer (P2P) payments pioneer Neural Payments is pleased to announce it has partnered with Sharetec, a progressive, credit union-centric fintech supporting more than 280 credit ...
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