# The Credit Union Connection > Connecting credit union professionals, businesses, and communities by sharing inspiring career stories, valuable development resources, and innovative solutions to enhance member experiences and drive industry growth ## Posts - [Fringe Is the New Mainstream: Community Development Credit Unions](https://thecreditunionconnection.com/fringe-is-the-new-mainstream-community-development-credit-unions/): Every service and program a credit union offers is built with the needs of the community in mind, and this particularly critical for members of community development credit unions. Jamie Strayer, co-owner and founder of Credit Union Strategic Planning, shared that most credit unions could qualify as Community Development Financial Institutions and receive grant funds from the Treasury Department they can leverage to spread even more credit union goodness! Credit unions don’t realize the work they do every day is special, Jamie observed; they are just doing the work they set out to do, which is character- and risk-based lending […] - [Achieving CECL Embedded Credit Enhancement Treatment](https://thecreditunionconnection.com/achieving-cecl-embedded-credit-enhancement-treatment/): CECL (Current Expected Credit Losses) implementation may seem scary at first regarding the time for implementation, lack of specific regulatory guidelines and potential impact on allowance for loan-lease losses. During our recent webinar, our partners at KPMG discussed the big banks’ experience with it thus far, which the audit firm expects to carry over into community financial institutions, and the impact of COVID-19, along with the CECL Survey shared by Reza Van Roosmalen and Emily De Revere of KPMG. Some of the early data may surprise you. To watch the “Achieving CECL Embedded Credit Enhancement Webinar” and download the accompanying […] - [Credit Union Welcomes More Loans With YMC Engagement](https://thecreditunionconnection.com/credit-union-welcomes-more-loans-with-ymc-engagement/): Shift from initial resistance to partnership leads to strong results for Welcome FCU! Welcome Federal Credit Union had been engaged with Your Marketing Co. since 2017 when CEO Stacey Mills visited YMC’s headquarters in Greenville, S.C. in 2019. While there, he noticed YMC’s Wall of Fame, highlighting the company’s best performing credit union clients. Welcome FCU was not on it; Welcome FCU was on a different wall. “I asked Bo, ‘how do we get on that wall?’” Mills recalls, indicating the Wall of Fame. “He responded with a handful of priority items that needed to be addressed to make the […] - [2 Keys to Facing Future Fraud](https://thecreditunionconnection.com/2-keys-to-facing-future-fraud-for-credit-unions/): Credit unions must be strategic in their fraud prevention, enlisting their entire teams in the effort. - [Cut Income Tax to Boost the US Economy](https://thecreditunionconnection.com/cut-income-tax-to-boost-the-us-economy/): In terms of the entire history of the United States, the federal income tax is relatively new, having been introduced in 1913. Since then, rates have frequently increased with the top marginal rate now sitting at 37%. This increase unfortunately has had a negative impact on economic growth in this country. A decrease in income tax rate would greatly stimulate the economy. By putting more money, and therefore more purchasing power into the pockets of citizens, the result almost certainly would be a major boom in economic production. This graph illustrates the point. These 30 first-world countries, defined as a […] - [How long would it take you to explain your services?](https://thecreditunionconnection.com/how-long-would-it-take-you-to-explain-your-services/): 86,400 seconds a dayThat’s how long it would take Australian smartbank, 86 400, to explain all the different ways customers can use its banking services. Innovations allow consumers to have more ownership and control over their financial wellness, and … Click here to continue reading… - [Real Results of Credit Union Do-Gooding](https://thecreditunionconnection.com/real-results-of-credit-union-do-gooding/): It is not uncommon for someone dealing with a difficult financial situation to come to a credit union seeking help. On those days when work can be difficult, hopefully these stories will remind you why you do what you do for your credit union and your members. It’s people helping people. - [3 Ways Credit Unions Can Raise Awareness During Financial Literacy Month](https://thecreditunionconnection.com/3-ways-to-credit-union-raise-awareness-during-financial-literacy-month/): April is National Financial Literacy Month, and credit unions across the country are taking the time to educate the public and provide tips on how someone can improve their finances. At the same time, this is also an opportunity to share with consumers about your credit union and what you do. Here are a few ways you can teach financial literacy and bring some attention to your digital outlets and social media! Create and Provide Resources Anyone looking for information on anything will want to look for the most reliable sources of information. Naturally, credit unions have a lot of […] - [University Credit Union Makes Shift from Digital First to AI First](https://thecreditunionconnection.com/61c6qf7gl10d2oym7cltuta6i3pvsn/) - [Will Public Transportation Make a Comeback In 2021?](https://thecreditunionconnection.com/will-public-transportation-make-a-comeback-in-2021/): Given the fear of the COVID-19 pandemic, some who previously rode public transportation or used ride-sharing services, like Uber, are looking at car loans. Or will they as fears subside? - [5 Questions to Ask Regarding the Impact of U.S. Migration on Your Credit Union](https://thecreditunionconnection.com/5-questions-to-ask-regarding-the-impact-of-us-migration-on-your-credit-union/): Americans are moving for a variety of reasons right now, and your credit union should keep up to date on the migration patterns that affect your field of membership. - [Credit Union Relevance Requires Proper Steps in Tech Implementation ](https://thecreditunionconnection.com/credit-union-relevance-requires-proper-steps-in-tech-implementationnbsp/): The best credit union technology deployments take into account not only the digital side, but also the people side. - [How Much Does A New Member Cost?](https://thecreditunionconnection.com/how-much-does-a-new-member-cost/): The great debate. Sometimes it is about the price tag. It’s kind of like… Find your credit union’s price tag here. - [Get Personal with your Members](https://thecreditunionconnection.com/why-financial-institutions-need-personalized-financial-services/): Personalization in banking isn’t a new trend; it’s a reimagining of the business model from a digital marketing perspective. Credit unions’ business was once highly personal: Loans were made on a handshake and tellers knew almost everyone that came in. Now the very technology that has perhaps created a divide between credit union and member can once again…Continue reading here… - [GameStop And The Redditors: My Take on the Stock Market Insanity](https://thecreditunionconnection.com/gamestop-and-the-redditors-my-take-on-the-stock-market-insanity/): GameStop stocks made big headlines recently when Robinhood traders collaborated to support the video game retailer and bring down big investors. - [Emergency Capital Investment Program (ECIP) Overview](https://thecreditunionconnection.com/emergency-capital-investment-program-ecip-overview/): The recently enacted Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (H.R. 133) contained $12 billion for CDFIs and MDIs through three additional Treasury programs. The intent of the appropriation is to help communities struggling with the economic impacts of the COVID-19 pandemic. This overview describes the ECIP Program. Click here to continue reading… - [Underground Collision Raw: 2020 Washington DC](https://thecreditunionconnection.com/underground-collision-raw-2020-washington-dc/): The Underground Collision returned to the historic Top of the Hay-Adams hotel to challenge the our idea of authentic membership growth and…Click here to read more… Don’t miss the Underground Collision BFO, March 1! Register here. - [Americans Turn to Credit Unions in Times of Crisis](https://thecreditunionconnection.com/americans-turn-to-credit-unions-in-times-of-crisis/): Credit unions serve Main Street, not Wall Street, which is a mega-reason they’re more personal in their service. - [Don’t Go Chasing Waterfalls](https://thecreditunionconnection.com/waterfall-vs-agile/): Is your credit union or credit union business partner chasing waterfalls when it should be more agile? - [Why the Federal Reserve System Should Be Abolished](https://thecreditunionconnection.com/why-the-federal-reserve-system-should-be-abolished/): The actions of the Federal Reserve and Federal Open Market Committee affects everything from how the economy is performing to stock and bond mutual funds to loan rates, and subsequently everything from property values to employment. The Federal Reserve is the centrally controlled monetary banking system of the United States, created in 1913 through means not enumerated in the Constitution. Since then, it has been a disaster for the American economy, and can be connected to three of the most devastating economic crises in recent history. The Great Depression was in large part caused by the Federal Reserve. In the […] - [Marketing On An Island: How Credit Unions Can Connect Through Animal Crossing](https://thecreditunionconnection.com/blog-post-title-one-d5lgb-dy9e7/): For credit union marketing, It can all begin with a creative idea that sparks member wow. Is your credit union and its marketing maintaining relevance? - [Don’t get distracted by the bank lobby sideshow](https://thecreditunionconnection.com/dont-get-distracted-by-the-bank-lobby-sideshow/): Credit unions are frequently attacked by banks on political and competitive levels. You do you, boo! - [Rise Up to Help Communities Struggling with COVID’s Economic Impact](https://thecreditunionconnection.com/rise-up-to-help-communities-struggling-with-covids-economic-impact/): Community development credit unions have HUGE opportunities right now to get FREE MONEY FROM THE GOVERNMENT to help you serve your members! - [Car prices up but consumers want payments down](https://thecreditunionconnection.com/new-auto-lending-trends-for-the-new-year/): Car buyers are looking for a good deal from your credit union on a new car in 2021. See how you can make the loan and make bank – so to speak…Click here to continue reading… - [Spectra Credit Union\'s Kate Brennan selected as 2022 Miriam Rivera Lieb Emerging Leader Award Winner](https://thecreditunionconnection.com/spectra-credit-unions-kate-brennan-selected-as-2022-miriam-rivera-lieb-emerging-leader-award-winner/): After several rounds of competition, the Miriam Rivera Lieb Emerging Leader Award was presented by the MD|DC Credit Union Association (MD|DC CUA) to Kate Brennan of Spectra Credit Union - [Hanscom FCU Awards $7,500 in Seed Money to Veteran-owned Startup](https://thecreditunionconnection.com/hanscom-fcu-awards-7500-in-seed-money-to-veteran-owned-startup/): Riverbend Resources (riverbendresources.com) and took home the $7,500 second-place prize. A total of $25,000 in seed money was donated by the event’s presenter, Hanscom Federal Credit Union. - [CUNA Research: Housing, Energy, and Food Prices Led May Price Increases](https://thecreditunionconnection.com/cuna-research-housing-energy-and-food-prices-led-may-price-increases/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s May Consumer Index Report: - [Co-op Research Finds Credit Unions Can Challenge Fintechs with Daily Member Interaction via Payments](https://thecreditunionconnection.com/co-op-research-finds-credit-unions-can-challenge-fintechs-with-daily-member-interaction-via-payments/): Coastal Credit Union has expanded its already close partnership with Co-op Solutions, adding Co-op Digital Card Issuance for debit and credit cards as part of an emphasis on digital-first for enhanced member experiences. - [OnPoint Community Credit Union Names Cirith Anderson as Chief Risk Officer](https://thecreditunionconnection.com/onpoint-community-credit-union-names-cirith-anderson-as-chief-risk-officer/): Cirith Anderson, Senior Vice President/Chief Risk Officer, OnPoint Community Credit Union - [Kinecta Federal Credit Union Celebrates Black-Owned Businesses](https://thecreditunionconnection.com/kinecta-federal-credit-union-celebrates-black-owned-businesses/): As part of its Diversity, Equity and Inclusion (DEI) Council activities, Kinecta Federal Credit Union, a leading financial services provider in the South Bay, celebrates Black-owned businesses by partnering - [OnPoint Community CU & GreenPath Help Members With Financial Wellness](https://thecreditunionconnection.com/onpoint-community-cu-amp-greenpath-help-members-with-financial-wellness/): With household debt rising, OnPoint Community Credit Unionannounced a new partnership with a leading non-profit financial counseling organization. - [Senate Confirms Harper to Full Term on the NCUA Board](https://thecreditunionconnection.com/senate-confirms-harper-to-full-term-on-the-ncua-board/): The U.S. Senate by a vote of 59 to 40 today confirmed Todd M. Harper to be a Member of the National Credit Union Administration Board for a term expiring on April 10, 2027 - [Navy Federal Again Ranked No. 1 Among Multichannel Banks For Customer Experience](https://thecreditunionconnection.com/navy-federal-again-ranked-no-1-among-multichannel-banks-for-customer-experience/): For the seventh year in a row, Navy Federal Credit Union ranks No. 1 among multichannel banks for customer experience (CX) quality in Forrester’s proprietary 2022 US Customer Experience Index - [Heritage Financial Credit Union Goes Live With Scienaptic’s AI Platform](https://thecreditunionconnection.com/heritage-financial-credit-union-goes-live-with-scienaptics-ai-platform/): Scienaptic AI announced that Heritage Financial Credit Union is now live on its platform. - [Growth in Lending, Assets, Insured Shares Reported in First Quarter of 2022](https://thecreditunionconnection.com/growth-in-lending-assets-insured-shares-reported-in-first-quarter-of-2022/): According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $136 billion, or 11.7 percent - [Safe Harbor Financial Announces Closing of Loan to Solar Cannabis](https://thecreditunionconnection.com/safe-harbor-financial-announces-closing-of-loan-to-solar-cannabis/): Safe Harbor Financial (\"Safe Harbor\" or the \"Company\"), a leading financial services provider to the cannabis industry, today announced the closing of a $5 million senior secured loan to Solar Cannabis Co. - [TrueCar Acquires Digital Motors, an Automotive Retail and Financial Technology Platform](https://thecreditunionconnection.com/truecar-acquires-digital-motors-an-automotive-retail-and-financial-technology-platform/): TrueCar, Inc. the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced its acquisition of Irvine, California based Digital Motors - [Forrester\'s US 2022 Customer Experience Index: Nearly 20% Of Brands See Drop In Customer Experience Quality](https://thecreditunionconnection.com/forresters-us-2022-customer-experience-index-nearly-20-of-brands-see-drop-in-customer-experience-quality/): According to Forrester\'s (Nasdaq: FORR) US 2022 Customer Experience Index (CX Index™) rankings, CX quality fell for 19% of brands in 2022 — the highest proportion of brands to drop in one year since the inception of the survey. In addition, CX quality has fallen back to early 2020 levels, reversing gains made in 2021. - [Alliant First to Sign Digitunity\'s Corporate Pledge to End Digital Divide](https://thecreditunionconnection.com/alliant-first-to-sign-digitunitys-corporate-pledge-to-end-digital-divide/): Digitunity, a national non-profit organization that connects low-income people with the computer donations they need, announced that Alliant Credit Union has signed The Corporate Pledge to End the Digital Divide - [Chimney Adds 20+ Credit Unions to its Platform to Improve Member Experience](https://thecreditunionconnection.com/chimney-adds-20-credit-unions-to-its-platform-to-improve-member-experience/): Chimney™, a leader in financial guidance for the digital age, today announced the addition of three credit unions to its platform, bringing the total number of credit unions to over 20 and growing fast. - [PenFed Credit Union Empowers Veterans to Thrive Through the Arts with $50,000 Donation to Armed Services Arts Partnership at Washington Nationals Game](https://thecreditunionconnection.com/penfed-credit-union-empowers-veterans-to-thrive-through-the-arts-with-50000-donation-to-armed-services-arts-partnership-at-washington-nationals-game/): PenFed Credit Union, the nation\'s second-largest federal credit union, furthered its commitment to the military community with a $50,000 donation to the Armed Services Arts Partnership (ASAP) to help veterans thrive through the arts. - [The NCUA Has Given The Green Light for a New Charter Application for Diverge, a Proposed FCU. This New CU Will Improve Access to Affordable Banking Products for Historically Unbanked People.](https://thecreditunionconnection.com/the-ncua-has-given-the-green-light-for-a-new-charter-application-for-diverge-a-proposed-fcu-this-new-cu-will-improve-access-to-affordable-banking-products-for-historically-unbanked-people/): The National Credit Union Administration (NCUA) has extended its approval for a new charter application for Diverge, a Proposed Federal Credit Union (PFCU), whose mission is to advance economic empowerment for historically marginalized and unbanked communities - [Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years](https://thecreditunionconnection.com/credit-unions-amass-largest-share-of-the-automotive-finance-market-in-five-years/): Through the first three months of 2022, there were some shifts in the automotive finance market, most notably, significant growth for credit unions. According to Experian’s State of the Automotive Finance Market: Q1 2022 report, credit unions amassed 22.06% of the total automotive finance market, up from 18.55% a year prior. - [Record Scholarship Amount for a Record Number of Students](https://thecreditunionconnection.com/record-scholarship-amount-for-a-record-number-of-students/): This year\'s edition of the Polish & Slavic Federal Credit Union\'s Scholarship Program, which has supported the educational dreams of the Polish-American youth since 2001, set two significant records. 488 young PSFCU members were granted scholarships this year, - [OnPoint Community Credit Union Celebrates Anniversary of Its Largest Branch Expansion with Special Member Promotions](https://thecreditunionconnection.com/onpoint-community-credit-union-celebrates-anniversary-of-its-largest-branch-expansion-with-special-member-promotions/): OnPoint Community Credit Union is celebrating the one-year anniversary of opening 20 new branches inside Fred Meyer stores - [7 Trends Continuing into 2022 for Credit Unions](https://thecreditunionconnection.com/7-trends-continuing-into-2022-for-credit-unions/): Credit unions keep up on housing and mortgage lending, Gen Z and Millennials, branching trends and technology, employees and more to ensure relevance and stability. - [PenFed Credit Union and Washington Nationals Partner to Give PenFed Credit Cardholders 10% Cash Back on In-Stadium Purchases at Nationals Park](https://thecreditunionconnection.com/penfed-credit-union-and-washington-nationals-partner-to-give-penfed-credit-cardholders-10-cash-back-on-in-stadium-purchases-at-nationals-park/): PenFed Credit Union and the Washington Nationals Major League Baseball team have partnered to give PenFed members 10% cash back on all in-stadium merchandise and concession purchases at Nationals Park when they use a PenFed credit card - [Charlotte Metro Credit Union CEO Bob Bruns Announces Retirement](https://thecreditunionconnection.com/after-nearly-40-years-of-accomplished-service-as-president-and-ceo-of-charlotte-metro-credit-union-bob-bruns-announces-retirement/): Charlotte Metro Federal Credit Union (CMCU) has announced that President/CEO Bob Bruns will retire as CEO. The Board of Directors named Eric Gelly President and CEO, effective May 1, 2022. Bruns will continue to serve the credit union as Senior Advisor to the CEO until his effective retirement on Oct. 31, 2022. - [North Island Credit Union Awards 10 Scholarships to College-Bound San Diego and Riverside County Students](https://thecreditunionconnection.com/north-island-credit-union-awards-10-scholarships-to-college-bound-san-diego-and-riverside-county-students/): North Island Credit Union has awarded 10 scholarships of $1,000 each to college-bound students in San Diego and Riverside Counties in its annual College Scholarship Program. Through the program, North Island Credit Union recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. - [California Credit Union Awards 10 Scholarships to College-Bound Los Angeles and Orange County Students](https://thecreditunionconnection.com/california-credit-union-awards-10-scholarships-to-college-bound-los-angeles-and-orange-county-students/): California Credit Union has awarded 10 scholarships of $1,000 each to college-bound students in Los Angeles and Orange Counties in its annual College Scholarship Program. Through the program, California Credit Union recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. - [North Island Credit Union Presents 2022 Innovation in Education Impact Award to Poway Unified School District College & Career Readiness Program](https://thecreditunionconnection.com/north-island-credit-union-presents-2022-innovation-in-education-impact-award-to-poway-unified-school-district-college-amp-career-readiness-program/): As the Premier Sponsor of the Classroom of the Future Foundation (CFF), North Island Credit Union recently presented the organization\'s prestigious 2022 Innovation in Education Impact Award to Poway Unified School District (PUSD) for its Through the Lens of Equity: Jump Starting Pathways to Rewarding Careers Program. - [Ascend Federal Credit Union Names Lumin Digital As Partner for Enhanced Digital Banking Services](https://thecreditunionconnection.com/ascend-federal-credit-union-names-lumin-digital-as-partner-for-enhanced-digital-banking-services/): Lumin Digital announced today that Tennessee-based Ascend Federal Credit Union (Ascend) has signed a multi-year agreement for Lumin Digital\'s cloud-native platform for online and mobile digital banking solutions - [NCUA Issues Two Prohibition Orders, One Notice in May 2022](https://thecreditunionconnection.com/ncua-issues-two-prohibition-orders-one-notice-in-may-2022/): The National Credit Union Administration issued two prohibition orders and one notice of prohibition in May. These individuals are prohibited from participating in the affairs of any federally insured depository institution. - [MIDFLORIDA Credit Union Partners with Zest AI to Bring AI-Driven Lending to More than 430,000 Members in Florida](https://thecreditunionconnection.com/midflorida-credit-union-partners-with-zest-ai-to-bring-ai-driven-lending-to-more-than-430000-members-in-florida/): MIDFLORIDA Credit Union, one of the largest credit unions in Florida with more than $6 billion in assets, today announced it has partnered with Zest AI, a leader in software for AI-driven lending. - [Connect With Members Through Experiential Marketing](https://thecreditunionconnection.com/connect-with-members-through-experiential-marketing/): Connection is one of the main driving forces behind what credit unions do but keeping and maintaining that connection became a lot harder once the pandemic took hold. Yes, Zoom meetings allowed us to continue having face-to-face interactions with people while apart. However… - [CUNA National Voter Poll: Great Data, No Audience](https://thecreditunionconnection.com/sarah-snell-cooke-on-2022-cuna-national-voter-poll/) - [CU Pride™️ – Rainbow Glows Brighter with Commitment from CUNA Mutual Group](https://thecreditunionconnection.com/cu-pride-rainbow-glows-brighter-with-commitment-from-cuna-mutual-group/): Linda Bodie, CEO at Element FCU and now board advisor of CU Pride™, spoke to a crowd of credit union executives and board members at the 2018 Underground Collision in Washington DC, saying, “I’m an out CEO and I struggle to find others like me at conferences like this.” - [Great Meadow FCU Leverages Existing Partnerships for High-Yield Checking](https://thecreditunionconnection.com/great-meadow-fcu-leverages-existing-partnerships-for-high-yield-checking/): Great Meadow Federal Credit Union sought a high-interest account solution, but when the credit union couldn’t find the right one, CEO Ryan Roberts decided to work with its core and Your Marketing Co. to build and maintain its own. - [Great Meadow FCU Leverages Existing Partnerships for High-Yield Checking](https://thecreditunionconnection.com/great-meadow-fcu-leverages-existing-partnerships-for-high-yield-checking-1/): Great Meadow Federal Credit Union sought a high-interest account solution, but when the credit union couldn’t find the right one, CEO Ryan Roberts decided to work with its core and Your Marketing Co. to build and maintain its own - [CoastHills CU Finds Community Engagement Path to Support Diverse Community](https://thecreditunionconnection.com/coasthills-cu-finds-community-engagement-path-to-support-diverse-community/): When CoastHills Credit Union launched its new Community Engagement Department, Carolyn White, who is Vice President of the department, said it had two objectives: 1) Invest more time and resources in the communities the credit union serves and 2) Facilitate community development outreach programs. - [Illogical: The Reality of Some Consumer Protection Efforts](https://thecreditunionconnection.com/illogical-the-reality-of-some-consumer-protection-efforts/):  I would like to believe no one wants consumers to be taken advantage of, but that is against the natural order of things. Humans are fallible. Evil exists.  So, the government steps in or is asked to step in with laws and regulations to ‘help.’ Bumper pads to keep us in line. The concept of law and order provides a sense of certainty and security. We need boundaries. Many laws are necessary and good.  But there’s some illogical shit coming out of Washington and interest groups recently. Popping Off on the Cap First there was a hearing to expand the […] - [What Financial Institution App Features Do Young People Want?](https://thecreditunionconnection.com/what-financial-institution-app-features-do-young-people-want/): Mobile banking has become not only a convenience to the average consumer, but a necessity for financial institutions to provide. Banking apps are particularly popular among younger generations who are more familiar with the technology. Bank of America has been the leader in this area with 30 million active users. Where does your credit union stand in the mobile banking arena? If a financial institution wants to attract young people to their service, app features are not only a bonus, but a requirement. According to Ron Shevlin’s Observations from the Snark Tank in Forbes, mobile banking usage jumped to 95% […] - [The US Dollar is a Terrible Store of Value](https://thecreditunionconnection.com/the-us-dollar-is-a-terrible-store-of-value/): Comedic political youtuber Nathaniel Abbott did the math and determined that robux, the currency of the children’s video game, Roblox, increased 14.5% in value compared to the US dollar from 2007 to 2017.  That math checks out: Over that period of time, the robux was legitimately a better store of value than the US dollar. While this sounds comical on the surface, it does highlight the worrying trend that basically any other asset is a better investment than the US dollar.  Cryptocurrencies, while often maligned for having “unstable” value, have, in the long term, been a better store of value […] - [Move From Money-Driven to Mission-Focused with New Toolkit](https://thecreditunionconnection.com/move-from-money-driven-to-mission-focused-with-new-toolkit/): Credit unions can replace overdraft fee income leveraging valuable member services, including TrueCar and Clutch refinancing, for loan growth and asset protection products for noninterest income. - [HCUA Chooses uncommn Marketing Partners for Website Refresh ](https://thecreditunionconnection.com/hcua-chooses-uncommn-marketing-partners-for-website-refreshnbsp/): Healthcare Credit Union Association Executive Director Benita Harp needed something taken off her plate, so she engaged uncommn Marketing Partners to update the association’s website. - [What the Russian Situation Means for the American Economy](https://thecreditunionconnection.com/what-the-russian-situation-means-for-the-american-economy/): To say the situation on the Russian-Ukrainian border is tense would be the understatement of the century. With troop build ups on both sides of the border with Russian and Ukrainian/NATO forces gathering on opposite ends. The Central Intelligence Agency has claimed that Russia is likely to commit a false flag attack as an excuse to invade Ukraine. Vladimir Putin has alleged that the Ukrainian government is responsible for the massacre of ethnic Russians in eastern Ukraine. War has besieged Ukraine. But what does this tension mean for Americans and the American economy? In short, nothing good.  Russia is the […] - [Financial Coaching Helps Your Marketing Co. Team Members Thrive](https://thecreditunionconnection.com/financial-coaching-helps-your-marketing-co-team-members-thrive/): Employees collectively achieve financial turnaround of $57K!  We all know how personal stress can seep into our workdays, and there’s not many things in life more stressful than money. Your Marketing Co. recognized this and decided to do something about it. When the credit union marketing agency started offering financial coaching as an employee benefit in January 2021, everyone on the team was feeling some pretty significant stress. However, after 15 months, no one reported “overwhelming stress” any longer and some even bumped up to reporting “no stress.” “Given the anxieties we’ve all experienced in the last couple of years, […] - [Upgrade, Inc. Announces Partnership with One Hundred Credit Unions](https://thecreditunionconnection.com/upgrade-inc-announces-partnership-with-one-hundred-credit-unions/): Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, today announced that it reached a new milestone with the signing of its hundredth credit - [Supporting Ukrainians Through Credit Unions](https://thecreditunionconnection.com/supporting-ukrainians-through-credit-unions/): Since 2017, World Council of Credit Unions has been in Ukraine, working its Credit for Agriculture Producers (CAP) in Ukraine. Obviously, that project has been stymied this year following the unlawful and heinous Russian invasion of Ukraine. - [Financial Questions From a Zoomer to a Boomer](https://thecreditunionconnection.com/financial-questions-from-a-zoomer-to-a-boomer/): As a member of Gen Z, or a “zoomer,” I have some college behind me and am now beginning to enter the so-called real world, facing the financial challenges that come along with that transition.  I’m at that annoying middle ground point where I can afford to pay rent but would be in serious trouble if something happened to my 15-year-old sedan. I feel somewhat competent about the world of finances. but there are so many questions I still have. When can you claim tax withholding? Starting out pretty basic, but I honestly have no idea. I’ve seen questions regarding […] - [ACECEFCU Modernizes Member Experience With New Website](https://thecreditunionconnection.com/acecefcu-modernizes-member-experience-with-new-website/): ACECEFCU recently overhauled its website, ACECEFCU.org, making it easier to navigate and more visually appealing. - [TCT Risk Solutions Partnership Brings Your Marketing Co. and its Clients Actionable Data ](https://thecreditunionconnection.com/tct-risk-solutions-partnership-brings-your-marketing-co-and-its-clients-actionable-datanbsp/): Your Marketing Co. and TCT Risk Solutions have partnered to bring the strategic planning and marketing firm’s clients a clearer picture of their financial health. - [CRMNEXT and Wescom Resources Group Join Forces to Provide Seamless Financial Services CRM Solution](https://thecreditunionconnection.com/crmnext-and-wescom-resources-group-join-forces-to-provide-seamless-financial-services-crm-solution/): CRMNEXT, a global CRM solution provider for financial services, and Wescom Resources Group (WRG), an advanced technology solutions provider for credit unions, have announced a strategic partnership to benefit Credit Unions. - [VyStar Credit Union Earns CDFI Certification ](https://thecreditunionconnection.com/vystar-credit-union-earns-cdfi-certificationnbsp/): With assistance from CU Strategic Planning  CU Strategic Planning, the credit union movement’s largest organization for obtaining Community Development Financial Institutions Certification and grants from the U.S. Treasury Department, recently helped VyStar Credit Union earn its certification. VyStar, a $13 billion organization headquartered in Jacksonville, Fla., plans to leverage future CDFI grant funds it receives to expand its service in underserved and vulnerable markets. “Earning the right to be called a Community Development Financial Institution is central to the values VyStar stands for as an organization,” Chief Lending Officer Jenny Vipperman explained. “We believe in the importance of reflecting the […] - [Inspire FCU CEO: Our Story Shows There Is a Path for Growth](https://thecreditunionconnection.com/inspire-fcu-ceo-our-story-shows-there-is-a-path-for-growth/): Move beyond fear for relevance and growth! When Jim Merrill arrived as CEO of Inspire Federal Credit Union in July 2014, the credit union was $83 million in assets with $50 million in loans outstanding. The board was determining whether it should merge or take a chance to find a leader to help the credit union grow and remain relevant. The board chose the latter. Today Inspire FCU stands at $265 million in assets and more than $200 million in loans outstanding. All the growth has been achieved strategically and organically without the boost of any merger.  “We hear so […] - [Shake Credit Unions’ Imposter Syndrome](https://thecreditunionconnection.com/5-steps-to-rid-credit-unions-of-imposter-syndrome-and-get-credit-unions-collective-story-out/): While in DC for CUNA’s Governmental Affairs Conference, I also attended Mitchell, Stankovic & Associates’ recent Underground Collision: TikTok Thought. (The company is my first and longest running client, so I kinda had to. ☺) The following is an exchange that occurred during the event, live on stage. It really struck me and stayed with me. You’re not going to find this anywhere else: CUNA Mutual Group’s Gerry Singleton: Credit unions, our TikTok moment is creating financial well-being for all. Right? We own that category. Redwood Credit Union CEO Brett Martinez: There\’s no proof…. You can envision if we actually […] - [Women’s Retirement Worries: Can Credit Unions Help?](https://thecreditunionconnection.com/womens-retirement-worries-can-credit-unions-help/): As a woman in her late 20s, retirement is not on my list of top priorities, though there may be some who will argue that it should be. The global pandemic changed the retirement plans of many Americans across the country. According to an article from CNBC, 32% of Americans planning to retire say they’ll be retiring later than expected because of the pandemic, while 11% say they plan on retiring early. However, when it comes to who will be able to confidently retire, there is a large gender gap. During the pandemic, while 58% of men were able to […] - [Savings Accounts Are a Joke](https://thecreditunionconnection.com/savings-accounts-are-a-joke/): Saving is undoubtedly a crucial part of successful management of personal finances. And, the way many people save their money is through savings accounts at financial institutions. However, the effectiveness of this method in preserving a person’s purchasing power is quite low. The current average APY on a standard savings account is .06%. At the same time, inflation hit 7.9% in February.  This leads to the point that savings accounts are a colossal waste of time for people trying to preserve their financial purchasing power over time. At a .06% interest rate, a person with $5,000 in their savings account […] - [20 Credit Unions Approved for CDFI Certification So Far This Year With CU Strategic Planning!](https://thecreditunionconnection.com/20-credit-unions-approved-for-cdfi-certification-so-far-this-year-with-cu-strategic-planning/): 2022 is off to a roaring start for our credit union clients! So far this year, CU Strategic Planning has successfully ushered 20 credit union Community Development Financial Institution Certifications through the approval process with Treasury’s CDFI Fund. 2021 saw high demand for CDFI certifications, as our CEO Stacy Augustine wrote about for CUinsight, creating a backlog of applications that meant credit unions were waiting months longer than anticipated for notification. The Fund now appears to be moving through the backlog of applicants, making it possible for the newly-certified to apply for CDFI Fund grants. These grants must be used […] - [Worldwide Foundation Launches Campaign to Support Ukraine’s Credit Unions](https://thecreditunionconnection.com/worldwide-foundation-launches-campaign-to-support-ukraines-credit-unions/): $43,000 already raised at inaugural Cooperative Voices Event WASHINGTON, D.C.—Worldwide Foundation for Credit Unions (WFCU) utilized Sunday’s inaugural Cooperative Voices Event to launch a new fundraising effort in support of Ukrainian credit unions impacted by the current military conflict in the Eastern European nation. The Ukrainian Credit Union Displacement Fund will help to mitigate both short- and long-term impacts to Ukraine\’s credit union system and those who look to it for support, including both employees and members. Between proceeds from the Cooperative Voices Event, held on the eve of Credit Union National Association’s (CUNA) Governmental Affairs Conference (GAC), and donations from Worldwide Foundation […] - [Mergers Run Rampant on My Credit Union Soul](https://thecreditunionconnection.com/mergers-run-rampant-on-my-credit-union-soul/): The very thought that the NCUA has to issue a regulation – a proposal thus far – requiring credit unions to ensure succession planning pisses me right off. I’m not one for government intervention when it’s not necessary, but obviously many credit union boards are not fulfilling their duty to ensure continuity of the credit union. The lack of planning, strategic execution of our duties, fiscal responsibility of the members’ money, leadership development, collaboration and more comes from lackluster involvement by board, arms-length CEOs who don’t want the board unsettling their comfy positions as they’re drifting off into the sunset, […] - [3 Credit Card Goals for Your Credit Union in 2022](https://thecreditunionconnection.com/3-credit-card-goals-for-your-credit-union-in-2022/): With the arrival of a new year comes setting the yearly goals for your credit union. Among those goals are what you want your credit card program to achieve, and 2022 is looking to be an interesting year for credit card lending. The pandemic is raging on, and with inflation rising at its fastest pace in 40 years, credit unions have a lot to think about when it comes to crafting this year’s programs and products.  Spending Habits Due to continued disruptions to the supply chain and rising inflation, spending numbers may not be great at the beginning of the […] - [El Salvador Shows Crypto is the Future of Currency](https://thecreditunionconnection.com/el-salvador-shows-crypto-is-the-future-of-currency/): Cryptocurrency in the past decade has seen a massive boom in usage and relevance to the current economic climate. This phenomenon has occurred in the United States and globally.  - [Protect Members From Identity Theft](https://thecreditunionconnection.com/protect-members-from-identity-theft/): Help Protect Your Members From Identity Theft! Having our personal information stolen from us is not something we want to think might happen to us, but it does. How often have you had to change your credit card numbers and passwords because of breaches or direct threats? - [America’s Internal Migration](https://thecreditunionconnection.com/americas-internal-migration/): Projections put U.S. migration between 14 million and 23 million moving by the end of 2021, with 47% of prospective movers saying the deciding factor was seeking areas with a lower cost of living. - [Is buy now pay later the next scourge on consumer finances? ](https://thecreditunionconnection.com/is-buy-now-pay-later-the-next-scourge-on-consumer-financesnbsp/): Many consumers using Buy Now Pay Later products are avoiding taking on credit. The problem is they actually are still taking on debt. They just don\'t have the opportunity to boost their credit scores by doing well and paying off debt, and many of those consumers also end up taking out a loan or overdrawn their accounts just to pay off the Buy Now Pay Later. - [The Problem With Buy Now Pay Later Programs](https://thecreditunionconnection.com/the-problem-with-buy-now-pay-later-programs/): “It can be yours for just three easy payments of $19.95.” That’s the pitch. - [Cause Marketing Brings in $10K for Suncoast CU Community and $2.6M in Car Loans](https://thecreditunionconnection.com/cause-marketing-brings-in-10k-for-suncoast-cu-community-and-26m-in-car-loans/): GreenProfit Solutions helps credit unions marry money and mission Suncoast Credit Union, in partnership with GreenProfit Solutions, raised $10,000 for the Suncoast Credit Union Foundation to support children in the counties it serves through its Drive it Forward car loan promotion. Every car financed through Suncoast CU’s TrueCar portal during the month of October 2021 generated a $50 contribution to its Foundation. Leveraging the power of Suncoast CU’s data-based marketing strategy, its cause-marketing campaign increased site visits by 217% and actual member leads by 176%. In October, 213 sales were made, an annualized increase of 83%, despite unprecedented supply constraints […] - [P1FCU Engages Digital Align for its Transformation Journey](https://thecreditunionconnection.com/p1fcu-engages-digital-align-for-its-transformation-journey/): The $1.8 billion P1FCU has begun its digital transformation journey with a focus on efficiency that will help the credit union better serve its members, and Digital Align is beside them guiding the way. The credit union’s recent field of membership expansion allowed P1FCU to serve the entire state of Washington, South Idaho and multiple counties in Oregon. After learning about Digital Align in a credit union trade publication and doing a bit more digging, P1FCU determined this company was the digital transformation partner to bring the credit union into the future. “We\’ve always focused on service and a lot […] - [NAFCU’s Newest Campaign Aims To Take On The ‘Big Bank Bullies’](https://thecreditunionconnection.com/nafcus-newest-campaign-aims-to-take-on-the-big-bank-bullies/): Banks and credit unions have been competing against each other for a long time, but NAFCU’s newest digital advertising campaign is looking to take the fight straight to the biggest banks and show how much their influence hurts American consumers. It goes by the name “Stop Big Bank Bullies,” and right when you visit their website, you can very quickly tell that the tone they are going for is not bright and happy-go-lucky, and the accompanying short video is equally serious with pictures of white men in suits throughout (which is to be expected with this sort of campaign). My First […] - [The Omicron COVID Variant Cannot Result in More Lockdowns](https://thecreditunionconnection.com/the-omicron-covid-variant-cannot-result-in-more-lockdowns/): COVID variants are a lot like iPhones, there seems to be a new one coming out every couple months. And, unbelievably, they’re more costly!  Currently, the Center for Disease Control has identified 10 different variants of the COVID-19 virus. The new variant on the block now is the Omicron variant, and it seems to be raising a lot more eyebrows than previous variants rarely spoken about like the Mu variant. The severity and effects of it are uncertain, as the World Health Organization has stated that the virus may be easier to contract, the chair of the South African Medical […] - [What President Biden’s Infrastructure Bill Means For Credit Unions](https://thecreditunionconnection.com/what-president-bidens-infrastructure-bill-means-for-credit-unions/): On Monday, November 15, 2021, President Biden signed the much-talked about $1.2 trillion infrastructure bill into law. This bill is just one of the key pieces of legislation that make up the current administration’s economic agenda, and if everything ends up passing, the effects it will have on the country will be far reaching. Of course, legislation influences credit unions too, so here’s what the new infrastructure bill means for credit unions and what could be in store for them in the future if the rest of Biden’s agenda becomes law. Internet Improvements In terms of the coming infrastructure improvements, most of […] - [Free College Would Be a Disaster for the U.S.: A Gen Z Perspective](https://thecreditunionconnection.com/free-college-would-be-a-disaster-for-the-us-a-gen-z-perspective/): Tuition-free college has become a popular idea in America, likely stimulated by the 2016 and 2020 presidential campaigns of Senator Bernie Sanders of Vermont. According to a survey by the Pew Research Center, 34% of Americans strongly support tuition-free college, with 63% of people being generally favorable toward the idea. However, just because an idea is popular doesn’t mean it’s a good one. Free college would almost certainly be an economic disaster for America.  First, and perhaps most obviously, despite being marketed as “free college,” it is, in no way, free. The costs would simply be transitioned from the individual […] - [The Death of Overdraft and NSF Fees – But NOT Your Noninterest Income](https://thecreditunionconnection.com/the-death-of-overdraft-and-nsf-fees-but-not-your-noninterest-income/): Credit unions and banks are getting squeezed on all sides regarding overdraft protection and associated fees. Here’s what’s going down and how to replace them. - [How “Shock Therapy” Economics Have Been a Resounding Success – And What it Could Mean for Credit Unions](https://thecreditunionconnection.com/how-shock-therapy-economics-have-been-a-resounding-success-and-what-it-could-mean-for-credit-unions/): The economic model commonly known as “shock therapy” represents large scale privatization and economic liberalization within a relatively short period of time. This is what it could mean for credit unions. - [CU Strategic Planning Client Credit Unions Awarded More Than $20 Million from CDFI Fund](https://thecreditunionconnection.com/credit-union-strategic-planning-client-credit-unions-awarded-more-than-20-million-from-cdfi-fund/): Credit Union Strategic Planning, the credit union movement’s largest organization for helping credit unions obtain Community Development Financial Institutions Fund grants from the U.S. Treasury Department, facilitated nearly half of all successful 2021 CDFI FA grant applications for credit unions, totaling $20 million. - [Fear Is Causing Credit Unions to Lose Ground to Banks](https://thecreditunionconnection.com/fear-is-causing-credit-unions-to-lose-ground-to-banks/): Banks tied credit unions a few years back in customer satisfaction, but now the trend is continuing to decline for credit unions. This data… - [Millennials Need Advice…Financial Advice](https://thecreditunionconnection.com/millennials-need-advicefinancial-advice/): The pandemic hurt the wallets of Americans, but in the case of many millennials, the exact opposite happened to their finances. - [The Future is Bright for Blue Collar America](https://thecreditunionconnection.com/the-future-is-bright-for-blue-collar-america/): There has, in recent years, been a feeling that America has been moving further and further away from blue-collar labor, which is largely true. Detroit is no longer a bustling hub of automotive manufacturing, but a decrepit ghost town… - [Why the 2021 Economic Situation is Oddly Disastrous](https://thecreditunionconnection.com/why-the-2021-economic-situation-is-oddly-disastrous/): The COVID-19 pandemic and the government response to it has no doubt wreaked havoc on the economy. But the consequences are relatively unique to this current circumstance compared to past economic woes. According to a memo released by the Bureau of Labor Statistics on October 12th, there are currently, in the United States, 10.4 million jobs that are needing to be filled. - [GAO Puts the NCUA on Report: The Questions You Need Answered](https://thecreditunionconnection.com/gao-puts-the-ncua-on-report-the-questions-you-need-answered/): While many a credit union leader may have smirked when the Government Accountability Office slapped the NCUA on the wrist for steps it deems necessary for effective oversight of credit unions, particularly as credit unions’ CAMEL (soon to be CAMELS) ratings decline and depending on which element falls. - [Keep Your Credit Union’s DEI Strategy from Falling Short](https://thecreditunionconnection.com/keep-your-credit-unions-dei-strategy-from-falling-short/): Explore research and methods to help your credit union advance a strategic DEI initiative for ultimate success, including experts like Credit Union Strategic Planning, Mitchell, Stankovic & Associates and more. - [Marketing and Digital Unification: Focusing on Your Credit Union’s Member Experience for Growth](https://thecreditunionconnection.com/marketing-and-digital-unification-focusing-on-your-credit-unions-member-experience-for-growth/): Marketing and Digital Unification: Focusing on Your Credit Union’s Member Experience for Growth The COVID-19 pandemic brought about significant change regarding how credit unions connect with their members. Adoption of digital banking services across America and around the world accelerated dramatically, and people expect more out of these services than before the pandemic. In the upcoming webinar “Marketing and Digital Unification” hosted by The Loan Lead Generator and marketing consultant Sarah Snell Cooke, credit unions will learn how to strengthen their social media presence while creating a marketing strategy that will encourage your members to check out your online loan offerings! Demand More from […] - [CUs Should Ride the Anti-Establishment Wave](https://thecreditunionconnection.com/cus-should-ride-the-anti-establishment-wave-5-ways/): Here are five good ways to do it. By Sarah Snell Cooke Recent poll numbers are not looking good for President Biden and the Democrats. This is fact and not a political statement. Previously, President Trump was voted into office – with Senator Bernie Sanders, a self-proclaimed socialist, as a finalist for the Dems – on an anti-establishment wave. President Biden won election for several reasons, but in part President Trump may have been a bit too anti-establishment. American politics swung back to the old white guy who’d been in Washington via Scranton (yeah, sure) for, well, ever. The country […] - [Two Ways to Help Members by Taking the Lead on Climate Change](https://thecreditunionconnection.com/two-ways-cus-can-lead-on-climate-change/): Climate change continues to be a major issue that many Americans want addressed. We often hear about what other business sectors are doing, or in some cases not doing, to lessen their impact on the environment, but what about the finance industry? Credit unions do have a role to play when it comes to the climate, and that role is multifaceted. There are, of course, the economic aspects in regards to the institution itself, but the membership of a credit union needs to also be taken into account. Nearly all of America has in some way experienced the effects of […] - [Two Strategies to Improve Employee Retention Now](https://thecreditunionconnection.com/two-strategies-to-improve-retention-now/): During the global pandemic and associated lockdown, many Americans lost jobs or experienced a shift in how their jobs were performed. For many people, the lockdown gave them some time to reassess their careers. Many of them decided that it’s time for a change.  You’ve probably heard reports on how the restaurant industry has been struggling to find staff to fill a variety of positions. That struggle is not limited to the restaurant industry. According to Bankrate, their August 2021 Job Seeker Survey found that 55% of Americans in the workforce (those who are either employed or looking for a […] - [The 2021 Inflation Crisis Was Painfully Predictable](https://thecreditunionconnection.com/the-2021-inflation-crisis-was-painfully-predictable/): In July of 2021, the inflation rate of the US dollar was 5.4%. In June it was 5.4%. In May, 5% and 4.2% in April. Some initially claimed that this was a temporary trend, but it shows no signs of stopping. And now we are reaching crisis levels with gas prices in some areas going as high as $4.70 per gallon. Perhaps the most unfortunate factor in this whole situation is that this outcome was so painfully predictable. Several key economic factors simply combined into a perfect storm for currency devaluation. As a result of deficit spending, the U.S. Government […] - [Credit Unions: It’s Time to Shine, Dammit!](https://thecreditunionconnection.com/credit-unions-its-time-to-shine-dammit/): CUs that embrace the mission, ACT boldly on that mission, and promote themselves through all those good deeds (i.e., tell their stories) are growing and winning. Find out what you can learn from them. - [Credit Unions VS Neobanks: Taking Down the New Contender in the Financial Ring](https://thecreditunionconnection.com/credit-unions-vs-neobanks-taking-down-the-new-contender-in-the-financial-ring/): A new contender has entered the financial services ring: Neobanks. They have begun making moves, and American consumers are taking notice, so credit unions will need step up their game to take on these new competitors. - [Credit Unions and Crypto: Is This The Future of Banking?](https://thecreditunionconnection.com/credit-unions-and-crypto-is-this-the-future-of-banking/): Cryptocurrency and blockchain seem to be everywhere nowadays. When Bitcoin first hit the scene in 2009, I’m sure there were a lot of us who thought at the time that the idea of investing in digital currency was ridiculous. Today, there are hundreds of different cryptocurrencies IRL, including ones originally made as a joke (see Dogecoin), and the banking industry is taking a closer look into its potential future. - [TransUnion and CU Strategic Planning Announce Data Partnership](https://thecreditunionconnection.com/transunion-and-cu-strategic-planning-announce-data-partnership/): TU leverages Prama and CU Strategic Planning to use data for good TransUnion and CU Strategic Planning are partnering to share credit data through TransUnion’s Prama platform so credit unions applying for Treasury Department Community Development Financial Institution Fund (CDFI) grants can better hone their applications and use the funds for maximum impact in the communities they serve. Prama, winner of the 2020 FinTech Breakthrough Award, employs advanced credit data analytics to improve understanding of consumer behavior, identify growth opportunities and improve portfolio profitability. The platform offers lenders seamless access to industry insights to make better decisions and operationalize those decisions more effectively. The […] - [Case Study: What to Think about When You’re Thinking about Inflation](https://thecreditunionconnection.com/credit-union-case-study-what-to-think-about-when-youre-thinking-inflation/): Inflation is a very complex subject with multiple views, creating a level of paranoia across America, and particularly among those in financial services and their regulators. The view I have is that inflation is here and it is almost at the runaway level. - [Leadership Speaker McIntee Talks Perspective Shift to Gain Control During Your Marketing Co. Virtual Event](https://thecreditunionconnection.com/leadership-speaker-mcintee-talks-perspective-shift-to-gain-control-during-your-marketing-co-virtual-event/): Jumpstart your productivity with Leadership Development Group CEO Dennis McIntee’s innovative perspective on using obstacles as opportunities to grow during a virtual workshop, Leading Through Change, hosted by Your Marketing Co. - [#ILoveMyCreditUnion and the Credit Union ‘Movement’](https://thecreditunionconnection.com/ilovemycreditunion-and-the-credit-union-movement/): How is a credit union public awareness campaign, such as #ILoveMyCreditUnion, supposed to reach the American public if it remains mostly insulated to those… - [$113M Caro Federal Credit Union Takes on Wells Fargo](https://thecreditunionconnection.com/113m-caro-federal-credit-union-takes-on-wells-fargo/): Caro Federal Credit Union decided to help those borrowers recently cut off by Wells Fargo’s decision not to offer personal lines of credit. Caro FCU, in partnership with Your Marketing Co., is geofencing the megabank’s branches to ensure WF customers know Caro is there for them. - [What CUs Can Learn about Business Continuity and Disaster Recovery from Last Winter’s Fiserv Outage](https://thecreditunionconnection.com/what-cus-can-learn-about-business-continuity-and-disaster-recovery-from-last-winters-fiserv-outage/): Neither snow nor rain nor heat nor gloom of night should stay credit unions from the swift completion of their appointed rounds. As I sit here awaiting the impending quintessential sudden MidAtlantic thunderstorm, my mind wonders to business continuity and disaster recovery – as we all often do. Potential disasters come in many forms. The heat of summer through early December is prime hurricane season. June through July is also peak tornado season. We won’t soon forget the Colonial pipeline shutdown, thanks to a ransomware attack. New York Times recently reported that California actually has two peak wildfire seasons: June […] - [How Do Female Members and CU Executives Move Forward after the Pandemic?](https://thecreditunionconnection.com/credit-union-female-ceos-members-post-pandemic/): The impacts of the COVID-19 pandemic will continue to affect how people think and approach life for years to come. Women have been greatly affected by the pandemic, and the way they see their finances has been drastically altered. A recent study from Capital Group that surveyed 500 American men and 2,000 women found that more women lost their jobs and remained out of work for longer than men. Credit unions can be a place where women can take the steps necessary to recover financially, but credit unions themselves still must work through DEI issues regarding female representation. Worries of […] - [[Video] Why the Original CU Mission Still Matters.](https://thecreditunionconnection.com/video-why-the-original-cu-mission-still-matters/) - [How big is your data?](https://thecreditunionconnection.com/how-big-is-your-data/): When it comes to data, size is less important than access and utility for your credit union. And as far as alternative, that’s more than … Click here to continue reading… - [Don’t get distracted by the bank lobby sideshow](https://thecreditunionconnection.com/dont-get-distracted-by-the-bank-lobby-sideshow-1-x3ezx/): Credit unions have their own stuff to handle. Let’s focus on what’s right for credit unions in DC! The CFPB will likely….Click here to continue reading… - [Rise Up to Help Communities Struggling with COVID’s Economic Impact](https://thecreditunionconnection.com/rise-up-to-help-communities-struggling-with-covids-economic-impact-1-6fpd9/): $12 BILLION! That’s the amount made available to Community Development Financial Institutions and minority depository institutions through not 1, not 2, but 3 programs through the U.S. Treasury Department. Get some for your amazing credit union under the recently enacted Coronavirus Response and Relief Supplemental Appropriations Act of 2021. Click here to continue reading… - [Credit Union Mortgage Prospects Rise for 2021](https://thecreditunionconnection.com/credit-union-mortgage-prospects-rise-for-2021/): So long as the federal bling assistance doesn’t run out… Click here to continue reading… - [Car prices up but consumers want payments down](https://thecreditunionconnection.com/car-prices-up-but-consumers-want-payments-down/): Car buyers are looking for a good deal from your credit union on a new car in 2021. See how you can make the loan and make bank – so to speak…Click here to continue reading… - [3 Methods for Early Detection of Synthetic ID Fraud](https://thecreditunionconnection.com/3-methods-for-early-detection-of-synthetic-id-fraud/): Fraud related to loan applications and any kind of on-boarding platform to access financial services or assets is on the rise since the world has been besieged by COVID-19. A seamless member experience with top-notch security is a must for … Click here to continue reading… - [PSCU Expands Relationships with Credit Unions in the Northeast](https://thecreditunionconnection.com/pscu-expands-relationships-with-credit-unions-in-the-northeast/): PSCU has announced three current Owner credit unions headquartered in the Northeast have expanded their partnerships with the CUSO. Arrha Credit Union, CHROME Federal Credit Union (CHROME) and North Jersey Federal Credit Union (NJFCU) have all added debit processing support to their current services. - [Monroe Community Credit Union Members Give Back](https://thecreditunionconnection.com/monroe-community-credit-union-members-give-back/): Pictured: April Eggert (Marketing Specialist, MCCU), Kate Hall (VP of Marketing and Community Relations, MCCU), David Graves, (President/CEO, Habitat for Humanity of Monroe) Molly Moore (Director of Family Services, Habitat for Humanity of Monroe) Staci Jennings, (Volunteers and Social Media Coordinator, Habitat for Humanity of Monroe) - [DCUC Hosts Third Quarter Military Advocacy Committee Update](https://thecreditunionconnection.com/dcuc-hosts-third-quarter-military-advocacy-committee-update/): DCUC hosted its third quarter Military Advocacy Committee (MAC) meeting on July 11. During the hour-long meeting, DCUC President/CEO Anthony Hernandez and Total Spectrum’s John McKechnie provided committee members and guests with the latest updates on credit union issues affecting military and veteran communities. - [Location, Speaker Line-Up for Must-Attend CUES Directors Conference](https://thecreditunionconnection.com/location-speaker-line-up-for-must-attend-cues-directors-conference/): CUES Directors Conference, the must-attend event for credit union board members, is heading to Las Vegas, NV, December 4-7, talent development leader CUES recently announced. - [SkyPoint Gets $7 Million from ECIP With Help From CU Strategic Planning](https://thecreditunionconnection.com/skypoint-gets-7-million-from-ecip-with-help-from-cu-strategic-planning/): Investment Expands Access to Capital for Low-Income and Underserved Communities SkyPoint Federal Credit Union, a premier, member-owned financial institution headquartered in Germantown, Md., has recently closed on a $7 million investment as part of the U.S. Treasury Department’s new Emergency Capital Investment Program (ECIP). CU Strategic Planning, the leading consultancy for Community Development Financial Institution-certified credit unions, assisted with the application. The ECIP initiative is designed to provide access to capital for communities, businesses, and individuals traditionally excluded from the financial system, particularly those that have struggled during the COVID-19 pandemic. This investment increased SkyPoint’s net worth, which will allow for […] - [PenFed Credit Union Welcomes Record 287,000 New Members in First Half of 2022](https://thecreditunionconnection.com/penfed-credit-union-welcomes-record-287000-new-members-in-first-half-of-2022/): PenFed Credit Union, the nation\'s second largest federal credit union, today released financials highlighting continued financial strength in an increasingly challenging economic environment. In second-quarter 2022, PenFed originated $3.4 billion in mortgage loans and $4.1 billion in consumer loans - [Guadalupe Credit Union Adds In-House Credit Processing In Renewing Its Partnership with Co-op Solutions ](https://thecreditunionconnection.com/guadalupe-credit-union-adds-in-house-credit-processingnbspin-renewing-its-partnership-with-co-op-solutionsnbsp/): Guadalupe Credit Union is expanding its already close partnership with Co-op Solutions, adding Co-op In-House Credit processing with a goal of streamlining operations and offering better member service. - [NAFCU Services Announces 2022 Innovation Award Finalists](https://thecreditunionconnection.com/nafcu-services-announces-2022-innovation-award-finalists/): NAFCU Services is proud to announce the 2022 Innovation Award finalists. These awards recognize groundbreaking solutions that help credit unions compete and thrive in a complex marketplace. An independent, third-party panel of judges selects the winners. - [PSCU Announces Third Annual Credit Union Give Back Sweepstakes](https://thecreditunionconnection.com/pscu-announces-third-annual-credit-union-give-back-sweepstakes/): PSCU is pleased to announce the return of its Credit Union Give Back Sweepstakes. For the third year in a row, the PSCU-sponsored rewards campaign will encourage card usage to increase member engagement and loyalty - [MyUSA Joins City of Kettering, Kettering Health, Partners for Healthy Youth & Schools for Community Hot Dog Roasts](https://thecreditunionconnection.com/myusa-joins-city-of-kettering-kettering-health-partners-for-healthy-youth-amp-schools-for-community-hot-dog-roasts/): MyUSA Credit Union, the Miami Valley cooperative focused on building the strongest communities possible through financial education, is joining forces with the City of Kettering, Partners for Healthy Youth, Kettering Schools and Kettering Health to provide fun, financial education games. - [University Credit Union Announces New Executive Leadership Structure](https://thecreditunionconnection.com/university-credit-union-announces-new-executive-leadership-structure/): After three consecutive years of loan and membership growth which has led to over $1 billion in asset holdings and over 50,000 members served, UCU is announcing a new organizational structure to support continued growth and maintain executive leadership alignment with member values. - [Kinecta Federal Credit Union Awarded on the Forbes Best-In-State Credit Unions 2022](https://thecreditunionconnection.com/kinecta-federal-credit-union-awarded-on-the-forbes-best-in-state-credit-unions-2022/): Forbes\' recent listing of America\'s Best Credit Unions in Each State 2022 ranked Kinecta Federal Credit Union, a leading financial services provider based in the South Bay area of Los Angeles, as a top-ranked credit union in California. - [United Federal Credit Union Sponsors First-Ever Children’s Day at the Potawatomi Zoo](https://thecreditunionconnection.com/united-federal-credit-union-sponsors-first-ever-childrens-day-at-the-potawatomi-zoo/): The first-ever Children’s Day at the Potawatomi Zoo sponsored by United Federal Credit Union (United) was a huge success. - [Point Breeze Credit Union Announces “The Harvest” Charity Golf Tournament](https://thecreditunionconnection.com/point-breeze-credit-union-announces-the-harvest-charity-golf-tournament/): Point Breeze Credit Union will hold its annual “The Harvest” Golf Tournament to benefit the Maryland Food Bank (MFB) on Monday, September 19, 2022, at Hayfields Country Club in Hunt Valley. - [Maine Credit Unions’ Campaign for Ending Hunger Raises Over $121,000 in June](https://thecreditunionconnection.com/maine-credit-unions-campaign-for-ending-hunger-raises-over-121000-in-june/): Maine Credit Unions’ Campaign for Ending Hunger is pleased to announce it raised $121,036 as part of its 30-day, $100,000 Challenge fundraiser - [Four new credit unions signed on to the AFG Balloon Lending Program](https://thecreditunionconnection.com/four-new-credit-unions-signed-on-to-the-afg-balloon-lending-program/): Auto Financial Group (AFG) signed four new credit unions to its Walk-Away Balloon Lending Program: First Service Credit Union, Allied Healthcare Federal Credit Union, Northern Credit Union and Centricity Credit Union. - [Council of Federal Home Loan Banks Names Donovan President and CEO](https://thecreditunionconnection.com/council-of-federal-home-loan-banks-names-donovan-president-and-ceo/): The Council of Federal Home Loan Banks (FHLBanks) appointed Ryan Donovan as its President and Chief Executive Officer - [Dover Federal Credit Union Drives Steady Membership Growth with Shift from Chat to Full Digital Customer Service](https://thecreditunionconnection.com/dover-federal-credit-union-drives-steady-membership-growth-with-shift-from-chat-to-full-digital-customer-service/): Glia has helped Dover Federal Credit Union transition from a phone-based contact center with online chat capabilities to Glia\'s digital-first DCS platform - [Columbine Seeks to Inspire With New Mission and Vision Statements](https://thecreditunionconnection.com/columbine-seeks-to-inspire-with-new-mission-and-vision-statements/): Mission-Vision work helps credit unions prioritize resources, maintain relevance“We listen to your personal story and provide the tools and education you need to reach your dreams and succeed. When others don’t, we give a damn.” - [Northwest Federal Credit Union Wins 2022 Commuter Connections Employer Recognition Award for Telework Category](https://thecreditunionconnection.com/northwest-federal-credit-union-wins-2022-commuter-connections-employer-recognition-award-for-telework-category/): Northwest Federal Credit Union (NWFCU) is proud to announce that it has received a 2022 Employer Recognition Award. The Metropolitan Washington Council of Governments’ (COG) Commuter Connections program hosted the 25th annual awards ceremony at the National Press Club in Washington, D.C - [US Senate Federal Credit Union Share Certificate Rates Hit New 2022 High -- 5-year Certificate at 2.28% APY*](https://thecreditunionconnection.com/us-senate-federal-credit-union-share-certificate-rates-hit-new-2022-high-5-year-certificate-at-228-apy/): United States Senate Federal Credit Union (USSFCU) made big moves with increases on almost every Share Certificate tier level. The biggest increase was to the 5-Year Certificate with a whopping jump of 1.2 basis points sending the rate soaring to 2.28% APY* - [Virginia Credit Union Moves Investment Program to Ameriprise Financial](https://thecreditunionconnection.com/virginia-credit-union-moves-investment-program-to-ameriprise-financial/): Virginia Credit Union (VACU), which serves more than 300,000 members out of 20 locations across Virginia, has moved its investment program to Ameriprise Financial from CUNA Brokerage Services. - [Corporate One Offers Real-Time Payments Webinar Series for Credit Union Leaders](https://thecreditunionconnection.com/corporate-one-offers-real-time-payments-webinar-series-for-credit-union-leaders/): Corporate One Federal Credit Union will host a two-part Real-Time Payments Webinar Series for credit unions and their operational teams in July. The series is complimentary to credit unions and breaks down what can be a complex topic into two parts to offer an overview, key knowledge points, and an action plan for how credit unions can start their immediate payments journey in a way that is easy and manageable - [GTE FINANCIAL PROMOTES LISA CATHEY TO ASSISTANT VICE PRESIDENT OF MARKETING](https://thecreditunionconnection.com/gte-financial-promotes-lisa-cathey-to-assistant-vice-president-of-marketing/): GTE Financial continues to elevate its award-winning marketing team by promoting Lisa Cathey to Assistant Vice President (AVP) of Marketing. - [Northwest Federal Credit Union and DATA Formalize Partnership](https://thecreditunionconnection.com/northwest-federal-credit-union-and-data-formalize-partnership/): Northwest Federal Credit Union (NWFCU) and The Dulles Area Transportation Association (DATA) formalized their partnership today making members of the DATA Community immediately eligible for NWFCU’s long list of member-owner financial services. This agreement will also allow NWFCU and DATA to better pool resources to help Northern Virginia residents in need. - [6 Credit Unions Renew with Bankjoy After Successful Conversion](https://thecreditunionconnection.com/6-credit-unions-renew-with-bankjoy-after-successful-conversion/): After recently converting 16 credit unions to its end-to-end digital service ecosystem, Bankjoy has renewed with six additional credit unions, pointing to credit unions’ commitment to delivering superior, modern digital experiences - [Sun East SVP & CFO, Deborah \"Deb\" Cook, Recognized as a 2022 Chief Financial Officer of the Year Honoree, by Philadelphia Business Journal](https://thecreditunionconnection.com/sun-east-svp-amp-cfo-deborah-deb-cook-recognized-as-a-2022-chief-financial-officer-of-the-year-honoree-by-philadelphia-business-journal/): East is proud to announce that Deborah \"Deb\" Cook has been awarded the distinction as a 2022 Philadelphia Business Journal CFO of the Year Honoree. Ms. Cook is one of a small group of outstanding leaders in their field within the Philadelphia market, recognized for their contributions to their company\'s growth and/or profitability, success in overcoming business challenges - [INDIANA MEMBERS CREDIT UNION CONTRIBUTES $2,562 TO BEECH GROVE CITY SCHOOLS](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-2562-to-beech-grove-city-schools/): Indiana Members Credit Union (IMCU) recently presented a check for $2,562 to Beech Grove City Schools (Beech Grove, Indiana) as part of an ongoing school spirit debit card program. - [Velocity Credit Union Selects Empower, Black Knight\'s Cloud-Based LOS](https://thecreditunionconnection.com/velocity-credit-union-selects-empower-black-knights-cloud-based-los/): Velocity Credit Union has selected the Empower loan origination system (LOS) for its advanced automation capabilities, which will streamline back-office operations and improve the frontline member experience - [iQ Credit Union Recognized by Forbes as No. 1 Credit Union in Washington for Second Year in a Row](https://thecreditunionconnection.com/iq-credit-union-recognized-by-forbes-as-no-1-credit-union-in-washington-for-second-year-in-a-row/): iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, today announced that it was named to the Forbes 2022 list of \"America\'s Best Credit Unions in Each State\" as the top credit union in the state of Washington - [Community Financial Credit Union Partners with Student Choice](https://thecreditunionconnection.com/community-financial-credit-union-partners-with-student-choice/): Credit Union Student Choice, the leading provider of higher education financing solutions to America’s credit unions, announced that it has partnered with Community Financial Credit Union - [1st United Credit Union Named a 2022 Greater Bay Area Top Workplace](https://thecreditunionconnection.com/1st-united-credit-union-named-a-2022-greater-bay-area-top-workplace/): 1st United Credit Union has been awarded a Top Workplaces 2022 honor by the San Francisco Chronicle. The Greater Bay Area Top Workplaces - [Linn-Co FCU Uses HERO Financial Counseling Training to Be Members’ Hero](https://thecreditunionconnection.com/linn-co-fcu-uses-hero-financial-counseling-training-to-be-members-hero/): Linn-Co Federal Credit Union learned of CU Strategic Planning’s Community Development Certified HERO financial counseling training, and upon seeing a demo of the platform, Chief Lending Officer Carrie Lovell said, “We knew we had to have it!” - [Kinecta Federal Credit Union Helps Students Succeed and Invites the Community to Join its 13th Annual Backpack Drive](https://thecreditunionconnection.com/kinecta-federal-credit-union-helps-students-succeed-and-invites-the-community-to-join-its-13th-annual-backpack-drive/): As part of its commitment to support families and children, Kinecta Federal Credit Union helps make going back to school a little brighter for children in underserved communities by hosting its 13th Annual Backpack Drive - [Neighbors Credit Union Introduces On-Demand Pay for Its Team](https://thecreditunionconnection.com/neighbors-credit-union-introduces-on-demand-pay-for-its-team/): Neighbors Credit Union launched On-Demand Pay for its team members, giving them the financial flexibility to receive wages earned earlier, making any day payday if desired. - [FORUM Announces Organizational Promotions](https://thecreditunionconnection.com/forum-announces-organizational-promotions/): FORUM Credit Union announces the promotion of Megan Carich as its Social & Community Engagement Manager. In this role, Megan is responsible for leading FORUM’s community and social media initiatives - [LGE Community Credit Union exceeds $2 billion in assets](https://thecreditunionconnection.com/lge-community-credit-union-exceeds-2-billion-in-assets/): Atlanta-based LGE Community Credit Union surpassed $2 billion in total assets earlier this year, marking a significant milestone in the credit union’s more than 70-year history. - [Deluxe Signs Payments Agreement with Dupaco Community Credit Union](https://thecreditunionconnection.com/deluxe-signs-payments-agreement-with-dupaco-community-credit-union/): Deluxe, a Trusted Payments and Business Technology™ company, today announced that First American by Deluxe, its merchant services business, has signed an agreement with Dupaco Community Credit Union, expanding a long-term relationship utilizing the One Deluxe model. - [Who gives a S#!t?!](https://thecreditunionconnection.com/who-gives-a-sht/): …The government has quit sending out big COVID checks and has failed to deal with inflation swiftly, so consumers are facing skyrocketing costs on life’s basics, like food and gas for their cars… - [Frontwave Arena Coming to Oceanside in 2023](https://thecreditunionconnection.com/frontwave-arena-coming-to-oceanside-in-2023/): Oside Arena Management and Frontwave Credit Union are proud to announce a naming rights partnership for the new state-of-the-art community entertainment and sports arena being built in Oceanside, heretofore to be named Frontwave Arena - [Copper Financial Named 2022 WealthManagement.com Industry Awards Finalist](https://thecreditunionconnection.com/copper-financial-named-2022-wealthmanagementcom-industry-awards-finalist/): Copper Financial, a wholly owned subsidiary of CommunityAmerica Credit Union, today announced it was named a finalist in the 2022 WealthManagement.com Industry Awards for its Wealth Management 360 Porta - [Crane Credit Union in Beta with DeepTarget’s 3D Story On The Go](https://thecreditunionconnection.com/crane-credit-union-in-beta-with-deeptargets-3d-story-on-the-go/): DeepTarget Inc., a Fintech company that simplifies digital marketing for banks and credit unions by utilizing data insights and AI to deliver personalized offers and experiences across digital channels, announced the addition of its new 3D Story On The Go™ - [California Credit Union Launches School Backpack Drive In Partnership with Los Angeles Boys & Girls Club](https://thecreditunionconnection.com/california-credit-union-launches-school-backpack-drive-in-partnership-with-los-angeles-boys-amp-girls-club/): California Credit Union has launched a school backpack drive to benefit local elementary and middle school students in partnership with the Los Angeles Boys & Girls Club. - [PenFed Credit Union Supports Veterans and First Responders with Disabilities with $50,000 Donation to America\'s VetDogs at Washington Nationals Game](https://thecreditunionconnection.com/penfed-credit-union-supports-veterans-and-first-responders-with-disabilities-with-50000-donation-to-americas-vetdogs-at-washington-nationals-game/): Left to right: Three veterans with their America’s VetDogs service dogs, America’s VetDogs President/CEO John Miller, PenFed Credit Union President/CEO James Schenck and PenFed Vice President and Chief Content Officer Andrea McCarren with future service dog Alfred. - [Affinity Plus Eliminates Non-Sufficient Fund Fees, Reduces Overdraft Fees](https://thecreditunionconnection.com/affinity-plus-eliminates-non-sufficient-fund-fees-reduces-overdraft-fees/): Affinity Plus Federal Credit Union (Affinity Plus), one of the fastest growing credit unions in Minnesota, just became the state’s first to both eliminate outdated non-sufficient funds fees (NSFs) and to dramatically reform charges for courtesy payment services in a way that helps those who need support most - [](https://thecreditunionconnection.com/dj4acrmil3n4ta7lxp7y8q4o071j64/): L-R: Fallon McClain, Chaz Rzewnicki,and Cory ThomasCentral Delaware Chamber of Commerce (CDCC) held its Annual Awards for Excellence Celebration on June 23rd and Dover Federal is proud to have been named Central Delaware Chamber of Commerce’s 2022 Large Employer of the Year - [NCUA Issues Enforcement Orders in June 2022](https://thecreditunionconnection.com/ncua-issues-enforcement-orders-in-june-2022/): The National Credit Union Administration issued two prohibition orders and a cease-and-desist order in June. - [ACUMA Announces Partnership with NAMMBA](https://thecreditunionconnection.com/acuma-announces-partnership-with-nammba/): The American Credit Union Mortgage Association (ACUMA) announces that as of today it will begin a partnership with The National Association of Minority Mortgage Bankers of America (NAMMBA). - [U.S. Eagle Federal Credit Union Releases New Metal Card](https://thecreditunionconnection.com/us-eagle-federal-credit-union-releases-new-metal-card/): U.S. Eagle is announcing their newest card, the first-of-its-kind card for New Mexico credit unions. U.S. Eagle METAL™ is the next step for U.S. Eagle members who want to put their best card forward when making a purchase. - [Delta Community Launches 10th Annual Philanthropic Fund](https://thecreditunionconnection.com/delta-community-launches-10th-annual-philanthropic-fund/): Delta Community Credit Union (www.DeltaCommunityCU.com), Georgia\'s largest credit union with more than $9 billion in assets, is now accepting applications for grants in its 10th annual Philanthropic Fund program. - [United Federal Credit Union Promotes Kim Wilson to Senior Relationship Development Manager in Northwest Arkansas](https://thecreditunionconnection.com/united-federal-credit-union-promotes-kim-wilson-to-senior-relationship-development-manager-in-northwest-arkansas/): United Federal Credit Union (United) is pleased to announce the promotion of Kim Wilson to Senior Regional Development Manager serving northwest Arkansas. - [SECU’s Kelli Holloway Honored with Young Professional Leadership Award by the AACUC](https://thecreditunionconnection.com/secus-kelli-holloway-honored-with-young-professional-leadership-award-by-the-aacuc/): State Employees’ Credit Union (SECU) is pleased to announce that Senior Vice President of Outreach Kelli Holloway received the 2022 Commitment to Change Leadership Professional of the Year Award by the African-American Credit Union Coalition (AACUC) - [Maine Credit Union League Announces Its 2022–2023 Board of Directors](https://thecreditunionconnection.com/maine-credit-union-league-announces-its-20222023-board-of-directors/): The Maine Credit Union League is pleased to announce the members of its 2022–2023 Board of Directors and the appointment of a new Board Chair and Vice Chair. - [Firelands Federal Credit Union Selects Upstart to Power Personal Loans and Auto Refinance](https://thecreditunionconnection.com/firelands-federal-credit-union-selects-upstart-to-power-personal-loans-and-auto-refinance/): Firelands Federal Credit Union (Firelands FCU), an Ohio-based credit union with over 32,000 members and $385 million in assets, today announced it has partnered with Upstart - [Envisant CUSO Partners with Pure IT](https://thecreditunionconnection.com/envisant-cuso-partners-with-pure-it/): Envisant, a subsidiary of the Illinois Credit Union League, has invested in fellow CUSO, Pure IT Credit Union Services - [Car Sales Projected Down, CU Market Share Up](https://thecreditunionconnection.com/truecar-releases-analysis-of-june-and-2022-second-quarter-industry-sales/): TrueCar expects total new vehicle industry sales to reach 1,166,569 units in June 2022, down 14% from a year ago. But credit unions are still growing market share! - [BayPort Foundation Celebrates Awarding $100,000 in Tuition Assistance to 2022 Scholarship Recipients](https://thecreditunionconnection.com/bayport-foundation-celebrates-awarding-100000-in-tuition-assistance-to-2022-scholarship-recipients/): Since 1961, BayPort Credit Union has supported members by funding their educational pursuits. Over that time, BayPort has awarded more than $1 million in scholarships and grants. Today, the credit union\'s philanthropic arm, the BayPort Foundation - [New Research Uncovers Digital Security Opportunity for Banks and Credit Unions](https://thecreditunionconnection.com/new-research-uncovers-digital-security-opportunity-for-banks-and-credit-unions/): A new report for the financial services industry from intelligent identity security firm Sontiq, a TransUnion company, highlights how the increasing sophistication of cybercrime and the public’s concern is driving consumer expectations of their financial institutions — creating new challenges and opportunities for banks and credit unions. - [DocFox automates complex, high-risk business member onboarding for VSECU](https://thecreditunionconnection.com/docfox-automates-complex-high-risk-business-member-onboarding-for-vsecu/): DocFox, the leading provider of automated business account opening software for financial institutions, today announced VSECU has chosen the fintech to automate complex account onboarding for its business members. - [MIDFLORIDA Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/midflorida-credit-union-selects-upstart-for-personal-lending/): MIDFLORIDA Credit Union, one of the largest credit unions in Florida with more than 434,000 members and assets totaling more than $6.6 billion, today announced that it has partnered with Upstart - [Vizo Financial & Pittsburgh CUs Unite to Support Walk for Children’s Event](https://thecreditunionconnection.com/vizo-financial-amp-pittsburgh-cus-unite-to-support-walk-for-childrens-event/): Vizo Financial Corporate Credit Union and six Pittsburgh-area credit unions joined together both virtually and in-person to walk with a cause at the Children’s Hospital of Pittsburgh Foundation’s Walk for Children’s event. - [Payrailz Announces Reseller Partnership with CU*Answers](https://thecreditunionconnection.com/payrailz-announces-reseller-partnership-with-cuanswers/): Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced a strategic reseller partnership with Michigan-based CU*Answers - [DCUC Announces 2022 Hall of Honor Inductees](https://thecreditunionconnection.com/dcuc-announces-2022-hall-of-honor-inductees/): This year, DCUC’s Hall of Honor Selection Committee selected Karl Murphy, William “Bill” Rone, and COL Richard Rothwell, USMC (Retired) to join the Defense Credit Union Council’s Hall of Honor - [Ceres finds U.S. financial regulators have made significant progress in addressing climate-related financial risk over the past year](https://thecreditunionconnection.com/ceres-finds-us-financial-regulators-have-made-significant-progress-in-addressing-climate-related-financial-risk-over-the-past-year/): A new scorecard released today by Ceres shows that U.S. financial regulators across nine federal agencies have taken 230 actions since April 2021 to tackle the financial risks of climate change, a clear sign of regulatory progress. - [Navy FCU Supports Operation Homefront to distribute 500,000th backpack through military family program](https://thecreditunionconnection.com/navy-fcu-supports-operation-homefront-to-distribute-500000th-backpack-through-military-family-program/): Operation Homefront’s annual Back-to-School Brigade® returns to serve military families across the nation with the help of its longtime corporate partner, Dollar Tree - [KeyPoint Credit Union Named Top Places to Work](https://thecreditunionconnection.com/keypoint-credit-union-named-top-places-to-work/): KeyPoint Credit Union, one of the largest Credit Unions in California, has been named as one of the San Francisco Chronicle/Hearst Media Top Workplaces for 2022, ranking among the region\'s - [North Island Credit Union Provides $5,000 in Teacher Grants To Benefit Educators & Students across San Diego County](https://thecreditunionconnection.com/north-island-credit-union-provides-5000-in-teacher-grants-to-benefit-educators-amp-students-across-san-diego-county/): Creating an egg drop STEAM challenge, developing multi-cultural art & reading curricula, organizing a Girl Boss young entrepreneur program, and creating a multi-disciplinary nature journaling project are just a few - [California Credit Union Provides $5,000 in Teacher Grants To Benefit Educators & Students across Los Angeles County](https://thecreditunionconnection.com/california-credit-union-provides-5000-in-teacher-grants-to-benefit-educators-amp-students-across-los-angeles-county/): Using geometry principles to design kites, hatching chicks, creating a mariachi music program, and building a genetics lab are just a few of the teacher dream projects funded by California Credit Union through its Spring 2022 Teacher Grant program. - [Citadel Credit Union\'s Business Banking Team Ready for August Launch](https://thecreditunionconnection.com/citadel-credit-unions-business-banking-team-ready-for-august-launch/): Citadel Credit Union is prepared to officially launch its new Business Banking division this August. Earlier this year, the company onboarded a team of business banking experts to - [Glia Acquires Finn AI to Deliver Turnkey Banking Virtual Assistants](https://thecreditunionconnection.com/glia-acquires-finn-ai-to-deliver-turnkey-banking-virtual-assistants/): Glia, the leading provider of Digital Customer Service, has acquired Finn AI, the premier AI-powered chatbot platform for banks and credit unions - [Report: Credit Unions Under Attack by Online Brand Impersonations in 2022](https://thecreditunionconnection.com/report-regional-banks-credit-unions-under-attack-by-online-brand-impersonations-in-2022/): 2022 Threat Brief: Credit Union and Regional Bank Brands Under Attack\" revealing that scammers have put these institutions and their patrons in their crosshairs. Online brand impersonation attacks involve fraudsters publishing a website, social media account, or - [Jack Henry Enables Faster Payments for More than 250 Financial Institutions](https://thecreditunionconnection.com/jack-henry-enables-faster-payments-for-more-than-250-financial-institutions/): Jack Henry & Associates, Inc.® is supporting the faster payments strategies of hundreds of regional and community financial institutions with JHA PayCenter™, its proprietary payments hub that provides seamless connections to The Clearing House\'s RTP® network and the Zelle Network® - [PenFed Credit Union Gives Back to San Diego and Military Communities by Donating $20,000 to Local Charities](https://thecreditunionconnection.com/penfed-credit-union-gives-back-to-san-diego-and-military-communities-by-donating-20000-to-local-charities/): PenFed Credit Union, the nation\'s second largest federal credit union, today announced it donated $20,000 to local San Diego charities as an on-going initiative to give back to the members of the communities in which PenFed teammates live and work - [Auto Link Releases Virtual Car Sale Technology for Credit Unions](https://thecreditunionconnection.com/auto-link-releases-virtual-car-sale-technology-for-credit-unions/): Auto Link, a leading financial technology and marketing company serving over 175 financial institutions, today released technology for credit unions to allow them to host virtual car sales for their members featuring partner dealers. - [Forbes\' Best-In-State Ranks BayPort Credit Union #1 in Virginia](https://thecreditunionconnection.com/forbes-best-in-state-ranks-bayport-credit-union-1-in-virginia/): BayPort Credit Union is pleased to announce it has been named to Forbes\' annual list of America\'s Best-In-State Credit Unions for the second straight year - [Charlotte Metro Credit Union to Build New Headquarters Building on Central Avenue and Piedmont Street](https://thecreditunionconnection.com/charlotte-metro-credit-union-to-build-new-headquarters-building-on-central-avenue-and-piedmont-street/): New Charlotte Metro Credit Union Headquarters. Rendering image by Liquid Design & Architecture. - [Gen Z-Targeted Zogo App Reaches Milestone Signing 200 Financial Institution Partners](https://thecreditunionconnection.com/gen-z-targeted-zogo-app-reaches-milestone-signing-200-financial-institution-partners/): Zogo, a Gen Z-powered financial literacy company, reached the 200 partners milestone with its award-winning suite of products built to make financial education accessible and engaging - [Picatinny Federal Credit Union Taps Scienaptic’s AI-Powered Credit Underwriting Platform](https://thecreditunionconnection.com/picatinny-federal-credit-union-taps-scienaptics-ai-powered-credit-underwriting-platform/): AI-powered credit decision platform provider Scienaptic AI announced that Picatinny Federal Credit Union has chosen to implement Scienaptic’s credit decisioning - [Heritage Southeast Bancorporation, Inc. and VyStar Credit Union Agree to Terminate Purchase Agreement](https://thecreditunionconnection.com/heritage-southeast-bancorporation-inc-and-vystar-credit-union-agree-to-terminate-purchase-agreement/): Heritage Southeast Bancorporation, Inc. (“HSBI”) and VyStar Credit Union (“VyStar”) jointly announced today a mutual agreement to terminate their purchase and assumption agreement - [Payveris Introduces Loan Payments® for Financial Institutions to Offer Customers Integrated Real-Time Payment Methods & Channels](https://thecreditunionconnection.com/payveris-introduces-loan-payments-for-financial-institutions-to-offer-customers-integrated-real-time-payment-methods-amp-channels/): Modern money movement leader Payveris, a division of Paymentus, today launched Loan Payments® - [Northern Lights Acquisition Corp. Announces Date of Special Meeting to Approve Acquisition of Safe Harbor Financial](https://thecreditunionconnection.com/northern-lights-acquisition-corp-announces-date-of-special-meeting-to-approve-acquisition-of-safe-harbor-financial/): Northern Lights Acquisition Corp. (NASDAQ: \"NLIT\") (\"Northern Lights\"), a special purpose acquisition corporation, announces that it will hold a special meeting of its stockholders (the \"Special Meeting\") on June 24, 2022 at 2pm ET to approve the business combination whereby NLIT will acquire SHF, LLC, d/b/a Safe Harbor Financial (\"Safe Harbor\") and other related matters. - [North Island Credit Union Partners with North County African American Women\'s Association to Award Four College Scholarships](https://thecreditunionconnection.com/north-island-credit-union-partners-with-north-county-african-american-womens-association-to-award-four-college-scholarships/): North Island Credit Union has provided four $2,500 college scholarships to local students in partnership with the North County African American Women\'s Associatio - [Orange County\'s Credit Union Congratulates President & CEO Shruti Miyashiro on Her Next Career Chapter](https://thecreditunionconnection.com/orange-countys-credit-union-congratulates-president-amp-ceo-shruti-miyashiro-on-her-next-career-chapter/): The Board of Directors of Orange County\'s Credit Union announced today that President and CEO Shruti Miyashiro has resigned from the Santa Ana-based not-for-profit financial services provider, effective July 21. Miyashiro will join Digital Federal Credit Union as President and CEO - [Loquat Chooses Acuant to Automate and Fortify Anti-Money Laundering Compliance for its Banking-as-a-Service Platform](https://thecreditunionconnection.com/loquat-chooses-acuant-to-automate-and-fortify-anti-money-laundering-compliance-for-its-banking-as-a-service-platform/): Acuant, a GBG company and leading identity verification provider, today announced a partnership with Loquat, a Banking as a Service (BaaS) platform for credit unions - [Help Protect Your Members From Identity Theft!](https://thecreditunionconnection.com/help-protect-your-members-from-identity-theft/): Having our personal information stolen from us is not something we want to think might happen to us, but as we’ve seen through many news stories in recent years, it can be incredibly easy for a thief to get their hands on it… - [VyStar CU Digital Banking Scenario Proves the Particular Importance of PR in Credit Unions](https://thecreditunionconnection.com/vystar-cu-digital-banking-scenario-proves-the-particular-importance-of-pr-in-credit-unions/): I know and like people at VyStar Credit Union. I’ve known VyStar to be an outstanding organization by all accounts. I know it still is. - [Q2 Announces the 2022 Innovation All-Stars Contest Winners](https://thecreditunionconnection.com/q2-announces-the-2022-innovation-all-stars-contest-winners/): The contest recognizes Q2 bank and credit union customers and fintech partners who have achieved extraordinary outcomes through the Q2 digital banking platform, delivering new revenue streams, and providing innovative apps to transform account holder experienc - [FFIEC Announces Availability of 2021 Data on Mortgage Lending](https://thecreditunionconnection.com/ffiec-announces-availability-of-2021-data-on-mortgage-lending/): The Federal Financial Institutions Examination Council (FFIEC) today announced the availability of data on 2021 mortgage lending transactions - [NCUA Board Briefed on Post-Examination Survey Project](https://thecreditunionconnection.com/ncua-board-briefed-on-post-examination-survey-project/): Through a live webcast, the National Credit Union Administration Board held its sixth open meeting of 2022 and was - [Fiserv and Advanced Fraud Solutions Help Financial Institutions Fight Check Fraud](https://thecreditunionconnection.com/fiserv-and-advanced-fraud-solutions-help-financial-institutions-fight-check-fraud/): Advanced Fraud Solutions (AFS), a leader in payments fraud detection, announced today an agreement with Fiserv, a leading global provider of payments and financial services technology, - [Jersey Shore Vacation Cost Jumps Over 16%, According to Affinity Federal Credit Union](https://thecreditunionconnection.com/jersey-shore-vacation-cost-jumps-over-16-according-to-affinity-federal-credit-union/): The price of a Jersey Shore vacation will cost families 16.6 percent more than last year, according to research from Affinity Federal Credit Union - [North Jersey Federal Credit Union Chooses Lumin Digital As Partner for Enhanced Digital Banking Services](https://thecreditunionconnection.com/north-jersey-federal-credit-union-chooses-lumin-digital-as-partner-for-enhanced-digital-banking-services/): Lumin Digital announced today that North Jersey Federal Credit Union (NJFCU) has signed a multi-year agreement for Lumin Digital\'s cloud-native platform for online and mobile digital banking solutions - [New Alkami Report Reveals Generational Trends Driving Rapid Change in Digital Banking](https://thecreditunionconnection.com/new-alkami-report-reveals-generational-trends-driving-rapid-change-in-digital-banking/): Alkami Technology, Inc. (Nasdaq: ALKT) (\"Alkami\"), a leading cloud-based digital banking solutions provider for banks and credit unions - [PenFed Foundation and SOSi Receive \'Special Service Award\' from ACG National Capital for Empowering Veteran Entrepreneurs](https://thecreditunionconnection.com/penfed-foundation-and-sosi-receive-special-service-award-from-acg-national-capital-for-empowering-veteran-entrepreneurs/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, and SOSi, a leading, privately owned technology and government services integrator, are pleased to announce they have been recognized with the \"Special Service Award\" from ACG National Capital - [Community First Credit Union Fuels Rapid Growth with Human-Centric Digital Strategy](https://thecreditunionconnection.com/community-first-credit-union-fuels-rapid-growth-with-human-centric-digital-strategy/): Glia, the leading provider of Digital Customer Service (DCS), has helped Community First Credit Union digitally transform member services to deliver high-touch, highly personalized OnScreen experiences. - [Zest AI Announces Partnership with SkyOne Federal Credit Union to Enable AI-Driven Lending](https://thecreditunionconnection.com/zest-ai-announces-partnership-with-skyone-federal-credit-union-to-enable-ai-driven-lending/): Zest AI today announced a partnership with SkyOne Federal Credit Union. The member-owned, not-for-profit financial institution will bring Zest\'s industry-leading AI lending software to their more than 50,000 members nationwide - [NCUA Releases Q1 2022 State-Level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q1-2022-state-level-credit-union-data-report/): Federally insured credit unions experienced growth in assets, shares and deposits, and loans outstanding over the year ending in the first quarter of 2022 - [Co-op and Constellation Form Client Task Force](https://thecreditunionconnection.com/co-op-and-constellation-form-client-task-force/): Co-op Solutions and Constellation Digital Partners announced today that the two credit union service organizations have formed a task force of mutual clients to expedite the smooth integration of Co-op digital apps into Constellation’s online and mobile banking platform. - [NAFCU Research: Inflation \'Surprised to the Upside\" in May](https://thecreditunionconnection.com/nafcu-research-inflation-surprised-to-the-upside-in-may/): The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the Bureau of Labor Statistics released May data - [Wescom Partners with the Rose Bowl Operating Company as Sole Presenting Sponsor of AmericaFest at the Rose Bowl](https://thecreditunionconnection.com/wescom-partners-with-the-rose-bowl-operating-company-as-sole-presenting-sponsor-of-americafest-at-the-rose-bowl/): Wescom Credit Union today announced that it is partnering with the Rose Bowl Operating Company and will be the sole presenting sponsor of the AmericaFest Celebration taking place at the Rose Bowl on Independence Day, July 4, for the next five years. - [2022 CDFI Equitable Recovery Program Application Deadline Extended to Sept. 22!](https://thecreditunionconnection.com/2022-cdfi-equitable-recovery-program-application-deadline-extended-to-sept-22/): The U.S. Treasury Department’s Community Development Financial Institutions Fund announced it has extended the deadline of its Equitable Recovery Program Application Deadline from Aug. 23 to Sept. 22, 2022, at 11:59 pm ET. - [Real-Time Rewards: Leverage Your Credit Union’s Loyalty Program for Real-Time Cardholder Engagement & Revenue Growth](https://thecreditunionconnection.com/real-time-rewards-leverage-your-credit-unions-loyalty-program-for-real-time-cardholder-engagement-amp-revenue-growth/): In today’s market, credit unions are constantly feeling pressure to advance and innovate as fintechs progress into the traditional banking lane, consumer demand evolves, and the market shrinks due to consolidation. While keeping up with the pace of digital innovation and consumer preference can be costly and time consuming… - [Co-op Solutions Sponsors 2022 Presidents Cup Golf Tourney, Donating All Benefits to CMN Hospitals](https://thecreditunionconnection.com/co-op-solutions-sponsors-2022-presidents-cup-golf-tourney-donating-all-benefits-to-cmn-hospitals/): Co-op Solutions has announced it is a sponsor of the prestigious 2022 Presidents Cup golf tournament, and is donating its allotment of tickets for credit union leaders and all benefits of sponsorship towards fundraising on behalf of Children’s Miracle Network Hospitals. - [Hawaii Community Federal Credit Union Selects PSCU for Credit and Debit Card Processing](https://thecreditunionconnection.com/hawaii-community-federal-credit-union-selects-pscu-for-credit-and-debit-card-processing/): PSCU has announced that Hawaii Community Federal Credit Union (HCFCU) has selected the CUSO for credit and debit processing support and services. - [Piedmont Advantage Credit Union launches youth program](https://thecreditunionconnection.com/piedmont-advantage-credit-union-launches-youth-program/): Pictured left to right with Piedmont Advantage Credit Union are Community Development Executive Jobana Semones, youth program mascot Al Pacu and President & CEO Dion Williams. - [United Credit Union and Eastex Credit Union Select Access Digital from Access Softek](https://thecreditunionconnection.com/united-credit-union-and-eastex-credit-union-select-access-digital-from-access-softek/): United Credit Union and Eastex Credit Union have partnered with Access Softek’s Access Digital to substantially improve the omnichannel digital banking experience it offers to its members. - [Bankjoy Joins the Jack Henry™ Vendor Integration Program](https://thecreditunionconnection.com/bankjoy-joins-the-jack-henry-vendor-integration-program/): Digital banking provider, Bankjoy today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Bankjoy with access to Jack Henry’s technical resources to enable Bankjoy’s digital banking platform to integrate with Symitar - [High Tide Secures Commitment Letter from Connect First Credit Union for Non-Dilutive Financing](https://thecreditunionconnection.com/high-tide-secures-commitment-letter-from-connect-first-credit-union-for-non-dilutive-financing/): High Tide Inc., a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that it has entered into a binding commitment letter with Connect First Credit Union Ltd. - [AUX AND HAWK:AI FORM PARTNERSHIP TO BRING COMPLIANCE SERVICES TO U.S. CREDIT UNION MARKET](https://thecreditunionconnection.com/aux-and-hawkai-form-partnership-to-bring-compliance-services-to-us-credit-union-market/): Aux and HAWK:AI have formed a partnership to bring credit unions easy access to HAWK:AI’s suite of advanced financial fraud and AML solutions. The company combines advanced technologies such as machine learning and AI - [National Cooperative Bank Launches Correspondent Banking Program for Mission-Based Credit Unions](https://thecreditunionconnection.com/national-cooperative-bank-launches-correspondent-banking-program-for-mission-based-credit-unions/): National Cooperative Bank (NCB), a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce a new fee-free correspondent banking program for small community development credit unions, low-income designated credit unions and minority depository institutions nationwide. - [Utilities Employees Credit Union Signs with Lumin Digital for Enhanced Digital Banking Services](https://thecreditunionconnection.com/utilities-employees-credit-union-signs-with-lumin-digital-for-enhanced-digital-banking-services/): Lumin Digital announced today that Utilities Employees Credit Union (UECU) has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform. - [Zest AI and Equifax Partner to Further Access to Credit in Credit Union Lending](https://thecreditunionconnection.com/zest-ai-and-equifax-partner-to-further-access-to-credit-in-credit-union-lending/): Zest AI, the leader in expanding access to credit through better scoring and winner of NACUSO\'s CUSO of the Year Award, today announced its partnership with Equifax®, Inc., a global data, analytics, and technology company - [New iQ Credit Union Microlending Program Provides Convenience and Speed of Service](https://thecreditunionconnection.com/new-iq-credit-union-microlending-program-provides-convenience-and-speed-of-service/): iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, today announced a new microlending program that allows qualified small businesses - [Magnifi Financial Launches New CUSO, Ultum Group](https://thecreditunionconnection.com/magnifi-financial-launches-new-cuso-ultum-group/): Magnifi Financial, a full-service community credit union offering retail and commercial banking and wealth management services, announced it has launched Ultum Group, a new credit union service organization (CUSO - [UMe Credit Union Partners with Bankjoy to Offer a Modern Digital Banking Experience for Members](https://thecreditunionconnection.com/ume-credit-union-partners-with-bankjoy-to-offer-a-modern-digital-banking-experience-for-members/): UMe Credit Union, based in Burbank, California with more than $300 million in assets, has partnered with digital banking provider, Bankjoy to provide its members with a best-in-class online and mobile banking experience - [Dwayne Naylor announced as next Chief Executive Officers of Local Government and Civic Federal Credit Unions](https://thecreditunionconnection.com/dwayne-naylor-announced-as-next-chief-executive-officers-of-local-government-and-civic-federal-credit-unions/): The boards of directors of Local Government FCU and Civic FCU are pleased to announce the appointment of Dwayne Naylor as the next Chief Executive Officer of Local Government FCU and Civic FCU, respectively… - [Suncoast Credit Union Named Frost-TrueCar Partner of the Year](https://thecreditunionconnection.com/suncoast-credit-union-named-frost-truecar-partner-of-the-year/): GreenProfit Solutions COO Keith Winn (L) and CEO Joe Winn (R) flank Suncoast Credit Union’s Tanya Morales, consumer loan fulfillment dealer relations analyst, and Kori Speegle, dealer analyst, who accepted the award. - [Celphish Finance (CELP) brings DeFi and NFTs straight to phones](https://thecreditunionconnection.com/celphish-finance-celp-brings-defi-and-nfts-straight-to-phones/): Celphish Finance (CELP) offers its users a seamless experience in trading and managing their crypto and NFT assets. - [Alternatives FCU Signs Seven-Year Renewal with Synergent to Host Jack Henry’s Symitar Core Processing Platform](https://thecreditunionconnection.com/alternatives-fcu-signs-seven-year-renewal-with-synergent-to-host-jack-henrys-symitar-core-processing-platform/): Synergent is pleased to announce that Alternatives FCU has renewed its agreement with Synergent for hosted Jack Henry™ core processing. - [Securityplus Federal Credit Union Launches “Know Money Know Empowerment”Financial Education Program](https://thecreditunionconnection.com/securityplus-federal-credit-unionlaunches-know-money-know-empowermentfinancial-education-program/): Securityplus Federal Credit Union has launched “Know Money Know Empowerment” a program which strives to make a positive difference by providing free online financial education courses and credit union membership to individuals located in underserved communities in Baltimore City. - [Maroon Financial Credit Union Signs with Synergent to Provide Hosted Jack HenryTM Core Processing](https://thecreditunionconnection.com/maroon-financial-credit-union-signs-with-synergent-to-provide-hosted-jack-henrytm-core-processing/): Synergent is pleased to announce that Maroon Financial Credit Union has signed a ten-year agreement for hosted Jack HenryTM core processing. The contract marks Synergent’s first core agreement with an Illinois-based credit union. - [Origence Launches Origence arc DX, Delivering a New Digital Member Experiencefor Credit Unions](https://thecreditunionconnection.com/origence-launches-origence-arc-dx-delivering-a-new-digital-member-experiencefor-credit-unions/): Origence has unveiled its arc DX member-facing origination portal, helping credit unions meet the demands of today’s digital-first members. Origence arc DX enables members to apply for a consumer loan, membership, and/or deposit account and complete their post-application steps online, from any device. - [Q2 Holdings and Rocket Mortgage Announce Partnership Providing Digital Home Loan Process to Banks and Credit Unions](https://thecreditunionconnection.com/q2-holdings-and-rocket-mortgage-announce-partnership-providing-digital-home-loan-process-to-banks-and-credit-unions/): Q2 Holdings, Inc., a leading provider of digital transformation solutions for banking and lending, and Rocket Mortgage, America’s largest mortgage lender and a part of Rocket Companies (NYSE: RKT), today announced a new partnership enabling Q2 banks and credit unions to - [LA Financial Credit Union Launches Employee Knowledge Management Solution to Expand Investment in Member Engagement](https://thecreditunionconnection.com/la-financial-credit-union-launches-employee-knowledge-management-solution-to-expand-investment-in-member-engagement/): LA Financial Credit Union has strategically created new operational efficiencies and improved the employee experience by rolling out Engageware’s Employee Knowledge Management solution to its employee base - [The Community Speaks: Village Financial Is Now Arise Community Credit Union](https://thecreditunionconnection.com/the-community-speaks-village-financial-is-now-arise-community-credit-union/): The Association for Black Economic Power (ABEP) has announced a name change for the first Black-led community credit union in Minnesota: Arise Community Credit Union - [BayPort Foundation Announces Official Crawlin\' Crab Half Marathon Weekend Sponsors](https://thecreditunionconnection.com/bayport-foundation-announces-official-crawlin-crab-half-marathon-weekend-sponsors/): For the second year, the BayPort Foundation is excited to team with J&A Racing to serve as the title sponsor and official charity partner of the premier, family-friendly fundraising event, the BayPort Foundation Crawlin\' Crab Half Marathon Weekend - [Greater Nevada Credit Union’s GCL Facilitates $112M in Funding for New Rise Renewables](https://thecreditunionconnection.com/greater-nevada-credit-union-cuso-facilitates-112m-in-funding-for-new-rise-renewables/): Hydrotreater at New Rise Renewables Reno in Storey County, NV, a key component of the renewable diesel plant. - [Jack Henry Survey Finds Community and Regional Financial Institution CEOs are Steadily Focused on Growing Loans, Efficiencies and Digital Services](https://thecreditunionconnection.com/jack-henry-survey-finds-community-and-regional-financial-institution-ceos-are-steadily-focused-on-growing-loans-efficiencies-and-digital-services/): More than 100 bank and credit union CEOs contributed to the annual study in the first quarter of this calendar year, representing financial institutions that range in asset size from $500 million to more than $10 billion.The survey found: - [Together Credit Union Selects Empower, Black Knight\'s Loan Origination System, to Drive Growth and Streamline the Lending Process for Loan Officers and Members](https://thecreditunionconnection.com/together-credit-union-selects-empower-black-knights-loan-origination-system-to-drive-growth-and-streamline-the-lending-process-for-loan-officers-and-members/): Today, Black Knight, Inc. announced that Together Credit Union, a St. Louis-based credit union with 27 branches nationwide, has selected the Empower loan origination system (LOS) to help drive expected business growth and elevate the member experience. - [Countryside Federal Credit Union Members Approve Merger with Northern Credit Union](https://thecreditunionconnection.com/countryside-federal-credit-union-members-approve-merger-with-northern-credit-union/): The members of East Syracuse-based Countryside Federal Credit Union have agreed to merge with Watertown-based Northern Credit Union. - [Credit unions get some love from Ginnie Mae](https://thecreditunionconnection.com/credit-unions-get-some-love-from-ginnie-mae/): Ginnie Mae will defer to credit union regulator instead of imposing additional capital requirements - [New PR Course Helps Credit Unions & Business Partners Expand Reach](https://thecreditunionconnection.com/new-pr-course-helps-credit-unions-amp-business-partners-expand-reach/): This intensive 6-week, 90-minute a week public relations course, available in-person or virtually, will teach you how to share your story effectively to gain brand awareness and engagement through thought leadership that builds relations and leads. - [CUNA Mutual Group’s ‘What Matters Now™’ Research Explores Multicultural and Multigenerational Consumer Insights](https://thecreditunionconnection.com/cuna-mutual-groups-what-matters-now-research-explores-multicultural-and-multigenerational-consumer-insights/): Today, CUNA Mutual Group released its new What Matters Now™ consumer research, exploring multicultural and multigenerational consumer insights. - [Clearview Partners with Zogo to Provide Increased Access to Financial Education](https://thecreditunionconnection.com/clearview-partners-with-zogo-to-provide-increased-access-to-financial-education/): Clearview Federal Credit Union, Pittsburgh\'s largest credit union, has partnered with Zogo, a leading financial technology company, to bring Zogo\'s gamified financial literacy app to its members. - [PenFed Foundation\'s Afghan Rescue and Resettlement Program Steps Up for Afghan Women Heroes Who Served Alongside U.S. Service Members](https://thecreditunionconnection.com/penfed-foundations-afghan-rescue-and-resettlement-program-steps-up-for-afghan-women-heroes-who-served-alongside-us-service-members/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, is proud to announce its Afghan Rescue and Resettlement Program (ARRP) has helped 50 families and over 180 refugees resettle in the United States - [Kinecta Recognized as the #1 Credit Union Provider in the South Bay](https://thecreditunionconnection.com/kinecta-recognized-as-the-1-credit-union-provider-in-the-south-bay/): The LA Times hosted the second annual reader\'s choice poll and Kinecta Federal Credit Union, a leading financial services provider based in the South Bay area of Los Angeles, was voted the number one credit union provider in the South Bay - [Vizo Financial Breaks Records With 9th Annual Hot Dog Eating Contest](https://thecreditunionconnection.com/vizo-financial-breaks-records-with-9th-annual-hot-dog-eating-contest/): Vizo Financial hosted its ninth annual Hot Dog Eating Contest on July 20, 2022. There were 29 sponsors, eight contestants, three prizes and a total of $16,263 raised for Children’s Miracle Network (CMN) Hospitals at Penn State Health Children’s Hospital in Hershey, Pa. - [Coastal Credit Union Named to the 2022 Best Employers List by Business North Carolina Magazine](https://thecreditunionconnection.com/coastal-credit-union-named-to-the-2022-best-employers-list-by-business-north-carolina-magazine/): Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2022 North Carolina Best Employers. Specifically, Coastal earned a place in the large company division. This is the sixth year in a row that Coastal has been on the list. - [GTE FINANCIAL CERTIFIED AS A MOST LOVED WORKPLACE](https://thecreditunionconnection.com/gte-financial-certified-as-a-most-loved-workplace/): GTE Financial has become certified as a Most Loved Workplace®, backed by Best Practice Institute (BPI) research and analysis. Most Loved Workplace® validation provides the most comprehensive look at workplace sentiment for organizations today - [NCUA Charters WeDevelopment Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-wedevelopment-federal-credit-union/): The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to WeDevelopment Federal Credit Union in Kansas City, Missouri. - [New CUES Membership Tier Offers Smaller CUs Affordable Access to Top Professional Development](https://thecreditunionconnection.com/new-cues-membership-tier-offers-smaller-cus-affordable-access-to-top-professional-development/): Talent development leader CUES has rolled out new membership pricing for credit unions with assets of $149 million and lower, the first major change to CUES Membership pricing since 2019. - [United Federal Credit Union Names Will Schirmer Chief Human Resources Officer](https://thecreditunionconnection.com/press-release-united-federal-credit-union-names-will-schirmer-chief-human-resources-officer/): United Federal Credit Union has named Will Schirmer to the position of Chief Human Resources Officer. - [Citadel Credit Union Launches Business Banking](https://thecreditunionconnection.com/citadel-credit-union-launches-business-banking/): The full Business Banking Team at Citadel Credit Union in Philadelphia. - [TOPLINE ANNOUNCES COMPLETION OF CONVERSION FROM FEDERAL TO STATE CHARTER](https://thecreditunionconnection.com/topline-announces-completion-of-conversion-from-federal-to-state-charter/): TopLine has received final approval from federal and state regulators to convert from a federal to a state-chartered credit union, and along with this change the credit union will be changing “Federal” to “Financial” - [Alaska USA Federal Credit Union Officially Merges with Global Credit Union](https://thecreditunionconnection.com/alaska-usa-federal-credit-union-officially-merges-with-global-credit-union/): Today, Alaska USA Federal Credit Union (Alaska USA) with headquarters in Anchorage, Alaska, and Global Credit Union (Global) with headquarters in Spokane, Washington have officially merged. - [SECU joins Governor’s Office to kick off School Supply Drive](https://thecreditunionconnection.com/secu-joins-governors-office-to-kick-off-school-supply-drive/): State Employees’ Credit Union (SECU) is pleased to announce that it is once again partnering with the North Carolina Governor’s Office for the annual Governor’s School Supply Drive. - [FORBES MAGAZINE NAMES TEACHERS FEDERAL CREDIT UNION ONE OF AMERICA’S BEST CREDIT UNIONS](https://thecreditunionconnection.com/forbes-magazine-names-teachers-federal-credit-union-one-of-americas-best-credit-unions/): Teachers Federal Credit Union, one of the largest credit unions in the United States with $8.8 billion in assets and more than 420,000 members, has been named to Forbes Magazine’s 2022 America’s Best Credit Unions in Each State list. - [INDIANA MEMBERS FOUNDATION CHARITY GOLF OUTING BENEFITTING EVANSVILLE VANDERBURGH SCHOOL CORPORATION FOUNDATION RAISES $30,500](https://thecreditunionconnection.com/indiana-members-foundation-charity-golf-outing-benefitting-evansville-vanderburgh-school-corporation-foundation-raises-30500/): Pictured: Left to right: Olivia Dehner, Business Development Officer, IMCU, Steve Witting, Sr. Commercial Loan Officer, IMCU, Brian Woods, Sr. Commercial Loan Officer, IMCU, Ely Sena-Martin, President, EVSC Foundation, Craig Shoobridge, Student Advocate, EVSC Foundation, and Kyle Kempf, Commercial Loan Officer, IMCU. - [Advantages of off-balance sheet revenue for small- to mid-size credit unions](https://thecreditunionconnection.com/advantages-of-off-balance-sheet-revenue-for-small-to-mid-size-credit-unions/): Large credit unions typically have the financial resources to withstand the adjustments of an ever-changing economy. Some have just started eliminating overdraft fees to their membership. Small- to mid-sized credit unions have a hard time competing when they struggle to generate fee income. .. - [West Texas Credit Union Announces New President/CEO](https://thecreditunionconnection.com/west-texas-credit-union-announces-new-presidentceo/): West Texas Credit Union has named Adrian Rubio as its new president/CEO. - [Horizon Credit Union Welcomes Embark Into the Family](https://thecreditunionconnection.com/horizon-credit-union-welcomes-embark-into-the-family/): Effective August 1, 2022, Embark Credit Union – based in Great Falls, Montana – formally became part of Horizon Credit Union. - [Upward, UCCU Illustrate the Power of Succession Planning](https://thecreditunionconnection.com/upward-uccu-illustrate-the-power-of-succession-planning/): As the NCUA is on the verge of issuing a final rule on succession planning, some credit unions have been ahead of the game by working strategically to develop succession plans for top executives as well as volunteers. - [Cetera Welcomes Numerica Credit Union](https://thecreditunionconnection.com/cetera-welcomes-numerica-credit-union/): Cetera Financial Group, one of America\'s largest networks of financial professionals, announced today that Numerica Credit Union will convert its investment program to the Cetera Financial Institutions (CFI) community - [OnPoint Community Credit Union Matching Donations to the KGW School Supply Drive](https://thecreditunionconnection.com/onpoint-community-credit-union-matching-donations-to-the-kgw-school-supply-drive/): To support local students heading back to school in the fall, OnPoint Community Credit Union announced today it will give an additional $5 for every $1 donated to the KGW School Supply Drive at OnPoint branches between August 1-6* - [North Island Credit Union Launches Book Drive To Benefit Local Title 1 Schools](https://thecreditunionconnection.com/north-island-credit-union-launches-book-drive-to-benefit-local-title-1-schools/): North Island Credit Union has launched a book drive to help ensure children in low-income households have access to books outside the classroom. The book drive is being conducted in partnership with the Scripps Howard Foundation and ABC 10News as part of its \"If You Give a Child a Book . . .\" childhood literacy campaign. - [First Tech Federal Credit Union Selects Zebra Technologies to Digitize Banking Processes](https://thecreditunionconnection.com/first-tech-federal-credit-union-selects-zebra-technologies-to-digitize-banking-processes/): Zebra Technologies, an innovator at the front line of business with solutions and partners that deliver a performance edge, today announced First Tech Federal Credit Union (First Tech) has selected Reflexis for Banking to increase staff effectiveness and productivity and to elevate customer service. - [Reputation and KeyStone’s Ease-of-Use Drives $2.27 Billion America’s First Federal Credit Union to Partner with Corelation](https://thecreditunionconnection.com/reputation-and-keystones-ease-of-use-drives-227-billion-americas-first-federal-credit-union-to-partner-with-corelation/): Seeking to partner with a core processor focused on growth and excellent client service, America’s First Federal Credit Union ($2.27 billion in assets; 189,358 members; Birmingham, AL) announces their selection of Corelation’s KeyStone. - [First Tech Federal Credit Union Raises more than $1.6 million to Support Children’s Hospitals](https://thecreditunionconnection.com/first-tech-federal-credit-union-raises-more-than-16-million-to-support-childrens-hospitals/): Always eager to \"chip\" in, First Tech Federal Credit Union—the nation’s eighth largest credit union—together with First Tech employees and members, business leaders and credit unions from across the region raised more than $1.6 million dollars as part of the annual Credit Unions for Kids - [SECU’s President David Sweiderk Named 2022 Influential Marylander by The Daily Record](https://thecreditunionconnection.com/secus-president-david-sweiderk-named-2022-influential-marylander-by-the-daily-record/): The Daily Record has named David Sweiderk, president and CEO of SECU Maryland, to its 2022 listing of Influential Marylanders. - [ORIGENCE DELIVERS RECORD NUMBER OF CREDIT UNION LOANS FOR SECOND STRAIGHT QUARTER IN 2022](https://thecreditunionconnection.com/origence-delivers-record-number-of-credit-union-loansfor-second-straight-quarter-in-2022/): Origence, a CU Direct brand, today announced that it had delivered a record amount in credit union loans through its lending platforms in the second quarter of 2022. - [Finopotamus Announces 2022 Tekkie Award Winners](https://thecreditunionconnection.com/finopotamus-announces-2022-tekkie-award-winners/): Finopotamus has announced the winners of its 2022 Tekkie Awards. The second annual awards - [Meridian Selects NetSuite to Help Expand and Streamline Operations](https://thecreditunionconnection.com/meridian-selects-netsuite-to-help-expand-and-streamline-operations/): Meridian, Canada\'s second largest credit union and the largest in Ontario, has selected Oracle NetSuite to help modernize and streamline its business practices to better serve its Members. With NetSuite, Meridian will be able to take advantage of an efficient integrated financial system to support its growth and ongoing digital transformation. - [Zest AI and Origence Partner to Integrate Powerful AI Within Origence Arc OS Loan Origination System](https://thecreditunionconnection.com/zest-ai-and-origence-partner-to-integrate-powerful-ai-within-origence-arc-os-loan-origination-system/): Zest AI, the leader in expanding access to credit through better scoring, today announced its partnership with Origence, the nation\'s leading lending technology solutions and services provider for credit unions. - [House Committee Passes Credit Union Board Modernization Act](https://thecreditunionconnection.com/house-committee-passes-credit-union-board-modernization-act/): The House Financial Services Committee advanced the CUNA and League-led Credit Union Board Modernization Act (H.R. 6889) Wednesday. Reps. Juan Vargas, D-Calif., and Anthony Gonzalez, R-Ohio, introduced the bill during the 2022 CUNA Governmental Affairs Conference in March. - [evolve FCU Now a Co-op Debit-Credit Processing Client](https://thecreditunionconnection.com/evolve-fcu-now-a-co-op-debit-credit-processing-client/): evolve FCU added Signature Debit and In-House Credit processing services from Co-op (coop.org), along with the fintech’s Insights Center self-service business intelligence and reporting platform for analysis of portfolio data. - [Pyramid Federal Credit Union Partners with Asa to Modernize the Member Experience](https://thecreditunionconnection.com/pyramid-federal-credit-union-partners-with-asa-to-modernize-the-member-experience/): Asa connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. The company today announced that Tucson, Ariz-based Pyramid Federal Credit Union has selected the Asa platform - [Carolinas Cup Makes a Splash With New Website from uncommn](https://thecreditunionconnection.com/carolinas-cup-makes-a-splash-with-new-website-from-uncommn/): When the Carolinas Credit Union Foundation sought a streamlined way to manage registrations and sponsorships for its biggest fundraiser of the year – the Carolinas Cup supporting Victory Junction – President Lauren Whaley turned to uncommn for a brand-new website. - [PenFed Credit Union\'s Tysons Headquarters Gives Back to The Community by Donating Over 700 items to Mobile Hope](https://thecreditunionconnection.com/penfed-credit-unions-tysons-headquarters-gives-back-to-the-community-by-donating-over-700-items-to-mobile-hope/): PenFed Credit Union announced its employees donated 706 clothing and hygiene items for Mobile Hope, an emergency youth shelter. - [On Tap Credit Union® Awards Two 2022 Scholarship Winners](https://thecreditunionconnection.com/on-tap-credit-union-awards-two-2022-scholarship-winners/): On Tap Credit Union®, a leader in providing consumers in local Colorado communities with innovative financial solutions for more than 65 years, awarded two 2022 scholarship winners, Alexandria Eke and William Wheaton - [A&M Vet Student Wins $5,000 in Aggieland Credit UnionTuition Takedown Giveaway](https://thecreditunionconnection.com/aampm-vet-student-wins-5000-in-aggieland-credit-uniontuition-takedown-giveaway/): Texas A&M Veterinary Student Mayane Faccin was awarded $5,000 in the fifth annual Aggieland Credit Union Tuition - [Sun East Joins 13 Area Credit Unions and Three Legislators Deliver 3,035 pounds of Food and Funds to Philabundance](https://thecreditunionconnection.com/sun-east-joins-13-area-credit-unions-and-three-legislators-deliver-3035-pounds-of-food-and-funds-to-philabundance/): On July 14, representatives from fourteen 14 credit unions and three legislators delivered 3,035 pounds of non-perishable food items as well as donated $26,100 to Philabundance\'s South Philadelphiawarehouse. - [Tinker FCU Members Win the Credit Union\'s First-Ever Storm Shelter Loan Payoff](https://thecreditunionconnection.com/tinker-fcu-members-win-the-credit-unions-first-ever-storm-shelter-loan-payoff/): Eber Diaz de Leon and his family from Coweta, OK are the big winners of TFCU’s 2022 Storm Shelter Loan Payoff promotion. - [Compensation Up Across Most Positions, According to 2022 CUES® Compensation Survey Results](https://thecreditunionconnection.com/compensation-up-across-most-positions-according-to-2022-cues-compensation-survey-results/): Base salary, base salary plus bonus, and total compensation packages increased last year across 18 of 19 positions reported in the 2022 CUES Compensation Survey. - [First Community Credit Union Announces New Vice President of Mortgage Operations](https://thecreditunionconnection.com/first-community-credit-union-announces-new-vice-president-of-mortgage-operations/): First Community Credit Union (FirstCCU) is pleased to announce that Mike Pogorelec has joined the team as Vice President of Mortgage Operations. Pogorelec has over 14 years of management experience, with nine years in the finance industry - [Cornerstone Financial Credit Union Names Lumin Digital as Enhanced Digital Banking Services Partner](https://thecreditunionconnection.com/cornerstone-financial-credit-union-names-lumin-digital-as-enhanced-digital-banking-services-partner/): Lumin Digital announced today that Tennessee-based Cornerstone Financial Credit Union has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform. - [Posh Technologies raises $4.15M in CUSO round](https://thecreditunionconnection.com/posh-technologies-raises-415m-in-cuso-round/): Posh Technologies, an enterprise conversational AI platform serving financial institutions, announced today it has raised $4.15 million in its third CUSO round of investments. Posh’s CUSO is made up of investors and clients.  - [Co-op Payment Transaction Analysis Shows Credit Union Members Cooled Spending on Amazon Prime Day 2022](https://thecreditunionconnection.com/co-op-payment-transaction-analysis-shows-credit-union-members-cooled-spending-on-amazon-prime-day-2022/): Reflecting the slowdown in consumer spending nationally, Amazon Prime Day stimulated a small uptick in online purchasing over the two-day shopping holiday, according to credit union-issued card data analyzed by Co-op Solutions. - [Caro Earns NCUA Grant to Extend Microbusiness Lending to Underserved](https://thecreditunionconnection.com/caro-earns-ncua-grant-to-extend-microbusiness-lendingto-underserved/): Caro knows small business, and the credit union also knows that many startups and those with independent side gigs use their personal finances and credit to fund their businesses. Often this is because the loans they need are of no interest to most business lenders, according to Caro CEO Anne Shivers. - [Digging out of a pile of should](https://thecreditunionconnection.com/digging-out-of-a-pile-of-should/): One of my guilty pleasures is playing an app called Solitaire Tripeaks. The level of gamification is incredible, obviously designed to keep you playing for hours. For some, it’s Netflix binging or whatever it is that you do to keep your brain busy and not focused where it needs to be… - [Governor Appoints Texas Trust CEO Jim Minge Chairman of the Texas Credit Union Commission](https://thecreditunionconnection.com/governor-appoints-texas-trust-ceo-jim-mingechairman-of-the-texas-credit-union-commission/): Texas Governor Greg Abbott appointed Texas Trust Credit Union CEO Jim Minge Chairman of the Texas Credit Union Commission. Minge will serve in this capacity until December 31, 2023. - [American First CU Saver Wins $50,000 Grand Prize](https://thecreditunionconnection.com/american-first-cu-saver-wins-50000-grand-prize/): American First Credit Union (AFCU) awarded Edward M. from Orange, CA, its third annual grand prize of $50,000 from their savings program called Big Prize Savings. - [Ricky Otey of Partners FCU Appointed To Co-op Solutions Board of Directors](https://thecreditunionconnection.com/ricky-otey-of-partners-fcu-appointedto-co-op-solutions-board-of-directors/): Ricky Otey, President/CEO of Partners FCU of Burbank, California, has been appointed to the Board of Directors of Co-op Solutions by a unanimous vote of the directors. - [Financial Partners Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/financial-partners-credit-union-selects-upstart-for-personal-lending/): Financial Partners Credit Union, a $2.1 billion credit union with over 86,000 members, and branches across California, from South San Francisco to San Diego, today announced it has partnered with Upstart, - [Mazuma Credit Union named Inaugural Kansas City Champion for the CAPS Network](https://thecreditunionconnection.com/mazuma-credit-union-named-inaugural-kansas-city-champion-for-the-caps-network/): Mazuma Credit Union is proud to announce its partnership as an inaugural Kansas City Champion for the Center for Advanced Professional Studies (CAPS) Network Council of Champions. - [CU Business Group Founder and CEO Larry Middleman to Retire After 20 Years of Service](https://thecreditunionconnection.com/cu-business-group-founder-and-ceo-larry-middleman-to-retire-after-20-years-of-service/): CU Business Group, the largest commercial services CUSO in the industry, today announces the retirement of President/CEO Larry Middleman. Middleman founded CUBG in 2002 and has served as the CEO for 20 years. He will be retiring at the end of September 2022. - [USF Federal Credit Union Hires Vice President of Member Experience](https://thecreditunionconnection.com/usf-federal-credit-union-hires-vice-president-of-member-experience/): USF Federal Credit Union (USF FCU) is pleased to welcome Richard J. Sellwood, MBA, CUDE, as the organization\'s new Vice President of Member Experience. - [UMCU Names Marketing Executive to C-Suite Leadership Team to Expand Reach and Further Its Commitment to Enhancing the Brand and Member Experience](https://thecreditunionconnection.com/umcu-names-marketing-executive-to-c-suite-leadership-team-to-expand-reach-and-further-its-commitment-to-enhancing-the-brand-and-member-experience/): The University of Michigan Credit Union, UMCU, welcomes Donna Doleman Dickerson, MBA, CDP, to its executive C-suite team as its new Vice President of Brand and Community Development. In this role, Dickerson will lead marketing, communications, financial education, community development, and innovative product design to meet the needs of its members, businesses, universities, and communities that UMCU serves. - [Consumers Seek Financial Guidance and Comfort from Non-Traditional Sources Like TikTok, Vericast Survey Finds](https://thecreditunionconnection.com/consumers-seek-financial-guidance-and-comfort-from-non-traditional-sources-like-tiktok-vericast-survey-finds/): Vericast\'s latest research revealed how consumers\' relationships with financial institutions are changing, and in some surprising ways. - [iQ Launches New Educational Banking App](https://thecreditunionconnection.com/iq-launches-new-educational-banking-app/): iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, today announced the launch of CashCamp, a new educational banking app that helps educate kids ages 7-14 about good financial habits and how to manage their money - [OnPath Federal Credit Union Signs Contract for Empower, Black Knight\'s LOS and Suite of Integrated Origination Solutions](https://thecreditunionconnection.com/onpath-federal-credit-union-signs-contract-for-empower-black-knights-los-and-suite-of-integrated-origination-solutions/): Black Knight, Inc. announced today that OnPath Federal Credit Union (OnPath FCU) has signed a long-term agreement for the Empower, Black Knight\'s loan origination system(LOS) and suite of integrated origination solutions to support its growing retail and home equity lending channels. - [Mahalo Banking raises $20 Million to Further Accelerate Growth in Mobile and Online Banking Services](https://thecreditunionconnection.com/mahalo-banking-raises-20-million-to-further-accelerate-growth-in-mobile-and-online-banking-services/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, completed a $20 million funding round this month that was led by Ohio-based Superior Credit Union, Ky.-based Park Community Credit Union and Del.-based Dover Federal Credit Union. - [Aux AND THRIVE Partner to Accelerate Credit Union Data Consumption](https://thecreditunionconnection.com/aux-and-thrive-partner-to-accelrate-credit-unions-data-consumption/): Aux and THRIVE, a data education consultancy, have teamed up to provide a reduced cost for THRIVE’s Data Education Series that helps credit unions asses their current data state to identify the best actions to help improve members’ lives. - [Vizo Financial Holding 2022 Financial Conference in Charlotte, N.C.](https://thecreditunionconnection.com/vizo-financial-holding-2022-financial-conference-in-charlotte-nc/): Vizo Financial is once again hosting its biggest financial event of the year, the 2022 Financial Conference, at The Ballantyne Hotel in Charlotte, N.C. on September 14-16, 2022. Attendees are invited to join the Corporate in the Queen City for this three-day event, featuring educational sessions presented by industry experts and networking opportuniti - [Southland Credit Union Launches Mobile Cryptocurrency Service Alongside $5 Bitcoin Promotion](https://thecreditunionconnection.com/southland-credit-union-launches-mobile-cryptocurrency-service-alongside-5-bitcoin-promotion/): Southland Credit Union, a billion-dollar credit union, today announced the company’s partnership with NYDIG, a leading bitcoin company. As the latest early adopter of cryptocurrency services, Southland will be the second credit union in the Southern California area to offer cryptocurrency buying and selling services - [Cornerstone announces groundbreaking fintech partnership](https://thecreditunionconnection.com/cornerstone-announces-groundbreaking-fintech-partnership/): Cornerstone Resources and Cornerstone Foundation have announced their partnership with Credit Mountain, a fintech CUSO, to offer groundbreaking technology that will increase credit unions’ opportunities to engage with their members while providing personalized credit-improvement plans—all through a user-friendly mobile app. - [Three More Credit Unions Tap Chimney to Drive Digital Engagement with Members](https://thecreditunionconnection.com/three-more-credit-unions-tap-chimney-to-drive-digital-engagement-with-members/): Chimney™, a leader in financial guidance for the digital age, today announced partnerships with three credit unions. Chimney’s award-winning digital tools and modern financial calculators enable credit unions to provide tailored financial guidance for their members while increasing qualified conversions across digital channels. - [Bellwether Community Credit Union and Senso Have Partnered](https://thecreditunionconnection.com/bellwether-community-credit-union-and-senso-have-partnered/): Bellwether Community Credit Union and Senso have partnered to improve the homebuying experience for existing and incoming members. - [Service CU Partners with Zest AI](https://thecreditunionconnection.com/service-cu-partners-with-zest-ai/): Service Credit Union, the largest credit union in New Hampshire with $5.3 billion in assets, today announced it has partnered with Zest AI, the leader in expanding access to credit through better scoring and winner of NACUSO\'s 2022 CUSO of the Year Award. Starting with credit card decisioning, Zest AI and Service Credit Union are deploying a custom credit model enabling the credit union to increase automation as well as the number of approved loans for members. - [Gary Grinnell named NAFCU’s 2022-2023 Board of Directors Chair](https://thecreditunionconnection.com/gary-grinnell-named-nafcus-2022-2023-board-of-directors-chair/): The National Association of Federally-Insured Credit Unions (NAFCU) Tuesday announced its 2022-2023 Board of Directors during its Annual Business Meeting at the association\'s headquarters in Arlington, Va. Gary Grinnell, President and CEO of Corning Credit Union, has been elected as NAFCU\'s board chair. - [RIO GRANDE CREDIT UNION GOES LIVE WITH CUERY DATA ANLALYTICS SOLUTION FROM AUX](https://thecreditunionconnection.com/rio-grande-credit-union-goes-live-with-cuery-data-anlalytics-solution-from-aux/): Aux is excited to announce that Rio Grande Credit Union of Albuquerque, NM, is now live with the Cuery data analytics solution. Rio Grande is a welcome addition to the growing community of Cuery data analytics users and now has a complete view of its members - [Town & Country FCU Consolidates Debit and Credit ProcessingWith Co-op Solutions for Improved Member Experience](https://thecreditunionconnection.com/town-amp-country-fcu-consolidates-debit-and-credit-processingwith-co-op-solutions-for-improved-member-experience/): Town & Country FCU is expanding its partnership with Co-op Solutions, now engaging Co-op to provide Debit processing as well as Full-Service Credit processing, and newly participating in the nationwide Co-op ATM network. - [Happy Money Named to the 2022 CB Insights\' Fintech 250 List](https://thecreditunionconnection.com/happy-money-named-to-the-2022-cb-insights-fintech-250-list/): CB Insights today named Happy Money to its fifth-annual Fintech 250 ranking, showcasing the 250 most promising private fintech companies of 2022. - [iQ Credit Union Ranked as a Top Place To Work](https://thecreditunionconnection.com/iq-credit-union-ranked-as-a-top-place-to-work/): iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, announced today that it has been listed as a winner of the Oregonian\'s Top Workplaces for the seventh consecutive year, ranking 21st out of 51 mid-sized employers in Oregon and southwest Washington. - [Citadel Credit Union Helps Raise Over $2 Million for Cancer Center at Children\'s Hospital of Philadelphia](https://thecreditunionconnection.com/citadel-credit-union-helps-raise-over-2-million-for-cancer-center-at-childrens-hospital-of-philadelphia/): Citadel Credit Union, the presenting sponsor of the CHOP Parkway Run & Walk, has announced an additional contribution for CHOP\'s Cancer Center. Presented to CHOP at the 20th annual Parkway event, Citadel doubled its annual total to $300,000 - [PenFed Credit Union Marketing Campaign Takes Over Concourse C Connector at Washington Dulles International Airport Greeting Millions as Travel Soars & Capital Region Grows](https://thecreditunionconnection.com/penfed-credit-union-marketing-campaign-takes-over-concourse-c-connector-at-washington-dulles-international-airport-greeting-millions-as-travel-soars-amp-capital-region-grows/): New \'PenFed Tunnel\' Transforms Daily Gateway to Nation\'s Capital Via a Multi-Year, Multimillion Dollar Partnership Between Clear Channel Airports, The Metropolitan Washington Airports Authority and PenFed - [Financial One Credit Union joins Magnifi Financial Credit Union](https://thecreditunionconnection.com/financial-one-credit-union-joins-magnifi-financial-credit-union/): Magnifi Financial, a full-service community credit union offering retail and commercial banking and wealth management services, announced it has merged in Financial One Credit Union - [MAP Partners with equipifi to Bring Buy Now, Pay Later Services to Credit Unions](https://thecreditunionconnection.com/map-partners-with-equipifi-to-bring-buy-now-pay-later-services-to-credit-unions/): equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced its partnership with Member Access Processing (MAP) - [$48M HealthShare FCU Finds Member and Loan Growth](https://thecreditunionconnection.com/48m-healthshare-fcu-finds-member-and-loan-growth/): COVID hit HealthShare Federal Credit Union and its members particularly hard, because its healthcare-based members were too busy to stop into a branch and - [OnPoint Community Credit Union releases updated eBook to help guard against evolving tactics in cybercrime](https://thecreditunionconnection.com/onpoint-community-credit-union-releases-updated-ebook-to-help-guard-against-evolving-tactics-in-cybercrime/): From ransomware-for-hire to smishing attacks, OnPoint provides guidance on protecting against the newest cybersecurity threats. - [Credit Union of Colorado Goes Live with Scienaptic AI-Powered Credit Decisioning Platform](https://thecreditunionconnection.com/credit-union-of-colorado-goes-live-with-scienaptic-ai-powered-credit-decisioning-platform/): Scienaptic AI announced today that Credit Union of Colorado is now live on its platform. Integrating the platform with Credit Union of Colorado’s LOS (Temenos) and going live enables the credit union to make automated, AI-driven - [NCUA Posts 2023–2024 Proposed Budget, Sets October 19 Public Briefing](https://thecreditunionconnection.com/ncua-posts-20232024-proposed-budget-sets-october-19-public-briefing/): The National Credit Union Administration’s staff draft budget for 2023–2024 is now available on the agency’s website for review and comment. The staff draft budget has also been submitted for publication in the Federal Registe - [Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricanes Fiona and Ian](https://thecreditunionconnection.com/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-on-supervisory-practices-regarding-financial-institutions-affected-by-hurricanes-fiona-and-ian/): The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7/): Check out new hires, promotions, board appointments and awards. - [Northern Lights Acquisition Corp. Completes Business Combination](https://thecreditunionconnection.com/northern-lights-acquisition-corp-completes-business-combination/): SHF Holdings, Inc. (the \"Company\") ( Nasdaq: SHFS), formerly known as Northern Lights Acquisition Corp. (\"NLIT\") ( Nasdaq: NLIT), a special purpose acquisition company, announced that it has completed its previously announced acquisition of SHF, LLC, d/b/a Safe Harbor Financial (\"Safe Harbor\"), - [UFCU Names Michael Crowl Next CEO and President](https://thecreditunionconnection.com/ufcu-names-michael-crowl-next-ceo-and-president/): University Federal Credit Union names Michael Crowl next CEO (Photo: Business Wire) - [It’s everyone else, not me](https://thecreditunionconnection.com/credit-unions-congress/): Credit unions remind me of Congress sometimes. I’m sure you have seen polling that shows congress has a very low approval rating, but… - [SkyPoint FCU Launches SkyPoint Pay to Provide Unprecedented Security When Transferring Funds](https://thecreditunionconnection.com/skypoint-fcu-launches-skypoint-pay-to-provide-unprecedented-security-when-transferring-funds/): SkyPoint Federal Credit Union (SkyPoint) announces the launch of their new product, SkyPoint Pay, which will provide their members with unprecedented security when transferring funds between banks or to individual payees. - [Co-op Solutions Raises Nearly $30,000for CMN Hospitals and NCUF Through Presidents Cup Sponsorship](https://thecreditunionconnection.com/co-op-solutions-raises-nearly-30000for-cmn-hospitals-and-ncuf-through-presidents-cup-sponsorship/): A total of $16,100 was raised for Children’s Miracle Network Hospitals during the Presidents Cup golf tournament. At the check presentation are, left to right, Renee Richards, representing CMN Hospitals; Samantha Paxson, Co-op Solutions; John Bratsakis, MD|DC Credit Union Association; Todd Clark, Co-op Solutions; and Jeff Guy, father of a CMN Hospitals Champion Child. - [SECU Launches Third Annual \"Kindness Connects\" Campaign to Spread 250,000 Acts of Kindness Across Maryland](https://thecreditunionconnection.com/secu-launches-third-annual-kindness-connects-campaign-to-spread-250000-acts-of-kindness-across-maryland/): Throughout October, employees, members and partners, as well as the greater community, are encouraged to be kind and inspire others to do the same via SECU’s Kindness Kits. Learn more at www.secukindness.org. - [Superior Choice Credit Union to Merge with Hayward Community Credit Union](https://thecreditunionconnection.com/superior-choice-credit-union-to-merge-with-hayward-community-credit-union/): Together, Hayward Community Credit Union (HCCU) and Superior Choice Credit Union (SCCU) have announced their intent to merge pending a due diligence period and approval from Hayward Community Credit Union members. - [Billings Federal Credit Union Selects Scienaptic’s AI-Powered Platform To Enhance Credit Decisioning](https://thecreditunionconnection.com/billings-federal-credit-union-selects-scienaptics-ai-powered-platform-to-enhance-credit-decisioning/): Scienaptic AI announced today that Montana-based Billings Federal Credit Union has chosen to implement Scienaptic’s AI-powered credit decisioning platform. The credit union aims to lend deeper - [Minority Depository Institution Credit Unions Continue to Serve Members and Communities](https://thecreditunionconnection.com/minority-depository-institution-credit-unions-continue-to-serve-members-and-communities/): The National Credit Union Administration today released its annual report to Congress(opens new window) on the performance of minority depository institution (MDI) credit unions and the agency’s work to support them - [American Southwest Credit Union Names Lumin Digital as Enhanced Digital Banking Services Partner](https://thecreditunionconnection.com/american-southwest-credit-union-names-lumin-digital-as-enhanced-digital-banking-services-partner/): Lumin Digital announced today that Arizona-based American Southwest Credit Union (ASCU) has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform. - [WorkTango Unveils Holistic Employee Experience Platform Accompanied by New Brand Identity](https://thecreditunionconnection.com/worktango-unveils-holistic-employee-experience-platform-accompanied-by-new-brand-identity/): The WorkTango Employee Experience Platform includes three core product pillars: Recognition & Rewards, Surveys & Insights, and Goals & Feedback. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad/): Check out new hires, promotions and board appointments - [Financial Partners Credit Union Named Recipient In U.S. Treasury’s Emergency Capital Investment Program](https://thecreditunionconnection.com/financial-partners-credit-union-named-recipient-in-us-treasurys-emergency-capital-investment-program/): Financial Partners Credit Union, serving more than 86,000 members in California, has been named an approved participant in the U.S. Department of Treasury’s Emergency Capital Investment Program (ECIP). - [COTRIBUTE AND CORELATION PARTNER TO HELP CREDIT UNIONS GROW](https://thecreditunionconnection.com/cotribute-and-corelation-partner-to-help-credit-unions-grow/): Leading credit union core processor Corelation, Inc. and Cotribute, the award-winning fintech platform for digital member growth, today announced a strategic partnership - [An Eye on Growth Prompts Digital Banking Upgrade for Hartford Firefighters FCU](https://thecreditunionconnection.com/an-eye-on-growth-prompts-digital-banking-upgrade-for-hartford-firefighters-fcu/): When Hartford Firefighters Federal Credit Union CEO Bryan Woodwardbegan to consider his credit union\'s prospects for growth, he realized something about the 1,700 member, $26 millioncredit union, - [Maine Credit Union League Endorses Janet T. Mills for Governor](https://thecreditunionconnection.com/maine-credit-union-league-endorses-janet-t-mills-for-governor/): The Maine Credit Union League is pleased to announce it has endorsed Governor Janet T. Mills in the upcoming race for Governor. The League’s Board of Directors voted unanimously - [Rapid Response by Dolphin Debit Keeps DepositsFlowing for Washington’s Sno Falls Credit Union](https://thecreditunionconnection.com/rapid-response-by-dolphin-debit-keeps-depositsflowing-for-washingtons-sno-falls-credit-union/): When Sno Falls Credit Union in Washington needed an ATM upgrade in a hurry, they were counting on Dolphin Debit to get the job done. They weren’t disappointed. - [ValleyStar Credit Union Expands Partnership with PSCU](https://thecreditunionconnection.com/valleystar-credit-union-expands-partnership-with-pscu/): PSCU has announced it has expanded its partnership with ValleyStar Credit Union (ValleyStar). In addition to support services for credit, the CUSO will now also provide debit processing support for the credit union. - [Cinchy Launches Data Liberation Solution for Credit Unions](https://thecreditunionconnection.com/cinchy-launches-data-liberation-solution-for-credit-unions/): Cinchy, the dataware pioneer that reduces organizational complexity by liberating data, today launched a solution to help credit unions maximize limited resources, reduce operating and project costs, and optimize the member experience. - [Cybersecurity, Interchange, Cannabusiness Banking and More Headlined NAFCU’s Congressional Caucus](https://thecreditunionconnection.com/cybersecurity-interchange-cannabusiness-banking-and-more-headlined-nafcus-congressional-caucus/): Lots to come from NAFCU’s Congressional Caucus, from cybersecurity to the CFPB to lawmakers, including House Financial Services Committee Ranking Member Patrick McHenry who spoke very directly with NAFCU CEO Dan Berger on these topics and more! - [Every interaction is a chance to build up or break a relationship](https://thecreditunionconnection.com/credit-union-member-relationship/): How does your credit union monitor member sentiment? - [Kinecta Board Partners with the Underground for Thought Leadership](https://thecreditunionconnection.com/kinecta-board-partners-with-the-underground-for-thought-leadership/): Money 20/20, the biggest conversation around money in the world, is taking the stage in Las Vegas and the Underground is colliding on October 22 and 23 for a two-day, 2Xperience. For the first time ever, Kinecta Federal Credit Union’s Board of Directors is partnering - [Zest AI Partners with WithClutch to Expand Inclusive Financing and Refinancing Options for Credit Union Members](https://thecreditunionconnection.com/zest-ai-partners-with-withclutch-to-expand-inclusive-financing-and-refinancing-options-for-credit-union-members/): Zest AI, the leader in expanding access to credit through better scoring and winner of NACUSO\'s CUSO of the Year Award, and fellow CUSO WithClutch, a technology company focused on building digital experiences for credit unions - [SECU Foundation Provides $40,000 Grant for Animal-Assisted Therapy Program in Western North Carolina](https://thecreditunionconnection.com/secu-foundation-provides-40000-grant-for-animal-assisted-therapy-program-in-western-north-carolina/): SECU Foundation recently provided a $40,000 grant toTimberKnolls Spirit Cove (TSC), an organization that provides animal-assisted activities and therapy to veterans, military families, first responders, healthcare workers, and people battling illness or trauma - [Mahalo Banking Partners with UnitedOne Credit Union to Provide Omni-Channel Member Experience](https://thecreditunionconnection.com/mahalo-banking-partners-with-unitedone-credit-union-to-provide-omni-channel-member-experience/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced that it has successfully implemented its digital banking platform at Manitowoc, Wis.-based UnitedOne Credit Union (UnitedOne) - [High Tide Closes $19 Million Non-Dilutive Credit Facility with connectFirst Credit Union](https://thecreditunionconnection.com/high-tide-closes-19-million-non-dilutive-credit-facility-with-connectfirst-credit-union/): High Tide Inc., a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that, further to its press release dated August 18, 2022, it has closed a $19 million senior secured credit - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals/): Check out new hires, promotions and board appointments - [Citadel Credit Union Chooses Lumin Digital as Enhanced Digital Banking Services Partner](https://thecreditunionconnection.com/citadel-credit-union-chooses-lumin-digital-as-enhanced-digital-banking-services-partner/): Lumin Digital announced today that Pennsylvania-based Citadel Credit Union has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform. - [BayPort Credit Union Named #1 for Financial Education in Virginia](https://thecreditunionconnection.com/bayport-credit-union-named-1-for-financial-education-in-virginia/): For the third straight year, BayPort Credit Union is the only Virginiacredit union to have won in all four award categories in the 2022 Social Responsibility Awards sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA). - [SECU Named Official Banking Partner of the Maryland Terrapins](https://thecreditunionconnection.com/secu-named-official-banking-partner-of-the-maryland-terrapins/): Today, SECU, Maryland\'s largest state-chartered credit union, continued its longstanding commitment to Maryland communities with an exclusive 10-year partnership with Maryland Athletics. As - [The University of Michigan Credit Union receives 7 Awards](https://thecreditunionconnection.com/the-university-of-michigan-credit-union-receives-7-awards/): The University of Michigan Credit Union, UMCU, has been recognized as a top workplace with seven awards for organizational development, marketing, business development, and employee engagement. - [SECU Pledges $300,000 for WFCU to Address Global Issues in Inclusion, Safety, Gender, and Leadership](https://thecreditunionconnection.com/secu-pledges-300000-for-wfcu-to-address-global-issues-in-inclusion-safety-gender-and-leadership/): SECU President and CEO Jim Hayes (left) presents check to WFCU Executive Director Mike Reuter for global credit union engagement. - [National Institutes of Health Federal Credit Union Recognized By American Banker as a Best Credit Union To Work For](https://thecreditunionconnection.com/national-institutes-of-health-federal-credit-union-recognized-by-american-banker-as-a-best-credit-union-to-work-for/): The National Institutes of Health Federal Credit Union (NIHFCU) was recently named by American Banker as one of the nation’s top credit unions to work for in 2022. - [How to get 2,799% ROI by crafting and sharing your credit union story](https://thecreditunionconnection.com/how-to-roi-credit-union-story/): Your Marketing Co. CEO Bo McDonald challenges, what’s your brand story? Can it earn you a 2,799% ROI? It can if your credit union story is one people can relate to and want to be a part of. - [NCUA Releases Simplified CECL Tool for Small Credit Unions](https://thecreditunionconnection.com/ncua-releases-simplified-cecl-tool-for-small-credit-unions/): The National Credit Union Administration released today a new tool to help small credit unions comply with the Financial Accounting Standards Board’s accounting standard on current expected credit loss, or CECL, which goes into effect - [EECU JOINS CARSAVER\'S MARKETPLACE WITH AUTOMATED UPGRADES TO HELP MEMBERS BUY, FINANCE AND UPGRADE CARS ONLINE](https://thecreditunionconnection.com/eecu-joins-carsavers-marketplace-with-automated-upgrades-to-help-members-buy-finance-and-upgrade-cars-online/): CarSaver, the leading automotive e-commerce marketplace and fintech platform announced today at the CMFG Ventures Fintech Summit that EECU, a $3.6 billion credit union institution with 16 financial centers across Dallas/Fort Worth (DFW), has joined CarSaver\'s industry-first Marketplace and Automated Upgrade Platform. - [Affinity Federal Credit Union and Seton Hall University Athletics Announce New Relationship](https://thecreditunionconnection.com/affinity-federal-credit-union-and-seton-hall-university-athletics-announce-new-relationship/): Seton Hall University Athletics and Affinity Federal Credit Union (Affinity), a member-based, federally insured, full-service financial institution, announce their relationship, establishing Affinity as the official credit union of the University’s athletics program. - [Wescom Announces NIL Partnership with UCLA Women’s Softball Student-Athlete Maya Brady](https://thecreditunionconnection.com/wescom-announces-nil-partnership-with-ucla-womens-softball-student-athlete-maya-brady/): Southern California-based Wescom Credit Union today announced that it is partnering with UCLA student-athlete and women’s softball star Maya Brady. This will mark Wescom’s first student-athlete partnership - [iTHINK Financial Credit Union Signs Contract for the Black Knight Empower LOS to Help Drive Growth and Provide Members With an Exceptional Experience](https://thecreditunionconnection.com/ithink-financial-credit-union-signs-contract-for-the-black-knight-empower-los-to-help-drive-growth-and-provide-members-with-an-exceptional-experience/): Black Knight, Inc. announced that iTHINK Financial Credit Union, a Florida-based credit union founded in 1969 by a group of IBM employees, has selected the Empower loan origination system (LOS) to automate its origination processes in support of the credit union\'s continued business growth. - [First Tech Federal Credit Union Uses Pega to Help Drive Efficiency Across Business Operations and Customer Experiences](https://thecreditunionconnection.com/first-tech-federal-credit-union-uses-pega-to-help-drive-efficiency-across-business-operations-and-customer-experiences/): Pegasystems Inc. , the low-code platform provider that builds agility into the world\'s leading organizations, today announced First Tech Federal Credit Union (First Tech), the nation\'s ninth-largest credit union - [FIntegrate’s FusionCRS™ Platform Efficiently Streamlines Collections and Recovery for Alabama Central Credit Union](https://thecreditunionconnection.com/fintegrates-fusioncrs-platform-efficiently-streamlines-collections-and-recovery-for/): FIntegrate, a data-driven analytics company focused on portfolio tracking, collections and revenue recovery and transaction dispute management software for the financial industry, announced that - [Digital Federal Credit Union Doubles Loan Volume with Blue Sage](https://thecreditunionconnection.com/digital-federal-credit-union-doubles-loan-volume-with-blue-sage/): Blue Sage Solutions, LLC, developers of the mortgage industry\'s leading browser-based, end-to-end mortgage lending system, announced that Digital Federal Credit Union (DCU), the largest credit union in New England - [CAPITO, MANCHIN ANNOUNCE $35,000 FOR TWO EASTERN PANHANDLE CREDIT UNIONS](https://thecreditunionconnection.com/capito-manchin-announce-35000-for-two-eastern-panhandle-credit-unions/): U.S. Senators Shelley Moore Capito (R-W.Va.) and Joe Manchin (D-W.Va.), both members of the Senate Appropriations Committee, announced $35,000 from the National Credit Union Administration (NCUA) - [Affinity Foundation to Host Inaugural Rise and Inspire Gala on Oct. 13](https://thecreditunionconnection.com/affinity-foundation-to-host-inaugural-rise-and-inspire-gala-on-oct-13/): The Affinity Foundation, a nonprofit organization dedicated to improving the financial wellbeing, increasing educational opportunities and access to healthcare for individuals throughout the - [Visions Federal Credit Union Humanizes Digital Member Experiences with Finalytics.ai](https://thecreditunionconnection.com/visions-federal-credit-union-humanizes-digital-member-experiences-with-finalyticsai/): Finalytics.ai powers segment-of-one digital experiences for community financial institutions. The company announced today that $5.6 billion-asset Visions Federal Credit Union is the first to - [WFCU Credit Union chooses FINTAINIUM to Provide Cash Flow Management Platform USA - English](https://thecreditunionconnection.com/wfcu-credit-union-chooses-fintainium-to-provide-cash-flow-management-platform-usa-english/): WFCU Credit Union (WFCU), a leading financial organization operating across Ontario, Canada, and FINTAINIUM, an embedded payments and cash flow management platform, announced a strategic initiative to help - [Vantage West Credit Union Partners with Upstart to Offer a More Streamlined, Digital-first Borrowing Experience](https://thecreditunionconnection.com/vantage-west-credit-union-partners-with-upstart-to-offer-a-more-streamlined-digital-first-borrowing-experience/): Vantage West Credit Union, a leading credit union with more than 170,000 members and assets totaling more than $2.6 billion, today announced that it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence - [University Credit Union and UC San Diego Announce Partnership In Support of California Higher Education](https://thecreditunionconnection.com/university-credit-union-and-uc-san-diego-announce-partnership-in-support-of-california-higher-education/): University Credit Union (UCU) is excited to announce its newest partnership with UC San Diego. The partnership will seek further success within the California higher education sector by directly supporting students, - [Your Marketing Co. Adds Helixa for Improved Marketing Messaging](https://thecreditunionconnection.com/your-marketing-co-adds-helixa-for-improved-marketing-messaging/): Understanding your audience is critical to story sharing. To serve its strategic marketing clients even better in this area, Your Marketing Co. has invested to offer Helixa, a powerful artificial intelligence engine that helps brands connect - [Lower and Wyndham Engage Orchard for Power Buyer Services](https://thecreditunionconnection.com/lower-and-wyndham-engage-orchard-for-power-buyer-services/): Lenders are turning to Power Buyer Orchard to turn qualified leads into homeowners. Orchard, which specializes in removing contingencies and getting buyers into their dream homes with cash-backed offers, has already signed on dozens of lender partners including Lower.com and Wyndham Capital Mortgage, as well as a number of Credit Unions across the country. - [Funding Circle and Affinity Plus Federal Credit Union Partner to Improve Credit Access for Small Business Owners](https://thecreditunionconnection.com/funding-circle-and-affinity-plus-federal-credit-union-partner-to-improve-credit-access-for-small-business-owners/): Funding Circle, the leading online platform for small business loans, and Affinity Plus Federal Credit Union (Affinity Plus), a Minnesota-based credit union, are partnering to provide small businesses with access to credit in communities throughout Minnesota and across the country - [HawaiiUSA Federal Credit Union Selects Ignite Sales to Drive Member Growth](https://thecreditunionconnection.com/hawaiiusa-federal-credit-union-selects-ignite-sales-to-drive-member-growth/): Ignite Sales, Inc. today announced that HawaiiUSA Federal Credit Union, the state’s largest credit union, has selected its member engagement platform to enable them to drive member growth by delivering differentiated, personalized member experiences. - [SchoolsFirst Federal Credit Union Recognized By Forbes](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-recognized-by-forbes/): SchoolsFirst Federal Credit Union, the state’s largest credit union which serves more than 1.2 million school employees and their families, has been recognized by Forbes as the number one Best-In-State Credit Union in California - [Gulf Winds Selects Daniel Souers as President and Chief Executive Officer](https://thecreditunionconnection.com/gulf-winds-selects-daniel-souers-as-president-and-chief-executive-officer/): Gulf Winds Credit Union is pleased to announce the selection of Daniel Souers as its next President and Chief Executive Officer, effective October 1, 2022. He will succeed Chris Rutledge, who is retiring after 20 years as the President and CEO of Gulf Winds. - [CU Revl Partners with Cross Valley Federal Credit Union to Launch New Student Loan Products](https://thecreditunionconnection.com/cu-revl-partners-with-cross-valley-federal-credit-union-to-launch-new-student-loan-productsproviding-credit-union/): CU REVL LLC announced today it launched a custom education suite of products for Cross Valley Federal Credit Union of Wilkes-Barre, Pennsylvania and its members. CURevl leverages its proprietary - [NCUA Grants Will Allow Low-Income Credit Unions to Expand Service, Build Capacity](https://thecreditunionconnection.com/ncua-grants-will-allow-low-income-credit-unions-to-expand-service-build-capacity/): The National Credit Union Administration has awarded more than $1.5 million in Community Development Revolving Loan Fund grants to help 90 low-income credit unions expand outreach to underserved communities - [Updates to Interest Rate Risk Supervisory Framework](https://thecreditunionconnection.com/updates-to-interest-rate-risk-supervisory-framework/): The NCUA has revised its interest rate risk (IRR) supervisory framework and issued the attached Supervisory Letter to exam staff to increase clarity and flexibility. The changes to the IRR supervisory framework will improve the focus of the NCUA’s supervision of IRR in credit unions given current market conditions. - [MX Partners with MeridianLink® to Deliver Better Account Opening Experiences with Instant Account Verification](https://thecreditunionconnection.com/mx-partners-with-meridianlink-to-deliver-better-account-opening-experiences-with-instant-account-verification/): MX, a leader in Open Finance, and MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced a reseller agreement to integrate MX\'s Instant Account Verification - [What the NEV?! And other ways Washington is screwing up credit unions](https://thecreditunionconnection.com/washington-is-screwing-up-credit-unions/): Tackling the impact to credit unions from NCUA’s net economic value (NEV) policy and more nonsense from the Consumer Financial Protection Bureau and sending it through the sewer system where it belongs. - [The Power of Partnership](https://thecreditunionconnection.com/the-power-of-partnership/): Credit Union Cooperation Is Our Superpower to Speed Up and Meet Members in this Moment By Samantha Paxson - [ABNB Federal Credit Union Launches BioCatch on Alkami Digital Banking Platform](https://thecreditunionconnection.com/abnb-federal-credit-union-launches-biocatch-on-alkami-digital-banking-platform/): lkami Technology, Inc. announced today its client, ABNB Federal Credit Union, has launched the BioCatch solution via the Alkami Platform to protect members from fraud attacks and cybercrime with state-of-the-art fraud mitigation technology. - [Labor Credit Union Wins Credit Union of the Year Award](https://thecreditunionconnection.com/labor-credit-union-wins-credit-union-of-the-year-award/): Hina Khalid, CFO, Thomas Domingue, CEO and Amber Mooney, VP of Member Experience for Labor Credit Union with the award. - [Rocky Mountain Credit Union Successfully Launches Mahalo’s Digital Banking Platform](https://thecreditunionconnection.com/rocky-mountain-credit-union-successfully-launches-mahalos-digital-banking-platform/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has completed its digital banking implementation with Helena, Mont.-based Rocky Mountain Credit Union (RMCU) to provide an improved and seamless digital banking experience for the credit union’s members. - [Big Data/Big Climb Placed in America’s Credit Union Museum’s Ensweiler Research Library](https://thecreditunionconnection.com/big-databig-climb-placed-in-americas-credit-union-museums-ensweiler-research-library/): America’s Credit Union Museum has asked Anne Legg, CEO of THRIVE Strategic Services, to place three copies of her book, Big Data/Big Climb, in the Ensweiler Research Library. - [Carolina Cross Connection Receives SECU Foundation Grant to Advance Efforts for DEI Initiatives](https://thecreditunionconnection.com/carolina-cross-connection-receives-secu-foundation-grant-to-advance-efforts-for-dei-initiatives/): Holding check left to right: LeBarbara Southern, SECU senior vice president, and Dr. Brittany Bethel, CCC executive director, surrounded by CCC and local SECU board members and staff. - [Velocity Solutions Releases Research from Cornerstone Advisors Revealing that 84% of Consumers Value Overdraft Protection](https://thecreditunionconnection.com/velocity-solutions-releases-research-from-cornerstone-advisors-revealing-that-84-of-consumers-value-overdraft-protection/): Velocity Solutions has released a new report commissioned from Cornerstone Advisors: “Beyond Overdraft: Helping Consumers Manage Liquidity.” This comprehensive white paper is based on a Q2 2022 survey of 3,000 US consumers - [AMOCO Federal Credit Union Selects the Black Knight Empower LOS, MSP Servicing System and Suite of Integrated Solutions](https://thecreditunionconnection.com/amoco-federal-credit-union-selects-the-black-knight-empower-los-msp-servicing-system-and-suite-of-integrated-solutions/): Today, Black Knight, Inc. announced that AMOCO Federal Credit Union, a growing credit union based out of eastern Texas with members across the country, has signed a contract to implement the Empower loan origination system (LOS) and its - [MemberPass, powered by Bonifii, delivers multiple new functions and attractive user benefits](https://thecreditunionconnection.com/memberpass-powered-by-bonifii-delivers-multiple-new-functions-and-attractive-user-benefits/): Bonifii is excited to announce that its premier digital identity and fraud prevention solution, MemberPass®, has been significantly strengthened and improved. The next generation of MemberPass is released and available for credit union implementation today! - [PenFed Credit Union Announces Inaugural Auto Loan Securitization](https://thecreditunionconnection.com/penfed-credit-union-announces-inaugural-auto-loan-securitization/): PenFed Credit Union announced the closing of their inaugural prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2022-A (PAROT 2022-A). The transaction issued $460,292,000 of fixed-rate, amortizing asset-backed notes backed by prime auto loans. - [NCUA to Distribute $395 Million Under Corporate System Resolution Program](https://thecreditunionconnection.com/ncua-to-distribute-395-million-under-corporate-system-resolution-program/): The National Credit Union Administration, in its role as liquidating agent, announced a $313 million distribution to more than 400 membership and paid in capital shareholders of the former Members United, Constitution, and U.S. Central corporate credit unions. - [Firstmark Credit Union Transforms Workforce Security and Productivity with Stratodesk](https://thecreditunionconnection.com/firstmark-credit-union-transforms-workforce-security-and-productivity-with-stratodesk/): Endpoint OS innovator Stratodesk today announced it is powering a fleet of VMware thin clients for Firstmark Credit Union, the oldest state-chartered credit union in San Antonio, Texas, - [Love My Credit Union Rewards Expands Mobile Offerings with Both Spectrum and Xfinity](https://thecreditunionconnection.com/love-my-credit-union-rewards-expands-mobile-offerings-with-both-spectrum-and-xfinity/): CU Solutions Group (CUSG) has partnered with both Xfinity and Spectrum to provide exclusive credit union member cash rewards on mobile and internet services. - [BCU AWARDS $93,500 IN SCHOLARSHIPSTO UNDERGRADUATE STUDENTS](https://thecreditunionconnection.com/bcu-awards-93500-in-scholarshipsto-undergraduate-students/): Empowering People to Discover Financial Freedom is not just BCU’s purpose, it\'s also their passion. 2022 marks the ninth year that BCU is “Here Today For Your Tomorrow,” - [Redwood Credit Union Helps Protect More than 2,700 People by Securely Shredding Documents](https://thecreditunionconnection.com/redwood-credit-union-helps-protect-more-than-2700-people-by-securely-shredding-documents/): This summer, more than 2,700 residents in Lake, Marin, Mendocino, Napa, and Sonoma counties took action to protect themselves from fraud and identity theft by bringing old financial records and other paperwork to Redwood Credit Union’s free shred-a-thons. - [1st Community Credit Union Launches Jack Henry’s Digital Platform through Partnership with MDT](https://thecreditunionconnection.com/1st-community-credit-union-launches-jack-henrys-digital-platform-through-partnership-with-mdt/): Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced that 1st Community Credit Union - [Greater New Orleans Federal Credit Union Selects Access Softek’s Digital Banking Platform to Strengthen and Expand its Digital Banking Experience](https://thecreditunionconnection.com/greater-new-orleans-federal-credit-union-selects-access-softeks-digital-banking-platform-to-strengthen-and-expand-its-digital-banking-experience/): Greater New Orleans Federal Credit Union (GNO) has chosen Access Softek’s Access Digital to provide comprehensive, omnichannel digital banking solutions to its members. GNO selected Access Digital to offer its members… - [myCUES Dashboard Launch Heralds Powerful New Era for CUES Memberships](https://thecreditunionconnection.com/mycues-dashboard-launch-heralds-powerful-new-era-for-cues-memberships/): Talent development leader CUES is pleased to roll out myCUES Dashboard, a powerful, personalized tool designed to help its members reach their professional development goals. - [Jack Henry Announces Plan for New Financial Crimes Platform](https://thecreditunionconnection.com/jack-henry-announces-plan-for-new-financial-crimes-platform/): Jack Henry™ announced today the development of Jack Henry Financial Crimes Defender™, the company\'s next-generation financial crimes platform. - [Teachers Federal Credit Union Joins Carsaver to Help Members Buy, Finance and Insure Cars Online](https://thecreditunionconnection.com/teachers-federal-credit-union-joins-carsaver-to-help-members-buy-finance-and-upgrade-cars-online/): CarSaver announced today that Teachers Federal Credit Union (Teachers) - one of the largest credit unions in the United States with $8.8 billion in assets and more than 420,000 members - has joined - [Marine Credit Union Earns Great Place to Work Certification™](https://thecreditunionconnection.com/marine-credit-union-earns-great-place-to-work-certification/): Marine Credit Union is proud to be Certified™ by Great Place to Work®. The prestigious award is based entirely on what current employees say about their experience working at Marine. This year, 81% of employees said it’s a great place to work – 14 points higher than the average U.S. company. - [Kinecta Federal Credit Union Voted South Bay\'s Best Credit Union](https://thecreditunionconnection.com/kinecta-federal-credit-union-voted-south-bays-best-credit-union/): The Daily Breeze and The Beach Reporter, hosts of the annual Reader\'s Choice South Bay\'s Best Awards, asked the community to vote for their favorite places to do business, shop and dine in the South Bay - [INDIANA MEMBERS CREDIT UNION’S RON COLLIER WINS 2022 NAFCU CEO OF THE YEAR AWARD](https://thecreditunionconnection.com/indiana-members-credit-unions-ron-collier-wins-2022-nafcu-ceo-of-the-year-award/): Ron Collier, CEO of Indiana Members Credit Union, headquartered in Indianapolis, IN, was chosen as CEO of the Year by the National Association of Federally-Insured Credit Unions (NAFCU). - [MANTL announces omnichannel deposit origination platform for credit unions](https://thecreditunionconnection.com/mantl-announces-omnichannel-deposit-origination-platform-for-credit-unions/): MANTL, a leading provider of account origination solutions, today announced its expansion into the credit union market with MANTL for Credit Unions. Custom built with the member experience in mind - [TopLine Financial Credit Union Receives Two Twin Cities 2022 “Best of Business” Reader’s Choice Awards](https://thecreditunionconnection.com/topline-financial-credit-union-receives-two-twin-cities-2022-best-of-business-readers-choice-awards/): Local member-owned financial services cooperative TopLine Financial Credit Union has been named Twin Cities Business 2022 Best of Business Reader’s Choice Poll winner in two categories: Credit Union and Mortgage Lender. - [National CUSO Aux releases findings from Q2 CU Executives Survey: Growth in a turbulent economy](https://thecreditunionconnection.com/national-cuso-aux-releases-findings-from-q2-cu-executives-survey-growth-in-a-turbulent-economy/): Back-office support and Data Analytics solution CUSO Aux is excited to reveal their findings from a Q2 national credit union executives survey about growth in a challenging economy. - [University FCU Sponsors 20th Annual Pay It Forward 9/11](https://thecreditunionconnection.com/20th-annual-pay-it-forward-911-inspires-random-acts-of-kindness-for-11-days-of-kindness-amp-unity-and-is-generously-supported-by-university-federal-credit-union/): For the 20th year, the annual Pay it Forward 9/11 campaign is encouraging individuals, companies, schools and houses of worship to unify during the 11 Days of Kindness & Unity campaign (Sept. 1-11) leading up to the anniversary of 9/11 - [Alliant Credit Union Announces New Socially Responsible Checking Account Promotion](https://thecreditunionconnection.com/alliant-credit-union-announces-new-socially-responsible-checking-account-promotion/): Alliant Credit Union (Alliant), a nationwide digital credit union and one of the largest \"challenger financial institutions,\" announced the launch of its Socially Responsible Checking Account promotion. - [Credit Unions Uncover Members’ Revolving Debt and Opportunities to Advance Margin and Mission](https://thecreditunionconnection.com/credit-unions-uncover-members-revolving-debt-and-opportunities-to-advance-margin-and-mission/): Published by Filene Research Institute, research from Nickels points to opportunities for loan growth while improving members’ financial health - [Innovative Credit Union Launches \"Income Passport\" to Help Gig, 1099 Workers Access Credit](https://thecreditunionconnection.com/innovative-credit-union-launches-income-passport-to-help-gig-1099-workers-access-credit/): Telhio Credit Union, today announced an ambitious new initiative designed to help non-standard workers access credit products and services. Developed in partnership with Steady, the effort will enable gig, 1099, and - [PSCU Expands Enhanced Fraud Services Offering](https://thecreditunionconnection.com/scu-expands-enhanced-fraud-services-offering/): PSCU has announced it is expanding its Enhanced Fraud Services offering, enabling credit unions to choose which service level option best fits their fraud and risk mitigation needs. - [NCUA Charters The Morning Star Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-the-morning-star-federal-credit-union/): The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to The Morning Star Federal Credit Union in Lame Deer, Montana. - [CUES Announces Passing of President/CEO John Pembroke](https://thecreditunionconnection.com/cues-announces-passing-of-presidentceo-john-pembroke/): It is with great sadness CUES announces the passing of its President and CEO John Pembroke on Monday, November 21 - [Big Banks Taking Big Swings – and Misses – in Minority, Underserved Markets](https://thecreditunionconnection.com/big-banks-taking-big-swings-and-misses-in-minority-underserved-markets/): Are the big banks really helping minority communities by offering 0-down mortgages in big cities with high minority populations? CDFI and other credit unions actually do the foundational work in cities and rural areas living in persistent poverty without the big splash. - [Affinity Federal Credit Union Continues its Sponsorship of Rutgers Athletics](https://thecreditunionconnection.com/affinity-federal-credit-union-continues-its-sponsorship-of-rutgers-athletics/): Affinity Federal Credit Union, the largest credit union headquartered in New Jersey, is pleased to continue their sponsorship of Rutgers Athletics. With this ongoing partnership, Affinity continues its mission of serving its members and their surrounding communities. - [Mom, I Do Not Want War](https://thecreditunionconnection.com/mom-i-do-not-want-war/): An exhibition of Ukrainian children\'s drawings depicting the horrors of the Russian aggression and historical drawings of Polish children traumatized by World War II, was officially unveiled on Thursday, November 17 at the headquarters of the Polish & Slavic Federal Credit Union - [People an Important Factor in Arcadia CU\'s Move to Tyfone](https://thecreditunionconnection.com/people-an-important-factor-in-arcadia-cus-move-to-tyfone/): Today a feature-rich platform and modern, compelling UX are table stakes for digital banking providers. Culture has become Tyfone\'s ace in the hole - [SESLOC Federal Credit Union Chooses Lumin Digital as Enhanced Digital Banking Services Partner](https://thecreditunionconnection.com/sesloc-federal-credit-union-chooses-lumin-digital-as-enhanced-digital-banking-services-partner/): Lumin Digital announced today that California-based SESLOC Federal Credit Union has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform - [Open Lending Research Exposes Opportunity for Automobile Lenders](https://thecreditunionconnection.com/open-lending-research-exposes-opportunity-for-automobile-lenders/): Open Lending Corporation an industry trailblazer in lending enablement and analytics solutions for financial institutions, has completed a survey on vehicle accessibility and consumer perception in the U.S - [FirstClose\'s Digital Home Equity Solution is Now Integrated with MeridianLink](https://thecreditunionconnection.com/firstcloses-digital-home-equity-solution-is-now-integrated-with-meridianlink/): FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that its end-to-end digital home equity origination solution, FirstClose ONE™ Equity, is now integrated with the MeridianLink® One platform. - [Auto Financial Group Signs Agreement with CU*Answers](https://thecreditunionconnection.com/auto-financial-group-signs-agreement-with-cuanswers/): Auto Financial Group (AFG) announced today that CU*Answers, a Credit Union Service Organization (CUSO) and a cooperative corporation - [Statesman Capitol 10K Names Greater Texas Credit Union Official Financial Partner](https://thecreditunionconnection.com/statesman-capitol-10k-names-greater-texas-credit-union-official-financial-partner/): Greater Texas Credit Union has joined the ranks of high level sponsors of the 46th annual Statesman Capitol 10,000, the largest 10k in Texas and sixth largest in the country - [First West Credit Union Expands Relationship with Fiserv to Bring Clover to More Small Businesses Across British Columbia](https://thecreditunionconnection.com/first-west-credit-union-expands-relationship-with-fiserv-to-bring-clover-to-more-small-businesses-across-british-columbia/): First West Credit Union (FWCU), a British Columbia-based credit union with $16.9 billion in total assets under administration, and Fiserv, a leading global provider of payments and financial services technology solutions - [NCUA Chairman Harper Testifies on State of the Credit Union Industry at Senate Hearing](https://thecreditunionconnection.com/ncua-chairman-harper-testifies-on-state-of-the-credit-union-industry-at-senate-hearing/): NCUA Chairman Todd M. Harper, along with other financial regulatory agency principals, testified today at a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. - [Velocity Credit Union and TopLine Financial Credit Union Choose Ignite Sales to Drive Growth Through Meaningful Conversations with Members](https://thecreditunionconnection.com/velocity-credit-union-and-topline-financial-credit-union-choose-ignite-sales-to-drive-growth-through-meaningful-conversations-with-members/): Ignite Sales, Inc., announced two new credit union customers: Velocity Credit Union in Austin, Texas; and TopLine Financial Credit Union, serving Minnesota’s Twin Cities. - [All In Credit Union Selects Empower, Black Knight\'s Loan Origination System, to Drive New Efficiencies, Retain Employees in Low-Volume Market](https://thecreditunionconnection.com/all-in-credit-union-selects-empower-black-knights-loan-origination-system-to-drive-new-efficiencies-retain-employees-in-low-volume-market/): Black Knight, Inc. announced that All In Credit Union has signed a contract to implement Empower, Black Knight\'s loan origination system (LOS). The credit union selected the Empower LOS because of its powerful automation and - [FINBOA and Alkami Partner to Provide Process Automation for Regulatory Compliance](https://thecreditunionconnection.com/finboa-and-alkami-partner-to-provide-process-automation-for-regulatory-compliance/): FINBOA, Inc., a leading innovator in intelligent process automation for regulatory compliance in financial institutions, announces a strategic partnership with Alkami Technology, Inc. (\"Alkami\") to deliver FINBOA\'s payment dispute management software to Alkami clients. - [Mahalo Banking Names Ken Kondo Chief Innovation Officer to Expand Digital Strategies](https://thecreditunionconnection.com/mahalo-banking-names-ken-kondo-chief-innovation-officer-to-expand-digital-strategies/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced that Ken Kondo, former Vice President of Software Development, has been promoted to Chief Innovation Officer - [Maine Credit Unions’ Holiday Meals for Mainers Initiative Returning for Second Year](https://thecreditunionconnection.com/maine-credit-unions-holiday-meals-for-mainers-initiative-returning-for-second-year/): Maine Credit Unions’ Campaign for Ending Hunger is pleased to announce it will be coordinating its second annual Holiday Meals for Mainers fundraiser. Throughout the months of November and December - [Members Heritage Credit Union Implements Access Digital from Access Softek to Modernize their Digital Banking Platform and Improve Security](https://thecreditunionconnection.com/members-heritage-credit-union-implements-access-digital-from-access-softek-to-modernize-their-digital-banking-platform-and-improve-security/): Members Heritage Credit Union has selected Access Softek, an innovative digital banking platform provider, to modernize and significantly improve their mobile and online banking channels. - [NCUA Charters New York Episcopal Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-new-york-episcopal-federal-credit-union/): The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to New York Episcopal Federal Credit Union in the Bronx, New York. - [BECU Announces Beverly Anderson as Next President and Chief Executive Officer](https://thecreditunionconnection.com/becu-announces-beverly-anderson-as-next-president-and-chief-executive-officer/): BECU, the country’s largest community credit union with over 1.3 million members and $30.2 billion in assets, today announced the selection of Beverly Anderson as its next president and chief executive officer (CEO). - [How Credit Unions Can Help Members Fight Child ID Fraud, from Javelin](https://thecreditunionconnection.com/how-credit-unions-can-help-members-fight-child-id-fraud-from-javelin/): Javelin research found that minors are being hit for increasing dollar amounts in ID theft, and the time and cost to resolve the resulting fraud has increase, too. Credit unions can help protect families… - [Expanding Financial Inclusion: Regions Bank Announces ATM Agreement with Community Development Financial Institutions](https://thecreditunionconnection.com/expanding-financial-inclusion-regions-bank-announces-atm-agreement-with-community-development-financial-institutions/): Regions Bank on Thursday announced a collaborative agreement with seven Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to enable people who bank with - [AltaOne Federal Credit Union CEO, Stephanie Sievers, named one of American Banker\'s Most Powerful Women in Credit Unions](https://thecreditunionconnection.com/altaone-federal-credit-union-ceo-stephanie-sievers-named-one-ofamerican-bankers-most-powerful-women-in-credit-unions/): AltaOne Federal Credit Union\'s (AltaOne) CEO Stephanie Sievers has been named to the Most Powerful Women in Credit Unions listing by American Banker. - [What’s The Big Deal About Branding Anyway?](https://thecreditunionconnection.com/credit-union-branding-marketing/): What is the difference between branding and marketing? Need-to-know information for credit unions to better understand how they can connect with their communities! - [Access Softek Adds Four Credit Unions to Industry-Leading Digital Banking Enterprise Platform to Optimize Member Experience](https://thecreditunionconnection.com/access-softek-adds-four-credit-unions-to-industry-leading-digital-banking-enterprise-platform-to-optimize-member-experience/): Four credit unions have selected Access Digital, the advanced enterprise suite of omnichannel digital banking solutions from Access Softek to optimize their member experience for online channels. - [BluPeak Credit Union Selects Empower LOS to Support Growth in Tight Originations Market and Help Elevate Member Experience](https://thecreditunionconnection.com/blupeak-credit-union-selects-empower-los-to-support-growth-in-tight-originations-market-and-help-elevate-member-experience/): Black Knight, Inc. announced today that BluPeak Credit Union, a San Diego-based credit union with nearly 60,000 members and more than $1.2 billion in assets - [TEACHERS FEDERAL CREDIT UNION RAISES OVER $105,000 FOR AMERICAN CANCER SOCIETY MAKING STRIDES AGAINST BREAST CANCER](https://thecreditunionconnection.com/teachers-federal-credit-union-raises-over-105000-for-american-cancer-society-making-strides-against-breast-cancer/): Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.2 billion assets and more than 420,000 members, raised more than $105,000 as the first-ever presenting sponsor for the American Cancer Society Making Strides of Long Island Walk. - [Coastal Credit Union Featured in Opportunity Knock$ TV Series](https://thecreditunionconnection.com/coastal-credit-union-featured-in-opportunity-knock-tv-series/): Coastal Credit Union is appearing in a new TV series called Opportunity Knock$. The show follows six families nationwide working through a variety of financial hurdles, featuring relatable heroes to show viewers at - [Organizers of what will be Minnesota’s first Black-Led Community Credit Union conducted their “official” organizers meeting](https://thecreditunionconnection.com/organizers-of-what-will-be-minnesotas-first-black-led-community-credit-union-conducted-their-official-organizers-meeting/): The Association for Black Economic Power (ABEP), along with the Minnesota Credit Union Network (MnCUN) hosted the official Arise Community Credit Union Organization Meeting. - [U.S. Eagle and Nick Kapnison offer free meals to Honor Those Who Serve](https://thecreditunionconnection.com/us-eagle-and-nick-kapnison-offer-free-meals-to-honor-those-who-serve/): U.S. Eagle Federal Credit Union has partnered with Nick Kapnison to honor those who serve our country and our community. All active military, veterans, and first responders receive a free meal this Veterans Day - [American-Statesman Deems Greater Texas Credit Union a Top Workplace in Austin](https://thecreditunionconnection.com/american-statesman-deems-greater-texas-credit-union-a-top-workplace-in-austin/): Ken Gardner (AVP, HR), Howard Baker (President & CEO); Molly Daniels (SVP - Chief HR Officer); and Angelica Fierro (Senior HR Generalist) accepted the Top Workplace Award from the Austin American-Statesman. - [Kinecta Federal Credit Union Honored by The California and Nevada Credit Union Leagues](https://thecreditunionconnection.com/kinecta-federal-credit-union-honored-by-the-california-and-nevada-credit-union-leagues/): Kinecta Federal Credit Union was honored with the Social Impact Award. Kinecta won this honor through The California and Nevada Credit Union Leagues, and was presented with the award at the 48th annual League Awards during - [Finalytics.ai Releases 2023 Report on Digital Experience at Top 100 Credit Unions](https://thecreditunionconnection.com/finalyticsai-releases-2023-report-on-digital-experience-at-top-100-credit-unions/): Finalytics.ai powers segment-of-one digital experiences for community financial institutions. The company published today its fifth annual report on the digital experiences offered by the 100 largest credit unions - [NCUA Vice Chairman Hosts “Blockchain Helping Main Street” Panel at DEI & ACCESS Summit](https://thecreditunionconnection.com/ncua-vice-chairman-hosts-blockchain-helping-main-street-panel-at-dei-amp-access-summit/): At the National Credit Union Administration’s 2022 DEI & ACCESS Summit, Vice Chairman Kyle S. Hauptman hosted a panel that explored how blockchain technologies can benefit underserved and unserved consumers. - [DC, Maryland & Virginia Credit Unions Have Raised Over $1.6 Million Toward $3 Million Children’s National Fundraising Goal](https://thecreditunionconnection.com/dc-maryland-amp-virginia-credit-unions-have-raised-over-16-million-toward-3-million-childrens-national-fundraising-goal/): Regional credit unions have passed the halfway mark toward their seven-year commitment to raise $3 million for Children’s National Medical Center. - [Zest AI Aligns with MD|DC Credit Union Association for Faster, Fairer Underwriting Decisioning](https://thecreditunionconnection.com/zest-ai-aligns-with-mddc-credit-union-association-for-faster-fairer-underwriting-decisioning/): The Maryland and DC Credit Union Association, is excited to announce their strategic partnership with Zest AI, the leader in expanding access to credit through better scoring and - [SELCO Community Credit Union Launches Lumin Digital\'s Cloud-Native Digital Platform](https://thecreditunionconnection.com/selco-community-credit-union-launches-lumin-digitals-cloud-native-digital-platform/): Lumin Digital announced today that SELCO Community Credit Union (SELCO) has launched Lumin\'s cloud-based online and mobile digital banking platform for its more than 150,000 members. - [NCUA’s Hood: Addressing Inequality is An Urgent Priority](https://thecreditunionconnection.com/ncuas-hood-addressing-inequality-is-an-urgent-priority/): Rodney E. Hood said today that as federally insured credit unions embrace diversity and inclusion, they should go further and bridge society’s divides to better serve their members and communities and foster greater financial inclusion. - [Zest AI Secures Growth Capital from Fintech Investors, Strategic Partners, and Customers to Advance the Next Generation of AI-Automated Underwriting](https://thecreditunionconnection.com/zest-ai-secures-growth-capital-from-fintech-investors-strategic-partners-and-customers-to-advance-the-next-generation-of-ai-automated-underwriting/): Zest AI announced today that the company has raised over $50 million in a new growth round. The round was co-led by existing global software investor Insight Partners and new investor CMFG Ventures, with participation from - [Alkami Announces Keynote Lineup for Co:lab 2023](https://thecreditunionconnection.com/alkami-announces-keynote-lineup-for-colab-2023/): Alkami Technology, Inc. announced the keynote speakers for its annual conference, Alkami Co:lab 2023, being held in Grapevine, TX, April 3-5, 2023. The event is known for bringing together the best minds in the industry - [Financial Plus Credit Union Partners with White Clay to Optimize Member Data](https://thecreditunionconnection.com/financial-plus-credit-union-partners-with-white-clay-to-optimize-member-data/): White Clay, a revenue improvement company, announced today that Financial Plus Credit Union plans to leverage the company’s householding solution to gain greater visibility into member relationships. - [Actors Federal Credit Union Announces Move to Modern Tech Stack Powered by Nymbus](https://thecreditunionconnection.com/actors-federal-credit-union-announces-move-to-modern-tech-stack-powered-by-nymbus/): NYMBUS® has announced a partnership with Actors Federal Credit Union to modernize its member experience with a full suite of services that includes - [NCUA Releases 2021 Credit Union Diversity Self-Assessment Results](https://thecreditunionconnection.com/ncua-releases-2021-credit-union-diversity-self-assessment-results/): he National Credit Union Administration today released the results(opens new window) of the 2021 Credit Union Diversity Self-Assessment (CUDSA). - [Heartland Credit Union Greatly Expands Partnership With Co-op Following Thorough Market Search](https://thecreditunionconnection.com/heartland-credit-union-greatly-expands-partnership-with-co-op-following-thorough-market-search/): Heartland Credit Union has elected to greatly expand its partnership with Co-op Solutions, adding Debit and Full-Service Credit processing as well as ATM terminal driving to its existing participation in the nationwide Co-op ATM network. - [Affinity Federal Credit Union Names Kevin Brauer as Its New CEO](https://thecreditunionconnection.com/affinity-federal-credit-union-names-kevin-brauer-as-its-new-ceo/): Affinity Federal Credit Union (Affinity), a member-based, federally insured, full-service financial institution, has appointed Kevin Brauer as its new Chief Executive Officer (CEO)/President. - [Setting Your Sights on New Horizons](https://thecreditunionconnection.com/settling-your-sights-on-new-horizons/): Credit unions are known for taking care of their members by delivering a personalized approach. It’s why many people choose credit unions over other lending institutions. - [ORNL FCU Distributes $5 Million Special Dividend to its Members, Pays Off Auto Loan Balances of 10 Members](https://thecreditunionconnection.com/ornl-fcu-distributes-5-million-special-dividend-to-its-members-pays-off-auto-loan-balances-of-10-members/): In September, the ORNL Federal Credit Union (ORNL FCU) Board of Directors approved a $5 million special dividend to be shared across the membership. This was the fifth consecutive year - [ORIGENCE DELIVERS A RECORD $62.1 BILLION IN CREDIT UNION LOANS THROUGH THE THIRD QUARTER OF 2022](https://thecreditunionconnection.com/origence-delivers-a-record-621-billion-in-credit-union-loans-through-the-third-quarter-of-2022/): Origence, for the third consecutive quarter in 2022, and for the 4th straight quarter overall, has delivered a record amount in credit union loans through its lending platforms. - [Employees FCU Signs with Sharetec Core Solution](https://thecreditunionconnection.com/employees-fcu-signs-with-sharetec-core-solution/): Sharetec System is pleased to announce Employees Federal Credit Union in Tulsa, OK, has partnered with Sharetec to be their next core solution. - [Safe Harbor Financial and Partner Colorado Credit Union Agree to Deferral of Scheduled Cash Payments](https://thecreditunionconnection.com/safe-harbor-financial-and-partner-colorado-credit-union-agree-to-deferral-of-scheduled-cash-payments/): SHF Holdings, Inc., a leader in facilitating financial services to the regulated cannabis industry, announced today that Partner Colorado Credit Union (PCCU) has agreed to allow the Company to defer its initial cash payments to PCCU, for a period of six months. - [Pocketnest Partners with Community Financial Credit Union](https://thecreditunionconnection.com/pocketnest-partners-with-community-financial-credit-union/): Pocketnest, the female-founded financial wellness platform, today announces its newest financial institution partner, Community Financial Credit Union (CFCU) of Michigan. - [ampliFI Loyalty Solutions Expands Real-Time Rewards Suite With the Addition of Checkout With Points](https://thecreditunionconnection.com/amplifi-loyalty-solutions-expands-real-time-rewards-suite-with-the-addition-of-checkout-with-points/): Financial institution cardholder loyalty and engagement leader ampliFI Loyalty Solutions continues to innovate cardholder engagement, expanding its real-time rewards suite to include the launch of an innovative new real-time program, Checkout With Points. - [Credit Union Member Farmers in Ukraine Receive Free Fuel Through Worldwide Foundation for Credit Unions’ Program](https://thecreditunionconnection.com/credit-union-member-farmers-in-ukraine-receive-free-fuel-through-worldwide-foundation-for-credit-unions-program/): Credit Union Anisia CEO (left) presenting fuel coupons to a member farmer - [Commonwealth Credit Union Partners with Upstart for Personal Lending](https://thecreditunionconnection.com/commonwealth-credit-union-partners-with-upstart-for-personal-lending/): Commonwealth Credit Union, a leading credit union with more than 117,000 members in Central Kentucky and the Louisville Metro Area, announced that it has partnered with Upstart to provide personal loans to more Kentuckians. - [BayPort Donates $10,000 to the Salvation Army Florida as Hurricane Ian Relief Continues](https://thecreditunionconnection.com/bayport-donates-10000-to-the-salvation-army-florida-as-hurricane-ian-relief-continues/): BayPort Credit Union today announced it is donating $10,000 to the Salvation Army Florida to support its hurricane relief fund. One hundred percent of designated disaster donations go to direct services for survivors and first responders. - [FORUM Credit Union Wins First Place Second Year in a Row for Adult Financial Literacy Award](https://thecreditunionconnection.com/forum-credit-union-wins-first-place-second-year-in-a-row-for-adult-financial-literacy-award/): FORUM Credit Union is proud to announce winning first place for the second year in a row for the Alphonse Desjardins Adult Award in the $1 Billion+ asset size category in the Indiana statewide competition. CUNA - [U.S. Consumers Prefer Seamless and Fully Integrated Payment Experiences, New Entrust Survey Reveals](https://thecreditunionconnection.com/us-consumers-prefer-seamless-and-fully-integrated-payment-experiences-new-entrust-survey-reveals/): The culmination of decades of payment and banking innovation is driving a revolution in consumer behavior. Seamless self-service capabilities, flexible payment options, and accelerated e-commerce checkout are - [TopLine Financial Credit Union Wins Statewide Awards For Financial Education Efforts and Member Service Initiatives](https://thecreditunionconnection.com/topline-financial-credit-union-wins-statewide-awards-for-financial-education-efforts-and-member-service-initiatives/): TopLine Financial Credit Union was named a winner of both the Youth and Adult Desjardins Financial Education Awards and the Louise Herring Philosophy-in-Action Member Service Award - [Co-op Developer Portal Adds Developer-friendly SDKs, Drop-in UIs to Extensive Library of APIs](https://thecreditunionconnection.com/co-op-developer-portal-adds-developer-friendly-sdks-drop-in-uis-to-extensive-library-of-apis/): In-house software and app development teams will now have access to a larger set of technologies when using the Co-op Developer Portal for fintech integrations. With the addition of software development kit (SDK) and drop-in user - [Carolina Foothills Federal Credit Union Selects Mahalo Banking to Modernize Digital Platform](https://thecreditunionconnection.com/carolina-foothills-federal-credit-union-selects-mahalo-banking-to-modernize-digital-platform/): Carolina Foothills Federal Credit Union (Carolina Foothills) has selected Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, to optimize its digital banking presence and - [NCUA Board Approves Risk Appetite Statement; Briefed on Central Liquidity Facility and Cybersecurity](https://thecreditunionconnection.com/ncua-board-approves-risk-appetite-statement-briefed-on-central-liquidity-facility-and-cybersecurity/): The National Credit Union Administration Board held its ninth open meeting—and second in person—of 2022, and approved the agency’s Enterprise Risk Appetite Statement - [Jack Henry\'s Credit Union Community Participates in CU Build\'s Annual Event](https://thecreditunionconnection.com/jack-henrys-credit-union-community-participates-in-cu-builds-annual-event/): In honor of its credit union customers on International Credit Union Day, Jack Henry™ takes a look back at a recent event focused on the credit union industry. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se-mgn6j/): Check out new hires, promotions, board appointments and awards. - [Elan Donates $75,000 to Celebrate Credit Union Day](https://thecreditunionconnection.com/elan-donates-75000-to-celebrate-credit-union-day/): To celebrate the commitment of credit unions to their members and communities, Elan selected five of its credit union partners to designate a charity in their community to receive a $15,000 donation on the credit union’s behalf. - [Tyfone Upgrade Part of a Multi-Year Strategy for Nordstrom FCU](https://thecreditunionconnection.com/tyfone-upgrade-part-of-a-multi-year-strategy-for-nordstrom-fcu/): With just one branch in Seattle that\'s open one day per week, Nordstrom Federal Credit Union, a $63 million, single-sponsor credit union that serves employees and family members of the Nordstrom department store chain - [America First Credit Union Affords More Members Access to Vehicle Ownership](https://thecreditunionconnection.com/america-first-credit-union-affords-more-members-access-to-vehicle-ownership/): Open Lending Corporation announced it is partnering with one of the nation’s largest credit unions, America First Credit Union (AFCU). AFCU will now offer indirect lending services through Open Lending’s Lenders Protection™ program, - [Mazuma Credit Union Moves Wealth Management Program to Ameriprise Financial for Enhanced Technology and Solutions](https://thecreditunionconnection.com/mazuma-credit-union-moves-wealth-management-program-to-ameriprise-financial-for-enhanced-technology-and-solutions/): Mazuma Credit Union, which operates 12 locations in Missouri and Kansas and oversees nearly $900 million in assets, has transitioned its wealth management program to Ameriprise Financial, Inc - [Why the Federal Reserve System Should Be Abolished](https://thecreditunionconnection.com/why-the-federal-reserve-system-should-be-abolished-fy7hw/): The actions of the Federal Reserve and Federal Open Market Committee affects everything from how the economy is performing to stock and bond mutual funds to loan rates, and subsequently everything from property values to employment. - [Cash Is King In Politics: How Credit Unions Can Raise More](https://thecreditunionconnection.com/cash-is-king-in-politics-how-credit-unions-can-raise-more/): By John Cooke Credit unions are engaged with members of both political parties as they should be. NAFCU, CUNA and others are engaged on a near daily basis at the federal level. They do a very good job of looking out for credit unions. In politics, cash is king though. If you don’t believe that to be totally true, listen to this story: Way back when I did some photojournalism, I was with a group of credit union leaders making Hill visits. We were in a congressman’s office, and I was shooting the meeting. They were talking to the congressman […] - [Credit Union 1 Partners with Total Expert to Surface New Opportunities and Grow Lending Practice](https://thecreditunionconnection.com/credit-union-1-partners-with-total-expert-to-surface-new-opportunities-and-grow-lending-practice/): Credit Union 1 – a leading financial institution with branches across Illinois, Indiana, and Nevada, and serving members nationwide – has announced a new partnership with Total Expert to pair with the company’s CRM and - [Daon and CU*Answers Bring Remote Identity Proofing and Authentication to Over 350 Credit Unions](https://thecreditunionconnection.com/daon-and-cuanswers-bring-remote-identity-proofing-and-authentication-to-over-350-credit-unions/): Daon, the Digital Identity Trust company, and CU*Answers, the cooperative Credit Union Service Organization (CUSO) headquartered in Grand Rapids, Michigan, today announced they are providing digital identity proofing, authentication, and - [Christian Community Credit Union Partners with DoubleCheck Solutions to Prevent Members with Insufficient Funds from Bouncing Payments](https://thecreditunionconnection.com/christian-community-credit-union-partners-with-doublecheck-solutions-to-prevent-members-with-insufficient-funds-from-bouncing-payments/): Christian Community Credit Union (CCCU) is partnering with DoubleCheck Solutions, and for the first time their members will have the ability to stop payments with non-sufficient funds (NSF) from being declined automatically, - [Maine Credit Union League Endorses Jared Golden for Congress](https://thecreditunionconnection.com/maine-credit-union-league-endorses-jared-golden-for-congress/): The Maine Credit Union League has formally endorsed U.S. Representative Jared Golden (D), who is running for re-election in Maine’s second congressional district. - [Vericast Connects Business to Human in New Podcast](https://thecreditunionconnection.com/vericast-connects-business-to-human-in-new-podcast/): Vericast today launched Business to Human, a podcast series dedicated to spotlighting breakthrough marketing strategies that successfully connect brands with consumers. - [The Tortoise and the Hare Are Both Wrong](https://thecreditunionconnection.com/credit-union-strategy-fast-and-steady/): Credit unions will find fast & steady wins the race for the future. - [Personetics’ ‘Banking on Innovation’ podcast brings valuable perspectives from the industry leaders who are driving customer-centric innovation in financial services](https://thecreditunionconnection.com/personetics-banking-on-innovation-podcast-brings-valuable-perspectives-from-the-industry-leaders-who-are-driving-customer-centric-innovation-in-financial-services/): Personetics, the leading global provider of financial data-driven personalization and customer engagement solutions for banks and financial services providers, - [Skyla Credit Union Unveiled as the New Name for Charlotte Metro Credit Union and Premier Federal Credit Union](https://thecreditunionconnection.com/skyla-credit-union-unveiled-as-the-new-name-for-charlotte-metro-credit-union-and-premier-federal-credit-union/): Charlotte Metro Federal Credit Union (CMCU), a full-service, not-for-profit financial institution headquartered in Charlotte, today announced Skyla Credit Union as the new name for the institution - [Bethpage Federal Credit Union Sees Boom in Real-Time Payments](https://thecreditunionconnection.com/bethpage-federal-credit-union-sees-boom-in-real-time-payments/): As demand increases, financial institutions that offer real-time payment capabilities are seeing growing transaction volumes. After connecting to the RTP® network from The Clearing House via NOW® Gateway from Fiserv, Inc. - [Advantis Credit Union Leans In on Payments Innovation, Renews Partnership with Co-op Solutions for Zelle, Debit and Credit Processing](https://thecreditunionconnection.com/advantis-credit-union-leans-in-on-payments-innovationrenews-partnership-with-co-op-solutions-for-zelle-debit-and-credit-processing/): One of Oregon’s largest credit unions has extended its partnership with Co-op Solutions. In addition to relying on Co-op for the processing of its growing debit and credit card portfolios - [ELGA Credit Union Goes Live on Scienaptic’s AI-Powered Credit Decisioning Platform](https://thecreditunionconnection.com/elga-credit-union-goes-live-on-scienaptics-ai-powered-credit-decisioning-platform/): Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that Michigan-based ELGA Credit Union has completed implementation - [Biz Kid$ Announces New Managing Partner](https://thecreditunionconnection.com/biz-kid-announces-new-managing-partner/): Biz Kid$ LLP recently announced the promotion of Jeannine Glista as new managing partner, along with plans for a brand revitalization. - [i2c Named “Best in Class” Credit-Card-as-a-Service Provider by Aite-Novarica](https://thecreditunionconnection.com/i2c-named-best-in-class-credit-card-as-a-service-provider-by-aite-novarica/): i2c Inc. announced that it has been named “Best in Class” provider in the Credit-Card-as-a-Service (CCaaS) category by Aite-Novarica Group, a global advisory firm providing mission-critical insights in the financial services industry. - [West Community Credit Union Wins CUNA Excellence in Operations & Member Experience Award for Increasing Member Engagement with Plinqit](https://thecreditunionconnection.com/west-community-credit-union-wins-cuna-excellence-in-operations-amp-member-experience-award-for-increasing-member-engagement-with-plinqit/): CUNA Councils named West Community Credit Union (WCCU) the winner of its Excellence in Operations & Member Experience award in the Sales and Service Management category for the credit union’s successful partnership with Plinqit, - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se/): Check out new hires, promotions, board appointments and awards. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-a8jy6/): Check out new hires, promotions, board appointments and awards. - [SchoolsFirst Federal Credit Union Chief Executive Officer Bill Cheney Honored with Prestigious Herb Wegner Memorial Award by National Credit Union Foundation](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-chief-executive-officer-bill-cheney-honored-with-prestigious-herb-wegner-memorial-award-by-national-credit-union-foundation/): SchoolsFirst Federal Credit Union, the nation’s fifth largest credit union and the largest credit union dedicated to serving school employees and their families, today announced that Chief Executive Officer Bill Cheney has been named one of four honorees of the 34th annual Herb Wegner Award - [Greater Commercial Lending Completes $25 Million in Financing for Dairy Farm Biogas Digesters and Pipeline to Produce Renewable Natural Gas](https://thecreditunionconnection.com/greater-commercial-lending-completes-25-million-in-financing-for-dairy-farm-biogas-digesters-and-pipeline-to-produce-renewable-natural-gas/): Greater Commercial Lending (GCL), which provides loans to businesses and organizations in under-served and rural communities, has completed $25 million in long-term financing to help develop and build dairy biogas digesters and a biogas pipeline - [Teachers Federal Credit Union Announces Florida Expansion](https://thecreditunionconnection.com/teachers-federal-credit-union-announces-florida-expansion/): Teachers Federal Credit Union, one of the largest credit unions in the United States with more than $9.2 billion in assets and over 420,000 members nationwide, celebrates its 70th anniversary by announcing its first out-of-state branch - [Open Lending Appoints Automotive Technology Veteran Keith A. Jezek as CEO](https://thecreditunionconnection.com/open-lending-appoints-automotive-technology-veteran-keith-a-jezek-as-ceo/): Open Lending Corporation (NASDAQ: LPRO), an industry pioneer in lending enablement and risk analysis solutions for financial institutions, announced today that Keith A. Jezek has been appointed the Company\'s new Chief Executive Officer (CEO) - [UT Federal Credit Union Partners with Lumin Digital for Enhanced Digital Banking Services](https://thecreditunionconnection.com/ut-federal-credit-union-partners-with-lumin-digital-for-enhanced-digital-banking-services/): Lumin Digital announced today that Tennessee-based UT Federal Credit Union (UTFCU) has signed a multi-year agreement for Lumin Digital\'s cloud-based online and mobile digital banking platform - [PSCU and SAFE Federal Credit Union Expand Relationship to Include Debit Processing Support](https://thecreditunionconnection.com/pscu-and-safe-federal-credit-union-expand-relationship-to-include-debit-processing-support/): PSCU has announced it will be expanding its relationship with SAFE Federal Credit Union (SAFE). - [uncommn rebrands and refocuses on digital strategic growth opportunities for credit unions](https://thecreditunionconnection.com/uncommn-rebrands-and-refocuses-on-digital-strategic-growth-opportunities-for-credit-unions/): uncommn has launched a rebrand and fresh, new website to demonstrate that it is doubling down on its mission, “to be the best credit union website design firm for innovative credit unions that seek control over their online presence.” - [Come for the cannabis (banking), stay for the CLF](https://thecreditunionconnection.com/come-for-the-cannabis-banking-stay-for-the-clf/): When the CFPB is trying to take your noninterest income and the NCUA is seeking greater vendor oversight authority, while facing down inflation and a recession… - [U.S. Experiencing “Stimulus Hangover, Not a Recession”](https://thecreditunionconnection.com/us-experiencing-stimulus-hangover-not-a-recession/): Financial Partners Credit Union hosted its 6th Annual Economic Forum on Thursday, September 29, 2022. Keynoted by renowned economist Dr. Christopher Thornberg, founder of Beacon Economics, - [Interested in learning to share your story effectively?](https://thecreditunionconnection.com/media-relations-sarah-snell-cooke/): The Mission: Influence media relations course from Cooke Consulting Solutions starts up again Oct. 13. One attendee called it a 10 out of 10! - [The Atlantic Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/the-atlantic-federal-credit-union-selects-upstart-for-personal-lending/): The Atlantic Federal Credit Union, a community-chartered credit union serving Essex and Union counties in New Jersey, today announced that it has partnered with Upstart, a leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-76atj/): Check out new hires, promotions, board appointments and awards. - [How NCUA’s Financial Innovation Proposal Could Affect Credit Unions & CUSOs](https://thecreditunionconnection.com/how-ncuas-financial-innovation-proposal-could-affect-credit-unions-amp-cusos/): Great insights from 16-year veteran CUSO attorney Brian Lauer on the positive impact he sees from NCUA’s Financial Innovation proposed rule and trends he’s seeing out of the regulators. - [Towpath Credit Union Has a New President and CEO](https://thecreditunionconnection.com/towpath-credit-union-has-a-new-president-and-ceo/): As of January 1, 2023, the board of directors at Towpath Credit Union has named Michael Sferro as the new President and CEO. - [Day Air Credit Union Launches Sync1 Systems LOS With Great Success](https://thecreditunionconnection.com/day-air-credit-union-launches-sync1-systems-los-with-great-success/): Day Air Credit Union recently went live with Sync1 Systems LOS solution to enhance its indirect lending workflow and automation - [Benson Porter Joins ASA Board of Directors](https://thecreditunionconnection.com/benson-porter-joins-asa-board-of-directors/): Former BECU CEO and President joins fintech, helping to propel collaborative banking movement - [Joan Opp of Stanford FCU Elected New Board Chairperson of Co-op Solutions](https://thecreditunionconnection.com/joan-opp-of-stanford-fcu-electednbspnew-board-chairperson-of-co-op-solutions/): Joan Opp, President/CEO of Stanford Federal Credit Union, has been elected Chairperson of the Board of Directors of Co-op Solutions, taking office on January 1 and succeeding Benson Porter, who retired last month. - [L&N FCU Selects Jack Henry to Modernize its Technology](https://thecreditunionconnection.com/lampn-fcu-selects-jack-henry-to-modernize-its-technology/): Jack Henry™ announced today that L&N Federal Credit Union has selected Jack Henry\'s Symitar platform to support its growth goals. - [Eltropy Celebrates Historic 2022, Adding 300 New Credit Union and Community Bank Customers](https://thecreditunionconnection.com/eltropy-celebrates-historic-2022-adding-300-new-credit-union-and-community-bank-customers/): Eltropy today celebrated the completion of an historic 2022—a year that included two company acquisitions, unifying the company under one brand, multiple key partnerships forged, and record-breaking customer growth—with wins that continued all the way through the final day of the year. - [InFirst Federal Credit Union donates $5,000 to two charities](https://thecreditunionconnection.com/infirst-federal-credit-union-donates-5000-to-two-charities/): InFirst Federal Credit Union donated $5,000 to two organizations that foster financial education and self-worth. - [Members Choice Credit Union Names Luke Billeri As The New CEO](https://thecreditunionconnection.com/members-choice-credit-union-names-luke-billeri-new-ceo/): Members Choice Credit Union (MCCU), a full-service financial institution based in Houston, Texas, announces that Luke Billeri has been appointed as CEO - [MDT Partners with Comply-YES!, Helping Credit Unions Strengthen Regulatory Posture](https://thecreditunionconnection.com/mdt-partners-with-comply-yes-helping-credit-unions-strengthen-regulatory-posture/): CUSOs team up to help credit unions better navigate the regulatory landscape - [Affinity Federal Credit Union Named Best High-Yield Savings by The Wall Street Journal](https://thecreditunionconnection.com/affinity-federal-credit-union-named-best-high-yield-savings-by-the-wall-street-journal/): Affinity FCU has been recognized on Buy Side from The Wall Street Journal’s Best Credit Unions List. - [SECU Foundation Grant Supports Expansion of Health and Wellness Programs for Residents of North Carolina’s High Country](https://thecreditunionconnection.com/secu-foundation-grant-supports-expansion-of-health-and-wellness-programs-for-residents-of-north-carolinas-high-country/): SECU Foundation has awarded The Health Foundation a $40,000 grant that will help build capacity and expand programs and services to improve access to healthcare and promote the well-being of residents in the North Carolina High Country region. - [Leadship Changes At Aux And InNetwork](https://thecreditunionconnection.com/leadship-changes-at-aux-and-innetwork/): Aux and InNetwork have some exciting news to share regarding their leadership. - [Open Table Receives Grant from SECU Foundation to Help Youth Aging Out of Foster Care System](https://thecreditunionconnection.com/open-table-receives-grant-from-secu-foundation-to-help-youth-aging-out-of-foster-care-system/): SECU Foundation recently provided a $40,000 grant to Open Table, a non-profit organization that supports community partners across the state to promote independence and self-sufficiency for transitional-age youth aging out of the foster care system. - [OnPoint Community Credit Union Announces Patty Groman as Chief People Officer](https://thecreditunionconnection.com/onpoint-community-credit-union-announces-patty-groman-as-chief-people-officer/): OnPoint Community Credit Union has hired people and culture expert Patty Groman, PHR, to serve as Senior Vice President and Chief People Officer. - [Mid Minnesota Federal Credit Union Hires Bob Gerads as Next President and Chief Executive Officer](https://thecreditunionconnection.com/mid-minnesota-federal-credit-union-hires-bob-gerads-as-next-president-and-chief-executive-officer/): Mid Minnesota Federal Credit Union’s Board of Directors is pleased to announce the selection of Bob Gerads as the credit union’s new President/Chief Executive Officer. - [Charles Vice Named Director, Financial Technology and Access](https://thecreditunionconnection.com/charles-vice-named-director-financial-technology-and-access/): The National Credit Union Administration named Charles Vice to be Director of Financial Technology and Access. - [Public Service Credit Union’s Project Giveback](https://thecreditunionconnection.com/public-service-credit-unions-project-giveback/): The tradition of giving back continues for Public Service Credit Union. For the past 3 years now, PSCU has sent out a survey to its members asking, what are your holiday wishes? … - [Kinecta Federal Credit Union’s Board of Directors Give $50,000 for Power and Warmth in Ukraine](https://thecreditunionconnection.com/kinecta-federal-credit-unions-board-of-directors-give-50000-for-power-and-warmth-in-ukraine/): The war in Ukraine continues, the bombings are ruthless, children are witness to atrocities, yet our attention wanes. At Mitchell, Stankovic we… - [Why Fintech Partners Are Critical for Credit Unions & How to Find the Right Ones](https://thecreditunionconnection.com/why-fintech-partners-are-critical-for-credit-unions-amp-how-to-find-the-right-ones/): How do you know which fintech partners are right for your credit union? Founder Sarah Snell Cooke sat down with Bryan Clagett of Moven to dig into this and more! - [Local credit union employees take an icy plunge for Special Olympics Alaska](https://thecreditunionconnection.com/local-credit-union-employees-take-an-icy-plunge-for-special-olympics-alaska/): Alaska USA FCU is Freezin’ For a Reason in Support of Special Olympics Alaska - [Navy Federal Credit Union Donates Over 22,000 Toys, a Record Year for its 25th Annual Marine Toys for Tots Drive](https://thecreditunionconnection.com/navy-federal-credit-union-donates-over-22000-toys-a-record-year-for-its-25th-annual-marine-toys-for-tots-drive/): Navy Federal Credit Union has partnered with the Marine Toys for Tots Foundation for 25 years spreading holiday cheer. This year, more than 330 Navy Federal branches participated as drop-off sites worldwide, setting record amounts in donations. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-a8jy6-b75t3/): Check out new hires, promotions, board appointments and awards. - [Dover FCU Names Janell Upton President/CEO](https://thecreditunionconnection.com/dover-fcu-names-janell-upton-presidentceo/): After a national search, the Board of Directors of Dover Federal Credit Union is pleased to announce the selection of Janell Upton as the credit union’s new President/Chief Executive Officer. - [First Tech Federal Credit Union Selects Access Softek’s EasyVest® to Provide Digital-First, Automated Investment Solutions to 650,000 Members](https://thecreditunionconnection.com/first-tech-federal-credit-union-selects-access-softeks-easyvest-to-provide-digital-first-automated-investment-solutions-to-650000-members/): Access Softek has partnered with First Technology Federal Credit Union to offer EasyVest, a robo-advisor designed to seamlessly integrate with any financial institution’s online and mobile banking platform. - [California Credit Union Delivers Holiday Toys & Gifts To Los Angeles Boys & Girls Club](https://thecreditunionconnection.com/california-credit-union-delivers-holiday-toys-amp-gifts-to-los-angeles-boys-amp-girls-club/): California Credit Union volunteers distribute gifts to Los Angeles Boys & Girls Club families and community members during the organization’s annual holiday event. The credit union provided over 120 new toys donated by the credit union, its employees and members during a branch drive. - [Redwood Credit Union Leaves No Secret Santa Wish Unfulfilled ](https://thecreditunionconnection.com/redwood-credit-union-leaves-no-secret-santa-wish-unfulfillednbsp/): Redwood Credit Union has stepped up to fulfil the Secret Santa wishes of 2,500 hearts that would otherwise have gone unclaimed. - [Tyndall Federal Credit Union shares $13 million in profits with its member-owners](https://thecreditunionconnection.com/tyndall-federal-credit-union-shares-13-million-in-profits-with-its-member-owners-1/): Tyndall Federal Credit Union returned 13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts. Individual amounts were calculated based on participation with the credit union and ranged from $70 to $420. Tyndall has returned more than $40 million back to its members as profit-sharing and storm aid over the last five years. 41% more people received a Tyndall profit share in 2022 versus 2021. “We’re able to deliver value year after year because we don’t waste our members’ money,” said Jim Warren, President and […] - [StroudwaterGCL Completes $58 Million in Financing for Towner County Medical Center](https://thecreditunionconnection.com/stroudwatergcl-completes-58-million-in-financing-for-towner-county-medical-center/): Government-Guaranteed Loan for North Dakota Hospital that Brings Capital to Rural Healthcare, Arranged by Partnership Between Greater Commercial Lending and Stroudwater Associates - [Navy Federal Credit Union Announces ROTC All-American Scholarship Recipients](https://thecreditunionconnection.com/navy-federal-credit-union-announces-rotc-all-american-scholarship-recipients/): Navy Federal Credit Union announced today the recipients of its ROTC All-American Scholarships. The program honors the best and brightest ROTC seniors across the nation. - [Ideal Credit Union Launches Segmint Solution on Alkami Digital Banking Platform](https://thecreditunionconnection.com/ideal-credit-union-launches-segmint-solution-on-alkami-digital-banking-platform/): Alkami Technology, Inc. today announced its client, Ideal Credit Union, has launched the Segmint data and marketing solution… - [Affinity Foundation Announces New Multi-Year Grant Partners, Committing $360,000 Over the Next Three Years](https://thecreditunionconnection.com/affinity-foundation-announces-new-multi-year-grant-partners-committing-360000-over-the-next-three-years/): The Affinity Foundation and its Board of Trustees are pleased to announce the launch of the Foundation’s new multi-year grant program. - [SavvyMoney and Alkami Celebrate an Exciting Partnership Milestone of 100 Banks and Credit Unions](https://thecreditunionconnection.com/savvymoney-and-alkami-celebrate-an-exciting-partnership-milestone-of-100-banks-and-credit-unions/): A shared commitment to promoting consumer financial wellness has powered the partnership\'s growth and success - [USALLIANCE Financial Partners with Lumin Digital for Enhanced Digital Banking Services](https://thecreditunionconnection.com/usalliance-financial-partners-with-lumin-digital-for-enhanced-digital-banking-services/): Lumin Digital has announced a new multi-year partnership with USALLIANCE Financial supporting an enhanced online-banking experience for USALLIANCE\'s members. - [We Know ‘Buy Local’ - Can We Convince Members to Spend Local?](https://thecreditunionconnection.com/we-know-buy-local-can-we-convince-members-to-spend-local/): Credit unions have seen significant increases in credit and debit card swipes at the local businesses they encourage members to patronize and the businesses are seeing… - [How a Global Credit Union to Credit Union Foundation Is Helping Ukrainian Refugees Fleeing to Poland](https://thecreditunionconnection.com/how-a-global-credit-union-to-credit-union-foundation-is-helping-ukrainian-refugees-fleeing-to-poland/): Brian Branch, the retired CEO of the World Council of Credit Unions talks about the atrocities of the Russian invasion of Ukraine, Polish credit unions\' assistance for refugees, and… - [Mountain America Credit Union to Offer Instant Home Equity With Blend](https://thecreditunionconnection.com/mountain-america-credit-union-to-offer-instant-home-equity-with-blend/): Blend announced today that Mountain America Credit Union selected its Instant Home Equity solution to provide members access to a fully digital end-to-end home equity product that dramatically cuts down loan application approval times. - [Co-op Solutions Completes 2022 With Key Achievements](https://thecreditunionconnection.com/co-op-solutions-completes-2022-with-key-achievements/): Reflecting its Role as a Leading Credit Union Partner - [Kinecta Federal Credit Union Showcases its Commitment to Kindness and Caring through Giving and Community Support](https://thecreditunionconnection.com/kinecta-federal-credit-union-showcases-its-commitment-to-kindness-and-caring-through-giving-and-community-support/): Kinecta supports families and the communities it serves through donations, volunteerism, fundraising activities, scholarships and grants - [PACU Foundation announces $18,000 in contributions during its inaugural \"Giving Tuesday\" luncheon](https://thecreditunionconnection.com/pacu-foundation-announces-18000-in-contributions-during-its-inaugural-giving-tuesday-luncheon/): During its \"Giving Tuesday\" luncheon, the PACU Foundation gifted a total of $18,000 to six charities to increase their capacity to help North Carolina residents in times of financial hardship. - [SchoolsFirst FCU, Local Government FCU Challenge Peers to Bridge the Gap to End 2022](https://thecreditunionconnection.com/schoolsfirst-fcu-local-government-fcu-challenge-peers-to-bridge-the-gap-to-end-2022/): SchoolsFirst Federal Credit Union, and Local Government Federal Credit Union, are challenging their peers in the United States to support the growth of credit unions worldwide through the work of Worldwide Foundation for Credit Unions’ Bridge the Gap Campaign. - [Advia Credit Union Hires New Chief Financial Officer, Dustin Adams](https://thecreditunionconnection.com/advia-credit-union-hires-new-chief-financial-officer-dustin-adams/): Advia Credit Union is pleased to announce the hiring of Dustin Adams as its new Chief Financial Officer. - [Securityplus Federal Credit Union Announces New Chief Information and Technology Officer](https://thecreditunionconnection.com/securityplus-federal-credit-union-announces-new-chief-information-and-technology-officer/): Ray Ragan joins the executive leadership team to provide vision and leadership to the information technology team and… - [Sunsetted Online Banking System, More Open Core Lead Southwest 66 Credit Union to Tyfone](https://thecreditunionconnection.com/sunsetted-online-banking-system-more-open-core-lead-southwest-66-credit-union-to-tyfone/): It\'s just within the last two years that the core processor for Odessa, Tex.-based Southwest 66 Credit Union created an API that would let the $100 million, 10,000-member credit union choose any digital banking platform. - [Desert Financial Credit Union Donates $235,000 to Arizona Nonprofits Through Annual Grant Program](https://thecreditunionconnection.com/desert-financial-credit-union-donates-235000-to-arizona-nonprofits-through-annual-grant-program/): Desert Financial Credit Union is contributing $235,000 to Arizona nonprofits through its annual community development grant program. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se-mgn6j-mfak2/): Check out new hires, promotions, board appointments and awards. - [LGE Community Credit Union to acquire Greater Community Bank](https://thecreditunionconnection.com/lge-community-credit-union-to-acquire-greater-community-bank/): LGE Community Credit Union has announced that it has entered into a definitive agreement to purchase Greater Community Bank…. - [Seventeen credit unions on the forefront of discovery for the industry](https://thecreditunionconnection.com/seventeen-credit-unions-on-the-forefront-of-discovery-for-the-industry/): The 17 credit unions and three system organizations that currently make up The Lab at Filene begin testing four concepts in 2023 to grow the bottom line of credit unions and create a deeper impact on credit union members. - [Alaska USA Foundation surpasses $4 million in donations to community nonprofits](https://thecreditunionconnection.com/alaska-usa-foundation-surpasses-4-million-in-donations-to-community-nonprofits/): The Alaska USA Foundation recently donated $55,000 to local nonprofits dedicated to helping children and families in need throughout the states of Alaska and Arizona. - [Coastal Credit Union Announces Murshid Khan as New Chief Information Officer](https://thecreditunionconnection.com/coastal-credit-union-announces-murshid-khan-as-new-chief-information-officer/): Coastal Credit Union announces Murshid Khan as its new Chief Information Officer, effective Dec. 1. - [Nation’s Oldest Free-Standing African American Cultural Center in Buncombe County Receives $40,000 SECU Foundation Grant to Advance Mission](https://thecreditunionconnection.com/nations-oldest-free-standing-african-american-cultural-center-in-buncombe-county-receives-40000-secu-foundation-grant-to-advance-mission/): SECU Foundation has provided a $40,000 grant to the YMI Cultural Center in Asheville to help expand support and programming. - [PSCU Announces Annual Dividend for Fiscal Year 2022](https://thecreditunionconnection.com/pscu-announces-annual-dividend-for-fiscal-year-2022/): PSCU has announced its annual patronage dividend for the 2022 fiscal year of $16.1 million, with 30% being distributed in cash. As part of its commitment to helping Owner credit unions succeed and prosper, PSCU’s total cash distribution to Owners this year is $14.9 million, - [North Island Credit Union Delivers Holiday Toys & Gifts To Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-delivers-holiday-toys-amp-gifts-to-boys-amp-girls-clubs-of-greater-san-diego/): North Island Credit Union volunteers assemble and wrap holiday gifts for Boys & Girls Clubs of Greater San Diego Club kids. - [$500,000 ACT Grant Awarded to Fund New Virginia Beach City Public Schools Renewable Energy Technologies Program](https://thecreditunionconnection.com/500000-act-grant-awarded-to-fund-new-virginia-beach-city-public-schools-renewable-energy-technologies-program/): BayPort Credit Union and HII\'s Newport News Shipbuilding division announced today the awarding of the $500,000 Accelerating Change Together 8Grant to the Virginia Beach Education Foundation. - [CARDINAL CREDIT UNION RANKED 2ND NATIONALLY IN AWARD FROM CREDIT UNION NATIONAL ASSOCIATION](https://thecreditunionconnection.com/cardinal-credit-union-ranked-2nd-nationally-in-award-from-credit-union-national-association/): Cardinal Credit Union announced today it has been recognized by the Credit Union National Association (CUNA) with the second overall national ranking for the 2022 Desjardins Youth Award in the category of $250MM to $1B - [University Credit Union Partners with ASA to Empower Members with Greater Choice and Control](https://thecreditunionconnection.com/university-credit-union-partners-with-asa-to-empower-members-with-greater-choice-and-control/): ASA is an embedded fintech solution that connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. - [Cryptos, Blockchain and Credit Unions](https://thecreditunionconnection.com/cryptos-blockchain-and-credit-unions/): When I first started working (a couple years ago, lol), there was no direct deposit of paychecks let alone crypto… Fast forward to today… - [McDonald Launches Podcast for All the Accidental Leaders](https://thecreditunionconnection.com/mcdonald-launches-podcast-for-all-the-accidental-leaders/): Your Marketing Co. CEO walks through stories of failure and growth - [LoanStreet Launches Performance Analytics for Loan Participations](https://thecreditunionconnection.com/loanstreet-launches-performance-analytics-for-loan-participations/): LoanStreet Inc. is pleased to announce the launch of Performance Analytics for loan participations. - [Tyndall Federal Credit Union shares $13 million in profits with its member-owners](https://thecreditunionconnection.com/tyndall-federal-credit-union-shares-13-million-in-profits-with-its-member-owners/): Tyndall Federal Credit Union returned $13.7 million of profits back to its members. The payout was given to more than 70,000 qualifying members and deposited directly into their savings accounts - [Community Financial Institutions are Moving Towards Hyper-Personalization in 2023](https://thecreditunionconnection.com/active-credit-unions-cdfi-certified-with-cu-strategic-planning/): Finalytics.ai powers segment of one digital experiences for community financial institutions. The company predicts that in 2023, more community financial institutions will invest in their digital capabilities to - [3 Credit Unions Implement Bankjoy’s Business Banking Platform](https://thecreditunionconnection.com/3-credit-unions-implement-bankjoys-business-banking-platform/): Bankjoy, a digital banking provider, announced that three credit unions have expanded their relationship with Bankjoy and implemented its business banking platform to provide their business members with a best-in-class digital banking experience. - [Kinecta Federal Credit Union Recognized by the 2022 Rochester Choice Awards](https://thecreditunionconnection.com/kinecta-federal-credit-union-recognized-by-the-2022-rochester-choice-awards/): The Democrat & Chronicle, hosts of the annual Rochester Choice Awards, asked the Rochester community to vote for the best businesses and organizations in the area. Kinecta Federal Credit Union was selected as a finalist for Best Credit Union - [OnPoint Community Credit Union Named One of Oregon\'s Most Admired Financial Services Companies in 2022](https://thecreditunionconnection.com/onpoint-community-credit-union-named-one-of-oregons-most-admired-financial-services-companies-in-2022/): OnPoint leadership team attending the 2022 PBJ Most Admired awards. From left to right: Tory McVay, SVP/Chief Retail Officer, OnPoint, Wendy Beth Oliver, SVP/Chief Legal Officer, OnPoint, Cirith Anderson, SVP/Chief Risk Officer, OnPoint, Andrew Emerson, Vice President/Mortgage, OnPoint, Jim Armstrong, SVP/Chief Information Officer, OnPoint, Jim Hunt, SVP/Chief Financial Officer, OnPoint, Steve Leugers, SVP/Chief Credit Officer, OnPoint and Tim Clevenger, SVP/Chief Marketing Officer, OnPoint. - [AM Best Affirms Credit Ratings of Subsidiaries of CUNA Mutual Holding Company](https://thecreditunionconnection.com/am-best-affirms-credit-ratings-of-subsidiaries-of-cuna-mutual-holding-company/): AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company - [QuantyPhi Introduces Enhanced Mortgage Servicing Rights Valuation for Credit Unions](https://thecreditunionconnection.com/quantyphi-introduces-enhanced-mortgage-servicing-rights-valuation-for-credit-unions/): QuantyPhi recently announced an enhanced Mortgage Servicing Rights (MSR) valuation model offering - [Lumin Digital Wins Silver in 12th Annual Best in Biz Awards](https://thecreditunionconnection.com/lumin-digital-wins-silver-in-12th-annual-best-in-biz-awards/): Lumin Digital has been named a silver winner in the Company of the Year – Business to Business category in this year\'s Best in Biz Awards - [Unifimoney and Gemini Collaborate to Enable Credit Unions to Trade in Over 80 Cryptocurrencies](https://thecreditunionconnection.com/unifimoney-and-gemini-enable-credit-unions-to-trade-in-over-80-cryptocurrencies/): Unifimoney Inc. (“Unifimoney”) announced a collaboration with Gemini Trust Company (“Gemini”) that enables Credit Unions and Community Banks to trade over 80 cryptocurrencies. The offering is provided through Unifimoney’s turnkey crypto and digital wealth management platform, with Gemini providing - [Wescom Financial Services Announces Transition of Broker-Dealer Services to CUSO Financial Services](https://thecreditunionconnection.com/wescom-financial-services-announces-transition-of-broker-dealer-services-to-cuso-financial-services/): CUSO Financial Services, L.P. (CFS), a subsidiary of Atria Wealth Solutions, and Wescom Credit Union (Wescom) announced today that Wescom Financial Services (WFS) will transition its broker-dealer services to CFS - [Affinity Plus to Collect ‘Coins for a Cause’ to Benefit Minnesota Food Banks](https://thecreditunionconnection.com/affinity-plus-to-collect-coins-for-a-cause-to-benefit-minnesota-food-banks/): Affinity Plus Federal Credit Union will collect loose change in its “Coins for a Cause” initiative to support hunger relief efforts across Minnesota - [InterLutions CUSO Helps Small Credit Unions Deliver Competitive Employee Health Plans; Launches Insurance Agency](https://thecreditunionconnection.com/interlutions-cuso-helps-small-credit-unions-deliver-competitive-employee-health-plans-launches-insurance-agency/): InterLutions, a CUSO specializing in employee benefit solutions, recently launched a comprehensive employee benefits plan for small credit unions called the I-Care Health Plan… - [American Credit Union Mortgage Association Announces Open Registration for 2023 ACUMA Workshops](https://thecreditunionconnection.com/american-credit-union-mortgage-association-announces-open-registration-for-2023-acuma-workshops/): It’s time to start planning your professional development for 2023, and foremost among the many educational opportunities should be your attendance at one of the 2023 FOCALpoint Workshops… - [United Federal Credit Union Donates $29,000 During Giving Tuesday](https://thecreditunionconnection.com/nd60xhn1xox3zflz13mxbgev9wvpju/): United Federal Credit Union donated a total of $29,000 during Giving Tuesday. The funds were given to 16 organizations in Arkansas, Indiana, Michigan, Nevada and North Carolina. - [National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to EFCU Financial](https://thecreditunionconnection.com/national-cooperative-bank-provides-a-5-million-subordinated-debt-loan-to-efcu-financial/): National Cooperative Bank is pleased to announce a $5 million subordinated debt loan to EFCU Financial… - [UVA Community Credit Union Welcomes Belinda Tucker as Chief Operating Officer](https://thecreditunionconnection.com/credit-union-welcomes-belinda-tucker-as-chief-operating-officer/): UVA Community Credit Union is pleased to announce the hiring of Belinda Tucker as Chief Operating Officer... - [First Tech Federal Credit Union Appoints Chief Experience Officer and Chief Marketing Officer](https://thecreditunionconnection.com/first-tech-federal-credit-union-appoints-chief-experience-officer-and-chief-marketing-officer/): Pictured: Brandon Hunt (left) and Jason Heupel (right) joint First Tech federal Credit Union - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se-lmxss/): Check out new hires, promotions, board appointments and awards. - [CEO Blueprint White Paper Now Available From Co-op Solutions](https://thecreditunionconnection.com/ceo-blueprint-white-paper-now-available-from-co-op-solutions/): Co-op Solutions has unveiled a new industry white paper designed to help credit unions both plan and execute their own highly effective member-centricity strategies. - [Parsons Federal Credit Union\'s Members Approve Merger with Skyla Credit Union](https://thecreditunionconnection.com/parsons-federal-credit-unions-members-approve-merger-with-skyla-credit-union/): Skyla Credit Union announced today that the members of Parsons Federal Credit Union (Parsons FCU) have approved the merger of the two organizations. - [What Credit Unions Can Learn From Yellowstone National Park](https://thecreditunionconnection.com/what-credit-unions-can-learn-from-yellowstone-national-park/): Yellowstone National Park turned 150 years old this year. President Grant signed the Yellowstone Protection Act into law on March 1, 1872. Although Grant never visited the park personally, his other travels stirred his interest in wildlife preservation. Since then, several Presidents have visited the park… - [Navy Federal Announces Winners of Inaugural Operation Joyride Sweepstakes](https://thecreditunionconnection.com/navy-federal-announces-winners-of-inaugural-operation-joyride-sweepstakes/): Navy Federal Credit Union gives $50,000 combined towards members’ car loans - [First Tech Federal Credit Union Steps Up Support of Nonprofit Organizations Amid Economic Uncertainty; Invests $4.1M in 2022](https://thecreditunionconnection.com/first-tech-federal-credit-union-steps-up-support-of-nonprofit-organizations-amid-economic-uncertainty-invests-41m-in-2022/): First Tech Federal Credit Union, the nation’s eighth largest credit union, announced today that it contributed $4.1 million in funding of nonprofit organizations across California, Oregon, and Washington. - [Pickens Federal Credit Union Members Endorse Merger with Peach State Federal Credit Union](https://thecreditunionconnection.com/pickens-federal-credit-union-members-endorse-merger-with-peach-state-federal-credit-union/): Pictured: Marshall Boutwell, Peach State FCU President/CEO, Phil Reece, Pickens Federal CU Board Chairman and Clayton Kerr, Pickens FCU President/CEO. - [Abbeville Community Federal Credit Union Members Approve Merger with Peach State Federal Credit Union](https://thecreditunionconnection.com/abbeville-community-federal-credit-union-members-approve-merger-with-peach-state-federal-credit-union/): Pictured: Chuck Nash, Abbeville Community FCU Board Chairman, Trish Fuller, Abbeville Community FCU Manager and Marshall Boutwell, Peach State FCU President/CEO. - [Miami Firefighters Federal Credit Union Selects Bryan S. Woodward As Their Next President/CEO](https://thecreditunionconnection.com/miami-firefighters-federal-credit-union-selects-bryan-s-woodward-as-their-next-presidentceo/): The Board of Directors of Miami Firefighters Federal Credit Union is pleased to announce… - [United Federal Credit Union and American Red Cross Partner for Blood Drive in Southwest Michigan](https://thecreditunionconnection.com/united-federal-credit-union-and-american-red-cross-partner-for-blood-drive-in-southwest-michigan/): Every two seconds, someone in the United States needs blood. Despite calls… - [Northline Seafoods Bringing New Innovations to Fishing Industry Thanks to USDA-Guaranteed Financing Completed by Greater Commercial Lending](https://thecreditunionconnection.com/northline-seafoods-bringing-new-innovations-to-fishing-industry-thanks-to-usda-guaranteed-financing-completed-by-greater-commercial-lending/): Greater Commercial Lending (GCL), a CUSO of Greater Nevada Credit Union, which provides loans to businesses and organizations in under-served and rural communities, has completed $40 million in financing - [Flasher Community CU Selects Sharetec as their Next Core Solution](https://thecreditunionconnection.com/flasher-community-cu-selects-sharetec-as-their-next-core-solution/): Sharetec System is pleased to announce that Flasher Community Credit Union in Flasher, ND, has selected Sharetec as their next core solution. - [NCUA Re-establishes AMAC as Independent Office](https://thecreditunionconnection.com/ncua-re-establishes-amac-as-independent-office/): By notation vote, the National Credit Union Administration Board approved moving management and oversight of Asset Management and Assistance Center (AMAC) activities from the Southern Region to an independent office led by - [Marshfield Medical Center CU Seeks Expansion, Expands Digital Services with Tyfone](https://thecreditunionconnection.com/marshfield-medical-center-cu-seeks-expansion-expands-digital-services-with-tyfone/): Marshfield, Wis.-based Marshfield Medical Center Credit Union ($86 million in assets, 3,800 members) is located in central Wisconsin. However, its charter allows it to serve healthcare professionals across the entire state. With a single branch and no plans to expand its physical footprint, - [Credit unions must change their relationship with data and technology](https://thecreditunionconnection.com/credit-unions-must-change-their-relationship-with-data-and-technology/): In just 10-15 years, 34% of consumers are transacting through fintechs per FICO. They may not get it right every time, but they get it right often enough. - [OnPoint Community Credit Union Donates $100,000 to Oregon and SW Washington Non-profits on Giving Tuesday](https://thecreditunionconnection.com/onpoint-community-credit-union-donates-100000-to-oregon-and-sw-washington-non-profits-on-giving-tuesday/): Today, on Giving Tuesday, OnPoint Community Credit Union announced it will contribute a total of $100,000, which will be … - [TAPCO Credit Union Taps CU Strategic Planning for DEIBA Institute](https://thecreditunionconnection.com/tapco-credit-union-taps-cu-strategic-planning-for-deiba-institute/): Recognizing the importance of diversity, equity, inclusion, belonging and accessibility to society’s prosperity, TAPCO Credit Union contracted with CU Strategic Planning to… - [4Front Credit Union Wins Q2 Purposeful Banker Award for Helping Members Save with Plinqit](https://thecreditunionconnection.com/4front-credit-union-wins-q2-purposeful-banker-award-for-helping-members-save-with-plinqit/): Q2 names 4Front Credit Union the “Most Innovative Financial Institution of the Year” for helping members collectively save more than $920,000 with Plinqit - [Finastra and Clinc announce collaboration to boost digital engagement and reduce service agent workload](https://thecreditunionconnection.com/finastra-and-clinc-announce-collaboration-to-boost-digital-engagement-and-reduce-service-agent-workload/): Clinc\'s groundbreaking Virtual Banking Assistant app will be available as an integration within Finastra\'s Fusion Digital Banking platform - [CapIntel Forges New Strategic Partnership with Aviso Wealth to Provide Credit Union Advisors with New Digital Tools](https://thecreditunionconnection.com/capintel-forges-new-strategic-partnership-with-aviso-wealth-to-provide-credit-union-advisors-with-new-digital-tools/): Aviso Wealth will introduce CapIntel\'s proprietary technology to credit union advisors to enhance their processes and enrich member interactions. - [Topline Financial Credit Union Announces Retirement of Tom Smith, President and Chief Executive Officer](https://thecreditunionconnection.com/topline-financial-credit-union-announces-retirement-of-tom-smith-president-and-chief-executive-officer/): TopLine Financial Credit Union, announces the retirement of Tom Smith, President and CEO - [Bragg Mutual Federal Credit Union Transforms for Growth](https://thecreditunionconnection.com/bragg-mutual-federal-credit-union-transforms-for-growth-1/): Steve Foley, a first-time CEO at Bragg Mutual Federal Credit Union, walked into a tough situation four years ago. The then-$55 million credit union needed a makeover, both financially and organizationally. - [Bragg Mutual Federal Credit Union Transforms for Growth](https://thecreditunionconnection.com/bragg-mutual-federal-credit-union-transforms-for-growth/): Cultural shifts and organizational alignment breed success… - [OCCU expedites member deposits](https://thecreditunionconnection.com/0l3rn7smtmz3x4epuryqouko3txhl8/): OCCU is committed to creating a positive member experienceacross all channels. That’s why OCCU leverages an innovative in-house program to apply dynamic hold limits when members deposit checks via OCCU’s mobile app - [CEO of State Department Federal Credit Union Plans Summer Retirement](https://thecreditunionconnection.com/ceo-of-state-department-federal-credit-union-plans-summer-retirement/): State Department Federal Credit Union (SDFCU) is announcing that effective this summer, Jan N. Roche will retire from her position as Chief Executive Officer. - [Q2 Helps Utah Community Credit Union Achieve Significant Growth by Attracting Younger Members](https://thecreditunionconnection.com/q2-helps-utah-community-credit-union-achieve-significant-growth-by-attracting-younger-members/): Q2 Holdings, Inc. has announced that Utah Community Credit Union (UCCU) has transformed its digital banking experience to meet the expectations of younger account holders while achieving significant business outcomes - [Truity Credit Union Appoints Aaron Beldner As Their Next President/CEO](https://thecreditunionconnection.com/truity-credit-union-appoints-aaron-beldner-as-their-next-presidentceo/): The Board of Directors of Truity Credit Union, Bartlesville, Oklahoma, welcomes Aaron Beldner as their new CEO. - [Sequoir Announces a Partnership with Alkami’s Digital Banking Solution](https://thecreditunionconnection.com/sequoir-announces-a-partnership-with-alkamis-digital-banking-solution/): Sequoir, a leading provider of digital asset (cryptocurrency) solutions, announces a partnership Alkami, a leading provider of cloud-based digital banking solutions for banks and credit unions in the U.S - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se-mgn6j-xgkm2/): Check out new hires, promotions, board appointments and awards. - [Quantalytix Launches Enterprise Bank Management Software for Credit Unions](https://thecreditunionconnection.com/quantalytix-launches-enterprise-bank-management-software-for-credit-unions/): Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for financial institutions, announced today the launch of their comprehensive data analytics solution specifically tailored for credit unions The cloud-based software provides credit unions with actionable insights and powerful, real-time intelligence needed to develop a sound data strategy. According to a recent study from Best Innovation Group and OnApproach, 45% of credit unions don’t currently have a strategy in place, and those that do have a strategy still say it will take three to five years to implement. Quantalytix Co-founder and CEO, Chris Aliotta, said, “Credit union executives recognize the […] - [WYCUP Awards Eight 2023 Scholarships](https://thecreditunionconnection.com/wycup-awards-eight-2023-scholarships/): Access to multiple international credit union events offered for the first time - [Hawaii State FCU Invites Public School Teachers To Apply For $40,000 In Grants To Purchase Classroom Supplies](https://thecreditunionconnection.com/hawaii-state-fcu-invites-public-school-teachers-to-apply-for-40000-in-grants-to-purchase-classroom-supplies/): Hawaii State Federal Credit Union today announced a call for applications for its 2023 Investing in Education grant program. - [MDT Expands Relationships with Credit Unions, Prioritizes Innovation in 2022](https://thecreditunionconnection.com/mdt-expands-relationships-with-credit-unions-prioritizes-innovation-in-2022/): MDT provided highlights from 2022 including expanded partnerships, successful client conferences and industry recognition. - [Pacific Cascade Federal Credit Union Partners with Elan to Offer New Credit Card Program](https://thecreditunionconnection.com/pacific-cascade-federal-credit-union-partners-with-elan-to-offer-new-credit-card-program/): Pacific Cascade Federal Credit Union (Pacific Cascade) and Elan Credit Card (Elan) today announced the launch of their partnership to provide credit card issuing, service, and support to Pacific Cascade members across six counties in Oregon. Elan Credit Card’s Partnership Development Market Director, Matthew Carpenter, shared “We are helping Pacific Cascade provide their members with enhanced rewards and cash back options from the robust credit card product suite that Elan offers. With our investment in innovative technology, Pacific Cascade can offer the latest digital enhancements to their member base.” Jackie Hoonjan, Pacific Cascade Federal Credit Union President & CEO stated […] - [Maryland Credit Union Partners With Mortgage Markets CUSO To Provide Mortgage Lending Services To Its Membership](https://thecreditunionconnection.com/maryland-credit-union-partners-with-mortgage-markets-cuso-to-provide-mortgage-lending-services-to-its-membership/): FedFinancial FCU an innovative credit union located in Silver Spring, Maryland, has chosen Mortgage Markets CUSO to provide mortgage lending services to its membership. - [NCUA Charters For Members Only Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-for-members-only-federal-credit-union/): New Credit Union Will Serve Alpha Kappa Alpha Sorority - [Civic Federal Credit Union Takes Big Steps in Sustainability](https://thecreditunionconnection.com/civic-federal-credit-union-takes-big-steps-in-sustainability/): Civic Federal Credit Union proudly announces the completion of a solar panel installation at its headquarters in Raleigh, N.C. ! - [ASA Launches New Form of Open Banking in 2022, Empowering Customers with Control over their Data and Finances](https://thecreditunionconnection.com/asa-launches-new-form-of-open-banking-in-2022-empowering-customers-with-control-over-their-data-and-finances/): ASA is an embedded fintech platform that connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace. The company experienced notable momentum in 2022, including new clients, key partnerships, strategic leadership additions and the launch of its embedded fintech marketplace. ASA has created the collaborative banking movement, a new form of open banking in which banks and credit unions maintain ownership and control of customer data in a safe, secure environment and provide financial empowerment through individualized choice. More than 25 community financial institutions, such as Pyramid FCU and University Credit Union, and fintechs have […] - [Velocity Solutions Launches the Retail Performance Engine™ to Help Drive Core Deposits and Other Checking Account KPIs](https://thecreditunionconnection.com/velocity-solutions-launches-the-retail-performance-engine-to-help-drive-core-deposits-and-other-checking-account-kpis/): Velocity Solutions Launches the Retail Performance Engine™ to Help Drive Core Deposits and Other Checking Account KPIs - [Synergent To Continue Hosting Jack Henry’s Symitar for Pioneer Valley CU](https://thecreditunionconnection.com/synergent-to-continue-hosting-jack-henrys-symitar-for-pioneer-valley-cu/): Synergent® is pleased to announce that Pioneer Valley Federal Credit Union has signed a new five-year agreement to renew its partnership with Synergent® for hosted Jack Henry™ Symitar® core processing and iPay Consumer Bill Pay™. - [Beacon FCU Selects PSCU to Provide Card Processing and Contact Center Support](https://thecreditunionconnection.com/beacon-fcu-selects-pscu-to-provide-card-processing-and-contact-center-support/): PSCU announced that Beacon Federal Credit Union has selected the CUSO for credit and debit card processing services as well as contact center support. - [What, Why & Where for CUNA GAC: A Veteran’s Perspective](https://thecreditunionconnection.com/what-why-amp-where-for-cuna-gac-a-veterans-perspective/): Sarah Snell Cooke has attended 22 of the last 23 CUNA Governmental Affairs Conferences and will be there later this month! After recently speaking with someone who is attending their first GAC, she thought it would make sense to offer up her insights. GAC is a great event for networking and feeling the power of the movement. It communicates a lot to credit union leaders internally to generate solidarity and common purpose. It also communicates to members of Congress, regulators and rival lobbies that the credit union community is strong and ready to stand up for itself and our members! […] - [Eastman Credit Union Teams Up With Arkatechture to Leverage the Power of Data & Better Serve Their Members](https://thecreditunionconnection.com/eastman-credit-union-teams-up-with-arkatechture-to-leverage-the-power-of-data-amp-better-serve-their-members/): Eastman Credit Union knew it was time to prioritize leveraging the power of data to operate more efficiently and make more informed decisions in support of market growth and strategic investments – They chose Arkatechture as their partner to help accelerate their data journey. - [Navy Federal Credit Union Partners With Operation HOPE to Boost Financial Literacy](https://thecreditunionconnection.com/navy-federal-credit-union-partners-with-operation-hope-to-boost-financial-literacy/): Navy Federal Credit Union joined the Financial Literacy for All (FL4A) initiative through Operation HOPE, a national endeavor to embed financial literacy into American culture. The goal of FL4A is to enable millions of youth and working adults to achieve greater financial success for themselves, their families and the community. “We are honored to welcome into our FL4A movement Navy Federal and its very special member base—a group to whom we all owe our gratitude for their service and sacrifice in support and protection of our freedoms,\” said John Hope Bryant, Founder, Chairman and CEO of Operation HOPE and Co-Chair […] - [Leading Financial Services Companies Turn to Lattice to Drive Workforce Effectiveness and Business Performance](https://thecreditunionconnection.com/leading-financial-services-companies-turn-to-lattice-to-drive-workforce-effectiveness-and-business-performance/): More than 400 banks, credit unions, and insurance companies now leveraging the Lattice people management platform to ensure employees are aligned, effective, and engaged. - [Listerhill Credit Union Boosts Mortgage Sales with Digital-First Service Powered by Glia](https://thecreditunionconnection.com/listerhill-credit-union-boosts-mortgage-sales-with-digital-first-service-powered-by-glia/): Listerhill Credit Union has streamlined online member support with Glia, offering seamless on-screen experiences that are driving high member satisfaction rates - [Nine Credit Unions Partner with myCUmortgage in 2022 to Offer Mortgages to Their Members](https://thecreditunionconnection.com/nine-credit-unions-partner-with-mycumortgage-in-2022-to-offer-mortgages-to-their-members/): Further upholding its mission to empower credit unions to become great mortgage lenders, myCUmortgage is thrilled to announce nine new partnerships with credit unions from - [CFPB Issues Guidance to Protect Mortgage Borrowers from Pay-to-Play Digital Comparison-Shopping Platforms](https://thecreditunionconnection.com/cfpb-issues-guidance-to-protect-mortgage-borrowers-from-pay-to-play-digital-comparison-shopping-platforms/): The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping - [CUES Honors President/CEO John Pembroke’s Legacy with DEI Award, CEO Institute Scholarship](https://thecreditunionconnection.com/cues-honors-presidentceo-john-pembrokes-legacy-with-dei-award-ceo-institute-scholarship/): CUES is paying tribute to its late president/CEO with the John Pembroke Catalyst for Change Award, formerly the DEI Catalyst for Change Award. - [California Credit Union Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/california-credit-union-looking-to-fund-innovative-teacher-projects/): Credit Union Encourages Los Angeles County Teachers to Apply for a Spring Project Grant - [North Island Credit Union Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/north-island-credit-union-looking-to-fund-innovative-teacher-projects/): Credit Union Encourages San Diego Teachers to Apply for a Spring Project Grant! - [Affinity Plus Opens St. Paul-Midway Branch](https://thecreditunionconnection.com/affinity-plus-opens-st-paul-midway-branch/): New location is only credit union in the neighborhood and will include all-bilingual staff - [Happy Members, Happy Credit Unions: The CU Happy Tour](https://thecreditunionconnection.com/happy-members-happy-credit-unions-the-cu-happy-tour/): Phroogal Founder and author Jason Vitug sat down with Sarah to talk about the connection between money and mental health, why rising stars might be leaving credit unions and more! - [The Family Credit Union Partners With Greater Omaha Packing to Offer On-Site Financial Services to Employees](https://thecreditunionconnection.com/the-family-credit-union-partners-with-greater-omaha-packing-to-offer-on-site-financial-services-to-employees/): The Family Credit union is opening full-time branch inside Greater Omaha Packing facility! - [Co-op Solutions Announces its New Strategic Provider Program to Connect Credit Unions with Best-in-Class Partners](https://thecreditunionconnection.com/co-op-solutions-announces-its-new-strategic-provider-programnbspto-connect-credit-unions-with-best-in-class-partners/): Co-op Solutions is introducing its Strategic Provider Program, giving credit unions access to pre-vetted, best-in-class products and services outside of Co-op’s core offerings, while also helping to streamline their procurement processes. - [3 Attorneys Join Legal Team In Lawsuit Against MidFlorida Credit Union](https://thecreditunionconnection.com/3-attorneys-join-legal-team-in-lawsuit-against-midflorida-credit-union/): Hon. John B. Martinez speaks at a press conference on behalf of Mrs. Linda Stephens. Her family and attorneys were also present at the press conference. - [InFirst Federal Credit Union Welcomes Mark Hudzik As The New President and CEO](https://thecreditunionconnection.com/infirst-federal-credit-union-welcomes-mark-hudzik-as-the-new-president-and-ceo/): InFirst FCU announced that Mark Hudzik has been appointed as the new President and CEO of the credit union after Martha Wye’s retirement. - [Prizeout Joins the Jack Henry™ Vendor Integration Program](https://thecreditunionconnection.com/prizeout-joins-the-jack-henry-vendor-integration-program/): VIP enables Prizeout to integrate with Symitar - [SafeAmerica Credit Union raises $4,500 for Local Bay Area Food Banks](https://thecreditunionconnection.com/safeamerica-credit-union-raises-4500-for-local-bay-area-food-banks/): SafeAmerica Credit Union’s annual Love To Give holiday food drive supported the Alameda County Community Food Bank and the Food Bank of Contra Costa & Solano. - [Cal Bear Credit Union Merges with Credit Union of Southern California](https://thecreditunionconnection.com/cal-bear-credit-union-merges-with-credit-union-of-southern-california/): CU SoCal Finalizes Merger with Cal Bear - [Alkami Podcast Brings Digital Banking Excellence to Light](https://thecreditunionconnection.com/alkami-podcast-brings-digital-banking-excellence-to-light/): Alkami Technology, Inc. today announced it has launched a podcast series, FIsionaries, to provide regional and community banks and credit unions with insights, tips and strategy to elevate their digital banking game. - [Inclusiv Launches FIT Center to Help Member Credit Unions Access Affordable Technology Solutions That Expand Financial Inclusion](https://thecreditunionconnection.com/inclusiv-launches-fit-center-to-help-member-credit-unions-access-affordable-technology-solutions-that-expand-financial-inclusion/): Inclusiv announced the creation of the Financial Inclusion Technology Center to expand financial inclusion in member credit union communities. - [FinMkt and American Heritage Credit Union Partner to Transform Dental Financing](https://thecreditunionconnection.com/finmkt-and-american-heritage-credit-union-partner-to-transform-dental-financing/): American Heritage and FinMkt partner to provide customized SaaS solutions for healthcare digital financing and payments. - [Urban League of Portland is Recipient of OnPoint\'s Membership Campaign](https://thecreditunionconnection.com/urban-league-of-portland-is-recipient-of-onpoints-membership-campaign/): OnPoint\'s Refer a Friend campaigns have raised more than $296,250 for six non-profit organizations since 2018 - [State Employees\' Credit Union Selects Black Knight\'s Servicing Solutions for Unmatched Level of Innovation](https://thecreditunionconnection.com/state-employees-credit-union-selects-black-knights-servicing-solutions-for-unmatched-level-of-innovation/): Black Knight, Inc. has announced that State Employees\' Credit Union (SECU), the second largest credit union in the United States with over 2.6 million members, has signed a contract to use MSP - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-89m7z/): Check out new hires, promotions, awards and board appointments - [Fintel Connect Partners with MeridianLink to Enhance Deposit and Loan Growth for Financial Institutions](https://thecreditunionconnection.com/fintel-connect-partners-with-meridianlink-to-enhance-deposit-and-loan-growth-for-financial-institutions/): Fintel Connect today announced its partnership with MeridianLink, Inc! - [CUSO Financial Announces New Partnership with Kemba Credit Union](https://thecreditunionconnection.com/cuso-financial-announces-new-partnership-with-kemba-credit-union/): CUSO Financial Services, L.P., a subsidiary of Atria Wealth Solutions, Inc. today announced a multi-year agreement with Kemba Credit Union (Kemba) to support and grow its wealth management program, Kemba Investment Services - [U.S. Eagle Federal Credit Union Gives Back to Disabled Veterans Through METAL™ Credit Card](https://thecreditunionconnection.com/us-eagle-federal-credit-union-gives-back-to-disabled-veterans-through-metal-credit-card/): After announcing their cashback METAL™ Credit Card last year, U.S. Eagle announced their partnership with the Veterans Integration Centers (VIC) and Paws and Stripes to support the ongoing needs of disabled veterans in the state of New Mexico. - [BluPeak Credit Union to Support Clean Water Access by Donating 1% of 2023 Revenue](https://thecreditunionconnection.com/blupeak-credit-union-to-support-clean-water-access-by-donating-1-of-2023-revenue/): BluPeak Credit Union (BluPeak) announced today, part of its pledge to be a purpose-driven financial institution will include donating 1% of its 2023 revenue to support charitable organizations promoting access to clean water. - [Co-op Announces THINK 23 Conference Speakers](https://thecreditunionconnection.com/co-op-announces-think-23-conference-speakers/): Co-op Solutions will be helping credit unions tackle “The Invisible Revolution” that is transforming financial services at its THINK 23 conference, with contributions from world-class keynote speakers, industry experts and Co-op subject matter experts. - [CFPB Proposes Rule to Rein in Excessive Credit Card Late Fees](https://thecreditunionconnection.com/cfpb-proposes-rule-to-rein-in-excessive-credit-card-late-fees/): Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late fees that cost American families about $12 billion each year. Major credit card issuers continue to profit off late fees - [AMOCO Federal Credit Union Selects PSCU for Credit Card Processing Support](https://thecreditunionconnection.com/amoco-federal-credit-union-selects-pscu-for-credit-card-processing-support/): PSCU has announced that AMOCO Federal Credit Union has selected the CUSO for full-service credit card processing support and services. - [Columbine FCU’s Wickes Earns Scholarship to CUNA GAC](https://thecreditunionconnection.com/columbine-cus-wickes-earns-scholarship-to-cuna-gac/): Tina Wickes, Columbine FCU Vice President of Lending, is the first beneficiary of a CU Prodigy scholarship program in 2023. She’ll be heading to CUNA’s GAC this year, thanks to the leading cloud-based core processing CUSO. - [VyStar Credit Union Opens First Branch in Lake Mary, Continuing Growth in Seminole County](https://thecreditunionconnection.com/vystar-credit-union-opens-first-branch-in-lake-marynbspcontinuing-growth-in-seminole-county/): VyStar Credit Union is proud to announce its Lake Mary branch is now open at 4699 W. Lake Mary Blvd., Lake Mary, FL 32746. - [Control of Edinburg Teachers Credit Union Returned to Members](https://thecreditunionconnection.com/control-of-edinburg-teachers-credit-union-returned-to-members/): Edinburg Teachers Credit Union, located in Edinburg, Texas, is once again under the control of its members after release from conservatorship, the National Credit Union Administration and the Texas Credit Union Department announced today. - [Affinity Plus CEO Dave Larson to Serve as Special Olympics Minnesota Board Chair for Second Year ](https://thecreditunionconnection.com/affinity-plus-ceo-dave-larson-to-serve-as-special-olympics-minnesota-board-chair-for-second-yearnbsp/): Longtime Special Olympics supporter, Larson looks forward to new year of championing inclusion for people with intellectual disabilities - [NCUA Releases New Updated FAQs on CECL, Simplified CECL Tool](https://thecreditunionconnection.com/ncua-releases-new-updated-faqs-on-cecl-simplified-cecl-tool/): NCUA has released updates to its frequently asked questions on the current expected credit losses (CECL) accounting standard and its Simplified CECL Tool. - [LoanStreet Launches CECL Reporting Solution for Loan Participations](https://thecreditunionconnection.com/loanstreet-launches-cecl-reporting-solution-for-loan-participations/): Financial institutions with participations programs can automatically receive credit loss reserve estimates with greater accuracy, reflecting the true risk profile of their participation portfolio - [Saskatchewan\'s Conexus Credit Union provides best service experience amongst Canadian digital banking firms three years in a row according to Surviscor](https://thecreditunionconnection.com/saskatchewans-conexus-credit-union-provides-best-service-experience-amongst-canadian-digital-banking-firms-three-years-in-a-row-according-to-surviscor/): Credit unions continue to dominate service levels while big banks continue to trend in the wrong direction - [Collections Should See Significant Bump with Texting from Eltropy-AKUVO Partnership](https://thecreditunionconnection.com/collections-should-see-significant-bump-with-texting-from-eltropy-akuvo-partnership/): Credit Unions can now use the Eltropy-AKUVO connector to speed up the implementation of the industry’s leading Texting platform into their Collections departments - [GTE Financial Raised Over $500K In 2022 For Local Tampa Bay Organizations](https://thecreditunionconnection.com/gte-financial-raised-over-500k-in-2022-for-local-tampa-bay-organizations/): GTE Financial’s goal is to benefit the community through passionate support of local charities and initiatives that prioritize people over profits. - [FORUM Credit Union Announces 2023 Charity of Choice and Looks Back at 2022 Partnership](https://thecreditunionconnection.com/forum-credit-union-announces-2023-charity-of-choice-and-looks-back-at-2022-partnership/): FORUM Credit Union supports an employee nominated charity each year. In 2022, FORUM’s Charity of Choice was Dayspring Center… - [Iowa Credit Union Foundation Invested Over $155,000 to Support Financial Well-Being of Iowans in 2022](https://thecreditunionconnection.com/iowa-credit-union-foundation-invested-over-155000-to-support-financial-well-being-of-iowans-in-2022/): Announces Donations to Jumpstart 2023 and Executive Committee Changes - [HomeAdvantage® partners with five new credit unions](https://thecreditunionconnection.com/homeadvantage-partners-with-five-new-credit-unions/): Five new credit unions have partnered with HomeAdvantage® to attract and nurture home-buying members and close more purchase loans. - [SECU and SECU Foundation Provide Joint Gift of $5 Million to Develop Dorothea Dix Park in Raleigh](https://thecreditunionconnection.com/secu-and-secu-foundation-provide-joint-gift-of-5-million-to-develop-dorothea-dix-park-in-raleigh/): The largest joint giving to one entity from State Employees’ Credit Union (SECU) and the SECU Foundation was announced today – a $5 million contribution to the Dix Park Conservancy to support the development of a historic 308-acre - [Fintech Platform Happy Money Protects Against Leading Causes of Borrower Defaults Through New Loan Payment Protection Offering, Reducing Stress for Credit Union Partners and Consumers Alike](https://thecreditunionconnection.com/fintech-platform-happy-money-protects-against-leading-causes-of-borrower-defaults-through-new-loan-payment-protection-offering-reducing-stress-for-credit-union-partners-and-consumers-alike/): Happy Money has partnered with TruStage® to offer a first-of-its-kind solution for payment protection in the event of involuntary unemployment or disability, automatically included with every personal loan at no additional cost to the borrower. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-n7ym2-pf4tz/): Check out new hires, promotions and board appointments - [John Roemer Appointed as President/CEO of Los Angeles Police Federal Credit Union](https://thecreditunionconnection.com/john-roemer-appointed-as-presidentceo-of-los-angeles-police-federal-credit-union/): Los Angeles Police Federal Credit Union (LAPFCU) is proud to welcome John Roemer as President and Chief Executive Officer (CEO), effective January 23, 2023. - [How to Build a Courageous, Creative Culture for Your Credit Union – and Why!](https://thecreditunionconnection.com/how-to-build-a-courageous-creative-culture-for-your-credit-union-and-why/): Listen in on any credit union industry conversation these days and you’ll quickly hear about the struggle to find and retain employees. Move over to the marketing talks and you’ll hear topics like “how can we stand out” and “we need some new ideas.” - [BNY Mellon and Fiserv Expand Real-Time FX Rate Quotes Capabilities for Payments from U.S. Financial Institutions](https://thecreditunionconnection.com/bny-mellon-and-fiserv-expand-real-time-fx-rate-quotes-capabilities-for-payments-from-us-financial-institutions/): BNY Mellon and Fiserv have joined forces to deliver additional capabilities for real-time foreign exchange rate quotes for payments from U.S. financial institutions. - [Valwood Park Federal Credit Union Conserved](https://thecreditunionconnection.com/valwood-park-federal-credit-union-conserved/): The National Credit Union Administration today placed Valwood Park Federal Credit Union in Carrollton, Texas, into conservatorship. The NCUA placed Valwood Park Federal Credit Union into conservatorship because of unsafe and unsound practices at the credit union. While continuing normal member services, the NCUA will work to resolve issues affecting the credit union’s operations. Member deposits at Valwood Park Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts at Valwood Park Federal Credit Union up to $250,000. A member’s interest in all joint accounts combined […] - [NCR Brings Ease of ATM as a Service to United Heritage Credit Union](https://thecreditunionconnection.com/ncr-brings-ease-of-atm-as-a-service-to-united-heritage-credit-union/): “With ATM as a Service from NCR, our team will no longer have to focus as much time on managing ATM operations. Instead, they will be able to focus on our member experience and providing excellent solutions and service in branches and online” - [MeridianLink Announces Marketing Automation Product Advancements](https://thecreditunionconnection.com/meridianlink-announces-marketing-automation-product-advancements/): Enhancements to MeridianLink Engage empowers financial institutions with personalized data and campaigns to build deeper connections with consumers and grow their customer base - [Eltropy Receives Patent for Video Notary to Further Innovation in Video Banking](https://thecreditunionconnection.com/eltropy-receives-patent-for-video-notary-to-further-innovation-in-video-banking/): Eltropy announced it was recently granted a patent for its new digital notary product — Video Notary. - [Yolo Federal Credit Union Receives Approval for Charter Expansion](https://thecreditunionconnection.com/yolo-federal-credit-union-receives-approval-for-charter-expansion/): Yolo Federal Credit Union announced that it has received approval to expand its field of membership to include those individuals who live, work, worship, or go to school in Sacramento, Placer, or El Dorado counties - [LGE Foundation donates $303,317 to local nonprofits; surpasses $2 million giving milestone](https://thecreditunionconnection.com/lge-foundation-donates-303317-to-local-nonprofits-surpasses-2-million-giving-milestone/): LGE Community Outreach Foundation presented $303,317 to local nonprofit organizations at LGE Community Credit Union’s annual Christmas breakfast… - [DefenseStorm Named Inc. 5000 Fastest-Growing Private Company with 251% Growth Rate](https://thecreditunionconnection.com/defensestorm-named-inc-5000-fastest-growing-private-company-with-251-growth-rate/): Additional industry recognition and customer loyalty scores reinforce company momentum - [Trellance Announces New Cloud Line of Business, Alignment with Emerging Trends for Credit Unions in 2023](https://thecreditunionconnection.com/trellance-announces-new-cloud-line-of-business-alignment-with-emerging-trends-for-credit-unions-in-2023/): Trellance has released its strategic priorities for 2023. - [NCUA’s 2023 Supervisory Priorities](https://thecreditunionconnection.com/ncuas-2023-supervisory-priorities/): Outlining the NCUA’s supervisory priorities and other updates to the agency’s examination program for 2023. - [Introducing Union Credit, the First Marketplace for Credit Unions to Make Firm Offers at the Point of Purchase](https://thecreditunionconnection.com/introducing-union-credit-the-first-marketplace-for-credit-unions-to-make-firm-offers-at-the-point-of-purchase/): Fintech launches with $5 Million in seed funding led by CMFG Ventures - [Pacific Service Credit Union Chooses Lumin Digital for Enhanced Digital Banking Services Partner](https://thecreditunionconnection.com/pacific-service-credit-union-chooses-lumin-digital-for-enhanced-digital-banking-services-partner/): Lumin Digital has announced a multi-year partnership with California\'s Pacific Service Credit Union to support an enhanced online-banking experience for the credit union\'s nearly 70,000 members and more than $1.4 billion in assets. - [Glia Deepens Partnership with Credit Union Community by Establishing CUSO](https://thecreditunionconnection.com/glia-deepens-partnership-with-credit-union-community-by-establishing-cuso/): A selective group of credit union clients have invested and joined Glia\'s advisory committee - [Unitus Community Credit Union Offers Free Tax Preparation to Qualified Individuals](https://thecreditunionconnection.com/unitus-community-credit-union-offers-free-tax-preparation-to-qualified-individuals/): Unitus Community Credit Union is once again partnering with the Internal Revenue Service and Metropolitan Family Services-CASH Oregon to provide Volunteer Income Tax Assistance to the community - [Successful Credit Unions Will Make These 3 Strategic Moves in 2023](https://thecreditunionconnection.com/successful-credit-unions-will-make-these-3-strategic-moves-in-2023/): Will credit unions adapt or become “frayed & fragile?” Only we can decide credit unions’ success into the future. Here’s a few ways… - [Apple Federal Credit Union Chooses Talkdesk Contact Center Solution](https://thecreditunionconnection.com/apple-federal-credit-union-chooses-talkdesk-contact-center-solution/): John Wyatt, chief information officer, Apple Federal Credit Union. “Financial Services Experience Cloud provides an omnichannel platform that supports our agents with… - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-n7ym2/): Check out new hires, promotions and board appointments - [NAFCU Announces Piper Sandler as Preferred Partner for Balance Sheet Management Services](https://thecreditunionconnection.com/nafcu-announces-piper-sandler-as-preferred-partner-for-balance-sheet-management-services/): NAFCU Services announced today that Piper Sandler is the newest Preferred Partner to join its program serving credit unions. - [AMOCO Federal Credit Union Names Alkami as Partner of the Year](https://thecreditunionconnection.com/amoco-federal-credit-union-names-alkami-as-partner-of-the-year/): Credit union recognizes digital banking platform as a significant contributor to its growth - [CSCU Prepares for the Looming Recession by Harnessing Eltropy’s Digital Communications Platform](https://thecreditunionconnection.com/cscu-prepares-for-the-looming-recession-by-harnessing-eltropys-digital-communications-platform/): Economic factors are pushing credit unions like CSCU to Texting and Video banking – saving call center expenses as much as 64 percent in a recession year - [U.S. Senate Federal Credit Union Distributes $70,000 to Charities throughout the DMV](https://thecreditunionconnection.com/us-senate-federal-credit-union-distributes-70000-to-charities-throughout-the-dmv/): As community nonprofits continue to confront a surging demand for services, U.S. Senate Federal Credit Union of Alexandria, Virginia, announces seven nonprofits have received a combined total of $70,000 in donations. - [Desert Financial Credit Union Gives Back $16M to Members in Annual Bonus](https://thecreditunionconnection.com/desert-financial-credit-union-gives-back-16m-to-members-in-annual-bonus/): Arizona’s largest credit union awarded $70M to its members in the past six years - [SWIVEL Announces Integration with Fiserv Corillian Home Banking Application](https://thecreditunionconnection.com/9h2qib4uj4vgth2jzyml8era6dun1x/): SWIVEL Transactions, LLC today announced that its flexible and accredited loan payment system has completed integration with the Fiserv Corillian home banking platform, enabling credit unions and other financial institutions to more easily and quickly deploy the latest and most user-friendly payment options for their customers. - [Talking Credit Union Risk & Resilience with James Green](https://thecreditunionconnection.com/talking-credit-union-risk-amp-resilience-with-james-green/): James has decades of experience in enterprise risk management and business continuity, which he imparts on us, sharing what he’s expecting for credit union in 2023. It’s a brave new world! - [Annual Survey Points Out How Much Americans Lose Due to Financial Illiteracy](https://thecreditunionconnection.com/annual-survey-points-out-how-much-americans-lose-due-to-financial-illiteracy/): Americans today must navigate an increasingly complex economic world, requiring a new set of key money management skills. And financial illiteracy – the lack of vital personal finance knowledge – costs people money - [FORUM Credit Union Gives Back Over $2.9 Million in Rewards to Members](https://thecreditunionconnection.com/forum-credit-union-gives-back-over-29-million-in-rewards-to-members/): Each year, FORUM Credit Union gives cash back to its members through a variety of savings and prize based rewards. This commitment to - [COMMUNITYAMERICA ANNOUNCES RECORD-BREAKING PROFIT PAYOUT](https://thecreditunionconnection.com/communityamerica-announces-record-breaking-profit-payout/): CommunityAmerica Credit Union has announced they will be returning a record-breaking $9.5 million back to their members through their Profit Payout program. - [FirstLight Names Margie Salazar Chief Executive Officer](https://thecreditunionconnection.com/c7te5s96qxqbuhvnead1wndtpu9el9/): FirstLight Federal Credit Union ($1.5B, El Paso, TX) has selected Margie Salazar to serve as chief executive officer (CEO). - [Affinity Plus Credit Union Rallies Communities to Take the Polar Plunge for Special Olympics Minnesota](https://thecreditunionconnection.com/affinity-plus-credit-union-rallies-communities-to-take-the-polar-plunge-for-special-olympics-minnesota/): This winter, Affinity Plus Federal Credit Union (Affinity Plus) is encouraging Minnesotans to take the Polar Plunge for Special Olympics Minnesota. The Minnesota-based credit union is offering the first 2,000 plungers who sign up using the code AFFINITYPLUS a $50 donation toward their $75 fundraising minimum. - [CommonWealth Central Credit Union Welcomes New Chief Lending Officer Sundeep Jain](https://thecreditunionconnection.com/commonwealth-central-credit-union-welcomes-new-chief-lending-officer-sundeep-jain/): CommonWealth Central Credit Union Welcomes New Chief Lending Officer Sundeep Jain - [Wescom Rings in the New Year by Launching a Special Green Vehicle Loan Discount](https://thecreditunionconnection.com/wescom-rings-in-the-new-year-by-launching-a-special-green-vehicle-loan-discount/): Southern California-based Wescom Credit Union has announced a Green Vehicle Loan discount for the purchase or refinance of a qualifying electric or hybrid vehicle. - [Lynn M. Kincaid, President/CEO of H-E-B Federal Credit Union Retires, Internal Hire to CEO and Two Additional Chief Positions Filled](https://thecreditunionconnection.com/lynn-m-kincaid-presidentceo-of-h-e-b-federal-credit-union-retires-internal-hire-to-ceo-and-two-additional-chief-positions-filled/): H-E-B Federal Credit Union (HEBFCU) announced President/Chief Executive Officer Lynn M. Kincaid will retire May 1, 2023. Don R. Ford assumes the role of President and will promote to Chief Executive Officer upon Kincaid’s retirement - [LenderClose Announces Rebrand as Coviance to Support Accelerated Growth and Strategic Vision for the Lending Experience](https://thecreditunionconnection.com/lenderclose-announces-rebrand-as-coviance-to-support-accelerated-growth-and-strategic-vision-for-the-lending-experience/): The company’s evolution as a technology solution is modernizing the home equity lending experience for Credit Unions and Community Banks - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-nl6se-x7se4/): Check out new hires, promotions, board appointments and awards. - [Conference Early Bird Deadline Approaching](https://thecreditunionconnection.com/conference-early-bird-deadline-approaching/): Time is running out to take advantage of registration savings for the 2023 World Credit Union Conference in Vancouver, Canada, 23–26 July. - [Greater Commercial Lending Completes $10 Million in Financing for RAW FARM](https://thecreditunionconnection.com/greater-commercial-lending-completes-10-million-in-financing-for-raw-farm/): Government-Guaranteed Loan Will Help California Dairy Farm Continue Post-Pandemic Recovery Efforts - [Alliant Credit Union Partners with Franklin Madison to Offer Members New Ways to Build Financial Health](https://thecreditunionconnection.com/alliant-credit-union-partners-with-franklin-madison-to-offer-members-new-ways-to-build-financial-health/): In a time when members are focusing on inflation and safeguarding their finances, Alliant Credit Union is offering to provide $2000 of… - [GCS Credit Union Receives Mastercard Awards](https://thecreditunionconnection.com/gcs-credit-union-receives-mastercard-awards/): GCS Credit Union was recently awarded the Doing Well by Doing Good Award by Mastercard for their charitable and community efforts as part of Mastercard’s Community Institution Segment Awards. - [CUNA Economics: Fed Raises Rates Despite Bank Failures](https://thecreditunionconnection.com/cuna-economics-fed-raises-rates-despite-bank-failures/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement following the Federal Reserve meeting today: - [New Speakers, Research Announced for THINK 23](https://thecreditunionconnection.com/new-speakers-research-announced-for-think-23/): Co-op Solutions is announcing two new keynote speakers for its THINK 23 conference, adding to its line-up of world-class thought leaders - [The Importance of the Redemption Experience](https://thecreditunionconnection.com/the-importance-of-the-redemption-experience/): According to Wise Marketer, in many cases, the value of the loyalty program is defined more often by the variety of rewards available not the actual value - [SavvyMoney Celebrates Signing of 1000th Financial Institution Amid Rapid Growth](https://thecreditunionconnection.com/savvyleading-credit-score-solution-surpasses-milestone-continues-upward-trajectorymoney-celebrates-signing-of-1000th-financial-institution-amid-rapid-growth/): Leading credit score solution surpasses milestone, continues upward trajectory - [Tower Federal Credit Union Unveils Refreshed Brand Identity](https://thecreditunionconnection.com/tower-federal-credit-union-unveils-refreshed-brand-identity/): Maryland’s largest federal credit union reveals a bold new visual identity and logo as part of a broader growth strategy, and celebrates 70 years with a $70,000 donation to local charities. - [NCUA Releases 2022 Annual Report](https://thecreditunionconnection.com/ncua-releases-2022-annual-report/): The National Credit Union Administration today released its 2022 Annual Report, highlighting the agency’s activities, policy initiatives, and accomplishments for the past year. - [equipifi Wins Best of Show at CUNA GAC](https://thecreditunionconnection.com/equipifi-wins-best-of-show-at-cuna-gac/): Left to right: CUNA President and CEO Jim Nussle, equipifi Co-Founder and CEO Bryce Deeney, Vice President of Marketing Jazzy Zhu, Head of Strategy Doug Preston, Chief Experience Officer Patrick Scherz, and Chief Operating Officer, State Employees\' Credit Union and CUNA HR/Organizational Development Council Executive Committee Chair Leigh Brady - [New Survey: 49% of Consumers Optimistic About Their Financial Futures](https://thecreditunionconnection.com/new-survey-49-of-consumers-optimistic-about-their-financial-futures/): Affinity Federal Credit Union released findings from the debut installment of its Wellbeing and Your Wallet Index. - [Texas Trust Credit Union Reaches $2 Billion Milestone, Doubling in Size Since 2016](https://thecreditunionconnection.com/texas-trust-credit-union-reaches-2-billion-milestone-doubling-in-size-since-2016/): Texas Trust Credit Union is now a $2 billion institution, putting it among the top 225 credit unions in the nation based on asset size. - [Frontwave Credit Union Selects Empower, Black Knight\'s Cloud-based LOS, to Help Expand and Scale Mortgage Operations](https://thecreditunionconnection.com/frontwave-credit-union-selects-empower-black-knights-cloud-based-los-to-help-expand-and-scale-mortgage-operations/): Black Knight, Inc. has announced that Frontwave Credit Union, a growing credit union serving military and civilian communities in Southern California - [Pueblo Area Chapter of Credit Unions Celebrates Annual Meeting](https://thecreditunionconnection.com/pueblo-area-chapter-of-credit-unions-celebrates-annual-meeting/): The Pueblo Area Chapter of Credit Unions, comprised of eight unique and local Credit Unions, celebrated their Chapter Annual Meeting on Thursday, March 16th. - [Eltropy’s AI Platform Gets Smarter as Contact Center Demand Surges](https://thecreditunionconnection.com/eltropys-ai-platform-gets-smarter-as-contact-center-demand-surges/): Eltropy, the leading digital conversations platform for community financial institutions (CFIs), announced the latest upgrade of its Intelligent Virtual Agent (IVA) product designed for Contact Centers - [Coastal Credit Union Foundation Funds Two Habitat for Humanity Builds in Honor of Retiring CEO Chuck Purvis](https://thecreditunionconnection.com/coastal-credit-union-foundation-funds-two-habitat-for-humanity-builds-in-honor-of-retiring-ceo-chuck-purvis/): The Coastal Credit Union Foundation has granted $100,000 each to Habitat for Humanity of Orange County and Habitat for Humanity of Durham County to fund the building of two homes in honor of Coastal’s retiring CEO, Chuck Purvis and his wife, Gail Purvis. - [SchoolsFirst FCU Recognized as One of the Achievers 50 Most Engaged Workplaces® of 2023](https://thecreditunionconnection.com/schoolsfirst-fcu-recognized-as-one-of-the-achievers-50-most-engaged-workplaces-of-2023/): Award program honors SchoolsFirst FCU for their commitment to employee engagement! - [San Diego Wave FC and PenFed Credit Union Announce Multi-Year Partnership](https://thecreditunionconnection.com/san-diego-wave-fc-and-penfed-credit-union-announce-multi-year-partnership/): San Diego Wave FC and PenFed Credit Union Announce Multi-Year Partnership - [UMassFive Collecting Personal Care Items for Local Survival Centers](https://thecreditunionconnection.com/umassfive-collecting-personal-care-items-for-local-survival-centers/): During the month of March UMassFive College Federal Credit Union are holding a Personal Care Item Drive! - [National Cooperative Bank Provides a $5 Million Subordinated Debt Loan to Notre Dame Federal Credit Union](https://thecreditunionconnection.com/national-cooperative-bank-provides-a-5-million-subordinated-debt-loan-to-notre-dame-federal-credit-union/): National Cooperative Bank, a leading financial institution dedicated to providing banking solutions to cooperatives and socially responsible organizations nationwide, is pleased to announce a $5 million subordinated debt loan to Notre Dame Federal Credit Union - [OCCU Foundation invests in parenting education](https://thecreditunionconnection.com/occu-foundation-invests-in-parenting-education/): With a grant from OCCU Foundation, Eugene-based nonprofit Parenting Now is launching an updated Spanish-language edition of its flagship curriculum, “Make Parenting a Pleasure,” in March 2023. - [40 years and counting: First South Financial CEO and President, Dr. Craig Esrael, adds another 10 years to his record of \"Longest tenured CEO of a Top 10 banking institution in the entire region\"](https://thecreditunionconnection.com/40-years-and-counting-first-south-financial-ceo-and-president-dr-craig-esrael-adds-another-10-years-to-his-record-of-longest-tenured-ceo-of-a-top-10-banking-institution-in-the-entire-region/): Dr. Craig Esrael continues to lead the way, both at First South Financial and in the world of banking institutions. - [NW Plus CU Earns Juntos Avanzamos Designation](https://thecreditunionconnection.com/nw-plus-cu-earns-juntos-avanzamos-designation/): “Committed to serving and empowering Hispanic and immigrant consumers” - [NW Plus Credit Union has Given Back Over 2 Million Dollars to its Members in the Past 4 Years](https://thecreditunionconnection.com/nw-plus-credit-union-has-given-back-over-2-million-dollars-to-its-members-in-the-past-4-years/): Once again, NW Plus Credit Union is pleased to announce that on March 17th, 2023 our 4th annual Member Loyalty Bonus will disburse to over 9,100eligible members - [PCM Credit Union Announces Selection of New President/CEO](https://thecreditunionconnection.com/pcm-credit-union-announces-selection-of-new-presidentceo/): PCM Credit Union’s Board of Directors has named Shelly Mellenberger as its new president/CEO, - [NCUA Board Approves Final Subordinated Debt Rule to Support ECIP Participation](https://thecreditunionconnection.com/ncua-board-approves-final-subordinated-debt-rule-to-support-ecip-participation/): The National Credit Union Administration Board held its third open meeting of 2023 and approved a final rule on subordinated debt. - [PSCU Payments Index - March 2023 Edition](https://thecreditunionconnection.com/pscu-payments-index-march-2023-edition/): PSCU published the March edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions - [PenFed Foundation Provides $50,000 Grant to Our Military Kids to Increase Access to Extracurricular Activities](https://thecreditunionconnection.com/penfed-foundation-provides-50000-grant-to-our-military-kids-to-increase-access-to-extracurricular-activities/): Our Military Kids supports children of deployed service members in the National Guard, Reserve, or those with post-9/11 combat injuries The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its support of military families with a $50,000 grant to Our Military Kids, a charitable organization that provides activity grants to military children who have a parent that is either deployed with the National Guard or Reserve, or is a post-9/11 combat-injured service member. These families face unique stressors with limited support networks because they are often located in areas far from military bases and without access to […] - [NCUA Releases Q4 2022 State-level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q4-2022-state-level-credit-union-data-report/): Federally insured credit unions, overall, experienced continued growth in assets, shares and deposits, and loans during 2022 - [Members Trust Company Announces Appointment of Ken Lako as President and CEO](https://thecreditunionconnection.com/members-trust-company-announces-appointment-of-ken-lako-as-president-and-ceo/): Members Trust Company, a nationally chartered trust company that provides trust and investment services to credit union members throughout the - [Register Now for Ask the Fed Webinar on the Bank Term Funding Program](https://thecreditunionconnection.com/register-now-for-ask-the-fed-webinar-on-the-bank-term-funding-program/): The Federal Reserve is hosting a webinar today, March 15, at 1 p.m. Eastern time on its New Bank Term Funding Program. - [Why Are Millennials Using Credit Unions More Than Banks for Loans?](https://thecreditunionconnection.com/why-are-millennials-using-credit-unions-more-than-banks-for-loans/): Some Millennials are having debt troubles. Those who go into debt can sometimes work their way out of it. Others find themselves… - [Expedition Credit Union Unifies Digital and Phone on Single Platform with Glia](https://thecreditunionconnection.com/expedition-credit-union-unifies-digital-and-phone-on-single-platform-with-glia/): Expedition Credit Union has delivered a unified member service experience that supports all live engagements on the Glia Interaction Platform with Glia Call Center and Glia Digital Customer Service. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-drp4z/): Check out new hires, promotions, board appointments and awards. - [Indiana Members Credit Union Announces New Edgewood Schools Debit Card](https://thecreditunionconnection.com/indiana-members-credit-union-announces-new-edgewood-schools-debit-card/): Indiana Members Credit Union (IMCU) is pleased to announce it has partnered with Edgewood Schools (Ellettsville, Indiana) to offer a Mustang themed debit card. The partnership allows Edgewood fans the opportunity to show their school spirit and support by signing up for a Mustang themed debit card. Every time the card is used as a signature based transaction, Edgewood Schools benefit. The more cards that are in use, the larger the contribution. The IMCU Edgewood Schools debit card marks the 23rd school added to our debit card program. The card is available for issue to members at IMCU’s Ellettsville Branch, […] - [PenFed Credit Union Announces Partnership with Porsche Carrera Cup Series Driver Sabré Cook for the 2023 Season](https://thecreditunionconnection.com/penfed-credit-union-announces-partnership-with-porsche-carrera-cup-series-driver-sabr-cook-for-the-2023-season/): PenFed Credit Union announces partnership with Porsche Carrera Cup Series driver Sabré Cook for the 2023 season. - [Horizon Federal Credit Union Published Children’s Financial Literacy Book](https://thecreditunionconnection.com/horizon-federal-credit-union-published-childrens-financial-literacy-book/): Introducing strong financial literacy skills to children can be a challenging task. To reach this audience, education needs to be fun, meaningful, and relatable. - [Greater Commercial Lending Obligated More Than $811 Million in USDA-Guaranteed Loans in 2022](https://thecreditunionconnection.com/greater-commercial-lending-obligated-more-than-811-million-in-usda-guaranteed-loans-in-2022/): Greater Commercial Lending obligated more than $811 million in government-guaranteed U.S. Department of Agriculture commercial loans during fiscal year 2022. - [Your Marketing Co. Says Cheers to 15 Years of Serving Credit Unions!](https://thecreditunionconnection.com/your-marketing-co-says-cheers-to-15-years-of-serving-credit-unions/): Your Marketing Co. turns 15 in March, and to celebrate, the leading strategic planning, branding and marketing firm for credit unions that seek innovation, relevancy and growth, sipped and shipped champagne to all of its clients! - [Federal Reserve Board announces it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors](https://thecreditunionconnection.com/federal-reserve-board-announces-it-will-make-available-additional-funding-to-eligible-depository-institutions-to-help-assure-banks-have-the-ability-to-meet-the-needs-of-all-their-depositors/): To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure - [NCUA to Distribute $178 Million Under Corporate System Resolution Program](https://thecreditunionconnection.com/ncua-to-distribute-178-million-under-corporate-system-resolution-program/): NCUA is ready to pay out $178M to credit unions under the corporate credit union resolution program, a decade-long situation for credit unions. - [Mazuma Credit Union’s 2022 Give Back Exceeds $440,000 to Benefit Kansas Citians](https://thecreditunionconnection.com/mazuma-credit-unions-2022-give-back-exceeds-440000-to-benefit-kansas-citians/): Total includes 16 recently announced Mazuma Foundation Grants to local nonprofits - [State Employees’ Credit Union and SECU Foundation Receive Top Honors for Service and Social Responsibility Programs](https://thecreditunionconnection.com/state-employees-credit-union-and-secu-foundation-receive-top-honors-for-service-and-social-responsibility-programs/): State Employees’ Credit Union and the SECU Foundation were first-place recipients of two statewide Credit Union National Association awards, the Louise A. Herring Award for Philosophy in Action and the Dora Maxwell Social Responsibility Award, respectively. - [Eltropy Brings Sunshine to California Credit Unions with “Digital Conversations For CFIs” Tour of the Golden State](https://thecreditunionconnection.com/eltropy-brings-sunshine-to-california-credit-unions-with-digital-conversations-for-cfis-tour-of-the-golden-state/): Credit unions to discuss lending, cybersecurity, collections, fraud, labor shortages and other hot topics, March 16 at the Westin San Jose! - [Spring Forward with Wescom’s 9th Annual Daylight Saving Time Event: Continuing the Tradition of Gifting Southern Californians with Free Coffee](https://thecreditunionconnection.com/spring-forward-with-wescoms-9th-annual-daylight-saving-time-event-continuing-the-tradition-of-gifting-southern-californians-with-free-coffee/): Wescom helps take the pain out of losing an hour of sleep by picking up the tab at select The Coffee Bean & Tea Leaf® locations this Sunday, March 12 - [World Council of Credit Unions Strengthens Leadership](https://thecreditunionconnection.com/world-council-of-credit-unions-strengthens-leadership/): WOCCU welcomes three new international credit union leaders. - [Where have all the credit union leaders gone?](https://thecreditunionconnection.com/where-have-all-the-credit-union-leaders-gone/): From ‘war for talent’ to hiring freezes and layoffs - [Credit Union Assets, Shares, and Deposits Grow in Fourth Quarter](https://thecreditunionconnection.com/credit-union-assets-shares-and-deposits-grow-in-fourth-quarter/): “In terms of overall performance, federally insured credit unions remained on a solid footing last year. Total loans, assets, and insured shares increased, and capital levels remained strong,” NCUA Chairman Todd M. Harper said. - [Download The Free White Paper - 2023 Talent Outlook Hiring For Post-Pandemic Credit Union Success](https://thecreditunionconnection.com/2023-talent-outlook-hiring-for-post-pandemic-credit-union-success/): Factors affecting the state of hiring in 2023 include high inflation, a shrinking talent pool spurred on by the Great Resignation, a competitive hiring market with elevated salaries - [connectFirst Credit Union and Servus Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/connectfirst-credit-union-and-servus-credit-union-announce-intent-to-merge/): On March 3, 2023, the Board of Directors of Servus Credit Union and connectFirst announced an intent to merge the two organizations to benefit members, employees, and our Albertan communities, subject to satisfactory due diligence as well as member and regulatory approval. The announcement was made following initial discussions that commenced in late 2022 between the two boards and subsequent signing of a Memorandum of Understanding which charts the course for continued evaluation of this opportunity for each organization\’s members. The evaluation would explore how a merger could leverage combined expertise to deliver economies of scale, with an objective to […] - [Symmetry Lending Announces New HELOC Pricing](https://thecreditunionconnection.com/symmetry-lending-announces-new-heloc-pricing/): Symmetry Lending announces the following change in its pricing associated with piggyback and post-close Home Equity Line of Credit products for qualified buyers. - [Planning a Major Purchase? Remember Your A-B-Cs](https://thecreditunionconnection.com/planning-a-major-purchase-remember-your-a-b-cs/): SchoolsFirst FCU offers simple tips to plan a large purchase without ruining the budget - [PenFed Documentary Completes Tour After Selection in Eighteen Film Festivals Across the United States, Canada, and United Kingdom](https://thecreditunionconnection.com/penfed-documentary-completes-tour-after-selection-in-eighteen-film-festivals-across-the-united-states-canada-and-united-kingdom/): PenFed’s \"The Shot\" highlights a promising new PTSD treatment, following three recipients in the year after the procedure. - [Baker Hill Partners with Alloy to Help Financial Institutions Verify More Loan Applicants & Mitigate Fraud Risks](https://thecreditunionconnection.com/baker-hill-partners-with-alloy-to-help-financial-institutions-verify-more-loan-applicants-amp-mitigate-fraud-risks/): Baker Hill has partnered with Alloy to help financial institutions verify more prospective borrowers digitally and ensure compliance throughout the loan origination process. - [Elan Charitable Giving Program Surpasses $1 Million in Donations](https://thecreditunionconnection.com/elan-charitable-giving-program-surpasses-1-million-in-donations/): Elan has selected 25 new credit union partners to designate a charity in their community to receive a $15,000 donation on the credit union’s behalf - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-a8jy6-37c5j/): Check out new hires, promotions, board appointments and awards. - [Tower Federal Credit Union Welcomes James McHale as New SVP & CFO](https://thecreditunionconnection.com/tower-federal-credit-union-welcomes-james-mchale-as-new-svp-amp-cfo/): James McHale, Tower’s new Senior Vice President & Chief Financial Officer, is a strong supporter of the credit union industry and brings to Tower over 20 years of experience working with small- to large- credit unions nationwide - [USSFCU President & CEO Timothy L. Anderson Honored at AACUC Hall of Fame Ceremony](https://thecreditunionconnection.com/ussfcu-president-amp-ceo-timothy-l-anderson-honored-at-aacuc-hall-of-fame-ceremony/): United States Senate Federal Credit Union (USSFCU) President and CEO Timothy L. Anderson was among seven credit union leaders honored at the African American Credit Union Coalition\'s Hall of Fame - [One in 4 Vehicles Financed by Credit Unions in Q4 2022, as Consumers Search for Lower Interest Rates](https://thecreditunionconnection.com/one-in-4-vehicles-financed-by-credit-unions-in-q4-2022-as-consumers-search-for-lower-interest-rates/): In the fourth quarter of 2022, credit unions held the largest percentage of the vehicle finance market, for the first time. According to Experian’s State of the Automotive Finance Market Report: Q4 2022 - [CUNA GAC Wrapped Up in a Bow](https://thecreditunionconnection.com/cuna-gac-wrapped-up-in-a-bow/): …I can definitely say this: CUNA GAC was poppin’! - [CU Strategic Planning Clients Account for Majority of Credit Union FA Awards from CDFI Fund](https://thecreditunionconnection.com/cu-strategic-planning-clients-account-for-majority-of-credit-union-fa-awards-from-cdfi-fund/): CU Strategic Planning announced that the CDFI Fund financial awards applications it facilitated for its credit union clients made up 56% of all Financial Assistance awards to credit unions. - [uncommn Partners with Kiddie Kredit to Deliver Fresh Financial Education Opportunity to Credit Unions](https://thecreditunionconnection.com/uncommn-partners-with-kiddie-kredit-to-deliver-fresh-financial-education-opportunity-to-credit-unions/): uncommn, owner of the Dollar Dog Kids Club® and the preferred web development partner for innovative credit unions seeking to control their online presence, has partnered with Kiddie Kredit to offer the service at a discount to its credit union clients that use Dollar Dog. - [CFPB Announces Appointments of New Advisory Committee Members](https://thecreditunionconnection.com/cfpb-announces-appointments-of-new-advisory-committee-members/): The Consumer Financial Protection Bureau (CFPB) announced today the appointment of new members to the Consumer Advisory Board - [Affordable loans available to help with sewer repair or hook-up](https://thecreditunionconnection.com/affordable-loans-available-to-help-with-sewer-repair-or-hook-up/): Pennsylvania Infrastructure Investment Authority and the Pennsylvania Housing Finance Agency remind homeowners that they offer an affordable loan for the repair or replacement of on-lot septic systems and sewer laterals, or first-time sewer connection from an existing home. - [Braniff Airways Announces Agreement With Southwest Airlines Federal Credit Union](https://thecreditunionconnection.com/braniff-airways-announces-agreement-with-southwest-airlines-federal-credit-union/): Braniff Airways announces that the company’s current employees and retirees can join Southwest Airlines Federal Credit Union, marking the first time that any airline’s retirees can join the popular credit union. - [Kansas Teachers Community Credit Union Signs with Mahalo Banking to Modernize Digital Banking Platform Usability](https://thecreditunionconnection.com/kansas-teachers-community-credit-union-signs-with-mahalo-banking-to-modernize-digital-banking-platform-usability/): Kansas Teachers Community Credit Union announced the signing of a new partnership agreement with Mahalo Banking, a CUSO that provides… - [Tucson Unified School District Announced that Vantage West Credit Union has paid off $27,000 in student lunch debt](https://thecreditunionconnection.com/tucson-unified-school-district-announced-that-vantage-west-credit-union-has-paid-off-27000-in-student-lunch-debt/): Vantage West, one of Arizona’s largest credit unions, has paid off the total fall 2022 lunch debt for Tucson Unified School District students, alleviating a significant financial burden for 1,375 students and the district. - [FORUM Named a 2023 Best Place to Work in Indiana](https://thecreditunionconnection.com/forum-named-a-2023-best-place-to-work-in-indiana/): FORUM Credit Union was recently named one of the Best Places to Work in Indiana among large companies. - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-kg8wd/): Check out new hires, promotions, board appointments and awards. - [Sharetec Core Celebrates 25 Years of Service to 16 Credit Unions](https://thecreditunionconnection.com/sharetec-core-celebrates-25-years-of-service-to-16-credit-unions/): Sharetec Systems, a leading provider of innovative core processing software, celebrates the milestone of 16 credit unions and their partnership with Sharetec for over 25 years. - [Navy Federal Launches Member Strategy Office](https://thecreditunionconnection.com/navy-federal-launches-member-strategy-office/): Navy Federal Credit Union announced today the launch of a new Member Strategy Office as part of its continued commitment to provide outstanding member service. - [Co-op Solutions Introduces Co-op Pay Network to Help Credit Unions Optimize Debit Profitability](https://thecreditunionconnection.com/co-op-solutions-introduces-co-op-pay-network-to-helpnbspcredit-unions-optimize-debit-profitability/): To position credit unions to receive the most favorable debit point-of-sale terms, Co-op Solutions has formed a new debit POS network specifically for - [Black Dragon Capital℠ Forms New FinTech Fund Enabling Credit Unions to Participate and Benefit from Future Technologies](https://thecreditunionconnection.com/black-dragon-capital-forms-new-fintech-fund-enabling-credit-unions-to-participate-and-benefit-from-future-technologies/): Leading this innovative fund are two prominent names in the credit union and technology industries: Louis Hernandez, Jr. (right) and Benson Porter (left). - [Zest AI to Bring Fast, Fair Credit Access to Credit Unions of All Sizes](https://thecreditunionconnection.com/zest-ai-to-bring-fast-fair-credit-access-to-credit-unions-of-all-sizes/): Zest AI has announced that it has expanded its availability to its quick and equitable credit scoring software to credit unions under $300M in total assets, or $100M and under in consumer portfolio size. - [Pulsate Signs Partnership with CUNA Mutual Group](https://thecreditunionconnection.com/pulsate-signs-partnership-with-cuna-mutual-group/): Pulsate is pleased to announce its partnership with CUNA Mutual Group. The platform enables credit unions and community banks to grow wallet share - [Credit Unions Form CUSO to Access Prizeout’s Innovative Technology and Disrupt Traditional Banking Models](https://thecreditunionconnection.com/credit-unions-form-cuso-to-access-prizeouts-innovative-technology-and-disrupt-traditional-banking-models/): Prizeout Corp (Prizeout) has partnered with nine credit unions nationwide via a CUSO (credit union service organization), in order to provide them access to proprietary ad technology that will put more money - [Auto Link Introduces Side-by-Side Payment Comparisons for AFG Balloon Loan Program](https://thecreditunionconnection.com/auto-link-introduces-side-by-side-payment-comparisons-for-afg-balloon-loan-program/): Auto Link has unveiled an enhanced integration for Auto Financial Group clients. - [CDFI Advocate & Incoming Telhio CU CEO Advances Credit Union Leadership Diversity](https://thecreditunionconnection.com/cdfi-advocate-amp-incoming-telhio-cu-ceo-advances-credit-union-leadership-diversity/): CU Strategic Planning, the leading Community Development Financial Institution-certification and financial award consultants, applauded the $1.38 billion Telhio Credit Union board’s selection of Derrick Bailey as its incoming CEO. - [Co-op Solutions’ New Strategic Provider ProgramAdds NYDIG to Roster of Best-in-Class Partners](https://thecreditunionconnection.com/co-op-solutions-new-strategic-provider-programadds-nydig-to-roster-of-best-in-class-partners/): NYDIG Empowers Credit Union Members to Buy and Sell Digital Assets Through Trusted Source - [PSCU Named One of America\'s Best Midsize Employers by Forbes](https://thecreditunionconnection.com/pscu-named-one-of-americas-best-midsize-employers-by-forbes/): PSCU has been named to the Forbes list of America’s Best Midsize Employers 2023. - [Zia Credit Union Turns Members’ Heads to Grow Loans](https://thecreditunionconnection.com/zia-credit-union-turns-members-heads-to-grow-loans/): $200M CU earns 15.7% loan growth in 2022 - [9 Rules of Networking: CUNA GAC Edition](https://thecreditunionconnection.com/9-rules-of-networking-cuna-gac-edition/): Networking was the top reason we found (in our highly scientific LInkedIn poll) for attending CUNA’s Governmental Affairs Conference. These tips are great for anyone - especially those who feel a bit socially awkward. We feel ya. - [MidWest America Federal Credit Union Appoints David Shadburne as Next President and Chief Executive Officer](https://thecreditunionconnection.com/midwest-america-federal-credit-union-appoints-david-shadburne-as-next-president-and-chief-executive-officer/): MidWest America Federal Credit Union’s Board of Directors has announced the selection of their next President/Chief Executive Officer, David Shadburne - [Mahalo Banking Becomes First in Industry to Offer Comprehensive Neurodiversity Functionality to Credit Unions in Reimagined Platform](https://thecreditunionconnection.com/mahalo-banking-becomes-first-in-industry-to-offer-comprehensive-neurodiversity-functionality-to-credit-unions-in-reimagined-platform/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced the launch of its next-generation digital banking platform - [Point Breeze Credit Union Announces $60,000 in Donations to Baltimore-Area Hospitals](https://thecreditunionconnection.com/point-breeze-credit-union-announces-60000-in-donations-to-baltimore-area-hospitals/): Point Breeze Credit Union announced that it has donated $10,000 each to six local hospitals in the greater Baltimore region totaling $60,000 - [Coastal Credit Union Returned $71.4 Million to Members in 2022](https://thecreditunionconnection.com/coastal-credit-union-returned-714-million-to-members-in-2022/): $4 Million Loyalty Bonus dividend part of overall Member Giveback - [Redwood Credit Union Opens New Branch in West Petaluma](https://thecreditunionconnection.com/redwood-credit-union-opens-new-branch-in-west-petaluma/): Redwood Credit Union has opened its doors on a new, second Petaluma branch located at 1060 Petaluma Blvd. N. - [GTE Financial Announces Acquisition Of Local Insurance Group Serving Hispanic Community](https://thecreditunionconnection.com/gte-financial-announces-acquisition-of-local-insurance-group-serving-hispanic-community/): GTE Financial has acquired Blue Star Insurance Group Inc. The acquisition helps the credit union expand its insurance offerings into Tampa’s Hispanic market. - [GreenState Credit Union Issues First Credit Union Bond Supporting Social Objectives under International Capital Markets Association Social Bond Principles](https://thecreditunionconnection.com/greenstate-credit-union-issues-first-credit-union-bond-supporting-social-objectives-under-international-capital-markets-association-social-bond-principles/): GreenState issues $100 Million of Social Subordinated Notes in accordance with the GreenState Social Financing Framework, which ... - [Open Lending Extends Program to Older Vehicles to Support Today’s Car Buyer](https://thecreditunionconnection.com/open-lending-extends-program-to-older-vehicles-to-support-todays-car-buyer/): With the average age of vehicles financed jumping from 5.4 to 6.4 years for FICO scores below 640, vehicle age expansion enables auto loan growth in an uncertain market - [PSCU Payments Index - February 2023](https://thecreditunionconnection.com/pscu-payments-index-february-2023/): Today, PSCU published the February edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions make informed, strategic decisions on the road ahead. - [ampliFI Loyalty Solutions Partners with Visa to Launch the Visa Rewards Platform](https://thecreditunionconnection.com/amplifi-loyalty-solutions-partners-with-visa-to-launch-the-visa-rewards-platform/): ampliFI Loyalty Solutions, a market-leading provider of customized loyalty and engagement program solutions for financial institutions, has expanded their partnership with Visa - [U.S. Senate Federal Credit Union to Eliminate NSF and Overdraft Fees in Landmark Decision](https://thecreditunionconnection.com/us-senate-federal-credit-union-to-eliminate-nsf-and-overdraft-fees-in-landmark-decision/): Headlines have been swirling for months now around the topic of financial institutions and the fees they charge. As of late, non-sufficient funds or NFS fees and overdraft fees - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-a8jy6-bm3xj/): Check out new hires, promotions, board appointments and awards. - [Keeping the MSU Community in our Hearts & Minds](https://thecreditunionconnection.com/keeping-the-msu-community-in-our-hearts-amp-minds/): On Monday, February 13, Michigan State University Federal Credit Union was operating as it usually does. Below is a Facebook post from earlier in the day emblazoned with images of community support. Then Monday night … - [Over $1 million raised by Maine’s credit union network in 2022 to combat hunger!](https://thecreditunionconnection.com/over-1-million-raised-by-maines-credit-union-network-in-2022-to-combat-hunger/): Credit union representatives from across Maine came together today in Freeport to recognize the meaningful contributions their network made in 2022 to combat hunger. At a ceremony hosted by… - [National Credit Union Federation of Korea Aims to Accelerate Digital Financial Services in Caribbean Credit Union Sector Through Global Bridges’ Pilot Project](https://thecreditunionconnection.com/national-credit-union-federation-of-korea-aims-to-accelerate-digital-financial-services-in-caribbean-credit-union-sector-through-global-bridges-pilot-project/): From left: Denise Garfield (CCCU General Manager), Younsik Kim (NACUFOK Chair), Paul Treinen (WOCCU EVP) - [FORUM Credit Union Trusts in the Community to Help Shape Products and Services](https://thecreditunionconnection.com/forum-credit-union-trusts-in-the-community-to-help-shape-products-and-services/): FORUM Credit Union created the FORUM Advisory Council in 2012. It is comprised of FORUM members who are dedicated executives and business owners in the community - [SkyOne Federal Credit Union Partners with Evertreen.com to Combat Deforestation and Promote Habitat Protection Worldwide](https://thecreditunionconnection.com/skyone-federal-credit-union-partners-with-evertreencom-to-combat-deforestation-and-promote-habitat-protection-worldwide/): SkyOne Federal Credit Union announced its partnership with Evertreen.com, a trailblazer in technological advancements that allow individuals worldwide to contribute to the wellbeing of our planet. - [Alkami Research Identifies Consumer Financial Trends and Opportunities for Financial Institutions in State of the Industry Report](https://thecreditunionconnection.com/alkami-research-identifies-consumer-financial-trends-and-opportunities-for-financial-institutions-in-state-of-the-industry-report/): The 2023 Alkami Data Telemetry Report: State of the IndustrySM, Emerging Financial Institution Opportunities in an Uncertain Economy - [Former US Senator Pat Toomey Joins the Board of ampliFI Loyalty Solutions](https://thecreditunionconnection.com/former-us-senator-pat-toomey-joins-the-board-of-amplifi-loyalty-solutions/): ampliFI Loyalty Solutions has announced that former U.S. Senator Pat Toomey has joined its Board of Directors. - [NCUA Board Approves Request for Information on Climate Financial Risk](https://thecreditunionconnection.com/ncua-board-approves-request-for-information-on-climate-financial-risk/): The National Credit Union Administration Board held its fourth open meeting of 2023 and approved a request for information on climate-related financial risk - [VyStar Credit Union Announces Intent to Merge with 121 Financial Credit Union](https://thecreditunionconnection.com/vystar-credit-union-announces-intent-to-merge-with-121-financial-credit-union/): VyStar Credit Union announced today its intent to pursue a merger with 121 Financial Credit Union. Both headquartered in Jacksonville, Florida - [Superior Choice Credit Union Announces Opening of Rice Lake, Wisconsin Branch](https://thecreditunionconnection.com/superior-choice-credit-union-announces-opening-of-rice-lake-wisconsin-branch/): Superior Choice Credit Union announces the opening of a new branch in Rice Lake, Wisconsin. The newly built 8,000 square foot stand-alone building - [SnoCope CU VP of Lending Wins 2023 CUDE Scholarship from Prodigy](https://thecreditunionconnection.com/snocope-cu-vp-of-lending-wins-2023-cude-scholarship-from-prodigy/): Dustin Rohde, vice president of lending at $83.6 million SnoCope Credit Union in Everett, Wash., is the latest winner of a scholarship from Prodigy - [BCU and BCU Wealth Advisors, LLC, Partner with CUNA Mutual Group](https://thecreditunionconnection.com/bcu-and-bcu-wealth-advisors-llc-partner-with-cuna-mutual-group/): Wealth Management Solutions to Help Empower Member Financial Freedom - [Redwood Credit Union Wins Industry Marketing Awards](https://thecreditunionconnection.com/redwood-credit-union-wins-industry-marketing-awards/): Redwood Credit Union recently received two Diamond Awards at the annual Credit Union National Association Marketing & Business Development Council conference. - [SchoolsFirst Federal Credit Union Announces Participation in CHLA Walk & Play L.A. 2023](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-announces-participation-in-chla-walk-amp-play-la-2023/): SchoolsFirst Federal Credit Union announced that the Credit Union will participate in the Children’s Hospital Los Angeles Walk & Play L.A. 2023 - [NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks](https://thecreditunionconnection.com/ncua-research-examines-credit-union-exposure-to-climate-related-physical-risks/): The NCUA’s Office of the Chief Economist today released a Research Note finding that roughly one-quarter of all federally insured credit unions are in communities classified as having a relatively high or very high risk of experiencing negative effects due to natural hazards. - [11 Times More Deposits Gathered with Trellance’s Next Best Product](https://thecreditunionconnection.com/11-times-more-deposits-gathered-with-trellances-next-best-product/): MSU Federal Credit Union Achieves 11 Times More CD Deposits After Partnering with Trellance - [SouthCoast Federal Credit Union Signs New Ten-Year Agreement with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/southcoast-federal-credit-union-signs-new-ten-year-agreement-with-synergent-to-host-jack-henrys-symitar-core-processing-solution/): Synergent® is pleased to announce that SouthCoast FCU has renewed its relationship with Synergent, signing a 10-year agreement for hosted Jack Henry™ Symitar® core processing. - [MY CU Services Partners with CU*Answers on Managed Technology Services](https://thecreditunionconnection.com/my-cu-services-partners-with-cuanswers-on-managed-technology-services/): MY CU Services, the payment CUSO of Vizo Financial, and CU*Answers have deepened their strategic partnership to include managed technology services. - [GTE Financial Launches New Loan Program For Employees](https://thecreditunionconnection.com/gte-financial-launches-new-loan-program-for-employees/): GTE Financial continues to provide new and industry-leading benefits to its valued employees - [Kinecta Federal Credit Union Opens New Branch in the Historic Watts Community](https://thecreditunionconnection.com/kinecta-federal-credit-union-opens-new-branch-in-the-historic-watts-community/): Kinecta Federal Credit Union opened a new branch in the historic community of Watts in South Los Angeles. - [First U.S. Community Credit Union Announces New President & Chief Executive Officer](https://thecreditunionconnection.com/first-us-community-credit-unionannounces-new-president-amp-chief-executive-officer/): First U.S. Community Credit Union is pleased to announce the selection of Shonna Shearson as the credit union’s new President and Chief Executive Officer. - [PSCU Payments Index - April 2022 Edition](https://thecreditunionconnection.com/pscu-payments-index-april-2022-edition/): PSCU published the April edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. - [UMassFive Joins MassHousing Mortgage Program](https://thecreditunionconnection.com/umassfive-joins-masshousing-mortgage-program/): UMassFive College Credit Union announced that they are offering MassHousing loans to their members in partnership with Member Advantage Mortgage, their mortgage service organization - [Way.com Provides Drivers with Access to Competitive, Local Auto Financing from the Union Credit Marketplace](https://thecreditunionconnection.com/waycom-provides-drivers-with-access-to-competitive-local-auto-financing-from-the-union-credit-marketplace/): Union Credit and Way.com partner to deliver 6.5 million drivers healthy financial options from local credit unions, making car ownership affordable for all Americans - [Mazuma Credit Union Hosts CU Disrupt Innovation Challenge](https://thecreditunionconnection.com/mazuma-credit-union-hosts-cu-disrupt-innovation-challenge/): Mazuma Credit Union hosted its second annual CU Disrupt Innovation Challenge! - [Navy Federal Credit Union® Recognizes Top Performing Real Estate Companies Through the Realty Plus® Program](https://thecreditunionconnection.com/navy-federal-credit-union-recognizes-top-performing-real-estate-companies-through-the-realty-plus-program/): Navy Federal Credit Union is proud to announce the winners of the 2022 Navy Federal Credit Union SPIRIT Awards, presented by the Anywhere Leads Team March 2023. - [Puerto Rican Veterans Return from First Ever Honor Flight](https://thecreditunionconnection.com/puerto-rican-veterans-return-from-first-ever-honor-flight/): PenFed Credit Union donated $50,000 to Honor Flight Network to sponsor historic flight from San Juan to Washington, D.C. April 12-14, 2023 - [Hopewell Federal Credit Union Earns Community Development Certification](https://thecreditunionconnection.com/hopewell-federal-credit-union-earns-community-development-certification/): Hard-working members of Licking, Franklin and Delaware Counties have not received the economic opportunities they deserve. - [$41,000 Targeted for Turkish Agricultural Credit Cooperatives Devastated by February Earthquakes](https://thecreditunionconnection.com/41000-targeted-for-turkish-agricultural-credit-cooperatives-devastated-by-february-earthquakes/): WFCU is providing a $41,000 grant to Agricultural Credit Cooperatives of Turkey for the purchase of ten portable office units that will allow some of their credit cooperatives to resume operations that were halted by the February 6 earthquakes - [Denim with a Purpose: Giving Back in Style](https://thecreditunionconnection.com/denim-with-a-purpose-giving-back-in-style/): Gulf Winds and the National Association of Federally-Insured Credit Unions presented the Studer Family Children’s Hospital at Ascension Sacred Heart with a donation of $10,752 on April 4, 2023. - [CU Healthcare Coalition Returns More Than $1 Million to Its Members](https://thecreditunionconnection.com/cu-healthcare-coalition-returns-more-than-1-million-to-its-members/): The CU Healthcare Coalition announced it has returned more than $1 million in unused premiums to its members. - [AMOCO FCU Welcomed as Owner-Investor in CU Alliance CUSO](https://thecreditunionconnection.com/z19tzaql94240dcd3ifo6fcqpo6xtp/): “CU Alliance is excited to welcome AMOCO FCU to our family of owner credit unions.” Said Adrian Dominguez, President, and CEO for CU Alliance. - [United Federal Credit Union Focuses on Financial Literacy in Local Communities](https://thecreditunionconnection.com/united-federal-credit-union-focuses-on-financial-literacy-in-local-communities/): The basics of finances. Do you remember when you learned them? For the communities where United Federal Credit Union (United) is located, some of the information comes directly from Team United. - [Pocketnest Woos GenZ to Financial Planning](https://thecreditunionconnection.com/pocketnest-woos-genz-to-financial-planning/): Fintech partners with nationwide collegiate alumni credit union, AlumniFi Pocketnest, the female-founded financial wellness platform, today announces AlumniFi Credit Union as its partner in wooing the young-adult generation into financial planning with its intuitive mobile app and quirky approach to financial education. \”The transition from student to graduate is one of the biggest in an individual\’s life. The change in how they need to manage their finances is real, and many may be doing it for the first time on their own,\” said April M. Clobes, president and CEO, AlumniFi. \”AlumniFi can support them in that journey with accessible products, […] - [CDFI credit unions seeing a light at the end of the ‘pause’ tunnel](https://thecreditunionconnection.com/cdfi-credit-unions-seeing-a-light-at-the-end-of-the-pause-tunnel/): Even though the U.S. Treasury Department’s Community Development Financial Institutions Fund is still pausing its acceptance of new CDFI Fund certification applications, a handful of credit unions that had already applied have been approved. These are some of the first approvals in about a year CU Strategic Planning, a leading CDFI consultancy serving credit unions, had heard of. The Credit Union Connection learned of eight credit unions that have been approved as CDFIs so far in 2023, and Kitsap Credit Union announced that it has been approved for a $660,000 financial award from the CDFI Fund. Congratulations to these newly […] - [Lender Compliance Technologies to Lead NCUCA Roundtable at 2023 Conference](https://thecreditunionconnection.com/lender-compliance-technologies-to-lead-ncuca-roundtable-at-2023-conference/): Credit Union best practices for staying compliant with GAP cancellation and refund laws on the agenda Lender Compliance Technologies (LCT), the emerging leader in compliance software for voluntary protection product (VPP) cancellations and refunds, will lead a special roundtable at this year’s conference of the National Credit Union Collections Alliance (NCUCA). LCT and other industry experts will share valuable information to attending credit unions for staying compliant and safeguarding their reputation. “We’re grateful for the opportunity to join other industry experts to help credit unions navigate the current environment and introduce them to best practices for GAP cancellations and refunds. […] - [Desert Financial Credit Union Named Official Retail Banking Partner of Arizona State University](https://thecreditunionconnection.com/desert-financial-credit-union-named-official-retail-banking-partner-of-arizona-state-university/): Official ASU-branded debit cards coming soon Desert Financial Credit Union will expand its current partnership with Arizona State University (ASU) to become the university’s official retail banking partner on April 12, 2023. With the retail banking partnership in place, Desert Financial will be the exclusive provider of ASU-branded debit and credit cards and will run all on-campus bank branches and ATMs at ASU’s Downtown Phoenix, Polytechnic, Tempe and West campuses. Desert Financial is kicking off the expanded partnership with a $25,000 donation that will be used for equipment to aid in recovery and injury prevention across all Arizona State University […] - [USF Receives $1M Gift from USF Federal Credit Union, Elevating Longstanding Support](https://thecreditunionconnection.com/usf-receives-1m-gift-from-usf-federal-credit-union-elevating-longstanding-support/): The University of South Florida announced a more than $1 million gift, through a combination of scholarship endowments and title sponsorships of signature events, from USF Federal Credit Union. - [During Minnesota FoodShare Month TopLine Financial Credit Union Members and Employees Give Back to Local Twin Cities Communities](https://thecreditunionconnection.com/during-minnesota-foodshare-month-topline-financial-credit-union-members-and-employees-give-back-to-local-twin-cities-communities/): TopLine’s employees and members help fight hunger amid the rising demand at food shelves TopLine Financial Credit Union’s Food Drive held during the month of March for the MN FoodShare March Campaign benefited two local non-profits, Community Emergency Assistance Programs (CEAP) and Keystone Community Services. TopLine members and employees generously donated non-perishable food items of canned vegetables, soups, rice, and dry pasta to help fight hunger in our local communities. Employees were able to participate by donating non-perishable food items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to work.   TopLine and community members […] - [Career Growth for Credit Union Professionals](https://thecreditunionconnection.com/career-growth-for-credit-union-professionals-rslad-th3r7-76atj-32jzt/): Check out new hires, promotions, board appointments and awards. - [93% of CU Strategic Planning Applicants Win CDFI Equitable Recovery Program Grants](https://thecreditunionconnection.com/93-of-cu-strategic-planning-applicants-win-cdfi-equitable-recovery-program-grants/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund awarded grants totaling $1.73 billion to 603 CDFIs - [APL FCU Chooses PSCU for Card Processing and Contact Center Support](https://thecreditunionconnection.com/apl-fcu-chooses-pscu-for-card-processing-and-contact-center-support/): PSCU announced that APL Federal Credit Union (APL FCU) has chosen the CUSO to provide credit and debit card processing services and contact center support. - [Financial Plus Credit Union Expands Relationship with IMM, Adds IMM eReceiptsPlus](https://thecreditunionconnection.com/ck74s38bvm26x2w7mtswl9ekwa8041/): Financial Plus Credit Union Expands Relationship with IMM, Adds IMM eReceiptsPlus - [In Uncertain Economic Times, New Alliant Credit Union Survey Shows Millennials are the Most Fiscally Motivated and Responsible Generation](https://thecreditunionconnection.com/in-uncertain-economic-times-new-alliant-credit-union-survey-shows-millennials-are-the-most-fiscally-motivated-and-responsible-generation/): A new survey from Alliant Credit Union – a member-owned, digital-only financial institution headquartered in Chicago, Illinois – reveals millennials… - [Alloya Corporate FCU Acquires QCash Financial and Brings Automated Lending Solutions to Credit Unions](https://thecreditunionconnection.com/alloya-corporate-fcu-acquires-qcash-financial-and-brings-automated-lending-solutions-to-credit-unions/): Alloya acquired QCash Financial, LLC. QCash Financial has offered tech-forward and inclusive lending solutions as a wholly-owned credit union service organization (CUSO) of WSECU. - [CorePlus Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/coreplus-federal-credit-union-selects-upstart-for-personal-lending/): CorePlus Federal Credit Union announced that it has partnered with Upstart lending platform, to provide personal loans to better reach and serve more members. - [Your Marketing Co. Presents “Branding Your Credit Union to Stand Out”](https://thecreditunionconnection.com/your-marketing-co-presents-branding-your-credit-union-to-stand-out/): When Horizon Federal Credit Union CEO Justin Howard got fed up with sending his team to conferences only to return without having learned… - [SkyPoint FCU Announces Launch of Business Banking in Three Phases](https://thecreditunionconnection.com/skypoint-fcu-announces-launch-of-business-banking-in-three-phases/): After several years of planning, SkyPoint says ‘now is the time’ to answer members’ requests with an official Business Banking program. - [Pioneer Valley Credit Union Partners with Mahalo Banking to Accelerate Digital Transformation](https://thecreditunionconnection.com/pioneer-valley-credit-union-partners-with-mahalo-banking-to-accelerate-digital-transformation/): Pioneer Valley Credit Union (Pioneer Valley) has signed a partnership agreement with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions - [Commonwealth Credit Union Selects Shastic\'s Intelligent Process Automation Platform to Automate Operations](https://thecreditunionconnection.com/commonwealth-credit-union-selects-shastics-intelligent-process-automation-platform-to-automate-operations/): Commonwealth Credit Union has selected Shastic, an Intelligent Process Automation (IPA) platform provider for financial institutions, to increase efficiency and productivity across the organization’s operations. - [Minnequa Works Credit Union Overtime Checking Account Receives National Certification By Banking Advocates As Safe, Affordable Account](https://thecreditunionconnection.com/minnequa-works-credit-union-overtime-checking-account-receives-national-certification-by-banking-advocates-as-safe-affordable-account/): The Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification of Overtime Checking indicates that it meets over 25 features for safe and affordable consumer transaction accounts. - [Kitsap Credit Union Expands Its Reach for Those in Need of Financial Assistance with CDFI Designation Grant](https://thecreditunionconnection.com/kitsap-credit-union-expands-its-reach-for-those-in-need-of-financial-assistance-with-cdfi-designation-grant/): Kitsap Credit Union was awarded $660K from the CDFI Fund with help from CU Strategic Planning! - [Synergent Takes Home Three CUNA Diamond Awards for Marketing Excellence](https://thecreditunionconnection.com/synergent-takes-home-three-cuna-diamond-awards-for-marketing-excellence/): Synergent is pleased to announce it has been honored with three CUNA Marketing & Business Development Council Diamond Awards - [Bankjoy Announces Integration with Fiserv Portico](https://thecreditunionconnection.com/bankjoy-announces-integration-with-fiserv-portico/): Bankjoy today announced its integration with Fiserv Portico, a full-service account processing system. - [AI for Credit Union Marketing: trendy topic or transformative tool ?](https://thecreditunionconnection.com/ai-for-credit-union-marketing-trendy-topic-or-transformative-tool/): Chat AI for Credit Unions: Trendy or Transformative? - [Nymbus and Vantage West Credit Union Team Up to Launch a New Niche Digital Financial Brand](https://thecreditunionconnection.com/nymbus-and-vantage-west-credit-union-team-up-to-launch-a-new-niche-digital-financial-brand/): NYMBUS®, a provider of banking technology solutions, today announced Vantage West Credit Union has chosen its Launch product to… - [\'To My Jelly Bean\' Gives Regional and Community Banks and Credit Unions a Tribute](https://thecreditunionconnection.com/to-my-jelly-bean-gives-regional-and-community-banks-and-credit-unions-a-tribute/): Alkami Technology Inc., a cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced the launch of \"To My Jelly Bean.” - [Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions](https://thecreditunionconnection.com/union-credit-transunion-partner-to-provide-consumers-with-embedded-e-commerce-options-from-credit-unions/): Union Credit, a marketplace for credit unions to make firm, one-click credit offers at the point of purchase, today announced a partnership with TransUnion - [Credit Union SACTOWN Run Raises $210,800 for California & Nevada CMN Hospitals](https://thecreditunionconnection.com/credit-union-sactown-run-raises-210800-for-california-amp-nevada-cmn-hospitals/): Credit Union SACTOWN Run organizers proudly display this year’s check for $210,800 at the race’s starting line on Sunday April 2nd near the California State Capitol in Sacramento, CA - [TopLine Financial Credit Union’s Tom Smith Inducted Into the Credit Union House Hall of Leaders](https://thecreditunionconnection.com/topline-financial-credit-unions-tom-smith-inducted-into-the-credit-union-house-hall-of-leaders/): TopLine Financial Credit Union’s President and CEO, Tom Smith, was recently inducted into the Credit Union House Hall of Leaders in Washington D.C - [NCUA Opening 2023 CDRLF Grant Round May 1](https://thecreditunionconnection.com/ncua-opening-2023-cdrlf-grant-round-may-1/): Credit unions eligible for Community Development Revolving Loan Fund grants in 2023 can apply between May 1 and June 30 - [United Federal Credit Union Supports Marion City Schools Students to Launch Start-Up Coffee Shop](https://thecreditunionconnection.com/united-federal-credit-union-supports-marion-city-schools-students-to-launch-start-up-coffee-shop/): With the support of United Federal Credit Union, there’s a new place in town to grab a cup of coffee in the morning: Harding High School! - [Global Women’s Leadership Network Awards 12 Scholarships](https://thecreditunionconnection.com/global-womens-leadership-network-awards-12-scholarships/): Scholars to receive either in person or virtual engagement opportunities in 2023 Global Women’s Leadership Network (GWLN) on Monday awarded 12 scholarships to industry women, officially making them members of the Network and providing them with opportunities for professional development, networking and skill diversification. New in 2023, GWLN is giving recipients the ability to attend either an in-person engagement or year-long virtual education and networking events. The 2023 GWLN Scholarship recipients of the in-person engagement are Naddian Abraham-Damier, DominicaEvelyn Olunja, KenyaMercy Tumukunde, UgandaAna Martinez, USA They will receive the complimentary registration to the World Credit Union Conference (WCUC) in Vancouver, Canada, July 23-26, 2023, co-hosted […] - [Delta Community Announces Scholarship Recipients, Distributes $25,000 in Awards](https://thecreditunionconnection.com/delta-community-announces-scholarship-recipients-distributes-25000-in-awards/): Five Winners Selected in 18th Annual Scholarship Program - [Navy Federal Credit Union Recognized as a 2023 Fortune 100 Best Companies to Work For®](https://thecreditunionconnection.com/navy-federal-credit-union-recognized-as-a-2023-fortune-100-best-companies-to-work-for/): Navy Federal Credit Union Recognized as a 2023 Fortune 100 Best Companies to Work For® - [BayPort Credit Union Kicks off Financial Literacy Month with $100,000 Financial Wellness Giveaway](https://thecreditunionconnection.com/bayport-credit-union-kicks-off-financial-literacy-month-with-100000-financial-wellness-giveaway/): April is U.S. National Financial Literacy Month, and BayPort Credit Union is marking its commitment by kicking off a $100,000 Financial Wellness Giveaway! - [Collins Community Credit Union Upgrades to Baker Hill NextGen® in Expanded Relationship](https://thecreditunionconnection.com/collins-community-credit-union-upgrades-to-baker-hill-nextgen-in-expanded-relationship/): Collins Community Credit Union, which serves members throughout Iowa, upgrades to Baker Hill NextGen® for an end-to-end lending solution - [CUAC Helps 1ST Gateway CU Gain a Competitive Edge in the Market](https://thecreditunionconnection.com/cuac-helps-1st-gateway-cu-gain-a-competitive-edge-in-the-market/): In 2019, 1st Gateway Credit Union began the search for a new partner for their indirect lending solution… - [Iowa Credit Union Foundation Releases New Report on Economic Realities of Communities of Color in Iowa](https://thecreditunionconnection.com/iowa-credit-union-foundation-releases-new-report-on-economic-realities-of-communities-of-color-in-iowa/): The Iowa Credit Union Foundation (ICUF) released a new report titled “The Economic Realities of Communities of Color in Iowa” - [SavvyMoney and Credit Union of Southern California Report Astounding Success With New Pre-Approval Marketing Solution](https://thecreditunionconnection.com/savvymoney-and-credit-union-of-southern-california-report-astounding-success-with-new-pre-approval-marketing-solution/): SavvyMoney and Credit Union of Southern California (CU SoCal), a mission-driven organization focused on improving the lives of its members - [PSCU Introduces New Intelligent Fraud Decisioning Solution](https://thecreditunionconnection.com/pscu-introduces-new-intelligent-fraud-decisioning-solution/): PSCU announced the introduction of its new Intelligent Fraud Decisioning solution. Utilizing cognitive artificial intelligence (AI) and advanced data analytics - [CFPB Issues Guidance to Address Abusive Conduct in Consumer Financial Markets](https://thecreditunionconnection.com/cfpb-issues-guidance-to-address-abusive-conduct-in-consumer-financial-markets/): The Consumer Financial Protection Bureau (CFPB) issued a policy statement that explains the legal prohibition on abusive conduct - [Richmond City Employees Federal Credit Union Merges into Kemba Credit Union](https://thecreditunionconnection.com/richmond-city-employees-federal-credit-union-merges-into-kemba-credit-union/): Richmond City Employees Federal Credit Union, of Richmond, Indiana, has merged into Kemba Credit Union, of West Chester, Ohio, effective April 1, 2023 - [Financial Plus Credit Union Celebrates New Brand with Ribbon-Cutting Ceremony](https://thecreditunionconnection.com/financial-plus-credit-union-celebrates-new-brand-with-ribbon-cutting-ceremony/): Financial Plus Credit Union hosted a ribbon-cutting ceremony at its Fenton location to celebrate a redesigned branch reflecting the organization’s new look. - [Credit Unions Raise $450,000 for Children’s Miracle Network Hospitals at 50th Credit Union Cherry Blossom 10 Mile & 5K](https://thecreditunionconnection.com/credit-unions-raise-450000-for-childrens-miracle-network-hospitals-at50th-credit-union-cherry-blossom-10-mile-amp-5k/): Of the total donated to CMN Hospitals, over $200,000 was raised by runners, their families and friends. Since credit unions became the title sponsors in 2002 - [New Report from EVERFI Reveals Low Levels of Preparedness and Critical Need for Financial Education](https://thecreditunionconnection.com/new-report-from-everfi-reveals-low-levels-of-preparedness-and-critical-need-for-financial-education/): EVERFI, Inc. released new survey results revealing the overwhelming need for financial literacy education in K-12 schools. - [BCU NAMED 2023 GALLUP EXCEPTIONAL WORKPLACE AWARD WINNER](https://thecreditunionconnection.com/bcu-named-2023-gallup-exceptional-workplace-award-winner/): BCU is honored to have earned the 2023 Gallup Exceptional Workplace Award (GEWA). This award recognizes the most engaged workplace cultures in the world - [Crowe expands banking technology with Crowe CX for Commercial Lending](https://thecreditunionconnection.com/crowe-expands-banking-technology-with-crowe-cx-for-commercial-lending/): Expanding on its financial services technology offerings, Crowe LLP, an accounting, consulting and technology firm in the U.S. with offices around the world - [Finalytics.ai Congratulates Visions FCU on Celent Model Bank Award for Member Engagement Win](https://thecreditunionconnection.com/finalyticsai-congratulates-visions-fcu-on-celent-model-bank-award-for-member-engagement-win/): Finalytics.ai powers segment-of-one digital experiences for community financial institutions. Finalytics.ai announced today - [BayPort Credit Union Wins Two CUNA Diamond Awards for Creative Excellence in Marketing](https://thecreditunionconnection.com/bayport-credit-union-wins-two-cuna-diamond-awards-for-creative-excellence-in-marketing/): BayPort Credit Union today announced it was honored with two Diamond Awards by the Credit Union National Association (CUNA) Marketing and Business Development Council. - [PrimeWay Hosts NCUA Chairman Todd Harper](https://thecreditunionconnection.com/primeway-hosts-ncua-chairman-todd-harper/): PrimeWay Federal Credit Union, a minority designated credit union, recently welcomed the National Credit Union Administration (NCUA) Chairman - [California Credit Unions Stand Out in Today’s Banking Turmoil](https://thecreditunionconnection.com/california-credit-unions-stand-out-in-todays-banking-turmoil/): As members of Congress discuss U.S. banking system “liquidity” with federal regulators in committee meetings this week - [Vizo Financial Receives 2023 Gallup Exceptional Workplace Award](https://thecreditunionconnection.com/vizo-financial-receives-2023-gallup-exceptional-workplace-award/): Vizo Financial Corporate Credit Union, a state-chartered corporate credit union that serves 1,100 credit unions throughout the U.S. and Canada - [CUNA Responds to CFPB Section 1071 Small Business Lending Final Rule](https://thecreditunionconnection.com/cuna-responds-to-cfpb-section-1071-small-business-lending-final-rule/): The Consumer Financial Protection Bureau (CFPB) released its final rule on section 1071 of the Dodd-Frank Act Thursday, which would require credit unions to - [Home Mortgage Disclosure Act Data Collection Requirements for Calendar Year 2023](https://thecreditunionconnection.com/home-mortgage-disclosure-act-data-collection-requirements-for-calendar-year-2023/): If your credit union makes residential mortgage loans and meets all four criteria outlined below, you must comply with the Consumer Financial Protection Bureau’s (CFPB) Regulation C, - [CFPB Finalizes Rule to Create a New Data Set on Small Business Lending in America](https://thecreditunionconnection.com/cfpb-finalizes-rule-to-create-a-new-data-set-on-small-business-lending-in-america/): The Consumer Financial Protection Bureau (CFPB) has finalized a rule required by Congress to increase transparency in small business lending - [Origence Presented with NACUSO’s Prestigious 2023 CUSO of the Year – Distinguished Service Award](https://thecreditunionconnection.com/origence-presented-with-nacusos-prestigious-2023-cuso-of-the-year-distinguished-service-award/): Origence received the 2023 Credit Union Service Organization (CUSO) of the Year – Distinguished Service award from the National Association of Credit Union Service Organizations (NACUSO). - [Alliant Credit Union CEO Dennis Devine Appointed To Co-op Solutions Board of Directors](https://thecreditunionconnection.com/alliant-credit-union-ceo-dennis-devine-appointednbspto-co-op-solutions-board-of-directors/): Dennis Devine, President/CEO of Alliant Credit Union of Chicago, Illinois, has been appointed to the Co-op Solutions Board of Directors. - [Best of Q1: Credit Unions Seek Opportunities, Winners and Innovation](https://thecreditunionconnection.com/best-of-q1-credit-unions-seek-opportunities-winners-and-innovation/): As I started digging into what credit union executives have been reading on The Credit Union Connection, I can see that #creditunions are looking to the future… - [Financial Plus Credit Union Employee WinsNational Marketing Award](https://thecreditunionconnection.com/financial-plus-credit-union-employee-winsnational-marketing-award/): Financial Plus Credit Union’s Director of Marketing, Rachel Mouser, has been named the 2023 Credit Union National Association’s (CUNA) Marketing Professional of the Year - [FINBOA to Demonstrate Intelligent Automation at Alkami Co:lab](https://thecreditunionconnection.com/finboa-to-demonstrate-intelligent-automation-at-alkami-colab/): FINBOA, Inc., a leading innovator in intelligent process automation software for financial institutions will be sponsoring and exhibiting at this year\'s Alkami Co:lab event in Grapevine, Texas, April 3-5 - [Credit Union & Fintech Opportunity in Silicon Valley Bank Failure](https://thecreditunionconnection.com/credit-union-amp-fintech-opportunity-in-silicon-valley-bank-failure/): Silicon Valley Bank’s failure was both a case of what not to do in banking and what credit unions can do more - serve underserved markets, like fintechs and businesses in general. - [CUNA Marketing Council Names Rachel Bond Community Outreach Professional of the Year](https://thecreditunionconnection.com/cuna-marketing-council-names-rachel-bond-community-outreach-professional-of-the-year/): Rachel Bond with Greater Texas Credit Union was recognized as the Community Outreach Professional of the Year by the CUNA Marketing Council during its annual award dinner in Florida. - [PSCU Supports Children\'s Miracle Network Hospitals, CU Advocacy as CU Cherry Blossom Ten Mile Run Lead Sponsor](https://thecreditunionconnection.com/pscu-supports-childrens-miracle-network-hospitals-cu-advocacy-as-cu-cherry-blossom-ten-mile-run-lead-sponsor/): PSCU will come together with credit unions, industry volunteers and members of Congress to support Children\'s Miracle Network Hospitals - [Genisys Credit Union Ranked in Top 10 of Best Performing Credit Unions by S&P Global Market Intelligence](https://thecreditunionconnection.com/genisys-credit-union-ranked-in-top-10-of-best-performing-credit-unionsnbspby-sampp-global-market-intelligence/): Genisys Credit Union has been named 14th in the Top 50 of “Top-Performing” Credit Unions in the United States by S&P Global Market Intelligence. - [Navy Federal Credit Union Selects Blend to Power Deposit Accounts](https://thecreditunionconnection.com/navy-federal-credit-union-selects-blend-to-power-deposit-accounts/): Nation’s Largest Credit Union Selects Blend’s Deposit Account Product and Builder Platform to Streamline Account Openings - [4Front CU expands MemberPass® authentication solution, powered by Entersekt, to bring biometric authentication to members for online and mobile banking](https://thecreditunionconnection.com/4front-cu-expands-memberpass-authentication-solutionpowered-by-entersekt-to-bring-biometric-authentication-to-members-for-online-and-mobile-banking/): Bonifii announces today that 4Front CU has expanded its MemberPass authentication solution, that is powered by Entersekt, to bring biometric - [OCCU piloting four-day, 32-hour workweek](https://thecreditunionconnection.com/occu-piloting-four-day-32-hour-workweek/): OCCU is one of the first U.S. credit unions to engage in a pilot program to test the benefits of a four-day, 32-hour workweek with its inbound call center team. - [DCUC Hosts Third Annual Hawaii Sub-council Luncheon](https://thecreditunionconnection.com/dcuc-hosts-third-annual-hawaii-sub-council-luncheon/): DCUC hosted its third annual Hawaii Sub-council luncheon at the Pacific Club in Honolulu, Hawaii - [Solidarity Community Federal Credit Union to Implement Empower, Black Knight\'s Cloud-based LOS, and Suite of Integrated Origination Solutions](https://thecreditunionconnection.com/solidarity-community-federal-credit-union-to-implement-empower-black-knights-cloud-based-los-and-suite-of-integrated-origination-solutions/): Solidarity selected the high-performance, cloud-based Empower LOS for its comprehensive capabilities and ability to scale to support the credit union\'s growth - [Move to 100% Virtual Drives Move to Tyfone for Southwest Financial](https://thecreditunionconnection.com/move-to-100-virtual-drives-move-to-tyfone-for-southwest-financial/): Southwest Financial planned to close its lone branch at its headquarters when Covid hit… - [FedChoice Federal Credit Union Expands Use of MeridianLink One, Going Live With MeridianLink Insight](https://thecreditunionconnection.com/fedchoice-federal-credit-union-expands-use-of-meridianlink-one-going-live-with-meridianlink-insight/): Credit Union uncovers high-value customer segments for accelerated loan decisioning using MeridianLink Insight - [Hawaii State FCU has Announces Free Financial Education Offerings Available from April to June](https://thecreditunionconnection.com/hawaii-state-fcu-has-announces-free-financial-education-offerings-available-from-april-to-june/): Financial Education Webinars are free and open to the public! - [Adults Recovering from Addiction or Incarceration to Benefit from SECU Foundation Grant](https://thecreditunionconnection.com/adults-recovering-from-addiction-or-incarceration-to-benefit-from-secu-foundation-grant/): Hope Restorations to Replicate its Lenoir County Program in Pitt and Wayne Counties - [Study Reveals How the Data & AI Revolution Will Drive Digital Banking Growth](https://thecreditunionconnection.com/banking-transformed-white-paper-state-of-digital-sales-and-engagement-in-banking/): The Alkami-commissioned report examines how financial institutions can increase engagement across the entire account holder journey to drive growth. - [Lone Star Credit Union Takes to the Cloud and Blockchain for Secure and Streamlined Banking Solutions](https://thecreditunionconnection.com/lone-star-credit-union-takes-to-the-cloud-and-blockchain-for-secure-and-streamlined-banking-solutions/): Becky takes on technology in a Texas-sized way. In addition to running her credit union, she’s credited with… - [Vizo Financial’s Highly-Anticipated Annual Hot Dog Eating Contest Turns Ten](https://thecreditunionconnection.com/vizo-financials-hot-dog-eating-contest-turns-ten/): Vizo Financial’s annual Hot Dog Eating Contest for Children’s Miracle Network Hospitals is turning ten! - [GTE Financial Honored As Silver and Bronze Stevie Award Winner In 2023 American Business Awards](https://thecreditunionconnection.com/gte-financial-honored-stevie-award-winner/): Tampa Bay’s locally owned and operated credit union, GTE Financial, was named the winner of a Silver and Bronze Stevie® Award in the Achievement in… - [Cue The Confetti - BCU Celebrates Its Newest Branch With Grand Opening Event](https://thecreditunionconnection.com/bcu-grand-opening/): BCU’s Golden Valley Branch, centrally located within the Twin Cities, opened earlier this year and now that the Minnesota weather is warming, there is a lot to celebrate! - [Arteria AI Partners With Compliance Systems to Provide Enhanced Digital Documentation Processes For Community Banks and Credit Unions](https://thecreditunionconnection.com/z2wp1l3csu0nzso6xr9lmhwc4fsvlh/): Arteria AI announced its strategic partnership with Compliance Systems to introduce an integrated solution to address the needs for better documentation processes for today’s community financial institutions. - [Peach State FCU C.A.R.E.S. Foundation Awards Over $230,000 in Scholarships and Educational Grants](https://thecreditunionconnection.com/peach-state-fcu-scholarships-2023/): The Peach State FCU C.A.R.E.S. Foundation is honored to announce the recipients of its 2023 scholarship program… - [Co-op Solutions White Paper Points to ‘Compelling Golden Opportunity’ for Credit Unions](https://thecreditunionconnection.com/co-op-solutions-white-paper-points-to-compelling-golden-opportunity-for-credit-unions/): In response to ongoing financial uncertainty, consumers are looking for reassurance in the form of convenient financial solutions that balance - [16 Credit Union Professionals Made Big Moves into New Careers](https://thecreditunionconnection.com/16-career-moves-in-cus/): PenFed hired a new CFO and Executive Vice President, Financial Center First Credit Union is making significant investments in a new senior leadership team, Origence has announced new appointments to their board of directors and much more… - [Baby Supplies Donated by TopLine Financial Credit Union Members and Employees](https://thecreditunionconnection.com/vfjxn27fz50semz0w5wm7u1ichxmf1/): TopLine Financial Credit Union’s baby care supply drive benefited three local non-profits, Avenues for Youth, Keystone Community Services and YMCA of the North Youth and Family Services. - [Higher Interest Rates, Ease of Moving Money Drive Higher Customer Satisfaction with Online-Only Banks, J.D. Power Finds](https://thecreditunionconnection.com/co3b83kvc82vuuv69kmtoyxtr8dj2y/): If there is one silver lining to the constant forward march of inflation and rising interest rates, it can be found in the direct banking sector, in which customer satisfaction with online-only banks is climbing steadily. - [First Commonwealth Federal Credit Union And Bellco Federal Credit Union Announce Intent To Merge](https://thecreditunionconnection.com/first-commonwealth-fcu-bellco-fcu-merge/): Reaffirming their commitments to improve member financial wellbeing and investing in their communities, First Commonwealth FCU and Bellco FCU have jointly agreed to merge, pending approval from the NCUA, and Bellco\'s membership. - [PSCU Payments Index - May 2023 Edition](https://thecreditunionconnection.com/pscu-payments-index-may-2023-edition/): Today, PSCU published the May edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions - [MDT Partners with FI MarketScan Advisors, Inc](https://thecreditunionconnection.com/mdt-partners-with-fi-marketscan-advisors-inc/): Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for - [U.S. Senate Federal Credit Union Honors the U.S. Capitol Police on Peace Officers Memorial Day](https://thecreditunionconnection.com/us-senate-federal-credit-union-honors-the-us-capitol-police-on-peace-officers-memorial-day/): From left to right: Milton Aguilar-Bolanos (USSFCU), Shannon Kingsbury (U.S. Capitol Police) & DK Kang (Chick-fil-a) - [NCUA Chairman Harper Testifies Before the U.S. House Committee on Financial Services](https://thecreditunionconnection.com/ncua-chairman-harper-testifies-before-the-us-house-committee-on-financial-services/): National Credit Union Administration Chairman Todd M. Harper, along with other financial regulatory agency principals, testified today at a hearing before the U.S. House Committee on Financial Services. - [ACI Worldwide Certified on FedNow, Integrating Corporate One FCU on ACI Real-Time Payments Cloud](https://thecreditunionconnection.com/aci-worldwide-certified-on-fednow-integrating-corporate-one-fcu-on-aci-real-time-payments-cloud/): ACI Worldwide today announced that it is among the first in the payments industry to complete testing and certification for the FedNow℠ Service - [CUSO Financial Announces New Partnership with Mobiloil Credit Union](https://thecreditunionconnection.com/cuso-financial-announces-new-partnership-with-mobiloil-credit-union/): CUSO Financial Services, L.P., a subsidiary of Atria Wealth Solutions, Inc., announces a multi-year agreement with Mobiloil Credit Union (Mobiloil) to support and grow its wealth management program - [Castlelake Reaches Purchase Agreement for up to $4 Billion of Consumer Installment Loans Originated on Upstart\'s Platform](https://thecreditunionconnection.com/castlelake-upstarts-platform/): Castlelake, together with a co-investor and minority partner Eltura Capital Management, has reached an agreement to purchase up to $4 billion of consumer installment loans from Upstart - [Pagaya’s Centralized AI-Powered Network Facilitates Credit Union’s Access to Capital from Leading Alternative Investment Firms](https://thecreditunionconnection.com/pagayas-centralized-ai-powered-network-facilitates-credit-unions-access-to-capital-from-leading-alternative-investment-firms/): Angelo Gordon, ATLAS SP Partners, and Värde Partners to Provide Liquidity through Pagaya Network for Multi-Billion Dollar Credit Union Amid Market Uncertainty - [Jack Henry Expands Real-Time Payments Presence with the New FedNow Service](https://thecreditunionconnection.com/jack-henry-expands-real-time-payments-presence-with-the-new-fednow-service/): Jack Henry™ announced today that it is operationally ready to support the launch of the Federal Reserve\'s real-time payments network - [FORUM Credit Union Places 14th on Indiana’s Best Places to Work List](https://thecreditunionconnection.com/forum-credit-union-on-indianas-best-places-to-work/): FORUM Credit Union recently placed fourteenth among large companies for the Indiana Chamber of Commerce’s 2023 Best Places to Work. - [Worldwide Foundation for Credit Unions to Welcome 18 New I-CUDEs](https://thecreditunionconnection.com/welcome-18-new-i-cudes/): Worldwide Foundation for Credit Unions will recognize 18 people from seven countries as the International Credit Union Development Educator Class of 2023 at a special event held in conjunction with the 2023 World Credit Union Conference - [Auto Financial Group Announces Q1 2023 Results](https://thecreditunionconnection.com/auto-financial-group-announces-q1-2023-results/): – Auto Financial Group (AFG), one of the nation\’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2023 today. In Q1 2023, AFG signed four new credit unions to its Walk-Away Balloon Lending Program including Community Resource Credit Union, Foothills Credit Union, and West Texas Credit Union. These four credit unions represent combined assets of $388 million and a reach increase of over 2 million consumers across four states. In Q1 2023, AFG signed four new credit unions to its Walk-Away Balloon Lending Program. \”For Foothills Credit Union, we were looking to add […] - [Financial Plus Credit Union Receives Co-op Miracle Match for Hurley Children’s Hospital](https://thecreditunionconnection.com/fpcu-co-op-solutions-hospitals/): Financial Plus Credit Union donated $2,000 to the Hurley Foundation in celebration of Children’s Hospitals Week, and this week Co-op’s Miracle Match program pledged to match that donation. - [PenFed Credit Union Recognized with Easterseals Advocacy Award for Supporting People with Disabilities, Including Military Families](https://thecreditunionconnection.com/penfed-easterseals/): PenFed was honored as the Corporate Advocate for demonstrating an exemplary commitment to advancing opportunities for children and adults with disabilities, including military families. - [California Credit Union Receives Certification For Safe, Affordable Checking Account For Underbanked Californians](https://thecreditunionconnection.com/california-credit-union-checking/): Credit Union\'s Checking Account Meets Robust National Bank On Standards for Safe Accounts - [BayPort Foundation Receives $20,000 from Zennify to Support Financial Education and Wellness](https://thecreditunionconnection.com/bayport-foundation-receives-20000-from-zennify-to-support-financial-education-and-wellness/): Pictured above from left to right: Jim Mears, BayPort Credit Union and Nick Burggraf, Zennify Sr Account Executive - [Eltropy Expands Video Notary Footprint to 21 States, Speeding Up the Loan Approval Process](https://thecreditunionconnection.com/dk594n506w7jktbmsnlljgpp65la93/): Washington becomes the latest state of 21 to approve Video Notary – part of Eltropy’s industry-leading digital conversations platform - [Navy Federal Credit Union is Celebrating Its 90th Anniversary by Donating $90,000 to Military Communities](https://thecreditunionconnection.com/navy-federal-credit-union-is-celebrating-its-90th-anniversary-by-donating-90000-to-military-communities/): Championing community and philanthropic giving are some of the many ways that Navy Federal Credit Union serves its global membership base. - [United Federal Credit Union Partners with MSHDA to Offer Down Payment Assistance to Michigan Mortgage Borrowers](https://thecreditunionconnection.com/0qrjoj9bokkrsu7cujl28hrx6nnda9/): To help borrowers reach their homeownership goals, United FCU has become an official partner of the MSHDA mortgage assistance down payment program. - [Shield Compliance Partners with Lighthouse Biz Solutions to Enhance its Cannabis Banking Program](https://thecreditunionconnection.com/cannabanking/): Shield Compliance announced a partnership with Lighthouse Biz Solutions to further enhance their cannabis banking program… - [Pantego Welcomes New Branch ofTexas Trust Credit Union](https://thecreditunionconnection.com/pantego-welcomes-new-branch-oftexas-trust-credit-union/): The Town of Pantego is now home to a branch of Texas Trust Credit Union - [Allied Payment Network Announces Integration With Q2\'s Digital Banking Platform](https://thecreditunionconnection.com/allied-payment-network-announces-integration-with-q2s-digital-banking-platform/): Allied Payment Network, Inc. announced an integration with Q2\'s Digital Banking Platform, via the Q2 Partner Accelerator Program. - [Boost.ai Unveils Large Language Model Enhancements to Conversational AI Platform](https://thecreditunionconnection.com/boostai-unveils-large-language-model-enhancements-to-conversational-ai-platform/): Boost.ai, a leading conversational AI solution provider, today announced Version 12 of its platform, the first of a series of planned updates - [CUNA Announces Constant Joins as Newest Associate Business Member](https://thecreditunionconnection.com/cuna-announces-constant-joins-as-newest-associate-business-member/): Constant is a leading loan management software fintech that helps credit unions move to a more self-service dominated approach for loan servicing - [Increasing Number of Consumers See Finances as a Significant Source of Stress](https://thecreditunionconnection.com/wrbtwtdaxr3sp9dor27jbjuyf2ung8/): Affinity Credit Union’s Wellbeing and Your Wallet Index of NJ, NY, CT and PA adults shows the majority have a negative outlook on economy over the next 12 months - [CU Alliance Announces Partnership with Credit Unions First](https://thecreditunionconnection.com/emd8ed2c9846282equjhmx4zbussa6/): CU Alliance is pleased to announce its partnership with Credit Unions First… - [FICO Launches Inclusion Accelerator Program and Financial Inclusion Lab to Help Advance Lender Financial Inclusion Initiatives](https://thecreditunionconnection.com/na7gl9h16osdx5c6a5waa8he19aij4/): Representing the next phase of FICO’s longstanding commitment to financial inclusion innovation, these programs make it easy for the market to rapidly test and adopt alternative data solutions - [Pure IT and Envisant Partner to Offer Cloud Technology to Credit Unions](https://thecreditunionconnection.com/pure-it-and-envisant-partner-to-offer-cloud-technology-to-credit-unions/): CUSOs Envisant and Pure IT have partnered to create Cloud+Union, a bundled service offering for small credit unions across the nation to transition away from - [CUNA, League-Supported Bipartisan CDFI Fund Transparency Bill Introduced](https://thecreditunionconnection.com/cuna-league-supported-bipartisan-cdfi-fund-transparency-bill-introduced/): Reps. John Rose, R-Tenn., and Brittany Pettersen, D-Colo., introduced CUNA and League-backed legislation that would require Congressional testimony - [Origence and Zest AI introduce Zest Auto, the AI-automated underwriting technology for credit unions](https://thecreditunionconnection.com/origence-and-zest-ai-introduce-zest-auto-the-ai-automated-underwriting-technology-for-credit-unions/): Origence and Zest AI have announced the launch of Zest Auto, the AI-automated underwriting model for credit union automotive lenders - [CASHCOWRewards® Announces Integration With Q2’s Digital Banking Platform](https://thecreditunionconnection.com/cashcowrewards-announces-integration-with-q2s-digital-banking-platform/): CASHCOWRewards®, a merchant-funded cash-back rewards program, today announced its integration with Q2’s Digital Banking Platform - [United Bay Community Credit Union Earns DEIBA Certification from CU Strategic Planning](https://thecreditunionconnection.com/united-bay-community-credit-union-earns-deiba-certification-from-cu-strategic-planning/): United Bay Community Credit Union has been on an extensive journey toward gaining understanding of the elements of Diversity, Equity, Inclusion, - [Vizo Financial Prioritizes Staff Wellbeing Ahead ofMental Health Awareness Month](https://thecreditunionconnection.com/vizo-financial-prioritizes-staff-wellbeing-ahead-ofmental-health-awareness-month/): May is Mental Health Awareness Month, and Vizo Financial got a jump start on the celebrations with various wellness initiatives - [State Employees’ Credit Union Selects NCR to Modernize Members’ Digital Banking Experience](https://thecreditunionconnection.com/state-employees-credit-union-selects-ncr-to-modernize-members-digital-banking-experience/): State Employees’ Credit Union (SECU), the second largest credit union in the US, will work with NCR to modernize the digital banking experience for its 2.7 million members across North Carolina. - [Mobius Mobility Receives ACHC Accreditation and Commences Insurance Billing for iBOT® Personal Mobility Device](https://thecreditunionconnection.com/mobius-mobility-receives-achc-accreditation-and-commences-insurance-billing-for-ibot-personal-mobility-device/): iBOT® Personal Mobility Device Achieves Financial Accessibility through Private Insurance Coverage - [America First Credit Union to Offer Instant Home Equity Through FirstClose™](https://thecreditunionconnection.com/firstcloseamericafirst/): FirstClose, Inc announced that America First Credit Union selected its FirstClose Equity™ solution to provide members access to a digital end-to-end home equity product that delivers a best-in-class experience! - [7 Servicing Chooses the MSP Servicing System to Support Growth and Member Experience as it Transitions to Servicing ORNL Federal Credit Union and 7 Mortgage Portfolios](https://thecreditunionconnection.com/paai7zmo68gk4crjn9x3x25uulucl6/): 7 Servicing has signed a contract for MSP, Black Knight\'s loan servicing system, and other integrated solutions to help deliver a superior member experience and support portfolio growth as it transitions its subserviced mortgages to 7 Servicing - [Lumin Digital Named Among Nation\'s Best Workplaces by Inc. Magazine for Second Consecutive Year](https://thecreditunionconnection.com/9t4989gg897h4fwlj6gpqcas28calq/): For the second year in a row, Lumin Digital has been named to Inc. magazine\'s annual Best Workplaces list - [Mid-size Financial Institutions More Than Double Their Digital Transformation Investment, New Research Finds](https://thecreditunionconnection.com/oypd5vk0ryf39xm32j7gign8fnvzmv/): The 2023 Digital Banking Performance Metrics report from Cornerstone Advisors provides regional and community financial institutions performance benchmarks toward their business objectives - [BECU’s 2022 Annual Report: Financial Strength Drives Purpose Forward](https://thecreditunionconnection.com/becus-2022-annual-report-financial-strength-drives-purpose-forward/): Financial cooperative ended year with nearly 1.4 million members and $28.8 billion in assets - [Rock Valley CU Partners with Mahalo Banking to Empower Member Self-Service](https://thecreditunionconnection.com/rock-valley-cu-partners-with-mahalo-banking-to-empower-member-self-service/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced a new partnership with Loves Park, Ill.-based Rock Valley Credit Union - [$146M Coastline FCU Doubles Monthly Lending in One Quarter](https://thecreditunionconnection.com/146m-coastline-fcu-doubles-monthly-lending-in-one-quarter/): Coastline Federal Credit Union never had a single person focused on marketing; the responsibility was spread among several people with no one truly owning it - [Q2 Announces 2023 Excellence Award Recipients](https://thecreditunionconnection.com/ena6decyuss4b5naos1s78bnqeikf5/): Annual award recognizes eight financial institutions for their commitment to leading the industry in digital innovation, community impact and the customer experience - [Financial Risk Management Software Market to Reach $9.2 Billion, Globally, by 2031 at 14.4% CAGR: Allied Market Research](https://thecreditunionconnection.com/financial-risk-management-software-market-to-reach-92-billion-globally-by-2031-at-144-cagr-allied-market-research/): Allied Market Research published a report, titled, \"Financial Risk Management Software Market by Component (Software, Service), - [PRINTING INDUSTRIES CREDIT UNION MERGES WITH CREDIT UNION OF SOUTHERN CALIFORNIA](https://thecreditunionconnection.com/printing-industries-credit-union-merges-with-credit-union-of-southern-california/): Credit Union of Southern California (CU SoCal) has finalized its merger with Printing Industries Credit Union - [Unitus CCU and Glia Partner on First-in-the Northwest Spanish-Language ChatBot](https://thecreditunionconnection.com/unitus-ccu-and-glia-partner-on-first-in-the-northwest-spanish-language-chatbot/): Unitus Community Credit Union is proud to announce it is the first Oregon-headquartered credit union to offer a Spanish-language ChatBot - [Annual Affinity Plus Charitable Promotion Generates Big Results for Special Olympics Minnesota](https://thecreditunionconnection.com/annual-affinity-plus-charitable-promotion-generates-big-results-for-special-olympics-minnesota/): Affinity Plus Federal Credit Union (Affinity Plus) announced today that more than 2,300 Polar Plunge participants took advantage of the - [CHRISTIAN COMMUNITY CREDIT UNION LAUNCHES NEW CASH REWARDS VISA® CREDIT CARD](https://thecreditunionconnection.com/christian-community-credit-union-launches-new-cash-rewards-visa-credit-card/): Christian Community Credit Union (CCCU) is proud to announce the launch of the new Cash Rewards Visa® credit card, - [Sharetec’s Remote Signatures Impacts North Iowa Community Credit Union with Great Success](https://thecreditunionconnection.com/sharetecs-remote-signatures-impacts-north-iowa-community-credit-union-with-great-success/): North Iowa Community Credit Union (NICCU) has great results utilizing Sharetec’s Remote Signatures module - [Sound Credit Union’s Auto Loan Yield Jumped 8% After Implementing Open Lending’s Lenders Protection™, Case Study Finds](https://thecreditunionconnection.com/sound-credit-unions-auto-loan-yield-jumped-8-after-implementing-open-lendings-lenders-protection-case-study-finds/): Open Lending Corporation released the results of a case study that shows how the state of Washington’s Sound Credit Union has grown - [Maybe we focus on interest rate caps for predatory lenders, not credit unions](https://thecreditunionconnection.com/interest-rate-caps-for-predatory-lenders-not-credit-unions/): Interest rate caps on already heavily regulated credit unions - while payday and other predatory lenders run roughshod over Americans - makes zero sense. What we should be… - [Oregon State Credit Union Names Kim Sather New Chief Information Officer](https://thecreditunionconnection.com/oregon-state-credit-union-names-kim-sather-new-chief-information-officer/): Oregon State Credit Union has named Kim Sather to be the credit union’s new executive vice president/chief information officer - [CUNA Responds to CFPB’s Proposed Rule on Credit Card Late Fees](https://thecreditunionconnection.com/cuna-responds-to-cfpbs-proposed-rule-on-credit-card-late-fees/): The Consumer Financial Protection Bureau’s (CFPB) credit card late fee proposed rule is a “gross deviation from the Bureau’s standards - [CUNA Economics: ‘The time to act is now’](https://thecreditunionconnection.com/cuna-economics-the-time-to-act-is-now/): CUNA Chief Economist Mike Schenk issued the following statement following the Federal Reserve meeting Wednesday: - [LUMIN DIGITAL HONORED WITH 11 STEVIE® AWARDS IN 2023 AMERICAN BUSINESS AWARDS®](https://thecreditunionconnection.com/lumin-digital-honored-with-11-stevie-awards-in-2023-american-business-awards/): Lumin Digital has been named the winner of five gold, one silver, and five bronze Stevie® Awards in the 21st Annual American Business Awards® (ABA) - [Cornerstone Advisors Partners with VPCtech to Provide Bank and Credit Union Clients with Advanced Fiserv DNA Platform Expertise](https://thecreditunionconnection.com/cornerstone-advisors-partners-with-vpctech-to-provide-bank-and-credit-union-clients-with-advanced-fiserv-dna-platform-expertise/): Cornerstone Advisors has announced that it has entered into an exclusive partnership agreement with VPCtech - [Digital Federal Credit Union Extends Sagent Partnership for 5 Years](https://thecreditunionconnection.com/digital-federal-credit-union-extends-sagent-partnership-for-5-years/): Deal combines modern mortgage fintech innovation with people-first community banking ethos - [WEOKIE Federal Credit Union Selects Empower LOS to Automate Manual Processes and Fuel Growth in Retail, Home Equity Lending](https://thecreditunionconnection.com/d1uqaoqc5kao9p8f6iqimxcqqyoomj/): WEOKIE chose the Empower LOS for its ability to reduce manual work for loan officers through automation of specific tasks, an enhanced application experience for its members, better technology, and several other benefits - [SkyPoint FCU hires Carla Decker as CEO](https://thecreditunionconnection.com/42w9mu1j2jh9eziqjqadppq44u01b9/): Decker thanks retiring CEO, James H. Norris III for SkyPoint’s solid footing as she takes on SkyPoint’s mission of serving the DMV community. - [Credit Union Executive Recruitment: The Not-So-Secret Struggles and How to Conquer Them](https://thecreditunionconnection.com/credit-union-executive-recruitment-the-not-so-secret-struggles-and-how-to-conquer-them-2/): Talent recruitment arguably has never been more challenging for credit unions. We recently sat down with Shanley Search Partners CEO Charles Shanley to talk about what he’s seeing in the market, from compensation packages to the different levels credit unions are using recruiting firms for to succession planning – or the lack of. Charles Shanley shares how to find the right search firm for your credit union, what positions credit unions are using recruiting firms for and, of course, compensation and benefits trends. SHOW NOTES 1:25 What credit unions should look for in a search firm 3:12 Executive recruiters – […] - [Credit Union Executive Recruitment: The Not-So-Secret Struggles and How to Conquer Them](https://thecreditunionconnection.com/credit-union-executive-recruitment-the-not-so-secret-struggles-and-how-to-conquer-them/): What’s going on in credit union executive recruiting, comp and more with Shanley Search Partners’ Charles Shanley. - [Mick Olson Takes Over the Reins as Topline Financial Credit Union’s New President and Chief Executive Officer](https://thecreditunionconnection.com/mick-olson-takes-over-the-reins-as-topline-financial-credit-unions-new-president-and-chief-executive-officer/): TopLine Financial Credit Union’s Board of Directors has appointed Mick Olson as the new President and Chief Executive Officer effective May 2, 2023. - [First Financial Credit Union Launches New Network Help Credit Unions Collaborate for Success](https://thecreditunionconnection.com/first-financial-credit-union-launches-new-network-brand-to-help-credit-unions-achieve-greater-success-through-collaboration/): encurage financial network, a cooperative effort of four formerly independent credit unions and three credit union service organizations (CUSOs), - [Citadel President & CEO, Jeff March, Announces Retirement](https://thecreditunionconnection.com/citadel-president-amp-ceo-jeff-march-announces-retirement/): Citadel Credit Union\'s longtime President & CEO, Jeff March, has announced he will retire by year end after a successor is selected. - [Deposit Guarantee Concept Presented to Ukrainian Credit Unions](https://thecreditunionconnection.com/deposit-guarantee-concept-presented-to-ukrainian-credit-unions/): Proposal developed with input from USAID/WOCCU CAP Project and NCUA - [Vermont Federal Credit Union Donates $5,000 to the Boys and Girls Club of Burlington](https://thecreditunionconnection.com/109r6w8x392xdnmo108sm68vjdqhq9/): Vermont Federal Credit Union has partnered with the Boys and Girls Club of Burlington to support its Early Promise Program. - [Kinecta Federal Credit Union Exemplifies What It Means to Serve the Community Through Its Commitment to Kindness and Caring](https://thecreditunionconnection.com/kinecta-community-give-back/): Kinecta supports families and the communities it serves through donations, volunteerism, fundraising activities, scholarships and grants - [Comment Period for Chartering and Field of Membership Proposal Closes May 30](https://thecreditunionconnection.com/comment-period-for-chartering-and-field-of-membership-proposal-closes-may-30/): Stakeholders have until May 30 to submit comments on the NCUA’s proposed rule amending its chartering and field-of-membership rules. - [LGE Community Credit Union forms partnership with Cobb Veterans Memorial Foundation to honor veterans and their families](https://thecreditunionconnection.com/lge-community-credit-union-forms-partnership-with-cobb-veterans-memorial-foundation-to-honor-veterans-and-their-families/): LGE Community Credit Union is proud to announce its support of the Cobb Veterans Memorial Foundation as the organization’s first founding partner. - [New CUSO offering Executive Benefits and Business Protection Announces Profitable First Year](https://thecreditunionconnection.com/new-cuso-offering-executive-benefits-and-business-protection-announces-profitable-first-year/): BenefisCU powered by TriscendNP, a CUSO offering executive benefit solutions, CUOLI and other advanced insurance products - [Iowa Credit Union Foundation Awards $23,000 to Scholarship Winners](https://thecreditunionconnection.com/iowa-credit-union-foundation-awards-23000-to-scholarship-winners/): The Iowa Credit Union Foundation recently awarded scholarships to eight high school students and four post-high school students as recipients of its Warren A. Morrow Memorial Scholarship. - [Comment Period for Climate-Related Financial Risks to Credit Unions RFI Now Open](https://thecreditunionconnection.com/comment-period-for-climate-related-financial-risks-to-credit-unions-rfi-now-open/): The NCUA Board approved a request for information seeking comments on current and future climate and natural disaster risks to federally insured credit unions, related entities, their members, and the National Credit Union Share Insurance Fund. - [Credit Union-Supported SAFE Banking Act Reintroduced in House and Senate](https://thecreditunionconnection.com/credit-union-supported-safe-banking-act-reintroduced-in-house-and-senate/): A bipartisan group of federal lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the U.S. House and Senate on Wednesday - [HFSC Passes CUNA-backed CFPB Reform Legislation](https://thecreditunionconnection.com/hfsc-passes-cuna-backed-cfpb-reform-legislation/): The House Financial Services Committee passed the CUNA-supported the CFPB Transparency and Accountability Reform Act (H.R. 2798) Wednesday night. - [PSCU Launches New Installment Payments Solution](https://thecreditunionconnection.com/pscu-launches-new-installment-payments-solution/): PSCU has announced the general availability of its new Installment Payments solution. - [Credit Unions Branching Out: Look Before You Lock](https://thecreditunionconnection.com/credit-unions-branching-out-look-before-you-lock/): The Credit Union Connection is asking credit unions to take a simple step to support Look Before You Lock, saving lives of our babies and pets! - [11 Credit Unions Among the First to Receive CDFI Certifications in 2023](https://thecreditunionconnection.com/11-credit-unions-among-the-first-to-receive-cdfi-certifications-in-2023/): While the Treasury’s Community Development Financial Institutions Fund is still in its pause period and hasn’t acceptedany new applicants for CDF - [New Moves in The Credit Union Industry…](https://thecreditunionconnection.com/career-moves-in-cus/): There have been major moves in the credit union industry this week. With 3 different companies announcing 4 new VP positions filled… - [NCUA–COSSEC Partnership Will Strengthen Supervision of Cooperativas](https://thecreditunionconnection.com/ncuacossec-partnership-will-strengthen-supervision-of-cooperativas/): Agreement Underscores Commitment to Collaboration, Supervision, and Information Sharing - [NCUA Files Suit Against Former Edinburg Teachers CEO](https://thecreditunionconnection.com/ncua-files-suit-against-former-edinburg-teachers-ceo/): NCUA Seeking Millions From the Former CEO for Breach of Duties - [Negligence Lawsuit Brought Against Navy Federal Credit Union, Wells Fargo After $3.6 Million of Elderly Veteran\'s Savings Allegedly Sent to Scam Artists](https://thecreditunionconnection.com/negligence-lawsuit-brought-against-navy-federal-credit-union-wells-fargo-after-36-million-of-elderly-veterans-savings-allegedly-sent-to-scam-artists/): A Washington state woman\'s $3.6 million negligence lawsuit against Wells Fargo and Navy Federal Credit Union moves forward in the U.S. District Court… - [Los Angeles Police Federal Credit Union Honors Fallen Officers with Memorial Shirt Fundraiser](https://thecreditunionconnection.com/los-angeles-police-federal-credit-union-honors-fallen-officers-with-memorial-shirt-fundraiser/): Law Enforcement Credit Union created limited-edition memorial shirts to raise funds for the families of fallen officers - [NCUA Charters Generations United Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-generations-united-federal-credit-union/): Generations United Federal Credit Union’s charter became effective April 14, and the credit union expects to commence operations later this year. - [U.S. Eagle Federal Credit Union Wins CUNA Best & Diamond Marketing Awards](https://thecreditunionconnection.com/us-eagle-federal-credit-union-wins-cuna-best-amp-diamond-marketing-awards/): U.S. Eagle is honored to be recognized for multiple CUNA Diamond Awards once again. - [Citadel Credit Union Announces Over 20 Percent Asset Increase in 2022](https://thecreditunionconnection.com/citadel-credit-union-announces-over-20-percent-asset-increase-in-2022/): Citadel Experiences Significant Growth With Over 20 Percent Increase in Assets and Loans; Publishes 2022 Annual Report - [Todd Boynton Named April Teacher of the Month by SchoolsFirst FCU, ABC10 and Sacramento State](https://thecreditunionconnection.com/todd-boynton-named-april-teacher-of-the-month-by-schoolsfirst-fcu-abc10-and-sacramento-state/): Boynton teaches Physical Education at Twelve Bridges Middle School in the Western Placer Unified School District; Nominations open for future Teacher of the Month recipients. - [Rockford Rivets and First Community Credit Union Partner Up for Summer 2023](https://thecreditunionconnection.com/rockford-rivets-and-first-community-credit-union-partner-up-for-summer-2023/): With this partnership, First CCU will become the official credit union of the Rockford Rivets. - [Navy Federal Encourages Healthy Saving Habits Within the Military Community](https://thecreditunionconnection.com/navy-federal-encourages-healthy-saving-habits-within-the-military-community/): To kick off Military Saves Week, Navy FCU continues its 16-year partnership with Military Saves, a component of America Saves, by prompting the military community to declare their savings goals and \"Take the Pledge.\" - [Superior Credit Union Offers a Home Equity Line of Credit in Cincinnati, OH](https://thecreditunionconnection.com/superior-credit-union-home-equity-line/): Superior Credit Union is pleased to announce they can help homeowners qualify for a home equity line of credit in Cincinnati, OH. - [California Credit Union Awards 10 Scholarships to College-Bound Los Angeles Students](https://thecreditunionconnection.com/california-cu-scholarships-2023/): California Credit Union has awarded 10 scholarships of $1,000 each to college-bound students in Los Angeles county - [CUNA Releases May Economic Update](https://thecreditunionconnection.com/may-2023-cuna-economic-update/): CUNA Senior Economist Dawit Kebede provides a macroeconomic and credit union forecast for 2023 in the May 2023 CUNA Economic Update.   - [CFPB Takes Action Against Phoenix Financial Services for Illegal Medical Debt Collection and Credit Reporting Practices](https://thecreditunionconnection.com/cfpb-takes-on-illegal-debt-collectors/): Debt collectors attempted to collect on disputed debts using unlawful collection letters and misrepresentations - [Agencies Propose Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations](https://thecreditunionconnection.com/agencies-propose-interagency-guidance-on-reconsiderations-of-value-for-residential-real-estate-valuations/): Five federal regulatory agencies today requested public comment on proposed guidance addressing reconsiderations of value for residential real estate transactions. - [$1.5 Million Grant from SECU Foundation Aids Campus Expansion of Tammy Lynn Center](https://thecreditunionconnection.com/secu-foundation-tammy-lynn-foundation/): A $1.5 million grant from SECU Foundation has helped the Tammy Lynn Memorial Foundation move forward with a multi-phase campus expansion of the Tammy Lynn Center (TLC), its Wake County hub for statewide operations. - [Credit Union Lending, Assets, Insured Shares Continue to Grow](https://thecreditunionconnection.com/credit-union-lending-assets-insured-shares-continue-to-grow/): According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased - [Atlantic Foundation Awards $20,000 in Scholarshipsto Graduating High School Students](https://thecreditunionconnection.com/atlantic-federal-credit-union-foundation-scholarships/): Atlantic Federal Credit Union Foundation is proud to recognize Audrey Coleman, Sanford High School Senior, as the $10,000 Atlantic College Scholarship recipient. - [WOCCU and ENCU Advocate for Support of Credit Unions in Brussels](https://thecreditunionconnection.com/woccu-and-encu-consider-reforms/): Advocacy efforts comes at critical time as EU considers major reforms - [Greater Texas Credit Union Delivers Winning Photos of Cap10K Racers Crossing Finish Line](https://thecreditunionconnection.com/greater-texas-cap10k-race-photos/): Greater Texas Credit Union as a financial partner of the historic Cap10K sponsored the race photos. - [Day Air Credit Union Awards Two $1,000 Scholarships to Area Students](https://thecreditunionconnection.com/day-air-scholarships/): Day Air Credit Union is pleased to announce that Nathan Snizik and Regan Schrimpf are the recipients of Day Air’s 2023 Academic Scholarships. - [Fraud Detection and Prevention Market to Reach $90.07 Billion by 2030: Grand View Research, Inc.](https://thecreditunionconnection.com/grand-research-fraud-detection-and-security/): The global fraud detection and prevention market size is anticipated to reach USD 90.07 billion by 2030, growing at a CAGR of 17.6% from 2023 to 2030, according to a recent study by Grand View Research, Inc. - [North Island Credit Union Partners with North County African American Women\'s Association to Award Four College Scholarships](https://thecreditunionconnection.com/north-island-cu-provides-four-scholarships/): North Island Credit Union has partnered with the North County African American Women\'s Association (NCAAWA) to provide four $2,500 college scholarships to local students. - [Credit Unions Oppose Credit Card Routing Legislation](https://thecreditunionconnection.com/cuna-opposes-new-legislation/): CUNA stands together with America’s Credit Unions in opposition to legislation that would create new government mandates for credit cards, putting consumers’ data and credit access at risk.   - [Mountain America Credit Union Receives 9 CUNA Diamond Awards for Creative Excellence in Marketing](https://thecreditunionconnection.com/mountain-america-credit-unions-diamond-awards/): Mountain America is the only credit union to receive nine Diamond Awards out of 159 credit unions that won an award - [WyHy Federal Credit Union Transforms Member Account Security with Rapid Deployment of Illuma Shield Voice Authentication on Glia Platform](https://thecreditunionconnection.com/wyhy-transforms-member-account-security-with-glias-illuma-shield/): Wyoming based credit union implements state-of-the-art voice verification software on Glia Interaction Platform to secure member transactions in the call center - [CUSO Financial Services Announces New Partnership with West-Aircomm Federal Credit Union](https://thecreditunionconnection.com/west-aircomm-fcu-partners-with-cuso-financial/): $322 Million Credit Union is Second Financial Institution to Join CFS from LPL Financial this Month - [Truliant Federal Credit Union Relies on FirstClose Ordering Technology to Reduce Costs and Enhance Member Experience](https://thecreditunionconnection.com/truliant-federal-credit-union-relies-on-firstclose-ordering-technology-to-reduce-costs-and-enhance-member-experience/): FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced that Truliant - [TruStage Announces CEO Retirement and Successor ](https://thecreditunionconnection.com/trustagetm-announces-ceo-retirement-and-successornbsp/): TruStage, a multi-billion-dollar provider of insurance, investments, and financial technology solutions, today announced that Robert N. Trunzo - [“We Don’t Believe In CDs” – Horizon FCU’s Journey to Deposit Growth](https://thecreditunionconnection.com/we-dont-believe-in-cds-horizon-fcus-journey-to-deposit-growth/): $147.1 million credit union finds ideal members and source of sticky, low-cost deposits - [American Credit Union Mortgage Association (ACUMA) Announces Open Registration for 2023 Annual Conferenc](https://thecreditunionconnection.com/acuma-open-registration-for-annual-conference/): The American Credit Union Mortgage Association has today opened registration for its 2023 Annual Conference! - [CU Alliance® and the Houston Chapter of Credit Unions Raise $38,609 for Charities and Educational Scholarships with Annual Golf Tournament.](https://thecreditunionconnection.com/cu-alliance-partnering-with-the-houston-chapter-of-credit-unions-annual-golf-tournament/): CU Alliance partnering with the Houston Chapter of Credit Unions announces that $38,609 was raised at the Chapter’s Annual Golf Tournament for chapter charities and educational scholarships. - [CFPB Issue Spotlight Analyzes \"Artificial Intelligence\" Chatbots in Banking](https://thecreditunionconnection.com/cfpb-chatbot-issue-spotlight/): The Consumer Financial Protection Bureau released a new issue spotlight on the expansive adoption and use of chatbots by financial institutions. - [First Tech Federal Credit Union Partners with Youth Villages Oregon to Provide Financial Resources for Foster Youth](https://thecreditunionconnection.com/first-tech-fcu-launch-its-youth-villages-foster-youth-savings-program/): Building pathways for underserved youth to achieve financial wellness in Oregon and Southwest Washington - [Affinity Federal Credit Union Celebrates Grand Opening of Madison, NJ Branch](https://thecreditunionconnection.com/affinity-federal-credit-union-is-celebrating-the-grand-opening-of-its-new-branch/): Affinity Federal Credit Union is celebrating the grand opening of its new branch in Madison, New Jersey with a community celebration and ribbon cutting on Tuesday, June 13, 2023 from 5:30 to 7:30 p.m - [CUSO Financial Services Announces New Partnership with Clearview Federal Credit Union](https://thecreditunionconnection.com/cuso-financial-services-partners-with-clearview-fcu/): $1.8 Billion Credit Union Joins Financial Institution Focused Wealth Management Firm - [The Family Credit Union Supports Local Nonprofits through Family Discount Mondays Program](https://thecreditunionconnection.com/the-family-credit-union-discount-mondays/): Credit union offers discounted admission rates to Quad City attractions - [WOCCU Addresses United Nations’ Group to Strengthen Credit Unions’ Role in Financial Inclusion](https://thecreditunionconnection.com/woccu-addresses-un-group-to-strengthen-cus-financial-inclusion/): UN sought input to inform upcoming Secretary General Resolution on cooperatives - [Opportunity Knock$ TV Series, Featuring Five CUs, Wins Telly Award](https://thecreditunionconnection.com/opportunity-knock-tv-series-featuring-five-cus-wins-telly-award/): PBS reality series, featuring credit unions, follows families from financial hardship to empowerment! - [A Promise Made, A Promise Kept](https://thecreditunionconnection.com/a-promise-made-a-promise-kept/): U.S. Senate Federal Credit Union Officially Cuts NSF and Overdraft Fees - [New Mortgage Team, New VP of Lending and More…](https://thecreditunionconnection.com/new-mortgage-team-new-vp-of-lending-and-more/): Summit Credit Union has a new Vice President of Lending and Call Center Services, Truliant Federal Credit Union announced the addition of a mortgage team, and QuantyPhi announced who was elected as the Presidents Council Representative and much more… - [PSECU Awards $48,000 in Scholarships for High School Seniors for the 27th Consecutive Year](https://thecreditunionconnection.com/psecu-awards-48000-in-scholarships/): PSECU named the winners of its 27th annual scholarship program. - [Securityplus Federal Credit Union Successfully Partnered With A Million Thanks for Military Appreciation Month](https://thecreditunionconnection.com/securityplus-federal-credit-union-partnership-with-a-million-thanks-military-appreciation-month/): Securityplus Federal Credit Union proudly announces the successful completion of its partnership with A Million Thanks for a letter-writing campaign during Military Appreciation Month - [CUNA Economics: Strong Hiring in May](https://thecreditunionconnection.com/cuna-economicsnbspstrong-hiring-in-may/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement - [Comment Period Open for Charitable Donation Accounts Proposal](https://thecreditunionconnection.com/ncua-comment-period-open-for-charitable-donation-accounts-proposal/): The 60-day comment period for stakeholders to submit comments on the NCUA’s proposed rule that would amend the charitable donation accounts section of the NCUA’s incidental powers regulation is now open. - [NCUA Designates June as MDI Awareness Month](https://thecreditunionconnection.com/june-as-mdi-awareness-month/): Agency Will Highlight Service, Opportunity, Financial Security - [In Search of Lower Interest Rates, Some New Vehicle Shoppers Opted for Shorter Loan Terms in Q1 2023](https://thecreditunionconnection.com/experians-state-of-the-automotive-finance-market-report-q1-2023/): According to Experian’s State of the Automotive Finance Market Report: Q1 2023, to offset rising interest rates, some vehicle shoppers opted for shorter term loans in the first quarter of 2023. - [Agencies Request Comment on Quality Control Standards for Automated Valuation Models Proposed Rule](https://thecreditunionconnection.com/agencies-request-comment-on-avm-standards/): Six federal regulatory agencies today requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. - [Are credit union leaders asking freaking questions?](https://thecreditunionconnection.com/are-credit-union-leaders-asking-freaking-questions/): What’s holding some credit unions back from greatness? It’s a simple four-letter word, and that’s… - [Service One Credit Union Donates $20,000 to the WKU College Heights Foundation](https://thecreditunionconnection.com/service-one-credit-union-donates-to-wku-foundation/): Service One Credit Union is donating $20,000 to the College Heights Foundation at Western Kentucky University (WKU) to provide student scholarships. - [Greater Texas\' New Smart Assistant Delivers Quick Access to Important Credit Union Information](https://thecreditunionconnection.com/greater-texas-credit-union-new-virtual-assistant/): Interacting with Greater Texas Credit Union and its Aggieland subsidiary just got easier, with the launch of a new virtual assistant system that rapidly handles member inquiries, any time of day. - [Iowa Credit Union Foundation Announces Graduates of 2023 Financial Coach Program](https://thecreditunionconnection.com/iowa-credit-union-foundation-announce-grads/): The Iowa Credit Union Foundation is proud to announce the graduates of the 2023 ‘People Helping People’ Financial Coach Program - [Maine Credit Unions Join Forces to Fight Hunger in June](https://thecreditunionconnection.com/maine-cus-campaign-ending-hunger/): Monthlong fundraising efforts aim to raise funds and awareness about food insecurity. - [Actionable Business Insights via upSWOT Now Standard on the Alkami Digital Banking Platform](https://thecreditunionconnection.com/alkami-partners-with-upswot/): Fintech partnership empowers financial institutions to level up small business financial wellness - [Dave Hanighen Appointed as Chief Information Officer of Los Angeles Police Federal Credit Union](https://thecreditunionconnection.com/lapfcu-new-cio-dave-hanighen/): LAPFCU is proud to welcome Dave Hanighen as Chief Information Officer - [Platinum Federal Credit Union Collaborates with Jack Henry to Focus on Financial Health](https://thecreditunionconnection.com/platinum-fcu-collaborates-with-jack-henry/): Enhanced experience will offer a fully integrated view of finances, while also expanding features and functionalities for Shia Ismaili Muslim community members - [ Redwood Credit Union Offers Free Shred-a-Thon in Lake County, June 10](https://thecreditunionconnection.com/0xs0a7m4vifqcishldxk3tyy47dkl7/): Redwood invites the community to securely shred old financial statements and other sensitive documents at its annual Lake County Shred-a-Thon. - [Premier Members Credit Union Partners with Lincoln Hills Cares to bridge equity gap in outdoor education](https://thecreditunionconnection.com/premier-members-cu-partners-with-lincoln-hills-cares/): PMCU connecting environmental sustainability, social equity, and education in new funding opportunity - [Remembering the Legacy of Mark Schroeder: A Visionary Leader](https://thecreditunionconnection.com/passing-mark-schroeder-corporate-central/): It is with profound sadness that Corporate Central announces the passing of Mark Schroeder, former President/CEO. - [Cyprus Credit Union Chooses Eltropy as Its Digital Conversations Platform](https://thecreditunionconnection.com/cyprus-credit-union-chooses-eltropy-as-its-digital-conversations-platform/): Leading regional credit union replacing multiple systems to streamline member servicing and enhance efficiency in all areas of digital communication - [New Powerful Moves in The Credit Union Industry](https://thecreditunionconnection.com/new-moves-in-the-cu-industry/): Glia continues to grow its leadership team by appointing a new Executive Vice President of Sales, a Texas Trust Credit Union employee has been chosen as the 2023 Young Professional of the Year, and Redwood Credit Union announced new changes to their board of directors and much more… - [DCUC and NAFCU send joint letter to NCUA: Expansion of \"Qualified Charity\" Charitable Donation Accounts](https://thecreditunionconnection.com/dcuc-and-nafcu-send-joint-letter-to-ncua/): DCUC and NAFCU sent a joint letter to The NCUA asking the Board to amend Part 721.3 Charitable Donation Accounts by expanding the definition of “qualified charity” to include 501(c)(19) veterans’ organizations. - [$750,000 SECU Foundation Grant Helps Surry Medical Ministries Expand and Open New Healthcare Clinic](https://thecreditunionconnection.com/secu-surry-medical-ministries-health-resource-center/): SECU Foundation’s support of $750,000 for Surry Medical Ministries’ newly expanded clinic, the SECU Health Resource Center, is good news for residents in Northwest North Carolina with little or no access to primary healthcare. - [Genisys Credit Union continues reading fun with students at Herrington Elementary](https://thecreditunionconnection.com/genisys-herrington-elementary-reading-program/): Genisys Credit Union and Herrington Elementary School in Pontiac continued their Reading Buddy Program with the school’s kindergarten and first grade classes. - [American Eagle to Host Free First-Time Home Buyer Seminar in East Hartford on June 22](https://thecreditunionconnection.com/6dso6ae07gcg73xv29t3jz2cai7ryo/): Buying a home is exciting, especially if it\'s your first home—but it can also be stressful and confusing. To assist… - [Financial Plus Credit Union Awards Five $1,000 Scholarships to Exceptional Students](https://thecreditunionconnection.com/financial-plus-scholarships/): Financial Plus Credit Union is proud to award their 8th annual “You are the Future” Scholarships to Ava Bryant, Jarrod Albosta, Jason Pringle II, Melodie Marsh, and Olivia Lafuente - [NCUA Board Approves Proposal to Include Veterans Organizations in Charitable Donation Accounts](https://thecreditunionconnection.com/ncua-board-approves-proposal-to-include-veterans-organizations-in-charitable-donation-accounts/): The National Credit Union Administration Board held its fifth open meeting of 2023 and approved a proposed rule that would amend - [Expanded Investment in Downpayment Plus® Grant Program Puts Home Ownership in Reach for More Homebuyers in Illinois and Wisconsin](https://thecreditunionconnection.com/expanded-investment-in-downpayment-plus-grant-program-puts-home-ownership-in-reach-for-more-homebuyers-in-illinois-and-wisconsin/): The Federal Home Loan Bank of Chicago (FHLBank Chicago) is pleased to announce expanded funding of its Downpayment Plus® (DPP®) grant program - [Jack Henry Releases Benchmark of Bank and Credit Union CEOs\' Top Priorities](https://thecreditunionconnection.com/jack-henry-releases-benchmark-of-bank-and-credit-union-ceos-top-priorities/): Deposits, loans, data, and efficiency top the list of strategic priorities for community and regional financial institutions, according to Jack Henry\'s - [North Island Credit Union First Credit Union in San Diego County to Earn CDFI Certification](https://thecreditunionconnection.com/north-island-credit-union-first-credit-union-in-san-diego-county-to-earn-cdfi-certification/): North Island Credit Union announced today that it is the first credit union in San Diego County to receive certification as a Community Development Financial Institution (CDFI) - [Credit Union Miracle Day Raises Over $59K for CMN Hospitals](https://thecreditunionconnection.com/credit-union-miracle-day-raises-over-59k-for-cmn-hospitals/): Credit unions and business partners came together to help raise over $59,000 for Children’s Miracle Network Hospitals - [Massachusetts Credit Union, Lighthouse Biz Solutions, Receives Certification for Cannabis and Hemp Banking Protocols](https://thecreditunionconnection.com/massachusetts-credit-union-lighthouse-biz-solutions-receives-certification-for-cannabis-and-hemp-banking-protocols/): The Policy Center for Public Health & Safety (PH&S) today announced that Massachusetts-based Lighthouse Biz Solutions - [DCUC Recognizes Memorial Day](https://thecreditunionconnection.com/dcuc-recognizes-memorial-day/): The Defense Credit Union Council (DCUC) prides itself on “speaking military.” For the past sixty years, DCUC’s mission has - [Text-to-Talk from Eltropy Allows Credit Unions and Community Banks to Deliver Personalized Service](https://thecreditunionconnection.com/text-to-talk-from-eltropy-a/): CFIs can deliver exceptional service by seamlessly switching from Text-based chats to voice calls with the click of a button - [Marstone Partners with Red River Credit Union to Provide Digital Wealth Management Services to its Member Base](https://thecreditunionconnection.com/marstone-partners-with-red-river-cu/): Momentum of Marstone’s Wealth Management-as-a-Service offering continues, expanding RRCU’s financial capabilities to now include wealth management to its 115,000 members - [Teachers Federal Credit Union Raises More Than $400,000 for Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/teachers-fcu-golf-tournament-cmnh/): Inaugural Teachers Federal Credit Union Golf Tournament Held on May 18 Raises a Record Breaking Amount in its First Year for Children Across the Country - [Spectra Credit Union Announces New Chief Financial Officer](https://thecreditunionconnection.com/spectra-credit-union-announces-new-chief-financial-officer/): Spectra Credit Union is pleased to announce the selection of Debbie Freeman as the credit union’s new Chief Financial Officer. - [CME Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/cme-federal-credit-union-selects-upstart-for-personal-lending/): CME Federal Credit Union (CME), a credit union serving first responders and members across Central Ohio, today announced that it has partnered with Upstart - [California Credit Union Earns CDFI Certification](https://thecreditunionconnection.com/california-credit-union-earns-cdfi-certification/): California Credit Union announced today that it has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury Department\'s CDFI Fund - [5 Standard and a Couple of Mind-Blowing Ways Credit Unions are Revolutionizing Member Communications](https://thecreditunionconnection.com/5-standard-and-a-couple-of-mind-blowing-ways-credit-unions-are-revolutionizing-member-communications/): Members are responding in a big way to push notifications for everything from community events to new products to … - [Hawaii State FCU Donates $20,000 To Friends Of The Library Of Hawaii In Support Of 74th Annual Booksale](https://thecreditunionconnection.com/hawaii-state-fcu-booksale/): Hawaii State FCU members will have early access to the book sale on June 16 - [Convergint Doubles Down on Financial Sector Business as Institutions Invest in Branch Automation, Safety, and Security](https://thecreditunionconnection.com/convergint-doubles-down-on-financial-sector-business-as-institutions-invest-in-branch-automation-safety-and-security/): Serving 19 of the top 20 US based financial institutions, Convergint completes approximately 270,000 service requests in 2022 - [Blend Announces Availability of Soft Credit Functionality](https://thecreditunionconnection.com/blend-soft-credit-pull-function/): Blend announced the general availability of functionality providing support for soft credit inquiries in the mortgage prequalification process. - [CUNA\'s Nussle Responds to Sen. Carper\'s Decision Not to Seek Re-election](https://thecreditunionconnection.com/cuna-responds-carper-not-seeking-reelection/): Sen. Tom Carper, D-Del., announced Monday he will not seek re-election in 2024. - [SECU Foundation Provides Choanoke Area Development Association $40,000 Grant for Affordable Housing](https://thecreditunionconnection.com/secu-foundation-choanoke-housing-grant/): A $40,000 grant from SECU Foundation will help the Choanoke Area Development Association (CADA) expand its capacity - [Jack Henry Continues Phase Out of Screen Scraping on the Banno Digital Banking Platform](https://thecreditunionconnection.com/jack-henry-banno-digital-banking/): Company has replaced inbound screen scraping with safe and secure consumer-permissioned data sharing through open-banking APIs across hundreds of thousands of apps and millions of accountholders - [BayPort Foundation Awards $100,000 in Scholarships to 8 Working Adults, 11 College Students and 19 High School Seniors](https://thecreditunionconnection.com/bayport-foundation-11-scholarships/): The BayPort Foundation today announced it has awarded $100,000 in 11 different scholarship types to a total of 38 member students… - [The Cost of a Jersey Shore Vacation Increases 4% in 2023](https://thecreditunionconnection.com/affinity-fcu-vacation-cost-index-jump/): Affinity Federal Credit Union’s second-annual vacation cost index shows a more moderate price jump compared to 2022, but the average costs of common activities and attractions continue to increase - [Reminder: 2023 CDRLF Grant Round Open](https://thecreditunionconnection.com/reminder-2023-cdrlf-grant-round-open/): $3.5 Million Available; Credit Unions Should Review Eligibility Before Applying - [Canvas Credit Union Selects Total Expert to Power Member Experience and Engagement](https://thecreditunionconnection.com/canvas-credit-union-selects-total-expert-to-power-member-experience-and-engagement/): Canvas Credit Union, a growing community-oriented financial cooperative, has partnered with Total Expert to enhance member experience - [Park View FCU Partners with Mahalo Banking to Streamline Financial Management Features](https://thecreditunionconnection.com/park-view-fcu-partners-with-mahalo-banking-to-streamline-financial-management-features/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced that Harrisonburg, Va.-based Park View Federal Credit Union - [CUSO Financial Announces Partnership with Harvard University Employees Credit Union](https://thecreditunionconnection.com/cuso-financial-announces-partnership-with-harvard-university-employees-credit-union/): CUSO Financial Services, L.P. (CFS) is pleased to announce a multi-year agreement with Harvard University Employees Credit Union - [Texas Trust Breaks Ground for New Branch in San Angelo](https://thecreditunionconnection.com/texas-trust-breaks-ground/): Texas Trust Credit Union broke ground on a new facility to serve its growing membership in San Angelo. - [Registration is open for the 2023 CUNA CEO Council Conference, an exclusive CEO-only event](https://thecreditunionconnection.com/2023-cuna-ceo-council-conference/): Registration is now open for CUNA CEO Council Conference, September 20-22, 2023 at the Omni La Costa Resort in Carlsbad, CA. - [INOVA Federal Announces New Location in the Mishawaka Community](https://thecreditunionconnection.com/inova-new-mishawaka-branch/): INOVA Federal, announces a new location opening in the Mishawaka community on June 6, 2023 - [Securityplus Federal Credit Union Receives Diamond Award for Financial Education Marketing](https://thecreditunionconnection.com/securityplus-fcu-cuna-diamond-award/): Securityplus Federal Credit Union was recognized by the Credit Union National Association Marketing and Business Council with a Diamond Award. - [MeridianLink Announces Recipients of Inaugural Arc Award During the 2023 User Forum](https://thecreditunionconnection.com/meridianlink-arc-awards-announced/): MeridianLink, Inc. announced the recipients of its inaugural Arc Awards at a ceremony during the company’s annual User Forum! - [Corporate Central Conducts Annual Meeting and Announces Board of Directors](https://thecreditunionconnection.com/corp-central-annual-meeting/): Corporate Central held its Annual Meeting and were pleased to join their members in celebrating the “Culture & Climate” theme at The Wisconsin Credit Union League’s Annual Convention & Exposition! - [Iowa Credit Union League Partners with Credit Union Loan Source to Bring Low-Risk, High Quality Investment Opportunity to Iowa Credit Unions](https://thecreditunionconnection.com/icul-partners-with-culs/): The Iowa Credit Union League formed a new partnership with Credit Union Loan Source to bring a low-risk, high quality loan participation program to state chartered credit unions in Iowa. - [Board Determines Amendment to Wisconsin Member Business Loan Rule Is Permissible](https://thecreditunionconnection.com/board-determines-amendment-wisconsin-member-business-loan-rule-permissible/): The NCUA Board unanimously determined an amendment to section DFI-CU 72.02 of the Wisconsin Member Business Loan rule is no less restrictive than the NCUA’s definition as required by Section 723.10(a) of the NCUA’s Member Business Loan and Commercial Lending rule. - [$15.1 Million Saved During National Youth Saving Challenge](https://thecreditunionconnection.com/cuna-youth-savings-challenge/): Credit unions reported their 2023 National Youth Savings Challenge™ results this week, showing young members made deposits totaling $15,185,902.   - [REPAY Announces Integration With Q2’s Digital Banking Platform](https://thecreditunionconnection.com/repay-integrates-with-q2/): Repay Holdings Corporation announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. - [John A. Lockard Retires from Navy Federal Credit Union Board](https://thecreditunionconnection.com/john-a-lockard-retires-from-navy-federal-credit-union-board/): Vice Admiral John A. Lockard, U.S. Navy (Ret.), Chairman of the Board of Directors at Navy Federal Credit Union, has announced his retirement from the board - [Total Expert Announces Platform Innovations to Help Financial Institutions Drive Growth in an Evolving Market](https://thecreditunionconnection.com/total-expert-new-capabilities/): Total Expert announced new capabilities that provide financial institutions with visibility into lead funnels so they can quickly pivot marketing and engagement strategies! - [Origence Announces Steve Forbes as Keynote Speaker of Lending Tech Live \'23 Conference](https://thecreditunionconnection.com/origence-announces-speakers-of-lending-tech-live-23-conf/): Origence announced the opening and closing keynote speakers for its Lending Tech Live ’23 conference. - [N.C. Zoological Society Awarded $2 Million Gift from SECU Foundation for Asia Habitat Addition](https://thecreditunionconnection.com/secu-expands-nc-zoo/): Contribution will expand education and outreach for virtual and in-person learning experiences - [Indiana Members Credit Union Contributes $1,821 to Westfield High School](https://thecreditunionconnection.com/imcu-contributes-1821-to-westfield-high/): Indiana Members Credit Union recently presented a check for $1,821 to Westfield High School as part of an ongoing school spirit debit card program. - [Summit Credit Union Awards $56,000 in Scholarships](https://thecreditunionconnection.com/summit-credit-union-56000-scholarship/): Summit Credit Union is pleased to announce awarding $56,000 in scholarship grants for fall 2023 and spring 2024 semesters. - [Pathways to Digital Transformation Offers a Look into Getting Your Strategy Right](https://thecreditunionconnection.com/cues-pathway-to-digital-transformation/): CUES is pleased to offer Pathways to Digital Transformation, a new online session designed to help the industry’s leaders further the digital transformation efforts at their institutions. - [As Financial Institutions and Service Providers Prepare for FedNow, Matera Provides Glimpse of the Future of Instant Payments](https://thecreditunionconnection.com/materas-pix-by-the-numbers-report/): The leading third-party provider of Pix instant payments software issues “Pix by The Numbers” report, underscoring why Pix matters for the U.S. - [ILINX Eliminates Blind Spots with Credit Union Focused Solutions At NAFCU Engage 2023 Event](https://thecreditunionconnection.com/ilinx-nafcu-engage/): ImageSource, Inc. is thrilled to announce its participation in the highly anticipated Engage 2023 event from June 28-30, 2023, at the Long Beach Convention Center in Long Beach, CA. - [U.S. News & World Report Unveils Inaugural Banking, Investing Platforms & Lender Awards](https://thecreditunionconnection.com/us-news-amp-world-report-unveils-inaugural-banking-investing-platforms-amp-lender-awards/): The awards address the current economic climate by featuring an editors\' choice award for beating highmortgage rates.  - [Horizon Credit Union Nearly Triples Donation to Support Affordable Housing](https://thecreditunionconnection.com/horizon-cu-supports-affordable-housing/): Horizon Credit Union presented a $12,192 donation to NeighborWorks Boise, almost triple their initial $3,500 to lasting impact on affordable housing and community development in the Treasure Valley area. - [SECUF and VyStar Credit Union Join Forces to Revolutionize Credit Union Member Services](https://thecreditunionconnection.com/secuf-and-vystar-credit-union-join-forces/): SECUF is joining forces with VyStar Credit Union in Jacksonville, Florida to expand the highly successful Community Spark Program. - [Sikorsky Credit Union Is Named #1 Credit Union in CT By Forbes - 4th Consecutive Year!](https://thecreditunionconnection.com/sikorsky-credit-union-is-named-1-credit-union-in-ct-by-forbes-4th-consecutive-year/): Sikorsky Credit Union is proud to have been named the #1 Credit Union in Connecticut for the fourth consecutive year as part of Forbes’ annual list of America’s Best-In-State Banks and Credit Unions. - [PenFed Credit Union Marketing Team Awarded Three Viddy Awards](https://thecreditunionconnection.com/penfed-credit-union-marketing-team-awarded-three-viddy-awards/): PenFed Credit Union announced its marketing team was selected for three Viddy Awards for their work on the \"Are Extended Car Warranties Worth It\" Animation, Learning Center Animated Infographic Series and the PenFed Online Experience Video. - [Brazos Valley Schools Credit Union Selects Co-op Solutions as Key Partner in Payments Enhancements Strategy](https://thecreditunionconnection.com/brazos-valley-schools-credit-union-selects-co-op-solutionsnbspas-key-partner-in-payments-enhancements-strategy/): To meet changing member demands and accelerate the growth of its payments portfolio, Katy, Texas-based Brazos Valley Schools Credit Union - [NCR Announces Filing of Form 10 Registration Statement for Planned Spin-Off of ATM Company](https://thecreditunionconnection.com/ncr-announces-filing-of-form-10-registration-statement-for-planned-spin-off-of-atm-company/): NCR Corporation announced the filing of the Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spin-off of its ATM business. - [OCCU team leverages corporate volunteer benefits to maintain Oregon nature preserve](https://thecreditunionconnection.com/occu-team-leverages-corporate-volunteer-benefits-to-maintain-oregon-nature-preserve/): A team from OCCU recently used corporate paid volunteer time benefits to perform trail maintenance work at a local Eugene, OR, nature reserve. - [Metro West Chapter of Credit Unions seeks grant requests from area non-profit organizations](https://thecreditunionconnection.com/metrowestcus-grants/): Grants available up to $2,500 each - [Juniper Payments Completes Certification for Federal Reserve’s New Instant Payments Service ](https://thecreditunionconnection.com/juniper-payments-completes-certification-for-fednowsm/): Juniper Payments is among the first in the industry to complete testing and certification for the FedNowSM Service! - [Zest AI Announces FairBoost, A Tool for Fairer and Clearer Credit Underwriting for Lenders](https://thecreditunionconnection.com/zest-ai-announces-fairboost/): Zest AI announced the unveiling of Zest AI FairBoost, the next step in the company\'s machine learning innovations to bring fairer, clearer credit underwriting to financial institutions of all sizes. - [Georgia United Credit Union Selects FirstClose\'s End-to-End Digital Home Equity Solution to Streamline Automation, Scale and Enhance Member Experience](https://thecreditunionconnection.com/georgia-united-credit-union-selects-firstcloses-end-to-end-digital-home-equity-solution-to-streamline-automation-scale-and-enhance-member-experience/): FirstClose, Inc. announced that Georgia United Credit Union has chosen FirstClose Equity as its end-to-end digital home equity platform to meet the demands of its more than 150,000 credit union members. - [Simplified CECL Tool Updated for June 30, 2023](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-june-30-2023/): The update includes the latest life-of-loan, or Weighted Average Remaining Maturity, factors and additional minor enhancements. - [CUES Selects Heather McKissick as Next CEO After National Search](https://thecreditunionconnection.com/cues-selects-heather-mckissick-as-next-ceo-after-national-search/): CUES has selected Heather McKissick to serve as its next CEO after a nationwide search - [Indiana Members Credit Union Contributes $1,907 to Ascension St. Vincent Foundation](https://thecreditunionconnection.com/imcu-1907-to-ascension-st-vincent-foundation/): Indiana Members Credit Union recently presented a check for $1,907 to Ascension St. Vincent Foundation as part of an ongoing debit card give back program. - [Coastal Credit Union Foundation Awards Grants to Three Local Nonprofits](https://thecreditunionconnection.com/coastal-credit-union-foundation-awards-grants-to-three-local-nonprofits/): The Coastal Credit Union Foundation announced today that it has awarded $170,000 to three nonprofits in North Carolina! - [Sikorsky Credit Union Donates 400 Backpacks For Children’s Summer Camp Program](https://thecreditunionconnection.com/sikorsky-cu-donates-backpacks/): Sikorsky Credit Union donated 400 string backpacks to the Sterling House Community Center for kids attending their summer camp program. - [Genisys Credit Union named a Best Credit Union in Michigan by Forbes ](https://thecreditunionconnection.com/genisys-cu-named-a-best-cu-in-michigan-forbes/): Genisys Credit Union received recognition as a Best Credit Union in Michigan on Forbes’ annual “America’s Best-In-State Credit Unions” list for the fourth consecutive year. - [Maine Credit Union League and Synergent Board Appoints Industry Veteran Cris Wescott as Interim President/CEO](https://thecreditunionconnection.com/maine-credit-union-league-and-synergent-board-appoints-industry-veteran-cris-wescott-as-interim-presidentceo/): Wescott replaces Todd Mason who will be leaving the organizations this summer. - [New Management, New Hires, New Awards and More](https://thecreditunionconnection.com/new-management-new-moves/): The encurage financial network announced its executive management team, the CEO of Texas Trust Credit Union employee has been has been named a 2023 Most Admired CEO, and .Delta Community Credit Union announced its CEO will serve as the new chairman of the League of Southeastern Credit Unions & Affiliates Board of Directors… - [For USAID and WOCCU, Migrant Socioeconomic Integration in Ecuador and Peru Has New Milestones](https://thecreditunionconnection.com/usaid-and-woccu-migrant-socioeconomic-integration-in-ecuador-and-peru/): Economic Inclusion Project hosts events focused on achievements, lessons learned and future goals - [NCUA Board Approves Proposal on MDI Preservation Program](https://thecreditunionconnection.com/ncua-board-approves-proposal-on-mdi-preservation-program/): The NCUA’s Office of Credit Union Resources and Expansion briefed the Board on the agency’s efforts to modernize the charter process. - [SELCO Community Credit Union Ranked Among “Best Credit Unions In Oregon” By Forbes](https://thecreditunionconnection.com/selco-community-credit-union-ranked-best-credit-unions-in-oregon-by-forbes/): SELCO Community Credit Union has been named one of the top credit unions in Oregon by Forbes as part of the business publication’s 2023 list of “America’s Best Credit Unions in Each State.” - [RenoFi Signs Distribution Agreement with TruStage to Help Credit Unions Offer Next Generation Home Renovation Loans to Their Members](https://thecreditunionconnection.com/renofi-signs-distribution-agreement-with-trustage-to-help-credit-unions-offer-next-generation-home-renovation-loans-to-their-members/): RenoFi announced it has signed a distribution agreement with TruStage to bring home renovation financing solutions to credit unions across the country. - [Sikorsky Credit Union Awards $5,000 to Scholarship Winners](https://thecreditunionconnection.com/sikorsky-credit-union-awards-5000-to-scholarship-winners/): Sikorsky Credit Union awarded five $1,000 scholarships to high school seniors who are headed to college this fall. - [NCUA Rescinds Most COVID-19 Guidance to Credit Unions](https://thecreditunionconnection.com/ncua-rescinds-most-covid-19-guidance-to-cus/): National Credit Union Administration announced that it is rescinding many of its pandemic-related guidance to credit unions. - [LSCU Announces Professionals and Young Professionals of the Year](https://thecreditunionconnection.com/lscu-announces-professionals-and-young-professionals-of-the-year/): LSCU & Affiliates presented the Professional and Young Professional of the Year Awards at the 2023 Southeastern Credit Union Conference & Expo! - [GTE Financial Wins Three Awards For Innovative Marketing, Including Silver in Social Media](https://thecreditunionconnection.com/gte-financial-wins-3-mac-awards/): GTE Financial is a winning recipient of three awards at the 2023 Marketing Association of Credit Unions (MAC) national competition. - [CUNA-sought CDFI Reforms in House FY24 FSGG Appropriations Bill](https://thecreditunionconnection.com/cuna-sought-cdfi-reforms-in-house-fy24-fsgg-appropriations-bill/): The House Appropriations Subcommittee on Financial Services and General Government FSGG released its FY24 draft bill Wednesday night with several items of interest to credit unions. - [FORUM Celebrates Foundation Recipients](https://thecreditunionconnection.com/forum-celebrates-foundation-recipients/): FORUM Credit Union recently held its ninth annual Foundation Summer Reception at the FORUM Events Center in Fishers. This reception honors the Foundation’s current educator grant and collegiate scholarship recipients. - [Credit Unions of Alberta and connectFirst credit union launch Women in Ag Grant to help women grow their ag dreams](https://thecreditunionconnection.com/cus-of-alberta-and-connectfirst-cu-launch-women-in-ag-grant/): Two Alberta women will receive $10,000 each for their ag businesses - [Interchange Bill Would Take its Toll on Credit Unions and Member Service](https://thecreditunionconnection.com/interchange-bill-would-take-its-toll-on-credit-unions-and-member-service/): As retailers shoulder interchange legislation through Congress under provably false pretenses, credit unions and their members are … - [NACUSO Names Ronaldo Hardy President/CEO](https://thecreditunionconnection.com/nacuso-names-ronaldo-hardy-presidentceo/): CU Strategic Planning Chief People Officer/Owner makes the leap to NACUSO president & CEO. He’s known as an innovator among… - [Proposed Federal Legislation Threatens Security of Credit Card Payment Data; Will Increase Cost of Financial Services](https://thecreditunionconnection.com/proposed-federal-legislation-threatens-security-of-credit-card-payment-data-will-increase-cost-of-financial-services/): The Credit Card Competition Act would significantly alter a credit card payment system that currently works for all parties involved, while raising costs and threatening data security for Iowa consumers. - [Vizo Financial Completes Certification for Federal Reserve’s New Instant Payment Service](https://thecreditunionconnection.com/vizo-financial-completes-certification-for-fedenowsm/): Vizo Financial is among the first in the industry to complete testing and certification for the FedNowSM Service! - [Oregon legislature passes high school financial literacy bill](https://thecreditunionconnection.com/oregon-legislature-passes-high-school-financial-literacy-bill/): Oregon Legislature has just passed SB 3, which guarantees high school students a full semester credit of personal finance education as a graduation requirement. - [Worldwide Foundation for Credit Unions Launches Resilience Initiative in Ukraine](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-launches-resilience-initiative-in-ukraine/): Worldwide Foundation for Credit Unions (WFCU) this week tapped its Ukrainian Credit Union Displacement Fund for $500,000 to launch a new credit union… - [UMassFive Helps Award $4,000 in Scholarships](https://thecreditunionconnection.com/umassfive-helps-award-4000-in-scholarships/): UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Firas Hashmi, and Jack Wagner - [Affinity Plus Named One of Minnesota’s Top Workplaces](https://thecreditunionconnection.com/affinity-plus-named-one-of-minnesotas-top-workplaces/): Affinity Plus Federal Credit Union (Affinity Plus) has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune for the sixth year in a row. - [CFPB Releases Reports on Banking Access and Consumer Finance in Southern States](https://thecreditunionconnection.com/fpb-releases-reports-on-banking-access-and-consumer-finance-in-southern-states/): The Consumer Financial Protection Bureau (CFPB) today issued two new reports on the financial opportunities and challenges facing Southern communities. - [Members ATM Alliance Selects NCR ATM as a Service to Power Self-Directed Banking for Credit Unions](https://thecreditunionconnection.com/members-atm-alliance-selects-ncr-atm-as-a-service-to-power-self-directed-banking-for-credit-unions/): NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced that it has partnered with Members ATM Alliance - [Navy Federal Partners With United States Navy Memorial to Support and Honor Servicemembers](https://thecreditunionconnection.com/navy-federal-partners-with-united-states-navy-memorial-to-support-and-honor-servicemembers/): Navy Federal Credit Union, a member-owned credit union for 90 years, is partnering with the United States Navy Memorial (USNM) for a multi-year sponsorship - [Newzip Partners with Apple Federal Credit Union to Elevate the Mortgage Experience](https://thecreditunionconnection.com/newzip-partners-with-apple-federal-credit-union-to-elevate-the-mortgage-experience/): Newzip, a leading provider of innovative real estate solutions, announced it is partnering with Apple Federal Credit Union - [Tyfone Partners with Silicon Valley-Based Star One Credit Union to Implement New Instant Payment Solution, Now Certified For Federal Reserve’s FedNowSM Service](https://thecreditunionconnection.com/tyfone-partners-with-silicon-valley-based-star-one-credit-union-to-implement-new-instant-payment-solution-now-certified-for-federal-reserves-fednowsm-service/): Digital banking innovator Tyfone, Inc. today announced its strategic partnership with Star One Credit Union to implement the credit union’s new - [Desert Financial Named a Forbes Best-In-State Credit Union](https://thecreditunionconnection.com/desert-financial-named-a-forbes-best-in-state-credit-union/): Forbes named Desert Financial Credit Union as a Best-In-State Credit Union in 2023 and the top credit union in Arizona for the fifth year in a row - [Your Marketing Co. Team Grows in Number and in Their Roles](https://thecreditunionconnection.com/your-marketing-co-team-grows-in-number-and-in-their-roles/): Your Marketing Co. couldn’t be more excited to announced that the team is growing with two additions and two shifts - [CFPB Report Identifies Issues with Increased Servicemember Use of Digital Payment Apps](https://thecreditunionconnection.com/cfpb-report-identifies-issues-with-increased-servicemember-use-of-digital-payment-apps/): Annual report also highlights other financial challenges facing the military community - [Atlantic Federal Credit Union Foundation Announces $30,000 Financial Education Grants](https://thecreditunionconnection.com/atlantic-fcu-foundation-announces-30000-financial-education-grants/): Atlantic Federal Credit Union Foundation has announced the availability of $30,000 in financial education grants to support matched savings programs such as Individual Development Accounts (IDAs) and Family Development Accounts (FDAs). - [Mazuma Credit Union to Host 75th Anniversary Celebrations across Kansas City](https://thecreditunionconnection.com/mazuma-75th-anniversary-celebration/): CU Members and local communities are invited to “Party Like You Own the Place” - [Star Tribune Names TopLine Financial Credit Union a 2023 National Standard Top Workplace](https://thecreditunionconnection.com/star-tribune-names-topline-financial-credit-union-a-2023-national-standard-top-workplace/): Local member-owned financial services cooperative TopLine Financial Credit Union has been named one of the Top Workplaces in Minnesota by the Star Tribune. - [First Harvest Credit Union Board of Directors Names New Leadership](https://thecreditunionconnection.com/first-harvest-names-new-ceo/): The Board of Directors of First Harvest Credit Union announced that Michael Dinneen will become its next President & CEO, effective July 1, 2023. - [First Tech Federal Credit Union Awards Over $1 Million in Education Grants to 69 West Coast Nonprofits](https://thecreditunionconnection.com/first-tech-federal-credit-union-awards-over-1-million-in-education-grants-to-69-west-coast-nonprofits/): First Tech Federal Credit Union contributed more than $1 million to support education initiatives in its local communities, including $1,030,000 in grants to 69 nonprofit organizations and $60,000 in scholarships to 12 First Tech member students. - [Video Banking Service Market Set to Achieve $247.9 Billion by 2031 : Growth Analysis and Industry Overview](https://thecreditunionconnection.com/video-banking-service-market-set-to-achieve-2479-billion-by-2031-growth-analysis-and-industry-overview/): Market to grow rapidly with the integration of technology. The adoption of innovative technology gaining significant traction will be helpful for market growth. - [Integris Creates Separate Division Servicing Community Banks, Financial Institutions Following Merger with CalTech](https://thecreditunionconnection.com/integris-creates-separate-division-servicing-community-banks-financial-institutions-following-merger-with-caltech/): Integris launched a new division specializing in servicing financial institutions! - [Special report from S&P Global Mobility: Auto-finance delinquencies rise past Great Recession peak, but…](https://thecreditunionconnection.com/special-report-from-sampp-global-mobility-auto-finance-delinquencies-rise-past-great-recession-peak-but/): The surge is concentrated primarily in subprime, with remaining categories remaining near historic norms. Tightening credit means recent-vintage loans should stabilize the market. - [Jack Henry™ Launches Real-Time Payments Fraud Feature](https://thecreditunionconnection.com/jack-henry-launches-real-time-payments-fraud-feature/): Real-Time, AI-Based Fraud Mitigation Feature Supports Multiple Payment Types - [Glia and Illuma Partnership Brings Seamless Voice Authentication to Customer Interactions](https://thecreditunionconnection.com/glia-and-illuma-partnership-brings-seamless-voice-authentication-to-customer-interactions/): Evans Bank and WyHy FCU among first to deploy Illuma Shield™ on Glia Interaction Platform - [PSECU Named One of Top Two Credit Unions in PA by Forbes Magazine ](https://thecreditunionconnection.com/psecu-named-one-of-top-two-credit-unions-in-pa-by-forbes-magazinenbsp/): Forbes Magazine recently released its list of Best-In-State Credit Unions for 2023 and PSECU announced that it has risen to the number two spot for credit unions in the state.  - [RiverLand Federal Credit Union Launches Mahalo Banking Platform to Accelerate Digital Innovation](https://thecreditunionconnection.com/riverland-federal-credit-union-launches-mahalo-banking-platform-to-accelerate-digital-innovation/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced a new platform launch with… - [Superior Credit Union Is a Top Mortgage Lender in Cincinnati, OH](https://thecreditunionconnection.com/superior-cu-top-mortgage-lender-cincinnati/): Superior Credit Union offers various financial services, including checking and savings accounts, home equity loans, mortgages, auto loans, student loans, etc. - [How Rewards Valuations Can Impact Cardholder Acquisition and Retention](https://thecreditunionconnection.com/how-rewards-valuations-can-impact-cardholder-acquisition-and-retention/): Whether you actively monitor the loyalty space or just watch the evening news, you may have noticed several high-profile brands - [MOVEit Transfer Web Application Vulnerability](https://thecreditunionconnection.com/moveit-transfer-web-application-vulnerability/): Cybersecurity and Infrastructure Security Agency issued Progress Software Releases Security Advisory for MOVEit Transfer, a Cybersecurity Alert addressing a critical vulnerability that affects the MOVEit Transfer web application. - [AACUC 25th Anniversary Annual Conference Storms Stone Mountain, Georgia](https://thecreditunionconnection.com/aacuc-25th-anniversary-annual-conference-storms-stone-mountain-georgia/): Anchor Award-Winning Organization Seeks to Deepen Its Legacy, Building on Organization’s Past, Present, and Future - [Sun East Recognizes Local Students and Teachers with Service Awards](https://thecreditunionconnection.com/sun-east-fcu-people-helping-people-awards/): Sun East Federal Credit Union annually recognizes several local students in the community who embody the organization\'s philosophy of \"People Helping People.\" - [Truliant Completes 742 Panel Rooftop Solar Installation at Operations Center](https://thecreditunionconnection.com/truliant-completes-742-panel-rooftop-solar-installation-at-operations-center/): Installation is Forsyth County’s largest and part of major adaptive reuse project at Hanes Mall. Truliant to utilize all power produced by panels. - [Louisiana Becomes 22nd State to Guarantee a Personal Finance Course for All High School Students](https://thecreditunionconnection.com/louisiana-becomes-22nd-state-to-guarantee-a-personal-finance-course-for-all-high-school-students/): Governor John Bel Edwards signed into law Louisiana House Bill 103, bipartisan legislation that makes Louisiana the 22nd state to guarantee a standalone personal finance course for high school students. - [Genisys Credit Union celebrates new Waterford Branch with Ribbon Cutting Ceremony](https://thecreditunionconnection.com/genisys-credit-union-celebrates-new-waterford-branch-with-ribbon-cutting-ceremony/): Genisys Credit Union celebrated the grand opening of their new branch in Waterford with a ribbon cutting ceremony. - [WOCCU Members Visit Key International Standards Setting Bodies to Advance Financial Inclusion](https://thecreditunionconnection.com/woccu-members-visit-key-international-standards-setting-bodies-to-advance-financial-inclusion/): The World Council of Credit Unions made a sweep through three countries to visit with key International Standard Setting Bodies. - [Marketing Association of Credit Unions Honors Greater Texas|Aggieland with Five Awards](https://thecreditunionconnection.com/greater-texasaggieland-credit-union-marketing-association-of-credit-unions-awards/): Greater Texas|Aggieland Credit Union took home five awards from the annual Marketing Association of Credit Unions (MAC). - [Citadel Credit Union Gives Philadelphia Area Teachers $58,000 in Grants With 2023 Citadel Heart of Learning Award](https://thecreditunionconnection.com/citadel-credit-union-gives-philadelphia-area-teachers-58000-in-grants-with-2023-citadel-heart-of-learning-award/): Thirty-one Greater Philadelphia teachers have won the prestigious Citadel Heart of Learning Award after being nominated and selected among thousands of teachers. - [OnPoint Community Credit Union Awards Scholarships to Six Phenomenal OSAA Students](https://thecreditunionconnection.com/osaa-and-onpoint-scholarships/): OSAA and OnPoint have partnered to award $90,500 to 25 students - [Another Record Set in the Polish & Slavic FCU Scholarship Program](https://thecreditunionconnection.com/another-record-set-in-the-polish-amp-slavic-fcu-scholarship-program/): 512 Young PSFCU Members Receive A Total of $550,000 in Scholarships - [PSCU Payments Index - June 2023 Edition](https://thecreditunionconnection.com/pscu-payment-index-june/): PSCU published the June edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. - [Credit Unions Talk Technology at Origence’s Lending Tech Live ’23 Conference](https://thecreditunionconnection.com/credit-unions-talk-technology-at-origences-lending-tech-live-23-conference/): AI, liquidity, lending automation, and the economic landscape among topics discussed at the once again sold-out lending technology conference for credit unions - [Alloya’s 2023 Credit Union Executive Leadership Symposium Returns to Las Vegas this September](https://thecreditunionconnection.com/alloyas-credit-union-executive-leadership-symposium/): In its ninth year, Alloya’s Credit Union Executive Leadership Symposium will return to The Palazzo at The Venetian Resort in Las Vegas from September 6-8, 2023. - [Nacha’s Payments Innovation Alliance Marks World Elder Abuse Awareness Day by Releasing Resources to Address Financial Exploitation of Older Americans](https://thecreditunionconnection.com/nachas-payments-innovation-alliance-marks-world-elder-abuse-awareness-day-by-releasing-resources-to-address-financial-exploitation-of-older-americans/): Nacha\'s Payments Innovation Alliance has created tools to educate financial institutions about the prevalence of elder financial abuse and how to assist account holders who may have been targeted. - [Synergent Partners with the Cooperative Credit Union Association to Offer Marketing and Statement Services](https://thecreditunionconnection.com/synergent-partners-with-the-cooperative-credit-union-association/): Synergent® and the Cooperative Credit Union Association are partnering to provide Synergent’s Marketing Suite of Services and Statement Processing to credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island. - [40TH Annual Tower Classic Golf Tournament Raises $61,000 to Help Sick Children at Johns Hopkins Children’s Center](https://thecreditunionconnection.com/towercares-foundation-golf-tournament-benefits-john-hopkins/): The annual golf tournament, hosted by the TowerCares Foundation, raised the highest amount in the event’s 40-year history, with all proceeds going to Johns Hopkins Children’s Center. - [LGE Community Credit Union awards $32,500 in scholarships to local high school students](https://thecreditunionconnection.com/2023-lge-community-credit-union-scholarships/): LGE Community Credit Union announced the winners of the 2023 LGE Community Credit Union Scholarship and the Positive Athlete LGE Extra Credit Award. - [When CCUA announced a virtual press tour, I had to…](https://thecreditunionconnection.com/ccua-walt-laskos-pr-credit-unions/): Credit union are always talking about the great story they have to tell - and they do - but then they don’t invest in it. Walt Laskos and Sarah Snell Cooke… - [SDFCU Announces Jim Hayes as New CEO](https://thecreditunionconnection.com/sdfcu-new-ceo-jim-hayes/): State Department Federal Credit Union is pleased to announce Jim Hayes as its new President/CEO effective July 31, 2023. - [Horizon Credit Union Raises Nearly $20k for CU4Kids Campaign](https://thecreditunionconnection.com/horizon-credit-union-raises-nearly-20k-for-cu4kids/): Horizon Credit Union members and employees teamed up to raise $19,521 for the annual CU4Kids campaign, far exceeding this year’s goal of $15,000. - [MeridianLink Helps Florida’s Third Largest Credit Union Increase Automated Approvals by Over 25%](https://thecreditunionconnection.com/meridianlink-one-and-space-coast-cu/): Space Coast Credit Union achieves significant workflow gains and enhanced member experience with reduced application decisioning and funding times through the use of the MeridianLink One platform - [Texas Bay Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/texas-bay-credit-union-selects-upstart-for-personal-lending/): Texas Bay Credit Union, a credit union and community development financial institution (CDFI) serving the greater Houston market - [Vizo Financial Staff Participates in Walk for Children’s Event](https://thecreditunionconnection.com/vizo-financial-staff-participates-in-walk-for-childrens-event/): Vizo Financial raises $5,775 for Children’s Hospital of Pittsburgh of UPMC - [Arizona Department of Insurance and Financial Institutions Receives 2023 NASCUS Accreditation](https://thecreditunionconnection.com/arizona-difi-receives-2023-nascus-accreditation/): NASCUS announced that the Arizona Department of Insurance and Financial Institutions has earned Accreditation following a series of in-depth reviews and assessments by a panel of veteran state supervisors. - [Revolutionizing Employee Benefits: CUSO Reveals Success Stories from Leading Credit Union](https://thecreditunionconnection.com/interlutions-innovative-employee-benefits-cuso-forum/): InterLutions, an innovative employee benefits CUSO, recently hosted a forum exclusively for large credit unions to share their “results of collaboration.” - [Landmark Credit Union Breaks Ground on Next-Generation, Flagship Branch](https://thecreditunionconnection.com/landmark-credit-union-breaks-ground-on-next-generation-flagship-branch/): Landmark Credit Union breaks ground on its innovative, flagship branch, which will be located at 1391 Olympia Fields Drive, Oconomowoc, WI 53066. - [North Carolina State Employees’ Credit Union Board of Directors Names New CEO](https://thecreditunionconnection.com/north-carolina-state-employees-credit-union-board-of-directors-names-new-ceo/): State Employees’ Credit Union (SECU) Board of Directors announced today that Leigh Brady has been named CEO - [American Legion Honors PenFed Credit Union with its Legacy and Vision Award](https://thecreditunionconnection.com/american-legion-honors-penfed-credit-union-with-its-legacy-and-vision-award/): PenFed Credit Union President/CEO James Schenck receives the American Legacy and Vision Award from Department Commander Carmen Rosario and National Vice Commander (2021-22) Angel Narvaez. - [CUSO Financial Services Welcomes Allegent Community Federal Credit Union](https://thecreditunionconnection.com/cuso-financial-services-welcomes-allegent-community-federal-credit-union/): CUSO Financial Services, L.P. (CFS), a subsidiary of Atria Wealth Solutions, Inc. (Atria), is pleased to announce the addition of Allegent Community - [Alliant Credit Union and World Wide Technology Announce Partnership to Enhance Financial Wellness for Employees](https://thecreditunionconnection.com/alliant-credit-union-and-world-wide-technology-announce-partnership-to-enhance-financial-wellness-for-employees/): Alliant Credit Union (Alliant) – a member-owned, digital-only financial institution headquartered in Chicago, Illinois – is excited to announce - [Great Basin FCU Boosts Website Presence to Continue Growth](https://thecreditunionconnection.com/great-basin-fcu-boosts-website-presence-to-continue-growth/): uncommn helps GBFCU reach 11 new counties efficiently - [Carolina Foothills Federal Credit Union Partners with DoubleCheck Solutions to Offer Service Notifying Members of Insufficient Funds](https://thecreditunionconnection.com/carolina-foothills-fcu-partners-with-doublecheck-solutions/): Members get unparalleled transparency and control to proactively correct NSF transactions - [Trellance Announces Search for 100 Credit Unions to Participate in the Credit Union Data Exchange (CUDX)](https://thecreditunionconnection.com/trellance-cudx/): This initiative seeks to enable the credit union industry to harness the power of their collective data - [Video Banking Evolution: Eltropy Empowers Community Financial Institutions to Delight Consumers](https://thecreditunionconnection.com/eltropy-video-bank-webinar/): June 28 webinar will include real-time solutions from some of the hundreds of community financial institutions thriving with Video Banking - [PACU Foundation awards Piedmont Advantage Credit Union\'s Eden branch the Difference Maker Award](https://thecreditunionconnection.com/pacu-foundation-difference-maker-award/): Piedmont Advantage Credit Union announced today that its PACU Foundation awarded the Eden branch with the Difference Maker Award for their ongoing engagement and support of PACU Foundation initiatives. - [DCUC Announces 2023 Hall of Honor Inductees](https://thecreditunionconnection.com/dcuc-announces-2023-hall-of-honor-inductees/): This year, DCUC’s Hall of Honor Selection Committee selected Denise Floyd, Fort Sill FCU president/CEO (Retired), Brigadier General - [TopLine Financial Credit Union Recognized For Top Marketing Efforts](https://thecreditunionconnection.com/topline-awarded-4-mac-awards/): Marketing Association of Credit Unions Honors TopLine in Four Major Categories - [Q2 Announces Second Philanthropy Fund Grant Cycle](https://thecreditunionconnection.com/q2-announces-second-philanthropy-fund-grant-cycle/): Program to award $120,000 in grants to non-profits across the globe to further their mission and build strong and diverse communities - [American Eagle awards the Greystone Foundation with $3,000 donation from its charitable fund](https://thecreditunionconnection.com/american-eagle-awards-the-greystone-foundation-with-3000-donation-from-its-charitable-fund/): Avon nonprofit provides monetary assistance and financial advice to individuals and families in need - [Joint Statement by Didier Reynders, Commissioner for Justice and Consumer Protection of the European Commission and Rohit Chopra, Director of the United States CFPB](https://thecreditunionconnection.com/joint-statement-by-commissioner-for-justice-and-consumer-protection-of-the-european-commission-and-director-cfpb/): Commissioner for Justice and Consumer Protection of the European Commission and the Director of the United States CFPB announced the start of an informal dialogue between the European Commission and the US CFPB on a range of critical financial consumer protection issues. - [Ceres\' annual Climate Risk Scorecard demonstrates federal financial regulators\' progress in addressing climate risk](https://thecreditunionconnection.com/ceres-annual-climate-risk-scorecard-demonstrates-federal-financial-regulators-progress-in-addressing-climate-risk/): Regulators are transitioning away from initial stages of action toward more complex, impactful measures - [Wyoming Financial Institutions and FHLB Des Moines Grant $4.6 Million to Wyoming Nonprofits Supporting Affordable Housing, Community Development](https://thecreditunionconnection.com/wyoming-financial-institutions-and-fhlb-des-moines-grant-46-million-to-wyoming-nonprofits-supporting-affordable-housing-community-development/): More than $4.6 million has been awarded to hundreds of nonprofit and government agencies across Wyoming to support affordable housing and community development needs. - [Union Credit Launches Marketplace of Trusted Credit Union Lenders](https://thecreditunionconnection.com/union-credit-launches-marketplace-of-trusted-credit-union-lenders/): Mission focused Fintech takes on challenge of bringing the next generation of membership to credit unions and offering consumers more equitable choices - [CUNA Welcomes Nectar to its Growing Associate Business Member Community](https://thecreditunionconnection.com/cuna-welcomes-nectar-to-its-growing-associate-business-member-community/): Credit Union National Association Associate Business Membership positions its members as official business advocates and leaders in the industry while providing several benefits… - [Citadel Credit Union Introduces Citadel Cares Corporate Giving Program](https://thecreditunionconnection.com/citadel-credit-union-introduces-citadel-cares-corporate-giving-program/): Citadel Credit Union has launched Citadel Cares, a program dedicated to philanthropy and giving - [Waynesboro ValleyStar Credit Union Branch Moving to Fishersville](https://thecreditunionconnection.com/waynesboro-valleystar-credit-union-branch-moving-to-fishersville/): ValleyStar Credit Union announces the relocation of its Waynesboro branch to a new Fishersville location. - [New Changes In The CU Industry](https://thecreditunionconnection.com/new-changes-in-the-cu-industry/): LAFCU announced a new CFO, Clearview Federal Credit Union has announced the 16th Annual Joseph C. Cirelli Community Service Award recipient and Spero Financial announced it’s CEO has been named as the Vice Chairman of the Carolinas Credit Union League Board of Directors… - [Biana Murnane Appointed Chief Executive Officer Of Brightstar Credit Union  ](https://thecreditunionconnection.com/biana-murnane-appointed-chief-executive-officer-of-brightstar-credit-unionnbspnbsp/): Credit Union Veteran Brings Nearly Three Decades of ExperienceWorking at BrightStar to New CEO Role  - [Hawaii Central Federal Credit Union Supports the Institute for Human Services as they Celebrate their 45th Anniversary](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-supports-the-institute-for-human-services-as-they-celebrate-their-45th-anniversary/): A group of staff volunteers from Hawaii Central FCU volunteered their time at the Institute of Human Services, intending to help with getting much-needed meals out to the homeless community on Oahu. - [TowerCares Foundation Surpasses $2 Million in Donations, Grants and Scholarships to Help Military Heroes and Children in Need](https://thecreditunionconnection.com/towercares-foundation-surpasses-2-million-in-donations-grants-and-scholarships-to-help-military-heroes-and-children-in-need/): The TowerCares Foundation has provided over $2 million to help military families, Veterans, and children in need. - [State Partners and CFPB Sue Prehired For Illegal Student Lending Practices](https://thecreditunionconnection.com/state-partners-and-cfpb-sue-prehired-for-illegal-student-lending-practices/): Education outfit induced borrowers to take on debt based on false promises about jobs and income, engaged in bait-and-switch tactics on “income-share” loans - [Verity Credit Union Announces Spring 2023 Microgrant Recipients ](https://thecreditunionconnection.com/verity-credit-union-announces-spring-2023-microgrant-recipientsnbsp/): Program awards organizations whose work benefits historically underserved communities with grants of $2,500 - $5,000   - [Coastal Credit Union’s Creighton Blackwell Wins Chapel Hill - Carrboro Award](https://thecreditunionconnection.com/coastal-credit-unions-creighton-blackwell-wins-chapel-hill-carrboro-award/): The Chamber for a Greater Chapel Hill-Carrboro has awarded Coastal Credit Union’s Chief Community Impact & Public Affairs Officer Creighton Blackwell with their Business Excellence Award’s Businessperson of the Year.  - [California Credit Union Launches School Supply DriveIn Partnership with NBC4 and Telemundo 52](https://thecreditunionconnection.com/1x9yztk7xma7z75ncr37xgwn8f32nh/): California Credit Union has launched a school supplies drive to help local students start the school year ready to learn in partnership with NBC4 and Telemundo 52’s Supporting Our Schools back-to-school donation drive. - [Credit Union of Southern California Extends and Enhances \"Pick Your Term\" Share Certificate Campaign](https://thecreditunionconnection.com/credit-union-of-southern-california-extends-and-enhances-pick-your-term-share-certificate-campaign/): The 4.5% APY Promo Offers Flexible Term Options and Competitive Rate - [VyStar Credit Union Opens First Branch in Savannah Continuing Growth in Georgia](https://thecreditunionconnection.com/vystar-credit-union-opens-first-branch-in-savannahcontinuing-growth-in-georgia/): VyStar Credit Union is proud to announce its Savannah branch is now open at 477 Johnny Mercer Blvd., Savannah, Georgia. - [Atomic and eCU Technology Partner to Bring Automated Direct Deposit Switching to Credit Unions](https://thecreditunionconnection.com/atomic-and-ecu-technology-partner-to-bring-automated-direct-deposit-switching-to-credit-unions/): Atomic and eCU Technology Partner to Bring Automated Direct Deposit Switching to Credit Unions - [Seven School Districts Awarded $75,000 by Texas Trust Gives Foundation](https://thecreditunionconnection.com/seven-school-districts-awarded-75000-by-texas-trust-gives-foundation/): The Texas Trust Gives Foundation has awarded more than $75,000 in educational grants to seven school districts in North and Northeast Texas - [Redwood Credit Union Offers Free Shred-a-Thon in Ukiah, July 29](https://thecreditunionconnection.com/redwood-credit-union-offers-free-shred-a-thon-in-ukiah-july-29/): Visitors can securely dispose of sensitive documents and electronics - [CUNA Economics: Inflation Eased in June](https://thecreditunionconnection.com/cuna-economics-inflation-eased-in-june/): Credit Union National Association Senior Economist Dawit Kebede, PhD, issued a statement in response to the Labor Department’s June Consumer Price Index Report - [Tower Federal Credit Union Named a “Best-in-State”Credit Union by Forbes Magazine—Four Years in a Row!](https://thecreditunionconnection.com/tower-federal-credit-union-named-a-best-in-statecredit-union-by-forbes-magazinefour-years-in-a-row/): Forbes Magazine has named Tower Federal Credit Union a Best-in-State credit union for the state of Maryland. - [Safe Harbor Financial Launches Interest-Bearing Commercial Accounts](https://thecreditunionconnection.com/safe-harbor-financial-launches-interest-bearing-commercial-accounts/): Safe Harbor Financial announced the launch of interest-bearing commercial deposit accounts to cannabis businesses nationwide. - [Silvur and Idaho Central Credit Union launch first of its kind embedded retirement experience for members age 50+](https://thecreditunionconnection.com/silvur-and-idaho-central-credit-union-launch-first-of-its-kind-embedded-retirement-experience-for-members-age-50/): ICCU members can now access Retirement Simplified, powered by Silvur, through mobile and online banking. - [CAP Project Partner Credit Unions Surpass 1,000 Loans Provided Through USAID/WFCU Liquidity Fund](https://thecreditunionconnection.com/cap-project-partner-credit-unions-surpass-1000-loans-provided-through-usaidwfcu-liquidity-fund/): Ukrainian credit unions have now issued more than 1,000 loans through the $1 million USAID/Worldwide Foundation for Credit Unions’ Liquidity Fund. - [iQ Credit Union Announces New Treasury Management Services](https://thecreditunionconnection.com/iq-credit-union-announces-new-treasury-management-services/): iQ Credit Union announces the launch of its treasury management services, offering business members access to its automated clearing house and fraud prevention tools. - [Arbor Financial Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/arbor-financial-credit-union-selects-upstart-for-personal-lending/): Arbor Financial Credit Union announced that it has partnered with Upstart to provide personal loans to more members. - [MDT Celebrates 20 Years of Supporting the Credit Union Community](https://thecreditunionconnection.com/mdt-celebrates-20-years-of-supporting-the-credit-union-community/): Member Driven Technologies is celebrating its 20 year anniversary. - [Alacriti Joins Co-op Strategic Provider Program](https://thecreditunionconnection.com/alacriti-joins-co-op-strategic-provider-program/): Co-op Solutions is partnering with fintech company Alacriti to help credit unions deliver modern, intuitive loan payment services - [SECU Foundation Awards Teach for America with $250,000 Grant](https://thecreditunionconnection.com/secu-foundation-awards-teach-for-america-with-250000-grant/): Funding supports expansion of RISE Fellowship to retain teachers in underserved communities - [Greater Texas Employees Donate Time to the Community First! Village Genesis Gardens](https://thecreditunionconnection.com/greater-texas-employees-donate-time-to-the-community-first-village-genesis-gardens/): Employees from Greater Texas Credit Union worked alongside the men and women that live at Community First! Village to help prepare their Genesis Gardens for the new growing season. - [BE IN THE DRIVER\'S SEAT OF YOUR OWN FINANCIAL JOURNEY](https://thecreditunionconnection.com/be-in-the-drivers-seat-of-your-own-financial-journey/): Professional Racecar Driver Sabré Cook Joins Forces with PenFed to Help Others Pave a Road Toward Financial Success - [Q2 Reports More Than 100 Percent Growth in Financial Institution and Fintech Partnerships Through Q2 Innovation Studio](https://thecreditunionconnection.com/q2-reports-more-than-100-percent-growth-in-financial-institution-and-fintech-partnerships-through-q2-innovation-studio/): Q2 Holdings, Inc announced rapid year-over-year growth of Q2 Innovation Studio as a result of financial institutions’ increased need to attract, retain and grow customer relationships and deposits. - [Financial Institutions See Significant Drop in Account-to-Account Transfer Fraud After Roll Out of Real-Time Risk Scoring from Fiserv](https://thecreditunionconnection.com/financial-institutions-see-significant-drop-in-account-to-account-transfer-fraud-after-roll-out-of-real-time-risk-scoring-from-fiserv/): New TransferNow® capabilities enable financial institutions to enhance end-to-end risk management while providing a better customer experience - [Kinecta Federal Credit Union Opens New Branch in Thousand Oaks](https://thecreditunionconnection.com/kinecta-federal-credit-union-opens-new-branch-in-thousand-oaks/): On Monday, June 26, Kinecta Federal Credit Union opened its newest branch in Thousand Oaks, California. - [California CU Expands Service Area & Converts to Community-Based Charter in Los Angeles County, Extending Market Footprint Across Southern California](https://thecreditunionconnection.com/california-cu-expands-service-area-amp-converts-to-community-based-charter-in-los-angeles-county-extending-market-footprint-across-southern-california/): Expansion Marks Credit Union\'s 90th Anniversary of Service to Members - [IC Credit Union Taps Alkami for Tech Stack Overhaul](https://thecreditunionconnection.com/ic-credit-union-taps-alkami-for-tech-stack-overhaul/): Alkami Technology, Inc., (\"Alkami\"), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S - [CUNA, AACUL, NAFCU File SCOTUS Brief Supporting CFPB Under Appropriations](https://thecreditunionconnection.com/cuna-aacul-nafcu-filenbspscotus-brief-supporting-cfpb-under-appropriations/): Credit Union National Association (CUNA), joined by the American Association of Credit Union Leagues (AACUL) and National Association of Federally-Insured Credit Unions (NAFCU) - [Abrigo announces strategic move to Amazon Web Services for continued scalability](https://thecreditunionconnection.com/abrigo-announces-strategic-move-to-amazon-web-services-for-continued-scalability/): Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, - [Lake Michigan Credit Union Adopts Total Expert to Fuel Member Engagement and Drive Marketing Visibility](https://thecreditunionconnection.com/lake-michigan-credit-union-adopts-total-expert-to-fuel-member-engagement-and-drive-marketing-visibility/): Lake Michigan Credit Union (LMCU), a top five mortgage credit union headquartered in western Michigan, has partnered with Total Expert - [Covius Announces New Digital Home Equity Title Solution With Pre-Screening Component for Banks and Credit Unions To Improve Speed, Pull-Through and Cost](https://thecreditunionconnection.com/covius-announces-new-digital-home-equity-title-solution-with-pre-screening-component-for-banks-and-credit-unions-to-improve-speed-pull-through-and-cost/): Covius announced today that its Settlement Services division has introduced a new home equity decisioning solution that significantly accelerates - [Orange County\'s Credit Union Welcomes Kathy Jumper as New CEO](https://thecreditunionconnection.com/orange-countys-credit-union-welcomes-kathy-jumper-as-new-ceo/): The Board of Directors of Orange County\'s Credit Union announced today the appointment of Kathy Jumper as its new chief executive officer - [AKUVO Launches #Just1Post Campaign to Support the Via Stella Foundation Aiding Ukrainian Refugees in Poland](https://thecreditunionconnection.com/akuvo-launches-just1post-campaign-to-support-the-via-stella-foundation-aiding-ukrainian-refugees-in-poland/): AKUVO has announced a $10,000 fundraising campaign that will benefit the Via Stella Foundation, a Polish and American credit union initiative that provides aid to Ukrainian refugees - [Hawaii State FCU Awards More Than $40,000 in Grants to Public School Teachers Across The State](https://thecreditunionconnection.com/hawaii-state-fcu-awards-more-than-40000-in-grants-to-public-school-teachers-across-the-state/): Hawaii State FCU announced that it has awarded $40,000 in grants to Hawaii public school teachers through its 2023 Investing in Education grant program. - [SECU Helps Send 185 Youth Members to Summer Camps through Scholarship Program](https://thecreditunionconnection.com/secu-helps-send-185-youth-members-to-summer-camps/): State Employees’ Credit Union completed its second annual Summer Camp Awards campaign, sending 185 of its FAT CAT® and Zard® youth members off to their favorite camp with a $500 scholarship each to help cover expenses. - [ PSCU Kicks Off Fourth Annual “Credit Union Give Back Sweepstakes”](https://thecreditunionconnection.com/nbsppscu-kicks-off-fourth-annual-credit-union-give-back-sweepstakes/): PSCU announces its fourth annual Credit Union Give Back Sweepstakes. - [interface.ai Unveils Sphere: Industry-first Generative AI-Powered, ChatGPT-like Assistant, Redefining the Banking Experience for Banks & Credit Unions](https://thecreditunionconnection.com/interfaceai-unveils-sphere-industry-first-generative-ai-powered-chatgpt-like-assistant/): Spearheading the era of Interactive Intelligence for Banking, interface.ai\'s new product suite, Sphere, uniquely converges the System of Engagement and System of Intelligence. - [Reseda Group Acquires Digital Consumer Engagement Leader ChannelNet](https://thecreditunionconnection.com/reseda-group-acquires-digital-consumer-engagement-leader-channelnet/): Reseda Group, a wholly owned credit union service organization (CUSO) of MSU Federal Credit Union (MSUFCU), today announced its purchase oF - [Trellance Partners with LEVERAGE Payment Solutions to Bring Payment Solutions to Credit Unions](https://thecreditunionconnection.com/trellance-partners-with-leverage-payment-solutions-to-bring-payment-solutions-to-credit-unions/): The partnerships will allow credit unions to access the payment solutions their members need as well as a robust support system - [CUNA Releases Study on True Impact of Interchange Regulation](https://thecreditunionconnection.com/cuna-releases-study-on-true-impact-of-interchange-regulation/): As big box retailers push Congress to impose more government mandates on card payment systems and interchange, a new study reveals - [Cornerstone Advisors Research Illustrates How Durbin Amendment Negatively Impacted Financial Institutions and Consumers](https://thecreditunionconnection.com/cornerstone-advisors-research-illustrates-how-durbin-amendment-negatively-impacted-financial-institutions-and-consumers/): New research from Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, - [CFPB, U.S. Department of Health and Human Services, and U.S. Department of Treasury Launch Inquiry into Costly Credit Cards and Loans Pushed on Patients for Health Care Costs](https://thecreditunionconnection.com/cfpb-us-hhs-and-us-treasury-launch-inquiry-into-costly-credit-cards-and-loans-pushed-on-patients/): Public input will bolster agencies’ broad efforts to safeguard consumers against predatory medical debt and collections practices - [2023 Recognition Award Winners Honored at CUNA Finance Council Conference](https://thecreditunionconnection.com/2023-recognition-award-winners-honored-at-cuna-finance-council-conference/): The credit union movement’s brightest finance stars were recognized during an awards luncheon ceremony during the CUNA Finance Council Conference, May 21-24, in Anaheim California. - [Federman & Sherwood Investigates National Institutes of Health Federal Credit Union for Data Breach](https://thecreditunionconnection.com/federman-amp-sherwood-investigates-national-institutes-of-health-federal-credit-union-for-data-breach/): The law firm of Federman & Sherwood has initiated an investigation into National Institutes of Health Federal Credit Union - [VyStar Credit Union Kicks off Endless Summer Sweepstakes](https://thecreditunionconnection.com/vystar-credit-union-kicks-off-endless-summer-sweepstakes/): Chance to Win VIP Experiences and Grand Prize Three Million Points - [OCCU opens a new branch in Roseburg, OR](https://thecreditunionconnection.com/occu-opens-a-new-branch/): OCCU, Oregon’s third-largest credit union, opens its newest branch in Roseburg, Oregon. - [BECU to Grow Presence in the Kitsap Peninsula with New Financial Center in Gig Harbor](https://thecreditunionconnection.com/becu-to-grow-presence-in-the-kitsap-peninsula-with-new-financial-center-in-gig-harbor/): BECU announced today it will open a Neighborhood Financial Center early next year in Gig Harbor, Washington. - [Tower Federal Credit Union Earns Great Place to Work® Certification—Five Years in a Row](https://thecreditunionconnection.com/tower-fcu-earns-5th-great-place-to-work-certification/): The credit union has received recognition for the fifth consecutive year by the independent analysts at Great Place to Work®, an industry leader on quantifying employee experience. - [Credit Union of Atlanta Names Debra Collins as New CEO](https://thecreditunionconnection.com/credit-union-of-atlanta-names-debra-collins-as-new-ceo/): Credit Union of Atlanta is excited to welcome Debra Collins and looks forward to a future of growth and service under her leadership. - [CUSO Launches Strategic Partnership to Help Credit Unions and Their Business Members Navigate the Complexities of ERC](https://thecreditunionconnection.com/cuso-launches-strategic-partnership-to-help-credit-unions-and-their-business-members-navigate-the-complexities-of-erc/): InterLutions launched a strategic partnership with Innovation Refunds to help credit unions and their business members better understand the complexities of qualifying and filing for ERC. - [Cleveland.com And The Cleveland Plain Dealer Names Cardinal Credit Union A Top Workplace In Northeast Ohio For Three Years In A Row](https://thecreditunionconnection.com/clevelandcom-and-the-cleveland-plain-dealer-names-cardinal-credit-union-a-top-workplace-in-northeast-ohio-for-three-years-in-a-row/): For the third consecutive year, Cardinal Credit Union is being recognized as a Top 2023 Workplace by The Cleveland Plain Dealer and Cleveland.com. - [Jack Henry Named to Newsweek\'s America\'s Greatest Workplaces 2023](https://thecreditunionconnection.com/jack-henry-named-to-newsweeks-americas-greatest-workplaces-2023/): Jack Henry announced today that it is recognized as one of America\'s Greatest Workplaces 2023 by Newsweek and Plant-A Insights Group. - [NovoPayment Unveils Orchestra, a Next-Gen Middleware Layer to Meet Rising Demand from Financial Institutions](https://thecreditunionconnection.com/novopayment-unveils-orchestra-a-next-gen-middleware-layer-to-meet-rising-demand-from-financial-institutions/): NovoPayment, a mission-critical financial and payments infrastructure provider, today released Orchestra 2.0 - [CUSO Financial Services Continues Growth Momentum in New Partnership with $2.3 Billion Capital Credit Union](https://thecreditunionconnection.com/cuso-financial-services-continues-growth-momentum-in-new-partnership-with-23-billion-capital-credit-union/): CUSO Financial Services (CFS), a subsidiary of Atria Wealth Solutions, Inc. (Atria), is thrilled to announce a multi-year partnership with Capital Credit Union - [Utah First Credit Union Announces 4.99% Auto Loan Rate for Limited Time](https://thecreditunionconnection.com/utah-first-credit-union-announces-499-auto-loan-rate-for-limited-time/): Utah First Credit Union is offering a 4.99% auto loan rate for a limited time, making it the current lowest interest rate for auto loans in the state. - [Synergent Recognized with Five 2023 MAC Award Wins](https://thecreditunionconnection.com/synergent-recognized-with-five-2023-mac-award-wins/): Synergent® is pleased to announce it has received five Marketing Association of Credit Unions Awards for creative marketing campaigns developed for the following credit unions: Bayer Heritage FCU, Franklin-Somerset FCU, Gardiner FCU, Meridia Community CU, and Oxford FCU. - [U.S. Eagle Federal Credit Union Receives Forbes Recognition Fifth Year in A Row](https://thecreditunionconnection.com/us-eagle-fcu-receives-forbes-recognition/): For the fifth consecutive year, U.S. Eagle Federal Credit Union was recognized as one of New Mexico\'s Best-In-State Credit Unions by Forbes Magazine. - [2022 MDI Congressional Report](https://thecreditunionconnection.com/2022-mdi-congressional-report/): Under the Federal Credit Union Act, the purpose of the credit union system is to meet the credit and savings needs of credit union members, especially those of modest means. - [Credit unions: People helping employees](https://thecreditunionconnection.com/credit-unions-people-helping-employees/): Co-Owners of Cultivate Results Chary Krout and Molly Lehrsch share these critical steps to retaining employees, boosting morale and … - [New VantageScore® Research Shows Credit Score Impact of the End of Federal Student Loan Forbearance](https://thecreditunionconnection.com/new-vantagescore-research-shows-credit-score-impact-of-the-end-of-federal-student-loan-forbearance/): Supreme Court Decision Striking Down Student Loan Forgiveness Program Will Also Result in Credit Score Declines for Borrowers Who Don\'t Resume Payments - [David Ellings, a Western CUNA Management School Inspiration, Passes](https://thecreditunionconnection.com/david-ellings-a-western-cuna-management-school-inspiration-passes/): David Ellings — a longtime credit union leader, director of campus activities for Western CUNA Management School (WCMS), and Lambda Class graduate of 1989 — has passed. - [On Tap Credit Union® Wins Seven ‘Best of the Best’ Awards in Golden and Arvada From Colorado Community Media](https://thecreditunionconnection.com/on-tap-credit-union-wins-seven-best-of-the-best-awards-in-golden-and-arvada-from-colorado-community-media/): The awards reflect the credit union\'s unwavering commitment to delivering exceptional financial services while prioritizing member satisfaction. - [Redwood Credit Union Earns 2023 Bronze Anvil Award](https://thecreditunionconnection.com/redwood-cu-earns-2023-bronze-anvil-award/): Redwood Credit Union recently earned a 2023 Bronze Anvil Award from the Public Relations Society of America. - [South Bay Credit Union Partners with Greenlight to Empower Parents to Raise Financially-Smart Kids and Teens](https://thecreditunionconnection.com/south-bay-credit-union-partners-with-greenlight-to-empower-parents-to-raise-financially-smart-kids-and-teens/): South Bay Credit Union today announced a partnership with Greenlight® Financial Technology, Inc. to provide its members with free access to the award-winning Greenlight family finance app, available through the Greenlight for Credit Unions program. - [Delta Community Announces Call for Entries in 11th Annual Philanthropic Fund Program](https://thecreditunionconnection.com/delta-community-announces-call-for-entries-in-11th-annual-philanthropic-fund-program/): Application Period Opens July 1, 2023 for 2024 Philanthropic Fund Grants - [Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts](https://thecreditunionconnection.com/agencies-finalize-policy-on-commercial-real-estate-loan/): Federal financial institution regulatory agencies today jointly issued a final policy statement on commercial real estate loan accommodations and workouts - [Coviance and MarketWise Advisors, LLC Release Independent ROI Study](https://thecreditunionconnection.com/coviance-and-marketwise-advisors-llc-release-independent-roi-study/): Study finds that Coviance delivers a strong ROI to its client base composed of community lenders - [Oregon State Credit Union awarded OSU Distinguished Business Partner Award](https://thecreditunionconnection.com/oregon-state-cu-awarded-osu-business-partner-award/): Oregon State University College of Business has selected Oregon State Credit Union as the recipient of their 2022-2023 Distinguished Business Partner Award. - [Enterprise Holdings Foundation Donates $4,500 to Indiana Members Foundation](https://thecreditunionconnection.com/enterprise-holdings-foundation-donates-4500-to-indiana-members-foundation/): The Enterprise Holdings Foundation has donated $4,500 to Indiana Members Foundation for its mission of being a positive influence in the communities served by IMCU, specifically, providing school children with the necessities essential for learning and succeeding in their education. - [CUNA Releases June Auto Lending Report Featuring Recategorized Data](https://thecreditunionconnection.com/cuna-releases-june-auto-lending-report-featuring-recategorized-data/): The June edition of CUNA’s Credit Union Auto Lending Monthly Report contains updated data from Equifax, which revised the historical data going back to 2005. - [Service CU Impact Foundation Announces Robert Irvine Culinary Impact Scholarship](https://thecreditunionconnection.com/service-cu-impact-foundation-announces-robert-irvine-culinary-impact-scholarship/): The Service CU Impact Foundation is excited to announce a new scholarship dedicated to students studying the culinary arts. - [FFIEC Announces Availability of 2022 Data on Mortgage Lending](https://thecreditunionconnection.com/ffiec-announces-availability-of-2022-data-on-mortgage-lending/): The Federal Financial Institutions Examination Council announced the availability of data on 2022 mortgage lending transactions reported under the Home Mortgage Disclosure Act by 4,460 U.S. financial institutions, including banks, savings associations, credit unions, and mortgage companies. - [Navy Federal Ranked No. 1 Among Multichannel Banks for Customer Experience for the 8th Year in a Row](https://thecreditunionconnection.com/navy-federal-ranked-no-1-among-multichannel-banks-for-customer-experience-for-the-8th-year-in-a-row/): Navy Federal Credit Union, has been ranked No. 1 among multichannel banks for customer experience for the 8th year in a row, according to Forrester’s proprietary 2023 US Customer Experience Index (CX Index™). - [Members ATM Alliance Selects NCR ATM as a Service to Power Self-Directed Banking for Credit Unions](https://thecreditunionconnection.com/members-atm-alliance-selects-ncr-atm-as-a-serviceto-power-self-directed-banking-for-credit-unions/): Members ATM Alliance is excited to announce a new partnership with NCR Corporation! - [VantageScore CreditGauge™ May 2023: Delinquency Rates Rise Year-Over-Year Across All Credit Products, Days Past Due Categories](https://thecreditunionconnection.com/vantagescore-creditgauge-may-2023/): The May 2023 VantageScore CreditGauge shows that delinquency rates continue to rise year-over-year. - [Associated Credit Union Partners with PSCU for Credit Card Processing Support](https://thecreditunionconnection.com/associated-credit-union-partners-with-pscu/): PSCU announced that Associated Credit Union has chosen the CUSO for comprehensive credit card processing services and support. - [Coastal Credit Union Named to Forbes Best Credit Unions in NC for Fourth Consecutive Year](https://thecreditunionconnection.com/coastal-credit-union-named-to-forbes-best-credit-unions-in-nc-for-fourth-consecutive-year/): Coastal Credit Union has been named to the Forbes list of Best Credit Unions in Each State 2023. - [Financial Plus Credit Union Wins State-Level CUNA Award for Social Responsibility](https://thecreditunionconnection.com/financial-plus-credit-union-wins-state-level-cuna-award-for-social-responsibility/): Financial Plus Credit Union has been awarded first place for the 2022 CUNA Dora Maxwell Social Responsibility Community Service Award at the state-level. - [Coastal Credit Union Opens First Standalone Drive-Up Interactive Teller Machine in Morrisville](https://thecreditunionconnection.com/coastal-credit-union-opens-first-standalone-drive-up-interactive-teller-machine-in-morrisville/): Coastal Credit Union has installed a new dual-function, drive-up interactive teller machine (ITM) located in the parking lot of Walmart at 1001 Shiloh Glenn Drive in Morrisville. - [equipifi Adds Leading Cybersecurity Expert to Advisory Board](https://thecreditunionconnection.com/equipifi-adds-leading-cybersecurity-expert-to-advisory-board/): equipifi is providing enterprise level security often not seen in much larger and more established organizations. - [PeoplesChoice Credit Union Signs New Ten-Year Agreement with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/peopleschoice-cu-jack-henrys-symitar-core-processing-solution/): Credit union also extends terms for other key product solutions - [Zest AI Integrating AI-Automated Credit Underwriting into Sync1 Systems\' Lending Services](https://thecreditunionconnection.com/zest-ai-sync1-systems/): Lenders using Sync1 Systems\' LOS can now take advantage of Zest AI\'s accurate, efficient underwriting technology - [Bay Federal Credit Union Selects Empower, Black Knight\'s Cloud-Based LOS, and its Origination Technologies Suite to Support Both Traditional and Specialized Loan Products](https://thecreditunionconnection.com/bay-federal-credit-union-selects-empower-black-knights-cloud-based-los-and-its-origination-technologies-suite-to-support-both-traditional-and-specialized-loan-products/): Black Knight, Inc. announced today that Bay Federal Credit Union, the largest member-owned financial institution in Santa Cruz County, Calif - [NCUA Releases Annual Cybersecurity & Credit Union System Resilience Report](https://thecreditunionconnection.com/ncua-releases-annual-cybersecurity-amp-credit-union-system-resilience-report/): The National Credit Union Administration released today its Report to the Committee on Financial Services of the House of Representatives and to the Committee on - [Glia Earns Great Place To Work Certification™ for Third Year in a Row](https://thecreditunionconnection.com/glia-earns-great-place-to-work-certification-for-third-year-in-a-row/): Glia has been Certified™ by Great Place To Work® for the third year in a row. The award is based entirely on employee feedback about their experience working at Glia. - [TopLine Named Finalist for Two Twin Cities Business 2023 “Best of Business” Reader’s Choice Awards](https://thecreditunionconnection.com/topline-named-finalist-for-two-twin-cities-business-awards/): TopLine Financial Credit Union has been named Twin Cities Business 2023 Best of Business Reader’s Choice Poll finalist in two categories: Credit Union and Mortgage Lender. - [Redwood Credit Union Offers Free Shred-a-Thon in Novato, July 15](https://thecreditunionconnection.com/redwood-credit-union-offers-free-shred-a-thon/): Visitors can securely dispose of sensitive documents and electronics - [North Island Credit Union Launches School Backpack Drive In Partnership with Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-cu-launches-school-backpack-drive/): Credit Union Branches Accepting Donations of New Backpacks for Elementary and Middle School Students - [CUNA AND NAFCU ANNOUNCE INTENT TO MERGE TO FORM “AMERICA’S CREDIT UNIONS” ](https://thecreditunionconnection.com/cuna-and-nafcu-announce-intent-to-merge-to-form-americas-credit-unionsnbsp/): A merger between CUNA and NAFCU has been discussed almost since NAFCU was formed. Now seems to have been the time… - [Garden Savings FCU Demonstrates Strong Commitment to Children\'s Miracle Network Hospital with $14,000 Donation](https://thecreditunionconnection.com/garden-savings-fcu-demonstrates-strong-commitment-to-childrens-miracle-network-hospital-with-14000-donation/): Garden Savings Federal Credit Union proudly presented a generous donation of $14,000 to the Children\'s Miracle Network Hospitals, through the Children\'s Specialized Hospital Foundation. - [Global Credit Card Issuance Services Market Poised for Significant Growth, Fueled by Demand for Cash Alternatives and Low-Cost Credit Cards](https://thecreditunionconnection.com/global-credit-card-issuance-services-market-poised-for-significant-growth-fueled-by-demand-for-cash-alternatives-and-low-cost-credit-cards/): The \"Credit Card Issuance Services Market: Global Opportunity Analysis and Industry Forecast, 2021-2031\" report has been added to ResearchAndMarkets.com\'s offering. - [Boys & Girls Club of the Diamond Hills Unveils Mural Funded by United Federal Credit Union](https://thecreditunionconnection.com/boys-amp-girls-club-of-the-diamond-hills-unveils-mural-funded-by-united-federal-credit-union/): A ribbon cutting was held on Thursday, July 27, 2023 for a new mural at the Boys & Girls Club of the Diamond Hills – Alma Unit. - [\'Deloitte 2023 Financial Services Industry Predictions\': Generative AI, Carbon Offset Financing, Driverless Vehicles, Office Space Conversion Among Top Trends Transforming Financial Services](https://thecreditunionconnection.com/deloitte-2023-financial-services-industry-predictions-generative-ai-carbon-offset-financing-driverless-vehicles-office-space-conversion-among-top-trends-transforming-financial-services/): The report highlights emerging trends that will significantly impact the financial services industry over the next decade - [SchoolsFirst Federal Credit Union Partners with Sacramento Republic FC on 10th Season Anniversary Celebration Match at Hughes Stadium](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-partners-with-sacramento-republic-fc-on-10th-season-anniversary-celebration-match-at-hughes-stadium/): To mark this important milestone in the community, the first 10,000 fans will receive a free commemorative t-shirt - [Remembering the Legacy of Bill Broxterman](https://thecreditunionconnection.com/remembering-the-legacy-of-bill-broxterman/): It is with great sadness that we share the news of the passing of a beloved member of our credit union community, Bill Broxterman, on July 30, 2023. - [San Diego County Credit Union Voted BEST Credit Union in the San Diego’s BEST Union-Tribune Readers Poll for 24th Consecutive Year](https://thecreditunionconnection.com/sdccu-voted-best-credit-union-in-the-san-diego/): SDCCU also voted BEST Auto Loan Provider, Financial Planner, Mortgage Provider and Place to Work - [First Alliance Credit Union Selects Brent Rempe as President/CEO](https://thecreditunionconnection.com/first-alliance-cu-selects-brent-rempe-as-ceo/): The Board of Directors of First Alliance Credit Union is pleased to announce the selection of Brent Rempe as the credit union’s next President/Chief Executive Officer. - [Agencies Update Guidance on Liquidity Risks and Contingency Planning](https://thecreditunionconnection.com/agencies-update-guidance-on-liquidity-risks-and-contingency-planning/): Federal financial institution regulatory agencies today updated their existing guidance on liquidity risks and contingency planning. - [Piedmont Advantage Credit Union opens ATM at Piedmont Triad International Airport](https://thecreditunionconnection.com/piedmont-advantage-credit-union-opens-atm-at-piedmont-triad-international-airport/): Piedmont Advantage Credit Union (PACU) sees an opportunity to continue to serve a workforce rooted in aviation and consumers on-the-go as it did nearly 75 years - [Importance of Contingency Funding Plans](https://thecreditunionconnection.com/importance-of-contingency-funding-plans/): On July 28, 2023, the NCUA joined with three federal financial institution regulatory agencies to issue the enclosed Addendum to the Interagency Policy Statement on Funding and… - [Yonkers Postal Employees Credit Union Conserved](https://thecreditunionconnection.com/yonkers-postal-employees-credit-union-conserved/): The New York State Department of Financial Services today placed Yonkers Postal Employees Credit Union in Yonkers - [InRoads Credit Union Leverages Eltropy Video Banking to Outsmart Fraudsters: Achieves 0% Fraud Rate](https://thecreditunionconnection.com/inroads-credit-union-leverages-eltropy-video-banking-to-outsmart-fraudsters-achieves-0-fraud-rate/): InRoads Credit Union, a leader in innovative member experiences and an Eltropy customer, recently shared that by leveraging Eltropy\'s cutting-edge - [TEG Federal Credit Union Partners With Arkatechture](https://thecreditunionconnection.com/teg-federal-credit-union-partners-with-arkatechture/): With Arkatechture’s help, TEG Federal Credit Union is democratizing data so it can be available to every day decision-makers across departments, and drive efficiencies. - [VantageScore CreditGauge™ June 2023: U.S. Consumers Used Credit More Cautiously as Delinquency Rates Rose and Stayed Elevated from a Year Ago](https://thecreditunionconnection.com/vantagescore-creditgauge-june-2023-us-consumers-used-credit-more-cautiously-as-delinquency-rates-rose-and-stayed-elevated-from-a-year-ago/): Today, VantageScore released CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer credit. - [SchoolsFirst Federal Credit Union Receives Three National Awards for Financial Education Initiatives from Credit Union Financial Education Network](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-receives-three-national-awards-for-financial-education-initiatives-from-credit-union-financial-education-network/): Brittney Owens Financial Education Specialist with SchoolsFirst Federal Credit Union accepting awards for financial education initiatives from Credit Union Financial Education Network. - [Robins Financial Credit Union to Support Macon Regional Crimestoppers and Middle Georgia Justice](https://thecreditunionconnection.com/robins-financial-credit-union-to-support-macon-regional-crimestoppers-and-middle-georgia-justice/): Amy Etheridge with Robins Financial Credit Union presents a check to Macon Regional Crimestoppers - [Hawaii Central Federal Credit Union Volunteers Raise Funds to Support HUGS](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-volunteers-raise-funds-to-support-hugs/): In an effort to raise money for the non-profit HUGS, a group of 10 volunteers with Hawaii Central Federal Credit Union (FCU) took to the kitchen to cook up some local favorites for co-workers in exchange for a $15 donation. - [PortX Announces Partnership with Prelim to Streamline Connectivity and Enhance Digital Banking Experience for Financial Institutions](https://thecreditunionconnection.com/portx-announces-partnership-with-prelim-to-streamline-connectivity-and-enhance-digital-banking-experience-for-financial-institutions/): PortX announced a new partnership with Prelim. - [Posh Announces the Latest in their AI Line-Up: Knowledge Assistant for Frontline Staff](https://thecreditunionconnection.com/posh-launch-new-ai-knowledge-assistant/): Posh announced the launch of its new AI-powered Knowledge Assistant as a result of direct interest from their financial institution partners and the banking community - [Fiserv Adds the Amazon Shop with Points Program to its Popular uChoose Rewards Offering](https://thecreditunionconnection.com/fiserv-adds-the-amazon-shop-with-points-program-to-its-popular-uchoose-rewards-offering/): Fiserv, Inc. announced today that eligible debit and credit cardholders can now redeem their uChoose Rewards® points for purchases on Amazon.com - [New Changes In The Dynamic Credit Union Industry](https://thecreditunionconnection.com/new-changes-in-the-dynamic-credit-union-industry/): The PenFed Foundation announced the new President, Eglin Federal Credit Union announced the recipient of 5-Star Performer award for the second quarter and People’s Credit Union announces a realignment of the Marketing Department with the creation of two new roles… - [equipifi Introduces BNPL Digital Forum for Financial Institutions](https://thecreditunionconnection.com/equipifi-introduces-bnpl-digital-forum-for-financial-institutions/): equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Insights and Innovation - [9 More Credit Unions Choose Aperture](https://thecreditunionconnection.com/9-more-credit-unions-choose-aperture/): AKUVO, a technology organization specializing in collections and credit risk, recently signed 9 more credit unions to its Aperture platform. - [GTE FINANCIAL’S JUDGING PANEL AWARDS 26 LUCKY RECIPIENTS FOR 12TH ANNUAL STUDENT SCHOLARSHIP PROGRAM](https://thecreditunionconnection.com/gte-financials-judging-panel-awards-26-lucky-recipients-for-12th-annual-student-scholarship-program/): As a leading not-for-profit credit union, GTE Financial continues to support education and young adults in the Tampa Bay area through its annual… - [Records Smashed at 2023 World Credit Union Conference](https://thecreditunionconnection.com/records-smashed-at-2023-world-credit-union-conference/): The 2023 World Credit Union Conference concluded Wednesday with a Canadian-themed closing party that put the finishing touches on a record-setting.. - [61st Western CUNA Management School Commencement:2023 Graduates Honor and Celebrate Credit Union Movement](https://thecreditunionconnection.com/61st-western-cuna-management-school-commencement2023-graduates-honor-and-celebrate-credit-union-movement/): The 2023 Western CUNA Management School (WCMS) graduating “Upsilon” Class. - [TruWest Credit Union Partners with ampliFI Loyalty Solutions](https://thecreditunionconnection.com/truwest-credit-union-partners-with-amplifi-loyalty-solutions/): ampliFI Loyalty Solutions, a market-leading provider of customized loyalty and engagement program solutions for financial institutions, is excited to announce… - [UMassFive Aids Local Farmers with Flood Relief Donations](https://thecreditunionconnection.com/umassfive-aids-local-farmers-with-flood-relief-donations/): UMassFive College Federal Credit Union (UMassFive) is proud to announce its recent donation of $2,500 to aid local farms impacted by the recent severe flooding… - [SDCCU Wins Hermes Creative Award for Short and Sweet Certificate Commercial](https://thecreditunionconnection.com/sdccu-wins-hermes-creative-award-for-short-and-sweet-certificate-commercial/): San Diego County Credit Union® (SDCCU®), one of San Diego’s largest locally-owned financial institutions, was awarded a Gold Hermes Creative Award for… - [Unitus Community Credit Union Launches International Community Award, Honors First Recipient](https://thecreditunionconnection.com/unitus-community-credit-union-launches-international-community-award-honors-first-recipient/): Every quarter, Unitus awards one outstanding employee with the Community Heart Award, which honors employees for their community commitment and… - [WOCCU Examines Lifting Up the Underserved Through Digital Financial Inclusion](https://thecreditunionconnection.com/woccu-examines-lifting-up-the-underserved-through-digital-financial-inclusion/): World Council of Credit Unions (WOCCU) International Advocacyexamined the unique role the credit union cooperative model can play in ensuring underserved - [Affinity Plus Federal Credit Union Helps Create “Joy Room” for Burn Survivors](https://thecreditunionconnection.com/affinity-plus-federal-credit-union-helps-create-joy-room-for-burn-survivors/): Children and families recovering from burn trauma now have a welcoming and non-clinical space to play while they heal - [CFPB Exams Find Unfair, Deceptive, and Abusive Practices Across a Wide Array of Consumer Financial Product Lines](https://thecreditunionconnection.com/cfpb-exams-find-unfair-deceptive-and-abusive-practices-across-a-wide-array-of-consumer-financial-product-lines/): Today, the Consumer Financial Protection Bureau (CFPB) released a new Supervisory Highlights report which found unfair, deceptive, and abusive acts or - [Member One Celebrates Grand Opening of Learning and Development Center](https://thecreditunionconnection.com/member-one-celebrates-grand-opening-of-learning-and-development-center/): Member One Federal Credit Union celebrated the grand opening of its new Learning and Development Center located on its Roanoke corporate campus with a ribbon cutting event on July 25th. - [Gerber Federal Credit Union Partners with Mahalo Banking to Optimize Digital Banking Capabilities](https://thecreditunionconnection.com/gerber-federal-credit-union-partners-with-mahalo-banking-to-optimize-digital-banking-capabilities/): Gerber Federal Credit Union (‘Gerber FCU’ – $225M in assets) has partnered with Mahalo Banking, a CUSO that provides premier online and mobile banking - [Golden 1 Credit Union Announces Multi-Million Dollar Investment to Strengthen Equity and Economic Inclusion in Under-Resourced Community](https://thecreditunionconnection.com/golden-1-credit-union-announces-multi-million-dollar-investment-to-strengthen-equity-and-economic-inclusion-in-under-resourced-community/): Five-year plan includes financial support, direct engagement, and a new Financial Resource Center - [Unitus Community Credit Union Launches Spanish-Language Chatbot with Glia](https://thecreditunionconnection.com/aeq97ugpmp78zm98d1nyewegy2vzhl/): Glia has partnered with $1.7 billion-asset Unitus Community Credit Union to successfully launch a Spanish-speaking chatbot. - [WOCCU Launches Climate Influencers Network at 2023 World Credit Union Conference](https://thecreditunionconnection.com/woccu-launches-climate-influencers-network-at-2023-world-credit-union-conference/): World Council of Credit Unions (WOCCU) on Tuesday launched its Climate Influencers Network at the 2023 World Credit Union Conference - [WCUC Attendees Urged to Make Worldwide Foundation for Credit Unions Part of ‘Distinct Credit Union Journey’](https://thecreditunionconnection.com/wcuc-attendees-urged-to-make-worldwide-foundation-for-credit-unions-part-of-distinct-credit-union-journey/): Worldwide Foundation for Credit Unions (WFCU) Executive Director Mike Reuter asked attendees of Tuesday’s 2023 World Credit Union Conference - [CUNA, League-supported Veteran Business Lending Bill Introduced in House](https://thecreditunionconnection.com/cuna-league-supported-veteran-business-lending-bill-introduced-in-house/): Reps. Vicente Gonzalez, D-Texas, and Brian Fitzpatrick, R-Pa. introduced the Veterans Member Business Loan Act Tuesday - [Credit Union of Southern California Donates to 23 Orange County and L.A. County Charities](https://thecreditunionconnection.com/credit-union-of-southern-california-donates-to-23-orange-county-and-la-county-charities/): Wake Up Whittier Event: (Pictured left to right) CU SoCal Chief Communications and Experience Officer Michelle Hunter, CU SoCal President and CEO Dave Gunderson, Whittier Area Chamber of Commerce President and CEO Carol Crosby, CU SoCal Corporate Advisory Board Member Gil Rodriguez, and CU SoCal VP of Business and Talent Development Melissa Manning - [SECU Foundation Grant Helps New Hanover County Non-Profit Open Doors to New Shelter](https://thecreditunionconnection.com/secu-foundation-grant-helps-new-hanover-county-non-profit-open-doors-to-new-shelter/): Holding check from left to right are Ashley Grim, DVSS board member; Jo Anne Sanford, SECU Foundation board member; Lauren Daley Bryant, DVSS executive director; Kaitlynn Harrison, DVSS representative; and Dustin Adams, SECU senior vice president with SECU and SECU Foundation representatives. - [LAFCU recognized for innovation, executive team member named Young Professional of the Year by Michigan Credit Union League](https://thecreditunionconnection.com/lafcu-recognized-for-innovation-executive-team-member-named-young-professional-of-the-year-by-michigan-credit-union-league/): LAFCU was recognized at the Michigan Credit Union League’s annual conferencewith the Innovation Award for its internal cybersecurity - [New MX Research Reveals Half of U.S. Consumers Making or Considering a Bank Switch](https://thecreditunionconnection.com/new-mx-research-reveals-half-of-us-consumers-making-or-considering-a-bank-switch/): MX Technologies, Inc., a leader in Open Finance, today released its latest consumer research, which unveiled that more than half of U.S. consumers - [A CUSO and an Association Collaborate to Deliver Competitive Health Plans to Business Members](https://thecreditunionconnection.com/a-cuso-and-an-association-collaborate-to-deliver-competitive-health-plans-to-business-members/): InterLutions recently launched a partnership with the Healthcare Credit Union Association (HCUA) to help credit unions deliver competitive health plans to - [Unitus Community Credit Union Awarded WOCCU Digital Growth Award](https://thecreditunionconnection.com/unitus-community-credit-union-awarded-woccu-digital-growth-award/): Partnership in mobile app development to reach underserved communities honored by the World Council of Credit Unions - [Alacriti Among the First to be FedNow Certified and Live](https://thecreditunionconnection.com/alacriti-among-the-first-to-be-fednow-certified-and-live/): Alacriti, a fintech company specializing in payments, announced today that it is among the first companies in the industry to complete FedNow® Service certification - [Northwest Credit Unions Raise More than $1.5 Million to Support Children’s Hospitals](https://thecreditunionconnection.com/northwest-credit-unions-raise-more-than-15-million-to-support-childrens-hospitals/): First Tech employees and members, business leaders, and credit union partners from across the region raised more than $1.5 million in support of Children’s Miracle Network Hospitals as part of the annual CU4Kids fundraising effort. (Photo: Business Wire) - [Credit Unions Better Serving All Members Through Mobile](https://thecreditunionconnection.com/cus-better-serving-all-members-through-mobile/): Mobile banking company and CUSO, Mahalo Banking is revolutionizing mobile banking accessibility… - [WOCCU Announces Digital Growth Award, Fellowship Winners at 2023 Annual General Meeting](https://thecreditunionconnection.com/woccu-announces-digital-growth-award-fellowship-winners-at-2023-annual-general-meeting/): World Council of Credit Unions (WOCCU) presented a pair of 2023 Digital Growth Awards and announced the winners of the new WOCCU Fellowship program - [Eltropy and Origence Partnership Elevates Loan Origination Experience for Consumers](https://thecreditunionconnection.com/eltropy-and-origence-partnership-elevates-loan-origination-experience-for-consumers/): Eltropy, the leading digital communications platform for community financial institutions (CFIs), and Origence, - [WOCCU Leaders Stress Credit Union Resilience](https://thecreditunionconnection.com/woccu-leaders-stress-credit-union-resilience/): World Council of Credit Unions’ (WOCCU) executives used the first full day of the 2023 World Credit Union Conference to stress the resiliency - [SECU Joins North Carolina Governor’s Office for School Supply Drive to Benefit Teachers and Students](https://thecreditunionconnection.com/secu-joins-north-carolina-governors-office-for-school-supply-drive-to-benefit-teachers-and-students/): State Employees’ Credit Union (SECU) announced today its support for the 2023 Governor’s School Supply Drive to help teachers and students - [NCR Unveils New Names for Businesses Ahead of Planned Separation](https://thecreditunionconnection.com/ncr-unveils-new-names-for-businesses-ahead-of-planned-separation/): NCR today unveiled the names for the two companies that will form after its planned separation, expected in the fourth quarter of 2023 - [RTP® Network Surpasses Half a Billion Instant Payments](https://thecreditunionconnection.com/rtp-network-surpasses-half-a-billion-instant-payments/): The Clearing House\'s RTP® network, which has been providing instant payments to millions of consumers and businesses for more than five years - [Mazuma Credit Union is Bringing “I Love My Credit Union Day” Festivities to KC](https://thecreditunionconnection.com/mazuma-credit-union-is-bringing-i-love-my-credit-union-day-festivities-to-kc/): In cooperation with Envisant, a subsidiary of the Illinois Credit Union League (ICUL), Kansas City’s Mazuma Credit Union will host I Love My Credit Union Day - [OCCU’s four-day workweek pilot shows benefits for members and team](https://thecreditunionconnection.com/occus-four-day-workweek-pilot-shows-benefits-for-members-and-team/): Four months into a pilot program to test a four-day, 32-hour workweek in its Member Contact Center, OCCU is already seeing results - [2023 World Credit Union Conference Opens in Vancouver with Record Attendance](https://thecreditunionconnection.com/2023-world-credit-union-conference-opens-in-vancouver-with-record-attendance/): A record 3,000 attendees from 60 countries packed into the West English Bay Room of the Vancouver Convention Centre Sunday afternoon - [Catalyst Corporate Announces Pima Credit Union is Live on the Federal Reserve’s FedNow® Service through Catalyst](https://thecreditunionconnection.com/catalyst-corporate-announces-first-member-credit-union-is-live-on-the-federal-reserves-fednow-service-through-catalyst/): Pima Federal Credit Union Uses Catalyst’s Front-End Solution for Instant Payments through the FedNow Service Day One - [Open Lending CRO Matt Roe to Speak on Auto Lending Opportunities at CU Leadership Convention](https://thecreditunionconnection.com/open-lending-cro-matt-roe-to-speak-on-auto-lending-opportunities-at-cu-leadership-convention/): Lending enablement expert to give talk on $270 billion opportunity for credit unions. - [Sikorsky Credit Union Supports The Dolly Parton Imagination Library In Stratford](https://thecreditunionconnection.com/sikorsky-credit-union-supports-the-dolly-parton-imagination-library-in-stratford/): For a fourth year, Sikorsky Credit Union donated $5,000 to the Dolly Parton Imagination Library in Stratford, CT. - [Teachers Federal Credit Union Donates $200,000 To Cohen Children’s Medical Center](https://thecreditunionconnection.com/teachers-fcu-donates-200000-to-cohen-childrens-medical-center/): Funds Will Support Life-Saving Medical Equipment, Clinical Care, and Research - [A Winning Streak: MyPoint Credit Union Takes Home Two Coveted Awards](https://thecreditunionconnection.com/a-winning-streak-mypoint-credit-union-takes-home-two-coveted-awards/): MyPoint Credit Union\'s Exceptional Performance Recognized with Prestigious Dual Awards  - [EECU celebrates new Frisco Financial Center inside H-E-B Flagship Store](https://thecreditunionconnection.com/eecu-celebrates-new-frisco-financial-center-inside-h-e-b-flagship-store/): DFW-based credit union EECU officially celebrated the opening of its 17th Financial Center in Frisco Wednesday with a ribbon cutting ceremony and grand opening festivities. - [Guild Mortgage Named a Top Ten Lender by Maine State Housing Authority](https://thecreditunionconnection.com/guild-mortgage-named-a-top-ten-lender-by-maine-state-housing-authority/): MaineHousing Recognizes Guild for Efforts to Assist First-Time Homebuyers - [Wheelhouse Credit Union Announces 2023 Badge of Honor Scholarship Recipients](https://thecreditunionconnection.com/wheelhouse-credit-union-announces-2023-badge-of-honor-scholarship-recipients/): Scholarships Support Children of San Diego County First Responders - [Help Students Experiencing Homeless by Donating Money to Purchase Back-to-School Supplies for the Upcoming School Year](https://thecreditunionconnection.com/help-students-experiencing-homeless-by-donating-money-to-purchase-back-to-school-supplies-for-the-upcoming-school-year/): So far, the community has donated $55,521 to SDCCU Stuff the Bus to help provide back-to-school supplies for students experiencing homelessness in San Diego County. - [Consumer Loyalty to Finance Companies Fell Sharply During Pandemic, according to S&P Global Mobility](https://thecreditunionconnection.com/consumer-loyalty-to-finance-companies-fell-sharply-during-pandemic-according-to-sampp-global-mobility/): Captives, banks, and many credit unions saw declines in return-to-market loyalty, and many have yet to recover. - [CFPB Report Shows Workers Face Risks from Employer-Driven Debt](https://thecreditunionconnection.com/cfpb-report-shows-workers-face-risks-from-employer-driven-debt/): Report follows launch of public inquiry into the challenges and prevalence of employer-driven debt - [Bankjoy Integrates with Plaid to Enable Seamless Account Management for Businesses](https://thecreditunionconnection.com/bankjoy-integrates-with-plaid-to-enable-seamless-account-management-for-businesses/): Bankjoy announced its partnership with Plaid. - [Financial Plus Credit Union Makes it Easier Than Ever to Open Accounts Online](https://thecreditunionconnection.com/financial-plus-cu-launches-mantl/): Financial Plus Credit Union launches MANTL - [Fiserv Supports FedNow® Service with Multiple Financial Institution Clients Live at Launch](https://thecreditunionconnection.com/fiserv-supports-fednow-service-with-multiple-financial-institution-clients-live-at-launch/): Fiserv, Inc. is keeping its clients at the forefront of real-time payments as one of the first service providers supporting transaction activity for - [Credit Union Industry Veteran Steve Langley Joins Sievewright & Associates, an SRM Company, as Managing Director, Strategic Advisory Services](https://thecreditunionconnection.com/credit-union-industry-veteran-steve-langley-joins-sievewright-amp-associates-an-srm-company-as-managing-director-strategic-advisory-services/): Sievewright and Associates, an SRM Company, announced the hiring of Steve Langley as Managing Director, Strategic Advisory Services. - [Juniper Payments Supports New FedNow® Service, Advancing U.S. Payment System](https://thecreditunionconnection.com/juniper-payments-supports-new-fednow-service-advancing-us-payment-system/): Juniper Payments, a PSCU company and the largest cloud-based non-bank third-party provider of inter-bank transaction - [Jack Henry Announces Support for the FedNow® Service](https://thecreditunionconnection.com/jack-henry-announces-support-for-the-fednow-service/): Jack Henry™ announced today it is now supporting live transactions on the Federal Reserve\'s new instant payment rail - [The Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live](https://thecreditunionconnection.com/the-federal-reserve-announces-that-its-new-system-for-instant-payments-the-fednow-service-is-now-live/): The Federal Reserve on Thursday announced that its new system for instant payments, the FedNow® Service, is now live. - [CFPB Sues Snap Finance for Illegally Luring Americans into Expensive Financing and Bullying Borrowers Using False Threats](https://thecreditunionconnection.com/cfpb-sues-snap-finance-for-illegally-luring-americans-into-expensive-financing-and-bullying-borrowers-using-false-threats/): The Consumer Financial Protection Bureau (CFPB) today sued lease-to-own finance company Snap Finance for deceiving consumers - [SchoolsFirst Federal Credit Union Announces Participation in CHOC Walk in the Park 2023](https://thecreditunionconnection.com/0h0ac9f8pb6qnco54vu2e45libifvs/): Credit Union team members to support Children\'s Health of Orange County through fundraising event at Disneyland® park and Disney California Adventure® park - [SDCCU Partnered with the San Diego Blood Bank to Help Save Lives](https://thecreditunionconnection.com/sdccu-partnered-with-the-san-diego-blood-bank-to-help-save-lives/): San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, partnered with - [Core10 Joins the Jack Henry™ Vendor Integration Program (VIP)](https://thecreditunionconnection.com/core10-joins-the-jack-henryvendor-integration-program-vip/): Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending, account opening, and BaaS products - [75th International Credit Union Day to be observed Oct. 19](https://thecreditunionconnection.com/75th-international-credit-union-day-to-be-observed-oct-19/): Credit Union National Association (CUNA) is happy to encourage the global credit union movement to participate in a landmark 75th anniversary - [Evergreen Impact Housing Fund, Inland Group, and Partners Break Ground on Large-scale Affordable Housing Development in Pierce County](https://thecreditunionconnection.com/evergreen-impact-housing-fund-inland-group-and-partners-break-ground-on-large-scale-affordable-housing-development-in-pierce-county/): Evergreen Impact Housing Fund and Inland Group announce the start of construction on Copper Way, an affordable housing development in Spanaway, Washington. - [ampliFI Loyalty Solutions Welcomes Breakaway Loyalty\'s Customers, Strengthening Its Position in the Customer Loyalty Solutions Market](https://thecreditunionconnection.com/amplifi-loyalty-solutions-welcomes-breakaway-loyaltys-customers-strengthening-its-position-in-the-customer-loyalty-solutions-market/): ampliFI Loyalty Solutions, a market-leading provider of customized loyalty and engagement program solutions for financial institutions, today announced - [Plain View Community Coalition Receives SECU Foundation Grant for Strategic Planning](https://thecreditunionconnection.com/plain-view-community-coalition-receives-secu-foundation-grant-for-strategic-planning/): Plain View Community Coalition recently received a $40,000 grant from SECU Foundation to help further its mission to promote outreach and improve access to health, wellness, and recreation activities for low-resourced youth, adults, and the elderly. - [Eglin Federal Credit Union and Okaloosa Saves partner in the Teach a Child to Save Campaign ](https://thecreditunionconnection.com/eglin-federal-credit-union-and-okaloosa-saves-partner-in-the-teach-a-child-to-save-campaignnbsp/): Eglin Federal Credit Union partnered with Okaloosa Saves for the annual Teach a Child to Save campaign April 1 – June 30… - [Robins Financial Credit Union Partners with The Bigger Vision of Athens to Provide More Beds for the Homeless](https://thecreditunionconnection.com/gsnxw5u1czcjxo4lnji13e5xgepw02/): Robins Financial Credit Union is proud to announce its partnership with The Bigger Vision of Athens as a bed sponsor, making a donation of $3,000 - [4 Words for Credit Union Member Service: Holistic, End-to-End Interaction Strategy](https://thecreditunionconnection.com/4-words-for-credit-union-member-service-holistic-end-to-end-interaction-strategy/): Credit unions don’t have a chatbot strategy and a phone center strategy and a video strategy and branch strategy. It’s really… - [Suncoast Credit Union Celebrates Entry To Central Florida MarketWith First Location In Kissimmee](https://thecreditunionconnection.com/suncoastnbspcredit-union-celebrates-entry-to-central-florida-marketwith-first-location-in-kissimmee/): Suncoast Credit Union, Florida’s largest credit union, celebrated the grand opening of its first branch in Central Florida on Thursday July 13th - [LLCU & City Of Decatur Announce Cooperative Project Initiative Aimed To Provide Housing For Displaced Families In Decatur](https://thecreditunionconnection.com/llcu-amp-city-of-decatur-announce-cooperative-project-initiative-aimed-to-provide-housing-for-displaced-families-in-decatur/): During a press conference hosted jointly today by Land of Lincoln Credit Union and the City of Decatur, it was announced that LLCU has donated a house and property to the City of Decatur. - [SMA Technologies Announces Robotic Process Automation (RPA) to Streamline Financial Services Workflows](https://thecreditunionconnection.com/sma-technologies-announces-robotic-process-automation-rpa-to-streamline-financial-services-workflows/): OpCon RPA addresses manual gaps, enables end-to-end automation, and increases the efficiency of individual employees across the organization. - [PRMG Increases Application Conversions and Reduces Costs with Blend’s Soft Credit Functionality](https://thecreditunionconnection.com/prmg-increases-application-conversions-and-reduces-costs-with-blends-soft-credit-functionality/): Paramount Residential Mortgage Group has seen a substantial increase in application conversions and significant cost savings after implementing Blend, which is the first digital banking platform to support soft credit pulls in the mortgage pre-qualification process. - [SchoolsFirst Federal Credit Union Announces Winners of 2023 Member Education Award Scholarships](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-announces-winners-of-2023-member-education-award-scholarships/): Credit Union awarded $199,000 in scholarships to 245 students throughout California and other states. - [ Winona Nava Awarded the ‘James D. Likens WCMS Alumni Recognition Award’](https://thecreditunionconnection.com/nbspwinona-nava-awarded-the-james-d-likens-wcms-alumni-recognition-award/): Guadalupe Credit Union President and CEO Winona Nava, honoree of the 2023 James D. Likens Western CUNA Management (WCMS) Alumni Recognition Award. - [Socure Partners with MeridianLink to Enhance the Account Opening Process for Credit Unions, Banks, and Fintechs Providing Industry-leading Accuracy in Identity Verification and Fraud Capture](https://thecreditunionconnection.com/socure-partners-with-meridianlink-to-enhance-the-account-opening-process-for-credit-unions-banks-and-fintechs-providing-industry-leading-accuracy-in-identity-verification-and-fraud-capture/): Socure announced it has partnered with MeridianLink, Inc. - [Ukrainian Parliament Passes New Law for Credit Unions](https://thecreditunionconnection.com/ukrainian-parliament-passes-new-law-for-credit-unions/): The Verkhovna Rada of Ukraine on July 14 passed a law updating the country’s legal framework governing the operations of credit unions, - [PSCU Payments Index - July 2023 Edition](https://thecreditunionconnection.com/pscu-payments-index-july-2023-edition/): PSCU has published the July edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions - [Affinity Federal Credit Union Recognized as a Top Credit Union by Forbes](https://thecreditunionconnection.com/affinity-federal-credit-union-recognized-as-a-top-credit-union-by-forbes/): Affinity Federal Credit Union has been recognized on the Forbes list of “America’s Best Credit Unions In Each State,” - [Hawaii State FCU Sponsors Personal Finance And Economics Training Program For Public School Teachers](https://thecreditunionconnection.com/hawaii-state-fcu-sponsors-personal-finance-and-economics-training-program-for-public-school-teachers/): Hawaii State Federal Credit Union announced its second annual sponsorship of $40,000 in support of Chaminade University’s Personal Finance and Economics Training Program for teachers. - [VyStar Credit Union Opens New Branch in Winter Park, FL](https://thecreditunionconnection.com/vystar-credit-union-opens-new-branch-in-winter-park-fl/): VyStar Credit Union is proud to announce its Winter Park branch is now open at 605 North Orlando Avenue in Winter Park, Florida. The Winter Park branch is… - [Service One CU Deploys New ATM Strategy with Dolphin Debit](https://thecreditunionconnection.com/service-one-cu-deploys-new-atm-strategy-with-dolphin-debit/): Service One Credit Union in Kentucky is now working with Dolphin Debit, turning over management of its ATM fleet to Dolphin in a move to improve… - [Topline Financial Credit Union Donates Over $4,000 in Electronics to Help Young Adults Prepare for the New School Year](https://thecreditunionconnection.com/topline-financial-credit-union-donates-over-4000-in-electronics-to-help-young-adults-prepare-for-the-new-school-year/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, donated laptops and iPads to local… - [Best Innovation Group, Alkami and Arrowhead Credit Union Collaborate for Seamless Digital Banking Conversion](https://thecreditunionconnection.com/best-innovation-group-alkami-and-arrowhead-credit-union-collaborate-for-seamless-digital-banking-conversion/): Best Innovation Group (BIG) today announced that it has supported Arrowhead Credit Union’s successful conversion to Alkami’s digital banking platform… - [CUNA Strategic Services Announces New Alliance Provider](https://thecreditunionconnection.com/cuna-strategic-services-announces-new-alliance-provider/): CUNA Strategic Services is pleased to announce its new alliance with Constant AI, a SaaS company specializing in consumer loan servicing… - [Farmers Insurance Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/farmers-insurance-federal-credit-union-selects-upstart-for-personal-lending/): Farmers Insurance Federal Credit Union (FIGFCU), the credit union serving predominantly members of the Farmers Insurance community… - [60% of Consumers Find Finances a Key Stressor; Over 1 in 3 Concerned about Affording Food for the Next Month](https://thecreditunionconnection.com/60-of-consumers-find-finances-a-key-stressor-over-1-in-3-concerned-about-affording-food-for-the-next-month/): Financial strain is taking a toll on the residents of the tristate area, according to the latest Wellbeing and Your Wallet Index conducted by… - [Mahalo Banking Selected as a 2023 Finovate Awards Finalist for Best Fintech Partnership and Excellence in Financial Inclusion](https://thecreditunionconnection.com/mahalo-banking-selected-as-a-2023-finovate-awards-finalist-for-best-fintech-partnership-and-excellence-in-financial-inclusion/): Mahalo Banking has been selected as a 2023 Finovate Awards finalist for the categories of Best Fintech Partnership and Excellence in Financial Inclusion. - [PSCU Payments Index - August 2023 Edition](https://thecreditunionconnection.com/pscu-payments-index-august-2023-edition/): Today, PSCU published the August edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial… - [Unitus Community Credit Union to Host Third Annual Juntos Avanzamos Celebration](https://thecreditunionconnection.com/unitus-community-credit-union-to-host-third-annual-juntos-avanzamos-celebration/): Unitus Community Credit Union will host its third annual Juntos Avanzamos celebration at Unitus Plaza on August 22, 2023, from noon to… - [Premier Members Credit Union Receives Landmark “Gold Level” Recognition from Colorado Green Business Network](https://thecreditunionconnection.com/premier-members-credit-union-receives-landmark-gold-level-recognition-from-colorado-green-business-network/): Premier Members Credit Union (PMCU) has become the first Credit Union in the State to be certified by the Colorado Green Business Network… - [Wheelhouse Credit Union Presents Inaugural D. Cruz Gonzalez Memorial Grantto Cesar Chavez Elementary School in Southcrest](https://thecreditunionconnection.com/wheelhouse-credit-union-presents-inaugural-d-cruz-gonzalez-memorial-grantto-cesar-chavez-elementary-school-in-southcrest/): Inaugural Award Presented During Wheelhouse Employee Campus Clean-Up Day - [SELCO calls on all educators to apply for 2023 SPARK! Creative Learning Grants](https://thecreditunionconnection.com/selco-calls-on-all-educators-to-apply-for-2023-spark-creative-learning-grants/): SELCO Community Credit Union is calling for Oregon K-12 educators to apply for a 2023 SPARK! Creative Learning Grant. Now in its 30th year… - [Torrance Community Credit Union Announces the Retirement of CEO Steve Stoppel  ](https://thecreditunionconnection.com/torrance-community-credit-unionnbspannounces-thenbspretirement-ofnbspceonbspsteve-stoppelnbspnbsp/): Torrance Community Credit Union is announcing the retirement of Steve Stoppel, The CEO of the credit union. - [Financial Institutions Partner to Grant Nearly $8.4 Million to Utah Nonprofits Supporting Affordable Housing, Community Development](https://thecreditunionconnection.com/financial-institutions-partner-to-grant-nearly-84-million-to-utah-nonprofits-supporting-affordable-housing-community-development/): Nearly $8.4 million has been awarded to numerous nonprofit and government agencies across Utah to support affordable housing and community… - [UMassFive Introduces New Rewards Program for Checking Accounts](https://thecreditunionconnection.com/umassfive-introduces-new-rewards-program-for-checking-accounts/): UMassFive College Federal Credit Union (UMassFive)—the best Credit Union in the Valley for 17 consecutive years*—is pleased to announce the latest… - [Register Now for Commercial Real Estate Loan Accommodations and Workout Guidance Webinar on Sept. 14](https://thecreditunionconnection.com/register-now-for-commercial-real-estate-loan-accommodations-and-workout-guidance-webinar-on-sept-14/): On Thursday, September 14, from 2-3:30 p.m. Eastern, the Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System… - [Sandbox Banking Hailed as a Solution to Banking\'s \"Zombie Core\" FinTech Crisis by Forbes](https://thecreditunionconnection.com/sandbox-banking-hailed-as-a-solution-to-bankings-zombie-core-fintech-crisis-by-forbes/): Sandbox Banking was named a solution to banks\' \"nightmare\" of integrating or replacing outdated core applications by Ron Shevlin in Forbes\' article… - [LSCU Ignites Success Through Ideas and Innovation at Inaugural VISION Conference](https://thecreditunionconnection.com/lscu-ignites-success-through-ideas-and-innovation-atinaugural-vision-conference/): The recently concluded VISION Conference 2023 has left its mark as a transformative event in the southeastern credit union… - [Mahalo Banking and Larky Expand Partnership to Boost Account Holder Engagement](https://thecreditunionconnection.com/mahalo-banking-and-larky-expand-partnership-to-boost-account-holder-engagement/): Larky and Mahalo Banking announce an expanded partnership that enables all Mahalo clients to benefit from Larky’s nudge® platform and embeds… - [PenFed Credit Union Gives Major Donation to Support Service Dogs for Veterans](https://thecreditunionconnection.com/penfed-credit-union-gives-major-donation-to-support-service-dogs-for-veterans/): PenFed CEO James Schenck Has Been Honored with Canine Companions Hero Award! - [Court Grants Credit Union Motion to Intervene in 1071](https://thecreditunionconnection.com/court-grants-credit-union-motion-to-intervene-in-1071/): The U.S. District Court for the Southern District of Texas granted the motion to intervene filed by CUNA, the Cornerstone League, and Rally Credit Union Monday. - [YMR Train shoppe Re-Grand Opening in New space Premier Members Credit Union donated $2500](https://thecreditunionconnection.com/ymr-train-shoppe-re-grand-opening-in-new-space-premier-members-credit-union-donated-2500/): Premier Members Credit Union provided matching funds by donating $2500, to help the Youth Model Railroading Train Shoppe create a larger space. - [American 1 Credit Union Announces 2023 Teacher Grant Availability for Classrooms](https://thecreditunionconnection.com/american-1-cu-teacher-grant-availability-for-classrooms/): American 1 Credit Union pledged $5,000 to their new Teacher Grant Program, where ten educators will each receive $500 for classroom improvements. - [Cyber Incident Notification Requirements](https://thecreditunionconnection.com/cyber-incident-notification-requirements/): This NCUA letter summarizes the amendments to part 748, known as the Cyber Incident Notification Requirements rule. It also provides instructions on what and how to report to the NCUA, and includes examples of both reportable and non-reportable incidents - [DCUC Members, Guests, and Sponsors Raise $33,000 for the Robert Irvine Foundation](https://thecreditunionconnection.com/dcuc-members-guests-and-sponsors-raise-33000-for-the-robert-irvine-foundation/): DCUC is proud to announce its 2023 Conference with a Purpose fundraiser raised a total of $33,000 for the Robert Irvine Foundation. - [Comment Period on MDI Preservation Program Policy Statement Closes August 28](https://thecreditunionconnection.com/comment-period-on-mdi-preservation-program-policy-statement-closes-august-28/): Stakeholders have until August 28 to submit comments on the NCUA’s proposed changes to the interpretive ruling and policy statement on the agency’s Minority Depository Institution Preservation Program - [NCUA Monitoring and Assisting Credit Unions Affected by Wildfires in Maui](https://thecreditunionconnection.com/ncua-monitoring-and-assisting-credit-unions-affected-by-wildfires-in-maui/): As Lahaina, Hawaii, works to recover from the destruction caused by wildfires, the National Credit Union Administration is monitoring the situation closely and… - [California Credit Union Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/california-credit-union-looking-to-fund-innovative-teacher-projects-1/): California Credit Union encourages Los Angeles County teachers who have an innovative class project idea to apply for a credit union grant… - [Posh Reaches New Milestone: Over 100 Live AI Deployments](https://thecreditunionconnection.com/posh-reaches-new-milestone-over-100-live-ai-deployments/): Posh, an AI platform of purpose-built solutions for financial institutions, has announced a new milestone: they have successfully reached over… - [Credit Union of Denver Awarded Number 1 in State of Colorado](https://thecreditunionconnection.com/credit-union-of-denver-awarded-number-1-in-state-of-colorado/): Credit Union of Denver is proud to announce they have been awarded first place as Best-In-State Credit Union in Colorado for 2023! - [DCUC Concludes its 60th Annual Conference](https://thecreditunionconnection.com/dcuc-concludes-its-60th-annual-conference/): The Defense Credit Union Council has officially concluded its 60th Annual Conference. - [25 Credit Unions and Community Banks Now Live with Eltropy’s AI Technology](https://thecreditunionconnection.com/25-credit-unions-and-community-banks-now-live-with-eltropys-ai-technology/): Eltropy AI Chat is giving members and customers a choice and freeing up phone staff for more complex and personalized interactions - [LSCU Hosts Collaborative and Innovative Shark Tank Competition at VISION Conference](https://thecreditunionconnection.com/lscu-hosts-collaborative-and-innovative-shark-tank-competition-at-vision-conference/): The League of Southeastern Credit Unions & Affiliates successfully concluded its first ever Shark Tank competition at our inaugural VISION Conferenc - [ValleyStar Credit Union Launches System Upgrade and Rebranding Effort](https://thecreditunionconnection.com/valleystar-credit-union-launches-system-upgrade-and-rebranding-effort/): ValleyStar announces the launch of a new member-focused computer processing system and rebranding effort aimed at better serving members’ financial needs. - [CUNA, Cornerstone League, and Rally Credit Union file motion to intervene in District Court CFPB Section 1071 Ruling](https://thecreditunionconnection.com/cuna-cornerstone-league-and-rally-credit-union-file-motion-to-intervene-in-district-court-cfpb-section-1071-ruling/): CUNA, together with the Cornerstone League and Rally Credit Union, filed a motion to intervene in litigation challenging the CFPB section 1071 rule in the U.S. District Court for the Southern District of Texas. - [Global Credit Union Foundation Fairway Friends Golf Tournament Raises $60,000 for Local Nonprofits ](https://thecreditunionconnection.com/global-credit-union-foundation-fairway-friends-golf-tournament-raises-60000-for-local-nonprofitsnbsp/): Two Alaska nonprofits get a big boost thanks to a recent golf tournament hosted by Global Credit Union. - [PSECU Donates $10,000 to Historic Broad Street Market’s Rebuild](https://thecreditunionconnection.com/psecu-donates-10000-to-historic-broad-street-markets-rebuild/): PSECU presented Broad Street Market Executive Director Tanis Monroy with a check for $10,000 to assist with rebuilding the historic market’s brick building following a devastating fire - [CUNA Economics: Inflation continues to slow down](https://thecreditunionconnection.com/cuna-economics-inflation-continues-to-slow-down/): CUNA Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s July Consumer Price Index Report… - [Coastal Credit Union Foundation Grant  Erases $2.2 Million in Medical Debt](https://thecreditunionconnection.com/coastal-credit-union-foundation-grantnbsp-erases-22-million-in-medical-debt/): The Coastal Credit Union Foundation announced that a grant to RIP Medical Debt has helped erase nearly $2.2 million in medical debt owed by central North Carolinians. - [Royal Credit Union has been awarded on the Forbes list of America’s Best Small Employers 2023.](https://thecreditunionconnection.com/royal-credit-union-has-been-awarded-on-the-forbes-list-of-americas-best-small-employers-2023/): America’s Best Small Employers ranking was based on the analysis of over 7 million data points with over 11,000 companies - [Genisys Credit Union raises $30,027 for OLHSA’s Walk for Warmth Campaign](https://thecreditunionconnection.com/genisys-credit-union-raises-30027-for-olhsas-walk-for-warmth-campaign/): Throughout the past year, members, employees, friends, and family of Genisys Credit Union raised funds for… - [New Career Moves Making Waves In The CU Industry](https://thecreditunionconnection.com/new-career-moves-making-waves-in-the-cu-industry/): One Detroit Credit Union announced the appointment of award-winning career banker as its new Chief Experience Officer, PenFed Credit Union announced the promotion of four leaders and Robins Financial Credit Union proudly recognized their quarterly Star Employees… - [DCUC Conference: Day 3 Recap](https://thecreditunionconnection.com/dcuc-conference-day-3-recap/): DCUC’s Annual Conference is a unique event, being the only conference within the industry that offers attendees the DoD and military perspective on… - [NCUA Chairman Todd M. Harper Remarks at the Defense Credit Union Council Annual Conference](https://thecreditunionconnection.com/ncua-chairman-todd-m-harper-remarks-at-the-defense-credit-union-council-annual-conference/): The credit union system is built on the enduring principle of “people helping people.” So, I’m honored to join you as the Defense Credit Union Council - [BCU Becomes First Organization To Receive “BUDGETNISTA STAMP of APPROVAL”](https://thecreditunionconnection.com/bcu-becomes-first-organization-to-receive-budgetnista-stamp-of-approval/): After a year-long partnership with award-winning financial educator, Tiffany ‘The Budgetnista’ Aliche, BCU is proud to announce it has received… - [Education Foundation for California Schools Raises $152,668 During Annual Golf Tournament Fundraiser](https://thecreditunionconnection.com/education-foundation-for-california-schools-raises-152668-during-annual-golf-tournament-fundraiser/): The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and… - [FMFCU Foundation Awards $7,000 in Grants to Seven Nonprofit Organizations](https://thecreditunionconnection.com/fmfcu-foundation-awards-7000-in-grants-to-seven-nonprofit-organizations/): FMFCU Foundation is pleasedto announce the selection of seven remarkable nonprofit organizations as recipients of the 2023 Nonprofit Community Grant… - [TopLine Financial Credit Union Receives National Recognition for Adult Financial Education Efforts](https://thecreditunionconnection.com/topline-financial-credit-union-receives-national-recognition-for-adult-financial-education-efforts/): TopLine was recognized as a national top adult financial literacy educator by Credit Union Financial Education Network - [Greater Commercial Lending Completes Additional $25 Million in USDA-Guaranteed Financing for Aemetis Dairy Digesters to Produce Renewable Natural Gas](https://thecreditunionconnection.com/greater-commercial-lending-completes-additional-25-million-in-usda-guaranteed-financing-for-aemetis-dairy-digesters-to-produce-renewable-natural-gas/): New Loan Brings Total to $50 Million Arranged by GCL for Aemetis Project, Which Processes Methane From California Dairy Farms Into Carbon Negative Renewable Natural Gas for Use as Transportation Fuel - [Prodigy Unveils New Brand Highlighting Cutting-Edge Technology](https://thecreditunionconnection.com/nbspprodigy-unveils-new-brand-highlighting-cutting-edge-technology/): Prodigy is proud to announce the launch of its new brand, website and brand-building initiatives - [Alkami Launches First Engagement Artificial Intelligence (AI) Predictive Model for Financial Services Industry](https://thecreditunionconnection.com/alkami-launches-first-engagement-artificial-intelligence-ai-predictive-model-forfinancial-services-industry/): Alkami empowers financial institutions to grow relationships with their most engaged account holders - [Texans Credit Union Signs Agreement with McKinney Independent School District Athletics to be Exclusive Financial Institution](https://thecreditunionconnection.com/texans-credit-union-signs-agreement-with-mckinney-independent-school-district-athletics-to-be-exclusive-financial-institution/): Texans Credit Union (Texans), a leading credit union in North Texas, and McKinney Independent School District (ISD) Athletics today announced its partnership… - [DCUC’s 60th Annual Conference: Day Two Recap ](https://thecreditunionconnection.com/dcucs-60th-annual-conference-day-two-recapnbsp/): The Defense Credit Union Council (DCUC) continued its 60th Annual Conference on Tuesday, August 8, with its first keynote speaker presentation… - [ValleyStar Credit Union Launches Scan Me, Win Me Car Giveaway](https://thecreditunionconnection.com/valleystar-credit-union-launches-scan-me-win-me-car-giveaway/): ValleyStar announces the launch of their ValleyStar 300 “Scan Me, Win Me” car giveaway, with a grand prize of a 2023 Toyota Camry. - [KeyPoint Credit Union Wins Dora Maxwell Award](https://thecreditunionconnection.com/keypoint-credit-union-wins-dora-maxwell-award/): KeyPoint Credit Union has been named the winner of the Dora Maxwell Award for Social Responsibility - [Hell has frozen over](https://thecreditunionconnection.com/hell-has-frozen-over/): A merger between CUNA and NAFCU ‘back in my day’ would have been unthinkable. Now, I’ve mostly only heard or seen … - [PenFed Credit Union Continues Member Focus by Further Increasing Shares and Attracting New Members in First Half of 2023](https://thecreditunionconnection.com/penfed-credit-union-continues-member-focus-by-further-increasing-shares-and-attracting-new-members-in-first-half-of-2023/): PenFed Credit Union Attracts Almost $1.1 Billion in New Shares and 72,000 New Members in First Half of 2023 - [Kentucky Credit Union League Selects Jim Kasch as President/CEO](https://thecreditunionconnection.com/kentucky-credit-union-league-selects-jim-kasch-as-presidentceo/): The Board of Directors of the Kentucky Credit Union League is pleased to announce the selection of Jim Kasch as the credit union’s next President/Chief Executive Officer. Mr. Kasch will succeed Ms. Debbie Painter, who is retiring after serving Kentucky’s Credit Unions for decades, including in the role of President/CEO for almost 5 years. “Kentucky’s credit unions are well-positioned for a bright future with Jim building on the legacy of great leaders before him here in Kentucky,” said Larry Lucas, President/CEO of Ashland Credit Union and Chair of the Board of Directors of the Kentucky Credit Union League. “The Kentucky […] - [CUNA, NAFCU Announce Members of America’s Credit Unions’ Transition Board of Directors](https://thecreditunionconnection.com/cuna-nafcu-announce-members-of-americas-credit-unions-transition-board-of-directors/): Today, Lisa Ginter, Chair of the Board of Credit Union National Association (CUNA), along with Gary Grinnell, Chair of the Board of the National Association of Federally-Insured Credit Unions (NAFCU), announced…. - [Comment Period on Quality Control Standards for AVMs Proposed Rule Closes August 21](https://thecreditunionconnection.com/comment-period-on-quality-control-standards-for-avms-proposed-rule-closes-august-21/): Stakeholders have until August 21 to submit comments on a proposed rule designed to ensure the credibility and integrity of models… - [Eden Village of Wilmington Receives $500,000 Grant from SECU Foundation for Tiny Home Initiative](https://thecreditunionconnection.com/eden-village-of-wilmingtonreceives-500000-grant-from-secufoundation-for-tiny-home-initiative/): Eden Village of Wilmington recently received a $500,000 grant from SECU Foundation to fund the first construction phase of a supportive housing complex and community center for… - [Vantage West Credit Union Leverages Numerated to Transform the Lending Process for Member Businesses](https://thecreditunionconnection.com/vantage-west-credit-union-leverages-numerated-to-transform-the-lending-process-for-member-businesses/): Vantage West Credit Union, a $2.6B Arizona-based institution, announced its partnership with Numerated, an innovative provider of digital business… - [Relationship-Based Lending Platform, Zirtue, Announces Partnership with TruStage™ to Provide its First-of-its-kind Loan Insurance Solution](https://thecreditunionconnection.com/relationship-based-lending-platform-zirtue-announces-partnership-with-trustage-to-provide-its-first-of-its-kind-loan-insurance-solution/): Zirtue, the world’s leading relationship-based lending app with a mission to drive financial inclusion, announces today its partnership with TruStage™, a financially strong insurance, investment, and technology provider, built on the philosophy of people helping people. - [Acadia Federal Credit Union Drives New Efficiencies by Centralizing Member Service on the Glia Interaction Platform](https://thecreditunionconnection.com/acadia-federal-credit-union-drives-new-efficiencies-by-centralizing-member-service-on-the-glia-interaction-platform/): Acadia Federal Credit Union has digitally transformed member services with Glia, adding convenient digital-first service options and centralizing its… - [DCUC’s 60th Annual Conference Begins](https://thecreditunionconnection.com/dcucs-60th-annual-conference-begins/): The Defense Credit Union Council’s (DCUC) 60th Annual Conference has officially begun! DCUC welcomed attendees and guests to this year’s conference - [SchoolsFirst FCU Holds Workshops to Commemorate ADA Signing](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-holds-workshops-to-commemorate-signing-of-americans-with-disabilities-act/): Low- to no-cost workshops featured exercises simulating disabilities to help team members develop a clearer understanding of how to serve members better A SchoolsFirst team member experiencing simulated disability to better understand others. SchoolsFirst Federal Credit Union announced it had hosted two successful workshops for its marketing, product, user design and research team members in the Tustin headquarters and Sacramento operation center, to commemorate the July 26 anniversary of the signing of the Americans with Disabilities Act (ADA). Each session featured hands-on learning activities to simulate common disabilities, which gave team members direct experience of Members’ different capabilities. The exercises […] - [Financial Plus Credit Union Awarded Credit Union of the Year by Michigan Certified Development Corporation](https://thecreditunionconnection.com/financial-plus-credit-union-awarded-creditunion-of-the-year-by-michigan-certifieddevelopment-corporation/): Nathan Adams and David Lopez accepting Financial Plus Credit Union’s 2022 Credit Union of the Year award at MCDC’s Annual Golf Outing. - [California Credit Union Adds 55,000 Surcharge-Free ATMs for Members Through Allpoint Network](https://thecreditunionconnection.com/california-credit-union-adds-55000-surcharge-free-atms-for-members-through-allpoint-network/): California Credit Union today announced that it has joined the Allpoint Network, providing an additional 55,000 surcharge-free ATMs for - [Joint Statement from CUNA, NAFCU Responds to CDFI Fund Community Development Advisory Board Recommendations](https://thecreditunionconnection.com/joint-statement-from-cuna-nafcu-responds-to-cdfi-fund-community-development-advisory-board-recommendations/): Credit union association leaders from the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) issued a joint statement… - [Robins Financial Credit Union Donates $60,000 to Local Children\'s Hospital from Highly Successful Miracle May Fundraising Campaign](https://thecreditunionconnection.com/robins-financial-credit-union-donates-60000-to-local-childrens-hospital-from-highly-successful-miracle-may-fundraising-campaign/): Robins Financial Credit Union is thrilled to announce the overwhelming success of its annual Miracle May fundraising campaign, resulting in a donation of $60,000 to… - [CUNA Economics: Job Growth Beginning to Slow](https://thecreditunionconnection.com/cuna-economics-job-growth-beginning-to-slow/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to… - [New Executive Development Partner, Plus 8 New VPs of Lending, Internal Operations, & More...](https://thecreditunionconnection.com/new-executive-development-partner-plus-8-new-vps-more/): Humanidei announced a New Executive Development Partner, Financial Center First Credit Union is excited to announce the promotion of five experienced leaders and SDCCU’s Executive VP, CEO & Digital Channels, was named among San Diego Business Journal’s 2023 Leaders of Influence in Advertising, PR & Marketing.… - [Recent Uptick in Cyberattacks Against Credit Unions and Third-Party Service Providers](https://thecreditunionconnection.com/recent-uptick-in-cyberattacks-against-credit-unions-and-third-party-service-providers/): The National Credit Union Administration has observed a concerning rise in cyberattacks against credit unions, credit union service organizations… - [TruStageTM Signs Agreement Committing to Grow Credit Union System in Africa](https://thecreditunionconnection.com/trustagetm-signs-agreement-committing-to-grow-credit-union-system-in-africa/): Recently, TruStage signed a Memorandum of Understanding (MOU) with the African Confederation of Co-operative Savings and Credit Associations… - [Civitas Announces Second Sale-Leaseback With Credit Union 1](https://thecreditunionconnection.com/civitas-announces-second-sale-leaseback-with-credit-union-1/): Civitas Capital Group, a Dallas-based alternative investment manager offering niche opportunities in U.S. real estate… - [GTE Financial Awards $78,000 In Scholarships To 26 Dedicated Students](https://thecreditunionconnection.com/gte-financial-awards-78000-in-scholarships-to-26-dedicated-students/): GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon - [SECU Foundation Supports 20 North Carolina Non-Profits with $800,000 in Capacity Building Grants](https://thecreditunionconnection.com/secu-foundation-supports-20-north-carolina-non-profits-with-800000-in-capacity-building-grants/): Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. - [CUSO’s ‘CU-Save’ Program Continues to Deliver Big Time Savings to Credit Unions](https://thecreditunionconnection.com/cusos-cu-save-program-continues-to-deliver-big-time-savings-to-credit-unions/): A CUSO providing contract renegotiation and cost reduction services continues to deliver eye-opening savings for its credit union clients - [SRM Releases Report on the Importance of Banks & Credit Unions Building a Fintech Blueprint](https://thecreditunionconnection.com/srm-releases-report-on-the-importance-of-banks-amp-credit-unions-building-a-fintech-blueprint/): SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and - [Innovation Refunds Partners with InterLutions to Provide Resources to Credit Unions](https://thecreditunionconnection.com/innovation-refunds-partners-with-interlutions-to-provide-resources-to-credit-unions/): Innovation Refunds, a SOC2 Type 1 certified financial solutions provider dedicated to supporting small and medium-sized businesses - [Oregon Becomes 23rd State to Guarantee a Personal Finance Course for All High School Students](https://thecreditunionconnection.com/oregon-becomes-23rd-state-to-guarantee-a-personal-finance-course-for-all-high-school-students/): On July 31, Governor Tina Kotek signed into law Senate Bill 3, bipartisan legislation that makes Oregon the 23rd state to guarantee a standalone personal finance… - [Piedmont Advantage Credit Union issues a consumer alert on debit card surcharges](https://thecreditunionconnection.com/piedmont-advantage-credit-union-issues-a-consumer-alert-on-debit-card-surcharges/): Piedmont Advantage Credit Union (PACU) cautions businesses that process debit card payments as credit card transactions to not surcharge - [Choosing the Right Core Processor for Your Credit Union: Key Considerations and Benefits](https://thecreditunionconnection.com/core-processor-choice-for-credit-unions/): “Many” smaller financial institutions are shopping for new cores. McKinsey found, “Most banking leaders are aware of the significance of their core banking system, but many do not have explicit strategies…” - [CFPB Sues USASF Servicing for Illegally Disabling Vehicles and for Improper Double-Billing Practices](https://thecreditunionconnection.com/alliance-cu-partners-with-co-op-1/): The Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court against auto-loan servicer USASF Servicing (USASF) for a host of illegal - [Everglades Federal Credit Union Signs Core Contract with CU*SOUTH](https://thecreditunionconnection.com/everglades-federal-credit-union-signs-core-contract-with-cusouth/): CU*SOUTH, a 100% credit union-owned credit union service organization (CUSO) that provides essential products and solutions for credit unions, announced today… - [Passing of Charles “Chuck” Furbee, III, Former CEO of Alloya Corporate Federal Credit Union](https://thecreditunionconnection.com/passing-of-charles-chuck-furbee-iii-former-ceo-of-alloya-corporate-federal-credit-union/): Charles “Chuck” Furbee, III, the former Chief Executive Officer of Alloya Corporate Federal Credit Union, died at home on July 29, 2023 in Naperville, Illinois - [Etana Custody Launches Digital Asset Trading Services For Credit Unions](https://thecreditunionconnection.com/etana-custody-launches-digital-asset-trading-services-for-credit-unions/): Etana Custody (Etana), an industry leader in digital asset custody and trade support solutions announced the successful onboarding of WeStreet Credit Union - [ALLIANCE CU Partners with Co-op](https://thecreditunionconnection.com/alliance-cu-partners-with-co-op/): With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its partner - [Harborstone Credit Union Announces Agreement to Acquire First Sound Bank](https://thecreditunionconnection.com/harborstone-credit-union-announces-agreement-to-acquire-first-sound-bank/): Harborstone Credit Union announced today it has entered into a definitive agreement to acquire Seattle, Washington-based First Sound Bank - [Vizo Financial Raises $12,000 for 10th Anniversary Hot Dog Eating Contest](https://thecreditunionconnection.com/vizo-financial-raises-12000-for-10th-anniversary-hot-dog-eating-contest/): It was a true Decade of Dogs celebration at Vizo Financial’s 10th Annual Hot Dog Eating Contest, which raised a total of $12,000 for Children’s Miracle Network Hospitals at Penn State Health Children’s Hospital. - [TopLine Credit Union Foundation Raises Over $47,000 at 7th Lawn Bowling Fundraiser](https://thecreditunionconnection.com/topline-credit-union-foundation-raises-over-47000-at-7th-lawn-bowling-fundraiser/): Proceeds used to award post-secondary education scholarships and community give-back - [Members First Credit Union raises $12,000 for 2024 scholarship program!](https://thecreditunionconnection.com/members-first-credit-union-raises-12000-for-2024-scholarship-program/): Members First Credit Union raised $12,000 at the 25th Annual Swinging for Scholarships Golf Outing! - [Redwood Credit Union’s New Napa Branch to Host Free Document Shredding Event](https://thecreditunionconnection.com/redwood-credit-unions-new-napa-branch-to-host-free-document-shredding-event/): Redwood Credit Union invites the Napa community to come out to their annual free document shredding event on Saturday, August 19, 2023 from 9 a.m. to noon. - [North Island Credit Union Launches Book Drive To Promote Childhood Literacy in Local Title 1 Schools](https://thecreditunionconnection.com/north-island-credit-union-launches-book-driveto-promote-childhood-literacy-in-local-title-1-schools/): North Island Credit Union has launched a book drive to help ensure children in low-income households have access to books outside the classroom. I - [Golden 1 Credit Union Announces Multi-Million Dollar Investment to Strengthen Equity and Economic Inclusion in Under-Resourced Community](https://thecreditunionconnection.com/golden-1-announces-multi-million-dollar-investment-to-strengthen-equity-and-economic-inclusion/): Golden 1 Credit Union announced it has committed $10 million to Sacramento’s Del Paso Heights neighborhood, a long-neglected, high-poverty area with a predominantly minority population. - [NCUA Working With Credit Unions in Flooded Areas of Vermont](https://thecreditunionconnection.com/ncua-working-with-credit-unions-in-flooded-areas-of-vermont/): The NCUA is working with federally insured credit unions affected by the recent severe storms and flooding in Vermont to help protect consumers and ensure continuity of services. - [Robins Financial Credit Union Supports Local Community: Donates $200,000](https://thecreditunionconnection.com/robins-financial-credit-union-supports-local-community-donates-200000/): Robins Financial Credit Union recently donated $200,000 to 16 non-profit organizations through their Community Project. - [2023 CUES® Compensation Survey Results Indicate Compensation Up Across Most Positions](https://thecreditunionconnection.com/2023-cues-compensation-survey-results-indicate-compensation-up-across-most-positions/): Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in the 2023 CUES Executive Compensation Survey. - [Avoiding Prohibited Discrimination Practices in Automated Underwriting Systems](https://thecreditunionconnection.com/avoiding-prohibited-discrimination-practices-in-automated-underwriting-systems/): The NCUA is issuing a reminder that requiring manual underwriting as an exception to automated underwriting systems based on a minimum or maximum age violates ECOA and its implementing regulation, Regulation B. - [Centra Closes On Scottsburg Property](https://thecreditunionconnection.com/centra-closes-on-scottsburg-property/): Centra has closed on a new property in Scottsburg. The 5-acre lot, located adjacent to the Centra Interactive Teller Machine at 1050 N Gardner St, will be the site of a new, combined Centra location. - [Hawaii Credit Union League President and CEO Resigns](https://thecreditunionconnection.com/hawaii-credit-union-league-president-and-ceo-resigns/): The Hawaii Credit Union League’s Board of Directors announced the resignation of HCUL President & CEO, Carol Marx effective September 1, 2023. - [Partnership Financial Credit Union Awards Over $40,000 in Scholarships](https://thecreditunionconnection.com/partnership-financial-credit-union-awards-over-40000-in-scholarships/): Partnership Financial Credit Union (PFCU) is pleased to announce 45 recipients of its 2023 Rising Star Scholarship Program. - [Navy Federal Credit Union and Feeding America® Launch No Plate Left Behind to Fight Hunger in the Military Community](https://thecreditunionconnection.com/navy-federal-credit-union-and-feeding-america/): Navy Federal Credit Union and Feeding America launched No Plate Left Behind to raise awareness about military food insecurity and help servicemembers, veterans, and their families put food on their tables. - [Orange County’s Credit Union Raises $22,700 For Children’s Health Of Orange County (CHOC)](https://thecreditunionconnection.com/orange-countys-credit-union-raises-22700-for-childrens-health-of-orange-county-choc/): Santa Ana-Based Credit Union Concludes Fundraising Campaign in Tribute to the 2023 CHOC Walk in the Park, Presented by Disneyland® Resort - [SchoolsFirst Federal Credit Union Recognizes Sacramento City College Women\'s Soccer Coaches at the Sacramento Republic FC 10th Celebration Match](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-recognizes-sacramento-city-college-womens-soccer-coaches-at-the-sacramento-republic-fc-10th-celebration-match/): SchoolsFirst Federal Credit Union was presenting sponsor and recognized Sacramento City College soccer coaches during Sacramento Republic FC\'s sold-out 10th Celebration Match at Hughes Stadium. - [Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Idalia](https://thecreditunionconnection.com/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-on-supervisory-practices-regarding-financial-institutions-affected-by-hurricane-idalia/): The FDIC, the Federal Reserve Board, the NCUA, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Idalia on the customers and operations of many financial institutions and will provide appropriate regulatory assistance - [MSUFCU Supports Chicago Community With $15,000 Donation](https://thecreditunionconnection.com/msufcu-supports-chicago-community-with-15000-donation/): The MSU FCU Board of Directors and leadership present a $15,000 donation to 3Arts. - [CUNA Economics: Job Market Continues to Cool](https://thecreditunionconnection.com/cuna-economics-job-market-continues-to-cool/): CUNA Senior Economist Ligia Vado, PhD, issued a statement in response to the Labor Department’s August Employment Situation - [Robins Financial Credit Union Supports Education with Local Scholarships](https://thecreditunionconnection.com/robins-financial-credit-union-supports-education-with-local-scholarships/): Robins Financial Credit Union proudly honors their commitment to empowering education in our community by supporting two local scholarships. - [Atlanta Community Food Bank Join Hands with Community Partners Across the City to Amplify Hunger Action Month](https://thecreditunionconnection.com/atlanta-community-food-bank-join-hands-with-community-partners-across-the-city-to-amplify-hunger-action-month/): Provides the community with different ways to fight hunger throughout September - [Michigan State University Federal Credit Union Announces Agreement to Acquire Algonquin State Bank](https://thecreditunionconnection.com/michigan-state-university-federal-credit-union-announces-agreement-to-acquire-algonquin-state-bank/): Michigan State University Federal Credit Union (MSUFCU) has entered into a definitive purchase and assumption agreement with Algonquin, IL based… - [In Hurricane Idalia’s Wake, LSCU and SECUF Support Impacted Credit Unions](https://thecreditunionconnection.com/in-hurricane-idalias-wake-lscu-and-secuf-support-impacted-credit-unions/): The League of Southeastern Credit Unions & Affiliates and the Southeastern Credit Union Foundation has leapt into action to support credit unions across Florida and Georgia impacted by Hurricane Idalia. - [Support Beyond PA’s Borders: PSECU Donates $25,000 to Red Cross for Disaster Relief ](https://thecreditunionconnection.com/support-beyond-pas-borders-psecu-donates-25000-to-red-cross-for-disaster-reliefnbsp/): PSECU has made a $25,000 donation to the Central Pennsylvania Region of the American Red Cross to assist with hurricane and wildfire disaster relief efforts. - [LendKey and Member Student Lending Award $20,000 in Scholarships to Help Students Pay for College](https://thecreditunionconnection.com/lendkey-and-member-student-lending-award-20000-in-scholarships-to-help-students-pay-for-college/): LendKey and Member Student Lending awarded scholarships to high-achieving undergraduate students studying at an accredited 4-year college or university - [San Diego County Credit Union Selected as Gold Winner of a DotCOMM Award for Video Paid Media Campaign](https://thecreditunionconnection.com/san-diego-county-credit-union-selected-as-gold-winner-of-a-dotcomm-award-for-video-paid-media-campaign/): San Diego County Credit Union is the winner of a Gold 2023 dotCOMM Award for its “Weathering the Financial Storm,” Video Campaign - [GTE Financial Wins In Financial Literacy And Education At Gramercy Institute’s 2023 Financial Content Marketing Awards](https://thecreditunionconnection.com/gte-financial-wins-in-financial-literacy-and-education-at-gramercy-institutes-2023-financial-content-marketing-awards/): GTE Financial announces they won in the financial literacy and education category for its GTE Level Up program at the Gramercy Institute’s 2023 Financial Content Marketing Awards - [CUNA Lending Council to Award Over $150,000 in Scholarships to Fall Conference ](https://thecreditunionconnection.com/cuna-lending-council-to-award-over-150000-in-scholarships-to-fall-conferencenbsp/): The CUNA Lending Council announces the Next Level Executive Scholarship to allow rising credit union lending leaders the opportunity to attend the 2023 CUNA Lending Council Conference - [ORNL FCU Announces Recipients of 75th Anniversary Community Investment Grants](https://thecreditunionconnection.com/ornl-fcu-announces-recipients-of-75th-anniversary-community-investment-grants/): To celebrate its 75th anniversary, ORNL FCU recently offered its members the opportunity to nominate worthy non-profit organizations to receive a grant up to $75,000.  - [Alkami Partners with Atomic to Offer Direct Deposit Solution for Financial Institutions](https://thecreditunionconnection.com/alkami-partners-with-atomic-to-offer-direct-deposit-solution-for-financial-institutions/): Alkami Technology announced it has partnered with Atomic to provide financial institutions with a direct deposit switching solution that allows account holders to seamlessly connect their payroll accounts to any financial institution. - [New Hires and Promotions Announced At Seven Credit Unions](https://thecreditunionconnection.com/new-hires-and-promotions-announced-at-seven-credit-unions/): Royal Credit Union announced 6 new employees, Tower Federal Credit Union announced the promotion of a new Senior Vice President & Chief Information Officer and Allied Payment Network excitedly announces the addition of fintech pioneer to their Board of Directors… - [Delta Community Wins Statewide Awards for Financial Education Initiatives](https://thecreditunionconnection.com/delta-community-wins-statewide-awards-for-financial-education-initiatives/): Delta Community Credit Union has been recognized for the work and impact of its Financial Education Center again this year. - [Members First CU Named Among Best Credit Unions to Work For 2023](https://thecreditunionconnection.com/members-first-cu-named-among-best-credit-unions-to-work-for-2023/): Members First CU is honored to announce they have been recognized among the Best Credit Unions to Work For 2023 by American Banker - [BayPort Credit Union Ranked #1 in Virginia for Excellence in Member Service and Digital Branch Launch](https://thecreditunionconnection.com/bayport-credit-union-ranked-1-in-virginia-for-excellence-in-member-service-and-digital-branch-launch/): BayPort Credit Union won in all four award categories in the 2023 Social Responsibility and Member Service Awards sponsored by the Virginia Credit Union League and CUNA. - [Four Georgia Credit Unions Win Statewide CUNA Awards](https://thecreditunionconnection.com/four-georgia-credit-unions-win-statewide-cuna-awards/): LSCU & Affiliates and CUNA announce that four Georgia credit unions won a total of six statewide 2023 CUNA Awards for outstanding outreach to their members and communities. - [Robotic Process Automation can make your credit union more human](https://thecreditunionconnection.com/robotic-process-automation-can-make-your-credit-union-more-human/): Once you clear certain hurdles, RPA gives your credit union’s team members more time to be, well, human… - [NCUA to Host Sept. 28 Webinar on Using Technology to Promote Financial Inclusion](https://thecreditunionconnection.com/ncua-to-host-sept-28-webinar-on-using-technology-to-promote-financial-inclusion/): Credit unions can learn how to use the power of technology to expand access to financial services at a Sept. 28 webinar hosted by the… - [CUNA Strategic Services Announces Ranqx as Newest Alliance Provider](https://thecreditunionconnection.com/cuna-strategic-services-announces-ranqx-as-newest-alliance-provider/): CUNA Strategic Services is proud to announce Ranqx as the latest addition to its family of alliance providers. Founded in New Zealand and - [Hawaii State FCU Awards $100,000 in Scholarships to Hawaii Students](https://thecreditunionconnection.com/hawaii-state-fcu-awards-100000-in-scholarships-to-hawaii-students/): Hawaii State Federal Credit Union (Hawaii State FCU), today announced the 20 recipients of its 2023 Hawaii State FCU Scholarship program… - [Three Florida Credit Unions Win Statewide CUNA Awards](https://thecreditunionconnection.com/three-florida-credit-unions-win-statewide-cuna-awards/): LSCU & Affiliates and CUNA announce that three Florida credit unions won a total of four statewide 2023 CUNA Awards for outstanding outreach to their members and communities. - [27 Small Credit Unions Select I-Care for their Employee Health Plans](https://thecreditunionconnection.com/27-small-credit-unions-select-i-care-for-their-employee-health-plans/): InterLutions, an employee benefits CUSO, recently welcomed 27 credit unions to its “I-Care Family.” - [Providence Federal Credit Union Partners with Mahalo Banking to Enhance Online, Mobile Banking Experiences](https://thecreditunionconnection.com/providence-federal-credit-union-partners-with-mahalo-banking-to-enhance-online-mobile-banking-experiences/): Mahalo’s member-centric design, enhanced security functionality and forward-thinking innovation propel Providence FCU. - [VantageScore CreditGauge™ July 2023: Higher Delinquency Rates Persisted, as U.S. Consumers Spent Carefully and Continued to Manage Debt Levels](https://thecreditunionconnection.com/vantagescore-creditgauge-july-2023-higher-delinquency-rates-persisted-as-us-consumers-spent-carefully-and-continued-to-manage-debt-levels/): VantageScore released its July 2023 CreditGauge monthly analysis, highlighting the overall health of US consumer credit. - [CFPB Reaches Multibillion Dollar Settlement with Credit Repair Conglomerate](https://thecreditunionconnection.com/cfpb-reaches-multibillion-dollar-settlement-with-credit-repair-conglomerate/): Largest credit repair brands in America, including Lexington Law and CreditRepair.com, perpetrated yearslong scheme to illegally harvest billions in fees - [Coastal Credit Union Wins Two Best Workplace Awards](https://thecreditunionconnection.com/coastal-credit-union-wins-two-best-workplace-awards/): Included Among Triangle’s Best Places to Work for Eighth Year in a Row - [Texas A&M Sophomore Takes Home $5,000 from Aggieland Credit Union Tuition Takedown Giveaway](https://thecreditunionconnection.com/texas-aampm-sophomore-takes-home-5000-from-aggieland-credit-union-tuition-takedown-giveaway/): Aggieland Credit Union awarded Texas A&M sophomore, Bianca Lasagna-Coloma, $5,000 in its sixth annual Tuition Takedown Giveaway sweepstakes. - [Seven Alabama Credit Unions Win Statewide CUNA Awards](https://thecreditunionconnection.com/seven-alabama-credit-unions-win-statewide-cuna-awards/): LSCU & Affiliates and CUNA are proud to announce that seven Alabama credit unions won a total of nine statewide 2023 CUNA Awards for outstanding outreach to their members and communities. - [NCUA Chairman Todd M. Harper’s Remarks at NASCUS’s State System Summit (S3)](https://thecreditunionconnection.com/ncua-chairman-todd-m-harpers-remarks-at-nascuss-state-system-summit-s3/): We at the NCUA have long been fortunate to maintain a strong working relationship with NASCUS and state regulators through the years… - [Three Leading Texas Credit Unions Renew Partnership with CU*SOUTH](https://thecreditunionconnection.com/three-leading-texas-credit-unions-renew-partnership-with-cusouth/): Victoria City-County Employees FCU, Port of Houston Warehouse FCU, and Our Mother of Mercy FCU extend their Master Services Agreements for Five More Years. - [Spero Financial Named a Top Credit Union to Work For In the Nation](https://thecreditunionconnection.com/spero-financial-named-a-top-credit-union-to-work-for-in-the-nation/): Spero Financial has been named the #9 Best Credit Union to Work for in the Nation by American Banker. - [First Community Credit Union to match up to $5,000 in donations to Caritas Food Pantry – Now through September 30th](https://thecreditunionconnection.com/first-community-credit-union-to-match-up-to-5000-in-donations-to-caritas-food-pantry-now-through-september-30th/): First Community Credit Union is matching donations, dollar-for-dollar up to $5,000 through September 30, 2023. - [Summit Credit Union Provides $700,000 In 2023 Federal Home Loan Bank Grants To Eligible Homebuyers](https://thecreditunionconnection.com/summit-credit-union-provides-700000-in-2023-federal-home-loan-bank-grants-to-eligible-homebuyers/): Qualified homebuyers received up to $10,000 in FHLB grants through Summit toward their down payment, closing costs, or pre-paid expenses.  - [BayPort Foundation Announces it\'s Time to Run, Crawl, and SHELLebrate on October 7-8](https://thecreditunionconnection.com/bayport-foundation-announces-its-time-to-run-crawl-and-shellebrate-on-october-7-8/): the BayPort Foundation is excited to team with J&A Racing to serve as the title sponsor and official charity partner of the BayPort Foundation Crawlin\' Crab Race Weekend - [CUNA Donates $20,000 to CUAid, Maui Food Bank for Wildfire Relief](https://thecreditunionconnection.com/cuna-donates-20000-to-cuaid-maui-food-bank-for-wildfire-relief/): CUNA is donating $20,000 to Maui wildfire relief efforts, with $10,000 through CUAid, the National Credit Union Foundation’s disaster relief system, and $10,000 to Maui Food Bank - [Teachers Federal Credit Union Announces Second Year As The Presenting Sponsor Of The American Cancer Society\'s Making Strides of Long Island](https://thecreditunionconnection.com/teachers-federal-credit-union-announces-second-year-as-the-presenting-sponsor-of-the-american-cancer-societys-making-strides-of-long-island/): Teachers Adds Support as a Silver Sponsor of the Eastern Long Island and Tampa Walks on 30th Anniversary of Making Strides - [Dakota CU Foundation Raises $25,000 for CMN Hospital](https://thecreditunionconnection.com/dakota-cu-foundation-raises-25000-for-cmn-hospital/): The Dakota Credit Union Foundation (Foundation) held their 7th Annual Golf Scramble to benefit Sanford Children’s Hospital! - [Georgia United Launches 12th annual Food Donation Drive](https://thecreditunionconnection.com/georgia-united-launches-12th-annual-food-donation-drive/): Georgia United Foundation kicks off its twelfth Can Hunger program, the organization’s annual donation drive benefiting local food banks.  - [Financial Plus Credit Union Selected to Take Part in Viewpoint Documentary Series](https://thecreditunionconnection.com/financial-plus-credit-union-selected-to-takepart-in-viewpoint-documentary-series/): Financial Plus Credit Union President and CEO, Brad Bergmooser, preps for his interview with Viewpoint. - [First City Credit Union Partners with THRIVE to Shape its Multi-Year, Transformative Data Strategy](https://thecreditunionconnection.com/bcu-awards-scholarships-to-undergraduate-students-welcomes-former-recipient-into-internship-program/): First City Credit Union has joined forces with THRIVE to embark on a transformative journey aimed at unlocking the potential of their member data - [Fiserv and Akoya Meet Consumer Demand for Anytime, Anywhere Financial Information with New Data Sharing Agreement](https://thecreditunionconnection.com/fiserv-and-akoya-meet-consumer-demand-for-anytime-anywhere-financial-information-with-new-data-sharing-agreement/): Connection will enable direct access to data, facilitating secure information sharing for financial institutions and their customers - [Allied Payment Network Signs Over 40 Financial Institutions](https://thecreditunionconnection.com/allied-payment-network-signs-over-40-financial-institutions/): Allied Payment Network Signs Over 40 Financial Institutions - [9 Minn. Credit Unions Win Awards, Advance to National Competitions](https://thecreditunionconnection.com/9-minn-credit-unions-win-awards-advance-to-national-competitions/): The Minnesota Credit Union Network announces the state-level winners of the 2023 Dora Maxwell, Louise Herring and Desjardins award competitions. - [Financial Resources to Help Your Members](https://thecreditunionconnection.com/financial-resources-to-help-your-members/): The National Credit Union Administration has released new resources that credit unions can use in their financial education programs - [Family Trust Names Ryan Harvey as Future CEO](https://thecreditunionconnection.com/family-trust-names-ryan-harvey-as-future-ceo/): The board of directors of Family Trust Federal Credit Union announced today that Ryan Harvey has been named the credit union’s new chief executive officer - [$30M HopeSouth Credit Union Makes its First Mortgage Loan](https://thecreditunionconnection.com/30m-hopesouth-credit-union-makes-its-first-mortgage-loan/): HopeSouth Credit Union CEO Faye Crocker points out that her credit union’s service area in Abbeville County, SC, has some relatively inexpensive… - [Vizo Financial Pledges $1 Million to CU Empowerment Grants Program](https://thecreditunionconnection.com/vizo-financial-pledges-1-million-to-cu-empowerment-grants-program/): Vizo Financial will be reserving $1 million to provide financial empowerment grants for credit unions - [Johns Hopkins Federal Credit Union Names Stacie Sloan as Next Chief Operations Officer (COO)](https://thecreditunionconnection.com/johns-hopkins-federal-credit-union-names-stacie-sloan-as-next-chief-operations-officer-coo/): Johns Hopkins Federal Credit Union is pleased to announce the hiring of Stacie Sloan as its new Chief Operations Officer. - [FMFCU Foundation Supports CityTeam Chester\'s \"Backpacks for Success\" Program with Collected School Supplies](https://thecreditunionconnection.com/fmfcu-foundation-supports-cityteam-chesters-backpacks-for-success-program-with-collected-school-supplies/): FMFCU Foundation is proud to announce its successful collaboration with CityTeam Chester in their initiative, \"Backpacks for Success.\" - [Advanced Fraud Solutions Celebrates 6th Appearance on Inc. 5000 Fastest-Growing Companies List](https://thecreditunionconnection.com/advanced-fraud-solutions-celebrates-6th-appearance-on-inc-5000-fastest-growing-companies-list/): Advanced Fraud Solutions, the foremost authority in payments frauddetection, once again graces the annual Inc. 5000 list of the fastest-growing… - [California Credit Union and Los Angeles Unified School District Award 2023 \"Rookie of the Year\" Teacher Awards](https://thecreditunionconnection.com/7hwxvlkd04vobx1eu1twi6tum08awz/): California Credit Union, in partnership with the Los Angeles Unified School District (LAUSD), recently honored 17 first-year District teachers through its… - [CUNA Associate Business Membership Thrives Amid Rising Credit Union Advocacy Interest](https://thecreditunionconnection.com/cuna-associate-business-membership-thrives-amid-rising-credit-union-advocacy-interest/): Amid an increasingly complex legislative landscape, interest in credit union advocacy has seen a significant uptick, fueling growth in… - [Member One Donates $5,000 to Maui, Hawaii Wildfire Relief Fund](https://thecreditunionconnection.com/member-one-donates-5000-to-maui-hawaii-wildfire-relief-fund/): Member One Federal Credit Union donated $5,000 to the National Credit Union Foundation (NCUF) CUAid disaster relief program, which is… - [Citadel Credit Union Commits to Donating $1 Million to Children\'s Hospital of Philadelphia With Renewal of Parkway Run & Walk Sponsorship](https://thecreditunionconnection.com/citadel-credit-union-commits-to-donating-1-million-to-childrens-hospital-of-philadelphia-with-renewal-of-parkway-run-amp-walk-sponsorship/): Citadel Credit Union has announced it will renew its longstanding, award-winning partnership with Children\'s Hospital of Philadelphia (CHOP) by… - [MOCA Financial adds Alliance Credit Union to its Growing List of Clients](https://thecreditunionconnection.com/moca-financial-adds-alliance-credit-union-to-its-growing-list-of-clients/): MOCA, a provider of advanced digital accounts with self-issued virtual cards and payment processing in one turnkey platform is pleased to - [Personalized, Data-Driven Marketing Is Where It’s at for Georgia United Credit Union](https://thecreditunionconnection.com/personalized-data-driven-marketing-is-where-its-at-for-georgia-united-credit-union/): Knowledge bombs dropping all over in this piece, from best practices to well-known secrets and… - [Comment Period on NCUA Operating Fee Methodology Notice Closes September 5](https://thecreditunionconnection.com/comment-period-on-ncua-operating-fee-methodology-notice-closes-september-5/): Stakeholders have until September 5 to submit comments on the NCUA’s request for comment on its operating fee schedule methodology - [Farmers Insurance Federal Credit Union Goes Live with Constellation To Power Its Next-Generation Digital Banking Experience for Members](https://thecreditunionconnection.com/farmers-insurance-federal-credit-union-goes-live-with-constellation-to-power-its-next-generation-digital-banking-experience-for-members/): Constellation Digital Partners(Constellation) announced today that $1.5 billion asset-sized Farmers Insurance Federal Credit Union… - [CFPB Sues Installment Lending Conglomerate for Illegally Churning Loans to Harvest Hundreds of Millions in Loan Costs and Fees](https://thecreditunionconnection.com/cfpb-sues-installment-lending-conglomerate-for-illegally-churning-loans-to-harvest-hundreds-of-millions-in-loan-costs-and-fees/): Today, the Consumer Financial Protection Bureau (CFPB) sued Heights Finance Holding Company, formerly known as Southern… - [Neches Federal Credit Union Selects PSCU for Credit Card Processing Support](https://thecreditunionconnection.com/neches-federal-credit-union-selects-pscu-for-credit-card-processing-support/): PSCU announced that Neches Federal Credit Union (Neches FCU) has selected the CUSO for comprehensive credit card processing services… - [Wescom Credit Union and Central Coast Federal Credit Union Announce Plans to Merge in 2024](https://thecreditunionconnection.com/wescom-credit-union-and-central-coast-federal-credit-union-announce-plans-to-merge-in-2024/): Wescom Credit Union and Central Coast Federal Credit Union (CCFCU) have entered into a merger agreement, announcing their intent to merge… - [True Digital Partners with Ncontracts to Provide Better and Faster Vendor Data for Banks and Credit Unions](https://thecreditunionconnection.com/true-digital-partners-with-ncontracts-to-provide-better-and-faster-vendor-data-for-banks-and-credit-unions/): True Digital Group, provider of the industry’s first digital vendor optimization network that supports financial institutions in their discovery… - [GTE Financial Earns 2023 Gold Aetna Workplace Well-being Award](https://thecreditunionconnection.com/gte-financial-earns-2023-gold-aetna-workplace-well-being-award/): GTE Financial is proud to announce they have earned the Making a Difference Gold level Aetna Workplace Well-Being Award for the… - [CapEd Credit Union Finds Modern Digital Payments Platform from a Consultative Source in Co-op Solutions](https://thecreditunionconnection.com/caped-credit-union-finds-modern-digital-payments-platformnbspfrom-a-consultative-source-in-co-op-solutions/): Based on a modern digital payments platform and a consultative approach to the member experience, CapEd Credit Union is expanding its… - [Canopy Credit Union’s Nemec named NAFCU CEO of the Year](https://thecreditunionconnection.com/canopy-credit-unions-nemec-named-nafcu-ceo-of-the-year/): Charlotte Nemec, president & CEO of Canopy Credit Union, was selected as CEO of the Year by the National Association of Federally-Insured Credit Unions… - [Hawaii State FCU Opens New Headquarters Branch In Downtown Honolulu](https://thecreditunionconnection.com/hawaii-state-fcu-opens-new-headquarters-branch-in-downtown-honolulu/): Hawaii State Federal Credit Union (Hawaii State FCU), celebrated the grand opening today of its new state-of-the art Headquarters Branch located… - [WeStreet Credit Union Expands into New Community](https://thecreditunionconnection.com/westreet-credit-union-expands-into-new-community/): After the recent successful purchase of two Oklahoma Fidelity Bank branches, WeStreet Credit Union is excited to announce the opening of two… - [CU ALLIANCE’S DREAM EDUCATIONAL FOUNDATION ANNOUNCES SCHOLARSHIP RECIPIENTS](https://thecreditunionconnection.com/cu-alliances-dream-educational-foundation-announces-scholarship-recipients/): CU Alliance is proud to announce the recipients of its Dream Educational Foundation scholarships. Among the deserving individuals… - [EFCU Financial Announces New Chief Executive Officer](https://thecreditunionconnection.com/efcu-financial-announces-new-chief-executive-officer/): EFCU Financial is pleased to announce the selection of Tom Kuslikis as the Credit Union\'s new Chief Executive Officer. Kuslikis will be joining… - [First Community Trust Announces Partnership With River Valley Credit Union & MEMBERS 1st Community Credit Union](https://thecreditunionconnection.com/first-community-trust-announces-partnership-with-river-valley-credit-union-amp-members1st-community-credit-union/): First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Dubuque, has announced a new partnership with… - [Goalsetter Joins CUNA Strategic Services as Newest Alliance Provider](https://thecreditunionconnection.com/goalsetter-joins-cuna-strategic-services-as-newest-alliance-provider/): CUNA Strategic Services is pleased to announce their new alliance with Goalsetter, the award-winning family financial education-focused… - [Eltropy Announces Partnership with Alkami to Enhance Digital Conversations for Financial Institutions](https://thecreditunionconnection.com/eltropy-announces-partnership-with-alkami-to-enhance-digital-conversations-for-financial-institutions/): Eltropy announced a partnership today with Alkami Technology, Inc. The Eltropy-Alkami partnership will allow more financial institutions to… - [Hawaii Central Federal Credit Union is Giving Away a $350 Grocery Delivery to Celebrate the Launch of ADVANTAGE + with Video Banking for Young Adults](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-is-giving-away-a-350-grocery-delivery-to-celebrate-the-launch-of-advantage-with-video-banking-for-young-adults/): Financial education for our youth is a top priority of Hawaii Central Federal Credit Union (FCU) and that starts with setting them up to conquer life - [Affinity Plus Federal Credit Union Opens JA Biztown Philanthropy Center](https://thecreditunionconnection.com/affinity-plus-federal-credit-union-opens-ja-biztown-philanthropy-center/): Affinity Plus Federal Credit Union (Affinity Plus) today revealed a three-year sponsorship of the Philanthropy Center in… - [Christy Soukhamneut Joins UFCU as Chief Lending Officer](https://thecreditunionconnection.com/christy-soukhamneut-joins-ufcu-as-chief-lending-officer/): UFCU, Austin\'s largest locally owned financial institution, announced today that Christy Soukhamneut has joined the credit union as Chief Lending Officer - [US Credit Unions Create Partnership for Ukrainian Humanitarian Aid](https://thecreditunionconnection.com/us-credit-unions-create-partnership-for-ukrainian-humanitarian-aid/): Founded by Steven Bugg, CEO of Great Lakes Credit Union; Tim Williams, CEO of Sno Falls Credit Union; and Chris Doner, CEO of Access Softek in… - [BayPort Credit Union Donates $10,000 to the Hawaii Salvation Army as Wildfire Relief Continues](https://thecreditunionconnection.com/bayport-credit-union-donates-10000-to-the-hawaii-salvation-army-as-wildfire-relief-continues/): BayPort Credit Union today announced it is donating $10,000 to the Hawaii Salvation Army to support its Maui wildfires relief fund. - [Unitus Community Credit Union Provides Disaster Relief Assistance to Maui](https://thecreditunionconnection.com/unitus-community-credit-union-provides-disaster-relief-assistance-to-maui/): In support of the residents and communities affected by the wildfires in Maui, Unitus Community Credit Union has donated $5,000 to the… - [Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the Hawaii Wildfires](https://thecreditunionconnection.com/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-on-supervisory-practices-regarding-financial-institutions-affected-by-the-hawaii-wildfires/): The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Hawaii Department of Commerce and… - [CUNA Files for Preliminary Injunction of CFPB’s 1071 Rule for Credit Unions](https://thecreditunionconnection.com/cuna-files-for-preliminary-injunction-of-cfpbs-1071-rule-for-credit-unions/): The Credit Union National Association (CUNA), Cornerstone League, and Rally Credit Union filed to join an Emergency Motion for Preliminary Injunction… - [CFPB Penalizes Freedom Mortgage and Realty Connect for Illegal Kickbacks](https://thecreditunionconnection.com/cfpb-penalizes-freedom-mortgage-and-realty-connect-for-illegal-kickbacks/): Today, the Consumer Financial Protection Bureau (CFPB) took action against Freedom Mortgage Corporation (Freedom) for providing illegal… - [Team OCCU Hikes for Hope](https://thecreditunionconnection.com/team-occu-hikes-for-hope/): OCCU team members joined Looking Glass Community Services for its sixth annual Hike for Hope on August 5. - [Why is no one talking about ‘big housing?’](https://thecreditunionconnection.com/why-is-no-one-talking-about-big-housing/): Google “big pharma” and you get 8.8 million results. Now search “big housing”… - [Register Now for the Volunteer Income Tax Assistance Program Webinar](https://thecreditunionconnection.com/register-now-for-the-volunteer-income-tax-assistance-program-webinar/): The NCUA is co-hosting a webinar with the Internal Revenue Service about the Volunteer Income Tax Assistance (VITA) program… - [Following Rapid Rise in Credit Card Use, More Consumers Now Using Unsecured Personal Loans to Consolidate Debt](https://thecreditunionconnection.com/following-rapid-rise-in-credit-card-use-more-consumers-now-using-unsecured-personal-loans-to-consolidate-debt/): A new TransUnion (NYSE: TRU) study, “Debt Consolidation in a Rising Economy,” found that amidst a period of growth in credit card balances and… - [Five Credit Unions Partner with MDT to Increase Efficiencies, Enhance Member Service](https://thecreditunionconnection.com/five-credit-unions-partner-with-mdt-to-increase-efficiencies-enhance-member-service/): Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for… - [Redwood Credit Union Recognized by Forbes as One of “America’s Best Small Employers 2023”](https://thecreditunionconnection.com/redwood-credit-union-recognized-by-forbes-as-one-of-americas-best-small-employers-2023/): Redwood Credit Union has been named by Forbes as one of “America’s Best Small Employers 2023.” The list ranks the 300 U.S. companies—with… - [Worldwide Foundation for Credit Unions Supports Maui, Hawai’i through National Credit Union Foundation’s CUAid Initiative](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-supports-maui-hawaii-through-national-credit-union-foundations-cuaid-initiative/): Worldwide Foundation for Credit Unions (WFCU) is supporting credit union communities in Maui, Hawai’i through CUAid, the… - [PRINCE GEORGE’S COMMUNITY FEDERAL CREDIT UNION APPOINTS DIANE COLEMAN BROWN AS NEXT CEO](https://thecreditunionconnection.com/prince-georges-community-federal-credit-union-appoints-diane-coleman-brown-as-next-ceo/): Prince George’s Community Federal Credit Union (PGCFCU), a community-focused financial institution, announced today the appointment of… - [Robins Financial Credit Union Donates $1,000 to Oconee Therapeutic Riding](https://thecreditunionconnection.com/robins-financial-credit-union-donates-1000-tooconee-therapeutic-riding/): Robins Financial Credit Union is pleased to announce a donation of $1,000 to the Oconee Therapeutic Riding 5K and Lap of Love. - [Genisys Credit Union celebrates new Shelby Township Schoenherr Branch with a Ribbon Cutting Ceremony](https://thecreditunionconnection.com/genisys-credit-union-celebrates-new-shelby-township-schoenherr-branch-with-a-ribbon-cutting-ceremony/): On August 15, Genisys Credit Union celebrated the grand opening of their new branch in Shelby Township with a ribbon cutting ceremony. - [NCUA Chairman Harper Welcomes Otsuka Nomination](https://thecreditunionconnection.com/ncua-chairman-harper-welcomes-otsuka-nomination/): Chairman Todd M. Harper issued a statement welcoming President Joseph R. Biden’s nomination of Tanya Otsuka of Virginia to the NCUA Board - [President Nominates Tanya Otsuka to NCUA Board](https://thecreditunionconnection.com/president-nominates-tanya-otsuka-to-ncua-board/): President Joe Biden nominated Tanya Otsuka to serve on the NCUA Board Thursday. - [Desert Financial Credit Union Opens Two On-Campus Branches at Arizona State University](https://thecreditunionconnection.com/desert-financial-credit-union-opens-two-on-campus-branches-at-arizona-state-university/): Desert Financial Credit Union opens its two newest branches at the Arizona State University - [Sikorsky Credit Union Supports Community With Back to School Drive](https://thecreditunionconnection.com/sikorsky-credit-union-supports-community-with-back-to-school-drive/): Sikorsky Credit Union hosted Back to School Drives in their branches to collect school supplies for children in the community. - [Wheelhouse Credit Union Awards 2023 Sustainability Scholarships To Seven San Diego County Students](https://thecreditunionconnection.com/wheelhouse-credit-union-awards-2023-sustainability-scholarships-to-seven-san-diego-county-students/): Wheelhouse Credit Union awarded seven scholarships of $1,000 each to college-bound students through its annual Sustainability College Scholarship Program. - [CUNA\'s Nussle Calls Out Harmful Credit Card Mandate](https://thecreditunionconnection.com/cunas-nussle-calls-out-harmful-credit-card-mandate/): CUNA CEO Jim Nussle reinforced how the Big Box interchange bill would negatively impact consumers, as 3 Senators work to stop any legislation from moving forward in the Senate unless it contains their bill’s language. - [Your Money Further™ Users Gain Access to a Marketplace of Trusted Credit Unions, Powered by Union Credit](https://thecreditunionconnection.com/your-money-further-users-gain-access-to-a-marketplace-of-trusted-credit-unions-powered-by-union-credit/): Union Credit announced today their collaboration with Your Money Further! - [Maine Credit Unions’ Campaign for Ending Hunger Presents Check to The Barbara Bush Children’s Hospital](https://thecreditunionconnection.com/maine-credit-unions-campaign-for-ending-hunger-presents-check-to-the-barbara-bush-childrens-hospital/): Credit Unions Donated $100,000 to Fund the House and will Volunteer Hundreds of Man Hours to Help Build - [The ‘House that Credit Unions Built’ a Collaborative Model for Building Affordable Homes in Austin](https://thecreditunionconnection.com/the-house-that-credit-unions-built-a-collaborative-model-for-building-affordable-homes-in-austin/): Employees from A+ FCU, Austin Telco, Greater Texas, UFCU and Velocity Credit Union worked together to build the first wall for the House that Credit Unions Built benefitting the Austin Habitat for Humanity. - [Visa, Dynamic Edge, Zest AI Join CUNA as Associate Business Members](https://thecreditunionconnection.com/visa-dynamic-edge-zest-ai-join-cuna-as-associate-business-members/): CUNA announces three additional businesses have registered as Associate Business Members. - [AdelFi and Crown Financial Ministries Partner to Bring Biblically Based Financial Education Platform to Christians](https://thecreditunionconnection.com/adelfi-and-crown-financial-ministries-partner-to-bring-biblically-based-financial-education-platform-to-christians/): AdelFi consumer banking members, non-profit organizations, and for-profit businesses across the U.S. will have access to free Biblically based information on stewardship, budgeting, and saving through the AdelFi Financial Stewardship Center - [EarnUp Celebrates Ten Year Anniversary Amid Increased Demand For Financial Wellness FinTech That Enables Debt & Mortgage Payment Automation](https://thecreditunionconnection.com/earnup-celebrates-ten-year-anniversary-amid-increased-demand-for-financial-wellness-fintech-that-enables-debt-amp-mortgage-payment-automation/): EarnUp, Inc. proudly celebrates ten years in business after tremendous growth and demand as more companies and financial institutions prioritize financial wellness. - [Joint Trades Letter To Congress On The Credit Card Competition Act Of 2023](https://thecreditunionconnection.com/joint-trades-letter-to-congress-on-the-credit-card-competition-act-of-2023/): To protect consumers and banks and credit unions alike, Joint Trades oppose the Credit Card Competition Act of 2023. - [Cooperative Credit Union Association Announces External Growth Program Partnership](https://thecreditunionconnection.com/cooperative-credit-union-association-announces-external-growth-program-partnership/): The Cooperative Credit Union Association and Capstone Strategic Inc. announce today the creation of an external growth program for credit unions - [Jack Henry Named to Newsweek\'s List of Top 100 Most Loved Workplaces for 2023](https://thecreditunionconnection.com/jack-henry-named-to-newsweeks-list-of-top-100-most-loved-workplaces-for-2023/): Jack Henry ranked 11th among 100 U.S. companies recognized for outstanding employee sentiment and satisfaction by Newsweek - [Idaho Central Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/idaho-central-credit-union-selects-upstart-for-personal-lending/): Idaho Central Credit Union announced its partnership with Upstart, the leading AI lending marketplace, to provide personal loans to more people. - [Teachers Federal Credit Union Makes Homeownership More Affordable For Active-Duty Servicemembers And Veterans](https://thecreditunionconnection.com/teachers-federal-credit-union-makes-homeownership-more-affordable-for-active-duty-servicemembers-and-veterans/): Teachers Federal Credit Union now offers VA Loans to help active-duty military, veterans, and surviving spouses maximize their benefits, minimize costs, and find the home they deserve. - [Wescom Credit Union Expands Field of Membership to Serve More Californians](https://thecreditunionconnection.com/wescom-credit-union-expands-field-of-membership-to-serve-more-californians/): Wescom Credit Union, on the heels of its Central Coast Federal Credit Union merger news, announced they will now serve an additional thirteen counties in California. - [Annual Iowa Credit Union Convention Concludes, Iowa Credit Union Award Winners Honored](https://thecreditunionconnection.com/annual-iowa-credit-union-convention-concludes-iowa-credit-union-award-winners-honored/): More than 550 credit union leaders, exhibitors, speakers and guests gathered in Coralville, Iowa on September 13-15 for the annual… - [Registration Open for the 2024 Governmental Affairs Conference](https://thecreditunionconnection.com/registration-open-for-the-2024-governmental-affairs-conference/): Registration is now open for the Governmental Affairs Conference (GAC). The annual conference will be held at the… - [Affinity Federal Credit Union Expands Presence with Grand Opening of River Edge Branch](https://thecreditunionconnection.com/affinity-federal-credit-union-expands-presence-with-grand-opening-of-river-edge-branch/): Affinity Federal Credit Union (“Affinity”) is celebrating the grand opening of its new branch in River Edge, New Jersey, with a… - [Navy Federal Credit Union Donates $100,000 Through Its Dollars for Doers Grant Program](https://thecreditunionconnection.com/navy-federal-credit-union-donates-100000-through-its-dollars-for-doers-grant-program/): Navy Federal Credit Union announced today it is donating $100,000 to local nonprofit organizations across the country through its… - [CFPB Issues Guidance on Credit Denials by Lenders Using Artificial Intelligence](https://thecreditunionconnection.com/cfpb-issues-guidance-on-credit-denials-by-lenders-using-artificial-intelligence/): Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about certain legal requirements that lenders must… - [TruStage renames CuneXus, Digital Storefront and adds Digital Deposits Solution](https://thecreditunionconnection.com/trustage-renames-cunexus-digital-storefront-and-adds-digital-deposits-solution/): TruStage announced CuneXus will be known as ‘Digital Storefront’. The new name reflects the fintech’s evolution since it was… - [Louisiana CU League Launches New Era of Member Service](https://thecreditunionconnection.com/louisiana-cu-league-launches-new-era-of-member-service/): Louisiana Credit Union League gets a facelift to improve its support for member credit unions… - [Everwise Credit Union Leverages Constellation Digital Banking To Support Successful Brand Conversion and Deliver Enhanced Member Experience](https://thecreditunionconnection.com/everwise-credit-union-leverages-constellation-digital-banking-to-support-successful-brand-conversion-and-deliver-enhanced-member-experience/): Leading cloud-native digital banking services provider Constellation Digital Partners(Constellation) announced it was… - [For credit union members, loyalty is a two-way street](https://thecreditunionconnection.com/for-credit-union-members-loyalty-is-a-two-way-street/): Traditional financial institutions need innovative strategies to remain competitive in the ever-evolving finance landscape, where fintechs loom large… - [Mahalo Banking Wins Best of Show Finovate Fall 2023](https://thecreditunionconnection.com/mahalo-banking-wins-best-of-show-finovate-fall-2023/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, was named Best of Show at this year’s…. - [Eglin Federal Credit Union Employees Raise Funds for Suicide Prevention](https://thecreditunionconnection.com/eglin-federal-credit-union-employees-raise-funds-for-suicide-prevention/): Eglin Federal Credit Union employees raised $7,347 to support suicide prevention for youth and the military through the Bring Hope Dragon Boat Festival and Race held at the Gulf Restaurant on Okaloosa Island Sunday, Sept. 10. - [WOCCU to Launch USAID-CDP Economic Development Initiative Through Credit Unions in 4 Countries](https://thecreditunionconnection.com/woccu-to-launch-usaid-cdp-economic-development-initiative-through-credit-unions-in-4-countries/): New five-year program builds on work of TIFI Project in Burkina Faso, Kenya, Senegal and Guatemala - [CBC Summit addressing banking and compliance challenges for the crypto industry kicks off next week](https://thecreditunionconnection.com/cbc-summit-addressing-banking-and-compliance-challenges-for-the-crypto-industry-kicks-off-next-week/): The much-anticipated CBC Summit, an executive-level event featuring 100+ industry leaders and regulators focused on crypto banking and compliance, is happening this September 28th in Washington, D.C. - [Dean Michaels Named President/CEO of Co-op Solutions as Todd Clark Departs After Seven Years of Expansive Growth](https://thecreditunionconnection.com/dean-michaels-named-presidentceo-of-co-op-solutionsnbspas-todd-clark-departs-after-seven-years-of-expansive-growth/): Co-op’s Board of Directors has named Dean Michaels, formerly Chief Strategy Officer, as the new President/CEO effective immediately. - [Coastal Credit Union Hires Mia Vista Perez as Chief Administrative Officer](https://thecreditunionconnection.com/coastal-credit-union-hires-mia-vista-perez-as-chief-administrative-officer/):  Coastal Credit Union has hired Mia Vista Perez as Chief Administrative Officer.  - [Capital Credit Union Partners with Fox Cities YMCA To Offer Financial Education Classes](https://thecreditunionconnection.com/capital-credit-union-partners-with-fox-cities-ymca-to-offer-financial-education-classes/): Capital Credit Union is partnering with the YMCA of the Fox Cities to host free financial education classes for community members. - [VyStar Credit Union Named Best Credit Union and Top Mortgage Lender in Northeast Florida](https://thecreditunionconnection.com/vystar-credit-union-namedbest-credit-union-and-top-mortgage-lender-in-northeast-florida/): VyStar Credit Union is proud to be recognized by the Jacksonville Business Journal as the 2023 best credit union and top mortgage lender for volume of mortgages by area offices in Northeast Florida. - [Loan Origination Software Market to Reach $12.2 Billion, Globally, by 2032 at 10.2% CAGR: Allied Market Research](https://thecreditunionconnection.com/loan-origination-software-market-to-reach-122-billion-globally-by-2032-at-102-cagr-allied-market-research/): According to an Allied Market Research report, the global loan origination software industry was valued at $4.8 billion in 2022 and is projected to reach $12.2 billion by 2032, growing at a CAGR of 10.2% from 2023 to 2032.   - [Kinecta Federal Credit Union Distributes 1,000 Backpacks at its 14th Annual Backpack Drive](https://thecreditunionconnection.com/kinecta-federal-credit-union-distributes-1000-backpacks-at-its-14th-annual-backpack-drive/): Kinecta Federal Credit Union hosted its 14th Annual Back-to-School Backpack Drive distributing 1,000 backpacks filled with school supplies - [Pagaya and Värde Continue Partnership to Provide Capital Support to Credit Unions](https://thecreditunionconnection.com/pagaya-and-vrde-continue-partnership-to-provide-capital-support-to-credit-unions/): Värde Partners and Pagaya Close $108mm Transaction for Multi-Billion Dollar Credit Union - [$55,000 Raised for Junior Achievement at Seventh Annual PSECU Chips In Golf Outing ](https://thecreditunionconnection.com/55000-raised-for-junior-achievement-at-seventh-annual-psecu-chips-in-golf-outingnbsp/): PSECU, Pennsylvania’s largest credit union, hosted over 100 golfers for its annual PSECU Chips In Golf Outing on… - [Credit Union Leaders Gathered in Las Vegas for Alloya’s Ninth Leadership Symposium](https://thecreditunionconnection.com/credit-union-leaders-gathered-in-las-vegas-for-alloyas-ninth-leadership-symposium/): Alloya Corporate Federal Credit Union’s ninth annual Credit Union Executive Leadership Symposium saw record attendance as… - [My Perfect Mortgage Compiles List Of 100% LTV HELOC Lenders In Nearly Every State](https://thecreditunionconnection.com/my-perfect-mortgage-compiles-list-of-100-ltv-heloc-lenders-in-nearly-every-state/): MyPerfectMortgage.com, an industry-leading mortgage and real estate resource, published a list of lenders in nearly every state that… - [SchoolsFirst Federal Credit Union Team Raises $63,875 for CHOC Walk in the Park 2023](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-team-raises-63875-for-choc-walk-in-the-park-2023/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that its team… - [Helping Credit Unions to Boost Member Rewards and Support Local Causes](https://thecreditunionconnection.com/helping-credit-unions-to-boost-member-rewards-and-support-local-causes/): Points4Purpose’s powerful turnkey loyalty platform enables credit unions to grow member lifetime value and at the same time… - [USALLIANCE Financial Selects Harry Zhu as Next CEO](https://thecreditunionconnection.com/usalliance-financial-selects-harry-zhu-as-next-ceo/): The Board of Directors of USAlliance Federal Credit Union has selected Harry Zhu to serve as its next President and Chief Executive Officer - [CUES® Emerge Judges Announced](https://thecreditunionconnection.com/cues-emerge-judges-announced/): CUES Emerge, the program for emerging credit union leaders that combines online learning, peer collaboration and… - [PSCU Payments Index - September 2023 Edition](https://thecreditunionconnection.com/pscu-payments-index-september-2023-edition/): Today, PSCU published the July edition of the PSCU Payments Index, the goal of which is to provide information and insights to… - [SECUF, LSCU Provide Nearly $40K to Communities in Hurricane Idalia’s Wake](https://thecreditunionconnection.com/secuf-lscu-provide-nearly-40k-to-communities-in-hurricane-idalias-wake/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Southeastern Credit Union Foundation… - [Financial Plus Credit Union Recognized as oneof ‘Flint & Genesee’s Top 10 Employers’](https://thecreditunionconnection.com/financial-plus-credit-union-recognized-as-oneof-flint-amp-genesees-top-10-employers/): Financial Plus Credit Union is proud to announce that it has been named one of \"Flint & Genesee\'s Top 10 Employers” in a… - [24 Leaders & Organizations Honored for Excellence, Achievements, and Contributions to the Credit Union Movement](https://thecreditunionconnection.com/24-leaders-amp-organizations-honored-for-excellence-achievements-and-contributions-to-the-credit-union-movement/): The California and Nevada Credit Union Leagues are pleased to announce recipients of this year’s League Awards, Advocacy Awards… - [Coastal Credit Union Foundation Provides 14 New Grants to Local Nonprofits](https://thecreditunionconnection.com/coastal-credit-union-foundation-provides-14-new-grants-to-local-nonprofits/): The Coastal Credit Union Foundationannounced today that it has awarded $325,000 to 14 nonprofits in… - [CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk](https://thecreditunionconnection.com/cfpb-report-finds-college-tuition-payment-plans-can-put-student-borrowers-at-risk/): The Consumer Financial Protection Bureau (CFPB) issued a new report finding that students face risk when entering into… - [NCUA Releases Q2 2023 State-Level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q2-2023-state-level-credit-union-data-report/): The median growth rate in loans outstanding and membership at federally insured credit unions was positive over the year ending… - [Casco FCU Renews with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/casco-fcu-renews-with-synergent-to-host-jack-henrys-symitar-core-processing-solution/): Synergent® is pleased to announce that Casco FCU has signed a new ten-year agreement with Synergent for hosted… - [Third Consecutive Year PAHO/WHO Federal Credit Union Recognized as a Best Credit Union to Work For®](https://thecreditunionconnection.com/third-consecutive-year-pahowho-federal-credit-union-recognized-as-a-best-credit-union-to-work-for/): For the third consecutive year, PAHO/WHO Federal Credit Union (PAHO/WHO FCU) has been named one of the… - [CUNA, World Council Urge Basel III Proportionality Implementation](https://thecreditunionconnection.com/cuna-world-council-urge-basel-iii-proportionality-implementation/): Joint letter issued to U.S. Congressional Committee The Credit Union National Association (CUNA) and World Council of Credit Unions (WOCCU) sent a letter Thursday addressing the implementation of a Basel III proportionality framework to establish a simpler and more reasonable approach for credit unions to leaders of the U.S. House of Representatives’ Financial Services Committee. “We support the Federal Reserve’s consideration of adopting the final pieces of the Basel III framework for banks under their purview. However, it is important to understand the proportionality built into the framework that must allow for tailoring for credit unions. Any such amendments must […] - [CU SoCal Donates More Than $10,000 to Aid Maui Relief Efforts](https://thecreditunionconnection.com/cu-socal-donates-more-than-10000-to-aid-maui-relief-efforts/): Credit Union of Southern California (CU SoCal) has donated $10,615 in support of Maui in the aftermath of the devastation caused by wildfires and… - [Calling on Credit Union Leaders to Light a FLAME!](https://thecreditunionconnection.com/calling-on-credit-union-leaders-to-light-a-flame/): IgniteFI, headed by credit union and fintech industry veteran Julie Esser, is inviting credit union leaders to influence the future of fintech… - [CUNA Economics: Prices Jumped in August](https://thecreditunionconnection.com/cuna-economics-prices-jumped-in-august/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor… - [TopLine Financial Credit Union Members and Employees Help Youth Prepare for a Successful Back to School Season](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-help-youth-prepare-for-a-successful-back-to-school-season/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their 20thAnnual School Supply Drive that… - [PenFed Foundation Raises Nearly $1 Million for Veterans and Military Community at 20th Annual Military Heroes Golf Classic](https://thecreditunionconnection.com/penfed-foundation-raises-nearly-1-million-for-veterans-and-military-community-at-20th-annual-military-heroes-golf-classic/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, joined community and business leaders to raise nearly $1 million to support… - [DCUC Attends NAFCU Congressional Caucus](https://thecreditunionconnection.com/dcuc-attends-nafcu-congressional-caucus/): DCUC President/CEO is attending the NAFCU Congressional caucus this week - [SkyOne Federal Credit Union and Hermosa Beach Chamber Foundation Launch Eco-Friendly Community Credit Card with Exciting Rewards and Local Support](https://thecreditunionconnection.com/skyone-federal-credit-union-and-hermosa-beach-chamber-foundation-launch-eco-friendly-community-credit-card-with-exciting-rewards-and-local-support/): SkyOne FCU introduces an innovative co-branded credit card that embodies the values of community growth, environmental consciousness and rewards cardholders for their everyday spending habits - [Soo Co-Op Credit Union Expands Relationship with MDT, Selects Jack Henry’s Banno](https://thecreditunionconnection.com/soo-co-op-credit-union-expands-relationship-with-mdt-selects-jack-henrys-banno/): Soo Co-Op Credit Union has extended their relationship with MDT and also plans to go live with Jack Henry’s Banno. - [72% of Banks and Credit Unions Prioritize Compliance When Evaluating Fintechs, According to Ncontracts Survey](https://thecreditunionconnection.com/72-of-banks-and-credit-unions-prioritize-compliance-when-evaluating-fintechs-according-to-ncontracts-survey/): New survey reveals increased focus on third-party vendor management from financial institutions and examiners, prompting fintechs to hone compliance and risk processes - [Eltropy Hosts Leadership Summit at Sundance, Utah, Spotlighting AI\'s Transformative Role in Community Financial Institutions](https://thecreditunionconnection.com/eltropy-hosts-leadership-summit-at-sundance-utah-spotlighting-ais-transformative-role-in-community-financial-institutions/): C-level industry executives gather at the second annual exclusive Eltropy leadership conference - [Dolphin Debit Enables Mazuma Credit Union to Prioritize In-Branch Member Engagement](https://thecreditunionconnection.com/dolphin-debit-enables-mazuma-credit-union-to-prioritize-in-branch-member-engagement/): Mazuma Credit Union has partnered with Dolphin Debit, circumventing a sizable capital investment while creating opportunities for increased member engagement at branch locations. - [WOCCU Applauds G20 for Embracing Proportionality in Leaders’ Declaration](https://thecreditunionconnection.com/woccu-applauds-g20-for-embracing-proportionality-in-leaders-declaration/): Sustainability and climate-related disclosures among the issues addressed that will impact credit unions - [NCUA Chairman Todd M. Harper’s Remarks at the 2023 NAFCU Congressional Caucus](https://thecreditunionconnection.com/ncua-chairman-todd-m-harpers-remarks-at-the-2023-nafcu-congressional-caucus/): “I believe the latest data do provide important insights into the current state of the credit union system, as well as the opportunities and challenges ahead.” - [SAFEchild Awarded $500,000 Grant from SECU Foundation for New Child Advocacy and Resource Center](https://thecreditunionconnection.com/safechild-awarded-500000-grant-from-secu-foundation-for-new-child-advocacy-and-resource-center/): Facility will bring programs under one roof and nearly double the number served annually Wake County non-profit SAFEchild was recently awarded a $500,000 grant from SECU Foundation to help expand its programs through the construction of a new child advocacy and resource center. SAFEchild, which stands for Stop Abuse For Every child, offers a comprehensive range of child abuse prevention, intervention, and support programs to families at no cost. SAFEchild was established by the Junior League of Raleigh in 1992 to help eliminate child abuse in Wake County. The non-profit serves 17,000 children and caregivers annually from multiple buildings across […] - [CU Relief for Ukraine Launches Giving Opportunities for Credit Unions](https://thecreditunionconnection.com/cu-relief-for-ukraine-launches-giving-opportunities-for-credit-unions/): CU Relief for Ukraine is working to fill the gaps other groups aren’t able to support for Ukrainian credit unions. Great Lakes CU CEO Steven Bugg… - [NCUA to Distribute $76 Million Under Corporate System Resolution Program](https://thecreditunionconnection.com/ncua-to-distribute-76-million-under-corporate-system-resolution-program/): The NCUA is returning more funds associated with the former US Central Corporate Credit Union… - [Prodigy announces major upgrades to its platform](https://thecreditunionconnection.com/prodigy-announces-major-upgrades-to-its-platform/): Prodigy CEO Amber Harsin announced during its annual Prodigies Unite 2023 conference today that the cloud core processing CUSO will be undertaking… - [Focus Financial Partners Chooses UPTIQ to Accelerate Advisor Lending](https://thecreditunionconnection.com/focus-financial-partners-chooses-uptiq-to-accelerate-advisor-lending/): UPTIQ is partnering with Focus Financial Partners to provide comprehensive lending solutions … - [Security Service Federal Credit Union Sponsors Susan G. Komen MORE THAN PINK Walk](https://thecreditunionconnection.com/security-service-federal-credit-union-sponsors-susan-g-komen-more-than-pink-walk/): South Texas will host a Susan G. Kamen MORE THAN PINK walk thanks in part to sponsorship from… - [Lone Star Credit Union Successfully Pilots New BonifiID Identity Credential from Bonifii and GlobaliD](https://thecreditunionconnection.com/lone-star-credit-union-successfully-pilots-new-bonifiid-identity-credential-from-bonifii-and-globalid/): New product demonstrates BonifiID’s verifiable proof of identity using GlobaliD’s digital wallet. - [Topline Financial Credit Union Wins Statewide Award for Member Service Initiatives](https://thecreditunionconnection.com/topline-financial-credit-union-wins-statewide-award-for-member-service-initiatives/): TopLine receives MNCUN’s Louise Herring Philosophy-in-Action Member Service Award - [QCash Financial Facilitates Its Millionth Loan in Partnership With Credit Unions](https://thecreditunionconnection.com/qcash-financial-facilitates-its-millionth-loan-in-partnership-with-credit-unions-1/): QCash Financial announced that on September 1, 2023, it facilitated the one millionth loan in partnership with credit unions across the United States. - [Piedmont Advantage Credit Union introduces first cohort of in-house certified financial counselors](https://thecreditunionconnection.com/piedmont-advantage-credit-union-introduces-first-cohort-of-in-house-certified-financial-counselors/):  Piedmont Advantage Credit Union is proud to announce the introduction of its first cohort of in-house certified financial counselors. - [SECU Receives National Recognition for Financial Education Efforts Benefiting NC Youth](https://thecreditunionconnection.com/nxgsdxiqn5fg19mtq7gks8iimhca8d/): SECU was recently recognized by the Credit Union Financial Education Network for its financial education efforts benefiting North Carolina youth. - [Wildfire Credit Union CEO Timothy Benecke announces retirement from Wildfire Credit Union](https://thecreditunionconnection.com/wildfire-credit-unionbenecke-announces-retirement-from-wildfire-credit-union/): Longtime CEO of Wildfire Credit Union, Timothy Benecke announces plans to retire in the first half of 2024. Benecke joined Wildfire 15 years ago as… - [PenFed Credit Union Donates $10,000 to Aid Communities Impacted by Maui Wildfires](https://thecreditunionconnection.com/penfed-credit-union-donates-10000-to-aid-communities-impacted-by-maui-wildfires/): PenFed employees in Hawaii collect food and hygiene items for those impacted by Maui wildfires. - [GTE Financial To Host Free Car Show In Partnership With The Yankees At Steinbrenner Field To Raise Money For Local Scholarship](https://thecreditunionconnection.com/gte-financial-to-host-free-car-show-in-partnership-with-the-yankees-at-steinbrenner-field-to-raise-money-for-local-scholarship/): GTE Financial is proud to present their inaugural event, Family Motor Fest, a family-friendly festival to raise money for local scholarships in partnership with the Yankees - [Clearview Federal Credit Union Expands with Three New Locations](https://thecreditunionconnection.com/clearview-federal-credit-union-expands-with-three-new-locations/): Clearview is elated to announce the opening of three new financial center locations across the Pittsburgh region - [LGE Community Credit Union celebrates grand opening of Sandy Springs branch](https://thecreditunionconnection.com/lge-community-credit-union-celebrates-grand-opening-of-sandy-springs-branch/): LGE Community Credit Union celebrated the official grand opening of its new Sandy Springs branch - [CFPB Report Highlights Role of Big Tech Firms in Mobile Payments](https://thecreditunionconnection.com/cfpb-report-highlights-role-of-big-tech-firms-in-mobile-payments/): CFPB published a new issue spotlight highlighting the impacts of Big Tech companies’ policies and practices that govern tap-to-pay on mobile devices like smartphones and watches. - [CUNA Strategic Services Allies With Sharetec to Accelerate Credit Union Technology](https://thecreditunionconnection.com/cuna-strategic-services-allies-with-sharetec-to-accelerate-credit-union-technology/): CUNA Strategic Services has announced its selection for its newest core processing partner, Sharetec, a cutting-edge leader in credit union technology. - [Credit Union Assets, Lending and Delinquencies Rise in Q2](https://thecreditunionconnection.com/credit-union-assets-lending-and-delinquencies-rise-in-2nd-qtr/): According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit… - [New Research Reveals Changing Consumer Financial Habits Amid Uncertain Economy](https://thecreditunionconnection.com/new-research-reveals-changing-consumer-financial-habits-amid-uncertain-economy/): CD Valet, an online marketplace connecting financial institutions with consumers to compare and open Certificates of Deposit (CD) with the most… - [Maps Credit Union Selects Ameriprise Financial to Manage its Investment Program](https://thecreditunionconnection.com/maps-credit-union-selects-ameriprise-financial-to-manage-its-investment-program/): Ameriprise Financial (NYSE: AMP) today announced Maps Credit Union, a member-owned financial cooperative with more than $1.3 billion in assets, has transitioned… - [Sooper Credit Union Named to Top Three Best Credit Unions of the West](https://thecreditunionconnection.com/sooper-credit-union-named-to-top-three-best-credit-unions-of-the-west/): Sooper Credit Union is proud to be recognized by The Daily Sentinel’s “Best of the West” in Grand Junction. - [LSCU and SECUF Deliver Power, Supplies to Idalia-ravaged Communities](https://thecreditunionconnection.com/lscu-and-secuf-deliver-power-supplies-to-idalia-ravaged-communities/): The League of Southeastern Credit Unions & Affiliates (LSCU) and the Southeastern Credit Union Foundation (SECUF) put its resources and… - [CU Alliance CUSO Welcomes a New Owner/Investor ACUS Holdings](https://thecreditunionconnection.com/cu-alliance-cuso-welcomes-a-new-ownerinvestor-acus-holdings/): CU Alliance®, a multi-service Houston Credit Union Service Organization (CUSO), is pleased to welcome ACUS Holdings, LLC, also a credit union owned… - [OMG, ITMs r Post-COVID Branch Vibes](https://thecreditunionconnection.com/itms-atms-credit-unions-ncr-don-layden/): Those members who’ve discovered ITMs love them! The issue might be getting members… - [Sun East Joins 13 Area Credit Unions and Area Legislators to Deliver 2,834 Pounds of Food and a Monetary Donation of $26,290 to Philabundance](https://thecreditunionconnection.com/sun-east-joins-13-area-credit-unions-and-area-legislators-to-deliver-2834-pounds-of-food-and-a-monetary-donation-of-26290-to-philabundance/): Representatives from 14 credit unions, along with area legislators, delivered 2,834 pounds of non-perishable food items and a monetary donation of $26,290 to Philabundance\'s South Philadelphia warehouse. - [Kinective Announces its Inaugural “Innovator of the Year Awards” Winners](https://thecreditunionconnection.com/kinective-announces-its-inaugural-innovator-of-the-year-awards-winners/): Awards highlight the Best in Banking - [CUNA and Winnow Provide Credit Unions Powerful Automated Regulatory Compliance](https://thecreditunionconnection.com/cuna-and-winnow-provide-credit-unions-powerful-automated-regulatory-compliance/): CUNA and Winnow Solutions, LLC announce a relationship to make subscriptions to Winnow\'s comprehensive state product available to CUNA members at a preferred rate. - [iQ Credit Union Partners with FirstClose to Support Growth](https://thecreditunionconnection.com/iq-credit-union-partners-with-firstclose-to-support-growth/): iQ Credit Union is using FirstClose Equity to power its home equity lending operations to meet the company\'s long-term growth goals. - [Naveo Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/naveo-credit-union-selects-upstart-for-personal-lending/): Naveo Credit Union announced its partnership with Upstart the leading AI lending marketplace, to provide personal loans to more people. - [Kinecta Federal Credit Union Raises Funds for Hawai\'i Community Foundation\'s Maui Fire Relief Effort](https://thecreditunionconnection.com/kinecta-federal-credit-union-raises-funds-for-hawaii-community-foundations-maui-fire-relief-effort/): Kinecta hosts a 2-for-1 fundraising campaign to support the Hawai\'i Community Foundation, helping those devastated by the Maui wildfires - [Credit Union of Southern California Completes Merger With Pacific Transportation Federal Credit Union](https://thecreditunionconnection.com/credit-union-of-southern-california-completes-merger-with-pacific-transportation-federal-credit-union/): Credit Union of Southern California has finalized its merger with Pacific Transportation Federal Credit Union - [75 YEARS OF INTERNATIONAL CREDIT UNION DAY](https://thecreditunionconnection.com/75-years-of-international-credit-union-day/): On October 19, 2023, Royal Credit Union will join over 56,000 credit unions around the world to celebrate International… - [NCUA Board Announces 2024 Meeting Schedule](https://thecreditunionconnection.com/ncua-board-announces-2024-meeting-schedule/): The National Credit Union Administration Board today released its monthly meeting schedule for 2024. Open Board meetings are… - [CUNA Says Student Loans Shouldn’t Be a Challenge to Asset Quality, Rate Hikes Less Necessary](https://thecreditunionconnection.com/cuna-releases-september-economic-update/): CUNA Senior Economist Ligia Vado delves into the scale of the potential effect the lift of student loan forbearance… - [CFPB and FTC Take Actions Against TransUnion for Illegal Rental Background Check and Credit Reporting Practices](https://thecreditunionconnection.com/cfpb-and-ftc-take-actions-against-transunion-for-illegal-rental-background-check-and-credit-reporting-practices/): Today, the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC) took action against a rental… - [CUNA Voices Concern with New CFPB Advisory Opinion](https://thecreditunionconnection.com/cuna-voices-concern-with-new-cfpb-advisory-opinion/): The Consumer Financial Protection Bureau (CFPB) issued an advisory opinion that banks and credit unions with more than… - [Coastal Credit Union Named Among Triangle’s Healthiest Employers for the 13th Time](https://thecreditunionconnection.com/coastal-credit-union-named-among-triangles-healthiest-employers-for-the-13th-time/): Coastal Credit Union has been recognized as one of the Healthiest Employers of the Triangle for 2023. Healthiest Employers is an awards program that recognizes people-first organizations that are focused on improving the health of their employees by creating a community invested in their populations\’ health and well-being. Award applicants were evaluated across six key categories: Culture and Leadership, Foundational Components, Strategic Planning, Communication and Marketing, Programming and Interventions, and Reporting and Analytics. This is the 13th time that Coastal has been named a Healthiest Employer of the Triangle, including the past eight years in a row. It is one of […] - [ARNIA Foundation Announces Grant Recipients for the 2023 enrichEd® Program](https://thecreditunionconnection.com/arnia-foundation-announces-grant-recipients-for-the-2023-enriched-program/): For the first time since the creation of the enrichEd® Grant Program, ARNIA Foundation doubled awarded funds, totaling…. - [Vizo Financial Puts Community First During 2023 Day of Service](https://thecreditunionconnection.com/vizo-financial-puts-community-first-during-2023-day-of-service/): Vizo Financial Corporate Credit Union put community first as itheld its annual Day of Service on October 9, 2023. Every year on… - [Affinity Plus Partners With University of Minnesota Golden Gopher Student-Athletes](https://thecreditunionconnection.com/affinity-plus-partners-with-university-of-minnesota-golden-gopher-student-athletes/): Affinity Plus Federal Credit Union is proud to announce an expansion of its partnership with athletic media rights holder… - [Glia’s Digital Interaction Solutions Now Available within Lumin’s Digital Banking Platform via New Partnership](https://thecreditunionconnection.com/glias-digital-interaction-solutions-now-available-within-lumins-digital-banking-platform-via-new-partnership/): Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated self-service on a single platform, has… - [Nymbus Leverages Scienaptic\'s AI Platform to Supercharge Credit Decisioning for Clients](https://thecreditunionconnection.com/nymbus-leverages-scienaptics-ai-platform-to-supercharge-credit-decisioning-for-clients/): Scienaptic AI, announced today that Nymbus, a premier provider of cloud-based financial technology solutions, has chosen… - [ROYAL CREDIT UNION TEAM MEMBERS PROVIDE 5,500 HOURS OF VOLUNTEER SERVICE IN ONE DAY](https://thecreditunionconnection.com/royal-credit-union-team-members-provide-5500-hours-of-volunteer-service-in-one-day/): By closing their offices for one day, Royal Credit Union (Royal) was able to make a huge impact in the communities they… - [New Study Highlights Massive Privacy Risks Posed by Pending Interchange Fees Proposal](https://thecreditunionconnection.com/new-study-highlights-massive-privacy-risks-posed-by-pending-interchangefees-proposal/): The Florida Credit Union Association (FCUA) and the Credit Union National Association (CUNA) are joining forces to highlight… - [TopLine Financial Credit Union Opens New Bloomington Branch on October 16, 2023](https://thecreditunionconnection.com/topline-financial-credit-union-opens-new-bloomington-branch-on-october-16-2023/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, is opening a new full-service Bloomington branch on October 16, 2023 located at… - [Members First Credit Union Celebrates CU Kind Day and 1st Anniversary of Little Free Libraries](https://thecreditunionconnection.com/members-first-credit-union-celebrates-cu-kind-day-and-1st-anniversary-of-little-free-libraries/): Members First Credit Union celebrated CU Kind Day along with 76 other credit unions across Michigan on Monday, October 9th. This… - [From Finance to Foliage: Genisys Credit Union Teams Up for Park & River Cleanups](https://thecreditunionconnection.com/from-finance-to-foliage-genisys-credit-union-teams-up-for-park-amp-river-cleanups/): The team at Genisys Credit Union put on their work gloves and waders and volunteered to clean-up waterways and… - [SECU Launches Fourth Annual Kindness Campaign, Aims for Half a Million Acts of Kindness in October](https://thecreditunionconnection.com/secu-launches-fourth-annual-kindness-campaign-aims-for-half-a-million-acts-of-kindness-in-october/): SECU, Maryland\'s largest state-chartered credit union, is proud to unveil the fourth edition of its Kindness Campaign this October, building… - [North Texas Universities/Colleges Receive Scholarships from Texas Trust Gives Foundation](https://thecreditunionconnection.com/north-texas-universitiescolleges-receive-scholarships-from-texas-trust-gives-foundation/): The Texas Trust Gives Foundation issued $54,000 in scholarships to four North Texas higher education institutions. The beneficiaries are… - [PSCU to Provide United Community Credit Union with Card Processing Services and Support](https://thecreditunionconnection.com/pscu-to-provide-united-community-credit-union-with-card-processing-services-and-support/): PSCU today announced that United Community Credit Union (United Community) has selected the CUSO to provide debit and… - [Eltropy Unveils Industry’s First Unified Digital Conversations Platform for CFIs ](https://thecreditunionconnection.com/eltropy-unveils-industrys-first-unified-digital-conversations-platform-for-cfisnbsp/): Eltropy announced today that it has revamped its Video Banking and fully integrated it with its Enterprise Texting, Digital Contact Center… - [Behavioral Science Study Reveals Psychology Behind Consumer Payments Choice](https://thecreditunionconnection.com/behavioral-science-study-revealsnbsppsychology-behind-consumer-payments-choice/): Payments engagement and revenue outcomes are only part of the picture… - [DCUC and Frontier Community CU Successfully Host 2023 DCUC Midwest Conference](https://thecreditunionconnection.com/dcuc-and-frontier-community-cu-successfully-host-2023-dcuc-midwest-conference/): The Defense Credit Union Council successfully concluded its 2023 Midwest Sub-Council Conference - [PSECU’s Rick Long Named CUNA Professional of the Year](https://thecreditunionconnection.com/psecus-rick-long-named-cuna-professional-of-the-year/): Rick Long, PSECU’s Chief Information Officer, was named the CUNA Professional of the Year at the CUNA Operations and Member Experience Council Conference! - [Two Unitus Community Credit Union Leaders Elected to Board Chair Positions at Non-Profits](https://thecreditunionconnection.com/two-unitus-community-credit-union-leaders-elected-to-board-chair-positions-at-non-profits/): President and CEO Steven Stapp, and SVP/Chief Retail Officer Corlinda Wooden, take leadership roles at community organizations - [Oregon State Credit Union recognized for United Way giving](https://thecreditunionconnection.com/oregon-state-credit-union-recognized-for-united-way-giving/): Oregon State Credit Union has been recognized by United Way of Linn, Benton & Lincoln Counties with the Outstanding Campaign award. - [CUNA Economics: Jobs Report Exceeds Expectations](https://thecreditunionconnection.com/cuna-economics-jobs-report-exceeds-expectations/): CUNA Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s September Employment Situation - [OCCU Foundation’s contributions topped $900,000 in 2022](https://thecreditunionconnection.com/occu-foundations-contributions-topped-900000-in-2022/): OCCU Foundation distributed $919,497 to nonprofits and charitable initiatives in 2022, the largest annual total in its five-year history. - [Credit Union of Southern California Launches $5K Social Media Photo Contest in Honor of International Credit Union Day](https://thecreditunionconnection.com/credit-union-of-southern-california-launches-5k-social-media-photo-contest-in-honor-of-international-credit-union-day/): To celebrate the 75th anniversary of International Credit Union (ICU) Day on October 19, Credit Union of Southern California (CU SoCal) is giving… - [Minnesota Credit Union Leaders Met with Members of Congress in Washington D.C.](https://thecreditunionconnection.com/minnesota-credit-union-leaders-met-with-members-of-congress-in-washington-dc/): Last week, for the Minnesota Credit Union Network’s (MnCUN) annual Hike the Hill event, credit union staff and board members… - [CFPB Announces Advisory Committee Appointments](https://thecreditunionconnection.com/cfpb-announces-advisory-committee-appointments/): The Consumer Financial Protection Bureau (CFPB) announced the appointment of new members to the Consumer Advisory… - [Socure and eCU Technology Partner to Accelerate the Customer Onboarding Experience and Combat Fraud for Credit Unions](https://thecreditunionconnection.com/socure-and-ecu-technology-partner-to-accelerate-the-customer-onboarding-experience-and-combat-fraud-for-credit-unions/): Socure, the leading provider of digital identity verification and fraud solutions, and eCU Technology, a leading provider of innovative… - [Black Dragon Capital adds award-winning credit union veteran Kirk Kordeleski, former CEO of Bethpage FCU, as Industry Advisor](https://thecreditunionconnection.com/black-dragon-capital-adds-award-winning-credit-union-veteran-kirk-kordeleski-former-ceo-of-bethpage-fcu-as-industry-advisor/): Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments that… - [Citadel Credit Union Announces Bill Brown as President & Chief Executive Officer](https://thecreditunionconnection.com/citadel-credit-union-announces-bill-brown-as-president-amp-chief-executive-officer/): Citadel Credit Union, one of the largest credit unions in Pennsylvania with over $5.7 billion in assets, today announced that Bill Brown… - [Walk in the Fight Against Cancer on October 21](https://thecreditunionconnection.com/walk-in-the-fight-against-cancer-on-october-21/): AnMed, Anderson University Athletics, and Spero Financial Invite You to the 2nd Annual Pink Walk - [Heritage Financial Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/heritage-financial-credit-union-selects-upstart-for-personal-lending/): Heritage Financial Credit Union announced its partnership with Upstart to provide personal loans to more people. - [SDCCU Lift Up Literacy Book Drive is Collecting Books to Support Local Literacy Efforts Led by San Diego County Library](https://thecreditunionconnection.com/sdccu-lift-up-literacy-book-drive-is-collecting-books-to-support-local-literacy-efforts-led-by-san-diego-county-library/): Throughout October, donate new or gently used books at SDCCU branches in San Diego County - [American Eagle Credit Union to host a Lunch & Learn in East Hartford on Elder Fraud Prevention](https://thecreditunionconnection.com/american-eagle-credit-union-to-host-a-lunch-amp-learn-in-east-hartford-on-elder-fraud-prevention/): Learn how to identify and prevent fraud, and what to do if a loved one falls victim to a financial scam. - [Summit Credit Union’s Co-Op Connection Takes Place on Oct. 7](https://thecreditunionconnection.com/summit-credit-unions-co-op-connection-takes-place-on-oct-7/): Summit Credit Union’s twelfth Co-op Connection will take place on Martin Luther King Jr. Boulevard, next to the Dane County Farmers’ Market on Saturday, Oct. 7 between 9 a.m. and 12 p.m. - [Jacksonville based Alive Credit Union and City & Police Federal Credit Union, announce merger partnership to better serve their memberships](https://thecreditunionconnection.com/jacksonville-based-alive-credit-union-and-city-amp-police-federal-credit-union-announce-merger-partnership-to-better-serve-their-memberships/): Alive Credit Union and City & Police Federal Credit Union are pleased to announce their plans to join their two strong and financially sound institutions. - [BankSocial, Bonifii Partner for Next-Gen KYC Solution for Financial Institutions](https://thecreditunionconnection.com/banksocial-bonifii-partner-for-next-gen-kyc-solution-for-financial-institutions/): Bonifii and BankSocial are announcing a partnership to provide Verifiied®, a fully compliant, multilateral identity verification … - [Building Trust Through Member Communications](https://thecreditunionconnection.com/building-trust-through-member-communications/): Rising interest rates and continued inflation are increasing the competition for deposits. - [Redwood Credit Union named healthiest credit union in California, sixth in nation by Glatt HealthScore](https://thecreditunionconnection.com/redwood-credit-union-named-healthiest-credit-union-in-california-sixth-in-nation-by-glatt-healthscore/): Glatt HealthScore highlights RCU as a top performer in financial strength and growth - [America’s Credit Union Museum Announces New Board Members And Officers](https://thecreditunionconnection.com/americas-credit-union-museum-announces-new-board-members-and-officers/): First Female Chair Elected to America\'s Credit Union Museum - [Digital Dominates Consumer Consciousness as Generational Differences Peak](https://thecreditunionconnection.com/pscus-sixth-annual-eye-on-payments-study/): PSCU’s sixth annual Eye on Payments study reveals shifts in consumer payments preferences and behaviors - [Lisa Back Named Chief Financial Officer at Greater Texas|Aggieland Credit Union](https://thecreditunionconnection.com/lisa-back-named-chief-financial-officer-at-greater-texasaggieland-credit-union/): Lisa Back has been named Chief Financial Officer at Greater Texas|Aggieland Credit Union. - [Coastal Credit Union Renews Partnership with CUSO Financial Services](https://thecreditunionconnection.com/coastal-credit-union-renews-partnership-with-cuso-financial-services/): CUSO Financial Services, L.P. is pleased to announce the renewal of its agreement with North Carolina-based Coastal Credit Union - [Securityplus Federal Credit Union\'s Tricia Szurgot, Named Top 5 CEO Finalist for Outstanding Chief Executive by CUES](https://thecreditunionconnection.com/securityplus-federal-credit-unions-tricia-szurgot-named-top-5-ceo-finalist-for-outstanding-chief-executive-by-cues/): Tricia Szurgot, Chief Executive Officer of Securityplus Federal Credit Union, has been named as one of the Top 5 finalists for the prestigious Outstanding Chief Executive award by CUES! - [Affinity Federal Credit Union Selects Green Check to Scale its Cannabis Banking Program](https://thecreditunionconnection.com/affinity-federal-credit-union-selects-green-check-to-scale-its-cannabis-banking-program/): New Jersey’s largest credit union sets out to expand its cannabis offerings in the tri-state - [Zeal Credit Union Shines a Spotlight on Hardworking Americans](https://thecreditunionconnection.com/zeal-credit-union-shines-a-spotlight-on-hardworking-americans/): Zeal Credit Union is pleased to announce the winners of its Hardworking Americans campaign. - [Members First Credit Union\'s \"Double the Donation\" Raises $40,000 to Support New Dawn Shelter](https://thecreditunionconnection.com/members-first-credit-unions-double-the-donation-raises-40000-to-support-new-dawn-shelter/): The \"Double the Donation\" campaign led by Members First Credit Union in support of New Dawn Shelter has resulted in a donation of $20,000 from the credit union, in addition to the $20,000 raised by their community! - [BayPort Introduces Get My Rate Loan Technology to Improve Local Community Financing](https://thecreditunionconnection.com/bayport-introduces-get-my-rate-loan-technology-to-improve-local-community-financing/): BayPort Credit Union announces the launch of new loan technology that enables local consumers to learn their potential loan rate pre-qualification for auto, credit card, or personal loans without affecting their credit score. - [CU Strategic Planning Welcomes Brancucci to Help Launch CU Results](https://thecreditunionconnection.com/cu-strategic-planning-welcomes-brancucci-to-help-launch-cu-results/): Credit union veteran Joseph (Joe) Brancucci has joined CU Strategic Planning as executive vice president, working… - [IBEW 26 FCU Selects Joshua Urbick as Next CEO](https://thecreditunionconnection.com/ibew-26-fcu-selects-joshua-urbick-as-next-ceo/): IBEW 26 Federal Credit Union has selected Joshua Urbick, CCUFC, to serve as its next chief executive officer. - [Honor Credit Union Announces First-Time Homebuyer Grant](https://thecreditunionconnection.com/honor-credit-union-announces-first-time-homebuyer-grant/): Honor Credit Union is extending a new opportunity to help aspiring homebuyers make their dreams come true with the HomeBoost Minority Down Payment Assistance Program! - [First Flight Federal Credit Union names Tabitha Allen President/CEO Successor](https://thecreditunionconnection.com/first-flight-federal-credit-union-names-tabitha-allen-presidentceo-successor/): First Flight Federal Credit Union names Tabitha Allen to succeed Allen ‘Al’ Fallon as President/CEO. - [SDCCU Offers Free Educational Webinars and Resources for Cybersecurity Awareness Month](https://thecreditunionconnection.com/sdccu-offers-free-educational-webinars-and-resources-for-cybersecurity-awareness-month/): Throughout October, SDCCU will present webinars and resources focused on staying safe online as part of Financial Wellness Wednesdays - [Indiana Members Credit Union Contributes $2,426 to Beech Grove City Schools](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-2426-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 - [Black Hills Federal Credit Union Celebrates Grand Opening of New Box Elder Location](https://thecreditunionconnection.com/black-hills-federal-credit-union-celebrates-grand-opening-of-new-box-elder-location/): Black Hills Federal Credit Union celebrated the grand opening of its new Box Elder Member Service Center on Friday, September 29, with a ribbon-cutting ceremony. - [SECU Foundation Launches New Disaster Response Pilot to Assist North Carolina Non-Profits](https://thecreditunionconnection.com/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 areas as declared by federal or state governments. - [Statement from CUNA’s Nussle on the Passing of Sen. Feinstein](https://thecreditunionconnection.com/statement-from-cunas-nussle-on-the-passing-of-sen-feinstein/): Sen. Dianne Feinstein, D-Calif., died Thursday evening at the age of 90. - [SchoolsFirst Federal Credit Union Donates 2,500 Filled Backpacks to 11 County Offices of Education Throughout California](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-donates-2500-filled-backpacks-to-11-county-offices-of-education-throughout-california/): Backpacks filled with school supplies help prepare students for the new school year - [Credit Union of Southern California Named Best Credit Union in Orange County](https://thecreditunionconnection.com/credit-union-of-southern-california-named-best-credit-union-in-orange-county/): Credit Union of Southern California has been named the best credit union in Orange County, according to Orange County Register readers. - [Horizon Credit Union Joins PSCU Cooperative for Payments Processing and ATM Support](https://thecreditunionconnection.com/horizon-credit-union-joins-pscu-cooperative-for-payments-processing-and-atm-support/): PSCU, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions… - [Credit Union Women Making History – Herstory](https://thecreditunionconnection.com/credit-union-women-making-history-herstory/): “Building a relationship with someone where they know they can trust you, but you’re not asking for things all the time or asking just… - [NCUA Awards $3.1 Million Through Expanded CDRLF Grants](https://thecreditunionconnection.com/ncua-awards-31-million-through-expanded-cdrlf-grants/): The National Credit Union Administration awarded $3.1 million in Community Development Revolving Loan Fund grants to… - [VantageScore CreditGauge™ August 2023: Credit Card Account Openings Approached 12-Month High Despite Overall Increase in Consumer Delinquencies](https://thecreditunionconnection.com/vantagescore-creditgauge-august-2023-credit-card-account-openings-approached-12-month-high-despite-overall-increase-in-consumer-delinquencies/): Today, VantageScore released its August 2023 CreditGauge, a monthly analysis highlighting the overall health of U.S. consumer… - [Redwood Credit Union Selects Lumin Digital For Enhanced Digital Banking Services](https://thecreditunionconnection.com/redwood-credit-union-selects-lumin-digital-for-enhanced-digital-banking-services/): Lumin Digital announced today that Santa Rosa-based Redwood Credit Union (Redwood) has signed a multi-year agreement for… - [Black Dragon Capital℠ names Benson Porter, former CEO of BECU and First Tech Credit Union, as Chair of newly formed Fintech CUSO Fund](https://thecreditunionconnection.com/black-dragon-capital-names-benson-porter-former-ceo-of-becu-and-first-tech-credit-union-as-chair-of-newly-formed-fintech-cuso-fund/): Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth… - [Spero Financial Announces Strategic Restructuring of Executive Leadership](https://thecreditunionconnection.com/spero-financial-announces-strategic-restructuring-of-executive-leadership/): Spero Financial announced a restructuring of executive leadership to better align with the changing needs of the members they serve.  - [European Network of Credit Unions (ENCU) in Croatia to Urge Support for Financial Inclusion Measures](https://thecreditunionconnection.com/european-network-of-credit-unions-encu-in-croatia-to-urge-support-for-financial-inclusion-measures/): Advocacy critical to help support policy changes that would enable Croatian credit unions to better serve their members - [Aux Adds Marketing Services to its Back-Office Business Line-Up](https://thecreditunionconnection.com/aux-adds-marketing-services-to-its-back-office-business-line-up/): Aux CUSO has announced the launch of its Marketing Services line of business, adding to its hugely successful Accounting/CFO Consulting and Compliance lines of business. - [NCR Announces Transformational Partnership and Investment in Clip Money](https://thecreditunionconnection.com/ncr-announces-transformational-partnership-and-investment-in-clip-money/): Cardless Business Deposits Enabled Coast to Coast Serving Issuers and Merchants - [Navy Federal to Offer Paycheck Relief to Members Impacted by Government Shutdown](https://thecreditunionconnection.com/navy-federal-to-offer-paycheck-relief-to-members-impacted-by-government-shutdown/): Navy Federal Credit Union is offering a paycheck assistance program, providing an advance on direct deposit for eligible members impacted in the event of a government shutdown. - [BlueShore Financial Announces Ian Thomas as President and CEO](https://thecreditunionconnection.com/blueshore-financial-announces-ian-thomas-as-president-and-ceo/): BlueShore Financial announced today that its Board of Directors has selected Ian Thomas as the organization’s new President and CEO, effective November 14, 2023. - [PenFed Credit Union Provides Furlough Relief for Federal Employees Affected by Potential Government Shutdown](https://thecreditunionconnection.com/penfed-credit-union-provides-furlough-relief-for-federal-employees-affected-by-potential-government-shutdown/): PenFed\'s government furlough Direct Deposit Assistance feature offers interest-free loans in amount of member\'s net pay, up to $6,000 - [Introducing ICLFE\'s Interbank Liquidity Exchange™ - Risk Management Safety Net for Banks and Credit Unions](https://thecreditunionconnection.com/wkubsqx5seoypzz6m8r8wc0gktuvcj/): Amidst rising concerns over liquidity risk management1, the Interbank Contingent Liquidity Funding Exchange (ICLFE) recently introduced a unique market-based cooperative platform, the Interbank Liquidity Exchange - [Eglin Federal Credit Union opens new location in Gulf Breeze](https://thecreditunionconnection.com/eglin-federal-credit-union-opens-new-location-in-gulf-breeze/): Eglin Federal Credit Union held a ribbon-cutting ceremony for its Gulf Breeze ATM/Video Teller Drive-thru located at 3959 Gulf Breeze Parkway. - [BHFCU Staff-Led Giving Program Raises $5,000 for Kids in August](https://thecreditunionconnection.com/bhfcu-staff-led-giving-program-raises-5000-for-kids-in-august/): Black Hills Federal Credit Union’s Community Action Team program and are proud to share that staff raised more than $5,000 during August to support BHFCU’s School Support Drive. - [CFPB Mortgage Report Finds Jumps in Closing Costs and Denials for Insufficient Income, Growing Proportion of Cash-Out Refinances](https://thecreditunionconnection.com/cfpb-mortgage-report-finds-jumps-in-closing-costs-and-denials-for-insufficient-income-growing-proportion-of-cash-out-refinances/): Overall mortgage lending falls amid significant rise in interest rates and discount points - [TruStageTM Introduces First-of-its-Kind Digital Lending Insurance Product](https://thecreditunionconnection.com/trustagetm-introduces-first-of-its-kind-digital-lending-insurance-product/): First-of-its-kind Digital Lending Insurance Product is Designed to Promote Financial Resilience for Lenders and Borrowers. - [CUNA, League-supported SAFER Banking Act Passes Senate Banking Committee](https://thecreditunionconnection.com/cuna-league-supported-safer-banking-act-passes-senate-banking-committee/): The Senate Banking, Housing, and Urban Affairs Committee passed the CUNA and League-supported SAFER Banking Act Wednesday with a 14-9 vote. - [Hawaii State FCU Announces Free Financial Education Offerings Available From October To December](https://thecreditunionconnection.com/hawaii-state-fcu-announces-free-financial-education-offerings-available-from-october-to-december/): The webinar series is free and open to the public and ranges in topics from tips on how to purchase an investment property to understanding the psychology behind spending habits. - [Newzip Deepens Credit Union Ties with SECU Partnership](https://thecreditunionconnection.com/newzip-deepens-credit-union-ties-with-secu-partnership/): State Employees’ Credit Union of Maryland is leveraging Newzip’s agent matching and cash reward platform to enhance SECU’s mortgage offering. - [Innospec Inc. Raises Record $315,000 for PenFed Foundation at Annual Golf Fundraisers](https://thecreditunionconnection.com/innospec-inc-raises-record-315000-for-penfed-foundation-at-annual-golf-fundraisers/): Innospec Inc. raised a record $315,000 for the PenFed Foundation at its two annual golf tournaments. - [Filene Launches Two New Centers of Excellence Addressing Evolving Needs of Credit Unions, Members, and the Community](https://thecreditunionconnection.com/filene-launches-two-new-centers-of-excellence-addressing-evolving-needs-of-credit-unions-members-and-the-community/): Dr. Lamont Black of DePaul University and Dr. Amy Hillman of Arizona State University named as research fellows - [Grow Financial Federal Credit Union Selects Baker Hill NextGen® to Drive Business Loan Growth](https://thecreditunionconnection.com/grow-financial-federal-credit-union-selects-baker-hill-nextgen-to-drive-business-loan-growth/): Grow Financial Federal Credit Union has chosen to partner with Baker Hill to grow its business loan portfolio. - [Cardinal Credit Union Ranked 1ST In Ohio For Adult Financial Education Initiatives By The Ohio Credit Union League](https://thecreditunionconnection.com/cardinal-credit-union-ranked-1st-in-ohio-for-adult-financial-education-initiatives-by-the-ohio-credit-union-league/): Cardinal has been recognized by The Ohio Credit Union League with top honors. - [Verity CU Hopes to Create Credit Union Marketing Magic With New Testimonial Campaign](https://thecreditunionconnection.com/verity-cu-hopes-to-create-credit-union-marketing-magic-with-new-testimonial-campaign/): The struggle to authentically share credit unions’ stories is real. Here’s what Verity Credit Union is trying to do about it… - [Sacramento Valley Credit Union Network Supports MIND Institute at UC Davis Health](https://thecreditunionconnection.com/sacramento-valley-credit-union-network-supports-mind-institute-at-uc-davis-health/): Members of the Sacramento Valley Credit Union Network delivered toys, games and activity books to the MIND Institute of UC Davis Children’s Hospital. - [Scan Me, Win Me Car Giveaway Announces Lucky Winner of 2023 Toyota Camry](https://thecreditunionconnection.com/scan-me-win-me-car-giveaway-announces-lucky-winner-of-2023-toyota-camry/): ValleyStar Credit Union is thrilled to announce the lucky winner of our \"Scan Me, Win Me” car giveaway - [Romney Federal Credit Union Gets Its First ATM From Dolphin Debit](https://thecreditunionconnection.com/romney-federal-credit-union-gets-itsfirst-atm-from-dolphin-debit/): Romney Federal Credit Union wanted to better serve members in their community with an ATM. They found the perfect partner in Dolphin Debit. - [Global Credit Union Foundation Donates $117,500 to Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-donates-117500-to-local-nonprofits/): Several community nonprofits across the states of Alaska, Arizona and Washington recently received a generous donation from the Global Credit Union Foundation. - [Navy Federal Credit Union Awarded Contract to Operate Department of Defense Overseas Military Banking Program](https://thecreditunionconnection.com/navy-federal-credit-union-awarded-contract-to-operate-department-of-defense-overseas-military-banking-program-1/): Navy FCU announced that the Department of Defense has awarded Navy Federal a contract to begin operating the Overseas Military Banking Program, known as \"Community Bank.\" - [VyStar Credit Union Announces Endless Summer Grand Prize Winner](https://thecreditunionconnection.com/vystar-credit-union-announced-the-grand-prize-winner-of-its-endless-summer-sweepstakes/): VyStar Credit Union announced the grand prize winner of its Endless Summer Sweepstakes. - [SECU Foundation Provides $560,000 to Help 14 Non-Profits Build Organizational Capacity](https://thecreditunionconnection.com/secu-foundation-provides-560000-to-help-14-non-profits-build-organizational-capacity/): SECU Foundation continues its efforts to build community sustainability through a new round of capacity building grants recently awarded to 14 non-profits through its Mission Development Grant program. - [Reseda Group Partners with Goalsetter to Build Next Generation of Savers, Investors, Credit Union Members](https://thecreditunionconnection.com/reseda-group-partners-with-goalsetter-to-build-next-generation-of-savers-investors-credit-union-members/): Reseda Group is partnering with Goalsetter to empower the education-first family finance app to deploy its next-generation award-winning platform! - [Bluegrass Community Federal Credit Union Extends Partnership with CU*SOUTH](https://thecreditunionconnection.com/bluegrass-community-federal-credit-union-extends-partnership-with-cusouth/): The Kentucky-based institution looks toward the future with a seven-year extension of its Master Services Agreement with CU*SOUTH. - [20 Winners Awarded $75,000 in BayPort\'s Debt Paydown Sweepstakes](https://thecreditunionconnection.com/20-winners-awarded-75000-in-bayports-debt-paydown-sweepstakes/): BayPort Credit Union announced it has awarded 20 members $75,000 in cash to pay down their existing balance on any BayPort debt as part of its fifth annual Debt Paydown Sweepstakes. - [Financial Plus Credit Union Fenton Location Receives Brick Award for Recent Remodel](https://thecreditunionconnection.com/financial-plus-credit-union-fenton-location-receives-brick-award-for-recent-remodel/): Financial Plus Credit Union’s Fenton location has been awarded the third quarter Brick Award by the Fenton & Linden Chamber of Commerce for their recent remodel and new monument sign! - [CFPB Kicks Off Rulemaking to Remove Medical Bills from Credit Reports](https://thecreditunionconnection.com/cfpb-kicks-off-rulemaking-to-remove-medical-bills-from-credit-reports/): Proposals under consideration would help end coercive debt collection tactics, clean up inaccurate data, and improve credit score predictiveness - [Approximately Five Million New Borrowers to Gain Access to Mortgage Market Using VantageScore 4.0](https://thecreditunionconnection.com/approximately-five-million-new-borrowers-to-gain-access-to-mortgage-market-using-vantagescore-40/): Today, VantageScore released research on the quantitative impact of requiring VantageScore® 4.0 credit… - [CUNA-led Litigation Results in Nationwide Stay of the CFPB\'s 1071 Rule](https://thecreditunionconnection.com/cuna-led-litigation-results-in-nationwide-stay-of-the-cfpbs-1071-rule/): Credit unions are now protected by a nationwide injunction preventing implementation of the Consumer Financial… - [TopLine Financial Credit Union Hosts Personal Care Drive to Benefit Local Communities](https://thecreditunionconnection.com/topline-financial-credit-union-hosts-personal-care-drive-to-benefit-local-communities/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their annual… - [Diamond Award Categories Increase to 37 in 30th Anniversary Year](https://thecreditunionconnection.com/diamond-award-categories-increase-to-37-in-30th-anniversary-year/): CUNA Marketing & Business Development Council’s 30th annual Diamond Awardswill feature three new… - [Credit Unions Launch First Annual Arizona Credit Union Week](https://thecreditunionconnection.com/credit-unions-launch-first-annual-arizona-credit-union-week/): #AZCU Week Ran from October 16 through 20 PHOENIX – OneAZ Credit Union, Arizona Financial Credit Union, TruWest Credit Union and Landings Credit Union were thrilled to celebrate the local credit union movement with the first annual Arizona Credit Union Week (#AZCUWeek). Just check out the pix in the carousel! This inaugural celebration spotlighted the multitude of ways credit unions empower financial independence, strengthen local economies, and serve as a force for good in neighborhoods and communities across Arizona. The week of October 16, OneAZ, Arizona Financial, TruWest and Landings Credit Unions teamed up for activities, culminating with International Credit Union Day, Oct. 19. Fans can tell their […] - [CUNA Responds to Fed Debit Card Interchange Cap Proposal](https://thecreditunionconnection.com/cuna-responds-to-fed-debit-card-interchange-cap-proposal/): The Federal Reserve issued a proposal Wednesday to make significant changes to the current debit card… - [CUNA\'s Nussle Congratulates Credit Union Supporter Johnson as 56th Speaker of the House](https://thecreditunionconnection.com/cunas-nussle-congratulates-credit-union-supporter-johnson-as-56th-speaker-of-the-house/): Rep. Mike Johnson, R-La., was elected the 56th Speaker of the House Wednesday. Johnson—first elected to… - [NCUA and CDFI Hosting Nov. 8 Webinar on Small Dollar Lending Program](https://thecreditunionconnection.com/ncua-and-cdfi-hosting-nov-8-webinar-on-small-dollar-lending-program/): Credit unions interested in the Community Development Financial Institutions Fund Small Dollar Loan… - [Velocity’s Retail Performance Engine™ Selected as a Finalist in NAFCU’s 2023 Innovation Awards](https://thecreditunionconnection.com/velocitys-retail-performance-engine-selected-as-a-finalist-in-nafcus-2023-innovation-awards/): Velocity Solutions announces that its Retail Performance Engine™ has been selected as a finalist in NAFCU’s 2023… - [FMFCU Foundation to Award Scholarships](https://thecreditunionconnection.com/fmfcu-foundation-to-award-scholarships/): Franklin Mint Federal Credit Union Foundation is now accepting applications for two prestigious scholarship… - [OPAS Receives $25,000 from Aggieland Credit Union](https://thecreditunionconnection.com/opas-receives-25000-from-aggieland-credit-union/): Texas A&M’s OPAS has received another financial gift from Aggieland Credit Union for $25,000. The gift will be used to help… - [CFPB Report Finds Credit Card Companies Charged Consumers Record-High $130 Billion in Interest and Fees in 2022](https://thecreditunionconnection.com/cfpb-report-finds-credit-card-companies-charged-consumers-record-high-130-billion-in-interest-and-fees-in-2022/): The Consumer Financial Protection Bureau (CFPB) today released its biennial report to Congress on the consumer credit… - [SchoolsFirst FCU Signs on as Presenting Sponsor of ‘Future Pathways: Superintendents Unplugged’ Podcast](https://thecreditunionconnection.com/schoolsfirst-fcu-signs-on-as-presenting-sponsor-of-future-pathways-superintendents-unplugged-podcast/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced…. - [Atlantic Federal Credit Union Foundation Hits a Home Run with Donation to End Hunger in Maine](https://thecreditunionconnection.com/atlantic-federal-credit-union-foundation-hits-a-home-run-with-donation-to-end-hunger-in-maine/): Atlantic Federal Credit Union Foundation is proud to announce a $7,080 donation to the Maine Credit Union League\'s… - [Female-Founded Debt Payoff Startup Unlocks Lowest Interest Rates in the U.S. and Gives Cash Back Rewards to Fix the $1 Trillion Credit Card Debt Problem](https://thecreditunionconnection.com/female-founded-debt-payoff-startup-unlocks-lowest-interest-rates-in-the-us-and-gives-cash-back-rewards-to-fix-the-1-trillion-credit-card-debt-problem/): Debbie, the female-founded fintech startup that gives consumers cash rewards for paying off their debt and… - [Farmway Credit Union in Kansas Now Has Entire ATM Fleet Under Dolphin Debit Management](https://thecreditunionconnection.com/farmway-credit-union-in-kansas-now-has-entire-atm-fleet-under-dolphin-debit-management/): Farmway Credit Union is convinced of the benefits and has quadrupled the number of ATMs under Dolphin’s management. - [GTE Financial Signs Multi-Year Partnership With Tampa Bay Lightning As Official Credit Union](https://thecreditunionconnection.com/gte-financial-signs-multi-year-partnership-with-tampa-bay-lightning-as-official-credit-union/): GTE Financial is proud to announce they have been named the Official Credit Union of the Tampa Bay Lightning. - [UMassFive Receives Dora Maxwell Social Responsibility Community Service Award](https://thecreditunionconnection.com/for-immediate-release-umassfive-receives-dora-maxwell-social-responsibility-community-service-award/): UMassFive College Federal Credit Union (UMassFive) has received the first place Dora Maxwell Social Responsibility… - [Registration Open for the 2024 World Credit Union Conference](https://thecreditunionconnection.com/registration-open-for-the-2024-world-credit-union-conference/): Registration is now open for the 2024 World Credit Union Conference, cohosted by the World Council of… - [Deserve unveils mobile-integrated issuer processing leveraging Mastercard technologies to help banks and credit unions transform digital payment experiences.](https://thecreditunionconnection.com/deserve-unveils-mobile-integrated-issuer-processing-leveraging-mastercard-technologies-to-help-banks-and-credit-unions-transform-digital-payment-experiences/): Deserve, a mobile-first credit card issuing platform, announced today the launch of new digital processing… - [2023 CUES Individual Awards Winners Announced](https://thecreditunionconnection.com/2023-cues-individual-awards-winners-announced/): CUES is pleased to announce the winners of its annual individual awards and the class of 2023 Hall of Fame… - [Bankjoy Partners with Fraud.net to Offer Real-Time Fraud Prevention for Financial Institutions](https://thecreditunionconnection.com/bankjoy-partners-with-fraudnet-to-offer-real-time-fraud-prevention-for-financial-institutions/): Bankjoy, a leading digital banking provider, today announced its partnership with Fraud.net, the first end-to-end fraud… - [Black Dragon Capital℠ expands One Dragon Services™ team to focus on needs of the Credit Union Movement](https://thecreditunionconnection.com/black-dragon-capital-expands-one-dragon-services-team-to-focus-on-needs-of-the-credit-union-movement/): Black Dragon Capital℠, a multi-phased investment firm focused on advanced technologies in high growth segments… - [Wescom Credit Union Named Official Banking Partner of Knott’s Berry Farm](https://thecreditunionconnection.com/wescom-credit-union-named-official-banking-partner-of-knotts-berry-farm/): Wescom Credit Union, one of the largest community credit unions in the entire U.S., has been named the… - [MassMutual Federal Credit Union Selects Lisa Asadourian as President/CEO](https://thecreditunionconnection.com/massmutual-federal-credit-union-selects-lisa-asadourian-as-presidentceo/): The Board of Directors of MassMutual Federal Credit Union is pleased to announce the selection of Lisa… - [Eltropy Earns Spot on Inc.’s Power Partner Awards List for Second Consecutive Year](https://thecreditunionconnection.com/eltropy-earns-spot-on-incs-power-partner-awards-list-for-second-consecutive-year/): Eltropy has been recognized in the prestigious Inc. Power Partner Awards, Inc. for the second year in a row… - [BayPort Co-Sponsors First-Ever 3D-Printed Home in Southeast Newport News](https://thecreditunionconnection.com/bayport-co-sponsors-first-ever-3d-printed-home-in-southeast-newport-news/): The BayPort Foundation has partnered with Habitat for Humanity Peninsula and Greater Williamsburg and… - [EarnUp Launches Latest Engagement Platform Exclusively for Credit Unions to Support Financial Stability and Strengthen Competitiveness](https://thecreditunionconnection.com/earnup-launches-latest-engagement-platform-exclusively-for-credit-unions-to-support-financial-stability-and-strengthen-competitiveness/): EarnUp, Inc., a financial wellness fintech company, announced today the availability of its EarnUp Engagement Platform… - [NAFCU Services Announces 2023 Innovation Award Finalists](https://thecreditunionconnection.com/nafcu-services-announces-2023-innovation-award-finalists/): NAFCU Services is proud to announce the 2023 Innovation Award finalists. These awards recognize groundbreaking… - [Financial Plus Credit Union Participates in Viewpoint Documentary Series](https://thecreditunionconnection.com/financial-plus-credit-union-participates-in-viewpoint-documentary-series/): The Credit Union Connection sat down with Financial Plus Credit Union CEO Brad Bergmooser to talk about his experience participating in the documentary and why its vital for credit unions to share their stories! FLINT, MI – Financial Plus Credit Union will be featured on an upcoming episode of the renowned documentary series Viewpoint with Dennis Quaid. The award-winning series, hosted by the well-known actor Dennis Quaid, produces educational documentaries on a range of topics including business, technology and culture. “The financial industry is in a revolutionary period,” Financial Plus Credit Union CEO Brad Bergmooser explained. “It’s an honor that […] - [California Credit Union League Celebrates 90 Years of Making an Impact](https://thecreditunionconnection.com/california-credit-union-league-celebrates-90-years-of-making-an-impact/): For more than 90 years, the California Credit Union League has undergone a remarkable transformation. What initially began as… - [FORUM Announces 2023/2024 Educator Grant Recipients](https://thecreditunionconnection.com/forum-announces-20232024-educator-grant-recipients/): FORUM Credit Union is pleased to announce that the FORUM Foundation has awarded $24,872 to 15 educators throughout… - [Texas Trust Gives Foundation Kicks Off 2023 Holiday of Giving](https://thecreditunionconnection.com/texas-trust-gives-foundation-kicks-off-2023-holiday-of-giving/): exas Trust Gives Foundation kicked off the 2023 Holiday Giving season with a $2,000 check to the Mansfield ISD annual Toys for Tots… - [Black Dragon Capital℠ partners with CU 2.0 on the intersection Credit Unions and Technology](https://thecreditunionconnection.com/black-dragon-capital-partners-with-cu-20-on-the-intersection-credit-unions-and-technology/): Black Dragon Capital℠ has announced its new strategic partnership with recognized credit union strategic advisory… - [NET Credit Union Partners with Bankjoy to Drive Deposit Growth & Empower Members with Seamless Digital Onboarding Experience](https://thecreditunionconnection.com/net-credit-union-partners-with-bankjoy-to-drive-deposit-growth-amp-empower-members-with-seamless-digital-onboarding-experience/): NET Credit Union has partnered with leading digital banking provider, Bankjoy to empower its members with a… - [Greenlight Establishes Credit Union Service Organization to Empower Credit Unions with Family Finance Solutions](https://thecreditunionconnection.com/greenlight-establishes-credit-union-service-organization-to-empower-credit-unions-with-family-finance-solutions/): Greenlight® Financial Technology, Inc. (\"Greenlight\"), the fintech company on a mission to help parents raise financially… - [CCUA Announces Award of Excellence Winners and Hall of Fame Inductees](https://thecreditunionconnection.com/ccua-announces-award-of-excellence-winners-and-hall-of-fame-inductees/): The Cooperative Credit Union Association (CCUA) recently hosted the Awards of Excellence luncheon honoring… - [CUNA Joins Other Financial Trades Calling for Fed to Reject Requests for Debit Card Interchange Changes ](https://thecreditunionconnection.com/cuna-joins-other-financial-trades-calling-for-fed-to-reject-requests-for-debit-card-interchange-changesnbsp/): CUNA has joined in a new letter sent to the Federal Reserve Board of Governors, urging the Fed to reject merchant requests for further changes to Regulation II governing debit card interchange fees. - [Back to Basics: Real-Time Payments](https://thecreditunionconnection.com/back-to-basics-real-time-payments/): Over the last two years especially, there’s been a lot of talk about faster and real-time payments, and the changes they’re expected to prompt within the financial services industry. - [CUOLI: Is it still valuable to your credit union?](https://thecreditunionconnection.com/cuoli-is-it-still-valuable-to-your-credit-union/): Credit Union Owned Life Insurance—or CUOLI—is a type of insurance that a credit union typically implements utilizing the lives of one or more of its executives. - [Governor Kim Reynolds Declares October 19 as “Credit Union Day” in Iowa](https://thecreditunionconnection.com/governor-kim-reynolds-declares-october-19-as-credit-union-day-in-iowa/): In honor of International Credit Union (ICU) Day being celebrated on October 19th around the globe, Governor Kim Reynolds signed a proclamation declaring today as “Credit Union Day” in Iowa. - [Affinity Plus Opens Branch in Lake Elmo](https://thecreditunionconnection.com/affinity-plus-opens-branch-in-lake-elmo/): New branch marks the first of three planned openings, illustrating Affinity Plus credit union’s commitment to providing members with accessible brick-and-mortar locations - [APCO Research: CUNA Top Performance in Bipartisanship, Member Representation](https://thecreditunionconnection.com/apco-research-cuna-top-performance-in-bipartisanship-member-representation/): APCO Worldwide recognized Credit Union National Association as the top-rated association in Washington, D.C., in the areas of “bipartisanship” and “member representation.” - [VyStar Celebrates 75 Years of International Credit Union Day By Announcing New Global Insight Opportunities](https://thecreditunionconnection.com/vystar-celebrates-75-years-of-international-credit-union-day-by-announcing-new-global-insight-opportunities/): VyStar is working in conjunction with the Worldwide Foundation for Credit Unions in their Global Bridges program to offer designated employees opportunities to gain insight into how credit unions operate globally and bring back best practices to VyStar - [CUNA ‘concerned’ with CFPB Personal Financial Data Rights Proposal](https://thecreditunionconnection.com/cuna-concerned-with-cfpb-personal-financial-data-rights-proposal/): CFPB released its personal financial data rights proposed rule Thursday, which lays out requirements for financial institutions, card issuers, and other payment facilitation providers to share certain consumer financial data with third-parties at the behest of consumers.   - [Unitus Community Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/unitus-community-credit-union-celebrates-international-credit-union-day/): Unitus Community Credit Union is celebrating the 75th annual International Credit Union Day throughout the organization and its branches. - [Service One Credit Union Announces New President and Chief Strategy Officer](https://thecreditunionconnection.com/service-one-credit-union-announces-new-president-and-chief-strategy-officer/): Service One Credit Union announced the promotion of Justin Morris to President and Chief Strategy Officer. - [Texas A&M Student Entrepreneurs Win Project Funding from Aggieland Credit Union](https://thecreditunionconnection.com/texas-aampm-student-entrepreneurs-win-project-funding-from-aggieland-credit-union/): Texas A&M Mays Business School students pitched their business ideas, Shark Tank style, to financial professionals from Aggieland as part of an A&M program called the Integrated Business Experience! - [PenAir Share It® Program Empowers Santa Rosa County Schools with $5,300 Donation](https://thecreditunionconnection.com/penair-share-it-program-empowers-santa-rosa-county-schools-with-5300-donation/): Members of Pen Air® Credit Union\'s Share It® program have generously contributed over $5,300 to support the Santa Rosa Education Foundation this year. - [GTE Financial Celebrates 75th International Credit Union, Wins 2023 One Tampa Bay Philanthropy Award](https://thecreditunionconnection.com/gte-financial-celebrates-75th-international-credit-union-wins-2023-one-tampa-bay-philanthropy-award/): GTE Financial celebrates International Credit Union Day by being chosen as an honoree for the 2023 Tampa Bay Business Journal One Tampa Bay awards - [Georgia United Foundation Annual Food Drive Provides 44,000 Meals for Local Community](https://thecreditunionconnection.com/georgia-united-foundation-annual-food-drive-provides-44000-meals-for-local-community/): To help bridge the food insecurity gap, Georgia United Foundation\'s 2023 Can Hunger food and donation drive raised awareness about hunger in local communities and collected almost $10,000 in donations! - [CFPB Proposes Rule to Jumpstart Competition and Accelerate Shift to Open Banking](https://thecreditunionconnection.com/cfpb-proposes-rule-to-jumpstart-competition-and-accelerate-shift-to-open-banking/): Personal Financial Data Rights rule would challenge industry to compete for customers, protect consumers from excessive surveillance, and help people walk away from bad service - [Gesa Credit Union Forms Strategic Partnership with Nymbus to Launch New Digital Credit Union](https://thecreditunionconnection.com/gesa-credit-union-forms-strategic-partnership-with-nymbus-to-launch-new-digital-credit-union/): NYMBUS® is thrilled to announce a strategic partnership with Gesa Credit Union. - [Elan Credit Card Celebrates International Credit Union Day](https://thecreditunionconnection.com/elan-credit-card-celebrates-international-credit-union-day/): $75,000 donated on behalf of credit union partners - [Curinos launches new deposit management platform to help community banks and credit unions achieve funding goals](https://thecreditunionconnection.com/curinos-launches-new-deposit-management-platform-to-help-community-banks-and-credit-unions-achieve-funding-goals/): Deposit Optimizer Essentials delivers best-in-class analytics more cost-efficiently than hiring a large data-analysis team. - [equipifi collaborates with Jack Henry to unlock Buy Now, Pay Later from banks and credit unions](https://thecreditunionconnection.com/equipifi-collaborates-with-jack-henry-to-unlock-buy-now-pay-later-from-banks-and-credit-unions/): equipifi announced today that its Buy Now, Pay Later solution is now accessible through the Jack Henry™ digital banking platform. - [Alkami Releases the 2024 Strategies and Budgeting Playbook for Financial Institutions](https://thecreditunionconnection.com/alkami-releases-the-2024-strategies-and-budgeting-playbook-for-financial-institutions/): Research-driven insights lay the groundwork for banks and credit unions to gain competitive standing in year ahead - [Senate Passes Resolution of Disapproval for CFPB’s 1071 Rule](https://thecreditunionconnection.com/senate-passes-resolution-of-disapproval-for-cfpbs-1071-rule/): The Senate passed a joint resolution of disapproval Wednesday on the Consumer Financial Protection Bureau’s section 1071 rule. - [Tyndall Breaks Credit Union Giveback Record](https://thecreditunionconnection.com/tyndall-breaks-credit-union-giveback-record/): The strategy is simple: “Charge less, give more.” - [BHFCU Staff-Led Giving Program Raises Over $4,500 in September](https://thecreditunionconnection.com/bhfcu-staff-led-giving-program-raises-over-4500-in-september/): Black Hills Federal Credit Union promoted the staff-led Community Action Team (CAT) program raising money for four organizations; the Alzheimer’s Association, the Parkinson’s Foundation, Journey On, and Americans for Suicide Prevention. - [Corporate Central Gears Up for 2024 with Economic Outlook Conference Featuring Four Distinguished Presenters](https://thecreditunionconnection.com/corporate-central-gears-up-for-2024/): Corporate Central is proud to announce the successful conclusion of its Economic Outlook Conference! - [Affinity Federal Credit Union Partners With Green Check To Expand Cannabis Banking Offerings](https://thecreditunionconnection.com/affinity-federal-credit-union-partners-with-green-check-to-expand-cannabis-banking-offerings/): Affinity Federal Credit Union (“Affinity”) announces its partnership with Green Check, the leading fintech connector and… - [WeStreet Credit Union Launches Crypto Portal](https://thecreditunionconnection.com/westreet-credit-union-launches-crypto-portal/): In an exciting new venture, WeStreet Credit Union has announced a new Crypto Portal for users to buy, sell and… - [CUNA, NAFCU, Virginia Credit Union League Join Amicus Brief for 4th Circuit Appeals Case, Studco Buildings Systems v. 1st Advantage Federal Credit Union](https://thecreditunionconnection.com/cuna-nafcu-virginia-credit-union-league-join-amicus-brief-for-4th-circuit-appeals-case-studco-buildings-systems-v-1st-advantage-federal-credit-union/): The Credit Union National Association (CUNA), the National Association of Federally-Insured Credit Unions… - [Kredit Academy Wins $1M Investment in 43North Start Up Competition](https://thecreditunionconnection.com/kredit-academy-wins-1m-investment-in-43north-start-up-competition/): Introducing the world’s first credit card emphasizing education over swipes Kredit Academy, the world’s ‘first’ credit card for the next generation emphasizing education over spend, won $1 million in the 43North start up competition. 43North is a startup program sponsored by Empire State Development that invests $5M annually into seed-stage startups. The startup also received the People’s Choice Award for another $25,000. “We are very excited and appreciate 43North’s recognition of the need for Kredit Academy and the validity of our platform,” Kredit Academy Founder Evan Leaphart explained. “We founded Kiddie Kredit to help kids understand credit in a way […] - [NCR Voyix Corporation Debuts Following the Spin-off of ATM-focused Business](https://thecreditunionconnection.com/ncr-voyix-corporation-debuts-following-the-spin-off-of-atm-focused-business/): NCR Voyix Corporation a global provider of digital commerce solutions for the retail, restaurant and banking… - [myCUmortgage, Constellation Digital Partners, Aequilibrium Software Join CUNA as Associate Business Members](https://thecreditunionconnection.com/mycumortgage-constellation-digital-partners-aequilibrium-software-join-cuna-as-associate-business-members/): In an era where navigating the legislative landscape has become increasingly complex for businesses… - [Glory and Kinective Collaborate to Certify Core Integration for GLR-100 Teller Cash Recycler](https://thecreditunionconnection.com/glory-and-kinective-collaborate-to-certify-core-integration-for-glr-100-teller-cash-recycler/): Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, and… - [New Business Intelligence Solution Gives Financial Institutions Automated, Direct Access to Structured MeridianLink Origination Data](https://thecreditunionconnection.com/new-business-intelligence-solution-gives-financial-institutions-automated-direct-access-to-structured-meridianlink-origination-data/): MeridianLink, Inc. today announced the availability of MeridianLink® Data Connect. The offering enables financial… - [Wescom Credit Union Announces Strategic NIL Partnership with Members of the Entire UCLA Women’s Basketball Team](https://thecreditunionconnection.com/wescom-credit-union-announces-strategic-nil-partnership-with-members-of-the-entire-ucla-womens-basketball-team/): California-based Wescom Credit Union today announced its Name, Image and Likeness (NIL) partnership with… - [CUES Set to Honor Award Winners, Hall of Fame Inductees and International CU Day](https://thecreditunionconnection.com/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… - [PSCU Payments Index: October 2023 Edition: Discretionary Spending](https://thecreditunionconnection.com/pscu-payments-index-october-2023-edition-discretionary-spending/): Today, PSCU published the October edition of the PSCU Payments Index, the goal of which is to provide… - [Mahalo Banking Launches Industry’s First Solution to Fully Prevent Credit Union Credential Stuffing Attacks](https://thecreditunionconnection.com/mahalo-banking-launches-industrys-first-solution-to-fully-preventcredit-union-credential-stuffing-attacks/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has launched its… - [Catalyst Corporate Federal Credit Union Offers Cutting-Edge Remote Deposit Capture Capabilities Through Constellation’s Digital Banking Platform](https://thecreditunionconnection.com/catalyst-corporate-federal-credit-union-offers-cutting-edge-remote-deposit-capture-capabilities-through-constellations-digital-banking-platform/): Cloud-native digital banking services provider Constellation Digital Partners(Constellation) announced… - [‘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](https://thecreditunionconnection.com/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. - [Coastal Credit Union Foundation Awards 11 New Grants to Local Nonprofits](https://thecreditunionconnection.com/coastal-credit-union-foundation-awards-11-new-grants-to-local-nonprofits/): Coastal Credit Union Foundation announced today that it has awarded $230,300 to 11 nonprofits in North Carolina. - [MDT Launches Project Management Consulting Services for Credit Unions](https://thecreditunionconnection.com/mdt-launches-project-management-consulting-services-for-credit-unions/): MDT supports credit unions with staff augmentation and project management expertise - [Cotribute Implements Clients as a Member of the Jack Henry™ Vendor Integration Program](https://thecreditunionconnection.com/cotribute-implements-clients-as-a-member-of-the-jack-henry-vendor-integration-program/): Cotribute Joins the Jack Henry™ Vendor Integration Program! - [Epic River Wins TrueSpace’s 2023 Alignment Award](https://thecreditunionconnection.com/epic-river-wins-truespaces-2023-alignment-award/): Epic River has been named the recipient of the 2023 Alignment Award by TrueSpace. - [Bay Federal Credit Union Continues to Make Environmental Impact by Raising Over $6,700 for Local Non-Profit Foundation](https://thecreditunionconnection.com/bay-federal-credit-union-continues-to-make-environmental-impact-by-raising-over-6700-for-local-non-profit-foundation/): Bay Federal Credit Union raised $6,735 for the Monterey Bay National Marine Sanctuary Foundation during an… - [Golden 1 Credit Union Named in Fast Company’s Third Annual List of Brands That Matter](https://thecreditunionconnection.com/golden-1-credit-union-named-in-fast-companys-third-annual-list-of-brands-that-matter/): Golden 1 Credit Union (Golden 1) is pleased to announce it has been named to Fast Company’s 2023 list of… - [5 Things You Need to Know About the FedNow Service](https://thecreditunionconnection.com/5-things-you-need-to-know-about-the-fednow-service/): Other countries around the world have had real-time payments for a number of years with great success. FedNow enables the United States … - [Navy Federal Investment Services Announces New Partnership With Trust & Will](https://thecreditunionconnection.com/navy-federal-investment-services-announces-new-partnership-with-trust-amp-will/): Navy Federal Investment Services (NFIS), a subsidiary of Navy Federal Financial Group (NFFG), announces a new… - [CEO Coaching International Congratulates Client CBC Federal Credit Union for \'Best Credit Unions to Work For\' and \'Central Coast Best Places to Work\' Accolades](https://thecreditunionconnection.com/ceo-coaching-international-congratulates-client-cbc-federal-credit-union-for-best-credit-unions-to-work-for-and-central-coast-best-places-to-work-accolades/): CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs… - [TruWest Promotes Chris Kearney to President](https://thecreditunionconnection.com/truwest-promotes-chris-kearney-to-president/): TruWest® Credit Union announced the promotion of respected credit union leader, Chris Kearney to President. Kearney joined… - [iQ Credit Union Celebrates the 75th Anniversary of International Credit Union Day](https://thecreditunionconnection.com/iq-credit-union-celebrates-the-75th-anniversary-of-international-credit-union-day/): iQ Credit Union (iQ), a member-owned, modern-day financial institution based in the Pacific Northwest, joins over… - [Jack Henry Launches Next-Generation Financial Crimes Platform](https://thecreditunionconnection.com/jack-henry-launches-next-generation-financial-crimes-platform/): Jack Henry™ announced today that it is redefining fraudprevention with the initial roll out of Jack Henry Financial Crimes Defender™, a … - [Black Dragon Capital℠ to host several events at Money 20/20 and the California and Nevada Credit Union Leagues in Las Vegas](https://thecreditunionconnection.com/black-dragon-capital-to-host-several-events-at-money-2020-and-the-california-and-nevada-credit-union-leagues-in-las-vegas/): Black Dragon Capital℠ (\"BDC,\" \"Black Dragon\"), a multi-phased investment firm focused on advanced technologies in - [Colorado Credit Unions Volunteering Together for International Credit Union Day](https://thecreditunionconnection.com/colorado-credit-unions-volunteering-together-for-international-credit-union-day/): The 75th anniversary of International Credit Union Day® will be celebrated on Thursday, October… - [Mazuma Credit Union’s Give Back Day is Bigger than Ever](https://thecreditunionconnection.com/mazuma-credit-unions-give-back-day-is-bigger-than-ever/): Mazuma Credit Union, which celebrates its 75th anniversary of serving Kansas City this year, held its 6th annual… - [Day Air Credit Union Awards Two $1,000 Scholarships to Area Students](https://thecreditunionconnection.com/day-air-credit-union-awards-two-1000-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… - [MDT and Jack Henry Extend Longstanding Partnership](https://thecreditunionconnection.com/mdt-and-jack-henry-extend-longstanding-partnership/): Member Driven Technologies (MDT) and Jack Henry™ today announced that they have extended their partnership, continuing… - [Register Now for DEI Tuesday Reception at NCUA’s DEI Summit](https://thecreditunionconnection.com/register-now-for-dei-tuesday-reception-at-ncuas-dei-summit/): The African-American Credit Union Coalition (AACUC), the CU DEI Collective, CU Pride, the Hawaiian Pacific Islanders Credit Union… - [Securityplus Federal Credit Union\'s Chief Financial Officer Honored with \'2023 Best in Finance: CFO Award\' by the Baltimore Business Journal](https://thecreditunionconnection.com/securityplus-federal-credit-unions-chief-financial-officer-honored-with-2023-best-in-finance-cfo-award-by-the-baltimore-business-journal/): Thad Egner, Chief Financial Officer of Securityplus Federal Credit Union, received the prestigious \'2023 Best in Finance… - [Redwood Credit Union Builds 418 Bikes for Kids - Inspiring Hope and Fulfilling Dreams](https://thecreditunionconnection.com/redwood-credit-union-builds-418-bikes-for-kids-inspiring-hope-and-fulfilling-dreams/): On Monday, October 9, 2023, Redwood Credit Union dedicated the day to positively impacting the communities it… - [PenAir\'s Snack Stock Initiative: Lifting Spirits, One Snack at a Time](https://thecreditunionconnection.com/penairs-snack-stock-initiative-lifting-spirits-one-snack-at-a-time/): Pen Air® Credit Union (PenAir) hosts Snack Stock, a community snack collection drive benefitting Ascension Sacred Heart Cancer… - [CCUA and CULCT Kick Off Annual APEX Conference at Mohegan Sun](https://thecreditunionconnection.com/ccua-and-culct-kick-off-annual-apex-conference-at-mohegan-sun/): The Cooperative Credit Union Association (CCUA) and the Credit Union League of Connecticut (CULCT) welcomed - [Fiserv and Plaid to Revolutionize Secure Data Sharing for Financial Institutions and Consumers](https://thecreditunionconnection.com/fiserv-and-plaid-to-revolutionize-secure-data-sharing-for-financial-institutions-and-consumers/): Fiserv, Inc. and Plaid, a data network at the forefront of the digital financial landscape, today announced an agreement to… - [The Knowlton Group, Visionary in Data Analytics for Credit Unions and Community Banks, Rebrands to Gemineye](https://thecreditunionconnection.com/the-knowlton-group-visionary-in-data-analytics-for-credit-unions-and-community-banks-rebrands-to-gemineye/): The Knowlton Group, a familiar face in the credit union data analytics and BI world, is thrilled to announce their new name… - [CFPB and Justice Department Issue Joint Statement Cautioning that Financial Institutions May Not Use Immigration Status to Illegally Discriminate Against Credit Applicants](https://thecreditunionconnection.com/cfpb-and-justice-department-issue-joint-statement-cautioning-that-financial-institutions-may-not-use-immigration-status-to-illegally-discriminate-against-credit-applicants/): The Consumer Financial Protection Bureau (CFPB) and Justice Department today issued a joint statement that reminds… - [IgniteFI Grows Team, Programs to Boost Fintech-Financial Institution Partnerships](https://thecreditunionconnection.com/ignitefi-grows-team-programs-to-boost-fintech-financial-institution-partnerships/): IgniteFI is excited to announce the launch of its Campfire Connect online community and SPARK Catalyst Initiative to… - [Q2 Announces New Executive Appointments](https://thecreditunionconnection.com/q2-announces-new-executive-appointments/): Q2 Holdings, Inc. today announced an expansion of its leadership team with the appointment of Himagiri Mukkamala as… - [LLCU COMPLETES ACQUISITION OF NOKOMIS SAVINGS BANK](https://thecreditunionconnection.com/llcu-completes-acquisition-of-nokomis-savings-bank/): LLCU of Decatur, IL, announced today the completion of its purchase and assumption transaction with Nokomis Savings… - [Incogni Research: 60% of Elder Fraud Scams Enabled by Personal Data Vulnerabilities](https://thecreditunionconnection.com/incogni-research-60-of-elder-fraud-scams-enabled-by-personal-data-vulnerabilities/): As information technology advances at a rapid pace, senior citizens are finding themselves increasingly vulnerable… - [Teresa Knox Tapped for Hartford Business Journal’s C-suite Award](https://thecreditunionconnection.com/teresa-knox-tapped-for-hartford-business-journals-c-suite-award/): American Eagle Financial Credit Union (American Eagle) salutes our Chief Operating Officer Teresa Knox, who has been - [Loyalty Rewards Boost Cross-Selling Opportunities](https://thecreditunionconnection.com/loyalty-rewards-boost-cross-selling-opportunities/): Cross-selling can significantly bolster your institution\'s bottom line by eliminating acquisition costs, increasing… - [BankSocial® Launches Open Banking Platform with The Hashgraph Association Investment](https://thecreditunionconnection.com/banksocial-launches-open-banking-platform-with-the-hashgraph-association-investment/): Fivancial Inc. today announced investment and a strategic relationship with The Hashgraph Association (THA), the Swiss-based… - [Nomination Period Opens for the 23rd Annual Citadel Heart of Learning Awards](https://thecreditunionconnection.com/nomination-period-opens-for-the-23rd-annual-citadel-heart-of-learning-awards/): Citadel Credit Union announced today the nomination period for its annual Citadel Heart of Learning Awards program… - [Inclusiv Releases New Impact Report Community Development Credit Unions: Financial Inclusion in Action](https://thecreditunionconnection.com/inclusiv-releases-new-impact-report-community-development-credit-unions-financial-inclusion-in-action/): Inclusiv has announced the release of: Community Development Credit Unions: Financial Inclusion in Action, a report… - [Swindled Swifties, P2P Fraud Lessons Learned From Hopeful Concertgoers  ](https://thecreditunionconnection.com/swindled-swifties-p2p-fraud-lessons-learned-from-hopeful-concertgoers-nbsp/): Meet the “Sister Swifties,” Lisa, Britney and Carla. As big-time, lifelong fans of the music sensation Taylor Swift, they donned… - [CUNA\'s Nussle Responds to Sen. Manchin\'s Decision Not to Seek Re-election](https://thecreditunionconnection.com/cunas-nussle-responds-to-sen-manchins-decision-not-to-seek-re-election/): Sen. Joe Manchin, D-W.V., announced Thursday he will not seek re-election. Manchin chairs the Senate Energy Committee and… - [VyStar Celebrates National Veterans and Military Families Month](https://thecreditunionconnection.com/vystar-celebrates-national-veterans-and-military-families-month/): VyStar is celebrating National Veterans and Military Families Month and Veterans Day by offering special product… - [GTE Financial Opens Members Submissions For Tenth Annual Make Hope Real Initiative, Gifting Holiday Wishlists To 5 Families](https://thecreditunionconnection.com/gte-financial-opens-members-submissions-for-tenth-annual-make-hope-real-initiative-gifting-holiday-wishlists-to-5-families/): As a not-for-profit credit union, GTE Financial is dedicated to prioritizing people over profits by giving back to the… - [Robins Financial Credit Union Donates $5,000 to Support Fragile Bee Exhibition](https://thecreditunionconnection.com/robins-financial-credit-union-donates-5000-to-support-fragile-bee-exhibition/): Robins Financial Credit Union is pleased to announce a donation of $5,000 to the Museum of Arts and Sciences to… - [New England Federal Credit Union Unveils Lumin Digital\'s Advanced Digital Banking Platform](https://thecreditunionconnection.com/new-england-federal-credit-union-unveils-lumin-digitals-advanced-digital-banking-platform/): Lumin Digital has officially launched a multi-year partnership with Vermont-based New England Federal Credit Union… - [Alkami and Plaid Partner to Provide Financial Institutions with Direct Access to Plaid via the Financial Data Exchange Aligned (FDX) API Core Exchange](https://thecreditunionconnection.com/alkami-and-plaid-partner-to-provide-financial-institutions-with-direct-access-to-plaid-via-the-financial-data-exchange-aligned-fdx-api-core-exchange/): Alkami Technology, Inc., announced today that it has enabled its financial institution clients to benefit from direct… - [Open Lending Joins CUNA as Associate Business Member to Champion the Credit Union Movement and Near-Prime Consumers](https://thecreditunionconnection.com/open-lending-joins-cuna-as-associate-business-member-to-champion-the-credit-union-movement-and-near-prime-consumers/): Open Lending Corporation, today announced it has joined the Credit Union National Association (CUNA) as an Associate… - [CUNA Releases October Economic Update](https://thecreditunionconnection.com/cuna-releases-october-economic-update/): CUNA Chief Economist Mike Schenk discusses loan delinquency trends in America in this month’s CUNA… - [One Year Since Launching Customer Intelligence, Total Expert Introduces Powerful New Credit Improvement and Equity Solutions for Financial Institutions](https://thecreditunionconnection.com/one-year-since-launching-customer-intelligence-total-expert-introduces-powerful-new-credit-improvement-and-equity-solutions-for-financial-institutions/): Total Expert, the customer engagement platform purpose-built for modern financial institutions, today announced new capabilities that… - [Workers Credit Union Names Bob Leger as Chief Financial Officer and Treasurer](https://thecreditunionconnection.com/workers-credit-union-names-bob-leger-as-chief-financial-officer-and-treasurer/): Workers Credit Union has named Bob Leger to the role of Chief Financial Officer and Treasurer. Leger previously served… - [Glia Ranked Number 225 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™](https://thecreditunionconnection.com/glia-ranked-number-225-fastest-growing-company-in-north-america-on-the-2023-deloitte-technology-fast-500/): Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automated… - [NCUA Charters Young Community Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-young-community-federal-credit-union/): The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to… - [Mazuma Credit Union Honored with Spirit of Philanthropy Award](https://thecreditunionconnection.com/mazuma-credit-union-honored-with-spirit-of-philanthropy-award/): At the Association of Fundraising Professionals – Kansas City Chapter (AFPKC) 2023 National Philanthropy Day event… - [Summit Credit Union Celebrating 10th Cash Boomerang ](https://thecreditunionconnection.com/summit-credit-union-celebrating-10thnbspcash-boomerangnbsp/): Summit Credit Union announced an annual patronage dividend, called Cash Boomerang, of $2.66 million to its… - [CFPB Orders Citi to Pay $25.9 Million for Intentional, Illegal Discrimination Against Armenian Americans](https://thecreditunionconnection.com/cfpb-orders-citi-to-pay-259-million-for-intentional-illegal-discrimination-against-armenian-americans/): Today, the Consumer Financial Protection Bureau (CFPB) ordered Citi to pay $25.9 million in fines and consumer… - [Southwest Montana Community Federal Credit Union Appoints Teri Krakowka as President/CEO](https://thecreditunionconnection.com/southwest-montana-community-federal-credit-union-appoints-teri-krakowka-as-presidentceo/): The Board of Directors of Southwest Montana Community Federal Credit Union is pleased to announce the selection… - [While Feds Hold Steady on Interest Rates, Top Certificate Rates Soar Says Alliant Credit Union](https://thecreditunionconnection.com/while-feds-hold-steady-on-interest-rates-top-certificate-rates-soar-says-alliant-credit-union/): With the recent announcement of an unchanged interest rate by the Federal Reserve coupled with a rate of… - [Eltropy Announces Integration with Portico from Fiserv for Enhanced Credit Union Member Engagement](https://thecreditunionconnection.com/eltropy-announces-integration-with-portico-from-fiserv-for-enhanced-credit-union-member-engagement/): Eltropy today announced its integration with Portico® from Fiserv, a full-service account processing… - [NAFCU Services Announces 2023 Innovation Award Winners](https://thecreditunionconnection.com/nafcu-services-announces-2023-innovation-award-winners/): NAFCU Services has named the winners of their 2023 Innovation Awards . The awards program recognizes companies… - [CFPB Proposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps](https://thecreditunionconnection.com/cfpb-proposes-new-federal-oversight-of-big-tech-companies-and-other-providers-of-digital-wallets-and-payment-apps/): CFPB is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. - [Robins Financial Credit Union Grants Wishes of Local Teachers](https://thecreditunionconnection.com/robins-financial-credit-union-grants-wishes-of-local-teachers/): Robins Financial Credit Union shows their support to local teachers by “granting” their classroom wish lists through their 2nd Annual GRANTED Program. - [Ecority Poised to Help Credit Unions Become Nationwide Leaders in Green Lending with $14B+ Grant Application](https://thecreditunionconnection.com/ecority-poised-to-help-credit-unions-become-nationwide-leaders-in-green-lending-with-14b-grant-application/): Ecority applied to the $27B EPA-administered Greenhouse Gas Reduction Fund. - [Maine Solutions Federal Credit Union Renews with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/maine-solutions-federal-credit-union-renews-with-synergent-to-host-jack-henrys-symitar-core-processing-solution/): Synergent® is pleased to announce that Maine Solutions Federal Credit Union has signed a new ten-year agreement - [How PSECU Leads the “Digital-First\" Movement ](https://thecreditunionconnection.com/how-psecu-leads-the-digital-first-movementnbsp/): Digital banking has been at the core of how PSECU functions since they launched PSECU-at-home in 1995 - [Sandia Laboratory Federal Credit Union Celebrates 75th Anniversary](https://thecreditunionconnection.com/sandia-laboratory-federal-credit-union-celebrates-75th-anniversary/): From its humble beginnings 75 years ago Sandia Laboratory Federal Credit Union (SLFCU) has grown into New Mexico’s second-largest credit union! - [7 Ways Credit Unions Can Make the Most of AI](https://thecreditunionconnection.com/7-ways-credit-unions-can-make-the-most-of-ai/): The capability of AI continues to evolve at a rapid pace, with organizations finding creative and low-cost ways to… - [SDCCU Honored Among San Diego Business Journal’s 2023 Cybersecurity Stewardship Award Winners](https://thecreditunionconnection.com/sdccu-honored-among-san-diego-business-journals-2023-cybersecurity-stewardship-award-winners/): SDCCU has been selected among San Diego Business Journal’s 2023 Cybersecurity Stewardship Award winners! - [Trellance Partners with Filene to Research the Credit Union of the Future](https://thecreditunionconnection.com/trellance-partners-with-filene-to-research-the-credit-union-of-the-future/): Trellance, a leading technology partner providing innovative analytics, cloud and talent solutions to credit unions, has… - [Fintech Quavo Enhances Automation of Payment Disputes](https://thecreditunionconnection.com/fintech-quavo-enhances-automation-of-payment-disputes/): Quavo, Inc. announced enhanced automation of RTP (real-time payments), Zelle, and BillPay claims throughout the… - [Polly and MeridianLink Partner to Help Mortgage Lenders Improve Scale and Profitability in Today’s Market](https://thecreditunionconnection.com/polly-and-meridianlink-partner-to-help-mortgage-lenders-improve-scale-and-profitability-in-todays-market/): Polly, a leading provider of innovative mortgage capital markets technology, announces bi-directional integration with… - [NCUA Awards $400,000 in CDRLF Pilot Grants](https://thecreditunionconnection.com/ncua-awards-400000-in-cdrlf-pilot-grants/): The National Credit Union Administration has awarded $400,000 in Community Development Revolving Loan Fund,,, - [Kasasa, Charlie Rocket, and Community Banks and Credit Unions Nationwide Exceed 300,000 Acts of Kindness During Best Day Ever Event](https://thecreditunionconnection.com/kasasa-charlie-rocket-and-community-banks-and-credit-unions-nationwide-exceed-300000-acts-of-kindness-during-best-day-ever-event/): Kasasa, which offers free reward checking accounts that have paid nearly $3 billion in rewards exclusively through… - [NYMBUS® Chooses DataVisor to Provide Next-Gen Digital Banking Fraud Solutions to its Customers](https://thecreditunionconnection.com/nymbus-chooses-datavisor-to-provide-next-gen-digital-banking-fraud-solutions-to-its-customers/): DataVisor is pleased to announce that it has been selected by NYMBUS® to provide comprehensive fraud… - [Rock Valley Credit Union Implements Mahalo Banking Platform to Deliver Omnichannel Digital Experience](https://thecreditunionconnection.com/rock-valley-credit-union-implements-mahalo-banking-platform-to-deliver-omnichannel-digital-experience/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, has launched its digital banking… - [TVCC and Texas Trust Hold Signing Ceremony for Future Scholarships](https://thecreditunionconnection.com/tvcc-and-texas-trust-hold-signing-ceremony-for-future-scholarships/): Texas Trust Gives Foundation Pledges $10,000 for Liberal Arts and Welding Scholarships - [PenFed Credit Union Named Best Overall Credit Union of 2023-2024 by Money](https://thecreditunionconnection.com/penfed-credit-union-named-best-overall-credit-union-of-2023-2024-by-money/):  PenFed recognized for low fees, high dividend rates paid on deposit products and ease of joining. - [SECU’s Annual Statewide Toy Drive is Now Underway](https://thecreditunionconnection.com/secus-annual-statewide-toy-drive-is-now-underway/): State Employees’ Credit Union announced that its second annual statewide Toy Drive is officially underway! - [Open Lending Named Finalist for 2023 NAFCU Innovation Award](https://thecreditunionconnection.com/open-lending-named-finalist-for-2023-nafcu-innovation-award/): Recognized for empowering credit unions to expand automobile access through its newly enriched Lenders Protection™ program, Open Lending is named a finalist for 2023 NAFCU Innovation Award - [FORUM Wins First Place for Credit Union Philosophy in Action Award](https://thecreditunionconnection.com/forum-wins-first-place-for-credit-union-philosophy-in-action-award/): FORUM Credit Union is proud to announce winning first place for the Louise Herring Award for Credit Union Philosophy in Action in the $1 Billion+ asset size category in the Indiana statewide competition. - [Survey Highlights Banking Needs for Cannabis Operators in an Evolving Market](https://thecreditunionconnection.com/survey-highlights-banking-needs-for-cannabis-operators-in-an-evolving-market/): Today, Shield Compliance (www.shieldbanking.com), a leading compliance management platform for cannabis banking, released… - [PSCU and Co-op Solutions Announce Agreement to Combine](https://thecreditunionconnection.com/pscu-and-co-op-solutions-announce-agreement-to-combine/): PSCU and Co-op Solutions (“Co-op”), two leading credit union service organizations (CUSOs) and financial technology solutions providers… - [CUNA Responds to Bank Attack During Hearing on Military Financial Inclusion](https://thecreditunionconnection.com/cuna-responds-to-bank-attack-during-hearing-on-military-financial-inclusion/): Written testimony from the Association of Military Banks of America (AMBA) veered off the focus of the hearing to attack… - [Elevating Credit Union Leadership: Successful Conclusion of the 2023 C-Suite Summit](https://thecreditunionconnection.com/elevating-credit-union-leadershipsuccessful-conclusion-of-the-2023-c-suite-summit/): The highly anticipated 2023 C-Suite Summit just wrapped at Barnsley Resort in Adairsville, Georgia. This inaugural event… - [Comment Period Open on Simplification of Share Insurance Rules Proposed Rule](https://thecreditunionconnection.com/comment-period-open-on-simplification-of-share-insurance-rules-proposed-rule/): The comment period on a proposed rule that would simplify the NCUA’s share insurance regulations by establishing… - [KeyPoint Credit Union Honored with Community Impact Award](https://thecreditunionconnection.com/keypoint-credit-union-honored-with-community-impact-award/): KeyPoint Credit Union received the 2023 Community Impact Award from the Silicon Valley Business Journal at the… - [CFPB Issues New Report on State Community Reinvestment Laws](https://thecreditunionconnection.com/cfpb-issues-new-report-on-state-community-reinvestment-laws/): Today, the Consumer Financial Protection Bureau (CFPB) published a new analysis on state Community Reinvestment Act… - [NCUA’s Hood Lauds Growth of DEI Summit and Industry Progress](https://thecreditunionconnection.com/ncuas-hood-lauds-growth-of-dei-summit-and-industry-progress/): At the National Credit Union Administration’s 2023 Diversity, Equity, and Inclusion Summit, Board Member Rodney E. Hood… - [AACUL celebrates America’s Credit Unions](https://thecreditunionconnection.com/aacul-celebrates-americas-credit-unions/): The American Association of Credit Union Leagues (AACUL) congratulates the team at America’s Credit Unions as well as… - [USALLIANCE Becomes an Early Adopter of FedNow®](https://thecreditunionconnection.com/usalliance-becomes-an-early-adopter-of-fednow/): USAlliance Federal Credit Union (dba USALLIANCE Financial) announced today that the credit union is now… - [Members vote in favor of CUNA-NAFCU merger ](https://thecreditunionconnection.com/members-vote-in-favor-of-cuna-nafcu-mergernbsp/): AMERICA’S CREDIT UNIONS POSITIONED TO TRANSFORM INDUSTRY REPRESENTATION, STRATEGY CUNA CEO Jim Nussle, the future CEO of America’s Credit Unions, announced the overwhelming vote in favor of the CUNA-NAFCU merger in a letter to members. Here’s what it says: It’s official: Members of CUNA and NAFCU have voted overwhelmingly in favor of merging the two organizations and creating a single national trade association, “America’s Credit Unions.  Of those that voted, 94 percent of CUNA members and 86 percent of NAFCU members voted in favor of the merger. I want to thank you for being open and engaged throughout the merger […] - [Park Community Credit Union names Jana Erny President/CEO](https://thecreditunionconnection.com/park-community-credit-union-names-jana-erny-presidentceo/): The Board of Directors for Park Community Credit Union in Louisville, KY, today announced the appointment… - [Hawaii State FCU Unveils Industry-Leading Cash Back Credit Card](https://thecreditunionconnection.com/hawaii-state-fcu-unveils-industry-leading-cash-back-credit-card/): With the high cost of living and rising interest rates affecting households across Hawaii, Hawaii State Federal… - [ValleyStar Credit Union hosts National Site Selection Consultants in the Roanoke Region](https://thecreditunionconnection.com/valleystar-credit-union-hostsnational-site-selection-consultants-in-the-roanoke-region/): ValleyStar Credit Union was pleased to host five nationally recognized site selection consultants at the ValleyStar… - [Centra Recognized With Statewide Awards From the Indiana Credit Union League](https://thecreditunionconnection.com/centra-recognized-with-statewide-awards-from-the-indianacredit-union-league/): Centra Credit Union was recognized for two statewide awards for philanthropic efforts and financial education… - [Glia Launches New AI Tools for Financial Institutions](https://thecreditunionconnection.com/glia-launches-new-ai-tools-for-financial-institutions/): Glia, the customer interaction leader unifying Digital Customer Service (DCS), phone and automation on a single… - [Chairman Harper Emphasizes Allyship to Achieve DEI Goals](https://thecreditunionconnection.com/chairman-harper-emphasizes-allyship-to-achieve-dei-goals/): National Credit Union Administration Chairman Todd M. Harper emphasized the power of allyship to achieve diversity… - [Best Innovation Group Celebrates a Decade of Moving the Credit Union Industry Forward Through Innovation](https://thecreditunionconnection.com/best-innovation-group-celebrates-a-decade-of-moving-the-credit-union-industry-forward-through-innovation/): Best Innovation Group (BIG), a leader in credit union innovation, is celebrating its 10th anniversary this year… - [LEVERAGE Partners with Ranqx to Revolutionize Small Business Lending for Credit Unions](https://thecreditunionconnection.com/leverage-partners-with-ranqx-to-revolutionize-small-business-lending-for-credit-unions/): Small and medium-sized businesses (SMBs) form the cornerstone of our economy, yet they often grapple with… - [Kitsap Credit Union donates $66,000 to Backpack Kids programs](https://thecreditunionconnection.com/kitsap-credit-union-donates-66000-to-backpack-kids-programs/): On September 26, 2023, Kitsap Credit Union presented check donations totaling $66,000 to 11 local Backpack for Kids… - [Enhancing the Member Experience Starts With Your Technology](https://thecreditunionconnection.com/enhancing-the-member-experience-starts-with-your-technology/): Credit unions are highly regarded for their personalized, member-centric service. But despite these high-touch… - [First Tech Federal Credit Union Appoints Jeff Prelle to Chief Risk Officer](https://thecreditunionconnection.com/first-tech-federal-credit-union-appoints-jeff-prelle-to-chief-risk-officer/): First Tech Federal Credit Union, the nation\'s ninth-largest credit union, announced the appointment of Jeff… - [CUNA\'s Nussle Responds to Rep. Blumenauer\'s Decision Not to Seek Re-election](https://thecreditunionconnection.com/cunas-nussle-responds-to-rep-blumenauers-decision-not-to-seek-re-election/): Rep. Earl Blumenauer, D-Ore., announced he will not seek re-election in 2024. Blumenauer has served in Congress since 1996, and has supported numerous credit union priorities during his career.   - [Q2 Helps Hoosier Hills Credit Union Drive 100 Percent Growth in Deposits and Triple its Small Business and Commercial Accounts](https://thecreditunionconnection.com/q2-helps-hoosier-hills-credit-union-drive-100-percent-growth-in-deposits-and-triple-its-small-business-and-commercial-accounts/): Hoosier Hills Credit Union expands its reach in rural and under-served communities by providing a modern digital banking experience with Q2 partnership - [Global Credit Union Membership Surpasses 400 million](https://thecreditunionconnection.com/global-credit-union-membership-surpasses-400-million/): WOCCU 2022 Statistical Report shows the global credit union movement soared past another milestone last year as worldwide membership topped 400 million. - [Global Credit Union Foundation Golf Tournament raises $50,000 for Inland Northwest nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-50000-for-inland-northwest-nonprofits/): Global Credit Union Foundation volunteers present $25,000 to Newby-ginnings and $25,000 to Big Brother Big Sisters Inland Northwest. - [Royal Credit Union Kicks Off Giving Never Melts Away Annual Toy Drive on November 1](https://thecreditunionconnection.com/royal-credit-union-kicks-off-giving-never-melts-away-annual-toy-drive-on-november-1/): Royal Credit Union and The Salvation Army have partnered again to present Giving Never Melts Away, Royal’s annual toy drive! - [encurage financial network Selects Upstart for Personal Lending](https://thecreditunionconnection.com/encurage-financial-network-selects-upstart-for-personal-lending/): The encurage financial network today announced its partnership with Upstart - [Generations FCU Launches BNPL on Debit Cards to Elevate Member Experience](https://thecreditunionconnection.com/generations-fcu-launches-bnpl-on-debit-cards-to-elevate-member-experience/): Generations FCU announced that it is adding GEN Pay, its branded Buy Now Pay Later, to its digital banking suite. - [SchoolsFirst Federal Credit Union Becomes Anchor Investor in Next Generation Banking Platform by Black Dragon Capital℠](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-becomes-anchor-investor-in-next-generation-banking-platform-by-black-dragon-capital/): SchoolsFirst Federal Credit Union has become the anchor investor for Open Banking Solutions, a cloud-based… - [VantageScore CreditGauge™ September 2023: Overall Delinquencies Increased to New 12-Month High Across All Days Past Due Categories](https://thecreditunionconnection.com/vantagescore-creditgauge-september-2023-overall-delinquencies-increased-to-new-12-month-high-across-all-days-past-due-categories/): Today, VantageScore released its September 2023 CreditGauge, a monthly analysis highlighting the… - [PSCU’s The Loan Service Center Partners with Millennium Capital and Recovery Corporation® to Expand Repossession Solutions](https://thecreditunionconnection.com/pscus-the-loan-service-center-partners-with-millennium-capital-and-recovery-corporation-to-expand-repossession-solutions/): The Loan Service Center (TLSC), a PSCU company, today announced its partnership with Millennium Capital and… - [Universal 1 Credit Union Expands Reach To Seven Counties](https://thecreditunionconnection.com/universal-1-credit-union-expands-reach-to-seven-counties/): Universal 1 Credit Union (U1) is excited to announce a significant expansion in membership throughout seven additional… - [Panhandle Credit Union Partners with MDT to Strengthen Member Service](https://thecreditunionconnection.com/panhandle-credit-union-partners-with-mdt-to-strengthen-member-service/): Member Driven Technologies(MDT) today announced that Panhandle Credit Union is partnering with them to host… - [Atomic’s Tori Bandley Talks Open Banking and All New PayLink](https://thecreditunionconnection.com/open-banking-atomic-paylink-tori-bandley/): As open banking is making its mark on financial institutions around the world, The Credit Union Connection sat down with Tori Bandley, product manager at Atomic, to talk about open banking, how credit union should be thinking about it and Atomic’s new offering, PayLink. The US will not be too far behind in adopting open banking. In fact the director of the Consumer Financial Protection Bureau has issued a proposed rule on personal financial data rights, which CUNA has expressed concerns about. The rule outlines the requirements for credit unions and other financial services providers to share certain consumer financial […] - [Leigh Lewis Receives Eglin Federal Credit Union\'s 5-Star Employee Award for the 3rd Quarter](https://thecreditunionconnection.com/leigh-lewis-receives-eglin-federal-credit-unions-5-star-employee-award-for-the-3rd-quarter/): Eglin Federal Credit Union announced Navarre Member Service Counselor Leigh Lewis has been selected as the 5-Star Performer for the third quarter of 2023 - [AACUL announces new Executive Board](https://thecreditunionconnection.com/aacul-announces-new-executive-board/): The American Association of Credit Union Leagues (AACUL) elected its next Executive Board. League Presidents reelected… - [Brett Martinez Named 2023 California Advocate of the Year](https://thecreditunionconnection.com/brett-martinez-named-2023-california-advocate-of-the-year/): Brett Martinez, president and CEO of Redwood Credit Union, has been named 2023 California Advocate of the Year by the California and Nevada Credit Union Leagues - [BECU Appoints Raquel Karls as Chief People Officer](https://thecreditunionconnection.com/becu-appoints-raquel-karls-as-chief-people-officer-1/): BECU welcomes experienced human resources leader to executive team! - [OTIS Federal Credit Union Hosts Financial Fitness Fairs at Spruce Mountain High School](https://thecreditunionconnection.com/otis-federal-credit-union-hosts-financial-fitness-fairs-at-spruce-mountain-high-school/): OTIS Federal Credit Union hosted two Financial Fitness Fairs during the month of October for the… - [Greater Iowa Credit Union Celebrates the Success of Small-Dollar Loan Program](https://thecreditunionconnection.com/greater-iowa-credit-union-celebrates-the-success-of-small-dollar-loan-program/): Greater Iowa Credit Union (GICU) celebrates the success of its small-dollar loan in partnership with Iowa State University… - [AKUVO Plans Collections Community Conference](https://thecreditunionconnection.com/akuvo-plans-collections-community-conference/): AKUVO, a technology organization specializing in collections and credit risk, will host its first AKUVO Community… - [Coastal Credit Union Honored Among Greater Triangle Civic 50](https://thecreditunionconnection.com/coastal-credit-union-honored-among-greater-triangle-civic-50/): Activate Good and Points of Light recognized Coastal Credit Union, as one of the companies honored in the Greater Triangle’s first-ever Civic 50. - [CUNA Study Finds Women in Credit Union Leadership Lead the Pack](https://thecreditunionconnection.com/cuna-study-finds-women-in-credit-union-leadership-lead-the-pack/): The Credit Union National Association’s (CUNA) latest industry report reveals that the percentage of women in CEO… - [Robins Financial Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/robins-financial-credit-union-celebrates-international-credit-union-day/): Robins Financial Credit Union celebrated International Credit Union Day through volunteering and performing… - [United States Senate Federal Credit Union Remembers Herbert \"Bertie\" Bowman](https://thecreditunionconnection.com/united-states-senate-federal-credit-union-remembers-herbert-bertie-bowman/): For over six decades, Bertie Bowman bore witness to history\'s relentless march. From the poignant loss of… - [Unitus Community Credit Union Celebrates New Branch Opening with 10- Year-Old CEO](https://thecreditunionconnection.com/unitus-community-credit-union-celebrates-new-branch-opening-with-10-year-old-ceo/): Local student assumes CEO role at credit union’s new branch at Junior Achievement’s BizTown Unitus Community Credit Union proudly opened its newest branch today at Junior Achievement of Oregon and SW Washington’s BizTown in Southeast Portland. Leading the organization through the grand opening was 10-yearold Jayln, a 5th grade student at Columbia River Gorge Elementary School in Washougal, Washington. She served as the first Unitus CEO at the new JA BizTown branch. JA BizTown provides students with a unique opportunity to experience their personal financial futures firsthand. Within a simulated economy, students embark on the challenge of starting and running […] - [Garden Savings Federal Credit Union Joins Brad Hammond On The Lifelong Customer Podcast](https://thecreditunionconnection.com/garden-savings-federal-credit-union-joins-brad-hammond-on-the-lifelong-customer-podcast/): CEO of Garden Savings Federal Credit Union, recently sat down with the Host and CEO of Revenue Rhino, for a captivating conversation on The Lifelong Customer podcast. - [NCUA Posts 2024-2025 Proposed Budget, Sets November 16 Public Briefing](https://thecreditunionconnection.com/ncua-posts-2024-2025-proposed-budget-sets-november-16-public-briefing/): The National Credit Union Administration’s staff draft budget for 2024–2025 is now available on the agency’s… - [Coastal Credit Union Launches Early Pay, Cuts Go Green Transaction Requirements in Half](https://thecreditunionconnection.com/coastal-credit-union-launches-early-pay-cuts-go-green-transaction-requirements-in-half/): Coastal Credit Union has announced two new enhancements to its deposit products, designed to improve… - [Redwood Credit Union Donates More than $49,000 to Local Nonprofits for International Credit Union Day](https://thecreditunionconnection.com/redwood-credit-union-donates-more-than-49000-to-local-nonprofits-for-international-credit-union-day/): On October 19, Redwood Credit Union joined credit unions around the world in celebrating International Credit Union… - [Credit Union 1 Values Jack Henry\'s Commitment to the Future](https://thecreditunionconnection.com/credit-union-1-values-jack-henrys-commitment-to-the-future/): Jack Henry™ announced today that Credit Union 1 (CU1) now leverages the Symitar core processor. - [The Average Amount Financed for New and Used Vehicles Decreased in Q3 2023, Demonstrating a Positive Sign for Automotive Shoppers](https://thecreditunionconnection.com/the-average-amount-financed-for-new-and-used-vehicles-decreased-in-q3-2023-demonstrating-a-positive-sign-for-automotive-shoppers/): Experian report shows average monthly payments remain stable amid rising interest rates - [People\'s Credit Union Volunteers Lend a Creative Hand for Lucy\'s Hearth\'s Annual Wreath Sale Fundraiser Press Release](https://thecreditunionconnection.com/peoples-credit-union-volunteers-lend-a-creative-hand-for-lucys-hearths-annual-wreath-sale-fundraiser-press-release/): People’s Credit Union volunteers applied their creative skills at a Middletown branch workshop supporting Lucy\'s Hearth Designer Wreath Sale at Easton\'s Beach on December 2nd. - [Navy Federal Credit Union Renews Partnership with CUSO Financial Services](https://thecreditunionconnection.com/navy-federal-credit-union-renews-partnership-with-cuso-financial-services/): Navy Federal credit union signs multi-year agreement with CUSO Financial Services - [New Poll: Americans Of All Incomes Reliant on Credit Card Rewards During Holidays](https://thecreditunionconnection.com/new-poll-americans-of-all-incomes-reliant-on-credit-card-rewards-during-holidays/): The Electronic Payments Coalition released new polling data from Morning Consult indicating an overwhelming majority of U.S. credit cardholders across all income levels rely on credit card rewards during the holidays. - [Members Cooperative Credit Union Honors Kathlynn McConnell as a CU Builder](https://thecreditunionconnection.com/members-cooperative-credit-union-honors-kathlynn-mcconnell-as-a-cu-builder/): The Minnesota Credit Union Foundation (MnCUF) and Members Cooperative Credit Union celebrated the contributions… - [Sikorsky Credit Union Employees Donate Food to The Sterling House Food Pantry](https://thecreditunionconnection.com/sikorsky-credit-union-employees-donate-food-to-the-sterling-house-food-pantry/): Sikorsky Credit Union recently donated 220 food items to the Sterling House Food Pantry in… - [SDCCU President and CEO Teresa Campbell Honored with a 2023 Gold Stevie Award for Women in Business](https://thecreditunionconnection.com/sdccu-president-and-ceo-teresa-campbell-honored-with-a-2023-gold-stevie-award-for-women-in-business/): San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally owned financial institutions, is… - [Jack Henry Collaborates with Five Financial Institutions to Win 2023 WebAwards](https://thecreditunionconnection.com/jack-henry-collaborates-with-five-financial-institutions-to-win-2023-webawards/): Jack Henry™ announced receiving WebAwards with five financial institution clients collaboratively using its web hosting and… - [High Point Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/high-point-federal-credit-union-selects-upstart-for-personal-lending/): High Point Federal Credit Union, the second largest credit union in Western New York with over 20,000 members, has… - [Embold Credit Union Selects Li Jacobson as Chief Information Officer](https://thecreditunionconnection.com/embold-credit-union-selects-li-jacobson-as-chief-information-officer/): Embold Credit Union has selected Li Jacobson as its new Chief Information Officer. She was placed by DDJ Myers, the… - [Ukrainian Credit Union Stakeholders Learn Best Practices from Lithuanian Colleagues Amid Implementation of New Law](https://thecreditunionconnection.com/ukrainian-credit-union-stakeholders-learn-best-practices-from-lithuanian-colleagues-amid-implementation-of-new-law/): The USAID/World Council of Credit Unions (WOCCU) Credit for Agriculture Producers (CAP) Project last week helped… - [Glia Outlines Top 3 Trends for Financial Institutions for 2024](https://thecreditunionconnection.com/glia-outlines-top-3-trends-for-financial-institutions-for-2024/): Financial institutions continue to navigate an uncertain market while trying to generate new sources of deposits and… - [Tyfone Appoints Tom Shen, Santo Cannone, Laurent Desmangles to Board of Directors  ](https://thecreditunionconnection.com/tyfone-appoints-tom-shen-santo-cannone-laurent-desmangles-to-board-of-directorsnbspnbsp/): Tyfone today announced the appointment of Tom Shen, Santo Cannone and Laurent Desmangles to its Board of… - [Computerworld Names Jack Henry to 2024 List of Best Places to Work in IT](https://thecreditunionconnection.com/computerworld-names-jack-henry-to-2024-list-of-best-places-to-work-in-it/): Foundry\'s Computerworld announces Jack Henry™ as a 2024 Best Places to Work in IT. - [North Island Credit Union Provides $5,000 in Teacher Grants To Benefit Educators & Students Across San Diego County](https://thecreditunionconnection.com/north-island-credit-union-provides-5000-in-teacher-grants-to-benefit-educators-amp-students-across-san-diego-county-1/): School projects are receiving funding from North Island Credit Union through its Fall 2023 Teacher Grant program. - [Teachers Federal Credit Union Raises More Than $140,000 to Support American Cancer Society’s Making Strides Against Breast Cancer](https://thecreditunionconnection.com/teachers-federal-credit-union-raises-more-than-140000-to-support-american-cancer-societys-making-strides-against-breast-cancer/): Teachers Federal Credit Union (Teachers), one of the largest credit unions in the United States with $9.7 billion in assets and… - [Elan Credit Card Partners with VolCorp to Provide Credit Cards to Credit Unions](https://thecreditunionconnection.com/elan-credit-card-partners-with-volcorp-to-provide-credit-cards-to-credit-unions/): Elan Credit Card (Elan) and VolCorp have partnered to provide credit unions with an agent credit card program that… - [Topline Financial Credit Union Receives National Recognition for Adult Financial Education Efforts](https://thecreditunionconnection.com/topline-financial-credit-union-receives-national-recognition-for-adult-financial-education-efforts-1/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, was one of two… - [Global Credit Union Foundation Raises Funds for Local Food Banks](https://thecreditunionconnection.com/global-credit-union-foundation-raises-funds-for-local-food-banks/): Thanks to the generous donations of Global Credit Union members, the Global Credit Union Foundation’s 2023 Cash for Cans® donation drive raised more than $110,000 in the month of September.  Global Credit Union and the Foundation partnered for the fundraiser, with cash donations collected at neighborhood Global branches. The Foundation then distributed the funds to food banks and pantries in Alaska, Maricopa County in Arizona, the High Desert region of California, Idaho’s Kootenai County, and Washington State. “The Cash for Cans drive is a wonderful opportunity to work with members of the credit union and the community to help those […] - [NCUA Reinstates Civil Money Penalties for Late Call Report Filing](https://thecreditunionconnection.com/ncua-reinstates-civil-money-penalties-for-late-call-report-filing/): The National Credit Union Administration today announced that it will reinstate assessing civil money penalties for… - [Financial Center Partners with Mozel Sanders to Provide Scholarships and Bring Thanksgiving to Hungry Hoosiers](https://thecreditunionconnection.com/financial-center-partners-with-mozel-sanders-to-providescholarships-and-bring-thanksgiving-to-hungry-hoosiers/): For the 17th year, Financial Center First Credit Union partnered with the Mozel Sanders Foundation and WISH-TV to provide… - [UMassFive Employees Raise Over $18,000 for Local Non-Profits](https://thecreditunionconnection.com/umassfive-employees-raise-over-18000-for-local-non-profits/): UMassFive College Federal Credit Union (UMassFive) is proud to announce that its employees have raised over $18,000 for… - [Co-op Solutions Adds Automated Savings Platform Plinqit to Strategic Provider Program](https://thecreditunionconnection.com/co-op-solutions-adds-automated-savings-platform-plinqit-to-strategic-provider-program/): Co-op Solutions is partnering with fintech company Plinqit to help credit unions earn deposits while members increase… - [America First Credit Union Ranked Top SBA Credit Union Lender in the Nation for the Second Year](https://thecreditunionconnection.com/america-first-credit-union-ranked-top-sba-credit-union-lender-in-the-nation-for-the-second-year/): America First Credit Union (AFCU) ranks as the top Small Business Administration (SBA) credit union lender in the… - [First Tech Reinforces Philanthropic Commitment, Contributing $3.6M to Nonprofits in 2023](https://thecreditunionconnection.com/first-tech-reinforces-philanthropic-commitment-contributing-36m-to-nonprofits-in-2023/): First Tech Federal Credit Union, the nation\'s ninth-largest credit union, announced today in honor of Giving Tuesday that… - [BCU Named a Computerworld 2024 Best Places to Work in IT](https://thecreditunionconnection.com/bcu-named-a-computerworld-2024-best-places-to-work-in-it/): BCU has been recognized as no. 4 among small organizations in Foundry\'s Computerworld 2024 Best Places to Work in… - [Alliant Credit Union\'s Meredith Ritchie Named to List of Most Powerful Women in Credit Unions](https://thecreditunionconnection.com/alliant-credit-unions-meredith-ritchie-named-to-list-of-most-powerful-women-in-credit-unions/): Alliant Credit Union proudly announces that Meredith Ritchie, General Counsel, Chief Ethics and Government Affairs… - [Bay Federal Credit Union Receives $3.7 Million in Grant Funding to Support Low to Moderate Income Community Members](https://thecreditunionconnection.com/bay-federal-credit-union-receives-37-million-in-grant-funding-to-support-low-to-moderate-income-community-members/): Bay Federal Credit Union has announced that they received $3.7 million from the U.S. Department of the Treasury… - [Telcoe Federal Credit Union in Arkansas Commemorates 50 Years of Leadership Excellence with CEO and President](https://thecreditunionconnection.com/telcoe-federal-credit-union-in-arkansas-commemorates-50-years-of-leadership-excellence-with-ceo-and-president/): Telcoe Federal Credit Union proudly announces the remarkable milestone of Sarah Mosley, President and CEO, who is… - [Jack Henry & Associates Announces the Retirement of Stacey Zengel, President of Bank Solutions](https://thecreditunionconnection.com/jack-henry-amp-associates-announces-the-retirement-of-stacey-zengel-president-of-bank-solutions/): Jack Henry & Associates Inc.® announced today that Stacey Zengel, Senior Vice President and President of Jack Henry Bank… - [2023 CUNA National Award Winner Selected in Illinois: Revity Credit Union](https://thecreditunionconnection.com/2023-cuna-national-award-winner-selected-in-illinois-revity-credit-union/): Every year the Credit Union National Association, in partnership with state leagues, honors credit unions for their hard… - [Pittsford Federal Credit Union Chooses Corelation’s KeyStone to Elevate the Financial Success of their Members](https://thecreditunionconnection.com/pittsford-federal-credit-union-chooses-corelations-keystone-to-elevate-the-financial-success-of-their-members/): Following an extensive needs assessment, which identified several opportunities for improvement related to… - [BHFCU Staff-Led Giving Program Raises $3,600 in October](https://thecreditunionconnection.com/bhfcu-staff-led-giving-program-raises-3600-in-october/): Black Hills Federal Credit Union (BHFCU) believes it is imperative to support the passions of its staff. That’s why they… - [People\'s Credit Union Volunteers Team Up with the Newport Salvation Army for a Festive Community Thanksgiving Celebration](https://thecreditunionconnection.com/peoples-credit-union-volunteers-team-up-with-the-newportsalvation-army-for-a-festive-community-thanksgiving-celebration/): People’s Credit Union volunteers teamed up with the Newport Salvation Army on Saturday, November 18th for a… - [Join Reliant Credit Union in Giving Back to the Community](https://thecreditunionconnection.com/join-reliant-credit-union-in-giving-back-to-the-community/): This holiday season, Reliant Credit Union is spreading cheer by helping organizations throughout our community. Each… - [Navigating Digital Banking Conversions: Strategies and Considerations For Smooth Sailing](https://thecreditunionconnection.com/navigating-digital-banking-conversions-strategies-and-considerations-for-smooth-sailing/): Today, more and more credit unions are evaluating whether to convert their digital banking platforms. There could be a… - [TruWest Credit Union Donates $10,000 to The Marbridge Foundation](https://thecreditunionconnection.com/truwest-credit-union-donates-10000-to-the-marbridge-foundation/): TruWest® Credit Union donated $10,000 to The Marbridge Foundation in Manchaca, Texas. Marbridge is a nonprofit… - [Kinecta Federal Credit Union Aided 1,500 Families Through its 50th Food Drive](https://thecreditunionconnection.com/kinecta-federal-credit-union-aided-1500-families-through-its-50th-food-drive/): Kinecta Federal Credit Union was joined by Rep. Maxine Waters and community leader Dr. Alice \'Sweet Alice\' Harris on… - [PenFed Credit Union and Quattro Win 2023 MarCom Platinum and Gold Awards](https://thecreditunionconnection.com/penfed-credit-union-and-quattro-win-2023-marcom-platinum-and-gold-awards/): PenFed Credit Union and Quattro announced their work was selected for a platinum and gold award at the 2023 MarCom Awards! - [Coastal Credit Union Foundation Gives Three New Grants to North Carolina Nonprofits](https://thecreditunionconnection.com/coastal-credit-union-foundation-gives-three-new-grants-to-north-carolina-nonprofits/): The Coastal Credit Union Foundationannounced today that it has awarded $78,500 to three nonprofits in North Carolina… - [The Spirit of Giving: Genisys Credit Union donates turkeys for Lighthouse’s Thanks & Giving campaign](https://thecreditunionconnection.com/the-spirit-of-giving-genisys-credit-union-donates-turkeys-for-lighthouses-thanks-amp-giving-campaign/): Genisys Credit Union hosted a campaign with their employees to raise donations for Lighthouse’s annual Thanks &… - [Fall River Municipal CU Renews with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/fall-river-municipal-cu-renews-with-synergent-to-host-jack-henrys-symitar-core-processing-solution/): Synergent® is pleased to announce that Fall River Municipal Credit Union has signed a new ten-year agreement with… - [WOCCU Approves Membership of Second Brazilian Credit Union System](https://thecreditunionconnection.com/woccu-approves-membership-of-second-brazilian-credit-union-system/): World Council of Credit Unions (WOCCU) is pleased to announce the addition of SICOOB (Brazil), one of the largest… - [Eltropy Ranks No. 1 on Silicon Valley Business Journal’s Fastest Growing Private Companies List for 2023](https://thecreditunionconnection.com/eltropy-ranks-no-1-on-silicon-valley-business-journals-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… - [CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices](https://thecreditunionconnection.com/cfpb-student-debt/): Prehired will void all outstanding income share agreements, refund harmed borrowers, and permanently cease operations - [WEOKIE Federal Credit Union Partners with Homeland Grocery: Donating $7,000 Worth of Groceries to Local Shoppers](https://thecreditunionconnection.com/weokie-federal-credit-union-partners-with-homeland-grocery-donating-7000-worth-of-groceries-to-local-shoppers/): WEOKIE Federal Credit Union and Homeland Grocery announced a partnership that will result in local community members receiving $7,000 worth of groceries for free! - [People\'s Credit Union Partners with URI Women\'s Athletics for \'Inspiration & Activation Day\' at South County YMCA](https://thecreditunionconnection.com/peoples-credit-union-partners-with-uri-womens-athletics-for-inspiration-amp-activation-day-at-south-county-ymca/): Partnering with People’s Credit Union, URI Women\'s Athletes and South County YMCA participate in \'Inspiration and Activation Day\'. - [Franklin Mint Federal Credit Union Employees Make a Difference During Care Crew Volunteering Week](https://thecreditunionconnection.com/franklin-mint-federal-credit-union-employees-make-a-difference-during-care-crew-volunteering-week/): FMFCU Employees packed personal hygiene kits for the American Red Cross at the Credit Union’s Chadds Ford, PA headquarters. - [$30,100 Grant Provides Better Working and Living Conditions for Agricultural Credit Cooperatives of Turkey](https://thecreditunionconnection.com/30100-grant-provides-better-working-and-living-conditions-for-agricultural-credit-cooperatives-of-turkey/): Worldwide Foundation for Credit Unions provides grant for over 40 air conditioners for safer working and living environments - [Financial Center Launches Health Savings Hub](https://thecreditunionconnection.com/financial-center-launches-health-savings-hub/): Financial Center recently launched their Health Savings Hub, a custom developed platform crafted to provide employer partners a simplified Health Savings Account (HSA) management experience. - [BMA Banking Systems Selects Bankjoy as a Preferred Provider for Online & Mobile Banking](https://thecreditunionconnection.com/bma-banking-systems-selects-bankjoy-as-a-preferred-provider-for-online-amp-mobile-banking/): BMA will now offer Bankjoy’s end-to-end digital banking platform to its financial institution clients - [Co-op Solutions Takes Home ‘Fintech Company of the Year’ Honors](https://thecreditunionconnection.com/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… - [CFPB Orders Toyota Motor Credit to Pay $60 Million for Illegal Lending and Credit Reporting Misconduct](https://thecreditunionconnection.com/cfpb-orders-toyota-motor-credit-to-pay-60-million-for-illegal-lending-and-credit-reporting-misconduct/): The Consumer Financial Protection Bureau (CFPB) today ordered Toyota Motor Credit Corporation to pay $60 million… - [PSECU Opens New Financial Education Center Location at Lehigh University](https://thecreditunionconnection.com/psecu-opens-new-financial-education-center-location-at-lehigh-university/): On Thursday, November 16, 2023, PSECU cut the ribbon on their new location at Lehigh University. PSECU has had a location… - [No ‘Junk’ in Credit Union Overdraft Fees — Only Transparent Consumer Options](https://thecreditunionconnection.com/no-junk-in-credit-union-overdraft-fees-only-transparent-consumer-options/): In today’s discourse surrounding “junk fees,” it’s imperative to separate the sensational misconceptions surrounding… - [Does the resumption of student loan repayments impact your credit union’s Allowance for Credit Losses?](https://thecreditunionconnection.com/does-the-resumption-of-student-loan-repayments-impact-your-credit-unions-allowance-for-credit-losses/): That’s a question NCUA wants all federally insured credit unions to answer now that the COVID 19 forbearance period on… - [Indiana Members Credit Union Contributes $1,500 to Carmel High School](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-1500-to-carmel-high-school/): Indiana Members Credit Union recently presented a check for $1,500 to Carmel High School Athletics as part of an ongoing school spirit debit card program. - [Sandia Area To Match $25,000 in Donations For Hungry Families](https://thecreditunionconnection.com/sandia-area-face-hunger/): Sandia Area is partnering with Storehouse New Mexico for their annual FACE the Hunger campaign to feed hungry children in the community. - [Thanksgiving Cost Analysis: While Turkey & Gas Prices Dip, Alcohol, Dinner Roll & Canned Veggie Prices on the Rise](https://thecreditunionconnection.com/thanksgiving-cost-analysis-while-turkey-amp-gas-prices-dip-alcohol-dinner-roll-amp-canned-veggie-prices-on-the-rise/): Turkey prices lowest since 2021, but other rising costs could stretch holiday budgets, according to analysis by Alliant Credit Union - [North Island Credit Union Partners with USS Midway to Support On-Board STEM Education Programs](https://thecreditunionconnection.com/north-island-credit-union-partners-with-uss-midway-to-support-on-board-stem-education-programs/): North Island Credit Union has again partnered with USS Midway Museum, supporting its “No Child Left Ashore” scholarship fund to increase access to onboard programs for children from underserved communities. - [SchoolsFirst Federal Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-celebrates-international-credit-union-day/): SchoolsFirst Federal Credit Union celebrated the 75th anniversary of International Credit Union Day on Oct. 19 with events at four of its locations in California. - [CUNA Names 2023 CUNA Awards National Winners](https://thecreditunionconnection.com/cuna-names-2023-cuna-awards-national-winners/): CUNA National Awards Committee announced the 2023 recipients of the Dora Maxwell Social Responsibility Community Service Award, Louise Herring Philosophy-in-Action Member Service Award, and Desjardins Awards for Financial Education. - [The Tennessee Credit Union Selects Jason Redd as Director/Vice President of Internal Audit](https://thecreditunionconnection.com/the-tennessee-credit-union-selects-jason-redd-as-directorvice-president-of-internal-audit/): Tennessee Credit Union has selected Jason Redd to be its new Director/VP of Internal Audit! - [NCUA Issues Final Rule Making CUNA-sought Change to CDA Definition](https://thecreditunionconnection.com/ncua-issues-final-rule-making-cuna-sought-change-to-cda-definition/): The NCUA board approved a final rule expanding the definition of “qualified charity” credit unions can contribute to using… - [NCUA Board Approves Charitable Donation Accounts Final Rule](https://thecreditunionconnection.com/ncua-board-approves-charitable-donation-accounts-final-rule/): The National Credit Union Administration Board held its tenth open meeting of 2023 and approved a final rule that… - [GTE Financial Sets The Bar For Philanthropy In Tampa Bay, Wins TBBW\'s 2023 Philanthropist Of The Year Award](https://thecreditunionconnection.com/gte-financial-sets-the-bar-for-philanthropy-in-tampa-bay-wins-tbbws-2023-philanthropist-of-the-year-award/): Local not-for-profit credit union GTE Financial is proud to announce they won Philanthropist of the Year in the… - [CFPB Report Highlights Consumer Protection Issues in Medical Debt Collection](https://thecreditunionconnection.com/cfpb-report-highlights-consumer-protection-issues-in-medical-debt-collection/): Today, the Consumer Financial Protection Bureau (CFPB) issued a report highlighting the challenges American families… - [GWLN Opens Annual Scholarships for Women Leaders](https://thecreditunionconnection.com/gwln-opens-annual-scholarships-for-women-leaders/): The Global Women’s Leadership Network (GWLN), an initiative of the Worldwide Foundation for Credit Unions… - [Veritran Research Reveals Technology Implementation is Critical to Financial Institutions\' Success](https://thecreditunionconnection.com/veritran-research-reveals-technology-implementation-is-critical-to-financial-institutions-success/): As the banking industry continues to undergo significant changes amid the rapid evolution of technology, Payments and… - [BankSocial® Announces proposed DEFY Federal Credit Union at North American Blockchain Summit](https://thecreditunionconnection.com/banksocial-announces-proposed-defy-federal-credit-union-at-north-american-blockchain-summit/): BankSocial®, in collaboration with industry partners and advisors, today announces the proposed DEFY Federal Credit Union… - [First Sound Bank Shareholders Approve Acquisition by Harborstone Credit Union](https://thecreditunionconnection.com/first-sound-bank-shareholders-approve-acquisition-by-harborstone-credit-union/): First Sound Bank (OTCPK: FSWA) today announced that at a special meeting of shareholders held earlier today, its shareholders… - [Credit Unions First, Member Access Processing, Vanco Payments LLC Announced as Newest CUNA Associate Business Members](https://thecreditunionconnection.com/credit-unions-first-member-access-processing-vanco-payments-llc-announced-as-newest-cuna-associate-business-members/): Advocating on behalf of credit unions is at the heart of what CUNA does. With this in mind, CUNA announces the addition… - [Capitol CU Launches First BNPL from Financial Institutions in Central Texas](https://thecreditunionconnection.com/capitol-cu-launches-first-bnpl-from-financial-institutions-in-central-texas/): Capitol Credit Union (Capitol CU), a $202 million asset credit union headquartered in Austin, announced that it is… - [Plinqit Partners with Bankjoy to Help Financial Institutions Grow Deposits & Promote Healthy Savings Habits](https://thecreditunionconnection.com/plinqit-partners-with-bankjoy-to-help-financial-institutions-grow-deposits-amp-promote-healthy-savings-habits/): Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual… - [Credit Union Industry Leader, TruStage™, Spearheads Strategic Transaction to Propel Fintech Happy Money Forward](https://thecreditunionconnection.com/credit-union-industry-leader-trustage-spearheads-strategic-transaction-to-propel-fintech-happy-money-forward/): Backing from TruStage™ Ventures and other investors will advance Happy Money\'s mission of happier lending and accelerate… - [REGIONAL Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/regional-federal-credit-union-selects-upstart-for-personal-lending/): REGIONAL federal credit union, a community-based credit union focused on serving Lake and Porter counties, has announced… - [Hawaii Community Federal Credit Union Selects Scienaptic AI to Revolutionize Credit Underwriting](https://thecreditunionconnection.com/hawaii-community-federal-credit-union-selects-scienaptic-ai-to-revolutionize-credit-underwriting/): Scienaptic AI announced today that Hawaii Community Federal Credit Union (HCFCU) has chosen to implement its AI-powered… - [November 2023 Edition: A Deep Dive into Holiday Spending - Part I](https://thecreditunionconnection.com/november-2023-edition-a-deep-dive-into-holiday-spending-part-i/): Today, PSCU published the November edition of the PSCU Payments Index, the goal of which is to provide information and… - [Two Suncoast Credit Union Executives Named‘ Most Powerful Women in Credit Unions’](https://thecreditunionconnection.com/two-suncoast-credit-union-executives-named-most-powerful-women-in-credit-unions/): Two executives at Suncoast Credit Union, Florida’s largest credit union, have been named as “The Most Powerful Women in… - [American Banker Names SECU’s Leigh Brady Among Its 2023 Most Powerful Women in Credit Unions  ](https://thecreditunionconnection.com/american-banker-names-secus-leigh-brady-among-its-2023-most-powerful-women-in-credit-unionsnbspnbsp/): American Banker announced today the naming of Leigh Brady, State Employees’ Credit Union (SECU) president and CEO, to… - [Contactless ATM Visits Added to Growing List of Digital Banking Experiences Offered by Co-op Solutions](https://thecreditunionconnection.com/contactless-atm-visits-added-to-growing-listnbspof-digital-banking-experiences-offered-by-co-op-solutions/): Consumers who have grown accustomed to tapping their debit and credit cards at the point of sale will soon be empowered to… - [PSECU Partners with Greenlight to Help Members Raise Financially Smart Kids](https://thecreditunionconnection.com/psecu-partners-with-greenlight-to-help-members-raise-financially-smart-kids/): PSECU is putting financial education tools directly into the hands of its youngest members with help from their… - [The 4 steps you need for your 2024 Credit Union Marketing Plan](https://thecreditunionconnection.com/the-4-steps-you-need-for-your-2024-credit-union-marketing-plan/): We get it – navigating the world of Credit Union marketing can be like… - [From Combat to Cultivation: The PenFed Foundation Awards $50,000 Grant to Veterans\' Farming Program](https://thecreditunionconnection.com/from-combat-to-cultivation-the-penfed-foundation-awards-50000-grant-to-veterans-farming-program/): PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union is helping veterans plant a legacy through… - [CUNA Economics: Inflation Cools Down in October](https://thecreditunionconnection.com/cuna-economics-inflation-cools-down-in-october/): Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in… - [Service One Credit Union Donates to Scottsville Skate Park](https://thecreditunionconnection.com/service-one-credit-union-donates-to-scottsville-skate-park/): Service One Credit Union is pleased to announce a donation of $5,300 to the City of Scottsville, KY for the construction of… - [Kasasa Partners with Magwitch to Enhance Lending Options for Community Financial Institutions Nationwide](https://thecreditunionconnection.com/kasasa-partners-with-magwitch-to-enhance-lending-options-for-community-financial-institutions-nationwide/): Kasasa has announced it is partnering with Magwitch, a LaaS (Lending as a Service) platform providing a holistic suite of… - [Unitus Community Credit Union\'s Corlinda Wooden Named One of the Most Powerful Women in Credit Unions](https://thecreditunionconnection.com/unitus-community-credit-unions-corlinda-wooden-named-one-of-the-most-powerful-women-in-credit-unions/): Unitus Community Credit Union SVP/Chief Retail Officer, Corlinda Wooden, has been named one of the Most Powerful Women in… - [NCUA Chairman Harper Testifies Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs](https://thecreditunionconnection.com/ncua-chairman-harper-testifies-before-the-us-senate-committee-on-banking-housing-and-urban-affairs/): National Credit Union Administration Chairman Todd M. Harper and other financial regulatory agency principals testified… - [Clearview Federal Credit Union to Unveil Modernized Rebrand](https://thecreditunionconnection.com/clearview-federal-credit-union-to-unveil-modernized-rebrand/): Clearview Federal Credit Union, a leading financial institution serving Southwestern Pennsylvania for more than… - [Illinois Advocates Enjoy Successful Hike the Hill Day](https://thecreditunionconnection.com/illinois-advocates-enjoy-successful-hike-the-hill-day/): The Illinois Credit Union League (ICUL) hosted a productive Hike the Hill event on Wednesday, November 8, 2023. The… - [SchoolsFirst FCU Sponsors Sacramento State Athletics](https://thecreditunionconnection.com/schoolsfirst-fcu-sponsors-sacramento-state-athletics/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced… - [Nymbus Launches Personal Onboarding Concierge for Enhanced Account-Opening Experience](https://thecreditunionconnection.com/nymbus-launches-personal-onboarding-concierge-for-enhanced-account-opening-experience/): NYMBUS® is proud to announce the launch of its Personal Onboarding Concierge service. This new offering – which… - [MDT Appoints New Executive Leadership Positions](https://thecreditunionconnection.com/mdt-appoints-new-executive-leadership-positions/): Member Driven Technologies (MDT) has added to its C-suite, appointing Dan Schneider as Chief Project Officer and… - [Maine Credit Unions Launch Holiday Meals for Mainers Fundraiser](https://thecreditunionconnection.com/maine-credit-unions-launch-holiday-meals-for-mainers-fundraiser/): To help make the holiday season brighter for food insecure residents across the state, Maine Credit Unions’ Campaign for… - [Suncoast Credit Union Announces ‘Magic Buckets For Schools’ with Osceola Magic](https://thecreditunionconnection.com/suncoast-credit-union-announces-magic-buckets-for-schools-with-osceola-magic/): Suncoast Credit Union, the largest credit union in Florida, announces a new partnership with the Osceola Magic and the… - [Solarity & Yakima Federal welcome Washington state legislators to discuss community empowerment through responsible financial practices](https://thecreditunionconnection.com/solarity-amp-yakima-federal-welcome-washington-state-legislators-to-discuss-community-empowerment-through-responsible-financial-practices/): Solarity Credit Union and Yakima Federal Savings & Loan Association had the privilege of hosting members from… - [Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans](https://thecreditunionconnection.com/agencies-announce-dollar-thresholds-for-smaller-loan-exemption-from-appraisal-requirements-for-higher-priced-mortgage-loans/): The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency… - [Agencies Announce Dollar Thresholds for Applicability of Truth in Lending and Consumer Leasing Rules for Consumer Credit and Lease Transactions](https://thecreditunionconnection.com/agencies-announce-dollar-thresholds-for-applicability-of-truth-in-lending-and-consumer-leasing-rules-for-consumer-credit-and-lease-transactions/): The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to… - [Verity Credit Union Announces Fall 2023 Microgrant Recipients](https://thecreditunionconnection.com/verity-credit-union-announces-fall-2023-microgrant-recipients/): Verity Credit Union, a Seattle-based financial institution with assets totaling $859 million, known for its socially-responsible… - [Constellation and Pulsate Partner to Deliver Enhanced Relationship Banking Capabilities Through The Mobile Channel to Constellation Digital Banking Platform Users](https://thecreditunionconnection.com/constellation-and-pulsate-partner-to-deliver-enhanced-relationship-banking-capabilities-through-the-mobile-channel-to-constellation-digital-banking-platform-users/): Constellation Digital Partners (Constellation) announced a reseller partnership with Pulsate, to provide users… - [2 Simple Ways to Reduce Risk in Your Credit Union’s Investment Portfolio](https://thecreditunionconnection.com/2-simple-ways-to-reduce-risk-in-your-credit-unions-investment-portfolio/): Don’t put all your eggs in one basket. You’ve probably heard that adage all your life, whether… - [Corporate Central Employees Make a Difference at Hope Center](https://thecreditunionconnection.com/corporate-central-employees-make-a-difference-at-hope-center/): Corporate Central demonstrated its commitment to community service and philanthropy lastweek as eight dedicated… - [PSCU Payments Index December 2023: A Deep Dive into Holiday Spending – Part 2](https://thecreditunionconnection.com/pscu-payments-index-november-2023-edition/): Today, PSCU published the December edition of the PSCU Payments Index, the goal of which is to provide information… - [SAFE Credit Union Hosts Interactive Financial Literacy Workshops at CSU Sacramento](https://thecreditunionconnection.com/safe-credit-union-hosts-interactive-financial-literacy-workshops-at-csu-sacramento/): With fewer than 1.5 percent of California students receiving financial education in the state\'s schools, SAFE Credit… - [Scienaptic AI and SentiLink Strengthen Partnership, Advancing AI-Powered Fraud Detection Capabilities](https://thecreditunionconnection.com/scienaptic-ai-and-sentilink-strengthen-partnership-advancing-ai-powered-fraud-detection-capabilities/): Scienaptic AI and SentiLink are excited to announce an enhanced product partnership. This product alliance comes in… - [Robins Financial Credit Union Raises $137,000 to Support United Way of Central Georgia](https://thecreditunionconnection.com/robins-financial-credit-union-raises-137000-to-support-united-way-of-central-georgia/): Robins Financial Credit Union proudly announces the success of its recent employee campaign in support of the… - [Magnifi Financial and Eltropy Partner to Pioneer Industry-Defining Generative AI Solutions](https://thecreditunionconnection.com/magnifi-financial-and-eltropy-partner-to-pioneer-industry-defining-generative-ai-solutions/): Eltropy and Magnifi Financial have partnered to introduce cutting-edge generative AI solutions designed to overcome… - [Dort Financial Credit Union Acquires Flagler Bank in Florida](https://thecreditunionconnection.com/dort-financial-credit-union-acquires-flagler-bank-in-florida/): Dort Financial Credit Union completed its acquisition of Flagler Bank in West Palm Beach, Florida. The transaction grew… - [CFPB Shuts Down Commonwealth Financial Systems for Illegal Debt Collection Practices](https://thecreditunionconnection.com/cfpb-shuts-down-commonwealth-financial-systems-for-illegal-debt-collection-practices/): The Consumer Financial Protection Bureau (CFPB) today took action against a medical debt collector, Commonwealth… - [Registration Now Open for Jan. 3 “Credit Union Diversity Self-Assessment” Webinar](https://thecreditunionconnection.com/registration-now-open-for-jan-3-credit-union-diversity-self-assessment-webinar/): The National Credit Union Administration is hosting a webinar on January 3 to share key data points from the… - [SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities](https://thecreditunionconnection.com/secu-foundation-and-north-carolina-coastal-federation-collaborate-to-protect-coastal-communities/): SECU Foundation and North Carolina Coastal Federation(NCCF) are teaming up to help protect and enhance five North Carolina… - [North Island Credit Union Delivers Holiday Toys & Gifts To Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-delivers-holiday-toys-amp-gifts-to-boys-amp-girls-clubs-of-greater-san-diego-1/): North Island Credit Union has partnered with the Boys & Girls Clubs of Greater San Diego to bring some holiday… - [Board Approves NCUA 2024–2025 and Central Liquidity Facility Budgets](https://thecreditunionconnection.com/board-approves-ncua-20242025-and-central-liquidity-facility-budgets/): The National Credit Union Administration Board held its eleventh open meeting of 2023 and approved four items: - [Cornerstone Advisors Completes Record Number of Successful Bank and Credit Union Technology System Conversions](https://thecreditunionconnection.com/cornerstone-advisors-completes-record-number-of-successful-bank-and-credit-union-technology-system-conversions/): Cornerstone Advisors announced today that the company has hit a historical record with the successful completion… - [CUES Directors Conference Attendees Rally for Wildfire Relief in Maui](https://thecreditunionconnection.com/cues-directors-conference-attendees-rally-for-wildfire-relief-in-maui/): CUES Directors Conference 2023 attendees united under the “Spirit of Giving” in Maui this week, driven by a shared mission… - [BankSocial Announces new Wallet 2.0: The first Self-Custody, Multichain Hedera Wallet with Integrated Staking](https://thecreditunionconnection.com/banksocial-announces-new-wallet-20-the-first-self-custody-multichain-hedera-wallet-with-integrated-staking/): BankSocial®, the nation\'s leading open banking platform for credit unions, today announced the launch of its new… - [Eight People Indicted in Connection with Nationwide Conspiracy Targeting Credit Unions](https://thecreditunionconnection.com/eight-people-indicted-in-connection-with-nationwide-conspiracy-targeting-credit-unions/): Two leaders of a nationwide bank fraud conspiracy have been arrested in connection with a scheme that has targeted… - [University Credit Union Celebrates 10 Years Supporting UCLA Mattel Children\'s Hospital](https://thecreditunionconnection.com/university-credit-union-celebrates-10-years-supporting-ucla-mattel-childrens-hospital/): University Credit Union (UCU) is proud to announce the success of the Annual Toy & Book Drive for Mattel Children\'s… - [$500,000 Resilience Initiative Allows 100 Ukrainians to Grow or Restore Businesses Amid Russia’s War](https://thecreditunionconnection.com/500000-resilience-initiative-allows-100-ukrainians-to-grow-or-restore-businesses-amid-russias-war/): Worldwide Foundation for Credit Unions’ (WFCU) $500,000 Resilience Initiative allowed Ukrainian credit unions that… - [Greater Texas Employees Providing Christmas Cheer for Families in Need](https://thecreditunionconnection.com/greater-texas-employees-providing-christmas-cheer-for-families-in-need/): Employees of Greater Texas Credit Union are making Christmas merry for seven large families as part of the… - [PSCU Announces Annual Dividend for Fiscal Year 2023](https://thecreditunionconnection.com/pscu-announces-annual-dividend-for-fiscal-year-2023/): PSCU has announced a $31.0 million annual patronage dividend for the 2023 fiscal year, with a cash distribution… - [Tom Kane Awarded AACUL\'s Highest Honor](https://thecreditunionconnection.com/tom-kane-awarded-aaculs-highest-honor/): The American Association of Credit Union Leagues (AACUL) honored Tom Kane, President/CEO of the Illinois Credit Union… - [Utah First Credit Union Scores Another Win as One of Utah’s Best Companies to Work For in 2023](https://thecreditunionconnection.com/utah-first-credit-union-scores-another-win-as-one-of-utahs-best-companies-to-work-for-in-2023/): Utah First Credit Union, one of Utah’s leading financial institutions, is honored to announce its latest achievement as… - [2022 Credit Union Diversity Self-Assessment Results Report is Available](https://thecreditunionconnection.com/2022-credit-union-diversity-self-assessment-results-report-is-available/): The 2022 Credit Union Diversity Self-Assessment Results Report is now available… - [Buy Now Pay Later Market to Reach US$ 51,793.6 Million, Globally, by 2032 at 23.49% CAGR - IMARC Group](https://thecreditunionconnection.com/buy-now-pay-later-market-to-reach-us-517936-million-globally-by-2032-at-2349-cagr-imarc-group/): According to the latest report by IMARC Group, titled “Buy Now Pay Later Market: Global Industry Trends, Share, Size… - [equipifi Introduces Pay-in-4 Option for Debit Card Issuers](https://thecreditunionconnection.com/equipifi-introduces-pay-in-4-option-for-debit-card-issuers/): equipifi, a fintech company providing debit card issuers with a white label Buy Now, Pay Later (BNPL) solution, announced… - [Navy Federal Credit Union Honors ‘Students of the Year’ With ROTC All-American Program Scholarships](https://thecreditunionconnection.com/navy-federal-credit-union-honors-students-of-the-year-with-rotc-all-american-program-scholarships/): Navy Federal Credit Union announced today that it selected the top Air Force, Army and Navy/Marine students as… - [Tyndall Breaks Credit Union Profit-Share Giveback Record](https://thecreditunionconnection.com/tyndall-breaks-credit-union-profit-share-giveback-record/): Tyndall Federal Credit Union, a 67-year-old credit union based in Panama City, has shared more profits with its… - [Security First Credit Union Signs with United Solutions CUSO DataSafe Core System](https://thecreditunionconnection.com/security-first-credit-union-signs-with-united-solutions-cuso-datasafe-core-system/): United Solutions Company (USC), a technology CUSO hosting core processing and other technology services… - [Mutual Security Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/mutual-security-credit-union-selects-upstart-for-personal-lending/): Mutual Security Credit Union (MSCU), a $390+ million financial institution serving the financial needs… - [Credit Union of Texas Selects Alkami For Its Business Banking Platform](https://thecreditunionconnection.com/credit-union-of-texas-selects-alkami-for-its-business-banking-platform/): Alkami Technology, Inc. announced today that it has partnered with Credit Union of Texas (CUTX) to provide the first… - [InvesTex Credit Union Partners with Bankjoy to Enhance the Digital Banking Experience for Members](https://thecreditunionconnection.com/investex-credit-union-partners-with-bankjoy-to-enhance-the-digital-banking-experience-for-members/): InvesTex Credit Union has partnered with leading digital banking provider, Bankjoy to provide a world-class online… - [MessagePay Integration with Portico from Fiserv Enhances Credit Union Members’ Ability to Conveniently Manage their Finances](https://thecreditunionconnection.com/messagepay-integration-with-portico-from-fiserv-enhances-credit-union-members-ability-to-conveniently-manage-their-finances/): MessagePay\'s user-friendly technology empowers credit unions to securely and efficiently send payment reminder… - [Desert Financial Credit Union Contributes $300,000 to Arizona Nonprofits](https://thecreditunionconnection.com/desert-financial-credit-union-contributes-300000-to-arizona-nonprofits/): Desert Financial Credit Union announced $300,000 in donations to Arizona nonprofits through its grant… - [MY CREDIT UNION Selects Allied Payment Network as its Payments Partner](https://thecreditunionconnection.com/my-credit-union-selects-allied-payment-network-as-its-payments-partner/): Allied Payment Network, Inc. (Allied) today announced its partnership with MY CREDIT UNION. Allied’s payment solutions… - [Centra and Northpark Community Credit Union Members Vote in Favor of Northpark Merger](https://thecreditunionconnection.com/centra-and-northpark-community-credit-union-members-vote-in-favor-of-northpark-merger/): Members of both Centra Credit Union and NorthPark Community Credit Union voted in favor of a partnership that… - [Air Academy Credit Union Chooses PSCU for Debit and Credit Processing Services and Support](https://thecreditunionconnection.com/air-academy-credit-union-chooses-pscu-for-debit-and-credit-processing-services-and-support/): PSCU is proud to announce its partnership with Air Academy Credit Union (AACU) to provide comprehensive debit… - [Vizo Financial Reaches Local, National and International Communities in 2023](https://thecreditunionconnection.com/vizo-financial-reaches-local-national-and-international-communities-in-2023/): Vizo Financial’s community initiatives stretched from its local communities in Columbia, S.C.; Greensboro, N.C… - [Provision IAM Raises Funding from Curql to Drive Growth](https://thecreditunionconnection.com/provision-iam-raises-funding-from-curql-to-drive-growth/): Provision IAM, a technology leader in Identity Security for financial institutions, announced a funding round… - [The PenFed Foundation and PenFed Realty Join Forces to Provide Relief to Military Families Devastated by Clarksville, TN Tornadoes](https://thecreditunionconnection.com/the-penfed-foundation-and-penfed-realty-join-forces-to-provide-relief-to-military-families-devastated-by-clarksville-tn-tornadoes/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union is stepping up to help our Tennessee military… - [U.S. Eagle Federal Credit Union Launches Lumin Digital\'s Cloud-Based Digital Banking Platform](https://thecreditunionconnection.com/us-eagle-federal-credit-union-launches-lumin-digitals-cloud-based-digital-banking-platform/): Albuquerque, New Mexico-based U.S. Eagle Federal Credit Union (U.S. Eagle) has launched their state-of-the-art digital… - [Prodigy Names New CTO to Help Lead the CUSO to its Tech Future](https://thecreditunionconnection.com/prodigy-names-new-cto-to-help-lead-the-cuso-to-its-tech-future/): Brian Elcock, a veteran of business technology, has joined the Prodigy team as its new Chief Technology Officer. This is a… - [NorthCountry Federal Credit Union Selects Nik Khosla as Chief Information Technology Officer](https://thecreditunionconnection.com/northcountry-federal-credit-union-selects-nik-khosla-as-chief-information-technology-officer/): NorthCountry Federal Credit Union has selected Nik Khosla as its new Chief Information Technology Officer… - [NCR Atleos Shares 2024 Banking Trends to Watch](https://thecreditunionconnection.com/ncr-atleos-shares-2024-banking-trends-to-watch/): Consumer preferences continue to shift at a rapid pace, and banks and credit unions are being challenged to… - [MyPoint Credit Union Receives Corporate Philanthropy of the Year Award](https://thecreditunionconnection.com/mypoint-credit-union-receives-corporate-philanthropy-of-the-year-award/): MyPoint Credit Union, a leading financial institution dedicated to serving the community, proudly announces its receipt… - [Wescom Credit Union Expresses its Commitment to Diversity, Equity, and Inclusion through its long-standing #WescomKindness Initiative](https://thecreditunionconnection.com/wescom-credit-union-expresses-its-commitment-to-diversity-equity-and-inclusion-through-its-long-standing-wescomkindness-initiative/): Wescom Credit Union, one of the largest community credit unions in California, has been dedicated to helping… - [Texas Charities Reap $26,500 as a Dozen Texas A&M IBE Companies Donate their Profits](https://thecreditunionconnection.com/texas-charities-reap-26500-as-a-dozen-texas-aampm-ibe-companies-donate-their-profits/): A dozen Texas charities are $26,500 richer thanks to this year’s Texas A&M Mays Business School Integrated Business…, - [Member One Marks Week of Giving with $38,000 in Donations](https://thecreditunionconnection.com/member-one-marks-week-of-giving-with-38000-in-donations/): Expanding upon GivingTuesday, a global generosity movement, Member One Federal Credit Union donated a… - [Torrance Community Credit Union Welcomes Michael Wilkins as New CEO](https://thecreditunionconnection.com/torrance-community-credit-union-welcomes-michael-wilkins-as-new-ceo/): The Board of Directors of Torrance Community Credit Union (TCCU) has appointed Michael Wilkins as its new… - [Robins Financial Credit Union Donates $47,000 to Local Non-Profits](https://thecreditunionconnection.com/robins-financial-credit-union-donates-47000-to-local-non-profits/): Robins Financial Credit Union is spreading holiday cheer with a donation of $47,000 to local non-profit organizations… - [\"Leveraging Technology to Optimize Community Impact\"](https://thecreditunionconnection.com/leveraging-technology-to-optimize-community-impact/): In the rapidly evolving landscape of corporate social responsibility (CSR) and community development initiatives… - [FedFinancial FCU Launches SpendFlex to Offer BNPL to Federal Employees](https://thecreditunionconnection.com/fedfinancial-fcu-launches-spendflex-to-offer-bnpl-to-federal-employees/): FedFinancial Federal Credit Union (FedFinancial FCU), a credit union serving federal employees and their family… - [Raiz Federal Credit Union Introduces the El Paso Zoo Society Debit Card](https://thecreditunionconnection.com/raiz-federal-credit-union-introduces-the-el-paso-zoo-society-debit-card/): With much excitement, Raiz Federal Credit Union announces its partnership with the El Paso Zoo Society as part of the… - [OnPoint Community Credit Union Named Oregon\'s Most Admired Financial Services Company in 2023](https://thecreditunionconnection.com/onpoint-community-credit-union-named-oregons-most-admired-financial-services-company-in-2023/): The Portland Business Journal named OnPoint Community Credit UnionOregon\'s \"Most Admired Company\" in the… - [Wescom Fund for UCLA Launches: Extending Support for UCLA Community, Building Better Lives for Bruins](https://thecreditunionconnection.com/wescom-fund-for-ucla-launches-extending-support-for-ucla-community-building-better-lives-for-bruins/): Wescom has long been an Official Banking Partner of a number of UCLA entities, and now, the Credit Union in… - [Eltropy Collaborates with Jack Henry’s Banno Digital Banking Platform ](https://thecreditunionconnection.com/eltropy-collaborates-with-jack-henrys-banno-digital-banking-platformnbsp/): Eltropy announced today that Eltropy’s Digital Conversations Platform is now accessible through the Jack Henry™ digital… - [S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance](https://thecreditunionconnection.com/sampp-upgrades-penfed-auto-loan-securitizations-due-to-strong-performance/): PenFed Credit Union, the nation\'s second-largest federal credit union, received notable upgrades on the ratings… - [Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing](https://thecreditunionconnection.com/federal-home-loan-bank-of-dallas-awards-284-million-for-affordable-housing/): he Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that it has awarded $28.4 million in Affordable… - [People\'s Credit Union Supports Special Olympics\' Inspire Greatness Calendar Fundraiser](https://thecreditunionconnection.com/peoples-credit-union-supports-special-olympics-inspire-greatness-calendar-fundraiser/): People’s Credit Union, in conjunction with the Credit Unions of Rhode Island’s Social Responsibility Committee, is once… - [Robins Financial Credit Union Gives Back Over $20 Million to Members through Member Rebate Program](https://thecreditunionconnection.com/robins-financial-credit-union-gives-back-over-20-million-to-members-through-member-rebate-program/): Robins Financial Credit Union announces its continued commitment to supporting its members by giving back over… - [CUNA, NAFCU Applaud CDFI Fund for Adopting Credit Union-sought Changes to Certification Application](https://thecreditunionconnection.com/cuna-nafcu-applaud-cdfi-fund-for-adopting-credit-union-sought-changes-to-certification-application/): The Treasury’s Community Development Financial Institutions (CDFI) Fund finalized its application Thursday, incorporating… - [CU Strategic Planning’s Response to New CDFI Certification Requirements Unveiled by the US Treasury](https://thecreditunionconnection.com/cu-strategic-plannings-response-to-new-cdfi-certification-requirements-unveiled-by-the-us-treasury/): In a significant milestone for credit unions certified as Community Development Financial Institutions… - [Lending, Assets, Insured Shares, and Delinquencies Rise](https://thecreditunionconnection.com/lending-assets-insured-shares-and-delinquencies-rise/): According to the latest financial performance data released today by the National Credit Union Administration, total loans - [Navy Federal Credit Union Auto Lending Tops its 2022 Score for Overall Satisfaction](https://thecreditunionconnection.com/navy-federal-credit-union-auto-lending-tops-its-2022-score-for-overall-satisfaction/): Navy Federal Credit Union announced today it received a high score in the J.D. Power 2023 U.S. Consumer Financing… - [Governor Evers Signs Bill Requiring Personal Finance Education for Wisconsin High School Graduation](https://thecreditunionconnection.com/governor-evers-signs-bill-requiring-personal-finance-education-for-wisconsin-high-school-graduation/): Wisconsin high school students will be required to take a personal finance course to graduate starting in 2028… - [Miles of Impact: The PenFed Foundation CEO James Schenck Named Visionary of the Year by Non-Profit, wear blue: run to remember](https://thecreditunionconnection.com/miles-of-impact-the-penfed-foundation-ceo-james-schenck-named-visionary-of-the-year-by-non-profit-wear-blue-run-to-remember/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union is proud to announce its CEO, James… - [FinServ Forecast 2024: 12 Technology and Trend Predictions](https://thecreditunionconnection.com/finserv-forecast-2024-12-technology-and-trend-predictions/): As in other industries, the explosion of generative AI has forced the financial services sector to quickly adapt while riding… - [CFPB Orders Atlantic Union Bank to Pay $6.2 Million for Illegal Overdraft Fee Harvesting](https://thecreditunionconnection.com/cfpb-orders-atlantic-union-bank-to-pay-62-million-for-illegal-overdraft-fee-harvesting/): The Consumer Financial Protection Bureau (CFPB) today took action against Atlantic Union Bank for illegally enrolling thousands… - [PenFed Credit Union Joins 4 +1 Commitment Supporting Military Spouse Employment](https://thecreditunionconnection.com/penfed-credit-union-joins-4-1-commitment-supporting-military-spouse-employment/): PenFed Credit Union today announced it joined as an initial signatory of Blue Star Families and the US Chamber of Commerce… - [Paving the Path to Homeownership, Alliant Credit Union Launches New Mortgage Offerings](https://thecreditunionconnection.com/paving-the-path-to-homeownership-alliant-credit-union-launches-new-mortgage-offerings/): Aiming to make the dream of home ownership a reality for more Americans, Alliant Credit Union announced several new… - [TruWest® Credit Union Updates Branch Naming to Reflect Enhanced Service Offerings](https://thecreditunionconnection.com/truwest-credit-union-updates-branch-naming-to-reflect-enhanced-service-offerings/): TruWest® Credit Union is pleased to announce that all its branch locations will be renamed as financial service centers… - [CUNA\'s Nussle Responds to Rep. McCarthy\'s Resignation](https://thecreditunionconnection.com/cunas-nussle-responds-to-rep-mccarthys-resignation/): Rep. Kevin McCarthy, R-Calif., announced Wednesday he will resign from Congress at the end of the year. McCarthy, who… - [The Hill Recognizes CUNA’s Nussle, Stverak as Top Lobbyists](https://thecreditunionconnection.com/the-hill-recognizes-cunas-nussle-stverak-as-top-lobbyists/): CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer Jason Stverak were named among The Hill’s top… - [New Video and Media CUSO Launches](https://thecreditunionconnection.com/new-video-and-media-cuso-launches/): Storyfi, LLC., a Credit Union Service Organization (CUSO), is a new video and media production company with a mission to… - [Auto Link Encourages Financial Institutions to Embrace Digital Auto Retailing Following Amazon Announcement](https://thecreditunionconnection.com/auto-link-encourages-financial-institutions-to-embrace-digital-auto-retailing-following-amazon-announcement/): Auto Link, a leading fintech and marketing company serving over 175 financial institutions, is delivering an important… - [Service Credit Union Names Jeff Benson Chief Technology Officer](https://thecreditunionconnection.com/service-credit-union-names-jeff-benson-chief-technology-officer/): Service Credit Union is excited to announce it has welcomed Jeff Benson as its Chief Technology Officer, a newly… - [ValleyStar Rise Foundation Donates $50,000 to Children\'s Miracle Network Hospitals](https://thecreditunionconnection.com/valleystar-rise-foundation-donates-50000-to-childrens-miracle-network-hospitals/): The ValleyStar Rise Foundation, the philanthropic arm of ValleyStar Credit Union, proudly announces a generous contribution of $50,000 to the Children\'s Miracle Network - [Priority Financial Group Welcomes USC Credit Union](https://thecreditunionconnection.com/priority-financial-group-welcomes-usc-credit-union/): The partnership provides digital and in branch financial education, retirement planning, investments, and asset management to the University of Southern California’s Trojan Family and its members in the City of Los Angeles and Orange County. - [Charting a Course for Excellence: CUES Announces Board Officers](https://thecreditunionconnection.com/charting-a-course-for-excellence-cues-announces-board-officers/): CUES is pleased to announce the appointment of new board officers. - [Triangle Business Journal Names SECU Foundation Among Its 2023 Corporate Philanthropy Award Winners](https://thecreditunionconnection.com/triangle-business-journal-names-secu-foundation-among-its-2023-corporate-philanthropy-award-winners/): Triangle Business Journal has named State Employees’ Credit Union Foundation a recipient of its 2023 Corporate Philanthropy Award. - [Credit Union for Kids Celebrates Accolades Receiving Founders Award](https://thecreditunionconnection.com/credit-union-for-kids-celebrates-accolades-receiving-founders-award/): April 8-11 at Walt Disney World Dolphin Resort in Orlando, FL, credit unions come together to celebrate receiving this… - [House Financial Services Committee Chair McHenry Will Not Seek Re-election](https://thecreditunionconnection.com/house-financial-services-committee-chair-mchenry-will-not-seek-re-election/): Rep. Patrick McHenry, R-N.C., announced Tuesday he will not seek re-election in 2024. McHenry has served in Congress since… - [Finastra showcases strategies for lending growth and compliance at its User Connect series](https://thecreditunionconnection.com/finastra-showcases-strategies-for-lending-growth-and-compliance-at-its-user-connect-series/): Takeaways from the events highlight why an end-to-end technology stack is key to unlocking innovation for mortgage and lending teams at community banks and credit unions - [SWBC\'s SWIVEL™ Acquires Magic-Wrighter, Inc.](https://thecreditunionconnection.com/swbcs-swivel-acquires-magic-wrighter-inc/): Magic-Wright Inc. Acquisition Further Strengthens SWIVEL\'s Commitment to be the Ultimate Transaction-Enablement Partner - [PACU Foundation gifts $24,000 to North Carolina charities](https://thecreditunionconnection.com/pacu-foundation-gifts-24000-to-north-carolina-charities/): Piedmont Advantage Credit Union announced the PACU Foundation gifted on Giving Tuesday a total of $24,000 to six charities to increase their capacity to help North Carolina residents in times of financial hardship. - [Largest Credit Union in Hawaii Renews Partnership with CUSO Financial Services](https://thecreditunionconnection.com/largest-credit-union-in-hawaii-renews-partnership-with-cuso-financial-services/): CUSO Financial Services, L.P.  announced the renewal of its partnership with HawaiiUSA Federal Credit Union… - [Navy Federal Credit Union Joins RTP® Network, Providing Members Convenient Transactions 24/7](https://thecreditunionconnection.com/navy-federal-credit-union-joins-rtp-network-providing-members-convenient-transactions-247/): Navy Federal Credit Union received over $2.7 million dollars of real-time deposits during its first full day on the RTP® network, the instant payments system operated by The Clearing House… - [Colorado Credit Union Embraces VR for Employee Training with Aequilibrium and Motive.io](https://thecreditunionconnection.com/colorado-credit-union-embraces-vr-for-employee-training-with-aequilibrium-and-motiveio/): Aequilibrium, a digital consulting and implementation services company, and Motive.io, an industry-leading virtual… - [Kitsap Credit Union Announces Simon Powley as New Chief Revenue Officer](https://thecreditunionconnection.com/kitsap-credit-union-announces-simon-powley-as-new-chief-revenue-officer/): Kitsap Credit Union is pleased to announce the appointment of Simon Powley as its new Chief… - [As Income Falls Sharply for Top 10 Credit Unions in Q3, Insuritas Provides Invaluable Source of Income via Insurance](https://thecreditunionconnection.com/as-income-falls-sharply-for-top-10-credit-unions-in-q3-insuritas-provides-invaluable-source-of-income-via-insurance/): The top 10 credit unions in the country have faced significant challenges in maintaining their profit margins in recent… - [We’re going the wrong way](https://thecreditunionconnection.com/were-going-the-wrong-way/): I was never much of a science fiction fan, but a friend got me hooked on Battlestar Galactica(the reimagined version where… - [Cardinal Credit Union Hosts Community Food Drive To Benefit Local Food Pantry](https://thecreditunionconnection.com/cardinal-credit-union-hosts-community-food-drive-to-benefit-local-food-pantry/): Qualifying Donors Entered Into Raffle For Meet And Greet With Cleveland Browns Running Back Kareem Hunt - [Delta Community Announces 2024 Philanthropic Fund Grant Recipients](https://thecreditunionconnection.com/delta-community-announces-2024-philanthropic-fund-grant-recipients/): Delta Community Credit Union Awards $150,000 to 20 Metro Atlanta Nonprofits - [House Passes Resolution to Void Section 1071 Rule](https://thecreditunionconnection.com/house-passes-resolution-to-void-section-1071-rule/): The House passed a resolution of disapproval for the Consumer Financial Protection Bureau’s section 1071 rule Friday - [Financial Center Wins Top Honors in Statewide and National Credit Union Awards](https://thecreditunionconnection.com/financial-center-wins-top-honors-in-statewide-and-national-credit-union-awards/): In a testament to its innovative programs and dedication to members, Financial Center First Credit Union has been… - [Investing in the Future: Raiz FCU Celebrates Giving Tuesday with $82,500 in Scholarships and Grants](https://thecreditunionconnection.com/investing-in-the-future-raiz-fcu-celebrates-giving-tuesday-with-82500-in-scholarships-and-grants/): On this year’s Giving Tuesday, November 28, 2023, Raiz Federal Credit Union commemorated the day by awarding… - [ValleyStar Credit Union welcomes Susan Chapman as Chief Marketing Officer](https://thecreditunionconnection.com/valleystar-credit-union-welcomes-susan-chapman-as-chief-marketing-officer/): ValleyStar Credit Union proudly announces Susan Chapman as its new Chief Marketing Officer (CMO), effective… - [Mark Sekula Named Next President/Chief Executive Officer at RBFCU](https://thecreditunionconnection.com/mark-sekula-named-next-presidentchief-executive-officer-at-rbfcu/): The Board of Directors at Randolph-Brooks Federal Credit Union (RBFCU) has chosen Mark Sekula to be… - [Kinecta Community Foundation Helps Ensure People-Helping-People Stays in the CU\'s Fabric](https://thecreditunionconnection.com/kinecta-community-foundation-helps-ensure-people-helping-people-stays-in-the-cus-fabric/): Latrice spills the beans on Kinecta Community Foundation’s 2023 successes AND what’s in store for 2024! - [State Department Federal Credit Union appoints Rachel Rust as Chief Experience Officer and promotes Victor Hall to Chief Retail Officer](https://thecreditunionconnection.com/state-department-federal-credit-union-appoints-rachel-rust-as-chief-experience-officer-and-promotes-victor-hall-to-chief-retail-officer/): State Department Federal Credit Union (SDFCU) proudly announces the appointment of Rachel Rust as its new Chief… - [DCUC Congratulates the Honorable Tanya F. Otsuka, NCUA Board Member](https://thecreditunionconnection.com/dcuc-congratulates-the-honorable-tanya-f-otsuka-ncua-board-member/): On January 8, 2024, the Honorable Tanya F. Otsuka was sworn in as the 25th Board Member of the National Credit… - [Opus Launches FinGeniusAI Solutions to Accelerate AI Adoption by Banks and Other Financial Institutions](https://thecreditunionconnection.com/opus-launches-fingeniusai-solutions-to-accelerate-ai-adoption-by-banks-and-other-financial-institutions/): Artificial Intelligence (AI) has grabbed the spotlight, with around $190 billion being invested in this trailblazing technology… - [Greylock appoints Brett Random to Board of Directors](https://thecreditunionconnection.com/greylock-appoints-brett-random-to-board-of-directors/): Greylock Federal Credit Union is pleased to announce the appointment of Brett Random to Greylock’s volunteer… - [VyStar Credit Union Celebrates Service and Volunteerism To Commemorate Martin Luther King Jr. Day](https://thecreditunionconnection.com/vystar-credit-union-celebrates-service-and-volunteerismto-commemorate-martin-luther-king-jr-day/): VyStar Credit Union is proud to announce its ongoing commitment to volunteerism and service as a means of commemorating… - [SchoolsFirst Federal Credit Union Sponsors Educational Leadership Summit at California State University, San Bernardino](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-educational-leadership-summit-at-california-state-university-san-bernardino/): SchoolsFirst Federal Credit Union served as the premium sponsor for the Education Leadership Summit presented Nov. 16 at… - [Computerworld Names Navy Federal Credit Union a “2024 Best Place to Work in IT,” 9th Year in a Row](https://thecreditunionconnection.com/computerworld-names-navy-federal-credit-union-a-2024-best-place-to-work-in-it-9th-year-in-a-row/): Computerworld announces Navy Federal Credit Union as a 2024 Best Places to Work in IT. The 30th annual survey… - [Mammoth Rock Capital Acquires Del Sol Title](https://thecreditunionconnection.com/mammoth-rock-capital-acquires-del-sol-title/): As part of the strategy of Raiz Federal Credit Union to become a “one-stop-shop” for all your financial needs and to… - [Virginia Credit Union and Member One Federal Credit Union Jointly Announce their Intent to Merge](https://thecreditunionconnection.com/virginia-credit-union-and-member-one-federal-credit-union-jointly-announce-their-intent-to-merge/): Virginia Credit Union, Inc. (VACU) and Member One Federal Credit Union (Member One) are excited to announce… - [Reliant Donates Hundreds of Sneakers for Children at Local Elementary Schools and Organizations](https://thecreditunionconnection.com/reliant-donates-hundreds-of-sneakers-for-children-at-local-elementary-schools-and-organizations/): Reliant Credit Union continues its mission to help students in the Finger Lakes put their best feet forward! Throughout… - [VyStar Foundation Announces New Board Members](https://thecreditunionconnection.com/vystar-foundation-announces-new-board-members/): VyStar Foundation, the philanthropic arm of VyStar Credit Union, is proud to announce the appointment of four new… - [Global Credit Union Announces Acquirement of First Financial Northwest Bank](https://thecreditunionconnection.com/global-credit-union-announces-acquirement-of-first-financial-northwest-bank/): Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (“First Financial Northwest”) (NASDAQ GS: FFNW) announced… - [CFPB Addresses Inaccurate Background Check Reports and Sloppy Credit File Sharing Practices](https://thecreditunionconnection.com/cfpb-addresses-inaccurate-background-check-reports-and-sloppy-credit-file-sharing-practices/): Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies to address… - [NCUA Settles with ND Credit Unions in US Central Assets ](https://thecreditunionconnection.com/ncua-settles-with-nd-credit-unions-in-us-central-assetsnbsp/): North Dakota credit unions will receive more than $11,900,000 in recovered assets that had previously been denied by… - [It’s Really the Principle of the Thing: RIP Teachers Credit Union](https://thecreditunionconnection.com/its-really-the-principle-of-the-thing-rip-teachers-credit-union/): Every quarter we look at the merger numbers and keep track of the new credit unions chartered and post it on the… - [Bellco Credit Union and Economic Literacy Colorado Launch New \"FUNancial $marts\" Educational Booklet for High School Students](https://thecreditunionconnection.com/bellco-credit-union-and-economic-literacy-colorado-launch-new-funancial-marts-educational-booklet-for-high-school-students/): Bellco Credit Union and Economic Literacy Colorado (ELC) are launching a new \"FUNancial $marts\" educational… - [Governor Abbott Reappoints Texas Trust CEO to CU Commission](https://thecreditunionconnection.com/governor-abbott-reappoints-texas-trust-ceo-to-cu-commission/): Texas Governor Greg Abbott has reappointed Jim Minge, CEO of Texas Trust Credit Union, to another term on the Texas… - [Maine Savings Selects Upstart for Personal Lending](https://thecreditunionconnection.com/maine-savings-selects-upstart-for-personal-lending/): Maine Savings, one of Maine’s largest credit unions with over 35,000 members, has announced a new partnership… - [Union Credit Wins 2024 BIG Innovation Award](https://thecreditunionconnection.com/union-credit-wins-2024-big-innovation-award/): Union Credit, the first and only marketplace for credit unions to place firm pre-approved, one-click credit offers… - [Mahalo Banking Appoints Jason Thomas to Help Further Accelerate Customer Growth](https://thecreditunionconnection.com/mahalo-banking-appoints-jason-thomas-to-help-further-accelerate-customer-growth/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced today… - [Hudson Valley Credit Union to Acquire Catskill Hudson Bank](https://thecreditunionconnection.com/hudson-valley-credit-union-to-acquire-catskill-hudson-bank/): Hudson Valley Credit Union (HVCU) announced today that it has entered into a definitive merger agreement with… - [Neural Payments and Alloya Corporate FCU Partner To Offer P2P to Credit Unions](https://thecreditunionconnection.com/neural-payments-and-alloya-corporate-fcu-partner-to-offer-p2p-to-credit-unions/): In a step that expands its ability to offer market-leading payment innovations for financial institutions, Neural Payments… - [EPC Highlights Credit Unions, Community Banks\' Opposition to Durbin-Marshall Credit Card Bill](https://thecreditunionconnection.com/epc-highlights-credit-unions-community-banks-opposition-to-durbin-marshall-credit-card-bill/): This month, the Electronic Payments Coalition (EPC) is launching new campaign ads across the country in partnership… - [Maine Savings Federal Credit Union Renews Partnership with Synergent](https://thecreditunionconnection.com/maine-savings-federal-credit-union-renews-partnership-with-synergent/): Synergent® is pleased to announce that Maine Savings Federal Credit Union has signed a seven-year renewal agreement… - [Financial Plus Credit Union Announces Partnership with Tru Treasury](https://thecreditunionconnection.com/financial-plus-credit-union-announces-partnership-with-tru-treasury/): Financial Plus Credit Union (FPCU) is happy to announce its partnership with Tru Treasury, a leader in treasury management… - [Industry Veterans Launch Startup to Transform Credit Union Member Experience ](https://thecreditunionconnection.com/industry-veterans-launch-startup-to-transform-credit-union-member-experiencenbsp/): Nook (Nook-inc.com), a pioneer of niche experiences, proudly announces its official launch, poised to challenge… - [Ecority Projects U.S. Credit Unions Could Deploy $107B in Clean Energy Financing](https://thecreditunionconnection.com/ecority-projects-us-credit-unions-could-deploy-107b-in-clean-energy-financing/): Ecority, a nonprofit that has built a national coalition of credit unions and state-chartered green banks, is projecting that… - [Q2 and Agent IQ Expand Partnership to Deliver Personal Digital Engagement Solutions](https://thecreditunionconnection.com/q2-and-agent-iq-expand-partnership-to-deliver-personal-digital-engagement-solutions/): Q2 Holdings, Inc. (NYSE:QTWO), a provider of digital transformation solutions for banking and lending, and Agent IQ… - [SMA Technologies Announces State of Automation in Financial Services 2024 Report](https://thecreditunionconnection.com/sma-technologies-announces-state-of-automation-in-financial-services-2024-report/): SMA Technologies, a provider of automation solutions for financial services and the maker of OpCon Workload Automation &… - [myCUmortgage Announces Four New Credit Union Partnerships in Q4](https://thecreditunionconnection.com/mycumortgage-announces-four-new-credit-union-partnerships-in-q4/): myCUmortgage ended 2023 strong by welcoming four new partner credit unions in its ongoing effort to help more… - [Stock Rewards Checking Now Accessible to Financial Institutions Through Bits of Stock and Jack Henry Collaboration](https://thecreditunionconnection.com/stock-rewards-checking-now-accessible-to-financial-institutions-through-bits-of-stock-and-jack-henry-collaboration/): Bits of Stock announced today that its Stock Rewards Checking Account is now accessible through the Jack Henry™ digital… - [CUSO Financial Services and Sorrento Pacific Financial Celebrate 32 Financial Institution Partnerships in 2023, Representing $240 Billion in Total Assets](https://thecreditunionconnection.com/cuso-financial-services-and-sorrento-pacific-financial-celebrate-32-financial-institution-partnerships-in-2023-representing-240-billion-in-total-assets/): CUSO Financial Services (CFS) and Sorrento Pacific Financial (SPF) subsidiaries of Atria Wealth Solutions, Inc. (Atria), are… - [Otsuka Sworn in as 25th NCUA Board Member](https://thecreditunionconnection.com/otsuka-sworn-in-as-25th-ncua-board-member/): The Honorable Tanya Otsuka became the 25th Board Member of the National Credit Union Administration following… - [Dutch Point Credit Union Selects Stacey Collins as Chief Experience Officer](https://thecreditunionconnection.com/dutch-point-credit-union-selects-stacey-collins-as-chief-experience-officer/): Dutch Point Credit Union has selected Stacey Collins as its new Chief Experience Officer (CXO). - [Howard College San Angelo and Texas Trust Hold Signing Ceremony for Future Scholarships](https://thecreditunionconnection.com/howard-college-san-angelo-and-texas-trust-hold-signing-ceremony-for-future-scholarships/): Committed to building brighter financial futures, Texas Trust Gives Foundation has partnered with Howard College… - [FORUM Employees Raised Over $77,000 for Charities in 2023](https://thecreditunionconnection.com/forum-employees-raised-over-77000-for-charities-in-2023/): FORUM Credit Union supports an employee nominated charity each year. In 2023, FORUM’s Charity of Choice was the Humane… - [Kevin Hood Named CEO at 1st University Credit Union](https://thecreditunionconnection.com/kevin-hood-named-ceo-at-1st-university-credit-union/): Kevin Hood, a 24-year credit union industry veteran, has been named CEO of 1st University Credit Union… - [Reseda Group Launches Ever Green Financial Wellness Center](https://thecreditunionconnection.com/reseda-group-launches-ever-green-financial-wellness-center/): Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), today… - [Securityplus Federal Credit Union Named TOP Credit Union in Maryland, Earning Coveted Spot on Newsweeks\' List of America\'s Best Regional Banks and Credit Unions](https://thecreditunionconnection.com/securityplus-federal-credit-union-named-top-credit-union-in-maryland-earning-coveted-spot-on-newsweeks-list-of-americas-best-regional-banks-and-credit-unions/): Securityplus Federal Credit Union, a trusted financial institution serving the greater Baltimore community, announces its… - [CFPB Report Identifies Challenges Faced by Borrowers in Resumption of Student Loan Payments](https://thecreditunionconnection.com/cfpb-report-identifies-challenges-faced-by-borrowers-in-resumption-of-student-loan-payments/): The Consumer Financial Protection Bureau (CFPB) published an issue spotlight today on the CFPB’s oversight of… - [Royal Credit Union Receives Two Awards from the Minnesota Credit Union Network](https://thecreditunionconnection.com/royal-credit-union-receives-two-awards-from-the-minnesota-credit-union-network/): Royal Credit Union (Royal) received an Engagement and Outreach Award and a Digital Advertising Award from the Minnesota… - [NCUA to Host Jan. 11 Webinar on Simplified CECL Tool](https://thecreditunionconnection.com/jvz94tzm1quhoy0h4lak2mzbg9dqdf/): A Webinar on January 11 that explains how to use the agency’s simplified CECL tool. - [Royal Credit Union Program Receives Two Desjardins Adult Financial Education Awards](https://thecreditunionconnection.com/royal-credit-union-program-receives-two-desjardins-adult-financial-education-awards/): Royal Credit Union’s Correctional Facility Financial Education program received a first place 2023 Desjardins Adult Financial Education Award from the Wisconsin Credit Union League and third place DAFEA at the national level from CUNA - [Dow Credit Union Distributes $19.2 Million To Members As Part of Annual Giveback Program](https://thecreditunionconnection.com/dow-credit-union-distributes-192-million-to-members-as-part-of-annual-giveback-program/): Dow Credit Union has announced it is paying out $19.2 million to eligible members as part of its annual Member Giveback program for 2023. - [Fintech Happy Money Closes Strategic Transaction, Led by Credit Union Industry Leader TruStage](https://thecreditunionconnection.com/fintech-happy-money-closes-strategic-transaction-led-by-credit-union-industry-leader-trustage/): Backing from TruStage™ Ventures and other investors advances Happy Money\'s mission of happier lending and accelerates the company\'s growth. - [Dakota CU Foundation Announces New Board Members](https://thecreditunionconnection.com/dakota-cu-foundation-announces-new-board-members/): The Dakota Credit Union Foundation Board of Directors is pleased to welcome two new appointees to their board: Lisa Snedeker… - [U.S. Senate Federal Credit Union Demonstrates Commitment to Community with $65,000 in Charitable Contributions](https://thecreditunionconnection.com/us-senate-federal-credit-union-demonstrates-commitment-to-community-with-65000-in-charitable-contributions/): Recognizing the escalating demands faced by community nonprofits, the U.S. Senate Federal Credit Union… - [FusionIQ Announces Partnership With Kinecta Federal Credit Union, to Implement Fully Integrated Solution](https://thecreditunionconnection.com/fusioniq-announces-partnership-with-kinecta-federal-credit-union-to-implement-fully-integrated-solution/): FusionIQ, a leader in the delivery of cloud-based wealth management solutions with their all-in-one digital platform… - [The PenFed Foundation partners with Canine Companions to help more veterans get life-changing service dogs](https://thecreditunionconnection.com/the-penfed-foundation-partners-with-canine-companions-to-help-more-veterans-get-life-changing-service-dogs/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announces a groundbreaking partnership… - [Cotribute Successfully Launches Digital Account Opening for Blue Federal Credit Union in 30 Days](https://thecreditunionconnection.com/cotribute-successfully-launches-digital-account-opening-for-blue-federal-credit-union-in-30-days/): Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships… - [HFS Federal Credit Union Offers $45,000 in Scholarships](https://thecreditunionconnection.com/hfs-federal-credit-union-offers-45000-in-scholarships/): HFS Federal Credit Union is devoted to the success of every milestone in the lives of its members and community, offering… - [Financial Plus Credit Union to Open New Branch in Flushing](https://thecreditunionconnection.com/financial-plus-credit-union-to-open-new-branch-in-flushing/): Financial Plus Credit Union has announced plans to expand its footprint with a new branch in Flushing. This will be… - [Gary Parker Retires from 1st University CU After 27 Years as President and CEO](https://thecreditunionconnection.com/gary-parker-retires-from-1st-university-cu-after-27-years-as-president-and-ceo/): Gary Parker, who spent his entire half-century career in the credit union industry, has retired as president and CEO of… - [PSCU and Co-op Solutions Close Deal to Combine](https://thecreditunionconnection.com/pscu-and-co-op-solutions-close-deal-to-combine/): PSCU and Co-op Solutions today announced they have closed their deal to combine. The combination… - [Rules of Practice and Procedure Final Rule Published](https://thecreditunionconnection.com/rules-of-practice-and-procedure-final-rule-published/): The National Credit Union Administration, along with the Board of Governors of the Federal Reserve… - [Inflation constricts growth and liquidity in 2024 for banks and credit unions, according to new Wipfli reports](https://thecreditunionconnection.com/inflation-constricts-growth-and-liquidity-in-2024-for-banks-and-credit-unions-according-to-new-wipfli-reports/): Wipfli LLP (Wipfli), an advisory and accounting firm, today published the results of two industry… - [Did you know that you already celebrate Kwanzaa?](https://thecreditunionconnection.com/did-you-know-that-you-already-celebrate-kwanzaa/): There are seven days of Kwanzaa, from December 26th to January 1st, each day representing… - [Oh BOI! FinCEN releases regs for credit unions to access the Beneficial Ownership Interest Database](https://thecreditunionconnection.com/oh-boi-fincen-releases-regs-for-credit-unions-to-access-the-beneficial-ownership-interest-database/): Days before taking a long winter nap, the Financial Crimes Enforcement Network (FinCEN) released its final… - [Augment your employee benefits with this for improved recruitment & retention](https://thecreditunionconnection.com/augment-your-employee-benefits-with-this-for-improved-recruitment-amp-retention/): Total charitable giving in the US reached $499.33 billion in 2022, a 3.4% decline after record-setting years between 2021 and 2022, during the COVID pandemic, according to the Giving USA 2023 Report. Giving increased in many categories, including foundations and companies, but the economy has hit consumers as individual contributions decreased. Adjusted for inflation, the total decline amounted to 10.5%. At the same time talent recruitment and acquisition has rarely been as difficult as it is now, and often those at work are barely engaged. Employer branding is critical to successful recruitment efforts as people choose to work for companies […] - [Genisys Credit Union Celebrates Top Workplace Distinction, Reflecting on a Year of Success in 2023](https://thecreditunionconnection.com/genisys-credit-union-celebrates-top-workplace-distinction-reflecting-on-a-year-of-success-in-2023/): For the 16th year, Genisys Credit Union has been named a Top 100 Workplace by the Detroit Free Press. This award… - [Centra Members and Communities Raise More Than $60,000 for Local Organizations](https://thecreditunionconnection.com/centra-members-and-communities-raise-more-than-60000-for-local-organizations/): Centra Members, Team Members and local community members came together this past holiday season to raise… - [USALLIANCE Financial Awards Four Community Businesses With $10k Small Business Recovery Grant](https://thecreditunionconnection.com/usalliance-financial-awards-four-community-businesses-with-10k-small-business-recovery-grant/): USAlliance Federal Credit Union has awarded the Small Business Recovery Grant (SBRG) to four local businesses in… - [LGE Foundation donates $284,000 to local nonprofit](https://thecreditunionconnection.com/lge-foundation-donates-284000-to-local-nonprofit/): On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit… - [California Credit Unions Donate $331,000 to UCSF Benioff Children’s Hospital](https://thecreditunionconnection.com/california-credit-unions-donate-331000-to-ucsf-benioff-childrens-hospital/): Redwood Credit Union CEO Brett Martinez and Patelco Credit Union CEO Erin Mendez presented a $331,000 check to… - [FMFCU Foundation Donates 220 Pounds of Food to Area Food Pantries](https://thecreditunionconnection.com/fmfcu-foundation-donates-220-pounds-of-food-to-area-food-pantries/): FMFCU Foundation is proud to announce a generous donation of 220 pounds of food to two local food… - [American Eagle Financial Credit Union Sponsors Salvation Army’s 34th Annual WTIC Holiday Store](https://thecreditunionconnection.com/american-eagle-financial-credit-union-sponsors-salvation-armys-34th-annual-wtic-holiday-store/): This holiday season American Eagle Financial Credit Union (AEFCU) is proud to announce the continuation of its… - [Nussle Selects Executive Leaders for America’s Credit Unions](https://thecreditunionconnection.com/nussle-selects-executive-leaders-for-americas-credit-unions/): Today, Jim Nussle, who will serve as President/CEO of America’s Credit Unions beginning Jan. 1, 2024, announced the… - [Simplified CECL Tool Updated for December 2023](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-december-2023/): The National Credit Union Administration released today the December 2023 update of its Simplified CECL Tool. The update… - [Agencies Issue Statement for Banks on the Issuance of the Beneficial Ownership Information Access and Safeguards Rule](https://thecreditunionconnection.com/agencies-issue-statement-for-banks-on-the-issuance-of-the-beneficial-ownership-information-access-and-safeguards-rule/): The National Credit Union Administration joined with the U.S. Department of the Treasury’s Financial Crimes Enforcement… - [Embracing Financial Futures: Corporate Central Participates in “Reality Check Day” Organized by Educators Credit Union](https://thecreditunionconnection.com/embracing-financial-futures-corporate-central-participates-in-reality-check-day-organized-by-educators-credit-union/): Five Corporate Central employees recently volunteered at “Reality Check Day,” a unique financial literacy program… - [Comment Period on the NCUA’s Request for Comment on the OTR Methodology Now Open](https://thecreditunionconnection.com/comment-period-on-the-ncuas-request-for-comment-on-the-otr-methodology-now-open/): The comment period for the NCUA’s recently approved request for comment on the Overhead Transfer Rate Methodology is now… - [Credit Union Trades Respond to Senate Confirmation of Otsuka to Serve on the NCUA Board](https://thecreditunionconnection.com/senate-confirms-otsuka-to-serve-on-ncua-board/): The Senate voted to confirm Tanya Otsuka to serve on the NCUA board Wednesday. Otsuka currently serves as senior… - [Solarity Credit Union Employees, Members Lift Yakima Families’ Spirits During Annual Holiday Donation Drive](https://thecreditunionconnection.com/solarity-credit-union-employees-members-lift-yakima-families-spirits-during-annual-holiday-donation-drive/): Santa’s little Solarity Credit Union helpers dropped off more than 90 toys, gift cards and other items for two single moms and… - [California Credit Union Delivers Holiday Toys & Gifts To Los Angeles Boys & Girls Club](https://thecreditunionconnection.com/california-credit-union-delivers-holiday-toys-amp-gifts-to-los-angeles-boys-amp-girls-club-1/): California Credit Union has partnered with the Los Angeles Boys & Girls Club to bring some holiday magic to hundreds… - [Technical Correction for the CECL Transition Amount](https://thecreditunionconnection.com/technical-correction-for-the-cecl-transition-amount/): This alert informs credit unions about a technical correction with the calculation of the Current Expected Credit Loss… - [Origence Partners with Tesla to Provide Credit Union Financing to Electric Vehicle Buyers](https://thecreditunionconnection.com/origence-partners-with-tesla-to-provide-credit-union-financing-to-electric-vehicle-buyers/): Origence and Tesla announce a partnership to offer credit union financing to EV buyers through the Tesla website… - [Allegacy FCU Selects Nathanael Tarwasokono as next President & CEO](https://thecreditunionconnection.com/allegacy-fcu-selects-nathanael-tarwasokono-as-next-president-amp-ceo/): Allegacy Federal Credit Union’s Board of Directors has selected Nathanael Tarwasokono as its next President/CEO after… - [CFPB and Justice Department Sue Developer and Lender Colony Ridge for Bait-and-Switch Land Sales and Predatory Financing](https://thecreditunionconnection.com/cfpb-and-justice-department-sue-developer-and-lender-colony-ridge-for-bait-and-switch-land-sales-and-predatory-financing/): The Consumer Financial Protection Bureau (CFPB) and the Justice Department today sued Colony Ridge, a… - [Bankjoy Achieves New Milestones in 2023, Expanding Client Base To 68 Banks & Credit Unions Nationwide](https://thecreditunionconnection.com/bankjoy-achieves-new-milestones-in-2023-expanding-client-base-to-68-banks-amp-credit-unions-nationwide/): Bankjoy has achieved record growth in 2023, expanding its client base in the last year, adding several new credit unions… - [NAFCU Announces FICO as Preferred Partner for Credit Risk Score Services](https://thecreditunionconnection.com/nafcu-announces-fico-as-preferred-partner-for-credit-risk-score-services/): NAFCU Services announced today that FICO, a global analytics software leader, is the newest Preferred Partner to… - [Teachers Federal Credit Union\'s Annual Season of Giving Campaign Concludes a Year-Long Giving Effort Resulting in Over $800,000 in Donations to Charitable Organizations Across the Country](https://thecreditunionconnection.com/teachers-federal-credit-unions-annual-season-of-giving-campaign-concludes-a-year-long-giving-effort-resulting-in-over-800000-in-donations-to-charitable-organizations-across-the-country/): Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.7 billion assets and more than… - [Mission Trust and Notre Dame FCU: Transforming Arizona\'s Financial Landscape](https://thecreditunionconnection.com/mission-trust-and-notre-dame-fcu-transforming-arizonas-financial-landscape/): Mission Management & Trust Co. (Mission Trust) proudly unveiled its new logo and brand image on December 11, 2023… - [NCUA Releases Q3 2023 State-Level Data Report](https://thecreditunionconnection.com/ncua-releases-q3-2023-state-level-data-report/): Federally insured credit unions experienced growth in loans, positive net income, and delinquencies in the third… - [Day Air Credit Union Gives Back in Multiple Ways this Holiday Season](https://thecreditunionconnection.com/day-air-credit-union-gives-back-in-multiple-ways-this-holiday-season/): It’s that time of year again. Day Air Credit Union is excited to unveil the impact of this annual giving… - [Attorney Ben Crump Files Lawsuit on Behalf of Black Victims of Navy Federal Credit Union’s Discriminatory Lending Practices](https://thecreditunionconnection.com/attorney-ben-crump-files-lawsuit-on-behalf-of-black-victims-of-navy-federal-credit-unions-discriminatory-lending-practices/): Nationally renowned civil rights and personal injury attorneys Ben Crump and Adam Levitt filed a lawsuit on behalf of… - [Looking Ahead To 2024: Where Are Interest Rates Headed?](https://thecreditunionconnection.com/looking-ahead-to-2024-where-are-interest-rates-headed/): By LaCorp Credit union leaders, we hope you have been enjoying a happy holiday season so far. You are the people who spread goodwill among the communities your credit unions’ serve all year round, and we look forward to continuing to serve credit unions in 2024! Where Will Rates Be Going In 2024? Next year is already looking to be an interesting year when it comes to the Federal Reserve and what they will do with interest rates. Inflation brought about by efforts to keep the economy going during the height of the COVID-19 pandemic continues to be a key […] - [SAFE Credit Union Named Best \'Large\' Place to Work for in Sacramento Area](https://thecreditunionconnection.com/safe-credit-union-named-best-large-place-to-work-for-in-sacramento-area/): The Sacramento Business Journal named SAFE Credit Union one of the Sacramento region\'s Best Places to Work - [CFPB Issues Report Showing Many Americans Are Surprised by Overdraft Fees](https://thecreditunionconnection.com/cfpb-issues-report-showing-many-americans-are-surprised-by-overdraft-fees/): New report finding that many consumers are still being hit with unexpected overdraft and nonsufficient fund fees… - [CFPB Orders U.S. Bank to Pay $21 Million for Illegal Conduct During COVID-19 Pandemic](https://thecreditunionconnection.com/cfpb-orders-us-bank-to-pay-21-million-for-illegal-conduct-during-covid-19-pandemic/): U.S. Bank\'s actions caused tens of thousands of American workers to lose access to unemployment benefits - [Vizo Financial Returns $3.8 Million to Capital Members](https://thecreditunionconnection.com/vizo-financial-returns-38-million-to-capital-members/): Vizo Financial is giving back more than $3.8 million to capital members in the form of a service usage credit and a higher rate on the Perpetual Contributed Capital - [Sopra Banking Software Extends Its Auto Financing Offerings to Local and Regional U.S. Banks and Credit Unions](https://thecreditunionconnection.com/sopra-banking-software-extends-its-auto-financing-offerings-to-local-and-regional-us-banks-and-credit-unions/): Sopra Banking Software (SBS), a technology partner to over 1,500 financial institutions worldwide, and… - [CFPB Report Finds Many College-Sponsored Financial Products Charge High and Unusual Fees](https://thecreditunionconnection.com/cfpb-report-finds-many-college-sponsored-financial-products-charge-high-and-unusual-fees/): The Consumer Financial Protection Bureau (CFPB) issued a report today highlighting that many college-sponsored… - [Tower Federal Credit Union and TowerCaresFoundation Donates to 11 Local Food Banks & Toys for Tots to Help Children, Military Families, and Veterans in Need](https://thecreditunionconnection.com/tower-federal-credit-union-and-towercaresfoundation-donates-to-11-local-food-banks-amp-toys-for-tots-to-help-children-military-families-and-veterans-in-need/): Tower Federal Credit Union made a special donation to 11 local food banks through the TowerCaresFoundation to… - [Credit Union Groups Call Out CNN’s Misleading Report on Credit Union Mortgage Lending Data](https://thecreditunionconnection.com/credit-union-groups-call-out-cnns-misleading-report-on-credit-union-mortgage-lending-data/): Today, the Credit Union National Association (CUNA), the National Association of Federally-Insured Credit Unions… - [Navy Federal Credit Union Responds to Allegations Concerning Its Home Lending Practices](https://thecreditunionconnection.com/navy-federal-credit-union-responds-to-allegations-concerning-its-home-lending-practices/): We take our responsibility to fair lending very seriously and are closely examining the allegations in the recent CNN article… - [SDCCU Collects More Than 11,000 Books Through the Inaugural Lift Up Literacy Campaign in Partnership with San Diego County Library](https://thecreditunionconnection.com/sdccu-collects-more-than-11000-books-through-the-inaugural-lift-up-literacy-campaign-in-partnership-with-san-diego-county-library/): San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, collected… - [Financial Education With Hawaii Central Federal Credit Union Will Air on `Olelo Community Media’s Channel 53](https://thecreditunionconnection.com/financial-education-with-hawaii-central-federal-credit-union-will-air-on-olelo-community-medias-channel-53/): Financial Education with Hawaii Central Federal Credit Union, a broadcast series hosted by Hawaii Central FCU, is set to… - [Jack Henry Named to Newsweek\'s America\'s Greatest Workplaces 2024 for Diversity](https://thecreditunionconnection.com/jack-henry-named-to-newsweeks-americas-greatest-workplaces-2024-for-diversity/): Jack Henry™ announced today its recognition as one of America\'s Greatest Workplaces for Diversity 2024 by Newsweek and… - [American Association of Credit Union Leagues Winter Conference brings Together League Leaders to Connect Ideas, Vision, and Impact](https://thecreditunionconnection.com/american-association-of-credit-union-leagues-winter-conference-brings-together-league-leaders-to-connect-ideas-vision-and-impact/): With a focus on the American Association of Credit Union Leagues’ (AACUL) recently updated mission, vision, and… - [People\'s Credit Union Supports Newport Lions Club\'s Eye Health Program](https://thecreditunionconnection.com/peoples-credit-union-supports-newport-lions-clubs-eye-health-program/): People’s Credit Union has donated $750 to support the Newport Lions Club’s Eye Health Program… - [SAFE Credit Union Paid Members $57 Million in Dividends in 2023](https://thecreditunionconnection.com/safe-credit-union-paid-members-57-million-in-dividends-in-2023/): Citing its commitment to help its members build financial freedom, SAFE Credit Union paid out a total of… - [1st University Credit Union Strengthens Community Bonds through Partnership with Waco ISD Early Childhood Education Program](https://thecreditunionconnection.com/1st-university-credit-union-strengthens-community-bonds-through-partnership-with-waco-isd-early-childhood-education-program/): 1st University Credit Union is pleased to announce its collaboration with Waco ISD Early Childhood… - [PenFed Credit Union Finishes 2023 with Over $3 Billion in Net Worth and Welcomes Over 230,000 New Members](https://thecreditunionconnection.com/penfed-credit-union-finishes-2023-with-over-3-billion-in-net-worth-and-welcomes-over-230000-new-members/): PenFed Credit Union, the nation\'s second-largest federal credit union, today released financial results… - [Corporate Central Appoints Val Mindak as Board Chair and Announces Executive Committee](https://thecreditunionconnection.com/corporate-central-appoints-val-mindak-as-board-chair-and-announces-executive-committee/): Corporate Central is pleased to announce that Val Mindak was appointed as board Chair effective… - [Credit Unions Unite in Atlanta for 2024 Georgia Advocacy Conference](https://thecreditunionconnection.com/credit-unions-unite-in-atlanta-for-2024-georgia-advocacy-conference/): Georgia’s credit unions gathered in Atlanta this week for the League of Southeastern Credit… - [Desert Financial Donates $1.15 Million to Phoenix Children’s 1 Darn Cool School](https://thecreditunionconnection.com/desert-financial-donates-115-million-to-phoenix-childrens-1-darn-cool-school/): Desert Financial Foundation and Desert Financial credit union announced a $1.15 million donation to the… - [Oregon State Credit Union Announces New President/Chief Executive Officer](https://thecreditunionconnection.com/oregon-state-credit-unionannounces-new-presidentchief-executive-officer/): After a nationwide search, Oregon State Credit Union announces the selection of Gary Schuette II, as the… - [TruStage Ventures’ Discovery Fund Completes $11 Million in Investments](https://thecreditunionconnection.com/trustage-ventures-discovery-fund-completes-11-million-in-investments/): TruStage Ventures, the venture capital arm of TruStage, released its second annual report detailing the impact… - [Robins Financial Credit Union Acquires 515 Mulberry Street, Expanding Presence in Downtown Macon](https://thecreditunionconnection.com/robins-financial-credit-union-acquires-515-mulberry-street-expanding-presence-in-downtown-macon/): Robins Financial Credit Union announces the acquisition of a new property at 515 Mulberry Street in… - [Zest AI\'s Credit Models Proven to Increase Loan Approvals for Every Protected Class](https://thecreditunionconnection.com/zest-ais-credit-models-proven-to-increase-loan-approvals-for-every-protected-class/): Zest AI has grown extensively in the past four years as more and more lenders have implemented… - [Louisiana Credit Union League Announces CUDE Scholarship Recipients](https://thecreditunionconnection.com/louisiana-credit-union-league-announces-cude-scholarship-recipients/): The Louisiana Credit Union League (LCUL) announced the recipients of the annual CUDE Scholarship… - [Newsweek Names Redwood Credit Union One of “America’s Best Credit Unions”](https://thecreditunionconnection.com/newsweek-names-redwood-credit-union-one-of-americas-best-credit-unions/): Redwood Credit Union has been recognized by Newsweek as one of “America’s Best Credit… - [President/CEO of Tyndall Federal Credit Union Announces Retirement After 20 Years of Distinguished Service](https://thecreditunionconnection.com/presidentceo-of-tyndall-federal-credit-union-announces-retirement-after-20-years-of-distinguished-service/): The Tyndall Federal Credit Union Board of Directors announced today that Jim Warren will retire as President and CEO of the Credit Union effective… - [SECU Foundation Awards $2 Million Grant to Help Good Shepherd Center Fight Homelessness](https://thecreditunionconnection.com/secu-foundation-awards-2-million-grant-to-help-good-shepherd-center-fight-homelessness/): SECU Foundation has announced its award of a $2 million challenge grant to Good Shepherd Center (GSC) in… - [Your Marketing Co. Introduces Training for Immersive Member Experiences](https://thecreditunionconnection.com/your-marketing-co-introduces-training-for-immersive-member-experiences/): Never an agency to rest on its laurels, Your Marketing Co. is announcing the launch of a new offering tailored to… - [The ABCs of Financial Crime: Consumer Education is the First Line of Defense](https://thecreditunionconnection.com/the-abcs-of-financial-crime-consumer-education-is-the-first-line-of-defense/): Criminals have been challenging the banking and digital payments space for decades. As the financial services… - [Co-op Pay Network Surpasses 200 Credit Unions Milestone](https://thecreditunionconnection.com/co-op-pay-network-surpasses-200-credit-unions-milestone/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated… - [Suffolk Credit Union Announces Innovative Partnership to Launch Buy Now, Pay Later Service, Elevating Financial Flexibility for Members](https://thecreditunionconnection.com/suffolk-credit-union-announces-innovative-partnership-to-launch-buy-now-pay-later-service-elevating-financial-flexibility-for-members/): Suffolk Credit Union, with asset base of $1.8 billion, is proud to announce the introduction of a groundbreaking… - [Community Resource Credit Union, CRCU Retirement and Investment Services, Partner with TruStageTM](https://thecreditunionconnection.com/community-resource-credit-union-crcu-retirement-and-investment-services-partner-with-trustagetm/): TruStage, formerly CUNA Mutual Group, today announced an agreement to provide Community Resource… - [PenAir Honored as a Top Regional Financial Institution by Newsweek](https://thecreditunionconnection.com/penair-honored-as-a-top-regional-financial-institution-by-newsweek/): PenAir Credit Union proudly announces its recognition by Newsweek as one of America’s Best Regional… - [MDT Demonstrates Growth and Dedication to Credit Union Community in 2023, Celebrates 20 Years of Service](https://thecreditunionconnection.com/mdt-demonstrates-growth-and-dedication-to-credit-union-community-in-2023-celebrates-20-years-of-service/): Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack… - [Sandia Laboratory Federal Credit Union Opens Rio Grande Crossing Branch Near Old Town in Albuquerque](https://thecreditunionconnection.com/sandia-laboratory-federal-credit-union-opens-rio-grande-crossing-branch-near-old-town-in-albuquerque/): Sandia Laboratory Federal Credit Union (SLFCU) will formally open its new Rio Grande Crossing branch… - [Family Trust Credit Union Recognized by BauerFinancial and Newsweek](https://thecreditunionconnection.com/family-trust-federal-credit-union-receives-top-5-star-ratings/): In a show of the company’s strength and financial stability, Family Trust Federal Credit Union announced… - [LSCU Honors Florida State Representative Adam Botana as 2023 Lawmaker of the Year](https://thecreditunionconnection.com/lscu-honors-florida-state-representative-adam-botana-as-2023-lawmaker-of-the-year/): The League of Southeastern Credit Unions (LSCU) is excited to announce that State Representative Adam… - [Winds of change regarding credit union liability in elderly fraud?](https://thecreditunionconnection.com/winds-of-change-regarding-credit-union-liability-in-elderly-fraud/): A high-profile case in which an estate seeks millions of dollars from Navy Federal and Wells Fargo is… - [KlariVis Unveils New Product and Cutting-Edge Features Now Available Within Its Enterprise Banking Analytics Platform](https://thecreditunionconnection.com/klarivis-unveils-new-product-and-cutting-edge-features-now-available-within-its-enterprise-banking-analytics-platform/): As part of its ongoing commitment to help community banks and credit unions harness the power… - [CU*SOUTH and Mortgage Center Join Forces to Empower Credit Unions with Comprehensive Mortgage Services](https://thecreditunionconnection.com/cusouth-and-mortgage-center-join-forces-to-empower-credit-unions-with-comprehensive-mortgage-services/): CU*SOUTH, a 100% credit union-owned credit union service organization (CUSO), announces its… - [Home Equity Lending: Millennials and Credit Union Member Experience Innovations](https://thecreditunionconnection.com/home-equity-lending-millennials-and-credit-union-member-experience-innovations/): The rallying cry to market to Millennials carries extra significance among credit unions. With an average member… - [Wildfire Credit Union Announces New President/Chief Executive Officer](https://thecreditunionconnection.com/wildfire-credit-union-announces-new-presidentchief-executive-officer/): Wildfire Credit Union announces that after a nationwide search, Benjamin Denay has been selected as… - [PSECU’s Rudolph and Bowker Named to 2024 Top 100 People List](https://thecreditunionconnection.com/psecus-rudolph-and-bowker-named-to-2024-top-100-people-list/): Two PSECU executives were again named to the 2024 Top 100 People list by PA Business Central… - [Financial Plus Credit Union Named one ofAmerica’s Best Regional Credit Unions 2024](https://thecreditunionconnection.com/financial-plus-credit-union-named-one-ofamericas-best-regional-credit-unions-2024/): Financial Plus Credit Union has been named one of America\'s Best Regional Credit Unions in… - [Support EXP Credit Union Clients Achieve “World Class”NPS® Performance in 2023](https://thecreditunionconnection.com/support-exp-credit-union-clients-achieve-world-classnps-performance-in-2023/): Support EXP, the leading provider of innovative CX solutions for credit unions, revealed that its clients… - [TBA Credit Union Saves Members Over $1,496,000 in 2023](https://thecreditunionconnection.com/tba-credit-union-saves-members-over-1496000-in-2023/): In 2023, TBA Credit Union (TBACU) saved members $1,496,275.Each year, TBACU strives to save members… - [Idaho, Arizona Advocates Garner Legislative Support for the State’s Credit Union Act Update Bills](https://thecreditunionconnection.com/idaho-arizona-advocates-garner-legislative-support-for-gowest-act-update-bills/): Credit unions serving 1.3 million Idaho members showed up in a united force to meet with legislators at GoWest… - [Mid-Southern Bancorp, Inc., Mid-Southern Savings Bank, FSB and Beacon Credit Union Sign Definitive Purchase and Assumption Agreement](https://thecreditunionconnection.com/mid-southern-bancorp-inc-mid-southern-savings-bank-fsb-and-beacon-credit-union-sign-definitive-purchase-and-assumption-agreement/): Beacon Credit Union and Mid-Southern Bancorp, Inc., the holding company for Mid-Southern Savings… - [Jack Henry™ Announces Banno Business™](https://thecreditunionconnection.com/jack-henry-announces-banno-business/): Jack Henry™ is pleased to announce Banno Business™, a new solution that enables community and - [Registration Open for NCUA Supervisory Priorities Webinar](https://thecreditunionconnection.com/registration-open-for-supervisory-priorities-webinar/): The National Credit Union Administration is hosting a webinar on February 8 to share key points about the NCUA’s… - [LoanStreet Releases Performance Analytics for Loan Portfolios](https://thecreditunionconnection.com/loanstreet-releases-performance-analytics-for-loan-portfolios/): LoanStreet Inc., a leading technology provider for loan trading, reporting, analysis and servicing, is pleased… - [MERCO, Ontario Montclair and SMW #104 Win Grants in California](https://thecreditunionconnection.com/merco-ontario-montclair-and-smw-104-win-grants-in-california/): Doors of opportunity open for Community Development Financial Institution-certified credit… - [TopLine Financial Credit Union Recognized for Outstanding Marketing Efforts](https://thecreditunionconnection.com/topline-financial-credit-union-recognized-for-outstanding-marketing-efforts/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, was… - [GTE Financial Named One of America\'s Best Regional Banks and Credit Unions By Newsweek](https://thecreditunionconnection.com/gte-financial-named-one-of-americas-best-regional-banks-and-credit-unions-by-newsweek/): Tampa-based credit union GTE Financial is proud to announce Newsweek has named the institution one of… - [SDCCU President and CEO, Teresa Campbell, Named Among 2023/2024 Women of Influence](https://thecreditunionconnection.com/sdccu-president-and-ceo-teresa-campbell-named-among-20232024-women-of-influence/): San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial… - [NCUA’s Harper Discusses Share Insurance Fund, Rising Risks, Supervisory Priorities, and Succession Planning at Volunteer Leadership Institute](https://thecreditunionconnection.com/ncuas-harper-discusses-share-insurance-fund-rising-risks-supervisory-priorities-and-succession-planning-at-volunteer-leadership-institute/): National Credit Union Administration Chairman Todd M. Harper spoke at the Volunteer Leadership Institute today… - [Credit Unions Make Their Voice Heard at Florida Advocacy Conference](https://thecreditunionconnection.com/credit-unions-make-their-voice-heard-at-florida-advocacy-conference/): Credit unions from across the state of Florida gathered in Tallahassee this week for the League of… - [Elan Charitable Giving Program Expands to 30 Communities with $375,000 in Donations](https://thecreditunionconnection.com/elan-charitable-giving-program-expands-to-30-communities-with-375000-in-donations/): The Elan Charitable Giving program today announced $375,000 in donations across 30 communities. Each… - [Affinity Plus Opens Branch in Virginia](https://thecreditunionconnection.com/affinity-plus-opens-branch-in-virginia/): The new location provides the Virginia community with convenient, on-site access to the credit… - [FORUM Credit Union Gives Back Over$3.5 Million in Member Rewards](https://thecreditunionconnection.com/forum-credit-union-gives-back-over35-million-in-member-rewards/): Each year, FORUM Credit Union gives cash back to its members through a variety of savings and prize-based rewards. This… - [Carolinas CU League Partners with Dolphin Debit to Offer Complete ATM & ITM Solutions](https://thecreditunionconnection.com/carolinas-cu-league-partners-with-dolphin-debit-to-offer-complete-atm-amp-itm-solutions/): Professional League Resources (PLR), a subsidiary of the Carolinas Credit Union League (CCUL), has announced a partnership with Dolphin Debit, the ATM &… - [CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts](https://thecreditunionconnection.com/cfpb-proposes-rule-to-stop-new-junk-fees-on-bank-accounts/): The Consumer Financial Protection Bureau (CFPB) proposed today to block banks and other financial… - [Service Credit Union Pledges to Donate $200,000 to First Responders in Campaign With Charlie McAvoy](https://thecreditunionconnection.com/service-credit-union-pledges-to-donate-200000-to-first-responders-in-campaign-with-charlie-mcavoy/): Service Credit Union has teamed up with Charlie McAvoy, star Boston defender, to highlight 73 reasons to give back to first responders. Service CU is donating… - [Best Credit Union in the City Awarded to Raiz Federal Credit Union](https://thecreditunionconnection.com/best-credit-union-in-the-city-awarded-to-raiz-federal-credit-union/): On January 13, 2024, The City Magazine hosted its annual Best of The City Awards Celebration at the El Paso County Coliseum, where Raiz Federal Credit… - [Cooperative Credit Union Association Completes Rebranding Initiative with Launch of Dynamic New Website](https://thecreditunionconnection.com/cooperative-credit-union-association-completes-rebranding-initiative-with-launch-of-dynamic-new-website/): The Cooperative Credit Union Association (CCUA) proudly announces the successful completion of… - [Auto Link Announces Q4 2023 Results](https://thecreditunionconnection.com/auto-link-announces-q4-2023-results/): Auto Link, a fintech and marketing company serving over 200 financial institutions, announced results for Q4 2023 today… - [Meritrust Credit Union Elevates The Digital Banking Experience For Its Members With Full Conversion To Constellation’s Digital Banking](https://thecreditunionconnection.com/meritrust-credit-union-elevates-the-digital-banking-experience-for-its-members-with-full-conversion-to-constellations-digital-banking/): Cloud-native digital banking services provider Constellation Digital Partners(Constellation) announced today that Wichita-based Meritrust Credit Union… - [Grow Financial Federal Credit Union Streamlines, Enhances Self-Service Banking Through NCR Atleos Partnership](https://thecreditunionconnection.com/grow-financial-federal-credit-union-streamlines-enhances-self-service-banking-through-ncr-atleos-partnership/): NCR Atleos Corporation today announced that Grow Financial Federal Credit Union has chosen… - [Corporate Central Celebrates Remarkable Achievement as 49 Employees Attain the CCUFC Designation](https://thecreditunionconnection.com/corporate-central-celebrates-remarkable-achievement-as-49-employees-attain-the-ccufc-designation/): Corporate Central is proud to announce that 49 dedicated employees successfully earned the prestigious Certified Credit Union Financial Counselor… - [THINK 24 Theme “Experience is Everything” Unveiled for Annual Event in Nashville](https://thecreditunionconnection.com/think-24-theme-experience-is-everything-unveiled-for-annual-event-in-nashville/): PSCU/Co-op Solutions today released new details for the upcoming THINK 24 conference… - [Jack Henry & Associates to Elevate Greg Adelson to CEO in July 2024](https://thecreditunionconnection.com/6h8kro9mbcqa748nwhijkjaf4p4w3b/): Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today an executive transition plan in which President and Chief Operating Officer Greg Adelson… - [Credit Unions Have Education and Opportunity Around Estate Planning](https://thecreditunionconnection.com/credit-unions-have-education-and-opportunity-around-wills-and-trusts/): By OneDigitalTrust Death and taxes are two of life’s inevitabilities for credit union members and everybody else. But being prepared is optional, and that means opportunity for member-owned financial cooperatives to help make a difference when it comes to members’ estate planning. A recent survey of more than 2,400 American adults conducted by YouGov for Caring.com found that only 34% had estate documents in place. The same survey found that people ages 18 to 34 are now 63% more likely to have an estate plan than they were in 2020. That points to growing interest from a sweet spot for […] - [Desert Financial Credit Union in Arizona Will Give Back $20 Million to its Members](https://thecreditunionconnection.com/desert-financialnbspcredit-union-in-arizonanbspwill-give-back-20-million-to-its-members/): Desert Financial Credit Union will share $20 million with its members as part of its annual Member Giveback Bonus… - [Tristate Collaboration, LLC Formalized to Create Value for Member Credit Unions](https://thecreditunionconnection.com/tristate-collaboration-llc-formalized-to-create-value-for-member-credit-unions/): The Minnesota Credit Union Network, Montana’s Credit Unions, and the Wisconsin Credit Union League have formalized… - [NCUA’s 2024 Supervisory Priorities](https://thecreditunionconnection.com/ncuas-2024-supervisory-priorities/): This letter outlines the NCUA’s supervisory priorities and other updates to the agency’s 2024 examination program… - [A New Chapter Begins for The Tennessee Credit Union](https://thecreditunionconnection.com/a-new-chapter-begins-for-the-tennessee-credit-union/): Celebrating 72 years of excellence, The Tennessee Credit Union (TTCU) is delighted to announce a pivotal milestone… - [Affinity Federal Credit Union Announces the Inaugural Wellbeing Awards](https://thecreditunionconnection.com/affinity-federal-credit-union-announces-the-inaugural-wellbeing-awards/): Affinity Federal Credit Union (“Affinity”) has announced that 2024 is the inaugural year for the Affinity Wellbeing Awards… - [Global Women’s Leadership Network Awards Four Scholarships](https://thecreditunionconnection.com/global-womens-leadership-network-awards-four-scholarships/): Global Women’s Leadership Network (GWLN) awarded four scholarships to credit union industry women, providing… - [Universal 1 Credit Union Unveils a Dynamic Brand Refresh](https://thecreditunionconnection.com/universal-1-credit-union-unveils-a-dynamic-brand-refresh/): Universal 1 Credit Union (U1) is excited to announce a brand refresh. After careful consideration and planning, we’ve… - [Plaintiff Appeals Dismissal of Negligence Lawsuit Against Navy Federal Credit Union, Wells Fargo After $3.6 Million of Elderly Veteran\'s Savings Allegedly Sent to Scam Artists](https://thecreditunionconnection.com/plaintiff-appeals-dismissal-of-negligence-lawsuit-against-navy-federal-credit-union-wells-fargo-after-36-million-of-elderly-veterans-savings-allegedly-sent-to-scam-artists/): A Washington state woman has filed an appeal with the U.S. Court of Appeals for the Fourth Circuit regarding her $3.6 million… - [Maryland’s Largest Credit Union SECU Goes Live On Scienaptic’s AI-Powered Credit Underwriting Platform](https://thecreditunionconnection.com/marylands-largest-credit-union-secu-goes-live-on-scienaptics-ai-powered-credit-underwriting-platform/): Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that it has successfully… - [Eltropy Streamlines In-Branch Experiences With New Lobby Management Capability](https://thecreditunionconnection.com/eltropy-streamlines-in-branch-experiences-with-new-lobby-management-capability/): Eltropy announced the launch of Lobby Management – a new capability to create better in-branch experiences. Part of… - [Halper Sadeh LLC Is Investigating Whether the Sale of First Financial Northwest Bank to Global Federal CU is Fair to Shareholders](https://thecreditunionconnection.com/halper-sadeh-llc-is-investigating-whether-the-sale-of-first-financial-northwest-bank-to-global-federal-credit-union-is-fair-to-shareholders/): Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of First Financial Northwest Bank… - [Federal Credit Union Operating Fee Schedule for 2024](https://thecreditunionconnection.com/federal-credit-union-operating-fee-schedule-for-2024/): The NCUA Board unanimously approved the agency’s 2024 operating and capital budgets at its December 2023 meeting… - [SchoolsFirst Federal Credit Union Sponsors First Annual Coastal Catholic Classic Basketball Showcase](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-first-annual-coastal-catholic-classic-basketball-showcase/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today… - [AKUVO Kicks off the New Year with 21 New Customers](https://thecreditunionconnection.com/akuvo-kicks-off-the-new-year-with-21-new-customers/): AKUVO, a technology organization that specializes in collections and credit risk, is pleased to announce that 21 new… - [Utah First Credit Union Welcomes Nicole Sherman as New Chief Operating Officer](https://thecreditunionconnection.com/utah-first-credit-union-welcomes-nicole-sherman-as-new-chief-operating-officer/): Utah First Credit Union is proud to announce the appointment of Nicole Sherman as its new Chief Operating… - [Two Portland-Area Credit Unions Announce Merger Agreement](https://thecreditunionconnection.com/two-portland-area-credit-unions-announce-merger-agreement/): Advantis Credit Union and Rivermark Community Credit Union have signed a merger agreement and plan to unite as one credit union! - [FORUM Credit Union Opens New Greenfield Branch Location](https://thecreditunionconnection.com/forum-credit-union-opens-new-greenfield-branch-location/): FORUM Credit Union is pleased to announce the opening of its newest location, the Greenfield Branch. - [America’s Credit Unions to Layoff 25% - 30% of Workforce ](https://thecreditunionconnection.com/americas-credit-unions-to-layoff-25-30-of-workforcenbsp/): America’s Credit Unions will implement layoffs of 25 - 30% of its workforce, according to a WARN Notice delivered… - [Nutmeg State Financial Credit Union and First Bristol Federal Credit Union Announce Plans to Merge](https://thecreditunionconnection.com/nutmeg-state-financial-credit-union-and-first-bristol-federal-credit-union-announce-plans-to-merge/): Nutmeg State Financial Credit Union (Nutmeg) and First Bristol Federal Credit Union (First Bristol) announced today… - [Pinwheel Collaborates with Jack Henry to Streamline Access to the Industry\'s Top Performing Direct Deposit Switching Solution](https://thecreditunionconnection.com/pinwheel-collaborates-with-jack-henry-to-streamline-access-to-the-industrys-top-performing-direct-deposit-switching-solution/): Pinwheel, the fintech helping banks win primacy by making direct deposit switching easy, announced today that… - [Co-op Credit Union Extends Longstanding Partnership with MDT, Adds Digital and Data Capabilities](https://thecreditunionconnection.com/co-op-credit-union-extends-longstanding-partnership-with-mdt-adds-digital-and-data-capabilities/): Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to… - [Global Credit Union Foundation donates $100,000 to Arizona nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-donates-100000-to-arizona-nonprofits/): Drivers and putters were in full swing for the annual Global Credit Union Foundation Fairway Friends Golf Tournament… - [Indiana Governor Appoints IU Credit Union’s Bryan Price to Indiana Department of Financial Institutions Board](https://thecreditunionconnection.com/indiana-governor-appoints-iu-credit-unions-bryan-priceto-indiana-department-of-financial-institutions-board/): Indiana Governor Eric Holcomb has appointed IU Credit Union President & CEO, Bryan Price, to the Indiana Department… - [Jaime Yates Named Assistant Vice President of Community Development at Service Credit Union](https://thecreditunionconnection.com/jaime-yates-named-assistant-vice-president-of-community-development-at-service-credit-union/): Service Credit Union is excited to announce that Jaime Yates, most recently community relations manager at Service… - [BankingON Raises Series A Funding Led by Eagle Venture Fund to Launch Boucoup, a Family Finance Mobile Banking Platform for Credit Unions](https://thecreditunionconnection.com/bankingon-raises-series-a-funding-led-by-eagle-venture-fund-to-launch-boucoup-a-family-finance-mobile-banking-platform-for-credit-unions/): BankingON, a provider of digital banking solutions, today announced it raised its Series A funding round led by Eagle… - [An Award in Excellence: Genisys Credit Union receives the Crystal Award from Raddon Financial Group](https://thecreditunionconnection.com/an-award-in-excellence-genisys-credit-union-receives-the-crystal-award-from-raddon-financial-group/): An honor that recognizes growth, financial stability, and efficiency, Genisys Credit Union received the Crystal Performance… - [Clearview Federal Credit Union Unveils Modernized, Future-Forward Rebrand​](https://thecreditunionconnection.com/clearview-federal-credit-union-unveils-modernized-future-forward-rebrand/): Clearview Federal Credit Union, a financial services staple in the Southwestern Pennsylvania region, with nearly… - [NCUA Advisory on Liquidity Risk Management](https://thecreditunionconnection.com/advisory-on-liquidity-risk-management/): Over the last year, the credit union system’s performance has been stable and resilient overall. The NCUA… - [University Credit Union Announces Partnership with University of Texas at Arlington Athletics](https://thecreditunionconnection.com/university-credit-union-announces-partnership-with-university-of-texas-at-arlington-athletics/): University Credit Union (UCU) is proud to announce its partnership with and dedicated support for University of Texas… - [Day Air Credit Union Receives Prestigious 2023 Award for Community Service](https://thecreditunionconnection.com/day-air-credit-union-receives-prestigious-2023-award-for-community-service/): Day Air Credit Union is honored to be the recipient of the 2023 Dora Maxwell Award, presented by the Ohio Credit Union… - [CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees](https://thecreditunionconnection.com/cfpb-proposes-rule-to-close-bank-overdraft-loophole-that-costs-americans-billions-each-year-in-junk-fees/): The Consumer Financial Protection Bureau (CFPB) today proposed a rule to rein in excessive overdraft fees charged… - [Elevations Credit Union Launches with Alkami\'s Online Retail, Business and Mobile Banking](https://thecreditunionconnection.com/elevations-credit-union-launches-with-alkamis-online-retail-business-and-mobile-banking/): Alkami Technology, Inc. announced today that Elevations Credit Union has launched Alkami\'s online business… - [Great River Federal Credit Union COO Named Prodigy’s 2024 GAC Scholarship Winner](https://thecreditunionconnection.com/great-river-federal-credit-union-coo-named-prodigys-2024-gac-scholarship-winner/): Shelly Janorschke-Nagel, COO of the $364.2 million Great River Federal Credit Union in Minnesota is getting the… - [Whitefish Credit Union Announces Record-High Dividend Payment](https://thecreditunionconnection.com/whitefish-credit-union-announces-record-high-dividend-payment/): Whitefish Credit Union, Montana’s largest credit union, proudly announces a landmark achievement in its 90-year… - [Michigan Legacy Credit Union announces annual patronage dividends, reflecting another benefit of credit union membership ](https://thecreditunionconnection.com/michigan-legacy-credit-union-announces-annual-patronage-dividends-reflecting-another-benefit-of-credit-union-membershipnbsp/): Carma Peters, president and CEO of Michigan Legacy Credit Union, a not-for-profit financial cooperative serving… - [The PSCU Payments Index: January 2024](https://thecreditunionconnection.com/the-pscu-payments-index-january-2024/): Today, PSCU published the January edition of the PSCU Payments Index, the goal of which is to provide information… - [OTIS Federal Credit Union Returns 7% Bonus Dividend and Interest Refund to Membership](https://thecreditunionconnection.com/otis-federal-credit-union-returns-7-bonus-dividend-and-interest-refund-to-membership/): OTIS Federal Credit Union is pleased to announce the return of a 7% Bonus Dividend and Interest Refund on January… - [21 Credit Unions Have Partnered With Origence for Tesla Lending](https://thecreditunionconnection.com/21-credit-unions-have-partnered-with-origence-for-tesla-lending/): FI Connect, Origence’s new subsidiary and its previously announced partnership with Tesla, has signed up 21 credit… - [Synergent Welcomes Randy Stolp as Its New President](https://thecreditunionconnection.com/synergent-welcomes-randy-stolp-as-its-new-president/): Synergent® is pleased to announce the appointment of Randy Stolp as its new President, effective January 22. Having… - [DFCU Financial Recognized as a Top Credit Union by Newsweek Magazine](https://thecreditunionconnection.com/dfcu-financial-recognized-as-a-top-credit-union-by-newsweek-magazine/): DFCU Financial has proudly secured its place among the nation\'s top credit unions, according to Newsweek magazine… - [Financial Center Reimagines Financial Wellness with Brand Refresh](https://thecreditunionconnection.com/financial-center-reimagines-financial-wellness-with-brand-refresh/): Financial Center, a leading Indiana credit union, has launched their refreshed brand and an ambitious new approach to financial wellness. After an internal rollout earlier in the week, the refreshed messaging and creative is now live in the Credit Union’s markets. The refreshed brand is centered around the slogan “Life Starts Here” – a nod to all of the unique first-time events Financial Center’s members and prospects experience over their lifetimes. From graduating college, to purchasing a home, to buying an engagement ring, the Credit Union highlights these ‘starts’ in their vibrant new brand messaging and imagery. Financial Center’s commitment […] - [St. Lawrence Federal Credit Union Signs Renewal Agreement with Synergent](https://thecreditunionconnection.com/st-lawrence-federal-credit-union-signs-renewal-agreement-with-synergent/): Synergent will deliver hosted Jack Henry Symitar core processing, integrated debit card services, statement processing, marketing, and additional solutions to St. Lawrence FCU Synergent® is pleased to announce St. Lawrence Federal Credit Unionhas signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar®core processing, Opening Act™, and iPay Consumer Bill Pay. “Synergent is a true partner and we are thrilled to renew our agreement with them,” shared Amber Taylor, President and CEO of St. Lawrence Federal Credit Union. “Their team is an extension of our own and we rely on them as trusted experts to deliver powerful products […] - [TopLine Financial Credit Union Members and Employees Bring Comfort to Those in Need This Winter](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-bring-comfort-to-those-in-need-this-winter/): TopLine’s Winter Gear Drive Benefits Local Communities TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their third annual Winter Gear Drive during the month of January benefitting local non-profits, African Education and Health Initiative, Avenues for youth, MORE Community Services and YMCA of the North Youth and Family Services. TopLine members and employees generously donated winter gear items of youth and adult size jackets, boots, gloves, hats, scarves, socks and more to help bring warmth to those in need in our local communities. Employees were able to participate by donating winter gear items and money in […] - [South Carolina Federal Opens New Financial Center in Five Forks](https://thecreditunionconnection.com/south-carolina-federal-opens-new-financial-center-in-five-forks/): South Carolina Federal Credit Union has opened its fourth financial center in the Greenville area at 2536 Woodruff Road in Simpsonville. The credit union\’s Five Forks location features two teller stations for account transactions, five offices for new account and lending needs, a self-service Online Banking kiosk, four drive-thru lanes, and 24/7 ATM access. The lobby features a large-scale photographic mural of downtown Greenville, paying homage to the beautiful Reedy River and River Place Bridge. \”We have served the Lowcountry for over 85 years, and continue to grow our presence in the Upstate, especially in Greenville,\” said Stacy Lomonaco, Five […] - [PSCU/Co-op Solutions Provides Erie Federal Credit Union with Card Processing Services and Support](https://thecreditunionconnection.com/pscuco-op-solutions-provides-erie-federal-credit-union-with-card-processing-services-and-support/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, proudly announces its collaboration with Erie Federal Credit Union (Erie FCU) to provide debit and credit card processing services and support. Established in 1936, Erie FCU has been a cornerstone in providing exceptional financial products to the communities of Erie and Crawford County, Pennsylvania. With more than 76,000 members and over $779 million in assets, Erie FCU is steadfast in its mission to responsibly deliver a range of financial services to meet the needs of its membership. The strategic choice to work […] - [Empowering Lenders: Scienaptic AI Integrates with Loan Director from Fiserv to Redefine Credit Decisioning](https://thecreditunionconnection.com/empowering-lenders-scienaptic-ai-integrates-with-loan-director-from-fiserv-to-redefine-credit-decisioning/): Scienaptic AI announced its integration with Loan Director from Fiserv, a provider of payments and… - [3 Ways to Boost Your Career When You’re Feeling Bored, Burned Out or Bitter](https://thecreditunionconnection.com/3-ways-to-boost-your-career-when-youre-feeling-bored-burned-out-or-bitter/): Jackie Brown, Founder, Shifting Success We’ve all been there – frustrating workdays that leave us bored, burned out or bitter. In fact, studies like the one from The Workforce Institute show us that at any given time, about half of the workforce is feeling bored. Burnout? About 30% of the workforce is already there. But what happens when these bad days keep stacking up? What if it’s more than a venting session with your spouse can fix? What if it’s a pattern of bad days? What if it’s affecting not just your work but also your personal life? Boredom, burnout […] - [SDCCU’s Nathan Schmidt, Named Among 2024 Men of Influence](https://thecreditunionconnection.com/sdccus-nathan-schmidt-named-among-2024-men-of-influence/): SD Metro Magazine honors San Diego’s elite business leaders San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is pleased to announce that Nathan Schmidt, SDCCU EVP, Chief Experience Officer and Digital Channels, was selected among the 2024 Men of Influence by San Diego Metro Magazine. The award recognizes individuals who lead the way in the business industry, helping to drive the local economy while making a difference in the community. Schmidt was selected for his outstanding leadership and demonstrated success at SDCCU. Under Schmidt’s leadership, SDCCU’s unique blend of products and services is paving […] - [CFPB Issues Revised Supervisory Appeals Process](https://thecreditunionconnection.com/cfpb-issues-revised-supervisory-appeals-process/): Streamlined rule details how financial institutions can appeal findings from supervisory examinations The Consumer Financial Protection Bureau (CFPB) issued a procedural rule updating the process by which financial institutions can appeal supervisory findings. The updated rule broadens the CFPB officials eligible to evaluate appeals, the options for resolving an appeal, the matters subject to appeal, and makes additional clarifying changes. The CFPB examines financial institutions for compliance with federal consumer financial law, and can help identify issues before they become systemic or cause significant harm. As with other supervisory agencies, CFPB examinations are confidential. The CFPB periodically publishes Supervisory Highlights, […] - [PSECU’s Debbie Houser Named to the YWCA Greater Harrisburg’s 2024 Tribute to Women of Excellence](https://thecreditunionconnection.com/psecus-debbie-houser-named-to-the-ywca-greater-harrisburgs-2024-tribute-to-women-of-excellence/): Debbie Houser, PSECU’s Digital Banking Program Manager, has been selected to receive the YWCA Greater Harrisburg’s 2024 Tribute to Women of Excellence award.  The Tribute to Women of Excellence award recognizes outstanding women in the Capital Region who devote time and energy to making the organizations and communities with which they’re affiliated better places to work and live.  As PSECU’s Chief Member Experience Officer and previous Woman of Excellence honoree, Barb Bowker depends on Debbie’s technical skills to deliver an essential member experience. Barb notes, “I wholeheartedly recommended Debbie for this award in recognition of her unwavering passion for women […] - [WEOKIE Federal Credit Union Names Kelly Baustert Chief Technology Officer](https://thecreditunionconnection.com/weokie-federal-credit-union-names-kelly-baustert-chief-technology-officer/): WEOKIE Federal Credit Union is proud to announce the recent promotion of Kelly Baustert from Vice… - [CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions](https://thecreditunionconnection.com/cfpb-report-finds-large-banks-charge-higher-credit-card-interest-rates-than-small-banks-and-credit-unions/): The Consumer Financial Protection Bureau (CFPB) today reported on the first set of results from the newly… - [Home Mortgage Disclosure Act Data Requirements](https://thecreditunionconnection.com/home-mortgage-disclosure-act-data-requirements/): If your credit union makes residential mortgage loans and meets all four criteria outlined below… - [NCUA Board Approves Updates to MDI Preservation Program](https://thecreditunionconnection.com/ncua-board-approves-updates-to-mdi-preservation-program/): The National Credit Union Administration Board held its second open meeting of 2024 and adopted… - [From Basics to Best Practices: CUES School of Business Lending Equips CUs for Success](https://thecreditunionconnection.com/from-basics-to-best-practices-cues-school-of-business-lending-equips-cus-for-success/): Credit union leaders looking to unlock the immense growth potential of a business lending program can turn to CUES® School of Business Lending, happening online April 1—October 31. One of CUES’ longest-standing professional development offerings, this program is facilitated by Jim Devine, Founder, Chairman and CEO, and Bob Hogan, Founder, President and COO, Hipereon, Inc.—the same experts who train state and federal examiners. Attendees learn the ins and outs of business lending, including innovative growth strategies and practices, ways to set a program up for maximum profitability, potential pitfalls to avoid, and unique risk considerations for differing industries. Throughout the […] - [Spreading The Love: The Community Partnership Foundation Grants York County Nonprofits $30,000 At Annual Luncheon ](https://thecreditunionconnection.com/spreading-the-love-the-community-partnership-foundationnbspgrantsnbspyork-countynbspnonprofits-30000-at-annual-luncheonnbsp/): Continuing its mission to drive positive change in its community, The Community Partnership Foundation (The CPF) awarded a total of $30,000 to 16 local nonprofits at its recent \”Spread the Love” luncheon. The CPF reviews and distributes grants twice a year, in the spring and fall, to York County organizations committed to advancing the quality of life in the region. Applicants must have a 501c3 status, or be obtaining one, and ensure the funds will be used in York County, S.C. “We are committed to making our community a better place for all,” said Rachel Leduc,president of The CPF and marketing manager at Family Trust Federal Credit Union. “Since ourinception in 2020, we have donated over $180,000 to local nonprofits that support […] - [Robert Wilson Awarded the Carolinas Credit Union Foundation Lifetime Achievement Award](https://thecreditunionconnection.com/robert-wilson-awarded-the-carolinas-credit-union-foundation-lifetime-achievement-award/): Robert Wilson, Senior Leadership Advisor & Community Advocate for Spero Financial, is awarded The Lifetime Achievement Award by the Carolinas Credit Union Foundation. The Lifetime Achievement Award honors an individual who has made a significant and lasting impact in the credit union industry. Robert was recognized at the Foundation’s Awards Gala in Charlotte, North Carolina on February 7, 2024. Brian McKay, President and CEO of Spero Financial, shared, “This is a tremendous honor, and one that Robert has earned through his years of work in the credit union industry and the Upstate community. Robert was one of the first leaders […] - [The PSCU Payments Index: February 2024](https://thecreditunionconnection.com/the-pscu-payments-index-february-2024/): PSCU –the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the February edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. 2024 has shown continued positive consumer spending trends – as credit card debt continues to rise. In the February 2024 edition of the PSCU Payments Index, we present a Deep Dive on credit card delinquency rates and credit card balances. The New York Federal Reserve published that Q4 […] - [Q2 Helps Fairwinds Credit Union Transform its Business Member Digital Experience](https://thecreditunionconnection.com/q2-helps-fairwinds-credit-union-transform-its-business-member-digital-experience/): Digital banking adoption surges with more than 80 percent of FAIRWINDS Credit Union’s business members enrolled upon implementing Q2’s digital banking platform Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, announced today that Q2 customer FAIRWINDS Credit Union (“FAIRWINDS”) has successfully increased its business member enrollment by more than 80 percent and grew its ACH transactions by more than 200 percent as a result of implementing Q2’s digital banking platform and its powerful suite of digital tools, including Centrix Exact/TMS™ Positive Pay and the Q2 Marketplace. Headquartered in Orlando, Florida, FAIRWINDS is a […] - [GTE Financial Opens Submissions For 13th Annual Scholarship Program](https://thecreditunionconnection.com/gte-financial-opens-submissions-for-13/): GTE Financial continues to support education in the Tampa Bay community with its 13th annual student scholarship program. The credit union will grant 26 students $3,000 each to support student members’ education and reward young adults dedicated to academic pursuits and community involvement. Individuals pursuing an undergraduate degree or trade school certificate canapply through June 2, 2024. “For the past 12 years, GTE Financial has awarded over $900,000 in scholarships to student visionaries to reach their educational goals,” said Brian Best, President and CEO of GTE Financial. “We are honored to be able to support the outstanding students who have […] - [Alkami Releases Research to Measure Digital Maturity in Financial Institutions](https://thecreditunionconnection.com/alkami-releases-research-to-measure-digital-maturity-in-financial-institutions/): Alkami Technology, Inc. today launched the Alkami Digital Sales & Service Maturity Model, based on… - [UMassFive Announces Seven Management Promotions](https://thecreditunionconnection.com/umassfive-announces-seven-management-promotions/): UMassFive College Federal Credit Union (UMassFive) is excited to announce recent management team promotions in late 2023 and early 2024: Assistant Vice President of the Contact Center, Katie Lawton; Remote Services Manager, Matt Eddy; Contact Center Manager, Sofia Serrazina; Northampton VA Medical Center Branch Manager, Emilee Proulx; Commercial Portfolio Manager, Dan Thies; Digital and Payment Services Manager, Christina Reynolds; and Account Services Manager, Tara Ann Hughes. Katie Lawton has been promoted to Assistant Vice President of the Contact Center. Katie began her career at UMassFive seven years ago, starting as a Contact Center Representative, then a Lead Contact Center Representative, […] - [FORUM Credit Union Announces New Executives](https://thecreditunionconnection.com/forum-credit-union-announces-new-executives/): Kristi Lowell Chief Marketing & Community Officer FORUM Credit Union announces the promotion of two of its senior leaders, Michelle Baker and Kristi Lowell. Baker has been promoted to Chief People Officer, moving into this role as Jenny Budreau prepares for a June retirement and moves into the role of Chief Transition Officer. Lowell has been promoted to Chief Marketing and Community Officer, a newly added position to FORUM’s executive team. Michelle Baker Chief People Officer Baker joined FORUM in 2015 as the Manager of Talent Development. She has led the department since 2019 and was promoted to Vice President […] - [First-of its-Kind Loan Readiness Platform, Parlay, Raises $1.3M to Offer Inclusive Access to Financial Resources for Small Businesses](https://thecreditunionconnection.com/first-of-its-kind-loan-readiness-platform-parlay-raises-13m-to-offer-inclusive-access-to-financial-resources-for-small-businesses/): Parlay, the first-of-its kind small business loan readiness platform, today announces the close of $1.3 million in pre-seed financing led by Fenway Summer. Other firms investing in the round include Hivers and Strivers Capital, Service Provider Capital, Capacity Capital, and Alumni Ventures, together with a follow-on investment from Techstars. Parlay was founded in 2022 by entrepreneur and military spouse Alex McLeod, West Point graduate and former U.S. Special Operations Command Innovation Officer Jay Long, and West Point graduate and former Army Ranger James Cho. Parlay partners with community banks and credit unions to enable financial inclusion and capital access for […] - [Fiserv Expands In-Person Bill Payment Network to NCR Atleos ATMs](https://thecreditunionconnection.com/fiserv-expands-in-person-bill-payment-network-to-ncr-atleos-atms/): Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology solutions, is expanding its CheckFreePay® network for in-person bill payment to include the ATM network of NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding financial access for financial institutions, retailers and consumers. Cash-preferred consumers will be able to pay a wide array of household bills simply and securely at thousands of ATM locations, including at top 10 U.S. retailers, grocery stores, convenience stores and pharmacies. “Our partnership with Fiserv benefits consumers, billers, and merchants and is another example of how Atleos is committed to innovating and expanding the transactions supported […] - [Former NCUA Chairman Rodney E. Hood Joins Zest AI\'s Board of Directors](https://thecreditunionconnection.com/former-ncua-chairman-rodney-e-hood-joins-zest-ais-board-of-directors/): Zest AI is honored to welcome the former National Credit Union Administration Board… - [Maine CUs\' Campaign for Ending Hunger Raises $1.2M in 2023](https://thecreditunionconnection.com/maine-cus-campaign-for-ending-hunger-raises-12m-in-2023/): At an event held on February 13 in Freeport, representatives from credit unions across Maine gathered… - [CU SOLUTIONS GROUP ISSUES STATEMENT ON RECENT CONTENT MANAGEMENT SYSTEM (CMS) VULNERABILITY](https://thecreditunionconnection.com/cu-solutions-group-issues-statement-on-recent-content-management-system-cms-vulnerability/): Today, CUSG is notifying its 275 Credit Union web services clients using CUSG’s proprietary content… - [Cooperative Credit Union Association Announces External Growth Program Partnership](https://thecreditunionconnection.com/cooperative-credit-union-association-announces-external-growth-program-partnership-1/): The Cooperative Credit Union Association (CCUA) proudly announces the successful completion of a strategic realignment aimed at enhancing member services and strengthening partnerships. This transformative initiative has resulted in the elevation of key individuals and the addition of a new executive to the leadership team. ·       Melissa Pomeroy, who previously served as the Chief Revenue Officer at CCUA, has recently advanced to the position of Executive Vice President and Chief Operating Officer, overseeing operational functions. ·       Dawn Roberts, formerly the Controller, has assumed the role of Vice President of Finance and Administration, taking charge of internal human resources matters, onboarding, […] - [Announcing CEO Executive Advisory Services for Credit Unions](https://thecreditunionconnection.com/announcing-ceo-executive-advisory-services-for-credit-unions/): Charles River CFO, is proud to announce the launch of its CEO Executive Advisory Services, designed specifically for Credit Unions and Community Banks. With financial institutions facing unique challenges in today\’s dynamic finance environment, this service aims to provide seasoned expertise and strategic guidance tailored to their specific needs. Charles River CFO\’s Executive Advisory Services are designed to foster effective board leadership, improve CEO performance, and offer appropriate responses to audit and examiner concerns. The new service can include: Board and Audit Committee training sessions Weekly CEO coaching calls Monthly strategic planning sessions All are tailored to each organization\’s unique […] - [Desert Financial Announces Changemakers NIL Program For Arizona Student-Athletes](https://thecreditunionconnection.com/desert-financial-announces-changemakers-nil-program-for-arizona-student-athletes/): Desert Financial Credit Union announces a new name, image and likeness (NIL) program, called Changemakers, with a focus on college athletes who excel in sports and community involvement. Desert Financial recruited five Arizona State University® (ASU®) student-athletes to serve as the first Changemakers. The inaugural roster of Changemakers includes: Frankie Collins, ASU Men\’s Basketball Kate Fitzgerald, ASU Women\’s Beach Volleyball Jada Mangahas, ASU Women\’s Gymnastics Jamiya Neal, ASU Men\’s Basketball Jaddan Simmons, ASU Women\’s Basketball \”Desert Financial is recognizing some of the most involved, community-minded student athletes at ASU to help promote positive change in our community,\” said Desert Financial Chief […] - [PSCU/Co-op Solutions Announces \"United in Vision\" Theme and Lineup for Member Forum 2024](https://thecreditunionconnection.com/pscuco-op-solutions-announces-united-in-vision-theme-and-lineup-for-member-forum-2024/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has announced the theme and programming for Member Forum 2024, which will be held April 10-12 in San Antonio at the JW Marriott San Antonio Hill Country Resort & Spa. Under the theme \”United in Vision,\” Member Forum will bring credit union professionals to the Lone Star State to discuss strategies for sustained growth and member engagement in the rapidly evolving payments landscape. With programming featuring industry experts, inspirational keynotes and other thought leaders, the highly anticipated event is designed to serve […] - [WFCU to Host Key Annual Events During GAC](https://thecreditunionconnection.com/wfcu-to-host-key-annual-events-during-gac/): WFCU, GWLN and WYCUP to share global insights about credit union industry Worldwide Foundation for Credit Unions (WFCU) and their two major networks, Global Women’s Leadership Network (GWLN) and World Young Credit Union Professionals Network (WYCUP), will host two key annual events featuring global perspectives and insights during America’s Credit Unions’ 2024 Governmental Affairs Conference (GAC) in Washington DC.   WFCU will host its third annual Cooperative Voices event on Sunday, March 3, 2024, at the International Spy Museum. The fundraising event gives WFCU Champions a look into how the Bridge the Gap campaign is helping credit unions bridge gaps in […] - [Nutmeg State Financial Credit Union and Cotribute Celebrate Over Two Years of Transformative Partnership](https://thecreditunionconnection.com/nutmeg-state-financial-credit-union-and-cotribute-celebrate-over-two-years-of-transformative-partnership/): Nutmeg State Financial Credit Union, a Rocky Hill, Conn.-based leading financial institution dedicated to serving its 43,000 members with innovative solutions with $565 assets, today announced the significant milestones achieved through its partnership with Cotribute, a pioneer in financial technology and an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships. This collaboration, spanning more than two years, has propelled Nutmeg to the forefront of digital banking, setting a new standard for member experiences and operational efficiency. John Holt, CEO of Nutmeg, said, “At Nutmeg, we envision a future where banking is not just a necessity but […] - [Mary Eyre Joins Cornerstone Advisors to Head Up Mergers and Acquisitions Practice](https://thecreditunionconnection.com/mary-eyre-joins-cornerstone-advisors-to-head-up-mergers-and-acquisitions-practice/): Cornerstone Advisors, a management and technology consultancy for banks, credit unions and… - [Critical Software Vulnerabilities Impacting Credit Unions Discovered by LMG Security Researcher: Immediate Action Recommended](https://thecreditunionconnection.com/critical-software-vulnerabilities-impacting-credit-unions-discovered-by-lmg-security-researcher-immediate-action-recommended/): LMG Security, a cybersecurity consulting firm, has discovered three new critical software vulnerabilities that… - [Congressman Zach Nunn Highlights Community Development Financial Institutions (CDFI) Bill With Iowa Credit Unions](https://thecreditunionconnection.com/congressman-zach-nunn-highlights-community-development-financial-institutions-cdfi-bill-with-iowa-credit-unions/): CDFI credit union hosts Nunn and his staff Congressman Zach Nunn joined Iowa credit union leaders and members at Veridian Credit Union’s downtown Ingersoll branch Monday morning to speak on his new bill, the Rural Credit Access Act of 2024. The bill would ensure Iowans and consumers across the country have greater access to Community Development Financial Institutions (CDFIs) and the programs they provide to underserved and low-income communities. “Community Development Financial Institutions or CDFIs, all share a common goal to expand economic opportunities in underserved communities by providing access to financial products and services,” said Murray Williams, President/CEO of […] - [Unitus Community Credit Union Opens New Branch at Cedar Hills Crossing](https://thecreditunionconnection.com/unitus-community-credit-union-opens-new-branch-at-cedar-hills-crossing/): Credit Union relocates Beaverton Branch to new facility at Cedar Hills Crossing Shopping Center Unitus Community Credit Union’s newest branch is now open at the Cedar Hills Crossing Shopping Center, located at 3215 SW Cedar Hills Blvd., Beaverton, OR 97005. This new branch is a relocation of the Unitus Beaverton Branch on Beaverton-Hillsdale Highway, which closed permanently on February 9. Unitus’ new Cedar Hills Crossing Branch will offer a drive-thru Virtual Teller Machine (VTM) and Saturday hours. The branch features a full range of financial services, including checking, savings, and retirement accounts; auto, business, equity and home loans; and personal […] - [World Credit Union Conference Announces 2024 Keynote Speakers](https://thecreditunionconnection.com/world-credit-union-conference-announces-2024-keynote-speakers/): Kanungo, Carayol and Dhawan to speak on main stage An impressive lineup of keynote speakers will share their unique insights with credit union leaders from around the globe during the 2024 World Credit Union Conference, to be held July 21-24, at the Boston Convention & Exhibition Center. Shawn Kanungo Shawn Kanungo, an innovation strategist, will lead the session “Strategy in a World of Disruption”, providing valuable perspectives on adapting to technological changes and evolving customer expectations. René Carayol, a globally recognized inclusive leadership speaker, will inspire attendees with his expertise in fostering inclusive and successful organizational cultures. Erica Dhawan, an […] - [MDI and Cooperativa Learning Centerand Grant Opportunity](https://thecreditunionconnection.com/mdi-and-cooperativa-learning-centerand-grant-opportunity/): In 2023, Inclusiv, a national network of 500 credit unions with a mission to assist low- and moderate-income individuals and communities, launched the New Majority Growth Initiative. This program aims to provide support to current leaders of Minority Depository Institutions (MDIs) in the mainland United States, U.S. Virgin Islands, and financial cooperatives (\”cooperativas\”) in Puerto Rico. The New Majority Growth Initiative provides direct financial resources through Inclusiv’s Racial Equity Grant Fund, and participants of the program have been engaged in group classes and consulting services to enhance the growth trajectory of MDIs and Cooperativas. Inclusiv has distributed over $2.5 million […] - [FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending](https://thecreditunionconnection.com/ffiec-issues-statement-on-examination-principles-related-to-valuation-discrimination-and-bias-in-residential-lending/): The Federal Financial Institutions Examination Council today issued a statement of principles related to valuation discrimination and bias for member entities to consider in their consumer compliance and safety and soundness examinations. The principles aid member entities in assessing whether their supervised institutions’ compliance and risk management practices are appropriate to identify and mitigate discrimination or bias in their residential property valuation practices. Financial institution supervisors routinely assess the risk management processes of institutions’ residential lending activity during both consumer compliance and safety and soundness examinations. Consumer compliance examinations focus on compliance with consumer financial protection laws and regulations, while […] - [Super Bowl Means Game On for Jovia Financial Credit Union](https://thecreditunionconnection.com/super-bowl-means-game-on-forjovia-financial-credit-union/): Credit Union Launches TV advertising and marketing blitz before, during and after the big game The Super Bowl offers a huge marketing playing field for companies and Jovia Financial Credit Union, one of the country’s top 100 credit unions, is “getting in the game.” The credit union is leveraging the media power of the big game to expand its brand with a 30-second regional Super Bowl television spot. Jovia Financial Credit Union is advancing its brand in a bold way by creating awareness of its mission with a very large viewing audience throughout the New York DMA. The new campaign shares […] - [Credit Unions’ Opportunities and Outlook for 2024](https://thecreditunionconnection.com/credit-unions-opportunities-and-outlook-for-2024/): 2024 already has credit unions looking forward to several things, from easing inflation and interest… - [Purdue Federal Credit Union Signs with United Solutions CUSO Collection Services](https://thecreditunionconnection.com/purdue-federal-credit-union-signs-with-united-solutions-cusocollection-services/): United Solutions Company (USC), a CUSO hosting core processing and other services for credit unions, announced… - [Affinity Federal Credit Union Celebrates Its First Class of Certified Wellbeing Coaches](https://thecreditunionconnection.com/affinity-federal-credit-union-celebrates-its-first-class-of-certified-wellbeing-coaches/): Affinity Federal Credit Union (“Affinity”) proudly announces the graduation of its inaugural class of… - [Operational Considerations to Give Credit Unions an Edge in 2024](https://thecreditunionconnection.com/operational-considerations-to-give-credit-unions-an-edge-in-2024/): By Paul Davis, Director of Market Intelligence, SRM A big challenge for credit unions will involve meeting the financial goals that management teams and boards set during last year\’s budgeting processes. This year brings myriad unknowns, such as legislative and regulatory intervention and an unclear economic trajectory. A surprise fourth-quarter loss from New York Community Bancorp tied to commercial real estate and multifamily issues is causing broader concern about credit quality. Bankers are formulating opinions on what areas they are most concerned about. A survey conducted by the Conference of State Bank Supervisors found that most community bankers view net […] - [Reliant Credit Union Empowers Employees to Give Back Through Helping People Achieve More Program](https://thecreditunionconnection.com/reliant-credit-union-empowers-employees-to-give-back-through-helping-people-achieve-more-program/): Reliant Credit Union reaffirms its commitment to the credit union philosophy “people helping people” with the continuation of its Helping People Achieve More program for the fourth year. Through this initiative, employees are allotted $100 each to donate to organizations or small businesses that could benefit from community support. In 2023, 86 Reliant employees demonstrated their dedication to making a positive impact by supporting 65 organizations and small businesses, surpassing the previous year\’s engagement. This remarkable participation is a result of Reliant\’s ongoing dedication to engaging and empowering employees to support local organizations, clubs, groups, and small businesses. \”The Helping […] - [Indiana Supreme Court Rules that a Credit Union Must Obtain Affirmative Consent of Members to Enforce Arbitration Clause](https://thecreditunionconnection.com/indiana-supreme-court-rules-that-a-credit-union-must-obtain-affirmative-consent-of-members-to-enforce-arbitration-clause/): Henry Meier, The Law Office of Henry Meier It just got harder for Indiana credit unions to enforce arbitration clauses against members suing them. In Tonia Land vs. IU Credit Union, the Indiana Supreme Court ruled that a credit union could not enforce an arbitration clause because its members did not affirmatively consent to be bound to the provision in an amended account agreement. The decision has no binding effects outside of the Hoosier state but could provide persuasive authority for other courts analyzing the validity of arbitration clauses. In 2019, the credit union sent its members a proposed modification […] - [Loan Origination Software Market projected to reach $12.2 billion by 2032, experiencing 10.2% growth](https://thecreditunionconnection.com/loan-origination-software-market-is-projected-to-achieve-a-value-of-122-billion-by-2032-experiencing-cagr-of-102/): Allied Market Research published a report, titled, \"Loan Origination Software Market by Component… - [Alliant Credit Union Partners with EveryoneOn and Visa to Bring Digital Equity to The Big Game](https://thecreditunionconnection.com/alliant-credit-union-partners-with-everyoneon-and-visa-to-bring-digital-equity-to-the-big-game/): Visa, Alliant Credit Union and EveryoneOn join forces with Nevada Partners to launch a state-of-the-art computer.. - [PSECU Named a Best Bank by Money.com](https://thecreditunionconnection.com/psecu-named-a-best-bank-by-moneycom/): Money.com, an online financial magazine, recently named PSECU to its list of Best Banks 2023-2024. PSECU was… - [Minnequa Works Credit Union Appoints New Chief Lending Officer](https://thecreditunionconnection.com/minnequa-works-credit-union-appoints-new-chief-lending-officer/): Minnequa Works Credit Union is thrilled to announce the appointment of Jeremiah Arellano as Chief Lending… - [State Department Federal Credit Union Welcomes Nicole Bowen as New Chief Risk Officer](https://thecreditunionconnection.com/state-department-federal-credit-union-welcomes-nicole-bowen-as-new-chief-risk-officer/): State Department Federal Credit Union (SDFCU) is pleased to announce the appointment of Nicole Bowen as its new… - [Eltropy reaches 40+ strategic partnerships and integrations with tech leaders](https://thecreditunionconnection.com/eltropy-reaches-40-strategic-partnerships-and-integrations-with-tech-leaders/): Eltropy, the leading AI-powered conversations platform for credit unions and community banks (CFIs), announced… - [America’s Credit Union Museum Honors Former Board Chair With Dedication of New Exhibit Hall](https://thecreditunionconnection.com/americas-credit-union-museum-honors-former-board-chair-with-dedication-of-new-exhibit-hall/): America’s Credit Union Museum (ACUM) is proud to announce the dedication of its main exhibit hall in honor of Gordon A. Simmons, visionary leader, and former board chair who served the Museum for more than a decade during its formative years. A passionate advocate for preserving the credit union movement\’s history, Simmons’ dedication and significant gift towards future expansion and upkeep of exhibition spaces made the hall naming possible. The \”Gordon A. Simmons Exhibit Hall\” officially opened on February 7, 2024. “With profound gratitude, we dedicate this exhibit space in honor of Gordon A. Simmons,” said Stephanie Smith, executive director […] - [Bankcard Balances Surpass $1 Trillion as Millennials Increasingly Turn to Cards](https://thecreditunionconnection.com/bankcard-balances-surpass-1-trillion-as-millennials-increasingly-turn-to-cards/): Q4 2023 TransUnion Credit Industry Insights Report explores the latest U.S. credit trends Findings from the newly released Q4 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) reveal that credit card debt is at a historical high, driven in part by Millennials further building on their credit portfolios. This comes at a time when an anticipated reduction in interest rates over the course of the coming year may open up new avenues to more affordable credit. Bankcard balances reached a new record in Q4 2023, surpassing the $1 Trillion mark for the first time on the back […] - [CFPB Secures $12 Million From Ringleaders of Foreclosure Relief Scam](https://thecreditunionconnection.com/cfpb-secures-12-million-from-ringleaders-of-foreclosure-relief-scam/): The Consumer Financial Protection Bureau (CFPB) today announced that it resolved an appeal in a long-running enforcement suit against a foreclosure relief scam operation for $12 million in consumer redress and penalties. Consumer First Legal Group, LLC and four attorneys, Thomas G. Macey, Jeffrey J. Aleman, Jason Searns, and Harold E. Stafford, charged millions of dollars in illegal advance fees to financially-distressed homeowners for legal representation the defendants promised but did not provide. This case was part of a coordinated effort against various foreclosure relief scam operations by the CFPB, Federal Trade Commission (FTC), and 15 states in 2014. The […] - [AFFCU Names Senior Vice President & CFO](https://thecreditunionconnection.com/affcu-names-senior-vice-president-amp-cfo/): Air Force Federal Credit Union (AFFCU) is pleased to announce the appointment of Ricardo “Ric” Ledezma as its Senior Vice President and Chief Financial Officer. Ledezma joined AFFCU as CFO in September of 2022, later taking on the leadership and strategic direction of the Credit Solutions, Risk Management, and Information Technology functions of the credit union. “Ric’s leadership during this time of transformation has been invaluable,” said Ryan Ross, CEO. \”He served an instrumental role in developing the growth strategy for the credit union and played an integral part in securing our upcoming, state-of-the-art headquarters.” Ledezma brings many years of […] - [Revenued Forges First Neobank Partnership with Found to Drive Innovation and Fuel Business Growth](https://thecreditunionconnection.com/revenued-forges-first-neobank-partnership-with-found-to-drive-innovation-and-fuel-business-growth/): New partnership signifies a transformative step towards democratizing financial services for small businesses Revenued, a leading fintech that helps small businesses simplify the process of managing business finances, today announced the company\’s first neobank partnership with Found, a fintech company on a mission to make self-employment easier. The new and strategic partnership will address the significant challenges today\’s small businesses face such as access to capital and give owners an opportunity to establish a separate business account to qualify for Revenued products. Revenued offers small business owners access to capital, which has historically been a significant hurdle for small business owners to overcome. Initial Revenued analysis, however, showed that more than 2,000 small businesses each month were unqualified for a Revenued product because they did not yet have a dedicated business bank account. The partnership with Found will help bridge this gap; Found will offer small businesses exclusive incentives to set up business bank accounts through their platform, which will in turn then help […] - [NCUA and CDFI Fund to Co-Host Feb. 29 Webinar on Certification Application](https://thecreditunionconnection.com/ncua-and-cdfi-fund-to-co-host-feb-29-webinar-on-certification-application/): Credit unions interested in certification as Community Development Financial Institutions can learn about the application process on a February 29 webinar hosted by the National Credit Union Administration and the Community Development Financial Institutions Fund. Online registration for this webinar, “The Revised CDFI Certification Application,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and run approximately 60 minutes. Staff from the NCUA and the CDFI Fund will discuss the requirements of the revised CDFI Certification Application, including updates to the Application FAQs and available new materials. The webinar will include a question-and-answer session. Attendees are […] - [MeridianLink Software Helps A+ Federal Credit Union Boost Loan Volume](https://thecreditunionconnection.com/meridianlink-software-helps-a-federal-credit-union-boost-loan-volume/): MeridianLink, Inc. has announced that A+ Federal Credit Union (A+FCU) has selected MeridianLink® to update… - [Horizons North Credit Union Board Announces Bradley H. Harvey\'s Planned Retirement as President and CEO](https://thecreditunionconnection.com/horizons-north-credit-union-board-announces-bradley-h-harveys-planned-retirement-as-president-and-ceo/): The Board of Directors for Horizons North Credit Union would like to officially announce that long-time… - [Iowa Credit Union Foundation Invested Over $165,000 to Support Financial Well-Being of Iowans in 2023](https://thecreditunionconnection.com/iowa-credit-union-foundation-invested-over-165000-to-support-financial-well-being-of-iowans-in-2023/): The Iowa Credit Union Foundation (ICUF), the philanthropic arm of the Iowa Credit Union League, invested… - [Gemineye and Quorum Federal Credit Union Celebrate Five-Year Anniversary](https://thecreditunionconnection.com/gemineye-and-quorum-federal-credit-union-celebrate-five-year-anniversary/): The team at Gemineye (formerly The Knowlton Group) is excited to announce their five-year… - [Maine State Credit Union to Open New Operations Center in Farmingdale](https://thecreditunionconnection.com/maine-state-credit-union-to-open-new-operations-center-in-farmingdale/): Maine State Credit Union is excited to announce the expansion of its back-office operations to a new… - [Trellance Earns Certification on CECL Tool](https://thecreditunionconnection.com/trellance-earns-certification-on-cecl-tool/): Trellance, a leading technology partner providing innovative analytics, cloud and talent solutions to credit… - [Southern Cross Credit Union Boosts Customer Engagement with Vonage Fusion](https://thecreditunionconnection.com/southern-cross-credit-union-boosts-customer-engagement-with-vonage-fusion/): Vonage has been chosen by Southern Cross Credit Union (SCCU), a community-based organization… - [OPN® and Sharetec Partner to Deliver Instant Payments to Credit Unions](https://thecreditunionconnection.com/opn-and-sharetec-partner-to-deliver-instant-payments-to-credit-unions/): Open Payment Network (OPN), the provider of a secure technology platform that enables instant payments… - [Addition Financial Credit Union Extends Central FL Healthcare Support Through Seminole State College Nursing Program Partnership](https://thecreditunionconnection.com/addition-financial-credit-union-extends-central-fl-healthcare-support-through-seminole-state-college-nursing-program-partnership/): Addition Financial Credit Union expanded its commitment to Central Florida’s healthcare industry this… - [WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations](https://thecreditunionconnection.com/woccu-hub-c-initiative-allows-credit-unions-to-test-digital-innovations/): In the boldest step put forth yet to achieve its Challenge 2025 goals, World Council of Credit Unions… - [Glia Challenges Dated CCaaS Paradigm with Unified Interaction Management](https://thecreditunionconnection.com/glia-challenges-dated-ccaas-paradigm-with-unified-interaction-management/): Glia, an omnichannel B2C communications company, today introduced Unified Interaction Management (UIM). This new customer experience model integrates all interactions on a single platform—architected to eliminate the data and context gaps that result from channel-switching in customer interactions. UIM replaces the disparate Contact Center as a Service (CCaaS) approach—siloed digital solutions built upon a legacy telephony platform—to drive efficiency, reduce redundancy and improve the customer experience. “Businesses that shift from channel management to Unified Interaction Management put their customers at the center of each experience, ensuring fluid movement across interaction channels to accelerate resolution,” said Dan Michaeli, CEO and Co-Founder […] - [Mahalo Banking Reimagines the Software Development Toolkit (SDK)](https://thecreditunionconnection.com/2kg2s78tgtzov4qfu7zzgm9tuth0kb/): Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, announced today the next generation of its Software Development Kit (SDK), designed to elevate the capabilities of credit unions and their vendor partners. This new SDK provides enhanced flexibility, seamless integration, and a suite of features that cater to diverse user experiences. Mahalo\’s enhanced SDK offers powerful features, including support for a versatile landing page widget, a dynamic full-page display, and a unique ability to use a combination widget to full page option. To ensure compatibility with the latest development technologies, the SDK supports all development languages […] - [ORNL FCU Welcomes Wendy Ward, General Counsel & Chief Risk Officer](https://thecreditunionconnection.com/ornl-fcu-welcomes-wendy-ward-general-counsel-amp-chief-risk-officer/): ORNL Federal Credit Union (ORNL FCU) recently announced the appointment of Wendy Ward as General Counsel &… - [RT Federal Credit Union is the latest to offer The Berenstain Bears Financial Literacy Program](https://thecreditunionconnection.com/rt-federal-credit-union-is-the-latest-to-offer-the-berenstain-bears-financial-literacy-program/): Credit Union Network for Financial Literacy (CUNFL) is pleased to announce RT Federal Credit Union, Rome… - [Oregon State Credit Union Selects Bankjoy’s Online Account Opening & Online Loan Application to Fuel Continued Growth](https://thecreditunionconnection.com/oregon-state-credit-union-selects-bankjoys-online-account-opening-amp-online-loan-application-to-fuel-continued-growth/): Oregon State Credit Union has partnered with leading digital banking provider, Bankjoy to deliver a… - [NCUA Chairman Todd M. Harper Speaks at the Brookings Institution Today](https://thecreditunionconnection.com/ncua-chairman-todd-m-harper-speaks-at-the-brookings-institution-today/): National Credit Union Administration Chairman Todd M. Harper spoke today at the “Agenda for Credit Union… - [Nearly 40% of Credit Unions Expect Auto Finance Portfolio Growth in 2024, But Most Expect Liquidity Crisis to Continue through First Half of 2024](https://thecreditunionconnection.com/nearly-40-of-credit-unions-expect-auto-finance-portfolio-growth-in-2024-but-most-expect-liquidity-crisis-to-continue-through-first-half-of-2024/): Credit Union worries about liquidity will continue into 2024, according to Credit Union Leasing of… - [PSCU/Co-op Solutions Launches New Buy Now, Pay Later Solution Across Legacy Co-op Payments Ecosystem](https://thecreditunionconnection.com/pscuco-op-solutions-launches-new-buy-now-pay-later-solution-across-legacy-co-op-payments-ecosystem/): Credit card issuers that process with legacy Co-op Solutions now can offer their cardholders a new buy now, pay… - [New Study Finds Majority of Community Financial Institutions Optimistic About 2024 Despite Economic and Regulatory Challenges](https://thecreditunionconnection.com/new-study-finds-majority-of-community-financial-institutions-optimistic-about-2024-despite-economic-and-regulatory-challenges/): Cornerstone Advisors announced today the release of its highly anticipated study, What\'s Going On In… - [Texas Trust Gives $80,000 in Grants to North Texas School Educators](https://thecreditunionconnection.com/texas-trust-gives-80000-in-grants-to-north-texas-school-educators/): rom preschool readiness to cutting-edge high school health sciences, Texas Trust Credit Union, through its… - [Industry Veteran Launches New Initiative to Match Small Business and Credit Unions](https://thecreditunionconnection.com/industry-veteran-launches-new-initiative-to-match-small-business-and-credit-unions/): Mike Hales, former president of venerable consulting firm Counter Intelligence Associates, partner… - [TDECU Announces Two New Board Members](https://thecreditunionconnection.com/tdecu-announces-two-new-board-members/): TDECU is preparing for a year of unparalleled growth and improving the Member experience to help… - [SavvyMoney Celebrates Momentous Growth and Impact in 2023](https://thecreditunionconnection.com/savvymoney-celebrates-momentous-growth-and-impact-in-2023/): SavvyMoney, a leading provider of personalized financial management tools, celebrates a monumentaL… - [Cornerstone Foundation Announces Partnership with Money Habitudes](https://thecreditunionconnection.com/cornerstone-foundation-announces-partnership-with-money-habitudes/): Cornerstone Foundation, Cornerstone League’s 501 (c)(3) organization, has announced a partnership with… - [Still Time to Register for Feb. 8 Supervisory Priorities Webinar](https://thecreditunionconnection.com/still-time-to-register-for-feb-8-supervisory-priorities-webinar/): There is still time to register for the National Credit Union Administration’s webinar on the NCUA’s 2024… - [Robins Financial Credit Union Gives $3,000 to Sponsor the Conyers Cherry Blossom Festival](https://thecreditunionconnection.com/robins-financial-credit-union-gives-3000-to-sponsor-theconyers-cherry-blossom-festival/): Robins Financial Credit Union announces its contribution of $3,000 to the 42nd Annual Conyers Cherry… - [Patriot Federal Credit Union Embraces AI Innovation with Scienaptic AI for Underwriting Transformation](https://thecreditunionconnection.com/patriot-federal-credit-union-embraces-ai-innovation-with-scienaptic-ai-for-underwriting-transformation/): Scienaptic AI announced today that Patriot Federal Credit Union has chosen to implement its AI-powered… - [Bellco Federal Credit Union Members Vote Yes to Merger with First Commonwealth Federal Credit Union](https://thecreditunionconnection.com/bellco-federal-credit-union-members-vote-yes-to-merger-with-first-commonwealth-federal-credit-union/): Bellco Federal Credit Union announced today that its members voted to move forward with a merger… - [Advisory Boards Can Serve as a Strategic Advantage for CDFI Credit Unions](https://thecreditunionconnection.com/advisory-boards-can-serve-as-a-strategic-advantage-for-cdfi-credit-unions/): Accountability is critical when obtaining or maintaining a Community Development Financial… - [Looking for few good credit unions - four to be exact](https://thecreditunionconnection.com/looking-for-few-good-credit-unions-four-to-be-exact/): Yesterday I sat in on a presentation of Filene’s Entrepreneurial Ecosystems Incubator led by… - [People\'s Credit Union Supports \'Light Up the Nights\' Campaign for Portsmouth Little League](https://thecreditunionconnection.com/peoples-credit-union-supports-light-up-the-nights-campaign-for-portsmouth-little-league/): People\'s Credit Union donates $750 to support a light installation for the Portsmouth Little League\'s Sherman… - [Why your credit union needs to care about Chevron deference](https://thecreditunionconnection.com/why-your-credit-union-needs-to-care-about-chevron-deference/): Chevron has been critical for credit unions in cases like ABA v NCUA By Henry C. Meier, Esq., The Law Office of Henry C. Meier, Esq. The CFPB’s decision to propose new conditions on “very large” financial institutions providing overdraft services wasn’t the only big news this week. The Supreme Court heard oral arguments in a case that could, depending on how it is decided, have profound implications for the ability of federal administrative agencies, including the NCUA and the CFPB, to promulgate regulations. Relentless, Inc. v. Dept. of Commerce is a case I have commented on frequently in the […] - [UNFCU Foundation Announces 2024 Grants that Invest in Projects Tackling Poverty](https://thecreditunionconnection.com/unfcu-foundation-announces-2024-grants-that-invest-in-projects-tackling-poverty/): UNFCU Foundation announced that this year it is providing $645Kto 19 grant partners on three… - [Westerra Credit Union Named on Newsweek’s 2024 America\'s Best Regional Banks and Credit Unions List](https://thecreditunionconnection.com/westerra-credit-union-named-on-newsweeks-2024-americas-best-regional-banks-and-credit-unions-list/): Westerra Credit Union has been named one of the “Best Regional Credit Unions” in Newsweek’s annual… - [Buy Now Pay Later Market Driven by 45.7% CAGR: Future Growth Envisages Revenue of USD 3.98 Trillion by 2030](https://thecreditunionconnection.com/buy-now-pay-later-market-driven-by-457-cagr-future-growth-envisages-revenue-of-usd-398-trillion-by-2030/): The main purpose of buy now pay later is to eliminate the need to make payment for items at… - [Union Credit Marketplace Brings Next Generation of Members to Credit Unions](https://thecreditunionconnection.com/union-credit-marketplace-brings-next-generation-of-members-to-credit-unions/): Union Credit celebrates a successful first year of business. The marketplace has been a game-changer for… - [REPAY Integrates with Lexop to Provide Seamless Payments for Credit Unions](https://thecreditunionconnection.com/repay-integrates-with-lexop-to-provide-seamless-payments-for-credit-unions/): Repay Holdings Corporation today announced a new technology integration with Lexop, a… - [Rhyze Solutions Taps SS&C to Scale Loan Servicing Operation](https://thecreditunionconnection.com/rhyze-solutions-taps-ssampc-to-scale-loan-servicing-operation/): SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Rhyze Solutions, a Credit Union… - [U.S. Eagle Federal Credit Union Expands Partnership with PSCU/Co-op Solutions to Include Card Processing Services](https://thecreditunionconnection.com/us-eagle-federal-credit-union-expands-partnership-with-pscuco-op-solutions-to-include-card-processing-services/): PSCU/Co-op Solutions is pleased to announce its expanded partnership with U.S. Eagle Federal Credit… - [LSCU Honors Georgia State Senator Jason Estevesas 2023 Lawmaker of the Year](https://thecreditunionconnection.com/lscu-honors-georgia-state-senator-jason-estevesas-2023-lawmaker-of-the-year/): The League of Southeastern Credit Unions (LSCU) proudly recognizes Georgia State Senator… - [Zelle soars with $806 billion transaction volume, up 28% from prior year](https://thecreditunionconnection.com/zelle-soars-with-806-billion-transaction-volume-up-28-from-prior-year/): 120 million consumer and small business accounts used Zelle® in 2023 Early Warning Services, LLC, the network operator of Zelle®, drove the popular person-to-person (P2P) service to new heights in 2023 as it provided financial empowerment for millions of Americans, grew its network reach, and led the industry in scam reimbursement efforts. 2023 highlights: Consumers and small businesses sent 2.9 billion transactions totaling $806 billion in 2023, both up 28% year-over-year. 120 million consumer and small business user accounts leveraged Zelle through their financial institution in 2023. Q4 2023 was the largest quarter to date, with users transacting more than […] - [Marella Nardotti Joins State Department Federal Credit Union as Chief Marketing Officer](https://thecreditunionconnection.com/marella-nardotti-joins-state-department-federal-credit-union-as-chief-marketing-officer/): State Department Federal Credit Union (SDFCU) is pleased to announce Marella Nardotti as its new Chief Marketing Officer. Marella brings a wealth of knowledge and expertise to her new role at SDFCU with nearly two decades of experience leading marketing, branding, and growth strategies in the financial services industry. Prior to joining SDFCU, Marella served as Chief Marketing Officer at NextMark Credit Union. Her proven track record of developing and executing successful marketing campaigns, driving member engagement, and managing financial literacy will play a critical role in advancing SDFCU and delivering on its mission. Marella expressed her excitement, stating, \”I am […] - [Jack Henry™ Announces New Annual Award Recognition](https://thecreditunionconnection.com/jack-henry-announces-new-annual-award-recognition/): Cobalt Award will recognize financial institutions and fintechs\’ commitment and innovation Jack Henry™ (Nasdaq: JKHY) announces the Cobalt Awards, a new award program that celebrates financial institution and fintech innovation, dedication to people and communities, and a passion for reducing barriers to financial freedom. 2024 is the first year of this program. The Cobalt Awards are an opportunity for financial institutions and fintechs to be acknowledged for their creativity and imagination while also giving back to their communities. This initiative aims to inspire, motivate, and strengthen relationships by showcasing success stories. There are three award categories: The Barrier Breaker – Recognizes one […] - [CU*Answers and Bonifii to launch MemberPass biometric authentication solution for CU*BASE credit unions](https://thecreditunionconnection.com/cuanswers-and-bonifii-to-launch-memberpass-biometric-authentication-solution-for-cubase-credit-unions/): Cooperative CUSO CU*Answers recently announced that Bonifii’s state-of-the-art biometric authentication technology will soon… - [J. Scott Sullivan Honored for Visionary Leadership by AACUL](https://thecreditunionconnection.com/j-scott-sullivan-honored-for-visionary-leadership-by-aacul/): Nebraska Credit Union League President/CEO J. Scott Sullivan was recognized with the 2024 Eugene H. Farley League Leadership Award by the American Association of Credit Union Leagues (AACUL) on Saturday evening. This prestigious award honors a credit union league/association executive who has demonstrated visionary leadership at the state and national levels. This includes delivering superior results organizationally and financially, developing services and programs for credit unions, and focusing on cooperation within the credit union system. It also represents personal values and commitment to purpose and integrity, as well as exhibiting substantial participation as a leader and cooperator. Sullivan was visible […] - [Diana Dykstra Honored for Visionary Leadership by AACUL](https://thecreditunionconnection.com/diana-dykstra-honored-for-visionary-leadership-by-aacul/): Diana Dykstra, president/CEO of the California and Nevada Credit Union Leagues, was recognized with the 2024 Eugene H. Farley League Leadership Award by the American Association of Credit Union Leagues (AACUL) on Saturday evening. This prestigious award honors a credit union league/association president who has demonstrated visionary leadership at the state and national levels. This includes delivering superior results organizationally and financially, developing services and programs for credit unions, and focusing on cooperation within the credit union system. It also represents personal values and commitment to purpose and integrity, as well as exhibiting substantial participation as a leader and cooperator. […] - [FedFinancial Credit Union Adds BNPL to its Host of Services With Equipifi](https://thecreditunionconnection.com/the-cu-connection-interview-with-fedfinancial-and-equipifi/): Buy now, pay later has become increasingly popular in recent years. As its use only continues to grow, credit unions will need to be ready to provide the option for this type of financing for members who need it. This is what FedFinancial Federal Credit Union has done with the help of its new partner, Equipifi. Sarah Snell Cooke, our publisher/co-founder, sat down to talk with FedFinancial COO JJ Johnson, FedFinancial Director of Lending Carlton Brooks and Equipifi Founder Bryce Deeney to discuss this new partnership and the importance of BNPL. FedFinancial Federal Credit Union, which serves federal employees and […] - [Pam Leavitt Honored for Visionary Leadership by AACUL](https://thecreditunionconnection.com/pam-leavitt-honored-for-visionary-leadership-by-aacul/): Pam Leavitt, senior vice president of regional grassroots/political programs and legislative affairs for Oregon with the GoWest Credit Union Association, was recognized with the 2024 Eugene H. Farley League Leadership Award by the American Association of Credit Union Leagues (AACUL) on Saturday evening. This prestigious award honors a credit union league/association executive who has demonstrated visionary leadership at the state and national levels. This includes delivering superior results organizationally and financially, developing services and programs for credit unions, and focusing on cooperation within the credit union system. It also represents personal values and commitment to purpose and integrity, as well […] - [Financial Center Recognized as a 2024 Best Place to Work in Indiana](https://thecreditunionconnection.com/financial-center-recognized-as-a-2024-best-place-to-work-in-indiana/): Local Credit Union Prioritizes Fulfillment, Belonging and Happiness for Employees Financial Center is thrilled to announce its recent recognition as one of the 2024 Best Places to Work in Indiana. This accolade, awarded by the Indiana Chamber of Commerce, displays the Credit Union’s commitment to not only being an exceptional place to bank, but also an exceptional place to work. For the nearly 200 team members of the Indianapolis-based Credit Union, their employee experience is centered around three key principles instilled by its President and CEO, Cam Minges – fulfillment, belonging, and happiness. “When these three basic principles are met,” […] - [John Sackett Named National Credit Union Foundation Board Chair](https://thecreditunionconnection.com/john-sackett-named-national-credit-union-foundation-board-chair/): The National Credit Union Foundation (the Foundation) has elected Royal Credit Union Board Member, John Sackett, to serve as Chair of the Foundation’s Board of Directors. Sackett joined the Foundation Board in 2016 and served as Secretary in 2020 and Vice Chair from 2021-2023.  “We’re honored to have John, a long-time board member and committed credit union advocate, steward the Foundation’s Board of Directors,” stated Gigi Hyland, Executive Director of the National Credit Union Foundation. “I am humbled to have been elected by my fellow board members to serve as Chair,” shared Sackett. “I look forward to continuing to support […] - [NCUA Charters New Jersey State PBA Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-new-jersey-state-pba-federal-credit-union/): Credit Union Will Serve Employees and Members of the New Jersey State Policemen’s Benevolent Association The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to New Jersey State PBA Federal Credit Union in Woodbridge, New Jersey. “Law enforcement professionals have distinct financial needs, and the New Jersey State PBA Federal Credit Union will develop affordable products and services tailored to meet them,” NCUA Chairman Todd M. Harper said. “In this way, the New Jersey State PBA Federal Credit Union will play a unique role in strengthening its community and supporting those who protect and […] - [WFCU Highlights New Recovery Effort for Ukraine at 3rd Annual Cooperative Voices Event at GAC](https://thecreditunionconnection.com/wfcu-highlights-new-recovery-effort-for-ukraine-at-3rd-annual-cooperative-voices-event-at-gac/): African credit union officials also address Champions at International Spy Museum Worldwide Foundation for Credit Unions’ (WFCU) presented its Champions with news about a new pilot program to help credit unions in Ukraine recover and rebuild after enduring two-plus years of Russia’s full-scale war at its third annual Cooperative Voices event. Alisa Stetsyshyn, a Ukrainian national who serves as a grant consultant for WFCU, provided details about the $50,000 pilot recently launched in war-torn areas like her hometown of Kharkiv. Located near the Russian border in the far northeast of Ukraine, the country’s second-largest city continues to be devastated by […] - [Ben Whitford Promoted to Accounting Manager at Reliant Credit Union](https://thecreditunionconnection.com/ben-whitford-promoted-to-accounting-manager-at-reliant-credit-union/): Reliant Credit Union is pleased to announce the promotion of Ben Whitford to Accounting Manager. Reliant strives to offer interesting and rewarding work for all employees and takes pride in helping to foster employee growth and development. Mr. Whitford joined the credit union in 2009 and has held the roles of Teller, Teller Supervisor, AP/Fixed Asset Accountant, and, most recently, Senior Accountant – Corporate. Through his experience on the accounting team, he gained a strong working knowledge of the roles and functions of the department. In his new role, Mr. Whitford will ensure that the credit union’s comprehensive set of […] - [Free Educational Resources provided by SDCCU for National Credit Education Month](https://thecreditunionconnection.com/free-educational-resources-provided-by-sdccu-for-national-credit-education-month/): Join us for a series of webinars focused on credit education as part of SDCCU’s Financial Wellness Wednesdays San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is committed to helping educate the community by offering free educational resources for National Credit Education Month. Throughout the month of March, SDCCU will present free weekly webinars aimed at educating the community on the basics of credit and how financial management can impact credit scores. Webinar topics include: Understanding Credit Reports, Preventing Identity Theft & Scams, Understanding Your Spending and Financial Behaviors, Current Scams and How to […] - [Credit Union House Hall of Leaders Inducts 16 Credit Union Champions](https://thecreditunionconnection.com/credit-union-house-hall-of-leaders-inducts-16-credit-union-champions/): Sixteen credit union champions were inducted into the Credit Union House Hall of Leaders in honor of their significant contributions to the credit union industry. The ceremony took place at the Marriott Marquis on Sunday, March 3. Members of the Hall of Leaders are exceptional individuals that have dedicated their lives to perpetuating the credit union mission and philosophy.   “The Credit Union House Hall of Leaders is a unique opportunity to recognize individuals who have made incredible contributions and have had a tremendous influence on our movement at the local, state, or national level,” said Patrick La Pine, Credit Union […] - [What Credit Unions Can Learn From Yellowstone National Park That Turns 152 Today](https://thecreditunionconnection.com/what-credit-unions-can-learn-from-yellowstone-national-park-yh9zh/): Yellowstone National Park turned 152 years old today. President Grant signed the Yellowstone Protection Act into law on March 1, 1872. Although… - [California Credit Union Offers Summer Internship Program For Los Angeles County Students](https://thecreditunionconnection.com/california-credit-union-offers-summer-internship-program-for-los-angeles-county-students/): Applications are now available for California Credit Union\’s Summer Internship Program for local high school seniors and college students. Now in its third year, the program offers paid internships to provide students with professional work experience and mentoring in multiple areas throughout the organization, including opportunities in the Real Estate, Electronic Services, Human Resources and Accounting departments. \”We\’re committed to supporting our local students in every area, including providing hands-on work experience and mentoring to help set them up for success in the financial industry and open doors to a future career,\” said California Credit Union President/CEO Steve O\’Connell. \”Through […] - [On Tap Credit Union Elevates Leadership Team by Bringing on Two New Directors and Promoting Internal Talent to Support Growth Efforts](https://thecreditunionconnection.com/on-tap-credit-union-elevates-leadership-team-by-bringing-on-two-new-directors-and-promoting-internal-talent-to-support-growth-efforts/): Two new hires and internal promotion to drive strategic goals. On Tap Credit Union isn\’t your average bank. A trusted financial partner since 1954, their team crafts personalized financial solutions tailored to each individual\’s personalized goals. They guide members every step of the way and make the financial journey a breeze. As they look toward the future and their commitment to growth, they are expanding the leadership team with top-notch talent. New Director Positions: Nicole Zimmerman, On Tap’s new Director of Marketing, joined the credit union in October 2023 after having served as a Senior Marketing Manager in the start-up […] - [Epic River Launches Its Digital Lending Platform for Credit Unions](https://thecreditunionconnection.com/epic-river-launches-its-digital-lending-platform-for-credit-unions/): Lending-as-a-service platform provider connects credit unions with healthcare providers to streamline patient payments Epic River, a lending-as-a-service platform provider that connects financial institutions with healthcare providers to streamline patient payments, announced today the launch of its comprehensive digital lending platform specifically tailored for credit unions. Patient lending is an ideal way for credit unions to enter the Lending-as-a-Service (LaaS) market while addressing an increasingly problematic trend in the healthcare industry, non-payment of patient bills. Dan Edgerton, Chief Lending Officer of Clarity Credit Union, said, “Epic River has been a wonderful partner for us, empowering our credit union to venture into […] - [evolve FCU to be Featured on Award Winning Series Viewpoint with Dennis Quaid](https://thecreditunionconnection.com/evolve-fcu-to-be-featured-on-award-winning-series-viewpoint-with-dennis-quaid/): evolve Federal Credit Union will be featured in an upcoming segment of the award-winning documentary series, ‘Viewpoint Project with Dennis Quaid,’ specializing in short-form Public Television stories. The episode will air in March and be distributed to over 170 participating Public Television stations throughout the U.S. The segment includes an in-depth interview with evolve FCU’s CEO Ken Walters, as well as interviews with Elisa Arce, Vice President of Marketing, Josue Ornelas, Assistant Vice President of Marketing, and Victoria Molinar, Community Relations and Development Director at Lee & Beulah Moor Children’s Home. They discuss evolve FCU’s Social Purpose Initiative and the […] - [Adam Stone Accepts Role as President of QuantyPhi; Aligns Focus with Integration and Technology Advancements in Balance Sheet Management](https://thecreditunionconnection.com/adam-stone-accepts-role-as-president-of-quantyphi-aligns-focus-with-integration-and-technology-advancements-in-balance-sheet-management/): QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce Adam Stone has accepted the position as the new CUSO President. This comes following a recent announcement by previous President, Kevin P. Chiappetta, CFA, to take on a new, exciting role as Senior Vice President/Chief Education & Research Officer with Corporate Central Credit Union. “Kevin’s dedication and strategic vision played a vital role in the development and launch of QuantyPhi,” said Chris Felton, President/CEO of Corporate Central. “Over the past six years, he has served as the driving force behind the remarkable success of QuantyPhi, establishing the […] - [Corporate Central Names Kevin Chiappetta SVP/Chief Education & Research Officer to Leverage Vast Institutional Knowledge and Expertise](https://thecreditunionconnection.com/corporate-central-names-kevin-chiappetta-svpchief-education-amp-research-officer-to-leverage-vast-institutional-knowledge-and-expertise/): Corporate Central is proud to announce Kevin P. Chiappetta, CFA, has accepted a position as SVP/Chief Education & Research Officer. This strategic move allows the corporate credit union to dedicate an expert executive to educate, train, and give back to the movement by teaching and instructing on everything related to balance sheet management and risk mitigation. Chiappetta’s initial career at Corporate Central began in January 1996 as Vice President Investments where he managed the loan, deposit, and investment portfolios. He departed in June 2002, where he spent over 11 years working with credit union investment CUSOs and 2 years with […] - [SDCCU Full Bowls Pet Food Drive is Collecting Food for Rancho Coastal Humane Society](https://thecreditunionconnection.com/sdccu-full-bowls-pet-food-drive-is-collecting-food-for-rancho-coastal-humane-society/): Throughout March, donate new, unopened and unexpired dog or cat food at SDCCU branches in San Diego County San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, has partnered with Rancho Coastal Humane Society (RCHS) to host a pet food drive to help stock the shelves of the RCHS pantry and support the great work they do for animals in our community. Throughout March, SDCCU’s Full Bowls campaign will collect new, unopened, unexpired dog and cat food at all of San Diego County’s convenient SDCCU branch locations. Donations will be given to RCHS to feed […] - [Executive Benefits CUSO Donates over $21,000 to NACUSO Advocacy](https://thecreditunionconnection.com/executive-benefits-cuso-donates-over-21000-to-nacuso-advocacy/): Committed to the credit union movement, BenefisCU powered by TriscendNP engrained an Industry Advancement Fund into the foundations of the executive benefit CUSO to support credit union advocacy efforts and the foundations of our member credit unions. Kerry Wahlen, Board Chair of BenefisCU powered by TriscendNP and CEO of Goldenwest Credit Union, said, “Our investment in BenefisCU has not only provided value to our credit union but has created a collaboration between multiple credit unions to be able to help support the NACUSO Advocacy Fund to this level, which helps further that goal of industry advancement.” A total of $21,649, representing […] - [American Eagle donates $2,500 to the Black Giving Circle Fund at the Hartford Foundation of Public Giving](https://thecreditunionconnection.com/american-eagle-donates-2500-to-the-black-giving-circle-fund-at-the-hartford-foundation-of-public-giving/): Supporting the Black Giving Circle means bolstering our Black communities in honor of Black History Month American Eagle Financial Credit Union (AEFCU) donated $2,500 to support the Black Giving Circle Fund at the Hartford Foundation of Public Giving. The donation—to the Black Giving Circle Fund—supports programs that create sustainable change in the Black community. “American Eagle is passionate about enriching the lives of all of our members,” said Howard Brady, AEFCU President & CEO. “We have over 183,000 members, many of whom are part of the Black community. It is incredibly important for us to partner with the Black Giving […] - [PAHO/WHO Federal Credit Union Launches Bienestar Financial Advisors](https://thecreditunionconnection.com/pahowho-federal-credit-union-launches-bienestar-financial-advisors/): PAHO/WHO Federal Credit Union proudly announces the launch of Bienestar Financial Advisors, which offers investment advisory and financial planning services through LPL Financial, LLC. The Credit Union wanted to enhance their offerings and provide a more robust, personalized approach to members’ financial planning needs. In Spanish Bienestar means wellness and prosperity. The name Bienestar Financial Advisors was selected to reflect the natural extension of PAHO/WHO FCU’s commitment to serving the global health community. For the first time, members can get investment advisory and personalized management based on their real-life goals with advisors who can help pinpoint the financial vehicles that […] - [Merrilou Harrison named Chair of Solarity Credit Union’s Board of Directors](https://thecreditunionconnection.com/merrilou-harrison-named-chair-of-solarity-credit-unions-board-of-directors/): Merrilou Harrison has been appointed Chair of the Board of Directors for Solarity Credit Union. Harrison was elected unanimously by her peers. The announcement was made at the credit union’s annual membership meeting on February 21, 2024, and confirmed by the Board at their regular meeting immediately following. Harrison is the first woman to serve as Chair of the Board for Solarity. She is preceded by Terry Morgan, who served as Board Chair for the past five years. She joined the credit union’s Board in 2016 and was Vice Chair from 2021 to 2023. She also served as Chair of […] - [PenAir Credit Union Earns High Honors at theAAF Pensacola American Advertising Awards](https://thecreditunionconnection.com/penair-credit-union-earns-high-honors-at-theaaf-pensacola-american-advertising-awards/): Pensacola’s oldest credit union earns more than 20 local industry awards PenAir Credit Union  (PenAir) proudly earned five Gold and 16 Silver awards at the 2024 American Advertising Federation (AAF) Pensacola American Advertising Awards on Feb. 16, 2024 at the Hilton Pensacola Beach Hotel. Conducted annually by the American Advertising Federation, the AAF Pensacola American Advertising Awards are the first of a three-tiered national competition. Across the country, local entrants vie for recognition as the very best in their markets. AAF Pensacola’s annual Awards Show honors the advertising work of creative minds in Escambia and Santa Rosa counties. District winners are […] - [Eglin Federal Credit Union Named the 2023 Large Business of the Year by the Walton Area Chamber of Commerce](https://thecreditunionconnection.com/eglin-federal-credit-union-named-the-2023-large-business-of-the-year-by-the-walton-area-chamber-of-commerce/): Eglin Federal Credit Union was named the 2023 Large Business of the Year by the Walton Area Chamber of Commerce at their Annual Chamber Awards Gala hosted this year by the Hilton Sandestin Beach Golf Resort & Spa on Feb. 9, 2024. “We are extremely honored to be named the 2023 Large Business of the Year by the Walton Area Chamber of Commerce,” said EFCU President/CEO Jerry Williams. “Last year, our senior management team were Difference Makers by working closely with Habitat for Humanity to Rock the Block in DeFuniak Springs and at their Restore location in Santa Rosa Beach. […] - [LBS Financial Volunteers Clean Up Long Beach Coastline](https://thecreditunionconnection.com/ycspfndk965ua3kefe5d16dbzg2bnd/): In partnership with the City of Long Beach’s Adopt-A-Beach program, volunteers from LBS Financial Credit Union cleaned up a stretch of the Long Beach coastline on Saturday, February 3, 2024. 29 volunteers, including LBS Financial employees, family, and friends, removed trash from the sand and the parking lot at Junipero Beach. The Credit Union’s adopted beach (for over 13 years) includes the coastline between 14th Place and 19thPlace off of Ocean Blvd. Flat cardboard sheets, empty water bottles, plastic utensils, napkins, empty spray paint bottles, ripped sandals, a shredded mattress and occasional articles of clothing in the sand were among […] - [Wescom Announces Senior Management Changes to Support Growth Initiatives in 2024](https://thecreditunionconnection.com/wescom-announces-senior-management-changes-to-support-growth-initiatives-in-2024/): Wescom Credit Union, one of the largest community credit unions in California, has implemented senior management changes recently to support its continued growth plans in the year ahead. “One of Wescom’s greatest strengths as an organization, perhaps our number one strength, is the caliber of our team,” reflected Darren Williams, President/CEO at Wescom. “I believe these adjustments in how our senior team is leveraged will position us optimally, not only for the size and complexity of Wescom today, but into the future.” Some of the organizational changes within Wescom at this time include: Keith Pipes, Executive Vice President/Chief Operating Officer, […] - [AKUVO Virtual Collector Lets Borrowers Self-Cure Delinquencies](https://thecreditunionconnection.com/akuvo-virtual-collector-lets-borrowers-self-cure-delinquencies/): AKUVO, a technology organization that specializes in collections and credit risk, proudly announces the launch of a new product, Virtual Collector. This digital collections portal marks a significant leap in the industry, empowering borrowers to self-cure their past due accounts online without a live agent. Virtual Collector can be integrated with any collections or core processing system to provide automated touch points with borrowers through email, text, voice, and letters. The intuitive online portal allows borrowers to make payments, create a promise, request a call back, and even provide details about their financial situation. For financial institutions also using AKUVO’s […] - [Affinity Plus Launches Family App to Grow Money-Smart Kids, powered by Boucoup](https://thecreditunionconnection.com/affinity-plus-launches-family-app-to-grow-money-smart-kids-powered-by-boucoup/): Boucoup, BankingON\’s new family banking platform. Parents will soon be able to teach their kids healthy financial habits and manage money safely through a first-of-its kind mobile app embedded in the credit union experience. The Affinity Plus Youth Banking App launches on March 1st, 2024 to employees and a select group of members, rolling out new functionality and users throughout 2024. Parents will be able to send money instantly, automate allowance payments, manage chores, set flexible spending controls, get real-time notifications of all transactions, and more. Kids and teens gain hands-on money management experience that builds financial confidence. \”What makes […] - [Dora Financial Partners with InComm Payments to Provide Cash Deposit Services at Over 88,000 Retail Locations Nationwide](https://thecreditunionconnection.com/dora-financial-partners-with-incomm-payments-to-provide-cash-deposit-services-at-over-88000-retail-locations-nationwide/): Dora Financial, a marketing and innovation CUSO (Credit Union Service Organization) powered by the credit union movement, today announced a partnership with InComm Payments, enabling Dora mobile banking app users to make cash deposits to their Dora accounts at any of the 88,000 retail locations via InComm Payments’ Cash Payments network and technology platform nationwide. Cash load services are eligible only for accounts issued by USAlliance Financial. To this day, millions of individuals have been excluded from the modern financial landscape due to a lack of access to traditional banking services. Those that are cash-dependent often find themselves facing significant […] - [SchoolsFirst FCU Celebrates 2023 Year of Giving to Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/schoolsfirst-fcu-celebrates-2023-year-of-giving-to-childrens-miracle-network-hospitals/): Credit Union Raised More Than $365,000 in 2023 for Children’s Miracle Network and Area Children’s Hospitals SchoolsFirst FCU, the largest credit union serving school employees and their families, today announced that it contributed more than $365,000 in 2023 – through a combination of corporate donations and fundraising – to support Children’s Miracle Network Hospitals (CMNH) and designated children’s hospitals in California, including Children’s Health of Orange County (CHOC), Children\’s Hospital Los Angeles (CHLA), Rady Children\’s Hospital – San Diego and UC Davis Children\’s Hospital. As a credit union serving California school employees and their families, SchoolsFirst FCU has participated in […] - [Nacha’s Payments Innovation Alliance Releases Infographic Warning Against Becoming an Unwitting Money Mule](https://thecreditunionconnection.com/nachas-payments-innovation-alliance-releases-infographic-warning-against-becoming-an-unwitting-money-mule/): Nacha\’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry by better meeting the needs of the modern ACH Network and the evolving payments industry worldwide, has released a new tool financial institutions can use to educate their customers about money mules. A money mule transfers or moves illegally acquired money on behalf of someone else. Criminals recruit money mules to help launder proceeds derived from crimes such as human and drug trafficking. While some money mules know they are supporting criminal enterprises, many others are unaware that they are helping criminals […] - [In The Cellar Announces 2024 Board Of Directors](https://thecreditunionconnection.com/in-the-cellar-announces-2024-board-of-directors/): Great Lakes credit unions and Credit Unions for Kids set to raise critical donations for Children’s Miracle Network Hospitals with the support of the 2024 Board of Directors In the Cellar is thrilled to announce the distinguished slate of credit union leaders dedicating their time and talents to serve the 2024 Board of Directors. This year’s board comprises a dynamic group of philanthropic leaders committed to advancing the mission of In the Cellar in partnership with Credit Unions for Kids. Chaired by Tansley Stearns, president & ceo of Community Financial Credit Union out of Plymouth, MI, the 2024 Board of […] - [Zest AI Unveils First AI Lending Intelligence Companion](https://thecreditunionconnection.com/zest-ai-unveils-first-ai-lending-intelligence-companion/): Generative AI model will provide holistic visibility and strategic insights to help lenders optimize performance Zest AI, the leader in AI lending technology, is unveiling its new lending intelligence companion today, LuLu. LuLu is a customized generative AI tool that lending organizations can use to instantly capture strategic industry insights, decisioning and portfolio performance metrics, and quickly access their unique Zest AI product knowledge base. \”We\’ve always believed in the transformative power of AI, but the evolution of large language models got us thinking about how to leverage this innovation to better serve lenders,\” said Adam Kleinman, Head of Strategy […] - [Kinecta Federal Credit Union Announces its 2024 Youth Scholarship and Teacher Grant Program Extended its Application Submission Through March 10](https://thecreditunionconnection.com/kinecta-federal-credit-union-announces-its-2024-youth-scholarship-and-teacher-grant-program-extended-its-application-submission-through-march-10/): On February 1, Kinecta Federal Credit Union announced its annual Youth Scholarship and Teaching Grant Programs. Scholarships are offered through Kinecta, and the Teaching Grants are sponsored by Innovision Society. Applications for both programs are being accepted through March 10. Kinecta will award eight $2,000 scholarships to students. While Kinecta\’s partner, Innovision Society, will award ten grants up to $2,000 to teachers. The student scholarships will go towards recipients pursuing their higher education, and the teacher grants will help recipients enhance their classrooms. This program is reflective of Kinecta\’s commitment to supporting the communities it serves. \”We are proud to offer […] - [Alliance Catholic CU Selects Scienaptic AI: Faith Meets Technology to Uplift Communities](https://thecreditunionconnection.com/alliance-catholic-cu-selects-scienaptic-ai-faith-meets-technology-to-uplift-communities/): Scienaptic AI, a leading global provider of AI-powered credit underwriting platforms, announced today that Michigan-based Alliance Catholic Credit Union (ACCU), serving over 32,000 members, has selected their platform to expand credit access for its members. Scienaptic\’s regulatory-compliant AI platform will enable ACCU to make sharper risk predictions, automate decisions, and offer more inclusive lending to its members. Founded in 2013 through the merger of First Catholic Federal Credit Union and Michigan Catholic Credit Union, Alliance Catholic Credit Union (ACCU) has grown to serve over 32,000 members across Michigan. Upholding its core values, ACCU continuously expands its product and service offerings […] - [California Credit Union Launches Charitable Foundationto Support Local Community-Based Organizations & Educational Institutions](https://thecreditunionconnection.com/california-credit-union-launches-charitable-foundationto-support-local-community-based-organizations-amp-educational-institutions/): California Credit Union Foundation Makes Debut Grant of $80,000 to The Greater Los Angeles Education Foundation Foundation Will Oversee Credit Union’s Giving Programs, Totaling More Than $2.5 Million Over the Past Five Years California Credit Union announced today that it has launched the California Credit Union Foundation to lead its community outreach and support programs, which have totaled more than $2.5 million over the last five years. A non-profit charitable corporation, the Foundation will focus on partnering with local grassroots organizations and educational institutions through grants, sponsorships, in-kind support and volunteer participation. “We have long lived our People Helping People […] - [UMassFive Donates Hundreds of Winter Coats and Clothing Items](https://thecreditunionconnection.com/umassfive-donates-hundreds-of-winter-coats-and-clothing-items/): UMassFive College Federal Credit Union (UMassFive) is happy to share that their members, staff, and community partners have donated hundreds of winter coats and clothing items to Amherst Survival Center, the Gray House in Springfield, and Net of Compassion in Worcester. Donations were gathered through a collection drive held at UMassFive’s Hadley, Northampton, Springfield, and Worcester branches throughout the month of December 2023. \”It feels great to impact more communities through our drive this year,” said Cait Murray, Community Outreach Manager at UMassFive, commenting on the addition of a Worcester County beneficiary. “Our partner organizations know exactly how to get […] - [FORUM Announces Organizational Promotions](https://thecreditunionconnection.com/forum-announces-organizational-promotions-1/): FORUM Credit Union announces organizational promotions within its retail and organizational development teams. Reid Lacey, Josh Lofgren, and Kevin Morris have all been promoted to Assistant Vice Presidents in Retail Branching. Lacey has been with FORUM since April 2014 and has served in various roles including Assistant Branch Manager, Branch Manager, and Senior Branch Manager. In his new role, he’ll oversee the Lawrence, Fishers, Noblesville, and Westfield branch locations. Lofgren was hired in May 2014 and has served as an Assistant Branch Manager, Branch Manager, and Senior Branch Manager. He will support the Avon, Broad Ripple, Carmel, and Park 100 […] - [Financial Plus Credit Union to Donate $34,000 to the United Way](https://thecreditunionconnection.com/financial-plus-credit-union-to-donate-34000-to-the-united-way/): Financial Plus Credit Union is proud to announce a donation of over $34,000 to the United Way. The donation stems from an employee contribution campaign and will benefit the United Way of Genesee, Shiawassee, Saginaw, and Bay Counties. The campaign received its highest participation to date, with 157 employees contributing across the organization. Employees were given the option to contribute through regular deductions from the paychecks, or opt for a one-time donation to the United Way. Overall, $17,000 will be donated to the United Way solely through employee contributions. Financial Plus has pledged to match 100% of all contributions, effectively […] - [Greater Texas Opens Doors for Bobcat Shadow](https://thecreditunionconnection.com/greater-texas-opens-doors-for-bobcat-shadow/): Texas State Junior Kate Ramirez was the guest of honor at Greater Texas Credit Union for the annual BobCat Shadow event. The BobCat Shadow is an annual program sponsored by Texas State University to give students a behind-the-scenes experience learning from professionals in a selected career field or industry. The program matches students with employers, community partners, and alumni, so they can explore career paths and gain exposure in the business world. The event is part of the university’s career services division. This was the first year Greater Texas participated in the program. Ramirez, a marketing major from the Houston […] - [World Council of Credit Unions Adds Moldova to List of Member Nations](https://thecreditunionconnection.com/world-council-of-credit-unions-adds-moldova-to-list-of-member-nations/): WOCCU Board also approves addition of third credit union organization from Brazil World Council of Credit Unions (WOCCU) welcomes two new member organizations to start 2024, with the addition of Moldova’s Central National Association of Savings and Credit Associations (CNASCA) as a direct member, and the Cresol Confederation as a second associate member from Brazil. CNASCA came into being after the merger of two central organizations in 2019, one of which was previously a WOCCU member. The new association represents all of Moldova’s 220 savings and credit associations (credit unions), which serve more than 138,000 members across the European nation. […] - [Charles Rodriguez Joins Mahalo Banking to Drive Digital Banking Adoption](https://thecreditunionconnection.com/charles-rodriguez-joins-mahalo-banking-to-drive-digital-banking-adoption/): Seasoned credit union executive to further expand Mahalo’s industry reach Mahalo Banking, a pioneering Credit Union Service Organization (CUSO) revolutionizing online and mobile banking solutions for credit unions, proudly welcomes Charles Rodriguez as its newest Sales Executive. With an illustrious career spanning over two decades in fintech, Rodriguez joins Mahalo with a fervent belief in the transformative power of cutting-edge technology to reshape the credit union landscape. Rodriguez said, \”Mahalo\’s unwavering commitment to innovation and the transformative impact of its technology on the credit union industry are truly inspiring. The advanced solutions Mahalo offers are compelling, empowering credit unions with […] - [Members First Credit Union Donates $23K To LocalUnited Way For Team Donation Match](https://thecreditunionconnection.com/members-first-credit-union-donates-23k-to-localunited-way-for-team-donation-match/): Nearly 100 Members First employees pledged to support seven Michigan United Ways Members First Credit Union (M1) and its team members participated in United Way’s annual charitable giving campaign by donating to seven United Way organizations across Michigan. Nearly 100 M1 team members pledged $11,535 to United Way, and the amount was proudly matched by M1 for a total pledge of $23,070. “Though I am not surprised, I am incredibly proud of our team’s radical generosity! They collaborated to wholeheartedly participate in United Way’s annual campaign,” says M1’s Chief Executive Officer Carrie Iafrate. “This was one of the largest contributions […] - [VyStar Credit Union Selects NCR Atleos Allpoint ATM Network to Support Growth](https://thecreditunionconnection.com/vystar-credit-union-selects-ncr-atleos-allpoint-atm-network-to-support-growth/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding financial access for financial institutions, retailers and consumers, today announced that VyStar Credit Union has selected Atleos’ Allpoint ATM Network to expand surcharge-free access to cash for members at trusted locations across the country and support ongoing growth. The Jacksonville, Florida based credit union with $13.6 billion in assets continues to grow across the Southeast and needed strategic physical infrastructure to support its expanding member base. By joining the Allpoint Network, the world’s largest independently owned retail ATM network, VyStar is enabling members to more easily access and deposit cash […] - [Kinective Appoints Charles Fagan, III and Patrick Ghilani to Board of Directors](https://thecreditunionconnection.com/kinective-appoints-charles-fagan-iii-and-patrick-ghilani-to-board-of-directors/): Industry veterans from PSCU/Co-op Solutions and MRI Software bring deep knowledge, expertise and global experience to Kinective\’s board Kinective, a leading provider of connectivity, workflow and analytics software for the banking sector, today announced the addition of Charles \”Chuck\” Fagan, III and Patrick \”Pat\” Ghilani to its Board of Directors. The new board appointees join Kinective at a pivotal moment of growth and expansion for the company. Kinective\’s CEO Stephen Baker said, \”Kinective is well positioned as the industry\’s go-to banking technology enabler to connect financial institutions with the technologies of their choice for digital transformation. We\’re the largest provider of […] - [Open Lending Releases 2024 Vehicle Accessibility Report to Provide Insights on the Near- and Non-Prime Credit Segment](https://thecreditunionconnection.com/open-lending-releases-2024-vehicle-accessibility-report-to-provide-insights-on-the-near-and-non-prime-credit-segment/): Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has released its 2024 Vehicle Accessibility Report. This report illustrates how traditional underwriting practices have alienated and excluded many creditworthy near- and non-prime consumers, providing insights to help automotive lenders offer reasonable loan opportunities to borrowers in this underserved but deserving credit segment. With barriers to vehicle affordability remaining higher than ever, the report findings show that while near- and non-prime consumers are confident in their financial futures, they are careful about debt and wary of […] - [Affinity Foundation Welcomes Kelly Watts as Executive Director](https://thecreditunionconnection.com/affinity-foundation-welcomes-kelly-watts-as-executive-director/): Affinity Federal Credit Union (“Affinity”) and Affinity Foundation (“Foundation”), bring in non-profit leader Kelly Watts as the new Executive Director. With an extensive background in the nonprofit sector, Kelly brings comprehensive experience in development, communications, and leadership to her role at the Foundation. Before joining the Foundation, Watts played a vital leadership role in the New Jersey Vietnam Veterans Memorial and Vietnam Era Education Center & Museum in Holmdel, NJ, where she served as the Executive Director for 17 years. She also held various positions at Rutgers University, The Boys & Girls Club of Mercer County, New Brunswick Tomorrow, and […] - [Nacha Launches New Campaign Highlighting the Many People Benefiting from Direct Deposit](https://thecreditunionconnection.com/nacha-launches-new-campaign-highlighting-the-many-people-benefiting-from-direct-deposit/): It’s perhaps the most recognizable feature of the ACH Network: Direct Deposit. It’s the way 93% of American workers are paid and nearly all Social Security recipients get their benefits. A new campaign unveiled today by Nacha aims to educate and inform people on the many other ways to simplify their lives by making the best use of Direct Deposit. With a spotlight on real people—not actors—the campaign showcases how Direct Deposit helps Americans seamlessly receive not only their wages but many other types of payments as well. “From tax refunds and insurance claims to veterans’ benefits and saving for […] - [Posh AI Welcomes Former NCUA Chairman Rodney E. Hood to Board of Directors](https://thecreditunionconnection.com/posh-ai-welcomes-former-ncua-chairman-rodney-e-hood-to-board-of-directors/): Posh AI, the leader in conversational and generative AI solutions purpose-built for the financial industry, today announced the addition of former National Credit Union Administration (NCUA) Board Chairman Rodney E. Hood to its Board of Directors. Hood brings a long-standing legacy of public and private financial services over the last 30 years and a spirit of active participation and qualified advising based on his extensive industry experience. Most notably, he served on the NCUA Board under two presidential administrations. “We are deeply honored to welcome Mr. Rodney Hood to our Board of Directors,” says Posh AI’s CEO and Co-Founder Karan […] - [OCCU Recognized with Four Awards](https://thecreditunionconnection.com/occu-recognized-with-four-awards/): OCCU has been honored with four awards for exceptional workplace culture, community engagement and sustainability. OCCU was given the Bold Steps Award by the City of Eugene for its work with nonprofits, generous volunteer time benefit for employees and efforts to reduce its impact on the environment. OCCU received Culture of the Year from Kudos Inc., an international corporation specializing in employee recognition and rewards. Kudos singled out OCCU for its use of rewards and gratitude to enhance employees’ engagement and well-being. That collaboration of OCCU and Kudos Inc. was subsequently recognized by the Brendan Hall Group, a leading professional […] - [The Family Credit Union Welcomes Financial Wellness Coordinator](https://thecreditunionconnection.com/the-family-credit-union-welcomes-financial-wellness-coordinator/): Credit union hires Abigail Eaton to lead credit counselor program for members The Family Credit Union (TFCU), a not-for-profit financial cooperative headquartered in the Quad Cities, has welcomed Abigail Eaton as its new Financial Wellness Coordinator.  Eaton brings more than seven years of financial experience to the credit union. In this role, Eaton will be responsible for promoting financial wellness to the communities the credit union serves and will oversee financial education activities through classes, presentations and individual sessions to help members reach their goals.  She will also be the on-site coordinator for the credit union’s new credit counseling program, […] - [Cetera and Wealth Access Form Partnership to Unite Brokerage, Trust and Digital Banking](https://thecreditunionconnection.com/cetera-and-wealth-access-form-partnership-to-unite-brokerage-trust-and-digital-banking/): Partnership underscores Cetera’s focus on helping advisors and financial institutions deliver a differentiated and highly personalized experience to clients and members Partnership provides a leading industry solution to bridge all aspects of a client\’s financial history Cetera Financial Group (Cetera), the premier financial advisor Wealth Hub, today announced a partnership with Wealth Access, the leading customer data insights platform unifying and enriching data that powers hyper-personalized experiences for financial institutions and investment clients. Using Wealth Access, advisors and financial institutions can create 360-degree views of a client’s most accurate and current financial picture across brokerage, trust and digital banking, to […] - [Affinity Plus Breaks Ground On Upcoming Shakopee Branch Location](https://thecreditunionconnection.com/affinity-plus-breaks-ground-on-upcoming-shakopee-branch-location/): New location will be the Minnesota-based credit union’s 32nd branch statewide WHAT: Affinity Plus Federal Credit Union is hosting a groundbreaking event to mark the beginning of construction on its new branch, conveniently located off of County Road 18 in Shakopee. The new location is slated to open in early fall.  WHO: Joining the event will be key figures from Affinity Plus and the Shakopee community, highlighting the collaborative effort to bring enhanced banking services to the area. WHEN: Thursday, February 29 at 12:00 p.m. WHERE: 1714 Crossing Blvd. Shakopee, MN 55379, located between McCoy’s Copper Pint and Home Depot.  […] - [Desert Financial Foundation Golf Tournament Raises $580,000 For Phoenix Children’s](https://thecreditunionconnection.com/desert-financial-foundation-golf-tournament-raises-580000-for-phoenix-childrens/): Proceeds to support Credit Unions for Kids and Phoenix Children\’s 1 Darn Cool School Desert Financial Foundation, a 501(c)(3) public charity, raised $580,000 for Credit Unions for Kids benefitting Children\’s Miracle Network Hospitals and Phoenix Children\’s 1 Darn Cool School at the 26th Annual Desert Financial Foundation Golf Tournament. Nearly $7 million has been raised for the K-12 education program at Phoenix Children\’s since the tournament began in 1999. More than 180 attendees and sponsors played in the tournament on Monday, Feb. 26 at the Whirlwind Golf Club at Wild Horse Pass in Chandler. 36 teams each played with a […] - [Harnessing the Potential of Artificial Intelligence](https://thecreditunionconnection.com/harnessing-the-potential-of-artificial-intelligence/): FinXTech\’s New Report, Artificial Intelligence: A Real-World Approach, Explores the Impact of AI in the Financial Services Industry FinXTech, a resource that connects financial institutions with fintech\’s, today released Artificial Intelligence: A Real-World Approach. The report, sponsored by Microsoft Corp., explores potential opportunities and real-life use cases for AI in the financial services industry, how financial institutions can approach implementing the technology, and regulatory and ethical considerations. Financial institutions of all sizes are exploring ways to incorporate AI — from the largest banks with in-house developer resources to regional and small banks and credit unions that can add capabilities via vendors. According to Bank Director\’s […] - [Louisiana Credit Union League and HR Solutions LLC Form Strategic Partnership](https://thecreditunionconnection.com/louisiana-credit-union-league-and-hr-solutions-llc-form-strategic-partnership/): The Louisiana Credit Union League and HR Solutions announced a strategic partnership to offer Louisiana’s credit unions access to human resources consulting and administrative outsourcing services at preferred rates. This collaboration stemmed from LCUL’s new, strategic vision and commitment to providing the best-in-class products and services, and in the case of human resources and benefits, addressing a crucial service gap experienced in the credit union movement. “Attraction and retention are two of the biggest challenges facing our credit unions. We are excited to partner with HR Solutions to offer credit unions with a trusted resource to help them compete and […] - [Still Time to Register for Feb. 29 Webinar on the CDFI Certification Process](https://thecreditunionconnection.com/still-time-to-register-for-feb-29-webinar-on-the-cdfi-certification-process/): Credit unions interested in certification as Community Development Financial Institutions can learn about the application process on a February 29 webinar hosted by the NCUA and the Community Development Financial Institutions Fund. Online registration for this webinar, “The Revised CDFI Certification Application,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and run approximately 60 minutes. Staff from the NCUA and the CDFI Fund will discuss the requirements of the revised CDFI Certification Application, including updates to the Application FAQs and available new materials. The webinar will include a question-and-answer session. Attendees are encouraged to review […] - [People\'s Credit Union Continues Longstanding Support of MLK, Jr. Community Center](https://thecreditunionconnection.com/peoples-credit-union-continues-longstanding-support-of-mlk-jr-community-center/): Donates $2,000 to Help Local At-Risk Individuals, Families, and Seniors People\’s Credit Union continues to assist the essential work of the Martin Luther King, Jr. Community Center to help nourish, educate, and support people across Newport County. Head of People\’s Credit Union, Sean Daly, and Courtney Hunter, Head of Community Development, recently presented a check for $2,000 to Heather Hole Strout, Executive Director of MLK, Jr. Center, to help fund their many important programs, including hunger assistance. \”The Martin Luther King, Jr. Community Center plays a vital role in promoting health, fighting hunger, supporting families, and engaging seniors in our […] - [Robins Financial Credit Union Announces STAR Employees of the Year for 2023](https://thecreditunionconnection.com/robins-financial-credit-union-announces-star-employees-of-the-year-for-2023/): Each year, Robins Financial Credit Union awards three outstanding employees with the STAR Award in the following categories: Star Leader, Star Producer, and Star Performer. These awards recognize employees for their exceptional performance and dedication to upholding the credit union’s mission and vision. Star Leaders demonstrate outstanding leadership qualities, strategic thinking, and a commitment to guiding and inspiring their team. Star Producers are those who exhibit exceptional productivity, efficiency, and tangible contributions to the credit union’s success. Star Performers are recognized for their exceptional performance, innovation, and commitment to achieving outstanding results. The Star Leader, Star Producer, and Star Performer […] - [Cornerstone Resources Partners with BankSocial® to Offer Crypto Exchange Solutions to Credit Unions](https://thecreditunionconnection.com/cornerstone-resources-partners-with-banksocial-to-offer-crypto-exchange-solutions-to-credit-unions/): Cornerstone Resources announces a strategic partnership with BankSocial® to connect credit unions with the only cryptocurrency exchange designed specifically for credit unions and their members. Launching a unique combination of scalable features, BankSocial provides a cutting-edge solution to challenges faced by credit unions today. A division of Fivancial, Inc., BankSocial CUSO offers an easy-to-implement, self-custody crypto exchange, including major tokens such as Bitcoin, Ethereum, MATIC, and HBAR. Fivancial, Inc. d/b/a BankSocial, is a global FinTech company offering the evolution of financial services and technological infrastructure, on distributed ledger to businesses and individuals. Additional components of the BankSocial platform are available […] - [California and Nevada Credit Union Leagues CEO Charts New Course](https://thecreditunionconnection.com/california-and-nevada-credit-union-leagues-ceo-charts-new-course/): Industry Icon Announces Retirement After Decades of Transformative Leadership Diana Dykstra, President and CEO of the California and Nevada Credit Union Leagues, announced today she plans to retire this year after more than four decades of financial services leadership. Never one to do things as “they’ve always been done,” Dykstra’s constant challenge of the status quo earned her accolades throughout her career. Among other honors, she was one of the first inductees into the Credit Union Museum’s “Credit Union Women Making History: Herstory” exhibit in 2022, was awarded the National Credit Union Foundation’s Herb Wegner Memorial Award in 2019 in […] - [Connects Federal Credit Union Selects James McBride As President/CEO](https://thecreditunionconnection.com/connects-federal-credit-union-selects-james-mcbride-as-presidentceo/): The Board of Directors of Connects Federal Credit Union is pleased to announce the selection of James McBride as the credit union’s new President/Chief Executive Officer. Mr. McBride will succeed Ms. Evelyn Dowdy, who is retiring after serving in the role for nearly 26 years. “On behalf of the Board, I want to sincerely thank Evelyn for her many years of devoted service she has given to Connects,” said Dan Vandervort, Board Chairman. “She has worked ceaselessly to help us successfully navigate the many challenges our credit union has had to face over the last 26 years and we are […] - [Ascent Partners with MSU Federal Credit Union to Transform Business Lending](https://thecreditunionconnection.com/ascent-partners-with-msu-federal-credit-union-to-transform-business-lending/): Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, is pleased to announce its partnership with Michigan State University Federal Credit Union (MSUFCU) to revolutionize its business lending. Through a pilot partnership, MSUFCU will test Ascent\’s Loan Origination add-on for unsecured business loans and lines of credit, offering members a streamlined and efficient lending experience. Ascent\’s platform provides a seamless digital application and approval process, leveraging third-party data to automatically populate applications and provide instant pre-approval or decline decisions in real-time. The platform also features an intuitive document collection portal and integrated instant messaging, facilitating communication and […] - [Copper Financial launches Guided Investing for Credit Unions](https://thecreditunionconnection.com/copper-financial-launches-guided-investing-for-credit-unions/): In collaboration with Apex Fintech Solutions Inc., credit unions now have a digital wealth management solution offered directly to members. Copper Financial Network LLC, an SEC registered investment adviser and FINRA registered broker-dealer, announced today it has launched Guided Investing – a digital tool that builds and automatically rebalances a diversified and professionally managed portfolio based on a member\’s unique goals and risk profile. With Guided Investing, credit unions can offer their members a more convenient way to start investing and help achieve their financial goals. Copper Financial is one of the first companies to create a digital investing solution […] - [Corporate Central Welcomes Charlie Zanayed to Board of Directors](https://thecreditunionconnection.com/corporate-central-welcomes-charlie-zanayed-to-board-of-directors/): Corporate Central is proud to announce the appointment of Charlie Zanayed to its Board of Directors. The Board unanimously selected Zanayed, CEO of CoVantage Credit Union based in Antigo, WI, to fill the vacant position. Zanayed has over 20 years of experience in the financial industry. He joined CoVantage Credit Union in 2013 as the Senior VP Chief Retail Officer where he provided supervision and leadership to the entire credit union. In 2016, he was promoted to President, and upon the retirement of the CEO in 2017, he was elevated to the CEO position. Prior to joining CoVantage Credit Union, […] - [Credit Union Headlines and How They Affect You](https://thecreditunionconnection.com/pcxnklxi2q0ri3kn2l6bkr0zx3hsdr/): Credit unions have been making national headlines lately, and not for the reasons we might want. You might not realize how much some of these stories affect your credit union or perhaps even all credit unions. Recently, Sarah Snell Cooke had the chance to talk with veteran editor at the Washington Credit Union Daily, David Baumann, to discuss these recent headlines. Topics covered included the new CDFI application and certification processes and the alleged racism in the mortgage lending department of Navy Federal Credit Union. You may also be surprised to learn that a Supreme Court Case involving the fishing […] - [State Department Federal Credit Union Signs with Lumin Digital for Enhanced Digital Banking Services](https://thecreditunionconnection.com/state-department-federal-credit-union-signs-with-lumin-digital-for-enhanced-digital-banking-services/): State Department Federal Credit Union (SDFCU), an Alexandria, Virginia-based credit union, and Lumin Digital have entered a multi-year, strategic collaboration to enhance and streamline online and mobile banking features for credit union members. SDFCU is ramping up its commitment and adopting a fresh approach to provide a world-class member experience while enriching the financial well-being of its members. The collaboration between Lumin Digital and SDFCU serves as a cornerstone in exceeding the expectations of its members regarding both experience and digital banking solutions. \”We\’re committed to investing in cutting-edge solutions that deliver top-tier experiences for our members,\” stated Victor Hall, […] - [Attorney General Bonta Issues Warning to Small Banks and Credit Unions: Surprise Overdraft and Returned Deposited Item Fees Harm Consumers](https://thecreditunionconnection.com/attorney-general-bonta-issues-warning-to-small-banks-and-credit-unions-surprise-overdraft-and-returned-deposited-item-fees-harm-consumers/): California Attorney General Rob Bonta today issued letters to small banks and credit unions warning that overdraft and returned deposited item fees may violate California’s Unfair Competition Law (UCL) and the federal Consumer Financial Protection Act (CFPA). Some financial institutions charge up to $36 or more for each overdraft. California consumers paid an estimated $200 million in overdraft fees in 2022, with the financial burden disproportionately falling on low-income consumers and consumers of color. Today’s letter was sent to banks and credit unions in California with assets under $10 billion.  “Overdraft and returned check fees needlessly strip away money better spent elsewhere and penalize poor consumers. All too often, consumers don’t […] - [Lending Enablement Solutions Create a Path to Auto Ownership for ITIN Holders, Open Lending Analysis Shows](https://thecreditunionconnection.com/lending-enablement-solutions-create-a-path-to-auto-ownership-for-itin-holders-open-lending-analysis-shows/): Open Lending Corporation released data on automotive financing access for consumers with an Individual Taxpayer Identification Number (“ITIN”), a federal tax identification number that can be used to access financial services. Nonresident and resident aliens, regardless of immigration status, are issued ITINs for the purposes of filing taxes with the IRS. Supported by findings from the Filene Research Institute, Open Lending’s data analysis highlights how Lending Enablement Solutions break down barriers for ITIN holders while bringing value to financial institutions. ITIN lending helps make auto ownership and credit-building possible for those living in the U.S. without a Social Security number […] - [Richland FCU Announces Retirement, Two Hires](https://thecreditunionconnection.com/richland-fcu-announces-retirement-two-hires/): Richland Federal Credit Union (RFCU), with branches in Sidney and Culbertson, has recently announced two outstanding hires. Nancy Verschoot recently retired from her role as Senior Loan Officer. During her tenure, RFCU saw much growth in serving the borrowing needs of its field of membership. It was also a period of much change in the regulatory environment and supervision of all financial institutions. As Vice President of Lending, Corliss Nelson will supervise all loan department personnel and will also provide the addition of a loan underwriting function to RFCU. Nelson is a graduate of Malta High School, the Pacific Banking […] - [Dort Financial Forms Strategic Partnership with Nook to Launch New Niche Experience](https://thecreditunionconnection.com/dort-financial-forms-strategic-partnership-with-nook-to-launch-new-niche-experience/): Nook, a pioneer of niche experiences, is excited to announce Dort Financial Credit Union (Flint, MI) has signed an agreement to implement Nook’s Niche Experience Platform to enhance member experience. “At Dort Financial, we believe in the power of genuine connection with our members,” said Brian Waldron, CEO, Dort Financial Credit Union. “Partnering with Nook enables us to interact with our members on a more personal level by providing tailored lifestyle content as an educational resource and entertaining escape from our typical financial-forward content. We want to be more than just a financial institution; we want to be a trusted […] - [Maine State Credit Union Announces the Promotion of Crommett and Hilt to Executive Team](https://thecreditunionconnection.com/maine-state-credit-union-announces-the-promotion-of-crommett-and-hilt-to-executive-team/): Maine State Credit Union is excited to announce the promotion of Amanda Crommett to Senior Vice President and Chief Organizational Development Officer and Jason Hilt to Senior Vice President and Chief Financial Officer.   \”Amanda and Jason have been instrumental in the growth of the Maine State Credit Union over the past several years,\” said President and CEO Stephen Wallace. \”Both have an unwavering commitment to the success of Maine State Credit Union\’s employees and members. Their continued leadership and innovative and practical ideas have been instrumental to its success.\” Amanda Crommett, a lifelong credit union member, has worked for Maine State […] - [Mazuma Credit Union’s 2023 Give Back Efforts Honor its 75th Anniversary Year](https://thecreditunionconnection.com/mazuma-credit-unions-2023-give-back-efforts-honor-its-75th-anniversary-year/): Mazuma Foundation Grants, ESG funding, and volunteerism totals $360,000+ in impact Mazuma Credit Union celebrated its 75th Anniversary in 2023 with free community events, promotional rates for Members, and record breaking Give Back efforts encompassing the organization’s time, space, and resources. Mazuma’s 40 Hours for Good program gives Team Members 40 hours of paid volunteer time annually to support Kansas City nonprofit organizations focused on the arts, financial education, or community development. In 2023, participation exceeded 6,300 hours of volunteer time given, including a record-breaking Give Back Day in October in which 180 Team Members spent over 1,400 volunteer hours […] - [Greater Texas Recognizes Longtime Partnership with Texas State University](https://thecreditunionconnection.com/greater-texas-recognizes-longtime-partnership-with-texas-state-university/): Greater Texas Credit Union presented the Texas State University athletics department with a special framed football jersey to recognize the university’s longstanding partnership with the credit union as well as to celebrate its athletic achievements. Greater Texas Credit Union President and CEO, Howard Baker, presented the gift to Texas State Athletic Director Don Coryell. Competing for championships and setting records are now the norm for the Bobcats, as Texas State Athletics is stronger and more successful than ever. Winners of two of the last five Sun Belt Conference Vic Bubas Cups as the conference’s all-sports champion, success continues to build. […] - [Alliant Credit Union\'s 2023 Annual Report: A Record $439 Million in Dividends Paid as Membership Soars to 830,000](https://thecreditunionconnection.com/alliant-credit-unions-2023-annual-report-a-record-439-million-in-dividends-paid-as-membership-soars-to-830000/): Report details member savings of $442 million by banking with Alliant vs. having same accounts with the average national bank Today, the all-digital Alliant Credit Union unveiled its 2023 annual report, showing a strong financial performance for one of the largest credit unions in the nation and soaring member value vs. traditional banks. Alliant reports both record dividends paid and record membership growth coupled with substantial member savings by having accounts with Alliant vs. the average national bank, despite an overall tumultuous year for the U.S. economy. Through continued investments in its digital-first strategy, technological innovation and a focus on […] - [Montana’s Credit Unions Introduces Personify Leadership Training for Credit Union Leaders](https://thecreditunionconnection.com/montanas-credit-unions-introduces-personify-leadership-training-for-credit-union-leaders/): Montana’s Credit Unions (MCU) is partnering with the award-winning Personify Leadership® program to present a credit union-specific model for training leaders – and up-and-coming leaders. Personify Leadership® is a fun, experiential, two-day program focusing on the eight core body-focused competencies of a leader: heart, mind, ears, voice, hands, feet, spine, and eyes. This leadership program combines research-based, practical content with experiential activities to help build on the strengths of your existing and emerging leaders and develop qualities they may not know they have. “Leadership is not reserved for an elite few. It is something that we all have within us. […] - [Ncontracts and America’s Credit Unions Announce Alliance ](https://thecreditunionconnection.com/ncontracts-and-americas-credit-unions-announce-alliancenbsp/): Ncontracts, the leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced today its agreement with America’s Credit Unions for the promotion of Ncontracts’ full suite of time and cost-saving risk management solutions. This includes Ncontracts’ newest offering, Ntelligent Contracts Assistant, an AI-powered module of Ncontracts’ third-party risk management solution (Nvendor) that quickly extracts and analyzes information from vendor contracts, turning hours of contract reviews into minutes. It also includes Nrelief – lending compliance solutions that include fair lending analytics paired with the guidance of experienced fair lending analysts.  “Our goal is to help […] - [CUSG Expands Its Financial Empowerment Portfolio for Credit Union Members to Include Estate Planning](https://thecreditunionconnection.com/cusg-expands-its-financial-empowerment-portfolio-for-credit-union-members-to-include-estate-planning/): An ideal complement to the Love My Credit Union® Rewards program, the addition of Trust & Will empowers tens of millions of credit union members with easy, affordable tools to secure their financial future. CU Solutions Group (CUSG), a credit union service organization offering leading edge products and services in the areas of martech, performance, and financial empowerment, has partnered with Trust & Will, the leading digital estate planning and settlement platform, to include estate planning in its Love My Credit Union Rewards program offerings. This new partnership aims to bridge the gap in the estate planning landscape, by offering […] - [TopLine Financial Credit Union Helps High School Students With Job Readiness](https://thecreditunionconnection.com/topline-financial-credit-union-helps-high-school-students-with-job-readiness/): TopLine Participates in Osseo Senior High School Mock Interviews TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, participated in Osseo Senior High School’s mock interview day, a training exercise that simulates a real-life job interview.   Eight TopLine employees volunteered their time to interview Osseo High School students to help prepare them for post-secondary education options, future career exploration and to develop interviewing skills. Nearly 800 students participated in Osseo High School’s mock interview program which aims to give students practice applying and interviewing for jobs. Over the course of 2 hours, eight TopLine employees conducted a “mock […] - [Credit Unions For Kids Introduces Two New Signature Events](https://thecreditunionconnection.com/credit-unions-for-kids-introduces-two-new-signature-events/): New in 2024: Bourbon, BBQ and Bands hosted by the Cornerstone League and Night of Miracles, hosted by the League of Southeastern Credit Unions. Credit unions have been proud partners of CMN Hospitals through CU4Kids since 1996 and have raised more than $200 million locally for children’s hospitals across the United States and Canada. Although there are many ways to contribute, a primary source of fundraising for the CU4Kids program comes from signature events. In 2024, two new events are being added to the CU4Kids event lineup. BOURBON, BBQ AND BANDS On Friday, October 11, credit unions and system partners […] - [IgniteFI Launches Fractional Fintech to Provide Startups Seasoned Expertise](https://thecreditunionconnection.com/ignitefi-launches-fractional-fintech-to-provide-startups-seasoned-expertise/): Fintech leaders are visionaries who understandit takes more than vision to succeed. Running a fintech… - [Origence Kicks Off 30th Anniversary Celebrating $550+ Billion Milestone In Credit Union Loans Funded ](https://thecreditunionconnection.com/uv9gw44h049nki893fsvpyruhw89xt/): The company funded $59 billion loans in 2023, contributing to its overall growth  Origence, the leading lending technology solutions provider for credit unions, celebrates its 30th year of operations in 2024 reaching a historic achievement of funding $551.2 billion in loans. The company also announced its network expansion to include 20,000 auto dealerships across the U.S. serving the more than 1,100 network credit unions and their 64 million members. Throughout 2023, Origence collaborated with credit unions nationwide to serve members’ diverse and evolving financial needs. The collective efforts resulted in more than $59 billion funded for 2 million loans processed through Origence platforms.  […] - [Robins Financial Credit Union Announces New Board Member](https://thecreditunionconnection.com/robins-financial-credit-union-announces-new-board-member/): Robins Financial Credit Union is pleased to announce the appointment of Chris Davis as the newest member of their Board of Directors. Chris Davis, new appointed member of the Board of Directors for Robins Financial Credit Union As a new member of the Board of Directors, Davis will play a crucial role in guiding the credit union’s strategic plan, setting policies, managing risk, and upholding the credit union’s core values. Robins Financial’s board members serve on a volunteer basis and work closely through the credit union’s various charitable giving programs. “We extend our gratitude to Chris for volunteering his time […] - [BHFCU Recognized as Top Workplace in Great Plains](https://thecreditunionconnection.com/bhfcu-recognized-as-top-workplace-in-great-plains/): Employee engagement partner Energage recently awarded Black Hills Federal Credit Union (BHFCU) the 2024 Great Plains Top Workplaces award. The award identifies BHFCU as a premier workplace across all industries in the Midwest Region (SD, ND, WY, NE, KS.) BHFCU asks staff to provide feedback through the Energage Workplace Survey each year. Top Workplaces uses this data to rank organizations nationwide and recognize them for areas in which they excel. “As a Human Resource professional, I’m extremely proud to work for an organization that is passionate about its people,” said August Hicks, Human Resources Manager. “We were thrilled to receive […] - [Teachers Federal Credit Union Selects Corridor Platforms to Help Accelerate Transformation and Growth](https://thecreditunionconnection.com/teachers-federal-credit-union-selects-corridor-platforms-to-help-accelerate-transformation-and-growth/): Teachers Federal Credit Union, a leading financial institution in the United States with $9.7 billion in assets, is excited to unveil an innovative partnership with Corridor Platforms, a pioneering force in financial decision-making technology. This transformative collaboration marks a significant milestone for the credit union, poised to redefine its approach to decision management. By integrating state-of-the-art real-time credit decisioning capabilities, this alliance promises to elevate the member experience, optimize risk management and governance through automation, and catalyze growth at an unparalleled rate. \”Ensuring that we can extend financial products and services to more members across the country is a top […] - [Landmark Credit Union Donates $58,680 to Children\'s Wisconsin through Annual Chain of Hearts Campaign](https://thecreditunionconnection.com/landmark-credit-union-donates-58680-to-childrens-wisconsin-through-annual-chain-of-hearts-campaign/): Upholding its three-decade legacy of support for Children\’s Wisconsin, a Children\’s Miracle Network Hospital, Landmark Credit Union is proud to announce the success of its annual Chain of Hearts Campaign, raising $58,680. This campaign is an opportunity specifically for credit unions where members and the community can purchase paper links for $1 and hearts for $10 to support the cause and visually represent the credit union philosophy of \”people helping people.\” \”It\’s empowering to see our community come together through the Chain of Hearts Campaign to make such a positive impact in less than three weeks\’ time,\” said Jay Magulski, Landmark Credit […] - [Auto Link Further Enhances Integration with Auto Financial Group with a Borrower Facing Payment Calculator](https://thecreditunionconnection.com/auto-link-further-enhances-integration-with-auto-financial-group-with-a-borrower-facing-payment-calculator/): Auto Link, a leading fintech and marketing company serving over 225 financial institutions, continues to build on its strategic partnership with Auto Financial Group (AFG). AFG clients can now leverage Auto Link\’s widget technology to provide a payment comparison calculator on any page of their website without the need of website coding.  Auto Link\’s patented vehicle research marketplace allows financial institutions of any size to provide borrowers all of the vehicle research, buying and financing tools directly on the client\’s website, thus controlling the user experience.   The integration with AFG additionally provides side-by-side payment comparisons between a conventional loan and AFG\’s […] - [Paze Pulse(SM) Report Offers Deep Dive into Online Shopping Patterns](https://thecreditunionconnection.com/paze-pulsesm-report-offers-deep-dive-into-online-shopping-patterns/): Inaugural survey reveals 71% of online shoppers abandon carts, digital wallets key to simplifying checkout experience New research from the Paze PulseSM Report, by Early Warning Services, LLC, revealed that over the past year, 71% of online shoppers have abandoned their online shopping carts. While an overly complicated checkout process and security concerns were among the top reasons for cart abandonment cited in the inaugural \”Paze PulseSM Report: Consumer Online Shopping Preferences,\” 72% of consumers surveyed report they highly value digital payment tools like digital wallets, to make online checkout easy. Paze Pulse Report: The report explores consumer behavior, insights, preferences, and feelings associated with […] - [Akouba\'s Small Business Lending Platform Selected As a Finalist in Callahan & Associates\' 2024 Innovation Series](https://thecreditunionconnection.com/akoubas-small-business-lending-platform-selected-as-a-finalist-in-callahan-amp-associates-2024-innovation-series/): Velocity Solutions announces that its Akouba® Digital Business Lending Platform has been selected as a finalist in the Callahan & Associates and CreditUnions.com\’s 2024 Innovation Series. The 2024 Innovation Series is an opportunity for cutting-edge suppliers to share new innovations in their products and services with a premier credit union audience in five distinct categories. Akouba\’s platform was selected as a finalist in the lending category. Companies chosen as \”Most Innovative Finalists\” will be part of a month-long promotion run by Callahan & Associates on CreditUnions.com. Each finalist will participate in a webinar dedicated to the category in which they were nominated, […] - [Bits of Stock Announces Integration With Q2\'s Digital Banking Platform](https://thecreditunionconnection.com/bits-of-stock-announces-integration-with-q2s-digital-banking-platform/): Financial Institutions can now provide Bits of Stock, a leading digital platform powering Stock Rewards and Loyalty Programs, to customers through Q2\’s Digital Banking Platform Bits of Stock, the platform that empowers Financial Institutions to fuel deposit growth and card transactions by rewarding in fractional shares of stock, today announced an integration with Q2\’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2Holdings, Inc.(NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending. As part of the Q2 Partner Accelerator Program, financial institutions will be able to purchase Bits of Stock and then offer their […] - [Premier Members Credit Union Highlights 2023 Community Impact](https://thecreditunionconnection.com/premier-members-credit-union-highlights-2023-community-impact/): Incredible Impact to Local Communities There is giving and then there is partnering. Premier Members Credit Union partnered in unique ways this past year to create true impact on all the communities it serves.  It was a banner year for the Credit Union showing the nonprofit relationships, sustainability initiatives and awards, as well as events and financial literacy initiatives. There are several pillar highlights where specific programs and initiatives are showcased in this year’s report.  The financial highlights are: 2,846 Staff Community Outreach Hours Donated $30,000 Youth Scholarship Support $25,000 Nonprofit Grant Support $14,858 Youth Investment $121,493 Charitable Outreach $47,639 […] - [OCCU Foundation Supports Community in Wake of Ice Storm](https://thecreditunionconnection.com/occu-foundation-supports-community-in-wake-of-ice-storm/): When a debilitating ice storm rattled OCCU’s community in January 2024, downing power lines, causing property damage and making roads impassable, the credit union stepped up. OCCU Foundation, OCCU’s philanthropic arm, gave more than $40,000 in the aftermath of the storm to lend a hand to those affected. Of the total, $20,000 went to local food security nonprofits through the Foundation’s Feeding Families Fund. These included food banks and mobile pantries that lost tons of perishables due to the loss of power. One OCCU team member’s neighborhood following the January 2024 ice storm. Another $20,900 was divided among 121 OCCU […] - [Dietrich Kuhlmann to Assume Role of Navy Federal Credit Union CEO on March 1](https://thecreditunionconnection.com/dietrich-kuhlmann-to-assume-role-of-navy-federal-credit-union-ceo-on-march-1/): Navy Federal Credit Union today announced that Dietrich Kuhlmann will become its next president and chief… - [OUR Credit Union Selects Andre Vygnanski as Chief Experience Officer (CXO)](https://thecreditunionconnection.com/our-credit-union-selects-andre-vygnanski-as-chief-experience-officer-cxo/): OUR Credit Union is pleased to announce the hiring of Andre Vygnanski as its new Chief Experience… - [GTE Financial To Celebrate First Clearwater Location Grand Opening With Tampa Bay Lightning Giveaways and More](https://thecreditunionconnection.com/gte-financial-to-celebrate-first-clearwater-location-grand-opening-with-tampa-bay-lightning-giveaways-and-more/): GTE Financial, one of the largest locally owned credit unions in Tampa Bay, is pleased to announce the grand opening of its first-ever Community Financial Center in Clearwater, Florida, on Saturday, February 24, 2024, from 10 AM to 1 PM. As the official credit union of the Tampa Bay Lightning, GTE Financial is giving away free Tampa Bay Lightning hats to the first 500 attendees. One winner will receive an autographed hockey stick by Lightning team captain Steven Stamkos. Other activities include an appearance by Thunder Bug, a meet and greet with Tampa Bay Lightning Alumni Daren Puppa, and much […] - [Westerra Credit Union CEO Shares His CU Career Journey at GAC](https://thecreditunionconnection.com/zx3j32rgtzascgffzhngk0huz4a00p/): Some in the credit union community dream of becoming CEO. Of course, being CEO means you need to have a keen sense of strategy, a superb relationship building skills (particiularly with boards), and a high-level understanding of the many facets that go into daily operations. Our Co-Founder/Publisher/Editor Sarah Snell Cooke got the chance to talk to CEO of Westerra Credit Union Steve Schmidle at GAC 2024 to talk about his journey to the CEO position, Westerra’s 90th anniversary, and what it all means for the credit union’s future. Read the full transcript below: Discolsure: Transcript is automatically generated Sarah Cooke […] - [Randolph-Brooks Federal Credit Union Selects Blend to Transform its Loan Origination Experience](https://thecreditunionconnection.com/randolph-brooks-federal-credit-union-selects-blend-to-transform-its-loan-origination-experience/): 10th Largest Credit Union in the U.S. Chooses Blend’s Mortgage Suite and Home Equity Solution Blend, a leading provider of cloud banking services, announced today that Randolph-Brooks Federal Credit Union (RBFCU) has selected Blend’s Mortgage Suite – including income verification and Blend Close – to streamline their mortgage origination process. RBFCU will also adopt Blend’s Home Equity solution, providing their members access to a fully digital, end-to-end home equity product that significantly reduces loan application approval times. “Helping our members achieve their financial goals while providing a personalized member experience has always been a top priority for RBFCU,” RBFCU’s Senior […] - [Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability](https://thecreditunionconnection.com/ascent-secures-venture-funding-to-modernize-underwriting-infrastructure-and-deliver-financial-portability/): Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced today that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. As open banking takes hold in the US, community banks and credit unions will need new tools to compete and win. Ascent is the first platform that enables financial institutions and their customers to securely and bidirectionally share internal and external financial information, on a permissioned basis. The platform positions banks and credit unions to act as trusted […] - [Reliant Credit Union Donates $25,000 to Greater Rochester Habitat for Humanity](https://thecreditunionconnection.com/reliant-credit-union-donates-25000-to-greater-rochester-habitat-for-humanity/): Reliant Credit Union recently donated $25,000 to the Greater Rochester Habitat for Humanity, a… - [United Community Credit Union Issues Loyalty Bonus to Members](https://thecreditunionconnection.com/united-community-credit-union-issues-loyalty-bonus-to-members/): United Community Credit Union (UCCU), a member-owned financial institution, recently paid its members… - [AFFCU (Air Force Federal Credit Union) Unveils New Name and Brand](https://thecreditunionconnection.com/affcu-air-force-federal-credit-union-unveils-new-name-and-brand/): AFFCU is excited to announce its upcoming transformation with a bold new brand and name, Soarion… - [Verity Credit Union’s Successful Partnership with Zest AI Expands Credit Access to Underserved Communities  ](https://thecreditunionconnection.com/verity-credit-unions-successful-partnership-with-zest-ai-expands-credit-access-to-underserved-communitiesnbspnbsp/): Verity Credit Union announced today the measurable results of its partnership with Zest AI. The two… - [Halcyon and Xactus Announce Strategic Partnership to Revolutionize Income Verification Process for Lenders](https://thecreditunionconnection.com/halcyon-and-xactus-announce-strategic-partnership-to-revolutionize-income-verification-process-for-lenders/): Halcyon, a cutting-edge fintech provider of tax transcript solutions with GSE reps/warrants for both… - [New Nacha Rules Take Aim at Credit-Push Fraud](https://thecreditunionconnection.com/new-nacha-rules-take-aim-at-credit-push-fraud/): Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as… - [Coviance™ Announces Integration with Encompass® by ICE Mortgage Technology®](https://thecreditunionconnection.com/coviance-announces-integration-with-encompass-by-ice-mortgage-technology/): Coviance announced today that its platform is now integrated with Encompass® by ICE… - [PSCU Payments Index: March 2024](https://thecreditunionconnection.com/pscu-payments-index-march-2024/): PSCU has published the March edition of the PSCU Payments Index, the goal of which is to provide… - [Register Now for “Money Moves to Build Savings and Financial Capability” Webinar on April 11](https://thecreditunionconnection.com/register-now-for-money-moves-to-build-savings-and-financial-capability-webinar-on-april-11/): Learn about building financial capability during an April 11 webinar hosted by the… - [Chimney Surpasses 65 Credit Unions with its Growing Client Base](https://thecreditunionconnection.com/chimney-surpasses-65-credit-unions-with-its-growing-client-base/): Chimney has announced the addition of 14 new credit unions to its growing client roster in the… - [Copper State Credit Union Takes One Platform Approach with Jack Henry](https://thecreditunionconnection.com/copper-state-credit-union-takes-one-platform-approach-with-jack-henry/): Jack Henry™ announced today that Copper State Credit Union will leverage the company\'s single… - [Tricorp Federal Credit Union Announces Billy LaFavoras Successor to Steve Roy](https://thecreditunionconnection.com/tricorp-federal-credit-union-announces-billy-lafavoras-successor-to-steve-roy/): The Board of Directors of Tricorp Federal Credit Union announced today that Billy LaFavor has… - [Origence Announces 14 Breakout Sessions for Lending Tech Live](https://thecreditunionconnection.com/origence-announces-14-breakout-sessions-for-lending-tech-live/): Origence announces breakout sessions for its Lending Tech Live ’24 conference, scheduled… - [ACS Donates More Than $860,000 to LSCU in Support of Advocacy and Small Credit Unions, Totaling More Than $4 Million Since 2020](https://thecreditunionconnection.com/acs-donates-more-than-860000-to-lscu-in-support-of-advocacy-and-small-credit-unions-totaling-more-than-4-million-since-2020/): The Board of Directors for Affiliates Consolidated Services (ACS), the wholly-owned holding company… - [Coastal Credit Union Foundation Awards More Than $250k in Grants](https://thecreditunionconnection.com/coastal-credit-union-foundation-awards-more-than-250k-in-grants/): The Coastal Credit Union Foundation has awarded $252,500 to 15 nonprofits in North Carolina during… - [Richland Federal Credit Union Declares/Distributes Special Dividend](https://thecreditunionconnection.com/lsaqwm1l22dapsuyegn8gqppk1l1ne/): The Richland Federal Credit Union (FCU) board of directors has declared a special dividend… - [PSECU President & CEO George Rudolph Named to 2024 Power 100 List by Central Penn Business Journal ](https://thecreditunionconnection.com/psecu-president-amp-ceo-george-rudolph-named-to-2024-power-100-list-by-central-penn-business-journalnbsp/): George Rudolph, President & CEO of PSECU, , has been named to Central Penn Business… - [Teachers FCU and Corridor Platforms Talk Credit Union-Fintech Partnership at GAC](https://thecreditunionconnection.com/fbxud0oklyx52f93jrmvmfzlheochg/): Credit unions evolved rapidly after the COVID-19 wake-up call to adopt the necessary technology to survive and thrive. Considering how much the big banks use technology to bring in customers, there’s really no other choice. Teachers Federal Credit Union has partnered with Corridor Platforms to redefine its approach to decision management by integrating state-of-the-art real-time credit decisioning capabilities to elevate member experience, optimize risk management and governance through automation, and catalyze growth at an unparalleled rate. Our Co-Founder Sarah Snell Cooke sat down to talk with Teachers FCU Chief Technology Officer Suresh Renganathan and Corridor Platforms CEO Manish Gupta to […] - [Minnesota Credit Union Advocates Inducted into CU House Hall of Leaders ](https://thecreditunionconnection.com/minnesota-credit-union-advocates-inducted-into-cu-house-hall-of-leadersnbsp/): The Minnesota Credit Union Network (MnCUN), the state’s trade association for credit… - [CDFI Fund Releases Application Demand for FY 2024 Round of CDFI Program and NACA Program](https://thecreditunionconnection.com/cdfi-fund-releases-application-demand-for-fy-2024-round-of-cdfi-program-and-naca-program/): The application period for the fiscal year (FY) 2024 funding round for the Community… - [Robins Financial Credit Union Supports Women Build Day](https://thecreditunionconnection.com/robins-financial-credit-union-supports-women-build-day/): In partnership with Macon Area Habitat for Humanity, team members from Robins Financial Credit… - [Reliant Donates Sneakers for Children at The Children’s School of Rochester](https://thecreditunionconnection.com/reliant-donates-sneakers-for-children-at-the-childrens-school-of-rochester/): Reliant Credit Union continues its mission to help students in the Finger Lakes put their best feet forward!  Recently, Reliant donated 75pairs of sneakers to The Children’s School of Rochester, to be given to given to students in pre-kindergarten through sixth grade. This marks the first donation this year forReliant’s Feet Forward program, a special community effort Reliant created in 2016, through which the credit union partners with area schools and organizations to provide quality sneakers to kids who need them. For the fifth year in a row, Reliant is collaborating with Jonathan Griffiths, owner of Rochester Running Company, who […] - [Artificial Intelligence for Credit Unions: Stepping into the Future](https://thecreditunionconnection.com/y75jj0ankgdquk3hmjhqu1xrnj0uni/): By Aequilibrium CEO Adrian Moise  The recent Operations & Member Experience (OME) Council underscored the burgeoning importance of artificial intelligence (AI) in the credit union sector. The sheer volume of content dedicated to AI, including numerous panel discussions and case studies, illuminated AI\’s pivotal role in shaping the future of credit unions. As credit union leaders and industry experts discussed the real-world applications and strategic implementation of AI during the conference, it became evident that the dynamic synergy between AI and credit unions is not just a theoretical concept, but a tangible reality poised to revolutionize the member experience through a […] - [Setting 2024 Strategic Priorities for Credit Union Leadership](https://thecreditunionconnection.com/setting-2024-strategic-priorities-for-credit-union-leadership/): By Jeff Grobaski, CEO, Epic River For credit union leaders, 2023 was defined by an unprecedented series of obstacles. From the enduring impacts of the pandemic to the unpredictable economic landscape, credit unions faced conditions that tested their resilience and demanded strong adaptability. Strategic decision-making was paramount, requiring a forward-looking approach to anticipate and mitigate potential risks. Many of these challenges are likely to persist in 2024 and will set the tone for credit unions’ strategic direction. By examining the hurdles of 2023, credit union teams can identify pivotal strategies essential for navigating and succeeding in the upcoming year. Challenges […] - [SchoolsFirst Federal Credit Union Sponsors Cal Poly Pomona Partners in Education (PIE) Fellowship Awards](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-cal-poly-pomona-partners-in-education-pie-fellowship-awards/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their… - [CDFI Fund Title VI Compliance Worksheet Webinar](https://thecreditunionconnection.com/cdfi-fund-title-vi-compliance-worksheet-webinar/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and… - [PAHO/WHO FCU, The Fruit Tree Planting Foundation Help Create DC’s Largest Food Forest](https://thecreditunionconnection.com/pahowho-fcu-the-fruit-tree-planting-foundation-help-create-dcs-largest-food-forest/): PAHO/WHO Federal Credit Union and The Fruit Tree Planting Foundation have teamed up to plant fruit… - [Jack Henry Financial Crimes Defender™ Named Best Fraud Prevention Platform in 2024 FinTech Breakthrough Awards Program](https://thecreditunionconnection.com/jack-henry-financial-crimes-defender-named-best-fraud-prevention-platform-in-2024-fintech-breakthrough-awards-program/): Jack Henry™ today announced that Financial Crimes Defender™ has been selected as winner of the Best… - [Navy Federal Credit Union Announces Next Chief Operating Officer](https://thecreditunionconnection.com/navy-federal-credit-union-announces-next-chief-operating-officer/): Kara Cardona has been announced as Navy Federal Credit Union’s next Chief Operating… - [How credit unions can combat aging membership through financial education for kids](https://thecreditunionconnection.com/credit-unions-combat-aging-membership-financial-education-for-kids/): As the savings rate dwindles and the age of the average credit union member is on the rise, it makes perfect sense to focus on educating the youth about financial stability and wealth building, from savings to being responsible about debt. Credit unions were founded to promote thrift, and given that April is National Financial Literacy Month, it\’s a great time for credit unions to revamp what they\’ve been doing to ensure continued relevance and improved financial lives of their members. The Credit Union Connection Co-Founder/Publisher/Editor-in-Chief Sarah Snell Cooke sat down with Greenlight\’s SVP of business development, Matt Wolf, to […] - [THINK 24 Adds Keynoters: Experts in AI, Organizational Growth to Stimulate New Ideas for Credit Unions](https://thecreditunionconnection.com/think-24-adds-keynoters-experts-in-ai-organizational-growth-to-stimulate-new-ideas-for-credit-unions/): The speaker agenda has expanded with two new noteworthy keynote presenters for THINK 24 from… - [Register Now for April 4 Liquidity Risk Management Webinar](https://thecreditunionconnection.com/register-now-for-april-4-liquidity-risk-management-webinar/): The National Credit Union Administration will host a webinar on April 4 on liquidity risk management… - [Federman & Sherwood Investigates Community Credit Union of New Milford for Data Breach](https://thecreditunionconnection.com/federman-amp-sherwood-investigates-community-credit-union-of-new-milford-for-data-breach/): The law firm of Federman & Sherwood has initiated an investigation into Community Credit Union of… - [Amber Harsin Shares Her Credit Union Career Journey at GAC](https://thecreditunionconnection.com/fintech-women-amber-harsin-gac-2024/): Working and being a part of credit unions is a journey in and of itself. Sometimes the road taken to get into credit unions can be surprising, and once in, you may end up doing things or taking on roles you couldn’t have possibly imagined. At GAC 2024, Sarah Snell Cooke talked with fintech executive Amber Harsin to discuss her credit union career journey, from how she first entered the industry as a teller to becoming a fintech CEO. Additionally, she shares advice on how others can advocate for themselves and the work they do. Read the full transcript below: […] - [Union Credit’s Barry Kirby Discusses Marketing To Younger Consumers at GAC](https://thecreditunionconnection.com/union-credit-barry-kirby-cuna-gac-2024/): As the median age of the credit union member continues to climb, one of the main problems is marketing to these younger potential members. Many millennials and members of Gen Z simply do not know that credit unions exist or how they’re different from banks. Just 4% of Gen Z has accounts at credit unions! This is a massive opportunity! At GAC 2024, Sarah Snell Cooke had the chance to talk to Union Credit Co-Founder and Chief Revenue Officer Barry Kirby to talk about how important it is for credit unions to reach younger consumers digitally and how Union Credit’s […] - [FORUM Credit Union Announces2024 Collegiate Scholarship Recipients](https://thecreditunionconnection.com/forum-credit-union-announces2024-collegiate-scholarship-recipients/): FORUM Credit Union announces the recipients of seven, $5,000 annual collegiate scholarships for the 2024-2025 academic… - [America’s Credit Unions Small CU Initiatives Manager Tom Sakash on the Future of Small Credit Unions at GAC 2024](https://thecreditunionconnection.com/small-credit-union-intiatives-from-americas-credit-unions-cuna/): Small credit unions continue to need a significant amount of support in order for them to support their communities. Given their limited resources, it can be difficult to find partners and attend conferences to learn about new ideas and solutions. Sarah Snell Cooke sat down with America’s Credit Unions Small CU Initiatives Manager Tom Sakash at GAC 2024 to talk about what’s to come from America’s Credit Unions (formerly CUNA) and how they will continue to support small credit unions into the future. We cover everything from the war for talent to the NCUA’s records retention rules. Sakash recognizes that […] - [OMNI Investment Services Partners with TruStage & LPL Financial to Elevate Investment and Wealth Management Services](https://thecreditunionconnection.com/uvd8nc52n6pjg8s311j173k195wxb6/): OMNI Investment Services is proud to announce an exciting partnership with TruStage and LPL Financial, aimed at providing… - [Firemen’s Federal’s Parvazi selected for Filene i3](https://thecreditunionconnection.com/firemens-federals-parvazi-selected-for-filene-i3/): Armand Parvazi, Chief Administrative & Development officer of New Orleans Firemen’s Federal… - [Agencies Take Temporary Action on Appraisal Requirements in Area Affected by Hawaii Wildfires](https://thecreditunionconnection.com/agencies-take-temporary-action-on-appraisal-requirements-in-area-affected-by-hawaii-wildfires/): To help facilitate recovery efforts from wildfires in Hawaii last year, four federal financial institution… - [PenAir Welcomes Accomplished Credit Union Leader Andrew Reynolds as Chief Strategy Officer](https://thecreditunionconnection.com/penair-welcomes-accomplished-credit-union-leaderandrew-reynolds-as-chief-strategy-officer/): PenAir Credit Union is delighted to announce the appointment of Andrew Reynolds as Chief Strategy Officer, bringing… - [Sooper Credit Union Highlights Huge Year of Community Giving](https://thecreditunionconnection.com/sooper-credit-union-highlights-huge-year-of-community-giving/): Sooper Credit Union and its employees gave back to the community through volunteer hours and financial donations… - [MiniBranch Celebrates One Year of Empowering Credit Unions Coast to Coast with Stellar Success](https://thecreditunionconnection.com/minibranch-celebrates-one-year-of-empowering-credit-unions-coast-to-coast-with-stellar-success/): March marks the one-year anniversary since the official launch of MiniBranch, the groundbreaking digital platform dedicated to… - [Sacramento Valley Credit Union Network Hosts Influential CEO Panel](https://thecreditunionconnection.com/sacramento-valley-credit-union-network-hosts-influential-ceo-panel/): The California Credit Union League’s Sacramento Valley Network recently hosted a dynamic… - [COO of Origence Bob Child Talks About the Evolution of Auto Lending at GAC 2024](https://thecreditunionconnection.com/zsstg8jmpme25tieqw3r2s4r860i0n/): Auto lending continues to evolve as technology continues to evolve. As the auto industry slowly shifts toward electric vehicles and more buyers go online to shop for vehicles, credit unions need to take steps to make sure their auto lending program can keep up. Sarah Cooke sat down to talk with the COO of Origence Bob Child to discuss the future of auto lending and how credit unions can make sure they’re not missing out. He also talks about the evolution Origence and the many other changes they’ve made alongside their multiple changes of name. Read the full transcript below: […] - [Partnership Supports Trailblazer for Women in Motorsports](https://thecreditunionconnection.com/partnership-supports-trailblazer-for-women-innbspmotorsports/): PenFed Credit Union, the nation\'s second-largest federal credit union, announced today it… - [Uncommon Giving CEO Andy Howell Speaks About the Power of Volunteerism At GAC 2024](https://thecreditunionconnection.com/ocqkk9u4aktzjigq69imbusdvcn8p4/): Alongside the various financial services they provide, charity is another way credit unions can support their communities. Not only can it help bring credit union staff and the community closer together, it can fellow staff members closer together as well. Of course, if you plan to organize a charity project across the whole credit union, it helps to have a little backup. At GAC 2024, Sarah Cooke got the chance to talk with Uncommon Giving CEO Andy Howell and discuss the eagerness and readiness of credit unions to give to their respective communities. Howell also talks about the Uncommon Giving […] - [40% of Americans Anticipate Financial Challenges in 2024, According to MeridianLink Survey](https://thecreditunionconnection.com/40-of-americans-anticipate-financial-challenges-in-2024-according-to-meridianlink-survey/): MeridianLink, Inc., a provider of modern software platforms for financial institutions and consumer… - [Credit Union Assets and Delinquencies Grow in the Fourth Quarter](https://thecreditunionconnection.com/credit-union-assets-and-delinquencies-grow-in-the-fourth-quarter/): According to the latest financial performance data released today by the National Credit Union… - [United States Senate Federal Credit Union CEO Meets with Federal Reserve Board and CFPB Leadership Advocating for Credit Unions and Their Members](https://thecreditunionconnection.com/united-states-senate-federal-credit-union-ceo-meets-with-federal-reserve-board-and-cfpb-leadership-advocating-for-credit-unions-and-their-members/): United States Senate Federal Credit Union (USSFCU) President and CEO Timothy Anderson was…, - [Achieva Credit Union Selects Curinos to Optimize Members Saving Experience Amidst Changing Rate Environments](https://thecreditunionconnection.com/achieva-credit-union-selects-curinos-to-optimize-members-saving-experience-amidst-changing-rate-environments/): Curinos, a global data intelligence business serving financial institutions across lending, deposits… - [MDT Partners with Allure Security, Helping Credit Unions Defend Against Fraud](https://thecreditunionconnection.com/mdt-partners-with-allure-security-helping-credit-unions-defend-against-fraud/): MDT, a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud… - [Jack Henry & Associates to Elevate Shanon McLachlan to COO in July 2024](https://thecreditunionconnection.com/jack-henry-amp-associates-to-elevate-shanon-mclachlan-to-coo-in-july-2024/): Jack Henry & Associates Inc.® announced today that Shanon McLachlan, President of Jack Henry Credit… - [Former CEO of GDS Link Paul Greenwood Discusses the Evolving Partnership Between Credit Unions and Fintechs at GAC](https://thecreditunionconnection.com/og6cjomyxzibisjfgl71qtpp3si1kz/): As the median age of the credit union continues to rise, credit unions may need help to reach younger potential members. In order to reach those younger members and offer them products and services they want to use, incorporating technology and social media is required, and it must be done so in a way that is convenient and easy for them. However, some credit unions might not have the resources in house to provide such services, and that can be where fintechs come in. Sarah Cooke had the opportunity to sit down and talk with the former CEO of GDS […] - [Jessica Krywosa Named Assistant Vice President of Digital Strategy at Service Credit Union](https://thecreditunionconnection.com/jessica-krywosa-named-assistant-vice-president-of-digital-strategy-at-service-credit-union/): Service Credit Union is excited to announce that Jessica Krywosa has been named Assistant Vice President of Digital… - [Sound Credit Union and Washington Business Bank Announce Acquisition Agreement](https://thecreditunionconnection.com/sound-credit-union-and-washington-business-bank-announce-acquisition-agreement/): Sound Credit Union and Washington Business Bank, headquartered in Olympia, Washington, announced today they have entered… - [LSCU Honors Sens. Britt, Warnock, and Rep. Cammackas 2023 Federal Lawmakers of the Year](https://thecreditunionconnection.com/lscu-honors-sens-britt-warnock-and-rep-cammackas-2023-federal-lawmakers-of-the-year/): The League of Southeastern Credit Unions (LSCU) is excited to announce that Alabama Senator… - [United States Senate Federal Credit Union (USSFCU) Hosts African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) for Strategic Roundtable Discussion](https://thecreditunionconnection.com/united-states-senate-federal-credit-union-ussfcu-hosts-african-confederation-of-cooperative-savings-amp-credit-associations-accosca-for-strategic-roundtable-discussion/): The United States Senate Federal Credit Union (USSFCU) proudly welcomed esteemed members of the African Confederation of Cooperative Savings & Credit Associations (ACCOSCA) to its headquarters for a dynamic and insightful strategic roundtable discussion. Led by USSFCU President & CEO Timothy Anderson and featuring key executives from both organizations, the gathering facilitated a robust exchange of ideas, experiences, and best practices in the realm of credit unions. Among the distinguished guests was Mr. George Ombado, Executive Director of ACCOSCA, renowned for his expertise in international credit union development. The roundtable served as a platform for discussing critical topics including regulatory […] - [Inclusiv and Cornerstone League Integrate Juntos Avanzamos Program](https://thecreditunionconnection.com/inclusiv-and-cornerstone-league-integrate-juntos-avanzamos-program/): Advancing financial inclusion in Hispanic and immigrant communities Inclusiv and Cornerstone League are proud to announce the signing of a Memorandum of Understanding (MOU) to integrate the Cornerstone Juntos Avanzamos program into the National Juntos Avanzamos program led by Inclusiv. Caroline Willard, president and CEO of Cornerstone, and Cathie Mahon, president and CEO of Inclusiv, signed the MOU at Inclusiv’s Juntos Avanzamos Roundtable at America’s Credit Unions’ Governmental Affairs Conference (GAC), uniting both programs under Inclusiv’s leadership. As part of the agreement, both organizations will launch an initiative directed to support Cornerstone footprint credit unions, providing best practices and assistance […] - [Jason Endsley Joins Greater Texas to Oversee, Expand Payment Services](https://thecreditunionconnection.com/jason-endsley-joins-greater-texasto-oversee-expand-payment-services/): Greater Texas Credit Union has added seasoned payments professional Jason Endsley to its management team as Vice President, Payments Strategy & Operations. Endsley has been successfully managing card payment programs for 20 years. He has extensive experience in the consumer banking industry, commercial card operations, and government card payment services. For the past eight years Endsley oversaw card operations and strategy at University Federal Credit Union. Under his leadership the card portfolio realized tremendous revenue growth. By modernizing its payments program, improving operational efficiency, and executing innovations, the credit union became a top 100 Visa card issuer in North America. […] - [Annnnd…Why Should Credit Unions Care About Achieving “World Class” Performance?](https://thecreditunionconnection.com/annnndwhy-should-credit-unions-care-about-achieving-world-class-performance/): By Rhonda Sheets, Support EXP President | CEO | Founder Edward Filene, retail innovator and early champion of the credit union movement in the United States, said that “if we chase the facts far enough, we are sure to discover Truth.” He also speaks of “the courage to follow where the business facts lead.” These quotes reflect Filene\’s steadfast reliance on the power of transparency and objective information to drive positive change. He believed that shedding light on conditions through rigorous factual analysis could fuel constructive action in business practices, government policies, and social conditions. In short, Filene was committed […] - [Rock The Riverfront Coloring Contest Starts Today](https://thecreditunionconnection.com/rock-the-riverfront-coloring-contest-starts-today/): The RCU Foundation Rock the Riverfront Youth Coloring Contest starts on Monday, March 11, 2024.  This contest is for youth 12 years old and under and encourages creativity while building awareness for the annual run/walk and the animal rescue organizations that it supports in 2024.  Ten winners will be selected the week of March 25, and prizes will include a Royal Credit Union (Royal) swag basket valued at $25. To participate, community members can pick-up coloring sheets at any Royal office or print a copy online from rcu.org/Race. Completed entries need to be returned on or before March 22 and can […] - [Hub C Innovation-as-a-Service Online Marketplace Opens to More Credit Unions in Latin America and Caribbean](https://thecreditunionconnection.com/hub-c-innovation-as-a-service-online-marketplace-opens-to-more-credit-unions-in-latin-america-and-caribbean/): Roll out comes after successful launch in the Dominican Republic World Council of Credit Unions’ (WOCCU) is excited to announce its Hub C Innovation-as-a-Service online marketplace is now open to additional credit unions, credit union associations and credit union federations in Latin America and the Caribbean (LAC).  The expansion comes upon completion of a successful launch that allowed credit unions affiliated with Asociación de Instituciones Rurales de Ahorro y Crédito, Inc. (AIRAC), WOCCU’s Direct Member in the Dominican Republic, to explore the marketplace for a period of one month.  The Hub C Innovation-as-a-Service online marketplace, built in partnership with FinConecta, […] - [TTEC Digital Awarded PenFed Credit Union Contract for Genesys Cloud Migration](https://thecreditunionconnection.com/ttec-digital-awarded-penfed-credit-union-contract-for-genesys-cloud-migration/): TTEC Holdings Inc. (NASDAQ:TTEC), a leading global CX (customer experience) technology and services innovator for AI-enabled CX with solutions from TTEC Engage and TTEC Digital, today announced that it was awarded a contract with PenFed Credit Union, the nation\’s second-largest federal credit union, to modernize its member services contact center platform to Genesys Cloud for voice communications. \”We have worked with TTEC Digital for over five years, and we are confident they have the expertise with Genesys and with third-party technologies like Salesforce to move our voice channels seamlessly to the cloud while maintaining a positive, omnichannel experience for our […] - [Meet the new boss, Same as the old boss](https://thecreditunionconnection.com/meet-the-new-boss-same-as-the-old-boss/): By Geoff Bacino, Bacino & Associates With the 2024 election season upon us, many may throw up their hands and become frustrated with the entire process. Why vote when everyone is the same? Will we ever see statesmen and stateswomen in the Capitol? Can anything be done? While there is no concrete answer to these questions, the one thing that is certain is this – in the words of President Obama, “Elections have consequences.” And it is these consequences that should drive all Americans to the polls on election day. While it is easy to turn one’s back on the […] - [Corridor Platforms and Oliver Wyman Join Forces to Address Governance Challenges in New Gen AI Initiative for Financial Services: Project GGX](https://thecreditunionconnection.com/corridor-platforms-and-oliver-wyman-join-forces-to-address-governance-challenges-in-new-gen-ai-initiative-for-financial-servicesnbspproject-ggx/): Corridor Platforms, a leading decision workflow automation platform, and Oliver Wyman, the global management… - [Talkdesk Catapults Member Service Toward its Technological Future at GAC](https://thecreditunionconnection.com/talkdesk-catapults-member-service-toward-its-technological-future-at-gac/): Member service remains as important as ever for credit unions – if not more so, as fintechs and the big banks steal market share. Call centers are not what they used to be, and AI continues to be integrated into digital member service experiences. At GAC 2024, our Co-Founder/Publisher/Editor Sarah Snell Cooke chatted with Talkdesk VP & GM for Financial Services & Insurance Rahul Kumar on how the company is helping credit unions to improve the digital service experience and the steps it is taking to pair technology with personalization for the member. Read the full transcript below: Disclosure: Transcript […] - [Ryan Smith named Chief Advocacy Officer of MN Credit Union Network](https://thecreditunionconnection.com/ryan-smith-named-chief-advocacy-officer-of-mn-credit-union-network/): The Minnesota Credit Union Network announces that Ryan Smith has assumed the role of Chief Advocacy Officer to lead… - [P1 Finance Now Part of Truliant Federal Credit Union](https://thecreditunionconnection.com/p1-finance-now-part-of-truliant-federal-credit-union/): Driven by unprecedented growth, Atlanta-based national premium finance company allies with new, larger financial partner Atlanta-based P1 Finance Holdings, a 37-year-old premium finance company, announces it has become a division of Winston-Salem, NC-based Truliant Federal Credit Union, effective Feb. 1, 2024. \”As loan demand increased from our treasured network of agency, intermediary and carrier partners, we were simply hitting the prior institution\’s capacity limits,\” says Bill Villari, President of P1 Finance. \”Partnering with the larger Truliant ensures we meet rapidly growing loan demand, especially related to our large insured-borrower clients.\” Truliant is a $5.1 billion credit union, and the 80thlargest in the […] - [Robins Financial Credit Union Announces New BSA Manager](https://thecreditunionconnection.com/robins-financial-credit-union-announces-new-bsa-manager/): Robins Financial Credit Union is pleased to announce the promotion of Melinda Haddock to the position of Bank Secrecy Act (BSA) Manager. In this role, Melinda will be responsible for ensuring that the credit union complies with all applicable BSA and Anti-Money Laundering (AML) laws and regulations. She will work closely with internal teams to develop and implement policies, procedures, and training programs to mitigate the risk of money laundering and other financial crimes. “We are thrilled for Melinda to step into the role of BSA Manager,” says Chris Parker, Senior Vice President of Risk Management and General Counsel at […] - [CU LIFT Fund’s Paul Rindone Announces Reseda Group Investment at GAC](https://thecreditunionconnection.com/cu-lift-fund-paul-rindone-launch-gac-2024/): Auto loans continue to be an important lending area for credit unions. However, it can be cumbersome for members to wade through the process, so making the process as efficient as possible makes it easier for both the credit union and the member. At America’s Credit Union Governmental Affairs Conference 2024, Sarah Snell Cooke sat down with CU LIFT Fund President Paul Ridone to talk about the organizations’ work to help credit unions originate direct auto loans and how they are looking toward the future, including their recent partnership with Reseda Group. Read the Full Transcript: Disclosure: Transcript is automatically […] - [McCarter LaBorde Stresses How WOCCU is Smoothing the Regulatory Road Ahead for America’s Credit Unions](https://thecreditunionconnection.com/mccarter-laborde-stresses-how-woccu-is-smoothing-the-regulatory-road-ahead-for-americas-credit-unions/): From digital central bank currencies to open banking and sustainable finance—World Council of Credit Unions (WOCCU) is keeping track… - [AmeriChoice Hosts Tiny Home Event in Support of Veterans Outreach of Pennsylvania](https://thecreditunionconnection.com/americhoice-hosts-tiny-home-event-in-support-of-veterans-outreach-of-pennsylvania/): Soon, members of AmeriChoice Federal Credit Union and the community alike will find a surprising and temporary new addition at the financial cooperative\’s main branch and Sporting Green branch: a tiny home. AmeriChoice is welcoming the tiny home to promote the efforts of Veterans Outreach of Pennsylvania (VOPA), a locally founded and operated non-profit organization. VOPA is currently working to build Veterans Grove, a village of 15 tiny homes and a community center for veterans experiencing homelessness. This special event will start off on March 13 at AmeriChoice\’s main branch at 2175 Bumble Bee Hollow Road in Mechanicsburg. From 9 […] - [Spring Forward with The Gift of Free Coffee: Wescom Celebrates 10thYear of Helping Southern Californians Wake Up through Annual Daylight Saving Time Event](https://thecreditunionconnection.com/spring-forward-with-the-gift-of-free-coffee-wescom-celebrates-10thyear-of-helping-southern-californians-wake-up-through-annual-daylight-saving-time-event/): Wescom Credit Union picking up the tab at 24 The Coffee Bean & Tea Leaf® locations this Sunday, March 10 Wescom, one of the largest community credit unions in California, is helping Southern California residents wake up on Sunday, March 10, 2024 by treating them to free coffee and tea through their signature Daylight Saving Time event. The 10th Annual #WescomKindness event will take place across 24 select The Coffee Bean & Tea Leaf®locations in Los Angeles, Orange, Ventura, Riverside, and San Bernardino counties. “This year’s Daylight Saving Time event is particularly special to Wescom. It marks ten years that […] - [Tinker Federal Credit Union Names New Assistant Vice President](https://thecreditunionconnection.com/tinker-federal-credit-union-names-new-assistant-vice-president/): Lori Schwenke is TFCU’s new assistant vice president/manager, credit analysis. Tinker Federal Credit Union (TFCU) recently promoted Lori Schwenke to assistant vice president/manager, credit analysis. In her role, Schwenke will lead a new credit analysis department within the commercial lending team at TFCU, overseeing the recruitment and development of a team of credit analysts. Her primary responsibility will be to build and lead the department, ultimately enhancing TFCU’s capacity to make informed lending decisions and foster positive financial outcomes for members. “Promoting Lori to lead our credit analysis department aligns perfectly with TFCU’s unwavering commitment to delivering exceptional financial services […] - [FIntegrate Technology Welcomes Industry Veteran, Jeff Harper as Chief Growth Officer](https://thecreditunionconnection.com/fintegrate-technology-welcomes-industry-veteran-jeff-harper-as-chief-growth-officer/): FIntegrate Technology (FIntegrate), the industry leader in innovation and cutting-edge technology for dispute management and  collections and recovery revenue solutions for financial institutions, today announced the addition of Jeff Harper as the new Chief Growth Officer.  This addition marks a significant step in the company’s ongoing efforts to expand its market presence, bolster its direct sales organization, foster partnerships and drive strategic growth initiatives. Harper will report to FIntegerate’s Founder and CEO, Kris Bishop. Harper is a 30-year financial industry veteran who has spent much of his career developing successful teams; building and managing strategic alliances; sales; marketing; accounting and […] - [Robins Financial Credit Union Sponsors Local Charity Golf Tournament](https://thecreditunionconnection.com/robins-financial-credit-union-sponsors-local-charity-golf-tournament/): Robins Financial Credit Union recently made a $1,000 donation to the Houston County Council on Aging’s 25th Annual Meals on Wheels Charity Golf Tournament. The purpose of this event is to raise money to support Houston County Council on Aging, a non-profit organization which provides home delivered nutritious meals to seniors, or those with mental or physical disabilities. “At Robins Financial, our mission is to be Member Focused, Financial Partners, Community Proud,” says Steve Kipper, Assistant Vice President of Branch Services at Robins Financial Credit Union. “One of the ways we live out this mission is by supporting organizations like […] - [Driving Growth for Financial Institutions](https://thecreditunionconnection.com/driving-growth-for-financial-institutions/): As leaders in the financial sector, staying attuned to shifting consumer preferences and emerging trends is paramount to maintaining relevance and driving engagement. One such trend that has captured the attention of both consumers and industry observers alike is the rise of real-time redemption offerings with point-of-sale engagement and email and SMS notifications following purchases. Today, loyalty solutions can engage cardholders with personalized and timely offers. Once enrolled in a program supporting real-time redemptions, cardholders can redeem points either during the purchase or directly after for a statement credit to cover the purchase cost.   “Real-time rewards are key in […] - [WOCCU International Advocacy Demonstrates Global Financial Inclusion Reach of Credit Unions at GAC](https://thecreditunionconnection.com/woccu-international-advocacy-demonstrates-global-financial-inclusion-reach-of-credit-unions-at-gac/): Panel cites examples of success in Colombia, Ukraine and United Kingdom World Council of Credit Unions’ (WOCCU) International Advocacy showed how credit unions are expanding financial inclusion in innovative ways to reach underserved communities in both developing and established economies during its Tuesday breakout session at America’s Credit Unions’ 2024 Governmental Affairs Conference. Erin O’Hern, WOCCU’s International Advocacy and Regulatory Counsel, gave examples of how advocacy work can be integral to expanding financial inclusion efforts. She highlighted the work done through the USAID/WOCCU Credit for Agriculture Producers’ (CAP) Project in Ukraine to ensure credit unions there could serve small and […] - [People\'s Credit Union Teams Up with Butler Basketball ClubMakes $1,000 Donation Toward Using Basketball as a Tool to Give Back](https://thecreditunionconnection.com/peoples-credit-union-teams-up-with-butler-basketball-clubmakes-1000-donation-toward-using-basketball-as-a-tool-to-give-back/): People\’s Credit Union has donated $1,000 to Butler Basketball Club (BBC) to help continue their work creating an environment where children can compete, learn, and socialize. Head of People\’s Credit Union, Sean Daly, and Courtney Hunter, Head of Community Development for People\’s, recently presented a check to BBC President, Randy Butler, to support their efforts to instill fair play, hard work, and tolerance in local youth. \”As two community-based organizations committed to the success of our youth, People\’s Credit Union and Butler Basketball Club are a winning combination,\” said Mr. Daly. \”BBC\’s focus on cultivating character, discipline, and teamwork along […] - [Talkdesk Announces Integration with Q2\'s Digital Banking Platform](https://thecreditunionconnection.com/talkdesk-announces-integration-with-q2s-digital-banking-platform/): Financial Institutions can now easily integrate Talkdesk Financial Services Experience Cloud into Q2’s Digital Banking Platform Talkdesk®, Inc., a global AI-powered contact center leader for enterprises of all sizes, today announced an integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc.(NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. The Q2 Partner Accelerator Program through Q2 Innovation Studio allows in-demand financial services companies to leverage the Q2 SDK (software development kit) to pre-integrate their technology into the Q2 Digital Banking Platform. As part of the Q2 Partner Accelerator Program, financial […] - [Talkdesk Unveils Talkdesk Autopilot, a Generative Artificial Intelligence Customer Service Experience with New Self-Service Use Cases for Banks and Retailers](https://thecreditunionconnection.com/talkdesk-unveils-talkdesk-autopilot-a-generative-artificial-intelligence-customer-service-experience-with-new-self-service-use-cases-for-banks-and-retailers/): Automations powered by generative artificial intelligence dramatically improve the customer experience of everyday banking and retail interactions while reducing the burden on strapped customer service teams Talkdesk®, Inc., a global AI-powered contact center leader for enterprises of all sizes, is making it easier and faster for companies to take advantage of generative artificial intelligence (GenAI) to unlock powerful new efficiencies in the contact center that can drive increased revenue opportunities and improve agent productivity. The company today introduced Talkdesk Autopilot, the next generation of its iconic virtual agent. Talkdesk Autopilot builds upon and expands the AI-powered customer assistant capabilities of […] - [Open Lending Reveals Winners of the Inaugural Economic Vehicle Accessibility Awards](https://thecreditunionconnection.com/open-lending-reveals-winners-of-the-inaugural-economic-vehicle-accessibility-awards/): 20 credit unions and banks recognized for exhibiting exceptional automotive lending practices in the near- and non-prime category Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced the winners of their inaugural Economic Vehicle Accessibility Awards (“EVAAs”). The winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime borrowers. “Many deserving borrowers face barriers to vehicle ownership, including historically high costs to buy and own an auto, significantly higher interest rates, […] - [Cetera Welcomes Hawaii State Federal Credit Union](https://thecreditunionconnection.com/cetera-welcomes-hawaii-state-federal-credit-union/): Partnership with Hawaii\’s largest credit union brings nearly $400 million to Cetera platform Cetera Financial Group, the premier financial advisor Wealth Hub, announced today that Hawaii State Federal Credit Union is partnering with Cetera Financial Institutions in the delivery of its investment program. Cetera will provide dedicated resources and support to grow Hawaii State Federal Credit Union\’s retail investment program and enhance services and products for credit union members. Founded in 1936, Hawaii State Federal Credit Union is Hawaii\’s largest credit union with more than 126,000 members approximately $393 million in its investment services program, as of January 31, 2024. […] - [SELCO Community Credit Union Launches ‘SELCO Steps Up,’ Reimagining And Expanding Its Community Involvement Efforts](https://thecreditunionconnection.com/selco-community-credit-union-launches-selco-steps-up-reimagining-and-expanding-its-community-involvement-efforts/): With SELCO Steps Up, the Oregon-based credit union seeks to create positive, innovative, and lasting change through community giving, volunteerism, financial education, and student and educator support SELCO Community Credit Union has reimagined and expanded its approach to community involvement with the launch of SELCO Steps Up. SELCO’s new program aims to create positive, innovative, and lasting change through community giving, volunteerism, financial education, and student and educator support. SELCO Steps Up not only significantly expands support for many of the credit union’s existing philanthropic efforts, but it also includes new programs and partnerships with a wide range of community […] - [Clearwater Credit Union Partners with Cotribute to Streamline Digital Account Onboarding Experience, Automated Loan Origination Process  ](https://thecreditunionconnection.com/clearwater-credit-union-partners-with-cotribute-to-streamline-digital-account-onboarding-experience-automated-loan-origination-processnbspnbsp/): Credit union selects modular digital platform to provide frictionless account opening experience, grow deposits, expand membership, collapse lead-times and fund more loans, faster Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships, today announced it has partnered with Clearwater Credit Union (Clearwater) to enhance the credit unions’ deposit onboarding experience, accelerate growth, enhance the overall member experience, and reduce operational costs through automation. Clearwater, headquartered in Missoula, Mont., is the largest community development financial institution (CDFI) and second largest credit union in Montana, with more than $1 billion in assets with more than 60,000 members.  […] - [OMNI Community Credit Union Announces New Commercial Loan Officer](https://thecreditunionconnection.com/omni-community-credit-union-announces-new-commercial-loan-officer/): Effective February 5, 2024, OMNI Community Credit Union was pleased to welcome Kirk Schwarz as Commercial Loan Officer. In his new role as Commercial Loan Officer, Kirk is looking forward to getting to know OMNI’s business members, strengthening relationships, and helping them reach their financial goals. “I’m excited to meet with OMNI’s business members and expand our membership base in the areas and communities we serve. Being a part of the OMNI team and a community-based credit union is something that I am delighted to join as well.” Kirk said. “We are thrilled to welcome Kirk Schwarz to our team […] - [Greylock Federal Credit Union Partners with Alkami to Bolster Its Retail, Business, and Mobile Banking Experience](https://thecreditunionconnection.com/greylock-federal-credit-union-partners-with-alkami-to-bolster-its-retail-business-andnbspmobile-banking-experience/): Expansive digital transformation helps credit union enhance member features and functionality Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today a transformative collaboration with Greylock Federal Credit Union (“Greylock Federal”). Greylock Federal has embarked on a journey to optimize its digital banking landscape by implementing the Alkami Digital Banking Platform, marking a significant milestone in its commitment to delivering unparalleled banking experiences to its members.  By embracing the Alkami Digital Banking Platform, Greylock Federal aims to enhance its retail, business, and mobile banking offerings, ensuring a seamless and […] - [FORUM Named a Best Place to Work in Indiana](https://thecreditunionconnection.com/forum-named-a-best-place-to-work-in-indiana/): FORUM Credit Union was recently named one of the Best Places to Work in Indiana among large companies. Nearly 200 Hoosier businesses made the list this year, and this marks the thirteenth consecutive year FORUM has received recognition on this list. Best Places to Work honorees are compiled by the Workforce Research Group and are determined through employer reports and comprehensive employee surveys. Winners are selected from four categories: small companies of 15 to 74 U.S. employees; medium companies of 75 to 249 employees; large companies of 250 to 999 employees; and major companies with 1,000 or more employees. Rankings […] - [CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8](https://thecreditunionconnection.com/cfpb-bans-excessive-credit-card-late-fees-lowers-typical-fee-from-32-to-8/): Final rule closes 2010 loophole exploited by credit card giants The Consumer Financial Protection Bureau (CFPB) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers. The rule will curb fees that cost American families more than $14 billion a year. The CFPB estimates that American families will save more than $10 billion in late fees annually once the final rule goes into effect by reducing the typical fee from $32 to $8. This will be an average savings of $220 per year for the more than 45 million people […] - [Statement of CFPB Director Rohit Chopra on the Final Rule to Close the Credit Card Late Fee Loophole](https://thecreditunionconnection.com/statement-of-cfpb-director-rohit-chopra-on-the-final-rule-to-close-the-credit-card-late-fee-loophole/): The Consumer Financial Protection Bureau is taking action to rein in junk fees on credit cards, increase competition, and put billions of dollars back in the pockets of American families. We are finalizing a rule that will lower the typical late fees charged by big credit card issuers from an average of $32 down to $8 in most cases. We estimate this change will save families $10 billion every year, an average savings of $220 per year for the more than 45 million people who are charged late fees.  The announcement of this rule comes after an extensive process, consideration […] - [Origence Lending Services Funds $6.38 Billion In Credit Union Loans For 400,000 Members In 2023  ](https://thecreditunionconnection.com/origence-lending-services-funds-638-billionnbspin-credit-union-loans-for-400000-members-in-2023nbspnbsp/): The Origence division expands lending services and launches 24/7 underwriting.  Origence Lending Services (OLS), a division of Origence, funded $6.38 billion in loans with 160 credit unions, benefitting more than 413,000 members in 2023. In addition, the division added 40 new credit union enrollments, broadening its services to encompass underwriting across multiple systems, direct lending, and retail financing support. Services beyond the division\’s traditional indirect loan processing now constitute nearly 30% of its overall business.  Origence Lending Services provides credit unions with scalable outsourced solutions to streamline their lending operations. Core services include full-service indirect lending, after-hours staffing and overflow […] - [Addition Financial Credit Union Launches Co-Branded Debit Card to Support Volusia County Schools](https://thecreditunionconnection.com/addition-financial-credit-union-launches-co-branded-debit-card-to-support-volusia-county-schools/): Addition Financial Credit Union is welcoming Volusia County Schools to its popular School District Debit Card Program, with the launch of a co-branded Volusia County card that will support schools in the district. With the partnership, students, faculty, staff, and residents across Volusia County will have the opportunity to actively contribute to their local school district with every transaction they make. Under the School District Debit Card Program, Addition Financial pledges to donate 3 cents back to Volusia County Schools for every transaction made. Volusia County Schools becomes the fourth Central Florida school district to participate in the program since […] - [PenAir Credit Union Names 2024 Jeans for Communerosity®Charities ](https://thecreditunionconnection.com/penair-credit-union-names-2024-jeans-for-communerositycharitiesnbsp/): PenAir Credit Union (PenAir) proudly announces the selection of its 2024 Jeans For Communerosity® charities. Jeans for Communerosity® (J4C) is an inspiring, employee-led initiative, dedicated to supporting those in need within the communities served by PenAir. Since its inception in 2013, J4C has been a beacon of generosity, with PenAir employees contributing more than $450,000 in support of local nonprofits. \”Communerosity® is not just a word, but a deeply ingrained value at PenAir that our employees exemplify each day,\” remarked PenAir President and CEO, Lee Morgan. \”We take great pride in our collective efforts to make a meaningful difference in […] - [Angela Melville’s Trail: Pioneering Credit Unions Then and Now](https://thecreditunionconnection.com/angela-melvilles-trail-pioneering-credit-unions-then-and-now/): Born in 1886 in Jamaica, Angela Melville embarked on a remarkable career in the 1920s, dedicating herself to the transformative potential of credit unions. As a field representative for the Credit Union National Extension Bureau (CUNEB, later CUNA, and now America\’s Credit Unions), she traversed the South, particularly Kentucky and Tennessee, often on horseback, advocating for the establishment of credit unions among various communities. Angela\’s commitment extended to assisting women\’s groups, miners, postal workers, railroad workers, and other laborers in organizing credit unions. Her impact resonates through time, as she authored the pioneering guide to credit union procedures, \”Some Hints […] - [BankSocial® announces \"Web3-powered\" RTP Open Banking Payments Features for Credit Unions at America’s Credit Unions Governmental Affairs Conference](https://thecreditunionconnection.com/banksocial-announces-web3-powered-rtp-open-banking-payments-features-for-credit-unions-at-cuna-governmental-affairs-conference/): BankSocial®, the nation\’s leading open banking platform for credit unions, today announced active implementation of payments capabilities designed with Web3 compatibility in mind. BankSocial future-proofs Credit Union payment platforms to support their members in the exploding world of open banking and digital assets. The BankSocial platform payment features were designed from the ground up for integration with any industry Core and Digital Banking Solution, and built to leverage the efficiencies of Hedera. BankSocial CEO John Wingate and COO Becky Reed will join a Digital Assets Group roundtable at the Governmental Affairs Conference on March 5th with NCUA Vice Chair Kyle […] - [SRM Announces Former NCUA Chairman Rodney Hood to Join International Advisory Board](https://thecreditunionconnection.com/srm-announces-former-ncua-chairman-rodney-hood-to-join-international-advisory-board/): SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions globally, announced that former National Credit Union Administration (NCUA) Chairman Rodney E. Hood is joining the company\’s diverse and growing international advisory board. Hood, a well-known regulatory leader and a staunch advocate for economic empowerment and financial inclusion, brings over three decades of financial services expertise to his SRM board role. Additionally, Hood has represented the U.S. credit union industry at conferences and summits across the globe, was named a Young Global Leader at the World Economic Forum in Davos, and has cultivated lasting relationships with regulators in South […] - [American Eagle Financial Credit Union Donates to Two Local Organizationsin Honor of Women\'s History Month](https://thecreditunionconnection.com/american-eagle-financial-credit-union-donates-to-two-local-organizationsin-honor-of-womens-history-month/): Interval House and Dress for Success receive much-needed donations to support life-changing efforts in the community American Eagle Financial Credit Union announced today that in honor of Women\’s History Month, they have donated a total of $2,000 to two local organizations that go above and beyond to support women in Connecticut. The first donation of $1,000 was given to Interval House. Interval House is the largest agency in the state of Connecticut dedicated to ending domestic violence. Supporting over 6,500 victims per year through a dedicated hotline and a 24-bed emergency safe house, legal and financial guidance and other services […] - [Bellco Supports Financial Education for Youth Through EVERFI Financial Literacy Bee](https://thecreditunionconnection.com/bellco-supports-financial-education-for-youth-through-everfi-financial-literacy-bee/): National Financial Capability Month student challenge equips youth with money management skills Bellco announced that it is a sponsor of the EVERFI Financial Literacy Bee, taking place April 5–19, 2024. The EVERFI Financial Literacy Bee is a nationwide financial capability challenge for eligible students in grades 8–12. The virtual challenge, created by education innovator EVERFI and supported by leading financial institutions nationwide, features four short, digital lessons followed by a capstone essay contest in which students share a short- or long-term savings goal and outline their plan to achieve that goal. One entrant in the Bellco-sponsored site of the EVERFI […] - [SunWest Credit Union Launches BNPL, First in Colorado](https://thecreditunionconnection.com/sunwest-credit-union-launches-bnpl-first-in-colorado/): SunWest Credit Union (SunWest), a $206 million asset credit union headquartered in Pueblo, Colorado, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products.  SunWest has selected equipifi to power its BNPL solution, and is the first credit union to make BNPL available to members in Colorado. With this launch, SunWest will extend personalized offers to members to split payments on eligible debit card transactions. Members will be able to view and accept pre-qualified BNPL offers in SunWest\’s digital banking experience. \”Our members deserve their preferred payment option in the safest, most affordable, […] - [Alkami and SWIVEL Partner to Provide Financial Institutions with Improved Payments Functionality](https://thecreditunionconnection.com/alkami-and-swivel-partner-to-provide-financial-institutions-with-improved-payments-functionality/): SWIVEL’s Transaction Enablement Platform™ enables Alkami’s clients to provide a seamless, self-serve loan payment experience to their account holders Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that it has formed a partnership with SWIVEL. Through Alkami’s single sign on integration with SWIVEL’s Transaction Enablement™ Platform, Alkami’s bank and credit union clients can now easily take advantage of SWIVEL’s loan payments capabilities, offering their account holders the benefits of greater choice, speed, and flexibility when it comes to their loan payment options. “Today, many financial institutions suffer […] - [Royal Credit Union Celebrates Credit Union Youth Month](https://thecreditunionconnection.com/royal-credit-union-celebrates-credit-union-youth-month/): Royal Credit Union (Royal) is celebrating Credit Union Youth Month this April. Getting a head start on financial literacy is essential for young Members so they can grow into adults who are confident in their finances. Royal serves as a resource for families as they begin to teach their kids financial responsibility and the importance of financial literacy. If you have been wondering how to empower your kids to save for their future, this is a great opportunity to start! Here are the ways Royal is celebrating in April: Kid’s Club All Royal Members 12 years old and under are […] - [PSCU/Co-op Solutions Launches Fintech Engagement Program](https://thecreditunionconnection.com/pscuco-op-solutions-launches-fintech-engagement-program/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has announced the launch of its Fintech Engagement Program, which is designed to drive collaboration between financial solutions providers and fintech companies. According to Cornerstone Advisors, 70% of financial institutions report fintech partnerships are important to their business strategies. However, many fintech and financial institution partnerships are falling short of anticipated results. Three-quarters (75%) of venture capital-backed fintech startups fail, and fintech funding experienced a 46% decline from Q3 2022 to Q3 2023. Through this newly launched program, PSCU/Co-op Solutions aims to […] - [Navy Federal Credit Union Now Operates Department of Defense Overseas Military Banking Facilities](https://thecreditunionconnection.com/navy-federal-credit-union-now-operates-department-of-defense-overseas-military-banking-facilities/): Navy Federal Credit Union has officially started operating the Military Banking Facilities (MBF) overseas, known as \”Community Bank.\” These MBFs are part of the Department of Defense (DoD) Overseas Military Banking Program. MBFs overseas will now be co-branded as \”Community Bank, Operated by Navy Federal Credit Union.” “The Overseas Military Banking Program fits our core values at Navy Federal and is consistent with our primary mission of supporting Active Duty military members and their families,” said Kara Cardona, COO of Navy Federal. “Serving these families through this important DoD program is directly aligned with our mission.” Navy Federal Credit Union […] - [Gerber FCU and THE LOCAL CU Improve Members’ Digital Experience with Mahalo Banking](https://thecreditunionconnection.com/gerber-fcu-and-the-local-cu-improve-members-digital-experience-with-mahalo-banking/): Two credit unions implement digital platform to modernize banking services, adopt member-centric features Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced that Fremont, Mich.-based Gerber Federal Credit Union (‘Gerber FCU’ – $225M in assets) and Sterling Heights, Mich.-based THE LOCAL Credit Union (‘THE LOCAL’ – $100M in assets) are now live on its enhanced Thoughtful Banking™platform. Implementing the Mahalo platform enables both credit unions to offer members new digital features while streamlining the banking experience. Mahalo\’s core-centric solution revolutionizes the digital banking experience for members of both credit unions. With a focus […] - [Clearview Federal Credit Union Receives Top Workplace USA Recognition](https://thecreditunionconnection.com/clearview-federal-credit-union-receives-top-workplace-usa-recognition/): Southwestern Pennsylvania’s largest credit union receives a national award honoring workplace culture. 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. \”We are deeply honored to be recognized as one of the Top Workplaces USA,\” said Lisa Florian, President & CEO of Clearview. \”This award speaks volumes about our dedication to cultivating a setting where our team members are engaged and empowered to thrive. I take pride in the […] - [Rindone Takes the Driver’s Seat as CU LIFT Fund President](https://thecreditunionconnection.com/rindone-takes-the-drivers-seat-as-cu-lift-fund-president/): CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan… - [Armed Services YMCA of Alaska Honors Local Businessman](https://thecreditunionconnection.com/armed-services-ymca-of-alaska-honors-local-businessman/): The Armed Services YMCA of Alaska (ASYMCA) presented the 2024 Bobby Alexander Civic Leader of the… - [Robins Financial Credit Union Marks First Anniversary in Rockdale County](https://thecreditunionconnection.com/robins-financial-credit-union-marks-first-anniversary-in-rockdale-county/): Robins Financial Credit Union announces the one-year anniversary of its Conyers branch in Rockdale County. In spring of 2023, Robins Financial Credit Union expanded into the Rockdale County area and opened their 23rd branch location in Conyers. Since then, the credit union has been able to deliver a wide range of financial products and services to meet the needs of members in that area – just one of the many ways they live out their mission to be Member Focused, Financial Partners, Community Proud. This celebration not only marks a successful year of service but also symbolizes Robins Financial’s continued […] - [PSECU Elevates Leadership Team with Key Internal Promotions ](https://thecreditunionconnection.com/psecu-elevates-leadership-team-with-key-internal-promotionsnbsp/): PSECU, Pennsylvania\’s largest credit union, proudly announces the well-deserved promotions of two of its longstanding employees, Isaac Losch and Kristie Lowe, as part of its ongoing commitment to leadership excellence and organizational growth.   Losch, previously Senior Director of Credit Risk Management, will now oversee the Credit Risk Management, Collections, and Financial Crimes units as Assistant Vice President, Head of Credit Risk Management. With over 23 years of dedicated service to PSECU, Losch’s expanded role reflects his profound impact on the credit union\’s strategic direction and commitment to mitigating risks and enhancing member security.  Losch graduated from Central Penn College […] - [John Sackett Inducted Into Credit Union House Hall Of Leaders](https://thecreditunionconnection.com/john-sackett-inducted-into-credit-union-house-hall-of-leaders/): Royal Credit Union (Royal) Board Member, John Sackett, was inducted into the Credit Union House Hall of Leaders in honor of his significant contributions to the credit union industry. The ceremony took place during the America’s Credit Unions’ Governmental Affairs Conference (GAC) on Sunday, March 3, and a total of sixteen credit union champions were inducted. Members of the Hall of Leaders are exceptional individuals that have dedicated their lives to perpetuating the credit union mission and philosophy.  “The Credit Union House Hall of Leaders is a unique opportunity to recognize individuals who have made incredible contributions and have had […] - [Navigating Cybersecurity: Integrating NCUA Supervisory Insights with Third-Party and CUSO Risks](https://thecreditunionconnection.com/navigating-cybersecurity-integrating-ncua-supervisory-insights-with-third-party-and-cuso-risks/): By Zach Duke, CEO and Founder, Finosec In the evolving landscape of financial services, the National Credit Union Administration (NCUA) has spotlighted critical supervisory priorities for 2024. These insights, combined with challenges observed from recent cybersecurity incidents and focus areas from examinations, underline the pressing need for credit unions to bolster their cybersecurity governance and processes. This article aims to synthesize these perspectives, offering a comprehensive overview of areas requiring focused attention. Supervisory Focus Areas: •    Asset Inventory Management: Emphasized by regulatory expectations, creating an asset inventory has been a common issue. In today’s world of cloud computing and fintech […] - [Are you using the right ATM strategy? Here\'s how to expand your network](https://thecreditunionconnection.com/are-you-using-the-right-atm-strategy-heres-how-to-expand-your-network/): Your customers want easy, convenient access to their cash without paying fees to get it. But to offer ATM… - [Foundation Announces Executive Director Retirement](https://thecreditunionconnection.com/foundation-announces-executive-director-retirement/): The National Credit Union Foundation (the Foundation) the national charitable arm of the… - [Numerica wins Business Innovation Award](https://thecreditunionconnection.com/numerica-wins-business-innovation-award/): Outside-the-box solutions for connecting people with affordable housing earned Numerica Credit… - [Robins Financial Credit Union Announces New Director of Compliance and Corporate Counsel](https://thecreditunionconnection.com/robins-financial-credit-union-announces-new-director-of-compliance-and-corporate-counsel/): Robins Financial Credit Union is proud to announce the appointment of Tersugh Tivzenda as the new Director of Compliance and Corporate Counsel. Tersugh brings a wealth of experience and expertise to his new role, having previously served as the credit union’s Staff Attorney for the past two years. In his new capacity, Tersugh will assume key responsibilities, including providing comprehensive legal counsel, overseeing compliance initiatives, and offering support to both the credit union’s Legal and Compliance teams. “Throughout his tenure with us, Tersugh has consistently demonstrated a profound commitment to excellence and a keen understanding of the intricacies of our […] - [Vizo Financial Receives Second Gallup Exceptional Workplace Award in Two Years](https://thecreditunionconnection.com/vizo-financial-receives-second-gallup-exceptional-workplace-award-in-two-years/): Vizo Financial Corporate Credit Union, a state-chartered corporate credit union that serves over 1,000 credit unions throughout the U.S. and Canada, received the 2024 Gallup Exceptional Workplace Award (GEWA) on March 27, 2024. This award recognizes the most engaged workplace cultures in the world, and this is the second consecutive year that Vizo Financial has been named a GEWA winner. The Corporate Credit Union is one of only a handful of companies in the country to receive the honor. After another year of disruption in the workplace, Gallup found that Vizo Financial continued to engage and develop its people in […] - [Nook Announces Living50+, a Niche Experience for Credit Union Members](https://thecreditunionconnection.com/nook-announces-living50-a-niche-experience-for-credit-union-members/): Nook (www.nook-inc.com), a pioneer of niche experiences, is excited to announce Living50+, a member engagement platform for the 50+ demographic. As a result of growth and the shift to digital, credit unions’ core differentiator as relationship-based financial institutions is quickly fading away. With Living50+ and Nook’s Niche Experience Platform, credit unions can re- establish their roots as relationship-driven partners in their members’ lives. Nook’s end-to-end platform allows credit unions to build trusted relationships with their members by providing valuable resources that help guide members through their current stage of life. content, including topics related to money, housing, travel, health, and […] - [Regulatory Compliance Accounts for One-Third of Ukrainian Credit Unions’ Operating Expenses](https://thecreditunionconnection.com/regulatory-compliance-accounts-for-one-third-of-ukrainian-credit-unions-operating-expenses/): The USAID/World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) Project in February presented the findings of its survey that asked Ukrainian credit unions to estimate their costs associated with regulatory compliance and prudential requirements.  The CAP Project initiated the study in light of the new Laws of Ukraine “On Credit Unions” and “On Financial Services and Financial Companies” that went into effect on January 1, 2024. According to the provisions of these laws, the National Bank of Ukraine (NBU), the country’s credit union regulator, shall supervise the operations of credit unions by applying a risk-based approach and the principle of […] - [NCUA Releases Fiscal Year 2023 OMWI Annual Report to Congress](https://thecreditunionconnection.com/ncua-releases-fiscal-year-2023-omwi-annual-report-to-congress/): The National Credit Union Administration released its Office of Minority and Women Inclusion (OMWI) Annual Report to Congress on the agency’s diversity, equity, inclusion, and accessibility (DEIA) programs and initiatives for fiscal year 2023. The report also outlines the agency’s efforts in ensuring fair and inclusive business practices and assessing its regulated entities’ diversity policies and practices. “The NCUA has a deep commitment to diversity, equity, inclusion, and accessibility,” NCUA Chairman Todd M. Harper said. “That commitment stems, in part, from the historic development of credit unions, many of which were created to serve marginalized communities unable to obtain safe, […] - [ValleyStar Credit Union Promotes Misty Reed to Chief Credit Officer](https://thecreditunionconnection.com/valleystar-credit-union-promotes-misty-reed-to-chief-credit-officer/): ValleyStar Credit Union proudly announces the promotion of Misty Reed to the position of Chief Credit Officer. Misty\’s extensive career, spanning over 22 years across banks and credit unions, reflects her remarkable dedication and expertise in the financial sector. Having previously served as Senior Vice President of Credit Administration at ValleyStar, Misty brings a wealth of experience in Commercial Lending, Underwriting, Operations, and Credit Administration to her new role. Her professional journey has seen her excel in various capacities, including as Chief Commercial Credit Officer, at a previous employer. Misty\’s commitment to excellence, coupled with her extensive experience, has garnered […] - [Westerra’s “Swim or Swim” Video Receives Prestigious “Diamond Award” In Recognition of its Creative Excellence](https://thecreditunionconnection.com/westerras-swim-or-swim-video-receives-prestigious-diamond-award-in-recognition-of-its-creative-excellence/): Westerra Credit Union’s “Swim or Swim” video has received the “Diamond Award” in the America’s Credit Unions’ prestigious credit union marketing competition. It also earned the Category’s Best award in the “Video Non-Commercial – Single” category. Signified by a diamond next to the entry’s name, this means the video achieved the highest score within the credit union’s asset level grouping. “Swim or Swim” features the story of Cynnomon Gordon, Westerra’s Director of Fraud & Card Dispute Operations, as she discusses how hard work and perseverance combine to produce her unflappable and positive attitude. This serves her well as she helps […] - [PenFed Credit Union Joins Porsche Carrera Cup North America as Presenting Partner](https://thecreditunionconnection.com/penfed-credit-union-joins-porsche-carrera-cup-north-america-as-presenting-partner/): PenFed Credit Union, America\’s second-largest federal credit union, today announced it joined with the Porsche Carrera Cup North America to become the presenting partner of the final two races in the 2024 championship. PenFed will join the championship for the penultimate round at Road Atlanta for the Petit Le Mans weekend and the season finale at the Circuit of the Americas for the US Grand Prix. \”PenFed is proud to partner with a brand that shares our winning mindset and values excellence and teamwork. There is no better racing experience in the world than Porsche Carrera Cup North America,\” said […] - [GTE Financial Introduces New Community Empowerment Mortgage Program For Under-Resourced Communities In Tampa Bay](https://thecreditunionconnection.com/gte-financial-introduces-new-community-empowerment-mortgage-program-for-under-resourced-communities-in-tampa-bay/): GTE Financial is proud to introduce the Community Empowerment Mortgage, a new dedicated Special Purpose Credit Program (SPCP) designed to extend mortgage financing opportunities in under-resourced communities looking to purchase a home. This initiative, focusing on the Tampa Bay, Orlando, and Lakeland metropolitan areas, represents the credit union’s commitment to promoting equitable homeownership. “We understand how challenging it can be to access credit, especially for those who are under-resourced or have unmet credit needs. That\’s why we are delighted to announce the launch of the Community Empowerment Mortgage, our way of extending support to those who need it the most,\” […] - [Service Credit Union’s Jaime Yates Wins NHBR Outstanding Women in Business Award](https://thecreditunionconnection.com/service-credit-unions-jaime-yates-wins-nhbr-outstanding-women-in-business-award/): Service Credit Union is excited to announce that Jaime Yates, Assistant Vice President of Community Development, has been named as one of the 2024 recipients of New Hampshire Business Review (NHBR)’s Outstanding Women in Business Awards. The Outstanding Women in Business Awards celebrate the women who have demonstrated excellence in their professional lives and as leaders and role models in their communities. These women come from various industries and backgrounds, but are all true leaders in their respective fields. Jaime was recognized for her role in growing Service Credit Union’s vast community giving footprint, as well as its commitment to […] - [Cetera Financial Institutions Launches Credit Union Council](https://thecreditunionconnection.com/cetera-financial-institutions-launches-credit-union-council/): Seven credit union members meet to collaborate on the betterment of their wealth management programs Cetera Financial Group, the premier financial advisor Wealth Hub, announced that Cetera Financial Institutions has launched a groundbreaking new Credit Union Council, aimed at providing Cetera\’s participating credit union partners with a forum to share ideas, best practices and other thought leadership for the betterment of their wealth management programs. The inaugural council is comprised of seven members, who held a successful meeting in early March 2024. Members include representatives from: Numerica Credit Union, Meriwest Credit Union, A+ Federal Credit Union, Rogue Credit Union, Langley […] - [Kinecta Federal Credit Union Voted South Bay\'s Best Credit Union According to Easy Reader\'s \"Best of the Beach\" Poll](https://thecreditunionconnection.com/kinecta-federal-credit-union-voted-south-bays-best-credit-union-according-to-easy-readers-best-of-the-beach-poll/): Easy Reader readers vote Kinecta as the South Bay\’s Best Credit Union for the fourth year in a row For the fourth year in a row, Kinecta Federal Credit Union was voted Best Credit Union in the South Bay in Easy Reader\’s 2024 \”Best of the Beach\” poll. The Easy Reader\’s annual online poll asks the community to vote for their favorite places to do business, shop and dine in the South Bay and surrounding areas. The \”Best of the Beach\” designation recognizes Kinecta\’s commitment to serving the South Bay community. \”Being a part of the South Bay community for over 80 […] - [Corporate Central Promotes Stephanie Schmidt to Vice President Member Services](https://thecreditunionconnection.com/corporate-central-promotes-stephanie-schmidt-to-vice-president-member-services/): Corporate Central is proud to announce that Stephanie Schmidt, AAP, CCUE, CUDE, CWCUL, CCCM, CCUFC, has been promoted to Vice President Member Services. In her new capacity, Schmidt will be responsible for orchestrating strategies to optimize member satisfaction, overseeing the implementation of personalized services, and fostering innovative solutions to meet evolving member needs and preferences. Schmidt started her career in the credit union industry as a Teller, worked her way up to a Loan Officer, and then to a Lead Member Service Representative. She started her career at Corporate Central in February 2015 as a Member Services Representative. In September […] - [The Minnesota Credit Union Foundation Scholarship Council Awarded Topline Financial Credit Union Members with Scholarships](https://thecreditunionconnection.com/the-minnesota-credit-union-foundation-scholarship-council-awarded-topline-financial-credit-union-members-with-scholarships/): Three TopLine members are scholarship recipients TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, is proud to announce three members have received a $1,000 scholarship from the Minnesota Credit Union Foundation Scholarship Council (FSC). A total of $18,000 has been awarded to 18 credit union members in Minnesota for the 2024-2025 school year. Nearly 650 students from credit unions throughout the state of Minnesota applied for scholarships from Minnesota Credit Union Foundation Scholarship Council (FSC). Any TopLine member pursuing post-secondary education by attending a college or university, graduate school, or a 2-to-4-year community, vocational or technical college […] - [Georgia United Credit Union Foundation Announces Six 2024 School Crashers Recipients](https://thecreditunionconnection.com/georgia-united-credit-union-foundation-announces-six-2024-school-crashers-recipients/): Six schools will receive facility improvement makeovers this summer. Georgia United Credit Union Foundation in partnership with Georgia United Credit Union announces six recipients of the 2024 Georgia United Foundation School Crashers® program. School Crashers is one of the Foundation’s largest community service programs that offers schools across the state an opportunity to apply for a school facility makeover. The program strengthens communities by supporting local school systems with the end goal of improving the learning environment for the students, faculty, and staff. The School Crashers nomination period opened in mid-December to all accredited K-12 schools in Georgia. Interested schools […] - [PSCU’s Lynn Heckler Discusses the Future of Finding Talent](https://thecreditunionconnection.com/bgvi61zgkr3n90p3chbjyp77pr9tdz/): Talent is increasingly becoming hard to find in the credit union landscape. There is especially a need to find talent in technology-related departments as many financial institutions continue to embrace AI and digital banking to bring in younger consumers. Sarah Cooke got the chance to talk with PSCU Chief Talent Officer Lynn Hecker to discuss the ongoing war for talent and how credit unions can look for the people they need. They also discuss DEI and its continued role in credit unions. Read the full transcript here: Disclosure: Transcript is automatically generated: Sarah Cooke  00:12 Welcome, everybody to this edition […] - [How Can Credit Unions Maintain Member Experience Through Digital Banking? CEO of Pulsate Sarah Martin Provides Insight at GAC](https://thecreditunionconnection.com/credit-unions-maintain-member-experience-through-digital-banking-ceo-of-pulsate-sarah-martin-provides-insight-at-gac/):   Banking was evolving toward digital until the pandemic pushed it full force into a frictionless essential. People of all generations shifted from banking at a branch in person to digital banking to conduct their financial business. But, a screen on its own can’t provide the same experience as one would get from sitting down and talking to a real person. At GAC 2024, our Co-founder/Publisher/Editor Sarah Snell Cooke spoke with Pulsate CEO Sarah Martin to discuss the growth of digital banking and what that means for keeping that personal connection throughout the member experience, regardless of the platform Watch […] - [How Credit Unions Can Attract New Members, Deepen Existing Member Relationships and Create “Stickier” Deposits Through SMB Lending](https://thecreditunionconnection.com/how-credit-unions-can-attract-new-members-deepen-existing-member-relationships-and-create-stickier-deposits-through-smb-lending/): By Will Tumulty, CEO, Rapid Finance Sarah took the opportunity to sit down with Will during GAC and talk about getting more capital into the hands of small businesses through credit unions. Watch the video above, or read the transcript below Will’s article! In today\’s competitive banking landscape, credit unions are constantly seeking strategies to attract new members and expand their deposit base with stable funding. One area of opportunity lies within small business lending. There are currently more than 33 million small businesses in the United States and of these, more than 85 percent are owned by Boomers and […] - [SchoolsFirst Federal Credit Union Receives Two Awards from America’s Credit Union’s Marketing & Business Development Council](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-receives-two-awards-from-americas-credit-unions-marketing-amp-business-development-council/): SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school… - [Tower Federal Credit Union Receives Two CUNA Diamond Awards for Creative Excellence in Marketing](https://thecreditunionconnection.com/tower-federal-credit-union-receives-two-cuna-diamond-awards-for-creative-excellence-in-marketing/): Tower Federal Credit Union today announced it was honored with two Diamond Awards from the CUNA… - [TDECU Named 2024 Gallup Exceptional Workplace Award Winner](https://thecreditunionconnection.com/tdecu-named-2024-gallup-exceptional-workplace-award-winner/): TDECU, Houston’s largest credit union, has received the 2024 Gallup Exceptional Workplace Award… - [The End of an Era: Karen Christie Set to Retire from Corporate Central](https://thecreditunionconnection.com/the-end-of-an-era-karen-christie-set-to-retire-from-corporate-central/): Corporate Central bids a fond farewell to Karen Christie, Vice President Member Services, who is retiring after… - [CityBusiness Honors Firemen’s Federal Staff as Money Makers](https://thecreditunionconnection.com/citybusiness-honors-firemens-federal-staff-as-money-makers/): New Orleans Firemen’s Federal Credit Union proudly announces the recognition of Lisa Hudson, James… - [Sandbox Banking Partners with Plaid to Strengthen Identity Verification and Elevate Banking Solutions](https://thecreditunionconnection.com/sandbox-banking-partners-with-plaid-to-strengthen-identity-verification-and-elevate-banking-solutions/): Sandbox Banking, a provider of banking automation solutions that accelerate digital transformation… - [CFPB Takes Action to Halt False Claims of \'Free\' International Money Transfers](https://thecreditunionconnection.com/cfpb-takes-action-to-halt-false-claims-of-free-international-money-transfers/): Today, the Consumer Financial Protection Bureau (CFPB) issued a new circular warning remittance… - [VyStar Credit Union Opens Innovative Branch in Marietta Continuing Growth and Economic Impact in Georgia](https://thecreditunionconnection.com/vystar-credit-union-opens-innovative-branch-in-mariettacontinuing-growth-and-economic-impact-in-georgia/): VyStar Credit Union is proud to announce its Marietta location is now open at 155 N. Marietta Parkway in… - [Economic Inclusion Project Brings 25 Institutions Together to Promote Savings, Financial Inclusion](https://thecreditunionconnection.com/economic-inclusion-project-brings-25-institutions-together-to-promote-savings-financial-inclusion/): The USAID/WOCCU Economic Inclusion Project (EIP) joined local partners to host a March 21 Global… - [Credit Union Tax Exemption Kerfuffle Returns](https://thecreditunionconnection.com/credit-union-tax-exemption-kerfuffle-returns/): By David Baumann, Editor, Washington Credit Union Daily Here we go again. Conservative anti-tax groups say that credit unions don’t deserve their tax exemption. You’ve heard this before, right? This time, they say they’ve got new evidence—that credit unions are leveraging their tax exemption to be able to pay outrageous sums of money to purchase community banks. They contend that community banks can’t afford to pay that much for another community bank. And, of course, once a credit union purchases a community bank, it takes that financial institution off the income tax rolls. Banking trade groups are making the same […] - [Kitsap Credit Union Welcomes Two New Board Members](https://thecreditunionconnection.com/kitsap-credit-union-welcomes-two-new-board-members/): Kitsap Credit Union recently welcomed Vasuma Sargent, CPA, and Matthew Ellsworth as new Board of… - [Royal Credit Union Wins Wisconsin Governor’s Financial Literacy Award for Life-Sized Board Game](https://thecreditunionconnection.com/royal-credit-union-wins-wisconsin-governors-financial-literacy-award-for-life-sized-board-game/): Royal Credit Union (Royal) is a recipient of a Wisconsin Governor’s Financial Literacy Award presented by… - [Library of Congress Federal Credit Union Proudly Sponsors 2024 Library of Congress Alumni Network Spring Reunion](https://thecreditunionconnection.com/library-of-congress-federal-credit-union-proudly-sponsors-2024-library-of-congress-alumni-network-spring-reunion/): The Library of Congress Federal Credit Union is a proud exclusive sponsor of the 2024 Library of Congress Alumni Network Spring Reunion. The 2024 Spring Reunion, being held on April 4, 2024, at the Library of Congress in Capitol Hill, Washington D.C., brings together well over 1,000 alumni to celebrate collective accomplishments and foster a vibrant library community. \”Library of Congress Federal Credit Union is honored to be part of this year’s alumni event,\” said Jennifer Hurst, President/CEO of Library of Congress FCU. \”As the exclusive sponsor, we are proud to help recognize alumni contributions and their ongoing impact in […] - [2023 HMDA Data on Mortgage Lending Now Available](https://thecreditunionconnection.com/2023-hmda-data-on-mortgage-lending-now-available/): The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2023 are… - [CFPB Joins Federal and State Agencies in Coordinated Statements on Tech & Enforcement](https://thecreditunionconnection.com/cfpb-joins-federal-and-state-agencies-in-coordinated-statements-on-tech-amp-enforcement/): Today, federal and state agencies, including the Consumer Financial Protection Bureau (CFPB), released… - [CU LIFT Fund Receives Strategic Investment from Reseda Group](https://thecreditunionconnection.com/cu-lift-fund-receives-strategic-investment-from-reseda-group/): CU LIFT Fund, the “funding as a service” CUSO committed to helping credit unions grow their aut… - [Delta Community Announces 500,000th Member](https://thecreditunionconnection.com/delta-community-announces-500000th-member/): Delta Community Credit Union has surpassed half a million members. The Credit Union has grown from… - [First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program](https://thecreditunionconnection.com/first-tech-federal-credit-union-helps-nearly-200-leaders-in-tech-manage-employee-relocation-to-us-with-groundbreaking-banking-program/): Today, First Tech Federal Credit Union, the financial partner for tech innovators, is unveiling details of… - [Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process](https://thecreditunionconnection.com/epic-river-integrates-with-finastra-laserpro-to-accelerate-loan-closing-process/): Epic River, a lending-as-a-service platform provider that aims to provide a premium customer… - [Introducing IVY: Maple FCU Elevates Member Experience with MiniBranch’s Cutting-Edge AI Assistant](https://thecreditunionconnection.com/introducing-ivy-maple-fcu-elevates-member-experience-with-minibranchs-cutting-edge-ai-assistant/): MiniBranch, a provider of digital engagement solutions tailored specifically for credit unions and Maple… - [Technology and Member Experience Are Coming Together! Glia EVP Paul Sheets Discusses How at GAC](https://thecreditunionconnection.com/1wt0lrc3tp3eek42nlzc5xlnyx7uax/): Technology and member experience are very quickly coming together in the world of credit unions. As more people from different generations go online to handle their banking needs instead of going to a branch, smaller to mid-size credit unions are in need of help ensuring that their digital offerings are meeting their standards when it comes to delivering a solid member experience. Sarah Snell Cooke got to sit down with Glia’s Paul Sheets, EVP of success and services, to discuss the growth of AI in digital member service. He also talked about how Glia is helping small- to mid-size credit […] - [Monroe Community Credit Union Earns 2024 Great Place To Work Certification™](https://thecreditunionconnection.com/monroe-community-credit-union-earns-2024-great-place-to-work-certification/): Monroe Community Credit Union (MCCU) is proud to be Certified™ by Great Place To Work®. The… - [NCR Voyix’s Doug Brown Talks About Evolving Member Experience at GAC](https://thecreditunionconnection.com/ncr-voyix-president-doug-brown-credit-unions-artificial-intelligence/): Credit unions\’ member experience has rapidly changed over the last several years. The COVID-19 pandemic forced credit unions to jump head-first into creating excellent digital banking and experiences for their respective memberships, and these trends have continued long after lockdowns were lifted. Sarah Snell Cooke, cofounder/publisher/editor of The Credit Union Connection, sat down with NCR Voyix President Doug Brown at GAC 2024 to talk about the continuing evolution of member experiences and how technology and AI can be used to help credit union staff better help and serve members. Watch the video! Or read the full transcript below: Disclosure: Transcript […] - [Maine State Credit Union Supports Local Communities Through Drive for Good and Ending Hunger Campaign](https://thecreditunionconnection.com/maine-state-credit-union-supports-local-communities-through-drive-for-good-and-ending-hunger-campaign/): During this difficult time when community support has become crucial due to ongoing economic… - [PSECU Named to America\'s Best Regional Banks and Credit Unions for 2024 by Newsweek](https://thecreditunionconnection.com/psecu-named-to-americas-best-regional-banks-and-credit-unions-for-2024-by-newsweek/): PSECU proudly announces its recognition by Newsweek as one of America\’s Best Regional Banks and Credit Unions for 2024. This acknowledgment marks the second time PSECU has received national recognition from Newsweek, highlighting the credit union\’s significant growth and its steadfast commitment to its members. \”Being named among America\’s Best Regional Banks and Credit Unions for 2024 is a testament to the hard work and dedication of our entire team at PSECU. This award reflects our forward-thinking approach and pursuit of providing unparalleled financial services and support to our members, reinforcing our position as a leader in the financial sector,\” […] - [Affinity Plus Named One of the Nation’s Top Workplaces](https://thecreditunionconnection.com/affinity-plus-named-one-of-the-nations-top-workplaces/): Affinity Plus Federal Credit Union (Affinity Plus) has been named one of the TopWorkplaces in the… - [Service Credit Union Partners With NH Housing to Make Homeownership More Accessible](https://thecreditunionconnection.com/service-credit-union-partners-with-nh-housing-to-make-homeownership-more-accessible/): Service Credit Union is excited to announce it has teamed up with the New Hampshire… - [PenFed Credit Union Hosts Ribbon Cutting for New Mayagüez, Puerto Rico Financial Center](https://thecreditunionconnection.com/penfed-credit-union-hosts-ribbon-cutting-for-new-mayagez-puerto-rico-financial-center/): PenFed Credit Union hosted a ribbon-cutting ceremony for its new financial center located at… - [NCUA Releases 2023 Annual Report](https://thecreditunionconnection.com/ncua-releases-2023-annual-report/): The National Credit Union Administration today released its 2023 Annual Report, highlighting the… - [Simplified CECL Tool Updated for March 2024](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-march-2024/): The National Credit Union Administration released the March 2024 update of its Simplified CECL Tool… - [Goalsetter Secures $9.6 Million in Series A Extension Funding to Help American Families Learn to Save, Spend, Invest and Build Wealth](https://thecreditunionconnection.com/goalsetter-secures-96-million-in-series-a-extension-funding-to-help-american-families-learn-to-save-spend-invest-and-build-wealth/): Goalsetter, an award-winning spending, saving, wealth building and financial education platform designed… - [Thin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research Finds](https://thecreditunionconnection.com/thin-file-millennial-and-gen-z-borrowers-lead-in-credit-tier-advancement-open-lending-and-transunion-research-finds/): Open Lending Corporation and TransUnion today released a new study on the borrowing habits and… - [How Can Credit Unions Achieve Greater ROA? O2 CEO Shares Strategy to Boost Operational Effectiveness](https://thecreditunionconnection.com/credit-unions-operational-efficiency-o2-consulting-bonnie-ortiz-strategy/): Credit unions are always looking for ways to do better for their members. That often means looking inward at your credit union’s operations. Credit union leaders must consider whether they have the right people, policies and procedures in place, as well as the right tools. Some may have an idea of what needs to be improved, but ensuring you’re taking the right steps can be a challenge. The Credit Union Connection Co-Founder/Publisher/Editor Sarah Snell Cooke recently talked with O2 Consulting Group CEO Bonnie Ortiz to learn how credit unions can improve their efficiency and, in turn, help them achieve their […] - [Municipal Credit Union Holds 2024 Annual Meeting](https://thecreditunionconnection.com/municipal-credit-union-holds-2024-annual-meeting/): Municipal Credit Union (MCU) held its 2024 annual membership meeting on March 20. MCU’s prior-year… - [GOLD Credit Union Members’ Positive Vote Finalizes Merger Approvals with United Federal Credit Union](https://thecreditunionconnection.com/gold-credit-union-members-positive-vote-finalizes-merger-approvals-with-united-federal-credit-union/): Pennsylvania-based GOLD Credit Union (GOLD) expects to officially merge into Michigan-based… - [Matanuska Valley CEO Announces His Upcoming Retirement After 40 Years of Service](https://thecreditunionconnection.com/matanuska-valley-ceo-announces-his-upcoming-retirement-after-40-years-of-service/): Ed Gravley, CEO of Matanuska Valley Federal Credit Union (MVFCU), announced his plan to retire in… - [Local Financial Institutions Collaborate to Support Lumen High School](https://thecreditunionconnection.com/local-financial-institutions-collaborate-to-support-lumen-high-schoo/): In a trailblazing partnership, Washington Trust Bank has granted Canopy Credit Union $15,000 to continue… - [Newly Formed Blaze Credit Union Selects Q2 to Provide a Personalized Digital Experience for its Growing Membership](https://thecreditunionconnection.com/newly-formed-blaze-credit-union-selects-q2-to-provide-a-personalized-digital-experience-for-its-growing-membership/): Q2 Holdings, Inc. today announced that Blaze Credit Union (“Blaze”) has selected Q2 to power the digital… - [BayPort Credit Union Wins CUNA Diamond Award for $500,000 Accelerating Change Together Grant Community Outreach Initiatives](https://thecreditunionconnection.com/bayport-credit-union-wins-cuna-diamond-award-for-500000-accelerating-change-together-grant-community-outreach-initiatives/): BayPort Credit Union today announced it was awarded a Diamond Award by the Credit Union… - [Securityplus Federal Credit Union Announces Strategic Commitment to Local Small Businesses with New SBA Lending Designation](https://thecreditunionconnection.com/securityplus-federal-credit-union-announces-strategic-commitment-to-local-small-businesses-with-new-sba-lending-designation/): In a major development for local businesses, Securityplus Federal Credit Union announced its approval as… - [EECU Named One of America\'s Best Regional Banks & Credit Unions for 2024 by Newsweek](https://thecreditunionconnection.com/eecu-named-one-of-americas-best-regional-banks-amp-credit-unions-for-2024-by-newsweek/): For the first time, DFW-based credit union EECU has been recognized as one of America\'s Best Regional… - [Emporia State Federal Credit Union Launches New Online & Mobile Banking App, Powered by Bankjoy](https://thecreditunionconnection.com/emporia-state-federal-credit-union-launches-new-online-amp-mobile-banking-app-powered-by-bankjoy/): Emporia State Federal Credit Union has launched its newly updated online and mobile banking app, powered by… - [PSCU/Co-op Solutions Appoints Two New Executive Vice Presidents](https://thecreditunionconnection.com/pscuco-op-solutions-appoints-two-new-executive-vice-presidents/): PSCU/Co-op Solutions has announced the appointment of Vel Davidov to executive vice president, chief financial officer and… - [Alkami Builds Industry-First Digital Maturity Assessment for Financial Institutions](https://thecreditunionconnection.com/alkami-builds-industry-first-digital-maturity-assessment-for-financial-institutions/): Digital Sales & Service Maturity Model Assessment follows Alkami\’s release of research to measure digital maturity in financial institutions Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today launched the Alkami Digital Sales & Service Maturity Model Assessment, enabling banks and credit unions to quickly and easily assess their digital maturity, and then arming them with tools to take action on their results. The assessment, which is free to take and available now, is the first of its kind in the financial services industry and was built exclusively for financial […] - [Auto Financial Group Announces Q3-Q4 2023 Results](https://thecreditunionconnection.com/auto-financial-group-announces-q3-q4-2023-results/): Auto Financial Group (AFG), one of the nation\’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q3-Q4 2023 today. In the second half of 2023, AFG signed five new credit unions to its Walk-Away Balloon Lending Program, including Fibre Federal Credit Union, Finger Lakes Health Care Federal Credit Union and State Civil Service Employees Federal Credit Union. The five credit unions represent combined assets of over $2.3 billion and a reach increase of almost 3.5 million consumers across four states. \”In today\’s economy, it is imperative to our credit union to assist our members […] - [Pioneer FCU Expands Partnership with Tyfone, Adds Business Banking and Payments Solutions](https://thecreditunionconnection.com/pioneer-fcu-expands-partnership-with-tyfone-adds-business-banking-and-payments-solutions/): Previous relationship cements decision to implement Tyfone’s entire suite of digital solutions Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced its long-time customer, Pioneer Federal Credit Union (Pioneer, $746 million in assets and 50,000 members), is adding the nFinia® Business Digital Banking solution; as well as its Skip-a-Pay, Quick Pay and FedNow Instant Payments Xchange (IPX) payments products, to grow engagement and improve the digital experience for members. Headquartered in Mountain Home, Idaho, Pioneer first partnered with Tyfone in 2021 and successfully migrated from its legacy digital banking platform […] - [Renita Marcellin Appointed Senior Advisor to Board Member Otsuka](https://thecreditunionconnection.com/renita-marcellin-appointed-senior-advisor-to-board-member-otsuka/): National Credit Union Administration Board Member Tanya F. Otsuka announced today the appointment of Renita Marcellin as her senior advisor. “Renita brings a wealth of financial regulatory knowledge and mission-oriented public policy experience, and I am delighted that she is taking on this crucial role,” Board Member Otsuka said. “Throughout her career, she has excelled at building coalitions and working with a broad range of stakeholders to advance important policy goals. Her dedication to building an equitable economy and financial system will be invaluable to the NCUA and the millions of Americans who depend on a safe and fair credit […] - [The Illinois Credit Union System Celebrates 2023 Charitable Contributions](https://thecreditunionconnection.com/the-illinois-credit-union-system-celebrates-2023-charitable-contributions/): As a League-owned business subsidiary, Envisant is a for-profit organization that operates with the credit union philosophy of giving back to members and communities. For Envisant, with nearly 2,000 credit union customers across the country, the community is the credit union system and the many organizations helping to take on the variety of challenges facing credit unions and their members.     “I’m proud of the way Envisant has been able to financially help the wonderful organizations in the credit union movement that are focused on improving the lives of employees, members, and communities,” said Tom Kane, CEO of Envisant. “I’m especially pleased […] - [BHFCU Awards $20,000 in Scholarships to High School Seniors](https://thecreditunionconnection.com/bhfcu-awards-20000-in-scholarships-to-high-school-seniors/): Owen P. Tate C. Karina N. Abigail K. Daniel J. Roman S. Robin T. Maria E. Alana G. Bailey C. Each year, Black Hills Federal Credit Union (BHFCU) celebrates the accomplishments of high school seniors with $20,000 worth of scholarships. Over the past two decades, BHFCU has awarded aid to more than 130 local students through the VIBZ Scholarship Program. This year’s application call drew an impressive pool of applicants, but these ten students rose to the top. Each student will receive $2,000 for their first year of higher education. Demonstrating outstanding commitment, leadership, community service, and academic achievement, please […] - [Dolphin Debit Becomes Strategic Partner with Association of Vermont Credit Unions](https://thecreditunionconnection.com/dolphin-debit-becomes-strategic-partnerwith-association-of-vermont-credit-unions/): Dolphin Debit is now a strategic partner with the Association of Vermont Credit Unions, giving members of the association as well as credit unions in adjacent states more accessibility to Dolphin’s ATM management solutions. Dolphin Debit, the full-service ATM management company, has strategic partnerships with many credit union associations across the country. This latest partnership gives Dolphin increased visibility in New England. The Association of Vermont Credit Unions, founded in 1947, provides that state’s credit unions with a variety of professional trade association services. It works to promote the credit union movement, provide legislative advocacy, and works to foster a […] - [GenAI, Text Messaging for Collections Take Center Stage at Annual NCUCA Conference](https://thecreditunionconnection.com/genai-text-messaging-for-collections-take-center-stage-at-annual-ncuca-conference/): Ashish Garg and Jenn Quinn from Eltropy to highlight AI\’s potential for improving community bank and credit union loan servicing and collections Eltropy, the leading AI-powered unified conversations platform for community financial institutions, will showcase its latest innovations and customer success at the upcoming National Credit Union Collections Alliance (NCUCA) Conference, taking place April 2-4, 2024 in Las Vegas. A premier event for credit union collections and lending professionals, the NCUCA Conference explores trends and strategies in loan servicing, delinquency management, and enhancing the borrower experience. Ashish Garg, Co-founder and CEO of Eltropy, will deliver a keynote on \”AI in […] - [Tinker Federal Credit Union Names New Senior Vice President](https://thecreditunionconnection.com/tinker-federal-credit-union-names-new-senior-vice-president/): Paul Krus is TFCU’s senior vice president/supervisory principal, TFCU Financial Advisors. Tinker Federal Credit Union (TFCU) recently named Paul Krus as senior vice president/supervisory principal, TFCU Financial Advisors. In his role, Krus will be managing the ongoing operational compliance, sales and strategy of TFCU Financial Advisors and its investment and insurance planning services. Krus will champion the efforts of TFCU Financial Advisors to provide solid financial guidance to TFCU members. “Paul has a proven track record of developing talented financial advisors who help people plan their financial futures,” said Connie Wall, TFCU’s executive vice president/chief operations officer. “His genuine interest […] - [TopLine Credit Union Foundation Awards $30,500 in Scholarships](https://thecreditunionconnection.com/topline-credit-union-foundation-awards-30500-in-scholarships/): The foundation assists students with costs of higher education locally and globally In its ninth year, TopLine Credit Union Foundation has awarded $29,000 in scholarship money to 29 TopLine members who are continuing their education. Additionally, the foundation awarded $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI), a local non-profit organization with a vision to assist African students with access to education, books and school supplies. TopLine Credit Union Foundation received over 175 applications. Any TopLine member pursuing post-secondary education by attending a college […] - [People\'s Credit Union Donates $2,000 to Lucy\'s Hearth](https://thecreditunionconnection.com/peoples-credit-union-donates-2000-to-lucys-hearth/): Supports Efforts to Help Local Families Find Stable Housing and Prevent Homelessness With a recent $2,000 donation, People\’s Credit Union continues its ongoing support of Lucy\’s Hearth and its mission to ensure that all families have a place to call home. People\’s Credit Union Head of Community Development, Courtney Hunter, presented a check to Ashley Salemi Tarvis, Director of Lucy\’s Hearth, to aid their efforts in fostering independence and self-sufficiency through holistic programs and services. \”The team at Lucy\’s Hearth has a passion for helping homeless children and their families that is truly commendable,\” said Ms. Hunter. \”We are proud […] - [Bankjoy Named “Best Digital Banking Platform” in 8th Annual FinTech Breakthrough Awards](https://thecreditunionconnection.com/bankjoy-named-best-digital-banking-platform-in8th-annual-fintech-breakthrough-awards/): Leading digital banking provider, Bankjoy has been named a winner in the 8th annual FinTech Breakthrough Awards for the category, “Best Digital Banking Platform.” FinTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today. For nearly a decade, the annual FinTech Breakthrough Awards has showcased the creativity, hard work and success of the most innovative companies and technologies in the financial services industry. This year’s awards program honors FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, […] - [Nuvision Credit Union and Cooperative Center Federal Credit UnionAnnounce Merger Approval](https://thecreditunionconnection.com/nuvision-credit-union-and-cooperative-center-federal-credit-unionannounce-merger-approval/): Nuvision Credit Union (Nuvision) and Cooperative Center Federal Credit Union (Cooperative) announced today that their merger has been approved by a majority vote of Cooperative members. With all approvals received, the merger will be effective June 1, 2024. The credit union will operate under the Nuvision name and charter, with combined leadership and employees. Nuvision CEO Roger Ballard will be CEO of the continuing credit union; Cooperative CEO Fadhila Holman will remain with the combined credit union focused on Northern California operations. “We have great respect for Cooperative’s long cooperative legacy of providing outstanding service to its members and investing […] - [First Community Trust Announces Partnership With Affinity Credit Union](https://thecreditunionconnection.com/first-community-trust-announces-partnership-with-affinity-credit-union/): Partnership Will Expand Investment and Retirement Services to More Iowans First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Dubuque, has announced a new partnership with Des Moines-based Affinity Credit Union to offer investment management, retirement and trust services to more Iowans. FCT services include investment, retirement, financial and estate planning primarily through credit unions, as well as trust and estate administration. “With this partnership, we can further our mission of building better lives and financially empowering central Iowa,” said Jeremy Smith, CEO of Affinity. “We are always looking for ways to help members achieve financial success and […] - [VyStar Credit Union Opens First Branch in Smyrna Continuing Growth and Economic Impact in Georgia](https://thecreditunionconnection.com/vystar-credit-union-opens-first-branch-in-smyrnanbspcontinuing-growth-and-economic-impact-in-georgia/): VyStar Credit Union is proud to announce its Smyrna location is now open at 4575 S. Cobb Drive in Smyrna, Georgia. This is VyStar’s third full-service branch in Metro Atlanta and joins branches in Stockbridge and Suwanee. The Smyrna branch features VyStar’s innovative digital-forward design, which enhances how employees connect with members. This includes interactive touchscreen kiosks that provide helpful financial tools and allow members to quickly explore the latest products, services, and rates. “We’re excited to open our Smyrna branch and expand the credit union’s presence in Metro Atlanta,” said VyStar EVP/Chief Operations Officer Chad Meadows. “VyStar’s first branch […] - [NCUA Releases Q4 2023 State-level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q4-2023-state-level-credit-union-data-report/): Federally insured credit unions experienced growth in loans and the share of credit unions with positive net income increased over the year ending in the fourth quarter of 2023, while delinquencies rose and assets and shares and deposits declined, according to the NCUA.. Source: NCUA Click through the link to the NCUA website for more details. Source: NCUA Click on the image to the NCUA website for more details. Source: NCUA For more detailed information, click through the image to the NCUA website. Source: NCUA For more detailed information, click through the image to the NCUA website. Source: NCUA For […] - [How can credit unions remain relevant? Here’s what Constellation’s Kris Kovacs told us during GAC](https://thecreditunionconnection.com/constellation-ceo-kris-kovacs-on-how-credit-unions-remain-relevant-gac/): Credit unions continue to fight to stay relevant and attract future members. In order to do so, credit unions need to recognize that a younger member will have different needs than an older one, and that improved efficiency in their processes will be necessary to bring those younger members in. The Credit Union Connection Cofounder/Publisher/Editor Sarah Snell Cooke sat down to talk with Constellation President/CEO Kris Kovacs to discuss how credit unions can achieve a better vision for their credit union and how data can drive credit unions to meet their members where they are. Read the full transcript below: […] - [Jennifer Kouchis Joins ORNL FCU as Chief Strategy & Growth Officer](https://thecreditunionconnection.com/ornl-fcu-welcomes-jennifer-kouchis-as-chief-strategy-amp-growth-officer/): ORNL Federal Credit Union (ORNL FCU) recently announced the appointment of Jennifer Lopez Kouchis as Chief Strategy & Growth Officer, effective February 19, 2024. The position is new to the $3.65 billion dollar organization. Kouchis will lead ORNL FCU’s largest growth-driving areas, including lending, marketing, and data analytics. She will also oversee 7, LLC, ORNL FCU’s credit union service organization (CUSO), which includes 7 Servicing, 7 Title, 7 Mortgage, and 7 Insurance. With combined oversight, this brings all of these operational areas under one unified strategic line. “I am thrilled to welcome Jennifer to the ORNL FCU team,” said Jenny […] - [Corporate Credit Unions: What’s Our Future?](https://thecreditunionconnection.com/corporate-credit-unions-whats-our-future/): Like all businesses, corporate credit unions have experienced various challenges since our… - [You Don\'t Have to Check Off All the Boxes, Take the Shot](https://thecreditunionconnection.com/you-dont-have-to-check-off-all-the-boxes-take-the-shot/): In honor of Women’s History Month and March Madness, I want to call out a famous quote from… - [Credit Unions For Kids Wine Auction Continues Record-Breaking Support With $1.85 Million Raised For Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/credit-unions-for-kids-wine-auction-continues-record-breaking-support-with-185-million-raised-for-childrens-miracle-network-hospitals/): Annual Wine Gala Raises More Than $1 Million for 10 Consecutive Years Grossing More Than $16 Million for CMN Hospitals in the last 19 Years. The Credit Unions for Kids Wine Auction continued its record-breaking streak of raising $1.85 million for the eleven Children’s Miracle Network Hospitals in California and Nevada at their 19th annual event on March 15, 2024. A total of more than 500 attendees, made up of 64 credit unions, business partners, and hospitals, gathered to support and celebrate the work of Children’s Miracle Network at this year’s black-tie event held at the Ritz-Carlton Laguna Niguel Resort […] - [SchoolsFirst FCU Celebrates 2023 Year of Giving to Children\'s Miracle Network Hospitals](https://thecreditunionconnection.com/schoolsfirst-fcu-celebrates-2023-year-of-giving-to-childrens-miracle-network-hospitals-1/): Credit Union Raised More Than $365,000 in 2023 for Children\’s Miracle Network and Area Children\’s Hospitals SchoolsFirst FCU, the largest credit union serving school employees and their families, today announced that it contributed more than $365,000 in 2023 – through a combination of corporate donations and fundraising – to support Children\’s Miracle Network Hospitals (CMNH) and designated children\’s hospitals in California, including Children\’s Health of Orange County (CHOC), Children\’s Hospital Los Angeles (CHLA), Rady Children\’s Hospital – San Diego and UC Davis Children\’s Hospital. As a credit union serving California school employees and their families, SchoolsFirst FCU has participated in supporting Children\’s […] - [Los Angeles Police Federal Credit Union Selects Q2 to Improve the Digital Banking Experience for Law Enforcement Members](https://thecreditunionconnection.com/los-angeles-police-federal-credit-union-selects-q2-to-improve-the-digital-banking-experience-for-law-enforcement-members/): Q2 helps LAPFCU expand its digital capabilities to meet the unique needs of its growing membership Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced its partnership with the Los Angeles Police Federal Credit Union (LAPFCU) to modernize and increase digital accessibility for law enforcement members. Founded in 1936, $1.4 billion LAPFCU is a Trade Industry or Profession (TIP) credit union based in Van Nuys, California, and serves more than 45,000 law enforcement personnel and their families. LAPFCU will convert its digital banking system to Q2’s industry-leading platform and leverage the Q2 […] - [WOCCU Launches New Online Networking Series in April](https://thecreditunionconnection.com/woccu-launches-new-online-networking-series-in-april/): Credit union professionals will have opportunity to connect for one-on-one discussions via Meetaway The World Council of Credit Unions’ (WOCCU) Webinars team is thrilled to launch the Global Credit Union Professionals Online Networking Series. The innovative platform, Meetaway, allows participants to identify shared discussion goals and influence the AI match-making software with custom tags, resulting in a series of short, productive peer discussions. You can take a look at how the platform works here. Who/When: The first three sessions will focus on credit union professionals who work in Member Experience, Digital Transformation and Marketing. Employees at any level are welcome […] - [Revity Credit Union’s Keith Burton to Retire, DDJ Myers Leading Search for Next CEO](https://thecreditunionconnection.com/revity-credit-unions-keith-burton-to-retire-ddj-myers-leading-search-for-next-ceo/): After dedicating the past 38 years to serving Revity Credit Union, President/CEO, Keith Burton recently announced that he is planning to retire by the end of 2024. A search for Revity’s next CEO has been launched by DDJ Myers, the well-known executive search and leadership development firm. “We’d like to recognize Keith’s service and dedication to always putting Revity’s members first. As our CEO since 2013, he’s been responsible for all aspects of the credit union’s operations and financial performance, ushering in a new era of growth while developing innovative solutions to help us serve as a beacon for continuous […] - [CU*Answers Welcomes Two New MemberPass Biometric Authentication Pilot Participants](https://thecreditunionconnection.com/cuanswers-welcomes-two-new-memberpass-biometric-authentication-pilot-participants/): CU*Answers is excited to announce that two additional credit unions will join the MemberPass biometric member authentication pilot: Partnership Financial Credit Union (Morton Grove, IL) and Madison County Federal Credit Union (Anderson, IN). Recently, CU*Answers announced the first of its pilot members, encurage Financial Credit Union Network, whose deployment was initiated in March 2024. In December 2023, CU*Answers integrated MemberPass into its CU*BASE core system. MemberPass, developed by CUSO Bonifii, transforms the member authentication process by eliminating the need for knowledge-based questions, such as mother’s maiden name or partial social security numbers, and instead utilizes secure biometric and digital credential […] - [Envisant Announces Strategic Partnership with Curql](https://thecreditunionconnection.com/envisant-announces-strategic-partnership-with-curql/): Envisant announces a groundbreaking partnership with Curql Collective opening the door for credit unions with assets between $100 million to $1 billion to jointly invest in transformative fintech. This collaboration addresses the increasing need for these credit unions to harness advanced technologies to remain competitive and relevant in a sector increasingly dominated by large banks and tech conglomerates.  “We’re excited to bring credit unions this unique opportunity to engage with Curql Collective,” said Tom Kane, CEO of Envisant. “The Curql II Fund creates an investment diversification strategy with incredible potential for credit unions to engage in Curql at a lower investment […] - [Addition Financial Credit Union to Provide Hands-On Financial Education Through Partnership with Junior Achievement and JA Biztown®](https://thecreditunionconnection.com/addition-financial-credit-union-to-provide-hands-on-financial-education-through-partnership-with-junior-achievement-and-ja-biztown/): Addition Financial Credit Union announced this week they are expanding their partnership with Junior Achievement (JA) of Central Florida to serve as a banking partner for the popular JA Biztown® program offered to elementary and middle school students across the greater Orlando area. JA Biztown® is a hands-on educational program that combines in-class learning with a day-long simulation of a real town. Students take on roles within the simulated community, such as running a bank or credit union, managing a restaurant, or even voting for mayor. This immersive experience allows them to connect the dots between their classroom lessons and […] - [The 3 Rs to Prevent Elderly Financial Abuse: Red Flags, Relationships and Respect](https://thecreditunionconnection.com/the-3-rs-to-prevent-elderly-financial-abuse-red-flags-relationships-and-respect/): Consider financial education comprehensively for National Financial Literacy Month By OneDigitalTrust Recent lawsuits point to both the vulnerability of many older Americans to the scourge of online financial fraud and the opportunity that engaged financial services providers have to help thwart such pernicious crime. Two such complaints are against a top 5 bank, which is accused of allowing two elderly women in California to lose more than $2 million to so-called “pig butchering scams.” Here, fraudsters posed as IRS agents to win the victims’ trust and trick them into multiple fraudulent transactions facilitated by the bank. In another case, a […] - [Solano County Office of Education and Travis Credit Union to Host Youth Financial Literacy Event](https://thecreditunionconnection.com/solano-county-office-of-education-and-travis-credit-union-to-host-youth-financial-literacy-event/): Youths from Seven Solano County School Districts Will Learn Important Personal Finance Skills Travis Credit Union (TCU) and the Solano County Office of Education (SCOE) will be hosting a hands-on financial literacy event aimed at empowering teens and young adults with essential financial skills. The primary objective of the event is to simulate the realities of managing financial responsibilities and to educate students on making informed financial decisions. Participants will learn through an interactive financial simulation designed to provide a realistic experience of managing personal finances in the adult world. Students from seven Solano County school districts will be assigned […] - [New Hires and Promotions Announced at Nine Credit Unions and CUES](https://thecreditunionconnection.com/new-hires-and-promotions-announced-at-nine-credit-unions-and-cues/): Multiple credit unions announced new hires, four credit unions announced promotions, and Unitus Community Credit Union announced a new addition to their Board of Directors. New Hires TBA Credit Union is pleased to announce Dan Galbraith as the new Commercial Relationship Specialist. With a 20-year career in the banking industry, Galbraith brings a wealth of knowledge and expertise to his new role, where he will be responsible for fostering and expanding business relationships within the community. Galbraith replaces retiring Mark Guimond, who held this position for the last five years. Redwood Credit Union has hired Forest de Jong as vice […] - [U.S. Eagle Credit Union Announces the Opening of its New Albuquerque South Valley Branch](https://thecreditunionconnection.com/us-eagle-credit-union-announces-the-opening-of-its-new-albuquerque-south-valley-branch/): Local Community Champion Honored and Memorialized with New Branch Dedication U.S. Eagle Federal Credit Union, one of New Mexico\’s leading credit unions with more than 93,000 members, announces today the opening of its new Herrera Isleta Branch to provide banking and financial services to local businesses and members living in the South Valley and Mesa Del Sol communities. The Herrera Isleta Branch is located at 3801 Isleta Blvd. SW, in southwest Albuquerque. The new branch is dedicated to the life and service of Kenneth E. Herrera, former Board Director of U.S. Eagle. A fixture in the community and dedicated fighter […] - [Verve Selects Mitch Kime as Chief Growth Officer](https://thecreditunionconnection.com/verve-selects-mitch-kime-as-chief-growth-officer/): Verve, A Credit Union has selected Mitch Kime as its new Chief Growth Officer. “Verve is thrilled to announce Mitch Kime as our new Chief Growth Officer. With his visionary leadership and strategic expertise, we are poised for new growth and innovation,” says Kevin Ralofsky, President & CEO. “Mitch\’s dynamic approach will drive transformative initiatives to reignite our brand and product offerings, enhance member experiences and help to propel Verve to new heights.” Kime brings 30 years of diverse experience as a financial executive across sales, marketing, operations, credit risk, and product line leadership to his new role. Prior to […] - [Non-Interest Fee Income from Embedded Insurance inside Banks & Credit Unions Notes Growth Fueled by New Product Launches](https://thecreditunionconnection.com/non-interest-fee-income-from-embedded-insurance-inside-banks-amp-credit-unions-notes-growth-fueled-by-new-product-launches/): BUNDLE by Insuritas announces over a dozen new insurance products to be embedded inside its insurance agency ecosystem Insuritas, the nation’s leading operator of embedded insurance agencies for financial institutions, announces a major expansion of the insurance products offered inside its embedded insurance agencies as it continues to re-engineer insurance distribution in America. Banks and Credit Unions prove to be the ideal platform to help consumers and business owners to shop, compare and buy every insurance product they might ever need on a single platform. With today’s announcement the expanded product portfolio features products that historically required a customer to […] - [Indiana Members Credit Union Announces 2024 Cancer Awareness Card Beneficiary](https://thecreditunionconnection.com/indiana-members-credit-union-announces-2024-cancer-awareness-card-beneficiary/): Indiana Members Credit Union (IMCU), Central Indiana’s largest credit union, is pleased to announce the Caroline Symmes Children\’s Cancer Endowment as the new member-nominated beneficiary for its Cancer Awareness Debit Card. The IMCU Cancer Awareness Debit Card provides members an opportunity to support a different cancer-related organization each year. A portion of each signature transaction made with this card March 1, 2024 through February 28, 2025, up to $10,000, will be donated to the Caroline Symmes Children\’s Cancer Endowment. The card is available for issue to members at IMCU’s 31 Indiana locations. The IMCU Cancer Awareness Debit Card is an […] - [Universal 1 Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition](https://thecreditunionconnection.com/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’sannual marketing excellence competition. U1 received the following recognition: Website Redesign Diamond Award Winner The Marketing & Business Development Council of America’s Credit Unions also announced the list of all winners for its annual Diamond Awards, recognizing the best marketing campaigns in the credit union industry from the past year. Credit unions, advertising agencies, and associations submitted a record 1,451 submissions for the prestigious awards. In all, 168 organizations from 44 states and the District of […] - [Gesa Credit Union Announces New CFO](https://thecreditunionconnection.com/gesa-credit-unionannounces-new-cfo/): Gesa Credit Union is pleased to announce the selection of Kurt Johnson as the Credit Union’s new Chief Financial Officer. “We look forward to Kurt joining us at Gesa Credit Union,” said Don Miller, President/CEO. “With his extensive experience in both finance and risk, Kurt will be an asset to our executive leadership team and our organization. Kurt Johnson has worked in the financial services industry for 28 years, most recently serving on the executive team of the $3.2 billion Wisconsin-based Educators Credit Union. His nine years at Educators Credit Union included time spent in the Chief Financial Officer and […] - [GTE Financial Named Diamonds Awards Recipient Amid Record-Breaking Competition](https://thecreditunionconnection.com/gte-financial-named-diamonds-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 Diamond Awards – the Marketing & Business Development Council’s annual marketing excellence competition. GTE Financial won Category Best for its inaugural Family Motor Fest, a family-friendly festival to raise money for local scholarships in Tampa Bay. \”Winning the prestigious Diamond Awards for our dedication and efforts on Family Motor Fest is a moment of immense pride for us. This accolade is a testament to the countless hours of hard work we poured into creating an event that not only brought […] - [Stephanie Smith of America’s Credit Union Museum Shares Importance of Preserving Credit Unions’ Stories](https://thecreditunionconnection.com/m8eutffbcfwknota35kvd40iu8kfy4/): Credit unions have thousands of amazing stories to tell from their century-plus in business. Unfortunately, many of those stories are cast aside due to mergers and other factors. This is what makes the work of America’s Credit Union Museum so important: to ensure that those stories don’t become completely lost to time. The Credit Union Connection Founder Sarah Snell Cooke got the chance to sit down with America’s Credit Union Museum Executive Director Stephanie Smith to discuss the importance of preserving our stories and history, museum displays including Herstory, and how credit unions can contribute to the museum’s physical and […] - [Registration Open for May 2 NCUA Webinar Covering the 2024 CDRLF Grant Round](https://thecreditunionconnection.com/registration-open-for-may-2-ncua-webinar-covering-the-2024-cdrlf-grant-round/): Low-income credit unions that want to apply for 2024 Community Development Revolving Loan Fund grants can get valuable information from a National Credit Union Administration webinar on May 2. Online registration for this webinar, “Applying for the CDRLF Grant,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Credit unions are encouraged to review the Notice of Funding Opportunity, which describes the 2024 grant initiatives. On the webinar, staff from the NCUA’s grants team will discuss the grant application process in detail, including: CDRLF eligibility requirements. Overview of available […] - [University Credit Union and Pepperdine University Announce Renewal of 30+ Year Partnership](https://thecreditunionconnection.com/university-credit-union-and-pepperdine-university-announce-renewal-of-30-year-partnership/): The Partnership Began in 1993 to Support the Success of College Athletics & Academics Pepperdine University is proud to announce the extension and enhancement of University Credit Union (UCU) as Pepperdine Athletics\’ official financial institution. The partnership provides continued support for the success of college athletics and academics at Pepperdine University and allows UCU to provide a financial advantage as a key community partner with the entire university community, including students, staff, faculty, alumni, and parents.  The multiyear partnership extension will showcase University Credit Union in athletics marketing opportunities and provide further support to campus through initiatives such as financial […] - [Navy Federal Credit Union Announces 7-year Strategic Partnership with Backbase](https://thecreditunionconnection.com/navy-federal-credit-union-announces-7-year-strategic-partnership-with-backbase/): Backbase\’s Engagement Banking Platform will serve as a platform for Navy Federal Credit Union’s ongoing progressive modernization of their member- and employee-facing operations. Backbase, the leading Engagement Banking Platform provider, announces today the renewal and expansion of its partnership with Navy Federal Credit Union, the world’s largest credit union with more than 13 million members and $171 billion in assets, proudly serving U.S. veterans, retired service members and active duty in all branches of the armed forces and their family members. Navy Federal Credit Union has strategically embarked on an ambitious multi-year transformation journey by continuing to standardize on Backbase […] - [Finastra launches Small Business Data Collection solution to help financial institutions comply with DFA 1071](https://thecreditunionconnection.com/finastra-launches-small-business-data-collection-solution-to-help-financial-institutions-comply-with-dfa-1071/): Module streamlines key data collection processes, enabling community banks and credit unions to easily prepare for the incoming regulation Finastra, a global provider of financial software applications and marketplaces, today announced the launch of its Small Business Data Collection module, which enables banks to easily comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements, mandated by Section 1071 of the Dodd-Frank Act (DFA). The module, deployed as part of Finastra\’s LaserPro Compliance Reporter solution, streamlines data collection, validation, storage, report generation, and the annual filing process, saving financial institutions time and effort while ensuring accuracy and […] - [Piedmont Advantage Credit Union announces two new executives to its leadership team](https://thecreditunionconnection.com/piedmont-advantage-credit-union-announces-two-new-executives-to-its-leadership-team/): Piedmont Advantage Credit Union (PACU) is pleased to announce the recent appointments of two key executives to its leadership team. They are new hire Charles Skara as Chief Financial Officer (CFO) and newly promoted Sandy Milton as Chief Operating Officer (COO). These strategic appointments underscore PACU\’s ongoing commitment to strengthen its financial and operational capabilities to serve its members and communities, a privilege PACU has been doing since 1949 or for the last 75 years. CFO Skara brings more than 15 years of experience in banking and manufacturing, having held several senior roles, such as, but not limited to, Vice President and Controller, […] - [Royal Credit Union Honored By Eau Claire City Council; 60th Anniversary Plans Announced](https://thecreditunionconnection.com/royal-credit-union-honored-by-eau-claire-city-council-60th-anniversary-plans-announced/): Royal Credit Union (Royal) is proud to announce its 60th anniversary milestone. Since its inception on April 14, 1964, Royal has been dedicated to serving its members and communities, and to acknowledge this remarkable journey, Royal is hosting a series of celebratory events throughout the year. On April 9, The Eau Claire City Council presented Royal with a certificate of appreciation, recognizing its significant contributions to the community over the past six decades. “On behalf of the entire City Council and the residents of Eau Claire, do express our pride, appreciation, and congratulations to Royal Credit Union staff members, past […] - [During March Minnesota Foodshare Month Topline Financial Credit Union Members and Employees Give Back to Local Twin Cities Communities](https://thecreditunionconnection.com/during-march-minnesota-foodshare-month-topline-financial-credit-union-members-and-employees-give-back-to-local-twin-cities-communities/): TopLine’s employees and members help fight hunger amid the rising demand at food shelves TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held a food drive during the month of March for the MN FoodShare March Campaign benefitting 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, rice, dry pasta, and more to help fight hunger in our local communities. After a record-breaking 7.5 million visits to Minnesota food shelves in 2023, nonprofit leaders say […] - [Proving the Value of Collaboration: CUDX](https://thecreditunionconnection.com/proving-credit-unions-collaboration-value/): Gathering and analyzing data is incredibly important for credit unions to improve everything from their services and member experience to operational efficiency. However, finding that data has become increasingly challenging due to mergers, the COVID-19 pandemic, and branch closures. That’s where The Credit Union Data Exchange, or CUDX, has stepped in. Sarah Snell Cooke talked with Tom Davis, the Acting CEO of CUDX and the full-time CEO of Trellance, about the creation of this data exchange and how it can help credit unions determine what their members need most. Credit unions’ renown collaboration was critical for this new endeavor. Watch […] - [Eglin Federal Credit Union partners with Okaloosa County School District to bring financial literacy to high schools](https://thecreditunionconnection.com/eglin-federal-credit-union-partners-with-okaloosa-county-school-district-to-bring-financial-literacy-to-high-schools/): Eglin Federal Credit Union and the Okaloosa County School District teamed up to bring financial literacy to high school students. Approximately 60 high school students from the 9th to 12th grades participated in lessons facilitated by Eglin Federal Credit Union’s VP Membership and Community Development, Neko Stubblefield, at Crestview High School April 9. The personal financial literacy course covers a wide range of topics, from opening a checking or savings account to planning for retirement. “Eglin Federal Credit Union is committed to the communities we serve by providing free financial education,” said Stubblefield. “By offering this course in local high […] - [PSCU/Co-op Solutions Launches Origination Solutions](https://thecreditunionconnection.com/pscuco-op-solutions-launches-origination-solutions/): Credit card origination services offering moves from alpha pilot phase into early adoption PSCU/Co-op Solutions has announced the launch of its new digital lending suite, Origination Solutions, in partnership with Amount. The suite of offerings is currently in the pilot phase with two credit unions, and PSCU/Co-op Solutions is now accepting early adopters interested in offering their members this cutting-edge, innovative experience. Today’s consumers expect immediacy and a frictionless experience, especially around less complex and higher frequency products. Yet digital account opening and credit card loan origination are both currently associated with a number of challenges, including a lack of […] - [Register Now for “Money Moves to Build Savings and Financial Capability” Webinar on April 11](https://thecreditunionconnection.com/register-now-for-money-moves-to-build-savings-and-financial-capability-webinar-on-april-11-1/): Learn about building financial capability during an April 11 webinar hosted by the National Credit Union Administration’s Office of Consumer Financial Protection. Online registration for this webinar, “Money Moves to Build Savings and Financial Capability,” is now open. The webinar is scheduled to begin at 1 p.m. Eastern and is expected to run one hour. With speakers from America Saves and Bank On, Money Moves to Build Savings and Financial Capability will explore the importance of saving and having safe, fair, and affordable accounts for all. The webinar will discuss the essential elements of financial capability: having a low- or […] - [Trellance Announces Partnership with the Global Women’s Leadership Network (GWLN)](https://thecreditunionconnection.com/trellance-announces-partnership-with-the-global-womens-leadership-network-gwln/): The partnership reflects Trellance’s commitment to promoting gender diversity and equality within the credit union industry Trellance has announced their partnership with the Global Women’s Leadership Network (GWLN), an initiative of the Worldwide Foundation for Credit Unions. A network of over 5,000 individuals from 90 countries, GWLN works towards narrowing the inequality gaps for women, and growing the pipeline of leaders and engaging with colleagues to address issues that are locally, nationally and globally impacting women. The partnership with GWLN demonstrates Trellance’s commitment to promoting gender diversity and equality within the credit union industry, as well as within their own […] - [University of Michigan Credit Union welcomes Will Johnson, MVP cornerback for Michigan Wolverines, in new partnership](https://thecreditunionconnection.com/university-of-michigan-credit-union-welcomes-will-johnson-mvp-cornerback-for-michigan-wolverines-in-new-partnership/): University of Michigan Credit Union (UMCU) is pleased to announce that Will Johnson, CFP National Championship Defensive MVP and esteemed cornerback for the Michigan Wolverines, is partnering with UMCU. \”We are thrilled that Will is partnering with our team. The UMCU purpose is to amaze our members and community and to work together for our shared success, and Will fits so well in assisting us to fulfill this purpose. His commitment and drive on and off the field have amazed so many already. At UMCU we are dedicated to engaging the communities we serve, and we see the same dedication in […] - [Kinecta Federal Credit Union Moves its Wealth Management Program to Ameriprise Financial](https://thecreditunionconnection.com/kinecta-federal-credit-union-moves-its-wealth-management-program-to-ameriprise-financial/): Partnership gives Kinecta Wealth Management clients access to an impressive suite of solutions and services offered by Ameriprise Financial Ameriprise Financial (NYSE: AMP) today announced Kinecta Federal Credit Union, a member-owned financial institution, will transition the support of Kinecta Wealth Management from LPL Financial to the Ameriprise Financial Institutions Group (AFIG). Kinecta Wealth Management includes approximately 20 financial advisors with more than $2 billion in assets with offices in California and New York. The conversion is expected to be complete by the end of 2024. “Our new partnership with Ameriprise Financial allows us to offer an elevated level of service […] - [MeridianLink Powers Enhanced Member Experience for Space Coast Credit Union with Advanced Decisioning Capabilities](https://thecreditunionconnection.com/meridianlink-powers-enhanced-member-experience-for-space-coast-credit-union-with-advanced-decisioning-capabilities/): Florida’s third-largest credit union leverages streamlined decisioning and customizations for personalized banking experiences 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. MeridianLink has worked with SCCU for nearly a decade to support its ongoing digital maturity initiatives. The credit union leverages MeridianLink® Consumer, MeridianLink® Opening, MeridianLink® Portal, MeridianLink® Consulting, and MeridianLink® Insight to streamline its lending and account opening processes, providing […] - [Empowering Minorities: 8 New Credit Union Charters Step Up Where Others Fall Short](https://thecreditunionconnection.com/empowering-minorities-8-new-credit-union-charters-step-up-where-others-fall-short/): Denise Wymore, Chairman, CU De Novo Collective The NCUA recently released its 2023 Annual Report, and one of the highlights listed was the granting of three new credit union charters. The NCUA website also confirmed that we finished last year with 149 mergers. When searching “How to start a credit union” on Google, one is met with disappointing results. The NCUA stands as the only significant resource, offering limited assistance, information or guidance, while state and national trade associations remain notably absent. How did these folks find out about the credit union model, then? The bigger question is how and […] - [CFCU Community Credit Union Selects Pulsate as Marketing Engine to Offer Individualized Digital Services Across Members’ Life Stages](https://thecreditunionconnection.com/ax089t345zqq645o3vmyujyw7lqvda/): CFCU leverages Pulsate’s mobile-first, personalized member engagement solutions through the Constellation Digital Banking platform Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that CFCU Community Credit Union (CFCU) has chosen Pulsate as its premier marketing engine for its ability to meet individual members’ needs throughout all phases of life. Through Pulsate’s partnership with Constellation Digital Partners, CFCU can access Pulsate’s solutions as part of Constellation’s Digital Banking platform. Recognizing Pulsate’s ability to significantly enhance member engagement by capturing the needs of individual members versus relying on […] - [Eltropy Announces Speaker Lineup for EMERGE 2024 — the Premier Event Bringing Generative AI Learning Center Stage for Credit Unions](https://thecreditunionconnection.com/eltropy-announces-speaker-lineup-for-emerge-2024-the-premier-event-bringing-generative-ai-learning-center-stage-for-credit-unions/): Industry thought leaders to converge for insightful sessions exploring the hottest topics for community financial institutions including GenAI’s transformative potential across member engagement, operations, fraud, lending, and more 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.  The action-packed agenda features keynotes, panels and breakout sessions led by innovators from credit unions such as Hughes Federal Credit Union, […] - [Centra AVP Financial Inclusion Marco Dominguez Awarded Juntos Avanzamos Champion Award](https://thecreditunionconnection.com/centra-avp-financial-inclusion-marco-dominguez-awarded-juntos-avanzamos-champion-award/): Centra Credit Union’s Assistant Vice President of Financial Inclusion Marco Dominguez was recently awarded the Juntos Avanzamos Champion Award during America’s Credit Unions Governmental Affairs Conference. Juntos Avanzamos, meaning “together we advance,” is also a designation for credit unions committed to serving and empowering Hispanic, Latinx, and immigrant consumers. “Marco truly embodies Centra’s vision of creating value for our Members, Team Members and Communities we serve,” Centra President and CEO Rick Silvers said. “This is a highly prestigious award presented by Inclusiv and truly showcases Marco’s dedication to a lifetime of making a difference.” The award was presented to Marco […] - [Alliant Credit Union Recognized for Finance Industry & Workplace Achievements in TITAN Business Awards](https://thecreditunionconnection.com/alliant-credit-union-recognized-for-finance-industry-amp-workplace-achievements-in-titan-business-awards/): Alliant CEO honored with Executive of the Year award, organization garners top distinctions for leadership in finance industry and overall workplace excellence Alliant Credit Union, one of the largest credit unions in the nation, has earned the highest honors in this year\’s 2024 TITAN Business Awards, recognizing its leadership and exceptional performance in finance and workplace culture. The international TITAN awards celebrate business excellence worldwide and individuals and organizations for their innovation, leadership and outstanding achievements. Dennis Devine, president and CEO of Alliant Credit Union, was named \”Finance Executive of the Year,\” highlighting his exemplary leadership. Additionally, Alliant received the […] - [Jonathan Hernandez Joins State Department Federal Credit Union as Chief Lending Officer](https://thecreditunionconnection.com/jonathan-hernandez-joins-state-department-federal-credit-union-as-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. With over 15 years of experience in the financial industry, Jonathan brings a wealth of knowledge and expertise to his new role at SDFCU. Throughout his career, he has demonstrated a strong commitment to navigating diverse economic landscapes and adapting to changing member needs, along with a proven track record of driving lending growth and innovation.  \”I am honored to join SDFCU and excited […] - [Idaho Central Credit Union Selects Priority Financial Group to Elevate Wealth Services Department](https://thecreditunionconnection.com/idaho-central-credit-union-selects-priority-financial-group-to-elevate-wealth-services-department/): Collaboration marks PFG’s first partnership with a credit union in Idaho, serving as third-party RIA Priority Financial Group (PFG), a third-party registered investment advisor (TP-RIA) serving financial advisors and financial institutions, announced a strategic relationship with Idaho Central Credit Union (ICCU), a premier credit union in Idaho and Washington with approximately $10 billion in assets and more than 600,000 members. Aimed at broadening ICCU’s wealth management offering, the collaboration marks PFG’s inaugural partnership with a credit union in Idaho and the firm’s first credit union client with a Private Client Group. Under the partnership, PFG will provide middle and back-office […] - [First Tech Federal Credit Union Bolsters Support of Children’s Miracle Network Hospitals, Launches Java4Kids Program](https://thecreditunionconnection.com/first-tech-federal-credit-union-bolsters-support-of-childrens-miracle-network-hospitals-launches-java4kids-program/): Tyfone, CU4Kids co-branded coffee now available at First Tech headquarters and student-run coffee shop, Ground Up First Tech Federal Credit Union (First Tech), the financial partner for the people in tech, through its partnership with Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced it is now providing Java4Kids coffee in its Hillsboro corporate headquarters. All proceeds generated will be donated to the Children’s Miracle Network Hospitals (CMN Hospitals). Headquartered in Hillsboro, Oregon, First Tech has nearly $17 billion in assets and more than 660,000 members. The credit union […] - [Empowering Futures: How Strategic Planning Turns Credit Union Visions Into Realities](https://thecreditunionconnection.com/cu-strategic-planning-credit-unions/): Our blueprint for inspiring and transformative strategic planning sessions “It’s their plan, not our plan.” That’s what comes out of credit unions’ strategic planning sessions when they work with CU Strategic Planning, according to Sr. Director of Strategic Planning Services Jessica LaRocca. Strategic planning should be used to help credit unions make sense of their future. It should provide clear direction and a flexible approach to achieving what the credit union defines as success. Ultimately, the goal is to improve the lives of their credit union members and communities. A strong strategic planning facilitator will guide discussions – even challenge them – but not tell a credit […] - [P1FCU Leverages InMoment’s Cutting-Edge Advanced AI to Elevate Credit Union Member Experiences](https://thecreditunionconnection.com/p1fcu-leverages-inmoments-cutting-edge-advanced-ai-to-elevate-credit-union-member-experiences/): P1FCU leverages innovative technology to glean deeper insights from credit union members’ surveys, digital banking, and call center feedback InMoment®, a leader in Experience Improvement solutions, announced today its collaboration with Potlatch No. 1 Financial Credit Union (P1FCU) to implement a progressive credit union AI-based technology to elevate experiences across all facets of the business to foster member loyalty and satisfaction. Utilizing InMoment’s XI Platform, P1FCU can now pinpoint friction points across the member journey with a sophisticated solution that uses proprietary natural language processing (NLP) and AI technology. This integration and analysis of experience feedback from post-loan and new […] - [Reliant Credit Union Named One of Rochester’s Top Workplaces for Seventh Year in a Row](https://thecreditunionconnection.com/reliant-credit-union-named-one-of-rochesters-top-workplaces-for-seventh-year-in-a-row/): Reliant Credit Union has been awarded a Top Workplaces honor by the Democrat and Chronicle for the seventh year in a row. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few. “Being recognized as a Top Workplace for the seventh consecutive year is proof of the unwavering commitment of the entire Reliant Credit Union team,” said Pamela Heald, President & CEO of Reliant. […] - [VyStar Credit Union Wins Economic Vehicle Accessibility Award from Open Lending](https://thecreditunionconnection.com/vystar-credit-union-wins-economic-vehicle-accessibility-award-from-open-lending/): VyStar Recognized for Bringing Vehicle Ownership Opportunities to Underserved Consumers VyStar Credit Union was recently honored with a 2023 Economic Vehicle Accessibility Award (EVAA) from Open Lending at its inaugural EVAAs, held in Washington, D.C. VyStar was recognized for its commitment to driving access to vehicle ownership through equitable financing opportunities for consumers often overlooked by traditional underwriting methods. Awards are based on categories defined by the asset size of the credit union and judged by the number of Lenders Protection certified loans booked for the 2023 calendar year.  Through Open Lending, VyStar assisted more than 5,000 members receive approval […] - [‘Credit Union SACTOWN Run’ Raises $216,500 for California & Nevada CMN Hospitals](https://thecreditunionconnection.com/credit-union-sactown-run-raises-216500-for-california-amp-nevada-cmn-hospitals/): The Annual Credit Union SACTOWN Run took place Sunday, April 7, in Sacramento, raising more than $216,500 for 11 Children’s Miracle Network Hospitals (CMN) and helping local kids throughout California and Nevada receive the medical care they need. Click here to view photos! More than 2,000 runners participated in this year’s run, including 986 credit union employees and credit union members from across California and Nevada. The event — which started and ended on the Capitol Mall in front of the California State Capitol — featured a 10-mile race, 5K run/walk, and Miracle Mile. The run was hosted by the […] - [Origence Announces Chris Gerdes As A Keynote Speaker For Lending Tech Live ’24 Conference](https://thecreditunionconnection.com/origence-announces-chris-gerdes-as-a-keynote-speaker-for-lending-tech-live-24-conference/): Origence, the leading lending technology solutions provider for credit unions, announces Chris Gerdes as a keynote speaker for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California. Gerdes’ keynote session, “Cars of the Future – Radically Different or a Lot Like Today?” will unravel the complexities of the automotive industry. He will explore the science behind automotive advances, the latest technologies and how they work, what they will deliver to customers, and what challenges remain. Chris Gerdes, professor emeritus of mechanical engineering at Stanford University, leads a dynamic laboratory that delves […] - [Greater Texas|Aggieland Credit Union Earned Three Diamond Awards Amid Record-Breaking Competition](https://thecreditunionconnection.com/greater-texasaggieland-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 Development Council’s annual marketing excellence competition. The awards recognized: Greater Texas’ Little Lockers campaign, with a “category best” honor for its ongoing campaign to provide books and reading materials to elementary students within Manor ISD. Creative assets for Greater Texas|Aggieland’s GuidePoint internal knowledge-based learning platform. The Aggieland Credit Union subsidiary for its Angler’s TV commercial, which generated nearly 2,700 new checking accounts. The Greater Texas|Aggieland campaigns were judged against a record 1,451 entries from 168 credit union organizations across the […] - [Industry Vet David Germann to Steer Sales & Marketing for CU LIFT Fund](https://thecreditunionconnection.com/industry-vet-david-germann-to-steer-sales-amp-marketing-for-cu-lift-fund/): Brings CLO-level credit union experience CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of David Germann as Vice President of Sales and Marketing. Germann will drive the CUSO’s go-to-market strategy as it takes hold across the industry. He has an extensive career in retail banking and was most recently the Chief Lending Officer at $1.5 billion Credit Union of America, where he drove the credit union to become the top auto lender in the entire state of Kansas. “I am most excited about the valuable insights […] - [AKUVO-LCT Partnership Upgrades F&I Compliance](https://thecreditunionconnection.com/akuvo-lct-partnership-upgrades-fampi-compliance/): AKUVO, a technology organization that specializes in collections and credit risk, is proud to announce a new partnership with Lender Compliance Technologies (LCT) of Southlake, Texas. LCT is an emerging leader in compliance solutions for managing finance and insurance (F&I) product refunds. In recent years, federal and state regulators have increased their scrutiny of the administration of these products. Specifically, regulators want to ensure borrowers are refunded when F&I products are cancelled due to repossessions, early payoffs and total losses. Managing the refund process has historically been a manual process, which can be inefficient and sometimes inaccurate. LCT’s Refund Control […] - [Virginia Credit Union Expands Relationship with PSCU/Co-op Solutions to Include Contact Center Services](https://thecreditunionconnection.com/virginia-credit-union-expands-relationship-with-pscuco-op-solutions-to-include-contact-center-services/): Expansion made possible by combination of CUSOs PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to announce it has expanded its partnership with Virginia Credit Union (VACU) to include contact center member services and support, alongside continued debit and credit card processing. Headquartered in Richmond, Virginia, VACU was founded in 1928 with a goal of providing members with the accounts, tools, education and resources they need to make confident financial decisions and maintain peace of mind that their future is financially secure. The credit union currently holds more […] - [Georgia United Credit Union promotes Janis Johnson to Chief Risk Officer/General Counsel](https://thecreditunionconnection.com/georgia-united-credit-union-promotes-janis-johnson-to-chief-risk-officergeneral-counsel/): Brought on board in September 2023 as Georgia United Credit Union’s first-ever in-house attorney, Janis Johnson has been promoted to chief risk officer/general counsel overseeing all aspects of the credit union’s legal functions, risk management, compliance and board governance. “In her new role, Janis will provide us with a holistic view of risk, including legal, regulatory, compliance and other operational aspects,” said Executive Vice President/Chief Financial Officer Bob Bogart. “She is poised to navigate and safeguard our company through dynamic legal landscapes with precision and insight.” Prior to joining Georgia United, Johnson was senior vice president, deputy general counsel and […] - [Arizona Financial Credit Union Partners with NCR Atleos to Elevate Self-Service Banking](https://thecreditunionconnection.com/arizona-financial-credit-union-partners-with-ncr-atleos-to-elevate-self-service-banking/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $3.3 billion-asset Arizona Financial Credit Union (AZFCU) has selected Atleos’ ATM as a Service (ATMaaS) to increase operational efficiencies within the self-service banking channel while improving the member experience. AZFCU has been serving consumers and small businesses throughout Arizona for nearly 90 years. As many of the credit union’s ATMs were reaching end of life, AZFCU evaluated how to provide strong self-service experiences while supporting ongoing growth now and into the future. The credit union ultimately selected Atleos’ ATMaaS solution, trusting the experts […] - [Nook Secures Investment from Dort Financial, Forms CUSO](https://thecreditunionconnection.com/nook-secures-investment-from-dort-financial-forms-cuso/): Nook (www.nook-inc.com), a pioneer bringing relationship-based banking back to credit… - [Hawaii Central Federal Credit Union Presents $5,000 Check To Chaminade Women’s Softball Team](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-presents-5000-check-to-chaminade-womens-softball-team/): Hawaii Central Federal Credit Union (FCU) presented the Chaminade Women’s Softball Team with a check for $5,000.00 before their game against Academy of Art on April 7, 2024. “Studies have shown the positive impact sports have on the lives of students, both on their grades and their self-esteem,” said Hawaii Central FCU President Drake Tanabe who knows the difficulties of being a student athlete. “The ladies work so hard. Many participate in the program for little more than the love of the game, an example set by Coach Kent [Yamaguchi].” “I’m proud of the team both on and off the […] - [Former Hospital Administrator Pleads Guilty in Identity Theft Scheme That Spanned Three Decades](https://thecreditunionconnection.com/former-hospital-administrator-pleads-guilty-in-identity-theft-scheme-that-spanned-three-decades/): Victim Falsely Prosecuted and Spent Nearly Two Years in Jail and Mental Hospital A former Iowa hospital administrator who lived under a false identity for more than 30 years and caused the false imprisonment of his victim pled guilty today in federal court in Cedar Rapids, Iowa.  Matthew David Keirans, age 58, from Hartland, Wisconsin, was convicted of one count of false statement to a national credit union administration insured institution and one count of aggravated identity theft. Evidence presented at hearings in the case established that Keirans and his identity theft victim worked together at a hotdog cart in […] - [Be careful what you wish for concerning the CFPB](https://thecreditunionconnection.com/be-careful-what-you-wish-for-concerning-the-cfpb/): The adage, “Be careful what you wish for; you just might get it,” is old, hackneyed advice… - [SDCCU Offers Free Educational Resources for America Saves Week](https://thecreditunionconnection.com/sdccu-offers-free-educational-resources-for-america-saves-week/): SDCCU presents a series of webinars focused on saving as part of SDCCU’s Financial Wellness Wednesdays San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is committed to promoting the importance of building a strong savings to maintain financial security and overall wellness through its support of America Saves Week, taking place April 8 to 12, 2024. This year’s theme is “Saving for What Matters Most.” On Wednesday, April 10, SDCCU will present three free educational webinars focused on saving at various stages of life as part of Financial Wellness Wednesdays. The first webinar at […] - [University Credit Union Announces NIL Deal with Top California Baptist University Women\'s Basketball Player, Chloe Webb](https://thecreditunionconnection.com/university-credit-union-announces-nil-deal-with-top-california-baptist-university-womens-basketball-player-chloe-webb/): The Deal Is the First-Ever NIL Agreement in the Western Athletic Conference\’s History University Credit Union (UCU) is thrilled to announce its first name, image, and likeness (NIL) deal with Chloe Webb from California Baptist University (CBU) who has demonstrated outstanding athleticism and helped secure her teams\’ invitation to the NCAA tournament by winning the Western Athletic Conference (WAC) title in women\’s basketball. The deal is the first-ever NIL agreement secured during the WAC tournament and is UCU\’s first NIL agreement with a student-athlete. Chloe Webb, a senior from CBU, received the Most Outstanding Player award during the WAC women\’s basketball […] - [Corporate Central Announces Strategic Investment in Curql Fund II](https://thecreditunionconnection.com/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. This important investment marks a significant milestone for Corporate Central, reflecting its commitment to stay at the forefront of financial industry innovation and technology. The partnership with Curql aligns with the credit union\’s mission to provide its members with the best financial products and services while championing impactful and forward-thinking initiatives. Corporate Central firmly believes that its […] - [Credit Union Leaders Gary Parker, Deborah Conder Honored at Cornerstone’s IMPACT Conference](https://thecreditunionconnection.com/credit-union-leaders-gary-parker-deborah-conder-honored-at-cornerstones-impact-conference/): Cornerstone celebrates two visionary leaders, Gary D. Parker and Deborah Conder, as recipients of prestigious awards for their exceptional contributions, support of, and dedication to advancing the credit union movement. Parker and Conder were honored during Cornerstone’s IMPACT 2024: Annual Meeting Conference on April 4 in Kansas City, Mo., along with other organization and individual award winners. Parker was inducted into Cornerstone’s Hall of Fame, a lifetime achievement recognition created to honor those in the credit union movement who reflect a history of service to credit unions. Conder was recognized as Cornerstone’s Volunteer of the Year for her support and […] - [CFPB Finds Violations of Credit Report Accuracy Requirements, Including for Survivors of Human Trafficking](https://thecreditunionconnection.com/cfpb-finds-violations-of-credit-report-accuracy-requirements-including-for-survivors-of-human-trafficking/): Examiners also found furnishers failed to correct false information and reported fraudulent information The Consumer Financial Protection Bureau (CFPB) today published an edition of Supervisory Highlights to share key findings from recent examinations about continuing accuracy problems in the credit reporting system. The CFPB found consumer reporting companies failed to ensure the accuracy of credit reports, including by failing to exclude information resulting from alleged identity theft or human trafficking. The CFPB also found furnishers – companies that provide information to consumer reporting companies – failed to correct false or fraudulent information sent to consumer reporting companies. “Survivors of human trafficking […] - [Day Air Credit Union Receives 2023 Economic Vehicle Accessibility Award](https://thecreditunionconnection.com/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. \”We commend the exemplary efforts of credit unions and banks in making loans available to traditionally underserved clients,\” said Kevin Filan, Senior Vice President of Marketing at Open Lending. \”It\’s common for responsible loan applicants with lower credit scores to be neglected. They require financial […] - [PenAir Credit Union Named Diamond Awards Winner](https://thecreditunionconnection.com/penair-credit-union-named-diamond-awards-winner/): PenAir recognized as a Diamond Winner and Category’s Best Diamond Winner among record submissions in the annual marketing competition PenAir Credit Union (PenAir) was among 168 credit unions nationwide named as winners of the prestigious Diamond Awards – the Marketing & Business Development Council’s annual marketing excellence competition. PenAir received the following recognition: Point of Sale Display & Retail Merchandising – Diamond Winner Video Non-Commercial (Single) – Category’s Best and Diamond Winner “We’re very proud of the work we do at PenAir helping to improve the financial  well-being of our members and giving back to the communities we serve,” shares Lee […] - [Meier Talks Lawsuits and Regulations Credit Unions Must Watch!](https://thecreditunionconnection.com/henry-c-meier-discusses-lawsuits-and-regulations-credit-unions-should-keep-an-eye-on/): Every year it seems we’re saying there are more regulations and compliance expenses than ever. Legislation gets rammed through or log-jammed in Washington. Lawsuits galore! 2024 is no different. Sarah Snell Cooke sat down with Henry C. Meier, Esq., a veteran credit union attorney, to discuss the hot issues and top court cases that credit unions most need to keep an eye on. He also discussed the increasing reliance on technology and its impact on regulations credit unions may see put in place and much more. Give it a watch! Or, read the full transcript: Disclosure: Transcript is automatically generated […] - [FedFinancial Strives to Help Homebuyers with New App](https://thecreditunionconnection.com/ps9tpnbdrt5a7yd8z6sg5mwstcj9kn/): The housing market continues to be tricky to navigate for many homebuyers. Many people are shopping, but there are still not enough houses to go around. At the same time perspective homebuyers are having to deal with inventory issues, many are having to deal with getting the financing they need. First-time homebuyers especially are having a hard time entering the market and finding the tools they need to succeed. Sarah Snell Cooke had a chance to talk to FedFinancial Credit Union CEO Jon Rhodes and Mortgage Markets CUSO CEO Mike Ferraro to discuss the new MCUSO Home Journey app and […] - [Worth AI and Equifax Enter Strategic Relationship to Help Improve Underwriting and Risk Management for Small Businesses](https://thecreditunionconnection.com/worth-ai-and-equifax-enter-strategic-relationship-to-help-improve-underwriting-and-risk-management-for-small-businesses/): AI-powered risk management, coupled with access to unique data, accelerates processing time and increases business credit approval rates Worth AI, a newly launched, AI-powered risk management platform, led by unicorn founders Sal Rehmetullah and Suneera Madhani, today announced a strategic relationship with Equifax to provide underwriting solutions that help small businesses secure the capital, and financial services they need. As part of the agreement, Worth AI will augment its expansive data capabilities with access to differentiated data from Equifax, including business firmographics, business credit attributes and business principal information on millions of U.S. businesses. Additionally, Worth AI will utilize Equifax […] - [CDFI Fund Title VI Compliance Worksheet Webinar #2](https://thecreditunionconnection.com/cdfi-fund-title-vi-compliance-worksheet-webinar-2/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and Office of Civil Rights and Equal Employment Opportunity (OCRE) will conduct another live webinar to assist organizations in understanding the requirements of the CDFI Fund’s Title VI Compliance Worksheet. This webinar will be held to discuss the elements of the Worksheet, including Civil Rights Complaints, Notice of Rights, Language Assistance Plan, Sub-Recipient Communication and Board Composition. There will also be time at the end of the webinar for participants to ask questions. Webinar Details: Viewing this webinar requires the use of Zoom. To download the Zoom […] - [Reliant Credit Union Donates $5,000 to Inclusion in Motion](https://thecreditunionconnection.com/reliant-credit-union-donates-5000-to-inclusion-in-motion/): Reliant Credit Union recently donated $5,000 to Inclusion in Motion to support the ongoing upkeep of its Motion Junction Inclusive Playground. Reliant’s contribution reflects the credit union’s commitment to making a positive impact in the areas it serves. The check presentation took place on Thursday, April 4, at Motion Junction in Canandaigua. Motion Junction Inclusive Playground provides an engaging, sensory-rich environment that facilitates parallel play for children of all abilities in the community. “We are privileged to extend our support to Inclusion in Motion and their Motion Junction Inclusive Playground. Our donation reflects our commitment to creating inclusive spaces where […] - [Delta Community Awards $25,000 to Five College-Bound Students](https://thecreditunionconnection.com/delta-community-awards-25000-to-five-college-bound-students/): 2024 Scholarship Recipients Receive $5,000 Each Delta Community Credit Union is proud to announce its 2024 Scholarship Award recipients who were selected based on their academic achievement, community involvement and essay submission. As Georgia\’s largest credit union with more than $8.5 billion in assets, Delta Community is proud to provide financial support to well-deserving students for the 19th consecutive year. The following five students will each receive a $5,000 award to assist with college-related expenses: Jalen Johnson, a senior in the Westlake High School Magnet Program in Atlanta, who plans to attend Georgia State University to major in chemistry and […] - [CFPB Finds Americans are Paying Upfront Fees Seeking to Lower Interest Rates on Mortgages](https://thecreditunionconnection.com/cfpb-finds-americans-are-paying-upfront-fees-seeking-to-lower-interest-rates-on-mortgages/): “Discount points” have uncertain value for borrowers The Consumer Financial Protection Bureau (CFPB) issued a new report today finding that more borrowers paid “discount points” upfront as overall interest rates rose. The percentage of homebuyers paying discount points roughly doubled from 2021 to 2023. The increase was even greater among borrowers with lower credit scores. While discount points may provide advantages to some borrowers, the financial tradeoffs are complex. The CFPB is monitoring these increases and potential risks to consumers. “Higher interest rates on mortgages have led borrowers to pay upfront fees to lower their interest payments,” said CFPB Director […] - [St. Elizabeth Credit Union Merges With First Commonwealth Federal Credit Union](https://thecreditunionconnection.com/st-elizabeth-credit-union-merges-with-first-commonwealth-federal-credit-union/): St. Elizabeth Credit Union has announced the approval of its merger with First Commonwealth Federal Credit Union, marking a significant milestone in the credit union landscape. The combined entity will operate under the banner of First Commonwealth Federal Credit Union. This merger represents a meeting of like-minded missions and a shared pledge to improve members\’ financial well-being. The now unified credit union will continue to elevate member experiences while upholding the highest security and service excellence standards. This merger underscores a dedicated effort to empower employees, serve members, and enrich the communities they serve. \”We extend our sincerest gratitude to […] - [MSUFCU Launches Women of Sparta](https://thecreditunionconnection.com/msufcu-launches-women-of-sparta/): Expanding NIL Initiatives and Leadership Development for MSU Women\’s Athletics On Thursday, April 4, MSU Federal Credit Union (MSUFCU) proudly revealed its latest initiative, Women of Sparta, at a special event held at the MSUFCU Club Suites at Spartan Stadium. The program is a dynamic leadership initiative crafted to elevate Michigan State University\’s women\’s sports and its student-athletes. Women of Sparta, presented by MSUFCU, not only provides a comprehensive platform for personal growth, financial literacy, and community engagement but also expands the Credit Union\’s Name, Image, and Likeness (NIL) opportunities with MSU women\’s sports student-athletes. \”This partnership between MSUFCU and […] - [Indiana Members Credit Union Named One Of The 2024 Best Places To Work In Indiana](https://thecreditunionconnection.com/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 19th edition for the Indiana Chamber of Commerce initiative. The statewide survey and awards program is designed to evaluate participating organizations and honor those with the highest levels of employee satisfaction and engagement in the workplace. “The honored companies offer a blueprint for employee attraction and retention, and we are excited to celebrate their success. We hope the values and strategies on display in their workplaces can serve as models for other Indiana employers as we work together to address […] - [evolve FCU | Social Purpose community outreach event Spring Break at the Movies 2024](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-spring-break-at-the-movies-2024/): evolve FCU hosted its annual Spring break at the movies event throughout the month of March. For the past three years evolve has hosted private movie screenings for some of the local children’s organizations. This year was no exception as evolve was able to host seven private screenings at Cinemark throughout the month of March. Each screening included up to 50 movie tickets with a Refreshment drink, popcorn and a candy of choice for each person. The film that was shown for the screenings Kung Fu Panda 4. The first Spring Break at the movies screening kicked off with two […] - [Priority Plus Federal Credit Union Selects Cinnamon Elliott As President/CEO](https://thecreditunionconnection.com/priority-plus-federal-credit-union-selectscinnamon-elliott-as-presidentceo/): The Board of Directors of Priority PlusFederal Credit Union is pleased to announce the selection of… - [Bay Federal Credit Union Celebrates 2023 Employee Award Winners](https://thecreditunionconnection.com/bay-federal-credit-union-celebrates-2023-employee-award-winners/): Trisha Bennett and Rachael Campos Receive Top Honors. Bay Federal Credit Union recently recognized their top performing employees of 2023 and presented their coveted Service Excellence Award. The 2023 Service Excellence Award, Bay Federal’s most prestigious award for employees, was awarded to two exceptional individuals this year, Trisha Bennett, Assistant Vice President Enterprise Applications and PMO, and Rachael Campos, Member Service Center Assistant Manager. Ms. Bennett is known for her positive, proactive, and collaborative attitude. She actively seeks solutions to work through challenges, keeps our member’s experience in mind, facilitates a fun and engaging environment, and creates new ways to […] - [Georgia United Credit Union Announces New Chief Strategy Officer Adam Marlowe](https://thecreditunionconnection.com/georgia-united-credit-union-announces-new-chief-strategy-officer-adam-marlowe/): As the organization’s new Chief Strategy Officer, Adam Marlowe is the next architect of Georgia United Credit Union’s member experience and the newest addition to its executive leadership team. In this role Marlowe is responsible for driving Georgia United’s strategy, product development, marketing and member advocacy. He reports to President Laura King. \”With Adam’s strategic leadership, we’re prepared to innovate, grow, and better serve our community,\” said King. \”In this critical role, he will drive corporate vision and strategy by overseeing strategic planning and analyzing the industry and market conditions.\” Most recently Marlowe served as Chief Operating Officer for Powerco […] - [LSCU Honors Alabama House Speaker Nathaniel Ledbetter as 2023 Lawmaker of the Year](https://thecreditunionconnection.com/lscu-honors-alabama-house-speaker-nathaniel-ledbetternbsp-as-2023-lawmaker-of-the-year/): The League of Southeastern Credit Unions (LSCU) is excited to announce that House Speaker Nathaniel Ledbetter (R-Rainsville) has been named the 2023 State Lawmaker of the Year in Alabama. He was formally honored this week at the Alabama Advocacy Conference in Montgomery. “I am aligned with the vision for Alabama\’s growth and the crucial contribution our communities play in shaping a successful future,” stated Speaker Nathaniel Ledbetter. “I am honored to be named the 2023 State Lawmaker of the Year in Alabama and appreciate credit unions who continue to make a positive financial impact to our state.” The Alabama Advocacy […] - [PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth](https://thecreditunionconnection.com/powerpay-completes-1189-million-asset-backed-securitization-to-further-growth/): Inaugural deal ignites new opportunities for leading fintech company. PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by home improvement and elective medical loans, and a 144A transaction rated by KBRA. This is PowerPay\’s first securitization (PWRP 2024-1). The Company partnered with CapitalOne Securities and Chartway Federal Credit Union, Virginia Beach, VA to achieve this milestone. \”The transaction provides the Company a securitization program that will allow us to obtain access to capital markets while providing a diversified funding source to fuel continued growth […] - [Navy Federal Credit Union Again Named as a Fortune 100 Best Companies to Work For® in 2024](https://thecreditunionconnection.com/navy-federal-credit-union-again-named-as-a-fortune-100-best-companies-to-work-for-in-2024/): Navy Federal Credit Union has been recognized as one of the Fortune 100 Best Companies to Work For® by Great Place To Work® and Fortune magazine in 2024. This marks the credit union’s 13th consecutive – and 14th overall – appearance on the list. Navy Federal is the only credit union featured on Fortune’s annual rankings. “While our members are the mission, Navy Federal Credit Union’s team members are our heartbeat and the key to our success,” said President and CEO Dietrich Kuhlmann. “It is a tremendous honor for Navy Federal to again be recognized as a Fortune 100 Best […] - [Kaua\'i Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/kauai-federal-credit-union-selects-upstart-for-personal-lending/): Kaua\’i Federal Credit Union (Kaua\’i FCU), a leading credit union invested in Kaua\’i and Kauai\’s first Community Development Financial Institution, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. “Kaua\’i Federal Credit Union is dedicated to improving the financial wellness of our members and building a stronger financial future for our people,” said Sean Kaley, Executive Vice President and Chief Operations Officer at Kaua’i Federal Credit Union. \”Through our partnership with Upstart, we are able to provide an all-digital, personal lending experience that meets […] - [OMNI CCU Celebrates 15th Win as one of Western Michigan’s Best and Brightest Companies to Work For®](https://thecreditunionconnection.com/omni-ccu-celebrates-15th-win-as-one-of-western-michigans-best-and-brightest-companies-to-work-for/): OMNI Community Credit Union is thrilled to announce its 15th recognition as one of Western Michigan’s Best and Brightest Companies to Work For®. This esteemed honor reaffirms OMNI’s unwavering commitment to fostering an exceptional workplace environment characterized by employee engagement, growth opportunities, and a culture of inclusivity. The Best and Brightest Companies to Work For® award is a testament to OMNI’s dedication to its employees’ well-being and professional development. Selected by an independent research firm, winning companies like OMNI exemplify excellence in various areas, including communication, community involvement, employee education, work-life balance, and overall organizational performance. Mark Cramer, CEO of […] - [Inclusiv Selected for a $1.87 Billion Grant through EPA’s Greenhouse Gas Reduction Fund](https://thecreditunionconnection.com/inclusiv-selected-for-a-187-billion-grant-through-epas-greenhouse-gas-reduction-fund/): Greenhouse Gas Reduction Fund will unlock clean energy investment for low-income communities across America Inclusiv is thrilled to be selected by the Environmental Protection Agency (EPA) for $1.87 billion in funding through the Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA). The grant will be transformational, enabling community development credit unions to deliver energy efficiency, electrification, and solar access to consumers, homeowners and small businesses to reduce carbon emissions and generate clean energy in their homes, transportation and businesses. “President Biden and Vice President Harris have put communities at the center of their Investing in America agenda. Today, […] - [CFPB Report Identifies Financial and Privacy Risks to Consumers in Video Gaming Marketplaces](https://thecreditunionconnection.com/cfpb-report-identifies-financial-and-privacy-risks-to-consumers-in-video-gaming-marketplaces/): Growth in banking options and payments in gaming leaves consumers’ assets and personal data at risk Today, the Consumer Financial Protection Bureau (CFPB) issued a report examining the growth of financial transactions in online video games and virtual worlds. These platforms increasingly resemble traditional banking and payment systems that facilitate the storage and exchange of billions of dollars in assets, including virtual currencies. However, consumers report being harmed by scams or theft on gaming platforms and not receiving the protections they would expect under federal law. The CFPB will be monitoring markets where financial products and services are offered, including […] - [PSCU/Co-op Solutions Announces Next Generation of Linked Analysis Fraud Prevention and Detection Capabilities](https://thecreditunionconnection.com/pscuco-op-solutions-announces-next-generation-of-linked-analysis-fraud-prevention-and-detection-capabilities/): PSCU/Co-op Solutions has kicked off a multi-year initiative to further evolve its industry-leading Linked Analysis platform, including adding cloud migration and enhanced artificial intelligence (AI) capabilities. The next generation of Linked Analysis will ultimately create an omni-channel fraud prevention experience for credit unions and their members. The fraud landscape continues to evolve rapidly and now includes data mining, AI and robotics. Adoption of advanced technology and automation has rapidly accelerated in recent years as organizations work diligently to protect against increasingly sophisticated fraudsters. In executing its ongoing strategy to deliver secure, omni-channel fraud prevention powered by data and service, PSCU/Co-op-Solutions […] - [Alkami Discusses Mobile Banking Research and How Credit Unions Can Achieve Digital Maturity](https://thecreditunionconnection.com/alkami-discusses-mobile-banking-research-and-how-credit-unions-can-achieve-digital-maturity/): Mobile banking has quickly increased in usage in recent years, and the use of digital banking is only going to increase moving forward. For credit unions, this means that they will need to work to reach digital maturity in order to better serve their members digitally, but what does it really mean to be digitally mature? Our Co-Founder Sarah Snell Cooke sat down with Alkami Chief Marketing Officer Allison Cerra and Senior Statistician Joel Middleton to discuss Alkami’s research into digital and mobile banking and how they are helping credit unions achieve digital maturity. Watch the video! Or, read the […] - [NCUA, Census Bureau, to Co-Host April 25 Webinar on No-Cost Data Tools](https://thecreditunionconnection.com/ncua-census-bureau-to-co-host-april-25-webinar-on-no-cost-data-tools/): Credit unions can learn about census-based data tools available at no cost on an April 25 webinar co-hosted by the National Credit Union Administration and the U.S. Census Bureau. Online registration for this webinar, “Free Data Tools and Resources Available to Credit Unions,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Adam Grundy, supervisory statistician with the U.S. Census Bureau, will review two useful tools and demonstrate their use: The Census Business Builder, a suite of services providing demographic and economic data. My Community Explorer, which offers a […] - [Sandia Laboratory Federal Credit Union Supporting Educational Aspirations In 30th Annual Scholarship Competition](https://thecreditunionconnection.com/sandia-laboratory-federal-credit-union-supporting-educational-aspirations-in-30th-annual-scholarship-competition/): Call For Entries Open. Top Prize: $4,000. Competition Ends May 31, 2024. Sandia Laboratory Federal Credit Union’s (SLFCU) 2024 Scholarship Competition is open from April 1 to May 31, 2024, for students enrolled full-time in a bachelor’s or master’s degree program. This year’s top award is $4,000, with a total of $12,000 given across nine awards. 2024 marks the 30th year the Credit Union has offered scholarships to its members. “SLFCU is thrilled to launch its annual scholarship competition to support the educational goals of our college-bound members. The ideas in this year’s winning essays will undoubtedly spark meaningful change […] - [CUSG Announces First Place Honors for 2024 MemberXP™ \'Best of the Best\' Awards](https://thecreditunionconnection.com/cusg-announces-first-place-honors-for-2024-memberxp-best-of-the-best-awards/): Recognizing member-centric excellence within the industry, the 8th annual awards honor credit unions consistently delivering the most exceptional experiences. CU Solutions Group (CUSG) is proud to announce the complete list of first-place winners of the 2024 MemberXP \’Best of the Best\’ Awards. These prestigious awards recognize credit unions that consistently delivered exceptional member experiences last year and demonstrated outstanding member-centric leadership within the industry.The 2024 MemberXP \’Best of the Best\’ Awards highlight ten credit unions across nine states that have excelled in providing extraordinary member experiences. These awards focus on 13 areas of member experience, ranging from every day in-person […] - [Prepared Remarks of CFPB Director Rohit Chopra at the White House on Data Protection and National Security](https://thecreditunionconnection.com/prepared-remarks-of-cfpb-director-rohit-chopra-at-the-white-house-on-data-protection-and-national-security/): Thank you to the White House Office of Science and Technology Policy for bringing together data protection enforcement authorities from all over the United States and from across the globe for joining us today. The Consumer Financial Protection Bureau is the primary regulator charged with enforcing and updating rules under the Fair Credit Reporting Act, one of the only cross-sectoral data protection laws in the United States. This law protects the public when it comes to third party aggregations of personal data. While our work has long focused on protecting consumers from the serious harms stemming from inaccurate background reports […] - [American Eagle Financial Credit Union Organizes Financial Reality Fair](https://thecreditunionconnection.com/american-eagle-financial-credit-union-organizes-financial-reality-fair/): Over 700 high school students from Greater Hartford got a crash course in financial literacy American Eagle Financial Credit Union hosted over 700 students at Rentschler Field for the Financial Reality Fair. The fair was designed to give students an immersive experience in financial education. American Eagle partnered with the Credit Union League of Connecticut to host the event. This “Bite of Reality” simulation program introduces middle and high school students to the basics of real-world financial realities and puts them on a path to financial freedom. The program directs students to choose a profession and make financial decisions they […] - [Excess Share Insurance Selected To Provide Deposit Insurance For Military Banking Facilities Overseas](https://thecreditunionconnection.com/excess-share-insurance-selected-to-provide-deposit-insurance-for-military-banking-facilities-overseas/): Excess Share Insurance (ESI), a wholly owned subsidiary of American Share Insurance (ASI), announced today that the company will provide private deposit insurance for Military Banking Facilities (MBF) overseas, known as \”Community Bank.\” These MBFs are a part of the Department of Defense (DoD) Overseas Military Banking Program. MBFs have been serving military personnel for decades and their availability guarantees that service members and their families deployed overseas have ready access to financial products and services, regardless of where they are stationed. With 60 branches and 272 ATMs on bases throughout Europe and the Pacific, MBFs play a crucial role […] - [Credit Unions Advance Legislative Priorities at the Alabama Advocacy Conference](https://thecreditunionconnection.com/credit-unions-advance-legislative-prioritiesat-the-alabama-advocacy-conference/): Credit unions from across the state of Alabama gathered in Montgomery this week for the League of Southeastern Credit Unions’ (LSCU) annual Alabama Advocacy Conference. This year’s event saw 92 attendees gathering together to ensure a successful end of session. Presenters included Governor Kay Ivey, Lieutenant Governor Will Ainsworth, Alabama Securities Commission, Amanda Senn, and key legislative leaders. LSCU’s advocacy team also presented on many topics, equipping attendees with insight and strategies to advocate in the state house and their home districts. “At the 2024 Alabama Advocacy Conference, we have amplified our voices and paved the way for credit union-friendly […] - [NCUA Opening 2024 CDRLF Grant Round May 1](https://thecreditunionconnection.com/ncua-opening-2024-cdrlf-grant-round-may-1/): More than $3.4 Million Available; Credit Unions Should Review Eligibility Low-income-designated credit unions can apply for 2024 Community Development Revolving Loan Fund grants between May 1 and July 1. “These grants give eligible credit unions the resources needed to support the financial needs of their members and communities,” NCUA Chairman Todd M. Harper said. “They create new, safe, fair, and affordable financial products and services and expand existing services. They bolster cybersecurity, build capacity, and train new leaders. There are nearly 2,500 low-income credit unions across the country, so there is a lot of potential for putting these grants to […] - [PAHO/WHO Federal Credit Union Wins Diamond Award and Category’s Best](https://thecreditunionconnection.com/pahowho-federal-credit-union-wins-diamond-award-and-categorys-best/): PAHO/WHO Federal Credit Union (PAHO/WHO FCU) has won the Diamond Award and Category’s Best designation in the Logos category for Bienestar Financial Advisors, its new investment advisory and financial planning service through LPL Financial, LLC. The Marketing and Business Development Council Diamond Awards recognize outstanding marketing and business development achievements in the credit union industry. Winners of the Category’s Best achieved the highest score within a credit union’s asset level grouping. This marks the first time PAHO/WHO FCU has been recognized as Category’s Best. “We expanded into investment advisory and financial planning services with Bienestar Financial Advisors to further our […] - [Reliant Credit Union Recipient of Four 2024 Best of the Best Awards](https://thecreditunionconnection.com/reliant-credit-union-recipient-of-four2024-best-of-the-best-awards/): Reliant Credit Union is pleased to announce that they have been awarded Best Loan Experience, Best Transaction Experience, Best Online Banking Experience and Best Mobile App Experience by MemberXP, a member experience solution from CU Solutions Group. Annually, the Best of the Best awards are given to credit unions that consistently provide extraordinary service, as reported by their own members. Only the highest-performing credit unions using the MemberXP program receive the incredible honor. \”At Reliant, we are committed to delivering exceptional service to our members. I am proud of our dedicated Reliant team, who consistently go above and beyond to […] - [Addition Financial Credit Union Named to Newsweek’s America’s Best Credit Unions 2024](https://thecreditunionconnection.com/addition-financial-credit-union-named-to-newsweeks-americas-best-credit-unions-2024/): This award recognizes Addition Financial’s impact to delivering financial stability, personalized service, lower fees, and competitive interest rates to members. Addition Financial Credit Union announced today that it is recognized as one of America’s Best Credit Unions for 2024 by Newsweek and Plant-A Insights Group. The wide-ranging evaluation is the result of independent customer surveys of more than 35,000 individuals. The survey collected more than 140,000 reviews of regional banks and credit unions across all states, while excluding all nationwide operating banks and credit unions. “Regional banks and credit unions play a pivotal role in meeting the needs of communities […] - [Municipal Credit Union Announced Promotion of Toni-Ann Sforza to the Position of Chief Operating Officer](https://thecreditunionconnection.com/municipal-credit-union-announced-promotion-of-toni-ann-sforza-to-the-position-of-chief-operating-officer/): Today, Municipal Credit Union (MCU) announced the recent promotion of Toni-Ann Sforza, sHRBP, SHRM-CP, to the position of Chief Operating Officer. In this newly-created role, Sforza will have responsibility for Payments (Card Services, EFT Operations, Electronic Services), People & Administration (Facilities & Physical Security, Human Resources, Learning & Development), and Delivery Channels (ATM Fleet, Branch Delivery, Contact Center, Digital Delivery, Member Support Operation). “Since joining MCU, Toni-Ann has risen to every challenge making one positive impact after another along the way,” stated Kyle Markland, MCU’s president & CEO. “Only a few months after joining MCU, she volunteered to temporarily lead the credit union’s lending operations due to a vacancy, and did so again last year due to another vacancy. Time […] - [Federman & Sherwood Investigates Bayer Heritage Federal Credit Union for Data Breach](https://thecreditunionconnection.com/federman-amp-sherwood-investigates-bayer-heritage-federal-credit-union-for-data-breach/): The law firm of Federman & Sherwood has initiated an investigation into Bayer Heritage Federal Credit… - [TDECU Signs Definitive Agreement to Acquire Sabine State Bank and Trust to Increase Commercial Banking Opportunities in Texas and Louisiana](https://thecreditunionconnection.com/tdecu-signs-definitive-agreement-to-acquire-sabine-state-bank-and-trust-to-increase-commercial-banking-opportunities-in-texas-and-louisiana/): The not-for-profit credit union creates greater access for all Members, including small businesses that specialize in oil and gas, energy and agriculture. TDECU, Houston’s largest not-for-profit credit union, has signed a definitive agreement to acquire Sabine State Bank and Trust (Sabine), a commercial bank headquartered in Many, LA with more than $1.2 billion in assets. TDECU’s planned acquisition of Sabine is a noteworthy move for a credit union. The agreement will create greater access to commercial lending products for all communities, especially commercial business owners in oil and gas, agriculture, and energy. At closing, this is expected to be one […] - [Banking Beyond Gen Z: Navigating the Financial Landscape with Gen Alpha](https://thecreditunionconnection.com/banking-beyond-gen-z-navigating-the-financial-landscape-with-gen-alpha/): Matt Wolf, SVP for Business Development, Greenlight As Gen Z transitions into adulthood, the banking sector is witnessing a significant shift in consumer behavior and preferences. At the same time, a new cohort is emerging on the financial scene: Generation Alpha. Born into a fully digital age and raised amidst economic uncertainties, this newest generation is poised to redefine the banking landscape once again. With devices practically attached to their hands from birth, they\’re digital natives in every sense of the term. For them, banking isn\’t just about physical branches or traditional services; it\’s about seamless and convenient digital experiences, […] - [Alloya Corporate Federal Credit Union Joins Prizeout Partners CUSO to Advise on Technology Innovation and Give Member Credit Unions Access to CashBack+](https://thecreditunionconnection.com/alloya-corporate-federal-credit-union-joins-prizeout-partners-cuso-to-advise-on-technology-innovation-and-give-member-credit-unions-access-to-cashback/): Alongside a growing number of leading credit unions and credit union organizations, Alloya will now offer access to CashBack+ for their 37M members and enable credit unions increase their bottom line Advertising and financial technology company Prizeout has announced the newest addition to the Prizeout Partners CUSO, Alloya Corporate Federal Credit Union. Alloya provides financial services to nearly 30% of all credit unions and credit union entities in the US, including comprehensive products and services that help them stay competitive. Through Alloya\’s partnership with the CUSO, credit unions within Alloya\’s network will now have the ability to access Prizeout\’s new […] - [LGE Community Credit Union announces long-term partnership with Cobb County Safety Village Foundation](https://thecreditunionconnection.com/lge-community-credit-union-announces-long-term-partnership-with-cobb-county-safety-village-foundation/): LGE Community Credit Union has partnered with the Cobb County Safety Village Foundation, supporting and promoting safety education for Cobb County citizens. Through this long-term partnership, LGE becomes a major sponsor of the Cobb County Safety Village, a unique educational facility designed to teach Cobb County residents critical safety skills in a fun and interactive environment. \”At LGE, we are committed to giving back to the communities we serve,\” said Chris Leggett, president and CEO of LGE Community Credit Union. \”We believe that safety education is essential for everyone, and we are proud to partner with the Cobb County Safety […] - [Addition Financial Credit Union Expanding High School Branch Program to Osceola High School](https://thecreditunionconnection.com/addition-financial-credit-union-expanding-high-school-branch-program-to-osceola-high-school/): Student-Run Credit Union Branches Are Designed to Develop Strong Financial Management Skills Addition Financial Credit Union and the School District of Osceola County announced an expansion of their High School Branch Program partnership, with plans to open a student-run Addition Financial branch at Osceola High School. Addition Financial’s High School Branch Program is designed to introduce young people to financial literacy and money management skills. The credit union will provide full training to Osceola High School students who are accepted into the program and will prepare them to fully staff and run the credit union branch, to be located on […] - [Affinity Credit Union Selects Mahalo Banking After Comprehensive Vendor Evaluation](https://thecreditunionconnection.com/affinity-credit-union-selects-mahalo-banking-after-comprehensive-vendor-evaluation/): Credit union leveraging banking platform to optimize the digital experience, attract new members Mahalo Banking, a premier online and mobile banking solution provider specifically designed for credit unions, has partnered with Des Moines, Iowa-based Affinity Credit Union (‘Affinity CU’ – $147M in assets). Collaborating with Mahalo enables Affinity CU to deliver new digital banking tools and services that elevate its members’ experience while gaining a competitive market edge. After assessing various digital banking partners, Mahalo’s ability to deliver an exceptional member experience, enhanced functionality and user-friendly platform features made the provider an ideal partner for Affinity CU. The credit union […] - [Digital Lending Platform Market Expected to Surpass $20.31 Billion, Showing Exponential 16.7% CAGR Through 2027](https://thecreditunionconnection.com/digital-lending-platform-market-expected-to-surpass-2031-billion-showing-exponential-167-cagr-through-2027/): The digital lending platform help banks to offer different financial services such as faster loan processing, high-quality services, and cost-efficient financial services to various customers across the globe. In addition, the use of digital lending platform helps financial service provide to improve their market share and to compete in a rapidly changing environment. According to the report published by Allied Market Research, the global digital lending platform marketgarnered $5.58 billion in 2019, and is expected to generate $20.31 billion by 2027, manifesting a CAGR of 16.7% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, […] - [League of Southeastern Credit Unions & Affiliates Announce Elevated Roles for Executive Leaders Samantha Beeler and Steve Willis](https://thecreditunionconnection.com/league-of-southeastern-credit-unions-amp-affiliates-announce-elevated-roles-for-executive-leaders-samantha-beeler-and-steve-willis/): The Board of Directors for the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) today announces elevated executive leadership roles for LSCU & Affiliates President Samantha Beeler and Affiliated Consolidated Services and LEVERAGE President Steve Willis. CEO Patrick La Pine will depart the organization, effective April 30. In a dual-executive leadership role, Beeler and Willis will now directly report to the Board of Directors – enabling greater collaboration and innovation as the League and Affiliated Consolidated Services and LEVERAGE continue building momentum around key initiatives. Beeler maintains oversight of the League’s advocacy, compliance and risk, communications, member engagement, […] - [Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey](https://thecreditunionconnection.com/bank-and-credit-union-ceos-reveal-top-priorities-in-annual-survey/): Jack Henry\’s 2024 Strategy Benchmark offers insights into concerns, opportunities, and technology priorities Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry\’s sixth-annual survey of bank and credit union CEOs. \”With rising deposit costs putting pressure on net interest margins, banks and credit unions have greater urgency to enhance operational efficiency, especially through back-office automation,\” said Lee Wetherington, Senior Director of Jack Henry™ Corporate Strategy. \”Whether your top priority is growing deposits, improving efficiency, or preventing real-time fraud, data strategy is now front and center.\” Jack Henry\’s 2024 Strategy Benchmark showed […] - [Still Time to Register for May 2 Webinar on 2024 CDRLF Grant Round](https://thecreditunionconnection.com/still-time-to-register-for-may-2-webinar-on-2024-cdrlf-grant-round/): Low-income credit unions that want to apply for 2024 Community Development Revolving Loan Fund grants can get valuable information from a National Credit Union Administration webinar on May 2. Online registration for this webinar, “Applying for the CDRLF Grant,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Credit unions are encouraged to review the Notice of Funding Opportunity, which describes the 2024 grant initiatives, and the 2024 CDRLF grant application guidelines. On the webinar, staff from the NCUA’s grants team will discuss the grant application process in detail, […] - [CFPB Finds 15 Million Americans Have Medical Bills on Their Credit Reports](https://thecreditunionconnection.com/cfpb-finds-15-million-americans-have-medical-bills-on-their-credit-reports/): People living in the South continue to be most likely to have medical bills on their reports The Consumer Financial Protection Bureau (CFPB) today released research showing that 15 million Americans still have medical bills on their credit reports despite changes by Equifax, Experian, and TransUnion. The 15 million Americans disproportionately live in the South and low-income communities. Collectively, they have more than $49 billion in outstanding medical bills in collections. This is the CFPB’s second analysis of the changes made by the three national credit reporting companies to reduce the number of medical bills on credit reports. Today’s report […] - [Fixed callable CDs as investments – looking beyond the rate](https://thecreditunionconnection.com/fixed-callable-cds-as-investments-looking-beyond-the-rate/): By David Savoie, President/CEO, LaCorp With most analysts forecasting a decline in interest rates at some point in the near- to medium-term, Fixed Callable CDs can be attractive investment options. But if your credit union hasn’t purchased them in the past, you might not be familiar with the terminology. However, once you understand it, fixed callables (FCs) can be a great investment option.  The basic idea behind fixed callable CDs is that you, as the investor, get paid a higher rate than you would on a non-callable CD of the same term. For example, a 2-year regular bullet maturity CD […] - [Seven New Promotions at ServiceOne, Board Elections, and Tinker Federal Credit Union Announces Board Member Retirement](https://thecreditunionconnection.com/seven-new-promotions-at-serviceone-board-elections-and-tinker-federal-credit-union-announces-board-member-retirement/): New Hires Leila Fong is joining the American Association of Credit Union Leagues (AACUL) in a newly developed position, Manager of Engagement and Events, effective May 6th. Fong is currently a Project Coordinator at the Illinois Credit Union League where she has been supporting Illinois credit unions since 2018. Retirements Tinker Federal Credit Union (TFCU) announced today that board member Gary Wall retired April 6 at the annual shareholders’ meeting after 28 years of service to the credit union. Wall began his tenure with TFCU in 1978, when he was appointed as an alternate member of the credit committee. Over […] - [Eglin Federal Credit Union Participates in United Way Emerald Coast\'s 30th Day of Caring](https://thecreditunionconnection.com/eglin-federal-credit-union-participates-in-united-way-emerald-coasts-30th-day-of-caring/): Eglin Federal Credit Union is proud to once again support the United Way Emerald Coast’s 30th Annual Day of Caring during National Volunteer Week April 21-27. Twelve Eglin Federal Credit Union employees participated by cleaning and landscaping a foster home at Children in Crisis in Fort Walton Beach. Twenty-seven soldiers from the 7th Special Forces Group (Airborne) partnered with the Credit Union to paint the Crestview Manor Assisted Living facility Thursday, April 25. “Eglin Federal Credit Union has a long tradition of supporting our annual Day of Caring and this year was no different!” said United Way Emerald Coast’s President […] - [Maine Credit Union League Welcomes Elise Baldacci as Its New President](https://thecreditunionconnection.com/maine-credit-union-league-welcomes-elise-baldacci-as-its-new-president/): Longtime credit union advocate rejoins trade association in leadership role The Maine Credit Union League is pleased to announce the appointment of Elise Baldacci as its new President, effective June 3. Baldacci, a longtime credit union advocate, is a familiar face to the credit union industry, having worked for both the League and its CUSO, Synergent®, a leading financial technology and services company for credit unions nationwide. She is the first woman to be appointed by the Maine Credit Union League’s Board to permanently serve the organization in this capacity. “After conducting a thorough search for our industry’s next leader, […] - [Westerra Credit Union Partners with Mile High United Way for Annual All-Staff Afternoon of Service](https://thecreditunionconnection.com/westerra-credit-union-partners-with-mile-high-united-way-for-annual-all-staff-afternoon-of-service/): Westerra Credit Union once again hosted an annual all-staff meeting and afternoon of service – dubbed “VolunTerra” – on April 18th. The date was chosen to coincide with National Volunteer Week and is a continuation of the year-around support the award-winning Westerra Cares program provides to the community through corporate giving and employee volunteerism. Last year, during the inaugural VolunTerra, approximately 300 Westerra staff members completed over 550 total kits to support United for Schools students and teachers, Women United Village, and Project Angel Heart.  Building on this success and positive response from staff, Westerra once again partnered with Mile […] - [The Cooperative Credit Union Association Partners with Clutch to Revolutionize Consumer Banking](https://thecreditunionconnection.com/the-cooperative-credit-union-association-partners-with-clutch-to-revolutionize-consumer-banking/): The Cooperative Credit Union Association (CCUA) proudly announces its strategic partnership with Clutch, a leading fintech platform specializing in omni-channel consumer loan and deposit account opening solutions exclusively for credit unions. With Clutch\’s innovative platform, credit unions gain access to cutting-edge technology aimed at enhancing member experiences while streamlining operations. Leveraging its expertise and collaborative approach, Clutch aims to empower credit unions to fulfill their digital aspirations and better serve their members in today\’s rapidly evolving financial landscape. Clutch, a Credit Union Service Organization (CUSO), boasts a robust portfolio of north of 110 clients and has garnered significant investment from […] - [Addition Financial Credit Union and CareerSource Central Florida Announce Youth Programming Partnership](https://thecreditunionconnection.com/addition-financial-credit-union-and-careersource-central-florida-announce-youth-programming-partnership/): Credit Union and Workforce Leader Join Forces on Year-Round Initiatives to Provide Career Exploration, Financial Education to Local Students Hundreds of Central Florida students and individuals preparing to enter the workforce will have expanded and enhanced access to financial education and resources, thanks to a new partnership announced this week by CareerSource Central Florida and Addition Financial Credit Union. Through the partnership agreement, Addition Financial becomes a preferred financial partner of CareerSource Central Florida youth programming initiatives, including their Summer Youth and High School Career Express programs. “CareerSource Central Florida is honored to receive a sponsorship from Addition Financial to […] - [Iowa Credit Union Foundation Awards $46,000 to Scholarship Winners](https://thecreditunionconnection.com/iowa-credit-union-foundation-awards-46000-to-scholarship-winners-2/): Doubles Scholarship Pledge Due to Record-Breaking Number of Applications The Iowa Credit Union Foundation (ICUF), the philanthropic arm of the Iowa Credit Union League (ICUL), doubled its Warren A. Morrow Memorial scholarship pledge to recipients this year due to a record-breaking number of applicants. With the support of Iowa credit unions, ICUF awarded eight more high school scholarships and four more post-high school scholarships than in previous years, totaling a first-ever award amount of $46,000 to 24 students. “With the help of our Iowa credit union partners, Affiliates Management Company (AMC) and its family of companies, ICUF could proudly double […] - [Genisys Credit Union ranked as a Best Performing Credit Union by S&P Global Market Intelligence](https://thecreditunionconnection.com/genisys-credit-union-ranked-as-a-best-performing-credit-union-by-sampp-global-market-intelligence/): Genisys Credit Union has been ranked 24th in Best Performing Credit Unions in the U.S. by S&P Global Market Intelligence. They extend their thank you to their members for trusting Genisys as their financial partner.  “The recognition from S&P Global Market Intelligence attests to the contributions of our team for continued member success in both times of economic prosperity and uncertainty. As such, this accomplishment would not have been realized without the continuous loyalty of our members,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “My deepest gratitude goes to the Genisys team, our members, and the Board […] - [Finastra Reimagines Digital Experiences with Next Gen Mobile Banking](https://thecreditunionconnection.com/finastra-reimagines-digital-experiences-with-next-gen-mobile-banking/): The enhanced banking application empowers community banks and credit unions to remain competitive, offering a seamless user experience across multiple platforms and new features for account holders   Today at Ignite! 2024, Finastra, a global provider of financial software applications and marketplaces, announced the availability of its latest mobile banking software, Next Gen Mobile Banking, a new digital banking experience for community banks and credit unions. The advanced mobile banking application provides a seamless user experience, offering financial institutions customization options and enhanced security features. This comes as community financial institutions strive to maintain and grow market share in a competitive […] - [Alkami Releases Digital Banking Performance Metrics Report in Partnership with Cornerstone Advisors](https://thecreditunionconnection.com/alkami-releases-digital-banking-performance-metrics-report-in-partnership-with-cornerstone-advisors/): Digital channel spending as a percentage of total IT spend up 3%; Chatbot deployment increased by 15% Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today the release of its latest research in partnership with Cornerstone Advisors’ Ron Shevlin, chief research officer. The Digital Banking Performance Metrics report is compiled from self-reported data collected in fiscal year 2023 from a sample of 81 financial institutions, including 39 banks and 42 credit unions with an average asset size of $4.6 billion. With increased industry emphasis on digital offerings and […] - [CFPB Takes Action to Stop Illegal Junk Fees in Mortgage Servicing](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-illegal-junk-fees-in-mortgage-servicing/): Homeowners forced to pay for \”services\” that were prohibited or unauthorized The Consumer Financial Protection Bureau (CFPB) today published an edition of Supervisory Highlights describing the agency’s actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. CFPB examinations found servicers charging illegal junk fees, such as prohibited property inspection fees; sending deceptive notices to homeowners; and violating loss mitigation rules that help struggling borrowers stay in their homes. In response to the CFPB\’s findings, financial institutions refunded junk fees to borrowers and stopped their illegal practices. The mortgage servicing examination work announced today builds on […] - [Eglin Federal Credit Union Opens New Pace Branch](https://thecreditunionconnection.com/eglin-federal-credit-union-opens-new-pace-branch/): Eglin Federal Credit Union held a ribbon cutting ceremony today at its new Pace Branch located at 4413 US-90. This is EFCU’s third location in Santa Rosa County with the Navarre Branch opening nearly 17 years in August 2007. The Gulf Breeze ATM/Video Teller location opened in September 2023. As part of the Credit Union’s growth and expansion efforts, La Macchia Group is the design/build firm for the new Pace Branch. The Freeport Branch is opening soon, and the Operations Center is expected to be completed this summer. The National Credit Union Administration recently approved expanding EFCU’s field of membership […] - [Credit Unions Help Title 1 Students Turn $100 into $1,000,000 with Biz Kid$](https://thecreditunionconnection.com/credit-unions-help-title-1-students-turn-100-into-1000000-with-biz-kid/): Credit unions nationwide are providing up to $50,000 in $100 grants at Title 1 schools to put the lessons in… - [Securityplus Federal Credit Union Announces Strategic Partnerships](https://thecreditunionconnection.com/securityplus-federal-credit-union-announces-strategic-partnerships/): Securityplus Federal Credit Union, a recognized Minority Deposit Institution (MDI), is proud to announce its partnership with Trust & Will and Love My Credit Union Rewards to provide exclusive savings on estate planning alongside a suite of comprehensive protection products, a significant initiative aimed at addressing a critical gap wealth transfer planning and financial protection among minority communities. This strategic partnership is part of Securityplus’s broader effort to empower its members and build a financially healthy community through comprehensive financial planning, financial literacy, and accessibility. “Our mission extends beyond traditional banking services. We aim to educate and equip our members […] - [Everwise Appoints New Executives and VPs](https://thecreditunionconnection.com/everwise-appoints-new-executives-and-vps/): Everwise Credit Union is pleased to announce several recent appointments to the organization’s management team, including two new executives, a Market President for South Bend + Elkhart, and four vice presidents. These additions demonstrate our commitment to assembling an ensemble of transformational leaders driven to build Everwise into the ideal banking partner for aspirational individuals, families, and businesses in the communities we serve. “We are eager to welcome these leaders to the team,” said Jason M. Osterhage, President + CEO of Everwise. “The experience, education, and diversity of this cohort is remarkable. Adding this new talent to our incumbent squad […] - [Gino Cayanan and Ben Maxim Appointed to CU Lift Fund Board](https://thecreditunionconnection.com/gino-cayanan-and-ben-maxim-appointed-to-cu-lift-fund-board/): The appointment significantly strengthens the CUSO’s leadership. CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios by enhancing engagement with existing members, is pleased to announce the appointment of Gino Cayanan and Ben Maxim to its Board of Directors. Cayanan is the President and CEO of $1.2 billion Noble Credit Union, while Maxim is the Chief Innovation Officer at $7.7 billion Michigan State University Federal Credit Union and COO of Reseda Group, a wholly owned CUSO of MSU Federal Credit Union. The two join Kirk Klinkhammer, CU LIFT Fund founder, CEO and board […] - [OMNI Community Credit Union Donates $9,783.75 to Veterans Helping Veterans in Battle Creek](https://thecreditunionconnection.com/omni-community-credit-union-donates-978375-to-veterans-helping-veterans-in-battle-creek/): OMNI Community Credit Union is proud to announce its support for Veterans Helping Veterans in Battle Creek through its Give Back Program. Veterans Helping Veterans will receive a generous donation of $9,783.75 from OMNI to assist local veterans and their families with essential services and support. Veterans Helping Veterans is dedicated to improving the lives of veterans in the Battle Creek area by providing access to resources, advocacy, and camaraderie. The organization offers a range of programs and services designed to address the unique challenges faced by veterans and ensure they receive the assistance they need to thrive. Mark Cramer, […] - [Nuvision Credit Union and Paradise Valley Federal Credit Union Announce Merger Approval](https://thecreditunionconnection.com/nuvision-credit-union-and-paradise-valley-federal-credit-union-announce-merger-approval/): Nuvision Credit Union (Nuvision) and Paradise Valley Federal Credit Union (PVFCU) announced today that their merger has been approved by a majority vote of PVFCU members. With all approvals received, the legal date of the merger for the two organizations is planned for May 1, 2024. The combined credit union will operate under the Nuvision name and charter, with leadership and employees from both credit unions. Nuvision CEO Roger Ballard will be CEO of the continuing credit union; PVFCU CEO Bud Schaffner will remain with the combined credit union, overseeing San Diego operations through system integration. Thereafter, Schaffner will focus […] - [Garden Savings Federal Credit Union Sponsors The Spring Shred Event At Mt. Pleasant Animal Shelter](https://thecreditunionconnection.com/garden-savings-federal-credit-union-sponsors-the-spring-shred-event-at-mt-pleasant-animal-shelter/): Garden Savings Federal Credit Union, a leading financial institution with branches in Parsippany, Newark, South Orange, and Dover, is proud to announce their sponsorship of the Spring Shred Event, a paper shred fundraiser, which will take place at Mt. Pleasant Animal Shelter located in East Hanover, NJ. This event is part of Garden Savings FCU\’s commitment to the community and helping those in need. The event encourages members of the community to come and securely shred any documents that are no longer needed, which would otherwise be sitting at home or thrown away unsecurely in the trash. The proceeds from […] - [Dolphin Debit Now Managing 87 ATMsfor Service Federal Credit Union in Portsmouth, NH](https://thecreditunionconnection.com/dolphin-debit-now-managing-87-atmsfor-service-federal-credit-union-in-portsmouth-nh/): Dolphin Debit Access, the leading ATM/ITM-as-a-Service provider for financial institutions in the U.S. and a wholly owned subsidiary of Euronet (NASDAQ: EEFT), has announced the successful onboarding of Service Federal Credit Union’s fleet of 87 full-service ATMs in the U.S. and Germany. \”We are thrilled to work with Service Federal Credit Union and welcome them to our esteemed portfolio of partners,\” said Tim Fanning, CEO, EFT Americas and Dolphin Debit. \”This partnership reflects our dedication to delivering exceptional concierge service to financial institutions across the U.S.” Euronet’s EFTS platform, powered by Ren, allows for remote fixes and other innovations at the […] - [Callahan & Associates and CU Strategic Planning Combine To Increase Credit Union Impact](https://thecreditunionconnection.com/callahan-amp-associates-and-cu-strategic-planning-combine-to-increase-credit-union-impact/): Callahan & Associates and CU Strategic Planning proudly announce their strategic alliance, driven… - [People\'s Credit Union Supports North Kingstown Food Pantry with $1,000 Donation](https://thecreditunionconnection.com/peoples-credit-union-supports-north-kingstown-food-pantry-with-1000-donation/): People\’s Credit Union has donated $1,000 to the North Kingstown Food Pantry in support of its commitment to creating a community where no one goes hungry. Erin Connor, Head of North Kingstown Market Development for People’s Credit Union, recently presented a check to Kristin Jahne, NKFP Pantry Assistant. “Access to healthy, nutritious food for everyone is something we should all be fighting for,” said Ms. Connor. “We’re proud to help support the many programs that the North Kingstown Food Pantry offers to those in need throughout our community.” To learn more about the North Kingstown Food Pantry, call 401-885-3663 or […] - [PSCU/Co-op Solutions’ Integration with Amazon One Enables Pay-by-Palm for Cardholders](https://thecreditunionconnection.com/pscuco-op-solutions-integration-with-amazon-one-enables-pay-by-palm-for-cardholders/): CUSO adds contactless Amazon One payment system to digital wallet suite PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced the addition of Amazon One to its suite of digital wallet integrations for client card issuers. Employing a contactless, biometric-based identity system (palm signature), Amazon One is available immediately on a pilot basis for credit unions, with general availability planned for late Q2 2024. Amazon One joins Apple Pay, Google Pay, Samsung Pay and Garmin Pay among PSCU/Co-op Solutions’ digital wallet solution set. Amazon One is accepted at an […] - [South Carolina Federal Announces 2024 Scholarship Winners](https://thecreditunionconnection.com/south-carolina-federal-announces-2024-scholarship-winners/): South Carolina Federal Credit Union is proud to announce the winners of its 14th annual scholarship program. The credit union will award $45,000 to nine students attending a traditional or technical college in South Carolina for the fall 2024 semester.  The winners of this year\’s scholarship program: Rachel Joel (University of South Carolina) Jennifer Boone (Wofford College) Macie Thomas (Charleston Southern University) Muskaan Makkar (University of South Carolina) Harmonie Frederick (University of South Carolina) Piper Barth (Clemson University) Phoebe Johnson (Midlands Technical College) Mariapaula Revilla (Trident Technical College) Lauren Breiden (Tri-County Technical College) The applicants were evaluated by three panels […] - [Zero Circle and Epic River Launch Alliance to Accelerate Green Financing](https://thecreditunionconnection.com/zero-circle-and-epic-river-launch-alliance-to-accelerate-green-financing/): SaaS services integrate to reduce complexity and increase access to green capital Alliance increases speed and reduces costs to originate and close loans New solution addresses multi trillion-dollar underserved market Helps companies and communities meet sustainability goals Epic River and Zero Circle today unveiled an alliance to integrate their digital platforms, aiming to accelerate the process of securing green financing. This collaboration brings together Epic River\’s lending-as-a-service platform, which connects financial institutions with unique and local community lending opportunities, and Zero Circle\’s green finance marketplace, designed to streamline access to green capital for mid-tier organizations. Epic River\’s platform, known for […] - [Origence Announces Lending Tech Live Speakers To Include Leaders From Microsoft, Experian, Catalyst, And More](https://thecreditunionconnection.com/origence-announces-lending-tech-live-speakers-to-include-leaders-from-microsoft-experian-catalyst-and-more/): Origence, the leading lending technology solutions provider for credit unions, announces breakout session speakers for its Lending Tech Live ’24 conference will include Microsoft, Experian, Catalyst, Messick Lauer & Smith and NADA leaders during its event held June 25-27, 2024 at the Marriot Marquis in San Diego, California. These industry leaders will include: · Microsoft’s General Manager and Head of Product, Adrian Crockett How to Leverage AI Across Your Entire Credit Union – This session explores how credit unions can leverage AI technology across their operations, and attendees will learn how AI solutions can streamline lending, fraud detection, and risk […] - [SME Lending Toolkit Helps Credit Unions Disburse $41 Million in Loans](https://thecreditunionconnection.com/sme-lending-toolkit-helps-credit-unions-disburse-41-million-in-loans/): WOCCU TIFI Project releases learning brief on successful pilot program A toolkit developed by World Council of Credit Unions’ (WOCCU) Technology and Innovation for Financial Inclusion (TIFI) Project in collaboration with partner credit unions led to the distribution of 1,767 loans worth $41 million to small and medium enterprises (SMEs) in four countries. Those are some of the results from the SME Lending Toolkit pilot program conducted in partnership with five credit union associations, 23 individual credit unions and one credit union service organization in Kenya, Burkina Faso, Senegal and Guatemala. That data and the lessons learned from the pilot […] - [Unitus Community Credit Union Commits to Sustainability Initiative](https://thecreditunionconnection.com/unitus-community-credit-union-commits-to-sustainability-initiative/): Credit union launches sustainability and environmental action plan Unitus Community Credit Union is celebrating Earth Day with the launch of its new Environmental and Sustainability Action Plan. The Board of Directors approved the strategic initiative, which serves as a key component of one of Unitus’ Shared Values: Caring for People and Planet. Development of the Environmental and Sustainability Action Plan began in 2022. The Action Plan consists of five key pillars: Environmentally Responsible Business Practices; Waste Reduction; Energy and Resource Conservation; Member and Community Support; and Crisis Preparedness. Unitus is setting a vision for the future through this initiative with […] - [Travis Credit Union Partners with FHLBank San Francisco for First-Time Homebuyer Matching Grant Program](https://thecreditunionconnection.com/travis-credit-union-partners-with-fhlbank-san-francisco-for-first-time-homebuyer-matching-grant-program/): Provides $13 Million in Down Payment Assistance Travis Credit Union has joined the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) 2024 WISH Program that will matching down payment grants available to help residents in 12 Northern California counties achieve the dream of homeownership. Through the annual grant program, Travis Credit Union will reserve funds to assist eligible low- to moderate-income first-time homebuyers in Alameda, Colusa, Contra Costa, Merced, Napa, Placer, Sacramento, San Joaquin, Solano, Sonoma, Stanislaus, and Yolo counties with up to the annual maximum FHFA subsidy limit, which is $30,806 in 2024 in down payment assistance […] - [Financial Plus Credit Union Partners with Peckham’s GO Program to Empower Communities Through Financial Literacy](https://thecreditunionconnection.com/financial-plus-credit-union-partners-with-peckhams-go-program-to-empower-communities-through-financial-literacy/): Financial Plus Credit Union is proud to announce its partnership with Peckham’s Growth Opportunities (GO) Program, a nonprofit dedicated to empowering individuals with disabilities and other barriers to employment. Through the GO Program, Financial Plus will provide financial education, personalized financial coaching, and access to financial products and services. “Through this partnership, we have the opportunity to guide rehabilitative youth and young adults in building a brighter money future,” said Ciara Kolasinski, Financial Wellness Coach at Financial Plus Credit Union. “We’re committed to providing participants with the resources and guidance needed to reach their goals.” The GO Program is designed […] - [SchoolsFirst FCU Sponsors Friends of Sacramento Arts Heroes of Arts Education Gala](https://thecreditunionconnection.com/schoolsfirst-fcu-sponsors-friends-of-sacramento-arts-heroes-of-arts-education-gala/): Second Annual Event Recognizes Community Leaders and Local Arts Educators for Supporting and Bringing Arts Education to Schools SchoolsFirst FCU, the largest credit union serving school employees and their families, served as the lead sponsor of the second annual Friends of Sacramento Arts Heroes of Arts Education Gala, which recognizes community leaders and local arts educators for their role in supporting and bringing arts education to local schools. The event was held on March 14 at The Sofia, Home of B Street Theatre in Sacramento. Friends of Sacramento Arts works to ensure equitable access to comprehensive arts education in K-12 […] - [Westerra Credit Union Welcomes Daniel (DJ) Kutch as Chief Financial Officer](https://thecreditunionconnection.com/westerra-credit-union-welcomes-daniel-dj-kutch-as-chief-financial-officer/): Westerra Credit Union has selected Daniel (DJ) Kutch as its new Chief Financial Officer (CFO).  With nearly 25-years of experience in the financial industry – 15 years working in credit unions and an additional 9 years in public accounting – Kutch has the financial acumen to adapt to the current financial environment while his valuable expertise will help ensure the future sustainability for Westerra, and its members. Kutch recently served as the CFO at Horne, LLP, one of the top accounting firms in the U.S., as well as CFO for Keesler Federal Credit Union and Clearview Federal Credit Union.  In […] - [Rouge Credit Union And FHLB Des Moines Invest $800K In Community Development Through Grants To Local Nonprofits](https://thecreditunionconnection.com/rouge-credit-union-and-fhlb-des-moines-invest-800k-in-community-development-through-grants-to-local-nonprofits/): Rogue Credit Union will invest $800,000 in local communities through a Member Impact Fund grant which opened to just handful of states this year, including Oregon. In collaboration with the Federal Home Loan Bank (FHLB) of Des Moines, Rogue will make eight grants to nonprofits who serve Oregon residents and focus on affordable housing in local communities. “We are incredibly excited to partner with the eight non-profits selected for these grants,” said Matt Stephenson, President/CEO of Rogue Credit Union. “Each one provides essential services that make our community a better place for everyone.” The following organizations will each receive a […] - [CA League Board Chair Passing Torch to Donna Bland](https://thecreditunionconnection.com/ca-league-board-chair-passing-torch-to-donna-bland/): The California Credit Union League is proud to announce an important leadership transition within the organization. On April 23, 2024, the current League Board of Directors Chair Geri LaChance will be stepping down as Chair, pending her retirement from SESLOC Credit Union in June. This change has allowed for the appointment of a new Chair by the board, ensuring continuity of leadership at a crucial time as the League continues to build an alliance with Utah’s Credit Unions.   The League would like to take this opportunity to recognize and thank Geri for her exceptional service on the Board, including […] - [Space Coast Credit Union Announces Partnership with the Miami Dolphins](https://thecreditunionconnection.com/space-coast-credit-union-announces-partnership-with-the-miami-dolphins/): Space Coast Credit Union (SCCU) announced today its partnership with the Miami Dolphins. As a proud partner of the Dolphins, this marks SCCU’s first-ever professional sports team partnership. “We know football unites communities across our state,” says Timothy M. Antonition, CEO of Space Coast Credit Union. “This milestone partnership is one of our strategic initiatives to enhance our presence in and support of South Florida and beyond, fostering community engagement and delivering personalized experiences.” SCCU and the Dolphins are joining forces with a common purpose of serving the community. Through the partnership, SCCU will be the presenting sponsor of the […] - [Christus Santa Rosa CEO Makes First Pitch for Texas State Baseball and Women’s Health](https://thecreditunionconnection.com/christus-santa-rosa-ceo-makes-first-pitch-for-texas-state-baseball-and-womens-health/): CHRISTUS Santa Rosa Health System has been making a pitch locally to raise funds for advanced equipment to help Central Texas women. At the April 9 Texas State Baseball game, their CEO took pitching in a different direction. Grant Wicklund, CEO of CHRISTUS Santa Rosa Health System, threw out the first pitch at the annual rivalry baseball game between Texas State University and the University of Texas, played in San Marcos. Wicklund’s ceremonial pitch was in recognition of the CHRISTUS Santa Rosa San Marcos Foundation’s Stars of Texas Gala, May 2, benefitting Central Texas women. The fundraiser will help raise […] - [Eglin Federal Credit Union to Celebrate the Grand Opening of its New Pace Branch](https://thecreditunionconnection.com/eglin-federal-credit-union-to-celebrate-the-grand-opening-of-its-new-pace-branch/): The media is invited to attend a grand opening ceremony for Eglin Federal Credit Union’s new Pace Branch at 4413 US-90. This is EFCU’s third location in Santa Rosa County with the Navarre Branch opening nearly 17 years ago Aug. 27, 2007. The Gulf Breeze ATM/Video Teller location opened in September 2023. La Macchia Group is the design/build firm for the new Pace Branch, and the Operations Center and Freeport Branch are expected to be completed this year. WHAT: Grand Opening Ceremony for Eglin Federal Credit Union’s new Pace Branch WHEN: Tuesday, April 23 at 9 a.m. WHERE: 4413 US-90 […] - [Reliant Credit Union Donates $25,000 to Hillside Foundation](https://thecreditunionconnection.com/reliant-credit-union-donates-25000-to-hillside-foundation/): Reliant Credit Union recently donated $25,000 to Hillside Foundation, emphasizing Reliant\’s commitment to making a positive impact in the areas it serves. The check presentation took place on Friday, April 19, at Hillside Children’s Center’s Crestwood Campus. “Reliant is proud to support Hillside Foundation in providing the highest level of care to children they serve,” said Pamela Heald, Reliant’s President & CEO. “Our journey with Hillside is more than revitalizing infrastructure; it\’s about renewing spirits, restoring dreams, and rewriting futures for youth in our community.” Ms. Heald, along with credit union staff and board members, presented the donation to representatives […] - [Unitus Community Credit Union Donates $20,000 to Local Non-Profits through the Member Impact Fund](https://thecreditunionconnection.com/unitus-community-credit-union-donates-20000-to-local-non-profits-through-the-member-impact-fund/): In partnership with Federal Home Loan Bank of Des Moines, Community Vision and DevNW each receive $10,000 in grant funds Unitus Community Credit Union, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that Community Vision and DevNW will each receive a $10,000 grant from Unitus and the FHLB Des Moines Member Impact Fund. This matching grant program provides $3 for every $1 of Unitus’ grant donation tomake a larger impact in the affordable housing needs of our communities. The grants awarded by FHLB Des Moines added $7,500 to Unitus’ donations to […] - [Tackling Silent Attrition: Winning Strategies for Credit Unions](https://thecreditunionconnection.com/tackling-silent-attrition-winning-strategies-for-credit-unions/): The trend of “quiet quitting” may have diminished as far as employees are concerned, but it is a… - [4 Republicans Lead the Pack to Head Up the House Financial Services Committee](https://thecreditunionconnection.com/4-republicans-lead-the-pack-to-head-up-the-house-financial-services-committee/): Their feelings about credit unions seem mixed By David Baumann, Editor, Washington CU Daily It’s safe to say that whoever serves as the top Republican on the Financial Services Committee next year won’t wear bowties every day. Not much else is certain. Financial Services Chairman Rep. Patrick McHenry has announced that he will not run for re-election to the House, so the top Republican seat is open. So far, four members—all of whom have been supported by the credit union and banking industries in their campaigns—are vying for the seat. Rep. Blaine Luetkemeyer, R-Mo., who otherwise would have been considered […] - [SDCCU Collects More Than 4,200 Pounds of Pet Food Through the Inaugural Full Bowls Campaign in Partnership with Rancho Coastal Humane Society](https://thecreditunionconnection.com/sdccu-collects-more-than-4200-pounds-of-pet-food-through-the-inaugural-full-bowls-campaign-in-partnership-with-rancho-coastal-humane-society/): Donations stocked the shelves of Rancho Coastal Humane Society’s food pantry San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, collected and donated 4,224 pounds of dog and cat food to help support the efforts of Rancho Coastal Humane Society (RCHS) through the inaugural Full Bowls campaign. Donations were collected at all San Diego County SDCCU branch locations during the month of March and were delivered to RCHS to help stock the shelves of the organization’s food pantry. “We are thrilled at the success of our inaugural Full Bowls campaign,” said Teresa Campbell, SDCCU president […] - [Harborstone Credit Union Selects Jimese Harkley as Chief Community Engagement Officer](https://thecreditunionconnection.com/harborstone-credit-union-selects-jimese-harkley-as-chief-community-engagement-officer/): Harborstone Credit Union has selected Jimese Harkley, JD, CCE, CUDE as its new Chief Community Engagement Officer. Harborstone’s mission is to create thriving communities and its leadership believes this new role will be pivotal in shaping the organization’s community engagement strategies and corporate social responsibility initiatives. “It was clear to see throughout the process that Jimese’s values align well with Harborstone’s core values. Her history of success in leading community engagement efforts and her strategic mindset make her an excellent addition to the executive team,” says Geoff Bullock, CEO. Harkley most recently served as VP of Membership for CUES and […] - [Is Your Credit Union a Debt Collector? Look to State Law for the Answer](https://thecreditunionconnection.com/is-your-credit-union-a-debt-collector-look-to-state-law-for-the-answer/): By Henry C. Meier, Esq. An erstwhile observer of the credit union industry recently brought a case to my attention in which a West Virginia federal court ruled that PenFed was a debt collector (JOSEPH BOCZEK, Plaintiff, v. PENTAGON FEDERAL CREDIT UNION d/b/a PENFED, Defendant., No. 1:23-CV-43, 2024 WL 1288667 (N.D.W. Va. Mar. 26, 2024). I’m glad she did. The case dealt with a nuanced area of law and underscores how challenging it can be for federal credit unions to determine whether to comply with state laws. First, some basics. In passing the Federal Debt Collection Practices Act, Congress clarified […] - [U.S. Eagle Federal Credit Union Announces Partnership with U.S. Olympian](https://thecreditunionconnection.com/us-eagle-federal-credit-union-announces-partnership-with-us-olympian/): U.S. Eagle Federal Credit Union, one of New Mexico\’s leading credit unions with more than 93,000 members, announces today a partnership with Mariah Duran, an Albuquerque native, X Games Gold Medalist and member of the inaugural USA Skateboarding Team who competed in the 2020 Tokyo Olympic Games. \”I am honored to partner with U.S. Eagle to help educate and motivate New Mexicans about setting goals in life and for their financial wellbeing and how to better manage their finances, said Mariah Duran. \”Through growing up in Albuquerque and my experience as a professional athlete, my parents and grandparents first taught me […] - [Arizona Copper Federal Credit Union and American Southwest Credit Union Announce Merger and Expansion](https://thecreditunionconnection.com/arizona-copper-federal-credit-union-and-american-southwest-credit-union-announce-merger-and-expansion/): ACFCU and ASCU are merging to form a stronger credit union with more services for members in southeastern Arizona. Members of Arizona Copper Federal Credit Union (ACFCU) and American Southwest Credit Union (ASCU) have exciting news for the future. The two established financial institutions are merging to create a stronger, more resourceful credit union, offering a wider range of financial services and greater convenience for members across southeastern Arizona. The official announcement of the merger will be made by ASCU President & CEO Jay Williamson. This merger will combine the strengths of both credit unions, resulting in a more robust […] - [Allied Payment Network Announces New Hire and Three Credit Unions Announce Promotions](https://thecreditunionconnection.com/allied-payment-network-announces-new-hire-and-three-credit-unions-announce-promotions/): Allied Payment Network announces the hiring of a new VP, LBS Financial Credit Union announced two leadership promotions, and BrightStar Credit Union announced the appointment of its VP of Marketing to the Board of Directors at ArtServe. New Hires Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, announced today the addition of Arlington Wade as the new Vice President of Sales for its West Region. Wade brings a wealth of experience in the digital payment sector, along with an accomplished record of business development. Promotions Reliant Credit Union is pleased to […] - [Opportunity Knock$ on PBS Hosted its Season 2 Premiere In Washington, DC](https://thecreditunionconnection.com/opportunity-knock-on-pbs-hosted-its-season-2-premiere-in-washington-dc/): Part of the largest economic mobility project in U.S. history Season 2 of Opportunity Knock$, the award-winning reality show on PBS that follows the journey of debt-burdened families to financial stability, kicked off with a successful premiere in Washington, DC! Season 2 will begin airing nationally in May, premiering in DC on Saturday, May 4 at 5:30 pm and repeated on Wednesdays at 10 am on WETA Metro and WETA PBS HDTV on Sunday, May 5 at 10 am. Check local listings for your local station’s viewing times. Opportunity Knock$ allows viewers an intimate peek into the lives of families […] - [NCUA Board Approves Advance Notice of Proposed Rulemaking on Records Retention](https://thecreditunionconnection.com/ncua-board-approves-advance-notice-of-proposed-rulemaking-on-records-retention/): The National Credit Union Administration Board held its third open meeting of 2024 and unanimously approved an advance notice of proposed rulemaking that solicits stakeholder comments on ways the agency can improve and update its records preservation program regulations and accompanying guidelines in Part 749 and other parts of the NCUA’s rules and regulations. “It is important that federally insured credit unions maintain a robust records preservation program—a program whereby vital records can readily be reconstructed,” Chairman Todd M. Harper said. “Maintaining vital records is central to a credit union’s ability to properly serve its members and to the NCUA’s […] - [PenFed Foundation Helps Tumble Secure Key Technology Platform Patent Resulting in Adoption by Top Property Management Companies](https://thecreditunionconnection.com/penfed-foundation-helps-tumble-secure-key-technology-platform-patent-resulting-in-adoption-by-top-property-management-companies/): 7 out of 8 largest multifamily housing property managers as ranked by the National Multifamily Housing Council use Tumble. First-of-its-kind smart laundry company makes laundry day easier and transforms shared laundry places into NOI-generating assets. Tumble, the smart laundry technology platform, today announced that it has secured a patent for its technology platform. Seven out of eight top multifamily housing property managers have adopted the platform following the issuance of the patent that differentiates the platform in the shared laundry places industry. Tumble was selected to participate in The PenFed Foundation Veteran Entrepreneur Program Fall 2020 cohort. The program exclusively […] - [SchoolsFirst Federal Credit Union Sponsors Cal Poly Pomona Partners in Education (PIE) Fellowship Awards](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-cal-poly-pomona-partners-in-education-pie-fellowship-awards-1/): In its 18th year, program supports teacher candidates during their clinical practice experience SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, served as a sponsor for Cal Poly Pomona\’s 18th annual Partners in Education (PIE) Fellowship Awards Ceremony on Feb. 8 , where 28 Cal Poly education students received fellowships of up to $4,000 to support their clinical practice experience. During the event, Josh Smith, vice president, school and community relations, at SchoolsFirst FCU, joined other supporters and university faculty and staff to honor the students selected. Cal Poly Pomona Partners in Education (PIE) is a […] - [Alkami Launches SDK Wizard “Merlin,” Furthering the Company’s TechFin Initiative](https://thecreditunionconnection.com/alkami-launches-sdk-wizard-merlin-furthering-the-companys-techfin-initiative/): The company announces four critical capabilities that it will double down on Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced at its annual 2024 Alkami Co:lab conference, the launch of its latest innovation for clients, the SDK Wizard, “Merlin.” This strategic tool is revolutionary in the financial services industry, allowing the developer environment to set up and ramp up in minutes compared to days. Built with a developer-first mindset, “Merlin” is a part of Alkami’s ongoing commitment to being the leading “TechFin” in the market, providing developments and […] - [OneAZ’s Launch of Credit Flex Auto Program Backed by Open Lending](https://thecreditunionconnection.com/oneazs-launch-of-credit-flex-auto-program-backed-by-open-lending/): Partnership will expand access to competitive auto loans for Arizonans Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, was recently selected by OneAZ Credit Union (“OneAZ”) as their lending enablement solution for automotive loans. The partnership will help OneAZ expand access to auto loans for underserved populations of Arizona while also protecting the assets of its members with deposits from the downside risk of defaults on auto loans. OneAZ Credit Union, headquartered in Phoenix, Arizona and with over $3.4 billion in total assets, has […] - [Decade Of Employee Commitment: GTE Financial Recognized As Tampa Bay Times Top Workplace For 10th Consecutive Year](https://thecreditunionconnection.com/decade-of-employee-commitment-gte-financial-recognized-as-tampa-bay-times-top-workplace-for-10th-consecutive-year/): GTE Financial, one of Tampa Bay’s most prominent and locally owned credit unions, is proud to announce they have been named one of the Tampa Bay Times 2024 Top Workplaces. The financial institution ranked nine in the mid-size category (150-499 employees) for the tenth year in a row. “At GTE Financial, we are committed to putting employees first, providing excellent benefits, competitive compensation, and more,” says Senior Vice President and Chief Talent Officer Jasiel Legon. “We are proud to offer our employees multiple award-winning health and wellness programs and be recognized regionally and nationally for our wellness initiatives.” GTE Financial […] - [Introducing Tom Orman, LBS Financial Credit Union Announces New Senior Vice President/Chief Lending Officer](https://thecreditunionconnection.com/introducing-tom-orman-lbs-financial-credit-union-announces-new-senior-vice-presidentchief-lending-officer/): LBS Financial Credit Union recently added a new leader to its senior leadership team, Tom Orman, as senior vice president/chief lending officer. Tom brings with him over 25 years of lending leadership experience and has also served in credit union leadership roles related to strategic planning, business development, political advocacy, and risk management. He earned a bachelor’s degree in Business Administration and an MBA degree from Pepperdine University. In his role as senior vice president/chief lending officer, Tom oversees the consumer lending, mortgage lending, and collections teams. “Tom’s depth of experience in lending will help us continue to make a […] - [CFPB Takes Action Against Coding Boot Camp BloomTech and CEO Austen Allred for Deceiving Students and Hiding Loan Costs](https://thecreditunionconnection.com/cfpb-takes-action-against-coding-boot-camp-bloomtech-and-ceo-austen-allred-for-deceiving-students-and-hiding-loan-costs/): For-profit school made false claims about job-placement rates Today, the Consumer Financial Protection Bureau (CFPB) issued an order against BloomTech and its CEO, Austen Allred, for deceiving students about the cost of loans and making false claims about graduates’ hiring rates. The CFPB found that BloomTech and Allred falsely told students the school’s “income share” agreement contracts were not loans, when in fact the agreements were loans carrying an average finance charge of around $4,000. BloomTech and Allred lured prospective enrollees with inflated promises of job-placement rates as high as 86 percent, when the company’s internal metrics showed placement rates […] - [Lt. Gov. Gilchrist, MiLEAP launch \"Reach for the Pie\" initiative to promote financial aid opportunities for Michigan students](https://thecreditunionconnection.com/lt-gov-gilchrist-mileap-launch-reach-for-the-pie-initiative-to-promote-financial-aid-opportunities-for-michigan-students/): Completing the FAFSA is first step to additional financial aid opportunities such as the Michigan Achievement Scholarship, which offers up to $27,500 over five years for college education Michigan Lt. Gov. Garlin Gilchrist II joined the Michigan Department of Lifelong Education, Advancement, and Potential (MiLEAP) today to kick off \”Reach for the Pie,\” a statewide initiative and contest, in partnership with Hungry Howie\’s and Michigan Credit Union League, encouraging students and parents to complete the Free Application for Federal Student Aid (FAFSA) to lower the cost of college and unlock valuable financial aid opportunities such as the Michigan Achievement Scholarship. […] - [Bankjoy + Pinwheel Partnership Gives Banks and Credit Unions Easy Access to the Industry\'s Most Advanced Digital Deposit Switching Solution, Pinwheel Prime](https://thecreditunionconnection.com/bankjoy-pinwheel-partnership-gives-banks-and-credit-unions-easy-access-to-the-industrys-most-advanced-digital-deposit-switching-solution-pinwheel-prime/): Bankjoy customers can achieve account primacy by eliminating the friction that causes 90% of users to drop off. The Pinwheel Prime platform allows consumers to set up their direct deposit in seconds. Bankjoy, a leading digital banking provider for banks and credit unions across the U.S., has announced its partnership with Pinwheel, a fintech that helps financial institutions win primacy with frictionless account activation. Through the partnership, Bankjoy will help its customers easily integrate the industry\’s most advanced digital deposit switching (DDS) solution, Pinwheel Prime, into the digital banking experiences for over 70 banks and credit unions nationwide. Customers of […] - [Generations Federal Credit Union Partners with Q2 to Reach Younger Members](https://thecreditunionconnection.com/generations-federal-credit-union-partners-with-q2-to-reach-younger-members/): Generations FCU transforms its digital experience to attract the next generation of members with a modernized digital banking approach Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced that Generations Federal Credit Union (Generations FCU) has partnered with Q2 to offer a comprehensive suite of in-demand digital banking services and experiences. Generations FCU rapidly transformed its member experience by leveraging Q2\’s digital banking platform, Q2 Innovation Studio and Q2 Marketplace, which allows the credit union to integrate third-party fintech solutions seamlessly into its digital banking experience and offer innovative services directly to […] - [PriorityONE Credit Union of Florida Selects Upstart for Personal Lending](https://thecreditunionconnection.com/priorityone-credit-union-of-florida-selects-upstart-for-personal-lending/): PriorityONE Credit Union of Florida (PriorityONE), a leading credit union in Florida, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans across the communities it serves. “PriorityONE is committed to enhancing the financial lives of our members and becoming the prominent financial institution in the community through innovation and trust,” said Deana Hennessey, Chief Executive Officer at PriorityONE Credit Union of Florida. \”With Upstart, we are able to deliver a modern, online personal lending experience that expands access to affordable credit to more people across our community.” PriorityONE became […] - [Pulsate Wins “New CUSO of the Year” at 2024 NACUSO Network Conference](https://thecreditunionconnection.com/pulsate-wins-new-cuso-of-the-year-at-2024-nacuso-network-conference/): Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, has been awarded 2024 “New CUSO of the Year” from the National Association of Credit Union Service Organizations (NACUSO) at the NACUSO Network Conference in Orlando, Fla. The CUSO Awards recognize CUSOs with stories of great accomplishments and innovation that push for advancements within the credit union industry. NACUSO’s award committee evaluates each nominee before selecting four CUSOs to award for their cooperative efforts. “Winning \’New CUSO of the Year\’ is a tremendous honor for Pulsate as this award not […] - [On Tap Credit Union President and CEO Honored With Two Coveted Titles in 2024](https://thecreditunionconnection.com/on-tap-credit-union-president-and-ceo-honored-with-two-coveted-titles-in-2024/): On Tap Credit Union is proud to announce President and CEO Tracie Wilcox has been named as a 2024 Colorado Titan 100 and GoWest Advocate of the Year. The Titan 100 program recognizes Colorado’s Top 100 CEOs & C-level executives. They are the area’s most accomplished business leaders in their industry using criteria that includes demonstrating exceptional leadership, vision, and passion. The GoWest Advocate of the Year award requires a commitment to engage beyond the day-to-day operations, and to develop an internal culture that encourages the team to passionately participate. The Titan 100 are changing the way that business is […] - [Gemineye Spotlights New Credit Union Data Analytics Clients for Q1 2024](https://thecreditunionconnection.com/gemineye-spotlights-new-credit-union-data-analytics-clients-for-q1-2024/): Part of a wave of new credit union clients, these two credit union visionaries have taken to Gemineye’s innovative data solution Data warehouse and analytics provider Gemineye is excited to feature two outstanding new credit union clients that joined its team in Q1 2024: Nusenda Credit Union and Space Coast Credit Union. Gemineye’s nimble Databricks and Azure architecture, lightning-fast implementations and easy implementations have made them the first choice for a growing number of savvy credit unions. Gemineye’s mission is to empower community financial institutions to become more data driven, making data analytics accessible to all credit unions. Historically, only […] - [Georgia United Foundation Awards $17,500 in Scholarships to 12 High School Seniors](https://thecreditunionconnection.com/georgia-united-foundation-awards-17500-in-scholarships-to-12-high-school-seniors/): Georgia United Foundation, the philanthropic arm of Georgia United Credit Union, congratulates the 12 high school seniors who are winners of the organization’s 30th annual scholarship competition. College, university and technical school-bound high school seniors were invited to compete for 12 scholarship grants. The students or their parents/grandparents must be Georgia United members. This year, there were 130 applicants. These scholarships not only alleviate financial burdens but also symbolize the organization\’s belief in the transformative power of education to surmount barriers, defy odds, and forge pathways toward brighter futures. The competition requires a one-minute video submission by the applicants explaining […] - [OMNI Community Credit Union Supports South Michigan Food Bank in Battle Creek with $7,068.75 Donation](https://thecreditunionconnection.com/omni-community-credit-union-supports-south-michigan-food-bank-in-battle-creek-with-706875-donation/): OMNI Community Credit Union is pleased to announce its support for the South Michigan Food Bank through its Give Back Program. The South Michigan Food Bank in Battle Creek will receive a generous donation of $7,068.75 from OMNI to help alleviate hunger and food insecurity in the local community. The South Michigan Food Bank plays a crucial role in distributing food to individuals and families in need throughout the Battle Creek area. Through partnerships with local agencies and organizations, the food bank provides nutritious meals to thousands of people each year, addressing the root causes of hunger and promoting food […] - [The Payments Index: April 2024](https://thecreditunionconnection.com/the-payments-index-april-2024/): Welcome to the three-year anniversary edition of the Payments Index! Following the success of our weekly Transaction Insights during the first year of the COVID-19 pandemic, our first monthly edition of the Payments Index was published in April 2021. Since that time, the Payments Index has continued to grow and evolve into a key resource for our credit unions and our industry. Thank you to all of our subscribers and readers! As we continue to integrate PSCU/Co-op Solutions, we are combining our monthly payment trends analysis into a single monthly publication for our credit unions starting this month. To provide […] - [Maine State Credit Union to Help Youth with Financial Literacy with New Savings Product](https://thecreditunionconnection.com/maine-state-credit-union-to-help-youth-with-financial-literacy-with-new-savings-product/): In response to the growing trend of teaching financial literacy to youth, Maine State Credit Union is excited to announce the launch of its innovative new product, Marty the Mountain. This product is designed to help kids learn how to save and manage money. It is designed to create a foundation for future financial savings success. “Marty the Mountain was the brainchild of one of our member services representatives in Waterville, Randi Gurski,” said Stephen Wallace, President, and CEO of Maine State Credit Union. “Randi noticed that she did not see a lot of kids coming into the branch to […] - [The Cooperative Credit Union Association Partners with Penny Finance to Enhance Financial Wellness Programs](https://thecreditunionconnection.com/the-cooperative-credit-union-association-partners-with-penny-finance-to-enhance-financial-wellness-programs/): The Cooperative Credit Union Association (CCUA) enthusiastically announces its partnership with Penny Finance, a leading fintech company dedicated to empowering women through personalized financial planning and education. This collaboration marks a significant milestone in CCUA\’s ongoing commitment to providing innovative solutions for credit unions across Delaware, New Hampshire, Massachusetts, and Rhode Island. Penny Finance (Penny) is an online financial planning platform designed with a women-first approach. By offering personalized education and insights, Penny empowers its members to achieve financial freedom, guiding them through debt reduction, investment strategies, and retirement planning. Through this partnership, CCUA aims to help members enhance their […] - [North Island Credit Union Holds Ribbon-Cutting Ceremony For New Escondido Branch](https://thecreditunionconnection.com/north-island-credit-union-holds-ribbon-cutting-ceremony-for-new-escondido-branch/): Local Officials Gather to Open State-of-the-Art Branch Committed to Meeting Member and Community Needs in North County North Island Credit Union recently celebrated the official grand opening of its new full-service retail branch in Escondido located at 1230 Auto Park Way in the Escondido Promenade Shopping Center. Local city, business and community leaders opened the new branch with a ribbon-cutting ceremony along with special member raffles, prizes and give aways. “We’re excited to officially open our 11th location in the greater San Diego area with our new Escondido branch. I want to thank all the special guests who joined our […] - [CUSOs CU Healthcare PayCard, CU*Answers, and Bonifii Combine Strengths to Revolutionize Healthcare Payments](https://thecreditunionconnection.com/cusos-cu-healthcare-paycard-cuanswers-and-bonifii-combine-strengthsto-revolutionize-healthcare-payments/): CU Healthcare PayCard proudly announces groundbreaking partnerships with leading Credit Union Service Organizations (CUSOs) CU*Answers and Bonifii, heralding a new era in healthcare payments. This collaboration will facilitate a seamless, consumer-friendly financial solution for managing healthcare expenses for credit union members. The CU Healthcare PayCard is a nationally branded open-loop credit card accepted at any healthcare- or veterinarian-related provider where Visa is honored. This innovative offering, facilitated through credit unions, offers consumers reasonable credit terms and a hassle-free digital application process with immediate card issuance at affiliated provider offices. The product is anticipated to launch in late 2024. Key features […] - [Shine the Spotlight on Industry Heroes: Nominations Open for 2024 CUES Awards!](https://thecreditunionconnection.com/shine-the-spotlight-on-industry-heroes-nominations-open-for-2024-cues-awards/): Nominations and applications are now open for the 2024 CUES Awards & Recognition program. “The CUES Awards are like a spotlight that shines brightly on the unsung heroes of the movement, those who are there to empower their communities through financial literacy, accessible financial services, and more. Let’s celebrate the incredible difference they make in people\’s lives every single day,\” said Dawn Abely, CUES’ SVP/Chief Sales & Member Relations Officer. Nominate or apply for CUES Awards in the following categories: John Pembroke Catalyst For Change Award: This organization-wide award recognizes credit unions focused on bringing positive change to the industry, […] - [Citadel Credit Union Reinforces Commitment To The Communities It Serves Through Ongoing Initiatives Amid Continued Growth](https://thecreditunionconnection.com/citadel-credit-union-reinforces-commitment-to-the-communities-it-serves-through-ongoing-initiatives-amid-continued-growth/): Citadel plans to enhance and expand its current and future community and industry partnerships  Citadel Credit Union is reinforcing its dedication to supporting the communities it serves across the Chester, Bucks, Delaware, Montgomery, Lancaster, and Philadelphia counties through ongoing community initiatives. For the second consecutive year, Citadel was recognized as \”Best Credit Union\” in Montgomery County on the 2023 Happening List by Montco Happenings, and was recognized through the Daily Local News\’ 2023 Best of Chester County Reader\’s Choice award. Both awards are based on voting from local residents. Citadel employees have also been on the receiving end multiple times […] - [Bellco and Economic Literacy Colorado Celebrate National Financial Capability Month with Free \"FUNancial $marts\" Educational Booklets](https://thecreditunionconnection.com/bellco-and-economic-literacy-colorado-celebrate-national-financial-capability-month-with-free-funancial-marts-educational-booklets/): Guides Provide Colorado Youth with Practical Tools for Managing Money Bellco Credit Union and Economic Literacy Colorado (ELC) are celebrating National Financial Capability Month by spreading the message that financial empowerment begins with learning and offering helpful financial tools, including free \”FUNancial $marts\” booklets. \”FUNancial $marts\” booklets are developed for children and teens and include activities for each age group about real-world money concepts, such as the difference between needs and wants, credit versus debit cards, factors to consider when making purchases, ways to comparison shop, how to save, and more. The free booklets are being distributed through Bellco\’s 29 branches, […] - [Credit Union Of Southern California Celebrates 70 Years](https://thecreditunionconnection.com/credit-union-of-southern-california-celebrates-70-years/): CU SoCal Honors Its Members During Anniversary Celebration Credit Union of Southern California (CU SoCal) commemorated its 70th anniversary during its Annual Meeting and Celebration, reaffirming its dedication to its Members and ongoing mission of Building Better Lives. Gathering at the Pacific Palms Resort in City of Industry on Tuesday, March 26, CU SoCal honored the trust and loyalty of its Members throughout the years. President and CEO Dave Gunderson, who has guided CU SoCal for 33 years, underscored the crucial role Members have played in the credit union\’s journey from a single branch in Whittier to a network of […] - [Five New Credit Unions Partner with myCUmortgage for Home Loan Systems and Services](https://thecreditunionconnection.com/five-new-credit-unions-partner-with-mycumortgage-for-home-loan-systems-and-services/): New Q1 partners represent over 131,000 members and nearly $2 billion in assets myCUmortgage is excited to announce partnerships with five new credit unions in the first quarter of 2024. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. Continuing to grow its leadership and expertise in the nationwide credit union mortgage lending space, myCUmortgage\’s new partnerships in Q1 of 2024 include: Cornerstone Financial Credit Union – Nashville, Tenn. DN Community Federal Credit Union – Canton, Ohio Laredo Fire Department Federal Credit Union – Laredo, Texas Meritus Credit Union – Lafayette, La. Seattle […] - [PenFed Credit Union Finishes First Quarter with Increased Liquidity and Capital](https://thecreditunionconnection.com/penfed-credit-union-finishes-first-quarter-with-increased-liquidity-and-capital/): America\’s second largest federal credit union welcomes 33,000 new members and maintains over $3 billion in regulatory net worth. PenFed Credit Union, the nation\’s second-largest federal credit union, finished the first quarter of 2024 with increased liquidity and capital. PenFed also finished the quarter with nearly 3 million members, $34.6 billion in assets and over $3 billion in regulatory net worth. \”We are ahead of our 2024 business plan and continue to execute on our key priorities of building liquidity and capital,\” said PenFed President and CEO James Schenck. \”PenFed is proud to deliver on our promise to members by paying […] - [Auto Financial Group Announces Q1 2024 Results](https://thecreditunionconnection.com/auto-financial-group-announces-q1-2024-results/): Auto Financial Group (AFG), one of the nation\’s leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2024 today. In the first quarter of 2024, AFG signed three new credit unions to its Walk-Away Balloon Lending Program, Maine State Credit Union, MCT Credit Union and Texans Credit Union. The three credit unions represent combined assets of over $3 billion and a reach increase of more than 10 million consumers across two states. \”At Maine State Credit Union, we always seek ways to help our members. The recent increase in rates coupled with the […] - [Chimney Selected to Present its Newest Product, Chimney Home at NACUSO’s 2024 Next Big Idea Competition](https://thecreditunionconnection.com/chimney-selected-to-present-its-newest-product-chimney-home-at-nacusos-2024-next-big-idea-competition/): Chimney among the six companies selected to present at NACUSO’s annual Next Big Idea Competition on April 17th Chimney, an award-winning fintech provider for over 65 credit unions, was selected as one of six companies to compete in NACUSO’s annual Next Big Idea Competition, which will take place at the NACUSO Network Conference on April 17, 2024 in Orlando, FL. Matthew Covi, co-founder and CEO of Chimney, will present the company’s latest innovation, Chimney Home, which revolutionizes how financial institutions tap property data in their digital apps. \”Homes are the most valuable asset for most credit union members,\” said Covi. […] - [Michigan Schools and Government Credit Union Selects Blend to Evolve its Digital Lending Experience](https://thecreditunionconnection.com/michigan-schools-and-government-credit-union-selects-blend-to-evolve-its-digital-lending-experience/): MSGCU Chooses Blend Mortgage, Income, Close, and Home Equity Solutions Blend, a leading provider of cloud banking services, announced today that Michigan Schools and Government Credit Union (MSGCU) has selected Blend to deliver an enhanced user experience for its members. By selecting Blend for its Mortgage, Income, Close, and Home Equity solutions, MSGCU aims to simplify and streamline the application process, automate their lender workflows, and offer a consistent digital experience across all lines of their consumer real estate business. “MSGCU continually evaluates the tools we use to serve our members to ensure we are helping them reach their financial […] - [Travis Credit Union Foundation Announces 2024 Financial Coaching Grant Recipients](https://thecreditunionconnection.com/travis-credit-union-foundation-announces-2024-financial-coaching-grant-recipients/): Travis Credit Union Foundation announces today the recipients of its inaugural 2024 Financial Coaching Grants. This new program was designed to empower non-profit organizations to deliver financial coaching to their beneficiaries while also receiving unrestricted funding in support of their missions. These grants, the first of their kind in Northern California, aim to establish a network of financial coaches throughout the region, while bolstering the capacities of non-profit organizations that serve their local communities. The three distinguished grant recipients for the 2024 cycle are: San Pablo Economic Development Corporation Vacaville Solano Services Corporation Safe Quest Solano Each recipient will be […] - [U.S. Treasury Awards $18 Million to Support Consumer Access to Financial Institutions Through the CDFI Small Dollar Loan Program Awards](https://thecreditunionconnection.com/us-treasury-awards-18-million-to-support-consumer-access-to-financial-institutions-through-the-cdfi-small-dollar-loan-program-awards/): Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded $18 million in grants to Certified Community Development Financial Institutions (CDFIs) through the combined fiscal year (FY) 2023 and (FY) 2024 round of the Small Dollar Loan Program (SDL Program). “These important awards enable more Certified CDFIs to offer alternatives to costly payday lenders. Notably, 32% of all award funds went to Certified CDFIs headquartered in persistent poverty counties, exceeding the statutory requirement by over threefold,” said CDFI Fund Director Pravina Raghavan. “With a quarter of unbanked or underbanked American households, our program aims to […] - [MDT Offers FedNow Service for Credit Union Community](https://thecreditunionconnection.com/mdt-offers-fednow-service-for-credit-union-community/): CUSO enables faster payments, helping credit unions advance their payments strategy Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, is now supporting live transactions on the Federal Reserve\’s real-time payments network, the FedNow℠ Service, through Jack Henry’s faster payments hub, JHA PayCenter™. FedNow is an instant payments network that moves funds directly and immediately between financial institution accounts in the United States. By providing access to this network, MDT is enabling credit unions to provide better member experiences, carve out a competitive advantage and take control of their […] - [Royal Credit Union Earns Place On Nation’s Top Mortgage Originators List](https://thecreditunionconnection.com/royal-credit-union-earns-place-on-nations-top-mortgage-originators-list/): Royal Credit Union (Royal) is proud to announce its inclusion in the American Credit Union Mortgage Association\’s (ACUMA) list of the nation’s top mortgage originating credit unions for quarter four of 2023. ACUMA\’s rankings, which are calculated using data submitted to the National Credit Union Association, place Royal at twenty-sixth for first lien and seventy-sixth for second lien originations. “Despite challenges posed by the housing market in recent years, our team is dedicated to meeting the needs of our Members and their home ownership goals” says Matthew Gerber, Vice President of Mortgage Lending at Royal. Royal provides a comprehensive suite […] - [Credit Unions Accept Founders Award From CMN Hospitals](https://thecreditunionconnection.com/credit-unions-accept-founders-award-from-cmn-hospitals/): On Wednesday, April 10th, the Credit Unions for Kids National Advisory Board accepted the Founders Award on behalf of the credit union industry. Prestigious Founders Award The Founder’s Award is a highly prestigious award provided to a distinguished individual or organizations who have made amazing contributions to CMN Hospitals. These contributions positively impact and benefit member hospitals, including time, effort, talent, significant personal commitment, or a leadership role. This award is not given out every year – only in special instances. Previous winners include Steve Young (NFL Hall of Famer) and Marriott for being the first corporate partner. This year […] - [Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing](https://thecreditunionconnection.com/rapid-finance-taps-sofi-galileo-to-enable-rapid-access-mastercardnbspfor-small-business-financing/): Prepaid card program provides SMBs instant fund access Rapid Finance, a small business banking platform helping small businesses find customized financing solutions, in collaboration with Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced the launch of the Rapid Access Mastercard. Rapid Finance’s Mastercard program is the first program sponsored by SoFi Bank, and managed by Galileo, giving eligible small business (SMB) customers quick and flexible access to their funds when they need it most. Small businesses serve as the backbone of the U.S. economy but finding avenues for reliable capital is often […] - [Vote San Diego County Credit Union for BEST Credit Union in the 2024 San Diego’s BEST Union-Tribune Readers Poll](https://thecreditunionconnection.com/vote-san-diego-county-credit-union-for-best-credit-union-in-the-2024-san-diegos-best-union-tribune-readers-poll/): Also, vote SDCCU BEST Auto Loan Provider, Financial Planner, Mortgage Provider and Place to Work San Diego County Credit Union® (SDCCU®), San Diego’s largest locally-owned financial institution and one of Southern California’s top credit unions has once again been nominated in the San Diego’s BEST Union-Tribune Readers Poll and voting is now open. In 2023, SDCCU was named San Diego’s BEST Credit Union for the 24th consecutive year by readers of The San Diego Union-Tribune. SDCCU was also voted San Diego’s BEST Financial Planner and BEST Mortgage Provider for the fourteenth year in a row and BEST Auto Loan Provider […] - [Sisseton-Wahpeton and Centric Credit Unions Are Top 25 Deep Impact Lenders](https://thecreditunionconnection.com/sisseton-wahpeton-and-centric-credit-unions-are-top-25-deep-impact-lenders/): Overall, 21 CU Strategic Planning clients earned a spot on the ECIP Awards list The Emergency Capital Investment Program (ECIP) Investing for Impact Report recognized Sisseton-Wahpeton Federal Credit Union and Centric Federal Credit Union as two of the top 25 ‘Deep Impact Lenders.’ According to Quarterly Supplemental Reports submitted to the U.S. Department of Treasury by ECIP participants, 99.8% of Sisseton-Wahpeton FCU’s lending qualified as ‘Deep Impact’ in 2022, meaning the $5.6M South Dakota credit union served low-income borrowers, persistent poverty counties, native communities, underserved businesses, deeply affordable housing and other relevant activities. Louisiana’s $368M Centric FCU was not far […] - [UMCU, the Official Credit Union of the Detroit Lions, Announces Partnership with Jahmyr Gibbs, Rookie Running Back](https://thecreditunionconnection.com/umcu-the-official-credit-union-of-the-detroit-lions-announces-partnership-with-jahmyr-gibbs-rookie-running-back/): UMCU welcomes Jahmyr Gibbs, Detroit Lions\’ running back, in exciting partnership. (video)  Tiffany Ford, CEO of UMCU, expressed her enthusiasm for the partnership, stating, \”Shortly after Jahmyr was drafted by the Lions last year, this amazing partnership started. Jahmyr\’s authenticity, values, and professionalism were a clear match for UMCU.\”  Reflecting on his decision to engage with UMCU, Gibbs commented, \”As I started my career, I wanted a partner who could be a part of my financial team and shares my passion for community service. UMCU felt like the perfect fit from the start, and I am excited to embark on […] - [Capitol Credit Union of Texas Selects Cotribute for Digital Account Opening](https://thecreditunionconnection.com/capitol-credit-union-of-texas-selects-cotribute-for-digital-account-opening/): Credit union deploys advanced digital platform to accelerate onboarding, reduce manual processes and fraud Cotribute, an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships, today announced Capitol Credit Union of Texas (Capitol CU) has selected its Consumer Account Opening to improve new member onboarding and reduce fraud. Capitol CU’s previous system was cumbersome and inefficient for members. If a member was unable to complete their application, the data would be lost, and members would need to restart the process, leading to higher abandonment rates. Cotribute’s Consumer Account Opening module resolves this inefficiency, making it easy for […] - [FORUM Credit Union Places 10th on Indiana’s Best Places to Work List](https://thecreditunionconnection.com/forum-credit-union-places-10th-on-indianas-best-places-to-work-list/): FORUM Credit Union recently placed tenth among large companies for the Indiana Chamber of Commerce’s 2024 Best Places to Work. This marks the thirteenth consecutive year FORUM has received recognition on this list. Additionally, FORUM was the only financial institution to receive a ranking in the large company category. On Wednesday, May 8th, 193 companies were honored at a celebration held in Indianapolis at the Indiana Convention Center. Honorees and rankings were determined through employer reports and a comprehensive, anonymous employee survey. The Workforce Research Group handled the selection process. Winners were selected from four categories: small companies between 15 […] - [Velera Announces Charitable Giving at THINK 24 Conference Reaches $140,000](https://thecreditunionconnection.com/velera-announces-charitable-giving-at-think-24-conference-reaches-140000/): Transaction Network Services alone donates $125,000 to CMN Hospitals Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – announced a total of $140,000 was raised in charitable and philanthropic donations at the THINK 24 conference. The total included $125,000 from Transaction Network Services (TNS). “We are honored to continue to support Children’s Miracle Network Hospitals,” said TNS Chief Executive Officer Mike Keegan. “We made the $125,000 donation to help ensure every child receives the best possible hospital care. TNS employees volunteer and raise funds for numerous charities […] - [UFirst Credit Union Wins Best of State & USA Today\'s Top Workplaces Accolades](https://thecreditunionconnection.com/ufirst-credit-union-wins-best-of-state-amp-usa-todays-top-workplaces-accolades/): UFirst Credit Union: 7-Time Best of State Winner! Recognized for Mortgage Banking, Employee Relations, and Top Workplace by USA Today 2024 UFirst Credit Union has been honored with the prestigious Best of State accolades for Mortgage Banking and Employee Relations and recognized as a USA Today Top Workplaces recipient for 2024. With this latest recognition, UFirst solidifies its standing as a seven-time Best of State winner, highlighting its unwavering commitment to exceptional service and employee satisfaction. UFirst\’s success in mortgage banking highlights its dedication to navigating the challenges of an unpredictable housing market and high mortgage loan rates. Despite these […] - [SELCO Community Credit Union Awards $77,500 In College Scholarships To 21 Students Through Its Expanded Scholarship Program](https://thecreditunionconnection.com/selco-community-credit-union-awards-77500-in-college-scholarships-tonbsp21-students-through-its-expanded-scholarship-program/): Applications soar by double after SELCO opens the program to continuing, nontraditional, and vocational students; SELCO has awarded nearly $300,000 in scholarships over the past five years SELCO Community Credit Union’s annual scholarship program received a record number of applications in 2024 after opening the program to continuing, vocational, and nontraditional students for the first time. In the end, 21 deserving students were awarded $77,500 in scholarships. SELCO awarded 20 scholarships to eligible students worth $3,500 each, an increase from $2,500 each in 2023. In addition, SELCO awarded the $7,500 Richard Metzler Opportunity Scholarship to Victor Yanez, a Lane County student who […] - [Chairman Harper’s Statement on His Temporary Leave of Absence](https://thecreditunionconnection.com/chairman-harpers-statement-on-his-temporary-leave-of-absence/): Today, National Credit Union Administration Chairman Todd M. Harper issued the following message to the agency’s employees informing them he is temporarily stepping away from his daily duties to undergo and recover from back surgery. “Many of you have likely heard me say on several occasions that if you don’t take care of yourself, you can’t take care of others. “So, I am heeding my own advice. Starting this week, I will be taking some time away from my duties to undergo and recover from back surgery. I expect to return to my full duties in July. “In the weeks […] - [Business North Carolina Names SECU CEO Leigh Brady Among North Carolina’s Most Influential Leaders ](https://thecreditunionconnection.com/business-north-carolina-names-secu-ceo-leigh-brady-among-north-carolinas-most-influential-leadersnbsp/): Business North Carolina recently announced its selection of North Carolina’s most influential leaders, naming State Employees’ Credit Union (SECU) President and CEO Leigh Brady to the magazine’s 2024 Power List. Brady was featured among the state’s most prominent individuals in the finance and insurance industry. The annual Power List celebrates top leaders who are making a significant impact in their organizations and communities across a wide spectrum of industries. Honorees are selected based on nominations, conversations with sources, and research into the change drivers of North Carolina’s business community. “I am so appreciative of the recognition by Business North Carolina […] - [When Jamie Dimon Speaks:The Competitive Advantage of Continuous Assessment](https://thecreditunionconnection.com/when-jamie-dimon-speaksthe-competitive-advantage-of-continuous-assessment/): By Rhonda Sheets – Support EXP Founder | President | CEO Is your credit union following this banking CEO’s advice to optimize performance? In the late 1970s and early 1980s, a leading brokerage firm ran a series of memorable ads built around the tagline, \”When E.F. Hutton speaks, people listen.” This slogan conveyed the idea that, because of its insight and perceptiveness, it was worth paying attention when this influential financial institution offered advice or predictions. Others have since taken on the role of economic seer – Warren Buffett, for example – but currently, the oracle of financial boom or […] - [myCUmortgage Names Ben Rempe as its New President](https://thecreditunionconnection.com/mycumortgage-names-ben-rempe-as-its-new-president/): Rempe to lead organization that provides comprehensive mortgage solutions to credit unions nationwide myCUmortgage is excited to announce that Ben Rempe has been named President of the mortgage services provider, effective June 3, 2024. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union (WPCU). Rempe will lead the mortgage CUSO which provides a comprehensive suite of mortgage solutions to nearly 200 credit union partners across the country. These solutions include products and services that empower partner credit unions to be great mortgage lenders, such as originations, processing, underwriting, servicing, secondary market access and a […] - [Scott Annis Selected as Senior Vice-President of Information Technology  for Westerra Credit Union ](https://thecreditunionconnection.com/scott-annis-selected-as-senior-vice-president-of-information-technologynbsp-for-westerra-credit-unionnbsp/): Westerra Credit Union has selected Scott Annis as its new Senior Vice-President of Information Technology. Scott has spent his career working in information technology, with the last 13-years devoted to the financial services industry. Prior to joining Westerra Credit Union in 2021 as Vice-President of Information Technology, he served as Vice-President of Strategic Technology for Elevations Credit Union.  “Scott has been a significant force in leading Westerra’s Infrastructure and Security teams,” said Steve Schmidle, President/CEO of Westerra Credit Union. “His skillset and knowledge have been vital in building trust and improving capabilities across our organization. I look forward to watching him continue […] - [LSCU Announces Endorsements for Federal Office in Alabama, Florida, and Georgia](https://thecreditunionconnection.com/lscu-announces-endorsements-for-federal-office-in-alabama-florida-and-georgia/): The League of Southeastern Credit Unions (LSCU), representing credit unions across Alabama, Florida, and Georgia, and their 12.4 million members and a combined total of $183.5 billion assets, is proud to announce key congressional endorsements for candidates in the 2024 election cycle. The list of endorsements is as follows: Alabama Representative Mike Rogers (AL-03) Representative Robert Aderholt (AL-04) Representative Dale Strong (AL-05) Representative Gary Palmer (AL-06) Representative Terri Sewell (AL-07) Florida Senator Rick Scott (R-FL) Representative Kat Cammack (FL-03) Representative John Rutherford (FL-05) Representative Cory Mills (FL-07) Representative Maxwell Frost (FL-10) Representative Kathy Castor (FL-14) Representative Laurel Lee (FL-15) Representative […] - [Finastra boosts its payments processing strategy with Fed certification for ISO 20022](https://thecreditunionconnection.com/finastra-boosts-its-payments-processing-strategy-with-fed-certification-for-iso-20022/): Finastra is among the first in the industry to complete testing and certification for multiple solutions, enabling and supporting compliance readiness for its financial institutions\’ customers Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions. The certification, which enables and supports compliance to ISO 20022 messaging standards for Fedwire, applies to four of Finastra\’s payment processing solutions, facilitating increased innovation for financial institutions across the United States. By […] - [Worldwide Foundation for Credit Unions Invites Global Movement to Join Flood Relief Efforts in Brazil](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-invites-global-movement-to-join-flood-relief-efforts-in-brazil/): Initial $15,000 for immediate humanitarian relief already on the way to Sicredi Worldwide Foundation for Credit Unions (WFCU), in partnership with World Council of Credit Unions (WOCCU), on Friday launched its Brazilian Flood Relief Fund to solicit donations in support of the credit union movement in Brazil, which has faced unprecedented devastation this month from flooding and overflowing rivers in the state of Rio Grande do Sul. As of May 9, 417 municipalities in the region have been affected by the floods, displacing more than 150,000 people and forcing 60,000 of them into shelters. Sicredi—WOCCU\’s Direct Member and the largest credit union […] - [HFS Federal Credit Union Brings History Back to Honoka’a Town](https://thecreditunionconnection.com/hfs-federal-credit-union-brings-history-back-to-honokaa-town/): If you’re driving through Honoka’a town, you may notice a new sign at HFS Federal Credit Union (HFS FCU), one that nods to the legacy of the historic building they are located in. Back in 2016, HFS Federal Credit Union merged with the credit union that was located there previously, joining this tight-knit community with so much history. They are in the Awong Brothers Store building, which is the oldest building in Honoka’a and listed in the National Register of Historic Places with the United States Department of the Interior. Just recently, the Credit Union updated the building signage to […] - [FedFinancial Federal Credit Union Partners With WeAchieve to Strengthen Community](https://thecreditunionconnection.com/fedfinancial-weachieve-partner-to-strengthen-community/): WeAchieve is pleased to announce a partnership with FedFinancial Federal Credit Union in ongoing efforts to further strengthen connections in our communities. Both organizations have deep roots in serving the greater Washington, DC, and central Maryland areas. In late April, FedFinancial’s chairman of the board, Christopher Cole, presented WeAchieve CEO, Daphne Pallozzi, with a financial contribution of $3,000 through WeAchieve’s Champions of Change initiative. The support is intended to bolster WeAchieve’s efforts in the area ensuring equal access to work and inclusive communities for people with intellectual and developmental differences. In cooperation with local businesses, WeAchieve also regularly provides space […] - [Three Credit Unions Announce Board Appointments and Two Credit Unions Announce Promotions](https://thecreditunionconnection.com/l509sagv9whxyhibdsmertqta820ad/): First Community Credit Union, Royal Credit Union, and Securityplus Federal Credit Union announced appointments to various boards while Robins Financial Credit Union and BayPort Credit Union announced promotions within their organizations. New Hires Royal Credit Union (Royal) announces Samantha Bernadot as Member Service Supervisor. In this position, Bernadot is responsible for leading and developing the call center Member Service team, as well as working with staff to exceed Member expectations. Bernadot joined Royal with ten years of banking experience. She began her career behind the teller line and worked her way up to a training and supervisor position. At Royal, […] - [EarnUp Expands Financial Wellness Platform, Empowering Lenders & Servicers to Accommodate Text to Pay Capabilities](https://thecreditunionconnection.com/earnup-expands-financial-wellness-platform-empowering-lenders-amp-servicers-to-accommodate-text-to-pay-capabilities/): EarnUp, Inc., a financial wellness fintech company, announced today that lenders and servicers will be able to use its platform to offer borrowers a convenient mortgage payment option: Text to pay via debit card. This enhancement will mark a significant advancement of EarnUp’s award-winning platform, providing borrowers with greater flexibility and convenience in managing their mortgage obligations while also empowering mortgage companies to accommodate modern borrower payment preferences. According to data from mobile trade body GSMA, it is estimated by 2025 72.6% of users will access the internet exclusively by smartphone, driving home the need for mobile first mortgage payment […] - [LINKBANCORP, INC. Announces Sale of New Jersey Operations](https://thecreditunionconnection.com/linkbancorp-inc-announces-sale-of-new-jersey-operations/): LINKBANCORP, Inc. (NASDAQ: LNKB) (\”LINK\” or the Company), today announced that its wholly owned subsidiary, LINKBANK, entered into a definite purchase and assumption agreement under which American Heritage Federal Credit Union, based in Philadelphia, Pennsylvania, will acquire LINKBANK\’s banking operations and 3 branches in New Jersey. The transaction includes approximately $105 million of deposits and $123 million in loans. The 3 branches were previously part of the Liberty Bell Bank division of The Bank of Delmarva, which merged with LINBANK as part of the Company\’s recent merger with Partners Bancorp. Andrew Samuel, CEO, commented, \”As we continue to execute on […] - [Indiana Credit Union CEO Testifies Before Senate Banking Committee](https://thecreditunionconnection.com/indiana-credit-union-ceo-testifies-before-senate-banking-committee/): Afena Federal Credit Union President /CEO Karen Madry testified today before the Senate Banking Committee on behalf of the national credit union system. She chairs the America’s Credit Unions Small Credit Union Committee. Madry is also on the Indiana Credit Union League board, where she is the immediate past chair and a member of the Governmental Affairs Committee. The Hearing, titled “Consumer Protection: Examining Fees in Financial Services and Rental Housing,” took place this morning at 10 a.m. Eastern. Madry’s submitted written testimony can be viewed here.  “It was quite an experience testifying before the Senate Banking Committee,” said Madry. “The […] - [Lowland Credit Union Merges with ORNL Federal Credit Union](https://thecreditunionconnection.com/lowland-credit-union-merges-with-ornl-federal-credit-union/): The National Credit Union Administration (NCUA) recently awarded ORNL Federal Credit Union (ORNL FCU), the second largest federally chartered credit union in the state of Tennessee, a merger with Lowland Credit Union (LCU). Following state regulatory approval and LCU member’s vote of approval, the merger was effective May 1, 2024. ORNL FCU is the continuing credit union, with LCU employees and members now ORNL FCU employees and members.  “The success of the merger is a direct result of the incredible collaboration between the two credit unions and among all of the individual departments at both LCU and ORNL FCU,” said […] - [Coastal Credit Union Surpasses $5 Billion in Assets](https://thecreditunionconnection.com/coastal-credit-union-surpasses-5-billion-in-assets/): Coastal Credit Union announced today that it has reached $5 billion in assets. Coastal initially hit the $5 billion mark at the end of January, and growth has continued through the spring. Through the end of April, Coastal’s assets are $5.148 billion. “When I started at Coastal just over a year ago, my top priority was to begin preparing the credit union to be able to grow to $10 billion and beyond,” said Tyler Grodi, President & CEO. “I’m incredibly proud of our team and all that we’ve accomplished together and thank all of them for their hard work and […] - [Jack Henry Enhances Financial Performance Suite with Daily Dashboard](https://thecreditunionconnection.com/jack-henry-enhances-financial-performance-suite-with-daily-dashboard/): Cloud-native tool provides daily insights into financial, operational, and performance metrics Jack Henry™ (Nasdaq: JKHY) is pleased to announce a new Daily Dashboard available for its Financial Performance Suite (FPS), a fully hosted, cloud-native platform. FPS offers banks and credit unions robust budgeting, financial reporting, board reporting, and profitability analysis. The new Daily Dashboard enhances visibility for financial institutions by providing daily insights into these areas: Financial – Understand month-to-date changes, variance, and key performance indicators, with the ability to drill down to the account level to discover what drives the changes. Performance – A snapshot of loans and deposits, with tools […] - [Members First CU to Match Up to $20,000 in Donations to the Affordable Housing Alliance](https://thecreditunionconnection.com/members-first-cu-to-match-up-to-20000-in-donations-to-the-affordable-housing-alliance/): Members First Credit Union (M1) is excited to announce the launch of its “Bringing Joy Home- Your Donation Matched campaign,” aimed at addressing the urgent issue of affordable and attainable housing in Midland County. In partnership with the nonprofit Affordable Housing Alliance of Midland County (AHA), this campaign aims to amplify the impact of community donations by matching them dollar-for-dollar, up to $20,000. According to recent statistics, 1 in 4 renters in Midland County struggle to afford housing, often spending over 50% of their income on rent alone. 2 This financial strain forces families to make difficult budget trade-offs, impacting […] - [Alkami Awards Industry-Leading Financial Institutions for Innovation in Digital Banking Excellence](https://thecreditunionconnection.com/alkami-awards-industry-leading-financial-institutions-for-innovation-in-digital-banking-excellence/): Recognizing visionary financial institutions shaping the future of banking through progressive digital strategies Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced as a part of its 2024 Co:lab programming, the four honorees of the company\’s annual FIsionaries™ Awards that highlight innovative initiatives through Alkami\’s FIsionaries™ podcast. Sponsored by Alkami and hosted by financial services influencer Jim Marous, the podcast shines a light on financial institutions at the bleeding edge of digital transformation. \”This visionary podcast talks directly to regional and community financial institutions about the digital transformation process in all […] - [SRM Announces Partnership with Filene Research Institute to Support the Next Generation of Credit Union Member Growth](https://thecreditunionconnection.com/srm-announces-partnership-with-filene-research-institute-to-support-the-next-generation-of-credit-union-member-growth/): SRM (Strategic Resource Management, Inc.), a trusted advisory firm serving financial institutions globally, announced its partnership with Filene Research Institute to sponsor their newest Center of Excellence (CoE), “The Next Generation of Member Growth.” Through this partnership, SRM aligns itself with the most trusted name in credit union research. This initiative will yield the sixth Center of Excellence supported by Filene Research Institute at universities across the U.S. It will be driven by a combination of research fellows, executives from leading credit unions, and Filene staff, and will be operational by July of this year. The Center of Excellence will […] - [Palmetto Citizens FCU Deepens Partnership with NCR Atleos to Include Allpoint ATM Network](https://thecreditunionconnection.com/palmetto-citizens-fcu-deepens-partnership-with-ncr-atleos-to-include-allpoint-atm-network/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.3 billion-asset Palmetto Citizens Federal Credit Union has selected Atleos’ Allpoint Network to deliver more convenience and choice to their members’ banking experience. Palmetto Citizens serves more than 83,000 members in communities across South Carolina. The credit union has an existing successful partnership with Atleos for ATMs and wanted to expand the partnership to widen access for their members. By joining Atleos’ Allpoint Network, the credit union will plug into a network of over 55,000 ATMs to provide […] - [2024’s Turn on the Merry-go-round of Marijuana Banking](https://thecreditunionconnection.com/2024s-turn-on-the-merry-go-round-of-marijuana-banking/): By David Baumann, Editor, Washington CU Daily Pardon me if you’ve heard this before: Democratic senators say that marijuana banking legislation remains a high priority for them. That’s what they’ve been saying for several years, and so far, nothing has happened. Once again, on April 9, Senate Majority Leader Charles Schumer, D-N.Y., sent a letter to colleagues outlining the chamber’s priorities for the coming months. Marijuana banking legislation was included in that laundry list. However, as in the past, Schumer delivered a warning. Schumer said bipartisanship and compromise are the only ways to get things done with a divided government. […] - [Annual Charitable Promotion from Affinity Plus Federal Credit Union Helps Generate Big Results for Special Olympics Minnesota](https://thecreditunionconnection.com/annual-charitable-promotion-from-affinity-plus-federal-credit-union-helps-generate-big-results-for-special-olympics-minnesota/): Annual “jumpstart” campaign spurs more than 2,100 Minnesotans to take the Polar Plunge Affinity Plus Federal Credit Union (Affinity Plus) announced today that more than 2,100 Polar Plunge participants took advantage of the credit union’s charitable promotion offer to get a $50 donation toward their $75 fundraising minimum, simply by signing up using its custom promo code. Plungers that used the code AFFINITYPLUS at registration went on to collectively raise nearly $600,000 for Special Olympics Minnesota this year. As part of this promotion, Affinity Plus will make a direct donation to the organization for more than $100,000. All funds will […] - [University Credit Union Levels Up Student Support with Innovative NIL Deal for Saint Mary\'s College Student-Athletes](https://thecreditunionconnection.com/university-credit-union-levels-up-student-support-with-innovative-nil-deal-for-saint-marys-college-student-athletes/): Gaels Gain a Financial Edge with \”Champions\” Program University Credit Union (UCU), a financial institution built by the university community for the university community,  announced a groundbreaking partnership with Saint Mary\’s College today. This first-of-its-kind NIL (name, image, and likeness) deal extends financial support and educational resources to every member of the men\’s and  women\’s basketball teams at Saint Mary\’s College. This innovative NIL agreement goes beyond simply sponsoring the teams. The partnership offers a comprehensive package designed to empower student athletes on the court, strengthen their financial futures, and support their  community at large. Dubbed the \”Champions\” program, the support […] - [Texans Credit Union Enters a New Era with Bold Redesign](https://thecreditunionconnection.com/texans-credit-union-enters-a-new-era-with-bold-redesign/): Transformation of organization\’s branding assets mark a new trajectory for credit union Texans Credit Union (Texans), a leading financial institution with a 70-year legacy of dedicated service to the North Texas community, proudly unveils its new logo. The redesign represents a bold step forward, embodying the organization\’s commitment to its Texas Instruments (TI) heritage, tradition, innovation and the vibrant spirit of Texas. Since 1953, Texans has been dedicated to enhancing the economic prosperity of its members and the communities they serve. Originating from a group of 11 TI employees who pooled together their savings, \’Texins Credit Union\’ was established to promote […] - [Alkami Hosts First External Hackathon; Celebrates Innovation in Digital Banking](https://thecreditunionconnection.com/alkami-hosts-first-external-hackathon-celebrates-innovation-in-digital-banking/): The company proudly honors TechFin developers recognized for their innovation in digital banking Alkami Technology, Inc. announced the success of its first external TechFin Hackathon, held as part of the Alkami Co:lab 2024 programming. Combining Alkami bank and credit union clients, fintech partners, and system integrators, the event provided a collaborative forum to showcase creativity and develop cutting-edge projects. The hackathon underscores Alkami\’s commitment to having a platform that financial institutions can embrace and extend to provide unique experiences to their account holders to create differentiation to drive innovation in digital banking and services. Participants at Alkami Co:lab were encouraged […] - [The Denver Post Names Sooper Credit Union a Winner of the State of Colorado Top Workplaces 2024 Award](https://thecreditunionconnection.com/the-denver-post-names-sooper-credit-uniona-winner-of-the-state-of-colorado-top-workplaces-2024-award/): Sooper Credit Union (soon to be Climb Credit Union) has been named a 2024 Top Workplace in Colorado by The Denver Post. Receiving this award is based solely on employee feedback gathered through a third-party survey administered by employee engagement partner Energage. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute, to name a few. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That\’s something to be […] - [Greater Texas|Aggieland Marketing Campaigns Earn Pinnacle Awards](https://thecreditunionconnection.com/greater-texasaggieland-marketing-campaigns-earn-pinnacle-awards/): The Cornerstone Marketing and Business Development Council Honored Greater Texas|Aggieland Credit Union with four Pinnacle awards. Greater Texas received awards for its: Community involvement with Manor ISD Little Lockers, which provide books and reading materials to elementary students. Newly redesigned website for Greater Texas and its affiliate Aggieland. Creative assets for GuidePoint, its internal knowledge-based learning platform. Angler’s TV commercial, which generated nearly 2,700 new checking accounts for its subsidiary, Aggieland Credit Union. Pinnacle Awards were given to credit unions that achieved a high level of excellence in creativity and marketing innovation in more than 20 categories, from advertising to […] - [Origence Announces CUES CEO Heather McKissick To Speak At Lending Tech Live](https://thecreditunionconnection.com/origence-announces-cues-ceo-heather-mckissick-to-speak-at-lending-tech-live/): McKissick to share “Leading with Confidence and Unity” message during Women’s Leadership Luncheon. Origence, the leading lending technology solutions provider for credit unions, announces a special Women’s Leadership Luncheon with guest speaker Heather McKissick, CEO of CUES, at this year’s annual Lending Tech Live event scheduled on June 26, 2024, at the Marriot Marquis in San Diego, California. McKissick, the first female CEO for CUES, will share her session “Leading with Confidence and Unity” with attendees registered to attend Lending Tech Live. Guests will learn how to harness their innate confidence, navigate gender dynamics, and foster an environment of support […] - [Union Credit Tops the 2024 Best Places to Work in Financial Technology List](https://thecreditunionconnection.com/union-credit-tops-the-2024-best-places-to-work-in-financial-technology-list/): Fintech startup is recognized for providing employees with a ‘sense of ownership’ in the company Union Credit, the first and only marketplace for credit unions to place firm pre-approved, one-click credit offers at the point of purchase, announced today it placed first among the 2024 Best Places to Work in Financial Technology. The awards program was created in 2017 and is a project of Arizent and Best Companies Group. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry across the United States. Companies recognized on this year’s list […] - [Indianapolis Star Names Indiana Members Credit Union A Winner Of The Central Indiana Top Workplaces 2024 Award](https://thecreditunionconnection.com/indianapolis-star-names-indiana-members-credit-union-a-winner-of-the-central-indiana-top-workplaces-2024-award/): Indiana Members Credit Union has been awarded a Top Workplaces 2024 honor by Indianapolis Star Top Workplaces. This list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute, to name a few. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That\’s something to be proud of. In today\’s […] - [Credit Unions and Community Banks Embrace Eltropy\'s AI-Powered Conversations Platform As Delinquencies Rise](https://thecreditunionconnection.com/credit-unions-and-community-banks-embrace-eltropys-ai-powered-conversations-platform-as-delinquencies-rise/): Leading CFIs turn to Eltropy\’s unified Text messaging, AI, and Voice capabilities to improve collections and keep members out of delinquency Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that credit unions and community banks across North America are experiencing major reductions in delinquencies after deploying Eltropy\’s unified text messaging service, AI-powered chatbots, secure video banking, and voice capabilities for collections outreach. The spike in delinquencies has been driven in part by the lending industry extending larger amounts of credit to more borrowers during the pandemic years, based on historically high credit scores and low […] - [Westerra is Proud Partner of the Colorado Rockies](https://thecreditunionconnection.com/westerra-is-proud-partner-of-the-colorado-rockies/): Join us at a game May 7-12 to celebrate Teacher Appreciation Week As a way to say “thank you” for all that teachers do every day, Westerra Credit Union is partnering with the Colorado Rockies for their 2024 baseball season and offering special recognition during Teacher Appreciation Week May 7-12. One deserving, local teacher (selected by Westerra based on hundreds of nominations) will be throwing out the first pitch at the Friday, May 10th Colorado Rockies vs. Texas Rangers baseball game. We encourage Westerra members and Rockies fans to attend and cheer them on and stop by the Westerra table […] - [Illinois Credit Union League Launches Association Health Plan](https://thecreditunionconnection.com/illinois-credit-union-league-launches-association-health-plan/): The Illinois Credit Union League (ICUL), in partnership with Stumm Insurance, a leading provider of employee benefits, is pleased to announce the launch of the Illinois Credit Union League Association Health Plan (AHP). This innovative plan offers small credit unions across Illinois access to comprehensive and affordable group health insurance plan options under one unified program. The plan launched on January 1, 2024, for 29 credit unions with less than 50 employees. To help offset the premiums for participating, Envisant, ICUL’s business subsidiary, made a generous donation to the Illinois Credit Union Foundation for health insurance grants. “We are thrilled […] - [Sooper Credit Union Unveils New Name](https://thecreditunionconnection.com/sooper-credit-union-unveils-new-name/): Sooper Credit Union is proud to announce it will change its name to Climb Credit Union, effective May 28, 2024. Founded in 1951 by a group of King Soopers employees, the credit union now accepts membership from most Colorado residents and serves nearly 40,000 members. “After years of strategic planning, the Board of Directors and credit union leadership came to the decision to undergo a name change. I am incredibly proud of the success Sooper Credit Union has achieved in the past 73 years and I am enthusiastic about the future,” said Board Chair, Adam Williamson. “Our passion to serve […] - [Federal Home Loan Banks Anticipate $1 Billion in Support for Affordable Housing and Community Development Initiatives in 2024](https://thecreditunionconnection.com/federal-home-loan-banks-anticipate-1-billion-in-support-for-affordable-housing-and-community-development-initiatives-in-2024/): The Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), today announced that the FHLBank System expects to provide approximately $1 billion in support for affordable housing and community development initiatives this year. This firmly establishes the FHLBank System as one of the largest sources of private funding for affordable housing in the United States. As part of their mission to provide liquidity and support affordable housing and community development, each FHLBank is required by law to contribute a minimum of 10% of income to its Affordable Housing Program (AHP). Last […] - [TBA Credit Union Awards Four Scholarships to Local Students](https://thecreditunionconnection.com/tba-credit-union-awards-four-scholarships-to-local-students/): Committed to fostering education and community service, TBA Credit Union (TBACU) recently awarded four Invested In Scholarships to local students. The TBA Credit Union Invested In Scholarship was launched in 2019 to help fund continued education for students attending college who are committed to volunteerism. This year, TBACU has granted scholarships valued at $2,000.00 each to the following students: · Donovan P. of Traverse City Central High School · Julia J. of Grand Valley State University · Mallory L. of Leland Public School · Owen H. of Michigan State University TBACU’s Scholarship Committee, consisting of three TBACU team members, evaluated […] - [PSCU/Co-op Solutions Enters its Next Era as Velera](https://thecreditunionconnection.com/pscuco-op-solutions-enters-its-next-era-as-velera/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization… - [On Tap Credit Union Celebrates 70th Year with Celebration at The Colorado Railroad Museum](https://thecreditunionconnection.com/on-tap-credit-union-celebrates-70th-year-with-celebration-at-the-colorado-railroad-museum/): This past weekend, On Tap Credit Union welcomed members, employees, and board members to their 2024 Annual Meeting at the Colorado Railroad Museum to celebrate 70 years of business! The event featured drinks from a variety of their brewery partners including Tommy Knocker, Coors/Blue Moon, Colorado Native, Holidaily, and Wild Basin. The star of the show was their “Member the Good Ole Days” Kolsch collab brew with FlyteCo that was featured at their year’s Collaboration Fest of which On Tap was the presenting sponsor. The evening of celebration was hosted by business partner, Colorado Railroad Museum, and was loaded with […] - [Suncoast Credit Union Announces Ben Lemoine As New Chief Financial Officer](https://thecreditunionconnection.com/suncoast-credit-union-announces-ben-lemoine-as-new-chief-financial-officer/): Suncoast Credit Union, the largest credit union in Florida, is pleased to welcome Ben Lemoine as chief financial officer and senior vice president. Lemoine comes to Suncoast with more than 18 years of experience in the credit union industry. In his new role, Lemoine will lead all aspects of Suncoast’s financial strategy, oversee the credit union’s finance, accounting and information technology functions, and manage all budgets and financial operations. “Ben possesses a strong combination of strategic experience and insight, financial expertise, and a sincere commitment to serving the credit union industry,” said Kevin Johnson, president and chief executive officer, Suncoast […] - [GTE Financial Celebrates Local Small Businesses With New Business Ambassador Award Grant Program, Awarding Two $5K Grants](https://thecreditunionconnection.com/gte-financial-celebrates-local-small-businesses-with-new-business-ambassador-award-grant-program-awarding-two-5k-grants/): Locally owned and operated credit union GTE Financial focuses on providing financial solutions, personal service, and exceptional value to small businesses. To celebrate local businesses in the Tampa Bay area, the credit union is thrilled to introduce its inaugural Business Ambassador Awards, a grant program dedicated to recognizing businesses that champion community well-being and create a positive impact on local economies. GTE is offering two $5,000 grants to small businesses that have made a positive impact on their community and employees. The deadline to submit is July 1, 2024. \”At GTE Financial, we are beyond excited to recognize the incredible […] - [Texas Trust Backpack Campaign Wins Two Pinnacle Awards](https://thecreditunionconnection.com/texas-trust-backpack-campaign-wins-two-pinnacle-awards/): The Cornerstone Marketing and Business Development Council was impressed enough with the Texas Trust Credit Union Backpack giveaway campaign that it recognized the initiative with two Pinnacle awards. The campaign, created to help parents offset the cost of back-to-school supplies, earned top honors in the public relations/community involvement and special events categories. Texas Trust filled 2,200 backpacks with routine school supplies and gave them away to parents with school-aged children. Various national studies indicate that parents typically spend more than $100 per child on back-to-school supplies. For single parents or families with multiple children, this can create a significant financial […] - [CFPB Takes Action Against Chime Financial for Illegally Delaying Consumer Refunds](https://thecreditunionconnection.com/cfpb-takes-action-against-chime-financial-for-illegally-delaying-consumer-refunds/): Chime withheld account-closure refunds past the promised 14-day timeframe Today, the Consumer Financial Protection Bureau (CFPB) took action against Chime Financial for failing to give consumers timely refunds when their accounts were closed. Thousands of consumers waited for weeks or even months for balance refunds after closing their accounts – a failure that inflicted significant financial harm on consumers who did not have access to critical funds to help make ends meet. In some cases, consumers had to seek expensive forms of credit to cover bills that were due. The CFPB’s order requires Chime to provide at least $1.3 million […] - [PenFed Foundation to Honor Humanitarian and Community Heroes at Celebration of Service Gala](https://thecreditunionconnection.com/penfed-foundation-to-honor-humanitarian-and-community-heroes-at-celebration-of-service-gala/): Renata Parras to receive Mary Boies Humanitarian Award for providing legal services to ensure safe future for Afghan women military allies The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announces the humanitarian and community hero honorees for the 2024 Celebration of Service Gala. The event will bring together military heroes, business and community leaders at the Four Seasons Washington D.C. on May 9. Renata Parras will receive The Mary Boies Humanitarian Award for providing legal services to ensure safe futures for Afghan women military allies. Parras partnered with other law firms to create a legal task force […] - [Cotribute Named Finalist in 2024 Banking Tech Awards USA](https://thecreditunionconnection.com/cotribute-named-finalist-in-2024-banking-tech-awards-usa/): Digital Platform named a finalist in two categories, Best Embedded Finance Solution and Best Community Bank/Credit Union Modernization Cotribute, an award-winning embeddable fintech platform helping community financial institutions grow deposits, loans and memberships, today announced it has been named a 2024 Banking Tech Awards USA finalist in the “Best Embedded Finance Solution” and “Best Community Bank/Credit Union Modernization” categories. Now in its third year, the Banking Tech Awards USA, program produced by Fintech Futures celebrates the nation’s financial services sector and the outstanding achievements and successes of companies, strategic partnerships and individual professionals who have demonstrated exceptional innovation, performance, leadership […] - [SECU Foundation Awards $1.2 Million to Outreach Mission Inc. for Homeless Shelter to Serve Nine Counties](https://thecreditunionconnection.com/secu-foundation-awards-12-million-to-outreach-mission-inc-for-homeless-shelter-to-serve-nine-counties/): SECU Foundation has awarded $1.2 million to Outreach Mission Inc. (OMI) to construct a new 76-bed shelter in Sanford, doubling its capacity to serve the homeless in Anson, Harnett, Hoke, Lee, Johnston, Montgomery, Moore, Randolph, and Richmond counties. OMI provides individuals in need with direct access to housing resources and other critical aid. In 2022, the non-profit served over 21,000 meals, linked 1,600 clients to essential medical or employment services, and sheltered 536 men, women, and children. The new facility will consolidate two existing 100-year-old shelters that consistently remain at capacity, adding 40 beds. “OMI has incredible leaders who are […] - [Glia Recognized by American Banker as a 2024 Best Place to Work in Financial Technology for Third Consecutive Year](https://thecreditunionconnection.com/glia-recognized-by-american-banker-as-a-2024-best-place-to-work-in-financial-technology-for-third-consecutive-year/): Company acknowledged for dynamic, values-driven culture Glia, the leader in customer interaction technology, has been named one of the 2024 Best Places to Work in Financial Technology by Arizent and Best Companies Group for the third year in a row.  This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Glia stood out because of its flexibility, strong core values and commitment to professional development. Because of the talent and dedication of its global team, Glia is helping over 500 banks, credit unions, insurance companies and other financial institutions […] - [Hawaii State FCU Donates $10,000 To Hawaii Homeownership Center](https://thecreditunionconnection.com/hawaii-state-fcu-donates-10000-to-hawaii-homeownership-center/): Hawaii State Federal Credit Union (Hawaii State FCU), in partnership with the Federal Home Loan Bank (FHLB) Member Impact Fund, presented a donation of $10,000 to the Hawaii HomeOwnership Center to support its mission to provide education and information to create successful first-time homeowners in Hawaii. “Hawaii State FCU is committed to enhancing the financial wellbeing of our members and the community through every stage of life,” said Andrew Rosen, president and CEO of Hawaii State FCU. “It is an honor to support the Hawaii HomeOwnership Center, an organization committed to aiding Hawaii’s families in achieving homeownership by creating meaningful […] - [MDT Named a Best Place to Work in Financial Technology for Fifth Consecutive Year](https://thecreditunionconnection.com/mdt-named-a-best-place-to-work-in-financial-technology-for-fifth-consecutive-year/): CUSO recognized for dynamic, fulfilling and inclusive work environment Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced its fifth consecutive recognition as one of the Best Places to Work in Financial Technology by Arizent and Best Companies Group. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized on this year’s list operate in and serve companies and consumers in a wide range of financial services including banking and […] - [$9,000 in Scholarships Awarded to Local Students Pursuing Higher Education](https://thecreditunionconnection.com/9000-in-scholarships-awarded-to-local-students-pursuing-higher-education/): Spero Financial announces the Louis C. Addison College Scholarship Winners for the 2023-2024 academic year. The three $3,000 scholarships are awarded to local students pursuing higher education. Named to honor long-time board member Louis (Lou) C. Addison for his love for helping people, since 2010, the credit union has awarded $126,000 in scholarships to recipients. This year’s scholarship winners are Mikayla Jibben (left), Garrett Bowen (middle), and Parker Bryant (right). Mikayla Jibben currently attends Gardner-Webb University where she is completing her final year before beginning the Osteopathic Medicine doctorate program in July. Mikayla’s passion for pediatric oncology is evident within […] - [State of Louisiana Entrusts $5M CD to LaCorp](https://thecreditunionconnection.com/state-of-louisiana-entrusts-5m-cd-to-lacorp/): Only credit union this round When the Louisiana Department of Treasury auctioned off $60 million in CDs this month, LaCorp was the only credit union to earn these funds. LaCorp was one of 17 financial institutions that received deposits from the state. Using a competitive auction website called BidLouisiana.com, the Treasury awards cash to financial institutions with the highest bids in exchange for CDs.  The program is administered by Louisiana State Treasurer John Fleming.  With the state earning a competitive market rate of 5.16%, LaCorp and the other financial institutions that issued the CDs are also reaping the benefits, gaining […] - [Ohio Credit Union Leaders Recognized for Exemplary Contributions to Movement](https://thecreditunionconnection.com/ohio-credit-union-leaders-recognized-for-exemplary-contributions-to-movement/): The Ohio Credit Union League recently recognized several outstanding Ohio credit union… - [Agencies Issue Proposal on Incentive-Based Compensation](https://thecreditunionconnection.com/agencies-issue-proposal-on-incentive-based-compensation/): The Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Federal Housing Finance Agency (FHFA), have adopted a Notice of Proposed Rulemaking (NPR) to address incentive-based compensation arrangements, as required under section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (section 956). The National Credit Union Administration (NCUA) is expected to take action on the NPR in the near future. The U.S. Securities and Exchange Commission (SEC) has included a rulemaking to implement section 956 on its rulemaking agenda. This NPR is intended to advance stakeholder engagement needed to develop […] - [CFPB Takes Action to Require National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency to Pay More than $5 Million for Student Loan Servicing Failures](https://thecreditunionconnection.com/cfpb-takes-action-to-require-national-collegiate-student-loan-trusts-and-pennsylvania-higher-education-assistance-agency-to-pay-more-than-5-million-for-student-loan-servicing-failures/): The defendants ignored student loan borrowers seeking payment relief, including during the COVID-19 national emergency The Consumer Financial Protection Bureau (CFPB) today took action against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA) for multi-year servicing failures. The National Collegiate Student Loan Trusts purchase and securitize student loans, and PHEAA services the loans. The CFPB alleges that the defendants failed to respond to borrowers seeking relief from student loan payments, including during the COVID-19 national emergency. The CFPB today filed proposed stipulated final judgments, which, if entered by the court, would require the National Collegiate […] - [Board Reschedules May Meeting](https://thecreditunionconnection.com/board-reschedules-may-meeting/): The National Credit Union Administration Board has rescheduled its May open meeting, originally set for Thursday, May 16. The open meeting will now take place on Wednesday, May 22, and will begin at 10 a.m. Eastern. Information about NCUA Board meetings, including open results and agendas, is posted on NCUA’s website. - [SECU Foundation Awards MemoryCare $250,000 to Expand Dementia Care in Rural Western North Carolina](https://thecreditunionconnection.com/secu-foundation-awards-memorycare-250000-to-expand-dementia-care-in-rural-western-north-carolina/): SECU Foundation has awarded $250,000 to MemoryCare for the programmatic expansion of dementia care and in-home clinical and care management services in rural Western North Carolina. The expansion at its Haywood County site will provide support for an additional 130 individuals living with Alzheimer’s and other cognitive impairments, along with 300 caregivers, on an annual basis. This grant follows two previous awards that SECU Foundation provided to the non-profit to address the health and well-being of the people living in this 18-county region. The Foundation’s first award of $1.8 million in 2016 helped MemoryCare build a facility to address the […] - [Q1 2024 US Bankruptcy Filings Continue Upward Trend](https://thecreditunionconnection.com/q1-2024-us-bankruptcy-filings-continue-upward-trend/): Data Shows Bankruptcies on the Rise Since 2022 Despite continued strong economic indicators, data observed by risk management firm G2 Risk Solutions (G2RS) show bankruptcy conditions that belie the current economic picture. Bankruptcy filings have continued to increase over the last two years, and G2RS analysts expect the trend to continue through 2024. The first quarter of 2024 saw a 16.2% increase in bankruptcy filings compared to the same period in 2023. This marks another significant annual increase, a trend that G2RS analysts have been watching since 2022. Between 2022 and 2023, G2RS data shows that bankruptcy filings rose 16.5%. […] - [Worldwide Foundation for Credit Unions Launches Fundraising Campaign to Support Ukraine War Veterans](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-launches-fundraising-campaign-to-support-ukraine-war-veterans/): WFCU President Mike Reuter seeks to raise $500,000 for effort after visit to veteran’s association in Ukraine An April visit to Ukraine prompted Worldwide Foundation for Credit Unions (WFCU) President Mike Reuter to launch a new fundraising campaign to raise $500,000 for a credit union lending program aimed at providing accessible business loans to Ukrainian veterans and their families.  To be launched through WFCU’s Project Storm Break initiative and in partnership with the USAID/WOCCU Credit for Agriculture Producers (CAP) Project, the Venerate Ukraine’s Veterans Program comes after Reuter spent a week in Ukraine visiting credit unions, program beneficiaries and House […] - [$20 Billion in Greenhouse Gas Reduction Fund Grants Announced](https://thecreditunionconnection.com/20-billion-in-greenhouse-gas-reduction-fund-grants-announced/): The Environmental Protection Agency announced its selections for $20 billion in grant awards for the… - [SDCCU Honored as Gold and Silver Stevie® Award Winners in 2024 American Business Awards®](https://thecreditunionconnection.com/sdccu-honored-as-gold-and-silver-stevie-award-winners-in-2024-american-business-awards/): Global awards program recognizes the achievements and positive contributions of organizations and working professionals San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally owned financial institutions, was recognized with Gold and Silver Stevie Awards in the 22ndAnnual American Business Awards, which honors the achievements and positive contributions of organizations and working professionals. SDCCU was selected for a Gold Stevie for its SDCCU Stuff the Bus campaign in the Communications/PR Campaign of the Year – Corporate Responsibility category, and a Silver Stevie for its SDCCU Lift Up Literacy campaign in the Communications/PR Campaign of the Year – Community […] - [Leaders Learn, Engage, and Champion Financial Health & Wellbeing for Members](https://thecreditunionconnection.com/leaders-learn-engage-and-champion-financial-health-amp-wellbeing-for-members/): ‘CU FinHealth24’ Spotlights Credit Unions’ Measurable Impact on Financial Insecurity Nearly 200 financial education practitioners from credit unions and partner organizations came together this week for three days during CU FinHealth24 in Aurora, CO to learn, engage, and deep-dive into what it means to holistically serve members with financial health-and-wellbeing solutions that transform lives. You can view conference photos here! Additionally, view daily event posts at #CUFinHealth24 (LinkedIn). Co-hosted by the California and Nevada Credit Union Leagues, National Credit Union Foundation (NCUF), and Cornerstone Foundation at the Gaylord Rockies Resort and Convention Center from April 29 – May 1, this […] - [TruStage Ventures’ Sam Das Is Excited About Credit Union & Fintechs’ Future](https://thecreditunionconnection.com/trustage-ventures-sam-das-credit-union-fintech-partners/): As more consumers expect their banking services to use technology to make banking quicker and easier to do, credit unions have been increasingly turning to fintechs for help. However, it can be difficult to find the right fintech partner for your credit union, one that will help your organization achieve its goals. Sarah Snell Cooke, co-founder of The Credit Union Connection, sat down and asked him everything you wanted to know about credit union and fintech partnerships but were afraid to ask. TruStage Ventures Managing Director Sam Das shared what credit unions should be looking for when considering fintech partners […] - [Five Credit Unions Announce Promotions and One Credit Union Employee Recognized With Credit Union Spirit Award](https://thecreditunionconnection.com/five-credit-unions-announce-promotions-and-two-credit-unions-recognize-their-employees/): Maine State Credit Union announces the promotion of two of its employees, Alliant Credit Union announced the appointment of four members to its Board of Directors, and an employee of Members First Credit Union was recognized with a Credit Union Spirit Award. New Hires Corporate Central proudly welcomes Mari Sommer as the newest addition to its team, assuming the role of Marketing and Events Coordinator. With a commitment to elevating the Corporate Central brand, Sommer brings her experience with strategic marketing and dynamic event coordination to the forefront. Sommer’s responsibilities will encompass a pivotal role in shaping Corporate Central’s identity […] - [Minnesota Credit Union Network Board of Directors Elects New Leadership ](https://thecreditunionconnection.com/minnesota-credit-union-network-board-of-directors-elects-new-leadershipnbsp/): The Minnesota Credit Union Network (MnCUN), the state’s trade association for credit unions, announced the results of its Board of Director election at its annual business meeting held April 18 at Mystic Lake Center in Prior Lake.  Jay Gostonczik, President & CEO of SouthPoint Financial Credit Union, Dave Larson, President & CEO of Affinity Plus Federal Credit Union, and Mary Matheson, President & CEO, Wakota Federal Credit Union, were elected to three-year terms to the MnCUN Board of Directors.  Larson and Gostonczik were elected in the at-large category, and Matheson was elected to the 10,000 or fewer member seats category. […] - [Clutch Partners with Dakota Credit Union Association to Revolutionize Consumer Banking](https://thecreditunionconnection.com/clutch-partners-with-dakota-credit-union-association-to-revolutionize-consumer-banking/): Clutch, a leading fintech platform specializing in omni-channel consumer loan and deposit account opening solutions exclusively for credit unions, proudly announces its strategic partnership with the Dakota Credit Union Association (DakCU). Clutch is a Credit Union Service Organization (CUSO) that boasts a robust portfolio of more than 110 clients. They specialize in transforming credit unions into forward-thinking FinTechs, utilizing their solid financial foundations to provide responsible lending and deposit account creation for millions across America. Clutch has garnered significant investment from distinguished entities such as TruStage Ventures, Andreessen Horowitz, and Curql. Founded by Nicholas Hinrichsen and Chris Coleman, both Stanford […] - [Alloya Appoints Tracy Lafferty as CEO of QCash Financial](https://thecreditunionconnection.com/alloya-appoints-tracy-lafferty-as-ceo-of-qcash-financial/): Alloya Corporate FCU announced today that Tracy Lafferty has been named the Chief Executive Officer of QCash Financial, LLC, a wholly owned credit union service organization (CUSO) of Alloya. Effective immediately, Lafferty replaces Seth Brickman. “All businesses go through a life cycle, which can require a different leadership style at each phase,” said Todd Adams, CEO of Alloya. “Over the past three years, Seth and his team have led QCash through a period of significant growth and have greatly raised awareness within the credit union community about the value of equitable and inclusive lending delivered through an innovative mobile technology […] - [Greylock Welcomes Michael A. King, Senior Vice President, Chief Financial Officer](https://thecreditunionconnection.com/greylock-welcomes-michael-a-king-senior-vice-president-chief-financial-officer/): Following an extensive search, Greylock Federal Credit Union has announced the hiring of Michael A. King, CPA, as Senior Vice President, Chief Financial Officer. King brings extensive banking and finance experience in budgeting, forecasting, financial reporting and analysis, capital and liquidity management, plus team development and management. “We are excited to have a person with Mike’s skills and background join the Greylock family,” said President and CEO John L. Bissell. “His experience and depth of knowledge make him a welcome addition to our leadership team.” As a member of the senior management team, King is responsible for assisting the overall […] - [Florida Governor Ron DeSantis Signs Bill Empowering Credit Unions as Public Depositories](https://thecreditunionconnection.com/florida-governor-ron-desantis-signs-bill-empowering-credit-unions-as-public-depositories/): On Thursday, the League of Southeastern Credit Unions (LSCU) and Florida credit union leaders were honored to stand with Governor Ron DeSantis as he signed historic credit union priority legislation, House Bill 989, into law. This legislation designates credit unions as public depositories, a transformative step that opens up new avenues for credit unions, enabling them to conduct business with certain public entities. “Many credit unions across Florida actively collaborate with public entities through various events and financial literacy education,” emphasized Christopher Hodge, LSCU’s Senior Director of Governmental Affairs for Florida. “Now, this law empowers credit unions to accept deposits from some of […] - [Jovia Financial Credit Union Launches  Lending Credit Union Service Organization (CUSO)](https://thecreditunionconnection.com/jovia-financial-credit-union-launches-nbsplending-credit-union-service-organization-cuso/): New CUSO offers outsourced commercial underwriting, compliance and other back-office services for financial institutions seeking to grow and manage their commercial real estate portfolio.  Jovia Financial Credit Union, one of the country’s top 100 credit unions, has launched a new offering, Jovia Commercial Lending LLC, a Credit Union Service Organization (CUSO) to support credit unions and community banks seeking to manage and/or expand their commercial real estate lending services. Jovia Commercial Lending will support multiple back-office functions for credit unions and financial institutions from across the nation.   Building commercial lending operations have many complexities and take time and expertise […] - [MeridianLink Recognized for Achievement in Product Innovation in 2024 American Business Awards](https://thecreditunionconnection.com/meridianlink-recognized-for-achievement-in-product-innovation-in-2024-american-business-awards/): MeridianLink’s innovative partnership with FedChoice Federal Credit Union celebrated by leading industry awards program MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced it was named a winner in the Achievement in Product Innovation category of the 22nd Annual American Business Awards®, also known as the Stevie® Awards. MeridianLink®, which provides industry-leading account opening, consumer lending, member engagement, and business intelligence capabilities, was recognized for its partnership with FedChoice Federal Credit Union. “It’s a great honor to be recognized for product innovation along with FedChoice among such a distinguished […] - [WOCCU Stresses Link Between Proportional Regulations and Financial Inclusion in Letter to G20 Leaders](https://thecreditunionconnection.com/woccu-stresses-link-between-proportional-regulations-and-financial-inclusion-in-letter-to-g20-leaders/): International Advocacy also urges support for policies that increase financial literacy, bridge digital divide World Council of Credit Unions’ (WOCCU) is urging the G20 to adopt language in its 2024 Leaders’ Declaration that embraces a proportional tailoring of regulations that will enable credit unions to continue increasing financial inclusion across the globe.  WOCCU International Advocacy made its recommendations in an April letter to Brazil’s G20 Presidency, which will hold its Summit in Rio de Janeiro this November. The Summit’s theme of “Building a Just World and a Sustainable Planet” highlights the world’s commitment to fair agreements that promote global economic […] - [SCE Credit Union to partner with Barely Canadian and Comfort Cases for National Foster Care Awareness Month](https://thecreditunionconnection.com/sce-credit-union-to-partner-with-barely-canadian-and-comfort-cases-for-national-foster-care-awareness-month/): For every new account opened in May, the credit union will donate a Comfort Case with a Barely Canadian hoodie to a youth in foster care n honor of National Foster Care Awareness Month, SCE Credit Union (SCE FCU) announced today they will donate a Comfort Case® backpack and Barely Canadian hoodie to youth in foster care for every new account opened in May. Donations will be made through nonprofits helping and supporting children in foster care, including Echoes of Hope, Kidsave and Foster Nation, among others. This announcement expands SCE FCU’s investment in the community following a $1 million, […] - [Alliant Credit Union Recognized With Double Gold Status At The 2024 American Business Awards](https://thecreditunionconnection.com/alliant-credit-union-recognized-with-double-gold-status-at-the-2024-american-business-awards/): All digital credit union receives distinction for excellence in mobile app innovation and overall company performance. Alliant Credit Union, a leader in digital banking and one of the largest credit unions in the nation, received Gold Status Stevie Awards at the 2024 American Business Awards. Alliant earned top honors in two categories, Company of the Year – Banking and Mobile App – Financial Services/Banking. Alliant earned top distinction for its commitment to technological innovation and user-centric design with its cutting-edge mobile banking application in the Mobile App – Financial Services/ Banking category. Furthermore, Alliant affirmed its position as a leader […] - [AKUVO Names New Customers After Exceptional Quarter of Growth, Adding 17](https://thecreditunionconnection.com/akuvo-names-new-customers-after-exceptional-quarter-of-growth-adding-17/): AKUVO, a technology organization that specializes in collections and credit risk, signed 17 new financial institutions to the AKUVO Platform during the first quarter of 2024. They represent more than $25 billion in assets and serve nearly 2 million consumers. Many financial institutions said they are converting to the AKUVO Platform to leverage the solution’s playbooks, which can automate processes and procedures, even those handled by third parties. AKUVO playbooks can also provide collectors with required and/or recommended next steps, in real time, based on borrower behavior. Other customers said they chose AKUVO for the solution’s third-party connectivity and ability […] - [North Island Credit Union Foundation Awards 10 Scholarships to College-Bound San Diego and Riverside County Students](https://thecreditunionconnection.com/north-island-credit-union-foundation-awards-10-scholarships-tocollege-bound-san-diego-and-riverside-county-students/): North Island Credit Union Foundation has awarded 10 scholarships of $1,000 each to college-bound students in San Diego and Riverside Counties in its annual College Scholarship Program. Through the program, North Island Credit Union Foundation recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. “We were excited to see so many promising students participate in our program this year, and hope these scholarships will make the road to a college education just a little bit easier,” said North Island Credit Union Foundation President Marvel Ford. “We are […] - [GTE Financial Wins Bronze Stevie® Award At 2024 Stevie Awards For Customer Service Department Of The Year](https://thecreditunionconnection.com/gte-financial-wins-bronze-stevie-award-at-2024-stevie-awards-for-customer-service-department-of-the-year/): GTE Financial is proud to announce its Member Care Team won a Bronze Stevie® Award for Customer Service Department of the Year at the 18th annual Stevie Awards for Sales and Customer Service. GTE\’s customer service department, the Member Care Team, is an empowered group of employees actively engaged in their growth and development, department, organization, and community. The Member Care Team takes ownership and accountability for creating an environment that drives innovation to deliver a remarkable member experience. Each employee is an owner of this experience and is committed to the success of GTE members. \”We are honored to […] - [Topline Financial Credit Union and Anoka Hennepin Credit Union Announce Proposed Merger Plan](https://thecreditunionconnection.com/topline-financial-credit-union-and-anoka-hennepin-credit-union-announce-proposed-merger-plan/): Anoka Hennepin Members to Join the TopLine Family TopLine Financial Credit Union and Anoka Hennepin Credit Union, both Twin Cities-based member-owned financial services cooperatives, jointly announce a plan for a proposed merger where Anoka Hennepin Credit Union members would join the TopLine family of members. Both credit unions’ Board of Directors, Chief Executive Officers and leadership teams collectively support the merger as it provides opportunity to serve a broader community with the ability to provide financial services access to more consumers. The proposed merger between and TopLine Financial Credit Union and Anoka Hennepin Credit Union has received preliminary approval by […] - [Summit Credit Union Awards $58,000 in Scholarships](https://thecreditunionconnection.com/summit-credit-union-awards-58000-in-scholarships/): Summit Credit Union is pleased to announce awarding $58,000 in scholarship grants for fall 2024 and spring 2025 semesters. Sixty-one students were selected based on their academic achievements, their involvement in school, and community- related activities. The scholarship funds will be used towards each recipient’s college-related expenses. Since inception, Summit Credit Union has awarded over $418,000 in scholarships and has helped over 420 students in their pursuit of knowledge. “Thanks to the generosity of Elizabeth ‘Sis’ Hamilton and James ‘Jim’ Hamilton., we are able to continue our college scholarship program. As a credit union, we strongly support the pursuit of […] - [Valley First Credit Union Joins an Initiative to Expand ATM Access for Members ](https://thecreditunionconnection.com/valley-first-credit-union-joins-an-initiative-to-expand-atm-access-for-membersnbsp/): Valley First Credit Union is proud to announce that it has joined the Citi® ATM Community Network to provide enhanced access to cash withdrawal services for over 80,000 valued members. The Citi® ATM Community Network enables members of participating community development credit unions, community banks, and minority-owned banks to make cash withdrawals without a surcharge fee at more than 2,000 Citibank branch ATMs in the United States. \”Valley First is committed to serving the diverse financial needs of our community,\” said Kathryn Davis, President, and CEO of Valley First Credit Union. \”By collaborating with Citi, we are able to expand […] - [Diablo Dog Founder Shares How Travis Credit Union Helped Build His Business](https://thecreditunionconnection.com/diablo-dog-founder-shares-how-travis-credit-union-helped-build-his-business/): Small business play an important role in the community. They help keep the local economy going as well as bring people closer together. Diablo Dog is one such small business, and one that needed help when the time came to open up a storefront and get the supplies needed for dog training and grooming services. Sarah Snell Cooke, co-founder of The Credit Union Connection, talked with Travis Credit Union VP of Business Lending Shane Knighton and Diablo Dog Founder Matt Heikkila to discuss how small business lending is beneficial to credit unions as well as the small businesses and communities […] - [Worldwide Foundation for Credit Unions to Welcome 25 New ICUDEs](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-to-welcome-25-new-icudes/): Four continents represented in Class of 2024 Worldwide Foundation for Credit Unions (WFCU) on July 23 will recognize 25 awardees from four continents as the International Credit Union Development Educator (ICUDE) Class of 2024 at the Global DE Social event held in conjunction with the 2024 World Credit Union Conference (WCUC 2024) in Boston (USA). A diverse group of professionals from across the international credit union movement met the four required criteria to qualify for this unique designation.  The ICUDE Class of 2024 is comprised of:  Africa  Triza Magreta, MUDI Savings and Credit Cooperative (Malawi)  Bernand Bingab, UEW Credit Union/Ghana […] - [UMassFive Collecting Personal Care Items for Local Survival Centers](https://thecreditunionconnection.com/umassfive-collecting-personal-care-items-for-local-survival-centers-1/): During the month of May, the Hadley, Northampton, and Springfield Mercy Medical Center Branches of UMassFive College Federal Credit Union (UMassFive) are holding a Personal Care Items Drive to benefit the pantries of the Amherst Survival Center, Northampton Survival Center, and The Gray House. Items collected will be provided, for free, to our neighbors in need. “We know that the economy has created challenges for many families in balancing how they will afford basic needs like food with other basic needs like personal care items,” says Cait Murray, Community Outreach Manager at UMassFive. “Our goal in supporting the personal care […] - [Voices for Children of Brazos Valley Receives $10,000 Gift from Aggieland Credit Union](https://thecreditunionconnection.com/voices-for-children-of-brazos-valley-receives-10000-gift-from-aggieland-credit-union/): Voices for Children of Brazos Valley (VFC) ended Child Abuse Awareness month on a high note, receiving a financial gift of $10,000 from Aggieland Credit Union. The credit union, a long-time supporter of VFC, presented a check to Amy Faulkner, executive director of VFC, during the April 27 Texas A&M-Georgia baseball game. The game marked the sixth annual Go to Bat for CASA night in which Aggieland Credit Union has donated money to VFC with the final amount based on the performance of the Aggie baseball team. VFC trains and provides Court Appointed Special Advocates (CASAs) to represent children in […] - [CFPB Highlights the Hidden Costs of Health Savings Accounts](https://thecreditunionconnection.com/cfpb-highlights-the-hidden-costs-of-health-savings-accounts/): Many HSAs suffer from low interest rate yields and junk fees to switch The Consumer Financial Protection Bureau (CFPB) today released a report detailing the complex costs and fees that many consumers with health savings accounts are forced to pay. There were approximately 36 million health savings accounts in 2023 – holding more than $116 billion. These accounts provide tax benefits to help offset the costs of high deductible health plans. However, these benefits are being offset by charges like monthly maintenance fees, paper statement fees, outbound transfer fees, and account closure fees. Today’s report is part of the CFPB’s continuing […] - [CDFI Title VI Compliance Worksheet Webinar Available!](https://thecreditunionconnection.com/cdfi-title-vi-compliance-worksheet-webinar-available/): On April 11, 2024, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and Office of Civil Rights and Equal Employment Opportunity (OCRE) conducted a live webinar to assist organizations in understanding the requirements of the CDFI Fund’s Title VI Compliance Worksheet. This webinar covered the elements of the Worksheet, including Civil Rights Complaints, Notice of Rights, Language Assistance Plan, Sub-Recipient Communication and Board Composition. There was also a live Question and Answer session at the end of the webinar. The recorded webinar is available on the CDFI Fund webpage under the “CDFI Fund Non-Discrimination and […] - [Newly Built Texas Trust Credit Union Branch Opens in Southwest San Angelo](https://thecreditunionconnection.com/newly-built-texas-trust-credit-union-branch-opens-in-southwest-san-angelo/): The intersection of FM 2288 and Sherwood Way is home to a new Texas Trust Credit Union branch, located in the H-E-B shopping center. Community leaders from the city, chamber, and multiple civic organizations joined credit union executives as Texas Trust officially opened the branch and unveiled Shearwood, a new addition to San Angelo’s “ewe” sculptures. Managed by Heather Collier, the credit union provides residents of San Angelo and Tom Green County a range of financial products and services designed to help them achieve a brighter financial future. The branch has a number of bilingual employees to serve Spanish-speaking members. […] - [U.S. Senate Federal Credit Union Wins Titanium Award for Outstanding Mortgage Production in 2023](https://thecreditunionconnection.com/us-senate-federal-credit-union-wins-titanium-award-for-outstanding-mortgage-production-in-2023/): U.S. Senate Federal Credit Union (USSFCU) proudly announces that it has been awarded the Credit Union Mortgage Association\’s (CUMA) Titanium Award for its outstanding mortgage loan production in 2023. This prestigious award places USSFCU at the forefront of the industry, recognizing its achievement of over $40 million in mortgage loans, including first mortgages and refinancing. The CUMA Titanium Award is not just a testament to USSFCU\’s financial achievements but also underscores its commitment to superior service and member satisfaction. As CUMA notes, the award signifies that the USSFCU Mortgage Team is \”the best of the best,\” known for their high […] - [Royal Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition](https://thecreditunionconnection.com/royal-credit-union-named-diamond-awards-recipient-amid-record-breaking-competition/): Royal Credit Union (Royal) was among 168 credit unions nationwide named as winners of prestigious Diamond Awards – the Marketing & Business Development Council’s annual marketing excellence competition. Royal received the two following recognitions: Content Marketing Diamond Award for Royal’s Money Donuts podcast. Money Donuts podcast promotes awareness of Royal’s products and services by sharing educational and informative content, often from subject matter expert Royal team members. The podcast is available on all podcast platforms and full videos can be found on Royal’s YouTube channel. Royal also was awarded a Video Non-Commercial Single Diamond Award for their video featuring their […] - [Registration Open for May 22 NCUA Federal Funding Resources Webinar](https://thecreditunionconnection.com/registration-open-for-may-22-ncua-federal-funding-resources-webinar/): Credit unions interested in potential sources of federal funding, including the Community Development Revolving Loan Fund, can get valuable information from a May 22 National Credit Union Administration webinar. Online registration for this webinar, “Utilizing SAM.gov and Grants.gov for Additional Funding Sources,” is now open. The webinar will cover two of the federal government’s online resources: the System for Award Management and Grants.gov. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Staff from the NCUA’s grants team will cover the following topics: The purpose of SAM.gov and getting started with registration, […] - [Aloha Pacific Federal Credit Union Chooses PSCU/Co-op Solutions for Card Processing Services and Support](https://thecreditunionconnection.com/aloha-pacific-federal-credit-union-chooses-pscuco-op-solutions-for-card-processing-services-and-support/): PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced its partnership with Aloha Pacific Federal Credit Union (APFCU) to provide credit and debit card processing services and support. Founded in 1936 and headquartered in Honolulu, Hawaii, the credit union was established by a united group of city and county employees. Today, APFCU maintains a strong commitment to serving its more than 65,000 members and advancing its mission of building relationships for future generations. With 10 branches across the islands and Las Vegas and more than $1.2 billion in assets, […] - [United Federal Credit Union Celebrates Ribbon Cutting at Ninth Location in Nevada](https://thecreditunionconnection.com/united-federal-credit-union-celebrates-ribbon-cutting-at-ninth-location-in-nevada/): United Federal Credit Union (United) celebrated its continued expansion in Nevada with the opening of its Minden branch on April 30 with a ribbon-cutting ceremony. The branch, located at 1647 US Highway-395, is United’s ninth location in Nevada. “We are excited to offer existing and new Members in the Minden community a convenient place to engage with our team and learn more about United’s unique products and services,” said Meredith Williams, United’s Regional Vice President in Nevada. “United has proudly served Nevada since 2009, and this new location in Douglas County means we have the opportunity to build on long-standing […] - [Registration Now Open for NCUA Diversity, Equity, and Inclusion Summit July 9–11](https://thecreditunionconnection.com/registration-now-open-for-ncua-diversity-equity-and-inclusion-summit-july-911/): Registration is now open for the National Credit Union Administration’s fifth summit focused on diversity, equity, and inclusion. The in-person event will take place July 9–11, 2024, at the Hilton Minneapolis in Minneapolis, Minn. “The 2024 DEI Summit will allow stakeholders to share their thoughts and best practices on how to advance diversity, equity, and inclusion within the credit union system and at the NCUA,” Chairman Todd M. Harper said. “I encourage all stakeholders to participate in this year’s Summit, deepen their commitment to DEI principles, and draw inspiration from a broad range of talent and perspective.” The theme of […] - [Solarity Surpasses Blood Drive Goal, Filling Critical Need in the Yakima Valley](https://thecreditunionconnection.com/solarity-surpasses-blood-drive-goal-filling-critical-need-in-the-yakima-valley/): Solarity Credit Union teamed up with the Red Cross Yakima Blood Donation Center to host a blood drive to collect desperately-needed units of blood, including power red (concentrated red blood cells). The Red Cross set a goal of 16 units for the credit union’s inaugural blood drive; Solarity members and employees blew past the goal, donating 29 units. \”This donation is remarkable,” said JayAnn Chacon, Donor Recruitment Account Manager with the Pacific Northwest Blood Services Region of the Red Cross. “It’s rare for a first-time location to have such a successful drive, and Solarity exceeded our expectations for sure.” She […] - [Bay Federal Credit Union Now Offering Commercial Real Estate Loans](https://thecreditunionconnection.com/bay-federal-credit-union-now-offering-commercial-real-estate-loans/): Bay Federal Credit Union Now Offers Commercial Real Estate Loans to Businesses and Property Owners Based in Santa Cruz, San Benito, and Monterey Counties Bay Federal Credit Union announced the addition of Commercial Real Estate Loans to their expanding Business Services line. The addition of Commercial Real Estate loans will open the doors for local companies and commercial property owners to achieve their growth and expansion goals. \”We are ready to serve the Central Coast business community with the highly-anticipated Commercial Real Estate loan program. Our local team is familiar with the challenges local businesses face and we created the […] - [Eltropy Takes Center Stage at Over 15 Credit Union Events in Two Months ](https://thecreditunionconnection.com/eltropy-takes-center-stage-at-over-15-credit-union-events-in-two-monthsnbsp/): Demonstrating the power of a Unified Conversations Platform, Eltropy capturing credit union industry’s attention  Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced the company\’s accelerating momentum in the credit union market. Over the next two months, Eltropy will participate in more than 15 credit union events and partner conferences to showcase its industry-leading Unified Conversations Platform. For a list of events Eltropy is attending in May and June, see the Eltropy Events page.  The extensive lineup of upcoming industry events underscores the growing demand for Eltropy\’s platform, which enables credit unions to unify all communications […] - [North Island Credit Union Foundation Presents 2024 Innovation in Education Impact Award to Grossmont Union High School District](https://thecreditunionconnection.com/north-island-credit-union-foundation-presents-2024-innovation-in-education-impact-award-to-grossmont-union-high-school-district/): Classroom of the Future Foundation\’s Innovation in Education program recognizes San Diego County school initiatives modeling the future of K-12 education As the Premier Sponsor of the Classroom of the Future Foundation (CFF), North Island Credit Union Foundation recently presented the organization\’s prestigious 2024 Innovation in Education Impact Award to Grossmont Union High School District for its Patient Care Pipeline Program. In recognition of the award, North Island Credit Union Foundation provided Grossmont Union High School District with $10,000 to support student participation in its Patient Care Pipeline, a unique program that prepares high school students for a variety of healthcare […] - [DakCU Announces Marketing & Communication Awards](https://thecreditunionconnection.com/dakcu-announces-marketing-amp-communication-awards/): Each year, the Dakota Credit Union Association (DakCU) recognizes achievements within our Dakota credit union community by presenting prestigious honors at the Awards Banquet during the annual DakCU Summit. This year, the following Dakota credit unions were recognized for their outstanding accomplishments in the areas of marketing and communication within two asset categories. Complete Marketing Campaign. This award recognizes an outstanding marketing, advertising, public relations, or member outreach or promotion campaign. · Explorers CU, Yankton, SD ($26M to $125M in assets) · First Community CU, Jamestown, ND ($126M and up) Social Media Campaign. This award recognizes a credit union’s use […] - [Kane County Teachers Credit Union Launches BNPL, First in Illinois](https://thecreditunionconnection.com/kane-county-teachers-credit-union-launches-bnpl-first-in-illinois/): Members can now split their eligible debit card purchases to pay over time with new BNPL option. Kane County Teachers Credit Union is excited to announce the addition of Buy Now, Pay Later (BNPL) to its suite of online banking products. With assets over $417 million and a member base of over 26,000, KCT Credit Union is the first in Illinois to offer this innovative solution. Partnering with equipifi, KCT Credit Union becomes the first credit union in Illinois to offer a BNPL solution. This launch will allow KCT members to receive personalized BNPL offers on eligible debit card transactions, […] - [BankSocial® Breaks the Cost Barrier for Banking Payment Solutions - Commercially Launches First Fully Cloud Native Payments for Credit Unions](https://thecreditunionconnection.com/banksocial-breaks-the-cost-barrier-for-banking-payment-solutions-commercially-launches-first-fully-cloud-native-payments-for-credit-unions/): BankSocial® Combines Real-Time Payments Functionality with IBM MQ and Hedera BankSocial® today announced the commercial launch of its unique real-time payments solution for credit unions. \”BankSocial® has uniquely launched the first fully cloud native implementation to connect to the RTP® network from The Clearing House, combining Google Cloud, IBM MQ, and Hedera capabilities,\” said John Wingate, chief executive of BankSocial. \”The result is broad availability of instant payments for even the smallest banks and credit unions, compatible with existing digital banking and core solutions.\” \”We continuously push to bring new services to our members,\” said Elizabeth Osborne, chief operations officer […] - [PenFed Credit Union Wins Two Awards at 30th Annual Communicator Awards](https://thecreditunionconnection.com/penfed-credit-union-wins-two-awards-at-30th-annual-communicator-awards/): PenFed gains recognition in General Finance Services Excellence and General Self Promotion Distinction PenFed Credit Union today announced that its marketing team earned two awards at the annual Communicator Awards. The PenFed Roadshow Video earned accolades in the General Financial Services and General Self Promotion categories. The PenFed Roadshow Video was created to quickly showcase the organization\’s mission and capabilities. It is used to introduce PenFed to new audiences and members and has been featured as part of presentations given by PenFed leaders at top industry events. \”My team and I are always looking for ways to hone our craft […] - [Register Now for NCUA’s June 18 MDI Webinar](https://thecreditunionconnection.com/register-now-for-ncuas-june-18-mdi-webinar/): Learn How MDIs Benefit Their Members and Communities The National Credit Union Administration will host a June 18 webinar highlighting the role of minority depository institutions in expanding access to the underserved, promoting economic growth, and fostering financial inclusion. Online registration for this webinar, “How MDIs Serve Their Communities,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Arlo Washington, People Trust Community Federal Credit Union; Azul Sanchez, Comunidad Latina Federal Credit Union; and Leilani Harpole, Otoe-Missouria Federal Credit Union; will share their experiences helping members and communities. The […] - [Pidgin Partners with Corelation to Enable Real-Time Payments for Credit Unions Nationwide](https://thecreditunionconnection.com/pidgin-partners-with-corelation-to-enable-real-time-payments-for-credit-unions-nationwide/): Pidgin has partnered with Corelation Inc., a fintech offering the next generation of core processing solutions. Pidgin is now a preferred partner with Corelation, and together, the partnership will enable more credit unions to offer real-time payments to their members with Pidgin’s payments ecosystem. Pidgin is designed to be a credit union’s one-stop-shop for smarter, faster, and safer payments. The company’s technology serves as a central connection point to the FedNow Service and other faster payment networks, enabling credit unions to easily deliver instant payment options to their members for a variety of use cases. Pidgin’s platform facilitates the exchange […] - [NCUA Charters Tribe Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-tribe-federal-credit-union/): First Charter Issued Under the Provisional Charter Pilot Initiative The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Tribe Federal Credit Union in Minneapolis. Tribe Federal Credit Union is the first federal credit union to receive a charter under the NCUA’s provisional charter pilot initiative. The provisional charter pilot is one of several recent measures the NCUA has taken to modernize and improve credit union chartering. This pilot allows a credit union’s organizers to obtain a federal credit union charter and provides them 12 months to obtain the capital necessary to begin operations. […] - [Baton Rouge Family Saves Themselves from Drowning in Debt with Opportunity Knocks](https://thecreditunionconnection.com/baton-rouge-family-saves-themselves-from-drowning-in-debt-with-opportunity-knocks/): For too long, many Americans have been tossed aside by the traditional financial services… - [What Does It Take to Be a CFO Today?](https://thecreditunionconnection.com/what-does-it-take-to-be-a-cfo-today/): By LaCorp Anyone who has taken on the role of credit union CFO knows it’s complicated. The banking industry and business strategy as a whole have undergone significant changes, and the role of a CFO has evolved considerably in response to those changes. The bar for educational chops has gone up. A couple of decades ago, being a CFO didn’t require an advanced degree, but every CFO we talked to has an impressive educational as well as professional background. On top of that, CFO candidates need skills that have nothing to do with finance, such as strategic thinking, creativity and […] - [ValleyStar RISE Foundation Raises $45,000 at Annual \"Big Tee Off\" Golf Tournament in Support of Children\'s Miracle Network](https://thecreditunionconnection.com/valleystar-rise-foundation-raises-45000-at-annual-big-tee-off-golf-tournament-in-support-of-childrens-miracle-network/): The ValleyStar RISE Foundation is thrilled to announce the successful wrap-up of its annual golf tournament, the \”Big Tee Off,\” which raised an impressive $45,000 in support of the Children\’s Miracle Network. The event took place on Thursday, May 9, 2024, at the prestigious Chatmoss Country Club in Martinsville, Virginia. Despite the potential for inclement weather, which had a rain date scheduled for Thursday, May 16, 2024, the tournament proceeded as planned and was a remarkable success. The \”Big Tee Off\” was not just a day on the greens but a profound opportunity to make a tangible impact in the […] - [Several Credit Union Announce Promotions and Credit Union Association Presents Awards](https://thecreditunionconnection.com/several-credit-union-announce-promotions-and-credit-union-association-presents-awards/): Credit unions including FORUM Credit Union and Robins Financial Credit Union announced promotions and the Dakota Credit Union Association presented awards during their annual awards banquet. Recognitions Recently retired CEO of Western Cooperative Credit Union (Williston, ND) and a former CEO of Voyage Federal Credit Union (Sioux Falls, SD) were inducted into the Dakota Credit Union Association (DakCU) Hall of Fame during the Annual Summit Awards Banquet that was held on Thursday, May 16, at Grand Falls Casino & Golf Resort in Larchwood, Iowa. The Hall of Fame honor is a lifetime achievement recognition, and the most prestigious of all […] - [UECU and NE PA Community Jointly Announce Intent to Merge](https://thecreditunionconnection.com/uecu-and-ne-pa-community-jointly-announce-intent-to-merge/): Utilities Employees Credit Union (UECU) and NE PA Community Federal Credit Union (NE PA) are excited to announce plans to merge pending regulatory approval and a positive NE PA membership vote. If approved, the combined credit union would serve nearly 62,000 members and employ approximately 130 employees with four locations throughout Eastern Pennsylvania. Both organizations believe that merging the two financially healthy, future-focused credit unions will be a win-win for both the members and community alike. NE PA and UECU are committed to a shared vision of enhancing the member experience, expanding 24/7 services, and strengthening the financial offerings for […] - [Gesa Credit Union Announces Agreement to Acquire Security State Bank](https://thecreditunionconnection.com/gesa-credit-union-announces-agreement-to-acquire-security-state-bank/): Gesa Credit Union and Security State Corporation, the bank holding company of Security State Bank, headquartered in Centralia, Washington, jointly announced today that they have entered into a definitive agreement under which Gesa Credit Union will acquire and assume substantially all of the assets and liabilities of Security State Bank. The pending transaction is subject to regulatory and shareholder approvals and other customary closing conditions and is expected to be completed in 2025. \”Security State Bank has been a steadfast supporter of the communities that we serve for more than 120 years now, and we have earned the trust of both […] - [SchoolsFirst Federal Credit Union Announces Winners of 2024 Member Education Award Scholarships](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-announces-winners-of-2024-member-education-award-scholarships/): Credit Union awarded $184,500 in scholarships to 239 students throughout California and other states SchoolsFirst Federal Credit Union today announced that the Credit Union has awarded $184,500 in college scholarships to 239 students as part of its annual Member Education Award scholarship program for 2024. Launched in 2000, the scholarship program was established to improve the lives of SchoolsFirst FCU Members and invest in their long-term success. Most of the 2024 winners reside in California, with a few students representing other U.S. states. SchoolsFirst FCU presents scholarships each year to eligible high school graduating seniors, college freshmen and college sophomores, […] - [2 Credit Unions Join O2 Consulting Group for Strategic Initiatives That Lean Into Operational Excellence](https://thecreditunionconnection.com/2-credit-unions-join-o2-consulting-group-for-strategic-initiatives-that-lean-into-operational-excellence/): O2 Consulting Group, a provider of strategies and tools to optimize operational performance and… - [NCUA Board Approves Decennial Notice of Regulatory Review; Seeks Comments](https://thecreditunionconnection.com/ncua-board-approves-decennial-notice-of-regulatory-review-seeks-comments/): The National Credit Union Administration Board unanimously approved, by notation vote, a voluntary regulatory review and request for comment to reduce regulatory burden of federally insured credit unions. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years to identify any outdated, unnecessary, or unduly burdensome regulations applicable to insured depository institutions. Although the statute does not apply to the NCUA, in keeping with the spirit of the law, the agency is voluntarily participating along with the federal banking agencies in […] - [Colleging Announces A Custom Education Suite with InFirst Federal Credit Union](https://thecreditunionconnection.com/colleging-announces-a-custom-education-suite-with-infirst-federal-credit-union/): Providing Credit Union Members with Low-Cost Education Finance Options Colleging announced today it launched a custom education suite of products for InFirst Federal Credit Union of Alexandria, VA, and its members. Colleging leverages its proprietary technology and industry experience to create products as individual as each credit union. “Colleging is excited to launch InFirst Federal Credit Union’s new education finance products. We are also honored to support the InFirst Responders Foundation. A foundation committed to supporting first responders and their families,” said Tim Kulesha, COO at Colleging. Mark Hudzik, InFirst FCU’s President and CEO said, “We are thrilled to have […] - [TruWest Credit Union Donates $65,000 to Phoenix Children’s](https://thecreditunionconnection.com/truwest-credit-union-donates-65000-to-phoenix-childrens/): Credit Union Employee & Board Fundraising Efforts Benefit Children’s Miracle Network Hospital TruWest Credit Union is proud to announce a generous donation of over $65,000 to Phoenix Children’s in Phoenix, Arizona. This contribution is comprised of the 2023 donations of credit union employees and board members. The substantial gift includes employee charity payroll donations with over 190 participants, and underscores TruWest’s ongoing commitment to supporting the health and well-being of children in the Phoenix community. The donation will be utilized to fund critical life-saving treatments, healthcare services, innovative research, pediatric medical equipment, and essential programs that ensure every child receives […] - [It’s Your Time to Thrive:  Thrive Financial Empowerment Program by Jovia Financial Credit Union Provides Financial Resources, Education and Banking Access](https://thecreditunionconnection.com/its-your-time-to-thrive-nbspthrive-financial-empowerment-program-by-jovia-financial-credit-union-provides-financial-resources-education-and-banking-access/): Jovia Financial Credit Union is giving its members education, support and financial tools to allow them to Thrive! As one of the country’s top 100 credit unions, Jovia has announced the launch of its Thrive Financial Empowerment Program. Designed to assist qualified members in reaching their financial life goals, Thrive provides a comprehensive financial education platform combined with a suite of services and products created to empower members, nationwide, in their quest for financial health.   At Jovia Financial Credit Union, all members are given the tools and support they need to achieve financial well-being. Thrive takes it a step further […] - [APCU and Center Parc Credit Union Announce 2024 Scholarship Award Winners](https://thecreditunionconnection.com/apcu-and-center-parc-credit-union-announcenbsp2024-scholarship-award-winners/): APCU and Center Parc Credit Union (APCU/Center Parc), is proud to announce eight deserving winners of the 2024 Scholarship Program. The program was designed to reward academic excellence and a commitment of service to the community. The scholarship program was open to graduating high school seniors who are or whose parents, grandparents or legal guardians are members of APCU/Center Parc by the time of entry.  The 2024 Scholarship Award recipients are:  Lacey Zimmerman – Alberton High School Riley Hasenstab – Duluth High School Tia Bethards – Lighthouse Preparatory Academy Avah Allen – Arabia Mountain High School  Madisyn Hill – Rockdale […] - [TransUnion Reports Data Breach Severity Jumped 31% in Q1 2024 — While Unveiling New Personalized Identity Threat Intelligence to Empower Consumers](https://thecreditunionconnection.com/transunion-reports-data-breach-severity-jumped-31-in-q1-2024-while-unveiling-new-personalized-identity-threat-intelligence-to-empower-consumers/): Company’s enhanced identity threat intelligence technology recognized at FinovateSpring conference The severity of data breach risks rose to the highest level in two years during the first quarter of 2024, increasing 31% from the same period last year. TransUnion (NYSE: TRU) unveiled its analysis of data breach trends today at the 2024 FinovateSpring conference where the company’s new identity threat intelligence offerings within its TruEmpower™ solution line were featured as one of the most exciting technologies with real-word applications. TruEmpower’s enhanced BreachIQ capabilities use a proprietary AI algorithm for personalized identity risk assessment. The technology analyzes an individual’s comprehensive data breach history, […] - [VyStar Credit Union Continues Growth in Florida With Opening of Third Branch in Tallahassee](https://thecreditunionconnection.com/vystar-credit-union-continues-growth-in-floridawith-opening-of-third-branch-in-tallahassee/): VyStar Credit Union is proud to announce its Capital Circle location is now open at 3398 Capital Circle NE in Tallahassee, Florida. This is VyStar’s third full-service branch in Tallahassee. In support of its purpose to Do Good, VyStar partners with nonprofit organizations across the communities it serves. VyStar will make a $5,000 donation to the Women Veterans Unite Corporation to celebrate the grand opening of the Capital Circle branch at the ribbon cutting event on June 11. “We’re excited to open our third branch in Florida’s capital,” said VyStar EVP/Chief Operations Officer Chad Meadows. “The Capital Circle branch is […] - [Labor Community Foundation Honors Legacy of Dr. Kevin Jackson with Memorial Scholarship Program](https://thecreditunionconnection.com/labor-community-foundation-honors-legacy-of-dr-kevin-jackson-with-memorial-scholarship-program/): The Labor Community Foundation, the 501(c)(3) nonprofit established by Labor Credit Union, proudly announces the launch of the Dr. Kevin Jackson Memorial Scholarship program. Established in 2023, this scholarship honors the late Dr. Kevin Jackson, who served as Board Chair for Labor Credit Union from 2021 until his passing in the fall of 2023. Dr. Jackson was pivotal in creating the Labor Community Foundation; his legacy continues through this initiative. The Dr. Kevin Jackson Memorial Scholarship program supports students from modest financial backgrounds pursuing higher education in finance, engineering, and Information Technology. This program reflects Dr. Jackson\’s commitment to education […] - [Aequilibrium Develops Groundbreaking VR Training Program for Ent Credit Union](https://thecreditunionconnection.com/aequilibrium-develops-groundbreaking-vr-training-program-for-ent-credit-union/): Aequilibrium announces the launch of a revolutionary virtual reality (VR) training program designed for Ent Credit Union, a leading credit union serving Colorado’s Front Range. This collaboration leverages the latest in VR technology to enhance the skills and effectiveness of Member Service Representatives (MSRs). Ent Credit Union sought to innovate and improve the training experience for its MSRs. Aequilibrium provided a training solution that combines VR and Al to transform the learning process, making it more engaging, realistic, and effective. Traditional role-playing exercises, while beneficial, often suffer from scalability and consistency issues. Recognizing these challenges, Aequilibrium employed an agile methodology […] - [Alabama Credit Unions Celebrate Legislative Wins at Governor Bill Signing](https://thecreditunionconnection.com/alabama-credit-unions-celebrate-legislative-wins-at-governor-bill-signing/): The League of Southeastern Credit Unions (LSCU) and Alabama credit union leaders are proud to announce significant legislative victories achieved during the 2024 session. Among the most notable accomplishments, LSCU and Alabama credit union leaders were honored to stand with Governor Kay Ivey as she signed crucial legislation mandating the titling of All-Terrain Vehicles (ATVs). This new legislation, effective for off-road vehicles manufactured after January 2026, was a top legislative priority for Alabama\’s credit unions. With the full support of Alabama law enforcement, this mandate will enhance the ability to determine ownership, deter theft, and facilitate repossession of ATVs if […] - [Solutions Metrix Partners with Rain Local](https://thecreditunionconnection.com/solutions-metrix-partners-with-rain-local/): Solutions Metrix and Rain Local are partnering to present credit unions with a unified approach to customer relationship management and marketing. Rain Local, a forward-thinking digital marketing company specializing in creating tailored strategies for financial institutions, and Solutions Metrix, a consulting and CRM integration organization, have joined forces as strategic partners in the financial services space. This partnership will help financial organisations navigate digital transformation with best practices and less risk. The partnership addresses a critical market need by offering a comprehensive solution for credit unions. \”The combined service offers credit unions a one-stop shop solution, reducing the number of external […] - [Finastra\'s Ignite! conference emphasizes the importance of agility, mindset and culture as community financial institutions evolve](https://thecreditunionconnection.com/finastras-ignite-conference-emphasizes-the-importance-of-agility-mindset-and-culture-as-community-financial-institutions-evolve/): Takeaways highlight the value of time, technology, and transformation when building an innovation strategy and planning for the future Finastra, a global provider of financial software applications and marketplaces, brought together leaders from community banks and credit unions across the United States for its annual Ignite! customer conference in Orlando. Hosted in late April, the event facilitated interactive working groups between Finastra\’s Universal Banking leadership, subject matter experts, and customers. The conference also featured an executive forum at the start of the event, facilitating productive conversations and brainstorming sessions between top financial institution executives. Addressing attendees during the opening remarks, […] - [4 Trends & 3 Challenges on the Credit Union Leadership Landscape](https://thecreditunionconnection.com/4-trends-amp-3-challenges-on-the-credit-union-leadership-landscape/): Charles Shanley, President/CEO, Shanley Search Partners What financial institutions need from leadership today looks quite different than a few decades — or even just a few years — ago. Meanwhile, workforce and environment changes, as well as lagging tech knowledge, join the ever-growing question of how to connect to younger generations as challenges facing today’s community banks and credit unions. Here are the trends and challenges I see for recruiting leadership at credit unions. 4 Trends in Credit Union Leadership 1.        Evolving leadership styles. Leadership in the financial industry has shifted from authoritative to more collaborative and empathetic in the […] - [Incentive-Based Compensation: Better never than late?](https://thecreditunionconnection.com/incentive-based-compensationnbspbetter-never-than-late/): By David Baumann, Editor, Washington CU Daily Stop me if you’ve heard this one before. On second thought, don’t. For the third time, federal banking regulators have issued a proposed rule governing incentive-based compensation practices at financial institutions. That rule, required under the Dodd-Frank Act, was supposed to be issued in May 2011. The banking regulators, including the NCUA, issued proposed rules in 2011 and 2016, but they were never finalized. The regulators apparently were so fond of the 2016 proposal, that they simply reissued it as a new proposed rule earlier this month. This time, however, the NCUA has […] - [Assets in CAMELS 3 Credit Unions Increase](https://thecreditunionconnection.com/assets-in-camels-3-credit-unions-increase/): NCUA Board Briefed on Share Insurance Fund’s First Quarter Performance The National Credit Union Administration Board held its fourth open meeting of 2024 and received a briefing by the Deputy Chief Financial Officer on the performance of the National Credit Union Share Insurance Fund and its projected equity ratio. The Share Insurance Fund reported a net income of $68.1 million and a net position of $21.6 billion for the first quarter of 2024. The fund’s total assets increased to $21.6 billion at the end of the quarter from $21.0 billion at the end of the fourth quarter of 2023. At […] - [Thrive Financial Empowerment Program by Jovia Financial Credit Union Provides Financial Resources and Banking Access  ](https://thecreditunionconnection.com/thrive-financial-empowerment-program-by-jovia-financial-credit-union-provides-financial-resources-and-banking-access/): Thrive provides a comprehensive financial education platform to empower members in their quest for financial health.   Jovia Financial Credit Union is giving its members education, support and financial tools to allow them to Thrive! As one of the country’s top 100 credit unions, Jovia has announced the launch of its Thrive Financial Empowerment Program. Designed to assist qualified members in reaching their financial life goals, Thrive provides a comprehensive financial education platform combined with a suite of services and products created to empower members, nationwide, in their quest for financial health.   At Jovia Financial Credit Union, all members are given […] - [Westerra Credit Union Celebrates 90 Years of Serving Members and the Community](https://thecreditunionconnection.com/westerra-credit-union-celebrates-90-years-of-serving-members-and-the-community/): This month, Westerra Credit Union celebrates its 90th anniversary as a member-owned, not-for-profit financial institution that was founded by eight teachers with a mission to support their fellow educators. As part of this milestone, Westerra will be reflecting on its rich history through various celebrations throughout the year, including the recent partnership with the Colorado Rockies for Teacher Appreciation Week to recognize the contributions of educators in the Denver metro area. Since 1934, Westerra has been committed to helping all members prosper. It continues to uphold these founding principles while meeting the evolving needs of its diverse membership base. This […] - [Suncoast Credit Union Launches Treasury Management Services](https://thecreditunionconnection.com/suncoast-credit-union-launches-treasury-management-services/): Suncoast Credit Union announces the launch of its treasury management services, offering a suite of commercial products and services including automated clearing house, remote deposit capture, and fraud prevention tools. Through a partnership with Tru Treasury, a leader in treasury management solutions, commercial business members will be able to maximize efficiency and control for payment processes, simplify billing to receive payments faster, improve cash flow, eliminate paper checks, and utilize enhanced fraud protection tools. This partnership underscores our dedication to providing innovative, personalized solutions that empower business members to thrive and remain competitive in today’s dynamic business environment. “Our suite of commercial […] - [Trellance Announces New Suite of Solutions: Analytics Services](https://thecreditunionconnection.com/trellance-announces-new-suite-of-solutions-analytics-services/): The new line of services will aid credit unions to create and execute a roadmap for becoming data driven. Trellance today announced their latest line of technology solutions to help credit unions achieve more, Analytics Services. Analytics Services consists of two main offerings: Strategic Data Analytics Plan and the Adoption & Enablement Program. These offerings support credit unions in meeting data analytics goals, either by creating a roadmap to begin the data journey or by providing training and organizational development to achieve data self-sufficiency. The Strategic Data Analytics Plan enables credit unions to improve return on platform investment and reduce […] - [CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans](https://thecreditunionconnection.com/cfpb-takes-action-to-ensure-consumers-can-dispute-charges-and-obtain-refunds-on-buy-now-pay-later-loans/): Agency\’s interpretive rule addresses Buy Now, Pay Later lender obligations to investigate disputes and refund charges The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers. Accordingly, Buy Now, Pay Later lenders must provide consumers some key legal protections and rights that apply to conventional credit cards. These include a right to dispute charges and demand a refund from the lender after returning a product purchased with a Buy Now, Pay Later loan. The CFPB launched its inquiryinto the rapidly expanding Buy Now, Pay Later market more […] - [Alkami Releases 2024 Generational Trends in Digital Banking Study](https://thecreditunionconnection.com/alkami-releases-2024-generational-trends-in-digital-banking-study/): Study finds that millennials are 56% more likely to grow their relationship with their primary financial institution over the next twelve months than Gen Xers and baby boomers Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) announced today the release of its latest research, the Generational Trends in Digital Banking Study. The study comes amidst what has been called the greatest intergenerational wealth transfer in history, with millennials (defined as those ages 28-44) anticipated to be the nation\’s future wealth holders. With this research, Alkami aims to arm financial institutions with insight into how this generation stands apart from baby boomers, Generation […] - [First Tech Federal Credit Union Awards Over $800,000 in Education Grants to 48 West Coast Nonprofits](https://thecreditunionconnection.com/first-tech-federal-credit-union-awards-over-800000-in-education-grants-to-48-west-coast-nonprofits/): Helping underserved communities build the infrastructure and resources to think creatively, problem-solve and innovate. First Tech Federal Credit Union contributed more than $800,000 to support education initiatives in its local communities, impacting 48 nonprofit organizations and $60,000 in scholarships to 12 First Tech member students. Aligning with First Tech\’s people-before-profits philosophy, the awarded organizations facilitate equitable access to science, technology, engineering, math (STEM), early childhood literacy, and financial education. Charitable giving remains essential as nonprofits continue to operate through challenging economic circumstances. For this year\’s grant cycle, First Tech prioritized allocating funds to nonprofit partners who eliminate educational and learning […] - [Digital Align\'s AlignXcel and UiPath Support Time Saving Efficiencies for Kinecta Federal Credit Union](https://thecreditunionconnection.com/digital-aligns-alignxcel-and-uipath-support-time-saving-efficiencies-for-kinecta-federal-credit-union/): Kinecta Federal Credit Union, with more than 270,000 members nationwide, has streamlined operations and unlocked efficiency with AlignXcel and UiPath. These solutions are provided by Digital Align Inc., a pioneer in credit union and community bank automation solutions, and UiPath, a leading enterprise automation and AI software company. \”Our partnership with Digital Align Inc. has empowered our workforce to prioritize customer experience and engage in high-value business activities instead of repetitive tasks,\” emphasized Raj Bandaru, SVP Chief Information Officer at Kinecta. \”Security, ease of adoption and measurable ROI were key requirements. Digital Align delivered with minimal business disruptions.\” Rajesh Patil, CEO […] - [OUCU Financial Credit Union Selects Tyfone for Banking Platform](https://thecreditunionconnection.com/oucu-financial-credit-union-selects-tyfone-for-banking-platform/): Credit union migrating from Cubus One to nFinia to improve member experiences Digital banking provider Tyfone today announced that OUCU Financial Credit Union(OUCU Financial) in Athens, Ohio, is the first Cubus One Digital Banking customer converting to Tyfone’s nFinia® Digital Banking Solutions. Tyfone and Cubus Solutions merged in 2023. This move will bolster the member digital experience and future-proof the $483 million-asset credit union in digital banking, payments and engagement. “The decision to go with Tyfone is a no-brainer. Our partnership is built on a long-time, trusted relationship with the team, and a foundation of leading-edge technology, solid products and […] - [Vacationer Expenses Rise 7% in 2024 at the New Jersey Shore](https://thecreditunionconnection.com/vacationer-expenses-rise-7-in-2024-at-the-new-jersey-shore/): Affinity Federal Credit Union\’s third annual vacation cost index reveals an increase in prices compared to 2023, with average expenses for typical activities and attractions still on the rise The average price of a Jersey Shore vacation in 2024 has risen by 7 percent according to research from Affinity Federal Credit Union (“Affinity”). While this increase is higher than the 4 percent uptick seen in 2023, it is notably lower than the substantial 16 percent surge between the 2021 and 2022 seasons. The data, which was collected in spring 2024, shows cost increases across various categories related to a memorable […] - [UFCU and Texas State University score a touchdown for Student and Football Success](https://thecreditunionconnection.com/ufcu-and-texas-state-university-score-a-touchdown-for-student-and-football-success/): New on-campus branch and rebranded UFCU Stadium debut this Fall Texas State University and UFCU (University Federal Credit Union) announced a groundbreaking 15-year partnership today by becoming the official Credit Union of Texas State Football and improving the financial lives of the entire Bobcat community by launching a multi-faceted partnership focused on building champions on and off the field. This unique collaboration goes beyond traditional sponsorships, positioning UFCU as the official credit union of Texas State University and Texas State Athletics. The partnership will rebrand Bobcat Stadium as UFCU Stadium this fall and provide a comprehensive suite of resources for the […] - [Overdraft services provide vital value to millions of credit union members](https://thecreditunionconnection.com/overdraft-services-provide-vital-value-to-millions-of-credit-union-members/): By Samantha Beeler, President of LSCU In recent weeks, dangerously mislabeled “junk fees” have been severely mischaracterized by policymakers. Many of them, however, have made the mistake of lumping in overdraft protection services with a litany of unrelated services and fees. Ask the millions of Americans who rely on overdraft protection being readily available to get them through tight spots on the calendar and unexpected emergencies, and they’ll tell you that the service is anything but junk. And the fees that enable their financial institution to offer the service are among the most transparent of any in modern society. Overdraft […] - [Skyla Credit Union Invests in AI CUSO, AviaryAI](https://thecreditunionconnection.com/skyla-credit-union-invests-in-ai-cuso-aviaryai/): Skyla Credit Union today announced a strategic investment and partnership with AviaryAI, the financial industry\’s first AI outbound specialist. Skyla joins other industry leaders, Envisant and Encurage Financial Network, in backing this innovative Credit Union Service Organization (CUSO) that aims to revolutionize member service through AI-powered automation. AviaryAI, a subsidiary of Y-Combinator backed startup, Cambio, leverages custom-built, private Large Language Models (LLMs) to create human-like voice agents that automate outbound calls for credit unions to welcome new members, encourage card activations and more. These agents free up employee time, allowing credit unions to focus on deepening member relationships and driving […] - [Naveo Credit Union collects nearly 100 books to benefit The Massachusetts Coalition for the Homeless and their A Bed for Every Child program.](https://thecreditunionconnection.com/naveo-credit-union-collects-nearly-100-books-to-benefit-the-massachusetts-coalition-for-the-homeless-and-their-a-bed-for-every-child-program/): Naveo Credit Union collected nearly 100 books during the month of April as part of their Children’s Book Drive. Each year, Naveo Credit Union participates in the statewide book drive spearheaded by the Cooperative Credit Union Association (CCUA) to benefit the Massachusetts Coalition for the Homeless. Once again, the CCUA and the Coalition distributed collected books to children who benefit from their A Bed for Every Child program, which provides a bed, mattress and warm bedding items for children within our community who do not have a proper place to sleep at night. Naveo got the word out about their […] - [Securityplus Federal Credit Union to Participate in AFRO News Annual Black Business Expo](https://thecreditunionconnection.com/securityplus-federal-credit-union-to-participate-in-afro-news-annual-black-business-expo/): Securityplus Federal Credit Union is proud to announce its participation in the upcoming Black Business Expo. This premier event, themed “Celebrating Black-Owned Small Businesses”, aligns with the credit union’s commitment to fostering community growth, economic development, and financial empowerment. Hosted by AFRO News, the oldest black-owned business in Maryland, the Black Business Expo is designed to empower the Black entrepreneurial community by providing a unique opportunity for learning, networking, and growth within the Black business ecosystem. “We are excited to be a part of this incredible event,” said Anthony Carpenter, Vice President of Business Services at Securityplus Federal Credit Union. […] - [Robins Financial Credit Union Announces 2024 Scholarship Recipients](https://thecreditunionconnection.com/robins-financial-credit-union-announces-2024-scholarship-recipients/): Robins Financial Credit Union awards $46,000 to 23 high school seniors through their annual scholarship program. Each year as part of their commitment to supporting students within their communities, Robins Financial provides financial assistance to high school seniors looking to pursue a higher education after graduation through their scholarship program. When the program was originally created, scholarships were awarded to individuals seeking to attend a college or university in the State of Georgia. This year, Robins Financial expanded its program to encompass students interested in pursuing education at a technical or trade school in the State of Georgia. Robins Financial […] - [7 additional questions to address for NCUA’s Record Retention ANPR](https://thecreditunionconnection.com/7-additional-questions-to-address-for-ncuas-record-retention-anpr/): Henry Meier, Esq., The Law Office of Henry Meier I would venture a guess that no one who has dabbled in NCUA compliance for more than a year without being quietly confused and bemused by 12 CFR 749, which outlines NCUA’s record preservation requirements and guidelines for federally insured credit unions. Fortunately, now we can do something about it. At its most recent board meeting, the NCUA Board issued an Advance Notice of Proposed Rulemaking, presumably as the first step in proposing amendments that will make the record preservation requirements easier to understand and implement and maybe even less costly. […] - [We Are Not Alone: The Power of Community, Connection and Affiliative Leadership](https://thecreditunionconnection.com/we-are-not-alone-the-power-of-community-connection-and-affiliative-leadership/): How often do you find yourself noticing when someone is out of the office? Nowadays, it is rare for people to realize in the moment when someone is absent for a conference, vacation, appointments or even major life events. We used to see that empty seat when we were walking the halls to take a break or head to a meeting. When we were working in the office 100% of the time, consciously or unconsciously, connections were created as our lives in the office became intermingled. From joyful celebrations to sorrowful consolations, we knew when someone was out of the […] - [WFCU Facilitates Peer-to-Peer Cooperation to Support Credit Union Digitalization in Ukraine](https://thecreditunionconnection.com/wfcu-facilitates-peer-to-peer-cooperation-to-support-credit-union-digitalization-in-ukraine/): Advantis Credit Union and Dundalk Credit Union step in to help purchase computer hardware for their Ukrainian peers Thirty-six laptops and 10 multifunctional printers have been delivered to Ukrainian Credit Unions\’ Anisiya and PVKS thanks to a partnership Worldwide Foundation for Credit Unions\’ (WFCU) helped them build with two of its Champions—Advantis Credit Union (US) and Dundalk Credit Union (Ireland)—who financed the purchase of the items to boost WFCU’s Digitalization Program.   Launched in 2023 in cooperation with the USAID/WOCCU Credit for Agriculture Producers (CAP) Project, the program helped both PVKS and Anisiya Credit Unions fully migrate to a new core banking system, which allows […] - [Eltropy EMERGE 2024 User Conference Brings the Hottest Topics for Credit Unions into Focus, Launches Customer Community ](https://thecreditunionconnection.com/eltropy-emerge-2024-user-conference-brings-the-hottest-topics-for-credit-unions-into-focus-launches-customer-communitynbsp/): CFI leaders converge in Santa Clara, Calif. to explore generative AI\’s transformative potential, experience Eltropy’s Emerge Customer Community and Learning Academy Eltropy hosted its annual EMERGE 2024 user conference last week in Santa Clara, California. The sold-out event brought together 250+ credit union leaders, industry innovators, and Eltropy experts to learn about the latest technologies shaping the future of community banks and credit unions.  A central theme was the rise of generative AI and its profound implications across member engagement, operations, collections / delinquencies, lending, fraud detection, and marketing.  Keynotes and breakout sessions armed attendees with real-world strategies for harnessing […] - [Addition Financial Credit Union Awards $65,000 in Scholarships to Central Florida Students](https://thecreditunionconnection.com/addition-financial-credit-union-awards-65000-in-scholarships-to-central-florida-students/): Addition Financial Credit Union helped a group of accomplished Central Florida students along their college career, awarding $65,000 in scholarships this month. Named after the credit union’s former President and CEO, the Joseph A. Melbourne Jr. Annual Scholarship Program awards college scholarships to six high school seniors, worth $10,000 each, and two graduate level scholarships, worth $2,500 each. “Addition Financial is proud to support and elevate these students embarking on the next step of their education journey,” said Kevin Miller, President and CEO of Addition Financial Credit Union. “This year’s recipients are an incredible group, whose passion to give back […] - [Universal 1 Credit Union announces the 2024 Glen R Kershner Memorial Scholarship winners](https://thecreditunionconnection.com/universal-1-credit-union-announces-the-2024-glen-r-kershner-memorial-scholarship-winners/): Universal 1 Credit Union (U1) members, Ryan Fitchpatrick of Lehman Catholic High School, Macey Land of Miamisburg High School and Ava Peck of Chaminade Julienne High School, were each awarded this year’s Glen R Kershner Memorial Scholarship of $1,000.00. The 2024 graduates have built an impressive list of accomplishments that has provided many opportunities for scholarship offers and grants to attend major universities. Ryan will be attending the University of Notre Dame, where she will pursue a Juris Doctor (J.D.) degree in the legal field. During her time at Lehman Catholic, Ryan held multiple leadership roles, including serving as the […] - [SELCO Community Credit Union Awards $200,000 Grant To SquareOne Villages For The Development Of The Rosa Village Co-op In Eugene](https://thecreditunionconnection.com/selco-community-credit-union-awards-200000-grant-to-squareone-villages-for-the-development-of-the-rosa-village-co-op-in-eugene/): The grant, made possible by matching funds from The Federal Home Loan Bank of Des Moines, will be used to build 52 permanently affordable homes SquareOne Villages received a $200,000 grant from SELCO Community Credit Union to aid in building the nonprofit’s Rosa Village Co-op affordable-housing project, SquareOne and SELCO announced jointly. The grant — which was made possible in part because SELCO was awarded matching grant funds from The Federal Home Loan Bank of Des Moines — is the largest single contribution to a nonprofit that SELCO has made in its nearly century-long history and the largest private donation to the […] - [Prepared Remarks of CFPB Director Rohit Chopra at the Mortgage Bankers Association](https://thecreditunionconnection.com/prepared-remarks-of-cfpb-director-rohit-chopra-at-the-mortgage-bankers-association/): While home prices and interest rates often command headlines, there are many other forces at play that are pushing costs up for both mortgage lenders and for homeowners, which can make it harder for families purchasing a home. Mortgage lenders in the U.S. increasingly face a lack of competition when it comes to accessing data and reports needed for loan origination. In many cases, a handful of firms have cornered the market, allowing those companies to levy a tax on every mortgage application or transaction in the country. The result is that mortgage lenders can evaluate fewer applicants, and homeowners […] - [cPort Credit Union Joins Velera’s Co-op ATM Network, Benefiting Credit Union Members Throughout Maine](https://thecreditunionconnection.com/cport-credit-union-joins-veleras-co-op-atm-network-benefiting-credit-union-members-throughout-maine/): More than 180 fee-free Co-op ATMs are now available in the state Velera – formerly PSCU/Co-op Solutions, has announced that cPort Credit Union has joined the Co-op ATM network. The agreement not only enables members of cPort to have access to 32,000 fee-free ATMs nationwide, but also significantly adds to the number of network ATMs available to members of all participating credit unions in the state of Maine. The Co-op ATM network has been growing rapidly in recent years in Maine. In March 2022, the network added 60 machines in Hannaford Supermarket locations throughout the state. With cPort joining the […] - [Atomic Unveils PayLink Manage: The Actionable Subscription Management Tool for Financial Institutions](https://thecreditunionconnection.com/atomic-unveils-paylink-manage-the-actionable-subscription-management-tool-for-financial-institutions/): Atomic\’s PayLink Manage outshines other solutions by enabling users to both monitor their recurring payments and make real-time changes within the banking app. Atomic has launched PayLink Manage, a subscription management technology designed to help account holders seamlessly view, update and optimize all their recurring payments directly within their financial institution’s app, helping them to take action to cut unnecessary spending and be better with their money. Banks will experience more frequent, meaningful interactions, deepening the overall customer relationship and confirming their position as the primary financial relationship. PayLink Manage addresses the growing complexity consumers face with managing recurring payments […] - [United Federal Credit Union Branch Manager Named to South Bend Regional Chamber’s 40 Under 40 List](https://thecreditunionconnection.com/united-federal-credit-union-branch-manager-named-to-south-bend-regional-chambers-40-under-40-list/): United Federal Credit Union (United) Branch Manager, Fares Farhan was named to the South Bend Regional Chamber’s 2024 40 Under 40 List. “I want to send a heartfelt appreciation to the selection committee for recognizing my work within the community and within United,” said Farhan. “I am grateful to United for supporting me throughout my career and not only giving me the opportunity to give back to our community, but actively encouraging it. It is an honor to be named part of this excellent group of young professionals.” According to the Chamber, the program “recognizes young adults, professionals, executives and […] - [CFPB Takes Action Against Western Benefits for Swindling Student Loan Borrowers](https://thecreditunionconnection.com/cfpb-takes-action-against-western-benefits-for-swindling-student-loan-borrowers/): Debt relief provider charged illegal advance fees and misled student loan borrowers Today, the Consumer Financial Protection Bureau (CFPB) took action against Western Benefits Group for charging illegal advance fees for student loan debt relief services and misrepresenting to consumers that advance fees would go toward paying down their loans. The CFPB found Western Benefits also misrepresented that it was affiliated with and endorsed by the Department of Education, and that the company would help consumers consolidate student loans, lower consumers’ monthly student loan payments, or obtain loan cancellation. The CFPB is ordering Western Benefits to permanently cease operations and […] - [The Southeastern Credit Union Foundation Announces Awardees for the Growth and Impact Grant Programs](https://thecreditunionconnection.com/the-southeastern-credit-union-foundation-announces-awardees-for-the-growth-and-impact-grant-programs/): The Southeastern Credit Union Foundation (SECUF), the charitable arm of the League of Southeastern Credit Unions (LSCU), is thrilled to announce the recipients of the Growth and Impact Grant Program. The Growth and Impact Grant Program includes three distinct grant opportunities: the Credit Union Development Grant, the Community Impact Grant, and the Professional Development Grant. Following an extensive evaluation process, the selected organizations were found to have demonstrated exceptional dedication to their communities and exhibited innovative approaches to addressing critical challenges. Collectively, these recipients have been awarded a combined total of $50,500 in grant funding. The Credit Union Development Grant […] - [Conn. League and CUCollaborate Launch New CDFI Loan Participation Program](https://thecreditunionconnection.com/conn-league-and-cucollaborate-launch-new-cdfi-loan-participation-program/): The League-owned loan participation platform, Aluvy, empowers credit unions to maximize community impact with loan participations. The Credit Union League of Connecticut and CUCollaborate are excited to announce the launch of a groundbreaking partnership to help credit unions obtain and maintain their certification as a CDFI (Community Development Financial Institution) through Aluvy, a League-owned loan participation platform. This innovative collaboration is designed to help credit unions enhance their community impact by facilitating participations of CDFI-eligible loans. Aluvy is offering a first-to-the-market solution for CDFI participations for credit unions. Here’s how it works: One-Click Loan Eligibility Verification: Credit unions can use the […] - [Veteran-Owned Startup Adds First-of-its-Kind Tipping Feature to Benefit Employees and Customers](https://thecreditunionconnection.com/veteran-owned-startup-adds-first-of-its-kind-tipping-feature-to-benefit-employees-and-customers/): Digital platform allows employers and customers to team-up on tipping to increase incentivization and rewards for exceptional service. Béné Tipping, the premier digital tipping platform for hospitality service providers, announced the launch of a first-of-its-kind cashless tipping platform that allows employers and customers to team up on tipping. This unique feature fixes the broken tipping system and allows for increased incentivization and rewards for exceptional service. Béné was selected to participate in The PenFed Foundation Veteran Entrepreneur Program Fall 2023 cohort. The program exclusively supports veteran and military spouse entrepreneurs building highly scalable startup companies — ranging from the idea […] - [New York State’s Largest Credit Union, Bethpage Federal Credit Union Goes Live On Scienaptic’s Credit Underwriting Platform](https://thecreditunionconnection.com/new-york-states-largest-credit-union-bethpage-federal-credit-union-goes-live-on-scienaptics-credit-underwriting-platform/): Advanced Machine-Learning will increase underwriting automation and enable more consumer loan approvals Leading global credit underwriting platform provider, Scienaptic, announced today that it has successfully deployed its credit decisioning platform at Bethpage Federal Credit Union. This deployment aims to enhance underwriting automation and expand credit access for 460,000+ members. Bethpage Federal Credit Union is a premier financial institution committed to enriching the lives of its members, employees, and the communities it serves for over 80 years. Serving over 460,000 members every day, Bethpage is the largest credit union in the Northeast region, as well as the 15th largest in the […] - [Glia Launches First Responsible AI Platform Purpose Built for Financial Institutions](https://thecreditunionconnection.com/glia-launches-first-responsible-ai-platform-purpose-built-for-financial-institutions/): Glia Cortex delivers personalized self-service experiences at scale, improves agent productivity and provides new insights for managers Glia, the leader in customer interaction technology, today launched Glia Cortex, the first responsible AI platform built specifically for the financial services industry. With Glia Cortex, financial institutions can leverage AI that is safe, secure and delivers real ROI for customer service and contact centers, ultimately driving efficiencies, reducing wait times and enhancing the customer and agent experience.  “Financial institutions are looking to AI to modernize and create efficiencies in their contact centers, however they have been rightfully cautious as significant questions around […] - [DCUC Sends Letter to All Members of Congress Highlighting Ongoing Concerns with the Credit Card Competition Act](https://thecreditunionconnection.com/dcuc-sends-letter-to-all-members-of-congresshighlighting-ongoing-concerns-with-the-credit-card-competition-act/): On May 16, 2024, the Defense Credit Union Council’s (DCUC) Chief Advocacy Officer Jason Stverak sent a letter to all Members of Congress expressing DCUC’s concerns with the Credit Card Competition Act (CCCA). The letter was sent ahead of next week’s National Grocers Association Congressional office visits to make sure that credit union industry concerns are part of the discussions. Stverak’s letter emphasized that the main goal of the CCCA would force banks and credit unions to route credit card transactions to the cheapest network. While this would lower costs for retailers, their promises to pass on the savings to […] - [Credit Union Recognizes Star Employees and Board Directors Declared at Annual Meeting](https://thecreditunionconnection.com/credit-union-recognizes-star-employees-and-board-directors-declared-at-annual-meeting/): Robins Financial Credit Union announced the recipients of their Star Employee Awards and Corporate Central Credit Union declares their new board of directors at their annual meeting. Recognitions Robins Financial Credit Union is proud to recognize members of their team who embody the credit union’s values and commitment to excellence through their Star Employee Awards. The award types include winners in the following categories: Star Leader, Star Producer, Star Performer, and Rising Star. Employees are selected based on their outstanding qualities and contributions toward Robins Financial’s mission of being Member Focused, Financial Partners, Community Proud. Congratulations to the 2024 first […] - [Alliant Credit Union Launches SBL Edge: A Small Balance Commercial Real Estate Lending Platform](https://thecreditunionconnection.com/alliant-credit-union-launches-sbl-edge-a-small-balance-commercial-real-estate-lending-platform/): Alliant Credit Union, one of the largest credit unions in the nation, announces the launch of SBL Edge, a lending platform designed for small balance commercial real estate borrowers in the multifamily, manufactured housing and self-storage sectors. Built by seasoned veterans with decades of experience navigating the complexities of commercial real estate lending, SBL Edge offers streamlined processes and leverages unparalleled industry wherewithal. \”SBL Edge was designed based on our team\’s deep understanding of the unique challenges and opportunities within the small balance commercial real estate market. We have meticulously crafted a program that addresses the needs of borrowers seeking […] - [CFPB Sues SoLo Funds for Deceiving Borrowers and Illegally Extracting Fees](https://thecreditunionconnection.com/cfpb-sues-solo-funds-for-deceiving-borrowers-and-illegally-extracting-fees/): The company advertised zero-cost loans but deployed digital dark patterns resulting in almost every borrower paying at least one fee The Consumer Financial Protection Bureau (CFPB) today sued the online lending platform SoLo Funds for deceiving borrowers about the total cost of loans. The CFPB alleges that SoLo markets itself as a consumer-friendly alternative to high-cost, short-term loans. Despite advertising zero-interest loans or 0% APR loans, SoLo’s use of dark patterns ensures that almost every borrower pays a fee, in the form of a “tip” or “donation.” The CFPB is seeking, among other things, injunctions against SoLo to prevent future […] - [Financial Plus Credit Union Celebrates New Branch with Ribbon-Cutting Ceremony](https://thecreditunionconnection.com/financial-plus-credit-union-celebrates-new-branch-with-ribbon-cutting-ceremony/): Financial Plus Credit Union hosted a ribbon-cutting ceremony with the Flushing Chamber of Commerce and community partners to celebrate the grand opening of its Flushing branch. The new branch is located at 6530 Pierson Road, on the corner of Pierson and Elms. “We’re excited to announce the opening of our newest branch in Flushing! Having lived here for just over a year, I’ve enjoyed the hometown feel. We’re eager to assist our existing Financial Plus members, become an active participant in the community, and welcome new members into our branch,” said Sam Russell, Sales Manager of Financial Plus’s Flushing branch. […] - [Nominations Open for Second Annual WOCCU Fellowship](https://thecreditunionconnection.com/nominations-open-for-second-annual-woccu-fellowship/): Credit union women, young professionals are encouraged to apply World Council of Credit Unions (WOCCU) invites emerging credit union leaders under the age of 40 and women of any age to apply for the 2024 WOCCU Fellowship, which will designate one person from each of those categories to participate in WOCCU Board of Directors’ meetings for a period of one year. To be considered for the Fellowship, candidates must: be employees, current board directors or members of other elected governance systems, either with a direct member of WOCCU or a financial cooperative institution that is affiliated with that direct member. […] - [Survey says: Minnesotans see the credit union Advantage 48% of people love their credit union; 19% for banks](https://thecreditunionconnection.com/survey-says-minnesotans-see-the-credit-union-advantage-48-of-people-love-their-credit-union-19-for-banks/): Most people don’t have strong feelings about their financial institution, unless they are talking about their Minnesota credit union. According to the Minnesota Credit Union Network (MnCUN), 48% of people surveyed said they love their credit union, compared to only 19% for banks. And that number has grown from 35% in 2022. That’s one of the findings in a new MnCUN survey that measured the attitudes of Minnesotans regarding financial services topics. The survey of 546 adults was conducted by American Strategies from March 13-17. Survey respondents overwhelming agreed (77%) that credit unions are owned and operated for the benefit […] - [Kinective Teams Up with VyStar Credit Union to Enhance Branch Efficiency and Elevate Member Experiences with New FIS Cash Automation Integration](https://thecreditunionconnection.com/kinective-teams-up-with-vystar-credit-union-to-enhance-branch-efficiency-and-elevate-member-experiences-with-new-fis-cash-automation-integration/): Real-time integration for Miser Desktop will be deployed across 80+ VyStar branches and powers full hardware brand choice, simplifies balancing processes and untethers retail teams for faster member service. To be showcased with the IBS Teller Insight integration at the upcoming FIS Emerald Conference May 20-23 Kinective, the leading Banking Operations Platform that simplifies access to integrated technology and helps financial institutions compete and better serve their communities, today announced that VyStar Credit Union, a Florida-based credit union with over $14 billion in assets, has selected its FIS-partnered cash automation integration and analytics solutions to connect their entire fleet of 200+ teller […] - [BayPort Foundation Charity Golf Classic Raises Over $165,000](https://thecreditunionconnection.com/bayport-foundation-charity-golf-classic-raises-over-165000/): The BayPort Foundation is excited to announce that it has raised over $165,000 at its third annual Charity Golf Classic event, hosted on May 9, 2024. Fifty-two businesses sponsored the tournament, including the 84 golfers who played the award-winning golf course at the James River Country Club in Newport News. The successful fundraising outcome was made possible by the support of sponsors of all levels and Gold Sponsor business partners: Haywood Floor Covering, Lucro Commercial Solutions, Mastercard, NCR Voyix, North River Construction, and Zogo Finance. As well as PSCU, the Wine Dinner Sponsor of the first annual wine pairing and five-course dinner […] - [75 Students Awarded $150,000 in Scholarships from A+ Federal Credit Union](https://thecreditunionconnection.com/75-students-awarded-150000-in-scholarships-from-a-federal-credit-union/): Texas High School and College Students Earn Funds for 2024-25 School Year The A+ Federal Credit Union (A+FCU) Board of Directors awarded 75 Texas high school and college students with $150,000 in scholarships for the 2024-2025 school year. The annual amount awarded was increased this year in recognition of the credit union’s 75th Anniversary, allowing 15 additional students to earn scholarships from A+FCU. Each student receives $2,000 to help with college educational expenses. Awarding scholarships has been a long-standing A+FCU tradition, benefiting more than 600 students with over $1.1 Million in scholarship support for their college endeavors. \”With the generous […] - [Anne Legg Joins Nook as Strategic Advisor](https://thecreditunionconnection.com/anne-legg-joins-nook-as-strategic-advisor/): Nook, a Credit Union Service Organization (CUSO) and pioneer of niche experiences, proudly welcomes Anne Legg, an award-winning, internationally recognized credit union industry leader, as its newest Strategic Advisor. With her background as an industry expert and member-centric data strategist, Legg brings a unique perspective and is highly equipped to offer strategic solutions to Nook. Legg will work closely with Nook’s executive team in this role to facilitate new growth opportunities and overcome marketing obstacles. Her guidance will utilize her experience as a member-centric data strategist to help Nook/ navigate the evolving financial landscape and capitalize on new opportunities for […] - [Westerra Credit Union Honors Local Teacher Sarah Siddens with First Pitch at Colorado Rockies Game During Teacher Appreciation Week](https://thecreditunionconnection.com/westerra-credit-union-honors-local-teacher-sarah-siddens-with-first-pitch-at-colorado-rockies-game-during-teacher-appreciation-week/): Westerra Credit Union, in partnership with the Colorado Rockies, honored Sarah Siddens, a first grade teacher at Gust Elementary School, with the Westerra Credit Union Teacher First Pitch during the May 10 baseball game. This recognition is part of the larger Teacher Appreciation Week celebration. Siddens’ submission, selected from a pool of over 450 applicants, highlighted her work in establishing a therapy dog program and serving as Wellness Champion for Gust Elementary, part of the Denver Public School district. In fact, Onyx, her Goldendoodle, served as the school\’s first therapy dog, which underscores her dedication to fostering a supportive and […] - [DCUC Comments on Supreme Court Ruling](https://thecreditunionconnection.com/dcuc-comments-on-supreme-court-ruling/): DCUC released the following statement regarding the Supreme Court’s ruling in favor of CFPB’s current funding structure. “We are disappointed in the court’s decision and will continue to work with Members of Congress to help pass common-sense reform legislation like establishing a 5-member commission to run the agency to improve transparency and accountability. This would prevent much of the regulatory overreach credit unions have experienced recently from the agency. DCUC will continue to work with the current CFPB Director and his team to help educate them on the long-term impact their decisions have on the ability of defense and veteran […] - [Statement on Supreme Court Decision in CFPB v. CFSA](https://thecreditunionconnection.com/statement-on-supreme-court-decision-in-cfpb-v-cfsa/): The Consumer Financial Protection Bureau issued a statement today regarding the Supreme Court’s decision in CFPB v. Community Financial Services Association of America: “For years, lawbreaking companies and Wall Street lobbyists have been scheming to defund essential consumer protection enforcement. The Supreme Court has rejected their radical theory that would have devastated the American financial markets. The Court repudiated the arguments of the payday loan lobby and made it clear that the CFPB is here to stay.” “Congress created the CFPB to be the primary federal watchdog protecting consumers from predatory and abusive practices in the financial sector. Since the […] - [The Velera Payments Index: May 2024](https://thecreditunionconnection.com/the-velera-payments-index-may-2024/): Today, Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the May edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. Growth in consumer spending was modest in April, aligning with slowing economic indicators that could stimulate Fed rate cuts later this year. In our May 2024 edition of the Velera Payments Index, we revisit a Deep Dive into Overall Food, which includes groceries and dining out – and provides additional context […] - [Georgia Governor Brian Kemp Signs Bill to Improve Operating Environment for State-Chartered Credit Unions ](https://thecreditunionconnection.com/georgia-governor-brian-kemp-signs-bill-to-improve-operating-environment-for-state-chartered-credit-unionsnbsp/): The League of Southeastern Credit Unions (LSCU) and Georgia credit union leaders were honored to stand with Governor Brian Kemp as he signed credit union priority legislation, House Bill 876, into law. This legislation was crafted from the input of credit union advocates in partnership with the Department of Banking & Finance and other financial services leaders. “Credit unions across our state will greatly benefit from the flexibility and modernization this legislation provides, enabling them to better serve their members and communities with less red tape,” said LSCU Vice President of Advocacy Sydney Seral. “We are grateful for the continued […] - [U.S. Senate Federal Credit Union President & CEO Timothy L. Anderson named one of the Most Influential CEOs Making a Difference](https://thecreditunionconnection.com/us-senate-federal-credit-union-president-amp-ceo-timothy-l-anderson-named-one-of-the-most-influential-ceos-making-a-difference/): United States Senate Federal Credit Union (USSFCU) is proud to announce that President and CEO Timothy L. Anderson has been named one of “The Most Influential CEOs Making a Difference for 2024” in the May 2024 issue of CIO Views, a business magazine that focuses on emerging CIOs, their journey, views on current economic states and all other relevant subjects that refer to the business world. A visionary leader who crafts the future of the USSFCU with a clear plan and mission, Mr. Anderson was selected for this honor because he is a leader who is passionate, dedicated, and determined […] - [Registration Open for June 5 “What is an MDI?” Webinar](https://thecreditunionconnection.com/registration-open-for-june-5-what-is-an-mdi-webinar/): Webinar Will Discuss MDI Requirements and MDIs’ Role in Their Communities Credit unions interested in the minority depository institution designation can get valuable information about MDIs and how they benefit their members and communities during a June 5 webinar hosted by the National Credit Union Administration. Online registration for this webinar is now open. The “What is an MDI?” webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. The webinar, part of MDI Awareness month, will feature presentations from the NCUA’s Offices of Minority and Women Inclusion, Consumer Financial Protection, and Financial Technology […] - [REPAY Is Now a Certified Integration Partner With Corelation’s KeyStone Platform](https://thecreditunionconnection.com/repay-is-now-a-certified-integration-partner-with-corelations-keystone-platform/): Corelation recognizes REPAY as a KeyBridge Certified partner, validating best practices and security standards Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced that the company has achieved Certified Integration Partner status with Corelation, a leading and innovative core processor for credit unions. By further leveraging REPAY’s integration with Corelation’s KeyStone platform, credit unions can simplify operations, streamline payment processing and surpass member expectations. Continued success with Corelation has earned REPAY recognition as a KeyBridge Certified partner, meaning clients can rest assured that REPAY’s integration with Corelation is utilizing best practices for the KeyBridge […] - [Shastic Launches Mago: The Future of AI Banking Workforce for Community Financial Institutions](https://thecreditunionconnection.com/shastic-launches-mago-the-future-of-ai-banking-workforce-for-community-financial-institutions/): Shastic, the leading provider of workflow automation solutions for financial institutions, has announced its latest platform, Mago™. This end-to-end AI workflow automation platform will revolutionize the industry by providing community banks and credit unions with state-of-the-art, AI banking workforces.  Mago’s approach allows these institutions to dramatically expand their workforce capabilities without the need for additional staff. As opposed to offering a single feature or automating one specific task, Mago can automate an agent’s workload augmenting the current team or reducing the need for full time equivalents (FTEs). Mago allows banks and credit unions to expand their workforce 1,000 times without […] - [Bay Federal Credit Union Awards $6,000 in Scholarships to Four Local Students](https://thecreditunionconnection.com/bay-federal-credit-union-awards-6000-in-scholarships-to-four-local-students/): Three Credit Union members and one employee receive scholarships to pursue higher education. Bay Federal Credit Union announced the winners of its 2024 Education Scholarship and Mac McCormac Employee Scholarship. Members Felicia Mitchell, Kayla Magdaleno, and Katherine Hodges were named Bay Federal’s Education Scholarship recipients. Member Service Representative, Brittany Saldana, was awarded the Mac McCormac Scholarship in honor of the Credit Union’s first employee. Each recipient will receive $1,500 towards their education-related expenses. In an effort to promote education amongst its membership, Bay Federal has given back $90,000 in scholarships to the community over many years. “Each year I am […] - [California Credit Union Launches Voice Authentication Service](https://thecreditunionconnection.com/california-credit-union-launches-voice-authentication-service/): VoiceID Technology Provides Quick, Easy Account Access and Enhanced Security California Credit Union announced today that it has launched VoiceID, a new technology solution enabling its members to verify their identity through their voice when calling the credit union. Through VoiceID, the unique characteristics of each individual’s voice are used to confirm their identity, allowing immediate access to accounts without the need to enter passwords or answer security questions. Beyond adding more convenience for members, the service further secures member accounts. Like a fingerprint, each individual’s “voiceprint” is unique and virtually impossible to replicate, adding an extra layer of security […] - [Eltropy Launches Voice+, Unifying Voice and Digital for Community Financial Institutions](https://thecreditunionconnection.com/eltropy-launches-voice-unifying-voice-and-digital-for-community-financial-institutions/): Combines traditional Voice capabilities with Text, Video, Chat, AI, and more for a modern, efficient contact center Eltropy, a pioneering conversations platform for credit unions and community banks, today launched Voice+, integrating traditional voice capabilities with digital channels like text messaging, video, and chat into a unified contact center solution. Voice+ provides a “single pane of glass” experience for agents to seamlessly handle voice and digital interactions, with unified routing, AI agents and assistants, and analytics across all channels. \”Voice+ bridges the gap between traditional voice and cutting-edge digital conversations that today\’s customers expect,\” said Ashish Garg, Eltropy Co-founder and […] - [VyStar Credit Union Receives Grant from U.S. Department of Treasuryto Launch Innovative Credit-Builder Program](https://thecreditunionconnection.com/vystar-credit-union-receives-grant-from-us-department-of-treasuryto-launch-innovative-credit-builder-program/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded VyStar Credit Union a grant of $383,223 through its Small Dollar Loan Program (SDL Program). This funding aims to empower Certified Community Development Financial Institutions (CDFIs) like VyStar to enhance consumer access to fair financial services and offer viable alternatives to high-interest small dollar loans. In response to the detrimental impacts of payday loans in Florida, with Annual Percentage Rates (APRs) soaring up to 300%, VyStar proactively created a solution aimed at curbing the adverse effects of these high-cost loans. The SDL Program Award will […] - [Diana Dykstra and Scott Simpson to Officially Transition in Roles](https://thecreditunionconnection.com/diana-dykstra-and-scott-simpson-to-officially-transition-in-roles/): As the California and Nevada Credit Union Leagues continue to advance its alliance with Utah’s Credit Unions, the Leagues’ board of directors are moving to the next phase in this transition plan with respect to the chief executive officer\’s (CEO) responsibilities. These responsibilities are effective May 15 through July 1, when Diana Dykstra retires. This week, Scott Simpson became CEO (effective May 15) of both the California Credit Union League and the Nevada Credit Union League (the Leagues). Dykstra will retain the position of president of the Leagues until her retirement. This approach provides Simpson with the needed authority to […] - [U.S. Senate Federal Credit Union Celebrates National Peace Officers Memorial Day with Special Recognition of United States Capitol Police](https://thecreditunionconnection.com/us-senate-federal-credit-union-celebrates-national-peace-officers-memorial-day-with-special-recognition-of-united-states-capitol-police/): In observance of Peace Officers Memorial Day, the United States Senate Federal Credit Union (USSFCU) is proud to honor the dedication and service of the United States Capitol Police by hosting a special breakfast for the 1,250 officers on duty today. Established in 1828, the U.S. Capitol Police have served as guardians of the Capitol complex for nearly two centuries, embodying a legacy of sacrifice and commitment. Milton Aguilar-Bolanos, USSFCU Membership Development Officer, remarked,\”Providing breakfast for the Capitol Police on this important day is more than a tradition; it\’s a reflection of the unique bond that exists between our organizations. […] - [OMNI Community Credit Union Supports Junior Achievement of Southwest Michigan with $3,183.75 Donation](https://thecreditunionconnection.com/omni-community-credit-union-supports-junior-achievement-of-southwest-michigan-with-318375-donation/): OMNI Community Credit Union is proud to announce its contribution to Junior Achievement of Southwest Michigan as part of its Give Back Program. Junior Achievement of Southwest Michigan will receive a generous donation of $3,183.75 to support its mission of empowering young people to succeed in a global economy. Junior Achievement of Southwest Michigan is dedicated to providing students with the knowledge and skills they need to achieve economic success, plan for their future, and make smart academic and economic choices. Through hands-on programs delivered by trained volunteers, Junior Achievement helps students understand the relevance of their education and prepares […] - [Velera Honored as a Glassdoor Best-Led Company 2024](https://thecreditunionconnection.com/velera-honored-as-a-glassdoor-best-led-company-2024/): CUSO recognized with inaugural award honoring exceptional senior leadership Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – has been named a winner of Glassdoor’s inaugural award for Best-Led Companies 2024 in the U.S. This award honors companies with exceptional senior leadership teams that go above and beyond to redefine the employee experience. Unlike other workplace awards, Glassdoor’s awards rely on input from employees who anonymously submit a company review on Glassdoor over the past year. Velera was named to the list based on employee reviews on […] - [Bridging the Gap of ‘No Credit Union Left Behind’](https://thecreditunionconnection.com/bridging-the-gap-of-no-credit-union-left-behind/): YMC Launches Special Savings Initiative for Small Credit Unions With the newly minted industry initiative, “No Credit Union Left Behind,” what a better way to act than to make strategic marketing more affordable for small credit unions? Your Marketing Co., a strategic marketing and branding agency, announced today special savings for new credit union clients under $150 million and under $50 million in assets. “Empowering smaller credit unions with accessible marketing solutions not only fosters their growth, but also contributes to the overall strength and vitality of the industry,” said YMC President and CEO Bo McDonald. YMC’s current roster spans […] - [Community Shred Day Success: more than 10,250 pounds of personal papers shredded](https://thecreditunionconnection.com/community-shred-day-success-more-than-10250-pounds-of-personal-papers-shredded/): More than 10,250 pounds of personal papers were shredded at this year’s Community Shred Day, an event held on May 11 and hosted by Greylock Federal Credit Union, in collaboration with Berkshire United Way, to benefit the United Way’s local initiatives. The event, which was open to the public, allowed community members to securely dispose of personal printed documents on-site at the United Way headquarters in Pittsfield. Through community donations, a total of $2,350 was raised for the organization. “Berkshire United Way is so grateful for the partnership we have with Greylock,” said Community Engagement Manager Pam Knisley, of the […] - [Hawaii Central Federal Credit Union Supports Inclusion, Participates In Best Buddies Walk](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-supports-inclusion-participates-in-best-buddies-walk/): Hawaii Central Federal Credit Union (FCU) staff volunteers walked to support the non-profit, Best Buddies and their mission of creating opportunities for one-to-one friendships, integrated employment, leadership development, inclusive living, and family support for individuals with intellectual and developmental disabilities (IDD). Held at Magic Island Ala Moana Beach Park on Saturday, May 11, 2024, the walk was the culmination of the volunteer team’s goal of raising $500 in support of Best Buddies. Fellow staff members rallied around the team and purchased hot dog combos at a lunch fundraiser held earlier in the month, helping the team surpass their goal to […] - [Genisys Credit Union and the Oxford Chamber of Commerce announce recipients for their Oxford High School Community Pride Scholarship](https://thecreditunionconnection.com/genisys-credit-union-and-the-oxford-chamber-of-commerce-announce-recipients-for-theirnbspoxford-high-school-community-pride-scholarship/): Earlier this year, Genisys Credit Union and the Oxford Chamber of Commerce offered their Oxford High School (OHS) Community Pride Scholarship to the OHS Class of 2024. On May 13, at the OHS Senior Awards Ceremony, four graduates were each awarded the $1,000 scholarship; Heidi Allen, Lorelei Spurgeon, Ellie Gieselman, and Sean Wilson.  As part of the scholarship, applicants needed to reflect and answer the question: What does the Oxford community mean to you? The selected recipients displayed a great level of dedication to their community, personal passions, and academics.  Heidi Allen will continue her educational journey at Liberty University […] - [Register Now for May 30 Aging With a Plan: Managing Your Money and Retirement Goals Webinar](https://thecreditunionconnection.com/register-now-for-may-30-aging-with-a-plan-managing-your-money-and-retirement-goals-webinar/): The National Credit Union Administration’s is hosting a webinar on May 30 in recognition of Older Americans Month. The webinar will focus on the importance of planning for retirement, managing money as you age, and ways to protect your money later in life. Online registration for this webinar, Aging With a Plan: Managing Your Money and Retirement Goals, is now open. The webinar is scheduled to begin at 1 p.m. Eastern and is expected to run one hour. With speakers from NCUA’s Office of Consumer Financial Protection, the Department of Health and Human Services, the Social Security Administration, and the […] - [Baby Supplies Donated by Topline Financial Credit Union Members and Employees](https://thecreditunionconnection.com/baby-supplies-donated-by-topline-financial-credit-union-members-and-employees/): TopLine’s Diaper and Wipe Drive Benefits Local Families TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their third annual diaper and wipe drive during the month of April benefitting three local non-profits, Avenues for Youth, Karen Organization of Minnesota and YMCA of the North Youth and Family Services. TopLine members and employees generously donated diapers, wipes, and other baby care items to help bring comfort to families in need in our local communities. Employees were able to participate by donating baby care items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear […] - [First Tech Federal Credit Union Promotes Holly McHugh to General Counsel](https://thecreditunionconnection.com/first-tech-federal-credit-union-promotes-holly-mchugh-to-general-counsel/): Established leader joins executive leadership team to enhance legal, vendor management, and compliance operations and strengthen lending partnerships First Tech Federal Credit Union (First Tech), the financial partner for the people in tech, announced the promotion of Holly McHugh to General Counsel, where she will lead the credit union\’s Enterprise Governance & Legal Affairs (EGLA), Vendor Management, and Compliance teams. McHugh will report directly to First Tech President and CEO Greg Mitchell. McHugh brings over a decade of experience in commercial real estate finance, bond finance, asset-based finance, and corporate governance – representing national and regional banks, as well as […] - [PenFed Foundation Celebration of Service Gala Raises Nearly $1.4 Million for Military Community](https://thecreditunionconnection.com/penfed-foundation-celebration-of-service-gala-raises-nearly-14-million-for-military-community/): Lifetime of Service Award Honors PenFed Foundation Board Chair Deborah James The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, today announced it raised nearly $1.4 million at its Celebration of Service Gala. The evening honored humanitarian and community heroes, including PenFed Foundation Board Chair and former Secretary of the Air Force Deborah James. James was presented with the Lifetime of Service Award for her dedication to the nation as the second woman in history to lead a branch of the U.S. military, a key defense industry executive and Assistant Secretary of Defense and long-time congressional staff member. \”The […] - [American Eagle Financial Credit Union Supports Mental Health Awareness Month with $1,500 Donation to the National Alliance for Mental Illness Connecticut](https://thecreditunionconnection.com/american-eagle-financial-credit-union-supports-mental-health-awareness-month-with-1500-donation-to-the-national-alliance-for-mental-illness-connecticut/): American Eagle Financial Credit Union marked the close of Mental Health Awareness Month by donating $1,500 to the National Alliance on Mental Illness Connecticut (NAMI CT). The donation is part of the credit union’s ongoing commitment to mental health advocacy and support for individuals and families affected by mental illness. In addition to the donation, American Eagle Financial Credit Union offers a range of wellness programs throughout the year to their team members to promote mental well-being. These programs have included dog therapy sessions, knitting groups, fun runs and workshops aimed at providing individuals with the tools and resources they […] - [Velera Partners with Utilities Employees Credit Union for Card Processing Services](https://thecreditunionconnection.com/velera-partners-with-utilities-employees-credit-union-for-card-processing-services/): Velera is pleased to announce its partnership with Utilities Employees Credit Union (UECU) to provide debit and credit card processing services and support.  Established in 1934 to cater to gas and electric utility employees on the East Coast, UECU now serves more than 50,000 members nationwide. Headquartered in Wyomissing, Pennsylvania, and holding $1.3 billion in assets, UECU\’s virtual credit union model provides members with easy access to convenient digital banking services and personalized assistance from friendly and knowledgeable employees wherever members are located. In its search for an ideal partner, UECU prioritized organizations that offered highly reliable card production and […] - [2024 DEI Summit Speaker Highlight: John Register](https://thecreditunionconnection.com/2024-dei-summit-speaker-highlight-john-register/): John Register overcame tragedy and adversity to become a celebrity in the world of sports and leadership. John is a four-time track and field all-American, decorated Persian Gulf War U.S. Army veteran, and Olympic trials qualifier in the hurdles. After losing his leg in a training accident, he embraced a “new normal” mindset and became a two-time Paralympic Games athlete and Silver Medalist. John will introduce a transformative concept, “Innovatability.” It transcends the traditional notion of overcoming adversity, advocating instead for adaptation and innovation to harness the unique perspectives and abilities of individuals with disabilities. Innovatability is the alchemy of […] - [PenAir Credit Union Celebrates Community Support Through Jeans4Communerosity Program ](https://thecreditunionconnection.com/penair-credit-union-celebrates-community-support-through-jeans4communerosity-programnbsp/): PenAir Credit Union  (PenAir) is proud to celebrate the latest charitable donations made possible through its Jeans for Communerosity® (J4C) program. J4C is an inspiring, employee-led initiative, dedicated to supporting those in need within the communities served by PenAir. Since its inception in 2013, this program has been a beacon of generosity, with PenAir employees contributing more than $450,000 to support local nonprofits.   Most recently, PenAir’s J4C program presented $6,000 to each of the following nonprofits:  Buckaroo Foundation – The Buckaroo Foundation is a non-profit organization dedicated to enriching the lives of individuals with special needs. Through specialized programs and […] - [Vecinos Receives $1.6 Million from SECU Foundation for New Medical Center and Human Services Hub](https://thecreditunionconnection.com/vecinos-receives-16-million-from-secu-foundation-for-new-medical-center-and-human-services-hub/): SECU Foundation recently awarded a $1.6 million grant to Vecinos for a new medical center and human services hub in Macon County. A groundbreaking kicked off the initiative to bring greater access to healthcare and supportive services for low-income and uninsured adults in Cherokee, Clay, Graham, Jackson, Macon, and Swain counties. Challenged by the lack of urban centers and healthcare professionals in the region, Vecinos works with partner organizations to provide quality integrated primary healthcare services using mobile clinics and outreach programs. The new healthcare hub will increase its capacity to add 2,000 clinical patients in the first year and […] - [Aiming for Miracles, APCU Foundation Teamed Up To Raise Funds for Local Causes](https://thecreditunionconnection.com/aiming-for-miracles-apcu-foundation-teamed-up-to-raise-funds-for-local-causes/): The APCU Foundation, the philanthropic arm of APCU/Center Parc Credit Union, partnered with the Associated Credit Union Foundation to host a clay-shooting fundraiser “We’re Aiming for Miracles: A Collaboration of Generosity” on May 16 and 17. The two foundations held this special fundraising event to promote social, educational and economic well-being in their communities. The meaningful event took place at The Burge Club, a charming and historic 1,000-acre farm in eastern Newton County, Georgia. In all, the collaborative effort was a tremendous success, raising more than $100,000 in donations and sponsorships. These proceeds will benefit the foundations’ partner charities, which […] - [VyStar Credit Union Holds Ribbon Cutting for Third Branch in Tallahassee](https://thecreditunionconnection.com/vystar-credit-union-holds-ribbon-cutting-for-third-branch-in-tallahassee/): VyStar Credit Union celebrates the opening of its third branch in Tallahassee, FL. VyStar’s grand opening celebration and ribbon cutting in Leon County, FL marks a significant milestone as the credit union expands its footprint in Florida’s capital. The new VyStar branch promises not just convenient access and seamless banking solutions but an opportunity to engage with area non-profits in community building activities. A standout feature at the Capital Circle celebration was a contribution to Women Veterans Unite with a check presentation to their President Audrey Alexander, and a special appearance by members of the Florida State University cheer team […] - [LSCU & Affiliates Kicks Off Annual Convention](https://thecreditunionconnection.com/lscu-amp-affiliates-kicks-off-annual-convention/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) launched its annual convention, the Southeastern Credit Union Conference & Expo (SCUCE), at the Signia by Hilton Orlando Bonnet Creek today. The region’s premier credit union conference, this year’s SCUCE has attracted more than 1100 attendees representing more than 130 credit unions. This year’s conference is themed “Engage for Impact,” as attendees from across Alabama, Florida, Georgia, and beyond engage with one another and with riveting presentations and breakout sessions, all to make a stronger impact together for their members and communities. “Our members are the heartbeat of LSCU, […] - [UFCU to Empower Financial Wellness in the Texas Medical Center](https://thecreditunionconnection.com/ufcu-to-empower-financial-wellness-in-the-texas-medical-center/): Austin\’s largest credit union will open its first Houston-area branch at UTHealth Houston UFCU (University Federal Credit Union) announced that it will open its first Houston branch later this year in the world-renowned Texas Medical Center within the UTHealth Houston building at 7000 Fannin Street. \”We look forward to serving the UTHealth Houston community, Texas Medical Center and our nearly 30,000 UFCU Members in the Houston area,\” said UFCU CEO and President Michael Crowl. \”Founded by and rooted in higher education for nearly 90 years, UFCU has become one of the largest credit unions in Texas. We are proud to […] - [Alkami Celebrates Community Financial Institutions\' Banking Stories](https://thecreditunionconnection.com/alkami-celebrates-community-financial-institutions-banking-stories/): Video campaign demonstrates the role financial institutions play in account holders\’ financial journeys Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) announced it\’s releasing a video campaign highlighting the importance of community financial institutions in the daily lives of their account holders and members. The campaign was developed in partnership with Northwest Federal Credit Union, Connexus Credit Union and Patelco Credit Union, all of which were presented during Alkami Co:lab 2024. \”One of the most rewarding aspects of being a community-centric financial institution is supporting our members throughout their lives and financial journeys, from purchasing their first home or car, to opening […] - [Kristen Mahlmann Promoted to Chief Financial Officer At Redwood Credit Union](https://thecreditunionconnection.com/kristen-mahlmann-promoted-to-chief-financial-officerat-redwood-credit-union/): Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union. In her new role, Mahlmann will lead the company’s accounting and finance operations, employee relations, educational development, and employee engagement teams, and oversee strategy for the organization. In addition, the North Bay Business Journal recently included Mahlmann in their Influential Women Awards for 2024, recognizing her as an outstanding local professional who demonstrates exemplary leadership and community involvement. Mahlmann joined RCU in 2019 as senior vice president of accounting and finance. In 2023 she was promoted to senior vice president of people and strategy, for leading the […] - [DCUC Applauds the Department of Veteran Affairs for Temporary Local Variance for Certain Buyer-Broker Charges](https://thecreditunionconnection.com/dcuc-applauds-the-department-of-veteran-affairs-for-temporary-local-variance-for-certain-buyer-broker-charges/): The Defense Credit Union Council (DCUC) provides the following statement in support of the Department of Veteran Affairs (VA) announcement to issue a temporary local variance for charges related to real estate broker or agent (buyer broker) compensation. “DCUC commends the VA for making this important decision,” said Anthony Hernandez, DCUC president/CEO. “This variance will provide deserving service members and veterans better opportunities to use their VA benefits when purchasing a home.” The VA published its announcement on June 11, 2024, stating: “[The] VA regulates fees and charges that may be made against or paid by a Veteran who is […] - [Apple Federal Credit Union and NextMark Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/apple-federal-credit-union-and-nextmark-credit-union-announce-intent-to-merge/): Apple Federal Credit Union and NextMark Credit Union are excited to announce a joint decision to merge. If approved, the combined credit union will have assets of more than $4.8 billion, more than 260,000 members and 25 branches throughout Northern Virginia. The partnership is rooted in shared values and a strong commitment to member service. Both credit unions hold a deep dedication to their members, employees and communities, as well as a common vision for the future. “We are thrilled to be welcoming NextMark into the Apple team. They are a financially sound credit union with a long history of […] - [Vizo Financial’s Hot Dog Eating Contest for Children’s Miracle Network Hospitals Returns on July 18, 2024](https://thecreditunionconnection.com/vizo-financials-hot-dog-eating-contest-for-childrens-miracle-network-hospitals-returns-on-july-18-2024/): Vizo Financial’s annual Hot Dog Eating Contest for Children’s Miracle Network (CMN) Hospitals is returning this summer on July 18, 2024. This year’s event comes with a nostalgic ‘90s theme, credit union sponsorship and contestant opportunities, as well as an appearance by a very special Miracle Family. Over the past 11 years, Vizo Financial’s Hot Dog Eating Contest has hosted over 86 contestants, seen more than 200 hot dogs consumed, been backed by 187 credit union and organization sponsors and raised approximately $58,000 for CMN Hospitals at Penn State Health Children’s Hospital in Hershey, Pa. The contest, which will once […] - [North Island Credit Union Foundation Provides $5,000 in Teacher Grants To Benefit Educators & Students](https://thecreditunionconnection.com/north-island-credit-union-foundation-provides-5000-in-teacher-grants-to-benefit-educators-amp-students/): Understanding organisms and issues in the water shed, starting a market for 3rd grade entrepreneurs, creating a folk art program and launching a solar desalination project are just some of the school projects receiving funding from North Island Credit Union Foundation through its Spring 2024 Teacher Grant program. As part of its commitment to help educators create innovative learning opportunities for their students, the Foundation has provided 10 grants of $500each to underwrite class projects in San Diego county. The credit union grants will fund a diverse range of programs illustrating the creativity and commitment teachers bring to their classrooms […] - [Teachers Federal Credit Union Announces New Branch Opening In Revitalized Holbrook Shopping Center](https://thecreditunionconnection.com/teachers-federal-credit-union-announces-new-branchnbspopening-in-revitalized-holbrook-shopping-center/): Teachers Federal Credit Union is excited to announce the upcoming opening of its newest branch in The Shops at SunVet in Holbrook, New York. Set to open in 2025 as part of the highly anticipated redevelopment of the existing SunVet Mall shopping center, this will be the newest branch Teachers Federal Credit Union will open since expanding its branch presence to Florida last year. The SunVet Mall, once a landmark in the Holbrook community, is being transformed into a vibrant 168,000-square-foot open-air shopping center, The Shops at SunVet. This major revitalization project will feature an array of retail and dining […] - [California Credit Union Foundation Provides $5,000 in Teacher GrantsTo Benefit Educators & Students](https://thecreditunionconnection.com/california-credit-union-foundation-provides-5000-in-teacher-grantsto-benefit-educators-amp-students/): Creating a spoken word poetry program, starting a chick hatching science project, printing a school/student newspaper and planting a school vegetable garden are just some of the school projects receiving funding from California Credit Union Foundation through its Spring 2024 Teacher Grant program. As part of its commitment to help educators create innovative learning opportunities for their students, the Foundation has provided 10 grants of $500 each to underwrite class projects in Los Angeles and Ventura counties. The credit union grants will fund a diverse range of programs illustrating the creativity and commitment teachers bring to their classrooms and communities. […] - [CFPB Proposes to Ban Medical Bills from Credit Reports](https://thecreditunionconnection.com/cfpb-proposes-to-ban-medical-bills-from-credit-reports/): Rule would remove as much as $49 billion of medical debts that unjustly lowers credit scores for 15 million Americans The Consumer Financial Protection Bureau (CFPB) today proposed a rule that would remove medical bills from most credit reports, increase privacy protections, help to increase credit scores and loan approvals, and prevent debt collectors from using the credit reporting system to coerce people to pay. The proposal would stop credit reporting companies from sharing medical debts with lenders and prohibit lenders from making lending decisions based on medical information. The proposed rule is part of the CFPB’s efforts to address […] - [Unit21 Launches AI-powered Check Fraud Prevention & Investigation Features for Financial Institutions](https://thecreditunionconnection.com/unit21-launches-ai-powered-check-fraud-prevention-amp-investigation-features-for-financial-institutions/): This suite of four features prevents fraud loss before it reaches the FI and leverages AI, automating the check investigation process for banks and credit unions. Unit21 announced the launch of its advanced Check Fraud Prevention and Investigation features during this week’s American Banking Association’s (ABA) Risk and Compliance conference. This new suite of tools addresses the rising threat of check fraud, which causes increased financial losses across the banking industry each year. In fact, according to a recent Thomson Reuters report, check fraud accounted for 20% of all SARs filing amounting to nearly 670,000 check fraud SARs filed by […] - [MDT Partners with Persona, Empowering Credit Unions to Better Fight Fraud](https://thecreditunionconnection.com/mdt-partners-with-persona-empowering-credit-unions-to-better-fight-fraud/): Partnership helps credit unions strengthen identity verification and reduce account opening fraud Member Driven Technologies (MDT) today announced a strategic partnership with Persona, the leading unified identity platform. Persona empowers MDT’s credit union clients to adjust their identity verification flows in real time based on risk signals to convert more good users while deterring fraudsters. Clients can mix and match building blocks to design custom-branded end-to-end identity flows that convert more members, streamline operations, and fight fraud. “As fraud continues to rise, investing in technology that helps safeguard our institution and members is a top priority. Persona embeds sophisticated identification […] - [MTC Federal Credit Union Selects Mahalo Banking to Deliver Enhanced Member-Centric Experience](https://thecreditunionconnection.com/mtc-federal-credit-union-selects-mahalo-banking-to-deliverenhanced-member-centric-experience/): Credit union elevates digital banking experience, delivering member-requested functionality Mahalo Banking today proudly announces its collaboration with MTC Federal Credit Union, headquartered in Greenville, S.C. With assets totaling $292M, MTC Federal Credit Union has selected Mahalo\’s leading online and mobile banking solution to roll out member-centric features, enriching the credit union digital landscape. In its search for a digital banking partner, MTC Federal Credit Union sought to enrich its member experience, streamline platform navigation and fulfill member-requested functionalities. Selecting Mahalo enables the credit union to create an enhanced member journey complete with expanded digital features and benefits to bolster member […] - [Leaders Unite for Change During 2nd Annual ‘CU Impact’ Forum](https://thecreditunionconnection.com/leaders-unite-for-change-during-2nd-annual-cu-impact-forum/): 60 Social Impact Practitioners Attend This Year’s Event The California and Nevada Credit Union Leagues successfully hosted the 2nd annual CU Impact forum at Kinecta Federal Credit Union\’s operations center in Manhattan Beach, CA from June 5-6 — an event dedicated to empowering credit unions in their mission to transform communities, measure progress, and amplify stories of social change. View the 2024 CU Impact photo gallery here! This year’s forum brought together 60 credit union social impact practitioners for a unique blend of exceptional sessions, collaborative workshops, and a community development field trip, with the “Unite for Change” theme resonating […] - [Coastal Credit Union Named to the 2024 Best Employers List by Business North Carolina Magazine](https://thecreditunionconnection.com/coastal-credit-union-named-to-the-2024-best-employers-list-by-business-north-carolina-magazine/): Business North Carolina magazine has announced that Coastal Credit Union has been named one of its 2024 North Carolina Best Employers. This is the seventh time that Coastal has won the award over the past eight years, and it marks the tenth year in a row that the credit union has earned at least one best workplace award. “It’s great to be consistently recognized as one of the top employers in North Carolina, an amazing state with plenty of great companies,” said Tyler Grodi, Coastal’s President and CEO. He added, “For Coastal, success is never about the trophies; it’s always […] - [Georgia United’s new Chamblee branch celebrates grand opening and ribbon cutting](https://thecreditunionconnection.com/georgia-uniteds-new-chamblee-branch-celebrates-grand-opening-and-ribbon-cutting/): DeKalb Chamber of Commerce CEO and President Frankie Atwater, Sr. and Chamblee Mayor Brian K. Mock joined Georgia United Credit Union for a grand opening and ribbon cutting ceremony on June 7 celebrating the credit union’s new Chamblee branch at bustling Chamblee Plaza. “We are extremely excited to be in Chamblee and in this community,” said Georgia United Chief Experience Officer Todd Lambright. “Cutting this ribbon today symbolizes growth not just for Georgia United but also this community. We are proud to be a part of it, we are proud to be here and to represent our members here – […] - [Premier Members Credit Union Opens 19th Branch](https://thecreditunionconnection.com/premier-members-credit-union-opens-19th-branch/): Premier Members Credit Union Opens 3rd branch in Westminster Premier Members Credit Union opened their third Westminster location and 19th branch in the state. To celebrate, a ribbon cutting ceremony was held on June 7th with two separate chambers.  Jamie Chavez, Westminster Chamber of Commerce, and Pat Monacelli, Broomfield Chamber of Commerce “We are excited to introduce this new technology to our Premier Members. It allows us more time to spend getting to know our members and building relationships, which is at the heart of being Premier,” Amanda Kutzler, SVP Consumer Retail. Neenan Archistruction, a leading design-build firm based in […] - [In Honor of Elder Abuse Awareness Month, Westerra Credit Union Hosts Seminar on Fraud Prevention for Older Adults](https://thecreditunionconnection.com/in-honor-of-elder-abuse-awareness-monthnbspwesterra-credit-union-hosts-seminar-on-fraud-prevention-for-older-adults/): As part of Elder Abuse Awareness Month, Westerra Credit Union is partnering with the Denver Police Department and Denver’s City Attorney’s Office to host a free, in-person seminar with important information about how older adults can protect their money and personal information from scammers. “Recent statistics from the U.S. Department of Justice’s Office for Victims of Crime show that adults 60 years and older are one of the main targets for increasingly convincing and savvy scams that attempt to obtain money and personal information through deceptive means,“ said Cynnomon Gordon, Westerra’s Director of Fraud Operations. “Fortunately, simple education and resources are […] - [SchoolsFirst FCU Honors Innovative School Superintendent and District at Innovation in Education Awards ](https://thecreditunionconnection.com/schoolsfirst-fcu-honors-innovative-school-superintendent-and-district-at-innovation-in-education-awardsnbsp/): Bonsall Unified School District Superintendent Joseph Clevenger recognized during 21st annual Innovation in Education Awards ceremony hosted by Classroom of the Future Foundation  SchoolsFirst Federal Credit Union presented the Innovative Superintendent and District Team Award to Joseph Clevenger, superintendent of Bonsall Unified School District in Bonsall, Calif., as part of the Innovation in Education Awards program held May 16 at SeaWorld San Diego by the Classroom of the Future Foundation (CFF).  The award was presented by Josh Smith, vice president, school and community relations for SchoolsFirst FCU, and a member of the board of directors for the Classroom of the Future […] - [MDT Brings Together Credit Union Community at Annual MDT E3 Conference](https://thecreditunionconnection.com/mdt-brings-together-credit-union-community-at-annual-mdt-e3-conference/): Credit union clients and partners join forces to engage, educate and evolve Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, hosted its annual 2024 MDT E3 Conference in Southfield, Michigan last month.  Nearly 150 credit union clients and over 50 business partners, including 50 first timers, gathered to immerse themselves in the MDT E3 experience. Patty Corkery, president and CEO of Michigan Credit Union League (MCUL), kicked off the event by delving into the top challenges credit unions face and offering actionable strategies to […] - [SECU Foundation Grant Helps Hendersonville Rescue Mission Build Women’s Ministry Facility](https://thecreditunionconnection.com/secu-foundation-grant-helps-hendersonville-rescue-mission-build-womens-ministry-facility/): SECU Foundation recently announced a capital grant of $325,000 to Hendersonville Rescue Mission (HRM) in support of a new Women’s Ministry facility for women and children experiencing homelessness in Henderson, Polk, Rutherford, and Transylvania counties. The Henderson County non-profit has been providing shelter, meals, addiction recovery, and basic medical and mental health services to homeless and under-resourced residents of Western North Carolina since 1981. Their emergency shelter remains consistently at full-bed capacity. The grant will enable the non-profit to increase its shelter capacity as well as other wrap-around supportive services for more than 230 individuals annually. “HRM’s mission has been […] - [FORUM Credit Union Honors Retiring Executive Leader, Jenny Budreau](https://thecreditunionconnection.com/forum-credit-union-honors-retiring-executive-leader-jenny-budreau/): FORUM Credit Union celebrates the retirement and 40th service anniversary of Jenny Budreau. Jenny’s career at FORUM began in 1984. She joined FORUM after graduating from Ball State University, starting her career as a management trainee. Throughout her 40 years she served in a variety of roles and led multiple teams including Business Development, Retail Delivery, Organizational Development, and Human Resources. Jenny served as FORUM’s Chief Operating Officer from December 2011 through February 2023, and then transitioned to Chief People Officer. In preparation for retirement, she served her last few months at FORUM as Chief Transition Officer. In honor of […] - [Dakota Credit Union Foundation Pledges $200K to CMN Hospitals](https://thecreditunionconnection.com/dakota-credit-union-foundation-pledges-200k-to-cmn-hospitals/): The Dakota Credit Union Foundation has announced a $200,000 commitment to three Children’s Miracle Network (CMN) Hospitals located in North and South Dakota. The announcement was made during the Dakota Credit Union Association’s annual meeting, which was held on May 16, 2024, at Grand Falls Resort & Casino in Larchwood, Iowa. The foundation’s board of directors unanimously voted to approve the expenditure, which will be fulfilled in increments over the next several years. North Dakota’s one CMN Hospital, Sanford Children’s located in Fargo, will receive $100,000 to support the new Credit Unions for Kids Micropreemie Unit. This project, which has […] - [Corporate Central Credit Union Announced Board Retirement and PAHO/WHO Federal Credit Union Announces Promotions](https://thecreditunionconnection.com/unld12fsitq6yhfoemj9iw6xmtm6ef/): Corporate Central Credit Union announced changes to its board leadership and PAHO/WHO Federal Credit Union announced several promotions. New Hires Corporate Central is pleased to announce the hiring of Clare Krupar as Accounting and Office Assistant. In this role, Krupar will support the tasks and goals of the accounting department, providing essential assistance for organizational tasks and events. Her responsibilities will include providing general accounting support, processing incoming and outgoing mail and packages, offering general office and clerical support, assisting with reception duties, and contributing to various projects as needed. Promotions Esteban Arze has been promoted to Vice President of […] - [CCUA Wraps Up Inaugural Fintech Connect Event With Resounding Success](https://thecreditunionconnection.com/ccua-wraps-up-inaugural-fintech-connect-event-with-resounding-success/): The inaugural Fintech Connect event, hosted by the Cooperative Credit Union Association (CCUA), concluded with resounding success, leaving attendees buzzing with excitement over the future of fintech. Held at the Bedford Event Center on Monday and Tuesday (June 3-4), the conference saw nearly 150 industry leaders from across the globe converging for an experience dedicated to the latest innovations in financial technology. The event kicked off with a pre-conference panel and reception on Monday evening, generously sponsored by CUNA Strategic Services and Curql. Attendees were treated to a night of lively entertainment by Liquidity Crisis, setting the stage for an […] - [Reliant Credit Union Awards $24,000 in Scholarships](https://thecreditunionconnection.com/reliant-credit-union-awards-24000-in-scholarships/): June 6, 2024— Reliant Credit Union is pleased to announce that 14 students will receive scholarships through its 2024 Donald K. Rhine Scholarship program. The scholarship is open to any Reliant member who currently attends or plans to attend an accredited two- or four-year college full-time in the coming school year. Created in honor of the founder of Reliant Credit Union, the scholarship is awarded to students who exemplify the credit union’s “people helping people” philosophy. This year’s recipients of Reliant’s Donald K. Rhine scholarship are listed below, along with their hometowns. Marissa Comstock – Williamson Calistine Feger – Victor […] - [Use a credit or debit card? Then you won\'t like this deal.](https://thecreditunionconnection.com/use-a-credit-or-debit-card-then-you-wont-like-this-deal/): By Ashley Sharp and Ben Jackson While most Illinois consumers enjoyed the Memorial Day weekend, Illinois legislators were busy hammering out a budget deal to fund our state government for the coming year. Buried in that budget was a novel, nonbudgetary giveaway to corporate retailers like Home Depot and Walmart: Retailers may no longer be charged a payment processing fee on the taxes and gratuities on consumers’ purchases. This hasty deal will cost small retailers money and disrupt transactions for Illinois consumers while not raising a cent to fund government services. Conversely, it may cost state and local governments tax […] - [$372,000 Granted To Nonprofits Through 2024 Numerica Charitable Fund](https://thecreditunionconnection.com/372000-granted-to-nonprofits-through-2024-numerica-charitable-fund/): With grants for 21 regional nonprofits, Numerica Credit Union distributed more than $372,000 through the 2024 Numerica Charitable Fund. This annual program partners with organizations that align with the credit union’s philanthropic initiative, Numerica CARES for Kids. “Numerica CARES for Kids is dedicated to uplifting children and families,” said Carla Cicero, Numerica president and CEO. “We are proud to support and walk alongside these nonprofits who are providing vital services day in and day out to those in need. Numerica’s Charitable Fund is committed to fostering positive change and making a meaningful difference in our community.” The 11 Spokane Numerica […] - [NCUA Charters Fair Break Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-fair-break-federal-credit-union/): Second Charter Issued Under the Provisional Charter Pilot Initiative The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Fair Break Federal Credit Union in Memphis, Tenn. Fair Break Federal Credit Union is the second federal credit union to receive a charter under the NCUA’s provisional charter pilot initiative. The provisional charter pilot is one of several recent measures the NCUA has taken to modernize and improve credit union chartering. This pilot allows a credit union’s organizers to obtain a federal credit union charter and provides them 12 months to obtain the capital necessary […] - [DEI Summit Speaker Highlight: Shelley Brown](https://thecreditunionconnection.com/dei-summit-speaker-highlight-shelley-brown/): Register for the 2024 DEI Summit and hear from Shelley Brown, a high energy speaker focused on helping organizations create their greatest culture. Examine the impact that \’shoulds\’ have on our life, leadership, and organization and experience how Shelley champions cultural cohesion and belonging. Register now! - [How To Craft A Meaningful Career](https://thecreditunionconnection.com/how-to-craft-a-meaningful-career/): Jackie Brown, Founder, Shifting Success “People helping people” is a noble cause and is often mentioned as the “why” when talking with someone who loves working in the credit union industry. Many credit union professionals love holding the banner high, touting service to others over profit. They build meaningful careers within the industry, often staying at one credit union their entire career. Yet for many other credit union professionals, “The Movement” doesn’t quite mesh. It’s not inspiring, and it doesn’t move them. I’ve experienced both sides firsthand. The difference is night and day.  When I first started working at a […] - [VyStar Credit Union Celebrates its Expansion in Tallahassee with the Grand Opening of its Third Branch Location](https://thecreditunionconnection.com/vystar-credit-union-celebrates-its-expansion-in-tallahassee-with-the-grand-opening-of-its-third-branch-location/): WHAT: Join VyStar Credit Union for the official ribbon cutting ceremony of its Capital Circle branch, the credit union’s third location in Tallahassee. To celebrate the grand opening, VyStar will present a $5,000 check to the Women Veterans Unite. For more than 70 years VyStar has supported programs and initiatives that ensure active military members, veterans and their families receive the social services they need and the recognition they deserve. The mission of the Women Veterans Unite is to advocate, educate, and bond with all active, reserve, and veteran military women. WHO: Interviews will be available at the ribbon cutting […] - [NCUA Office of Financial Technology and Access Establishes Office Hours](https://thecreditunionconnection.com/ncua-office-of-financial-technology-and-access-establishes-office-hours/): The National Credit Union Administration’s Office of Financial Technology and Access is establishing office hours where credit union representatives, financial technology companies, and credit union associations can schedule time to speak about financial technology with representatives from the NCUA’s fintech and credit union programs. Potential topic areas of discussion can include, but are not limited to, questions related to emerging technology in credit unions, fintech inquiries from credit unions, financial inclusion through technology inquiries, and general questions or points of discussion related to barriers experienced by credit unions and fintech companies when interacting with one another. Stakeholders can submit a […] - [Adoption of Alkami\'s Data & Marketing Solutions Grows as Demand for Personalized Digital Banking Experiences Increases](https://thecreditunionconnection.com/adoption-of-alkamis-data-amp-marketing-solutions-grows-as-demand-for-personalized-digital-banking-experiences-increases/): Financial institutions using Alkami\’s Data & Marketing Solutions attain 13X ROI on average Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) announced that the number of new contracts signed by financial institutions for Alkami\’s Data & Marketing Solutions have increased a total of 76.5% for 2022 and 2023 combined compared to contract signings for the previous two-year-period (2020 and 2021 combined). This momentum comes as regional and community banks and credit unions face increased pressure to provide a top tier digital banking experience for account holders, and search for innovative marketing, data and artificial intelligence (AI)-driven solutions to help them deliver a […] - [REPAY Empowers Credit Unions with Enhancements to CU*Answers Integration](https://thecreditunionconnection.com/repay-empowers-credit-unions-with-enhancements-to-cuanswers-integration/): Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”) today announced new enhancements to the company’s integration with partner CU*Answers, a 100% credit union-owned, Credit Union Service Organization (CUSO) that provides core processing solutions and services for hundreds of credit unions across the U.S. Various new features, including real-time payment posting and tracking, simplified sign-in capabilities, and streamlined loan payment modalities are designed to benefit both the members and business operations of credit unions utilizing CU*Answers’ CU*BASE platform. As an integrated partner, REPAY enables CU*Answers’ wide network of credit union clients to streamline processing efficiencies by securely accepting ACH and card payments via […] - [Origence Celebrates 30th Anniversary With “30 Years Of Impact” Fundraiser Supporting Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/origence-celebrates-30th-anniversary-with-30-years-of-impactfundraiser-supporting-childrens-miracle-network-hospitals/): Origence to match donations made under the campaign at Lending Tech Live ‘24. Origence celebrates its 30-year anniversary of serving credit unions with a special “30 Years of Impact” campaign fundraiser for Children’s Miracle Network Hospitals nationwide. “As we commemorate Origence’s 30-year anniversary, we are grateful for each of our credit union partners who have been integral to our journey of growth and impact. To mark this significant occasion, I am excited to announce our \”30 Years of Impact\” campaign in partnership with Credit Unions for Kids / Children’s Miracle Network Hospitals to give back to our communities in the […] - [Adventure Credit Union and Astera Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/adventure-credit-union-and-astera-credit-union-announce-intent-to-merge/): Adventure Credit Union and Astera Credit Union are excited to announce their plans to merge, pending regulatory approval and a membership vote. This strategic merger will combine the strengths of both credit unions, creating a stronger and more resilient financial institution dedicated to serving members and communities across Michigan. Adventure Credit Union and Astera Credit Union have long histories of providing exceptional financial products and services to their members. By joining together, the combined credit union will leverage shared resources and expertise to deliver enhanced value to their members while maintaining a strong commitment to the communities they serve. Set […] - [TBA Credit Union Recognized as a 2024 MyNorth Red Hot Best Winner](https://thecreditunionconnection.com/tba-credit-union-recognized-as-a-2024-mynorth-red-hot-best-winner/): TBA Credit Union is proud to announce that it has been named a winner of the MyNorth Red Hot Best Awards in the Traverse City Best Bank/Financial Institution category for another consecutive year. This recognition is a testament to the unwavering trust and support of our members, who have consistently voted for us in this admired local award. MyNorth has hosted the Red Hot Best Awards for over ten years. This sought-after award brings together communities across Northern Michigan to honor the best of the best in over 40 different categories. “We are thrilled to receive the Red Hot Best […] - [2 ways to look at 3 credit union “innovations”](https://thecreditunionconnection.com/2-ways-to-look-at-3-credit-union-innovations/): And how they hurt small credit unions Denise Wymore, Chair of the Board, CU De Novo Collective A group of fifty CEOs from small credit unions met last fall in an open forum, non-league sponsored, one-of-a-kind event to discuss ways they could collaborate to avoid mergers. Initially, the group was asked what some of their challenges were. Let’s face it: there are 99 problems running a small credit union today. But three items on their long list I would have never guessed. Here are some of what we would call “victories” or “innovations” in the movement that have become obstacles […] - [Q2 Announces 2024 Excellence Award Winners](https://thecreditunionconnection.com/q2-announces-2024-excellence-award-winners/): Seven financial institutions recognized for their commitment to digital innovation, community impact and transforming the customer experience Q2 Holdings, Inc. (NYSE:QTWO) today announced the 2024 Q2 Excellence Award recipients. The annual award program recognizes banks, credit unions and financial services organizations that have demonstrated best-in-class, differentiating qualities, ranking them among the industry’s best. The winners will be honored at CONNECT24, Q2’s annual conference, which will be held on June 4-6 in Austin, Texas. The banks and credit unions selected as this year’s Q2 Excellence Award winners have achieved exceptional outcomes and introduced innovative solutions for their organizations, customers, members and […] - [Open Lending Announces Dan Berger, Former President and CEO of NAFCU, as a Strategic Advisor](https://thecreditunionconnection.com/open-lending-announces-dan-berger-former-president-and-ceo-of-nafcu-as-a-strategic-advisor/): Seasoned financial services leader to help promote growth strategies at lending enablement leader Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”) is pleased to announce Dan Berger, former President and CEO of the National Association of Federally-Insured Credit Unions (“NAFCU”) will be a strategic advisor to Open Lending’s executive leadership team. As a trusted advisor, Berger will collaborate closely with Open Lending to enhance product offerings and innovation, drive market share, and further expand relationships with credit unions across the country. Berger brings a wealth of expertise in the financial services industry, having led NAFCU through a period […] - [Commonwealth Shares Key Insights, Opportunities on Transformational Potential of AI in Financial Services for Americans Earning Low to Moderate Incomes](https://thecreditunionconnection.com/commonwealth-shares-key-insights-opportunities-on-transformational-potential-of-ai-in-financial-services-for-americans-earning-low-to-moderate-incomes/): New Report Based on Three-Year Initiative Supported by JPMorgan Chase Includes Recommendations for Financial Services Providers and Promising Future Directions for AI Development Commonwealth released key insights gleaned from a three-year project supported by JPMorgan Chase designed to achieve the promise of artificial intelligence for all by focusing on ensuring that the needs of households earning low to moderate incomes (LMI) are understood and integrated into financial design and implementations. At this critical inflection point in scaling AI, it is urgent to research and identify the ways in which AI can positively impact the financial lives of these populations, which […] - [SECU Awards Statewide Scholarships to 234 Youth Members for Summer Camp Adventures ](https://thecreditunionconnection.com/secu-awards-statewide-scholarships-to-234-youth-members-for-summer-camp-adventuresnbsp/): Through its annual Summer Camp Awards program, State Employees’ Credit Union (SECU) provided $500 scholarships to 234 youth members statewide for 2024. One FAT CAT® and one Zard® winner per credit union branch were randomly selected in a drawing of all eligible entries, with scholarships totaling $117,000. Scholarships will be used for the registration costs and associated fees at the summer camp of choice by each youth winner. More than 400 applicants entered the contest by submitting an original art illustration or written essay about their dream summer camp adventure. The program is designed to encourage youth to continue learning and […] - [ICUF Announces Graduates of 2024 Financial Coach Program](https://thecreditunionconnection.com/icuf-announces-graduates-of-2024-financial-coach-program/): Participants join network of 250 alumni The Iowa Credit Union Foundation (ICUF), the philanthropic arm of the Iowa Credit Union League, announced the 2024 graduates of its ‘People Helping People’ Financial Coach Program. The program, which ran virtually in May, featured 50 attendees from 19 different credit unions. They join a network of 250 coaches in 42 different Iowa credit unions. Participants were immersed in learning and simulation to help them grow in understanding of how a person’s relationship with money can impact their financial decision-making and lead to potential hardship. Financial coaches are member advocates who can help credit […] - [California Credit Union Foundation Awards 20 Scholarships to College-Bound Southern California Students](https://thecreditunionconnection.com/california-credit-union-foundation-awards-20-scholarships-to-college-bound-southern-california-students/): California Credit Union Foundation has awarded 20 scholarships of $1,000 each to college-bound students in Los Angeles, Orange and Ventura Counties in its annual College Scholarship Program. Through the program, California Credit Union Foundation recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. “We were excited to see so many promising students participate in our program this year, and hope these scholarships will make the road to a college education just a little bit easier,” said California Credit Union Foundation President Marvel Ford. “We are proud to […] - [LCUL Launches \'No Credit Union Left Behind\' Store to Garner Support](https://thecreditunionconnection.com/lcul-launches-no-credit-union-left-behind-store-to-garner-support/): Credit unions with assets less than $50 million are defined by NCUA as a small credit union; 48% of America’s credit unions live inside this parameter. Louisiana Credit Union League (LCUL) President/CEO, Juan Fernandez, shared the phrase ‘No Credit Union Left Behind’ during a national conference panel discussion, to emphasize the important task of creating opportunities for all credit unions to thrive. \”As the initiative that no credit union should be left behind grows, we want to amplify the significant role that small credit unions play in the credit union movement and ensure that every credit union – no matter […] - [ELGA Credit Union to Acquire Marine Bank & Trust](https://thecreditunionconnection.com/elga-credit-union-to-acquire-marine-bank-amp-trust/): ELGA Credit Union (\”ELGA CU\”) and Marine Bancorp of Florida, Inc. (OTCMKTS: MBOF), the holding company for Marine Bank & Trust Company (\”Marine Bank\”), today announced that the companies have entered into a definitive agreement under which ELGA CU will acquire Marine Bank in an all-cash transaction. Subject to the terms of the agreement, shareholders of Marine Bank will receive $43.75 in cash for each share owned. The transaction, which was unanimously approved by the boards of directors of ELGA CU and Marine Bank, combines ELGA CU\’s consumer and low-income lending expertise with Marine Bank\’s commercial and treasury management offerings. […] - [Mission City Federal Credit Union Appoints Kamil Sakici as Chief Executive Officer](https://thecreditunionconnection.com/mission-city-federal-credit-union-appoints-kamil-sakici-as-chief-executive-officer/): The Board of Directors of Mission City Federal Credit Union is pleased to announce the appointment selection of Kamil Sakici as the credit union’s new Chief Executive Officer. Mr. Sakici will succeed Mr. David Waterman, who is retiring after 12 years of dedicated service. “We are excited to have Kamil join our team at Mission City as our new CEO,” said Thai Tran, Board Chairperson. “Kamil’s extensive experience building community-focused financial organizations will enable Mission City to continue growing and serving our community. Kamil has demonstrated the ability to balance membership growth with financial performance and organizational development. Our staff […] - [Reminder: 2024 CDRLF Grant Round Application Period Ends July 1](https://thecreditunionconnection.com/reminder-2024-cdrlf-grant-round-application-period-ends-july-1/): More than $3.4 Million Available Low-income-designated credit unions have until July 1 to apply for 2024 Community Development Revolving Loan Fund grants. The agency will administer more than $3.4 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds. Eligibility and award categories information is available here, and credit unions with questions about the grants should contact the NCUA’s Office of Credit Union Resources and Expansion at CUREAPPS@ncua.gov. A video explaining how to apply for a CDRLF grant is available on the NCUA’s YouTube Channel. The 2024 CDRLF grant round is open to credit unions with […] - [Governor Kim Reynolds Signs House File 131](https://thecreditunionconnection.com/governor-kim-reynolds-signs-house-file-131/): Bill makes changes to Iowa Credit Union Act, including board governance Iowa Governor Kim Reynolds signed House File 131 into law in May after it passed through the Iowa Senate and House with strong, bipartisan support. The bill makes various changes to the Iowa Credit Union Act (Chapter 533) and goes into effect July 1. Click here for photos of the bill signing. Originally passed in 1925, the Iowa Credit Union Act ensured Iowans had access to affordable services through cooperatively owned financial institutions. Changes to Chapter 533 were needed to update certain aspects of credit union board governance along […] - [Affinity Plus Welcomes New Chief Information Officer Radha Chavali](https://thecreditunionconnection.com/affinity-plus-welcomes-new-chief-information-officer-radha-chavali/): New CIO effective May 2024, following the retirement of CIO Teri Laufers Affinity Plus Federal Credit Union has hired Radha Chavali as its new Chief Information Officer (CIO), effective May 2024, following the retirement of CIO Teri Laufers. Radha brings over two decades of extensive technology experience in IT strategic planning, business process transformation, enterprise program management, mergers and acquisitions, infrastructure and security modernization, and IT operation optimization. As a strategic executive, Radha excels in aligning technology roadmaps with organizational goals by cultivating robust business relationships and stakeholder alignment, ensuring a strong return on investment. Radha has demonstrated her expertise […] - [LEVERAGE Partners with Clutch to Transform Consumer Banking](https://thecreditunionconnection.com/leverage-partners-with-clutch-to-transform-consumer-banking/): LEVERAGE, the service corporation for the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates), is excited to announce a new strategic partnership with Clutch, a leading financial technology platform specializing in omnichannel consumer loan and deposit account opening solutions exclusively for credit unions. With Clutch\’s innovative platform, credit unions gain access to cutting-edge technology that enhances member experiences while streamlining operations. Leveraging its expertise and collaborative approach, Clutch aims to empower credit unions to fulfill their digital aspirations and better serve their members in today\’s rapidly evolving financial landscape. \”With Clutch, credit unions can serve their members better, […] - [HFS Federal Credit Union Awards $45,000 in Scholarships](https://thecreditunionconnection.com/hfs-federal-credit-union-awards-45000-in-scholarships/): The hopes and dreams of local students are alive and well despite economic challenges and the rising costs of post-secondary education. HFS Federal Credit Union understands the need and is here to help! For the past 13 years, the Credit Union has awarded over $235,000 in scholarships to more than ninety student members to help with their college expenses. This year, ten scholarships were awarded to graduating Big Island high school seniors and five scholarships to current college students attending a 2-year, 4-year, or graduate program. Each recipient was awarded $3,000 for a total of $45,000 in scholarships for the […] - [SDCCU Partners with Rancho Coastal Humane Society to Help Place Special Needs Pets](https://thecreditunionconnection.com/sdccu-partners-with-rancho-coastal-humane-society-to-help-place-special-needs-pets/): SDCCU Furever Friends connects animals with loving families San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, has partnered with Rancho Coastal Humane Society (RCHS) to help find loving homes for harder to place animals. The SDCCU Furever Friends program will spotlight dogs and cats with special needs being cared for by RCHS and help connect them with local families. Details at sdccu.com/petadoption. The animals featured in the Furever Friends program will typically be older, long-term residents of RCHS, or have specific needs that require particular attention or a more seasoned adopter. Oftentimes, these animals […] - [PAHO/WHO Federal Credit Union Annual Meeting Kicks Off 75th Anniversary #ShareWellness75 Celebration](https://thecreditunionconnection.com/pahowho-federal-credit-union-annual-meeting-kicks-off-75th-anniversary-sharewellness75-celebration/): Over 200 virtual attendees joined the 104 members attending on-site to celebrate PAHO/WHO Federal Credit Union’s success at the 74th Annual Meeting. During the 74th Annual Meeting, PAHO/WHO FCU recognized longtime volunteer and Supervisory Committee member Sylvia Schultz, for over 20 years of service. 2024 marks PAHO/WHO FCU 75th year of proudly serving the global health community and delivering on its mission to help members live better, healthier financial lives. During the Annual Meeting they announced they are celebrating their 75th anniversary by Sharing the Wellness. Over the next 12 months, the Credit Union will be showing their member appreciation […] - [Westerra Credit Union Scholarship Supports Denver Metro High School Students’ Higher Education Dreams](https://thecreditunionconnection.com/westerra-credit-union-scholarship-supports-denver-metro-high-school-students-higher-education-dreams/): Westerra Credit Union has once again awarded its annual scholarship to graduating high school seniors who are continuing their educational journey through two- or four-year universities or trade school. As part of Westerra’s larger Westerra Cares’ program, which includes a focus on education, scholarships are provided to students through a series of collaborations with various community organizations, including Aurora Public Schools Foundation, Cherry Creek Schools Foundation, The Foundation for Douglas County Schools, Hide in Plain Sight, Jefferson County Administrators’ Association and Mapleton Public Schools Foundation.  “This annual scholarship recognizes students’ outstanding academic achievement, leadership potential and community involvement,” said Kristina […] - [Registration Now Open for Discovery2024 Conference](https://thecreditunionconnection.com/registration-now-open-for-discovery2024-conference/): Discovery2024 marks the 15th anniversary of the credit union industry’s largest virtual conference Registration is open for one of the credit union industry\’s largest virtual conferences, Discovery2024. This year’s event will be held on Thursday, August 8, 2024. The conference, which TruStage™ coordinates, begins at 9:00 a.m. CDT. The no-cost, all-day event will feature two keynote speakers, six general sessions and – for the first time ever – three sessions spotlighting TruStage products, services and innovations. Among this year’s keynote speakers is visionary futurist Brett King. King’s keynote will look at the future of finance, inspire attendees and equip them with […] - [Park Community Credit Union Foundation Is Set To Award $100,000 In Community Grants Through Pathways To Prosperity Program](https://thecreditunionconnection.com/park-community-credit-union-foundation-is-set-to-award-100000-in-community-grants-through-pathways-to-prosperity-program/): Park Community Credit Union Foundation is pleased to open applications for the Pathways to Prosperity Grant Program for its second year. The program will award a total of $100,000 to qualifying nonprofit organizations for projects in Kentucky and Southern Indiana that align with the Foundation’s three impact areas-financial wellbeing, education, and thriving communities. The Foundation celebrates its first year since re-launching under the name Park Community Credit Union Foundation, a natural next step for the organization that began in 2019 as NSPIRE, the philanthropic arm of Park Community Credit Union. Last year, under the leadership of Shannon Kisselbaugh, Executive Director, […] - [Tower Federal Credit Union Earns Great Place to Work® Certification—Six Years in a Row!](https://thecreditunionconnection.com/tower-federal-credit-union-earns-great-place-to-work-certificationsix-years-in-a-row/): Tower has received recognition for the sixth consecutive year by the independent analysts at Great Place to Work®, an industry leader on quantifying employee experience. For the sixth consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW). Rick Stafford, Tower’s President and CEO, credits Tower’s exceptional team of employees and the credit union’s service-driven, people-oriented culture as the reason for the recognition. “Our Great Place to Work recognition is especially meaningful because it comes from our employees,” said Rick Stafford, Tower’s President & CEO. “It shows us […] - [CFPB Creates Registry to Detect Corporate Repeat Offenders](https://thecreditunionconnection.com/cfpb-creates-registry-to-detect-corporate-repeat-offenders/): Registry will help law enforcement identify recidivist companies and the individuals responsible for repeat offenses The Consumer Financial Protection Bureau (CFPB) today finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer laws and are subject to federal, state, or local government or court orders. The registry will also help the CFPB to identify repeat offenders and recidivism trends. The new registry is part of the CFPB’s ongoing focus on holding lawbreaking companies accountable and stopping corporate recidivism. “Too often, financial firms treat penalties for illegal activity as the cost of doing business,” […] - [Nutmeg State Financial Credit Union and First Bristol Federal Credit Union Announce Merger Approval](https://thecreditunionconnection.com/nutmeg-state-financial-credit-union-and-first-bristol-federal-credit-unionannounce-merger-approval/): ** Merger creates $675 million credit union serving 48,000 members across Connecticut ** Nutmeg State Financial Credit Union (Nutmeg) and First Bristol Federal Credit Union (First Bristol) announced today that their proposed merger has received regulatory approval as well as approval by a majority vote of the First Bristol membership. The merger was effective June 1, 2024, with operational integration planned for January 2025. The $675 million organization, which will serve 48,000 members with 10 branches across Connecticut, will take on the Nutmeg name and charter as the continuing credit union. Nutmeg Chief Executive Officer John Holt will serve as […] - [Lincoln County Credit Union Makes Huge Donation To Troy Chamber Of Commerce](https://thecreditunionconnection.com/lincoln-county-credit-union-makes-huge-donation-to-troy-chamber-of-commerce/): After years of providing local businesses with guidance and visibility, the Troy Chamber of Commerce has now asked local businesses for help. Mike Lidgett, Troy Chamber President, believes the city of Troy could use economic stimulus. Beginning 2025, the Troy Chamber hopes to deliver various productions including a summertime concert series called, “Rockin’ in Roosevelt Park”. A concert series will bring more people to the city of Troy, adding more revenue to expand on community-centered programs. This was expressed in a flyer given to businesses when issuing membership renewal. Seeing an opportunity to support the community, Lincoln County Credit Union […] - [The Family Credit Union Supports Local Nonprofits through Revamped Family Sponsored Summer Program](https://thecreditunionconnection.com/the-family-credit-union-supports-local-nonprofits-through-revamped-family-sponsored-summer-program/): Credit union offers discounted admission rates to Quad City attractions The Family Credit Union launched a newly revamped Family Sponsored Summer program to support local non-profit organizations. Formerly known as Discount Days, Family Sponsored Summer gives all members of the community an opportunity to visit Quad City attractions at a greatly discounted admission rate and now provides more flexibility in the times people can attend. The following Quad City nonprofit attractions are participating in the program this year: The Family Museum, Bettendorf Putnam Museum, Davenport Moline Parks and Recreation, Moline Quad City Botanical Center, Rock Island “Here at The Family, […] - [North Island Credit Union Foundation Partners with North County African American Women’s Association to Award Four College Scholarships](https://thecreditunionconnection.com/north-island-credit-union-foundation-partners-withnorth-county-african-american-womens-association-to-award-four-college-scholarships/): North Island Credit Union Foundation recently awarded four $2,500 college scholarships to local students in partnership with the North County African American Women’s Association (NCAAWA). In the fourth year of the partnership, the North Island Credit Union Foundation 2024 Scholarships were awarded through the NCAAWA’s Scholarship Program, created to assist young African American women in acquiring higher education from an academic institution. The North Island Credit Union Foundation 2024 Scholarship recipients through the NCAAWA Program include: Dejah Crews-Siler, who is majoring in Business Administration at Southern New Hampshire University. 2024 El Camino High School graduate Janae Fraizer who will attend […] - [SchoolsFirst Federal Credit Union Surpasses Fundraising Goal for CHLA Walk & Play L.A. 2024](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-surpasses-fundraising-goal-for-chla-walk-amp-play-la-2024/): Credit Union Members and team members provided support to Children’s Hospital Los Angeles through event participation and in-branch fundraising activities SchoolsFirst Federal Credit Union today announced that the Credit Union raised more than $10,900 for Children’s Hospital Los Angeles (CHLA) through participation at the CHLA Walk & Play L.A. 2024 annual fundraising event, and through a fundraising campaign held in the Credit Union’s branch locations in Los Angeles and the Inland Empire. Representing SchoolsFirst FCU, 23 teammembers and 21 of their family members participated in the CHLA Walk & Play L.A. event on May 18, held at the Santa Monica […] - [NCUA’s MDI Awareness Month Activities Highlight Service, Partnerships, and Progress](https://thecreditunionconnection.com/ncuas-mdi-awareness-month-activities-highlight-service-partnerships-and-progress/): June is Minority Depository Institution Awareness Month at the National Credit Union Administration, and the agency will feature activities and events highlighting the essential role MDIs play in their communities. The NCUA’s MDI Awareness Month activities include: A June 5 webinar, “What is an MDI?,” discussing the requirements for the MDI designation and the MDI business model. A June 18 webinar, “How MDIs Serve Their Communities,” featuring presentations from credit unions and credit union leagues. The release of the agency’s 2023 MDI Annual Report to Congress. Outreach to potential MDIs about the process and benefits of designation. Sharing stories [on […] - [TBA Credit Union Celebrates Another Successful Year of the Student-Run Credit Union](https://thecreditunionconnection.com/tba-credit-union-celebrates-another-successful-year-of-the-student-run-credit-union/): TBA Credit Union has wrapped up the 2023-2024 Student-Run Credit Union (SRCU) program and helped students save over $3,500. This past year, the program was held in nine local schools. This year, Blair Elementary School will receive the traveling trophy, which is awarded yearly to the school with the highest percentage of participation from TBA Credit Union student account holders. The Student-Run Credit Union program is designed to encourage lifelong savings habits and provide first-time job experience to students in the 4th or 5th grade. Student volunteers apply and interview for their desired credit union position, then run an SRCU […] - [Day Air Credit Union Awards Two $1,000 Scholarships to Area Students](https://thecreditunionconnection.com/day-air-credit-union-awards-two-1000-scholarships-to-area-students-1/): Day Air Credit Union is pleased to announce that Sydney Wilson and Cole Malenich are the recipients of the 2024 Bettina L. Buscemi Memorial Scholarship. The Bettina L. Buscemi Memorial Scholarship is in memory of Bettina L. Buscemi, a long-time valued Day Air Credit Union associate. This scholarship is awarded annually to local students who demonstrate academic achievement and community involvement. Sydney Wilson, a 2024 Northmont High School graduate, will be attending Spelman College, where she will pursue a Biochemistry degree. Sydney was active in Student Government, Montgomery County Leadership Academy, various local community charities, and much more. Sydney’s proudest […] - [Credit Union League Recognizes Credit Union Professionals and Two Credit Unions Announce Promotions](https://thecreditunionconnection.com/1uicp9ablj3qcvneqp2w8padffeajb/): Montana’s Credit Unions recognizes credit union professionals at their annual Power Up conference and Bay Federal Credit Union announces two promotions within its leadership. Recognitions Four credit union professionals were recognized at Montana’s Credit Unions annual Power Up conference this week. The organization is proud to acknowledge the following individuals who demonstrate leadership beyond their credit unions, maintain unrelenting dedication to the credit union principles, and serve as mentors in their credit unions and communities: Professional of the Year: Jack Lawson, Clearwater Credit Union Young Professional of the Year: Erin Knerr, Fergus Federal Credit Union Mitch Reed Volunteer of the […] - [NCUA Prohibits Four Individuals From Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-four-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration issued four consent orders in May 2024. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Arneta Davis, a former employee of Dow Great Western Credit Union in Antioch, California, agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board’s claim against her. Eric Stash, a former employee of San Juan Credit Union in Blanding, Utah, agreed and consented to the issuance of a prohibition order and agreed to comply with […] - [CFPB Sues Student Loan Servicer PHEAA for Pursuing Borrowers for Loans Discharged in Bankruptcy](https://thecreditunionconnection.com/cfpb-sues-student-loan-servicer-pheaa-for-pursuing-borrowers-for-loans-discharged-in-bankruptcy/): Lawsuit alleges PHEAA illegally collects money that borrowers do not owe, reports false information to credit reporting companies Today, the Consumer Financial Protection Bureau (CFPB) sued student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), which does business as American Education Services (AES), for illegally collecting on student loans that have been discharged in bankruptcy and sending false information about consumers to credit reporting companies. The CFPB’s lawsuit asks the court to order PHEAA to stop its illegal conduct, provide redress to borrowers it has harmed, and pay a civil penalty. “PHEAA has ignored its responsibilities and illegally pursued borrowers […] - [Holly Gotwals, Teacher for Adult Transition Program at Rocklin Unified School District, Named 2023/2024 Esquire IMAX Teacher of the Year](https://thecreditunionconnection.com/holly-gotwals-teacher-for-adult-transition-program-at-rocklin-unified-school-district-named-20232024-esquire-imax-teacher-of-the-year/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, in partnership with ABC10 Sacramento, Esquire IMAX Theatre and Sacramento State’s College of Education, today announced that Holly Gotwals of Rocklin Unified Adult Transition Program has been named 2023/2024 Esquire IMAX Teacher of the Year. The prestigious award was presented during a special ceremony at the Esquire IMAX Theatre in downtown Sacramento.  Holly Gotwals was selected from a pool of 12 monthly award recipients. A graduate of Sacramento State, Ms. Gotwals has been teaching for 23 years. She teaches a special education adult transition class for […] - [APCU/Center Parc Credit Union Announces Definitive Agreement to Acquire Affinity Bank](https://thecreditunionconnection.com/apcucenter-parc-credit-union-announces-definitive-agreement-to-acquire-affinity-bank/): Atlanta Postal Credit Union (APCU) along with its community-based subsidiary, Center Parc Credit Union, and Affinity Bancshares, Inc (“Affinity”) (NASDAQ: AFBI) announced today that APCU has entered into a definitive agreement pursuant to which the credit union will acquire Covington, Georgia-based Affinity Bank, National Association, a wholly-owned subsidiary of Affinity. The transaction is structured as a purchase and assumption agreement whereby APCU will acquire Affinity Bank by purchasing substantially all assets and assuming substantially all liabilities of Affinity Bank in an all-cash transaction. The agreement was unanimously approved by the Boards of Directors of APCU/Center Parc and Affinity. The transaction […] - [Caring House Receives $3 Million Challenge Grant for Expansion of Durham Hospitality House](https://thecreditunionconnection.com/caring-house-receives-3-million-challenge-grant-for-expansion-of-durham-hospitality-house/): SECU Foundation recently announced its pledge of support for Caring House with a $3 million challenge grant for the construction of an addition that will more than double the capacity of its Durham-based hospitality home. The non-profit serves more than 700 patients, who, along with their caregivers, travel each year for life-saving treatments at Duke Cancer Institute (DCI). Funding for the Caring House expansion builds upon the success of SECU Foundation’s flagship project that was approved nearly 20 years ago for the SECU Family House at UNC Hospitals in Chapel Hill. Since then, the Foundation has helped fund similar facilities […] - [Library of Congress Federal Credit Union Announces 2024 Scholarship Awardees](https://thecreditunionconnection.com/library-of-congress-federal-credit-union-announces-2024-scholarship-awardees/): The Library of Congress Federal Credit Union has awarded the 2024 Scholarship to four deserving high school seniors. This year’s recipients, Natalie Goryachev, Melanie Jones, Danielle Olamide, and Samuel Sharp were each awarded a $2,000 scholarship for their outstanding academic achievement. “We are honored to support the next generation of leaders,” said Jennifer Hurst, President/CEO of Library of Congress FCU. “This year’s pool of applicants was exceptional. The four selected stood out for their academic excellence and we wish them all the best in their educational pursuits.” The Library of Congress FCU scholarship is awarded annually to young credit union […] - [Announcing Social Impact Awards](https://thecreditunionconnection.com/announcing-social-impact-awards/): Dakota Credit Union Association (DakCU) is pleased to announce this year’s winners of the Social Impact Awards for contributions that have made a significant impact in building stronger communities and improving lives. The recipients were formally recognized during the DakCU Awards Banquet that was recently held at the Grand Falls Casino & Resort. Credit unions nominated for this award must have consistently demonstrated qualities of compassion and service to either one organization or a variety of volunteer activities. Congratulations to: North Dakota State Credit Union Winner: Town & Country CU, Minot, ND. This credit union actively engages in numerous community-driven […] - [SD Central Credit Unions Named Chapter of the Year](https://thecreditunionconnection.com/sd-central-credit-unions-named-chapter-of-the-year/): The South Dakota Central Chapter of credit unions of the Huron, South Dakota, region received the Chapter of the Year Award at the Dakota Credit Union Association (DakCU) awards banquet that was recently held at Grand Falls Casino & Resort in Larchwood, Iowa. The Chapter of the Year Award recognizes one credit union chapter in North or South Dakota for its outstanding achievements in advocacy, communication, education, and community involvement. This year, the winner was selected because of their strong commitment to the credit union philosophy of “people helping people.” This is demonstrated by the chapter’s outstanding service to their […] - [Members First CU Announces 2024 Scholarship Recipients](https://thecreditunionconnection.com/members-first-cu-announces-2024-scholarship-recipients/): Members First Credit Union Members First Credit Union (M1) proudly announces the recipients of its annual scholarship program, awarding a total of $10,000 to four outstanding students. The scholarship program, funded by the annual golf outing, Swinging for Scholarships, supports Members First members as they pursue their higher education aspirations. Among the scholarship recipients is Alea Casipit, a recent 2024 graduate from Dow High School. Casipit excelled academically and athletically, captaining the Varsity Girls Swim and Dive team and participating in Dear Asian Youth and the Midland Dolphins swim club. She will be attending Calvin College in the fall, majoring […] - [OnPath Federal Credit Union and Louisiana Federal Credit Union Jointly Announce Membership Approval to Merge](https://thecreditunionconnection.com/onpath-federal-credit-union-and-louisiana-federal-credit-union-jointly-announce-membership-approval-to-merge/): It is with great pleasure that Louisiana Federal Credit Union announces approval by its members to merge with OnPath Federal Credit Union (OnPath). This collaborative partnership will allow the organization to continue to serve members and remain steadfast in their dedication to financial well-being and to the communities the combined organization serves. While initially Louisiana FCU will retain its name and operate as a division of OnPath credit union, the combined organization will ultimately adopt the OnPath name, and a new brand will be launched that will honor and capture the spirit of both credit unions’ rich histories. Overall, the […] - [GTE Financial Partners With Largest Charitable Dental Clinic In Florida To Offer Free Dental Care To Underserved Individuals](https://thecreditunionconnection.com/gte-financial-partners-with-largest-charitable-dental-clinic-in-florida-to-offer-free-dental-care-to-underserved-individuals/): GTE Financial is proud to volunteer with Florida Mission of Mercy (FLA-MOM), the state\’s largest charitable dental clinic that provides care to any patient at no cost. The free, two-day dental clinic will be held at the RP Funding Center in Lakeland, FL from May 31 – June 1, 2024, starting at 7 AM. \”GTE Financial is immensely proud to partner with Florida Mission of Mercy, reflecting our shared commitment to serve the underserved in our community,\” comments Manny Aguilar, Senior Vice President and Chief Commercial and Advisory Services Officer at GTE Financial. \”FLA-MOM\’s incredible impact since 2014, with $14.67 […] - [Truliant Federal Credit Union Expands Partnership with Velera with Addition of Credit Card Processing](https://thecreditunionconnection.com/truliant-federal-credit-union-expands-partnership-with-velera-with-addition-of-credit-card-processing/): Velera – formerly PSCU/Co-op Solutions, is pleased to announce its expanded partnership with Truliant Federal Credit Union(Truliant) to provide comprehensive credit card processing services, alongside continued contact center support. Headquartered in Winston-Salem, N.C., Truliant was established in 1952 to serve employees of Western Electric across the Piedmont Triad region of North Carolina. Today, the credit union holds more than $5.2 billion in assets, serving over 332,000 members with more than 30 locations across the Carolinas and Virginia. With its mission of improving lives by putting members first, providing great service and straightforward financial solutions, Truliant undertook a thorough, comprehensive review […] - [Material Events: What They Mean for CDFI Credit Unions](https://thecreditunionconnection.com/material-events-what-they-mean-for-cdfi-credit-unions/): And what exactly is a material event, anyway? Christine Duncan, VP Grant Compliance, CU Strategic Planning Becoming a CDFI credit union isn’t easy, and there are plenty of details involved in maintaining that certification that can be hard to keep track of. Credit unions have to be able to deal with change – your CEO might retire, you hire a new COO, the plant your credit union serves is shuttered, you undergo a name change or merger. When these changes occur, especially unexpected ones, making sure that the CDFI Fund has been notified may be the last thing on your […] - [Credit Union Network for Financial Literacy Welcomes Three Credit Unions to The Berenstain Bears Financial Literacy Program](https://thecreditunionconnection.com/credit-union-network-for-financial-literacy-welcomes-three-credit-unions-tothe-berenstain-bears-financial-literacy-program/): Credit Union Network for Financial Literacy is pleased to announce that three distinguished credit unions—Armco Credit Union, Coastal Community Federal Credit Union, and Vacationland Federal Credit Union—have joined The Berenstain Bears Financial Literacy Program. This partnership underscores a shared commitment to fostering financial literacy among young members through engaging and educational content. Armco Credit Union, Butler, PA, a leader in financial education for youth, is enthusiastic about the new collaboration. Michele Jurysta, Marketing Manager at Armco Credit Union, stated, \”Armco Credit Union is committed to teaching financial literacy from a young age. Partnering with the beloved Berenstain Bears enables us […] - [SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 10 Angels Game](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-celebrates-school-employee-appreciation-night-at-may-10-angels-game/): In honor of School Employee Appreciation Month in May, SchoolsFirst FCU recognized school employees at Los Angeles Angels vs. Kansas City Royals game on May 10 SchoolsFirst Federal Credit Union sponsored a special night to honor school employees at the Los Angeles Angels game on May 10, 2024. School employees, along with their family members and friends who attended the game, received the promotional giveaway of an Angel’s clear backpack and a gift from SchoolsFirst FCU. “School Employee Appreciation Night was a special evening recognizing the many contributions of school employees,” said Josh Smith, vice president of school and community […] - [Burnham Receives William O. Knight Scholarship](https://thecreditunionconnection.com/burnham-receives-william-o-knight-scholarship/): Myles Burnham, Executive Vice President at Aspen Federal Credit Union (Rapid City, SD) was recently awarded the William O. Knight Jr. Memorial Scholarship by the Dakota Credit Union Association (DakCU). Burnham has been a staff member of Aspen FCU for 15 years; in his current role, he manages the day-to-day operations of the credit union and serves as lead contact on many credit union projects, in addition to overseeing vendor relationships and IT management. With several other leadership training courses on his resume, including the Alloya Corporate Emerging Leaders Program, DakCU’s iLead@11 Emerging Leader Program, and Kasasa Leadership Certification, Burnham […] - [Texas Trust Gives Foundation Supports Texas School Educators with $73,500 in Grants](https://thecreditunionconnection.com/texas-trust-gives-foundation-supports-texasschool-educators-with-73500-in-grants/): Giving educators additional tools and resources to supplement the learning environment is a key mission of the Texas Trust Gives Foundation. Through the foundation, Texas Trust Credit Union funded $73,500 in grants supporting public school districts in North, East, and Central Texas. Districts received grants ranging from $900 to nearly $15,000 to provide an array of programs that enrich learning and help students work toward a brighter financial future once they graduate and become independent. Grants awarded this spring will be used to fund school projects in the 2024-2025 school year. Through the foundation, Texas Trust has given out nearly […] - [Aggieland Credit Union Gives $10,000 to Texas A&M RBI Campaign, Benefitting the RB Eye Foundation](https://thecreditunionconnection.com/aggieland-credit-union-gives-10000-to-texas-aampmrbi-campaign-benefitting-the-rb-eye-foundation/): Aggieland Credit Union upped the ante for the Texas A&M baseball team’s RBI campaign, benefitting the RB Eye Foundation. The credit union gave a $10,000 matching donation to the campaign to motivate more Aggies to support this great cause. Aggieland Credit Union is urging all Aggie fans to pledge to the campaign today to help Coach Schlossnagle’s foundation reach its fundraising goal of $100,000. The RB Eye Foundation was founded by Schlossnagle after experiencing great difficulty finding treatments for his children when they were young and afflicted with Leber Congenital Amaurosis (LCA), the most common genetic cause of childhood blindness. […] - [CUNA Strategic Services Announces New Alliance Provider](https://thecreditunionconnection.com/cuna-strategic-services-announces-new-alliance-provider-1/): CUNA Strategic Services is pleased to announce its new alliance with Carefull, an AI-powered financial protection platform that safeguards credit union members against elder fraud, everyday money mistakes, and misuse of funds by someone they trust. This collaboration aims to help credit unions by protecting their most vulnerable and valuable members and providing a way to maintain low-cost deposits, attract new accounts, and connect to the next generation of members. “CUNA Strategic Services is proud to launch our relationship with Carefull this week. As a GenXer speaking from personal experience around caring for aging parents, I think it’s super important […] - [SRM Introduces Artificial Intelligence Offering to Help Financial Institutions Safely Adopt AI Solutions](https://thecreditunionconnection.com/srm-introduces-artificial-intelligence-offering-to-help-financial-institutions-safely-adopt-ai-solutions/): SRM (Strategic Resource Management, Inc.) announced the launch of a suite of Artificial Intelligence (AI) advisory services focused on generative AI, especially Large Language Models (LLMs), for financial institutions. SRM\’s experts are helping clients accelerate their AI aspirations with compliance-driven policy development, AI strategy, AI opportunity assessments, vendor data security reviews, and implementation support. The potential impact of AI on financial services is enormous and expanding, and AI adoption has reached a tipping point in the boardrooms of financial institutions worldwide. SRM\’s new AI offerings are laser-focused on policy and risk mitigation, specifically emphasizing how third-party providers that financial institutions rely […] - [SavvyMoney Unveils SavvyImpact, Championing Inclusion and Community Impact](https://thecreditunionconnection.com/savvymoney-unveils-savvyimpact-championing-inclusion-and-community-impact/): CU Pride becomes the first official organizational sponsor for the new initiative SavvyMoney today unveiled SavvyImpact, a comprehensive initiative designed to foster a diverse, equitable and inclusive workplace culture while driving positive change in the communities it serves. Established in 2023, SavvyImpact is a dedicated space for SavvyMoney\’s employees to come together based on shared experiences, backgrounds and interests, creating support within the workplace. The initiative encompasses four key committees: Diversity, Equity, Inclusion and Belonging (DEIB); Philanthropy, People and Culture, and Health and Wellness, each with its own focus areas and objectives. \”At SavvyMoney, we believe a diverse and inclusive […] - [Memorial Credit Union Selects Mahalo Banking to Redesign its Digital Banking Experience](https://thecreditunionconnection.com/memorial-credit-union-selects-mahalo-banking-to-redesign-its-digital-banking-experience/): Credit union overhauls digital banking solution, thoughtfully improving member experience Mahalo Banking today announced its new partnership with Houston, Texas-based Memorial Credit Union (‘Memorial CU’ – $96M in assets). During its comprehensive vendor overhaul process, the credit union selected Mahalo’s online and mobile banking solution to maximize its digital transformation, modernize its banking capabilities and achieve a deep integration with its new core provider, Corelation Keystone. In preparation for its conversion to Corelation, Memorial CU sought to identify vendors that already had strong integrations with its core provider to ensure a robust feature set. Mahalo\’s digital solution aligns with the […] - [NCUA Adds New Section on Financial Technology, FAQs on Cryptocurrency and Digital Assets](https://thecreditunionconnection.com/ncua-adds-new-section-on-financial-technology-faqs-on-cryptocurrency-and-digital-assets/): Today the National Credit Union Administration added to its public website a new section on financial technology. In response to inquiries received from stakeholders, the update includes new frequently asked questions about share insurance coverage and custody for cryptocurrencies and digital assets on NCUA.gov and MyCreditUnion.gov. The frequently asked questions make it clear that the National Credit Union Share Insurance Fund, administered by the NCUA, does not insure digital assets or cryptocurrencies. By federal law, the Share Insurance Fund only insures shares and deposits held in federally insured credit unions. The frequently asked questions also clarify that federal credit unions […] - [Signed DCUC Letter to Energy & Commerce Committee Hearing, American Privacy Rights Act of 2024](https://thecreditunionconnection.com/signed-dcuc-letter-to-energy-amp-commerce-committee-hearing-american-privacy-rights-act-of-2024/): Today, the Defense Credit Union Council (DCUC) sent a letter to the Honorable Cathy McMorris Rodgers, Chair, and the Honorable Frank Pallone, Ranking Member, of the House Committee on Energy and Commerce, expressing its concerns with the proposed “American Privacy Rights Act of 2024.” On April 11, 2024, DCUC first raised its concerns to Congress about this proposed legislation in letters to both the House Committee on Energy and Commerce and the House Financial Services Committee. Similar letters were also sent to the respective Senate committees. While DCUC remains supportive of efforts to enhance data privacy and prevent the buying […] - [Alkami\'s 2024 Telemetry Data Report Highlights the Effects of a High Interest Rate Environment on Consumers, Financial Institutions](https://thecreditunionconnection.com/alkamis-2024-telemetry-data-report-highlights-the-effects-of-a-high-interest-rate-environment-on-consumers-financial-institutions/): Alkami Technology, Inc. announced today the release of its latest research, the 2024 Alkami Telemetry Data Report. The report examines the high interest rate environment and its impact on consumers and financial institutions. The transaction data was compiled from an aggregated panel of more than 2.5 million account holders. The data was supplemented by an Alkami-commissioned research study, conducted in partnership with The Center for Generational Kinetics that surveyed 1,500 digital banking consumers in the U.S., to assess how the current macroeconomic environment has impacted attitudes and behaviors of the different generations. As U.S. consumers are facing a credit reliance […] - [A Reflection on the Past and Future Marks Federal Credit Union Act 90th Anniversary](https://thecreditunionconnection.com/a-reflection-on-the-past-and-future-marks-federal-credit-union-act-90th-anniversary/): Chairman Harper Stresses Credit Unions’ Responsibility to Members The National Credit Union Administration commemorated today the 90th anniversary of the signing of the Federal Credit Union Act of 1934 into law by President Franklin Delano Roosevelt, which authorized the formation of federally chartered credit unions in all states. “With the Federal Credit Union Act turning 90 years old today, it’s appropriate to consider not only where we’ve been, but also where we are now and where we’re headed,” said NCUA Chairman Todd M. Harper. “The passage of the Federal Credit Union Act was a watershed moment in our nation’s history. […] - [SchoolsFirst FCU Honors Classified School Employees in Recognition Events Throughout California](https://thecreditunionconnection.com/schoolsfirst-fcu-honors-classified-school-employees-in-recognition-events-throughout-california/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, recently recognized the exemplary school employees who were named winners in annual competitions that honor Classified School Employees of the Year at county and statewide levels. Sacramento County SchoolsFirst FCU sponsored the Sacramento County Classified School Employees of the Year competition, which recognized seven classified school employees representing various categories of non-certified, non-management employees. Winners were recognized by SchoolsFirst FCU at the June 2 Sacramento River Cats game, and all winners advanced to competition at the state level sponsored by the California Department of Education. Classified […] - [Nacha Is Spreading ACH Fraud Responsibility Around](https://thecreditunionconnection.com/nacha-is-spreading-ach-fraud-responsibility-around/): Nacha’s latest rule to fight ACH fraud will become effective in October. Is your credit union prepared? The rule changes “are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred.” Historically, the Originating Depository Financial Institution (ODFI) has been considered more likely to be in a position to determine a fraudulent transaction. Now, however, Nacha will shift some of the impetus to the Receiving Depository Financial Institutions (RDFIs). The new rule will take effect Oct. 1, 2024. “All participants in the ACH Network […] - [America\'s Credit Unions Joins Forces with ACAMS to Enhance Compliance and Anti-Financial Crime Education for its Members](https://thecreditunionconnection.com/americas-credit-unions-joins-forces-with-acams-to-enhance-compliance-and-anti-financial-crime-education-for-its-members/): In the continuing effort to help credit unions strengthen compliance programs and combat financial crimes, America\’s Credit Unions is pleased to announce a collaboration with ACAMS, a leading membership organization dedicated to supporting anti-financial crime (AFC) professionals around the world. ACAMS and America\’s Credit Unions will offer its members in all 50 states and Washington, D.C. access to anti-financial crime resources, training, and the opportunity to earn the Certified Anti-Money Laundering Specialist (CAMS) certification. \”We are excited to begin this relationship with ACAMS. We always work to deliver the most pressing and relevant topics based on feedback from our members, […] - [Robins Financial Credit Union Announces Grand Opening Celebration of Downtown Macon Branch](https://thecreditunionconnection.com/robins-financial-credit-union-announces-grand-opening-celebration-of-downtown-macon-branch/): Robins Financial Credit Union is hosting a grand opening celebration on June 27 at 11:00 a.m. for its new downtown Macon branch located at 515 Mulberry St. \”Our expanded presence in downtown Macon signifies our commitment to sustainable growth and reflects our active participation in the ongoing revitalization efforts of this vibrant area,” stated Christina O’Brien, Robins Financial president and CEO. “We are eager to provide expanded services to our members and collaborate with local businesses in this new, convenient location.\” This exciting news coincides with Robins Financial Credit Union\’s 70th anniversary, making the expansion into downtown Macon a fitting […] - [Suncoast Credit Union Announces New Partnership with ZooTampa](https://thecreditunionconnection.com/suncoast-credit-union-announces-new-partnership-with-zootampa/): Suncoast Credit Union, the largest credit union in Florida, announces a new partnership with ZooTampa at Lowry Park that brings immediate benefits to the credit union’s 1.2 million members, including a special Buy One, Get One (BOGO) offer on zoo tickets this summer. The partnership also marks Suncoast as the official credit union of ZooTampa. Beginning June 19th through September 30th, Suncoast Credit Union members can participate in the BOGO promotion by visiting the zoo’s ticket gates and presenting their Suncoast credit or debit card. Members can take advantage of the BOGO offer as many times as they’d like, offering […] - [The Cooperative Credit Union Association Introduces Mortgage Academy Discount for Member Credit Unions in Four States](https://thecreditunionconnection.com/the-cooperative-credit-union-association-introduces-mortgage-academy-discount-for-member-credit-unions-in-four-states/): The Cooperative Credit Union Association (CCUA) announces an exclusive new discount for its member credit unions on the Mortgage Academy, an innovative online training program powered by MemberClose. As a co-owner of MemberClose in partnership with Pivot Lending Group, CCUA’s Cooperative Education team is dedicated to offering valuable educational resources and professional development opportunities to its members. Credit unions in Delaware, Massachusetts, New Hampshire, and Rhode Island now have access to this comprehensive virtual course, designed to equip credit union professionals with the essential knowledge and skills to excel in the mortgage industry. Through this initiative, CCUA aims to enhance […] - [U.S. Senate Federal Credit Union Honored as Top Workplace by The Washington Post!](https://thecreditunionconnection.com/us-senate-federal-credit-union-honored-as-top-workplace-by-the-washington-post/): The United States Senate Federal Credit Union (USSFCU) proudly announces its recognition as one of the Greater Washington area’s top workplaces by The Washington Post. This esteemed accolade underscores USSFCU\’s unwavering dedication to creating an exceptional workplace environment and fostering a culture of excellence. The Washington Post’s annual Top Workplaces list celebrates organizations that prioritize their employees’ well-being, job satisfaction, and overall workplace culture. Being named a Top Workplace signifies USSFCU’s dedication to its team members and their professional growth. Impressively, USSFCU ranks within the top 2% in its industry for making employees feel appreciated. “Our employees are the heart […] - [Bonifii Joins Metal Blockchain\'s Banking Innovation Program](https://thecreditunionconnection.com/bonifii-joins-metal-blockchains-banking-innovation-program/): Evolving Blockchain Solutions with a Focus on Enhanced Financial Services Metallicus, the core developer of Metal Blockchain, a foundational Layer 0 blockchain, today announced that Bonifii has joined its Banking Innovation Program. This collaboration marks a significant revival and evolution of blockchain solutions initially explored by CULedger, now Bonifii, emphasizing their ongoing commitment to harnessing blockchain technology for enhanced financial services. “This partnership between Metallicus and Bonifii represents a significant advancement for both organizations,” expressed Marshall Hayner, CEO of Metallicus. “By joining forces, we can build on the innovative groundwork laid by CULedger and drive the development of advanced blockchain […] - [Eltropy Announces Key Enhancements to Unified Conversations Platform](https://thecreditunionconnection.com/eltropy-announces-key-enhancements-to-unified-conversations-platform/): Voice+ integration, Lobby Management, and Skill-based routing 2.0 enhance Eltropy’s award-winning platform, improving member and customer interactions for credit unions and community banks Eltropy today announced significant enhancements to its Unified Conversations Platform. These improvements include Voice+, a modern voice and contact center solution, SBR 2.0 for advanced skill-based routing, Lobby Management features, and additional productivity-boosting updates. Eltropy Voice+ integrates voice capabilities with digital channels like texting, video, and chat, all enhanced by an AI layer. This creates a comprehensive unified contact center solution for voice, digital, and AI interactions as agents benefit from a streamlined \”single pane of glass\” […] - [NCUA Releases Annual Cybersecurity and Credit Union System Resilience Report](https://thecreditunionconnection.com/mfk7x2cmdv71h8frl9v0nqznp16xaw/): The National Credit Union Administration released today its annual Cybersecurity and Credit Union System Resilience Report. The report(Opens new window) summarizes the current cybersecurity threat landscape, highlights the agency’s key cybersecurity initiatives, and outlines the agency’s ongoing efforts to enhance cybersecurity preparedness and resilience within the credit union industry. “In the face of an ever-evolving cybersecurity threat landscape, the need for ongoing vigilance in the credit union sector cannot be overstated,” NCUA Chairman Todd M. Harper said. “The NCUA is committed to ensuring consistency, transparency, and accountability in its cybersecurity examination program and related activities. Further, over the last several […] - [First Tech Federal Credit Union Names Kalyan Rajamani as Chief Technology Officer](https://thecreditunionconnection.com/first-tech-federal-credit-union-names-kalyan-rajamani-as-chief-technology-officer/): Accomplished leader joins credit union to drive technological and digital transformations for enhanced member experiences. First Tech Federal Credit Union (First Tech), the financial partner for the people in tech, announced the appointment of Kalyan Rajamani to Chief Technology Officer (CTO), where he will utilize his background in building high-performing teams while designing and delivering innovative, relevant and secure technology solutions that enrich the lives of discriminating members. Kalyan will report directly to First Tech President and CEO Greg Mitchell. Kalyan joins First Tech with over 20 years of expertise in developing innovative products, software engineering, information security, and analytics. […] - [Kasasa Recognized for Excellence in Customer Service by Business Intelligence Group](https://thecreditunionconnection.com/kasasa-recognized-for-excellence-in-customer-service-by-business-intelligence-group/): Award-winning financial services and technology provider for community financial institutions recognized as Organization of the Year for its excellence in customer service Kasasa was awarded the 2024 Organization of the Year award in the small business category for its unwavering commitment to improving the customer experience. The company attributes the win to its continued dedication in bringing better banking experiences to communities everywhere by providing a wide range of financial offerings that support the everyday needs of customers, including personal checking and savings accounts and loans, among others. Kasasa\’s network of community banks and credit unions combined represent the fourth […] - [CFPB Extends Compliance Dates for Small Business Lending Rule](https://thecreditunionconnection.com/cfpb-extends-compliance-dates-for-small-business-lending-rule/): Interim final rule extends compliance dates pursuant to court orders Today, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule to extend compliance deadlines for the small business lending rule. After the CFPB issued the small business lending rule on March 30, 2023, a federal court in Texas stayed the rule pending the Supreme Court’s decision in CFPB v. CFSA. The Texas court also required the CFPB to extend the rule’s compliance deadlines to compensate for the period stayed. Today’s interim final rule follows the recent Supreme Court decision in CFPB v. CFSA. The interim final rule extends compliance dates […] - [O2 Consulting Group Expands Team as Work Grows](https://thecreditunionconnection.com/o2-consulting-group-expands-team-as-work-grows/): Strategic & Operational Excellence Firm Adds 3 New Staff O2 Consulting Group, the leading consultancy to coach and empower teams to drive long-term change, has added three new team members as demand for the Credit Union Service Organization’s (CUSO’s) services continues to grow within the credit union community. “When I started this firm seven years ago, I simply wanted to make a difference for credit unions, optimizing their operational performance for successful and sustainable growth,” Founder/CEO Bonnie Ortiz explained. “It’s rewarding that they also recognize the value of the services our veteran team provides.” As credit unions’ liquidity has tightened, […] - [Federman & Sherwood Investigates Ventura County Credit Union for Data Breach](https://thecreditunionconnection.com/federman-amp-sherwood-investigates-ventura-county-credit-union-for-data-breach/): The law firm of Federman & Sherwood has initiated an investigation into Ventura County Credit Union (“VCCU”) with respect to their recent data breach. On January 30, 2024, VCCU became aware of suspicious activity in an employee email account. VCCU immediately launched an investigation, with the assistance of outside specialists, to determine the nature and scope of the activity. VCCU’s investigation determined that there was unauthorized access to one VCCU email account between January 29, 2024, and January 30, 2024. Therefore, VCCU reviewed the contents of the affected account to determine what, if any, sensitive information it contained. On April […] - [Industrial Credit Union Selects Mahalo Banking to Drive Ongoing Innovation](https://thecreditunionconnection.com/industrial-credit-union-selects-mahalo-banking-to-drive-ongoing-innovation/): Credit union leverages banking solution to accelerate digital experience, form strong fintech collaboration  Mahalo Banking today announced its new partnership with Bellingham, Wash.-based Industrial Credit Union ($382M in assets). Industrial selected Mahalo’s solution to optimize integrations and deliver an exceptional digital banking experience.  Digital services are the most utilized member channels at Industrial, prompting the credit union to find a digital banking partner with a robust platform, technical expertise, and a vision for future advancements. Although the credit union prioritizes continuous innovation, its team faced integration challenges that hindered the expansion of its digital banking features and capabilities. By partnering […] - [Tower Federal Credit Union Welcomes Susan Ralston as New Chief Operating Officer](https://thecreditunionconnection.com/eyqci2v0vpdcenjqjjqi4chhcnpwaa/): Susan Ralston is the new Chief Operating Officer for Tower Federal Credit Union, one of the largest credit unions in Maryland. - [OTIS Federal Credit Union Donates Toward Jay Union Hall Renovations](https://thecreditunionconnection.com/otis-federal-credit-union-donates-toward-jay-union-hall-renovations/): OTIS Federal Credit Union has donated $5,000 to the Western Maine Labor Council, the organization that has purchased the Local 14 Union Hall at 6 Intervale Road in Jay. This donation will go toward building renovations and the preservation of the building’s historical artwork. The Western Maine Labor Council (WMLC), formerly headquartered in Lewiston, is comprised of labor unions whose members work or reside within Androscoggin, Franklin, and Oxford counties. Knowing OTIS Federal Credit Union’s ties to the paper industry, Building Committee member Barbara Arsenault reached out in pursuit of a partnership to renovate the Local 14 Hall, as it […] - [Space Coast Credit Union opens latest branch in Brevard County, celebrates grand opening](https://thecreditunionconnection.com/space-coast-credit-union-opens-latest-branch-in-brevard-county-celebrates-grand-opening/): Space Coast Credit Union (SCCU) announces the opening of its new branch, Summer Brook, in Melbourne. The 920 square-foot branch expands SCCU’s footprint to 22 branches throughout Brevard County and adds 5 new jobs for the region, expanding the credit union’s total Team Members in Brevard County to more than 620. “SCCU is committed to delivering convenient service to our membership by providing physical locations in the communities where they live and work. We know access to digital banking is important to our members, which we provide, but recognize there are times when they need quick access to personal interaction” […] - [Glia Delivers Unified Interactions to CU*Answers’ Digital Banking Platform](https://thecreditunionconnection.com/glia-delivers-unified-interactions-to-cuanswers-digital-banking-platform/): CUSO partners to provide seamless digital-first member interactions for credit union community Glia, the leader in customer interaction technology, today announced a strategic partnership with CU*Answers, a credit union service organization (CUSO), to unify member interactions within its digital banking platform. The partnership will provide credit unions with the ChannelLess® tools needed to drive efficiencies, loyalty and conversions. By integrating Glia’s technology into CU*Answers’ It’s Me 247 Online Banking solution, credit unions can meet members where they are and then seamlessly transition across interaction channels, including phone calls, digital messaging, chatbots, video chats and SMS, without ever losing context or […] - [SDCCU Stuff the Bus is Collecting Monetary Donations for Back-to-School Supplies for the More Than 21,000 Students Experiencing Homelessness in San Diego County](https://thecreditunionconnection.com/sdccu-stuff-the-bus-is-collecting-monetary-donations-for-back-to-school-supplies-for-the-more-than-21000-students-experiencing-homelessness-in-san-diego-county/): From June 24 to July 31, donate online, in-branch or at any Jersey Mike’s store location in San Diego County Kids face many hardships — having access to school supplies should not be one of them. That’s why SDCCU Stuff the Bus is once again collecting monetary donations to purchase back-to-school supplies for students experiencing homelessness — to help set these students up for success in the coming school year. The annual Stuff the Bus campaign, celebrating its 10th year, was launched in partnership with San Diego County Credit Union® (SDCCU®), the San Diego County Office of Education and iHeartMedia […] - [PenFed Credit Union Sponsors Beaches Habitat for Humanity Home for Veteran](https://thecreditunionconnection.com/penfed-credit-union-sponsors-beaches-habitat-for-humanity-home-for-veteran/): Home for local veteran is one of first in 44-unit Atlantic Beach, Florida New Mayport Road community. PenFed Credit Union today announced the sponsorship of a Beaches Habitat for Humanity home for a veteran. PenFed employees and community members will build the home for a local veteran in need of affordable housing as part of the 44-unit Atlantic Beach Florida New Mayport Road community. \”PenFed is proud to support Habitat for Humanity as a top sponsor to provide an affordable home for a veteran and their family,\” said PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck. \”Everyone deserves […] - [Optimizing Probate: Empower Your Clients with Digital Estate Planning](https://thecreditunionconnection.com/optimizing-probate-empower-your-clients-with-digital-estate-planning/): Probate. The word evokes visions of drawn-out legal proceedings, piles of paperwork, and needless stress for families going through a trying period. Financial services partners recognize the value of guiding clients through challenging financial circumstances. For loved ones, optimizing the probate process can be a game-changer when it comes to estate planning. Digital estate planning offers game-changing services for customers and members, as well as business opportunities for your organization. Using cutting-edge technology, providers can offer clients and members a comprehensive solution that expedites the probate process, reduces expenses and guarantees a more seamless inheritance experience for their beneficiaries. You […] - [Homefield Credit Union Signs Renewal Agreement with Synergent](https://thecreditunionconnection.com/homefield-credit-union-signs-renewal-agreement-with-synergent/): Synergent will deliver hosted Jack Henry Symitar core processing, integrated debit card services, statement processing, and additional solutions to Homefield Credit Union Synergent® is pleased to announce Homefield Credit Union has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing, as well as five-year renewal agreements for Banno Digital Platform™, Opening Act™, and iPay Consumer Bill Pay. “I am pleased to announce that Homefield Credit Union has made the decision to maintain its relationship with Synergent. Homefield CU remains keenly aware of the strong competition we face within the communities we serve,” shared Karl Moisan, […] - [Simplified CECL Tool Updated for June 2024](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-june-2024/): The National Credit Union Administration released the June 2024 update of its Simplified CECL Tool today. The update includes the latest life-of-loan—or Weighted Average Remaining Maturity—factors. In 2023, the CECL accounting standard went into effect for credit unions with assets of $10 million or more. For credit unions that are currently using the Simplified CECL Tool, the June 2024 release is provided to determine the credit loss expense—or provision for credit losses—for the period that ends June 30, 2024. Credit unions with assets of less than $10 million may consider using the Simplified CECL Tool as it could provide a […] - [CDFI Fund Publishes Revisions to Capital Magnet Fund Interim Rule](https://thecreditunionconnection.com/cdfi-fund-publishes-revisions-to-capital-magnet-fund-interim-rule/): Comments due to the CDFI Fund by August 26, 2024 The U.S. Department of the Treasury is issuing a revised Interim Rule for the Capital Magnet Fund (CMF), administered by the Community Development Financial Institutions Fund (CDFI Fund). Changes incorporated by the revised Interim Rule include, among other things: Revisions to CMF program requirements and defined terms to improve and streamline the administration of the CMF program; Revisions to project level requirements to better align CMF with other Federal housing programs and reduce burden on Recipients; and Other programmatic updates to address current business practices in the affordable housing industry. […] - [MDI Credit Union Growth Expands Financial Security and Creates Opportunities](https://thecreditunionconnection.com/mdi-credit-union-growth-expands-financial-security-and-creates-opportunities/): The NCUA Releases its Annual MDI Report to Congress Today Minority depository institution credit unions expanded membership and services in 2023, promoting economic growth and financial security, particularly in underserved communities. “MDI credit unions, through a combination of a focused mission, a strong sense of purpose, and dedicated staff and management, are performing well and making a difference in their communities,” NCUA Chairman Todd M. Harper said. “The numbers show these credit unions often out-perform larger institutions, but numbers only tell part of the story. MDI credit unions have been innovative in reaching underserved communities, tailoring products and services to […] - [Firemen’s Federal Awards $11,000 in Scholarships](https://thecreditunionconnection.com/firemens-federal-awards-11000-in-scholarships/): New Orleans Firemen’s Federal Credit Union proudly announces the 11 outstanding recipients of the Donald T. Bock Scholarship Program for 2024. This initiative reflects our unwavering commitment to supporting the educational aspirations of our members and their families. Each of the 11 recipients will receive a $1,000 scholarship to aid in their college expenses. We are delighted to introduce our 2024 scholarship recipients: MollieAnn Anti, Shelby DeSalvo, Avery Folse, La’Myreia Johnson, Saniya Johnson, Grace Koenig, Ethan Pittari, Emma Poche, Mia Signorelli, Malea Acklin, and Brandon Jenkins. These exceptional individuals have demonstrated academic excellence, community involvement, and a commitment to their […] - [Series on PBS Featuring 9 Credit Unions Wins Prestigious Global and National Impact Awards ](https://thecreditunionconnection.com/series-on-pbs-featuring-9-credit-unions-wins-prestigious-global-and-national-impact-awardsnbsp/): The groundbreaking television series on PBS, Opportunity Knocks, which featured staff from nine credit unions providing life-changing guidance to underserved members, has been awarded the prestigious Silver Anthem Award and Platinum and Gold Viddy Awards. Opportunity Knocks showcases the transformative power of CDFIs and credit unions working with nonprofits to unlock opportunities for people to move beyond financial challenges to achieve their dreams. Directed by veteran reality television producer Brian Spoor, executive produced the series with CDFI and credit union champion and creator, Jamie Strayer, Chief Innovation Officer at CU Strategic Planning, a Callahan and Associates Company, and Jenn George Hunter. […] - [Last Week to Apply for 2024 CDRLF Grant Round](https://thecreditunionconnection.com/last-week-to-apply-for-2024-cdrlf-grant-round/): Application Period Ends July 1 Low-income-designated credit unions have until July 1 to apply for 2024 Community Development Revolving Loan Fund grants. The agency will administer more than $3.4 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds. Eligibility and award categories information is available here, and credit unions with questions about the grants should contact the NCUA’s Office of Credit Union Resources and Expansion at CUREAPPS@ncua.gov. A webinar explaining how to apply for a CDRLF grant is available on the NCUA’s YouTube Channel. The 2024 CDRLF grant round is open to credit unions with […] - [Reminder: Annual Compliance, Certification and Reporting Obligations](https://thecreditunionconnection.com/remindernbspannual-compliance-certification-andnbspreporting-obligations/): Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation? If so, to maintain your organization’s CDFI Certification status all Certified CDFIs still must submit an Annual Certification and Data Collection Report (ACR). Additionally, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s), you must complete and submit the annual report(s) specified in these agreement(s).   The due dates to submit annual compliance report(s) vary by fiscal year end date and type of award, as well as by […] - [Four Credit Unions Announce New Hires and People’s Credit Union Recognized Rising Star](https://thecreditunionconnection.com/four-credit-unions-announce-new-hires-and-peoples-credit-union-recognized-rising-star/): Corporate Central Credit Union, UMassFive College Federal Credit Union, and others announced new hires, and People’s Credit Union announced that one of their employees was presented the 2024 Rising Star Award. New Hires Corporate Central is pleased to announce the appointment of Prabhakar Konduru as Senior Cloud Solutions Engineer. In this pivotal role, Konduru will oversee the intricate engineering of the robust cloud infrastructure that supports the credit union’s platform, Beastro, ensuring it continues to meet the rapidly evolving needs of credit union members. He will closely collaborate with both the IT and development teams. UMassFive College Federal Credit Union […] - [2nd Annual CBC Summit to Bring Together 125+ Crypto Banking and Compliance Leaders and Regulators in Washington, D.C.](https://thecreditunionconnection.com/2nd-annual-cbc-summit-to-bring-together-125-crypto-banking-and-compliance-leaders-and-regulators-in-washington-dc/):  \”Get ready for CBC Summit 2024 – the premier industry event for crypto banking and compliance executives and professionals.\” The much-anticipated 2nd annual CBC Summit, an executive-level event featuring over 125 industry leaders and regulators focused on crypto banking and compliance, is set to take place on September 12th, 2024, at The National Press Club in Washington, D.C. The annual CBC Summit is designed to cater to industry executives, offering: Access to Leading Regulators, Banking Experts, and Compliance Advisors: Attendees will have the opportunity to engage with professionals and gain insights from their expertise. Strategic Networking Opportunities: Forge alliances with banking […] - [PAHO/WHO FCU Mourns the Passing of Two Influential Leaders](https://thecreditunionconnection.com/pahowho-fcu-mourns-the-passing-of-two-influential-leaders/): PAHO/WHO Federal Credit Union has announced the passing of John Ford and Leonard Supchak, two of the Credit Union’s longtime influential and prominent leaders. John Ford was a member of the PAHO/WHO FCU Board of Directors for over 45 years, including several years as Chairman. For the last 20 years, he led as Director Emeritus. Leonard (Lenny) Supchak spent his career working in finance, retiring as CEO of PAHO/WHO FCU in 2003. Both men helped shape PAHO/WHO FCU to become the organization it is today. Lenny Supchak was well known within the local credit union community, pushing for changes that […] - [FORUM Celebrates Scholarship and Grant Recipients](https://thecreditunionconnection.com/forum-celebrates-scholarship-and-grant-recipients/): FORUM Credit Union recently held its tenth annual Foundation Summer Reception at the FORUM Events Center in Fishers, Indiana. This reception honors the Foundation’s educator grant and collegiate scholarship recipients. This year, the Foundation awarded fifteen educators, seven new scholarship students, and 20 prior year recipients who are renewing their scholarships. The following educators received grants, in various amounts totaling $24,872, for their classrooms:Melinda Anderson, Lowell Elementary School; Cassie Brooks, Brownsburg West Middle School; Courtney Chamberlin, North Elementary School; Molly Coffman, New Britton Elementary School; Amanda Cornet, Fishers Junior High School; Lauren Graham, Lawrence Central High School; Karen Gropp, Deer […] - [Unitus Community Credit Union’s Tru Checking Receives National Certification by Banking Advocates as Safe, Affordable Account](https://thecreditunionconnection.com/unitus-community-credit-unions-tru-checking-receives-national-certification-by-banking-advocates-as-safe-affordable-account/): The Cities for Financial Empowerment Fund’s Bank On National Account Standards Certification of Unitus Tru Checking indicates that it meets more than 25 features for safe and affordable consumer transaction accounts Unitus Community Credit Union is proud to announce its Tru Checking account has earned certification for meeting the Bank On National Account Standards through the national Cities for Financial Empowerment Fund (CFE Fund). The standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features that ensure low cost, high functionality, and consumer safety. Key features of the […] - [HFS Federal Credit Union Recognized on Forbes America’s Best-in-State Credit Unions 2024](https://thecreditunionconnection.com/hfs-federal-credit-union-recognized-on-forbes-americas-best-in-state-credit-unions-2024/): HFS Federal Credit Union (HFS FCU) has once again been ranked as the Best Credit Union in Hawai’i on the Forbes list of America’s Best-In-State Credit Unions for 2024. This prestigious award is presented by Forbes as the result of a survey conducted by Statista Inc., the world-leading statistics portal and industry ranking provider. Approximately 26,000 U.S. residents were surveyed online and asked to name all credit unions where they have a checking/savings account. They were also asked to rate the credit unions in six areas: Trust, Terms & Conditions, Branch Services, Digital Services, Customer Services, and Financial Advice. HFS […] - [Defense Credit Union Council (DCUC) and America’s Credit Unions (ACU) Jointly Oppose Unrelated Amendments to NDAA](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-and-americas-credit-unions-acu-jointly-oppose-unrelated-amendments-to-ndaa/): Today, June 21, 2024, the Defense Credit Union Council (DCUC) and America’s Credit Unions (ACU) sent a joint letter to The Honorable Jack Reed, Chairman, and The Honorable Roger Wicker, Ranking Member, of the Senate Armed Services Committee. The letter urges the committee to reject any unrelated credit union amendments to the National Defense Authorization Act (NDAA) during its upcoming consideration by the full United States Senate. DCUC and ACU referenced the intense discussion regarding the Department of Defense Overseas Military Banking Program (OMBP), and the OMBP contract award to a credit union. “America’s Credit Unions and the Defense Credit […] - [WFCU to Host Key Annual Events During WCUC in Boston](https://thecreditunionconnection.com/wfcu-to-host-key-annual-events-during-wcuc-in-boston/): WFCU, GWLN and WYCUP to share global insights about credit union industry Worldwide Foundation for Credit Unions (WFCU) and their major networks, Global Women’s Leadership Network (GWLN), World Young Credit Union Professionals (WYCUP) and Global DE, will host five key events featuring global perspectives and insights during the 2024 World Credit Union Conference (WCUC) in Boston (USA).   WFCU will host the Gala at Thompson Island on Monday, July 22, at Boston\’s very own Thompson Island. The fundraising event will bring the global credit union movement together on one island for one night for one big party. The Gala at Thompson […] - [CDFI Fund Extends Deadlines for NEW CDFI Certification Application](https://thecreditunionconnection.com/cdfi-fund-extends-cdfi-certification-application-deadline/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the application deadlines for when currently Certified Community Development Financial Institutions (CDFIs) must reapply for CDFI Certification using the revised version of the CDFI Certification Application. In December 2023, the CDFI Fund released the final revised CDFI Certification Application. Noncertified organizations that wish to apply for CDFI Certification may do so at any time using the revised application. However, organizations that are currently certified CDFIs must reapply for certification by the updated deadlines established by the CDFI Fund. “This should come as welcome news to […] - [Orion Names Ashley McDurmon President and CEO](https://thecreditunionconnection.com/orion-names-ashley-mcdurmon-president-and-ceo/): Orion announced today that Ashley McDurmon will take the reigns as President and CEO on Jan. 1, 2025, following the retirement of Daniel Weickenand at the end of 2024. McDurmon is a senior financial services executive with more than 20 years in the industry. She has served as Orion\’s Executive Vice President and Chief Financial Officer since 2019. Prior to joining Orion, McDurmon served as a Partner at HORNE LLP and led their Financial Institutions Practice Group. \”McDurmon is a highly accomplished business leader with an extensive understanding of not only Orion, but also the greater financial industry. Most importantly, […] - [3Rivers Federal Credit Union Taps MeridianLink to Enhance Member Experiences and Offer Frictionless Digital Lending and Account Opening](https://thecreditunionconnection.com/3rivers-federal-credit-union-taps-meridianlink-to-enhance-member-experiences-and-offer-frictionless-digital-lending-and-account-opening/): Implementation of MeridianLink One leads to shorter processing times, increased operational efficiencies, and more personalized banking experiences MeridianLink, Inc. (NYSE: MLNK) today announced 3Rivers Federal Credit Union (3Rivers FCU) successfully implemented MeridianLink® Access and MeridianLink® Opening to streamline its lending and account opening processes. These offerings are part of MeridianLink® One, the Company’s multi-product platform that helps banks and credit unions advance their digital progression and accelerate growth. “Prior to working with MeridianLink, we found it challenging to get complete applicant information through our existing application portals, leading to longer processing times. However, with the adoption of the MeridianLink platform, […] - [Wescom Honors Former Board Chair, Will J. Brown](https://thecreditunionconnection.com/wescom-honors-former-board-chair-will-j-brown/): Long-time Wescom Board Member, Will J. Brown, passed away in late February of this year and we wanted to share some highlights of his time spent with Wescom and how he helped guide the organization’s growth and culture over several decades.  Brown was a dedicated volunteer to the Pasadena-based Credit Union for more than 40 years. Appointed to the Wescom Board of Directors in 1980, during his tenure he held the positions of Board Chairman and Vice Chairman, and served on various Board committees. In 2011, he was appointed to Director Emeritus. In addition to Brown’s passion for serving on […] - [Coastal Credit Union’s Daymark Realty Reaches Five Million Dollar Savings Milestone](https://thecreditunionconnection.com/coastal-credit-unions-daymark-realty-reachesfive-million-dollar-savings-milestone/): Coastal Credit Union\’s real estate subsidiary, Daymark Realty, reached another milestone this month, having saved Coastal members more than $5 million in real estate fees since the service launched in 2007. Savings are calculated as the difference between the listing fees that members pay versus typical fees in the market. “We save the average seller over $7,800 in fees, and members who use a Daymark Realtor® to buy a home also receive a $500 cash rebate at closing,” said Louis Guillama, VP of Real Estate Operations. He added, “We call that the Daymark Advantage. We provide credit union members with […] - [Record $600,000 In Scholarships Awarded To A Record Number Of Young PSFCU Members](https://thecreditunionconnection.com/record-600000-in-scholarships-awarded-to-a-record-number-of-young-psfcu-members/): Former NCUA Chairman Michael Fryzel Praises Brooklyn Based Polish & Slavic FCU For Its Community Involvement Thanks to its excellent financial condition, Polish & Slavic Federal Credit Union was able to award exceptional students with scholarships totaling $600,000. 589 young members of were rewarded in the course of the 2024 edition of the prestigious PSFCU Scholarship Program. Both numbers represent a record in the more than 24-year history of PSFCU\’s program, which underscores the Credit Union\’s commitment to supporting young talent and future leaders of the Polish-American community. This year\’s scholarship ceremony for students from the East Coast of the […] - [Diamond Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/diamond-credit-union-selects-upstart-for-personal-lending/): Diamond Credit Union has announced a new partnership with Upstart (NASDAQ: UPST) to provide personal loans to new and existing members. “At Diamond Credit Union, we aim to guide, grow, and give back to every member of our community,” said Lori Levengood, Senior Vice President and Chief Lending Officer at Diamond Credit Union. \”With our expanded community charter, our partnership with Upstart allows us to broaden and diversify our reach to serve more members through an all-digital, personal lending experience.” Diamond Credit Union became an Upstart Referral Network lending partner in April 2023. With the Upstart Referral Network, qualified personal […] - [Black Dragon Capital℠ Names Mark Meyer, President & CEO of Filene, as Advisor to the Fintech (CUSO) Fund](https://thecreditunionconnection.com/black-dragon-capital-names-mark-meyer-president-amp-ceo-of-filene-as-advisor-to-the-fintech-cuso-fund/): Renowned Industry Thought Leader Will Be Joining the Black Dragon Capital℠ Fintech (CUSO) Fund Team as Advisor, Bringing Extensive Expertise and Innovative Insights. Black Dragon Capital℠ welcomes Mark Meyer as its newest Advisor to the Fintech (CUSO) Fund. Mark Meyer is CEO and President of the Filene Institute, a leading industry research and thought leadership organization. Under his leadership, Filene has thrived, influencing high-level industry thinking and innovative approaches. His visionary leadership has not only enhanced Filene\’s reputation but also cemented its role as a pivotal player in shaping the industry\’s future. \”Filene and Mark are known for focusing on unique […] - [New Co-CEOs Lead with Vision and Resilience](https://thecreditunionconnection.com/ceo-roanoke-valley-credit-union/): Committed to a Succession Plan, Roanoke Valley Community FCU is Thriving Roanoke Valley Community Credit Union has kicked off 2024 on fire, boasting an impressive $5.5 million in new loans under co-CEOs Pam Duke and Lauren Whitmire. This remarkable start follows a stellar 2023, where the $103 million credit union achieved a 37.2% increase in loan growth, far outpacing peers in terms of loans, capital growth, net interest margin and return on assets. “Our numbers are telling you where we are going with this team,” Duke said. “We’re definitely not going backwards. It takes a special team to make it […] - [People’s Credit Union Continues Support for Newport Gulls’ FANatic About Reading Program](https://thecreditunionconnection.com/peoples-credit-union-continues-support-for-newport-gulls-fanatic-about-reading-program/): Local Students Will be Honored for Their Efforts with a Night at the Ballpark For the 16th consecutive year, People’s Credit Union is sponsoring the Newport Gulls\’ FANatic About Reading Program to promote the importance of reading for elementary school students on Aquidneck Island. The program gives Newport Gulls\’ college athletes the opportunity to read books to children in their classrooms. As part of the program, players also hand out bookmarks and ask the students to read four books over the summer. On July 29th, at the Gulls\’ final regular season game, People’s Credit Union will host FANatic About Reading Night at […] - [Sikorsky Credit Union Awards Scholarships To Area High School Students](https://thecreditunionconnection.com/sikorsky-credit-union-awards-scholarships-to-area-high-school-students/): Sikorsky Credit Union recently awarded five $1,000 scholarships to local high school seniors preparing to enter college this fall. Sikorsky Credit Union is pleased to announce the recipients of the Thomas J. Williams Scholarship Program for 2024. The program was named in honor of former CEO Thomas J. Williams, who passed away in 2015, and reflects our commitment to supporting the educational endeavors of high school seniors within our community. Each year, Sikorsky Credit Union awards five scholarships to deserving high school seniors who show academic promise and dedication to furthering their education. The $1,000 scholarship will assist recipients with […] - [Hawaii State FCU Donates $20,000 To Friends Of The Library Of Hawaii In Support Of 75th Annual Booksale](https://thecreditunionconnection.com/hawaii-state-fcu-donates-20000-to-friends-of-the-library-of-hawaii-in-support-of-75th-annual-booksale/): Hawaii State Federal Credit Union (Hawaii State FCU) has donated $20,000 to the Friends of the Library of Hawaii in support of the 75th Annual Booksale which is taking place at McKinley High School from June 15-23, 2024. “Hawaii State FCU is honored to uphold our tradition of sponsoring the Friends of the Library’s annual book sale,” said Andrew Rosen, president and CEO of Hawaii State FCU. “Our ongoing support for the public library system across the state underscores our dedication to fostering financial literacy within our local community, from our keiki to kupuna.” Hawaii State FCU has been the […] - [SchoolsFirst Federal Credit Union Ranked #1 in California by Forbes ](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-ranked-1-in-california-by-forbesnbsp/): Credit Union Achieves Best-in-State Ranking for Sixth Consecutive Year SchoolsFirst Federal Credit Union today announced that Forbes has included SchoolsFirst FCU on its list of the best credit unions in California for the sixth consecutive year and has once again named SchoolsFirst FCU as the No. 1 credit union in the state. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.  “It is a privilege that our Members have once again acknowledged us as the Forbes best credit union in California,” said Bill Cheney, chief executive officer of SchoolsFirst FCU. “For […] - [LSCU Announces Credit Unions of the Year](https://thecreditunionconnection.com/lscu-announces-credit-unions-of-the-year/): On Friday, June 14, 2024, the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) presented the LSCU Awards for Credit Union of the Year at the 2024 Southeast Credit Union Conference & Expo (SCUCE) in Orlando, Florida. The LSCU Awards recognizes credit unions and credit union professionals who demonstrate exemplary service and accomplish significant achievements.    The Credit Union of the Year award recognizes affiliated credit unions for their outstanding achievements in the various areas of day-to-day operations, financial prowess, and community outreach.   The winners of the Credit Union of the Year award based on asset size are as […] - [Proof Washington Is Insane](https://thecreditunionconnection.com/proof-washington-is-insane/): By David Baumann, Editor, Washington CU Daily House Republican appropriators last week approved legislation that would cut more than $47 billion from the Community Development Financial Institutions program in FY25. Don’t worry. That proposal is not going anywhere. Congress likes the CDFI program since it brings money home to their districts, so a cut of that magnitude is highly improbable for a program that allows members to write press releases and hold news conferences announcing funding. Even House Financial Services Appropriations Subcommittee Chairman Rep David Joyce, R-Ohio, whose subcommittee produced the bill, is a fan of the program. In November […] - [Rock the Riverfront Classic Rock Hunt Comes to an End for 2024](https://thecreditunionconnection.com/rock-the-riverfront-classic-rock-hunt-comes-to-an-end/): The RCU Foundation’s Rock the Riverfront Classic Rock Hunt, sponsored by Market & Johnson, ended on the evening of Tuesday, June 18. Beau Sweitzer of Chippewa Falls found the rock hiding at Mound Hill Park in Elk Mound, Wis. He and 3 friends were actively hunting for the rock and took time to get the clues and research them before finding the rock. Beau notes that he plans to put the $500 prize into his savings account for upcoming expenses. In addition to the Classic Rock Hunt a Youth Rock Hunt held earlier in June this year. This scavenger hunt created an […] - [SchoolsFirst FCU Honors Classified School Employees in Recognition Events Throughout California ](https://thecreditunionconnection.com/schoolsfirst-fcu-honors-classified-school-employees-in-recognition-events-throughout-californianbsp/): SchoolsFirst Federal Credit Union recently recognized the exemplary school employees who were named winners in annual competitions that honor Classified School Employees of the Year at county and statewide levels.   Sacramento County  SchoolsFirst FCU sponsored the Sacramento County Classified School Employees of the Year competition, which recognized seven classified school employees representing various categories of non-certified, non-management employees. Winners were recognized by SchoolsFirst FCU at the June 2 Sacramento River Cats game, and all winners advanced to competition at the state level sponsored by the California Department of Education. Classified school employees recognized by the Sacramento County Office of Education […] - [U.S. News & World Report Ranks Jack Henry as a Best Company to Work For](https://thecreditunionconnection.com/us-news-amp-world-report-ranks-jack-henry-as-a-best-company-to-work-for/): Jack Henry™ (Nasdaq: JKHY) has been named as one of the 2024 – 2025 Best Companies to Work For by U.S. News & World Report.   Jack Henry was rated among top companies in professional services on factors contributing to job seekers\’ decision-making when choosing a workplace that best meets their needs. \”We\’re thrilled that U.S. News & World Report recognized Jack Henry\’s efforts to create a great workplace,\” said Jack Henry Board Chair and CEO David Foss. \”It is an honor to be included on a list that focuses on qualities we aspire to every day: sense of belonging, opportunities for advancement, flexibility, and […] - [CFPB Takes Action Against Repeat Offender Freedom Mortgage Corporation for Violating Law Enforcement Order and for Housing Data Errors](https://thecreditunionconnection.com/cfpb-takes-action-against-repeat-offender-freedom-mortgage-corporation-for-violating-law-enforcement-order-and-for-housing-data-errors/): Under proposed court judgment, the nonbank mortgage company would pay a $3.95 million penalty and regularly audit and correct its data The Consumer Financial Protection Bureau (CFPB) today filed a proposed order that would require Freedom Mortgage Corporation to pay a $3.95 million penalty for submitting error-riddled mortgage loan data to federal regulators. In October 2023, the CFPB sued the nonbank mortgage company for violating both the Home Mortgage Disclosure Act (HMDA) and a 2019 CFPB order. In addition to the civil money penalty, if entered by the court, today’s proposed stipulated judgment and order will require Freedom Mortgage to […] - [SavvyMoney Ranks Among Highest-Scoring Businesses on Inc.\'s Annual List of Best Workplaces for 2024](https://thecreditunionconnection.com/savvymoney-ranks-among-highest-scoring-businesses-on-incs-annual-list-of-best-workplaces-for-2024/): SavvyMoney named among best workplaces SavvyMoney has been named to Inc.\’s annual Best Workplaces list. Prominently featured on Inc.com, the list results from a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company cultures, whether in a physical or a virtual facility. The Silicon Valley-based company was previously named to the 2023 Inc. 5000 list of the fastest-growing private companies in America. The company ranked 1,403 overall, 89 in the financial services category, and 61 in the San Francisco, Oakland, and Berkeleyarea, reflecting its impressive 417% revenue growth over the past three years. SavvyMoney was […] - [CFPB Takes Action Against Sutherland Global and NOVAD Management Consulting for Reverse Mortgage Servicing Failures](https://thecreditunionconnection.com/cfpb-takes-action-against-sutherland-global-and-novad-management-consulting-for-reverse-mortgage-servicing-failures/): Companies failed to communicate with reverse mortgage borrowers, causing older homeowners to fear losing their homes The Consumer Financial Protection Bureau (CFPB) today ordered a reverse mortgage servicing operation to stop illegal activities that harmed older homeowners and caused them to fear losing their homes. The CFPB found that the customer service operation of Sutherland Global, its subsidiaries Sutherland Government Solutions and Sutherland Mortgage Services, and NOVAD Management Consulting had inadequate resources and staffing to handle as many as 150,000 borrowers. This caused systematic failures to respond to thousands of homeowner requests for assistance, and caused financial harm to borrowers, […] - [Kinecta Federal Credit Union Named Great Place to Work for Sixth Consecutive Year](https://thecreditunionconnection.com/kinecta-federal-credit-union-named-great-place-to-work-for-sixth-consecutive-year/): Kinecta Federal Credit Union proudly announces its recognition as a Great Place to Work-Certified™ company for the sixth consecutive year. This prestigious certification is based on anonymous employee feedback and a rigorous, data-driven methodology that confirmed 82% of Kinecta employees consistently report a positive work experience, significantly higher than the 57% average for typical U.S.-based companies. \”We are thrilled to be recognized as a Great Place to Work-Certified™ company six years running,\” said Keith Sultemeier, CEO of Kinecta. \”This consistent recognition highlights our steadfast commitment to creating a positive and motivating work environment. When our employees feel valued and connected, they […] - [Defense Credit Union Council (DCUC) Supports Senator Ted Budd\'s (R-NC)Proposed “Secure Payments Act of 2024”](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-supports-senator-ted-budds-r-ncproposed-secure-payments-act-of-2024/): Study on Impact of Regulation II, Debit Card Interchange Fee Rule The Defense Credit Union Council (DCUC) provides its support of Senator Ted Budd\’s (R-NC) proposed legislation, \”Secure Payments Act of 2024,\” requiring the Board of Governors of the Federal Reserve System to study the impacts of the proposed rule on debit card interchange fees and routing, and for other purposes. “It’s important that credit unions are provided with accessible financial resources, especially in underserved communities nationwide. Recent months have highlighted how limitations on debit interchange fees impact these resources, and consequentially, consumers\’ financial security,” said Jason Stverak, DCUC Chief […] - [Westerra Shows Its Pride Once Again Through Sponsorship of Denver’s Largest LGBTQ+ Community Event](https://thecreditunionconnection.com/westerra-shows-its-pride-once-again-through-sponsorship-of-denvers-largest-lgbtq-community-event/): This year, Westerra Credit Union is once again sponsoring Denver Pridefest at the “Participating Friend” level and is a Bronze Sponsor for the Denver Pride 5K. Westerra will have a booth at both events, with staff walking in the parade and formed a team to participate in the 5k Walk/Run. This annual sponsorship reflects Westerra’s celebration of the LGBTQ+ community and its ongoing commitment to Diversity, Equity Inclusion and Belonging (DEIB) initiatives and events.   “Last year, Westerra staff really turned up to support Denver Pride,” said Andrea McDermott, Westerra’s Community Engagement Manager, “We saw an 83% increase in staff […] - [Coastal Credit Union Foundation Awards $438k in Grants](https://thecreditunionconnection.com/coastal-credit-union-foundation-awards-438k-in-grants/): The Coastal Credit Union Foundation has awarded $438,000 to 16 nonprofits in North Carolina during its Q2 2024 grant cycle. The sixteen grants given to these nonprofits will improve access to resources and support financial well-being programs throughout our local communities. Grants include $100,000 to the United Way of the Greater Triangle, which will continue our partnership in the Band Together fundraiser for a third year. The Foundation’s other recent grantees include:  Access to Resources Chatham Arts Council Childrens Miracle Network Hospitals Connecting Community Paddling for Pennies Raleigh Music Collective Ripe for Revival Urban Ministries of Durham Youth Ambassadors of […] - [Reliant Credit Union Launches Teen Account](https://thecreditunionconnection.com/reliant-credit-union-launches-teen-account/): Reliant Credit Union is excited to announce the launch of a Teen Account, designed to empower teens ages 11-17 to manage their money using their own debit card. This new account features online and mobile banking access and educational resources so teens can learn budgeting skills and set financial goals to help them build a brighter financial future. The online experience was designed with teens in mind, prioritizing simplicity and ease of use. “Our Teen Account was created to give teens autonomy and parents peace of mind. Offering a debit card to teens allows them to make purchases independently, wherever […] - [Securityplus Federal Credit Union Highlights Commitment to Supporting Minority-Owned Businesses and Fostering Community Growth](https://thecreditunionconnection.com/securityplus-federal-credit-union-highlights-commitment-to-supporting-minority-owned-businesses-and-fostering-community-growth/): Securityplus Federal Credit Union is proud to reaffirm its commitment to supporting minority-owned businesses and fostering community growth. This dedicated was prominently showcases during the recent Black Business Expo hosted by AFRO News, the oldest black-owned business in Maryland, where Securityplus played a key role in educating attendees about the benefits of Small Business Administration (SBA) lending and its comprehensive suite of financial solutions geared specifically towards businesses. As part of the Business Expo, Anthony Carpenter, Vice President of Business Services at Securityplus, delivered a compelling presentation on SBA lending guidelines. His seminar, titled \”Unlocking Your Business Potential,\” provided entrepreneurs […] - [RCU Foundation Announces $150,000 Gift To Wisconsin Farmers Union Foundation](https://thecreditunionconnection.com/rcu-foundation-announces-150000-gift-to-wisconsin-farmers-union-foundation/): The RCU Foundation made a $150,000 gift to the Wisconsin Farmers Union Foundation in support the development of Market on River in downtown Chippewa Falls. The renovated multifunctional space will have a food court, housing, and community meeting rooms, as well as serving has the headquarters of the Wisconsin Farmers Union. The RCU Foundation’s gift will support the community meeting space and the technical equipment needed to provide a high-quality experience for the community. \”The impact of the Royal Credit Union Foundation donation is invaluable to the future success of Market on River” said Jackie Boos, Facilities Director for Market […] - [APCU/Center Parc Credit Union Selects Cotribute’s Digital Platform to Streamline Account Opening Process for Business Members](https://thecreditunionconnection.com/apcucenter-parc-credit-union-selects-cotributes-digital-platform-to-streamline-account-opening-process-for-business-members/): Credit union expands SMB portfolio with embedded account origination solution, provides tailored, more engaging experience for businesses Cotribute today announced it has collaborated with APCU and Center Parc Credit Union (APCU/Center Parc) to launch an advanced, digital account opening solution designed specifically for small-to-medium sized businesses (SMB).  The credit union has launched the commercial account opening module of Cotribute’s Digital Platform to simplify a traditionally complex process, provide business members with a more robust, engaging experience and mitigate risk by maintaining the credit union’s configured Know Your Business (KYB) thresholds. APCU/Center Parc has nearly $2.5 billion in assets, over 105,000 […] - [Heather Diamond, SVP, San Diego County Credit Union Named Among San Diego’s Top 40 Business Leaders Under 40](https://thecreditunionconnection.com/heather-diamond-svp-san-diego-county-credit-union-named-among-san-diegos-top-40-business-leaders-under-40/): SD Metro Magazine honors outstanding young leaders making an impact in San Diego County San Diego County Credit Union® (SDCCU®) is proud to announce that SDCCU Senior Vice President of Business Development & Community Relations, Heather Diamond, was named among SD Metro Magazine’s Top 40 Under 40. The award recognizes outstanding young leaders who are positively impacting their organization and the San Diego community. Diamond was selected for her leadership and passionate commitment to positively impacting the San Diego community through financial education, business development and community relations. In 2023, Diamond led SDCCU’s launch of its inaugural Lift Up Literacy […] - [41st Annual Tower Classic Golf Tournament Raises Over $68,000 for the Johns Hopkins Children’s Center](https://thecreditunionconnection.com/41st-annual-tower-classic-golf-tournament-raises-over-68000-for-the-johns-hopkins-childrens-cente/): The annual charity golf tournament, hosted by the TowerCares Foundation, raised the highest amount in the event’s 41-year history, with all proceeds going to help critically ill children receiving care at Johns Hopkins Children’s Center in Baltimore, Md. TowerCares Foundation today announced that the 41st annual Tower Classic Golf Tournament broke its own fundraising record, raising over $68,000 for the Johns Hopkins Children’s Center (JHCC) in Baltimore, Md. The tournament, held June 7 at Renditions Golf Club, has helped raise more than $1 million for the Children’s Center over the years. The 2024 Tower Classic Champion was Sadie Schisler, a […] - [DCUC Congratulates Andrews Federal Credit Union, USAG Benelux](https://thecreditunionconnection.com/dcuc-congratulates-andrews-federal-credit-union-usag-benelux/): 2023 Army Distinguished Credit Union of the Year The Defense Credit Union Council (DCUC) proudly announces Andrews Federal Credit Union, USAG Benelux, has been selected by the Department of the Army as the 2023 Army Distinguished Credit Union of the Year. A total of 24 packets (6 banks and 18 credit unions) were received and carefully reviewed by the United States Army Financial Management Command, Department of the U.S. Army, for consideration. “DCUC is proud to congratulate Andrew’s Federal Credit Union, and its overseas branch at USAG Benelux, for being recognized as the Army Credit Union of the Year,” said […] - [How Can Financial Institutions Compete with National Card Issuers?](https://thecreditunionconnection.com/how-can-financial-institutions-compete-with-national-card-issuers/): Traditional financial institutions (FIs) often grapple with a pressing question: How can we effectively compete against industry giants? This dilemma concerns more than matching earning rates or replicating existing rewards programs. It\’s about carving out a distinctive space in the market—one that leverages each FI\’s unique strengths and capabilities. At ampliFI Loyalty Solutions, we understand the challenges that FIs face in this competitive landscape. That\’s why we advocate for a strategic shift in the competition approach—focusing on customization and real-time rewards as key differentiators. Our enterprise engagement strategy goes beyond traditional rewards programs by incentivizing consumers to utilize other products […] - [Glia Brings Unified Interactions to NCR Voyix’s Mobile Banking App](https://thecreditunionconnection.com/glia-brings-unified-interactions-to-ncr-voyixs-mobile-banking-app/): Deepened partnership redefines how financial institutions serve and support customers in digital world Glia has successfully integrated its unified interaction capabilities into the mobile version of NCR Voyix\’s Digital Banking platform. With the partnership, Glia and NCR Voyix are delivering the flexibility and choice needed for banks and credit unions to enhance loyalty and compete in today\’s digital-first world.  Built on ChannelLess™ Architecture, Glia provides a new unified approach to customer service that transitions from channel-centric to integrated customer service, and facilitates fluid movement between each interaction channel, including phone calls, digital messaging, chatbots, video chats, and SMS. The Glia […] - [Central Willamette Credit Union Selects Luisa Herrera as Chief Experience Officer (CXO)](https://thecreditunionconnection.com/central-willamette-credit-union-selects-luisaherrera-as-chief-experience-officer-cxo/): Central Willamette Credit Union is thrilled to announce the appointment of Luisa Herrera as the credit union’s new Chief Experience Officer (CXO). In this vital role, Herrera will oversee a range of key functions, including branch and service delivery, member engagement, operations, and wealth management. With her extensive experience and innovative approach, Herrera is poised to enhance collaboration and foster effective communication across all team members and departments at Central Willamette Credit Union. Her leadership will be instrumental in driving the credit union’s commitment to exceptional member experiences and operational excellence. \”We are thrilled to welcome Luisa as our new […] - [CFPB Takes Action Against James and Melissa Carnes for Fraudulently Hiding Money to Evade Law Enforcement](https://thecreditunionconnection.com/cfpb-takes-action-against-james-and-melissa-carnes-for-fraudulently-hiding-money-to-evade-law-enforcement/): Carnes operated a deceptive online lender, will pay $7 million to the CFPB Today, the Consumer Financial Protection Bureau (CFPB) filed an order to resolve its lawsuit against James R. Carnes and Melissa C. Carnes for fraudulent transfers to avoid paying restitution and penalties. In April 2023, the CFPB sued James and Melissa Carnes for hiding money, through multiple fraudulent transfers over two years, in an effort to avoid paying more than $40 million owed by James Carnes. Today’s stipulated judgment and order, if entered by the court, would require James and Melissa Carnes to pay $7 million to the […] - [First Community Trust Announces Partnership With Des Moines-Based Premier Credit Union](https://thecreditunionconnection.com/first-community-trust-announces-partnership-with-des-moines-basedpremier-credit-union/): Lisa Grefe to provide retirement and investment planning services to members First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Iowa, announced a new partnership with Premier Credit Union to offer investment management, retirement and trust services to more central Iowans. FCT services include investment, retirement, financial and estate planning primarily through credit unions, as well as trust and estate administration. “At Premier, we are dedicated to building relationships, one member at a time,” said Premier CEO Megan Tjernagel. “Through this partnership, Premier can proudly offer diverse retirement and financial planning resources to our members and help them […] - [Ryan Cash Graduates from the Credit Union Executives Society CEO Institute](https://thecreditunionconnection.com/ryan-cash-graduates-from-the-credit-union-executives-society-ceo-institute/): Bay Federal’s Senior Vice President and Chief Experience Officer, Ryan Cash, has graduated from the Credit Union Executives Society (CUES) CEO Institute, a highly concentrated program for credit union leaders. Considered to be a top-notch educational experience that combines the best curriculum from leading business schools across the nation, The CEO Institute equips students to tackle any challenges or opportunities that come their way. The program consists of one-week sessions held over the course of three years. At the CEO Institute, Mr. Cash engaged in interactive presentations, collaborated on exercises, and delved into case studies focused on key executive leadership […] - [NCUA Releases Q1 2024 State-Level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q1-2024-state-level-credit-union-data-report/): For federally insured credit unions, assets and shares and deposits declined at the median over the year ending in the first quarter of 2024. At the same time, loans outstanding increased and delinquencies grew at the median, according to the latest Quarterly U.S. Map Review released today by the National Credit Union Administration. While aggregate assets and shares and deposits in federally insured credit unions continued to grow during the year ending in the first quarter of 2024, at the median, assets declined by 0.8 percent and shares and deposits declined by 2.1 percent. Loans outstanding rose by 4.0 percent […] - [Federal Reserve Bank of Atlanta President to Deliver Call to Action at NCUA’s 2024 DEI Summit](https://thecreditunionconnection.com/federal-reserve-bank-of-atlanta-president-to-deliver-call-to-action-at-ncuas-2024-dei-summit/): The NCUA is proud to host Dr. Raphael Bostic, President and CEO of the Federal Reserve Bank of Atlanta, who will deliver the DEI Summit’s Call to Action during a fireside chat with NCUA Chairman Todd M. Harper on Thursday, July 11 at the Minneapolis Hilton. Dr. Bostic is a well-respected economist, academic and public servant who has served as the 15thPresident and CEO of the Federal Reserve Bank of Atlanta since 2017. He is responsible for all the Bank\’s activities, including monetary policy, bank supervision and regulation, and payment services. He serves on the Federal Open Market Committee, the […] - [Financial Plus Credit Union Awards Nine $1,000 Scholarships to Exceptional Students](https://thecreditunionconnection.com/financial-plus-credit-union-awards-nine-1000-scholarships-to-exceptional-students/): Financial Plus Credit Union is proud to award their ninth annual “Reach for Success” Scholarships (formerly known as “You are the Future”) to Mark Behnfeldt, Tate Dutcher, Kristen Hamilton, Margaret VanGoethem, and David Wallace. Each recipient will receive a $1,000 scholarship to use during their 2024-2025 academic school year. This scholarship can be applied towards tuition, fees, books, and room and board. In March, Financial Plus also introduced four exclusive $1,000 scholarship opportunities, each awarded to a graduating senior from Bendle High School, Kearsley High School, LakeVille High School, and Swartz Creek High School. The recipients of the \”Financial Plus […] - [OneAZ Credit Union Joins Global Bridges Journey to Ecuador](https://thecreditunionconnection.com/oneaz-credit-union-joins-global-bridges-journey-to-ecuador/): OneAZ Represents Arizona Among World Council of Credit Unions Initiative OneAZ Credit Union is thrilled to announce participation in the trailblazing Global Bridges journey to Ecuador, hosted by the World Council of Credit Unions. Leading the way for OneAZ are President & CEO Brandon Michaels and Board Director Martha Rozen. OneAZ is the only Arizona-based credit union participating in this groundbreaking experience to foster culturally rich connections between credit unions around the globe. \”It is an honor for OneAZ Credit Union to participate in the Global Bridges journey to Ecuador,” said Brandon Michaels, President & CEO of OneAZ. “This initiative […] - [PenAir Credit Union Launches Annual Financial Fitness Competition](https://thecreditunionconnection.com/penair-credit-union-launches-annual-financial-fitness-competition/): PenAir Credit Union (PenAir) is excited to announce the launch of its annual Financial Fitness Competition, NOW. This transformative program is designed to empower and improve financial health and literacy. Selected participants can enhance their financial knowledge, develop better budgeting habits, and compete to win a $10,000 grand prize from PenAir. The NOW competition spans seven months and focuses on building a clear understanding of personal finances, creating sustainable budgets, and improving credit scores. Participants will receive personalized coaching from PenAir’s certified financial counselors, who will guide them through every step of their financial journey. Since its inception, the competition […] - [Credit union aims to Rize Beyond Banking](https://thecreditunionconnection.com/credit-union-aims-to-rize-beyond-banking/): Changes reflect the company’s vision to end poverty through financial empowerment SCE Credit Union has unveiled their highly anticipated new name, Rize Credit Union (Rize CU), as part of a refreshed brand identity. This transformation reflects the credit union’s unwavering commitment to their members and ongoing mission to uplift communities by providing the knowledge, access, and care that empowers individuals to achieve lasting financial security. Rize CU’s new look and feel captures their vision to end poverty through financial empowerment while celebrating the organization’s rich history as a trusted financial partner. “We wanted to create a brand identity that embodies […] - [The Velera Payments Index: June 2024](https://thecreditunionconnection.com/the-velera-payments-index-june-2024/): Today, Velera – formerly PSCU/Co-op Solutions, published the June edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. Consumer spending in debit accelerated in May 2024 while credit spending softened, yet remained positive. Mixed economic indicators keep the hope of a 2024 rate decrease on the table, at least for now. In our June 2024 edition of the Velera Payments Index, we revisit a Deep Dive into Gasoline, which has notably contributed to the higher-than-desired rate of inflation – but […] - [Three Credit Unions Hire New Leadership and CU League Announces Service Award Recipient](https://thecreditunionconnection.com/three-credit-unions-hire-new-leadership-and-cu-league-announces-service-award-recipient/): Three credit unions including People’s Credit Union announced new hires for executive and leadership positions, and The League of Southeastern Credit Unions & Affiliates announced the recipient of the 2023 Distinguished Service Award. New Hires People\’s Credit Union announced the appointment of Patricia Carlin as Head of Finance and Risk, effective immediately. As a member of the Executive Management Team, Ms. Carlin will be responsible for the Finance, Financial Recovery, and Risk departments, with accountabilities that include budgeting & forecasting; financial reporting and analysis; audit and tax filing; asset liability management and compliance. Coastal Credit Union has hired Doreen Duffy […] - [PAHO/WHO Federal Credit Union Wins MDDCCUA Marketing Trailblazer Award](https://thecreditunionconnection.com/pahowho-federal-credit-union-wins-mddccua-marketing-trailblazer-award/): PAHO/WHO Federal Credit Union (PAHO/WHO FCU) has won the Maryland & DC Credit Union Association Marketing Trailblazer Award in the Best Digital Marketing category for Bienestar Financial Advisors, its new investment advisory and financial planning service through LPL Financial, LLC. The MDDCCUA Marketing Trailblazer Awards recognize outstanding marketing and communications achievements in a variety of categories by credit union asset size. “We are honored by the Maryland & DC Credit Union Association’s recognition of the work our marketing and digital teams have done to visually represent our expansion into investment advisory and financial planning services with Bienestar Financial Advisors,” said […] - [Coastal Credit Union and Ripe for Revival Debut New Mobile Food Market ](https://thecreditunionconnection.com/coastal-credit-union-and-ripe-for-revival-debut-new-mobile-food-marketnbsp/): On June 13, Coastal Credit Union and Ripe for Revival hosted a ribbon cutting and announcement of their new partnership. The event showcased Ripe for Revival’s new Coastal-branded mobile food market that will participate in community events feeding those in need. Funding for the mobile market was made possible in part through more than $100,000 in grants from the Coastal Credit Union Foundation.    “We’re proud to be a collaborative partner with Ripe for Revival,” said Tyler Grodi, Coastal’s president and CEO. “The mobile market is a wonderful resource for the community, and we know that there’s a strong correlation […] - [People\'s Credit Union to Host Free Community Shred Day June 29th](https://thecreditunionconnection.com/peoples-credit-union-to-host-free-community-shred-day-june-29th/): People’s Credit Union’s Middletown Branch at 858 West Main Road will be hosting a free Community Shred Day on Saturday, June 29th, from 9:00 am – 12:00 pm. People’s has partnered with Shred-it to safely and securely destroy sensitive information using Shred-it’s cross-cutting technology. Everyone in the community is invited to bring documents suitable for destruction, including: Financial Statements & Cancelled Checks ATM, Debit, Credit Card & Other Receipts Credit Card Statements Tax Documents Please limit your documents to two boxes (maximum size 24” x 15” x 10”/55lbs) and be prepared to have the Shred-it team place the contents into […] - [LSCU & Affiliates Celebrates a Successful Annual Convention](https://thecreditunionconnection.com/lscu-amp-affiliates-celebrates-a-successful-annual-convention/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) concluded its premier annual conference, the Southeast Credit Union Conference & Expo (SCUCE), on Friday. The event, held at the Signia by Hilton Orlando Bonnet Creek, attracted a dynamic crowd of more than 1100 attendees from across the region, nation, and globe as the conference’s focus on purposeful collaboration made a tremendous impact. LSCU President Samantha Beeler was thrilled by the tremendous response to the conference. “One of my favorite parts of our conferences is always getting to spend quality time with credit unions,” she said. “These interactions always […] - [SECU Awarded PLANSPONSOR of the Year for Its Total Retirement Offering for Employees ](https://thecreditunionconnection.com/secu-awarded-plansponsor-of-the-year-for-its-total-retirement-offering-for-employeesnbsp/): State Employees’ Credit Union (SECU) has been named 2024 PLANSPONSOR of the Year for its Total Retirement Offering provided to the more than 10,000 active and retired SECU employee plan participants. The award was announced at PLANSPONSOR’s Excellence in Retirement Awards dinner held during their National Conference in Chicago. PLANSPONSOR is a trusted information and solutions resource for America’s retirement benefits decision makers. Their awards program recognizes retirement plan sponsors that show exemplary commitment to their participants’ financial health and retirement success. SECU’s Chief Administrative Officer Sara Trexler and Vice President of Retirement Benefits and Education Tim Byrd were on […] - [USAID/WOCCU CAP Project Support Leads to First Credit Union Loan Issued to a Legal Entity in Ukraine](https://thecreditunionconnection.com/usaidwoccu-cap-project-support-leads-to-first-credit-union-loan-issued-to-a-legal-entity-in-ukraine/): Thanks to long-term advocacy efforts by World Council of Credit Unions\’ (WOCCU) International Advocacy team and the USAID/WOCCU Credit for Agriculture Producers (CAP) Project, Credit Union Anisia in Lviv Oblast issued the very first credit union loan to a legal entity in Ukraine. The CAP Project and WOCCU international Advocacy were instrumental in making that possible through their input on the new Law on Credit Unions in Ukraine that took effect on January 1, 2024. Prior to this year, credit union legislation in Ukraine was outdated and allowed cooperative financial institutions to issue loans only to individual members, even if they […] - [Credit Unions Encouraged to Take CISA Critical Infrastructure Survey](https://thecreditunionconnection.com/credit-unions-encouraged-to-take-cisa-critical-infrastructure-survey/): Credit unions are encouraged to provide feedback to the Department of Homeland Security’s Cybersecurity and Infrastructure Agency (CISA) on how they can best support critical infrastructure organizations. Congress has directed CISA to provide scalable commercial cybersecurity shared services to the critical infrastructure community to detect and prevent cybersecurity threats and mitigate vulnerabilities to improve America’s risk posture. CISA is prioritizing innovative solutions to customers but requires more feedback from these organizations.  Financial institutions—including credit unions of all sizes—are considered critical infrastructure in the United States and should always operate under the assumption that they are a target for cyber criminals […] - [Defense Credit Union Council (DCUC) Supports Scott, Haggerty, in proposed CFPB Accountability Act](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-supports-scott-haggerty-in-proposed-cfpb-accountability-act/): Subjecting CFPB to Regular Congressional Appropriations Process The Defense Credit Union Council (DCUC) voices its endorsement of Ranking Member Tim Scott (R-S.C.), Senator Bill Hagerty (R-Tenn.), and their colleagues on the Banking Committee for their introduction of the “Consumer Financial Protection Bureau (CFPB) Accountability Act.” This proposed legislation would enhance the CFPB’s accountability by mandating that its funding be subject to annual appropriation by Congress. “DCUC supports this legislation,” said Anthony Hernandez, DCUC president/CEO. “Implementing a standard congressional appropriations process for the CFPB will guarantee that the interests of consumers are consistently represented and safeguarded within the financial marketplace.\” - [Deborah Jones Named Storm Shelter Loan Payoff Winner](https://thecreditunionconnection.com/deborah-jones-named-storm-shelter-loan-payoff-winner/): TFCU member from Lexington, OK wins $4,264 to pay off their storm shelter loan. Tinker Federal Credit Union (TFCU) recently named Deborah Jones from Lexington, OK as the winner of the 2024 storm shelter loan payoff sweepstakes. Her loan was selected at random from all other TFCU active storm shelter loans in good standing, and her balance of $4,264 was paid in full. “We heard TFCU was a great place to finance our storm shelter purchase and it was a piece of cake,” Deborah said. “I couldn’t quite believe that we won the payoff. It was fantastic!” Deborah, who works […] - [Teachers Federal Credit Union Raises More Than $600,000 For Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/teachers-federal-credit-union-raises-more-than-600000-for-childrens-miracle-network-hospitals/): Second Annual Teachers Federal Credit Union Golf Outing Raises Thousands for Children and Families Across the Country  Teachers Federal Credit Union successfully raised more than $600,000 through fundraising efforts and its Second Annual Teachers Federal Credit Union Golf Tournament benefiting Children\’s Miracle Network Hospitals®. Together with sponsorships from partners including TruStage and Fiserv, as well as donations from Teachers employees and members, funds raised will directly benefit Children’s Miracle Network Hospitals® and its mission to provide life-saving treatments to children across the country.  The Second Annual Teachers Federal Credit Union Golf Tournament benefiting Children’s Miracle Network Hospitals took place on Thursday, […] - [Lumin Digital Announces Partnership with Pinwheel to Offer Banks and Credit Unions Advanced Digital Deposit Switching Solution, Pinwheel Prime](https://thecreditunionconnection.com/lumin-digital-announces-partnership-with-pinwheel-to-offer-banks-and-credit-unions-advanced-digital-deposit-switching-solution-pinwheel-prime/): Research indicates Pinwheel Prime significantly boosts conversion rates, increasing direct deposit enrollment by 32% and reducing the time for initial direct deposit by 65%. Lumin customers can now access Pinwheel Prime and other products like Pinwheel Verify and Pinwheel Earnings Stream. Pinwheel today announces a partnership with Lumin Digital (Lumin), a leading future-ready and cloud-native digital banking solution. Pinwheel\’s deposit-switching solutions drive an immediate uplift in account activation and acquisition ROI. \”Lumin is future-proofing digital banking for financial institutions and helps them grow through innovative solutions. This partnership provides our customers options for deposit switching solutions and is paramount to helping […] - [The Cooperative Credit Union Association and Synergent Celebrate One Year of Partnership](https://thecreditunionconnection.com/the-cooperative-credit-union-association-and-synergent-celebrate-one-year-of-partnership/): The Cooperative Credit Union Association (CCUA) and Synergent® are celebrating one year of partnership. Since the formal agreement was announced in June 2023, the two organizations have collaborated to promote and provide a discounted Marketing Suite of Services and Statements to member credit unions in New Hampshire, Massachusetts, Rhode Island, and Delaware. “As we commemorate one year of partnership, we reflect on the profound strides we\’ve made in enabling credit unions to better serve their members,\” shared Melissa Pomeroy, EVP and Chief Operating Officer of the CCUA. “Through our collaboration with Synergent, we\’ve discovered new opportunities for innovation and growth, […] - [BHFCU Celebrates Second Billings Location by Giving $5,000 to Local Charity](https://thecreditunionconnection.com/bhfcu-celebrates-second-billings-location-by-giving-5000-to-local-charity/): Black Hills Federal Credit Union (BHFCU) celebrated the grand opening of its second Billings location by donating $5,000 to Billings Family Service. BHFCU celebrated the grand opening of their Billings Shiloh location in June with a week-long celebration, including a community-giving component. Members and area residents were encouraged to visit the new location to enter to win $500 cash plus the opportunity to select a charity to receive a $5,000 donation. “We are so grateful for our members and excited to better serve them as we expand our presence in the community,” said Tyson Taylor, VP Mountain Market. “When planning […] - [Verity Credit Union Strengthens Diverse Leadership Team with New CIO Appointment ](https://thecreditunionconnection.com/verity-credit-union-strengthens-diverse-leadership-team-with-new-cio-appointmentnbsp/): Adding Toonayya Allen to a predominantly female, BIPOC leadership team, the organization reinforces its desire to represent and reflect the communities it serves Verity Credit Union today announced the appointment of Toonayya Allen as its new Chief Information Officer. This strategic hire underscores Verity’s Commitment to building a diverse team that sets the standard for inclusive, socially responsible, and community-centered banking.  Allen brings 26 years of experience to the executive leadership team, She embodies servant leadership while leveraging a visionary approach to technology, propelling innovation and operational efficiency within the credit union. Her approach will also help to enhance member […] - [Lending Expert Weighs in on Freddie Mac Second Mortgage Buyouts](https://thecreditunionconnection.com/lending-expert-weighs-in-on-freddie-mac-second-mortgage-buyouts/): SAFE Credit Union Chief Lending Officer Tiffani Vargas says a new pilot program by Freddie Mac to purchase second mortgages will provide a new and affordable way for homeowners to tap into their equity. The Federal Housing Finance Agency (FHFA) approved in June a limited pilot program with Freddie Mac to purchase certain single-family closed-end second mortgages. Those who qualify will be able to take cash out from lines of credit at new rates with the government-sponsored lender. \”I do think that longtime homeowners who\’ve built up significant equity but perhaps are on a fixed income and are hypersensitive to […] - [OneAZ Welcomes New Chief People and Culture Officer](https://thecreditunionconnection.com/oneaz-welcomes-new-chief-people-and-culture-officer/): Chris Flores will lead OneAZ\’s people-focused, purpose-driven culture OneAZ Credit Union is thrilled to announce that Chris Flores is joining Team OneAZ as the new EVP Chief People and Culture Officer. This marks an exciting new chapter in OneAZ’s journey to build a purpose-driven culture that revolves around its collective values and aspirations. “Chris Flores is a champion for elevating company culture around a collective purpose and shared values,” said Brandon Michaels, President & CEO of OneAZ. “She has a genuine passion for people and her commitment to fostering a supportive, high performing and dynamic workplace aligns perfectly with our […] - [Alliant Credit Union Welcomes New CIO and Head of Business Strategy, Jamie Warder](https://thecreditunionconnection.com/alliant-credit-union-welcomes-new-cio-and-head-of-business-strategy-jamie-warder/): Digital banking veteran joins the nation\’s only fully digital credit union to lead technology innovation to better serve Alliant members Alliant Credit Union, a leader in digital banking and one of the largest credit unions in the nation, announces the appointment of Jamie Warder as Chief Information Officer and Head of Business Strategy effective July 8, 2024. In this role, Warder leads the technology and business strategy organization to accelerate Alliant\’s member vision, business strategy and technology execution. \”Jamie is an incredible people and business leader with a distinctive career building national, digital, purpose-driven banking models. He is a great […] - [Defense Credit Union Council (DCUC) Letter to Senate: Proposed NDAA Study Exploits Our Nation’s Heroes](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-letter-to-senateproposed-ndaa-study-exploits-our-nations-heroes/): Today, the Defense Credit Union Council, DCUC, sent a letter addressed to The Honorable Charles Schumer, Senate Majority Leader, and The Honorable Mitch McConnell, Senate Minority Leader voicing its strong opposition to the proposed NDAA study which seeks to bolster the Credit Card Competition Act, CCCA. In the letter, DCUC expressed its concerns regarding the amendment proposed by Senator Roger Marshall (R-KS), which DCUC strongly believes exploits military and veteran communities to benefit big box lenders and e-commerce giants. The proposed study seeks to examine credit and debit card user fees imposed on veterans and caregivers at commissary stores and […] - [Robins Financial Announces Five Promotions and Several Credit Unions Announce New Hires](https://thecreditunionconnection.com/robins-financial-announces-five-promotions-and-several-credit-unions-announce-new-hires/): Robins Financial Credit Union announced five promotions to its leadership staff, and several credit unions including CUSG and Workers Credit Union announced new additions to their staffs. New Hires CUSG is pleased to announce that David Casey has joined the company as its new Chief Information Security Officer (CISO). With more than 20 years of experience in cybersecurity and IT leadership, David brings a wealth of knowledge and expertise to CUSG. “We are thrilled to have David joining our team! David brings years of experience protecting and modernizing security operations for large entities such as hospitals, universities, and financial institutions. […] - [Utah First Credit Union Announces Opening of New Branch & Giveaway](https://thecreditunionconnection.com/utah-first-credit-union-announces-opening-of-new-branch-amp-giveaway/): Utah First Credit Union, one of Utah’s leading financial institutions, is honored to announce its newest branch opening at 2111 East Riverside Drive, St. George, Utah. Utah First to Improve Banking in St. George Utah First is set to elevate the banking experience in St. George by balancing modern digital banking products with the warmth of old-fashioned customer service. Their solutions give members easy access and insights into their finances anytime, anywhere, while their dedicated team provides the human touch of personalized assistance. “Come see how banking should be” is a call to experience how they make banking more efficient, […] - [Jack Henry Ranked on TIME\'s List of America\'s Best Mid-Size Companies 2024](https://thecreditunionconnection.com/za155izkmblbbhvyfha6w1meizqwjf/): Jack Henry™ (Nasdaq: JKHY) was named one of America\’s best mid-size companies by TIME and Statista. Published today, the list recognizes U.S. companies with revenues between $100 million and $10 billion that have shown strong revenue growth, received high marks from employees, and demonstrated their dedication to environmental, social, and corporate responsibility. \”Jack Henry has been recognized by several leading publications as a stellar workplace, and we\’re honored that TIME has deemed us one of America\’s best mid-size companies,\” said Jack Henry President and CEO Greg Adelson. \”Meeting the standards for this esteemed list validates our steadfast focus on taking care […] - [America First Credit Union Partners with Loquat Inc. for Small Business Account Onboarding](https://thecreditunionconnection.com/6p8py57lcc0leftwtvoqtsv06doz5i/): Top 10 credit union will adopt a new small business banking platform to create a streamlined digital process for business members including digital account opening, virtual cards, payments and reporting America First Credit Union has selected Loquat Inc. to help enhance the onboarding experience for small business members. The partnership will equip small business owners with time-saving mobile solutions to make it easier, faster and more secure to run their business and have full control over their finances. “We’ve seen significant small business account growth across our membership — and these members want to get up-and-running quickly,” said Karey Thomas […] - [evolve FCU | Social Purpose community Outreach Event Summer Slam 2024](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-summer-slam-2024/): On Saturday, July 6, evolve FCU hosted its second Social Purpose event of the year, “Summer Slam 2024,” at the El Paso Chihuahuas baseball stadium, where the credit union provided tickets to a private event to seven of its partner organizations respectively. Organizations included in this event were the Child Crisis Center, Candlelighters, Big Brothers Big Sisters, Make-A-Wish of El Paso, The El Paso Children Miracle Network, Lee and Beulah Moor Children’s Home, and The Center Against Sexual and Family Violence. The children’s organizations were greeted with a warm welcome at the baseball stadium, where they were able to sit […] - [VyStar Credit Union Partners with Worldwide Foundation of Credit Unions to Advance Access to Affordable, Reliable and Sustainable Financial Services](https://thecreditunionconnection.com/vystar-credit-union-partners-with-worldwide-foundation-of-credit-unions-to-advance-access-to-affordable-reliable-and-sustainable-financial-services/): VyStar Credit Union recently participated in the Worldwide Foundation of Credit Union’s (WFCU) Global Bridges program, a global movement of credit unions and financial cooperatives. The platform connects networks across the World Council of Credit Unions (WOCCU) and WFCU to advance solutions to shared global challenges.   WOCCU has projects in Ukraine, Burkina Faso, Kenya, Senegal, Guatemala, Peru and Ecuador. Participants from the Global Bridges Economic Inclusion Project (EIP) study tour in Ecuador engaged with several national organizations, including the Superintendence of the Popular and Solidarity Economy, and the Financial Policy and Regulation Board among others. The project connects Venezuelan migrants […] - [DUSTIN JACOBS NAMED CHAIR OF BROWARD EDUCATION FOUNDATION’S BOARD OF DIRECTORS](https://thecreditunionconnection.com/dustin-jacobs-named-chair-of-broward-education-foundations-board-of-directors/): BrightStar Credit Union is proud to announce Dustin Jacobs, VP of Marketing, has been named Chair of the Broward Education Foundation (BEF) Board of Directors. BEF is a community-driven, charitable organization dedicated to serving students and teachers in Broward County Public Schools.  \”Dustin has been a passionate and dedicated board officer for the past several years, and we’re thrilled that he’s now leading the board,” said James A. Knapp, president and CEO of Broward Education Foundation. “His experience and vision are an asset to us as we continue to support and serve the students and teachers in Broward County Public […] - [How Many Members Can You Afford to Lose?](https://thecreditunionconnection.com/how-many-members-can-you-afford-to-lose/): Kathy Feringa, Vice President, Member Product Support, Alloya Corporate FCU Do you remember “the tube”? The one that suctioned your cash or check and deposit slip from the drive-thru to the teller behind the glass? For those of us who lived through the ‘80s, you know what I’m talking about. For those wondering “what tube?”, give it a Google. There was a time when the pneumatic tube system was considered cutting-edge technology, and while it’s by no means extinct, as it’s still widely used in settings like hospitals and pharmacies, and even at some credit unions, it’s certainly seen declining […] - [July 31 Deadline to Apply for $500,000 Accelerating Change Together (ACT) Grant](https://thecreditunionconnection.com/july-31-deadline-to-apply-for-500000-accelerating-change-together-act-grant/): The July 31, 2024, deadline to apply for the $500,000 ACT Grant is quickly approaching. The BayPort Foundation, Ferguson, Newport News Shipbuilding, a division of HII, and Virginia Natural Gas announced a community partnership to fund a three-year, $500,000 transformational grant called Accelerating Change Together (ACT). This year\’s grant focus will be Education and Workforce Development. The grant will run from 2024 to 2026 and aims to invest in the Hampton Roads nonprofit community to build upon education and develop a skilled workforce that benefits the nation. Subject to the Contributions Committee\’s annual review of the nonprofit\’s demonstrated effectiveness in […] - [FFIEC Publishes 2023 Data on Mortgage Lending](https://thecreditunionconnection.com/ffiec-publishes-2023-data-on-mortgage-lending/): The Federal Financial Institutions Examination Council (FFIEC) today published data on 2023 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 5,113 U.S. financial institutions, including banks, savings associations, credit unions, and mortgage companies. The HMDA data are the most comprehensive source of publicly available information on mortgage market activity. The data are used by industry, consumer groups, regulators, and others to assess potential fair lending risks and for other regulatory and informational purposes. The data also help the public assess how financial institutions are serving the housing needs of their local communities and facilitate federal financial […] - [Anoka Hennepin Credit Union Members Vote to Merge With TopLine Financial Credit Union](https://thecreditunionconnection.com/anoka-hennepin-credit-union-members-vote-to-merge-with-topline-financial-credit-union/): TopLine Financial Credit Union and Anoka Hennepin Credit Union, both Twin Cities-based member-owned financial services cooperatives, are proud to jointly announce the successful merger of their credit unions. Anoka Hennepin Credit Union members will join the TopLine family of members as of August 1, 2024. Joining forces marks a significant milestone in the history of both credit unions and pledges to enhance member convenience, commitment to financial wellness, and expand community impact. The merger makes TopLine the 9th largest credit union in Minnesota, with over $1.1 billion in assets. Anoka Hennepin Credit Union held their Special Members’ Meeting on June […] - [Whitefish Credit Union Breaks Ground on New Branch in Missoula](https://thecreditunionconnection.com/whitefish-credit-union-breaks-ground-on-new-branch-in-missoula/): Whitefish Credit Union is pleased to announce the recent groundbreaking of its newest branch in Missoula, marking the credit union’s first location in the city.  This significant milestone represents a key step in Whitefish Credit Union\’s ongoing commitment to expanding its reach and providing exceptional financial services to communities across Montana.  The new branch, which is set to be completed in 2025, demonstrates Whitefish Credit Union\’s dedication to sustainability and community support. The original building on the site was carefully deconstructed by Waste Less Works, a local company known for its innovative approach to reusing building materials. This collaboration ensures that valuable resources are […] - [HealthShare Credit Union Unveils MiniBranch’s New Virtual Assistant \'Val\' and Deploys 8 New ATMs Across Hospital Campuses](https://thecreditunionconnection.com/healthshare-credit-union-unveils-minibranchs-new-virtual-assistant-val-and-deploys-8-new-atms-across-hospital-campuses/): HealthShare Credit Union is proud to announce the successful deployment of MiniBranch in partnership with AOne ATM. This strategic collaboration introduces Val, a state-of-the-art virtual assistant, alongside eight new ATMs spread across HealthShare Credit Union’s hospital campuses, revolutionizing member services and accessibility. Genice Decorte, CEO of HealthShare Credit Union, expressed her satisfaction with the seamless implementation, stating, \”Hands down one of our best partners ever, they did an amazing implementation job that was fast, efficient, easy, and no headaches. We are in love with this product!\” Albert Howard, Co-Founder and Director of Business Development at MiniBranch, shared his excitement about […] - [DakCU and DigiLend Join Forces!](https://thecreditunionconnection.com/dakcu-and-digilend-join-forces/): The Dakota Credit Union Association (DakCU) is pleased to announce a new partnership with CU DigiLend, an innovative technology platform providing white-labeled solutions for credit unions. This collaboration will introduce CU DigiLend’s advanced point-of-sale financing program to the association’s member credit unions, enhancing their ability to offer flexible financing options to their members and enabling local businesses to support their customers with seamless financing solutions. CU DigiLend stands out for its cutting-edge technology and user-friendly experience, allowing credit unions to facilitate personal financing directly at the point of sale. This streamlined loan application process makes it easier for members to […] - [ModernFi and Members Development Company Announce Partnership to Support the First Deposit Network for Credit Unions](https://thecreditunionconnection.com/modernfi-and-members-development-company-announce-partnership-to-support-the-first-deposit-network-for-credit-unions/): ModernFi, the leading technology provider for deposit management, has partnered with Members Development Company (MDC) to create the first deposit network for credit unions. MDC, a network of 80 large credit union owners focused on accelerating credit union success, and ModernFi will offer the deposit network to all credit unions as a powerful tool to grow deposits and member relationships.   Deposit and member retention and growth have been urgent priorities for credit unions over the past year. High interest rates coupled with the banking turmoil in 2023 have left credit unions in need of new, innovative, and non-rate driven solutions […] - [FIntegrate Introduces FusionLRS for Legacy Data Conversions and Research](https://thecreditunionconnection.com/fintegrate-introduces-fusionlrs-for-legacy-data-conversions-and-research/): FIntegrate Technology today announced the launch of its latest image and data conversion suite —FusionLRS. Leading FIntegrate back into the image and data conversion space is a management development and operations team of experts who have spent over 25 years converting or migrating hundreds of thousands of terabytes of data for more than 4,800 financial institutions nationwide. These experts created the data conversion space in 1998, including leading products that are currently operating in the market, such as OmniView (ILS) and Jack Henry\’s ProfitStars. Designed for financial institutions of all sizes, FusionLRS is an Image and Data Conversion system, and […] - [Tim Tebow to Keynote Inaugural CMN Night of Miracles](https://thecreditunionconnection.com/f4ejvp1r08oyl6bmnhxpatgrip9ooj/): The League of Southeastern Credit Unions (LSCU) and Credit Unions for Kids (CU4Kids) are excited to announce that Tim Tebow will be the special guest and keynote speaker at the inaugural CMN Night of Miracles Gala, benefiting Children’s Miracle Network Hospitals. This event will take place on November 13, at the Tampa Museum of Art in Tampa, Florida. The Night of Miracles Gala promises to be an unforgettable evening, featuring a formal gala, a silent and live auction, and a night to honor our miracle child, Maya. In addition to hearing from Tebow, attendees will have the chance to bid […] - [Texans Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/texans-credit-union-selects-upstart-for-personal-lending/): Texans Credit Union has announced their partnership with Upstart (NASDAQ: UPST) to offer personal loans to consumers. “Our growth strategy is focused on finding the best ways to assist people to meet their financial goals,” said David Frazier, President and Chief Executive Officer at Texans Credit Union. “Through Upstart’s AI lending marketplace, we are expanding how we reach and lend to more Texans during key milestones in their lives.” “We are always on the lookout for complementary technology partners that can help meet the modern needs of our growing membership,” said Mike McWethy, Executive Vice President at Texans Credit Union. […] - [CFPB Proposes Rules to Help Homeowners Avoid Foreclosure](https://thecreditunionconnection.com/cfpb-proposes-rules-to-help-homeowners-avoid-foreclosure/): Proposed rules would require servicers to help homeowners before foreclosing, give servicers more flexibility by reducing paperwork requirements, and improve communication with homeowners The Consumer Financial Protection Bureau (CFPB) today proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage. The proposal, if finalized, would require mortgage servicers to focus on helping borrowers, not foreclosing, when a homeowner asks for help. The proposed changes would also make it simpler for servicers to offer assistance by reducing paperwork requirements, improve communication with borrowers, and ensure critical information is provided in languages […] - [Open Lending Partners with Securian Financial Group](https://thecreditunionconnection.com/open-lending-partners-with-securian-financial-group/): Automotive lending enablement provider adds insurance provider to its roster of highly rated carriers Open Lending Corporation today announced a partnership with Securian Financial Group, Inc. (“Securian Financial”). The partnership enables Open Lending to provide insurance coverage through its flagship Lenders Protection™ program as market volatility compromises automotive loan portfolios. “We are pleased to add Securian Financial as an insurance partner for our Lenders Protection program,” said Chuck Jehl, Interim CEO of Open Lending. “As a highly rated carrier with a long history and familiarity with our credit union and other lending institution customers, they are a great addition to […] - [NCUA’s Harper Discusses DEI, Economic Freedom, and Economic Insecurity at Fifth Annual DEI Summit](https://thecreditunionconnection.com/ncuas-harper-discusses-dei-economic-freedom-and-economic-insecurity-at-fifth-annual-dei-summit/): National Credit Union Administration Chairman Todd M. Harper said that it is incumbent on all credit unions to answer the call for a financial system that works for all during his remarks today at the NCUA’s fifth Diversity, Equity, and Inclusion Summit in Minneapolis, Minnesota. “It does not matter whether someone is Black, brown, white, or from some other spectrum of the racial rainbow, nor what ethnicity, disability, orientation, religion, or gender one identifies with,” Chairman Harper said. “Credit unions should work to lift up everyone, so our democracy can remain strong and succeed for the next two-and-a-half centuries. In […] - [Mazuma Credit Union Gains National Exposure with “Viewpoint” Feature](https://thecreditunionconnection.com/mazuma-credit-union-gains-national-exposure-with-viewpoint-feature/): Acclaimed educational series “Viewpoint with Dennis Quaid” highlights local institution Mazuma Credit Union, which has been serving the Kansas City community for over 75 years, is gaining national recognition through its partnership with “Viewpoint with Dennis Quaid”. This award-winning series of short documentaries, which highlight innovation and excellence in a wide range of organizations, will deliver Mazuma’s message about the unique and vital purpose of credit unions to households across the United States over the coming months. “When the producers of ‘Viewpoint’ first approached us about their interest in featuring our credit union, we were honored and honestly a bit […] - [TransUnion: Data Breach Severity Up 31% Q1 2024, Unveils Personalized ID Theft Assessment](https://thecreditunionconnection.com/transunion-jim-van-dyke-personalize-data-breach/): Company’s enhanced identity threat intelligence technology recognized at FinovateSpring conference The severity of data breach risks rose to the highest level in two years during the first quarter of 2024, increasing 31% from the same period last year. TransUnion (NYSE: TRU) unveiled its analysis of data breach trends today at the 2024 FinovateSpring conference where the company’s new identity threat intelligence offerings within its TruEmpowerTM solution line were featured as one of the most exciting technologies with real-world applications. TruEmpower’s enhanced BreachIQ capabilities use a proprietary AI algorithm for personalized identity risk assessment. The technology analyzes an individual’s comprehensive data […] - [Chevron Federal Credit Union Selects Blue Sage Digital Lending Platform for Enhanced Member Experience](https://thecreditunionconnection.com/chevron-federal-credit-union-selects-blue-sage-digital-lending-platform-for-enhanced-member-experience/): Leading credit union leverages digital mortgage provider\’s state-of-the-art LOS and LION Consumer POS, offering its members a seamless, secure and speedy experience from any device Chevron Federal Credit Union (Chevron FCU) has successfully implemented Blue Sage Solutions\’ fully cloud-based Digital Lending Platform. This milestone enables the credit union and Spectrum Credit Union to streamline the home financing experience for its members while enhancing efficiency through its entire loan origination process. In addition to leveraging all components of the Blue Sage LOS platform, the credit union implemented Blue Sage\’s LION Consumer POS, ensuring members can check rates, apply, and get approved […] - [Diamond Credit Union Selects Tyfone for Digital Banking Services](https://thecreditunionconnection.com/diamond-credit-union-selects-tyfone-for-digital-banking-services/): Credit union invests in full suite of digital services to enhance consumer banking and expand commercial banking functions to improve financial wellbeing Digital banking provider Tyfone today announced Diamond Credit Union (Diamond) has selected its nFinia® Digital Banking platform for commercial and retail account holders. Diamond selected the platform for its configurability and ability to meet the digital needs of both members and small- and medium-sized businesses (SMBs) in its community. Pottstown, Penn.-based, chartered community-Diamond has $1 billion in assets and serves 66,000 members across Berks, Montgomery, Chester and Bucks counties. The credit union was a long-time customer of Cubus […] - [MEA Financial and Pinwheel to Offer Credential-less Deposit Switching](https://thecreditunionconnection.com/mea-financial-and-pinwheel-to-offer-credential-less-deposit-switching/): With Pinwheel, financial institutions using MEA Financial can access the industry\’s highest-converting direct deposit switching solution, enabling a frictionless consumer experience that improves the direct deposit enrollment rate by over 32%. Pinwheel, a fintech that helps financial institutions win primacy with frictionless activation, today announced a partnership with MEA Financial Enterprises LLC (\”MEA\”), a national leader in the provision of innovative software solutions to the financial services marketplace. MEA Financial\’s customers can now integrate Pinwheel\’s suite of products, including Pinwheel Prime and Verify, to streamline direct deposit switching and unlock access to real-time income and employment data. As banks grapple […] - [Stanford Federal Credit Union Wins Q2 Innovation Award for Launch of Digital Communications Channel Powered by Agent IQ](https://thecreditunionconnection.com/stanford-federal-credit-union-wins-q2-innovation-award-for-launch-of-digital-communications-channel-powered-by-agent-iq/): Stanford Federal Credit Union (SFCU) was named the winner of the Q2 Excellence Award for Innovation for their use of the Q2 Digital Banking Platform, the Q2 software development kit (SDK) and their use of a Q2 Innovation Studio partner solution. Through the Q2 Innovation Studio, Stanford FCU deployed a digital communication channel developed in conjunction with Agent IQ, a leader in digital relationship banking providing personal banker engagement and AI-supported self-service capabilities. SFCU’s service, launched in July 2023, allows members to connect with associates in the way that best suits their needs, whether through the website or authenticated messaging within Q2’s Digital […] - [DCUC Successful in Opposition to Unrelated 2025 NDAA Amendments](https://thecreditunionconnection.com/dcuc-successful-in-opposition-to-unrelated-2025-ndaa-amendments/): Yesterday, the U.S. Senate released the 2025 National Defense Authorization Act (NDAA) without including any provisions to amend the Federal Credit Union Act (FCUA) for share insurance coverage for deposits made at a credit union operating the Overseas Military Banking Program (OMBP) contract. The Defense Credit Union Council (DCUC) has engaged with both houses of Congress, sharing the full perspective of the credit union industry regarding the proposed FCUA amendments while highlighting the potential adverse impacts that would follow. In early May, DCUC President/CEO Anthony Hernandez and Chief Advocacy Officer (CAO) Jason Stverak held multiple successful meetings with staff from […] - [Corporate Central Pioneers the Future of Payments with Superior ACH Solutions and Beastro Platform Integration](https://thecreditunionconnection.com/corporate-central-pioneers-the-future-of-payments-with-superior-ach-solutions-and-beastro-platform-integration/): Corporate Central is revolutionizing the payments landscape with cutting-edge ACH Solutions and its innovative Beastro platform, setting a new standard for the industry. The corporate credit union’s direct connection with the Federal Reserve and the integration capabilities of Beastro empowers credit unions to deliver seamless, efficient, and secure transactions to their members. In 2024, Corporate Central launched Beastro > Money Movement > ACH Solutions, a platform designed to offer frictionless ACH transactions with enhanced functionality, robust security, and an intuitive interface. Beastro provides a unified, responsive platform for all money movement transactions, including not only ACH receiving and origination, but […] - [OMNI Community Credit Union Celebrates 10th Consecutive National Win as a Best and Brightest Company to Work For®](https://thecreditunionconnection.com/omni-community-credit-union-celebrates-10th-consecutive-national-win-as-a-best-and-brightest-company-to-work-for/): OMNI Community Credit Union is proud to announce its recognition as one of the 2024 Best and Brightest Companies to Work For in the Nation, marking its 10th consecutive national win. This prestigious honorhighlights OMNI’s continuous dedication to creating an outstanding workplace environment, promoting employee engagement, and fostering a culture of inclusivity and growth. The Best and Brightest Companies to Work For® award, organized by the National Association for Business Resources (NABR), recognizes companies that demonstrate exceptional human resource practices and innovative business acumen. Winning companies like OMNI are selected based on rigorous evaluations by an independent research firm, which […] - [OneAZ Launches Transformational Partnership with Filene](https://thecreditunionconnection.com/oneaz-launches-transformational-partnership-with-filene/): OneAZ Joins Two Initiatives to Transform the Credit Union Industry OneAZ Credit Union is proud to announce a major investment in the future of the credit union industry by joining Filene Research Institute’s Centers of Excellence. By joining the Center for the Credit Union of the Future and the Center for Leadership, Strategy & Governance, OneAZ is committed to developing transformational strategies that maintain the strength and resilience of credit unions in the rapidly changing financial services industry. “Our partnership with Filene Research Institute is a strategic investment that provides OneAZ the opportunity to engage with some of the brightest industry trailblazers in […] - [Happy Money Partners with Method to Further Streamline Debt Consolidation for Members](https://thecreditunionconnection.com/happy-money-partners-with-method-to-further-streamline-debt-consolidation-for-members/): Happy Money today announced a strategic partnership with Method to enhance the way members consolidate and pay off high-interest credit card debt. Happy Money offers personal loans to streamline paying off credit card debt, saving consumers thousands of dollars thanks to low interest rates and a single, fixed payment. The integration of Method\’s liability connectivity APIs into Happy Money\’s platform enables more accurate and real-time identification of members\’ outstanding credit cards, live balance retrieval and balance transfer, without requiring members to enter account numbers or remember passwords. The partnership has resulted in an enhanced member experience and deeper transparency into […] - [What poses a greater threat: ignorance or indifference?](https://thecreditunionconnection.com/what-poses-a-greater-threat-ignorance-or-indifference/): Denise Wymore, Chair, CU De Novo Collective Ignorance: The term “ignorance” is often misunderstood and misused as an insult. In reality, ignorance simply signifies a lack of knowledge, not a lack of intelligence. Some individuals, including myself, choose to remain ignorant about certain topics. For instance, I deliberately avoid engaging with US politics for the sake of my mental well-being despite being labeled irresponsible.  Until I heard Randy Karnes, now-retired CEO of CU*Answers, speak a couple of years ago at the Underground in Las Vegas, I had no idea how challenging it was to start a new credit union, with […] - [Union Credit Predicts Three Trends in Embedded Finance for Member Growth](https://thecreditunionconnection.com/union-credit-predicts-three-trends-in-embedded-finance-for-member-growth/): Union Credit reveals three emerging trends as embedded finance continues to be a key strategy for credit unions’ member growth and long-term success. Barry Kirby, co-founder and chief revenue officer at Union Credit, said “Amid rising competition and a tightening economy, credit unions are looking for ways to increase brand visibility and strengthen member acquisition. Embedded offers are proving to be an effective way to reach new audiences that may not be aware of the benefits credit unions provide. More credit unions are meeting more Americans in their shopping and e-commerce experiences and helping to improve their finances.” Three marketplace […] - [Velera and Credit Union Partners Join Forces with 3DE by Junior Achievement to Deliver Credit Union-Focused Case Study to Students Nationwide](https://thecreditunionconnection.com/velera-and-credit-union-partners-join-forces-with-3de-by-junior-achievement-to-deliver-credit-union-focused-case-study-to-students-nationwide/): Velera – formerly PSCU/Co-op Solutions– is excited to announce it has launched a credit union-focused partnership with 3DE by Junior Achievement, an innovative model for public education focused on reengineering high school in order to provide economic opportunity for all students. 3DE by Junior Achievement is an immersive public high school model serving over 15,000 students across 60 schools in 32 districts and 13 states. 3DE makes learning relevant by connecting education to real-world concepts, drives engagement through business connectivity, and enhances student retention with opportunities to apply academic knowledge. Under the brand “Credit Unions Nationwide,” Velera, as the lead sponsor […] - [YMC to Host Free ‘Strategic Jam’ Sessions](https://thecreditunionconnection.com/ymc-to-host-free-strategic-jam-sessions/): Your Marketing Co. today announced it will host complimentary one-on-one “Strategic Jam” sessions with credit union CEOs this summer. Topics include marketing strategy, digital marketing and social media, frontline team engagement and training, and website reviews. This effort is part of YMC’s commitment to the “No Credit Union Left Behind” initiative, which aims to ensure that all credit unions, regardless of size or resources, have access to tools and expertise they need to thrive in today’s competitive financial landscape. Each free 30-minute session is tailored to address the unique needs and challenges of the participating credit union, ensuring actionable insights […] - [Defense Credit Union Council (DCUC) Urges Federal Reserve Chair to Support Secure Payments Act (H.R. 7531)](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-urges-federal-reserve-chair-to-support-secure-payments-act-hr-7531/): Ahead of Federal Reserve Chair Jerome Powell\’s upcoming semiannual monetary policy report to Congress, the Defense Credit Union Council (DCUC) urges Chairman Powell to endorse the Secure Payments Act (H.R. 7531), introduced by Rep. Blaine Luetkemeyer (R-MO), and support Senator Ted Budd’s (R-NC), recent proposal for a study on the debit card interchange fee cap. Chairman Powell is scheduled to deliver his report before the Senate Banking, Housing, and Urban Affairs Committee and the House Financial Services Committee tomorrow and Wednesday, respectively. DCUC continues to emphasize the critical role credit unions have in providing accessible financial services to their members, […] - [Clutch Partners With the Iowa Credit Union League to Revolutionize Consumer Banking](https://thecreditunionconnection.com/clutch-partners-with-the-iowa-credit-union-league-to-revolutionize-consumer-banking/): Clutch has announced a strategic partnership with the Iowa Credit Union League (ICUL) to assist more Iowa credit unions and their members. With Clutch\’s innovative platform, credit unions across the country gain access to cutting-edge technology aimed at enhancing member experiences while streamlining operations. Leveraging its expertise and collaborative approach, the platform aims to empower financial cooperatives with their digital aspirations and better serve their members in today\’s rapidly evolving financial landscape. As a Credit Union Service Organization (CUSO), Clutch boasts a portfolio of more than 100 clients and has garnered significant investment from distinguished entities such as Andreessen Horowitz, […] - [Seattle Credit Union Selects Michael Cruz as Chief Financial Officer](https://thecreditunionconnection.com/seattle-credit-union-selects-michael-cruz-as-chief-financial-officer/): Seattle Credit Union has selected Michael Cruz as its new Chief Financial Officer. “We’re excited to welcome Michael as our new CFO,” says Richard Romero, CEO. “He brings a wide variety of financial expertise to his new position and shares our vision and passion for ensuring a robust future for everyone who lives in the Puget Sound.” Prior to joining Seattle Credit Union, Cruz served as Senior Vice President of Risk Management for Credit Union of Southern California. His professional experience also includes a decade of regulatory service, including holding various positions for the Federal Housing Finance Administration (FHFA) and […] - [VALLEY OAK CREDIT UNION CELEBRATES 80-YEARS OF SERVICE](https://thecreditunionconnection.com/valley-oak-credit-union-celebrates-80-years-of-service/): Thursday, June 27, 2024, marked 80 years of service for Valley Oak Credit Union located in Tulare County, California. Established in 1944, by a local co-op grocer George Burcham in idyllic Three Rivers, California, Valley Oak Credit Union was established to serve the agricultural workers of Tulare County and its communities, even operating out of a garage at one point as so many successful startups tend to do. Today, Valley Oak services communities within Tulare and Madera Counties with over 6,500 members and close to $80M in assets. “The resolve of Valley Oak Credit Union remains strong and true,” states […] - [California Credit Union Launches School Supply Drive In Association with NBC4 and Telemundo 52](https://thecreditunionconnection.com/california-credit-union-launches-school-supply-drive-in-association-with-nbc4-and-telemundo-52/): Credit Union Branches Accepting Donations of School Supplies for Local Students California Credit Union has launched a school supplies drive to help local students start the school year ready to learn in association with NBC4 and Telemundo 52\’s Supporting Our Schools back-to-school donation drive. Through July 27, California Credit Union invites community members to make a difference in a student\’s life by dropping off new school supplies at any branch location in Los Angeles and Orange counties. A complete list of California Credit Union locations is available here. All supplies will be distributed to students at a special community event […] - [Affinity Federal Credit Union President’s Invitational Golf Outing Raises Over $200,000 for Affinity Foundation](https://thecreditunionconnection.com/affinity-federal-credit-union-presidents-invitational-golf-outing-raises-over-200000-for-affinity-foundation/): The annual fundraiser makes an impact on the local communities Affinity serves in New Jersey, New York and Connecticut Affinity Federal Credit Union (“Affinity”) recently hosted its annual President’s Invitational Golf Outing, raising over $200,000 for the Affinity Foundation (“Foundation”). The event, held on June 10, 2024, had 116 golfers joined by additional guests and 57 sponsors. The Foundation is grateful to recognize the top sponsors of the event including: Allied Solutions, Fiserv, Vericast, VISA, Inc., New York Red Bulls and Greenwood Products. The support from sponsors is integral to the Foundation’s ability to provide Affinity members and communities with […] - [Patelco Credit Union Under Investigation for Ransomware Attack and Data Breach Affecting 500,000 Members](https://thecreditunionconnection.com/patelco-credit-union-under-investigation-for-ransomware-attack-and-data-breach-affecting-500000-members/): Schubert Jonckheer & Kolbe LLP is investigating a ransomware attack and data breach affecting the private information of approximately 500,000 members of Patelco Credit Union, a California-based credit union. On June 29, 2024, Patelco experienced a ransomware attack, in which hackers gained access to its systems, blocked access, and then demanded a ransom payment to restore its systems and return stolen data. As a result, many of Patelco\’s systems were shut down. The credit union\’s members have been locked out of electronic payments, direct deposits, and transfers since the beginning of the attack. According to news reports, Patelco\’s members were forced […] - [The CDFI Fund Transparency Act: What It Means for CDFI Credit Unions](https://thecreditunionconnection.com/the-cdfi-fund-transparency-act-what-it-means-for-cdfi-credit-unions/): The House Financial Services Committee recently passed H.R. 3161, the CDFI Fund Transparency Act, by a voice vote. Basically, what it does is require the director of the CDFI Fund to testify before the congressional committees of jurisdiction once a year. On the surface, it sounds like a simple form of accountability to keep the fund on track, but what does it all actually mean for CDFI credit unions and will this have an effect on their certification? How It All Started The origins of this legislation can be traced back to when Rep. John Rose paid a visit to […] - [Silver State Schools Credit Union Selects Ken Downs as SVP/ Chief Information Officer](https://thecreditunionconnection.com/silver-state-schools-credit-unionselects-ken-downs-as-svp-chief-information-officer/): Silver State Schools Credit Union is pleased to announce the hiring of Ken Downs as the… - [USAID/WOCCU Economic Inclusion Project Launches Consultative Committee on the Financial Inclusion of Migrants and Refugees in Peru](https://thecreditunionconnection.com/usaidwoccu-economic-inclusion-project-launches-consultative-committee-on-the-financial-inclusion-of-migrants-and-refugees-in-peru/): Initiative announced at second of two EIP semiannual meetings in Peru and Ecuador The USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Project launched a new initiative at its June 27 semiannual meeting in Peru that aims to facilitate better coordination between the public and private sectors in the development of regulatory proposals, mechanisms and strategies that improve access to financial services and boost economic opportunities for Venezuelan migrants and refugees.  Oscar Guzman speaks at the EIP semiannual meeting in Peru The Economic Inclusion Project (EIP) joined the country\’s Ministry of Economy and Finance and the National Superintendence of Migration […] - [Through ITINs, Greylock Federal Credit Union provides New Americans with a path forward](https://thecreditunionconnection.com/through-itins-greylock-federal-credit-union-provides-new-americans-with-a-path-forward/): Yomary Almonte couldn’t believe her ears when she heard the words from Greylock Federal Credit Union: “You are approved to buy a home for you and your family.” The news was a dream come true for Almonte who immigrated to the United States from the Dominican Republic five years ago in search of better opportunities for her family. For Almonte, and other immigrants who choose Greylock as their financial institution, the credit union has helped to make their dreams a reality through its ITIN (Individual Taxpayer Identification Number) offerings. New homeowner Yomary Almonte with Gloria Escobar, Greylock’s Sr Community Relations […] - [Federal Home Loan Bank of Dallas and ANECA Federal Credit Union Award $18K to Louisiana Woman to Buy First Home](https://thecreditunionconnection.com/federal-home-loan-bank-of-dallas-and-aneca-federal-credit-union-award-18k-to-louisiana-woman-to-buy-first-home/): Grant Provides Down Payment and Closing Cost Assistance As a plastic surgeon’s assistant, Lakesia Williams witnessed many life-changing transformations. Thanks to a Federal Home Loan Bank of Dallas (FHLB Dallas) grant that supports first-time homebuyers, she experienced one herself. An $18,000 Homebuyer Equity Leverage Partnership (HELP) grant from FHLB Dallas provided through ANECA Federal Credit Union (ANECA) helped Ms. Williams buy the Shreveport, Louisiana, home she had been renting for three years. HELP assists income-qualified, first-time homebuyers with up to $20,000 in down payment assistance and closing costs. “I haven’t been a homeowner for very long but it’s a great […] - [Andrews Federal Credit Union Partners with Blend To Implement an Omnichannel Deposit Account Opening Solution](https://thecreditunionconnection.com/andrews-federal-credit-union-partners-with-blend-to-implement-an-omnichannel-deposit-account-opening-solution/): Partnership to streamline member experience, reduce operational costs, and drive account conversions Blend (NYSE: BLND), a leading provider of digital banking solutions, today announced a new partnership with Andrews Federal Credit Union, the 4th largest credit union in Maryland with $2.6 billion in assets, to streamline the deposit account opening experience for their members. With 12 years of experience building leading origination solutions for financial institutions, including over half of the top 10 credit unions in the U.S. by asset size, Blend is uniquely positioned to meet Andrews Federal Credit Union’s membership growth goals. “We saw an opportunity to enhance […] - [Coastal Credit Union Foundation and Carolinas Credit Union Foundation Award Scholarship Funds to Eleven Students](https://thecreditunionconnection.com/coastal-credit-union-foundation-and-carolinas-credit-union-foundation-award-scholarship-funds-to-eleven-students/): The Coastal Credit Union Foundation, in partnership with Carolinas Credit Union Foundation, is proud to announce eleven recipients of the Credit Union Scholarship Program, totaling $33,000 awarded in scholarship funds. All scholarships are merit based, with three being larger amounts based on financial needs. The eleven scholarship recipients are: Kate Brewer, attending University of North Carolina at Chapel Hill Lauren Grey, attending University of North Carolina at Chapel Hill Payton Haag, attending University of Tennessee Elise Hill, attending High Point University Marques Kidd Jr., attending North Carolina Agricultural and Technical State University Macarthy Monteith, attending Gardner-Webb University Jose Perez-Hernandez , […] - [SchoolsFirst Federal Credit Union and Sacramento Republic FC Recognize Outstanding Teachers and School Employees at Matches Throughout the 2024 Season](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-and-sacramento-republic-fc-recognize-outstanding-teachers-and-school-employees-at-matches-throughout-the-2024-season/): From left: Indomitable Educator Award recipients Jessica Ibarra and Pam Sullivan // SchoolsFirst Federal Credit Union Specialist, School & Community Relations Julie DePrada-Schott SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced its sponsorship of monthly school employee recognitions at Sacramento Republic FC matches during the 2024 season. At each of seven matches, March through September, one teacher and one classified school employee from a local school district are honored for their exemplary work and dedication to creating an inspiring learning environment for students. Each school district represented […] - [Members ATM Alliance Announces Strategic Partnership  with CrossState Solutions](https://thecreditunionconnection.com/members-atm-alliance-announces-strategic-partnership-nbspwith-crossstate-solutions/): Members ATM Alliance (MAA) is excited to announce a new partnership with CrossState Solutions, marking a significant step forward in expanding its outreach and services to credit unions nationwide. This collaboration will enhance MAA\’s ability to connect with credit unions in Pennsylvania and New Jersey affiliated with CrossState, providing them with top-tier ATM and ITM services and solutions. Through this partnership, MAA will receive support from CrossState Solutions, which will help MAA effectively communicate its offerings and benefits to the association’s extensive network of credit unions. \”We are thrilled to partner with CrossState,\” expressed Kyle Fowler, Vice President of MAA. […] - [Financial Challenges Hit Harder for Widowed Women; Thrivent Survey Finds](https://thecreditunionconnection.com/financial-challenges-hit-harder-for-widowed-women-thrivent-survey-finds/): They have more debt, less savings and lower confidence in managing their finances. A new Thrivent survey reveals over half of widowed women experienced financial challenges after their spouse\’s passing, with 51% either living paycheck to paycheck or struggling to manage their bills. A lack of proactive financial planning could be to blame: 41% of the widowed women surveyed said they didn’t have any financial conversations or plans in place prior to their spouse passing away.  “Losing a spouse is one of the hardest things anyone can experience,” said Teresa Powell, Thrivent financial advisor. “Immediately after this terrible loss, many […] - [Treasury Secretary Janet L. Yellen to Announce New Housing Efforts as Part of Biden Administration Push to Lower Housing Costs](https://thecreditunionconnection.com/treasury-secretary-janet-l-yellen-to-announce-new-housing-efforts-as-part-of-biden-administration-push-to-lower-housing-costs/): In a speech in Minneapolis, Secretary Yellen is announcing new funding sources for housing production, urges further action by Congress, states, and localities Today, U.S. Secretary of the Treasury Janet L. Yellen is delivering remarks on housing policy and announcing new efforts by the Treasury Department using its existing authorities to increase the supply of housing, as part of the Biden Administration’s push to lower costs. In announcing these new initiatives, Secretary Yellen will note that “[G]iven the scale of the challenge, we must and will continue to do more.” The efforts Secretary Yellen is announcing include:  A new Treasury […] - [SDCCU Biz Kid$ Summer Series Helps Kids and Teens Learn About Money and Business](https://thecreditunionconnection.com/sdccu-biz-kid-summer-series-helps-kids-and-teens-learn-about-money-and-business/): Virtual SDCCU Biz Kid$ presentations will be held weekly on Wednesdays throughout July San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is hosting a virtual SDCCU Biz Kid$ Summer Series to help engage kids during summer break. The series of presentations provides fun and interactive ways to learn about money and business. Topics include: My First Credit Card, Crash Course on Starting a Business and Are You Financially Literate? These Biz Kid$ webinars will be held weekly on Wednesdays throughout the month of July. To register, visit sdccu.com/fww. “Financial education is a critical component […] - [Top 10 Credit Union, Mountain America Credit Union, Extends Partnership with Alkami Technology](https://thecreditunionconnection.com/top-10-credit-union-mountain-america-credit-union-extends-partnership-with-alkami-technology/): Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that Mountain America Credit Union (MACU), a top credit union based in Utah, has extended its partnership with Alkami for five more years continuing to leverage the TechFin\’s digital banking platform and Data & Marketing Solutions. Since originally partnering in 2017, Alkami has provided MACU\’s members with state-of-the-art digital banking solutions including digital banking and Data & Marketing Solutions, where MACU can access cleansed data to support their data-driven strategic decision making. This empowers MACU to gain the most […] - [Coastal Credit Union Foundation and Habitat for Humanity Unveil Latest Home in Chapel Hill](https://thecreditunionconnection.com/coastal-credit-union-foundation-and-habitat-for-humanity-unveil-latest-home-in-chapel-hill/): On June 29, the Coastal Credit Union Foundation and Habitat for Humanity of Orange County celebrated the nonprofit’s newest homebuyers in the Gattis Court community in Chapel Hill. Officials from the Town of Chapel Hill joined representatives from the foundation, Coastal Credit Union, Compass Center and Habitat for Humanity for the ceremony. The Gattis Court home and another in Durham were funded by $200,000 in grants from the foundation. Located in the Historic Northside Neighborhood, Gattis Court is in the heart of the community and within walking distance to the Hargraves Community Center. Construction began on these homes in 2022, […] - [North Island Credit Union Launches School Backpack Drive In Partnership with Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-launches-school-backpack-drive-in-partnership-with-boys-amp-girls-clubs-of-greater-san-diego/): Credit Union Branches Accepting Donations of New Backpacks for Elementary and Middle School Students North Island Credit Union has launched a school backpack drive to benefit local elementary and middle school students in partnership with the Boys & Girls Clubs of Greater San Diego. In the fourth year of the partnership, the organizations are working to help local students start the school year ready to learn. Through July 20, North Island Credit Union invites community members to make a difference in a student’s life by dropping off a school backpack to any branch location in San Diego County. A complete […] - [Texas Trust Credit Union Golden Gratitude GiveawayHonors Three Outstanding Teachers in North Texas](https://thecreditunionconnection.com/texas-trust-credit-union-golden-gratitude-giveawayhonors-three-outstanding-teachers-in-north-texas/): Jayson Wiles (right) with HEB ISD received his Golden Gratitude award from Kaitlin Lange at Texas Trust Credit Union. The Texas Trust Credit Union second annual Golden Gratitude Giveaway honored three exceptional teachers who are creating a pathway to brighter financial futures for their students. Tianta Harrison (right) Cedar Hill High School’s Assistant Theater Director was one of three educators to win two “Golden” tickets for a year of performances at the Texas Trust Credit Union Theatre in Grand Prairie in the Golden Gratitude Giveaway. The winners were selected from nominations made by educators, parents, and students. The Golden Gratitude […] - [Make Training Effective and Fun With Virtual Reality!](https://thecreditunionconnection.com/how-to-make-training-fun-with-virtual-reality/): Employee training is crucial for every credit union, particularly regarding member interactions. However, that doesn’t mean that the training itself has to be boring. Ent Credit Union has begun incorporating virtual reality into its training sessions and has found it to be more effective and enjoyable for their team members! The Credit Union Connection Co-founder Sarah Snell Cooke sat down with the Founder and CEO of Aequilibrium Adrian Moise, as well as Ent Credit Union’s VP of Learning and Cultural Enrichment Lori Benton and Director of Learning Innovation Marnie Gerkhardt to discuss their new virtual reality training program. They also […] - [CFPB and FHFA Release Updated Data from the National Survey of Mortgage Originations for Public Use](https://thecreditunionconnection.com/cfpb-and-fhfa-release-updated-data-from-the-national-survey-of-mortgage-originations-for-public-use/): New data provides details on appraisals, willingness to move, and disability accommodations The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data also provide updated mortgage performance and credit information for a nationally representative sample of mortgage borrowers from 2013 to 2021. Since 2014, FHFA and CFPB have sent quarterly surveys to borrowers who recently obtained mortgages. These surveys gather feedback on borrowers’ experiences during the mortgage process, their perceptions of the mortgage market, and their future expectations. […] - [Beeler, Willard Appointed to Credit Union House Board](https://thecreditunionconnection.com/beeler-willard-appointed-to-credit-union-house-board/): Two new board directors were recently appointed to the Credit Union House (CU House) board: Samantha Beeler, president of the League of Southeastern Credit Unions (LSCU) and Caroline Willard, president/CEO of the Cornerstone League. Their terms will expire at the next Credit Union House annual meeting in March 2025. “We deeply appreciate Caroline and Samantha’s commitment to serve on the Credit Union House Board,” said CU House Board Chair and GoWest President/CEO Troy Stang. “They join us at an exciting time as we reimagine how this space tells our story in the new public policy environment. This Board will help […] - [Reliant Credit Union Celebrates First Anniversary of Farmington Branch](https://thecreditunionconnection.com/reliant-credit-union-celebrates-first-anniversary-of-farmington-branch/): Reliant Credit Union is celebrating the first anniversary of its Farmington branch. This milestone marks a year of growth and community engagement. To celebrate, Reliant will offer exclusive specials throughout the month of July at the Farmington location and will host a new book donation drive for Budding Readers in Farmington. Budding Readers is a local organization that supports early childhood literacy by providing books to young readers in Ontario County. “We are incredibly proud of our first year in Farmington and grateful for the warm welcome we have received from the community,” said Marcy Mitchell, Reliant’s Farmington Branch Manager. […] - [Firemen’s Federal voted Best Credit Union](https://thecreditunionconnection.com/firemens-federal-voted-best-credit-union/): New Orleans Firemen’s Federal Credit Union is proud to be recognized as the Best Credit Union Top Winner and Best Mortgage Company in the New Orleans CityBusiness 2024 Reader Ranking Awards. The Reader Ranking Awards recognize outstanding businesses across a range of industries in the Metropolitan Orleans area. Results are driven by readers who nominate and vote for their top businesses. “We are incredibly honored to be named the top credit union in our region for the fourth consecutive year,” said Firemen’s Federal CEO Judy DeLucca. “This accolade highlights our unwavering commitment to the philosophy of ‘people helping all people.’ […] - [Financial Plus Credit Union Partners with  Sparrow to Revolutionize Trade School and  College Funding](https://thecreditunionconnection.com/financial-plus-credit-union-partners-withnbsp-sparrow-to-revolutionize-trade-school-andnbsp-college-funding/): FPCU Embraces Innovation to Support Michigan\’s Future Workforce and Education  In an exciting leap forward for educational finance, Financial Plus Credit Union (FPCU) is  thrilled to announce a dynamic partnership with Sparrow, a trailblazer in financial technology aimed at  transforming the way credit unions serve the evolving needs of their communities. This partnership is  set to revolutionize the student loan experience for Michigan\’s trade school and college students,  embodying FPCU\’s commitment to enriching the financial well-being of its members.  Through this partnership, FPCU is now proud to facilitate funding for over 88 trade schools, 30  community colleges, and 61 four-year […] - [Iowa Credit Union League’s holding company, AMC, and FinMkt Launch “CU DigiLend” as Point of Sale Technology Solution for Credit Unions](https://thecreditunionconnection.com/iowa-credit-union-leagues-holding-company-amc-and-finmkt-launch-cu-digilend-as-point-of-sale-technology-solution-for-credit-unions/): Affiliates Management Company (AMC) and FinMkt have announced a new partnership and the launch of CU DigiLend, a next-generation lending and point-of-sale financing technology for credit unions.  CU DigiLend will enable credit unions nationwide to overcome dependencies on core technologies that can impede modernization. This patented technology will help credit unions compete with the banks and FinTech\’s doing business in their communities with sophisticated, patented technology to deploy more capital, provide members with lower-rate financing, and enhance merchant services.  As the Iowa Credit Union League’s holding company, AMC has a shared mission to improve the financial lives of consumers. Through […] - [Pinwheel and Narmi Partner to Unlock Deposit Switching](https://thecreditunionconnection.com/pinwheel-and-narmi-partner-to-unlock-deposit-switching/): Financial institutions and fintechs building on Narmi can now easily introduce frictionless direct deposit switching to their account opening journey with Pinwheel Prime. Pinwheel, the fintech helping financial institutions win primacy with frictionless account activation, today announced a partnership with Narmi, a leading provider of digital banking solutions for financial institutions. Narmi\’s customers can now access Pinwheel\’s suite of digital account activation solutions, including Pinwheel Prime, which is designed to win and deepen customer primacy for banks and credit unions. Pinwheel Prime is the industry\’s only direct deposit switching solution with 100% coverage of the US workforce, making it possible […] - [Elder Fraud Prevention Advocate Janine Williamson Issues Statement as HB 692 \"Larry\'s Law\" Takes Effect in Virginia](https://thecreditunionconnection.com/elder-fraud-prevention-advocate-janine-williamson-issues-statement-as-hb-692-larrys-law-takes-effect-in-virginia/): House Bill 692, or \”Larry\’s Law,\” took effect today in Virginia. Larry\’s Law lays the groundwork for financial institutions to train their employees to identify potential financial exploitation of senior citizens, report it to the authorities, and notify a senior\’s trusted contacts of such exploitation. The law also directs the Bureau of Financial Institutions of the Virginia State Corporation Commission to establish training guidelines for detecting and preventing elder financial fraud by 2026. HB 692 is known as \”Larry\’s Law\” to honor the late Larry Cook of Herndon, Va., a retired Navy commander who lost millions of dollars in a […] - [United Federal Credit Union Named to 2024 Top 100 Inspiring Workplaces in North America List](https://thecreditunionconnection.com/united-federal-credit-union-named-to-2024-top-100-inspiring-workplaces-in-north-america-list/): United Federal Credit Union (United) has been named one of the 2024 Top 100 Workplaces in North America by Inspiring Workplaces Group. The Inspiring Workplaces Awards honor organizations that excel in fostering a positive work environment through exceptional leadership, wellbeing initiatives, inclusivity, and a strong sense of purpose. Judges rank organizations on six key elements, including: culture and purpose, leadership, wellbeing, inclusion, employee voice, and employee experience. United has the distinction of being the only credit union selected, and one of only four financial institutions. “I am truly proud of Team United for earning such high praise and recognition,” said […] - [Illinois Credit Union System Announces Leadership Transition: Tom Kane to Retire, Libby Calderone Named Successor](https://thecreditunionconnection.com/illinois-credit-union-system-announces-leadership-transition-tom-kane-to-retire-libby-calderone-named-successor/): The Boards of Directors of the Illinois Credit Union League (ICUL) and the ICUL Service Corporation (Envisant) jointly announced today a planned leadership transition, marking a new chapter for the organization. Effective December 31, 2024, Tom Kane will retire from the position of Chief Executive Officer. The Boards of Directors are pleased to also announce the selection of Libby Calderone, currently Envisant’s President & Chief Operating Officer, to lead the Illinois Credit Union League and Envisant as President & Chief Executive Officer effective January 1, 2025. “Today’s leadership announcement is the culmination of a successful planning process the Boards, Tom, […] - [PenFed Credit Union Promotes Shree Reddy to Chief Information Officer, Executive Vice President](https://thecreditunionconnection.com/penfed-credit-union-promotes-shree-reddy-to-chief-information-officer-executive-vice-president/): Successful Leader Brings Decades of Experience to PenFed\’s Leadership Team PenFed Credit Union, the nation\’s second largest federal credit union, is pleased to announce of promotion of Shree Reddy to Chief Information Officer and Executive Vice President. Reddy joins the executive management team and is responsible for technology infrastructure and operations, application delivery and technology risk. \”It again gives me great pleasure to promote from within PenFed to best support our mission and serve our nearly 3 million members,\” said PenFed President and CEO James Schenck. \”Shree brings a wealth of experience in technology and will have a positive impact […] - [Jeanne D’Arc Credit Union Selects Larissa Thurston as Chief Executive Officer](https://thecreditunionconnection.com/jeanne-darc-credit-union-selects-larissa-thurston-as-chief-executive-officer/): Jeanne D’Arc Credit Union (JDCU) has selected Larissa Thurston as its new Chief Executive Officer. She will succeed the current CEO, Mark Cochran, after his planned retirement at the end of the summer. “We are delighted to announce that Larissa Thurston will join JDCU as our next President and CEO,” says Naomi Prendergast, Board Chair. “Larissa’s extensive experience as both a credit union CEO and CFO, coupled with the talents of our existing executive team, will continue and expand upon JDCU’s standing as a mission-focused community financial partner. Our Board is incredibly grateful to Mark Cochran, our outgoing President and […] - [Georgia United Credit Union dedicates new Atlanta branch with ribbon cutting ceremony](https://thecreditunionconnection.com/georgia-united-credit-union-dedicates-new-atlanta-branch-with-ribbon-cutting-ceremony/): With the snip of oversized scissors, Georgia United Credit Union officially marked a new chapter of serving members in downtown Atlanta with its new branch on Marietta Street. Georgia United CEO Debbie Smith, President Laura King and other executives, board of directors, leaders and team members were joined by Central Atlanta Progress President A.J. Robinson to celebrate and commemorate the relocation of the credit union’s former Whitehall Street branch to the heart of Atlanta’s convention, sports and entertainment district. “We are so excited to be here – it feels like family, community and home,” said Georgia United Chief Experience Officer […] - [Patty Corkery Begins Tenure as Joint CEO of MCUL and CUSG](https://thecreditunionconnection.com/patty-corkery-begins-tenure-as-joint-ceo-of-mcul-and-cusg/): As of today, July 1, 2024, Patty Corkery will begin her tenure as joint CEO of the Michigan Credit Union League (MCUL) and Michigan CUSO, CUSG. Corkery, who has served as Michigan Credit Union League CEO and CUSG Board Member since 2021, succeeds Dave Adams. Adams enters retirement after 27 years as CEO of CUSG, 24 of which he also led MCUL under a joint management structure. In addition to her 25 years of credit union industry experience as an attorney with Holzman Corkery (now Holzman Law) and with MCUL, Corkery serves as Chairwoman of League InfoSight, and as board […] - [Damn Lies and Statistics: NCUA Is Blurring Lines Between Oversight and Policy Advocacy](https://thecreditunionconnection.com/damn-lies-and-statistics-ncua-is-blurring-lines-between-oversight-and-policy-advocacy/): And needlessly picking fights with the industry By Henry Meier, Esq., The Law Office Of Henry Meier NCUA’s announcement that it would be disclosing overdraft fees charged at larger credit unions is causing quite a stir, and rightfully so. First, the data dump without context for this information, which occurred on June 5, was hardly useful. All credit unions of more than $1 billion in assets charged more than $900 million in overdraft fees. Without context, that number could be enormous, or it could be nothing. In reality, the overdraft and Not Sufficient Fund fees accounted for just 3.4% of […] - [5 questions to ask yourself when building your personal brand](https://thecreditunionconnection.com/5-questions-to-ask-yourself-when-building-your-personal-brand/): Early in my career, I didn’t know I had a personal brand. Didn’t know they existed. I was raised to work your ass off until you were better than you were yesterday. And I was raised to believe that your work would stand for itself. Now I know that’s BS. - [10 U.S. Credit Union Peers Participate in Credit Union Immersion Journey Across Peru and Ecuador](https://thecreditunionconnection.com/10-us-credit-union-peers-participate-in-credit-union-immersion-journey-across-peru-and-ecuador/): The USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Program (EIP), in partnership with the Worldwide Foundation for Credit Unions (WFCU), this month hosted 10 representatives from the United States credit union system for a two-week study tour to experience firsthand how EIP connects Venezuelan migrants in Ecuador and Peru to financial inclusion through credit unions.  Funded by USAID and implemented by WOCCU, the EIP program is an ambitious and innovative approach aimed at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities in the target cities of Lima, Peru, and Quito and […] - [Firemen’s Federal Named Top Workplace](https://thecreditunionconnection.com/firemens-federal-named-top-workplace/): New Orleans Firemen’s Federal Credit Union is thrilled to announce its recognition as a Top Workplace by The Times-Picayune and The New Orleans Advocate. This esteemed accolade highlights exceptional employers in the New Orleans area, determined through employee engagement surveys that assess workplace culture and performance. “We are deeply humbled to be recognized once again as a top workplace in the New Orleans area,” said Judy DeLucca, CEO of Firemen’s Federal. “This honor is a testament to the incredible efforts of our team who support each other across all departments every single day. We are united by our mission to […] - [League of Southeastern Credit Unions Presents Awards and 3 Credit Unions Announce Promotions](https://thecreditunionconnection.com/league-of-southeastern-credit-unions-presents-awards-and-3-credit-unions-announce-promotions/): The League of Southeastern Credit Unions & Affiliates presented awards and announced their new Board of Directors, and a few credit unions including GTE Financial and Reliant Credit Union announced promotions. New Hires Corridor Platforms has named three new vice presidents to its executive sales team; Bjoern Nordmann, Chad Schilling and John Mangan. Each has significant industry knowledge and expertise in working with both credit unions and banks of all sizes. Nordmann and Schilling will concentrate on mid-market banks and credit unions, while Mangan will focus on the mid-market as well as tier one institutions. Recognitions On Thursday, June 13, […] - [People’s Credit Union Donates $1,000 to Aquidneck Community Table Selected by Employees Through ‘Catalyst for a Cause’ Program](https://thecreditunionconnection.com/peoples-credit-union-donates-1000-to-aquidneck-community-table-selected-by-employees-through-catalyst-for-a-cause-program/): People’s Credit Union Head of Community Development, Courtney Hunter, recently presented a check for $1,000 to Rose Jones, Executive Director of Aquidneck Community Table, to support their mission of growing a healthy local food system for everyone on Aquidneck Island. The organization was selected through People’s Catalyst for a Cause program, where contributing employees quarterly honor a deserving recipient with the proceeds from their donations. \”The team at Aquidneck Community Table works tirelessly to nourish our community by growing and distributing foods through community gardens and farmers\’ markets, and developing programs that inspire young people to love healthy foods,\” stated […] - [FORBES RANKS HAWAII CENTRAL FEDERAL CREDIT UNION AS BEST-IN-STATE, SECOND YEAR IN A ROW](https://thecreditunionconnection.com/forbes-ranks-hawaii-central-federal-credit-union-as-best-in-state-second-year-in-a-row/): Making the FORBES Best-in-State list for the second year in a row, Hawaii Central Federal Credit Union, with less than 40 employees, challenges the Goliaths of the industry and packs a big punch when it comes to member service. FORBES partnered with Statista to perform an independent survey of approximately 26,000 consumers to rate financial institutions in terms of Trust, Terms & Conditions, Branch Services, Digital Services, Customer Services, and Financial Advice. Rankings also took online reviews and ratings into account. - [TOUCHDOWNS AND TRIUMPHS: ROCK HILL FOOTBALL CAMP UPLIFTS COMMUNITY](https://thecreditunionconnection.com/touchdowns-and-triumphs-rock-hill-football-camp-uplifts-community/): Family Trust Federal Credit Union, alongside The Community Partnership Foundation, kicked off the summer with the first annual Football C.A.M.P. – a community advancement mentorship program in collaboration with former Buffalo Bills player, Jonathan Meeks. While the program, hosted at Rock Hill High School, included individualized coaching and training, it also highlighted mental health and financial literacy, teaching not only football techniques, but critical life skills. The C.A.M.P. further connected the Rock Hill community; while the program was originally marketed as $125 per participant, it was ultimately offered for free thanks to contributions from local businesses and community members. “Our […] - [Former Alliant Credit Union Executive Neeru Arora named Mazda CIO ](https://thecreditunionconnection.com/former-alliant-credit-union-executive-neeru-arora-named-mazda-cionbsp/): Accomplished executive will drive innovation and shape the company\’s digital roadmap Mazda North American Operations (MNAO) today announced Neeru Arora, a results-driven leader with over three decades of experience, has been named MNAO\’s senior vice president, chief information officer, effective July 8, 2024.  In this role, Arora will lead MNAO\’s IT and digital transformation efforts to further fuel the company\’s growth plans and prepare to capitalize on emerging market trends. She\’ll be responsible for establishing a robust strategy with advanced analytics to ensure governance and compliance, while protecting from cyber threats. Arora will report directly into Tom Donnelly, president and […] - [Velera Introduces Innovative Onboarding and Project Management Platform](https://thecreditunionconnection.com/velera-introduces-innovative-onboarding-and-project-management-platform/): Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced it has launched an innovative new onboarding and project management platform. Powered by ServiceNow, the first-of-its kind platform in the payments space is a true differentiator. Credit unions will benefit from the improved transparency and enhanced collaboration provided by this engagement tool – all while laying the groundwork for future generative AI integration. Located within Velera’s Service Portal, the new Project Management Page is a 24/7, self-service offering that provides credit unions the ability to access […] - [NUMERICA WINS ‘CHAMPION OF DIVERSITY’ AWARD](https://thecreditunionconnection.com/numerica-wins-champion-of-diversity-award/): Numerica Credit Union was named the 2024 Champion of Diversity Wednesday at the Tri-Cities Diversity Summit. The event was hosted by the Tri-City Regional Chamber of Commerce. Numerica was recognized for exemplifying diversity and inclusion in three areas: organizational culture, products and services, and community outreach. Examples included the credit union’s diverse leadership team and products designed to help underserved community members build credit. In addition, Numerica invested more than $1 million in 2023 to organizations that uplift children and families.  “At Numerica, we believe that diversity builds stronger foundations that allow every team member to succeed,” said Andy Stirling, […] - [Cognizant Partners with Texas Dow Employees Credit Union to Boost its ‘Run The Business’ Transformation Efforts](https://thecreditunionconnection.com/cognizant-partners-with-texas-dow-employees-credit-union-to-boost-its-run-the-business-transformation-efforts/): Cognizant will provide infrastructure, data, and testing services to support the credit union\’s transformation for the next five years. Cognizant (NASDAQ: CTSH) announced today a new agreement with Texas Dow Employees Credit Union (TDECU), the largest credit union in Houston and the fourth largest in Texas, to accelerate its ‘run the business’ transformation journey. Cognizant, a global leader in digital transformation, will be leveraging its Neuro® IT Operations platform, an AI-driven automation solution, to transform TDECU\’s enterprise infrastructure and technology, enhance the credit union\’s operational efficiency and resilience and achieve cost savings over the next five years. \”TDECU is on a […] - [University Credit Union Celebrates 2024 UCLA Staff Assembly Scholarship Awards](https://thecreditunionconnection.com/university-credit-union-celebrates-2024-ucla-staff-assembly-scholarship-awards/): University Credit Union (UCU), a purpose-driven financial cooperative founded on UCLA campus in 1951 by university employees, is proud to announce its support for 30 scholarship recipients of the 2024 Staff Assembly Scholarships & Awards Program through the Staff Assembly Financial Endowment (SAFE) Scholarship Fund. UCU has supported 252 staff scholarships since 2017. Founded in Royce Hall by UCLA employees, UCU has a long-standing commitment to giving back to the university that fostered its creation. This dedication to the UCLA community is woven into the very fabric of UCU\’s mission and core values, which prioritize providing a financial advantage to […] - [Mountain America Credit Union Awards $300,000 in Elevate Scholarships to 120 Students](https://thecreditunionconnection.com/mountain-america-credit-union-awards-300000-in-elevate-scholarships-to-120-students/): Mountain America Credit Union, through the Mountain America Foundation, recently awarded 120 students with $2,500 Elevate Scholarships totaling $300,000. The scholarships were awarded to students from 79 high schools across the credit union’s six-state footprint and aim to support academic dreams by providing greater access to higher education. “Education plays a pivotal role in preparing people for a successful future. We applaud these students and their continued pursuit of higher education,” said Sterling Nielsen, president and CEO of Mountain America Credit Union. “We commit daily to making a positive impact on our members’ lives and in our communities. This exemplifies […] - [As Consumers’ Monthly Debt Loads Increase, Auto Lenders Must Adapt to Manage Risk, Increase Originations](https://thecreditunionconnection.com/as-consumers-monthly-debt-loads-increase-auto-lenders-must-adaptnbspto-manage-risk-increase-originations/): A new TransUnion (NYSE: TRU) study released today found that consumer affordability challenges and tighter lending restraints are impacting new vehicle originations across the auto industry. The study, Originating Auto Loans With Confidence, explored trends in auto originations, consumer savings, debt burdens and credit scores in the pandemic era, as well as in the years before and after. The study also looked at consumer performance in the auto market, particularly at a time when overall consumer performance is beginning to see some measure of deterioration. In addition, the study explored potentially valuable credit models that may offer lenders an opportunity […] - [PenFed Foundation\'s Veteran Entrepreneur Program Announces June 2024 Cohort and Opens Applications for September Cohort](https://thecreditunionconnection.com/penfed-foundations-veteran-entrepreneur-program-announces-june-2024-cohort-and-opens-applications-for-september-cohort/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, is proud to continue supporting veteran-owned businesses with the announcement of the Veteran Entrepreneur Program June 2024 cohort. For the first time, the accelerator program for veteran-owned businesses is taking place in Bentonville, Arkansas. Veteran and military-spouse owned and led companies who are interested in the next cohort, scheduled for September 24, are encouraged to apply here and can hear testimony from veteran entrepreneurs currently in the program here. The six-week program brings veteran-owned companies from across the country together to participate in networking events, roundtables and mentorship opportunities. Seminars […] - [Corridor Platforms Appoints Three Vice Presidents to Executive Sales Team](https://thecreditunionconnection.com/corridor-platforms-appoints-three-vice-presidents-to-executive-sales-team/): Financial industry veterans join pioneering force in financial decision-making technology Corridor Platforms, a leading decision workflow governance and automation software designed by industry veterans to rapidly transform risk and marketing, has named three new vice presidents to its executive sales team; Bjoern Nordmann, Chad Schilling and John Mangan. Each has significant industry knowledge and expertise in working with both credit unions and banks of all sizes. Nordmann and Schilling will concentrate on mid-market banks and credit unions, while Mangan will focus on the mid-market as well as tier one institutions. Aditya Khandekar, Chief Revenue Officer, Corridor Platforms, said, “As a whole, […] - [OneAZ Credit Union Forges Partnership with Clutch](https://thecreditunionconnection.com/oneaz-credit-union-forges-partnership-with-clutch/): Clutch Delivers Pioneering Digital Transformation Technology to Enhance the Consumer Lending Experience OneAZ Credit Union, the leading trailblazer for innovation in Arizona’s credit union sector, is revolutionizing the online consumer lending experience through a strategic partnership with Clutch. With Clutch’s cutting-edge technology fully integrated into our user interface, OneAZ is streamlining the lending experience for our members by providing a simplified application and pre-qualification portal. Applicants will have access to a personalized dashboard that delivers up-to-the-minute pre-qualifications for OneAZ’s suite of consumer lending products. This holistic lending experience makes applying for a new loan easier and will give applicants more […] - [University of Central Florida Names Addition Financial Credit Union as a Pegasus Partner](https://thecreditunionconnection.com/university-of-central-florida-names-addition-financial-credit-union-as-a-pegasus-partner/): Addition Financial Becomes First Financial Institution to Receive Designation for Longtime Philanthropic Support The University of Central Florida announced this week Addition Financial Credit Union is the first financial institution to be recognized as a Pegasus Partner. Addition Financial joins AdventHealth, Orlando Health and Nemours Children’s Health as organizations that share the university’s vision and commitment to continuing to lead the region in key industries such as aerospace, engineering, defense, optics, digital media, finance and healthcare. Pegasus Partners engage across the university in ways that create meaningful value for both organizations, including talent development and recruitment, shared research projects, joint ventures and strategic philanthropy. “We […] - [UMassFive Helps Award $4,000 in Scholarships](https://thecreditunionconnection.com/umassfive-helps-award-4000-in-scholarships-1/): UMassFive College Federal Credit Union (UMassFive) is excited to announce that two high school seniors, Clarice Borges and Miguel Pinero-Jacome, were each awarded a $2,000 scholarship on behalf of the Credit Union by the Massachusetts Pioneer Valley Chapter of Credit Unions. Applicants receive scholarships based on academic achievements, community involvement, and a written essay. Both awardees had the highest level of academic achievement of all applicants.   Clarice Borges, a Dexter Southfield School graduate, was a council representative and the senior captain of the varsity basketball team. Basketball was a major extracurricular focus for Clarice, including playing for the Brazilian […] - [SchoolsFirst Federal Credit Union Team Raises $56,390 for CHOC Walk in the Park 2024](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-team-raises-56390-for-choc-walk-in-the-park-2024/): Annual fundraiser supports Children’s Health of Orange County in its mission to build healthy futures for children SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, today announced that its team raised more than $56,390 for Children’s Health of Orange County (CHOC) during CHOC Walk in the Park 2024. This marks the third year in a row as the highest fundraising corporate team at CHOC Walk.   Each year, the walk helps CHOC raise essential funds that support children and their families receiving care from CHOC. The fundraiser featured a 5K walk held at Disneyland […] - [San Diego County Credit Union Voted BEST Credit Union in the San Diego’s BEST Union-Tribune Readers Poll for 25th Consecutive Year](https://thecreditunionconnection.com/san-diego-county-credit-union-voted-best-credit-union-in-the-san-diegos-best-union-tribune-readers-poll-for-25th-consecutive-year/): SDCCU also voted BEST Auto Loan Provider, Financial Planner, Mortgage Provider and Place to Work San Diego County Credit Union® (SDCCU®), San Diego’s largest locally-owned financial institution, has been named San Diego’s BEST Credit Union for the 25th consecutive year by readers of The San Diego Union-Tribune. SDCCU also was selected in the 2024 Readers Poll as San Diego’s BEST Financial Planner and BEST Mortgage Provider for the fifteenth year in a row and BEST Auto Loan Provider and BEST Place to Work for the eleventh year. “SDCCU is truly humbled to be recognized as BEST Credit Union in the […] - [Addition Financial Credit Union Launches New Digital Banking Experience with Lumin Digital](https://thecreditunionconnection.com/addition-financial-credit-union-launches-new-digital-banking-experience-with-lumin-digital/): Addition Financial Credit Union is excited to announce the launch of their new innovative, state-of-the-art digital banking platform in partnership with Lumin Digital. With the new digital banking experience, Addition Financial will provide members with powerful financial tools, a more user-friendly website and mobile app, and enhanced cutting-edge security features. The versatile digital solution also delivers personalized recommendations regarding spending insights and savings goals, as well as a dedicated experience for business members. \”Addition Financial is thrilled to bring this new digital banking experience online that is designed with member experience at its core,\” said Kevin Miller, President and CEO of […] - [PenFed Foundation Provides NextOp with Grant to Support Veteran Employment Program Expansion](https://thecreditunionconnection.com/penfed-foundation-provides-nextop-with-grant-to-support-veteran-employment-program-expansion/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announced today that it is providing NextOp, a non-profit organization engineered to meet the unprecedented employment challenges and opportunities facing military members and veterans today, with a grant to expand its veteran employment program. The PenFed Foundation is a national nonprofit that exists to empower veterans as they transition from military service to success in civilian life. It was created in 2001 and, since then, has provided more than $55 million in financial support to veterans, active-duty service members, families, and caregivers. \”The PenFed Foundation is proud to partner […] - [WOCCU to Boost Credit Union Business Lending in Ukraine Through $10 Million USAID GROW Project](https://thecreditunionconnection.com/woccu-to-boost-credit-union-business-lending-in-ukraine-through-10-million-usaid-grow-project/): Four-year initiative also seeks to improve enabling environment for credit union operations World Council of Credit Unions (WOCCU) will continue its work to strengthen credit unions in Ukraine by helping them provide more business lending through the new GROW Project, a four-year, $10 million initiative funded by the U.S. Agency for International Development (USAID). The GROW Project will work to assist more small farmers like Nadiya, who received a credit union loan through the USAID/WOCCU CAP Project The GROW Project (2024-2028) will expand access to finance through credit unions for individuals seeking to start a busines, and for existing legal […] - [Jeff Margeson Joins State Department Federal Credit Union As Chief Retail Officer](https://thecreditunionconnection.com/jeff-margeson-joins-state-department-federal-credit-union-as-chief-retail-officer/): State Department Federal Credit Union (SDFCU) is pleased to announce Jeff Margeson as its new Chief Retail Officer. Jeff joins SDFCU from Northwest Federal Credit Union, where he served as Senior Vice President of Member Experience. With over 25 years of strategic leadership in the financial services industry, Jeff brings a wealth of knowledge and expertise to his new role at SDFCU. Throughout his career, he has demonstrated a strong commitment towards enhancing organizational value propositions and promoting operational and service excellence. His passion for progression and increasing consumer confidence and brand loyalty have allowed him to produce and lead […] - [Education Foundation for California Schools Raises an Estimated $160,000 During Annual Golf Tournament Fundraiser](https://thecreditunionconnection.com/education-foundation-for-california-schools-raises-an-estimated-160000-during-annual-golf-tournament-fundraiser/): Annual event raises funds to support grants for impactful educational programs throughout the state The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education in 2003, today announced that its annual golf tournament fundraising event raised an estimated $160,000. The event was held June 24 at the Newport Beach Country Club in Newport Beach. The funds raised will support grants used to launch educational programs in classrooms throughout California. The Education Foundation for California Schools provides financial assistance to teachers in California public and private schools through grants […] - [Educators Credit Union Launches BNPL, First in Wisconsin](https://thecreditunionconnection.com/educators-credit-union-launches-bnpl-first-in-wisconsin/): Educators Credit Union, a credit union with over $3.3 billion in assets and serving over 230,000 members in Wisconsin, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. Educators Credit Union has selected equipifi to power its BNPL solution and is the first credit union to make BNPL available in Wisconsin. With this launch, Educators Credit Union will extend personalized BNPL offers to members on eligible debit card transactions. Members will be able to view and accept pre-qualified BNPL offers in Educators Credit Union\’s digital banking experience. \”As a member-focused credit union, […] - [4 Stories of Credit Unions Making a Difference for Members](https://thecreditunionconnection.com/4-stories-of-credit-unions-making-a-difference-for-members/): As people continue to face challenges, make changes in their lives, and expand their horizons, credit unions continue to support members with whatever financial needs come their way. While most members go to their credit union for their regular, everyday banking needs, there are times when credit unions and the services they provide have made a tremendous impact on people’s lives and the community. Here are some of those stories from our credit unions. Greenville Heritage Federal Credit Union A 29-year-old single mother with four children went through a separation due to domestic violence. When they separated, her soon-to-be ex-husband […] - [UCCU Selects Justin Olson as New President/CEO](https://thecreditunionconnection.com/uccu-selects-justin-olson-as-new-presidentceo/): Utah Community Credit Union (UCCU) has selected Justin S. Olson as its next President/CEO. Olson will assume his new role the last week of July, succeeding Bret VanAusdal, who is retiring after leading the credit union for over six years and dedicating 28 years of service to UCCU. “I’m thrilled to lead UCCU into the future as we set the stage for continued growth and expansion,” says Olson. “Through executing the credit union’s strategic plan, I believe UCCU can help even more members reach their financial goals while making a meaningful impact on the lives of the people and communities […] - [Navy Federal Positioned as a Case Study for Service Management ](https://thecreditunionconnection.com/navy-federal-positioned-as-a-case-study-for-service-managementnbsp/): Offers service management professionals access to the knowledge, trends, frameworks, solutions and connections driving the industry forward HDI today unveils the 2024 Service Management World conference program. The event takes place November 17-21, 2024 at the Loews Sapphire Falls Resort in Orlando, FL. Register here. Cindee Stott, Events Director, HDI said, “We believe that an optimized service management organization can be a catalyst for transforming culture and driving improved financial performance. Service Management World offers a mix of education, exploration of new technologies and networking with peers to help service management professionals shape the future of the industry.” The Conference […] - [Tenet Energy Proves Out Lender Network with Service Credit Union to Drive EV Adoption](https://thecreditunionconnection.com/tenet-energy-proves-out-lender-network-with-service-credit-union-to-drive-ev-adoption-1/): Service Credit Union and Tenet Energy Inc. partner for seamless electric vehicle financing and a reliable source of new member growth Tenet Energy Inc. (“Tenet”) has partnered with Service Credit Union (“Service CU”) to provide more affordable options to accelerate the adoption of electric vehicles with promising results thus far. The partnership gives Service Credit Union the ability to accelerate new member growth with Tenet’s EV purchase and financing platform. Service CU receives vetted and high-intent EV auto loans, funded or ready to fund, from Tenet’s EV-specific acquisition channels and streamlined, 100% digital origination experience. This modern auto initiative provides […] - [UFirst Credit Union Demonstrates Commitment to Community Impact Through Cultural and Financial Initiatives](https://thecreditunionconnection.com/ufirst-credit-union-demonstrates-commitment-to-community-impact-through-cultural-and-financial-initiatives/): UFirst Credit Union\’s recent initiatives in May and June highlight its dedication to community impact through cultural diversity and financial education events. UFirst Credit Union’s recent community engagement initiatives showcase its steadfast commitment to making a positive impact on the community. In May and June, UFirst hosted and participated in events that exemplified its dedication to fostering cultural diversity and providing essential financial education to the community. In May, UFirst organized a vibrant Cinco De Mayo event at their Financial Center in West Jordan, attracting over five hundred attendees and featuring seventeen small business vendors to highlight their growing brands. […] - [Credit Unions Announce New Hires and WOCCU Presents Awards at World Credit Union Conference](https://thecreditunionconnection.com/credit-unions-announce-new-hires-and-woccu-presents-awards-at-world-credit-union-conference/): A few credit unions including Robins Financial Credit Union and People’s Credit Union announced new hires to their teams, and the World Council of Credit Unions presented awards for digital growth and distinguished service to credit union organizations and individuals at its Annual General Meeting held during this year’s World Credit Union Conference. New Hires First Community Trust, N.A. (FCT) is pleased to announce the appointment of Sheldon Reynolds as its new Executive Vice President, Managing Director. Reynolds will oversee and lead the growth of FCT’s institutional division, including selling, managing and retaining relationships with financial institutions and clients, as […] - [TDECU Breaks Ground on New Member Center in Port Lavaca](https://thecreditunionconnection.com/tdecu-breaks-ground-on-new-member-center-in-port-lavaca/): Pictured (L to R): Josh Brian, SVP Gulf Market President; Rachel Morgenroth, Port Lavaca Member Center Manager; Erika Plummer, VP of Retail; Isaac Johnson, TDECU President and CEO; Kim Hairell, Retail Market Director TDECU, Houston’s largest credit union, demonstrated its commitment to expanding its presence to better serve its Members with the groundbreaking of a new Member Center in Port Lavaca on July 23, 2024. The not-for-profit’s current Member Center is the third-busiest in TDECU’s west market but also one of the smallest. The new Member Center, located at 119 State Highway 35 South, will feature a 2,533-square-foot financial center, […] - [ACUM Announces 2024 HERSTORY Inductees](https://thecreditunionconnection.com/acum-announces-2024-herstory-inductees/): America\’s Credit Union Museum (ACUM) is pleased to announce the 2024 inductees to their exhibit \”Credit Union Women Making History: Herstory.\” Due to the overwhelming response and support of the Herstory initiative in 2022, the Museum established an annual recognition program to identify and celebrate outstanding women of the movement. Thanks to generous sponsors, Cooperative Credit Union Association, the Illinois Credit Union League/Envisant, and Velera, Herstory continues honoring the past, present, and future of incredible women making history, showcasing women\’s stories never heard before. The additions to the Herstory exhibit this year will be: Donna Bland, President/CEO, Golden 1 Credit […] - [Addition Financial Credit Union Partners with Orange Technical College to Provide Support, Financial Education](https://thecreditunionconnection.com/addition-financial-credit-union-partners-with-orange-technical-college-to-provide-support-financial-education/): Addition Financial Credit Union announced a new partnership with Orange Technical College, Central Florida’s premier technical education provider, supporting the school’s Career and Technical Education (CTE) programs. The collaboration deepens Addition Financial’s long relationship with Orange County Public Schools as the school’s preferred credit union and bolsters their commitment to supporting education and fostering community growth. As part of this partnership, Addition Financial will support students enrolled in career-focused tracks, including manufacturing/automotive, nursing/healthcare, and beauty/esthetician programs. The credit union will provide comprehensive financial education workshops designed to equip students with the knowledge and skills necessary to manage their finances effectively […] - [Robins Financial Credit Union Donates $5,000 to Local Fire Department](https://thecreditunionconnection.com/robins-financial-credit-union-donates-5000-to-local-fire-department/): Fire fighters from Bleckley County Fire Department stand with donated lifesaving training equipment Robins Financial Credit Union recently donated $5,000 to the Bleckley County Fire Department for the purchase of training equipment for lifesaving classes taught by the volunteer firefighters. “One of the ways we live out our mission to be Member Focused, Financial Partners, Community Proud is by supporting initiatives that promote health and safety within our communities,” said Hillary Bobbitt, Marketing Programs Coordinator at Robins Financial Credit Union. “We are honored to partner with the Bleckley County Fire Department to empower individuals with the knowledge and skills they […] - [FMFCU FOUNDATION DONATES FOOD AND FUNDS TO FOOD BANKS ACROSS THE PHILADELPHIA REGION](https://thecreditunionconnection.com/fmfcu-foundation-donates-food-and-funds-to-food-banks-across-the-philadelphia-region/): Food banks across the region face their greatest need for donations during the summertime. This June, FMFCU Foundation donated food and funds to 20 local organizations fighting food insecurity. The Foundation’s Food Insecurity Fund, which began in 2020 to help food banks improve food access for our neighbors, is continuing to raise and distribute funds to local food banks. Since then, FMFCU Foundation has donated nearly $65,000 in the fight against food insecurity.  This year, in addition to funds, a food collection drive was hosted in all Franklin Mint Federal Credit Union (FMFCU) branches during the entire month of June. […] - [Eltropy Leads Credit Unions and Community Banks into New “Safe AI” Era with Comprehensive AI Suite ](https://thecreditunionconnection.com/eltropy-leads-credit-unions-and-community-banks-into-new-safe-ai-era-with-comprehensive-ai-suitenbsp/): AI Agents, AI Assistants, and AI Intelligence transform member communication and service and bring in new operational efficiencies with Generative AI Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced the general availability of the industry’s most advanced Safe-AI suite built exclusively for credit unions and community banks. The comprehensive suite includes AI Agents, AI Assistants, and AI Intelligence, designed to enhance service, operational efficiency, and provide better conversation intelligence for credit unions and community banks. Eltropy’s AI Agents function as intelligent digital agents on websites and voice channels, efficiently providing members with accurate information by […] - [North Island Credit Union Provides Back-to-School Backpacks & Supplies to the Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-provides-back-to-school-backpacks-amp-supplies-to-the-boys-amp-girls-clubs-of-greater-san-diego-1/): (L-R) North Island Credit Union Digital Marketing Coordinator Madison Lindley, Vice President/5th & Laurel Branch Manager Sean Swanson, Vice President/La Mesa Branch Manager Summer Yousif, and Administrative Services Associate Hayden Drum distribute backpacks to Boys & Girls Clubs of Greater San Diego Club kids. North Island Credit Union has partnered with the Boys & Girls Clubs of Greater San Diego to make the new school year a little bit easier for hundreds of Club kids and their families. In the fourth year of the partnership, the credit union recently provided approximately 300 backpacks filled with school supplies to the Boys […] - [CCUA’s Massachusetts Credit Unions Make Significant Contribution to MA Coalition for the Homeless, Topping $3M Donation Total](https://thecreditunionconnection.com/ccuas-massachusetts-credit-unions-make-significant-contribution-to-ma-coalition-for-the-homeless-topping-3m-donation-total/): The Cooperative Credit Union Association (CCUA) member credit unions in Massachusetts, proudly announce a substantial donation to the Massachusetts Coalition (Coalition) for the Homeless\’ A Bed for Every Child initiative. This year, Massachusetts Credit Unions presented a check for $100,000, culminating with the annual golf tournament held on June 25th. This donation marks a significant milestone, bringing the Commonwealth’s credit unions\’ total contributions to over $3 million during their 27 years of support. “We are incredibly proud of the longstanding support of the Massachusetts Coalition for the Homeless and the tangible difference our members have made in the lives of […] - [California Credit Union Hosts Pacoima Charter School Students at Los Angeles Zoo In Special Community Day](https://thecreditunionconnection.com/california-credit-union-hosts-pacoima-charter-school-students-at-los-angeles-zoo-in-special-community-day/): Over 90 students from Pacoima Charter School recently had the opportunity to visit the Los Angeles Zoo, thanks to California Credit Union. Students ranging from TK to 6th grade from the school\’s summer STEAM camp enjoyed an educational guided tour at the zoo as part of a Community Day sponsored by the credit union. As an official partner of the L.A. Zoo, California Credit Union has the opportunity to host a local under-resourced school in a special Community Day each year. As a long-time California Credit Union member, Pacoima Charter School was a natural fit to bring the L.A. Zoo experience […] - [Luminate Blazes New Path for Louisiana\'s Credit Unions](https://thecreditunionconnection.com/luminate-blazes-new-path-for-louisianas-credit-unions-2/): Today, the Louisiana Credit Union League unveiled its new branding to members during the Opening Ceremony of their Annual Convention. President and CEO, Juan Fernandez, electrified the audience with the announcement, accompanied by a captivating video sharing the details of the new branding.   This strategic rebranding initiative reflects the organization\’s commitment to illuminating the path forward for credit unions across the state, enhancing their visibility, and strengthening their impact on local communities.  The rebranding process was guided by strategic partnerships with industry-leading firms, On the Mark Strategies and Vienna Creative. Both companies played a pivotal role in guiding League staff in […] - [Signal Financial Selects Brian Daskalovitz as Chief Financial Officer](https://thecreditunionconnection.com/signal-financial-selects-brian-daskalovitz-as-chief-financial-officer/): Signal Financial Federal Credit Union has selected Brian Daskalovitz as its new Chief Financial Officer. \”The Board of Directors and I are thrilled to welcome Brian as the new Chief Financial Officer of Signal Financial,” says Francois Verleysen, President and Chief Executive Officer. “With his extensive financial expertise and diverse experience, he will provide strategic insights and make a substantial impact on our financial success.\” Daskalovitz brings over 15 years of experience in financial management, strategic planning, and operational efficiency to his new position and has been recognized for his leadership in managing multi-million-dollar budgets, implementing advanced financial systems, and ensuring […] - [SWIVEL Announces Unique Apple Pay® Integration Capability To Improve Loan Payment Performance for Community Financial Institutions](https://thecreditunionconnection.com/swivel-announces-unique-apple-pay-integration-capability-to-improve-loan-payment-performance-for-community-financial-institutions/): SWIVEL announced today its integration with Apple Pay® that enables its credit union and community bank clients to accept loan payments from members and customers through the mobile wallet. Within financial services, there exists a requirement in which institutions will not accept certain forms of payment (such as a credit card) against a consumer loan or auto loan. SWIVEL\’s integration with Apple Pay is unique in that it features a proactive capability that automatically filters cards loaded within a consumer\’s Apple Pay wallet and presents only the cards that can be used as acceptable payment options for an individual loan. […] - [myCUmortgage Thrilled to Announce Four New Partnerships](https://thecreditunionconnection.com/mycumortgage-thrilled-to-announce-four-new-partnerships/): Over 86,000 members and $1.18 billion in assets represented by new Q2 partner credit unions Four credit unions from across the country have partnered with myCUmortgage to take advantage of its suite of comprehensive mortgage solutions and industry expertise. myCUmortgage is a Credit Union Service Organization (CUSO), wholly owned by Wright-Patt Credit Union. myCUmortgage\’s new partnerships in Q2 of 2024 include: Blue Eagle Credit Union – Roanoke, Va. CHHE Credit Union – Huntington, W.Va. Earthmover Credit Union – Oswego, Ill. Securityplus Federal Credit Union – Baltimore These new partnerships represent 86,490 credit union members and $1.18 billion in assets. \”In […] - [Credit Unions Confront Challenge of Aging Membership on Final Day of 2024 World Credit Union Conference](https://thecreditunionconnection.com/credit-unions-confront-challenge-of-aging-membership-on-final-day-of-2024-world-credit-union-conference/): Erica Dhawan delivers final keynote address on \”concrete empathy\” If there is one overriding, existential concern credit unions share no matter their size, complexity or geographic location—it is how to build a younger base of membership to ensure their future relevance. Attendees of a Wednesday 2024 World Credit Union Conference breakout session on “Engaging Younger Members for Growth” learned how to appeal to younger demographics, while not forgetting about their current members. The statistics presented by Juli Lewis, Vice President of Community Engagement at USF FCU (USA) and Jim Lake, Vice President and Managing Partner of Michael Walters Advertising, were […] - [Palmetto Citizens FCU Selects Blend to Power Mortgage and Home Equity Solutions](https://thecreditunionconnection.com/palmetto-citizens-fcu-selects-blend-to-power-mortgage-and-home-equity-solutions/): Partnership to help credit union members save time and money Blend, a leading provider of digital banking solutions, today announced a new partnership with Palmetto Citizens, one of South Carolina\’s largest credit unions with assets of over $1.3 billion, to streamline their mortgage and home equity experiences. Palmetto Citizens chose Blend for their ability to deliver simple, intuitive mortgage solutions that improve member experience and supercharge loan officer productivity. With Blend’s technology, all documents can be delivered and signed digitally, enabling instant receipt by third parties, faster funding, and reducing the likelihood of errors. “We’re thrilled to partner with Blend […] - [Chevron Wasn’t the Only SCOTUS Decision to Upset Credit Unions’ Compliance Apple Cart](https://thecreditunionconnection.com/chevron-wasnt-the-only-scotus-decision-to-upset-credit-unions-compliance-apple-cart/): Henry C. Meier, Esq., The Law Office of Henry C. Meier The same day the Supreme Court ruled in Loper Bright vs. Raimondo that courts should no longer use the so-called Chevron deference when ruling on the legality of federal regulations, it decided a second case that could have almost as big an impact. If you recall, Chevron provided deference to regulators when the law was unclear or incomplete. The NCUA, CFPB and others could see a flurry of activity regarding regulations previously covered by Chevron. In the second case, Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., the […] - [CFPB Warns Against Intimidation of Whistleblowers](https://thecreditunionconnection.com/cfpb-warns-against-intimidation-of-whistleblowers/): Forcing workers to sign broad nondisclosure agreements could deter disclosure of misconduct The Consumer Financial Protection Bureau (CFPB) today issued a circular to law enforcement agencies and regulators explaining how companies may be breaking the law by requiring employees to sign broad nondisclosure agreements that could deter whistleblowing. The circular explains how imposing sweeping nondisclosure agreements that do not clearly permit communication with law enforcement may intimidate employees from disclosing misconduct or cooperating with investigations. This could impede investigations and potentially violate federal whistleblower protections. \”The law enforcement community uncovers serious wrongdoing by financial firms through whistleblower tips,\” said CFPB […] - [Panel Discusses Findings of WOCCU Study on Financial Inclusion For Migrants And Refugees](https://thecreditunionconnection.com/panel-discusses-findings-of-woccu-study-on-financial-inclusion-for-migrants-and-refugees/): CrowdStrike incident also a hot topic of discussion Tuesday at WCUC 2024 World Council of Credit Unions on Tuesday led a panel discussion on the findings from its new report, Insights from Credit Unions on Financial Inclusion for Migrants and Refugees, at the 2024 World Credit Union Conference. Published in June, the report looks at the role credit unions play in supporting migrants and refugees in four countries: Brazil, Ecuador, Poland and the United States. In the case of Ecuador, USAID/WOCCU Economic Inclusion Project (EIP) Chief of Party Oscar Guzman talked about the great work Jardin Azuayo, a credit union with nearly […] - [Great Basin FCU Supports Local Affordable Housing Initiatives](https://thecreditunionconnection.com/great-basin-fcu-supports-local-affordable-housing-initiatives/): In June 2024, the Federal Home Loan Bank of San Fransisco (FHLBSF) announced the disbursement of $9.4 million in affordable housing grants to Nevada-based developers in a mission to improve Nevada’s critical shortage of affordable housing. In the 2024 grant cycle, Great Basin Federal Credit Union received it’s first Affordable Housing Program (AHP) award from the FHLBSF and has partnered with the American Covenant Senior Housing Foundation, an organization who aims to provide safe, affordable, and sustainable housing for seniors, families, veterans, and the homeless. Through this effort, the credit union has it’s eyes set on making affordable housing a […] - [Credit Unions Raise Over $1.5 Million To Help Move Kids Out of Hospitals and Onto Playgrounds](https://thecreditunionconnection.com/credit-unions-raise-over-15-million-to-help-move-kids-out-of-hospitals-and-onto-playgrounds/): In a powerful display of unity, First Tech joined forces with fellow credit unions and industry partners to support children\’s hospitals First Tech Federal Credit Union (First Tech) led the annual Northwest Classic Credit Unions for Kids (CU4Kids) fundraising campaign, uniting First Tech employees and members, business leaders, and 26 credit unions across the nation to raise more than $1.5 million in support of children and families at Children\’s Miracle Network Hospitals (CMN Hospitals). The CU4Kids Northwest Classic tournament, now in its 24th year, has evolved into one of the largest credit union-sponsored events supporting Credit Unions for Kids. The tournament, […] - [World Council of Credit Unions Introduces Michael Lawrence as New Board Chair](https://thecreditunionconnection.com/world-council-of-credit-unions-introduces-michael-lawrence-as-new-board-chair/): Lawrence becomes first Australian to lead WOCCU Board in more than 25 years World Council of Credit Unions (WOCCU) kicked off Tuesday’s general session of the 2024 World Credit Union Conference by introducing Michael Lawrence, CEO of Australia’s Customer Owned Banking Association (COBA), as its new Board Chair. A member of WOCCU’s Board of Directors since 2018, Lawrence has also served as CEO of COBA, the industry body for Australia’s credit unions, building societies and mutual banks, and a WOCCU direct member, since December 2017. He has more than 30 years of experience in the financial services industry. “There is […] - [DCUC Sends Letter Ahead of House Financial Services Committee Hearing, “Housing Solutions: Cutting Through Government Red Tape”:](https://thecreditunionconnection.com/dcuc-sends-letter-ahead-of-house-financial-services-committee-hearing-housing-solutions-cutting-through-government-red-tape/): DCUC Advocates for the Protection of VA Home Loan Benefits Today, the Defense Credit Union Council (DCUC) sent a letter to The Honorable Patrick McHenry, Chairman, and The Honorable Maxine Waters, Ranking Member, of the House Financial Services Committee, United States House of Representatives. In its letter, DCUC provided commentary ahead of the committee hearing titled “Housing Solutions: Cutting Through Government Red Tape,” to raise awareness on a regulatory issue that may prevent Veterans from accessing their VA Home Loan benefits based upon recent court decisions. DCUC noted how many of its member credit unions are concerned veterans will now […] - [DCUC Letter to Permanent Subcommittee on Investigations, Hearing on Zelle on Homeland Security & Governmental Affairs: Hearing on Zelle](https://thecreditunionconnection.com/dcuc-letter-to-permanent-subcommittee-on-investigations-hearing-on-zelle-on-homeland-security-amp-governmental-affairs-hearing-on-zelle/): Today, the Defense Credit Union Council (DCUC) sent a letter to The Honorable Richard Blumenthal, Chairman, and The Honorable Ron Johnson, Ranking Member, Committee on Homeland Security & Governmental Affairs Permanent Subcommittee on Investigations, United States Senate. In its letter, DCUC provided its commentary ahead of the committee hearing titled “Instant Payments, Instant Losses: Zelle and the Big Banks Fail to Protect Consumers from Fraud. DCUC noted how many credit unions and their members use Zelle, a cutting-edge digital peer-to-peer (P2P) payment network, for its ability to send and receive money through an optimized secure network, with over 99.9% of […] - [Unlocking Organizational Success: The Strategic Value of Executive Coaching on Succession Planning and Employee Engagement](https://thecreditunionconnection.com/unlocking-organizational-success-the-strategic-value-of-executive-coaching-on-succession-planning-and-employee-engagement/): Corlinda Wooden, President, Wooden Consulting To effectively lead in today\’s complex business environment, the importance of executive coaching has never been more apparent. We have seen a growing demand for executive talent that integrates the expertise of financial services with the specialized skills of an organizational expert who is ingrained in your culture, necessitating a multi-faceted leader. This talent can be hard to come by, so it is critical to start grooming and growing your existing talent within your credit union. The decisions of today impact the success of tomorrow. The Social Security Administration estimates that baby boomers are retiring […] - [Integrated Payment Protection Feature by TruStageTM Live with Seven Partners in Less Than One Year](https://thecreditunionconnection.com/integrated-payment-protection-feature-by-trustagetm-live-with-seven-partners-in-less-than-one-year/): Over 1.25 Million Applicants Presented with Protection Products Today, TruStageTM announced Clutch will begin utilizing its integrated dynamic content capability for payment protection products. The announcement comes less than one year after the organization’s first partner, MeridianLink® announced it would leverage the feature. Piggybacking on this success, five other partners have also gone live this year including TruStage Digital Storefront, Tangenesis for Temenos credit unions, Sync1 Systems LOS CUSO and fiVISION. Three additional partners will be in development this year: Credit Snap, ECU Technologies and IMSI for Corelation credit unions. Integrated dynamic content for payment protection products provides educational content […] - [SchoolsFirst Federal Credit Union Recognized for Diversity, Equity and Inclusion](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-recognized-for-diversity-equity-and-inclusion/): Orange County Business Journal report spotlights Orange County companies that champion DEI SchoolsFirst Federal Credit Union, the largest credit union in California and the largest in the country serving school employees and their families, today announced that the Credit Union has been recognized by the Orange County Business Journal for its ongoing efforts and commitment to create a diverse, inclusive and equitable work environment. In a special report on Diversity, Equity and Inclusion (DEI), the Business Journal included SchoolsFirst FCU among the companies in Orange County that are leading the way in championing the principles of DEI. The Orange County […] - [NCUA Now Accepting Comments on Proposed Incentive-based Compensation Rule](https://thecreditunionconnection.com/ncua-now-accepting-comments-on-proposed-incentive-based-compensation-rule/): The NCUA is accepting comments on a joint rulemaking related to incentive-based compensation that was approved by the NCUA Board at its July meeting. For more information and to submit a comment, please go to Regulations.gov. This proposed rule addresses incentive-based compensation arrangements, as required under section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 956 requires federal financial institutions regulators, including the NCUA, to issue joint regulations or guidelines requiring disclosure and reporting of compensation at financial institutions with more than $1 billion in assets. The rule is a re-proposal of an earlier rule proposed […] - [Wheelhouse Credit Union President & CEO Lisa Paul-Hill Named 2024 Business Non-Profit CEO of the Year](https://thecreditunionconnection.com/wheelhouse-credit-union-president-amp-ceo-lisa-paul-hill-named-2024-business-non-profit-ceo-of-the-year/): San Diego Business Journal Award Recognizes Excellence in Leadership Wheelhouse Credit Union (Wheelhouse) is proud to announce that President & CEO Lisa Paul-Hill was named San Diego Business Journal’s 2024 business non-profit CEO of the Year. The publication’s annual award program recognizes CEOs in the San Diego area for their contributions to company growth, leadership, and community involvement. Ms. Paul-Hill received the award for her exceptional leadership and commitment to Wheelhouse members and the San Diego community. With 30 years of credit union experience, Ms. Paul-Hill has served as President & CEO of Wheelhouse since 2017. During her tenure in […] - [Greater Texas Employees Support Kidswhose Siblings are Battling Cancer ](https://thecreditunionconnection.com/greater-texas-employees-support-kidswhose-siblings-are-battling-cancernbsp/): For kids with sisters or brothers battling cancer, life can be difficult, and a group of employees from Greater Texas Credit Union came together to make a difference. Through its Greater Good initiative, a dozen credit union employees volunteered to help ensure campers received a positive sendoff to Camp Grey Dove, which is offered for free through Any Baby Can. Camp Grey Dove is a camp for kids with siblings that have cancer or special health care needs. The camp offers a respite for the campers; it allows them to just be a kid for a week without worrying about the family […] - [Neighborhood Credit Union Partners with FirstClose to Support Home Equity Growth](https://thecreditunionconnection.com/neighborhood-credit-union-partners-with-firstclose-to-support-home-equity-growth/): FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that Neighborhood Credit Union is using its FirstClose™ Equity solution\’s settlement services ordering platform to streamline its home equity lending operations. Headquartered in Dallas, TX, Neighborhood Credit Union has 14 branches throughout Texas serving more than 50,000 members. Last year, the credit union launched their home equity lending department and in just 12 months has originated over $1.3 million in home equity transactions. For this relatively new product category, home equity is quickly gaining traction as a reliable contributor to […] - [Free yourself from the title trap](https://thecreditunionconnection.com/credit-union-professional-job-title-trap/): Are you in danger of losing yourself to your work? Jackie Brown, Founder, Shifting Success With such an emphasis on work in our culture, it’s easy to rely on our titles to define who we are. It can even act as a shorthand of sorts when we introduce ourselves at parties and events. The other person generally knows enough about various industries and titles to get a sense of what type of person it takes to fulfill that role. We also lean on our titles to feel more confident and credible. If our organization says we’re good enough to be […] - [Mazuma Credit Union to Host “I Love My Credit Union Day” Celebrations in KC](https://thecreditunionconnection.com/mazuma-credit-union-to-host-i-love-my-credit-union-day-celebrations-in-kc/): Social Media and In-Branch Events Spotlight Local & International Credit Unions Mazuma Credit Union will host I Love My Credit Union Day events at the majority of its branch locations across the metropolitan area on Friday, July 26th in cooperation with Envisant, a subsidiary of the Illinois Credit Union League (ICUL). I Love My Credit Union Day brings the global credit union movement together to inspire authentic, high-energy conversations about why Members love their credit unions. The event is one of the many ways Mazuma celebrates its Members, the credit union movement, and its Kansas City community year-round. “I Love […] - [OneAZ Credit Union Joins 120+ Credit Unions, Invests in Curql ](https://thecreditunionconnection.com/oneaz-credit-union-joins-120-credit-unions-invests-in-curqlnbsp/): Curql connects OneAZ with a growing list of 40+ innovative fintech companies  OneAZ Credit Union is thrilled to announce a new partnership with Curql, to accelerate the Credit Union’s digital transformation. “Joining Curql Fund II is a transformative step for OneAZ, enabling us to engage with trailblazing technology that has the potential to revolutionize the credit union industry,” said OneAZ President & CEO Brandon Michaels. “We are thrilled at the opportunity to have a seat at the table to review and potentially invest in advanced technology that could place us at the vanguard of innovation. By partnering with Curql, we’re […] - [Advocacy Professionals Warn Against Complacency at 2024 World Credit Union Conference](https://thecreditunionconnection.com/advocacy-professionals-warn-against-complacency-at-2024-world-credit-union-conference/): Monday afternoon at WCUC features Worldwide Foundation for Credit Unions’ focus engagement, resiliency efforts Credit union advocacy professionals from around the world on Monday urged their colleagues to show even greater resolve during a time of political uncertainty at the 2024 World Credit Union Conference. America’s Credit Unions’ President and CEO Jim Nussle told the first general session audience of the conference that every credit union’s future is only successful if advocacy is successful at all levels, especially in a time of such political uncertainty throughout the world. “This is not a time to get tired of advocacy or even […] - [BHFCU Staff Raises Over $13k in Q2](https://thecreditunionconnection.com/bhfcu-staff-raises-over-13k-in-q2/): Black Hills Federal Credit Union (BHFCU) proudly empowers its employees to make a difference in their communities. This commitment is exemplified by their longstanding support of the staff-led Community Action Team (CAT). In the second quarter, BHFCU staff raised more than $13,300, making a significant impact on the charitable organizations they support. From April through June, the CAT program focused on helping animals, supporting kids and families, and battling food insecurity. During this time, staff collected an impressive 1,931 items, comprised of more than 1,300 pet supplies and nearly 600 peanut butter and jellies, weighing in at more than 1,100 […] - [Premier Members Credit Union Launches Partnership with Wompost to Expand Compost Access for Colorado Front Range](https://thecreditunionconnection.com/premier-members-credit-union-launches-partnership-with-wompost-to-expand-compost-access-for-colorado-front-range/): PMCU first credit union to join Wompost’s Community Collection Program Premier Members Credit Union (PMCU) has become the first credit union in Colorado to join regional business Wompost’s Community Compost Drop-Off Program, expanding compost access in many cities of the Front Range Metro. As a result of a recent merger with Clemintine Composting, Wompost has more than doubled their service area to cover a much larger percentage of the northern Front Range. This prompted a need for Wompost to find new community partners to serve their rapidly growing customer base’s drop-off needs. That’s where PMCU came into the picture. Working […] - [TruWest Ignites Community Spirit on I Love My Credit Union Day](https://thecreditunionconnection.com/truwest-ignites-community-spirit-on-i-love-my-credit-union-day/): Credit Union Members Unite on July 26 to Share Their Stories and Love for TruWest On Friday, July 26, TruWest® Credit Union will join credit union enthusiasts nationwide unite for a day dedicated to celebrating the many reasons community members love their credit unions. This day is an opportunity to inspire engaging and lively conversations about the impact of credit unions in the local community. Each July, TruWest kicks off a major social media campaign to raise community awareness about the credit union movement. This year, TruWest Credit Union is excited to enhance the celebration with special activities at their […] - [McCarter LaBorde Announces Goal of 1 Billion Members, 50% Women, in State of the Movement Address](https://thecreditunionconnection.com/mccarter-laborde-announces-goal-of-1-billion-members-50-women-in-state-of-the-movement-address/): Day two of the 2024 World Credit Union Conference also features a message on the importance embracing AI moving forward World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde laid out an aggressive new vision to grow the reach of credit unions from 400 million to one billion people, with at least 50% (500 million) of those members being women, in her State of the Movement Address at Monday’s first general session of the 2024 World Credit Union Conference. “We are putting out a bold statement for gender equity and equality for our movement of the future, […] - [Credit Union Women and Young Professionals Learn Value of Effective Storytelling, Growing Networks](https://thecreditunionconnection.com/credit-union-women-and-young-professionals-learn-value-of-effective-storytelling-growing-networks-1/): Global Women’s Leadership Network also hosts 15-year anniversary reception prior to 2024 World Credit Union Conference A professional storyteller straight out of Hollywood showed credit union women and young professionals how to become more confident, inspiring and dynamic communicators during Sunday’s Leading Through Networks’ event hosted by the Global Women’s Leadership Network (GWLN)and the World Young Credit Union Professionals (WYCUP) program at the 2024 World Credit Union Conference. LaQuita Cleare, an actor, writer and producer who now owns Clear Communication Academy, explained how the storytelling principles of connection, emotion and engagement are as important in the credit union industry as […] - [Illinois Credit Union League Announces 2023 Award Winners](https://thecreditunionconnection.com/illinois-credit-union-league-announces-2023-award-winners/): The Illinois Credit Union League (ICUL) is thrilled to announce the recipients of its prestigious 2024 awards program. These awards recognize exceptional leadership, dedication, and innovation within the Illinois credit union movement. The 2024 ICUL Award winners are: Small Credit Union AwardDeborah Fears, Chicago Post Office Employee Credit UnionThis award honors the outstanding accomplishments of credit unions with assets under $50 million. Hall of Fame Lifetime Achievement Award Charla Buchanan, Citizens Equity First Credit Union (CEFCU)Charles Peterson, 74th Street Depot Federal Credit UnionThis award recognizes an individual who has made a significant and lasting impact on the credit union movement […] - [Defense Credit Union Council (DCUC) Letter to Small Business Subcommittee: Advocating for Veterans’ Access to Business Loans](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-letter-to-small-business-subcommittee-advocating-for-veterans-access-to-business-loans/): Today, the Defense Credit Union Council (DCUC) sent a letter to The Honorable Nick LaLota, Chairman, and The Honorable Hillary Scholten, Ranking Member, Contracting and Infrastructure Subcommittee of the House Committee on Small Business, United States House of Representatives. DCUC provided its response to the upcoming congressional hearing on “Leveling the Playing Field: Examining the Landscape of Veteran Owned Small Businesses,\” urging the Subcommittee to support legislation that addresses barriers currently hindering veterans from accessing small business loans. “Central to any discussion of the landscape of Veteran Owned Small Businesses must be the unfair and arbitrary business member loan cap […] - [Dakota CU Foundation Makes Generous Gift to Sioux Falls CMN Hospital](https://thecreditunionconnection.com/dakota-cu-foundation-makes-generous-gift-to-sioux-falls-cmn-hospital/): The Murano family of Aberdeen, South Dakota, recently made a trip to Sanford Children’s Hospital in Sioux Falls, South Dakota. The route to the hospital is very familiar to them, as Charlie, beloved son of Abby and Joel Murano, was treated there last year for a rare form of brain and spine cancer. Sadly, the beautiful toddler lost his battle with this devastating disease late last fall. But this trip was for a very different purpose: the official reveal of the pediatric oncology exam room named in honor of little Charlie. Earlier this year, the Dakota Credit Union Foundation had […] - [Cooperative Credit Union Association\'s Small Credit Union Grant Program Surpasses $50K Mark in Allocated Funding](https://thecreditunionconnection.com/cooperative-credit-union-associations-small-credit-union-grant-program-surpasses-50k-mark-in-allocated-funding/): The Cooperative Credit Union Association (CCUA) recently hit a significant milestone in its Small Credit Union Grant Program by surpassing the $50,000 mark in allocated funding. Since its inception in July 2022, the program has provided crucial financial support to twenty-five member credit unions, enabling advancements and improvements across a number of operational areas. \”We are thrilled to see the impact our Small Credit Union Grant Program has made in such a short period,\” said Ron McLean, President and CEO of the CCUA. \”These grants are empowering credit unions to enhance their services and infrastructure, ultimately benefiting their members and […] - [World Credit Union Conference Returns to United States After 9-Year Hiatus](https://thecreditunionconnection.com/world-credit-union-conference-returns-to-united-states-after-9-year-hiatus/): Opening ceremony, Solution Center reception highlight day one of WCUC 2024 More than 2,500 credit union professionals from 57 countries packed into the Boston Convention and Exhibition Center Sunday afternoon to kick off the first World Credit Union Conference held in the United States since 2015.   Co-hosted by World Council of Credit Unions (WOCCU) and America’s Credit Unions, the 2024 World Credit Union Conference opening ceremony featured the annual parade of nations and a greeting from WOCCU Board Vice-Chair and Secretary Michael Lawrence (Australia).  Lawrence spoke on behalf of WOCCU Board Chair Diana Dykstra (USA), who was unable to attend. […] - [Schiavone Takes Helm of Mid-Atlantic Federal Credit Union](https://thecreditunionconnection.com/schiavone-takes-helm-of-mid-atlantic-federal-credit-union/): CEO Tamara Schiavone, Bill Brooks, Mid-Atlantic FCU Board Chairman Randy Scritchfield Bill Brooks departs after leading the credit union for eight years Tamara Schiavone, the CFO of Mid-Atlantic Federal Credit Union for the last six years, has been promoted by the Board of Directors to CEO as of Aug. 1. She replaces Bill Brooks, who is departing after serving Mid-Atlantic FCU for eight years. “I have been a credit union CFO for 30 years, and I’m excited about the opportunity to step up into the CEO role at Mid-Atlantic,” Schiavone said. “I have worked alongside Bill both here at Mid-Atlantic […] - [MANTL Announces Integration With Q2’s Digital Banking Platform](https://thecreditunionconnection.com/mantl-announces-integration-with-q2s-digital-banking-platform/): Financial institutions can now utilize MANTL’s consumer and business deposit origination platform through Q2’s Digital Banking Platform MANTL, an origination platform for banks and credit unions, is proud to announce its integration with Q2’s Digital Banking Platform via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. This collaboration integrates MANTL Consumer Deposit Origination and MANTL Business Deposit Origination with Q2\’s Digital Banking Platform to deliver a seamless account origination and onboarding experience for bank and credit union staff, customers, and members. The Q2 Partner Accelerator is a […] - [Credit Union Women and Young Professionals Learn Value of Effective Storytelling, Growing Networks](https://thecreditunionconnection.com/credit-union-women-and-young-professionals-learn-value-of-effective-storytelling-growing-networks/): Global Women’s Leadership Network also hosts 15-year anniversary reception prior to 2024 World Credit Union Conference A professional storyteller straight out of Hollywood showed credit union women and young professionals how to become more confident, inspiring and dynamic communicators during Sunday’s Leading Through Networks’ event hosted by the Global Women’s Leadership Network (GWLN) and the World Young Credit Union Professionals (WYCUP) program at the 2024 World Credit Union Conference. LaQuita Cleare LaQuita Cleare, an actor, writer and producer who now owns Clear Communication Academy, explained how the storytelling principles of connection, emotion and engagement are as important in the credit […] - [DCUC Official Statement: President Biden’s Decision to Withdraw, 2024 Presidential Election](https://thecreditunionconnection.com/dcuc-official-statement-president-bidens-decision-to-withdraw-2024-presidential-election/): Today, the Defense Credit Union Council (DCUC) provides the following statement in response to President Joe Biden’s decision to withdraw from the 2024 Presidential Election: “DCUC appreciates President Biden\’s lifetime of public service and looks forward to working with his administration through the remaining days of his administration,\” said Anthony Hernandez, DCUC President/CEO. \”It is important for credit unions and their members to participate in our elections to ensure the best outcome for our country and our industry.\” - [Clearwater Credit Union Introduces Montana\'s First Clean Energy CD](https://thecreditunionconnection.com/clearwater-credit-union-introduces-montanas-first-clean-energy-cd/): Credit union designates funds for financing clean energy solutions in Montana Clearwater Credit Union, Montana’s leading solar loan lender and the second-largest credit union in Montana, is pleased to announce it is launching a new Clean Energy Certificate of Deposit (CD), making it the first financial institution in Montana to offer such a savings product. Clearwater’s 24-Month Clean Energy CD provides depositors with an opportunity to earn market competitive returns while simultaneously making a positive impact with their deposits. Different from traditional CDs, Clearwater designates the pooled deposits to fund loans for clean energy initiatives that help Montana homeowners and […] - [Agencies Request Comment on Anti-Money Laundering/Countering the Financing of Terrorism Proposed Rule](https://thecreditunionconnection.com/agencies-request-comment-on-anti-money-launderingcountering-the-financing-of-terrorism-proposed-rule/): Four federal financial institution regulatory agencies today requested comment on a proposal to update their requirements for supervised institutions to establish, implement, and maintain effective, risk-based, and reasonably designed anti-money laundering and countering the financing of terrorism (AML/CFT) programs. The amendments are intended to align with changes concurrently proposed by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), most of which result from the Anti-Money Laundering Act of 2020 (AML Act). The proposed amendments would require supervised institutions to identify, evaluate, and document the regulated institution’s money laundering, terrorist financing, and other illicit finance activity risks, as […] - [Three Credit Unions Announce Promotions and New Orleans Firemen’s Federal Credit Union Announces Teacher of the Year](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-and-new-orleans-firemens-federal-credit-union-announces-teacher-of-the-year/): Three credit unions including Corporate Central Credit Union and Greater Texas Credit Union announced promotions within its leadership, and New Orleans Firemen’s Federal Credit Union announced their 2024 Teacher of the Year. New Hires Allied Payment Network, Inc. (Allied) announced the addition of Hank Vanjaria as its new Chief Financial Officer. Vanjaria, who reports to Allied CEO Geoff Knapp, is responsible for strategic financial planning and operations and is also a member of the Executive Leadership Team. Robins Financial Credit Union proudly welcomes Amy Fuller as the new Vice President of Project Management & Transformation. In this role, Fuller will implement […] - [Relive the Best of GAC 2024!](https://thecreditunionconnection.com/relive-the-best-of-gac-2024/): Check out all of our video interviews from GAC 2024, all in one place! From technology and AI’s growing role to reaching out to the next generation of credit union members, we’ve got all the topics the credit union world is talking about! Union Credit’s Barry Kirby Discusses Marketing To Younger Consumers at GAC As the median age of the credit union member continues to climb, one of the main problems is marketing to these younger potential members. Many millennials and members of Gen Z simply do not know that credit unions exist or how they’re different from banks. Just […] - [Solarity Credit Union donates $40,000 to Memorial Foundation and toy Jeep to patient](https://thecreditunionconnection.com/solarity-credit-union-donates-40000-to-memorial-foundation-and-toy-jeep-to-patient/): On Monday, July 15, 2024, Solarity Credit Union President and CEO, Mina Worthington, delivered a $40,000 donation to the Memorial Foundation, as well as a toy Jeep to four-year-old Jeremiah, a former Neonatal intensive Care Unit (NICU) patient. These donations were in support of MultiCare Yakima Memorial Hospital’s children’s health care programs and services.  “Solarity is proud to support the Memorial Foundation’s mission of making the Yakima Valley a safe and healthy place to live,” says Worthington. The ceremonial check represents a donation raised in 2023 under the Credit Unions for Kids program, a national credit union initiative that raises […] - [Securityplus Federal Credit Union Selected to Receive National Designation of Savings Excellence Award](https://thecreditunionconnection.com/securityplus-federal-credit-union-selected-to-receive-national-designation-of-savings-excellence-award/): Securityplus Federal Credit Union has earned the 2024 America Saves Designation of Savings Excellence award, an honor explicitly reserved for financial institutions that created measurable impact and displayed exceptional achievement during the annual America Saves Week campaign. Securityplus is one of eight credit unions and nine banks honored with this distinction out of more than 4600 participating organizations of America Saves Week, which took place April 8 – 12, 2024 as part of Financial Capability Month. \”Congratulations to the financial institutions awarded the 2024 Designation of Saving Excellence for their achievements during America Saves Week 2024! Their commitment to empowering […] - [Black Veterans for Social Justice Partners with Navy Federal Credit Union to Bolster Support for Veterans Everyday Campaign](https://thecreditunionconnection.com/black-veterans-for-social-justice-partners-with-navy-federal-credit-union-to-bolster-support-for-veterans-everyday-campaign/): Black Veterans for Social Justice (BVSJ), a 45-year-old nonprofit organization dedicated to providing essential services to U.S. veterans and their families, is grateful for Navy Federal Credit Union\’s philanthropic support. The grant will support tailored solutions for our nation\’s heroes through BVSJ\’s Veterans Everyday Campaign. Veterans Everyday is an ongoing effort to provide essential services and meet the needs of U.S. veterans every single day. Understanding that every veteran\’s journey is unique, Veterans Everyday is a collective effort to fundraise and implement tailor-made solutions to ensure no veteran is left behind. Annually, BVSJ assists thousands of veterans with a myriad of difficulties. […] - [LBS Financial Credit Union Awards $23,000 in Scholarships to Local High School Seniors and College Students](https://thecreditunionconnection.com/lbs-financial-credit-union-awards-23000-in-scholarships-to-local-high-school-seniors-and-college-students/): LBS Financial Credit Union awarded $23,000 total in scholarships this year, benefitting 38 students from Long Beach and neighboring communities to assist them with their education as they begin the 2024-2025 academic year. The credit union encourages local area high schools, adult schools, and community colleges to participate in their scholarship program by selecting a deserving student to receive an award. LBS Financial Credit Union provided scholarships of $500 and $1,000 to 36 schools, benefiting a total of 32 high school, 2 college, and 2 adult school students. LBS Financial also sent representatives to many of the school or college […] - [NCUA Board Approves Proposed Rules on Incentive-based Compensation, Succession Planning](https://thecreditunionconnection.com/ncua-board-approves-proposed-rules-on-incentive-based-compensation-succession-planning/): Maintains 18-percent Loan Interest Rate Ceiling for Federal Credit Unions The National Credit Union Administration Board held its fifth open meeting of 2024 and approved a proposed rule on incentive-based compensation and a revised proposed rule on succession planning. The NCUA Board also approved maintaining the current interest rate ceiling for federal credit unions at 18 percent. Board Approves Proposed Incentive-based Compensation Rule The NCUA Board approved by a vote of 2–1 a proposed rule to address incentive-based compensation arrangements, as required under section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 956 requires federal financial […] - [Nutmeg State Financial Credit Union Expands DMV Express Services to Orange and Stratford, CT](https://thecreditunionconnection.com/nutmeg-state-financial-credit-union-expands-dmv-express-services-to-orange-and-stratford-ct/): Nutmeg State Financial Credit Union (NSFCU), in partnership with the Connecticut Department of Motor Vehicles (DMV), is pleased to announce the expansion of our DMV Express services to two of our retail locations in Connecticut.  Orange Branch: 259 Bull Hill Lane, Orange, Connecticut, 06477 (Inside ShopRite) Stratford Branch: 250 Barnum Avenue Cutoff, Stratford, Connecticut, 06615 (Inside ShopRite) These two retail locations will now offer DMV Express services, by appointment only, including driver\’s license renewals and duplicates, identification card renewals and duplicates, address changes, and driver’s history requests.  Appointments can be made at https://nutmegstatefcu.org/dmv-express. \”We are thrilled to expand our DMV […] - [American Eagle Financial Credit Union\'s Generous Donations Fight Summer Food Insecurity](https://thecreditunionconnection.com/american-eagle-financial-credit-unions-generous-donations-fight-summer-food-insecurity/): Pictured from left to right: Kathleen Souvigney, Executive Director, Enfield Food Shelf; and Braden Haddock,  Assistant Branch Manager, American Eagle Financial Credit Union Enfield Branch American Eagle Financial Credit Union (American Eagle FCU) is proud to announce its recent donation of $6,000 to combat summer food insecurity for families through its support of several local nonprofit organizations. The company has made contributions to Master’s Manna in Wallingford, the Hunger Action Team in East Hartford, Got Lunch Newington, Midwest Food Bank New England in Manchester, and Enfield Food Shelf. “Food insecurity spikes over the summer,” said American Eagle FCU President & […] - [Glia Launches Unified Interactions Report and Index, Unveiling New Industry Benchmarking Tool for Customer Interactions](https://thecreditunionconnection.com/glia-launches-unified-interactions-report-and-index-unveiling-new-industry-benchmarking-tool-for-customer-interactions/): Glia, the leader in customer interaction technology, today launched the Glia Interactions Index, a new way for financial services organizations to benchmark against similar institutions to quantify the efficiency, effectiveness and experience of their customer interaction strategy. Glia has also launched its first ever Unified Interactions Report based on this Index with nearly 15 financial services organizations contributing insights, helping to validate these benchmarks. The report provides actionable steps for how banks, credit unions and insurance companies can enhance how customers experience their brand. In today\’s interaction economy, customer interactions are where loyalty and revenue are made and lost. The […] - [Black Dragon Capital℠ to Host a Private Reception for World Credit Union Conference Leaders in Boston and Discuss Global Partnership Opportunities](https://thecreditunionconnection.com/black-dragon-capital-to-host-a-private-reception-for-world-credit-union-conference-leaders-in-boston-and-discuss-global-partnership-opportunities/): Louis Hernandez Jr., Founder and CEO of Black Dragon Capital℠, and Benson Porter, Chair of FinTech (CUSO) Fund, will be the leading team that the multi-phase investment firm will send to support the private reception to meet and engage with leaders from the credit union industry. Black Dragon Capital℠ has a long history of creating and investing in market leading companies, with a focus on leveraging advanced technologies in high growth segments to strengthen economic stability within communities. It combines a unique, operationally led approach with deep domain expertise and a diverse team of professionals who have extensive industry, operational and […] - [Black Hills FCU Enhances Self-Service Banking with NCR Atleos](https://thecreditunionconnection.com/black-hills-fcu-enhances-self-service-banking-with-ncr-atleos/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $2.3 billion-asset Black Hills Federal Credit Union (BHFCU) has deepened its partnership with Atleos, selecting ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) to transform self-service banking. Established in Rapid City, S.D. in 1941, BHFCU has two locations in Montana and 18 across South Dakota. The credit union was looking to simplify operations and replace an aging ATM fleet, ultimately trusting the experts at Atleos to manage the hardware, software, security, installation, maintenance, cash management […] - [TDECU President & CEO Retires fromU.S. Army Reserve](https://thecreditunionconnection.com/tdecu-president-amp-ceo-retires-fromus-army-reserve/): TDECU President and CEO Isaac Johnson has formally retired from his position as a two-star Major General in the U.S. Army Reserve. Johnson formally relinquished command of the U.S. Army Civil Affairs and Psychological Operations Command (Airborne) during an official Change of Command, Responsibility and Retirement ceremony held on Saturday, July 13, at Fort Liberty in North Carolina. This ceremony concluded his 38-year military career. As a highly respected leader, Johnson made significant contributions to both the U.S. Army Reserve and TDECU. Under his guidance, the not-for-profit credit union experienced remarkable growth and success, and Johnson says he is looking […] - [Best Innovation Group’s Innovation Club Welcomes New Members](https://thecreditunionconnection.com/best-innovation-groups-innovation-club-welcomes-new-members/): Best Innovation Group today announced that two new credit union leaders have joined the Innovation Club: Willis Chang, Digital Transformation Officer at Kinecta Federal Credit Union and Scott Lindley, Chief Information Officer at Kitsap Credit Union. Their addition further expands the club’s network of forward-thinking leaders in the financial sector. The announcement was made during a recent Innovation Club meeting held at the state-of-the-art Kinecta facility in Los Angeles where industry leaders explored the latest advancements in modern financial technology. Credit union executives collaborated on industry problems and opportunities and shared their successes. Notably, Peter Nohelty, CTO of Vibrant Credit Union, highlighted […] - [Sovita Credit Union Partners with MDT to Enhance Member Experience](https://thecreditunionconnection.com/sovita-credit-union-partners-with-mdt-to-enhance-member-experience/): Credit Union selects fintech for boosted efficiencies, modern API-first strategy Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced that $515 million-asset Sovita Credit Union partnered with them to host its core platform and deliver leading digital-first solutions, ultimately providing new levels of convenience and robust functionality to members. Flint, Mich.-based Sovita Credit Union supports education and healthcare workers and their families in communities across the State of Michigan. The credit union was looking to replace its current core system with a more […] - [Same Day ACH Reaches New Heights as ACH Network Volume Increases](https://thecreditunionconnection.com/same-day-ach-reaches-new-heights-as-ach-network-volume-increases/): Same Day ACH reached new heights of payment volume and value as the modern ACH Network posted significant volume and value increases in the second quarter of 2024, Nacha reported. There were 8.3 billion ACH payments in the second quarter, an increase of 6.3% over the same time period in 2023. The dollar value of these ACH payments totaled $21.6 trillion, a 7% increase. Same Day ACH exceeded 100 million payments in a month for the first time in April 2024, with 107.8 million. April also had the highest monthly value ever of Same Day ACH payments ($293 billion) and […] - [YMC Elevates Member Web Experience](https://thecreditunionconnection.com/ymc-elevates-member-web-experience/): Agency Delivers Credit Union Web Designs with no Costly Fees or Binding Contracts For nearly 20 years, Your Marketing Co. has heard and seen first-hand web design companies that overpromise, underdeliver, and hide costs behind long-term contracts. It’s what led the strategic marketing agency to form its sister company, Uncommn, in 2017, and earlier this year YMC moved credit union web design completely in-house. “We have a well-rounded team that excels individually and collaboratively, providing invaluable feedback and driving strategic success together,” Senior Web Developer Alex VanHaasteren said of the move. “We pool resources, share ideas, and draw inspiration from […] - [Agencies Issue Final Rule to Help Ensure Credibility and Integrity of Automated Valuation Models](https://thecreditunionconnection.com/agencies-issue-final-rule-to-help-ensure-credibility-and-integrity-of-automated-valuation-models/): Six federal regulatory agencies today issued a final rule, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act, designed to help ensure the credibility and integrity of models used in valuations for certain mortgages secured by a consumer’s principal dwelling. In particular, the rule will implement quality control standards for automated valuation models (AVMs) used by mortgage originators and secondary market issuers in valuing those homes. The final rule is substantially similar to the proposal issued in June 2023. Under the final rule, the agencies will require institutions that engage in certain transactions secured by a consumer’s principal […] - [Visionary Leader Jeff Kline to Retire as MDC CEO, Leaving a Legacy of Innovation and Collaboration](https://thecreditunionconnection.com/visionary-leader-jeff-kline-to-retire-as-mdc-ceo-leaving-a-legacy-of-innovation-and-collaboration/): Chief Executive Officer Jeff Kline is to retire in May 2025 after a 40-year distinguished career, including 17 years as CEO Members Development Company (MDC) has announced that Jeff Kline will retire as CEO effective May 2025 after a distinguished tenure marked by significant growth and innovation. Kline joined MDC in 2007, and under his leadership, the company\’s research and development efforts have tripled in asset size, substantially expanded its credit union owner base, and facilitated groundbreaking collaboration between fintech’s and credit unions, paving the way for unprecedented investment opportunities within the industry. During his tenure, Kline has led innovative […] - [WFCU Contributes to Hurricane Beryl Recovery Efforts in the Caribbean](https://thecreditunionconnection.com/wfcu-contributes-to-hurricane-beryl-recovery-efforts-in-caribbean/): Locals getting ready to rebuild their community after Hurricane Beryl. $5,000 pledged to help credit unions respond to storm’s devastating impact Worldwide Foundation for Credit Unions (WFCU) this week pledged $5,000 through its Project Storm Break initiative to assist the Caribbean Confederation of Credit Unions’ (CCCU) Development Foundation’s appeal to provide support to credit union communities affected by Hurricane Beryl.  The first hurricane of the 2024 Atlantic hurricane season, Beryl rapidly intensified from a tropical depression to a Hurricane within a 24-hour span, further strengthening in early July into an extremely dangerous Category 5 storm. CCCU member credit unions on Tobago, Dominica, […] - [Summit Credit Union Named a 2024 Best Employer in North Carolina by  Business North Carolina Magazine ](https://thecreditunionconnection.com/summit-credit-union-named-a-2024-best-employer-in-north-carolina-bynbsp-business-north-carolina-magazinenbsp/): Summit Credit Union has been named a 2024 Best  Employer in North Carolina by Business North Carolina Magazine.  Business North Carolina Magazine’s annual awards program identifies and honors the best  places of employment in North Carolina. The 2024 awards mark the 11th year that Best  Employers has been featured in Business North Carolina Magazine. Employees and their  employers are polled on dozens of topics, from corporate culture to overall employee  satisfaction.   “We are honored that Summit Credit Union has been named a Best Employer in North Carolina  by Business North Carolina Magazine for the second year in a row. Our […] - [International Credit Union (ICU) Day® 2024 to Focus on ‘One World Through Cooperative Finance’](https://thecreditunionconnection.com/international-credit-union-icu-day-2024-to-focus-on-one-world-through-cooperative-finance/): Credit unions can Educate, Participate and Celebrate on Thursday, October 17 World Council of Credit Unions (WOCCU) and Worldwide Foundation for Credit Unions (WFCU) are excited to announce “One World Through Cooperative Finance” as the theme for the 76th anniversary of International Credit Union (ICU) Day® on Thursday, October 17, 2024. “At a time in our history when we seem increasingly divided, we hope our credit unions use the ICU Day 2024 theme to show how our movement brings people closer together through democratic, member-owned financial institutions that put people over profit,” said Thomas Belekevich, WOCCU Director of Member Services. […] - [Affinity Federal Credit Union Recognized Among Top Credit Unions in New Jersey and New York](https://thecreditunionconnection.com/affinity-federal-credit-union-recognized-among-top-credit-unions-in-new-jersey-and-new-york/): Affinity has been named on the 2024 Forbes list of America’s Best Credit Unions for both states, underscoring the organization’s commitment to its members and providing a holistic wellbeing experience Affinity Federal Credit Union (“Affinity”), a member-based, federally insured, full-service financial institution, has been recognized on the Forbes list of “America’s Best Credit Unions in Each State,” earning second place in New Jersey and sixth place in New York for 2024. The ranking is based on a survey of consumers, and the resulting list recognizes the top credit unions for their community-oriented banking experience and commitment to offering comprehensive services […] - [Pocketnest Shines in Filene Case Study](https://thecreditunionconnection.com/pocketnest-shines-in-filene-case-study/): Fintech revolutionizes credit union engagement with next-gen members Pocketnest showcases groundbreaking credit union results from a Filene Research Institute case study. The study, involving five top credit unions across the United States, demonstrates Pocketnest\’s ability to significantly boost member engagement, enhance financial wellness, and unlock substantial cross-sell revenue opportunities. \”Pocketnest has a foothold in fintech and can help financial institutions completely reinvigorate their brand, tech, and millennial engagement—all while bringing financial wellness to their communities,\” said Ben Maxim, CTO, Reseda Group; and Chief Digital Strategy & Innovation Officer, MSU Federal Credit Union (MSUFCU). As a white-labeled, AI-enabled digital platform, Pocketnest empowers […] - [Kinective Acquires Nexus Software](https://thecreditunionconnection.com/kinective-acquires-nexus-software/): Acquisition of branch connectivity software provider opens new channels and fuels growth. Kinective, the leading provider of connectivity, document workflow, and branch automation software for the banking sector, today announced the acquisition of Ohio-based Nexus Software (Nexus), a market leader in branch device management for financial institutions. This strategic acquisition boosts Kinective\’s position as a market leader in banking software, driving transformation in retail operations while creating new avenues for international market expansion. Serving over 1,100 financial institutions, including several global banking leaders, Nexus’ branch automation software connects branch hardware to core processing systems. With their platform supporting over 400,000 […] - [ViClarity Welcomes Software Founder & Longtime European CEO as New Global CEO](https://thecreditunionconnection.com/viclarity-welcomes-software-founder-amp-longtime-european-ceo-as-new-global-ceo/): Governance, risk and compliance (GRC) technology firm ViClarity is pleased to announce the appointment of John “Ogie” Sheehy as its Global CEO. This leadership transition comes after Sheehy has served as Global CIO and CEO of ViClarity’s European business for the last 4 years. He has led ViClarity’s office in Ireland since 2008, when he originally founded the company, and he has successfully directed client relationships in international markets, including the U.K., Canada and Australia. With a degree in Applied Physics and Electronics from the Institute of Technology Tralee, Sheehy has a strong passion for technology. After more than 16 years […] - [Origence CEO Shares Industry Predictions at Sold-Out Lending Tech Live \'24](https://thecreditunionconnection.com/origence-ceo-shares-industry-predictions-at-sold-out-lending-tech-live-24/): Origence, the leading lending technology solutions provider for credit unions, celebrated its 30th anniversary with a sold-out annual conference, Lending Tech Live ’24. Tony Boutelle, CEO of Origence since its inception, reflected on three decades of industry innovation and shared bold predictions for the future of lending and automotive markets. Since 1994, Boutelle highlighted the transformation of the credit union industry, which has grown from $307 billion to over $2.2 trillion in assets today. “Our journey has been defined by continuous innovation and adaptation,” said Boutelle. “As we celebrate three decades of growth, we’re not just reflecting on our past […] - [Eglin Federal Credit Union, The First Bank and Okaloosa Saves partner in the Teach Children to Save Campaign](https://thecreditunionconnection.com/eglin-federal-credit-union-the-first-bank-and-okaloosa-saves-partner-in-the-teach-children-to-save-campaign/): Eglin Federal Credit Union partnered with Okaloosa Saves and The First Bank for the annual Teach Children to Save campaign April 1 – June 30. Youth were encouraged to set a savings goal and make a deposit into their savings account. Their names were entered into a random drawing for six children to win a $50 deposit into their savings account from Okaloosa Saves. Winners were invited to the Okaloosa Board of County Commissioners board meeting on Tuesday, July 16 to receive their certificates and recognition. This year, there were 106 youth from Eglin FCU and six youth from The […] - [Teens Experience Real World Financial Scenarios at VyStar Credit Union Reality Fair at Enmarket Arena](https://thecreditunionconnection.com/teens-experience-real-world-financial-scenarios-at-vystar-credit-union-reality-fair-at-enmarket-arena/): VyStar Credit Union held a Reality Fair at Enmarket Arena Saturday, July 13, from 9:00 am to 12:30 pm. This free large-scale simulation event was designed to equip approximately 200 teenagers (ages 13–18) and their parents with essential money management skills for real-world financial challenges. Participants in the Reality Fair received a new identity with a career, an income, a credit score, and instruction on how to create a monthly budget. They then visited a variety of booths where they were presented with real world monthly expenses like housing, groceries, transportation and some unexpected events like a broken dishwasher or […] - [CFPB Changes Up the Rules on BNPL - What’s That Mean for Credit Unions?](https://thecreditunionconnection.com/buy-now-pay-later-credit-unions/): Buy now, pay later has become incredibly popular among consumers, and many lenders and online payments companies have taken notice. In fact, buy now, pay later has become so prevalent that the Consumer Financial Protection Bureau said in issuing a rule, “13% of Buy Now, Pay Later transactions involved a return or dispute. In 2021, people disputed or returned $1.8 billion in transactions at the five firms surveyed. The failure to provide dispute protections can create chaos for consumers when they return their merchandise or encounter other billing difficulties.” The CFPB’s rule that BNPL lenders are subject to and need […] - [Rapid Finance’s API-Supported Small Business (SMB) Disclosure Service Now Supports Kansas’ New Commercial Financing Disclosure Requirements ](https://thecreditunionconnection.com/rapid-finances-api-supported-small-business-smb-disclosure-service-now-supports-kansas-new-commercial-financing-disclosure-requirementsnbsp/): Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Kansas’ new commercial disclosure requirements that took effect July 1, 2024.   The passage of Senate Bill 345 makes Kansas the latest addition to a growing number of states across the U.S. that are adopting similar financing disclosure laws. California, New York, Virginia, Utah, Florida, Connecticut and Georgia have already passed state-specific laws that aim to standardize disclosures for commercial financing below a […] - [Nook Introduces Short-Form Video to Enhance Niche Experiences](https://thecreditunionconnection.com/nook-introduces-short-form-video-to-enhance-niche-experiences/): Nook proudly announces the launch of Nook Shorts, its new short-form video feature designed to enhance niche experiences for credit union members. Nook Shorts are embedded, 1–2 minute videos intended to engage, educate, and inspire viewers. Nook is continuously improving its Niche Experience Platform to boost member engagement and transforming written content into high-resolution, narrated video content is just one of many ways Nook plans to continue innovating credit union member experiences. “Nook’s mission has always been to provide innovative and engaging solutions that resonate with credit union members,” stated Austin Wentzlaff, Nook Co-Founder & CEO. “We’re thrilled to introduce […] - [Penny Finance Partners with Local Massachusetts Credit Unions to Reach Everyday People](https://thecreditunionconnection.com/penny-finance-partners-with-local-massachusetts-credit-unions-to-reach-everyday-people/): Penny Finance, women-first online financial mentorship platform based in Boston, MA, announces local partnership with two local institutions: Beverly Municipal Federal Credit Union, based in Beverly, MA, and Somerville Municipal Credit Union, based in Somerville, MA. 7 in 10 women in the US don’t have a financial advisor, someone who can keep their best financial interests in mind. We have personal trainers at the gym, teachers at school, and coaches at work. But who is looking out for women and their wallets? When women have access to Penny Finance, they get a financial mentor in their pockets. Credit unions have […] - [Landmark Credit Union announces opening of leading-edge branch in Oconomowoc](https://thecreditunionconnection.com/landmark-credit-union-announces-opening-of-leading-edge-branch-in-oconomowoc/): New branch is designed to meet the needs of its members for an elevated banking experience Landmark Credit Union today is opening its state-of-the-art branch in Oconomowoc, featuring the first Swiss-made, automated safe deposit box system in the United States. This new branch, located at 1391 Olympia Fields Drive, sets a new standard for banking convenience and security, embodying Landmark\’s commitment to making banking easy and accessible for its members. \”Combining the advantages of the latest technology and the support of our associates who are making the move, the new Oconomowoc branch will provide innovative solutions and exceptional service to our […] - [CoVantage Credit Union Goes Live With Scienaptic AI Platform to Transform Credit Underwriting](https://thecreditunionconnection.com/covantage-credit-union-goes-live-with-scienaptic-ai-platform-to-transform-credit-underwriting/): Deployment resulted in up to 22% increase in approvals and up to 48% increase in automation Leading global AI-powered credit underwriting platform provider, Scienaptic AI, announced today that CoVantage Credit Union has implemented its AI-powered credit underwriting platform and is now live. This deployment aims to enhance underwriting automation and improve the loan application process for CoVantage’s members while ensuring adherence to the principles of fairness and inclusivity and maintaining compliance with regulatory standards, which are integral to Scienaptic’s AI platform. Established in 1953, CoVantage Credit Union began its journey with just two employees in the basement of the now-defunct […] - [OTIS FCU Donates to Thirteen Local Food Pantries Through Ending Hunger Campaign](https://thecreditunionconnection.com/otis-fcu-donates-to-thirteen-local-food-pantries-through-ending-hunger-campaign/): Over the course of the 2023 calendar year, OTIS Federal Credit Union raised nearly $21,000 for the cause of Ending Hunger. Fundraising events hosted by the Credit Union included a Soup Day, Plant Sale, Yard Sale, and a Painting FUNdraiser. Additional funds for Ending Hunger were raised through sales of handmade crafts and afghans, candy and snacks, cellphone card holders, sunflowers, and movie passes. In addition, the Credit Union posted special graduate messages on their road sign for a donation of $10.00 per slide. A $5.00 donation was also made from every $25.00 Skip-A-Payment fee assessed on loans. Due to […] - [ILWU FCU and Columbine FCU Launch Mahalo’s Thoughtful Banking® Platform](https://thecreditunionconnection.com/ilwu-fcu-and-columbine-fcu-launch-mahalos-thoughtful-banking-platform/): Mahalo Banking today announced that Long Beach, Calif.-based ILWU Federal Credit Union (‘ILWU’) and Centennial, Colo.-based Columbine Federal Credit Union (‘Columbine FCU’) are now live on its enhanced Thoughtful Banking® platform. This cutting-edge platform offers the credit unions a streamlined interface with intuitive navigation capabilities. Thoughtful Banking delivers a mobile-optimized user experience with mirrored features across online and mobile banking. Members using the upgraded platform are able to modify account information and access banking features with ease, which enables greater self-service and reduces customer service calls for the credit union teams. Mahalo also empowers the credit unions and their members […] - [AMOCO Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/amoco-federal-credit-union-selects-upstart-for-personal-lending/): AMOCO Federal Credit Union (AMOCO), a Texas-based, member-owned cooperative organization with over 106,000 members and over $1.4 billion in assets, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. “AMOCO Federal Credit Union strives to be there for all of the financial needs of our members and the communities we serve,” said Jeremy Silva, Chief Financial Officer at AMOCO Federal Credit Union. \”AMOCO chose to partner with Upstart to provide a fast, convenient, all-digital personal lending experience that meets the expectations of our members […] - [Digital Align Inc. Achieves SOC 2 Type 2 Certification for Secure Automation Intelligence in Credit Unions and Community Banks](https://thecreditunionconnection.com/digital-align-inc-achieves-soc-2-type-2-certification-for-secure-automation-intelligence-in-credit-unions-and-community-banks/): Digital Align Inc., a leading automation intelligence platform for credit unions and community banks, is proud to announce that it has achieved SOC 2 Type 2 certification – the industry standard for organizations handling sensitive data. The certification was awarded after an independent audit by an external auditing firm. validating that Digital Align\’s security controls meet the SOC 2 criteria for security, availability, processing integrity, confidentiality, and privacy. Digital Align\’s platform empowers financial institutions to streamline operations, seamlessly integrate systems, and optimize workflows to enhance decision-making, and boosts internal adoption and efficiency. SOC 2 certification is essential for demonstrating robust […] - [DCUC 2024 Annual Conference: Day Two Recap](https://thecreditunionconnection.com/dcuc-2024-annual-conference-day-two-recap/): The Defense Credit Union Council (DCUC) continued its Annual Conference on Tuesday, August 13, with its first keynote speaker presentation, DCUC Advocacy Update, and six sponsor breakout sessions. Prior to starting its first general session, DCUC hosted a “Mingle with Mocktails” networking event, followed by DCUC’s “Welcome Lunch.” DCUC’s general session began with Colonel, USAF (Ret.), DeDe Halfhill’s keynote speaker presentation, “Leaders Connect.” During the presentation, Halfhill discussed common obstacles leaders face and how meaningful connection between leadership and their team can transform challenges into opportunities for growth and collective success. Afterward, DCUC’s President/CEO Anthony Hernandez, DCUC Chief Advocacy Officer […] - [Q2\'s New Consumer Survey Reveals People of All Ages Want Personalized Banking](https://thecreditunionconnection.com/q2s-new-consumer-survey-reveals-people-of-all-ages-want-personalized-banking-2/): More than 65 percent of consumers say they are comfortable with their financial institutions using their data to personalize their banking experiences and AI technology for fraud protection. Q2 Holdings Inc., a leading provider of digital transformation solutions for financial services, today announced the release of a new Harris Poll consumer report, The Personal Bank: Delivering personalized experiences across generations, which reveals consumers across generations have similar perspectives, behaviors and preferences about banking. The study, commissioned by Q2 and executed by The Harris Poll, provides insights on the state of consumer banking preferences among generations, including Gen Z (ages 18-26), Millennials […] - [Q2\'s New Consumer Survey Reveals People of All Ages Want Personalized Banking](https://thecreditunionconnection.com/q2s-new-consumer-survey-reveals-people-of-all-ages-want-personalized-banking/): More than 65 percent of consumers say they are comfortable with their financial institutions using their data to personalize their banking experiences and AI technology for fraud protection. Q2 Holdings Inc., a leading provider of digital transformation solutions for financial services, today announced the release of a new Harris Poll consumer report, The Personal Bank: Delivering personalized experiences across generations, which reveals consumers across generations have similar perspectives, behaviors and preferences about banking. The study, commissioned by Q2 and executed by The Harris Poll, provides insights on the state of consumer banking preferences among generations, including Gen Z (ages 18-26), Millennials […] - [Robins Financial Credit Union Donates $270,000 to Local Non-Profits](https://thecreditunionconnection.com/robins-financial-credit-union-donates-270000-to-local-non-profits/): Robins Financial Credit Union recently donated $270,000 to fourteen non-profit organizations through their annual Community Project.  Robins Financial Credit Union donates $270,000 to various non-profit organizations The Robins Financial Community Project was created as a way to provide financial assistance  to local non-profit organizations making a positive impact on various areas of the community.  These fourteen chosen non-profits were selected based on their contributions to causes such as  health, education, housing, hunger relief, military, and more.   Robins Financial Credit Union’s 2024 Community Project recipients include: • Boys & Girls Clubs of Metro Atlanta/Barksdale   • Central Georgia Technical College – Georgia […] - [Summit Credit Union Awarded on the Forbes America’s Best-in-State Credit Unions 2024 ](https://thecreditunionconnection.com/summit-credit-union-awarded-on-the-forbes-americas-best-in-state-credit-unions-2024nbsp/): Summit Credit Union, a member-owned financial cooperative, has been awarded on the Forbes list of America’s Best-In-State Credit Unions 2024. “We are thrilled to be awarded by Forbes as one of the best credit unions in Wisconsin, especially because the recognition reflects members’ experience with our branches, digital services and financial advice,” said Summit Credit Union CEO & President Kim Sponem. “What’s most important to Summit is the confidence members have in our service and expertise. That’s what makes this recognition so exciting.” The ranking is based on two sources: An Independent Survey: Approximately 26,000 U.S. residents were surveyed online. […] - [CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-contract-for-deed-investors-from-setting-borrowers-up-to-fail/): CFPB affirms that contracts for deed must comply with longstanding federal mortgage protections The Consumer Financial Protection Bureau (CFPB) today released an advisory opinion and research report on a form of home seller financing that is often referred to as contract for deed. Under contract-for-deed deals, the seller agrees to turn over a home’s deed only after the buyer completes a series of payments. The deals often have little oversight, and investment groups and other sellers can set a series of traps that leave buyers in unlivable homes, on the hook for tax liens and expensive repairs, and at risk […] - [Addition Financial Credit Union Named One of Forbes America’s Best-In-State Credit Unions 2024](https://thecreditunionconnection.com/addition-financial-credit-union-named-one-of-forbes-americas-best-in-state-credit-unions-2024/): Addition Financial Credit Union has been recognized on the Forbes list of America’s Best-In-State Credit Unions 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. America’s Best-In-State Credit Unions 2024 ranking lists the institutions that stood out for fulfilling the unique financial needs and expectations of their local communities thereby being most valued by residents of each state. The ranking is based on two sources: An Independent Survey: Approximately 26,000 U.S. residents were surveyed online. Participants were asked to name all credit unions where they have a checking/savings account and […] - [VyStar Credit Union Earns Top 10 Military Friendly® Company Designation for 2024](https://thecreditunionconnection.com/vystar-credit-union-earns-top-10-military-friendly-company-designation-for-2024/): VyStar Credit Union is proud to announce its recent recognition as a Gold Military Friendly® Company for 2024. This prestigious designation is awarded to organizations that have met or exceeded standards in at least three out of four critical areas of commitment to the military community. Military Friendly® evaluates companies based on their recruitment, hiring, and training of veterans (Military Friendly® Employers), recruitment, hiring, and training of military spouses (Military Spouse Friendly Employers®), support of Veteran-Owned Businesses (Military Friendly® Supplier Diversity Programs), and commitment to military consumer protections and positive brand reputation within the military community (Military Friendly® Brands). \”It […] - [The CRA: Good Intentions, Poor Execution](https://thecreditunionconnection.com/the-cra-good-intentions-poor-execution/): Jake Cooke, writer for The Credit Union Connection We know the Community Reinvestment Act (CRA) requires federal banking regulators to encourage financial institutions to help meet the credit needs of the communities they operate in, including low-income and moderate income neighborhoods.  What you might not be aware of is that Sen. Elizabeth Warren (D-Mass.) has introduced a bill to apply the CRA requirements to credit unions. A basic outline of the legislation introduced by Sen. Warren includes: Extend eligibility for VA home loans for first-time buyers Increase investments in key housing programs, including the Public Housing Capital Fund, the Native […] - [Citadel Credit Union Named One of America\'s Best Regional Banks and Credit Unions of 2024](https://thecreditunionconnection.com/citadel-credit-union-named-one-of-americas-best-regional-banks-and-credit-unions-of-2024-2/): This survey of over 35,000 individuals included over 140,000 reviews of regional banks and credit unions Citadel Credit Union, a leading credit union serving the Greater Philadelphia area, was recently recognized as one of America\’s Best Regional Banks and Credit Unions of 2024 by Newsweek and Plant-A Insights Group. The recognition highlights Citadel\’s commitment to delivering financial wellness and opportunity to the communities it serves. Citadel has long been committed to providing its members with superior financial products and services. This award underscores Citadel\’s ongoing efforts to leverage cutting-edge technology and personalized service to meet the diverse needs of its […] - [Citadel Credit Union Named One of America\'s Best Regional Banks and Credit Unions of 2024](https://thecreditunionconnection.com/citadel-credit-union-named-one-of-americas-best-regional-banks-and-credit-unions-of-2024/): This survey of over 35,000 individuals included over 140,000 reviews of regional banks and credit unions Citadel Credit Union, a leading credit union serving the Greater Philadelphia area, was recently recognized as one of America\’s Best Regional Banks and Credit Unions of 2024 by Newsweek and Plant-A Insights Group. The recognition highlights Citadel\’s commitment to delivering financial wellness and opportunity to the communities it serves. Citadel has long been committed to providing its members with superior financial products and services. This award underscores Citadel\’s ongoing efforts to leverage cutting-edge technology and personalized service to meet the diverse needs of its […] - [MAFCU Selects Spiral to Boost Community Impact and Member Savings Through Everyday Banking](https://thecreditunionconnection.com/mafcu-selects-spiral-to-boost-community-impact-and-member-savings-through-everyday-banking/): Mid-Atlantic Federal Credit Union adds Spiral to offer personalized banking experiences that make it easy for members to support their communities and grow their savings through everyday banking. Spiral, the award-winning personalized banking platform, today announced a partnership with Mid-Atlantic Federal Credit Union (MAFCU), a leading Maryland-based credit union renowned for its community support and charitable giving. This partnership will enable MAFCU to amplify its members\’ financial well-being and increase community support while amplifying member engagement and growing deposits through new personalized digital experiences. Members will be able to donate through a newly established online Giving Center and turn everyday […] - [United States Senate Federal Credit Union Appoints Ricardo Pineres as Chief Risk Officer](https://thecreditunionconnection.com/united-states-senate-federal-credit-union-appoints-ricardo-pineres-as-chief-risk-officer/): The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Ricardo Pineres as the new Chief Risk Officer, effective July 2024. With over 15 years of experience in the financial services industry, Ricardo brings a wealth of knowledge and expertise in legal, compliance, and regulatory matters to USSFCU. In his distinguished career, Ricardo has successfully led compliance teams at Navy Federal Credit Union, Capital One, and State Department FCU. He has also contributed his expertise to the legal teams at leading fintech companies, including PayPal and One. His comprehensive understanding of credit union and banking […] - [Tyfone Celebrates 100th Episode of Digital Banking Podcast with Industry Legend, Margarete Mucker](https://thecreditunionconnection.com/tyfone-celebrates-100thnbspepisode-of-digital-banking-podcast-with-industry-legend-margarete-mucker/): A pioneer of change, Star One Credit Union veteran shares her philosophy for driving innovation and impact Digital banking provider Tyfone today announced the release of the 100th episode of its “Digital Banking Podcast.” To celebrate this achievement, the podcast host and EVP of Evangelism at Tyfone Josh DeTar invited back one of its most popular guests, recently retired EVP of Operations from Star One Credit Union (Star One) Margarete Mucker. During the interview, DeTar and Mucker delved into the more pivotal moments of Mucker’s life story and how it shaped her approach to forming relationships with industry partners. Topics include her […] - [MDT Executes 90+ Fintech Integrations for Credit Unions in First Half of 2024](https://thecreditunionconnection.com/mdt-executes-90-fintech-integrations-for-credit-unions-in-first-half-of-2024/): CUSO helps credit unions effectively bridge into the fintech ecosystem Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today shared that it has successfully completed over 90 fintech integrations for credit unions, spanning multiple areas of service and capabilities, in the first half of the year. As the fintech ecosystem grows increasingly complicated and crowded, MDT offers a wide range of digital-first products and consultative-style services to help credit unions. The company’s sophisticated integration work ensures that credit unions can securely connect […] - [The CU De Novo Collective Foundation announces the launch of the Louise Herring Fund to Support New Credit Union Charters](https://thecreditunionconnection.com/the-cu-de-novo-collective-foundation-announces-the-launch-of-the-louise-herring-fund-to-support-new-credit-union-charters/): Today marks a significant milestone in the credit union movement with the establishment of the Louise Herring Fund. Named in honor of Louise Herring, a pioneering advocate for the credit union movement, the fund aims to support the creation and growth of new credit union charters across the United States. \”Establishing the Louise Herring Fund is a tribute to Louise’s enduring legacy and her unwavering commitment to financial democracy and community service,\” said Denise Wymore, President/Chairman of the Board of the CU De Novo Collective Foundation. \”We are dedicated to carrying forward her vision by empowering new credit unions to […] - [Trellance Announces New Fair Lending Solution to Prepare Credit Unions for Audits](https://thecreditunionconnection.com/trellance-announces-new-fair-lending-solution-to-prepare-credit-unions-for-audits/): The NCUA has made it clear their auditors will be asking questions about fair lending practices this year – the Trellance Fair Lending Solution helps credit unions to be prepared Trellance today announced their Fair Lending Solution, designed to help credit unions identify potential issues prior to audits and prepare to answer auditors’ questions accordingly. The Solution reviews credit union data and identifies potential instances of: Disparate treatment by reviewing for notation of explicitly considered prohibited factors affecting protected ages, races and genders. Redlining by geocoding credit unions’ loan portfolios and mapping them against underserved zip codes. Disparate impact by […] - [DCUC’s Annual Conference Begins](https://thecreditunionconnection.com/dcucs-annual-conference-begins/): The Defense Credit Union Council’s (DCUC) Annual Conference is officially underway! Today, DCUC welcomed attendees and guests to this year’s event at the beautiful Vinoy Resort in St. Petersburg, Florida. To kick off the conference, participants were invited to compete in DCUC’s 2024 VADM Vincent Lascara Golf Tournament. DCUC’s annual golf tournament, sponsored by TruStage, continues a special tradition of camaraderie among credit unions while supporting DCUC’s 2024 Conference Charity of choice, USA Cares. This year’s golf tournament alone raised $1,370 in donations for USA Cares through the sale of gimme strings and mulligans. DCUC’s Annual Conference was first held […] - [Navigating the Path to Automated Decisioning](https://thecreditunionconnection.com/navigating-the-path-to-automated-decisioning-1/): Philip Paul, CEO and Founder, Cotribute In the dynamic landscape of financial services, credit unions face a constant push toward efficiency and innovation. With emerging technologies reshaping the industry, the journey toward automation and streamlined processes is not just a competitive advantage but a necessity. One crucial area where automation can yield significant benefits is in decision-making processes, particularly in account opening and loan applications. Leveraging technology can enhance productivity and reduce operational overhead. Although the benefits are clear, the challenge lies in the implementation—‘how’ to adopt technologies such as automated decisioning without disrupting existing operations or alienating employees and […] - [TruStage’s Rick Talks Inflation, Interest Rates and How it Will Hit Credit Unions](https://thecreditunionconnection.com/trustages-rick-talks-inflation-interest-rates-and-how-it-will-hit-credit-unions/): Jake Cooke, writer for The Credit Union Connection On Aug. 8, TruStage Chief Economist Steve Rick shared insights during TruStage’s Discovery2024 conference on economic trends, as well as what type of impact these trends could have, specifically on credit unions. Rick projected that a recession is not likely to occur in the near future, however, there are some factors that could trigger a recession, such as: An increase in energy prices The Federal Reserve keeping short-term Fed fund interest rates too high for too long Higher long-term interest rates As far as overall economic growth, Rick forecast growth at 1.8% […] - [North Island Credit Union Foundation Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/north-island-credit-union-foundation-looking-to-fund-innovative-teacher-projects/): Foundation Encourages San Diego County Teachers to Apply for a Project Grant North Island Credit Union Foundation encourages San Diego County teachers who have an innovative class project idea to apply for a credit union grant through its Teacher Grant program. Ten grants of $500 each will be awarded to local teachers in October in the fall program. The North Island Credit Union Foundation biannual grant program is available to full-time teachers in San Diego and Riverside County, or credit union members teaching in California, looking to fund special learning opportunities for their students. The project should have clearly defined […] - [The Credit Card Competition Act is no star for the NDAA Christmas Tree](https://thecreditunionconnection.com/the-credit-card-competition-act-is-no-star-for-the-ndaa-christmas-tree/): By Jake Cooke, writer for The Credit Union Connection “Swipe fees are the second highest operating cost, on average, for these [retail stores]. Only labor is a higher cost.” That according to Doug Kantor, general counsel of the National Association of Convenience Stores.  To combat interchange fees on merchants, which are intended to cover the cost and risk of fraud that card issuers like credit unions incur, Sen. Dick Durban (D-Ill.) and Sen. Roger Marshall (R-Kan.) introduced the Credit Card Competition Act. In a ploy to ramrod it through Congress, the legislation has been attached as an amendment to the […] - [First Capital FCU Supports Car Show at Bobcat Creamery!](https://thecreditunionconnection.com/first-capital-fcu-supports-car-show-at-bobcat-creamery/): On Saturday, August 10, 2024, First Capital Federal Credit Union participated in the Motor Menders Rod & Custom Cruise Night at the Bobcat Creamery. “Now that we have a branch in Manchester, this event was a great way for us to get out and meet our neighbors and fellow businesses,” said Lori Miller, Branch Manager. First Capital set up a table at the event complete with ‘plinko’ for the little, and big, kids to play. One of the items they could win was a free kiddie cone, which was a big hit. Staff were also on hand to share the […] - [Library of Congress Federal Credit Union Is a Library of Congress National Book Festival Friends Sponsor](https://thecreditunionconnection.com/library-of-congress-federal-credit-union-is-a-library-of-congress-national-book-festival-friends-sponsor/): The Library of Congress Federal Credit Union is proud to once again support the Library of Congress National Book Festival as a Friends Sponsor.  The 2024 National Book Festival will be held Saturday, August 24, from 9 am to 8 pm at the Washington Convention Center in Washington, DC. It will feature more than 90 authors, poets and writers in a range of formats — all celebrating the festival theme, “Books Build Us Up.”  This marks the17th year the Credit Union has supported the National Book Festival. \”We are honored to once again be a sponsor of the Library of […] - [Day Air Named Best Lending Institution in Dayton](https://thecreditunionconnection.com/day-air-named-best-lending-institution-in-dayton/): Day Air Credit Union is proud to announce that it has been named the Best Lending Institution in Dayton in the prestigious Best of Dayton contest hosted by Dayton.com. Additionally, Day Air was recognized as a finalist in two other highly competitive categories: Best Credit Union and Best Place to Work.  These accolades underscore Day Air’s unwavering commitment to the Miami Valley community, where the credit union was founded and has proudly served for 79 years. As a local financial institution, Day Air  understands the specific lending needs of residents across the region and remains dedicated to  providing exceptional financial solutions tailored to meet those needs.  “We […] - [California Credit Union Foundation Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/california-credit-union-foundation-looking-to-fund-innovative-teacher-projects/): California Credit Union Foundation encourages Los Angeles County teachers who have an innovative class project idea to apply for a credit union grant through its Teacher Grant program. Ten grants of $500 each will be awarded to local teachers in October in the fall program. The California Credit Union Foundation biannual grant program is available to full-time teachers in Los Angeles, Orange, San Bernardino and Ventura counties, or credit union members teaching in California, looking to fund special learning opportunities for their students. The project should have clearly defined learning objectives tied to students\’ academic needs, display creativity and benefit […] - [Navigating the Path to Automated Decisioning](https://thecreditunionconnection.com/navigating-the-path-to-automated-decisioning/): Philip Paul, CEO and Founder, Cotribute In the dynamic landscape of financial services, credit unions face a constant push toward efficiency and innovation. With emerging technologies reshaping the industry, the journey toward automation and streamlined processes is not just a competitive advantage but a necessity. One crucial area where automation can yield significant benefits is in decision-making processes, particularly in account opening and loan applications. Leveraging technology can enhance productivity and reduce operational overhead. Although the benefits are clear, the challenge lies in the implementation—‘how’ to adopt technologies such as automated decisioning without disrupting existing operations or alienating employees and […] - [Zeal Credit Union Names Chris Leitch Chief Financial Officer](https://thecreditunionconnection.com/zeal-credit-union-names-chris-leitch-chief-financial-officer/): Leitch will become CFO as Ron Boehnlein, EVP/CFO will be retiring in early 2025 Zeal Credit Union is pleased to announce Chris Leitch will be joining the executive team in the role of Chief Financial Officer as Ron Boehnlein, current EVP/CFO, will officially retire in early 2025 after 40 remarkable years of service to credit unions.   \”Chris is a welcome addition to our Senior Leadership Team\” said Julie Kreinbring, President/CEO at Zeal.  \”Chris brings an array of knowledge with an accounting, audit, and servant leadership background while offering a unique perspective to the role as a former examiner of credit […] - [Credit Union of America Selects NCR Atleos Allpoint Network to Expand Access to Cash](https://thecreditunionconnection.com/credit-union-of-america-selects-ncr-atleos-allpoint-network-to-expand-access-to-cash/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.5 billion-asset Credit Union of America (CUA) has joined Atleos’ Allpoint Network to strengthen its national reach and expand members’ access to cash and financial services. CUA has been supporting members and communities around the state and beyond for nearly 90 years. As the credit union continues to grow and expand geographically, it was looking for a way to provide members across the country with convenient physical touchpoints to withdraw cash and access other critical financial services. Atleos’ Allpoint Network enables CUA’s members […] - [NCUA Board Approves Proposed Rule to Standardize Data Submitted to Federal Financial Regulatory Agencies](https://thecreditunionconnection.com/ncua-board-approves-proposed-rule-to-standardize-data-submitted-to-federal-financial-regulatory-agencies/): The National Credit Union Administration Board unanimously approved, by notation vote, an interagency notice of proposed rulemaking that would establish data standards for certain information collections submitted to the NCUA and other financial regulatory agencies. The proposal is required by the Financial Data Transparency Act of 2022. It would promote interoperability of financial regulatory data across the agencies through the establishment of data standards for identifiers of legal entities and other common identifiers. Within two years of the final standards being established, the NCUA is required to issue a separate rule that adopts applicable data standards for certain information collected […] - [CUSO Announces New Hire and One Credit Union Announces Promotion](https://thecreditunionconnection.com/cuso-announces-new-hire-and-one-credit-union-announces-promotion/): InterLutions announced a new hire to its employee benefits solutions team, and Land of Lincoln Credit Union announced a promotion within one of its branches. New Hires InterLutions is pleased to announce the hiring of Sam Boore as Employee Benefits Executive. In this pivotal role, Boore will spearhead the delivery of InterLutions’ I-Care employee benefits solutions to credit unions, their employees, members, and business accounts. His work will involve identifying the unique needs of credit unions, providing tailored consultative solutions, and fostering long-term, mutually beneficial relationships. Royal Credit Union (Royal) announces Brook Jackson as Treasury Management Officer. In this position, […] - [LSCU & Affiliates Introduces Innovation Incubator and Inspires Progress at Second Annual VISION Conference](https://thecreditunionconnection.com/lscu-amp-affiliates-introduces-innovation-incubator-and-inspires-progress-at-second-annual-vision-conference/): This week, the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) hosted its second annual VISION Conference, held from August 7 – 9 at the Hilton Sandestin Beach Golf Resort & Spa in Miramar Beach, Florida. This conference has proven to be a space for credit unions to learn about new innovations, engage with thought leaders, and hear from keynote speakers who are embracing change and imagination. One of the new features of VISION was the Innovation Incubator, a unique opportunity to showcase four cutting-edge companies offering innovative solutions to address the evolving needs of the credit union […] - [TruStage Discovery2024 Coverage: How Credit Unions Can Safely Approach AI Strategy](https://thecreditunionconnection.com/trustage-discovery2024-coverage-how-credit-unions-can-safely-approach-ai-strategy/): Lydia Wedlock, writer for The Credit Union Connection Credit union leaders got an in-depth look into artificial intelligence and its growing role in the credit union industry during the TruStage Discovery2024 Conference. The Embracing AI panel was moderated by Filene Fellow and Finance Professor at DePaul University Lamont Black. The panel also featured Chief Strategy Officer at Municipal Credit Union George Chacon, CEO of SAVVI AI Maya Mikhailov, and VP/Chief Data Officer at BCU John Sahagian. Principles of AI AI is a technology that is still growing and evolving, and it’s easy to get scared and defensive when it comes […] - [$125,000 In Educator Support Available As SELCO Opens Application Period For Grants And Classroom Makeovers ](https://thecreditunionconnection.com/125000-in-educator-support-available-as-selco-opens-application-period-for-grants-and-classroom-makeoversnbsp/): Educators are invited to apply for SELCO’s new Regional Classroom Makeover initiative and vastly expanded Creative Educator Grant program from Aug. 15-Sept. 30 As educators increasingly dip into their own pockets to pay for classroom-related expenses, SELCO Community Credit Union will soon begin accepting applications for two programs that will combine to offer as much as $125,000 in classroom support across Oregon. Part of SELCO Steps Up, these educator-oriented programs include three Regional Classroom Makeovers, worth as much as $15,000 each, and the vastly expanded Creative Educator Grants that are worth as much as $2,500 for each recipient.  The application window will remain open […] - [Teachers Federal Credit Union Donates $340,000 To Cohen Children’s Medical Center ](https://thecreditunionconnection.com/teachers-federal-credit-union-donates-340000-tonbspcohen-childrens-medical-centernbsp/): Funds Will Support Life-Saving Medical Equipment, Clinical Care, and Research Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion assets and more than 460,000 members, proudly announced a $340,000 donation to Cohen Children’s Medical Center in New York. This generous contribution will support the hospital\’s greatest needs, including life-saving medical equipment, clinical care, and research.  The donation was presented by Brad Calhoun, President and CEO of Teachers Federal Credit Union, at a ceremony held at Cohen Children’s Medical Center. The funds were gratefully accepted by Dr. Jose Prince, Pediatric Chief of Surgery […] - [Starlight Selected as Winner of LSCU & Affiliates Second Annual Shark Tank Competition](https://thecreditunionconnection.com/starlight-selected-as-winner-of-lscu-amp-affiliates-second-annual-shark-tank-competition/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) recently recognized Starlight as the winner of the second annual Shark Tank, featured at the VISION Conference, held from August 7 – 9 at the Hilton Sandestin Beach Golf Resort & Spa in Miramar Beach, Florida. Last year’s winning company, Glide, saw their business triple after their Shark Tank victory. \”Starlight is thrilled to be named the second Shark Tank winner and we couldn’t have done this without the support and participation of the many credit unions in attendance at VISION,” expressed Shreenath Regunathan, Co-Founder of Starlight. \”We will […] - [Annual myCUmortgage Partner Conference Aimed at Transforming Partner Credit Unions into Mortgage Trailblazers](https://thecreditunionconnection.com/annual-mycumortgage-partner-conference-aimed-at-transforming-partner-credit-unions-into-mortgage-trailblazers/): Event answers the call of \”Mortgages Wanted\” by delivering industry insights, in-depth professional development and networking opportunities Across the country, credit unions are journeying into new frontiers of mortgage lending, and myCUmortgage is ready to make them home loan trailblazers during the 2024 myCUmortgage Partner Conference, scheduled October 15-17 in Dayton, Ohio. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. During this award-winning event, myCUmortgage\’s credit union partners come together to learn about the changing mortgage landscape and how to strategically help more credit union members with homeownership through technology, marketing and […] - [Affinity Federal Credit Union Strengthens Auto Lending Fraud Prevention with Point Predictive](https://thecreditunionconnection.com/affinity-federal-credit-union-strengthens-auto-lending-fraud-prevention-with-point-predictive/): New Partnership Leverages Advanced AI Technology to Safeguard Members and Streamline Lending Processes Affinity Federal Credit Union (\”Affinity\”) has announced a strategic partnership with Point Predictive, the leader in artificial intelligence (\”AI\”) consumer lending solutions. This collaboration aims to bolster Affinity\’s efforts to combat the increasing challenges of identity, income, and employment fraud while helping Affinity’s members get automotive loans easier and faster. Affinity, recently recognized on the Forbes list of America\’s Best Credit Unions for both New Jersey and New York, is dedicated to providing a holistic wellbeing experience for its members. In light of rising fraud risks, Affinity […] - [New Research Finds Lenders Have Opportunities to Improve the Home Loan Origination Customer Experience](https://thecreditunionconnection.com/new-research-finds-lenders-have-opportunities-to-improve-the-home-loan-origination-customer-experience/): A new report on the lending industry from Corporate Insight (CI) examines the loan origination experience from the perspective of actual borrowers, identifying new best practices, competitive gaps, and ways lenders can better serve consumers. The Lending Monitor: Mortgage Origination Study examines the loan origination experience using a consumer survey, in-depth interviews with active home buyers, and an examination of firm communications to identify the factors that influence lender selection and the overall borrower experience today. With an impending rate cut promising to drive new business, lenders would do well to understand the factors that matter most to potential customers […] - [PenFed Credit Union Announces Young Aviator Scholarship Winner](https://thecreditunionconnection.com/penfed-credit-union-announces-young-aviator-scholarship-winner/): U.S. Air National Guard Senior Airmen Grace Swarts awarded scholarship for academic excellence and service PenFed Credit Union today announced U.S. Air National Guard Senior Airmen Grace Swarts as the winner of a $10,000 scholarship to pursue her pilot\’s license. Swarts was selected for demonstrating academic excellence while serving in the military. The scholarship is administered by the EAA Aviation Foundation, Inc. \”Grace is a talented individual who embodies \’The Spirit of Aviation\’ and PenFed is proud to provide her with the necessary support to soar into the skies,\” said PenFed Credit Union President/CEO and PenFed Foundation CEO James Schenck. […] - [Eltropy\'s AI Heads to Shark Tank at LSCU VISION Conference ](https://thecreditunionconnection.com/eltropys-ai-heads-to-shark-tank-at-lscu-vision-conferencenbsp-2/): Eltropy Head of AI Products Saahil Kamath to demonstrate AI\’s transformative impact on Credit Union and Community Bank services and operations Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is proud to announce that Saahil Kamath, Head of AI Products, will be speaking today at the LSCU VISION Conference in Miramar Beach, Florida. Kamath will participate in the conference\’s innovative \”Shark Tank\” session, sharing insights on the incredible potential of generative AI in the credit union and community bank industry. The LSCU VISION Conference of Ideas and Innovation, known for bringing together thought leaders and innovators in […] - [Eltropy\'s AI Heads to Shark Tank at LSCU VISION Conference ](https://thecreditunionconnection.com/eltropys-ai-heads-to-shark-tank-at-lscu-vision-conferencenbsp/): Eltropy Head of AI Products Saahil Kamath to demonstrate AI\’s transformative impact on Credit Union and Community Bank services and operations Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is proud to announce that Saahil Kamath, Head of AI Products, will be speaking today at the LSCU VISION Conference in Miramar Beach, Florida. Kamath will participate in the conference\’s innovative \”Shark Tank\” session, sharing insights on the incredible potential of generative AI in the credit union and community bank industry. The LSCU VISION Conference of Ideas and Innovation, known for bringing together thought leaders and innovators in […] - [CFPB Takes Action Against Credit Repair Cloud and CEO Daniel Rosen for Enabling Credit Repair Companies that Harvest Illegal Fees](https://thecreditunionconnection.com/cfpb-takes-action-against-credit-repair-cloud-and-ceo-daniel-rosen-for-enabling-credit-repair-companies-that-harvest-illegal-fees/): Proposed order requires defendants to pay $3 million Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its lawsuit against Credit Repair Cloud and CEO Daniel A. Rosen for providing substantial assistance or support to credit repair businesses that charge illegal advance fees to consumers. The proposed order, if entered by the court, would impose a $2 million civil penalty against Rosen and a $1 million civil penalty against Credit Repair Cloud. The order would also require the company and Rosen to take steps to ensure credit repair companies using Credit Repair Cloud stop charging consumers […] - [First Capital Federal Credit Union Participates in National Night Out!](https://thecreditunionconnection.com/first-capital-federal-credit-union-participates-in-national-night-out/): On Tuesday, August 6, 2024, First Capital Federal Credit Union joined local law enforcement and other businesses at National Night Out in Dallastown, Dover, Manchester, and West Manchester Township. The goal is to educate people in the community about their neighbors, emergency personnel, and local businesses. “Building partnerships with other local businesses and giving back to our community is really important to us at First Capital,” said Tara Houser Minetos, Senior Vice President of Marketing. “National Night Out is always a lot of fun and a great way to foster relationships between law enforcement, businesses and the people they serve.” […] - [TopLine Credit Union Foundation Raises Over $62,000 at 8th Lawn Bowling Fundraiser](https://thecreditunionconnection.com/topline-credit-union-foundation-raises-over-62000-at-8th-lawn-bowling-fundraiser/): Proceeds used to award post-secondary education scholarships and community give-back TopLine Credit Union Foundation, a 501(c)(30 non-profit organization of local member-owned financial cooperative TopLine Financial Credit Union, raised over $62,000 at a recent lawn bowling fundraising event with proceeds to benefit students with costs of higher education and community non-profit partners. The eighth TopLine Credit Union Foundation charitable event took place at Brookview Golf Course and Lawn Bowling in Golden Valley, Minnesota on Thursday, July 18th, a beautiful warm and sunny day, with over 150 attendees and 41 sponsoring organizations from across the nation came together to enjoy lawn bowling, […] - [Teachers Federal Credit Union Appoints Scott Gyllensten As Chief Risk Officer](https://thecreditunionconnection.com/teachers-federal-credit-union-appoints-scott-gyllensten-as-chief-risk-officer/): Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion in assets and more than 470,000 members nationwide, proudly announces the appointment of Scott Gyllensten as its new Chief Risk Officer. In this role, Gyllensten will oversee all areas of Risk, Compliance, BSA, Legal, and Fraud for the credit union. His strategic leadership will be instrumental in enhancing the organization’s risk management framework, ensuring that Teachers maintains the highest standards of compliance and security amid its ongoing expansion. Gyllensten will play a pivotal role in our efforts to secure the financial wellbeing of […] - [Premier Members Credit Union Hosting Food Drive Month Of August](https://thecreditunionconnection.com/premier-members-credit-union-hosting-food-drive-month-of-august/): Premier Members Branches collecting food for local food pantries Premier Members Credit Union will be collecting donations for local food pantries during the entire month of August.  Visit your local Premier Members Credit Union branch, or their corporate offices in Broomfield to donate. Each branch chose a local food pantry to donate to ensure all donations stay local to that community. Premier Members Credit Union worked with the local food pantries and geared the food drive for the back-to-school timeframe, which is traditionally a difficult time for families financially.  Below are the branches and who they partnered with: “We always […] - [African-American Credit Union Coalition Georgia United Credit Union Foundation Announce HBCU Scholarship](https://thecreditunionconnection.com/african-american-credit-union-coalition-georgia-united-credit-union-foundation-announce-hbcu-scholarship/): Organizations Introduce the Dr. James Williams HBCU Scholarship The African-American Credit Union Coalition (AACUC) and the Georgia United Credit Union Foundation are proud to announce the Dr. James Williams HBCU Scholarship, honoring Georgia United’s first African American board member. This initiative aims to support the academic pursuits of students enrolled at Historically Black Colleges and Universities (HBCUs) by providing two $2,500 scholarships for the 2024-2025 academic year. “Georgia United Credit Union Foundation is committed to supporting schools, education and financial education, so partnering with AACUC to establish a new scholarship program to help create a pathway of success for students […] - [TransUnion Partners with Snowflake to Provide On-demand Access to Pseudonymized Credit Data](https://thecreditunionconnection.com/transunion-partners-with-snowflake-to-provide-on-demand-access-to-pseudonymized-credit-data/): TransUnion TruIQ Data Enrichment™ is now available via Snowflake Marketplace TransUnion (NYSE: TRU) today announced its partnership with Snowflake, the AI Data Cloud company, to launch TruIQTM Data Enrichment on Snowflake Marketplace. TruIQ Data Enrichment’s availability on Snowflake Marketplace will provide joint customers with unlimited, on-demand access to pseudonymized TransUnion credit data in the Snowflake AI Data Cloud.       The need for such a solution is clear. According to a recent Forrester Research survey, more than 85% of organizational cloud decision-makers say that cloud-native technology is essential to accelerating architecture modernization, achieving workload decentralization, or enabling platform-driven innovation. At the […] - [CFPB Report Finds Lenders Cramming Markup Fees and Confusing Terms into Solar Energy Loans](https://thecreditunionconnection.com/cfpb-report-finds-lenders-cramming-markup-fees-and-confusing-terms-into-solar-energy-loans/): Agency issues nationwide consumer advisory on predatory solar lending The Consumer Financial Protection Bureau (CFPB) today issued an issue spotlight finding that some residential solar lenders are misleading homeowners about the terms and costs of their loans, misrepresenting the energy savings they will deliver, and cramming markup fees into borrowers’ loan balances. The report describes how fees often increase loan costs by 30% or more above the cash price, and that lenders often misrepresent the impact of the federal tax credit for solar installations. These loans are generally facilitated by lenders in partnership with solar installers and door-to-door sales companies. […] - [Stephens Retiring as Wymar FCU CEO, Wheeler Named Successor](https://thecreditunionconnection.com/stephens-retiring-as-wymar-fcu-ceo-wheeler-named-successor/): Ronnie Stephens has announced his retirement as CEO of Wymar Federal Credit Union (Wymar) at the end of 2024. Stephens has served as President/CEO since April, 2016. The Board of Directors of Wymar has selected Cami Wheeler, current EVP of Wymar, as his successor. Cami will assume the role of CEO effective September 1, 2024 and Ronnie will maintain the title of President until his retirement. “I believe Cami is the right person at the right time to lead Wymar into the future.” said Stephens “She has the knowledge, experience and leadership skills to take Wymar to even greater heights. […] - [Registration Open for August 22 NCUA Webinar on Expanding Membership](https://thecreditunionconnection.com/registration-open-for-august-22-ncua-webinar-on-expanding-membership/): Join the Discussion to Learn More About Research, Marketing, and Outreach Credit unions looking to build membership and strengthen member engagement can get valuable information during a National Credit Union Administration webinar scheduled for August 22. Online registration for this webinar, “How to Retain and Expand Membership,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run one hour. Adam Stewart, Vice President of Strategic Growth, Marketing, and Relationship Management for the Pennsylvania State Employees Credit Union; and Jeff Margeson, Chief Retail Officer for State Department Federal Credit Union, will cover topics […] - [Altura Credit Union Named One of America’s Best Regional Banks and Credit Unions by Newsweek](https://thecreditunionconnection.com/altura-credit-union-named-one-of-americas-best-regional-banks-and-credit-unions-by-newsweek/): Altura Credit Union has been recognized as one of “America’s Best Regional Banks and Credit Unions 2024” by Newsweek magazine and market-data research firm Plant-A Insights Group. The award honors financial institutions demonstrating exceptional financial health, stability, lending practices, and Member satisfaction. Altura’s commitment to its Members and the communities they serve is reflected in its impressive score of four and a half out of five in the evaluation of nearly 9,440 financial institutions nationwide. Compared to other institutions, Altura ranked in the top 20% for financial stability and Member satisfaction. “This recognition is a powerful validation of Altura’s strength […] - [Valley First Credit Union Appoints Mary Roberts as New Chief Financial Officer](https://thecreditunionconnection.com/valley-first-credit-union-appoints-mary-roberts-as-new-chief-financial-officer/): Credit union taps industry veteran to bolsters its executive and finance teams Valley First Credit Union, a leading member-owned, not-for-profit financial cooperative with $1.02 billion in assets, is thrilled to announce the appointment of Mary Roberts as the new Chief Financial Officer (CFO). Serving over 80,000 members in vibrant and diverse communities, Valley First is committed to enhancing its financial services under Roberts\’ expert accounting and finance leadership. Roberts brings a wealth of experience from her recent tenure at Eagle Community Credit Union, where she excelled as interim CEO. Prior to that, she demonstrated exceptional financial acumen and strategic vision […] - [APEX 2024 Returns to Mohegan Sun: An Event of Learning, Networking, and Inspiration](https://thecreditunionconnection.com/apex-2024-returns-to-mohegan-sun-an-event-of-learning-networking-and-inspiration/): The CCUA and CULCT reunite to deliver a convention filled with innovation, education, and top-ranked keynote speakers The Cooperative Credit Union Association (CCUA) and the Credit Union League of Connecticut (CULCT) are set to host APEX 2024, for the fourth consecutive year.  Taking place from October 16-18, 2024, at Mohegan Sun Resort, APEX brings credit union leaders from across the Northeast and industry experts from around the globe for this premier event. The annual event, now a staple in Uncasville, Connecticut, keeps growing each year to meet the evolving industry, offering an improved convention experience. APEX 2024 will showcase a […] - [Chime Partners with NCR Atleos to Expand Brand Reach Across the United States](https://thecreditunionconnection.com/chime-partners-with-ncr-atleos-to-expand-brand-reach-across-the-united-states/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that Chime, has expanded its relationship with Atleos, entrusting its brand and cardholder experience to ATMs within Atleos’ Allpoint Network at more than 4,000 Walgreens stores across the country. Atleos’ Allpoint Network has provided reliable, secure, and scaled fee-free ATM access for Chime members since 2021. Today, Chime offers its members a network of more than 50,0002 fee-free ATMs, provided by Atleos’ Allpoint Network. Beginning in August, Atleos will begin branding ATMs at 4,000 Walgreens stores with the award-winning Chime brand to build greater awareness with consumers. “We are delighted to expand our relationship with Chime,” said […] - [Zest AI Debuts AI-Powered Fraud Detection for Lenders](https://thecreditunionconnection.com/zest-ai-debuts-ai-powered-fraud-detection-for-lenders/): Zest Protect helps lenders decision loans more confidently with accurate, holistic application fraud detection Zest AI today announced its new fraud detection solution, Zest Protect. Zest Protect quickly and accurately identifies fraudulent activity during the loan decisioning process, helping credit unions, banks and other lenders navigate the rising application fraud environment while safeguarding the borrower experience. The Federal Trade Commission estimates that consumer fraud losses in 2023 exceeded $10 billion while credit unions and community banks reported a 69% surge in fraud cases across consumer accounts. \”Lenders need to outsmart fraud, including an increasing volume of AI-driven fraud in the industry, […] - [Vizo Financial and MY CU Services Launch New Third-Party Wires Service](https://thecreditunionconnection.com/vizo-financial-and-my-cu-services-launch-new-third-party-wires-service/): Vizo Financial and its payments CUSO, MY CU Services, launched a new Third-Party Wires service this week, to offer credit unions the ability to process wire transfers through their Federal Reserve account using an online EFT platform. “We’re excited to launch this service and offer it to all credit unions, even those who aren’t members of Vizo Financial,” said Rodney May, Vizo Financial’s SVP/chief engagement officer. “We’re confident that this wires solution will be beneficial to credit unions because it allows them to utilize an online application to submit their wire transfers through their Federal Reserve account, which is more […] - [DCUC Sends Letter to Congress Outlining Priorities for FY2025 NDAA](https://thecreditunionconnection.com/dcuc-sends-letter-to-congress-outlining-priorities-for-fy2025-ndaa/): On August 6, 2024, the Defense Credit Union Council (DCUC) sent a letter to Senators Jack Reed (D-RI) and Roger Wicker (R-MS) and House of Representatives Mike Rogers and Adam Smith urging a clean markup of the 2025 National Defense Authorization Act (NDAA) once Congress reconvenes next month. In its letter, DCUC called on Congress members to protect the credit union industry’s tax exemption status by rejecting any attempt to insert language into the proposed NDAA that would open up the Federal Credit Union Act (FCUA) to amend the regulations to allow non-member deposits. DCUC reaffirmed its opposition to unnecessary […] - [AmFirst Donates 55,000 Meals to Alabamians](https://thecreditunionconnection.com/amfirst-donates-55000-meals-to-alabamians/): AmFirst announced today that it provided 55,000 meals to Alabamians during the month of July through the Feeding Families Across Alabama Food Drive. The drive was  undertaken in partnership with the Community Food Bank of Central Alabama and Sinclair Broadcasting.  AmFirst collected nearly 18,000 pounds of food for the drive across all participating branches. The credit union  also presented a gift of $10,000 to the Community Food Bank of Central Alabama, funding 40,000 additional  meals.  Bill Connor, President & CEO of AmFirst, expressed gratitude for the support the food drive received, saying,  \”We are thrilled by the outpouring of donations […] - [Trellance Partners with Wescom Resources Group to Deliver a Full, Managed IT Stack to Credit Unions](https://thecreditunionconnection.com/trellance-partners-with-wescom-resources-group-to-deliver-a-full-managed-it-stack-to-credit-unions/): The partnership will allow both companies to better meet the needs of the credit unions they serve Trellance, a leading technology partner providing innovative analytics, cloud and talent solutions to credit unions, has partnered with Wescom Resources Group (WRG) in order to provide credit unions with core processing and automation solutions.  WRG, a wholly owned CUSO of Wescom Central Credit Union, provides data management and processing services, including managed core solutions, to credit unions and other financial institutions. By partnering with Trellance, who provides managed IT services, the partnership will be able to better meet the needs of credit unions […] - [Corporate Central Proudly Sponsors Tunnel to Towers Run & Walk Event, Honoring Heroes and Supporting Communities](https://thecreditunionconnection.com/corporate-central-proudly-sponsors-tunnel-to-towers-run-amp-walk-event-honoring-heroes-and-supporting-communities/): Corporate Central is honored to have been the main sponsor of a recent Tunnel to Towers Run & Walk event, demonstrating commitment to supporting the heroes who have served our nation and our communities. The event, which took place on Saturday, August 3 in Muskego, WI, saw participants from all walks of life come together to honor the sacrifices made by first responders and military personnel in the line of duty. The Tunnel to Towers Foundation, inspired by the heroism of New York firefighter Stephen Siller who lost his life in the towers on September 11, 2001, provides mortgage-free homes […] - [Vizo Financial’s 11th Annual Hot Dog Eating Contest Brings in $13,000 for Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/vizo-financials-11th-annual-hot-dog-eating-contest-brings-in-13000-for-childrens-miracle-network-hospitals/): Now in its eleventh year, Vizo Financial’s 2024 Hot Dog Eating Contest featured a ’90s twist, an outpouring of support for Children’s Miracle Network (CMN) Hospitals and a grand total of $13,000 raised for Penn State Health Children’s Hospital in Hershey, Pa. The contest took place on July 18, 2024, with 29 sponsors, ten contestants, one Miracle Family and three top prizes.  The contest was held via Zoom and began with a few words from CMN Hospitals’ representative, Erika Zaborny-Myers. Also joining the contest was Miracle Child, Jake Petrone, and his mom, Kari Anne Petrone, to speak about the support […] - [SRM Releases Report on the Impact of FedNow and the Outlook for Instant Payments in the United States](https://thecreditunionconnection.com/srm-releases-report-on-the-impact-of-fednow-and-the-outlook-for-instant-payments-in-the-united-states/): SRM, an independent advisory firm serving financial institutions across North America and Europe, released its new report titled \”Examining the First Year of FedNow & the State of Instant Payments.\” It has been just over a year since Federal Reserve Financial Services launched its FedNow® Service to provide a new set of instant payment rails. The Fed\’s move set a wave of bank and credit union activity in motion, empowering financial institutions to understand their payment options better and explore potential use cases for business and consumer clients. The anniversary of FedNow\’s launch presents an opportunity to assess the outlook […] - [Louisiana’s Largest Credit Union, Barksdale Federal Credit Union Selects Scienaptic’s AI-powered Credit Underwriting Platform](https://thecreditunionconnection.com/louisianas-largest-credit-union-barksdale-federal-credit-union-selects-scienaptics-ai-powered-credit-underwriting-platform/): Scienaptic AI, a leading global provider of AI-powered credit underwriting platforms, announced today that Louisiana-based Barksdale Federal Credit Union, serving over 164,000 members, has selected its platform to expand credit access for its member community. Scienaptic’s regulatory-compliant AI platform will enable Barksdale FCU to make sharper risk predictions, automate decisions, and offer more inclusive lending to its members. Founded in 1954, Barksdale Federal Credit Union was established to serve military and civilian personnel at Barksdale Air Force Base in Bossier City. While continuing to support the men and women of the base and their families, Barksdale Federal now serves over […] - [Wescom Credit Union Announces Elimination of Non-Sufficient Funds (NSF) Fees on Checking Accounts](https://thecreditunionconnection.com/wescom-credit-union-announces-elimination-of-non-sufficient-funds-nsf-fees-on-checking-accounts/): Effective August 01, 2024, Wescom, one of the largest community credit unions in California, is no longer charging Non-Sufficient Funds (NSF) fees. Commonly charged by most big banks and credit unions, a NSF fee is charged when a check or Automated Clearing House (ACH) is presented for payment but there is an insufficient available balance in the account and the item is returned unpaid. “At Wescom, we believe in doing what is right for our members – they always come first,” remarked Ralph Bautista, Vice President Deposit Operations at Wescom Credit Union. “With this in mind, we have decided to […] - [Constellation Partners with SavvyMoney to Offer Enhanced Credit Decisioning, Analytics and Financial Wellness Solutions to Constellation Digital Banking Platform Users](https://thecreditunionconnection.com/constellation-partners-with-savvymoney-to-offer-enhanced-credit-decisioning-analytics-and-financial-wellness-solutions-to-constellation-digital-banking-platform-users/): Leading cloud-native digital banking services provider Constellation Digital Partners (Constellation) announced its recent partnership with SavvyMoney, a leading provider of personalized financial management tools. Through this partnership, Constellation Digital Banking platform users will have access to SavvyMoney’s powerful toolsets and guidance to help gain better insights and improve the credit standing and financial health of their members. SavvyMoney’s industry-leading credit scoring solutions and robust analytics provide real-time data for better, faster decisioning and its interactive digital tools and personalization capabilities help community FIs support the financial wellness of their customers and members and foster deeper, more meaningful relationships. The Constellation […] - [Affinity Foundation Announces 2024 Scholarship Winners](https://thecreditunionconnection.com/affinity-foundation-announces-2024-scholarship-winners/): Six New Jersey-based students were awarded scholarships to pursue their higher-education objectives The Affinity Foundation has announced the recipients of its 2024 higher education scholarship program. Since its founding in 2005, this initiative has supported student members of Affinity Federal Credit Union in their pursuit of two- or four-year degrees. Each spring, the Affinity Foundation evaluates applicants based on academic performance, community engagement, and local leadership. “It’s been an honor to continue this program and connect with such amazing students,” said Kelly Watts, Executive Director of the Affinity Foundation. “This year, the Foundation was inspired by our impressive pool of […] - [Texans Credit Union Launches Atomic Solutions Platform with Alkami Technology to Enhance Member Financial Capabilities](https://thecreditunionconnection.com/texans-credit-union-launches-atomic-solutions-platform-with-alkami-technology-to-enhance-member-financial-capabilities/): Texans Credit Union (Texans), a premier credit union in North Texas, proudly announces the launch of Atomic Financial\’s (Atomic) direct deposit switching solution in partnership with Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S. This integration seamlessly incorporates Atomic\’s market-leading technology and Alkami\’s Digital Banking Platform, empowering Texans\’ members to manage and transition their direct deposits with enhanced efficiency through their payroll providers. Members can now independently initiate changes without the involvement of HR representatives. The product enables the credit union to benefit from a streamlined, fully digital process to set up […] - [ModernFi Announces the Formation and Funding of ModernFi CUSO to Support Credit Union Deposit and Member Growth](https://thecreditunionconnection.com/modernfi-announces-the-formation-and-funding-of-modernfi-cuso-to-support-credit-union-deposit-and-member-growth/): With funding led by Curql Collective and Members Development Company (MDC), ModernFi CUSO is focused on supporting and scaling the first deposit network for credit unions, ensuring credit unions can continue to grow and thrive while having direct ownership in their foundational infrastructure ModernFi, the leading technology provider of deposit management for financial institutions, is proud to announce the formation and funding of ModernFi CUSO, a credit union service organization (CUSO), to support and scale the first deposit network for credit unions. As a CUSO, an entity partially owned by credit unions and exclusively serving credit unions, ModernFi CUSO reaffirms […] - [Sound Credit Union Raises $16,000 for Financial Beginnings in Annual Charity Auction](https://thecreditunionconnection.com/sound-credit-union-raises-16000-for-financial-beginnings-in-annual-charity-auction/): Sound Credit Union (Sound) is proud to announce the results of its annual charity auction benefiting Financial Beginnings, – a nonprofit dedicated to strengthening communities through inclusive financial education empowering youth and adults to take control of their financial future. Sound team members, business partners, and the community came together to procure over 70 items. The final amount raised through this event was $16,000. ”Financial education is a top priority at Sound,” said Jennifer Reed, VP of Public Relations at Sound Credit Union. “Our employees and partners are honored to support Financial Beginnings. Together, we are committed to providing those […] - [Verity Credit Union Awarded US Treasury Grant to Mitigate Predatory Lending](https://thecreditunionconnection.com/verity-credit-union-awarded-us-treasury-grant-to-mitigate-predatory-lending/): Small Dollar Loan (SDL) Program Helps CDFIs Expand Access to Affordable Loans to Communities Historically Underserved by Financial Institutions  Verity Credit Union, a leading $859 million asset financial institution in Seattle focused on socially responsible, community-rooted banking, announced today that it has received a $383,223 grant from the Small Dollar Loan (SDL) program administered by the US Treasury. This program empowers Certified Community Development Financial Institutions (CDFIs) like Verity to expand access to mainstream financial organizations for unbanked and underbanked communities, helping them build credit, and providing an alternative to high-cost small dollar lending.  Verity joins other Community Development Financial Institutions […] - [Citadel Credit Union Hires Community Lending Officer](https://thecreditunionconnection.com/citadel-credit-union-hires-community-lending-officer/): Citadel Credit Union is pleased to announce the appointment of Kelbin \”KC\” Carolina as the company\’s new Community Lending Officer, effective August 2, 2024. The addition of this position, which is being filled via internal promotion, underscores Citadel\’s commitment to ensuring broader representation across its footprint with a focus on underserved communities. In this role, Mr. Carolina will proactively identify, develop, and maintain a quality network of community and business relationships that serve as a source of referrals for new mortgage lending opportunities. The primary focus of these efforts will be in majority-minority census tracts within the communities Citadel serves. […] - [Westerra Credit Union Ushers In 2024-25 School Year by Continuing Established Connections, Launching Financial Literacy Program](https://thecreditunionconnection.com/westerra-credit-union-ushers-in-2024-25-school-year-by-continuing-established-connections-launching-financial-literacy-program/): With the 2024-25 school year beginning this month, Westerra Credit Union continues its commitment to local schools through several initiatives, including the launch of the Westerra Financial Literacy (WFL) Program. “The goal of our WFL Program is to empower members, local schools and the greater Denver community with resources and education to navigate our constantly changing, and sometimes confusing, financial times,” said Kristina Shaw, Vice-President of Corporate Communications at Westerra. “Also, since we know our members and community learn in different ways, the WFL specifically features diverse learning methods, including virtual seminars, in-person presentations and digital tools.”  As part of […] - [UFCU Launches Mobile Branch to Enhance Inclusion and Access to Financial Services](https://thecreditunionconnection.com/ufcu-launches-mobile-branch-to-enhance-inclusion-and-access-to-financial-services/): The first of its kind in Central Texas, the new UFCU Mobile Branch takes financial products, services, education, and community support to underbanked communities. Today, UFCU (University Federal Credit Union) kicks off its \”Howdy Tour\” and launches its innovative new Mobile Branch, the first of its kind in Central Texas. The UFCU Mobile Branch is focused on increasing access in traditionally underbanked communities.   A component of the company\’s ongoing efforts to provide access to capital, education, and resources, the UFCU Mobile Branch extends the credit union\’s financial products, services, and educational resources to geographical areas with limited or no […] - [Revolutionizing Credit Union Marketing: The AI-Driven Approach to Deposit and Loan Growth](https://thecreditunionconnection.com/revolutionizing-credit-union-marketing-the-ai-driven-approach-to-deposit-and-loan-growth/): By Preetha Pulusani, CEO, DeepTarget Credit unions face mounting challenges in attracting deposits and originating loans as the financial landscape rapidly evolves. The competition is fierce, and traditional marketing methods are no longer sufficient to capture the attention of increasingly digital-savvy consumers and their changing expectations. A paradigm shift is occurring in the world of marketing strategy as credit unions strive to maintain their market share and drive growth. Credit unions must innovate and adapt or risk losing relevance in an increasingly digital financial world. Effectively attracting deposits and originating loans has become more than just a business objective—it\’s now […] - [Weeding Out Veep Candidates on the New Harris Democratic Presidential Ticket](https://thecreditunionconnection.com/weeding-out-veep-candidates-on-the-new-harris-democratic-presidential-ticket/): By Geoff Bacino, Bacino & Associates Two significant events contributed to upending the presidential race. First, former President Trump was shot at while speaking before a rally in Pennsylvania. He survived and the Republican Convention, held just three days after the assassination attempt, was a show of unity. Even former Trump rivals Nikki Haley and Ron DeSantis gave full-throated support to the former President. The race took an even bigger turn on Sunday, July 21, when President Biden announced that he would not be running for re-election and was throwing his support to Vice President Harris. While he had been […] - [First Commonwealth Federal Credit Union - Provides Notice of Data Security Incident](https://thecreditunionconnection.com/first-commonwealth-federal-credit-union-provides-notice-of-data-security-incident/): First Commonwealth Federal Credit Union (\”First Commonwealth\”) is a credit union located in Lehigh Valley, Pennsylvania, which experienced a data security incident that may have involved personal information belonging to certain individuals who are either current, or former, members. First Commonwealth is sending notification of this incident via U.S. Mail to potentially impacted individuals and provided resources to assist them. However, First Commonwealth after a diligent search was not readily in possession of mailing addresses for all potentially impacted individuals, and accordingly, this notice is being provided for the benefit of those individuals that could not be contacted via U.S. Mail. […] - [Municipal Credit Union Receives \'Best & Brightest\' Company Certification from National Association for Business Resources](https://thecreditunionconnection.com/municipal-credit-union-receives-best-amp-brightest-company-certification-from-national-association-for-business-resources-2/): MCU recognized among New York\’s best employers for workplace culture, compensation, benefits, wellness initiatives, leadership, and more Municipal Credit Union (MCU), Metro New York\’s largest credit union, has been recognized as one of New York\’s Best & Brightest Companies to Work For® by the National Association for Business Resources (NABR). This certification underscores MCU\’s commitment to fostering an outstanding workplace environment and excellence in human resource practices. MCU is one of only 10 companies in New York State to receive this honor this quarter, highlighting its exceptional efforts to foster a positive and productive workplace. The Best & Brightest Companies […] - [Municipal Credit Union Receives \'Best & Brightest\' Company Certification from National Association for Business Resources](https://thecreditunionconnection.com/municipal-credit-union-receives-best-amp-brightest-company-certification-from-national-association-for-business-resources/): MCU recognized among New York\’s best employers for workplace culture, compensation, benefits, wellness initiatives, leadership, and more Municipal Credit Union (MCU), Metro New York\’s largest credit union, has been recognized as one of New York\’s Best & Brightest Companies to Work For® by the National Association for Business Resources (NABR). This certification underscores MCU\’s commitment to fostering an outstanding workplace environment and excellence in human resource practices. MCU is one of only 10 companies in New York State to receive this honor this quarter, highlighting its exceptional efforts to foster a positive and productive workplace. The Best & Brightest Companies […] - [SECU Foundation Marks 20 Years of Impactful Giving to North Carolina Communities in All 100 Counties](https://thecreditunionconnection.com/secu-foundation-marks-20-years-of-impactful-giving-to-north-carolina-communities-in-all-100-counties/): Over $300 million committed for education, housing, healthcare, and human services SECU Foundation is celebrating a significant milestone – marking its 20-year anniversary of impactful funding in support of its mission to help identify and address large scale community issues and to promote local and community development in North Carolina. To date, the largest charitable organization in the credit union industry has committed over $300 million in scholarships, grants, and loans to benefit North Carolinians in all 100 counties of the state. One of the most remarkable aspects of SECU Foundation’s work is the overwhelming support it receives from the […] - [Member Access Processing (MAP) Partners with Palmetto Citizens Federal Credit Union](https://thecreditunionconnection.com/member-access-processing-map-partners-with-palmetto-citizens-federalcredit-union/): Member Access Processing(MAP), a Credit Union Service Organization (CUSO) today announced that Palmetto Citizens Federal Credit Union ($1.3 billion in assets located in Columbia, SC) has chosen MAP for its debit and credit card processing. Palmetto Citizens Federal Credit Union serves more than 83,000 members across South Carolina and proudly supports local charities, schools, and community organizations. \”By partnering with Member Access Processing for our debit and credit card processing we reinforce our dedication to providing the best service to our members,” said Michael Beam, Chief Operating Officer of Palmetto Citizens Federal Credit Union. “We chose Member Access Processing because […] - [NCUA Express: Register Now for NCUA’s August 21 DEI Webinar](https://thecreditunionconnection.com/ncua-express-register-now-for-ncuas-august-21-dei-webinar/): The National Credit Union Administration will host a webinar on August 21 highlighting the importance of a DEI strategic plan and the tools to enhance DEI in the workplace. Online registration for this webinar, “Sustain DEI Through Your DEI Strategic Plan, Part 2” is now open. The webinar is scheduled to begin at 1 p.m. Easternand is expected to run until 2:30 p.m. Natasha Hewlett Mann, NCUA Credit Union Diversity Program Manager, will host the webinar. Dr. Mary Clisbee, CEO Tellus Mater International, and Jim Pfautz, Chief Solutions Architect, Tellus Mater International, are guest speakers. A DEI strategic plan can […] - [Velera Introduces IDCheck to Help Combat Identity and Account Takeover Fraud](https://thecreditunionconnection.com/velera-introduces-idcheck-to-help-combat-identity-and-account-takeover-fraud/): Velera today announced the introduction of IDCheck by Co-op. Now available for the Co-op Shared Branch network, the solution protects members’ identities and facilitates authentication, providing a member experience that is both seamless and secure, while also helping protect credit unions’ bottom lines. “With the increase in digital capabilities and payments offerings, the potential for fraud will also continue to grow,” said Amy Evans, SVP, Strategic Network Solutions for Velera. “IDCheck supports an omnichannel fraud fighting and prevention strategy to safeguard credit unions and their members participating in Co-op Shared Branch.” IDCheck helps protect members by authenticating their identity via […] - [Town & Country Credit Union Selects Kalli Schell as President/CEO](https://thecreditunionconnection.com/town-amp-country-credit-union-selects-kalli-schell-as-presidentceo/): The Board of Directors of Town & Country Credit Union is pleased to announce the appointment of Kalli Schell as the credit union’s new President/Chief Executive Officer. “The CEO search and interviews had many qualified applicants in consideration for the CEO position. The Board is excited to announce Kalli Schell as the new President/CEO,” said Jan Kostad, Board Chair. “Kalli’s extensive knowledge of Town and Country operations along with her vision and plan for the Organization makes Kalli the right candidate to lead our credit union forward for many years to come and serve our members well.” Schell is a […] - [Artificial Intelligence Terms You Need to Know!](https://thecreditunionconnection.com/artificial-intelligence-terms-you-need-to-know/): David Savoie, CEO, LaCorp Artificial Intelligence (AI) is one of the most talked-about topics among credit unions today in both the technology and business arenas. AI-based technology is impacting nearly all industries, and credit unions are no exception. Most experts feel we are at the earliest stage of AI-driven innovations in business. Whether your credit union has adopted or plans to adopt AI enhancements in the near term, everyone in a management or public-facing position in credit unions should have a working knowledge of basic AI terminology. The Credit Union Connection has partnered with igniteFI to host a unique webinar […] - [Everwise Appoints Lyndsay H. Miller as Chief Legal + Risk Officer](https://thecreditunionconnection.com/everwise-appoints-lyndsay-h-miller-as-chief-legal-risk-officer/): Everwise Credit Union is pleased to announce that Lyndsay H. Miller has been named to the newly created role of Chief Legal + Risk Officer. Miller assumed her new position earlier this month. In her role, Miller will lead the organization’s overall corporate legal function, compliance, and enterprise-wide risk management. Miller brings to Everwise 20 years of experience as an attorney in the financial services industry, including invaluable work with credit unions and regulatory organizations. Most recently, she served as Assistant General Counsel and Corporate Secretary at Federal Home Loan Bank in Indianapolis. In this position, Miller supported the FHLBI’s […] - [NCUA Prohibits Two Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-two-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration in July 2024 permanently prohibited two individuals from participating in the affairs of any federally insured depository institution. Prohibition Orders: Jose Prado-Valero, a former employee of Financial Center First Credit Union in Indianapolis, Indiana Tracy H. Thibodeau, a former employee of Vermont VA Federal Credit Union in White River Junction, Vermont An Order of Prohibition prohibits a party from ever working for a federally insured depository institution. In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit […] - [PenFed Credit Union Finishes Second Quarter with Increased Liquidity and Capital](https://thecreditunionconnection.com/penfed-credit-union-finishes-second-quarter-with-increased-liquidity-and-capital/): PenFed Credit Union, the nation\’s second-largest federal credit union, finished the first half of 2024 with increased liquidity and capital. PenFed also finished the first half with nearly 3 million members, $33.5 billion in assets and over $3 billion in regulatory net worth. \”We are ahead of our 2024 business plan and continue to execute on our key priorities of building liquidity and capital,\” said PenFed President and CEO James Schenck. \”PenFed is proud to deliver on our promise to members by paying top dollar on certificates. During the first half of 2024, PenFed paid out $422 million in member dividends, […] - [Velera Recognized as One of America’s Best Employers for Women by Forbes](https://thecreditunionconnection.com/velera-recognized-as-one-of-americas-best-employers-for-women-by-forbes/): Velera – formerly PSCU/Co-op Solutions, has been named to the Forbes list of America’s Best Employers for Women 2024. Velera is one of 600 companies included on the list, ranking in the top 200 of employers overall and the top 15 in the Banking and Financial Services industry.   This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. America’s Best Employers for Women were identified in an independent survey from a vast sample of over 150,000 women working for companies employing at least 1,000 people within the U.S. from all industry […] - [Auto Financial Group and CU*Answers Launch Integration](https://thecreditunionconnection.com/auto-financial-group-and-cuanswers-launch-integration/): Auto Financial Group (AFG), announced today that the integration between CU*Answers, a Credit Union Service Organization (CUSO) and a cooperative corporation headquartered and incorporated in Grand Rapids, Michiganand the AFG Residual Value and Payment Quoting calculator is live. CU*Answers\’ integration with Auto Financial Group allows balloon loan and member data to seamlessly flow between CU*Base, the CUSO\’s core processing platform, and the AFG Calculator and enables automatic updates to balloon loan applications in CU*Base directly from the AFG Calculator, streamlining the loan origination process. The integration will further provide greater efficiency in implementing AFG\’s Balloon Lending Program for financial institutions using […] - [CCUA’s New Hampshire Credit Unions Raise $200,000 for Make-A-Wish NH, Surpassing $3.8 Million in Total Donations](https://thecreditunionconnection.com/ccuas-new-hampshire-credit-unions-raise-200000-for-make-a-wish-nh-surpassing-38-million-in-total-donations/): The Cooperative Credit Union Association (CCUA)’s New Hampshire Credit Unions have reached a remarkable milestone in their social responsibility efforts, supporting Make-A-Wish New Hampshire with a total surpassing $3.8 million raised. This achievement includes this year’s impressive $200,000 donation, presented at the annual golf tournament held on June 13th. Throughout the year, New Hampshire’s credit unions engaged in various fundraising activities, including candy and calendar sales, a radiothon, a holiday auction, and culminating with the Richard D. Mahoney charitable golf tournament. These initiatives reflect the credit unions\’ deep commitment to social responsibility and their community. “Our New Hampshire credit unions […] - [OTIS FCU Donates to Spruce Mountain Ski Area for Lodge Renovations](https://thecreditunionconnection.com/otis-fcu-donates-to-spruce-mountain-ski-area-for-lodge-renovations/): OTIS Federal Credit Union has donated $10,000 to Spruce Mountain Ski Area, located in Jay. This donation brings Spruce Mountain closer to its goal of raising $25,000 to have Maine Cabin Masters renovate the ski lodge (“The Barn”). The renovation work will include improvements such as replacing doors and windows, updating the kitchen area, and converting the second floor into a usable space. The Maine Cabin Masters team will begin this renovation project around the beginning of September and plans to finish by Christmas. The partnership between Spruce Mountain and Maine Cabin Masters to renovate the lodge came together in […] - [equipifi Introduces Pre-Purchase to BNPL Platform for Financial Institutions](https://thecreditunionconnection.com/equipifi-introduces-pre-purchase-to-bnpl-platform-for-financial-institutions/): equipifi, the leading Buy Now, Pay Later (BNPL) platform for banks and credit unions, has launched Plan Your Purchase, its pre-purchase BNPL solution. This new feature enables financial institutions to provide account holders with flexible financing prior to making a purchase, and expands consumer choice in managing their cash flow throughout the shopping journey. Plan Your Purchase allows eligible account holders to take out pre-qualified installment loans from their financial institution. Typically between $500-$2,000, these loans can be viewed and accepted in seconds in the digital banking experience, and funded within moments into checking accounts. Since eligibility is pre-determined by parameters […] - [Summit Credit Union Remains Wisconsin\'s #1 Mortgage Lender](https://thecreditunionconnection.com/summit-credit-union-remains-wisconsins-1-mortgage-lender-2/): Summit Credit Union, a member-owned financial cooperative, is again the top mortgage lender in the state of Wisconsin, according to data collected under the Home Mortgage Disclosure Act. “Summit provides tremendous value to our members and I’m proud that we continue to provide the largest number of mortgages in Wisconsin,” said Summit Credit Union CEO & President Kim Sponem. “Our team takes the time to coach borrowers on down payments, boosting credit scores, and how to take advantage of special homebuying programs. We care about our members’ ability to succeed long-term.” Summit Credit Union has also been the #1 Mortgage […] - [Summit Credit Union Remains Wisconsin\'s #1 Mortgage Lender](https://thecreditunionconnection.com/summit-credit-union-remains-wisconsins-1-mortgage-lender/): Summit Credit Union, a member-owned financial cooperative, is again the top mortgage lender in the state of Wisconsin, according to data collected under the Home Mortgage Disclosure Act. “Summit provides tremendous value to our members and I’m proud that we continue to provide the largest number of mortgages in Wisconsin,” said Summit Credit Union CEO & President Kim Sponem. “Our team takes the time to coach borrowers on down payments, boosting credit scores, and how to take advantage of special homebuying programs. We care about our members’ ability to succeed long-term.” Summit Credit Union has also been the #1 Mortgage […] - [Velera’s TriVerity Announces Integrated Partnership with AKUVO](https://thecreditunionconnection.com/veleras-triverity-announces-integrated-partnership-with-akuvo/): TriVerity, a Velera company, announced it has partnered with AKUVO, a technology company specializing in collections and credit risk. The integration will facilitate a seamless process for third-party charge-off collections through AKUVO’s cloud-based collections platform to help maximize credit unions’ recoveries from non-performing loans. “We are thrilled to incorporate AKUVO\’s cloud-based capabilities into our comprehensive delinquency management suite through this partnership,” said TriVerity Senior Vice President, Client Service and Marketing Wendy Elieff. “This relationship will bolster TriVerity’s ability to efficiently recover charged-off accounts while providing credit unions with a single-source delinquency management solution that elevates the member experience.” Built by a […] - [Redstone Opens Second High School Branch in Murfreesboro ](https://thecreditunionconnection.com/redstone-opens-second-high-school-branch-in-murfreesboronbsp/): Redstone Federal Credit Union joined with Murfreesboro school  leaders Thursday to celebrate the opening of a branch inside Siegel High School  that is fully operated by students.   Student staffers will gain real-life work experience, improve their financial  literacy, and earn money while training. The branch is open to students, faculty,  and staff at the school.  “We are grateful for our expanding partnership with Redstone Federal Credit  Union,\” Director of Schools Dr. Jimmy Sullivan said. “We are big believers in  offering hands-on learning opportunities for our students so they can put into  practice the skills they are learning in the classroom.”  […] - [Navy Federal Credit Union Named Recipient of the 2024 Secretary of Defense Freedom Award](https://thecreditunionconnection.com/navy-federal-credit-union-named-recipient-of-the-2024-secretary-of-defense-freedom-award/): Navy Federal Credit Union has been recognized as one of 15 recipients of the prestigious Employer Support of the Guard and Reserve (ESGR) Freedom Award. This award is the highest honor given by the Department of Defense to employers for their outstanding support of employees serving in the National Guard and Reserves. Navy Federal was selected from a pool of 1,758 nominations submitted by Guard and Reserve service members or their families. The credit union was recognized for its exceptional support of employees who serve in the military, including flexible scheduling, continued benefits and pay during deployments, and a supportive […] - [FAMILY TRUST FEDERAL CREDIT UNION CELEBRATES FUTURE LEADERS, ANNOUNCES SCHOLARSHIP RECIPIENTS](https://thecreditunionconnection.com/family-trust-federal-credit-union-celebrates-future-leaders-announces-scholarship-recipients/): Paying it forward to young and aspiring professionals from York County, Family Trust Federal Credit Union (Family Trust) has awarded two $5,000 scholarships to local students. Carter Threatt earned the Eddie Reeves Community Commitment Scholarship and Sarai Hardin received the Penny Pratt Women in Business Scholarship.  Threatt is a recent graduate of Rock Hill High School. He graduated with highest honors and will be attending University of South Carolina. Harden is a senior at Winthrop University. She was chosen to participate in a prestigious internship with PricewaterhouseCoopers (PwC), where she already has a job offer after she completes her degree.  “Our honorees distinguished […] - [PenAir Encourages Community to Be Financially Prepared for Hurricane Season](https://thecreditunionconnection.com/penair-encourages-community-to-be-financiallyprepared-for-hurricane-season/): As hurricane season continues, PenAir Credit Union (PenAir) reminds residents to ensure they are financially prepared for the possibility of severe weather. With the potential for hurricanes to disrupt daily life, cause widespread power outages, and necessitate evacuations, financial readiness is crucial to safeguarding your family\’s well-being. “Being financially ready means having access to essential resources and ensuring financial security during and after a hurricane,” said Lewis Garvin, Corporate Communications Manager at PenAir. “Those who have lived in the area for a while know that you must be ‘one-week ready,’ meaning having enough water, non-perishable food items, medical supplies, and […] - [South Carolina Sister Society of Global Women’s Leadership Debuted with Contribution to the Julie Valentine Center](https://thecreditunionconnection.com/south-carolina-sister-society-of-global-womens-leadership-debuted-with-contribution-to-the-julie-valentine-center/): Earlier this month, the South Carolina Sister Society of the Global Women\’s Leadership Network (GWLN) officially debuted, marking the network\’s growth to more than 160 Sister Societies across six continents. Nearly 60 credit union women and their allies gathered in the Upstate at Spero Financial\’s headquarters on August 8, 2024, for the launch party, which featured pink champagne, delectable bites, and thought-provoking conversation. Most notably, the newly established South Carolina Sister Society uplifted the Julie Valentine Center by donating a $4,000 check from the proceeds of the launch party. GWLN is part of the Worldwide Foundation For Credit Unions (WFCU), […] - [Corporate Central Announces Economic Outlook Conference with Keynote Speaker Kim Lear](https://thecreditunionconnection.com/corporate-central-announces-economic-outlook-conference-with-keynote-speaker-kim-lear/): Corporate Central is excited to announce its highly anticipated Economic Outlook Conference, scheduled for Thursday, September 12, at The Ingleside Hotel in Pewaukee, Wisconsin. This premier event will provide attendees with valuable insights into the current and upcoming economic environment, equipping them with the knowledge necessary for effective planning in 2025 and beyond. The conference will feature an impressive lineup of expert speakers, with a keynote address from Kim Lear, recently named a Fellow by the Filene Research Institute. Being named a Filene Fellow is a prestigious honor that recognizes thought leaders who contribute groundbreaking research and innovative thinking to […] - [Genius Checking by Genisys Credit Union named #1 Top-Yielding Account in the nation by Kiplinger](https://thecreditunionconnection.com/genius-checking-by-genisys-credit-union-named-1-top-yielding-account-in-the-nation-by-kiplinger/): Kiplinger, a personal finance magazine, named Genius High Yield Checking from Genisys Credit Union the #1 Top-Yielding Checking Account in the nation. The account pays an impressive annual percentage yield (APY) of 6.75% and offers debit reward points on purchases.  “With inflation impacting everyone’s budget, Genisys is fortunate to be in a position where we can give back to our members. Genius Checking increases our members’ saving power on everyday purchases to help make the most of their money,” said Jackie Buchanan, President and CEO of Genisys Credit Union.  Genius Checking is a high-yield, personal checking account that pays cash […] - [Glia\'s Interact Conference Unites Industry Leaders to Shape the Future of Responsible AI](https://thecreditunionconnection.com/glias-interact-conference-unites-industry-leaders-to-shape-the-future-of-responsible-ai-3/): Adam Savage of MythBusters to keynote, plus speakers from Cornerstone Advisors, Alloy Labs, WealthNext, The Digital Growth Institute and leading financial institutions Glia is hosting its annual industry event, Interact 2024, on Oct. 27-30 in San Antonio, Texas at La Cantera Resort & Spa. With a theme of \”Boldly Go,\” the event will lead financial institutions into the uncharted territory of AI and redefine how they interact with customers through a ChannelLess® strategy. Adam Savage, editor-in-chief of Tested.com, author of #EveryToolsAHammer and former co-host of MythBusters, will keynote the event. Other speakers include industry experts such as Mary Wisniewski editor-at-large for […] - [Glia\'s Interact Conference Unites Industry Leaders to Shape the Future of Responsible AI](https://thecreditunionconnection.com/glias-interact-conference-unites-industry-leaders-to-shape-the-future-of-responsible-ai-2/): Adam Savage of MythBusters to keynote, plus speakers from Cornerstone Advisors, Alloy Labs, WealthNext, The Digital Growth Institute and leading financial institutions Glia is hosting its annual industry event, Interact 2024, on Oct. 27-30 in San Antonio, Texas at La Cantera Resort & Spa. With a theme of \”Boldly Go,\” the event will lead financial institutions into the uncharted territory of AI and redefine how they interact with customers through a ChannelLess® strategy. Adam Savage, editor-in-chief of Tested.com, author of #EveryToolsAHammer and former co-host of MythBusters, will keynote the event. Other speakers include industry experts such as Mary Wisniewski editor-at-large for […] - [Glia\'s Interact Conference Unites Industry Leaders to Shape the Future of Responsible AI](https://thecreditunionconnection.com/glias-interact-conference-unites-industry-leaders-to-shape-the-future-of-responsible-ai/): Adam Savage of MythBusters to keynote, plus speakers from Cornerstone Advisors, Alloy Labs, WealthNext, The Digital Growth Institute and leading financial institutions Glia is hosting its annual industry event, Interact 2024, on Oct. 27-30 in San Antonio, Texas at La Cantera Resort & Spa. With a theme of \”Boldly Go,\” the event will lead financial institutions into the uncharted territory of AI and redefine how they interact with customers through a ChannelLess® strategy. Adam Savage, editor-in-chief of Tested.com, author of #EveryToolsAHammer and former co-host of MythBusters, will keynote the event. Other speakers include industry experts such as Mary Wisniewski editor-at-large for […] - [Prominent Female Credit Union Leaders to Share Insights on Leadership, Success and the Future of the Industry at Livermore’s Bankhead Theater](https://thecreditunionconnection.com/prominent-female-credit-union-leaders-to-share-insights-on-leadership-success-and-the-future-of-the-industry-at-livermores-bankhead-theater/): The CCUL East Bay Network is proud to present the \”Women in Leadership Executive Panel,\” an inspiring and insightful event taking place on Sept. 18, 2024, at the Bankhead Theater in Livermore, California. This event promises to bring together some of the most influential women in the credit union industry for an evening of thought leadership, networking, and empowerment. Emceed by renowned industry expert Sundeep Kapur, the event will feature an esteemed panel of speakers, including three distinguished CEOs and a leading VP from the California Credit Union League.  Attendees will have the unique opportunity to hear from: Erin Mendez, […] - [Eltropy Leadership Summit 2024 to Spotlight \"Safe AI\" in Community Banking](https://thecreditunionconnection.com/eltropy-leadership-summit-2024-to-spotlight-safe-ai-in-community-banking-3/): Industry Leaders to Explore Responsible AI Implementation for Credit Unions and Community Banks Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its upcoming 2024 Leadership Summit will feature a special focus on \”Safe AI\” in the financial sector.  The third annual Eltropy Leadership Summit, scheduled for August 26-28, 2024, at the picturesque Sundance Mountain Resort in Utah, will bring together thought leaders, industry experts, and financial professionals across the industry to explore the responsible and ethical implementation of AI technologies in credit unions and community banks. The Credit Union Connection has partnered with igniteFI […] - [Eltropy Leadership Summit 2024 to Spotlight \"Safe AI\" in Community Banking](https://thecreditunionconnection.com/eltropy-leadership-summit-2024-to-spotlight-safe-ai-in-community-banking-2/): Industry Leaders to Explore Responsible AI Implementation for Credit Unions and Community Banks Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its upcoming 2024 Leadership Summit will feature a special focus on \”Safe AI\” in the financial sector.  The third annual Eltropy Leadership Summit, scheduled for August 26-28, 2024, at the picturesque Sundance Mountain Resort in Utah, will bring together thought leaders, industry experts, and financial professionals across the industry to explore the responsible and ethical implementation of AI technologies in credit unions and community banks. The Credit Union Connection has partnered with igniteFI […] - [Eltropy Leadership Summit 2024 to Spotlight \"Safe AI\" in Community Banking](https://thecreditunionconnection.com/eltropy-leadership-summit-2024-to-spotlight-safe-ai-in-community-banking/): Industry Leaders to Explore Responsible AI Implementation for Credit Unions and Community Banks Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced that its upcoming 2024 Leadership Summit will feature a special focus on \”Safe AI\” in the financial sector.  The third annual Eltropy Leadership Summit, scheduled for August 26-28, 2024, at the picturesque Sundance Mountain Resort in Utah, will bring together thought leaders, industry experts, and financial professionals across the industry to explore the responsible and ethical implementation of AI technologies in credit unions and community banks. The Credit Union Connection has partnered with igniteFI […] - [Cherie Freed Retires From the NCUA](https://thecreditunionconnection.com/cherie-freed-retires-from-the-ncua-2/): The National Credit Union Administration today announced the retirement of Cherie Freed, regional director of the NCUA’s Western Region, effective August 24, 2024. “Cherie’s dedication to public service and the NCUA has been nothing short of exemplary,” NCUA Chairman Todd M. Harper said. “She excelled at building internal and external coalitions, she was passionate about meeting organizational goals and customer expectations, and she produced results at the highest level. Cherie has exhibited sustained excellence throughout her career, inspired others, and made innumerable contributions to the NCUA. On behalf of the entire NCUA Board, we wish to extend our sincere gratitude […] - [Cherie Freed Retires From the NCUA](https://thecreditunionconnection.com/cherie-freed-retires-from-the-ncua/): The National Credit Union Administration today announced the retirement of Cherie Freed, regional director of the NCUA’s Western Region, effective August 24, 2024. “Cherie’s dedication to public service and the NCUA has been nothing short of exemplary,” NCUA Chairman Todd M. Harper said. “She excelled at building internal and external coalitions, she was passionate about meeting organizational goals and customer expectations, and she produced results at the highest level. Cherie has exhibited sustained excellence throughout her career, inspired others, and made innumerable contributions to the NCUA. On behalf of the entire NCUA Board, we wish to extend our sincere gratitude […] - [Numerica Credit Union and Zeal Credit Union Announce New Hires](https://thecreditunionconnection.com/numerica-credit-union-and-zeal-credit-union-announce-new-hires/): Numerica Credit Union and Zeal Credit Union have announced new hires to their leadership teams. New Hires James Numata has been hired as senior vice president of risk at Numerica Credit Union. He will oversee Numerica’s compliance, fraud, and risk management departments. Numata brings 20 years of experience in the financial industry. Skilled at developing new departments and programs, he ensures regulations are met and challenges are mitigated. Numata was previously the senior vice president and director of enterprise risk reporting for Bank of Hawaii. Clif Jenkins has been hired as vice president of digital experience support at Numerica Credit […] - [TowerCares Foundation Awards $150,000 in College Scholarships](https://thecreditunionconnection.com/towercares-foundation-awards-150000-in-college-scholarships-1/): Thirty college students studying STEM-related fields each received a $5,000 scholarship from the TowerCares Foundation. More than half of this year’s winners have parents who are affiliated with the Department of Defense or U.S. Military. Since 2018, TowerCares has awarded over half a million dollars in college scholarships.  Recent high school graduate Ashley Doyle will enter her freshman year at Virginia Commonwealth University this fall with an extra $5,000 towards her education, thanks to the TowerCares Foundation.   Doyle plans to major in Chemistry and pursue her dream to work in the medical field. “I have been blessed with some incredible […] - [Robins Financial Credit Union Donates $40,000 to Local Teachers](https://thecreditunionconnection.com/robins-financial-credit-union-donates-40000-to-local-teachers/): Robins Financial Credit Union supports education by granting the wishes of 20 local teachers through its 3rd Annual GRANTED program. GRANTED was created by the credit union in 2022 in an effort to alleviate some of the financial burden on local teachers and provide them with the tools they need to educate and engage their students. Educators who teach grades K-12 at schools located within one of Robins Financial’s 45 counties of membership were eligible to apply. Selected recipients receive classroom supplies or monetary donations to purchase items from their classroom wish lists. This year, Robins Financial is proud to […] - [Nuvision Credit Union’s NuvisionCares Helping Kids in Our Community Campaign Delivers Clothing, Boots and School Supplies to Disadvantaged Youth](https://thecreditunionconnection.com/nuvision-credit-unions-nuvisioncares-helping-kids-in-our-community-campaign-delivers-clothing-boots-and-school-supplies-to-disadvantaged-youth/): Credit union’s month-long community-giving initiative provides clothing and school essentials to youth in California and Alaska for the new school year. Nuvision Credit Union (Nuvision) has announced that its NuvisionCares Helping Kids in Our Community campaign has delivered clothes, winter boots and school supplies to hundreds of underprivileged youth in California and Alaska. As part of its long-standing commitment to local communities, the credit union hosted a series of clothing, boot and socks, and school backpack drives through its NuvisionCares Helping Kids in Our Community campaign, which began July 1st and ended August 18th.  The month-long initiative helped provide clothing essentials […] - [How Y-12 Credit Union Uses Embedded Finance to Reach Younger Members](https://thecreditunionconnection.com/embedded-finance-y12-credit-union-barry-kirby-union-credit/): We had not considered it, but as Barry Kirby, co-founder and chief revenue officer for Union Credit, explained, embedded finance is simply another channel for indirect lending. We’re just taking the concept into digital channels now, and while many credit union members are curious about it, some are not using it. Credit unions must ensure their financing options and other services are reaching the younger demographics who are most likely to be looking for this digital option. Sarah Snell Cooke, co-founder/publisher of The Credit Union Connection, sat down with Kirby and Emily Gibson, the vice president of Consumer Lending at […] - [GTE FINANCIAL LAUNCHES STUDENT PERKS PROGRAM TO OFFER REWARDS TOYOUNG MEMBERS](https://thecreditunionconnection.com/gte-financial-launches-student-perks-program-to-offer-rewards-toyoung-members/): GTE Financial is happy to launch its new Student Perks program for members 16 and up. Student Perks is a free rewards program that helps students save more, earn money and efficiently manage their accounts. The rewards program also offers Go Points for Student Perks, which young members can redeem for cash back and more. “At GTE Financial, we’re excited to launch Student Perks, a rewards program designed to guide young members on their journey to financial independence. By integrating rewards for academic achievements, high school graduation, and even birthdays, we are not just recognizing their milestones but also fueling […] - [Affinity Plus Introduces Real-Time Payments for Instant Access to Funds](https://thecreditunionconnection.com/affinity-plus-introduces-real-time-payments-for-instant-access-to-funds/): New service allows members to receive funds immediately, 24/7, even on weekends and holidays Affinity Plus Federal Credit Union (Affinity Plus) has launched a new real-time payment service through the FedNow® and RTP networks. This service allows members to securely receive instant payments from a diverse range of financial institutions and service providers across the United States. The new offering benefits all members, especially small business owners and gig workers. Access to real-time payment services ensures payments are processed instantly, 24/7, including holidays. This is crucial for managing cash flow and transaction certainty, especially for the 59 million gig workers […] - [Civic Federal Credit Union Selects Velera for Contact Center Support and Services](https://thecreditunionconnection.com/civic-federal-credit-union-selects-velera-for-contact-center-support-and-services/): Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce its partnership with Civic Federal Credit Union (Civic) to provide contact center services and support. The first of its kind in North Carolina, Civic is a digital-first credit union that serves local government employees and their families across the state. With 11 branches opening in 2024, the credit union provides products and services that empower members to achieve financial goals, increase financial wellness and in turn, create stronger communities. Civic operates with its commitment […] - [BayPort Foundation Introduces the Heldreth and Wright Scholarships to Benefit Virginia Peninsula Community College and Apprentice School Students](https://thecreditunionconnection.com/bayport-foundation-introduces-the-heldreth-and-wright-scholarships-to-benefit-virginia-peninsula-community-college-and-apprentice-school-students/): The BayPort Foundation has introduced two new scholarships: the Julie Heldreth Memorial Scholarship and the Wright Family Scholarship. Both scholarships are family gifts to the BayPort Foundation Legacy Giving Program, which honors those who share BayPort\’s commitment and philanthropic efforts. The Julie Heldreth Memorial Scholarship is a $2,000 one-time scholarship that will be awarded annually to two students entering a science, technology, engineering, and mathematics program at Virginia Peninsula Community College. The scholarship is introduced by Tom and Cindy Heldreth in memory of their daughter, Julie Michele Heldreth. Julie passed away at the tender age of 3, only months before a […] - [Firelands FCU Donates $3,000 to Support Local Students](https://thecreditunionconnection.com/firelands-fcu-donates-3000-to-support-local-students/): With the 2024-2025 school year underway, Firelands Federal Credit Union (Firelands FCU) has  dedicated $3,000 to ensure students are ready, supporting local schools and supply collections.  This year, Firelands FCU contributed $500 to each of the following organizations:  • Bellevue: Bellevue Ministerial Association  • Bucyrus: Bucyrus United Methodist Church, Back to School Supply Carnival  • Galion: Ohio Heartland Community Action Commission  • Monroeville: Monroeville Local Schools, Teacher Mini Grant  • Norwalk: First Presbyterian Church, Stuff the Bus  • Sandusky: Victory Temple Soup Kitchen   These donations have helped provide essential school supplies, including backpacks, notebooks, binders, and  other necessities, to students […] - [GARDEN SAVINGS FEDERAL CREDIT UNION HOSTS 12TH ANNUAL GOLF OUTING, RAISING  OVER $25,000 FOR CHARITIES](https://thecreditunionconnection.com/garden-savings-federal-credit-union-hosts-12th-annual-golf-outing-raisingnbsp-over-25000-for-charities/): Garden Savings Federal Credit Union, headquartered in Parsippany, NJ, hosted its 12th Annual Golf Outing at Forsgate Country Club in Monroe Township, bringing together  over 90 industry professionals for a day of golf, camaraderie, and charitable giving. With  the support of sponsors, donations, and attendees, the event raised over $25,000, benefiting two deserving philanthropic organizations, Big Brothers Big Sisters of Coastal  and Northern New Jersey and Children’s Specialized Hospital, a member of the  Children’s Miracle Network.  The funds will directly contribute to the essential services these organizations provide to  the community. “It’s incredibly rewarding to see the generosity of our […] - [Clearing the Air Around AI Strategy with Great Lakes Credit Union’s COO](https://thecreditunionconnection.com/ai-great-lakes-credit-union-elizabeth-osborne/): Host Sarah Snell Cooke, co-founder/publisher of The Credit Union Connection, talked with Great Lakes Credit Union COO Elizabeth Osborne about her credit union’s AI strategy and how they implemented it. They also discuss Great Lakes’ AI assistant Olive and how other credit unions can go about creating an AI strategy that helps create efficiencies and better serve members. - [Solarity Credit Union Donates 800+ School Supplies to YWCA to Help Local Kids Start the School Year](https://thecreditunionconnection.com/solarity-credit-union-donates-800-school-supplies-to-ywca-to-help-local-kids-start-the-school-year/): On Tuesday, August 20, 2024, Solarity Credit Union delivered a huge donation of school supplies to the YWCA Yakima, including pens and pencils, notebooks, glue, backpacks and more. This donation will go towards helping kids in the community have a successful start to the 2024-25 school year and was the culmination of a month-long school supply drive by Solarity employees and members.“Solarity is proud to support the YWCA and its mission,\” said Mina Worthington, Solarity President and CEO. “Our employees loved shopping for these school supplies, knowing they will go to support local kids and help them get a successful […] - [Westerra Credit Union Celebrates 90th Anniversary with Unprecedented 9.00% APY CD Offer](https://thecreditunionconnection.com/westerra-credit-union-celebrates-90th-anniversary-with-unprecedented-900-apy-cd-offer/): Westerra Credit Union is offering members a lucrative investment opportunity to maximize their savings in a secure and profitable way through opening a 5-month Certificate of Deposit (CD) at an incredible 9.00% APY and 8.648% dividend rate*. This limited-time offer starts September 3rd and commemorates Westerra’s 90th anniversary. The exceptional features of this limited-time CD offer are listed below and can be found at Westerracu.com/CD. Unmatched Interest Rate: The extraordinary 9.00% APY is well above the industry’s average 5% APY for a 6-month CD. Deposit Terms: Members can open this CD with a minimum deposit of $500, up to a […] - [Iowa Credit Union Foundation Announces $50,000 in Grants to Increase Financial Inclusion in Iowa](https://thecreditunionconnection.com/iowa-credit-union-foundation-announces-50000-in-grants-to-increase-financial-inclusion-in-iowa/): First Cycle of Funding through new Financial Inclusion Grant Program As part of a new three-year, $150,000 “Financial Inclusion Grant Program” addressing barriers to financial well-being for minority populations in Iowa, the Iowa Credit Union Foundation (ICUF) has announced the organizations receiving the first $50,000 in grant funding. The new program was launched in response to the findings of the recent ICUF statewide report “Economic Realities of Communities of Color,” which identified challenges faced by Iowa’s most vulnerable communities. Financial Inclusion Grants direct funding to organizations serving minority populations in policy areas covered by the report: affordable housing, business ownership, […] - [Hunter Pence’s Healthy Planet Project and Redwood Credit Union Team Up to Beautify San Francisco School](https://thecreditunionconnection.com/hunter-pences-healthy-planet-project-and-redwood-credit-union-team-up-to-beautify-san-francisco-school/): Redwood Credit Union recently teamed up with former San Francisco Giants All-Star Hunter Pence’s Healthy Planet Project to create a warm and welcoming space for returning Tenderloin Community Elementary School students. Hunter Pence (center), who launched Hunter Pence’s Healthy Planet Project with wife Alexis, pitches in alongside Redwood Credit union team members at a cleanup of Tenderloin Community Elementary School in San Francisco. (Photo: Business Wire) About 30 RCU volunteers, along with representatives from Reimagining San Francisco and the California Academy of Sciences, stepped up to the plate to complete the schoolyard restoration service project on August 13 in San […] - [CU Benefits Partners with Kindly Human to Offer In-the-Moment Support to Credit Union Employees](https://thecreditunionconnection.com/cu-benefits-partners-with-kindly-human-to-offer-in-the-moment-support-to-credit-union-employees/): CU Benefits is thrilled to announce a new partnership with Kindly Human, an innovative provider of on-demand, empathetic support for employees. Starting in the fall of 2024, CU Benefits will offer the Kindly Human service to its network of partnered credit unions, enabling credit union employees to access immediate, real-time support while streamlining their access to a wide range of company benefits. A Comprehensive Approach to Employee Well-being Through this partnership, credit union employees will gain access to Kindly Human\’s unique service, which provides in-the-moment support to address life\’s challenges, whether personal or professional. This service will be integrated with […] - [Alkami Market Study Reveals Differences in AI Outlook between Financial Institutions and Consumers](https://thecreditunionconnection.com/alkami-market-study-reveals-differences-in-ai-outlook-between-financial-institutions-and-consumers/): Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today released commissioned research findings regarding the distinct perspectives on artificial intelligence (AI) held by regional and community financial institutions (RCFIs) compared to consumers, particularly in terms of its potential, use cases and adoption. The research revealed a disparity between these two groups, highlighting the dual task that financial institutions encounter when adopting AI: leveraging AI to enhance operational efficiencies and account holder satisfaction while navigating the complexities of data security, privacy concerns and ethical considerations. Alkami\’s primary research surveyed RCFIs […] - [DESERT FINANCIAL CREDIT UNION AWARDS $541,000 TO ARIZONA NONPROFITS](https://thecreditunionconnection.com/desert-financial-credit-union-awards-541000-to-arizona-nonprofits/): For its 85th anniversary, Desert Financial gave an additional $8,500 to all 26 organizations In 2024, Desert Financial proudly supported Arizona communities with $320,000 in grants to local charities. In honor of the credit union\’s 85th anniversary, each nonprofit also received an additional $8,500 surprise gift, during an in-person Grant Recognition ceremony on August 16, totaling $541,000 in giving. This 2024 grant cycle is the largest to date for Desert Financial. With the special anniversary gifts, grant funding this year increased 80% over 2023 and more than doubled the amount awarded in 2022. \”Our team is passionate about supporting local […] - [Alogent and Mitek Announce Partnership to Tackle Ballooning Check Fraud Epidemic](https://thecreditunionconnection.com/alogent-and-mitek-announce-partnership-to-tackle-ballooning-check-fraud-epidemic/): Mitek’s Check Fraud Defender selected by Alogent to bring better check fraud detection to banks and credit unions Mitek Systems, Inc. (NASDAQ: MITK), a global leader in digital identity and fraud prevention, announces the expansion of their partnership with Alogent. Alogent will integrate Mitek’s Check Fraud Defender (CFD) into its web-based enterprise deposits automation solution, Unify. According to the annual Federal Reserve Financial Services Survey, in the United States, forms of check fraud including forgery and counterfeiting account for 31% of all bank fraud. In fact, in 2023 check fraud losses surpassed $20 billion, and are expected to be even […] - [On Tap Credit Union Wins Four Prestigious Community Awards While Three Employees Receive Recognition for Best in The Business](https://thecreditunionconnection.com/on-tap-credit-union-wins-four-prestigious-community-awards-while-three-employees-receive-recognition-for-best-in-the-business/): On Tap Credit Union is proud to announce that it has been honored with four esteemed awards, as voted on by the members of their community. These awards highlight the organization’s commitment to excellence and their dedication to serving the needs of members and the broader community. On Tap Credit Union has been named Best Bank/Credit Union and Best Mortgage Company in both Arvada and Golden from Colorado Community Media’s “Best of the Best” annual competition. On Tap is pleased to have been named winners in this contest for the past 10 years. In addition to On Tap Credit Union […] - [Defense Credit Union Council Opposes Expansion of EFTA in New Legislation ](https://thecreditunionconnection.com/defense-credit-union-council-opposes-expansion-of-efta-in-new-legislationnbsp/): Today, the Defense Credit Union Council, (DCUC), sent a letter addressed to Senators Richard Blumenthal and Elizabeth Warren, and Representative Maxine  Waters expressing its opposition to S. 4943, the “Protecting Consumers from Payment Scams  Act.” This legislation proposes to expand the scope of the Electronic Fund Transfer Act (EFTA).  DCUC voiced significant concerns about the potential impacts of the proposed changes. In its letter, DCUC highlights the expansion of EFTA could hinder credit unions\’ ability to offer innovative payment solutions, which are crucial for competing with larger financial institutions and meeting the needs of service members and their families.  DCUC emphasized […] - [Tyndall Federal Credit Union Announces New President and Chief Executive Officer](https://thecreditunionconnection.com/tyndall-federal-credit-union-announces-new-president-and-chief-executive-officer/): Tyndall Federal Credit Union is pleased to announce that John M. Parillo, CPA, CFE has joined the organization as President and Chief Executive Officer. \”We are thrilled to welcome John Parillo to Tyndall Federal Credit Union as our new President & CEO,\” said Board Chairwoman, Frances Martin. John is an esteemed executive leader with more than 23 years of industry experience. He has expertise in driving digital-first initiatives and operating efficiency, which are important for our business model, and he possesses industry knowledge across a wide array of disciplines. “With his strong background in the financial sector and dedication to […] - [Constellation Digital Partners Founder and CEO Appointed to America’s Credit Unions Business Advocate Advisory Committee](https://thecreditunionconnection.com/constellation-digital-partners-founder-and-ceo-appointed-to-americas-credit-unions-business-advocate-advisory-committee/): Constellation Digital Partners today announced that its founder and CEO, Kris Kovacs, has been appointed to America’s Credit Unions Business Advocate Advisory Committee. Kovacs brings over 30 years of experience and in-depth knowledge in the credit union industry to the committee. A proven leader with a deep passion for serving members and strengthening the credit union movement, Kovacs is committed to leveraging his expertise to advocate for the needs of credit unions and their members. “I’m truly honored to join America’s Credit Unions’ Business Advocate Advisory Committee,” said Kovacs. “Over my career in the credit union industry, I’ve seen firsthand […] - [Downeast CU Partners with Synergent to Host Jack Henry’s Symitar Core Processing Solution](https://thecreditunionconnection.com/downeast-cu-partners-with-synergent-to-host-jack-henrys-symitar-core-processing-solution/): Synergent also will deliver additional integrated solutions to Downeast Credit Union Synergent® is pleased to announce that Downeast Credit Union has signed a ten-year agreement with Synergent for hosted Jack Henry™ Symitar® core processing, Banno Digital Banking™, and iPay Consumer Bill Pay. “Our Board of Directors and executive leadership team are thrilled to partner with Synergent to provide our technology platform,” said Joe Moses, President and CEO of Downeast Credit Union. “We involved our entire 90-member team in selecting our next technology platform and look forward to completing this conversion. The Symitar platform provided by Synergent is the ideal source […] - [DCUC 2024 Hall of Honor](https://thecreditunionconnection.com/dcuc-2024-hall-of-honor/): On Thursday, August 15, the Defense Credit Union Council (DCUC) held its annual 2024 Hall of Honor Dinner and ceremony. Every year, DCUC honors individuals whose contributions over the years have made a significant difference to DCUC and the defense credit union community.  This year’s ceremony honored three exceptional individuals: Elijah “Bennie” Roberts, Director Emeritus, Andrews Federal Credit Union; Edward Marvin, Director Emeritus, Randolph-Brooks Federal Credit Union; and Charlie Miller, First Vice-Chair, Board of Directors, Redstone Federal Credit Union. Each of the honorees shared what it meant to them to be selected as DCUC Hall of Honor recipients, and thanked […] - [Partners 1st Federal Credit Union appoints Clinton Miller as new President](https://thecreditunionconnection.com/partners-1st-federal-credit-union-appoints-clinton-miller-as-new-president/): During their semi-annual State of the Credit Union address, Partners 1st Federal Credit Union announced it has promoted Clinton Miller as its new President. Miller will replace Carla Bienz, who will retire in January 2025 after 43 years of service. Clinton Miller took on the role as President effective August 1, 2024 and will transition into the CEO & President role in February 2025. Miller has spent more than 15 years in the credit union industry, ranging from a variety of roles from Indirect Lending Manager to CEO of another credit union, along with working 3 years in Lending Protection […] - [Glia Partners with Unitus Community Credit Union, a Leader in Helping Local Hispanic Communities Access Financial Resources](https://thecreditunionconnection.com/glia-partners-with-unitus-community-credit-union-a-leader-in-helping-local-hispanic-communities-access-financial-resources/): Glia’s technology enables credit union to better serve Portland’s Hispanic community; annual Juntos Avanzamos event celebrates progress and inclusivity Glia, the leader in customer interaction technology, today announced that it has supported Unitus Community Credit Union’s service and financial empowerment of the Hispanic population through its powerful chat, audio and video capabilities. The partnership will be highlighted at Unitus’ annual Juntos Avanzamos (\”Together We Advance\”) celebration on August 20th, highlighting tips and best practices for how credit unions can better reach and engage with their Hispanic communities. Unitus earned the prestigious Juntos Avanzamos designation in 2021, and the credit union continues […] - [GTE Financial Garners Prestigious 2024 Aetna Workplace Well-being Platinum Award](https://thecreditunionconnection.com/gte-financial-garners-prestigious-2024-aetna-workplace-well-being-platinum-award/): GTE Financial is thrilled to announce its latest achievement—the prestigious Platinum Aetna Workplace Well-being Award. This recognition highlights the credit union\’s steadfast dedication to nurturing the health and overall well-being of its employees. Achieving Platinum status, the awards highest honor is a first for GTE and underscores the profound impact of its wellness initiatives. GTE\’s approach to workplace well-being is both holistic and comprehensive, aimed at fostering an active lifestyle, mental health resilience, personal fitness endeavors, accessible healthcare, and much more. Central to its health and wellness ethos is the GTE LiveWell program—a robust framework designed to educate, engage, empower, […] - [The Cooperative Credit Union Association and Ascent Partner to Deliver Next-Generation Experience Platform](https://thecreditunionconnection.com/the-cooperative-credit-union-association-and-ascent-partner-to-deliver-next-generation-experience-platform/): Ascent reduces work for both members and associates when completing digital applications and forms The Cooperative Credit Union Association (CCUA) proudly announces a strategic partnership with Ascent Platform, a CUSO and leading fintech in digital experience solutions for credit unions, to help CCUA members improve digital engagement and delivery. Traditionally, a credit union would need to deploy a full-stack, turnkey solution for every experience problem. These solutions improve experiences but are expensive, complicated, and time-consuming to implement. They also disrupt operating processes, add to compliance and vendor management costs, and can also add risk. And ultimately, a credit union ends […] - [TwinStar Credit Union Continues Relationship with Jack Henry Through Successful Merger with Northwest Community Credit Union](https://thecreditunionconnection.com/twinstar-credit-union-continues-relationship-with-jack-henry-through-successful-merger-with-northwest-community-credit-union/): Open, scalable technology grows with credit union to strengthen member service throughout the Pacific Northwest Jack Henry™ (Nasdaq: JKHY) is pleased to share that TwinStar Credit Union is continuing its nearly four decade relationship with the company to support its successful merger with Northwest Community Credit Union (NWCU) and facilitate continued growth. TwinStar and NWCU merged in 2023 to stay competitive, scaling their products and services to over 250,000 members across Washington and Oregon. Operating under the TwinStar name, the merged credit union has $4.3 billion in assets, 36 locations, and employs more than 700 people, making it the fifth-largest financial cooperative […] - [DESERT FINANCIAL CREDIT UNION NAMED OFFICIAL BANKING PARTNER OF NORTHERN ARIZONA UNIVERSITY ATHLETICS](https://thecreditunionconnection.com/desert-financial-credit-union-named-official-banking-partner-of-northern-arizona-university-athletics/): Credit union pledges to support the financial wellbeing of the Lumberjack community Desert Financial Credit Union announces their partnership with Northern Arizona University (NAU) as the official banking partner of NAU Athletics and the NAU Alumni Association. As banking partner, Desert Financial will be the exclusive provider of NAU-branded debit and credit cards, collaborate on ongoing community engagement initiatives, and deliver financial literacy education to NAU Athletics and NAU Alumni. \”Our commitment to education is at the heart of everything we do, and our new partnership with NAU Athletics is a testament to that dedication,\” said Desert Financial President and […] - [NUMERICA HIRES VP OF DIGITAL EXPERIENCE SUPPORT](https://thecreditunionconnection.com/numerica-hires-vp-of-digital-experience-support/): Clif Jenkins has been hired as vice president of digital experience support at Numerica Credit Union. Clif will lead Numerica’s digital workforce management, communication, and quality monitoring teams. He will also assist with the development and execution of digital member service roadmaps and expanding service channels for members. Jenkins has 25 years of experience in the financial industry. He previously worked at Cenlar as its contact center technology manager. \”Clif brings a wealth of knowledge that will further enhance our already top-notch digital products and services,” said Travis Simpson, Numerica chief retail and digital officer. “With his deep understanding of […] - [NUMERICA HIRES SVP RISK](https://thecreditunionconnection.com/numerica-hires-svp-risk/): James Numata has been hired as senior vice president of risk at Numerica Credit Union. He will oversee Numerica’s compliance, fraud, and risk management departments. Numata brings 20 years of experience in the financial industry. Skilled at developing new departments and programs, he ensures regulations are met and challenges are mitigated. Numata was previously the senior vice president and director of enterprise risk reporting for Bank of Hawaii. \”James\’ extensive experience in risk management will bring valuable insights and fresh perspectives to our organization,\” said Ben Richardson, Numerica chief financial officer. \”His leadership will undoubtedly strengthen our efforts and benefit […] - [LGE Community Credit Union Named a 2024 AJC Top Workplace](https://thecreditunionconnection.com/lge-community-credit-union-named-a-2024-ajc-top-workplace/): LGE Community Credit Union is proud to announce that it has been recognized as a Top Workplace by The Atlanta Journal-Constitution (AJC) for the ninth time.  The AJC Top Workplaces award is based on employee feedback gathered through a third-party survey administered by Energage, LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling “respected and supported,” “enabled to grow,” and “empowered to execute,” to name a few.  “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That\’s […] - [Serve Credit Union shares Financial Literacy Resources with Iowans looking to enter Public Safety Careers](https://thecreditunionconnection.com/serve-credit-union-shares-financial-literacy-resources-with-iowans-looking-to-enter-public-safety-careers/): Serve Credit Union, a financial cooperative founded in the “people helping people” spirit in 1931, recently made visits to several first responder organizations to help share financial literacy information and provide resources for their members.  Serve team members visited the Iowa Law Enforcement Academy, which is made of law enforcement employees from around Iowa, along with the Hero Academy, a week-long camp put on by the Des Moines Police Department, the Des Moines Fire Department and the Iowa National Guard for females in their late teens who are exploring a career in public safety. During both visits, the credit union […] - [Over $460,000 Has Been Donated to Local Connecticut Non-Profits from  American Eagle Financial Credit Union’s Cash Back Program](https://thecreditunionconnection.com/over-460000-has-been-donated-to-local-connecticut-non-profits-fromnbsp-american-eagle-financial-credit-unions-cash-back-program/): This quarter’s recipients, Friends of Camp Neipsic, Save All Dogs and North Haven Historical Society will each receive $9,598 American Eagle Financial Credit Union (American Eagle FCU) announced the local organizations that are the most recent recipients of the Cash Back to the  Community Program. This program has been running since 2020 and has donated over $460,000 to local  organizations dedicated to improving their communities in Connecticut.   Community members, not just American Eagle FCU members, can nominate organizations within  American Eagle FCU’s service area. From there the nominations are reviewed and posted for community  members to vote on who will receive […] - [Michigan Saves Partnering with TBA Credit Union to Expand Financial Solutions for Michigan Residents](https://thecreditunionconnection.com/michigan-saves-partnering-with-tba-credit-union-to-expand-financial-solutions-for-michigan-residents/): Michigan Saves, the nation\’s first nonprofit green bank, is pleased to announce its partnership with TBA Credit Union, a locally managed community credit union based in Traverse City. This collaboration will empower Michigan residents to pursue energy efficiency and renewable energy improvements for enhanced comfort in their homes by providing them with additional financial solutions and enabling access to affordable financing, making it easier to upgrade their homes and reduce utility bills. Through its extensive network of lenders like TBA Credit Union, Michigan Saves offers borrowers favorable and low-interest financing options for their desired energy efficiency and renewable energy upgrades. […] - [Greylock Welcomed More Than 170 Youth and Families for Youth Week 2024 Celebration](https://thecreditunionconnection.com/greylock-welcomed-more-than-170-youth-and-families-for-youth-week-2024-celebration/): Greylock Federal Credit Union celebrated Youth Week 2024 with a kick-off event at its Community Empowerment Center (CEC) and week-long festivities throughout all of its branches Aug. 5 through 10. “For us at Greylock, we recognize and understand that financial wellness isn’t a one-and-done concept, but rather, a way of life that involves individuals of all ages. That’s why we were especially thrilled to welcome more than 170 young people and their families to our Youth Week 2024 event on Aug. 5,” said Roberta McCulloch-Dews, vice-president of Marketing. “It was great to see our guests having a good time as […] - [Federal Home Loan Banks Support Streamlining of Affordable Housing Program Regulations](https://thecreditunionconnection.com/federal-home-loan-banks-support-streamlining-of-affordable-housing-program-regulations/): The Federal Home Loan Bank System (FHLBank System), has filed a comment letter in response to the Federal Housing Finance Agency (FHFA) Request for Input on the Affordable Housing Program (AHP) application process. The comment letter expresses support for FHFA’s goal of simplifying the AHP application process, while also asserting that a more meaningful and effective approach to enhancing the program’s impact would be for the agency to revise the overall regulatory framework governing AHP to allow this crucial element of grant funding to efficiently, consistently, and effectively help ease affordable housing challenges. The comment letter also encourages FHFA to be mindful of the […] - [Financial Plus Credit Union Launches Buy Now, Pay  Later to Elevate Membership Experience](https://thecreditunionconnection.com/financial-plus-credit-union-launches-buy-now-paynbsp-later-to-elevate-membership-experience/): Members can now access split payments and pay over time  Financial Plus Credit Union has added Buy Now, Pay Later to its suite of digital banking  services, reinforcing their position as a leader in offering innovative financial tools.  Financial Plus has selected equipifi to power its split payment solution to members in Michigan. With  this launch, Financial Plus will extend personalized Buy Now, Pay Later offers to members on eligible  debit card transactions. Members will be able to view and accept pre-qualified offers in Financial Plus’ digital banking experience.  “Financial Plus Credit Union is committed to helping our members reach […] - [International Credit Union (ICU) Day® 2024 Pins and Select Merchandise Now Available Online](https://thecreditunionconnection.com/international-credit-union-icu-day-2024-pins-and-select-merchandise-now-available-online/): Worldwide Foundation for Credit Unions (WFCU) seeks to distribute 25,000 collectible pins in return for $500,000 in donations Worldwide Foundation for Credit Unions (WFCU) aims to distribute 25,000 International Credit Union (ICU) Day® pins in return for $500,000 in donations by International Credit Union Day on Thursday, October 17, when the global credit union movement will celebrate “One World Through Cooperative Finance.”  International Credit Union Day® 2024 Poster Donations will go toward advancing WFCU’s mission of bridging gaps in credit union digitalization, safety, gender inequality and leadership by growing initiatives such as Global DE, Global Women’s Leadership Network, Project Storm […] - [Figuring Out the Formula For Credit Union Employee Benefits](https://thecreditunionconnection.com/figuring-out-the-formula-for-employee-benefits/): There is a war for talent currently raging in the world of credit unions. The needs of the newer generations entering the industry are much different than those who have worked in the industry, making it a challenge for credit unions to create and maintain employee benefits programs that will help retain employees. Host Sarah Snell Cooke, co-founder/CEO of The Credit Union Connection, talked with CU Benefit CEO David Sims to discuss options for funding increasingly expensive employee benefits programs, so they can invest in their employees, and in turn, better retention, as well as recruiting. They also discuss benefit […] - [CUES and Currency Marketing Announce Finalists for Prestigious Emerging Leader Title](https://thecreditunionconnection.com/cues-and-currency-marketing-announce-finalists-for-prestigious-emerging-leader-title/): CUES and partner Currency Marketing are pleased to announce the Five Finalists selected to compete for the title of 2024 CUES Emerging Leader. For the second year in a row, this free program attracted a record-breaking number of applicants, with 36 promising professionals selected to participate from among more than 120.  Of these, 31 self-selected to move on to the competition phase, submitting their business cases to a four-judge panel. The judges selected the following Five Finalists to compete in the online pitch show, powered by Currency Marketing: Irene Boyer, Consumer Loan Manager, WECU, Bellingham, WA Scott McClellan, Ph.D., Safety […] - [Navy Federal Credit Union and Feeding America® Team Up to Fight Food Insecurity](https://thecreditunionconnection.com/navy-federal-credit-union-and-feeding-america-team-up-to-fight-food-insecurity/): The credit union is also donating $50,000 to support the nonprofit’s mission in alleviating food security challenges for military and Veteran families nationwide. Navy Federal Credit Union and Feeding America, the largest hunger-relief organization in the United States, today kicked off No Plate Left Behind—a nationwide initiative to assist Active Duty servicemembers, Veterans and their families experiencing hunger. More than 44 million people face hunger in the United States, including 1 in 5 children, and approximately 49 million people turned to food programs in 2022. According to the Military Family Advisory Network’s 2023 Military Family Support Programming Survey, 1 in […] - [MSU Federal Credit Union Unveils Inaugural \'Women of Sparta\' Cohort](https://thecreditunionconnection.com/vba0u5wkfa1r9xff43nuptkzhvktu8-3/): A Revolutionary Approach to NIL Opportunities in Women\’s Sports Michigan State University Federal Credit Union (MSUFCU) proudly announces the first cohort of its groundbreaking \’Women of Sparta\’ program. As the first organization to develop a comprehensive NIL program for women\’s sports at Michigan State University, MSUFCU\’s initiative is designed to provide student-athletes with support that transcends typical NIL deals focused only on financial compensation. The 2024-2025 Women of Sparta cohort features outstanding athletes from a variety of sports, showcasing the talent and dedication within MSU women\’s athletics: Women of Sparta 2024-25: Sydnee Sinn (top left), Sinai Douglas, Theryn Hallock, Juliann Woodard; […] - [MSU Federal Credit Union Unveils Inaugural \'Women of Sparta\' Cohort](https://thecreditunionconnection.com/vba0u5wkfa1r9xff43nuptkzhvktu8-2/): A Revolutionary Approach to NIL Opportunities in Women\’s Sports Michigan State University Federal Credit Union (MSUFCU) proudly announces the first cohort of its groundbreaking \’Women of Sparta\’ program. As the first organization to develop a comprehensive NIL program for women\’s sports at Michigan State University, MSUFCU\’s initiative is designed to provide student-athletes with support that transcends typical NIL deals focused only on financial compensation. The 2024-2025 Women of Sparta cohort features outstanding athletes from a variety of sports, showcasing the talent and dedication within MSU women\’s athletics: Women of Sparta 2024-25: Sydnee Sinn (top left), Sinai Douglas, Theryn Hallock, Juliann Woodard; […] - [MSU Federal Credit Union Unveils Inaugural \'Women of Sparta\' Cohort](https://thecreditunionconnection.com/vba0u5wkfa1r9xff43nuptkzhvktu8/): A Revolutionary Approach to NIL Opportunities in Women\’s Sports Michigan State University Federal Credit Union (MSUFCU) proudly announces the first cohort of its groundbreaking \’Women of Sparta\’ program. As the first organization to develop a comprehensive NIL program for women\’s sports at Michigan State University, MSUFCU\’s initiative is designed to provide student-athletes with support that transcends typical NIL deals focused only on financial compensation. The 2024-2025 Women of Sparta cohort features outstanding athletes from a variety of sports, showcasing the talent and dedication within MSU women\’s athletics: Women of Sparta 2024-25: Sydnee Sinn (top left), Sinai Douglas, Theryn Hallock, Juliann Woodard; […] - [TDECU Improves Member Security with System-Wide ATM Upgrades](https://thecreditunionconnection.com/tdecu-improves-member-security-with-system-wide-atm-upgrades/): Credit union will continue to reimburse ATM fees until September 13, 2024 TDECU, Houston’s largest credit union, will continue to extend ATM fee reimbursements at non-TDECU locations to all its Members for one more month as it enters the final stages of its ATM upgrade project. The not-for-profit credit union is upgrading its entire ATM system with new machines that boast innovative technology designed to provide greater financial security for Members. Members may experience some logistical delays as the ATM machine at their local TDECU Member Center is taken offline, but the inconvenience will lead to an improved Member Experience. […] - [Hartford Federal Credit Union Selects Lucas Manzi as SVP-Chief Financial Officer](https://thecreditunionconnection.com/hartford-federal-credit-union-selects-lucas-manzi-as-svp-chief-financial-officer/): Hartford Federal Credit Union is pleased to announce the hiring of Lucas Manzi as the Credit Union’s new SVP-Chief Financial Officer. In his new role, Manzi will oversee the finance and accounting operations, as well as the IT Department for the Bauer Financial 5-Star rated financial institution. “Lucas is an experienced CFO, and we are delighted to have him join the Hartford Federal Credit Union team!” said Ed Danek, President & CEO of Hartford Federal Credit Union. Before joining Hartford Federal Credit Union, Manzi served as the Chief Financial Officer at Arrha Credit Union in Springfield, Massachusetts. During his tenure, […] - [Credit Unions Announce Promotions and Alliant SVP Recieves Top Broker and Lender Award](https://thecreditunionconnection.com/credit-unions-announce-promotions-and-alliant-svp-receives-top-broker-and-lender-award/): A few credit unions, including Robins Financial Credit Union and Greater Texas Credit Union have announced promotions to their leadership teams and an SVP from Alliant Credit Union has been recognized with a Top Broker and Lender award. New Hires BrightStar Credit Union is proud to announce Guy Petroro has joined the team as the new Senior Vice President of Lending. Petroro brings over 25 years of lending experience within the credit union and banking industries, specifically in the South Florida market, where he most recently worked with Dade County Federal Credit Union. For the last 15 years he has […] - [Unitus Community Credit Union to Host Fourth Annual Juntos Avanzamos Celebration](https://thecreditunionconnection.com/unitus-community-credit-union-to-host-fourth-annual-juntos-avanzamos-celebration/): Unitus Community Credit Union is excited to announce its fourth annual Juntos Avanzamos celebration, set to take place at the Unitus Business Center on August 20, 2024, from noon to 2 p.m. Initially a celebration of Unitus earning the Juntos Avanzamos (Together We Advance) designation from Inclusiv, the event has now grown to include Hispanic community partners and advocates, all working together to advance financial inclusion. As part of Unitus’ Community Impact Fund, the credit union will present $100,000 to four local community partners in recognition of their outstanding contributions to the community: Latino Network, Oregon Human Development Corporation (OHDC), […] - [SchoolsFirst Federal Credit Union Sponsors Joan Nelson Award Scholarship in San Diego County](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-joan-nelson-award-scholarship-in-san-diego-county/): SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has partnered with the San Diego County Office of Education (SDCOE) to sponsor the Joan Nelson Award Scholarship. The credit union has granted $7,500 to underwrite the scholarship, which supports those who want to further their education to pursue careers in education management and continue to make an impact through their work. The award is named in honor of Joan Nelson, a former administrator with SDCOE who passed away in 2021 following a successful career as a teacher and administrator. Nelson began her 42-year career in […] - [Veteran Entrepreneurs Launch MyHome App to Help Homeowners Solve the Complexities of Maintaining Most Valuable Asset](https://thecreditunionconnection.com/veteran-entrepreneurs-launch-myhome-app-to-help-homeowners-solve-the-complexities-of-maintaining-most-valuable-asset/): All-in-one home maintenance solution provides screened, dependable, quality vendors in the greater Nashville region. MyHome, a veteran-owned all-in-one home maintenance solution company, today announced the launch of its app to help homeowners solve the complexities of maintaining their most valuable asset – their home. Services are available in the greater Nashville region. MyHome was co-founded by PenFed Foundation Veteran Entrepreneur Program participants Lindsey and Gabe Chrismon. Lindsey graduated from the United States Military Academy at West Point in 2014 as First Captain, the highest-ranking cadet officer and just the fourth woman in West Point history to earn this honor. After […] - [Inclusiv Awarded $1.87 Billion through EPA’s Greenhouse Gas Reduction Fund](https://thecreditunionconnection.com/inclusiv-awarded-187-billion-through-epas-greenhouse-gas-reduction-fund/): Inclusiv’s Clean Communities Investment Accelerator program will bring clean energy opportunities to low-income communities across America Today, on the second anniversary of the Inflation Reduction Act, the Environmental Protection Agency (EPA) awarded Inclusiv $1.87 billion through the Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA). Inclusiv is ready to put this award to work to ensure the credit union movement has the tools and resources needed to deliver energy efficiency and clean energy access to consumers, homeowners, and small businesses in low-income and disadvantaged communities across the country. “Inclusiv was honored to be selected for the EPA’s Clean […] - [PenAir Credit Union Launches \"Old Glory\" Program to Honor Retired American Flags](https://thecreditunionconnection.com/penair-credit-union-launches-old-glory-program-to-honor-retired-american-flags-3/): PenAir Credit Union (PenAir) is proud to announce the launch of its \”Old Glory\” flag retirement program, a new initiative dedicated to the respectful retirement of old, worn, or tattered American flags. Community members are encouraged to bring their retired flags to any PenAir branch to ensure flags are retired with the honor they deserve. \”Our American flag holds profound significance as a symbol of our nation\’s heritage,” said Lee Morgan, President and CEO of PenAir. “With the Old Glory Box program, we aim to preserve the respect and honor these symbols deserve. We invite the community to join us […] - [PenAir Credit Union Launches \"Old Glory\" Program to Honor Retired American Flags](https://thecreditunionconnection.com/penair-credit-union-launches-old-glory-program-to-honor-retired-american-flags-2/): PenAir Credit Union (PenAir) is proud to announce the launch of its \”Old Glory\” flag retirement program, a new initiative dedicated to the respectful retirement of old, worn, or tattered American flags. Community members are encouraged to bring their retired flags to any PenAir branch to ensure flags are retired with the honor they deserve. \”Our American flag holds profound significance as a symbol of our nation\’s heritage,” said Lee Morgan, President and CEO of PenAir. “With the Old Glory Box program, we aim to preserve the respect and honor these symbols deserve. We invite the community to join us […] - [PenAir Credit Union Launches \"Old Glory\" Program to Honor Retired American Flags](https://thecreditunionconnection.com/penair-credit-union-launches-old-glory-program-to-honor-retired-american-flags/): PenAir Credit Union (PenAir) is proud to announce the launch of its \”Old Glory\” flag retirement program, a new initiative dedicated to the respectful retirement of old, worn, or tattered American flags. Community members are encouraged to bring their retired flags to any PenAir branch to ensure flags are retired with the honor they deserve. \”Our American flag holds profound significance as a symbol of our nation\’s heritage,” said Lee Morgan, President and CEO of PenAir. “With the Old Glory Box program, we aim to preserve the respect and honor these symbols deserve. We invite the community to join us […] - [DCUC Conference: Day 4 Recap](https://thecreditunionconnection.com/dcuc-conference-day-4-recap-1/): The Defense Credit Union Council’s (DCUC) 2024 Annual Conference moved into another conference day where DCUC Chief Advocacy Officer, Jason Stverak, welcomed several guest speakers and industry leaders to the stage for discussions on current and future industry insights. Stverak began the general session by inviting Grace Newcombe Colvin, Vice President of Federal Advocacy and Strategy of the League of Southeastern Credit Unions & Affiliates (LSCU), to share a brief overview of matters the league is tracking. Afterward, Stverak and DCUC guest, Ryan Donavan, President/CEO of the Council of Federal Home Loan Banks, discussed the FHLBank System\’s role and what […] - [The Salvation Army of the Carolinas Receives $250,000 Grant for Disaster Relief Services](https://thecreditunionconnection.com/the-salvation-army-of-the-carolinas-receives-250000-grant-for-disaster-relief-services/): SECU Foundation has furthered its support for disaster relief services in North Carolina with a $250,000 grant to The Salvation Army of the Carolinas. The funding will support its Emergency Assistance in Disaster project, enabling the non-profit to provide regional services to communities in the wake of a disaster, as well as critical social services to individuals experiencing crises. SECU Foundation is no stranger to the incredible work and arsenal of Salvation Army corps of members and volunteers ready to assist residents in every part of the state. During the COVID-19 pandemic, the non-profit received a total of $2 million […] - [Small But Mighty: Webinar to Offer Insight into Turning Challenges of Small Credit Unions into Advantages ](https://thecreditunionconnection.com/small-but-mighty-webinar-to-offer-insight-into-turning-nbspchallenges-of-small-credit-unions-into-advantagesnbsp/): Credit unions have traditionally stepped up to meet the banking needs of underserved financial consumers. Despite their vital role in many communities, small credit  unions face daunting challenges to their autonomy and sustainability. The unrelenting pace of mergers in the industry – 46 approved in just the second quarter of 2024 – calls into question the very future of smaller-asset credit unions.  Sometimes a merger is the best way forward. Whichever path they choose – merger or not – credit union leaders and their members should not feel forced into it – and they should be on the same page when it comes […] - [The Velera Payments Index: August 2024](https://thecreditunionconnection.com/the-velera-payments-index-august-2024/): Today, Velera – formerly PSCU/Co-op Solutions – published the August edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. In July, growth in consumer spending slowed to some of the weakest rates of 2024. Multiple economic indicators also reveal slowing activity and point toward interest rate cuts by the next Fed meeting in September. In our August 2024 edition of the Velera Payments Index, we present a Deep Dive on the spending activity surrounding […] - [13 More Makes 100: AKUVO Achieves Milestone](https://thecreditunionconnection.com/13-more-makes-100-akuvo-achieves-milestone/): AKUVO, a leading technology organization specializing in  collections and credit risk management, proudly announces reaching the significant milestone  of serving 100 customers. This achievement comes after recently signing 13 new financial  institutions to the AKUVO Platform.  \”Reaching the 100-customer mark underscores our dedication to enhancing the financial  community’s ability to manage collections through advanced technology solutions,” reflected AKUVO Founder Jay Mossman.   “As financial institutions outgrow their current systems, increased efficiency is at or near the  top of their must-have lists,” he added. “The AKUVO Platform improves efficiency while  increasing recoveries and boosting performance thanks to automated playbooks, advanced  integrations and […] - [LGE Foundation Donates $20,000 to Nonprofits in Northwest Georgia ](https://thecreditunionconnection.com/lge-foundation-donates-20000-to-nonprofits-in-northwest-georgianbsp/): The LGE Community Outreach Foundation recently presented a total of $20,000  to four nonprofit organizations in northwest Georgia as part of LGE Community Credit Union’s ongoing effort to  support local communities.  The LGE Foundation selected four nonprofit organizations that demonstrate an exceptional commitment to the  credit union principle of “people helping people.” Nonprofits that received a $5,000 donation include ESP Rome,  Family Resource Center of Gordon County, Hospitality House for Women, and Voluntary Action Center.  “These donations demonstrate LGE’s belief in the power of community, the importance of service, and a  commitment to supporting those who work tirelessly to make […] - [Bloom Credit Launches Consumer Permissioned Data Service Bloom+ with Inspire Federal Credit Union As Its First Client](https://thecreditunionconnection.com/bloom-credit-launches-consumer-permissioned-data-service-bloom-with-inspire-federal-credit-union-as-its-first-client/): Newest Bloom Credit innovation gives banks and credit unions a tool to help their customers build credit profiles; TransUnion® is first major credit bureau collaborator Bloom Credit today announced the introduction of Bloom+ with Inspire Federal Credit Union as its first client. TransUnion, one of the three major credit bureaus, collaborated with Bloom Credit to be the initial receiver of the data. The white-labeled, no-code API allows banks to offer their customers the ability to report alternative credit scoring data from their primary checking accounts to credit bureaus in order to help build credit profiles. “Banks and credit unions want […] - [Amount Raises $30 Million in Equity Funding to Power Digital Lending Solutions for Credit Unions and Banks](https://thecreditunionconnection.com/amount-raises-30-million-in-equity-funding-to-power-digital-lending-solutions-for-credit-unions-and-banks/): Curql, a collective of credit unions jointly investing in fintech, joins existing investors Goldman Sachs, WestCap, Hanaco, and QED Investors Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, today announced the successful close of a $30 million equity capital raise. The company will use the funds to further invest in its world-class technology and accelerate its progress in the credit union sector, building on Amount’s successful track record of helping financial institutions simplify and streamline their business processes. Amount welcomes Curql, a collective of credit unions jointly investing in […] - [Dakota CU Foundation Donates $25,000 to CMN Hospital](https://thecreditunionconnection.com/dakota-cu-foundation-donates-25000-to-cmn-hospital/): PHOTO L TO R: Holly Steier; director, Western Cooperative CU; Tyler Gross, secretary/treasurer, Sioux Valley Co-op FCU; Hillery Mork, lead development officer, Sanford Health Foundation; Jim Schaefbauer, vice chair, president/CEO United Savings CU; Jeff Olson, director, president/CEO Dakota Credit Union Association; Lisa Snedeker, director, Dakotaland FCU; and Kylee Lemieux, director, North Star Community CU. The Dakota Credit Union Foundation (Foundation) held their 8th Annual Golf Scramble on Tuesday, August 13, 2024, at Rose Creek Golf Course in Fargo, ND. The day was dedicated to raising funds for the new CU4Kids Micropreemie Unit at Fargo’s Sanford Children’s Hospital, the state’s only […] - [Reminder: Comments As Part of EGRPRA Review Due Aug. 21](https://thecreditunionconnection.com/reminder-comments-as-part-of-egrpra-review-due-aug-21/): Comments on a voluntary regulatory review and request for comment to reduce the regulatory burden of federally insured credit unions are due by Aug. 21. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years to identify any outdated, unnecessary, or unduly burdensome regulations applicable to insured depository institutions. Although the statute does not apply to the NCUA, in keeping with the spirit of the law, the agency is voluntarily participating along with the federal banking agencies in this decennial review […] - [Michigan Educational Credit Union Implements New Digital Banking Platform from Lumin Digital](https://thecreditunionconnection.com/michigan-educational-credit-union-implements-new-digital-banking-platform-from-lumin-digital/): Michigan Educational Credit Union (MECU) today announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital. MECU\’s rollout of Lumin\’s digital banking platform comes as the institution works to continually enhance its members\’ banking experience by evolving with the latest industry standards and innovations. The credit union sought a solution more closely aligned with its mission—a digital banking provider that would offer advanced technologies, quickly address requested changes, and consistently introduce new product features. Lumin\’s platform is updated regularly and seamlessly without disrupting end-user access, allowing MECU and its members to benefit […] - [Inspiration and Dedication: GTE Financial Awards $81,000 in Scholarships to 27 Aspiring Students](https://thecreditunionconnection.com/inspiration-and-dedication-gte-financial-awards-81000-in-scholarships-to-27-aspiring-students/): In an enduring commitment to the development of future students, GTE Financial is proud to announce the awarding of $81,000 in scholarships this year, benefitting 27 distinguished students at the 13th annual Student Scholarship Luncheon. Since the inception of the program, GTE Financial has awarded $1,039,000 in scholarship funds. These awards aim to alleviate financial burdens and foster educational growth in areas including Pre-Med, Nursing, Business, Engineering, and several other crucial fields. The recipients chosen for their academic excellence, leadership, and community service represent the bright future of our community. Their extensive involvement, reflected in an impressive accumulation of 6,619 […] - [One Detroit Credit Union CEO to Retire at Year-End; Announces Appointment of First Woman CEO](https://thecreditunionconnection.com/one-detroit-credit-union-ceo-to-retire-at-year-end-announces-appointment-of-first-woman-ceo/): Historic Leadership Transition as Hank Hubbard Retires After 30 Years, Passing the Torch to the first Woman and African American CEO, Portia Powell One Detroit Credit Union (1DCU) is proud to announce the appointment of Portia Powell as its next Chief Executive Officer to begin January 2025. Powell, a seasoned leader with over two decades of experience in the financial services industry, makes history as the first woman and African American that will lead the credit union for its 90-year history. Powell\’s appointment comes as One Detroit Credit Union approaches its 90th anniversary beginning January 2025, a milestone that coincides with […] - [Aggieland Credit Union Gives Away $5,000 in Tuition Takedown Sweepstakes](https://thecreditunionconnection.com/aggieland-credit-union-gives-away-5000nbspin-tuition-takedown-sweepstakes/): Texas A&M Kinesiology major Rebecca McFarland is the winner of $5,000 from Aggieland Credit Union. Texas A&M Sophomore Rebecca McFarland from Bastrop won the Aggieland Credit Union Tuition Takedown Sweepstakes, netting her $5,000. McFarland, from Bastrop, was randomly selected from more than 80,000 entries in the seventh annual Tuition Takedown Sweepstakes, created by the credit union to help an Aggie student with their college expenses. “I was checking out of the grocery store when I received a message saying I won $5,000 from Aggieland Credit Union,” said McFarland. “I started tearing up because I had been stressing out over the cost […] - [equipifi Unveils Fully Hybrid Agenda for Annual BNPL Summit](https://thecreditunionconnection.com/equipifi-unveils-fully-hybrid-agenda-for-annual-bnpl-summit/): Insights & Innovation in BNPL returns in October 2024 with sessions from industry thought leaders, executives from major financial institutions, and the former Head of Innovation at the Consumer Financial Protection Bureau equipifi, the leading Buy Now, Pay Later (BNPL) platform helping banks and credit unions bring financial flexibility to their account holders, released the agenda for its annual event today. This year, Insights and Innovation in BNPL (BNPL Summit) will be fully hybrid with a mixture of pre-recorded, streamed, and live content designed to maximize accessibility as well as collaboration among financial institutions. Participants can attend in person in […] - [DCUC 2024 Annual Conference: Day Three Recap](https://thecreditunionconnection.com/dcuc-2024-annual-conference-day-three-recap/): The Defense Credit Union Council (DCUC) 2024 Annual Conference continued on Wednesday, August 14, beginning with its patriotic opening ceremony led by DCUC Board Chair Jack Fallis. During his opening remarks, Fallis touched on DCUC’s growth and broadened mission over the years, and how the Council is positioning its representation on behalf of all credit unions serving military and veterans’ financial needs. “We’ve seen how many military and veteran families are no longer only living on the installation. This means active duty, Guardsmen, Reservists, and their families as well as veterans are embedded throughout our local communities nationwide,” shared Fallis. […] - [Eltropy Climbs to No. 438 on Inc. 5000 Fastest-Growing Companies List for 2024](https://thecreditunionconnection.com/eltropy-climbs-to-no-438-on-inc-5000-fastest-growing-companies-list-for-2024/): Leading unified conversations platform for credit unions and community banks achieves third consecutive ranking on the prestigious list, showcasing Eltropy’s 1,023% three-year growth rate Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), is proud to announce its inclusion for the third consecutive year on the prestigious Inc. 5000 list of the fastest-growing private companies in America for 2024. This recognition underscores Eltropy\’s continued innovation and excellence in the fintech sector, mainly serving community financial institutions. The Inc. 5000 list remains a key indicator of the most successful and dynamic companies within the U.S. economy. Eltropy\’s consistent upward […] - [Climb Credit Union Shows Support for Porter-Billups Leadership Academy with $50,000 Donation and Student Computers](https://thecreditunionconnection.com/1ww7hcai0cp5fm9f2u0stzlm46tu38/): Climb Credit Union reaffirmed its support for the Porter-Billups Leadership Academy (PBLA) with a generous $50,000 donation at the 2024 PBLA Annual Charity Golf Tournament. Climb Credit Union\’s dedication to supporting PBLA goes beyond financial assistance. This year, they generously donated over 50 laptops and a charging cart to benefit the students. These laptops provided essential support to current students during the program and equipped graduating seniors with essential tools for their future. Showing unwavering dedication to volunteerism and utilizing their expertise in financial literacy, Climb Credit Union employees taught three middle school financial education courses during the academy. Additionally, […] - [600 kids benefit from Kinecta FCU’s 15th Annual Backpack Drive](https://thecreditunionconnection.com/600-kids-benefit-from-kinecta-fcus-15th-annual-backpack-drive/): Kinecta Federal Credit Union hosted its 15th Annual Back-to-School Backpack Drive on August 10th to help students prepare for the 2024-2025 school year. More than 600 students received backpacks filled with various school supplies. Additionally, sack lunches and ice cream from the Kinecta ice cream truck were provided at the event. “Making an impact in the communities we serve is an important part of the Kinecta culture,” said Latrice McGlothin, Executive Director of the Kinecta Community Foundation. “One way Kinecta does that is by fostering education and hosting an annual backpack drive; providing kids with the supplies they need is […] - [Wheelhouse Credit Union Honors San Diego County First Responders with 2024 Badge of Honor Scholarships](https://thecreditunionconnection.com/wheelhouse-credit-union-honors-san-diego-county-first-responders-with-2024-badge-of-honor-scholarships/): Wheelhouse Credit Union (Wheelhouse) has awarded five $1,000 “Badge of Honor” Scholarships to college-bound students to honor the heroic efforts of San Diego County’s first responders and their families. In the fifth year of the Badge of Honor program, scholarships were awarded to rising college freshmen with a parent/grandparent/legal guardian who is an active member of law enforcement, fire protection service, healthcare or EMT in San Diego County. “We are proud to honor our first responders and their families and express our appreciation to these heroes for their service and dedication to our San Diego community through these scholarships,” said […] - [AUX WELCOMES FOURTEEN NEW CLIENTS IN Q1 & Q2 2024](https://thecreditunionconnection.com/aux-welcomes-fourteen-new-clients-in-q1-amp-q2-2024/): Aux, a premier provider of back-office services to credit unions, continues its steady growth, welcoming fourteen new clients. The new additions highlight the increasing demand for affordable, expert-level support in accounting, CFO consulting, compliance, and marketing. This emphasizes a growing trend among credit unions seeking specialized assistance in these areas. These additions include: CFO Services: MYUSA CU CREDIT UNON OF VERMONT Accounting Services: SUPERIOR CU  MASSMUTUAL FCU MARKET USA FCU UNIVERSITY OF NEBRASKA FCU Compliance Services: 167TH TFR FCU NEW YORK EPISCOPAL CU R G FCU  LG&W FCU WESTERN VISTA FCU TRUCHOICE FCU MASSMUTUAL FCU Marketing Services: PLEXCITY With the […] - [The Cooperative Credit Union Association Announces Partners with CU DigiLend to Enhance Member Services](https://thecreditunionconnection.com/the-cooperative-credit-union-association-announces-partners-with-cu-digilend-to-enhance-member-services/): The Cooperative Credit Union Association (CCUA) proudly partners with CU DigiLend, a cutting-edge technology platform offering white-labeled solutions for credit unions.  This strategic partnership brings CU DigiLend\’s innovative point-of-sale financing program to CCUA\’s member credit unions, enhancing their ability to provide convenient, flexible financing options to their members and support local businesses in offering these financing solutions to their membership. CU DigiLend, known for its advanced technology and seamless user experience, empowers credit unions to offer personal financing at the point of sale. This service simplifies the loan application process, making it easier for existing and potential members to access […] - [$350,000 Grant from SECU Foundation Helps Expand Access to Healthcare Services in Mecklenburg County](https://thecreditunionconnection.com/350000-grant-from-secu-foundation-helps-expand-access-to-healthcare-services-in-mecklenburg-county/): Holding check left to right are Care Ring Executive Director Tchernavia Montgomery; SECU Foundation Executive Director Jama Campbell, and SECU Foundation Board Member McKinley Wooten, surrounded by Care Ring, SECU, and SECU Foundation representatives. A $350,000 grant from SECU Foundation will help Care Ring significantly expand its comprehensive healthcare services for low-income and uninsured residents of Mecklenburg County. The grant will be used for the renovation of a 13,000 square foot structure in downtown Charlotte that, to date, is recognized as the sole charitable clinic within a seven-mile radius. Care Ring has been a leading non-profit healthcare resource of the […] - [Alkami Integrates Credential Stuffing Protection Into Its Digital Banking Platform](https://thecreditunionconnection.com/alkami-integrates-credential-stuffing-protection-into-its-digital-banking-platform/): Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced the implementation of its credential stuffing protection into its digital banking platform challenge-response authentication process. This feature automatically checks for human behavior in the background, without requiring visual puzzles or additional time spent, ensuring a seamless interaction for legitimate users. \”This enhancement in Alkami\’s platform has given us the ability to provide an additional layer of security for our account holders. The secure and seamless login experience has contributed to reducing potential fraudulent activities, offering our customers greater peace of mind […] - [How Credit Unions Can Navigate Lending Hardships](https://thecreditunionconnection.com/how-credit-unions-can-navigate-lending-hardships/): Credit unions and other community lenders are navigating lending challenges ranging from tight liquidity to declining loan performance. In addition, the Credit Card Competition Act could present new challenges when it comes to fee income. With all this in mind, it’s become more important than ever for credit unions to find ways to survive hardship and diversify income so they can thrive. Host Sarah Snell Cooke recently talked with the CEO of Constant AI, Catherine York Powers, about how the company is helping community lenders with hardship relief and how the role of automation on the back end of the […] - [Investing in the Future: Gesa Credit Union Backs Nymbus to Drive Sustainable Growth](https://thecreditunionconnection.com/investing-in-the-future-gesa-credit-union-backs-nymbus-to-drive-sustainable-growth/): Nymbus® has secured a strategic investment from Gesa Credit Union, a $5.5B+ Washington-based financial institution serving nearly 290,000 members across the Pacific Northwest. This investment will fuel Nymbus\’ ongoing mission to help credit unions create sustainable growth in an increasingly competitive market dominated by megabanks and fintech organizations. \”Nymbus is dedicated to solving real challenges faced by credit unions,\” said Jeffery Kendall, Executive Chairman and CEO of Nymbus. \”Gesa\’s strategic investment validates our approach to helping credit unions break free from the limitations of legacy technology and field of membership constraints. This partnership underscores our commitment to providing best-in-suite solutions […] - [DCUC Urges Credit Unions to Support \"Clean\" FY2025 NDAA and Defend CU Tax Exemption Status](https://thecreditunionconnection.com/dcuc-urges-credit-unions-to-support-clean-fy2025-ndaa-and-defend-cu-tax-exemption-status-2/): Today, the Defense Credit Union Council (DCUC) called on its member credit unions to join its efforts in urging both houses of Congress to pass a \”clean\” FY2025 National Defense Authorization Act (NDAA) and protect the industry\’s current tax exemption status. The Council pointed to recent attempts to amend the NDAA by opening the Federal Credit Union Act (FCUA) to allow credit unions to accept non-member deposits. DCUC also highlighted its joint letter with America’s Credit Unions (ACU) sent to the Senate Armed Services Committee in June, which raised these concerns. In addition, DCUC noted its continued efforts in the weeks […] - [DCUC Urges Credit Unions to Support \"Clean\" FY2025 NDAA and Defend CU Tax Exemption Status](https://thecreditunionconnection.com/dcuc-urges-credit-unions-to-support-clean-fy2025-ndaa-and-defend-cu-tax-exemption-status/): Today, the Defense Credit Union Council (DCUC) called on its member credit unions to join its efforts in urging both houses of Congress to pass a \”clean\” FY2025 National Defense Authorization Act (NDAA) and protect the industry\’s current tax exemption status. The Council pointed to recent attempts to amend the NDAA by opening the Federal Credit Union Act (FCUA) to allow credit unions to accept non-member deposits. DCUC also highlighted its joint letter with America’s Credit Unions (ACU) sent to the Senate Armed Services Committee in June, which raised these concerns. In addition, DCUC noted its continued efforts in the weeks […] - [On Tap Credit Union Supports Education with Two $2,000 Scholarships for Local Students](https://thecreditunionconnection.com/on-tap-credit-union-supports-education-with-two-2000-scholarships-for-local-students/): Tracie Wilcox, President and CEO of On Tap Credit Union, with their 2024 scholarship winners Kaiden Salazar and Jaidynn Herring. This back-to-school season, as part of its ongoing commitment to empowering the community, On Tap Credit Union is proud to announce the awarding of two $2,000 scholarships to local students preparing for the upcoming school year. These scholarships are designed to help students achieve their educational goals and alleviate some of the financial burdens that come with higher education. At On Tap Credit Union, they believe that investing in the education of their community’s youth is an investment in a […] - [Rapid Finance Announces Integration With Q2’s Digital Banking Platform to Provide Small Business Lending Solutions](https://thecreditunionconnection.com/rapid-finance-announces-integration-with-q2s-digital-banking-platform-to-provide-small-business-lending-solutions/): Q2 digital banking customers can now offer Rapid Finance’s financing solutions to their small business customers through the Q2 Partner Marketplace Rapid Finance today announced its integration with Q2’s Digital Banking Platform and its participation in the Q2 Partner Marketplace. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. Through this integration, Rapid Finance can now offer their small business financing solutions via the Q2 Digital Banking Platform, enabling a seamless, secure and API-driven experience for customers. The Q2 Partner Marketplace, which is part of the Q2 Innovation Studio solution, allows banks and credit unions to provide […] - [Jack Henry Again Named to IDC FinTech Rankings Top 25](https://thecreditunionconnection.com/jack-henry-again-named-to-idc-fintech-rankings-top-25/): Annual revenue lands financial technology provider on prestigious list for 16th consecutive year Jack Henry™ (Nasdaq: JKHY) announced today that the company ranked No. 11 in IDC\’s 2024 FinTech rankings of leading companies that provide hardware, software, and services to the financial services industry. This is the 16th consecutive year Jack Henry has appeared on the prestigious list. The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar-year revenue from financial institution clients. These providers supply the technological backbone of the financial services industry, which the IDC projects will spend more than $800 billion worldwide […] - [Addition Financial and PETE Partner to Innovate Employee Training with Cutting-Edge AI Tools](https://thecreditunionconnection.com/addition-financial-and-pete-partner-to-innovate-employee-training-with-cutting-edge-ai-tools/): Addition Financial Credit Union announced today they are partnering with EdTech startup PETE to enhance team training for the credit union with AI-driven learning platforms. Addition Financial is the first financial institution to partner with the Orlando-based company. By integrating PETE’s AI-powered technology, Addition Financial will be able to deliver hyper-personalized training materials and courses at a fraction of the time and cost the credit union typically expends. PETE’s platform allows the credit union to seamlessly host, manage, and distribute training content in their own customized online learning platform. “Collaborating with a pioneering AI company like PETE is a great […] - [United Federal Credit Union Recognized as Global Workplace Leader](https://thecreditunionconnection.com/united-federal-credit-union-recognized-as-global-workplace-leader/): United named to the 2024 Global Top 100 Inspiring Workplaces list. Already recognized as one of the Top 100 Workplaces in North America, United Federal Credit Union (United) has earned a new distinction on the worldwide stage after being named one of the 2024 Global Top 100 Inspiring Workplaces by Inspiring Workplaces Group. The Top 100 list recognizes truly people-first organizations and has been compiled from the highest-scoring winners across Asia, Australasia, Europe, Latin America, Middle East & Africa, North America, and the UK & Ireland. In each region, The Inspiring Workplaces Awards 2024 asks the same case study questions […] - [Member Access Processing (MAP) Welcomes Andrea Rusnak as Chief Strategy Officer](https://thecreditunionconnection.com/member-access-processing-map-welcomes-andrea-rusnak-as-chief-strategy-officer/): Member Access Processing (MAP) welcomes Andrea Rusnak as Senior Vice President, Chief Strategy Officer. Andrea brings over two decades of strategic leadership experience in the financial services and payments landscapes, with a demonstrated history of fostering growth and innovation within the credit union movement. She has a strong background in driving member engagement across payment channels, and a proven track record of championing innovation, optimizing payments processing and helping credit unions grow their portfolios. Andrea’s expertise in managing client relationships, leading high-performing teams, supporting credit unions and commitment to service quality make her an ideal member of the MAP team. […] - [Eltropy Leadership Summit 2024 Concludes, Highlighting Community Focus and Financial Security in an AI Era](https://thecreditunionconnection.com/eltropy-leadership-summit-2024-concludes-highlighting-community-focus-and-financial-security-in-an-ai-era/): C-Suite executives and industry experts explore credit union and community banks’ evolving role in community support, fraud prevention, and responsible AI implementation The third annual Eltropy Leadership Summit, held August 26-28, 2024, at the Sundance Mountain Resort in Utah, has concluded, leaving attendees with renewed commitment to focus on their communities and strategies for strengthening financial security and fraud prevention in a digital and AI-driven age.  Organized by Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), the summit—dubbed by many as the “Davos for CFIs”—brought together C-level thought leaders, industry experts, and professionals from credit unions and […] - [Credit Union Assets and Loans Grow, Delinquencies Increase, Net Income Down](https://thecreditunionconnection.com/credit-union-assets-and-loans-grow-delinquencies-increase-net-income-down/): NCUA Releases Second Quarter 2024 Credit Union System Performance Data According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions rose by $79 billion, or 3.5 percent, over the year ending in the second quarter of 2024 to $2.3 trillion. The delinquency rate at federally insured credit unions was 84 basis points in the second quarter of 2024, up 21 basis points compared with the second quarter of 2023. Net income for federally insured credit unions in the first half of 2024 totaled $15.7 billion at an annual […] - [Robins Financial Announces New Hire and Promotion and SDCCU SVP Named Influential Business Leader](https://thecreditunionconnection.com/robins-financial-announces-new-hire-and-promotion-and-sdccu-svp-named-influential-business-leader/): Robins Financial Credit Union has announced a new hire and promotion within its leadership, and an SVP from San Diego County Credit Union has been named among San Diego’s Influential Business Leaders by the San Diego Business Journal. New Hires Robins Financial Credit Union is pleased to announce the appointment of Andrew Robinson to the position of Director of Project Management. Robinson’s career in Information Technology began as a Computer Network Administrator, but it was his entrepreneurial spirit that defined his path. Co-founding an IT services business in Middle Georgia, Robinson grew the company into a thriving operation with 40 […] - [Rocky Mountain Credit Union Announces the Retirement of CEO Steve Sendon](https://thecreditunionconnection.com/rocky-mountain-credit-union-announces-the-retirement-of-ceo-steve-sendon/): Rocky Mountain Credit Union announced the upcoming retirement of President/CEO Steve Sendon. Steve has served Rocky Mountain Credit Union for more than 17 years, with the past 6 years as President/CEO. Under Steve’s leadership, Rock Mountain Credit Union has grow to more than $370 million in assets and over 25,000 members. The Board has engaged D. Hilton Associates to conduct a nationwide search. When asked to comment on Steve’s upcoming retirement, the Board stated, “We will miss Steve, but we are excited for him and his well-earned retirement. We thank Steve for his many years of service to our credit […] - [Key Considerations for a Smarter, Safer AI Strategy](https://thecreditunionconnection.com/key-considerations-for-a-smarter-safer-ai-strategy-1/): Connor Heaton, Director of Artificial Intelligence, SRM Artificial intelligence (AI) is creating a seismic shift in the financial services ecosystem. Typically, use cases for AI were limited to specific tasks like loan decisioning, fraud detection, or sentiment analysis. However, the rise of generative AI and Large Language Models (LLM) has democratized the field, making AI tools user-friendly, cost-effective, and applicable across various domains. Widespread AI adoption is inevitable, particularly as high-profile organizations begin to leverage generative AI capabilities. For instance, payments giant Stripe successfully leveraged ChatGPT-4 to automate monitory capabilities, flagging fraudulent activities within community and support forum posts. Additionally, […] - [CFPB Report Highlights Consumer Protection Issues in Medical and Rental Debt Collection](https://thecreditunionconnection.com/cfpb-report-highlights-consumer-protection-issues-in-medical-and-rental-debt-collection/): Debt collectors are pursuing consumers using illegal tactics for debts they do not owe The Consumer Financial Protection Bureau (CFPB) today issued its annual report on debt collection, which highlights aggressive and illegal practices in the collection of medical debt and rental debt. The report discusses how problems with real estate companies’ “revenue management software” can result in improperly inflated rental debt amounts. The report also focuses on debt collectors’ attempts to collect medical bills already satisfied by non-profit hospitals’ financial assistance programs, as well as the fact that many medical bills from low-income consumers do not get addressed by […] - [Eau Claire Marathon & Royal Credit Union Announce New Title Sponsorship & 10K Charity Classic Race Transition](https://thecreditunionconnection.com/eau-claire-marathon-amp-royal-credit-union-announce-new-title-sponsorship-amp-10k-charity-classic-race-transition/): The Eau Claire Marathon announces Royal Credit Union will serve as title sponsor of the Eau Claire Marathon race weekend. The three-year agreement will begin with the 2025 event held April 26-27.  “The Biggest Small Town Race in the US” is expecting 5,000 participants and over 1,000 volunteers. The Eau Claire Marathon was voted Wisconsin’s #1 half marathon (2024) and #1 full marathon (2023) by RaceRaves. Registration for the 2025 event is currently open and more information can be found at www.eauclairemarathon.com. “Eau Claire Marathon organizers have built an amazing event that provides so much value to our community including […] - [ASA and Sharetec Partner to Transform Credit Union, Fintech Collaboration](https://thecreditunionconnection.com/asa-and-sharetec-partner-to-transform-credit-union-fintech-collaboration/): ASA, an embedded App Store as a Service provider, today announced a long-term strategic partnership with Sharetec, a web-based core processing platform for credit unions. Sharetec will be the first to integrate ASA’s embedded app store, ASA Vault, into its digital banking platform, allowing Sharetec’s nearly 300 credit union customers to boost deposits, interchange, member engagement, and growth.   Through the partnership, Sharetec credit unions will be able to offer an app store of valuable fintech tools directly within their digital banking platforms while minimizing fraud exposure and giving users complete control over the sharing of their financial data. Using their […] - [Small and Midsize Business Lending Fraud Rises Over the Past Year, with Lenders Anticipating Further Increases in the Year Ahead](https://thecreditunionconnection.com/small-and-midsize-business-lending-fraud-rises-over-the-past-year-with-lenders-anticipating-further-increases-in-the-year-ahead/): According to a LexisNexis Risk Solutions Study, Digital Channels See Biggest Increase in SMB Lending Fraud Small and medium-sized business (SMB) lending fraud has increased by a double-digit percentage year over year, with most lenders expecting fraud levels to continue to increase in the coming months, as revealed by the latest edition of the LexisNexis® Risk Solutions Small and Midsize Business Lending Fraud Study. Overall, more than 80% of respondents said that SMB lending fraud has risen by nearly 14% over the last year, even as lenders are less willing to issue new credit. SMB lending fraud is increasing at consistent rates […] - [Organization Encourage Credit Unions to Celebrate International Credit Union Day on October 17](https://thecreditunionconnection.com/organization-encourage-credit-unions-to-celebrate-international-credit-union-day-on-october-17/): In the spirit of unity, the Credit Union League System, the American Association of Credit Union Leagues (AACUL) and America’s Credit Unions encourage credit unions nationwide to join our colleagues at the World Council of Credit Unions (WOCCU) and the Worldwide Foundation for Credit Unions (WFCU) to “educate, celebrate, and participate” in International Credit Union (ICU) Day on Thursday, October 17. “International Credit Union (ICU) Day® celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement\’s history, promote its achievements, recognize hard work and share member experiences”, explains WFCU President […] - [AdelFi Credit Union Partners with Judson University to Become the Preferred Financial Institution](https://thecreditunionconnection.com/adelfi-credit-union-partners-with-judson-university-to-become-the-preferred-financial-institution/): AdelFi Credit Union is proud to announce its partnership with Judson University as the preferred credit union for students, staff, families, and alumni. This collaboration will provide a range of consumer banking services and financial education rooted in Christian stewardship. Under this new partnership, AdelFi will offer comprehensive banking solutions to the Judson University community, emphasizing the integration of faith and finances. Services will include savings and checking accounts, loans, online banking, and more, all designed to support the financial well-being of those associated with Judson University. \”We are thrilled to partner with Judson University to bring our unique, faith-based […] - [Free Educational Webinars for National College Savings Month](https://thecreditunionconnection.com/free-educational-webinars-for-national-college-savings-month/): Throughout September, SDCCU will present special college preparation webinars as part of SDCCU’s Financial Wellness Wednesdays San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is committed to providing the necessary information needed to help families prepare and save for college, one of the biggest investments in life. In celebration of September’s National College Savings Month, SDCCU will present free weekly educational webinars on college savings and financing as part of Financial Wellness Wednesdays. The topics include How to Pay for College, Your Guide to 529 College Savings Plans and FAFSA: The Key to Unlocking […] - [Members First 26th Annual Swinging for Scholarships Golf Outing Raises $10,000](https://thecreditunionconnection.com/members-first-26th-annual-swinging-for-scholarships-golf-outing-raises-10000/): Members First Credit Union is thrilled to announce that its 26th Annual Swinging for Scholarships Golf Outing, presented by Buck Wild Digital Marketing, raised $10,000. These funds will directly support students pursuing their college or trade school goals in 2025, helping them advance their academic and career objectives. This year’s sold-out event was a resounding success, featuring 36 teams, 144 golfers, and 64 sponsors. The outing was especially notable as the first since the brand refresh, introducing vibrant new colors, updated signage, and an electrifying atmosphere. \”Our Swinging for Scholarships golf outing is more than just a day on the […] - [Evolving Credit Union Branches with the Power of Technology](https://thecreditunionconnection.com/evolving-credit-union-branches-with-the-power-of-technology/): These days, more people would rather take care of their banking needs digitally rather than make the effort to go out to a branch. At the same time, there are still those situations where having human interaction is preferred and necessary. Credit union branches have had to quickly evolve and embrace technology in order to stay relevant, and MiniBranch has been helping credit unions do just that! Our Co-Founder Sarah Snell Cooke sat down with Co-Founder/Director of Business Development at MiniBranch Albert Howard to discuss how credit unions can use technology to improve their branch and digital experiences. They also […] - [Cardinal Credit Union Partners with Browns’ Running Back Nick Chubb](https://thecreditunionconnection.com/cardinal-credit-union-partners-with-browns-running-back-nick-chubb/): Four-time Pro Bowler Nick Chubb, running back for the Cleveland Browns, is partnering with Cardinal Credit Union for the 2024-25 football season. Chubb is helping to to support the launch of the Lil’ Brownies Savings program that provides financial education to elementary and middle aged school children. The Cardinal Credit Union, official credit union of the Cleveland Browns and a member-owned, not-for-profit financial cooperative serving the community through high performance banking products and services, has entered into a partnership with four-time Pro Bowler Nick Chubb, running back for the Cleveland Browns, for the 2024-25 football season. During this time, Chubb […] - [NCUA Releases Ombudsman Annual Report](https://thecreditunionconnection.com/ncua-releases-ombudsman-annual-report-1/): The National Credit Union Administration released today its inaugural Office of the Ombudsman 2023 Annual Report. The report highlights information and statistical data on the Ombudsman’s core programs, stakeholder feedback from the Post Examination Survey, and lessons learned. In addition to defining the Ombudsman Office’s standards of practice and the conditions under which someone should contact the Ombudsman Office, the report provides information on the: Dispute Resolution Program Case Management and Data Analysis Program Stakeholder Engagement and Outreach Program In 2023, the Ombudsman Office fielded 79 information requests, resolved 449 inquiries, and conducted four independent reviews. Lessons learned include the […] - [Court Refuses to Block Small Business Lending Regulation](https://thecreditunionconnection.com/court-refuses-to-block-small-business-lending-regulation/): Henry C. Meier, The Law Office of Henry C. Meier In an important and decisive victory for the CFPB, a federal district court in Texas yesterday refused to block a regulation mandating that financial institutions begin to collect data on minority-owned small businesses from taking effect. Unless the decision is overturned, credit unions that originate 100+ loans for two consecutive years will ultimately have to start collecting and recording information about their small business loans.  The court’s decision in Texas Bankers Association v. Consumer Financial Protection Bureau is the latest chapter related to section 1071 of the Dodd-Frank Act. First, […] - [Superior Credit Union Celebrates 70 Years](https://thecreditunionconnection.com/superior-credit-union-celebrates-70-years/): Superior Credit Union will be hosting a 70th Anniversary celebration at its headquarters in Elida on Friday, October 18th from 12 pm – 2 pm. This event is open to the public with food provided by Shafer’s Smoked Meats and Doughlicious Drizzles & Delights and a live radio broadcast from T102 for attendees. Superior will also have chances to enter their money machine and walk away with cash, as well as limited-time offers exclusive to this event! The Elida location is managed by Pam Vandemark. Vandemark has been a branch manager for five years and has been in the finance […] - [TopLine Financial Credit Union Partners With Rondo Community Land Trust to Create Homeownership Opportunities](https://thecreditunionconnection.com/topline-financial-credit-union-partners-with-rondo-community-land-trust-to-create-homeownership-opportunities/): TopLine is the first credit union to partner with Rondo Community Land Trust TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, partners with Rondo Community Land Trust (RCLT), a non-profit in St. Paul, to help make homeownership affordable for individuals and families earning low-to-moderate incomes, and to preserve affordability for small businesses operated by people of color and non-profits at risk of displacement from rising rents. TopLine has joined forces with Rondo Community Land Trust as the first credit union to be one of their approved mortgage lenders for their Homebuyer Initiated Program (HIP). This program assists […] - [Blue Federal Credit Union Wins Nationwide Recognition](https://thecreditunionconnection.com/blue-federal-credit-union-wins-nationwide-recognition/): Blue Federal Credit Union is thrilled to announce that it has been named the Best Credit Union by Forbes in their prestigious \”Best-In-State Credit Unions\” list. It has also been recognized for offering the Best Checking Account Perks by Newsweek and was ranked as one of the nation\’s Best Credit Unions to work for by American Banker. These recognitions underscore Blue Federal Credit Union\’s unwavering commitment to providing exceptional financial services and support to its members across the country, as well as its dedication to its employees. \”We are incredibly proud to receive these honors from Forbes, Newsweek, and American […] - [PARC Compensation Consulting Launches with Elite Roster of Consultants](https://thecreditunionconnection.com/parc-compensation-consulting-launches-with-elite-roster-of-consultants/): PARC Street Group is thrilled to announce the launch of its latest strategic venture, PARC Compensation Consulting. The launch signals a significant expansion that will elevate and expand PARC Street Group’s capabilities. PARC Compensation Consulting will deliver world-class compensation consulting services to credit union industry clients and other non-profits. This natural extension of services is an answer to the requests of many current clients of PARC Street Partners, a leader in the Supplemental Executive Retirement Plan (SERP) space.  As part of this exciting development, PARC Compensation Consulting has successfully acquired the intellectual capital of Cardwell Consulting, a respected leader in […] - [Shield Compliance Survey Highlights Gaps and Opportunities in Cannabis Banking](https://thecreditunionconnection.com/shield-compliance-survey-highlights-gaps-and-opportunities-in-cannabis-banking/): Today at the PBC Conference, Shield Compliance (www.shieldbanking.com) released the findings of its annual survey of licensed cannabis operators regarding their satisfaction with banking partners, products, and services. As regulations and attitudes toward cannabis evolve, financial institutions (FIs) must understand the needs and concerns of cannabis operators to serve them effectively while meeting regulatory requirements, the expectations of their boards, and the demands of their balance sheets. \”Adoption of technology that integrates data can streamline the compliance burden for financial institutions while creating a consistent, dependable experience for operators,\” said Tony Repanich, President and CEO of Shield Compliance. \”Fortunately, a playbook […] - [CME Federal Credit Union Named One of Crain\'s 2024 Best Employers in Ohio](https://thecreditunionconnection.com/cme-federal-credit-union-named-one-of-crains-2024-best-employers-in-ohio-4/): CME Federal Credit Union has been named one of Crain\’s 2024 Best Employers in Ohio. For the complete list of winners and rankings, see CrainsCleveland.com/BestEmployers. The full Best Employers in Ohio list was announced at an event on Aug. 15. The ranking of the 45 top employers debuted online following the event and will appear in the Aug. 19 print issue of Crain\’s Cleveland Business. The awards program is designed to identify, recognize and honor the best companies to work for in Ohio. In partnership with Workforce Research Group, thousands of employees and their employers were surveyed on the working conditions, benefits and corporate culture that make a company a great place to work. Winners were determined by the results of Workforce Research Group\’s weighted surveys. To be considered for participation, companies had to: Be […] - [CME Federal Credit Union Named One of Crain\'s 2024 Best Employers in Ohio](https://thecreditunionconnection.com/cme-federal-credit-union-named-one-of-crains-2024-best-employers-in-ohio-3/): CME Federal Credit Union has been named one of Crain\’s 2024 Best Employers in Ohio. For the complete list of winners and rankings, see CrainsCleveland.com/BestEmployers. The full Best Employers in Ohio list was announced at an event on Aug. 15. The ranking of the 45 top employers debuted online following the event and will appear in the Aug. 19 print issue of Crain\’s Cleveland Business. The awards program is designed to identify, recognize and honor the best companies to work for in Ohio. In partnership with Workforce Research Group, thousands of employees and their employers were surveyed on the working conditions, benefits and corporate culture that make a company a great place to work. Winners were determined by the results of Workforce Research Group\’s weighted surveys. To be considered for participation, companies had to: Be […] - [CME Federal Credit Union Named One of Crain\'s 2024 Best Employers in Ohio](https://thecreditunionconnection.com/cme-federal-credit-union-named-one-of-crains-2024-best-employers-in-ohio-2/): CME Federal Credit Union has been named one of Crain\’s 2024 Best Employers in Ohio. For the complete list of winners and rankings, see CrainsCleveland.com/BestEmployers. The full Best Employers in Ohio list was announced at an event on Aug. 15. The ranking of the 45 top employers debuted online following the event and will appear in the Aug. 19 print issue of Crain\’s Cleveland Business. The awards program is designed to identify, recognize and honor the best companies to work for in Ohio. In partnership with Workforce Research Group, thousands of employees and their employers were surveyed on the working conditions, benefits and corporate culture that make a company a great place to work. Winners were determined by the results of Workforce Research Group\’s weighted surveys. To be considered for participation, companies had to: Be […] - [CME Federal Credit Union Named One of Crain\'s 2024 Best Employers in Ohio](https://thecreditunionconnection.com/cme-federal-credit-union-named-one-of-crains-2024-best-employers-in-ohio/): CME Federal Credit Union has been named one of Crain\’s 2024 Best Employers in Ohio. For the complete list of winners and rankings, see CrainsCleveland.com/BestEmployers. The full Best Employers in Ohio list was announced at an event on Aug. 15. The ranking of the 45 top employers debuted online following the event and will appear in the Aug. 19 print issue of Crain\’s Cleveland Business. The awards program is designed to identify, recognize and honor the best companies to work for in Ohio. In partnership with Workforce Research Group, thousands of employees and their employers were surveyed on the working conditions, benefits and corporate culture that make a company a great place to work. Winners were determined by the results of Workforce Research Group\’s weighted surveys. To be considered for participation, companies had to: Be […] - [Super Auto App Way.com and Sea Air Federal Credit Union Partner to Ease the Burden of High Interest Car Loans](https://thecreditunionconnection.com/super-auto-app-waycom-and-sea-air-federal-credit-union-partner-to-ease-the-burden-of-high-interest-car-loans/): High interest car loans can mean tremendous stress when cash-strapped consumers try to balance the already higher costs of living. Refinancing an auto loan with a lower payment can mean the difference between whether a family can afford groceries. As part of their mission to make car ownership affordable for all Americans, the team at Way.com launched their auto refinance program in 2023 and has partnered with credit unions across the country to provide the lowest rates possible for those looking to lessen a costly monthly payment. \”Sea Air FCU is dedicated in providing opportunities to keep auto rates low […] - [MDT Unites Credit Union Leaders at Seventh Annual CEO Forum](https://thecreditunionconnection.com/mdt-unites-credit-union-leaders-at-seventh-annual-ceo-forum/): Credit union CEOs gather to discuss industry trends and strategic planning at yearly event Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, hosted its seventh annual CEO Forum in San Diego, California last month. The event brought together over 20 credit union CEOs, including seven first timers, alongside MDT and Jack Henry executives to explore strategically important industry trends, business challenges and timely opportunities. In this unique forum, MDT and Jack Henry facilitated peer discussions around topics prioritized by the CEOs, evaluating each theme […] - [Velera Establishes Innovation Alliance to Strengthen Sustainability of Credit Unions](https://thecreditunionconnection.com/velera-establishes-innovation-alliance-to-strengthen-sustainability-of-credit-unions/): Velera – formerly PSCU/Co-op Solutions, is pleased to announce the establishment of the Velera Innovation Alliance (VIA), an extension of Velera’s Fintech Engagement Program announced in April 2024. The VIA is a visionary body aimed at navigating the opportunities and challenges associated with new technologies, identifying and assessing innovative solutions, and introducing new concepts into the credit union sector to enable competitiveness and strengthen the sustainability of credit unions in the digital financial ecosystem. “With the rise of fintech and the increasing importance of digital capabilities in today’s financial landscape, Velera is excited to shape and influence innovation within our […] - [NCUA Awards Over $3.5 Million in Community Development Revolving Loan Fund Grants](https://thecreditunionconnection.com/ncua-awards-over-35-million-in-community-development-revolving-loan-fund-grants/): The National Credit Union Administration today announced awards of more than $3.5 million in Community Development Revolving Loan Fund grants to 135 low-income-designated credit unions. “Community Development Revolving Loan Fund grants can provide the seed money needed for credit unions serving low-income members and under-resourced communities to grow small ideas into big initiatives that build intergenerational wealth and change lives,” NCUA Chairman Todd M. Harper said. “These grants also assist credit unions in reaching more people with the safe, fair, and affordable financial products and services they need, promoting consumer education, building staff capacity, and providing greater online security for […] - [NCUA Releases Ombudsman Annual Report](https://thecreditunionconnection.com/ncua-releases-ombudsman-annual-report/): The National Credit Union Administration released today its inaugural Office of the Ombudsman 2023 Annual Report. The report highlights information and statistical data on the Ombudsman’s core programs, stakeholder feedback from the Post Examination Survey, and lessons learned. In addition to defining the Ombudsman Office’s standards of practice and the conditions under which someone should contact the Ombudsman Office, the report provides information on the: Dispute Resolution Program Case Management and Data Analysis Program Stakeholder Engagement and Outreach Program In 2023, the Ombudsman Office fielded 79 information requests, resolved 449 inquiries, and conducted four independent reviews. Lessons learned include the […] - [ROI Is the Top Determining Factor When Choosing a Savings Product, According to Plinqit’s New Consumer Survey Report](https://thecreditunionconnection.com/roi-is-the-top-determining-factor-when-choosing-a-savings-product-according-to-plinqits-new-consumer-survey-report/): Plinqit’s 2024 State of Savings Report reveals 41% of Americans determine where to save their money based on the ROI of an account Plinqit, the first platform that brings together automated savings, data-driven financial wellness content and virtual account management, reveals that return on investment (ROI) is the top determining factor for Americans when choosing a savings product, followed closely by interest rate, according to the company’s 2024 State of Savings Report. Plinqit’s 2024 State of Savings Report offers exclusive insights into the savings habits of today’s consumers and is based on a recent Plinqit survey conducted online by The […] - [Bankjoy & Panacea Financial Named Finalists in 2024 Finovate Awards for “Best Fintech Partnership”](https://thecreditunionconnection.com/bankjoy-amp-panacea-financial-named-finalists-in-2024-finovate-awards-for-best-fintech-partnership/): Bankjoy, a leading digital banking provider has been honored as a 2024 Finovate Awards finalist, alongside Panacea Financial, a nationwide digital neobank providing banking services designed to meet the unique needs of healthcare professionals. The Finovate Awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life. Panacea Financial and Bankjoy were recognized as finalists in the Finovate Awards’  “Best Fintech Partnership” category. The Finovate Awards’ “Best Fintech Partnership” is given to a financial institution and fintech company who are collaborating to build something new and groundbreaking, which is exactly what Panacea and Bankjoy have […] - [SDCCU Partners With LEGOLAND® California Resort to Offer Free Tickets and Discounts](https://thecreditunionconnection.com/sdccu-partners-with-legoland-california-resort-to-offer-free-tickets-and-discounts-1/): Customers who open a new checking account at any SDCCU branch location will receive a free LEGOLAND ticket San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is proud to partner once again with LEGOLAND California Resort to offer free tickets and discounts for members to enjoy the Southern California theme park through September 30, 2024 or while supplies last. As part of SDCCU’s partnership with LEGOLAND, customers who open a new FREE Checking with eStatements account at any SDCCU branch location will receive a free LEGOLAND California Resort ticket. For additional details, visit sdccu.com/legoland. […] - [OTIS FCU Now Proudly Serving Nine Maine Counties](https://thecreditunionconnection.com/fwxqq9xgvpfvloeu5vmc0nxkq2o02t/): OTIS Federal Credit Union is pleased to announce a field of membership expansion to include eight additional counties in Maine. OTIS FCU now serves those who live, work, worship, or attend school within Androscoggin, Cumberland, Franklin, Kennebec, Lincoln, Oxford, Sagadahoc, Somerset, and York counties. Immediate relatives of OTIS FCU members continue to be eligible for membership. Regarding the recent growth, OTIS FCU’s President/CEO Chris Bouchard commented, “Expanding the area that we serve allows us to bring our industry-leading rates and exceptional service further into the communities of Maine.” He continued, “We are excited for what the future holds and look […] - [Credit Union of Denver Selects Tony Nieto as Next Chief Lending Officer](https://thecreditunionconnection.com/credit-union-of-denver-selects-tony-nieto-as-next-chief-lending-officer/): Credit Union of Denver has selected Tony Nieto as its next Chief Lending Officer (CLO). The selection follows an extensive nationwide search facilitated by DDJ Myers, the well-known executive search and leadership development firm. “We’re thrilled to welcome Tony to the Credit Union of Denver team,” says Chris Wallace, President/CEO. \”Given his proven track record of delivering results through strategic vision and operational excellence, Tony is ideally suited to provide transformative leadership as the CLO at Credit Union of Denver, driving growth and innovation across our organization.\” Nieto previously served as CLO of On Tap Credit Union in Golden, Colorado […] - [Register Now for NCUA’s September 26 Webinar on Credit Union Accounting](https://thecreditunionconnection.com/register-now-for-ncuas-september-26-webinar-on-credit-union-accounting/): Credit unions with questions about accounting practices can get valuable information from a September 26 National Credit Union Administration webinar. Registration for this webinar, “Accounting Hotspots for Credit Unions,” is now open. The webinar is scheduled to begin at 2 p.m. Eastern and is expected to run approximately one hour. It will include a live question-and-answer session. Sonya Pickens, an NCUA credit union examiner and national training specialist, will discuss common questions about record-keeping, including: Audit expenses Managing the allowance for loan losses account Balance sheet concerns This webinar will be close captioned, and there is no charge. Participants will […] - [Community Heroes First-Time Homebuyer Program to Help More Families Afford Homes in Arizona](https://thecreditunionconnection.com/community-heroes-firt-time-homebuyer-program-to-help-more-families-afford-homes-in-arizona/): Desert Financial launches a new program that offers 100% financing with no down payment and no Private Mortgage Insurance (PMI) for new homebuyers that serve the community. Desert Financial Credit Union is striving to make homebuying more affordable for members of the military, first responders, government and civil servants, educators and those in the medical field through its new Community Heroes First-Time Homebuyer Program launching Sept. 3. The program offers first-time homebuyers competitive interest rates and flexible terms without a down payment or PMI, ensuring that homeownership is within reach for those who dedicate their lives to serving their community. […] - [3 Cs to Develop a Winning Credit Union Team](https://thecreditunionconnection.com/3-cs-to-develop-a-winning-credit-union-team-1/): Michael Wolsten, CEO, Michael Wolsten Consulting One of the most pressing questions for credit union leaders is how to develop and nurture top-tier talent. Let\’s be honest; in today\’s competitive labor market, finding individuals who perfectly align with your credit union’s needs can seem like a daunting task. This is where the 3 Cs framework I’ve developed comes into play.  Focusing on Commitment, Capability, and Coachability will allow you to refine your development process and effectively coach your existing team to continuous growth. The 3 Cs: 1. Commitment: Success hinges on a high level of commitment. Consider these points: How […] - [UMassFive Voted ‘Best Credit Union’ and More in Local Reader Polls](https://thecreditunionconnection.com/umassfive-voted-best-credit-union-and-more-in-local-reader-polls/): UMassFive College Federal Credit Union (UMassFive) is once again proud to be honored with the title of Best Credit Union in The Valley Advocate’s annual reader voting poll—extending their streak in the number one position to 18 years in a row. The Credit Union was also favored in multiple categories in this year’s Daily Hampshire Gazette’s “Reader’s Choice” poll, where UMassFive took home the titles of Best Credit Union for the 11th year in a row, as well as the Best Investment Broker/Brokerage  Firm, Best Financial Planning/Wealth Management, Best Auto Loan Provider, and Best Local Bank for a Loan.  Rich Kump, President and CEO, credits UMassFive’s […] - [Velera Expands Partnership with HawaiiUSA Federal Credit Union with Addition of Debit Card Processing](https://thecreditunionconnection.com/velera-expands-partnership-with-hawaiiusa-federal-credit-union-with-addition-of-debit-card-processing/): Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce its expanded partnership with HawaiiUSA Federal Credit Union (HawaiiUSA) to provide debit card processing services, alongside continued credit card processing support. HawaiiUSA is the state’s largest credit union, providing services to more than 132,000 members through 14 branch locations and holding over $2.2 billion in total assets. Headquartered in Honolulu, HawaiiUSA is a driving force in the community and a leader in promoting sustainable financial health for individuals and businesses that help the Hawaii […] - [League of Southeastern Credit Unions & Affiliates Announces Intent to Form Strategic Partnership with Virginia Credit Union League](https://thecreditunionconnection.com/league-of-southeastern-credit-unions-amp-affiliates-announces-intent-to-form-strategic-partnership-with-virginia-credit-union-league/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Virginia Credit Union League (VACUL) have signed a letter of intent to strategically consolidate – entering an exploratory phase intended to create an industry-leading force for Alabama, Florida, Georgia, and Virginia credit unions.   “This opportunity brings together the strengths and resources of both organizations, solidifying a best-in-class trade association better equipped to serve the evolving needs of the credit union industry,” stated Richard J. “Rick” Skaggs, Chairman of the LSCU & Affiliates Board and President and CEO of USF Federal Credit Union. “This strategic move will enhance […] - [Jack Henry and Moov to Simplify Digital Payments for Small Businesses](https://thecreditunionconnection.com/jack-henry-and-moov-to-simplify-digital-payments-for-small-businesses/):  Alliance will enable community and regional financial institutions to offer enhanced payments to SMBs and capture deposits Jack Henry™ (Nasdaq: JKHY) announced today a collaboration with Moov, a modern digital payments processor, to enable community and regional financial institutions to offer enhanced digital payment services to small and medium-sized business (SMB) customers. The cloud-native service will allow SMBs to accept payments with the tap of a phone, receive same-day funds for payments accepted, and automate reconciliations to accounting software packages. The service will be offered through financial institutions, enabling them to more fully serve their business clients\’ deposit and payments […] - [Digital Align Inc. Co-Founder Swapna Patil Takes on CEO Role to Amplify Value-Driven Delivery Approach](https://thecreditunionconnection.com/digital-align-inc-co-founder-swapna-patil-takes-on-ceo-role-to-amplify-value-driven-delivery-approach/): Digital Align Inc., a leading provider of automation intelligence solutions for financial institutions, is excited to announce a strategic leadership transition that marks the beginning of a new chapter in the company\’s journey. Swapna Patil, co-founder of Digital Align, will assume the role of CEO, while Rajesh Patil, the current CEO, will transition to the role of President and Chief Operating Officer (COO). This change is poised to drive the company\’s growth and enhance its commitment to delivering innovative solutions that create value to customers. Swapna Patil has been instrumental in building Digital Align from its inception. In fact, when […] - [PenFed Foundation Provides Grant to Support COMMIT Foundation Transition Workshops for Veterans and Military Spouses](https://thecreditunionconnection.com/penfed-foundation-provides-grant-to-support-commit-foundation-transition-workshops-for-veterans-and-military-spouses/): Program connects veterans to high-quality positions with employers that need their talent Veterans, mentors, and coaches gather in Bozeman, Montana for a COMMIT Foundation Transition Mentoring Workshop. The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announced today that it is providing The COMMIT Foundation, a nonprofit organization dedicated to empowering those who serve and their families, with a grant to support the expansion of COMMIT\’s Transition Mentoring Workshops aimed at enhancing the post-service transition experience for veterans and military spouses. The COMMIT Foundation\’s Transition Mentoring Workshops are designed to address the unique needs of military families, offering […] - [Alkami Becomes First TechFin Certified by J.D. Power for “An Outstanding Mobile Banking Platform Experience”](https://thecreditunionconnection.com/alkami-becomes-first-techfin-certified-by-jd-power-for-an-outstanding-mobile-banking-platform-experience-1/): Distinction places Alkami in the top quintile of all companies assessed by J.D. Power mobile experience benchmark Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Alkami’s Mobile Banking Platform is certified by J.D. Power for providing clients with “An Outstanding Mobile Banking Platform Experience.” Alkami is the first digital banking solutions provider to earn the distinction, requiring it to score within the top quintile of all companies assessed by the J.D. Power mobile experience benchmark, taking into consideration both user satisfaction and a sustainable user experience […] - [3 Cs to Develop a Winning Credit Union Team](https://thecreditunionconnection.com/3-cs-to-develop-a-winning-credit-union-team/): Michael Wolsten, CEO, Michael Wolsten Consulting One of the most pressing questions for credit union leaders ishow to develop and nurture top-tier talent. Let\’s be honest; in today\’s competitive labor market, finding individuals who perfectly align with your credit union’s needs can seem like a daunting task. This is where the 3 Cs framework I’ve developed comes into play. Focusing on Commitment, Capability, and Coachability will allow you to refine your development process and effectively coach your existing team to continuous growth. The 3 Cs: 1. Commitment: Success hinges on a high level of commitment. Consider these points: ● How […] - [NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-one-individual-from-participating-in-the-affairs-of-any-federally-insured-depository-institution-3/): The National Credit Union Administration in August 2024 permanently prohibited one individual from participating in the affairs of any federally insured depository institution. Prohibition Order: Luz Araceli Davila-Hernandez, a former employee of Magnifi Financial Credit Union, Melrose, Minnesota. An Order of Prohibition prohibits a party from ever working for a federally insured depository institution. In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons […] - [INDIANA MEMBERS FOUNDATION CHARITY GOLF OUTING BENEFITTING EVANSVILLE VANDERBURGH SCHOOL CORPORATION FOUNDATION RAISES OVER $30,000](https://thecreditunionconnection.com/indiana-members-foundation-charity-golf-outing-benefitting-evansville-vanderburgh-school-corporation-foundation-raises-over-30000/): Indiana Members Foundation, the charitable arm of Indiana Members Credit Union (IMCU), hosted a charity golf outing to benefit Evansville Vanderburgh School Corporation (EVSC) Foundation at Evansville Country Club, 3810 Stringtown Rd, Evansville, IN, on Monday, April 29, 2024.  96 golfers attended the event which raised over $30,000 to benefit the EVSC Foundation, who supports EVSC schools and programs.  EVSC is the third largest school district in Indiana with just under 22,000 students enrolled in EVSC schools. Highlights of the day included a complimentary breakfast, 18 holes of golf, a putting contest, followed by lunch, awards, and many donated prizes […] - [Credit Union Leaders Add Fundraising Event During GoWest Maxx Conference](https://thecreditunionconnection.com/credit-union-leaders-add-fundraising-event-during-gowest-maxx-conference/): Credit union chapter leaders from across Colorado are coming together to raise money for Credit Unions for Kids and Children’s Miracle Network Hospitals by hosting Pints with Purpose, an event designed to kick off the GoWest Maxx Conference in October. The evening of networking and fundraising will complement the association’s annual fundraising dinner during the conference. Pints with Purpose will be held Sunday, Oct. 13, from 6:30 p.m. to 9:30 p.m. at Green Valley Ranch Beer Garden in Denver, conveniently located near the conference hotel – Gaylord Rockies Resort & Convention Center. GoWest Maxx Conference attendees and credit union industry […] - [HAWAII STATE FCU DONATES $5,000 TO PARENTS AND CHILDREN TOGETHER](https://thecreditunionconnection.com/hawaii-state-fcu-donates-5000-to-parents-and-children-together/): Hawaii State Federal Credit Union (Hawaii State FCU) recently presented a donation of $5,000 to Parents And Children Together (PACT) in support of the nonprofit’s ongoing programs and services. The donation will help PACT continue its work of providing comprehensive services to empower Hawaii’s most vulnerable families and communities. “Hawaii State FCU is dedicated to making a positive impact in our community,” said Andrew Rosen, president and CEO of Hawaii State FCU. “As a credit union, our members have a say in how we give back, and we are proud to support causes that matter most to them. Whether it’s […] - [Rize Credit Union partners with Comfort Cases and Barely Canadian to donate essential items to 1,000 youth in foster care](https://thecreditunionconnection.com/rize-credit-union-partners-with-comfort-cases-and-barely-canadian-to-donate-essential-items-to-1000-youth-in-foster-care/): Rize Credit Union (Rize CU), Comfort Cases® and Barely Canadian came together to pack 1,000 Comfort Cases (600 in California and 400 in Nevada) with new, essential comfort and personal care items, including pajamas, blankets, hygiene kits, books, journals, and stuffed animals, along with a Barely Canadian hoodie. The packing party and donation is a result of Rize Credit Union’s commitment to donate a Comfort Case backpack and Barely Canadian hoodie to youth in foster care for every new account opened during National Foster Care Awareness Month in May. The filled Comfort Cases were presented to local social service organizations […] - [Credit Unions Announce New Hires and boost.ai Announces Hiring of IT Transformation Expert](https://thecreditunionconnection.com/credit-unions-announce-new-hires-and-boostai-announces-hiring-of-it-transformation-expert/): A few credit unions including Labor Credit Union and FORUM Credit Union announced new hires, and boost.ai announced the addition of a prominent IT transformation expert to their leadership team. New Hires Labor Credit Union is pleased to announce the appointment of Audra Pettus as the new Vice President of Operations. Pettus joined Labor Credit Union from Johns Hopkins FCU, where she formerly served as the Director of Community Engagement. She brings fifteen years of experience in the financial services and credit union industry. Climb Credit Union is pleased to announce the appointment of Jamie Johnson as Senior Vice President […] - [NCUA’s Automated Cybersecurity Examination Tool (ACET) Will Remain Available Following the Sunset of the FFIEC’s Cybersecurity Assessment Tool](https://thecreditunionconnection.com/ncuas-automated-cybersecurity-examination-tool-acet-will-remain-available-following-the-sunset-of-the-ffiecs-cybersecurity-assessment-tool/): The Federal Financial Institutions Examination Council announced today the sunsetting of its Cybersecurity Assessment Tool on August 31, 2025. While this decision impacts the broader financial services industry, NCUA’s Automated Cybersecurity Examination Tool (ACET) will continue to be supported and remain available for use by credit unions. The ACET is available for download at no charge on the NCUA’s website. As geopolitical events evolve, credit unions of all sizes must understand and operate under the assumption that they remain targets of not just cybercriminals, but foreign nations that intend to cause harm to critical infrastructure in the United States—of which […] - [PenFed Credit Union Successfully Completes Second Auto Loan Securitization](https://thecreditunionconnection.com/penfed-credit-union-successfully-completes-second-auto-loan-securitization/): Securitization leveraged to further strengthen credit union through diversified funding, increased liquidity and net worth PenFed Credit Union, the nation\’s second-largest federal credit union, today announced the closing of its second prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2024-A (PNFED 2024-A). The transaction issued $447,400,000 of fixed-rate, amortizing asset-backed notes backed by prime auto loans. \”PenFed is proud to announce our second auto loan securitization,\” said PenFed Credit Union President/CEO James Schenck. \”This second securitization diversifies funding, increases liquidity and strengthens net worth.\” The securitization is a private placement offering, which in the United States is offered only to […] - [Virginia Credit Union Board of Directors Adds New Leaders Following Successful Merger with Member One Federal Credit Union](https://thecreditunionconnection.com/virginia-credit-union-board-of-directors-adds-new-leaders-following-successful-merger-with-member-one-federal-credit-union/): Virginia Credit Union’s (VACU) Board of Directors has gained new members following the successful Aug. 1 merger with Roanoke-based Member One Federal Credit Union. Penny Hodge and Matt Huff have joined the board as directors. Tyler Caveness will serve as an associate director. All three previously served as board members at Member One Federal Credit Union. They began service on the VACU Board on Aug. 1. “We recognize the significance of this merger and the trust placed in us by Member One’s membership,” noted VACU Board Chair Kenneth E. Ampy. “Through the merger, we gain not only Member One’s trusted […] - [wear blue: run to remember Team Completes 150,000 Kilometers Around Mount Rainier to Raise Money for Gold Star Families](https://thecreditunionconnection.com/wear-blue-run-to-remember-team-completes-150000-kilometers-around-mount-rainier-to-raise-money-for-gold-star-families/): The 150,000 kilometer challenge aims to raise $150,000 and honors fallen military heroes Lisa Hallett, co-founder of wear blue: run to remember, a nonprofit organization dedicated to honoring fallen service members through purposeful steps every week in community runs, recently completed a 150,000 kilometer challenge along the Wonderland Trail around Mount Rainier, Washington. The challenge set a fundraising goal of raising $150,000 along Lisa\’s 150,000 kilometers and has currently raised over $111,000 to create opportunities to honor and remember the brave men and women who have sacrificed so much. You can help the wear blue community meet their goal and offer support […] - [CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Military Families into Cash-Out Refinance Loans](https://thecreditunionconnection.com/cfpb-orders-newday-usa-to-pay-225-million-for-illegally-luring-veterans-and-military-families-into-cash-out-refinance-loans/): NewDay USA\’s deceptive tactics came amid VA home loan \”churning\” scandal The Consumer Financial Protection Bureau (CFPB) today took action against repeat offender New Day Financial (NewDay USA) for deceiving active duty servicemembers and veterans seeking cash-out refinance loans. The CFPB found that NewDay USA gave misleading and incomplete cost comparisons to borrowers refinancing in North Carolina, Maine, and Minnesota, which made the company’s loans appear less expensive relative to their existing mortgages. The CFPB is ordering NewDay USA to pay a $2.25 million civil penalty to the CFPB’s victims relief fund. “NewDay USA baited veterans and military families into […] - [Credit Union Fans Raise Over $38,000 at Credit Union Day at the Ballpark](https://thecreditunionconnection.com/credit-union-fans-raise-over-38000-at-credit-union-day-at-the-ballpark/): On Sunday, August 11, Corporate Central and The Wisconsin Credit Union League hosted Credit Union Day at the Ballpark, a fundraising event that raised over $38,000 for The Wisconsin Credit Union Foundation and The National Credit Union Foundation. The collaborative event brought over 330 credit union members, families, friends, employees, and supporters together as the Milwaukee Brewers took on the Cincinnati Reds at American Family Field in Milwaukee, WI. Credit union fans gathered at the tailgate party preceding the game to network, eat, drink, and have an all-around good time before Katie and Mike Gerhartz of Community First Credit Union […] - [Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Development, Acquisition, and Maintenance](https://thecreditunionconnection.com/financial-regulators-update-examiner-guidance-on-financial-institutions-information-technology-development-acquisition-and-maintenance/): The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet to help examiners assess information technology practices. The “Development, Acquisition, and Maintenance” booklet provides examiners with fundamental examination expectations regarding entities’ development and acquisition planning and execution, governance and risk management, and maintenance and change management practices. It discusses the interconnectedness of an entity’s assets and processes and those of its third-party service providers along with information to help examiners assess whether management adequately addresses risks and complies with applicable laws and regulations. The booklet reflects the changing technological environment and increasing need for security and resilience. It […] - [Seemingly Innocuous Change Could Have Big Credit Union Impact ](https://thecreditunionconnection.com/seemingly-innocuous-change-could-have-big-credit-union-impactnbsp/): FHFA proposal could curtail FHLBanks as a liquidity option  By David Savoie, CEO, LaCorp A critical source of liquidity for credit unions could be reduced or lost if changes are not made to a proposal from the Federal Housing Finance Agency (FHFA) last November. The governing body of the Federal Home Loan Banks (FHLBs) published a report that said the FHLBs should increase their support for housing and community development. The most critical proposed change affecting credit unions is an amendment that FHLBs would be “requiring all applicants to make long-term home mortgage loans, requiring all insured depository institution applicants […] - [NCR Atleos Launches New LibertyX Bitcoin to Cash Feature Bridging the Digital to Physical Across the United States](https://thecreditunionconnection.com/ncr-atleos-launches-new-libertyx-bitcoin-to-cash-feature-bridging-the-digital-to-physical-across-the-united-states/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced the launch of a new LibertyX Bitcoin Cashout feature whereby enrolled LibertyX customers can sell bitcoin, picking up their cash conveniently at ATMs across the United States at thousands of leading merchant locations with a transaction point within five miles of more than three in four Americans once rolled out across all participating ATMs. This feature is made possible through the Atleos ReadyCode API suite. ReadyCode is a one-time use code system developed by Atleos that supports a range of cash in and out solutions as an embedded finance tool for program managers, […] - [First Harvest Credit Union Brings Back Free Community Shredder Event](https://thecreditunionconnection.com/first-harvest-credit-union-brings-back-free-community-shredder-event/): Credit Union’s Deptford Location Will Host September Community Event  First Harvest Credit Union (“First Harvest”) is hosting its upcoming Shredder Event on September 14, 2024, at its Deptford Corporate Center from 9:00 AM to 12:00 PM. This free event is open to the community and First Harvest members, offering a secure method for disposing of documents and files to keep personal and financial information safe. First Harvest has brought back the well-loved community Shredder Event in an effort to reinvest in the Southern New Jersey community. The event is on a first-come, first-served basis; all paper documents and statements will […] - [Mazuma Credit Union Sponsors 3DE by Junior Achievement Credit Union-Focused Case Study at Kansas City Metro High Schools](https://thecreditunionconnection.com/mazuma-credit-union-sponsors-3de-by-junior-achievementnbspcredit-union-focused-case-study-at-kansas-city-metro-high-schools/): Credit unions provide students with a foundation for healthy financial habits Mazuma Credit Union is excited to announce it is sponsoring a credit union-focused case study in partnership with 3DE by Junior Achievement, an innovative model for public education focused on reengineering high school to provide economic opportunity for all students.  Beginning next week, 3DE ninth-grade students at high schools throughout Kansas City will engage with the case study, developing the 3DE competency of Self Direction as well as an understanding of the value of credit unions and the importance of savings. Participating local high schools include: Olathe East High […] - [ModernFi Announces Partnership with Tru Treasury to Support Credit Union Growth in Business Banking](https://thecreditunionconnection.com/modernfi-announces-partnership-with-tru-treasury-to-support-credit-union-growth-in-business-banking/): ModernFi is thrilled to announce our partnership with Tru Treasury to deliver transformative balance sheet management tools for credit unions. This collaboration equips credit unions to navigate the complexities of business banking and secure high-dollar accounts with extended NCUA insurance. ModernFi CUSO, which operates the first-ever deposit network for credit unions, is thrilled to announce our partnership with Tru Treasury, the preeminent provider of credit union treasury services, to deliver transformative balance sheet management tools empowering credit unions to compete in business banking. This collaboration provides the credit union ecosystem with a comprehensive suite of treasury management solutions, enabling deposit […] - [CREDIT UNION CELEBRATES BRANCH GRAND OPENING](https://thecreditunionconnection.com/credit-union-celebrates-branch-grand-opening/): Hudson Valley Credit Union (HVCU) in Poughkeepsie, recently celebrated the grand opening of its new Latham Branch on Aug. 21. Nonprofit and business leaders along with elected officials attended the celebration and ribbon-cutting ceremony to welcome the credit union into the Latham community. Branch Manager Courtney Thayer cutting the ribbon. The event kicked off with remarks from HVCU President and CEO Jonathan Roberts as he thanked branch and operations staff for their hard work in opening the credit union’s first Capital Region branch. New York State Senator Jake Ashby also spoke at the event, expressing his gratitude that a credit union will […] - [Redstone Announces 2024 Community Champions  ](https://thecreditunionconnection.com/redstone-announces-2024-community-championsnbspnbsp/): Redstone Federal Credit Union® recognized five individuals nominated by its members and the public for making a positive impact in their communities at an award reception Tuesday, Aug. 27.  These individuals, honored as \’Community Champions,’ are selfless community builders who actively work to address the needs of others. Redstone first launched the initiative in spring of 2023, receiving more than 100 nominations of members who go above and beyond in their communities. The number of nominations doubled this year to more than 200.  This year\’s Community Champions give their time, talents and resources to enhance the lives of others. A documentary-style video was created […] - [Datava and Corridor announce a Strategic Partnership to Revolutionize Data and Decision Management for Credit Unions](https://thecreditunionconnection.com/datava-and-corridor-announce-a-strategic-partnership-to-revolutionize-data-and-decision-management-for-credit-unions/): Datava, a trailblazer in end-to-end data activation for credit unions, and Corridor, a next-gen decision analytics platform with a proven track record, are excited to announce a strategic partnership. This collaboration, backed by their extensive experience and expertise, is poised to reshape how credit unions and community banks leverage their data and decision-making capabilities to enhance and personalize member experiences, optimize and automate processes, and level the playing field with Tier 1 Banks and FinTechs. The partnership will combine Datava’s end-to-end data activation platform with Corridor’s state-of-the-art decision workflow management platform, creating an integrated solution that empowers financial institutions to […] - [Members First CU Ranks Among Top 50 Best Credit Unions to Work For in 2024](https://thecreditunionconnection.com/members-first-cu-ranks-among-top-50-best-credit-unions-to-work-for-in-2024/): Members First Credit Union has been honored as one of American Banker\’s Best Credit Unions to Work For in 2024. This recognition reflects the credit union\’s commitment to fostering a workplace where leadership excels, communication flows openly, and employees feel supported and empowered to grow in their careers. American Banker, a leading banking and financial services publication, provides news, analysis, and research to finance professionals. Their annual Best Credit Unions to Work For list recognizes financial institutions across the U.S. that excel in creating an outstanding work environment for their employees. The rankings are based on a comprehensive evaluation of […] - [Glia Launches ChannelLess® AI-powered Interactions for Financial Services](https://thecreditunionconnection.com/glia-launches-channelless-ai-powered-interactions-for-financial-services/): Glia Cortex extends powerful insights, automated workflows, and personalized self-service across digital and call center customer interactions Glia, the leader in Unified Interaction Management technology for financial institutions, has extended the powerful capabilities of its Responsible AI solution, Glia Cortex, into Glia Call Center. Expanding Glia Cortex across digital and voice customer interactions creates a seamless, ChannelLess® experience for consumers no matter how they wish to connect with their bank, credit union, or insurance company. The Credit Union Connection has partnered with igniteFI to host a unique webinar series, The Fintech Adventure! Our first virtual event will tackle a deep […] - [Fibre Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/fibre-federal-credit-union-selects-upstart-for-personal-lending/): Fibre Federal Credit Union (Fibre Federal), a Washington-based credit union with over 118,000 members and over $1.6 billion in assets, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. “Fibre Federal Credit Union’s mission is to improve the financial wellness of the members in our communities,” said Alissa Johnson, VP Consumer Lending at Fibre Federal Credit Union. “Fibre Federal is partnering with Upstart to reach new borrowers across our field of membership and deliver personal lending through a fast, online lending experience.” Fibre Federal […] - [California Credit Union Foundation and Los Angeles Unified School District Award 2024 \"Rookie of the Year\" Teacher Awards](https://thecreditunionconnection.com/california-credit-union-foundation-and-los-angeles-unified-school-district-award-2024-rookie-of-the-year-teacher-awards-3/): California Credit Union Foundation, in partnership with the Los Angeles Unified School District (LAUSD), recently honored 16 first-year District teachers through its 10th annual Rookie of the Year program. California Credit Union created the Rookie of the Year program in the 2014/2015 school year to recognize exceptional new LAUSD teachers within the greater Los Angeles community. \”California Credit Union Foundation is proud to honor each of the 2024 Rookies of the Year for the significant impact they have made as they begin their career with LAUSD,\” said California Credit Union Foundation President Marvel Ford. \”Recognizing and supporting the life-changing impact […] - [California Credit Union Foundation and Los Angeles Unified School District Award 2024 \"Rookie of the Year\" Teacher Awards](https://thecreditunionconnection.com/california-credit-union-foundation-and-los-angeles-unified-school-district-award-2024-rookie-of-the-year-teacher-awards-2/): California Credit Union Foundation, in partnership with the Los Angeles Unified School District (LAUSD), recently honored 16 first-year District teachers through its 10th annual Rookie of the Year program. California Credit Union created the Rookie of the Year program in the 2014/2015 school year to recognize exceptional new LAUSD teachers within the greater Los Angeles community. \”California Credit Union Foundation is proud to honor each of the 2024 Rookies of the Year for the significant impact they have made as they begin their career with LAUSD,\” said California Credit Union Foundation President Marvel Ford. \”Recognizing and supporting the life-changing impact […] - [California Credit Union Foundation and Los Angeles Unified School District Award 2024 \"Rookie of the Year\" Teacher Awards](https://thecreditunionconnection.com/california-credit-union-foundation-and-los-angeles-unified-school-district-award-2024-rookie-of-the-year-teacher-awards/): California Credit Union Foundation, in partnership with the Los Angeles Unified School District (LAUSD), recently honored 16 first-year District teachers through its 10th annual Rookie of the Year program. California Credit Union created the Rookie of the Year program in the 2014/2015 school year to recognize exceptional new LAUSD teachers within the greater Los Angeles community. \”California Credit Union Foundation is proud to honor each of the 2024 Rookies of the Year for the significant impact they have made as they begin their career with LAUSD,\” said California Credit Union Foundation President Marvel Ford. \”Recognizing and supporting the life-changing impact […] - [Climb Credit Union Named to Top Three Best Credit Unions of Western Slope](https://thecreditunionconnection.com/climb-credit-union-named-to-top-three-best-credit-unions-of-western-slope/): Climb Credit Union is honored to be recognized by The Daily Sentinel’s “Best of the West” awards in Grand Junction. The “Best of the West” is a community-driven initiative where residents nominate and vote for their favorite businesses and organizations across the Western Slope. In the “At Your Service” category, Climb Credit Union was proudly voted the second-best credit union. This marks the second consecutive year that Climb has earned this recognition. “We are deeply grateful to be acknowledged as a trusted partner within the Grand Junction community,” said Carrie Langgard, President/CEO of Climb Credit Union. “Our team remains dedicated […] - [Robins Financial Credit Union Raises $70,000 for Local Children’s Hospital](https://thecreditunionconnection.com/robins-financial-credit-union-raises-70000-for-local-childrens-hospital/): Robins Financial Credit Union donated $70,000 to the Navicent Health Foundation to directly benefit Atrium Health Levine Children’s Beverly Knight Olson Children’s Hospital in Macon. The donation followed the successful completion of the credit union’s annual Miracle May campaign in support of Children’s Miracle Network Hospitals. Throughout the month of May, Robins Financial hosted a variety of fundraisers including raffles, bake sales, food trucks and much more. The funds raised will support essential medical treatments, state-of-the-art equipment, and initiatives that enhance the overall well-being of young patients and their families. The contribution aligns with the credit union’s long-standing commitment to […] - [2024 Shapiro Summit: \'Legacy\' Inspires CU Leaders to Shape the Future](https://thecreditunionconnection.com/2024-shapiro-summit-legacy-inspires-cu-leaders-to-shape-the-future-3/): The 17th annual Shapiro Summit, themed “Legacy,” concluded on a high note, leaving a lasting impact on industry leaders who attended from credit unions across California and Nevada that are under $300 million in assets. Hosted by the California and Nevada Credit Union Leagues at the JW Marriott Anaheim Resort, this year’s event drew more than 107 industry leaders from 40 credit unions, affiliates, partners, and sponsors, fostering a unique environment of collaboration and innovation. “The Shapiro Summit provided an opportunity for credit union leaders to connect, learn, and grow,” said Scott Simpson, president and CEO of the California and […] - [2024 Shapiro Summit: \'Legacy\' Inspires CU Leaders to Shape the Future](https://thecreditunionconnection.com/2024-shapiro-summit-legacy-inspires-cu-leaders-to-shape-the-future-2/): The 17th annual Shapiro Summit, themed “Legacy,” concluded on a high note, leaving a lasting impact on industry leaders who attended from credit unions across California and Nevada that are under $300 million in assets. Hosted by the California and Nevada Credit Union Leagues at the JW Marriott Anaheim Resort, this year’s event drew more than 107 industry leaders from 40 credit unions, affiliates, partners, and sponsors, fostering a unique environment of collaboration and innovation. “The Shapiro Summit provided an opportunity for credit union leaders to connect, learn, and grow,” said Scott Simpson, president and CEO of the California and […] - [2024 Shapiro Summit: \'Legacy\' Inspires CU Leaders to Shape the Future](https://thecreditunionconnection.com/2024-shapiro-summit-legacy-inspires-cu-leaders-to-shape-the-future/): The 17th annual Shapiro Summit, themed “Legacy,” concluded on a high note, leaving a lasting impact on industry leaders who attended from credit unions across California and Nevada that are under $300 million in assets. Hosted by the California and Nevada Credit Union Leagues at the JW Marriott Anaheim Resort, this year’s event drew more than 107 industry leaders from 40 credit unions, affiliates, partners, and sponsors, fostering a unique environment of collaboration and innovation. “The Shapiro Summit provided an opportunity for credit union leaders to connect, learn, and grow,” said Scott Simpson, president and CEO of the California and […] - [Suncoast Credit Union Celebrates Milestone with One Millionth Checking Account Member](https://thecreditunionconnection.com/suncoast-credit-union-celebrates-milestone-with-one-millionth-checking-account-member/): Suncoast Credit Union, the largest credit union in Florida, recently celebrated a significant milestone by welcoming its one millionth checking account member. The celebration took place at the West Osceola Service Center on Friday, August 23rd, where Suncoast executives honored Yofre Flores Gonzalez, a new business owner, with a special recognition ceremony. During the event, Gonzalez, who recently opened both a business and personal checking account at the West Osceola Service Center, was surprised with a $1,500 check from Suncoast. This contribution will support Yofre’s journey in launching his food truck business. In addition to the check, Yofre was presented […] - [PenFed Foundation Supports Veterans One-stop Center with Military Heroes Grant to Improve Quality of Life for Veterans and Service Members](https://thecreditunionconnection.com/penfed-foundation-supports-veterans-one-stop-center-with-military-heroes-grant-to-improve-quality-of-life-for-veterans-and-service-members/): The Veterans One-stop Center is a 501(c)(3) non-profit providing supportive services to veterans and their families in Western New York The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announced today that it is providing Veterans One-stop Center, a non-profit that offers a comprehensive portfolio of supportive services designed for veterans and their families, with a grant for a peer support program for children of military parents. The PenFed Foundation is a national nonprofit that exists to empower veterans as they transition from military service to success in civilian life. It was created in 2001 and, since then, has […] - [10 Steps to a Successful Merger](https://thecreditunionconnection.com/10-steps-to-a-successful-merger/): By Brian Kidwell, EVP, D. Hilton Associates The credit union industry has seen a dramatic expansion over the past 40 years. Where once credit unions were only available to select groups, access to credit unions is now available to all. Credit union product offerings span all a family\’s possible needs, and the technologies available have never been more advanced. The industry’s success is evidenced by the fact that total deposits have grown from $114 billion in 1985 to more than $1.9 trillion today.  However, over that same 40-year period, the number of credit unions declined from 15,058 to 4,702. The […] - [South Carolina Federal Named one of the Best Places to Work in South Carolina](https://thecreditunionconnection.com/south-carolina-federal-named-one-of-the-best-places-to-work-in-south-carolina/): South Carolina Federal Credit Union was again named one of the Best Places to Work in South Carolina by SC Biz News, ranking No. 5 in the large employee category. The program was created to shine a spotlight on the most outstanding employers in South Carolina, featuring a dynamic two-part survey process to determine the final rankings. In the first phase, companies were assessed on a wide range of criteria, including workplace policies, practices, philosophies, systems, and demographics. The second phase dove into the culture of the workplace through direct feedback from employees, providing an authentic snapshot of the employee […] - [Affinity Plus Renews Partnership with Gopher Athletics, Expands NIL Program](https://thecreditunionconnection.com/affinity-plus-renews-partnership-with-gopher-athletics-expands-nil-program/): The Minnesota-based credit union signs five-year agreement and supports new cohort of student-athletes for 2024-25 academic year Affinity Plus Federal Credit Union (Affinity Plus) is excited to announce the renewal of its partnership with the University of Minnesota Gopher Athletics and Learfield’s Gopher Sports Properties for an additional five years. Additionally, the credit union will significantly expand its involvement in the Name, Image, and Likeness (NIL) space, supporting a new group of Gopher student-athletes. For the 2024-2025 academic year, Affinity Plus will partner with Mara Braun (women’s basketball), Connor Kurth (men’s hockey), Issac Asuma (men’s basketball), Peyton Hemp (women’s hockey) […] - [Rapid Finance Selected to Demo Business Lending Platform, Lynx, at FinovateFall](https://thecreditunionconnection.com/rapid-finance-selected-to-demo-business-lending-platform-lynx-at-finovatefall/): Lynx integrates enterprise historical data with network and third-party data sources, helps financial companies mitigate fraud and maximize conversion for consumer and small business financial onboarding  Rapid Finance, a leading small business financing platform specializing in providing customized solutions, is scheduled to demo its AI-ready data aggregation and assimilation platform,  Lynx, at the upcoming FinovateFall conference on Monday, Sept. 9 at 12:06pm ET.   During the demo, Rapid Finance’s Will Tumulty, CEO, and Preethi Janardhanan, vice president of client solutions, will showcase the recently enhanced Lynx platform and its ability to transform raw data into actionable insights to provide financial companies […] - [SWIVEL Named a 2024 Finovate Awards Finalist for “Best Enterprise Payments Solution”](https://thecreditunionconnection.com/swivel-named-a-2024-finovate-awards-finalist-for-best-enterprise-payments-solution/): SWIVEL™, a transaction enablement fintech that removes friction in the movement of money for financial institutions, K-12 education institutions, and the software companies that support them, has been named a finalist in the annual 2024 Finovate Awards in the category for “Best Enterprise Payments Solution,” recognizing companies and financial institutions that excel in the realm of enterprise payments, balancing speed, ease of use and reliability. SWIVEL improves the financial health of consumers and businesses alike by providing financial institutions and other payments communities with the ability to manage end-to-end payment transactions across multiple rails inside one centralized platform, while addressing some […] - [Bancography to Demo Bancography Plan Software at FinovateFall 2024](https://thecreditunionconnection.com/bancography-to-demo-bancography-plan-software-at-finovatefall-2024/): Branch-planning specialist to present seven-minute live demo showcasing merger analysis and market evaluation tool Bancography, a financial services consulting firm, has been selected to demo at FinovateFall 2024. Bancography’s President Steven Reider will present the company’s Bancography Plan software tool during a seven-minute demo session on Sept. 10 at 10:01 a.m. FinovateFall showcases cutting-edge banking and financial technology through short-form demos and key insights from industry thought leaders. Bancography will showcase Bancography Plan’s ability to evaluate potential merger candidates, allowing users to examine a prospective combination of any two institutions, identify overlapping branches, forecast probable attrition from closed branches and estimate the […] - [Happy Money Appoints Matt Potere as Chief Executive Officer](https://thecreditunionconnection.com/happy-money-appoints-matt-potere-as-chief-executive-officer/): Industry veteran joins fintech to drive next chapter of company growth, help financial partners scale through unsecured lending technology Happy Money, a leading provider of unsecured lending that helps credit unions grow, today announced Matt Potere as its new Chief Executive Officer. Matt brings over 25 years of experience in the consumer finance industry, including unsecured lending and point-of-sale financing, and a proven track record of success in leading mission-driven organizations.  Matt joins Happy Money from Sunlight Financial, a provider of affordable loans for clean energy projects, where he served as CEO for nearly a decade. Under Matt’s leadership, Sunlight […] - [Alkami Recognized on CNBC\'s 2024 World\'s Top 250 Fintech Companies List](https://thecreditunionconnection.com/alkami-recognized-on-cnbcs-2024-worlds-top-250-fintech-companies-list-3/): Most recently, Alkami has been certified by J.D. Power for providing \”An Outstanding Mobile Banking Platform Experience\” for clients. Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its inclusion on the 2024 World\’s Top 250 Fintech Companies List, an annual list prepared by CNBC in partnership with Statista. The list includes the top fintech companies across eight categories, of which Alkami was named in Banking Solutions. To determine the top 250 firms, a team of analysts at Statista carried out in-depth research of 20,000 data points into relevant key performance […] - [Alkami Recognized on CNBC\'s 2024 World\'s Top 250 Fintech Companies List](https://thecreditunionconnection.com/alkami-recognized-on-cnbcs-2024-worlds-top-250-fintech-companies-list-2/): Most recently, Alkami has been certified by J.D. Power for providing \”An Outstanding Mobile Banking Platform Experience\” for clients. Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its inclusion on the 2024 World\’s Top 250 Fintech Companies List, an annual list prepared by CNBC in partnership with Statista. The list includes the top fintech companies across eight categories, of which Alkami was named in Banking Solutions. To determine the top 250 firms, a team of analysts at Statista carried out in-depth research of 20,000 data points into relevant key performance […] - [Alkami Recognized on CNBC\'s 2024 World\'s Top 250 Fintech Companies List](https://thecreditunionconnection.com/alkami-recognized-on-cnbcs-2024-worlds-top-250-fintech-companies-list/): Most recently, Alkami has been certified by J.D. Power for providing \”An Outstanding Mobile Banking Platform Experience\” for clients. Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced its inclusion on the 2024 World\’s Top 250 Fintech Companies List, an annual list prepared by CNBC in partnership with Statista. The list includes the top fintech companies across eight categories, of which Alkami was named in Banking Solutions. To determine the top 250 firms, a team of analysts at Statista carried out in-depth research of 20,000 data points into relevant key performance […] - [Commonwealth One FCU Contracts with O2 Consulting Group](https://thecreditunionconnection.com/commonwealth-one-fcu-contracts-with-o2-consulting-group/): Fractional CTO provides top-level experience at a manageable cost for credit unions O2 Consulting Group, the leading consultancy for coaching and empowering teams to drive long-term change, has signed the $582 million Commonwealth One Federal Credit Union in Alexandria, Va., for Fractional ExecutiveServices. Specifically, O2 Consulting Group Strategic Technology Consultant John Szeglin will fill the role of fractional Chief Technology Officer at Commonwealth OneFCU. “We sought a balance between moving our technology forward and value,” Commonwealth One CEO Frank Wasson said. “O2 Consulting Group was recommended to me by a colleague, and at our size, we felt that leveraging their […] - [Addition Financial Foundation Awards $175,000 to Central Florida Nonprofits at 2024 Community Giving Celebration](https://thecreditunionconnection.com/addition-financial-foundation-awards-175000-to-central-florida-nonprofits-at-2024-community-giving-celebration/): The Addition Financial Foundation delivered big checks and even bigger smiles today to ten Central Florida nonprofit organizations during their 3rd annual Community Giving Celebration at the Addition Financial Arena on the University of Central Florida campus. The Foundation donated a total of $175,000 in unrestricted funds to a wide-ranging group of local nonprofits making an impact in the community. The Addition Financial Foundation, established in 2021, is the philanthropic arm of Lake Mary-based Addition Financial Credit Union. Team members from Addition Financial nominated each of the local 501(c)(3) organizations honored by the Foundation for the work they do to […] - [Revity Credit Union Selects John Merritt as Next CEO](https://thecreditunionconnection.com/revity-credit-union-selects-john-merritt-as-next-ceo/): Revity Credit Union has selected John Merritt as its next President/CEO. Merritt will assume his new role October 28th and succeed Keith Burton, who is retiring after serving as Revity’s CEO since 2013 and dedicating 38 years of service to the credit union. “We’re thrilled to welcome John to Revity Credit Union,” says Jim Devine, Search Committee Chair. “We’re confident in his strategic leadership abilities and believe his experience shaping strategies that deliver sustained growth will benefit our team and our members. As our next CEO, John will be charged with continuing the legacy of our cooperative while leading Revity […] - [US Bankruptcy Filings in Q2 2024 Rise Again](https://thecreditunionconnection.com/us-bankruptcy-filings-in-q2-2024-rise-again/): All US regions experienced an increase in bankruptcies in the second quarter, continuing a two-year upward trend Data collected by risk management firm G2 Risk Solutions (G2RS) in the second quarter of 2024 showed bankruptcy filings in the US rose again, increasing 9.1% from the year\’s first quarter. Bankruptcy filings have continued an upward trajectory over the last two years. Total filings for the first two quarters of 2024 were 243,161, compared to 209,296 for the first two quarters of 2023. This represents a 16.2% YoY increase. “While bankruptcy filings increased in every region of the US during the first half […] - [SchoolsFirst Federal Credit Union Funds Cal Poly Pomona Credentialing Program](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-funds-cal-poly-pomona-credentialing-program/): Credit Union support for computer science coursework benefits elementary, middle and high school teachers SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced its partnership with Cal Poly Pomona (CPP) to fund support for teachers earning their computer science supplementary authorization. The program benefits elementary, middle and high school teachers and has achieved initial success during the past several years. Since its inception in the 2021-22 academic year, 95 Southern California teachers have completed the program. With funding support from SchoolsFirst FCU, CPP developed four new courses (10 […] - [New \"State of Digital Lending\" Report Reveals Over 50% of Organizations Struggle to Deliver Fast, Seamless Digital Lending Experiences](https://thecreditunionconnection.com/new-state-of-digital-lending-report-reveals-over-50-of-organizations-struggle-to-deliver-fast-seamless-digital-lending-experiences-4/): MeridianLink, in Partnership with the Digital Banking Report, Shares Insights on the State of Digital Lending MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, recently unveiled the “2024 State of Digital Lending” report in collaboration with prominent industry expert, Jim Marous, owner and publisher of The Digital Banking Report. The report highlights that while there is a notable increase in mobile and digital loan applications, with 65% of applications now submitted via mobile — a significant rise from 54% in 2021, 44% in 2020, and 34% in 2019, financial institutions still find […] - [New \"State of Digital Lending\" Report Reveals Over 50% of Organizations Struggle to Deliver Fast, Seamless Digital Lending Experiences](https://thecreditunionconnection.com/new-state-of-digital-lending-report-reveals-over-50-of-organizations-struggle-to-deliver-fast-seamless-digital-lending-experiences-3/): MeridianLink, in Partnership with the Digital Banking Report, Shares Insights on the State of Digital Lending MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, recently unveiled the “2024 State of Digital Lending” report in collaboration with prominent industry expert, Jim Marous, owner and publisher of The Digital Banking Report. The report highlights that while there is a notable increase in mobile and digital loan applications, with 65% of applications now submitted via mobile — a significant rise from 54% in 2021, 44% in 2020, and 34% in 2019, financial institutions still find […] - [New \"State of Digital Lending\" Report Reveals Over 50% of Organizations Struggle to Deliver Fast, Seamless Digital Lending Experiences](https://thecreditunionconnection.com/new-state-of-digital-lending-report-reveals-over-50-of-organizations-struggle-to-deliver-fast-seamless-digital-lending-experiences-2/): MeridianLink, in Partnership with the Digital Banking Report, Shares Insights on the State of Digital Lending MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, recently unveiled the “2024 State of Digital Lending” report in collaboration with prominent industry expert, Jim Marous, owner and publisher of The Digital Banking Report. The report highlights that while there is a notable increase in mobile and digital loan applications, with 65% of applications now submitted via mobile — a significant rise from 54% in 2021, 44% in 2020, and 34% in 2019, financial institutions still find […] - [New \"State of Digital Lending\" Report Reveals Over 50% of Organizations Struggle to Deliver Fast, Seamless Digital Lending Experiences](https://thecreditunionconnection.com/new-state-of-digital-lending-report-reveals-over-50-of-organizations-struggle-to-deliver-fast-seamless-digital-lending-experiences/): MeridianLink, in Partnership with the Digital Banking Report, Shares Insights on the State of Digital Lending MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, recently unveiled the “2024 State of Digital Lending” report in collaboration with prominent industry expert, Jim Marous, owner and publisher of The Digital Banking Report. The report highlights that while there is a notable increase in mobile and digital loan applications, with 65% of applications now submitted via mobile — a significant rise from 54% in 2021, 44% in 2020, and 34% in 2019, financial institutions still find […] - [TruStage to make $1 million direct cash contribution to African-American Credit Union Coalition’s (AACUC) Future Fund](https://thecreditunionconnection.com/trustagetm-to-make-1-million-direct-cash-contribution-to-african-american-credit-union-coalitions-aacuc-future-fund/): Charitable Donation Account (CDA) for AACUC’s Commitment to Change initiative also established by TruStage Today, TruStageTM announced it is making a $1 million direct cash contribution to the African-American Credit Union Coalition’s (AACUC) Future Fund. The contribution will be paid out over three years. The Future Fund is a transformative new funding source for AACUC, created to ensure the long-term strength and sustainability of the organization regardless of economic downturns and socio-political headwinds. This contribution aligns with TruStage’s commitment to create a more inclusive financial ecosystem and help build a more diverse workforce that reflects current and prospective customers. “TruStage […] - [Consumers Credit Union Designates Lumin Digital as New Provider of Next-Gen Banking Solutions](https://thecreditunionconnection.com/consumers-credit-union-designates-lumin-digital-as-new-provider-of-next-gen-banking-solutions/): Consumers Credit Union, based in Lake Forest, IL, today announced its plans to implement a new digital banking solution for its members from leading cloud-native digital banking provider, Lumin Digital. Over the past several years, Consumers Credit Union has experienced a sustained period of growth, expanding its community of members both organically and through various mergers. As a result, Consumers Credit Union required a new digital banking solution that will support its increasing number of members and their unique needs. Lumin\’s people-centric culture, data-informed user experience, and feature-rich platform resonated deeply with Consumer Credit Union\’s people-first mindset; the match was […] - [VeraScore Partners with Labor Credit Union to Enhance Financial Health of Underserved Communities](https://thecreditunionconnection.com/verascore-partners-with-labor-credit-union-to-enhance-financial-health-of-underserved-communities/): VeraScore, an innovative application designed to measure and manage financial health, has announced a strategic partnership with Labor Credit Union, a member-owned financial cooperative committed to serving the Washington, D.C. metropolitan region. This collaboration represents a significant milestone in addressing the financial challenges faced by the underbanked and underserved populations in the region. VeraScore\’s AI-enabled SaaS-based technology empowers lenders to more accurately evaluate the true strength of a borrower\’s financial position. By promoting financial literacy and helping consumers build their financial health, VeraScore makes it easier for individuals to become more attractive to lenders, thereby opening doors to new financial […] - [SavvyMoney Launches First Personalized Offer Automation Tool for Financial Institutions](https://thecreditunionconnection.com/savvymoney-launches-first-personalized-offer-automation-tool-for-financial-institutions-1/): New tool streamlines personalized loan offers for financial institutions SavvyMoney today announced Get My Rate, the first personalized offer automation tool designed exclusively for financial institutions (FIs).  The new, customized offer tool is set to transform the way FIs interact with members and non-members, providing unmatched convenience, tailored experiences and enhanced market reach. Get My Rate also seamlessly integrates consumers into the FI\’s marketing efforts, ensuring that as their credit profile improves over time or as rates improve, they are presented with pre-qualified loan options featuring the latest rates in line with their credit qualifications. Unlike other conventional, single-stop pre-qualification […] - [Santa Rosa County FCU Selects Cotribute for Next Generation Digital Account Opening and Onboarding](https://thecreditunionconnection.com/santa-rosa-county-fcu-selects-cotribute-for-next-generation-digital-account-opening-and-onboarding/): Milton, Fla.-based credit union selects digital account opening and loan application module to lower fraud and eliminate backlogs Cotribute, an award-winning, next-generation digital account opening and onboarding platform helping financial institutions grow deposits, loans and memberships, today announced Santa Rosa County Federal Credit Union (Santa Rosa County FCU) selected its Consumer Account Opening and Consumer Loan Application modules to automate its new member onboarding and loan application processes. “Before Cotribute, we were manually reviewing 100% of our applications each month, half of which would be fraudulent,” said Mark Padgett, Executive Vice President at Santa Rosa County FCU. “We knew improving […] - [Report: Credit Unions’ Impact on the Underserved in CA and NV](https://thecreditunionconnection.com/report-credit-unions-impact-on-the-underserved-in-ca-and-nv/): Leagues Release Social Impact Survey Report Results Every day, credit unions elevate their communities and enrich the lives of members through social impact initiatives, programs, and uplifting products and services that benefit underserved households. New research compiled by the California and Nevada Credit Union Leagues proves this fact. Representing 58 percent of credit union members in both states — or 7.8 million individuals — a recent Leagues-affiliated survey reveals how local credit unions are accomplishing their mission within these communities: Credit Unions Focus on Members There were 274 locally headquartered credit unions in California and Nevada as of December 31, […] - [MDT Launches AI Bootcamp for Credit Unions](https://thecreditunionconnection.com/mdt-launches-ai-bootcamp-for-credit-unions/): CUSO offers program to help credit unions leverage generative AI to streamline internal processes, increase efficiencies Member Driven Technologies (MDT) today announced the launch of its AI Bootcamp, a 10-week program that helps credit union clients establish a generative AI strategy and use cases within their organizations. Through the program, AI experts at MDT will lead weekly meetings with a selected team at the credit union, exploring how the technology could support the credit union’s unique strategic goals, improve operational efficiencies and enhance member services. MDT will provide educational resources and sample policies, collaborate on ideas, oversee a credit union […] - [First Financial Celebrates Delmarva Shorebirds Teacher Appreciation Night with Donations to Local Schools ](https://thecreditunionconnection.com/first-financial-celebrates-delmarva-shorebirds-teacher-appreciation-night-with-donations-to-local-schoolsnbsp/): For the second consecutive year, First Financial Federal Credit Union proudly partnered with the Delmarva Shorebirds to host Teacher Appreciation Night at the Shorebirds vs. Salem Red Sox game, held at Franklin P. Perdue Stadium on August 30th.  In honor of the occasion, First Financial donated $4,500 to the local public-school systems across the Delmarva region. As a credit union founded by a group of educators, First Financial is dedicated to supporting area schools that are paving the way to success for future generations. The credit union donated $500 to each local school system, including Accomack, VA; Caroline, MD; Delmar, […] - [CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers\' Consent](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-banks-from-harvesting-overdraft-fees-without-consumers-consent-4/): Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers\’ documented consent Today, the Consumer Financial Protection Bureau (CFPB) published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements. Phantom opt-ins occur when banks claim they have customers’ consent to charge overdraft fees but there is no proof they actually obtained that consent. Under the Electronic Fund Transfer Act, banks cannot charge overdraft fees on ATM and one-time debit card transactions unless consumers have affirmatively opted in. “The CFPB has […] - [CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers\' Consent](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-banks-from-harvesting-overdraft-fees-without-consumers-consent-3/): Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers\’ documented consent Today, the Consumer Financial Protection Bureau (CFPB) published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements. Phantom opt-ins occur when banks claim they have customers’ consent to charge overdraft fees but there is no proof they actually obtained that consent. Under the Electronic Fund Transfer Act, banks cannot charge overdraft fees on ATM and one-time debit card transactions unless consumers have affirmatively opted in. “The CFPB has […] - [CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers\' Consent](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-banks-from-harvesting-overdraft-fees-without-consumers-consent-2/): Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers\’ documented consent Today, the Consumer Financial Protection Bureau (CFPB) published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements. Phantom opt-ins occur when banks claim they have customers’ consent to charge overdraft fees but there is no proof they actually obtained that consent. Under the Electronic Fund Transfer Act, banks cannot charge overdraft fees on ATM and one-time debit card transactions unless consumers have affirmatively opted in. “The CFPB has […] - [CFPB Takes Action to Stop Banks from Harvesting Overdraft Fees Without Consumers\' Consent](https://thecreditunionconnection.com/cfpb-takes-action-to-stop-banks-from-harvesting-overdraft-fees-without-consumers-consent/): Banks have charged overdraft fees for ATM and one-time debit card transactions even though they did not have customers\’ documented consent Today, the Consumer Financial Protection Bureau (CFPB) published guidance to help federal and state consumer protection enforcers stop banks from charging overdraft fees based on phantom opt-in agreements. Phantom opt-ins occur when banks claim they have customers’ consent to charge overdraft fees but there is no proof they actually obtained that consent. Under the Electronic Fund Transfer Act, banks cannot charge overdraft fees on ATM and one-time debit card transactions unless consumers have affirmatively opted in. “The CFPB has […] - [Magnolia Federal Credit Union Chooses Pulsate for Data-Driven Mobile-First Engagement](https://thecreditunionconnection.com/magnolia-federal-credit-union-chooses-pulsate-for-data-driven-mobile-first-engagement/): Magnolia FCU taps Pulsate’s digital member engagement solutions through the Jack Henry digital banking platform Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that Magnolia Federal Credit Union has selected Pulsate to enhance member engagement and drive highly targeted communications through the digital and mobile banking channels. Leveraging Pulsate’s integration with the Banno Digital Toolkit™, Magnolia FCU is equipped with seamless access to Pulsate’s solutions via the Jack Henry™ digital banking platform. This partnership enables Magnolia FCU to deliver greater levels of convenience to their digital […] - [Backbase Joins the Jack Henry™ Vendor Integration Program](https://thecreditunionconnection.com/backbase-joins-the-jack-henry-vendor-integration-program/): VIP enables Backbase to integrate with Symitar® Backbase, the creator of the Engagement Banking Platform, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Backbase with access to Jack Henry’s technical resources to enable the Engagement Banking Platform to integrate with Symitar®. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products. The Engagement Banking Platform integrates with Symitar via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions to access the platform’s core data and business rules. The […] - [SWIVEL™ Named PayTech Awards USA 2024 Finalist in Multiple Categories](https://thecreditunionconnection.com/swivel-named-paytech-awards-usa-2024-finalist-in-multiple-categories/): SWIVEL\’s Transaction Enablement™ platform recognized as an innovative paytech solution helping institutions meet the evolving needs of today\’s payments environment. SWBC\’s SWIVEL Transactions, LLC, a leading fintech company specializing in integrated transaction enablement solutions has been named a finalist for the PayTech Awards USA 2024 in two categories – \”Tech of the Future\” and \”Top Innovation in Payments – Solutions for Banks & FIs.\” Now in its second year, the PayTech Awards USA, produced by FinTech Futures, celebrates the excellence and innovation in the rapidly expanding U.S. payments technology market while highlighting the achievements and successes of the people and companies driving […] - [SavvyMoney Launches First Personalized Offer Automation Tool for Financial Institutions](https://thecreditunionconnection.com/savvymoney-launches-first-personalized-offer-automation-tool-for-financial-institutions/): New tool streamlines personalized loan offers for financial institutions SavvyMoney today announced Get My Rate, the first personalized offer automation tool designed exclusively for financial institutions (FIs).  The new, customized offer tool is set to transform the way FIs interact with members and non-members, providing unmatched convenience, tailored experiences and enhanced market reach. Get My Rate also seamlessly integrates consumers into the FI’s marketing efforts, ensuring that as their credit profile improves over time or as rates improve, they are presented with pre-qualified loan options featuring the latest rates in line with their credit qualifications. Unlike other conventional, single-stop pre-qualification […] - [LEVERAGE Partners with McQueen Financial Advisors to Help Credit Unions Offset Rising Employee Benefit Costs](https://thecreditunionconnection.com/leverage-partners-with-mcqueen-financial-advisors-to-help-credit-unions-offset-rising-employee-benefit-costs/): LEVERAGE, the trusted service corporation for the League of Southeastern Credit Unions & Affiliates, is thrilled to announce a new strategic partnership with McQueen Financial Advisors (MFA), a leading financial advisory services firm for credit unions. This collaboration provides credit unions with a powerful solution to manage the rising costs of employee benefits through customized investment strategies. MFA is a proven alternative portfolio manager with a strong track record of delivering Employee Benefit Pre-Funding Account (EBPA) results. By working closely with credit unions, MFA creates tailored portfolios that may include a mix of fixed-income bonds, stocks, Exchange-Traded Fund (ETF), preferred […] - [Mazuma Credit Union Selects Mike Schreck to Serve as CRO](https://thecreditunionconnection.com/mazuma-credit-union-selects-mike-schreck-to-serve-as-cro/): Mazuma Credit Union has selected Mike Schreck to serve as its first Chief Risk Officer. “As we continue to navigate an increasingly complex financial landscape, the appointment of our first Chief Risk Officer underscores Mazuma’s commitment to safeguarding our Members’ trust and financial well-being. This strategic role will enhance our ability to identify and manage risks more effectively, enabling us to maintain the highest standards of excellence and security in our operations,” says Deonne Christensen, President & CEO. “We are excited to promote Mike to this role as his expansive experience, education, proven leadership, and dedication to our Credit Union […] - [Soarion Credit Union President and CEO Ryan Ross Announces Departure](https://thecreditunionconnection.com/soarion-credit-union-president-and-ceo-ryan-ross-announces-departure/): Ric Ledezma, Current Executive VP and CFO, Selected as New Leader of San Antonio-based Credit Union Ryan Ross, President and CEO of Soarion Credit Union, has announced he is stepping down from his current role to pursue an opportunity as President and CEO of University of Kentucky Federal Credit Union. His last day with the San Antonio-based credit union will be Friday, Oct. 4, 2024. Stepping into the role as Soarion\’s new President and CEO will be current Executive Vice President and CFO, Ric Ledezma, effective Monday, Oct. 7, 2024. Ryan Ross (left) announces his departure as President and CEO […] - [Suncoast Credit Union Celebrates Milestone with One Millionth Checking Account Member](https://thecreditunionconnection.com/suncoast-credit-union-celebrates-milestone-with-one-millionth-checking-account-member-1/): Suncoast Credit Union, the largest credit union in Florida, recently celebrated a significant milestone by welcoming its one millionth checking account member. The celebration took place at the West Osceola Service Center on Friday, August 23rd, where Suncoast executives honored Yofre Flores Gonzalez, a new business owner, with a special recognition ceremony. During the event, Gonzalez, who recently opened both a business and personal checking account at the West Osceola Service Center, was surprised with a $1,500 check from Suncoast. This contribution will support Yofre’s journey in launching his food truck business. In addition to the check, Yofre was presented […] - [Westerra Credit Union Launches 2024 School Grant Program](https://thecreditunionconnection.com/westerra-credit-union-launches-2024-school-grant-program/): Westerra Credit Union’s School Grant Program is now accepting applications for the 2024-2025 school year. Eligible applicants must be a Westerra Credit Union member with a minimum of $5 in a savings account at the time of application and be an educator working in Early Childhood through Grade 12 in any Colorado school district. “These grants are intended to help educators fill in funding gaps by providing monetary support for them to enhance their classrooms and learning environments, respond to unforeseen challenges and fill essential needs for educators across the state,” said Andrea McDermott, Westerra’s Community Engagement Manager. Westerra staff […] - [The Velera Payments Index: September 2024](https://thecreditunionconnection.com/the-velera-payments-index-september-2024/): Today, Velera published the September edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. In August, growth in consumer spending increased on debit but softened on credit, mainly due to lower gasoline prices. At the same time, consumers wait with great anticipation of the expected interest rate cuts by the Federal Reserve on Sept. 18. In our September 2024 edition of the Velera Payments Index, we present a Deep Dive on Back-to-School spending activity. A National […] - [DCUC Letter to U.S. Senate Banking, Housing, and Urban Affairs Committee, Opposing Tax Reform Harmful to Credit Unions](https://thecreditunionconnection.com/dcuc-letter-to-us-senate-banking-housing-and-urban-affairs-committee-opposing-tax-reform-harmful-to-credit-unions/): Today, the Defense Credit Union Council (DCUC) sent a letter to Senators Elizabeth Warren (D-MA), John Kennedy (R-LA), and each office of the Senate Banking, Housing, and Urban Affairs Committee providing its comments for the upcoming September 18, 2024, hearing titled, \”The Macroeconomic Impacts of Potential Tax Reform in 2025.\” DCUC voiced its opposition to any proposal that would undermine or eliminate the longstanding nonprofit, tax-exemption of credit unions. The letter emphasized that removing credit unions’ tax exemption would have severe consequences for thousands of consumers nationwide, including our Nation’s servicemembers, veterans, their families, and underserved communities. “Credit unions operate […] - [NCUA Releases Q2 2024 State-Level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q2-2024-state-level-credit-union-data-report/): Total assets, shares and deposits, and membership at federally insured credit unions declined at the median over the year ending in the second quarter of 2024, while loans outstanding increased, according to the latest Quarterly U.S. Map Review released today by the National Credit Union Administration. Nationally, median asset growth was negative 0.2 percent over the year ending in the second quarter of 2024, compared with 1.0 percent over the year ending in the second quarter of 2023. The median growth in shares and deposits over the year ending in the second quarter of 2024 was negative 1.2 percent, compared […] - [Corporate Central\'s 2024 Economic Outlook Conference Empowers Industry Leaders with Forward-Looking Strategies](https://thecreditunionconnection.com/corporate-centrals-2024-economic-outlook-conference-empowers-industry-leaders-with-forward-looking-strategies-4/): Corporate Central\’s Economic Outlook Conference, held on Thursday, September 12, 2024, at The Ingleside Hotel in Pewaukee, WI, brought together over 75 credit union leaders for a day of insightful presentations and expert discussions on the current and future economic landscape. The conference aimed to provide members with valuable insights to help guide their 2025 planning efforts. Attendees had the opportunity to hear from a diverse lineup of expert speakers who covered topics ranging from economic trends to artificial intelligence and generational shifts in the workplace. Dale Knapp, Director of Research and Analytics at Wisconsin Counties Association (WCA) and Director […] - [Corporate Central\'s 2024 Economic Outlook Conference Empowers Industry Leaders with Forward-Looking Strategies](https://thecreditunionconnection.com/corporate-centrals-2024-economic-outlook-conference-empowers-industry-leaders-with-forward-looking-strategies-3/): Corporate Central\’s Economic Outlook Conference, held on Thursday, September 12, 2024, at The Ingleside Hotel in Pewaukee, WI, brought together over 75 credit union leaders for a day of insightful presentations and expert discussions on the current and future economic landscape. The conference aimed to provide members with valuable insights to help guide their 2025 planning efforts. Attendees had the opportunity to hear from a diverse lineup of expert speakers who covered topics ranging from economic trends to artificial intelligence and generational shifts in the workplace. Dale Knapp, Director of Research and Analytics at Wisconsin Counties Association (WCA) and Director […] - [Corporate Central\'s 2024 Economic Outlook Conference Empowers Industry Leaders with Forward-Looking Strategies](https://thecreditunionconnection.com/corporate-centrals-2024-economic-outlook-conference-empowers-industry-leaders-with-forward-looking-strategies-2/): Corporate Central\’s Economic Outlook Conference, held on Thursday, September 12, 2024, at The Ingleside Hotel in Pewaukee, WI, brought together over 75 credit union leaders for a day of insightful presentations and expert discussions on the current and future economic landscape. The conference aimed to provide members with valuable insights to help guide their 2025 planning efforts. Attendees had the opportunity to hear from a diverse lineup of expert speakers who covered topics ranging from economic trends to artificial intelligence and generational shifts in the workplace. Dale Knapp, Director of Research and Analytics at Wisconsin Counties Association (WCA) and Director […] - [Corporate Central\'s 2024 Economic Outlook Conference Empowers Industry Leaders with Forward-Looking Strategies](https://thecreditunionconnection.com/corporate-centrals-2024-economic-outlook-conference-empowers-industry-leaders-with-forward-looking-strategies/): Corporate Central\’s Economic Outlook Conference, held on Thursday, September 12, 2024, at The Ingleside Hotel in Pewaukee, WI, brought together over 75 credit union leaders for a day of insightful presentations and expert discussions on the current and future economic landscape. The conference aimed to provide members with valuable insights to help guide their 2025 planning efforts. Attendees had the opportunity to hear from a diverse lineup of expert speakers who covered topics ranging from economic trends to artificial intelligence and generational shifts in the workplace. Dale Knapp, Director of Research and Analytics at Wisconsin Counties Association (WCA) and Director […] - [U.S. Senate Federal Credit Union Showcases Innovative AI Use at VMware Explore 2024](https://thecreditunionconnection.com/us-senate-federal-credit-union-showcases-innovative-ai-use-at-vmware-explore-2024/): The U.S. Senate Federal Credit Union (USSFCU) stood out at VMware Explore 2024, a global conference held at the Venetian Convention and Expo Center, Las Vegas. The conference, recognized for its emphasis on cloud technology and digital transformation, featured USSFCU’s groundbreaking use of private artificial intelligence (AI) to enhance the member experience and streamline banking operations. USSFCU’s presentation showcased how AI is transforming financial services, setting new standards for personalized member interactions, security, and operational efficiency. Represented by Chief Information Officer Mark Fournier and Senior Systems Engineer Michele Collauto, the USSFCU IT team highlighted our ongoing efforts to harness AI […] - [Affinity Federal Credit Union Expands Presence With New Branch in Lawrenceville, New Jersey](https://thecreditunionconnection.com/affinity-federal-credit-union-expands-presence-with-new-branch-in-lawrenceville-new-jersey/): The new location marks the 15th branch of the New Jersey-based credit union in the state, expanding its footprint to Central Jersey and reinforcing its commitment to supporting local communities. Affinity Federal Credit Union (“Affinity”) is celebrating the opening of its new branch in Lawrenceville, New Jersey. The branch, located at 138 Franklin Corner Rd, officially opened in July and was celebrated with a ribbon cutting event on September 12th that hosted community businesses and organizations. The new branch brings Affinity to 15 locations in New Jersey and 20 total locations. Affinity identified the need for physical branches to best […] - [Navy Federal Makes $9 Million Commitment to the USO](https://thecreditunionconnection.com/navy-federal-makes-9-million-commitment-to-the-uso/): Three-year partnership aimed at enhancing overall well-being, financial wellness of servicemembers and their families Navy Federal Credit Union today announced the launch of a new partnership with the USO. The $9 million investment from the credit union will be used to implement existing USO programming and establish new, signature initiatives designed to address the unique needs of America’s military community. Specifically, by leveraging the respective strengths of the USO and of Navy Federal, the partnership will aim to provide comprehensive financial wellness education and resources in support of early-career servicemembers and their spouses. Last Thursday, members of Navy Federal’s leadership […] - [The Role of a Loyalty Provider for Banks and Credit Unions](https://thecreditunionconnection.com/the-role-of-a-loyalty-provider-for-banks-and-credit-unions/): By: ampliFI Loyalty Solutions Loyalty providers play a pivotal in shaping consumer experiences and fostering long-term relationships. According to Marigold, 67% of consumers remain with an institution because of a loyalty program, 79% stay loyal because of diverse and meaningful redemption options, and 56% are inspired by the effort to connect with them personally. As expectations evolve, one-size-fits-all programs may no longer suffice and can even negatively impact an experience. The solution is a dynamic loyalty provider that offers tailored rewards programs for financial institutions and their consumers. Why Choose a 3rd Party Loyalty Provider? Many banks and credit unions […] - [The Wisconsin Credit Union League Selects Sarah Wainscott as President/CEO](https://thecreditunionconnection.com/the-wisconsin-credit-union-league-selects-sarah-wainscott-as-presidentceo/): The Board of Directors of The Wisconsin Credit Union League (The League) is pleased to announce the selection of Sarah Wainscott as The League’s next President and Chief Executive Officer. Wainscott will succeed Brett Thompson, who will retire after serving Wisconsin’s credit unions for decades, including over 23 years of dedicated service as President and CEO of The League.  “The Board is immensely grateful for Brett\’s decades of servant leadership, which has made The Wisconsin Credit Union League one of the strongest Leagues in the nation,” said Christine Moczynski, President and CEO of Prime Financial Credit Union and Board Chair […] - [First Capital Federal Credit Union Hosts Buy Local Coalition Mixer!](https://thecreditunionconnection.com/first-capital-federal-credit-union-hosts-buy-local-coalition-mixer/): On September 10, 2024, First Capital FCU hosted the Buy Local Coalition’s September Networking Mixer at First Capital FCU’s West York Branch. The tailgating-themed event offered food from Ry Guy’s, cornhole, and gift cards and gift baskets for several lucky winners. The Buy Local Coalition is a group of locally owned and operated independent businesses in York, Adams, Franklin, Lancaster, Cumberland, and Dauphin Counties. The group’s goal is to educate the public about the benefits of spending money with local businesses as well as to promote businesses working with other local businesses. “We had a great time networking with other […] - [CFPB Sues Horizon Card Services and CEO Robert Kane for Illegally Baiting, Gouging, and Trapping Families in High-Fee Credit Cards](https://thecreditunionconnection.com/cfpb-sues-horizon-card-services-and-ceo-robert-kane-for-illegally-baiting-gouging-and-trapping-families-in-high-fee-credit-cards/): Consumers were charged up to $300 a year in fees and card could only be used to buy overpriced items from Horizon’s online store The Consumer Financial Protection Bureau (CFPB) today sued Horizon Card Services and its CEO Robert Kane for tricking consumers into signing up for its expensive membership credit card. Horizon’s credit card, which could come with almost $300 in annual fees on a card with a $500 credit limit, could only be used to purchase goods from the company’s overpriced online store and nowhere else. The CFPB alleges Horizon and Kane lured consumers into the membership program […] - [Pathways Welcomes Members of Springfield Postal Employees Federal Credit Union](https://thecreditunionconnection.com/pathways-welcomes-members-of-springfield-postal-employees-federal-credit-union/): Merger of Springfield Postal Employees FCU with Pathways FCU creates new services for members On September 3, 2024, Pathways Financial Credit Union announced the merger of Springfield Postal Employees Federal Credit Union (SPEFCU) with Pathways. The 535 members of SPEFCU will receive Pathways memberships and have access to the full array of banking services that Pathways offers. SPEFCU was established in 1950 at the downtown Springfield, Ohio, Post Office for current employees of USPS, their immediate family members, or USPS retirees. The SPEFCU location at the Post Office is no longer open, but members will have access to the newly […] - [SchoolsFirst Federal Credit Union Supports Successful Education Program at CSU Long Beach](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-supports-successful-education-program-at-csu-long-beach/): Credit Union funding supports student teacher mentorship and training at CSULB College of Education SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that its ongoing partnership with the California State University Long Beach (CSULB) College of Education has achieved solid results in recent years for its evidence-based, multifaceted program to mentor and train teachers to ensure they are modeling the best teaching techniques for their students. The SchoolsFirst Federal Credit Union Preparing the Next Generation Educator Clinical Practice Infrastructure Program helps prepare teachers for success both before […] - [Credit Unions Announce Changes to Their Leadership and Board Appointee](https://thecreditunionconnection.com/credit-unions-announce-changes-to-their-leadership-and-board-appointee/): A few credit unions announced changes to their leadership, including a new branch manager at Bellwether Community Credit Union and a new hire at Reliant Credit Union. New Hires Reliant Credit Union is pleased to announce the hiring of Melissa Keem as Mortgage Closing and Servicing Manager.  Ms. Keem previously served as a Corporate Closing Manager at Fairway Independent Mortgage Corporation. In her new position, Ms. Keem will oversee the closing, post-closing and servicing processes of all mortgages at Reliant and ensure all functions are completed efficiently and effectively. Promotions Bellwether Community Credit Union is excited to announce Fernando Rico […] - [UK Federal Credit Union Names Ryan Ross President & CEO](https://thecreditunionconnection.com/uk-federal-credit-union-names-ryan-ross-president-amp-ceo/): The Board of Directors for UK Federal Credit Union (UKFCU) is pleased to announce the appointment of Ryan Ross as the next President & CEO. Ross\’s first day serving the members of UKFCU will be October 14, 2024. \”During our extensive and thorough nationwide search, the Board of Directors understood what type of leader was needed to help deliver exceptional service to our members and growth opportunities for the organization and employees,\” said Tyler Gayheart, Board Chair. \”When speaking to Ryan, the Board could very quickly recognize his deep history and understanding of Credit Unions and member-centric ideologies that maintain […] - [Financial Center Opens Flagship Hazel Dell Crossing Branch Expanding into Hamilton County](https://thecreditunionconnection.com/financial-center-opens-flagship-hazel-dell-crossing-branch-expanding-into-hamilton-county/): Financial Center is proud to announce the opening of its newest branch, Hazel Dell Crossing, located at 146th Street and Hazel Dell Road. This flagship branch marks the Credit Union’s official expansion into Hamilton County, furthering its commitment to delivering financial wellness to local communities. Financial Center hosted a ribbon-cutting ceremony on Tuesday, welcoming members of the community, local business leaders, and government officials to celebrate the launch. The new branch will serve Noblesville, Carmel, Westfield, and Fishers, offering a unique blend of personalized banking, financial coaching, and interactive teller technology. “Joining the Hamilton County community is an exciting milestone […] - [First Harvest Credit Union Launches Growth Checking Account](https://thecreditunionconnection.com/first-harvest-credit-union-launches-growth-checking-account/): New Checking Solution Offers Higher Earnings and Convenience or Members First Harvest Credit Union (“First Harvest”) has  launched its newest checking program to continue expanding its financial product and  service suite. The Growth Checking Account provides members with higher earnings than  a traditional checking account and offers a wider selection to members when it comes to their ideal spending and payments preferences.  This account offers the same conveniences as a traditional checking account, such as debit  card access, direct deposit, and online bill pay services. A Growth Checking Account is  ideal for members looking to keep their funds accessible while […] - [Park Community Credit Union Celebrates Brand Evolution ](https://thecreditunionconnection.com/park-community-credit-union-celebrates-brand-evolutionnbsp/): Park Community Credit Union, Kentucky’s largest Community Development Financial Institution  (CDFI) Credit Union is embarking on a new era of empowering communities and cultivating a sense of belonging.   In addition to a clearly defined mission, vision, and core values, Park is unveiling a new look. The brand  evolution represents a bold step forward, embodying the organization’s heritage as the credit union created  by employees of the Louisville GE Appliance Park, while emphasizing transition and opportunity.   “Park has always held a special, indescribable allure for our employees and members,” shares Jana Erny, Park  Community’s President/CEO, “to capture this unique spirit, we […] - [CFPB Bans Navient from Federal Student Loan Servicing and Orders the Company to Pay $120 Million for Wide-Ranging Student Lending Failures](https://thecreditunionconnection.com/cfpb-bans-navient-from-federal-student-loan-servicing-and-orders-the-company-to-pay-120-million-for-wide-ranging-student-lending-failures/): Order would put an end to Navient\’s years of abuse of students and taxpayers in the federal student loan program Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order against the student loan servicer Navient for its years of failures and lawbreaking. If entered by the court, the proposed order would permanently ban the company from servicing federal Direct Loans and would forbid the company from directly servicing or acquiring most loans under the Federal Family Education Loan Program. These bans would largely remove Navient from a market where it, among other illegal actions, steered numerous student loan […] - [PenFed Credit Union Marketing Team Awarded Three dotCOMM Awards](https://thecreditunionconnection.com/penfed-credit-union-marketing-team-awarded-three-dotcomm-awards/): Awards Honors Excellence in Web Creativity and Digital Communication PenFed Credit Union, the nation\’s second-largest federal credit union, today announced its marketing team was selected for three dotCOMM awards for their creation of the How to Pay for Your First Apartment learning center article, Premium Online Savings Puerto Rico Social Ads and Access America Checking Evergreen campaign. The dotCOMM awards is an international competition honoring excellence in web creativity and digital communication. \”We thank the judges for recognizing the PenFed marketing team\’s creativity and efforts,\” said PenFed Chief Marketing Officer Gaurav Bhatia. \”The campaigns selected for these awards showcase PenFed\’s […] - [Sandia Laboratory Federal Credit Union to Acquire New Mexico-based Business from Mountain America Credit Union](https://thecreditunionconnection.com/sandia-laboratory-federal-credit-union-to-acquire-new-mexico-based-business-from-mountain-america-credit-union/): Acquisition expands Sandia Laboratory Federal Credit Union’s Albuquerque presence and brings new products and services to Mountain America Credit Union members. Sandia Laboratory Federal Credit Union (SLFCU) and Mountain America Credit Union announced today that SLFCU has entered into an agreement with Mountain America Credit Union to acquire the portion of Mountain America’s business located in Albuquerque, which it will be spinning off to focus on other geographies. The acquisition, approved by the National Credit Union Administration, will be completed pending approval through a vote by the transitioning Mountain America Credit Union members. The acquisition supports and accelerates SLFCU’s long-term […] - [Velera Partners with BrightStar Credit Union to Provide Credit and Debit Card Processing](https://thecreditunionconnection.com/velera-partners-with-brightstar-credit-union-to-provide-credit-and-debit-card-processing/): Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce its partnership with BrightStar Credit Union to offer card processing solutions, providing an enhanced cardholder experience for its members and employees. BrightStar Credit Union services nearly 60,000 members across the South Florida community and holds over $870 million assets. Headquartered in Hollywood, Florida, BrightStar offers a variety of financial services, including checking and savings accounts, loans, mortgages, credit cards and online banking. During its search for an ideal card processing partner, BrightStar sought out […] - [Tower Federal Credit Union Employees Participate in 9/11 National Day of Remembrance and Service, Volunteer at Local Charities](https://thecreditunionconnection.com/tower-federal-credit-union-employees-participate-in-911-national-day-of-remembrance-and-service-volunteer-at-local-charities/): Tower Federal Credit Union employees volunteered on September 11 at Casey Cares in Columbia, Maryland, as part of the 9/11 Day of National Remembrance and Service. Casey Cares is a non-profit that helps critically ill children and their families. The Tower team folded and bundled hundreds of baby and children’s pajamas, which are then distributed by Casey Cares to area hospitals. What do critically ill children, food banks, first responders, and horses have in common? Dozens of Tower Federal Credit Union employees volunteered in the community on September 11 at four local charities that help our military heroes and children […] - [Minnesota’s Credit Unions Endorse Angie Craig in 2nd Congressional District Race](https://thecreditunionconnection.com/minnesotas-credit-unions-endorse-angie-craig-in-2nd-congressional-district-race/): The Minnesota Credit Union Network’s (MnCUN) Political Involvement Committee recently voted to endorse Representative Angie Craig in the 2nd Congressional District race. MnCUN is the statewide organization representing the needs and interests of credit unions in Minnesota. The Political Involvement Committee provides input and recommendations on legislative efforts at the state and federal levels.  \”Rep. Craig is committed to protecting credit unions’ ability to help their members and communities so everyone can have access to financial wellness,” said MnCUN Chief Advocacy Officer Ryan Smith. “We wholeheartedly endorse her re-election campaign and urge all supporters of credit unions in the 2nd […] - [Women’s Leadership Takes Center Stage at Asian Credit Union Forum 2024](https://thecreditunionconnection.com/womens-leadership-takes-center-stage-at-asian-credit-union-forum-2024/): GWLN Director Eleni Giakoumopoulos addresses closing gender gap in Bali Global Women’s Leadership Network (GWLN) Director Eleni Giakoumopoulos made her first ever presentation at an Asian credit union conference by leading sessions on empowering women to become leaders at September’s Asian Credit Union Forum 2024 in Bali, Indonesia.  Eleni Giakoumopoulos Asian Confederation of Credit Unions’ (ACCU) CEO Elenita San Roque, who has worked to expand the reach of GWLN Sister Societies to more than 20 Asian countries and received the 2016 Athena Leadership Award, invited Giakoumopoulos to give a September 7 main stage presentation that focused on strategies to close […] - [PenFed Foundation Honors Veterans and First Responders at Washington Nationals Game on 9/11](https://thecreditunionconnection.com/penfed-foundation-honors-veterans-and-first-responders-at-washington-nationals-game-on-911/): Veterans, First Responders and Service Dogs Took to Field to Participate in Pre-Game Events The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, honored our nation\’s veterans and first responders on the 23rd anniversary of 9/11 during pre-game events before the Washington Nationals game vs. the Atlanta Braves. PenFed Foundation President Andrea McCarren, retired DC Fire and EMS Sergeant Scott Creelman and Clinical Director for Prince George\’s County Fire and EMS Peer Support Team Beth Flaherty were welcomed to the field and recognized. They were joined by service dog in-training Pilot, and crisis response and peer support dog Alfie. […] - [Affinity Plus Federal Credit Union Selects Lumin Digital as New Digital Banking Provider](https://thecreditunionconnection.com/affinity-plus-federal-credit-union-selects-lumin-digital-as-new-digital-banking-provider/): Affinity Plus Federal Credit Union, a St. Paul, Minn.-based credit union, and Lumin Digital, a leading cloud-native digital banking provider, have entered a multi-year strategic collaboration to enhance and streamline online and mobile banking features for credit union members. Affinity Plus is adapting to its members\’ changing needs and adopting a fresh approach to digital banking while enriching their financial well-being. Through the partnership, Affinity Plus will now offer a digital banking platform with personalized spending analysis, financial guidance, savings objectives, and robust fraud protection for its members. \”We are dedicated to providing a best-in-class digital banking experience to our […] - [Eltropy and Sync 1 Systems Announce Integration to Streamline Loan Origination for Community Financial Institutions](https://thecreditunionconnection.com/eltropy-and-sync-1-systems-announce-integration-to-streamline-loan-origination-for-community-financial-institutions/): Partnership enables lenders to launch Eltropy\’s messaging tools directly from Sync 1\’s loan origination system (LOS), facilitating efficient digital conversations throughout the lending process Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), today announced an integration with Sync 1 Systems, a provider of advanced loan origination software (LOS). This collaboration will empower CFIs to enhance their lending processes by integrating Eltropy\’s communication tools directly into Sync 1\’s loan origination workflow. The Eltropy-Sync 1 integration allows lenders to launch Eltropy\’s messenger tool directly from the Sync 1 LOS. This seamless integration enables financial institutions to: Securely collect and […] - [Rize Credit Union leads signing ceremony between Consulate General of Mexico in Los Angeles and Inclusiv to expand financial inclusion](https://thecreditunionconnection.com/rize-credit-union-leads-signing-ceremony-between-consulate-general-of-mexico-in-los-angeles-and-inclusiv-to-expand-financial-inclusion/): Rize Credit Union (Rize CU) led a Memorandum of Understanding (MOU) signing ceremony between the Consulate General of Mexico in Los Angeles, Inclusiv and other Juntos Avanzamos-designated credit unions. The collaboration aims to enhance financial inclusion and economic empowerment for local Hispanic communities regardless of immigration status and help people of modest means reach financial independence. As a member of Inclusiv, Rize CU has held the Juntos Avanzamos designation for a decade, focusing on providing Hispanic and immigrant consumers with safe, affordable and responsible financial services. “Partnerships like this one between Rize Credit Union and the Consulate General of Mexico […] - [Minnesota’s Credit Unions Endorse Tom Emmer in 6th Congressional District Race](https://thecreditunionconnection.com/minnesotas-credit-unions-endorse-tom-emmer-in-6th-congressional-district-race/): The Minnesota Credit Union Network’s (MnCUN) Political Involvement Committee recently voted to endorse U.S. Representative Tom Emmer in the 6th Congressional District race. MnCUN is the statewide organization representing the needs and interests of credit unions in Minnesota. The Political Involvement Committee provides input and recommendations on legislative efforts at the state and federal levels.  “We are proud to have a credit union champion in Congress that fights for their ability to serve credit union members and local communities,” said MnCUN Chief Advocacy Officer Ryan Smith. “We fully support his re-election efforts and encourage all credit union advocates in the […] - [McCarter LaBorde Advocates for Credit Unions in Ukraine](https://thecreditunionconnection.com/mccarter-laborde-advocates-for-credit-unions-in-ukraine/): WOCCU President and CEO meets with National Bank of Ukraine officials about a more enabling regulatory environment for credit unions Elissa McCarter LaBorde (center) with executives of the GROW Project World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde on September 5 met with representatives from the National Bank of Ukraine (NBU) in Kyiv, Ukraine, to discuss ways to strengthen the country’s credit union sector through a more enabling regulatory environment. McCarter LaBorde’s meeting with the country’s credit union regulator came during a three-day trip to Ukraine that coincided with the launch of the new USAID/WOCCU GROW […] - [SouthLight Healthcare Awarded $500,000 Grant to Help Expand Access to Outpatient Treatment Services](https://thecreditunionconnection.com/southlight-healthcare-awarded-500000-grant-to-help-expand-access-to-outpatient-treatment-services/): SECU Foundation awarded a $500,000 grant to SouthLight Healthcare, one of the area’s leading non-profit providers of outpatient and community-based services for mental health and substance use treatment. Funding will support the renovation of the outpatient treatment center at its Wake County main campus to help expand its reach and impact in Johnston, Durham, Wake, Cumberland, and Harnett counties. SouthLight Healthcare currently serves over 7,000 individuals and families annually. With the center renovation, an additional 1,500 clients will have access to walk-in services, while 3,500 clients will benefit from the new on-site pharmacy each year. SECU Foundation’s grant will help […] - [Numerica Launches $10,000 Match Challenge to Support CCS Foundation Food Bank](https://thecreditunionconnection.com/numerica-launches-10000-match-challenge-to-support-ccs-foundation-food-bank/): As students return to college, many face challenges beyond the classroom — like starting their day hungry. Numerica Credit Union is partnering with the Community Colleges of Spokane Foundation to address this urgent need by supporting its Adult Education Center food bank, which primarily serves ESL learners and refugees. Numerica is challenging the community to help make a difference. Through Sept. 18, Numerica will match donations to the food bank, up to $10,000. “Our community thrives when we come together to support one another,” said Carla Cicero, Numerica president and CEO. “At Numerica, we’re passionate about helping people achieve their […] - [CFPB Orders TD Bank to Pay $28 Million for Breakdowns that Illegally Tarnished Consumer Credit Reports](https://thecreditunionconnection.com/cfpb-orders-td-bank-to-pay-28-million-for-illegal-breakdowns-that-potentially-tarnished-consumer-reports/): TD Bank\’s illegal behavior threatened the ability of tens of thousands of consumers to access credit, housing, and employment Today, the Consumer Financial Protection Bureau (CFPB) ordered TD Bank to pay $7.76 million to tens of thousands of victims of the bank’s illegal actions. For years, the bank repeatedly shared inaccurate, negative information about its customers to consumer reporting companies. The information included systemic errors about credit card delinquencies and bankruptcies. In addition to the redress, the CFPB is ordering TD Bank to pay a $20 million civil money penalty. Consumer reports, including credit reports, employment screening reports, tenant screening […] - [AmeriCU Credit Union Leverages Jack Henry to Fuel Community Reinvestment and Growth](https://thecreditunionconnection.com/americu-credit-union-leverages-jack-henry-to-fuel-community-reinvestment-and-growth/): Long-term alliance amplifies credit union’s impact on local communities Jack Henry™ (Nasdaq: JKHY) announced today that AmeriCU Credit Union is leveraging its technology infrastructure and expertise to expand geographically and meet more community needs. Founded in 1950 at Griffiss Air Force Base in Rome, N.Y., AmeriCU provides military personnel and an expanded field of membership with solutions to help them achieve their financial goals and make banking easier. Today, the credit union serves more than 164,000 members in 20 locations throughout Central and Northern New York. AmeriCU has used Jack Henry’s Symitar core system for the past 30 years, expanding […] - [Community Unites to Raise over $40,000 for Affordable Housing Alliance with M1\'s Matching Campaign](https://thecreditunionconnection.com/community-unites-to-raise-over-40000-for-affordable-housing-alliance-with-m1s-matching-campaign-4/): The spirit of generosity and unity in Midland County was on full display during Members First Credit Union’s (M1) \’Bringing Joy Home – Your Donation Matched\’ campaign, which raised an impressive $47,191 for the Affordable Housing Alliance of Midland County (AHA). Members First matched up to $20,000 in donations, inspiring local residents, businesses, and organizations to come together and address the critical need for affordable housing in the community. With $27,191 contributed by community members and local businesses and matched dollar-for-dollar up to $20,000 by Members First Credit Union (M1), the campaign highlights the power of collaboration in making a […] - [Community Unites to Raise over $40,000 for Affordable Housing Alliance with M1\'s Matching Campaign](https://thecreditunionconnection.com/community-unites-to-raise-over-40000-for-affordable-housing-alliance-with-m1s-matching-campaign-3/): The spirit of generosity and unity in Midland County was on full display during Members First Credit Union’s (M1) \’Bringing Joy Home – Your Donation Matched\’ campaign, which raised an impressive $47,191 for the Affordable Housing Alliance of Midland County (AHA). Members First matched up to $20,000 in donations, inspiring local residents, businesses, and organizations to come together and address the critical need for affordable housing in the community. With $27,191 contributed by community members and local businesses and matched dollar-for-dollar up to $20,000 by Members First Credit Union (M1), the campaign highlights the power of collaboration in making a […] - [Community Unites to Raise over $40,000 for Affordable Housing Alliance with M1\'s Matching Campaign](https://thecreditunionconnection.com/community-unites-to-raise-over-40000-for-affordable-housing-alliance-with-m1s-matching-campaign-2/): The spirit of generosity and unity in Midland County was on full display during Members First Credit Union’s (M1) \’Bringing Joy Home – Your Donation Matched\’ campaign, which raised an impressive $47,191 for the Affordable Housing Alliance of Midland County (AHA). Members First matched up to $20,000 in donations, inspiring local residents, businesses, and organizations to come together and address the critical need for affordable housing in the community. With $27,191 contributed by community members and local businesses and matched dollar-for-dollar up to $20,000 by Members First Credit Union (M1), the campaign highlights the power of collaboration in making a […] - [Community Unites to Raise over $40,000 for Affordable Housing Alliance with M1\'s Matching Campaign](https://thecreditunionconnection.com/community-unites-to-raise-over-40000-for-affordable-housing-alliance-with-m1s-matching-campaign/): The spirit of generosity and unity in Midland County was on full display during Members First Credit Union’s (M1) \’Bringing Joy Home – Your Donation Matched\’ campaign, which raised an impressive $47,191 for the Affordable Housing Alliance of Midland County (AHA). Members First matched up to $20,000 in donations, inspiring local residents, businesses, and organizations to come together and address the critical need for affordable housing in the community. With $27,191 contributed by community members and local businesses and matched dollar-for-dollar up to $20,000 by Members First Credit Union (M1), the campaign highlights the power of collaboration in making a […] - [The New Credit Union Difference: Our Best Defense Against Taxation](https://thecreditunionconnection.com/the-new-credit-union-difference-our-best-defense-against-taxation/): Denise Wymore, Chair, CU De Novo Collective Throughout my 40+ years in the credit union industry, the topic of taxation has been a constant concern. Whether during annual planning, at league conferences, in the credit union trades, and now on social media, the threat of taxation has always loomed large. It\’s even a primary reason for the recent merger of our two national trade associations—to protect credit unions from the burden of taxation. But how have we successfully kept this threat at bay? By telling the story of the Credit Union Difference. However, with the rise of large credit unions […] - [Auto Financial Group Announces Integration with Newgen Loan Origination System](https://thecreditunionconnection.com/auto-financial-group-announces-integration-with-newgen-loan-origination-system/): Auto Financial Group (AFG), the leading provider of residual-based financing products and services for financial institutions, is excited to announce its latest integration with the Newgen Loan Origination System (LOS). This integration marks another step forward in AFG\’s commitment to delivering seamless, user-friendly solutions that enhance operational efficiency for financial institutions. AFG\’s integration with Newgen mirrors the functionality of its other LOS integrations, allowing data to flow effortlessly from the Newgen LOS into the AFG Residual Value and Payment Quoting Calculator. The seamless integration between AFG and Newgen offers several key benefits: Smooth Interaction Between Systems: Users can transition effortlessly […] - [Updated Credit Union Diversity Self-Assessment Open Season Begins October 1, 2024](https://thecreditunionconnection.com/updated-credit-union-diversity-self-assessment-open-season-begins-october-1-2024/): On October 1, 2024, the NCUA will extend its annual invitation to credit unions to conduct a voluntary diversity self-assessment. This year, the diversity self-assessment will be administered through a third-party vendor, Optimal Solutions Group LLC, to provide complete separation from the examination and supervision programs. Optimal Solutions Group will administer the self-assessment, collect all responses, and provide an aggregated report to the NCUA. The vendor will provide all technical support during the process. The agency uses credit unions’ responses to help identify successful diversity policies and programs and to guide the development of technical assistance, guidance, and resources to […] - [KeyPoint Credit Union Named a Top Place to Work](https://thecreditunionconnection.com/keypoint-credit-union-named-a-top-place-to-work/): San Jose-based CU On List for Sixth Consecutive Year KeyPoint Credit Union, one of the largest Credit Unions in California, has been named by the San Francisco Chronicle/Hearst Media a top Workplaces for 2024, ranking 13th of the region\’s top midsize companies (150-499 employees). \”We are extremely honored to be listed—for the sixth year in a row—as a Bay Area top workplace,\” said LeeAnne Giblin, KeyPoint\’s Chief Administrative Officer. \”This honor is a testament to our innovative environment that enables employees to be creative in approaching their responsibilities and consistently able to make improvements that to help Members thrive financially throughout […] - [SECU Foundation Supports Disaster Preparedness with $250,000 Contribution to Feeding the Carolinas](https://thecreditunionconnection.com/secu-foundation-supports-disaster-preparedness-with-250000-contribution-to-feeding-the-carolinas/): Holding check left to right are SECU Foundation Board members Mona Moon and Barbara Perkins; SECU Foundation Executive Director Jama Campbell; and Food Bank of Central and Eastern North Carolina Chief Development Officer Melissa Hartzell surrounded by local SECU branch leaders attending food bank volunteer event. SECU Foundation has awarded a $250,000 grant to Feeding the Carolinas (FTC) for the non-profit’s disaster preparedness efforts in North Carolina. Funds will help equip the organization to readily deliver food and other essential supplies to individuals and communities impacted by disasters. Feeding the Carolinas serves all 100 North Carolina counties through a network […] - [I Love My Credit Union Day Shines in 2024](https://thecreditunionconnection.com/i-love-my-credit-union-day-shines-in-2024/): The annual #ILoveMyCreditUnion campaign once again proved to be a resounding success, demonstrating the power of the credit union movement to come together for a common cause. This year’s campaign saw unprecedented participation from credit unions across the globe, reaching millions and making a significant impact on communities. The 2024 campaign featured credit union participation from an impressive 15 countries and all 50 U.S. states, with a total of 1080 organizations joining the movement. Through collective efforts, the campaign reached over 4 million people and engaged 500 thousand individuals in celebrating the credit union difference. A cornerstone of this year’s […] - [PenFed Foundation Raises Over $1 Million for Veterans and Military Community at 21st Annual Military Heroes Golf Classic](https://thecreditunionconnection.com/penfed-foundation-raises-over-1-million-for-veterans-and-military-community-at-21st-annual-military-heroes-golf-classic/): Tee times began with America\’s best skydiving special operations warriors parachuting onto the course in remembrance of 9/11. The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, joined community and business leaders to raise over $1 million to support veterans and the military community at the 21st annual Military Heroes Golf Classic on Monday, September 9. \”Freedom isn\’t free. Over 248 years, the brave servicemembers of America\’s Armed Forces have fought 12 wars to defend our freedom,\” said James Schenck, President/CEO of PenFed Credit Union and CEO of the PenFed Foundation. \”The success of our tournament enables us to continue taking […] - [Alloya’s Leadership Symposium Celebrates its Tenth Year in Nashville](https://thecreditunionconnection.com/alloyas-leadership-symposium-celebrates-its-tenth-year-in-nashville/): Alloya Corporate Federal Credit Union proudly celebrated the tenth anniversary of its Credit Union Leadership Symposium in Nashville, Tennessee last week, with a record showing of 268 professionals representing 164 credit unions and 26 states. “We feel such gratitude for the tremendous support we have received from our credit union attendees over the last 10 years of the Leadership Symposium, and this year especially,” reflected Tim Bruculere, Senior Vice President of Membership at Alloya. “That support is what enables us to continue building on the event to make it better and better every year, and we look forward to continuing […] - [TopLine Financial Credit Union Receives Three Twin Cities Business 2024 Reader\'s Choice Awards](https://thecreditunionconnection.com/topline-financial-credit-union-receives-three-twin-cities-business-2024-readers-choice-awards-4/): TopLine honored with “Gold” for Credit Union & Mortgage Lender and “Bronze” for Wealth Management Firm categories TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been named the Best Credit Union and Mortgage Lender and finalist for Wealth Management Firm in Minnesota by Twin Cities Business 2024 Best of Business Reader\’s Choice Poll. Twin Cities Business conducts an annual survey of their readers asking \”Which companies exemplify true excellence in their respective industries and would they confidently refer to a family member, friend or colleague?” and published results in its August/September issue and online. The communities the credit union […] - [TopLine Financial Credit Union Receives Three Twin Cities Business 2024 Reader\'s Choice Awards](https://thecreditunionconnection.com/topline-financial-credit-union-receives-three-twin-cities-business-2024-readers-choice-awards-3/): TopLine honored with “Gold” for Credit Union & Mortgage Lender and “Bronze” for Wealth Management Firm categories TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been named the Best Credit Union and Mortgage Lender and finalist for Wealth Management Firm in Minnesota by Twin Cities Business 2024 Best of Business Reader\’s Choice Poll. Twin Cities Business conducts an annual survey of their readers asking \”Which companies exemplify true excellence in their respective industries and would they confidently refer to a family member, friend or colleague?” and published results in its August/September issue and online. The communities the credit union […] - [TopLine Financial Credit Union Receives Three Twin Cities Business 2024 Reader\'s Choice Awards](https://thecreditunionconnection.com/topline-financial-credit-union-receives-three-twin-cities-business-2024-readers-choice-awards-2/): TopLine honored with “Gold” for Credit Union & Mortgage Lender and “Bronze” for Wealth Management Firm categories TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been named the Best Credit Union and Mortgage Lender and finalist for Wealth Management Firm in Minnesota by Twin Cities Business 2024 Best of Business Reader\’s Choice Poll. Twin Cities Business conducts an annual survey of their readers asking \”Which companies exemplify true excellence in their respective industries and would they confidently refer to a family member, friend or colleague?” and published results in its August/September issue and online. The communities the credit union […] - [TopLine Financial Credit Union Receives Three Twin Cities Business 2024 Reader\'s Choice Awards](https://thecreditunionconnection.com/topline-financial-credit-union-receives-three-twin-cities-business-2024-readers-choice-awards/): TopLine honored with “Gold” for Credit Union & Mortgage Lender and “Bronze” for Wealth Management Firm categories TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been named the Best Credit Union and Mortgage Lender and finalist for Wealth Management Firm in Minnesota by Twin Cities Business 2024 Best of Business Reader\’s Choice Poll. Twin Cities Business conducts an annual survey of their readers asking \”Which companies exemplify true excellence in their respective industries and would they confidently refer to a family member, friend or colleague?” and published results in its August/September issue and online. The communities the credit union […] - [TBA Credit Union Introduces Innovative Video Chat Service](https://thecreditunionconnection.com/tba-credit-union-introduces-innovative-video-chat-service/): TBA Credit Union (TBACU) has launched two new services, Video Chat and Video Appointments. Both services can be accessed online through the TBACU website, tbacu.com. With the addition of these services, TBACU will provide an easy, convenient, and personal way for TBACU Members and non-members to connect with the TBACU Lending and Membership Specialists. Both video services are designed to offer real-time, face-to-face assistance to members or non-members when they cannot be present at a branch location. From home, at work, or on the go, visit tbacu.com to enjoy service from anywhere. \”We are excited to connect with our members […] - [First Community Trust Announces Partnership With Newton-Based Advantage Credit Union](https://thecreditunionconnection.com/first-community-trust-announces-partnership-with-newton-based-advantage-credit-union/): First Community Trust, N.A. (FCT), a nationally chartered trust company, has announced a new partnership with Advantage Credit Union. This collaboration aims to provide investment management, retirement planning, and trust services to a broader range of central Iowans. FCT offers a range of services, including investment and retirement planning, financial and estate planning, primarily through credit unions, along with trust and estate administration. “Advantage Credit Union is excited to partner with FCT and expand services to our membership,” said ACU CEO Leslie Brickman. “We continue to strive to be a full-service credit union for our members and this partnership is […] - [UMassFive Donates Thousands of Personal Care Items to Local Survival Centers](https://thecreditunionconnection.com/umassfive-donates-thousands-of-personal-care-items-to-local-survival-centers/): UMassFive College Federal Credit Union (UMassFive) is thrilled to announce the success of its personal care items drive, which was held during the summer in its Hadley, Northampton, and Springfield branches. The drive collected thousands of personal care items, which were donated to three local organizations: Amherst Survival Center, Northampton Survival Center, and The Gray House in Springfield.   UMassFive is committed to supporting the communities it serves, and the personal care items drive was just one example of its ongoing efforts to give back. Members and staff at all three branches enthusiastically participated in the drive, donating a wide variety […] - [DCUC Letter to U.S. Senate Finance Committee Opposing Threats to Credit Union Tax-Exempt Status](https://thecreditunionconnection.com/dcuc-letter-to-us-senate-finance-committee-opposing-threats-to-credit-union-tax-exempt-status/): On Monday, September 9, 2024, the Defense Credit Union Council (DCUC) sent a letter to the U.S. Senate Committee on Finance ahead of the upcoming hearing titled “The 2025 Tax Policy Debate and Tax Avoidance Strategies,” scheduled for September 12, 2024. Addressed to the Honorable Ron Wyden (D-OR), Chairman, and the Honorable Mike Crapo (R-ID), Ranking Member, DCUC’s letter voiced it’s strong opposition to any policy proposals that would jeopardize the longstanding tax-exempt status of credit unions. In its letter, DCUC emphasized that credit unions’ nonprofit, tax-exempt status reflects their member-centric mission and distinct role in the financial services landscape. […] - [Wescom Credit Union Opens Knott’s Berry Farm Branch](https://thecreditunionconnection.com/wescom-credit-union-opens-knotts-berry-farm-branch/): Wescom, one of the largest community credit unions in California, has officially opened its Knott’s Berry Farm Branch, conveniently located in Knott’s California Marketplace, just steps away from the main gate of the theme park in Buena Park. “Last year we announced our strategic partnership with Knott’s as their Official Banking Partner and opening our newest Wescom branch adjacent to the theme park really brings this partnership to life,” stated Michael Cederbaum, Vice President, Partner Development at Wescom. “By opening this new branch we’re providing convenient, better banking services to Knott’s associates, season passholders, and park guests, as well as […] - [United Credit Union Unveils New Name](https://thecreditunionconnection.com/united-credit-union-unveils-new-name/): Vicinity Credit Union Vows to be Community Champions  Vicinity Credit Union, with a rich history of more than 90 years in service to the community,  announced its new name, formerly United Credit Union. The rebranding is a better reflection of its mission and  deep-rooted connections within neighborhoods in Cook County, Illinois.  “Vicinity represents our commitment to being at the heart of our community, close to our members, and integral  to their daily lives,” said CEO Mario Aguirre. “While our name has changed, our dedication to personal  relationships and community engagement remains steadfast. This evolution marks a significant milestone in our  […] - [California Credit Union Honored With 2024 Social Impact AwardFrom California and Nevada Credit Union Leagues](https://thecreditunionconnection.com/california-credit-union-honored-with-2024-social-impact-awardfrom-california-and-nevada-credit-union-leagues/): Award Recognizes Credit Unions That Demonstrate an Unyielding Dedication to Building Stronger Communities & Improving Members’ Lives California Credit Union has received the 2024 Social Impact Award from the California and Nevada Credit Union Leagues. The nationally recognized, peer-nominated award recognizes credit unions that have demonstrated an unyielding dedication to building stronger communities and improving members’ lives. \”We are truly honored to receive this prestigious award that recognizes our organization-wide commitment to investing in our local communities,” said California Credit Union President/CEO Steve O’Connell. “As a member-owned, not-for-profit financial cooperative, we are dedicated to our People Helping People mission to […] - [NCR Atleos Ranks #6 in IDC Fintech Rankings](https://thecreditunionconnection.com/ncr-atleos-ranks-6-in-idc-fintech-rankings/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has ranked #6 overall and the largest ATM company in the 2024 IDC FinTech Rankings Top 100. The IDC Fintech Rankings list features the technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. The ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services. These providers supply the technological backbone of the financial services […] - [Velera Named to IDC FinTech Rankings Top 25](https://thecreditunionconnection.com/velera-named-to-idc-fintech-rankings-top-25/): Company ranked No. 17 on elite list of worldwide financial technology providers Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is pleased to announce it was listed as a 2024 IDC FinTech Rankings Top 25 solution provider. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries. “It is an absolute honor to be included in the top ranks of financial technology companies worldwide that are dedicated to serving the financial services […] - [Where Are You Going?](https://thecreditunionconnection.com/where-are-you-going/): What are your credit union’s long and short-term strategies? Forget that. Let’s be agile and just concern ourselves with the current economic environment and a 2-3 year short-term strategy. Is there a strategy in place, or just a series of knee-jerk reactions to the market economy?  “We have to win the war on deposits!”  “We have to prepare for mass delinquencies!”  “What’s the Fed going to do?”  “Is the sky falling?”  You must be nimble and quickly adapt to environmental changes that immediately impact your credit union, but you also must look down the road and innovate for the future.  […] - [PAHO/WHO FCU Ranks 5th in American Banker’s Best Credit Union To Work For®](https://thecreditunionconnection.com/pahowho-fcu-ranks-5th-in-american-bankers-best-credit-union-to-work-for/): For the fourth consecutive year PAHO/WHO Federal Credit Union has been named one of the American Banker’s Best Credit Unions to Work For®. The Credit Union ranked 5th overall out of the 70 credit unions recognized nationwide. PAHO/WHO FCU was recognized for building out career paths for different roles across the organization to retain existing talent and to provide growth opportunities for professionals eager to develop. “We are once again honored by the recognition and are grateful for the support of our Board of Directors and the commitment of our employees,” said Miguel Boluda, Jr., CEO of PAHO/WHO FCU. “Our […] - [Leagues Announce Partnership with Credit Mountain, Clutch, and Carefull](https://thecreditunionconnection.com/leagues-announce-partnership-with-credit-mountain-clutch-and-carefull/): Uniquely Tailored Business-Partner Solutions for Credit Unions and Their Members The California and Nevada Credit Union Leagues, a leader in providing transformative solutions to member credit unions across both states, announced new business partnerships today with Credit Mountain, Clutch, and Carefull — three distinguished financial service providers that have a history of delivering innovative, trustworthy, and member-first solutions to credit union members. Staying true to the Leagues’ mission of powering credit unions with uniquely tailored approaches and strategic collaborations, each new partner has a proven track record of success in the financial services industry. They have consistently delivered exceptional credit […] - [Scienaptic CUSO Secures Strategic Investment from Credit Union Clients](https://thecreditunionconnection.com/scienaptic-cuso-secures-strategic-investment-from-credit-union-clients/): CUSO to Empower Credit Unions with AI for Enhanced Credit Access, Transparency, and Compliance Scienaptic AI announced that its Credit Union Service Organization (CUSO) has received strategic equity investments from six of its credit union clients. The CUSO is driven by a coalition of visionary credit unions—ELGA Credit Union, Wildfire Credit Union, 4Front Credit Union, CoVantage Credit Union, Credit Union of Colorado, and People Driven Credit Union—representing a presence across Michigan, Colorado, Wisconsin, and Northern Illinois. Becoming a CUSO underscores Scienaptic’s unwavering commitment to the credit union community and their guiding principle of \”people helping people.\” Through this initiative, credit […] - [AKUVO Enhances Collections Platform with Virtual Collector](https://thecreditunionconnection.com/akuvo-enhances-collections-platform-with-virtual-collector/): Self-curing add-on becomes standard feature AKUVO is thrilled to announce a significant enhancement to its Collections Platform. Effective immediately, Virtual Collector will be included in the platform’s inclusive pricing, without any additional subscription or implementation fees. “Those financial institutions that are using a third-party self-service collections provider are often doing so alongside their primary collections platform, requiring them to import and export accounts and data.” said Mark Price, AKUVO Chief Product Officer. “Virtual Collector is seamlessly integrated into the AKUVO Collections Platform, where communications, follow-ups, and activity can all be tracked and managed in real-time. This provides an unprecedented view […] - [OTIS FCU Partners with Spruce Mountain Pharmacy to Provide Free Supplies to Local Teachers](https://thecreditunionconnection.com/otis-fcu-partners-with-spruce-mountain-pharmacy-to-provide-free-supplies-to-local-teachers/): On Friday, August 23, OTIS Federal Credit Union hosted their second annual “Totes for Teachers” back-to-school event, giving away totes of supplies to teachers employed within the Credit Union’s field of membership. Teachers who stopped by were each given a plastic tote full of supplies ranging from pencils and notebooks to hand sanitizer and disinfecting wipes. In total, one hundred twenty-five totes were filled, with one hundred fourteen of them given out to individual educators this year, nearly doubling the results of last year’s in-branch event. Following the event, OTIS FCU employees and Spruce Mountain Pharmacy staff personally delivered the […] - [DCUC Urges Credit Unions to Support \"Clean\" FY2025 NDAA and Defend CU Tax Exemption Status](https://thecreditunionconnection.com/dcuc-urges-credit-unions-to-support-clean-fy2025-ndaa-and-defend-cu-tax-exemption-status-4/): Today, the Defense Credit Union Council (DCUC) called on its member credit unions to join its efforts in urging both houses of Congress to pass a \”clean\” FY2025 National Defense Authorization Act (NDAA) and protect the industry\’s current tax exemption status. The Council pointed to recent attempts to amend the NDAA by opening the Federal Credit Union Act (FCUA) to allow credit unions to accept non-member deposits. DCUC also highlighted its joint letter with America’s Credit Unions (ACU) sent to the Senate Armed Services Committee in June, which raised these concerns. In addition, DCUC noted its continued efforts in the weeks […] - [DCUC Urges Credit Unions to Support \"Clean\" FY2025 NDAA and Defend CU Tax Exemption Status](https://thecreditunionconnection.com/dcuc-urges-credit-unions-to-support-clean-fy2025-ndaa-and-defend-cu-tax-exemption-status-3/): Today, the Defense Credit Union Council (DCUC) called on its member credit unions to join its efforts in urging both houses of Congress to pass a \”clean\” FY2025 National Defense Authorization Act (NDAA) and protect the industry\’s current tax exemption status. The Council pointed to recent attempts to amend the NDAA by opening the Federal Credit Union Act (FCUA) to allow credit unions to accept non-member deposits. DCUC also highlighted its joint letter with America’s Credit Unions (ACU) sent to the Senate Armed Services Committee in June, which raised these concerns. In addition, DCUC noted its continued efforts in the weeks […] - [Firelands FCU Supports Local Fair Projects with $64,000 Donation](https://thecreditunionconnection.com/firelands-fcu-supports-local-fair-projects-with-64000-donation/): Every Summer, Firelands Federal Credit Union (Firelands FCU) attends local fairs to help support 4-H members who work tirelessly on their projects throughout the year. This fair season, Firelands FCU donated over $64,000 towards approximately 142 projects presented at the Attica Independent, Crawford County, Erie County, and Huron County Fair. Of those projects, 36 exhibitors had membership ties to Firelands FCU. Following each auction, all animal projects were donated back to the owners. \”Our local youth continue to inspire us with their hard work and determination,\” said Brett Montague, Firelands FCU’s President/CEO. \”We’re glad to be part of their journey […] - [4 Steps to Make Your Credit Union Overnight Investments Work for You](https://thecreditunionconnection.com/4-steps-to-make-your-credit-union-overnight-investments-work-for-you/): David Savoie, CEO, LaCorp Managing a credit union’s finances is an ongoing and complex job; your overnight investments might not always be top of mind. Leaving overnight funds on autopilot can be easy, but it’s not the best idea.  With overnight rates holding steady following the latest FOMC rate actions – although this is expected to change in a few weeks – and credit union liquidity remaining tight, now is the perfect time to take a closer look at your overnight investment strategy. You can potentially boost your income and enhance your credit union’s financial health with a few simple […] - [LSCU, SECUF Stand Alongside Credit Unions During Aftermath of Hurricane Helene](https://thecreditunionconnection.com/lscu-secuf-stand-alongside-credit-unions-during-aftermath-of-hurricane-helene/): Following Hurricane Helene’s landfall as a Category 4 storm on Thursday night, communities across Florida and Georgia are now facing the extensive devastation left in its path. With winds peaking at 140 MPH and significant flooding reported across these states, over 693,000 people remain without power. The League of Southeastern Credit Unions (LSCU) and the Southeastern Credit Union Foundation (SECUF) had been preparing for days ahead of Hurricane Helene, gathering critical resources in anticipation of the storm’s aftermath. As soon as conditions subsided, staff began delivering relief to support impacted credit unions, their staff, and communities. “Our hearts are with […] - [NCUA Prohibits Two Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-two-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution-1/): The National Credit Union Administration issued one consent and one prohibition notice in September 2024. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Consent Order: Monica Jackson, a former employee of Koin Credit Union, Brentwood, Tennessee Notice of Prohibition: Autumn S. Smith, a former employee of SecurityPlus Federal Credit Union, Baltimore, Maryland An Order of Prohibition prohibits a party from ever working for a federally insured depository institution. In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to […] - [Payments Education Abounds at Vizo Financial’s 2024 Virtual Payments Conference](https://thecreditunionconnection.com/payments-education-abounds-at-vizo-financials-2024-virtual-payments-conference/): Vizo Financial is bringing payments education front and center for credit unions during its virtual 2024 Payments Conference on November 5-6, 2024, which will feature expert speakers from a variety of payment-related organizations. “There’s a lot happening in the payments industry — from changes in wire processing and developments in instant payments to fraud concerns with all the different payment rails — there is no shortage of information credit unions need to be aware of,” said Jaime Agostino, VP of sales, marketing and education for Vizo Financial. “That’s why we knew we needed to include sessions that would provide attendees […] - [Atlantic Announces Jamie Mawhinney as Chief Operations Officer](https://thecreditunionconnection.com/atlantic-announces-jamie-mawhinney-as-chief-operations-officer/): Atlantic Federal Credit Union is pleased to announce the promotion of Jamie Mawhinney to Chief Operations Officer. In her new role, Jamie will oversee deposit operations, payments, and fraud and continue her current lending, loan servicing, and member solutions responsibilities. \”Jamie\’s comprehensive understanding of core financial operations, including deposits, loans, and collections, makes her the ideal candidate for this critical role,\” said Atlantic CEO/President, Scott Chretien. \”Through her twelve years with Atlantic, Jamie has demonstrated refined leadership skills. She has proven herself to be a determined and results-driven leader, earning the respect of her peers and the trust of our […] - [Jack Henry and Victor Offer Embedded Payments Platform for Regional and Community Financial Institutions to Better Support Business Customers](https://thecreditunionconnection.com/jack-henry-and-victor-offer-embedded-payments-platform-for-regional-and-community-financial-institutions-to-better-support-business-customers/): Jack Henry™ (Nasdaq: JKHY) announces the expansion of its collaboration with Victor Technologies, Inc., a subsidiary of MVB Edge Ventures, Inc. and part of MVB Bank, Inc. The companies launched an embedded-payments management platform to help Jack Henry\’s financial institution clients capitalize on Payments-as-a-Service (PaaS) market opportunities. MVB Bank, Dart Bank, and BayFirst National Bank are using the platform today. While many financial institutions are considering PaaS, only 3% currently offer the service. Early iterations of PaaS were challenged by insufficient accounting and audit controls. The Victor PaaS platform, built under the oversight of MVB Bank with financial institutions in mind, gives financial institutions […] - [Credit Unions Announce New Hires and Promotions, and Corporate Central Marketing Strategist Earns Digital Marketing Certifications](https://thecreditunionconnection.com/credit-unions-announce-new-hires-and-promotions-and-corporate-central-marketing-strategist-earns-digital-marketing-certifications/): Several credit unions have announced changes to their leadership teams, and Corporate Central Credit Union announced that one of their marketing strategists earned prestigious digital marketing certifications. New Hires Member Driven Technologies (MDT) announced the appointment of Bill Illis as its new VP of technical operations. Bill brings over 20 years of leadership and large enterprise experience, having served in a director role with the Defense Health Agency. He is a returning team member to MDT; Bill previously served as an IT project manager for the CUSO, helping lead core conversion projects, merger data conversions projects and ancillary product implementations for […] - [Travis Credit Union Launches Generation Wealth at Benicia High School](https://thecreditunionconnection.com/travis-credit-union-launches-generation-wealth-at-benicia-high-school/): Award-Winning Program Instills the Importance of Personal Finance Skills Travis Credit Union (TCU) unveiled Generation Wealth, its newly refreshed and rebranded award-winning, interactive youth financial education initiative, today at Benicia High School. Formerly known as Mad City Money, more than 13,000 students have attended the TCU program since its inception in 2009. Generation Wealth is aimed at empowering students with essential skills for successful money management throughout their lives. Through immersive scenarios, participants are tasked with navigating real-life situations that include jobs, salaries, bills, families, and credit scores, giving them a practical understanding of budgeting, saving, and financial decision-making. “Wealth […] - [In The Cellar Raises Over $1.1m For Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/in-the-cellar-raises-over-11m-for-childrens-miracle-network-hospitals/): In the Cellar’s Second Year Surpasses the $925K Raised in 2023, with a Record-Breaking Night at Chicago’s Union Station. In a spectacular display of community spirit and generosity, the second annual In the Cellar, held at Chicago’s historic Union Station, raised over $1,108,020 million for Children’s Miracle Network Hospitals. The event took place on Friday, September 20th, and brought together over 400 credit union industry leaders dedicated to improving the lives of children. The evening was filled with live entertainment and inspiring stories from families and healthcare professionals whose lives have been transformed through the care provided by Children’s Miracle […] - [81 CDFI CU Grants Push CU Strategic Planning Clients’ Total to Over $1 Billion](https://thecreditunionconnection.com/81-cdfi-cu-grants-push-cu-strategic-planning-clients-total-to-over-1-billion/): When the Community Development Financial Institutions (CDFI) Fund announced its combined FY 2023 and 2024 Financial Assistance (FA) Awards and Native American CDFI Assistance (NACA) Awards today, 81 credit unions working with the CU Strategic Planning were awarded more than $72 million. This accounts for 60% of FA awards granted to credit unions in this round and pushes CU Strategic Planning’s award results for credit unions to more than $1 billion. Founded in 2008, CU Strategic Planning has been a defining influence on the credit union CDFI sector. This award announcement comes the same week as the 30th anniversary of […] - [evolve FCU | Social Purpose community outreach event Kids Day at the Zoo 2024](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-kids-day-at-the-zoo-2024/): evolve FCU hosted its third Social Purpose event of 2024. Kids Day at the Zoo was held on Saturday, September 21, 2024, where local children’s organizations from the community were invited to spend the day at the El Paso Zoo. Organizations included, Make-A-Wish North Texas, Child Crisis Center, Big Brothers Big Sisters of El Paso, Center Against Sexual & Family Violence, El Paso Children’s Miracle Network, Lee & Beulah Moor Children’s Home and Candlelighters. The event featured a private area at the pavilion where the children and families enjoyed food, an animal show, a special view to the zebras area […] - [Get Ready for the Annual Credit Union Diversity Self-Assessment Open Season Begins October 1, 2024](https://thecreditunionconnection.com/get-ready-for-the-annual-credit-union-diversity-self-assessment-open-season-begins-october-1-2024/): On October 1, 2024, the NCUA will extend its annual invitation to credit unions to conduct a voluntary diversity self-assessment. This year, the diversity self-assessment will be administered through a 3rd party vendor, Optimal Solutions Group LLC, to provide complete separation from the examination and supervision programs. Optimal Solutions Group will administer the self-assessment, collect all responses, and provide an aggregated report to the NCUA. The vendor will provide all technical support during the process. The agency uses credit unions’ responses to help identify successful diversity policies and programs and to guide the development of technical assistance, guidance, and resources […] - [CDFI Fund Announces FY 2024 CDFI Program and NACA Program Financial Assistance Awards](https://thecreditunionconnection.com/cdfi-fund-announces-fy-2024-cdfi-program-and-naca-program-financial-assistance-awards/): Program Awards More Than $408 Million to Spark Economic Opportunity in Distressed and Underserved Communities  The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) today awarded 357 Community Development Financial Institutions (CDFIs) with $408.2 million in Financial Assistance (FA) awards to provide financial services and products for low-income and underserved individuals and communities across America. The awards were made through the fiscal year (FY) 2024 funding round of the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program), which consists of funding provided under the Consolidated Appropriations Act, 2023 (Pub. […] - [Alkami Receives the Banking Partner of Excellence Award](https://thecreditunionconnection.com/alkami-receives-the-banking-partner-of-excellence-award/): The recognition follows the recent J.D. Power certification for the TechFin’s Mobile Banking Platform Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., was honored with the Banking Partner of Excellence™ Award at the 9th Annual Best Banks in America™ Super Conference hosted by the Institute for Extraordinary Banking™. The award winners were nominated by several of the most revered and elite performing banks in the country and voted on by a panel of industry-expert judges.   The Banking Partner of Excellence™ Award recognizes Alkami for its exceptional service and innovation, […] - [Habitat for Humanity works with Local Credit Unions to Build Fifth House that Credit Unions Built](https://thecreditunionconnection.com/habitat-for-humanity-works-with-local-credit-unions-to-build-fifth-house-that-credit-unions-built/): An executive assistant with Austin Independent School District will soon be the owner of the House that Credit Unions Built, a collaborative building project with Habitat for Humanity. Four Austin-based credit unions and the Austin Chapter of Credit Unions have once again joined forces to underwrite the building of a new home for a qualified low-income buyer. These credit unions are collectively contributing $100,000 toward the construction cost, along with 1,440 of volunteer hours from 180 different employees to assist with the construction work. From the initial wall raising, which took place Sept. 12, through the end of November employees from […] - [Credit Unions Throughout New Jersey Come Together to Launch the NJ Credit Unions Food Cooperative](https://thecreditunionconnection.com/credit-unions-throughout-new-jersey-come-together-to-launch-the-nj-credit-unions-food-cooperative/): Affinity, EdiFi, and First Harvest Credit Unions Lead Food Drive Initiative for New Jersey Credit Unions First Harvest Credit Union (“First Harvest”), Affinity Federal Credit Union (“Affinity”), and EdiFi Credit Union (“EdiFi”) have come together to launch the New Jersey Credit Unions Food Cooperative and have engaged 27 New Jersey credit unions to participate in the initiative and help address the growing hunger crisis in New Jersey. All participating credit unions and their select branches will serve as collection locations, allowing for broader geographic coverage across New Jersey, which will support dozens of food pantries and organizations throughout the state. […] - [Origence and Catalyst Bring Faster Payments to Credit Union Indirect Lending](https://thecreditunionconnection.com/origence-and-catalyst-bring-faster-payments-to-credit-union-indirect-lending/): Origence, the leading lending technology solutions provider for credit unions, has partnered with Catalyst to deliver enhanced payment capabilities through the FedNow® Service. Credit unions leveraging Origence’s subsidiary, FI Connect, can now utilize the FedNow Service via Catalyst, enabling instant loan funding and significantly accelerating transaction speed and efficiency. The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve in 2023 that allows eligible depository institutions across the U.S. to provide instant payment services. Beginning this September, through the partnership, Origence’s participating FI Connect credit unions will use the FedNow service through Catalyst to fund loans […] - [Texas Trust Backpack Campaign Wins MAC Award](https://thecreditunionconnection.com/texas-trust-backpack-campaign-wins-mac-award/): The Texas Trust Credit Union back to school backpack giveaway has been a huge hit for parents, students and the industry. The campaign picked up a third award, this time from the Marketing Association for Credit Unions, or MAC. National studies indicate that parents spend more than $100 per child on back-to-school supplies. This can create a significant financial burden for parents with multiple children and single parents. Texas Trust filled 2,200 backpacks with routine school supplies and gave them away to parents with school-aged children.  “The credit union also hid $250 in one backpack as an extra surprise. It […] - [Day Air Host Member Appreciation Event at Day Air Ballpark ](https://thecreditunionconnection.com/day-air-host-member-appreciation-event-at-day-air-ballparknbsp/): Day Air Credit Union proudly hosted a unique Member Appreciation Event on Sunday, September 22nd, at Day Air Ballpark. More than 2,000 members gathered to enjoy a day filled with entertainment, family fun, and exclusive opportunities to connect with the organization’s leadership.  The event featured NFL football games displayed on the ballpark\’s jumbo screen, carnival games, bounce houses for children, and a variety of raffle prizes, including a grand prize giveaway. Members also had  the unique opportunity to meet with executives from Day Air Credit Union—an experience only made  possible through the community-focused nature of a local financial institution.  Day Air Credit Union, headquartered in the Miami Valley, […] - [Venezuelan Youths Participating in Economic Inclusion Project Earn Nearly Four Times More than Peers](https://thecreditunionconnection.com/venezuelan-youths-participating-in-economic-inclusion-project-earn-nearly-four-times-more-than-peers/): Study on the integration of migrants and refugees in Peru and Ecuador also shows Venezuelan women earning more than those not enrolled in EIP Young Venezuelan refugee and migrant adults are seeing greater financial benefits than any other age group participating in the USAID/WOCCU Economic Inclusion Project (EIP), according to results from EIP’s Study on the Integration of Venezuelan Migrants and Refugees in Peru and Ecuador. Oscar Guzman presents results of the Economic Integration Study The study found that while all program beneficiaries saw higher levels of income than non-EIP participants in Peru and Ecuador, Venezuelan adults aged 18 to […] - [Piedmont Advantage Credit Union marks 75 years of service with special recognitions and a vision for the future](https://thecreditunionconnection.com/piedmont-advantage-credit-union-marks-75-years-of-service-with-special-recognitions-and-a-vision-for-the-future/): Piedmont Advantage Credit Union (PACU) celebrated its 75th Annual Membership Meeting on Tuesday, commemorating its long history of service while outlining a vision for future growth. President & CEO Dion Williams, Chairman of the Board Tom Mekis and special guest Kristina Ray from the North Carolina Credit Union Division delivered inspiring remarks emphasizing PACU\’s unwavering support for its members and the communities it serves. Headquartered in Winston-Salem, PACU also received special recognition from Winston-Salem Mayor Allen Joines, who presented a proclamation declaring, \”From this day forward, each year, the tenth day of December, the official date of Piedmont Advantage Credit […] - [Sandia Laboratory Federal Credit Union (SLFCU) Makes A Record Leadership Gift to the UNM Lobo Alliance](https://thecreditunionconnection.com/sandia-laboratory-federal-credit-union-slfcu-makes-a-record-leadership-gift-to-the-unm-lobo-alliance/): SLFCU becomes the first corporate partner of the Lobo Alliance as part of a multi-year agreement to support the Lobo Alliance’s goal of enhancing and amplifying the student-athlete experience. The University of New Mexico athletic department announced the largest-of-its-kind gift from Sandia Laboratory Federal Credit Union (SLFCU) supporting the Lobo Alliance. The multi-year donation and partnership will help realize the Lobo Alliance collective\’s goals and provide new resources to UNM student-athletes. The Lobo Alliance promotes stronger connection and alignment between 505 Sports Venture Foundation (505SVF), the Lobo Club, and Lobo Athletics. This combined group aims to enhance and amplify the […] - [Community First Credit Union Partners with TruStage™ Payment Guard Insurance to Enhance Indirect Auto Lending](https://thecreditunionconnection.com/community-first-credit-union-partners-with-trustage-payment-guard-insurance-to-enhance-indirect-auto-lending/): Innovative embedded insurance strategy offers enhanced protection for the credit union\’s indirect auto lending Committed to safeguarding its members in their times of need, Santa Rosa, Calif.-based Community First Credit Union announced today it has partnered with TruStageTM, a financially strong insurance, investment and technology provider, to integrate its Payment Guard embedded insurance strategy into the credit union’s indirect auto loan channel. With the implementation of this innovative strategy, its members could be protected during disruptive life events, such as involuntary job loss or disability. Founded over 60 years ago and recently voted \”Best Credit Union\” by NorthBay biz, CFCU […] - [Vizo Financial’s 2024 Financial Conference Receives Rave Reviews ](https://thecreditunionconnection.com/vizo-financials-2024-financial-conference-receives-rave-reviewsnbsp/): Vizo Financial’s 2024 Financial Conference had record-breaking attendance, receiving glowing reviews from those who attended. On September 11-13, Vizo Financial set a record for the number of credit union attendees joining them at the Omni Grove Park Inn in Asheville, N.C. for educational sessions presented by industry experts and plenty of opportunities to network with their peers. The conference hosted speakers from a variety of renowned financial and credit union-industry organizations, including: Will Compernolle, FHN Financial Conrad DeQuadros, Brean Capital, LLC Matt Harris, Hilltop Securities Inc. Scott Huffmon, Winthrop University Kirk Malmberg, FHLB Atlanta John Murnane, Doeren Mayhew Frank Santucci, […] - [Climb Credit Union Wins Gold at MUSE Creative Awards for Innovative Website Design](https://thecreditunionconnection.com/climb-credit-union-wins-gold-at-muse-creative-awards-for-innovative-website-design/): Climb Credit Union, formerly Sooper Credit Union, is thrilled to announce that it has been honored as a Gold Winner at the prestigious MUSE Creative Awards for its innovative website redesign. This award celebrates Climb’s commitment to delivering an exceptional digital experience for its members, marking a significant achievement in the credit union’s rebranding efforts. As part of its transition from Sooper Credit Union, Climb Credit Union partnered with LKCS to create a bold and vibrant online presence that reflected its new brand identity. Featuring a fresh color scheme and revamped branding guidelines, the goal was to offer members a […] - [NCUA’s Proposed Rule on Mandated Succession Plans Sparks Conversation around Best Practices for Leadership Continuity](https://thecreditunionconnection.com/ncuas-proposed-rule-on-mandated-succession-plans-sparks-conversation-around-best-practices-for-leadership-continuity/): John Pesh, Director, TruStage After years of promising to do so, the NCUA is attempting to permanently elevate succession planning in the minds of credit union leadership. Whereas examiners have long encouraged credit unions to form such plans, a new proposed rule attempts to mandate and prescribe them.  According to the NCUA, the move is driven in large part by the long-running trend of consolidation. The regulator’s analysis indicated that poor succession planning was either a primary or secondary reason for 32% of the federally insured credit union mergers considered. Whether or not the entirety of the proposed rule becomes […] - [The Impact of Compensation Philosophy in The Credit Union Industry](https://thecreditunionconnection.com/the-impact-of-compensation-philosophy-in-the-credit-union-industry/): J.P. O’Connor, Senior Compensation Consultant, PARC Compensation Consulting  A well-crafted executive compensation philosophy in the credit union industry shapes leadership behavior, reinforces organizational culture and drives long-term performance and sustainability. While specific policies govern pay-setting, the compensation philosophy establishes the principles guiding these policies. It defines the broader goals, such as fairness, transparency and alignment with the credit union’s mission and values, which then influence how policies are developed.  Beyond influencing internal practices, these philosophies also impact the credit union community. Larger credit unions, driven by the need to compete with banks for top talent, often adopt more comprehensive pay […] - [Delta Community Credit Union Mourns the Passing Of Chairman James (Jim) J. Diffley](https://thecreditunionconnection.com/delta-community-credit-union-mourns-the-passing-of-chairman-james-jim-j-diffley/): Diffley\’s Exemplary Life of Leadership and Service Includes More than 60 Years of Board and Committee Support Delta Community Credit Union is saddened to announce the passing of Jim Diffley, its longtime Chairman of the Board of Directors and a widely respected credit union advocate. Diffley died on Sept. 22 in Mt. Pleasant, South Carolina at the age of 90 and surrounded by family. Diffley\’s service to Delta Community spanned 62 continuous years. While employed with Delta Air Lines, he joined the Credit Committee of Delta Employees Credit Union in 1962 and volunteered on the committee until 1983 when he was named to […] - [Envisant and Curql Fund II Gain Momentum with $2 Million Secured in Early Commitments](https://thecreditunionconnection.com/envisant-and-curql-fund-ii-gain-momentum-with-2-million-secured-in-early-commitments/): Envisant, a leading credit union service organization (CUSO), is pleased to announce its first collaborative investment in Curql Fund II, a venture fund focused on supporting fintechs and accelerating digital transformation in the credit union industry.  Twelve credit unions have made CUSO investments in Envisant ranging from $100,000 to $500,000, which have been aggregated into a single $2 million commitment to Curql. “We\’re thrilled with the response to our program for credit unions to engage in Curql Fund through an investment in Envisant,” said CEO Tom Kane. “This first group of investors demonstrates the strong interest in engaging with Curql […] - [Velera’s TriVerity Appoints David Knowles as President](https://thecreditunionconnection.com/veleras-triverity-appoints-david-knowles-as-president/): TriVerity, a Velera company, today announced David Knowles has been named president. In his role, Knowles will oversee the delivery of services, contracting, digital integration, marketing, IT, support and more within TriVerity. Knowles will also lead disputes and operations for Velera. “We are pleased to have David step into the role as president of TriVerity, bringing with him both an extensive and diverse background in advisory consulting and multinational banking,” said Velera EVP, Chief Operations Officer Dean Michaels. “As a leader with a proven track record of optimizing organizations for efficiency and growth, we are confident he is the right […] - [SchoolsFirst Federal Credit Union Named ‘Best Credit Union’ in the Inland Empire](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-named-best-credit-union-in-the-inland-empire/): Riverside Press-Enterprise readers recognize SchoolsFirst FCU as best credit union in annual Readers’ Choice Awards SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has been named the “Best Credit Union” in the Inland Empire by readers of the Riverside Press-Enterprise in the newspaper’s annual Best of Inland Empire Readers’ Choice Awards announced August 25. The recognition for SchoolsFirst FCU was part of the “Hometown Favorites” section of the special magazine issue honoring award winners. According to editors at the Riverside Press-Enterprise, “This prestigious award is a testament to the exceptional service, quality, and dedication […] - [Rapid Finance and Gestalt Tech Announce Strategic Integration to Enhance SMB Lending Capabilities](https://thecreditunionconnection.com/rapid-finance-and-gestalt-tech-announce-strategic-integration-to-enhance-smb-lending-capabilities/): Rapid Finance, a leading small business financing platform specializing in providing customized financing solutions, announced its new partnership with Texas-based Gestalt Tech, a provider of a cutting-edge data warehouse solution designed for financial institutions. Through this partnership, lenders using Gestalt can seamlessly integrate with Rapid’s small business lending automation solution, Decisioneer. Additionally, they will be able to use Lynx fraud detection to get insights on their data in Gestalt. Through this systems integration, lenders can gain a holistic and real-time view of applicants through a frictionless, fully automated loan application and origination process that leads to faster and better-informed lending […] - [CFPB Report Highlights Challenges Facing Service members and Veterans with Student Loans](https://thecreditunionconnection.com/cfpb-report-highlights-challenges-facing-service-members-and-veterans-with-student-loans/): Annual report also identifies an increase in complaints about all financial products, including from older veterans targeted by scams and fraud Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing servicemembers, veterans, and military families. The report finds that active duty and veteran students are encountering many financial challenges, including difficulties getting help from student loan servicers and transcript withholding by colleges and universities as a means to collect a debt or disputed fees. The report also identifies problems experienced by the military community with other financial products, such as an increase […] - [Crystal Boyer Promoted to Chief Customer Officer at Plinqit](https://thecreditunionconnection.com/crystal-boyer-promoted-to-chief-customer-officer-at-plinqit/): Plinqit continues to expand leadership team, appointing Crystal Boyer as Chief Customer Officer to further enhance customer success Plinqit, an award-winning provider of high-yield and automated savings software solutions that enable financial institutions to grow deposits, attract new customers and expand their retail footprint, is proud to announce the promotion of Crystal Boyer to Chief Customer Officer (CCO). In her new role, Boyer will lead Plinqit’s efforts to enhance customer success, drive satisfaction, and ensure alignment across all customer-facing teams. Boyer will focus on creating strategic initiatives that enhance customer experiences, align organizational goals with customer outcomes, and innovate how […] - [PenAir Fosters Community Support for Local Cancer Patients with Snack Collection ](https://thecreditunionconnection.com/penair-fosters-community-support-for-local-cancer-patients-with-snack-collectionnbsp/): PenAir Credit Union (PenAir), recognized by Newsweek as one of America’s Best Regional Banks and Credit Unions in 2024, today announced that its second annual Snack Stock, a community-wide snack collection drive to benefit Ascension Sacred Heart Cancer Centers, will begin accepting snack donations from the community, including members and non-members, on October 2. The drive will supply the cancer center’s snack cabinet with individually wrapped items for cancer patients and their families to enjoy while in the waiting room, treatment areas, or at routine appointments. “PenAir is committed to providing comfort and support to local individuals and their families […] - [MANTL Announces Business Deposit Origination for Credit Unions](https://thecreditunionconnection.com/mantl-announces-business-deposit-origination-for-credit-unions/): A development partner cohort of 10 credit unions collaborated with MANTL to streamline business account opening and deepen relationships with businesses and their communities MANTL, a leading provider of account origination solutions, today announces MANTL Business Deposit Origination for credit unions. Leveraging the same modern infrastructure that transformed consumer account opening for credit unions, MANTL’s streamlined business account opening platform enables credit unions to efficiently grow, serve, and deepen relationships with businesses and their communities. MANTL Business Deposit Origination is purpose-built for credit unions to open business accounts, ranging from small and medium-sized businesses (SMB) to complex commercial businesses, in […] - [Infuze Credit Union Taps Pulsate for Enhanced Mobile-First Engagement and Targeted Marketing](https://thecreditunionconnection.com/infuze-credit-union-taps-pulsate-for-enhanced-mobile-first-engagement-and-targeted-marketing/): Pulsate’s integration within Q2 Digital Banking Platform equips Infuze CU to more effectively communicate with members via digital and mobile banking Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, announced today that Infuze Credit Union has selected Pulsate to transform how it communicates with members through the digital and mobile banking channels. As part of the Q2 Innovation Studio, Pulsate’s technology is integrated within the Q2 Digital Banking Platform, enabling Infuze CU with seamless access to Pulsate’s feature-rich platform. Prior to partnering with Pulsate, Infuze CU was limited […] - [Amount Unveils New SMB Lending and Deposit Account Opening Suite on Unified Platform](https://thecreditunionconnection.com/amount-unveils-new-smb-lending-and-deposit-account-opening-suite-on-unified-platform/): Amount, a leader in digital origination and decisioning technology, is excited to announce the launch of its latest innovation, the SMB Suite. This cutting-edge SaaS platform is designed to transform the way banks and credit unions manage small business lending and deposit account openings, addressing critical challenges faced by financial institutions today. The new SMB Suite, part of Amount’s flagship unified consumer & SMB digital origination system, delivers a comprehensive solution that addresses these pain points head-on, offering several key benefits: Comprehensive Lending Capabilities: The platform supports both secured and unsecured lending, providing financial institutions with the tools to handle […] - [H.I.G. Completes Sale of Velocity Solutions](https://thecreditunionconnection.com/hig-completes-sale-of-velocity-solutions/): H.I.G. Capital (\”H.I.G.\”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce the sale of its portfolio company Velocity Solutions (\”Velocity\” or the \”Company\”) to CSI, a leading provider of end-to-end financial software and technology solutions. Terms of the transaction were not disclosed. Founded in 1995, Velocity offers financial institutions best-in-class account acquisition, customer engagement, and retention solutions, as well as intelligent software for monitoring consumer liquidity through overdraft management. With a track record spanning nearly 30 years, Velocity currently services more than 30 million consumers and business owners. Through the Velocity […] - [Rochester-Based ESL Federal Credit Union Announces Acquisition of Generations Bank](https://thecreditunionconnection.com/rochester-based-esl-federal-credit-union-announces-acquisition-of-generations-bank/): ESL Federal Credit Union, Generations Bank and its parent company Generations Bancorp NY, Inc. (\”Generations Bancorp\” (Nasdaq: \”GBNY\”) and with Generations Bank, collectively \”Generations\”) announced today that they have entered into a definitive purchase and assumption agreement whereby ESL Federal Credit Union will acquire substantially all of the assets and liabilities (including the deposit account liabilities) of Generations Bank in an all cash transaction (\”the P&A Transaction\”). As consideration for the P&A Transaction, ESL Federal Credit Union will pay Generations $26.2 million in cash and Generations Bank will retain its equity at the effective time of the P&A Transaction, less […] - [America’s Credit Unions Endorses Ncontracts’ Ncomply Solution for Regulatory Compliance](https://thecreditunionconnection.com/americas-credit-unions-endorses-ncontracts-ncomply-solution-for-regulatory-compliance/): Ncomply is recognized as the go-to solution for streamlining regulatory compliance at credit unions Ncontracts announced today that its Ncomply solution has received an official endorsement from America’s Credit Unions. This relationship marks a significant step in helping credit unions navigate an increasingly complex regulatory environment. Ncomply, Ncontracts\’ comprehensive compliance management system, is now the recommended regulatory compliance management solution for America’s Credit Unions members nationwide. The web-based solution helps credit unions streamline their compliance processes with a centralized platform for researching, learning about, tracking, managing, and reporting on compliance to stay up to date with regulatory requirements and reduce […] - [PenFed Credit Union Chief Audit Executive Terry Grafenstine Named One of \'Top 50 Women in Accounting\' by Ignition](https://thecreditunionconnection.com/penfed-credit-union-chief-audit-executive-terry-grafenstine-named-one-of-top-50-women-in-accounting-by-ignition-4/): Women in Accounting awards celebrate inspiring women accountants who initiate change, inspire others and show leadership in community PenFed Credit Union announced its Executive Vice President and Chief Audit Executive Terry Grafenstine, was named to Ignition\’s \”Top 50 Women in Accounting\” list for 2024. The Women in Accounting awards honor inspiring women who serve as catalysts of change within the accounting and bookkeeping industry, advocating for innovation, diversity and inclusivity. The judging panel was made up of highly respected industry professionals with a broad range of experience, including business leaders, innovators, entrepreneurs, young professionals and Top 50 Alumni. This year, […] - [PenFed Credit Union Chief Audit Executive Terry Grafenstine Named One of \'Top 50 Women in Accounting\' by Ignition](https://thecreditunionconnection.com/penfed-credit-union-chief-audit-executive-terry-grafenstine-named-one-of-top-50-women-in-accounting-by-ignition-3/): Women in Accounting awards celebrate inspiring women accountants who initiate change, inspire others and show leadership in community PenFed Credit Union announced its Executive Vice President and Chief Audit Executive Terry Grafenstine, was named to Ignition\’s \”Top 50 Women in Accounting\” list for 2024. The Women in Accounting awards honor inspiring women who serve as catalysts of change within the accounting and bookkeeping industry, advocating for innovation, diversity and inclusivity. The judging panel was made up of highly respected industry professionals with a broad range of experience, including business leaders, innovators, entrepreneurs, young professionals and Top 50 Alumni. This year, […] - [PenFed Credit Union Chief Audit Executive Terry Grafenstine Named One of \'Top 50 Women in Accounting\' by Ignition](https://thecreditunionconnection.com/penfed-credit-union-chief-audit-executive-terry-grafenstine-named-one-of-top-50-women-in-accounting-by-ignition-2/): Women in Accounting awards celebrate inspiring women accountants who initiate change, inspire others and show leadership in community PenFed Credit Union announced its Executive Vice President and Chief Audit Executive Terry Grafenstine, was named to Ignition\’s \”Top 50 Women in Accounting\” list for 2024. The Women in Accounting awards honor inspiring women who serve as catalysts of change within the accounting and bookkeeping industry, advocating for innovation, diversity and inclusivity. The judging panel was made up of highly respected industry professionals with a broad range of experience, including business leaders, innovators, entrepreneurs, young professionals and Top 50 Alumni. This year, […] - [PenFed Credit Union Chief Audit Executive Terry Grafenstine Named One of \'Top 50 Women in Accounting\' by Ignition](https://thecreditunionconnection.com/penfed-credit-union-chief-audit-executive-terry-grafenstine-named-one-of-top-50-women-in-accounting-by-ignition/): Women in Accounting awards celebrate inspiring women accountants who initiate change, inspire others and show leadership in community PenFed Credit Union announced its Executive Vice President and Chief Audit Executive Terry Grafenstine, was named to Ignition\’s \”Top 50 Women in Accounting\” list for 2024. The Women in Accounting awards honor inspiring women who serve as catalysts of change within the accounting and bookkeeping industry, advocating for innovation, diversity and inclusivity. The judging panel was made up of highly respected industry professionals with a broad range of experience, including business leaders, innovators, entrepreneurs, young professionals and Top 50 Alumni. This year, […] - [Georgia United Credit Union Unveils State-of-the-Art Branch](https://thecreditunionconnection.com/georgia-united-credit-union-unveils-state-of-the-art-cumming-branch-enhancing-member-experience/): Featuring a contemporary design and layout that focuses on forging deeper connections with members, Georgia United Credit Union opened the doors today to its newly built, 3,000-square-foot Cumming full-service branch at 731 Atlanta Highway. Georgia United’s former Cumming branch at 312 Canton Highway closed at the end of the business day on Friday, September 20. The new branch is 2.5 miles from the old location.  The modern floorplan and workflow of the new branch mirror elements Georgia United has rolled out in other branches, redefining the in-person banking experience with a relaxing comfort zone, a beverage bar area, flexible office […] - [Reliant Credit Union Helps Make Dreams a Reality with Homebuyer Dream Program](https://thecreditunionconnection.com/reliant-credit-union-helps-make-dreams-a-reality-with-homebuyer-dream-program/): Reliant Credit Union is proud to share the inspiring story of one of our members who turned his dream of homeownership into reality through the Homebuyer Dream Program™ (HDP), a grant program through which first-time homebuyers can get up to $20,000 to use toward a down payment and closing costs. The Federal Home Loan Bank of New York (FHLBNY) allocates funds for the Homebuyer Dream Program to participating lenders like Reliant twice per year, and FHLBNY has just allocated an additional $120,000 to Reliant to use before November 29, 2024. With the additional funds, Reliant’s mortgage team is looking forward […] - [Global Credit Union Foundation Gives $55,000 to Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-gives-55000-to-local-nonprofits/): The Global Credit Union Foundation donated $55,000 to community nonprofits in Alaska, Arizona, and Washington. The recent donations were part of the Foundation’s 2024 quarterly distribution of funds in support of its mission to aid organizations that benefit children, veterans, and active-duty members of the military and their families. “The Global Credit Union Foundation is deeply committed to improving the communities we operate in,” said Noël Gabler, executive director, Global Credit Union Foundation. “The nonprofits we give to are vital to that mission, and we look forward to continue offering our support whenever we can.” Recipients of funds include: $10,000 […] - [Simplified CECL Tool Updated for September 2024](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-september-2024/): The National Credit Union Administration released the September 2024 update of its Simplified CECL Tool today. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors, and includes refinements on the factors for unsecured credit cards loans, payday alternative loans, and leases receivable. For credit unions currently using the Simplified CECL Tool, the September 2024 release is provided to determine the credit loss expense—or provision for credit losses—for the period that ends September 30, 2024. The Simplified CECL Tool was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans […] - [Federal Home Loan Bank of Dallas Awards $1 Million to Support Affordable Housing for Tribal Communities](https://thecreditunionconnection.com/federal-home-loan-bank-of-dallas-awards-1-million-to-support-affordable-housing-for-tribal-communities/): The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $1 million in funding to seven tribally designated housing entities (TDHEs) through its Native American Housing Opportunities (NAHO) Fund. FHLB Dallas introduced the NAHO Fund this year to address the housing needs of federally recognized tribes and TDHEs through grants of $50,000 to $150,000 per application. Eligible uses for the NAHO Fund grants range from down payment, closing cost and rental assistance to repairs and new construction. The program also provides grants for administrative and operational expenses such as new program development and consultant fees for TDHEs. “This fund reflects […] - [Patriot Federal Credit Union Live With Scienaptic\'s Fair & Compliant AI-driven Credit Underwriting Platform](https://thecreditunionconnection.com/patriot-federal-credit-union-live-with-scienaptics-fair-amp-compliant-ai-driven-credit-underwriting-platform-4/): 50%+ increase in auto loan instant auto-approvals over first 3 months; targeting total incremental automation of 25% within 6 months Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Patriot Federal Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic\’s AI platform. Founded on the principles of community […] - [Patriot Federal Credit Union Live With Scienaptic\'s Fair & Compliant AI-driven Credit Underwriting Platform](https://thecreditunionconnection.com/patriot-federal-credit-union-live-with-scienaptics-fair-amp-compliant-ai-driven-credit-underwriting-platform-3/): 50%+ increase in auto loan instant auto-approvals over first 3 months; targeting total incremental automation of 25% within 6 months Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Patriot Federal Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic\’s AI platform. Founded on the principles of community […] - [Patriot Federal Credit Union Live With Scienaptic\'s Fair & Compliant AI-driven Credit Underwriting Platform](https://thecreditunionconnection.com/patriot-federal-credit-union-live-with-scienaptics-fair-amp-compliant-ai-driven-credit-underwriting-platform-2/): 50%+ increase in auto loan instant auto-approvals over first 3 months; targeting total incremental automation of 25% within 6 months Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Patriot Federal Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic\’s AI platform. Founded on the principles of community […] - [Patriot Federal Credit Union Live With Scienaptic\'s Fair & Compliant AI-driven Credit Underwriting Platform](https://thecreditunionconnection.com/patriot-federal-credit-union-live-with-scienaptics-fair-amp-compliant-ai-driven-credit-underwriting-platform/): 50%+ increase in auto loan instant auto-approvals over first 3 months; targeting total incremental automation of 25% within 6 months Leading global AI-powered credit underwriting platform provider Scienaptic AI, announced today that Patriot Federal Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic\’s AI platform. Founded on the principles of community […] - [Texas Trust Gives Foundation Delivers $50,000 to Schools in Community Impact Grants](https://thecreditunionconnection.com/texas-trust-gives-foundation-delivers-50000-to-schools-in-community-impact-grants/): Helping students achieve success in and out of the classroom is the continued emphasis behind the Texas Trust Gives Foundation. The credit union foundation issued $50,000 to seven school districts supporting various initiatives to support students beyond the classroom. The Texas Trust Gives Foundation Community Grant allowed Arlington ISD to provide economically disadvantaged students with free backpacks full of essential school supplies. Most of the community impact grants were issued for district-wide programs supporting economically disadvantaged students and their families. First year recipient Cedar Hill ISD will use its grant to expand its Longhorn Care Closet, which it opened last […] - [Federman & Sherwood Investigates LA Financial Federal Credit Union (“LA Financial”) for Data Breach](https://thecreditunionconnection.com/federman-amp-sherwood-investigates-la-financial-federal-credit-union-la-financial-for-data-breach/): Federman & Sherwood investigates LA Financial Federal Credit Union (“LA Financial”) for data breach. On September 13, 2024, LA Financial filed a notice of data breach with the Attorney General’s Office of California after suspicious activity involving an employee’s email account. LA Financial launched an investigation into the incident determining certain individuals’ personal and sensitive information was acquired. LA Financial Credit Union offers a variety of financial services to its members. The type of information potentially exposed includes: Full name Social Security Number Other sensitive information - [Wyo Central Federal Credit Union to Merge with StagePoint Federal Credit Union](https://thecreditunionconnection.com/wyo-central-federal-credit-union-to-merge-with-stagepoint-federal-credit-union/): Wyo Central Federal Credit Union is pleased to announce that members have overwhelmingly approved the merger with StagePoint Federal Credit Union, effective 10/1/2024. This strategic merger will bring together the strengths of both institutions, enhancing service offerings and delivering greater value to members. The decision to merge follows careful consideration and extensive discussions between the boards of both credit unions. By combining resources and expertise, the credit union will be better positioned to meet the evolving needs of members, provide more competitive financial products, and expand its footprint in the community. Benefits to Members: Expanded Branch Network: Members will gain […] - [MAP UConference24 Welcomes 150 Attendees](https://thecreditunionconnection.com/map-uconference24-welcomes-150-attendees/): Member Access Processing (MAP), the leading provider of the Visa DPS Debit, Credit, ATM, and Digital Payment Processing platform to credit unions nationwide, welcomed 150 attendees representing 39 credit unions, and 15 partners and sponsors to UConference 2024.  This year’s theme, “The Road Forward” showcased MAP’s collective ambition and unwavering commitment to exceptional service and growth for its client credit unions. Held September 16- 18th at the Westin Bellevue in Washington, the annual conference delivered the opportunity for attendees to learn from industry experts and gain insights on the latest trends and innovations in payments, foster meaningful connections and collaborative […] - [CFPB Proposes Amendment to Remittance Transfer Rule](https://thecreditunionconnection.com/cfpb-proposes-amendment-to-remittance-transfer-rule/): Proposed changes will make it more efficient when consumers have questions Today, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule with a narrow amendment to disclosure requirements for certain international money transfers, or remittances. The proposed amendment would provide consumers clearer information about the types of inquiries that may be better handled by their remittance company before contacting the CFPB or the relevant state regulator. The Electronic Fund Transfer Act and Regulation E require remittance companies to give senders a disclosure at the time of payment, including on a receipt. This disclosure must include contact information for both […] - [Affinity Plus Foundation Continues to Expand Scholarship Program Throughout Minnesota](https://thecreditunionconnection.com/affinity-plus-foundation-continues-to-expand-scholarship-program-throughout-minnesota/): $80,000 in scholarships to 20 Minnesota students represents 30% program increase  Twenty students with a wide variety of backgrounds from across Minnesota earned a cumulative $80,000 in scholarships offered by the Affinity Plus Foundation, awarded this month. The amount given represents a 30% increase over the Foundation’s 2023 program. Grace Tobin, a scholarship recipient who studies Secondary Math Education at Mankato State, hopes to eventually become a teacher and a role model to the next generation.  “My dream is to be an inspiration to girls and other minorities to pursue STEM education,” Tobin said. \”Without a doubt, this scholarship will […] - [First Harvest Credit Union\'s Charitable Journey Program Begins Breast Cancer Awareness Fundraising](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-begins-breast-cancer-awareness-fundraising-4/): Donations Collected for the Cooper Foundation, with Proceeds Benefiting the MD Anderson Cancer Center at Cooper First Harvest Credit Union (“First Harvest”) employees are raising funds throughout October for Breast Cancer Awareness Month to support local research and breast cancer patients. Through First Harvest’s Charitable Journey program, employees and members can make a donation to purchase a pink ribbon, which can include their own personal message and will be displayed in First Harvest branch locations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In […] - [First Harvest Credit Union\'s Charitable Journey Program Begins Breast Cancer Awareness Fundraising](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-begins-breast-cancer-awareness-fundraising-3/): Donations Collected for the Cooper Foundation, with Proceeds Benefiting the MD Anderson Cancer Center at Cooper First Harvest Credit Union (“First Harvest”) employees are raising funds throughout October for Breast Cancer Awareness Month to support local research and breast cancer patients. Through First Harvest’s Charitable Journey program, employees and members can make a donation to purchase a pink ribbon, which can include their own personal message and will be displayed in First Harvest branch locations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In […] - [First Harvest Credit Union\'s Charitable Journey Program Begins Breast Cancer Awareness Fundraising](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-begins-breast-cancer-awareness-fundraising-2/): Donations Collected for the Cooper Foundation, with Proceeds Benefiting the MD Anderson Cancer Center at Cooper First Harvest Credit Union (“First Harvest”) employees are raising funds throughout October for Breast Cancer Awareness Month to support local research and breast cancer patients. Through First Harvest’s Charitable Journey program, employees and members can make a donation to purchase a pink ribbon, which can include their own personal message and will be displayed in First Harvest branch locations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In […] - [First Harvest Credit Union\'s Charitable Journey Program Begins Breast Cancer Awareness Fundraising](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-begins-breast-cancer-awareness-fundraising/): Donations Collected for the Cooper Foundation, with Proceeds Benefiting the MD Anderson Cancer Center at Cooper First Harvest Credit Union (“First Harvest”) employees are raising funds throughout October for Breast Cancer Awareness Month to support local research and breast cancer patients. Through First Harvest’s Charitable Journey program, employees and members can make a donation to purchase a pink ribbon, which can include their own personal message and will be displayed in First Harvest branch locations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In […] - [MiniBranch and CUWLA Announce Strategic Partnership to Empower Credit Unions Nationwide](https://thecreditunionconnection.com/minibranch-and-cuwla-announce-strategic-partnership-to-empower-credit-unions-nationwide/): MiniBranch, a leading provider of innovative financial solutions, is excited to announce a strategic partnership with the Credit Union Women’s Leadership Alliance (CUWLA). This partnership underscores MiniBranch’s unwavering commitment to ensuring that no credit union is left behind, while enhancing the value CUWLA provides to its members. Through this collaboration, CUWLA member credit unions will now have exclusive access to discounted MiniBranch services, empowering them with cutting-edge tools such as Live Chat, Video Chat, Texting, ITM Features without the expense, and a Virtual Assistant Chatbot, to better serve their communities and members. This partnership is set to strengthen the financial […] - [One CU Announces New Hire, One CU Announces Promotion, and VyStar VP Recognized as a Most Influential Woman in Payments](https://thecreditunionconnection.com/one-cu-announces-new-hire-one-cu-announces-promotion-and-vystar-vp-recognized-as-a-most-influential-woman-in-payments/): A VyStar Credit Union Vice President was recently honored by American Banker, and Centra Credit Union announced a new addition to their team of mortgage loan consultants. New Hires Lynne Coverdale has joined Centra Credit Union’s team of experienced mortgage loan consultants. Coverdale has worked in the mortgage industry for more than 35 years and most recently served as a mortgage loan originator at Merchants Bank. “Centra is excited to welcome Lynne to our team, and we look forward to seeing the value she creates for our Members who do their mortgage business with us,” Centra Vice President of Mortgage […] - [Suncoast Credit Union Opens 24th Student-Run Branchat Sallie Jones Elementary School](https://thecreditunionconnection.com/suncoast-credit-union-opens-24th-student-run-branchat-sallie-jones-elementary-school/): 70 Student Accounts Opened on the First Day Suncoast Credit Union, the largest credit union in Florida, celebrated the grand opening of its 24th student-run branch at Sallie Jones Elementary School in Punta Gorda last week. On the first day alone, a record-breaking 70 student accounts were opened, highlighting the school community\’s strong enthusiasm for financial literacy and engagement with this initiative. Sallie Jones Elementary School welcomed the new student-run branch on September 4 with a ribbon-cutting ceremony attended by school and county officials, including Superintendent Mark Vianello, students, and Suncoast team members. In addition to the 70 student accounts […] - [Altura Credit Union Offers Emergency Loans to Southern California Residents Impacted by Wildfires](https://thecreditunionconnection.com/altura-credit-union-offers-emergency-loans-to-southern-california-residents-impacted-by-wildfires/): In response to the devastating Airport, Bridge, and Line wildfires, Altura Credit Union is providing financial relief to their Members and Southern California residents affected by wildfires with its Wildfire Emergency Loan program. Designed to help individuals and families recover, applicants must reside in an evacuation zone and meet Altura\’s credit qualification criteria. The Wildfire Emergency Loan offers: 0% APR: No interest will be charged on these loans 90 Day Payment Grace Period: No Payments for the First 90 Days Loan Amount: Up to $1,500 Term: 18 months \”We understand the hardships faced by individuals and families displaced or impacted […] - [A+ Federal Credit Union Invites Community To Vote For Local Organizations To Receive A+ Gives Day $10,000 Donation](https://thecreditunionconnection.com/a-federal-credit-union-invites-community-to-vote-for-local-organizations-to-receive-a-gives-day-10000-donation/): Daily voting determines which five local organizations will each receive a $2,000 donation. On October 14, A+ Federal Credit Union (A+FCU) is hosting the third annual employee day of giving: A+ Gives Day. Over 500 local and non-local A+FCU employees will be volunteering at organizations throughout Central Texas and across the nation to support the credit union’s mission of building stronger communities through charitable activities. To broaden the impact of this effort, A+FCU is inviting the community and organization supporters to vote daily to determine which five deserving local organizations will each receive a $2,000 donation on A+ Gives Day. […] - [Not All Strategic Plans Are Created Equal](https://thecreditunionconnection.com/not-all-strategic-plans-are-created-equal/): Michael Wolsten, Owner, Michael Wolsten Consulting After working with dozens of credit unions, I hear so many leaders who say things like: We have a plan that our board and team rarely look at or understand. I honestly don’t even know where to find our strategic plan.  We have a plan that isn’t even relevant to where we are today. And while it’s common to hear this from leaders all across the country, I also often hear: I want a plan our board, leadership, and team can get behind and take real action on. I want to ensure everyone’s voice […] - [Searching For New Leadership: How to Recruit the Next Generation of Credit Union Leaders](https://thecreditunionconnection.com/searching-for-new-leadership-how-to-recruit-the-next-generation-of-credit-union-leaders/): Michael Beall, Chief Experience Officer, CU Strategic Planning Many credit union CEOs are nearing or planning their retirement. Having the right consultant on board before the transition begins is the best way to create a seamless transition between incoming and outgoing CEO leadership. Leadership development and succession planning should be ongoing for internal candidates before your CEO or other key executives announce their retirement. In many instances, however, that’s not the case. Especially with smaller credit unions, finding the time to bring along future executives seems impossible. Then, the process of finding the right person can be stressful for the […] - [Arkansas Federal Credit Union and FHLB Dallas Provide Financing to Rowdy Ruff House](https://thecreditunionconnection.com/arkansas-federal-credit-union-and-fhlb-dallas-provide-financing-to-rowdy-ruff-house/): Small Business Boost Loan Gives Startup a Leg Up A Small Business Boost (SBB) loan from Arkansas Federal Credit Union (AFCU) and the Federal Home Loan Bank of Dallas (FHLB Dallas) helped fund the opening of a premium doggie daycare in North Little Rock, Arkansas. Funds from the SBB program fill the gap between what an FHLB Dallas member can finance, and the loan request made by an eligible small business. In this case, Rowdy Ruff House received funding in the form of an SBB loan to fund interest payments on the construction phase. Jerry Wilson, owner of Rowdy Ruff […] - [Board Approves Final Rules on Fair Hiring in Banking and Simplification of Share Insurance for Trust Accounts](https://thecreditunionconnection.com/board-approves-final-rules-on-fair-hiring-in-banking-and-simplification-of-share-insurance-for-trust-accounts/): Board Briefed on Share Insurance Fund and 2024 Mid-Session Budget The National Credit Union Administration Board held its sixth open meeting of 2024 and approved: A final rule incorporating its Second Chance Interpretive Ruling and Policy Statement and the Fair Hiring in Banking Act into its regulations. A final rule that would simplify share insurance regulations by establishing a “trust accounts” category. In addition, the NCUA’s Chief Financial Officer briefed the Board on both the performance of the National Credit Union Share Insurance Fund during the second quarter of 2024 and the 2024 mid-session budget. Rule Provides Second Chance for […] - [Xactus Named Exclusive Credit Reporting, Verification and Flood Provider for ACUMA Services](https://thecreditunionconnection.com/xactus-named-exclusive-credit-reporting-verification-and-flood-provider-for-acuma-services/): One of Six Providers Selected for Launch of ACUMA Services Xactus, the leading verification innovator for the mortgage industry, announced today that it has been named the exclusive credit reporting, verification and flood provider for ACUMA Services, a program designed to provide ACUMA trusted credit unions and CUSO members with discounted products and services. Xactus is the only verification provider, and one of six best-in-class providers selected for the launch of ACUMA Services. “We are proud to be partnering with ACUMA to provide easy, affordable access to credit, verification and flood solutions to its members. This program will enable credit […] - [evolve FCU | Vitalant blood drive](https://thecreditunionconnection.com/evolve-fcu-vitalant-blood-drive/): On September 9th, evolve FCU sponsored its second Blood Drive in partnership with Vitalant. The I-10 Coalition Blood Drive was hosted at the University of El Paso Texas (UTEP) and New Mexico State University (NMSU). Each University competed to see who could donate more blood units through the week from September 9th through September 13th. Throughout the week the evolve team helped the Vitalant team and NMSU promote the event by being present and educating the students on the importance of donating blood and how it helps the community. The evolve team also introduced themselves to the students as a […] - [Alkami Named to IDC FinTech Rankings Top 100 for 2024](https://thecreditunionconnection.com/alkami-named-to-idc-fintech-rankings-top-100-for-2024/): IDC Financial Insights ranks top enterprises worldwide serving the financial services industry Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that it was categorized as a 2024 IDC FinTech Rankings Top 100 solution provider. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. To view the list in its entirety, please visit http://www.idc-fi.com. \”IDC has been producing the IDC FinTech Rankings for over twenty years and have expanded the program to include the top 150 […] - [AKUVO Concludes Successful 2024 Community Conference](https://thecreditunionconnection.com/akuvo-concludes-successful-2024-community-conference/): AKUVO, a leading technology organization specializing in collections and credit risk management, hosted more than 175 participants Sept. 11-12 at its first user conference at the Gaylord Texan Resort in Grapevine, Texas. The conference featured a mix of insightful sessions and frequent collaboration and networking, allowing attendees to come away with education and industry contacts. “We wanted AKUVO’s Community Conference to be a place that fosters collaboration and innovation within the collections community,” said AKUVO’s Chief Revenue Officer, Steve Castagna. “Of course, we want to educate our users about all of the tech updates to the AKUVO Platform and other […] - [Financial Center Redefines Member Loyalty with Innovative Rewards Program](https://thecreditunionconnection.com/financial-center-redefines-member-loyalty-with-innovative-rewards-program/): In an era where member engagement often follows a predictable pattern and there are thousands of financial institutions for consumers to choose from, Financial Center is redefining the member experience with the launch of their Loyalty Rewards program. Designed to elevate the relationship between the Credit Union and its members, this program offers tangible benefits that grow alongside each member’s individual financial journey. Loyalty Rewards is a strategically created program that recognizes and rewards members for their ongoing engagement with the Credit Union. Members progress through three levels – Base, Growth, and Peak – each offering increasingly valuable perks. From […] - [Bellwether Community Credit Union welcomes Matthew J. Haines as Chief Operating Officer](https://thecreditunionconnection.com/bellwether-community-credit-union-welcomes-matthew-j-haines-as-chief-operating-officer/): Bellwether Community Credit Union names Matthew J. Haines as its new Chief Operating Officer. Haines brings more than 25 years of extensive experience in financial services, having held leadership roles in both regional and national banking institutions. His broad expertise in operations, information technology, and risk management makes him a key addition to the management team as the organization continues its growth and innovation trajectory. As COO, Haines will be responsible for the management, direction, and evaluation of all operational activities, including information technology, loan, deposit and card operations, fraud management, data security, facilities management, project management, and business planning. […] - [ValleyStar Credit Union and Patrick & Henry Community College Launch Financial Literacy Program for Student Athletes](https://thecreditunionconnection.com/valleystar-credit-union-and-patrick-amp-henry-community-college-launch-financialnbspliteracy-program-for-student-athletes/): ValleyStar Credit Union is proud to announce a new partnership with  Patrick & Henry Community College to offer a financial literacy program tailored specifically  for student-athletes. The program, \”Financial Fundamentals for Beginners,\” aims to equip  these young adults with essential financial knowledge and skills to support their academic  and athletic careers.  The six-week sessions will comprehensively introduce critical financial concepts and  practices, including banking basics, budgeting, debt management, credit scores, online  banking, and financial aid. Designed to be accessible and engaging, the sessions will  feature online presentations and quizzes to ensure participants gain practical skills and  confidence in managing their […] - [Wheelhouse Credit Union Awards 2024 Sustainability ScholarshipsTo Five San Diego County Students](https://thecreditunionconnection.com/wheelhouse-credit-union-awards-2024-sustainability-scholarshipsto-five-san-diego-county-students/): Annual Scholarships Given to Local Environmental Stewards Wheelhouse Credit Union (Wheelhouse) is supporting the next generation of environmental  stewards by awarding five scholarships of $1,000 each to local college-bound students through its annual Sustainability College Scholarship Program. A leader in eco-friendly lending and community sustainability initiatives, Wheelhouse recognized five recently graduated high school seniors in San Diego County who demonstrated exceptional leadership, public service, and a desire to make a sustainable difference in their schools and communities. “Our sustainability mission extends to supporting our next generation of environmental champions who share our passion to protect our natural resources and help […] - [Synergent and Jack Henry Celebrate 20 Years of Partnership](https://thecreditunionconnection.com/synergent-and-jack-henry-celebrate-20-years-of-partnership/): Synergent® and Jack Henry™ recently celebrated the monumental milestone of 20 years of partnership. Since August 2004, Synergent has provided credit unions with access to the Symitar® core processing platform offered by Jack Henry. To celebrate this anniversary, staff members from both Synergent and Jack Henry traveled to KV Federal Credit Union in Augusta, Maine, to mark the occasion where Synergent completed its first core conversion to Episys (now Symitar). The commemoration reflected on changes, technological innovations, and growth of each respective company over the past two decades. “20 years ago, Synergent chose to partner with Jack Henry over numerous […] - [Federal Reserve Announces Interest Rate Cut](https://thecreditunionconnection.com/federal-reserve-announces-interest-rate-cut/): Today, the Federal Reserve announced that they have reduced interest rates by ½ percentage points. The decision was made in light of the recent progress on inflation and employment. The Federal Reserve have seen indicators that economic progress is headed in the right direction toward their goal of 2% rate of inflation. Despite the unemployment rate moving up, it still remains low. They still note some uncertainty, but they will continue to assess incoming data and the balance of risks. - [Spero Financial Nationally Recognized as #3 Best Credit Union to Work For in the Nation](https://thecreditunionconnection.com/spero-financial-nationally-recognized-as-3-best-credit-union-to-work-for-in-the-nation/): Spero Financial has been named a Best Credit Union to Work for in the Nation by American Banker (ranking 3rd in the $500M to $1B Asset Size). Spero Financial also received this award in 2022/2023 and was recently named a Best Place to Work in South Carolina for the fourth year in a row. When asked what makes Spero Financial special, Brian McKay, President and CEO of Spero Financial, stated simply, “Our people.” Brian shared, “It’s our culture that makes the difference – great team members, great members, and balancing hard work with a lot of fun. It’s one of […] - [Velera Unveils New Annual Conference: VeleraLIVE](https://thecreditunionconnection.com/velera-unveils-new-annual-conference-veleralive/): Velera – formerly PSCU/Co-op Solutions today announced the introduction of its new annual conference: VeleraLIVE. The event will bring together all of the credit union professionals, stakeholders and industry partners that previously attended Co-op Solutions’ THINK and PSCU’s Member Forum conferences, both of which have been retired and combined to create VeleraLIVE. Similar to the Velera name, which reflects the CUSO’s dedication to driving velocity in a new era for the financial services industry, VeleraLIVE will focus on advancing credit union growth now and into the future. VeleraLIVE 2025 will take place April 14-16 in Denver at the Gaylord Rockies […] - [People’s Credit Union Conducts \'Day of Purpose\'](https://thecreditunionconnection.com/peoples-credit-union-conducts-day-of-purpose-4/): Employees donate time and talent to raise awareness of food insecurity in Rhode Island People’s Credit Union (PCU) recently partnered with Farm Fresh RI and other nonprofit organizations across the state for a ‘Day of Purpose’ to shine a spotlight on food insecurity in our communities and the importance of making nutritious fresh produce accessible for all in need. All offices of PCU were closed on Thursday, September 12th, for employees to volunteer their time. \”At PCU, our purpose, to be a catalyst for positive change in the community, will be at the forefront of everything we do,\” said Sean […] - [People’s Credit Union Conducts \'Day of Purpose\'](https://thecreditunionconnection.com/peoples-credit-union-conducts-day-of-purpose-3/): Employees donate time and talent to raise awareness of food insecurity in Rhode Island People’s Credit Union (PCU) recently partnered with Farm Fresh RI and other nonprofit organizations across the state for a ‘Day of Purpose’ to shine a spotlight on food insecurity in our communities and the importance of making nutritious fresh produce accessible for all in need. All offices of PCU were closed on Thursday, September 12th, for employees to volunteer their time. \”At PCU, our purpose, to be a catalyst for positive change in the community, will be at the forefront of everything we do,\” said Sean […] - [People’s Credit Union Conducts \'Day of Purpose\'](https://thecreditunionconnection.com/peoples-credit-union-conducts-day-of-purpose-2/): Employees donate time and talent to raise awareness of food insecurity in Rhode Island People’s Credit Union (PCU) recently partnered with Farm Fresh RI and other nonprofit organizations across the state for a ‘Day of Purpose’ to shine a spotlight on food insecurity in our communities and the importance of making nutritious fresh produce accessible for all in need. All offices of PCU were closed on Thursday, September 12th, for employees to volunteer their time. \”At PCU, our purpose, to be a catalyst for positive change in the community, will be at the forefront of everything we do,\” said Sean […] - [People’s Credit Union Conducts \'Day of Purpose\'](https://thecreditunionconnection.com/peoples-credit-union-conducts-day-of-purpose/): Employees donate time and talent to raise awareness of food insecurity in Rhode Island People’s Credit Union (PCU) recently partnered with Farm Fresh RI and other nonprofit organizations across the state for a ‘Day of Purpose’ to shine a spotlight on food insecurity in our communities and the importance of making nutritious fresh produce accessible for all in need. All offices of PCU were closed on Thursday, September 12th, for employees to volunteer their time. \”At PCU, our purpose, to be a catalyst for positive change in the community, will be at the forefront of everything we do,\” said Sean […] - [Register Now for September 30 IRS VITA Program Webinar](https://thecreditunionconnection.com/register-now-for-september-30-irs-vita-program-webinar/): Credit unions wanting to learn more about how the IRS’s VITA program can benefit them and their communities are invited to attend a webinar hosted by the National Credit Union Administration on September 30. Registration for this webinar, “How the IRS Vita Program Can Serve Your Community,” is now open. The webinar is scheduled to begin at 11 a.m. Eastern and is expected to run approximately one hour. It will include a live question-and-answer session. The webinar will inform credit unions on how they can benefit from this free program and its expert tax preparation volunteers. Guest speakers from the […] - [Westerra Credit Union Announces New Littleton Branch Amid 90th Anniversary](https://thecreditunionconnection.com/westerra-credit-union-announces-new-littleton-branch-amid-90th-anniversary/): Grand Opening Event for Community and Members Planned for Oct 5 Westerra Credit Union is continuing to serve the Littleton community through the opening of a new, modern location in a revitalized shopping center at 8555 W. Belleview Ave, Littleton, CO, 80123. Now open, this new location features an open layout with peninsulas for transactions as well as private office spaces for personalized service, along with self-service and digital options. A conference room for meetings, member gatherings, and community events, as well as an accessible, walk-up ATM, are also available. These features allow for enhanced member interaction by the friendly […] - [DCUC Calls for Stronger Protections of Veterans Against Financial Scams in Senate Special Committee on Aging Letter](https://thecreditunionconnection.com/dcuc-calls-for-stronger-protections-of-veterans-against-financial-scams-in-senate-special-committee-on-aging-letter/): Today, the Defense Credit Union Council (DCUC) sent a letter to  Senators Bob Casey (D-PA) and Mike Braun (D-IN) of the Senate Special Committee on Aging,  addressing the increasing threat of financial fraud targeting older citizens, with a specific focus  on veterans. DCUC’s letter provided comments for the committee’s review ahead of the  committee’s September 19, 2024, hearing titled, “Fighting Fraud: How Scammers are Stealing  from Older Adults.”  In the letter, Jason Stverak, DCUC’s Chief Advocacy Officer, emphasized that veterans are disproportionately targeted by financial scams and how DCUC and its member credit unions remain dedicated to safeguarding this important […] - [Jack Henry\'s Credit Union Community Participates in CU Build\'s Fourth Annual Build-A-Thon Event](https://thecreditunionconnection.com/jack-henrys-credit-union-community-participates-in-cu-builds-fourth-annual-build-a-thon-event-4/): 29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry. This year\’s CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme \”Pioneering Progress,\” inspired by Utah\’s recent Pioneer Day celebration. During the competition, participants had access to Jack […] - [Jack Henry\'s Credit Union Community Participates in CU Build\'s Fourth Annual Build-A-Thon Event](https://thecreditunionconnection.com/jack-henrys-credit-union-community-participates-in-cu-builds-fourth-annual-build-a-thon-event-3/): 29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry. This year\’s CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme \”Pioneering Progress,\” inspired by Utah\’s recent Pioneer Day celebration. During the competition, participants had access to Jack […] - [Jack Henry\'s Credit Union Community Participates in CU Build\'s Fourth Annual Build-A-Thon Event](https://thecreditunionconnection.com/jack-henrys-credit-union-community-participates-in-cu-builds-fourth-annual-build-a-thon-event-2/): 29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry. This year\’s CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme \”Pioneering Progress,\” inspired by Utah\’s recent Pioneer Day celebration. During the competition, participants had access to Jack […] - [Jack Henry\'s Credit Union Community Participates in CU Build\'s Fourth Annual Build-A-Thon Event](https://thecreditunionconnection.com/jack-henrys-credit-union-community-participates-in-cu-builds-fourth-annual-build-a-thon-event/): 29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry. This year\’s CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme \”Pioneering Progress,\” inspired by Utah\’s recent Pioneer Day celebration. During the competition, participants had access to Jack […] - [DeepTarget with Access Softek Unveil Finalists and Grand Prize Winner for the Fourth Annual Digital Impact Awards 2024](https://thecreditunionconnection.com/deeptarget-with-access-softek-unveil-finalists-and-grand-prize-winner-for-the-fourth-annual-digital-impact-awards-2024/): DeepTarget Inc., a transformational financial services company harnessing the power of AI and data insights to power digital communication for community financial institutions, and Access Softek, an omnichannel digital banking provider, have revealed the top six finalists for their 2024 Digital Impact Awards. The Digital Impact Awards highlight innovative credit unions that leverage data, AI and automation to connect with their members and influence their financial experiences. Finalists were chosen from a competitive group of institutions that used DeepTarget’s Digital Experience Platform (DXP) and Access Digital to develop creative and successful marketing campaigns in 2023.  The criteria for finalist selection involved […] - [DCUC Advocates for Lifting Loan Cap on Veteran-Owned Small Businesses in Senate Small Business Committee Letter](https://thecreditunionconnection.com/dcuc-advocates-for-lifting-loan-cap-on-veteran-owned-small-businesses-in-senate-small-business-committee-letter/): Today, the Defense Credit Union Council (DCUC) sent a letter to the Senate Small Business and Entrepreneurship Committee urging members to take action to better support veteran-owned small businesses in rural America. The letter was sent ahead of the committee\’s September 18, 2024, hearing titled, \”Streamlining and Coordinating Support for Rural Small Businesses.” “For credit unions, especially Defense Credit Unions, helping our nation’s service members and veterans create opportunities for themselves and their families is a top priority,” stated Jason Stverak, DCUC Chief Advocacy Officer. “However, the arbitrary cap on business loans to members—currently set by Congress—restricts the assistance we […] - [Federal Home Loan Bank of Chicago awards $15,000.00 grant to S1 Tech Services, LLC.](https://thecreditunionconnection.com/federal-home-loan-bank-of-chicago-awards-1500000-grant-to-s1-tech-services-llc/): Funds sponsored by Staley Credit Union supports small business in the Central Illinois community. The Federal Home Loan Bank of Chicago (FHLBank Chicago) awarded S1 Tech Services, LLC a grant of $15,000.00 through its Community First® Accelerate Grants for Small Business program. FHLBank Chicago offers grants of up to $30,000 to eligible small businesses to advance economic opportunity in the communities it serves. S1 Tech Services, LLC provides local businesses and organizations an affordable, well-designed, and secure web presence. Their services have contributed to community building in Central Illinois by providing community banks & credit unions with web services that […] - [Financial Plus Credit Union Donates $20,000 to Local  Children’s Hospital in Support of Mental Health Programs](https://thecreditunionconnection.com/financial-plus-credit-union-donates-20000-to-localnbsp-childrens-hospital-in-support-of-mental-health-programs/): Financial Plus Credit Union has proudly donated $20,000 to Hurley Children’s Hospital, with funds raised from the credit union industry’s second annual In the Cellar fundraiser. The donation will support Hurley Medical Center’s inpatient behavioral health unit which supports children experiencing mental or behavioral health crises.  In the Cellar brought together credit unions and their partners across the Great Lakes Region and raised over $1.1 million for Children’s Miracle Network (CMN) Hospitals. Brad Bergmooser, President and CEO  at Financial Plus Credit Union, played a critical role in the event as a member of the Board of Directors.  Financial Plus Credit Union’s executive staff […] - [Nassau Financial Federal Credit Union Welcomes Anthony Grigos as Chief Business Banking Officer](https://thecreditunionconnection.com/nassau-financial-federal-credit-union-welcomes-anthony-grigos-as-chief-business-banking-officer/): Nassau Financial Federal Credit Union is excited to announce the addition of Anthony Grigos as its new Chief Business Banking Officer (CBBO). With over two decades of experience in commercial lending, real estate, and financial services, Anthony brings a wealth of expertise and a proven track record of driving business growth and innovation to the credit union. Anthony’s distinguished career spans leadership roles at major financial institutions, including the Royal Bank of Canada and JP Morgan Chase, where he honed his skills in commercial lending and investment banking. After 15 years in the corporate sector, Anthony transitioned to his family’s […] - [CFPB Takes Action Against Arbitration Platform Ejudicate for Deceiving Student Borrowers](https://thecreditunionconnection.com/cfpb-takes-action-against-arbitration-platform-ejudicate-for-deceiving-student-borrowers/): Company claimed to be a neutral party but was actually a debt collection tool for the creditor Today, the Consumer Financial Protection Bureau (CFPB) banned private dispute resolution platform Ejudicate from arbitrating disputes about consumer financial products after the company misled student borrowers about its neutrality and initiated sham arbitration proceedings. Ejudicate initiated those proceedings for the company Prehired, which was permanently shut down in 2023 by the CFPB and several state attorneys general for its illegal lending practices. Ejudicate acted as a service provider to Prehired by providing these sham arbitration services. The CFPB found that Ejudicate treated borrowers unfairly […] - [Celebrate Community and Sustainability with TBA Credit Union\'s October Events](https://thecreditunionconnection.com/celebrate-community-and-sustainability-with-tba-credit-unions-october-events/): TBA Credit Union (TBACU) is hosting and participating in a series of community-focused events this October. These events will celebrate International Credit Union Day, promote environmental sustainability, and highlight the cooperative spirit. International Credit Union Day Celebrate International Credit Union Day with a member appreciation event. Enjoy cider and donuts at both TBACU branch locations throughout the day and connect with fellow members and the TBA Credit Union team. When: October 17, 2024, from 9 AM-5 PM Where: TBA Credit Union, 630 E. Front Street, and 2900 W. South Airport Road Shred It/eRecycle It EventSafely dispose of your sensitive documents […] - [UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive](https://thecreditunionconnection.com/umassfive-hosting-winter-coat-and-cold-weather-clothing-drive/): UMassFive College Federal Credit Union (UMassFive) is running a winter coat and cold-weather clothing drive in its Hadley, Northampton, UMass Amherst, Springfield, and Worcester branches throughout October. Donations from this drive, held annually, will be distributed in partnership with the Amherst Survival Center, Gray House in Springfield, and Net of Compassion in Worcester. “We know that our neighbors in need have come to count on the coats and warm clothing our members donate during this drive,” says Cait Murray, UMassFive Community Outreach Manager. “We are so grateful to partner with the great local organizations that can ensure donations are directed […] - [TopLine Financial Credit Union Members and Employees Help Youth Prepare for a Successful Back to School Season](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-help-youth-prepare-for-a-successful-back-to-school-season-1/): TopLine’s 21st annual school supply drive benefits local communities TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their 21st Annual School Supply Drive that benefitted local non-profits, Avenues for Youth, Community Emergency Assistance Programs (CEAP) and Keystone Community Services. TopLine members and employees generously donated a variety of school supplies including notebooks, folders, binders, pencils, crayons, calculators, flash drives, backpacks and more to help youth in our communities get ready for the new school year. TopLine and community members could purchase items from the credit union’s Amazon Wishlist or Target Registry, and have them delivered directly […] - [California Credit Union League Finishes Strong in Sacramento](https://thecreditunionconnection.com/california-credit-union-league-finishes-strong-in-sacramento/): CA Legislative Session Adjourned As the 2024 California State Legislative Session recently ended, credit unions across the state benefited from legislative victories, meetings, urgent alerts, and robust grassroots advocacy-in-action that crafted better policies to positively impact their operations and members. The League is the only association in Sacramento representing the credit union movement’s voice. “It truly was a busy year in Sacramento,” said Robert Wilson, senior vice president of state government affairs for the California and Nevada Credit Union Leagues. “Outside of our top-ticket items, we engaged on nearly 30 bills altogether, while also working on budget issues and the […] - [EveryLife Partners with America’s Christian Credit Union (ACCU) to Support Families and Uphold Pro-Life Values](https://thecreditunionconnection.com/everylife-partners-with-americas-christian-credit-union-accu-to-support-families-and-uphold-pro-life-values/): EveryLife, America\’s fastest-growing diaper company and a wholly owned subsidiary of PublicSquare (NYSE: PSQH), is excited to announce a new strategic partnership with America’s Christian Credit Union (ACCU) that reflects both organizations’ shared commitment to celebrating life and supporting families. As part of this partnership, ACCU and EveryLife will work together to champion the sanctity of life and provide meaningful support to families across the nation. Key initiatives include: New Baby Gift Boxes for ACCU Employees: ACCU will purchase an EveryLife New Baby Gift Box for every employee who welcomes a new child or grandchild. Support for Adoption Members: ACCU […] - [Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform](https://thecreditunionconnection.com/intrepid-credit-union-partners-with-alkami-to-launch-new-digital-banking-platform-1/): Members will benefit from an enhanced digital banking experience and security Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) today announced that it has partnered with Intrepid Credit Union to launch Alkami\’s Digital Banking Platform designed to offer members an enhanced digital banking experience. The upgrade represents a significant leap forward to provide new tools and features for Intrepid Credit Union\’s members to empower them on their financial journey and deliver a best-in-class user experience. The Alkami Digital Banking Platform provides Intrepid Credit Union with intuitive self-service tools and a personalized user experience, allowing them to foster greater engagement and growth with […] - [Jack Henry Announces Winners of Inaugural Cobalt Awards](https://thecreditunionconnection.com/jack-henry-announces-winners-of-inaugural-cobalt-awards/): New awards celebrate innovation, community dedication, and commitment to financial freedom Jack Henry™ (Nasdaq: JKHY) is pleased to announce the recipients of its inaugural Cobalt Awards. Launched earlier this year, the annual awards recognize financial institutions and fintechs that are dedicated to their communities, passionate about innovation, and relentless in helping accountholders improve their financial health. The 2024 Cobalt Award recipients were revealed on October 8 from the main stage at Jack Henry Connect in Phoenix, Arizona. The winners are: The Barrier Breaker: This award honors one bank and one credit union that have made significant strides in breaking down […] - [Coconut Software and Glia Partner to Further Unify Interactions](https://thecreditunionconnection.com/coconut-software-and-glia-partner-to-further-unify-interactionsenglish/): Collaboration enables credit unions and banks to connect chat, IVR, appointment scheduling and more. Coconut Software, a leading provider of appointment scheduling, in-branch queuing, and video banking software for the financial services industry, today announced a strategic partnership with Glia, the leader in customer interaction technology. This partnership seamlessly integrates Coconut Software\’s advanced scheduling platform into Glia\’s Unified Interaction Management platform, ensuring that members and customers can quickly and efficiently receive the support they need through their preferred channel. \”It should always be easy for customers to interact with their financial services providers and receive meaningful advice through whatever channel […] - [United Federal Credit Union Pledges $85,000 for Hurricane Helene Relief Efforts in Western North Carolina](https://thecreditunionconnection.com/united-federal-credit-union-pledges-85000-for-hurricane-helene-relief-efforts-in-western-north-carolina/): Following the devastation in western North Carolina after Hurricane Helene, United Federal Credit Union (United) has pledged $85,000 to three organizations to help impacted members, employees, and the community at large. “Our first response to the devastation caused by Hurricane Helen was checking on the safety and well-being of our employees and members,” said Terry O’Rourke, United CEO/President. “People always come first at United. As the communities shift to relief efforts, our next priority is getting vital resources to our friends and neighbors in western North Carolina. These donations are the start of our commitment to help federal, state, and […] - [Alkami Unveils the 2025 Playbook to Prepare Financial Institutions for the Future of Banking](https://thecreditunionconnection.com/alkami-unveils-the-2025-playbook-to-prepare-financial-institutions-for-the-future-of-banking/): Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced the launch of \”The 2025 Digital Banking Playbook: Budgeting & Strategies for Banks and Credit Unions,\” a comprehensive guide of strategies and research findings designed to help financial institutions navigate the year ahead. The annual playbook offers insights into consumer perceptions, actionable recommendations for solutions categories to deploy, and data-driven analysis on the key trends expected to shape the industry in 2025, and through the end of the decade. As financial institutions face increasing demands from digitally savvy consumers, The […] - [Texas State University Student Wins Cruiseby Using Greater Texas|Aggieland Card](https://thecreditunionconnection.com/texas-state-university-student-wins-cruiseby-using-greater-texasaggieland-card/): Texas State University student Michael Valdez has a great vacation to look forward to, as the winner of the Greater Texas|Aggieland Credit Union Fuel Your Dreams Cruise Giveaway. Valdez, a junior from Pflugerville studying criminal justice at Texas State, was chosen at random from among thousands of the credit union’s cardholders, each winning one entry into the contest each time they used their card at the gas pump from mid-May to the end of July. This was the first time Greater Texas|Aggieland has given a cruise – a $2,000 voucher with Royal Caribbean Cruise Lines – as a prize, and the […] - [CUES Celebrates Excellence: Announcing 2024 Award Winners And Hall Of Fame Inductee](https://thecreditunionconnection.com/cues-celebrates-excellence-announcing-2024-award-winners-and-hall-of-fame-inductee/): CUES is proud to unveil this year’s roster of CUES Award winners, celebrating one exceptional credit union and a select group of visionary industry leaders. Each year, these prestigious awards applaud the industry’s highest achievers, inspiring future leaders to shape the future of the credit union movement. The following honorees distinguished themselves in five distinct categories, exemplifying excellence and embodying the highest standards of the credit union movement. John Pembroke Catalyst for Change – Unitus Community Credit Union, Tigard, OR The John Pembroke Catalyst for Change Award celebrates advancements in the diversity, equity, and inclusion space—specifically the efforts of credit […] - [Eglin Federal Credit Union names Cathie Staton new President/CEO](https://thecreditunionconnection.com/eglin-federal-credit-union-names-cathie-staton-new-presidentceo/): The board of directors has appointed Cathie Staton as the new President/CEO of Eglin Federal Credit Union effective Oct. 28, 2024. She succeeds Jerry Williams who is retiring after 30 years of service with Eglin FCU, the last 10 years as President/CEO. Under Williams’ leadership assets grew by over $1 billion to nearly $2.9 billion with 124,000 members worldwide. He is well known for his involvement in several area chambers of commerce, economic development councils and nonprofit organizations. He served as an Honorary Commander, 24SOW, Hurlburt Field and as a Civic Leader, 33FW, Air Education and Training Command. In recognition […] - [TruLync Medicare Advisors Expand Statewide Service](https://thecreditunionconnection.com/trulync-medicare-advisors-expand-statewide-service/): Two new agents join the team to help seniors find the best plan, save money TruLync Medicare Advisors is expanding its statewide service to Minnesota credit unions with the hiring of two experienced and licensed insurance agents, Amy Banker and Tammy Kausch. TruLync Medicare Advisors, a subsidiary of the Minnesota Credit Union Network, is a licensed insurance agency helping credit union members navigate Medicare enrollment. Partnered with eight state Medicare providers, TruLync ensures members get the information needed to choose the best plan. Currently, 34 credit unions participate in the program and are prepared to help members with Open Enrollment. Amy […] - [­­Naveo Credit Union joins Massachusetts Share Insurance Corporation as a partner credit union offering TRIM™, The Rate Improver Mortgage.](https://thecreditunionconnection.com/naveo-credit-union-joins-massachusetts-share-insurance-corporation-as-a-partner-credit-union-offering-trim-the-rate-improver-mortgage/): Naveo Credit Union joins Massachusetts Share Insurance Corporation (MSIC) as one of the first credit unions to offer TRIM™. TRIM™ is an innovative, consumer-friendly mortgage product aimed at alleviating mortgage costs and fees for homebuyers if interest rates decline during a certain period of time. With a 30-year TRIM™ fixed-rate mortgage, if interest rates drop within the first five years, borrowers will be able to float down their interest rate with no fees – allowing them to save thousands of dollars in refinance fees and interest payments. TRIM allows individuals the opportunity to get into their dream home now under the current rate environment […] - [NCUA Urges Credit Unions in the Path of Hurricane Milton to Prepare](https://thecreditunionconnection.com/ncua-urges-credit-unions-in-the-path-of-hurricane-milton-to-prepare/): Credit unions in the path of Hurricane Milton are advised to take precautions, including measures to protect their staff and secure their operations, as the storm intensifies in the Gulf of Mexico. Hurricane Milton’s projected path has it making landfall near Tampa, on Florida’s west coast, late Wednesday night. The NCUA maintains a hurricane and disaster information page on its website as well as on MyCreditUnion.gov. The National Hurricane Center has regular updates on the storm as it approaches landfall, and the Department of Homeland Security has additional information on being prepared for hurricanes. Credit union members with questions may […] - [Rapid Finance Expands API-Supported Small Business (SMB) Disclosure Service to Support Connecticut Commercial Financing Disclosure Requirements](https://thecreditunionconnection.com/rapid-finance-expands-api-supported-small-business-smb-disclosure-service-to-support-connecticut-commercial-financing-disclosure-requirements/): Rapid Finance announced the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to assist business funders and financing companies comply with Connecticut’s commercial disclosure requirements which took effect on July 1, 2024. Connecticut’s commercial financing disclosure law applies to financing amounts of $250,000 or less, requiring funders involved in sales-based financing to provide disclosures to businesses seeking working capital. Also, any funders or financing companies in the state must register with the Connecticut Department of Banking starting October 1, 2024. Connecticut’s adoption of financing disclosure requirements is part of a growing trend of state-specific regulatory laws that […] - [Topline Financial Credit Union Recognized for Prestigious Marketing Efforts](https://thecreditunionconnection.com/topline-financial-credit-union-recognized-for-prestigious-marketing-efforts/): Marketing Association of Credit Unions (MAC) Honors TopLine in Three Major Categories TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, was honored with three marketing awards from the Marketing Association of Credit Unions. The Marketing Association of Credit Unions (MAC) Awards honored TopLine in three categories: Community Engagement, Financial Education and Brand/Rebrand Evolution. In the Community Engagement category, TopLine won bronze for their Winter Spirit Week Penny Wars competition. The goal of Penny Wars was to introduce a fun new competition for employees that included a charitable component to benefit one of TopLine’s selected non-profit partners. Teams […] - [Arizona Credit Unions Celebrate Second Annual Arizona Credit Union Week](https://thecreditunionconnection.com/arizona-credit-unions-celebrate-second-annual-arizona-credit-union-week/): Get In on the Fun During #AZCU Week Happening October 14-18 Arizona Financial Credit Union, Copper State Credit Union, Credit Union West, First Credit Union, Hughes Federal Credit Union, Landings Credit Union, OneAZ Credit Union, Pima Federal Credit Union, TruWest Credit Union, Tucson Federal Credit Union and Vantage West Credit Union are thrilled to champion the local credit union movement with the second annual Arizona Credit Union Week (#AZCUWeek). United by a shared commitment to igniting positive change across Arizona, the state’s leading credit unions have organized an action-packed week of festivities, including appearances with iconic athletes, local leaders, and […] - [Array and Lumin Digital Announce Partnership To Help Financial Institutions Deliver Financial Wellness Tools Within Lumin Digital’s Digital Banking Experience](https://thecreditunionconnection.com/array-and-lumin-digital-announce-partnership-to-help-financial-institutions-deliver-financial-wellness-tools-within-lumin-digitals-digital-banking-experience/): Array, a leading financial innovation platform, announced a partnership today with Lumin Digital, a leading cloud-native digital banking provider. Through this partnership, Lumin will now offer a suite of Array’s products, including My Credit Manager with Offers Engine, Identity Protect, Privacy Protect, and Subscription Manager, as part of its Financial Wellness Monitoring suite for financial institution customers. The complexity of consumers’ personal financial ecosystems can make it difficult for them to effectively manage their finances – especially when they are spread across many apps and institutions. Array’s innovative product suite aims to help financial institutions equip consumers with financial health […] - [Navy Federal Credit Union Awards ROTC All-American Scholarships](https://thecreditunionconnection.com/navy-federal-credit-union-awards-rotc-all-american-scholarships/): Since 2018, Navy Federal has received nearly 1,300 ROTC student nominations and donated over $540,000 to ROTC cadets through its scholarship program. Navy Federal Credit Union awarded 15 ROTC seniors its annual ROTC All-American Scholarships. The program honors the best and brightest ROTC seniors in all branches of military service nationwide. Launched in 2018, the recipients are chosen by a panel of judges based on the pillars of the ROTC program: Leadership, Military Excellence, Scholarship and Service. “At the credit union, our goal is to always be ready and available to serve those who are serving, and as a Veteran, […] - [NuMark Credit Union Partners with NCR Atleos for Branch Modernization](https://thecreditunionconnection.com/numark-credit-union-partners-with-ncr-atleos-for-branch-modernization/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, announced today that NuMark Credit Union has selected Atleos’ ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) to modernize their branch network, enhancing self-service banking for members while increasing operational efficiencies. ITMs combine the functionality of an ATM with an expanded set of teller transactions, including the option of assistance through a video connection. Additionally, NuMark Credit Union chose Atleos’ ATM Management Platform (AMP) Interactive Services, to deliver a connected experience across ATMs/ITMs and other consumer touchpoints. NuMark […] - [Velera Partners with Kinective to Accelerate Innovation and Time-to-Market for Financial Software Products](https://thecreditunionconnection.com/velera-partners-with-kinective-to-accelerate-innovation-and-time-to-market-for-financial-software-products/): Kinective’s Gateway™ delivers breakthrough core system integration, empowering Velera to bring new products to market faster Velera has entered into a strategic partnership with Kinective, a trailblazer in digital connectivity, document workflow and branch automation for the banking sector. This collaboration will help Velera deliver next-generation solutions to its credit union clients by leveraging Kinective’s Gateway™, a revolutionary solution that is reshaping how Fintechs introduce new products across the financial services landscape. At the core of this partnership is Kinective Gateway, a groundbreaking integration technology that eliminates the development challenges normally associated with integrating new software products into a diverse […] - [FinTech Automation Launches Unique Card Issuance Solution for Banks and Credit Unions](https://thecreditunionconnection.com/fintech-automation-launches-unique-card-issuance-solution-for-banks-and-credit-unions/): FinTech Automation, LLC (\”FTA\”) announced the launch of its innovative card issuance platform ChargeIt™, designed to enable banks, neo-banks, and credit unions (\”Banks\”) to issue tailored card programs for corporate brands. ChargeIt™ enables Banks to manage every stage of the card lifecycle, from initial setup to long-term management and support, benefiting from advanced automation, customer service tools, and dynamic insights that optimize operations and enhance customer engagement. Banks can issue a range of card types, including consumer, business, rewards, wearable, virtual, kids and teens cards, which offer users added flexibility and security. \”We are excited to enable community banks and […] - [Iowa Credit Union Foundation Raises More than $101,000 for Mission-Driven Programs and Resources at Annual Fundraiser](https://thecreditunionconnection.com/iowa-credit-union-foundation-raises-more-than-101000-for-mission-driven-programs-and-resources-at-annual-fundraiser/): Now in its 29th year, the Iowa Credit Union Foundation (ICUF) remains the hub for credit union philanthropy in Iowa. During the recent Iowa Credit Union Convention, ICUF hosted its annual Benefit Night Fundraiser and raised more than $101,000 to support the mission of advancing financial well-being for all Iowans. This year’s event drew nearly 300 attendees from both the credit union sector and the broader business community. “We are so grateful for the support of our credit union movement, partners and ICUF community. The funds raised will increase the financial well-being of Iowans across our state,” said Ena Babic […] - [BHFCU Executive Earns CCUE Designation](https://thecreditunionconnection.com/bhfcu-executive-earns-ccue-designation/): Black Hills Federal Credit Union (BHFCU) is pleased to share that Holly Jones, Chief Administrative Officer, has earned the distinguished Certified Credit Union Executive (CCUE) designation from America’s Credit Unions following completion of Credit Union Management School. Jones’s pursuit of further education grew after earning her Credit Union Development Education (CUDE) designation from the National Credit Union Foundation. Her interest in Credit Union Management School was piqued by its unique offering – a comprehensive three-year curriculum that enhances leadership skills in all areas of the credit union. The coursework covers a wide range of topics, from financial-first decision-making and credit […] - [LOYALTY Credit Union Names Park Broome As New President And CEO](https://thecreditunionconnection.com/loyalty-credit-union-names-park-broome-as-new-president-and-ceo/): The Board of Directors of LOYALTY Credit Union proudly announces the appointment of Park Broome as its new President and Chief Executive Officer, effective July 15, 2024. Park most recently served as LOYALTY’S Chief Strategy Officer following the merger of Central Credit Union of Florida and Tallahassee-Leon Federal Credit Union. Prior to the merge, Park held the roles of Executive Vice President and Interim CEO of Tallahassee-Leon Federal Credit Union since 2019. His 25 years of experience in the financial services industry include operations, member services, both consumer and commercial lending, and most recently, executive leadership. Park’s commitment to our […] - [Synergent and Partner Credit Unions Honored with Five MAC Award Wins](https://thecreditunionconnection.com/synergent-and-partner-credit-unions-honored-with-five-mac-award-wins/): Synergent® is pleased to announce it has received five Marketing Association of Credit Unions (MAC) Awards for creative marketing campaigns developed for the following credit unions: Bayer Heritage FCU, Capital Area FCU, Casco FCU, Homefield CU, and PeoplesChoice CU. MAC Awards are presented annually to celebrate the outstanding contributions credit union marketers make to the People Helping People industry in a variety of award categories. All entries are judged based on creativity, planning, execution, and market distinction. \”We are incredibly proud of the cooperative and joint efforts in winning five MAC Awards this year!” said Doug MacDonald, Vice President of […] - [CFPB Takes Action Against Wrongful Auto Repossessions and Loan Servicing Breakdowns](https://thecreditunionconnection.com/cfpb-takes-action-against-wrongful-auto-repossessions-and-loan-servicing-breakdowns/): Consumers given inaccurate loan disclosures and charged for add-on products without consent Today, the Consumer Financial Protection Bureau (CFPB) published a new edition of Supervisory Highlights describing the agency’s supervisory findings related to illegal practices in auto finance, including lenders repossessing consumers’ cars after the borrower made timely payments or received loan extensions. Other illegal conduct detailed in the report includes lenders providing inaccurate disclosures, misapplying loan payments, and putting incorrect information on consumers’ credit reports. The report also highlights significant problems with add-on products that are packaged at the front-end of the auto loan, increasing the loan costs, and […] - [Chimney Collaborates with Jack Henry to Revolutionize How Financial Institutions Engage with Homeowners](https://thecreditunionconnection.com/chimney-collaborates-with-jack-henry-to-revolutionize-how-financial-institutions-engage-with-homeowners/): Community and regional financial institutions can now show home value, home equity, educational resources, and personalized guidance and offers within their banking app Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital banking platform. Chimney leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital PlatformTM is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry’s API, design, and authenticated frameworks has enabled Chimney […] - [Only 20% of Americans Leverage High-Yield Savings Accounts to Save Money, According to New Plinqit Report](https://thecreditunionconnection.com/only-20-of-americans-leverage-high-yield-savings-accounts-to-save-money-according-to-new-plinqit-report/): Plinqit’s 2024 State of Savings Report shows nearly half of Americans, 48%, use a checking account to save money, presenting opportunity for financial institutions to encourage smarter saving with high-yield savings accounts Plinqit found that a checking account is the most common way Americans save, as 48% say they use this type of account to save money. Only 20% stash money in high-yield savings accounts, according to the company’s 2024 State of Savings Report. Plinqit’s 2024 State of Savings Report offers exclusive insights into the savings habits of today’s consumers and is based on their recent survey conducted by The Harris […] - [Affinity Federal Credit Union Appoints Latest Class of Certified Wellbeing Coaches](https://thecreditunionconnection.com/affinity-credit-union-appoints-latest-class-of-certified-wellbeing-coaches/): Affinity Federal Credit Union (“Affinity”) has appointed its latest class of Certified Wellbeing Coaches, adding 43 newly-certified coaches across its staff. The new coaches join the 42 individuals who graduated from the Affinity-led certificate program last December. With 85 total coaches, over 36 percent of Affinity’s front-line and support staff have now obtained the certification. Affinity designed the program to institutionalize the organization’s approach to supporting its members’ financial wellbeing. Participants engaged in a six-month curriculum followed by a one-month capstone project to demonstrate their learning. The member-centric curriculum included topics such as personal finance, credit, taxes, insurance, identity theft […] - [FHLB Dallas, Del Norte Credit Union, Wells Fargo and Southwest Capital Bank Celebrate Awarding $550K in Grants to Support Tribal Housing in New Mexico](https://thecreditunionconnection.com/fhlb-dallas-del-norte-credit-union-wells-fargo-and-southwest-capital-bank-celebrate-awarding-550k-in-grants-to-support-tribal-housing-in-new-mexico/): Grants Were Funded Through FHLB Dallas’ $1M Native American Housing Opportunities Fund Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Del Norte Credit Union, Wells Fargo and Southwest Capital Bank awarded $550,000 in Native American Housing Opportunities (NAHO) Fund grants to four New Mexico-based tribal housing organizations. FHLB Dallas introduced the NAHO Fund this year to address the housing needs of federally recognized tribes and tribally designated housing entities (TDHEs) by providing grants up to $50,000 to $150,000 per application. Eligible uses for the NAHO Fund grants range from down payment, closing cost and rental assistance to […] - [DCUC Urges NCUA to Oppose Illinois Law on Interchange Fees ](https://thecreditunionconnection.com/dcuc-urges-ncua-to-oppose-illinois-law-on-interchange-feesnbsp/): In a letter sent on Thursday, October 3, 2024, the Defense Credit Union  Council, DCUC, urged the National Credit Union Administration, NCUA, to strongly oppose a recently passed Illinois law on interchange fees on taxes and tips.   DCUC expressed concerns that the law, which prohibits credit card companies from charging swipe fees on these transactions, could severely disrupt credit unions’ operations and the financial ecosystem as a whole.  DCUC emphasized the position of the Office of the Comptroller of the Currency (OCC), which  has described the Illinois law as “ill-conceived, highly unusual, and largely unworkable.” The  OCC’s court filing highlighted that […] - [Day Air Hosts Record-Breaking College Prep Night ](https://thecreditunionconnection.com/day-air-hosts-record-breaking-college-prep-nightnbsp/): Day Air Credit Union is proud to announce the success of its largest College Prep Night yet, held recently for aspiring college students and their families at Day Air Ballpark. The event welcomed over 2,000 students and their families, providing an invaluable opportunity to meet with representatives from more than 70 colleges and universities across the country.  College Prep Night featured representatives from leading higher education institutions, allowing  students to engage directly, ask questions, and gather vital information about admissions, scholarships,  and academic programs. This unique in-person setting offered insights that can play a significant role in  shaping students\’ future educational decisions.  In addition to the wealth of […] - [Three Credit Unions Announce New Hires and Ncontracts Celebrates Release of New Book](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-and-ncontracts-celebrates-release-of-new-book/): A few credit unions including Corporate Central Credit Union and Greater Texas Credit Union announced new hires, and Ncontracts’ VP of Compliance and CEO have published a new book. New Hires Corporate Central is pleased to announce the addition of Raghu Gandhe as Data and Analytics Architect. In this critical role, Gandhe will be responsible for designing, developing, and operating scalable, reliable, resilient, cost-efficient, and secure data and analytic solutions for Corporate Central’s SaaS applications and fintech innovation. Ventura County Credit Union has selected Paul Emanuels as its next Vice President of Lending. The selection follows an extensive search facilitated […] - [Lumin Digital and Rego Payment Architectures, Inc. Announce Strategic Partnership to Offer Youth Banking Solutions to Financial Institutions](https://thecreditunionconnection.com/lumin-digital-and-rego-payment-architectures-inc-announce-strategic-partnership-to-offer-youth-banking-solutions-to-financial-institutions/): Parent-controlled, COPPA-compliant family digital wallet product now available to Lumin customers  Lumin Digital (Lumin), a leading future-ready and cloud-native digital banking solution today announced a strategic partnership with Rego Payment Architectures, Inc. (\”REGO\”) (OTCQB: RPMT) to offer REGO\’s white-label family wallet to Lumin\’s network of financial institutions. Banks and credit unions that use Lumin\’s digital platform can launch a youth banking product using their brand that lets children spend, save, donate, and invest under the supervision and control of their parents. \”Lumin\’s partnership with REGO highlights our dedication to providing our financial institutional clients with innovative solutions that drive growth,\” said Sean […] - [Digital Align Inc. and SkyOne Federal Credit Union Launch Innovative CUSO to Future-Proof Credit Union Growth with AI Digital Agents](https://thecreditunionconnection.com/digital-align-inc-and-skyone-federal-credit-union-launch-innovative-cuso-to-future-proof-credit-union-growth-with-ai-digital-agents/): Scott Ko, CFO at SkyOne Federal Credit Union Digital Align Inc., a leader in Automation Intelligence, is thrilled to announce the launch of the Digital Agents Service Organization (DASO AI) in collaboration with SkyOne Federal Credit Union. DASO AI is poised to revolutionize credit union operations by introducing highly skilled, role-based digital agents designed to enhance member service and operational efficiency. Digital Agents Service Organization (DASO) is the result of Digital Align\’s extensive experience working with credit unions over the past decade, automating over 200+ workflow across multiple business units. Their deep expertise in discovering, building, deploying, and supporting these […] - [FINBOA Named \"Tech of the Future\" Winner of 2024 PayTech Awards USA](https://thecreditunionconnection.com/finboa-named-tech-of-the-future-winner-of-2024-paytech-awards-usa/): Intelligent payment dispute automation software recognized for fintech innovation FINBOA Inc., a leading provider of intelligent process automation for regulatory compliance in financial institutions, was selected as the \”Tech of the Future\” award winner in the 2024 PayTech Awards USA program. The 2024 PayTech Awards USA shine a spotlight on groundbreaking innovations and industry leaders that are shaping the future of payments. PayTech USA Awards describes the \”Tech of the Future\” honor as being awarded to a technology provider that is defining the future of payments; by demonstrating genuine innovation by using emerging technologies, practicing forward-thinking ideas and reimagining processes. […] - [Royal Opens New Student-Run Credit Union at North High School](https://thecreditunionconnection.com/royal-opens-new-student-run-credit-union-at-north-high-school/): On Wednesday, October 2, Royal Credit Union (Royal) held a ribbon cutting ceremony to celebrate their newly constructed office inside of North High School in Eau Claire, Wisconsin.  Royal has operated a student-run credit union at the school since 2005. The recent remodeling of the school provided an opportunity for Royal to create a brand-new space to engage with students. This new office was made possible by funding from the 2022 Eau Claire Area School District capital referendum and an investment from Royal. During the ceremony, Royal also made a $1,000 donation to the Eau Clare Public Schools Foundation.  School […] - [Naveo Credit Union raises $600 for Boston Children’s Hospital through the Miracle Jeans Day initiative](https://thecreditunionconnection.com/naveo-credit-union-raises-600-for-boston-childrens-hospital-through-the-miracle-jeans-day-initiative/): For the fourteenth consecutive year, Naveo Credit Union participated in the Miracle Jeans Day initiative to raise funds for Boston Children’s Hospital, its local Miracle Network hospital. During the month of September, Naveo joined hundreds of organizations and raised funds from employees and members. Naveo then matched the employee donations for a total donation of $600. Naveo participated in the Miracle Jeans Day initiative throughout the month of September, but designated Wednesday, September 11 as Miracle Jeans Day. Participants traded in their business attire for jeans and their favorite New England sports team shirt in exchange for a donation to […] - [PAHO/WHO FCU Proudly Supports 20th Annual PAHO Walk for Health](https://thecreditunionconnection.com/pahowho-fcu-proudly-supports-20th-annual-paho-walk-for-health/): PAHO/WHO Federal Credit Union supported and participated in the 20th Annual Pan American Health Organization (PAHO) Walk for Health. On Sunday, September 29, ten PAHO/WHO FCU employees volunteered to help with the event, which included games, giveaways and a 2.25 mile walk around Washington DC’s Foggy Bottom neighborhood. Hundreds of participants walked to help raise awareness of the importance of health and well-being.  “For over 75 years, it has been our honor to serve the employees, families and retirees of PAHO with the mission to help members of the global health community live better, healthier financial lives,” said Miguel Boluda, […] - [SECU Foundation Donates $3.75 Million in Disaster Relief to Aid Western North Carolina Communities](https://thecreditunionconnection.com/secu-foundation-donates-375-million-in-disaster-relief-to-aid-western-north-carolina-communities/): In response to the catastrophic flooding, landslides, and widespread destruction in Western North Carolina from Hurricane Helene, the SECU Foundation Board of Directors approved a $3.75 million disaster relief package to assist communities affected. Funding will be awarded to five organizations that have operations underway to immediately provide water, food, supplies, shelter, and other emergency services to those in need. Grantees include:  $1 million to Feeding the Carolinas $1 million to The Salvation Army of the Carolinas $1 million to Baptists on Mission $500,000 to the American Red Cross North Carolina $250,000 to Meals on Wheels North Carolina These funds […] - [SchoolsFirst Federal Credit Union Ranks Among ‘Best Credit Unions’ in Style Magazine Readers’ Choice Awards](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-ranks-among-best-credit-unions-in-style-magazine-readers-choice-awards/): Readers of Sacramento-region lifestyle magazine recognize SchoolsFirst FCU in three geographic categories SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, has been recognized as one of the best credit unions in each of three geographic regions by readers of Style Magazine in the publication’s 2024 Readers’ Choice Awards, celebrating the best local businesses and services as voted by its readers. Style Magazine is a Sacramento-region lifestyle magazine that serves the Folsom, El Dorado Hills, Roseville, Rocklin, Granite Bay, and Foothills communities. SchoolsFirst FCU was honored in the “Home and Finance” category in the following […] - [Evergreen Impact Housing Fund and Inland Group announce opening of Spanaway affordable housing apartments](https://thecreditunionconnection.com/evergreen-impact-housing-fund-and-inland-group-announce-opening-of-spanaway-affordable-housing-apartments/): Copper Way is now open to working families in Pierce County The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of its third project, Copper Way in Spanaway. The development brings more than 250 affordable housing units to the South Sound area, marking the completion of EIHF\’s first investment in Pierce County. Copper Way features 256 garden-style affordable units and prioritizes apartments for families. More than 80% of Copper Way\’s units have two or more bedrooms, including 80 three- and four-bedroom apartments built with families in mind. EIHF\’s first-of-its-kind financing structure enables developers to create more family-sized […] - [Global Credit Union Foundation Golf Tournament Raises $60,000 for Alaska Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-60000-for-alaska-nonprofits-1/): Geoff Lundfelt (pictured far left), President, Global Credit Union Foundation, and Noël Gabler (pictured far right), Executive Director, Global Credit Union Foundation, presented $25,000 each to Operation Homefront and Girls Scouts of Alaska. After the check presentation, an additional $5,000 was raised for each organization. A mountainous backdrop and beautiful tree-lined fairways set the stage for the Global Credit Union Foundation Fairway Friends Golf Tournament at the Anchorage Golf Course. The July 16 event brought business partners and golfers of every level to raise money for Girl Scouts of Alaska and Operation Homefront. By the end of the day, $60,000 was […] - [OneAZ Announces Acquisition of 1st Bank Yuma](https://thecreditunionconnection.com/oneaz-announces-acquisition-of-1st-bank-yuma/): Acquisition of the Yuma-headquartered bank with assets of $600 million substantially expands OneAZ’s footprint to Yuma and Santa Cruz Counties  OneAZ Credit Union and Western Arizona Bancorp, Inc., the holding company of 1st Bank Yuma, are thrilled to announce that they have entered into a definitive agreement in which OneAZ will acquire 1st Bank Yuma, assuming substantially all assets and liabilities, in an all-cash transaction. This transaction was unanimously approved by both the boards of directors of OneAZ and 1st Bank Yuma. Upon completion of the transaction, it will propel OneAZ to a total of over $4 billion in assets, […] - [GTE Financial Celebrates the Return of Blue Star Insurance LLC. to Town N’ Country,Expanding Comprehensive Insurance Solutions in Tampa Bay](https://thecreditunionconnection.com/gte-financial-celebrates-the-return-of-blue-star-insurance-llc-to-town-n-countryexpanding-comprehensive-insurance-solutions-in-tampa-bay/): GTE Financial, one of Tampa Bay\’s leading financial institutions, is proud to celebrate the reopening of Blue Star Insurance LLC. at their original Town N’ Country location. This milestone marks a significant expansion in GTE Financial\’s offerings following the acquisition of Blue Star Insurance Group Inc. in January 2023. Blue Star is dedicated to providing comprehensive auto, home, business, and life insurance solutions. August Hopf, Assistant Vice President of Insurance Agencies, shares his excitement about the opening, \”When GTE Financial acquired Blue Star, we seamlessly integrated into their headquarters. However, we quickly recognized the importance of face-to-face interactions for our […] - [Glia Launches Unified Interactions Index Online Calculator](https://thecreditunionconnection.com/glia-launches-unified-interactions-index-online-calculator/): Glia delivers a simple, guided digital process for banks and credit unions to benchmark and evaluate impact of service interactions Glia, the leader in customer interaction technology, today announced the launch of its Unified Interactions Index Calculator, providing a seamless, guided digital process for financial services companies to benchmark themselves against over 500 peer companies. The online calculator is based on Glia’s Unified Interactions Index, a new, more effective way for financial institutions to define and measure the value created by their customer interactions based on comparisons of efficiency, effectiveness and experience. The Interactions Index Calculator is now available from […] - [The Cooperative Credit Union Association Announces Partnership with FarWell to Enhance Credit Union Success](https://thecreditunionconnection.com/the-cooperative-credit-union-association-announces-partnership-with-farwell-to-enhance-credit-union-success/): The Cooperative Credit Union Association (CCUA) is proud to announce a new partnership with FarWell, a leading professional advisory services firm known for its custom, Right-Fit solutions that enable the successful delivery of projects and initiatives, as well as strategy development and support within the credit union industry. This partnership leverages FarWell’s deep industry knowledge and extensive experience, positioning them as trusted advisors within the credit union movement. With decades of experience, FarWell\’s advisors bring a wealth of expertise to credit unions, offering tailored solutions that address the unique challenges and opportunities within the industry. Key Areas of Support: Strategy […] - [Score Big with the New Orlando Magic and VyStar Credit UnionCo-Branded Visa® Credit Card](https://thecreditunionconnection.com/score-big-with-the-new-orlando-magic-and-vystar-credit-unionco-branded-visa-credit-card/): University of North Florida Students Collaborate on Marketing Campaign In a landmark partnership, VyStar Credit Union and the Orlando Magic are thrilled to announce the launch of a co-branded credit card, offering fans an unprecedented way to support and celebrate their team. This collaboration continues to bolster VyStar’s role as the Official Credit Union of the Orlando Magic, bringing exclusive benefits and experiences to its members. The partnership between VyStar and the Orlando Magic reflects both organizations’ commitment to fostering community spirit and development. By combining their strengths, VyStar and Orlando Magic are not only offering unique financial products but […] - [Further Launches Financial Resource Network](https://thecreditunionconnection.com/further-launches-financial-resource-network/): Network strengthens local economies, connecting consumers with local credit unions and merchants via pre-approved, community-focused financing Further has announced the launch of its financial resource network, designed to keep money within local communities by connecting consumers with their local credit unions through partnerships with local merchants and for ongoing access to financial resources. Today’s consumers often find financing disconnected from their shopping experience, burdened by long waits, complex forms, and uncertainty. Further bridges this gap by embedding local credit union-backed financing directly into the buying process on local merchant websites and at the point-of-sale. This empowers consumers to secure affordable […] - [Robins Financial Credit Union Stands Strong for Members in the Wake of Hurricane Helene](https://thecreditunionconnection.com/robins-financial-credit-union-stands-strong-for-members-in-the-wake-of-hurricane-helene/): Robins Financial is committed to supporting its members, who are recovering from the devastating impact of Hurricane Helene. The credit union has implemented several initiatives to aid those affected by the storm. \”Our hearts go out to all those who have been impacted by Hurricane Helene,\” said Christina O’Brien, President and CEO of Robins Financial. \”We understand the challenges our members are facing, and we are here to help them get back on their feet.\” Key initiatives for impacted members include: ·         Hurricane Assistance Loan: If members live in one of the impacted areas, upon qualification, they could receive a […] - [Valley First Credit Union Earns Prestigious Juntos Avanzamos Designation](https://thecreditunionconnection.com/valley-first-credit-union-earns-prestigious-juntos-avanzamos-designation/): Credit Union Receives National Recognition for Commitment to Hispanic/Latinx and Immigrant Communities Valley First Credit Union is proud to announce that it has obtained the distinguished Juntos Avanzamos designation. This designation underscores the credit union\’s commitment to empowering Hispanic/Latinx and immigrant consumers through dedicated financial services and community support. As Valley First Credit Union receives this accreditation and the Juntos Avanzamos flag will be shared as a symbol of ongoing commitment to financial inclusion and empowerment of minority populations, Valley First Credit Union will host a Juntos Avanzamos proclamation celebration on Thursday, October 10, from 4:30-7pm at its downtown Modesto […] - [FDIC Issues Policy Statement With Hardly a Whisper from Credit Unions](https://thecreditunionconnection.com/fdic-issues-policy-statement-with-hardly-a-whisper-from-credit-unions/): No, the FDIC isn’t the usual agency credit unions comment on its regulations, but the agency issued a Statement of Policy on Bank Merger Transactions that notes the credit union and fintech buys of banks. According to Honigman Partner Michael Bell, Esq., it shouldn’t change much for the credit union-bank buy process. He told The Credit Union Connection Founder/CEO Sarah Snell Cooke (WATCH THE VIDEO ) that credit unions already go through a rigorous regulatory process to be successful in these transactions. Bell added that credit unions also prove they go well above and beyond the basics of the Community […] - [Luminate Blazes New Path for Louisiana's Credit Unions](https://thecreditunionconnection.com/luminate-blazes-new-path-for-louisianas-credit-unions/): Today, the Louisiana Credit Union League unveiled its new branding to members during the Opening Ceremony of their Annual Convention. President and CEO, Juan Fernandez, electrified the audience with the announcement, accompanied by a captivating video sharing the details of the new branding.   This strategic rebranding initiative reflects the organization’s commitment to illuminating the path forward for credit unions across the state, enhancing their visibility, and strengthening their impact on local communities.  The rebranding process was guided by strategic partnerships with industry-leading firms, On the Mark Strategies and Vienna Creative. Both companies played a pivotal role in guiding League staff in […] - [TruWest® Credit Union Announces Chris Kearney as New President & CEO](https://thecreditunionconnection.com/truwest-credit-union-announces-chris-kearney-as-new-president-amp-ceo/): Kearney Officially Assumed Role on Oct. 1 Following Alan Althouse’s Retirement TruWest Credit Union proudly announced the official promotion of Chris Kearney to president and chief executive officer, effective Oct. 1. Kearney had served as president and chief information officer of TruWest since 2023, and this appointment marked the next chapter in TruWest’s leadership transition following the retirement of long-standing President and CEO Alan Althouse on Sept. 30. Kearney joined TruWest in 2012 as senior vice president & chief information officer, where he spearheaded numerous strategic initiatives that have modernized operations and enhanced the member experience. His promotion to CEO […] - [Backbase and Middesk Partner to Boost KYB Verification for Banks and Credit Unions](https://thecreditunionconnection.com/backbase-and-middesk-partner-to-boost-kyb-verification-for-banks-and-credit-unions/): Middesk’s integration will enable financial institutions to verify real businesses instantaneously, reducing fraud and ensuring compliance Backbase announced today an integration with Middesk, a business identity platform designed to automate business verification and underwriting decisions to help banks and credit unions to mitigate risk and reduce fraud. This partnership will streamline Know-Your-Business (KYB) efforts to ensure that banks and credit unions onboard only real and legitimate businesses in real-time. The financial sector has witnessed an increase in regulatory scrutiny, encouraging a greater focus on the need for thorough due diligence practices. Backbase’s Engagement Banking Platform’s integration with Middesk will provide […] - [MIT Federal Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/mit-federal-credit-union-selects-upstart-for-personal-lending/): MIT Federal Credit Union (MIT FCU) has announced a new partnership with Upstart (NASDAQ: UPST) to provide personal loans to new and existing members. “MIT Federal Credit Union focuses on providing quality financial services that improve the financial well-being and enrich the lives of our members,” said Rui Domingos, President & Chief Executive Officer at MIT Federal Credit Union. \”To expand our personal loan offering to meet the needs of more members, we looked for, and found, a trusted partner in Upstart to complement our loan and membership growth.” MIT Federal Credit Union started lending as a partner on the […] - [Sea West Coast Guard FCU Selects Michael Kenny as Next CEO](https://thecreditunionconnection.com/sea-west-coast-guard-fcu-selects-michael-kenny-as-next-ceo/): Sea West Coast Guard Federal Credit Union has selected Michael Kenny as its next President/CEO. “On behalf of the Sea West members, the Board engaged DDJ Myers to conduct a thorough search for our next CEO. We are delighted to report that we found the best fit for the position in our own Michael Kenny,” says Jerry Doherty, Board Chair. Kenny brings over 30 years of senior level executive management experience in finance to his new position, including nearly a dozen years spent as Vice President, Lending for Sea West Coast Guard FCU. Throughout his career, Kenny has also held […] - [Library of Congress Federal Credit Union Raises $1,500 for Alzheimer’s Association Walk to End Alzheimer’s®](https://thecreditunionconnection.com/library-of-congress-federal-credit-union-raises-1500-for-alzheimers-association-walk-to-end-alzheimers/): The Library of Congress Federal Credit Union proudly supported and participated in this year’s annual Alzheimer’s Association Walk to End Alzheimer’s®. On Saturday, September 28, Library of Congress FCU’s team, the “Library Legends,” joined hundreds of others in the largest event to raise funds and awareness for the care, support and research efforts of the Alzheimer’s Association®. The Library of Congress FCU team raised $1,500 for the cause. \”We are proud to do our part in helping the Alzheimer’s Association raise awareness of this devastating disease,\” said Jennifer Hurst, President and CEO of Library of Congress FCU. “Deepest appreciation for […] - [Intrepid Credit Union Partners with Alkami to Launch New Digital Banking Platform](https://thecreditunionconnection.com/intrepid-credit-union-partners-with-alkami-to-launch-new-digital-banking-platform/): Members will benefit from an enhanced digital banking experience and security Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it has partnered with Intrepid Credit Union to launch Alkami\’s Digital Banking Platform designed to offer members an enhanced digital banking experience. The upgrade represents a significant leap forward to provide new tools and features for Intrepid Credit Union\’s members to empower them on their financial journey and deliver a best-in-class user experience. The Alkami Digital Banking Platform provides Intrepid Credit Union with intuitive self-service tools and […] - [Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders ](https://thecreditunionconnection.com/tyfone-fingoal-partner-to-deliver-personalized-financial-insights-to-account-holdersnbsp/): Digital banking solutions provider Tyfone today announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders.   FinGoal’s Insight Platform turns transaction data into highly detailed personas and next best actions for every account holder.  Going beyond the standard of merely cleaning transactions with logos, categories and clear descriptions, FinGoal’s Next Best Actions increases conversion rates, lifetime value and engagement across digital banking solutions. Its solution is already being utilized by a portion of Tyfone’s customer base, with more clients set to join soon.   “The better an institution knows its users, […] - [National Credit Union Foundation Announces 2025 Herb Wegner Memorial Award Winners](https://thecreditunionconnection.com/national-credit-union-foundation-announces-2025-herb-wegner-memorial-award-winners/): MADISON, WI (October 2, 2024) – The National Credit Union Foundation (the Foundation) has announced the recipients of the 2025 Herb Wegner Memorial Awards for Outstanding Individual Achievement and Outstanding Program; Teri Robinson, Michael Valentine, Deborah Wege, and Maine Credit Unions’ Campaign for Ending Hunger. The honorees will be celebrated at the annual Foundation Dinner on March 3rd, 2025, at the Marriot Marquis in conjunction with the America’s Credit Unions Governmental Affairs Conference (GAC). Sponsorships and tickets for this black-tie optional dinner will be available mid-October. There are a variety of noteworthy sponsorship and ticket opportunities for this fundraising gala […] - [Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricane Helene](https://thecreditunionconnection.com/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-on-supervisory-practices-regarding-financial-institutions-affected-by-hurricane-helene/): The Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, the Office of the Comptroller of the Currency, and state financial regulators, collectively the agencies, recognize the serious impact of Hurricane Helene on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities. A complete list of the current disaster areas can be found at https://www.fema.gov/disaster/declarations(Opens new window). Lending: The agencies encourage financial institutions to work constructively […] - [More Than 8 Tons Shredded at Summit Credit Union’s ShredFest](https://thecreditunionconnection.com/more-than-8-tons-shredded-at-summit-credit-unions-shredfest/): Summit Credit Union, a member-owned financial cooperative, hosted its annual ShredFest on September 28. Held in partnership with the Better Business Bureau Serving Wisconsin and Pellitteri Waste Systems, the free event helps protect citizens and Summit’s members against identify theft by shredding paperwork that contains personally identifiable information such as Social Security numbers, banking information, bills, credit card statements, documents that include signatures and more. More than 350 vehicles pulled through Summit’s headquarters in Cottage Grove to drop-off up to three boxes of material for shredding. Two shred trucks were on hand and 8.3 tons was shredded and recycled. “ShredFest […] - [TopLine Financial Credit Union Partners with Federal Home Loan Bank of Des Moines to Offer a New Mortgage Rate Relief Program](https://thecreditunionconnection.com/topline-financial-credit-union-partners-with-federal-home-loan-bank-of-des-moines-to-offer-a-new-mortgage-rate-relief-program/): TopLine Mortgage Services offer a new mortgage program to help members achieve homeownership dreams TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, partnered with Federal Home Loan Bank of Des Moines, a member-owned cooperative that provides funding solutions, to help make homebuying and refinancing more affordable for members by offering a new Mortgage Rate Relief Program. The new Mortgage Rate Relief Program offered qualified applicants an approximate 2% interest rate reduction off the current market rate and was available to homebuyers or existing homeowners earning up to 80% of area median income (AMI), based on the Federal […] - [ACUM Honors 2024 HERSTORY Inductees](https://thecreditunionconnection.com/acum-honors-2024-herstory-inductees/): America\’s Credit Union Museum (ACUM) honored the 2024 inductees to the exhibit \”Credit Union Women Making History: Herstory\”. This induction notes the third annual event honoring amazing women making a difference in the credit union industry. The event and exhibit are sponsored in part by Cooperative Credit Union Association, the Illinois Credit Union League/Envisant, and Velera. Inductees honored this year included: Donna Bland, President/CEO, Golden 1 Credit Union, CA Crystal Long, President/CEO, GECU, TX Judy McCartney, Retired President & CEO, Orange County\’s Credit Union, CA Tansley Stearns, President/CEO, Community Financial Credit Union, MI Joanne Todd, President, Northeast Family Federal Credit […] - [Prizeout Partners CUSO Gains Momentum; Welcomes Golden 1 Credit Union, Coastal Credit Union, and Municipal Credit Union](https://thecreditunionconnection.com/prizeout-partners-cuso-gains-momentum-welcomes-golden-1-credit-union-coastal-credit-union-and-municipal-credit-union/): Prizeout expands reach in credit union space; new partnerships provide 2M+ more members access to cutting-edge rewards while providing credit unions new revenue streams and member acquisition tools Prizeout is excited to announce the addition of three leading credit unions – Golden 1 Credit Union, Coastal Credit Union, and Municipal Credit Union, to the Prizeout Partners credit union organization (CUSO). Through this partnership, an additional 2M+ members will now have access Prizeout\’s new CashBack+ suite of products. “We are thrilled to welcome Golden 1, Coastal, and Municipal Credit Unions to the Prizeout Partners CUSO,” said David Metz, Founder and CEO […] - [PenFed Foundation Partners with Homeward Trails Animal Rescue to Pay Pet Adoption Fees for Military Families and Support Pets Impacted by Flooding in North Carolina](https://thecreditunionconnection.com/penfed-foundation-partners-with-homeward-trails-animal-rescue-to-pay-pet-adoption-fees-for-military-families-and-support-pets-impacted-by-flooding-in-north-carolina/): $25,000 matching grant supports efforts to rehome pets impacted by Hurricane Helene The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union announced it is providing a $25,000 matching grant to Homeward Trails Animal Rescue to pay pet adoption fees for military families and support pets impacted by Hurricane Helene in North Carolina. Homewards Trails is rescuing pets that urgently need to be adopted or fostered. Pets currently available for adoption through Homeward Trails. Military families nationwide can apply to adopt pets and approved adoption fees will be waived for approved applicants who will also receive a free welcome package. […] - [SRM Announces the Hire of Consumer Deposits and Payments Expert Leanne Lange](https://thecreditunionconnection.com/srm-announces-the-hire-of-consumer-deposits-and-payments-expert-leanne-lange/): SRM (Strategic Resource Management), a trusted advisory firm serving financial institutions globally, announced that Leanne Lange is joining the business and will serve as the Managing Director within the Banking and Payments practice, supporting growth initiatives and client services. Leanne brings over 25 years of extensive experience in consumer deposits and payments product management. Before joining SRM, Lange had a notable tenure at M&T Bank, specializing in debit card and ATM products. Her responsibilities spanned a broad range of critical areas, including managing network and vendor relationships, driving innovation in emerging payments, and developing strategies for consumer checking growth and […] - [SDCCU Lift Up Literacy Book Drive is Collecting Books to Support Local Literacy Efforts Led by San Diego County Library](https://thecreditunionconnection.com/sdccu-lift-up-literacy-book-drive-is-collecting-books-to-support-local-literacy-efforts-led-by-san-diego-county-library-1/): Throughout October, donate new or like-new books at SDCCU branches in San Diego County  San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, has partnered with the San Diego County Library (SDCL) to host a book drive aimed at promoting literacy throughout San Diego County. Throughout October, SDCCU’s second annual Lift Up Literacy campaign will collect new and like-new books at all of San Diego County’s convenient SDCCU branch locations. Donations will be distributed by SDCL, adding to its valued community resources. Community donations will support SDCL initiatives dedicated to increasing access to reading throughout […] - [Teachers Federal Credit Union Sets Goal to Raise $150,000 for the American Cancer Society Making Strides Against Breast Cancer](https://thecreditunionconnection.com/teachers-federal-credit-union-sets-goal-to-raise-150000-for-the-american-cancer-society-making-strides-against-breast-cancer/): Funds Raised Will Support Life-Saving Research and Essential Programs for Breast Cancer Survivors, Thrivers, and Caregivers Teachers Federal Credit Union, one of the largest credit unions in the United States with more than $9.8 billion in assets and over 460,000 members nationwide, is proud to return for its third year as the Presenting Sponsor of American Cancer Society Making Strides Against Breast Cancer Long Island. With a corporate pledge of $75,000, the credit union is kicking off an organizational-wide fundraising effort to help the American Cancer Society support breast cancer survivors, thrivers, and caregivers nationwide. “At Teachers Federal Credit Union, […] - [Steph Sherrodd Named As One Of New Mexico’s Top 50 Women Leaders](https://thecreditunionconnection.com/steph-sherrodd-named-as-one-of-new-mexicos-top-50-women-leaders/): Sandia Laboratory Federal Credit Union President and CEO recognized as part of Women We Admire’s 2024 rankings Steph Sherrodd, Sandia Laboratory Federal Credit Union (SLFCU) President and CEO, has been named to The Top 50 Women Leaders in New Mexico for 2024 by Women We Admire, a publication dedicated to recognizing the achievements of exceptional women across industries. Sherrodd joined SLFCU in January of 2022 with more than 25 years of credit union experience, coming from Houston, TX, where she served as President and CEO for Texas Dow Employees Credit Union from 2012 to 2021, helping to grow the organization to […] - [Homebase Federal Credit Union Selects Mahalo Banking to Support Core Conversion](https://thecreditunionconnection.com/homebase-federal-credit-union-selects-mahalo-banking-to-support-core-conversion-1/): Credit union chooses digital banking solution to improve core data ownership and create seamless member experience Mahalo Banking today announced its new partnership with Prince George, Va.-based Homebase Federal Credit Union (‘Homebase FCU’). The credit union selected Mahalo’s online and mobile banking solution to ensure a deep integration with its new core provider, Corelation Keystone, as well as offer members a highly advanced digital banking solution. In its transition to Corelation, Homebase FCU conducted an extensive evaluation of its systems and reviewed multiple digital banking providers. The credit union selected Mahalo’s platform to gain greater customization and flexibility through its […] - [Minnequa Works Credit Union Supports Breast Cancer Awareness with October Campaign Benefiting Dorcy Cancer Center and St. Mary Corwin Health Foundation](https://thecreditunionconnection.com/hello-world/): In recognition of Breast Cancer Awareness Month, Minnequa Works Credit Union is launching a special community initiative - [Desert Financial Achieves 1,600% Higher Participation in Upfront Tuition Program vs. Traditional Programs](https://thecreditunionconnection.com/desert-financial-achieves-1600-higher-participation-in-upfront-tuition-program-vs-traditional-programs/): Fifty Employees Graduate with Bachelor\’s or Master\’s Degrees on Fourth Anniversary of InvestED Education Program Arizona\’s largest local credit union, Desert Financial, has achieved a 32% participation rate in its education program, InvestED, on the program\’s four-year anniversary – 1,600% higher than the 2% participation average for a traditional tuition reimbursement program. InvestED allows eligible full-time employees to enroll in 200 online programs, including undergraduate and graduate degrees from Arizona State University and certificates from leading institutions, with tuition costs covered upfront. Graduate degrees are covered up to $10,500 per calendar year. \”The success of InvestED is a testament to our ambitious […] - [Financial Plus Credit Union Teams Up with iGrad to Offer the  Enrich Personalized Financial Wellness Program](https://thecreditunionconnection.com/financial-plus-credit-union-teams-up-with-igrad-to-offer-thenbsp-enrich-personalized-financial-wellness-program/): Financial Plus Credit Union has teamed up with San Diego-based financial education company iGrad to offer the award-winning Enrich™ financial wellness platform to its more than 82,000  members across the state of Michigan. Enrich is available at no cost to consumers, who can access the platform by visiting https://myfpcu.enrich.org/ and creating an account with their email address.  The new platform provides:  • The Your Money Personality™ financial behavior assessment that analyzes each user’s financial “personality.”  • Financial education courses with personalized action plans on topics including budgeting, mortgages, healthcare, college savings, student loan repayment, banking,credit, financial planning, and more.  • Gamified, interactive […] - [Members First CU Launches Joy in Teaching Grants Supporting MI Educators](https://thecreditunionconnection.com/members-first-cu-launches-joy-in-teaching-grants-supporting-mi-educators/): Members First Credit Union (M1) is excited to announce the launch of its Joy in Teaching Grants program, designed to provide financial assistance to educators across Michigan. With a total of $20,000 available, the program will award 40 grants of $500 each to support classroom projects that enhance the educational experience for students. Classroom resources are essential for fostering enriching educational experiences, but school budgets often fall short. The Joy in Teaching Grants help bridge this gap, giving educators access to additional funds so they can enhance their students\’ learning environments without bearing the financial strain themselves. “Supporting teachers is […] - [GTE Financial Triumphs with Bronze Marketing Association of Credit Unions Award for Culture/Internal Branding for Compliance Week](https://thecreditunionconnection.com/gte-financial-triumphs-with-bronze-marketing-association-of-credit-unions-award-for-cultureinternal-branding-for-compliance-week/): GTE Financial, a leading credit union in Tampa Bay, was honored this month with the prestigious Bronze Marketing Association of Credit Unions (MAC) Award for Culture/Internal Branding. This recognition came during the annual MAC Awards, celebrating innovative marketing achievements within the credit union industry. GTE Financial received this esteemed award for its innovative approach to Compliance Week, an initiative designed to underscore the significance of compliance through engaging and informative activities. This year marked the first-ever Compliance Week at GTE Financial, aiming to foster a culture of compliance and ethical business practices. \”We are thrilled to be recognized by the […] - [Royal Credit Union Contributes $15,000 to Local Food Shelves in Support of Hunger Action Month](https://thecreditunionconnection.com/royal-credit-union-contributes-15000-to-local-food-shelves-in-support-of-hunger-action-month/): Royal Credit Union (Royal) is proud to announce donations totaling $15,000 to local food assistance programs to support efforts in combating food insecurity in our communities in recognition of Hunger Action Month this September. This contribution aims to provide critical assistance to those in need and highlight the ongoing challenges of hunger that affect many individuals and families. “Hunger is a pressing issue that affects our communities year-round,” said Melissa Janssen, Program Director of Community Relations at Royal. “Our goal is to contribute meaningfully to food security initiatives and support the incredible work being done by our local food shelves. […] - [Breaking Ground on a New Branch in Mansfield for Texas Trust Credit Union](https://thecreditunionconnection.com/breaking-ground-on-a-new-branch-in-mansfieldnbspfor-texas-trust-credit-union/): Creating a more inviting environment that focuses on relationship building and consultation will be two key benefits of the new Texas Trust Credit Union branch in Mansfield. The credit union broke ground today on a 2,500-square-foot facility, located at Highway 360 and U.S. 287. It will feature an open concept that allows for more comfortable and relaxed conversations about members’ financial matters, along with concierge-style services tailored to member needs. Mansfield council member Juan Fresquez and Mayor Michael Evans helped Texas Trust CEO Jim Minge break ground on the credit union\’s new branch. The full-service branch will be staffed with universal […] - [On Tap Credit Union Supports Local Community with Habitat for Humanity Volunteer Efforts and Blood Drive](https://thecreditunionconnection.com/on-tap-credit-union-supports-local-community-with-habitat-for-humanity-volunteer-efforts-and-blood-drive/): On Tap Credit Union, a leading financial cooperative in the local community, is proud to announce its continued commitment to giving back through recent volunteer initiatives, including a team build with Habitat for Humanity and a successful employee-led blood drive. These efforts reflect the credit union’s ongoing dedication to supporting the communities it serves. Habitat for Humanity Partnership On Tap Credit Union employees recently participated in a Habitat for Humanity build, contributing time and energy to help provide safe and affordable housing for families in need. A group of dedicated team members rolled up their sleeves to assist in constructing […] - [MeridianLink to Highlight Company’s Digital Progression Model at Jack Henry Connect 2024](https://thecreditunionconnection.com/meridianlink-to-highlight-companys-digital-progression-model-at-jack-henry-connect-2024/): Wes Zauner will share recent successes from financial institutions that have adopted a data-driven decision-making approach to boost growth and improve consumer satisfaction. MeridianLink®, (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Wes Zauner, Vice President of Product, will be presenting during the second day of Jack Henry™ Connect at the Phoenix Convention Center in Phoenix, AZ. Attendees can join the session titled \”Getting Ready for Tomorrow: Practical Steps to Digital Progression\” at 11 a.m. on October 8, where Zauner will showcase how financial institutions of all sizes and […] - [Kevin Brower Joins SCU Credit Union as Chief Commercial & Consumer Officer](https://thecreditunionconnection.com/kevin-brower-joins-scu-credit-union-as-chief-commercial-amp-consumer-officer/): SCU Credit Union welcomes Kevin Brower as the new Chief Commercial & Consumer Officer. His 25 years of experience in commercial lending will be a strategic advantage for local businesses looking to expand, lower their funding costs, and improve their operating efficiency. In addition to his distinguished career, Kevin has been actively involved in the Brockton community. He serves on the board of the Old Colony YMCA Family Services Division, was involved with the Downtown Brockton Association as a member and past Chair, served as a Loan Committee Member for Brockton Restaurant Infrastructure Fund, and previously chaired the Brockton Venture […] - [Michigan State University Federal Credit Union Leverages Origence’s Platforms to Streamline Processes and Support Growth Initiatives](https://thecreditunionconnection.com/michigan-state-university-federal-credit-union-leverages-origences-platforms-to-streamline-processes-and-support-growth-initiatives/): Michigan State University Federal Credit Union (MSUFCU) partners with Origence, the leading lending technology solutions provider for credit unions, to streamline processes and enhance its financial services as it continues to expand. This strategic collaboration aims to leverage Origence’s arc OS and arc DX platforms for both loans and account opening. The platform will enable MSUFCU to optimize its workflow, enhancing the member experience with a system that is both efficient and easy to maintain.   For more than a decade, MSUFCU customized its core system to scale for its needs. In that time, it continued to grow, acquiring another credit union and […] - [Paze Hits Major Milestone: 125 million Credit and Debit Cardholders Can Check Out Online](https://thecreditunionconnection.com/paze-hits-major-milestone-125-million-credit-and-debit-cardholders-can-check-out-online/): New online checkout solution available to credit and debit cardholders at Bank of America, Capital One, Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo  Paze SM, a new online checkout solution from Early Warning Services, LLC., (EWS) is now available for more than 125 million credit and debit cards across the United States. To enroll, eligible customers must activate their Paze digital wallet from their participating banks\’ mobile app or when checking out at a participating online retailer. In addition to this milestone, Serge Elkiner joins as Paze general manager to lead the product into its next phase of growth.  Paze, […] - [USALLIANCE Financial Partners With MarkIII to Expand Access to Credit](https://thecreditunionconnection.com/usalliance-financial-partners-with-markiii-to-expand-access-to-credit/): USALLIANCE Financial is excited to announce a partnership with MarkIII, a leading provider of embedded lending enablement solutions for credit unions. Through this collaboration, USALLIANCE will leverage MarkIII\’s platform to enhance credit accessibility for its members while streamlining the loan approval process. “This partnership aligns with our commitment to sustainable member growth and is an important step in helping us deliver more for our members,” said Alex Schmidt, Chief Lending Officer of USALLIANCE Financial. “MarkIII allows us to approve more borrowers confidently and achieve our ROA targets, capital relief, and new member growth goals. The integration with MarkIII will deliver […] - [People’s Credit Union Supports Annual Broadway Street Fair in Newport as Presenting Sponsor](https://thecreditunionconnection.com/peoples-credit-union-supports-annual-broadway-street-fair-in-newport-as-presenting-sponsor/): People’s Credit Union will be the Presenting Sponsor of the seventh annual Broadway Street Fair (BSF) in Newport, RI. A celebration of Newport’s Local Broadway District, the Street Fair will be held on Saturday, October 12, 2024, with over 200 merchants, artists, and food vendors lining Broadway beginning at 11:30 a.m. Free and open to the public, musical performances by local bands and entertainers such as James Montgomery, Steve Smith and the Nakeds, Ryan Lee Crosby, Soulshot, and The Winehouse Project, as well as the Providence Drum Troupe, will start at noon. Sean Daly, Head of People’s Credit Union, explained, […] - [CFPB Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection](https://thecreditunionconnection.com/cfpb-takes-aim-at-double-billing-and-inflated-charges-in-medical-debt-collection/): Debt collectors may not collect on inaccurate, unsubstantiated, or invalid medical bills Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to prevent families from being targeted by illegal medical debt collection tactics. The advisory opinion clarifies that debt collectors, which may include third-party “revenue cycle management” companies, are violating federal law when they collect on inaccurate or legally invalid medical debts. These illegal practices include double-dipping to get paid for services already covered by insurance, hounding consumers to pay fake or exaggerated charges, misrepresenting consumers’ rights to contest bills, and collecting on debts without documentation that the amount is […] - [Former POPi/o Co-Founder Tim Pranger Unveils Industry’s First Smart Financial Calculator for Credit Unions and Banks](https://thecreditunionconnection.com/former-popio-co-founder-tim-pranger-unveils-industrys-first-smart-financial-calculator-for-credit-unions-and-banks/): Appli’s industry-first AI-powered lending tool personalizes the borrowing experience, boosting confidence and conversions Appli, a financial technology AI startup, today announced the launch of the first-ever smart financial calculator designed to reshape how lenders and marketers interact with potential borrowers online. The brainchild of Tim Pranger, co-founder of video banking pioneer POPi/o, Appli\’s tool is the first in the industry to allow financial institutions to create engaging, AI-powered personalized experiences directly on their websites or apps.  “Appli is flipping the script on how lenders and marketers connect with potential borrowers online,” said Tim Pranger, CEO of Appli. “Our smart financial […] - [Jack Henry Cybersecurity and Fraud Forum Expands to Meet Growing Demand](https://thecreditunionconnection.com/jack-henry-cybersecurity-and-fraud-forum-expands-to-meet-growing-demand/): Educational road tour announces new locations, expands focus for more comprehensive strategy Jack Henry™ (Nasdaq: JKHY) is launching its annual Cybersecurity and Fraud Forum on October 7, 2024, at Jack Henry Connect. The forum will then visit six cities across the country in an expanded road tour intended to help community and regional financial institutions\’ sharpen their security and fraud mitigation plans. The forum brings financial institution peers and risk experts together to simulate a cybersecurity incident and work through real-time responses. This season\’s educational theme, Know Your Adversary: Safer. Smarter. Together, will focus on fraud mitigation and include case studies and best practices for scalable, cloud-first infrastructure. After Jack Henry […] - [Addition Financial Credit Union Named One of Central Florida’s “Top Workplaces” in 2024](https://thecreditunionconnection.com/addition-financial-credit-union-named-one-of-central-floridas-top-workplaces-in-2024/): Annual Award from Orlando Sentinel Media Group is Based on Employee Feedback Addition Financial Credit Union has been awarded a Top Workplaces 2024 honor by the Orlando Sentinel Media Group. This annual list of Top Workplaces in Central Florida is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. For 2024, 3,193 organizations in Central Florida were invited to survey their employees and 129 earned recognition as Top Workplaces based on employee feedback. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from […] - [Global Credit Union Foundation Golf Tournament Raises $60,000 for Alaska Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-60000-for-alaska-nonprofits/): A mountainous backdrop and beautiful tree-lined fairways set the stage for the Global Credit Union Foundation Fairway Friends Golf Tournament at the Anchorage Golf Course. The July 16 event brought business partners and golfers of every level to raise money for Girl Scouts of Alaska and Operation Homefront. By the end of the day, $60,000 was raised to help these nonprofits continue their work in the community.  Geoff Lundfelt (pictured far left), President, Global Credit Union Foundation, and Noël Gabler (pictured far right), Executive Director, Global Credit Union Foundation, presented $25,000 each to Operation Homefront and Girls Scouts of Alaska. After […] - [Homebase Federal Credit Union Selects Mahalo Banking to Support Core Conversion](https://thecreditunionconnection.com/homebase-federal-credit-union-selects-mahalo-banking-to-support-core-conversion/): Credit union chooses digital banking solution to improve core data ownership and create seamless member experience Mahalo Banking today announced its new partnership with Prince George, Va.-based Homebase Federal Credit Union (‘Homebase FCU’). The credit union selected Mahalo’s online and mobile banking solution to ensure a deep integration with its new core provider, Corelation Keystone, as well as offer members a highly advanced digital banking solution. In its transition to Corelation, Homebase FCU conducted an extensive evaluation of its systems and reviewed multiple digital banking providers. The credit union selected Mahalo’s platform to gain greater customization and flexibility through its […] - [Digital Federal Credit Union and First Tech Federal Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/digital-federal-credit-union-and-first-tech-federal-credit-union-announce-intent-to-merge/): Combined entity will provide members an unrivaled digital experience, a coast-to-coast branch network with expanded member service hours, and access to premier financial products and advisors. Digital Federal Credit Union (DCU) and First Tech Federal Credit Union (First Tech) announce their intent to combine through a merger of equals for the benefit of members, employees, and communities. Following completion of the merger, which is subject to approval from the National Credit Union Administration (NCUA) and First Tech\’s membership, the new entity will emerge as a $28.7 billion credit union serving nearly two million members with more than 50 branches in […] - [Maine Credit Unions Launch Challenge to Fight Hunger](https://thecreditunionconnection.com/maine-credit-unions-launch-challenge-to-fight-hunger/): October fundraiser aims to raise funds and awareness about food insecurity in Maine Credit unions in Maine are deeply committed to addressing food insecurity in the state they call home. In addition to raising thousands of dollars each year to combat hunger, credit unions work hard to generate awareness about food insecurity in the communities they serve. As part of their longstanding efforts, Maine credit unions are proud to announce the launch of their fifth annual $100,000 Ending Hunger Challenge. Throughout the month of October, Maine Credit Unions’ Campaign for Ending Hunger will be working to raise $100,000 to provide […] - [Purdue Federal Credit Union Named a Bronze Bicycle Friendly Business](https://thecreditunionconnection.com/purdue-federal-credit-union-named-a-bronze-bicycle-friendly-business/): The League of American Bicyclists recently recognized Purdue Federal Credit Union with a Bronze Bicycle Friendly Business (BFB) award, earning it a place alongside more than 1,300 businesses across the country contributing to the movement to build a more Bicycle Friendly America for everyone. We’re thrilled to recognize this round of new and renewing Bicycle Friendly Businesses that are not just supporting cycling but are actively weaving it into the fabric of their communities,\” said Bill Nesper, executive director of the League of American Bicyclists. \”When businesses invest in better biking, they invest in people—employees, customers, and community members alike. […] - [Register Now for Nov. 7 FFIEC IT Handbook Webinar](https://thecreditunionconnection.com/register-now-for-nov-7-ffiec-it-handbook-webinar/): The Federal Financial Institutions Examination Council (FFIEC) is hosting a webinar on November 7 to discuss the new FFIEC IT Examination Handbook Development, Acquisition, and Maintenance Booklet. Online registration for this industry outreach event is now open. The webinar is scheduled to begin at 3 p.m. Eastern and is expected to run approximately one hour. If you are unable to hear the audio portion of the event through the link above, the following number can be used as a backup: 202.735.3323 (toll number) or 888.978.8818 (toll free number); access code 5198894#. The FFIEC members revised and renamed the Development and […] - [TopLine Financial Credit Union Participates in Its 8th Statewide Day of Kindness](https://thecreditunionconnection.com/topline-financial-credit-union-participates-in-its-8th-statewide-day-of-kindness/): Minnesota credit unions joined forces to spread kindness across the state on Monday, October 14. TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, was one of the 60 credit unions and partner organizations across the state of Minnesota who participated in an orchestrated day, called CU Forward Day. A state-wide initiative of over 3,000+ credit union employees, members and partners coming together to do one simple thing – spread kindness and encourage others to do the same. TopLine has been participating in this collaborative credit union event since 2016, referred to as “CU Forward Day,” which is […] - [Money magazine names Veridian among Best Banks and Credit Unions in the Midwest for second consecutive year](https://thecreditunionconnection.com/money-magazine-names-veridian-among-best-banks-and-credit-unions-in-the-midwest-for-second-consecutive-year/): For the second consecutive year, Money magazine has named Veridian Credit Union among the top five Best Banks and Credit Unions in the Midwest. Veridian was recently recognized for offering the “Best Customer Satisfaction” in the 12-state region, including Michigan, Ohio, Indiana, Illinois, Wisconsin, Minnesota, North Dakota, South Dakota, Iowa, Nebraska, Kansas and Missouri. In 2023, Veridian was included in Money’s Midwest ranking for offering the Best Rates, specifically noting its Premium Plus Checking. “As a credit union, Veridian’s customers are members and owners in our cooperative,” said Veridian’s President and CEO Renee Christoffer. “That structure is intentionally designed to […] - [Verity Credit Union Receives Second Grant from the U.S. Treasury to Serve Marginalized Communities](https://thecreditunionconnection.com/verity-credit-union-receives-second-grant-from-thenbspus-treasury-to-serve-marginalized-communities/): CDFI Fund Grant Empowers Development of Financial Services for Marginalized Communities Verity Credit Union announced today that it has received a $725,000 Financial Assistance (FA) grant from the U.S. Treasury’s Community Development Financial Institution (CDFI) fund, providing monetary services and products for low-income and underserved individuals.  This grant further empowers Verity to continue deepening its mission as a Community Development Financial Institution (CDFI), serving communities that have been historically excluded from inclusive and affordable financial services. The FA grant was awarded to 357 CDFIs, including Verity, to empower them to grow, achieve organizational sustainability, and contribute to revitalizing low-income and […] - [SWIVEL Named PayTech Award USA 2024 Winner for “Top Innovation in Payments – Solutions for Banks & FIs”](https://thecreditunionconnection.com/swivel-namednbsp-paytech-award-usa-2024nbspwinner-for-top-innovation-in-payments-solutions-for-banks-amp-fis/): SWBC’s SWIVEL Transactions, LLC, a leading fintech company specializing in integrated transaction enablement solutions, has been named a  PayTech Awards USA 2024 winner in the category for “Top Innovation in Payments – Solutions for Banks & FIs,” recognizing its Transaction Enablement™ platform. Produced by FinTech Futures, the PayTech Awards USA celebrates the excellence and innovation in the rapidly evolving U.S. payments technology market, honoring the achievements of the companies and leaders advancing this dynamic sector. A recognized paytech leader in transaction enablement, SWIVEL helps financial institutions, K-12 education institutions and the companies that support them optimize and simplify their transaction […] - [NCUA Letter to Credit Unions (24-CU-02) Board of Director Engagement in Cybersecurity Oversight](https://thecreditunionconnection.com/ncua-letter-to-credit-unions-24-cu-02-board-of-director-engagement-in-cybersecurity-oversight/): Dear Boards of Directors and Chief Executive Officers: The frequency, speed, and sophistication of cyberattacks have increased at an exponential rate. Foreign adversaries and cyber-fraudsters continue to target all sectors of our nation’s critical infrastructure — including credit unions and other financial institutions. From September 1, 2023, the effective date of the NCUA’s cyber incident notification rule, through August 31, 2024, federally insured credit unions reported 1,072 cyber incidents. Seven out of ten of these cyber incident reports were related to the use or involvement of a third-party vendor. A recent ransomware attack on a credit union has been attributed […] - [Hurricanes Were an Influence on Debit and Credit Spending Decreases: Velera](https://thecreditunionconnection.com/the-velera-payments-index-october-2024/): Today, Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the October edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. Consumer spending further softened in September, with decreases for both debit and credit. Influencing these lower consumer spending were regional impacts from Hurricane Helene in the southeastern states, namely Florida, North Carolina, South Carolina, Tennessee and Georgia, and the continued impact of lower gasoline prices. In much anticipated news, […] - [Register Now for NCUA’s Webinar on Small and MDI Credit Union Support](https://thecreditunionconnection.com/register-now-for-ncuas-webinar-on-small-and-mdi-credit-union-support/): Small and minority depository institution credit unions face some unique challenges, and the National Credit Union Administration will host a November 7 webinar to discuss how the agency can help them meet those challenges. Online registration for this webinar, “Working with Your Regulator: Small Credit Union and MDI Support Program,” is now open. The webinar is scheduled to begin at 1:30 p.m. Eastern and is expected to run approximately one hour. A panel of three NCUA staffers—supervisory examiner Anthony Manuel, principal examiner Tyler Dunnam, and instruction systems specialist Ron Goode—will cover topics including: The Small Credit Union and MDI Support […] - [Affinity Plus Foundation Champions Housing Stability with $140,000 in Local Grants](https://thecreditunionconnection.com/affinity-plus-foundation-champions-housing-stability-with-140000-in-local-grants/): 14 Minnesota organizations receive donations to help address homelessness and the barriers to achieving stable housing As part of its mission to end cycles of financial inequity, the Affinity Plus Foundation is proud to announce the recipients of its 2024 Housing Stability Grants. Fourteen organizations throughout Minnesota will receive a total of $140,000 to advance their work in addressing homelessness, breaking down barriers to achieving stable housing and providing support for low-income first-time homebuyers. “Without a stable home, it’s nearly impossible to break down financial disparities in underserved communities,” said Jessica Volkmann, Board Chair of the Affinity Plus Foundation. “By […] - [North Island Credit Union Celebrates ‘One World Through Cooperative Finance’ on International Credit Union Day®](https://thecreditunionconnection.com/north-island-credit-union-celebrates-one-world-through-cooperative-finance-on-international-credit-union-day/): On October 17, 2024, North Island Credit Union joined credit unions around the world to celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This year marks the 76th anniversary of this annual event, which was celebrated under the theme “One World Through Cooperative Finance.” North Island Credit Union marked the event with a special celebration at its newest retail location in Escondido. Credit union members, fellow San Diego credit unions and local elected officials came together to recognize the tremendous impact that credit unions have on their members and local communities. […] - [First U.S. Community Credit Union Selects Tyler Welch as Chief Financial Officer (CFO)](https://thecreditunionconnection.com/first-us-community-credit-union-selects-tylerwelch-as-chief-financial-officer-cfo/): First U.S. Community Credit Union is excited to announce Tyler Welch as Chief Financial Officer (CFO). In this vital role, Welch will oversee the Credit Union’s financial strategy, accounting, and payment and processing operations, working alongside the executive team to drive strategic initiatives that support sustainable growth and member-focused financial solutions. With extensive experience in financial management and a collaborative approach to leadership, Welch is well-equipped to support the Credit Union’s mission of “making a difference in our communities with financial services that help our members enhance their lives.” His expertise will be instrumental in strengthening financial stability and operational […] - [Genisys Credit Union’s Genius Checking Ranked #1 Top-Yielding Account Nationwide by Kiplinger](https://thecreditunionconnection.com/genisys-credit-unions-genius-checking-ranked-1-top-yielding-account-nationwide-by-kiplinger/): Genisys Credit Union’s Genius High Yield Checking has been recognized as the nation’s #1 top-yielding checking account by Kiplinger, a personal finance magazine. Earning members an annual percentage yield (APY) of 6.75% along with debit rewards for purchases, the account is a powerful tool for those looking to save and earn.  “Amid rising costs and economic challenges, Genisys is proud to help our members maximize their savings with Genius Checking. The account is designed to empower members, allowing them to earn more on everyday purchases,” said Jackie Buchanan, President and CEO of Genisys Credit Union.  Genius Checking is a high-yield, […] - [300 Texas Trust Employees Volunteer at Mission Arlington](https://thecreditunionconnection.com/300-texas-trust-employees-volunteer-at-mission-arlington/): Mission Arlington was this year’s benefactor of Texas Trust Credit Union’s all hands community service project. More than 300 Texas Trust employees from around the DFW area spent a day collectively volunteering their time and talent to help the Arlington ministry. They helped restock the food pantry, sort and organize the clothes closet, and tend to general maintenance and other tasks. In addition to the employees’ volunteer service, the credit union’s Community Unity team presented a $10,000 check to Tillie Burgin (“Miss Tillie”), founder of Mission Arlington. The donation was a combination of personal employee contributions and a corporate contribution from […] - [Fraud is Lurking Everywhere...What\'s Your CU Doing to Keep it Away?](https://thecreditunionconnection.com/fraud-is-lurking-everywherewhats-your-cu-doing-to-keep-it-away/): What keeps you awake at night when thinking about fraud and cybersecurity?  These are some of the top issues every credit union increasingly faces. The recent PATELCO hack, as well as others, have again raised these issues.  What does your credit union need to look for as we head into the holiday season? The MACUMA Fraud and Cybersecurity Virtual Seminar is an outstanding opportunity for credit unions to ensure you and your staff are on the leading edge of current threats, critical issues, and industry trends. Learn from industry experts in the field who will help you and your team navigate and protect against […] - [First Harvest Credit Union Supports Community Organizations for CrossState Credit Union Association’s CU Kind Day](https://thecreditunionconnection.com/first-harvest-credit-union-supports-community-organizations-for-crossstate-credit-union-associations-cu-kind-day/): Day Aims to Spread Kindness and Service Throughout New Jersey and Pennsylvania First Harvest Credit Union (“First Harvest”) participated in the CrossState Credit Union Association’s CU Kind Day with Breast Cancer Awareness initiatives, Charitable Journey Donation, and additional community volunteer efforts. CU Kind Day aims to demonstrate the “people helping people” philosophy of credit unions. First Harvest employees hosted two fundraising programs, benefitting The Military Support Group of New Jersey and the MD Anderson Cancer Center at Cooper, and volunteers at three organizations throughout South Jersey. First Harvest’s Charitable Journey Program raised $890 for The Military Support Group of New Jersey, […] - [Alkami Named “Best Banking App” by Tearsheet](https://thecreditunionconnection.com/alkami-named-best-banking-app-by-tearsheet/): Alkami received The Big Bank Theory Award for delivering a superior mobile banking platform and industry-leading UX powered by data Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that it was named the 2024 winner in The Big Bank Theory Awards by Tearsheet for the category of “Best Banking App.” Tearsheet’s premier awards program, The Big Bank Theory Awards recognizes and celebrates innovation in banking and embedded finance, and acknowledges the companies shaping the future of banking and embedded finance. This recognition of Alkami’s Mobile Banking Platform comes […] - [Copper State Credit Union Goodyear to Host Grand Re-Opening](https://thecreditunionconnection.com/copper-state-credit-union-goodyear-to-host-grand-re-opening/): Finance Experts Celebrate the Modernization and Beautification of its Goodyear Branch with the Community Oct. 30 Copper State Credit Union, formed through the 2020 “merger of equals” between Deer Valley Credit Union and Canyon State Credit Union, is bringing an evening of seasonal celebrations and family-friendly festivities to the Southwest Valley at the grand re-opening of its Goodyear branch Wednesday, Oct. 30. The event is a culmination of a year\’s worth of extensive renovations designed to enhance member experience through an elevated open-concept design including private meeting spaces, enhanced seating areas, intuitive kiosks, increased visual displays with five TVs, revitalized […] - [Spero Financial Receives First Place Recognition for Community Outreach and Financial Wellness Efforts](https://thecreditunionconnection.com/spero-financial-receives-first-place-recognition-for-community-outreach-and-financial-wellness-efforts/): Spero Financial has been recognized by the Carolinas Credit Union Foundation as the first-place recipient of two distinguished awards for the Credit Union’s community outreach and financial wellness efforts. The Dora Maxwell Social Responsibility Community Service Award was awarded to Spero Financial for their involvement in community outreach, specifically its efforts in hosting the Pink Walk. This event brings together communities across the Upstate of South Carolina to increase awareness for all types of cancers, honor those who have battled cancer, and raise funds to fight cancers affecting women. Further, this recognition includes Spero’s involvement with AnMed’s Mobile Mammography Bus— […] - [Deutsche Bank Americas Foundation and Inclusiv Make Third Cooperativa Investment to Advance Recovery and Resiliency in Puerto Rico](https://thecreditunionconnection.com/deutsche-bank-americas-foundation-and-inclusiv-make-third-cooperativa-investment-to-advance-recovery-and-resiliency-in-puerto-rico/): Deutsche Bank Americas Foundation and Inclusiv announced their third investment into Puerto Rican cooperativas to strengthen recovery and resiliency initiatives. Cooperativas, financial cooperatives in Puerto Rico, provide community-owned financial services to more than one million members excluded from mainstream financial institutions. As financial first responders, they have provided critical financial access and community resources, helping to lead recovery and resiliency efforts in the aftermath of Hurricane Maria and other crises.   Following previous successful investments in Jesús Obrero Cooperativa and Coop Las Piedras, Deutsche Bank Americas Foundatoin announced its latest invested in Cooperativa de Ahorro y Credito de Arecibo (CooPACA) headquartered […] - [Two Credit Unions Announce New Hires and Corporate Central Investment Analyst Earns Prestigious Designation](https://thecreditunionconnection.com/two-credit-unions-announce-new-hires-and-corporate-central-investment-analyst-earns-prestigious-designation/): A couple of credit unions, including Sun East Federal Credit Union, announced new hires to their leadership teams, and an investment analyst from Corporate Central Credit Union earned the prestigious CCUIP designation. New Hires Sun East Federal Credit Union has selected Chelsey Fu to serve as its new Vice President, Marketing and Growth Strategy. The selection follows an extensive nationwide search facilitated by DDJ Myers, the well-known executive search and leadership development firm. “I am excited to welcome Chelsey Fu to Sun East,” says Debbie Cook, CCE, President of Sun East FCU. “Chelsey is a talented executive with a wealth […] - [DCUC Urges Congress to Reject Credit Card Competition Act in Disaster Relief Legislation](https://thecreditunionconnection.com/dcuc-urges-congress-to-reject-credit-card-competition-act-in-disaster-relief-legislation/): Today, the Defense Credit Union Council, DCUC, voiced its opposition to the inclusion of the Credit Card Competition Act (CCCA) in any disaster supplemental appropriations legislation that might be considered by Congress. In letters addressed to House Speaker Mike Johnson (R-LA 4th District) and Minority Leader Hakeem Jeffries (D-NY 8th District), and Senate Majority Leader Chuck Schumer (D-NY) and Minority Leader Mitch McConnell (R-KY), DCUC’s Chief Advocacy Officer, Jason Stverak, warned of the severe consequences this bill could have on credit unions serving military members, veterans, and their families. \”While the intent of the CCCA may be to encourage competition, […] - [Colorado Credit Unions Volunteering Together for International Credit Union Day](https://thecreditunionconnection.com/colorado-credit-unions-volunteering-together-for-international-credit-union-day-1/): Credit Union Employees Volunteering to give back to their communities The 76th anniversary of International Credit Union Day® will be celebrated Thursday, October 17, 2024. This year, once again, Colorado area Credit Unions banded together to collectively volunteer as a whole. International Credit Union (ICU) Day® celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement\’s history, promote its achievements, recognize hard work and share member experiences. International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948. The goal is to raise awareness about the […] - [Autotruck names a new President/CEO, Jason Pendleton](https://thecreditunionconnection.com/autotruck-names-a-new-presidentceo-jason-pendleton/): The Board of Directors of Autotruck Financial Credit Union in Louisville, Kentucky has announced the appointment of Jason Pendleton as President and CEO. Pendleton will officially take the helm on Monday, January 6, 2025, replacing Jim Thompson who will retire on January 3, 2025, after having served as the Credit Union’s CEO for nearly eleven years. Pendleton has over 22 years of experience in the financial services industry, working in various arenas of operations, compliance, and lending. He joined Autotruck in 2018 in the role of VP of Lending and was named the Credit Union’s Executive Vice President in January […] - [The Community Partnership Foundation’s Family Trust Golf Tournament Raises Over $25,000](https://thecreditunionconnection.com/the-community-partnership-foundations-family-trust-golf-tournament-raises-over-25000/): A community-oriented collaboration, Family Trust Federal Credit Union, alongside The Community Partnership Foundation (The CPF), raised over $25,000 for York County nonprofits at The CPF’s 16th annual Family Trust Charity Golf Tournament held earlier this fall at the Rock Hill Country Club. As a result of the outing’s success, two local organizations – Pathways Community Center and No Sad Stories Ministries – will each receive a $10,000 grant to further their missions and continue making a positive impact on the community. Pathways Community Center works to effectively reduce the impact of poverty and homelessness in the York County community by promoting collaboration […] - [Vizo Financial Demonstrates “People Helping People” Philosophy During 2024 Day of Service](https://thecreditunionconnection.com/vizo-financial-demonstrates-people-helping-people-philosophy-during-2024-day-of-service/): Vizo Financial Corporate Credit Union demonstrated the credit union movement’s philosophy of “people helping people” during its annual Day of Service on October 14, 2024. Each year on the Day of Service, Vizo Financial employees volunteer their time and efforts at various charities and organizations throughout Central Pennsylvania, Pittsburgh, Pa., Greensboro, N.C., and Columbia, S.C. In total, 116 Vizo Financial staff members and their families participated in this special day and lent a helping hand with creating fabric tie blankets for grieving children, sorting through donations, helping to distribute food to those in need, assembling small craft kits for hospitalized […] - [Looking For Extra Liquidity? Find Cash in Your Real Estate](https://thecreditunionconnection.com/looking-for-extra-liquidity-look-for-value-in-your-real-estate/): Liquidity for credit unions large and small is tight at the moment. Regulators want to see that credit unions have a certain percentage of capital on their books, but where can credit unions quickly raise funds? How about with the real estate your credit union already owns? Our CoFounder/Host Sarah Snell Cooke sat down with CU Capital Management CEO Mitchell Amsler to discuss how credit unions can activate their real estate to boost liquidity through sale-leasebacks. Interestingly, it can really give smaller credit unions looking to grow an advantage. Another ace up credit unions’ sleeves. Read the full transcript: Disclosure: […] - [‘One World Through Cooperative Finance’ Celebrated in California Today](https://thecreditunionconnection.com/one-world-through-cooperative-finance-celebrated-in-california-today/): International Credit Union Day — October 17 Today, credit unions across California and around the world will unite to celebrate International Credit Union Day (ICU Day) under the inspiring theme of “One World Through Cooperative Finance”! This annual celebration, where the California Credit Union League and local credit unions partner together, serves as a powerful reminder of the credit union movement\’s unwavering commitment to improving lives and communities. Bringing together credit union members, employees, supporters, and local officials within a variety of communities in California, ICU Day has celebrated the values and achievements of credit unions annually on the third […] - [Bourbon, BBQ & Bands Has Rowdy First Year Success](https://thecreditunionconnection.com/bourbon-bbq-amp-bands-has-rowdy-first-year-success/): In its inaugural year, Bourbon, BBQ & Bands raised $600k for Children’s Miracle Network Hospitals, specifically 25 hospitals in the Cornerstone region. The Cornerstone League is thrilled to announce the remarkable success of Bourbon, BBQ & Bands, which took place in the heart of the historic stockyards, at the River Ranch Stockyards. This year’s western-themed event drew 300 attendees and raised over $600k to support Children’s Miracle Network Hospitals. The festive atmosphere was alive with the sounds of live country music, the aroma of mouth-watering barbecue, and, of course, the finest bourbons. Attendees donned their best cowboy hats and boots, […] - [Protecting Small Credit Unions: A Crucial Step for Financial Stability in an Era of Consolidation](https://thecreditunionconnection.com/protecting-small-credit-unions-a-crucial-step-for-financial-stability-in-an-era-of-consolidation/): Mergers and the Risk of “Too Big to Fail” Denise Wymore, Chair, CU DeNovo Collective The growing number of mergers among credit unions and community banks (which are consolidating faster than credit unions), while seemingly efficient, runs the risk of creating a system dominated by institutions that become \”too big to fail.\” The term \”too big to fail\” entered the mainstream after the 2008 financial crisis, when large banks, crippled by risky behaviors, were deemed so essential to the national economy that the government had no choice but to bail them out. If we allow credit unions to follow a […] - [Get Ready for International Credit Union Day!](https://thecreditunionconnection.com/international-credit-union-day/): International Credit Union Day is coming on Oct. 17, and credit unions all around the world will be demonstrating their support for the movement! There’s not a lot of time left to prepare, so what can your credit union do now to get ready? The Credit Union Connection CEO/CoFounder Sarah Snell Cooke sat down with the president of the Worldwide Foundation for Credit Unions, Michael Reuter, to talk about the history of International Credit Union Day, its meaning and this year’s theme, One World. They also discuss what credit unions can do to get ready for the big day, including […] - [Citadel Federal Credit Union Case Has Lessons Learned and Implications for All Credit Unions, Henry Meier, Esq. Says](https://thecreditunionconnection.com/o0d38ebkfwvz9j7cdsvoqalyeiyhz7-otczk/): Henry Meier, Esq. analyzes the Citadel Federal Credit Union Redlining settlement with the Department of Justice, and what lessons credit unions can take away from it. The Credit Union Connection Co-Founder/CEO Sarah Snell Cooke sat down with long-time credit union attorney Henry Meier, Esq., to respond, describe and analyze the $6.5 million redlining settlement agreement Citadel Federal Credit Union struck with the U.S. Department of Justice. For background, please check out our previous content on the situation: Citadel Federal Credit Union Settles for $6.5 Million with Justice Department Over Redlining Allegations Citadel Credit Union Responds to DoJ Settlement and Bolsters […] - [Rogue Credit Union Announces Third Quarter Results](https://thecreditunionconnection.com/rogue-credit-union-announces-third-quarter-results/): Rogue Credit Union announced financial results for the third quarter of 2024. The credit union’s growth remained consistent in key categories. Total assets grew at an annualized rate of 10.92% with $3.6 billion in assets. The credit union experienced a return on assets of 0.63% and continues to experience membership growth, now serving over 213,000 members across Oregon and western Idaho. Rogue Credit Union’s equity position remains strong as the credit union closed the quarter with a 9.45% net worth ratio, well above the “well-capitalized” regulatory requirement of 7.00%. Rogue remains a trusted financial institution that is safe, sound and […] - [Velera Announces Miracle Momentum Awards in Support of Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/velera-announces-miracle-momentum-awards-in-support-of-childrens-miracle-network-hospitals/): Through longstanding partnership with CU4Kids, awards will enable credit unions across the country to support their local CMN Hospitals Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced the introduction of the Miracle Momentum Awards, in which credit unions throughout the country can nominate their local Children’s Miracle Network hospital to receive a $10,000 donation. Velera will donate up to 15 awards directly to the recipient hospitals in the name of the nominating credit union(s). “As we celebrate International Credit Union Day, we could not […] - [Purdue Federal Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/purdue-federal-credit-union-celebrates-international-credit-union-day/): On October 17, 2024, Purdue Federal Credit Union and credit union members around the world will celebrate International Credit Union Day®. This year marks the 76th anniversary of this annual event, which aims to commemorate the credit union movement’s impact and achievements. Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for more than 403 million members in 98 countries worldwide. More than 82,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change.  Since 1948, International Credit Union […] - [Tucson Federal Credit Union Board Member Secures Major Grant for Foster Youth Housing Initiative](https://thecreditunionconnection.com/tucson-federal-credit-union-board-member-secures-major-grant-for-foster-youth-housing-initiative/): More Than $90,000 Awarded from AHEAD Program To Help Organization Realize Their Plans Tucson Federal Credit Union (TFCU), in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), will deliver a grant of more than $90,000 to WholisticTransformation, a local non-profit organization dedicated to supporting youth aging out of the foster care system. TFCU partnered with WholisticTransformation to secure the AHEAD Program grant, which will fund the Resident Navigator initiative. This program features an on-site professional who guides foster youth toward their goals by connecting them with vetted community resources. Founded by Bryan Benz, a long-time […] - [Maine State Credit Union Appoints Neal Blake as Chief Financial Officer to Drive Future Growth](https://thecreditunionconnection.com/maine-state-credit-union-appoints-neal-blake-as-chief-financial-officer-to-drive-future-growth/): Maine State Credit Union is excited to announce the appointment of Neal Blake as Senior Vice President and Chief Financial Officer (CFO). Blake brings a wealth of experience from prominent financial institutions across the Northeast and will lead the credit union\’s financial strategy to support its statewide expansion. He will work with President and CEO Stephen Wallace and other leaders to continue enhancing the financial management and strategic operations of Maine State Credit Union. \”We are excited to welcome Neal to our team during this exciting period of growth,\” said Wallace. \”His expertise in navigating the complex regulatory landscape of […] - [Citadel Federal Credit Union Case Has Lessons Learned and Implications for All Credit Unions, Henry Meier, Esq. Says](https://thecreditunionconnection.com/citadel-federal-credit-union-case-has-lessons-learned-and-implications-for-all-credit-unions-henry-meier-esq-says/): The Credit Union Connection Co-Founder/CEO Sarah Snell Cooke sat down with long-time credit union attorney Henry Meier, Esq., to respond, describe and analyze the $6.5 million redlining settlement agreement Citadel Federal Credit Union struck with the U.S. Department of Justice. For background, please check out our previous content on the situation: WATCH HENRY AND SARAH, MOSTLY HENRY, BREAK DOWN THIS CASE. —->> Henry Meier, Esq. analyzes the Citadel Federal Credit Union Redlining settlement with the Department of Justice, and what lessons credit unions can take away from it. “Don’t say, ‘Okay, well, what are the odds that I’m going to […] - [Credit Union Wealth Group Launches Managed Direct Bond Investments for Member Portfolios](https://thecreditunionconnection.com/credit-union-wealth-group-launches-managed-direct-bond-investments-for-member-portfolios/): Credit Union Wealth Group (CUWG), a leading provider of digital wealth management programs for credit unions, announces the expansion of its fixed income capabilities, providing members with access to managed direct bond strategies. Members can access Treasury, TIPS, Agency, Municipal and Corporate managed bond and ladder investments as part of their portfolio. Members are interested in direct bond investments, but complexity and high minimums have often made strategies inaccessible. Through the CUWG wealth management program, members can now partner with their financial advisor to learn about direct bond investing and incorporate a strategy to help achieve their goals. Advisors can […] - [Affinity Federal Credit Union Commitment to Community Wellbeing Shines on Impact Day](https://thecreditunionconnection.com/affinity-federal-credit-union-commitment-to-community-wellbeing-shines-on-impact-day/): Employees of Affinity and Affinity Foundation join together across New Jersey, New York and Connecticut to support 22+ local non-profits on enhancing community wellbeing Affinity Federal Credit Union (“Affinity”) celebrated their third annual Impact Day on October 14, 2024. Affinity employees volunteered at non-profit organizations committed to enhancing wellbeing on the federal holiday when branches are closed. This year, over 320 employees dedicated their time, contributing nearly 1,000 total volunteer hours to support community wellbeing across New Jersey, New York, and Connecticut. The day began with employees gathering at their host Affinity branch. The volunteers came together from Middletown, NJ, […] - [ICUL Celebrates Community Spirit & Excellence at 94th Annual Convention ](https://thecreditunionconnection.com/icul-celebrates-community-spirit-amp-excellence-at-94th-annual-conventionnbsp/): The Illinois Credit Union League (ICUL) successfully concluded its annual convention, Stories that Soar, bringing together credit union leaders from across the state. The event was filled with inspiring presentations, networking opportunities, and a celebration of the credit union movement\’s achievements. ICUL kicked off its dynamic lineup of events with the inaugural CU Imagine contest. This “Shark Tank”-style competition highlighted groundbreaking proposals from credit unions that incorporated findings from ICUL 2024 Multicultural Opportunity Report. Three contestants participated in the contest: Chicago Post Office Employees Credit Union, Education Personnel Federal Credit Union, and Illinois Educators Credit Union. These innovative credit unions […] - [Coastal Credit Union Foundation Grants Nearing $1 Million for 2024](https://thecreditunionconnection.com/coastal-credit-union-foundation-grants-nearing-1-million-for-2024/): The Coastal Credit Union Foundation has awarded $260,000 to 19 nonprofits in North Carolina during its Q4 2024 grant cycle, which brings the total foundation grants to $965,500 for the year. The 19 grants given to these nonprofits will improve access to resources and support financial well-being programs throughout our local communities. Grants include $20,000 to the Carolinas Credit Union Foundation Disaster Relief Fund, which is established to assist affected employees of credit unions in all impacted regions. The Foundation’s other recent grantees include:  Access to Resources Children\’s Home Society of North Carolina Dorothy Mae Hall Women\’s Center Esteamed CoffeeFarmer […] - [Firemen’s Federal Director Receives NCOFCU Volunteer of the Year Award](https://thecreditunionconnection.com/firemens-federal-director-receives-ncofcu-volunteer-of-the-year-award/): New Orleans Firemen’s Federal Credit Union proudly announces that John Hoolahan, Vice Chairperson of the Board of Directors, has been awarded the NCOFCU Volunteer of the Year Award. This national recognition, presented by the National Council of Firefighter Credit Unions (NCOFCU), honors his outstanding service, leadership, and dedication to the firefighter credit union community. Hoolahan has served Firemen’s Federal for over 30 years, guiding its strategic direction and leading critical committees such as the Insurance and Community Development Committees. A retired Fire Captain from the New Orleans Fire Department, he has a 56-year affiliation with Firemen’s Federal, reflecting his lifelong […] - [Gesa Credit Union Gives Back to Local Organizations On Annual “Day of Service”](https://thecreditunionconnection.com/gesa-credit-union-gives-back-to-local-organizationsnbspon-annual-day-of-service/): More than 470 team members united on Indigenous Peoples’ Day to volunteer over 2,370 hours at 34 organizations across the Pacific Northwest  Gesa, a community-focused credit union, today announced the powerful impact of its third annual “Day of Service,” an initiative that unites team members in giving back. On Indigenous Peoples’ Day, October 14, Gesa closed its 31 branches to allow more than 470 team members to volunteer and make a meaningful difference in their local communities. This year, 34 organizations across the Pacific Northwest benefited from their efforts.  Gesa team members dedicated 2,370+ hours volunteering at a variety of […] - [Global Credit Union Membership Surpasses 411 Million](https://thecreditunionconnection.com/global-credit-union-membership-surpasses-411-million/): WOCCU 2023 Statistical Report shows 4% growth in assets worldwide World Council of Credit Unions’ (WOCCU) 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed $3.7 trillion last year. As of December 31, 2023, there were 411,008,249 credit union members in 104 countries. The new membership figure represents a 2% increase over 2022. While membership growth was modest across all continents, several countries still saw substantial membership growth, including: Dominica +33% Nepal +18% Brazil +12% Great Britain +10% “Brazil has seen consistent growth in membership from year to year. We know that […] - [Windsor, Enfield Nonprofits Gain $27,600 Boost from American Eagle’s ‘Cash Back to the Community’ Program](https://thecreditunionconnection.com/windsor-enfield-nonprofits-gain-27600-boost-from-american-eagles-cash-back-to-the-community-program/): Enfield Food Shelf, Windsor Education Foundation and Windsor Food & Fuel Bank each receive $9,212Three nonprofit organizations devoted to food security and education have received a total of $27,636 from American Eagle Financial Credit Union (American Eagle FCU), having won the latest round of voting in the credit union’s Cash Back to the Community program. The program, which has been running since 2020, has donated over $490,000 to local organizations dedicated to improving their communities. Once each quarter, American Eagle FCU donates one percent of its credit and debit card interchange income—the fees paid for credit and debit card transactions—to […] - [Royal Credit Union Marketing Team Celebrates Award-Winning Campaigns](https://thecreditunionconnection.com/royal-credit-union-marketing-team-celebrates-award-winning-campaigns/): The Marketing Association of Credit Unions (MAC) hosts an annual conference to recognize the most impactful and creative credit union marketing projects and campaigns across the nation. This year\’s ceremony, held in Hollywood, CA, was a night to celebrate the power of innovative marketing in credit union success. A distinguished panel of judges meticulously evaluated a record-breaking 447 entries from over 100 different credit unions, selecting winners based on their creativity, strategic effectiveness, and overall impact. Royal Credit Union Takes Center Stage Royal Credit Union received the following recognitions: Gold – Social Media: Influencer Campaign Royal collaborated with Minnesota influencer […] - [Nutmeg State Financial Credit Union Launches Alkami as Digital Banking Partner for Retail Banking Capabilities](https://thecreditunionconnection.com/nutmeg-state-financial-credit-union-launches-alkami-as-digital-banking-partner-for-retail-banking-capabilities/): The Connecticut-based credit union will deliver Alkami\’s personalized product and service suite to its membership Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today Nutmeg State Financial Credit Union has launched the latest version of its digital banking services with the Alkami Digital Banking Platform. The credit union\’s members now have access to a wide range of online and mobile banking services, ranging from account aggregation, and financial wellness education and services. The credit union\’s launch of the Alkami Platform reaffirms its enduring commitment to exceptional member service, […] - [Desert Financial Donates 430 Bicycles To Arizona Foster Children](https://thecreditunionconnection.com/desert-financial-donates-430-bicycles-to-arizona-foster-children/): Nearly 1,200 volunteers built bikes for the largest donation ever received by The Foster Alliance Desert Financial Credit Union assembled 430 bicycles for foster children in Arizona during an annual all-employee event. The bikes were donated to The Foster Alliance, an Arizona nonprofit that provides essentials to foster children throughout the state. This will be the largest bike donation ever received by the children\’s nonprofit. Nearly 1,300 Desert Financial volunteers helped assemble the bikes. The bikes fulfill all The Foster Alliance\’s birthday and holiday requests for the remainder of the year. \”Desert Financial employees volunteer thousands of hours every year, making […] - [NCUA’s Southern Region and AMAC Offices Relocating on October 16](https://thecreditunionconnection.com/ncuas-southern-region-and-amac-offices-relocating-on-october-16/): The NCUA’s Southern Region office and the NCUA Asset Management & Assistance Center (AMAC) office are moving from their current Spicewood Springs Rd. address in Austin, Texas, to a new facility located on Domain Drive in Austin, effective October 16, 2024. Here is the new contact information for both offices: NCUA Southern Region10910 Domain DriveSuite 200Austin, Texas 78758512.342.5600SouthernMail@ncua.gov NCUA Asset Management & Assistance Center (AMAC)10910 Domain DriveSuite 200Austin, Texas 78758512.231.7900AMACMail@ncua.gov - [As Car Expenses Rise, Keystone Lending Alliance and Auto App Way.com Team up to Offer Cost-Saving Customer Solutions](https://thecreditunionconnection.com/as-car-expenses-rise-keystone-lending-alliance-and-auto-app-waycom-team-up-to-offer-cost-saving-customer-solutions/): Super auto app Way.com and Keystone Lending Alliance are partnering to provide customers with much more benefit for their bucks with their vehicle service contracts. KLA works with over 34 credit unions and 450 dealership partners, and provides indirect automobile lending services to credit unions, including benefits given in VSC\’s. Way.com offers innovative benefits including gas discounts, glass breakage protection, free car washes, and substantial parking discounts. These unique offers can save customers up to $1500 a year on car expenses. Both Way and KLA are excited to bring these offers to customers, many of whom struggle to keep up […] - [In 1 Day, Vantage West Dedicated Over 3,840 Hours to Community Service](https://thecreditunionconnection.com/in-1-day-vantage-west-dedicated-over-3840-hours-to-community-service/): With a steadfast commitment to community and service,  Vantage West Credit Union put business on hold on October 14 and brought all employees together for a  full day of volunteering.   The credit union’s All-Team Volunteer Day brought more than 480 team members together to dedicate  over 3,840 total hours of service to a wide range of causes, ensuring that no corner of the community  was left untouched.  Throughout the day, Vantage West employees made their presence felt in some of the places that  needed it most— creating care kits with essential items for youth experiencing homelessness to getting  their hands […] - [Nathan Robertson Appointed New CFO of State Department Federal Credit Union (SDFCU)](https://thecreditunionconnection.com/nathan-robertson-appointed-new-cfo-of-state-department-federal-credit-union-sdfcu/): State Department Federal Credit Union (SDFCU) is pleased to announce the appointment of Nathan Robertson as its new Chief Financial Officer (CFO). Nathan brings close to 20 years of exceptional financial expertise and leadership experience, most recently serving as Vice President of Financial Operations at Apple Federal Credit Union (Apple FCU). At Apple FCU, Nathan successfully guided the credit union through significant growth by implementing innovative financial strategies that improved operational efficiency and member services. His commitment to fiscal responsibility and transparency has earned him a reputation as a trusted leader in the credit union industry. \”Nathan\’s extensive experience and […] - [SchoolsFirst Federal Credit Union Opens New Branch Location on Cal Poly Pomona Campus](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-opens-new-branch-location-on-cal-poly-pomona-campus/): New location extends credit union’s footprint to 70 branches in California SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced the opening of a new branch location on the campus of California State Polytechnic University, Pomona, extending the credit union’s footprint to 70 branch locations in California. The new branch at Cal Poly Pomona joins two other SchoolsFirst FCU branches on university campuses, with branches already existing at Cal State University Fullerton (CSUF) and UC Irvine. Located on the second floor of the Bronco Bookstore at 3801 W. […] - [First Commerce Credit Union Celebrates Grand Re-Opening of Newly Remodeled Summit East Financial Center](https://thecreditunionconnection.com/first-commerce-credit-union-celebrates-grand-re-opening-of-newly-remodeled-summit-east-financial-center-1/): State-of-the-art full-service financial center celebrated as only convenient banking option on Tallahassee’s east side amid week of food, fun, and activities First Commerce, together with its Board of Directors and the Tallahassee Chamber of Commerce, ushered in a new chapter for the credit union’s Summit East Financial Center with a ribbon cutting ceremony to unveil its newly remodeled and expanded financial center. The location offers the only convenient banking option on Tallahassee’s east side including for neighboring communities like Monticello. The nearly $500,000 renovation project prioritizes comfort and functionality, offering meeting spaces to consult one-on-one with knowledgeable team members. First […] - [Velera Report Reveals Increase in Credit Card and Digital Payments Usage Amid Security Concerns](https://thecreditunionconnection.com/velera-report-reveals-increase-in-credit-card-and-digital-payments-usage-amid-security-concerns/): Seventh annual “Eye on Payments” study focuses on evolving payment preferences and behaviors among U.S. consumers Velera – formerly PSCU/Co-op Solutions, has announced the release of its 2024 Eye on Payments study. The seventh annual report gauges payment preferences and behaviors among credit union members and other financial institution customers (“non-members”), examining how they have shifted and evolved within the past 12 months and recent years. This year’s study found that consumers are reporting they prefer credit over debit when it comes to their preferred top-of-wallet payment method. This represents a notable shift that extended into changes among payment preferences […] - [CFPB and Justice Department Take Action Against Fairway for Redlining Black Neighborhoods in Birmingham, Alabama](https://thecreditunionconnection.com/cfpb-and-justice-department-take-action-against-fairway-for-redlining-black-neighborhoods-in-birmingham-alabama/): Top mortgage lender to pay a $1.9 million penalty and provide $7 million in loan subsidies Today, the Consumer Financial Protection Bureau (CFPB) and the Justice Department (DOJ) took action to end Fairway Independent Mortgage Corporation’s illegal mortgage lending discrimination against majority-Black neighborhoods in the greater Birmingham, Alabama area. The CFPB and DOJ allege that Fairway illegally redlined Black neighborhoods, including through its marketing and sales actions. Fairway’s actions discouraged people from applying for mortgage loans in the Birmingham metropolitan area’s Black neighborhoods. If entered by the court, the settlement announced today would require Fairway to pay a $1.9 million […] - [BHFCU Donates Nearly $44k to Schools and Educational Organizations](https://thecreditunionconnection.com/bhfcu-donates-nearly-44k-to-schools-and-educationalnbsporganizations/): With the help of nominations from community members, Black Hills Federal Credit Union made a significant impact by donating $43,750 to a  combination of 29 classrooms, schools, and educational organizations.  BHFCU’s School Support Drive provides schools and organizations with funds to help make the  school year that much more successful. This year, the annual effort continued evolving by calling on community members to nominate schools and organizations in need. Over 120 nominations detailed needs spanning playground equipment, meal and travel vouchers, mechanics programs, and more.  “This year’s new format put power in the hands of our communities,” emphasized Heidi Bulman,  Senior Community Development Officer. […] - [First Commerce Credit Union Celebrates Grand Re-Opening of Newly Remodeled Summit East Financial Center](https://thecreditunionconnection.com/first-commerce-credit-union-celebrates-grand-re-opening-of-newly-remodeled-summit-east-financial-center/): State-of-the-art full-service financial center celebrated as only convenient banking option on Tallahassee’s east side amid week of food, fun, and activities First Commerce, together with its Board of Directors and the Tallahassee Chamber of Commerce, ushered in a new chapter for the credit union’s Summit East Financial Center with a ribbon cutting ceremony to unveil its newly remodeled and expanded financial center. The location offers the only convenient banking option on Tallahassee’s east side including for neighboring communities like Monticello. The nearly $500,000 renovation project prioritizes comfort and functionality, offering meeting spaces to consult one-on-one with knowledgeable team members. First […] - [‘Western Credit Union Management School’: A New Name with the Same Educational Excellence](https://thecreditunionconnection.com/western-credit-union-management-schoola-new-name-with-the-same-educational-excellence/): Western Credit Union Management School has changed its name to reflect the institution’s ongoing commitment to innovation and dedication in meeting the evolving needs of the credit union movement. This change, from Western CUNA Management School to Western Credit Union Management School, embodies the same distinguished acronym (WCMS). WCMS is the largest school of its kind, with a vast network of esteemed alumni across the western states who serve at all leadership levels within the credit union movement. Today’s newly announced name marks a milestone in the school’s 64-year history, signifying the school\’s commitment to continuous improvement and its recognition of the […] - [Trellix Finds Nearly Half of CISOs to Exit the Role Without Industry Action](https://thecreditunionconnection.com/trellix-finds-nearly-half-of-cisos-to-exit-the-role-without-industry-action/): New research details risk to the CISO role’s longevity amidst a lack of clarity, alignment, and support on expanding responsibilities Trellix today announced a new report, Mind of the CISO: CISO Crossroads, which found most CISOs (84%) believe the role needs to be split into two functions – one technical and one business-focused, to maximize security and organizational resilience amid an ever-expanding threat landscape. The research reveals insights from over 500 CISOs worldwide on cybersecurity regulation, the CISO role, and their interactions and challenges when reporting to their organization’s board. Insights shed light on the latest changes, responsibilities, and requirements […] - [Member Support Services Expands Network with Greylock Federal Credit Union](https://thecreditunionconnection.com/member-support-services-expands-network-with-greylock-federal-credit-union/): With $1.6 billion in assets under management, Greylock becomes the largest credit union to join the collaborative effort to boost operational scale, efficiency, and savings for MSS members. Member Support Services, LLC (MSS) welcomes Greylock Federal Credit Union to its growing network of member institutions. By leveraging MSS’s integrated technology solutions, Greylock will enhance operational scale and efficiency, improve member services, and increase purchasing power across the network. “In today’s environment of rising costs and rapid digital transformation, the investments required to stay competitive can feel overwhelming for many credit unions,” said Vim Anand, CEO of MSS. “By joining MSS, […] - [Velera Selects Arroweye Solutions for Dual Interface Debit and Credit Card Portfolio](https://thecreditunionconnection.com/velera-selects-arroweye-solutions-for-dual-interface-debit-and-credit-card-portfolio/): Arroweye Solutions was selected by Velera as a provider of card production, personalization and fulfillment for Velera’s dual interface debit and credit card portfolio. Velera supports more than 4,000 financial institutions across North America. “We are pleased to add Arroweye services to our portfolio. Supporting Velera’s card diversification strategy, Arroweye’s capabilities will help Velera enhance time to market and deliver a more seamless, frictionless card personalization experience to our financial institution clients,” said Cody Banks, senior vice president, Product Enablement & Growth at Velera. “We view Arroweye as a true financial services partner and look forward to integrating their suite […] - [Indiana State University Federal Credit Union Welcomes Brian Zuber as New President/CEO](https://thecreditunionconnection.com/indiana-state-university-federal-credit-union-welcomes-brian-zuber-as-new-presidentceo/): Indiana State University Federal Credit Union (ISU FCU) is pleased to announce the appointment of Brian Zuber as its next President and Chief Executive Officer. Zuber will officially join the credit union in early October, working closely with the current CEO, Sam Shanks, to ensure a smooth transition before her retirement later in the month. “I am honored to have been selected as the next President and CEO of ISU FCU,” said Zuber. “I look forward to joining the current team and am excited about what we can accomplish together for ISU FCU members.” Zuber comes to ISU FCU with […] - [Veridian to replace North Waterloo branch lost in Logan Avenue Hy-Vee closure](https://thecreditunionconnection.com/veridian-to-replace-north-waterloo-branch-lost-in-logan-avenue-hy-vee-closure/): Veridian Credit Union has announced plans to construct a new branch in North Waterloo less than a mile from its former branch located inside the now shuttered Hy-Vee store at 2181 Logan Avenue. That branch was required to close with Hy-Vee’s decision to permanently close its store on June 23. Veridian has entered into an agreement to purchase property on the northeast corner of the intersection at Logan Avenue and Heath Street with plans to open a new branch on that site. “We started looking for opportunities to replace our Logan Avenue branch soon after learning that we’d be required […] - [Members First Celebrates CU Kind Day by Supporting Educators and Literacy](https://thecreditunionconnection.com/members-first-celebrates-cu-kind-day-by-supporting-educators-and-literacy/): On October 14th, Members First Credit Union (M1) joined credit unions across Michigan to participate in Credit Union (CU) Kind Day, a nationwide celebration dedicated to credit unions doing acts of community service and giving back. This year, Members First focused on supporting local educators and fostering a love for reading within the community by donating books to Little Free Libraries. \”Participating in CU Kind Day embodies our commitment to community service and collaboration,” said Bethany Dutcher, Vice President of Marketing. \”By coming together to give back to our teachers and promote literacy, we are investing in the heart of […] - [Indiana Members Credit Union Announces IU Health Foundation Debit Card](https://thecreditunionconnection.com/indiana-members-credit-union-announces-iu-health-foundation-debit-card/): Indiana Members Credit Union (IMCU) is pleased to announce it is now offering an exclusive IU Health Foundation debit card. The partnership allows members who sign up for an IU Health Foundation debit card to support IU Health initiatives to make Indiana healthier. Every time the card is used as a signature based transaction, IU Health Foundation benefits. The more cards that are in use, the larger the contribution. The card is available for issue to members at IMCU’s 31 Indiana locations. The IU Health Foundation debit card is free to members with a free checking account and can be […] - [Bank of Hawaiʻi Expands NCR Atleos Partnership to Strengthen Self-Service Banking](https://thecreditunionconnection.com/bank-of-hawaii-expands-ncr-atleos-partnership-to-strengthen-self-service-banking/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that it has expanded its longstanding relationship with Bank of Hawaiʻi. The bank has selected Atleos’ ATM as a Service (ATMaaS) solution to transform the self-service banking channel. Bank of Hawaiʻi was looking to update an aging fleet and expand access to self-service banking for customers in a more cost-efficient way, ultimately deciding to deepen its partnership with Atleos to accomplish these goals. Implementing ATMaaS will allow the bank to rely on the experts at Atleos to manage the hardware, software, security, installation, maintenance and cash management of its fleet. “At Bank of Hawaiʻi, we remain […] - [Register Now for Taking Charge of Your Future with Financial Planning Webinar on Oct. 28](https://thecreditunionconnection.com/register-now-for-taking-charge-of-your-future-with-financial-planning-webinar-on-oct-28/): In recognition of National Financial Planning Month, the National Credit Union Administration is hosting a webinar called “Taking Charge of Your Future with Financial Planning” on Monday, October 28, at 1 p.m. Eastern. Registration for this 60-minute webinar is now open. This webinar is for consumers looking to develop their financial plans and skills, as well as credit unions and financial educators looking to develop programming and resources to assist the community members they serve with building solid financial strategies. Financial advisors, and experts from the Department of Labor Federal Credit Union, will offer attendees the opportunity to gain critical […] - [TopLine Financial Credit Union Opens New Maple Grove – Arbor Lakes Branch on October 21, 2024](https://thecreditunionconnection.com/topline-financial-credit-union-opens-new-maple-grove-arbor-lakes-branch-on-october-21-2024/): TopLine is thrilled to announce the opening of their new Maple Grove – Arbor Lakes branch located at 11121 Fountains Drive, Maple Grove, MN 55369 TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, is opening a new full-service Maple Grove – Arbor Lakes branch on October 21, 2024 located at 11121 Fountains Drive, Maple Grove, MN 55369. The new Maple Grove – Arbor Lakes branch will provide personal service as well as self-service convenience with a new innovative 24/7 Interactive Teller Machine (ITM) that provides members with remote assistance service, combining the convenience of ATMs with the […] - [Harborstone Credit Union Selects Dolores Broeske as Chief People Officer](https://thecreditunionconnection.com/harborstone-credit-union-selects-dolores-broeske-as-chief-people-officer/): Harborstone Credit Union has selected Dolores Broeske, a dynamic leader who joins Harborstone to create focus around workplace engagement, enhance talent development opportunities, and guide culture initiatives that lead to consistent and effective change management across the organization, as its new Senior Vice President and Chief People Officer. Serving the credit union movement for more than 30 years, most recently as the President and CEO of HAPO Community Credit Union in Richland, Washington, Dolores led a variety of teams across the credit union, from lending and special projects to strategic management and human resources. She has dedicated expertise in organizational […] - [DCUC Raises Concerns In Letter to NCUA, Comments on CRA](https://thecreditunionconnection.com/dcuc-raises-concerns-in-letter-to-ncua-comments-on-cra/): Today, the Defense Credit Union Council, DCUC, sent a letter to the National Credit Union Administration, NCUA, Chairman Todd Harper, expressing its concerns over the potential application of Community Reinvestment Act (CRA) provisions to credit unions. The letter was prompted by recent social media comments made by Chairman Harper indicating his openness to exploring CRA applicability to credit unions. DCUC strongly believes applying CRA to credit unions is both unnecessary and inappropriate, given the unique structure and mission of credit unions. “It would be a public policy failure to universalize the recent “redlining” violation of one particular credit union and […] - [Fed. & State Agencies Issue Statement on Supervisory Practices Regarding FIs Affected by Hurricane Milton](https://thecreditunionconnection.com/fed-amp-state-agencies-issue-statement-on-supervisory-practices-regarding-fis-affected-by-hurricane-milton/): The Federal Deposit Insurance Corporation, the Federal Reserve Board, the Florida Office of Financial Regulation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of Hurricane Milton on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities. A complete list of the current disaster areas can be found at https://www.fema.gov/disaster/declarations. Lending: The agencies encourage financial institutions to work […] - [Collins Community Credit Union Selects Jason MacDonald as Next CEO](https://thecreditunionconnection.com/collins-community-credit-union-selects-jason-macdonald-as-next-ceo/): Collins Community Credit Union has selected Jason MacDonald as its next President/CEO. “We’re so excited to welcome Jason to Collins Community. We’re confident that his experience, willingness to pioneer innovative solutions and passion for driving strategic growth will lead our credit union into a strong future as we seek to Aspire, Ignite and Achieve for the benefit of our members and communities,” says Marsha Schulte, Chairperson of the Collins Community Credit Union Board of Directors. An executive with nearly 20 years of experience, MacDonald most recently served as Chief Information, Strategy & People Officer for Keesler Federal Credit Union. He […] - [Finotta Publishes New Guide, “Empathy Equals Growth”](https://thecreditunionconnection.com/finotta-publishes-new-guide-empathy-equals-growth/): Free guide empowers financial institutions to enhance customer relationships, boost retention, and deliver personalized experiences for today\’s consumers Finotta published its new guide, “Empathy Equals Growth: Retention and Profit Through Financial Wellness.” This free resource features insights from industry experts to provide financial institutions with the tools to build better relationships, enhance customer retention, and offer personalized experiences that cater to the diverse needs of today’s consumers. Empathy in financial wellness is essential. In fact, a report from Deloitte shows that empathetic customer reactions increase trust and drive long-term success, and Accenture found that empathetic institutions have a 30% higher […] - [Navigant Credit Union Taps Baker Hill to Enhance Commercial Loan Operations & Support Member Business Needs](https://thecreditunionconnection.com/navigant-credit-union-taps-baker-hill-to-enhance-commercial-loan-operations-amp-support-member-business-needs/): Navigant Credit Union to leverage Baker Hill NextGen® for Commercial Lending for a more efficient loan origination and underwriting process Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, has partnered with Navigant Credit Union. The Rhode Island-based credit union selected Baker Hill NextGen® for Commercial Lending, the company’s flagship product, which is designed to drive efficiencies in the commercial loan origination and decisioning process. With more than $3.7 billion in assets, more than 154,000 members and 26 physical branch locations, Navigant Credit Union is the largest credit union in Rhode Island […] - [Standing Strong: How to bounce back after a career setback](https://thecreditunionconnection.com/standing-strong-how-to-bounce-back-after-a-career-setback/): Jackie Brown, Founder/CEO, Shifting Success Have you ever experienced that moment of dread when your boss walks into your office with “that” look? That look is followed by, “You got a minute?” or “I need you to step into my office.” The news that followed next might be one of a million different announcements, but the result was the same: your career just took a setback. Career setbacks are part of our working life – whether it’s as dramatic as a merger, as traumatic as a layoff or as wonky as an unexpected bad review. It doesn’t take too many […] - [Credit Union Communities Mobilize Urgent Relief Efforts in Response to Devastation from Hurricane Milton](https://thecreditunionconnection.com/credit-union-communities-mobilize-urgent-relief-effortsin-response-to-devastation-from-hurricane-milton/): In the aftermath of Hurricane Milton, the destruction across the region is catastrophic, with more than 192,000 residents still without power and countless others dealing with severe damage caused by the storm\’s 120 MPH winds. Hurricane Milton struck central Florida Wednesday night as a Category 3 storm, resulting in life-threatening storm surges, at least at least 45 preliminary reports of tornadoes, and extreme flooding. Nonetheless, the resilience of the credit union movement has shown during this recovery period as credit unions, Leagues, and other system partners have banded together to support those impacted. The Southeastern Credit Union Foundation (SECUF) has […] - [Robins Financial Credit Union Mourns the Passing of Former President and CEO, John S. Ruffin, Sr.](https://thecreditunionconnection.com/robins-financial-credit-union-mourns-the-passing-of-former-president-and-ceo-john-s-ruffin-sr/): Robins Financial Credit Union is deeply saddened to announce the passing of John S. Ruffin, Sr., former President and CEO. Ruffin passed away peacefully, on October 7, 2024, in Athens, Georgia, surrounded by his loving family. Born in Memphis, Tennessee, on September 30, 1936, Ruffin\’s journey was marked by a lifelong dedication to service, leadership, and family. Ruffin\’s impact on the credit union industry was significant, with over 26 years of service to the National Credit Union Administration (NCUA), including 12 years as the Regional Director of the Atlanta and Austin regions. Following his distinguished career with the NCUA, Ruffin […] - [Tyfone Launches Payfinia Inc. to Disrupt Instant Payments Digital User Experience](https://thecreditunionconnection.com/tyfone-launches-payfinia-inc-to-disrupt-instant-payments-digital-user-experience/): Tyfone announces the formation of Payfinia Inc., a separate entity dedicated to providing innovative solutions that redefine instant payments. This new venture leverages Tyfone’s expertise in digital banking user experience (UX) and intellectual property (IP) developed through the successful deployment of the Instant Payment Xchange (IPX), a secure, scalable and affordable money movement gateway to the FedNow Service. The Instant Payment Xchange (IPX) has already converted nearly 30% of Same-Day ACH Credit transactions to Send transactions on push instant payment systems, offering a digital experience that seamlessly routes existing payment solutions through networks like FedNow. This shift enhances operational efficiency […] - [PenFed Credit Union Selects Blend to Transform Home Lending Operations](https://thecreditunionconnection.com/penfed-credit-union-selects-blend-to-transform-home-lending-operations/): Nation’s second largest federal credit union to enhance automation, efficiency and member experience with Blend Blend announced a partnership with PenFed Credit Union to enhance its home lending operations. As the nation’s second largest federal credit union, with over $33 billion in assets and nearly 3 million members, PenFed’s decision to partner with Blend represents a significant step towards delivering a more seamless mortgage application experience for its members, while providing its loan officers with a cutting-edge platform. Blend: A Proven Partner to Credit Unions Blend currently serves seven of the top 10 credit unions in the U.S. and provides […] - [Citadel Credit Union Responds to DoJ Settlement and Bolsters Commitment to a Brighter Future for All](https://thecreditunionconnection.com/citadel-credit-union-responds-to-doj-settlement-and-bolsters-commitment-to-a-brighter-future-for-all/): This agreement marks a pivotal moment in Citadel\’s journey, embracing the opportunity to reinforce its dedication to community and demonstrate its strong aspiration to ensure access to credit and financial services for every member of the communities it serves. Read statements by DoJ and Chairman Harper. Legal analysis of the settlement from Henry Meier, Esq. Citadel Credit Union President & CEO, Bill Brown commented: \”As we look back at our history, this is a situation arising from what we weren\’t doing, rather than one of intentional acts. Banking has not been immune to the digital disruption that has swept across […] - [Nearly 1,000 Members Traveled to Greensboro for SECU’s Annual Membership Meeting and Board Election](https://thecreditunionconnection.com/nearly-1000-members-traveled-to-greensboro-for-secus-annual-membership-meeting-and-board-election/): Highlights also included disaster relief collections for Western North Carolina State Employees’ Credit Union (SECU) held its 2024 Annual Membership Meeting this week at the Koury Convention Center in Greensboro and was pleased to welcome nearly 1,000 members to the in-person event and over 600 viewers to the livestream broadcast. During the meeting, SECU Board Chair Mona Moon, SECU Foundation Board Chair Chris Ayers, and SECU President and CEO Leigh Brady presented fiscal year-end reports to the membership. Moon also announced the results of the Board of Directors’ election. Robert “Bob” Brinson, Mark Fleming, Stelfanie Williams, and McKinley Wooten Jr. […] - [Unitus Community Credit Union Awarded the John Pembroke “Catalyst for  Change” Award ](https://thecreditunionconnection.com/unitus-community-credit-union-awarded-the-john-pembroke-catalyst-fornbsp-change-awardnbsp/): Credit Union recognized by Credit Union Executives Society (CUES) for leading the way in  advancing Diversity, Equity, and Inclusion (DEI) within the credit union industry  The Credit Union Executives Society (CUES) awarded Unitus  Community Credit Union its prestigious John Pembroke “Catalyst for Change” Award during a  celebratory luncheon at Unitus Business Center at Tigard today. This national honor, awarded to  only one credit union, recognizes Unitus for its efforts to advance diversity, equity, and inclusion  (DEI) within the credit union industry.  CUES’ VP of Sales and Member Relations, Carolyn Cereghino, presented Unitus President and CEO  Steven Stapp with the John […] - [Kenyan President William Ruto Confirms Support for SACCO Movement in Meeting with Credit Union Leaders](https://thecreditunionconnection.com/kenyan-president-william-ruto-confirms-support-for-sacco-movement-in-meeting-with-credit-union-leaders/): African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) leads large delegation to meeting at Kenya’s State House President William Ruto (bottom far left), with Elissa McCarter LaBorde (top right) and other credit union leaders President William Ruto of Kenya confirmed cooperatives are central to his government’s priorities and that he wants to see the savings and credit cooperative (SACCO) movement in Kenya succeed during an October 7 State House meeting with a large delegation of African and U.S. credit union leaders that included World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde and Worldwide Foundation for […] - [Unitus Community Credit Union Celebrates International Credit Union Day with World Foundation for Credit Unions](https://thecreditunionconnection.com/unitus-community-credit-union-celebrates-international-credit-union-day-with-world-foundation-for-credit-unions/): Early celebration features “Paella for Peace” event and recognition for community partners Unitus Community Credit Union got a jumpstart on celebrating International Credit Union Day with an event honoring the global cooperative movement, recognizing community partners, and engaging with the World Foundation for Credit Unions (WFCU). International Credit Union Day is a celebration of the credit union movement’s history; it’s an opportunity to promote credit union achievements, share member experiences, and advocate for credit unions around the world. Unitus hosted WFCU President Mike Reuter at its “Paella for Peace” celebration. Spearheaded by Unitus Community Credit Union President and CEO, Steven […] - [Citadel Federal Credit Union Settles for $6.5 Million with Justice Department Over Redlining Allegations](https://thecreditunionconnection.com/citadel-federal-credit-union-settles-for-6-5-million-with-justice-department-over-redlining-allegations/): The Justice Department announced today that Citadel Federal Credit Union has agreed to pay over $6.5 million to resolve allegations that it engaged in a pattern or practice of lending discrimination by redlining predominantly Black and Hispanic neighborhoods in and around Philadelphia. This landmark agreement is the Justice Department’s first redlining settlement with a credit union, making this a historic achievement for the Combating Redlining Initiative. Redlining is an illegal practice in which lenders avoid providing credit services to individuals living in communities of color because of the race, color or national origin of residents in those communities. Read Citadel […] - [How to Attract Younger Members with Relevant, Digitally Optimized Services](https://thecreditunionconnection.com/how-to-attract-younger-members-with-relevant-digitally-optimized-services/): Matt Potere, CEO, Happy Money As the average member age continues to rise, credit unions are struggling to attract and retain younger generations, posing a risk to the industry as a whole. Exacerbating the issue, the competitive landscape is more crowded than ever, with large national institutions, neobanks, fintechs and even major retail brands vying for member wallet share and loyalty. It’s imperative for credit unions to start to think outside of the box, identifying and leveraging new strategies to acquire members (especially from younger demographics). Of course, the first step is understanding more about who these consumers are and […] - [DCUC and R.I.A. Federal Credit Union Host 2024 DCUC Midwest Conference ](https://thecreditunionconnection.com/dcuc-and-ria-federal-credit-union-host-2024-dcuc-midwest-conferencenbsp/): The Defense Credit Union Council (DCUC) successfully concluded its 2024  Midwest Sub-Council Conference held from October 8-10. This year’s Midwest event, co-hosted  by R.I.A. Federal Credit Union, brought together industry leaders to cover important topics  including military service and financial technology, while also providing timely updates on key  regulations and legislation impacting credit unions.   Since its inception in 1972, the Midwest Sub-Council has fostered a close-knit community of  credit union executives gathering by a shared commitment to serving military and veteran  communities. The Midwest Sub-Council Conference provides an essential forum for these  leaders to exchange best practices, discuss emerging trends, […] - [DCUC’s Defending Credit Unions National Advocacy Fund Launches Targeted Advertisement Campaign](https://thecreditunionconnection.com/dcucs-defending-credit-unions-national-advocacy-fund-launches-targeted-advertisement-campaign/): Opposing Durbin-Marshall Amendments to 2025 NDAA  The Defense Credit Union Council’s, DCUC, Defending Credit Unions National Advocacy Fund has launched a targeted digital advertising campaign to highlight the risks and concerns of adding Senator Dick Durbin’s (D-IL) and Senator Roger Marshall’s (R-KS) proposed Credit Card Competition Act, CCCA, language to the 2025 National Defense  Authorization Act, NDAA.  The advertising campaign reaffirms DCUC’s position that any CCCA-like amendments could jeopardize important defense-related legislation while attempting to enrich the largest multinational retailers at the expense of our Nation’s military and veteran consumers.   “This advertisement campaign allows us to raise awareness of the potentially […] - [NCUA Assisting Credit Unions in Areas Hit by Hurricane Milton](https://thecreditunionconnection.com/ncua-assisting-credit-unions-in-areas-hit-by-hurricane-milton/): As Florida recovers from the destruction of Hurricane Milton, the National Credit Union Administration has resources available to help credit unions affected by the storm. There are 77 federally chartered credit unions headquartered in the 51 counties that are under a Florida state of emergency. NCUA examiners have been working to stay in contact with those credit unions, determine their status, and offer assistance as needed. The NCUA reminds credit union staff to keep in contact, if possible, with local authorities. Credit unions needing assistance should contact their regional offices. NCUA Assistance for Credit UnionsWhen a disaster strikes, NCUA personnel […] - [Indiana Credit Union League Presents Awards at Annual Convention and Purdue Federal Credit Union Announces Organizational Structure Changes](https://thecreditunionconnection.com/indiana-credit-union-league-presents-awards-at-annual-convention-and-purdue-federal-credit-union-announces-organizational-structure-changes/): The Indiana Credit Union League presented several awards at its annual convention, and Purdue Federal Credit Union announced changes to its organizational structure at the chief level. New Hires PenAir Credit Union (PenAir) is excited to announce the appointment of Rebekah Vassar as the new Panama City, FL Market Executive for its Commercial Banking team. Bringing a wealth of experience in commercial lending and financial management, Vassar is ready to lead the expansion of PenAir’s commercial banking operations throughout the Panama City and Bay County, FL region. Recognitions David Kish, a current Purdue Federal Credit Union board member, has been […] - [DCUC Announces Formation of Texas Sub-Council](https://thecreditunionconnection.com/dcuc-announces-formation-of-texas-sub-council/): The Defense Credit Union Council (DCUC) is proud to announce the formation of the DCUC Texas Sub-Council. This unique gathering is dedicated to addressing the specific challenges and opportunities faced by credit unions serving military members, veterans, and their families in Texas. \”DCUC has been a steadfast advocate for the vital role credit unions play in supporting the financial well-being of servicemembers, veterans, and their families,” said DCUC President/CEO Anthony Hernandez. “While strengthening our efforts in the Texas region, this unique Sub- Council serves to provide our members an additional platform to champion their interests and operations.” This regional event […] - [LSCU Wraps Up Successful 2024 CEO and C-Suite Summit with Engaging Speakers and Strategic Discussions ](https://thecreditunionconnection.com/lscu-wraps-up-successful-2024-ceo-and-c-suite-summit-with-engaging-speakers-and-strategic-discussionsnbsp/): This week, the League of Southeastern Credit Unions (LSCU) wrapped up the 2024 CEO and C-Suite Summit in Savannah, Georgia. Building on the success of last year’s inaugural event, the CEO and C-Suite Summit created a platform for candid conversations, innovative ideas, and transformative strategies. This year’s CEO and C-Suite Summit featured a diverse lineup of keynote speakers and presentations including Ryan McEleney, Chief People & Culture Officer at American Eagle Financial Credit Union, who shared his expertise on leadership, culture, and inclusion, emphasizing the power of using people data to drive organizational success. Additionally, Kim Wyman, President of ESI […] - [Shanece Robinson Named 2024 CUES Emerge Winner](https://thecreditunionconnection.com/shanece-robinson-named-2024-cues-emerge-winner/): Empowering the Next Generation of Credit Union Leaders Through Innovation and Growth Shanece Robinson, Team Lead, Learning & Development, Sharonview Federal Credit Union, Fort Mill, SC, has been named the 2024 CUES Emerge winner. As one of five finalists, Robinson’s journey began when she was selected into the CUES Emerge program early in 2024. From there, attendees engaged in live online courses and Mastermind sessions, creating project ideas and developing business cases, which were later reviewed by a panel of judges. On October 2, Robinson and the four other finalists presented their projects live during an online pitch show. The […] - [CUSO’s CU-Save Program Delivers Major Cost Savings for Credit Unions](https://thecreditunionconnection.com/cusos-cu-save-program-delivers-major-cost-savings-for-credit-unions/): InterLutions, a leading Credit Union Service Organization (CUSO), has once again delivered impressive savings for credit unions through its CU-Save program. Partnering with the industry-leading advisory firm SRM, InterLutions recently helped 34 credit unions save a combined $10 million by negotiating improved contracts with third-party vendors. Since its launch in 2017, CU-Save has helped over 80 credit unions across the country significantly reduce expenses and achieve more favorable agreements. CU-Save is designed to help credit unions align pricing, increase incentives and income, and remove restrictive service requirements from their vendor contracts. According to Jesse Kohl, President of InterLutions, \”This partnership […] - [SECU Foundation Awards $760,000 in Capacity Building Grants to 19 North Carolina Non-Profits](https://thecreditunionconnection.com/secu-foundation-awards-760000-in-capacity-building-grants-to-19-north-carolina-non-profits/): The SECU Foundation Board of Directors recently approved $760,000 in Mission Development Grants (MDGs) to benefit 19 North Carolina non-profits, each receiving $40,000. Funding for this cohort focused on technology education, support against domestic violence, housing and homelessness, child advocacy and youth services, healthcare services, and crisis intervention. MDG funding began eight years ago and has since become an integral part of the Foundation’s annual grantmaking process. The award-winning program has laid the groundwork for the Foundation to expand its criteria for two additional capacity building programs – Rural Opportunity and Disaster Response grants. These small dollar high-value grants are […] - [University of Toledo Federal Credit Union announces new residual based auto financing](https://thecreditunionconnection.com/university-of-toledo-federal-credit-union-announces-new-residual-based-auto-financing/): Greg Cook, the President and CEO of the University of Toledo Federal Credit Union (UTFCU) signed an agreement with Auto Financial Group (AFG) to make residual based auto financing available to the members of UTFCU. “At University of Toledo FCU, we are always seeking ways to help our members. The recent increase in inflation coupled with the higher demand for vehicles made the AFG program something that we wanted to make available for our members.” Greg Cook, CEO of UTFCU said that “with the higher rates over the past several years and increased auto prices, our members have felt the […] - [First Tech Federal Credit Union Named First Partner of Portland\'s New WNBA Team and Inaugural \"Community Game Changer\" Partner of Portland Thorns](https://thecreditunionconnection.com/first-tech-federal-credit-union-named-first-partner-of-portlands-new-wnba-team-and-inaugural-community-game-changer-partner-of-portland-thorns/): Partnerships to spark interest in STEM among young women, support local tech community RAJ Sports announced today First Tech Federal Credit Union(First Tech) as the inaugural partner and Official Credit Union of Portland\’s new WNBA team, and the Official Credit Union of the Portland Thorns.  The partnerships will feature community initiatives focused on creating interest in STEM among populations historically underrepresented in the tech industry, exclusive benefits for First Tech members, and collaborations to highlight emerging tech companies from across the region. First Tech will also become the first \”Community Game Changer\” partner of both teams, a top-tier designation reserved […] - [Navy Federal Credit Union Launches New cashRewards Plus Credit Card, Offering Members Unlimited 2% Cash Back on All Purchases](https://thecreditunionconnection.com/navy-federal-credit-union-launches-new-cashrewards-plus-credit-card-offering-members-unlimited-2-cash-back-on-all-purchases/): Navy Federal Credit Union today announced the launch of its new cashRewards Plus credit card, offering members an even more rewarding way to earn cash back on their everyday purchases. The cashRewards Plus card provides members with unlimited 2% cash back on all purchases, making it a competitive option for cardholders who value cash back. This new card builds upon Navy Federal\’s commitment to delivering exceptional value and benefits to members of the military and their families. Eligible members that qualify for cashRewards Plus have access to a comprehensive suite of benefits, including: No annual fee No balance transfer fees […] - [Discovery Federal Credit Union Celebrates International Credit Union Day with $2,000 Donation to Breast Cancer Support Services of Berks County](https://thecreditunionconnection.com/discovery-federal-credit-union-celebrates-international-credit-union-day-with-2000-donation-to-breast-cancer-support-services-of-berks-county/): In celebration of International Credit Union Day on October 17, Discovery Federal Credit Union reinforced its commitment to the cooperative principle of “Concern for Community” with a $2,000 donation to Breast Cancer Support Services (BCSS) of Berks County. As a not-for-profit financial cooperative, Discovery FCU strives to make a positive impact on its members and the local community, a mission that was at the heart of this donation and event. International Credit Union Day is observed annually by credit unions worldwide to recognize the unique role they play in improving financial well-being and strengthening communities. Discovery FCU commemorated the day […] - [FACT SHEET: National Strategy for Financial Inclusion in the United States](https://thecreditunionconnection.com/fact-sheet-national-strategy-for-financial-inclusion-in-the-united-states/): The U.S. Department of the Treasury’s (Treasury) National Strategy for Financial Inclusion is a set of objectives and recommendations designed to expand access to safe and affordable financial products and services for all Americans. The Strategy, requested in 2023 by Congress, was informed by Treasury’s extensive research and engagement with experts, community leaders, industry representatives, and other federal agencies, including public input through a Request for Information. The ability to fully and beneficially participate in the U.S. financial system is a foundation for financial resilience, well-being, and the opportunity to build wealth. Improving inclusion in the financial system is a critical […] - [Astera Credit Union Members Approve Merger with Adventure Credit Union in Overwhelming Vote](https://thecreditunionconnection.com/astera-credit-union-members-approve-merger-with-adventure-credit-union-in-overwhelming-vote/): In a landmark decision, Astera Credit Union members have voted decisively in favor of merging with Adventure Credit Union. With an impressive 93% approval at the October 29th special meeting, the vote signals a resounding endorsement of the combined vision for the future of both credit unions. The merger brings together two member-focused financial institutions that share a commitment to providing exceptional financial services and education to their members and communities. By combining resources, the new partnership enhances opportunities for members, broadens their access to financial products and services, and expands branch access across Michigan counties. “We are excited about […] - [MIDFLORIDA Credit Union’s Gift of Reading Program Marks 19 Years of Inspiring Young Readers](https://thecreditunionconnection.com/midflorida-credit-unions-gift-of-reading-program-marks-19-years-of-inspiring-young-readers/): MIDFLORIDA Credit Union is thrilled to announce the return of its annual Gift of Reading program, marking its 19th year as one of the organization’s most impactful community initiatives. This year, MIDFLORIDA Credit Union employees will be visiting a record-breaking 284 schools across 18 counties to reach over 29,000 students with the joy of reading. Each child will receive a personal copy of Monsters Love Cupcakes, a bright and playful rhyming book that highlights the values of collaboration and sharing. The Gift of Reading program embodies MIDFLORIDA’s commitment to supporting local communities beyond traditional banking services, showcasing a deep investment […] - [PenFed Credit Union Finishes Third Quarter with Increased Liquidity and Capital](https://thecreditunionconnection.com/penfed-credit-union-finishes-third-quarter-with-increased-liquidity-and-capital/): America\’s second largest federal credit union welcomes over 94,000 new members and maintains over $3 billion in regulatory net worth. PenFed Credit Union, the nation\’s second-largest federal credit union, finished the first nine months of 2024 with increased liquidity and capital. PenFed also finished the first nine months with nearly 3 million members, $32.7 billion in assets and over $3 billion in regulatory net worth. \”We are ahead of our 2024 business plan and continue to execute on our key priorities of building liquidity and capital,\” said PenFed President and CEO James Schenck. \”PenFed is committed to supporting our members while […] - [3 Steps to Future-Proofing Your Credit Union ](https://thecreditunionconnection.com/3-steps-to-future-proofing-your-credit-unionnbsp/): Essential Advice for Your Transformation Journey Kevin Porter, President and CEO, DxO Advisors, LLC In an ever-evolving financial landscape, credit unions face the dual challenge of staying competitive while remaining true to their member-focused mission. With technology continuing to shape the future of financial services, building an operating model that can adapt and evolve over the next 5 to 10 years is crucial. But how do you approach this daunting task? Drawing on my experience with both successful and unsuccessful digital transformations, I have three pieces of foundational advice for any credit union looking to future-proof their organization: 1. Let […] - [NCUA Posts 2025–2026 Proposed Budget, Sets Nov. 22 Public Briefing](https://thecreditunionconnection.com/ncua-posts-20252026-proposed-budget-sets-nov-22-public-briefing/): Agency Accepting Comments and Budget Briefing Presentation Requests The National Credit Union Administration’s staff draft budget for 2025–2026 is now available on the agency’s website for review and comment. The NCUA has also submitted the proposed budget for publication in the Federal Register, and the comment period remains open until November 27. The proposed combined 2025 budget is $433.0 million, a 12.2 percent increase from the 2024 budget. The 2025 combined staff draft budget is $0.3 million lower than the 2025 funding level previously approved by the NCUA Board as part of the two-year 2024–2025 budget. The NCUA’s 2024–2025 staff […] - [Pinwheel Partners with Terafina to Enhance Omnichannel Account Opening and Customer Onboarding for Financial Institutions](https://thecreditunionconnection.com/pinwheel-partners-with-terafina-to-enhance-omnichannel-account-opening-and-customer-onboarding-for-financial-institutions/): Pinwheel, a fintech that helps financial institutions win primacy with frictionless activation, is partnering with Terafina/Candescent, a leading solution provider for customer account opening and onboarding across digital, branch and call center channels. This partnership will bring Pinwheel\’s direct deposit switching solution to Terafina\’s/Candescent\’s bank and credit union customers, providing them with a streamlined and unified account opening experience across digital and in-person channels. Consumers today have more accounts than ever before, banking at multiple institutions to satisfy their varying financial needs. As banks fight to win greater shares of consumers\’ wallets and ultimately battle for account primacy – to […] - [Purdue Federal Credit Union Updates 2 High School Debit Card Designs](https://thecreditunionconnection.com/purdue-federal-credit-union-updates-2-high-school-debit-card-designs/): Purdue Federal Credit Union is thrilled to announce the launch of newly designed Visa® Debit Cards for Lafayette Jefferson and Harrison High Schools. These innovative card designs are now available and feature the iconic Bronco and Raider logos that represent the pride and spirit of each school. In an initiative to engage students and celebrate their creativity, Purdue Federal held design contests inviting students to submit their ideas for the new debit cards. After a public vote, the winning designs stood out for their originality and school pride. Ellianna Lingley, a student at Harrison High School, and Jaxon Vigus from […] - [Financial Plus Credit Union and 4-H/MSU Extension  Announce Partnership to Expand Financial Literacy](https://thecreditunionconnection.com/financial-plus-credit-union-and-4-hmsu-extensionnbsp-announce-partnership-to-expand-financial-literacy/): Financial Plus Credit Union is thrilled to announce its partnership with 4-H/MSU Extension,  titled GenMoney. The collaboration will expand financial education teachings by providing free curriculum for schools in Michigan.  “We’re giving students a head start on a successful financial future by offering the tools, knowledge, and  resources they need to reach their highest potential,” expresses Brad Bergmooser, President and CEO of  Financial Plus Credit Union. “Our collaboration with 4-H/MSU Extension meets the next generation’s  needs with a personalized education experience that complements schools’ existing coursework.”  Governor Gretchen Whitmer signed House Bill 5190, a bipartisan law requiring Michigan students to  […] - [Greater Texas|Aggieland Credit Union Sees Quick Acceptance of New Tex-Line Virtual Assistant](https://thecreditunionconnection.com/greater-texasaggieland-credit-union-sees-quick-acceptance-of-new-tex-line-virtual-assistant/): In just a couple of months, implementing an AI-based system into its contact center has yielded impressive efficiency gains along with other benefits for Greater Texas|Aggieland Credit Union. Earlier this summer, Greater Texas and its Aggieland subsidiary rolled out the AI-based Tex-Line feature as part of its voice system call flow, and in no time the system was handling about one out of every four calls. That has eased the burden on contact center agents while providing human-like interaction with members. “Our members can have human-like conversations with Tex-Line for a more personalized experience. That is a big improvement from our […] - [TopLine Financial Credit Union Receives a Star Tribune 2024 Minnesota’s Best Award](https://thecreditunionconnection.com/topline-financial-credit-union-receives-a-star-tribune-2024-minnesotas-best-award/): TopLine honored with Bronze award in the Insurance Company Category TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been voted a 2024 Minnesota’s Best bronze winner in the Insurance Company category. As Minnesota’s number one local choice for news, information and advertising, the Star Tribune’s Minnesota’s Best program recognizes the best Minnesota businesses from over 390 categories. The Minnesota’s Best Awards are determined by the votes of Minnesota Star Tribune readers, celebrating the businesses and services that stand out in the community.   A complete list of winners is available online at https://www.votedminnesotasbest.com/categories/2024 and published in the […] - [SECUF Launches the Friends of the Foundation Membership Program](https://thecreditunionconnection.com/secuf-launches-the-friends-of-the-foundation-membership-program/): The Southeastern Credit Union Foundation (SECUF), the charitable arm of the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) is proud to announce the launch of the Friends of the Foundation membership program. This initiative enables individuals and organizations to partner with SECUF, gaining access to financial wellness benefits, volunteer opportunities, and credit union products and services. By becoming a member, individuals actively participate in the Foundation’s priorities while catalyzing support for disaster resilience, credit union development, and community impact programs. Individuals who join Friends of the Foundation will benefit from: Access to membership opportunities with participating credit […] - [Great Lakes Credit Union and the GLCU Foundation for Financial Empowerment Embraces CU Kind Day by Expanding Outreach Efforts in a Week of Volunteering](https://thecreditunionconnection.com/great-lakes-credit-union-and-the-glcu-foundation-for-financial-empowerment-embraces-cu-kind-day-by-expanding-outreach-efforts-in-a-week-of-volunteering/): Embracing the credit union movement\’s mission of \”people helping people,\” Great Lakes Credit Union (GLCU) and the GLCU Foundation for Financial Empowerment expanded on the nationwide CU Kind Day – a day for credit unions to give back to their local communities – by dedicating the entire week of October 14th as a \”Week of Volunteering.\” GLCU encouraged employees to volunteer all week in local communities, and 146 employees volunteered 500 hours through participation in 20 events. This outreach effort dovetails with the mission of the GLCU Foundation, the philanthropic arm of the credit union. Each year, GLCU sets a […] - [PenAir Celebrates Local Educators through #TreatATeacher](https://thecreditunionconnection.com/penair-celebrates-local-educators-through-treatateacher/): PenAir Credit Union (PenAir) recently honored six area teachers through its annual #TreatATeacher campaign, recognizing the exceptional contributions of educators in Escambia, Santa Rosa and Baldwin counties. “Teachers make such a profound impact on our children and our communities,” said Casey Brueske, Community Education Development Specialist. “By allowing our followers on social media to nominate the teachers, we were able to celebrate those most making a mark in the lives of their students.” PenAir asked its Facebook and Instagram followers to nominate their favorite teachers, and the response was overwhelming with more than 3,000 nominations. This year’s winners each received $1,000 […] - [Velera Announces Partnership with RAI PARTNERS ](https://thecreditunionconnection.com/velera-announces-partnership-with-rai-partnersnbsp/): Velera – formerly PSCU/Co-op Solutions, today announced its partnership with RAI PARTNERS. Established in 2021, RAI PARTNERS is a fintech CUSO dedicated to providing a suite of data-driven, AI-powered products for credit unions, community banks and companies interested in embedded fintech. Its mission is to strengthen the credit union ecosystem through data-driven products that unlock growth and engage members. “At RAI PARTNERS, we are committed to offering credit unions and financial institutions with access to user-centric fintech offerings to drive member engagement and satisfaction,” said RAI PARTNERS Co-Founder and CEO Ed Preuss. “We are proud to be working alongside Velera […] - [Addition Financial Credit Union Introduces New Debit Card Donation Program to Support Nonprofits and Education](https://thecreditunionconnection.com/addition-financial-credit-union-introduces-new-debit-card-donation-program-to-support-nonprofits-and-education/): Members of Addition Financial Credit Union can now make a difference in their communities with every debit card purchase. The organization is proud to announce that for each purchase with a member’s standard debit card, Addition Financial will donate a half cent to the Addition Financial Foundation, the philanthropic arm of the credit union. There is no added cost to members. “We are excited to offer our members an effortless way to contribute to the betterment of the Central Florida community,” Kevin Miller, President and CEO of Addition Financial Credit Union. “Every transaction made with our flagship debit cards will […] - [DCUC Responds to Remarks by Congresswoman Claudia Tenney at ABA Conference](https://thecreditunionconnection.com/dcuc-responds-to-remarks-by-congresswoman-claudia-tenney-at-aba-conference/): DCUC Letter Offers Dialogue on Credit Union Tax Status and Regulation On October 29, 2024, the Defense Credit Union Council, DCUC, sent a letter to Congresswoman Claudia Tenney (NY-24) in response to comments made during the recent American Bankers Association (ABA) conference. In the letter, Jason Stverak, DCUC Chief Advocacy Officer, expresses DCUC’s appreciation for Congresswoman Tenney\’s willingness to discuss credit unions\’ tax-exempt status and regulatory framework, including  Community Reinvestment Act (CRA) requirements.  “The tax-exempt status of credit unions is closely tied to their mission-driven structure,  especially those that serve military and defense communities,” says Stverak. “Unlike shareholder-driven institutions, credit unions reinvest […] - [NCUA To CU Boards: Make Sure Cybersecurity is a Top Priority](https://thecreditunionconnection.com/ncua-to-cu-boards-make-sure-cybersecurity-is-a-top-priority/): Henry C. Meier, The Law Office of Henry C. Meier The NCUA released regulatory guidance on Monday emphasizing that boards of directors must make oversight of their credit union’s cybersecurity programs a top management priority. The guidance applies to both state and federally chartered credit unions. “Cybersecurity is not just an ‘IT’ issue. It must be a critical component of any credit union’s overall governance and risk-management strategy. A cyber incident can have far-reaching consequences, not only affecting your institution’s financial stability but also potentially impacting the entire financial services system while eroding member trust and damaging your credit union’s […] - [In honor of Veterans Day, Navy Federal Credit Union Releases Best Cities After Service to Support Transition to Civilian Life](https://thecreditunionconnection.com/in-honor-of-veterans-day-navy-federal-credit-union-releases-best-cities-after-service-to-support-transition-to-civilian-life/): Sarasota, FL tops the list of cities; Report includes locations for retired Veterans, small business owners, homebuyers and best small towns. Navy Federal Credit Union, in partnership with Sperling’s BestPlaces, released its 2024 Best Cities After Service list—a report designed to help military servicemembers, Veterans and their families make a smooth transition to civilian life by evaluating the pros and cons of US cities where they may consider settling down. From coastal and midwestern locations, to warm and cold climates and big cities and small towns, the Best Cities After Service report has options for everyone. More than 200,000 servicemembers […] - [Corning Credit Union Taps Pryon To Transform Member Support with AI-Powered Information Retrieval](https://thecreditunionconnection.com/corning-credit-union-taps-pryon-to-transform-member-support-with-ai-powered-information-retrieval/): Leading credit union leverages Pryon Generative AI Platform to enhance employee efficiency and deliver faster and better service to its members Today Pryon, the secure and portable Generative AI Platform, announced that Corning Credit Union (CCU) has adopted its platform to revolutionize how its employees access information, improving operational efficiency and delivering faster, more effective member support. Faced with the challenge of fragmented data across multiple systems, CCU turned to the Pryon Platform to streamline workflows and provide employees with instant access to critical information, helping the organization maintain its commitment to top-tier member service. Corning Credit Union is dedicated to providing […] - [equipifi Reports Growing Bank BNPL Adoption Prior to Holiday Shopping](https://thecreditunionconnection.com/equipifi-reports-growing-bank-bnpl-adoption-prior-to-holiday-shopping/): equipifi anticipating 740% growth in financial institutions leveraging its BNPL platform year-over-year heading into the biggest shopping season of the year equipifi, the leading provider of Buy Now, Pay Later (BNPL) solutions for banks and credit unions, reported record-breaking growth in bank-led BNPL adoption and loan activity prior to the holiday season. equipifi provides a white label, debit card and checking account based BNPL SaaS that enables financial institutions to offer pre-qualified installment loans within their digital banking experience. According to Bryce Deeney, equipifi\’s co-founder and CEO, the BNPL platform saw more consumers accept offers from their financial institutions in […] - [First Capital Federal Credit Union Participates in Walk to End Alzheimer’s!](https://thecreditunionconnection.com/first-capital-federal-credit-union-participates-in-walk-to-end-alzheimers/): On Saturday, October 26, 2024, First Capital Federal Credit Union employees and FirstCap Gives Back Foundation members participated in the 2024 Walk to End Alzheimer’s to help raise awareness and support for the Alzheimer’s Association. First Capital Federal Credit Union made a 25.00 donation for each employee who participated, as well as any other household family member who joined them. Each participant also received their own fundraising page to raise more money for the First Capital Team. - [Get the Most Out of Your Strategic and Succession Planning](https://thecreditunionconnection.com/get-the-most-out-of-your-strategic-planning/): It’s nearing the end of the year, and that means one thing: It’s strategic planning season! While your credit union may have an idea of what could be coming in 2025, how much thought has your credit union put into strategic succession planning? Do you have one? What positions is it necessary for? The Credit Union Connection Co-Founder/CEO Sarah Snell Cooke sat down with Michael Wolsten of Michael Wolsten Consulting to discuss strategic planning, succession planning (including the NCUA’s new rule) and executive coaching for 2025. Michael adds it’s equally important to pay homage to the past while also moving […] - [Pasadena Federal Credit Union Selects Ozgun Ulupinar as Chief Information Officer (CIO)](https://thecreditunionconnection.com/pasadena-federal-credit-union-selects-ozgunulupinar-as-chief-information-officer-cio/): Pasadena Federal Credit Union proudly announces Ozgun Ulupinar as its new Chief Information Officer (CIO). Ulupinar will spearhead the Credit Union’s digital transformation, overseeing information security and technological infrastructure while driving innovation to enhance member services. Collaborating closely with the executive team, she will align technology strategies with the Credit Union’s mission of \”Engaging, Educating, and Inspiring every community member.\” Ulupinar’s proven expertise in technology leadership positions him to advance operational efficiency and deliver superior service to the communities Pasadena Federal Credit Union serves. “We are thrilled to welcome Ozgun as our new Chief Information Officer,” said James Chang, President/CEO […] - [1 in 4 Americans Enrolled in a High-Yield Savings Account Earn 5% APY or Higher, According to Plinqit’s 2024 State of Savings Report](https://thecreditunionconnection.com/1-in-4-americans-enrolled-in-a-high-yield-savings-account-earn-5-apy-or-higher-according-to-plinqits-2024-state-of-savings-report/): Plinqit’s 2024 State of Savings Report shows that majority of Americans using a high-yield savings account earn between 4% and 4.99% APY Plinqit, an award-winning provider of high-yield and automated savings software solutions that enable financial institutions to grow deposits, attract new customers and expand their retail footprint, reveals that 1 in 4 Americans who are enrolled in a high-yield savings account earn 5% or higher APY, according to the company’s 2024 State of Savings Report. Plinqit’s 2024 State of Savings Report offers exclusive insights into the savings habits of today’s consumers and is based on a recent Plinqit survey […] - [Tri-County Community Resource Center Receives Historic $100,000 Donation from Suncoast Credit Union](https://thecreditunionconnection.com/tri-county-community-resource-center-receives-historic-100000-donation-from-suncoast-credit-union/): Suncoast Credit Union, the largest credit union in Florida, presented a historic $100,000 donation to the Tri-County Community Resource Center on Monday, marking the largest financial gift in the organization’s history. This contribution is part of Suncoast’s $850,000 statewide relief commitment to support communities most impacted by Hurricanes Helene and Milton, with a specific focus on hunger relief, crisis management, and education. The donation will serve as a lifeline for families in Levy, Gilchrist, and Dixie counties, enabling the Tri-County Community Resource Center to expand critical services such as food, shelter, counseling, and educational support for families in the aftermath […] - [OceanAir FCU Partners with Nook to Implement New Niche Experience](https://thecreditunionconnection.com/oceanair-fcu-partners-with-nook-to-implement-new-niche-experience/): Nook (www.nook-inc.com), a pioneer of niche experiences, is excited to announce OceanAir Federal Credit Union (Oxnard, CA) has signed an agreement to implement Nook’s ​​Niche Experience Platform to enhance the member experience.   \”At OceanAir, we are committed to continuously enhancing our member experience,\” said Daniel Bednar, Chief Strategy Officer at OceanAir Federal Credit Union. This collaboration with Nook marks a new era of digital engagement, allowing us to deliver customized content and services that support our members\’ interests. Implementing Nook’s Niche Experience Platform positions us at the forefront of innovation within the credit union space and reflects our ongoing mission […] - [Valley Strong Credit Union Unveils New Website with Updated Enhancements ](https://thecreditunionconnection.com/valley-strong-credit-union-unveils-new-website-with-updated-enhancementsnbsp/): Valley Strong Credit Union is excited to announce the unveiling of its brand-new website. The new site features Life Stage and Growth Solutions Banking with tailored portfolio solutions customized to your financial journey or business size, ensuring personalized experiences.  Other website enhancements include:  Product Gallery: Explore all our products and promotions in one easy-to-navigate space. Navigation unlocked: gives an easy glance at our products and services along with a Get Started center for easy enrollment or applying for a new product.  Bring on the blue: Our Business Banking brand and portfolio has its own place on the website for Business […] - [Greenwood Municipal FCU Rebrands to TRU FCU](https://thecreditunionconnection.com/greenwood-municipal-fcu-rebrands-to-tru-fcu/): Greenwood Municipal Announces Strategic Rebranding Greenwood Municipal Federal Credit Union (GMFCU), a Federally chartered credit union with the National Credit Union Association (NCUA), is excited to announce a significant transformation in its brand identity.  Effective January 2, 2025, the credit union will be known as TRU FCU.  This change reflects the credit union’s commitment to innovation, growth, and dedication to providing exceptional service to its members. New Name, Same Commitment.  Established in April 1974, GMFCU was originally chartered as a Sponsor Employee Group credit union serving local municipalities, school districts and certain employers.  In 2022, the credit union expanded its […] - [SWIVEL™ Joins the U.S. Faster Payments Council](https://thecreditunionconnection.com/swivel-joins-the-us-faster-payments-council/): SWBC\’s SWIVEL Transactions, LLC, a leading fintech company specializing in integrated Transaction Enablement™ solutions, today announced it has officially joined the U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States. As a national, industry-led organization, the FPC seeks to foster a universal, faster payments system where Americans can safely and securely make payments to anyone, anywhere, at any time, with near-immediate funds availability. As a new member of the FPC, SWIVEL supports the organization’s goals to create a payments environment guided by principles of fairness, inclusiveness, and transparency. SWIVEL looks […] - [SchoolsFirst Federal Credit Union Extends Sponsorship for ‘Future Pathways: Superintendents Unplugged’ Podcast as Season 2 Wraps and Season 3 Recording Begins](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-extends-sponsorship-for-future-pathways-superintendents-unplugged-podcast-as-season-2-wraps-and-season-3-recording-begins/): SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced the continuation of its sponsorship for the “Future Pathways: Superintendents Unplugged” podcast as the second season concludes and recording for the third season begins. Produced by Cloudcast Media, the Classroom of the Future Foundation and the Center for Educational Innovation, the podcast provides a platform for San Diego County school superintendents to share their personal stories, leadership insights, and visions for the future of education. Season two featured a range of compelling, one-on-one discussions with superintendents on educational topics […] - [SECU Foundation Awards $1 Million to SPCA Wake for State’s First Regional Campus for Pets & People](https://thecreditunionconnection.com/secu-foundation-awards-1-million-to-spca-wake-for-states-first-regional-campus-for-pets-amp-people/): A $1 million challenge grant from SECU Foundation to SPCA of Wake County(SPCA Wake) will help the largest animal welfare organization in North Carolina establish a Regional Campus for Pets & People. The site will serve as a community hub to expand affordable pet care services and will include a new Learning Center that will provide more space to grow SPCA’s training capacity for new or potential pet owners and develop partnerships and programming for animal shelter professionals across the state.  SPCA Wake supports 59 counties, including many rural and under-resourced communities, to help match homeless pets with families, prevent […] - [University Credit Union and University of Texas at Arlington Celebrate Partnership with Launch of Exclusive UTA-Branded Credit and Debit Cards](https://thecreditunionconnection.com/university-credit-union-and-university-of-texas-at-arlington-celebrate-partnership-with-launch-of-exclusive-uta-branded-credit-and-debit-cards/): UCU\’s latest offering strengthens its partnership with UTA, delivering valuable financial tools to the university community University Credit Union (UCU) announces the official launch of its exclusive University of Texas at Arlington (UTA)-branded credit and debit cards, continuing UCU\’s dedication to supporting the UTA campus and local community. This collaboration enhances UCU\’s commitment to providing financial well-being and valuable services to the UTA community, including students, faculty, alumni, and employees. As part of the partnership, the newly branded UTA debit and credit cards are designed to benefit Maverick supporters, offering unique financial perks alongside a symbol of UTA pride. The cards will […] - [Glia Announces Winners of Inaugural Catalyst Awards at Interact 2024](https://thecreditunionconnection.com/glia-announces-winners-of-inaugural-catalyst-awards-at-interact-2024/): Glia, the leader in customer interaction technology, today announced the winners of the first-ever Catalyst Awards, celebrating forward-thinking companies that are successfully redefining how they interact with customers. The awards program highlights innovative, creative and impactful deployments of Glia Unified Interaction Management. Glia honored innovators across five distinct categories during its annual event, Interact 2024, in San Antonio, Texas. \”We are proud to celebrate this dynamic first cohort of Catalyst Awards winners at Interact 2024, showcasing different yet equally powerful ways they are enhancing customer and employee experiences,\” said Dan Michaeli, CEO and Co-Founder of Glia. \”These five businesses are […] - [Rochdale and Sway AI Partner to Elevate Vendor Risk Management with Generative AI](https://thecreditunionconnection.com/rochdale-and-sway-ai-partner-to-elevate-vendor-risk-management-with-generative-ai/): Sway AI, an innovator in no-code AI for business teams, and Rochdale, a leader in strategy and risk management for credit unions, have partnered to streamline document management and vendor onboarding using Generative AI. The collaboration will integrate Sway AI into Rochdale\’s apogee iQ™ risk software, automating manual processes and boosting efficiency for their credit union clients. Credit unions often rely on manual processes like paper applications and document handling, which lead to inefficiencies, errors, and compliance challenges. Through their partnership, Rochdale and Sway AI are addressing these issues using generative AI to automate document processing, starting with vendor onboarding […] - [DCUC Chief Advocacy Officer Named NILE 2024 Top Lobbyist](https://thecreditunionconnection.com/dcuc-chief-advocacy-officer-named-nilenbsp2024-top-lobbyist/): Today, the Defense Credit Union Council (DCUC) is proud to announce its Chief Advocacy Officer Jason Stverak has been named as a National Institute for Lobbying & Ethics (NILE) 2024 Top Lobbyist. Jason is recognized for his exceptional contributions and commitment to ethical standards in the field of lobbying and advocacy. Stverak shared “Advocacy allows me to ensure the priorities of millions of credit union members are heard in Washington, D.C., and across the country. The opportunity I have as the Chief Advocacy Officer at DCUC is an amazing opportunity to advocate for policies that allow credit unions to help their […] - [Bugle Receives Investment from Volunteer State to Transform World of Volunteering](https://thecreditunionconnection.com/bugle-receives-investment-from-volunteer-state-to-transform-world-of-volunteering/): Bugle\’s software enables nonprofits to efficiently organize and fundraise for community outreach projects, with the option to start for free using Bugle\’s Community Plan. Bugle, a company that specializes in volunteer management solutions, today announced that InvestTN joined its seed round to accelerate growth and expand global operations. The newest InvestTN portfolio company, Bugle is changing the world of volunteering from the capital of the volunteer state. Bugle is a PenFed Foundation Veteran Entrepreneur Program participant. Founded in 2021 by U.S. Army veteran Ryan Johnson, Bugle was selected to participate in The PenFed Foundation Veteran Entrepreneur Program Fall 2023 Cohort. The program exclusively […] - [PenFed Foundation Study Reveals Top U.S. Cities for Veteran Entrepreneurs in 2024](https://thecreditunionconnection.com/penfed-foundation-study-reveals-top-us-cities-for-veteran-entrepreneurs-in-2024/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announced the findings of its annual study on the top U.S. cities for veteran entrepreneurs. The PenFed Foundation Veteran Entrepreneur Program, which supports veteran entrepreneurs from the idea stage to Series A and beyond, conducted the study in partnership with Edelman Data and Intelligence. According to the 2024 study, Raleigh maintained its position as the top city for veterans to start their businesses. Washington and Seattle made improvements to claim the second and third positions. This year\’s study placed a special emphasis on larger cities and their major veteran- […] - [Get Shit Done! Rallying Cry for Credit Unions at the Underground Collision with Money 20/20](https://thecreditunionconnection.com/credit-unions-underground-money-2020/): Sue Mitchell, CEO of Mitchell, Stankovic & Associates and founder of the Underground, sat down with The Credit Union Connection Host and Co-founder Sarah Snell Cooke to talk about the biggest issues facing credit unions, building Underground\’s thought leadership bench strength, and then how the industry will Get Shit Done! Key topics of the Underground will be collaborating, creating efficiencies and driving growth to a goal of 1 billion members around the world! Not only will the Money 20/20 President Tracy Davies be at the Underground, but Money 20/20 also invited some credit union leaders, including Sue, to serve on […] - [Credit Unions, Fintech and Money 20/20 with Brian Kaas from TruStage](https://thecreditunionconnection.com/credit-unions-fintech-and-money-2020-with-brian-kaas-from-trustage/): Money 20/20 is the largest fintech event in the US, with well more than 10,000 attending. Yet credit union representatives are difficult to spot. According to TruStage SVP of Corporate Development and TruStage Ventures Brian Kaas, he counted fewer than 100 credit unions attending. Money 20/20 is about the future of money. Credit unions would like to have a future in the money business. It\’s even in Vegas! Why are so few attending? Sarah Snell Cooke, Co-Founder/CEO of The Credit Union Connection, sat down with Brian to talk about the event and the first time credit union leaders, including Kaas, […] - [Core Banking Industry Veteran Joe Lockwood Joins Open Banking Solutions as CEO](https://thecreditunionconnection.com/core-banking-industry-veteran-joe-lockwood-joins-open-banking-solutions-as-ceo/): Black Dragon Capital℠ Appoints Former COCC President and DNA Platform Proponent Joe Lockwood to Leverage 30 Years of Expertise in Leading the New Low Code Core Processing PlatformBlack Dragon Capital℠ has appointed Joe Lockwood as the CEO of Open Banking Solutions, an advanced, cloud-based, core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving digital landscape. Mr. Lockwood is a seasoned professional within the core banking industry. His career spans three decades and is defined by his success in designing state-of-the-art solutions to meet the future needs of financial institutions. He was […] - [The Federal Home Loan Bank of New York Now Accepts Mortgage Collateral Using VintageScore 4.0](https://thecreditunionconnection.com/the-federal-home-loan-bank-of-new-york-now-accepts-mortgage-collateral-using-vintagescore-40/): The Federal Home Loan Bank of New York and VantageScore announced today that members of the Federal Home Loan Bank of New York (\”FHLBNY\”) can now pledge mortgage collateral using VantageScore 4.0 credit scores, which considers rental payments and other data points that are not included in traditional scoring models. VantageScore 4.0 expands the number of diverse and creditworthy mortgage applicants and creates more opportunities across the region to help narrow the racial homeownership gap. The Federal Home Loan Bank of NY (FHLBNY) Now Accepts Mortgage Collateral Using VantageScore 4.0. In August 2024, Reps. Torres and Meeks formally requested that […] - [Affinity Plus Lifts Up Athletes as Official Powerlifting Sponsor of the 2026 Special Olympics USA Games](https://thecreditunionconnection.com/affinity-plus-lifts-up-athletes-as-official-powerlifting-sponsor-of-the-2026-special-olympics-usa-games/): Partnership strengthens the credit union’s decades-long commitment to inclusion and empowerment After more than 20 years supporting Special Olympics Minnesota, Affinity Plus Federal Credit Union (Affinity Plus) is proud to announce that it has answered the call to champion the power of strength and grit as the official Powerlifting sponsor for the 2026 Special Olympics USA Games. Set to take place in Minnesota from June 20-26, 2026, the USA Games will include 16 featured team and individual sports, inviting athletes, coaches, fans and volunteers to come together and celebrate ability. “Inclusion is central to who we are at Affinity Plus, […] - [Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments](https://thecreditunionconnection.com/discover-global-network-study-slow-payments-and-fraud-prevention-are-pivotal-growth-opportunities-in-consumer-and-merchants-segments/): Fintechs Address Rising Consumer Payment Adoption and Merchant Adaption Discover® Global Network, a leading global payment network, released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem. Conducted in partnership with 451 Research of S&P Global Market Intelligence, Discover Global Network surveyed thousands of decision-makers across fintechs, merchants, and consumers to better understand if ecosystem priorities are aligned. Over the past few years, the fintech industry has had a transformative effect on the way consumers and businesses leverage finances for their needs. Yet, some […] - [How to Cut Costs While Elevating Member Service? Modernize Your Payments Tech Stack](https://thecreditunionconnection.com/how-to-cut-costs-while-elevating-member-service-modernize-your-payments-tech-stack/): By Matt Disbrow, Director of Business Development, PayNearMe The Federal Reserve’s long-awaited drop in interest rates has brought a glimmer of hope to borrowers and lenders alike—yet it’s still a challenging time for credit unions.  Operational costs have been on the rise across multiple aspects of business even as return on assets has fallen. In the first quarter of 2024, operating expenses at credit unions rose 6% compared to the previous year, even as return on assets fell to just 0.66%, according to Callahan & Associates. One cause is greater competition for workers and a rising minimum wage in many […] - [Join Baker Hill & Rally Credit Union at America’s Credit Unions\' Lending Council Conference for Session: “To LOS or Not to LOS”](https://thecreditunionconnection.com/join-baker-hill-amp-rally-credit-union-at-americas-credit-unions-lending-council-conference-for-session-to-los-or-not-to-los/): Attendees to gain valuable insights on LOS best practices in session, “To LOS or Not to LOS, That is the Question” Baker Hill, a leading provider of loan origination, risk management, and analytics solutions, announced that Mike Horrocks, Senior Vice President will join Kate Montagna, Senior Business Relationship Manager at Rally Credit Union, for a highly anticipated session at America’s Credit Unions\’ Lending Council Conference. Their presentation, titled “To LOS or Not to LOS, That is the Question,” will take place on Tuesday, November 5, 2024, at 9:45 AM. Credit unions striving to expand their member business lending portfolios face […] - [JetStream Federal Credit Union Named Business of the Year at Miami Lakes State of the Town Address](https://thecreditunionconnection.com/jetstream-federal-credit-union-named-business-of-the-year-at-miami-lakes-state-of-the-town-address/): On Thursday, October 24th, JetStream Federal Credit Union was honored with the prestigious Business of the Year award during the State of the Town Address held at City Hall. Mayor Manny Cid presented the award to JetStream’s CEO, Jeanne Kucey, who accepted it on behalf of the entire organization. This recognition marks the second time JetStream has received this honor, having been previously awarded Business of the Year in 2015. “We are truly honored to receive this recognition again,” said Kucey during her acceptance speech. “This award reflects our commitment to serving the Miami Lakes community with integrity and excellence. […] - [LAFCU’s DEI internal communication initiative wins international award](https://thecreditunionconnection.com/lafcus-dei-internal-communication-initiative-wins-international-award/): Michigan credit union wins Stevie® Award for comprehensive diversity, equity and inclusion program LAFCU was selected from over 1,600 submissions worldwide and honored in New York City with a Bronze Stevie® Award in the Communications or PR Campaign of the Year – Diversity, Equity & Inclusion category for its four-week, diversity, equity and inclusion internal communications campaign. The initiative aimed to inform and engage LAFCU staff about its DEI program and used tactics such as eblasts, videos, interactive activities, giveaways, and quizzes to communicate important information and encourage participation. \”At LAFCU, we are deeply dedicated to carrying out the essential work […] - [Glia Kicks Off Interact 2024 with Powerful AI Innovation ](https://thecreditunionconnection.com/glia-kicks-off-interact-2024-with-powerful-ai-innovationnbsp/): New Responsible AI functionality gives effortless experiences for customers, agents and managers Glia, the leader in customer interaction technology, kicked off its annual industry event, Interact 2024, in San Antonio, Texas at La Cantera Resort & Spa. The conference brings together nearly 500 industry leaders and experts to shape the future of customer experience with Unified Interaction Management (UIM). Today at Interact, Glia launched additional AI tools to help customers, agents and managers, including a new suite of capabilities called AI Analysts. Built natively for the generative AI age, AI Analysts offer a new way for institutions to view contact […] - [Corporate Central Welcomes Pete Paulson as Senior Vice President/Chief Operating Officer](https://thecreditunionconnection.com/corporate-central-welcomes-pete-paulson-as-senior-vice-presidentchief-operating-officer/): Corporate Central is pleased to announce that Pete Paulson has joined the team as Senior Vice President/Chief Operating Officer (SVP/COO). In this pivotal role, Paulson will oversee key operations that align with Corporate Central’s strategic direction and initiatives, driving the credit union’s mission forward. As SVP/COO, Paulson will lead the Enterprise Risk Management, Compliance, and Human Resources departments, ensuring their success in meeting organizational goals. He will oversee exam and audit activities in compliance with all applicable regulations and policies. Additionally, Paulson will develop and implement contingency, incident response, and operational resiliency plans, ensuring Corporate Central’s long-term operational stability. A […] - [Embracing the Fourth Quarter: Focus, Structure and Strategic Development for Long-Term Success](https://thecreditunionconnection.com/embracing-the-fourth-quarter-focus-structure-and-strategic-development-for-long-term-success/): Corlinda Wooden, President, Wooden Consulting As we approach the final stretch of the year, it’s natural to reflect on what has been achieved and what still needs attention. The fourth quarter is a crucial time for businesses, especially when it comes to leadership and employee engagement. It\’s the season to double down on efforts, align goals for the upcoming year, and complete those all-important employee reviews. To support you and your organization, let’s explore how to make the most of this period by focusing on three key themes that can drive success. Never Question Time Spent on People In the […] - [Credit Unions Announce New Hires and SRM Welcomes Newest Member of International Advisory Board](https://thecreditunionconnection.com/credit-unions-announce-new-hires-and-srm-welcomes-newest-member-of-international-advisory-board/): Several credit unions including Dover Federal Credit Union and Texans Credit Union announced new hires, and SRM (Strategic Resource Management) welcomed the newest member of their International Advisory Board. New Hires Dover Federal Credit Union (DFCU) is pleased to announce that Jarrett Harris has joined Dover Federal Credit Union as the Vice President of Information Technology. Mr. Harris brings a wealth of knowledge and 26 years of international experience in cyber security, IT infrastructure and data processing. Prior to joining Dover Federal Credit Union, his experience includes a position as the General Manager of Global IT Operations covering 26 countries […] - [Citadel Credit Union Establishes New Leadership Model with Strategic Senior Appointments to Enhance Member Experience and Catalyze Growth](https://thecreditunionconnection.com/citadel-credit-union-establishes-new-leadership-model-with-strategic-senior-appointments-to-enhance-member-experience-and-catalyze-growth/): New Leadership Team Poised to Support Citadel\’s Vision for Growth and Innovation Across Greater Philadelphia  Citadel Credit Union has assembled a new leadership team as the credit union gears up for a future filled with strategic growth, community engagement and operational excellence. With several key appointments, Citadel\’s new senior leadership team brings a blend of deep industry expertise and a shared vision for the future, positioning the credit union to further its mission of providing exceptional service to its members and communities. This realignment signals Citadel\’s readiness to continue its legacy of innovation and growth and underscores the organization\’s commitment […] - [SchoolsFirst Federal Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-celebrates-international-credit-union-day-1/): Statewide events and fundraising efforts commemorate global credit union movement SchoolsFirst Federal Credit Union joined credit unions in California and around the world on Oct. 17 to celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This year marks the 76th anniversary of this annual event, celebrating financial inclusion and well-being for people around the world. Credit unions around the world celebrated in ways that strengthen ties with their local communities. SchoolsFirst FCU hosted an event at its Rudy Hanley campus in Tustin with state and federal officials and other community and […] - [Summit Credit Union Reaffirms Commitment to Small Credit Unions and Women\'s Leadership with New $130,000 Contribution](https://thecreditunionconnection.com/summit-credit-union-reaffirms-commitment-to-small-credit-unions-and-womens-leadership-with-new-130000-contribution/): Summit Credit Union is proud to announce its continued dedication to supporting small credit unions and fostering leadership in the industry by committing another $100,000 to the Hamilton Fund for underwriting its Professional Development Grant Program. This program is designed to support credit unions with $100 million or less in assets by providing opportunities for staff and volunteers to enhance their skills and grow their organizations. Additionally, Summit Credit Union is contributing $30,000 ($10,000 bi-annually) to support the INSPIRE Conference, empowering female leaders in the credit union space in the southeast. Support for this grant comes from Summit Credit Union […] - [LAFCU’s new Listen & Learn Program is a sweet success, helps kids learn about ‘making the donuts’](https://thecreditunionconnection.com/lafcus-new-listen-amp-learn-program-is-a-sweet-success-helps-kids-learn-about-making-the-donuts/): Credit union partners with Quality Dairy, two local elementary schools for interactive event featuring reading, donuts and financial literacy LAFCU launched a new chapter of its Listen & Learn Program – All About Donuts. The Michigan credit union partnered with Quality Dairy to create a fun and innovative financial literacy event for three first-grade classes at Wilcox Elementary School and a first-grade class at Horizon Elementary in Holt, Michigan. “We ensure each Listen & Learn Program is not just interactive and fun, but truly engaging,” said Kellie Swiger, LAFCU creative director. “Watching the students light up as they are exposed […] - [FORUM Announces 2024/2025 Educator Grant Recipients](https://thecreditunionconnection.com/forum-announces-20242025-educator-grant-recipients/): FORUM Credit Union is pleased to announce that the FORUM Foundation has awarded $26,675 to 13 educators throughout central Indiana for the 2024-2025 school year. The Foundation was created in 2014 to strengthen the communities FORUM serves by enhancing educational opportunities through both collegiate scholarships and educator grants. Grants may be used for any direct classroom expenses, including, but not limited to, supplies needed to fund a project for the classroom, basic classroom materials, supplemental items to enhance classroom learning, or an experience to enrich educational involvement. Since 2014, the FORUM Foundation has awarded over $275,000 in grants to more […] - [Entering its 2nd year, Wescom builds on historic NIL initiative with UCLA Women’s Basketball Team Members](https://thecreditunionconnection.com/entering-its-2nd-year-wescom-builds-on-historic-nil-initiative-with-ucla-womens-basketball-team-members/): Wescom, one of the largest community credit unions in California – and the Official Banking Partner of UCLA Athletics — is building on its Name, Image and Likeness (NIL) initiative by supporting all 13 members of the UCLA Women’s Basketball Team, as well as with their coach, Cori Close, for a second year in a row. Last year’s NIL initiatives were historic as it represented the first time that all members of a UCLA Athletics sports team signed NIL deals since the NCAA enacted the rules for student-athletes in 2021. Now entering its second year with members of the UCLA Women’s Basketball team, […] - [America’s Credit Union Museum Announces New Board Members](https://thecreditunionconnection.com/americas-credit-union-museum-announces-new-board-members/): America\’s Credit Union Museum, a cornerstone of the credit union movement, is pleased to announce the addition of three esteemed individuals to the museum\’s Board of Directors. Bringing a deep well of knowledge and experience in the credit union industry, these outstanding individuals are dedicated to guiding America\’s Credit Union Museum toward continued success in the years ahead. The Museum is proud to welcome the following individuals to its Board of Directors: Susan Mitchell, CEO of Mitchell, Stankovic, and Associates Renee Sattiewhite, President and CEO of African American Credit Union Coalition Jill Tomalin, Executive Vice President and Chief of Staff […] - [NCUA Board Briefed on Cybersecurity, New Charters, and Field of Membership](https://thecreditunionconnection.com/ncua-board-briefed-on-cybersecurity-new-charters-and-field-of-membership/): The National Credit Union Administration Board held its seventh open meeting of 2024 and received briefings on: Cybersecurity and the Information Security Examination Program New charters and field of membership Cybersecurity, Hacking Economics, ISE Program Briefing Employees from the NCUA’s Office of Examination and Insurance and Office of the Executive Director briefed the Board on cybersecurity, hacking economics, cyber incident reporting, and the NCUA’s Information Security Examination program. The briefing noted that trends across the credit union system include outages caused by ransomware attacks and third-party service providers. Staff reported that from September 1, 2023, when the NCUA’s cyber incident […] - [Upstart Launches T-Prime](https://thecreditunionconnection.com/upstart-launches-t-prime/): Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced the launch of its T-Prime lending program. This new initiative in the Upstart Referral Network enables banks and credit unions to reach America’s more affluent “super prime” borrowers. Fourteen lenders have already signed up for T-Prime. “Our goal at Upstart is to offer the best rates and best borrowing process to all Americans—regardless of their credit score,” said Dave Girouard, co-founder and CEO of Upstart. “We’ve historically focused our AI platform on underserved consumers. But with our expansion into T-Prime, we’re helping our bank and credit union partners […] - [Black Dragon Capital℠ Aims to Empower Community-Based Financial Institutions with Launch of Open Banking Solutions; To Make Debut Money 20/20 Attendance in Las Vegas](https://thecreditunionconnection.com/black-dragon-capital-aims-to-empower-community-based-financial-institutions-with-launch-of-open-banking-solutions-to-make-debut-money-2020-attendance-in-las-vegas/): Black Dragon Capital℠ has launched Open Banking Solutions, an advanced, cloud-based, core and digital banking solution designed to give community-based financial institutions a competitive edge in the rapidly evolving digital landscape. The emerging core banking solutions provider is on track to make its introduction and connect with prominent members of the banking and finance industry through its attendance at Money 20/20, one of the largest FinTech events happening from Oct. 27 – 30, 2024 in Las Vegas. Black Dragon Capital℠ is a multi-phased investment firm with a long history of investing in areas where there is potential to create strong […] - [KeyPoint Credit Union Announces Auto Loans for ITIN Holders](https://thecreditunionconnection.com/keypoint-credit-union-announces-auto-loans-for-itin-holders/): Helps Underserved Residents with Mobility KeyPoint Credit Union, a leading financial institution committed to inclusivity and community support, is proud to announce the launch of its new auto loan program specifically designed for Individual Taxpayer Identification Number (ITIN) holders. This initiative underscores KeyPoint\’s dedication to providing accessible financial solutions to all members of our community, regardless of their citizenship status. ITIN holders, who often face challenges in securing traditional loans, will now have the opportunity to finance their vehicle purchases through our locally-based credit union. Key Features of the ITIN Auto Loan Program: Competitive Interest Rates: Enjoy rates that are competitive […] - [Envisant Selects Q2 to Migrate Prepaid Card Portfolio](https://thecreditunionconnection.com/envisant-selects-q2-to-migrate-prepaid-card-portfolio/): With Q2 Fabric, Envisant can evolve its offerings while driving back-office efficiency and strategic growth Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced its partnership with Envisant, a NACUSO award-winning credit union service organization. Envisant will utilize Q2 Fabric to deliver prepaid card services to its credit union clients. Q2 Fabric is a full-stack solution that weaves together a best-in-class digital banking experience, a modern core (Helix), and a robust, pre-integrated fintech ecosystem to enable innovative financial institutions to offer unique and differentiated products. Serving nearly 2,000 credit unions across all […] - [Baseball Icon Tony La Russa Teams Up with PenFed Foundation to Help Veterans and Rescue Animals](https://thecreditunionconnection.com/baseball-icon-tony-la-russa-teams-up-with-penfed-foundation-to-help-veterans-and-rescue-animals/): The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, announced today that it has teamed up with baseball icon Tony La Russa to help veterans and rescue animals. The PenFed Foundation empowers veterans to find purpose and thrive after their military service. One of its biggest missions is raising service dogs for veterans and others with disabilities. So far, the PenFed Foundation has provided more than $55 million in financial support to veterans, active-duty service members and military families. \”The PenFed Foundation does more for veterans than anyone else in the country. This is a partnership that will provide […] - [Marine FCU Hits Asset Milestone ](https://thecreditunionconnection.com/marine-fcu-hits-asset-milestonenbsp/): Marine Federal Credit Union came into existence on April 20, 1959, when eight gentlemen made the request to become a federal credit union that would serve the  Military, Department of Defense employees, and their families aboard Marine Corp Base Camp  Lejeune. On April 24, 1959, the request was approved by the Bureau of Federal Credit Unions.  The first official office/branch was located in a warehouse aboard Camp Lejeune. It was heated by a  pot-bellied stove and secured by a chicken wire fence. Sixty-five years later, on Monday, October 15,  over 250 past and present employees, military and government dignitaries, our […] - [Allegacy and Skyla Credit Unions Join United Members Title](https://thecreditunionconnection.com/allegacy-and-skyla-credit-unions-join-united-members-title/): Allegacy Federal Credit Union and Skyla Credit Union have joined United Members Title LLC., which offers affordable title insurance coverage for home purchases and refinances in North Carolina, South Carolina, and Virginia. Launched in 2022, United Members Title is an affiliate of two of North Carolina’s largest credit unions, Truliant and Coastal Credit Union. It is an agent of Investors Title Insurance Company – which underwrites and issues title insurance policies.  “We’re pleased to welcome two of North Carolina’s best-known credit unions to United Members Title,” said Beth Eller, senior vice president of mortgage lending at Truliant. “We look forward […] - [Mazuma Credit Union Partners with YMCA of Greater Kansas City for 7th Annual Give Back Day](https://thecreditunionconnection.com/mazuma-credit-union-partners-with-ymca-of-greater-kansas-city-for-7th-annual-give-back-day/): Organization-wide volunteer day highlights commitment to giving back Mazuma Credit Union held its 7th annual Give Back Day, a day of service to the Kansas City community, on Monday, October 14th. This year, Mazuma partnered with YMCA of Greater Kansas City in support of their efforts to improve the lives of Kansas Citians through healthy living, youth development, and social responsibility. Nearly 150 Mazuma Team Members shared their time and effort at 9 YMCA branches across the city. Tasks at each location prioritized the specific needs of that branch and the community it serves, ranging from cleaning and painting to […] - [APEX 2024: A Resounding Success Unites Credit Union Leaders Across the Region](https://thecreditunionconnection.com/apex-2024-a-resounding-success-unites-credit-union-leaders-across-the-region/): The CCUA and CULCT deliver an event packed with innovation and education—APEX 2025 registration now open at 2024 rates! The Cooperative Credit Union Association (CCUA) and the Credit Union League of Connecticut (CULCT) are excited to announce the tremendous success of APEX 2024, held from October 16th through October 18th at Mohegan Sun Resort. With nearly 900 attendees, this year’s event brought together credit union leaders from across the region for three days of dynamic networking, education, and innovation. Kenny Aronoff, world-renowned drummer, author, and speaker, kicked off APEX 2024 with an electrifying keynote on leadership and teamwork, set to […] - [Inclusiv and Visa Foundation Announce Expansion of Initiatives to Drive Community Development Impact and Equity in Credit Unions](https://thecreditunionconnection.com/inclusiv-and-visa-foundation-announce-expansion-of-initiatives-to-drive-community-development-impact-and-equity-in-credit-unions/): Inclusiv and Visa Foundation announce the expansion of successful initiatives that drive community development lending and equity in credit unions. Over the next three years, Visa Foundation will make a $1 million investment to support and expand two critical Inclusiv initiatives: CDFI Impact and the New Majority Growth Initiative. CDFI Impact supports credit unions to deepen their community development lending through the deployment of asset building financing options, such as affordable homeownership, small business and credit building lending in low-income and historically underserved communities. The New Majority Growth Initiative, launched in 2023, provides targeted investment, technical support and training to expand Minority […] - [CFPB Takes Action to Curb Unchecked Worker Surveillance](https://thecreditunionconnection.com/cfpb-takes-action-to-curb-unchecked-worker-surveillance/): Booming “black box” scores subject to federal standards, including accuracy and dispute rights Today, the Consumer Financial Protection Bureau (CFPB) issued guidance to protect workers from unchecked digital tracking and opaque decision-making systems. The guidance warns that companies using third-party consumer reports — including background dossiers and surveillance-based, “black box” AI or algorithmic scores about their workers — must follow Fair Credit Reporting Act (FCRA) rules. This means employers must obtain worker consent, provide transparency about data used in adverse decisions, and allow workers to dispute inaccurate information. As companies increasingly deploy invasive tools to assess workers, this ensures workers […] - [TopLine Credit Union Foundation Awards $36,500 in Scholarships](https://thecreditunionconnection.com/topline-credit-union-foundation-awards-36500-in-scholarships/): The foundation assists students with costs of higher education locally and globally In its tenth year, TopLine Credit Union Foundation has awarded a total of $36,500 in scholarship money to 35 TopLine members who are continuing their education, and $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI), a local non-profit organization with a vision to assist African students with access to education, books and school supplies. TopLine Credit Union Foundation received 127 applications. Any TopLine member pursuing post-secondary education by attending a college or […] - [Eltropy Earns Spot on Inc.’s Power Partner Awards List for Third Consecutive Year](https://thecreditunionconnection.com/eltropy-earns-spot-on-incs-power-partner-awards-list-for-third-consecutive-year/): AI-powered conversations platform player recognized as an industry-leading B2B partner enabling growth of CFIs across all business functions Eltropy, the leading conversations platform for community financial institutions (CFIs), has been recognized in the prestigious Inc. Power Partner Awards, for the third year in a row. The annual awards honor B2B organizations that excel in providing critical strategic support to their clients. \”Earning a spot on the Inc. Power Partner Awards list for the third consecutive year validates our mission,\” said Ashish Garg, Co-founder and CEO of Eltropy. \”More importantly, it reflects the trust that community banks and credit unions place […] - [Tiffany Niederwerfer Joins Nook as Chief Strategy Officer](https://thecreditunionconnection.com/tiffany-niederwerfer-joins-nook-as-chief-strategy-officer/): Nook announces the appointment of Tiffany Niederwerfer as the company’s Chief Strategy Officer (CSO). This strategic addition to Nook\’s leadership team reinforces the company’s dedication to innovation and growth within the credit union industry. In her role as CSO, Niederwerfer will be instrumental in shaping Nook’s strategic vision and advancing its mission to bring relationship banking back. She will also serve as an extension to credit union executive teams, offering expertise in strategy, brand and content planning, resource assessment, and marcom technology utilization. “Tiffany’s superpower is being able to quickly understand organizational pain points, “said Austin Wentzlaff, Nook Co-Founder & […] - [Suncoast Credit Union Donates $850,000 to Hurricane Relief Efforts](https://thecreditunionconnection.com/suncoast-credit-union-donates-850000-to-hurricane-relief-efforts/): Supporting 13 Florida Organizations Focused on Hunger, Crisis, and Education In response to the widespread devastation caused by Hurricanes Helene and Milton, Suncoast Credit Union, the largest credit union in Florida, has announced an $850,000 donation to support recovery efforts throughout the state. The funds will be distributed among 13 nonprofit organizations that are providing critical services in the areas most affected by the storms, with a focus on hunger relief, crisis management, and education. The donations are targeted to provide immediate and long-term support to communities hit hardest by the hurricanes. The funds will be allocated as follows: American […] - [BCU President & CEO Mike Valentine Honored with 2025 Herb Wagner Memorial Award for Outstanding Individual Achievement](https://thecreditunionconnection.com/bcu-president-amp-ceo-mike-valentine-honored-with-2025-herb-wagner-memorial-award-for-outstanding-individual-achievement/): BCU is proud to announce that President and CEO Mike Valentine has been honored with the 2025 Herb Wegner Memorial Award for Outstanding Individual Achievement, the highest recognition bestowed by the National Credit Union Foundation (NCUF). This prestigious accolade celebrates Mike’s visionary leadership and innovation, relentless advocacy for financial well-being, and his profound impact on the credit union industry. The Herb Wegner Memorial Awards are often regarded as the \”Nobel Prizes\” of the credit union world, honoring pioneers who embody innovation, creativity, and bold leadership. Mike will receive this distinguished award at the NCUF’s annual Foundation Dinner on March 3, […] - [Americans Commonly Choose Top of Wallet Credit Cards Based on Loyalty and Rewards,According to CORA Group Survey](https://thecreditunionconnection.com/americans-commonly-choose-top-of-wallet-credit-cards-based-on-loyalty-and-rewardsaccording-to-cora-group-survey/): Survey examines key factors driving credit card preferences and usage CORA Group (“CORA”), an operating portfolio of Jonas Software, a subsidiary of Constellation Software Inc., today shared results from its recent survey conducted online by The Harris Poll. More than 2,000 U.S. adults were surveyed on their card preferences and usage related to loyalty and rewards. Key findings from the survey include: Loyalty and rewards lead in influencing which credit card Americans use to pay (55%), followed by convenience (40%), and credit limit (37%). Brand loyalty (17%) is one of the lowest considerations.  Baby Boomers (ages 60-78) are the most […] - [Kasisto Appoints Conversational AI Veteran Lance Berks as CEO](https://thecreditunionconnection.com/kasisto-appoints-conversational-ai-veteran-lance-berks-as-ceo/): Berks Selected to Lead Company in its Next Growth Phase Kasisto, creators of the leading conversational AI platform for the financial services industry, today announced the appointment of Lance Berks as Chief Executive Officer. Berks is a seasoned leader in conversational AI with a proven track record of scaling early-stage, high-growth companies in the AI space. “Kasisto is uniquely positioned at the intersection of generative AI and financial services, delivering transformational automation for banking,” said Berks. “Now it is time to accelerate growth through further innovation and a relentless commitment to delivering delightful customer and employee experiences on behalf of […] - [WECU Selects Upstart for Personal Lending](https://thecreditunionconnection.com/wecu-selects-upstart-for-personal-lending/): WECU, a Washington-based credit union with over 160,000 members and over $2.7 billion in assets, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. “At WECU, we believe that lives can be transformed through smart, responsible lending practices. That’s why we’re thrilled to partner with Upstart,” said Matt Berendsen, VP of Lending at WECU. “By partnering with Upstart, we are expanding access to fair and accessible loans that align with our mission of improving the financial well-being of our members and our community.” WECU […] - [Navy Federal Credit Union Announces the Completion of 2024 Student Loans Scholarship Sweepstakes](https://thecreditunionconnection.com/navy-federal-credit-union-announces-the-completion-of-2024-student-loans-scholarship-sweepstakes/): Credit Union gives $15,000 combined towards members’ college expenses Navy Federal Credit Union, today, announced the completion of its 2024 Student Loans Scholarship Sweepstakes. The sweepstakes gave eligible members the opportunity to enter to win a $5,000 scholarship for college tuition, room, and board for the 2024-2025 school year. Navy Federal selected 3 grand prize winners, all of whom received $5,000 to their college or university. Thanks to this sweepstakes, winner Kaison M., who is a student at The Virginia Military Institute (VMI), is excited to see how this scholarship will help to further his future goals. He said, “This […] - [Offers Insightful Data-Driven Visuals for Compliance, Fraud and Dispute Trends](https://thecreditunionconnection.com/offers-insightful-data-driven-visuals-for-compliance-fraud-and-dispute-trends/): FINBOA Inc., a leading provider of intelligent process automation for regulatory compliance in financial institutions, announces FINBOA BI Disputes, a pioneering Business Intelligence (BI) solution designed to help banks and credit unions gain actionable insights into fraud, compliance, and dispute trends. Built as a powerful companion to FINBOA Payment Disputes, this solution offers financial institutions the tools they need to make data-driven decisions and mitigate risks associated with fraud and compliance failure. \”Using FINBOA BI Disputes, our financial institution customers will be empowered to make data-driven decisions, mitigate risks, and streamline processes. The BI Disputes solution provides easy access to […] - [VyStar Employees Volunteer More Than 6,000 Hours with Community Partners During 3rd \'Good is everywhere\' Celebration](https://thecreditunionconnection.com/vystar-employees-volunteer-more-than-6000-hours-with-community-partners-during-3rd-good-is-everywhere-celebration/): Two-week Effort Dedicated to Community, Volunteerism and Member Appreciation Thousands of people in Florida and Georgia enjoyed free experiences at museums, zoos, science centers and more as part of VyStar Credit Union\’s award-winning Good is everywhere celebration which focused on community partners, volunteerism and member appreciation. The two-week blitz dedicated to volunteerism and member appreciation events was held September 12-28. Despite some of the events being rescheduled due to Hurricane Helene and Hurricane Milton, the overall celebration resulted in tremendous participation from communities throughout VyStar\’s service area. Good is everywhere kicked off in North Georgia with VyStar\’s President/CEO Brian Wolfburg and members of […] - [LAFCU’s Write to Educate Essay Contest winners announced, $20K in college scholarships to be awarded](https://thecreditunionconnection.com/lafcus-write-to-educate-essay-contest-winners-announced-20k-in-college-scholarships-to-be-awarded/): Winning essays reflected on how their hometowns have molded, impacted them  LAFCU is proud to announce the winners of the 2024 Write to Educate Essay Contest: Vivian Hansen (Pinckney High School), Thomas Hays (Napoleon High School), Antonio Rojas (East Lansing High School) and Elvis Vue (Waverly High School).  This year’s winners were selected based on their compelling one-page essays, which explored how their hometowns shaped their identities and contributed to their personal growth. “This year’s essay topic encouraged entrants to reflect on how their hometowns were integral to their personal stories, shaping and influencing who they are today,” said Alyssa […] - [CFPB Orders Apple and Goldman Sachs to Pay Over $89 Million for Apple Card Failures](https://thecreditunionconnection.com/cfpb-orders-apple-and-goldman-sachs-to-pay-over-89-million-for-apple-card-failures/): Companies illegally mishandled transaction disputes and misled iPhone purchasers about interest-free payment options Today, the Consumer Financial Protection Bureau (CFPB) took action against Apple and Goldman Sachs for customer service breakdowns and misrepresentations that impacted hundreds of thousands of Apple Card users. The CFPB found that Apple failed to send tens of thousands of consumer disputes of Apple Card transactions to Goldman Sachs, and when Apple did send disputes to Goldman Sachs, the bank did not follow numerous federal requirements for investigating the disputes. Apple and Goldman launched Apple Card despite third-party warnings to Goldman that the Apple Card disputes […] - [Illinois Credit Union League Celebrates Record-Breaking CU Kind Day 2024](https://thecreditunionconnection.com/illinois-credit-union-league-celebrates-record-breaking-cu-kind-day-2024/): The Illinois Credit Union League (ICUL) is thrilled to announce another successful CU Kind Day®, its signature initiative dedicated to spreading kindness throughout the state. Held on October 14, the event saw an outstanding number of participants, solidifying its place as a cornerstone of credit union community engagement. A Commitment to Giving BackThis year, 80 Illinois credit unions and partners joined forces with ICUL, demonstrating the unwavering commitment of the credit union movement to giving back. Over 900 dedicated volunteers generously donated their time, logging an impressive 5,400+ hours to support their local communities. Their efforts resulted in a record-breaking […] - [SECU Members Benefit from Suncoast Credit Union Mobile ATM During Storm Recovery](https://thecreditunionconnection.com/secu-members-benefit-from-suncoast-credit-union-mobile-atm-during-storm-recovery/): Florida-based Suncoast Credit Union generously provided State Employees’ Credit Union (SECU) with a mobile ATM to help support the financial needs of its members and area residents affected by Hurricane Helene in Western North Carolina (WNC). The mobile ATM offers 24-hour availability and is currently located at SECU’s Asheville-Oak Plaza Branch, which is without a functioning ATM and is operating on a modified schedule until water and other resources are fully restored.  SECU Chief Delivery Officer Jamie Applequist receives the keys to the Suncoast Mobile ATM from Suncoast Business Continuity Planner Stacy Jackson in preparation for delivery to Western North […] - [Only 7 States Matter in the 2024 Election](https://thecreditunionconnection.com/only-7-states-matter-in-the-2024-election/): Geoff Bacino, Founder/CEO, Bacino & Associates With less than a month to go until election day, the White House, Senate and House are still all up for grabs. Since becoming the nominee, Vice President Harris has done a good job of consolidating support among Democrats, but the final vote tally will be close as it has been since 2000. During that time, Republicans have only won the popular vote once (George W. Bush in 2004), yet they have still managed to win two other elections – George W. Bush in 2000 and Donald Trump in 2016. It is this possibility […] - [Teachers Federal Credit Union Partners with Filene Research Institute to Drive Digital Innovation and Member Growth](https://thecreditunionconnection.com/teachers-federal-credit-union-partners-with-filene-research-institute-to-drive-digital-innovation-and-member-growth/): Partnership to Set New Standards in Member Engagement and Digital Transformation Teachers Federal Credit Union, one of the largest credit unions in the United States with more than $9.8 billion in assets and over 460,000 members nationwide, is proud to announce its new partnership with Filene Research Institute. Leveraging the expertise of senior leaders at Teachers, this collaboration aims to advance two of Filene’s Centers of Excellence (CoE) – “The Next Generation of Member Growth” and “Design for Digital” – with the shared goal of driving digital innovation and enhancing member engagement. “Through our partnership with Filene, Teachers Federal Credit […] - [Community Partnership Foundation’s Golf Tournament Raises Over $25,000](https://thecreditunionconnection.com/community-partnership-foundations-golf-tournament-raises-over-25000/): A community-oriented collaboration, Family Trust Federal Credit Union, alongside The Community Partnership Foundation (The CPF), raised over $25,000 for York County nonprofits at The CPF’s 16th annual Family Trust Charity Golf Tournament held earlier this fall at the Rock Hill Country Club. As a result of the outing’s success, two local organizations – Pathways Community Center and No Sad Stories Ministries – will each receive a $10,000 grant to further their missions and continue making a positive impact on the community. Pathways Community Center works to effectively reduce the impact of poverty and homelessness in the York County community by promoting collaboration […] - [OneAZ Credit Union Named One of the Healthiest 100 Workplaces in America](https://thecreditunionconnection.com/oneaz-credit-union-named-one-of-the-healthiest-100-workplaces-in-america/): The Arizona Credit Union was Honored for Prioritizing Employee Well-Being OneAZ Credit Union has been recognized as the number one Healthiest Workplace in America. This prestigious awards program honors people-first organizations that prioritize the well-being of their employees. “At OneAZ, we are driven by a relentless commitment to associate well-being,” said Brandon Michaels, President & CEO of OneAZ Credit Union. “Investing in the wellness of our team is critical to ensuring that we are healthy in mind, body and spirit so that we can serve our members as trailblazers in our industry. Being recognized as the Healthiest Workplace in the […] - [Solutions by Text and Glia Partner, Strengthening Digital Customer Interactions for Banks and Credit Unions](https://thecreditunionconnection.com/solutions-by-text-and-glia-partner-strengthening-digital-customer-interactions-for-banks-and-credit-unions/): Partnership connects financial institutions with consumers through sophisticated real-time messaging and compliance-friendly integration  Solutions by Text (SBT) and Glia today announced a strategic partnership that enables consumer finance organizations to elevate engagement throughout the customer lifecycle. This collaboration introduces an expanded set of compliance-first, real-time texting capabilities into the market-leading Glia Unified Interaction Platform.  Datos Insights\’ research, commissioned by SBT, indicates that Americans are increasingly looking toward their financial service providers to offer more opportunities to engage over text, in fact 80% of consumers prefer to work with a financial institution that offers text as a communication channel. The SBT-Glia […] - [EDGE Technology Conference Announces 2025 Dates in Las Vegas](https://thecreditunionconnection.com/edge-technology-conference-announces-2025-dates-in-las-vegas/): EDGE25 will take place at the Aria Resort & Casino in Las Vegas on May 7-9 and will feature a new opportunity for sponsors EDGE, a credit union technology conference, today announced their 2025 conference will be held in Las Vegas, Nevada at the Aria Resort & Casino and will feature a new opportunity for sponsors, the EDGE Exchange.  EDGE25 will take place on May 7-9, and is co-hosted by Trellance, CUDX and the Filene Research Institute. Following the success of the inaugural 2024 conference, EDGE25 will feature content from industry leaders, networking opportunities and exhibits from industry-disrupting technology providers. […] - [Affinity Federal Credit Union Develops Advanced Translation Tool With ChatGPT-4, Launching With Spanish to Enhance Website Accessibility](https://thecreditunionconnection.com/affinity-federal-credit-union-develops-advanced-translation-tool-with-chatgpt-4-launching-with-spanish-to-enhance-website-accessibility/): Affinity Federal Credit Union (“Affinity”) is proud to announce the development of a cutting-edge translation tool within its Content Management System (CMS), Crownpeak, powered by OpenAI’s ChatGPT-4. The tool is designed to streamline the process of translating Affinity\’s website into multiple languages, starting with Spanish, ensuring that members and visitors can access a seamless online experience in their preferred language. Developed in collaboration with NMQ Digital, a leading digital transformation agency, this translation tool leverages the advanced capabilities of ChatGPT-4 to efficiently translate web content across Affinity\’s public-facing website. Initially launching with Spanish as the first language, Affinity aims to […] - [Glendale Area Schools Credit Union Selects Mahalo Banking to Optimize Digital Banking Capabilities](https://thecreditunionconnection.com/glendale-area-schools-credit-union-selects-mahalo-banking-to-optimize-digital-banking-capabilities/): Credit union to modernize banking services and advance digital transformation strategies Mahalo Banking today announced its new partnership with California-based Glendale Area Schools Credit Union (Glendale Area Schools). The credit union is converting to Corelation Keystone in January 2025 and having a digital banking partner that would complement and tightly integrate with Keystone was paramount to their conversion. Additionally, Glendale Area Schools needed a state-of-the-art solution that provided enhanced flexibility and modern banking capabilities. Glendale Area Schools was in search of a digital banking provider to facilitate its growth and elevate the member experience. They found the ideal solution in […] - [Chad Ritchie Hired as CEO of Matanuska Valley Federal Credit Union](https://thecreditunionconnection.com/chad-ritchie-hired-as-ceo-of-matanuska-valley-federal-credit-union/): Matanuska Valley Federal Credit Union (MVFCU) has selected Chad Ritchie as the Credit Union’s new Chief Executive Officer. Ritchie will follow Ed Gravley, who has served as the organization’s CEO since 2018. When asked about joining MVFCU, Ritchie stated, “I am honored to have been selected as the next President and CEO of MVFCU. I look forward to joining the current team and what we can accomplish together for the membership.” Most recently, Chad served as Chief Information Officer at Ventura County Credit Union ($1.4 billion in assets) in California, where he spearheaded significant digital transformation initiatives and enhanced organizational […] - [PenAir Share It® Program Provides Over $20,000 to Local Educators](https://thecreditunionconnection.com/penair-share-it-program-provides-over-20000-to-local-educators/): PenAir Credit Union (PenAir) Share It® program continues to be a powerful force for good, rallying members to raise over $22,600 in support of education during the 2023-2024 school year simply through a swipe of their debit card. PenAir recently distributed the Share It Funds across three school districts with check presentations to the Escambia County Public Schools Foundation in Escambia County, Florida; the Santa Rosa Education Foundation (SREF) in Santa Rosa County, Florida; and Baldwin County Education Coalition in Baldwin County, Alabama. Through the Share It program, PenAir donates 1 cent for every signature-based debit card transaction made by participating […] - [CFPB Finalizes Personal Financial Data Rights Rule to Boost Competition, Protect Privacy, and Give Families More Choice in Financial Services](https://thecreditunionconnection.com/cfpb-finalizes-personal-financial-data-rights-rule-to-boost-competition-protect-privacy-and-give-families-more-choice-in-financial-services/): Rule will help lower prices on loans and empower people to more easily fire financial companies that provide bad service Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will give consumers greater rights, privacy, and security over their personal financial data. The rule requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s personal financial data and transfer it to another provider at the consumer’s request for free. Consumers will be able to more easily switch to providers with superior rates and services. By fueling competition and consumer choice, the rule will help […] - [DCUC Expresses Strong Opposition to CFPB\'s Rule, Section 1033, Citing Risks to Credit Unions and Their Members](https://thecreditunionconnection.com/dcuc-expresses-strong-opposition-to-cfpbs-rule-section-1033-citing-risks-to-credit-unions-and-their-members/): The Defense Credit Union Council (DCUC), representing nearly 200 credit unions serving over 40 million members, including military personnel and veterans, sent a letter to the Consumer Financial Protection Bureau (CFPB) opposing the finalized implementation of Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. While the 1033 rule is intended to improve consumer access to financial data, DCUC warns of the unintended consequences it could have on credit unions—especially those serving military and veteran families. Jason Stverak, DCUC Chief Advocacy Officer, expressed DCUC’s willingness to collaborate with the CFPB to explore alternative approaches that balance consumer […] - [JetStream Federal Credit Union Rallies Support for Hurricane Relief Efforts](https://thecreditunionconnection.com/jetstream-federal-credit-union-rallies-support-for-hurricane-relief-efforts/): In a remarkable show of solidarity, employees of JetStream Federal Credit Union recently came together to collect canned goods, supplies, and water for those affected by hurricanes Milton and Helene, which devastated the Sarasota-Manatee area within just 13 days. The need for support in these communities has never been more critical, and JetStream employees rose to the occasion. Upon learning about the relief efforts led by the Town of Miami Lakes, JetStream Federal Credit Union CEO, Jeanne Kucey commented on the initiative, stating, “At JetStream, we are committed to being there for communities in need, ensuring we lend a helping […] - [Lanakila Pacific Paid Work Experience Program Makes a Difference](https://thecreditunionconnection.com/lanakila-pacific-paid-work-experience-program-makes-a-difference/): Lanakila Pacific and Hawaii Central Federal Credit Union Strengthen Ties Meet Chloe, a participant of Lanakila Pacific who—through their Employment Services, Pad Work Experience Program—hopes to find a job that will allow her to express her artistic talents. With hard work and determination, Chloe successfully landed a paid internship at Hawaii Central Federal Credit Union in its Marketing Department assisting with creating graphic assets for digital and print collateral, among other things. Lanakila Pacific’s Employment Services prepare individuals with disabilities for jobs that interest and suit them. The goal is to help them overcome challenges towards employment – whatever they […] - [AmFirst Supports Four New Change Agents](https://thecreditunionconnection.com/amfirst-supports-four-new-change-agents/): America’s First Federal Credit Union (AmFirst) officially announced four new charitable giving partnerships through its Community First Initiative on Friday, March 1. AmFirst will join forces with SafeHouse of Shelby County, Pathways, Girls Inc. of Central Alabama and Cahaba Valley Health Care to raise funds and volunteer in 2024. “We’re thrilled to announce four new Community First recipients doing incredible work around Central Alabama,” said Bill Connor, AmFirst president and CEO. “Each year, our employees nominate and vote on these organizations, so we’re proud to say that their compassionate missions reflect our values as an institution.” SafeHouse empowers survivors of […] - [Payfinia Launches CUSO with Star One Credit Union](https://thecreditunionconnection.com/payfinia-launches-cuso-with-star-one-credit-union/): Payfinia, Inc. launched the Payfinia Credit Union Service Organization (CUSO) to support payments modernization solutions and embedded fraud controls through an open payments platform for credit unions and industry partners. Payfinia originated in 2023 when digital banking provider Tyfone and its longtime customer Star One Credit Union (Star One, Sunnyvale, Calif., $9.9 billion, 126,000 members) collaborated to build Instant Payment Xchange™ (IPX). IPX is an open, payments-as-a-service (PaaS) framework certified to send and receive instant payments on the FedNow Service. To support its mission, Star One invested $4.5 million to help form the CUSO and drive the product roadmap. The […] - [CFPB Orders Navy Federal Credit Union to Pay More Than $95 Million for Illegal Surprise Overdraft Fees](https://thecreditunionconnection.com/cfpb-orders-navy-federal-credit-union-to-pay-more-than-95-million-for-illegal-surprise-overdraft-fees/): Agency bans nation’s largest credit union from charging certain overdraft fees going forward Today, the Consumer Financial Protection Bureau (CFPB) took action against Navy Federal Credit Union for charging illegal overdraft fees. From 2017 to 2022, Navy Federal charged customers surprise overdraft fees on certain ATM withdrawals and debit card purchases, even when their accounts showed sufficient funds at the time of the transactions. The CFPB is ordering Navy Federal to refund more than $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty to the CFPB’s victims relief fund. This is the largest […] - [Numerica Named a \"Best Place to Work\" in Mid-Columbia and Inland Northwest](https://thecreditunionconnection.com/numerica-named-a-best-place-to-work-in-mid-columbia-and-inland-northwest/): Numerica Credit Union has been recognized as one of the region’s top workplaces, earning a spot in the top three for the 2024 Best Places to Work Mid-Columbia and Inland Northwest awards. This marks the first year of recognition in Mid-Columbia and the seventh consecutive year Numerica has been in the top three for Inland Northwest. “Our team is at the heart of everything we do,” said Carla Cicero, Numerica president and CEO. “Being recognized as a top workplace in both regions is a direct reflection of our commitment to creating a culture where employees feel valued, empowered, and inspired. […] - [CFPB Pilot Study Finds Differential Treatment in Small Business Lending Markets](https://thecreditunionconnection.com/cfpb-pilot-study-finds-differential-treatment-in-small-business-lending-markets/): Lenders less likely to encourage Black entrepreneurs and more often steer them toward alternative financing Today, the Consumer Financial Protection Bureau (CFPB) released a study revealing significant disparities in how lenders treat Black and white small business owners seeking loans. The research found that Black entrepreneurs received less encouragement to apply for a loan and were more frequently steered toward alternative loan products compared to white shoppers with similar or weaker business credit profiles. While focused on specific testing sites, this research provides insights into potential lending disparities that warrant further exploration. “The results of our secret shopping are consistent […] - [People’s Credit Union Facilitates URI Women\'s Locker Room Renovations](https://thecreditunionconnection.com/peoples-credit-union-facilitates-uri-womens-locker-room-renovations/): Through its partnership with People\’s Credit Union, the University of Rhode Island Department of Athletics recently made exciting enhancements to the women\’s locker rooms located in Tootell. People\’s Credit Union, the official partner of URI Women\’s Athletics, stepped up in a big way by covering most of the costs to give the space a branding and aesthetic refresh. The locker room walls and doors now feature new decals and wall murals with Rhody-centric branding that highlight student-athletes.  \”As our partnership with the University of Rhode Island\’s women\’s athletic programs deepens, we are sincerely grateful that People\’s Credit Union was able […] - [DCUC Urges Senate Judiciary Committee to Consider Impact of Interchange Rate Proposals on Military and Veteran Families](https://thecreditunionconnection.com/dcuc-urges-senate-judiciary-committee-to-consider-impact-of-interchange-rate-proposals-on-military-and-veteran-families/): Today, the Defense Credit Union Council, DCUC, sent a letter to Senate Judiciary Committee Chairman Dick Durbin (D-IL) and Ranking Member Lindsey Graham (R-SC), voicing strong opposition to legislative proposals targeting credit card interchange rates. DCUC highlights significant risks these measures pose to military service members, veterans, and their families as the committee prepares for the hearing titled, “America’s Big Ticket: Examining the Impact of the Visa-Mastercard Duopoly on Small Businesses and Consumers.” Credit card interchange fees, which fund essential security, fraud protection, and efficient transaction processes, are vital to the financial operations of defense credit unions. In the letter, […] - [Great Lakes Credit Union and Chicago Municipal Employees Credit Union Jointly Announce Intent to Merge](https://thecreditunionconnection.com/great-lakes-credit-union-and-chicago-municipal-employees-credit-union-jointly-announce-intent-to-merge/): Great Lakes Credit Union (GLCU) and Chicago Municipal Employees Credit Union (CMECU) are excited to announce their plans to merge pending regulatory approval and a CMECU membership vote. GLCU intends to preserve the legacy of CMECU by operating it as a division within GLCU. The credit unions are targeting a close of December 31st as a legal effective date for the merger, subject to member approval. The boards of GLCU and CMECU have voted in favor of the merger. CMECU was established in 1926 by members of the Municipal Employees Society of Chicago and is the oldest active credit union […] - [Jetstream Federal Credit Union Supports FCAA 40th Anniversary Gala](https://thecreditunionconnection.com/jetstream-federal-credit-union-supports-fcaa-40th-anniversary-gala/): Jetstream Federal Credit Union proudly served as a Silver Sponsor for the Family Christian Association of America (FCAA) 40th Anniversary Gala, celebrating \”40 Years of Changing Lives.\” The event was held on Saturday, November 9th, 2024, at the Miami Lakes Hotel in Miami Lakes, FL. The FCAA, a non-profit organization committed to empowering families and communities through Christian principles, has been a vital resource for the local Miami-Dade community for the past four decades. The organization provides a wide range of services, including youth programs, family counseling, and educational initiatives that aim to build stronger, more resilient communities. The Gala, […] - [Keesler Federal and Jefferson Financial Federal Credit Unions announce plans for a merger](https://thecreditunionconnection.com/keesler-federal-and-jefferson-financial-federal-credit-unions-announce-plans-for-a-merger/): Merger Called a “Win-Win” for Members Keesler Federal Credit Union and Jefferson Financial Federal Credit Union Boards of Directors on Wednesday announced plans for the largest credit union merger in Louisiana and Mississippi history, resulting in enhanced services for members of both credit unions and a more robust footprint stretching across the Gulf Coast. Jefferson Financial Federal will be merged into Keesler Federal Credit Union. The resulting organization will have combined assets of just under $5 billion, with 55 branch locations across Louisiana, Mississippi, Alabama, and the United Kingdom, and more than 900 employees. The leaders of both cooperative organizations […] - [CFPB Survey Reveals Impacts of Student Loan Debt Relief and Repayment Challenges](https://thecreditunionconnection.com/cfpb-survey-reveals-impacts-of-student-loan-debt-relief-and-repayment-challenges/): Debt relief recipients report being able to make beneficial changes in their lives; many borrowers still unaware of repayment options Today, the Consumer Financial Protection Bureau (CFPB) issued its first results from its Student Loan Borrower Survey, providing insights into the effects of student loan debt relief programs and the challenges borrowers face in navigating repayment options. The survey, conducted between October 2023 and January 2024, gathered data from a representative sample of student loan borrowers as the federal student loan payment pause ended and many borrowers returned to repayment. The report found nearly 61% of borrowers who received debt […] - [Embracing the Double Edged Sword That Is AI](https://thecreditunionconnection.com/embracing-the-double-edged-sword-that-is-ai/): If there’s one thing that businesses everywhere are clamoring for, it’s AI. Industries of all kinds are looking for ways to implement it to serve their business, whether it’s chatbots for communicating with customers or using Chat GPT to help generate answers to questions. Of course, the financial services industry has picked up on the hype, and many financial institutions have been quick to embrace the technology. Credit unions have also been jumping onboard, but for some, they still have questions and are choosing to wait to implement AI, or in some cases, ignoring AI altogether. Host and Co-founder of […] - [UNCLE Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/uncle-credit-union-selects-upstart-for-personal-lending/): UNCLE Credit Union (UNCLE), a Northern California-based credit union with over 38,000 members, has announced a new partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing members. “At UNCLE Credit Union, we are committed to offering exceptional financial services to meet all our members’ needs while also promoting financial wellness throughout our surrounding communities,” said Dree Johnson, Senior Vice President and Chief Operating Officer at UNCLE Credit Union. “We partnered with Upstart to expand inclusive lending and grow our membership across all four counties we serve in Northern California […] - [Scienaptic and Kentucky’s Credit Unions Partner to Bring AI to Credit Unions](https://thecreditunionconnection.com/scienaptic-and-kentuckys-credit-unions-partner-to-bring-ai-to-credit-unions/): Scienaptic AI, a leader in AI-powered credit underwriting, today announced a strategic partnership with the Kentucky’s Credit Unions (KCU) to bring advanced AI-driven underwriting technology to credit unions across Kentucky, enhancing their capacity to deliver smarter, more inclusive lending. Since its founding in 1934, the Kentucky’s Credit Unions has served as an advocate and resource hub, advancing the cooperative principles of credit unions throughout the state. KCU supports its member credit unions through education, advocacy, and operational assistance, with a central focus on meeting the financial needs of Kentuckians. Partnering with innovative companies like Scienaptic underscores KCU\’s commitment to equipping […] - [SchoolsFirst Federal Credit Union Recognizes Los Angeles County Teachers and Classified Employees of the Year](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-recognizes-los-angeles-county-teachers-and-classified-employees-of-the-year/): Winners of the 2023-2024 Los Angeles County Teachers of the Year and Classified Employees of the Year competitions hosted at Los Angeles Chargers game against New Orleans Saints on Oct. 27 SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, hosted winners of the Los Angeles County Teachers of the Year and Classified Employees of the Year competitions at the Oct. 27 Los Angeles Chargers game against the New Orleans Saints. Honorees were given two game tickets each with premium seating in a suite at SoFi Stadium in Inglewood, Calif. […] - [Centra Credit Union Donates $120,000 to Non-Profits](https://thecreditunionconnection.com/centra-credit-union-donates-120000-to-non-profits/): Centra Credit Union has announced grants to 48 non-profits within the Communities it serves, totaling $120,000. Centra Team Members were asked to nominate the non-profits they feel passionate about supporting, and one non-profit was selected for each team within Centra. “One of the things I love about Centra is the passion that all of its Team Members have when it comes to giving back to their community,” Centra Director of Community Involvement Jenni Carr said. “Our annual Team Member nominated donations campaign is just one way we seek to give back in a big way to the local non-profits who […] - [Holiday Spending Expected to Approach $3,000 as Families Navigate Seasonal Expenses](https://thecreditunionconnection.com/holiday-spending-expected-to-approach-3000-as-families-navigate-seasonal-expenses/): Affinity Federal Credit Union’s 2024 Holiday Spending Index reveals holiday hosting, travel, and activities bring significant costs, prompting families to plan and budget carefully As families across the country gear up for the holiday season, new data aggregated by Affinity Federal Credit Union (“Affinity”) highlights the cost of holiday celebrations, travel, and gifting. The average American family can expect to spend an additional $2,749.42 on holiday expenses from Thanksgiving through New Year’s, covering hosting, travel, gifts, and seasonal activities. Affinity’s 2024 Holiday Spending Index analyzed holiday-related expenses across key categories to provide a full picture of how much Americans will […] - [Kachinga Launches Unique, White-Labeled App to Transform Credit Union Services for Kids and Families](https://thecreditunionconnection.com/kachinga-launches-unique-white-labeled-app-to-transform-credit-union-services-for-kids-and-families/): First-of-Its-Kind Fintech Solution Integrates Directly with Core Banking Systems to Support Youth Financial Literacy Kachinga is excited to announce a groundbreaking solution that gives credit unions and their members the tools and guidance to teach and empower kids to be smart with money. Kachinga is the first company in the youth fintech space to offer a native, white-labeled app that directly integrates with credit union core systems. This unique technology provides a seamless member experience while maintaining the institution’s branding and control. With credit unions facing challenges such as an aging member base and the need to increase deposits, Kachinga’s […] - [Robins Financial Credit Union partners with Houston County Habitat for Humanity to Build Homes for Local Families](https://thecreditunionconnection.com/robins-financial-credit-union-partners-with-houston-county-habitat-for-humanity-to-build-homes-for-local-families/): Robins Financial Credit Union shows its commitment to the community through volunteering with Houston County Habitat for Humanity to bring the dream of homeownership to two local families. Houston County Habitat for Humanity, a trusted non-profit organization, has long been devoted to addressing the need for affordable housing. By engaging community partners, volunteers, and future homeowners, Habitat builds houses and strengthens neighborhoods, offering a pathway to stability for families in need. Their “hand-up, not hand-out\” approach ensures that families are active participants in building their own homes, creating a true sense of ownership and accomplishment. \”For over 30 years, Houston […] - [Cornerstone Foundation Partners with Community Impact Fund to Enhance Financial Wellness Initiatives](https://thecreditunionconnection.com/cornerstone-foundation-partners-with-community-impact-fund-to-enhance-financial-wellness-initiatives/): The Cornerstone Foundation is excited to announce its partnership with the Community Impact Fund (CIF), a 501(c)(3) nonprofit established in 2018 to help credit unions and organizations maximize community impact by addressing the financial needs of employees and community partners. This partnership aims to provide essential resources to support financial wellness initiatives and drive sustainable community development. The Community Impact Fund is dedicated to advancing financial well-being by empowering credit unions to offer Impact Loans and financial education resources, fostering a lasting positive effect on their employees and community partners. Through this partnership, the Cornerstone Foundation and CIF will work […] - [Cornerstone Foundation Partners with Integra CX](https://thecreditunionconnection.com/cornerstone-foundation-partners-with-integra-cx/): Cornerstone Foundation, the 501(c)(3) charity of the Cornerstone League, today announced a strategic partnership with Integra CX, a leader in innovative customer engagement solutions. This collaboration aims to introduce cutting-edge, interactive personalized video technology to credit unions, empowering their members to embark on a personalized financial wellness journey in an engaging and accessible way. With Integra CX’s breakthrough approach, financial wellness content becomes a unique experience, offering users real-time personalized insights on critical aspects such as retirement savings, debt management, and emergency savings—all in just two minutes. Designed to capture attention and drive results, this interactive personalized video format has […] - [Gesa Credit Union Announces Recipients of 2024 Local Heroes Grant Program](https://thecreditunionconnection.com/gesa-credit-union-announces-recipients-of-2024-local-heroes-grant-program/): Gesa has provided more than $1.4 million in grants to organizations that support Local Heroes across the Pacific Northwest Gesa, a community-focused credit union, is proud to announce the recipients of its 2024 Local Heroes Grant Program, which provides funds to organizations supporting local heroes within the community. This year, Gesa awarded more than $475,000 in grants to 44 organizations across the Pacific Northwest, marking its largest donation year yet. The top awarded organizations received upwards of $50,000 to support their individual needs. Gesa’s Local Heroes Grant Program provides grants to organizations that support any of the Gesa’s outlined Local […] - [OceanAir Federal Credit Union Selects Member Access Processing (MAP) as its Card Service Provider](https://thecreditunionconnection.com/oceanair-federal-credit-union-selects-member-access-processing-map-as-its-card-service-provider/): Member Access Processing (MAP), a Credit Union Service Organization (CUSO), and the leading provider of the Visa DPS Debit, Credit, ATM, and Digital Payment Processing platform to credit unions nationwide, announced that OceanAir Federal Credit Union has selected MAP for their debit and credit card processing. \”By partnering with Member Access Processing for our debit and credit card processing, we will continue to enhance and improve the communities we serve throughout California,” said Jason Browning, VP of Card Services and Operations at OceanAir Federal Credit Union. “We chose MAP because of their fast, flexible, and tailored solutions, providing our members […] - [Kids-N-Hope Foundation Raises Over $11,500 During its Winter Bingo Event](https://thecreditunionconnection.com/kids-n-hope-foundation-raises-over-11500-during-its-winter-bingo-event/): Fundraising Efforts Support Local Pediatric Health and Life Services The Kids-N-Hope Foundation (“The Foundation”) raised over $11,500 during this month’s Purse and Power Tool Bingo event. 170 attendees enjoyed a night of bingo, raffles, and time with friends and family all while supporting the Foundation’s mission to fund music therapy programs and other child life services. “We want to express our sincere gratitude to all our participants and volunteers who came out to support any of our bingo events this year. In total, we were able to raise $35,000 from these three events,” stated the Foundation’s Founder and Chairman Bruce […] - [CFPB Report Details Carveouts for Financial Institutions in State Data Privacy Laws](https://thecreditunionconnection.com/cfpb-report-details-carveouts-for-financial-institutions-in-state-data-privacy-laws/): Gaps in consumer protections pose risks as companies increasingly build business models to make money from personal financial data The Consumer Financial Protection Bureau (CFPB) today released a report examining federal and state-level privacy protections for consumers’ financial data. The report notes that protections under federal regulations for financial data have limits. Yet, many new state data privacy protections exempt financial institutions and consumer financial data covered by federal law, even though states generally have authority to go beyond the federal rules. As a result, in many states, privacy protections for financial information now lag behind safeguards in other sectors of […] - [Teeing Up for Tomorrow: TruMark Financial Cares Foundation’s Golf Classic Raises Over $58,000 for Financial Education Resources and Economic Empowerment](https://thecreditunionconnection.com/teeing-up-for-tomorrow-trumark-financial-cares-foundations-golf-classic-raises-over-58000-for-financial-education-resources-and-economic-empowerment/): On October 21, 2024, TruMark Financial Cares Foundation’s 9th Annual Golf Classic brought together 115 golfers at the Talamore Country Club in Ambler, PA, for a day of golf, camaraderie, and philanthropy. The event successfully raised over $58,000 to support financial education programs in local schools, reinforcing TruMark Financial Cares Foundation’s commitment to positive change by promoting financial education and economic empowerment and assisting members of the community in reaching their financial well-being. In addition to 18 holes of scramble-style tournament play, golfers participated in various skill competitions, including putting contest, closest-to-the-pin, and longest drive for both women and men. […] - [SchoolsFirst Federal Credit Union Celebrates International Credit Union Day](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-celebrates-international-credit-union-day-2/): Statewide events and fundraising efforts commemorate global credit union movement SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, joined credit unions in California and around the world on Oct. 17 to celebrate International Credit Union Day®, an annual event to commemorate the credit union movement\’s impact and achievements. This year marks the 76th anniversary of this annual event, celebrating financial inclusion and well-being for people around the world. Credit unions around the world celebrated in ways that strengthen ties with their local communities. SchoolsFirst FCU hosted an event at its […] - [EVERFI from Blackbaud Transforms Consumer Financial Education and Strengthens Banking Customer Relationships with Updates to EVERFI Achieve](https://thecreditunionconnection.com/everfi-from-blackbaud-transforms-consumer-financial-education-and-strengthens-banking-customer-relationships-with-updates-to-everfi-achieve/): Interactive, mobile-first financial education tool enables financial institutions to deliver critical education to adults in their communities  EVERFI® from Blackbaud®, the leader in powering social impact through education, today announced a major evolution of its EVERFI Achieve™ product, a powerful tool designed to provide just-in-time financial education and elevate financial institutions\’ relationships with their customers. With a fresh new look, an intuitive mobile-first design, and enhanced personalization features, the revamped Achieve goes beyond basic financial education to empower banks and credit unions in building trust, fostering deeper connections, and enhancing brand loyalty. This innovative platform not only offers a significant return […] - [Affinity Plus Youth Banking App Introduces Practice Loans ](https://thecreditunionconnection.com/affinity-plus-youth-banking-app-introduces-practice-loansnbsp/): New feature empowers kids to build real-world money skills at home with parental support and no risk Imagine children learning the value of money and how to pay off a loan without the financial stress. Affinity Plus Federal Credit Union is making that possible for families with the newest update to its Affinity Plus Youth Banking App, which now includes a practice loan feature to teach kids the ins and outs of managing debt in a safe and supportive environment. For many parents, handing over the latest gadget or funding a big-ticket item comes with a promise from their child […] - [MSUFCU Desk Drawer Foundation Holds Donor Event, Announces Foundation Grants](https://thecreditunionconnection.com/msufcu-desk-drawer-foundation-holds-donor-event-announces-foundation-grants/): The MSUFCU Desk Drawer Foundation hosted its annual donor event last week at the Credit Union’s headquarters in East Lansing. More than 100 people attended the Desk Drawer Foundation Second Annual Donor Event, which featured food, live music, and formal remarks from Desk Drawer Foundation officials, MSUFCU leadership, and the executive directors of Impression 5 Science Museum and Big Brothers Big Sisters Michigan Capital Region. This year’s event was generously sponsored by TruStage. Founded in 2019, the MSUFCU Desk Drawer Foundation focuses on five philanthropic pillars as it fulfills its mission to partner with donors to empower transformational change to […] - [First Capital Federal Credit Union Contributes to Dover Area High School Veterans Memorial!](https://thecreditunionconnection.com/first-capital-federal-credit-union-contributes-to-dover-area-high-school-veterans-memorial/): On Monday, November 11, 2024, First Capital Federal Credit Union’s Sue DeStephano, President/CEO; Tara Houser Minetos, SVP of Marketing; and Kayla Weaver, School Branch Coordinator, attended the dedication of the new Dover Area High School Veterans Memorial. Brad Jacobs, a former Commissioned Officer in the PA Army National Guard, first proposed the idea for the memorial in 2018 to coincide with the plans for a new high school. Fundraising for the project was halted due to COVID, but got back on track these last few years. To date, the project has raised $191,000 through generous sponsors like First Capital Federal […] - [TopLine Financial Credit Union Hosts Personal Care Drive to Benefit Local Communities](https://thecreditunionconnection.com/topline-financial-credit-union-hosts-personal-care-drive-to-benefit-local-communities-1/): TopLine’s members and employees come together to help community neighbors TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, held their annual Personal Care Drive during the month of September benefitting three local non-profits, Avenues for Youth, Union Gospel Mission and YMCA of the North Youth and Family Services. TopLine members and employees generously donated a variety of personal care items including body wash and soap, tooth paste and brushes, diapers, hair care products, socks and so much more to help neighbors in need. Employees were able to participate by donating personal care items and money in exchange […] - [Members First Credit Union Helps Stock Farwell Elementary’s First-Ever Book Vending Machine](https://thecreditunionconnection.com/members-first-credit-union-helps-stock-farwell-elementarys-first-ever-book-vending-machine/): Members First Credit Union is excited to announce its involvement in a unique and impactful project at Farwell Elementary School, where they\’ve helped launch the school’s first-ever book vending machine by stocking it with hundreds of new books. Members First Credit Union purchased 295 books, investing $2,685 to provide students with a wide selection of engaging books designed to inspire curiosity and a love of learning. Students can select books from the vending machine using tokens earned through positive actions, including achievements like Student of the Month and recognition in the “Caught You Being Good” program. This initiative celebrates students’ […] - [America Loves Instant Payments, as New RTP® Network Records Show](https://thecreditunionconnection.com/america-loves-instant-payments-as-new-rtp-network-records-show/): Consumer and businesses are getting paid faster each day, to the tune of a record 31.7 million transactions in October – averaging 1 million payments per day – exclusively on the RTP® network, the largest instant payment system in the United States that serves a growing and diverse corporate and consumer user base. The RTP® network, the largest instant payments system in the United States operated by The Clearing House, now averages over 1 million payments per day. The RTP network also set single day records of 1.46 million transactions valued at $1.24 billion on November 1.  In October, the RTP […] - [SECU’s Annual Statewide Toy Drive is Happening Now](https://thecreditunionconnection.com/secus-annual-statewide-toy-drive-is-happening-now/): Toys to benefit children in the communities where donations are received State Employees’ Credit Union (SECU) is excited to announce that its third annual statewide Toy Drive is officially underway and will continue through December 6. All 275 branches will serve as drop-off sites for the drive to help spread the joy of the holiday season to local children and families.  Anyone wishing to donate may bring new, unwrapped toys, books, or other gift items to any SECU branch. Donations collected at each location will be delivered to children in the area through collaborations with local charities and organizations. With […] - [American Eagle Financial Credit Union Honored with FOX 61 Impact Award](https://thecreditunionconnection.com/american-eagle-financial-credit-union-honored-with-fox-61-impact-award/): American Eagle Financial Credit Union (American Eagle FCU) has been awarded the prestigious Impact Award from FOX 61 television for the category of “Company Making an ImpaCT.” This recognition highlights American Eagle FCU\’s unwavering commitment to giving back to the Connecticut community, instilling a culture of volunteerism and philanthropy among its team members. The FOX 61 Impact Award recognizes organizations in Connecticut that prioritize social responsibility and actively contribute to their communities. American Eagle FCU has integrated giving back into its core mission, ensuring that team members have the opportunity to engage in meaningful volunteer activities while fostering a workplace […] - [LEPFA and LAFCU introduce new Mamava® Lactation Pod at the Lansing Center](https://thecreditunionconnection.com/lepfa-and-lafcu-introduce-new-mamava-lactation-pod-at-the-lansing-center/): Lactation suite promotes inclusivity and support for mothers in downtown Lansing LAFCU and the Lansing Entertainment & Public Facilities Authority (LEPFA), in coordination with the Lansing Regional Chamber of Commerce, held a ribbon cutting ceremony recently to unveil the newly installed Mamava lactation pod at the Lansing Center in downtown Lansing. LEPFA and LAFCU are co-sponsors of the suite. This mobile lactation suite provides a private, clean, and comfortable space for breastfeeding or pumping, offering an essential resource for mothers in the Lansing area. Accessed with a secure code, the pod’s spacious, ventilated interior includes seating, shelves, and charging outlets […] - [Alliance Credit Union of Florida Conserved](https://thecreditunionconnection.com/alliance-credit-union-of-florida-conserved/): Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted Florida’s Office of Financial Regulation today placed Alliance Credit Union of Florida in Gainesville, Florida, into conservatorship, and appointed the National Credit Union Administration as conservator. Member deposits at Alliance Credit Union of Florida remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts at Alliance Credit Union of Florida up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts […] - [Kirtland Credit Union Breaks Ground on New Branch at Max Q Development](https://thecreditunionconnection.com/kirtland-credit-union-breaks-ground-on-new-branch-at-max-q-development/): Kirtland Credit Union (KCU) proudly announces the groundbreaking of its new branch located within the exciting Max Q development, a mixed-use project situated off Gibson Boulevard in partnership with KirtlandAir Force Base through an Enhanced Use Lease (EUL). The ceremony took place on October 18, 2024, marking a significant milestone for both KCU and the local community. Matt Rarden, President and CEO at Kirtland Credit Union, expressed enthusiasm for the project, stating, \”This development has been in the works for a long time, and we are excited to be part of something that will greatly enhance the economic vitality of […] - [Credit Unions Announce New Hires/Promotions and Credit Union Employees Recognized For Achievements](https://thecreditunionconnection.com/credit-unions-announce-new-hirespromotions-and-credit-union-employees-recognized-for-achievements/): Several credit unions announced new hires/promotions, including Austin Telco Federal Credit Union and Chartway Credit Union, and employees from a few credit unions including Clearview Federal Credit Union and LAFCU were recognized for various achievements. New Hires Corporate Central is excited to announce the addition of Chelsea Menge as Relationship Development Manager. In this vital role, Menge will be instrumental in supporting the growth and success of Corporate Central. She will work closely with member credit unions, proactively assessing their financial climates, identifying specific needs, and positioning Corporate Central’s products and solutions to address those needs effectively. Menge will collaborate […] - [Federal Reserve issues FOMC statement](https://thecreditunionconnection.com/federal-reserve-issues-fomc-statement/): Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee\’s 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the risks to both […] - [VyStar Responds to Agreement with CFPB](https://thecreditunionconnection.com/vystar-responds-to-agreement-with-cfpb/): Over the past two years, VyStar has worked transparently with the CFPB and the National Credit Union Administration (NCUA).   Read: CFPB Orders VyStar CU to Pay $1.5M for “Botched Rollout” of Online Banking Conversion VyStar remains committed to prioritizing the best interests, well-being and financial security of its members. VyStar’s intent was always to provide an enhanced banking experience for members by making improvements to its online and mobile banking platforms. When disruptions occurred during the conversion process, VyStar moved swiftly to mitigate any impact on its members and ensure that no member suffered financial harm as a result of […] - [PenFed Credit Union Named Best Overall Credit Union of 2024-2025 by Money](https://thecreditunionconnection.com/penfed-credit-union-named-best-overall-credit-union-of-2024-2025-by-money/): PenFed recognized for openness to general public, high member satisfaction ratings and premium savings account. Personal finance digital platform Money announced the release of its 2024-2025 Best Banks list, with PenFed Credit Union, the nation\’s second-largest federal credit union, making the annual list for Best Overall Credit Union. This list highlights the financial institutions across the United States where consumers can get matched with perfect options for their money and day-to-day banking needs. \”We are proud to be recognized by Money for providing our members with world-class service and low fees,\” said PenFed President and CEO James Schenck. \”In 2025, we look forward to continuing to help our […] - [SchoolsFirst Federal Credit Union Opens New Branch Location on Cal Poly Pomona Campus](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-opens-new-branch-location-on-cal-poly-pomona-campus-1/): New location extends credit union\’s footprint to 70 branches in California SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced the opening of a new branch location on the campus of California State Polytechnic University, Pomona, extending the credit union\’s footprint to 70 branch locations in California. The new branch at Cal Poly Pomona joins two other SchoolsFirst FCU branches on university campuses, with branches already existing at Cal State University Fullerton (CSUF) and UC Irvine. Located on the second floor of the Bronco Bookstore at 3801 W. Temple […] - [PenFed Foundation Releases Song Honoring Veterans by Inspiring Giving Back to Our Nation\'s Heroes](https://thecreditunionconnection.com/penfed-foundation-releases-song-honoring-veterans-by-inspiring-giving-back-to-our-nations-heroes/): \”The Least We Can Do\” encourages giving back to veterans in any way possible. Watch the full music video here. https://www.youtube.com/watch?v=rmFPN7IqICM The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, is proud to announce the release of The PenFed Foundation song, \”The Least We Can Do,\” to honor veterans and encourage everyone to give back. The song is written by Heidi and Johnny Bulford and PenFed Foundation President Andrea McCarren. \”We are especially excited to release The Least We Can Do because it speaks to the heart of our mission and encourages everyone to give back to our veterans in […] - [Kemba Credit Union Launches Alkami\'s Digital Banking Platform for Retail and Business Members](https://thecreditunionconnection.com/kemba-credit-union-launches-alkamis-digital-banking-platform-for-retail-and-business-members/): Cincinnati-based credit union will deliver enhanced experience with new digital banking platform for both retail and business members Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that Kemba Credit Union, a Cincinnati, Ohio-based credit union, has partnered with Alkami to launch its digital banking solution for both retail and business members. Alkami\’s comprehensive Digital Banking Platform will equip Kemba Credit Union\’s members with intuitive self-service tools and a highly personalized user experience. The platform also enhances member engagement and provides advanced fraud detection and prevention capabilities. Alkami\’s […] - [Credit Unions for Kids Announces New Fundraiser Initiative in Partnership with Velera](https://thecreditunionconnection.com/credit-unions-for-kids-announces-new-fundraiser-initiative-in-partnership-with-velera/): Credit Unions for Kids announced a new fundraising initiative in partnership with Velera! Credit unions, leagues and industry vendors throughout the country can nominate their local Children’s Miracle Network hospital to receive a $10,000 donation. Velera will donate up to 15 awards directly to the recipient hospitals in the name of the nominating organization.  In 2008, Co-op Solutions introduced the Miracle Match program, a philanthropic program that encouraged credit unions, leagues and chapters to create and participate in fundraisers for their local CMN Hospitals. Through supplementing the donations raised with additional funds, the Miracle Match program successfully grew within the […] - [First Capital Federal Credit Union Employees Volunteer at Food Bank!](https://thecreditunionconnection.com/first-capital-federal-credit-union-employees-volunteer-at-food-bank/): On November 7, 2024, several First Capital Federal Credit Union employees helped pack 1,080 boxes at the York County Food Bank along with 50 other volunteers. “You can’t believe how many people it takes to pack those boxes,” said Tara Houser Minetos, SVP of Marketing. “What a rewarding experience knowing that you’re helping feed those in our community who may not know where their next meal is coming from.” First Capital is also currently holding a food drive at each of its branches to gather non-perishable food items to donate to the Food Bank. And in October, First Capital also […] - [Great Lakes Credit Union Expands into Central Illinois and Western Indiana Through Asset Purchase from Vibrant Credit Union](https://thecreditunionconnection.com/great-lakes-credit-union-expands-into-central-illinois-and-western-indiana-through-asset-purchase-from-vibrant-credit-union/): Great Lakes Credit Union (GLCU) is pleased to announce its expansion into Central Illinois and Western Indiana through a strategic purchase of a Vibrant Credit Union branch located in Danville, Illinois. GLCU is acquiring nearly 12,000 accounts, $66 million in deposits, and $22 million in loans from Vibrant. The asset acquisition aligns with GLCU\’s mission of expanding access to financial empowerment, as well as the credit union\’s commitment to offering state-of-the-art products, services, and technology to a wide membership base. Members of Vibrant\’s Danville branch will soon gain access to GLCU\’s suite of innovative products and services, including digital banking, […] - [Track and Share Your Credit Union’s Stories of Giving Back](https://thecreditunionconnection.com/share-your-stories-of-giving-back-with-help-from-uncommon-giving/): If there’s one thing that credit union teams are known for, it’s giving back to the communities they serve! From fundraising to volunteer work, credit unions spend nearly as much time giving back as they do helping members manage their finances. With all that volunteer and charity work under credit unions’ belts, it can be difficult to keep track of it all, especially when it comes reporting for compliance purposes or building your brand by sharing the stories of how your credit union has made a difference in your community. The Credit Union Connection Host and Co-founder Sarah Snell Cooke […] - [Fraud Protection and Resolution Become Critical Components of Customer Experience for Banks and Credit Card Issuers, J.D. Power Finds](https://thecreditunionconnection.com/fraud-protection-and-resolution-become-critical-components-of-customer-experience-for-banks-and-credit-card-issuers-jd-power-finds/): Checking, Savings or Debit Fraud Affected 29% of Bank Customers and 22% of Credit Card Customers in Past 12 Months More than one-fourth (29%) of bank customers and 22% of credit card customers have experienced some instance of fraudulent activity on their accounts in the past 12 months, according to the inaugural J.D. Power U.S. Financial Protection Satisfaction Study, SM released today. As financial fraud continues to escalate the way in which financial institutions play an active role in helping customers protect themselves as well as how they respond to incidents, the financial protection they provide has become a key […] - [DCUC Congratulates President-elect Donald J. Trump ](https://thecreditunionconnection.com/dcuc-congratulates-president-elect-donald-j-trumpnbsp/): DCUC Requests Collaborative Discussion to Support Military and Veteran Financial Needs  Today, the Defense Credit Union Council (DCUC), sent a letter to  President-elect Donald J. Trump, extending congratulations on his election and highlighting key areas where his administration can make a substantial impact on the lives of service members,  veterans, and their families.  \”[W]e extend our sincere congratulations on your election. Your commitment to addressing the needs of Americans, particularly our Nation’s service members, veterans, and their families, is inspiring and critically important. DCUC is a staunch advocate with over 60 years of experience representing defense credit unions nationwide. Our members collectively serve […] - [GTE Financial Proudly Awards $5,000 Grant to Tampa Bay Kayak Anglers at Tampa Bay Lightning\'s Noche Latina Night](https://thecreditunionconnection.com/gte-financial-proudly-awards-5000-grant-to-tampa-bay-kayak-anglers-at-tampa-bay-lightnings-noche-latina-night/): GTE Financial is proud to announce the awarding of a $5,000 grant to Tampa Bay Kayak Anglers (TBKA) during the Tampa Bay Lightning\’s Noche Latina night celebration. This grant underscores GTE Financial\’s commitment to enhancing community engagement and promoting diversity within the Tampa Bay area. As an organization dedicated to empowering the community, GTE Financial recognizes the vital role that TBKA plays in fostering inclusivity and environmental stewardship through activities such as kayaking and fishing.  “We are thrilled to partner with Tampa Bay Kayak Anglers in their mission to unite and educate the community,” said Cynthia Colon, Assistant Vice President […] - [Students Practice Real-World Financial Skills at Reality Fair Hosted by UMassFive and the MassHire Franklin Hampshire Workforce Board](https://thecreditunionconnection.com/students-practice-real-world-financial-skills-at-reality-fair-hosted-by-umassfive-and-the-masshire-franklin-hampshire-workforce-board/): UMassFive College Federal Credit Union and MassHire Franklin Hampshire Workforce Board (MFHWB) recently partnered to hold a Reality Fair for the Turners Falls High School junior class. Reality Fair is an immersive budgeting exercise for high school students, allowing them to envision their life at age 25. During the event, students chose a career they are interested in and were assigned a salary connected with that field, including their “take-home” pay after taxes. Using that figure, students visited booths where they were asked to make life choices on various expenses including housing, insurance, transportation, food, retirement, and more. Each student […] - [WESTconsin is Giving the Gift of Warmth with The Mitten Tree](https://thecreditunionconnection.com/westconsin-is-giving-the-gift-of-warmth-with-the-mitten-tree/): WESTconsin Credit Union is wrapping others in warmth this holiday season with its 14th annual The Mitten Tree campaign. All WESTconsin offices will be collecting winter weather apparel items November 12–27 that will be used to decorate a tree in each lobby and be donated to a variety of community partners across the credit union’s service area. In 2023, more than 2,500 items were collected, along with $2,620 raised in monetary support. To help those in need prepare for winter, acceptable items include new or handmade mittens, gloves, hats, scarves, earmuffs, coats, boots, and blankets and must be suitable for […] - [CFPB Orders VyStar Credit Union to Pay $1.5 Million for “Botched Rollout” of Online Banking Conversion](https://thecreditunionconnection.com/cfpb-orders-vystar-credit-union-to-pay-1-5-million-for-botched-rollout-of-online-banking-conversion/): VyStar conversion left families in a lurch, unable to manage finances and facing fees Today, the Consumer Financial Protection Bureau (CFPB) took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system. In May 2022, VyStar transitioned to a new, dysfunctional online banking platform that made it difficult for credit union members to perform basic banking functions for weeks, with some features unavailable for more than six months. Families incurred fees and costs as a result of these problems. The CFPB is ordering VyStar to ensure that all consumers are made whole. […] - [America’s Credit Unions Congratulates 2024 General Election Winners](https://thecreditunionconnection.com/americas-credit-unions-congratulates-2024-general-election-winners/): While results are still incoming, America’s Credit Unions is proud to announce a successful night for credit union champions. Among the 388 supported candidates, 322 won their seats as of Wednesday (Nov. 6) morning. The association is also tracking 52 open seats. In the 39 races called so far, 39 future champions have been elected. “As a former Member of Congress, I know all too well the jitters that come from an election night,” said America’s Credit Unions President/CEO Jim Nussle. “America’s Credit Unions, in partnership with the credit union leagues, proudly supported candidates from both sides of the aisle […] - [Alkami Surpasses All Digital Banking Providers To Become #1 in Credit Union Market Share](https://thecreditunionconnection.com/alkami-surpasses-all-digital-banking-providers-to-become-1-in-credit-union-market-share/): Recognition follows Alkami\’s J.D. Power certification for its Mobile Banking Platform Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) today announced it has been listed as the top digital banking provider in credit union market share based on the number of enrolled mobile users by FI Navigator, a leading U.S. banking vertical data and analytics company. FI Navigator data also shows that credit unions on the Alkami platform outperformed their peers in deposit, loan, and revenue growth from January 1, 2020 to June 30, 2024. \”Alkami is privileged to be the trusted leader in digital banking among credit unions and to serve the […] - [Following CFPB Rule, Credit Unions Must Prepare for Open Banking](https://thecreditunionconnection.com/credit-unions-open-banking-prep/): The Consumer Financial Protection Bureau’s (CFPB) recently issued its final rule in open banking, and it’s causing quite a stir for financial institutions. Simply put, a consumer would now have an easier time moving their financial data from one financial institution to another, giving them more freedom in choosing which financial institution they want to work and bank with. For credit unions, questions are being asked about open banking, such as what effect it will have on cybersecurity and how they will go about their underwriting. Host and Co-Founder of The Credit Union Connection Sarah Snell Cooke sat down with […] - [Pure Storage Simplifies Cloud Migrations for Enterprise-scale VMware Environments on Microsoft Azure](https://thecreditunionconnection.com/pure-storage-simplifies-cloud-migrations-for-enterprise-scale-vmware-environments-on-microsoft-azure/): Pure Storage announced Pure Storage Cloud for Microsoft Azure VMware Solution (AVS), a new fully managed block storage-as-a-service (STaaS) offering available for AVS. This new solution, soon to be in preview, will be offered as an Azure Native integration. With this new service, businesses will have access to seamless cloud migration in a way that’s cost effective and eliminates the overhead of managing that cloud storage.  \”Enterprises have struggled for years with the inefficiencies and high costs tied to migrating VMware workloads to the cloud. Pure Storage Cloud for Microsoft Azure VMware Solution eliminates these obstacles by providing seamless, scalable […] - [Inszone Insurance Services Announces Acquisition of Sandia Area Federal Credit Union’s Insurance Book and Establishes Ongoing Partnership to Better Serve Sandia Area Members](https://thecreditunionconnection.com/inszone-insurance-services-announces-acquisition-of-sandia-area-federal-credit-unions-insurance-book-and-establishes-ongoing-partnership-to-better-serve-sandia-area-members/): Inszone Insurance Services, a rapidly growing national provider of personal, commercial, and benefits insurance, is excited to announce the acquisition of Sandia Area Federal Credit Union\’s existing book of insurance business. Alongside this acquisition, Inszone is also proud to enter into a long-term partnership with Sandia Area Federal Credit Union, enhancing the suite of insurance options available to Sandia Area’s members and ensuring they receive top-tier service and support. Founded in 1956, Sandia Area Federal Credit Union has long been a trusted name in the financial services industry, offering members a not-for-profit banking alternative. The credit union’s dedication to providing […] - [The National Credit Union Foundation Teams Up With Spiral To Help Credit Union Members Achieve Financial Freedom](https://thecreditunionconnection.com/the-national-credit-union-foundation-teams-up-with-spiral-to-help-credit-union-members-achieve-financial-freedom/): The National Credit Union Foundation becomes a nonprofit partner of Spiral to engage members and enable increased awareness and support of its mission through digital banking. Spiral, the award-winning personalized banking platform, today announced that The National Credit Union Foundation (The Foundation) has joined as a nonprofit partner. As the charitable arm of the U.S. credit union movement, The Foundation supports nearly 3,000 credit unions with a mission to serve as a catalyst to improve people’s financial lives through credit unions and has awarded over $36 million worth of grants to help credit unions better serve their members. Through the […] - [myCUmortgage Recognizes Partner Credit Unions for Trailblazing the Mortgage Frontier](https://thecreditunionconnection.com/mycumortgage-recognizes-partner-credit-unions-for-trailblazing-the-mortgage-frontier/): Individual loan originators also recognized as part of the 2024 myCUmortgage Partner Conference Awards Celebrating the best of the best in credit union mortgage lending, myCUmortgage recognized 17 winners during the 19th Annual myCUmortgage Partner Conference, held October 15-17 in Dayton, Ohio. myCUmortgage is a leading Credit Union Service Organization (CUSO) that is wholly owned by Wright-Patt Credit Union. The recipients were showcased and celebrated during the conference\’s Annual Awards Luncheon on October 16. This year\’s winning partner credit unions and loan originators were selected based on the number of members assisted from July 1, 2023, to June 30, 2024. Closed […] - [Lucy Daniels Center Receives $750,000 Grant for Youth Mental Health Facility and Resource Center](https://thecreditunionconnection.com/lucy-daniels-center-receives-750000-grant-for-youth-mental-health-facility-and-resource-center/): SECU Foundation has awarded a $750,000 challenge grant to Lucy Daniels Center (LDC) for the construction of a youth mental health facility and resource center at its campus headquarters in Cary. The new wing will allow the non-profit to triple its current patient capacity for therapeutic services and support.  Established 35 years ago, LDC is the Triangle area’s largest agency provider of social, emotional, and mental health services for children from birth through 11 years and their families. LDC also received a Mission Development Grant from SECU Foundation in 2023 to help with fundraising strategies, including a feasibility study for […] - [Configurable Automation: CreditSnap Makes Affordable Automation a Reality for Banks and Credit Unions](https://thecreditunionconnection.com/configurable-automation-creditsnap-makes-affordable-automation-a-reality-for-banks-and-credit-unions/): CreditSnap\’s new tech approach delivers affordable end-to-end automation for small banks and credit unions, enabling seamless digital transformation. Amid the financial industry’s hype around Digital Transformation and Robotic Process Automation, CreditSnap cuts through the noise to bring high-tech automation within reach for small banks and credit unions. CreditSnap\’s configurable tech approach now offers advanced automation at just one-third the cost of previous technologies to provide a practical option for over 9,500 smaller financial institutions burdened by the high costs and complex demands of end-to-end automation. Till 2022, only a select handful of large banks and a few neo banks were […] - [Local credit union and nonprofit donate over 400 bikes to children in foster care](https://thecreditunionconnection.com/local-credit-union-and-nonprofit-donate-over-400-bikes-to-children-in-foster-care/): Desert Financial Credit Union achieved a milestone of giving back, as nearly 1,200 volunteers from the organization came together last week to assemble bicycles for children in the care of the Arizona Department of Child Safety (DCS). These volunteers know that these bikes can bring some hope and joy during a time of year that can be difficult for foster children. Desert Financial purchased over 400 bicycles for the Foster Alliance, who is partnering with DCS as part of their Giving Tree program. The bikes will be distributed to children statewide, just in time for the holidays. The donation was […] - [Extole Announces Integration with Q2\'s Digital Banking Platform](https://thecreditunionconnection.com/extole-announces-integration-with-q2s-digital-banking-platform/): Financial Institutions can now offer Extole\’s dynamic refer-a-friend and engagement programs through Q2\’s Digital Banking Platform Extole, a Customer-Led Growth platform specializing in referral marketing, today announced an integration with Q2\’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for financial services. As part of the Q2 Partner Accelerator Program, financial institutions will be able to purchase the Extole platform and then offer their refer-a-friend and engagement programs via the Q2 Digital Banking Platform to acquire new members, increase deposits, and improve member engagement through the online banking […] - [Innovative Partnerships Group expands its presence in the Financial Services Industry with well-known credit union executive, Todd Marksberry, joining the company](https://thecreditunionconnection.com/innovative-partnerships-group-expands-its-presence-in-the-financial-services-industry-with-well-known-credit-union-executive-todd-marksberry-joining-the-company/): Long-time credit union leader, Todd Marksberry, has joined Innovative Partnerships Group in the role of Executive Advisor. Marksberry will expand Innovative Partnerships Group\’s sponsorship and naming rights consulting and business development practice in the financial services industry, which will include Credit Unions, Banks, FinTechs, Credit Card companies and Payments Solutions providers.  Innovative Partnerships Group is a full-service consulting, valuation, and business development agency dedicated to changing the way premiere brands and properties come together to execute the most measurable and meaningful long-term business partnerships.  Innovative Partnerships Group executives have assisted global sports & entertainment property rights holders in generating billions […] - [Payments Innovation Alliance Releases New Report Detailing the Potential Impact of Quantum Computing on Payments](https://thecreditunionconnection.com/payments-innovation-alliance-releases-new-report-detailing-the-potential-impact-of-quantum-computing-on-payments/): Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published Protecting Payments in the Quantum Era: What You Need to Know. This free publication outlines the basics of quantum computing, explaining key concepts and how it differs from classical computing. It explores the potential applications of quantum computing in the financial sector, particularly in payments, highlighting opportunities for innovation and efficiency. The report also addresses the significant threats quantum computing poses to current cryptographic standards and discusses recent developments in quantum technologies, the urgent need for quantum-safe cryptographic solutions and […] - [Rocky Mountain Credit Union and UnitedOne Credit Union Launch Mahalo’s Thoughtful Banking Platform](https://thecreditunionconnection.com/rocky-mountain-credit-union-and-unitedone-credit-union-launch-mahalos-thoughtful-banking-platform/): Two credit unions implement enhanced banking platform to elevate digital features, create member-centric experience Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, today announced that Montana-based Rocky Mountain Credit Union (Rocky Mountain) and Wisconsin-based UnitedOne Credit Union (UnitedOne) are both now live on its enhanced Thoughtful Banking platform. This innovative platform provides the credit unions with a streamlined interface to their core processor as well as customizable navigation capabilities. Mahalo’s Thoughtful Banking provides a mobile-optimized user experience, featuring seamless functionality across both mobile and online banking. This enhanced platform empowers members to easily modify […] - [Consumers Credit Union Breaks Ground on Office Location in Marshall](https://thecreditunionconnection.com/consumers-credit-union-breaks-ground-on-office-location-in-marshall/): Consumers Credit Union announces that construction has begun on a new 1,185-square-foot office in Marshall, Michigan. The new location, projected to open in 2025, will provide a comprehensive financial experience, including personal checking, savings, credit cards, mortgages, full-service lending and banking, investments and education. “Our new Marshall office represents an exciting chapter in our growth,” said Consumers’ President and CEO Scott Sylvester. “We’re excited to bring our financial expertise to the Marshall community and continue to expand along the I-94 corridor.” The location will feature Consumers’ innovative TellerPlus+ technology in both the lobby and the drive-thru lane. The location will […] - [DCUC and AmeriCU Meet with Congresswoman Claudia Tenney’s Office ](https://thecreditunionconnection.com/dcuc-and-americu-meet-with-congresswoman-claudia-tenneys-officenbsp/): Discussing Credit Unions’ Tax Status and Regulatory Framework Today, the Defense Credit Union Council (DCUC), represented by Chief Advocacy Officer Jason Stverak, and joined by AmeriCU President/CEO Ron Belle, shared a call with Congresswoman Claudia Tenney’s (NY-24) office. The parties discussed credit unions\’  tax status and regulatory framework, including Community Reinvestment Act (CRA)  requirements.  Today’s call followed DCUC’s letter sent to Congresswoman Tenney last week, in which DCUC  expressed appreciation for her openness to dialogue on these key issues. In the letter, Stverak highlighted the fundamental differences between credit unions and banks, and the historic role   of credit unions in providing […] - [How to Make Great Business Decisions](https://thecreditunionconnection.com/how-to-make-great-business-decisions/): By David Savoie, CEO, LaCorp Everyone in a management capacity makes countless decisions over the course of their careers. Have you ever stopped to think about your process for making business decisions?   To the extent that traditional business school courses in management discuss the process of decision-making, they have traditionally focused on logic, such as listings of pros and cons, feasibility studies, etc., as the exclusive decision-making method.  Recently, some of the nation’s leading business schools have performed additional research into the neuroscience of business decision-making. Dr. Tara Swart, a leading neuroscientist and faculty at the MIT Sloan School of […] - [Hawaii Central Federal Credit Union Nursing Scholarship Recipient Completes Clinical Rotation at the Queen’s Medical Center](https://thecreditunionconnection.com/hawaii-central-federal-credit-union-nursing-scholarship-recipient-completes-clinical-rotation-at-the-queens-medical-center/): “It is such an honor to have been the repeat recipient of this scholarship,” said Jasmine-Kortney Young-Gusman who, last year, was the first ever awardee of the Hawaii Central Federal Credit Union (FCU) Nursing Scholarship. Left to right – Scholarship Recipient, Jasmine-Kortney Young-Gusman, Registered Nurses, Shawna Chong-Ishii & Erika Tanimoto, Gary Nakata, Travis Uchino. “Jasmine is a great example of someone who deeply cares about her patients”, said Shawna Chong-Ishii, APRN, Jasmine’s supervisor, and instructor at Chaminade University. “Jasmine is a dedicated and driven individual who is excited to further her career in the healthcare field. We are happy to […] - [Austin Telco FCU Announced as the New Presenting Sponsor for the Suite and Loge Level of the H-E-B Center](https://thecreditunionconnection.com/austin-telco-fcu-announced-as-the-new-presenting-sponsor-for-the-suite-and-loge-level-of-the-h-e-b-center/): Austin Telco Federal Credit Union is excited to announce its new role as the presenting sponsor for the Suite and Loge Level at the H-E-B Center in Cedar Park, Texas, elevating its partnership with the Texas Stars. The H-E-B Center is home to the Texas Stars, an ice hockey team in the American Hockey League (AHL) affiliates of the Dallas Stars Hockey Team. This exciting collaboration aligns two community-focused organizations allowing them to enhance the overall experience for visitors and fans alike, which is a testament to Austin Telco’s ongoing commitment to fostering partnerships that benefit the community. Austin Telco’s […] - [Royal Credit Union Kicks Off Giving Never Melts Away Annual Toy Drive On November 1](https://thecreditunionconnection.com/royal-credit-union-kicks-off-giving-never-melts-away-annual-toy-drive-on-november-1-1/): Royal Credit Union (Royal) and The Salvation Army have partnered again to present Giving Never Melts Away, Royal’s annual toy drive. New and unwrapped toys for children of all ages are being accepted at all Royal Credit Union locations during regular business hours from November 1- 30. Monetary donations are also accepted in the offices and online at rcu.org/ToyDrive. “We are thrilled to kick off Giving Never Melts Away again this holiday season,” said Melissa Janssen, Program Director of Community Relations. “Year after year we see the joy and relief this initiative brings to families in need, and we are […] - [Hawaii State FCU Opens New Branch at Safeway Waikele](https://thecreditunionconnection.com/hawaii-state-fcu-opens-new-branch-at-safeway-waikele/): Hawaii State Federal Credit Union (Hawaii State FCU) is pleased to announce the opening of its newest in-store branch located at Safeway Waikele on Oahu. The new Waikele Branch at Safeway is part of Hawaii State FCU’s ongoing expansion to offer its members more convenient banking options across Oahu and Maui. “We are excited to bring this new branch to the Waikele community, continuing our mission of making banking easier and more accessible for our members,” said Andrew Rosen, president and CEO of Hawaii State FCU. “Over the past two years, we’ve expanded our footprint with several in-store branches at […] - [Baltimore County Employees FCU to Change its Name to Peake Federal Credit Union](https://thecreditunionconnection.com/baltimore-county-employees-fcu-to-change-its-name-to-peake-federal-credit-union/): Baltimore County Employees Federal Credit Union (BCEFCU) has announced to members that it will change its name to Peake Federal Credit Union in March 2025. For over 60 years, BCEFCU has proudly served the employees and families of Baltimore County. The name change will allow the Credit Union to be more inclusive and welcoming to the communities it has grown to serve. The new name and brand represent its steadfast commitment to supporting the financial well-being of its members, communities and employees. “Although we will have a new name and look, our core values and unwavering commitment to our members […] - [Credit Unions Can’t Fall Behind in Payments Technology](https://thecreditunionconnection.com/dont-fall-behind-in-payments-programs/): Payments are an area of financial services that is rapidly evolving. Digital payment services and apps are incredibly popular, and if credit unions don’t take the time to learn about and implement these services, they could quickly fall behind, particularly as they try to attract younger members. The Credit Union Connection Co-Founder/CEO Sarah Snell Cooke sat down with Finastra\’s Global Solutions and Payments Consultant Mihail Duta to discuss the growth of digital payments services in 2025. They also addressed FedNow and its development. Mihail even made some prognostications about how FedNow will grow and the direction in which credit unions […] - [Online voting begins Nov. 1 for SELCO’s inaugural Regional Classroom Makeover program, which will award three educators as much as $15,000 each to fund substantial classroom improvements](https://thecreditunionconnection.com/online-voting-begins-nov-1-for-selcos-inaugural-regional-classroom-makeover-program-which-will-award-three-educators-as-much-as-15000-each-to-fund-substantial-classroom-improvements/): SELCO Community Credit Union is inviting Oregonians to cast a vote of a different kind — for their favorite classroom makeover project among nine finalists. The online public vote will decide three winning educators for a Regional Classroom Makeover—one each from Central and Eastern Oregon, Northwest Oregon, and Southwest Oregon. The three winners will receive as much as $15,000 apiece to transform their learning spaces. The public voting process is open now through Thursday, Nov. 14 at www.selco.org/vote. Voters are limited to one vote among the finalists in their local region. The Classroom Makeover program is part of the SELCO […] - [Credit Unions Announce New Hires and Promotions and Retired Royal Credit Union CEO Receives Legends of the Movement Award](https://thecreditunionconnection.com/credit-unions-announce-new-hires-and-promotions-and-retired-royal-credit-union-ceo-receives-legends-of-the-movement-award/): Several credit unions announced new hires/promotions, including Greylock Federal Credit Union and Westerra Credit Union. Additionally, the retired CEO of Royal Credit Union was recognized with a Legends of the Movement award. New Hires Aux is proud to announce a series of strategic personnel changes aimed at strengthening its team and enhancing the quality of service provided to its valued clients. New Hires Kimberley DeDapper – Compliance Specialist I Royal Credit Union (Royal) announces Michael Geissler as Vice President – Commercial Loan Officer in White Bear Lake. In this position, Geissler will be responsible for developing and managing a complex […] - [equipifi Selected as a Best Places to Work in the Valley for Second Consecutive Year](https://thecreditunionconnection.com/equipifi-selected-as-a-best-places-to-work-in-the-valley-for-second-consecutive-year/): Award underscores equipifi\’s commitment to fostering an innovative, fast-paced, and growth-oriented workplace culture as it creates a new category in fintech. equipifi, the leader in bank-led Buy Now, Pay Later (BNPL) solutions, is proud to announce that it has been selected as one of the Best Places to Work in the Valley for the second consecutive year. \”We\’re honored to be recognized again as a top employer in the Valley,\” said Bryce Deeney, co-founder and CEO of equipifi. \”At equipifi, we believe that building the future of payments requires not only cutting-edge technology, but also an empowered and dynamic team. […] - [A+ Federal Credit Union Team Volunteers Over 1,610 Hours During Third Annual A+ Gives Day](https://thecreditunionconnection.com/a-federal-credit-union-team-volunteers-over-1610-hours-during-third-annual-a-gives-day/): Awards five local organizations with $2,000 donations determined by community voting. On Monday, October 14, 2024, A+ Federal Credit Union (A+FCU) hosted its annual A+ Gives Day in which over 490 team members volunteered more than 1,610 hours at 43 Central Texas organizations and 29 organizations across the nation. A+ Gives Day is an expansion of the credit union’s ongoing A+ Gives program to show appreciation and support for the communities A+FCU serves. \”On A+ Gives Day, we’re incredibly proud of the work done by our A+ team members to benefit so many deserving organizations during this special day of […] - [Montana’s Credit Unions kicks off its award-winning annual fundraiser for Shodair Children’s Hospital](https://thecreditunionconnection.com/montanas-credit-unions-kicks-off-its-award-winning-annual-fundraiser-fornbspshodair-childrens-hospital/): Once again united under our favorite rivalry — the Cat/Griz football game — credit unions across  Montana are raising funds for Shodair Children’s Hospital (Shodair) through our annual Credit Unions for Kids (CU4Kids) Brawl of the Wild fundraiser.  Leading up to the football game, credit unions across Montana will be selling $1 team icons to football fans to proudly support their team. Credit unions celebrate the campaign every year with decorated lobbies, social media posts, and even beautiful window art. It’s a big celebration raising big money for a great cause. Since  2021, Montana’s credit unions have collectively donated over $87,000 […] - [Agent IQ and Narmi Announce Strategic Partnership to Improve Digital Banking Experiences](https://thecreditunionconnection.com/agent-iq-and-narmi-announce-strategic-partnership-to-improve-digital-banking-experiences/): Agent IQ, a leader in AI-powered digital relationship banking, today announced a strategic partnership with Narmi, a leading provider of digital banking solutions. This collaboration will integrate Agent IQ’s Lynq® platform with Narmi’s digital banking and account opening products, enabling community banks and credit unions to enhance customer experience and engagement across digital channels. The partnership is poised to reshape the landscape of digital banking by empowering financial institutions to deliver seamless, personal, and AI-powered customer experiences. By bringing together Narmi\’s state-of-the-art digital banking platform with the personal engagement and efficiency capabilities of Agent IQ’s Lynq platform, banks and credit […] - [Chartway Credit Union Recognized for Second Consecutive Year As One of the 50 Most Community-Minded Companies in Hampton Roads](https://thecreditunionconnection.com/chartway-credit-union-recognized-for-second-consecutive-year-as-one-of-the-50-most-community-minded-companies-in-hampton-roads/): Chartway Credit Union has been named an honoree of The Civic 50 Hampton Roads by VOLUNTEER Hampton Roads and Points of Light, the world’s largest organization dedicated to volunteer service, for a second consecutive year. The award recognizes Chartway as one of the most community-minded companies in Hampton Roads determined by an independently administered and scored survey. The Civic 50 Hampton Roads initiative, modeled after Points of Light’s national program, provides a standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to drive social impact in their company and communities. \”I am honored […] - [First Commerce to Host Free Community Shred Day in Partnership with Leon County Sheriff’s Office and Secure Records Solutions on Thursday, November 7](https://thecreditunionconnection.com/first-commerce-to-host-free-community-shred-day-in-partnership-with-leon-county-sheriffs-office-and-secure-records-solutions-on-thursday-november-7/): Community Shred Day event empowers individuals and businesses to safely discard documents containing confidential information First Commerce Credit Union is partnering with the Leon County Sheriff’s Office and Secure Records Solutions (SRS) to offer a free, drive-thru Shred Day event to help members of the community safely and conveniently discard their confidential documents by having them shredded. Not only is it a great way to clear out clutter, but shredding old documents containing personal information is an easy way to guard against fraud and identity theft. Tallahassee residents and surrounding areas are invited to visit First Commerce’s Summit East Financial […] - [SchoolsFirst Federal Credit Union Sponsors Sacramento Republic FC and Sacramento County Office of Education Teachers of the Year and Classified School Employees of the Year Recognition Event](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-sacramento-republic-fc-and-sacramento-county-office-of-education-teachers-of-the-year-and-classified-school-employees-of-the-year-recognition-event/): SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, recently sponsored the Teachers of the Year and Classified School Employees of the Year recognition event hosted by Sacramento Republic FC and the Sacramento County Office of Education (SCOE), held on Oct. 26, 2024. The special celebration took place at Heart Health Park during the Sacramento Republic FC match against the Colorado Springs Switchbacks. The honorees – distinguished educators and classified school employees from across Sacramento County – were recognized in an on-field ceremony prior to the game. The event began […] - [Advancing Women\'s Leadership: Global Virtual Summit Ignites Knowledge, Network and Action](https://thecreditunionconnection.com/advancing-womens-leadership-global-virtual-summit-ignites-knowledge-network-and-action/): GWLN and HerCsuite® Partner to Share Insights on Key Leadership Essentials Global Women’s Leadership Network (GWLN) on October 30 and 31 hosted a virtual Executive Readiness Summit focused on Knowledge, Network and Action to advance women’s leadership. Partnering with HerCsuite® for a second time, GWLN designed the event to bring perspectives from both inside and outside the credit union movement, delivering insights crucial for today’s leaders. The Summit brought together 80 attendees from 40 credit unions and other organizations across the United States, Canada, Brazil, Panama, El Salvador, Ecuador and Peru, including representatives from 19 GWLN Sister Societies. The event […] - [Defense Credit Union Council Urges Congressional Action on Key Legislative Priorities for Military-Focused Credit Unions Ahead of Lame-Duck Session ](https://thecreditunionconnection.com/defense-credit-union-council-urges-congressional-action-on-key-legislative-priorities-for-military-focused-credit-unions-ahead-of-lame-duck-sessionnbsp/): As the lame-duck session approaches, the Defense Credit Union  Council, (DCUC), sent a letter to the U.S. House and Senate, emphasizing critical legislative priorities for the nation’s nearly 200 defense credit unions and the 40 million members they serve, particularly active-duty military, veterans, and their families.   In the letter, DCUC Chief Advocacy Officer Jason Stverak calls on Congress to address several pressing issues impacting credit unions serving these important communities. Stverak called  attention to the following priorities:   Opposing the Durbin-Marshall Interchange Legislation  DCUC emphasized how the Durbin-Marshall proposal aims to cap credit card interchange fees,  mirroring limits already placed on debit fees. […] - [Soarion Credit Union Announces Promotion of Hisham Eid to Vice President – Chief Technology Officer](https://thecreditunionconnection.com/soarion-credit-union-announces-promotion-of-hisham-eid-to-vice-president-chief-technology-officer/): Soarion Credit Union announces the promotion of Hisham Eid to Vice President – Chief Technology Officer. Eid joined Soarion Credit Union in April 2024 as Assistant Vice President of Tech Innovation and Integration. “In his short time with Soarion Credit Union, Hisham has already led several major technology initiatives to great success,” Ric Ledezma, President & CEO, said. “As the highest-ranking technology executive at the credit union, Hisham will continue to play a critical role in aligning our technology initiatives with our strategic business goals – in particular, identifying and implementing innovative financial solutions for our members.” In this new […] - [Suncoast Credit Union Contributes $250,000 to the American Red Cross of Central Florida as Part of Ongoing Hurricane Relief Efforts](https://thecreditunionconnection.com/suncoast-credit-union-contributes-250000-to-the-american-red-cross-of-central-florida-as-part-of-ongoing-hurricane-relief-efforts/): Suncoast Credit Union continues its dedication to hurricane recovery efforts with a $250,000 donation to the American Red Cross of Central Florida. This latest contribution, presented on Wednesday, is part of Suncoast’s $850,000 statewide relief commitment to provide critical aid to Floridians facing immediate and long-term challenges following the storms. The $850,000 commitment from Suncoast Credit Union focuses on key areas essential to re- covery: hunger relief, crisis management, and education. By channeling resources into these priority areas, Suncoast aims to bridge critical needs and create lasting impact for affected fami- lies and individuals. The funds directed to the American […] - [CUNFL and Franklin Mint Federal Credit Union Partner on Mobile Bear Country Credit Union](https://thecreditunionconnection.com/cunfl-and-franklin-mint-federal-credit-union-partner-on-mobile-bear-country-credit-union/): Franklin Mint Federal Credit Union (FMFCU), in collaboration with Credit Union Network for Financial Literacy (CUNFL), proudly unveils its newly redesigned Mobile Bear Country Credit Union van, featuring the iconic Berenstain Bears in a vibrant and playful design. This mobile unit travels to schools and community events to deliver The Berenstain Bears Financial Literacy Cub Club program, teaching children essential money management skills. The van, designed by CUNFL, is an immersive experience that brings Bear Country to life, capturing the attention of children with its colorful exterior and inviting them to engage with hands-on activities. Once onsite, FMFCU educators lead […] - [Austin Telco FCU Announced as Marketing Association of Credit Unions (MAC) Award Winner](https://thecreditunionconnection.com/austin-telco-fcu-announced-as-marketing-association-of-credit-unions-mac-award-winner/): The Marketing Association of Credit Unions (MAC) announced the winners of its prestigious 2024 MAC Awards. These awards recognize the most impactful and creative credit union marketing projects and campaigns across the nation. This year\’s ceremony, held at the annual MAC Conference, was a night to celebrate the power of innovative marketing in credit union success. A distinguished panel of judges meticulously evaluated a record-breaking 447 entries from over 100 different credit unions, selecting winners based on their creativity, strategic effectiveness, and overall impact. Austin Telco Federal Credit Union received the following recognition: Silver Award in the Partnership/Sponsorship Marketing category […] - [First Capital Federal Credit Union Hosts Ribbon Cutting Ceremony at The Bulldog Branch!](https://thecreditunionconnection.com/first-capital-federal-credit-union-hosts-ribbon-cutting-ceremony-at-the-bulldog-branch/): First Capital Federal Credit Union held a ribbon cutting ceremony to celebrate the grand opening of The Bulldog Branch of First Capital Federal Credit Union on October 30, 2024. The new branch, located inside West York Area High School, is a full-service branch open to West York Area School District students, faculty, and their families.  “We are excited about the future of The Bulldog Branch,” said Sue DeStephano, President & CEO. “This is a great opportunity to not only provide financial education to students, but to help make banking more convenient for West York Area School District employees.” The Bulldog […] - [Jim Hollingsworth Honored with Esteemed 2024 Leadership Award ](https://thecreditunionconnection.com/jim-hollingsworth-honored-with-esteemed-2024-leadership-awardnbsp/): At the 48th Annual Chairs’ Roundtable Forum in New Orleans, Jim  Hollingsworth, Board Chair of Keesler Federal Credit Union, was honored with the National Association  of Credit Union Chairs 2024 Leadership Award.  Jim was presented the award in front of his peers and lauded for Keesler’s phenomenal growth  that took place under his leadership as Board Chair. His efforts contributed to Keesler receiving  numerous awards including Best CU in Mississippi, Defense Federal Credit Union CU of the Year,  Forbes #1 credit union in the State, and winner of the Sun Herald Newspapers “People Choice Award as  best Bank/Credit Union and […] - [evolve FCU Social Purpose community outreach event Kids Day at the Corn Maze](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-kids-day-at-the-corn-maze/): On Saturday, October 26th, evolve FCU hosted its first social purpose event in Las Cruces, NM with Jardin De Los Ninos at the Mesilla Valley Corn Maze. Since branching into Las Cruces, the credit union’s mission is to provide community support in the same way they support the El Paso community.  They do this through their Social Purpose initiative, which provides unforgettable experiences for the families of nonprofit organizations that help children in need. Jardin De Los Ninos is a great organization that aligns with the values and beliefs evolve stands for. The credit union wanted to kick start their […] - [Vantage West Partners with FHLBank San Francisco to Award Groundswell Capital, Pascua Yaqui Development Corporation, and Community Investment Corporation $100,000 AHEAD Program Grants ](https://thecreditunionconnection.com/vantage-west-partners-with-fhlbank-san-francisco-to-award-groundswell-capital-pascuanbspyaqui-development-corporation-and-community-investment-corporation-100000-aheadnbspprogram-grantsnbsp/): Vantage West Credit Union, in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), will deliver $100,000 AHEAD Program grants to Groundswell Capital, Pascua Yaqui Development Corporation, and Community Investment  Corporation in support of their efforts to drive economic growth, enhance workforce development, and create equitable opportunities for underserved communities throughout Southern Arizona.  Vantage West applied for the grant in partnership with these non-profits. After a competitive selection process, the three non-profits were awarded the AHEAD Program grants to fund the very important  work they do in the community.  • Groundswell Capital builds thriving communities by […] - [NCUA Prohibits Four Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-four-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution-1/): The National Credit Union Administration issued three consent orders and one prohibition notice in October 2024. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Consent Orders: Gloria J. Hall, a former employee of Prairie View Federal Credit Union, Prairie View, Texas Diane Stephens, a former employee of Priority First Federal Credit Union, Du Bois, Pennsylvania Laurie Allen, a former employee of Vibrant Credit Union, Danville, Illinois Notice of Prohibition: Salusthian Lutamile, a former employee of IDB Global Federal Credit Union, Washington, D.C. An Order of Prohibition prohibits a party from […] - [DCUC Outlines Key Policy Priorities in Letter to U.S. Treasury Nominee Scott Bessent](https://thecreditunionconnection.com/dcuc-outlines-key-policy-priorities-in-letter-to-us-treasury-nominee-scott-bessent/): Today, the Defense Credit Union Council, (DCUC), sent a letter extending congratulations to Secretary of the Treasury nominee, Scott Bessent, while emphasizing DCUC’s commitment to collaborating on critical financial priorities. “On behalf of the Defense Credit Union Council and our member credit unions serving service members, veterans, and their families, I want to congratulate you on your nomination as Secretary of the Treasury,” stated Jason Stverak, DCUC Chief Advocacy Officer. “Your dedication to economic growth and capital formation has been commendable, and we are confident that your leadership will further strengthen America’s financial institutions.” DCUC provided Bessent its strategic priorities […] - [Members First Credit Union Announces 2024 Joy In Teaching Grant Recipients, Awarding $20,000 To Michigan Educators](https://thecreditunionconnection.com/members-first-credit-union-announces-2024-joy-in-teaching-grant-recipients-awarding-20000-to-michigan-educators/): Members First Credit Union (M1) proudly announces the recipients of its inaugural Joy in Teaching Grants, an initiative dedicated to supporting educators and enriching learning environments across Michigan. M1 awarded 40 $500 teacher grants totaling $20,000 to help bring classroom visions to life and enhance students\’ educational experiences. The grants will support a diverse range of projects that enrich student learning, including the purchase of tablets for digital learning, STEM supplies, new books to refresh school libraries, classroom supplies for a 1st-year teacher, 3D printers, welding equipment, art supplies, band instruments, and physical education supplies. Additional grants funded unique student […] - [Addition Financial Credit Union Announces Partnership With AdventHealth University to Support College Students and Faculty](https://thecreditunionconnection.com/addition-financial-credit-union-announces-partnership-with-adventhealth-university-to-support-college-students-and-faculty/): As part of its ongoing commitment to support education, Addition Financial Credit Union has designated AdventHealth University and its students to receive of scholarship funding, financial benefits, and other financial wellness opportunities. “AdventHealth University is tremendously grateful for Addition Financial’s support and involvement,” said C. Josef Ghosn, EdD, FACHE, president and CEO of AdventHealth University. “AdventHealth University and Addition Financial have a shared mission to instill well-being, fulfillment and independence in young adults in our community.” Addition Financial’s support includes a $25,000 donation toward student scholarships, $200 for every new checking account opened by students or team members, financial habits […] - [Truliant Insurance Adds to Strategic Growth Through Acquisition](https://thecreditunionconnection.com/truliant-insurance-adds-to-strategic-growth-through-acquisition/): Truliant Federal Credit Union, through its wholly owned subsidiary Truliant Insurance, has completed a new insurance agency purchase as the credit union expands its insurance resources to provide more value to clients. The acquisition of Atkins & Associates Insurance Agency, a long-established firm based in Greenville, S.C., complements Truliant Insurance’s capabilities in the Upstate markets and will bolster the credit union’s commercial and personal insurance line offerings. “This acquisition is an accelerant to Truliant’s efforts to offer comprehensive insurance solutions on a larger scale,” said Chad Frye, president of Truliances, the parent of Truliant Insurance. “It contributes to our growth […] - [Chartway Promise Foundation Grants Dreams and Shares Smiles at the Chartway Norfolk Harbor Half Marathon Weekend](https://thecreditunionconnection.com/chartway-promise-foundation-grants-dreams-and-shares-smiles-at-the-chartway-norfolk-harbor-half-marathon-weekend/): Sold-out race brings thousands of runners to downtown Norfolk, creates awareness for medically fragile children The 11th annual Chartway Norfolk Harbor Half Marathon Weekend drew thousands of runners to downtown Norfolk and highlighted the power of community with efforts to support medically fragile children and local families. Chartway Credit Union, the title sponsor of the event, partnered with J&A Racing to host a meaningful weekend focused on giving back. Through the Chartway Promise Foundation—the charitable arm of Chartway Credit Union—the event raised funds and awareness, while granting dreams to two Promise Heroes in collaboration with Toby’s Dream Foundation, and provided […] - [Valley Strong Credit Union Partners with Greenlight to Empower Parents to Raise Financially Smart Kids](https://thecreditunionconnection.com/valley-strong-credit-union-partners-with-greenlight-to-empower-parents-to-raise-financially-smart-kids/): Greenlight’s award-winning family finance tools will be available for free* in the Valley Strong Credit Union mobile app Valley Strong Credit Union today announced a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”), the leading fintech company on a mission to help parents raise financially smart kids. Through the Greenlight for Credit Unions program, Valley Strong members will have free access to Greenlight’s award-winning debit card and financial literacy tools, bringing parents a better way to manage family finances and teach their kids about money. Valley Strong is the first credit union to offer Greenlight through an embedded mobile app experience, leveraging Greenlight’s new software development kit. […] - [Park Community Credit Union Delivers Thanksgiving Meals to 155 Families](https://thecreditunionconnection.com/park-community-credit-union-delivers-thanksgiving-meals-to-155-families/): Park Community Credit Union has joined efforts with employees, members, and the community to collect items and donations to hand deliver 155 Thanksgiving meal kits to local families in need. This collective effort to battle food insecurity is called Parksgiving, because it is a united focus of us all to empower our underserved communities. “The ability for families to cook a Thanksgiving meal in their own home and enjoy the time together is a luxury often taken for granted by many.” Shares Jana Erny, President/CEO of Park Community, “Unfortunately, in some of our most marginalized communities, a Thanksgiving meal is […] - [President Zelenskyy Signs Amendments to Ukraine’s Law on Credit Unions](https://thecreditunionconnection.com/president-zelenskyy-signs-amendments-to-ukraines-law-on-credit-unions/): WOCCU advocacy efforts result in changes that streamline licensing for credit union payment services, expand foreign currency funding options for united credit unions Months of advocacy efforts by the United States Agency for International Development (USAID) and World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) and GROW Projects in Ukraine, and WOCCU’s two Ukrainian member credit union associations, resulted in President Volodymyr Zelenskyy signing amendments to Ukraine’s Law on Credit Unions that eliminate the need for credit unions to obtain a separate license to provide payment services and allow united credit unions to raise funds in foreign […] - [LBS Financial Credit Union Donates School Supplies and Classroom Items to Three Local Schools](https://thecreditunionconnection.com/lbs-financial-credit-union-donates-school-supplies-and-classroom-items-to-three-local-schools/): LBS Financial Credit Union delivered thousands of school supplies and wish list items to three local schools in Long Beach, Bellflower, and Cerritos as part of their annual Adopt a School Program. LBS Financial adopts a different school in ABC Unified School District, Bellflower Unified School District, and Long Beach Unified School District every year and partners with the principals to receive a wish list of items needed for students and classrooms. This year, the Credit Union adopted Tracy Infant Center in ABC Unified School District, Woodruff Elementary in Bellflower Unified School District, and Oropeza Elementary in Long Beach Unified […] - [evolve FCU | Branching into Las Cruces, New Mexico](https://thecreditunionconnection.com/evolve-fcu-branching-into-las-cruces-new-mexico/): evolve FCU is changing the game when it comes to credit unions. The credit union has announced the opening of their new micro branch located in Las Cruces, NM. evolve Federal Credit Union first established its presence in the New Mexico area in 2022 with all digital services. With their first physical location, the micro branch will provide easy and quick access for members to conduct transactions on their robust teller machines that operate just like a personal teller. Members can make auto and personal loan payments, cash withdrawals in $1, $5, $10, $20, $50, $100, transfer between evolve accounts […] - [Small and Mid-Size Credit Unions: Don’t Be Afraid to Ask for Help!](https://thecreditunionconnection.com/small-and-mid-size-credit-unions-dont-be-afraid-to-ask-for-help/): Small and mid-size credit unions don’t always have it easy, and that can especially be the case when a surprise comes up. This makes it all the more important for smaller credit unions to have a plan in case anything comes up, from succession planning to strategic planning. Project management is another area that can be stressful for credit unions that don’t have a plan in place or the right expertise to help ensure everything runs smoothly. Sometimes, what a credit union needs in these situations is a little outside help. Host and Co-founder of The Credit Union Connection Sarah […] - [SECU Foundation Awards $1 Million to TROSA for Expansion of Durham Campus](https://thecreditunionconnection.com/secu-foundation-awards-1-million-to-trosa-for-expansion-of-durham-campus/): SECU Foundation continues its support for the non-profit TROSA (Triangle Residential Options for Substance Abusers, Inc.) with a $1 million capital grant to support the expansion of its Durham campus that will provide an additional 90 licensed treatment beds and 17 new rooms for therapy and education.  Since opening in 1994, TROSA has served thousands of people seeking treatment from substance use disorders, and in fiscal year 2022-23, it provided no-cost services to individuals from 85 of 100 North Carolina counties. SECU Foundation previously supported the non-profit with interest-free construction loans through the North Carolina Housing Finance Agency, and a […] - [American Heritage Credit Union Receives Financial Literacy & Education Award from Mastercard](https://thecreditunionconnection.com/american-heritage-credit-union-receives-financial-literacy-amp-education-award-from-mastercard/): American Heritage Credit Union (“American Heritage”) has received the 2024 Mastercard Community Institution Segment Award for Financial Literacy & Education, recognizing its contributions in these areas amongst its membership and the local community. American Heritage was one of the select financial institutions that partners with Mastercard to be recognized in their fifth annual Community Institution Segment Awards. Mastercard developed this program to “highlight the best and brightest financial institutions and the incredible impact they have on their local communities.” The Financial Literacy & Education Award is given to a financial institution that continuously strives to educate its local communities on […] - [DCUC Provides Live Testimony During NCUA FY2025 Budget Briefing](https://thecreditunionconnection.com/dcuc-provides-live-testimony-during-ncua-fy2025-budget-briefing/): Today, the Defense Credit Union Council, (DCUC), gave its first live testimony during the National Credit Union Administration’s, (NCUA), FY 2025 proposed budget public briefing. DCUC expressed its appreciation for the opportunity to contribute to the budget process, emphasizing its commitment to fostering a strong, independent, and efficient regulatory framework that ensures the safety and soundness of credit unions. Jason Stverak appeared on behalf of DCUC, highlighting its concerns about the proposed $433 million budget—a 12% increase from FY 2024—which includes 14 additional staff positions and a $25.9 million rise in contracted services funding. While acknowledging the need for some […] - [League of Southeastern Credit Unions & Affiliates and Virginia Credit Union League Members Approve Powerful New Alliance](https://thecreditunionconnection.com/league-of-southeastern-credit-unions-amp-affiliates-and-virginia-credit-union-league-members-approve-powerful-new-alliance/): On Thursday, November 21, members of the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) and the Virginia Credit Union League (VACUL) voted in favor of consolidation, a strategic move designed to amplify the reach and impact of the credit union industry across Alabama, Florida, Georgia, and Virginia. This landmark decision, following months of thoughtful exploration and deliberate feedback from member credit unions, sets in motion a partnership that will expand both advocacy and service offerings.  On January 1, 2025, both associations, foundations, and service corporations will be formally integrated, with LSCU President Samantha Beeler leading the new […] - [Credit Unions Announce New Hires, Promotions, and CU Employees Recognized For Service and Achievements](https://thecreditunionconnection.com/credit-unions-announce-new-hires-promotions-and-cu-employees-recognized-for-service-and-achievements/): Several credit unions, including GTE Financial and Floridacentral Credit Union, announced changes to their leadership, and a few credit unions, including Eglin Federal Credit Union, recognized their employees for their service and achievements over the years. New Hires Floridacentral Credit Union is pleased to announce Brad Babin as the credit union’s new Senior Vice President of IT, Chief Information Officer. Brad has over 25 years of Information Technology experience and has worked in the financial sector for 16 of those years. He has worked at financial institutions of all sizes from 125 million in assets to over 6 billion. He […] - [G20 Brazilian Presidency Supports WOCCU’s Position on Financial Inclusion](https://thecreditunionconnection.com/g20-brazilian-presidency-supports-woccus-position-on-financial-inclusion/): 2024 Leaders’ Declaration recognizes importance of sustainable, balanced and inclusive growth The G20 in its Brazil Leaders’ Declaration released this week recognized “the significant role of financial inclusion in improving financial wellbeing” and committed “to harness the potential of digital and emerging technologies to reduce inequalities”.   Those are positions World Council of Credit Unions (WOCCU) International Advocacy urged the G20 to take to enable credit unions and other financial cooperatives to provide underserved populations with greater access to financial products and services.   The G20 Brazilian Presidency released the Leaders’ Declaration at its Summit in Rio de Janeiro, which emphasized the […] - [Zest AI Ranked as a Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™](https://thecreditunionconnection.com/zest-ai-ranked-as-a-fastest-growing-company-in-north-america-on-the-2024-deloitte-technology-fast-500/): Attributes 368% Revenue Growth to Innovation in AI Lending Technology Zest AI today announced its ranking of 318 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Zest AI grew 368% during this period. \”Our extraordinary growth signals a pivotal shift in the financial industry\’s understanding of how AI can help them grow and impact their communities,\” said Mike de Vere, Zest AI CEO. \”This milestone is a testament to our team\’s dedication to developing AI technology that empowers financial […] - [MDT Outlines Top Trends for Credit Unions to Watch in 2025](https://thecreditunionconnection.com/mdt-outlines-top-trends-for-credit-unions-to-watch-in-2025/): Continued AI education and application, vendor management, security, business services and payments to be key areas of focus for credit unions next year Member Driven Technologies (MDT) today shared trends expected to most significantly impact the credit union community next year. More concrete education – and then action – around AI as the product ecosystem continues to explode. AI has been the major trend of 2024, and still there are challenges in the sense of understanding organizational policy on when and how AI can be successfully leveraged in an industry that is constantly exposed to sensitive member information. In 2025, […] - [Pocketnest Forges Strategic Alliance with CU WealthNext](https://thecreditunionconnection.com/pocketnest-forges-strategic-alliance-with-cu-wealthnext/): Fintech trailblazer partners with CUSO to ignite credit union innovation Pocketnest, the woman-founded financial wellness platform, announces its partnership with CU WealthNext, a credit union service organization (CUSO) holding company designed by and for credit union leaders to revolutionize engagement with the next generation of members. \”Our collaboration with Pocketnest is a perfect match, aligning our missions, values, and deep-rooted commitment to the credit union space,\” said Josh Herman, founder and CEO, CU WealthNext. \”Together, we\’re dedicated to empowering credit unions to innovate, evolve, and ultimately better serve the next generation of members through cutting-edge technology.\” CU WealthNext boasts a suite […] - [Spero Financial Launches New Digital Banking Solution from Lumin Digital](https://thecreditunionconnection.com/spero-financial-launches-new-digital-banking-solution-from-lumin-digital/): Spero Financial (\”Spero\”) today announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital. Having served its retail, business, and consumer members for over 20 years with a legacy banking provider, the transition to a digital banking platform reflects Spero\’s commitment to continually enhancing its members\’ banking experience and evolving with the latest industry standards and innovations. Now operating with Lumin\’s retail and business banking solutions, Spero now leverages new integrations and three brand themes: Retail, Business, and Teen. \”Banking in this digital age requires innovative new tools and services that will […] - [Number of CAMELS 4 & 5 Credit Unions Increase in Third Quarter](https://thecreditunionconnection.com/number-of-camels-4-amp-5-credit-unions-increase-in-third-quarter/): While the National Credit Union Share Insurance Fund remains healthy, the number of troubled credit unions is rising, according to the NCUA Board meeting reports today. “Overall, the Share Insurance Fund’s performance in the third quarter of 2024 was strong. Yet, we continue to find ourselves in a good news, bad news scenario,” Chairman Harper said. “Since December 2022 until today, the fund has experienced a nearly $1 billion increase. This change resulted in the fund’s total assets reaching nearly $22.6 billion. Adding to the financial strength of the fund, quarterly investment income has risen a healthy $12 million since […] - [MSUFCU Pays It Forward with Random Acts of Kindness](https://thecreditunionconnection.com/msufcu-pays-it-forward-with-random-acts-of-kindness/): Last week, Nov. 10-16, 2024, was one filled with random acts of kindness by MSU Federal Credit Union (MSUFCU). Pay It Forward has been an annual tradition focused on the Credit Union’s core value of giving back to the community. “Over the years, this celebration has evolved to meet the needs of the community,” said Arianna Ridderbusch, MSUFCU Vice President of Community Impact. “For 2024, we were excited to provide unique experiences for employees and community members at local establishments and events in all of our Michigan market areas.” Examples of the surprise-and-delight opportunities include: MSUFCU staff made and donated blankets […] - [Gesa Credit Union Joins Forces with Local Heroesfor Annual “Stock-the-Sock” Holiday Gift Drive](https://thecreditunionconnection.com/gesa-credit-union-joins-forces-with-local-heroesfor-annual-stock-the-sock-holiday-gift-drive/): Community members encouraged to donate online or at any Gesa branch Gesa is proud to announce it is partnering with local heroes across the Pacific Northwest for its annual Stock-the-Sock Holiday Gift Drive. Now through December 9, community members are invited to donate gifts through Gesa’s digital wish list on Elfster or by dropping off new, unused toys at any Gesa branch location. All donated gifts will be distributed to support the efforts of local hero groups, including firefighters, law enforcement, educators, healthcare workers, and veterans, as well as to various community organizations helping families and individuals in need this […] - [Addition Financial Credit Union and Community Partners Expand Pre-School Financial Literacy Program](https://thecreditunionconnection.com/addition-financial-credit-union-and-community-partners-expand-pre-school-financial-literacy-program/): Addition Financial Credit Union, Orange County Public Schools, The Early Learning Coalition of Orange County, and Junior Achievement announced this week that AdventHealth for Children is joining their partnership to help expand the ADDing FUNdamentals Financial Literacy Program. Seven new childcare centers and schools, including 11 new classrooms are being added to the unique financial literacy program for pre-school children. The program now serves more than 300 students through a total of 15 childcare centers/schools and 25 classrooms. The ADDing FUNdamentals program, launched as the first of its kind in Central Florida in 2023, has little learners practicing their financial […] - [Velera Expands Partnership with Keesler Federal Credit Union for Debit Card Processing](https://thecreditunionconnection.com/velera-expands-partnership-with-keesler-federal-credit-union-for-debit-card-processing/): Velera – formerly PSCU/Co-op Solutions, is pleased to announce its expanded partnership with Keesler Federal Credit Union(Keesler Federal) to provide debit card processing and support. Based in Mississippi, Keesler Federal is one of the largest credit unions in the Southeast, serving over 327,000 members across 41 branches and holding more than $4.1 billion in assets. Established in 1947, Keesler Federal was founded on a vision for unity and the common good, building a cooperative financial partnership that would pool funds for the benefit of all members. More than seven decades later, that guiding vision remains. During its search for an […] - [CU Strategic Planning Wins Technical Assistance Awards for 100% of its Credit Union Applicant](https://thecreditunionconnection.com/cu-strategic-planning-wins-technical-assistance-awards-for-100-of-its-credit-union-applicant/): Firm Guides 15 Credit Unions to Earn CDFI TA Awards All 15 credit unions that CU Strategic Planning helped apply for Technical Assistance Awards from the Community Development Financial Institutions (CDFI) Fund received the $300,000 maximum for the Technical Assistance Awards this year. CU Strategic Planning submitted 15 Technical Assistance applications for credit unions. The CDFI Fund provides TA awards through the CDFI Program and NACA Program to build the capacity of both emerging and currently Certified CDFIs to become certified and further expand their financing activities in low-income areas and to the historically disenfranchised. This direct technical assistance opportunity […] - [NCUA Board Approves Central Liquidity Facility Budget for 2025–2026](https://thecreditunionconnection.com/ncua-board-approves-central-liquidity-facility-budget-for-20252026/): The Board unanimously approved the 2025–2026 Central Liquidity Facility’s budget of $2,307,863 for 2025 and $2,448,263 for 2026. Read Number of CAMELS 4 & 5 Credit Unions Increase in Third Quarter, also from the NCUA Board meeting. “The CLF is a beneficial tool, and it should be part of any credit union’s liquidity risk management plans for a variety of contingencies, not merely during times of crises,” NCUA Chairman Todd M. Harper said. “Although it’s not required by our rules, having small and mid-sized credit unions with less than $250 million in assets join the CLF provides them access to […] - [Eglin Federal Credit Union Infuses $1.9 Million Into the Community Through Local Nonprofits](https://thecreditunionconnection.com/eglin-federal-credit-union-infuses-19-million-into-the-community-through-local-nonprofits/): Eglin Federal Credit Union is spreading holiday cheer by donating $1.9 million into the community through local nonprofits. Monetary donations were made to the Air Force Enlisted Village, Children in Crisis, Emerald Coast Fitness Foundation, Fisher House of the Emerald Coast, Fresh Start for Children and Families, Habitat for Humanity of Okaloosa County, Habitat for Humanity of Walton County, Okaloosa Public Schools Foundation, the Southeastern Credit Union Foundation and the United Way Emerald Coast. “Eglin Federal Credit Union is very excited to be able to make this investment in our community,” said President/CEO of Eglin Federal Credit Union Cathie Staton. […] - [Suncoast Credit Union’s Darlene Johnson Named One of 2024’s Most Powerful Women in Credit Unions by American Banker](https://thecreditunionconnection.com/suncoast-credit-unions-darlene-johnson-named-one-of-2024s-most-powerful-women-in-credit-unions-by-american-banker/): American Banker has once again named Darlene Johnson, Executive Vice President and Chief Strategy and Transformation Officer at Suncoast Credit Union, as one of 2024’s Most Powerful Women in Credit Unions. This recognition, awarded for the second consecutive year, underscores Johnson’s trailblazing leadership and her role in driving transformative change within the credit union industry. Johnson’s strategic vision and innovative approach have been instrumental in positioning Suncoast Credit Union as a leader in the credit union space. As the largest credit union in Florida, Suncoast serves over 1.2 million members through 79 branches, offering not just financial solutions but also […] - [New Survey from Landmark Credit Union Reveals Holiday Season Stressors](https://thecreditunionconnection.com/new-survey-from-landmark-credit-union-reveals-holiday-season-stressors/): More than half of survey respondents (54%) feel financial strain into the New Year* In anticipation of the holidays, Landmark Credit Union commissioned a survey to learn more about top holiday stressors, how Wisconsinites spend during the season and how shopping behaviors may lead to debt. It\’s no surprise that the holiday season can be expensive. Gifts, decorations, travel and parties add up quickly sometimes making it challenging to navigate the festivities debt free. In a recent survey of 400 Wisconsin residents, respondents primarily aligned with one of four shopping types:* Bargain hunters prioritize deals, discounts and sales – 40% Early […] - [Glia Ranked Number 333 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™](https://thecreditunionconnection.com/glia-ranked-number-333-fastest-growing-company-in-north-america-on-the-2024-deloitte-technology-fast-500/): Company demonstrates 351% revenue growth, underscoring commitment to continuous service innovation Glia today announced it has ranked 333 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 30th year. Glia grew 351% during this period, joining the list for the 5th year in a row. This dynamic growth is powered by Glia\’s Unified Interaction Management (UIM) technology that is reimagining how financial services companies interact with their customers in today\’s always-on, digital-first world. The UIM platform fully integrates phone and digital […] - [APCU/Center Parc Credit Union is the First to Launch BNPL in Georgia](https://thecreditunionconnection.com/apcucenter-parc-credit-union-is-the-first-to-launch-bnpl-in-georgia/): Members can now split their eligible debit card purchases to pay over time. APCU/Center Parc Credit Union announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. APCU/Center Parc is the first credit union to launch BNPL in Georgia. It has selected equipifi, a leading BNPL platform designed for financial institutions to power its solution. With this launch, APCU/Center Parc will extend personalized BNPL offers for members to split payments on eligible debit card transactions. APCU/Center Parc members will be able to view and accept pre-qualified BNPL offers in their digital banking experience. […] - [CFPB Finalizes Rule on Federal Oversight of Popular Digital Payment Apps](https://thecreditunionconnection.com/cfpb-finalizes-rule-on-federal-oversight-of-popular-digital-payment-apps-to-protect-personal-data-reduce-fraud-and-stop-illegal-debanking/): Final rule brings supervision to Big Tech and other widely used digital payment apps handling over 50 million transactions annually The Consumer Financial Protection Bureau (CFPB) today finalized a rule to supervise the largest nonbank companies offering digital funds transfer and payment wallet apps. The rule will help the CFPB to ensure that these companies – specifically those handling more than 50 million transactions per year – follow federal law just like large banks, credit unions, and other financial institutions already supervised by the CFPB. The CFPB estimates that the most widely used apps covered by the rule collectively process […] - [SECU’s Leigh Brady Named to 2024 Most Powerful Women in Credit Unions List by American Banker](https://thecreditunionconnection.com/secus-leigh-brady-named-to-2024-most-powerful-women-in-credit-unions-list-by-american-banker/): American Banker has named State Employees’ Credit Union(SECU) President and CEO Leigh Brady as one of the “Most Powerful Women in Credit Unions” for the second consecutive year. She sits atop the 2024 list. Issued annually, it recognizes women who are addressing the problems and opportunities that their organizations and members face while serving the credit union mission of shared services and connections to their communities. The recognition also expands upon American Banker’s mission of supporting, empowering, celebrating, and advancing women in the financial industry.  “These remarkable women are leading with resilience, innovation, and a steadfast commitment to their members […] - [Redstone Names Sam Sohi as New CFO](https://thecreditunionconnection.com/redstone-names-sam-sohi-as-new-cfo/): Redstone Federal Credit Union is pleased to welcome Samarpreet \”Sam\” Sohi as its new chief financial officer (CFO) and executive vice president (EVP). Sohi succeeds Wayne Sisco, Redstone’s current CFO and Senior EVP, who is set to retire in March of 2025 after a 38-year tenure. Sohi is a chartered financial analyst who brings more than 15 years of experience to Redstone. He joins the credit union from Keesler Federal Credit Union in Biloxi, MS, where he served as CFO. He has a proven track record in leading transformational change, developing internal talent, driving digital transformation, optimizing branch networks, managing […] - [Suncoast Credit Union Expands Partnership with Osceola Magic with New “Magic Buckets for the Community” Program](https://thecreditunionconnection.com/suncoast-credit-union-expands-partnership-with-osceola-magic-with-new-magic-buckets-for-the-community-program/): 10 Central Florida Nonprofits to Compete for Funds Throughout the Season Suncoast Credit Union announces the return of its \”Magic Buckets\” program with the Osceola Magic, rebranded this season as “Magic Bucks for the Community.” This season, 10 local nonprofits from Central Florida will participate in the program, with two nonprofits competing each month for votes to secure a portion of the funds. For every point scored by the Osceola Magic, Suncoast will donate $5 or $10 per point, depend- ing on the game schedule, up to $5,000 per month. Each month, two nonprofit organizations will engage the community in […] - [Alkami Unveils New Research on Business Banking Digital Maturity](https://thecreditunionconnection.com/alkami-unveils-new-research-on-business-banking-digital-maturity/): Survey reveals four segments of business banking digital maturity in financial institutions and key growth opportunities Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) in partnership with industry expert Jim Marous and the Emerald Research Group, announced today the release of a comprehensive new study on business digital maturity in banking. The study surveyed 150 digital decision makers operating in business banking solutions from banks and credit unions across the U.S., revealing distinct segments of business digital maturity based on how financial institutions leverage culture, strategy, and technology to drive results. \”The most digitally mature financial institutions in business banking are defined […] - [TowerCares Foundation Surpasses $3 Million in Donations, Grants and Scholarships to Help Military Heroes, Veterans and Children in Need](https://thecreditunionconnection.com/towercares-foundation-surpasses-3-million-in-donations-grants-and-scholarships-to-help-military-heroes-veteransand-children-in-need/): The TowerCares Foundation has provided over $3 million to help military families, Veterans, and children in need. Four special $25,000 donations to local TowerCares Community Heroes charity partners, along with the credit union’s innovative Pennies for Change program, helped push the Foundation over the $3 million mark in just under a decade. Dogs are known for their ability to provide emotional support, reduce stress, encourage physical activity, and foster social connections, which makes them invaluable in helping disabled Veterans through programs like Hero Dogs. Located in Brookeville, Maryland, Hero Dogs trains and provides service companion dogs for active military, Veterans, […] - [Financial Plus Credit Union Raises $25,000 for Local Cancer Patients](https://thecreditunionconnection.com/financial-plus-credit-union-raises-25000-for-local-cancer-patients/): Financial Plus Credit Union proudly raised $25,000.00 for Hurley Medical Center’s Breast Cancer Navigation Fund through a $10,000 partner donation, series of mini-fundraisers and employee donations. All proceeds will benefit local cancer patients via Hurley’s Breast Cancer Navigation Fund. On October 17th, 2024, Financial Plus and Hurley Medical Center partnered to host the 16th annual Pink Night Palooza at Flint’s historic Capitol Theatre. The main event featured a lively atmosphere with a bra- artistry fashion show and a live auction led by community leaders Sheriff Chris Swanson, Lisa Marie, and McKenzie Miller. Hurley Medical Center shared the event’s current grand […] - [DCUC Urges Congress to Make Central Liquidity Facility (CLF) Expansion Permanent](https://thecreditunionconnection.com/dcuc-urges-congress-to-make-central-liquidity-facility-clf-expansion-permanent/): Today, the Defense Credit Union Council, DCUC, sent a letter to Senate Democrat Leader, the Honorable Chuck Schumer; Senate Republican Leader, the Honorable John Thune; Speaker of the House, the Honorable Mike Johnson; and House Minority Leader, the Honorable Hakeem Jeffries, urging Congress to make the Central Liquidity Facility (CLF) expansion a standalone priority in any upcoming must-pass legislation. In the letter, DCUC emphasized the essential role the CLF plays as a liquidity backstop for credit unions, managed by the National Credit Union Administration (NCUA). The CLF has been a vital tool for credit unions during periods of financial stress, […] - [People’s Credit Union Receives National Recognitionfor \"Doing Well by Doing Good\"](https://thecreditunionconnection.com/peoples-credit-union-receives-national-recognitionfor-doing-well-by-doing-good/): Honored by MasterCard for Inaugural Day of Purpose People’s Credit Union has been awarded the “Doing Well by Doing Good” Award in the 5th annual Mastercard Community Institutions Segment Awards, created to highlight the best and brightest financial institutions and their impact on local communities. Twenty-two community institutions from across the country were nominated for the award and five winners were chosen. \”We are honored by MasterCard’s recognition of our Day of Purpose and the meaningful impact it had on our community,” said Sean Daly, Head of People’s Credit Union. “This award reflects our team\’s continued commitment to be a catalyst for positive change in the […] - [Bethpage Federal Credit Union Is Becoming FourLeaf](https://thecreditunionconnection.com/bethpage-federal-credit-union-is-becoming-fourleaf/): New Name and Branding Reflects Commitment to Members and Expanded Vision for the Future Bethpage Federal Credit Union is rebranding to become FourLeaf Federal Credit Union. The new name, FourLeaf, represents the credit union\’s commitment to growth, prosperity and abundance for its members and the communities it has served for the past 83 years. \”As we navigate an ever-evolving landscape, we recognize the importance of adapting to meet the changing needs of our members and our markets and exploring new ways to grow and expand,\” said Linda Armyn, President and CEO. \”I\’m thrilled to lead Bethpage into our next chapter as […] - [Happy Money Shares Lending Trends to Watch in 2025](https://thecreditunionconnection.com/happy-money-shares-lending-trends-to-watch-in-2025/): Rate cuts, balance sheet diversification and consumer deleveraging will shape the lending landscape next year High interest rates, staggering consumer debt and technological advancements shaped a complex lending landscape this year. Happy Money, a leading consumer finance company, has outlined key trends expected to impact the lending industry in the year ahead. The big takeaway: Financial institutions and lenders will be looking to put their capital to work in ways that diversify their balance sheets while helping consumers reach their financial goals. Lending strategies will solidify following Fed rate cuts. With two rate cuts so far this fall, the Fed has […] - [NCUA Chairman Harper Testifies Before the U.S. House Committee on Financial Services](https://thecreditunionconnection.com/ncua-chairman-harper-testifies-before-the-us-house-committee-on-financial-services-1/): National Credit Union Administration Chairman Todd M. Harper and other financial regulatory agency principals testified today at a hearing before the U.S. House Committee on Financial Services. Chairman Harper provided the Committee with an overview of the current state of the credit union system; the NCUA’s efforts to maintain its safety and soundness, protect the consumers who use credit unions, and advance economic opportunity; the NCUA’s response to Hurricanes Helene and Milton; and several of the NCUA’s legislative requests, including the restoration of third-party vendor oversight. Additionally, Chairman Harper provided the Committee with an overview of the performance of the […] - [68% of FI Users Do Not Feel Known by Their Primary Financial Institution](https://thecreditunionconnection.com/68-of-fi-users-do-not-feel-known-by-their-primary-financial-institution/): Survey explores how Americans perceive and engage with their primary financial institutions White Clay, a fintech that guides financial institutions to build deeper and more profitable relationships, shared results from its latest survey conducted online by The Harris Poll. Nearly 2,000 U.S. adults who use financial institutions (FI users) were surveyed about their relationships with their primary financial institutions. Key findings from the survey include: Roughly two-thirds of FI users (68%) do not feel truly known by their primary financial institution, with almost a third (31%) feeling like just another account number. Users of national and online-only banks are more […] - [Underground Thriller Coverage: The Difference Between the ‘Do’s’ and the ‘Dies’ in Credit Unions](https://thecreditunionconnection.com/underground-thriller-coverage-the-difference-between-the-dos-and-the-dies-in-credit-unions/): Is it really a do-or-die moment for credit unions? Potentially, but it doesn’t have to be, according to four people who offered differing perspectives on that question and how to respond. Their viewpoints were shared during a panel session at Mitchell Stankovic’s Underground Thriller event in Las Vegas, which was held in conjunction with the Money 20/20 conference. Participating as panelists were Andrew Morris, global director with SEON; Asha Connors, chief services officer with Trellance, and Steve Castagna, chief revenue officer with AKUVO. Stephen Bohanon, chief strategy officer with Alkami, served as moderator. Going, Going… Bohannon said credit unions need […] - [TTCU Federal Credit Union Celebrates 90 Years](https://thecreditunionconnection.com/ttcu-federal-credit-union-celebrates-90-years/): On November 20, TTCU Federal Credit Union celebrates 90 years of serving members. TTCU was founded in 1934 by a group of local educators, coming together to support each other with much needed loans and financial assistance. Linnie B. Wilson, TTCU’s first President, kept the first deposits in a cigar box, in her classroom desk drawer. Members of the credit union could do transactions during her planning period. From those humble beginnings, TTCU has grown into a $2.6 billion institution with 21 branches across Oklahoma, serving more than 160,000 members. “We are still very proud of our heritage of serving […] - [Discovery Federal Credit Union Hosts Coat Drive to Support Pennsylvania Adult & Teen Challenge and Naaman](https://thecreditunionconnection.com/discovery-federal-credit-union-hosts-coat-drive-to-support-pennsylvania-adult-amp-teen-challenge-and-naaman/): Discovery Federal Credit Union is proud to announce a successful coat drive in support of Pennsylvania Adult & Teen Challenge (PAATC) and Naaman, organizations dedicated to providing comprehensive substance use disorder treatment programs. The drive aimed to collect warm coats to help clients of these programs stay comfortable during their recovery journey, many of whom arrive at the facilities with few or no personal belongings. The coats collected will support individuals at PAATC’s campuses in Rehrersburg, PA, and Western Pennsylvania, where the programs are known for their highly regarded residential treatment services. Rosemarie Sullivan Sandman, Advancement Coordinator of PAATC, expressed […] - [North Island Credit Union Foundation Provides $5,000 in Teacher Grants To Benefit Educators & Students](https://thecreditunionconnection.com/north-island-credit-union-foundation-provides-5000-in-teacher-grants-to-benefit-educators-amp-students-1/): Conducting a geometry-based city planning project, creating a lending library, expanding a school garden and starting a school community mosaic project are just some of the school projects receiving funding from North Island Credit Union Foundation through its Fall 2024 Teacher Grant program. As part of its commitment to help educators create innovative learning opportunities for their students, the Foundation has provided 10 grants of $500 each to underwrite class projects in San Diego and Riverside counties. The grants will fund a diverse range of programs illustrating the creativity and commitment teachers bring to their classrooms and communities. \”We congratulate […] - [DCUC Urges US House Leaders to Oppose Inclusion of CCCA in FY2025 NDAA](https://thecreditunionconnection.com/dcuc-urges-us-house-leaders-to-oppose-inclusion-of-ccca-in-fy2025-ndaa/): Today, the Defense Credit Union Council, (DCUC), sent a letter to the Honorable Mike Johnson, Speaker of the House, and the Honorable Hakeem Jeffries, House Minority Leader. The letter urged the U.S. House of Representatives to exclude the Credit Card Competition Act (CCCA) from any version of the National Defense Authorization Act (NDAA). Jason Stverak, Chief Advocacy Officer for DCUC, states, “The CCCA poses significant risks to military servicemembers, veterans, and their families by undermining the critical support defense credit unions provide.” In the letter, DCUC highlighted several key points as to its opposition of the CCCA and the risks […] - [UFirst Credit Union Prioritizes Youth Financial Literacy with Tailored Accounts for Teens and Kids](https://thecreditunionconnection.com/ufirst-credit-union-prioritizes-youth-financial-literacy-with-tailored-accounts-for-teens-and-kids/): UFirst Credit Union empowers teens with financial literacy programs and specialized accounts to build strong financial habits for a secure future. UFirst Credit Union continues its focus on empowering the next generation through comprehensive financial literacy programs and specialized accounts designed specifically for teens and youth. UFirst is committed to providing young members with the knowledge and tools they need to develop strong financial habits that will benefit them throughout their lives. UFirst offers a variety of accounts crafted for young people at every stage of their financial journey. From savings accounts for kids to checking accounts for teens, UFirst […] - [Q2 Announces Enhanced Partnership with Larky to Deliver Personalized Marketing Experiences](https://thecreditunionconnection.com/q2-announces-enhanced-partnership-with-larky-to-deliver-personalized-marketing-experiences/): The Larky nudge® platform enables Q2 Mobile Banking clients to proactively engage account holders through tailored push notification messages Q2 Holdings Inc., a leading provider of digital transformation solutions for financial services, today announced that it has executed a strategic reseller partnership with Larky. Larky offers consumer engagement technology, empowering financial institutions to proactively connect with their audience to drive meaningful results and engagement. This strategic partnership will enable financial institutions to communicate with account holders using uniquely tailored push notifications that seamlessly incorporate geolocation capabilities to ensure timely and relevant outreach. Larky’s nudge® solution, which has been integrated into […] - [California Credit Union Foundation Provides $5,000 in Teacher GrantsTo Benefit Educators & Students](https://thecreditunionconnection.com/california-credit-union-foundation-provides-5000-in-teacher-grantsto-benefit-educators-amp-students-1/): Starting an after-school computer science club, conducting plastic decomposition experiments, creating comic books and developing art therapy projects are just some of the school projects receiving funding from California Credit Union Foundation through its Fall 2024 Teacher Grant program. As part of its commitment to help educators create innovative learning opportunities for their students, the Foundation has provided 10 grants of $500 each to underwrite class projects in Los Angeles and Orange counties. The grants will fund a diverse range of programs illustrating the creativity and commitment teachers bring to their classrooms and communities. “We congratulate these inspiring teachers and […] - [RCU Foundation Announces $400,000 Gift to UW-Eau Claire Foundation](https://thecreditunionconnection.com/rcu-foundation-announces-400000-gift-to-uw-eau-claire-foundation/): The RCU Foundation made a $400,000 gift to the UW-Eau Claire Foundation to support the development of Simpson Field. This contribution will help fund the renovation of the field, which will now feature bleachers and a press box. “This gift played a significant role in making Phase II of the Simpson Field project a reality,” said Julia Diggins, Vice President and Chief Development Officer of the UW-Eau Claire Foundation. “Now with bleachers and a press box, we are able to host more events on campus, enhancing the experience of all students at UW-Eau Claire.” “The RCU Foundation recognizes that having […] - [Grants of up to $15,000 Available to Low-Income Credit Unions Hit by Hurricanes](https://thecreditunionconnection.com/grants-of-up-to-15000-available-to-low-income-credit-unions-hit-by-hurricanes/): Low-income credit unions in Florida and Georgia hit by both Hurricanes Helene and Milton can get urgent need grants of up to $15,000 from the National Credit Union Administration. Credit unions must submit their applications to the NCUA’s Office of Credit Union Resources and Expansion by January 31, 2025, describing the impact both hurricanes had on their operations. Credit unions hit by one of the hurricanes remain eligible for urgent need grants of up to $7,500. Urgent need grants cover expenses that are not reimbursable under insurance policies. Grant funds can be used to repair or replace credit union office […] - [Family Trust Federal Credit Union Recognized for Financial Literacy Initiatives](https://thecreditunionconnection.com/family-trust-federal-credit-union-recognized-for-financial-literacy-initiatives/): Awarded the Carolinas Credit Union Foundation’s Alphonse Desjardins Adult Financial Education Award A recognition of its leadership’s commitment to financial literacy for all, Family Trust Federal Credit Union (Family Trust) was recently awarded the Carolinas Credit Union Foundation’s Alphonse Desjardins Adult Financial Education Award. An application-based nomination through America\’s Credit Unions’ state-level award programs (formerly the Credit Union National Association), the Financial Education Award emphasizes the importance of economic understanding for credit union members and nonmembers. “At Family Trust, we believe in people helping people,” said Ryan Harvey, president and CEO of Family Trust. “That includes everyone in the communities we […] - [Aggieland Credit Union Finances $53,000in Texas A&M Student-run Entrepreneurial Ventures](https://thecreditunionconnection.com/aggieland-credit-union-finances-53000in-texas-aampm-student-run-entrepreneurial-ventures/): Aggieland Credit Union funded $53,000 in short-term business loans for 12 student teams participating in the 2024 Texas A&M Mays Business School Integrated Business Experience (IBE). Now in its ninth year, this is the first time IBE enterprises were able to use the intellectual property of Texas A&M University, including the logo, school emblem, mascot, slogans, buildings, landmarks, and more in their product design. This allowed the students more creative license to develop products with greater appeal to Aggie fans. Some of the products that caught the attention of Aggieland Credit Union judges are Build-a-Rev, a LEGO brick model of Texas […] - [PenAir’s Snack Stock Collection Helps Area Cancer Center Comfort Patients](https://thecreditunionconnection.com/penairs-snack-stock-collection-helps-area-cancer-center-comfort-patients/): PenAir Credit Union (PenAir) team members delivered over 3,600 snack items on Wednesday, November 13, to Ascension Sacred Heart Cancer Center in Pensacola, successfully wrapping up PenAir\’s second annual Snack Stock initiative. These donations, collected throughout the month of October, will provide comfort and nourishment to cancer patients and their families during treatment and appointments. During the drive, PenAir’s branches served as collection sites, inviting community members and employees to donate single-serving packaged items such as chips, pretzels, popcorn, cookies, and protein bars. These snacks will keep the cancer center’s snack cabinet stocked for a short time, ensuring patients have easy […] - [GLCU Wins Silver 2024 MAC Award for Leaders Network Branch PR Campaign](https://thecreditunionconnection.com/glcu-wins-silver-2024-mac-award-for-leaders-network-branch-pr-campaign/): Great Lakes Credit Union (GLCU) is proud to announce that it won a Silver 2024 MAC award in the Image Enhancement/Public Relations category for its campaign promoting the opening of its new Leaders Network Financial branch in the Austin neighborhood on Chicago’s West Side. The MAC awards recognize the most impactful and creative credit union marketing projects and campaigns across the nation. This year\’s ceremony, held at the annual MAC Conference, celebrated the power of innovative marketing in credit union success. A panel of judges evaluated a record-breaking 447 entries from over 100 different credit unions, selecting winners based on […] - [The Velera Payments Index: November 2024](https://thecreditunionconnection.com/the-velera-payments-index-november-2024/): Today, Velera – formerly PSCU/Co-op Solutions, published the November edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. Since our last Payments Index update, the U.S. presidential election concluded Nov. 5 with a decisive winner, the Federal Reserve cut interest rates by a quarter-percent on Nov. 7 and the 2024 holiday shopping season officially kicked off with the start-of-season sales in early October. Growth in consumer card spending improved in October, with increases for both debit and credit, […] - [SWBC Launches Preferred Collect™ with FICO®](https://thecreditunionconnection.com/swbc-launches-preferred-collect-with-fico/): The service allows credit union borrowers to resolve past-due loan payments hassle-free SWBC is proud to announce its enhanced relationship with FICO® by introducing a comprehensive managed collections service integrated with FICO\’s omnichannel customer communication capabilities. This marks a significant milestone in revolutionizing debt management solutions and enhancing borrower experiences. The newly rebranded service, now known as Preferred Collect™, is an innovative, white-labeled solution that allows borrowers to resolve past-due loan payments easily and conveniently through digital communication, empowering clients with seamless communication across multiple channels. The integrated software offers three distinct options tailored to meet clients\’ diverse needs while […] - [Sound Credit Union Expands Partnership with Candescent to Drive Growth and Innovation](https://thecreditunionconnection.com/sound-credit-union-expands-partnership-with-candescent-to-drive-growth-and-innovation/): Credit union embraces Candescent’s leading credit score, continuous verification and account opening, onboarding features Candescent announced an expanded relationship with $3 billion-asset Sound Credit Union (Sound), accelerating its digital banking transformation to support ongoing growth. Sound Credit Union, headquartered in Tacoma, Washington, is committed to providing its 175,000 members with financial products and services they need to manage their finances with confidence. Over the next several years, the credit union has ambitious growth objectives, dedicated to expanding their reach and impact across the communities they serve. To help enable this scale, Sound has broadened its partnership with Candescent, adding digital account […] - [Bancography Updates Bancography Plan With Added Functionality ](https://thecreditunionconnection.com/bancography-updates-bancography-plan-with-added-functionalitynbsp/): Bancography, a financial services consulting firm, today announced new features and functionality have been added to Bancography Plan, a market analysis and branch planning software that empowers bankers to forecast profitability and evaluate the performance of new and existing branches. This version includes the latest competitive data from the FDIC and NCUA, as of June 2024.   President of Bancography Steve Reider shared, “We have an unwavering commitment to our clients and future prospects to offer the most accurate and up-to-date demographic statistics, competitive data and product demand estimates. Bancography Plan was developed so that banks and credit unions can make […] - [DCUC and Randolph-Brooks Federal Credit Union Cohost Successful Texas Sub-Council Luncheon](https://thecreditunionconnection.com/dcuc-and-randolph-brooks-federal-credit-union-cohost-successful-texas-sub-council-luncheon/): On November 13, 2024, the Defense Credit Union Council, DCUC, and Randolph-Brooks Federal Credit Union, RBFCU, cohosted a successful DCUC Texas Sub- Council luncheon at RBFCU Headquarters in Live Oak, Texas. The luncheon offered a new opportunity for credit union leaders and executives within the Texas region to gather and discuss issues and priorities that directly impact their success in serving their members’ financial needs, especially military and veteran communities. The lunch began with an advocacy update provided by Anthony Hernandez, DCUC President/CEO, where Hernandez discussed the current atmosphere within Washington, DCUC’s recent advocacy efforts on behalf of its member […] - [Four Points FCU Selects Mahalo Banking to Upgrade Digital Capabilities, Improve Member Self-Service](https://thecreditunionconnection.com/four-points-fcu-selects-mahalo-banking-to-upgrade-digital-capabilities-improve-member-self-service/): Digital banking solution will offer modern functionalities and competitive member experience Mahalo Banking today announced its new partnership with Omaha, Neb.-based Four Points Federal Credit Union (‘Four Points’). The credit union selected Mahalo’s online and mobile banking solution to support its upcoming core conversion to Corelation Keystone, upgrade its digital banking features and advance member service capabilities. After a thorough assessment of digital banking providers, Four Points selected Mahalo’s platform for its capacity to streamline processes and boost operational efficiency. Mahalo’s seamless integration with Corelation’s Keystone served as a pivotal factor in this decision, providing the credit union with the […] - [Leading Credit Unions Fund ModernFi CUSO to Drive Deposit Growth via the First Credit Union Deposit Network](https://thecreditunionconnection.com/leading-credit-unions-fund-modernfi-cuso-to-drive-deposit-growth-via-the-first-credit-union-deposit-network/): Strategic credit union partners ABNB, Ascend, Corporate One, Georgia\’s Own, ICCU, IH Mississippi Valley, Royal, SAFE, Service, and Suncoast join ModernFi CUSO to accelerate the growth of foundational deposit infrastructure for the credit union ecosystem. ModernFi CUSO, the preeminent solution for credit union deposit and member growth, is proud to announce the close of its latest funding with new investment from leading credit unions ABNB, Ascend, Corporate One, Georgia\’s Own, ICCU, IH Mississippi Valley, Royal, SAFE, Service, and Suncoast. This funding follows previous backing from strategic credit union partners Curql Collective and Members Development Company (MDC) along with existing investors […] - [BluPeak Credit Union Launches Innovative BNPL Solution, First in San Diego](https://thecreditunionconnection.com/blupeak-credit-union-launches-innovative-bnpl-solution-first-in-san-diego/): Partnering with leading BNPL platform equipifi, BluPeak introduces FlexPay in time for holiday shopping to help members stretch their budget BluPeak Credit Union (BluPeak) is proud to announce an innovative Buy Now, Pay Later (BNPL) solution to its digital banking suite. This strategic move, the first credit union BNPL product for communities in San Diego, is made possible through a partnership with equipifi, a leading BNPL platform designed for financial institutions. With a launch in time for the holidays, BluPeak is anticipating its members\’ needs with an intuitive financing product to help manage higher expenses during the shopping season. FlexPay, […] - [Michigan State Athletics, MSUFCU Celebrate NIL Student-Athletes’ Accomplishments](https://thecreditunionconnection.com/michigan-state-athletics-msufcu-celebrate-nil-student-athletes-accomplishments/): Michigan State Athletics hosted its third annual EverGreen NIL Celebration presented by MSU Federal Credit Union (MSUFCU) in the Tom Izzo Hall of History at the Breslin Student Events Center. MSU is believed to be the only Power 4 institution in the country to celebrate the Name, Image, and Likeness achievements of its student-athletes. More than 100 student-athletes, coaches, staff, and vendors attended the event. “Through the hard work and dedication of our student-athletes to the NIL space, we have established ourselves as the industry leader,” said Darien Harris, MSU Assistant Athletics Director for Business Development and NIL Strategy. In […] - [Maximizing Loyalty Programs With Targeted Promotions](https://thecreditunionconnection.com/maximizing-loyalty-programs-with-targeted-promotions/): AmpliFI Promotions are a cornerstone of successful loyalty programs. For banks and credit unions, leveraging data to create relevant and timely engagements can enhance the consumer experience, foster emotional connections, and drive long-term loyalty. Today on the blog, we dive into how promotions are essential to loyalty program success.  Loyalty Promotions Build Emotional Connections Promotions significantly boost engagement in loyalty programs by fostering deeper emotional connections. Banks and credit unions can craft personalized promotions that resonate with individual preferences and behaviors. This personal touch creates a sense of exclusivity and belonging, which is crucial for building emotional bonds and driving […] - [Facilitate Targeting Your Credit Union’s Business Services With Data Intelligence](https://thecreditunionconnection.com/credit-union-business-lending-data-intelligence/): It’s not only individual members who can make the most of what credit unions have to offer; small- and mid-size businesses can as well! More than 2,000 credit unions are offering business loans now, according to Curt Long, head of emerging issues and deputy chief economist at America’s Credit Unions. That is up 20% from 10 years ago! Fast growth inside the credit unions offering business lending, according to Long. Whereas just 8% of credit unions held business lending as more than 5% of their loan portfolio a decade ago, today, the number of credit unions with more than 5% […] - [SELCO Community Credit Union Awards Nearly $82,000 In Creative Educator Grants To 44 Educators Across Oregon](https://thecreditunionconnection.com/selco-community-credit-union-awards-nearly-82000-in-creative-educator-grants-to-44-educators-across-oregon/): Applications soar for SELCO’s significantly expanded program, which now awards individual grants of as much as $2,500 each to K-12 educators SELCO Community Credit Union has awarded nearly $82,000 in funding to 44 educators representing schools from across Oregon as part of SELCO’s vastly expanded Creative Educator Grants program.  Creative Educator Grants are designed for K-12 educators with creative classroom ideas who need more funding to get those projects off the ground. Thanks to SELCO’s Steps Up initiative launched earlier this year, the grant program received a significant boost for 2024. Formerly known as SPARK! Creative Learning Grants, Creative Educator Grants have increased […] - [Municipal Credit Union Awarded Nationally Acclaimed Great Place to Work® Certification™](https://thecreditunionconnection.com/bbb815tg87xz2eqla42bu0mgvmd24d/): Municipal Credit Union (MCU) has been recognized as a Great Place to Work®. Great Place to Work® is the global standard to measure workplace culture, employee experience and leadership behaviors. Enterprises around the world are identified for consistently creating a workplace where people feel valued and engaged. The certification is the only one of its kind to primarily rely on employee feedback, delivering a uniquely transparent lens into an organization\’s work environment. Based on best-in-class data received directly from an organization\’s employees, the highly-coveted certification underscores each company\’s strong commitment to providing a welcoming workplace that provides growth opportunities for […] - [FINBOA Honored as \'Banking Tech of the Year\' for Game-Changing Payment Disputes Solution](https://thecreditunionconnection.com/finboa-honored-as-banking-tech-of-the-year-for-game-changing-payment-disputes-solution/): FINBOA Inc. announces the selection of  FINBOA Payment Disputes, as the Banking Tech of the Year winner at the US FinTech Awards 2024. This award recognizes the impact of FINBOA\’s innovative software to digitize and transform back-office operations, regulatory compliance processing, and the customer experience for banks and credit unions across the country. The award celebrates FINBOA\’s ongoing commitment to empowering financial institutions with impactful automation solutions. FINBOA Payment Disputes streamlines and simplifies the time-intensive operational tasks involved in electronic payment dispute processing resulting in reducing cost, operational risk and non-compliance, while allowing banking staff to focus on higher-value, customer-focused […] - [SchoolsFirst Federal Credit Union Announces Application Timeline for Member Education Award Scholarships](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-announces-application-timeline-for-member-education-award-scholarships/): SchoolsFirst Federal Credit Union announced that applications for its annual Member Education Award scholarships will be accepted beginning Dec. 1. Applications will close on Jan. 31, 2025, and winners will be announced in the spring. SchoolsFirst FCU presents scholarships each year to eligible high school graduating seniors, college freshmen and college sophomores, allowing them to purchase books, pay for tuition, or cover other educational expenses. Launched in 2000, the scholarship program was established to improve the lives of SchoolsFirst FCU Members and invest in their long-term success. In 2023, SchoolsFirst FCU awarded more than $199,000 in college scholarships to 245 students. Scholarships […] - [Union Credit Named LendTech of the Year at 2024 US FinTech Awards](https://thecreditunionconnection.com/union-credit-named-lendtech-of-the-year-at-2024-us-fintech-awards/): Fintech startup recognized for embedded marketplace helping community financial institutions improve loan acquisition and member growth Union Credit announced it has been named LendTech of the Year at the 2024 US FinTech Awards, presented by FinTech Intel. These awards recognize outstanding innovation and leadership across the U.S. financial technology landscape. Union Credit is recognized for its embeddable, plug-and-play loan marketplace, which transforms lending into a powerful acquisition tool. The platform enables community financial institutions to seamlessly integrate their competitive loan offers at the point of sale on trusted digital platforms and merchant websites; consumers can select a pre-approved offer that […] - [Local Credit Union To Provide ‘Bite Of Reality’ To Stockdale High Students](https://thecreditunionconnection.com/local-credit-union-to-provide-bite-of-reality-to-stockdale-high-students/): Valley Strong Credit Union will be giving an estimated 200 Stockdale High School Seniors an opportunity to learn what it’s like to have financial responsibilities and live on a budget this Wednesday, November 20. The Bite of Reality program is a hands-on app-based simulation that appeals to teens while giving them a taste of real-world financial realities. Teens are given a fictional occupation, salary, credit score, spouse and a child, student loan debt, credit card debt, and medical insurance payments. The teens encounter various stations to “purchase” housing, transportation, food, clothing, childcare and other needs. Fortunately, the game also includes […] - [Purdue Federal Credit Union Named Best Credit Union In The Exponent’s Readers’ Choice Awards](https://thecreditunionconnection.com/purdue-federal-credit-union-named-best-credit-union-in-the-exponents-readers-choice-awards/): Purdue Federal Credit Union has been honored as the top choice in The Exponent\’s Readers\’ Choice Awards, winning 1st place in the Best Bank/Credit Union category for the fourth straight year. This accolade comes in a year marked by a record number of votes, underscoring the community\’s trust and appreciation for Purdue Federal\’s exceptional service and dedication around the Purdue University campus community. The Readers\’ Choice Awards are a testament to the preferences and opinions of the local community, celebrating businesses and organizations that excel in their respective fields. Purdue Federal\’s recognition reflects its unwavering commitment to providing outstanding financial […] - [Naveo Credit Union Announces Four Scholarship Opportunities For the 2025-2026 Academic Year](https://thecreditunionconnection.com/naveo-credit-union-announces-four-scholarship-opportunities-for-the-2025-2026-academic-year/): Naveo Credit Union announced it would offer four scholarships for the 2025-2026 academic year. Naveo is offering three scholarships of $1,500 each through the Carlos Faria & Victor Da Silva Memorial Scholarship Fund and one scholarship of $3,000 through the John C. Feitor Memorial Scholarship Fund. The Scholarships were announced in November to coincide with National Scholarship Month. Both scholarship programs are open to full-time students currently enrolled, accepted or awaiting acceptance to a college or university in an undergraduate or graduate degree program. To qualify, applicants or their parent/guardian must be or become a Naveo member by the submission […] - [Visions Federal Credit Union and NJ Small Business Development Center Host Inaugural Hispanic Biz Celebration at William Paterson University](https://thecreditunionconnection.com/visions-federal-credit-union-and-nj-small-business-development-center-host-inaugural-hispanic-biz-celebration-at-william-paterson-university/): Visions Federal Credit Union proudly partnered with the New Jersey Small Business Development Center (NJSBDC) at William Paterson University to present the inaugural Hispanic Biz Celebration, a vibrant event held at the Cotsakos College of Business. This inspiring gathering showcased the culture, entrepreneurship, and resilience of the Hispanic business community, with leaders from state, county, and city levels joining the celebration. The event brought together Hispanic entrepreneurs, community leaders, and government officials, creating an atmosphere charged with energy and unity. Designed to empower Hispanic-owned businesses, the Hispanic Biz Celebration offered insights, resources, and inspiration, all while honoring the cultural heritage […] - [Over 20,000 New Members Join the Credit Union Movement Via Union Credit’s Marketplace](https://thecreditunionconnection.com/over-20000-new-members-join-the-credit-union-movement-via-union-credits-marketplace/): Capital Credit Union and Municipal Credit Union among many lenders leveraging digital loan marketplace as member acquisition tool Union Credit, the only marketplace for credit unions to deliver firm pre-approved, one-click credit offers at the point of purchase, today announced the success and recognition of its platform a year after launch. As credit unions prioritize balancing portfolios and attracting new members, Union Credit’s platform has proven to be an effective member acquisition tool. In the past year, Union Credit has integrated over 50 credit unions into its marketplace, bringing in more than 20,000 new members to the credit union movement […] - [CommonWealth Central Credit Union Invests in the Future with Jack Henry](https://thecreditunionconnection.com/commonwealth-central-credit-union-invests-in-the-future-with-jack-henry/): Jack Henry\’s open approach, commitment to research and development position credit union for growth Jack Henry™ (Nasdaq: JKHY) announced today that CommonWealth Central Credit Union (CommonWealth) selected Jack Henry to modernize its technology infrastructure and support future growth. Founded in a garage in 1958, CommonWealth\’s mission is to help its members enhance their financial well-being. Over 65 years, it evolved from a small credit union with 10 members and $104 in assets into a full-service financial institution with $632 million in assets, serving nearly 40,000 members across four branch locations. The credit union\’s success is attributed to a strong belief […] - [LSCU & Affiliates Celebrates 2024 INSPIRE Award Winners](https://thecreditunionconnection.com/lscu-amp-affiliates-celebrates-2024-inspire-award-winners/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) recently celebrated the winners of the 2024 INSPIRE Awards, presented during the second annual INSPIRE Conference, held November 13 – 15, in Tampa, Florida. This event, in conjunction with the Carolinas Credit Union League and the Global Women\’s Leadership Network (GWLN), brought together credit union leaders, advocates, and supporters to celebrate the role of women in the credit union movement. The INSPIRE Awards recognizes exceptional individuals who have made significant contributions to the advancement of the credit union movement and their communities. This year, LSCU & Affiliates is proud […] - [Leveraging Alternative Data for Smarter Lending and Top-of-Wallet Status](https://thecreditunionconnection.com/leveraging-alternative-data-for-smarter-lending-and-top-of-wallet-status/): Alison Heller, Sales Director, Equifax Workforce Solutions In 2023, 32% of payments made by U.S. consumers were made with credit cards, marking a 14% increase over a seven-year period. This rise in credit card usage among U.S. consumers may be attributed to a combination of factors such as inflation, higher interest rates and the adoption of contactless payments. Given the state of the credit card landscape, credit unions must adapt their lending practices to serve an expanding pool of credit card users in a risk-responsible way. Layering alternative data like utility, telco and specialty finance data enables credit unions to […] - [Branching that Blends Design and Functionality for the Future](https://thecreditunionconnection.com/credit-union-branching-momentum/): The role of the credit union branch has been experiencing massive changes. Big banks are mostly pulling back on branching as they continue to improve their technology. In contrast, credit unions and community banks continue to see the value of the branch – but differently. Not only is the technology rapidly evolving, but so are demographic shifts as more employees work and consumers bank remotely. Determining the right location and the appropriate size for a branch, as well as the technology to include in it, has undergone necessary adjustments for the optimal site selection, from the probability of natural disasters […] - [Tennessee Credit Union League CRO Highlights Strategic Tech Integration as Key to Credit Union Success](https://thecreditunionconnection.com/tennessee-credit-union-league-cro-highlights-strategic-tech-integration-as-key-to-credit-union-success/): Credit union leader David Griffiths shares how unified digital platforms drive growth while cutting costs and complexity As credit unions face mounting pressure to modernize while controlling costs, Tennessee Credit Union League Chief Revenue Officer David Griffiths offers a practical solution: strategic tech integration. In a detailed discussion with Eltropy, Griffiths shared how credit unions are moving beyond fragmented systems to create more efficient, member-focused operations. \”Many credit unions were initially influenced by the fintech buzz, leading to fragmented technology stacks,\” said Griffiths. \”One part of the organization would buy something, and then another would buy something else. Suddenly, they\’ve […] - [Women-Owned Small Businesses Receive A Big Boost Thanks To New \"Bethboards\" Initiative From Bethpage Federal Credit Union](https://thecreditunionconnection.com/women-owned-small-businesses-receive-a-big-boost-thanks-to-new-bethboards-initiative-from-bethpage-federal-credit-union/): Female Entrepreneurs in the Tri-State Area Can Be Nominated to Be Featured on Prominent Billboards Throughout New York In today\’s economy, women-owned small businesses are making a significant impact, driving innovation, job creation, and local economic growth. According to estimates by the U.S. Census Bureau, women-owned businesses generate an estimated $2.1 trillion in revenue, employ 10.5 million people, and are responsible for $499.4 billion in annual payroll. Recognizing the tremendous promise of women-led businesses and their ability to break boundaries, enrich communities, and drive change, Bethpage Federal Credit Union has committed its support by giving female entrepreneurs a big platform […] - [Four Credit Unions Announce New Hires and UMCU COO Named to Crain’s Detroit Business 40 Under 40](https://thecreditunionconnection.com/four-credit-unions-announce-new-hires-and-umcu-coo-named-to-crains-detroit-business-40-under-40/): Several credit unions announced new hires, including Zeal Credit Union and A+ Federal Credit Union, and the COO of University of Michigan Credit Union was recently named to Crain’s Detroit Business 40 Under 40. New Hires Financial Center is pleased to announce the appointment of Melissa Smith as Vice President of Human Resource Operations & Service. In this role, Melissa will drive the organization’s commitment to enhancing the employee experience – focusing on creating an environment where processes are better, faster, and easier for employees, just as Financial Center does for its members. Zeal Credit Union proudly welcomes Srinivasa “Sastri” […] - [CFPB Report Details Student Borrower Harms from Servicing Failures and Program Disruptions](https://thecreditunionconnection.com/cfpb-report-details-student-borrower-harms-from-servicing-failures-and-program-disruptions/): Analysis of 18,000 borrower complaints reveals payment processing errors, inaccurate bills and repayment information, and unhelpful customer service The Consumer Financial Protection Bureau (CFPB) today released the annual report of the CFPB Student Loan Ombudsman, highlighting the severe difficulties reported by student borrowers due to persistent loan servicing failures and program disruptions. The report details how millions of student borrowers have received relief through new income-driven repayment plans, cancellation programs, and various adjustments and program automation processes. However, borrowers tell the CFPB how servicing breakdowns, including inaccurate information provided by servicers, improperly processed payments, and delayed income driven payment applications […] - [WOCCU Awarded $1.8M Grant to Launch Climate Finance Pilot in West African Credit Unions](https://thecreditunionconnection.com/woccu-awarded-18m-grant-to-launch-climate-finance-pilot-in-west-african-credit-unions/): The Global Environment Facility (GEF) announced the award at COP 29 in Azerbaijan The Global Environment Facility (GEF) on Friday announced World Council of Credit Unions (WOCCU) is one of 13 organizations designated to receive a 2024 Challenge Program for Adaptation Innovation award during an event held at COP 29, the United Nations’ Climate Change Conference, in Baku, Azerbaijan. WOCCU will receive $1.8 million to launch a proposed pilot initiative in 2025 that will introduce a holistic, scalable methodology and digital tools to select credit union networks located in the West African Economic and Monetary Union, allowing them to manage […] - [LSCU & Affiliates Concludes Second Annual INSPIRE Conference Celebrating Women’s Leadership](https://thecreditunionconnection.com/lscu-amp-affiliates-concludes-second-annual-inspire-conference-celebrating-womens-leadership/): The League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates) successfully concluded the second annual INSPIRE Conference, held November 13 – 15, in Tampa, Florida. This event, in conjunction with the Carolinas Credit Union League and the Global Women\’s Leadership Network (GWLN), brought together credit union leaders, advocates, and supporters to celebrate the role of women in the credit union movement. The conference opened with an impactful session titled, “EmpowerHER: Unveiling the Power of Women Leaders”, led by Linh Dang, CEO of Floridacentral Credit Union, and Maureen Bock, Senior Vice President of Member Experience at LSCU. This session set […] - [SchoolsFirst Federal Credit Union Sponsors Organizations & Events](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-sponsors-organizations-amp-events/): SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, recently sponsored the Teachers of the Year and Classified School Employees of the Year recognition event hosted by Sacramento Republic FC and the Sacramento County Office of Education (SCOE), held on Oct. 26, 2024. The special celebration took place at Heart Health Park during the Sacramento Republic FC match against the Colorado Springs Switchbacks. The honorees – distinguished educators and classified school employees from across Sacramento County – were recognized in an on-field ceremony prior to the game. The event began […] - [Metro Credit Union Debuts New Business Checking Account with Features to Make Banking More Accessible for Business Owners](https://thecreditunionconnection.com/metro-credit-union-debuts-new-business-checking-account-with-features-to-make-banking-more-accessible-for-business-owners/): Metro Credit Union, the largest state-chartered credit union in Massachusetts, today announced the launch of its new Metro Business Checking account. Designed with business owner needs in mind, the checking account is available at Essential and Premium tiers. \”With our approach to this new business deposit account we wanted to simplify the experience, offer top services and features, and make it accessible to more business owner members,\” said Robert Cashman, President and CEO of Metro Credit Union. \”Our options offer flexibility for businesses to find the solutions they need.\” Both Essential and Premium tiers include unlimited transactions, no transaction fees, […] - [Six Credit Unions Partner with myCUmortgage for Comprehensive Home Loan Services](https://thecreditunionconnection.com/six-credit-unions-partner-with-mycumortgage-for-comprehensive-home-loan-services/): New partnerships represent over 139,000 credit union members and $2.52 billion in assets As part of its ongoing efforts to help more credit union members with homeownership, myCUmortgage is excited to announce six new partnerships. myCUmortgage is a Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. myCUmortgage\’s new partnerships in Q3 of 2024 include: AdelFi Credit Union – Brea, Calif. Campus Federal Credit Union – Baton Rouge, La. Glass City Federal Credit Union – Maumee, Ohio Northwest Christian Credit Union – Nampa, Idaho ValleyStar Credit Union – Martinsville, Va. Victoria Federal Credit Union – Victoria, Texas When combined, these […] - [Registration is Open for the 2025 World Credit Union Conference](https://thecreditunionconnection.com/registration-is-open-for-the-2025-world-credit-union-conference/): WOCCU to host 20th anniversary of the premier global credit union event in Stockholm, Sweden, July 14-16 World Council of Credit Unions (WOCCU) is thrilled to announce the opening of registration for the highly anticipated 2025 World Credit Union Conference (WCUC), set for July 14-16, at the Stockholmsmässan in Stockholm, Sweden. 2025 marks the 20th anniversary of the World Credit Union Conference, and WOCCU will celebrate the occasion with the theme “The Future is Cooperative” by welcoming more than 1,800 credit union professionals from 60 countries to explore the innovations, collaborations and emerging issues driving our global movement forward. “With […] - [Open Banking, Brazil and CUSS!](https://thecreditunionconnection.com/open-banking-brazil-and-cuss/): Denise Wymore, Chair, CU De Novo Collective Last week, I attended the Underground 20/20 in Vegas and CUs Unite in Suquamish, WA. Both events focused on saving small credit unions through collaboration and innovation and identified that legacy core systems continue to hold many small credit unions hostage. I learned that several countries are miles ahead of the United States in terms of financial institution technology, with Brazil leading the way. How can that be?  Credit unions in Brazil are widely recognized as tech-forward, often outpacing their US counterparts in digital offerings, operational efficiency, and member experience innovation. The reasons […] - [Coastal Credit Union Collecting Toys for Tots](https://thecreditunionconnection.com/coastal-credit-union-collecting-toys-for-tots/): Coastal Credit Union has partnered with iHeart Radio and the United States Marine Corps to sponsor this year’s Toys for Tots: Stuff-a-Bus campaign.  Now through December 6th, each Coastal branch will have collection barrels for members and the community to donate a new, unwrapped gift that will go to a child in need in the Triangle. Coastal branches will be collecting toys through Friday, December 6th. Acceptable gifts include sporting equipment, games, toy cars, dolls/action figures, bikes, books, crayons/art supplies, and building sets. The campaign will culminate with a Stuff-a-Bus event at Coastal’s Crescent Commons branch located at 2024 Kildare […] - [DCUC Advocates for Inclusion of Credit Unions in Community Banking Reforms in Letter to Congressman Hill](https://thecreditunionconnection.com/dcuc-advocates-for-inclusion-of-credit-unions-in-community-banking-reforms-in-letter-to-congressman-hill/): Today, the Defense Credit Union Council, DCUC, sent a letter to Congressman French Hill (R-AR) emphasizing the need to recognize the essential role of credit unions in any effort to strengthen community banking. In response to recent proposals aimed at revitalizing local financial institutions, DCUC expressed appreciation for the focus on community-centric banking and urged the inclusion of specific reforms to support credit unions as a crucial part of this vision. Credit unions are particularly vital to military and veteran families, rural communities, and underserved areas, often stepping in where traditional banks have withdrawn. As member- owned, not-for-profit cooperatives, credit […] - [DCUC Calls for Independent Oversight by the National Credit Union Administration in Letter to House Financial Services Committee](https://thecreditunionconnection.com/dcuc-calls-for-independent-oversight-by-the-national-credit-union-administration-in-letter-to-house-financial-services-committee/): Today, the Defense Credit Union Council, DCUC, sent a letter to Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) of the House Financial Services Committee ahead of its hearing titled \”Oversight of Prudential Regulators,\” urging the Committee to protect the independence of the National Credit Union Administration (NCUA). DCUC stresses that NCUA\’s independence is essential to maintaining the mission and unique structure of credit unions, particularly those serving military and veteran communities. The NCUA, established in 1970 as an independent federal agency, provides tailored oversight to credit unions, aligning with their not-for-profit, member-owned structure. This specialized oversight allows […] - [New credit card uses NIL to help fans support CU student-athletes](https://thecreditunionconnection.com/new-credit-card-uses-nil-to-help-fans-support-cu-student-athletes/): Elevations Credit Union, in collaboration with Learfield\’s Buffalo Sports Properties and the University of Colorado Boulder Athletics Department, is pleased to announce the introduction of The Go Buffs® Visa® Signature Rewards Credit Card,* the official credit card of CU Athletics. With the card, fans can support CU student-athletes while showing their Buffs® spirit. For every transaction, Elevations donates to name, image likeness (NIL) to support CU student-athletes at no cost to the cardholder. The card\’s annual fee also goes to NIL.  \”We are proud to partner with our good friends at Elevations to provide this exciting opportunity for fans to support our […] - [CU Financial Group and Sure Partner to Launch Digital Insurance Solution SimpleQuote for Credit Unions](https://thecreditunionconnection.com/cu-financial-group-and-sure-partner-to-launch-digital-insurance-solution-simplequote-for-credit-unions/): Sure combines its technology with CUFG\’s network of credit unions to build the first ever digital insurance experience for credit union members Sure today announced it has partnered with CU Financial Group, LLC (CUFG) to launch SimpleQuote, a new digital insurance solution that will enable credit unions to offer their members seamless access to insurance. CUFG is a credit union service organization whose mission is to offer premium insurance products to credit union members at competitive rates. Built on Sure\’s digital insurance technology rails, SimpleQuote enables CUFG to offer its network of credit unions the ability to extend insurance to […] - [MDC Taps Digital Banking Visionary Ned Tobey for CEO Role](https://thecreditunionconnection.com/mdc-taps-digital-banking-visionary-ned-tobey-for-ceo-role/): Digital banking veteran set to lead the research for development CUSO Members Development Company (MDC) has announced that its next CEO will be Ned Tobey, former Chief Product Officer of Digital Banking at NCR. In his new role, Tobey will oversee all research and development operations and strategic decision-making for MDC. He will succeed Jeff Kline, MDC’s CEO since 2007, in January 2025. Throughout his nearly two-decade-long career in fintech, Tobey has won multiple industry awards and pioneered new solutions in online banking. Tobey developed the first SEC-certified online platform in SimpliFi, which was named the Finovate Best-in-Show Winner in […] - [Turn Your Credit Union’s Auto Lending Around in 2025](https://thecreditunionconnection.com/cu-acceptance-credit-union-indirect-auto-lending-2025/): The auto industry experienced quite the ordeal during the COVID-19 pandemic with new vehicles in short supply, driving the used car prices to record heights. Now that the market is on tract to reach pre-pandemic levels in terms of new vehicle sales, credit unions are being challenged by other lenders and their low- to 0% rate loans. The captives have especially taken advantage of that stronghold, comprising 61.8% of the new vehicle market share versus 54.2% last year, according to Mercer Capital. Credit unions also have to deal with the challenges of indirect lending, mainly the fact that many still […] - [Holiday Marketing Trends for Credit Unions to Steal](https://thecreditunionconnection.com/holiday-marketing-trends-for-credit-unions-to-steal/): Lydia Wedlock, Editorial Assistant, The Credit Union Connection The 2024 holiday season is in full swing, and everywhere you look, homes and businesses are covered in decorations, traditional holiday songs are playing on radios and loudspeakers, and various TV stations are playing everyone’s favorite holiday movies and specials. There’s also plenty of holiday advertising going around, especially from retailers pushing their holiday deals to eager shoppers. Of course, other types of businesses put out festive advertising at this time of year, and credit unions are no exception. Here are a few trends and tips credit unions can use to make […] - [NCUA Charters Soul Community Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-soul-community-federal-credit-union/): Low-Income-Designated Credit Union Will Serve City of Austell, Georgia The National Credit Union Administration has granted a federal charter and National Credit Union Share Insurance Fund coverage to Soul Community Federal Credit Union in Austell, Georgia. “The organizers of Soul Community Federal Credit Union have sought to make their community a better place by bringing residents of their city greater access to safe, fair, and affordable financial products and services,” NCUA Chairman Todd M. Harper said. “Having a local institution like this one will fill an important need in Austell, a community of modest means that currently lacks access to […] - [South Metro FCU Selects Kent Engler as President & CEO](https://thecreditunionconnection.com/south-metro-fcu-selects-kent-engler-as-president-amp-ceo/): South Metro Federal Credit Union proudly announced the appointment of Kent Engler as its new President and Chief Executive Officer last week. Kent brings over 20 years of leadership experience in the financial services industry to his new position, with expertise in credit unions and community banking. He has a strong track record of driving growth, enhancing member satisfaction, and improving operational efficiency through strategic initiatives and team development. A dedicated advocate for community engagement, Kent has partnered with organizations to promote financial literacy and support underserved communities. Kent shared his enthusiasm for the role, stating: \”I am truly honored […] - [U S Federal Credit Union Announces New President/Chief Executive Officer](https://thecreditunionconnection.com/u-s-federal-credit-unionannounces-new-presidentchief-executive-officer/): After a nationwide search, U S Federal Credit Union announces the selection of Nicole Smith, as the Credit Union’s incoming President/CEO. Smith will follow Michelle Wilson, who has served as President/CEO of U S Federal Credit Union for over 36 years and retires in January of 2025.  Smith has more than 20 years of experience in financial services, most recently serving as the Executive Vice President for Pasadena Federal Credit Union, which has $365 million in assets. Prior to her role at Pasadena FCU, Smith was Senior Vice President at First Bank, where she led business banking strategy and operations. […] - [Letter to Credit Unions (24-CU-03) Consumer Harm Stemming from Certain Overdraft and Non-Sufficient Funds Fee Practices](https://thecreditunionconnection.com/letter-to-credit-unions-24-cu-03-consumer-harm-stemming-from-certain-overdraft-and-non-sufficient-funds-fee-practices/): Dear Boards of Directors and Chief Executive Officers: If your credit union assesses overdraft or non-sufficient funds (NSF) fees that your members cannot reasonably anticipate or avoid, your credit union may be exposing itself to heightened reputational, consumer compliance, third-party, and litigation risk. Unanticipated fees can cause substantial harm to credit union members. While there may be situations with unique facts or circumstances, the assessment of unanticipated fees on credit union members generally represents an unfair or deceptive act or practice under Section 5 of the Federal Trade Commission Act (FTC Act) and Sections 1031 and 1036 of the Consumer […] - [Coastal and Truliant Credit Unions Partner to Launch Credit Union Auto Marketplace](https://thecreditunionconnection.com/coastal-and-truliant-credit-unions-partner-to-launch-credit-union-auto-marketplace/): Coastal Credit Union and Truliant Federal Credit Union have partnered with TrueBuy Automotive to create Credit Union Auto Marketplace, a modern preowned auto-buying experience tailored for credit union members. The dealership is physically located at 4990 University Parkway in Winston Salem, and can serve members through: Quick, online car finding with a database of thousands of vehicles No-haggle pricing with discounts for credit union borrowers Free home delivery within 250 miles Structured as a credit union service organization (CUSO), CU Auto Marketplace enables Coastal and Truliant to offer discounted preowned auto pricing as a valuable new perk for credit union […] - [Spero Financial Receives BBB Torch Awards for Ethics](https://thecreditunionconnection.com/spero-financial-receives-bbb-torch-awards-for-ethics/): Spero Financial, a South Carolina-based credit union since 1935, has been recognized by the Better Business Bureau of the Upstate as a Torch Award for Ethics recipient. This award honors companies and charities that demonstrate a high level of character and ensure the organizations\’ practices meet the highest standards of ethics. The Torch Award for Ethics embodies the BBB’s mission of advancing business trust and recognizes organizations whose leaders place a focus on the four C’s— character, culture, customers, and community. Find solutions related to this content on the Solution Playground. The Credit Union Connection is piloting a partnership with […] - [Curql Fund II Makes History, Surpasses $200 Million in Investment Commitments—The Window to Join Is Still Open](https://thecreditunionconnection.com/curql-fund-ii-makes-history-surpasses-200-million-in-investment-commitmentsthe-window-to-join-is-still-open/): Curql Collective, the only strategic investment fund created by and for credit unions to collectively invest in fintech, celebrates a monumental achievement – Curql Fund II has secured over $200 million in investment commitments. Building on the record-breaking success of Curql’s first fund, which tallied $250 million, Fund II brings the total combined to over $450 million and continues to grow – but once the fundraise closes, it won’t open again for several years. The fund has quickly gained momentum, surging from $100 million to $150 million and now surpassing the $200 million mark within a short timeframe. This historic […] - [Royal Credit Union’s Annual Giving Never Melts Away Toy Drive Collects Over 750 Toys](https://thecreditunionconnection.com/royal-credit-unions-annual-giving-never-melts-away-toy-drive-collects-over-750-toys/): Royal Credit Union (Royal) and The Salvation Army partnered to hold the annual Giving Never Melts Away toy drive throughout the month of November. This year, Royal collected over 750 toys and raised $2,500 for The Salvation Army through the generosity of community members and team members. “We deeply appreciate everyone who supported this year’s Giving Never Melts Away initiative,” shared Heidi Cornelius, Community Engagement Coordinator. “At Royal, we prioritize positively impacting the communities we serve, and we’re honored to give back locally during the holiday season.” New, unwrapped toys were collected at all Royal offices, and monetary donations were […] - [MDT Announces Elevated Go-Forward Strategy to Help Credit Unions Compete and Remain Institutions of Choice](https://thecreditunionconnection.com/mdt-announces-elevated-go-forward-strategy-to-help-credit-unions-compete-and-remain-institutions-of-choice/): MDT shares plan to expand consulting solutions, introduce public cloud-environment solutions and double down on digital transformation solutions  MDT today announced its go-forward company strategy that will help credit unions embrace advancing technologies, meet evolving member needs and succeed in an increasingly complicated environment. As credit unions face a more challenging regulatory, security and competitive landscape, MDT is dedicated to serving as a navigator for credit unions, guiding them through the complexities of the modern financial technology landscape. To help propel this mission, MDT is expanding its consulting solutions, offering credit unions the expert guidance, tailored solutions and strategic support […] - [DCUC Calls on Senate Committee Leaders to Address CFPB Overreach](https://thecreditunionconnection.com/dcuc-calls-on-senate-committee-leaders-to-address-cfpb-overreach/): Today, the Defense Credit Union Council (DCUC) sent a letter to Senate Banking, Housing, and Urban Affairs Committee Chairman Sherrod Brown and Ranking Member Tim Scott, advocating for balanced oversight of the Consumer Financial Protection Bureau (CFPB). DCUC provided its letter ahead of the Committee’s hearing, “Consumer Protection: Protecting Workers’ Money and Fighting for the Dignity of Work,” drawing concerns over the potential risks posed by recent CFPB regulatory priorities, including overdraft protection policies, credit card late fee limits, and proposed data-sharing rules under Section 1033. DCUC Chief Advocacy Officer Jason Stverak stressed that overdraft protection is a crucial safety […] - [Reliant Donates Sneakers for Children in Girls on the Run of Greater Rochester](https://thecreditunionconnection.com/reliant-donates-sneakers-for-children-in-girls-on-the-run-of-greater-rochester/): Reliant Credit Union continues its mission to help students in the Finger Lakes put their best feet forward! Reliant recently donated 86 pairs of sneakers to Girls on the Run of Greater Rochester. Girls on the Run is a nonprofit organization that empowers young girls through programs that combine running with life skills development. The program focuses on building confidence, promoting healthy lifestyles, and fostering emotional and social growth. This is the fifth donation this year for Reliant’s Feet Forward program, a special community effort Reliant created in 2016, through which the credit union partners with area schools and organizations […] - [Frankenmuth Credit Union Partners with Glia to Transform Member Interactions](https://thecreditunionconnection.com/frankenmuth-credit-union-partners-with-glia-to-transform-member-interactions/): Partnership combines modern ChannelLess® technology with seamless CU*Answers integration to streamline member interactions and boost agent productivity Glia today announced a partnership with $1.4 billion-asset Frankenmuth Credit Union (FCU) to unify member interactions across digital channels, voice and AI. By leveraging Glia’s ChannelLess® architecture, the credit union will enhance the member experience, drive efficiencies for agents and managers, and create revenue opportunities. FCU serves over 72,000 members in nearly 30 communities across Michigan. Core to their ‘people helping people’ mission, the credit union was looking for a solution that could enhance interactions for both members and agents. By managing digital customer service, […] - [Velera Announces “Velocity for a New Era” Theme and Keynotes for VeleraLIVE 2025](https://thecreditunionconnection.com/velera-announces-velocity-for-a-new-era-theme-and-keynotes-for-veleralive-2025/): Velera – formerly PSCU/Co-op Solutions, has announced the theme and keynote speakers for VeleraLIVE 2025, to be held April 14-16 in Denver at the Gaylord Rockies Resort & Convention Center. This year marks the first year for VeleraLIVE, which will serve as the company’s new combined annual conference. The theme for the event, “Velocity for a New Era,” takes inspiration from the company’s name, reflecting the CUSO’s unique ability to drive velocity and positive momentum for credit union success in a new era of financial services and evolving consumer preferences. VeleraLIVE 2025 will bring together credit union professionals, industry partners […] - [OnPoint Community Credit Union Expands Member Investment Options through New Partnership with FusionIQ](https://thecreditunionconnection.com/onpoint-community-credit-union-expands-member-investment-options-through-new-partnership-with-fusioniq/): The new partnership will provide over 581,000 OnPoint members access to digital investing options to enhance their financial wealth Fusion IQ and OnPoint Community Credit Union are teaming up to equip the credit union\’s more than 581,000 members in Oregon and Southwest Washington with a suite of digital investment options. OnPoint members will have access to FusionIQ\’s hybrid digital advice and self-directed investing capabilities within the FIQ Journey platform. This partnership marks a significant step in OnPoint\’s ongoing commitment to supporting the financial well-being of its members and enables them to grow their wealth with smart, goal-based investing tools. The […] - [Ceres: New scorecard demonstrates federal financial regulators\' progress in addressing climate risk](https://thecreditunionconnection.com/ceres-new-scorecard-demonstrates-federal-financial-regulators-progress-in-addressing-climate-risk/): A new scorecard shows how 10 federal financial regulators have implemented hundreds of actions in the last 18 months to address the systemic financial risks of climate change. However, U.S. regulators have much more work to do to address these risks as the frequency and severity of weather disasters continue to increase. The 2024 Climate Risk Scorecard: Assessing U.S. Financial Regulator Action on Climate Financial Risk found most of the assessed regulators have made meaningful strides in producing research and data on climate risk and incorporating these risks into their oversight of regulated entities. However, urgent action is required to improve climate-related […] - [Underground Thriller Coverage: A Look at What the Future of Leadership is Really All About](https://thecreditunionconnection.com/underground-thriller-coverage-a-look-at-what-the-future-of-leadership-is-really-all-about/): Just what is the future of leadership? And what must leaders do if they want to continue to be effective leaders with newer generations of workers? Those questions and others were put to a panel during the Underground Thriller event hosted by Mitchell Stankovic Associates here in conjunction with the Money 20/20 event, with panelists offering insights that included from the role of social media and that of social impact, how young workers view of today’s workplace, and how in one organization learning to play cricket helped to bring its team members together. Participating in the panel titled “Leadership in […] - [CFPB Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse](https://thecreditunionconnection.com/cfpb-kicks-off-rulemaking-to-help-mitigate-the-financial-consequences-of-domestic-violence-and-elder-abuse/): Survivors of abuse financially suffer when their credit reports contain loans and accounts that they were forced into The Consumer Financial Protection Bureau (CFPB) launched a rulemaking to address the harmful effects of inaccurate credit reporting affecting survivors of domestic violence, elder abuse, and other forms of financial abuse. The agency is issuing an advance notice of proposed rulemaking to gather additional public input on potential amendments to the regulation that implements the Fair Credit Reporting Act (FCRA). After gathering public comment, the CFPB intends to issue a proposed rule. “People trapped by domestic abuse must often sign documents under […] - [Travis Credit Union Celebrates Community Impact](https://thecreditunionconnection.com/travis-credit-union-celebrates-community-impact/): Credit Union Honors Board Member and Establishes Len Augustine Community Impact Award  Travis Credit Union showcased the positive impact it has had on nonprofits and organizations across Northern California in 2024 through its work in financial wellness, advocacy, community service, scholarships and more. The event, held at Travis Credit Union’s corporate office in Vacaville, also recognized former Vacaville mayor and Travis Credit Union Board Member Len Augustine, highlighting his enduring legacy and numerous contributions, including his dedication to financial education and literacy and serving as an instrumental advocate in helping Travis Credit Union win city approval to build its new […] - [AACUL Recognizes Scott Simpson with ‘Eagle Award’ — its Highest Honor](https://thecreditunionconnection.com/aacul-recognizes-scott-simpson-with-eagle-award-its-highest-honor/): The California and Nevada Credit Union Leagues, Utah’s Credit Unions, and the American Association of Credit Union Leagues (AACUL) are honored to announce Scott Simpson was awarded this week with AACUL’s highest recognition — the prestigious Eagle Award. Simpson is President and CEO of the three state-level associations and proudly represents all credit unions and their members. “I am deeply honored and humbled to receive the Eagle Award,” Simpson said during a special event at the yearly AACUL Winter Conference in Miami, FL. “This recognition is not just a personal achievement but a testament to the collaborative and amazing efforts […] - [Serve Credit Union Announces Jennifer Adkisson as New COO](https://thecreditunionconnection.com/serve-credit-union-announces-jennifer-adkisson-as-new-coo/): Jennifer Adkisson has been named the new Chief Operations Officer of Serve Credit Union, a member-owned financial cooperative founded in the “people helping people” spirit in 1931.  As COO, Adkisson will assist CEO Jami Weems in the overall management and strategic direction of the credit union. Bringing 20 years of collective experience in the credit union and financial services industries, she will work in all credit union operations, which include planning, recommending, implementing programs and policies and providing general administrative direction.   “As a familiar face in the credit union industry, we are excited to welcome Jen to the Serve family,” […] - [CFPB Takes Action Against Student Loan Debt Collector Performant Recovery](https://thecreditunionconnection.com/cfpb-takes-action-against-student-loan-debt-collector-performant-recovery/): Performant is banned from servicing or collecting any student loan debt The Consumer Financial Protection Bureau (CFPB) took action to address unlawful student loan debt collection practices by Performant Recovery, Inc. against defaulted borrowers. The CFPB found that Performant delayed borrowers’ loan rehabilitation processes, generating fees for itself and costing individual borrowers thousands of dollars. The CFPB’s order requires Performant to pay a $700,000 penalty and bans it from servicing or collecting any student loan debts. “Performant concocted a scheme to juice their profits by delaying student borrowers their rightful relief,” said CFPB Director Rohit Chopra. “The CFPB is holding Performant […] - [First Harvest Credit Union\'s Pink Ribbon Program Raises $3,500 for MD Anderson Cancer Center at Cooper](https://thecreditunionconnection.com/first-harvest-credit-unions-pink-ribbon-program-raises-3500-for-md-anderson-cancer-center-at-cooper/): First Harvest & Employees Carry Out Breast Cancer Advocacy Initiatives December 9, 2024 – First Harvest Credit Union’s (“First Harvest”) Charitable Journey Program recently donated $3,500 to the Cooper Foundation, benefitting the MD Anderson Cancer Center at Cooper, in support of breast cancer patients and research. This employee led program raised $2,000 from both employee and member donations made through the Pink Ribbon Program, with First Harvest contributing an additional $1,500 in matching donations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In addition […] - [Robins Financial Credit Union Gives Back $20 Million to Members through Member Rebate](https://thecreditunionconnection.com/robins-financial-credit-union-gives-back-20-million-to-members-through-member-rebate/): Robins Financial Credit Union shows its commitment to supporting its members by giving back $20 million through its Member Rebate program. Since beginning the program in 2017, the Member Rebate underscores the credit union’s commitment to the community and the financial well-being of its members, rewarding loyalty and trust that have been the foundation of its success for the last seven decades. With a firm belief in the philosophy of “people helping people,” Robins Financial Credit Union continues to demonstrate its dedication to its members’ financial success and growth. “We are honored to be able to give back to our […] - [DCUC Advocacy Secures Key Wins as House Releases FY 2025 NDAA Text](https://thecreditunionconnection.com/dcuc-advocacy-secures-key-wins-as-house-releases-fy-2025-ndaa-text/): The Defense Credit Union Council (DCUC) is pleased with the release of the U.S. House of Representatives’ official text for the “Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025” (NDAA). The legislation does not include the Durbin-Marshall Credit Card Competition Act (CCCA) or related study proposals that could give rise to similar regulations. Throughout 2024, DCUC has proactively championed efforts to ensure a clean NDAA free of provisions that could undermine the credit union industry or jeopardize the financial well-being and readiness of our Nation’s military and veterans. These efforts included sending multiple letters […] - [SECU Kicks Off Statewide Beautification Initiative with Keep North Carolina Beautiful](https://thecreditunionconnection.com/secu-kicks-off-statewide-beautification-initiative-with-keep-north-carolina-beautiful/): High Point project helps keep water and the environment safe for people and wildlife State Employees’ Credit Union (SECU) and Keep North Carolina Beautiful(KNCB) recently teamed up for a statewide beautification initiative, which kicked off with a litter pickup event along Martin Luther King Jr. Drive in High Point. The effort brought together local affiliate Keep High Point Beautiful and SECU volunteers whose work will help prevent litter from traveling to community drinking water sources and help avoid health hazards for residents and wildlife.  This was the first in a series of service projects hosted by SECU and KNCB. More […] - [NCUA’s Harper Speaks at FSOC Meeting](https://thecreditunionconnection.com/ncuas-harper-speaks-at-fsoc-meeting/): National Credit Union Administration Chairman Todd M. Harper delivered remarks at the opening session of today’s meeting of the Financial Stability Oversight Council (FSOC). Secretary of the Treasury Janet L. Yellen presided over the meeting. During his remarks, Chairman Harper noted the many achievements of the FSOC, including the publication of the Nonbank Designations Guidance and Analytical Framework and the FSOC Annual Report, which highlights system issues specific to credit unions. “For the first time, this annual report also aptly recognizes the need to anticipate and mitigate the likelihood of large credit union failures, especially with system assets heavily concentrated […] - [Credit Unions Announce Promotions/New Hires, and CU Leadership Recognized With Prestigious Awards](https://thecreditunionconnection.com/credit-unions-announce-promotionsnew-hires-and-cu-leadership-recognized-with-prestigious-awards/): A few credit unions including People’s Credit Union and OnPoint Community Credit Union announced promotions, and employees from Royal Credit Union and Everwise Credit Union were recognized for their achievements. New Hires United Federal Credit Union (United) is strengthening its Small Business Administration team with the addition of six highly experienced lending specialists, furthering the credit union’s commitment to supporting local entrepreneurs and fostering economic growth across the country. Leading the credit union’s SBA lending team will be Brad Rogers, United’s Commercial Credit Manager. Rogers has over 20 years of SBA lending experience with previous roles as SBA credit officer, […] - [Join Reliant Credit Union in Spreading Holiday Cheer](https://thecreditunionconnection.com/join-reliant-credit-union-in-spreading-holiday-cheer/): This holiday season, Reliant Credit Union is spreading cheer by supporting organizations throughout our community. Each branch is assisting a local nonprofit by collecting goods and gifts, providing monetary and item donations, and/or volunteering their time.  “The season of giving highlights the incredible strength and compassion within our communities,” said Pamela Heald, President & CEO of Reliant Credit Union. “At Reliant, our commitment to the ‘people helping people’ philosophy guides everything we do. Every act of generosity, big or small, helps build a brighter, more compassionate community. We invite everyone to join us in making an impact this holiday season.” […] - [Super Auto App Way.com and Advia Credit Union Partner to Ease the Burden of Costly Car Expenses](https://thecreditunionconnection.com/super-auto-app-waycom-and-advia-credit-union-partner-to-ease-the-burden-of-costly-car-expenses/): From high-interest car loans to rising repair bills, car expenses cause tremendous stress when consumers try to balance already high living costs. That is where Advia Credit Union and Way.com are hoping they can help. As part of their mission to make car ownership affordable, Way is partnering with Advia so they can provide the lowest rates possible across multiple areas of car expenses to their members. Way.com offers innovative benefits including auto refinancing, gas discounts, glass breakage protection, free car washes, and substantial parking discounts. The auto app also aims to provide peace of mind for drivers with digital […] - [Delta Community Selects 20 Metro Atlanta Nonprofits to Receive $150,000 in Total Grants](https://thecreditunionconnection.com/delta-community-selects-20-metro-atlanta-nonprofits-to-receive-150000-in-total-grants/): Credit Union to Distribute Awards Throughout 2025 in Philanthropic Fund Program\’s 12th year Delta Community Credit Union is pleased to announce its 2025 Philanthropic Fund Program grant recipients. Georgia\’s largest credit union will provide a total of $150,000 in grants to 20 organizations that support metro Atlantachildren and families through health and human services; financial education; or science, technology, engineering, arts and math (STEAM) education. With the disbursement of the 2025 awards, Delta Community will have invested more than $1.3 million in nearly 250 nonprofit organizations since launching the grants program in 2014. In turn, these receiving organizations have used the […] - [CFPB Sues Comerica Bank for Systematically Failing Disabled and Older Americans](https://thecreditunionconnection.com/cfpb-sues-comerica-bank-for-systematically-failing-disabled-and-older-americans/): Comerica hung up on recipients of Social Security and harvested junk fees from them Today the Consumer Financial Protection Bureau (CFPB) sued Comerica Bank for systematically failing its 3.4 million Direct Express cardholders – primarily unbanked Americans receiving federal benefits. The bank deliberately disconnected 24 million customer service calls, impeding cardholders from exercising their rights under the law, charged illegal ATM fees to over 1 million cardholders, and mishandled fraud complaints while providing federal benefits through the Direct Express prepaid debit card program. The CFPB is asking the court to order Comerica to halt these practices, provide refunds to affected […] - [Robins Financial Credit Union Named Business of the Year](https://thecreditunionconnection.com/robins-financial-credit-union-named-business-of-the-year/): Robins Financial Credit Union was named Business of the Year on Thursday, December 5 by the Robins Regional Chamber during the chamber’s annual meeting at Southside Baptist Church. This exciting news coincides with the 70th anniversary of Robins Financial, making this achievement an incredible addition to a celebratory year. “We are honored to be recognized as the Business of the Year by the Robins Regional Chamber,” stated Christina O’Brien, President and CEO of Robins Financial Credit Union. “This achievement is a testament to our decades of dedication to serving the community and making a positive impact on the lives of […] - [LAFCU Honored with Delta Township Community Impact–Legacy Award](https://thecreditunionconnection.com/lafcu-honored-with-delta-township-community-impactlegacy-award/): Credit union recognized for outstanding contributions to making Delta Township a vibrant place to live, work, and play LAFCU has been presented with the prestigious Community Impact–Legacy Award from Delta Township, an honor recognizing the organization’s dedication to enriching the community in which it has been headquartered since 1971. The award was presented as part of the Delta Township Community Impact Awards Program, which celebrates individuals, businesses, and organizations for their significant contributions to the township’s quality of life. “LAFCU has become woven into the fabric of Delta Township, and this award reflects its relentless commitment to the community,” said […] - [Apple Federal Credit Union and NextMark Credit UnionAnnounce Merger Approvals](https://thecreditunionconnection.com/apple-federal-credit-union-and-nextmark-credit-unionannounce-merger-approvals/): Apple Federal Credit Union and NextMark Credit Union are excited to announce their merger has received regulatory approval and a resounding 93% member approval by a vote of the NextMark membership. This overwhelming demonstration of support highlights the strong confidence members have in the benefits of the combined credit union. The legal date of the merger for the two organizations is planned for January 1, 2025. The newly merged organization will serve more than 260,000 members across 25 branches throughout Northern Virginia. Combined, the organization will have assets of over $4.9 billion. Both credit unions were founded by and for […] - [Teachers Federal Credit Union Launches 2024 Season Of Giving Campaign, Pledging $50,000 To Non-Profit Organizations](https://thecreditunionconnection.com/teachers-federal-credit-union-launches-2024-season-of-giving-campaign-pledging-50000-to-non-profit-organizations/): Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion assets and more than 460,000 members, is celebrating Giving Tuesday with the launch of its annual Season of Giving campaign. This year, Teachers is pledging $50,000 to support three remarkable non-profit organizations – Island Harvest Food Bank, Junior Achievement USA, and Habitat for Humanity International. Teachers invites the public to help determine how the donations will be distributed among the three charities. From December 3 through December 10, Teachers members and communities have the chance to cast their votes and determine the distribution […] - [Arsenal Credit Union Awards $13,200 to Twelve St. Louis Area Nonprofit Organizations](https://thecreditunionconnection.com/arsenal-credit-union-awards-13200-to-twelve-st-louis-area-nonprofit-organizations/): The grants will help these groups serve the community in the unique ways they’re equipped to do so. Twelve local nonprofits were awarded $13,200 worth of grants from Arsenal Credit Union’s Community Impact Fund. The grants will help these groups serve the community in the unique ways they’re equipped to do so. The nonprofits that received grants serve the communities of Jefferson County, St. Louis County and St. Louis City. These nonprofits work to address diverse problems including but not limited to providing food and supplies for the unhoused community, supplying medication for people living with disabilities and leading at-risk […] - [New Partnership Established Between Synergent and Superior IRA & HSA](https://thecreditunionconnection.com/new-partnership-established-between-synergent-and-superior-ira-amp-hsa/): Superior IRA & HSA provides an integrated platform that simplifies IRA and HSA administration, compliance, and reporting. Synergent® is pleased to announce a new vendor partnership has been formally established with Superior IRA & HSA. As a key partner, Superior IRA & HSA offers an integrated platform that makes Individual Retirement Arrangement (IRA) and Health Savings Account (HSA) administration, compliance, and reporting easier, allowing credit unions to deliver top-notch retirement and health savings services to their members. “We could not be happier than to have an amazing partner like Synergent as Superior IRA & HSA continues to reimagine how IRAs […] - [Consumers Credit Union Wins Mastercard’s Financial Literacy & Education Award](https://thecreditunionconnection.com/consumers-credit-union-wins-mastercards-financial-literacy-amp-education-award/): Consumers is thrilled to announce that we have been recognized by Mastercard® for our unwavering commitment to expanding financial literacy and education within the Spanish-speaking community. This is the fifth year in a row that we have been honored with the esteemed Mastercard Community Institution Segment Award, being one only a select few of financial institutions that have received the award for consecutive years. This year, we received the award in a newly introduced category—Financial Literacy & Education. In 2024, we launched several initiatives aimed at increasing our cultural outreach and expanding our bilingual capabilities. Partnered with Velera (formerly PSCU) […] - [Energy Capital Credit Union Expands Partnership with Velera to Include Debit Card Processing](https://thecreditunionconnection.com/energy-capital-credit-union-expands-partnership-with-velera-to-include-debit-card-processing/): Velera – formerly PSCU/Co-op Solutions, is pleased to announce its expanded partnership with Energy Capital Credit Union (ECCU) to provide debit card processing services, alongside continued credit card processing support. Established in 1934 and headquartered in Houston, ECCU is dedicated to providing its members with the tools they need to realize their dreams – whether that is saving money, buying a home, purchasing a car or achieving another financial goal. Today, the credit union serves more than 19,000 members across six Texas counties and holds nearly $250 million in assets. While reviewing its card processing partners, ECCU was looking to […] - [APCU/Center Parc First Credit Union in Georgia to Launch Greenlight Program as a Free Member Benefit](https://thecreditunionconnection.com/apcucenter-parc-first-credit-union-in-georgia-to-launch-greenlight-program-as-a-free-member-benefit/): APCU/Center Parc Credit Union announced it will be offering new solutions and resources to better serve families and help the next generation build healthy financial futures. Now, APCU/Center Parc members will have free access to an award-winning family finance app and debit card from Greenlight® Financial Technology, Inc. (“Greenlight”). As many as 91% of kids and teens believe they need financial knowledge and skills to achieve their life goals, and 94% of parents agree, according to Greenlight’s 2024 Researchscape study. Parents also rank personal finance as the No. 1 most difficult life skill to teach their children, with 81% saying […] - [Los Angeles Police Federal Credit Union Expands Into Additional Counties, Welcomes California and Federal Agencies](https://thecreditunionconnection.com/los-angeles-police-federal-credit-union-expands-into-additional-counties-welcomes-california-and-federal-agencies/): Law Enforcement Credit Union now serves all Southern California counties, from San Diego to San Luis Obispo, and extends membership to include additional law enforcement groups Los Angeles Police Federal Credit Union (LAPFCU) is proud to announce its expansion to serve all Southern California counties, from San Diego’s southern border to the northern border of San Luis Obispo. The Credit Union also extended its field of membership to include a wider range of law enforcement agencies on the municipal, county, state, and federal levels. This allows more sworn and civilian law enforcement professionals, volunteers, and their family members to join […] - [The Bob Woodruff Foundation Partners with Navy Federal Credit Union to Provide $500K in Emergency Financial Aid for Service Members This Holiday Season](https://thecreditunionconnection.com/the-bob-woodruff-foundation-partners-with-navy-federal-credit-union-to-provide-500k-in-emergency-financial-aid-for-service-members-this-holiday-season/): The funding will provide financial assistance to service members and their families. The Bob Woodruff Foundation (BWF), in partnership with the Navy Federal Credit Union (NFCU), is proud to announce a $500,000 grant to four relief organizations for holiday-focused emergency financial assistance: Navy-Marine Corps Relief Society, Air Force Aid Society, Coast Guard Mutual Assistance, and Army Emergency Relief. These funds will support military personnel, ensuring they can focus on their missions while meeting the urgent needs of their families. This assistance will cover various critical needs, including: Basic Living: Rent, mortgage, and food assistance Medical: Medical copays, special needs medical […] - [Safe Harbor Financial, Collective Clean Energy Fund and Partner Colorado Credit Union Collaborate to Fund $500,000 Sustainable Upgrade Loan for Denver Cannabis Facility](https://thecreditunionconnection.com/safe-harbor-financial-collective-clean-energy-fund-and-partner-colorado-credit-union-collaborate-to-fund-500000-sustainable-upgrade-loan-for-denver-cannabis-facility/): Innovative Loan Partnership Drives Energy Savings and Sustainable Operations in Colorado’s Cannabis Sector SHF Holdings, Inc., d/b/a Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS) announced the closing of a $500,000 loan to PI 51st Avenue, LLC, a subsidiary of Pioneer Interests, Inc., d/b/a Natty Rems, LLC. This loan, offered under the Cannabis Resource Optimization Program (CROP) and facilitated through partnerships with the Collective Clean Energy Fund (CCEF) and Partner Colorado Credit Union (PCCU), will support energy-efficient upgrades at PI 51st Avenue’s cultivation and processing facility in Denver, Colorado. The loan proceeds will allow PI 51st Avenue to […] - [8-Step Plan for Handling a PR Crisis & How Legal Fits In](https://thecreditunionconnection.com/8-step-plan-for-handling-a-pr-crisis-how-legal-fits-in/): Sarah Snell Cooke, CEO, Cooke Consulting Solutions Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. We’ve seen quite a few headlines sharing crises involving credit unions lately: Crises are inevitable, so how should you handle your company’s public relations when ‘stuff’ hits the fan?  Let’s back up first: Your credit union or company should consistently do public relations work. Hold a press conference about a significant new partnership. Send a press release about your new green branch. Pitch your team as experts—community publications love sources for local economic or housing articles. Ensure your community giving and volunteering are documented […] - [AACUC Announces 2025 African American Credit Union Hall of Fame Honorees](https://thecreditunionconnection.com/aacuc-announces-2025-african-american-credit-union-hall-of-fame-honorees/): The African-American Credit Union Coalition (AACUC) will induct five credit union leaders into its African American Credit Union Hall of Fame during its Hall of Fame Induction Ceremony during the Governmental Affairs Conference in Washington, D.C. on March 4, 2025 at the Organization of American States Building. The 2025 honorees are: – Tony LaDarryl Black, Sr. (posthumously), President/CEO, Baylor College of Medicine Federal Credit Union– Barbara J. Leonard (posthumously), Board Chair, Unitus Community Credit Union– Harold Roundtree, President/CEO, UNCLE Credit Union– Girado Smith, President/CEO, Educational Systems Federal Credit Union– Pearl Wicks, Chief Retail Officer, Hope Credit Union The African American […] - [NJ Credit Unions Food Cooperative Donates 10,299 Pounds of Food to Local Communities](https://thecreditunionconnection.com/nj-credit-unions-food-cooperative-donates-10299-pounds-of-food-to-local-communities/): First Harvest Credit Union (“First Harvest”), Affinity Federal Credit Union (“Affinity”), EdiFi Credit Union (“EdiFi”), and 27 participating New Jersey credit unions shared the results of the New Jersey Credit Unions Food Cooperative. The program, created to help address the growing hunger crisis in New Jersey, collected and donated a collective $10,670 and 10,299 pounds of essential food items to support 47 food pantries and organizations throughout the state. All participating credit unions and their designated branches served as collection locations in October and November, providing broader geographic coverage across New Jersey. Each credit union branch directly supported a food […] - [BCU Expands Efforts To Support Employees, Members Affected By Hurricanes Helene, Milton](https://thecreditunionconnection.com/bcu-expands-efforts-to-support-employees-members-affected-by-hurricanes-helene-milton/): As the southern US braced for the impact of Hurricane Helene, with Hurricane Milton fast following, BCU swiftly activated its disaster relief assistance, fulfilling its promise to be “Here Today, For Your Tomorrow.” The BCU Employee Experience team first reached out to all employees in the affected regions to ensure their safety. Once contact was established and employees were confirmed safe, the Credit Union quickly shifted focus to its members. “Ensuring the safety and well-being of our employees and nearly 40,000 members in the FEMA-declared disaster zones was our top priority,” said Mike Valentine, BCU President and CEO. Many members […] - [GLCU Foundation Donates More than $11K to CUAid Campaign for Hurricane Milton Relief Efforts](https://thecreditunionconnection.com/glcu-foundation-donates-more-than-11k-to-cuaid-campaign-for-hurricane-milton-relief-efforts/): The GLCU Foundation for Financial Empowerment has donated more than $11,000 to the National Credit Union Foundation\’s (NCUF) CUAidcampaign to support those impacted by Hurricane Milton. This contribution reflects the GLCU Foundation\’s commitment to assisting communities that have been impacted by natural disasters. The NCUF\’s CUAid program plays a crucial role in providing timely support for individuals and communities affected by natural disasters throughout the year. In 2023 alone, the CUAid program awarded $644,000 in grants to assist those affected by various natural disasters across the United States. CUAid has made a significant impact since its inception, distributing a total […] - [Affinity Plus Opens New Shakopee Branch to Serve Growing Membership](https://thecreditunionconnection.com/affinity-plus-opens-new-shakopee-branch-to-servenbspgrowing-membership/): New location supports Shakopee’s rapid growth and the rising demand for accessible, inclusive financial services Affinity Plus Federal Credit Union (Affinity Plus) today announced the opening of its new Shakopee branch, located at 1714 Crossings Blvd. This expansion reflects the credit union’s strong growth trajectory and its commitment to providing members with accessible brick-and-mortar locations across the state, in addition to its popular mobile banking options.  The new 3,500-square-foot branch provides a welcoming space where nearly 12,000 local members can access Affinity Plus’s full suite of financial services. These include competitive loan rates for homes, vehicles, boats and other major […] - [Higher $10 Million RTP® Network Transaction Limit Empowers New Uses](https://thecreditunionconnection.com/higher-10-million-rtp-network-transaction-limit-empowers-new-uses/): Businesses and financial institutions support the increase of RTP® network transaction limits to enable instant payments for higher value transactions in real estate, supply chain, inter-company transfers, large merchant settlements, and other business-to-business transactions. The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports growth on the network in areas including real estate, supply chain payments, and business-to-business transactions that require larger transaction amounts. \”We have heard from many of our corporate customers that they have a need to send higher-value instant payments […] - [Advia Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/advia-credit-union-selects-upstart-for-personal-lending/): Advia Credit Union (Advia) has announced its partnership with Upstart (NASDAQ: UPST) to offer personal loans to more consumers. “Upstart is recognized as an expert in their field which made the partnership decision an easy one for Advia,” said Bill Clancy, Vice President of Consumer Lending at Advia Credit Union. “As we continue to seek out new and innovative ways to fulfill our mission – providing financial advantages – it was clear that an Upstart + Advia partnership made a lot of sense. Upstart’s digital-forward experience resonates with today’s consumer who desires an intuitive and fast lending experience. For Advia, […] - [PACU Foundation Fifts $31,200 to Six North Carolina Charities](https://thecreditunionconnection.com/pacu-foundation-fifts-31200-to-six-north-carolina-charities/): Piedmont Advantage Credit Union announced today that the PACU Foundation gifted $31,200 to six North Carolina charities on Giving Tuesday to increase their capacity to help area residents overcome financial hardship. Since the foundation\’s formation in 2020, it has gifted more than $100,000 to area charities. \”Giving Tuesday was created in 2012 as a simple idea – a day that encourages people to do good. This idea has grown into a global movement, held annually on the Tuesday following Thanksgiving, that inspires hundreds of millions of people to give, collaborate and celebrate generosity,\” said PACU Foundation President Jean Golden-Rumer, adding, \”As […] - [Actress Eva Longoria Cast As The Voice For Bethpage Federal Credit Union\'s New \"Money Like A Woman\" Commercial](https://thecreditunionconnection.com/actress-eva-longoria-cast-as-the-voice-for-bethpage-federal-credit-unions-new-money-like-a-woman-commercial/): Acclaimed actor, producer, director, entrepreneur, and philanthropist Eva Longoria has joined forces with Bethpage Federal Credit Union to narrate the company\’s powerful new brand campaign and social movement, \”Money Like a Woman,\” aimed at promoting financial empowerment for women and celebrating the female mindset around finances. Longoria brings her unmistakable voice to the campaign\’s anthemic commercial, a vibrant, high-energy spot that encapsulates the spirit of female empowerment and encourages a united, collaborative approach to financial inclusivity. Viewers are invited to join the movement at bethpage.com/woman. \”I deeply admire the work Eva Longoria does to amplify the voices of both women and […] - [Agencies Issue Statement on Elder Financial Exploitation](https://thecreditunionconnection.com/agencies-issue-statement-on-elder-financial-exploitation/): Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation. Older adults who experience financial exploitation can lose their life savings and financial security and face other harm. A FinCEN financial trend analysis of Bank Secrecy Act reports over a one-year period ending in June 2023 found that about $27 billion in reported suspicious activity was linked to elder financial exploitation. Banks, credit unions, and other supervised institutions play an […] - [USSFCU Celebrates an Award-Winning 2024: A Year of Workplace Excellence](https://thecreditunionconnection.com/ussfcu-celebrates-an-award-winning-2024-a-year-of-workplace-excellence/): The United States Senate Federal Credit Union (USSFCU) is closing out 2024 on a high note, celebrating a series of prestigious accolades that highlight its commitment to workplace excellence, employee well-being, and a thriving organizational culture. These awards reflect USSFCU\’s dedication to its employees and reinforce its standing as a leader in workplace innovation and employee engagement. National and Regional Recognition USSFCU has been honored with several high-profile awards this year: USA TODAY Top Workplaces 2024: Ranked among the top employers nationwide for creating a people-first culture. Washington Post Greater Washington Top Workplace: Recognized as one of the premier workplaces […] - [MSUFCU Desk Drawer Foundation Commits $210,000 to Four Community Organizations Across Lower Michigan](https://thecreditunionconnection.com/msufcu-desk-drawer-foundation-commits-210000-to-four-community-organizations-across-lower-michigan/): The MSUFCU Desk Drawer Foundation, the philanthropic arm of MSU Federal Credit Union (MSUFCU), recently announced it awarded $210,000 in grants to four community organizations ― Detroit Institute of Arts, First Step, Todd Martin Youth Leadership, and Woldumar Nature Center. “These grants will help local organizations provide critical services and programs to those in need,” said Foundation Executive Director Rebecca Surian. “By supporting the arts, stable housing, and youth empowerment, we’re working to build stronger, more vibrant communities.” Founded in 2019, the Foundation focuses on five philanthropic pillars as it fulfills its mission to partner with donors to empower transformational […] - [Alkami Expands Behavioral Data Tag Capabilities to Drive Personalized Banking Experiences](https://thecreditunionconnection.com/alkami-expands-behavioral-data-tag-capabilities-to-drive-personalized-banking-experiences/): Financial institutions can leverage advanced data analytics in banking with specialized data insights Alkami Technology, Inc. has announced the latest innovation in its Data & Marketing Solutions platform. With this enhancement, Alkami has strengthened its industry-leading behavioral data tag suite to empower financial institutions with deeper account holder intelligence that can be leveraged to deliver personalization across marketing channels and digital banking. This advanced suite provides comprehensive insights that support cross-departmental strategies, driving revenue growth, uncovering competitive relationships, combatting deposit outflow, and strengthening institutional loyalty. The development of advanced analytics comes alongside the increasing demand for banks and credit unions […] - [LAFCU Named One of the Best Credit Unions to Work For in 2024](https://thecreditunionconnection.com/lafcu-named-one-of-the-best-credit-unions-to-work-for-in-2024/): Lansing-based organization is two-time winner LAFCU is proud to announce that it has been named one of the Best Credit Unions to Work For in 2024 by American Banker. This is the second time LAFCU has received this prestigious recognition, which highlights credit unions that excel in workplace culture, employee satisfaction, and overall business influence. LAFCU is among 30 credit unions nationwide recognized this year in the largest asset category, which includes credit unions with more than $1 billion in assets. The Best Credit Unions to Work For program was established to identify and celebrate outstanding employers in the credit […] - [Unitus Community Credit Union Partners with Quarterback Dillon Gabriel for Giving Tuesday](https://thecreditunionconnection.com/unitus-community-credit-union-partners-with-quarterback-dillon-gabriel-for-giving-tuesday/): Credit Union and Athlete Team Up to Support Local Youth Sports In celebration of “Giving Tuesday,” Unitus Community Credit Union and quarterback Dillon Gabriel have made a $2,500 donation to Kidsports of Eugene, Oregon. The non-profit organization is committed to offering all children the opportunity to play youth sports by removing barriers. The contribution follows a special Meet & Greet with Gabriel for Kidsports’ youth football players. During the event, participants got to run an agility course, catch passes from Gabriel, meet the quarterback, and take photos with him. Unitus President and CEO, Steven Stapp, announced the donation at the […] - [First Tech Deepens Philanthropic Commitment, Contributing $3.5M to Nonprofits in 2024](https://thecreditunionconnection.com/first-tech-deepens-philanthropic-commitment-contributing-35m-to-nonprofits-in-2024/): First Tech\’s extensive support spans over 100 nonprofit organizations across the West Coast First Tech Federal Credit Union announced today, in honor of Giving Tuesday, that it has contributed more than $3.5 million in 2024 to over 100 nonprofit organizations across California, Oregon, and Washington, reinforcing its commitment to community impact. This follows a decade-long tradition of philanthropic support, with over $20 million invested in local organizations to help build the next generation of leaders, innovators, and changemakers. First Tech\’s dedication extends far beyond financial support. Through its Community Engagement programs, First Tech partners with organizations that provide critical resources, expand […] - [Empowering Communities: GWLN Grants Deliver Tangible Impact in Kenya and Mongolia](https://thecreditunionconnection.com/empowering-communities-gwln-grants-deliver-tangible-impact-in-kenya-and-mongolia/): Projects Address Financial inclusion, sustainability and community development The Global Women’s Leadership Network (GWLN) is pleased to share the outcomes of its 2023 Empowerment Grant initiatives that supported over 760 individuals in Kenya and Mongolia, increased Kenyan farmers’ incomes by 20% and provided 112 Mongolian credit union leaders with training on sustainable finance, driving economic empowerment and sustainability in rural communities. The projects, led by Enkhchimeg Nergui, Partnership Specialist, Mongolian National Confederation of Credit Unions, and Violet Ndungu, CEO, Muki SACCO (Kenya), demonstrate the transformative potential of targeted financial support and capacity building. The grants, valued at $10,000 each, funded […] - [Veridian Credit Union announces recipients of $90k in Giving Tuesday donations](https://thecreditunionconnection.com/veridian-credit-union-announces-recipients-of-90k-in-giving-tuesday-donations/): Veridian Credit Union has awarded $90,000 in Giving Tuesday donations to organizations across Iowa, Nebraska and Minnesota in celebration of its 90th anniversary. Recipient organizations were nominated by the public for the credit union’s Veridian Gives Back for Giving Tuesday campaign and drawn at random to receive the donations. “Veridian was founded 90 years ago on the need to support our communities and the people in them,” said Veridian President and CEO Renee Christoffer. “It’s appropriate for our anniversary celebrations to reflect those values that still guide us today.” Three organizations in each of the credit union’s five market areas […] - [UMassFive Employees Raise Over $25,000 for Local Non-Profits](https://thecreditunionconnection.com/umassfive-employees-raise-over-25000-for-local-non-profits/): UMassFive is proud to announce that its employees have raised over $25,000 for two local non-profits during the fall of 2024. $19,293 was raised in support of the UMass Cancer Center via participation in the UMass Cancer Walk and Run, and $5,992 was raised for the Food Bank of Western Massachusetts via participation in Will Bike 4 Food.  A longstanding and top supporter of the UMass Cancer Walk and Run event for 25 years, UMassFive employees join together annually as “Team UMassFive” to raise funds for cancer research and clinical trials at UMass Cancer Center—both personally and in branch locations. […] - [Centra Credit Union Receives Juntos Avanzamos Designation](https://thecreditunionconnection.com/centra-credit-union-receives-juntos-avanzamos-designation/): Centra Credit Union recently earned the prestigious Juntos Avanzamos designation, meaning “Together we advance,” from Inclusiv. This designation is awarded to credit unions who are committed to serving unbanked or underbanked Spanish-speaking consumers. “I’m incredibly proud of our organization for receiving this designation as it truly shows Centra’s commitment to serving the financial needs of the Hispanic/Latino community within our footprint,” Centra President and CEO Rick Silvers said. “This designation is a stepping stone for us as we continue to expand our services as a trusted financial institution to individuals of all backgrounds.” Centra is only the fourth credit union […] - [National Credit Union Foundation Grant Helps Members First CU Focus on Financial Health Initiatives](https://thecreditunionconnection.com/national-credit-union-foundation-grant-helps-members-first-cu-focus-on-financial-health-initiatives/): Members First Credit Union (M1) is pleased to announce it was awarded a grant from the National Credit Union Foundation (NCUF), furthering its commitment to improving financial well-being for its members and community. The NCUF, dedicated to its \”Financial Well-being for All\” mission, provides resources to credit unions, empowering them to offer targeted financial health solutions. With this grant, Members First has the opportunity to collaborate with two renowned vendors, Attune Insights and Coopera Consulting. These partnerships will help refine the credit union’s services and expand outreach efforts to serve members and the community better. “We are very thankful to […] - [MEMBERS1st Community Credit Union Selects Member Access Processing (MAP) as its Card Service Provider](https://thecreditunionconnection.com/members1st-community-credit-union-selects-member-access-processing-map-as-its-card-service-provider/): Member Access Processing (MAP), a Credit Union Service Organization (CUSO), and the leading provider of the Visa DPS Debit, Credit, ATM, and Digital Payment Processing platform to credit unions nationwide, announced that MEMBERS1st Community Credit Union has selected MAP for their debit and credit card processing. \”We love that MAP is a CUSO and are excited to partner with them because they understand that service is paramount to building member relationships,” said Nick Tonelli, Chief Executive Officer at MEMBERS1st Community Credit Union. “MAP’s commitment and passion to service align with our commitment to financially empowering our members throughout central Iowa.\” […] - [Sound Credit Union Finalizes Acquisition of Washington Business Bank](https://thecreditunionconnection.com/sound-credit-union-finalizes-acquisition-of-washington-business-bank/): Late last week, Sound Credit Union (Sound), headquartered in Tacoma, announced the completion of its acquisition of Washington Business Bank (OTCPK; WBZB) based in Olympia, Washington. The transaction, finalized late last week, includes Sound acquiring all assets and assuming substantially all liabilities of Washington Business Bank. With the addition of Washington Business Bank, Sound’s asset size now exceeds $3 billion, including more than $2.5 billion in deposits and $2.3 billion in loans. Sound’s branch network now includes the Washington Business Bank branch, located at 5th Avenue Southeast and Franklin Street in Olympia. This increases their branch network to 26 full-service […] - [CUNA Strategic Services Selects Eko as Their Preferred Digital Investment Provider](https://thecreditunionconnection.com/cuna-strategic-services-selects-eko-as-their-preferred-digital-investment-provider/): CUNA Strategic Services is pleased to announce their new alliance with Eko Investments. Eko enables credit unions to offer digital investing to their members, starting from $10, directly on their existing banking platform via their natively integrated white-label solution. \”We\’re thrilled to welcome Eko to the CSS portfolio,” said Barb Lowman, President, CUNA Strategic Services. “We\’re particularly excited about the fact that Eko solves two challenges for credit unions. The first is to help attract younger members through their impressive digital investment solution; and the second is the ability to generate non-interest income through their revenue share model. Mart has […] - [Pulsate Unveils New Opportunities Engine™ to Help Financial Institutions Drive More Revenue Through the Digital Channel](https://thecreditunionconnection.com/pulsate-unveils-new-opportunities-engine-to-help-financial-institutions-drive-more-revenue-through-the-digital-channel/): Pulsate announced the official release of its Opportunities Engine™ as part of its digital engagement platform. These new capabilities enable financial institutions to go beyond driving digital engagement to increase deposits and generate meaningful revenues through the digital channel as well. Pulsate’s Opportunities Engine actively presents data-driven contextual offers (such as push notifications to encourage debit card usage at specific local merchants, auto loan preapprovals and maturing CD alerts) within the FI’s banking app. The platform automatically retargets micro-engagements when intent is given, allowing FIs to present highly personalized product information and promotions designed to enhance customers’ financial wellbeing, creating […] - [Solidarity Community FCU Selects Mahalo Banking to Upgrade Member Security, Elevate Digital Experience](https://thecreditunionconnection.com/solidarity-community-fcu-selects-mahalo-banking-to-upgrade-member-security-elevate-digital-experience/): Mahalo Banking today announced its new partnership with Kokomo, Ind.-based Solidarity Community Federal Credit Union (Solidarity CFCU). Solidarity CFCU sought a platform provider that offered elevated security features and the ability to tightly integrate with its core provider, Corelation Keystone, to create a more seamless digital experience for its members. After assessing multiple certified providers capable of real-time interaction with Keystone’s latest enhancements, Solidarity CFCU chose Mahalo Banking for its exceptional security features, intuitive design, and streamlined processes. The credit union highlighted Mahalo’s proactive approach to security, its user-friendly navigation, and the platform’s overall ease of use as essential elements […] - [Navy Federal Credit Union Awards ‘Students of the Year’ With ROTC All-American Program Scholarships](https://thecreditunionconnection.com/navy-federal-credit-union-awards-students-of-the-year-with-rotc-all-american-program-scholarships/): In total, the credit union has donated over $540,000 to ROTC cadets through its scholarship program since 2018. Navy Federal Credit Union selected the top Air Force, Army and Navy/Marine students as the three ROTC All-American Scholarship Program Students of the Year. The program honors the nation’s best and brightest ROTC seniors in all branches of military service. A panel of judges—Navy Federal employees and Veterans from across the branches of service—chooses the recipients based on the pillars of the ROTC program: Leadership, Military Excellence, Scholarship and Service. Since the scholarship program’s inception in 2018, Navy Federal has received nearly […] - [First Capital Federal Credit Union’s CEO is On The Go… Thanking Our Local Non-Profits with Thousands of Dollars!](https://thecreditunionconnection.com/first-capital-federal-credit-unions-ceo-is-on-the-go-thanking-our-local-non-profits-with-thousands-of-dollars/): As part of our 70th Anniversary celebration, First Capital Federal Credit Union President/CEO Sue DeStephano and team, were on the go the week of Thanksgiving, visiting seven local non-profits to give them ‘THOUSANDS’ of dollars. From October 14th – 25th, more than a thousand community members voted for their favorite non-profit to get a share of the money. We tallied the votes, and are excited to announce the seven lucky organizations are: Olivia’s House The ARC of York County Community Progress Council York JCC 18 South Youth Center York County SPCA York Habitat for Humanity \”As part of our 70th […] - [New MSUFCU On-Campus Location Open at UM Health-Sparrow](https://thecreditunionconnection.com/new-msufcu-on-campus-location-open-at-um-health-sparrow/): MSU Federal Credit Union (MSUFCU) and University of Michigan Health-Sparrow held a grand opening Monday, Dec. 2, for a new MSUFCU location in the UM Health-Sparrow building at 1215 E. Michigan Ave. in Lansing. “MSUFCU is committed to providing Sparrow team members the necessary resources and tools to achieve their financial goals and dreams,” said April Clobes, President and CEO at MSUFCU. “This specialty engagement space features video tellers, a technology bar, and office space for member meetings that can be scheduled with MSUFCU staff.” Additionally, the renewed partnership between MSUFCU and UM Health-Sparrow provides unique opportunities for financial education […] - [CHIPS® Celebrates Black Friday by Smashing Payments Record](https://thecreditunionconnection.com/chips-celebrates-black-friday-by-smashing-payments-record/): CHIPS cleared and settled 1,083,550 payments valued at $2.63 trillion, setting a new daily volume record. The CHIPS® network set a new record for transaction volume on Black Friday by clearing and settling 1,083,550 payments valued at $2.63 trillion. There are several factors that contributed to Black Friday\’s record volume. The CHIPS network is the premier USD clearing and settlement system for international payment activity, with 95% of CHIPS payments being the U.S. dollar leg of a funds transfer that begins or ends in another country. Many transactions on Friday, November 29, originated from foreign banks that do not observe the U.S. Thanksgiving […] - [Lumin Digital Secures $160 Million in Growth Funding](https://thecreditunionconnection.com/lumin-digital-secures-160-million-in-growth-funding/): Lumin Digital raises capital to further accelerate its business growth and continue the Company\’s momentum Lumin Digital today announced it has raised over $160M in growth equity financing, led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients. Lumin Digital plans to leverage the funding to accelerate its strategic growth initiatives, focusing on innovation and driving greater value for financial institutions, their members, and shareholders. This investment underscores the transformative power of digital banking platforms to modernize the industry and deliver always-on, customer-centric experiences. \”This is a powerful endorsement of Lumin Digital\’s impact on […] - [Envision Credit Union Enhances Self-Service Banking Through Expanded NCR Atleos Relationship](https://thecreditunionconnection.com/envision-credit-union-enhances-self-service-banking-through-expanded-ncr-atleos-relationship/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that Tallahassee, Fla.-based Envision Credit Union(“Envision CU”) has deepened its relationship with Atleos, selecting Atleos’ ATM as a Service (ATMaaS) and ITM as a Service (ITMaaS) solution to streamline operations within the self-service banking channel. Envision CU has been serving communities across North Florida and South Georgia for 70 years. An aging ATM fleet and internal resource constraints prompted the credit union to reimagine how it approached self-service banking, looking for a way to enhance internal efficiencies and drive member satisfaction. Envision CU also wanted to utilize its ATMs for business continuity […] - [DCUC Highlights Credit Unions\' Innovative Service to Military and Veterans](https://thecreditunionconnection.com/dcuc-highlights-credit-unions-innovative-service-to-military-and-veteransdcuc-letter-ahead-of-hfsc-1242024-hearing/): DCUC Letter Ahead of HFSC 12.4.2024 Hearing Today, the Defense Credit Union Council (DCUC) sent a letter to the House Financial Services Committee ahead of the committee’s hearing titled “Innovation Revolution: How Technology is Shaping the Future of Finance,” scheduled for Wednesday, December 4, 2024. In the letter, DCUC Chief Advocacy Officer Jason Stverak highlights the unique mission of defense credit unions in serving active-duty service members, veterans, and their families. Stverak outlines how these credit unions leverage innovative technologies to address the distinct challenges of military life, such as frequent relocations, extended deployments, and the need for rapid financial […] - [Shastic Announces Partnership with MeridianLink to Provide AI Workflow Automation for Banks and Credit Unions](https://thecreditunionconnection.com/shastic-announces-partnership-with-meridianlink-to-provide-ai-workflow-automation-for-banks-and-credit-unions/): Shastic has announced that its platform will be integrated with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies. Shastic’s innovative workflow automation solution is now available through the MeridianLink® Marketplace to help financial institutions automate processes traditionally managed by employees, enabling more streamlined operations and growth potential. This partnership reflects the similar missions of MeridianLink® and Shastic to democratize lending for community banks and credit unions, making advanced solutions accessible to thousands of financial institutions. This enhancement also allows MeridianLink to offer its customers a potential significant boost in operational […] - [Underground Thriller Coverage: Some Hard Questions Around CU Impact, Collaboration](https://thecreditunionconnection.com/underground-thriller-coverage-some-hard-questions-around-cu-impact-collaboration/): Several serious questions around the social impact of credit unions, why more consumers don’t know about CUs, and whether the long-time credit union practice of collaborating with each other is deteriorating were explored during a far-ranging discussion among CU leaders here. The issues, questions and proposed resolutions were discussed during a session titled “Making an Impact” during Mitchell Stankovic’s Underground Thriller meeting in Las Vegas, which was held in conjunction with the annual Money 20/20 conference. Participating as panelists were Renee Sattiewhite, president and CEO of the African-American Credit Union Coalition; Tom Kane, president and CEO of the Illinois league; […] - [European Network of Credit Unions (ENCU) Advocates for Proportional Regulatory Treatment in Brussels](https://thecreditunionconnection.com/european-network-of-credit-unions-encu-advocates-for-proportional-regulatory-treatment-in-brussels/): WOCCU International Advocacy leads effort in front of European Parliament officials and key policy departments of the European Commission Fourteen representatives of the European Network of Credit Unions (ENCU) last week converged on Brussels, Belgium to share the credit union mission with newly elected officials and advocate for regulatory relief from the European Commission’s Regulation on Financial Data Access (FiDA)— a new framework for access to customer data, and how that data is shared and used across a wide range of financial services.   ENCU representatives met with several new members of the European Parliament (MEPs) and officials with the […] - [TBA Credit Union Celebrates 69 Years by Paying it Forward](https://thecreditunionconnection.com/tba-credit-union-celebrates-69-years-by-paying-it-forward/): TBA Credit Union (TBACU) celebrated 69 years of providing services to its members. Every year, to celebrate TBA Credit Union’s birthday, the Credit Union conducts a Pay-it-Forward celebration. The Credit Union donated a total of $6,000 to the community throughout the month of November. Six teams were formed, consisting of team and board members, and six non-profits were selected to receive a $1,000 donation. Recipients included Cherryland Humane Society Rainbow Hope Farm Reining Liberty Ranch 22 2 None Single Momm Michael\’s Place The Pay It Forward celebration has been a tradition at TBA Credit Union since 2015. The purpose is […] - [Veridian Serves 1,300 Free Thanksgiving Meals at Annual Mike and Leona Adams Thanksgiving Dinner](https://thecreditunionconnection.com/veridian-serves-1300-free-thanksgiving-meals-at-annual-mike-and-leona-adams-thanksgiving-dinner/): Veridian Credit Union employees distributed 1,300 free Thanksgiving meals from the UAW Local 838 Union Hall in Waterloo, Iowa on Monday, November 25 for the 43rd annual Mike and Leona Adams Thanksgiving Dinner. The event is named for the late Mike and Leona Adams. Mike was a member of the UAW Local 838 and a board member for what is now Veridian Credit Union. He and his wife, Leona, brought both organizations together to serve the inaugural free community meal in November 1982 to provide a warm meal for families during the farm crisis. The event is now northeast Iowa’s […] - [Redwood Credit Union Community Fund Provides  $41,000 in Support for Lake County Fire Victims](https://thecreditunionconnection.com/redwood-credit-union-community-fund-provides-nbsp41000-in-support-for-lake-county-fire-victims/): The Redwood Credit Union Community Fund (RCUCF) recently disbursed $41,000 to those who lost their primary residence in the Boyles fire in Lake County. After at least 35 homes were lost in the fire, RCUCF was able to give $1,000 in support to 20 individuals and families who lost their primary residences, with an additional $1,000 for 21 schoolchildren affected. Through a partnership with Senator Mike McGuire’s office and the Konocti Unified School District, representatives from RCUCF dropped off the gift cards to support these students last month. “Our priority is helping the families and individuals affected by this devastating […] - [Education Credit Union Council Launches New Program to Support Smaller Credit Unions](https://thecreditunionconnection.com/education-credit-union-council-launches-new-program-to-support-smaller-credit-unions/): The Education Credit Union Council (ECUC) is excited to announce the launch of a new program designed to support smaller credit unions across the nation. The ECUC Small Credit Union Fund aims to provide opportunities for credit unions with assets under $100 million to attend the annual ECUC conference. “The annual ECUC conference provides a unique opportunity for education-based credit unions of all sizes to collaborate and learn. We don’t want the conference cost to prevent a small credit union from attending”, said Andy Grimm, President of the ECUC Board of Directors. The ECUC Small Credit Union Fund is made […] - [First Alliance Credit Union Honors Firehouse Roots with Firefighter Training Partnership](https://thecreditunionconnection.com/first-alliance-credit-union-honors-firehouse-roots-with-firefighter-training-partnership/): As flames test the spirit of Rochester firefighters during crucial training exercises this November, First Alliance Credit Union is proud to play a key role in supporting their mission. What makes this partnership even more meaningful is the credit union’s deep connection to the Rochester Fire Department—a history that dates back to 1932, when seven local firefighters and a teacher banded together to create what is now Rochester’s original credit union. A series of trainings is scheduled to take place at the credit union’s building off 37th Street NE. The training serves as an invaluable opportunity for the Rochester Fire […] - [Underground Thriller Coverage: What It’s Going to Take to Get to One-Billion CU Members](https://thecreditunionconnection.com/underground-thriller-coverage-what-its-going-to-take-to-get-to-one-billion-cu-members/): With the World Council of Credit Unions having announced an ambitious goal of one-billion credit union members—there are currently just over 400 million–three people offered their thoughts on what it’s going to take to hit that lofty target, sharing their views it’s going to require partnerships, fixing “aggravations” with regulators, and will need to begin with CU employees’ own membership status. The discussion came during Mitchell Stankovic’s Underground Thriller event in Las Vegas. It featured Brian Kaas, president of TruStage Ventures; Lecia Roundtree, chief people officer with Stanford FCU, Jim Morrell, president and CEO, Peninsula Credit Union, and Lisa Arthur, […] - [Pelican State Credit Union Pays Off $300,000 Worth of Debt for 39 Members](https://thecreditunionconnection.com/pelican-state-credit-union-pays-off-300000-worth-of-debt-for-39-members/): Pelican State Credit Union provided immense financial relief to 39 members by paying a total of $300,000 worth of their personal debt. The Pelican Pays Debt Program is a deeper commitment to the promise that it pays to be a Pelican member. The program is one of the many ways the credit union is fulfilling its mission to make a difference in its communities by providing accessible financial solutions for individuals and families in underserved markets. Pelican developed the program thanks to its Community Development Financial Institution (CDFI) designation and grant funding. The program offers recipients substantial relief from their […] - [Sunward to Finalize Acquisition of New Mexico Based Business from Mountain America Credit Union After Positive Vote](https://thecreditunionconnection.com/sunward-to-finalize-acquisition-of-new-mexico-based-business-from-mountain-america-credit-union-after-positive-vote/): Acquisition will close in the first quarter of 2025, expanding Sunward’s New Mexico footprint while giving new members access to new services and additional locations. Sunward, formerly known as Sandia Laboratory Federal Credit Union, and Mountain America Credit Union announced today that after a favorable vote by transitioning Mountain America Credit Union members, the previously announced proposed acquisition is proceeding with a targeted completion in the first quarter of 2025. “We are excited to welcome members and employees from Mountain America Credit Union to Sunward,” said Steph Sherrodd, Sunward President and CEO. “This addition will strengthen our position and ability […] - [Riverfront Federal Credit Union Announces Its New Digital Banking Solution from Lumin Digital](https://thecreditunionconnection.com/riverfront-federal-credit-union-announces-its-new-digital-banking-solution-from-lumin-digital/): Riverfront Federal Credit Union, based in Wyomissing, PA, today announced it has selected leading cloud-native digital banking provider, Lumin Digital (Lumin), as its new digital banking solution. As the banking landscape continues to become digitally driven, Riverfront places the needs of its members above all else, remaining competitive in its member offerings as the industry advances with new technologies. By selecting Lumin as its new digital banking provider, Riverfront\’s members will receive an elevated member service experience with frequent service upgrades, increased security, and enhanced convenience. \”Financial institutions must ensure they\’re continuously evolving to meet their members\’ changing needs, particularly […] - [First Credit Union Launches BNPL to Members, First in Arizona](https://thecreditunionconnection.com/first-credit-union-launches-bnpl-to-members-first-in-arizona/): Eligible members can now get more funds to pay for purchases over time First Credit Union, a credit union with over $750 million in assets and serving over 44,500 members across Arizona, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. First Credit Union’s FirstFunds BNPL program serves its members through their shopping journey, and includes both a pre-purchase feature that gives members access to extra funds prior to shopping, and a post purchase feature that converts eligible debit card transactions into installment loans. First Credit Union is the first credit union […] - [SDCCU President and CEO, Teresa Campbell, Recognized Among San Diego’s 2024 Most Influential People](https://thecreditunionconnection.com/sdccu-president-and-ceo-teresa-campbell-recognized-among-san-diegos-2024-most-influential-people/): San Diego Business Journal recognizes San Diego’s 500 most influential business leaders San Diego County Credit Union® (SDCCU®) is pleased to announce that SDCCU President and CEO, Teresa Campbell, was selected among the 2024 SD 500 – San Diego’s Most Influential People by San Diego Business Journal. This recognition represents the most influential and accomplished business leaders in San Diego, helping to drive the local economy while making a difference in the community. Under Campbell’s leadership, SDCCU’s customer base has more than doubled, reaching over 428,000 members. She is an effective and compassionate leader with a keen strategic vision that […] - [Making the Most of Credit Union and Vendor Negotiations](https://thecreditunionconnection.com/making-the-most-of-credit-union-and-vendor-negotiations/): Credit unions often rely on third-party vendors to provide certain services to members. However, when partnering with these vendors, credit unions may not be getting the most bang for their members’ buck. Contract negotiations between credit unions and their critical vendors are few and far between given the five to 10-year contracts involved. And, credit union leaders may be going in without all the information needed to make the most of the negotiation process. At the same time, vendors are needed more than ever as technology keeps evolving more rapidly and becomes all the more complex. Host and CoFounder of […] - [Teachers Federal Credit Union Announces Ben Alessi as Chief Financial Officer](https://thecreditunionconnection.com/teachers-federal-credit-union-announces-ben-alessi-as-chief-financial-officer/): Teachers Federal Credit Union, one of the largest credit unions in the United States with over $9.8 billion in assets and more than 460,000 members nationwide, is proud to announce the promotion of Ben Alessi to the role of Chief Financial Officer (CFO). Alessi has over 24 years of experience in the financial services industry, 18 of which have been dedicated to Teachers. In his new role, Alessi will oversee the financial strategy that fuels Teachers Federal Credit Union’s vision and mission, while working closely with the executive team to drive growth and member value. Alessi’s deep commitment to the […] - [Innovating While Preserving What Matters Most](https://thecreditunionconnection.com/0cdfdxhbg4dauj7idv25ai6u3706uk/): As the lending and financial services landscape continues to evolve, many credit unions struggle to remain relevant. The credit union member experience is often hindered by process that have been used for years that are now outdated and inefficient as well as regulatory practices. Because of these and other factors, credit unions are quickly losing members to fintechs and other lenders. In order for credit unions to remain successful, they must remember who they are and why they exist: to serve members.  Host and Co-founder of The Credit Union Connection Sarah Snell Cooke sat down with Joe Brancucci of CU […] - [Chartway Credit Union Receives Inaugural La Alianza Award from Washington Area Chamber of Commerce](https://thecreditunionconnection.com/chartway-credit-union-receives-inaugural-la-alianza-award-from-washington-area-chamber-of-commerce/): Award recognizes contributions to advancing Latino-owned businesses in Southern Utah Chartway Credit Union is proud to announce its recognition by the Washington Area Chamber of Commerce as the recipient of the inaugural La Alianza Award at the chambers’ 4th annual Rock and Roll Installation Gala and Community Hall of Fame Awards in Washington, Utah. This award highlights Chartway’s commitment to supporting diverse business communities and fostering growth in southern Utah. Chartway proudly engaged in local initiatives throughout 2024 as part of its commitment to the Hispanic community in Southern Utah, including its sponsorship of the Southern Utah Latino Business Alliance […] - [The Greater Southwest Chapter of Credit Unions Donate $9,000 to Michigan Food Pantries](https://thecreditunionconnection.com/the-greater-southwest-chapter-of-credit-unions-donate-9000-to-michigan-food-pantries/): On behalf of the Greater Southwest Chapter of Credit Unions, area credit unions are proud to donate a total of $9,000 to support three Michigan food pantries this holiday season. Each organization will receive $3,000 to help provide essential resources and nutritious meals to local families in need. The three recipient organizations are: Kalamazoo Loaves and Fishes Southwest Michigan Community Action Agency South Michigan Food Bank This joint effort highlights the credit union industry’s shared commitment to building strong Michigan communities by addressing food insecurity during the holidays. \”Supporting local organizations like the Southwest Michigan Community Action Agency, Kalamazoo Loaves […] - [Launch Credit Union and Community Credit Union of Florida End Merger Plan](https://thecreditunionconnection.com/launch-credit-union-and-community-credit-union-of-florida-end-merger-plan/): Launch Credit Union and Community Credit Union of Florida have announced that they have mutually decided not to move forward with their previously proposed merger. In a joint statement, Joe Mirachi, Launch’s President and CEO, along with Laurie Cappelli, President/CEO of Community Credit Union shared that “The reasons why are varied, and the decision to step back from the merger was not driven from financial reasons. Rather, it reflects a mutual recognition that our organizations, while both strong and well-positioned, have unique needs and priorities that didn’t fully align at this time.” The statement continued, “From the onset of our […] - [People\'s Credit Union Donates $10,000 to Farm Fresh RI](https://thecreditunionconnection.com/peoples-credit-union-donates-10000-to-farm-fresh-ri/): People’s Credit Union (PCU) has donated $10,000 to Farm Fresh RI in support of their work to empower local farmers and food producers. In September, Farm Fresh RI was PCU’s largest nonprofit partner in their inaugural Day of Purpose, which helped shine a spotlight on the ever-growing need for hunger assistance programs in local communities and the importance of making nutritious fresh produce accessible for all in need. “During our Day of Purpose, more than 100 PCU team members banded together with local nonprofits to help raise awareness of food insecurity in Rhode Island,” said Sean Daly, Head of People’s […] - [Teachers Federal Credit Union Celebrates Season Of Giving By Surpassing $1 Million In Annual Charitable Giving Donations](https://thecreditunionconnection.com/teachers-federal-credit-union-celebrates-season-of-giving-by-surpassing-1-million-in-annual-charitable-giving-donations/): Teachers Federal Credit Union concluded the year with its annual Season of Giving campaign by donating $50,000 to three outstanding nonprofit organizations Teachers Federal Credit Union, one of the largest credit unions in the United States with $9.8 billion in assets and more than 460,000 members nationwide, proudly concludes its fourth annual Season of Giving campaign, donating $50,000 to three nonprofit organizations. This effort capped off a record breaking year of charitable giving for the credit union, donating over $1,000,000 to 105 nonprofit organizations across the country. The Season of Giving campaign, which launched on Giving Tuesday, invited members and […] - [GTE Financial Spreads Holiday Cheer with Make Hope Real Initiative, Giving Back to Local Families](https://thecreditunionconnection.com/gte-financial-spreads-holiday-cheer-with-make-hope-real-initiative-giving-back-to-local-families/): This holiday season, GTE Financial is proud to continue its tradition of giving back to the Tampa Bay community through its Make Hope Real initiative. In a heartfelt show of support, the credit union selected four local families to receive special holiday gifts, including over $1,000 to help each family with holiday expenses, gas gift cards, Target gift cards, and Uber Eats gift cards. The selected families represent GTE Financial\’s diverse membership, and each had a unique story. The awarded families were nominated and celebrated by their respective GTE Financial locations in St. Petersburg, Town N’ Country, Lakeland, and Midtown […] - [American Heritage Credit Union Donates Hundreds of Gifts and Essentials to Local Families This Holiday Season](https://thecreditunionconnection.com/american-heritage-credit-union-donates-hundreds-of-gifts-and-essentials-to-local-families-this-holiday-season/): American Heritage’s Adopt-A-Family Programs Raises Over $27,000; Over 100 Individuals will Receive Various Toys, Clothing, Essentials, & Wish List Items American Heritage Credit Union (“American Heritage”) celebrates its annual giving initiatives through its Adopt-A-Family Program and donation drives to embody the credit union “people helping people” philosophy this holiday season. Over $27,000 was raised throughout the year through various fundraising efforts hosted by the Adopt-A-Family Program. These funds are used to purchase gifts and essentials for over 100 individuals in need, including both children and adults. American Heritage’s Adopt-A-Family Program, with the support of the Board of Directors, associates, and […] - [State Department Federal Credit Union (SDFCU) Launches New Digital Banking Platform](https://thecreditunionconnection.com/state-department-federal-credit-union-sdfcu-launches-new-digital-banking-platform/): State Department Federal Credit Union (SDFCU) is proud to announce the launch of its new digital banking experience, designed to deliver a smart, secure, and personalized experience to its global membership. This evolution in digital banking reflects SDFCU\’s commitment to serving members with unparalleled effectiveness. By listening to member needs and investing in cutting-edge technology, SDFCU is providing a platform that empowers members to manage their finances with ease and confidence, no matter where they are in the world. \”Our new digital banking platform is a testament to our member-centric approach,\” said Jim Hayes, CEO of SDFCU. \”We are confident […] - [EECU Reaches $4 Billion in Assets](https://thecreditunionconnection.com/eecu-reaches-4-billion-in-assets/): EECU recently reached a new milestone in its 90-year history. EECU is proud to announce it has surpassed $4 billion in total assets in the fourth quarter of 2024. Since crossing the $2 billion threshold in 2017, the credit union has doubled in asset size in just seven years. Originally founded in 1934, EECU is currently the second-largest credit union based in the Dallas-Fort Worth metroplex and in 2024 was ranked by Forbes as one of the best credit unions in the state of Texas. \”This milestone is a testament to the value of the products and services we offer at EECU,\” […] - [Jack Henry\'s Symitar Solidifies Position as the Leading Platform for Credit Unions](https://thecreditunionconnection.com/jack-henrys-symitar-solidifies-position-as-the-leading-platform-for-credit-unions/): Callahan & Associates\’ annual report highlights market gains and sustained leadership amid industry expansion Callahan & Associates confirmed Jack Henry\’s Symitar platform as the top platform for credit unions in its annual ranking of financial technology providers. Symitar® has been listed as the top platform every year since 2018. The report included 28 core platforms serving credit unions with $400 million in assets or more. Seven of these platforms gained clients this year, with Jack Henry achieving the most significant growth. More than 700 credit unions leverage Symitar across three providers: Jack Henry, Member Driven Technologies (MDT), and Synergent. The platform remains […] - [Nook and Ascent Partner to Improve Credit Union Member Experience](https://thecreditunionconnection.com/nook-and-ascent-partner-to-improve-credit-union-member-experience/): Ascent to aid Nook in delivering frictionless member experience to growing credit unions Today, Ascent Platform has announced a partnership with Nook, a new CUSO focused on revitalizing relationships in banking. The partnership will empower credit unions to deliver targeted member experiences with reduced application abandonment. Application abandonment remains a significant challenge for lead generation in credit unions, which Ascent is able to solve. Nook assists credit unions in creating tailored experiences for their members, enabling these institutions to support and guide members throughout their financial journey. By partnering with Ascent, Nook aims to allow clients to make full use of […] - [Mountain America Credit Union Sponsors Thanksgiving Point’s New Must-See Destination](https://thecreditunionconnection.com/mountain-america-credit-union-sponsors-thanksgiving-points-new-must-see-destination/): Utah’s largest indoor prehistoric playground and interactive STEM connection; Mountain America Jurassic Jungle now open Mountain America Credit Union announced its sponsorship of Thanksgiving Point’s newest attraction, the Mountain America Jurassic Jungle, a brand-new five-story indoor play space where prehistory meets adventure. This state-of-the-art playground features dozens of interactive elements designed to engage and excite visitors of all ages. “We are proud to expand our support for Thanksgiving Point in bringing Jurassic Jungle to life,” said Sterling Nielsen, president and CEO at Mountain America. “This incredible play space will undoubtedly become a cherished destination for families across Utah and beyond.” […] - [California Credit Union Delivers Holiday Toys & Gifts To Los Angeles Boys & Girls Club](https://thecreditunionconnection.com/california-credit-union-delivers-holiday-toys-amp-giftsto-los-angeles-boys-amp-girls-club/): California Credit Union has partnered with the Los Angeles Boys & Girls Club to bring some holiday magic to hundreds of Club kids, providing over 525 new toys and gifts donated by the credit union, its employees, and members. “At California Credit Union, we believe in the power of giving back, especially during the holiday season,” said California Credit Union President/CEO Steve O’Connell. “We\’re proud to support the Los Angeles Boys & Girls Club and help bring a little extra joy to the children and families they serve. Our team is committed to making a positive impact in our community, […] - [Get Ready! The FY 2025 CDFI Program and NACA Program Application is Opening Soon!](https://thecreditunionconnection.com/get-ready-the-fy-2025-cdfi-program-and-naca-program-application-is-opening-soon/): Interested in applying to the upcoming fiscal year (FY) 2025 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program)? The Community Development Financial Institutions Fund (CDFI Fund) is tentatively planning to open the FY 2025 CDFI Program and NACA Program Application round this winter. Now is a great time for organizations to begin preparing to apply for a CDFI Program or NACA Program award. To help your organization prepare for the upcoming CDFI Program and NACA Program Application round, please review the steps below, and stay tuned for additional news […] - [LGE Foundation Donates Over $400,000 to Local Nonprofits](https://thecreditunionconnection.com/lge-foundation-donates-over-400000-to-local-nonprofits/): On Wednesday, Dec. 11, 2024, the LGE Community Outreach Foundation presented $402,517.20 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.  The event recognized nonprofit organizations throughout metro Atlanta and northwest Georgia and each organization was invited to speak and share donor impact stories with the credit union’s approximately 340 employees. Nonprofits that received donations from the LGE Foundation included Calvary Children’s Home, CASA of Paulding County, The Drake House, McKenna Farms Therapy Services, MUST Ministries, Next Step Ministries, SafePath Children’s Advocacy Center, Sexual Assault Center of Northwest Georgia, United Military Care, and Warehouse of Hope. In […] - [Metallicus Acquires FinTech Bonifii, Connecting 70+ Credit Unions to Metal Blockchain](https://thecreditunionconnection.com/metallicus-acquires-fintech-bonifii-connecting-70-credit-unions-to-metal-blockchain/): Acquisition establishes first Credit Union Service Organization backed by blockchain core developer Metallicus has announced its acquisition of FinTech Bonifii, a Credit Union Service Organization (CUSO) formerly known as ‘CULedger’. The two entities will establish a CUSO, allowing blockchain based products to be leveraged by credit unions that deploy on The Digital Banking Network (TDBN), an open source blockchain banking protocol developed by Metallicus. The acquisition enables more than 70 of Bonifii’s current credit union customers to leverage the capabilities of Metal Blockchain, The Digital Banking Network’s Layer 0 blockchain. “Bonifii has made great progress in bringing blockchain technology to […] - [The Velera Payments Index: December 2024](https://thecreditunionconnection.com/the-velera-payments-index-december-2024/): Today, Velera – formerly PSCU/Co-op Solutions, published the December edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. The 2024 holiday shopping season is in full swing and heading toward the rush of the final spending days. As multiple sentiment studies show continued consumer optimism and favorable expectations of inflation on the horizon, consumers spent record amounts online this year during the peak five-day shopping period from Thanksgiving through Cyber Monday. In our December 2024 edition of the […] - [TTCU Ranked Best Credit Union in Oklahoma by Forbes](https://thecreditunionconnection.com/ttcu-ranked-best-credit-union-in-oklahoma-by-forbes/): TTCU Federal Credit Union was recently voted the best credit union in the state by Oklahomans in a survey conducted by Forbes. Only 3 percent of credit unions in America receive this designation every year. “We are honored to receive this recognition from Forbes,” President and CEO Shelby Beil said. “It’s a testament to the incredible work our team does serving members every day. I want to thank our members for putting their trust in us as their financial institution of choice.” Forbes identified its Best in State credit unions based on an independent survey of approximately 26,000 U.S. consumers […] - [NCUA Releases Q3 2024 State-Level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q3-2024-state-level-credit-union-data-report/): Assets and loans at federally insured credit unions rose at the median over the year ending in the third quarter of 2024, while shares and deposits declined, according to the latest NCUA Quarterly U.S. Map Review. Nationally, median asset growth over the year ending in the third quarter of 2024 was 0.3 percent. That compares with a 1.6 percent decline during the same period one year ago. Median growth in shares and deposits over the year ending in the third quarter of 2024 was negative 0.4 percent, compared with negative 3.5 percent a year ago. Loans outstanding at federally insured […] - [SECU Foundation Initiates Phase Two Disaster Relief Package of $1.75 Million for Western North Carolina](https://thecreditunionconnection.com/secu-foundation-initiates-phase-two-disaster-relief-package-of-175-million-for-western-north-carolina/): SECU Foundation’s Board of Directors approved a phase two disaster relief package with an additional $1.75 million in grants to three organizations, providing intermediate assistance to the hardest hit residents and communities impacted by Hurricane Helene. Funds awarded will help address temporary housing needs, financial crises, and food insecurity. Grantees include:  Baptists on Mission – a $1 million grant to support its Essential Rapid Repairs program. The Salvation Army of the Carolinas – a $500,000 grant to expand its capacity and help ensure impacted families receive financial aid to recover effectively. MANNA Food Bank – a $250,000 grant for a […] - [DCUC Commends Congressman French Hill’s Introduction of Key Legislation,“Military Financial Services Protection Act of 2024”](https://thecreditunionconnection.com/dcuc-commends-congressman-french-hills-introduction-of-key-legislationmilitary-financial-services-protection-act-of-2024/): The Defense Credit Union Council (DCUC) applauds Congressman French Hill, Chair-elect of the House Financial Services Committee, for introducing the “Military Financial Services Protection Act of 2024.” “Our service members and their families deserve and have earned the best services we can provide them. I am proud to lead the Military Financial Services Protection Act so that the Department of Defense fully understands the intersection of financial services and defense,” said Congressman Hill. “Supporting our brave men and women in uniform and their families is of the utmost importance to me, and that starts with ensuring they have peace of […] - [Valley First Credit Union Selects Christopher Dalman as Chief Information Officer (CIO)](https://thecreditunionconnection.com/valley-first-credit-union-selects-christopher-dalman-as-chief-information-officer-cio/): Valley First Credit Union proudly announces Christopher Dalman as its new Chief Technology Officer (CTO). Dalman will drive the Credit Union’s technological innovation, enhancing infrastructure, cybersecurity, and member services while aligning strategies with its mission of \”Making Good Happen.\” With a proven track record in technology leadership, he is set to advance operational efficiency and deliver superior service to the communities Valley First Credit Union serves across California’s Central Valley. \”We are thrilled to welcome Chris Dalman to the Valley First Credit Union team,” said Kathryn Koepf, President/CEO of Valley First Credit Union. “As we look to the future of […] - [Discovery Federal Credit Union Donates $2,000 to Support Berks County Veterans](https://thecreditunionconnection.com/discovery-federal-credit-union-donates-2000-to-support-berks-county-veterans/): Discovery Federal Credit Union proudly announced a $2,000 donation to the Berks County Veterans Temporary Assistance Program, managed by the Department of Veterans Affairs. This critical program is dedicated to helping local veterans in Berks County who have fallen on hard times by providing immediate financial assistance to prevent homelessness and address urgent needs such as food, transportation, and housing stability. The Berks County Veterans Temporary Assistance Program exclusively serves veterans within Berks County. All funds remain within the local community, with no administrative fees or fund maintenance costs, ensuring every dollar directly benefits those who need it most. By […] - [NH Governor Purchases First 2025 Make-A-Wish® Calendar Alongside Wish Children and NH Credit Unions](https://thecreditunionconnection.com/nh-governor-purchases-first-2025-make-a-wish-calendar-alongside-wish-children-and-nh-credit-unions/): New Hampshire Governor Christopher Sununu purchased the first 2025 Make-A-Wish (MAW) Calendar last week at a special kick-off celebration at the State House with a Make-A-Wish New Hampshire wish family and representatives from New Hampshire’s Credit Unions. The New Hampshire Credit Unions Social Responsibility Committee sponsors the MAW Calendar now in its 18th year. The calendars, limited to 2,500, give the recipient chances to win daily, weekly, and monthly cash prizes all year-long. “Almost all 2,500 calendars have been distributed for purchase at participating credit unions throughout  the state and they are striving to sell them all,” stated Brian Hughes, […] - [CU Strategic Planning Bids Fond Farewell to Shirley Senn as She Embarks on a Mission to Preserve Small Credit Union Charters](https://thecreditunionconnection.com/cu-strategic-planning-bids-fond-farewell-to-shirley-senn-as-she-embarks-on-a-mission-to-preserve-small-credit-union-charters/): CU Strategic Planning, a Callahan & Associates company, announces the transition of Shirley Senn, Chief Consulting Officer and former owner, who, after a decade of significant contributions to the pioneering CDFI consulting firm is stepping into the next chapter of her impactful career. Senn is dedicating her time and expertise to preserving small credit union charters and establishing new charters that serve distinct community needs. Senn has been an instrumental contributor within CU Strategic Planning’s team, helping the organization secure over $1 billion in awards and grants for CDFI credit unions. Her efforts have empowered credit unions to bring transformative […] - [CU SoCal Honors Teachers for Supporting Financial Literacy Program](https://thecreditunionconnection.com/cu-socal-honors-teachers-for-supporting-financial-literacy-program/): Credit Union of Southern California (CU SoCal) honored Whittier Union High School District for its support of the credit union\’s financial literacy program by giving $75 Target gift cards to the district\’s teachers and staff. Between November 19 and 21, more than 300 educators visited CU SoCal\’s Whittier Greenleaf branch to accept their gift cards. \”We were thrilled for this opportunity to connect with the teachers and staff of Whittier Union High School District in such a meaningful way,\” said Melissa Manning, CU SoCal\’s Vice President of Business and Talent Development. \”Financial literacy is a crucial life skill, and programs […] - [HC3 and Apiture Announce Strategic Partnership to Enhance Digital Banking Through Digital Statements](https://thecreditunionconnection.com/hc3-and-apiture-announce-strategic-partnership-to-enhance-digital-banking-through-digital-statements/): HC3 today announced a strategic partnership with Apiture to deliver digital statements seamlessly through the Apiture Digital Banking Platform. The partnership enables Apiture bank and credit union clients to provide their account holders with secure, immediate access to statements powered by HC3 directly from online and mobile banking channels. Apiture clients choosing HC3 can drive engagement and boost satisfaction by enabling personalized and mobile-friendly statements on demand compared to paper statements that are susceptible to interception or loss during mailing. HC3’s enhanced back-office administrative interface, HC3 Connect, allows financial institutions to manage system configurations for customer service, research customer accounts […] - [Financial Plus Credit Union Celebrates Billboards of Inclusion Winners with Billboards Across Genesee County](https://thecreditunionconnection.com/financial-plus-credit-union-celebrates-billboards-of-inclusion-winners-with-billboards-across-genesee-county/): Financial Plus Credit Union is thrilled to announce that the three winners of the Billboards of Inclusion: Minority Business Spotlight contest—The Artis Collection, Drinks of Essence, and Wombman Unspoken—now have their billboards displayed prominently across Genesee County. These billboards will remain visible for four weeks, offering a platform to amplify their unique businesses. \”We\’re proud to support these inspiring businesses as they strengthen community connections and provide valuable products and services,\” said Allen Williams, Diversity Equity and Inclusion Business Partner at Financial Plus Credit Union. “The Billboards of Inclusion campaign reflects our commitment to championing diversity and inclusion in the […] - [USSFCU Celebrates the Season of Giving with Significant Holiday Donations and Community Initiatives](https://thecreditunionconnection.com/ussfcu-celebrates-the-season-of-giving-with-significant-holiday-donations-and-community-initiatives/): This holiday season, the United States Senate Federal Credit Union (USSFCU) is proud to give back to the community through generous donations and impactful initiatives. Supporting local non-profits and creating opportunities for staff and members to contribute, USSFCU exemplifies the spirit of the season. Financial Contributions to Non-Profit OrganizationsAs part of its commitment to supporting those in need, USSFCU has donated more than $56,000 to several local and national organizations. CEO Timothy Anderson personally delivered many of these donations, reinforcing the credit union’s hands-on approach to community engagement. Contributions include: Capital Area Food Bank: $15,000 to combat food insecurity in […] - [UMassFive Awards Local Business with $10,000 UMass Athletics Advertising Package in Small Business Spotlight Contest](https://thecreditunionconnection.com/umassfive-awards-local-business-with-10000-umass-athletics-advertising-package-in-small-business-spotlight-contest/): UMassFive College Federal Credit Union (UMassFive) is thrilled to announce Sexton Roofing & Siding as the grand prize winner of its inaugural Small Business Spotlight contest. Driven by community nomination, the contest winner was formally announced at the final UMass football home game of the season at McGuirk Alumni Stadium on November 30, which was also Small Business Saturday. Sexton Roofing & Siding will be receiving a $10,000 value advertising package with UMass Athletics—allowing the business to be featured on digital displays, radio reads, email blasts, and with tabling opportunities at the Mullins Center in Amherst during UMass basketball and […] - [Lenders Cooperative & Ventures Lending Technologies Announce Transformative Merger, Creating a Powerful End-to-End Lending and Servicing Platform](https://thecreditunionconnection.com/lenders-cooperative-amp-ventures-lending-technologies-announce-transformative-merger-creating-a-powerful-end-to-end-lending-and-servicing-platform/): Lenders Cooperative and Ventures Lending Technologies today announced their intent to merge, creating an entity that will deliver best-in-class commercial loan origination and integrated commercial loan servicing capabilities to a wide range of financial institutions. By bringing together the loan originations expertise of Lenders Cooperative and the servicing capabilities of Ventures Lending Technologies, this merger sets the stage for the combined organization to become the premier technology company offering loan solutions and shared services for commercial banks, credit unions, Certified Development Companies (CDCs), Community Development Financial Institutions (CDFIs), and other fintech companies providing commercial and government guaranteed loans to their […] - [DCUC Leads Industry in Success with Clean FY 2025 NDAA Passage](https://thecreditunionconnection.com/dcuc-leads-industry-in-success-with-clean-fy-2025-ndaa-passage/): The Defense Credit Union Council (DCUC) commends the U.S. Senate for passing a clean version of the “Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025” (NDAA). DCUC is especially pleased to see that the legislation does not include the Durbin-Marshall Credit Card Competition Act (CCCA) amendment or any interchange language or related study proposals that could give rise to similar regulations. Throughout 2024 and in prior years, DCUC has been relentless in leading the industry’s opposition of proposals that could undermine the credit union mission or jeopardize the financial security of our Nation’s military […] - [VyStar Credit Union Honored with Prestigious Urban Land Institute Award for Excellence with Innovative Parking Garage Design](https://thecreditunionconnection.com/vystar-credit-union-honored-with-prestigious-urban-land-institute-award-for-excellence-with-innovative-parking-garage-design/): VyStar Credit Union has won the top award in the Urban Development category from the Urban Land Institute (ULI) of North Florida for its state-of-the-art parking garage in downtown Jacksonville. The VyStar Parking Garage, located at 28 W. Forsyth Street, is a seven-story, 239,929-square-foot structure that sets a new standard for urban parking solutions. With 767 parking spaces, nine electric-charging stations and street-level commercial spaces, the garage is a beacon of sustainable and community-driven design. Its innovative, fabric-covered steel façade and customizable LED lighting elevate the structure\’s architectural appeal, bringing new energy to downtown Jacksonville.  \”We are deeply honored to […] - [Robins Financial Credit Union Raises $155,000 for the United Way of Central Georgia through Employee Donations ](https://thecreditunionconnection.com/robins-financial-credit-union-raises-155000-for-the-united-way-of-central-georgia-through-employee-donationsnbsp/): Robins Financial Credit Union recently donated $155,000 to the United Way of Central Georgia. The funds were raised exclusively through employee contributions during the credit union\’s Annual United Way Campaign.   This milestone marks the 26th consecutive year that Robins Financial has supported United Way’s initiatives, underscoring the organization’s commitment to giving back. The funds reflect the dedication of the credit union’s employees to fostering change and addressing the needs of the local community.  “I am extremely proud of our team’s generosity and commitment to making a difference,” said Dee Dee Côté, Executive Vice President of Robins Financial Credit Union. “Our […] - [Golden 1 Credit Union Receives Top Rankings on Money\'s Best Banks in America List](https://thecreditunionconnection.com/golden-1-credit-union-receives-top-rankings-on-moneys-best-banks-in-america-list/): Credit Union Recognized Across Four Categories, Named as Best Bank for Seniors and Best Bank and Credit Union in California Golden 1 Credit Union (Golden 1) was recently recognized in Money\’s 2024-2025 Best Banks in America list for the third consecutive year, underscoring the Credit Union\’s commitment to exceptional service and supporting members and communities across all life stages. Golden 1 was awarded top recognition in four categories, including being named \”Overall Best Banks for Seniors\” and \”Overall Best Banks and Credit Unions in California.\” \”These recognitions underscore Golden 1\’s dedication and mission of delivering exceptional financial services and support […] - [Velera Joins Forces with The Knoble in Effort to Combat Human Crime](https://thecreditunionconnection.com/velera-joins-forces-with-the-knoble-in-effort-to-combat-human-crime/): Velera – formerly PSCU/Co-op Solutions, today announced its partnership with The Knoble, a global alliance dedicated to disrupting human crime. Comprising financial services professionals, law enforcement, regulators and non-governmental organizations (NGOs), partners of The Knoble and its network aim to lead and innovate more effective ways to fight human crime. The Knoble’s mission is to harness the collective power of these groups and unite them in a shared commitment to combat human trafficking, child exploitation, financial scams, elder abuse and other forms of exploitation that leave individuals vulnerable and at risk of personal or financial harm. Financial institutions are on […] - [Pioneer FCU Selects Payfinia’s Instant Payment Xchange for Real-Time Payments Solution](https://thecreditunionconnection.com/pioneer-fcu-selects-payfinias-instant-payment-xchange-for-real-time-payments-solution/): Pioneer Federal Credit Union (Pioneer FCU, $746 million in assets and 50,000 members) selected Payfinia’s Instant Payment Xchange (IPX), an open, real-time payments framework, to elevate cash management services for its retail and business banking members. Mountain Home, Idaho-based Pioneer FCU needed a money movement solution that offered a self-service, instant payment option for credit transfer send and receive. IPX delivers enhanced instant payment capabilities that bring significant value to Pioneer FCU’s members, consumers and businesses, as well as layered security controls to mitigate fraud. “Pioneer FCU is dedicated to introducing solutions that make a real difference in our members\’ […] - [Koin Credit Union and North Star Community Credit Union Enhance Member Experience with Mahalo’s Thoughtful Banking Platform](https://thecreditunionconnection.com/koin-credit-union-and-north-star-community-credit-union-enhance-member-experience-with-mahalos-thoughtful-banking-platform/): Mahalo Banking has announced that Tennessee-based Koin Credit Union (Koin CU) and North Dakota-based North Star Community Credit Union (North Star CCU) are now live on its Thoughtful Banking® platform. Both credit unions prioritize exceptional technology as instrumental to their core strategic initiatives and the platform delivers high-quality digital experiences for their members. Mahalo Banking has experienced rapid growth in the credit union sector, with its Thoughtful Banking® platform now powering the digital experiences of a growing number of credit unions nationwide. This expansion reflects Mahalo\’s unwavering commitment to delivering innovative, member-centric digital banking solutions that elevate user experience, strengthen […] - [Time for CFPB Reform and a True Focus on Protecting Consumers](https://thecreditunionconnection.com/time-for-cfpb-reform-and-a-true-focus-on-protecting-consumers/): Samantha A.M. Beeler, President of the League of Southeastern Credit Unions: “Over the last four years, the Consumer Financial Protection Bureau (CFPB) has increasingly strayed from its core mission to protect consumers and promote fairness in the financial marketplace. What was once hailed as a vital consumer watchdog has become a politically charged agency that prioritizes ideology over its intended purpose. Instead of tackling issues that truly harm consumers—like predatory payday lenders for example, the CFPB has spent years chasing settled issues and engaging in politically motivated enforcement actions. It is time for reform—and for the Department of Government Efficiency […] - [MessagePay and AKUVO Partner to Infuse Collections with Advanced Payment Technology](https://thecreditunionconnection.com/messagepay-and-akuvo-partner-to-infuse-collections-with-advanced-payment-technology/): Today MessagePay announced its integration into AKUVO\’s Virtual Collector, a key component of the company’s collections platform.  AKUVO’s Virtual Collector is designed to empower borrowers to manage their delinquent accounts in a self-service manner, reducing the need for direct interaction with collection agents.  The integration of MessagePay will allow mutual customers to provide borrowers with more convenient payment options. Borrowers will be able to perform self service payments from Virtual Collector with ease with payment information tracked directly within AKUVO’s collections platform.   \”Embedding our payment technology directly within AKUVO’s Virtual Collector streamlines the entire payment process, making it more user-friendly […] - [Glia Introduces Latest AI Innovations, Including Glia Quality AnalystGPT](https://thecreditunionconnection.com/glia-introduces-latest-ai-innovations-including-glia-quality-analystgpt/): New AI-powered solution enables contact center leaders to uncover trends and customer needs at scale through automated customer interaction analysis Glia has extended the powerful capabilities of its Responsible AI platform, which includes the launch of Quality AnalystGPT, an advanced AI-powered tool designed to analyze customer interactions. With Quality AnalystGPT, contact center managers can now quickly and easily uncover customer needs and trends, evaluate performance and quality at scale, and identify opportunities for coaching and improvement based on context from across all customer interactions. Launched earlier this year, Glia’s ChannelLess® Responsible AI platform specifically built for the financial services industry, Glia Cortex, […] - [CFPB Takes Action on Bait-and-Switch Credit Card Rewards Tactics](https://thecreditunionconnection.com/cfpb-takes-action-on-bait-and-switch-credit-card-rewards-tactics/): Agency warns companies against illegal devaluation of rewards and other unlawful practices, highlights issues with retail credit cards, and launches a tool to help find cards with lower rates The Consumer Financial Protection Bureau (CFPB) announced major actions today to protect consumers from illegal credit card practices and help people save money on interest and fees. In a circular to other law enforcement agencies, the CFPB warned that some credit card companies operating rewards programs may be breaking the law, including by illegally devaluing rewards points and airline miles. The CFPB also published new research finding that retail credit cards—which […] - [Park Community Credit Union and Simmons College of Kentucky Partner to Support a Brighter Future](https://thecreditunionconnection.com/park-community-credit-union-and-simmons-college-of-kentucky-partner-to-support-a-brighter-future/):  Park Community Credit Union, Kentucky’s largest Community Development Financial Institution (CDFI) Credit Union, and Simmons College of Kentucky, Kentucky’s first Historically Black College- University (HBCU) have formalized a ten-year partnership to amplify the impact of both mission-aligned organizations to foster a shared sense of belonging and lasting, positive change within the community. Together, Simmons College and Park Community Credit Union aim to empower our community, fuel the dreams of students and community members, and cultivate a deeper sense of belonging for all involved. The key initiatives of the partnership include financial education programs to equip students with essential financial skills, […] - [SIKORSKY CREDIT UNION DONATES $27,000 FOR THE HOLIDAYS](https://thecreditunionconnection.com/sikorsky-credit-union-donates-27000-for-the-holidays/): Sikorsky Credit Union donated $27,000 and toys to local non-profit organizations in time for the holidays. This holiday season, Sikorsky Credit Union branches hosted toy drives to benefit children in need. The collected toys were donated to the Sterling Community Center, Community Action Agency of Western Connecticut, Boys & Girls Club of Milford, McGivney Community Center and Boys & Girls Club of Lower Naugatuck Valley. Each of these organizations, along with Impact Trumbull, Danbury Youth Services, Center for Family Justice and Seymour Pink, also received a $3,000 holiday donation from Sikorsky Credit Union.  Amanda Meeson, Executive Director of Sterling Community […] - [Underground Thriller Coverage: An Update on What CUs are Doing in Response to War in Ukraine](https://thecreditunionconnection.com/underground-thriller-coverage-an-update-on-what-cus-are-doing-in-response-to-war-in-ukraine/): It’s been nearly three years since Russia invaded Ukraine, and credit unions in that country, Poland and the U.S. have continued to respond to help victims of the war, including those displaced to Poland. Among the responses has been the creation of the Via Stella Foundation, which was jointly founded by Poland’s credit unions; Brian Branch, the former president and CEO of the World Council of CUs, and Mitchell Stankovic Associates. That foundation has done extensive fundraising to help purchase ambulances, provide medical care to women, to support refugees and to help Ukrainian orphans, among other efforts. Credit unions gathered […] - [8-Step Plan for Handling a PR Crisis & the Role of Legal](https://thecreditunionconnection.com/legal-pr-crises-credit-unions/): Sarah Snell Cooke, CEO, Cooke Consulting Solutions Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. We’ve seen quite a few headlines involving credit union crises lately: Citadel became the first-ever credit union to pay out a settlement with the DoJ for redlining – $6M VyStar is facing legal action and a $1.5M settlement with CFPB for its botched mobile banking rollout Initial stories went on for a month+ around May 2022 Class action suit filed in June 2022 Quiet for 2 years, and then BAM – CFPB fine Navy Federal was ordered to pay more than $95M: […] - [Introducing AImail™ - A Fully Managed Marketing Solution Designed for Financial Institutions](https://thecreditunionconnection.com/introducing-aimail-a-fully-managed-marketing-solution-designed-for-financial-institutions/): AI-powered Email Service Transforms Marketing ROI by Handling Strategy, Execution and Optimization for Community Banks and Credit Unions As financial institutions face increasing pressure to deliver personalized communications at scale, DeepTarget introduces AImail™, a groundbreaking full-service solution that enables community banks and credit unions to achieve enterprise-level marketing services. This surprisingly affordable service leverages AI-powered email automation to help financial institutions meet their growing communication challenges. The launch of AImail™ builds upon DeepTarget\’s mission to democratize enterprise-level marketing capabilities for community financial institutions. This solution, available immediately, comes with transparent, results-based pricing that aligns with community institution budgets. \”You’ve got […] - [CFPB Report Finds Mortgage Companies Create Obstacles for Homeowners After Death or Divorce](https://thecreditunionconnection.com/cfpb-report-finds-mortgage-companies-create-obstacles-for-homeowners-after-death-or-divorce/): Surviving family members or spouses report being caught in a customer service doom loop The Consumer Financial Protection Bureau (CFPB) issued a report on the experiences of homeowners dealing with their mortgage company after divorce or the death of an original borrower. Many homeowners report that their servicers push them to take on new, higher-interest loans instead of keeping their existing mortgage. Homeowners also report recurring requests from servicers for the same or updated documents extending over months and sometimes years, at the same time they are dealing with the death of a loved one or a divorce. Domestic violence […] - [Global Credit Union Foundation Golf Tournament Raises $130,000 for Local Arizona Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-130000-for-local-arizona-nonprofits/): Global Credit Union partners gathered at the historic Phoenix Country Club for the annual Global Credit Union Foundation Fairway Friends Golf Tournament November 4. Tournament sponsors donated $130,000 to support Operation Homefront and Girl Scouts Cactus-Pine.  “Our annual golf tournament always raises considerable funds for local nonprofits,” said Geoff Lundfelt, President of the Global Credit Union Foundation. “But this year I am especially grateful for the generosity of our members, friends, and business partners. These funds will do significant good in the community, and I can’t thank you enough.” $65,000 was given to the Girl Scouts Cactus-Pine, whose mission is to […] - [JetStream Federal Credit Union Employees Collect Toys for Children of Kristi House in Annual Holiday Drive](https://thecreditunionconnection.com/jetstream-federal-credit-union-employees-collect-toys-for-children-of-kristi-house-in-annual-holiday-drive/): JetStream Federal Credit Union is proud to announce its successful holiday toy drive benefiting the children of Kristi House. For the second year in a row, JetStream employees rallied together to collect new, unwrapped toys to brighten the holiday season for children and families served by Kristi House, a non-profit organization dedicated to providing support for young survivors of sexual abuse, human trafficking, and other forms of abuse. Kristi House has a longstanding tradition of organizing a holiday toy drive to ensure that children in their programs receive gifts, creating a joyful holiday experience amid difficult circumstances. The organization, which […] - [North Island Credit Union & Escondido Art Association Celebrate Local Arts and Culture in Annual Holiday Party](https://thecreditunionconnection.com/north-island-credit-union-amp-escondido-art-associationcelebrate-local-arts-and-culture-in-annual-holiday-party/): North Island Credit Union’s Escondido branch and the Escondido Art Association recently welcomed local officials, artists and community members for a festive holiday event celebrating local arts and culture. The event was held in the credit union’s Community Room, which displays a rotating collection of artworks by local artists in partnership with the Escondido Art Association. The party was a warm and welcoming gathering, with attendees enjoying seasonal refreshments, lively conversation and the opportunity to connect with local artists. Local officials, including Escondido Mayor Dane White and Public Art Commissioner Carol Rogers, were in attendance, underscoring the collaborative commitment to […] - [South Carolina Federal Opens New Financial Center in Greenville](https://thecreditunionconnection.com/south-carolina-federal-opens-new-financial-center-in-greenville/): South Carolina Federal Credit Union has opened its fifth financial center in Greenville located at 111 The Parkway. Designed with convenience in mind, the credit union\’s Thornblade location features a self-service Online Banking kiosk, two teller stations for account transactions, five offices for new account and lending needs, two drive-thru lanes, and 24/7 ATM access. The lobby is enhanced by a large-scale photographic mural of downtown Greenville, showcasing the Reedy River and River Place Bridge in all their beauty. \”As one of the best credit unions in the state, we\’re excited to offer the community another full-service location where members […] - [NCUA Board Approves 2025–2026 Budget; Succession Planning Final Rule](https://thecreditunionconnection.com/ncua-board-approves-20252026-budget-succession-planning-final-rule/): The National Credit Union Administration Board held its ninth and final open meeting of 2024 and approved the agency’s 2025‒2026 operating budgets and a final rule on succession planning. 2025 and 2026 Budgets Approved The Board unanimously approved the NCUA’s Operating, Capital, and National Credit Union Share Insurance Fund administrative budgets for 2025 and 2026. “Give-and-take is an essential part of any organization’s policymaking and budgeting processes, and the budget before us reflects that principle in action,” NCUA Chairman Todd M. Harper said. “This funding plan demonstrates the NCUA’s strong financial stewardship, and it will allow the agency to effectively […] - [Credit Unions For Kids National Advisory Boards Adds Three New Members](https://thecreditunionconnection.com/credit-unions-for-kids-national-advisory-boards-adds-three-new-members/): Credit Unions for Kids, a national collaboration of credit unions raising funds for Children’s Miracle Network Hospitals, is excited to announce the appointment of three new members to its national Advisory Board: Renee Sattiewhite, Larry Palochik, and Seth Schaefer. These distinguished leaders bring a wealth of expertise and passion to the Credit Unions for Kids mission of improving the lives of children across the United States. Renee Sattiewhite is the President/CEO at the African-American Credit Union Coalition (AACUC), and has been a long-time leader in the credit union industry. Renee has received many awards for enacting innovation and improvement across […] - [CFPB Finalizes Rule to Protect Homeowners on Solar Panel Loans and Other Home Improvement Loans Paid Back Through Property Taxes](https://thecreditunionconnection.com/cfpb-finalizes-rule-to-protect-homeowners-on-solar-panel-loans-and-other-home-improvement-loans-paid-back-through-property-taxes/): Lenders offering ‘PACE products’ banned from setting borrowers up to fail on clean energy and disaster readiness loans Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule mandated by Congress that applies existing residential mortgage protections to Property Assessed Clean Energy (PACE) loans. PACE loans are used by homeowners for clean energy upgrades and disaster readiness that are paid back through their property tax bills. Because of concerns about subprime-style lending that puts homeowners at risk of losing their home, Congress required the CFPB to enhance protections. The rule will ensure that PACE borrowers have the right to receive […] - [Cetera Welcomes Lighthouse Credit Union](https://thecreditunionconnection.com/cetera-welcomes-lighthouse-credit-union/): New England-based credit union with 88-year legacy to partner with Cetera Financial Institutions to grow and deliver member-focused investment program Cetera Financial Group, the premier financial advisor Wealth Hub, announced that Lighthouse Credit Union has entered into a networking agreement with Cetera Financial Institutions in the delivery of its member-focused investment program, Lighthouse Wealth Advisors. Lighthouse Credit Union, established in 1936 at the Portsmouth Naval Shipyard in Maine, has grown significantly over the years. Today, it manages approximately $2 billion in assets as of Dec. 1, 2024, and serves more than 165,000 members. Recently, the credit union transitioned from a […] - [Vizo Financial Makes a Difference with 2024 Community Initiatives](https://thecreditunionconnection.com/vizo-financial-makes-a-difference-with-2024-community-initiatives/): As a result of its 2024 community initiatives, Vizo Financial Corporate Credit Union made a notable difference in the communities surrounding its Columbia, S.C.; Greensboro, N.C.; Pittsburgh, Pa.; and Middletown, Pa. locations.   Children’s Miracle Network Hospitals & Victory Junction Vizo Financial has supported both Children’s Miracle Network (CMN) Hospitals and Victory Junction for many years, and 2024 was no exception. This year, the Corporate showed their support for the organizations by sponsoring, hosting and/or participating in the following events: • Carolinas Cup for Victory Junction in Randleman, N.C. • CMN Hospitals Telethon for Penn State Health Children’s Hospital in […] - [Robins Financial Credit Union Celebrates its 70th Anniversary by Donating $1 Million Back to the Community](https://thecreditunionconnection.com/robins-financial-credit-union-celebrates-its-70th-anniversary-by-donating-1-million-back-to-the-community/): Robins Financial is proud to announce that it has successfully reached its goal of donating $1 million to local non-profits and initiatives during its 70th anniversary year. This significant contribution positively impacted more than 230 organizations and shows the dedication the credit union has to the community. \”We are honored to fulfill our promise of donating $1 million back to the community to commemorate our 70th anniversary,” said Christina O’Brien,President and CEO of Robins Financial Credit Union. “People helping people is the credit union philosophy and we are proud to be able to give back in such a substantial way […] - [Addition Financial Credit Union and Envision Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/addition-financial-credit-union-and-envision-credit-union-announce-intent-to-merge/): Addition Financial Credit Union and Envision Credit Union announced their plans to merge two award-winning institutions and expand service to members from Central Florida, North Florida, and South Georgia. Under the terms of the agreement, which is subject to approval from the National Credit Union Administration (NCUA) and a membership vote, the combined credit union will continue to operate as Addition Financial Credit Union under the leadership of current President and CEO, Kevin Miller. Once the merger is complete, the credit union will hold nearly $4 billion in assets and serve more than 248,000 members across 38 branches in two […] - [Future-Proof Your Credit Union](https://thecreditunionconnection.com/future-proof-your-credit-union/): How Effective Succession Planning Gives You the Edge Michael Wolsten, Michael Wolsten Consulting Building a great succession plan isn’t just about filling vacancies when someone retires or moves on—it’s about thinking ahead, seeing the bigger picture, and preparing for the future in a way that benefits the whole team. Let’s explore why succession planning is a game-changer and how to ensure your team\’s success no matter what happens next. \”Succession planning isn’t just about filling seats—it’s about understanding your team’s strengths, cultivating internal leadership, and preparing for both the future you can see and the surprises you can’t.\” Success is […] - [NCUA’s Q3 Data Shows Credit Unions’ Bread and Butter Getting Wiped Away](https://thecreditunionconnection.com/ncuas-q3-data-shows-credit-unions-bread-and-butter-getting-wiped-away/): Jake Cooke for The Credit Union Connection Several striking points jump out of the NCUA’s Q3 credit union data. It highlights the good, the bad, and the direction the industry is going. Year over year, the third quarter of 2024 experienced an increase of $82 billion in total assets in federally insured credit unions, a 3.7% growth to a total of $2.31 trillion. Additionally, insured shares and deposits rose by 2.6% year over year, for a total of $1.76 trillion, an increase of $44 billion. However, the report did not highlight only sunshines, rainbows and growth amongst credit unions. Q3 […] - [Raiz Federal Credit Union has named Weatherli Holt its new Chief Financial Officer](https://thecreditunionconnection.com/raiz-federal-credit-union-has-named-weatherli-holt-its-new-chief-financial-officer/): Raiz Federal Credit Union has named Weatherli Holt its new Chief Financial Officer after conducting a nationwide executive search. Weatherli will assume her new role on December 16, 2024.   \”We are thrilled to have Weatherli Holt as our new Chief Financial Officer. Her experience and expertise will be a valuable addition to our dynamic organization. We believe she will contribute significantly to our mission and passion for service, and we look forward to accomplishing great things together,\” Kiana Wright, Executive Vice President, stated. Weatherli brings 22 years of Accounting and Finance expertise, including 10 years of executive-level leadership within the […] - [Texas Trust Gives Foundation Donates $5,000for Toys to WFAA’s Santa’s Helpers](https://thecreditunionconnection.com/texas-trust-gives-foundation-donates-5000for-toys-to-wfaas-santas-helpers/): The Texas Trust Gives Foundation cheerfully donated $5,000 to television station WFAA’s Santa’s Helpers toy drive. Santa’s Helpers, in its 55th year serving Dallas, Tarrant, Collin, and Denton counties, collects new toys and bicycles for children up to 18 years old to ensure every child has something new for Christmas. The financial gift from Texas Trust will be used by Santa’s Helpers to purchase needed toys at wholesale prices. The toys will be dispersed to children throughout the DFW metroplex through more than a dozen local charities and community support organizations. “Santa\’s Helpers makes sure more than 50,000 children across […] - [Perry Upper Elementary School Transforms Classroom with $10,000 LAFCU Innovationfor Education Grant](https://thecreditunionconnection.com/perry-upper-elementary-school-transforms-classroom-with-10000-lafcu-innovationfor-education-grant/): Grant funds immersive undersea-themed mural, cutting-edge technology, and cozy learning spaces LAFCU, a Michigan-based credit union, proudly awarded its $10,000 LAFCU Innovation for Education (LIFE) Grant to Perry Upper Elementary School, enabling an extraordinary classroom transformation. The grant, part of LAFCU’s Pathway to Financial Transformation initiative, was presented to Eric Bentley, the school’s STEM teacher. The LIFE Grant funded a remarkable undersea-themed mural, conceptualized and painted by local muralist Barb Darling, who dedicated 80 hours to creating the immersive artwork. The mural, alongside additional enhancements, has created an inspiring and interactive learning environment for Perry Upper Elementary students in grades […] - [Velera Announces Winners of Miracle Momentum Awards in Support of Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/velera-announces-winners-of-miracle-momentum-awards-in-support-of-childrens-miracle-network-hospitals/): Velera has announced the winning hospitals of the Miracle Momentum Awards. Introduced in October 2024 as a part of Velera’s longstanding partnership with CU4Kids, the program called on credit unions throughout the country to nominate their local Children’s Miracle Network (CMN) hospital to receive a $10,000 donation. Velera received nearly 500 nominations from over 225 credit unions for nearly 70 hospitals. This year’s winning hospitals, located across 18 states are: Akron Children\’s Hospital (Ohio) Baylor Scott & White McLane Children\’s Medical Center (Texas) Boston’s Children’s Hospital (Massachusetts) Children\’s Hospital Los Angeles (California) Children\’s Hospital of Georgia (Georgia) Children\’s Hospital of […] - [Elan Credit Card Donates $150,000 to American Red Cross Hurricane Relief to Support Impacted Partners](https://thecreditunionconnection.com/elan-credit-card-donates-150000-to-american-red-cross-hurricane-relief-to-support-impacted-partners/): Elan today announced a $150,000 donation to the American Red Cross to support relief and recovery efforts in communities impacted by Hurricanes Milton and Helene, on behalf of our partners. “Our hearts go out to our teammates, partners, and communities affected by Hurricanes Milton and Helene,\” said Aaron Melnarik, Elan Credit Card Director of Client Relationships. “The intent of the Elan Charitable Giving program is to support our partners beyond a business relationship and the communities they serve. By donating directly to the American Red Cross, we know that their teams will continue to deliver immediate and long-term resources to […] - [CFPB Uncovers Illegal Practices Across Student Loan Refinancing, Servicing, and Debt Collection](https://thecreditunionconnection.com/cfpb-uncovers-illegal-practices-across-student-loan-refinancing-servicing-and-debt-collection/): Report addresses issues faced by borrowers with federal and private loans Today, the Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student loan markets. The report covers violations related to student loan refinancing, private lending and servicing, debt collection, and federal loan servicing. “Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits,” said CFPB Director Rohit Chopra. “Student loan companies should not profit by violating the law.” Find solutions related to this content on the […] - [DCUC Congratulates Representative French Hill on Chairmanship of the House Financial Services Committee, Outlines Key Priorities](https://thecreditunionconnection.com/dcuc-congratulates-representative-french-hill-on-chairmanship-of-the-house-financial-services-committee-outlines-key-priorities/): On Friday, December 13, 2024, the Defense Credit Union Council (DCUC) sent a letter extending its congratulations to Representative French Hill on his selection as Chairman of the House Financial Services Committee. In the letter, DCUC Chief Advocacy Officer Jason Stverak emphasized the critical role Hill’s leadership will play in shaping policies that bolster the financial system and protect consumers. Stverak highlighted two key bipartisan priorities for the incoming Congress that are vital to the credit union industry and the financial well-being of millions of Americans, the passage of the Credit Union Board Modernization Act and the permanent expansion of […] - [Partner With Fintechs to Keep Your Members Money Safer](https://thecreditunionconnection.com/credit-union-and-fintech-partnerships-more-important-than-ever/): Credit unions have been trying a lot of different things in order to stay relevant, from embracing and upgrading their technology to making processes more efficient. Relevancy is just one of many reasons credit unions are looking toward partnerships with fintechs and other companies to help deliver the best experience possible for members. These partnerships may also bring more to credit union and its services than initially expected, such as bringing to light solutions that credit unions are not even aware of but have been used by the rest of the banking industry for years! ModernFI CEO Paolo Bertolotti and […] - [CDFI Fund Reminder: Annual Compliance, Certification and other Reporting Obligations](https://thecreditunionconnection.com/cdfi-fund-reminder-annual-compliance-certification-and-other-reporting-obligations/): Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award, Assistance and/or Allocation? If so, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s), you must complete and submit the annual report(s) specified in these agreement(s).  Additionally, to maintain your organization’s CDFI Certification status all Certified CDFIs still must submit an Annual Certification and Data Collection Report (ACR). The due dates to submit annual compliance report(s) vary by fiscal year end date and type of award, as well as by […] - [White Clay Advises Banks and Credit Unions to Prioritize Relationships in 2025](https://thecreditunionconnection.com/white-clay-advises-banks-and-credit-unions-to-prioritize-relationships-in-2025/): Understanding customer relationships helps financial institutions deliver personalized and differentiated experiences White Clay, a fintech that guides banks and credit unions to build deeper and more profitable relationships, advises financial institutions to focus on defining, understanding, and strengthening relationships to position themselves as their customers’ primary financial institution. Financial institutions’ business models are shifting. While gathering deposits remains a top priority for banks and credit unions in 2025, they must also balance this focus with the growing demand for lending. To stay competitive, financial institutions must rethink how they approach customer relationships, moving from a transactional to relationship-based model. While […] - [S&P Upgrades PenFed Auto Loan Securitizations Due to Strong Performance](https://thecreditunionconnection.com/sampp-upgrades-penfed-auto-loan-securitizations-due-to-strong-performance-1/): S&P Global Ratings upgraded ratings on two classes and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2022-A. PenFed Credit Union received notable upgrades on the ratings of the bonds issued through its inaugural prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2022-A (PNFED 2022-A) due to strong performance. S&P has revised the Cumulative Net Loss (CNL) expectations of the PNFED 2022-A transaction to 0.40 bps from the current estimate of 0.70 bps. Their original estimate of CNL was 1.40 – 1.60 bps at the time of closing. S&P has also upgraded the C and […] - [TAPCO Credit Union Announces Successful Launch of Lumin Digital for an Enhanced Digital Banking Experience](https://thecreditunionconnection.com/tapco-credit-union-announces-successful-launch-of-lumin-digital-for-an-enhanced-digital-banking-experience/): TAPCO Credit Union announced the successful implementation of its new digital banking solution from leading cloud-based digital banking provider, Lumin Digital As the financial landscape continues to evolve, TAPCO Credit Union needed a digital banking solution to provide its members with a superior banking experience that could keep pace with changing user expectations. The team at TAPCO needed a modern, cloud-native solution that would provide enhanced security and scalability. Having implemented Lumin\’s digital banking platform, which boasts zero-disruption weekly updates and frequent new features, TAPCO Credit Union can provide its members with advanced features and functionalities such as enhanced debit […] - [MDT Launches MDT Compass App for Credit Union Community](https://thecreditunionconnection.com/mdt-launches-mdt-compass-app-for-credit-union-community/): MDT has announced the launch of its MDT Compass App, a cloud-based solution that allows credit unions to stay informed and connected to MDT services and support no matter where they are. Credit unions increasingly require accessibility and mobility, seeking the ability to seamlessly engage on the go. With the MDT Compass App, credit unions can manage tasks, access critical updates and communicate anytime, anywhere from the convenience of their smartphones and digital devices. The app’s streamlined workflows and real-time updates are saving credit unions time and its immediate access to support and system updates are enhancing credit union communication. […] - [America\'s Credit Unions, Financial Trades and Banks File Lawsuit Against CFPB\'s Overdraft Final Rule](https://thecreditunionconnection.com/americas-credit-unions-financial-trades-and-banks-file-lawsuit-against-cfpbs-overdraft-final-rule/): Jackson, Miss. – America\’s Credit Unions today announced it is jointly pursuing legal action alongside the American Bankers Association (ABA), Consumer Bankers Association (CBA), Mississippi Bankers Association, and banks directly affected by the Consumer Financial Protection Bureau\’s (CFPB) final rule on overdraft services. With its new regulation, the CFPB exceeds its regulatory authority. More importantly, the CFPB fails to appropriately consider how its actions will harm the consumers who most benefit from the access to the liquidity enabled by overdraft services. America’s Credit Unions President and CEO Jim Nussle issued the following statement on the lawsuit: “The CFPB issuing its final rule […] - [Young Leaders Empower Future of Credit Unions at WYCUP Virtual Global Summit](https://thecreditunionconnection.com/young-leaders-empower-future-of-credit-unions-at-wycup-virtual-global-summit/): Global gathering highlights diversity, inclusion and innovation in financial services The World Young Credit Union Professionals (WYCUP) network on Thursday hosted its 2024 Virtual Global Emerging Leaders Summit, drawing 160 registered participants from over 30 credit unions and organizations in 21 countries. Attendees represented countries such as Australia, Bangladesh, Barbados, Brazil, Canada, Jamaica, Kenya and the United States, spanning diverse age groups, genders and job roles to showcase the broad and inclusive reach of the credit union movement and highlight the power of international collaboration. “This event is a testament to the incredible potential of young leaders in the credit union […] - [Royal Credit Union Brings Test Drive Reality Fair To White Bear Lake Area High School](https://thecreditunionconnection.com/royal-credit-union-brings-test-drive-reality-fair-to-white-bear-lake-area-high-school/): Royal Credit Union (Royal) and White Bear Lake Area High School partnered for the first time to present students with a signature financial education experience Test Drive…Next Stop Reality® (Test Drive). Test Drive is a simulation of real life when it comes to money and finances. The event was held on Thursday, December 12 at White Bear Lake Area High School. Over 650 students and 200 volunteers participated in the event. In addition to Royal team members, many members of the White Bear Lake community helped throughout the day. “It was such a pleasure to have our Career Pathways program […] - [Global Credit Union Foundation Gives $65,000 to Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-gives-65000-to-local-nonprofits/): The Global Credit Union Foundation donated $65,000 to community nonprofits in Alaska and Arizona. The donations were part of the Foundation’s 2024 quarterly distribution of funds to its nonprofit partners in areas served by the credit union.  “We’ve partnered with these nonprofits because we’ve seen firsthand the good they do in the community,” said Noël Gabler, Executive Director, Global Credit Union Foundation. “Many of the vital services they provide can’t be obtained anywhere else, and we can’t thank them enough for their commitment to helping others.” Recipients of funds include: $20,000 to Covenant House Alaska – Covenant House Alaska is […] - [Employees From Multiple Credit Unions Recognized; New Hires/Promotions Announced](https://thecreditunionconnection.com/employees-from-multiple-credit-unions-recognized-new-hirespromotions-announced/): Employees from multiple credit unions including AmFirst and Eglin Federal Credit Union were recognized for their achievements, and Workers Credit Union and People’s Credit Union announced changes to their leadership. New Hires Bay Federal Credit Union is excited to announce the return of Creedence Shaw as Vice President of Business Services. In this role, Mr. Shaw will lead Bay Federal’s Business Services Department, focusing on providing outstanding business lending and deposit services for small to middle-market businesses across Santa Cruz, San Benito, and Monterey Counties. By fostering greater economic mobility and supporting the creation of quality jobs, Mr. Shaw aims […] - [American Association of Credit Union Leagues Winter Conference Focuses on Advocacy and Collaboration](https://thecreditunionconnection.com/american-association-of-credit-union-leagues-winter-conference-focuses-on-advocacy-and-collaboration/): The American Association of Credit Union Leagues (AACUL) recently concluded its highly anticipated 2024 Winter Conference in Miami, Florida, which brought together over 250 leaders from the credit union industry, including League Presidents, League Chairs, League Executives, federal and state regulators, America’s Credit Unions leadership and board, and key business partners to chart the future of credit union advocacy and collaboration.  Under the theme of \”Comprehensive Collaboration\”, the conference featured impactful discussions aimed at strengthening advocacy efforts, fostering innovation, and addressing critical industry challenges. In addition to a robust General Session, participants engaged in tailored sessions within specific collaboration tracks […] - [SECU Foundation Supports North Carolina Museum of Art Foundation\'s Artist Innovation Mentorship Program](https://thecreditunionconnection.com/secu-foundation-supports-north-carolina-museum-of-art-foundations-artist-innovation-mentorship-program/): SECU Foundation has announced a $300,000 grant to the North Carolina Museum of Art (NCMA) Foundation to help expand its Artist Innovation Mentorship (AIM) program for midde school youth in rural and underserved areas of North Carolina. With the expansion, the AIM program can reach 1,200 youth annually and by 2028 can serve 50 counties.  Established as a pilot in 2021, AIM connects local artists from universities, community colleges, fellowships, and art organizations with students to provide positive role models and foster creative thinking strategies through artmaking. The students’ work is featured in local community galleries, parades, and exhibitions. In […] - [Patriot Equity Credit Union Selects New CEO](https://thecreditunionconnection.com/patriot-equity-credit-union-selects-new-ceo/): The Patriot Equity Credit Union Board of Directors has selected Jason Ross as their new President/Chief Executive Officer to lead their credit union effective December 16, 2024. \”We are thrilled and excited to welcome Jason as our new leader, \”stated Danny Crossett, Chairman of the Board. \”The Board of Directors conducted a national search, and they worked very hard to find the best executive leader to take Patriot Equity Credit Union to the next level,\” continued Mr. Crossett. \”It is a privilege to lead Patriot Equity Credit Union as we continue its 95-year legacy of serving the Jackson, Tennessee community. […] - [Team Members with Addition Financial Credit Union Volunteer 300 Hours to Central Florida Nonprofits During “Season of Giving”](https://thecreditunionconnection.com/team-members-with-addition-financial-credit-union-volunteer-300-hours-to-central-florida-nonprofits-during-season-of-giving/): The holiday season is the volunteering season for many Addition Financial team members, as employees of the Lake Mary-based credit donated more than 300 hours of time to support nonprofit organizations across Central Florida as part of Addition Financial’s “Season of Giving.” Team members at Addition Financial organized festive volunteer events for nonprofits in need around the holidays, assisting with anything from building gingerbread houses with adults with disabilities to wrapping donated gifts for children in need. Some of the Central Florida nonprofits Addition Financial volunteers donated their time to in November and December include: · Orlando Family Stage · […] - [All One Credit Union Honoring 70 Years in Business](https://thecreditunionconnection.com/all-one-credit-union-honoring-70-years-in-business/): All One Credit Union (formerly known as Leominster Credit Union) is honoring our 70 Years in Business by organizing 70 Acts of Kindness within the diverse communities we serve. We kicked off the celebration on Giving Tuesday, December 3, 2024, which is a movement that inspires people all over the world to give back, collaborate and celebrate generosity. Our 70 Acts of Kindness initiative will conclude before the holidays. Among the Acts were delivering pastries to local senior centers, care packages and cookies to police stations, supplies and food to animal shelters, making donations to Leominster High School for a […] - [The $5 Overdraft and Credit Unions](https://thecreditunionconnection.com/5-dollar-overdrafts-credit-unions/): Jake Cooke for The Credit Union Connection The Consumer Financial Protection Bureau (CFPB) released a new slate of regulations with the intent of ensuring “very large financial institutions adhere to consumer protections required of similarly situated products.” This new ruling, which applies Reg Z to overdrafts, will only directly impact institutions with more than $10 billion in assets. “The final rule updates an exception that provides that a charge for overdraft is not a finance charge if the financial institution has not previously agreed in writing to pay items that overdraw an account,” according to the CFPB executive summary. “The […] - [Unitus Community Credit Union Celebrates 2024 with $744,866 in Community Giving](https://thecreditunionconnection.com/unitus-community-credit-union-celebrates-2024-with-744866-in-community-giving/): Annual contributions, community impact grants, and holiday drive donations result in new record for annual giving Unitus Community Credit Union reached a record $744,866 in community contributions in 2024, supporting nonprofits addressing critical needs, including Clackamas Service Center, Schoolhouse Supplies, and IRCO (Immigrant and Refugee Community Organization). The credit union’s giving included eleven Community Impact Grants, ranging from $25,000 to $42,000, to Oregon Human Development Corporation (OHDC), Bienestar, Latino Network, AWARE Food Bank, Western Oregon University Foundation, Business Impact NW, Wetlands Conservancy, WorldOregon, IRCO, Worldwide Foundation of Credit Unions, and GoWest Foundation for Urban League of Portland. Unitus leveraged a […] - [North Island Credit Union Delivers Holiday Toys & Gifts To Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-delivers-holiday-toys-amp-giftsto-boys-amp-girls-clubs-of-greater-san-diego/): North Island Credit Union recently partnered with the Boys & Girls Clubs of Greater San Diego to bring some holiday magic to hundreds of Club kids across San Diego County. The credit union recently donated over 500 new toys and gifts to the Boys & Girls Clubs of Greater San Diego as part of its annual Holiday Life Changers program. Credit union volunteers were also on hand during the event to help wrap and organize gifts for the kids for Club members and their families. “At North Island Credit Union, we believe in the power of giving back, especially during […] - [Eltropy Sets New Standard in Credit Union Vendor Consolidation Through Unified Platform Approach](https://thecreditunionconnection.com/eltropy-sets-new-standard-in-credit-union-vendor-consolidation-through-unified-platform-approach/): Single platform eliminates integration risk while reducing total cost of ownership for credit unions Eltropy today announced a strengthened commitment to vendor consolidation through its comprehensive, enterprise-wide solution. As credit unions face mounting pressure to streamline operations and reduce costs, Eltropy\’s unified platform approach eliminates the “hairball effect” – the complex web of disconnected point solutions that create operational inefficiencies, security vulnerabilities, and rising costs. \”Credit unions shouldn\’t have to piece together solutions from different vendors for text messaging, AI, fraud prevention, branch operations, and member communications,\” said Ashish Garg, Co-founder and CEO of Eltropy. \”Our platform brings everything together […] - [TruStage Announces Jon Winderman as next Chief Financial Officer ](https://thecreditunionconnection.com/trustagetm-announces-jon-winderman-as-next-chief-financial-officernbsp/): TruStage, a financially strong insurance, investment and technology provider, announced today the appointment of Jon Winderman as the company’s next Chief Financial Officer (CFO). Winderman replaces Laurie Winger, who is retiring at the end of 2024 after more than 30 years of service to the company.    “Jon brings over 25 years of deep financial acumen and a breadth of broad business experience to TruStage,” said Terrance Williams, President & CEO of TruStage. “From his extensive background in strategic financial oversight of a diverse product portfolio, to his skill in finance systems and operations, to his passion for developing talent within […] - [4 Trends Shaping the 2025 Lending Landscape](https://thecreditunionconnection.com/4-trends-shaping-the-2025-lending-landscape/): Matt Potere, CEO, Happy Money High interest rates, skyrocketing consumer debt and advances in technology all converged to make this year’s lending landscape highly complex. Looking ahead, there are several shifts in motion that could create a notable opportunity for credit unions to strengthen their lending strategies and better support members’ financial health in 2025 and beyond. The credit unions that heed the following trends and respond appropriately will be well-positioned to leverage their capital in such a way that enables growth and portfolio diversification while helping members reach their goals. Fed rate cuts will drive lending strategy decisions. The […] - [Southwest Financial Federal Credit Union Taps Appli to Guide Members Through the Pre-Application Lending Experience](https://thecreditunionconnection.com/southwest-financial-federal-credit-union-taps-appli-to-guide-members-through-the-pre-application-lending-experience/): Kroger-affiliated credit union selects new market entrant\’s AI-powered calculator to help members better understand their borrowing options Appli announced that Dallas-based Southwest Financial Federal Credit Union has selected its AI-powered financial calculator solution to better serve its members.  Southwest Financial Federal Credit Union (FCU), which began as Kro-Dal Federal Credit Union in 1962, serving Kroger associates and their families, will implement Appli\’s financial calculators to give members better insight into their borrowing options before applying for loans. \”We wanted to give our members the opportunity to self-educate about their lending options in a safe environment,\” said Melanie Kennedy, President of […] - [UMassFive Donates Hundreds of Winter Coats and Clothing Items](https://thecreditunionconnection.com/umassfive-donates-hundreds-of-winter-coats-and-clothing-items-1/): UMassFive College Federal Credit Union (UMassFive) is proud to share that their members, staff, and community partners have donated hundreds of winter coats and clothing items to Amherst Survival Center, the Gray House in Springfield, and Net of Compassion in Worcester. Donations were gathered through a collection drive held at UMassFive’s Hadley, Northampton, Springfield, and Worcester branches this fall. \”We were eager to try and get coats into the community earlier this year,” said Cait Murray, Community Outreach Manager at UMassFive, commenting on the change in timing of this annual drive. “Our members and employees answered the call by making […] - [$500,000 ACT Grant Awarded to Fund Newport News Public Schools\' New Teacher Institute Program](https://thecreditunionconnection.com/500000-act-grant-awarded-to-fund-newport-news-public-schools-new-teacher-institute-program/): Four leading companies partner in support of education and workforce development mission Today, the BayPort Foundation, Ferguson, Newport News Shipbuilding, a division of HII, and Virginia Natural Gas announced that the Newport News Education Foundation has been awarded the $500,000 Accelerating Change Together (ACT) Grant to support the Newport News Public Schools (NNPS) New Teacher Institute (NTI) program. The ACT Grant extends the four companies\’ existing charitable giving and social impact efforts to its education and workforce development mission. The three-year, $500,000 step-down grant will provide the funding necessary for NTI to answer the regional call to build a workforce […] - [Underground Thriller Coverage: Why Some Leaders are ‘Pissed Off’ at Where Some Credit Unions are Going](https://thecreditunionconnection.com/underground-thriller-coverage-why-some-leaders-are-pissed-off-at-where-some-credit-unions-are-going/): During a panel session titled “Courage” the CEO of one small CU said he’s “calling out the industry” and is “pissed off” at the direction it’s going. He was joined by several other people who had some similarly strong comments on what they believe is taking place in credit unions. The comments came during a panel discussion that was part of Mitchell Stankovic’s Underground Thriller meeting. Participating as panelists were: • Shellye Carpenter, director of partner relations with BALANCE • Shirley Senn, chief consulting officer with CU Strategic Planning • Scott Prior, president and CEO of Connection Credit Union Barb […] - [Tyndall Shares $16 Million in Profits with Members](https://thecreditunionconnection.com/tyndall-shares-16-million-in-profits-with-members/): Tyndall Federal Credit Union deposited over $16 million in profits into more than 86,000 of its members’ accounts on Wednesday. Tyndall has shared more than $78 million in profits with its member owners over recent years. Members earned these deposits based on six criteria: Online Banking, Bill Pay, Direct Deposit, Card Usage, e-Statements, and loan products. “Credit unions were created to help everyday people save money, access credit, and improve their lives,” said Frances Martin, Chair of Tyndall’s Board of Directors. “As a board, we take our fiduciary responsibility seriously. Our priority is always, ‘How can we make it easier […] - [RTN GoodWorks Foundation Celebrates Giving Tuesday with $3,000 in Donations to Local Charities](https://thecreditunionconnection.com/rtn-goodworks-foundation-celebrates-giving-tuesday-with-3000-in-donations-to-local-charities/): The RTN GoodWorks Foundation, a nonprofit, public charitable foundation affiliated with Merrimack Valley Credit Union (MVCU), has made donations totaling $3,000 to five local non-profit organizations in celebration of Giving Tuesday. Each of the following organizations received a $750 donation from the foundation: Africano Waltham, which serves youth and families from Africa—primarily from Uganda—who have emigrated to the U.S. and live in Waltham, Mass. Essex County Community Foundation’s Greater Lawrence Summer Fund, which enabled 4,360 children in Lawrence to participate in 46 summer enrichment programs in 2024. Latinos en Acción de Waltham, a non-profit organization devoted to the development and […] - [Synergent and equipifi Announce Partnership to Expand Credit Union Access to Buy Now, Pay Later Platform](https://thecreditunionconnection.com/synergent-and-equipifi-announce-partnership-to-expand-credit-union-access-to-buy-now-pay-later-platform/): Credit unions using Synergent to access Jack Henry’s Symitar core processing platform can now easily launch BNPL to elevate member experience Synergent® is pleased to announce their new partnership with equipifi®,the leading Buy Now, Pay Later (BNPL) platform for financial institutions. Through this partnership, credit unions who work with Synergent will be able to launch their own BNPL programs through their digital banking apps, helping members split their larger purchases into flexible installment loans. Synergent has been providing credit unions with access to the Symitar® core processing platform for over twenty years, along with integrated payments and marketing solutions. With […] - [UBIZ Taps Rapid Finance and LoanPro to Modernize its Lending Capabilities and Drive Scalable Growth](https://thecreditunionconnection.com/ubiz-taps-rapid-finance-and-loanpro-to-modernize-its-lending-capabilities-and-drive-scalable-growth/): Rapid Finance, a leading small business financing platform specializing in providing customized solutions, announced its partnership with UBIZ Venture Capital, a non-profit Community Development Financial Institution (CDFI) dedicated to serving minority and disadvantaged businesses. Through this partnership, UBIZ successfully modernized its lending operations by integrating Rapid Finance’s loan origination system (LOS), Decisioneer, and its pre-built integration with LoanPro’s API-first lending and credit platform. As a result, UBIZ was able to overcome operational challenges and position itself for significant growth.   The integration between Decisioneer and LoanPro’s advanced lending solution provides a seamless transition from loan origination to management and servicing. The […] - [Gelde Advisors Teams Up with CU Revest to Resolve Unwanted Credit Union CRE Loans](https://thecreditunionconnection.com/gelde-advisors-teams-up-with-cu-revest-to-resolve-unwanted-credit-union-cre-loans/): Gelde Advisors is pleased to announce it has joined with industry leading CUSO CU Revest to enhance its platform in helping Credit Unions resolve unwanted CRE loans – both performing and distressed. Gelde is a recognized facilitator of CRE loan resolution services. CU Revest is an asset management CUSO with a 30-plus year history of helping Credit Unions easily manage and monetize their distressed and charge-off member debt. As collaborating organizations, Gelde and CU Revest are building upon and expanding services that help Credit Unions reset their CRE portfolios and improve capital positions while mitigating or eliminating risk. Here\’s how […] - [TruWest® Credit Union Sponsors American Lung Association’s Annual Lung Force Walk](https://thecreditunionconnection.com/truwest-credit-union-sponsors-american-lung-associations-annual-lung-force-walk/): TruWest Credit Union proudly joined forces with the American Lung Association on Nov. 2 as a sponsor of the annual Lung Force Walk, an event dedicated to raising awareness and funds for the fight against lung disease. Team TruWest, comprising nearly 40 enthusiastic participants, took to the path in support of lung health and the vital work of the American Lung Association. As a community-driven organization, TruWest Credit Union remains committed to making a difference through initiatives that promote health and well-being. “TruWest Credit Union is honored to support the American Lung Association and its mission to improve lung health […] - [APCU/Center Parc Credit Union Joins with MarkIII to Expand Access to Credit for Members](https://thecreditunionconnection.com/apcucenter-parc-credit-union-joins-with-markiii-to-expand-access-to-credit-for-members/): APCU/Center Parc Credit Union (APCU/Center Parc) is excited to announce an agreement with MarkIII (MKIII) to enhance credit access for its members. Through this collaboration, APCU/Center Parc will streamline loan approvals, confidently approve more borrowers, and achieve key goals like ROA targets, capital relief, and new member growth. “Working with MKIII is a key step in enhancing our ability to serve our members,” said John Anderson, Chief Lending Officer at APCU/Center Parc. “Their technology will enable us to approve more loans confidently and efficiently, ensuring our members receive the financial support they need. This collaboration directly aligns with our mission […] - [Robins Financial Credit Union Donates $275,000 to Non-Profit Organizations through Holiday Giving](https://thecreditunionconnection.com/robins-financial-credit-union-donates-275000-to-non-profit-organizations-through-holiday-giving/): Robins Financial Credit Union recently donated $275,000 to 70 non- profit organizations through their Holiday Giving initiative. This year marked the credit union’s 70th anniversary, and to celebrate this momentous occasion, Robins Financial supported the community that has helped shape the organization to what it is today. This donation supports a variety of local organizations dedicated to education, healthcare, hunger relief, and community development. Among the recipients are: The Bigger Vision of Athens in Athens Cafe Central in Milledgeville Operation Warm Heart in Warner Robins Feed the City in Fort Valley Monroe County Department of Family and Children Services in […] - [CFPB Takes Action to Address Illegal Debt Collection Practices by the National Collegiate Student Loan Trusts](https://thecreditunionconnection.com/cfpb-takes-action-to-address-illegal-debt-collection-practices-by-the-national-collegiate-student-loan-trusts/): Trusts will pay $2.25 million in compensation to harmed student borrowers The Consumer Financial Protection Bureau (CFPB) took action to resolve its case against the National Collegiate Student Loan Trusts for unlawfully filing defective debt collection lawsuits to collect on private student loan debt. The CFPB and the Trusts filed a proposed stipulated judgment that, if entered by the court, would require the Trusts to pay $2.25 million in redress to student borrowers who were harmed. Today’s action follows a March 2024 ruling by the United States Court of Appeals for the Third Circuit that the Trusts are covered persons […] - [DCUC Highlights Regulatory Burdens for De Novo Credit Unions](https://thecreditunionconnection.com/dcuc-highlights-regulatory-burdens-for-de-novo-credit-unions/): The Defense Credit Union Council (DCUC) sent a letter to the Honorable Andy Barr, Chairman of the Financial Institutions and Monetary Policy Subcommittee of the House Financial Services Committee, commending his leadership in introducing the de novo bank bill. “Your focus on reducing barriers to entry in the financial sector is critical to fostering competition and ensuring that consumers, particularly those in underserved communities, have access to a robust and diverse range of financial institutions,\” wrote Jason Stverak, DCUC Chief Advocacy Officer. In its letter, DCUC highlighted the importance of extending similar support to credit unions, especially those seeking to […] - [CFPB Orders Equifax to Pay $15 Million for Improper Investigations of Credit Reporting Errors](https://thecreditunionconnection.com/cfpb-orders-equifax-to-pay-15-million-for-improper-investigations-of-credit-reporting-errors/): Equifax failed to conduct adequate investigations of disputed information in credit reports Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes. The CFPB found Equifax ignored consumer documents and evidence submitted with disputes, allowed previously deleted inaccuracies to be reinserted into credit reports, provided confusing and conflicting letters to consumers about the results of its investigations, and used flawed software code which led to inaccurate consumer credit scores. The order requires Equifax to comply with federal law, and Equifax must pay a $15 […] - [The Velera Payments Index: January 2025](https://thecreditunionconnection.com/the-velera-payments-index-january-2025/): Today, Velera – formerly PSCU/Co-op Solutions, published the January edition of the Velera Payments Index, the goal of which is to provide information and insights to help financial institutions navigate the evolving financial landscape to make informed, strategic decisions for their organizations and members. The 2024 holiday shopping season delivered strong results for the last month of the year. Aided by the late occurrence of Thanksgiving, growth for December holiday spend, along with overall credit and debit results, were positive. Credit posted the best monthly performance for all of 2024 and aided the full-year 2024 growth to show positive year-over-year results. Debit, which had […] - [First Alliance Credit Union Expands into 9 New Counties with Bold New Mission, Vision, and Values](https://thecreditunionconnection.com/first-alliance-credit-union-expands-into-9-new-counties-with-bold-new-mission-vision-and-values/): First Alliance Credit Union is thrilled to announce a major expansion of its field of membership, the credit union is now serving 14 counties in Southeast Minnesota. For over 90 years the credit union has provided financial services to those who live, work, attend school, worship, and conduct business in Olmsted, Dodge, Goodhue, Winona, and Wabasha counties. With the recent service area expansion, the counties of Blue Earth, Fillmore, Freeborn, Le Sueur, Mower, Nicollet, Rice, Steele, and Waseca now have access to First Alliance’s unique approach to financial empowerment. This exciting milestone coincides with the unveiling of First Alliance Credit […] - [The David and Lucile Packard Foundation Invests $5 Million in Inclusiv Impact Deposits Fund  ](https://thecreditunionconnection.com/the-david-and-lucile-packard-foundation-invests-5-million-in-inclusiv-impact-deposits-fundnbsp/): This investment will help support 20 MDI and CDFI credit unions in urban and rural communities in Louisiana, Mississippi, and California  Inclusiv announced a new partnership with The David and Lucile Packard Foundation, which includes an investment of $5 million in Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI) community development credit unions.  The Packard Foundation is a partner in the Inclusiv Impact Deposits Fund, which invests social impact deposits in community development credit unions to expand economic opportunities and resiliency in historically redlined and disadvantaged communities.   The David and Lucile Packard Foundation supports leaders and organizations around […] - [CDFI Fund Opens FY 2025 CDFI Program and NACA Program Application Round](https://thecreditunionconnection.com/cdfi-fund-opens-fy-2025-cdfi-program-and-naca-program-application-round/): CDFI Fund Opens FY 2025 CDFI Program and NACA Program Application Round The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2025 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) today. The Awards from these programs will support Community Development Financial Institutions (CDFIs) that provide affordable financing and related services to low-income communities and populations that lack access to credit, capital, and financial services. Pending final Congressional appropriations, the CDFI Fund plans to award approximately $348 million in FY 2025 […] - [Corporate Central Announces Corporate Certificates Now Available in Beastro](https://thecreditunionconnection.com/corporate-central-announces-corporate-certificates-now-available-in-beastro/): Corporate Central is thrilled to announce that Corporate Certificates are now live in Beastro, the corporate’s innovative platform for seamless money movement, credit union interactions, engagements, and transactions in a secure digital environment. This exciting new feature enhances the members’ investment experience, empowering credit unions to manage their investments more efficiently and effectively. The Corporate Certificates module in Beastro provides credit unions with powerful tools to streamline their investments: · View Certificate Offers: Explore available investments, including certificates and structured certificates, and easily submit online purchase requests. · Open Certificates: Review active holdings, discover new opportunities, and facilitate purchases seamlessly. […] - [MSUFCU Supports Work Skills Corporation’s Artisan Corner with $10,000 Donation](https://thecreditunionconnection.com/msufcu-supports-work-skills-corporations-artisan-corner-with-10000-donation/): MSU Federal Credit Union (MSUFCU) recently partnered with Brighton’s Work Skills Corporation to support its Artisan Corner program with a $10,000 donation. For more than 50 years, Work Skills Corporation has been helping people in Livingston County optimize their potential. The organization serves people with disabilities and other employment barriers by offering progressive educational and vocational development opportunities based on a person-centered approach. The Artisan Corner assists local artists with the creation and sale of their artwork. The program promotes the full inclusion of emerging and established artists into all facets of the community. Finished pieces are available for purchase […] - [Rogue Credit Union Ends 2024 With Continued Growth](https://thecreditunionconnection.com/rogue-credit-union-ends-2024-with-continued-growth/): Rogue Credit Union announced financial results for the fourth quarter of 2024. The credit union’s growth remained steady in key categories. Rogue’s total assets grew at an annualized rate of 7.54% with over $3.6 billion in assets. The credit union experienced a return on assets of 0.70% and continues to experience membership growth, now serving over 212,000 members throughout Oregon and Idaho. Rogue Credit Union’s equity position also continues to grow. The credit union closed the year with a 9.72% net worth ratio, well above the “well-capitalized” regulatory requirement of 7.00%. In addition to solid performance in key financial categories, […] - [DCUC Applauds Senate Efforts to Expand Veteran Business Loan Access](https://thecreditunionconnection.com/dcuc-applauds-senate-efforts-to-expand-veteran-business-loan-access/): Today, the Defense Credit Union Council (DCUC) celebrates the U.S. Senates’ support of the Veterans Member Business Loan (VMBL) Act, vital legislation empowering veteran entrepreneurs by removing arbitrary lending caps currently hindering credit unions from fully supporting service members and veterans in their business ventures. The current lending caps were first imposed by Congress through the Credit Union Membership Access Act of 1998. See the official congressional announcement here. The VMBL Act, championed by Senators Mazie Hirono (D-HI) and Dan Sullivan (R-AK), seeks to amend the Federal Credit Union Act (FCUA) to exclude loans made to veterans and military members […] - [NCUA Releases Research Note on Overdraft, NSF Fees at Credit Unions](https://thecreditunionconnection.com/ncua-releases-research-note-on-overdraft-nsf-fees-at-credit-unions/): The National Credit Union Administration today released a Research Note that provides an analysis of statistics for overdraft and non-sufficient funds fees, and observations on the relationship between overdraft and non-sufficient funds fees and other revenues. “This Research Note provides important information for consumers, researchers, credit unions, and regulators about the use of overdraft and NSF fees at credit unions,” NCUA Chairman Todd M. Harper said. “The findings suggest that credit unions are not offsetting this income through reduced fees for other services or lower interest rates. Credit unions that rely heavily on fee income from overdrafts and NSF fees […] - [Board Approves Annual Performance Plan](https://thecreditunionconnection.com/board-approves-annual-performance-plan/): The National Credit Union Administration Board held its first open meeting of 2025 and unanimously approved the agency’s 2025 Annual Performance Plan. “As I have often said, if you don’t measure it, you can’t manage it. That’s what makes the NCUA’s 2025 Annual Performance Planso important,” NCUA Chairman Todd M. Harper said. “This plan includes specific measures and targets and outlines how the agency will measure its performance and continue to effectively supervise and insure a growing and evolving credit union system.” The 2025 Annual Performance Plan includes direction and guidance toward achieving the mission and the strategic goals and […] - [BALANCE Announces Ronaldo Hardy as New President and CEO](https://thecreditunionconnection.com/balance-announces-ronaldo-hardy-as-new-president-and-ceo/): BALANCE is excited to announce the appointment of Ronaldo Hardy as its new Chief Executive Officer. Hardy brings decades of financial service experience, visionary leadership, and an inspiring personal mission: “To change the world by building the people who will change the world.” “My career in financial services has been an incredibly transformative journey, and I am very excited to join BALANCE at such a pivotal moment,” said Ronaldo Hardy. “As our nation grapples with evolving challenges, politics and socio-economic status aside, families across the country need support more than ever. BALANCE is poised to meet that moment, delivering critical […] - [Coastal Credit Union Hires Bryan Sherrick, Chief Risk Officer & General Counsel](https://thecreditunionconnection.com/coastal-credit-union-hires-bryan-sherrick-chief-risk-officer-amp-general-counsel/): Coastal Credit Union, has hired Bryan Sherrick as Chief Risk Officer and General Counsel. In his role, Sherrick is tasked with building an enterprise-wide risk management function that will deliver an exceptional member experience while appropriately mitigating risks, meeting all compliance requirements, and satisfying regulatory requirements for large credit unions. He will also be responsible for ensuring a robust disaster recovery protocol and business continuity plan. Additionally, with his legal experience, Sherrick will serve as Coastal’s General Counsel, the head legal advisor to the CEO, Board of Directors, and executive leadership team. Sherrick comes to Coastal with 20 years of […] - [FORUM Credit Union Gives Back $3.7 Million in Member Rewards](https://thecreditunionconnection.com/forum-credit-union-gives-back-37-million-in-member-rewards/): Each year, FORUM Credit Union gives cash back to its members through a variety of savings and prize-based rewards. This commitment to give back to members is based on the credit union financial cooperative spirit and it fulfills FORUM’s purpose of helping members live their financial dreams. In 2024, FORUM gave back over $3.7 million in member rewards. As part of FORUM’s savings and prize-based rewards, FORUM awarded $1,378 to 52 Week Money Challenge winner, Debra, a FORUM member since 2007. When members open this incremental savings account, they are entered to win $1,378 by making 26 deposits during a […] - [Floridacentral Credit Union Welcomes Their New Chief Financial Officer](https://thecreditunionconnection.com/floridacentral-credit-union-welcomes-their-newchief-financial-officer/): Floridacentral Credit Union is pleased to announce the appointment of Thomas Gabryluk as the credit union’s new Chief Financial Officer and Senior Vice President. Gabryluk will lead the Accounting/Finance, Regulatory Compliance, Collections, and CUSO Financial Services Teams. In this vital role, Gabyluk will be working alongside the executive team to drive strategic initiatives that support sustainable growth and member-focused financial solutions. “We are delighted to welcome Tom Gabryluk to the Floridacentral Team.”, said Linh Dang, President/CEO of Floridacentral Credit Union. “Gabryluk is a 30-year credit union professional with an analytical approach and progressive mindset that will help take our organization […] - [TruStage TM Wins Gold in 14th Annual Best in Biz Awards](https://thecreditunionconnection.com/trustage-tm-wins-gold-in-14th-annual-best-in-biz-awards/): Payment Guard Insurance named Most Innovative Product of the Year TruStage TM has been named a gold winner in the Most Innovative Product category in the Best in Biz Awards 2024 for its TruStage TM Payment Guard Insurance product. “We’re honored the Best in Biz Awards recognized the innovative insurance design of Payment Guard, which uniquely protects both the lender and the borrower in the event of an unexpected loss of income,” said Danielle Sesko, director, Product Management at TruStage. “In an increasingly crowded digital lending marketplace, Payment Guard helps digital lenders build confidence, differentiate themselves and can help reduce […] - [Stockbridge Amphitheater and VyStar Credit Union Announce Naming of VyStar Amphitheater at The Bridge](https://thecreditunionconnection.com/stockbridge-amphitheater-and-vystar-credit-union-announce-naming-of-vystar-amphitheater-at-the-bridge/): In a landmark partnership that will shape the future of live music and entertainment within the community, Stockbridge Amphitheater and VyStar Credit Union are proud to announce the renaming of the venue to VyStar Amphitheater at The Bridge. The 3,600-seat, state-of-the-art outdoor music venue is a popular destination for performing artists of all genres. The name change marks a significant milestone in VyStar\’s ongoing commitment to expanding its presence and fostering strong community partnerships in Stockbridge, Georgia and throughout Metro Atlanta. \”We are thrilled to bring the VyStar name to Stockbridge,\” said VyStar SVP/Georgia Market President Janean Armstrong. \”This amphitheater […] - [Gesa Credit Union Announces Grand Opening of Spokane’s Ridgeline High School Branch](https://thecreditunionconnection.com/gesa-credit-union-announces-grand-opening-ofspokanes-ridgeline-high-school-branch/): New student-run branch empowers the next generation of business leaders with hands-on financial and leadership experience Gesa is excited to announce the expansion of its High School Credit Union (HSCU) Program with the opening of its 16th student-run branch at Ridgeline High School in Spokane. This marks Gesa’s second HSCU branch in partnership with the Central Valley School District, further showcasing a shared commitment to empowering students through financial education and hands-on experience. “We’re excited to be partnering with Gesa to open a credit union designed specifically for Ridgeline students!” said Mr. Jesse Hardt, Principal at Ridgeline High School. “Our […] - [TBA Credit Union Receives Five-Star BauerFinancial Rating for 25 Consecutive Years](https://thecreditunionconnection.com/tba-credit-union-receives-five-star-bauerfinancial-rating-for-25-consecutive-years/): TBA Credit Union recently received another top 5-Star Superior rating from BauerFinancial Inc., the Nation’s Premier Bank and Credit Union Rating Firm, for the 25th year in a row. A five-star rating indicates this credit union excels in areas of capital adequacy, profitability, asset quality, and much more. Working with the community and members toward a common goal and interest has allowed TBA Credit Union to continuously earn this top rating since 1999. \”We are incredibly honored to receive BauerFinancial\’s highest 5-star rating for the 25th consecutive year,” said Karen Browne, President and CEO of TBA Credit Union. “This recognition […] - [CFPB Sues Capital One for Cheating Consumers Out of More Than $2 Billion in Interest Payments on Savings Accounts](https://thecreditunionconnection.com/cfpb-sues-capital-one-for-cheating-consumers-out-of-more-than-2-billion-in-interest-payments-on-savings-accounts/): Bank unlawfully misled consumers about its 360 Savings accounts and obscured its higher-interest savings product from them Today, the Consumer Financial Protection Bureau (CFPB) sued Capital One, N.A., and its parent holding company, Capital One Financial Corp., for cheating millions of consumers out of more than $2 billion in interest. The CFPB alleges that Capital One promised consumers that its flagship “360 Savings” account provided one of the nation’s “best” and “highest” interest rates, but the bank froze the interest rate at a low level while rates rose nationwide. Around the same time, Capital One created a virtually identical product, […] - [Timbers Announce Multi-Year Partnership With First Tech Federal Credit Union](https://thecreditunionconnection.com/timbers-announce-multi-year-partnership-with-first-tech-federal-credit-union/): Partnership includes exclusive benefits for First Tech members, community initiatives, player resources and the unveiling of named First Tech Suites The Portland Timbers have entered into a multi-year partnership with First Tech Federal Credit Union, the club announced today. First Tech, the exclusive credit union of the Timbers, joins the club ahead of its 50th anniversary season. The partnership will enhance the experience for all fans, with additional perks and exclusive game-day benefits for First Tech members. In addition, the partnership will bring community initiatives focused on inspiring interest in STEM among youth and historically underrepresented groups in the tech […] - [Making Money Work for People and Planet: New Report Reveals How Communities Can Transform Financial Systems for Social Justice](https://thecreditunionconnection.com/making-money-work-for-people-and-planet-new-report-reveals-how-communities-can-transform-financial-systems-for-social-justice/): Oakland-based non-profit Impact Experience has unveiled groundbreaking research at a crucial time when financial markets are increasingly intertwined with social change. This study, which concluded with a two-day convening, involved over twenty U.S. organizations and financial institutions from impact investing, fossil fuel divestment, human rights, and regenerative agriculture. It demonstrated how communities can effectively leverage financial systems for positive change. \”At this critical juncture, when we\’re seeing pushback against corporate social responsibility, our research shows that financial institutions must move beyond traditional metrics to truly understand their role in advancing equity and climate action. When we align capital with community […] - [myCUmortgage is Thrilled to Announce New Partnerships with Three Credit Unions](https://thecreditunionconnection.com/mycumortgage-is-thrilled-to-announce-new-partnerships-with-three-credit-unions/): New Q4 partner agreements bring myCUmortgage\’s total to 18 new credit union partnerships in 2024 Three credit unions from across the country have partnered with myCUmortgage to take advantage of its suite of comprehensive mortgage solutions and exceptional industry leadership. myCUmortgage is a Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. The three new partners joining myCUmortgage include: myCUmortgage\’s mission is to empower credit unions to become GREAT mortgage lenders, helping them assist more of their members with homeownership. HopeSouth Federal Credit Union – Abbeville, S.C. Solarity Credit Union – Yakima, Wash. Tremont Credit Union – Milton, […] - [South Dakota Credit Union Taps Local Talent As New CEO](https://thecreditunionconnection.com/south-dakota-credit-union-taps-local-talent-as-new-ceo/): Northern Hills Federal Credit Union (NHFCU) proudly announces the promotion of Misty Winter from Executive Vice President to Chief Executive Officer. Winter, a Rapid City-area native, joined NHFCU in 2023 after spending decades serving members throughout western South Dakota. The move strategically prepared Winter to take up the mantle following the retirement of long-time CEO, Floyd Rummel III, who helped expand the credit union to more branches in the Black Hills with physical locations in Sturgis, Deadwood, Spearfish, and Belle Fourche. Timelines align for increased growth as Northern Hills Federal Credit Union has been given the opportunity to serve the […] - [BayPort Foundation Announces 2025 Scholarship Program with $100,000 in Tuition Assistance](https://thecreditunionconnection.com/bayport-foundation-announces-2025-scholarship-program-with-100000-in-tuition-assistance/): The BayPort Foundation is pleased to announce the launch of its 2025 Scholarship Program, offering $100,000 in tuition assistance to local students and working professionals in their educational pursuits. The program is open to members of all ages, including high school seniors, current college students, and working adults. Twelve distinct scholarships are available, and 36 will be awarded to member students attending a university, college, trade, or vocational school. Recipients will receive financial support ranging from $1,000 to $8,000. BayPort\’s scholarship opportunities for high school seniors include the Beard Bennett Memorial Scholarship, awarded annually to six high school seniors, and the […] - [Addition Financial Credit Union Named to Newsweek’s America’s Best Regional Banks and Credit Unions 2025](https://thecreditunionconnection.com/addition-financial-credit-union-named-to-newsweeks-americas-best-regional-banks-and-credit-unions-2025/): For a second straight year, Addition Financial Credit Union, based in Lake Mary, Florida, announced that it is recognized as one of America’s Best Regional Banks and Credit Unions by Newsweek and Plant-A Insights Group. The award recognizes Addition Financial’s impact and commitment to delivering financial stability, lower fees, competitive rates, and superior member service to its members. Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States, by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews. “Receiving this […] - [CFPB Finds Hundreds of Thousands of Mortgages in Southeast and Central Southwest US Likely Underinsured Against Flood Risk](https://thecreditunionconnection.com/cfpb-finds-hundreds-of-thousands-of-mortgages-in-southeast-and-central-southwest-us-likely-underinsured-against-flood-risk/): Homeowners facing flooding from rivers and creeks more likely to be underinsured than coastal residents Today, the Consumer Financial Protection Bureau (CFPB) issued a new report that found significant differences in the likelihood that homeowners with a mortgage are adequately insured against flooding based both on location and on income and assets. According to findings, homeowners in coastal areas were most likely to have flood insurance and generally had higher incomes and assets, suggesting that they were the best positioned to recover from flooding. Homeowners living near inland streams and rivers, however, were less likely to have flood insurance and […] - [Travis Credit Union Unveils ‘Knowledge is Power’](https://thecreditunionconnection.com/travis-credit-union-unveils-knowledge-is-power/): Helping to Empower Members and Communities It Serves Today, Travis Credit Union announced the launch of its new initiative, “Knowledge is Power,” designed to express TCU’s purpose, promise and vision of positively impacting the lives of those in the communities it serves. The new vision is in response to consumers’ changing financial needs, with a recent TCU survey showing that over half of credit union members have “moderate to high concern” attributed to financial challenges, including saving for retirement, improving credit scores, reducing debt and more. “‘Knowledge is Power’ is our commitment to equip our members with the right information […] - [GROW Advocacy Success: National Bank of Ukraine Aligns Credit Union Regulations with Global Best Practices](https://thecreditunionconnection.com/grow-advocacy-success-national-bank-of-ukraine-aligns-credit-union-regulations-with-global-best-practices/): USAID GROW Project’s advocacy leads to regulatory changes enabling increased lending capacity for ​small agricultural producers and rural​ businesses​ in Ukraine The National Bank of Ukraine (NBU) has approved amendments to align credit union regulations with the laws of Ukraine and global best practices.​ Adopted on December 27, 2024, under Resolution No. 177, these changes took effect on January 1, 2025.  The amendments, developed with support from the USAID GROW Project, introduce three key updates:  Updated borrower classification criteria. The criteria for determining the classification of a borrower-credit union, applied by united credit unions, have been updated. The amendments introduce clearer and more straightforward […] - [3 Rivers Federal Credit Union Adds Chief Growth Officer to Executive Team](https://thecreditunionconnection.com/3-rivers-federal-credit-union-adds-chief-growth-officer-to-executive-team/): 3Rivers Credit Union announced that it has hired Gautam Borooah as Chief Growth Officer, a new position at the credit union. This appointment will accelerate growth by delivering on the promise of providing members with superior products and services that meet and exceed their expectations. Mr. Borooah will bring his extensive experience in driving profitable growth in financial services to lead Marketing, Digital Experience, and Business Intelligence / Analytics at 3Rivers. Gautam joins 3Rivers after senior leadership roles at Bright Light Capital and Ygrene Energy Fund, both in the home improvement industry. Prior to his role as Chief Growth Officer […] - [DCUC Raises Concerns to Senate Finance Committee Amid Treasury Secretary Nomination](https://thecreditunionconnection.com/dcuc-raises-concerns-to-senate-finance-committee-amid-treasury-secretary-nomination/): The Defense Credit Union Council (DCUC) sent a letter to the Senate Finance Committee addressing concerns ahead of the confirmation of Mr. Scott Bessent as Treasury Secretary. In the letter, Jason Stverak, DCUC Chief Advocacy Officer stressed the importance of discussing issues central to the financial well-being of our members during the Committee’s confirmation process. Since their establishment under the Federal Credit Union Act (FCUA) in 1934, credit unions have been recognized as member-owned, not-for-profit financial cooperatives. Their tax-exempt status reflects their unique mission to deliver financial services to underserved communities, particularly military families, at lower costs than for-profit institutions; […] - [Nuvision Credit Union’s Annual NuvisionCares Holiday Toy Drive Delivers More Than 1,000 Toys and Gifts to Children and Families During the Holiday Season](https://thecreditunionconnection.com/nuvision-credit-unions-annual-nuvisioncares-holiday-toy-drive-delivers-more-than-1000-toys-and-gifts-to-children-and-families-during-the-holiday-season/): As part of its long-standing commitment to local communities, Nuvision Credit Union held its annual NuvisionCares Holiday Toy Drive campaign during the month of December, brightening the Holiday Season for hundreds of children and families in the communities the credit union serves. The NuvisionCares Toy Drive campaign delivered more than 1,150 toys to kids and families in California, Alaska and Wyoming, supporting efforts by a number of organizations including Toys for Tots in both California and Wyoming, as well as Anchorage Cops for Community, Fairbanks Santa’s Helpers, Mat-Su Special Santa in Wasilla, Family Promise of Juneau, and Operation Children’s First […] - [South Carolina Federal Now Accepting Applications for $45,000 in Scholarships](https://thecreditunionconnection.com/south-carolina-federal-now-accepting-applications-for-45000-in-scholarships/): South Carolina Federal Credit Union is now accepting applications for its 15th annual scholarship program. The credit union will award $45,000 to nine outstanding students attending a traditional or technical college in South Carolina for the fall 2025 semester.  Applicants are asked to submit a short essay detailing how their education will empower them to give back to their community and positively impact the lives of South Carolinians. They will also provide an overview of their volunteer commitments, academic achievements, work experience, and financial need. A panel of credit union employees and third-party judges will review the applications. \”Each year, […] - [Financial Plus Credit Union Named one of America’s Best Regional Credit Unions 2025](https://thecreditunionconnection.com/financial-plus-credit-union-named-one-of-americas-best-regional-credit-unions-2025/): Financial Plus Credit Union has been named one of America\’s Best Regional Credit Unions in 2025 by Newsweek, for the second year in a row. This recognition emphasizes Financial Plus Credit Union\’s commitment to operational performance, health and stability, and delivering outstanding experiences for members and the community. In collaboration with market data research firm Plant-A Insights, Newsweek conducted an extensive independent study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews. The culmination of this research resulted in the recognition of the top 500 regional institutions in the United […] - [Federal and State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by the California Wildfires and Straight-line Winds](https://thecreditunionconnection.com/federal-and-state-financial-regulatory-agencies-issue-interagency-statement-on-supervisory-practices-regarding-financial-institutions-affected-by-the-california-wildfires-and-straight-line-winds/): The California Department of Financial Protection and Innovation, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the California wildfires and straight-line winds on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to their supervision. The agencies encourage institutions operating in the affected areas to meet the financial services needs of their communities. A complete list of the current disaster areas can be found at https://www.fema.gov/disaster/declarations. Lending: The […] - [Love My Credit Union and Trust & Will: A Year of Success and Impact](https://thecreditunionconnection.com/love-my-credit-union-and-trust-amp-will-a-year-of-success-and-impact/): Celebrating a milestone partnership that’s brought affordable estate planning to over 10 million credit union members. CUSG’s nationwide affinity program, Love My Credit Union Rewards, is thrilled to mark the one-year anniversary of the Trust & Will program. The program has successfully enrolled more than 220 credit unions, empowering over 10 million members with affordable and accessible estate planning solutions. This milestone showcases the program\’s dedication to empowering credit union members with affordable and accessible estate planning solutions. Estate planning is often a topic that individuals tend to avoid, but the Trust & Will program has made the conversation more […] - [CCUA and CUES Announce Strategic Collaboration to Expand Leadership Development in Canada](https://thecreditunionconnection.com/ccua-and-cues-announce-strategic-collaboration-to-expand-leadership-development-in-canada/): The Canadian Credit Union Association (CCUA) and the Credit Union Executives Society (CUES) are proud to announce a collaboration designed to advance leadership development for Canadian credit unions. By combining CCUA’s deep expertise in the Canadian credit union market with CUES’ globally recognized leadership development programs, this collaboration establishes a unified approach to credit union leadership development across North America.   CCUA will now become the exclusive representative of CUES products and services in Canada, providing Canadian credit unions with high-quality, innovative solutions that build on CCUA’s existing programs to empower leaders to stay agile, responsive, and future-minded.  “This collaboration with […] - [Loan Intelligence Systems Unlock Untapped Revenue and Supercharge Small Business Lending – New White Paper from Parlay Finance](https://thecreditunionconnection.com/loan-intelligence-systems-unlock-untapped-revenue-and-supercharge-small-business-lending-new-white-paper-from-parlay-finance/): AI-powered loan technology offers lenders transformative approach to engaging and evaluating small business borrowers Parlay Finance today announced the availability of its white paper, \”Supercharging Small Business Lending with Loan Intelligence Systems,” introducing the Loan Intelligence System (LIS), a new category of AI-powered software that works alongside the LOS to intelligently intake leads, streamline the loan evaluation process, reduce time-to-decision, improve data quality, and maximize conversions. Access to capital remains a significant barrier for a majority of America’s small businesses (SMB), despite their vital role in the national economy. Most SMB loan requests are under $500K, yet lenders struggle to convert them efficiently and achieve […] - [SchoolsFirst FCU Announces 23 New Third-Party Administrator Agreements with California School Districts](https://thecreditunionconnection.com/schoolsfirst-fcu-announces-23-new-third-party-administrator-agreements-with-california-school-districts/): Participants benefit from a wide range of financial education and advisory services SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, today announced that its Third-Party Administrator (TPA) affiliate, SchoolsFirst Plan Administration, LLC, added 23 school districts in California to its roster in 2024. As a TPA, SchoolsFirst Plan Administration helps school districts with IRS plan compliance, education and customized, personal financial advice. “SchoolsFirst FCU was founded to help our Members thrive and achieve financial well-being, and we have made it our mission to offer a variety of financial products […] - [DCUC Calls for Preservation of Credit Union Tax Status In Letter to the House Ways and Means Committee](https://thecreditunionconnection.com/dcuc-calls-for-preservation-of-credit-union-tax-status-in-letter-to-the-house-ways-and-means-committee/): Today, the Defense Credit Union Council (DCUC) sent a letter to the Honorable Jason Smith, Chairman, and the Honorable Richard Neal, Ranking Member, of the House Ways and Means Committee, urging their support for the preservation of credit unions’ federal tax-exempt status. DCUC’s letter comes ahead of the committee’s hearing titled, “The Need to Make Permanent the Trump Tax Cuts for Working Families,” scheduled for tomorrow, January 14. In the letter, Jason Stverak, DCUC\’s Chief Advocacy Officer, highlighted the core values that have defined credit unions since their inception over a century ago. \”Credit unions were established in the United […] - [Texas Trust Credit Union Aims to Improve Financial Well-being of its Members with EVERFI®](https://thecreditunionconnection.com/texas-trust-credit-union-aims-to-improvefinancial-well-being-of-its-members-with-everfi/): Texas Trust Credit Union has introduced a new digital financial tool to help its members build brighter financial futures. With the EVERFI® mobile-first learning platform, Texas Trust members can strengthen their financial knowledge and build healthier money habits. That leads to more sound decisions about their financial well-being. Financial literacy is essential for driving economic growth and improving the welfare of individuals, families, and the overall community. According to WalletHub’s 2024 Most and Least Financially Literate States, Texas is ranked 29th. This means Texans with inadequate money management skills are more likely to have poor credit, carry high credit card balances, have […] - [2025 Distinguished Service Award Nominations Open](https://thecreditunionconnection.com/2025-distinguished-service-award-nominations-open/): Global honor to be awarded at the 2025 World Credit Union Conference Nominations are open for World Council of Credit Unions’ (WOCCU) 2025 Distinguished Service Award (DSA). First presented in 1986, this prestigious award honors those who have provided outstanding service to credit union development outside their home country. “We are looking for individuals or organizations that are making a lasting contribution to the international credit union movement,” said Thomas Belekevich, WOCCU Director of Member Services. “We strongly encourage our member organizations to nominate credit union leaders or institutions that exemplify the international spirit of cooperation and service. There is no other […] - [Letter to Credit Unions (25-CU-02) Cyber Incident Notification Requirements Update to Letter 23-CU-07](https://thecreditunionconnection.com/letter-to-credit-unions-25-cu-02-cyber-incident-notification-requirements-update-to-letter-23-cu-07/): This letter provides an update to Letter to Credit Unions 23-CU-07 and announces the availability of a new cyber incident reporting webform. To aid in incident reporting, the NCUA is enclosing an updated quick reference guide. The NCUA developed the webform as a convenient and secure method for credit unions to report cyber incidents to the agency. How to Report To report a cyber incident, federally insured credit unions may notify the NCUA through one of the following channels: Complete the Cyber Incident Credit Union Reporting System online form to send a secure incident report.1 This webform is mobile device […] - [FORUM Employees Raised Over $86K for Charities in 2024](https://thecreditunionconnection.com/forum-employees-raised-over-86k-for-charities-in-2024/): FORUM Credit Union supports an employee nominated charity each year. In 2024, FORUM nominated two Charities of Choice: Dayspring Center and The PourHouse. Dayspring is an organization that provides emergency shelter, clothing, and three nourishing meals a day for homeless families with children in central Indiana. The PourHouse assists individuals experiencing homelessness in overcoming barriers to housing, treatment, and healthcare. Throughout 2024, FORUM employees participated in multiple fundraising efforts to support these charities including raffles, pinewood derby, an All-Star bowling event, designer handbag bingo, and more. Through these donation drives, FORUM raised over $86,000 and provided needed items to both […] - [Valley Strong Credit Union To Provide ‘Bite Of Reality’ To North High Students ](https://thecreditunionconnection.com/valley-strong-credit-union-to-provide-bite-of-reality-to-north-high-students/): Valley Strong Credit Union will be giving an estimated 200 North High School Seniors an opportunity to learn what it’s like to have financial responsibilities and live on a budget this Tuesday, January 14.  The Bite of Reality program is a hands-on app-based simulation that appeals to teens while giving them a taste of real-world financial realities. Teens are given a fictional occupation, salary, credit score, spouse and a child, student loan debt, credit card debt, and medical insurance payments.   The teens encounter various stations to “purchase” housing, transportation, food, clothing, childcare and other needs. Fortunately, the game also includes […] - [CFPB Research Reveals Heavy Buy Now, Pay Later Use Among Borrowers with High Credit Balances and Multiple Pay-in-Four Loans](https://thecreditunionconnection.com/cfpb-research-reveals-heavy-buy-now-pay-later-use-among-borrowers-with-high-credit-balances-and-multiple-pay-in-four-loans/): More than 60 percent of users had simultaneous loans, borrowers held higher balances on other credit lines, and most loans went to consumers with subprime or lower credit scores Today, the Consumer Financial Protection Bureau (CFPB) released a study of Buy Now, Pay Later (BNPL) borrowers, finding that more than one-fifth of consumers with a credit record used BNPL loans in 2022, with most of those consumers having subprime or deep subprime credit scores. The CFPB research also revealed that more than three-fifths of BNPL borrowers held multiple simultaneous BNPL loans at some point during the year, and one-third had […] - [MDT Names Chris Kowal Chief Executive Officer](https://thecreditunionconnection.com/mdt-names-chris-kowal-chief-executive-officer/): Chris Kowal to succeed longtime CEO Larry Nichols, leading MDT into its next phase of growth MDT today announced that current CFO Chris Kowal will take the seat as CEO replacing longtime CEO Larry Nichols as Larry heads into retirement. The transition will be effective, April 1, 2025.   Patrick Spyke, LAFCU CEO and board chairman of MDT, explained, “Chris has played a pivotal role in MDT\’s success over the past 16 years. As a dynamic Chief Financial Officer, he has consistently exceeded the expectations of his traditional CFO responsibilities. The MDT Board holds the utmost confidence in Chris’s leadership.” […] - [NASA Federal Credit Union Elevates Alkami\'s Digital Banking Experience with Push Provisioning](https://thecreditunionconnection.com/nasa-federal-credit-union-elevates-alkamis-digital-banking-experience-with-push-provisioning/): Enhancing the member experience with digital card capabilities that empower members to transact with ease and strengthen payment security Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., proudly announces its successful collaboration with NASA Federal Credit Union (NASA FCU) to modernize and optimize its digital banking experience for members by introducing push provisioning. The partnership has resulted in significant improvements in member satisfaction, digital engagement, streamlined technology integration, and comprehensive experiences across mobile and desktop. Since launching the Alkami platform, NASA FCU has achieved key milestones: Improved Mobile Application […] - [Zeal Credit Union Announces Merger With Credit Union Advantage](https://thecreditunionconnection.com/zeal-credit-union-announces-merger-with-credit-union-advantage/): Zeal Credit Union is pleased to announce that effective January 1, 2025, Credit Union Advantage (CUA) has merged with Zeal Credit Union. “I’m very excited about the opportunities this merger provides to the membership and communities of both credit unions,” said Sastri Siravuri, Chief Experience Officer of Zeal Credit Union.  Siravuri added, “This merger positions members for financial wellness. Zeal Credit Union is committed to helping hardworking Americans reach their dreams by enhancing our products, and services, and through community outreach. Our staff is made up of highly trained, passionate individuals who consistently provide exceptional experiences to every member, every […] - [First Commerce & TMH Foundation Partner To Raise $116,472 In Fifth Year Of #FlamingoChallenge To Support Local Breast Cancer Patients](https://thecreditunionconnection.com/first-commerce-amp-tmh-foundation-partner-to-raise-116472-in-fifth-year-of-flamingochallenge-to-support-local-breast-cancer-patients/): First Commerce Credit Union and the Tallahassee Memorial HealthCare (TMH) Foundation joined together with the community to raise an impressive $116,472 – and counting – in the fifth year of the #FlamingoChallenge, which directly benefits local patients battling breast cancer. The #FlamingoChallenge, held during Breast Cancer Awareness Month in October, reached two major milestones — a record-breaking six-figure total, marking the fundraiser’s highest amount to date, and surpassing $500,000 raised since its inception five years ago. Donations came from more than 100 generous individuals, as well as nonprofit groups, businesses, sports teams, school groups and other organizations, making the fifth […] - [Ukrainian MSMEs Gain Access to Enhanced Credit Union Financing to Fuel Business Growth](https://thecreditunionconnection.com/ukrainian-msmes-gain-access-to-enhanced-credit-union-financing-to-fuel-business-growth/): New $1.5 million distributed through USAID/WOCCU Liquidity Fund The United States Agency for International Development (USAID) and World Council of Credit Unions’ (WOCCU) GROW Project in Ukraine (2024-28) on December 26 made $1.5 million available to Ukrainian credit unions to boost lending to micro-, small- and medium-sized businesses (MSMEs) as they continue to navigate the ongoing challenges of wartime conditions.  It is the latest tranche of funding ​provided​ by the USAID/WOCCU Liquidity Fund, which was originally established in 2021 in coordination with USAID, Worldwide Foundation for Credit Unions and the Credit for Agriculture Producers (CAP) Project(2016-24) to help partner credit unions expand agricultural lending. […] - [CU SoCal Supports Southern California Wildfire Relief with $1.25 Million in Interest-Free Loans and $10,000 Donation, and Additional Team Member Support](https://thecreditunionconnection.com/cu-socal-supports-southern-california-wildfire-relief-with-125-million-in-interest-free-loans-and-10000-donation-and-additional-team-member-support/): Credit Union of Southern California (CU SoCal) is taking meaningful action to support those affected by the devastating wildfires raging across Southern California. In line with its mission of Building Better Lives, CU SoCal has pledged a $10,000 donation to CU Aid, a fund dedicated to helping credit unions, their employees, and their communities during times of crisis. In addition to the $10,000 donation, CU SoCal is encouraging its team members to contribute to CU Aid. Helping Hands, CU SoCal\’s charitable foundation, will match all employee donations made through January 17, up to $5,000, doubling the impact of their contributions. […] - [Empowering Education: Westerra Credit Union Awards $48,000 To Support Local Teachers And Schools ](https://thecreditunionconnection.com/empowering-education-westerra-credit-union-awards-48000-to-support-local-teachers-and-schoolsnbsp/): 76 Teachers Were Awarded $500 Each and Nine School Districts Each Received $1,000 Paying tribute to its founders, Westerra Credit Union (Westerra) recently visited public schools throughout the Denver Metro Area to celebrate teachers and distribute grants as part of Westerra’s School Grant Program. The program, which has awarded over $500,000 to educators in the region in the last decade, aims to enhance students’ learning experiences through financial support for classroom supplies, including sports equipment, after-school programs or other initiatives that are determined to be most beneficial.  During this most recent grant cycle, 76 teachers were awarded $500 each, for […] - [Addition Financial Credit Union Opens Student-Run High School Branch at Osceola High School](https://thecreditunionconnection.com/addition-financial-credit-union-opens-student-run-high-school-branch-at-osceola-high-school/): Addition Financial Credit Union and the School District of Osceola County held a ribbon cutting today for a new student-run Addition Financial branch at Osceola High School, expanding the High School Branch partnership that provides hands-on financial experience to Central Florida students. Addition Financial’s High School Branch Program is designed to introduce young people to financial literacy and money management skills. The credit union provides training to Osceola High School students who are accepted into the program and prepares them to fully staff and run the credit union branch, located on the Osceola High School campus. The branch is Addition […] - [NCUA Monitoring and Assisting Credit Unions Affected by Wildfires in Los Angeles](https://thecreditunionconnection.com/ncua-monitoring-and-assisting-credit-unions-affected-by-wildfires-in-los-angeles/): Deposits Remain Insured; Agency Monitoring Conditions to Ensure Access to Services As wildfires continue in the Greater Los Angeles area, the National Credit Union Administration is monitoring the situation closely and has resources available to help affected credit unions. The NCUA reminds credit unions to keep in contact, if possible, with local authorities. NCUA examiners have been working to stay in contact with credit unions in the Greater Los Angeles area and offer assistance as needed. The NCUA is also coordinating with the California state regulator and state league organizations to assist affected federally insured credit unions. Credit unions needing […] - [Butler Heritage Federal Credit Union Conserved](https://thecreditunionconnection.com/butler-heritage-federal-credit-union-conserved/): Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted The National Credit Union Administration today placed Butler Heritage Federal Credit Union in Middletown, Ohio, into conservatorship. Member deposits at Butler Heritage Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts at Butler Heritage Federal Credit Union up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts up to $250,000.  The Share Insurance Fund has the […] - [Applications Now Open for CUES Emerge 2025: Elevate Your Leadership Potential](https://thecreditunionconnection.com/applications-now-open-for-cues-emerge-2025-elevate-your-leadership-potential/): CUES is now accepting applications for its coveted credit union leadership program, CUES Emerge. Offered in partnership with Currency Marketing, this transformative course is custom-designed to accelerate career advancement and empower future credit union leaders to step into leadership roles—all at no cost to the participants. Applicants accepted into the multifaceted program first explore strategic thinking, communication skills, and design thinking during expert-led CUES Virtual Classroom sessions. These learning sessions are interspersed with Mastermind sessions, designed to further support learning and guide each participant in building a ready-to-implement business case for their credit union.  All participants who successfully complete both […] - [OTIS Federal Credit Union Returns More Than $8 Million to Members Through 20 Years of the “OTIS Advantage”](https://thecreditunionconnection.com/otis-federal-credit-union-returns-more-than-8-million-to-members-through-20-years-of-the-otis-advantage/): OTIS Federal Credit Union is pleased to announce that a 10% Bonus Dividend and Interest Refund of $1,071,959.30 was posted to member accounts on January 1, 2025. This return represents the Credit Union’s financial success in 2024 and is the largest bonus to date. Over the past twenty years, OTIS FCU has returned over $8 million to both its savers and borrowers through this practice. OTIS FCU President/CEO Chris Bouchard stated, “At OTIS, our members are shareholders of the Credit Union. Profits are returned to our members through higher deposit rates, lower borrowing rates, fewer fees, and improvements in technology […] - [SECU Foundation Awards $500,000 Grant for Expansion of Community Crossroads Center in Pitt County](https://thecreditunionconnection.com/secu-foundation-awards-500000-grant-for-expansion-of-community-crossroads-center-in-pitt-county/): Community Crossroads Center (CCC) has been awarded a $500,000 challenge grant by SECU Foundation to help expand its campus in Pitt County. The construction of a new Homeless Resource Center and renovation of CCC’s current facility will enable the non-profit to increase shelter space and comprehensive services for individuals experiencing homelessness.  Established in 1987, CCC provides safe housing, meals, and supportive services to individuals in need. CCC’s current space constraints have resulted in long waitlists, hindering the non-profit’s ability to provide critical resources amid increased demand for services. SECU Foundation assisted CCC in 2014 with an interest-free construction loan through […] - [Financial Institutions Can Now Convert Transaction Data into Precise Revenue Opportunities with the Power of AI](https://thecreditunionconnection.com/financial-institutions-can-now-convert-transaction-data-into-precise-revenue-opportunities-with-the-power-of-ai/): DeepTarget and FinGoal partner to help financial institutions leverage everyday transactions into personalized engagement opportunities Community banks and credit unions can now increase their understanding to better serve their customers\’ needs through a new partnership between DeepTarget Inc. and FinGoal. By combining FinGoal\’s advanced transaction analysis and DeepTarget, financial institutions can transform routine transaction data into actionable insights that power highly personalized product recommendations and offers. This partnership helps enhance the solution for a widespread yet difficult challenge for financial institutions: getting the right offers in front of the right customers at the right time. Every purchase, deposit, and transfer […] - [Baltimore County Employees Federal Credit Union Selects Mark Caverly as President/CEO](https://thecreditunionconnection.com/baltimore-county-employees-federal-credit-union-selects-mark-caverly-as-presidentceo/): The Board of Directors of Baltimore County Employees Federal Credit Union (BCEFCU) is proud to announce the appointment of Mark Caverly as the credit union’s new President and Chief Executive Officer. Caverly will succeed Dave Hagar, who is retiring after an impressive 27 years of dedicated service to BCEFCU and its members. “The Board of Directors is very excited to announce the selection of Mark R. Caverly as the next CEO of Baltimore County Employees Federal Credit Union,” said Jeff Mayhew, Board Chair, BCEFCU. “Mark will be replacing David Hager, who is retiring after 27 years of service to the […] - [2025 Digital Growth Award Nominations Open](https://thecreditunionconnection.com/2025-digital-growth-award-nominations-open/): WOCCU member associations and credit unions are encouraged to apply Nominations are open for World Council of Credit Unions’ (WOCCU) 2025 Digital Growth Award, which will recognize one or more member credit union associations or individual member credit unions for successfully working toward our Challenge 2025 goal of expanding digital transformation across the globe.   Nominees must show they have implemented a digital solution that is: Inclusive: It expanded financial inclusion by reaching members of underserved communities. Innovative: It was groundbreaking for your organization by reducing costs, streamlining operations or improving member experience. Scalable: It can be scaled up for use or replication […] - [LGE Community Credit Union Named to Newsweek’s America’s Best Credit Unions 2025](https://thecreditunionconnection.com/lge-community-credit-union-named-to-newsweeks-americas-best-credit-unions-2025/): LGE Community Credit Union announced today that it was recently recognized as one of America’s Best Credit Unions 2025 by Newsweek for the second year in a row. Newsweek, in collaboration with Plant-A Insights Group, conducted an extensive evaluation of credit unions across the United States. The selection process included a comprehensive analysis of financial health, operational performance, and long-term stability. Additionally, a large-scale independent survey of over 71,000 U.S. citizens, along with 1.9 million social media reviews and 129 million app store reviews, contributed to the final rankings. \”We are honored to be recognized once again as one of […] - [Redwood Credit Union Opens New Branch in San Anselmo](https://thecreditunionconnection.com/redwood-credit-union-opens-new-branch-in-san-anselmo/): Redwood Credit Union (RCU) has opened the doors to its new, full-service branch in San Anselmo at 894 Sir Francis Drake Boulevard in the Red Hill Shopping Center. To better serve RCU’s growing membership in Marin County, the new branch offers two walk-up ATMs and notary services in addition to competitive personal and business loans, free checking, home and auto loans, high-yield savings options, and concierge auto-buying services. Comfortable technology areas are available for members to bank online and quickly access information, with staff readily available to assist. “Our new San Anselmo branch provides a comfortable environment where individuals and […] - [California Credit Union Offering Relief Programs to Members Impacted By Los Angeles Wildfires](https://thecreditunionconnection.com/california-credit-union-offering-relief-programs-to-members-impacted-by-los-angeles-wildfires/): California Credit Union has announced that it will offer special relief programs to support current members who have been impacted by the Los Angeles County wildfires. Programs include: Loan Payment Assistance: Members may skip a payment, with all fees waived, on their Consumer auto loan and/or Signature Plus loan (Personal Loan). Penalty-Free Certificate Withdrawals: Members with certificate accounts may request early withdrawal to cover expenses with no fees or penalties. Reduced Rate (APR) Signature Loans: Members may apply for a signature loan at a 4.00% lower rate than the current lowest rate offered by the credit union with a variety […] - [NuMark Credit Union and Mount Olive Baptist Church Facilitate Legacy Builders Financial Empowerment Workshop](https://thecreditunionconnection.com/numark-credit-union-and-mount-olive-baptist-church-facilitate-legacy-builders-financial-empowerment-workshop/): Local financial institution teams up with local church to provide free financial wellness workshop for community members On Saturday, November 23, employees of NuMark Credit Union (NuMark) headed to Shiloh Baptist Church in Lockport, Illinois to help Pastor Wendell Martin from Mt. Olive Baptist Church (Mt. Olive) with facilitating the Legacy Builders Financial Empowerment Workshop. The idea for the workshop was created when Pastor Martin saw an opportunity to help educate and lift-up his community members financially. This first ever workshop event was made free and open to the whole community. Its purpose was for those who attended to learn […] - [Cotribute Partners with TruStageTM to Provide Payment Protection Products](https://thecreditunionconnection.com/cotribute-partners-with-trustagetmnbspto-provide-payment-protection-products/): Partnership offers seamless digital lending experience and expands non-interest income opportunities Cotribute today announced its partnership with TruStage to offer Integrated Payment Protection features to its Consumer Account Opening and Consumer Loan Application Solutions. \”TruStage is thrilled to partner with Cotribute to offer their customers our innovative Integrated Payment Protection products, says TruStage Vice President of Lending, Corrin Maier. “This collaboration reflects our commitment to providing people with comprehensive, reliable solutions that enhance financial security and peace of mind. Together we are helping people reach brighter financial futures.” The Integrated Payment Protection features have offered about two million applicants loan […] - [Applications Now Open for 2025 GWLN and WYCUP Scholarships](https://thecreditunionconnection.com/applications-now-open-for-2025-gwln-and-wycup-scholarships/): Empowering women and young professionals to shape the future of credit unions. Worldwide Foundation for Credit Unions (WFCU) is proud to announce the opening of applications for the 2025 Global Women’s Leadership Network (GWLN) Scholarship and the 2025 World Young Credit Union Professionals (WYCUP) Scholarship. These prestigious programs provide transformative opportunities for credit union leaders in the global credit union movement. GWLN Scholarship Program As part of its mission to empower women in credit union leadership roles worldwide, GWLN offers an annual scholarship program to female professionals from the global credit union industry. Up to five recipients will be awarded […] - [Eighteen Credit Union Associations Unite in Defense Against Overdraft Rule](https://thecreditunionconnection.com/eighteen-credit-union-associations-unite-in-defense-against-overdraft-rule/): Supporting Financial Wellbeing for All Members Yesterday, 18 credit union leagues and associations filed an amicus brief in support of America’s Credit Unions’ recent federal lawsuit challenging the Consumer Financial Protection Bureau’s (CFPB) final rule that sets a fee cap on overdraft protection programs. Collectively, leagues and associations that filed the amicus brief represent 3,237 credit unions and 105,000,000 credit union members. The amicus brief highlights the significance of credit unions’ unique member-owner relationship that is fundamental to their mission of serving their communities. The CFPB’s final rule focuses on calculating costs and assessing fees, failing to account for credit […] - [California Credit Union Foundation Offering Scholarships to Southern California Students](https://thecreditunionconnection.com/california-credit-union-foundation-offering-scholarships-to-southern-california-students/): Foundation Encourages College-Bound Students in Los Angeles, Ventura, San Bernardino & Orange Counties to Apply For $1,000 scholarships California Credit Union Foundation is encouraging college-bound students across Southern California to apply for its 2025 Student Scholarship Program. Through the program, the Foundation provides $20,000 in scholarships annually to recognize local students who are motivated in their academic studies and active in their schools and communities. “We’re committed to helping our next generation of leaders pursue their educational dreams, and encourage local students to apply for one of our scholarships,” said California Credit Union Foundation President Marvel Ford. “We know that […] - [Iowa Credit Union Industry Celebrates 100 Years of Impact](https://thecreditunionconnection.com/iowa-credit-union-industry-celebrates-100-years-of-impact/): Industry provides $2.7 billion economic impact to state annually With legislation signed by Iowa Governor John Hammill in 1925 establishing the Iowa Credit Union Act, the industry is celebrating 100 years of impact in 2025. The founding of these member-owned, financial cooperatives introduced a new era that would transform the financial landscape of the state.  First established in Europe in the 1850s, credit unions were created to allow people to improve their financial well being by pooling their savings and lending to each other — a financial cooperative. The first credit union founded in Iowa was the Des Moines Postal Employees […] - [CFPB Approves Application from Financial Data Exchange to Issue Standards for Open Banking](https://thecreditunionconnection.com/cfpb-approves-application-from-financial-data-exchange-to-issue-standards-for-open-banking/): Agency also issues updated procedures for companies requesting special regulatory treatment Today, the Consumer Financial Protection Bureau (CFPB) issued an order recognizing Financial Data Exchange, Inc. (FDX) as a standard setting body under the CFPB’s Personal Financial Data Rights rule. The order of recognition is the first to be issued under the rule. The Personal Financial Data Rights rule, which was released in October 2024, requires financial institutions, credit card issuers, and other financial providers to unlock an individual’s personal financial data and transfer it to another provider at the consumer’s request for free. The CFPB established a formal application […] - [PenAir Credit Union Reveals 2025 Communerosity® Charities](https://thecreditunionconnection.com/penair-credit-union-reveals-2025-communerosity-charities/): PenAir Credit Union (PenAir) announced it has selected eight local nonprofits to receive donations in 2025 through its Communerosity Employee Fundraising Program. This program is a part of PenAir’s dedication to Communerosity—where generosity is a positive force for good in the communities PenAir serves. The selected organizations were nominated and voted on by PenAir employees for their impactful work and alignment with PenAir’s mission to enhance lives where members live, work, and serve. Each nonprofit will receive a monetary donation and a commitment from PenAir’s more than 380 employees to serve the charities through volunteer opportunities that further their mission(s). […] - [Elko Federal Credit Union Pays Out $1 Million to Members](https://thecreditunionconnection.com/elko-federal-credit-union-pays-out-1-million-to-members/): Elko Federal Credit Union (EFCU) is pleased to announce a significant milestone: a total bonus member payout and dividend (collectively “dividend”) of $1 million to members for the 2024 calendar year. This marks the largest single-year member dividend payout in EFCU’s 65-year history, reflecting the credit union’s commitment to member value and financial well-being. Deposited into member accounts in January, the $1 million dividend surpasses the credit union’s previous record and highlights the collective success of EFCU and its members. The credit union estimates that member dividends over the last seven years exceed $3.2 million. “We are thrilled to share […] - [Alloya Announces Fee Waiver for All Members](https://thecreditunionconnection.com/alloya-announces-fee-waiver-for-all-members/): As we wish all our members a happy and prosperous 2025, Alloya closed out 2024 by expressing heartfelt gratitude to its membership for its unwavering support and trust. The loyalty and partnership of Alloya\’s members has been instrumental to the organization\’s success. In recognition of this support, Alloya is pleased to announce that all fees for the month of November were waived for all members so that they could enjoy a fee-free December billing – representing $4 million in added value returned to members. \”Alloya’s mission is to support credit union success. A fee waiver for the month of December […] - [Purdue Federal Credit Union Reflects On Successful 2024 Empowerment Program](https://thecreditunionconnection.com/purdue-federal-credit-union-reflects-on-successful-2024-empowerment-program/): As the new year begins, Purdue Federal Credit Union reflects on another impactful year of the Financial Empowerment Program. The program was designed to equip individuals with essential tools, resources, and knowledge to take control of their financial future. This is done by empowering participants with skills in budgeting, saving, debt reduction, and other vital aspects of money management, fostering improved financial stability and confidence. The program focuses on tailoring resources to meet participants\’ individual needs, which ultimately helps them thrive. Throughout 2024, the Financial Empowerment Program engaged 12 members who participated in workshops, individual coaching, and educational sessions. Among […] - [LLCU Donates $10,000 To Decatur Area Habitat For Humanity](https://thecreditunionconnection.com/llcu-donates-10000-to-decatur-area-habitat-for-humanity/): LLCU donated $10,000 to Habitat for Humanity for the organization’s community efforts planned in 2025 in central Illinois. The funds were presented to Carl Fuerstenberg, Executive Director of the Decatur Area Habitat for Humanity. Habitat works together with families, local communities, volunteers and partners to provide affordable and safe homes with efforts on policy reform to remove systemic barriers preventing low-income and historically underserved families from accessing adequate, affordable shelter. “We are excited to put this donation into action toward two homes that are nearing completion,” stated Carl Fuerstenberg, Habitat Executive Director. “We are looking to have these two homes […] - [UFirst Credit Union Brings Warmth and Smiles to Utah Children Through the Warm the Soles Program](https://thecreditunionconnection.com/ufirst-credit-union-brings-warmth-and-smiles-to-utah-children-through-the-warm-the-soles-program/): UFirst Credit Union proudly celebrates 30 years of Warm the Soles, spreading holiday joy with new shoes for needy children. UFirst Credit Union is proud to celebrate the 30th anniversary of its beloved Warm the Soles program, a community initiative that brings holiday joy to children in need by providing them with new, well-fitting shoes. The Warm the Soles program was created by UFirst Credit Union in 1994 to address a growing need in Utah’s communities. Many families struggle to provide shoes for their children, especially during the colder months. Recognizing this challenge, UFirst created Warm the Soles to make […] - [Warriors & Quiet Waters Awarded PenFed Foundation Grant to Empower Post-9/11 Combat Veterans to Thrive](https://thecreditunionconnection.com/warriors-amp-quiet-waters-awarded-penfed-foundation-grant-to-empower-post-911-combat-veterans-to-thrive/): Grant supports the 9-month Built for More program that begins and ends with an expedition in nature in Bozeman, Montana The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, today announced it awarded a grant to Warriors & Quiet Waters (WQW), an independent 501(c)(3) nonprofit organization that empowers post-9/11 combat veterans and their loved ones to thrive and live purpose-driven lives through peak experiences in nature, meaningful relationships and a sense of community. The grant supports the Built for More program, which merges the power of outdoor pursuits, the support of comrades, and the expertise of a proprietary personal growth […] - [Three Credit Unions Announce Promotions; Corporate Central Director of Member Experience Earns CU Leader Designation](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-corporate-central-director-of-member-experience-earns-cu-leader-designation/): A couple of credit unions including Bay Federal Credit Union and TBA Credit Union announced promotions within their organizations, and the Director of Member Experience at Corporate Central Credit Union earned a prestigious designation through the Leadership Institute. New Hires PARC Compensation Consulting is excited to announce the hiring of Jen Morgan as part of its continued expansion. The company, a division of PARC Street Group which also includes PARC Street Partners*, was launched on Sept. 4, 2024. Morgan specializes in salary surveys and helping clients feel confident about their pay decisions. She brings a strong background in human resources […] - [CMECU Members Vote in Favor of GLCU Merger](https://thecreditunionconnection.com/cmecu-members-vote-in-favor-of-glcu-merger/): On December 31, 2024, Chicago Municipal Employees Credit Union (CMECU) members voted in favor of the upcoming merger with Great Lakes Credit Union (GLCU). CMECU members became members of GLCU on December 31, 2024. GLCU plans to operate in partnership with CMECU to preserve its 98-year-old legacy. The partnership will provide CMECU members with a wider range of financial products and services, as well as a larger branch network, advanced digital banking technology, and access to financial education and counseling services through the GLCU Foundation for Financial Empowerment. The two organizations originally announced their intent to merge in November 2024. […] - [American Heritage Credit Union Reaches $5 Billion in Assets](https://thecreditunionconnection.com/american-heritage-credit-union-reaches-5-billion-in-assets/): American Heritage Credit Union reaches a historic milestone thanks to the commitment to its members and communities that it serves American Heritage Credit Union (“American Heritage”) recently achieved a major accomplishment in its history, specifically within its asset growth milestone. At the end of December 2024, American Heritage achieved $5 billion in assets. Formed in 1948 as the Budd Workers Federal Credit Union, the original American Heritage branch was on Hunting Park Avenue in North Philadelphia. Today, American Heritage has more than 35 locations across Philadelphia, Bucks, Montgomery and Camden Counties, over 300,000 members and serves more than 800 Workplace […] - [Two New Jersey Credit Unions Combine Forces: Garden Savings FCU Announces Merger With Pinnacle FCU](https://thecreditunionconnection.com/two-new-jersey-credit-unions-combine-forces-garden-savings-fcu-announces-merger-with-pinnacle-fcu/): Garden Savings Federal Credit Union is pleased to announce a merger has been completed with Pinnacle Federal Credit Union, a $94 million credit union headquartered in Parlin, NJ. This strategic partnership aims to strengthen both organizations and provide enhanced financial services to the now 40,000 members that the combined entity will serve. Garden Savings will be the surviving institution. Dennis Fitzpatrick, who served as President and CEO of Pinnacle, notes that “By combining our resources and talent, Garden Savings FCU and Pinnacle FCU will provide an even broader range of products and services, an expanded market footprint now serving four […] - [NCUA Board Approves Non-Registered Investment Fund Pilot Program](https://thecreditunionconnection.com/qpiwdc62ddwma4fc4wrpriywm2quph/): The National Credit Union Administration Board approved, by notation vote, an investment pilot program authorized under section 703.19(c) of the NCUA’s regulations. The NCUA will permit up to 30 complex federal credit unions to engage in investment activities prohibited under part 703 but permitted by the Federal Credit Union Act. ALM First Financial Advisors, LLC., a Securities and Exchange Commission registered investment advisor, requested the investment pilot program. The requested pilot program would allow complex federal credit unions to invest in a series of non-registered investment funds comprised of consumer loans, as follows: The pilot fund would be comprised of […] - [Mountain America Credit Union Boosts BroncoLife with First Down Donation Program](https://thecreditunionconnection.com/mountain-america-credit-union-boosts-broncolife-with-first-down-donation-program/): Credit union pledged donations to support student-athletes for each Boise State first down in 2024 As the official credit union of the Boise State Broncos, Mountain America Credit Union continues its support of BroncoLife through the First Down donation program. Through this unique program, the credit union committed a donation to BroncoLife for every first down completed by the BSU football team in 2024. This year, those first downs added up to $15,000, which will help BroncoLife continue its mission of empowering student-athletes to reach their full potential both in school and on their future career paths. “Community service is […] - [Credit Unions Announce New Hires; GreenState CU SVP Receives JA Gold Leadership Award](https://thecreditunionconnection.com/credit-unions-announce-new-hires-greenstate-cu-svp-receives-ja-gold-leadership-award/): A few credit unions including Royal Credit Union and Climb Credit Union announced new hires, and an SVP from GreenState Credit Union received a top national honor for volunteerism. New Hires Glia announced that channel ecosystem powerhouse Ray Hicken has joined Glia as an executive channel advisor. In this role, Hicken is fortifying and expanding Glia’s channel strategy, accelerating the company’s impact and reach in the voice and digital customer interaction space. Royal Credit Union (Royal) announces Jeni Groppoli as Branch Manager II at their White Bear Lake office. In this position, Groppoli is responsible for overseeing daily operations of the […] - [First Tech Announces Opening of New Bellevue Branch](https://thecreditunionconnection.com/first-tech-announces-opening-of-new-bellevue-branch/): Credit Union expands Washington presence to enhance accessibility of financial services for local tech workers First Tech Federal Credit Union (First Tech) announced the opening of a new and modern, state-of-the-art experience center (XC) in downtown Bellevue to enhance access to financial services for locals working in tech. Located in the innovative 555 Tower next to Amazon, First Tech’s return to downtown Bellevue provides the opportunity to highlight its commitment to member-focused and technology-driven banking solutions, competitive loan rates, and personalized financial services for people in tech. Members and people exploring membership can take advantage of by-appointment financial wellness consultations. […] - [Larry W. Cook Estate\'s Appeal Granted in Negligence Lawsuit Brought Against Navy Federal Credit Union After $3.6 Million of Elderly Veteran\'s Savings Allegedly Sent to Scam Artists](https://thecreditunionconnection.com/larry-w-cook-estates-appeal-granted-in-negligence-lawsuit-brought-against-navy-federal-credit-union-after-36-million-of-elderly-veterans-savings-allegedly-sent-to-scam-artists/): A Washington state woman\’s appeal has been granted in a $3.6 million negligence lawsuit against Wells Fargo and Navy Federal Credit Union. The lawsuit, which concerns alleged fraudulent wire transactions, is scheduled for oral arguments on March 18-21 before the U.S. Court of Appeals for the Fourth Circuit. Janine Williamson filed the lawsuit on behalf of her late uncle, Larry Cook of Herndon, Virginia. \”The Larry W. Cook Estate is confident that oral arguments are the first steps towards justice for Commander Cook,\” said Williamson, the administrator of her uncle\’s estate. Cook served in the U.S. Navy for 24 years, retiring as a commander […] - [Patelco Credit Union Honored with Mastercard’s 2024 “Doing Well by Doing Good” Award](https://thecreditunionconnection.com/patelco-credit-union-honored-with-mastercards-2024-doing-well-by-doing-good-award/): Patelco Credit Union, a Bay Area-based credit union dedicated to the financial wellness of its team, members and communities, is proud to announce it has been recognized as one of Mastercard’s 2024 Segment Award winners in the “Doing Well by Doing Good” category. This prestigious award acknowledges Patelco’s outstanding use of resources to drive community service and charitable contributions that create lasting impacts. Presented annually, the Mastercard Segment Awards honor financial institutions that exemplify leadership and innovation in serving their communities. Patelco’s dedication to improving financial wellness and empowering underserved populations played a pivotal role in earning this recognition. “At […] - [DCUC Applauds Rep. Waters\' Introduction of Key Legislation](https://thecreditunionconnection.com/dcuc-applauds-rep-waters-introduction-of-key-legislation/): Enhancing Credit Union Resilience and Expanding Community Access The Defense Credit Union Council (DCUC) is pleased to see the introduction of two critical pieces of credit union legislation introduced Thursday by House Financial Services Ranking Member Maxine Waters (D-CA). The Central Liquidity Facility (CLF) Enhancement Act (H.R. 10510) and Expanding Financial Access for Underserved Communities Act (H.R. 10510), represent significant steps toward enhancing the resilience and accessibility of credit unions to better serve communities, including those in military and underserved populations. DCUC strongly supports the Central Liquidity Facility (CLF) Enhancement Act, which seeks to make permanent temporary reforms to the […] - [CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle](https://thecreditunionconnection.com/cfpb-sues-jpmorgan-chase-bank-of-america-and-wells-fargo-for-allowing-fraud-to-fester-on-zelle/): Americans have lost hundreds of millions of dollars to fraud tied to payment network’s shoddy safeguards Today, the Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network. Early Warning Services, which operates Zelle, along with three of its owner banks—Bank of America, JPMorgan Chase, and Wells Fargo—rushed the network to market to compete against growing payment apps such as Venmo and CashApp, without implementing effective consumer safeguards. Customers of the three banks named in today’s lawsuit […] - [Rogue Credit Union Raises Over $246,000 For Local Hospital](https://thecreditunionconnection.com/rogue-credit-union-raises-over-246000-for-local-hospital/): On Friday, December 13, Rogue Credit Union leaders visited Asante Rogue Regional Medical Center to present a donation of $246,794 and gift a wagon full of Wally the Wolf stuffed animals to children receiving care. The donation includes funds raised throughout 2024 by Rogue Credit Union members and team members. This contribution is part of Rogue Credit Union’s ongoing commitment to support the Pediatrics Unit of the Olsrud Family Women’s and Children’s Hospital at Asante Rogue Regional, which opened in January 2024. “This gift is an inspiring representation of the generosity of our members and team members,” said Matt Stephenson, […] - [Simplified CECL Tool Updated for December 2024](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-december-2024/): The National Credit Union Administration released the December 2024 update of its Simplified CECL Tool today. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors. For credit unions currently using the Simplified CECL Tool, the December 2024 release is provided to facilitate calculating the credit loss expense—or provision for credit losses—for the period that ends December 31, 2024. The Simplified CECL Tool was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases. Credit unions with assets of less than $10 million may also consider using the […] - [QuantyPhi Launches New CECL Validation Service to Support Credit Union Compliance and Accuracy](https://thecreditunionconnection.com/quantyphi-launches-new-cecl-validation-service-to-support-credit-union-compliance-and-accuracy/): QuantyPhi, a balance sheet optimization CUSO for credit unions, is pleased to announce the launch of its new CECL Validation service. Designed to ensure credit unions’ compliance with the Current Expected Credit Loss (CECL) accounting standard, the service provides a comprehensive review and validation of CECL processes to enhance accuracy, reliability, and regulatory alignment. “Navigating the complexities of CECL compliance can be a significant challenge for credit unions,” said Adam Stone, President. “QuantyPhi’s CECL Validation service delivers the expertise and insights credit unions need to ensure their CECL processes are robust, reliable, and fully compliant with regulatory expectations.” QuantyPhi’s CECL […] - [ORNL FCU Delivers Holiday Cheer: 10 Members Auto Loans Paid Off and Two Members Receive Year-Long Mortgage Relief](https://thecreditunionconnection.com/ornl-fcu-delivers-holiday-cheer-10-members-auto-loans-paid-off-and-two-members-receive-year-long-mortgage-relief/): Just in time for the holiday season of giving, 10 lucky members of ORNL Federal Credit Union (ORNL FCU) had their auto loans completely paid off, and two more members were chosen to have their mortgage payments covered for an entire year.  The randomly selected winners were personally notified by ORNL FCU President & CEO Jenny Vipperman. One auto loan payoff recipient was so stunned, he commented that he “didn’t even know what to think and called the ORNL FCU fraud department.”  \”It was a true honor to share such exciting news with our members,” said Vipperman. “Their initial surprise […] - [Credit Unions Chart New Territory in 2024](https://thecreditunionconnection.com/credit-unions-chart-new-territory-in-2024/): A Look at the Strategies Shaping the Future in the New Year As 2024 draws to a close, credit unions across the nation are reflecting on a year of resilience, adaptability, and community-focused innovation. Leaders from some of the most dynamic credit unions share key strategies that fueled growth, the economic trends they navigated, and the lessons they’ll carry into 2025. Across the board, credit unions leveraged customized programs to meet their members’ unique needs, with many focusing on loan growth. The $118 million United Community Credit Union, which serves eight counties in Illinois and Missouri, has seen nearly $12 […] - [APCU/Center Parc Credit Union Joins with MarkIII to Expand Access to Credit for Members](https://thecreditunionconnection.com/apcucenter-parc-credit-union-joins-with-markiii-to-expand-access-to-credit-for-members-1/): APCU/Center Parc Credit Union (APCU/Center Parc) is excited to announce an agreement with MarkIII (MKIII) to enhance credit access for its members. Through this collaboration, APCU/Center Parc will streamline loan approvals, confidently approve more borrowers, and achieve key goals like ROA targets, capital relief, and new member growth. \”Working with MKIII is a key step in enhancing our ability to serve our members,\” said John Anderson, Chief Lending Officer at APCU/Center Parc. \”Their technology will enable us to approve more loans confidently and efficiently, ensuring our members receive the financial support they need. This collaboration directly aligns with our mission to help our […] - [TruStage™ Ranks Top Five in Individual Life Insurance Sales](https://thecreditunionconnection.com/trustage-ranks-top-five-in-individual-life-insurance-sales/): Year to date through the third quarter, TruStage total sold over 190,000 policies. TruStage announced today that it ranks fifth in individual life insurance sales by total policy count according to year-to-date Q3 data from the Life Insurance Marketing and Research Association (LIMRA), the largest trade association supporting the insurance and related financial services industry. The recognition illustrates commitment from TruStage to make brighter financial futures more accessible for all by providing best-in class solutions for the middle market. This results in coverage for families during the times they need it most. \”This ranking by LIMRA is another significant milestone […] - [Soarion Credit Union Welcomes Sharlene East as Its New Chief Financial Officer](https://thecreditunionconnection.com/soarion-credit-union-welcomes-sharlene-east-as-its-new-chief-financial-officer/): East Most Recently Served as Executive Vice President and Chief Operating Officer of Kirtland Federal Credit Union in New Mexico Sharlene East has joined Soarion Credit Union as Chief Financial Officer. Prior to joining Soarion, East was the Executive Vice President and Chief Operating Officer of Kirtland Federal Credit Union in New Mexico. With more than 22 years of experience in the financial industry, East is a proven expert in planning, financial oversight, and risk management, while ensuring compliance and boosting profitability through innovative solutions and collaborative team efforts. In her new role at Soarion, East will oversee the San […] - [Greylock Federal Credit Union Partners with Berkshire Harm Reduction on Narcan Kits at Select Branches](https://thecreditunionconnection.com/greylock-federal-credit-union-partners-with-berkshire-harm-reduction-on-narcan-kits-at-select-branches/): Greylock Federal Credit Union has partnered with Berkshire Harm Reduction to make Narcan resources available in exterior boxes at four of its credit union branches throughout Berkshire County, as part of Greylock’s commitment to community well-being. Narcan boxes are now available outside of the West Street, Kellogg Street, North Adams, and Great Barrington branches. The initiative was led by the following Greylock team members: Cindy Shogry-Raimer, Vice President and Director of Community Development, and Rachel Mabee, Vice President, Culture and Brand. “By making Narcan accessible, we hope to foster understanding, compassion, and support for those who may be struggling in […] - [Affinity Federal Credit Union Launches Second Annual Wellbeing Awards](https://thecreditunionconnection.com/affinity-federal-credit-union-launches-second-annual-wellbeing-awards/): The initiative celebrates New Jersey’s champions of financial, community, and physical wellbeing Affinity Federal Credit Union (“Affinity”) announces the return of its Wellbeing Awards, an annual program recognizing individuals and organizations across New Jersey who demonstrate excellence in financial, community, and physical wellbeing. The initiative highlights the impactful efforts of local leaders and businesses who strengthen their communities through innovative and meaningful programs. The awards are designed to celebrate and inspire efforts that make a meaningful difference in the wellbeing of New Jersey communities. Individuals and organizations across the state are encouraged to submit nominations highlighting innovative programs or resources […] - [Scienaptic and MDT Partner to Bring AI-Driven Lending to Credit Unions](https://thecreditunionconnection.com/scienaptic-and-mdt-partner-to-bring-ai-driven-lending-to-credit-unions/): MDT clients can now access advanced AI capabilities for smarter, more inclusive lending Scienaptic AI today announced a strategic partnership with MDT. This partnership is set to empower credit unions utilizing MDT’s solutions with advanced AI-driven underwriting capabilities, enabling more inclusive lending while enhancing operational efficiency and member service. MDT is a trusted partner for credit unions, enabling them to navigate complex financial technology ecosystems. As a host of the Symitar® core processing system from Jack Henry™, MDT provides credit unions with access to an extensive suite of tools and solutions that drive growth, competitiveness, and digital transformation. Serving over […] - [WFCU Opens Application Portal for 2025 ICUDE Designation](https://thecreditunionconnection.com/wfcu-opens-application-portal-for-2025-icude-designation/): Credit Union Development Educators (CUDEs) encouraged to apply by April 11 Worldwide Foundation for Credit Unions (WFCU), in partnership with World Council of Credit Unions (WOCCU), is now accepting applications for the 2025 International Credit Union Development Educators (ICUDE) designation. CUDEs looking to expand their global impact are encouraged to apply by Friday, April 11, 2025.  Why Apply?Expand your leadership on an international scale. Connect with top CUDEs tackling global challenges.Gain new insights to drive meaningful change in your credit union and community. ICUDE Eligibility CriteriaTo qualify, applicants must complete four key steps in their global credit union journey: Earn a CUDE designation […] - [WOCCU Asks Secretary of State Rubio to Honor Existing USAID Funding Obligations](https://thecreditunionconnection.com/woccu-asks-secretary-of-state-rubio-to-honor-existing-usaid-funding-obligations/): Letter from President and CEO Elissa McCarter LaBorde stresses importance of USAID financial inclusion projects implemented through credit unions World Council of Credit Unions (WOCCU) President and CEO Elissa McCarter LaBorde on Monday sent a letter to U.S. Secretary of State Marco Rubio stressing the strategic importance of the USAID-funded financial inclusion projects WOCCU implements through credit unions in eight countries and asking he honor USAID\’s existing funding obligations. \”USAID funding has allowed us to leverage millions of dollars of private capital through credit unions to increase the incomes of individuals, create jobs, support local economies and deliver what has become […] - [RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation ](https://thecreditunionconnection.com/rtp-network-doubles-volume-in-18-months-surpassing-1-billion-transactions-and-driving-us-payment-innovationnbsp/): The rapid acceleration of instant payments on the RTP® network redefines how money moves across the United States.  The RTP® network has achieved a major milestone, surpassing 1 billion payments – just 18 months after crossing the 500 million transaction mark. After taking more than five years to reach the first half a billion payments, the network’s recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States. This extraordinary increase reflects the growing demand for faster, more transparent, and always-available payment solutions from consumers, businesses, and the financial community. When the RTP network exceeded the 1 […] - [Unitus Community Credit Union Announces Partnership with The Wetlands Conservancy](https://thecreditunionconnection.com/unitus-community-credit-union-announces-partnership-with-the-wetlands-conservancy/): Partnership will help credit union maintain and restore wetlands at its Tigard facility Unitus Community Credit Union is proud to announce a new partnership with The Wetlands Conservancy to support the preservation and care of our invaluable wetlands ecosystems. This partnership underscores the credit union’s dedication to environmental sustainability and community impact. As part of the partnership, Unitus awarded The Wetlands Conservancy a $25,000 Community Impact Grant. This funding will help the organization continue its vital work, from restoration efforts to community education and access improvement. Unitus President and CEO, Steven Stapp, and SVP/Chief Risk Officer, James Alexander, recently explored […] - [Two Credit Unions Announce Promotions; Georgia Credit Union Association Recognizes 2024 Lawmaker of the Year](https://thecreditunionconnection.com/two-credit-unions-announce-promotions-georgia-credit-union-association-recognizes-2024-lawmaker-of-the-year/): Two credit unions, including Purdue Federal Credit Union, announced promotions within their organizations, and the Georgia Credit Union Association presented the 2024 State Lawmaker of the Year Award. New Hires Aux is excited to announce a series of strategic personnel updates designed to fortify its team and elevate the quality of service offered to its valued clients. New Hires Joye Jackson – Business Development Sales Associate Karen Conner – Compliance Specialist II Recognitions The Georgia Credit Union Association, a subsidiary of The League of Credit Unions, proudly recognizes Georgia State Representative Matt Reeves (HD-99) as the recipient of the 2024 […] - [MDT Empowers Credit Unions to Remain Institutions of Choice in 2024](https://thecreditunionconnection.com/mdt-empowers-credit-unions-to-remain-institutions-of-choice-in-2024/): New clients and partners, expanded solutions and elevated business strategy propelled momentum and growth in 2024 MDT today reflected on a strong year of growth and innovation, including its expanded client and partner community, dynamic new offerings and the launch of its elevated go-forward business strategy, helping empower credit unions to grow and solidify their positions as institutions of choice. As credit unions face new technological advancements and evolving member expectations, MDT is committed to providing the solutions and guidance needed to help organizations thrive. As a result, 5 credit unions, such as Sovita Credit Union, partnered with MDT and […] - [Zest AI Expands Credit Union Fraud Protection Through Integration with Sync1 Systems](https://thecreditunionconnection.com/zest-ai-expands-credit-union-fraud-protection-through-integration-with-sync1-systems/): Expanded partnership brings smarter, more efficient AI fraud detection to financial institutions Zest AI announced an expanded partnership with Sync1 Systems, an industry-leading cloud-based Loan Origination System, focused on lending and digital experience. This strategic collaboration provides Sync1 Systems\’ customers with access to Zest Protect, Zest AI\’s smarter, configurable, and seamless AI application fraud detection tool, to more quickly and accurately identify and capture different types of origination fraudduring the loan application process. Building on Sync1 Systems\’ June 2023 integration of Zest AI\’s automated underwriting capabilities, this expansion builds on the established partnership between the two companies. \”Credit unions need sophisticated fraud […] - [Landmark Credit Union President & CEO to Retire at the End of 2025](https://thecreditunionconnection.com/landmark-credit-union-president-amp-ceo-to-retire-at-the-end-of-2025/): Jay Magulski, president and chief executive officer of Landmark Credit Union announced his decision to retire at the end of the year, marking the conclusion of his 23-year distinguished career with the organization.   \”We are extremely grateful for Jay\’s leadership as president & CEO for the past 12 years,\” said Brian Dorow, chairperson of Landmark\’s board of directors. \”His commitment to associates, members and the community has strengthened the foundation of Landmark Credit Union and has positioned the organization well for future growth.\” Magulski\’s tenure was marked by many notable accomplishments that kept Landmark at the forefront of the industry. […] - [Illinois Credit Union League’s CTC Committee Donates to Local Food Pantries](https://thecreditunionconnection.com/illinois-credit-union-leagues-ctc-committee-donates-to-local-food-pantries/): The Illinois Credit Union System (ICUS) announced that it has donated $14,000 to local area food pantries across the country as part of its Commit to Change Committee’s holiday giving campaign. The generous contributions help provide much-needed food assistance to families and individuals struggling with food insecurity during the winter months. “We are proud to support our local communities through this donation,” said Libby Calderone, CEO of the Illinois Credit Union League (ICUL) and Envisant. “Food insecurity is a serious issue in many parts of the country, and we are committed to helping those in need gain access to healthy, […] - [Westerra Credit Union Announces Change in Leadership ](https://thecreditunionconnection.com/westerra-credit-union-announces-change-in-leadershipnbsp/): Westerra Credit Union has announced that Steve Schmidle has resigned from his role as President and Chief Executive Officer (CEO). Mr. Schmidle’s six-year tenure at Westerra has been marked by his dual contributions as both CEO and Chief Financial Officer, during which time he brought a professional approach and unwavering commitment that fostered numerous positive advancements for the organization.  Mr. Schmidle will continue to lead as President and CEO until April 30, 2025. During this time, he will work closely with the Board of Directors to ensure a smooth and seamless transition to new leadership. A comprehensive Succession Plan is in place […] - [Michigan Legacy Credit Union Announces Annual Patronage Dividends, Reflecting Another Benefit of Credit Union Membership](https://thecreditunionconnection.com/michigan-legacy-credit-union-announces-annual-patronage-dividends-reflecting-another-benefit-of-credit-union-membership/): Carma Peters, president and CEO of Michigan Legacy Credit Union is pleased to announce the credit union’s Patronage 365 dividend totals for 2024. Patronage dividends, also known as patronage refunds, are refunded payments to credit union and other financial cooperative members. According to Peters, Michigan Legacy opts to distribute its patronage dividends back to its members every day of the year in fee waivers (hence, ‘Patronage 365’), based on the members’ participation with the credit union. The dividend increases as members increase their financial transaction activity. “I tell members that the more you use your credit union, the less you […] - [Maine State Credit Union Launches Charitable Giving Program with a Fundraiser to Help Victims of the LA Fire and Hurricane Helene](https://thecreditunionconnection.com/maine-state-credit-union-launches-charitable-giving-program-with-a-fundraiser-to-help-victims-of-the-la-fire-and-hurricane-helene/): Maine State Credit Union is excited to launch “People Helping People,” a new charitable giving initiative dedicated to helping people through donations and volunteer efforts in Maine and across the United States. The first event for this program is a disaster relief fundraiser to help people and animals impacted by the devastating fires in California and Hurricane Helene that hit the people of North Carolina. Maine State Credit Union has established a disaster relief fund. It welcomes members, non-members, and the entire community to donate to help those severely impacted by recent natural disasters. “Helping people is one of the […] - [VyStar Credit Union Unveils \'Through Your Life\' Campaign: Empowering Members to Bank Better at Every Life Stage](https://thecreditunionconnection.com/vystar-credit-union-unveils-through-your-life-campaignempowering-members-to-bank-better-at-every-life-stage-2/): Commercial Spot to Run in VyStar Markets During the Big Game VyStar Credit Union announced the launch of its inspiring new brand campaign, “Through Your Life,” designed to celebrate life’s moments – big and small – while reinforcing VyStar’s commitment to its members. At the heart of this campaign lies VyStar’s purpose to uplift and empower its members and communities it serves. From a first savings account to planning for retirement, and all the moments in between, VyStar supports every milestone, helping members achieve financial confidence and a brighter future. “Through Your Life” highlights that banking is about shared experiences, […] - [VyStar Credit Union Unveils \'Through Your Life\' Campaign: Empowering Members to Bank Better at Every Life Stage](https://thecreditunionconnection.com/vystar-credit-union-unveils-through-your-life-campaignempowering-members-to-bank-better-at-every-life-stage/): Commercial Spot to Run in VyStar Markets During the Big Game VyStar Credit Union announced the launch of its inspiring new brand campaign, “Through Your Life,” designed to celebrate life’s moments – big and small – while reinforcing VyStar’s commitment to its members. At the heart of this campaign lies VyStar’s purpose to uplift and empower its members and communities it serves. From a first savings account to planning for retirement, and all the moments in between, VyStar supports every milestone, helping members achieve financial confidence and a brighter future. “Through Your Life” highlights that banking is about shared experiences, […] - [Sparrow and CUNA Strategic Services Unite to Empower Gen Z & Millennial Financial Futures](https://thecreditunionconnection.com/sparrow-and-cuna-strategic-services-unite-to-empower-gen-z-amp-millennial-financial-futures/): CUNA Strategic Services is pleased to announce its new alliance with Sparrow, a trailblazer in fintech disruption. This collaboration aims to help credit unions meet the unique lending and engagement needs and aspirations of Gen Z and Millennial members. “The alliance between Sparrow and CUNA Strategic Services is a commitment to revolutionizing how credit unions connect with younger generations,” stated Barb Lowman, President of CUNA Strategic Services. “In the digital age, innovation is imperative. Through Sparrow\’s advanced lending technology, credit unions are equipped to seamlessly adapt to the dynamic needs of Gen Z and Millennials, ensuring a future where credit […] - [Farmers Insurance FCU Selects Mirella Reznic as Next CEO](https://thecreditunionconnection.com/farmers-insurance-fcu-selects-mirella-reznic-as-next-ceo/): Farmers Insurance Federal Credit Union (FIFCU) has selected Mirella Reznic as its next CEO. Reznic will assume her new role on February 3, 2025. “Mirella’s selection comes after a rigorous and thoughtful process of assessing and interviewing numerous, highly qualified and impressive internal and external candidates,” says Rudy Trevino, FIFCU Board Chairman. “Throughout the process, we made it a priority to select an individual with broad credit union and financial services executive leadership experience, who is committed to our long-standing, member-focused culture, our mission, and our strategy. The Board feels strongly that Mirella exceeds all these requirements.” Most recently, Reznic […] - [ELGA Credit Union Partners with Tyfone to Innovate Digital Banking ](https://thecreditunionconnection.com/elga-credit-union-partners-with-tyfone-to-innovate-digital-bankingnbsp/): Credit union selects retail and commercial banking solution for its configurability Digital banking provider Tyfone today announced ELGA Credit Union (ELGA CU, Grand Blanc, Mich.-based, $1.55 billion in assets, 98,000 members) selected its nFinia® Digital Banking Platform for retail and commercial account holders.  “We want to help our members plan for the future and to do that we need a state-of-the-art, modern architecture that can deliver a personalized experience to each account holder.” said Zach Eychaner, VP of Digital Experience at ELGA CU. “From the very beginning, our teams were completely aligned in our vision, and we knew that Tyfone […] - [CFPB Updates List of Consumer Reporting Companies](https://thecreditunionconnection.com/cfpb-updates-list-of-consumer-reporting-companies/): 2025 report tells consumers how to get a security freeze and block access to their credit reporting data Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data, including individuals’ finances, employment, check writing histories, or rental history records. People can use the list to, among other things, request their consumer reporting data, dispute inaccuracies, and block access to their credit reporting data through security freezes. The list also informs consumers about the types of personal financial information that […] - [Call for Entries: LAFCU’s 2025 Write to Educate Essay Contest](https://thecreditunionconnection.com/call-for-entries-lafcus-2025-write-to-educate-essay-contest/): $20K in college scholarships available for Michigan high school seniors Starting Feb. 1, 2025, LAFCU will accept applications for its annual Write to Educate Essay Contest. This initiative will award $20,000 in scholarships to four Michigan high school seniors, with each winner receiving $5,000 toward college. Additionally, LAFCU will donate $500 to a charity selected by each winner, contributing an additional $2,000 to local communities. Applications will be accepted through March 31, 2025. The contest is open to all Michigan high school seniors, with no restrictions based on GPA, financial need, or LAFCU membership. Participants are required to submit a […] - [Patelco Credit Union Partners with United Way Bay Area to Empower Financial Wellness Through SparkPoint Centers & SPARK Your Savings Emergency Grant Program](https://thecreditunionconnection.com/patelco-credit-union-partners-with-united-way-bay-area-to-empower-financial-wellness-through-sparkpoint-centers-amp-spark-your-savings-emergency-grant-program/): Patelco Credit Union announced its strategic partnership with United Way Bay Area (UWBA). Through UWBA’s impactful SparkPoint Centers, Patelco and UWBA advanced financial wellness initiatives, including the highly successful SPARK Your Savings Emergency Grant Program, designed to help low-income individuals build emergency savings and develop lasting financial habits.  UWBA’s SparkPoint Centers work with families to meet their basic needs, increase their income, build their credit, increase their savings, and reduce their debt. Financial coaches at SparkPoint work one-on-one with clients to recognize behavioral outcomes, set goals, brainstorm strategies, and develop realistic action plans. Focusing on leveraging clients\’ strengths, building motivation, […] - [Feeling Overwhelmed? 5 Ways to Simplify Your New Year Goals](https://thecreditunionconnection.com/feeling-overwhelmed-5-ways-to-simplify-your-new-year-goals/): Corlinda Wooden, Founder, Wooden Consulting Have you heard of Quitter\’s Day? If you are like me and have not heard of this before, it has come to be known as the second Friday in January. Less than two weeks into the new year, people are giving up on their New Year\’s resolutions. What causes this? What makes us feel so overwhelmed that we’d give up that quickly? One thought on this is that the holidays are over, and your to-do list at work is already growing—especially if you’ve stepped into a new role or are managing increasing responsibilities, possibly with […] - [Meridia Community Credit Union Signs New and Renewal Agreements with Synergent](https://thecreditunionconnection.com/meridia-community-credit-union-signs-new-and-renewal-agreements-with-synergent/): A new agreement was signed with Synergent for integrated credit card services. Synergent will also continue to deliver hosted Jack Henry™ Symitar® core processing and additional solutions. Synergent® is thrilled to announce Meridia Community Credit Union has signed a ten-year renewal agreement with Synergent for hosted Jack Henry™Symitar® core processing. Additionally, the credit union has committed to a five-year extension for Opening Act™ and iPay Consumer Bill Pay. For Michael Hoffman, President and CEO of Meridia Community Credit Union, the decision to renew with Synergent was an easy one. “Expanding and continuing our partnership was the best choice we could […] - [GoWest Declares 2025 the Year of Financial Health](https://thecreditunionconnection.com/gowest-declares-2025-the-year-of-financial-health/): New reports released show economic and community impact of credit unions serving Americans in Western Region GoWest Credit Union Association has declared 2025 the Year of Financial Health, championing credit unions as a great choice for Americans seeking people-first financial services. This announcement comes as the 2025 GoWest Impact Reports became public, which highlight the economic and social contributions of credit unions across the region. With one-third of Americans holding credit union memberships, credit unions remain a cornerstone of financial well-being for more than 140 million people. Unlike for-profit institutions, credit unions operate as not-for-profit, democratically controlled cooperatives owned by […] - [Merrimack Valley Credit Union Announces Annual Scholarship Program](https://thecreditunionconnection.com/merrimack-valley-credit-union-announces-annual-scholarship-program/): The credit union will award more than $26,000 to locla high school seniors Merrimack Valley Credit Union’s (MVCU) annual scholarship program is now accepting applications from high school seniors graduating in 2025. This year, the credit union will award more than $26,000 to 18 students within its field of membership. Two of the awards honor late members of the credit union’s family: The Lisa Lewis Goodman Community Spirit Award of $2,500 will be presented to one student who embodies the credit union philosophy of people helping people, dedicating themself to their community through volunteer efforts both in and outside of […] - [WESTconsin Credit Union to Host Fundraiser for Area Children’s Hospitals](https://thecreditunionconnection.com/westconsin-credit-union-to-host-fundraiser-for-area-childrens-hospitals/): During the month of February, WESTconsin Credit Union will host the Hearts of Hope fundraiser supporting area Children’s Miracle Network (CMN) Hospitals—Gillette Children’s Specialty Healthcare and CMN Hospitals at Gundersen Health System. Members are invited to show their support of CMN Hospitals from February 1-28 by purchasing a small paper heart for a donation of $5 or more or a Wall of Fame paper heart for $25 or more at their local WESTconsin office or by calling the Service Center at (800) 924-0022. All hearts will be proudly displayed in WESTconsin lobbies throughout the month. In 2024, the campaign raised […] - [CFPB Report Finds Continued Challenges for Households that Rent](https://thecreditunionconnection.com/cfpb-report-finds-continued-challenges-for-households-that-rent/): Late payments decreased overall, but data reveal growing balances and increasing fees The Consumer Financial Protection Bureau (CFPB) released two reports looking at national rental payment data from September 2021 to November 2024. The percentage of renters who paid late fees in the last year reached 23% in February 2023. While the rate declined to slightly less than 14% in November 2024, the CFPB’s analysis found that the median outstanding rental balance rose 60% between September 2021 and November 2024, suggesting increased financial distress among affected households. Renters who do pay late fees often pay multiple late fees in a […] - [Mahalo Banking Closes Seven New Deals in December, Highlighting the Rapid Growth of Its Thoughtful Digital Banking Solution](https://thecreditunionconnection.com/mahalo-banking-closes-seven-new-deals-in-december-highlighting-the-rapid-growth-of-its-thoughtful-digital-banking-solution/): Mahalo Banking announced the successful closure of seven new credit union partnerships in December 2024. This achievement caps off a year of outstanding growth in 2024 and underscores the strong demand for Mahalo’s Thoughtful Digital Banking Solution, a platform that redefines the banking experience with a focus on personalized, member-focused, and core-centric services. The new partnerships span credit unions of all asset sizes, including True North Federal Credit Union, North Iowa Community Credit Union, Security First Credit Union, Police Federal Credit Union, Peninsula Community Federal Credit Union, Aspen Federal Credit Union, and Astera Credit Union. These partnerships reinforce Mahalo’s growing industry impact […] - [AUX Onboards Six New Clients To Close Out 2024](https://thecreditunionconnection.com/aux-onboards-six-new-clients-to-close-out-2024/): Aux is pleased to announce the addition of six new clients, highlighting the growing demand for its expertise in accounting, CFO consulting and compliance. The latest partnerships include: CFO Services: EDUCATION FIRST FCU GFA FCU RVA FINANCIAL SECURITYPLUS FCU Accounting and CFO Services: ARISE COMMUNITY CU Compliance Services: AMPLIFY CU These new collaborations reinforce Aux’s dedication to delivering personalized, flexible and exceptional back-office support tailored to the unique needs of credit unions. By addressing the evolving challenges faced by the industry, Aux continues to solidify its reputation as a reliable partner. As these partnerships flourish, Aux remains committed to enhancing […] - [CFPB Finds Servicemembers Pay More in Auto Lending Market](https://thecreditunionconnection.com/cfpb-finds-servicemembers-pay-more-in-auto-lending-market/): Military borrowers face larger loans, higher interest rates, and more costly add-on products Today, the Consumer Financial Protection Bureau (CFPB) published a report showing that United States servicemembers pay higher costs and face greater financial risks than civilian borrowers when taking out credit to buy a car. The report analyzes more than 20 million auto loans originated between 2018 and 2022, and finds that servicemembers typically have larger loans, make smaller down payments, and ultimately shoulder higher monthly costs. While servicemembers pay nearly the same for both new and used vehicles as civilian buyers do, servicemembers on average pay more […] - [Education Foundation for California Schools Announces Grant Recipients for 2024 Applicants](https://thecreditunionconnection.com/education-foundation-for-california-schools-announces-grant-recipients-for-2024-applicants/): More than 100 Grants Awarded to Teachers in 40 Districts The Education Foundation for California Schools, a non-profit organization created by SchoolsFirst Federal Credit Union and the Orange County Department of Education, announced that it awarded 119 grants to teachers throughout the state to help fund programs designed to encourage students to learn and excel in the core subjects of language arts, science and mathematics, foreign language, and social studies. The grants – awarded in $1,000 and $5,000 funding levels – total more than $330,000. A total of 119 Foundation grants were distributed to teachers in 11 counties throughout Northern […] - [SELCO Community Credit Union To Begin Accepting Applications On Feb. 1 For Expanded Scholarship Program](https://thecreditunionconnection.com/selco-community-credit-union-to-begin-accepting-applications-on-feb-1-for-expanded-scholarship-program/): Now in its 35th year, the scholarship program has evolved under the credit union’s SELCO Steps Up initiative, awarding nearly $80,000 in scholarships to traditional, nontraditional, and vocational students SELCO Community Credit Union will begin accepting applications on Saturday, Feb. 1 from eligible students interested in its expanded SELCO Steps Up scholarship program, which will award nearly $80,000 in student support. The application window for prospective students will remain open through Monday, March 31. SELCO will award a total of 20 scholarships to eligible students—which includes traditional, nontraditional, and vocational students—worth $3,500 each. One recipient will receive the $7,500 Richard Metzler […] - [The cost of comfort: empowering credit union leaders to embrace change](https://thecreditunionconnection.com/the-cost-of-comfort-empowering-credit-union-leaders-to-embrace-change/): The greatest danger for credit union leaders today isn’t external competition; it’s the comfort zone quietly eroding innovation and momentum. Jackie Brown, Founder, Shifting Success After years of working hard on the front lines, many dedicated credit union staffers earn a promotion into management and leadership. They settle into it, finding there’s a rhythm that feels pretty good. And before long the meetings are on repeat, the same metrics get measured, and even the office politics has found a cycle. Everything feels steady, predictable, even safe. Sounds pretty good for a financial institution, right? A steady, predictable, safe and secure […] - [Alkami Co:lab 2025 Brings 40+ Speakers from Financial Institutions to be Featured at the Conference](https://thecreditunionconnection.com/alkami-colab-2025-brings-40-speakers-from-financial-institutions-to-be-featured-at-the-conference/): Industry leaders and visionaries to gather for premier digital banking event; highlight is keynote speaker Jason Dorsey and other financial services experts Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., proudly announces Alkami Co:lab 2025, scheduled to take place March 31 – April 2, 2025 in Nashville, TN. This premier event will encompass attendees from the industry\’s leading community banks, credit unions, fintech providers, consultants, and analyst firms to lead, learn, network, and collaborate to drive banking forward. \”Alkami Co:lab is a catalyst for innovation and collaboration in the […] - [Honor Credit Union Opens Applications For 15th Annual Scholarship Program](https://thecreditunionconnection.com/honor-credit-union-opens-applications-for-15th-annual-scholarship-program/): Honor Credit Union is excited to continue its 15-year tradition of supporting Michigan students through its 2025-2026 Community Commitment Scholarship Program. This year, Honor will award a total of $30,000 in scholarships, providing 12 community-driven high school seniors with $2,500 each to help them achieve their college or trade school education goals. Honor Credit Union’s history is rooted in supporting education, beginning over 90 years ago as Berrien Teachers Credit Union. Though its membership has grown and expanded to 28 locations across Michigan, Honor’s dedication to serving educators, students, and community members remains at the core of its mission. Scott […] - [Velera Launches Card on File Solution to Enable Broadscale Merchant Payment Updates](https://thecreditunionconnection.com/velera-launches-card-on-file-solution-to-enable-broadscale-merchant-payment-updates/): Velera – formerly PSCU/Co-op Solutions today announced the introduction of its Card on File solution, which enables cardholders to seamlessly update payment methods across more than 115 merchants. Now commonplace in the increasingly digital age, card on file transactions are those made using cardholders’ stored account credentials to execute purchases with authorized merchants, often for recurring or subscription payments. Available through Velera’s DX Online and DX Mobile platforms, along with APIs, Card on File will provide credit unions with the ability for cardholders to push new or updated credentials to merchants, allowing for real-time updates and eliminating the need for […] - [Congressman Tom Emmer to Speak at DCUC\'s Defense Matters 2025](https://thecreditunionconnection.com/congressman-tom-emmer-to-speak-at-dcucs-defense-matters-2025-2/): The Defense Credit Union Council (DCUC) is honored to announce that Congressman Tom Emmer (MN-06), Majority Whip of the U.S. House of Representatives, will address attendees and guests during DCUC’s Defense Matters 2025 on Tuesday, March 4 at the Marriott Marquis, Washington, D.C. As a leading voice in Congress and a member of the House Financial Services Committee, Congressman Emmer brings a shared vision in advancing support for military families and strengthening America’s financial sector. With five terms in Congress and a track record of impactful leadership, including serving as National Republican Congressional Committee Chairman and now House Majority Whip, […] - [Congressman Tom Emmer to Speak at DCUC\'s Defense Matters 2025](https://thecreditunionconnection.com/congressman-tom-emmer-to-speak-at-dcucs-defense-matters-2025/): The Defense Credit Union Council (DCUC) is honored to announce that Congressman Tom Emmer (MN-06), Majority Whip of the U.S. House of Representatives, will address attendees and guests during DCUC’s Defense Matters 2025 on Tuesday, March 4 at the Marriott Marquis, Washington, D.C. As a leading voice in Congress and a member of the House Financial Services Committee, Congressman Emmer brings a shared vision in advancing support for military families and strengthening America’s financial sector. With five terms in Congress and a track record of impactful leadership, including serving as National Republican Congressional Committee Chairman and now House Majority Whip, […] - [MilVet Startups Announces Annual Military Veteran Startup Conference Feb. 5-6 in San Francisco](https://thecreditunionconnection.com/milvet-startups-announces-annual-military-veteran-startup-conference-feb-5-6-in-san-francisco/): Context Ventures brings together military veteran entrepreneurs, investors and industry leaders at the largest Military Veteran startup conference. The Military Veteran Startup Conference invites military veteran founders, future founders, veterans, investors and civilian allies to attend MVS2025, the largest military veteran startup conference, on February 5-6, 2025 at the Marines\’ Memorial Club, San Francisco. The PenFed Foundation, a national nonprofit organization that supports veterans in their transition from service to success, is a proud event partner. The conference focuses on educating, inspiring, empowering, networking, and dealmaking. The conference will cover a range of topics such as defense tech, dual use […] - [Elan Charitable Giving Program Surpasses $2 Million in Donations](https://thecreditunionconnection.com/elan-charitable-giving-program-surpasses-2-million-in-donations/): Elan Credit Card today announced $250,000 in donations across 25 communities through its philanthropic initiative, the Elan Charitable Giving program. Each $10,000 donation was given to a local organization selected by an Elan Credit Card partner. “Over the last three years, this program has received such positive response from our partners and their communities, and we’re thrilled to continue the initiative in 2025,” said Aaron Melnarik, Director of Client Relationships at Elan Credit Card. “We serve millions of cardmembers through our credit card partnerships and we hope to support even more through this program and our volunteer work in communities […] - [Mountain America Credit Union Sponsors Artists in Residence Program Through the Leonardo](https://thecreditunionconnection.com/mountain-america-credit-union-sponsors-artists-in-residence-program-through-the-leonardo/): The program empowers local Latino talent, offering artists a unique opportunity to create and showcase their work, with new exhibits featured each month Mountain America Credit Union announced its sponsorship of the Leonardo’s Artists in Residence program, running through October 2025. This partnership underscores Mountain America’s commitment to supporting local and multicultural initiatives that enrich the community. The Artists in Residence program, in collaboration with Artes de Mexico en Utah, features a new Latino artist each month and includes a fixed exhibit on the second floor of the Leonardo. These Utah-based Latino artists will be present throughout the week, allowing […] - [Alliant Credit Union Selects Backbase to Accelerate Banking Innovation](https://thecreditunionconnection.com/alliant-credit-union-selects-backbase-to-accelerate-banking-innovation/): $20B digital-only credit union sets new banking standard for its members with Backbase Backbase is proud to announce its partnership with Alliant Credit Union, the largest branchless, digital-only credit union in the United States. This collaboration will empower Alliant to enhance its digital member experiences and continue its track record as one of the most innovative financial institutions in the nation.  With $20 billion in assets, Alliant Credit Union serves over 900,000 members and is a trailblazer among financial institutions with a focus on excellence in digital banking. This partnership with Backbase underscores Alliant’s commitment to continuously innovate and provide […] - [University of Michigan Credit Union Honors 70 Years of Service with $70,000 in Donations and a Vibrant Success Celebration](https://thecreditunionconnection.com/university-of-michigan-credit-union-honors-70-years-of-service-with-70000-in-donations-and-a-vibrant-success-celebration/): Donations to 10 local charities highlight a historic 2024. Credit Union kicks off 2025 with an electric celebration of its community-focused legacy. The University of Michigan Credit Union (UMCU) capped off its 70th year of service in 2024 by donating $70,000 to 10 local charities. The contributions, part of a community give-back campaign, highlighted a historic year of growth and impact. To celebrate the successful year and milestone, UMCU hosted a Success Celebration at the Henry Ford Museum in Dearborn, bringing together employees, members, and partners for a powerful reflection on its legacy of service and a vision for the […] - [Glia Survey Finds 69% of Leaders Are Dissatisfied With Current Contact Center Technology](https://thecreditunionconnection.com/glia-survey-finds-69-of-leaders-are-dissatisfied-with-current-contact-center-technology/): Company Launches “Glia Difference” Initiative to Spotlight Solutions Purpose-Built for High-Trust Customer Interactions in the AI Era Glia announced the findings of a new industry survey, shedding light on the evolving challenges and opportunities facing today’s contact center teams across banking, credit unions, insurance and more. The original research reveals an industry hungry to move past traditional Contact Center as a Service (CCaaS) technology. Unveiled as the “Glia Difference,” the initiative showcases how Glia’s Unified Interaction Management (UIM) platform is transforming customer experiences and solving the biggest pain points across digital and voice interactions today. Based on responses from leaders […] - [ModernFi CUSO Achieves Industry Milestone: Credit Unions Can Now Offer $10 Million in NCUA Insurance* per Account](https://thecreditunionconnection.com/modernfi-cuso-achieves-industry-milestone-credit-unions-can-now-offer-10-million-in-ncua-insurance-per-account/): Over 40 credit union partners have joined the ModernFi CUSO deposit network in the past twelve months, enabling network credit unions to, for the first time ever, offer members access to $10 million of NCUA insurance* through a single account ModernFi CUSO is pleased to announce that credit unions in the CUSO network can now provide their members access to $10 million in NCUA insurance* through a single account, a major milestone for the industry and for ModernFi in its mission to support credit union deposit and member growth. By offering accounts with millions in extended NCUA insurance*, credit union […] - [Chairman Hauptman Appoints Sarah Bang as NCUA Chief of Staff](https://thecreditunionconnection.com/chairman-hauptman-appoints-sarah-bang-as-ncua-chief-of-staff/): National Credit Union Administration Chairman Kyle S. Hauptman has appointed Sarah Bang as NCUA Chief of Staff and Senior Policy Advisor. She has served as Mr. Hauptman’s Senior Policy Advisor since he joined the Board in December 2020. “Sarah brings a wealth of knowledge and experience to this role,” Chairman Hauptman said. “Her experience managing credit union service organizations, along with her knowledge of the credit union industry, regulations, and policy administration, will be of immense value as we work to improve the regulatory environment for current and future credit unions.” Ms. Bang is a credit union system veteran with […] - [Pasadena Federal Credit Union Selects Hector Martin as Chief Strategy Officer (CSO)](https://thecreditunionconnection.com/pasadena-federal-credit-union-selects-hectormartin-as-chief-strategy-officer-cso/): Pasadena Federal Credit Union proudly announces Hector Martin as its new Chief Strategy Officer (CSO). Martin will drive the Credit Union’s growth and strategic evolution, focusing on enhancing member and employee experiences, strengthening stakeholder engagement, and advancing the Credit Union’s mission to “Engage, Educate, and Inspire every community member.” Overseeing key member-facing areas such as retail branches, the call center, and business development, Martin will lead modernization and digital transformation efforts, ensuring alignment with the Credit Union’s commitment to innovation and community impact. “Today marks an important milestone for Pasadena Federal Credit Union as we welcome Hector to our leadership […] - [DCUC Highlights Credit Unions’ Support of Senior Populations in Letter to Senate Special Committee on Aging](https://thecreditunionconnection.com/dcuc-highlights-credit-unions-support-of-senior-populations-in-letter-to-senate-special-committee-on-aging/): The Defense Credit Union Council (DCUC) wrote to leaders of the Senate Special Committee on Aging ahead of tomorrow’s hearing, “Making Washington Work for Seniors: Fighting to End Inflation and Achieve Fiscal Sanity.” In the letter, DCUC Chief Advocacy Officer Jason Stverak highlighted defense credit unions’ dedication to serving senior members, including military retirees, veterans, and their families. Stverak listed the diverse programs, products, and resources credit unions provide to this important population. DCUC’s letter discussed the services credit unions provide, including financial literacy programs covering fraud prevention, retirement planning, and financial counseling; fraud protection to safeguard seniors’ finances and […] - [Westerra Credit Union Expands Executive Team With Key Appointments ](https://thecreditunionconnection.com/westerra-credit-union-expands-executive-team-nbspwith-key-appointmentsnbsp/): Announces Anneliese Elrod as COO and Kirk Leverington as SVP of Strategy and Performance Excellence Marking a milestone in its growth, Westerra Credit Union (Westerra) expanded its executive leadership team, welcoming Anneliese Elrod as chief operating officer and Kirk Leverington as senior vice president of strategy and performance excellence. Elrod will oversee the credit union’s day-to-day operations, ensuring they align with Westerra’s mission, strategic goals and regulatory requirements. Working closely with Elrod, Steve Schmidle, Westerra’s president and CEO, and the entire executive team, Leverington will shape the long-term vision and direction of the credit union, ensuring the cohesive execution of strategic […] - [DCUC Calls on Senate to Address Credit Union Concerns During SBA Administrator Confirmation](https://thecreditunionconnection.com/dcuc-calls-on-senate-to-address-credit-union-concerns-during-sba-administrator-confirmation/): One Jan. 27, the Defense Credit Union Council (DCUC) sent a letter to the Senate Committee on Small Business and Entrepreneurship regarding the confirmation of The Honorable Kelly Loeffler as Administrator of the Small Business Administration (SBA). In the letter, DCUC Chief Advocacy Officer Jason Stverak shared how credit unions—member-owned, not-for-profit financial cooperatives—continue to provide essential financial services to underserved communities, including military families, at lower costs than for-profit institutions. Stverak emphasized how credit unions, notably defense credit unions, carry a long history and mission in supporting veteran and military-family-owned businesses, providing tailored financial services that continue to foster local […] - [CFPB Report Finds Cash-Out Mortgage Refinance Borrowers Improve Credit Scores](https://thecreditunionconnection.com/cfpb-report-finds-cash-out-mortgage-refinance-borrowers-improve-credit-scores/): Cash-out borrowers paid down credit card debt and auto loans The Consumer Financial Protection Bureau (CFPB) published a report about financial outcomes for cash-out refinance mortgage borrowers. Cash-out borrowers had an initial sharp improvement in credit scores, followed by a gradually worsening of their scores. Scores in general, however, stayed above their pre-refinance levels. The report confirms that borrowers often do use the money from a cash-out refinance to pay down other debts, particularly credit card and auto loan debt. The report looked at borrowers between 2014 and 2021. Home equity is the third-most common financial asset for families, and […] - [Silver State Schools CU’s People Over Profit Foundation Announces 2025 Scholarship Program](https://thecreditunionconnection.com/silver-state-schools-credit-union-people-over-profit-foundation-announces-2025-scholarship-program-available-to-college-bound-nevada-high-school-seniors/): Silver State Schools Credit Union (SSSCU) is now accepting applications for the 2025 People Over Profit (POP) Foundation Scholarships for Nevada High School Seniors. Since 1989, more than $1,300,000 in scholarships have been awarded to outstanding Southern Nevada students to pay tuition in higher education. The POP Foundation Scholarship Program recognizes students who demonstrate excellence in academics, extracurricular activities, and community involvement. Each year, ten (10) recipients receive a renewable $2,000 scholarship for four years, up to $8,000 total. Eight of the ten scholarships are merit based, one is need-based, and another is reserved for a future teacher. \”At Silver […] - [Paying It Forward: Family Trust Federal Credit Union Seeks Scholarship Applicants](https://thecreditunionconnection.com/paying-it-forward-family-trust-federal-credit-union-seeks-scholarship-applicants/): Continuing its support of future leaders in South Carolina, Family Trust Federal Credit Union (Family Trust) has announced two $5,000 scholarship opportunities for Rock Hill and Greenville-based undergraduate and graduate students. The deadline for both scholarship applications is Monday, March 31, 2025. “We are committed to paving the way for aspiring professionals who will become our future leaders,” said Ryan Harvey, president and CEO of Family Trust. “These scholarships enable us to reward those who make our community a special place to live, and we encourage all eligible students to apply.” The Penny Pratt Scholarship – an homage to the former president […] - [Chartway Opens New Branch in Virginia Beach, Celebrates Milestone Anniversary](https://thecreditunionconnection.com/chartway-opens-new-branch-in-virginia-beach-celebrates-milestone-anniversary/): Pacific Ave ribbon cutting puts focus on community commitment through capital improvements and the credit union’s charitable arm, Chartway Promise Foundation Chartway Credit Union celebrated the grand opening of a new location on Pacific Ave in Virginia Beach, Virginia, today. The event brought together credit union members and leadership, community leaders, local dignitaries, and Hampton Roads Chamber leadership for a ribbon-cutting ceremony highlighting Chartway’s commitment to growth and community engagement through its charitable arm, Chartway Promise Foundation. As the second new location to open in Hampton Roads under Chartway’s multi-million-dollar branch expansion and renovation initiative across its markets, the Pacific […] - [Seven Promotions Announced at One CU; TFCU Recognizes Financial Advisor’s Impact as a Mentor](https://thecreditunionconnection.com/seven-promotions-announced-at-one-cu-tfcu-recognizes-financial-advisors-impact-as-a-mentor/): Otis Federal Credit Union announced significant changes to its leadership, and Tucson Federal Credit Union recognized their Financial Advisor for her impact in her Financial Management class. New Hires World Council of Credit Unions (WOCCU) is pleased to announce Paul Andrews as its new Vice President of International Advocacy—putting him in charge of advocating on behalf of the global credit union and financial cooperative movement at the international level. Andrews brings to WOCCU a vast amount of experience in financial regulations. He’s previously worked for the: CFA Institute, where he oversaw its research, advocacy and standards functions. International Organization of […] - [DCUC Applauds Rep. Barr (R-KY) Introduction of Key Legislation H.R.654 Transitions CFPB to Regular Appropriations Process](https://thecreditunionconnection.com/dcuc-applauds-rep-barr-r-ky-introduction-of-key-legislationhr654-transitions-cfpb-to-regular-appropriations-process/): The Defense Credit Union Council (DCUC) applauds Representative Andy Barr (R-KY) for introducing new legislation (H.R. 654) that would subject the CFPB to the congressional appropriations process. “We have consistently urged Congress to bring necessary reforms at the CFPB, especially in response to growing concerns about the agency\’s overreach,” said Jason Stverak, DCUC Chief Advocacy Officer. “This proposed legislation represents an important step toward establishing appropriate regulatory processes that enhance efficiency, ensure fairness, and support all financial institutions.” “America’s Credit Unions thanks Rep. Barr for introducing this critically important legislation. We have long advocated for significant reforms to the CFPB, sounding […] - [Credit Union Marketing Exec Alan Bergstrom Launches Consulting Firm to Provide Marketing Support to Small Credit Unions](https://thecreditunionconnection.com/credit-union-marketing-exec-alan-bergstrom-launches-consulting-firm-to-provide-marketing-support-to-small-credit-unions/): Bergstrom Consulting Services (BCS), based in Tucson, Arizona, was recently formed by credit union marketing executive Alan Bergstrom to serve small- and medium-sized credit unions with CMO-level support. Small- and medium-sized credit unions face significant disadvantages compared to larger institutions with richer resources to recruit and retain seasoned marketing professionals. Two-thirds of credit unions in the U.S. fall into the small- to medium-sized category, yet they share the same marketing demands as their larger counterparts. According to Alan Bergstrom, BCS’s CEO and founder, “My experience over the years has highlighted the need for small credit unions to be able to […] - [First Alliance Credit Union Selects Jake Dorsch as Chief Financial Officer (CFO)](https://thecreditunionconnection.com/first-alliance-credit-union-selects-jake-dorschas-chief-financial-officer-cfo/): First Alliance Credit Union is proud to announce Jake Dorsch as its new Chief Financial Officer (CFO). Dorsch will lead the Credit Union’s financial strategies, overseeing financial planning, budgeting, and risk management while driving growth and stability to support the Credit Union’s long-term success. Working closely with the executive team, he will align financial initiatives with First Alliance Credit Union’s mission of providing outstanding service and value to its members. “We are thrilled to welcome Jake Dorsch as Chief Financial Officer at First Alliance Credit Union,” said Brent Rempe, CEO. “Jake’s impressive background in finance and economics, combined with his […] - [Nuvision Credit Union and SafeAmerica Credit Union Announce Merger Approvals](https://thecreditunionconnection.com/nuvision-credit-union-and-safeamerica-credit-unionannounce-merger-approvals/): Nuvision Credit Union (Nuvision) and SafeAmerica Credit Union (SafeAmerica) announced today that their merger has received regulatory approval, as well as approval by a majority vote of the SafeAmerica membership. With all approvals received, the merger will become effective February 1, 2025, with system integration planned for mid-February 2025. The combined $3.8 billion credit union, which will serve 200,000 members with 36 branches in 2025, across California, Alaska, Arizona, Washington, and Wyoming, will operate under the Nuvision name and charter with leadership and employees from both credit unions. Nuvision CEO Roger Ballard will be CEO of the continuing credit union, […] - [CFPB Finds More Vehicles Eligible for Repossession Than Pre-Pandemic](https://thecreditunionconnection.com/cfpb-finds-more-vehicles-eligible-for-repossession-than-pre-pandemic/): Today, the Consumer Financial Protection Bureau (CFPB) published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels. Additionally, lenders were increasingly more likely to use third parties, called forwarders, to manage the repossession process.  The use of a third party generally increases consumer costs. The CFPB analyzed data from nine major auto lenders covering accounts with activity between 2018 and 2022. This data show increasing consumer risk in the $1.64 trillion auto loan market. “Supply chain shocks and higher interest rates drove up costs to purchase and finance a car,” said CFPB […] - [Redwood Credit Union Commemorates 75th Anniversary with Yearlong Celebration](https://thecreditunionconnection.com/redwood-credit-union-commemorates-75th-anniversary-with-yearlong-celebration/): RCU has grown to 22 branches and nearly 500,000 members since its founding in 1950 Redwood Credit Union (RCU) is proud to announce its 75th anniversary with a yearlong celebration in 2025. RCU began in Santa Rosa in 1950 and has since expanded to serve 8 local counties, with 22 branches throughout Sonoma, Napa, Lake, Mendocino, San Francisco, and Marin counties, including a brand new branch in San Anselmo. Over the years, RCU has grown to be the largest financial institution based in the North Bay, ending 2024 with $9.1 billion in assets. The credit union provides full-service banking for […] - [Iowa Credit Union Foundation Celebrates 30 Years of Helping Iowans](https://thecreditunionconnection.com/iowa-credit-union-foundation-celebrates-30-years-of-helping-iowans/): Organization Has Provided $4.8+ Million in Impact Throughout Iowa For the past 30 years, the Iowa Credit Union Foundation (ICUF) has worked to champion financial well-being for all Iowans. Since its founding in 1995 to aid in flood recovery efforts, ICUF has dedicated more than $4.8 million in programs, initiatives and grants throughout Iowa communities. “In 30 years of service, we’ve seen ICUF’s work help individuals achieve financial independence, foster community growth and enhance financial education across Iowa,” said ICUF Executive Director Ena Babic Barnes “None of this would have been achievable without the generous contributions of Iowa credit unions, […] - [American Heritage Credit Union Hosts Open Interview & Resume Review Event for Interested Applicants](https://thecreditunionconnection.com/american-heritage-credit-union-hosts-open-interview-amp-resume-review-event-for-interested-applicants/): American Heritage Credit Union Will Hold an Open Interview & Resume Review Event This Weekend for Those Seeking Open Positions with the Credit Union American Heritage Credit Union (“American Heritage”) is always seeking new talent to join its dedicated team of associates. This weekend, American Heritage will hold an Open Interview and Resume Review Event for those who are interested in open positions with the credit union. On Saturday, January 25th, 2025, members of the American Heritage hiring team will be available from 9:00 AM – 1:00 PM in the Community Room of American Heritage’s main campus at 2060 Red […] - [LAFCU Welcomes Tamera Carter as Vice President of Membership Growth and Development](https://thecreditunionconnection.com/lafcu-welcomes-tamera-carter-as-vice-president-of-membership-growth-and-development/): Experienced financial industry leader to enhance member engagement and help drive credit union growth LAFCU is proud to announce the addition of Tamera Carter as vice president of membership growth and development. In her new role, Carter will lead efforts to expand the credit union’s membership by optimizing the member experience and fostering meaningful connections between LAFCU and the communities it serves. Carter’s responsibilities include collaborating with multi-departmental teams to identify opportunities for continuous improvement, ensuring every member touchpoint reflects LAFCU’s commitment to delivering exceptional service. By leveraging thoughtful analysis and feedback, she will implement strategic initiatives to enhance member […] - [Rize Credit Union Announces Immediate Support for Wildfire Relief and Recovery](https://thecreditunionconnection.com/rize-credit-union-announces-immediate-support-for-wildfire-relief-and-recovery/): Rize Credit Union (Rize) has mobilized to provide immediate assistance for their members and greater Los Angeles community affected by the wildfires. Efforts include essential item donation drives, opening branch locations for temporary community workspaces and a dedicated hotline for impacted members to access emergency financial relief. Rize has transformed areas at its Irwindale (12701 Schabarum Ave., Irwindale, Cal.) and Sahara (6475 W Sahara Ave., Las Vegas, Nev.) branches into donation centers. In partnership with the YMCA of Metropolitan Los Angeles, Rize will distribute these donations to those in need. Essential donations include diabetic friendly food, baby formula, heaters, air […] - [Members First Credit Union Invests in Team\'s Financial Counseling Certification to Enhance Financial Wellness](https://thecreditunionconnection.com/members-first-credit-union-invests-in-teams-financial-counseling-certification-to-enhance-financial-wellness-2/): Members First Credit Union (M1) is proud to announce that 98.6% of its team members have achieved certification as Certified Credit Union Financial Counselors (CCUFC) through America’s Credit Unions’ Financial Counseling Certification Program (FiCEP). This accomplishment reflects M1\’s ongoing commitment to equipping its staff with the knowledge and tools to guide employees and members toward long-term financial wellness. FiCEP provides valuable tools and skills to help credit union team members support individuals wherever they are in their financial journey and make informed financial decisions. By certifying its team members, Members First is ensuring its team is well-prepared to offer personalized […] - [Members First Credit Union Invests in Team\'s Financial Counseling Certification to Enhance Financial Wellness](https://thecreditunionconnection.com/members-first-credit-union-invests-in-teams-financial-counseling-certification-to-enhance-financial-wellness/): Members First Credit Union (M1) is proud to announce that 98.6% of its team members have achieved certification as Certified Credit Union Financial Counselors (CCUFC) through America’s Credit Unions’ Financial Counseling Certification Program (FiCEP). This accomplishment reflects M1\’s ongoing commitment to equipping its staff with the knowledge and tools to guide employees and members toward long-term financial wellness. FiCEP provides valuable tools and skills to help credit union team members support individuals wherever they are in their financial journey and make informed financial decisions. By certifying its team members, Members First is ensuring its team is well-prepared to offer personalized […] - [Partners 1st Federal Credit Union’s CEO Carla Bienz is Retiring](https://thecreditunionconnection.com/partners-1st-federal-credit-unions-ceo-carla-bienz-is-retiring/): Partners 1st Federal Credit Union Chief Executive Officer Carla C. Bienz is retiring, effective January 31, 2025, after more than 43 years of dedicated service. Starting straight out of college in 1981, Bienz has been promoted to several different roles within the credit union during her tenure, from Internal Auditor to Vice President of Branch Operations, followed by Executive Vice President. All her roles gave her the knowledge and experience for her most important role at the credit union: CEO & President. Since 1981, the credit union has grown from just $25 million in assets to an impressive half billion […] - [Local Credit Unions Stand Ready to Support Wildfire and Windstorm Victims](https://thecreditunionconnection.com/local-credit-unions-stand-ready-to-support-wildfire-and-windstorm-victims/): Variety of Relief Measures for Credit Union Members In response to the devastating wildfires and windstorms impacting communities across the Los Angeles region, credit unions throughout Southern California are prepared to offer immediate and direct financial relief to local members affected by this crisis. As the California Credit Union League works in close partnership with Governor Gavin Newsom’s office to provide streamlined credit union processes for mortgage payment forbearance periods and other types of financial relief, local credit union leaders are committed to contributing compassionate assistance. This includes helping individuals and families as they operate during the current crisis, as […] - [Love My Credit Union Rewards Announces Tax Time Sweepstakes and Exclusive Member Discounts for Tax Season](https://thecreditunionconnection.com/love-my-credit-union-rewards-announces-tax-time-sweepstakes-and-exclusive-member-discounts-for-tax-season/): CUSG\’s nationwide affinity program, Love My Credit Union Rewards, is excited to announce the launch of its Tax Time Sweepstakes, offering credit union members an opportunity to win $10,000 while taking advantage of exclusive discounts on tax prep services this tax season. The Love My Credit Union Rewards tax services program provides expert tax help and member discounts on both do-it-yourself and assisted tax filing options to over 1,400 participating credit unions and their 55 million members. This year, members can file their taxes with confidence and convenience, all while enjoying significant savings and the chance to win exciting cash […] - [Alkami Launches First-to-Market Business Banking Digital Maturity Assessment](https://thecreditunionconnection.com/alkami-launches-first-to-market-business-banking-digital-maturity-assessment/): Helping banks and credit unions assess and advance their business banking digital strategies Alkami Technology, Inc. (Nasdaq: ALKT) (\”Alkami\”) announced today the launch of its Business Banking Digital Maturity Assessment. Built only for financial institutions, this first-of-its-kind innovative tool was derived from a recent study that was published in partnership with Emerald Research Group and financial services influencer Jim Marous. The research surveyed 150 digital decision makers operating in business banking solutions from banks and credit unions across the U.S., revealing distinct segments of business banking digital maturity based on how financial institutions leverage culture, strategy, and technology to drive […] - [NuMark Credit Union Gives Back for the Holidays](https://thecreditunionconnection.com/numark-credit-union-gives-back-for-the-holidays/): Local financial institution helps spread holiday cheer for four local organizations In the spirit of giving, NuMark Credit Union (NuMark) participated in a variety of programs to help support its community members. NuMark’s annual participation in community outreach around the holidays is a testament to its dedication to bettering the lives of those living in the surrounding community. This year, donations for Toys for Tots were collected in the Warrenville, Crest Hill, and Countryside branches. Boxes were placed in the lobbies so members could also make donations to provide kids in the community with holiday gifts. In a similar vein, […] - [Texas Trust Boosts Learning with $70,000 in Education Grants](https://thecreditunionconnection.com/texas-trust-boosts-learning-with-70000nbspin-education-grants/): Education Foundations from eight Texas school districts received grants from the Texas Trust Gives Foundation, the charitable arm of Texas Trust Credit Union. The Texas Trust Gives Foundation awarded $70,000 in grants ranging from $4,000 to nearly $13,000 each between the districts. Grant amounts were based on project scope and student impact. School districts receiving grants for their education foundations were Arlington, Cedar Hill, Grand Prairie, HEB, Irving, Lewisville, Mansfield, and San Angelo. These grants will help the districts carry out a range of programs targeting preschoolers through seniors. San Angelo ISD received funding to support students at elementary schools with […] - [Kyle S. Hauptman Designated as NCUA Board Chairman](https://thecreditunionconnection.com/kyle-s-hauptman-designated-as-ncua-board-chairman/): President Donald J. Trump has designated National Credit Union Administration Vice Chairman Kyle S. Hauptman as the thirteenth Chairman of the NCUA Board. “I am deeply honored that President Trump has asked me to serve as Chairman of NCUA,” Chairman Hauptman said. “I look forward to leading the agency’s dedicated professionals and working with my Board colleagues to create a regulatory structure that promotes growth, opportunity, and innovation within the credit union system. “My priorities as Chairman include: Re-examining the current NCUA budgeting process. Convening groups of NCUA employees to identify achievable internal efficiencies to reduce unnecessary frictions in the […] - [Financial Institutions Collectively Generate $2.4 Billion in New Account Balances Through DeepTarget\'s AI-Powered Marketing in 2024](https://thecreditunionconnection.com/financial-institutions-collectively-generate-24-billion-in-new-account-balances-through-deeptargets-ai-powered-marketing-in-2024-2/): DeepTarget today announced its 2024 performance metrics showcasing the impact of AI-powered, personalized marketing in banking. Throughout 2024, the company\’s Digital Experience Platform (DXP) served 2.4 million digital consumers based on 285 active financial institution contracts. By leveraging core banking data enhanced with artificial intelligence, DeepTarget\’s campaigns generated 3.6 billion ad impressions, resulting in 1,013,281 qualified leads and 129,336 new influenced account openings. \”These results showcase the vision of forward-thinking financial institutions who understand that digital engagement is not optional – it\’s imperative for growth in today\’s banking environment,\” said Preetha Pulusani, CEO at DeepTarget. \”Our innovative clients are proving […] - [Financial Institutions Collectively Generate $2.4 Billion in New Account Balances Through DeepTarget\'s AI-Powered Marketing in 2024](https://thecreditunionconnection.com/financial-institutions-collectively-generate-24-billion-in-new-account-balances-through-deeptargets-ai-powered-marketing-in-2024/): DeepTarget today announced its 2024 performance metrics showcasing the impact of AI-powered, personalized marketing in banking. Throughout 2024, the company\’s Digital Experience Platform (DXP) served 2.4 million digital consumers based on 285 active financial institution contracts. By leveraging core banking data enhanced with artificial intelligence, DeepTarget\’s campaigns generated 3.6 billion ad impressions, resulting in 1,013,281 qualified leads and 129,336 new influenced account openings. \”These results showcase the vision of forward-thinking financial institutions who understand that digital engagement is not optional – it\’s imperative for growth in today\’s banking environment,\” said Preetha Pulusani, CEO at DeepTarget. \”Our innovative clients are proving […] - [DCUC Commends Senate Efforts to Reform and Improve VA Home Loan Program](https://thecreditunionconnection.com/dcuc-commends-senate-efforts-to-reform-and-improve-va-home-loan-program/): The Defense Credit Union Council (DCUC) commends Senators Tim Sheehy’s (R-MT) and Chris Van Hollen’s (D-MD) introduction of the VA Home Loan Awareness Act of 2025. In recent letters, DCUC has urged Congressional committees for necessary reform to the current VA Home Loan program to enhance and ensure improved housing access and resources for our Nation’s military and veteran communities. Joining in support of the bill are Senators Ted Cruz (R-TX), Raphael Warnock (D-GA), Ted Budd (R-NC), Sheldon Whitehouse (D-RI), John Boozman (R-AR), Bernie Sanders (I-VT), Kevin Cramer (R-ND), Peter Welch (D-VT), Eric Schmitt (R-MO), John Kennedy (R-LA), Thom Tillis […] - [AKUVO Appoints Seth Brickman to Advisory Board, Strengthening Data-Driven Strategy](https://thecreditunionconnection.com/akuvo-appoints-seth-brickman-to-advisory-board-strengthening-data-driven-strategy/): AKUVO is pleased to announce the appointment of Seth Brickman to its Advisory Board. With a robust background in digital innovation and data analytics, Brickman is poised to significantly contribute to AKUVO\’s commitment to delivering advanced, data-driven solutions to the financial sector. Brickman brings over two decades of experience in product management, digital transformation, and data strategy. He has held pivotal roles at prominent organizations, including Amazon and Microsoft, where he led initiatives that harnessed data and technology to drive business growth and enhance customer experiences. \”We are excited to welcome Seth to our Advisory Board,\” said Jay Mossman, Founder […] - [Cooperative Credit Union Association Partners with Posh to Democratize AI for Credit Unions of All Sizes](https://thecreditunionconnection.com/cooperative-credit-union-association-partners-with-posh-to-democratize-ai-for-credit-unions-of-all-sizes/): The Cooperative Credit Union Association (CCUA) announces an innovative partnership with Posh, a leading provider of artificial intelligence (AI) solutions tailored to credit unions. Posh AI assistants empower frontline staff and transform member interactions, enabling credit unions to deliver exceptional service. This collaboration aims to empower small and mid-sized credit unions by making advanced AI technology accessible and affordable, ensuring they remain competitive in an evolving financial landscape. Posh, a pioneer in AI-driven solutions, is on a mission to democratize artificial intelligence. Through this partnership, CCUA credit unions with under $300M in assets under management (AUM) can access specially priced […] - [BCU, AviaryAI Partner To Revolutionize Member Services Through AI Following Hurricane Relief Outreach](https://thecreditunionconnection.com/bcu-aviaryai-partner-to-revolutionize-member-services-through-ai-following-hurricane-relief-outreach/): BCU and AviaryAI are excited to announce a significant strategic partnership as BCU invests in AviaryAI, a cutting- edge AI startup specializing in AI communications for financial institutions. This partnership emerges after a highly successful collaboration during the recent hurricane relief efforts, which demonstrated the profound impact of outbound AI voice agents on member support. In the wake of hurricanes Helene and Milton, BCU leveraged AviaryAI\’s sophisticated voice agents to reach out to members impacted by the disaster. Over 55,000 AI-driven calls were made, connecting with 45% of the members contacted. These calls provided crucial information on hurricane assistance options, […] - [IDB Global Federal Credit Union Selects Jennifer Vinciguerra as Chief Human Resource Officer](https://thecreditunionconnection.com/idb-global-federal-credit-union-selects-jennifer-vinciguerra-as-chief-human-resource-officer/): IDB Global Federal Credit Union proudly announces Jennifer Vinciguerra as its new Chief Human Resource Officer (CHRO). Vinciguerra will lead the Credit Union’s human resources strategies, overseeing talent development, employee engagement, and organizational culture while driving innovation to support the needs of its diverse workforce. Collaborating closely with the executive team, she will align HR initiatives with the Credit Union’s mission of fostering an inclusive and empowering workplace for all employees. “We are thrilled to welcome Jen to our team and look forward to the expertise and energy she brings to the table,” said Chip Lusk, CEO at IDB Global […] - [Vantage West Credit Union Recognized By Newsweek As One Of America’s Best Regional Credit Unions 2025](https://thecreditunionconnection.com/vantage-west-credit-union-recognized-by-newsweek-as-one-of-americas-best-regional-credit-unions-2025/): This award recognizes Vantage West’s impact and commitment to delivering exceptional member service, innovative financial solutions, and dedication to the community. Vantage West Credit Union has been recognized by Newsweek as one of America’s Best Regional Credit Unions in 2025 for the second year in a row. Newsweek and Plant-A Insights Group recognized top credit unions in the United States by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews. “We’re honored to be recognized by Newsweek for a second year,” said Sandra Sagehorn-Elliott, CEO at […] - [Utah First Credit Union Names Chad Dilley as Chief Operating Officer](https://thecreditunionconnection.com/utah-first-credit-union-names-chad-dilley-as-chief-operating-officer/): Utah First Credit Union is excited to announce Chad Dilley as its Chief Operating Officer (COO). With two decades of financial leadership, Chad has a proven record of innovative banking solutions, excellent customer and employee experiences, and business growth. His expertise uniquely positions him to further Utah First’s mission of providing personalized, judgment-free financial experiences that positively impact individuals and the community. “Chad’s demonstrated leadership, people focus, and success in modernizing banking solutions makes him an ideal fit for our executive team,” said Darin Moody, CEO of Utah First Credit Union. “His ability to facilitate operational excellence and meaningful experiences […] - [Enabling the Tech Community to Build a Stronger Financial Future: First Tech Introduces \'Envision Future Finance\'](https://thecreditunionconnection.com/enabling-the-tech-community-to-build-a-stronger-financial-future-first-tech-introduces-envision-future-finance-2/): Helping the people of tech navigate ever-changing economic markets through personalized consultations and roadmap strategies First Tech Federal Credit Union (First Tech) announced the launch of its new \”Envision Future Finance™\” program starting in the heart of Seattle\’s tech community, which will expand into other U.S. tech-centric areas. Like innovation, the economy and market forces never stand still. To help address managing market volatility, concerns about the economy\’s impact on investment portfolios, and understanding the complexities of tech compensation benefits, First Tech\’s program delivers Financial Wellness Consultations designed to help tech professionals aspire to master their finances and realize financial independence. Through […] - [Enabling the Tech Community to Build a Stronger Financial Future: First Tech Introduces \'Envision Future Finance\'](https://thecreditunionconnection.com/enabling-the-tech-community-to-build-a-stronger-financial-future-first-tech-introduces-envision-future-finance/): Helping the people of tech navigate ever-changing economic markets through personalized consultations and roadmap strategies First Tech Federal Credit Union (First Tech) announced the launch of its new \”Envision Future Finance™\” program starting in the heart of Seattle\’s tech community, which will expand into other U.S. tech-centric areas. Like innovation, the economy and market forces never stand still. To help address managing market volatility, concerns about the economy\’s impact on investment portfolios, and understanding the complexities of tech compensation benefits, First Tech\’s program delivers Financial Wellness Consultations designed to help tech professionals aspire to master their finances and realize financial independence. Through […] - [Aria Savings: Canada’s First and Only Credit Union Brand for Persian Canadians Launches Today](https://thecreditunionconnection.com/aria-savings-canadas-first-and-only-credit-union-brand-for-persian-canadians-launches-today/): Community Savings Credit Union is proud to announce the launch of Aria Savings, a new division that is the first and only credit union brand in Canada for Persian Canadians and Farsi-language communities. Created in collaboration with these communities, Aria Savings aims to address the unique financial challenges that many Persian immigrants, newcomers, and refugees face in Canada. For Metro Vancouver’s population of over 36,000 individuals of Iranian descent—one of the region’s largest visible minority groups—accessing financial services often comes with significant barriers. Many experience difficulties securing mortgages due to a lack of Canadian credit history, even when they possess […] - [TBA Credit Union Saves Members $1,543,923 in 2024](https://thecreditunionconnection.com/tba-credit-union-saves-members-1543923-in-2024/): In 2024, TBA Credit Union (TBACU) saved its members $1,543,923. Each year, TBACU is dedicated to maximizing savings for their members. The team at TBACU worked diligently to achieve this by refinancing high-rate loans from other financial institutions and providing free personal and business checking accounts. \”Our commitment to our members is at the heart of everything we do,” Karen Browne, President and CEO, said. \”The amount of money we saved our members underscores our dedication to providing top-notch financial services and helping our members reach their financial goals.\” - [Through Financial Education, Charitable Giving and Volunteerism, Virginia Credit Union Showcases Community Commitment](https://thecreditunionconnection.com/through-financial-education-charitable-giving-and-volunteerism-virginia-credit-union-showcases-community-commitment/): VACU Reaches 100,000 Individuals Through Financial Education Initiatives; Donates More Than $1 Million to Charitable, Community Groups To address member and community needs, Virginia Credit Union last year provided more than $1 million in financial support for various charitable and community causes, volunteered 2,500 hours at local nonprofits and organizations, and reached more than 100,000 individuals through financial education initiatives. \”At VACU, community engagement means listening, learning, and working to make a difference through our time and resources,\” said VACU President/CEO Chris Shockley. \”We strive to be active, engaged leaders on the most pressing issues facing our communities.\” In recent […] - [Indiana Members Credit Union Selects Lumin Digital As Digital Banking Solution For Enhanced Member Experience](https://thecreditunionconnection.com/indiana-members-credit-union-selects-lumin-digital-as-digital-banking-solution-for-enhanced-member-experience/): Indiana Members Credit Union (IMCU), located in Indianapolis, IN, has selected Lumin Digital (Lumin) as its new platform to improve user experience and strengthen security. IMCU wanted a modern, intuitive, and efficient digital banking solution to provide its members with a more accessible and user-friendly banking platform. By choosing Lumin as its provider, IMCU will benefit from its comprehensive, cloud-native platform designed to streamline processes and increase user engagement. Meanwhile, IMCU\’s members will enjoy enhanced features such as gamification, robust risk management to safeguard against cyber threats, and a uniform experience across all devices. The platform\’s mobile-first, user-centric approach simplifies […] - [Finding Your Trusted Financial Partner in Your Own Town: TRU Federal Credit Union Featured on Viewpoint with Dennis Quaid](https://thecreditunionconnection.com/finding-your-trusted-financial-partner-in-your-own-town-tru-federal-credit-union-featured-on-viewpoint-with-dennis-quaid/): Have you ever felt like big banks only care about their bottom line, not yours? You\’re not alone. Millions of Americans crave a financial partner that prioritizes their well-being and understands their unique needs. Enter credit unions, member-owned cooperatives built on the foundation of community and financial empowerment. Viewpoint with Dennis Quaid, the acclaimed public television program, is set to explore the power of credit unions in an upcoming segment featuring TRU Federal Credit Union (formerly Greenwood Municipal Federal Credit Union). This segment will explore the growing movement of credit unions, showcasing how TRU FCU serves as a cornerstone for […] - [Scienaptic AI CUSO Secures Strategic Investment from Four New Partners](https://thecreditunionconnection.com/scienaptic-ai-cuso-secures-strategic-investment-from-four-new-partners/): CUSO of 10 Strategic Investors Empowering Credit Unions with AI for Inclusive Loan Growth, Risk Management, and Compliance Scienaptic AI announces that its Credit Union Service Organization (CUSO) has secured strategic equity investments from four new partners. The coalition now includes three more credit unions clients—Alliance Catholic Credit Union, Partner Colorado Credit Union, and Advantage One Credit Union—and the Michigan Credit Union League. “As institutions deeply rooted in our communities, we recognize the transformative power of AI in creating seamless, efficient, and inclusive financial experiences for our members. By investing in Scienaptic CUSO, we aim to leverage AI to personalize […] - [ICCU Invests in Future of Credit Union Deposit Growth Through ModernFi CUSO](https://thecreditunionconnection.com/iccu-invests-in-future-of-credit-union-deposit-growth-through-modernfi-cuso/): Leading credit union embraces innovative deposit growth technology to enhance member services Idaho Central Credit Union (ICCU) is proud to announce two significant milestones in strengthening deposit and member growth: strategically investing in ModernFi CUSO and joining ModernFi’s innovative deposit network. This dual commitment marks a pivotal moment in the credit union industry\’s approach to balance sheet management and safeguarding member funds. ICCU\’s strategic decision underscores the growing collaboration among credit unions to power critical financial infrastructure and enhance member services. A Network Built for Credit Unions, by Credit Unions As a credit union service organization (CUSO), an entity partially […] - [CFPB Takes Action Against Draper & Kramer Mortgage for Discriminatory Mortgage Lending Practices](https://thecreditunionconnection.com/cfpb-takes-action-against-draper-amp-kramer-mortgage-for-discriminatory-mortgage-lending-practices/): Draper redlined neighborhoods in Chicago and Boston The Consumer Financial Protection Bureau (CFPB) took action against Draper & Kramer Mortgage Corporation (Draper) for discriminatory mortgage lending activities that discouraged homebuyers from applying to Draper for homes in majority-Black and Hispanic neighborhoods in the greater Chicago and Boston areas. The CFPB alleges that Draper located all its offices in majority-white neighborhoods, concentrated its marketing in majority-white neighborhoods, and avoided marketing to majority-Black and Hispanic areas. These actions resulted in disproportionately low numbers of mortgage loan applications and mortgage loan originations from majority-Black and Hispanic neighborhoods in Chicago and Boston compared to […] - [Driving Digital Excellence and Financial Wellness With AI](https://thecreditunionconnection.com/driving-digital-excellence-and-financial-wellness-with-ai/): By Siva Narendra, CEO and co-founder of Tyfone Credit union members today not only love the ease of using digital technology but also expect it as a standard part of their financial interactions. However, in today’s increasingly competitive market, credit unions must enhance digital capabilities with more personalized experiences. Leveraging advanced AI tools is key to providing members with a more tailored, intuitive and engaging digital banking experience. In 2020, the global AI in the banking market was valued at $3.8 billion and is projected to skyrocket to $64 billion by 2030. A recent report from the McKinsey Global Institute […] - [CFPB Orders Honda\'s Auto Financing Arm to Pay $12.8 Million for COVID-19 and Other Credit Reporting Failures](https://thecreditunionconnection.com/cfpb-orders-hondas-auto-financing-arm-to-pay-128-million-for-covid-19-and-other-credit-reporting-failures/): Auto lender wrongfully reported Honda and Acura drivers as delinquent The Consumer Financial Protection Bureau (CFPB) today ordered the American Honda Finance Corporation to pay $12.8 million for reporting inaccurate information that affected the credit reports of 300,000 people who drive Honda and Acura vehicles. During the COVID-19 pandemic, Honda Finance deferred certain vehicle loan payments. However, the CFPB found that the company told credit reporting companies that borrowers were delinquent when they should have been reported as current. The CFPB’s investigation also found multiple other credit furnishing accuracy and dispute investigation failures. The CFPB is ordering the company to […] - [Credit Unions Announce New Hires; NCR Atleos CFO Stepping Down](https://thecreditunionconnection.com/credit-unions-announce-new-hires-ncr-atleos-cfo-stepping-down/): Several credit unions, including CommonWealth Central Credit Union and Robins Financial Credit Union announced new additions to their organizations, and NCR Atleos announced a major transition within their leadership team. New Hires CommonWealth Central Credit Union is pleased to welcome Vince Salinas as its new Chief Lending Officer (CLO). As CLO, Vince will serve as a strong steward of CommonWealth’s brand and take responsibility for all lending departments and performance. He will also serve as a key member of the leadership team, providing energy, creativity, and meaningful insights to help drive strategic business decisions and results. Robins Financial Credit Union […] - [17 Years Strong: OMNI CCU Continues Tradition of Giving with Cashback Rebate Program](https://thecreditunionconnection.com/17-years-strong-omni-ccu-continues-tradition-of-giving-with-cashback-rebate-program/): OMNI Community Credit Union is once again rewarding members for their loyalty through its annual Cashback Rebate program. Having returned over $22 million to members since the program’s inception in 2008, OMNI CCU continues to give back to its community. The Cashback Rebate program calculates rebates based on qualifying account balances, ensuring that members directly benefit from the credit union’s success. “The Cashback Rebate program is just one of the ways we express our gratitude to members,” said Mark Cramer, CEO of OMNI CCU. “It’s a reflection of our commitment to serving our members and strengthening our community.” Rebates will […] - [Trellance Reshapes for the Future, Launches Three New Entities to Advance Credit Union Innovation](https://thecreditunionconnection.com/trellance-reshapes-for-the-future-launches-three-new-entities-to-advance-credit-union-innovation/): Trellance becomes Trellance Cooperative Holdings, Inc., the strategic and financial backbone for Rise Analytics, Optiri and ProBridge Trellance today announced that it has restructured to better support the credit union movement’s advancement in technology, data analytics and Credit Union Service Organizations (CUSOs) empowerment. Trellance will now operate as a holding company by separating its business lines into three newly established and distinct business entities: Rise Analytics, Optiri and ProBridge. Each of these entities expands on the foundation laid by the former Trellance analytics, cloud and talent divisions. The new Trellance Cooperative Holdings, Inc. is dedicated to continuing to advance the […] - [TopLine Financial Credit Union Members and Employees Provide Warmth to Those in Need This Winter](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-provide-warmth-to-those-in-need-this-winter/): TopLine’s Winter Gear Drive benefits local communities TopLine Financial Credit Union held their fourth annual Winter Gear Drive during the month of January benefitting local non-profits, Avenues for Youth, Karen Organization of Minnesota, MORE Community Services and YMCA of the North Youth and Family Services. TopLine members and employees generously donated winter gear items of youth and adult size jackets, boots, gloves, hats, scarves, socks and more to help bring warmth to those in need in our local communities. Employees were able to participate by donating winter gear items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them […] - [AKUVO Announces New Collections Package for Institutions with Lower Volume](https://thecreditunionconnection.com/akuvo-announces-new-collections-package-for-institutions-with-lower-volume/): AKUVO announces the launch of a new collection package powered by the AKUVO Platform, priced and scaled to meet the needs of financial institutions with lower volume delinquency. This offering provides a simplified, cost-effective, easy-to-implement solution tailored to meet the unique operational needs of these organizations. “This package of essential and powerful features supports digital outreach, traditional account research, effective communications, payment collection, promise tracking, and progress monitoring, adding efficiency to key areas managed by these departments,” AKUVO Chief Technology & Product Officer Mark Price said. “It’s easy to use, simple to activate, and specifically designed to help small-scale collection departments achieve big […] - [Centra Credit Union Announces Special Dividend Payment](https://thecreditunionconnection.com/centra-credit-union-announces-special-dividend-payment/): Centra Credit Union announces a total special dividend payment of nearly $1.2 million to Centra Members. Since Centra is a credit union, Centra Members are also owners of the Credit Union and the beneficiaries of Centra’s profits. This bonus was made possible through favorable financial conditions in 2024. Based on 2024’s financial performance, Centra’s Board of Directors approved the return of profits to Members. The special dividend payment, known as a Member Loyalty Bonus, will be paid out later this month to eligible Members through Centra’s Member Loyalty Rewards. “Last year showed a strong financial profile for the Credit Union,” […] - [Blend Launches Rapid Home Lending Solutions to Transform Refinance and Home Equity Lending](https://thecreditunionconnection.com/blend-launches-rapid-home-lending-solutions-to-transform-refinance-and-home-equity-lending/): Next-generation solutions empower lenders to achieve up to 1.5x higher pull-through rates and accelerate time-to-close by over 50%, significantly enhancing operational efficiency and borrower satisfaction. Blend Labs, Inc. (NYSE: BLND) today announced the launch of Rapid Home Lending, a breakthrough suite of software solutions designed to help lenders respond faster to a dynamic housing market. Designed for both refinance and home equity lending, Rapid Home Lending from Blend provides lenders with tools to increase retention and deliver significantly faster, more personalized borrower experiences. By eliminating friction through automated, connected workflows, lenders can engage borrowers early, offer tailored solutions upfront, and […] - [Bay Federal Credit Union Selects Mark Ely as Senior Vice President & Chief Marketing Officer (CMO)](https://thecreditunionconnection.com/bay-federal-credit-union-selects-mark-ely-as-senior-vice-president-chief-marketing-officer-cmo/): Bay Federal Credit Union proudly announces Mark Ely as its new Senior Vice President and Chief Marketing Officer (SVP & CMO). Ely will drive the credit union’s marketing evolution, focusing on elevating brand recognition and deepening community engagement to advance our mission of growing and thriving, one smile at a time. He will champion a forward-thinking marketing approach that reflects Bay Federal’s commitment to innovation, community, and service.  “We are thrilled to welcome Mark Ely as our new Senior Vice President & Chief Marketing Officer, a leader whose expertise and vision align perfectly with our commitment to innovation, growth, and […] - [Consumers Credit Union Launches Innovative On-Campus Worksite at Grand Valley State University](https://thecreditunionconnection.com/consumers-credit-union-launches-innovative-on-campus-worksite-at-grand-valley-state-university/): Consumers Credit Union and Grand Valley State University have partnered together to open an on-campus worksite in the Seidman College of Business in downtown Grand Rapids. Four GVSU students are starting their careers with the credit union as part-time tellers powering TellerPlus+ stations across the state of Michigan. Students work from the newly renovated TellerPlus+ Hub in the Seidman College of Business. Consumers and GVSU celebrated the launch of this innovative pilot program during a ribbon cutting ceremony on February 25. “We are looking at this pilot program as a way for students to be able to work on campus […] - [Big Bethel Church A.M.E Federal Credit Union Joins Georgia United Credit Union](https://thecreditunionconnection.com/big-bethel-church-a-m-e-federal-credit-union-joins-georgia-united-credit-union/): This week, members of Big Bethel Church A.M.E Federal Credit Union voted to merge with Georgia United Credit Union. This significant merger ensures that Big Bethel members will now have access to a broader range of financial products and services.  Linda Williams, Board Chair of Big Bethel Federal Credit Union, stated, “This merger represents an important step forward in ensuring that Big Bethel members have access to the very best in financial products and services. As the landscape for small credit unions becomes more complex, it is crucial to adapt and grow to meet the changing needs of our members. […] - [CUSG Launches New Microsite to Drive Modernization and Fundraising for Credit Union House](https://thecreditunionconnection.com/cusg-launches-new-microsite-to-drive-modernization-and-fundraising-for-credit-union-house/): CUSG is proud to announce the launch of a new microsite dedicated to supporting the modernization and fundraising efforts for Credit Union House. This initiative underscores CUSG’s commitment to the credit union movement and proactive approach in leading the fundraising campaign essential for this vital project. Established in the early 2000s to create a permanent presence for the credit union movement on Capitol Hill, Credit Union House has been instrumental in advocating for credit unions while also serving as a welcoming hub for advocates visiting Washington, DC. The facility has become a focal point for credit union leaders to connect […] - [USSFCU Featured On The Balancing Act Local Edition](https://thecreditunionconnection.com/ussfcu-featured-on-the-balancing-act-local-edition/): The United States Senate Federal Credit Union (USSFCU) was recently spotlighted on The Balancing Act Local Edition Washington D.C., highlighting its 90-year legacy of financial security, member-focused banking solutions, and community support. The segment aired on Sunday, February 22, and is now available online. The segment showcases USSFCU’s commitment to helping individuals and families achieve financial security through personalized banking solutions, lower fees, competitive lending options, and financial education.Key highlights include: Banking Built for You – Lower fees. Better loans. Smarter solutions.90 Years Strong – A legacy of trust and financial stability.Financial Education That Empowers – Webinars, interactive tools, and personalized guidance.Next-Level Digital Banking – Secure. […] - [Duke University Federal Credit Union Leverages Vertice COMPOSE to Transform Marketing Efficiency](https://thecreditunionconnection.com/duke-university-federal-credit-union-leverages-vertice-compose-to-transform-marketing-efficiency/): Credit union launches new AI-powered solution to create personalized, compliant marketing content at scale Duke University Federal Credit Union (DUFCU – asset size of $194 million) has implemented Vertice COMPOSE, a newly launched AI-powered copywriting solution from Vertice AI, to streamline the creation of personalized, compliant marketing content. Designed specifically for credit unions, Vertice COMPOSE enables marketing teams to generate high-quality, on-brand, regulatory-compliant messaging in a fraction of the time, freeing up resources to focus on high-impact member services. Vertice COMPOSE is an advanced AI-assisted copywriting tool that helps credit unions automate content creation across multiple marketing channels, including email, social media, […] - [CU4Kids Excited for Karaoke4Kids Idol at the Fab Karaoke Collab](https://thecreditunionconnection.com/cu4kids-excited-for-karaoke4kids-idol-at-the-fab-karaoke-collab/): Winner will be awarded $150 Marriot gift card during The Credit Union Connection’s 2nd Annual Fab Karaoke Collab and Credit Unions for Kids’ Karaoke4Kids fundraiser March 2 in Washington, D.C.! Calling all karaoke lovers and GAC conference attendees! Credit Unions for Kids (CU4Kids) and The Credit Union Connection are thrilled to announce a new contest coming to the 2ndAnnual Fab Karaoke Collab: Karaoke4Kids Idol!  Kicking off the GAC conference in the spirit of giving, the Fab Karaoke Collab combines networking and a night of fun with a donation to children’s health. When you post about or from the event on social media, be sure to use #Karaoke4Kids! How does Karaoke4Kids Idol work?  Enjoy the event and the amazing singers! When you hear someone you […] - [Payfinia and Metallicus Partner to Extend Instant Payments and Cryptocurrency to US Credit Unions](https://thecreditunionconnection.com/payfinia-and-metallicus-partner-to-extend-instant-payments-and-cryptocurrency-to-us-credit-unions/): Metallicus has partnered with Payfinia, an instant payments service provider and U.S. Credit Union Service Organization (CUSO), to establish a framework for offering embedded instant payment capabilities coupled with cryptocurrency services to credit union members nationwide. By operating their respective CUSOs, Metallicus and Payfinia equip credit unions with advanced financial infrastructure and instant payment functionality with extensive fraud controls, ensuring they remain competitive in an evolving financial landscape. In addition to delivering custom blockchain solutions, Metallicus also provides a suite of cryptocurrency products, including Metal Pay, a consumer-facing crypto trading app, and a supporting API, which enables seamless fiat-to-crypto transactions for […] - [Financial Center First Credit Union Elevates Digital Banking with Alkami; Strengthens Dual-Branded Strategy](https://thecreditunionconnection.com/financial-center-first-credit-union-elevates-digital-banking-with-alkami-strengthens-dual-branded-strategy/): Leveraging Alkami’s cutting-edge technology, Financial Center First Credit Union enhances its dual-branded strategy and member experience with a scalable digital banking platform Alkami Technology, Inc. announced today its partnership with Indianapolis-based Financial Center First Credit Union (Financial Center) to transform its digital banking experience. A key aspect of this collaboration is Financial Center’s ability to enhance its dual-branded strategy, serving both its primary membership and Ball State Financial, a co-branded entity catering to Ball State University’s community. By leveraging Alkami’s Platform, Financial Center can now deliver distinct branding and personalized experiences to different member segments—an opportunity not previously possible. Through Alkami’s Digital […] - [MDC Appoints Industry Veterans Kyle Markland, Brandon Riechers and Brian Kaas to Board of Directors](https://thecreditunionconnection.com/mdc-appoints-industry-veterans-kyle-markland-brandon-riechers-and-brian-kaas-to-board-of-directors/): Members Development Company (MDC), a future-focused network dedicated to accelerating credit union success, is pleased to announce the appointment of three distinguished industry leaders to its board of directors: Kyle Markland, Brandon Riechers, and Brian Kaas. The new board appointments represent a continued commitment to MDC’s values and an embrace of new leadership embodied by new CEO Ned Tobey.  Each of these leaders brings decades of experience in the credit union industry, along with a deep understanding of financial services, strategic growth, and community impact:  “Our organization has always relied on the expertise of credit union industry veterans to guide us, […] - [4 trends for credit unions to watch – and respond to – this year](https://thecreditunionconnection.com/4-trends-for-credit-unions-to-watch-and-respond-to-this-year/): By Erin Wynn, executive director of product management for Digital Banking, Candescent Last year was marked by widespread financial anxieties for members, rate fluctuations, and mixed messages regarding AI, introducing new complexities to the financial services landscape. Combined with lingering questions around embedded payments, the upcoming Great Wealth Transfer and new competition from unlikely sources, this year is shaping up to be ripe with both challenges and opportunities. The following trends should be watched as credit unions march into a new year. Members increasingly seek more accessible financial fitness tools. Members across the country continue to struggle to understand the […] - [Take Charge of Your Future: Building Your Career Path](https://thecreditunionconnection.com/take-charge-of-your-future-building-your-career-path/): Mandy Smith, Founder & CEO, Mandy Smith Consulting In today’s rapidly evolving financial services landscape, intentional career development has never been more important. As a credit union professional, you are uniquely positioned in an industry that values both professional growth and member service. Whether you’re new or more seasoned, creating a clear career path can help you maximize your potential while contributing to your credit union’s success. Here’s how to take charge of your career and start building the future you want. Steps to Building Your Career Path Step 1: Where Do You Want to Go? Take time to consider where […] - [Sparrow and Envisant Partner to Empower Credit Union’s to Attract Gen Z Membership](https://thecreditunionconnection.com/sparrow-and-envisant-partner-to-empower-credit-unions-to-attract-gen-z-membership/): Sparrow and Envisant today announced a strategic partnership to help credit unions win the next generation of membership.  Through this partnership, Envisant’s expansive network of credit unions will gain access to Sparrow’s innovative college financing and marketing automations platform, enabling them to offer a superior solution for the most pressing financial challenge of Gen Z.  Benefits for Credit Unions  With competition from neobanks and fintechs, credit unions are pressed to differentiate among a seemingly elusive generation. Sparrow strategically helps credit unions solve the next generation’s hardest financial challenge (i.e., financing education), and leverage marketing analytics and automations to provide tailored […] - [Internal Promotions Help Build Strength of Soarion Credit Union’s Leadership Team](https://thecreditunionconnection.com/internal-promotions-help-build-strength-of-soarion-credit-unions-leadership-team/): Soarion Credit Union is celebrating the promotions of four of its staff to roles on the leadership team. Soarion’s President and CEO, Ric Ledezma, recently announced the following appointments ahead of an exciting year for the credit union:  “A strong core leadership team is important to any organization, and I am proud of the dynamic and experienced team we have with these latest promotions,” Ledezma said. “As we enter a new chapter in the long legacy of our credit union, this team of talented individuals will not only focus on enhancing our member experience but also on developing and engaging […] - [Valley Strong Credit Union Releases 2024 Impact Report](https://thecreditunionconnection.com/valley-strong-credit-union-releases-2024-impact-report/) - [Signal Financial Selects Jessica Jarrell as VP/Controller](https://thecreditunionconnection.com/signal-financial-selects-jessica-jarrell-as-vp-controller/): Signal Financial Federal Credit Union is pleased to welcome Jessica V. Jarrell (Walters) as its new Vice President/Controller. The selection followed an extensive nationwide search facilitated by DDJ Myers, the well-known executive search and leadership development firm. “I am thrilled to welcome Jessica to Signal Financial as our new Vice President/Controller,” stated Brian Daskalovitz, Chief Financial Officer. “Jessica brings a wealth of knowledge and financial experience to our credit union and will make a substantial impact leading and driving the day-to-day of our accounting department and processes.” Jarrell brings over a decade of experience in financial management, accounting, and auditing to […] - [Mortgage Lenders Report Strong Results from Early Adoption of FICO Score 10 T](https://thecreditunionconnection.com/mortgage-lenders-report-strong-results-from-early-adoption-of-fico-score-10-t/): More than two dozen mortgage lenders have signed up to adopt FICO Score 10 T FICO (NYSE:FICO) today announced strong results from its FICO® Score 10 T Early Adopter Program, which enables mortgage lenders to implement the latest and most predictive FICO® Score model for non-GSE loans. FICO now has clients with over $264 billion in annualized mortgage originations and approximately $1.43 trillion in eligible mortgage portfolio servicing that have signed up for FICO Score 10 T. Firms are adopting the score to help make credit decisions, for securitization, and for delivery to investors. The Early Adopter Program, launched in 2023, was […] - [PACU Day's Special Guest Highlights the Science of Play and Purpose in Life](https://thecreditunionconnection.com/pacu-days-special-guest-highlights-the-science-of-play-and-purpose-in-life/): At Piedmont Advantage Credit Union’s annual PACU Day event, held each year on President’s Day, credit union employees gather for a day dedicated to professional growth and hearing directly from leadership on the state of the credit union. A highlight of the day was a presentation from a special guest, Dr. Meredith Adams, MD, MS, FASA, FAMIA, a distinguished scientist whose research spans chronic pain and opioid use disorder, data visualization and infrastructure support, artificial intelligence tool development, neuroscience and public health. While her work is rooted in data and innovation, she took a different approach to this occasion, focusing on the science-backed importance […] - [PenAir Credit Union Reached Heights in 2024](https://thecreditunionconnection.com/penair-credit-union-reached-heights-in-2024/): PenAir Credit Union (PenAir) is proud to announce a year of remarkable progress and growth, solidifying its position as a leader in the financial services industry. With new branches, expanded markets, and growth in its commercial banking services, PenAir continues to enhance accessibility and banking convenience and reaffirms its commitment to improving members’ lives. In January 2024, PenAir broke ground for a new 2,500-square-foot branch in Crestview, FL, and in February, PenAir celebrated the grand opening of its 1,200-square-foot branch in Beulah, FL. Both facilities feature a streamlined design that enhances the member experience with a unique, people-first, tech-friendly approach, including drive-thru […] - [New Book Challenges Financial Marketers to “Do More Than Just Brand.”](https://thecreditunionconnection.com/new-book-challenges-financial-marketers-to-do-more-than-just-brand/): Financial industry marketing expert Martha Bartlett Piland, CFMP, announces the launch of her groundbreaking book, “Don’t Just Brand There, Do Something: A Blueprint for Financial Brands That Stand Up, Stand Out and Stand the Test of Time,” set for release on March 11, 2025. This highly anticipated follow-up to Bartlett Piland’s successful “Beyond Sticky” offers a bold new approach for financial institutions seeking to differentiate themselves in an increasingly competitive market. The book provides actionable strategies for banks, credit unions and fintechs to create unique, value-driven, action-oriented brands that resonate with customers, employees and stakeholders alike. “Building a brand with substance beyond the […] - [Cultivating Leadership Excellence in Credit Unions](https://thecreditunionconnection.com/cultivating-leadership-excellence-in-credit-unions/): By Charles Shanley, CEO, Shanley Search Partners In today’s dynamic financial world, credit unions face unique challenges that require visionary leadership. Leaders must now embrace adaptability, emotional intelligence and collaborative approaches to thrive in an industry driven by community values and rapid technological change. Why Leadership Matters in Credit Unions Leadership is not just about managing; it’s about inspiring teams, navigating challenges and aligning with the mission of serving members. Modern leadership styles have shifted from rigid, top-down structures to empathetic, purpose-driven approaches. This evolution aligns perfectly with credit unions’ goals to foster member trust and contribute positively to their […] - [What a World Without the CFPB Would Mean for Your Credit Union](https://thecreditunionconnection.com/what-a-world-without-the-cfpb-would-mean-for-your-credit-union/): By Henry Meier, Esq., The Law Office of Henry Meier Over the weekend, dramatic steps were taken indicating the real possibility that the Trump Administration plans to swiftly eliminate, or at the very least, “defang” the Bureau. New acting director Russell Vought not only announced that the Bureau would be shut down until March 14th but pointedly notified the Federal Reserve that it would not be taking the next draw of unappropriated funding. The CFPB is funded through the Federal Reserve, a mechanism that survived a challenge to its constitutionality before the Supreme Court only last term. I’ve said it […] - [Letter to Federal Credit Unions (25-FCU-02) Federal Credit Union Post-Examination Survey](https://thecreditunionconnection.com/letter-to-federal-credit-unions-25-fcu-02-federal-credit-union-post-examination-survey/): To: All Federal Credit Unions Subject Examination Program Status Active Dear Boards of Directors and Chief Executive Officers: The NCUA has been using a voluntary post-examination survey for examinations of federal credit unions since 2021.1 This feedback is very important and helps the NCUA evaluate our examination processes; credit unions have used the open-ended questions to submit numerous useful suggestions. To further improve the survey process, the NCUA has arranged to have the post-examination survey administered by an external vendor.2 The external vendor will begin administering the survey starting with examinations of federal credit unions completed in March 2025.3 Survey […] - [CU LIFT Bridges the Gap Between Dealership and CU Auto Financing ](https://thecreditunionconnection.com/cu-liftnbspbridges-the-gap-between-dealership-and-cu-auto-financingnbsp/): Like all consumers today, credit union members enjoy the convenience of digital car shopping. However, when it comes to using a credit union loan to pay for that dream vehicle, the road to new car happiness can get a little rocky. That’s about to change. As part of its FastPass auto financing enablement platform, CU LIFT Fund LLC, the CUSO committed to helping credit unions grow their auto loan portfolios, offers credit unions a white-label solution that lets credit union members shop local vehicle inventories using an advanced, credit union-branded shopping experience. FastPass problem-solving features include: • “Capacity to Purchase” […] - [APCU/Center Parc Credit Union Offering $20,000 in Scholarships](https://thecreditunionconnection.com/apcucenter-parc-credit-union-offering-20000-in-scholarships/): APCU/Center Parc Credit Union is dedicated to strengthening the communities of Atlanta and Savannah, focusing particularly on nurturing the leaders of tomorrow. Recognizing that education is fundamental to community success, APCU/Center Parc has continued its expanded scholarship offerings for the 2025 academic year. This year, APCU/Center Parc is proud to award $20,000 in scholarships to industrious graduating seniors. A total of eight scholarships, each valued at $2,500, will be available. These scholarships are open to graduating high school seniors and continuing education students who will enroll or are currently enrolled in an undergraduate course of study at an accredited two-year […] - [Alabama Credit Union Association Honors Alabama Representative Jeff Sorrells as 2024 State Lawmaker of the Year](https://thecreditunionconnection.com/alabama-credit-union-association-honors-alabamarepresentative-jeff-sorrells-as-2024-state-lawmaker-of-the-year/): The Alabama Credit Union Association, a subsidiary of The League of Credit Unions, proudly recognizes State Representative Jeff Sorrells (AL-87) as the recipient of the 2024 State Lawmaker of the Year Award in Alabama. “Representative Sorrells’ consistent support and his proactive approach to addressing key issues, like the ATV Titling legislation, make him an outstanding leader for credit unions,” said Michelle Roth, Vice President of Advocacy for The League. “We are fortunate to have such a strong advocate for financial services in office and look forward to his continued leadership.” Serving in the Alabama House of Representatives since 2019, Sorrells […] - [Velera Announces Final Lineup and Events for VeleraLIVE 2025](https://thecreditunionconnection.com/velera-announces-final-lineup-and-events-for-veleralive-2025/): Velera – formerly PSCU/Co-op Solutions, has announced the final keynote speakers and programming for VeleraLIVE 2025, taking place April 14-16 in Denver at the Gaylord Rockies Resort & Convention Center. Marking the first year for the event, VeleraLIVE will serve as the company’s new combined annual conference following the retirement of PSCU’s Member Forum and Co-op Solutions’ THINK Conference. Final keynote speakers for the 2025 event include: Steve Brown, artificial intelligence (AI) expert and futurist, who will explain AI in accessible terms, demonstrate its latest capabilities and explain how both companies and individuals alike can better prepare for AI in […] - [MSUFCU, Reseda Group Partner with North American Fintech Coalition to Help Credit Unions Innovate and Grow](https://thecreditunionconnection.com/msufcu-reseda-group-partner-with-north-american-fintech-coalition-to-help-credit-unions-innovate-and-grow/): MSU Federal Credit Union (MSUFCU) and Reseda Group, its wholly owned credit union service organization, today announced the launch of a foundational partnership with North American Fintech Coalition (NAFC), a new nonprofit organization that fosters collaboration between credit unions and early-stage fintech startups to drive advancements in digital banking, advanced payment systems, and other cutting-edge technologies. “NAFC’s work aligns with MSUFCU’s core value of pursuing growth and development and Reseda Group’s purpose to elevate the best and brightest fintech and cutting-edge solutions,” said Ben Maxim, MSUFCU’s Chief Innovation Officer and Chief Operating Officer at Reseda Group. “We’re excited for the […] - [US Bankruptcy Filings in 2024 Increase 14%](https://thecreditunionconnection.com/us-bankruptcy-filings-in-2024-increase-14/): Despite Q4 2024 being the first quarterly decrease since 2022, overall filings were up While Q4 2024 broke the two-year trend of increasing US bankruptcy filings, overall, total filings for the year surpassed 2023 totals by 14.09%, according to data collected by risk management firm G2 Risk Solutions (G2RS). In Q4 2024, total filings nationwide decreased by -1.4%. However, the total bankruptcy filings for 2024 were 494,169 compared to 433,127 for 2023. In 2025, G2RS analysts forecast US bankruptcies to continue upward, increasing another projected 12% over 2024. While the overall pattern of bankruptcy growth is expected to continue, G2RS is seeing increasingly […] - [Alabama Advocacy Conference Unites Credit Unions and Drives Impact](https://thecreditunionconnection.com/alabama-advocacy-conference-unites-credit-unions-and-drives-impact/): The 2025 Alabama Advocacy Conference, hosted by the Alabama Credit Union Association, a subsidiary of The League of Credit Unions & Affiliates, successfully brought together 133 attendees from across the state.  The conference featured two days of sessions, with presentations on key legislative priorities. Topics included protecting members from financial fraud, enhancing credit union operations, and fostering better engagement with lawmakers. “The Alabama Advocacy Conference serves as a vital platform for credit unions to unite and understand the legislative issues that affect their members in securing financial wellness,” mentioned Michelle Roth, Vice President of Advocacy for The League and the […] - [Velera Named to Forbes’ America’s Best Midsize Employers 2025 List](https://thecreditunionconnection.com/velera-named-to-forbes-americas-best-midsize-employers-2025-list/): Velera has been named to the Forbes list of America’s Best Midsize Employers 2025. This marks the second time in three years the company has been named to the list. Velera is one of nearly 500 companies included among the best U.S. midsize employers, with a total of 1,000 large and midsize companies recognized across 25 industry sectors. Velera ranked second in the Banking and Financial Services industry, and is in the top 35 of employers overall.  This prestigious award is presented annually by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. Forbes and Statista selected America’s […] - [‘Nevada’s Credit Unions’ Launched at Nevada Government Relations Rally](https://thecreditunionconnection.com/nevadas-credit-unions-launched-at-nevada-government-relations-rally/): New Identity Reinforces NV, CA, and UT Partnership Alliance Nevada\’s Credit Unions was unveiled today by President and CEO Scott Simpson in Carson City, NV, marking a significant milestone for the newly rebranded trade association as he spotlighted its refreshed identity, updated vision, and powerful symbol of the credit union spirit in the Silver State. Announced during this morning’s legislative briefing for credit union leaders at the 2025 Nevada Government Relations Rally (GRR) before they visited lawmakers in the state capitol, the brand launch speaks volumes of the collaborative philosophy driving credit unions in the state. It also underscores the […] - [AKUVO Announces Collections Texting at No Additional Cost](https://thecreditunionconnection.com/akuvo-announces-collections-texting-at-no-additional-cost/): AKUVO, a leading technology organization specializing in collections and credit risk management, has announced the launch of its native texting functionality within the AKUVO collections platform. No third-party contract is required. This new feature will be included as part of AKUVO’s standard subscription at no additional charge, reinforcing the company’s commitment to making text-based collections as accessible as email or traditional mail. Financial institutions using AKUVO’s platform can send and receive texts directly from the system to support both traditional and digital collection strategies. Since the AKUVO platform hosts account holder loan data, texting can now be strategically utilized to […] - [Letter to Credit Unions (25-CU-03) Exam Scheduling Policy Changes](https://thecreditunionconnection.com/letter-to-credit-unions-25-cu-03-exam-scheduling-policy-changes/): Federally Insured Credit Unions Subject Examination Program Status Active Dear Boards of Directors and Chief Executive Officers: During its December 2024 meeting, the NCUA Board approved changes to the agency’s examination scheduling policy for federally insured credit unions (FICUs) as part of approving the 2025–2026 budget. These examination scheduling changes were noted in Letter to Credit Unions 25-CU-01, NCUA’s 2025 Supervisory Priorities. The adopted changes outlined in this letter became effective on January 1, 2025. The changes allow the NCUA to: Extend the time between examinations for qualifying credit unions with assets of $1 billion to $10 billion. Improve coordination […] - [Great Plains FCU Selects James Wileman as President & CEO](https://thecreditunionconnection.com/great-plains-fcu-selects-james-wileman-as-president-amp-ceo/): The Board of Directors of Great Plains Federal Credit Union is pleased to announce that James Wileman has been officially appointed as President & CEO. Following an extensive national search the board selected Wileman for his exceptional leadership, strategic vision, and deep commitment to the credit union’s mission.  \”Since stepping in as Interim CEO in July 2024, James has demonstrated outstanding leadership, insight, and dedication to our members and employees,\” says Jeff Zimmerman, Board Chair. \”His ability to navigate both challenges and opportunities has been instrumental in strengthening our organization. We are confident that under his leadership, Great Plains FCU […] - [Honor Credit Union’s 2024 Community Impact Year-In-Review](https://thecreditunionconnection.com/honor-credit-unions-2024-community-impact-year-in-review/): Honor Credit Union is proud to share a summary of its community impact for 2024, highlighting the credit union’s unwavering commitment to supporting the communities it serves across Michigan and Northern Indiana. With over 90 years of community- focused service, Honor remains dedicated to making an impact in local communities, supporting education, and helping its members achieve financial success. Strengthening Local Communities In 2024, Honor Credit Union made 70,325 donations to 489 organizations, spanning from the Upper Peninsula to Southwest Michigan. A total of $895,197 in contributions supported a wide range of initiatives, from partnering with local food pantries to […] - [WOCCU’s Work Continues Despite Impacts of U.S. Foreign Aid Freeze](https://thecreditunionconnection.com/woccus-work-continues-despite-impacts-of-us-foreign-aid-freeze/): Global Programs’ staff reduced; but World Credit Union Conference, International Advocacy and other member services unaffected Due to the U.S. Department of State’s 90-day stop-work order on all USAID-funded international development projects, World Council of Credit Unions (WOCCU) has had to make the difficult decision to reduce its Global Programs’ staffing levels.   However, that decision will not impact WOCCU’s International Advocacy work, nor its engagement, education and networking activities—including the 2025 World Credit Union Conference in Stockholm, Sweden, July 14-16.  WOCCU was implementing three USAID-funded projects in seven countries when the stop-work order went into effect in late January, including:  The […] - [Letter to Federal Credit Unions (25-FCU-01) Federal Credit Union Operating Fee Schedule for 2025](https://thecreditunionconnection.com/letter-to-federal-credit-unions-25-fcu-01-federal-credit-union-operating-fee-schedule-for-2025/): Federal Credit Union Operating Fee Schedule for 2025 To All Federal Credit Unions Subject Operating Fee Status Active Dear Boards of Directors and Chief Executive Officers: The NCUA Board unanimously approved the agency’s 2025 operating and capital budgets at its December 2024 meeting. As a result of that decision and other factors, federal credit union operating fees will decrease by an average of approximately 1.2 percent in 2025. Additionally, the operating fee exemption threshold was increased from $2 million to $2.08 million. Federal credit unions with a four-quarter average of $2.08 million or less in total assets are exempt from […] - [Maine Credit Unions Reach New Milestone Raising $1.3 Million to End Hunger](https://thecreditunionconnection.com/maine-credit-unions-reach-new-milestone-raising-13-million-to-end-hunger/): Collaborative effort addresses food insecurity in the state. Credit union representatives gathered in Freeport on Monday to unveil the fundraising results of their collaborative Maine Credit Unions’ Campaign for Ending Hunger. At a special ceremony hosted by the Maine Credit Union League, the Campaign announced that it raised $1,303,706.40 in food and monetary donations in 2024. This achievement marks a new fundraising milestone for the Campaign, now celebrating its 35th year of fighting hunger in Maine in 2025. “Hunger touches every corner of our state, impacting individuals both young and old,” shared Elise Baldacci, President of the Maine Credit Union […] - [Gold Coast Federal Credit Union Enlists Tyfone to Accelerate Digital Transformation](https://thecreditunionconnection.com/gold-coast-federal-credit-union-enlists-tyfone-to-accelerate-digital-transformation/): Credit union selects best-in-class digital, mobile banking platform to enhance member experience, boost operational efficiencies Digital banking provider Tyfone today announced Gold Coast Federal Credit Union selected the nFinia® Digital Banking Platform as the foundation for its digital transformation. Based in West Palm Beach, Fla., with nearly $260 million in assets and 22,000 members, the credit union went through an extensive evaluation process to replace its legacy provider, and ultimately selected Tyfone’s platform based on its ease of use, intuitive design and ability to provide members a more engaging, personalized experience. The modern digital banking platform will be instrumental in […] - [With CU Tax Exemption Challenged, Be Sure to Document Community Impact Work](https://thecreditunionconnection.com/with-cu-tax-exemption-challenged-be-sure-to-document-community-impact-work/): By Andy Howell, CEO, Uncommon Giving When President Donald Trump was sworn into office on Jan. 20, a significant shake-up in federal policy was expected. A House Ways and Means Committee memo circulated by Republican lawmakers provides a 50-page list of potential options for budget reconciliation. One of the proposals reads, “Credit unions are exempt from federal income taxes on their earnings. This option would subject credit unions to the federal income tax.” This, of course, would be a massive disruption to credit unions and how they operate. Earning Credit Unions’ Tax Exemption Credit unions are tax-exempt because they serve […] - [Key Features That Make Loan Repayment Technology Excel for Credit Unions](https://thecreditunionconnection.com/key-features-that-make-loan-repayment-technology-excel-for-credit-unions/): Brad Tompkins, CIO, Vergent LMS In an era of rapidly advancing technological sophistication, leaders across nearly every industry find themselves in a position where staying current with the latest innovations is not just a priority but a necessity. This dynamic is particularly evident in financial services and financial technology, where customers demand only the most convenient and secure solutions for managing their money. For decades, there has been an arms race to create the safest and most user-friendly tools for everything from payments to loan application automation. Developers have often focused on packing these solutions with features designed to attract […] - [Tucson Federal Credit Union Unveils Newly Remodeled Midtown Branch](https://thecreditunionconnection.com/tucson-federal-credit-union-unveils-newly-remodeled-midtown-branch/): Features Universal Service Approach and “Shoulder-to-Shoulder” Customer Experience Tucson Federal Credit Union (TFCU) is thrilled to announce the completion of its newly remodeled Midtown Branch, located at 3801 E. Speedway Blvd. This marks the first of six existing branches to undergo a complete transformation, reflecting TFCU\’s commitment to providing exceptional service and innovative banking solutions to its valued members. To bring this vision to life, TFCU partnered with Structure First, a Credit Union Service Organization (CUSO) specializing in branch transformation and project management. Structure First coordinated the selection of local firms Seaver Franks Architects and Epstein Construction, emphasizing TFCU\’s dedication […] - [Finastra Simplifies Trade Finance with AI-powered Assistant Using Microsoft Azure OpenAI Service](https://thecreditunionconnection.com/finastra-simplifies-trade-finance-with-ai-powered-assistant-using-microsoft-azure-openai-service/): Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance. The trade finance industry faces significant challenges, including a diminishing knowledge base and a widening disparity between seasoned professionals and new entrants. Assist.AI addresses these issues by offering prompt-based assistance, allowing users to interact with the tool by entering specific questions related to trade processes. This ensures that users receive […] - [NCR Atleos Honored with ATMIA Outstanding Service Award](https://thecreditunionconnection.com/ncr-atleos-honored-with-atmia-outstanding-service-award/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award. The award recognizes Atleos\’ exceptional contributions to the industry, highlighting its long-term positive influence, excellence in technology and service, leadership in best practices, and specific, measurable achievements that have produced tangible results. ATMIA, the global trade association for the ATM industry, announced the award at its annual US Conference in Orlando, Fla. The Outstanding Service Award underscores Atleos\’ position as a leader in the financial technology industry and […] - [Summit Credit Union and StartingBlock Announce Selections for the ‘Summit Credit Union Fellowship for Women Entrepreneurs’ ](https://thecreditunionconnection.com/summit-credit-unionnbspandnbspstartingblock-announce-selections-for-the-summit-credit-union-fellowship-for-women-entrepreneursnbsp/): Summit Credit Union, a member-owned financial cooperative and the #1 SBA Lender among Credit Unions in Wisconsin*, is proud to announce 11 women entrepreneurs selected into the second cohort of its Fellowship for Women Entrepreneurs. The collaborative initiative is hosted in partnership with StartingBlock, Madison’s premier hub for startups and innovation.  The Summit Credit Union Fellowship for Women Entrepreneurs takes women entrepreneurs on a developmental journey through a 12-week, accelerator-style boot camp, followed by nine months of monthly meetings with their coaches for ongoing mentoring and accountability. Each fellow receives business basics through hands-on workshops and mentorship, as well as […] - [Kitsap Credit Union Receives $900,000 Community Development Financial Institution (CDFI) Grant to Support Rural Women-Owned Businesses](https://thecreditunionconnection.com/kitsap-credit-union-receives-900000nbspcommunity-development-financial-institution-cdfi-grant-to-support-rural-women-owned-businesses/): Kitsap Credit Union is proud to announce that it has been awarded a $900,000 Community Development Financial Institution (CDFI) grant to support rural women-owned businesses.  As a designated CDFI, Kitsap Credit Union is excited to expand its efforts to provide low-income women borrowers, particularly those with limited credit history, access to loan products and business education. This initiative will empower women across the Olympic Peninsula to launch, sustain, or restart businesses, helping them build assets, create jobs, and foster sustainable enterprises. The CDFI Fund, administered by the U.S. Department of the Treasury, invests federal funds in mission-driven financial institutions like […] - [Fibre Federal Credit Union Reduces HR Response Time by 95% Using Eltropy\'s AI-Powered Texting Platform](https://thecreditunionconnection.com/fibre-federal-credit-union-reduces-hr-response-time-by-95-using-eltropys-ai-powered-texting-platform-3/): Eltropy announced today that Fibre Federal Credit Union has achieved a 95% reduction in HR response times by implementing Eltropy\’s secure texting solution for employee communications. How Fibre Federal Credit Union Improved HR Response Times The credit union, which serves members across Washington and Oregon, has reduced its processing time for employee sick calls and leave requests from 3-5 minutes to just 10 seconds using Eltropy\’s platform. \”The efficiency is just phenomenal,\” says Tiffany Stephens, Talent and Acquisition Relations Manager at Fibre FCU. \”Now it takes 10 seconds to analyze and look at a message rather than getting the call, […] - [Fibre Federal Credit Union Reduces HR Response Time by 95% Using Eltropy\'s AI-Powered Texting Platform](https://thecreditunionconnection.com/fibre-federal-credit-union-reduces-hr-response-time-by-95-using-eltropys-ai-powered-texting-platform-2/): Eltropy announced today that Fibre Federal Credit Union has achieved a 95% reduction in HR response times by implementing Eltropy\’s secure texting solution for employee communications. How Fibre Federal Credit Union Improved HR Response Times The credit union, which serves members across Washington and Oregon, has reduced its processing time for employee sick calls and leave requests from 3-5 minutes to just 10 seconds using Eltropy\’s platform. \”The efficiency is just phenomenal,\” says Tiffany Stephens, Talent and Acquisition Relations Manager at Fibre FCU. \”Now it takes 10 seconds to analyze and look at a message rather than getting the call, […] - [Fibre Federal Credit Union Reduces HR Response Time by 95% Using Eltropy\'s AI-Powered Texting Platform](https://thecreditunionconnection.com/fibre-federal-credit-union-reduces-hr-response-time-by-95-using-eltropys-ai-powered-texting-platform/): Eltropy announced today that Fibre Federal Credit Union has achieved a 95% reduction in HR response times by implementing Eltropy\’s secure texting solution for employee communications. How Fibre Federal Credit Union Improved HR Response Times The credit union, which serves members across Washington and Oregon, has reduced its processing time for employee sick calls and leave requests from 3-5 minutes to just 10 seconds using Eltropy\’s platform. \”The efficiency is just phenomenal,\” says Tiffany Stephens, Talent and Acquisition Relations Manager at Fibre FCU. \”Now it takes 10 seconds to analyze and look at a message rather than getting the call, […] - [Laurie Veasy of NuMark Credit Union Honored at Annual MLK Brunch](https://thecreditunionconnection.com/laurie-veasy-of-numark-credit-unionhonored-at-annual-mlk-brunch/): Local Financial Expert Receives Award for Being an Active Supporter and Advocate of the Community NuMark Credit Union (NuMark) is proud to announce that its very own Laurie Veasy, Vice President of Lending, recently received recognition at the MLK Brunch & Celebration event for her efforts in the community. The event was a collaboration between the Joliet chapters of the African American Business Association (AABA), the National Hook-Up of Black Women (NHBW), and the NAACP. It was held at the D’Amore Banquet Hall in Joliet, IL on Saturday, January 18 with the theme “After the Dream; Mobilizing Unfinished Business.” Veasy […] - [Two Credit Unions Announce Promotions; DDJ Myers Selects New Executive Search Consultant](https://thecreditunionconnection.com/two-credit-unions-announce-promotions-ddj-myers-selects-new-executive-search-consultant/): Two credit unions, including Chartway Credit Union, announced promotions, and DDJ Myers announced a new addition to its team. New Hires Members First Credit Union (M1) is pleased to announce Lisa Shoemaker as its new Vice President of Lending. Shoemaker brings over 34 years of experience in the financial industry, with a strong focus on lending. Shoemaker will oversee M1’s Mortgage and Consumer Lending teams in her new role. Her focus will include implementing innovative technology solutions to enhance member and staff experiences and collaborating with leadership to offer products and services that foster financial well-being and drive credit union […] - [Secretary Bessent Announces Intention to Appoint First Deputy Comptroller of the Office of the Comptroller of the Currency](https://thecreditunionconnection.com/secretary-bessent-announces-intention-to-appoint-first-deputy-comptroller-of-the-office-of-the-comptroller-of-the-currency/): Secretary of the Treasury Scott Bessent today announced his intention to appoint Rodney E. Hood as a Deputy Comptroller and to designate him the First Deputy Comptroller of the Office of the Comptroller of the Currency (OCC). In this role, Mr. Hood will also serve as Acting Comptroller of the Currency. “The strong leadership and career experience of Rodney Hood will strengthen the OCC’s efforts to ensure the safety and soundness of the banking system while also enhancing economic growth,\” said Secretary Bessent. “I remain steadfastly committed to serving the American people and the banking system by creating a regulatory […] - [Personetics\' New Features Give Financial Institutions More Ways to Monetize Customer Wellness](https://thecreditunionconnection.com/personetics-new-features-give-financial-institutions-more-ways-to-monetize-customer-wellness-3/): Personetics\’ latest product release empowers financial institutions to develop highly personalized customer experiences that democratize financial advice, inspire action, and drive business value Personetics announced a series of new features for its AI-powered flagship product, Personetics Engage. These enhancements enable financial institutions to create personalized digital experiences that empower customers to become smarter about their money and more motivated to take action. They also reflect Personetics\’ deep understanding of how banks can better serve their customers by dynamically responding to their evolving financial needs. The release introduces capabilities that expand banks\’ ability to create, control, and customize digital banking experiences […] - [Personetics\' New Features Give Financial Institutions More Ways to Monetize Customer Wellness](https://thecreditunionconnection.com/personetics-new-features-give-financial-institutions-more-ways-to-monetize-customer-wellness-2/): Personetics\’ latest product release empowers financial institutions to develop highly personalized customer experiences that democratize financial advice, inspire action, and drive business value Personetics announced a series of new features for its AI-powered flagship product, Personetics Engage. These enhancements enable financial institutions to create personalized digital experiences that empower customers to become smarter about their money and more motivated to take action. They also reflect Personetics\’ deep understanding of how banks can better serve their customers by dynamically responding to their evolving financial needs. The release introduces capabilities that expand banks\’ ability to create, control, and customize digital banking experiences […] - [Personetics\' New Features Give Financial Institutions More Ways to Monetize Customer Wellness](https://thecreditunionconnection.com/personetics-new-features-give-financial-institutions-more-ways-to-monetize-customer-wellness/): Personetics\’ latest product release empowers financial institutions to develop highly personalized customer experiences that democratize financial advice, inspire action, and drive business value Personetics announced a series of new features for its AI-powered flagship product, Personetics Engage. These enhancements enable financial institutions to create personalized digital experiences that empower customers to become smarter about their money and more motivated to take action. They also reflect Personetics\’ deep understanding of how banks can better serve their customers by dynamically responding to their evolving financial needs. The release introduces capabilities that expand banks\’ ability to create, control, and customize digital banking experiences […] - [Azura Credit Union Modernizes Technology Infrastructure with Jack Henry](https://thecreditunionconnection.com/azura-credit-union-modernizes-technology-infrastructure-with-jack-henry/): Open, flexible platform fuels expansion and community support across Kansas Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Azura Credit Union has selected Jack Henry’s Symitar® open technology platform to deliver modern services to local communities and drive future growth. Founded in 1939, Azura Credit Union now has more than $822 million in assets, 12 offices in Northeast Kansas, and more than 62,000 members. Throughout its growth, Azura has remained committed to providing unique services to meet the local needs of each community. Maintaining this level of community-focused personalization required a technology platform that is both open and flexible, […] - [New CEO Takes the Helm at Firstmark Credit Union](https://thecreditunionconnection.com/new-ceo-takes-the-helm-at-firstmark-credit-union/): The Board of Directors of Firstmark Credit Union proudly announces the selection of Wendy Cleveland as the organization’s next president and chief executive officer (CEO). The board extends their heartfelt appreciation to Gregg Thorne for his leadership as interim CEO during their comprehensive search process. Ms. Cleveland will permanently succeed Nathanael Tarwasokono, who resigned in January 2024. In collaboration with Mike Juratovac, senior partner at Modern Executive Solutions, the board conducted a national search of executive talent from across the industry. Mr. Juratovac’s 25 years of executive search and consulting experience has been instrumental in the board’s efforts to appoint […] - [AKUVO Collections Platform Gains 15 New Financial Institutions, Wrapping Up 2024 with 55 New Customers](https://thecreditunionconnection.com/akuvo-collections-platform-gains-15-new-financial-institutions-wrapping-up-2024-with-55-new-customers/): AKUVO is pleased to announce that 15 new financial institutions signed on to use its collections platform during the 4th quarter of 2024. This brings the total number of new customers added in 2024 to fifty-five. AKUVO’s new customers cited the platform’s advanced technology, automation, integration with existing systems and ability to improve operational efficiency as reasons for their decision to convert. Many noted limitations with previous systems and sought AKUVO’s behavior-based, data-driven technology to optimize their collections operations. \”We are thrilled to welcome these esteemed financial institutions to the AKUVO family,\” said Steve Castagna, Chief Revenue Officer at AKUVO. […] - [Reliant Credit Union Opens New Drive-Thru ATM in Victor](https://thecreditunionconnection.com/reliant-credit-union-opens-new-drive-thru-atm-in-victor/): Reliant Credit Union is happy to announce the opening of a new drive-thru ATM located at 250 W. Main St., Victor, NY. This additional ATM is part of the credit union’s ongoing efforts to enhance services and meet the needs of its members. “We are excited to expand our footprint within the communities we serve with our new drive-thru ATM in Victor,” said Reliant President & CEO Pamela Heald. “This additional ATM location provides our members and the community with another convenience option to access funds.” The ATM is available 24/7, providing members with round-the-clock access to their funds and […] - [African-American Credit Union Coalition (AACUC) Awards Scholarship for Humanedge Executive Leadership Program](https://thecreditunionconnection.com/african-american-credit-union-coalition-aacuc-awards-scholarship-for-humanedge-executive-leadership-program/): The African American Credit Union Coalition (AACUC) is pleased to announce the launch of its new scholarship to support executive leadership development for professionals within the credit union industry. This scholarship will enable one outstanding executive annually to attend Humanedge, a transformative leadership development experience for C-Suite Leaders. The first recipient of this scholarship is Jimese Harkley, Senior Vice President and Chief Community Engagement Officer at Harborstone Credit Union. With 20 years of experience in the credit union industry, Jimese has been a tireless advocate for diversity, equity, and inclusion, and her leadership in community engagement has set a new […] - [SchoolsFirst FCU Celebrates 2024 Year of Giving to Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/schoolsfirst-fcu-celebrates-2024-year-of-giving-to-childrens-miracle-network-hospitals/): Credit Union Raised More Than $298,000 in 2024 for Children’s Miracle Network and Area Children’s Hospitals SchoolsFirst Federal Credit Union today announced that it contributed more than $298,000 in 2024 – through a combination of corporate donations and fundraising – to support Children’s Miracle Network Hospitals (CMNH) member hospitals in California, including Children’s Hospital of Orange County (CHOC), Children\’s Hospital Los Angeles (CHLA), Rady Children\’s Hospital – San Diego and UC Davis Children\’s Hospital. As a credit union serving California school employees and their families, SchoolsFirst FCU has participated in supporting Children’s Miracle Network Hospitals, the charity of choice for […] - [3rd Annual Women in Banking Event to be Hosted at Alkami Co:lab 2025](https://thecreditunionconnection.com/3rd-annual-women-in-banking-event-to-be-hosted-at-alkami-colab-2025/): Fostering an inclusive environment for people to engage, network, and grow in the financial services industry Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) is excited to announce the 3rd annual Women in Banking event, taking place during the Alkami Co:lab 2025 conference in Nashville, TN. This signature event brings together banking professionals across multiple disciplines to celebrate and empower women in the financial services sector, focusing on leadership, professional development, digital banking innovation, and inclusion. Alkami’s Women in Banking program has grown into a transformative movement since its inception, providing opportunities for connection and growth for industry professionals at every stage […] - [Coastal Wealth Management Advisors Earn Awards for Outstanding Performance](https://thecreditunionconnection.com/coastal-wealth-management-advisors-earn-awards-for-outstanding-performance-1/): Coastal Wealth Management, available through CFS*, is the recipient of five Pacesetter Awards, presented by CUSO Financial Services, L.P.  This is the 11th consecutive year that Coastal Wealth Management has earned recognition, and the first time it has earned five awards. CFS* financial advisors Catherine Bryant and Jonah Kaufman earned gold level Pacesetter awards for meeting 2024 production goals and providing outstanding client service. Additionally, advisors Sam Bogaczyk, David Burk, and Rick Lowe were recognized with silver level Pacesetter awards. “We’re proud of our team and their dedication and support of Coastal’s members,” said Ewelina Caplap, program manager. “The financial […] - [OMNICOMMANDER Partners With Apiture to Offer Enhanced Digital Marketing Experiences for Community Financial Institutions](https://thecreditunionconnection.com/omnicommander-partners-with-apiture-to-offer-enhanced-digital-marketing-experiences-for-community-financial-institutions/): Award-winning digital solutions provider OMNICOMMANDER today announced its partnership with Apiture, a leading provider of digital banking solutions, to provide its bank and credit union clients with access to enhanced end-user digital marketing and communication services. To help today’s banks and credit unions increase their reach and accessibility, OMNICOMMANDER offers a host of digital marketing products and services specifically tailored for financial institutions, including targeted content and email marketing campaigns, social media management, Search Engine Marketing (SEM), and Search Engine Optimization (SEO) strategies. Other marketing services OMNICOMMANDER provides are: Conversion Messaging and Content Marketing Creation – Marketing strategies for conversions designed to […] - [DFPI Takes Action Against Patelco Credit Union for Cybersecurity Violations](https://thecreditunionconnection.com/dfpi-takes-action-against-patelco-credit-union-for-cybersecurity-violations/): The California Department of Financial Protection and Innovation (DFPI) announced today a consent order with San Francisco-based, Patelco Credit Union (Patelco) for cybersecurity violations. The consent order, which includes a $100,000 penalty, follows an investigation prompted by a June 2024 ransomware attack affecting Patelco’s approximately 500,000 members. The ransomware attack caused essential computer functions at Patelco to shut down from June 29, 2024, to July 15, 2024, and disrupted services to Patelco’s members, including the inability to conduct any online banking functions. At that time, ransomware attackers were also able to access a significant number of members’ personally identifiable information […] - [LLCU Donates $20,000 To Community Partner CHELP](https://thecreditunionconnection.com/llcu-donates-20000-to-community-partner-chelp/): Land of Lincoln Credit Union (LLCU) donated $20,000 to community partner, CHELP. CHELP is an organization designed to aid those with dementia and to provide support to their families. This program can provide personalized care plans, interventions, and support services to improve quality of life for individuals and their families. This week, LLCU donated $20,000 to CHELP in support of the invaluable services they provide to our aging community. “At our credit union, we believe in the principle of \”people helpingpeople.\” By contributing to CHELP, we\’re investing in the well-being ofour members and neighbors,” states Jeri Phillips, LLCU Chief MemberServices […] - [Wheelhouse Credit Union Offering Two College Scholarship Programs For San Diego County High School Seniors](https://thecreditunionconnection.com/wheelhouse-credit-union-offering-two-college-scholarship-programsfor-san-diego-county-high-school-seniors/): Five Badge of Honor Scholarships Available for Children of First Responders Five Sustainability Scholarships Support Students Passionate about the Environment Wheelhouse Credit Union (Wheelhouse) is encouraging San Diego college-bound high school seniors to apply for its 2025 scholarship programs. Open to any local students, these programs will provide $10,000 in scholarships. Now in its fifth year honoring families of first responders, Wheelhouse Badge of Honor Scholarships are available to graduating high school seniors with a parent, grandparent, or legal guardian who is an active member of law enforcement, fire protection service, healthcare or EMT in San Diego County. Five $1,000 […] - [USSFCU Welcomes Don DiMatteo as Chief Lending Officer](https://thecreditunionconnection.com/ussfcu-welcomes-don-dimatteo-as-chief-lending-officer/): The United States Senate Federal Credit Union (USSFCU) is pleased to announce the appointment of Don DiMatteo as its new Chief Lending Officer (CLO). With over 35 years of experience in lending and financial services, DiMatteo brings a wealth of leadership, expertise, and a deep passion for member-focused lending solutions. DiMatteo’s career spans 17.5 years at Wells Fargo, where he managed retail branches and lending operations, and nearly 20 years at State Department Federal Credit Union (SDFCU), where he served as Senior Vice President of Lending and Managing Director of Member Experience. Under his leadership, SDFCU grew from $700 million […] - [Newsweek Names Redwood Credit Union One of “America’s Best” Credit Unions](https://thecreditunionconnection.com/newsweek-names-redwood-credit-union-one-of-americas-best-credit-unions-1/): Redwood Credit Union has again been recognized by Newsweek as one of America’s Best Regional Banks and Credit Unions 2025. Newsweek’s study analyzed the financial health, operational performance, and member satisfaction of more than 9,000 financial institutions across the U.S. to identify the top 500 credit unions and the top 500 regional banks. “We’re honored to once again be recognized by Newsweek as a leader in the industry,” said Brett Martinez, President and CEO of Redwood Credit Union. “As a trusted local financial partner, we remain deeply committed to the financial well-being of our members and the communities we serve […] - [Shirley Senn Joins New Orleans Firemen’s Federal Credit Union as Chief Community Development and Impact Officer](https://thecreditunionconnection.com/shirley-senn-joins-new-orleans-firemens-federal-credit-union-as-chief-community-development-and-impact-officer/): New Orleans Firemen’s Federal Credit Union (NOFFCU) proudly announces the appointment of Shirley Senn as its Chief Community Development and Impact Officer, reinforcing the credit union’s long-standing commitment to community revitalization, economic empowerment, and financial inclusion. With a distinguished career spanning 33 years in credit union leadership, community development, Community Development Financial Institutions (CDFIs), and an unwavering commitment to small and de novo credit unions, Senn brings a wealth of expertise in driving impactful financial programs that uplift underserved communities. Her dedication to financial inclusion aligns seamlessly with NOFFCU’s mission of empowering individuals and businesses through access to fair and […] - [Firemen’s Federal Named an Inclusive Workplace](https://thecreditunionconnection.com/firemens-federal-named-an-inclusive-workplace-1/): New Orleans Firemen’s Federal Credit Union is proud to announce that it has been recognized as an \”Inclusive Workplace\” for the third year in a row by Best Companies Group, a workplace culture and employee engagement expert, and COLOR Magazine, a leader in corporate inclusivity. “We are honored to be once again recognized as an Inclusive Workplace by Best Companies Group and COLOR magazine,” said Firemen’s Federal CEO Judy DeLucca. “Our commitment to maintaining an inclusive environment for our employees and reflecting the communities we serve has never been stronger.” \”This program highlights the real strides companies are making in […] - [GLCU Foundation Donates to CUAid Campaign for California Wildfire Relief Efforts](https://thecreditunionconnection.com/glcu-foundation-donates-to-cuaid-campaign-for-california-wildfire-relief-efforts/): The GLCU Foundation for Financial Empowerment donated to the National Credit Union Foundation\’s (NCUF) CUAid campaign to support those impacted by the wildfires in Southern California. This contribution reflects the GLCU Foundation\’s commitment to assisting communities impacted by natural disasters. The NCUF\’s CUAid program plays a crucial role in providing timely support for individuals and communities affected by natural disasters throughout the year. In 2023 alone, the CUAid program awarded $644,000 in grants to assist those affected by various natural disasters across the United States. CUAid has made a significant impact since its inception, distributing a total of $10.2 million […] - [KEMBA Indianapolis Credit Union Announces Selection for Top Leadership Role](https://thecreditunionconnection.com/kemba-indianapolis-credit-union-announces-selection-for-top-leadership-role/): Jennifer Mulligan is the New President and CEO of KEMBA Indianapolis Credit Union The Board of Directors of KEMBA Indianapolis Credit Union have chosen Jennifer Mulligan as the new President and Chief Executive Officer (CEO) effective February 1, 2025. Mulligan will succeed Karla Salisbury, who retired. Mulligan, an experienced financial service leader with 38 years of experience, most recently served as CEO of Hoosier United Credit Union. Mulligan brings a wealth of industry knowledge and expertise in lending, member service and operations. Paul Sahm, Chairman of the board said, “On behalf of the Board of Directors, we welcome Jennifer to […] - [Hawaii State FCU Now Accepting Applications For 2025 Investing In Education Grant Program](https://thecreditunionconnection.com/hawaii-state-fcu-now-accepting-applications-for-2025-investing-in-education-grant-program/): Public School Teachers Can Apply for Grants of up to $500 for Classroom Supplies Hawaii State Federal Credit Union (Hawaii State FCU) is now accepting applications for its 2025 Investing in Education grant program. This year, Hawaii State FCU will award grants of up to $500 to eligible public school teachers across the state to help fund essential classroom materials such as books, technology, and other learning resources. Applications are now available through April 4, 2025. “For more than 15 years, Hawaii State FCU has remained committed to supporting Hawaii’s public school teachers by helping them access much-needed resources for […] - [CUNA Strategic Services Aligns With Wipfli to Provide Access to Top C- Suite Talent and Streamline Loan Reviews](https://thecreditunionconnection.com/cuna-strategic-services-aligns-with-wipfli-to-provide-access-to-top-c-suite-talent-and-streamline-loan-reviews/): CUNA Strategic Services is excited to announce their new alliance with Wipfli, a top 25 advisory and accounting firm delivering holistic solutions to help clients navigate the modern marketplace, optimize performance and drive growth. CUNA Strategic Services chose to ally with Wipfli to pursue their shared vision of credit union growth, building upon our diverse portfolio of solutions. \”The war for talent rages on for credit unions. This launch is the culmination of important work CSS has been doing with America’s Credit Unions’ Small Credit Union Committee. By offering access to shared fractional crucial c-level resources, we’re opening a tremendous […] - [Education Credit Union Selects Vertice ACQUIRE to Accelerate New Member Acquisition](https://thecreditunionconnection.com/education-credit-union-selects-vertice-acquire-to-accelerate-new-member-acquisition/): Education Credit Union (ECU), based in Amarillo, Texas, has implemented the newly-launched Vertice ACQUIRE solution and achieved exciting results in its pilot program. Developed by Vertice AI, Vertice ACQUIRE leverages advanced, data-driven technology to transform how credit unions grow their membership base. Vertice ACQUIRE uses a unique Acquisition Matrix Model Score to identify and engage prospective members likely to both (1) join the credit union and (2) grow into high-value, long-term members. By analyzing data from Experian alongside internal member insights, Vertice ACQUIRE forecasts which products prospects have a higher propensity to adopt and their long-term engagement potential. Using innovative […] - [Gareth Gaston Joins Candescent as Chief Product Officer](https://thecreditunionconnection.com/gareth-gaston-joins-candescent-as-chief-product-officer/): Former U.S. Bank Digital Product Officer joins fintech to help support continued evolution of leading digital banking solutions Candescent today announced that industry powerhouse Gareth Gaston has joined the organization as Chief Product Officer. This appointment reflects Candescent’s ongoing commitment to delivering best-in-class software solutions to its more than 1,300 financial institution customers. Gaston comes to Candescent after more than a decade at U.S. Bank, where he most recently served as Chief Digital Product Officer for Enterprise Platforms. During his time at the bank, Gaston led the redesign of the bank’s mobile app for consumer and business banking, which has […] - [GTE Financial Celebrates 90 Years of Service in the Tampa Bay Community](https://thecreditunionconnection.com/gte-financial-celebrates-90-years-of-service-in-the-tampa-bay-community/): Locally owned and operated credit union, GTE Financial is thrilled to celebrate 90 years of servicing the financial needs of its local residents, businesses and helping empower the Tampa Bay community. “At GTE Financial, our commitment has always gone beyond just providing financial products and services—we are dedicated to enriching the lives of our members and our community,” says Brian Best, President and CEO of GTE Financial. “The past 90 years have been filled with good and challenging economic times, but GTE continued to grow, and expand its footprint and virtual reach, all while putting our membership first and bringing […] - [Happy Money Taps Gaurav Agarwal as Chief Credit Officer to Strengthen Risk and Analytics Leadership ](https://thecreditunionconnection.com/happy-money-taps-gaurav-agarwal-as-chief-credit-officer-to-strengthen-risk-and-analytics-leadershipnbsp/): Seasoned credit and risk executive joins to drive credit strategy and fuel meaningful growth for the consumer finance leader  Happy Money today announced the appointment of Gaurav Agarwal as its new Chief Credit Officer. In this role, Gaurav will spearhead Happy Money\’s risk and analytics functions, driving strategic initiatives to optimize portfolio performance and align risk management efforts with overall business objectives.  Gaurav brings decades of strong experience and knowledge around credit policy, pricing, underwriting, balance sheet optimization, risk management and collections. His track record of innovation and leadership includes his most recent tenure as Chief Credit Officer at BlueChip Financial, […] - [LoneTree, TruStage™ Ventures Announce Investment into Data Analytics Firm Arkatechture](https://thecreditunionconnection.com/lonetree-trustage-ventures-announce-investment-into-data-analytics-firm-arkatechture/): Arkatechture platform supports credit unions by enabling data-driven business decisions Arkatechture, provider of Arkalytics, today announced a strategic growth investment from LoneTree Capital, a New York-based growth capital firm, and TruStage™ Ventures, the venture capital arm of TruStage, an insurance, investments, and technology provider. The investment can help Arkatechture’s ability to innovate alongside and support its growing customer base, with TruStage partnering to bring the Arkalytics solution to more credit unions. “Credit unions and community banks face a unique challenge aggregating data from various siloed software systems,” said Mike Devine, Partner at LoneTree. “Arkatechture’s Arkalytics platform creates a single source […] - [Unlocking Growth Through Inclusive Small Business Lending: A Strategic Imperative for Credit Unions](https://thecreditunionconnection.com/xew4opoooezy0jf25p0b0tij3w55s4/): Alex McLeod, CEO & Co-founder, Parlay Finance Jay Long, COO & Co-founder, Parlay Finance The small business lending market presents credit unions with a $1.4 trillion opportunity, yet this figure vastly understates the true potential. Traditional market analyses fail to capture the enormous untapped demand within underserved communities, where nearly 90% of entrepreneurs face persistent barriers to capital access. This access gap creates a parallel data gap with far-reaching implications: When underserved businesses struggle to progress through lending processes, they remain absent from the datasets that drive future lending decisions. The result is a self-reinforcing cycle where lack of capital […] - [American Heritage Credit Union is Now Accepting Applications for 2025 Cecilia B. Grady Scholarship Program](https://thecreditunionconnection.com/american-heritage-credit-union-is-now-accepting-applications-for-2025-cecilia-b-grady-scholarship-program/): American Heritage Credit Union (American Heritage) is awarding 30 graduating high school senior members with a $1,000 scholarship each to help ease the financial burden of higher education expenses. American Heritage’s Scholarship Committee will select the 2025 recipients based on their scholarly merits, community and school involvement, a letter of recommendation, credit union eligibility, and a submitted essay describing an accomplishment, event, or realization that sparked a period of personal growth and a new understanding of oneself or others. Eligibility requirements for graduating high school seniors include: Minimum GPA of 2.5 on transcript *This must be verified by transcript issued […] - [Jack Henry and Moov to Implement Visa Direct to Enable Fast, Seamless Payments](https://thecreditunionconnection.com/jack-henry-and-moov-to-implement-visa-direct-to-enable-fast-seamless-payments/): Alliance enables banks and credit unions to better serve the payment needs of consumers and small businesses Jack Henry™ (Nasdaq: JKHY) announced today its collaboration with Visa, the world leader in digital payments, to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets around the world, is part of Jack Henry’s previously announced alliance with Moov to enable community and regional financial institutions to offer robust and comprehensive digital payment services to consumers and small and medium-sized businesses (SMBs). “The inclusion of […] - [Texas Trust Donates $7,000 to DeSoto’s Cockrell Hill Elementary to Send Student Hunger Packing](https://thecreditunionconnection.com/texas-trust-donates-7000-to-desotos-cockrell-hill-elementary-to-send-student-hunger-packing/): Desoto ISD’s Cockrell Hill Elementary Childhood Hunger Initiative Power Pack program (CHIPP) got a boost from Texas Trust Credit Union. Its donation of $7,000 will provide non-perishable food to keep students from going hungry over weekends and during school breaks. Through CHIPP, Cockrell Hill elementary provides “power pack” backpacks filled with nutritious food for 100 students each Friday to ensure they have something healthy to eat over the weekend until they return to school. Each power pack contains breakfast, lunch and snacks for two days, along with a can of vegetables and fruit. Students who come to school hungry have difficulty […] - [Keesler Federal Once Again Recognized as Newsweek\'s Best Regional Credit Unions](https://thecreditunionconnection.com/keesler-federal-once-again-recognized-as-newsweeks-best-regional-credit-unions-3/): For the second year in a row, Keesler Federal Credit Union is being recognized as one of Newsweek\’s best regional credit unions. A recently released study of America\’s Best Regional Banks and Credit Unions for 2025 conducted by Newsweek and Plant-A Insights determined the top 500 credit unions and 500 banks in the nation after an examination of 9,170 regional financial institutions across the country. The study considered profitability, financial relevance, risk exposure to financial uncertainties and the general health and stability of each financial institution. The analysis was further supported by a nationwide examination of more than 845,000 reviews […] - [Keesler Federal Once Again Recognized as Newsweek's Best Regional Credit Unions](https://thecreditunionconnection.com/keesler-federal-once-again-recognized-as-newsweeks-best-regional-credit-unions-2/): For the second year in a row, Keesler Federal Credit Union is being recognized as one of Newsweek’s best regional credit unions. A recently released study of America’s Best Regional Banks and Credit Unions for 2025 conducted by Newsweek and Plant-A Insights determined the top 500 credit unions and 500 banks in the nation after an examination of 9,170 regional financial institutions across the country. The study considered profitability, financial relevance, risk exposure to financial uncertainties and the general health and stability of each financial institution. The analysis was further supported by a nationwide examination of more than 845,000 reviews […] - [Keesler Federal Once Again Recognized as Newsweek\'s Best Regional Credit Unions](https://thecreditunionconnection.com/keesler-federal-once-again-recognized-as-newsweeks-best-regional-credit-unions/): For the second year in a row, Keesler Federal Credit Union is being recognized as one of Newsweek\’s best regional credit unions. A recently released study of America\’s Best Regional Banks and Credit Unions for 2025 conducted by Newsweek and Plant-A Insights determined the top 500 credit unions and 500 banks in the nation after an examination of 9,170 regional financial institutions across the country. The study considered profitability, financial relevance, risk exposure to financial uncertainties and the general health and stability of each financial institution. The analysis was further supported by a nationwide examination of more than 845,000 reviews […] - [North County African American Women’s Association & North Island Credit Union Partner to Offer 2025 Student Scholarships](https://thecreditunionconnection.com/north-county-african-american-womens-association-amp-north-island-credit-union-partner-to-offer-2025-student-scholarships/): North County African American Women’s Association (NCAAWA) and North Island Credit Union are partnering to offer scholarships and financial literacy programming to college-bound female students of African American descent in North County San Diego. Four $2,500 NCAAWA/North Island Credit Union scholarships are available to graduating high school seniors, current ROP, trade school, college and/or graduate students in Carlsbad, Escondido, Fallbrook, Oceanside, San Dieguito, San Marcos and Vista. Special consideration will be given to students pursuing degrees in education. NCAAWA Scholarship Chair Bess Bronson said, “The North County African American Women’s Association Scholarship Program is designed to support the educational advancement […] - [Credit Union Impact Foundation: A New Chapter in Driving Meaningful Change ](https://thecreditunionconnection.com/credit-union-impact-foundation-a-new-chapter-in-driving-meaningful-changenbsp/): Beginning today, the Southeastern Credit Union Foundation, the charitable arm of The League of Credit Unions & Affiliates, is proud to announce a new chapter as the Credit Union Impact Foundation. This rebrand follows the recent consolidation with the Virginia Credit Union League, which has strengthened the Foundation’s reach across Alabama, Florida, Georgia, and Virginia.   “I’m honored to share the meaningful impact this expanded reach will bring to the credit union community,” said Richard J. “Rick” Skaggs, Chairman of the Credit Union Impact Foundation Board and President and CEO of USF Federal Credit Union. “With a broader footprint, we are […] - [Navy Federal Investment Services Named America’s Top Financial Advisory Firms 2025 – Celebrating 25 Years of Excellence](https://thecreditunionconnection.com/navy-federal-investment-services-named-americas-top-financial-advisory-firms-2025-celebrating-25-years-of-excellence/): Navy Federal Investment Services, a part of Navy Federal Financial Group, a subsidiary of Navy Federal Credit Union, has been recognized as one of America’s Top Financial Advisory Firms 2025 by Newsweek and Plant-A Insights Group. This prestigious acknowledgement not only highlights our commitment to help investors make informed confident financial decisions but also coincides with a significant milestone: the 25th anniversary of Navy Federal Financial Group. “We are honored to be recognized as one of the top financial advisory firms for 2025. This achievement reflects the hard work, dedication and trust our team has cultivated over the past 25 […] - [Delta Community Extends $25,000 in Awards Through Annual College Scholarship Program](https://thecreditunionconnection.com/delta-community-extends-25000-in-awards-through-annual-college-scholarship-program/): Credit union\’s support of students pursuing higher education enters 20th year Delta Community Credit Union, Georgia\’s largest credit union, will begin accepting entries for its 20th Annual College Scholarship Program on Feb. 1. The credit union will select five deserving students, who will each receive a $5,000 scholarship to assist with college-related expenses. Scholarship recipients will be chosen based on their academic achievement, community involvement and a personal essay. This year\’s essay submission will require applicants to complete two Delta Community Financial Education Center BalanceTrack modules, Money Management and Credit Matters, before writing a response to the following question: After […] - [Mountain America Credit Union and BYU Athletics Team Up for $10,000 Donation to Local Charities](https://thecreditunionconnection.com/mountain-america-credit-union-and-byu-athletics-team-up-for-10000-donation-to-local-charities/): Cougar Nation’s votes selected both Utah Crisis Food Response and Special Olympics Provo United to receive donations for vital community programs Mountain America Credit Union, in collaboration with BYU Athletics, recently presented donations totaling $10,000 to Utah Crisis Food Response (UCFR) and Special Olympics Provo United. The organizations were each presented with $5,000 checks during the January 14, 2025, Brigham Young University (BYU) men’s basketball game. These donations were part of the Cougs Care initiative, where Cougar Nation fans nominated and voted for their favorite charitable organizations online. “The Cougs Care initiative highlights the power of community and the positive […] - [Neighbors Federal Credit Union Makes Loan Funding Easier While Fighting Fraud with Point Predictive’s AutoPass™ Solution](https://thecreditunionconnection.com/neighbors-federal-credit-union-makes-loan-funding-easier-while-fighting-fraud-with-point-predictives-autopass-solution/): AutoPass is being widely and rapidly adopted by credit unions like Neighbors Federal enabling faster loans for members while protecting them from sophisticated fraud schemes Point Predictive announced that Neighbors Federal Credit Union has selected AutoPass to enhance their auto lending capabilities. As auto lending fraud continues to evolve, with industry exposure reaching $8.1 billion in recent years, Neighbors Federal Credit Union is taking proactive steps to protect its members while making the lending process faster and more efficient. The partnership comes at a crucial time in the lending landscape, where credit unions have emerged as leaders in auto loan […] - [LLCU Annual Community Impact Report Released Highlighting Summary of Community Reinvestment Efforts in 2024](https://thecreditunionconnection.com/llcu-annual-community-impact-report-released-highlighting-summary-of-community-reinvestment-efforts-in-2024/): Land of Lincoln Credit Union (LLCU) released their 2024 Community Impact Report this week highlighting community reinvestment and volunteer efforts committed by LLCU in 2024. The report summarizes that in 2024, LLCU staff volunteered 2,402 hours to local non-profit organizations and provided $232,974 in community donations to non-profit agencies throughout central Illinois. With the donations and the volunteer hours combined, over 160 local non-profit agencies were impacted by LLCU’s 2024 Community Impact efforts. Additionally, LLCU staff provided over 2,800 hours of Financial Literacy education to community members over the last two years alone. “LLCU remains committed to community reinvestment efforts […] - [GWLN and WYCUP Announce 2025 Scholarship Recipients](https://thecreditunionconnection.com/gwln-and-wycup-announce-2025-scholarship-recipients/): Thirteen women and emerging credit union leaders recognized for global scholarships The Worldwide Foundation for Credit Unions (WFCU) proudly announces the recipients of the 2025 Global Women’s Leadership Network (GWLN) and World Young Credit Union Professionals (WYCUP) Program scholarships. These distinguished awards recognize outstanding credit union leaders from around the world, providing them with transformative learning experiences and professional development opportunities. For the 2025 scholarship cycle, GWLN received a record-breaking 101 applications from 25 countries, underscoring the growing demand for leadership opportunities within the credit union movement. WYCUP continues to identify and support emerging leaders, offering a platform for young […] - [MSUFCU Launches Pillur Business Banking, Dedicates $200 Million to Support Chicagoland Small Businesses](https://thecreditunionconnection.com/msufcu-launches-pillur-business-banking-dedicates-200-million-to-support-chicagoland-small-businesses/): MSU Federal Credit Union (MSUFCU) introduced Pillur Business Banking, a new financial solution designed to support entrepreneurs, startups, and small business owners. To mark the launch, MSUFCU has committed $200 million in small business lending to help drive economic growth in the Chicagoland area. The announcement was made during a grand opening networking event in Chicago, where local business leaders gathered to celebrate Pillur’s entry into the market. “Small businesses are vital to a thriving community,” said April Clobes, MSUFCU President and CEO. “By investing in local entrepreneurs and providing the financial resources they need to succeed, we’re helping build a stronger, […] - [Global Credit Union and First Financial Northwest, Inc. Announce Receipt of Final Regulatory Approval for Transaction](https://thecreditunionconnection.com/global-credit-union-and-first-financial-northwest-inc-announce-receipt-of-final-regulatory-approval-for-transaction/): Global Federal Credit Union and First Financial Northwest, Inc., the holding company for First Financial Northwest Bank, jointly announced today that Global received the required regulatory approval from the National Credit Union Administration for its acquisition of substantially all of the assets and assumption of substantially all of the liabilities (including deposit liabilities) of the Bank (the “Asset Sale”), on the terms and subject to the conditions of the Purchase and Assumption Agreement, dated as of January 10, 2024, by and among the Company, the Bank and Global. The Bank previously received and has maintained approvals from the Federal Deposit […] - [MSUFCU Continues Expansion into Chicago with Three Unique Brand Locations](https://thecreditunionconnection.com/msufcu-continues-expansion-into-chicago-with-three-unique-brand-locations/): MSU Federal Credit Union (MSUFCU) officially opened three new locations in Chicago, introducing AlumniFi, Collegiate, and Pillur Business — innovative, digital-first brands designed to deliver tailored financial experiences. As MSUFCU continues to grow, so do the ways it serves its members. This expansion reflects the Credit Union’s commitment to reimagining financial services, ensuring that banking is dynamic, accessible, and personalized. “We are committed to redefining the banking experience by offering tailored financial solutions that meet people where they are in life,” said April Clobes, MSUFCU President and CEO. “With these three unique brands, we’re creating a dynamic ecosystem where young professionals, […] - [LEVERAGE Partners with DefenseStorm to Strengthen Cybersecurity for Credit Unions](https://thecreditunionconnection.com/leverage-partners-with-defensestorm-to-strengthen-cybersecurity-for-credit-unions/): LEVERAGE is pleased to announce a strategic partnership with DefenseStorm, a leading provider of cybersecurity risk management solutions designed specifically for financial institutions. This collaboration will enable credit unions to strengthen their cybersecurity frameworks and improve their ability to manage and mitigate cyber risks. DefenseStorm delivers a comprehensive solution that integrates cybersecurity risk assessment, governance program, fraud prevention, and threat surveillance in one unified platform. Built specifically for financial institutions, the platform helps credit unions manage risk by providing real-time access to critical data through GRID Active, an intelligent data engine that analyzes, identifies, and responds to threats as they […] - [University Credit Union Announces Leadership Transition, Readiness for Continued Growth](https://thecreditunionconnection.com/university-credit-union-announces-leadership-transition-readiness-for-continued-growth/): UCU appoints Estela Nagahashi as Interim CEO to lead the next phase of expansion and innovation University Credit Union (UCU) announces that its President and CEO, Dr. David Tuyo, will transition to a new role as the CEO of TwinStar Credit Union, located in the Pacific Northwest. This was a profoundly personal decision, and he will depart with the full support and appreciation of the UCU community. His leadership has propelled UCU onto a path of sustained growth, leaving the credit union well-positioned for continued success under new leadership. Under Dr. Tuyo’s leadership, UCU has experienced significant growth, expanded its […] - [Members First Credit Union Opens New Branch in Saginaw](https://thecreditunionconnection.com/members-first-credit-union-opens-new-branch-in-saginaw/): Members First Credit Union (M1) is excited to announce the opening of its newest branch in Saginaw, Michigan, on March 12th, 2025. This further solidifies the credit union’s commitment to providing banking without barriers to the local community. This marks a significant milestone for Members First, as the Saginaw branch is the 11th location, expanding the reach to better serve Saginaw County and surrounding areas.  “We are thrilled to bring Members First Credit Union’s services to Saginaw,” said Carrie Iafrate, CEO and President of Members First Credit Union. “This new location represents our ongoing commitment to strengthening relationships with existing […] - [Marstone’s Digital Tool Simplifying Investment Management Coming to Elevations’ Members](https://thecreditunionconnection.com/marstones-digital-tool-simplifying-investment-management-coming-to-elevations-members/): The investment management platform from Marstone, Inc., is now available to over 175,000 Elevations Credit Union members. With clear language and visuals, automation, continuous portfolio monitoring and a low barrier to entry, Marstone makes it simple for anyone to start investing. At the heart of this relationship between Elevations and Marstone is a shared vision to make financial wellness universally accessible. “Elevations’ commitment to serving their members and fostering financial wellness aligns perfectly with our mission to democratize finance,” said Margaret J. Hartigan, CEO and co-founder of Marstone. “With the platform, the credit union can deepen relationships, expand their reach and […] - [The League Honors Congressmen Dale Strong, Byron Donalds, Nikema Williams, and Gerry Connolly as 2024 Federal Lawmakers of the Year](https://thecreditunionconnection.com/the-league-honors-congressmen-dale-strong-byron-donalds-nikema-williams-and-gerry-connolly-as-2024-federal-lawmakers-of-the-year/): The League of Credit Unions & Affiliates is excited to announce that Congressman Dale Strong (AL-05), Congressman Byron Donalds (FL-19), Congresswoman Nikema Williams (GA-05), and Congressman Gerry Connolly (VA-11) have been named the 2024 Federal Lawmakers of the Year from their respective states. They were formally recognized last week at the America’s Credit Unions Governmental Affairs Conference in Washington, D.C. “Credit unions are the key to financial stability and resilience for millions of families and businesses across America, and Congressmen Strong, Donalds, Williams, and Connolly have shown unwavering commitment to championing policies that strengthen this vital industry,” mentioned Samantha A.M. Beeler, […] - [Envisant Acquiers IronSafe Software System](https://thecreditunionconnection.com/envisant-acquiers-ironsafe-software-system/): Envisant, the business subsidiary of the Illinois Credit Union League, announced its acquisition of the IronSafe software system from Trellance Cooperative Holdings, Inc. As a leading provider of payments solutions to nearly 1,900 credit unions, Envisant was one of the first and largest users of IronSafe, leveraging the platform for report distribution to its extensive network of credit unions customers.  IronSafe is a state-of-the-art technology offering cloud and customer-hosted solutions for the secure display, storage and backup of reports and documents, primarily to financial services and medical industries. It activates legacy reports through data extraction that can be displayed in customizable dashboards […] - [Vizo Financial Wins Third Consecutive Gallup Exceptional Workplace Award](https://thecreditunionconnection.com/vizo-financial-wins-third-consecutive-gallup-exceptional-workplace-award/): Vizo Financial Corporate Credit Union has received the 2025 Gallup Exceptional Workplace Award (GEWA) for employee engagement. This is the third consecutive year that Vizo Financial has been named a GEWA winner, an accolade that recognizes the Corporate as one of the most engaged workplace cultures in the world.  Despite momentous challenges in a rapidly evolving workplace landscape, Gallup found that Vizo Financial continued to engage and develop its people in innovative ways, setting new benchmarks for workplace excellence.  “Congratulations to this year’s Gallup Exceptional Workplace Award winners for setting the standard for a thriving workplace. Your commitment to creating […] - [Not ‘As You Wish’ Goes the CFPB](https://thecreditunionconnection.com/not-as-you-wish-goes-the-cfpb/): Henry Meier, The Law Firm of Henry Meier The Consumer Financial Protection Bureau’s (CFPB) legal status reminds me of The Princess Bride. The administration insists that the CFPB continues to conduct all legally required operations, even as it cancels the Bureau’s Washington lease. And, while Elon Musk publicly proclaims the CFPB shall rest in peace. If it’s not dead, it certainly is ‘mostly dead.’ It is the legal equivalent of being in a medically induced coma. So, what does this mean for your credit union? Here are some considerations to keep in mind. Once the new director is confirmed, I […] - [Boiling Springs Branch is Truliant’s Latest in Upstate S.C. Expansion](https://thecreditunionconnection.com/boiling-springs-branch-is-truliants-latest-in-upstate-s-c-expansion/): Truliant today the opening of a new branch location in Boiling Springs, S.C., as part of its ongoing expansion in Upstate South Carolina.  The new branch is Truliant’s first in Spartanburg County. Located at 2241 Boiling Springs Rd., the 3,206-square-foot branch features a modern design, ample dedicated parking, and 24-hour ATM access. Additionally, the branch includes a station with games and activities for children. Its staff includes bilingual Spanish-speaking employees.  “Our sixth branch in Upstate South Carolina allows us to highlight the benefits of Truliant membership through exceptional service while also contributing to the financial education and well-being of the […] - [Navy Federal to Provide Support to Members in Event of Government Shutdown](https://thecreditunionconnection.com/navy-federal-to-provide-support-to-members-in-event-of-government-shutdown/): Credit union will again offer 0% APR loans to eligible members impacted by potential shutdown As a March 14 deadline to extend federal spending authorization approaches, Navy Federal Credit Union will again offer 0% APR loans to eligible members in the event of a government shutdown. Navy Federal activated similar support programs during shutdowns in 2011, 2013 and, most recently, in 2018-2019, when it provided loans to nearly 20,000 members. Navy Federal’s paycheck assistance program will be available to any military servicemember, federal government employee or contractor who is currently paid directly by the federal government; who receives a paycheck via direct […] - [Celebrating Women’s History Month, Genisys Credit Union Recognized for Advancing Women in the Workforce with Four Accolades](https://thecreditunionconnection.com/celebrating-womens-history-month-genisys-credit-union-recognized-for-advancing-women-in-the-workforce-with-four-accolades/): Celebrating Women’s History Month, Genisys Credit Union is proud to announce it has been named as a Women-Led Top Workplace for 2024 by Innovation Women and Top Workplaces. The accolade reflects the credit union’s commitment to fostering a workplace culture where women excel, lead, and inspire. “We are honored to be recognized as a Women-Led Top Workplace,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “At Genisys, we are committed to empowering women in the workforce, creating opportunities for growth, and celebrating their collective successes.” Innovation Women, in partnership with Top Workplaces, looks at employee surveys conducted by […] - [Rapid Finance Helps Community Financial Institutions Scale SMB Lending and Boost Non-Interest Income With Its Integrated LOS and Funding Network](https://thecreditunionconnection.com/rapid-finance-helps-community-financial-institutions-scale-smb-lending-and-boost-non-interest-income-with-its-integrated-los-and-funding-network/): At ICBA LIVE, Rapid Finance has announced a significant enhancement to its Decisioneer loan origination software – seamless, one-button integration with the trusted Rapid Finance Funding Network. This powerful enhancement now unlocks new non-interest income streams for community banks when effortlessly referring loan applications that fall outside their lending criteria. With increasing competition from larger banks, community financial institutions need ways to streamline their SMB lending and retain their small business customers. Rapid Finance’s LOS not only improves loan origination and underwriting, but now also gives FIs one-click access to an extensive funding network to expand non-interest income opportunities for loan applications that […] - [USSFCU Hosts Kenyan Delegation for Insightful Discussion on Global Financial Cooperation](https://thecreditunionconnection.com/ussfcu-hosts-kenyan-delegation-for-insightful-discussion-on-global-financial-cooperation/): The U.S. Senate Federal Credit Union (USSFCU) proudly hosted a distinguished delegation from Kenya for a lunch reception and discussion on financial cooperation, economic trends, and regulatory frameworks. The delegation included representatives from the African Confederation of Cooperative Savings and Credit Associations (ACCOSCA), the African Cooperative Development Foundation, and members of the Kenyan government. The delegation was comprised of: The meeting provided a valuable forum for an exchange of ideas between USSFCU leadership and the visiting delegation, with a focus on key financial topics such as inflation, trade, and the regulatory landscape of cooperative financial institutions. Discussions highlighted the operational […] - [ValorFI Heroes Selects Spiral to Power Personalized Digital Banking for Everyday Heroes](https://thecreditunionconnection.com/valorfi-heroes-selects-spiral-to-power-personalized-digital-banking-for-everyday-heroes/): ValorFI Heroes, a digital banking platform launched by Gesa Credit Union, chooses Spiral to empower members to transform everyday spending into meaningful impact and effortlessly give back from their banking accounts. ValorFI Heroes today announced its partnership with Spiral, the award-winning personalization banking platform, to enhance its charitable giving capabilities. By leveraging Spiral’s innovative platform, ValorFI Heroes provides a tailored digital experience for hero groups such as educators, first responders, healthcare workers, law enforcement officers, and veterans, as well as those who support them. This partnership will enhance ValorFI Heroes’ mission to deepen member relationships, drive community engagement, and grow deposits […] - [Southeast Financial Credit Union Signs New Core Agreement with Synergent](https://thecreditunionconnection.com/southeast-financial-credit-union-signs-new-core-agreement-with-synergent/): Synergent will deliver Jack Henry™ Symitar® core processing and additional solutions to Southeast Financial Credit Union Synergent® is pleased to announce that Southeast Financial Credit Union has signed a new ten-year agreement for hosted Jack Henry™ Symitar®core processing.  This strategic partnership will empower Southeast Financial Credit Union to optimize their financial service offerings and enhance operational efficiencies with a reliable, scalable foundation designed to support its growing membership. “We are thrilled for the opportunity to partner with Synergent and Jack Henry, allowing us to serve our members more efficiently and in new, dynamic ways,” said John Jacoway, CEO of Southeast Financial Credit Union. “Streamlining processes and creating new […] - [American Heritage Credit Union Continues to Offer First-Time Homebuyer Programs & Grants](https://thecreditunionconnection.com/american-heritage-credit-union-continues-to-offer-first-time-homebuyer-programs-grants/): First-Time Homebuyers Can Receive up to $15,000 through First Front Door Grant; My CU Home Connection™ Offers Bundled Homebuying Services American Heritage Credit Union (“American Heritage”) is partnering with the Federal Home Loan Bank of Pittsburgh (“FHLBank of Pittsburgh”) to offer first-time homebuyer programs to help members afford and better navigate the homebuying process. American Heritage members can receive up to $15,000 through the annual First Front Door grant to use toward homebuying costs. Additionally, American Heritage offers the My CU Home Connection Program™, a one-stop-shop homebuying and selling service.  First Front Door (FFD) $15,000 Grant: In the First Front Door […] - [Members First Credit Union Named Large-Asset-Size Outstanding Credit Union of the Year in Michigan](https://thecreditunionconnection.com/members-first-credit-union-named-large-asset-size-outstanding-credit-union-of-the-year-in-michigan/): Members First Credit Union (M1) has been honored as the Outstanding Large-Asset-Size Credit Union of the Year in Michigan by the Michigan Credit Union League (MCUL) and the Michigan Credit Union Foundation (MCUF). This prestigious award recognizes a credit union that demonstrates outstanding advocacy, performance, and a commitment to positively impacting the industry.  In 2024, Members First made significant strides in supporting its members and community, with 98.6% of its team members becoming Certified Financial Counselors through America’s Credit Unions. The credit union provided financial counseling and coaching to 377 individuals and partnered with 11 schools across six Michigan counties […] - [NCUA Charters Heritage Hub Federal Credit Union to Serve Texas Community](https://thecreditunionconnection.com/ncua-charters-heritage-hub-federal-credit-union-to-serve-texas-community/): The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Heritage Hub Federal Credit Union, located in Houston. “I want to congratulate the organizers for bringing their vision of a cooperative financial services institution to reality,” NCUA Chairman Kyle S. Hauptman said. “Encouraging new charters and streamlining the chartering process have been priorities for me since I joined the NCUA Board. Credit unions have represented financial inclusion for tens of millions of Americans for more than 90 years, and each time we approve a new charter, we are backing the faith people have in […] - [DCUC Welcomes University of Kentucky Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-university-of-kentucky-federal-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes University of Kentucky Federal Credit Union (UKFCU) as our newest affiliate member. University of Kentucky Federal Credit Union, founded in 1937, is a not-for-profit financial cooperative based in Lexington, Kentucky. The credit union prides itself on a member-first approach, returning profits to its members through better rates and services offered via various programs to fit member needs. “UK Federal Credit Union is proud to support the Defense Credit Union Council, as their mission and purpose strongly align with ours,” said Ryan Ross, UKFCU President & CEO. “DCUC plays a vital role in […] - [World Credit Union Conference Announces 2025 Keynote Speakers](https://thecreditunionconnection.com/world-credit-union-conference-announces-2025-keynote-speakers/): Global cybersecurity and leadership experts to headline World Council of Credit Unions (WOCCU) is excited to announce a cybersecurity expert and an innovator in the future of work as the first two keynote speakers for the 2025 World Credit Union Conference—set for July 14-16, at the Stockholmsmässan in beautiful Stockholm, Sweden. Both are part of a distinguished lineup speakers who will share important insights with credit union leaders from around the world. “Confidence’s expertise in cybersecurity and her passion for inclusion combined with Eric’s leadership insights on building resilient teams will offer invaluable perspectives on embracing the future of work and […] - [Credit Union Assets, Delinquencies, Shares and Deposits Grow in the Fourth Quarter](https://thecreditunionconnection.com/credit-union-assets-delinquencies-shares-and-deposits-grow-in-the-fourth-quarter/): NCUA Releases 2024 Fourth Quarter Credit Union System Performance Data According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions rose by $52 billion, or 2.3 percent, to $2.31 trillion over the year ending in the fourth quarter of 2024. Insured shares and deposits grew $58 billion, or 3.4 percent, to $1.78 trillion. The delinquency rate at federally insured credit unions was 98 basis points in the fourth quarter of 2024, up 15 basis points from one year earlier. “The growth in assets and insured shares is good […] - [TwinStar CU Selects David Tuyo as Next CEO](https://thecreditunionconnection.com/twinstar-cu-selects-david-tuyo-as-next-ceo/): TwinStar Credit Union announces David Tuyo as the next CEO of the credit union. Tuyo will succeed the credit union’s long-term CEO, Jeff Kennedy, who is retiring after nearly 40 years of service. The selection follows an extensive search, which was facilitated by executive search and leadership development firm DDJ Myers. “The Board of Directors is thrilled to announce David Tuyo as TwinStar’s next CEO,” says Thomas Pettus-Czar, Board Chair. “Our goal throughout this process was to identify a visionary and dynamic leader aligned with our mission and values. We’re confident that David is that leader and look forward to the […] - [GAC 2025: Engaging Members to Elect a Pro-Credit Union Congress](https://thecreditunionconnection.com/gac-2025-engaging-members-to-elect-a-pro-cu-congress/): Taking the hike to the Hill, credit union leaders advocated for not subjecting credit unions to the federal corporate income tax and in favor of maintaining an independent regulator in the National Credit Union Administration (NCUA), among other issues during last week’s GAC. While credit unions can cultivate friends in Washington, it’s helpful to support their campaigns before they even get elected. At GAC 2025, Head of Political Affairs at America’s Credit Unions Trey Hawkins talked with SVP of Advocacy at Carolinas Credit Union League Billy Boylston, SVP, Chief Administrative Officer and General Counsel at Wings Credit Union Greg Higgins, […] - [Andrea Allen Promoted to Executive Vice President/Chief Revenue Officer for First Alliance Credit Union](https://thecreditunionconnection.com/andrea-allen-promoted-to-executive-vice-president-chief-revenue-officer-for-first-alliance-credit-union/): First Alliance Credit Union is pleased to announce the promotion of Andrea Allen to Executive Vice President/Chief Revenue Officer. In this role, Allen will lead the credit union’s revenue growth strategies, focusing on expanding membership, enhancing financial services, and driving organizational success, while upholding First Alliance’s commitment to providing financial possibilities for all.  Allen’s promotion follows her recent graduation from the National Credit Union Foundation’s Credit Union Development Education Training Program, where she deepened her knowledge of the credit union philosophy and explored innovative ways to serve members and communities and earning her Credit Union Development Educator (CUDE) designation. She […] - [Suncoast Credit Union To Celebrate 80th Branch Grand Opening in Ellenton with $40,000 in Community Donations](https://thecreditunionconnection.com/suncoast-credit-union-to-celebrate-80th-branch-grand-opening-in-ellenton-with-40000-in-community-donations/): Suncoast Credit Union is excited to celebrate the grand opening of its milestone 80th branch in Ellenton.  The Grand Opening Celebration and Ribbon Cutting Ceremony will take place on Wednesday, March 12 from 10:30 AM to 12 PM. The event will offer the community a chance to explore the new branch while enjoying a variety of festivities, giveaways, food, and music.  As part of its commitment to giving back, Suncoast will present more than $40,000 in donations to six local nonprofit organizations during the event. Representatives from each organization will be in attendance to receive the contributions.  “Opening a new branch […] - [Travis Credit Union Foundation Extends Financial Coaching Grants Applications](https://thecreditunionconnection.com/travis-credit-union-foundation-extends-financial-coaching-grants-applications/): Program Will Empower a Northern California Nonprofit With up to $39,000 in Grant Funding  Travis Credit Union Foundation announces the application deadline has been extended for its 2025 Financial Coaching Grants program until March 31. This initiative is an opportunity for one Northern California nonprofit organization to access $30,000 in unrestricted funding and up to $9,000 to train its staff to become financial coaches. Those interested in applying can start here.   “Our hope is that through this grant, we can create a ripple effect of positive financial behaviors that will benefit not only the individuals directly involved but the broader […] - [GAC 2025: Origence funded $53 billion for 2 million members in 2024](https://thecreditunionconnection.com/gac-2025-origence-funded-53-billion-for-2-million-members-in-2024/): Origence announced at America’s Credit Unions’ Governmental Affairs Conference (GAC) 2025 that it ended 2024 with $53 billion in funding and serving two million members. As a result, the company’s market share among $1 billion credit unions has grown to more than 55%. The company supports 1,100 credit unions of all sizes, representing more than 66 million members and nearly 20,000 auto dealers. Origence Chief Operating Officer Bob Child met with The Credit Union Connection Host Sarah Snell Cooke to discuss the competitive value of its eContracting with CUDL offering and what’s to come in 2025 in terms of lending […] - [Two Credit Unions Announce Promotions; MCUL/MCUF Awards Recipients Announced](https://thecreditunionconnection.com/two-credit-unions-announce-promotions-mcul-mcuf-awards-recipients-announced/): Two credit unions, including FORUM Credit Union, announced promotions, and the Michigan Credit Union League and Michigan Credit Union Foundation announced the recipients of the 2025 MCUL/MCUF Awards. New Hires Recognitions The Michigan Credit Union League (MCUL) and the Michigan Credit Union Foundation (MCUF) are proud to announce the recipients of the 2025 MCUL/MCUF Awards. These outstanding individuals and organizations exemplify leadership, innovation and a deep commitment to the credit union philosophy of “People Helping People.” Distinguished Service Award Vickie McIntosh, FreeStar Financial Credit UnionWith over 30 years of dedication to the credit union movement, McIntosh has been a steadfast […] - [Nymbus and Gesa Credit Union Launch ValorFi Heroes](https://thecreditunionconnection.com/nymbus-and-gesa-credit-union-launch-valorfi-heroes/): Digital Banking Platform Unites Community Heroes with Charitable Giving Nymbus is proud to announce the public launch of ValorFI Heroes in collaboration with Gesa Credit Union. This fully digital, national banking platform is specifically designed to serve multiple member verticals, starting with law enforcement officers, healthcare workers, first responders, educators, veterans, and those who support them through purpose-driven banking and charitable giving opportunities. “This is a momentous occasion for Gesa Credit Union,” said Don Miller, President and CEO representing ValorFI Heroes. “I am deeply proud of our dedicated team that brought this vision to life and their commitment over the last year […] - [Ohio CU Financial Services Partners with Ash Brokerage](https://thecreditunionconnection.com/ohio-cu-financial-services-partners-with-ash-brokerage/): Collaboration Provides Credit Union Members with a Full Suite of Insurance Solutions Ohio CU Financial Services, LLC, a wholly owned Credit Union Service Organization (CUSO) of OC Federal Credit Union, today announced its strategic partnership with Ash Brokerage, a leading broker of top-rated retirement solutions and protection plans. “We are excited to expand the products and services that we can offer our more than 13,000 members in Northeast Ohio,” stated Chief Retail Officer Bill Nelson. The partnership underscores Ohio CU Financial Services’ commitment to providing members with the top-tier financial and insurance solutions tailored to their needs. Founded in 1971 by Jim Ash, Ash […] - [SchoolsFirst FCU Enhances Partnership with Los Rios Community College District](https://thecreditunionconnection.com/schoolsfirst-fcu-enhances-partnership-with-los-rios-community-college-district/): Sponsored events at American River College recognize achievements of staff and student workforce, strengthening community colleges and empowering the individuals who contribute to their success SchoolsFirst Federal Credit Union today announced that it has enhanced its ongoing collaboration with American River College (ARC), a key institution within the Los Rios Community College District in the Greater Sacramento region, by supporting programs that recognize the hard work, commitment and dedication of the classified professionals who play a crucial role in the college’s operations by serving in non-teaching positions. This initiative is part of a comprehensive commitment to the Los Rios Community College […] - [Virginia Credit Union Association Honors Virginia Congressman Gerry Connolly as 2024 Federal Lawmaker of the Year](https://thecreditunionconnection.com/virginia-credit-union-association-honors-virginia-congressman-gerry-connolly-as-2024-federal-lawmaker-of-the-year/): The Virginia Credit Union Association, a subsidiary of The League of Credit Unions & Affiliates, proudly announces that Congressman Gerry Connolly (VA-11) has been named the 2024 Federal Lawmaker of the Year in Virginia. He was formally honored this week at the America’s Credit Unions Governmental Affairs Conference in Washington, D.C.  “Credit unions embody the spirit of community and service, and I am proud to stand alongside them in their mission of economic empowerment,” said Congressman Gerry Connolly, Ranking Member of the House Committee on Oversight and Government Reform. “I am grateful for this recognition and remain steadfastly committed to protecting […] - [Rize Credit Union Announces Additional Efforts to Support Wildfire Recovery and Rebuilding](https://thecreditunionconnection.com/rize-credit-union-announces-additional-efforts-to-support-wildfire-recovery-and-rebuilding/): Rize Credit Union (Rize) announced additional efforts to support Los Angeles wildfire recovery and rebuilding, including limited-edition LA Strong apparel, direct donations and a dedicated impact certificate. All Rize Credit Union wildfire relief and recovery efforts can be found at RizeCU.com/SupportLA. Rize Credit Union is offering limited-edition LA Strong apparel, including pullover and zip-up hoodies and trucker hats for those looking to wear their support, with 100% of the proceeds going to local recovery efforts. LA Strong apparel starts at $30 and is available for purchase at RizeCU.com/SupportLA. Members and the community who want to make an immediate impact toward wildfire recovery can […] - [Alabama Credit Union Association Honors Alabama Congressman Dale Strong as 2024 Federal Lawmaker of the Year](https://thecreditunionconnection.com/alabama-credit-union-association-honors-alabama-congressman-dale-strong-as-2024-federal-lawmaker-of-the-year/): The Alabama Credit Union Association, a subsidiary of The League of Credit Unions & Affiliates, proudly announces that Congressman Dale Strong (AL-05) has been named the 2024 Federal Lawmaker of the Year in Alabama. He was formally honored this week at the America’s Credit Unions Governmental Affairs Conference in Washington, D.C. “Credit unions play an essential role in the financial health of our communities, and I’m proud to support policies that enable them to succeed,” said Congressman Dale Strong, Member of the powerful Appropriations and Homeland Security Committees. “It’s an honor to be recognized by Alabama credit unions, and I […] - [Minnesota Credit Union Network Members in Washington, D.C. to Advocate on the Hill](https://thecreditunionconnection.com/minnesota-credit-union-network-members-in-washington-d-c-to-advocate-on-the-hill/): This week, the Minnesota Credit Union Network, joined by members from across Minnesota, headed to Washington D.C. to advocate for credit unions. The over 120 Minnesota credit union professionals and board members were in Washington D.C. for a record-breaking Governmental Affairs Conference along with more than 6,000 credit union leaders from across the country. The credit union industry’s largest advocacy event, GAC, is an opportunity to amplify our collective voice in advocacy and ensure lawmakers fully understand the impact of credit unions on their communities. Members shared stories of the positive community impact of credit unions across the state, in […] - [Royal Credit Union Sea Lion Discovery Show Opens At Minnesota Zoo](https://thecreditunionconnection.com/royal-credit-union-sea-lion-discovery-show-opens-at-minnesota-zoo/): Royal Credit Union (Royal) has partnered with the Minnesota Zoo Foundation to bring the Royal Credit Union Sea Lion Discovery show to life, creating a new highlight of the zoo experience.   Having premiered on Thursday, March 6, the Royal Credit Union Sea Lion Discovery Show takes place twice daily at 11 a.m. and 2 p.m. inside Discovery Bay. The show features one or more of the five California sea lions that call the Minnesota Zoo home: Hudson, Flynn, Clyde, JoJo, and Theo. Guests watch the animals showing off their natural behaviors in and out of the water and having fun […] - [MX Delivers Immediate Results and Deposit Growth for Global Credit Union](https://thecreditunionconnection.com/mx-delivers-immediate-results-and-deposit-growth-for-global-credit-union/): Global Credit Union sees a 40x increase in direct deposits added within the first 72 hours after implementation MX Technologies, Inc. shared early results of its MX Direct Deposit solution implementation with Global Credit Union. Global is one of the largest credit unions in the U.S. serving more than 750,000 members across the country and around the world.  Just 72 hours after implementing the MX Direct Deposit solution, Global (globalcu.org) rapidly outpaced the number of accounts that have added direct deposit when compared against prior years — driving a deposit growth surge of 40x compared to its previous method.  “At Global, we’re continuously […] - [GTE Financial Celebrates 90th Anniversary with Exclusive Offers and Exciting Events for Tampa Bay Lightning Fans](https://thecreditunionconnection.com/gte-financial-celebrates-90th-anniversary-with-exclusive-offers-and-exciting-events-for-tampa-bay-lightning-fans/): In honor of GTE Financial’s 90th anniversary and continued commitment to the community, the credit union is excited to unveil a series of exclusive home loan promotions and special perks for Tampa Bay Lightning fans. From now until May 31, 2025, homebuyers who apply for and close on a new GTE home loan will receive a $500 closing credit, two Tampa Bay Lightning jerseys, and the chance to win a Bolts House Party with ThunderBug this summer featuring food, drinks, and exclusive Lightning swag.  “We are excited to launch these unique home loan promotions as part of our 90th-anniversary celebration,” […] - [CUSG Announces First Place Honors for 2025 MemberXP™ 'Best of the Best' Awards](https://thecreditunionconnection.com/cusg-announces-first-place-honors-for-2025-memberxp-best-of-the-best-awards/): Recognizing outstanding credit unions committed to exceptional member experiences and innovative service solutions. CUSG is proud to unveil the complete list of first-place winners of the 2025 MemberXP ‘Best of the Best’ Awards. Now in its 9th year, these prestigious awards celebrate credit unions that consistently provide exceptional member experiences and demonstrate outstanding member-centric leadership within the financial services industry. The 2025 MemberXP ‘Best of the Best’ Awards are based on insights from more than 2.6 million data points, reflecting the experiences of around 8.6 million credit union members. This comprehensive evaluation process uses two key performance metrics—Net Promoter Score® […] - [Achieva Credit Union Welcomes Eric Jenkins as New President and CEO](https://thecreditunionconnection.com/achieva-credit-union-welcomes-eric-jenkins-as-new-president-and-ceo/): Honors Retiring Leader Gary Regoli Achieva Credit Union is pleased to announce the appointment of Eric Jenkins as the new President and Chief Executive Officer, succeeding leader Gary Regoli, who will retire after 17 years of dedicated service to the credit union. “We are thrilled to welcome Eric Jenkins as our new President and CEO,” said Janet Cantees, Chairperson of the Board at Achieva Credit Union. “With his extensive expertise in the credit union industry—spanning advocacy, operations, lending, marketing, product development, finance, and human resources—we are confident in his ability to guide Achieva into its next chapter. His vision and […] - [Global Women’s Leadership Network (GWLN) Luncheon at GAC 2025 Features Several Inspiring Stories of Growth](https://thecreditunionconnection.com/global-womens-leadership-network-gwln-luncheon-at-gac-2025-features-several-inspiring-stories-of-growth/): Annual event also features announcement of new partnership with eLeadership The Global Women’s Leadership Network on Wednesday welcomed credit union leaders from around the world to its annual luncheon at America’s Credit Unions‘ 2025 Governmental Affairs Conference (GAC) to celebrate leadership, inclusion and global collaboration. Attendees from El Salvador, Ghana, Kenya, Malawi, Uganda and the United States gathered to connect and advance the movement for gender equity in leadership just ahead of International Women’s Day on Saturday, March 8. The event, sponsored by Velera and TruStage featured powerful discussions, including a fireside chat between Elissa McCarter LaBorde, President and CEO of […] - [Credit Unions Storm Washington Amid the $h!tstorm](https://thecreditunionconnection.com/credit-unions-storm-washington-amid-the-htstorm/): The Credit Union Connection was LIVE AT #GAC2025 with coverage from general sessions and breakout sessions. We have interviews with key credit union leaders and their business partners. Moving Forward With ‘Impactful Leadership’: Highlights From GAC Day 1 Credit Unions Caught Up In The Crazy: The NCUA Outlook For 2025 Making Advocacy Stick: Meaningful Advocacy In The 119th Congress NCUA Board Member Otsuka’s Remarks From the 2025 GAC Credit Union Board Meeting Regulation Needs Updating America’s Credit Unions Chief Economist Mike Schenk To Retire Finastra and I2c Inc. Announce Partnership to Offer Debit Cards & Digital Wallet Solutions VIDEO CLIPS & […] - [Making Advocacy Stick: Meaningful Advocacy in the 119th Congress](https://thecreditunionconnection.com/making-advocacy-stick-meaningful-advocacy-in-the-119th-congress/): Lydia Wedlock, editorial assistant, The Credit Union Connection The 119th Congress began just a short time ago, and credit unions have plenty of work ahead of them to advocate the credit union cause, namely, Don’t Tax My Credit Union. America’s Credit Unions Vice President of Legislative Affairs at Brad Thaler and Legislative Advocacy Directors Stephanie Belk and Gordon Holzberg, and Co-Founder & Principal at Federal Hall Policy Advisors, Cliff Roberts told credit unions how they can effectively advocate in the 119th Congress at the GAC 2025 in Washington, D.C. Talking to Both Parties “As you know, Republicans control Congress and the White […] - [WESTconsin Credit Union to Host Spring Food Drive](https://thecreditunionconnection.com/westconsin-credit-union-to-host-spring-food-drive/): WESTconsin Credit Union is calling on the community to support those facing food insecurity by giving to their Spring Food Drive. From Monday, March 10, through Saturday, March 22, all WESTconsin offices will collect non-perishable food items, as well as monetary donations that can be given in-office or over the phone.  All donations will go toward filling the shelves of 14 different community partners across the credit union’s service area. Monetary donations are especially powerful, as local food pantries can stretch every dollar to purchase up to $10 worth of food, making an even greater impact. Last year’s generosity from […] - [Caught up in the Crazy: The NCUA Outlook for 2025](https://thecreditunionconnection.com/caught-up-in-the-crazy-the-ncua-outlook-for-2025/): Lydia Wedlock, editorial assistant, The Credit Union Connection With a new administration in office for about a month now, the NCUA has pivoted to adjust to the new agenda, and further adjustments are likely to come throughout the rest of the year. At GAC 2025 in Washington, D.C., Senior Director of Advocacy & Counsel at America’s Credit Unions Luke Martone and Partner at Atlas Advocacy Elizabeth Eurgubian discussed the future of the NCUA and what possible changes and regulations credit unions could see coming from the independent agency. What’s Happening Now As someone who was formerly with the NCUA, having […] - [Moving Forward with ‘Impactful Leadership’: Highlights from GAC Day 1 General Session](https://thecreditunionconnection.com/moving-forward-with-impactful-leadership-highlights-from-gac-day-1-general-session/): Lydia Wedlock, editorial assistant, The Credit Union Connection The first full day of GAC 2025 in Washington, D.C., was full of excitement for the credit union mission and how it can take its next steps. At the general session, Coastal Credit Union Chief Administrative Officer Mia Perez, National Credit Union Foundation Executive Director Lauren Culp and America’s Credit Unions President/CEO Jim Nussle opened the festivities and shared their thoughts on how the credit union industry has changed and how it can continue moving forward. Together, We Move This year marks the 50th anniversary of the GAC, and this year’s theme, Together, […] - [Finastra and i2c Inc. Announce Strategic Partnership to Offer Debit Card Issuance and Digital Wallet Solutions to North American Financial Institutions](https://thecreditunionconnection.com/finastra-and-i2c-inc-announce-strategic-partnership-to-offer-debit-card-issuance-and-digital-wallet-solutions-to-north-american-financial-institutions/): The collaboration elevates core banking services with real-time, digital-first payment features Finastra, a global provider of financial services software applications, and  i2c Inc., a leading provider of banking and payments solutions, today announced a partnership to bring payment issuance solutions to North American banks and credit unions. Under the partnership, Finastra’s bank and credit union clients will have access to i2c’s robust suite of card processing and value-added services. Clients that move their processing to i2c will be able to offer their customers popular digital wallets such as Apple Pay, Google Pay, and Samsung Pay, as well as improved features […] - [NCUA Board Member Tanya F. Otsuka Remarks at the 2025 Governmental Affairs Conference](https://thecreditunionconnection.com/ncua-board-member-tanya-f-otsuka-remarks-at-the-2025-governmental-affairs-conference/): As Prepared for Delivery on March 4, 2025 Thank you to Jim, Carrie, and everyone at America’s Credit Unions for the invitation. Special thanks to the convention center staff and everyone behind the scenes who helped put this event together and are making sure it runs smoothly. And of course, thank you all in the audience for being here. It is an honor to serve on the Board of the NCUA and to see the great work credit unions are doing for their members every day. The NCUA’s mission of protecting the cooperative credit system is imperative for the millions […] - [McCarter LaBorde Calls on U.S. Credit Unions to Help WOCCU Preserve its Place of Global Leadership](https://thecreditunionconnection.com/mccarter-laborde-calls-on-u-s-credit-unions-to-help-woccu-preserve-its-place-of-global-leadership/): In a year of massive change that has resulted in global uncertainty, World Council of Credit Unions’ President and CEO Elissa McCarter LaBorde on Wednesday urged U.S. credit union professionals to ensure the credit union movement preserve its place of leadership on the world stage during her mainstage address at America’s Credit Unions’ 2025 Governmental Affairs Conference (GAC).“We are part of a massive movement serving over 411 million people through more than 74,000 credit unions in over 100 countries. We are stronger together, because in every community, like you serve your members here in the United States, credit unions are serving members […] - [America's Credit Union Chief Economist Mike Schenk To Retire](https://thecreditunionconnection.com/americas-credit-union-chief-economist-mike-schenk-to-retire/): America’s Credit Unions Chief Economist/Vice President of Research and Policy Analysis Mike Schenk announced he will retire after more than 35 years in the financial services industry, effective April 1. As part of the credit union movement since 1992, Schenk is a renowned expert on the credit union difference and its public policy impacts. “After over three decades dedicating to strength in the credit union movement – our friend and colleague Mike Schenk is retiring, leaving behind an extraordinary legacy of leadership, insight, and advocacy,” said America’s Credit Unions President/CEO Jim Nussle. “Mike’s expertise has shaped industry policy, supported credit union growth, […] - [American Heritage Credit Union Hosts Financial Reality Fairs for MaST Community Charter School Students](https://thecreditunionconnection.com/american-heritage-credit-union-hosts-financial-reality-fairs-for-mast-community-charter-school-students/): Students gain real world experience and budgeting skills American Heritage Credit Union (American Heritage) hosted two financial reality fairs at MaST Community Charter Schools I and II (MaST) to help prepare over 225 students for financial challenges and expectations post-graduation. Students who took part in the reality fair began the event by being assigned a career, respective salary, and student loan debt. These parameters would then dictate their budget and lifestyle choices throughout the event. “The students definitely have fun with this event,” stated Katie MacConnell, M.S. Network Counselor for MaST Schools. “They take it seriously and enjoy the real-world […] - [DCUC Hosts Successful Defense Matters 2025](https://thecreditunionconnection.com/dcuc-hosts-successful-defense-matters-2025/): The Defense Credit Union Council (DCUC) successfully hosted its annual Defense Matters event ahead of the Governmental Affairs Conference (GAC) on  Tuesday, March 4, at the Marriott Marquis in Washington, DC. This unique event brings together industry leaders, defense credit union CEOs and staff, and fellow advocates to discuss key initiatives supporting defense credit unions and military communities.  Anthony Hernandez, DCUC President and CEO, opened the event by highlighting The Watch, a groundbreaking documentary series produced by Educational Media Enterprises (EME) and Jeff  Bolton of NPN Productions. The series sheds light on the global nuclear deterrence mission,  one of the most […] - [America's Credit Unions Announces Inman Servant Leadership Award Winner](https://thecreditunionconnection.com/americas-credit-unions-announces-inman-servant-leadership-award-winner/): America’s Credit Unions President and CEO Jim Nussle along with Councils Executive Committee Chair Buddy Bennett presented Debbie Smith, CEO of Georgia United Credit Union and founder of Georgia United Foundation in Duluth, Ga., with the Councils’ 2025 Greg Inman Servant Leadership Award. Smith received the recognition during the Governmental Affairs Conference in Washington, D.C., Tuesday. “I have witnessed Debbie’s servant leadership firsthand, and she truly exemplifies the credit union movement’s ‘people helping people’ mission,” said America’s Credit Unions President and CEO Jim Nussle. “She is generous, determined, and works hard to uplift everyone around her. Debbie’s efforts have elevated the credit union […] - [Unitus Community Credit Union Earns LEED Certification for Tigard Facility](https://thecreditunionconnection.com/unitus-community-credit-union-earns-leed-certification-for-tigard-facility/): Unitus Business Center-Tigard recognized with Silver Certification for environmental  sustainability stewardship   Unitus Community Credit Union has been awarded Leadership in  Energy & Environmental Design (LEED) Silver Certification for its Unitus Business Center (UBC)- Tigard. Recognized as the most widely used green building rating system, LEED certification  represents a significant achievement in sustainable building design and environmental stewardship.  Earning Silver certification places UBC-Tigard among a select group of high-performing buildings  that meet rigorous standards for sustainability, occupant health, and energy efficiency.   In partnership with design-build firm Momentum, Unitus implemented wellness and sustainability focused design and construction strategies that contributed to its […] - [Workers Credit Union Taps New Chief Information Officer](https://thecreditunionconnection.com/workers-credit-union-taps-new-chief-information-officer/): Workers Credit Union is pleased to announce the appointment of Sandesh Parulekar as the new Chief Information Officer (CIO). Sandesh brings a wealth of experience and a proven track record in digital transformation and technology strategy.  Sandesh joins Workers Credit Union from Digital Federal Credit Union (DCU), where he served in various roles over four and a half years. As VP of Engineering, Sandesh was instrumental in enhancing the digital banking experience for members, building AI/ML capabilities, and streamlining back-office operations through automation and business process management.  In his new role as CIO, Sandesh will be responsible for developing and […] - [Arizona Financial Elevates Member Experience by Launching Buy Now, Pay Later](https://thecreditunionconnection.com/arizona-financial-elevates-member-experience-by-launching-buy-now-pay-later/): Credit union partners with equipifi to provide members with financial flexibility and instant access to extra funds while helping them stay within their budget Arizona Financial Credit Union, a financial institution with $3.3 billion in assets and serving over 170,000 members, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. Arizona Financial has selected equipifi, a leading BNPL platform designed for financial institutions and headquartered in Arizona, to power its solution. With this launch, Arizona Financial will extend personalized, pre-qualified BNPL offers to members in its digital banking experience. Arizona Financial’s BNPL program will serve […] - [America's Credit Unions Announces $2 Million Investment to Modernization Project](https://thecreditunionconnection.com/americas-credit-unions-announces-2-million-investment-to-modernization-project/): At America’s Credit Unions premiere advocacy event, Governmental Affairs Conference, Board Chair Patrick Pierce, President and CEO of City & County Credit Union, announced the organization’s $2 million investment to modernize Credit Union House in the Capitol Hill neighborhood of Washington, D.C. The modernization project is intended to re-establish the well-known entity as a gathering place for the credit union industry, constituents, and Members of Congress and support advocacy efforts. In addition to the investment, America’s Credit Unions now has a voting seat on the Credit Union House Board of Directors. Pierce presented the investment to Credit Union House Board […] - [Credit Union House Launches Major Modernization with Groundbreaking Event](https://thecreditunionconnection.com/credit-union-house-launches-major-modernization-with-groundbreaking-event/): Today, Credit Union House hosted a groundbreaking event, publicly launching a transformative modernization project that will redefine the credit union movement’s presence on Capitol Hill. Attendees were given an exclusive virtual look at the vision for the revitalized space, which will serve as a hub for advocacy, collaboration, and innovation.  Since its establishment in 2001, Credit Union House has been a cornerstone of credit union advocacy, and a home base where industry leaders unite, policies take shape, and the impact of the movement is amplified. Now, more than two decades later, this vital space is undergoing a bold transformation designed […] - [University Credit Union and Abilene Christian University Credit Union Unite to Strengthen Financial Services for the ACU Community](https://thecreditunionconnection.com/university-credit-union-and-abilene-christian-university-credit-union-unite-to-strengthen-financial-services-for-the-acu-community/): Merger Expands Resources, Enhances Member Benefits, and Deepens Commitment to University Communities University Credit Union (UCU) and Abilene Christian University Credit Union (ACU Credit Union) announce their merger, strengthening financial resources and expanding services for members while maintaining a shared commitment to community-focused banking. With UCU’s existing presence in Texas, this partnership builds upon a foundation of trusted financial services, ensuring members continue to receive the personalized support they expect. Both parties approved the merger on December 18, 2024, and officially ratified it on February 1, 2025. Core banking system conversions were completed on March 2, 2025, and a full community roll out will ensure a smooth transition, […] - [Michigan Credit Unions Show Early Support for CU House Modernization Effort](https://thecreditunionconnection.com/michigan-credit-unions-show-early-support-for-cu-house-modernization-effort/): The Credit Union House, a critical DC hub for credit union advocacy, is officially kicking off its modernization fundraising efforts at the 2025 Governmental Affairs Conference (GAC). Ahead of the launch, three Michigan-based credit unions — Lake Michigan Credit Union, Community Financial Credit Union and Christian Financial Credit Union — have stepped up with early contributions, demonstrating their commitment to advancing the CU House’s mission and long-term impact. “At Community Financial Credit Union, we believe in the power of storytelling and advocacy to drive meaningful change for the 140 million Americans who trust credit unions as their financial partners,” said […] - [Soarion Credit Union Among the First Credit Unions to Receive CCIA Awards by Inclusiv](https://thecreditunionconnection.com/soarion-credit-union-among-the-first-credit-unions-to-receive-ccia-awards-by-inclusiv/): Soarion will receive $11M to offer affordable clean energy loans for low-income and disadvantaged communities Soarion Credit Union has been selected to receive $11M as part of Inclusiv’s Greenhouse Gas Reduction Fund (GGRF) Clean Communities Investment Accelerator (CCIA) program. This important stream of funding will help credit unions expand their portfolios to offer affordable clean energy financing that can reduce energy costs for the members they serve. San Antonio-based Soarion Credit Union was selected among 108 credit unions from around the U.S. and Puerto Rico to receive a combined $651 million in the first round of CCIA awards by Inclusiv. […] - [Velera Champions Credit Union Advocacy and Fundraising as Sponsor of Two Marquee Credit Union Running Events](https://thecreditunionconnection.com/velera-champions-credit-union-advocacy-and-fundraising-as-sponsor-of-two-marquee-credit-union-running-events/): CUSO puts the credit union difference into action at Credit Union Cherry Blossom Race and Credit Union SACTOWN Run Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – is coming together with credit unions, industry stakeholders, volunteers and more from across the country as a sponsor of two industry-focused races: the Credit Union Cherry Blossom and Credit Union SACTOWN Run. Each event aims to bring awareness to the “people helping people” credit union philosophy and promote industry activism.The Credit Union Cherry Blossom 10 Mile & 5K is a […] - [Baltimore County Employees Credit Union is Now Peake Federal Credit Union](https://thecreditunionconnection.com/baltimore-county-employees-credit-union-is-now-peake-federal-credit-union/): Baltimore County Employees Federal Credit Union (BCEFCU) is proud to announce it has changed its name to Peake Federal Credit Union. The new name and brand allow the Credit Union to be more welcoming to the communities it has grown to serve.  “With over 60 years of serving Baltimore County employees and their families, our transformation into Peake Federal Credit Union embodies our steadfast commitment to supporting the financial well-being of our members and the communities we serve,” said Mark Caverly, Peake Federal President and CEO. “Our core values and dedication to exceptional service remains the same and we’re looking […] - [America's Credit Unions Announces New Grassroots Taskforce, Award to Bolster Industry Advocacy](https://thecreditunionconnection.com/americas-credit-unions-announces-new-grassroots-taskforce-award-to-bolster-industry-advocacy/) - [From Disengaged to Driven: Strategies to Energize Your Credit Union Team](https://thecreditunionconnection.com/from-disengaged-to-driven-strategies-to-energize-your-credit-union-team/): From Disengaged to Driven: Strategies to Energize Your Credit Union Team Lydia Wedlock, editorial assistant, The Credit Union Connection The main goal of credit unions is to serve their members, and they can’t do that without the help of a strong, enthusiastic team. It takes quite a bit of effort on everyone’s part to keep employees engaged, but there are ways to go about that are constructive and help employees make the most of their careers. The Credit Union Connection hosted a roundtable, From Disengaged to Driven: Strategies to Energize Your Credit Union Team, sharing strategies to increase engagement among credit […] - [Credit Unions Have Plenty to CUSS About: Highlights from the Underground at GAC](https://thecreditunionconnection.com/credit-unions-have-plenty-to-cuss-about-highlights-from-the-underground-at-gac/): Lydia Wedlock, editorial assistant, The Credit Union Connection Credit unions have a lot of challenges to face today, and sometimes, that frustration can just make someone want to CUSS their head off! At the Mitchell Stankovic & Associates Underground Collision leading up to the Governmental Affairs Conference (GAC) 2025 at the Historic Hay-Adams Hotel overlooking the White House, credit union leaders discussed the challenges that credit unions continue to face, what challenges are ahead in 2025, and in the middle of throwing out CUSS words, shared their hopes for the future of the credit union movement. Caring for and Supporting […] - [The League Meets with White House Officials to Advance Credit Union Priorities](https://thecreditunionconnection.com/the-league-meets-with-white-house-officials-to-advance-credit-union-priorities/): Today, The League of Credit Unions & Affiliates, alongside member credit unions, joined the Trump Administration at the White House to discuss one of the President’s top priorities—the permanent extension of the 2017 Tax Cuts and Jobs Act. Amid efforts to see the credit union tax exemption protected, The League proactively advocated for regulatory modernization and preserving the autonomy of the credit union industry. During the meeting, The League emphasized that credit unions, with their not-for-profit structure, reinvest earnings directly into their members and local communities. Despite credit unions’ proven track record of community impact, the banking lobby has continued to press […] - [Credit Union House Hall of Leaders Inducts 20 Credit Union Champions](https://thecreditunionconnection.com/credit-union-house-hall-of-leaders-inducts-20-credit-union-champions/): Twenty credit union champions were inducted into the Credit Union House Hall of Leaders in honor of their significant contributions to the credit union industry. The ceremony took place at the Marriott Marquis on Sunday, March 2. Members of the Hall of Leaders are exceptional individuals that have dedicated their lives to perpetuating the credit union mission and philosophy.   “These leaders exemplify the spirit of the Credit Union Movement, setting the gold standard in member service, strengthening the credit union community and championing advocacy to protect the not-for-profit, cooperative financial services model. We deeply appreciate the lasting impact they have […] - [Hauptman Announces Changes to NCUA’s Overdraft/NSF Fee Collection](https://thecreditunionconnection.com/hauptman-announces-changes-to-ncuas-overdraft-nsf-fee-collection/): To help ensure credit unions can continue to support the needs of Americans struggling with inflation, the National Credit Union Administration will no longer publish overdraft and non-sufficient fund fee income for individual credit unions, Chairman Kyle S. Hauptman announced today. The NCUA will collect the data during supervisory examinations. “There is a well-intentioned movement aimed at protecting consumers from excessive fees, which is something we all support,” Chairman Hauptman said. “However, we must also consider the unintended consequences of such policies. In this instance, the previous data collection policy incentivized credit unions to avoid serving the needs of low-income […] - [Origence’s eContracting Solution to Streamline Indirect Auto Financing for Credit Unions](https://thecreditunionconnection.com/origences-econtracting-solution-to-streamline-indirect-auto-financing-for-credit-unions/): Solution boosts funding speed and efficiency, making car-buying more convenient Origence, the leading lending technology solutions provider for credit unions, announced the expansion of its streamlined indirect auto financing solutions with eContracting for CUDL to help credit unions digitize the contract process for indirect auto financing. EContracting for CUDL is offered via the CUDL platform, where dealers connect with credit unions for auto financing options, and it enhances the current efficiencies found within the SmartFund solution. It also integrates to the credit union’s Loan Origination System, such as arc OS, to streamline the processing experience for indirect auto loans. CUDL credit unions […] - [SRM Announces the Hire of M&A Expert Pete Duffy to Strengthen Advisory Services](https://thecreditunionconnection.com/srm-announces-the-hire-of-ma-expert-pete-duffy-to-strengthen-advisory-services/): SRM (Strategic Resource Management), an independent advisory firm serving clients across North America and Europe, announced that it has hired Pete Duffy to lead its merger advisory engagements with financial institutions. Duffy joins SRM from Piper Sandler, a leading investment bank, where he spent 20 years working with financial institutions on the development and execution of their merger and acquisition strategies. Prior to Piper Sandler, Duffy spent 11 years at the Procter and Gamble Company in sales and sales management. He also spent 12 years of his early career in roles at First Empire Securities KBW in New York. For […] - [Credit Union Leaders Unite to 'Rally the Movement' at WFCU Champions' Voices Event](https://thecreditunionconnection.com/credit-union-leaders-unite-to-rally-the-movement-at-wfcu-champions-voices-event/): Worldwide Foundation for Credit Unions (WFCU) on Sunday night asked credit union leaders, donors and industry partners attending its Champions’ Voices event at Union Station to help World Council of Credit Unions (WOCCU) sustain its international development work that USAID terminated all funding for last week—a result of the agency’s decision to eliminate more than 90% of its total award portfolio.Champions’ Voices, an annual event dedicated to celebrating global impact and rallying support for the future of financial inclusion, marked the official launch of Rally the Movement, a bold initiative that has already raised more than $800,000 toward a goal of $3 […] - [The Bacino Report](https://thecreditunionconnection.com/the-bacino-report/): By Geoff Bacino, CEO, Bacino & Associates NCUA President Trump quickly named Kyle Hauptman to be the 14th Chair in NCUA history. As  Hauptman is the only Republican on the Board this was not unexpected. Much like when  Todd Harper was named Chairman in 2021, Hauptman is in the minority on the Board with  Democrats Harper and Otsuka occupying the other seats. One of Hauptman’s first moves as  Chairman was excellent – he named Sarah Bang as NCUA Chief of Staff. She has an extensive knowledge of the credit union movement and has served in several top positions at CUSOs and […] - [America's Credit Union Announces Patrick Pierce as New Board of Directors Chair](https://thecreditunionconnection.com/americas-credit-union-announces-patrick-pierce-as-new-board-of-directors-chair/): Board members elect new executive committee At America’s Credit Unions premiere event, Governmental Affairs Conference, President/CEO Jim Nussle was proud to announce Patrick Pierce, President/CEO of City & County Credit Union in St. Paul, MN, as the new Board of Directors Chair. Pierce will serve a one-year term. “America’s Credit Unions has gone through an incredible transformation over the last year and our Board of Directors has been steadfast in supporting the mission of one, unified voice for credit unions,” said America’s Credit Unions President/CEO Jim Nussle. “I thank Brian Schools for his service and counsel to successfully unite the board and […] - [Outsmarting Captives:The Power of Relationship Lending in Indirect Auto Financing](https://thecreditunionconnection.com/outsmarting-captivesthe-power-of-relationship-lending-in-indirect-auto-financing/): By Mariam Janan, CEO/Founder, CU Acceptance The automotive financing landscape is increasingly dominated by captives, which leverage generous incentives, rebates, and sub-vented rates to secure both the new and used car markets. These captives, backed by billions of dollars and an undeniable motive to dominate, integrate financing options seamlessly into the car-buying process, making it challenging for smaller, non-captive lenders to compete. So, how can credit unions effectively position themselves in a market where captives appear unbeatable? While captives rely heavily on automation coupled with decisioning tools to process loans faster and at scale, credit unions often find themselves playing […] - [Fort Randall FCU Is Why Credit Unions Deserve Their Tax-exempt Status](https://thecreditunionconnection.com/fort-randall-fcu-is-why-credit-unions-deserve-their-tax-exempt-status/): By Joe Brancucci, CU Results EVP, CU Strategic Planning I’ve been somehow, someway responsible for billions of dollars in lending in the credit union market over more than five decades. While most of my time was spent in larger credit unions, the smaller community and SEG credit unions are near to my heart. As we say at CU Strategic Planning, just about every credit union could qualify as a Community Development Financial Institution (CDFI). The truth is all we have to do is the work we were created to do: have an impact on the financial health of those who […] - [Credit Union Board Meeting Regulation Needs Updating](https://thecreditunionconnection.com/credit-union-board-meeting-regulation-needs-updating/): Does your credit union need greater board oversight than Walmart?  David Savoie, CEO, LaCorp Credit union board meetings are required monthly–perhaps too frequently. CEOs, executives and volunteers alike see them partly as formalities. Another long night in the board room when it really could have been an email sometimes.  However, there may be change on the horizon thanks to legislation. However, if this bill has any chance to become law, it will need help getting through the Senate. Be sure to voice your support of the Credit Union Board Modernization Act (H.R. 975) while you’re hiking the hill at GAC. […] - [How Loyalty Programs Elevate Bank and Credit Union CX Strategies](https://thecreditunionconnection.com/how-loyalty-programs-elevate-bank-and-credit-union-cx-strategies/): By AmpliFI Loyalty Solutions The focus on personalization and consumer experience (CX) continues to dominate conversations among financial leaders. Why? Because personalization isn’t just a buzzword—it’s a strategy that drives consumer loyalty, satisfaction, and growth. Consumers call upon banks and credit unions to anticipate their needs, deliver seamless experiences across channels, and personalize interactions. A study from MX highlights this shift, with 53% of consumers expecting their financial provider to use available data to enhance their experience. Easier said than done, right? Financial institutions face the challenge of scaling personalization while safeguarding privacy, maintaining compliance, and achieving operational efficiency. To […] - [Union Credit to Deliver Credit Union Offers in the Experian App](https://thecreditunionconnection.com/union-credit-to-deliver-credit-union-offers-in-the-experian-app/): For the first time, Experian app users can access pre-approvedi, credit union financing Union Credit, a marketplace that enables credit unions to present firm, one-click credit offers at the point of purchase, announced today that pre-approved offers from its more than 50 credit union partners are now presented in Experian’s mobile app. Union Credit’s marketplace connects credit unions with creditworthy consumers by integrating loans into their everyday retail and financial activities. The Experian app offers many financial resources to free and paid members including access to consumers’ Experian credit report, FICO® Scoreii, credit monitoring, an auto insurance and credit card marketplace, […] - [Innovate Your Business Lending!](https://thecreditunionconnection.com/innovate-your-business-lending/): Credit unions have had to quickly embrace technology to continue meeting business member demands in an ever-changing landscape. AI is becoming more prevalent, multi-factor authentication is needed even more to keep accounts safe, and advanced data analytics help credit unions identify trends. It can be a lot for credit union leaders to take in, but these tech-related trends are not going away and will persist in 2025. Host Sarah Snell Cooke sat down with Alkami Project Management Lead Mandy Lopez to discuss how credit unions can make the most of AI and data to create more personalized experiences for their […] - [Near- and Non-Prime Consumers Planning to Buy Used after 56% Jump in New Vehicle Payments, Open Lending Research Finds](https://thecreditunionconnection.com/near-and-non-prime-consumers-planning-to-buy-used-after-56-jump-in-new-vehicle-payments-open-lending-research-finds/): Annual survey provides insights for automotive lenders on vehicle ownership barriers facing underserved consumers Open Lending has released its 2025 Vehicle Accessibility Report. The report highlights how credit scores impact consumers in their pursuit of an auto loan and vehicle ownership, as well as how unpredictable market shifts are reshaping vehicle purchasing behavior. For automotive lenders, these changes are a call to adopt a customer-centric approach to automotive lending, prioritizing fairness, flexibility and speed in their service to each borrower. “Automotive lenders are facing a delicate balancing act to meet rising consumer demand while addressing affordability challenges”Post thiIn a market defined […] - [NCUA Prohibits One Individual from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-one-individual-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration issued one consent order in February 2025. The individual is named below and permanently prohibited from participating in the affairs of any federally insured depository institution. Consent Order: An Order of Prohibition prohibits a party from ever working for a federally insured depository institution. In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union […] - [Credit Unions Announce New Hires/Promotions; Coastal Credit Union Remembers Longtime Board Member](https://thecreditunionconnection.com/credit-unions-announce-new-hires-promotions-coastal-credit-union-remembers-longtime-board-member/): Citadel Credit Union and Suncoast Credit Union announced changes in leadership to their philanthropy programs, and Coastal Credit Union announced the passing of one of its longtime board members. New Hires Promotions Recognitions In Remembrance - [Alkami to Acquire MANTL to Expand Account Opening Capabilities](https://thecreditunionconnection.com/alkami-to-acquire-mantl-to-expand-account-opening-capabilities/): Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it signed a definitive agreement to acquire Fin Technologies, Inc. (“MANTL”) for an enterprise value of $400 million, on a debt free, cash free basis and subject to customary purchase price adjustments, expected to be $7 million. Alkami plans to fund the acquisition with cash of approximately $380 million and restricted stock units issued to continuing MANTL employees with an estimated value of $13 million at transaction closing in replacement for unvested compensatory stock options.  MANTL is the premier account opening solution that allows financial institutions to […] - [Share Insurance Fund Report Highlights Asset, Income Growth in Q4 2024](https://thecreditunionconnection.com/share-insurance-fund-report-highlights-asset-income-growth-in-q4-2024-2/): The National Credit Union Administration Board held its second open meeting of 2025 and received a briefing(Opens new window) by the Chief Financial Officer on the performance of the National Credit Union Share Insurance Fund for the quarter ending on December 31, 2024. The Share Insurance Fund reported a net income of $78.6 million, $22.3 billion in assets, and $145.9 million in total income for the fourth quarter of 2024. As of the fourth quarter of 2024, the equity ratio was 1.30 percent. “There is a lot of good news here,” NCUA Chairman Kyle S. Hauptman said. “I’m pleased to see the […] - [Finalytics.ai and CUNA Strategic Services Announce New Alliance to Drive  Personalization and Growth for Credit Unions](https://thecreditunionconnection.com/finalytics-ai-and-cuna-strategic-services-announce-new-alliance-to-drive-personalization-and-growth-for-credit-unions/): CUNA Strategic Services is pleased to announce their new alliance with Finalytics.ai. Finalytics.ai is the first community financial institution platform to apply real-time AI, dynamic segmentation, and machine learning to create personalized digital experiences at scale.   “As credit unions advance on their digital journeys, leveraging data to personalize the member experience is becoming paramount,” said Barb  Lowman, President, CUNA Strategic Services. “Our collaboration with  Finalytics.ai provides access to key insights and data that (in conjunction with their marketing tools and expertise) enables credit unions to identify and assist members with their needs, based on their geographical location, behaviors, and their own personal journey. Ultimately, […] - [Credit Union Leaders Gather for Inspiring CEO Panel](https://thecreditunionconnection.com/credit-union-leaders-gather-for-inspiring-ceo-panel/): Event Supports UC Davis Children’s Hospital - [WESTconsin Credit Union to Host 85th Annual Membership Meeting](https://thecreditunionconnection.com/westconsin-credit-union-to-host-85th-annual-membership-meeting/): WESTconsin Credit Union will hold its 85 th Annual Membership Meeting virtually via Microsoft Teams on Tuesday, March 4, 2025 at 6 p.m. During the meeting, Board Chairperson Gerald Wolf will review the Board activities and highlights for 2024, and Chief Executive Officer Jim Wookey will review the year’s financial statement and annual report.No election will be held as Colleen Mensing and Karen Flug were re-elected to serve another three-year term through Election by Acclamation. This Board-approved process allows current Board members who are seeking re-election unopposed to be declared the winner without a formal vote. Additional Board members include […] - [Share Insurance Fund Report Highlights Asset, Income Growth in Q4 2024](https://thecreditunionconnection.com/share-insurance-fund-report-highlights-asset-income-growth-in-q4-2024/): The National Credit Union Administration Board held its second open meeting of 2025 and received a briefing by the Chief Financial Officer on the performance of the National Credit Union Share Insurance Fund for the quarter ending on December 31, 2024. The Share Insurance Fund reported a net income of $78.6 million, $22.3 billion in assets, and $145.9 million in total income for the fourth quarter of 2024. As of the fourth quarter of 2024, the equity ratio was 1.30 percent. “There is a lot of good news here,” NCUA Chairman Kyle S. Hauptman said. “I’m pleased to see the Share […] - [Finastra Phoenix Named Top Core Banking Solution by Leading Analyst Firms](https://thecreditunionconnection.com/finastra-phoenix-named-top-core-banking-solution-by-leading-analyst-firms/): The two rankings from Celent and Gartner demonstrate Finastra’s commitment to delivering customer-centric, innovative solutions powered by open banking Finastra today announced that its core solution for US community banks and credit unions, Finastra Phoenix, has been named a top retail core banking system in the United States by Celent and Gartner, two leading analyst firms. Phoenix was named in Celent’s 2024 report, Retail Banking Core Banking Systems: North American Community Bank Edition, which scores vendor platforms based on its proprietary ABC scoring methodology. The methodology is summarized in three scoring categories: advanced technology, breadth of functionality, and client base and service. Phoenix is recognized […] - [Global Credit Union Opens Juneau Financial Center](https://thecreditunionconnection.com/global-credit-union-opens-juneau-financial-center/): Global Credit Union is excited to announce the opening of the Juneau Financial Center, a 10,400 square-foot, state-of-the-art facility that serves as a one-stop shop for Juneau’s financial needs. This new center, located at 7860 Honsinger Drive, features a Global Credit Union branch and offices for both Global Credit Union Insurance Brokers and Global Credit Union Home Loans. Visitors will also notice an inviting, open-concept layout with a walk-up ATM, a drive-up ATM lane, and two drive-up teller lanes.  “The Juneau Financial Center is a major milestone for the credit union in our state’s capital,” said Geoff Lundfelt, President and […] - [NuMark Credit Union Partners with CityPoint Community Church for Financial Empowerment Workshop](https://thecreditunionconnection.com/numark-credit-union-partners-with-citypoint-community-church-for-financial-empowerment-workshop/): Local Credit Union and Church Host Very First Money Summit Workshop in Chicago’s Bronzeville Neighborhood In a continued effort to provide members of the surrounding communities with the financial tools and knowledge to live their best lives possible, NuMark Credit Union (NuMark) partnered up with CityPoint Community Church (CityPoint), to put on the Money Summit Workshop, hosted at the CityPoint Community Church in Bronzeville, on January 25. Partnering with CityPoint to host the Money Summit Workshop is part of the NuMark’s efforts in providing affordable opportunities to provide adults and children with financial education and advice, in a welcoming and judgement-free […] - [The Home Mortgage Disclosure Act (HMDA)](https://thecreditunionconnection.com/the-home-mortgage-disclosure-act-hmda/): The Home Mortgage Disclosure Act (HMDA) requires credit unions meeting certain criteria to compile and disclose mortgage loan application data. Submission of 2024 HMDA Data. As a reminder, credit unions subject to HMDA data collection requirements in calendar year 2024 must submit their loan/application register data using the HMDA Platform by March 3, 2025. Starting January 1, 2025, HMDA reporters must login with a Login.gov account to access the HMDA Platform. Assistance on setting up a Login.gov account is available from the HMDA Quick-Reference Guide. Questions related to Login.gov may be submitted to Login.gov/Contact. 2025 HMDA Data Collection Requirements. You are subject to HMDA […] - [DCUC Applauds Senate Leadership, Urges Fair Regulatory Approach for FHFA and CFPB Nominees](https://thecreditunionconnection.com/dcuc-applauds-senate-leadership-urges-fair-regulatory-approach-for-fhfa-and-cfpb-nominees/): Today, the Defense Credit Union Council (DCUC) thanked Senate Banking, Housing, and Urban Affairs Committee Chairman Tim Scott (R-SC) and Ranking Member Elizabeth Warren (D-MA) for their leadership in the nomination hearings for the incoming Directors of the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB). Given the significant role these agencies play in financial stability and access to credit, DCUC urged the Committee to ensure that nominees prioritize a balanced regulatory environment that supports military service members, veterans, and their families. In its letter, DCUC shared key questions to be asked of the nominees for […] - [DCUC Urges HFSC Subcommittee and Senate Committee to Support Veterans Member Business Loan Act (VMBLA)](https://thecreditunionconnection.com/dcuc-urges-hfsc-subcommittee-and-senate-committee-to-support-veterans-member-business-loan-act-vmbla/): The Defense Credit Union Council (DCUC) has sent a letter to the House Financial Services Committee’s (HFSC) Subcommittee on Capital Markets ahead of its hearing on capital formation. In the letter, DCUC advocates for the Veterans Member Business Loan Act (VMBLA), recently introduced legislation designed to expand access to capital for veteran entrepreneurs by exempting veteran business loans from the existing member business lending (MBL) cap. The Defense Credit Union Council also has called on the Senate Committee on Small Business & Entrepreneurship to support the Veterans Member Business Loan Act (VMBLA) and implement crucial reforms to the Small Business […] - [Westerra Credit Union Secures Two Industry Accolades](https://thecreditunionconnection.com/westerra-credit-union-secures-two-industry-accolades/): Colorado Credit Union Recognized by Newsweek and BauerFinancial Demonstrating its financial strength and stability, Westerra Credit Union (Westerra) announced it has been named to Newsweek’s list of America’s Best Regional Banks and Credit Unions for the second year in a row. This prestigious accolade accompanies the credit union’s achievement of earning a top (5-star) rating from BauerFinancial.   “It’s an honor to be recognized for our commitment to our members and the larger Denver community,” said Daniel Kutch, CFO at Westerra. “This success is, in many ways, a direct result of our exceptional employees. Their dedication has been the driving force behind our growth, shaping Westerra into […] - [Yes, Virginia, There Really Is Collaboration Among Credit Unions](https://thecreditunionconnection.com/collaboration-among-credit-unions/): In the modern world of financial services, people don’t expect a lot of cooperation – even collaboration among credit unions. And especially in the state where Bank of America is headquartered. Still, there is a beacon of hope and the precise reason no credit union of any size should be taxed. State Employees’ Credit Union (SECU), the world’s second largest credit union and North Carolina’s 4th largest financial institution, has birthed or supported not 1, not 2 but 4 credit unions. Twenty-five years ago, it partnered with Self-Help Credit Union to launch Latino Community Credit Union. That credit union is […] - [Family Trust Federal Credit Union Opens its Doors in Greenville, SC](https://thecreditunionconnection.com/family-trust-federal-credit-union-opens-its-doors-in-greenville-sc/): New Location Marks First Beyond York County in Nearly 70 Years Building on its storied 68-year history in York County, Family Trust Federal Credit Union (Family Trust) has announced its expansion into Greenville, SC, its first location in the county. The credit union’s new branch – located at 1800 Laurens Road – is now open to the public. Demonstrating its commitment to the communities it serves, Family Trust has already begun making a difference in Greenville. During its week-long grand opening, the credit union partnered with Harvest Hope, South Carolina’s largest food bank, to collect donations and support those in need. Family […] - [NCUA Returns Control of Valwood Park Federal Credit Union to Members](https://thecreditunionconnection.com/ncua-returns-control-of-valwood-park-federal-credit-union-to-members/): Valwood Park Federal Credit Union of Carrollton, Texas, is once again under the control and direction of its members, the National Credit Union Administration announced today. “The recovery of Valwood Park reflects the extraordinary efforts of its leadership team, staff, and members,” NCUA Chairman Kyle S. Hauptman said. “Working in collaboration with the NCUA, the new management team saved the credit union from failure by enhancing controls and mitigating risks. Valwood Park is now in a stronger position to provide vital financial services and enhance the financial well-being of residents in Dallas’s Metrocrest communities.” The NCUA placed Valwood Park Federal […] - [WFCU and WOCCU Support Ukrainian Veterans Through Credit Unions](https://thecreditunionconnection.com/wfcu-and-woccu-support-ukrainian-veterans-through-credit-unions/): $180,000 disbursed to help Ukrainian veterans start businesses The Worldwide Foundation for Credit Unions (WFCU) dedicated $180,000 to help Ukrainian veterans and their families access affordable business loans through its Venerate Ukraine’s Veterans’ initiative. An April 2024 visit to Ukraine prompted WFCU President Mike Reuter to launch the Venerate Ukraine’s Veterans’ campaign, because many servicemen and women returning from war are eager to start businesses but face financial barriers. The funds raised provide essential support for their reintegration and promote Ukraine’s economic recovery. In collaboration with World Council of Credit Unions’ (WOCCU) advisory and technical team in Ukraine, WFCU selected four credit unions — Khrystyianska […] - [SchoolsFirst Federal Credit Union Joins National "Don’t Tax My Credit Union" Movement](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-joins-national-dont-tax-my-credit-union-movement/): As federal lawmakers consider tax reforms that could impact credit unions nationwide, SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, is taking a stand to protect its Members. With key tax provisions set to expire in 2025, there is an effort to revoke credit union’s tax-exempt status, a move that could significantly affect millions of Members who rely on these not-for-profit financial institutions for better savings rates, lower loan costs and fewer fees. SchoolsFirst FCU is joining the national “Don’t Tax My Credit Union” campaign, urging Members to act by contacting legislators with […] - [Alkami and Greenlight Partner to Bring Youth Banking to Financial Services](https://thecreditunionconnection.com/alkami-and-greenlight-partner-to-bring-youth-banking-to-financial-services/): Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced today its partnership with Greenlight Financial Technology, Inc. (“Greenlight”), a leading family fintech company that empowers kids and teens with smart money management skills. With money habits forming as early as age seven, Greenlight’s family finance application (app) can give kids and teens hands-on money management interactions with parental supervision, while providing a channel for banks and credit unions to grow deposit accounts. Through this collaboration, Alkami’s clients can now offer their account holders access to Greenlight, a debit card and finance mobile app experience that enables […] - [United Consumers Credit Union Selects Mahalo Banking to Upgrade Member Experienceand Digital Capabilities](https://thecreditunionconnection.com/united-consumers-credit-union-selects-mahalo-banking-to-upgrade-member-experienceand-digital-capabilities/): United Consumers Credit Union (‘United Consumers’), a Missouri-based credit union committed to working hard with the hardworking, has selected Mahalo Banking to reimagine its digital banking platform and enhance the overall member experience. This collaboration aligns with the credit union’s broader initiative to advance its core transaction system and elevate its digital offerings. The credit union selected Mahalo for its user-friendly interface, extensive customization options and tight core integration with United Consumer’s new core provider, Corelation Keystone. A key factor in the decision to partner with Mahalo was its ability to provide members with a unified experience across all digital touchpoints. United […] - [Simplified CECL Tool Updated for March 2025](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-march-2025/): The National Credit Union Administration today released the March 2025 update of its Simplified CECL Tool. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors. Also, the update includes the average three-year net charge-off rates (2022 to 2024) for each of the 13 loan portfolio categories, which in turn allows estimating credit losses for each loan portfolio category. For credit unions currently using the Simplified CECL Tool, the March 2025 release is provided to facilitate calculating the credit loss expense—or provision for credit losses—for the period ending March 31, 2025. The Simplified CECL Tool was developed primarily for small […] - [DCUC Reminds Congressional Leaders of the Economic Benefit of the Credit Union Tax Exemption](https://thecreditunionconnection.com/dcuc-reminds-congressional-leaders-of-the-economic-benefit-of-the-credit-union-tax-exemption/): Early this morning, the Defense Credit Union Council (DCUC) wrote to both the Senate Finance Committee and House Ways and Means Committee leaders, warning that eliminating the historically-recognized credit union tax exemption would significantly harm America’s communities, including service members, veterans, and their families, raising costs, reducing financial services access, and weakening military financial readiness.  DCUC Chief Advocacy Officer Jason Stverak reminded that, unlike banks, credit unions, by both their unique structure and founding missions, reinvest earnings into member benefits such as lower loan rates, higher savings yields, and reduced fees.  Importantly, many credit unions operate on or near military […] - [DCUC Commends Senate Leadership for CRA Resolution to Overturn CFPB Overdraft Rule](https://thecreditunionconnection.com/dcuc-commends-senate-leadership-for-cra-resolution-to-overturn-cfpb-overdraft-rule/): The Defense Credit Union Council (DCUC) expressed its opposition to the Consumer Financial Protection Bureau’s (CFPB) final rule on overdraft fees in a letter to Senate Banking, Housing, and Urban Affairs Committee Chairman Tim Scott (R-SC).  The CFPB’s new rule, issued in December 2024, applies to financial institutions with more than $10 billion in assets and mandates that these institutions either cap most overdraft fees at $5 or treat overdraft programs as credit under the Truth in Lending Act (TILA).  In its letter, DCUC strongly supports Senator Scott’s leadership in introducing a Congressional Review Act (CRA) resolution to overturn the […] - [WESTconsin Credit Union Recognized as Debt Relief Advocate](https://thecreditunionconnection.com/westconsin-credit-union-recognized-as-debt-relief-advocate/): WESTconsin Credit Union is proud to be named a Debit Relief Advocate by GreenPath Financial Wellness through its Partner Excellence Awards, known as the Greenies. This recognition highlights organizations that have referred the most individuals to GreenPath’s Debt Management Program, providing critical financial resources and guidance to those trying to better their financial well-being.  WESTconsin has proudly partnered with GreenPath since 2010, referring many members to its trusted financial counseling program. GreenPath’s services help individuals with budgeting, debt repayment, bankruptcy avoidance, and overall money management. This partnership is one of many ways WESTconsin supports members through financial challenges, staying true […] - [Credit Union 1 Selects nCino to Power True Omnichannel Experience for Members](https://thecreditunionconnection.com/credit-union-1-selects-ncino-to-power-true-omnichannel-experience-for-members/): CU1 to implement nCino across Commercial, Consumer & Indirect Lending to empower teams to serve members more quickly and efficiently nCino, Inc. (NASDAQ: NCNO) today announced that Credit Union 1—a forward-thinking financial institution with a nationwide membership—has selected to implement multiple nCino solutions to create a unified experience across its commercial, consumer and indirect lending businesses. Credit Union 1 has a more than 65-year history of helping individuals, families, and communities achieve financial success, and has grown to include 18 branches nationwide and anytime, anywhere accessibility through the implementation of top digital banking technology. To keep pace with its growth, […] - [GreenPath Financial Wellness Partners with Pocketnest](https://thecreditunionconnection.com/greenpath-financial-wellness-partners-with-pocketnest/): Delivering AI-driven financial guidance to empower communities GreenPath Financial Wellness partners with woman-founded financial wellness platform Pocketnest to make hyper-personalized financial wellness more accessible. “GreenPath and Pocketnest share fundamental values of bringing financial wellness to the masses and supporting people in their financial journey,” said Kristen Holt, president and chief executive officer, GreenPath Financial Wellness. “Partnering with Pocketnest is a natural fit.” Pocketnest is committed to the credit union industry, with demonstrated success in improving member financial wellness and identifying ~$4,270 in credit union revenue per member. The fintech boasts integrations and relationships with some of the largest digital banking providers and has 50 enterprise clients, including […] - [Consumers Credit Union Selects Spiral to Empower Personalized Savings and Community Giving Through Everyday Banking](https://thecreditunionconnection.com/consumers-credit-union-selects-spiral-to-empower-personalized-savings-and-community-giving-through-everyday-banking/): Consumers Credit Union chooses Spiral to empower its members to effortlessly grow their savings and support local nonprofits through everyday purchases. Spiral today announced a partnership with Consumers Credit Union, a leading Michigan-based credit union renowned for its community support and charitable giving. This partnership will enable Consumers Credit Union to amplify member engagement and grow deposits through new personalized digital experiences. Members will be able to turn everyday purchases into savings and community impact and donate through an innovative online Giving Center. By integrating Spiral’s Roundup Center, Consumers’ members will be empowered to round up their everyday purchases to go […] - [Rize Credit Union Team Members Join Operation Gratitude to Support Los Angeles Wildfire First Responders](https://thecreditunionconnection.com/rize-credit-union-team-members-join-operation-gratitude-to-support-los-angeles-wildfire-first-responders/): Rize Credit Union (Rize) team members came together with Operation Gratitude and other supporting organizations to assemble 10,000 care packages for first responders and National Guard members who bravely served on the frontlines of the recent wildfires. The LA-based  nonprofit  will deliver these care packages, filled with handwritten letters, useful items, and heartfelt tokens of appreciation to those who risked their lives to protect Angelenos. “As our communities begin the difficult process of rebuilding, we recognize that the devastation could have been far worse without the incredible efforts of first responders and National Guard members,” said Jennifer Oliver, president and CEO of Rize Credit Union.  “At […] - [DCUC Joins Financial Trades Letter Opposing Credit Card Competition Act, Citing Consumer and Business Risks](https://thecreditunionconnection.com/dcuc-joins-financial-trades-letter-opposing-credit-card-competition-act-citing-consumer-and-business-risks/): Today, the Defense Credit Union Council (DCUC), alongside nine financial trade organizations, has reaffirmed its strong opposition to the Credit Card Competition Act (Durbin-Marshall bill) or any expansion of the Durbin amendment. The coalition, including DCUC, the American Bankers Association, America’s Credit Unions, the Association of Military Banks of America, Bank Policy Institute, Consumer Bankers Association, Independent Community Bankers of America, Electronic Payments Coalition, Mid-Size Bank Coalition of America, and National Bankers Association sent a letter stressing “any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market” poses harm to consumers, small businesses, […] - [Rapid Finance Releases Advanced Network Monitoring Features to Lynx Platform to Help SMB and Commercial Lenders Better Combat Fraud](https://thecreditunionconnection.com/rapid-finance-releases-advanced-network-monitoring-features-to-lynx-platform-to-help-smb-and-commercial-lenders-better-combat-fraud/): Rapid Finance today announced the launch of a new network monitoring feature within its AI-ready data aggregation and assimilation platform, Lynx, designed to enhance fraud detection and ensure the data integrity for its network participants. Lynx’s new network monitoring feature leverages intelligent data linking and AI-driven pattern and anomaly detection to help SMB and commercial lenders swiftly identify fraud risks, related applicant identities, account takeover attempts and other anomalies. This feature is further enhanced by the Lynx Trust Network, a collaborative ecosystem of participating lenders that share anonymized metadata and insights in real-time. This collective intelligence allows financial institutions to detect […] - [Addition Financial Credit Union and Envision Credit Union Submit Merger Application to Regulators](https://thecreditunionconnection.com/addition-financial-credit-union-and-envision-credit-union-submit-merger-application-to-regulators/): Addition Financial Credit Union and Envision Credit Union are pleased to announce they have submitted their merger application to the National Credit Union Administration (NCUA) and Florida’s Office of Financial Regulation (OFR). This marks a significant step forward in the planned merger of these two award-winning institutions, which aims to expand service to members across Central Florida, North Florida, and South Georgia. Under the terms of the agreement, the combined credit union will continue to operate as Addition Financial Credit Union under the leadership of current President and CEO, Kevin Miller. Pending the approval by the NCUA and OFR, and an Envision Credit […] - [DCUC Supports CFPB Reform Ahead of House Financial Services Committee Hearing](https://thecreditunionconnection.com/dcuc-supports-cfpb-reform-ahead-of-house-financial-services-committee-hearing/): Today, the Defense Credit Union Council (DCUC) sent a letter to the House Financial Services Committee (HFSC) Chairman French Hill and Ranking Member Maxine Waters ahead of tomorrow’s hearing on reforming the Consumer Financial Protection Bureau (CFPB). Representing defense and veteran-focused credit unions serving over 40 million members with $500 billion in assets, DCUC highlighted the need for CFPB reforms to ensure effective and accountable consumer protection without imposing undue burdens on credit unions. DCUC’s letter listed concerns over CFPB overreach, one-size-fits-all regulations, and redundant oversight, which hinder financial services for military and veteran communities. DCUC also expressed its support of legislative […] - [Lumin Digital Clients Invest Over $75M in a Vote of Confidence](https://thecreditunionconnection.com/lumin-digital-clients-invest-over-75m-in-a-vote-of-confidence/): Lumin Digital today announced that clients have invested over $75 million into the business, highlighting a dedication to partnership in which clients have the ability to participate in the company’s success. The announcement comes shortly after Lumin Digital’s $170M growth equity round in December 2024, led by Light Street Capital, NewView Capital, and Partners Group. This brings Lumin Digital’s aggregate capital raised to over $245 million, marking a significant milestone as the business continues to demonstrate strong growth and with the balance sheet needed to invest in its long-term product roadmap.  “Lumin Digital was built in close partnership with our clients, who have been central to […] - [First Community Trust Promotes Jenna Walleser to Chief Investment Officer](https://thecreditunionconnection.com/first-community-trust-promotes-jenna-walleser-to-chief-investment-officer/): First Community Trust, N.A. (FCT) announced the promotion of Jenna Walleser to the position of Chief Investment Officer (CIO), effective April 1, 2025.  For the past three years, Walleser has worked alongside the current CIO, John Gonner, to select and manage investments and portfolios that maximize results for clients. As Gonner prepares for retirement after two decades of service, Walleser will step into this role and continue the next chapter of growth and leadership for FCT. “Building and maintaining client trust is paramount in our business. Jenna has consistently demonstrated her commitment to our clients, fostering strong relationships and delivering […] - [TowerCares Foundation Makes $300,000 Commitment to Maryland’s UMBC Cybersecurity Institute](https://thecreditunionconnection.com/towercares-foundation-makes-300000-commitment-to-marylands-umbc-cybersecurity-institute/): New three-year partnership between the TowerCares Foundation, the philanthropic arm of Tower Federal Credit Union, and the UMBC Cybersecurity Institute will help support the Maryland region and educate and train the next generation of cybersecurity leaders and professionals. Cyber threats, ransomware, and data breaches have become daily realities in our increasingly digital world. However, despite the surge in cyberattacks and cybercrime, Maryland faces over 24,000 unfilled cybersecurity positions, while nationwide, that number exceeds 457,000, according to CyberSeek. To address the urgent cyber workforce shortage, the TowerCares Foundation, the philanthropic arm of Tower Federal Credit Union, is committing $300,000 to the […] - [Apiture Releases New Findings for How Community Institutions Can Win Market Share Among Millennial-Run Small Businesses](https://thecreditunionconnection.com/apiture-releases-new-findings-for-how-community-institutions-can-win-market-share-among-millennial-run-small-businesses/): Apiture today released key findings from a Q1 2025 Datos Insights online survey of more than 1,000 U.S.-based small businesses on Winning Market Share Among Millennial-Run Small Businesses. The study finds that more than half (55%) of millennial-run small businesses would prefer to bank with a community financial institution if it offered similar products and capabilities to a large bank. To attract and retain these businesses, financial institutions must adopt strategies that appeal to younger owners. This report examines millennial-run small-business expectations and provides recommendations for community financial institutions to best position themselves to win in this segment. It explores areas […] - [Tim Harvey Joins Indiana Members Credit Union As Commercial Loan Officer](https://thecreditunionconnection.com/tim-harvey-joins-indiana-members-credit-union-as-commercial-loan-officer/): Indiana Members Credit Union (IMCU) is pleased to announce that Tim Harvey has joined the organization as a commercial loan officer and will work at IMCU’s Commercial Services department on the southside of Indianapolis, located at 5105 Madison Avenue, Indianapolis, IN 46227.  In his role as commercial loan officer, Harvey will serve the southside market and focus on managing and growing existing relationships with business clients as well as developing new business relationships. IMCU specializes in small to medium sized business in Central Indiana and surrounding counties to be their primary business banking financial institution. Offering operating lines of credit, […] - [Consumer Lending Trends and Opportunities for Credit Unions in 2025](https://thecreditunionconnection.com/consumer-lending-trends-and-opportunities-for-credit-unions-in-2025/): The current political situation has left the future of lending up in the air. At the moment, the Fed is keeping interest rates steady, but it remains to be seen what effect the Trump administration’s tariffs will have on the economy. At the same time, there are opportunities for credit unions to grow their portfolios. More credit unions are trending toward increased diversification, and there’s room for growth in direct originations and participations. Happy Money CEO Matt Potere talked with our Host/Cofounder Sarah Snell Cooke about current consumer and business lending trends and the opportunities for credit unions to grow and […] - [Merrimack Valley Credit Union and Bridgewater Credit Union Finalize Rebrand to BrightBridge Credit Union](https://thecreditunionconnection.com/merrimack-valley-credit-union-and-bridgewater-credit-union-finalize-rebrand-to-brightbridge-credit-union/): Merrimack Valley Credit Union (MVCU) and Bridgewater Credit Union, a division of MVCU, are proud to announce that as of March 24, 2025, the organization has officially rebranded to BrightBridge Credit Union. This new name unifies a branch network that spans from southern New Hampshire through the South Shore of Massachusetts and reflects the credit union’s commitment to empowering members with financial opportunities and building stronger connections with the communities it serves.  “The name BrightBridge Credit Union embodies our dedication to supporting our members through life’s biggest milestones and challenges,” said President & CEO John J. Howard. “We will focus […] - [Habitat for Humanity Seminole-Apopka Becomes Official HUD Counseling Provider](https://thecreditunionconnection.com/habitat-for-humanity-seminole-apopka-becomes-official-hud-counseling-provider/): Expands Free, Private, HUD-Certified, Financial Counseling to the Central Florida Community Habitat for Humanity Seminole-Apopka is proud to announce its recent certification by the U.S. Department of Housing and Urban Development (HUD). The accreditation underscores the nonprofit’s commitment to providing high-quality financial counseling services and marks a significant milestone in its mission to foster financial wellness and stability within the community. “We know from experience, that when families are equipped with essential financial literacy skills, their entire lives are transformed and the American Dream of homeownership becomes more attainable,” said Kelly Pisciotta Chief Operating Officer of Habitat for Humanity Seminole-Apopka. “We are honored […] - [American Heritage Successfully Completes 3rd Annual Mentorship Program](https://thecreditunionconnection.com/american-heritage-completes-3rd-annual-mentorship-program/): Annual Mentorship Program Provides an Opportunity for Development and Networking for Associates of All Levels American Heritage Credit Union (“American Heritage”) recently completed its 3rd annual Mentorship Program. This initiative provides associates of all levels an opportunity to network, develop additional skills, and benefit from the experience and interaction of another associate. The Mentorship Program takes place over the course of a year and pairs a senior leader from American Heritage with a protégé. The duo meets throughout the year, allowing the newer associate to benefit both professionally and personally from their partner’s experience and background within American Heritage. Career […] - [Coastal Credit Union Promotes Michelle Shelton to Chief Operations Officer](https://thecreditunionconnection.com/coastal-credit-union-promotes-michelle-shelton-to-chief-operations-officer/): Coastal Credit Union has named Michelle Shelton as Chief Operations Officer. In her new role, Shelton will oversee Coastal’s retail branch network, member contact centers, and wealth management division. She will develop and implement strategic plans to deepen member relationships, increase product adoption, and steward member financial well-being. Her teams will collaborate across business units to drive sales, ensure frictionless operations, and build a consultative service mindset across the organization.  Shelton has led the Coastal’s Marketing team since December 2023 and has had a tremendous positive impact on the entire credit union. She has demonstrated an excellent ability to collaborate across departments, restructure marketing, […] - [Arlington Community FCU Selects Suri Thummala as CFO](https://thecreditunionconnection.com/arlington-community-fcu-selects-suri-thummala-as-cfo/): Arlington Community Federal Credit Union has selected Suri Thummala to serve as its new Chief Financial Officer (CFO). “After an extensive and diligent search, we are absolutely delighted to welcome Suri to our team,” says Karen Rosales, CEO for Arlington Community. “We are confident that his skills and experience within the banking and fintech sectors will be instrumental in driving our strategic vision forward, ensuring that we live up to our purpose of providing remarkable service to our members and creating positive change within our community.”  Thummala brings over two decades of leadership experience in the financial services industry to […] - [Greylock Federal Offers Assistance to Homebuyers Through FHLBank Boston Programs](https://thecreditunionconnection.com/greylock-federal-offers-assistance-to-homebuyers-through-fhlbank-boston-programs/): Greylock Federal Credit Union has been approved to participate in Federal Home Loan Bank of Boston’s homeownership assistance programs, Equity Builder Program and Housing Our Workforce. Both programs help income-eligible homebuyers who are purchasing one- to four-family homes that will serve as their primary residence. Equity Builder Program (EBP) provides grants to financial institutions to help local first-time homebuyers with down payments and closing costs as well as homebuyer counseling and rehabilitation assistance. Borrowers earning up to 80% of the area median income are eligible to receive up to $25,000 in assistance on a first-come, first-served basis. Buyers must complete homebuyer education/counseling. Housing […] - [Lafayette Federal Credit Union Data Breach Alert](https://thecreditunionconnection.com/lafayette-federal-credit-union-data-breach-alert/): Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of people who have been impacted by the Lafayette Federal Credit Union (“LFCU”) data breach. LFCU maintains its headquarters in Rockville, Maryland. Breach Details: LFCU announced that personal information, including names and Social Security numbers, of its clients may have been stolen. Potential Risk: Affected individuals are being notified that their information might be offered for sale on the dark web. Legal Action: The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of those impacted. They are encouraging individuals who received breach notices or experienced […] - [Macerich and PenFed Credit Union Secure Exclusive Sponsorship Agreement for Tysons Corner Center Plaza](https://thecreditunionconnection.com/macerich-and-penfed-credit-union-secure-exclusive-sponsorship-agreement/): Agreement Underscores PenFed Credit Union’s Long-Standing Commitment to the Local Community and its Members Macerich (NYSE: MAC) has finalized terms with PenFed Credit Union, America’s second-largest federal credit union, on a new multi-year sponsorship and member engagement agreement. This exclusive deal enhances the branding power and reach of Tysons Corner Center’s experiential marketing programs and media network, engaging millions of shoppers and PenFed members annually. As a result, the outdoor event and community gathering space formerly known as “The Plaza” will now be called “PenFed Plaza at Tysons Corner Center.” “PenFed is thrilled to continue increasing our presence and outreach here in […] - [THINK BOLD Festival & Conference Presented by VyStar Credit Union Returns with Inaugural Honors Ceremony](https://thecreditunionconnection.com/think-bold-festival-conference-presented-by-vystar-credit-union-returns/): The THINK BOLD Festival & Conference presented by VyStar Credit Union is back – this time with an exciting new addition. The inaugural THINK BOLD Honors Ceremony will kick off the celebration and recognize eleven visionary leaders and organizations making a lasting impact in innovation, entrepreneurship, and workforce development. The THINK BOLD Festival and Conference will be held on Friday, April 11, and Saturday, April 12, at the Hyatt Regency Jacksonville Riverfront. THINK BOLD is a hub for big ideas, bold leadership and transformative action. As a trusted leader in community investment and financial empowerment, VyStar’s partnership has been instrumental in shaping […] - [Meriwest Credit Union Named Best in Silicon Valley 2025](https://thecreditunionconnection.com/meriwest-credit-union-named-best-in-silicon-valley-2025/): Meriwest Credit Union proudly announces its recognition as “Best in Silicon Valley 2025” by the Mercury News Readers’ Choice Awards. This accolade highlights Meriwest’s continuing commitment to making a meaningful impact in the lives of its members and the greater community. Meriwest continues to build on its reputation as a trusted financial partner in Silicon Valley by taking bold steps to support the community. Among these, Meriwest team members hosted financial literacy workshops that provided essential knowledge for financial success to over 8,600 residents. Meriwest also actively engaged in nearly 550 events to promote financial education and support while aiding […] - [Mountain America Donates $14,500 to St. Luke's Children’s with Boise State Athletics](https://thecreditunionconnection.com/mountain-america-donates-14500-to-st-lukes-childrens/): Ongoing partnership between Mountain America and Boise State University supports local children’s hospital with substantial donations Mountain America Credit Union has donated $14,500 to St. Luke’s Children’s Hospital, as part of its on-going cause marketing program with Boise State University (BSU). This contribution, announced during BSU’s final home game of the 2024-2025 season on March 7, 2025, marks another milestone in the credit union’s commitment to supporting local communities. Since 2017, Mountain America has committed to donating $50 for every three-point shot made by the team in the regular season. This donation brings total contributions to over $139,000. “At Mountain America, community […] - [Home Base Awarded PenFed Foundation Grant to Support Native Veterans and Service Members and Their Families](https://thecreditunionconnection.com/home-base-awarded-penfed-foundation-grant/): Grant provides Native Veterans access to the Mobilized Native Intensive Clinical Program The PenFed Foundation today announced it awarded a grant to Home Base, a national non-profit dedicated to healing the invisible wounds of war through direct clinical care, wellness, education and research. The grant supports the Mobile Native Intensive Clinical Program, which provides Native Veterans and Service Members and their Families gold standard mental health care programming, individual therapy, group therapy, mindful movement, physical-wellness training and nutrition to tribal communities in the Southwest United States. “The PenFed Foundation is proud to support Home Base as the organization is addressing the unique needs of […] - [FI SAFE Helping Those Escaping From Domestic Violence](https://thecreditunionconnection.com/fi-safe-helping-those-escaping-from-domestic-violence/): In America, 1 in 4 women (24.3%) and 1 in 7 men (13.8%) aged 18 and older have been the victim of severe physical violence by an intimate partner in their lifetime, according to the National Domestic Violence Hotline. Shocking statistics for sure, but nothing compared to the physical, financial and psychological harm done to each one of those individuals. Thankfully, a group of credit union leaders are taking matters into their own hands. FI SAFE is developing a technology stack that will help credit unions help members in domestic abuse situations that won’t put them in any more danger. For […] - [BHFCU Recognized as Leading Workplace with Two Awards](https://thecreditunionconnection.com/bhfcu-recognized-as-leading-workplace-with-two-awards/): Black Hills Federal Credit Union (BHFCU) recently received two national Top Workplaces 2025 honors. BHFCU was recognized with 2025 Great Plains Top Workplaces and USA Today Top Workplaces awards.  BHFCU asks staff to provide feedback through the Energage Workplace Survey each year. Top Workplaces uses this data to rank organizations nationwide and recognize them for areas in which they excel.  “At BHFCU, we take the feedback seriously. It’s great to see that the changes we make as a result of employee feedback are impactful,” shared August Hicks, Human Resources Manager. “These awards are a direct reflection of the amazing people […] - [Several Credit Unions Announce Promotions; Nacha Announces 2025 15 Under 40 Awardees](https://thecreditunionconnection.com/several-credit-unions-announce-promotions-nacha-announces-2025-15-under-40-awardees/): Several credit unions, including SELCO Community Credit Union and Redwood Credit Union announced promotions, and Nacha announced the recipients of this year’s 15 Under 40 Awards. New Hires: Recognitions: Promotions: SELCO Community Credit Union has promoted Josh Lusby and Caleb Pickering to new roles within SELCO Investment & Retirement Services, available through CUSO Financial Services, LP (CFS)*. Lusby is now a CFS Wealth Advisor, while Pickering was moved up to CFS Financial Advisor. Lusby will operate out of SELCO’s Gateway Branch in Springfield, while Pickering is stationed at SELCO’s Santa Clara Branch in Eugene. Esteban Zuno has been promoted to […] - [DCUC and Earnest Consulting Group Announce Strategic Partnership to Strengthen Support for Military and Veteran Communities](https://thecreditunionconnection.com/dcuc-and-earnest-consulting-group-announce-strategic-partnership-to-strengthen-support-for-military-and-veteran-communities/): The Defense Credit Union Council (DCUC) and Earnest Consulting Group (ECG) are pleased to announce a new strategic partnership focused on building even more capacity in serving the interests of credit unions serving military and veteran communities. This collaboration represents another significant milestone in DCUC’s mission to provide unparalleled support to defense credit unions and the communities they serve.  “Mike Pappalardo, President/CEO, flew to Washington, DC last week and we immediately formed a connection. I also met with the entire leadership team at ECG and saw their commitment to supporting military and veteran communities,” says Anthony Hernandez, DCUC President/CEO. “I […] - [Truliant Foundation Awards $45,000 in Education Grants to Schools](https://thecreditunionconnection.com/truliant-foundation-awards-45000-in-education-grants-to-schools/): The Truliant Foundation announced today the recipients of its annual Education Grants for public schools serving Truliant member communities in North Carolina, South Carolina and Virginia.  Twelve schools in Truliant communities are receiving grants for programs that support transformational education and student success in the classroom. The Truliant Foundation is distributing $45,000 to this year’s winners.  Now in its ninth year, the Education Grants program has provided more than $380,000 to school programs. It is intended to support educational programs for students in grades 6-12 by supplying up to $5,000 to public school teachers with unique ideas promoting student success […] - [Desert Financial Foundation Golf Tournament Raises $680,000 For Phoenix Children's](https://thecreditunionconnection.com/desert-financial-foundation-golf-tournament-raises-680000-for-phoenix-childrens/): 190 golfers participated in the Desert Financial Foundation Annual Charity Golf Tournament on Monday, March 17, raising $680,000 for Phoenix Children’s 1 Darn Cool School.  The 2025 tournament featured 38 teams, each paired with a professional golfer, playing a 5-person pro-am scramble at Talking Stick Golf Club – O’Odham Course in Scottsdale. Since its inception in 1999, the tournament has raised nearly $8 million to support educational programs for hospitalized children. “We’re grateful for all of the teams and professional players who participated in this year’s tournament to help raise funds for Phoenix Children’s 1 Darn Cool School,” said Ron […] - [GTE Financial Leads the Way in Fraud Prevention, Offering Cutting-Edge Tools and 24/7 Support to Protect Members](https://thecreditunionconnection.com/gte-financial-leads-the-way-in-fraud-prevention/): In honor of Fraud Prevention Month, GTE Financial is focused on providing education and banking security solutions that empower and protect members from growing financial fraud and threats.  According to Priscilla Abreu, Vice President of Deposit and Digital Operations, there’s been a substantial lift in debit card fraud at major retailers impacting financial institutions across the country. “At GTE Financial, we’re not just responding to fraud; we’re proactively ensuring members are equipped with the latest technology and support to prevent it,” said Abreu.  GTE Financial’s Go Premium checking account offers identity theft monitoring for the whole family as well as […] - [Rogue Credit Union and Members 1st Credit Union Announce Merger To Serve Northern California](https://thecreditunionconnection.com/rogue-credit-union-and-members-1st-credit-union-announce-merger/): Rogue Credit Union and Members 1st Credit Union are excited to announce their intent to merge, combining the strength of the two respected credit unions to maximize member value and deepen community impact. Pending approval from the National Credit Union Administration (NCUA), state regulators in California and Oregon, and the Members 1st membership, the combined $4 billion credit union will serve 236,000 members with a network of 28 full-service branches. The merger, which is expected to be completed in 2026, has been unanimously approved by the Boards of Directors of both credit unions. “We are beyond excited to be able to […] - [Chartway Receives National USA Today Top Workplaces Award 5 Years Running](https://thecreditunionconnection.com/chartway-receives-national-usa-today-top-workplaces-award/): Chartway Credit Union has announced it has earned the 2025 Top Workplaces USA award. Issued by Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces, the award appears in USA Today. The Top Workplaces program has a 15-year history of surveying more than 20 million employees and recognizing the top organizations across 60 markets for regional Top Workplaces awards. It is the fifth consecutive year Chartway has been recognized for this award.  “At Chartway, our team empowers everything we do, and this top workplace recognition is a testament to the culture we’ve built together,” said Rebecca […] - [Origence Lending Services Serves 360,000 Members and Grows to 167 Credit Unions in 2024](https://thecreditunionconnection.com/origence-lending-services-serves-360000-members/): Division reaches document stacking milestone with AI-Powered technology solution. Origence Lending Services, a division of Origence, served 360,000 credit union members and grew to 167 credit unions funding $5 billion in 2024.  The division also marked a significant milestone in document management, stacking, and processing more than 30 million documents since its launch of an advanced AI-powered solution in 2023. These numbers highlight another successful year of continued growth, providing scalable outsourced solutions designed to improve efficiencies and streamline operations for credit unions. Origence Lending Services operates 24 hours a day, 7 days a week, and 362 days a year, […] - [Indiana Members Credit Union Contributes $1,500 To Greenwood Community High School](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-1500-to-greenwood-community-high-school/): Indiana Members Credit Union (IMCU) recently presented a check for $1,500 to Greenwood Community High School (Greenwood, IN) as part of an ongoing school spirit debit card program. The partnership allows Greenwood fans the opportunity to show their school spirit and support the athletic program by signing up for a Greenwood Woodmen themed debit card. Every time the card is used as a signature based transaction, Greenwood athletics benefits. The more cards that are in use, the larger the contribution. Since beginning the program in 2018, Greenwood Community High School has earned $9,000 through this IMCU giveback program. In 2024, […] - [PortX Now Available Through AWS Marketplace for Bank and Credit Union Integration](https://thecreditunionconnection.com/portx-now-available-through-aws-marketplace/): Marketplace availability enables financial institutions to streamline API development, accelerate their open banking initiatives, and simplify access to innovative integration solutions. PortX today announced that Integration Manager is now available on AWS Marketplace. This strategic move simplifies access to PortX’s powerful integration platform, empowering banks and credit unions to streamline their API development, accelerate digital transformation, and reduce the complexity of integration projects. AWS Marketplace provides customers with a curated digital catalog of software solutions that can be easily found, tested, purchased, and deployed on the cloud. By offering Integration Manager on AWS Marketplace, PortX expands its reach to financial institutions leveraging AWS […] - [Arsenal Credit Union, St. Luke’s and Arnold Recreation Center Partner to Bring Community Free Biometric Screenings](https://thecreditunionconnection.com/arsenal-credit-union-community-free-biometric-screenings/): In both February and March, local community members took advantage of free biometric screens performed by St. Luke’s Hospital at the Arnold Recreation Center hosted by Arsenal Credit Union and the City of Arnold. The events aimed to educate the community on health topics, provide screening and early detection and engage our community members to live a healthier lifestyle. This community-focused event aimed to provide an easy way to monitor health indicators such as blood pressure, cholesterol and blood glucose levels. St. Luke’s clinical team reviewed results and provided personal insights and resources to attendees. “St. Luke’s is dedicated to improving the […] - [Legacy Credit Union to Acquire First Community Bank](https://thecreditunionconnection.com/legacy-credit-union-to-acquire-first-community-bank/): Legacy Credit Union expands to serve beyond the Greater Birmingham Area and into Cullman, Alabama. Legacy Community Federal Credit Union and First Community Bank of Cullman announced today that they have executed a Definitive Agreement for the Purchase and Assumption of the assets and liabilities of First Community by Legacy. The transaction has already received unanimous approval from the Board of Directors of each institution. The two organizations both have a long history of community-focused service, so the opportunity to combine resources made this transaction a natural progression. “Legacy has been committed to crafting financial solutions for the communities we serve for over […] - [Patelco Credit Union Names Chief Risk Officer](https://thecreditunionconnection.com/patelco-credit-union-names-chief-risk-officer/): Patelco Credit Union has named Mani Massoomi to be its Chief Risk Officer (CRO), a role that will help strengthen Patelco’s risk management capabilities and safeguard its members. As CRO, Mani brings a wealth of experience and expertise in creating, leading, and strategically positioning Enterprise Risk Management, Operational Risk, Information Security, IT Risk Management, and Data Analytics functions, and will bring a deep understanding of the complexities that shape our industry. Mani has most recently been the Chief Risk and Compliance Officer at the Federal Home Loan Bank of San Francisco, and prior to that, he was the Head of […] - [TopLine Financial Credit Union Members and Employees Donate Bedding Items](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-donate-bedding-items/): TopLine Financial Credit Union’s Bedding Drive Benefits Non-Profits to Support Local Communities TopLine Financial Credit Union held its fifth annual Bedding Drive during the month of February benefitting three local non-profits, Karen Organization of Minnesota, More Community Services and YMCA of the North Youth and Family Services. TopLine members and employees generously donated bedding items of pillows, sheet sets, comforters and blankets to help bring comfort to those in need in our local communities. Employees were able to participate by donating bedding items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to work. TopLine […] - [Alloya’s Members Support “Don’t Tax my Credit Union”](https://thecreditunionconnection.com/alloyas-members-support-dont-tax-my-credit-union/): Alloya’s Board of Directors is proud to announce a $250,000 donation to America’s Credit Unions National Advocacy Fund on behalf of our 1,300+ credit union members. “Alloya is inspired everyday by the great work of its credit union members. Credit unions’ business model is based on “people helping people” and has worked since 1934 to help Americans of all economic statuses to realize higher deposit rates, lower loan rates and lower fees. Credit unions are built around serving a community of people and have fulfilled this purpose at a very high level for a long period of time. People helping […] - [CUNA Strategic Services’ Newest Alliance Provider Peacefully Simplifies Complex End-of-Life Planning and Estate Settlement](https://thecreditunionconnection.com/cuna-strategic-services-newest-alliance-provider-peacefully-simplifies-complex-end-of-life-planning-and-estate-settlement/): CUNA Strategic Services is pleased to announce their new alliance with Peacefully, an all-in-one platform that helps members with estate planning and expertly settling affairs after the loss of a loved one. Peacefully was founded on the understanding that after a loved one passes, families face an overwhelming administrative burden that makes an already difficult time even harder. Peacefully’s goal is to empower individuals to prepare for the future and ensure their families receive expert guidance when they need it most. “Working through the planning phase with my aging parents has opened my eyes to how greatly this solution is needed,” said […] - [Finastra Unveils Enhanced Lending Cloud Service Supported by IBM](https://thecreditunionconnection.com/finastra-unveils-enhanced-lending-cloud-service-supported-by-ibm/): IBM Consulting will deliver comprehensive, cost-effective managed services supported by IBM’s watsonx to Finastra clients in North America and Europe Finastra today unveiled their collaboration on an enhanced cloud-based lending managed services offering. Finastra’s Lending Cloud Service (LCS) offers comprehensive and cost-effective services for its Corporate Lending solutions — Loan IQ, Trade Innovation and Corporate Channels – and is supported by IBM for Finastra clients in North America and Europe.  Steve Moe, Head of Technology for Lending at Finastra said, “We are excited to make this announcement as it demonstrates momentum in continuing to provide seamless digital lending solutions to […] - [S&P Global Market Intelligence Announces Rankings of Best-Performing U.S. Credit Unions, Community and Public Banks and Community Banks by Region for 2024](https://thecreditunionconnection.com/sp-global-market-intelligence-announces-rankings-of-best-performing-u-s-credit-unions-community-and-public-banks-and-community-banks-by-region-for-2024/): S&P Global Market Intelligence today released its annual rankings for 2024’s best-performing community banks with assets between $3 billion and $10 billion, community banks with assets below $3 billion, credit unions, U.S. public banks with more than $10 billion in total assets and community banks by region for the Northeast, South Central, Southeast, West and Midwest. S&P Global Market Intelligence ranks institutions based on returns, growth and funding but places a premium on the strength and risk profile of balance sheets. The rankings were launched in 2011 to assess the performance of banks and credit unions. “As banks and credit unions digest an uncertain and changing […] - [Capital Credit Union Modernizes Operations and Positions for Growth with Jack Henry](https://thecreditunionconnection.com/capital-credit-union-modernizes-operations-and-positions-for-growth-with-jack-henry/): Credit union selects Jack Henry for long-term stability and support Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.  The credit union dates back to 1936, founded by state employees meeting in the North Dakota Capitol building with a mission to support financial well-being and provide reliable credit. Over the years, the credit union flourished, through organic growth and mergers to expand its reach and impact. Today, Capital Credit Union has over $800 million in assets, and it remains dedicated to supporting the financial success of its […] - [NCUA Releases Q4 2024 State-level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q4-2024-state-level-credit-union-data-report/): According to the latest Quarterly U.S. Map Review released today by the National Credit Union Administration, federally insured credit unions experienced growth in shares and deposits at the median over the year ending in the fourth quarter of 2024, while loans outstanding were unchanged. The median delinquency rate rose. Nationally, assets in federally insured credit unions increased by 0.9 percent at the median, and shares and deposits increased by 0.8 percent over the year ending in the fourth quarter of 2024. The median total delinquency rate at the end of 2024 was 69 basis points, compared with 61 basis points at the […] - [Alkami Customers Including Gate City Bank Strengthen Fraud Prevention with BioCatch](https://thecreditunionconnection.com/alkami-customers-including-gate-city-bank-strengthen-fraud-prevention-with-biocatch/): The Alkami-BioCatch  partnership has prevented millions of dollars in fraudulent transactions in 2024 Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced today that its clients leveraging BioCatch’s fraud prevention solutions through the Alkami Digital Banking Platform stopped more than $54 million in fraudulent transactions in 2024. “Alkami takes a strategic, multi-layered approach to fraud prevention, and BioCatch is a valuable component in helping financial institutions detect and stop emerging threats,” said Brad Cranford, director of product management at Alkami. “By operating seamlessly in the background, BioCatch’s Account Takeover Protection strengthens security without adding friction or disrupting the user experience.” Fraud remains one of the […] - [Tina Muth Takes on New Role as Executive Officer at Aggieland Credit Union](https://thecreditunionconnection.com/tina-muth-takes-on-new-role-as-executive-officer-at-aggieland-credit-union/): Longstanding employee Tina Muth has been named Aggieland Executive Officer, overseeing growth strategy and university relations for Aggieland Credit Union, a subsidiary of Greater Texas Credit Union. With four branches in the Bryan-College Station area, Aggieland Credit Union is the official credit union of Texas A&M University, one of the largest universities in Texas. Muth, who was born and raised in Bryan-College Station, has served in multiple leadership roles over the more than 30 years she has been with the credit union. As an Aggie mom of two, Muth has strong ties to Texas A&M University both personally and professionally. Muth […] - [Backbone: The Work of Sharing Credit Union Stories](https://thecreditunionconnection.com/backbone-the-work-of-sharing-credit-union-stories/): Credit unions have supported members through a variety of challenges, whether it be financial hardships or domestic violence. It’s those credit union stories of helping members that make them what they are. It’s mission-critical those stories get shared. Enter Backbone, a project started by a handful of collaborative credit unions, including Community Financial Credit Union. The nationwide public relations campaign to raise all credit unions’ brand awareness. At GAC 2025, host Sarah Snell Cooke sat down with Community Financial Credit Union President/CEO Tansley Stearns to discuss the Backbone program and how the art of storytelling can help propel the credit […] - [DCUC Welcomes Nutmeg State Financial Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-nutmeg-state-financial-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Nutmeg State Financial Credit Union as its newest affiliate member. Nutmeg State Financial Credit Union (NSFCU) is a member-owned, not-for-profit financial cooperative headquartered in Rocky Hill, Connecticut. Embracing its roots as a steward of the financial cooperative movement, Nutmeg State Financial Credit Union is a values-driven collective committed to intentional actions and investments to “be the change” in their community. “Our goal is to help everyone thrive by building strong social and economic connections and ensuring fair and inclusive access to resources,” says John Holt, President/CEO of Nutmeg State Financial Credit Union. “We’re committed […] - [Happy Money Named Best Consumer Lending Company by FinTech Breakthrough](https://thecreditunionconnection.com/happy-money-named-best-consumer-lending-company-by-fintech-breakthrough/): Recognized for helping over 300,000 Americans improve financial well-being through responsible lending in partnership with community financial institutions Happy Money has been named Best Consumer Lending Company in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global fintech market today. Happy Money earned this recognition through its unique combination of sophisticated lending technology, responsible underwriting practices and value-driven approach. The company’s fully digital lending platform helps both consumers and financial institutions – including banks, credit unions and asset managers – achieve their goals in an increasingly […] - [Navy Federal Joins Curql Fund II](https://thecreditunionconnection.com/navy-federal-joins-curql-fund-ii/): Curql, a collective of over 130 credit unions jointly investing in fintech, proudly announces that Navy Federal Credit Union has joined Curql Fund II, reinforcing a shared commitment to industry-wide innovation. Navy Federal’s investment represents a significant commitment to strengthening not only its own member experience but the broader credit union ecosystem. By aligning with over 130 credit unions already participating in the Curql, Navy Federal is actively supporting industry-wide innovation, ensuring that credit unions of all sizes have access to cutting-edge technology that enhances member service, security, and operational efficiency. “Our industry is at a critical inflection point where credit unions – large […] - [$85M Connects Federal Credit Union Innovates with Crypto, employee development and more!](https://thecreditunionconnection.com/85m-connects-federal-credit-union-innovates-with-crypto-employee-development-and-more/): Credit unions have quickly innovated to remain relevant with the modern American consumer. One credit union making a lot of moves in order to change and grow is the $85 million Connects Federal Credit Union and its CEO’s can-do attitude. .At GAC 2025, host Sarah Snell Cooke talked with Connects Federal Credit Union CEO James McBride to discuss his new CEO role and the changes he’s making to help the credit union and its employees thrive. The credit union has launched several initiatives to increase community impact and boost employee development and growth, including switching to quarterly performance reviews and […] - [CREDIT UNIONS FOR KIDS HOSTS 20TH WINE AUCTION RAISING $2.2 MILLION FOR CHILDREN’S MIRACLE NETWORK HOSPITALS](https://thecreditunionconnection.com/credit-unions-for-kids-hosts-20th-wine-auction-raising-2-2-million-for-childrens-miracle-network-hospitals/): Milestone event generates more than $18 million over the last 20 years. The Credit Unions for Kids Wine Auction celebrated its 20th annual event, raising a record $2.2 million for 11 CMN Hospitals on March 14, 2025, at Terranea Resort in Palos Verdes, Calif., and launched with a new Leadership Summit featuring insightful sessions for credit union leaders. The annual event has raised more than $18 million for CMN Hospitals over the last 20 years.  Over 500 credit union leaders, business partners, and hospital representatives gathered for an evening of fine wine and spirited bidding. This year’s theme,“Rhapsody: A Fusion […] - [Employee Engagement vs Employee Satisfaction](https://thecreditunionconnection.com/employee-engagement-vs-employee-satisfaction/): Boosting employee engagement is a challenge that continues to evolve as new generations make their way into the workplace. Having data that can identify how to best boost engagement is incredibly helpful, but that data needs to be measuring true engagement. It’s also important that your credit union actually do something with that data in order to see results. This is not softball stuff. When replacing an employee costs between 30% to 200% of their salary, you darn well want to keep them engaged with your credit union or organization. Host Sarah Snell Cooke talked with Bluepact Strategy Group Chief […] - [NCUA Releases 2024 Annual Report](https://thecreditunionconnection.com/ncua-releases-2024-annual-report/): The National Credit Union Administration today released its 2024 Annual Report, highlighting the agency’s activities and accomplishments for the past year. “In 2024, the Share Insurance Fund and the credit union system remained well-capitalized with sufficient liquidity during the year,” NCUA Chairman Kyle S. Hauptman said. “Looking ahead, the NCUA will continue to work with stakeholders to enhance the credit union system through innovation, transparency, and a regulatory structure that allows credit unions to meet the evolving financial needs of families and businesses across America.” The 2024 Annual Report documents the NCUA’s performance in meeting its strategic goals and objectives as detailed in […] - [Annual Compliance, Certification and Reporting Obligations](https://thecreditunionconnection.com/annual-compliance-certification-and-reporting-obligations/): Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award, Assistance and/or Allocation? If so, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s), you must complete and submit the annual report(s) specified in these agreement(s).  Additionally, to maintain your organization’s CDFI Certification status all Certified CDFIs must submit an Annual Certification and Data Collection Report (ACR). The due dates to submit annual compliance report(s) vary by fiscal year end date and type of Award, as well as, by the […] - [Wheelhouse Credit Union Presents Annual D. Cruz Gonzalez Memorial Grant to Sports4Kids](https://thecreditunionconnection.com/wheelhouse-credit-union-presents-annual-d-cruz-gonzalez-memorial-grant-to-sports4kids/): Grant Supports Bags of Hope Provided to Unhoused Students at Perkins Elementary School Wheelhouse Credit Union (Wheelhouse) recently awarded its second annual D. Cruz Gonzalez Memorial Grant to Sports4Kids, a 501(c)(3) nonprofit organization working to create a brighter future for local youth facing homelessness. The grant, presented to Sports4Kids during its Bags of Hope giveback event at Perkins Elementary School in Barrio Logan in the South Bay, will be used to provide Bags of Hope essential care packages to the school’s unhoused student population. Wheelhouse employees also volunteered during the event to help assemble and distribute the care packages. The $5,000 grant, established […] - [Oregonians Credit Union Announces Upcoming Retirement of CEO Sam Launius](https://thecreditunionconnection.com/oregonians-credit-union-announces-upcoming-retirement-of-ceo-sam-launius/): Oregonians Credit Union has announced the upcoming retirement of President and CEO Sam Launius, who has dedicated 32 years to the organization, including the last 6 years as its leader. Under his visionary leadership, the credit union has reached to more than $340 million in assets and now serves over 19,000 members. Throughout his tenure, Launius has been instrumental in driving Technological growth while strengthening the credit union’s commitment to its members and the local community. His leadership has fostered programs that enhance financial literacy, support small businesses, and elevate member services. His focus on innovation, sustainability, and outreach has […] - [Core10 and PayNearMe Partner to Modernize Loan Repayments for Financial Institutions](https://thecreditunionconnection.com/core10-and-paynearme-partner-to-modernize-loan-repayments-for-financial-institutions/): Technology integration enables banks and credit unions to expand payment options, enhance borrower satisfaction, and streamline operations Core10, a leading provider of middleware products and software development services for financial institutions and fintechs, and PayNearMe, the fintech company bringing progress to payments, today announced a strategic partnership to simplify and enhance loan repayment capabilities for community banks and credit unions. By enabling PayNearMe’s platform with Core10’s Mesh middleware, the partnership enables financial institutions to seamlessly connect an industry-leading payment solution to their core banking system. Banks and credit unions can deploy PayNearMe’s capabilities in just weeks, accelerating their path to modernizing […] - [APCU/Center Parc Credit Union donates $20K to benefit Children’s Healthcare of Atlanta](https://thecreditunionconnection.com/apcu-center-parc-credit-union-donates-20k-to-benefit-childrens-healthcare-of-atlanta/): APCU/Center Parcis proud to announce its continued support of the Children’s Miracle Network (CMN) with a donation of $20,000 which will benefit Children’s Healthcare of Atlanta. The donation was made possible by APCU/Center Parc employees, who generously contributed personal funds, sought support from the credit union’s board of directors and held fundraisers such as snack sales and weekly jeans day. The credit union also acted as the title sponsor for the CU4Kids annual Bowl-A-Thon to help raise additional funds and awareness for CMN. In conjunction with the check presentation, APCU/Center Parc executives received a tour of the recently opened Arthur M. Blank […] - [Florida’s First Choice Credit Union Turns to Dolphin Debit for ATM Management](https://thecreditunionconnection.com/floridas-first-choice-credit-union-turns-to-dolphin-debit-for-atm-management/): When First Choice Credit Union in West Palm Beach, Florida, needed ATM replacement, they made the decision to turn the new machine and its management over to Dolphin Debit. It was the right move, the CEO says. About a year ago First Choice – which provides service to residents of Palm Beach County and federal government employees in Palm Beach and surrounding counties – decided to replace an ATM at the Veterans Administration medical center it serves. “We knew we needed a new ATM. But we didn’t want to manage the multiple vendors and contracts required to keep the ATM running and compliant,” […] - [Princeton Federal Credit Union Enhances Digital Accessibility by Launching Mahalo's Thoughtful Banking® Platform](https://thecreditunionconnection.com/princeton-federal-credit-union-enhances-digital-accessibility-by-launching-mahalos-thoughtful-banking-platform/): Improves member experience by implementing inclusive, customizable digital banking platform with neurodiversity features Princeton Federal Credit Union (‘PFCU’), has officially launched Mahalo Banking’s Thoughtful Banking® platform, marking a significant upgrade to its digital banking services. The platform adoption provides PFCU with a more accessible and adaptable digital banking solution to better serve its diverse membership base. Mahalo empowers PFCU to elevate the member experience with a feature-rich platform seamlessly integrated with its Corelation Keystone core system. What sets Mahalo’s Thoughtful Banking® solution apart is its strong commitment to inclusivity—designed to accommodate Spanish-speaking members, individuals with dyslexia, those with flash sensitivity, […] - [Honor Credit Union Announces 2025 Free Community Shred Days](https://thecreditunionconnection.com/honor-credit-union-announces-2025-free-community-shred-days/): Honor Credit Union, in partnership with Data Guardian and Marquette County Solid Waste Management Authority, is excited to unveil its 2025 Free Community Shred Day schedule. These free events provide a secure and convenient way for community members to safely dispose of sensitive documents, such as tax forms and paperwork containing personal information, while also promoting environmental sustainability. Honor’s Community Shred Days not only help protect against identity theft but also contribute to a greener future by ensuring shredded materials are properly recycled. By participating, communitymembers can safely declutter their homes while helping reduce waste in local landfills. Each event will operate as […] - [TopLine Financial Credit Union Advocates for Members in Washington D.C.](https://thecreditunionconnection.com/topline-financial-credit-union-advocates-for-members-in-washington-d-c/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, visited Capitol Hill in Washington, D.C., March 2 to March 5, 2025, as part of the annual America’s Credit Unions Governmental Affairs Conference, the credit union industry’s largest advocacy event. During the conference, TopLine executives and officials, along with over 6,000 other credit union professionals, board members and Minnesota Credit Union Network (MnCUN) staff members, discussed several top credit union issues with key legislative staff members. The group met with U.S. Senators Amy Klobuchar and Tina Smith as well as members of the U.S. House and their staff. Meetings focused […] - [SECU Foundation Awards $150,000 to Rural Investment Collaborative for Improving Rural Leadership and Economic Opportunities in Appalachian Region of North Carolina](https://thecreditunionconnection.com/secu-foundation-awards-150000-to-rural-investment-collaborative-for-improving-rural-leadership-and-economic-opportunities-in-appalachian-region-of-north-carolina/): Rural Investment Collaborative (RIC), a program of Appalachian Community Capital, has received a $150,000 challenge grant from SECU Foundation. The funding will support a two-year pilot program to improve leadership and economic opportunities for rural communities across North Carolina.  RIC was created by the Federal Reserve Bank of Richmond and is a collective of foundations, financial centers, educational institutions, and government agencies working cooperatively to enhance the workforce and economic outcomes for rural communities. “We are thrilled to provide essential funding to help the Rural Investment Collaborative expand access to needed resources and systems to foster long-term change,” said SECU Foundation Board Vice Chair Mona […] - [US Treasury Secretary Responds to DCUC Letter on CDFI Concerns](https://thecreditunionconnection.com/us-treasury-secretary-responds-to-dcuc-letter-on-cdfi-concerns/): Sunday morning, the Defense Credit Union Council (DCUC) sent a letter to U.S. Treasury Secretary Scott Bessent expressing concern over President Trump’s recent executive order calling for the elimination of the Community Development Financial Institutions (CDFI) Fund. This evening, DCUC received an official response from Secretary Bessent: “This Administration recognizes the important role that the CDFI Fund and CDFIs play in expanding access to capital and providing technical assistance to communities across the United States. CDFIs are a key component of President Trump’s commitment to supporting Main Street America in the pursuit of job growth, wealth creation, and prosperity. As required […] - [Pasadena Federal Credit Union Selects Jeremy Calva](https://thecreditunionconnection.com/pasadena-federal-credit-union-selects-jeremy/): Pasadena Federal Credit Union proudly welcomes Jeremy Calva as its new Chief Financial Officer (CFO). Calva will oversee financial strategy, risk management, and resource optimization to drive sustainable growth. His leadership in financial planning, compliance, and performance management will enhance data-driven decision-making and operational efficiency. Committed to innovation and community impact, Calva will help advance Pasadena FCU’s mission to “Engage, Educate, and Inspire every community member.” “Jeremy embodies the core values of Pasadena Federal Credit Union: financial excellence and a dedication to making a difference for those who need it most,” said James Chang, President/CEO of Pasadena Federal Credit Union. […] - [Candescent: Digital Banking Trends to Follow in 2025](https://thecreditunionconnection.com/candescent-digital-banking-trends-in-2025/): Digital banking services are second nature to consumers now. McKinsey & Company estimated that digital banking channels will account for more than 90% of banking interactions globally. So, what’s next? As consumers use these channels more, they expect a smooth, quality experience. At the same time, they still want to talk to real person when needed. Balancing that with the efficiency of AI, these are all things credit unions must consider when crafting their members’ digital experiences. At GAC 2025, host Sarah Snell Cooke sat down with Candescent Chief Product Officer Gareth Gaston to discuss the current digital banking trends and where […] - [Build Relationships Through Microloans](https://thecreditunionconnection.com/build-relationships-through-salus-microloans/): Demand for microloans has grown significantly in recent years. It’s how many of credit unions’ digital-first competitors are able to reel in so many millennials and Gen Zers. For the 77% of people in the US who live paycheck-to-paycheck, microloans can be a crucial lifeline. Credit unions can leverage small-dollar loans to meet the needs of their members and especially remain relevant to younger members. That way, they build lifetime member value as they’re acclimated to the credit union’s offerings. One credit union lender shared with us that a member received a microloan from the credit union, and eight years […] - [CDFI Fund Faces Being Eliminated After Executive Order](https://thecreditunionconnection.com/cdfi-fund-faces-being-eliminated-after-executive-order/): By Lydia Wedlock, editorial assistant, The Credit Union Connection Last Friday, a Continuing Resolution was passed to prevent the government from shutting down and, among many other things, keep the Community Development Financial Institutions Fund (CDFI Fund) funded. Soon after its passing, President Donald Trump signed an executive order that could strip the CDFI Fund down to what is statutorily necessary. Although CDFIs, including a growing number of credit unions, continuing to receive funding is good news, the signing of this new executive order now means that there will be questions regarding which grant programs will continue. In essence, the […] - [HRCU Receives Dual Recognition for Member Safety and Services](https://thecreditunionconnection.com/hrcu-receives-dual-recognition-for-member-safety-and-services/): Holy Rosary Credit Union announces it has been recognized for the fifth year by MemberXP, a leading customer experience program offered through Credit Union Solutions Group (CUSG), as a recipient of its 2025 ‘Best of the Best’ award in the new member and loan experience categories. HRCU also received the 2025 AARP BankSafe Trained Seal for the fifth consecutive year.  “We are incredibly proud to once again be recognized by MemberXP and AARP,” said HRCU President and CEO Brian Hughes. “These honors reflect our commitment to providing the highest level of safety and service to our members. We are always […] - [Citadel Credit Union Introduces Breakthrough in Member-Centric Banking: Ultimate Growth Checking](https://thecreditunionconnection.com/citadel-credit-union-introduces-breakthrough-in-member-centric-banking-ultimate-growth-checking/): Citadel Credit Union  has launched Ultimate Growth Checking, a revolutionary checking account with no monthly service fee, designed to evolve with members by offering value at every stage of their financial journey. As a not-for-profit credit union, Citadel is committed to reinvesting earnings back to its members through better rates, lower fees, and intuitive financial solutions. By integrating an innovative tiered rewards system, AI-driven automation, and seamless digital banking, Citadel is redefining what it means to provide member-centric financial solutions.  “At Citadel, we know that our members’ financial needs evolve, and banking should evolve with them,” said Anand Solanki, SVP, Head of […] - [Texas Trust Credit Union and Arlington-Mansfield Area YMCA](https://thecreditunionconnection.com/texas-trust-credit-union-and-arlington-mansfield-area-ymca/): Texas Trust Credit Union and the Arlington-Mansfield Area YMCA are working together to address financial illiteracy in the communities of Arlington, Mansfield, and Grand Prairie. The two organizations are launching a financial wellness program designed to give individuals and families the knowledge and skills to better manage their money and make wiser financial decisions. Texas Trust’s eight-session financial wellness course will be taught by its FiCEP Certified Coaches at the Mansfield YMCA facility. The program will cover budgeting, credit, saving for emergencies, debt management, home ownership, and more. Texas is ranked 29th, just below the midpoint, in financial literacy among the states, according […] - [Top Three Reasons We Should NOT Start New Credit Unions—And Why I’m Doing It Anyway](https://thecreditunionconnection.com/top-three-reasons-we-should-not-start-new-credit-unions-and-why-im-doing-it-anyway/): Denise Wymore, Chair, The CU De Novo Collective Back from the GAC and still riding that conference high like so many of us. After 43 years in the credit union movement, this annual gathering feels less like a conference and more like a family reunion. This year, however, I attended from a different perspective. Going into the event, I unexpectedly found myself without traditional employment. But instead of feeling uncertain, I felt free—free to create the job I truly want and find ways to make it sustainable. For the past two years, I’ve dedicated my spare time to helping groups […] - [Why Differentiation is Critical in a Crowded Marketplace](https://thecreditunionconnection.com/why-differentiation-is-critical-in-a-crowded-marketplace/): By Fernando Pena, Fractional CMO, Rokture In today’s crowded marketplace, smaller credit unions face a unique challenge when it comes to growth. That challenge is standing out in the crowd of advertisements and continual messaging that is prevalent today. Larger financial institutions have the luxury of massive marketing budgets and widespread brand recognition, but small businesses, including credit unions, don’t have the resources to compete at the same level. This can be frustrating, especially when endless competitors market to the same members. The key to success for smaller credit unions isn’t trying to mimic the tactics of large corporations but rather focusing […] - [ABNB Federal Credit Union Chooses Eltropy's AI-Powered Unified Conversations Platform to Modernize Member Communications](https://thecreditunionconnection.com/abnb-federal-credit-union-chooses-eltropys-ai-powered-unified-conversations-platform-to-modernize-member-communications/): Hampton Roads-headquartered credit union plans to consolidate multiple systems and automate 50-60% of contact center interactions with Eltropy’s comprehensive solution Eltropy announced today that Hampton Roads-headquartered ABNB Federal Credit Union has selected Eltropy’s unified platform to improve their member communication strategy across all departments and channels. How ABNB Federal Credit Union Is Enhancing Member Experience The credit union, which serves members throughout the Greater Hampton Roads, Virginia and Northeastern North Carolina regions began their enhancement journey in mid-2024 with a strategic goal to connect with members through their preferred channels, anytime and anywhere. “We were very clear from the beginning that this […] - [LaCorp's Savoie: Give Small Credit Unions a Seat at the Table](https://thecreditunionconnection.com/lacorp-ceo-savoie-small-credit-unions-voice/): We went live at America’s Credit Unions’ Governmental Affairs Conference (GAC) 2025 with Louisiana Corporate Credit Union (LaCorp) CEO David Savoie. He shared his true thoughts with The Credit Union Connection Founder/CEO Sarah Snell Cooke about Don’t Tax My Credit Union, small credit unions being “trotted out like Jerry’s Kids” on Capitol Hill rather than getting a seat at the table, the aging of credit unions and much more! Savoie is not one to shy away from controversy, from compliance to defending the credit union tax exemption – you won’t want to miss this! WATCH! Automated transcript appears below. Sarah […] - [Two Credit Unions Announce Board Appointments, Vizo Financial Remembers Former CEO](https://thecreditunionconnection.com/two-credit-unions-announce-board-appointments-vizo-financial-remembers-former-ceo/): Two credit unions, including FORUM Credit Union, announced appointment to their boards, and Vizo Financial announced the passing of the former CEO of Mid-Atlantic Corporate Federal Credit Union. New Hires Recognitions In Remembrance Promotions Appointments - [Junior Achievement of the Space Coast and Space Coast Credit Union Join Forces to Educate the Next Generation](https://thecreditunionconnection.com/junior-achievement-of-the-space-coast-and-space-coast-credit-union-join-forces-to-educate-the-next-generation/): Junior Achievement of the Space Coast (JASC) and Space Coast Credit Union (SCCU) are proud to continue their four-year partnership by making a powerful impact on the next generation through the upcoming Junior Achievement in a Day (JA in a Day) event.  SCCU is an ambassador-level sponsor of the nonprofit for 4 years and has donated more than $40,000 to help young people discover what’s possible for their future.  “Our partnership with SCCU strengthens our community by providing students with lifelong skills to ultimately create a more financially savvy, resilient Space Coast for years to come,” says Candice Hodge, Vice […] - [Reliant Credit Union Recipient of Three 2025 MemberXP™ Best of the Best Awards](https://thecreditunionconnection.com/reliant-credit-union-recipient-of-three-2025-memberxp-best-of-the-best-awards/): Reliant Credit Union is honored to announce that it has been recognized as a recipient of three prestigious 2025 Best of the Best awards: Best Loan Experience, Best Transaction Experience and Best Online Banking Experience. These awards are presented by MemberXP, a leading customer experience program offered through CUSG.  Annually, the Best of the Best awards are given to credit unions that consistently provide extraordinary service, as reported by their own members. Only the highest-performing credit unions using the MemberXP program receive the incredible honor. “Receiving these Best of the Best awards is a testament to our commitment to putting […] - [Numerica Honored With Girl Scouts Echo Award](https://thecreditunionconnection.com/numerica-honored-with-girl-scouts-echo-award/): Numerica Credit Union was recognized as this year’s Echo Award honoree at the Girl Scouts Sweets Before Supper event on March 8. The annual event honors local Women of Distinction, as well as one community organization whose impact creates an “echo of good” within Girl Scouts of Eastern Washington and Northern Idaho and beyond. “At Numerica, we believe that the strength of a community lies in its ability to lift each other up,” said Carla Cicero, Numerica president and CEO. “The Girl Scouts are doing the important work of eliminating financial barriers so young girls can thrive in safe, healthy […] - [BCU President, CEO Mike Valentine Recognized With Herb Wegner Memorial Award, The Credit Union Movement's Highest National Honor](https://thecreditunionconnection.com/bcu-president-ceo-mike-valentine-recognized-with-herb-wegner-memorial-award-the-credit-union-movements-highest-national-honor/): BCU President and CEO, Mike Valentine, has been named a recipient of the 2025 Herb Wegner Memorial Award for Outstanding Individual Achievement by the National Credit Union Foundation. This honor recognizes Mike’s exceptional contributions to the credit union movement, his visionary leadership, and his unwavering commitment to improving financial well- being for all. Mike has been a transformative leader in the credit union industry for over 40 years. His grassroots efforts to foster a shared purpose of financial well- being have significantly impacted the lives of countless individuals. Under his leadership, BCU has grown from a single-sponsor credit union with […] - [Indiana Members Credit Union Contributes $10,000 To Caroline Symmes Children's Cancer Endowment For Cancer Awareness Card](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-10000-to-caroline-symmes-childrens-cancer-endowment-for-cancer-awareness-card/): On behalf of Indiana Members Credit Union (IMCU) members, IMCU recently presented a check for $10,000 to the Caroline Symmes Children’s Cancer Endowment as part of its exclusive Cancer Awareness Debit Card Program. IMCU members nominate a different local cancer related organization to be the beneficiary each year. Caroline Symmes Children’s Cancer Endowment was the selected beneficiary for the past year, receiving a contribution for each signature based transaction made with this card from March 2024-February 2025.  Gina Terril, AVP Business Development, IMCU, presented the check to Libby Symmes, President and Co-Founder, Caroline Symmes Children’s Cancer Endowment, on Sunday, February […] - [First Capital Federal Credit Union Wraps Upits First Quarter Breakfast Tour!](https://thecreditunionconnection.com/first-capital-federal-credit-union-wraps-upits-first-quarter-breakfast-tour/): On Wednesday, March 5, 2025, the senior managers concluded their Breakfast Tour with a final stop at our South York branch. The Senior Manager Breakfast Tour is a special initiative where the executive leadership team visit each branch to personally cook and serve breakfast to our dedicated employees. This tour is more than just a meal; it’s an opportunity for senior leadership to connect with team members, express appreciation, and foster a strong, collaborative culture across all First Capital locations. By stepping behind the serving table, our senior managers are reinforcing our commitment to open communication and employee engagement. “At […] - [Addition Financial Credit Union Breaks Ground on New Branch in the Four Corners Area](https://thecreditunionconnection.com/addition-financial-credit-union-breaks-ground-on-new-branch-in-the-four-corners-area/): In expanding its reach and community impact west of Metro Orlando, Addition Financial Credit Union announced construction is underway of a new branch in The Four Corners region of Central Florida. The branch, soon to be the organization’s 27th full-service location, will be located off U.S. Highway 27, near Cagan Crossings. Just west of Walt Disney World, The Four Corners takes its name from the point on the map where Lake, Orange, Osceola, and Polk counties meet, and is one of the fastest growing regions in Florida, per U.S. Census data. “We consider many factors when deciding where to open a […] - [Bancography Releases Outlook 2025 Highlighting Trends, Challenges for Financial Services Industry](https://thecreditunionconnection.com/bancography-releases-outlook-2025-highlighting-trends-challenges-for-financial-services-industry/): Research indicates flat deposit growth in 2025, examines key branching activity, demographic and economic shifts Bancography released its annual research report, Outlook 2025: Industry Trends and the Challenges Ahead.  It examines statistics on deposit growth, branching activity, and household demographic and economic measures across the U.S.   The report indicates financial institutions will experience a challenging economic environment due to flat deposit growth. “Financial institutions are facing a zero-sum environment, where one bank’s gain is another’s loss,” said Steve Reider, president of Bancography.  The large- and mid-sized markets posting the greatest deposit gains spanned all regions of the nation, with markets […] - [MSUFCU Digital Experience Officer to Speak at FinovateSpring 2025](https://thecreditunionconnection.com/msufcu-digital-experience-officer-to-speak-at-finovatespring-2025/): The lineup of speakers for Finovate’s FinovateSpring 2025 conference, set to be held May 7-9 at the Sheraton San Diego Hotel and Marina in San Diego, California, has been announced. One of the speakers on that list is MSU Federal Credit Union’s Chief Research and Digital Experience Officer Ami Iceman Haueter. This year’s FinovateSpring is set to feature over 100 industry leaders and attract more than 1,200 senior-level attendees. Additionally, more 600 of those attendees will be from credit unions, banks, and other financial institutions. The conference’s speakers and panels will discuss and explore AI’s future in financial services, including its impact […] - [Guardians Credit Union Moves Management of Its ATM Fleet to Dolphin Debit](https://thecreditunionconnection.com/guardians-credit-union-moves-management-of-its-atm-fleet-to-dolphin-debit/): For Guardians Credit Union, turning management of its ATM fleet over to Dolphin Debit has been a huge benefit and has delivered a much improved member experience.  The West Palm Beach, Florida, credit union, with $306 million in assets and well over 36,000 members, opted for ATM fleet management with Dolphin Debit. The credit union has four ATMs at branches and 10 at various select employee group (SEG) sites. The decision was a big move for Guardians, which had always managed its own ATM fleet. As Chief Financial Officer Minire Syla noted, the credit union looked closely at vendors before selecting Dolphin Debit […] - [Frankenmuth Credit Union Partners with Pocketnest](https://thecreditunionconnection.com/frankenmuth-credit-union-partners-with-pocketnest/): Partnership brings members hyper-personalized financial wellness Frankenmuth Credit Union partners with woman-founded financial wellness platform Pocketnest to deliver hyper-personalized finance tools to members across 31 branches in 27 communities. “Partnering with Pocketnest brings to life our credit union’s dedication to financial innovation and personalized member services,” said Vickie Schmitzer, CEO, Frankenmuth Credit Union. “By integrating Pocketnest’s cutting-edge financial wellness platform, we are empowering our members with tools and knowledge to navigate their unique financial journeys. This collaboration aligns perfectly with our mission to foster trusted relationships and strengthen the financial well-being of our communities.” On the heels of integrating with digital […] - [Delta Community Announces Winners of 20th Annual College Scholarships](https://thecreditunionconnection.com/delta-community-announces-winners-of-20th-annual-college-scholarships/): Credit union to distribute $25,000 in total awards to five metro Atlanta students Delta Community Credit Union is pleased to announce its 2025 Scholarship Award recipients, who were selected based on their academic accomplishments, community engagement and essay submission. As Georgia’s largest credit union, Delta Community will continue its tradition of providing financial support to deserving students for the 20th consecutive year. More than 300 applications were reviewed, and the following five students were chosen to each receive a $5,000 award to assist with tuition, books, housing and other college-related expenses: “Our scholarship program has supported many talented, civic-minded students over the past two decades who now contribute […] - [Test Studio by boost.ai: Confidently Deploy Enterprise AI Agents with Automated Testing](https://thecreditunionconnection.com/test-studio-by-boost-ai-confidently-deploy-enterprise-ai-agents-with-automated-testing/): Enterprises can now confidently test AI accuracy, streamline workflows, and validate performance before deployment. boost.ai today announced the launch of Test Studio, a built-in studio to test and validate AI agent performance before enterprises deploy them in customer-facing applications. Expanding beyond boost.ai’s existing testing capabilities, Test Studio enables rigorous, scalable testing of predefined, generative, or hybrid conversation flows, helping businesses mitigate risk and ensure AI agent accuracy with confidence. With comprehensive evaluation and reporting tools, enterprises can proactively address potential concerns, tracking the performance of their AI agent through multiple test scenarios. As AI adoption accelerates, customers expect higher-quality self-service and […] - [BCU Strengthens Jack Henry Relationship to Support Growth Goals](https://thecreditunionconnection.com/bcu-strengthens-jack-henry-relationship-to-support-growth-goals/): $6 billion credit union continues 25-year relationship with technology provider to plan for significant growth while enhancing member service Jack Henry™ (Nasdaq: JKHY) announced that BCU is continuing its long-standing relationship with the company, leveraging Jack Henry’s cloud-based platform to support its long-term growth and commitment to delivering strong member service. BCU first selected Jack Henry’s Symitar® Core in 1999, at $529 million in assets. After 10 years, the credit union began to migrate its technology assets to Jack Henry’s private cloud, streamlining operations to shift IT resources toward innovation and differentiate with member service. Today, BCU has grown to $6 billion in […] - [WESTconsin Credit Union to Host $MART Financial Literacy Week](https://thecreditunionconnection.com/westconsin-credit-union-to-host-mart-financial-literacy-week/): In celebration of Financial Literacy Month this April, WESTconsin Credit Union is excited to host $MART Financial Literacy Week from April 14–19. Youth members and community members are invited to stop by their local WESTconsin office to pick up and play $MART Bingo, a fun and engaging game designed to teach valuable money management skills. Participants who return a completed Bingo card will receive a prize and be entered into a drawing to win a Fin Lee the Fox Fun Box!  Throughout the week, WESTconsin offices will also offer Youth Activity Books and other fun giveaways to spread the word […] - [SDCCU Selected as a 2025 Winner for San Diego’s Best and Brightest in Wellness](https://thecreditunionconnection.com/sdccu-selected-as-a-2025-winner-for-san-diegos-best-and-brightest-in-wellness/): The National Association for Business Resources honors the best employers in the nation San Diego County Credit Union® (SDCCU®) has been named a 2025 Winner for San Diego’s Best and Brightest in Wellness® by the National Association for Business Resources (NABR) for the sixth year in a row. The Best and Brightest in Wellness celebrates companies that are making their businesses healthy, the lives of their employees better and the community a healthier place to live. The Best and Brightest program provides year-long education, benchmarking, assessment tools and interaction among the best employers throughout the United States. “SDCCU is honored to once […] - [Appli Launches Special Pricing Initiative for Small Credit Unions](https://thecreditunionconnection.com/appli-launches-special-pricing-initiative-for-small-credit-unions/): POPi/o co-founder Tim Pranger removes cost barriers by offering AI-powered loan calculator accessible to credit unions under $250 million in assets Appli today announced a market-disrupting pricing initiative designed specifically for credit unions under $250 million in assets. This bold move promises to level the playing field where smaller institutions often struggle against tech-forward giants, giving community credit unions access to the same advanced technology that their larger competitors deploy. “In order to stay relevant in today’s market, small credit unions must do something drastic,” said Tim Pranger, CEO of Appli. “We’re making our AI-powered financial calculator with personalized lending […] - [Vertice AI Joins the Jack Henry™ Vendor Integration Program](https://thecreditunionconnection.com/vertice-ai-joins-the-jack-henry-vendor-integration-program/): VIP enables Vertice AI to integrate with Symitar® Vertice AI today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Vertice AI with access to Jack Henry’s technical resources to enable its platform to integrate with Symitar®. The Vendor Integration Program is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.  The Vertice AI platform integrates with Symitar via a Custom Solutions integration that enables third-party access to the platform’s core data and business rules. These custom integrations are specifically crafted for the Vertice AI platform to achieve […] - [True North Federal Credit Union Selects Mahalo Banking to Enhance Digital Security and Member Experience](https://thecreditunionconnection.com/true-north-federal-credit-union-selects-mahalo-banking-to-enhance-digital-security-and-member-experience/): True North Federal Credit Union (True North FCU) has selected Mahalo Banking to transform its digital banking experience. The Juneau, Alaska-based credit union sought a provider that had a deep integration with Corelation Keystone and delivered advanced fraud prevention. After a thorough search, True North FCU chose Mahalo to elevate its digital banking experience and provide members with a seamless, user-friendly platform. Mahalo’s advanced fraud mitigation features—such as its Credential Assurance Technology (CAT)—offer an added layer of protection against credential-stuffing attacks. Its security-first approach aligns perfectly with the credit union’s commitment to delivering a dynamic, secure digital experience while proactively […] - [Novo Federal Credit Union Selects George San Martin as President & CEO](https://thecreditunionconnection.com/novo-federal-credit-union-selects-george-san-martin-as-president-ceo/): The Board of Directors of Novo Federal Credit Union is pleased to announce the appointment of George San Martin as the credit union’s next President and Chief Executive Officer. He will succeed Rosie Zarubick, who is retiring after 12 years of dedicated leadership and service to Novo FCU and its members. With a strong background in financial services and a passion for member-focused innovation, George is well-positioned to build on Novo’s legacy of personalized service, deep community connection, and operational excellence.  “After an extensive search, we are thrilled to welcome George San Martin as Novo Federal Credit Union’s new President […] - [CDFI Fund Announces Updated Calendar for CDFI Certification Monthly Webinars](https://thecreditunionconnection.com/cdfi-fund-announces-updated-calendar-for-cdfi-certification-monthly-webinars/): Additional Dates & Subject Matter Briefings Added to Calendar The Community Development Financial Institutions Fund’s (CDFI Fund’s) monthly Community Development Financial Institution (CDFI) Certification webinars are intended to serve as a forum for potential CDFI Certification Applicants, Certified CDFIs, and other CDFI Certification stakeholders to ask questions and discuss CDFI Certification and the CDFI Certification process. The webinars are open to the general public and do not require advance registration. During the first portion of each call CDFI Fund staff will provide a walkthrough demonstration on a specific aspect of the revised CDFI Certification Application. This will provide participants the […] - [Indiana Members Credit Union Announces 2025 Cancer Awareness Card Beneficiary](https://thecreditunionconnection.com/indiana-members-credit-union-announces-2025-cancer-awareness-card-beneficiary/): Indiana Members Credit Union (IMCU) is pleased to announce Strides for Sarcoma as the new member-nominated beneficiary for its Cancer Awareness Debit Card. The IMCU Cancer Awareness Debit Card provides members an opportunity to support a different cancer-related organization each year. A portion of each signature transaction made with this card March 1, 2025, through February 28, 2026, up to $10,000, will be donated to Strides for Sarcoma.  The card is available for issue to members at IMCU’s 31 Indiana locations. The IMCU Cancer Awareness Debit Card is an option to members with a free checking account and can be […] - [First Tech Federal Credit Union Earns Prestigious 2025 USA TODAY Top Workplaces Award](https://thecreditunionconnection.com/first-tech-federal-credit-union-earns-prestigious-2025-usa-today-top-workplaces-award/): First Tech Federal Credit Union Earns Prestigious 2025 USA TODAY Top Workplaces Award First Tech Federal Credit Union (First Tech) has been honored with the 2025 USA TODAY Top Workplaces award, a testament to the credit union’s commitment to fostering a workplace environment that values the diverse talents of every employee and encourages engagement. The winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about workplace experience themes, which are proven indicators of high performance. […] - [Credit Union SACTOWN Run Raises $190K for California & Nevada CMN Hospitals](https://thecreditunionconnection.com/credit-union-sactown-run-raises-190k-for-california-nevada-cmn-hospitals/): 1,600 Credit Union Staff and Members in This Year’s Event The Annual Credit Union SACTOWN Run took place Sunday, April 6, in Sacramento, raising more than $190,000 for 11 Children’s Miracle Network Hospitals (CMN) and helping local kids throughout California and Nevada receive the medical care they need. More than 2,000 runners participated in this year’s run, including 1,600 credit union employees and credit union members from across California and Nevada. The event — which started and ended on the Capitol Mall in front of the California State Capitol — featured a 10-mile race, 5K run/walk, and Miracle Mile. The run was hosted by […] - [AI Helps Credit Unions Keep the Human Touch](https://thecreditunionconnection.com/ai-helps-credit-unions-keep-the-human-touch/): When it comes to banking relationships, personalization is a must-have for building trust. People feel special when they’re remembered as more than an account number. They don’t know AI helps credit unions supplement that personal touch.  In fact, according to a recent announcement from Personetics, “over 70% of consumers want timely and contextual financial advice from their banks, and 84% would likely switch banks to access such services.” Credit unions, in particular, have always championed personalization. But how can credit unions maintain that personal touch at scale?  One of the most significant problems organizations face when it comes to personalization […] - [Reliant Credit Union Named One of Rochester’s Top Workplaces for Eighth Year in a Row](https://thecreditunionconnection.com/reliant-credit-union-named-one-of-rochesters-top-workplaces-for-eighth-year-in-a-row/): Reliant Credit Union has been awarded a Top Workplaces honor by the Democrat and Chronicle for the eighth year in a row.  The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few. This year, Reliant also received a specialty award related to benefits.  Of all participating companies in the market, Reliant had the highest employee rating for “My benefits package is good compared to […] - [Navy Federal Unveils New Enhancements, Shifting the Future of Banking Today](https://thecreditunionconnection.com/navy-federal-unveils-new-enhancements-shifting-the-future-of-banking-today/): New innovative features to checking accounts to provide an all-in-one banking experience Navy Federal Credit Union reveals checking account enhancements to make managing finances simpler and more convenient. The suite of checking accounts comes with features to equip members with a personalized banking experience to support their financial journey and spending. Key elements include: To complement the upgraded checking account features, Navy Federal’s full service mobile banking app continues to provide cutting-edge technology and unmatched user experience to deliver an all-in-one banking experience for smarter banking. “Navy Federal continues to understand and adapt to the unique financial challenges members are facing, especially when it […] - [OneAZ Unveils Bold New Look While Staying True to Its Core Values ](https://thecreditunionconnection.com/oneaz-unveils-bold-new-look-while-staying-true-to-its-core-values/): New brand identity moves credit union forward in serving emerging communities, grounded in a new tagline, “Our success is measured only by yours.”  OneAZ is proud to announce the launch of a revitalized new brand that reflects its commitment to driving prosperity and community growth across Arizona. Honoring nearly 74 years of trusted service, OneAZ is stepping boldly into the future with a fresh look and renewed promise to help Arizonians succeed.  “Today, we’re unleashing a bold new look and feel – one that reflects the trailblazing spirit, our commitment to innovation, and our dedication to inspiring our members’ dreams,” […] - [LEVERAGE Partners with McQueen Financial Advisors to Provide Credit Unions with Advanced Financial Solutions](https://thecreditunionconnection.com/leverage-partners-with-mcqueen-financial-advisors-to-provide-credit-unions-with-advanced-financial-solutions/): LEVERAGE is excited to announce a strategic partnership with McQueen Financial Advisors (MFA) to offer credit unions a suite of expert financial solutions. This collaboration enhances LEVERAGE’s ability to provide institutions with cutting-edge financial management tools to optimize performance and navigate an evolving economic landscape. Through this partnership, credit unions now have access to a comprehensive suite of financial solutions designed to enhance investment strategies, risk management, and compliance. MFA provides Institutional Bond Portfolio Management, delivering expert guidance to navigate changing market conditions and build a resilient investment strategy. The Asset Liability Management (ALM) and ALM Validation services offer strategic insights […] - [Parishioners Federal Credit Union Pledges $1 Million to Strengthen Catholic Education and Community Initiatives](https://thecreditunionconnection.com/parishioners-federal-credit-union-pledges-1-million-to-strengthen-catholic-education-and-community-initiatives/): A Decade of Generosity: Supporting the Catholic Community through Strategic Donations and Scholarships Parishioners Federal Credit Union has announced a groundbreaking commitment of $1 million to the Catholic community over the next decade. This transformative investment aligns with the credit union’s strategic initiatives, which focus on expanding impact in the Catholic community through a broader outreach to engage new and existing members, enhancing infrastructure, and supporting the financial health of the community it serves. The donation will support vital programs under the Archdiocese of Los Angeles, including student scholarships through the Catholic Education Foundation’s tuition assistance program. These efforts aim […] - [MSUFCU Recognized with Seven America’s Credit Unions Diamond Awards](https://thecreditunionconnection.com/msufcu-recognized-with-seven-americas-credit-unions-diamond-awards/): MSU Federal Credit Union (MSUFCU) was recently recognized with seven national awards for its creative excellence efforts and outstanding results in marketing during 2024. America’s Credit Unions Diamond Awards is the most prestigious annual credit union marketing competition that recognizes and rewards creative excellence for credit unions and advertising agencies that work on their behalf. “It’s an honor to see our team’s creative vision recognized,” said Maria Presocki, MSUFCU’s Vice President of Marketing. “These awards demonstrate our ability to effectively communicate the value of the Credit Union’s services and programs and build lasting relationships with our members and community.” MSUFCU submissions […] - [Eltropy Named Winner in 2025 Inc. Regionals and FinTech Breakthrough Awards](https://thecreditunionconnection.com/eltropy-named-winner-in-2025-inc-regionals-and-fintech-breakthrough-awards/): Leading AI-powered conversations platform recognized for exceptional growth and innovation in digital financial services Eltropy announced it was ranked No. 30 on the Inc. 2025 Regionals: Pacific list of the fastest-growing private companies, achieving an impressive two-year growth rate of 296% in the Software category. Additionally, Eltropy has been selected as a winner in the 2025 FinTech Breakthrough Awards program.  The Inc. Regionals: Pacific list, an extension of the national Inc. 5000 franchise, represents the most successful companies within the Pacific region’s economy, which includes California, Oregon, Washington, Hawaii, and Alaska. Between 2021 and 2023, companies on this year’s list showed a median growth […] - [Scienaptic AI and Tristate Collaborative Partner to Bring AI-Driven Lending to Credit Unions](https://thecreditunionconnection.com/scienaptic-ai-and-tristate-collaborative-partner-to-bring-ai-driven-lending-to-credit-unions/): Scienaptic AI today announced a strategic partnership with Tristate Collaborative, aimed at empowering credit unions across Wisconsin, Montana, and Minnesota with advanced AI-driven underwriting capabilities, enabling more inclusive lending while enhancing automation and improving the member experience. Tristate Collaborative, LLC, formed by The Minnesota Credit Union Network, Montana’s Credit Unions, and the Wisconsin Credit Union League, establishes strategic endorsement relationships with partners to help their credit unions best serve their members. Together, Tristate Collaborative represents 246 credit unions with over $110 billion in assets, serving approximately 6 million consumer members across Wisconsin, Montana, and Minnesota. The partnership underscores Scienaptic AI and […] - [FHLB Dallas Recognizes Hope Credit Union and Hope Enterprise Corp. for Community Investment](https://thecreditunionconnection.com/fhlb-dallas-recognizes-hope-credit-union-and-hope-enterprise-corp-for-community-investment/): The Federal Home Loan Bank of Dallas (FHLB Dallas) is excited to announce its 2025 Community Area Revitalization Efforts (CARE) Award recipient. Collectively, Hope Credit Union and Hope Enterprise Corporation. (HOPE) were honored today with the award, which recognizes a member financial institution for its commitment to community investment. Each year, FHLB Dallas recognizes a member or members that support affordable housing and other community investment programs using FHLB Dallas grants and advances (loans). The honor includes a $15,000 donation from FHLB Dallas toward a nonprofit or nonprofits of the member’s choice. HOPE was honored for its consistent use of […] - [WSECU Invests in AKUVO to Advance Innovation](https://thecreditunionconnection.com/wsecu-invests-in-akuvo-to-advance-innovation/): AKUVO is excited to announce that WSECU, a $5.2 billion credit union based in Olympia, Washington, has invested in AKUVO through its holding company, One Washington Financial, and will join AKUVO’s Advisory Board.  “Our partnership with AKUVO supports our mission to improve the financial wellbeing of our members and the communities we serve,” said Paul Kirkbride, COO for WSECU. “This investment reflects a commitment and confidence in AKUVO as a company and technology provider. We believe that AKUVO’s platform will help us enhance collections strategies, improve efficiency, and deliver exceptional member experiences. We are excited to further contribute to the […] - [Building a Succession Plan That Actually Works for Your Credit Union](https://thecreditunionconnection.com/building-a-succession-plan-that-actually-works-for-your-credit-union/): Are you ready? By Michael Wolsten, Michael Wolsten Consulting What happens if a key leader leaves tomorrow? Succession planning isn’t just about preparing for retirement—it’s about ensuring stability, continuity and sustainable growth. For credit unions, that means having a plan that not only satisfies internal leadership but also meets the expectations of your board of directors and the NCUA. Leadership transitions are inevitable. But without a proactive strategy, they can lead to confusion, stalled momentum and loss of member trust. With the right process in place, a credit union can face transitions with confidence and clarity. The Common Challenge A credit union executive […] - [PAHO/WHO Federal Credit Union Wins Diamond Award](https://thecreditunionconnection.com/paho-who-federal-credit-union-wins-diamond-award/): PAHO/WHO Federal Credit Union (PAHO/WHO FCU) has won the Diamond Award in the One Time Event Category for its 75th Anniversary celebration. The full list of winners was announced during the Marketing, PR & Development Council of America’s Credit Unions annual Diamond Awards reception held in Austin, Texas.  “For 75 years we’ve had the privilege of helping our members live better, healthier financial lives,” said Miguel Boluda, Jr., CEO of PAHO/WHO FCU. “Having our anniversary celebration acknowledged by the Marketing, PR and Development Council is a testament to our legacy and dedication to serving the global health community and we […] - [GFA Federal Credit Union Signs With Salus to Provide Microloans](https://thecreditunionconnection.com/gfa-federal-credit-union-signs-with-salus-to-provide-microloans/): Salus helps credit unions make microloans with confidence & at scaleGFA Federal Credit Union’s mission is to be the trusted financial partner for all life’s occasions. Partnering with Salus, a fintech laser-focused on financial inclusion and equity, to offer fast, easy microloans to its members brings the credit unions one step closer to achieving that mission. “Microloans are a powerful tool for financial inclusion,” GFA EVP/Chief Lending Officer Tom McGregor said. “With no credit check, low interest rates, and quick access to funds, they provide members with a reliable alternative to high-cost payday loans—offering help without harm.” “Salus is very […] - [Quantum Computing and Synthetic Intelligence - No, This Isn't SciFi. It's Now.](https://thecreditunionconnection.com/quantum-computing-synthetic-intelligence/): Innovation is flying fast and furious these days, and many businesses have been very quick to embrace all these new forms of technology. Credit unions have made headway in implementing newer technology, such as AI. Considering the leading-edge technologies, such as quantum computing and synthetic biological intelligence, starting to make an impact, credit union leaders can’t take their eyes off the ball. They will need to continue to learn about and adopt rapidly evolving technologies if they hope to remain relevant. John Best, Founder and CEO of Best Innovation Group sat down with host Sarah Snell Cooke to discuss the […] - [Three Credit Unions Announce New Hires; Delta Community Credit Union Announces New Additions to Board](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-delta-community-credit-union-announces-new-additions-to-board/): Three credit unions, including Consumers Credit Union and OTIS Federal Credit Union, announced new additions to their teams, and Delta Community Credit Union announced two new additions to its Board of Directors. New Hires: Promotions: Appointments: - [First Tech Celebrates Grand Opening of New Bellevue Branch](https://thecreditunionconnection.com/first-tech-celebrates-grand-opening-of-new-bellevue-branch/): Downtown branch enhances access to technology-driven banking solutions for local tech workers First Tech Federal Credit Union (First Tech) is proud to announce the grand opening of its new and modern, state-of-the-art experience center (XC) on April 2, 2025, at 555 108thAve. NE, Ste. 110, Bellevue, Washington, which will enhance access to financial services for locals working in tech.  First Tech and City of Bellevue officials welcome the community to join them on April 2 in celebrating at the branch from 10:00 a.m. to 2:00 p.m., where there will be snacks and refreshments, giveaways, and a ribbon-cutting ceremony at 12:00 p.m. with […] - [DCUC Welcomes First Credit Union to Membership](https://thecreditunionconnection.com/dcuc-welcomes-first-credit-union-to-membership/): The Defense Credit Union Council (DCUC) proudly welcomes First Credit Union as its newest affiliate member. First Credit Union is a not-for-profit, member-owned financial institution dedicated to serving its community. Established in Arizona in 1929 and now based in Chandler, AZ, First Credit Union prioritizes its members by offering competitive financial products, free financial education, and money management tools. Committed to giving back, the credit union supports local communities through charitable initiatives, fundraising, and staff volunteer service. Learn more about First Credit Union here! “Supporting our community is a fundamental part of our mission. Joining DCUC allows us to strengthen our dedication to […] - [PenAir Credit Union and Star City Federal Credit Union Finalize Merger, Effective May 1, 2025](https://thecreditunionconnection.com/penair-credit-union-and-star-city-federal-credit-union-finalize-merger-effective-may-1-2025/): PenAir Credit Union (PenAir) and Star City Federal Credit Union are pleased to announce that regulatory approval has been granted for their merger, which will officially take effect on May 1, 2025. This union brings together two member-focused credit unions to provide expanded financial services, enhanced digital banking, and a more substantial community impact for members in Southwest Virginia. Star City Federal Credit Union members will become part of PenAir Credit Union, gaining access to a broader suite of financial products and services, enhanced rates, expanded access, and PenAir’s commitment to “Enhancing Lives” through exceptional service and financial wellness initiatives. “We are […] - [CU FinHealth 25 Empowers Leaders to Plan, Implement, and Measure](https://thecreditunionconnection.com/cu-finhealth25-empowers-leaders-to-plan-implement-and-measure/): Making a Tangible Impact on Financial Practitioners, Leaders, & CU Members Over three transformative days, more than 130 financial education champions from credit unions and system partners around the nation convened in Anaheim, CA for the ninth annual CU FinHealth 25 conference. Attendees benefitted from a dynamic platform to network, collaborate, and empower each other to transform credit union members’ lives through tangible initiatives. Hosted at the JW Marriott Anaheim Resort, the conference is organized by the California Credit Union League and Nevada’s Credit Unions, National Credit Union Foundation, and Cornerstone Foundation. This year’s conference provided an immersive learning experience focused on actionable steps […] - [Joe Newberry Named to the Federal Reserve Bank Advisory Council](https://thecreditunionconnection.com/joe-newberry-named-to-the-federal-reserve-bank-advisory-council/): Redstone Federal Credit Union’s President & CEO, Joe Newberry, is among six new members recently appointed to the Federal Reserve Bank of Atlanta’s Community Depository Institutions Advisory Council (CDIAC). The CDIAC was established in 2010 by the Board of Governors to provide input on the economy, lending conditions, and other issues of interest to community financial institutions. The council consists of a group of bankers and industry experts. Newberry joins Angie Barger, Aaron Dorn, Susan Moss, Brian North, and Suzanne Weinstein. They will each serve three-year terms that expire in 2027. “I am truly honored to be appointed to the […] - [PenFed Foundation to Honor Military and Community Heroes at 2025 Celebration of Service Gala](https://thecreditunionconnection.com/penfed-foundation-to-honor-military-and-community-heroes-at-2025-celebration-of-service-gala/): Event celebrates and honors those who have dedicated their lives to giving back The PenFed Foundation announces the military and community honorees for the 2025 Celebration of Service Gala. The event will bring together military heroes, business and community leaders at the National Press Club in Washington, D.C. on May 15. Gretchen Evans will receive the Military Hero Award for her advocacy for veterans and her founding of Team Unbroken, an adaptive racing team of mostly veterans who have experienced life-altering injuries, illness or traumas. Evans is a retired U.S. Army Command Sergeant Major who received a Purple Heart in 2024, nearly 20 years after being injured in […] - [Nussle Announces Intention to Retire as CEO of America’s Credit Unions ](https://thecreditunionconnection.com/nussle-announces-intention-to-retire-as-ceo-of-americas-credit-unions/): Jim Nussle has announced his intention to retire as the CEO of America’s Credit Unions, one of the largest and most prestigious national trade associations in the country. Nussle has served the credit union movement since September of 2014. Nussle did not specify an exact date for his retirement but rather expressed his desire to provide the Board the full flexibility to conduct a search for a CEO over the next several months on a timeline of their choosing, and to ensure his ongoing efforts to champion the organization’s important advocacy agenda.  “Serving credit unions is a deep personal privilege. After a long career […] - [Evergreen Credit Union Raises Over $43,000 to Fight Hunger in Maine](https://thecreditunionconnection.com/evergreen-credit-union-raises-over-43000-to-fight-hunger-in-maine/): Evergreen Credit Union successfully raised $43,570.63 for the Maine Credit Unions’ Campaign for Ending Hunger in 2024. Most of the funds were raised during Evergreen Credit Union’s annual disc golf tournament held at Pineland Farms in New Gloucester, ME in October 2024. This event brought together members of the community, credit union employees, and disc golf enthusiasts for a day of friendly competition and philanthropy. “Raising money for the Campaign for Ending Hunger is incredibly important to us,” said Jason Lindstrom, Evergreen Credit Union’s President/CEO. “By collaborating with credit unions across Maine, we can make a significant impact in the […] - [FORUM Credit Union Opens New Geist Olio Road Branch Location](https://thecreditunionconnection.com/forum-credit-union-opens-new-geist-olio-road-branch-location/): FORUM Credit Union is pleased to announce the opening of its newest location, the Geist Olio Road Branch. The new office is located at 10468 Olio Road in Fishers. This branch features a full-service lobby equipped with innovative teller pod stations and private offices. The branch also features a drive-up lane with a teller window and ATM access that allows members to access their accounts. Ryan Lewis is Geist Olio Road’s new Branch Manager and has been a FORUM teammate since 2021. He has held various positions at FORUM including Member Relations Specialist, Assistant Manager, and Branch Manager of FORUM’s Carmel Branch […] - [Texas Trust Credit Union Wins Marketing Award for Successful Bonus Checking Campaign](https://thecreditunionconnection.com/texas-trust-credit-union-wins-marketing-award-for-successful-bonus-checking-campaign/): A successful new member outreach campaign earned Texas Trust Credit Union a Diamond Award from the America’s Credit Unions Marketing, PR & Development Council’s annual competition for marketing excellence. The award in the Audience-Specific category went to Texas Trust’s Bonus Checking Campaign. To encourage new members, Texas Trust offered significant bonuses for new members who opened checking accounts, with greater bonuses for higher deposits into their new accounts. Creative marketing materials were developed to support the campaign, which brought in thousands of new accounts and exceeded Texas Trust’s goals for the effort. The Texas Trust campaign was judged against some 1,400 entries […] - [TopLine Financial Credit Union Promotes Alan Sonnenburg to Exectuive Vice President and Chief Revenue Officer](https://thecreditunionconnection.com/topline-financial-credit-union-promotes-alan-sonnenburg-to-exectuive-vice-president-and-chief-revenue-officer/): TopLine Financial Credit Union has promoted Alan Sonnenburg to Executive Vice President and Chief Revenue Officer effective March 31, 2025. Sonnenburg joined TopLine in 2018 as the credit union’s Senior Vice President of Lending and Chief lending Officer, with more than 34 years of experience in the financial services industry. During his tenure at TopLine, Alan has been responsible for overseeing consumer lending, loan servicing and underwriting, indirect lending, mortgage services, business services, collections and training teams, and in his expanded role he will add retail branching and operation teams. “Alan is a highly talented financial services executive, and this […] - [GTE Financial’s Family Motor Fest Wins Diamond Award for Second Consecutive Year](https://thecreditunionconnection.com/gte-financials-family-motor-fest-wins-diamond-award-for-second-consecutive-year/): For the second year in a row, GTE Financial has earned the prestigious Diamond Award from the Marketing, PR & Development Council, a recognition that highlights the most outstanding marketing campaigns in the credit union industry. This year, GTE Financial was honored as the Category Best winner in the Ongoing Event category for its second annual Family Motor Fest, a family-friendly car show designed to raise funds for student scholarships in the Tampa Bay area.  The Diamond Awards, now in its 30th year, is an annual competition that recognizes the best marketing campaigns, public relations strategies, and development initiatives across […] - [American Heritage Named Diamond Awards Recipient amid Record-Breaking Competition](https://thecreditunionconnection.com/american-heritage-named-diamond-awards-recipient-amid-record-breaking-competition/): American Heritage was recognized for its 2024 efforts with email communications and its video commercial American Heritage Credit Union (“American Heritage”) was among 180 credit unions nationwide named as winners of the prestigious Diamond Award – the Marketing, PR & Development Council’s annual competition for marketing excellence. American Heritage was recognized by winning the Awards for Best Email and Best Video Commercial. American Heritage’s Email submission focused on first-time homebuyers. This single email received an impressive open rate higher than the national average and resulted in ten closed mortgages totaling $3.3 million in loan origination. Both the Email and Video […] - [DCUC Raises Concerns Over Ken Kies’ Nomination for Treasury Tax Policy Role](https://thecreditunionconnection.com/dcuc-raises-concerns-over-ken-kies-nomination-for-treasury-tax-policy-role/): The Defense Credit Union Council (DCUC) has sent a letter to the Senate Finance Committee expressing concern over the nomination of Ken Kies as Assistant Secretary of the Treasury for Tax Policy. DCUC urged the Committee to question Mr. Kies on his past support for eliminating the federal tax exemption for credit unions and to seek a public commitment that he will not pursue these policies if confirmed. Mr. Kies has a documented history of advocating for the repeal of credit unions’ tax-exempt status, arguing it lacks justification and could generate additional federal revenue. Given his potential influence over tax […] - [CUNA Strategic Services Selects Nook to Implement HubSpot and Elevate Digital Engagement ](https://thecreditunionconnection.com/cuna-strategic-services-selects-nook-to-implement-hubspot-and-elevate-digital-engagement/): CUNA Strategic Services (CSS) selects Nook, a CUSO, certified HubSpot Solutions Partner, and leader in marketing strategy, intelligence, and execution, to implement HubSpot and accelerate its digital transformation efforts.  Through this collaboration, CSS successfully migrated years of legacy data, implemented a fully integrated customer relationship management (CRM) system, and launched a redesigned, user-centric website—enhancing both operational efficiency and user experience.  “Selecting Nook has been a game-changer for our organization,” said Barb Lowman, President of CUNA Strategic Services. “They brought an unmatched level of HubSpot expertise to the table—blending strategy, creativity, and technical execution to help us create a dynamic, user-friendly experience […] - [Launch Credit Union Fights Back Against Fraud, Saving Over $3.5 Million with Cutting-Edge AI](https://thecreditunionconnection.com/launch-credit-union-fights-back-against-fraud-saving-over-3-5-million-with-cutting-edge-ai/): Launch CU saved $3.5M+ in 2024 with real-time AI fraud detection. Led by Eveline Tenczar, RembrandtAi® stopped check and card fraud in its tracks. As financial fraud reaches unprecedented levels, Launch Credit Union has emerged as an industry leader in fraud prevention, saving more than $3.5 million in 2024 alone. This success is due in large part to the expertise and leadership of Eveline Tenczar, AVP, BSA/Fraud, and Launch’s proactive approach to stopping fraud before it happens. Through a strategic shift from outdated batch fraud processing to real-time detection, supported by AI, Launch Credit Union has dramatically reduced losses to fraud, particularly […] - [Mountain America Credit Union Names Nanette Graviet Senior Vice President and Chief Risk Officer](https://thecreditunionconnection.com/mountain-america-credit-union-names-nanette-graviet-senior-vice-president-and-chief-risk-officer/): Graviet brings a wealth of knowledge in governance, risk, and compliance, leading Mountain America into a new phase of risk management and streamlined compliance solutions Mountain America Credit Unionrecently announced the promotion of Nanette Graviet to senior vice president and chief risk officer. In her new role, Graviet will oversee governance, risk, compliance, and legal, as well as Mountain America’s risk management strategy. She will be responsible for overseeing the compliance management system and collaborating on all compliance risk-related tasks. “Nanette’s extensive expertise and effective leadership make her the perfect candidate for this role,” said Sterling Nielsen, president and CEO […] - [Alkami’s Digital Sales & Service Platform to Usher in Era of Anticipatory Banking](https://thecreditunionconnection.com/alkamis-digital-sales-service-platform-to-usher-in-era-of-anticipatory-banking/): The Platform allows financial institutions to land and expand relationships; Alkami gets certified for the second year in a row by J.D. Power Alkami Technology, Inc. announced at its annual 2025 Alkami Co:lab conference its position to create the premier digital sales and service platform in the industry. The Alkami Digital Sales & Service Platform (the Platform) will allow financial institutions to onboard, engage, and grow their account base, where for each critical job to be executed, Alkami provides a best-of-breed solution. Each solution can function independently, or when combined, results in the Alkami Digital Sales & Service Platform that […] - [FI Connect Funds $1 BILlion in Loans it's Inaugural Year](https://thecreditunionconnection.com/fi-connect-funds-1-billion-in-loans-its-inaugural-year/): Origence, the leading credit union lending technology company in the U.S., announced its subsidiary, FI Connect, funded $1 billion in Tesla purchases in its first year of operations. FI Connect offers credit union financing options to national retailers, providing borrowers with affordable solutions with embedded financing. In its inaugural year, the company enabled embedded financing opportunities for 34 credit unions, processing 24,839 total loans and creating 23,833 new credit union members. FI Connect initially launched in partnership with Tesla, providing credit union financing to EV buyers directly through the Tesla website, and has plans for expansion to other retailers in 2025. […] - [Global Women's Leadership Network and eLeadership Academy® Announce Partnership to Advance Leadership Development](https://thecreditunionconnection.com/global-womens-leadership-network-and-eleadership-academy-announce-partnership-to-advance-leadership-development/): New collaboration to provide leadership training and networking opportunities for GWLN members The Global Women’s Leadership Network (GWLN), a program supported through the Worldwide Foundation for Credit Unions (WFCU), has partnered with eLeadership Academy® to launch a series of leadership development initiatives aimed at empowering credit union women worldwide. The partnership will leverage GWLN’s expansive global network and eLeadership Academy’s expertise in leadership training to implement programs that enhance leadership capabilities, strengthen professional connections and create lasting value for GWLN members and Sister Societies. “We’re very excited about this partnership with eLeadership Academy. At GWLN, we are committed to fostering leadership growth and […] - [Navy Federal Credit Union Launches cashRewards Secured Credit Card for Members to Build Credit and Earn Cash Back](https://thecreditunionconnection.com/navy-federal-credit-union-launches-cashrewards-secured-credit-card-for-members-to-build-credit-and-earn-cash-back/): Navy Federal Credit Union today announced the launch of its new cashRewards Secured credit card, designed to provide members with a straightforward and rewarding path to building or rebuilding their credit. The cashRewards Secured card offers unlimited 1% cash back on all purchases, a low initial deposit, and a clear pathway to upgrading to an unsecured credit card. “We know access to credit and building credit are important to our members, and we’re committed to providing tools and resources to meet those needs,” said Rick Conyers, assistant vice president of credit card products at Navy Federal. “The cashRewards Secured card is designed to support […] - [MeridianLink Streamlines Solarity Credit Union’s Mortgage Lending into a Single, Efficient Solution](https://thecreditunionconnection.com/meridianlink-streamlines-solarity-credit-unions-mortgage-lending-into-a-single-efficient-solution/): Open API allows for easy integration with outside partners and their core systems MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, successfully implemented MeridianLink® Mortgage for Solarity Credit Union. Already a customer of MeridianLink® Consumer and with around 50,000 members, the Washington state-based credit union selected the mortgage loan origination system (LOS) for its ability to streamline and centralize lending. Before MeridianLink Mortgage, Solarity Credit Union used 13 different solutions for its mortgage department. Since implementing MeridianLink, the credit union seamlessly integrated its mortgage lending into a singular solution. The results include a streamlined application to […] - [Navy Federal Credit Union Recognized as ‘100 Best Companies to Work For®’ in 2025](https://thecreditunionconnection.com/navy-federal-credit-union-recognized-as-100-best-companies-to-work-for-in-2025/): Navy Federal Credit Union has been recognized by Great Place To Work® and Fortune magazine as one of the Fortune 100 Best Companies to Work For® in 2025. This is Navy Federal’s 15th time being named to this prestigious list. “Our team is the heartbeat of our mission,” said Holly Kortright, chief human resource officer at Navy Federal. “Without them, we couldn’t deliver outstanding member experiences to the communities we serve. We invest in our people to create not only a great workplace but also an environment where innovation, growth, trust, and success thrive every day.” The 100 Best Companies to Work For […] - [Partners 1st Federal Credit Union Converts to Tyfone to Innovate Digital Banking](https://thecreditunionconnection.com/partners-1st-federal-credit-union-converts-to-tyfone-to-innovate-digital-banking/): Credit union to enhance members’ digital experience with advanced features Digital banking provider Tyfone today announced Partners 1st Federal Credit Union (Partners 1st, Fort Wayne, Ind.-based and 45,600 members) selected its nFinia® Digital Banking Platform for consumer and business account holders to elevate its digital banking experience and provide members with a seamless, user-friendly platform. Partners 1st’s current digital provider is Cubus One, which is now part of Tyfone. Clinton Miller, CEO of Partners 1st, explained, “Upgrading to Tyfone’s nFinia platform made complete sense with our strategic business goals. Our primary focus will be on digital investments over the next three to five […] - [XCEL Federal Credit Union Successfully Launches Mahalo’s Thoughtful Banking® Platform](https://thecreditunionconnection.com/xcel-federal-credit-union-successfully-launches-mahalos-thoughtful-banking-platform/): Credit union enhances member experience with secure, intuitive platform offering advanced financial tools Mahalo Banking today announced that New Jersey-based XCEL Federal Credit Union (XCEL FCU) has successfully launched its Thoughtful Banking® platform. This partnership modernizes XCEL FCU’s digital banking experience and expands its ability to integrate new third-party solutions, equipping its members with a secure, intuitive, feature-rich platform. XCEL FCU sought a next-generation digital banking provider in conjunction with its core provider conversion, with a goal of transforming their digital infrastructure. Mahalo’s seamless integration with Corelation Keystone, commitment to ongoing innovation, and member-centric approach made it the ideal choice […] - [Jack Henry's Brynn Ammon Talk Innovations, AI and Prepping Credit Union Tech for the Future](https://thecreditunionconnection.com/jack-henry-brynn-ammon-credit-union-innovation/): More people turn to digital banking services daily, making it crucial for credit unions to balance seamless digital member experiences with robust security. Part of that process will involve credit unions cleaning up their data and preparing for ever-increasing digital-first engagement, according to Jack Henry President of Credit Union Solutions Brynn Ammon. Ammon met up with host Sarah Snell Cooke to discuss Jack Henry’s latest innovations and how credit unions can be ready for the future by embracing AI and cloud-based technologies. Disclosure: Transcript below video is automatically generated. Sarah Cooke 0:00Hello and welcome to The Credit Union Connection. I’m […] - [Inclusiv Takes Legal Action Against EPA Seeking the Release of Clean Communities Investment Accelerator Funds](https://thecreditunionconnection.com/inclusiv-takes-legal-action-against-epa-seeking-the-release-of-clean-communities-investment-accelerator-funds/): Inclusiv has filed affirmative litigation in the United States District Court for the District of Columbia against the U.S. Environmental Protection Agency (EPA) and Citibank, seeking declaratory and injunctive relief from EPA’s baseless attempt to terminate a program created and funded by Congress.   Inclusiv is one of five Clean Communities Investment Accelerator (CCIA) award recipients under the Greenhouse Gas Reduction Fund (GGRF) that have been unable to draw Congressionally allocated funds for several weeks. EPA’s harmful actions to prevent Inclusiv and other GGRF awardees from deploying the funds are denying American families and small businesses access to affordable financing […] - [Callahan & Associates Celebrates 40 Years Of Credit Union Impact](https://thecreditunionconnection.com/callahan-associates-celebrates-40-years-of-credit-union-impact/): Callahan & Associates proudly marks its 40th anniversary, celebrating four decades of innovation, leadership, and commitment to serving the credit union industry. Since its founding in 1985, Callahan has been at the forefront of industry transformation, providing data-driven insights, strategic guidance, and fostering collaboration among credit union leaders nationwide. Founded by industry visionaries Ed Callahan, Chip Filson, and Bucky Sebastian, Callahan has grown from a small startup into a trusted partner serving more than 750 credit unions and 200 industry vendors across the country. What began as a mission to deliver meaningful data and insights has evolved into a broader […] - [TruStageTM and Children’s Miracle Network Hospitals ® Announce New Sponsorship Agreement  ](https://thecreditunionconnection.com/trustagetm-and-childrens-miracle-network-hospitals-announce-new-sponsorship-agreement/): TruStageTM, a leader in providing insurance and financial services to credit unions and their members, is proud to announce its new sponsorship agreement with Children’s Miracle Network Hospitals® (CMN Hospitals). As a part of the new agreement, TruStage will  commit  $392,500 to CMN Hospitals through Credit Unions for Kids (CU4Kids), the charity of choice for the credit union industry. The dollars will be used to sponsor nine events across the country, aimed at raising funds and awareness for the treatment and care of children in local hospitals. “We are honored to support the incredible work of Children’s Miracle Network Hospitals […] - [Mazuma Credit Union Wins Four Diamond Awards Amid Record-Breaking Competition](https://thecreditunionconnection.com/mazuma-credit-union-wins-four-diamond-awards-amid-record-breaking-competition/): Diamond Awards Recognize and Reward Excellence in Credit Union Marketing Mazuma Credit Union was among nation-wide credit unions named as winners of the prestigious Diamond Award – the Marketing, PR & Development Council’s annual competition for marketing excellence, creativity, and impact. Credit unions, advertising agencies, and associations submitted 1,400 submissions for the prestigious awards, which were presented during a ceremony in Austin, Texas on March 25th. Mazuma’s Marketing Team took home Diamond Awards in four categories. After being recognized with Brand Awareness awards in 2023 and 2024, this year the team received the Category’s Best award for Brand Awareness, which […] - [For Fifth Straight Year, BayPort Wins in America's Credit Unions' Diamond Awards for Creative Excellence and Honored with Three Awards](https://thecreditunionconnection.com/for-fifth-straight-year-bayport-wins-in-americas-credit-unions-diamond-awards-for-creative-excellence-and-honored-with-three-awards/): For the fifth consecutive year, BayPort Credit Union has won in the Diamond Awards by America’s Credit Unions’ Marketing, PR and Business Development Council. This year, BayPort is honored with three awards in the Public Relations, Financial Education, and Ongoing Event categories. BayPort is one of nine credit unions in Virginia and only three in Hampton Roads to have won. BayPort is pleased to be the only credit union in Virginia to win three Diamond Awards this year, attributing its continuous success to its marketing department’s in-house creative and promotional efforts. In the Public Relations category, BayPort was recognized for the second launch of the $500,000 Accelerating Change […] - [ELGA Credit Union Partners with Pocketnest](https://thecreditunionconnection.com/elga-credit-union-partners-with-pocketnest/): Credit union delivers members trailblazing financial wellness platform ELGA Credit Union, a Michigan-based credit union with $1.6 billion in assets, partners with woman-founded financial wellness platform Pocketnest to deliver hyper-personalized finance tools to its nearly 100,000 members. “At ELGA Credit Union, we’re revolutionizing financial wellness by equipping our members with cutting-edge tools like Pocketnest,” said Zach Eychaner, vice president of digital experience, ELGA Credit Union. “This partnership is a bold move toward building a more financially resilient community and deepening our lifelong relationships with our members.” Pocketnest is a proven credit union partner, serving more than 50 enterprise clients, with integrations and relationships with […] - [Credit Union Impact Foundation and Vizo Financial Open Grant Applications to Support Credit Unions and Communities](https://thecreditunionconnection.com/credit-union-impact-foundation-and-vizo-financial-open-grant-applications-to-support-credit-unions-and-communities/): The Credit Union Impact Foundation, the charitable arm of The League of Credit Unions, has opened the application portal for the Growth and Impact Grant Program. This program provides financial support to credit unions and chapters across Alabama, Florida, Georgia, and Virginia and includes three distinct grant opportunities: the Community Impact Grant Program, powered by Vizo Financial, and the Credit Union Development Grant Program and Professional Development Grant Program. This year, a total of $200,000 has been allocated to support credit unions and chapters in creating meaningful impact for the members they serve and their communities. Of that total, $50,000 […] - [Wescom Resources Announces New Branding and Website, Posts Outstanding Results for 2024](https://thecreditunionconnection.com/wescom-resources-announces-new-branding-and-website-posts-outstanding-results-for-2024/): Leading technology CUSO, rebranded as Wescom Resources, achieves outstanding growth in support of its mission to support credit unions’ data management needs through innovative technology enhancements and partnerships. Wescom Resources is excited to announce a revamped website and refined branding, following outstanding growth in 2024. The new website, launched today, features a clean, modern design and easy navigability for current and prospective clients alike. The goal of the refresh is to highlight Wescom Resources’ streamlined brand image and innovative client engagement model. Wescom Resources (formerly Wescom Resources Group) decided to change its name to reinforce the seamless, service-first relationships the […] - [Climb Credit Union Shines Bright with Seven Diamond Awards Amid Record-Breaking Competition](https://thecreditunionconnection.com/climb-credit-union-shines-bright-with-seven-diamond-awards-amid-record-breaking-competition/): Climb Credit Union was among 180 credit unions nationwide named as winners of the prestigious Diamond Award – the America’s Credit Union’s Marketing, PR & Development Council’s annual competition for marketing excellence. Climb CU received the following awards:  These awards are a testament to Climb CU’s commitment to excellence in credit union marketing and member engagement. Credit unions, advertising agencies, and associations submitted over 1,400 entries for the prestigious awards. In all, 180 organizations from 42 states were selected as winners. Climb Credit Union recently underwent a transformative rebranding from Sooper Credit Union, marking a new chapter in its journey […] - [Trust and Convenience Drive Satisfaction with Credit Unions but Overdraft Fees Present Risks, Finds](https://thecreditunionconnection.com/trust-and-convenience-drive-satisfaction-with-credit-unions-but-overdraft-fees-present-risks-finds/): Better interest rates and lower fees offered by credit unions have been a winning combination to earn consistently high satisfaction scores during periods of economic uncertainty. According to the J.D. Power 2025 U.S. Credit Union Satisfaction Study,SM released today, overall satisfaction among credit union members remains unchanged from 2024 at 729 (on a 1,000-point scale). However, satisfaction by age group has changed year over year. Among members under age 40 satisfaction has declined 4 points and is 16 points lower compared with those age 40 and older. For most credit unions, digital interactions and overdraft fees create some challenges, particularly for […] - [Glia Announces GVA Learning 360: First AI Virtual Assistant to Generate Responses Based on Human Agent Conversations](https://thecreditunionconnection.com/glia-announces-gva-learning-360-first-ai-virtual-assistant-to-generate-responses-based-on-human-agent-conversations/): Unlike Traditional Chatbots, GVA Learning 360 Absorbs the Wisdom of Human Agents, Not Just Documents—Cutting AI Onboarding Time and Bringing Uniformity to AI and Human Customer Experiences  Glia has announced Glia Virtual Assistant (GVA) Learning 360, a first-of-its-kind AI solution that learns how a contact center’s best agents would respond to a customer request and uses the intelligence to automatically generate answers for their GVA—significantly advancing beyond industry-standard AI virtual assistants that rely solely on written documents. “Most institutions have been forced to choose between quick-to-deploy but generic AI or spending months manually training a bot that still can’t match their best […] - [First Commonwealth Federal Credit Union Honored with Two Diamond Awards for Innovative Small-Minded Banking Campaign](https://thecreditunionconnection.com/first-commonwealth-federal-credit-union-honored-with-two-diamond-awards-for-innovative-small-minded-banking-campaign/): First Commonwealth Federal Credit Union has been recognized among the nation’s best in credit union marketing, earning two prestigious Diamond Awards from America’s Credit Unions. The credit union received honors in the Video Commercial – Single or Series and Brand Awarenesscategories for its Small-Minded Banking campaign, a bold initiative redefining the term “small-minded” to emphasize personalized service, community focus, and exceptional value for members. The Diamond Awards celebrate excellence in credit union marketing, recognizing organizations that push creative boundaries to elevate brand awareness and member engagement. This year’s competition saw a record-breaking 1,400 submissions, with 180 credit unions, agencies, and associations from 42 states […] - [Travis Credit Union Earns 2025 Great Place To Work Certification™](https://thecreditunionconnection.com/travis-credit-union-earns-2025-great-place-to-work-certification/): Travis Credit Union (TCU) proudly announces it has been Certified™ by Great Place To Work®, a distinction based on feedback from current employees regarding their experiences at TCU. According to a survey, 81% of employees said TCU is a great place to work, 24 points higher than the average U.S. company. “We are proud to have achieved this certification based on our people, our culture, and our benefits. What makes it even more special is that 87% of employees surveyed feel good about the ways we contribute to the community,” said Catherine (CJ) Johnson, Travis Credit Union Senior Vice President and […] - [NCUA Prohibits Six Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-six-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration issued four consent orders and two prohibition notices in March 2025. The individuals named below are prohibited from participating in the affairs of any federally insured depository institution. Consent Prohibition Order: Notice of Prohibition: In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union — have violated a law, rule, or regulation; breached a […] - [SchoolsFirst FCU Sponsors Heroes of Arts Education Gala](https://thecreditunionconnection.com/schoolsfirst-fcu-sponsors-heroes-of-arts-education-gala/): Third Annual Event Recognizes Community Leaders and Local Arts Educators Supporting and Bringing Arts Education to Schools SchoolsFirst Federal Credit Union, the largest credit union in California and the largest serving school employees and their families, served as the lead sponsor of the third annual Friends of Sacramento Arts Heroes of Arts Education Gala, which recognizes community leaders and local arts educators for their role in supporting and bringing arts education to local schools. The event was held on March 12 at The Sofia, Home of B Street Theatre in Sacramento. Friends of Sacramento Arts works to ensure equitable access to comprehensive arts […] - [InvestiFi appoints financial technology veteran Todd Clark as President and Chief Operating Officer](https://thecreditunionconnection.com/investifi-appoints-financial-technology-veteran-todd-clark-as-president-and-chief-operating-officer/): Clark joins to support InvestiFi in providing financial institutions with the best-in-class investment solutions to enable account holders to invest from checking. InvestiFi, the only InvestTech platform designed to allow investing to and from deposit accounts, has announced Todd Clark as its new President and Chief Operating Officer (COO). Clark will be responsible for overseeing key aspects of InvestiFi’s business, including sales, marketing, implementations, client success, customer service and finance, leveraging his experience across the financial industry.  Clark was CEO of CO-OP Solutions, a credit union network with industry-leading ATM, digital payment, security, and marketing services, from 2016-2023, growing the company to $500 million in revenue […] - [AI Progress and Adoption Are Accelerating – What Should CUs Consider?](https://thecreditunionconnection.com/ai-progress-and-adoption-are-accelerating-what-should-cus-consider/): By Connor Heaton, Director of AI, SRM At the start of 2025, DeepSeek, a Chinese artificial intelligence (AI) startup, sent shockwaves through the technological landscape with the release of its R1 model. More recently, Manus, another Chinese AI creator and component of Beijing Butterfly Effect Technology Ltd. Co, is grabbing headlines with its highly performant general AI agent, taking on extended tasks like analyzing e-commerce data, supplier sourcing, trip planning, and stock analysis. According to benchmarks, DeepSeek’s latest models are on par with U.S. counterparts like Anthropic, OpenAI, and Google, but at a lower price point and are open source. From a […] - [Future-Proof Your Credit Union: Youth Banking for Long-Term Growth](https://thecreditunionconnection.com/future-proof-your-credit-union-youth-banking-for-long-term-growth/): By Marcell King, General Manager, Incent The demographic makeup of credit union members is a pressing issue for the industry. A Filene Research Institute study found the median age of credit union members has risen from 42 to 52 over the past two decades. Additionally, a recent study by CUNA found that only 7% of credit union members fall within the 18-24 age range, compared to 18% of the total U.S. population. This disparity indicates credit unions are not resonating with younger generations, inhibiting growth and sustainability. Third-party fintechs, neobanks and digital-first banking competitors have captured younger consumers’ attention and […] - [Finastra introduces enhancements to LaserPro, adds customer benefits to the cloud solution](https://thecreditunionconnection.com/finastra-introduces-enhancements-to-laserpro-adds-customer-benefits-to-the-cloud-solution/): Finastra announced its cloud-based loan document preparation system, LaserPro, is now offering enhanced features and is seeing widespread adoption by community-based financial institutions. Since its launch, LaserPro has implemented valuable enhancements to its cloud version, including the following: Boosted by these enhancements, Finastra clients across the US are migrating LaserPro from on-premise installations to the cloud, choosing to take advantage of its many benefits to better serve their customers and improve back-office processes. Migrations to the cloud solution can be concluded in around three hours, with some financial institutions completing the process in 30 minutes or less. “With LaserPro in the […] - [NorthCountry Federal Credit Union Modernizes Item Processing with Alogent's Unify Platform to Drive Long-Term Success](https://thecreditunionconnection.com/northcountry-federal-credit-union-modernizes-item-processing-with-alogents-unify-platform-to-drive-long-term-success/):  Alogent announced that NorthCountry Federal Credit Union is migrating its front and back office item processing workflows to Unify, Alogent’s next-generation platform for all full- and self-service deposit channels. This transition from an on-premises solution to Alogent’s cloud-hosted installation of Unify represents a major step forward in streamlining NorthCountry’s Day 1 and Day 2 workflows, and will significantly enhance both operational efficiency and member services. “The move to Unify ensures NorthCountry remains agile and responsive to market demands, while allowing us to fully automate and centralize our item processing solutions,” said Lisa Huyer, Executive Vice President/CFO, at NorthCountry Federal Credit Union. “This migration […] - [Radiant Credit Union Offers Investment Services with Unifimoney](https://thecreditunionconnection.com/radiant-credit-union-offers-investment-services-with-unifimoney/): Members now have access to a variety of investment and trading options via the credit union’s website and app. Unifimoney announced today that Radiant Credit Union, a not-for-profit financial institution proudly serving the north-central Florida community since 1957, has added the Unifimoney platform to its already robust suite of digital financial products and services. As an institution that constantly pursues new technology to keep up with evolving financial trends and exceed member expectations, Radiant views Unifimoney as an opportunity to meet the unique needs of its members by giving them the powerful tools to build for a secure future. Unifimoney is […] - [Y-12 Federal Credit Union Upgrades Fleet, Enhances Self-Service Banking with NCR Atleos](https://thecreditunionconnection.com/y-12-federal-credit-union-upgrades-fleet-enhances-self-service-banking-with-ncr-atleos/): –NCR Atleos has announced that Oak Ridge, Tenn.-based Y-12 Federal Credit Union (Y-12 FCU) is revolutionizing member service with advanced technology through its relationship with Atleos. Specifically, Y-12 FCU decided to upgrade its entire fleet of self-service devices from a mix of ATMs and interactive teller machines (ITMs), to all Atleos ITMs. With this transition, Y-12 FCU was able to migrate transactions from the branch to the self-service channel, to drive efficiencies and a better and more convenient member experience. ITMs are essentially an ATM with live video chat that offers a virtual version of the in-person banking experience. Y-12 FCU and Atleos […] - [Global Credit Union Honors Alaska’s Military](https://thecreditunionconnection.com/global-credit-union-honors-alaskas-military/): Global Credit Union hosted its 30th Annual Alaska Military Appreciation Breakfast on February 14, 2025, to honor the Alaska Armed Services YMCA’s 13 Service Members of the Year recipients and the Military Spouse of the Year. Service members from all active-duty branches, as well as the Guard and Reserves, were nominated by their supervisors. Each nominee was then interviewed by a panel for recognition and awards based on their outstanding achievements. Guests included the command teams of the honorees, Global Credit Union Board members, and other members of Global’s senior leadership team. “This year marks the 30th anniversary of our […] - [Alkami Research Studies Reveal Industry Perceptions on Fraud Prevention and Data Protection](https://thecreditunionconnection.com/alkami-research-studies-reveal-industry-perceptions-on-fraud-prevention-and-data-protection/): Studies show banks and credit unions need to enhance prevention strategies; consumers want data protection in their digital banking experience  Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced today the findings of research that examined both financial institutions’ evolving approach to fraud prevention and consumers perceptions on data protection within the digital banking experience. Fraud losses reported by consumers and companies in 2024 totaled more than $12.5 billion, a 25% increase over losses reported in 2023. With financial fraud on the rise, Alkami’s proprietary research1 reveals that financial institutions are bracing for what 77% believe will be an all-time high in fraud cases in 2025, with 33% needing to do more […] - [PenAir’s 25th Annual Charity Golf Tournament Raises $75,000 for Navy-Marine Corps Relief Society](https://thecreditunionconnection.com/penairs-25th-annual-charity-golf-tournament-raises-75000-for-navy-marine-corps-relief-society/): PenAir Credit Union (PenAir) through its 501(c)(3) organization, the Friends of the Navy-Marine Corps Relief Society, is proud to announce the successful completion of its 25th Annual Charity Golf Tournament. The event, held on March 21, 2025, at Lost Key Golf Club in Perdido Key, Florida, raised $75,000 to benefit the Navy-Marine Corps Relief Society (NMCRS), marking a significant increase from the previous year’s $50,000 donation. “We are thrilled with the outcome of this year’s event and are deeply grateful to all who contributed,” said Lee Morgan, President and CEO at PenAir Credit Union. “The increased donation reflects our community’s unwavering support […] - [Three Credit Unions Announce New Hires; Luminate Names Young Professional of the Year](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-luminate-names-young-professional-of-the-year/): Three credit unions, including Day Air Credit Union and Redwood Credit Union, announced new hires, and Luminate presented the 2024 Young Professional of the Year Award. New Hires: Recognitions: Promotions: Appointments: - [UNCLE Credit Union Hosts ‘Bite of Reality’ Event for High School Students](https://thecreditunionconnection.com/uncle-credit-union-hosts-bite-of-reality-event-for-high-school-students/): On Friday, March 14, 2025, UNCLE Credit Union headquartered in Livermore, CA, provided 150 high school students at the Leadership Public School of Hayward with a “Bite of Reality” experience to learn what it’s like to have financial responsibilities and live on a budget. The Bite of Reality program is an interactive, mobile app-based simulation appealing to teenagers while giving them a taste of real-world financial realities. Teens are given a fictional occupation, salary, credit score, spouse and child, student loan debt, credit card debt, and medical insurance payments. Then, the student participants encounter various stations to “purchase” housing, transportation, […] - [Indiana Members Credit Union Contributes $1,000 to George Washington High School](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-1000-to-george-washington-high-school/): Indiana Members Credit Union (IMCU) presented a check for $1,000 to George Washington High School (Indianapolis, IN), as part of an ongoing school spirit debit card program.  The partnership allows George Washington fans the opportunity to show their school spirit and support the athletic program by signing up for a Continentals themed debit card.  Every time the card is used as a signature based transaction, George Washington Athletics benefits. The more cards that are in use, the larger the contribution.  Since beginning the program in 2021, George Washington High School has earned $4,000 through this IMCU giveback program.  In 2024, […] - [Honor Credit Union Announces Participation in Launch – Down Payment Assistance Program](https://thecreditunionconnection.com/honor-credit-union-announces-participation-in-launch-down-payment-assistance-program/): Honor Credit Union is excited to announce its participation in the Launch – Down Payment Assistance program, an initiative designed to help first-time homebuyers achieve their dream of homeownership. This annual program, offered in partnership with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), provides financial assistance of up to $20,000 in assistance for down payments, closing costs, and housing counseling to qualified buyers in our communities. Funding for the program opens on April 15, 2025, and is available on a first-come, first-served basis. Eligible first-time homebuyers who meet the program’s requirements are encouraged to apply early to take […] - [Cross Valley Federal Credit Union Alerts Members of Data Security Incident](https://thecreditunionconnection.com/cross-valley-federal-credit-union-data-breach/): Lydia Wedlock, editorial assistant, The Credit Union Connection Cross Valley Federal Credit Union has informed members of a data breach incident. In a letter sent out to members on December 4, 2024, Cross Valley discovered that there had been unauthorized access on its network and immediately took steps to secure its network and contain the intrusion. Additionally, the letter listed steps Cross Valley took to prevent more incidents in the future, such as additional verification clicks before links in emails open and enhanced security training. We reached out to Cross Valley for comment, and they said they’d been advised by […] - [Municipal Credit Union Foundation Donates $100,000 to The Ronald McDonald House of the Greater Hudson Valley](https://thecreditunionconnection.com/municipal-credit-union-foundation-donates-100000-to-the-ronald-mcdonald-house-of-the-greater-hudson-valley/): Municipal Credit Union will provide volunteers to support the families of children undergoing treatment at Maria Fareri Children’s Hospital The MCU Foundation, the charitable arm of Municipal Credit Union (MCU), today announced it has donated $100,000 to the Ronald McDonald House of the Greater Hudson Valley. This gift will go directly to providing support for families seeking treatment at Maria Fareri Children’s Hospital, many of whom are residents of the New York City area. The Ronald McDonald House of the Greater Hudson Valley (RMHGHV) provides support to hundreds of families each year while their children receive essential medical treatments and care, allowing families the […] - [Proudly Advocating for Small Credit Unions](https://thecreditunionconnection.com/advocating-for-small-credit-unions/): When you are new to a community, you have to take time to learn about it. That is exactly what Jennifer Audette did when she became CEO of POLAM Federal Credit Union. Being the first non-Polish CEO of the credit union, she took the time to listen to members’ needs and learn about the Polish community. She used her newfound knowledge to help her determine the credit union’s next steps. And, now she’s a strong advocate for her $72.3 million, 2,111-member credit union and its members and all smaller credit unions. Jennifer sat down with our Host and Founder Sarah […] - [DCUC Commends Senate's Passage of S.J.Res. 18, Joint Resolution on CFPB Overdraft Rule](https://thecreditunionconnection.com/dcuc-commends-senates-passage-of-s-j-res-18-joint-resolution-on-cfpb-overdraft-rule/): The Defense Credit Union Council (DCUC) commends the U.S. Senate’s recent passage of S.J.Res.18, a joint resolution targeting the Consumer Financial Protection Bureau’s (CFPB) final rule on “Overdraft Lending: Very Large Financial Institutions.” “We thank Chairman Tim Scott for his leadership in bringing this critical reform to the CFPB’s flawed overdraft fee rule,” said Anthony Hernandez, DCUC President & CEO. “This resolution affirms that when regulatory agencies exceed their authority or impose policies that harm consumers, Congress must intervene. Chairman Scott’s leadership has ensured that the perspectives of America’s hardworking families and community-based financial institutions are heard amongst the national conversation […] - [First Harvest Credit Union Awarded Category’s Best for Excellence in Credit Union Marketing & Public Relations](https://thecreditunionconnection.com/first-harvest-credit-union-awarded-categorys-best-for-excellence-in-credit-union-marketing-public-relations/): First Harvest Recognized by America’s Credit Unions for New Jersey Credit Union Food Cooperative Marketing Efforts First Harvest Credit Union (“First Harvest”) has been nationally recognized by America’s Credit Unions for their excellence in marketing and community engagement. First Harvest was awarded a Category’s Best Diamond Award for their marketing and public relations efforts surrounding the co-sponsored New Jersey Credit Union Food Cooperative. America’s Credit Union’s Marketing, PR & Business Development Council, a national network of more than 1,200 marketing, public relations and business development professionals within the credit union industry, selects the winners of the annual Diamond Awards based on strategy, […] - [USSFCU Recognized Nationally as a 2025 USA Today Top Workplace](https://thecreditunionconnection.com/ussfcu-recognized-nationally-as-a-2025-usa-today-top-workplace/): The United States Senate Federal Credit Union (USSFCU) is proud to announce that it has once again been named a 2025 USA Today Top Workplace, a national recognition that celebrates organizations with exceptional workplace cultures. This prestigious honor is based entirely on feedback from USSFCU employees who participated in a confidential, research-backed employee engagement survey conducted by Energage, a leading firm in workplace culture research. The survey measured several key culture drivers including alignment, execution, connection, and employee well-being—areas where USSFCU continues to excel. “We are honored to receive this national recognition,” said Timothy L. Anderson, President & CEO of USSFCU. “This award is a reflection […] - [Chartway Credit Union Named 2025 Diamond Awards Recipient Amid Record-breaking Competition](https://thecreditunionconnection.com/chartway-credit-union-named-2025-diamond-awards-recipient-amid-record-breaking-competition/): Chartway Credit Union was among 180 credit unions nationwide named as winners of the prestigious Diamond Award, the Marketing, PR & Development Council’s annual competition for marketing excellence. Chartway received the following recognition: a Category’s Best Diamond Award in the category of Foreign Language or Multilingual Campaign for a 2024 ITIN lending for the Hispanic community campaign which helped Hispanic individuals with an Individual Taxpayer Identification Number (ITIN) obtain a loan for a home or automobile while building trust for Chartway within its communities. “At Chartway Credit Union, we take immense pride in the work we do to uplift our members in all the […] - [Kids-N-Hope Foundation Raises Over $13,000 During its Spring Bingo Event](https://thecreditunionconnection.com/kids-n-hope-foundation-raises-over-13000-during-its-spring-bingo-event/): The Kids-N-Hope Foundation (“The Foundation”) raised around $13,000 during this month’s Purse and Power Tool Bingo event. 200 attendees enjoyed a night of bingo, raffles, and time with friends and family all while supporting the Foundation’s mission to fund music therapy programs and other child life services. Attendees had a wonderful time playing twenty rounds of bingo in total, for a variety of purse and power tool prizes. The Foundation’s Purse and Power Tool Bingo events for 2025 are off to an excellent start, with this past weekend’s event selling out of all available tickets. For those who may have […] - [Velera Launches New Website with Elevated and Enhanced Features](https://thecreditunionconnection.com/velera-launches-new-website-with-elevated-and-enhanced-features/): Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced the launch of its new website: Velera.com. This is one of the many integration initiatives the organization has undertaken since the PSCU/Co-op Solutions combination and rebranding to Velera in 2024.  “In today’s digital-first world, an organization’s website is more than a digital presence – it is a key element of a brand’s identity and user experience,” said Tom Pierce, chief marketing and communications officer of Velera. “We understand that a streamlined and engaging online experience is critical for our clients […] - [First Financial Federal Credit Union and St. Joeseph Medical Center Federal Credit Union Merge](https://thecreditunionconnection.com/first-financial-federal-credit-union-and-st-joeseph-medical-center-federal-credit-union-merge/): First Financial Federal Credit Union is pleased to announce its merger with St. Joseph Medical Center Federal Credit Union (SJMCFCU), a healthcare-based credit union in Towson, Maryland. The merger was approved by the SJMCFCU membership on March 18, 2025. St. Joseph Medical Center FCU serves all the employees of the St. Joseph Medical Center family including its employees, physicians and contracted staff. “We are excited for the opportunities this merger brings to St. Joseph Medical Center FCU members. First Financial offers a variety of financial products, convenient services, and the personal service our members have come to expect from their credit union,” stated […] - [Origence Announces AI Futurist Steve Brown as a Keynote Speaker for Lending Tech Live ’25](https://thecreditunionconnection.com/origence-announces-ai-futurist-steve-brown-as-a-keynote-speaker-for-lending-tech-live-25/): Former Google DeepMind Leader and Intel Futurist to Share Insights on AI’s Impact on Lending Origence, has announced AI futurist Steve Brown as a keynote speaker for its Lending Tech Live ’25 conference, scheduled for June 16-18, 2025, at the Omni Nashville Hotel in Nashville, Tenn. Steve Brown will deliver a keynote session titled “AI now and next: Getting ready for the future of AI.” In this session, he explains AI in accessible terms, demonstrates its latest capabilities, and details how companies and individuals can prepare to surf the coming AI wave. Attendees will: Steve Brown is a leading expert on AI, […] - [LAFCU celebrates reading month with a sweet lesson in financial literacy](https://thecreditunionconnection.com/lafcu-celebrates-reading-month-with-a-sweet-lesson-in-financial-literacy/): Credit union partners with Quality Dairy and Winans Elementary School for interactive event featuring reading, donuts, and money lessons In celebration of March as National Reading Month, LAFCU brought its Listen & Learn—All About Donuts program to Winans Elementary School in Lansing for a fun and educational event March 11. The Michigan credit union teamed up with Quality Dairy to offer first-grade students an engaging experience that combined reading, financial literacy, and hands-on donut decorating.  During the event, Phil Platte, marketing and category manager at Quality Dairy, read If You Give a Dog a Donut by Laura Numeroff to students. Following the reading, students […] - [SavvyMoney and TruStage™ Announce Seamless Integration to Enhance Loan Application Process](https://thecreditunionconnection.com/savvymoney-and-trustage-announce-seamless-integration-to-enhance-loan-application-process/): SavvyMoney, a leading provider of financial wellness tools and personalized loan offerings, is proud to announce an exciting new integration with TruStage™, a financially strong insurance, investment and technology provider, to enhance and streamline loan application processes for financial institutions and their consumers. Implementing 48 FI pilot credit unions when the product launched in December 2024, this collaboration enables seamless access to loan protection products, educating borrowers about insurance options tailored to their specific loan types. This innovative feature is designed to enhance the consumer experience while maintaining efficiency for financial institutions. Through this integration, loan applicants learn about available insurance options […] - [Texas Trust Gives Foundation, Employees Donated $315,000 in 2024](https://thecreditunionconnection.com/texas-trust-gives-foundation-employees-donated-315000-in-2024/): Texas Trust Gives Foundation, the charitable arm of Texas Trust Credit Union, boosted its giving in North Texas in 2024 to more than $315,000, an 18 percent increase over the total giving of $267,000 in 2023. The foundation detailed its activities in its 2024 annual report, noting that since it launched in 2020, well over $800,000 has been awarded to local school districts and beneficial community projects. “Our foundation is growing and so is our giving,” said Washima Huq, Executive Director of the Texas Trust Gives Foundation. “In 2024 we created a new community impact grant to help with needs outside of […] - [University Credit Union Selects Jeremy Calva as CFO](https://thecreditunionconnection.com/university-credit-union-selects-jeremy-calva-as-cfo/): University Credit Union (UCU) has selected Jeremy Calva to serve as its new Chief Financial Officer (CFO). He was placed by DDJ Myers, the well-known executive search and leadership development firm.  An executive with 25 years of expertise in financial services, Calva specializes in strategic planning, financial management, and risk mitigation. Most recently, he served as SVP/Chief Risk Officer for Rivermark Credit Union. Throughout his career he has held various senior leadership roles within the industry including chief financial officer, chief strategy officer and chief compliance and administrative officer.  “I am excited about the opportunity to join this team and leverage […] - [Service One Credit Union Donates $15,000 to the SKYCTC Foundation](https://thecreditunionconnection.com/service-one-credit-union-donates-15000-to-the-skyctc-foundation/): At their annual meeting on April 17th, Service One Credit Union proudly presented a $15,000 donation to the Southcentral Kentucky Community and Technical College Foundation (SKYCTC). This donation was in response to SKYCTC’s Annual Giving Day as a challenge to other donors; if 50 gifts were contributed, then Service One would donate $15,000. This impactful contribution was announced before a room full of members, solidifying Service One’s commitment to investing in the future of the community. The SKYCTC Foundation plays a vital role, acting as the college’s chief fundraising arm. These funds directly benefit programs and activities that empower students. […] - [Three Credit Unions Announce New Hires; Lake Area Mortgage Team Members Recognized as Top Originators](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-lake-area-mortgage-team-members-recognized-as-top-originators/): A few credit unions, including Robins Financial Credit Union and Centra Credit Union, announced new additions to their leadership teams, and Lake Area Mortgage announced that six of their team members were recognized in the Scotsman Guide 2025 Top Originators List. New Hires: Recognitions: Promotions: - [Rogue Credit Union’s Strong Start To 2025 Includes Steady Financial Performance, Community Engagement And Plans To Expand](https://thecreditunionconnection.com/rogue-credit-unions-strong-start-to-2025-includes-steady-financial-performance-community-engagement-and-plans-to-expand/): Rogue Credit Union announced strong financial results for the first quarter of 2025, with steady growth in key categories. Total assets grew at an annualized rate of 11.67% with $3.72 billion in assets, and the credit union experienced a return on assets of 0.95%. The credit union also continues to grow its membership base, now serving more than 212,000 members throughout southern Oregon and western Idaho. Rogue Credit Union’s equity position remains strong as the credit union closed the quarter with a 9.68% net worth ratio, well above the “well-capitalized” regulatory requirement of 7.00%. Rogue remains a trusted financial institution […] - [FORUM Launches SafisLife Financial Coaching & Digital Investing](https://thecreditunionconnection.com/forum-launches-safislife-financial-coaching-digital-investing/): FORUM Credit Union now has financial coaching and small dollar digital investing through its subscription-based service called SafisLife. With SafisLife, members receive guidance on all aspects of their financial wellness including budgeting, credit score improvement, asset allocation, lifestyle planning, debt management, and more. A financial coach works with the member using tools available from Enrich Financial Literacy to outline goals and create a wellness plan. This service is ideal for individuals in their 20s and 30s, but is available to members of any age. Members can automatically enroll in the SafisLife program and be partnered with a Financial Coach by opening a Prime Reserve […] - [Granite Credit Union Named Top 3 Finalist for Best Credit Union in Salt Lake City in 2025 Best of SLC Awards](https://thecreditunionconnection.com/granite-credit-union-named-top-3-finalist-for-best-credit-union-in-salt-lake-city-in-2025-best-of-slc-awards/): Recognition highlights Granite Credit Union’s commitment to members and community impact Celebrating 90 Years of Service to the Community At an awards ceremony on April 16th, Granite Credit Union was named a Top 3 Finalist for Best Credit Union in Salt Lake City in the 2025 Best of SLC Awards. This recognition underscores the credit union’s deep commitment to service, financial empowerment, and meaningful community involvement. “We are incredibly honored to be recognized as a Top 3 finalist,” said Mark Young, President and CEO of Granite Credit Union. “As we mark our 90th anniversary, this recognition is a meaningful tribute […] - [Kitsap Credit Union Announces Executive Leadership Expansion](https://thecreditunionconnection.com/kitsap-credit-union-announces-executive-leadership-expansion/): Kitsap Credit Union is excited to announce the promotion of Eric Crabtree to Senior Vice President / Chief Digital Experience Officer. This strategic leadership update reflects Kitsap Credit Union’s continued investment in innovation, growth, and exceptional service for its members. Eric Crabtree Promoted to Senior Vice President / Chief Digital Experience Officer In his new role, Eric Crabtree will lead the credit union’s digital strategy across all member touch points, overseeing both the Vice President of Operations and the Vice President of Digital Innovation. His leadership will ensure a unified, forward-thinking digital experience aligned with Kitsap Credit Union’s mission to meet members’ evolving needs. “We’re […] - [GoWest Opens Nominations for Prestigious Industry Awards](https://thecreditunionconnection.com/gowest-opens-nominations-for-prestigious-industry-awards/): Award Winners to Be Honored at MAXX 2025 GoWest Credit Union Association is proud to announce the opening of nominations for its annual awards, celebrating credit union excellence across the region. Nominations will be accepted April 14 through May 30, 2025, and recipients will be honored at the highly anticipated MAXX event this fall. These awards recognize the outstanding individuals and credit unions who are raising the bar in service, innovation, advocacy, and collaboration across GoWest’s six-state region. Award categories include: “These awards shine a light on the real tangible value credit unions deliver to their members and the ripple […] - [NCUA Disruption Sparks Future-Focused Strategies for Credit Unions](https://thecreditunionconnection.com/ncua-disruption-sparks-future-focused-strategies-for-credit-unions/): The National Credit Union Administration (NCUA) is facing a period of significant upheaval following the abrupt removal of board members Todd Harper and Tanya Otsuka, an event that has thrown the agency into a state of uncertainty and sparked widespread concern across the credit union industry. This turmoil coincides with discussions among credit union leaders and futurists at NACUSO Reimagine about how to navigate future disruptions, emphasizing the importance of strategic foresight and scenario planning.   Read Harper’s reaction and news analysis here – “NCUA in Crisis: “Wrongful” Firings Leave Credit Union Watchdog Crippled” Economist and futurist Rebecca Ryan spoke about […] - [Black Dragon Capital℠ and CCG Catalyst on FinTechs](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-and-ccg-catalyst-on-fintechs/): The Partnership Aims to Identify Innovative Technologies to Address the Needs of Community Based Financial Institutions and Credit Unions Black Dragon Capital℠ has partnered with leading banking consulting and research advisory firm CCG Catalyst to identify innovative financial technologies that solve critical needs for community banks and credit unions. Black Dragon Capital℠ (“Black Dragon”) was founded over a decade ago by recognized financial technology and Credit Union and community banking leaders who created the firm’s completely different approach to investing. Led by a collaborative team, Black Dragon Capital℠ has a unique approach to investing which combines deep domain operating expertise, […] - [Origence Announces Sheryl Connelly As Keynote Speaker For Lending Tech Live ’25 Conference](https://thecreditunionconnection.com/origence-announces-sheryl-connelly-as-keynote-speaker-for-lending-tech-live-25-conference/): Origence announces global consumer trends expert and former Chief Futurist at Ford Motor Company, Sheryl Connelly, as a keynote speaker for its Lending Tech Live ’25 conference, scheduled for June 16-18, 2025, at the Omni Nashville Hotel in Nashville, Tenn. As chief futurist at Ford Motor Company for 27 years, Connelly helped Ford anticipate disruptions and build resilience into business strategies by recognizing signals of change and delivering unique consumer insights. Her work has informed capital allocation and product development, and her thought leadership has been featured in major publications such as The Wall Street Journal, Reuters, Financial Times, Forbes, and the […] - [GTE Financial Launches New Heritage Credit Card with Best-In-Class Rewards and Lower Fees](https://thecreditunionconnection.com/gte-financial-launches-new-heritage-credit-card-with-best-in-class-rewards-and-lower-fees/): Commemorating 90 Years of Service to Tampa, GTE Financial Introduces the Ultimate Credit Card for Rewards Savvy Consumers GTE Financial is excited to announce the upcoming launch of its new Heritage Credit Card, available in May 2025. With a design inspired by the rich history of Tampa, this credit card celebrates the credit union’s 90-year legacy of serving its members and the local community. Heritage Credit Cardholders earn points on every purchase, up to four times the points on travel and dining, redeemable for cash back, travel, gift cards and more.  “We’re thrilled to unveil the Heritage Credit Card as […] - [Jack Henry Now Accepting Entries for the 2025 Cobalt Awards](https://thecreditunionconnection.com/jack-henry-now-accepting-entries-for-the-2025-cobalt-awards/): Recognition program celebrating creativity and community dedication enters second year Jack Henry™ (Nasdaq: JKHY) is accepting entries for the 2025 Cobalt Awards through May 12, continuing to celebrate innovation by financial institutions and fintechs, dedication to people and communities, and a passion for reducing barriers to financial health. The Cobalt Awards provide a platform for banks, credit unions, and fintechs to be recognized for their creativity and imagination while also giving back to their communities. These prestigious awards aim to inspire, motivate, and strengthen relationships by showcasing success stories. There are three award categories: Eligibility: Award nominees must be existing Jack Henry customers and must use at least […] - [VantageScore® Launches All New 5.0 Credit Score Model, Delivering Industry-Leading Predictive Performance Based on Novel Attributes and Post-Pandemic Consumer Data](https://thecreditunionconnection.com/vantagescore-launches-all-new-5-0-credit-score-model-delivering-industry-leading-predictive-performance-based-on-novel-attributes-and-post-pandemic-consumer-data/): VantageScore today announced the launch of its newest tri-bureau credit score model, VantageScore 5.0. Building on VantageScore’s history of credit score innovation, VantageScore 5.0 utilizes the company’s all-new, patent-pending attributes to offer enhanced insights on consumer creditworthiness. VantageScore 5.0 provides an additional predictive lift of up to 9% on unsecured loans, including credit cards, retail cards and personal loans for thin credit file consumers compared to VantageScore 3.0. VantageScore 5.0 was trained, in part, on consumer loan data from after the pandemic when consumer credit behaviors changed significantly. “The credit landscape is evolving rapidly. VantageScore 5.0 is at the forefront of […] - [NCUA in Turmoil: Political Winds Batter Credit Union Regulation](https://thecreditunionconnection.com/ncua-turmoil-political-winds-batter-credit-union-regulation/): A maelstrom of uncertainty has engulfed the National Credit Union Administration (NCUA) following the abrupt removal of board members Todd Harper and Tanya Otsuka. This upheaval has not only paralyzed the agency’s ability to enact new policies but has also ignited a debate about the extent of political influence over this crucial regulatory body.   In an interview with Brian Lauer of Messick, Lauer and Smith provided valuable insights into the complex legal and political ramifications of this situation. Lauer explained that the NCUA, established by an act of Congress, is designed to be an independent agency within the executive branch, […] - [The Velera Payments Index: April 2025](https://thecreditunionconnection.com/the-velera-payments-index-april-2025/): Today, Velera – formerly PSCU/Co-op Solutions, published the April edition of the Velera Payments Index and announced an evolution of the monthly report: Welcome to the five-year anniversary edition of the Velera Payments Index – our ongoing commitment to delivering timely insights into relevant consumer payment behaviors. What began in 2020 as a weekly consumer transaction insights report in the early days of the pandemic has transitioned into four years of the monthly Payments Index. As consumer spending patterns continue to shift, we remain dedicated to providing relevant and actionable updates. Beginning with this April edition, the Payments Index will retain its monthly cadence, but […] - [DCUC Welcomes Canvas Credit Union to Membership](https://thecreditunionconnection.com/dcuc-welcomes-canvas-credit-union-to-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Canvas Credit Union as its newest affiliate member. Canvas is a member-focused financial institution dedicated to helping individuals and families afford life. Originally founded in 1938 as Public Service Employees Credit Union, it rebranded to Canvas in 2018 to reflect its growth and evolving identity. Despite changes in name and technology, its mission remains the same: to support over 300,000 members in achieving their goals with honest, simple financial services. Canvas is guided by five core values: prioritizing people, leading with heart, offering user-friendly experiences, being a community leader and becoming a trusted name […] - [Financial Institutions Have the Power to F.I.G.H.T. Human Trafficking](https://thecreditunionconnection.com/financial-institutions-have-the-power-to-f-i-g-h-t-human-trafficking/): The following release is the opinion and analysis of Samantha A.M. Beeler, President of The League of Credit Unions & Affiliates: Human trafficking is a $236 billion industry built on exploitation, violence, and control—and it is often hiding in plain sight.[1] With an estimated 50 million people in modern slavery today (and countless others undetected), human trafficking is the second most profitable illegal industry in the United States, second only to illegal drugs.[2] Despite its scale, human trafficking remains notoriously difficult to detect and disrupt. Victims face countless barriers to seeking help—fear, trauma, manipulation, language barriers, immigration status, or mistrust of […] - [Alliant Credit Union Foundation Grants $108K to Boost AI and Digital Programs at Ridgewood High School](https://thecreditunionconnection.com/alliant-credit-union-foundation-grants-108k-to-boost-ai-and-digital-programs-at-ridgewood-high-school/): Funding will Provide AI Tools, Teacher Training, and Career Preparation for Students Pursuing Emerging Technology Fields To prepare students for the future, the Alliant Credit Union Foundation has awarded a $108,000 grant to Digital Leaders Now, the nonprofit that powers the Digital Leaders Academy at Ridgewood Community High School District 234, to support the implementation of innovative digital opportunity programs. The initiative will begin rolling out in Spring 2025, with full program implementation for the 2025-2026 school year. The grant will help students gain critical digital skills, enhance career preparation opportunities at Ridgewood and beyond, and ensure teachers have the necessary resources […] - [Desert Financial Launches Kickstart Accounts For Kids](https://thecreditunionconnection.com/desert-financial-launches-kickstart-accounts-for-kids/): The free program helps children and teens build strong financial habits Desert Financial Credit Union announces Kickstart, a free program and checking account for members designed to teach kids how to budget, save and spend money safely with adult supervision. The program allows parents and guardians to send money to and set spending limits on their child’s account. Kickstart also provides access to an online child-friendly programming that is designed to make financial education fun and rewarding. Through the Desert Financial mobile app, kids earn trophies for accomplishments like setting a budget, completing assigned chores, meeting savings goals and paying […] - [Park Community Credit Union’s CEO, Jana Erny, Recognized as One of the Top 20 Dynamic CEOs of 2025](https://thecreditunionconnection.com/park-community-credit-unions-ceo-jana-erny-recognized-as-one-of-the-top-20-dynamic-ceos-of-2025/): Park Community Credit Union President and CEO, Jana Erny, has been named one of the Top 20 Dynamic CEOs of 2025 by The CEO Publication. This prestigious recognition highlights her visionary leadership, dedication to financial empowerment, and commitment to fostering community growth. Under Jana’s leadership, Park Community embarked on an award-winning brand evolution and worked to expand its community impact; ensuring greater financial inclusion and providing personalized banking solutions that put members first. Her focus on empowering underserved communities, advancing financial literacy, and fostering a culture of inclusivity has positioned Park as a leader in the financial industry. “From day one, Jana has […] - [Tru Treasury Named 2025 CUSO of the Year at NACUSO Reimagine Conference](https://thecreditunionconnection.com/tru-treasury-named-2025-cuso-of-the-year-at-nacuso-reimagine-conference/): Tru Treasury was presented the 2025 CUSO of the Year at the National Association of Credit Union Service Organizations (NACUSO) Reimagine Conference in Las Vegas this week.  Tru Treasury received this recognition for its outstanding contributions to the credit union industry through collaborative innovation, exceptional service delivery, and its commitment to helping credit unions compete effectively in the treasury management space.  “Being named CUSO of the Year is an incredible honor and a reflection of the passion and purpose that drives our team every day,” said John Ballantyne, CEO of Tru Treasury. “From day one, we set out to build […] - [Verity Credit Union Names Industry Veteran as New Chief Lending Officer ](https://thecreditunionconnection.com/verity-credit-union-names-industry-veteran-as-new-chief-lending-officer/): Paul Barenfus joins the credit union’s executive team to bolster and expand its lending services and product offerings  Verity Credit Union today announced the appointment of Paul Barenfus as Chief Lending Officer. This strategic leadership appointment strengthens the credit union’s lending expertise, deepening its impact in marginalized communities and furthering its commitment to dismantling financial barriers through inclusive, socially responsible and community-driven banking. Barenfus brings 20+ years of financial expertise to Verity’s executive leadership team. His community-first leadership approach and dedication to service align with Verity’s mission to create pathways to prosperity for all, particularly historically excluded populations. Barenfus’ career spans various roles […] - [BenefisCU Powered by TRISCENDNP Recognized as 2025 ‘New CUSO of the Year’ by NACUSO](https://thecreditunionconnection.com/benefiscu-powered-by-triscendnp-recognized-as-2025-new-cuso-of-the-year-by-nacuso/): Honor reflects the organization’s commitment to advancing credit union success through customized executive benefit plans, risk management solutions BenefisCU powered by TRISCENDNP today was awarded the 2025 “New CUSO of the Year” by the National Association of Credit Union Service Organizations at the NACUSO Network Conference in Las Vegas, Nevada. BenefisCU was honored with the “New CUSO of the Year” award as a testament to its dedication to enhancing the financial health and operational effectiveness of credit unions across the country. “This recognition underscores BenefisCU’s commitment to delivering industry-leading executive benefit plans and risk management solutions tailored specifically for credit unions, their members […] - [EECU Opens North Frisco Financial Center Located Inside H-E-B](https://thecreditunionconnection.com/eecu-opens-north-frisco-financial-center-located-inside-h-e-b/): North Texas based credit union EECU officially opened its newest Financial Center located inside the H-E-B Frisco store at Highway 380 and FM 423. The North Frisco Financial Center is EECU’s 20th location in North Texas, and the third Financial Center to open in Collin County. The Financial Center features a clean and modern look, with two Personal Teller Machines for quick, convenient transactions and an option to video chat for live assistance. The Financial Center also features two Dialogue Offices where Members can meet with an experienced advisor to have a conversation about their financial needs, from home buying and auto loans […] - [Indiana Members Credit Union Named To Newsweek’s America’s Best Regional Banks And Credit Unions For Second Year](https://thecreditunionconnection.com/indiana-members-credit-union-named-to-newsweeks-americas-best-regional-banks-and-credit-unions-for-second-year/): Indiana Members Credit Union (IMCU), Central Indiana’s largest credit union, is pleased to announce they have been recognized as one of America’s Best Regional Banks and Credit Unions 2025 by Newsweek and Plant-A Insights Group for a second year.  Newsweek and Plant-A Insights Group recognized top regional banks and credit unions in the United States, by conducting a large-scale study based on the analysis of over 9,000 institutions, more than 70,000 customer surveys and millions of social media reviews.  “Regional banks and credit unions are the financial backbone of communities nationwide as they support small businesses, fund local projects and […] - [SECU Foundation Grants $500,000 to Raleigh Rescue Mission for New Campus to Help Address Homelessness](https://thecreditunionconnection.com/secu-foundation-grants-500000-to-raleigh-rescue-mission-for-new-campus-to-help-address-homelessness/): SECU Foundation has awarded a $500,000 challenge grant to Raleigh Rescue Mission (RRM) to support the non-profit’s construction of a new campus in Knightdale for women and children experiencing homelessness. The future 100-room facility will provide long-term transitional housing for up to 350 women and children as well as a child development center.  RRM provides comprehensive services to help homeless individuals gain stability and self-sufficiency. They report that 84% of their clients find employment at the conclusion of their program. Currently, RRM is able to assist 120 individuals in its Raleigh location and serve 18 families in transitional apartments. Their capacity to help […] - [Alkami and Cornerstone Advisors Release New Digital Banking Performance Metrics Report](https://thecreditunionconnection.com/alkami-and-cornerstone-advisors-release-new-digital-banking-performance-metrics-report/): Analysis shows increasing parity in digital banking performance over the last six years Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced today the release of its latest research in partnership with Cornerstone Advisors. The 2025 Digital Banking Performance Metrics Report is compiled from self-reported data collected in fiscal year 2024 from a sample of banks and credit unions with an average asset size of $4.7 billion. Now in its sixth year, the report equips banks and credit unions with critical intelligence to evaluate and benchmark their digital banking performance. This year’s edition marks a significant evolution in the research analysis. While previous reports […] - [NCUA in Transition: "Wrongful" Firings Stymie Credit Union Watchdog](https://thecreditunionconnection.com/ncua-in-crisis-wrongful-firings-leave-credit-union-watchdog-crippled/): This story is still developing. Check back often for additional updates (4/18 @4:20 EST Update). The National Credit Union Administration released today the following message to all employees on the current state of the NCUA Board: “On April 17, the NCUA received confirmation that President Donald J. Trump terminated the positions of Todd Harper and Tanya Otsuka. Please be aware that Todd, Tanya, and their staff are no longer employed with the agency. We thank them for their service. “The departure of two of our three NCUA Board Members has led to speculation within the credit union industry and trade […] - [Building More Than Blocks: How LEGO Shaped My Approach to Software Development](https://thecreditunionconnection.com/building-more-than-blocks-how-lego-shaped-my-approach-to-software-development/): Brett Wooden, FI Software Strategist, Buildable I’ve been building with LEGO bricks for as long as I can remember. Before the days of themed sets—before LEGO partnered with Marvel, Star Wars or DC—there were just blocks and an endless world of imagination.  Back then, you didn’t have instructions to guide you in recreating an iconic spaceship or superhero lair; you had to build from scratch, relying on creativity, problem-solving and an unshakable desire to create something unique. Those who really know me today know I’m still a LEGO builder. At night, I unwind by building, always looking for ways to unleash […] - [Vertice AI Closes Out First Quarter with Strong Customer Growth, Expanded Product Suite](https://thecreditunionconnection.com/vertice-ai-closes-out-first-quarter-with-strong-customer-growth-expanded-product-suite/): Seven new credit unions signed, newly launched solution modules, award recognition, expanded partnerships Vertice AI today announced a strong first quarter (Q1) with significant momentum. The company increased its customer base, contributing to overall enterprise growth by more than 30 percent. In addition, Vertice AI launched two new solutions designed to enhance member acquisition and engagement and strengthened its industry presence through strategic partnerships. Seven new credit unions—including Timberland FCU, Benchmark FCU, MC Federal CU, Hidden Rivers CU, Hope South FCU, Steel Strong FCU, and PA Central FCU—partnered with Vertice AI in Q1 to improve member growth, retention, and acquisition. […] - [First Commonwealth Expands Access to Personal Loans Through Partnership with Upstart](https://thecreditunionconnection.com/first-commonwealth-expands-access-to-personal-loans-through-partnership-with-upstart/): First Commonwealth Federal Credit Union has partnered with Upstart (NASDAQ: UPST) to expand access to personal loans and better serve its growing membership across Pennsylvania and New Jersey. “At First Commonwealth, we’re committed to financial empowerment for all,” said Terry Grier, Chief Lending Officer at First Commonwealth Federal Credit Union. “By partnering with Upstart, we can leverage AI-powered credit decisioning to lend more inclusively—helping more low- and moderate-income borrowers access the funds they need while connecting them with our Certified Credit Union Financial Counselors for personalized financial guidance.” As an Upstart Referral Network lending partner since December 2024, First Commonwealth […] - [Juniper Payments Elevates Payments Hub Platform with Fraud and Risk Scoring Engine to Help Drive Instant Payments Adoption](https://thecreditunionconnection.com/juniper-payments-elevates-payments-hub-platform-with-fraud-and-risk-scoring-engine-to-help-drive-instant-payments-adoption/): Juniper Payments, a Velera company, today announced a powerful new addition to its Payments Hub: an embedded artificial intelligence (AI)-driven fraud prevention engine built to meet the needs of modern financial institutions and encourage broader adoption of instant payments. The announcement was made in conjunction with VeleraLIVE, taking place this week in Denver, Colo. As the largest cloud-based, non-bank third-party provider of interbank transaction and reporting systems in the U.S., Juniper Payments is taking a proactive stance against increasingly sophisticated fraud schemes by integrating cutting-edge AI and machine learning (ML) capabilities directly into its platform. This new enhancement delivers real-time fraud detection […] - [GoWest Honored with 2025 Event of the Year Award for MAXX CU4Kids Benefit Auction](https://thecreditunionconnection.com/gowest-honored-with-2025-event-of-the-year-award-for-maxx-cu4kids-benefit-auction/): Children’s Miracle Network Hospitals (CMN Hospitals) announced GoWest Credit Union Association and member credit unions received the 2025 Event of the Year for its annual MAXX CU4Kids Benefit Auction. This national recognition celebrates the legacy and impact of GoWest’s signature fundraising event and the generosity of credit unions throughout the region. Each year, CMN Hospitals recognizes one fundraising event that exemplifies excellence in planning, engagement, and impact. In 2025, GoWest is being recognized specifically for the 2024 “Diamond Round-Up” edition of the Benefit Auction, which raised an impressive $1.2 million for CMN Hospitals across the six-state GoWest region—Arizona, Colorado, Idaho, Oregon, Washington, and Wyoming. “Each year, CMN […] - [Kitsap Credit Union Wins Two Prestigious Diamond Awards for Excellence in Marketing](https://thecreditunionconnection.com/kitsap-credit-union-wins-two-prestigious-diamond-awards-for-excellence-in-marketing/): Kitsap Credit Union is proud to announce that it has earned two coveted Diamond Awards from America’s Credit Unions Marketing, PR & Development Council, recognizing the best and brightest in credit union marketing across the nation. Out of more than 1,400 entries submitted by credit unions, agencies, and associations nationwide, Kitsap Credit Union stood out in two categories: Multifaceted (Miscellaneous) for its sponsorship of Home Team Harvest, and Brand Awareness for its unique and locally-inspired Monthly Sticker Campaign. “These honors truly reflect the heart of who we are,” said Shawn Gilfedder, President & CEO of Kitsap Credit Union. “We believe in showing up for our community in meaningful ways, […] - [MSUFCU Partners with She’s Next, Empowered by Visa to Support Local Women Entrepreneurs](https://thecreditunionconnection.com/msufcu-partners-with-shes-next-empowered-by-visa-to-support-local-women-entrepreneurs/): MSU Federal Credit Union (MSUFCU) partnered with She’s Next, Empowered by Visa to host a free, half-day event designed to inspire and empower women entrepreneurs. The exclusive event at MSUFCU Headquarters brought together Greater Lansing women business owners to learn from industry experts, network with like-minded peers, and discover actionable strategies to elevate their businesses. The focus was on providing valuable insights, practical advice, and connecting attendees with resources that will help them grow their businesses. “Small businesses are the heart and soul of our communities,” said Sara Dolan, Chief Financial Officer at MSUFCU. “We’re committed to providing financial tools and services that […] - [Blend and Alloy Expand Partnership to Supercharge Fraud Prevention for Banks and Credit Unions](https://thecreditunionconnection.com/blend-and-alloy-expand-partnership-to-supercharge-fraud-prevention-for-banks-and-credit-unions/): Blend Labs Inc. (NYSE: BLND) announced today an expanded partnership with Alloy, a leading identity and fraud prevention platform provider. As part of the new agreement, Blend customers can now more seamlessly and cost-effectively access Alloy’s advanced identity and fraud prevention capabilities into their consumer banking solutions, ultimately building a safer and more trusted digital banking experience in order to grow their business. “Our partnership with Alloy helps us go beyond expectations, giving financial institutions the security and scalability they need to lend with confidence,” said Blend’s co-founder and CEO, Nima Ghamsari. “With this expanded relationship, we’re making it even […] - [Agencies Take Action on Appraisal Requirements in an Area Affected by California Wildfires and Straight-line Winds](https://thecreditunionconnection.com/agencies-take-action-on-appraisal-requirements-in-an-area-affected-by-california-wildfires-and-straight-line-winds/): To help facilitate recovery efforts from wildfires and straight-line wind damage in Los Angeles County, California this year, four federal financial institution regulatory agencies today temporarily paused certain appraisal requirements for real estate-related transactions. This action is expected to allow banks and credit unions to work with families and businesses without obtaining an appraisal. Banks and credit unions will still be required to determine that the value of the real estate supports the institution’s decision to enter into the transaction. As a result of this action, financial institutions will be better able to lend or modify loans in areas where […] - [DCUC Applauds CFPB Settlement](https://thecreditunionconnection.com/dcuc-applauds-cfpb-settlement/): Victory for Common-Sense Regulation and Military Financial Well-Being The Defense Credit Union Council (DCUC) supports today’s settlement agreement between the Consumer Financial Protection Bureau (CFPB) and the American Bankers Association and other plaintiffs regarding the CFPB’s credit card late fee rule. “This settlement represents a critical step forward in reforming regulatory overreach that would have significantly hindered credit unions’ ability to serve their members effectively,” says Anthony Hernandez, DCUC President/CEO. “The CFPB’s final rule not only exceeded its statutory authority under the Credit CARD Act but also posed a direct threat to the financial well- being of millions of Americans—including […] - [OneAZ Credit Union Welcomes Steve Leugers as New Chief Lending Officer](https://thecreditunionconnection.com/oneaz-credit-union-welcomes-steve-leugers-as-new-chief-lending-officer/): OneAZ Credit Union is excited to announce that Steve Leugers is joining OneAZ as its new Chief Lending Officer. This marks an exciting new chapter as OneAZ, which manages $3.4 billion in assets, aims to elevate its lending operations through data-driven and member-centric solutions.  “Steve brings decades of experience to OneAZ with a strong track record of enhancing efficiency, igniting growth, and fostering innovation,” said Brandon Michaels, President & CEO of OneAZ Credit Union. “His leadership is rooted in building strong teams and elevating performance to drive results. As OneAZ expands to reach new corners of the state, Steve’s vision […] - [Nevada Senate & Assembly Proclaim April 2025 as ‘Financial Literacy Month’](https://thecreditunionconnection.com/nevada-senate-assembly-proclaim-april-2025-as-financial-literacy-month/): State Legislators Champion the Credit Union Philosophy Representing more than 400,000 credit union members across the Silver State, Nevada’s Credit Unions gratefully acknowledged yesterday’s proclamation by the Nevada State Senate and Assembly as they both declared April 2025 as “Financial Literacy Month.” Senate Concurrent Resolution 4 (SCR 4), read on the Senate floor and Assembly floor of the capitol building in Carson City, highlights the importance of financial education for all Nevadans and underscores the state’s commitment to empowering its citizens through sound financial practices. The proclamation recognizes the Nevada State Legislature’s past actions, including the passage of Senate Bill […] - [NACUSO Reimagine: Credit Union Doers Unite! (Seriously, Take the Word Can’t and Shove it!)](https://thecreditunionconnection.com/credit-union-doers-unite-seriously-take-the-word-cant-and-shove-it/): The NACUSO Reimagine ballroom at The Wynn in Vegas buzzed, a caffeinated hive of credit union bigwigs and tech wizards, all gathered for the annual NACUSO shindig. You could practically taste the innovation in the air – or maybe that was just the strong coffee. Either way, the vibe was electric. Imagine a room full of folks dreaming up the next big thing in member experience, and you’re halfway there. “Reimagine” was the word of the day, bouncing off the walls like a hyperactive ping-pong ball. Data analytics? Check. Seamless digital banking? Double-check. The goal? To make members feel like […] - [Trabian Acquires Mesh to Expand Banking Innovation Capabilities](https://thecreditunionconnection.com/trabian-acquires-mesh-to-expand-banking-innovation-capabilities/): Acquisition from Core10 adds expanded integration, analytics, and embedded finance offerings Trabian Technology, Inc. (”Trabian”) is excited to announce its acquisition of the Mesh platform, a powerful middleware platform that streamlines banking operations, from Core10, Inc. (“Core10”). This strategic acquisition strengthens Trabian’s position in the market and expands its ability to deliver innovative, reliable, and scalable solutions to community financial institutions and financial technology companies. Mesh is a comprehensive banking infrastructure platform that helps financial institutions and fintechs operate more efficiently, innovate faster, and adapt to evolving customer and market demands. Through the acquisition of Mesh, Trabian expands its ability […] - [BayPort Credit Union Announces New Chief Information Officer](https://thecreditunionconnection.com/bayport-credit-union-announces-new-chief-information-officer/): BayPort Credit Union is pleased to announce that Jonathan Harrell has been appointed Chief Information Officer. In this role, Harrell will oversee BayPort’s IT strategy, ensuring its technology infrastructure supports the credit union’s goals and drives innovation. “We are thrilled to welcome Jonathan to our team. His passion for technology and his innovative approach to problem solving and efficiency make him the perfect fit to lead us into BayPort’s next chapter of growth and success,” said Jim Mears, President/Chief Executive Officer. Harrell’s appointment to Chief Information Officer follows the recent retirement of Denise McRoberts, after 16 years of distinguished service and faithful dedication to […] - [BrightStar Credit Union Chooses Spiral to Power Personalized Savings and Community Giving](https://thecreditunionconnection.com/brightstar-credit-union-chooses-spiral-to-power-personalized-savings-and-community-giving/): BrightStar Credit Union adds Spiral to empower its members to effortlessly grow their savings and support nonprofits through everyday purchases and personalized banking experiences. Spiral today announced a partnership with BrightStar Credit Union, a leading Florida-based credit union. The partnership will empower BrightStar to amplify member engagement and grow deposits and retention through new personalized banking experiences. BrightStar’s members will be able to achieve financial wellness while giving back to their communities through everyday banking. With Spiral’s Roundup Center, BrightStar’s members will be able to round up their everyday purchases to grow their savings and support their favorite charitable causes and […] - [Pulsate Enhances Data Processing Capabilities, Driving Targeted Campaign Success](https://thecreditunionconnection.com/pulsate-enhances-data-processing-capabilities-driving-targeted-campaign-success/): Pulsate announced the latest enhancements to its Opportunities Engine™ with the introduction of new integrations with other providers of CRM, core and SFTP. This expansion enhances Pulsate’s ability to receive and process data from tools used by financial institutions, which in turn helps FIs create more effective and targeted marketing campaigns that support consumer needs. In an effort to streamline the process of automating data passage across multiple enterprises, Pulsate’s two-way integration feature allows FIs to access up-to-date information about their consumers’ behaviors, preferences, and interactions, increasing the timeliness and personalization of their outreach. Using Pulsate’s Opportunities Engine, FIs can […] - [International Credit Union Day 2025® Celebrates ‘Cooperation for a Prosperous World’](https://thecreditunionconnection.com/international-credit-union-day-2025-celebrates-cooperation-for-a-prosperous-world/): Credit unions and other financial cooperatives will commemorate the 77th anniversary of ICU Day on Thursday, October 16 World Council of Credit Unions (WOCCU) and Worldwide Foundation for Credit Unions (WFCU) are excited to announce “Cooperation for a Prosperous World” as the theme for the 77th anniversary of International Credit Union (ICU) Day® on Thursday, October 16, 2025.  With the United Nations declaring 2025 the International Year of Cooperatives under the theme “Cooperatives Build a Better World”, WOCCU and WFCU sought to build on that concept with an ICU Day theme that emphasizes how credit unions help people across the globe achieve […] - [Velera Introduces New Risk Mitigation Service Model to More Effectively Help Credit Unions Fight Fraud](https://thecreditunionconnection.com/velera-introduces-new-risk-mitigation-service-model-to-more-effectively-help-credit-unions-fight-fraud/): Velera – formerly PSCU/Co-op Solutions, today announced a new, tiered fraud service model approach to meet credit unions where they are in their risk mitigation journey, providing them with tailored offerings to accommodate individual needs. The announcement was made at the company’s VeleraLIVE event, taking place this week in Denver, Colo. Designed to meet the diverse needs of credit unions, Velera’s Risk Mitigation Service Model is rooted in offering flexibility with each engagement – whether through frequent, hands-on contact or an informed as-needed approach in which Velera handles fraud mitigation and involves the credit union as necessary. This enhancement aligns the […] - [Snapdocs Study Finds 90% of Lenders Offer Digital Closings, Yet Only 14% Achieve High Adoption](https://thecreditunionconnection.com/snapdocs-study-finds-90-of-lenders-offer-digital-closings-yet-only-14-achieve-high-adoption/): Survey of over 100 mortgage lenders reveals vendor selection plays a critical role in eClosing success Snapdocs’ 2025 State of eClose Adoption Report, which collected third-party insights from 100 mortgage lending institutions, reveals that 90% of these lenders now offer digital closings to customers—a 22% increase since 2023. Despite this increase in technology investment, just 14% of lenders with eClosing technology close more than 80% of their loans digitally, meaning many lenders have yet to fully realize its benefits. Lenders are increasingly embracing digital closings because of the measurable efficiencies and improved experience digitization delivers. Among lenders that have invested in […] - [Adventure Credit Union Launches MDT to Support Ongoing Growth](https://thecreditunionconnection.com/adventure-credit-union-launches-mdt-to-support-ongoing-growth/): MDT helps execute merger, credit union CEO joins CUSO’s board of directors MDT today announced that Adventure Credit Union has successfully gone live on its core platform, helping to support continued growth and momentum following a successful merger with Astera Credit Union. Grand Rapids, Mich-based Adventure Credit Union merged with Astera Credit Union at the beginning of the year, successfully expanding its charter to serve the full state of Michigan. While evaluating the previously separate organizations’ tech stacks, Adventure Credit Union recognized the value that Astera Credit Union gained from its long-standing partnership with MDT, solidifying MDT as the go-forward partner for core […] - [Call Federal Credit Union Selects Mahalo Banking to Streamline Core Transition, Expand Digital Features](https://thecreditunionconnection.com/call-federal-credit-union-selects-mahalo-banking-to-streamline-core-transition-expand-digital-features/): Mahalo Banking today announced a new partnership with Richmond, Va.-based Call Federal Credit Union (Call FCU – asset size of $553M) to enhance its digital banking experience. Call FCU chose Mahalo to support its evolving technology ecosystem as the credit union prepares for its upcoming core conversion to Corelation Keystone. Mahalo’s flexible, member-centric platform with seamless integration capabilities to third-party vendors and technologies was a key factor in Call FCU’s decision. The platform will streamline the credit union’s transition to Corelation Keystone, enabling enhanced data-sharing and a more connected, efficient digital experience for members. “Mahalo’s culture and credit union-focused approach […] - [Shoreline Hometown Credit Union Selects Appli for Better Digital Engagement and Conversions](https://thecreditunionconnection.com/shoreline-hometown-credit-union-selects-appli-for-better-digital-engagement-and-conversions/): Wisconsin-based credit union adds AI-powered calculators to improve member loan and deposit experience Appli today announced that Shoreline Hometown Credit Union, based in Northeast Wisconsin, has selected its calculator system to improve how members explore loan options. “The first question our members ask before making a big purchase is, “Can I afford this?” said Nathan Grossenbach, President and CEO of Shoreline Hometown Credit Union. “With Appli’s calculators, visitors will be able to determine their budget with incredible accuracy, as the calculators are connected to our rate matrices. Even more exciting, the Appli calculators will provide real-time guidance on how the […] - [Monroe Community Credit Union Earns 2025 Great Place To Work Certification™](https://thecreditunionconnection.com/monroe-community-credit-union-earns-2025-great-place-to-work-certification/): Monroe Community Credit Union is proud to be Certified™ by Great Place To Work® for the second consecutive year. The prestigious award is based entirely on survey results from current employees about their experience working at Monroe Community Credit Union. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation. “Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. […] - [PenFed Credit Union Renews Partnership with Sabré Cook for 2025 Porsche Carrera Cup Season](https://thecreditunionconnection.com/penfed-credit-union-renews-partnership-with-sabre-cook-for-2025-porsche-carrera-cup-season/): Partnership Supports Trailblazer for Women in Motorsports PenFed Credit Union is proud to announce the renewal of its partnership with Sabré Cook for the 2025 Porsche Carrera Cup North America season. As Cook continues her journey in one of the most competitive racing series in the world, she will once again represent PenFed Credit Union, a brand committed to excellence, performance, and opportunity. “PenFed thrives in partnering with the best,” said PenFed Credit Union President/CEO James Schenck. “Sabré’s drive, determination, and results are without equal, and we are proud to continue supporting a winning driver with the ambition to achieve victory […] - [Hawaii State FCU Debuts New Website To Meet Growing Digital Demand](https://thecreditunionconnection.com/hawaii-state-fcu-debuts-new-website-to-meet-growing-digital-demand/): Hawaii State Federal Credit Union (Hawaii State FCU) has launched a newly redesigned website that brings faster performance, a modernized look, and a suite of new features designed to make digital banking more convenient for its more than 136,000 members. “Hawaii State FCU’s website redesign is part of our broader effort to ensure members can manage their finances easily and confidently, no matter how they choose to bank,” said Andrew Rosen, president and CEO of Hawaii State FCU. “As digital banking continues to play a larger role in everyday life, we’re committed to providing a seamless experience that’s both intuitive and grounded […] - [DCUC Opposes Legislation in California, Colorado, Texas, and Illinois That Threatens Military Financial Security](https://thecreditunionconnection.com/dcuc-opposes-legislation-in-california-colorado-texas-and-illinois-that-threatens-military-financial-security/): The Defense Credit Union Council (DCUC) has sent several letters of opposition to legislative proposals in California, Colorado, Texas, and Illinois that threaten to undermine the financial well-being of military members, veterans, and the credit unions that serve these populations. DCUC letters have been confirmed to be circulating since their release among both states’ congressional offices.  If passed, the proposed bills would disrupt a secure and efficient payment system, ultimately making it harder for military families to access affordable, reliable financial services.  In a letter addressed to the Honorable Elizabeth Ortega of the California State Assembly, DCUC Chief Advocacy Officer […] - [Why Credit Unions Should Consider Scenario Planning ](https://thecreditunionconnection.com/why-credit-unions-should-consider-scenario-planning/): By Stacy Augustine, President, CU Strategic Planning In a world where economic indicators shift weekly, credit union leaders must ask: Are we prepared for multiple possible futures—or are we just hoping for the best? That’s where scenario planning comes in. Scenario planning is more than forecasting; it’s a discipline of preparedness. It’s a strategic tool credit unions can use to imagine a range of plausible futures and explore how they might respond with foresight. And in today’s landscape, that kind of resilience is not optional. What Credit Union Scenario Planning Looks Like Rather than starting with predictions, scenario planning starts with uncertainties. […] - [Velera Partnership Expands Zelle® Access for MDI Credit Unions](https://thecreditunionconnection.com/velera-partnership-expands-zelle-access-for-mdi-credit-unions/): Velera – formerly PSCU/Co-op Solutions, today announced a new partnership with Early Warning Services, LLC, the company behind Zelle®. The partnership is specifically designed for Minority Depository Institution (MDI) credit unions and will provide them with expanded opportunity to join the Zelle network, empowering them with access to the same real-time payment solutions offered by larger institutions while upholding their mission of serving their communities. “If credit unions are not offering Zelle, their members are likely to look elsewhere for the convenience of a P2P payments offering,” said Amy Evans, SVP, Strategic Solutions at Velera. “It is clear consumers appreciate the convenience, ease […] - [SECU Foundation Awards $480,000 in Mission Development Grants to Support 12 North Carolina Non-profits](https://thecreditunionconnection.com/secu-foundation-awards-480000-in-mission-development-grants-to-support-12-north-carolina-non-profits/): SECU Foundation is pleased to announce its first cohort of Mission Development Grant (MDG) recipients for 2025, welcoming 12 new organizations to the program including non-profits in three counties – Chowan, Currituck, and Franklin – that are receiving first-time funding outside of scholarships and loans. The new grantees are working to address domestic violence and exploitation, homelessness, substance misuse, health and well-being, housing, and community support services.  SECU Foundation’s MDG program provides each grantee $40,000 to help them build capacity, assess organizational needs, and receive coaching in specific areas from a dedicated consultant. To date, nearly $5 million has been awarded to 120 […] - [Digital Fraud Surge Alarms Financial Sector: AI Fuels Sophistication](https://thecreditunionconnection.com/digital-fraud-surge-alarms-financial-sector-ai-fuels-sophistication/): A disturbing trend has emerged in the financial sector, with digital fraud losses skyrocketing by 25% year-over-year, according to recent research from KPMG. In an exclusive interview with The Credit Union Connection, Brad Cranford, Director of Product Management at Alkami, revealed the escalating threat, tracing its origins back to the pandemic-driven surge in digital transactions. This alarming rise underscores the growing sophistication of fraudulent activities, leaving institutions scrambling to fortify their defenses. The shadow of artificial intelligence looms large over this evolving landscape. While not a direct perpetrator, AI is proving to be a potent tool for bad actors, significantly […] - [Global Federal Credit Union Officially Acquires First Financial Northwest Bank](https://thecreditunionconnection.com/global-federal-credit-union-officially-acquires-first-financial-northwest-bank/): As of Saturday, April 12, 2025, Global Federal Credit Union (Global) is officially managing the operations of First Financial Northwest Bank (FFNWB). In an agreement that closed at midnight last Friday, Global, with headquarters in Anchorage, Alaska, acquired substantially all assets and assumed substantially all liabilities (including deposit liabilities) of FFNWB, headquartered in Renton, Washington. Global will operate the locations of the bank as a separately branded division named “First Financial Northwest Operated by Global Federal Credit Union,” until system and brand integrations are completed later in 2025. Global’s Chief Strategy Officer Jason Sasena has been named acting president of the division. […] - [Way.com Partners with IWS Acquisition Corporation to Offer Benefits Through Credit Unions, Helping Americans Save on Car Expenses](https://thecreditunionconnection.com/way-com-partners-with-iws-acquisition-corporation-to-offer-benefits-through-credit-unions-helping-americans-save-on-car-expenses/): Way.com has partnered with IWS Acquisition Corporation (IWS) to distribute Way+ memberships through credit unions nationwide, helping Americans reduce the financial burden of vehicle ownership. This collaboration enables credit unions to offer Way+ as a value-added benefit, providing their members with exclusive savings on parking, car washes, gas, EV charging, and more. By integrating Way+ into their services, credit unions can enhance member engagement while supporting financial wellness. “At Way.com, we believe that car ownership should be more affordable for every American,” said Adam Hardt, Vice President of Way+ Memberships at Way.com. “Through our partnership with IWS, we’re making it easier for credit […] - [Robert Payne Becomes Chief Technology Officer at Piedmont Advantage Credit Union](https://thecreditunionconnection.com/robert-payne-becomes-chief-technology-officer-at-piedmont-advantage-credit-union/): Piedmont Advantage Credit Union (PACU) is proud to announce the promotion of Robert Payne to Chief Technology Officer (CTO), marking a significant milestone in a distinguished career spanning more than 30 years in the technology field. Payne has served as PACU’s Senior Vice President of Information Technology for over a decade, leading with a vision to ensure that technology functions and works smarter to make financial services easier, safer and more seamless for members and employees alike. “Technology should feel effortless for the people who rely on it, our members and employees,” Payne said. “In my new role, I look forward to building on […] - [Sikorsky Credit Union Employees Donate Over 200 Books](https://thecreditunionconnection.com/sikorsky-credit-union-employees-donate-over-200-books/): Sikorsky Credit Union recently organized a book drive donating over 200 books to Homes for the Brave, a nonprofit organization located in Bridgeport, CT.  In honor of Love to Read Month, Sikorsky Credit Union hosted the book drive in February to give back to the community and spread the joy of reading. Employees generously donated over 200 new and gently used books – for both children and adults.  “Supporting our community is at the core of who we are,” said Whitney Cadett, Vice President of Marketing and Strategic Growth. “It’s incredibly rewarding to know that our Book Drive will bring […] - [Simeon Chapin Chosen as Chief Community Officer at American Eagle](https://thecreditunionconnection.com/simeon-chapin-chosen-as-chief-community-officer-at-american-eagle/): ‘Credit unions are uniquely positioned to strengthen communities.’ American Eagle Financial Credit Union (American Eagle FCU) has appointed Simeon Chapin as Chief Community Officer, a newly created role on their executive leadership team. In this new position, Chapin will shape and lead critical functions supporting American Eagle FCU’s community engagement to deliver positive impact in their service area of Connecticut and western Massachusetts. Additionally, Chapin will develop and foster partnerships that bring the credit union’s mission to life for its members and the communities served. “Credit unions are unique, and we pour our heart and soul into community building where […] - [Several Credit Unions Announce New Hires; Affinity Plus FCU/Foundation Announce Board Appointments](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-affinity-plus-fcu-foundation-announce-board-appointments/): Several credit union, including TDECU and Intrepid Credit Union, announced new hires, and Affinity Plus Federal Credit Union and the Affinity Plus Foundation announced new additions to their respective Boards of Directors. New Hires: Promotions: Appointments: - [HOPE Makes Landmark Investment in Talladega College](https://thecreditunionconnection.com/hope-makes-landmark-investment-in-talladega-college/): Impact finance leader has supported 26 HBCUs across the Deep South HOPE (Hope Enterprise Corporation / Hope Credit Union) signaled its ongoing commitment to historically black colleges and universities (HBCUs) with a $15 million working capital loan to Talladega College to empower the college to restructure its balance sheet and bolster its long-term viability. The Talladega loan is the latest example of HOPE’s alliance with HBCUs to increase economic mobility in the Deep South. In 2019, HOPE published and disseminated the “HBCU-CDFI Economic Mobility Guide,” a seminal analysis that outlined key outcomes from collaboration between Jackson State University, Mississippi Valley State University and HOPE to improve conditions in under resourced […] - [California Coast Credit Union and San Diego County Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/california-coast-credit-union-and-san-diego-county-credit-union-announce-intent-to-merge/): In a move that would change the financial landscape of Southern California, California Coast Credit Union (Cal Coast) and San Diego County Credit Union (SDCCU) have announced plans to merge, pending regulatory approval and a Cal Coast membership vote. Upon approval, the combined credit union will boast a powerhouse organization with assets totaling nearly $13.5 billion, 65 branch locations, and more than 1,400 employees serving members in Imperial, Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara, and Ventura counties. The organization will remain the fourth largest credit union in the state and become the 16th largest […] - [SECU Foundation Awards $500,000 to Helpmate for Domestic Violence Shelter in Buncombe County](https://thecreditunionconnection.com/secu-foundation-awards-500000-to-helpmate-for-domestic-violence-shelter-in-buncombe-county/): A $500,000 grant awarded by SECU Foundation will contribute toward the construction of a new shelter for Western North Carolina’s largest service provider for domestic violence survivors, Helpmate, increasing the current space to support 475 adults and children annually.  Helpmate is the only organization in Buncombe County devoted solely to providing shelter and a full range of survivor services, including a 24-hour crisis hotline, case management, court and child advocacy, counseling, and education. In 2023 the non-profit fielded over 3,500 crisis hotline calls and provided shelter to 246 children and adults. “The Foundation is eager to support the important work that Helpmate has […] - [Greater Newport Chamber of Commerce Recognizes People's Credit Union for Excellence in Business](https://thecreditunionconnection.com/greater-newport-chamber-of-commerce-recognizes-peoples-credit-union-for-excellence-in-business/): Wins 2025 Award in Big Business Category People’s Credit Union (PCU) has been presented with the 2025 Excellence in Business Award by the Greater Newport Chamber of Commerce (GNCC). Recognized in the Big Business (50+ employees) category, the award honors PCU’s outstanding business achievement in the Greater Newport region, with criteria based on demonstrating business excellence, customer service, revenue and personnel growth, sustainable business practices, and new product and service offerings. “We are honored to be recognized by the Greater Newport Chamber for our commitment to excellence and community impact. We also want to express our admiration for the other outstanding […] - [SWBC’S SWIVEL® Offers Enhanced Payment Experience with New Stored Cards Feature](https://thecreditunionconnection.com/swbcs-swivel-offers-enhanced-payment-experience-with-new-stored-cards-feature/): Recognizing the need for expanded payment solutions that meet the demands of today’s account holders and institutions, SWIVEL®, a subsidiary of SWBC specializing in payment solutions, today announced its new stored cards feature, enabling a smoother, more convenient account holder experience across all mobile and web devices. With SWIVEL Stored Cards, registered account holders can securely save their card details and mark them as primary payment methods, making transactions faster, reducing the need for repeated manual entry, and minimizing errors. Additionally, stored cards can be used as a primary payment method for payment reminder messages. This offers an even greater seamless experience […] - [Credit Unions Put Their Foot on the Gas with FastPass SaaS](https://thecreditunionconnection.com/credit-unions-put-their-foot-on-the-gas-with-fastpass-saas/): CU LIFT Fund Is Kicking Legacy Digital Automotive Retail to the Curb What are the two most significant pain points for consumers when they attempt online car shopping?  1. Being bombarded with calls, text messages and voicemails from dealers who have purchased their contact information from inventory lead provider websites.  2. Not knowing whether they can really afford the car they’ve chosen until they’re sitting at the finance manager’s desk. CU LIFT Fund LLC, the CUSO committed to helping credit unions grow their direct auto loan portfolios, solves both with its SaaS-based FastPass platform. FastPass packs the entire auto-buying journey […] - [For this Michigan Credit Union, Training Workers to Identify Financial Exploitation of Older or Vulnerable Adults Pays Dividends to Members](https://thecreditunionconnection.com/for-this-michigan-credit-union-training-workers-to-identify-financial-exploitation-of-older-or-vulnerable-adults-pays-dividends-to-members/): In year three of using a program created by the Institute of Gerontology at Wayne State University, data reveals a significant drop in fraud Three years ago, Michigan Legacy Credit Union (MLCU) launched a pilot program with the Institute of Gerontology at Wayne State University to identify potential fraud and exploitation of vulnerable and older adult members. President and CEO Carma Peters says year-over-year data captured by MLCU’s internal auditors confirm the program is working. “Our standards department requires all cases of potential fraud be documented and submitted to our internal audit department,” Peters said. “From 2022 when our program […] - [Rapid Finance Extends API-Supported SMB Disclosure Service to Support Missouri Under New Commercial Financing Disclosure Requirements](https://thecreditunionconnection.com/rapid-finance-extends-api-supported-smb-disclosure-service-to-support-missouri-under-new-commercial-financing-disclosure-requirements/): Rapid Finance announced the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech Module, to help business funders and financing companies comply with Missouri’s commercial disclosure requirements which took effect on February 28, 2025. With the passage of Senate Bill 753, Missouri joins the growing list of states that have introduced commercial financing disclosure requirements, including California, Connecticut, Florida, Georgia, Kansas, New York, Utah and Virginia. Missouri’s Commercial Financing Disclosure Law mandates that lenders provide businesses with clear, comprehensive disclosures about the total cost, repayment terms and conditions of financing offers. The law also includes provisions for the registration of […] - [First Harvest Credit Union Named South Jersey Biz's Community Impact Award Winner](https://thecreditunionconnection.com/first-harvest-credit-union-named-south-jersey-bizs-community-impact-award-winner/): First Harvest Recognized for Social Commitments and Community Initiatives Benefiting Members and Southern New Jersey Region First Harvest Credit Union (“First Harvest”) has been regionally recognized by South Jersey Biz for their ongoing social commitments and community initiatives, which benefit the credit union’s 46,000+ members and the greater Southern New Jersey region. The Community Impact Awards are awarded annually to recognize local organizations whose teams go above and beyond to help their neighbors in need and make a positive impact on the community. This year, the awards highlighted the commendable efforts of 15 organizations throughout the region whose community efforts range from accessible […] - [DCUC Commends House Passage of S.J. Res.18 to Repeal CFPB Overdraft Rule](https://thecreditunionconnection.com/dcuc-commends-house-passage-of-s-j-res-18-to-repeal-cfpb-overdraft-rule/): The Defense Credit Union Council (DCUC) celebrates the House passage of 217-211 of Senator Tim Scott’s (R-SC) joint resolution (S.J. Res. 18) to repeal the CFPB’s overdraft rule, “Overdraft Lending: Very Large Financial Institutions”, restoring balance and oversight to the regulatory process.  The resolution, which quickly gained bipartisan support, passed the Senate last month by a vote of 52-48 before advancing to the House for final approval.  DCUC has consistently opposed the CFPB overdraft rule since it was first proposed in December 2024, which applies to financial institutions with more than $10 billion in assets. The rule mandates that these […] - [Christian Financial Credit Union Named Diamond Awards Recipient Amid Record-Breaking Competition](https://thecreditunionconnection.com/christian-financial-credit-union-named-diamond-awards-recipient-amid-record-breaking-competition/): Christian Financial Credit Union was among 180 credit unions nationwide named as winners of the prestigious Diamond Award – America’s Credit Union’s Marketing, PR and Development Council’s annual competition for marketing excellence. Christian Financial Credit Union received a “Category’s Best” award in the Ongoing Event Category for their Autumn Apple Giveback event last fall, which contributed over 3,500 apples to the neighboring community, donated 500 hours of community service and contributed $5,000 to area non-profits. The Marketing, PR & Development Council of America’s Credit Unions also announced the list of winners for its annual Diamond Awards, recognizing the best marketing […] - [BHFCU Employees Spread Hope in Q1](https://thecreditunionconnection.com/bhfcu-employees-spread-hope-in-q1/): Community is at the heart of everything Black Hills Federal Credit Union (BHFCU) does. Their Community Action Team allows employees to connect with nonprofit organizations, giving back to their communities in the ways they need. This year, the credit union is consolidating its efforts by focusing on quarterly giving to make a bigger difference.  To avoid burying the lead, employee engagement far exceeded expectations. Here’s a glimpse of the incredible impact they had in Q1.  – 11 nonprofit organizations supported  – 108 tie blankets made  – 2,019 items collected  – $15,500 donated to nonprofits (employee donations matched by BHFCU!)  Read […] - [DCUC and NACUC Announce Strategic Collaboration to Strengthen Credit Union Advocacy](https://thecreditunionconnection.com/dcuc-and-nacuc-announce-strategic-collaboration-to-strengthen-credit-union-advocacy/): The Defense Credit Union Council (DCUC) is proud to announce a new collaboration with the National Association of Credit Union Chairs (NACUC). As part of this partnership, DCUC has joined NACUC as an associate member, while NACUC has become an affiliate organizational member of DCUC.  This collaboration will enhance the working relationship between the two organizations, fostering a deeper understanding of shared priorities, exchanging industry insights, and strengthening advocacy efforts to better support credit unions nationwide.  “This partnership is an important step toward uniting trade associations in their advocacy for the credit union movement,” said Anthony Hernandez, DCUC President/CEO. “By […] - [America’s Credit Unions Honors Soarion Credit Union’s Marketing Efforts with Four Diamond Awards](https://thecreditunionconnection.com/americas-credit-unions-honors-soarion-credit-unions-marketing-efforts-with-four-diamond-awards/): Soarion Credit Union has been recognized for its marketing efforts by America’s Credit Unions (ACU). At a ceremony held on March 25, 2025 in Austin, TX, the San Antonio-based credit union earned four Diamond Awards as part of the ACU’s annual competition in credit union marketing. Soarion Credit Union received awards in four categories: Logo Design, Single Video (Non-Commercial), Debit & ATM Card Design, and Brand Awareness. The awards recognized Soarion’s rebranding efforts that launched in April 2024.  “Soarion Credit Union is honored to have been recognized with four ACU Diamond Awards this year,” said Sharlene East, Soarion’s Chief Financial […] - [HRCU Named Diamond Award Recipient](https://thecreditunionconnection.com/hrcu-named-diamond-award-recipient/): Neighborhood credit union recognized by America’s Credit Unions in three categories Holy Rosary Credit Union (HRCU) was among 180 credit unions nationwide named as winners of America’s Credit Unions’ prestigious 2025 Diamond Award – the Marketing, PR & Development Council’s annual competition for marketing excellence. HRCU was recognized in three categories: logo, multifaceted (for HRCU’s Greenland branch) and re-brand/new corporate identity. The neighborhood credit union was also named “Category’s Best” in the re-brand/new corporate identity category. “We are extremely proud to be recognized by America’s Credit Unions for our efforts in bringing a new look, rebrand and new innovative branch to our members. […] - [MDT's Gary Lee Discusses Navigating the Complexities of Mergers](https://thecreditunionconnection.com/mdts-gary-lee-discusses-navigating-the-complexities-of-mergers/): Mergers have been a hot topic in world of credit unions for the past couple of years. Thanks to mergers, the total number of credit unions has gone down significantly. At the same time, many credit unions, including small credit unions have benefitted, but there are still complexities they have to face when it comes to these mergers going through. Adding to the list of challenges are the changing political climate and protecting data while implementing AI solutions. Chief Client Officer at Member Driven Technologies (MDT) Gary Lee sat down with host Sarah Snell Cooke at GAC 2025 to discuss […] - [Credit Unions Champion Their Members During Visits with CA Legislators](https://thecreditunionconnection.com/credit-unions-champion-their-members-during-visits-with-ca-legislators/): Successful California Government Relations Rally Nearly 180 credit union advocates at this year’s California Government Relations Rally (GRR) met with over 90 state legislators at the capitol in Sacramento on April 8, marking a confident step forward in advocating for the interests of more than 14 million credit union members across the state. Hosted by the California Credit Union League, industry leaders engaged in productive discussions on important legislative issues, highlighting the positive impact credit unions have on local communities, especially in underserved areas. Attendees arrived prepared, having thoroughly reviewed the League’s support-and-opposition issues and bills, equipped to communicate with […] - [Backbone Coalition Welcomes Corlinda Wooden as Community Director](https://thecreditunionconnection.com/backbone-coalition-welcomes-corlinda-wooden-as-community-director/): Veteran Credit Union Executive Joins Growing National Coalition Devoted to Amplifying Credit Unions’ Positive Impact Backbone on Thursday announced the addition of veteran credit union executive Corlinda Wooden as community director.  Wooden serves as president of Wooden Consulting, and is known throughout the industry as a passionate leader and advocate for the credit union movement. As community director, she will serve as a liaison among Backbone’s nationwide membership, and lead efforts to grow the coalition and build capacity.  “Credit unions have an incredible story to tell about putting people first and serving our communities. Backbone is committed to sharing that […] - [DCUC Prompt Letter to Treasury, Prioritizing Credit Union Inclusion in Main Street Regulatory Reforms](https://thecreditunionconnection.com/dcuc-prompt-letter-to-treasury-prioritizing-credit-union-inclusion-in-main-street-regulatory-reforms/): Today, the Defense Credit Union Council (DCUC) sent a letter to U.S. Treasury Secretary Scott Bessent promptly urging the Department to fully include credit unions—especially those serving military and veteran communities—in its 2025 Main Street regulatory reform agenda. In the letter, DCUC President/CEO Anthony Hernandez applauded Secretary Bessent’s stated commitment to shifting financial regulation away from Wall Street and toward empowering community-based financial institutions. “Defense credit unions are not-for-profit cooperatives rooted in the communities they serve—on and off military bases. We share the Treasury’s vision for a more inclusive, opportunity-driven economy, and we urge the Treasury to ensure credit unions […] - [AI-Powered Personalization Solution That Boosts Financial Institution Revenue Named Finalist for Banking Tech Award](https://thecreditunionconnection.com/ai-powered-personalization-solution-that-boosts-financial-institution-revenue-named-finalist-for-banking-tech-award/): DeepTarget Helps Community Banks and Credit Unions Transform Digital Banking Channels into Revenue Generators Community financial institutions now have award-worthy technology to compete with the titans. DeepTarget Inc.’s AI-powered marketing platform has been named a Banking Tech Awards USA 2025 finalist in the “Best Personalization Solution” category, validating what CIOs and digital banking leaders have been discovering: digital banking real estate can become a powerful engagement and revenue-generating channel. The annual awards program, presented by FinTech Futures, recognizes outstanding achievements in banking technology throughout the U.S., highlighting solutions that are transforming financial services and creating competitive advantages for forward-thinking institutions. DeepTarget’s Digital Experience Platform […] - [Executive Vice President Tiffani Vargas Appointed as SAFE CU Chief Operating Officer](https://thecreditunionconnection.com/executive-vice-president-tiffani-vargas-appointed-as-safe-cu-chief-operating-officer/): SAFE Credit Union President and CEO Faye Nabhani announced that she has appointed Executive Vice President Tiffani Vargas as Chief Operating Officer. In her new role, Vargas has direct oversight over the teams that oversee the member experience, and provide services, benefits, and outreach to SAFE’s 244,000 members. Vargas most recently served as the credit union’s Chief Lending Officer and Retail Banking Officer. In this new expanded role, she will continue to oversee lending and member experience, with the additional responsibilities for member service operations, marketing, communications, government relations, and community relations to create stronger alignment across these key areas. “Tiffani’s vast lending and service delivery know-how, […] - [Alkami Recognizes Industry-Leading Financial Institutions for Innovation in Digital Banking Excellence with FIsionaries Awards](https://thecreditunionconnection.com/alkami-recognizes-industry-leading-financial-institutions-for-innovation-in-digital-banking-excellence-with-fisionaries-awards/): Awards honor visionaries shaping the future of banking through progressive digital strategies Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced the honorees of its annual FIsionaries™ Awards, recognizing financial institutions that are redefining digital banking through strategic innovation. As part of the 2025 Alkami Co:lab programming, these awards celebrate organizations that have demonstrated forward-thinking approaches to digital transformation, data and strategy execution, culture transformation, and user experience. Sponsored by Alkami and hosted by Jim Marous, the FIsionaries podcast highlights financial institutions at the forefront of digital banking innovation, showcasing how they are leveraging technology, data-driven strategy execution, culture transformation, and user experience enhancements to compete […] - [Angelo State Receives $50,000 for Nursing Scholarships from Texas Trust Credit Union](https://thecreditunionconnection.com/angelo-state-receives-50000-for-nursing-scholarships-from-texas-trust-credit-union/): Angelo State University will receive $50,000 for nursing scholarships from the Texas Trust Gives Foundation, the charitable arm of Texas Trust Credit Union. The Texas Trust Credit Union Scholarship will award $10,000 each year for the next five years to an undergraduate nursing student in the Archer College of Health and Human Services at Angelo State. The first scholarship will be issued this fall and can be used for tuition, fees, and books in the recipient’s junior and senior years. “We are honored to be receiving this scholarship from the Texas Trust Gives Foundation,” said Jennifer Braziel, associate professor and department chair […] - [Pidgin & BMA Banking Systems Partner to Make Faster Payments Accessible for More Financial Institutions](https://thecreditunionconnection.com/pidgin-bma-banking-systems-partner-to-make-faster-payments-accessible-for-more-financial-institutions/): Pidgin today announced a strategic reseller partnership with BMA Banking Systems, a leading provider of software solutions for banks and credit unions across the U.S. Through this collaboration, BMA Banking Systems will expand access to Pidgin’s platform, empowering more financial institutions to future-proof their payment operations and deliver faster payment capabilities to their account holders. The partnership combines Pidgin’s advanced payment infrastructure with BMA Banking Systems’ extensive network and expertise in financial technology solutions. Together, the companies aim to make faster payments more accessible to banks and credit unions, enabling these institutions to meet growing consumer and business demand for more […] - [Cooperative Credit Union Association’s Credit Unions of Rhode Island and Special Olympics Rhode Island Unite for a Record-Breaking Strike for Gold Event](https://thecreditunionconnection.com/cooperative-credit-union-associations-credit-unions-of-rhode-island-and-special-olympics-rhode-island-unite-for-a-record-breaking-strike-for-gold-event/): The Cooperative Credit Union Association’s (CCUA) Credit Unions of Rhode Island and Special Olympics Rhode Island (SORI) celebrated the success of the 16th Annual Strike for Gold bowling tournament on March 26th at East Providence Lanes in Rumford, RI. In a vibrant display of community and inclusion, 34 teams and over 150 participants gathered for an evening of friendly competition, networking, and support for SORI athletes—raising nearly $22,000 at this milestone event. For the first time in the tournament’s history, each credit union team was joined by a SORI athlete, transforming the competition into a unified team effort. This new […] - [PenAir Credit Union Celebrates Grand Opening of New Nine Mile Branch](https://thecreditunionconnection.com/penair-credit-union-celebrates-grand-opening-of-new-nine-mile-branch/): PenAir Credit Union (PenAir) is enhancing Pensacola’s financial health through the grand opening of its new Nine Mile Branch just off Westside Drive with an official ribbon-cutting ceremony held Tuesday, April 8. The credit union continues to grow and is committed to enhancing member experience with cutting-edge technology while maintaining personal relationships. “This branch is not just for us; it’s for our community,” said Lee Morgan, President and CEO of PenAir Credit Union. “It’s an investment in the financial well-being of our members and in the neighborhoods we call home.” This is the third location PenAir has opened in the last […] - [LLCU Announces Blake Reynolds Appointed New Senior Vice President/Chief Financial Officer](https://thecreditunionconnection.com/llcu-announces-blake-reynolds-appointed-new-senior-vice-president-chief-financial-officer/): LLCU announced the appointment of Blake Reynolds as the new Chief Financial Officer (CFO) of LLCU, effective Tues., April 8th, 2025. Reynolds has 27 years of experience in the banking and financial services industries. Reynolds will oversee LLCU’s financial strategy, regulatory reporting, and accounting operations. Before joining LLCU, Reynolds served as Vice President of Colchester State Bank in Colchester, IL for 25 years until CSB was acquired by LLCU in July of 2023. Since the time of acquisition, Reynolds has served as Vice President of Operations for LLCU. “When we acquired Colchester State Bank, Blake quickly distinguished himself as knowledgeable in numerous areas of responsibility and […] - [Carefull Introduces ScamCheck Technology to Help Older Adults Amid Growing Scam Threats](https://thecreditunionconnection.com/carefull-introduces-scamcheck-technology-to-help-older-adults-amid-growing-scam-threats/): Carefull announces the launch of Carefull ScamCheck, an AI-powered scam detection tool designed to instantly detect, analyze, and prevent scams before they cause financial harm.  With financial fraud and scams on the rise, Carefull ScamCheck empowers users to quickly determine whether a text message, email, voicemail, or piece of physical mail is likely a scam—providing easy-to-understand results with expert-backed guidance on what to do next.  “We are all barraged with text messages about unpaid tolls, package delivery issues, and job offers that represent increasingly clever attempts to lure us into scam traps. There are new ones every day, but the […] - [Don’t Let Misguided “Swipe Fee” Attacks Hurt Credit Union Members and Small Businesses](https://thecreditunionconnection.com/dont-let-misguided-swipe-fee-attacks-hurt-credit-union-members-and-small-businesses/): A recent Detroit News op-ed painted a dramatic picture: a simple latte purchase secretly funnels money from local coffee shops into the pockets of credit card giants. But what that narrative conveniently leaves out is this: credit unions — the very institutions that stand by small businesses and working families — are part of the same system now under attack. And if lawmakers take the bait on interchange reform, it won’t be big banks that suffer. It will be local credit unions and the communities they uplift. Let’s set the record straight. Interchange — the so-called “swipe fee” — isn’t some hidden […] - [Incent Launches CUSO with Pioneer FCU](https://thecreditunionconnection.com/incent-launches-cuso-with-pioneer-fcu/): Youth banking provider receives investment to accelerate product roadmaps and enhance offerings Incent launched today a Credit Union Service Organization (CUSO) to reinforce its mission to partner and collaborate with financial institutions to build the best-in-class youth engagement tools. Mountain Home, Idaho-based Pioneer Federal Credit Union (Pioneer, $712 million in assets, 49,000 members) invested to support the CUSO and drive the product roadmap. Through the Incent CUSO, Pioneer and other credit union investors will have a definitive voice in guiding and building a leading youth banking solution that educates, engages and fosters long-lasting relationships with younger consumers. “Credit unions are uniquely positioned […] - [Credit Union Leading Partners Make Significant Contribution to Defense Credit Union Advocacy](https://thecreditunionconnection.com/credit-union-leading-partners-make-significant-contribution-to-defense-credit-union-advocacy/): The Defense Credit Union Council (DCUC) is honored to announce Allied Solutions and leading partners, Securian, Gallagher, Akuvo, Franklin Madison, and Route 66, have pledged a collective $100,000 contribution to bolster DCUC’s advocacy efforts through DCUC’s Defending Credit Unions National Advocacy Fund.  “We are truly grateful for the generosity and commitment of Allied Solutions and their esteemed partners,” said Anthony Hernandez, DCUC President/CEO. “Their support not only strengthens our efforts to champion credit union advocacy but exemplifies the spirit of cooperation and dedication that drives the defense credit union movement forward.”  Pete Hilger, President/CEO of Allied Solutions, stated, “Together, Allied […] - [Debbie Selected by Chartway, Rize, and Royal CU to Help Grow Their Membership](https://thecreditunionconnection.com/debbie-selected-by-chartway-rize-and-royal-cu-to-help-grow-their-membership/): Debbie is excited to launch Chartway Credit Union (VA), Rize Credit Union (CA), and Royal Credit Union (WI) as part of their Debbie Preferred Partner Network. With this partnership, Debbie will be able to offer current and prospective members cash rewards for meeting their financial goals. Leveraging Rewards to Help Young Americans Achieve Financial Health  Chartway CU, Rize CU, and Royal CU, all credit unions focused on improving the financial success of their members, chose to partner with Debbie through Filene’s lab. Filene is a leading credit union think tank, which specializes in innovation and research to help credit unions […] - [Finding the Balance with Using AI](https://thecreditunionconnection.com/finding-the-balance-with-using-ai/): AI presents many great opportunities for credit unions, but it also comes with its fair share of risks. AI can be very helpful and save time on certain kinds of tasks, but there are challenges when it comes to ensuring that everything regarding a credit unions’ use of AI is in compliance. In order for credit unions to make the most of this technology, it’s important to have security measures and risk policies and strategies in place in order to keep their member data safe. CEO of SRA Watchtower sat down with host Sarah Snell Cooke at GAC 2025 to […] - [NCUA Prohibits Three Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-three-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration issued two consent orders and one prohibition notice in April 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Consent Order: Notice of Prohibition: In addition to Orders of Prohibition, the NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union — have violated a law, rule, or regulation; breached a […] - [Soarion Credit Union Celebrates Grand Opening of Its Sixth Financial Center in San Antonio](https://thecreditunionconnection.com/soarion-credit-union-celebrates-grand-opening-of-its-sixth-financial-center-in-san-antonio/): Soarion Plaza is Home to New Financial Center and Soon-to-Be Company Headquarters Soarion Credit Union is celebrating the opening of its newest financial center in the San Antonio area. The credit union’s Soarion Plaza Financial Center, located at 750 E. Mulberry near San Antonio’s downtown, officially opened to the public on April 23, 2025. This marks the San Antonio-based credit union’s sixth financial center in the city and seventh overall, with one financial center in Del Rio, TX. “At Soarion Credit Union, we constantly strive for new and innovative financial solutions that benefit our members,” said Ric Ledezma, Soarion Credit […] - [Cooperative Credit Union Association and Reseda Group Form Partnership to Drive Credit Union Innovation and Growth](https://thecreditunionconnection.com/cooperative-credit-union-association-and-reseda-group-form-partnership-to-drive-credit-union-innovation-and-growth/): The Cooperative Credit Union Association’s (CCUA) proudly announces a new partnership with Reseda Group, a leading credit union service organization (CUSO) dedicated to helping credit unions thrive through product development, strategic investments, innovative fintech solutions, and scalable technology. This collaboration expands access to cutting-edge financial tools, digital solutions, and operational efficiencies designed to support long-term growth and enhance member engagement. An affiliate of Michigan State University Federal Credit Union, Reseda Group is the creator of two flagship solutions designed to meet the evolving needs of credit unions and their members. Ever Green by Reseda Group is a comprehensive financial wellness […] - [Coastal Credit Union Foundation Announces Grants for Q1 2025](https://thecreditunionconnection.com/coastal-credit-union-foundation-announces-grants-for-q1-2025/): The Coastal Credit Union Foundation has awarded $348,500 to 19 nonprofits in North Carolina during its Q1 2025 grant cycle. The grants given to these nonprofits will improve access to resources and support affordable housing and financial well-being programs throughout our local communities.   “In addition to covering the foundation’s areas of focus, these grants also address several of the developmental issues that credit unions work to solve, including Diversity and Equity, Education, Employment, Health, Housing, Hunger, and Savings.” said Foundation Executive Director Emily Nail.  The Foundation’s recent grantees include:  Access to Resources  Affordable Housing  Financial Well-Being  - [Members First CU Announces 2025 Scholarship Recipients](https://thecreditunionconnection.com/members-first-cu-announces-2025-scholarship-recipients/): Members First Credit Union (M1) is proud to announce the recipients of its annual scholarship program, awarding $2,500 to four outstanding students who exemplify leadership, academic success, and community commitment. Each scholarship honors M1 members making a difference through higher education.  Anirudh Krishnan, a freshman at Johns Hopkins University studying Applied Mathematics and Statistics, is a 2024 graduate of Plymouth High School. He was named Scholar Athlete of the Year and founded AK Friendship Circle, supporting neurodiverse youth.  Avery Kelliher, an incoming student at Taylor University majoring in Film and Media, is a dedicated student-athlete from Jenison High School. She’s […] - [Inclusiv Awarded $5 Million to Increase Access to Capital for Small Businesses through CDFI Credit Unions in New York State ](https://thecreditunionconnection.com/inclusiv-awarded-5-million-to-increase-access-to-capital-for-small-businesses-through-cdfi-credit-unions-in-new-york-state/): The historic funding is made possible by the Empire State Development New York State’s Empire State Development (“ESD”) awarded Inclusiv $5 million to expand access to small business lending through CDFI credit unions in the state. This is a first-of-its-kind partnership between Inclusiv and ESD that will help increase access to capital for small businesses in low income and underserved communities served by CDFIs throughout the state.   Empire State Development EVP of Small Business and Technology Development Elizabeth Lusskin said, “Small businesses are the engines of New York’s economy, and the anchors of our communities, and Empire State Development is […] - [Gesa Credit Union Announces Grand Opening of Student-Run Lynnwood High School Branch](https://thecreditunionconnection.com/gesa-credit-union-announces-grand-opening-of-student-run-lynnwood-high-school-branch/): Gesa today announced the grand opening of its newest High School Credit Union (HSCU) Program at Lynnwood High School. This new location marks Gesa’s 18 student-run branch statewide and its first within the Edmonds School District, showcasing its commitment to empowering students through financial education and hands-on experience.  The Lynnwood High School branch brings financial services directly to students while giving them the opportunity to build practical skills in money management, customer service and leadership. This launch builds on Gesa’s existing support for the school, including through the Lynnwood High School Affinity Card, which helps raise funds for the school’s […] - [Greater Texas|Aggieland Credit Union Earns Three Diamond Awards in Annual National Marketing Competition](https://thecreditunionconnection.com/greater-texasaggieland-credit-union-earns-three-diamond-awards-in-annual-national-marketing-competition/): Greater Texas|Aggieland Credit Union took home three prestigious Diamond Awards from the America’s Credit Unions Marketing, PR & Development Council’s annual competition for marketing excellence. Greater Texas Credit Union was a Category Best highest-scoring winner in two categories: credit/debit card designs and “diamond in the rough” for great creative efforts on a small campaign budget. The design award was for Greater Texas’ “Greetings from Texas” debit card design that featured an old-fashioned big letter postcard style with the state’s name prominently displayed. A variation, “Howdy from Texas” was done for the Aggieland subsidiary, reflecting an Aggie tradition. Its small budget award involved a […] - [Credit Union Coalition Warns: Taxing Credit Unions Is A Tax On 140 Mil+ Americans](https://thecreditunionconnection.com/credit-union-coalition-warns-taxing-credit-unions-is-a-tax-on-140-mil-americans/): As Budget Talks Heat Up, Credit Union Advocates Join Voices in Resounding Call to Congress: Preserve Credit Union Tax Status “Taxing credit unions would be a regressive move that hits working families hardest. It’s not fiscal responsibility—it’s fiscal harm.” As Congress intensifies discussions around budget reconciliation and the expiring provisions of the 2017 tax law, more than a dozen credit union organizations—representing over 4,500 institutions and 140 million member-owners—have issued a unified call to lawmakers: preserve the historic tax status for America’s not-for-profit financial institutions, credit unions. A coalition of credit union advocates, including the Defense Credit Union Council (DCUC), […] - [SchoolsFirst FCU Sponsors Awards Gala for Santa Maria-Bonita School District](https://thecreditunionconnection.com/schoolsfirst-fcu-sponsors-awards-gala-for-santa-maria-bonita-school-district/): Awards recognize excellence among the district’s teachers, administrators and classified employees SchoolsFirst Federal Credit Union today announced its sponsorship of the Santa Maria-Bonita School District’s Excellence in Education Awards Gala held on March 6. The event celebrated the achievements of the district’s employees by honoring the talent, dedication and passion they bring to make Santa Maria-Bonita schools exceptional. Excellence in Education Awards are presented in three categories: classified employees, certificated employees (teachers) and administrative employees. “By recognizing their district’s excellent teachers, administrators and classified employees, Santa Maria-Bonita is ensuring that its schools create an environment that creates a positive impact for […] - [Essential CU Relies on LaCorp, SimpliCD When Liquidity’s Tight](https://thecreditunionconnection.com/essential-cu-relies-on-lacorp-simplicd-when-liquiditys-tight/): CEO Savoie well-positioned to advise member credit unions Purchasing nonmember deposits through Louisiana Corporate Credit Union’s (LaCorp’s) SimpliCD partnership helped Essential Credit Union continue funding services to its members in recent years, CEO Richard Williams said, particularly the credit union’s indirect auto lending program. The $390 million Essential CU uses LaCorp for a corporate account for accounts payables and contingency liquidity line of credit, as well as SimpliCD through the corporate’s platform. LaCorp has $187 million in assets, a nationwide field of membership and is based in Metairie, La.  It’s not just the money management Williams is after from LaCorp; […] - [American Heritage Credit Union ‘Banks’ on Comcast Business to Drive Innovation and Strategic Expansion](https://thecreditunionconnection.com/american-heritage-credit-union-banks-on-comcast-business-to-drive-innovation-and-strategic-expansion/): Comcast Business is providing American Heritage Credit Union (American Heritage) with advanced connectivity solutions including Comcast Business Ethernet Network Services, Dedicated Internet, and Comcast Business Global Secure Networking and Voice services across 37 locations, including two newly opened branches in New Jersey. The solutions streamline operations and deliver an enhanced experience for the financial cooperative that serves more than 300,000 customers across Pennsylvania and New Jersey. Founded in 1948, American Heritage has grown into one of the region’s largest member-owned financial cooperatives. Comcast Business has been instrumental in helping the credit union so it can continue its strategic expansion, including its most recently opened branches, […] - [PenFed Credit Union Offers up to $350 Bonus for Financing an Auto Loan](https://thecreditunionconnection.com/penfed-credit-union-offers-up-to-350-bonus-for-financing-an-auto-loan/): Bonus offer available through May 12, 2025 PenFed Credit Union is offering a $200 bonusi for financing a PenFed auto loan and $150 for using a PenFed checking account to make two months of automatic payments for the full amount dueii. The offer period ends May 12, 2025. To qualify for the full bonus, members must finance an auto purchase or refinance a current auto loan from an institution outside PenFed with a PenFed auto loan and use a PenFed checking account to make two monthly recurring payments on an auto loan funded at greater than $10,000. The $200 bonus will be deposited to the primary applicant’s share savings account […] - [Lake Trust Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/lake-trust-credit-union-selects-upstart-for-personal-lending/): Lake Trust Credit Union (Lake Trust) has announced its partnership with Upstart (NASDAQ: UPST) to offer personal loans to more consumers. “At Lake Trust, we are committed to supporting our members and the communities we serve across the state in their path to financial wellbeing,” said David Morgan, Chief Lending Officer & EVP of Lending at Lake Trust Credit Union. “With Upstart, we’ve been able to reach more prospective members digitally and provide new members a competitive personal lending offering that fits their needs and supports them in meeting their financial goals.” Lake Trust Credit Union started lending as a […] - [EMERGE 2025 Concludes with Record Attendance and Practical AI Solutions for Community Financial Institutions](https://thecreditunionconnection.com/emerge-2025-concludes-with-record-attendance-and-practical-ai-solutions-for-community-financial-institutions/): Contact Center Excellence, Telephony Solutions, and Payment Solutions Take Center Stage at Eltropy’s Annual Conference Eltropy announced the successful conclusion of EMERGE 2025, which brought together a record 300 credit union and community bank leaders to explore advances in member service technology. The company’s third annual user conference – a four-day event held April 22-25 at the InterContinental San Francisco – featured packed sessions on contact center optimization, unified communications, and real-world AI applications. “The true magic of EMERGE 2025 was seeing firsthand how collaboration between credit unions and community banks leads to practical solutions that work in the real […] - [Unilever Federal Credit Union Closes](https://thecreditunionconnection.com/unilever-federal-credit-union-closes/): Member Deposits Remain Protected to at Least $250,000 by the Share Insurance Fund The National Credit Union Administration (NCUA) today liquidated Unilever Federal Credit Union of Englewood Cliffs, New Jersey. The NCUA made the decision to liquidate Unilever FCU and discontinue operations after determining the credit union was insolvent and had no prospect of restoring viable operations. Member deposits are federally insured by the National Credit Union Share Insurance Fund to at least $250,000. NCUA’s Asset Management and Assistance Center will issue correspondence to individuals holding verified share accounts in the credit union within one week. Members may direct questions […] - [RCU Celebrates Small Business Growth—in May and Every Day](https://thecreditunionconnection.com/rcu-celebrates-small-business-growth-in-may-and-every-day/): May is Small Business Month; Small Business Week is May 4-10 As Redwood Credit Union (RCU) marks 75 years of service, it’s celebrating not just its own history but the stories of the small businesses that helped shape the community alongside it. One such company is Hog Island Oyster Co. Like RCU, Hog Island is deeply rooted in community—it’s celebrating its 42nd anniversary—while also focused on building strong relationships and a sustainable future. According to Hog Island founder and CEO John Finger, growing the blue food economy—through proteins sourced from aquatic environments—contributes to a more resilient and equitable food system. To help reduce […] - [Aux Enters 2025 With Strong Client Growth Momentum](https://thecreditunionconnection.com/aux-enters-2025-with-strong-client-growth-momentum/): Aux announces the addition of 10 new clients, marking continued momentum in the demand for its accounting and CFO consulting expertise. The new partnerships include:  Accounting:  UNITY OF EATONVILLE FCU  COAST GUARD EMPLOYEES CU  STRATA CU  ALTA VISTA CU  ROCHESTER & MONROE COUNTY EMPLOYEE FCU  NEW HAMPSHIRE FCU  CFO Services:  ACCLAIM FCU  Accounting and CFO Services:  LISBON COMMUNITY FCU  GENUINE PARTS CU  KANSAS TEACHERS COMMUNITY CU  These new partnerships further affirm Aux’s commitment to providing personalized, flexible and high-quality back-office support designed specifically for credit unions. By meeting the evolving needs of the industry, Aux continues to strengthen its position […] - [First Financial Awards 55 Graduating High School Students with $165,000 in Scholarships](https://thecreditunionconnection.com/first-financial-awards-55-graduating-high-school-students-with-165000-in-scholarships/): To support the graduating class of 2025 in the local youth community, First Financial Federal Credit Union has awarded $165,000 in scholarships to 55 graduating seniors for post-secondary education through its Scholarship Program.  The program is open to graduating students who attend Baltimore, Carroll, Worcester, and Somerset County Public Schools as well as private schools within the credit unions field of membership. Scholarship recipients were recognized at the credit union’s 72nd Annual Meeting on April 17, 2025.  Since the commencement of the annual scholarship program in 1998, First Financial has granted scholarships totaling $2.7 million awarded to over 860 students.  To be eligible for the $3,000 scholarship, […] - [Velera Selected as Debit and Credit Processing Partner for 802 Credit Union](https://thecreditunionconnection.com/velera-selected-as-debit-and-credit-processing-partner-for-802-credit-union/): Velera announced it has been selected to provide debit and credit card processing support to 802 Credit Union (802CU).  802CU was formed in 2020 when two not-for-profit financial institutions with a combined 70 years of service to communities in Vermont joined forces. Today, 802CU serves over 37,000 members at nine branch locations across Vermont and holds $416 million in assets. The credit union is committed to providing local, personalized services that make a positive difference in the lives of its members and the community.  During its search for a debit and credit processing provider, 802CU was seeking to identify a true partner […] - [First Harvest Credit Union Hosts Bring Your Child to Work Day](https://thecreditunionconnection.com/first-harvest-credit-union-hosts-bring-your-child-to-work-day/): Event Includes Visits by First Responders, Credit Union Education, and Volunteer Activities First Harvest Credit Union (“First Harvest”) was thrilled to recently host the children of our employees during the 2025 Bring Your Child to Work Day held at the First Harvest Corporate Center in New Jersey. A group of 24 children joined credit union employees for this year’s theme “For a New Generation,” with the goal of connecting kids with role models in various fields to gain insight and explore possible future career endeavors. First Harvest Credit Union’s 2025 Bring Your Child to Work Day Event. Throughout the day, […] - [Afena Federal Credit Union Accelerates Digital Transformation, Supported by MDT](https://thecreditunionconnection.com/afena-federal-credit-union-accelerates-digital-transformation-supported-by-mdt/): MDT today announced that it has supported Marion, Indiana-based Afena Federal Credit Union in the execution of several digital initiatives designed to help meet members where they are, offering convenience, security and financial empowerment. MDT has served as a partner in this journey, helping to integrate advanced functionalities and new features to enhance the member experience. As a Community Development Financial Institution (CDFI), Afena Credit Union remains dedicated to ensuring financial access for all, helping bridge the gap between financial challenges and financial success – regardless of socio-economic background. With its field of membership expanding and member expectations evolving, the credit union […] - [Memorial Credit Union Launches Mahalo’s Thoughtful Banking® Platform to Strengthen Digital Access and Member Engagement](https://thecreditunionconnection.com/memorial-credit-union-launches-mahalos-thoughtful-banking-platform-to-strengthen-digital-access-and-member-engagement/): New platform enhances app customization, supports member-centric banking Mahalo Banking today announced that Memorial Credit Union (Memorial CU) has successfully launched its Thoughtful Banking® platform. This implementation introduces a redesigned interface, expanded personalization options, and an optimized account management experience for Memorial CU’s members. The transition to Mahalo was part of the credit union’s broader strategy to modernize its digital infrastructure and offer more intuitive self-service capabilities. The initial launch included a focused effort on account registration and joint account functionality as Memorial CU transitioned to a member-centric core model alongside their conversion to Corelation KeyStone. Early feedback highlighted the […] - [Global Credit Union to Open Spokane Financial Center](https://thecreditunionconnection.com/global-credit-union-to-open-spokane-financial-center/): Global Credit Union is excited to announce the grand opening of the new Spokane Financial Center, a 4,984 square-foot, state-of-the-art facility that will serve as a one-stop shop for members’ financial needs. This new center, located at 1505 W 4th Ave., will feature a Global Credit Union branch and offices for both Global Credit Union Insurance Brokers and Global Credit Union Home Loans. Inside, visitors will find an accessible, open-concept layout. The exterior of the building features two drive-up Interactive Teller Machines. “This state-of-the-art facility marks a significant step forward in Spokane,” said Geoff Lundfelt, President and CEO of Global […] - [Black Dragon Capital℠ Partners with Canvas Credit Union to Explore Innovative Technologies for Fintech](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-partners-with-canvas-credit-union-to-explore-innovative-technologies-for-fintech/): Collaboration with innovative credit union and top performing investment group aimed at creating sustainable technologies to make credit unions more competitive in serving their community  Black Dragon Capital℠ has announced their partnership with Canvas Credit Union. Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon Capital℠ is a multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a proven ability of transforming and growing companies. Canvas […] - [DCUC Hosts Successful Town Hall Discussion with Congressman and U.S. House Majority Whip Tom Emmer (MN-06)](https://thecreditunionconnection.com/dcuc-hosts-successful-town-hall-discussion-with-congressman-and-u-s-house-majority-whip-tom-emmer-mn-06/): The Defense Credit Union Council (DCUC) successfully hosted an exclusive Town Hall discussion featuring Congressman Tom Emmer (MN-06), U.S. House Majority Whip. The event offered DCUC members and Defense Matters 2025 attendees an invaluable opportunity to hear and engage directly with one of Congress’s key leaders on issues impacting credit unions and the broader financial services industry. The virtual discussion covered critical topics, including Congressman Emmer’s insights on digital asset regulation, financial services priorities in the House, bipartisan legislative efforts, and how credit unions can effectively advocate in Washington, D.C. “America’s credit unions play a key role in serving our […] - [United Federal Credit Union Receives Recognition from United Way of Southwest Michigan and University of Nevada, Reno](https://thecreditunionconnection.com/united-federal-credit-union-receives-recognition-from-united-way-of-southwest-michigan-and-university-of-nevada-reno/): United Federal Credit Union (United) is pleased to announce that it has been recognized by two esteemed organizations within the same week for its outstanding contributions to the community and higher education. On Thursday, April 24, United was awarded the Whirlpool Community Commitment Award by United Way of Southwest Michigan. This prestigious award, named after Whirlpool for its significant fundraising efforts, acknowledges United’s dedication to community service and its impactful contributions. The award was presented by Whirlpool, and Jodie Kitchell, Regional Vice President accepted the award on behalf of United. “United strives to live by the credit union philosophy of […] - [VSoft Ushers In New Era: Modernizing Core Banking with API-First, Real-Time Solutions for Financial Institutions](https://thecreditunionconnection.com/vsoft-ushers-in-new-era-modernizing-core-banking-with-api-first-real-time-solutions-for-financial-institutions/): VSoft Corporation is ushering in a new era of innovation, focused on modernizing core banking with API-first, real-time solutions for banks and credit unions.  Under the leadership of Abhishek Veeraghanta, President of VSoft, the company is focused on delivering cutting-edge core and digital banking solutions specifically designed for modern financial institutions facing increased pressure to innovate. Veeraghanta, a fintech visionary, brings a wealth of expertise to his expanded role at VSoft. In 2022, he launched Pidgin, an Atlanta-based fintech and FedNow Service early adopter, enabling financial institutions to offer real-time payments to their account holders. Veeraghanta’s appointment signals VSoft’s commitment to driving innovation […] - [Unlocking Member Engagement: Inside Rio Grande Credit Union's Digital Transformation](https://thecreditunionconnection.com/unlocking-member-engagement-inside-rio-grande-credit-unions-digital-transformation/): In today’s fast-paced digital world, connecting with members is more crucial than ever for credit unions. With up to 80% of account holders primarily interacting through digital channels, the digital branch has become prime real estate for fostering engagement. But how can credit unions cut through the noise and deliver truly impactful digital experiences? A recent interview with Preetha Pulusani, CEO of DeepTarget, and David Miles, AVP of Marketing at Rio Grande Credit Union, sheds light on how targeted, personalized communication is revolutionizing member engagement and driving remarkable results. DeepTarget, a technology platform enabling financial institutions to enhance their digital […] - [A Journey of Growth, Resilience, and Hope: LAFCU’s Pathway to Financial Transformation Graduates Celebrate Success](https://thecreditunionconnection.com/a-journey-of-growth-resilience-and-hope-lafcus-pathway-to-financial-transformation-graduates-celebrate-success/): In LAFCU’s community room, a sea of blue caps and gowns moved with excitement as proud graduates of the 2024–2025 Pathway to Financial Transformation program stepped forward to mark the end of a life-changing journey. Surrounded by family, friends, and LAFCU staff, the graduates—ranging in age, background and life experience—shared stories of transformation, perseverance, and hope. While each path to graduation was unique, a common thread wove them all together: the desire to build a better financial future, not just for themselves, but for those they love.  Spanning eight months and 16 modules, the Pathway to Financial Transformation program is […] - [Future Of Lending Takes Center Stage: Origence Announces Powerful Breakout Session Lineup For Lending Tech Live ‘25](https://thecreditunionconnection.com/future-of-lending-takes-center-stage-origence-announces-powerful-breakout-session-lineup-for-lending-tech-live-25/): Sessions address AI strategies, auto lending trends, operational efficiencies, and regulatory compliance Origence announces breakout sessions for its Lending Tech Live ’25 conference, scheduled June 16-18, 2025, at the Omni Nashville Hotel in Nashville, Tennessee. This announcement follows the news of General Bradford Shwedo, Steve Brown, and Sheryl Connelly as keynote speakers. This year’s tracks will focus on auto lending trends, the evolution of online car buying, AI-driven innovation, operational efficiency, regulatory compliance, and strategies to enhance the digital member experience. Attendees can attend the following breakout sessions: ·       The Evolution of Tomorrow’s Auto Shopper and Online Lending Experience o   Discover how the rise of online borrowing […] - [Unitus Community Credit Union Hosts First Annual Earth Day Celebration](https://thecreditunionconnection.com/unitus-community-credit-union-hosts-first-annual-earth-day-celebration/): Community partners join credit union to educate, inspire, and commit to protecting and preserving natural resources Unitus Community Credit Union and several community partners celebrated collaborative sustainability efforts at the credit union’s first annual Earth Day Celebration. The Wetlands Conservancy hosted a “hike and learn” volunteer event at Unitus’ five-acre wetlands, where participants learned about the importance of the ecosystem, the plants and animals that inhabit the wetlands, and how sustainability and advocacy efforts help protect the native environment. Unitus leaders presented information about future sustainability and wetlands plans, including an observation deck, trails, and stewardship. The event also celebrated Unitus’ overall sustainability initiative, […] - [Climb Credit Union Honored with Champion for Kids Award from Kenzi’s Causes](https://thecreditunionconnection.com/climb-credit-union-honored-with-champion-for-kids-award-from-kenzis-causes/): Aurora Branch Manager Selena Aarness Receives Special Recognition at Annual Gala Climb Credit Union is proud to announce it has received the Champion for Kids award from Kenzi’s Causes, a Colorado nonprofit dedicated to supporting underprivileged children and families through community-driven initiatives. The award was presented during the organization’s annual gala on April 5, where Climb also made a $500 donation to support Kenzi’s Causes’ ongoing programs. Aurora Branch Manager Selena Aarness accepted the award on behalf of Climb and was individually recognized for her exceptional dedication and volunteerism. Climb has been a longtime advocate and annual sponsor of Kenzi’s […] - [CDFI Certification Application General Q&A Webinar](https://thecreditunionconnection.com/cdfi-certification-application-general-qa-webinar/): Reminder: Next CDFI Certification Webinar is May 1st The CDFI Fund’s monthly Certification webinars, which are intended to serve as a forum for potential CDFI Certification Applicants, Certified CDFIs, and other CDFI Certification stakeholders to ask questions and discuss CDFI Certification and the CDFI Certification process, have been scheduled for calendar year 2025. The webinars are open to the general public and do not require advance registration. More information can be accessed on the CDFI Fund’s website, here. The next scheduled CDFI Certification webinar takes place from 3:00 pm-4:15 pm Eastern Time on May 1, 2025. See below for access information. […] - [Silver State Schools Credit Union & the People Over Profit (POP) Foundation Award $80,000 in Scholarships to Ten Southern Nevada High School Seniors](https://thecreditunionconnection.com/silver-state-schools-credit-union-the-people-over-profit-pop-foundation-award-80000-in-scholarships-to-ten-southern-nevada-high-school-seniors/): Silver State Schools Credit Union (SSSCU), in partnership with its charitable arm, the People Over Profit (POP) Foundation, proudly announces the ten recipients of its 2025 Scholarship Program. These exceptional Southern Nevada High School Seniors will each receive a $2,000 scholarship for the upcoming fall semester—renewable annually for up to four years, totaling up to $8,000 per student. Since 1989, SSSCU has awarded over $1.3 million in scholarships to support the educational journeys of Nevada students. The POP Foundation Scholarship Program recognizes students who exemplify academic excellence, leadership, volunteerism, and commitment to commu- nity service. Each scholarship is named in […] - [Affinity Federal Credit Union Opens Branch in White Plains](https://thecreditunionconnection.com/affinity-federal-credit-union-opens-branch-in-white-plains/): The new branch serves members in the vibrant White Plains area with banking services and financial wellbeing focused community resources Affinity Federal Credit Union (“Affinity”) has opened a new branch location in White Plains, New York, expanding its ability to serve and connect with members in the area. The White Plains branch is large, easy to access, and centrally located, allowing Affinity to expand its reach in the local community. The White Plains team includes six staff members, including several bilingual teammates and two Certified Wellbeing Coaches. The branch offers personalized support for all banking needs and goes beyond the basics […] - [Seasons Federal Credit Union Rebrands to Ellafi Federal Credit Union](https://thecreditunionconnection.com/seasons-federal-credit-union-rebrands-to-ellafi-federal-credit-union/): Connecticut’s First Credit Union Focused on Women and Their Allies Seasons Federal Credit Union is embracing a bold new chapter, rebranding as Ellafi Federal Credit Union on April 28, 2025. As it celebrates 90 years of service and 20 years as Seasons, the credit union is evolving to better serve its members and community, with a mission centered on financial independence and economic resilience for women and their allies, collectively referred to as women+. Ellafi is Connecticut’s first credit union dedicated to women+, offering banking solutions, financial resources, and a supportive community built on inclusion and empowerment. More than a name change, […] - [NCUA Board Dismissals Spark Lawsuit from Former Members Todd Harper and Tanya Otsuka](https://thecreditunionconnection.com/ncua-board-dismissal-suit-filed-by-todd-harper-and-tanya-otsuka/): Update 4/28 – 1:40 PM: Jim Nussle, America’s Credit Unions President and CEO said the following: “America’s Credit Unions is closely reviewing the lawsuit filed by former NCUA Board members Todd Harper and Tanya Otsuka challenging their dismissals. Our position remains firm in that credit unions’ federal regulator should be an independent, bipartisan board. As the administration has yet to propose nominations to fill the two current vacancies, we continue to engage the NCUA to gain further insights as to what initiatives or actions Chairman Hauptman will take as a one-member board. Recently, we have seen similar legal challenges across various federal agencies that have experienced similar dismissals. We will continue to act in […] - [Alliant Credit Union's CRE and Lending Team Closes Successful Q1 with $133 Million in Commitments](https://thecreditunionconnection.com/alliant-credit-unions-cre-and-lending-team-closes-successful-q1-with-133-million-in-commitments/): Commercial Real Estate and Lending Team end the quarter with multi-family, self-storage loans and the largest ever note on note construction loan Alliant Credit Union’s Commercial Real Estate (CRE) and Lending Team has ended a strong first quarter, providing term financing solutions on stabilized properties across multiple asset classes nationwide. Additionally, the CRE team continued to provide back leverage to debt funds involved in supplying developers with bridge and construction financing. Alliant closed the largest note-on-note construction loan in its history with Trez Capital, secured by a $58 million commitment, as well as a note-on-note loan to the Lightstone Group on an […] - [MCU Celebrates New York Roots with New Brand Campaign "We're Here For It"](https://thecreditunionconnection.com/mcu-celebrates-new-york-roots-with-new-brand-campaign-were-here-for-it/): The ad campaign leverages creative, street-style imagery to set MCU apart for its long-standing commitment to New Yorkers. Municipal Credit Union (MCU) today unveiled its new campaign, “We’re Here for It,” a bold rebrand that reflects MCU’s deep connection to the city and its unwavering commitment to helping members of all backgrounds and stages of life navigate the financial challenges and opportunities unique to the Big Apple. Developed in partnership with creative agency DNA&STONE, “We’re Here for It” introduces a fresh, authentic visual identity to MCU, using everyday, DIY-style imagery to celebrate not just what makes New York special but the unique […] - [Care, Clarity, and Connection: The 3 Things Employee Engagement Still Needs](https://thecreditunionconnection.com/care-clarity-and-connection-the-3-things-employee-engagement-still-needs/): Jackie Brown, Founder, Shifting Success Do you remember the birthday cake scene from Office Space? Carl’s waiting patiently for overhyped cake, and the HR lady is excited to oversee the rules, but the rest of the staff is totally over it. They’re present, but not PRESENT. Halfheartedly singing, shoulders slumped, looking at watches – they’re not biting on this employee engagement activity at all. Not one sugar-infused crumbly bite. Who really cares? Especially in uncertain times, employees crave deeper connections – for someone, especially their boss and organization – to actually care about them. Birthday cakes and pizza parties feel cheap […] - [NCUA Board to Hold Meeting on May 22](https://thecreditunionconnection.com/ncua-board-to-hold-meeting-on-may-22/): The National Credit Union Administration Board will hold a meeting on Thursday, May 22 starting at 10 a.m. Eastern. Items on the agenda include: “This Board meeting will provide the public information on the NCUA’s Voluntary Separation Programs, the number of participants, and the agency’s path forward,” NCUA Chairman Kyle S. Hauptman said. “And all of us at NCUA are working together to build a more streamlined agency focused on executing our core mission of protecting the safety and soundness of the credit union system. Stakeholders can rest assured that NCUA is continuing to do the job that Congress demands of […] - [Wescom Financial Grand Opening Celebration at Knott’s Berry Farm Branch on April 29th – Honoring Members Impacted by the Wildfires](https://thecreditunionconnection.com/wescom-financial-grand-opening-celebration-at-knotts-berry-farm-branch-on-april-29th-honoring-members-impacted-by-the-wildfires/): Celebrating the grand opening of this special location plus an afternoon of food, fun, characters, rides and attractions for guests to enjoy Wescom Financial is hosting a grand opening celebration at Knott’s Berry Farm, taking place on Tuesday, April 29, 2025. “Being the first financial institution to open a branch at Knott’s Berry Farm marks a significant milestone for Wescom, and we’re thrilled to be able to share this moment with our very own Wescom team members and the Southern California communities we support,” stated Ashley White, Senior Vice President, Chief Marketing Officer at Wescom. “We’ve also invited a select number […] - [DCUC Calls for Follow-Up Meeting on Unified Industry Action, Critical Priorities](https://thecreditunionconnection.com/dcuc-calls-for-follow-up-meeting-on-unified-industry-action-critical-priorities/): With major issues on the horizon—including the potential threat to the credit union tax status, concerns surrounding the NCUA’s independence, interchange proposals, and more—DCUC recognizes the urgent need for coordinated and collaborative advocacy. “This is not a time for panic—but it is a time for unity,” said Anthony Hernandez, DCUC President/CEO. “We must mobilize with purpose and precision. The decisions made in the coming weeks will shape the future of our industry for years to come.” “This moment demands our full attention and collective action,” said Jason Stverak, Chief Advocacy Officer at DCUC. “Our strength lies in our unity, and […] - [North Island Credit Union Foundation Awards 10 Scholarships to College-Bound San Diego County Students](https://thecreditunionconnection.com/north-island-credit-union-foundation-awards-10-scholarships-to-college-bound-san-diego-county-students/): North Island Credit Union Foundation has awarded 10 scholarships of $1,000 each to college-bound students in San Diego county in its annual College Scholarship Program. Through the program, North Island Credit Union Foundation recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. “We are proud to recognize this year’s outstanding scholarship recipients, whose hard work, determination and commitment to their education truly set them apart,” said North Island Credit Union Foundation President Marvel Ford. “These students represent the bright future of our communities, and we’re honored to […] - [TruWest Credit Union Named Financial Institution of the Year by Priority Financial Group](https://thecreditunionconnection.com/truwest-credit-union-named-financial-institution-of-the-year-by-priority-financial-group/): TruWest® Credit Union is excited to announce it was named Financial Institution of the Year by Priority Financial Group. This esteemed award underscores TruWest’s commitment to excellence in providing exceptional wealth management services and support to its members. This award was based on the credit union’s highest gross revenue and assets out of all the financial institutions on the platform, with the highest Assets Under Management (AUM) at $509 million. TruWest also experienced the highest growth over the prior year in gross revenue and assets. TruWest Credit Union’s advisors have distinguished themselves among their peers and stand out as leaders in their field, embodying […] - [Several Credit Unions Announce New Hires; Members CU Board Chair Retires](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-members-cu-board-chair-retires/): Several credit unions, including Chartway Credit Union and Robins Financial Credit Union, announced new additions to their leadership teams, and Members First Credit Union announced the retirement of its Board Chair. New Hires: Recognitions: Retirements: Promotions: Appointments: - [From Setback to Strength: Coaching Tools for Building Resilient Leaders](https://thecreditunionconnection.com/from-setback-to-strength-coaching-tools-for-building-resilient-leaders/): Corlinda Wooden, Founder, Wooden Consulting Today’s credit union leaders are navigating a complex and ever-changing landscape of economic shifts, rapid technological advances, evolving workforce expectations and rising member demands. Amid all this change, one theme keeps emerging: the need for resilient leadership.  As Vivian Greene reminds us, “Life isn’t about waiting for the storm to pass; it’s about learning how to dance in the rain.”  Today’s leaders are called to do just that. Resilience is often misunderstood as simply bouncing back from adversity. For leaders, it’s far more nuanced. It’s the capacity to adapt quickly, lead with clarity under pressure and sustain […] - [Redstone Honored As Silver Stevie Award Winner in 2025 American Business Awards®](https://thecreditunionconnection.com/redstone-honored-as-silver-stevie-award-winner-in-2025-american-business-awards/): Redstone Federal Credit Union is a Silver Stevie® Award winner in the 23rd Annual American Business Awards®. Redstone was recognized in the Company of the Year – Banking (Large) category for its continued commitment to member service and deep-rooted community involvement. The American Business Awards (ABA) are widely regarded as the premier business awards program in the United States, honoring organizations of all types and sizes for outstanding performance in the workplace. More than 3,600 nominations were submitted for consideration in 2025, across a spectrum of industries. In response to the award, Redstone’s President and CEO, Joe Newberry, shared, “We are incredibly […] - [Creedence Shaw Promoted to Senior Vice President, Chief Business Services Officer at Bay Federal Credit Union](https://thecreditunionconnection.com/creedence-shaw-promoted-to-senior-vice-president-chief-business-services-officer-at-bay-federal-credit-union/): Bay Federal Credit Union is pleased to announce the promotion of Creedence Shaw to Senior Vice President, Chief Business Services Officer. In this elevated role, Mr. Shaw will guide the strategic vision and operational leadership of the Credit Union’s Business Services Department, further advancing Bay Federal’s mission to empower local businesses throughout Santa Cruz, San Benito, and Monterey Counties.  A seasoned financial executive and long-standing advocate for community-focused banking, Mr. Shaw has consistently gone above and beyond in supporting small and mid-sized businesses. Under his leadership, the Business Services team is expanding its reach, delivering tailored lending and deposit solutions […] - [Gesa Credit Union Partners with CHAS Health Foundation to Support Healthcare Workers in the Pacific Northwest](https://thecreditunionconnection.com/gesa-credit-union-partners-with-chas-health-foundation-to-support-healthcare-workers-in-the-pacific-northwest/): The three-year partnership will provide a total of $75,000 in funds to support frontline healthcare workers facing unexpected financial hardship Gesa today announced a new three-year partnership with the CHAS Health Foundation to support the frontline healthcare professionals who serve communities across the Pacific Northwest.  As a part of the agreement, Gesa will proudly serve as the exclusive financial sponsor of the CHAS Health Employee Emergency Fund, contributing $25,000 annually through 2027. The fund provides vital financial relief to CHAS Health employees navigating unexpected personal emergencies such as medical expenses, sudden income loss, housing or food insecurity, and other unforeseen hardships.  “We […] - [NuMark Credit Union Selects Alkami to Power Its Digital Banking Platform](https://thecreditunionconnection.com/numark-credit-union-selects-alkami-to-power-its-digital-banking-platform/): Committed to innovation and member-centric solutions, NuMark Credit Union will enhance digital experiences for retail and business banking members Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced that Illinois-based NuMark Credit Union (NuMark) has chosen Alkami’s Digital Banking Platform to enhance its online and mobile banking experience for both retail and business members. This strategic partnership underscores NuMark’s commitment to providing a seamless, innovative, and user-friendly digital banking experience. Consisting of rich online banking and ACH capabilities, NuMark aims to offer an intuitive and streamlined interface that caters to the evolving needs of its members. Additionally, the integration of Alkami Data & Marketing Solutions will empower NuMark […] - [First Tech Federal Credit Union and Learn Fresh Announce First-of-its-kind Partnership](https://thecreditunionconnection.com/first-tech-federal-credit-union-and-learn-fresh-announce-first-of-its-kind-partnership/): For the first time, First Tech Federal Credit Union (First Tech), a longstanding partner of the nonprofit, Learn Fresh, will serve as the corporate sponsor for their NBA Math Hoops and MLS STEM Goals programs in Portland in collaboration with three local professional sports teams—NBA’s Trail Blazers, MLS’ Timbers, and NWSL’s Thorns. The goal of the partnership is to provide a continuum of STEM learning offerings to students across the region connecting to their passions in sports, which will be offered free of charge to educators to implement. This initiative will feature locally tailored versions of the successful NBA Math […] - [People's Credit Union Partners with Bike Newport to Support the Community Bike Garage](https://thecreditunionconnection.com/peoples-credit-union-partners-with-bike-newport-to-support-the-community-bike-garage/): People’s Credit Union is proud to announce its sponsorship of Bike Newport’s Community Bike Garage, a vital resource that provides bicycle repairs, education, and access to bikes for the community. This partnership underscores a shared commitment to sustainability, accessibility, and community engagement. Bike Newport’s Community Bike Garage empowers bicyclists through hands-on learning, collaborative repairs, and expert guidance from staff and volunteers. The program operates free of charge with donations appreciated, ensuring that personal finances don’t hinder access to important bike maintenance and education. “Participants in the Community Bike Garage are really varied—from experienced riders to kids and adults getting their […] - [Foundation Presents 2024 Impact Report, Affirming Commitment To Financial Well-Being For All](https://thecreditunionconnection.com/foundation-presents-2024-impact-report-affirming-commitment-to-financial-well-being-for-all/): Foundation presents impact report demonstrating positive outcomes over the past year The National Credit Union Foundation (the Foundation) today announced the 2024 Impact Report, which highlights the significant achievements reached on the mission of being a catalyst to improve people’s lives through credit unions and to drive forward the work of financial well-being for all. This detailed report provides an overview of the Foundation’s efforts to support the growth of credit unions, help members and employees thrive, and contribute to the prosperity of communities nationwide. Key highlights from the 2024 Impact Report include: “At the heart of our mission is the […] - [Element 22 Commercial Group and Innovative Business Solutions Announce Collaboration](https://thecreditunionconnection.com/element-22-commercial-group-and-innovative-business-solutions-announce-collaboration/): Element 22 Commercial Group and Innovative Business Solutions recently finalized their collaboration with the goal of making business services the most efficient and member-focused as possible. Both organizations are Credit Union Service Organizations (CUSOs) that provide entirely customized solutions tailored specifically towards each Credit Union’s business services needs. This new alliance will provide Credit Unions with the resources to streamline their business services program, while growing and retaining business members. “We are excited to expand our ability to assist our existing and new customers with the opportunity to enhance their existing Member Business Lending or commercial deposit product suite,” comments […] - [FCTI and NCR Atleos Expand Access to Self-Service Banking for Millions of Cardholders at 7-Eleven Stores](https://thecreditunionconnection.com/fcti-and-ncr-atleos-expand-access-to-self-service-banking-for-millions-of-cardholders-at-7-eleven-stores/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced it has entered into a long term business relationship to bring Atleos’ Allpoint Network to more than 4,000 7-Eleven stores across the United States providing expanded, more convenient access to everyday banking transactions for its issuer members and their cardholders. FCTI, a trusted provider and partner to 7-Eleven with more than 8,400 managed ATMs, continuously pursues products, services, and relationships that grow foot traffic and store sales through the in-store category of financial services. By enabling Atleos’ Allpoint Network surcharge-free cash withdrawals and cash deposits at thousands of 7-Eleven stores, FCTI is fulfilling on its […] - [Robins Financial Credit Union Opens 24th Branch in Milledgeville, Georgia](https://thecreditunionconnection.com/robins-financial-credit-union-opens-24th-branch-in-milledgeville-georgia/): Robins Financial Credit Union is proud to announce the grand opening of its 24th branch, Sinclair, in Milledgeville, Georgia. This expansion marks another milestone in the credit union’s ongoing commitment to growth and providing exceptional financial services to its members. “We are excited to expand our services in the Milledgeville community,” remarks Christina O’Brien, President and CEO of Robins Financial Credit Union. “The opening of our Sinclair branch represents our commitment to expanding access to convenient banking solutions for our members. We look forward to building long lasting relationships with our members in this area.” The Eatonton-Putnam Chamber of Commerce also recognizes […] - [Amount Lauches New Enhancements to Help Grow Deposits Faster](https://thecreditunionconnection.com/amount-lauches-new-enhancements-to-help-grow-deposits-faster/): Amount today announced a suite of powerful platform enhancements designed to give banks and credit unions greater control over deposit growth, risk management, compliance, and credit decisioning. With expanded tools to streamline account opening and optimize deposit strategies, these updates empower financial institutions to attract and onboard customers faster while maintaining the flexibility and oversight needed to thrive in a shifting economic landscape. New capabilities available in this release include: Each enhancement reflects direct feedback from Amount’s banking and credit union clients and addresses real-world challenges including adapting credit strategy and navigating regulatory and risk pressures. The platform enhancements also […] - [Nymeo Federal Credit Union Brings Real-World Financial Lessons to Middle School Students](https://thecreditunionconnection.com/nymeo-federal-credit-union-brings-real-world-financial-lessons-to-middle-school-students/): Nymeo Federal Credit Union, in partnership with Crestwood Middle School and the CU Foundation MD|DC, brought a real-world, hands-on money management experience to Frederick County seventh graders—just in time for April’s Financial Literacy Month. While Financial Reality Fairs are typically reserved for high school students, Crestwood’s Career Coach Dana Baker saw an opportunity to bring a modified version to middle schoolers. “Although the Reality Fair is typically done in high schools, I wanted to bring a modified Reality Fair to Crestwood Middle School because I thought it would be a great opportunity for students to apply what they have learned in the career and financial […] - [Samantha Beeler Appointed to Florida’s Statewide Council on Human Trafficking](https://thecreditunionconnection.com/samantha-beeler-appointed-to-floridas-statewide-council-on-human-trafficking/): The League of Credit Unions & Affiliates is proud to announce that President Samantha Beeler has been appointed to serve as a member of the Statewide Council on Human Trafficking by the Office of the Attorney General. Her term began on April 21, 2025, and will run through June 30, 2028. Beeler’s appointment comes at a pivotal moment, as The League recently partnered with the Florida Legislature to launch F.I.G.H.T. – Financial Institutions Against Human Trafficking – an initiative designed to unite credit unions, banks, law enforcement, and advocates in a shared mission to end trafficking. “Human trafficking is a $236 billion industry […] - [Summit Credit Union Awarded Top Workplaces in Madison, Milwaukee and the USA](https://thecreditunionconnection.com/summit-credit-union-awarded-top-workplaces-in-madison-milwaukee-and-the-usa/): Summit Credit Union has been named a Top Workplace in Madison, Milwaukee and the USA.  Nominated organizations were judged using company-wide surveys measuring employee engagement. Survey categories include communication and cooperation, development opportunities, leadership and more.  “As a purpose-driven organization, we hire talented people who care about each other while improving members’ lives and making our communities better,” said Summit CEO & President Kim Sponem. “Top Workplaces is a reflection of the work our team does together in making a difference in people’s lives.” Summit Credit Union was named one of the Top Workplaces in Greater Madison for the sixth […] - [MDT Names Emily Szymczak Chief Financial Officer](https://thecreditunionconnection.com/mdt-names-emily-szymczak-chief-financial-officer/): Seasoned executive joins CUSO to drive financial strategy and support meaningful growth MDT today announced the appointment of Emily Szymczak as Chief Financial Officer, helping support and guide the company’s financial strategy at scale. Szymczak brings over 23 years of dynamic financial expertise to the role, including a strong background in M&A, process improvement and financial planning and analysis. Her career began in consulting, where she spent a decade immersed in projects involving strategy, turnaround and M&A. From there, she accepted a role at a major Chicago-based ad agency, partnering with account teams to manage revenue, billing and profitability for the agency’s largest […] - [myCUmortgage Starts the Year Strong by Signing Eight New Credit Union Partnerships](https://thecreditunionconnection.com/mycumortgage-starts-the-year-strong-by-signing-eight-new-credit-union-partnerships/): Credit Union Service Organization’s new partners represent 289,000 members and $4.7 billion in assets myCUmortgage kicked off 2025 prominently by partnering with eight credit unions from across the country, providing them with a comprehensive suite of mortgage solutions supported by five-star service. myCUmortgage is a Credit Union Service Organization (CUSO), wholly owned by Wright-Patt Credit Union. The eight new partners joining myCUmortgage include: These new partnerships represent nearly 289,000 members and over $4.7 billion in assets. “As the spring homebuying season gets underway, we’re eager to partner with credit unions that are thrilled to help more members with homeownership, no matter the season,” said Paul […] - [Worldwide Foundation for Credit Unions Celebrates 2025 ICUDE Graduates](https://thecreditunionconnection.com/worldwide-foundation-for-credit-unions-celebrates-2025-icude-graduates/): 9 global leaders honored for commitment to cooperative impact The Worldwide Foundation for Credit Unions (WFCU) proudly welcomes nine new professionals into the global credit union community as part of the International Credit Union Development Educators (ICUDEs) Class of 2025. This esteemed designation recognizes individuals who have demonstrated exceptional dedication to cooperative values, global engagement and the advancement of financial inclusion. This year’s class brings together professionals from across Africa, the Caribbean and the United States—reflecting the collaborative spirit and cross-cultural strength that define the credit union movement. The 2025 ICUDE honorees include: Africa Caribbean United States To earn the […] - [BrightBridge Credit Union and GoodWorks Foundation Announce the Officer Paul Tracey Memorial Scholarship](https://thecreditunionconnection.com/brightbridge-credit-union-and-goodworks-foundation-announce-the-officer-paul-tracey-memorial-scholarship/): Scholarship honors the memory of the officer who died in the line of duty in 2023 BrightBridge Credit Union (BrightBridge) and the GoodWorks Foundation announced the Officer Paul Tracey Memorial Scholarship in a press conference held at the Waltham Police Department headquarters (155 Lexington Street) on Wednesday. The scholarship honors the late Waltham police officer who was fatally struck by a vehicle, along with National Grid employee Roderick Jackson, while working a detail on Dec. 6, 2023. Officer Tracey served with the Waltham Police Department for 28 years and was a dear friend to many throughout the community. He is survived […] - [Financial Plus Credit Union Announces Multi-Year Commitment to Benefit Kettering University](https://thecreditunionconnection.com/financial-plus-credit-union-announces-multi-year-commitment-to-benefit-kettering-university/): Financial Plus Credit Union and Kettering University have launched a strategic partnership aimed at enhancing financial education and resources for students. The collaboration was celebrated with a special announcement at Kettering’s Society of Automotive Engineers (SAE) Garage, where Financial Plus leadership unveiled the exclusive Kettering-branded debit card and placed a symbolic Financial Plus sticker on the University’s SAE Formula car. “Kettering students are known for their innovation, leadership, and problem-solving skills, and we are proud to support their success beyond the classroom,” said Brad Bergmooser, President & CEO of Financial Plus Credit Union. “Through this partnership, we’re ensuring that students have access to financial tools […] - [Happy Money Named Best Lender for Paying Down Credit Cards by U.S. News & World Report](https://thecreditunionconnection.com/happy-money-named-best-lender-for-paying-down-credit-cards-by-u-s-news-world-report/): Recognized for empowering over 300,000 individuals to tackle high-interest credit card debt through responsible lending Happy Money has been named a winner in the 2025 Money Awards by U.S. News & World Report, the global authority in rankings and consumer advice. The company was recognized as the “Best Lender for Paying Down Credit Cards.” Americans currently carry over $1 trillion in credit card debt, with average interest rates exceeding 20%, causing a significant burden to many middle-market consumers. Juggling multiple high-interest credit cards has become not just a source of stress, but a roadblock to long-term financial stability. Happy Money is addressing […] - [South Carolina Federal Announces 2025 Scholarship Winners](https://thecreditunionconnection.com/south-carolina-federal-announces-2025-scholarship-winners/): South Carolina Federal Credit Union is proud to announce the winners of its 15th annual scholarship program. The credit union will award $45,000 to nine students attending a traditional or technical college in South Carolina for the fall 2025 semester. The winners of this year’s scholarship program are: The applicants were evaluated by three panels of judges who reviewed each student’s academic achievement, community involvement, letter of recommendation, and financial need. The applicants were also asked to submit an essay about how their education will enable them to give back to their community and improve the lives of South Carolinians. “At South Carolina […] - [LBS Financial Credit Union Hosts Hygiene Drive for Cerritos College and Long Beach City College](https://thecreditunionconnection.com/lbs-financial-credit-union-hosts-hygiene-drive-for-cerritos-college-and-long-beach-city-college/): LBS Financial Credit Union delivered over 490 personal hygiene supplies and wish list items to Long Beach City College Viking Vault and Cerritos College Falcon’s Nest as part of their annual Hygiene Drive. The Credit Union purchased thousands of dollars of items on each school’s wish list and also held a hygiene supply drive with employees of the Credit Union during the month of February. In March, the Credit Union delivered items like body wash, deodorant, hand sanitizer, lotion, shampoo, toothpaste and other necessities crucial for maintaining overall good health. “LBS Financial’s commitment has allowed us to enhance our capacity […] - [Talkdesk AI Agents for Financial Services Unlocks Convenient, Secure, Personalized Banking at Scale With Enterprise-Wide Efficiency](https://thecreditunionconnection.com/talkdesk-ai-agents-for-financial-services-unlocks-convenient-secure-personalized-banking-at-scale-with-enterprise-wide-efficiency/): Talkdesk applies agentic AI automation to bank and credit unions’ customer service and support workflows to seamlessly uplevel customer experience Talkdesk®, Inc. today announced a new agentic AI solution—part of the Talkdesk Ascend AI™ platform—purpose-designed for banks and credit unions to deliver high-value, personalized service across the entire customer journey. Unlike one-size-fits-all agentic AI offerings, Talkdesk AI Agents for Financial Services is an out-of-the-box solution built on industry-specific AI models with deep integration into core banking, digital banking, and customer relationship management (CRM) platforms—making it easier for financial services institutions to implement a new level of customer experience automation that delivers real value. Talkdesk AI […] - [Kirtland Federal Credit Union Selects New Cloud-Native Banking Platform Lumin Digital](https://thecreditunionconnection.com/kirtland-federal-credit-union-selects-new-cloud-native-banking-platform-lumin-digital/): Kirtland Federal Credit Union has selected Lumin Digital to enhance and streamline the financial institution’s online and mobile banking services and provide a more seamless banking experience for its members. Kirtland Federal Credit Union sought a digital banking provider prioritizing a safe, efficient user experience while enabling flexible scalability. Lumin Digital’s transparent product roadmap and customizable platform will allow Kirtland Federal Credit Union to upgrade frequently and provide its members with a best-in-class mobile and digital banking experience. “We’re proud to partner with Kirtland Federal Credit Union to deliver an innovative and secure digital banking experience for its members,” said Kelley Michalik, […] - [FedChoice Charitable Foundation Brings Education & Welfare Initiatives to Community with Vizo Financial Empowerment Grant](https://thecreditunionconnection.com/fedchoice-charitable-foundation-brings-education-welfare-initiatives-to-community-with-vizo-financial-empowerment-grant/): FedChoice Charitable Foundation, an organization of FedChoice Federal Credit Union in Lanham, Md., brought several education and welfare initiatives to life in their local communities using funds from Vizo Financial Corporate Credit Union’s Empowerment Grants program. The funds were awarded through The Credit Union Foundation MD|DC and provided $5,000 for the Foundation’s Positive Impact Project, which included three key objectives: educational scholarships, small educators’ grants and community financial wellness.  A total of $2,000 in educational scholarships were granted to high school students to help pursue higher education and financial success. Small educators’ grants in the amount of $500 were given […] - [Chartway Wins Fourth Consecutive Top Workplaces Culture Excellence Award for Innovation](https://thecreditunionconnection.com/chartway-wins-fourth-consecutive-top-workplaces-culture-excellence-award-for-innovation/): Chartway Credit Union is proud to announce it is a 2025 Top Workplaces Culture Excellence Award winner. Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces, presented the award. The Top Workplaces program has a 17-year history of surveying and celebrating people-first organizations nationally and across 60 regional markets. It’s the fourth consecutive year Chartway has been recognized for this award. “We’re incredibly honored to receive the Top Workplaces Culture Excellence award for Innovation, but the true value comes from the feedback of our team members,” said Rebecca Riordan, Chartway’s chief people and culture officer. “Their insights and […] - [FiWyse Leverages Top Industry Talent and Insight, Under the Leadership of Sankul Seth, to Deliver Strategic Technology Innovation for Financial Institutions](https://thecreditunionconnection.com/fiwyse-leverages-top-industry-talent-and-insight-under-the-leadership-of-sankul-seth-to-deliver-strategic-technology-innovation-for-financial-institutions/): FiWyse continues to distinguish itself as a leading provider of data-driven technology and talent solutions for the financial services industry. With the backing and strategic insight of technology leader Sankul Seth, FiWyse is empowering credit unions and financial institutions to thrive in an increasingly digital and data-centric landscape. Founded in 2024, FiWyse was created with the mission to help financial institutions leverage IT, data, digital marketing, analytics, AI, technology innovation infrastructure under one umbrella in a way that is personalized, strategic, and future focused. Through a suite of services—including Data & AI Solutions, Technology Consulting, Product Innovation, and Talent Development—FiWyse […] - [Detroit Lions And University Of Michigan Credit Union (UMCU) Expand Their Longstanding Partnership](https://thecreditunionconnection.com/detroit-lions-and-university-of-michigan-credit-union-umcu-expand-their-longstanding-partnership/): The Detroit Lions and UMCU, the official credit union of the Detroit Lions, have announced an extension and expansion of their partnership, which first began in 2018 with a commitment to the Detroit community. “We are excited to continue our partnership with UMCU and solidify another Michigan based partner who is committed to growing and providing for the entire state,” said Detroit Lions Chief Operating Officer Mike Disner. “UMCU’s commitment to impacting our local community through service and education aligns directly with our off-field mission at the Lions and will be a key area of growth in this extended partnership.” UMCU values its continued partnership with […] - [Park Community Credit Union to be Featured on Award Winning Documentary Series 'Viewpoint with Dennis Quaid'](https://thecreditunionconnection.com/park-community-credit-union-to-be-featured-on-award-winning-documentary-series-viewpoint-with-dennis-quaid/): Park Community Credit Union will be featured in an upcoming credit union focused episode of the award-winning documentary series Viewpoint with Dennis Quaid. In the episode, viewers will learn more about the credit union movement and the ways Park Community is setting the pace for the future of community focused financial services. Park stood out as a positive example of the credit union movement with unwavering commitment to empowering underserved communities. Providing deep impact lending to those who need it most has helped build thriving communities in Kentucky and Southern Indiana and garnered the interest of the documentary team. Park was […] - [Ent Credit Union and Wings Credit Union Announce Merger of Equals: Partnering to Deliver Even More Value to Members, Employees and Communities](https://thecreditunionconnection.com/ent-credit-union-and-wings-credit-union-announce-merger-of-equals-partnering-to-deliver-even-more-value-to-members-employees-and-communities/): Together, Ent and Wings Credit Union will now serve nearly one million members, predominately in Colorado and Minnesota. This announcement comes after thoughtful consideration between both credit unions in terms of service, sustainability and growth. Members will not experience any immediate change, and the credit unions will continue to operate independently while the merger process goes through regulatory approval and a member vote. Once approved the newly formed CU will be led by Chad Graves, current President and CEO of Ent Credit Union and will be called Wings Credit Union, with a Colorado state charter. The Board of Directors from […] - [Navy Federal Chooses Bloom Credit for Consumer Permissioned Data Services](https://thecreditunionconnection.com/navy-federal-chooses-bloom-credit-for-consumer-permissioned-data-services/): Bloom Also Announces $10.5M Growth Investment Led by Crosslink Capital Bloom Credit today announced Navy Federal Credit Union, the largest credit union in the U.S., has selected its consumer permissioned data solution, Bloom+, as a new checking account feature for its 14 million members. Bloom Credit also announced a $10.5 million growth investment led by Crosslink Capital, including participation from existing investors Allegis Capital and Commerce Ventures. CT Innovations also joined the round. Bloom Credit will use the new funds to expand its team, technology, and go-to-market dedicated to credit data solutions. Bloom+ allows a financial institution to provide customers the […] - [Teens In Foster Care Sign on for Financial Success with New VyStar Credit Union and Family Support Services Fostering Financial Fitness Program](https://thecreditunionconnection.com/teens-in-foster-care-sign-on-for-financial-success-with-new-vystar-credit-union-and-family-support-services-fostering-financial-fitness-program/): VyStar Credit Union and Family Support Services (FSS) proudly partnered on a groundbreaking program, the first of its kind in the country, designed to provide financial education and banking access to youth in foster care in Florida. This program officially debuted with a “Financial Independence Signing Day” event held on Friday, April 18 at the VyStar Credit Union Roosevelt Branch in Jacksonville, FL. Financial Independence Signing Day was a high-energy, celebratory event, much like a college signing day. The first group of individuals who successfully completed VyStar’s Fostering Financial Fitness program and received their emancipation orders proudly took a major step toward adulthood. Instead […] - [Black Dragon Capital℠ Announces New FinTech Strategic Partnership with First Tech Federal Credit Union](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-announces-new-fintech-strategic-partnership-with-first-tech-federal-credit-union/): Collaboration Between Innovative Credit Union and Top Performing Investment Group Aims to Create Sustainable Technologies to make credit unions more competitive in serving their community Black Dragon Capital℠ has announced their partnership with First Tech Federal Credit Union. Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon Capital℠ is a multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a proven ability of transforming and growing […] - [Tansley Stearns on Strengthening Credit Unions from the Core: The Backbone Initiative](https://thecreditunionconnection.com/tansley-stearns-on-strengthening-credit-unions-from-the-core-the-backbone-initiative/): In a recent episode of Credit Union Connection, Tansley Stearns, President and CEO of Community Financial Credit Union, discussed the importance of credit unions as a “financial best friend” and the groundbreaking Backbone initiative. The interview, available to watch in full, delves into the crucial role credit unions play in supporting Americans, especially during times of financial hardship and community crisis.   The Role of Credit Unions in Times of Need Stearns emphasized that the credit union movement’s roots trace back to the Great Depression, a period when people united to create safe financial havens. In today’s volatile climate, with many […] - [Minnesota Credit Union Network Marks 100 Years at Accelerate 25 Conference](https://thecreditunionconnection.com/minnesota-credit-union-network-marks-100-years-at-accelerate-25-conference/): The Minnesota Credit Union Network (MnCUN) celebrated a landmark event signifying a century of service and community impact for Minnesota Credit Unions, the ACCELERATE 25 Conference. Packed with engaging guest speakers, educational sessions, and networking, it was the state’s largest trade show with professional development opportunities for credit union members and employees. The last three days included speeches from elected officials, credit union leadership, and statewide financial experts.  Congressman Brad Finstad joined the conference as a strong supporter and member of a credit union. Congressman Finstad reflected on the community-based model under which credit unions operate, emphasizing “you’re in our […] - [NCR Atleos Certified as a Most Loved Workplace](https://thecreditunionconnection.com/ncr-atleos-certified-as-a-most-loved-workplace/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced it has earned the certification as a Most Loved Workplace®, backed by Best Practice Institute (BPI) research and analysis. The Most Loved Workplace® certification recognizes organizations where employees feel respected, supported and aligned with the company’s values. BPI evaluates companies based on a combination of employee survey responses, public workplace sentiment data and direct feedback from company leadership. Atleos’ certification reflects its commitment to building an inclusive, collaborative workplace where people feel valued and empowered. “At Atleos, we believe that a strong, supportive workplace environment directly impacts our ability to serve customers and […] - [Glia Powers Seamless Mobile Banking Experience With Expanded CU*Answers App Integration](https://thecreditunionconnection.com/glia-powers-seamless-mobile-banking-experience-with-expanded-cuanswers-app-integration/): Credit unions can now eliminate digital barriers and build deeper member relationships through unified, mobile interactions Glia today announced the expanded availability of its Unified Interaction Management (UIM) platform through a new mobile app integration with CU*Answers. A trusted credit union service organization (CUSO), CU*Answers is harnessing Glia’s ChannelLess® platform to enhance its It’s Me 247 mobile banking app used by credit unions nationwide. “Traditional approaches to mobile banking force members to leave their app and switch channels when they need help, creating frustrating experiences and lost context,” said Dan Michaeli, CEO and co-founder of Glia. “By embedding our ChannelLess® Architecture into the It’s Me 247 mobile app, […] - [LGE Community Credit Union Awards $17,500 in Scholarships to Local High School Students](https://thecreditunionconnection.com/lge-community-credit-union-awards-17500-in-scholarships-to-local-high-school-students/): LGE Community Credit Union is proud to announce the winners of the 2025 LGE Community Credit Union Scholarship. These awards are designed to support educational opportunities for exceptional high school students from Bartow, Cherokee, Cobb, Floyd, Fulton, Gordon, and Paulding counties. The following high school seniors were awarded a $2,500 scholarship through the 2025 LGE Community Credit Union Scholarship Program: “The LGE Scholarship Program reflects our commitment to supporting the continued education and development of the next generation,” said Chris Leggett, president and CEO of LGE Community Credit Union. “We are proud to invest in the futures of these students as […] - [World Council of Credit Unions Announces Leadership Transition](https://thecreditunionconnection.com/world-council-of-credit-unions-announces-leadership-transition/): Elissa McCarter LaBorde departs as President and CEO The World Council of Credit Unions (WOCCU) announced Tuesday that Elissa McCarter LaBorde is leaving her position as President and CEO. “We thank Elissa for her years of service at an unprecedented time in WOCCU’s history and celebrate the organization’s success under her leadership,” said Michael Lawrence, Chair of the WOCCU Board of Directors. With WOCCU at a strategic crossroads, it was an opportune time for the organization to refocus on its core trade association activities and advocacy mission. The WOCCU Board has already initiated a search for a permanent President and Chief Executive Officer. […] - [TruStage Reports Strong Financial Performance in 2024 ](https://thecreditunionconnection.com/trustage-reports-strong-financial-performance-in-2024/): Company delivered on promises to protect middle-market consumers while maintaining strong financial position  Despite challenging market conditions for the insurance industry and extreme weather events impacting millions, TruStage reported strong financial performance across its diverse product and solutions portfolio in 2024. The company ended the year in a favorable financial position, reporting over $5.6 billion in total revenue, over $200 million in net income and over $37 billion in assets1 under management. In 2024, ratings agencies AM Best and S&P affirmed TruStage’s ratings as a financially healthy and stable organization.    “No matter the economic or environmental headwinds we face, we […] - [Global Credit Union Foundation Gives $115,000 to Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-gives-115000-to-local-nonprofits/): The Global Credit Union Foundation donated $115,000 to community nonprofits in Alaska, Arizona, and California as part of its 2025 quarterly distribution of funds to its nonprofit partners in areas served by the credit union.  “We collaborate with these nonprofits because we have witnessed the positive impact they have on the community,” said Noël Gabler, Executive Director, Global Credit Union Foundation.  “The essential services they offer are unique and invaluable, and we are deeply grateful for their dedication to making our world a better place.” Recipients of funds include: - [Police Federal Credit Union Selects Mahalo Banking to Deliver Next-Level Digital Engagement](https://thecreditunionconnection.com/police-federal-credit-union-selects-mahalo-banking-to-deliver-next-level-digital-engagement/): New digital platform will elevate security, engagement, and member satisfaction Mahalo Banking today announced that Police Federal Credit Union (Police FCU) has selected Mahalo’s Thoughtful Banking® platform. This partnership will enable the credit union to modernize its digital banking infrastructure while enhancing member experience through advanced security features and seamless integration with its new Corelation KeyStone core system. Police FCU recognized the need for a digital banking platform that could grow with its expanding membership while keeping pace with rising expectations around security, accessibility, and ease of use. They chose Mahalo for its strong core integration and robust suite of […] - [American Heritage Credit Union Announces 21st Annual Car Show and Member Appreciation Day](https://thecreditunionconnection.com/american-heritage-credit-union-announces-21st-annual-car-show-and-member-appreciation-day/): Credit Union Members, Kids-N-Hope Foundation Supporters, and Community Invited to Main Campus for Celebration Events American Heritage Credit Union (“American Heritage”) and BIG 98.1 will host the 21st Annual Car Show and Member Appreciation Day this spring. The free event is open to the community and will take place on Saturday, May 17th at 2060 Red Lion Road, Philadelphia from 10am-3pm. All proceeds from the day will support the Kids-N-Hope Foundation. The rain date is scheduled for Sunday, May 18th. Attendees can enjoy hundreds of classic, muscle, and modern show cars as well as visit dozens of vendors at the craft show, […] - [RCU Foundation Announces $100,000 Gift To The Mabel Tainter Theatre](https://thecreditunionconnection.com/rcu-foundation-announces-100000-gift-to-the-mabel-tainter-theatre/): The Royal Credit Union Foundation (RCU Foundation) has announced a $100,000 gift to the Mabel Tainter Theatre. This contribution will support lighting upgrades and the restoration of the historic Tiffany stained glass windows in the theater, enhancing both the energy efficiency and functionality of this cherished landmark. “The Mabel Tainter exists today as a treasured community landmark because of the dedication, generosity, and unwavering support of those who believe in the power of the arts. We are grateful to the Royal Credit Union Foundation for their incredible $100,000 grant,” said Lucas Chase, Executive Director of the Mabel Tainter Theatre.  “This […] - [County Schools Federal Credit Union Appoints April Remnant As President/CEO](https://thecreditunionconnection.com/county-schools-federal-credit-union-appoints-april-remnant-as-president-ceo/): The Board of Directors of County Schools Federal Credit Union is pleased to announce the selection of April Remnant as the credit union’s new President/Chief Executive Officer.  “The Board is thrilled to welcome April Remnant as the next CEO of County Schools Federal Credit Union,” said Adam Lopez, Board Chair. “April brings a strong track record of collaborative leadership, innovation in credit unions, and deep, long-standing ties to the Ventura community and local nonprofit organizations. Her connection to the region and her commitment to member service and community impact uniquely qualify her to lead our credit union into its next […] - [Candescent Extends Partnership with Ninth Wave, Introducing New Integrated Open Data Solution for Banks and Credit Unions](https://thecreditunionconnection.com/candescent-extends-partnership-with-ninth-wave-introducing-new-integrated-open-data-solution-for-banks-and-credit-unions/): Candescent and Ninth Wave today announced the expansion of their strategic partnership, further enhancing data sharing capabilities through the Candescent platform.  Candescent and Ninth Wave have a long-standing relationship, supporting more than 250 banks and credit unions with secure embedded finance integrations through Candescent’s digital banking platform. The launch of Candescent Open Data Solutions with Ninth Wave enables financial institutions of all sizes to now leverage modern APIs for secure, consumer-permissioned data sharing. This approach improves customer experience and operational efficiency while supporting regulatory compliance with Personal Financial Data Rights and CFPB Rule 1033. “We’re thrilled to make Ninth Wave solutions […] - [The Family Credit Union Announces Michael Brandt as New CEO](https://thecreditunionconnection.com/the-family-credit-union-announces-michael-brandt-as-new-ceo/): The Family Credit Union announced the appointment of Michael Brandt as its new Chief Executive Officer. Brandt’s first day will be April 28th.  “It’s a true honor to join The Family Credit Union as CEO. I’m excited to partner with this dedicated team, leveraging our collective experience to shape a vibrant future for our members and the institution,” said Brandt. Brandt brings more than 24 years of experience in the credit union industry, including more than half of those years as president/CEO of two successful credit unions. His career began as a loan officer and quickly progressed to positions including […] - [TopLine Financial Credit Union Members and Employees Give Back to the Local Twin Cities Communities During March Minnesota Foodshare Month](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-give-back-to-the-local-twin-cities-communities-during-march-minnesota-foodshare-month/): TopLine’s employees and members help fight hunger amid the rising demand at food shelves TopLine Financial Credit Union held a food drive during the month of March for the MN FoodShare March Campaign benefitting three local non-profits, Community Emergency Assistance Programs (CEAP), Hope 4 Youth and Keystone Community Services. TopLine members and employees generously donated non-perishable food items of canned vegetables, soups, rice, dry pasta, and more to help fight hunger in our local communities. Employees were able to participate by donating non-perishable food items and money in exchange for a “Foundation Friday/Saturday” sticker, allowing them to wear jeans to […] - [Nutmeg Symphony Orchestra, Enfield Soccer Association and Master’s Manna Voted as Winners of American Eagle’s ‘Cash Back to the Community’ Program](https://thecreditunionconnection.com/nutmeg-symphony-orchestra-enfield-soccer-association-and-masters-manna-voted-as-winners-of-american-eagles-cash-back-to-the-community-program/): Innovative member-generated giving program awards $27,033 to three charitable organizations in latest round of giving American Eagle Financial Credit Union’s (American Eagle FCU) signature Cash Back to the Community program just awarded $9,011  to three local nonprofits, as it does every quarter, bringing the total amount of member-generated giving to $547,000 since it was first created in 2020. “With every swipe of an American Eagle FCU credit or debit card, our members are helping to support nonprofit organizations that help sustain the communities we serve,” said American Eagle FCU President & CEO Howard Brady. “As Connecticut’s largest community credit union, this […] - [BrightStar Credit Union Fuels Future Growth and Expansion with Jack Henry](https://thecreditunionconnection.com/brightstar-credit-union-fuels-future-growth-and-expansion-with-jack-henry/): Credit union selects Jack Henry for its people-first culture and modern technology Jack Henry™ (Nasdaq: JKHY) announced that BrightStar Credit Union (BSCU) chose Jack Henry’s Symitar® platform and complementary products to support its growth and deliver better member experiences.  Founded in 1946 by 26 educators from Broward County Public Schools, BSCU has been at the forefront of education, innovation, and financial literacy in Broward communities for decades. With nearly 60,000 members and $948 million in assets, BSCU is one of the largest credit unions in South Florida, delivering quality services that help members achieve financial freedom.  Having outgrown its existing core platform, the credit […] - [Who’s in Grandma’s Wallet? How Credit Unions Can Help Stop Elder Financial Abuse](https://thecreditunionconnection.com/whos-in-grandmas-wallet-how-credit-unions-can-help-stop-elder-financial-abuse/): David Savoie, CEO, LaCorp Elder financial abuse is a growing problem, and the stories of those scammed out of their hard-earned money keep coming, from phishing emails and texts to family members taking advantage.  According to the Federal Trade Commission, consumers lost over $10 billion to scams in 2023, and NBC News reported that more than 101,000 Americans over 60 were victims of digital fraud in that same year.  In March of this year, a woman in Providence, RI, stole more than $240,000 from her mother’s bank account without her authorization. Her mother had been diagnosed with Alzheimer’s in 2015, and she had been living […] - [NCUA Releases Staff Message on the Current NCUA Board](https://thecreditunionconnection.com/ncua-releases-staff-message-on-the-current-ncua-board/): The National Credit Union Administration released today the following message to all employees on the current state of the NCUA Board: “On April 17, the NCUA received confirmation that President Donald J. Trump terminated the positions of Todd Harper and Tanya Otsuka. Please be aware that Todd, Tanya, and their staff are no longer employed with the agency. We thank them for their service. “The departure of two of our three NCUA Board Members has led to speculation within the credit union industry and trade press about the NCUA Board’s ability to exercise authority with the presence of only a […] - [DCUC Sends Letters to House Financial Services Subcommittee and Senate Committee on Small Business & Entrepreneurship](https://thecreditunionconnection.com/dcuc-sends-letters-to-house-financial-services-subcommittee-and-senate-committee-on-small-business-entrepreneurship/): The Defense Credit Union Council (DCUC) has sent letters to the House Financial Services Subcommittee and the Senate Committee on Small Business & Entrepreneurship ahead of key hearings this week. The DCUC has called on the Senate Committee on Small Business & Entrepreneurship to support the Veterans Member Business Loan Act (VMBLA), bipartisan legislation that would exempt loans to veteran-owned businesses from the federal credit union’s 12.25% member business lending cap. “Veteran entrepreneurs operate 1.76 million businesses employing over 5 million Americans and generating nearly $1 trillion in annual revenue,” says Jason Stverak, DCUC Chief Advocacy Officer. “Despite this, too […] - [Arteria AI and TruStage Compliance Solutions Partner to Bring Enterprise-Grade Documentation Capabilities to Regional and Community Financial Institutions](https://thecreditunionconnection.com/arteria-ai-and-trustage-compliance-solutions-partner-to-bring-enterprise-grade-documentation-capabilities-to-regional-and-community-financial-institutions/): Arteria AI has partnered with TruStage Compliance Solutions to launch Deal Flow, a content modification and deal management integration that is purpose-built to support community banks and credit unions. TruStage Compliance Solutions is the largest provider of compliant lending and deposit documentation supporting over 5,400 banks and credit unions through a dynamic tech-stack based product and a static PDF product. Clients can now gain access to Arteria’s proven, end-to-end digital documentation workflow for commercial lending.  Many financial institutions struggle to manage negotiated transactions and highly manual lending processes. Complete and accurate compliance and documented processes are significant pain points and there have been […] - [Credit Unions Bring Full-Court Press to Capitol Hill](https://thecreditunionconnection.com/credit-union-tax-exemption-and-more-on-the-line/): With Congress considering major tax reforms, credit unions are stepping up advocacy to protect their federal income tax exemption, defend regulatory independence and ensure uniqueness isn’t lost in Washington’s political shuffle UPDATE: The House Ways and Means Committee released a nearly 400-page draft of the reconciliation bill for markup by the House Ways & Means Committee to review on Tuesday afternoon. “America’s Credit Unions thanks Chairman Jason Smith and the House Ways and Means Committee members for recognizing the value of protecting the credit union tax status in their proposed reconciliation bill,” said Jim Nussle, America’s Credit Unions President/CEO. “Together with […] - [Posh and Corelation Team Up to Empower Credit Unions with Intelligent, Integrated AI Agents](https://thecreditunionconnection.com/posh-and-corelation-team-up-to-empower-credit-unions-with-intelligent-integrated-ai-agents/): Posh AI, a leading provider of AI solutions that help financial institutions automate service, resolve issues faster, and enhance customer and employee experiences, today announced a strategic referral partnership with Corelation. Corelation clients will gain easier access to Posh’s AI-powered digital, voice, and employee-facing assistants that transform customer service while enhancing operational efficiency through this partnership. Posh already has active deployments that integrate directly with Corelation’s KeyStone core, enabling faster, more seamless implementations for credit unions. These proven integrations reduce the technical lift required to deploy AI, helping financial institutions get up and running quickly while maintaining a high standard […] - [Day Air Credit Union Awards Two $1,000 Scholarships to Outstanding Local Students](https://thecreditunionconnection.com/day-air-credit-union-awards-two-1000-scholarships-to-outstanding-local-students/): Day Air Credit Union is proud to announce Barrett LeMaster and Chelsea Back as the recipients of the 2025 Bettina L. Buscemi Memorial Scholarship. This annual scholarship honors the legacy of Bettina L. Buscemi, a long-time Day Air associate remembered for her dedication to community service and education. The scholarship supports local students pursuing higher education who demonstrate commitment to both academic excellence and community involvement. Barrett LeMaster, a senior at Centerville High School, will be attending Miami University in the Fall, where he plans to study Accounting. A National Honor Society inductee and two-time recipient of the Tech Prep […] - [First Harvest Credit Union Helps Plant Over 80 Trees in Camden County](https://thecreditunionconnection.com/first-harvest-credit-union-helps-plant-over-80-trees-in-camden-county/): Credit Union Volunteers Participate in Three Tree Planting Events in Camden and Collingswood as Part of 85th Anniversary Giveback Initiatives First Harvest Credit Union (“First Harvest”) employees recently volunteered their time at three Camden County tree planting events, hosted by the NJ Tree Foundation, to help plant over 80 new trees through the foundation’s Urban Airshed Reforestation program. Over a dozen First Harvest team members took part in three volunteer events digging, planting, and mulching to help reduce noise pollution, improve air quality, and regulate temperatures, contributing to better public health. The recent events took place at Haddon Lake Park in […] - [Black Dragon Capital℠ Broadens Strategic FinTech Partnerships, with AltaOne Federal Credit Union](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-broadens-strategic-fintech-partnerships-with-altaone-federal-credit-union/): AltaOne Joins Leading Credit Unions Committed to Finding Innovative Solutions Through a Collaborative Partnership with Black Dragon Capital℠ Black Dragon CapitalSM has announced their partnership with AltaOne Federal Credit Union. Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon CapitalSM is a multi-phased investment firm focused on disruptive technologies in high growth industry segments that strengthen economic stability within communities. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a proven ability of transforming and growing companies. AltaOne Federal Credit Union is a member-owned, not-for-profit […] - [Alliant Credit Union Closes Largest Note-on-Note Construction Loan in Company History](https://thecreditunionconnection.com/alliant-credit-union-closes-largest-note-on-note-construction-loan-in-company-history/): The Credit Union provides $37.96 million toward a construction loan secured by a multifamily rental community in Arizona Alliant Credit Union has closed its largest note-on-note financing secured by an underlying construction loan since it began providing back leverage to private debt funds approximately seven years ago. Alliant contributed $37.96 million toward a $58.4 million facility originated by Trez Capital, a leader in North American commercial real estate investments. The financing supports the development of a 268-unit multifamily rental community in Avondale, Arizona, a high-growth suburb in the Phoenix metro area. The loan represents one of Alliant’s most significant capital deployments for note-on-note financing, highlighting the credit union’s strong appetite […] - [Storm Announce BECU as Partner for Performance Center](https://thecreditunionconnection.com/storm-announce-becu-as-partner-for-performance-center/): Collaboration between local organizations to focus on community impact and growing the game of basketball  The Seattle Storm today announced an extension of their longstanding partnership with BECU, Washington’s largest credit union, which includes the naming of the franchise’s $64 million training facility to the BECU Storm Center for Basketball Performance. This is the first time an independently owned WNBA team has secured a sponsor for the naming of its performance center. The partnership, rooted in both organizations’ affection for Seattle and deep commitment to make a positive impact on the local community, builds on a nearly decade-long relationship. It will continue to focus on growing the game […] - [Alliance Catholic Credit Union Goes Live with Scienaptic’s AI-Powered Credit Underwriting Platform](https://thecreditunionconnection.com/alliance-catholic-credit-union-goes-live-with-scienaptics-ai-powered-credit-underwriting-platform/): AI-powered lending increased instant approvals by 40%+ for direct vehicle loans, 40%+ for personal loans, and 25%+ for cards Scienaptic AI announced today that Michigan-based Alliance Catholic Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic’s AI platform. Founded in 2013, Alliance Catholic Credit Union (ACCU) has grown to serve over 32,000 members […] - [A Museum or a Memorial? The Future of the Credit Union Movement Hangs in the Balance](https://thecreditunionconnection.com/a-museum-or-a-memorial-the-future-of-the-credit-union-movement-hangs-in-the-balance/): Denise Wymore, Chair, De Novo Collective Nestled in the quiet charm of Manchester, NH, on Notre Dame Avenue, is not just any building—it’s where the first credit union in the United States was born. Today, it’s home to America’s Credit Union Museum, a living, breathing tribute to the powerful idea that everyday people can achieve extraordinary things when they come together. But make no mistake: this isn’t just a museum. It’s a mission in motion. A Legacy Rooted in People Helping People Walk through its doors, and you’re stepping into more than a curated collection of artifacts, photos, and documents. You’re walking into […] - [Municipal Credit Union Foundation Donates $150,000 to City Harvest to Help Feed NYC](https://thecreditunionconnection.com/municipal-credit-union-foundation-donates-150000-to-city-harvest-to-help-feed-nyc/): The Foundation’s gift reflects its community-driven mission to uplift hardworking New Yorkers by addressing critical needs such as food security The MCU Foundation, the charitable arm of Municipal Credit Union (MCU), today announced a $150,000 donation to City Harvest, New York City’s first and largest food rescue organization. As NYC food pantries and soup kitchens face rising costs and economic uncertainty, the funding will directly support efforts to fight food insecurity in all five boroughs of New York City. “No one should go hungry in one of the wealthiest cities in the world, but the reality is that many New Yorkers are struggling to make ends […] - [SavvyMoney Acquires CreditSnap to Expand Fintech Solutions Portfolio](https://thecreditunionconnection.com/savvymoney-acquires-creditsnap-to-expand-fintech-solutions-portfolio/): New capabilities create personalized and flexible user experience SavvyMoney is proud to announce its acquisition of CreditSnap, a fintech solution provider that powers intelligent integrations to digital loan, deposit and account onboarding solutions for banks and credit unions. This acquisition marks a significant milestone for SavvyMoney, as we continue building a unified, flexible, and digital-first platform designed to complement and enhance every stage of the consumer financial journey. With CreditSnap’s technology, we aim to strengthen our ability to work alongside existing LOS and account opening systems, delivering even greater value to our partners and their consumers. “This is a pivotal moment […] - [Apiture and Cornerstone Advisors Join Forces to Help Financial Institutions Evaluate Their Strategic Use of Data](https://thecreditunionconnection.com/apiture-and-cornerstone-advisors-join-forces-to-help-financial-institutions-evaluate-their-strategic-use-of-data/): Apiture today unveiled new research in partnership with Cornerstone Advisors about financial institutions’ ability to manage data effectively. Improving Your Financial Institution’s Data IQ establishes a new framework — Data IQ — to help banks and credit unions assess and improve their use of data against industry standards. The report is based on a March 2025 online survey of nearly 130 senior executives from U.S. financial institutions. While the importance of data has been emphasized for decades, the stakes are now higher than ever as AI continues to transform core banking operations, customer service, and risk management frameworks. This report explores the challenges financial […] - [Navigating the Crossroads: Tariffs, Economic Pressures, and Member Well-Being](https://thecreditunionconnection.com/navigating-the-crossroads-tariffs-economic-pressures-and-member-well-being/): Sarah Snell Cooke, Founder/CEO, The Credit Union Connection April was Financial Literacy Month, and May is Mental Health Awareness Month. Whether by coincidence or design, the timing underscores a critical truth: Your credit union members are facing increasingly complex challenges in today’s economy. President Trump’s recent tariffs, combined with ongoing financial uncertainty, have put significant strain on both household budgets and mental health. The Tariff Tangle: A Financial Strain on Households In 2025, the U.S. has seen a dramatic escalation in tariff rates—reaching levels not recorded since 1901. The average effective tariff rate has surged to 28%, and Chinese imports […] - [Over $5 Million Saved: VyStar Savings Challenge Empowers Thousands to Take Control of Their Financial Future](https://thecreditunionconnection.com/over-5-million-saved-vystar-savings-challenge-empowers-thousands-to-take-control-of-their-financial-future/): Individuals and families across Jacksonville, Orlando, and Atlanta prove what’s possible with the right tools, support and motivation. What could you do with more savings and less financial stress? For more than 31,000 participants – both VyStar members and community members across Florida and Georgia – that question just got easier to answer. VyStar Credit Union is proud to celebrate the success of its inaugural “VyStar Savings Challenge”, which empowered people to build better financial habits and take real steps toward a stronger future. Designed to tackle rising consumer debt and strengthen savings habits, the challenge came at a crucial time. According to a recent WalletHub study, Jacksonville, Orlando, and Atlanta are all ranked […] - [Dan + Shay to Headline Navy Federal’s MAM JAM Concert Series, Honoring Military Community](https://thecreditunionconnection.com/dan-shay-to-headline-navy-federals-mam-jam-concert-series-honoring-military-community/): Complimentary tickets available for Active Duty Servicemembers and Veterans In celebration of Military Appreciation Month, Navy Federal Credit Union invites you to its first-ever MAM JAM Concert Series—an event honoring the military community and celebrating service through music. Grammy-winning duo Dan + Shay are bringing their signature sound to Cedar Park, TX (near Fort Cavazos) and Wilmington, NC (near Camp Lejeune). WHAT: MAM JAM 2025 WHEN & WHERE: TICKETS: Tickets are complimentary for Active Duty Servicemembers and Veterans. General admission tickets start at $75. Get your tickets at www.mamjam.com. - [Credit Unions Hold Board Elections; Eglin FCU Employee Honored With 5-Star Employee Award](https://thecreditunionconnection.com/credit-unions-hold-board-elections-eglin-fcu-employee-honored-with-5-star-employee-award/): A few credit unions including People’s Credit Union and Redwood Credit Union announced the results of their board elections, and an employee at Eglin Federal Credit Union was honored with the 5-Star Employee Award. New Hires: Recognitions: Promotions: Appointments: - [Citadel Credit Union Reports Strategic Growth and Community Commitment in 2024 Annual Report](https://thecreditunionconnection.com/citadel-credit-union-reports-strategic-growth-and-community-commitment-in-2024-annual-report/): Citadel Credit Union has released its 2024 Annual Report, highlighting a transformative year marked by a reinforced commitment to community engagement, growth, and strategic organizational advancements. Marking a key inflection point, in 2024, Citadel solidified a new senior leadership team. Under the guidance of President and CEO Bill Brown, the organization made several pivotal appointments to drive forward its long-term growth strategy. Their expertise and fresh perspectives complement Citadel’s existing leadership and are instrumental in rounding out the organization’s executive team. As of year-end 2024, Citadel’s full senior leadership team includes: As part of the strategic re-mapping of the organization, new roles were […] - [DCUC Commends CFPB Decision Per Federal Register Public Inspection, 2025-08286](https://thecreditunionconnection.com/dcuc-commends-cfpb-decision-per-federal-register-public-inspection-2025-08286/): The Defense Credit Union Council (DCUC) supports the Consumer Financial Protection Bureau’s (CFPB) decision to withdraw dozens of outdated policy statements, interpretive rules, and advisory opinions, as detailed in the official Federal Register public inspection document (Document No. 2025-08286), scheduled for publication on Monday, May 12, 2025.  This action marks a deliberate and positive step toward improving regulatory clarity, consistency, and fairness. For too long, financial institutions—including not-for-profit credit unions—have operated under a maze of overlapping, and at times contradictory, guidance that lacked the weight of formal rulemaking but nonetheless shaped enforcement and compliance expectations.  By rescinding these non-binding documents, […] - [Addition Financial Hits the Road to Celebrate Central Florida Teachers and Nurses With “Thank You Tour”](https://thecreditunionconnection.com/addition-financial-hits-the-road-to-celebrate-central-florida-teachers-and-nurses-with-thank-you-tour/): To recognize the incredible work of teachers and nurses during their national appreciation weeks, Addition Financial Credit Union recently wrapped up a special weeklong tour across Central Florida, delivering heartfelt thanks and thoughtful surprises to those on the front lines of education and healthcare. From May 5 through May 9, Addition Financial team members stopped by local schools and hospitals in Orange, Osceola, Seminole, Lake, and Volusia counties, bringing picnic baskets packed with treats and goodies for lucky raffle winners. Some locations also enjoyed the bonus of a sponsored coffee bar, serving up handcrafted drinks to help teachers and nurses […] - [Redwood Credit Union's Free Shred-a-Thons Defend Against Fraud and ID Theft](https://thecreditunionconnection.com/redwood-credit-unions-free-shred-a-thons-defend-against-fraud-and-id-theft/): A crucial step in protecting against fraud and identity theft is to securely dispose of sensitive documents and electronic waste (e-waste). Redwood Credit Union (RCU) offers North Bay residents the opportunity to do this for free at the credit union’s annual Shred-a-Thon events held throughout the North Bay. “Our Shred-a-Thons are a commitment to both our communities and our planet,” says President and CEO Brett Martinez. “By continuing to help people securely dispose of sensitive documents, we’re protecting them from fraud and identity theft, while also promoting environmental sustainability.” RCU will host five Shred-a-Thons at the following locations and dates: *Note: […] - [Q1 2025 Sees Rise in U.S. Bankruptcy Filings Amid Economic Pressures](https://thecreditunionconnection.com/q1-2025-sees-rise-in-u-s-bankruptcy-filings-amid-economic-pressures/): Data collected by G2 Risk Solutions (G2RS), which provides bankruptcy management services to lenders and creditors for a majority of US bankruptcy filings, showed a slight increase in overall bankruptcy filings in the first quarter of 2025. Despite an overall trend of increasing bankruptcy filings since 2022, filings in the last two quarters of 2024 had flattened, and then decreased. In Q1 2025, bankruptcy filings increased by 0.7% from Q4 of 2024. When compared against the previous year’s data, Q1 2025 filings were 125,421 versus 116,285 in Q1 of 2024. Forecast filings for the entire year in 2025 are anticipated […] - [Senator Warren Urges Pentagon to Halt Credit Union Contract Amid Overdraft Fee Investigation](https://thecreditunionconnection.com/senator-warren-urges-pentagon-to-halt-credit-union-contract-amid-overdraft-fee-investigation/): U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Armed Services Subcommittee on Personnel, has written to Secretary of the Department of Defense (DoD) Pete Hegseth, urging him to freeze the Marine Corps contract renewal with Frontwave Credit Union. The call comes as Senator Warren pushes for the contract terms to be revised to adequately protect Marines from abusive overdraft fees. This action follows a bipartisan investigation launched last year by Senator Warren and nine other members of Congress into the California-based credit union concerning its history of targeting Marine recruits with excessive overdraft fees.   For 25 years, […] - [Olympic Legend Scott Hamilton To Headline At Origence’s Lending Tech Live ‘25](https://thecreditunionconnection.com/olympic-legend-scott-hamilton-to-headline-at-origences-lending-tech-live-25/): Origence announced Olympic icon Scott Hamilton as a keynote speaker for its Lending Tech Live ’25 conference, scheduled for June 16–18, 2025, at the Omni Nashville Hotel in Nashville, Tenn.  Hamilton captured the world’s attention with his Olympic gold medal performances in Sarajevo in 1984, and he continues to be the world’s most recognized figure skater. His achievements extend far beyond the rink, including an Emmy nomination, a bestselling author, a humanitarian, and the founder of the Scott Hamilton CARES Foundation. As a cancer survivor, his global fight against cancer inspires countless individuals to face life’s challenges with courage and […] - [Who can vouch for your arbitration clause?](https://thecreditunionconnection.com/who-can-vouch-for-your-arbitration-clause/): Henry Meier, Esq., The Law Firm of Henry C. Meier If your credit union has already implemented an arbitration clause, you may think that you have done all you can to protect yourself against class-action lawsuits. Even as NCUA debates who can exercise what powers and the CFPB goes into a regulatory-induced coma, it is essential to remember that your credit union still faces this legal threat. But is your confidence justified?  If your credit union has an arbitration clause, it still has the burden of proving that your arbitration clause was agreed to by the members seeking to sue you. […] - [Summit Credit Union Awards $55,000 in Scholarships](https://thecreditunionconnection.com/summit-credit-union-awards-55000-in-scholarships/): Summit Credit Union is pleased to announce awarding $55,000 in scholarship grants for fall 2025 and spring 2026 semesters. Fifty-seven students were selected based on their academic achievements, their involvement in school, and community- related activities. The scholarship funds will be used towards each recipient’s college-related expenses. Since inception, Summit Credit Union has awarded over $530,000 in scholarships and has helped 536 students in their pursuit of knowledge. “We are honored to offer our college scholarship program to members, made possible by the incredible generosity of Elizabeth ‘Sis’ and James ‘Jim’ Hamilton. As a credit union, we are deeply committed […] - [GTE Financial Launches Business Relationship Plus Checking: A New Standard in Business Banking for Tampa Bay](https://thecreditunionconnection.com/gte-financial-launches-business-relationship-plus-checking-a-new-standard-in-business-banking-for-tampa-bay/): GTE Financial is proud to announce the launch of Business Relationship Plus Checking, its most comprehensive business checking account to date, arriving May 2025. The new account is the first of its kind in the Tampa Bay market, offering an exceptional bundle of services and benefits. Created to meet the needs of Tampa Bay’s growing small business and entrepreneurial community, GTE’s Business Relationship Plus Checking offers a robust suite of financial tools and exclusive perks to support businesses at every stage.  At the heart of the account is Business Sense®, GTE’s exclusive benefits package providing enhanced value for business owners […] - [BrightBridge Credit Union Supports Community Members During Haverhill Community Meal](https://thecreditunionconnection.com/brightbridge-credit-union-supports-community-members-during-haverhill-community-meal/): BrightBridge Credit Union (BrightBridge) was proud to sponsor a weekly community meal for the third consecutive year at the Haverhill Citizen Center on Welcome Street. Several BrightBridge team members volunteered to help prepare and serve meals to dozens of community members. Every Monday, the nonprofit Community Meals, Inc. arranges for meals to be prepared by a local chef that are free and open to the public. Local organizations and businesses sponsor these weekly meals and provide volunteers. Along with contributing a monetary donation and desserts from the Market Basket bakery, BrightBridge volunteers helped serve dinner to dozens of Haverhill community […] - [HuLoop Launches New AI-Powered Modules to Unify, Streamline Work Workflow Orchestration](https://thecreditunionconnection.com/huloop-launches-new-ai-powered-modules-to-unify-streamline-work-workflow-orchestration/): HuLoop Automation today announced the launch of two powerful new modules; Intelligent Workflow Orchestration (IWO), and Intelligent Document Processing (IDP) —as part of its expanded Unified Work Intelligence Platform. These new capabilities build upon HuLoop’s strengths in Intelligent Productivity Discovery (IPD), Intelligent Process Automation (IPA), and Intelligent Test Automation (ITA), resulting in a fully integrated, no-code platform that helps organizations do more with less—without replacing their existing systems. Together, HuLoop’s five intelligent modules work in harmony to help organizations discover inefficiencies, orchestrate workflows, automate manual tasks, process documents, and test systems—all while keeping people at the center of the work. With HuLoop’s Human-in-the-Loop ethos, digital agents […] - [SECU Foundation Awards Grace Clinic of Yadkin Valley with $600,000 Grant for New Medical Facility](https://thecreditunionconnection.com/secu-foundation-awards-grace-clinic-of-yadkin-valley-with-600000-grant-for-new-medical-facility/): SECU Foundation has announced a $600,000 challenge grant for Grace Clinic of Yadkin Valley (GCYV) to assist with the construction of a new medical facility in Elkin, North Carolina. The 7,125 square-foot clinic will allow the non-profit to greatly expand services in its four-county region and increase capacity to serve over 600 patients annually. GCYV is a Free and Charitable Clinic (FCC) that provides quality integrated primary healthcare for marginalized individuals, including those with chronic conditions and behavioral health needs. One of eight FCCs in North Carolina serving Medicare and Medicaid patients, GCYV provides access to a region where 18.5% […] - [TBA Credit Union Awards Four Invested In Scholarships](https://thecreditunionconnection.com/tba-credit-union-awards-four-invested-in-scholarships/): Committed to fostering education and community service, TBA Credit Union (TBACU) recently awarded four Invested In Scholarships to local students. The TBA Credit Union Invested In Scholarship was launched in 2019 to help fund continued education for students attending college who are committed to volunteerism. This year, TBACU has granted scholarships valued at $2,000.00 each to the following students:  · Austin O. of Glen Lake Community Schools  · Ava B. of Traverse City West Senior High School  · Eliana H. of Traverse City Central High School  · Kathryn C. of Traverse City Central High School  TBACU’s Scholarship Committee, consisting of […] - [Westerra Credit Union Marks Financial Literacy Milestone With Day Of Service](https://thecreditunionconnection.com/westerra-credit-union-marks-financial-literacy-milestone-with-day-of-service/): Partners with Mile High United Way and GoWest Credit Union Association for “VolunTerra” 2025 Demonstrating its commitment to community empowerment and financial education, Westerra Credit Union (Westerra) commemorated National Volunteer Month (April) with a company-wide event dubbed “VolunTerra”. The event also marked the first anniversary of Westerra Financial Literacy, a program designed to equip students and educators with essential financial knowledge. In its inaugural year, the initiative reached more than 2,800 students and community members. “VolunTerra 2025 brought our employees together for a day of community, collaboration and contribution,” said Kirk Leverington, senior vice president of strategy and performance excellence. “It showcased […] - [Bankers Fear Economic Recession May Be Imminent](https://thecreditunionconnection.com/bankers-fear-economic-recession-may-be-imminent/): Nearly three-quarters of bankers fear economic recession in the U.S. is either already here or we will enter one within the next year, according to a survey of more than 400 bankers released today by fintech IntraFi. Ten percent of bankers said the economy is already in recession, while another 24% predicted it would happen within the next six months. Bankers listed several areas of concern, including 52% who cited interest rate uncertainty, 39% who foresee potential credit quality deterioration and 38% who raised the possible negative economic impact from new U.S. tariffs.  “Bankers are increasingly nervous that a recession […] - [Community Shred Day 2025 Nets 8,000 Pounds of Shredded and Recycled Paper](https://thecreditunionconnection.com/community-shred-day-2025-nets-8000-pounds-of-shredded-and-recycled-paper/): Eight thousand pounds of paper were shredded and recycled at this year’s Community Shred Day held on Saturday, May 3.  The ever-popular annual event was hosted by Greylock Federal Credit Union, in collaboration with Berkshire United Way, to benefit the United Way’s local initiatives.  The event, which was open to the public, allowed community members to securely dispose of personal printed documents on-site courtesy of VitalShred at the United Way headquarters in Pittsfield.  “We love organizing this event for our community. It’s a great way to securely dispose of personal documents while also supporting our friends at Berkshire United Way,” […] - [First Harvest Credit Union Announces New Camden County Location](https://thecreditunionconnection.com/first-harvest-credit-union-announces-new-camden-county-location/): Credit Union to Open Full-Service Drive Thru Location Serving Voorhees and Cherry Hill Community First Harvest Credit Union (“First Harvest”) has announced that it will be opening a new full-service drive-thru location in Camden County at 6 Haddonfield-Berlin Road in Voorhees, conveniently located on the border of Voorhees and Cherry Hill Townships. The new location, formerly a Fulton Bank branch, is expected to open during summer 2025, and will feature multiple drive thru lanes, a drive-up deposit-taking ATM, ample parking, multiple teller lines, and private consultation areas for member services. The current First Harvest Voorhees branch location in Eagle Plaza […] - [MeridianLink Celebrates 2025 Arc and Customer Choice Award Winners](https://thecreditunionconnection.com/meridianlink-celebrates-2025-arc-and-customer-choice-award-winners/): Industry-leading financial institutions and MeridianLink Marketplace partners recognized for innovation, impact, and excellence in collaboration with MeridianLink solutions MeridianLink, Inc. (NYSE: MLNK) today announced the recipients of its 2025 Arc Awards and the inaugural Customer Choice Awards during MeridianLink LIVE!, the Company’s annual event that brings together industry-leading financial institutions, held at the Universal Orlando Resort in Orlando, Fla. This year’s Arc Awards celebrates MeridianLink® customers who have harnessed the Company’s solutions to solve complex business challenges, fuel meaningful growth, and make a lasting impact in their communities. Winners were selected from a competitive pool of nearly 70 entries, chosen for their innovative use cases […] - [Floridacentral Credit Union Welcomes New Chief Lending Officer, SVP](https://thecreditunionconnection.com/floridacentral-credit-union-welcomes-new-chief-lending-officer-svp/): Floridacentral Credit Union is proud to announce the appointment of Alexis De Jesus as its new Chief Lending Officer, SVP. With a proven track record in leadership, risk management, and strategic growth, De Jesus brings an innovative vision and extensive experience to the credit union’s executive team. In this role, De Jesus will oversee all aspects of the credit union’s lending operations, including consumer, mortgage, and commercial lending portfolios. He will lead initiatives focused on credit quality, portfolio diversification, and the development of risk-based lending strategies that align with member needs and long- term institutional goals. “I’m excited to join an organization so deeply […] - [Caro Federal Credit Union Partners with Tyfone to Enhance Digital Experience](https://thecreditunionconnection.com/caro-federal-credit-union-partners-with-tyfone-to-enhance-digital-experience/): Credit union selects nFinia to enhance member and small business experience through added functionalities Digital banking provider Tyfone today announced Caro Federal Credit Union (Caro FCU) selected the nFinia® Digital Banking Platform as its digital experience provider.   Headquartered in Columbia, S.C., with $129 million in assets and 7,400 members, Caro FCU was looking for a digital banking platform that offered innovative and creative digital features, not a standard digital banking template. Additionally, the credit union is focused on growing its touchpoints for members and sought more robust features to meet small business owners’ needs. Anne Shivers, CEO of Caro FCU, said, “With members across […] - [FORUM Credit Union Places 14th on Indiana’s Best Places to Work List](https://thecreditunionconnection.com/forum-credit-union-places-14th-on-indianas-best-places-to-work-list/): FORUM Credit Union recently placed fourteenth among large companies for the Indiana Chamber of Commerce’s 2025 Best Places to Work. This marks the fourteenth consecutive year FORUM has received recognition on this list. Additionally, FORUM was the only financial institution to be recognized in the large company category. On Wednesday, April 30th, 150 companies were honored at an awards dinner held at the JW Marriott Indianapolis. Honorees and rankings were determined through employer reports and a comprehensive, anonymous employee survey. The Workforce Research Group handled the selection process. Winners were selected from five categories: small companies between 15 and 34 U.S. […] - [Navy Federal Launches Military Affairs and Strategic Partnerships Unit](https://thecreditunionconnection.com/navy-federal-launches-military-affairs-and-strategic-partnerships-unit/): Organizational changes designed to deepen credit union’s support for Veterans and military communities Navy Federal Credit Union today announced the formation of a new Military Affairs and Strategic Partnership business unit, to be led by Retired US Navy Capt. Keith Hoskins. This addition is designed to enhance Navy Federal’s support for Americans in uniform, Veterans and their families and was effective as of May 1, 2025. “Navy Federal is dedicated to the financial wellbeing of our 14 million members across the globe,” said President and CEO Dietrich Kuhlmann. “We also have a duty to serve America’s broader military community. As we […] - [McKesson & Healthcare Providers Federal Credit Union Selects Nazreen Jalil as Vice President of Lending & Operations](https://thecreditunionconnection.com/mckesson-healthcare-providers-federal-credit-union-selects-nazreen-jalil-as-vice-president-of-lending-operations/): McKesson & Healthcare Providers Federal Credit Union (MAHPFCU) is proud to announce the appointment of Nazreen Jalil as its new Vice President of Lending & Operations. In this key leadership role, Jalil will oversee the credit union’s lending portfolio and operational functions, driving efficiency, member satisfaction, and strategic growth. With a strong background in lending and deep dedication to member service, she brings a collaborative, hands-on approach that aligns with MAHPFCU’s commitment to personalized financial care and long-term impact.  “It is with great excitement that I welcome Nazreen Jalill to McKesson & Healthcare Federal Credit Union,” said Christopher Bruno, President […] - [Navigating the Credit Union Landscape: Insights from a Seasoned Leader](https://thecreditunionconnection.com/navigating-the-credit-union-landscape-insights-from-a-seasoned-leader/): In a candid conversation, Jennifer Oliver, currently at the $1.24 billion Rize Credit Union, offered a compelling look at the evolving challenges and opportunities within the credit union movement. Drawing from her extensive career spanning over 30 years across credit unions of varying sizes, Oliver shared insights gained during her journey from leading a $150 million South Bay Credit Union in California to $4 billion Municipal Credit Union during its conservatorship, and her current position as CEO at Rize Credit Union. Oliver highlighted the distinct hurdles faced by smaller credit unions, particularly in attracting talent and keeping pace with technological […] - [Nook and Lodestar Technologies Partner to Deliver HubSpot-Powered Marketing Automation, AI and Analytics Solutions to Credit Unions](https://thecreditunionconnection.com/nook-and-lodestar-technologies-partner-to-deliver-hubspot-powered-marketing-automation-ai-and-analytics-solutions-to-credit-unions/): Nook has partnered with Lodestar Technologies to bring the power of HubSpot’s analytics and automation capabilities to credit unions across the US & Canada. This strategic alliance empowers credit unions to unlock the full potential of their data by layering HubSpot’s intelligent marketing and automation tools on top of Lodestar’s trusted data warehouse—turning complex data into clear, actionable insights that deepen member engagement and drive growth. “Credit unions have access to incredibly valuable data—they just need the right tools to turn it into action,” said Austin Wentzlaff, Co-Founder & CEO of Nook. “By partnering with Lodestar, we’re helping credit unions […] - [NCUA Approves! Credit Unions Empowered to Serve Unhoused Veterans](https://thecreditunionconnection.com/ncua-approves-credit-unions-empowered-to-serve-unhoused-veterans/): The Defense Credit Union Council (DCUC) commends the National Credit Union Administration (NCUA) and Chairman, the Honorable Kyle Hauptman, for the timely and thoughtful response to DCUC’s February 10, 2025, letter requesting regulatory clarity on the ability of credit unions to serve unhoused veterans. See the NCUA letter here. DCUC’s letter noted the need for parity with the Federal Deposit Insurance Corporation (FDIC), which has already provided similar guidance to banks following outreach from the Association of Military Banks of America (AMBA). This FDIC guidance has empowered banks to support veterans experiencing homelessness—a critical step endorsed by the Department of Veterans Affairs (VA). […] - [Navy Federal Credit Union® Recognizes Top Performing Real Estate Companies Through the RealtyPlus® Program](https://thecreditunionconnection.com/navy-federal-credit-union-recognizes-top-performing-real-estate-companies-through-the-realtyplus-program/): Firms Recognized for Excellent Service to Members Navy Federal Credit Union proudly announces the winners of the 2025 Navy Federal SPIRIT Awards, presented by the Anywhere Leads. The Navy Federal SPIRIT Award recognizes real estate firms who demonstrate service excellence to Navy Federal members through the Navy Federal Credit Union’s RealtyPlus® program. Navy Federal RealtyPlus® is a nationwide real estate assistance program, where Navy Federal members may receive up to $9,000 cash back per transaction when they successfully buy and/or sell a home with a program referred Navy Federal RealtyPlus® program agent. The awards are part of the 36-year relationship between Navy Federal and Anywhere Leads, […] - [Sno Falls Credit Union Selects Mahalo Banking Platform to Drive Greater Member Engagement, Upgrade Digital Experience](https://thecreditunionconnection.com/sno-falls-credit-union-selects-mahalo-banking-platform-to-drive-greater-member-engagement-upgrade-digital-experience/): Digital banking platform will allow credit union to focus on innovation, efficiency, and long-term growth Sno Falls Credit Union (Sno Falls) has selected Mahalo Banking as its new digital banking provider, reinforcing its commitment to delivering a seamless, modern, and feature-rich banking experience for members. Mahalo’s deep integration with Sno Falls’ core system Corelation Keystone, advanced self-service capabilities, and intuitive user interface set it apart as the ideal partner to support the credit union’s long-term digital strategy. The decision to select Mahalo over other digital providers was driven by the credit union’s search for a solution with deep core integration, […] - [Auto Financial Group Announces Q1 2025 Results](https://thecreditunionconnection.com/auto-financial-group-announces-q1-2025-results/): Auto Financial Group (AFG) announced results for Q1 2025 today. In the first quarter of 2025, AFG signed five new credit unions to its Walk-Away Balloon Lending Program, including: 3Hill Credit Union, Champion Credit Union, Inc., and Publix Employees Federal Credit Union. The five credit unions represent combined assets of nearly $4 billion and a reach increase of more than 4 million consumers across eleven states. “At PEFCU, we are committed to finding proactive solutions that meet the evolving needs of our members,” said Steve Vandergriff, VP of Lending at Publix Employees Federal Credit Union. “In today’s challenging auto market—with rising interest rates, […] - [BayPort Foundation 4th Annual Charity Golf Classic Raises Over $140,000](https://thecreditunionconnection.com/bayport-foundation-4th-annual-charity-golf-classic-raises-over-140000/): The BayPort Foundation is excited to announce that it has raised $142,734 at its fourth annual Charity Golf Classic event, hosted on May 1, 2025. Forty-seven businesses sponsored the tournament, including the 96 golfers who played the award-winning golf course at the James River Country Club in Newport News. The successful fundraising outcome was made possible by the support of sponsors of all levels and Gold Sponsor business partners: Candescent, Haywood Floor Covering, Mastercard, North River Construction, and Velera. The fundraiser included the second annual wine tasting and dinner hosted at Circa 1918 on April 30, 2025, in Newport News. The event included a Who’s Who […] - [Capstone Strategic Advises Datava on Successful Sale to Kinective](https://thecreditunionconnection.com/capstone-strategic-advises-datava-on-successful-sale-to-kinective/): Capstone Strategic, Inc. (Capstone) is pleased to announce the successful sale of Datava to Kinective, a premier provider of fintech connectivity solutions. Datava is a market leader in data aggregation and intelligence solutions for financial institutions. Capstone served as the exclusive M&A advisor to Datava, a CUSO. “Today marks a defining moment in Datava’s journey,” said Gordon Flammer, Founder and CEO of Datava, who will join Kinective’s leadership team. “The Capstone team provided sound support throughout the process and helped shepherd Datava through this transaction. Their unique experience guiding CUSO owner-members as well as private company and private equity transactions helped […] - [Rally Credit Union Chooses Land Gorilla to Boost Construction Lending Efficiency and Support Growth](https://thecreditunionconnection.com/rally-credit-union-chooses-land-gorilla-to-boost-construction-lending-efficiency-and-support-growth/): Land Gorilla today announced that Rally Credit Union has selected its innovative platform to streamline and enhance the management of construction loans. Recognizing the growing demand for construction financing and the need for more efficient operations, Rally Credit Union aims to transform its commercial and residential construction loan management processes with Land Gorilla, setting a new standard for efficiency and member satisfaction. Rally Credit Union’s decision to partner with Land Gorilla was driven by the platform’s ability to centralize and automate critical aspects of the construction lending lifecycle. By implementing the Land Gorilla platform, the credit union will benefit from: “At Rally […] - [Serve Credit Union Awards $3,000 in College Scholarships](https://thecreditunionconnection.com/serve-credit-union-awards-3000-in-college-scholarships/): Serve Credit Union, a financial cooperative that serves those who serve the community, recently announced the three recipients of its $3,000 scholarship program. Annually, Serve offers scholarships to members and their families to put towards their higher education. This year, each receipt received a $1,000 scholarship.  The awardees include:  Additionally, Carson Staker, a Serve Credit Union member and senior at Johnston high school received $3,000 from the Warren A. Morrow Scholarship from the Iowa Credit Union Foundation. This scholarship is in remembrance and honor of Warren A. Morrow who committed his life and career to serving underserved communities. Each applicant […] - [Purdue Federal Credit Union Awards $165,000 To Lafayette Non-Profit Organizations Through FHLBank Indianapolis Grant Program](https://thecreditunionconnection.com/purdue-federal-credit-union-awards-165000-to-lafayette-non-profit-organizations-through-fhlbank-indianapolis-grant-program/): Purdue Federal Credit Union (Purdue Federal), in partnership with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has awarded a total of $165,000 to four Lafayette-area non-profit organizations through the Community Multiplier – Member Match Program. The grants include $150,000 in funding from FHLBank Indianapolis and an additional $15,000 in direct contributions from Purdue Federal. The initiative supports local organizations working to strengthen housing stability, provide shelter, and enhance the well-being of community members.  “At Purdue Federal, we care deeply about uplifting the communities we’re a part of, and we’re grateful for the opportunity provided by FHLBank Indianapolis to […] - [Utah Community Credit Union (UCCU) Partners With Incent for Family Banking](https://thecreditunionconnection.com/utah-community-credit-union-uccu-partners-with-incent-for-family-banking/): Youth banking provider to enhance offerings for credit union members Incent announced today Provo-based Utah Community Credit Union (UCCU) has selected its Family Banking platform. UCCU has 23 branches throughout Utah, more than 260,000 members and assets of $3.5 billion. Its headquarters is nestled between two large universities: Utah Valley University and Brigham Young University.   Market research from America’s Credit Union has shown that the average age of a credit union member is 53, and UCCU has an average member age of 32 years old, hence the impetus to offer a true family banking platform.   Kevin Banks, VP of Marketing […] - [Blend and Glia Partner to Transform Customer and Member Interactions for Bank and Credit Union Lending Teams](https://thecreditunionconnection.com/blend-and-glia-partner-to-transform-customer-and-member-interactions-for-bank-and-credit-union-lending-teams/): New integration enables lenders to guide borrowers within the application, improving engagement, completion rates, and loyalty Blend Labs, Inc. (NYSE: BLND) today announced a new integration with Glia, the leader in unified human and AI interactions. At the heart of this partnership is the ability to guide borrowers inside mortgage and other consumer loan applications wherever they are—using the channels they prefer. The integration embeds Glia’s chat, voice, video and AI tools directly into Blend’s Digital Banking platform, allowing lenders to answer questions, guide applicants through next steps and resolve issues in real time—all without leaving the loan application. This reduces […] - [Member Support Services Forms Advisory Board to Champion a Stronger, More Collaborative Future for Credit Unions](https://thecreditunionconnection.com/member-support-services-forms-advisory-board-to-champion-a-stronger-more-collaborative-future-for-credit-unions/): Seasoned credit union leaders Gene Foley, Kirk Kordeleski, and Erin Coleman join MSS to accelerate growth and offer an alternative to consolidation as industry pressures mount. Member Support Services, LLC (MSS) has formed its inaugural advisory board to help grow its shared services model and provide a clear alternative to consolidation at a critical time for the industry. The three-person, non-governing advisory board, made up of industry veterans Gene Foley, Kirk Kordeleski, and Erin Coleman, will offer input on go-to-market strategy, operational priorities, and opportunities to deepen collaboration across the industry and keep credit unions independent. Advisory Board Members “There’s […] - [Velera Elevates Fraud Management and Cardholder Experience with FICO Platform](https://thecreditunionconnection.com/velera-elevates-fraud-management-and-cardholder-experience-with-fico-platform/): 2025 FICO® Decision Award winner for Fraud Management recognized for transformative results across 715 financial institutions Highlights: At its FICO® World conference today, global analytics software leader FICO announced that Velera has transformed its fraud alerting services using FICO® Platform’s Omni-Channel Engagement Capability. This shift has delivered faster alerts, higher automation, and a significantly improved cardholder experience for 715 financial institutions. For its achievements, Velera was named a 2025 FICO® Decision Award winner for Fraud Management. Now in their 13th year, the FICO Decision Awards recognize organizations around the world that have achieved outstanding results using FICO’s analytics and decisioning technologies. […] - [Velera Named to Newsweek’s America’s Greatest Workplaces for Gen Z 2025](https://thecreditunionconnection.com/velera-named-to-newsweeks-americas-greatest-workplaces-for-gen-z-2025/): Velera announced today that it has been recognized as one of America’s Greatest Workplaces for Gen Z 2025 by Newsweek and Plant-A Insights Group. Recognizing companies that champion their employees, the annual list developed by Newsweek and Plant-A Insights Group is based on a rigorous evaluation of an assessment of publicly accessible data, discussions and interviews with HR professionals and large-scale confidential online surveys conducted among Gen Z employees from U.S. companies. “Velera is honored to be named one of America’s Greatest Workplaces for Gen Z. We believe our employees are our greatest asset and take pride in fostering a workplace where young talent can […] - [TopLine Financial Credit Union Receives Statewide Recognition for Adult Financial Education Efforts](https://thecreditunionconnection.com/topline-financial-credit-union-receives-statewide-recognition-for-adult-financial-education-efforts/): TopLine receives MnCUN’s Desjardins Financial Education Award TopLine Financial Credit Union was named winner of the Desjardins Financial Education Award. The award, sponsored by the Minnesota Credit Union Network (MnCUN) recognized credit unions for superior adult financial education programs benefitting the credit union’s members and communities. The Desjardins award is named after credit union pioneer Alphonse Desjardins and emphasizes the movement’s longtime commitment to financial education. TopLine was awarded in the Desjardins Adult Category for the credit union’s Certified Credit Union Financial Counselors (CCUFC) designation. 37% of all TopLine employees have received their Certified Credit Union Financial Counselors (CCUFC) designation through Credit […] - [Element 22 Commercial Group Coordinates Funding of $1.24 Million Northern Michigan Resort Between Four Local Credit Unions](https://thecreditunionconnection.com/element-22-commercial-group-coordinates-funding-of-1-24-million-northern-michigan-resort-between-four-local-credit-unions/): Element 22 Commercial Group and multiple credit unions based out of Northern Michigan have collaborated to fund the purchase and renovation of the Pleasant Valley Resort. Located in Arcadia, Michigan, the 1.5-acre resort includes a 6-unit motel, 4 cabins, a 3-bedroom house and a new barndominium. The borrower will be adding a pickleball court and putting/chipping green, in addition to an assortment of other new amenities that will surely appeal to future guests. The loan participants include Filer Credit Union as the lead Lender, along with TBA Credit Union, Traverse Catholic Federal Credit Union, and Forest Area Federal Credit Union. […] - [CDFI Funding in Question: What Credit Unions Need to Know](https://thecreditunionconnection.com/cdfi-funding-in-question-what-credit-unions-need-to-know/): A recent proposal from President Trump’s “skinny budget” has cast a spotlight on the future of the Community Development Financial Institutions (CDFI) Fund, suggesting a significant reduction in its appropriation for 2026. The proposal slashes funding to just $33 million, a mere 10% of its previous level, with the stated purpose of keeping the fund operational to wind down programs and cover reporting requirements. The administration argues that the CDFI industry has matured and should be financially self-sustaining, no longer requiring seed money. However, this perspective is not without its challengers. CDFI expert Stacy Augustine, president of CU Strategic Planning, […] - [Homeland Credit Union Goes Live with MDT to Enhance Efficiencies and the Member Experience](https://thecreditunionconnection.com/homeland-credit-union-goes-live-with-mdt-to-enhance-efficiencies-and-the-member-experience/): Credit union launches MDT for core processing, expanded digital capabilities MDT today announced that Homeland Credit Union has successfully launched a long term partnership with MDT. This shift enables the credit union to provide leading digital-first capabilities, create new efficiencies and more effectively leverage data. Homeland Credit Union has provided financial services to generations of families and communities across South Central Ohio since 1932. As the financial landscape evolves, the credit union was looking to replace its aging core system with a more modern, robust platform to streamline processes and deliver a broader range of digital-first solutions to meet members’ everyday needs. MDT stood out […] - [LAFCU to Award $10K in Grants to Individuals Seeking Financial Relief](https://thecreditunionconnection.com/lafcu-to-award-10k-in-grants-to-individuals-seeking-financial-relief/): Credit union’s essay contest entries due May 31 LAFCU is offering an opportunity to help individuals take charge of their financial well-being through its Pathway to Financial Transformation Essay Contest. The Michigan-based credit union will award four individuals with grants of up to $2,500 each — totaling $10,000 — to help them get a leg up on their financial situations. Grant funds can be used for nearly anything that will improve each individual’s financial outlook, such as paying down, or paying off debt, including medical bills, student loans, credit cards, and more. Designed to help strengthen the financial stability of […] - [PenAir Credit Union to Invest in Six High School Seniors With $10,000 Scholarships ](https://thecreditunionconnection.com/penair-credit-union-to-invest-in-six-high-school-seniors-with-10000-scholarships/): PenAir Credit Union (PenAir) announces six scholarships to seniors attending Northwest Florida and South Alabama schools. Scholarships are awarded to student members based on the student’s academic performance and passion for helping others. The 2025 PenAir scholarship winners include: The PenAir Scholarship Program helps PenAir student members who have a passion for helping others pursue a post-secondary education toward an undergraduate or associate degree or trade certification. Since the program’s inception in 2010, more than $261,000 has been awarded in scholarships to graduating high school seniors within PenAir’s 19-county field of membership. “Students of this generation are seeing so much happen […] - [Veridian Credit Union Awards $20,000 in Scholarships to Eight Students](https://thecreditunionconnection.com/veridian-credit-union-awards-20000-in-scholarships-to-eight-students/): Veridian Credit Union has awarded $20,000 in scholarships to eight students for the 2025-2026 academic year. Scholarships of $2,500 each were awarded to Veridian members in two categories, including high school and post-high school.  “There’s no better investment we could make in the future of our communities than in our youth,” said Veridian President and CEO Renee Christoffer. “We’re proud to support these students and wish them all the best as they build the future they envision.” Applicants submitted an essay explaining a personal experience that shaped a financial lesson in their life. 2025 Veridian Scholarship recipients include: High School Recipients […] - [Financial Plus Credit Union Awards $110,000 to Metro Community Development Through FHLBank Indianapolis Grant Program](https://thecreditunionconnection.com/financial-plus-credit-union-awards-110000-to-metro-community-development-through-fhlbank-indianapolis-grant-program/): Financial Plus Credit Union, a member of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis), has awarded $110,000 in total funding to Metro Community Development (MCD) to support economic and housing initiatives in Flint and Genesee County. The funding includes a $100,000 grant awarded through FHLBank Indianapolis’ Community Multiplier – Member Match Program, as well as an additional $10,000 donation from Financial Plus. The grant will support MCD’s in-fill modular home development program in a Flint neighborhood, covering the remaining costs needed to complete the project. Upon completion, the program will help four families achieve their dream of homeownership with affordable […] - [Royal Credit Union Names Diamond Awards Recipient Amid Record-Breaking Competition](https://thecreditunionconnection.com/royal-credit-union-names-diamond-awards-recipient-amid-record-breaking-competition/): Royal Credit Union (Royal) was among 180 credit unions nationwide named as winners of the prestigious Diamond Award.  The Diamond Awards recognize the top credit union marketing efforts from across the US and are presented at the America’s Credit Unions Marketing, PR, and Business Development conference. Royal received the Category’s Best Award in the Content Marketing Category showcasing Royal’s Money Donuts podcast and the related social media and YouTube content. James Plendl, Royal’s marketing content supervisor, accepted the award on behalf of the Royal’s marketing team. “We are so proud of this accomplishment!” said Andrea Finn, Royal’s marketing manager. “A […] - [Universal 1 Credit Union Announces the 2025 Glen R Kershner Memorial Scholarship Winners](https://thecreditunionconnection.com/universal-1-credit-union-announces-the-2025-glen-r-kershner-memorial-scholarship-winners/): Universal 1 Credit Union (U1) members, Eva Johnson-Woods of Trotwood-Madison High School, and Addilyn Slinker of Beavercreek High School, were each awarded this year’s Glen R Kershner Memorial Scholarship of $1,000.00. The 2025 graduates have demonstrated outstanding leadership, academic success, and community involvement, paving the way for their future pursuits in law and biomedical engineering at prestigious universities. Eva will be attending Bowling Green State University, where she plans to major in Criminal Justice with a minor in Business. After earning her bachelor’s degree, Eva intends to pursue her Juris Doctor (J.D.) at the University of Dayton School of Law, with the goal of […] - [Citadel Heart of Learning Awards Honors Most Inspiring Teachers Throughout Greater Philadelphia](https://thecreditunionconnection.com/citadel-heart-of-learning-awards-honors-most-inspiring-teachers-throughout-greater-philadelphia/): 2025 honorees celebrated for their extraordinary service, passion, and leadership Citadel Credit Union has announced the 2025 recipients of the Citadel Heart of Learning Awards (CHOLA), recognizing 32 exceptional teachers from across Citadel’s Greater Philadelphia region footprint, including Bucks, Chester, Montgomery, Lancaster, Delaware, and Philadelphia Counties. With this year’s distribution of over $85,000 in grants, a 44% increase over last year, Citadel continues its 24-year commitment to strengthening education through community support, nearing $600,000 in total grants given. The Citadel Heart of Learning Awards, launched in 2001 in partnership with the Chester County Intermediate Unit (CCIU), honors teachers who go above and beyond in their dedication to students and the classroom. Thousands of nominations are submitted […] - [Farewell, Tax Exemption? Executive Compensation in Credit Unions May Face Major Changes](https://thecreditunionconnection.com/farewell-tax-exemption-executive-compensation-in-credit-unions-may-face-major-changes/): Your credit union will reap the benefits of being proactive By J.P. O’Connor, Senior Compensation Consultant, PARC Compensation Consulting The most recent proposal to eliminate the federal income tax exemption for credit unions has reignited intense discussions across the industry. While credit union taxation has been proposed several times over the last 20 or 30 years and hasn’t become a reality, the possibility that this proposal could go through can’t be ignored; the new administration has not hesitated to enact sweeping change in other areas. If enacted, federal taxation would substantially impact credit union budgets that have been carefully designed to balance […] - [NextLEVEL Compliance Announces Jovilyn Herrick’s Return as CEO](https://thecreditunionconnection.com/nextlevel-compliance-announces-jovilyn-herricks-return-as-ceo/): NextLEVEL Compliance is announcing the return of Jovilyn Herrick as the company’s CEO. Herrick founded NLC in 2017, laying the groundwork for the company’s development. After a successful five-year stint as the senior director of compliance client solutions for a compliance technology and consulting firm, she is returning to the NLC helm. Herrick, a certified compliance expert, has spent more than 25 years working in the credit union industry. She has held various leadership positions that span compliance management, operations, lending, and chief operations officer, building expertise in compliance frameworks, operational efficiency, and strategic initiatives. In her most recent role, she oversaw […] - [WOCCU and WFCU Sustain Vital Support for Ukraine's Credit Unions Despite USAID Cuts](https://thecreditunionconnection.com/woccu-and-wfcu-sustain-vital-support-for-ukraines-credit-unions-despite-usaid-cuts/): Rally the Movement funds help preserve development work in wartime World Council of Credit Unions (WOCCU) and its strategic partner, Worldwide Foundation for Credit Unions (WFCU), are proud to announce that vital support for Ukraine’s credit union sector is continuing due to funds raised during the Rally the Movement campaign—a global effort launched in response to the termination of USAID awards that funded WOCCU projects in Ukraine and six other countries. WFCU will distribute a $210,000 grant to the Ukrainian United Credit Union (UUCU), a central credit union, that will be used as reserve capital to expand lending to its […] - [DCUC Writes to Congress - Preserve CDFI Fund Amid Budget Cuts](https://thecreditunionconnection.com/dcuc-writes-to-congress-preserve-cdfi-fund-amid-budget-cuts/): The Defense Credit Union Council (DCUC), has sent a letter to the House Appropriations Financial Services and General Government Subcommittee, voicing its strong opposition to proposed cuts to the Community Development Financial Institutions (CDFI) Fund, a program vital to the financial readiness and inclusion of military communities. As Congress holds its May 6, 2025, oversight hearing on the U.S. Department of the Treasury, DCUC urges Committee members to reject any proposals to eliminate or reduce funding for the CDFI Fund. “The Fund has served as a lifeline for military-serving credit unions and the communities they support, enabling decades of progress […] - [DCUC Urges Congress to Prioritize Clarity and Consumer Protection in Digital Asset Policy](https://thecreditunionconnection.com/dcuc-urges-congress-to-prioritize-clarity-and-consumer-protection-in-digital-asset-policy/): The Defense Credit Union Council (DCUC) has sent a letter to the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion in response to tomorrow’s hearing on next-generation digital asset infrastructure. DCUC commended the Subcommittee’s leadership in exploring tokenization and its potential to modernize financial markets. In the letter, DCUC stressed the need for regulatory clarity, consumer safeguards, and the inclusion of credit unions in shaping digital asset policy. Jason Stverak, DCUC’s Chief Advocacy Officer wrote how DCUC takes a pragmatic approach to digital assets—not endorsing specific platforms, but focusing on the financial readiness and protection of military […] - [DCUC Calls for Preservation of Credit Union Tax Status in Letter to House Ways and Means Committee](https://thecreditunionconnection.com/dcuc-calls-for-preservation-of-credit-union-tax-status-in-letter-to-house-ways-and-means-committee/): Early this morning, the Defense Credit Union Council (DCUC) sent a letter to House Ways and Means Committee Chairman Jason Smith and Ranking Member Richard Neal, urging lawmakers to preserve the federal tax-exempt status of credit unions as Congress considers potential tax reforms. In the letter, DCUC Chief Advocacy Officer Jason Stverak shared the vital role credit unions— especially those serving the military—play in supporting over 40 million Americans, including active-duty servicemembers, veterans, and their families. “The credit union tax exemption is not a special favor,” says Stverak, “it reflects our not-for- profit, member-owned structure and mission to serve those […] - [Fiserv Sneezes, Credit Unions Catch a Cold – MAJOR OUTAGE](https://thecreditunionconnection.com/fiserv-outage-credit-unions/): Just in time for many members’ paydays, Fiserv has experienced a widespread outage. It caused critical disruptions today across digital banking platforms, payments infrastructure and Zelle, which has become a popular service among credit unions and their members. Fiserv serves hundreds of credit unions, including Navy Federal, which is among the credit unions affected.  What Happened Beginning in the early hours of Friday morning, credit unions nationwide began reporting issues with online banking, mobile apps, debit card processing, and Zelle functionality. Outages have ranged from degraded performance to complete downtime. By midday, thousands of users had taken to social media […] - [CDFIs — the Federal Reserve Wants to Hear from You!](https://thecreditunionconnection.com/cdfis-the-federal-reserve-wants-to-hear-from-you/): Complete the Federal Reserve CDFI Survey by May 30th  Every two years, the twelve regional Federal Reserve Banks conduct a survey of Community Development Financial Institutions (CDFIs). This unique survey provides industry stakeholders data to inform research and policymaking. The Federal Reserve Banks field this survey to aid understanding of access to credit and economic opportunity in communities across the nation. The results can also be used by CDFIs to compare their organization to a larger national sample and to learn about other CDFIs’ products and practices. The 2025 CDFI Survey is now open! Take the Survey (English) Complete la […] - [First Capital Federal Credit Union Holds 2nd Annual Member Appreciation Event & Chicken BBQ to Benefit the FirstCap Gives Back Foundation!](https://thecreditunionconnection.com/first-capital-federal-credit-union-holds-2nd-annual-member-appreciation-event-chicken-bbq-to-benefit-the-firstcap-gives-back-foundation/): On Saturday, April 26, 2025, First Capital Federal Credit Union held its 2nd Annual Member Appreciation event and Chicken BBQ at its West York Branch.  As part of our event, we offered free shredding to members and a Chicken BBQ fundraiser to support the FirstCap Gives Back Foundation. This year, we sold more than 500 chicken dinners and raised over $2,000.00.  “Our members are at the heart of everything we do, and this event is our way of showing appreciation while also giving back to the community,” said Tara Houser Minetos, Senior VP of Marketing at First Capital. - [PenFed Credit Union Finishes First Quarter of 2025 with Increased Earnings, Capital and Liquidity](https://thecreditunionconnection.com/penfed-credit-union-finishes-first-quarter-of-2025-with-increased-earnings-capital-and-liquidity/): One of America’s largest federal credit unions maintains over $3 billion in regulatory net worth. PenFed Credit Union finished the first quarter of 2025 with increased earnings, capital and liquidity. PenFed also finished the quarter with nearly 3 million members, $31 billion in assets and over $3 billion in regulatory net worth. “PenFed is proud to report it exceeded its first quarter business goals. Compared to the first quarter of the prior year, current quarter’s net income was $59.3 million versus $23.1 million, an increase of 156%; regulatory capital was 10.05% versus 9.26%, and liquidity increased from 12.6% to 14.5%,” said PenFed President and CEO James Schenck. “PenFed is committed to […] - [Financial Center Completes Merger with Indianapolis Post Office Credit Union](https://thecreditunionconnection.com/financial-center-completes-merger-with-indianapolis-post-office-credit-union/): Financial Center First Credit Union is proud to announce the successful completion of its merger with Indianapolis Post Office Credit Union, a partnership that was finalized on May 1, 2025. This merger strengthens Financial Center’s footprint in Central Indiana by expanding access and adding over 3,000 new members and $40 million in assets – bringing the organization’s total asset size to $940 million and its membership to over 60,000. It also adds a new full-service branch location, located within the downtown Post Office, increasing convenience and service accessibility for members living or working in the city’s core. “This merger represents our continued commitment to […] - [Robins Financial Donates $24,000 to Community in Honor of its 24th Branch](https://thecreditunionconnection.com/robins-financial-donates-24000-to-community-in-honor-of-its-24th-branch/): Robins Financial Credit Union recently made a generous donation of $24,000 to seven local nonprofit organizations throughout Baldwin and Putnam County during its Grand Opening celebration on Wednesday, April 30.  These charitable contributions were made in celebration of the opening of their 24th branch location – Sinclair – demonstrating the credit union’s ongoing commitment to making a positive impact in the communities it serves.  Five Putnam County nonprofit organizations received $2,400 each to assist with initiatives that will help strengthen the community and surrounding areas. The recipients included Eatonton Veterans Thrift Store, Habitat for Humanity Putnam County, Putnam Christian Outreach, Putnam […] - [GLCU Launches Enhanced Checking Account for Nonprofits](https://thecreditunionconnection.com/glcu-launches-enhanced-checking-account-for-nonprofits/): Great Lakes Credit Union (GLCU) is excited to announce the launch of an enhanced checking account product for nonprofit businesses. As a mission-driven financial institution, GLCU is proud to offer checking accounts tailored to fit nonprofit organizations’ unique needs. Nonprofits that open a checking account with GLCU can earn a competitive 3.00% APY* rate on their balances and have access to advanced cash management solutions that support their day-to-day banking needs and can improve operational efficiencies.  GLCU nonprofit checking account members can benefit from GLCU’s advanced fraud protection services, ACH origination, remote deposit capture, and more.  Other key benefits include digital banking services, […] - [Didn’t catch former NCUA Board Member Harper’s interview with the Brookings Institute? Here’s my take.](https://thecreditunionconnection.com/ncua-board-member-todd-harper-brookings-institute/): Sarah Snell Cooke, Founder/CEO, The Credit Union Connection Following former NCUA Board Member Todd Harper’s dismissal from the NCUA Board, he and fellow dismissed Board Member Tanya Otsuka have filed a lawsuit to regain their positions. Harper was interviewed today at the Brookings Institute by the Center on Regulation and Markets Senior Fellow Aaron Klein, who was obviously sympathetic to the two board members as a matter of policy and politics. I like Todd as a person and professional I have worked with. He helped me, as a cub reporter, get a word in edgewise at a scrum with Congressman […] - [Credit Unions Announce New Hires/Promotions; AmeriChoice Board Chairman Honored as 2025 Volunteer of the Year](https://thecreditunionconnection.com/credit-unions-announce-new-hires-promotions-americhoice-board-chairman-honored-as-2025-volunteer-of-the-year/): Several credit unions, including LAFCU and Kitsap Credit Union, announced changes to their leadership teams, and AmeriChoice Federal Credit Union‘s long-time Board Chairman was honored with the 2025 Calvin H. Jackson Volunteer of the Year Award. New Hires: Recognitions: Promotions: Appointments: Members Trust Company (MTC) is proud to formally announce the appointment of two distinguished credit union leaders, Lucy Ito and Maurice Smith, to its Board of Directors. Their extensive experience and commitment to the credit union mission will further strengthen MTC’s vision and mission to serve credit unions and their members with trust and fiduciary solutions nationwide. The Truliant Federal Credit Union Board […] - [Indiana Members Credit Union Awards $154,000 In Funds To Local Nonprofits Through FHLBank Indianapolis Grant Program](https://thecreditunionconnection.com/indiana-members-credit-union-awards-154000-in-funds-to-local-nonprofits-through-fhlbank-indianapolis-grant-program/): Indiana Members Credit Union (IMCU) in collaboration with the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) awarded three nonprofit organizations $154,000 in grant funds through the Community Multiplier – Member Match program.  At the April 29 IMCU board meeting, IMCU and its board of directors presented checks to the following organizations: Helping Veterans and Families (HVAF) of Indiana Inc., the Chin Community of Indiana (CCI), and Burmese American Community Institute (BACI). The $154,000 in grants will support these organizations with their career development, educational assistance, and supportive services programs for prospective homeowners.  “We are proud to partner with these […] - [Judy DeLucca Inducted into the Credit Union House Hall of Leaders](https://thecreditunionconnection.com/judy-delucca-inducted-into-the-credit-union-house-hall-of-leaders/): Judy DeLucca’s remarkable career is being honored with her induction into the Credit Union House Hall of Leaders, one of the industry’s most prestigious honors. The Credit Union House Hall of Leaders recognizes individuals whose leadership has made a lasting impact on the credit union movement. On Sunday, March 2, 2025, twenty distinguished credit union advocates were inducted during a ceremony held at the Marriott Marquis. These honorees have demonstrated unwavering commitment to advancing the credit union mission and philosophy, earning them a place among the industry’s most influential leaders. “These leaders exemplify the spirit of the Credit Union Movement, […] - [Navy Federal Celebrates Military Appreciation Month with Exclusive Offers and Events for Servicemembers and Military Families](https://thecreditunionconnection.com/navy-federal-celebrates-military-appreciation-month-with-exclusive-offers-and-events-for-servicemembers-and-military-families/): Navy Federal Credit Union is proudly commemorating Military Appreciation Month with celebratory activities and member deals throughout the month of May to honor Active Duty Servicemembers, Veterans and their families. “Our purpose is to spread military appreciation by honoring those who serve or have served,” said Mehdi Dinia, vice president of membership at Navy Federal. “We’re proud to be hosting this celebration, alongside partners like the USO, to show our deep commitment to service and gratitude for the military community.” Special offers include: Additionally, Navy Federal members and the military community can participate in celebratory activities, such as: Navy Federal is […] - [DCUC Welcomes Collins Community Credit Union (CCCU) to Membership](https://thecreditunionconnection.com/dcuc-welcomes-collins-community-credit-union-cccu-to-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Collins Community Credit Union (CCCU) as its newest affiliate member. Collins Community Credit Union (CCCU) is a member-owned financial institution founded in 1940 by ten employees of Collins Radio, originally founded as Collins Employees Credit Union. Rooted in the philosophy of “People Helping People,” CCCU has grown to become Iowa’s fourth-largest credit union, managing over $1 billion in assets. It serves individuals who live, work, attend school, or worship in several counties across Iowa, Illinois, and Wisconsin. CCCU offers a comprehensive range of financial products and services, including savings and checking accounts, loans, mortgages, […] - [Royal Credit Union Hosts Diaper Drive To Address Growing Community Need](https://thecreditunionconnection.com/royal-credit-union-hosts-diaper-drive-to-address-growing-community-need/): Royal Credit Union (Royal) is teaming up with three local non-profits—Feed My People Food Bank, St. Croix Valley Food Bank, and Diaper Bank of Minnesota—to host its inaugural diaper drive, addressing a growing need in the community. “As many as 50% of families are struggling to afford enough diapers for their babies, yet the cost of diapers is not covered by government assistance programs like WIC,” says Heidi Cornelius, Community Engagement Coordinator at Royal Credit Union. “We are proud to support this vital cause and make a positive impact in the communities we serve.” Michelle Pride, Community Engagement Specialist from […] - [First Harvest Credit Union’s Charitable Journey Program Donates $2,500 to The Larc Norcross School](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-donates-2500-to-the-larc-norcross-school/): First Harvest Employees Raise Funds to Support Bellmawr Non-Profit Special Education School for Children with Specialized Needs First Harvest Credit Union’s (“First Harvest”) Charitable Journey Program recently donated over $2,500 to The Larc Norcross School, which provides special education services to enhance opportunities for growth, development, and independence for students with specialized needs.  Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. Quarterly fundraising initiatives are held to support various charities close to the hearts of First Harvest employees. Since inception, the Charitable Journey Program […] - [Iowa Credit Union Foundation Awards $46,000 to Scholarship Winners ](https://thecreditunionconnection.com/iowa-credit-union-foundation-awards-46000-to-scholarship-winners/): Record Number of Applicants Leads to Second Year of Doubling of Scholarship Pledge The Iowa Credit Union Foundation (ICUF) is proud to announce the 2025 recipients of its Warren A. Morrow scholarship, highlighting its continued dedication to supporting students in their educational journeys. Following a record number of applicants this year, ICUF’s Board of Directors has reaffirmed its commitment to doubling the scholarship amounts awarded, a decision first made last year. Warren A. Morrow committed his life and career to serving underserved communities and uplifting the Hispanic population. To honor Warren’s legacy, the Iowa Credit Union Foundation awards scholarships to […] - [Shazam Creator Chris Barton To Headline Lending Tech Live ’25 With Keynote On Innovation And Imagination](https://thecreditunionconnection.com/shazam-creator-chris-barton-to-headline-lending-tech-live-25-with-keynote-on-innovation-and-imagination/): Origence announced founder and creator of Shazam, Chris Barton, as a keynote speaker for its Lending Tech Live ’25 conference, scheduled for June 16-18, 2025, at the Omni Nashville Hotel in Nashville, Tenn. Barton is an innovative tech entrepreneur best known for inventing Shazam, an app with more than two billion downloads that revolutionized how people discover music and shaped the consumer AI industry. Despite early skepticism from experts, he defied the odds to create groundbreaking technology, build a music database, and deliver a seamless user experience. Beyond Shazam, Barton has played significant roles at Google and Dropbox, holds 12 […] - [First Commerce Credit Union Kicks Off Liz Nix Fundraiser for Animal Rescue Organizations in North Florida and South Georgia](https://thecreditunionconnection.com/first-commerce-credit-union-kicks-off-liz-nix-fundraiser-for-animal-rescue-organizations-in-north-florida-and-south-georgia/): Liz Nix Fundraiser for Animal Rescue brings communities together to raise much-needed funds for local animal organizations As National Pet Month kicks off in May, First Commerce Credit Union is launching its annual Liz Nix Fundraiser to benefit local animal organizations in communities across North Florida and South Georgia. The fun and heartwarming fundraiser will feature engaging community events, the chance to purchase pet-friendly items for a donation, and even a healthy competition among First Commerce financial centers to raise funds for local animal rescues. Last year, together with donations from individuals and businesses, the credit union raised just over […] - [AKUVO Welcomes 10 New Customers in Q1](https://thecreditunionconnection.com/akuvo-welcomes-10-new-customers-in-q1/): Demand for Modern Collections Solutions Continues to Grow AKUVO announced the addition of 10 new customers during the first quarter of 2025. These financial institutions have selected the AKUVO collections platform to elevate their collections strategy through modernized technology and automation.  New AKUVO customers include:  · Clearview Federal Credit Union, headquartered in Pittsburgh, Penn., manages $2 billion in assets and has 128,000 members.  · Lewis and Clark Credit Union, located in Lewiston, Idaho, has $226 million in assets and serves 21,000 members.  · Municipal Credit Union, one of the largest credit unions in New York City, holds $4.5 billion in […] - [Rize Credit Union to Expand Partnership with Barely Canadian and Comfort Cases to Support Youth in Foster Care](https://thecreditunionconnection.com/rize-credit-union-to-expand-partnership-with-barely-canadian-and-comfort-cases-to-support-youth-in-foster-care/): The credit union first partnered with both organizations in May 2024 during National Foster Care Awareness Month Building on the success of its 2024 National Foster Care Awareness Month campaign, Rize Credit Union (Rize) is expanding its partnership with Comfort Cases and Barely Canadian to provide ongoing support for youth in foster care. What began as a one-month initiative – donating a Comfort Cases® backpack and Barely Canadian hoodie for every new account opened – has since evolved into a year-round program, where every youth in foster care who opens a bank account with Rize receives a Comfort Cases® and […] - [Long to Lead America’s Credit Unions’ Economic and Data Advocacy Strategy](https://thecreditunionconnection.com/long-to-lead-americas-credit-unions-economic-and-data-advocacy-strategy/): America’s Credit Unions has named Curt Long Chief Economist/Vice President of Data and Research. Long has extensive experience utilizing economic data and research to advocate on behalf of the credit union industry, including with the Federal Reserve system, NCUA, and Congress.  “We are proud to announce Curt as our Chief Economist and Vice President of Data and Research. Curt has provided cutting-edge industry research and has served as an excellent advocate for the credit union industry for over a decade,” said America’s Credit Unions President and CEO Jim Nussle. “He has proved himself as a true innovator as an economist and […] - [Minnesota Credit Union Network Honors Two Harbors Federal Credit Union CEO as Outstanding Professional of the Year](https://thecreditunionconnection.com/minnesota-credit-union-network-honors-two-harbors-federal-credit-union-ceo-as-outstanding-professional-of-the-year/): The Minnesota Credit Union Network (MnCUN) presented the Outstanding Credit Union Professional of the Year at a celebration held during the MnCUN ACCELERATE 25 Conference on April 22 at the Mystic Lake Center in Prior Lake, Minn. The 2025 Outstanding Director of the Year is Randy Willert, President & CEO of Two Harbors Federal Credit Union. The Outstanding Professional of the Year is given to a remarkable person who truly stands behind the “people helping people” credit union philosophy. In 2012, Two Harbors Federal Credit Union (THFCU) was struggling in nearly every way: poor financial performance, sub-par products and services, low […] - [TRISCENDNP, Trellance Cooperative Holdings Inc., Revolutionize Executive Benefits for Credit Unions through New Partnership](https://thecreditunionconnection.com/triscendnp-trellance-cooperative-holdings-inc-revolutionize-executive-benefits-for-credit-unions-through-new-partnership/): Collaboration fusing high-touch service with high-tech innovation will deliver unprecedented access, transparency and control in executive benefit plans TRISCENDNP and Trellance Cooperative Holdings Inc. today announced a first-of-its-kind partnership designed to transform executive benefit management across the credit union industry by introducing a level of transparency and accessibility never before available. At the core of this partnership is ProBridge, one of Trellance’s business entities, providing a team of skilled credit union technology professionals that will introduce new levels of transparency and efficiency to credit unions’ executive benefits programs. By leveraging the expertise of TRISCENDNPin executive benefits and Trellance’s deep insights and technology, […] - [Annual Survey of Bank and Credit Union Executives Reveals Top Priorities, Concerns](https://thecreditunionconnection.com/annual-survey-of-bank-and-credit-union-executives-reveals-top-priorities-concerns/): Operational efficiency, growth, and fraud take center stage amid economic uncertainty Banks and credit unions are prioritizing operational efficiency while focusing on growing deposits and loans, according to Jack Henry’s seventh annual Strategy Benchmark. The survey of 149 C-level executives at financial institutions using Jack Henry™ products and services highlights the critical issues and opportunities facing the industry.   “As growing non-interest expense and loan-loss provisions put downward pressure on net income in 2024, community banks and credit unions entered 2025 with growing urgency around efficiency,” said Lee Wetherington, Senior Director of Jack Henry Corporate Strategy. “Given data is key to both efficiency and growth, leading institutions […] - [LAFCU Brings Financial Literacy to Life for Lansing Christian Students at Financial Reality Fair](https://thecreditunionconnection.com/lafcu-brings-financial-literacy-to-life-for-lansing-christian-students-at-financial-reality-fair/): Credit union partners with school to help students gain real-world money management skills LAFCU hosted its fifth annual Financial Reality Fair at Lansing Christian School April 10, giving high school students a hands-on opportunity to learn essential financial literacy skills through a fun and engaging simulation. This year’s event, held during National Financial Literacy Month, introduced around 40 Lansing Christian freshmen and seniors to money management basics to promote early financial education. Students visited 12 booths staffed by LAFCU employees, where they navigated expenses such as housing, transportation, groceries, and insurance—all designed to simulate one month of independent living. Students […] - [First Commerce Credit Union and FCCU Foundation Promote Financial Literacy Through Engaging Community Activities](https://thecreditunionconnection.com/first-commerce-credit-union-and-fccu-foundation-promote-financial-literacy-through-engaging-community-activities/): Engaging Activities and Community Impact The FCCU Foundation’s efforts also extended beyond the digital realm, with a variety of customized financial education events held across North Florida and South Georgia during Financial Literacy Month. Highlights included a professional development workshop on financial empowerment for college faculty, Financial Fitness Fair “adulting simulations” at area high schools, workshops for teens on managing financial stress, and educational programs for elementary school entrepreneurs, as well as middle and high schoolers on topics such as basic personal finance and building good financial habits. Events like this are held year-round, reinforcing the FCCU Foundation’s ongoing commitment […] - [Revolutionizing Credit Union Engagement: A Conversation with Vertice AI's Mitch Rutledge](https://thecreditunionconnection.com/revolutionizing-credit-union-engagement-a-conversation-with-vertice-ais-mitch-rutledge/): In an insightful discussion at the Government Affairs Conference in Washington D.C. earlier this year, Mitch Rutledge, cofounder/CEO of Vertice AI, shed light on how data-driven engagement is revolutionizing member personalization for credit unions. Rutledge, whose background is rooted in analytics and software, recognized an opportunity to adapt the data-driven personalization techniques used in retail for decades to benefit the credit union movement. Vertice AI was founded three years ago with the mission of empowering credit unions to personalize member engagement. Rutledge highlighted that credit unions possess a wealth of member data, but often lack the resources, such as in-house […] - [Members Trust Company Named Finalist in 2025 Family Wealth Report Awards](https://thecreditunionconnection.com/members-trust-company-named-finalist-in-2025-family-wealth-report-awards/): Members Trust Company (MTC), a nationally chartered and OCC-regulated trust company renowned for delivering fiduciary trust and investment management services, is proud to announce its selection as a finalist in the prestigious Twelfth Annual Family Wealth Report Awards 2025. Finalist Category: Diversity in Wealth Management (Company) This nomination highlights MTC’s continued commitment to diversity, innovation, and excellence in wealth management for credit unions, their members, registered investment advisors (RIAs), and private investors across the United States. Commenting on being selected as a finalist, Ken Lako, President & CEO of MTC said: “Being named a finalist by the Family Wealth Report Awards reflects […] - [DBSI and Tyfone Partner to Offer Java4Kids Stations in Credit Union Branches](https://thecreditunionconnection.com/dbsi-and-tyfone-partner-to-offer-java4kids-stations-in-credit-union-branches/): ~Through coffee stations and cafes, credit unions offer an impactful experience for members while generating donations for children’s healthcare ~ Participants can choose from multiple Java4Kids commitment options, ranging from simple digital signage with QR codes and coffee displays to complete café experiences. DBSI partners closely with each financial institution to create customized designs that seamlessly integrate with their existing brand identity and branch aesthetics. Beyond generating meaningful donations for CMN Hospitals, Java4Kids stations help enhance member value and engagement by providing a thoughtful service that aligns with financial institutions’ commitment to community impact. Digital banking provider Tyfone today announced its partnership […] - [Always Bring a Solution: A Habit That Sets You Apart](https://thecreditunionconnection.com/always-bring-a-solution-a-habit-that-sets-you-apart/): David Savoie, CEO, LaCorp This is the second installment in a series of reflections on management lessons that have stuck with me throughout my career. These are ideas passed on from mentors, forged in daily work, and refined through decades of leadership and education in both the financial services industry and military service. My hope is that by sharing these insights, I can contribute to a broader conversation—one that includes your experiences, agreements, disagreements, and alternative viewpoints. Early in my credit union career, I had the privilege of working under an NCUA supervisory examiner who, in retrospect, had a lasting influence […] - [Mike Moebs of Moebs $ervices Passes Away](https://thecreditunionconnection.com/mike-moebs-of-moebs-ervices-passes-away/): An obituary in the Chicago Tribune announced that Garry Michael Moebs of Moebs $ervices passed away peacefully at home on May 15, 2025.  It appears he was working up until the end; the latest research posted to his company’s website was dated May 4. Moebs was an oft-cited expert by the credit union trade press (including this writer) on overdrafts and NSFs, among other things. Moebs, 78, founded his private economic research firm Moebs $ervices in 1983, according to the obituary. It continues, “His passion was his business, clients, colleagues and family. Mike loved what he did and would often […] - [EECU Gives Title 1 Students a VIP Golf Experience at Charles Schwab Challenge](https://thecreditunionconnection.com/eecu-gives-title-1-students-a-vip-golf-experience-at-charles-schwab-challenge/): For the second consecutive year, EECU, the Colonial Country Club, and the PGA TOUR, with support from Mastercard, hosted students from Brewer Middle School, a Title 1 campus in White Settlement ISD, for a VIP Golf Experience at the Charles Schwab Challenge at Colonial Country Club. At this unique event on Wednesday, students were introduced to the game of golf through several one-of-a-kind opportunities that included a special interaction with PGA TOUR player Lanto Griffin, tours of the golf course and media center, a practice session on golf simulators, and the opportunity to collect autographs from other players. EECU also hosted a Q&A session with […] - [MSUFCU Names Benjamin Maxim as Chief Technology Officer](https://thecreditunionconnection.com/msufcu-names-benjamin-maxim-as-chief-technology-officer/): MSU Federal Credit Union (MSUFCU) has announced the promotion of Benjamin Maxim to Chief Technology Officer (CTO). In this role, Maxim will lead the Credit Union’s technology, product, innovation, and engineering strategies — driving MSUFCU’s continued leadership in digital member experiences. Maxim began his career at MSUFCU in 2007 as a web developer and has held multiple leadership positions during his tenure, including launching and leading its innovation center, The Lab at MSUFCU, which explores emerging technologies and fintech solutions to enhance the member experience. In addition to his responsibilities at MSUFCU, Maxim serves as Chief Operating Officer of Reseda Group, the award-winning […] - [Park Community Credit Union Named One of the Best Places to Work in Kentucky for 13th Consecutive Year](https://thecreditunionconnection.com/park-community-credit-union-named-one-of-the-best-places-to-work-in-kentucky-for-13th-consecutive-year/): KY- Park Community Credit Union has once again been honored as one of the Best Places to Work in Kentucky, marking an impressive 13th consecutive year receiving this prestigious recognition. The award, presented by the Kentucky Chamber of Commerce in partnership with the Kentucky Society for Human Resource Management (KYSHRM), celebrates companies that exemplify excellence in workplace culture. Park Community was recognized in the medium-sized employer category (150–499 employees), standing out as one of only 26 companies across the state to earn the distinction in 2025. The selection is based on a thorough evaluation of workplace policies and practices, combined […] - [Apiture Named Functionality Standout in 2025 XCelent Awards](https://thecreditunionconnection.com/apiture-named-functionality-standout-in-2025-xcelent-awards/): Apiture Digital Banking Platform earns “Breadth of Functionality” and “Functionality Standout” designations for support of U.S. community financial institutions Apiture announced it has been recognized by research and advisory firm Celent in its 2025 XCelent Awards for digital banking vendors serving North American community financial institutions. Apiture received an XCelent award for “Breadth of Functionality” for small business digital banking platforms and earned a “Functionality Standout” designation for both small business and retail digital banking. Calling Apiture “one of the most client-driven providers” in the community financial institution marketplace, Celent recognized the Apiture Digital Banking Platform for its intuitive UI, superior user analytics, and […] - [Three Credit Unions Announced New Hires; Reliant CU Chief Technology Officer Retiring in 2026](https://thecreditunionconnection.com/three-credit-unions-announced-new-hires-reliant-cu-chief-technology-officer-retiring-in-2026/): Three credit unions, including Abri Credit Union and Credit Union West, announced new additions to their organizations, and Reliant Credit Union announced the retirement of its Chief Technology Officer. New Hires: Retirements: Promotions: Appointments: - [NCUA Invites Stakeholder Feedback on Operations and Initiatives](https://thecreditunionconnection.com/ncua-invites-stakeholder-feedback-on-operations-and-initiatives/): Comments Will Be Incorporated into Future Strategic Plan, Budget Priorities National Credit Union Administration Chairman Kyle S. Hauptman invited stakeholders to provide suggestions and feedback on the agency’s operations and initiatives to aid in developing the NCUA’s 2026–2030 Strategic Plan, which guides the agency’s operational and budgetary priorities. “As we reimagine the NCUA, I invite the public to review the NCUA’s 2022–2026 Strategic Plan and encourage you to provide your feedback and ideas,” Chairman Hauptman said. “Tell us what’s overly burdensome, what could be done better or quicker, and what do you think NCUA is doing that is not creating value.” Stakeholders […] - [Board Briefed on NCUA’s Voluntary Separation Program, Share Insurance Fund Performance](https://thecreditunionconnection.com/board-briefed-on-ncuas-voluntary-separation-program-share-insurance-fund-performance/): The National Credit Union Administration Board held its third open meeting of 2025 and received a briefing on the agency’s Voluntary Separation Program (VSP) and the performance of the National Credit Union Share Insurance Fund in the first quarter of 2025. NCUA’s Voluntary Separation Program Meets Operational Needs The NCUA Board received a briefing from the Executive Director and Deputy Director of the Office of Examination and Insurance on the NCUA’s Voluntary Separation Program. This program is part of the agency’s efforts to comply with Executive Order 14210, Implementing the President’s “Department of Government Efficiency” Workforce Optimization Initiative. “Throughout this process, my […] - [NASA Federal Credit Union Awards Scholarships to Student Members](https://thecreditunionconnection.com/nasa-federal-credit-union-awards-scholarships-to-student-members/): At the conclusion of its 2025 Mitchell-Beall-Rosen Memorial Scholarship Contest, NASA Federal Credit Union awarded scholarships—ranging from $2,500 to the top prize of $17,000—to six high school seniors. The annual program rewards the writing talents of young Credit Union members who are working toward four-year or two-year undergraduate degrees or vocational studies. Students submit 1,000-word essays that focus on their educational goals and financial literacy as it applies to the cost of a college education and their plans for paying it. “I am always amazed by the talent and dedication of our scholarship winners, and this year’s group truly stands out,” said Dr. Alotta Taylor, […] - [Policyline Insurance Acquired by Skyla Insurance Services](https://thecreditunionconnection.com/policyline-insurance-acquired-by-skyla-insurance-services/): Deal Facilitated by Viking Mergers & Acquisitions  Skyla Insurance Services, a subsidiary of Skyla Credit Union, has acquired Policyline Insurance, a provider of insurance products and employee benefits consulting services based in Cornelius, North Carolina. Founded in 2003, Policyline is known for helping businesses navigate the complex landscape of employee benefits. A client-focused approach and deep industry knowledge have earned Policyline and owner Geoff Ricks the trust of companies across the Carolinas. “It was a pleasure working with Geoff throughout this process,” said Jay Offerdahl, Viking M&A President. “He brought a clear vision, deep commitment to his clients, and collaborative spirit to every conversation. We’re […] - [Rogue Credit Union Raises Over $37,000 for Local Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/rogue-credit-union-raises-over-37000-for-local-childrens-miracle-network-hospitals/): Thanks to the generosity of our members and communities, Rogue Credit Union is proud to announce that over $37,000 was raised during this year’s Change a Child’s Life Week, benefitting local Children’s Miracle Network Hospitals.  This year’s theme, Be the Hero, celebrated the courage and imagination of the local children facing some of life’s toughest battles. Inspired by children’s imagination and optimism in the face of life-threatening illnesses, the fundraiser invited members, team members and the local community to join the quest to help local children heal and thrive.  100% of the donations go directly to Children’s Miracle Network hospitals […] - [American Heritage Credit Union Opens New Market Street, Philadelphia Branch](https://thecreditunionconnection.com/american-heritage-credit-union-opens-new-market-street-philadelphia-branch/): Relocated Branch Expands Credit Union’s Presence in Philadelphia, PA American Heritage Credit Union (“American Heritage”) has opened its newest branch on Market Street, Philadelphia PA, further enhancing its presence and convenience in the city. American Heritage’s newest location offers a full-service solution center for individuals, families, and businesses in the local community, delivering affordable and premiere banking, borrowing, payment solutions, business services, investments, and realty services via the latest technology, safety, and convenience channels. American Heritage’s new Market Street Branch replaces its former location at 2101 Market Street, providing greater visibility and accessibility for current members, as well as new […] - [National Credit Union Foundation Announces Catie McDonald Selected As Chief Impact Officer](https://thecreditunionconnection.com/national-credit-union-foundation-announces-catie-mcdonald-selected-as-chief-impact-officer/): Foundation strengthening commitment to financial well-being for all with new role The National Credit Union Foundation (the Foundation) the national charitable arm of the credit union movement, today announced Catie McDonald as its new Chief Impact Officer, effective at the end of June. McDonald brings with her a wealth of experience and a deep commitment to advancing the credit union mission. McDonald has previously held leadership positions at TruStage and CUNA (now America’s Credit Unions). During her time at CUNA, she played a key role in spearheading the organization’s national strategy to advance financial well-being for all – a movement that continues […] - [On Tap Credit Union® Names Michael Gampp As Chief Financial Officer](https://thecreditunionconnection.com/on-tap-credit-union-names-michael-gampp-as-chief-financial-officer/): Strategic Leader Joins Executive Team to Fuel Long-Term Growth and Financial Resilience On Tap Credit Union® proudly announces the appointment of Michael Gampp as Chief Financial Officer (CFO). With more than 20 years of financial leadership and enterprise risk management experience in the credit union and banking industries, Michael joins On Tap as a proven strategic partner, bringing deep expertise in financial performance, risk management, and sustainable growth strategies. His appointment marks a significant step forward in On Tap’s journey to expand its impact and reach $2 billion in assets by 2034. “Michael is not just a financial steward—he’s a […] - [Chartway and Chartway Promise Foundation Bring Hope to Four Promise Heroes Over Four Days of Special Events](https://thecreditunionconnection.com/chartway-and-chartway-promise-foundation-bring-hope-to-four-promise-heroes-over-four-days-of-special-events/): New and signature events create awareness, demonstrate strong commitment to the community Four “Promise Heroes” took center stage over four days (May 17-20), as Chartway Promise Foundation, the charitable arm of Chartway Credit Union, put on a series of foundation-hosted fundraisers and credit union events to bring memorable experiences to medically fragile children and their families and reinforce Chartway’s community commitment in Utah. All year long, the foundation is celebrating its 20th anniversary, inviting its members, strategic charity partners, donors, and team members to share in creating memorable experiences for its “Promise Heroes.”  “These events serve as a big thank […] - [Credit Union Tax Status](https://thecreditunionconnection.com/credit-union-tax-status/): The Defense Credit Union Council (DCUC) commends the U.S. House of Representatives for passing the One Big Beautiful Bill Act (H.R. 1) early this morning and for preserving the credit union federal tax status in the final package. The bill passed with a narrow 215-214 vote following the approval of a sweeping 42-page amendment. While the bill includes several provisions with potential implications for credit unions—particularly around regulatory oversight, CUSO partnerships, and green energy lending—the exclusion of any changes to credit unions’ tax-exempt status marks a significant win for the industry and the military communities it serves. DCUC will continue to monitor […] - [MDT Releases Key Insights for How Credit Unions Can Unlock New Levels of Efficiencies](https://thecreditunionconnection.com/mdt-releases-key-insights-for-how-credit-unions-can-unlock-new-levels-of-efficiencies/): Whitepaper details interconnected consulting disciplines for credit unions to align operations with long-term strategy MDT today released a new whitepaper, Your Core is Just the Beginning: Unlocking the Next Level of Efficiency, designed to help credit unions uncover and correct inefficiencies, streamline operations and maximize returns on their technology investments. The whitepaper introduces a cross-functional consulting model built around three interconnected disciplines — Efficiency Consulting, Project Management Consulting and Core Consulting. Together, these areas form a cohesive framework aimed at bringing greater consistency, clarity and impact to the consulting experience for credit unions. “In today’s ultra-competitive, fast-moving financial landscape, efficiency isn’t just a […] - [The Family Credit Union Awards $3,000 in College Scholarships](https://thecreditunionconnection.com/the-family-credit-union-awards-3000-in-college-scholarships/): The Family Credit Union recently announced the three recipients of its $3,000 scholarship program. Each year, The Family provides three types of scholarships to its members and their families to support their higher education. This year, each recipient was awarded a $1,000 scholarship. The different scholarships and their awardees include:  Each applicant is required to share their future plans, extracurricular activities, and answer a question about how this scholarship would benefit their future in higher education.  “It’s an honor to support students as they work toward their future goals,” said The Family Credit Union CEO Michael Brandt. “We’re proud to […] - [WOCCU Calls on G20 to Recognize Cooperatives as ‘Essential Institutions’](https://thecreditunionconnection.com/woccu-calls-on-g20-to-recognize-cooperatives-as-essential-institutions/): International Advocacy letter to G20 South African Presidency also presses for Leaders’ Declaration to support regulations enabling cooperative growth World Council of Credit Unions (WOCCU) this week made a formal call to action by urging the South African G20 Presidency to recognize cooperatives as essential institutions in the global effort to advance financial inclusion in its 2025 Leaders’ Declaration. WOCCU Vice President of International Advocacy Paul Andrews made the request in a letter sent to South African President Cyril Ramaphosa, which also included a suggestion that the Leaders’ Declaration adopt language supporting regulatory frameworks that enable cooperative growth. “We urge the G20 […] - [Big Trouble in Little Credit Unions: Credit Card Competition Act](https://thecreditunionconnection.com/big-problem-in-little-credit-unions-credit-card-competition-act/): Now that the credit union tax exemption seems all but sewn up, the Credit Card Competition Act has resurfaced. (Disclaimer so I don’t get calls from the trade associations: Continue the Don’t Tax My Credit Union fight until the budget bill is passed.)  What Is the Credit Card Competition Act? Senator Richard Durbin (D-Ill.) is attempting to tack Durbin II onto new legislation, The GENIUS Act (a bill to regulate stablecoins), as his parting gift before her retires. The CCCA, originally introduced by Senators Durbin and Roger Marshall (R-Kansas), is being sold as a way to inject more competition into […] - [Centris Federal Credit Union Makes Impact Through Creighton University’s VITA Program Sponsorship](https://thecreditunionconnection.com/centris-federal-credit-union-makes-impact-through-creighton-universitys-vita-program-sponsorship/): Centris Federal Credit Union has partnered with Creighton University to help improve access to essential financial services by sponsoring Creighton University’s VITA program. VITA, the Volunteer Income Tax Assistance Program, is a service of the Internal Revenue Service (IRS) that assists community members annually in filing their taxes. The sponsorship supported accounting students in the Heider College of Business in using their skills and expertise to assist qualifying individuals in filing their taxes this spring. In the Principles of Taxation class, Creighton accounting students study tax rules, IRS 1040 forms, and applicable tax credits and deductions. They then apply their […] - [Affinity Plus Federal Credit Union's Annual Charitable Campaign Rallies Support for Special Olympics Minnesota](https://thecreditunionconnection.com/affinity-plus-federal-credit-unions-annual-charitable-campaign-rallies-support-for-special-olympics-minnesota/): The credit union’s 2025 “jump-start” promotion inspired 2,100 Minnesotans to take the plunge and raise more than $620,000 Affinity Plus Federal Credit Union (Affinity Plus) today announced the continued success of its Polar Plunge “jump-start” promotion, its annual charitable campaign supporting Special Olympics Minnesota. In 2025, more than 2,100 Minnesotans registered for the Polar Plunge – Special Olympics Minnesota’s largest fundraiser – using Affinity Plus’s custom codes to receive either a general $50 donation toward the Polar Plunge’s $75 fundraising minimum or a campus-specific $25 donation toward the Campus Plunges’ $50 fundraising minimum. Affinity Plus, a longtime supporter of Special […] - [Meriwest Credit Union Partners with Enable Technologies Inc. to launch Meriwest Business Express(SM) program](https://thecreditunionconnection.com/meriwest-credit-union-partners-with-enable-technologies-inc-to-launch-meriwest-business-expresssm-program/): Meriwest Credit Union, in partnership with Enable Technologies Inc., has launched digital small business lending products under the brand name of Meriwest Business ExpressSM. Meriwest Business ExpressSM is powered by Enable’s cutting-edge, unified deposit and loan onboarding platform, purpose-built for modern community financial institutions. This milestone marks a major step forward in Meriwest’s expansion into small business services. Through Enable’s configurable platform, Meriwest now offers local businesses a fast, seamless way to access business credit designed to support working capital needs, seasonal needs, and day-to-day operating expenses. “Small businesses are essential to our communities, and they deserve access to financial solutions that are […] - [Alkami and MANTL Named to American Banker’s 2025 “Best Places to Work in Fintech](https://thecreditunionconnection.com/alkami-and-mantl-named-to-american-bankers-2025-best-places-to-work-in-fintech/): Dual recognition celebrates Alkami’s acquisition of MANTL and the alignment of two award-winning cultures committed to transforming digital banking Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) and its newly acquired subsidiary MANTL today announced they have both been named to American Banker’s 2025 list of the Best Places to Work in Fintech. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. Companies recognized on this year’s list operate in and serve companies and consumers in a wide range of financial services, including banking and mortgages, insurance, payments, and financial advisory. “The Best […] - [The PenFed Foundation for Military Heroes Announces Veteran Entrepreneur Program May 2025 Cohort](https://thecreditunionconnection.com/the-penfed-foundation-for-military-heroes-announces-veteran-entrepreneur-program-may-2025-cohort/): The PenFed Foundation for Military Heroes is proud to continue supporting veteran-owned businesses with the announcement of the Veteran Entrepreneur Program May 2025 cohort. Building on the success of the March 2025 cohort, the accelerator program for veteran-owned businesses begins with a three-day in-person seminar in Tysons, Virginia, followed by a six-week virtual program. The program brings veteran-owned companies from across the country together to participate in networking events, roundtables and mentorship opportunities. Seminars with prominent business leaders cover topics ranging from business development, marketing and branding, legal considerations, communications, strategic planning and pitching investors. “As the May 2025 cohort gets underway, The PenFed Foundation for Military […] - [AI in Credit Unions: GAO Wants to Give the NCUA Additional Oversight](https://thecreditunionconnection.com/ai-in-credit-unions-gao-wants-to-give-the-ncua-additional-oversight/): Even when it’s the only banking regulator that has not set detailed AI guidance The Government Accountability Office’s (GAO’s) latest report—Artificial Intelligence: Use and Oversight in Financial Services (GAO-25-107197)—calls out the NCUA for limited oversight of artificial intelligence (AI) in credit unions. But before anyone rushes to hand the agency more authority (and more of your members’ money), is that the right move? The report’s conclusions state:  The path forward isn’t as simple (or justified) as the GAO suggests. What the GAO Got Right There’s no question that AI in credit unions is accelerating. Tools that once felt experimental, like machine […] - [American Heritage Credit Union and BIG 98.1's 21st Annual Car Show and Member Appreciation Day Raises $25,000](https://thecreditunionconnection.com/american-heritage-credit-union-and-big-98-1s-21st-annual-car-show-and-member-appreciation-day-raises-25000/): Event Raises $25,000 for Pediatric Health Services; Included Craft Show, Family Fun Zone, & BIG 98.1 Live Broadcast American Heritage Credit Union (“American Heritage”) and BIG 98.1 recently hosted their 21st Annual Car Show and Member Appreciation Day. More than 220 cars and over 7,000 attendees came out to support the event, which raised $25,000 for the Kids-N-Hope Foundation (“The Foundation”). The 21st Annual Car Show and Member Appreciation Day featured hundreds of classic, muscle, and modern show cars. Trophies were awarded to the top cars in the following categories: Antique, Modern, Muscle, Street, Stock, Modified, Imports, and Exotics. Attendees shopped at […] - [Twelve Pacific Northwest Credit Unions Band Together for Credit Union for Kids Member Fundraising Campaign](https://thecreditunionconnection.com/twelve-pacific-northwest-credit-unions-band-together-for-credit-union-for-kids-member-fundraising-campaign/): First Tech teams up with fellow credit unions to support medical research and care for children and families Today, 12 Oregon and Southwest Washington credit unions announced they are joining forces for a collaborative Credit Unions for Kids (CU4Kids) member campaign to fundraise for Children’s Miracle Network Hospitals (CMN Hospitals). These 12 credit unions will all collectively launch a pop-up on their online banking platforms from June 1 to June 30, 2025:  Central Willamette Credit Union, Columbia Credit Union, Fibre Federal Credit Union, First Tech Federal Credit Union, Forrit Credit Union, InRoads Credit Union, iQ Credit Union, OnPoint Community Credit Union, Oregon State Credit Union, Red Canoe Credit Union, Rivermark Community Credit Union, and Unitus Community Credit Union. For […] - [Ellafi FCU Partners With Salus for Stress Score to Proactively Support Members](https://thecreditunionconnection.com/ellafi-fcu-partners-with-salus-for-stress-score-to-proactively-support-members/): Salus will also help the credit union make microloans with confidence at scale Ellafi Federal Credit Union (Ellafi) is deepening its commitment to member financial wellness by partnering with Salus to deploy the company’s Stress Score. This member-first solution helps credit unions identify financial stress before members say anything so they can offer timely support before members reach a crisis point.  “Salus’ Stress Scores will allow us to provide valuable resources to our members before they find themselves in crisis situations,” Kristen Jensen, AVP of Loan Operations at Ellafi, explained. “Members may not have the time to research financial options, […] - [Pocketnest Integrates with CU*Answers](https://thecreditunionconnection.com/pocketnest-integrates-with-cuanswers/): Digital banking integration to deliver personalized financial tools to millions Pocketnest integrates with CU*Answers’ digital banking solution, It’s Me 247 online banking. The integration delivers hyper-personalized financial guidance to more than 200 credit unions and the 2.1 million members they serve nationwide. “By partnering with Pocketnest, credit unions in the CU*Answers network will have access to a strong toolset to help members achieve better financial health,” said Geoff Johnson, CEO, CU*Answers. “It will also provide those credit unions with new opportunities for deposits, lending products, lending revenue, and non-interest income—and all of this will be available at a reduced price thanks to the […] - [Altra Federal Credit Union Selects Alogent's Unify Platform to Power Next-Gen Deposit Automation Operations](https://thecreditunionconnection.com/altra-federal-credit-union-selects-alogents-unify-platform-to-power-next-gen-deposit-automation-operations/): Alogent (@AlogentCorp) announced that Altra Federal Credit Union has selected Unify to modernize and consolidate its deposit operations across Day 1 and Day 2 workflows. A longtime Alogent partner, Altra’s migration to Unify underscores its commitment to operational efficiency, streamlined infrastructure, and cost-effective scalability. By centralizing all item processing, including mobile deposit and self-service transactions at ATMs and ITMs, Unify supports faster, more accurate processing, reduces overhead, and significantly lessens manual efforts. Unify also enhances both internal operations and the member experience across digital and in-branch channels. “Unify allows us to simplify our infrastructure and eliminate manual processes across our deposit […] - [Hawaii State FCU Welcomes Members Back To A Modernized Kaimuki Branch](https://thecreditunionconnection.com/hawaii-state-fcu-welcomes-members-back-to-a-modernized-kaimuki-branch/): Upgrades include Interactive Teller Machines and refreshed design Hawaii State Federal Credit Union (Hawaii State FCU) celebrated the grand reopening of its Kaimuki Branch, located at Kaimuki Shopping Center, following a four- month renovation to enhance the member experience and operational efficiency. “This renovation reflects our ongoing commitment to providing members with the tools and spaces they need to manage their finances with confidence, whether that’s through the latest banking technology or personalized, face-to-face service,” said Reid Hinaga, senior vice president and branch division manager, Hawaii State FCU. “The Kaimuki Branch has been an important part of this community for nearly two decades, and these updates ensure […] - [United Federal Credit Union Awarded Best Credit Union in Best of Reno Competition](https://thecreditunionconnection.com/united-federal-credit-union-awarded-best-credit-union-in-best-of-reno-competition/): United Federal Credit Union (United) is proud to announce that it has been awarded First Place for Best Credit Union in the 2025 Best of Reno Competition, a prestigious recognition that celebrates excellence in service, community impact, and member satisfaction across Northern Nevada. The Best of Reno awards, organized annually by the Reno Gazette Journal, highlight outstanding businesses and organizations as voted on by the local community. United’s top placement reflects its unwavering commitment to providing exceptional financial services and building strong relationships with its members. “This recognition is a true privilege and a testament to the incredible work of […] - [UBI Federal Credit Union Partners with Tyfone to Enhance Digital Experience](https://thecreditunionconnection.com/ubi-federal-credit-union-partners-with-tyfone-to-enhance-digital-experience/): Credit union selects nFinia platform to enhance member security and provide advanced functionality Digital banking provider Tyfone today announced that UBI Federal Credit Union (UBI) selected the nFinia® Digital Banking Platform as its digital experience provider. Headquartered in Plainville, Connecticut, with more than 12,000 members, UBI sought a digital banking solution that could deliver enhanced protection against fraud while integrating with existing systems and improving the overall member experience. Jonathan Zulkeski, CIO at UBI, said, “With the growing risk of fraud, protecting our members from account takeovers is a top priority. We carefully evaluated each provider with a strong focus on security, and Tyfone’s […] - [Black Dragon Capital℠ and State Employees Credit Union of Maryland Begin Fintech Collaboration](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-and-state-employees-credit-union-of-maryland-begin-fintech-collaboration/): New Alliance Aims to Create Sustainable Technologies Benefiting Credit Unions and Their Communities Black Dragon Capital℠, has announced a new strategic partnership with State Employees Credit Union of Maryland (“SECU”). Founded over a decade ago by recognized financial technology and credit union leaders, Black Dragon Capital℠ is a multi-phased investment firm focused on disruptive technologies in high-growth industry segments. The firm is led by a collaborative team with a combination of intense operating experience, community impact focus, and a proven ability to transform and grow companies to strengthen economic stability within communities. SECU is Maryland’s largest state-chartered credit union, which offers goals-based financial planning […] - [[24]7.ai's Video Chat Feature Enables Patelco to Lead the Way in Personalized Digital Banking](https://thecreditunionconnection.com/247-ais-video-chat-feature-enables-patelco-to-lead-the-way-in-personalized-digital-banking/): [24]7.ai has partnered with Patelco to revolutionize digital banking experiences with the deployment of its next-generation Video Chat feature. This strategic rollout seamlessly blends convenience with real-time human support and marks a pivotal shift in how banks and credit unions serve their members.   Through this collaboration, Patelco is bringing high-touch service directly into their members’ homes and devices. Whether opening an account, resolving a complex issue, or getting financial advice, Patelco members can now instantly connect with virtual agents face-to-face through a seamless, browser-based video experience—no downloads, no delays, just instant access to personalized support. “This is not just […] - [Apple Federal Credit Union Partners with equipifi to Launch PayAdvantage, First in Virginia](https://thecreditunionconnection.com/apple-federal-credit-union-partners-with-equipifi-to-launch-payadvantage-first-in-virginia/): Virginia credit union invests in greater financial flexibility and an effortless banking experience by offering Buy Now, Pay Later to members for their debit card purchases Apple Federal Credit Union (Apple FCU) announced that it has added a Buy Now, Pay Later (BNPL) type solution to its suite of online banking products. Branded PayAdvantage, the offering reflects the post-purchase finance nature of its installment options. Apple FCU selected equipifi, a leading BNPL platform designed for financial institutions, to power its solution, and is the first credit union in Virginia to make this service available. Now, whenever Apple FCU members make eligible purchases on their […] - [TopLine Financial Credit Union Receives Statewide Recognition for Member Service Initiatives](https://thecreditunionconnection.com/topline-financial-credit-union-receives-statewide-recognition-for-member-service-initiatives/): TopLine receives MnCUN’s Louise Herring Philosophy-in-Action Member Service Award TopLine Financial Credit Union was named winner of the Louise Herring Philosophy-in-Action Member Service Award, sponsored by the Minnesota Credit Union Network (MnCUN). The Louise Herring award recognizes credit unions that demonstrate in an extraordinary way the practical application of the movement’s principles in serving their members. Topline was awarded in the Louise Herring Category for the credit union’s partnership with Rondo Community Land Trust (RCLT), a non-profit in St. Paul, to help make homeownership more affordable for individuals and families earning low-to-moderate incomes, and to preserve affordability for small businesses operated by people of […] - [The MCU Foundation Donates $100,000 to Support The Bowery Mission's Community Service Efforts](https://thecreditunionconnection.com/the-mcu-foundation-donates-100000-to-support-the-bowery-missions-community-service-efforts/): The MCU Foundation, the charitable arm of Municipal Credit Union (MCU), today announced a donation of $100,000 to support The Bowery Mission’s ongoing efforts to provide essential resources such as meals, clothes, housing, career opportunities and more to New Yorkers in need. Rooted in the city it serves, the contribution underscores MCU’s commitment to reinvest in the well-being of New Yorkers by extending vital support to individuals and families under financial strain. “With many of our members and employees living and working across all five boroughs of the city, we’re proud to continue strengthening local partnerships that allow us to give back to […] - [Home Equity Finance Study Reveals Growing Momentum in Originations, RMBS Issuance](https://thecreditunionconnection.com/home-equity-finance-study-reveals-growing-momentum-in-originations-rmbs-issuance/): Full year and fourth quarter activity reviewed Home Equity Lending News (HELN) released the Q4 2024 Home Equity Finance Study, which shows origination growth last year. In addition, banks tightened their HELOC standards, even as RMBS issuers eased their requirements amid a potential doubling of securitization volume. The study highlights how traditional banks’ long-standing dominance in the home-equity lending space has eroded. “Although the HELOC market has historically been bank dominated and relatively insulated from competition, a growing list of non-bank HELOC lenders has clearly changed this paradigm over the last few years,” HELN Director Vikram Gupta said. “Banks must proactively adapt if they intend to […] - [Delta Community Celebrates Grand Opening of Locust Grove Branch](https://thecreditunionconnection.com/delta-community-celebrates-grand-opening-of-locust-grove-branch/): Credit union adds 30th metro Atlanta location, fourth in Henry County Delta Community Credit Union today celebrated the opening of its new full-service branch in Locust Grove, Georgia. Located at 3300 Highway 42 South at the corner of Market Place Boulevard and Highway 42, the branch is the credit union’s 33rd overall, 30th in metro Atlanta and fourth in Henry County. Members of Delta Community’s executive team and branch staff were joined by city and community leaders in a ribbon-cutting ceremony to formally open the 5,000-square-foot facility, which is a newly constructed building that was developed over the last year. “With two existing branches […] - [Now Open! Rogue Credit Union’s Caldwell Branch](https://thecreditunionconnection.com/now-open-rogue-credit-unions-caldwell-branch/): Rogue Credit Union is proud to announce that its new Caldwell Branch is now open! The new branch, located at 5213 Cleveland Blvd, is ready to welcome members with a full range of financial services. “We are so happy to open the doors of this new branch,” said Estrella Pedroza, Branch Manager at the new Caldwell location. “We couldn’t be more excited to serve our friends, neighbors and community.” The Caldwell Branch offers personal and business banking, loan services, drive-up Express Teller Machines and 24/7 ATM access. Friendly, local team members are onsite and available to help members open accounts, […] - [TBA Credit Union and Berkshire Hathaway HomeServices Michigan Real Estate Partner for Community Blood Drive](https://thecreditunionconnection.com/tba-credit-union-and-berkshire-hathaway-homeservices-michigan-real-estate-partner-for-community-blood-drive/): TBA Credit Union (TBACU) and Berkshire Hathaway HomeServices Michigan Real Estate are partnering with Versiti to host a Community Blood Drive. The Versiti Blood Bus will be on site at TBACU Front Street on Wednesday, June 11, 2025. TBA Credit Union & Berkshire Hathaway HomeServices Michigan Real Estate Community Blood Drive June 11, 2025 1 PM – 4 PM 630 E. Front Street This drive is open to the public, and all attempting donors will receive a coupon for a free pint of Culver’s ice cream. If you are interested in donating, please sign up by visiting https://tbacu.info/BloodDrive2025 or calling Versiti at 866.642.5663. - [Glia’s New AI Features Help Contact Centers Benchmark Against Peers and Optimize Balance of Human and AI Interactions](https://thecreditunionconnection.com/glias-new-ai-features-help-contact-centers-benchmark-against-peers-and-optimize-balance-of-human-and-ai-interactions/): Leveraging insights from hundreds of financial institutions and millions of monthly customer interactions, new reporting capabilities enable confident, data-driven AI adoption Glia today announced Cortex AI Benchmarks, a new reporting dashboard that enables Glia customers to measure Customer AI and Agent AI performance metrics—and, importantly, how their performance compares to their peers. This innovation expands reporting capabilities within Glia’s AI customer interactions platform, providing organizations with actionable insights to navigate AI adoption effectively and efficiently. “In today’s AI landscape, contact center leaders don’t need more hype, mystery and flashy demos—they need clarity and confidence about what AI can really do […] - [Mazuma Credit Union Hosts Open Casting Call for ABC’s Shark Tank](https://thecreditunionconnection.com/mazuma-credit-union-hosts-open-casting-call-for-abcs-shark-tank/): Credit Union’s Overland Park Headquarters Welcomes Hundreds of Entrepreneurs Mazuma Credit Union enthusiastically hosted entrepreneurs and small business owners from across the Kansas City metropolitan area and beyond as they attended an open casting call for ABC’s Shark Tank late last week. The Credit Union provided the community room in its spacious, modern Overland Park Headquarters for aspiring contestants to gather and pitch Shark Tank producers in hopes of appearing on the hit TV program.  Hundreds of innovators from across the country lined up as early as 4:00am for their chance to bring national recognition to their products. Welcomed by […] - [How Strategy – or Lack Thereof – Affects Credit Union Loan Portfolios](https://thecreditunionconnection.com/how-strategy-or-lack-thereof-affects-credit-union-loan-portfolios/): Joe Brancucci, EVP of CU Results, CU Strategic Planning Managing a credit union’s balance sheet is complex and employs many different actions. In my discussions with many credit unions recently, I have discovered that a number of these individual actions have in some way either put the balance sheet in unexpected interest rate or credit stress or have undermined a key initiative of the credit union.    Let me tell you what I’m seeing—and what needs to change. Delinquencies Are Climbing—and Balance Sheets Are Feeling It Let’s start with the facts: Loan defaults are on the rise. According to the NCUA, the 60-day-plus […] - [NCUA Charters African Diaspora Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-african-diaspora-federal-credit-union/): The National Credit Union Administration has granted a federal charter and National Credit Union Share Insurance Fund coverage to African Diaspora Federal Credit Union in St. Louis, Missouri. “Credit unions have been the answer to financial inclusion for more than 90 years. It’s appropriate that a community organization dedicated to self-help, self-determination, and promoting financial security would establish a new federal credit union,” NCUA Chairman Kyle S. Hauptman said. “Congratulations to the organizers who took this important step and thank you to the NCUA staff who guided them through the chartering process.” African Diaspora Federal Credit Union will primarily serve […] - [Maine Credit Unions’ Campaign for Ending Hunger Donates $236,033 to Good Shepherd Food Bank](https://thecreditunionconnection.com/maine-credit-unions-campaign-for-ending-hunger-donates-236033-to-good-shepherd-food-bank/): Funding support aims to offset cuts to federal nutrition programs As hunger rates climb and food pantries across Maine face critical shortages, Maine Credit Unions’ Campaign for Ending Hunger has stepped in with a $236,033 donation to Good Shepherd Food Bank—providing vital support amid a sharp rise in need and recent cuts to federal food aid. The emergency donation, presented to the Food Bank on May 15 during the Maine Credit Union League’s Annual Meeting, comes as food insecurity is surging across the state. Food pantries are facing increased demand while also grappling with the loss of hundreds of thousands of pounds of […] - [First Harvest Credit Union Carries Out Healthcare Appreciation Initiative for Southern New Jersey Medical Partners](https://thecreditunionconnection.com/first-harvest-credit-union-carries-out-healthcare-appreciation-initiative-for-southern-new-jersey-medical-partners/): Credit Union Volunteers Distribute over 1,400 Snack Bags to Healthcare Partners as Part of 85th Anniversary Giveback Initiatives First Harvest Credit Union (“First Harvest”) celebrated local healthcare workers during National Nurses Week and National Hospitals Week by delivering over 1,400 snack bags to eight Select Employer Groups (SEGs) and partnering healthcare facilities throughout Southern New Jersey. This initiative is part of the credit union’s broader 85th Anniversary community giveback campaign, designed to support local organizations, essential workers, and families in the communities First Harvest proudly serves. Each snack bag, thoughtfully prepared by First Harvest employees, included a variety of treats and a […] - [Addition Financial Foundation Empowers Future Leaders with $65,000 in Scholarships](https://thecreditunionconnection.com/addition-financial-foundation-empowers-future-leaders-with-65000-in-scholarships/): Eight standout students from across Central Florida are one step closer to achieving their academic dreams, thanks to the Addition Financial Foundation’s $65,000 in scholarship awards announced this month. Named after the former Addition Financial Credit Union President and CEO, the Joseph A. Melbourne Jr. Annual Scholarship Program awards college scholarships to six high school seniors, worth $10,000 each, and two graduate level scholarships, worth $2,500 each. “A significant part of the Foundation’s mission is to support education in a way that’s meaningful and lasting,” said Cristina Lehman, Executive Director of the Addition Financial Foundation. “These students are not only exceptional scholars […] - [FiWyse Unveils Next-Gen Data Lake House for Credit Unions](https://thecreditunionconnection.com/fiwyse-unveils-next-gen-data-lake-house-for-credit-unions/): Sankul Seth, Managing Director of FiWyse, proudly announces the launch of FiWyse’s Next Gen Data Lake House, a revolutionary data platform designed to cater to credit unions of all sizes. This nimble, easy-to-use, and intelligent platform promises to transform data management for credit unions, offering unparalleled flexibility and customization. The FiWyse Data Lake House is compatible with both on-premises and cloud architectures, ensuring seamless integration regardless of the existing infrastructure. Recognizing that one framework cannot meet the diverse and evolving demands of all credit unions, FiWyse has incorporated extensive customization options into the platform. The framework supports a wide range of […] - [Day Air Credit Union and Centerville High School Deliver Real-World Financial Learning Experience](https://thecreditunionconnection.com/day-air-credit-union-and-centerville-high-school-deliver-real-world-financial-learning-experience/): On Tuesday, May 6, 2025, Day Air Credit Union partnered once again with Centerville High School to host Mad City Money Financial Reality Day, a hands-on, interactive simulation designed to equip students with real-world money management skills. The event provided financial literacy and entrepreneurship students an engaging opportunity to learn how to budget and make informed financial decisions through practical application. As part of the experience, students were assigned careers and family scenarios in advance. On the day of the event, they navigated various stations to allocate their “monthly incomes” across categories like housing, food, childcare, personal care, and entertainment, […] - [Three Credit Unions Announce New Hires; Corporate Central Announces Board of Directors](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-corporate-central-announces-board-of-directors/): Three credit unions, including LAFCU and Robins Financial Credit Union announced new additions to their teams, and Corporate Central Credit Union announced its Board of Directors at its 44th Annual Meeting. New Hires: Promotions: Appointments: - [Clearwater Credit Union Launches Alkami's Digital Banking Platform Activating Its Member Connection Strategy](https://thecreditunionconnection.com/clearwater-credit-union-launches-alkamis-digital-banking-platform-activating-its-member-connection-strategy/): Enhancing its digital experience strategy, Clearwater Credit Union deepens member connections with timely insights and intuitive member marketing engagements Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced that Montana-based Clearwater Credit Union (Clearwater) is leveraging the innovation and user experience within Alkami’s Digital Banking Platform. This partnership reflects Clearwater’s commitment to delivering member-centered interactions and data-driven personalization. Clearwater now delivers a more intuitive and unified digital banking experience across devices—all through a single, scalable digital experience platform. By incorporating Alkami’s Data & Marketing Solutions, the credit union also gains powerful tools to create personalized marketing engagements, help their members strengthen their financial wellness, […] - [Kirsten Tahara, First Grade Teacher at Ethel I. Baker Elementary School in Sacramento, Named 2024/2025 Esquire IMAX Teacher of the Year](https://thecreditunionconnection.com/kirsten-tahara-first-grade-teacher-at-ethel-i-baker-elementary-school-in-sacramento-named-2024-2025-esquire-imax-teacher-of-the-year/): SchoolsFirst Federal Credit Union in partnership with ABC10 Sacramento, Esquire IMAX Theatre, Papa Murphy’s Pizza and the Sacramento State College of Education, today announced that Kirsten Tahara of Ethel I. Baker Elementary School in the Sacramento City Unified School District has been named the 2024/2025 Esquire IMAX Teacher of the Year. The prestigious award was presented during a ceremony at the Esquire IMAX Theatre in downtown Sacramento on May 13. Kirsten Tahara was selected from a pool of 12 monthly award recipients. She has been teaching within the Sacramento City Unified School District for 29 years. Before her teaching career, Tahara […] - [Abri Credit Union Selects John O'Brien as Vice President of Finance](https://thecreditunionconnection.com/abri-credit-union-selects-john-obrien-as-vice-president-of-finance/): Abri Credit Union is pleased to announce the appointment of John O’Brien as its new Vice President of Finance. In this role, O’Brien will lead the credit union’s financial strategy, reporting, and long-term planning with a focus on innovation, sustainability, and operational excellence. With deep experience in strategic financial leadership, he brings a strong track record in asset liability management, performance analysis, and investment oversight. O’Brien’s leadership will help drive Abri’s mission to “Help Our Members Succeed Financially,” ensuring continued strength and impact for members and communities across the Chicagoland area. “John brings a forward-thinking approach to financial leadership that […] - [Aspen Federal Credit Union Selects Mahalo Banking to Elevate the Digital Member Experience](https://thecreditunionconnection.com/aspen-federal-credit-union-selects-mahalo-banking-to-elevate-the-digital-member-experience/): New partnership supports mobile-first innovation, member empowerment, and long-term digital growth Mahalo Banking today announced that Aspen Federal Credit Union (Aspen FCU) has selected its Thoughtful Banking® platform. The partnership underscores Aspen FCU’s commitment to delivering a modern and member-focused digital experience. The credit union chose Mahalo’s platform for its emphasis on member usability and scalable platform architecture. Aspen FCU also emphasized Mahalo’s credit union-specific development model as a differentiator, allowing for customization, alignment with operational workflows, and ongoing adaptability. “Member needs continue to shift toward more mobile access and intuitive interactions, and we recognized that our digital presence needed […] - [Bankjoy Unveils JoyCompass: A Breakthrough Financial Wellness Platform That Drives Growth for Community Financial Institutions](https://thecreditunionconnection.com/bankjoy-unveils-joycompass-a-breakthrough-financial-wellness-platform-that-drives-growth-for-community-financial-institutions/): Bankjoy today unveiled JoyCompass, a next-generation personal finance platform that helps community financial institutions (CFIs) drive growth through client engagement. The announcement was made at the Corelation Customer Conference in San Diego, where Bankjoy is showcasing its groundbreaking platform to industry leaders. JoyCompass represents a fundamental shift in personal financial empowerment. The platform is seamlessly embedded into users’ digital banking experience, helping credit unions and community banks fulfill their mission of supporting members’ financial wellness while providing these institutions with valuable data to increase client engagement and total relationship value. “JoyCompass enables growth by delivering on the original mission that made […] - [Nook Achieves Gold Tier Status as a HubSpot Solutions Partner ](https://thecreditunionconnection.com/nook-achieves-gold-tier-status-as-a-hubspot-solutions-partner/): Firm Reaches Milestone Six Months After Joining HubSpot’s Solutions Partner Program Nook has achieved Gold Tier status in the HubSpot Solutions Partner Program. This milestone underscores Nook’s growing impact in regulated industries, where organizations are increasingly seeking automation tools to scale smarter and engage more meaningfully.  “In a short period of time, Nook has differentiated themselves from many other agencies—not just because of their technical expertise, but because of how deeply they understand the unique challenges of niche, regulated industries like credit unions,” said Darren Shelton, HubSpot Partner Development Manager. “Nook’s rapid rise in our partner program reflects the marketing results our […] - [GTE Financial Launches Cash Academy to Empower Youth with Financial Literacy](https://thecreditunionconnection.com/gte-financial-launches-cash-academy-to-empower-youth-with-financial-literacy/): GTE Financial is proud to announce the launch of Cash Academy, its new and improved financial education initiative designed to equip teens and young adults with the skills they need to build a strong financial future. This interactive, on-demand program is part of the credit union’s ongoing commitment to support financial literacy in the Tampa Bay community.  Cash Academy guides parents and young adults through key financial concepts such as budgeting, understanding credit and debit, goal setting, and making smart saving and spending decisions. The program is easily accessible online and allows students to learn at their own pace in […] - [DCUC Welcomes Assemblies of God Credit Union (AGCU) to Membership](https://thecreditunionconnection.com/dcuc-welcomes-assemblies-of-god-credit-union-agcu-to-membership/): The Defense Credit Union Council (DCUC) is excited to welcome Assemblies of God Credit Union (AGCU) as its newest affiliate member. AGCU proudly serves the Assemblies of God community nationwide and missionaries in 190 countries with integrity and faith-based financial services. As a leading credit union headquartered in Springfield, MO, AGCU is dedicated to providing its members with personalized banking solutions that meet their unique needs across the country. “We are proud to welcome Assemblies of God Credit Union into DCUC’s expanding network of mission-driven defense credit unions,” said Anthony Hernandez, DCUC President/CEO. “We look forward to championing AGCU’s efforts when […] - [Apiture Innovator Award Winners Announced at Apiture Accelerate 2025 Conference](https://thecreditunionconnection.com/apiture-innovator-award-winners-announced-at-apiture-accelerate-2025-conference/): Awards recognize Alabama Credit Union, North American Banking Company, and Quail Creek Bank for their innovative use of the Apiture Digital Banking Platform Apiture today announced the 2025 “Apiture Innovators” at its annual client conference, Apiture Accelerate, which took place this week in New Orleans. The event brought together industry leaders and experts from banks and credit unions from across the country. Now in its third year, the annual awards program recognizes financial institutions demonstrating new and innovative uses of the Apiture Digital Banking Platform. This year’s winners include: “We are proud to celebrate this year’s Innovator Award winners for their unique […] - [The Velera Payments Index: May 2025](https://thecreditunionconnection.com/the-velera-payments-index-may-2025/): Today, Velera published the May edition of the Velera Payments Index, which includes a deep dive into digital payments: Even as consumer sentiment and confidence continued to erode, consumer purchasing behavior remained positive in April, with increased growth in debit activity and ongoing consistent growth in credit activity. Consumer goods led the charge, perhaps signaling early purchasing ahead of expected tariff impacts. On May 11, negotiations with China resulted in a temporary pause on tariffs, reducing the effective rate of Chinese imports to 30% for the next 90 days. In our May 2025 edition of the Velera Payments Index, we revisit the consumer card […] - [Navy Federal Unveils Member Savings Milestones, Highlighting Value of Membership and Commitment to Members’ Financial Wellbeing](https://thecreditunionconnection.com/navy-federal-unveils-member-savings-milestones-highlighting-value-of-membership-and-commitment-to-members-financial-wellbeing/): Navy Federal Credit Union’s recently released 2024 Member Giveback Study highlights value of membership by banking with the not-for-profit, member owned credit union. Members earned and saved a total of $4.32 billion in 2024 by banking with the credit union. With earnings and savings of $461 per year, members could earn and save $332 on better interest rates, as well as $129 in lower fees and discounts. The Member Giveback Study considers internal market analyses comparing Navy Federal products with industry national averages, discounts, incentives and other savings. Beyond yearly earnings and savings, the credit union offers market-leading certificates and an average […] - [Desert Financial Foundation Awards $198,000 In Scholarships To Arizona Students](https://thecreditunionconnection.com/desert-financial-foundation-awards-198000-in-scholarships-to-arizona-students/): Sixty-two students receive college scholarships for community service, perseverance and a passion for helping others Desert Financial Foundation awarded 62 Arizona students with college scholarships totaling $198,000 today. The students, who were celebrated at Chateau Luxe in Phoenix, were selected for their commitment to volunteerism, determination to continue their education, and dedication to building better futures. The scholarship program includes Community Service Scholarships for high school seniors who volunteer in their communities, Adult Learners Scholarships for adults ages 25 or older who are pursuing certificates or degrees and Passion to Help Scholarships for dependents of Desert Financial team members who give back to […] - [Local Scholars Receive Over $10,000 in Scholarships](https://thecreditunionconnection.com/local-scholars-receive-over-10000-in-scholarships/): As students across the state prepare to step into the next chapter of their academic journeys, Maple Federal Credit Union proudly announces its 2025 scholarship recipients, honoring excellence, resilience, and a commitment to community. At the top of this year’s award list is Shelton Lee Edwards, recipient of Maple’s prestigious Outstanding Scholar Award and a $5,000 scholarship. Shelton, an Accounting and Finance student at the University of Louisiana Lafayette, was selected not only for his academic promise but for the extraordinary courage and depth reflected in his scholarship essay. “His strength in the face of tragedy is nothing short of inspiring,” said Nanci Wilson, […] - [Alliant Credit Union Foundation and PCs for People Celebrate Record-Breaking Spring Donation Drive](https://thecreditunionconnection.com/alliant-credit-union-foundation-and-pcs-for-people-celebrate-record-breaking-spring-donation-drive/): Local technology donations will drive digital opportunity in underserved communities in Chicagoland With the aim of creating more digital opportunities across Chicagoland, Alliant Credit Union is proud to announce the success of its latest partnership with PCs for People for the groups’ annual Technology Donation Drive. Community donations for the event totaled 10,137 pounds of technology equipment to enhance access to digital resources for those in need. Donated devices, including laptops, desktops, monitors, and accessories, will be refurbished by PCs for People and distributed to individuals and families across the country who lack access to technology. Through this initiative, Alliant […] - [Denver Post Names Climb Credit Union a Winner of the State of Colorado Top Workplaces 2025 Award—for the Second Year in a Row](https://thecreditunionconnection.com/denver-post-names-climb-credit-union-a-winner-of-the-state-of-colorado-top-workplaces-2025-award-for-the-second-year-in-a-row/): Climb Credit Union has been named a 2025 Top Workplace in Colorado by The Denver Post, marking the second consecutive year the organization has received this prestigious honor. The award is based entirely on employee feedback collected through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential survey uniquely measures aspects of workplace culture that are critical to the success of any organization, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said […] - [First Capital FCU Awards $6,000 in Dennis Flickinger Honorable Scholarships to Members!](https://thecreditunionconnection.com/first-capital-fcu-awards-6000-in-dennis-flickinger-honorable-scholarships-to-members/): First Capital Federal Credit Union is proud to announce Olivia Leiphart, Kyla Myers, Om Jethwa, and Madison Redding are the winners of the 2025 Dennis Flickinger Honorable Scholarships.  “We are delighted to award this scholarship to four outstanding students,” said Sue DeStephano, President and CEO. “We look forward to seeing all they accomplish in college and throughout their lives. We have no doubt they’ll make a meaningful impact.” The First Capital scholarship program was renamed the Dennis Flickinger Honorable Scholarship Program in 2016 to honor our former CEO, Dennis Flickinger, who retired in 2015. Dennis advocated for financial education in schools […] - [Valley First Credit Union Announces Wes Hall Memorial Fund to Honor a Founding Leader’s Legacy](https://thecreditunionconnection.com/valley-first-credit-union-announces-wes-hall-memorial-fund-to-honor-a-founding-leaders-legacy/): Valley First Credit Union proudly announces the establishment of the Wes Hall Memorial Fund, a new annual grant program honoring the remarkable life and legacy of Wes Hall, a visionary founding member and longtime Valley First Board Chair who played a pivotal role in shaping the credit union’s history and growth.  Wes Hall joined Valley First as one of its first 33 members in December 1949 and went on to serve as Board Chair for 34 years, guiding the organization from just $33,000 in assets to over $1 billion today. His leadership was instrumental in expanding services, merging Stanislaus County Federal Credit […] - [Osaic Adds Five Former Atria-Affiliated Credit Unions to Expanding Institutions Channel](https://thecreditunionconnection.com/osaic-adds-five-former-atria-affiliated-credit-unions-to-expanding-institutions-channel/): Community Financial Institutions with nearly $500 million in combined assets move from CUSO Financial Services as Osaic accelerates institutional growth Osaic, Inc. (“Osaic”) today announced further expansion of its Osaic Institutions channel through the addition of five new credit union-affiliated wealth management programs. Previously aligned with CUSO Financial Services, part of Atria Wealth Solutions, these institutions bring nearly $500 million in combined client assets. Each credit union will remain member-operated under their existing brand. “We’ve crafted something special at Osaic to support credit unions and banks in efforts to deliver exceptional wealth management services,” said Greg Cornick, executive vice president of Advice and […] - [NuMark Credit Union Congratulates Michelle Balog on Recent Promotion](https://thecreditunionconnection.com/numark-credit-union-congratulates-michelle-balog-on-recent-promotion/): Former Executive Vice President of Chicagoland credit union takes over as President & CEO NuMark Credit Union (NuMark) is excited to announce that as of April 1, Michelle Balog has taken over as the new President and CEO. Balog took over the position following the many years of leadership under Lloyd Fredendall. Balog first got involved in the financial industry assisting in the regulatory compliance program at a community bank while in law school. While working there she not only was involved in legal and compliance but also had the opportunity to learn about the operational and sales aspects of […] - [Genisys Credit Union and the Oxford Chamber of Commerce Announce Recipients for their Oxford High School Community Pride Scholarship](https://thecreditunionconnection.com/genisys-credit-union-and-the-oxford-chamber-of-commerce-announce-recipients-for-their-oxford-high-school-community-pride-scholarship/): Genisys Credit Union partnered with the Oxford Chamber of Commerce to present the Community Pride Scholarship to graduating seniors from Oxford High School’s Class of 2025. During the Senior Awards Ceremony on May 13, four students, Abu Touray, Rebecca Secord, Coltrane Hudson, and Austin Hurley, were each awarded a $1,000 scholarship. To apply, students were asked to reflect on the prompt: “What does the Oxford community mean to you?” The chosen recipients stood out for their strong commitment to community involvement and personal passions. Abu Touray is dedicated to building a future in construction management and will continue his education […] - [Credit Union Charter Enhancement Bill Heads to Governor DeSantis Following Legislative Approval](https://thecreditunionconnection.com/credit-union-charter-enhancement-bill-heads-to-governor-desantis-following-legislative-approval/): The League is pleased to share that House Bill 1549 – Financial Institutions – has officially passed the Florida Legislature and now awaits action by Governor Ron DeSantis. Supported by The League and shaped by valuable input from credit unions across Florida, this legislation reflects a collaborative effort with the Florida Office of Financial Regulation (OFR) to modernize and strengthen the state charter which was one of many legislative priorities in this session and reflects our multiyear process to regularly update the charters in our region. HB 1549 includes key provisions that: “We are glad to see enhancements to our state charter […] - [Why expanding access to cash is critical – and how to effectively do so](https://thecreditunionconnection.com/why-expanding-access-to-cash-is-critical-and-how-to-effectively-do-so/): Stuart Mackinnon, COO, NCR Atleos Last month was National Financial Capabilities Awareness Month, which is intended to raise awareness of the need to ensure consumers have access to necessary financial services. Cash is a critical and increasingly overlooked component of this mission; it’s a reliable and universally accepted form of payment. Despite misconceptions that cash is on the decline, credit unions can and should continue investing in ways to enable and optimize cash access.  The many benefits of cash  Despite an uptick in digital usage, cash remains a steady and valuable way for members to pay and get paid. It has […] - [Consumers Credit Union Celebrates Ribbon Cutting at Lake Lansing Office](https://thecreditunionconnection.com/consumers-credit-union-celebrates-ribbon-cutting-at-lake-lansing-office/): Consumers Credit Union celebrated the ribbon cutting of its Lake Lansing location (2305 Lake Lansing Road) on Friday, May 9 marking another milestone in Consumers’ expansion within the Lansing market. The event was attended by select community members and representatives from the Lansing Regional Chamber of Commerce with food and beverages provided by partners LG Charcuterie and Peculiar Coffee Co. “We are thrilled to officially celebrate the opening of our Lake Lansing office with the ribbon cutting ceremony,” said Lake Lansing Office Manager Austin Hawkins. “This office represents our commitment to providing exceptional service and innovative solutions to our members.” […] - [First Alliance Credit Union Launches Round Up Savings Program To Make Savings Easy And Automatic](https://thecreditunionconnection.com/first-alliance-credit-union-launches-round-up-savings-program-to-make-savings-easy-and-automatic/): First Alliance Credit Union is excited to announce the launch of its new Round Up Savings program. This innovative service is designed to help credit union members build their savings effortlessly, one debit card swipe at a time. With this program, every purchase made with a First Alliance debit card is rounded up to the nearest whole dollar amount, and the difference is automatically transferred from the member’s checking account in to their savings or money market account. Kristina Kovacevic, AVP of Retail Experience at First Alliance Credit Union, shared her excitement about the program: “Saving money doesn’t have to […] - ['Rally the Movement' Campaign Expands to Support Credit Union Development in Guatemala and Kenya](https://thecreditunionconnection.com/rally-the-movement-campaign-expands-to-support-credit-union-development-in-guatemala-and-kenya/): Including previously announced support for Ukraine, new multi-country strategy launches with $650,000 investment in 2025 The World Council of Credit Unions (WOCCU) and Worldwide Foundation for Credit Unions (WFCU) are marking the next major milestone in the Rally the Movement campaign by launching a phased strategy to sustain vital credit union development efforts in Guatemala and Kenya, building on their earlier commitment to support Ukraine’s credit union system amid the termination of USAID awards that funded WOCCU international development projects. WOCCU and WFCU in 2025 plan to collectively deploy approximately $650,000 to implement phase one of the strategy, supporting targeted programs in those […] - [DCUC Successfully Concludes 2025 Overseas Sub-Council Conference](https://thecreditunionconnection.com/dcuc-successfully-concludes-2025-overseas-sub-council-conference/): The Defense Credit Union Council (DCUC), together with its member credit unions serving U.S. military communities overseas, recently gathered in Copenhagen, Denmark, for this year’s DCUC Overseas Sub-Council Conference, co-hosted by Global Credit Union. “Our Overseas Sub-Council Conference in Copenhagen was a powerful reminder of the vital role defense credit unions play in supporting our service members and their families around the globe,” said Anthony Hernandez, DCUC President/CEO. “I want to extend our deepest gratitude to Global Credit Union for co-hosting this event, and to our sponsors whose generosity and partnership made this gathering possible. Their support enabled our Overseas Sub-council […] - [ACU & DCUC Applaud Ways and Means for Preserving Credit Union Tax Exemption in Federal Budget](https://thecreditunionconnection.com/dcuc-applauds-ways-and-means-for-preserving-credit-union-tax-exemption-in-reconciliation-markup/): America’s Credit Unions (ACU) and the Defense Credit Union Council (DCUC) commended the House Ways and Means Committee for its markup of the tax reconciliation bill, which preserves the federal income credit union tax exemption. The legislation now moves to the House Budget Committee to be combined into the full reconciliation package for floor consideration. “Thank you to Chairman Jason Smith and the House Ways and Means Committee for recognizing the immense value credit unions have on communities and securing the credit union tax status,” ACU President/CEO Jim Nussle said. This is a major victory for 142 million hardworking American […] - [Informatica Unveils Agentic AI Offerings on Its AI-Powered Cloud Data Management Platform](https://thecreditunionconnection.com/informatica-unveils-agentic-ai-offerings-on-its-ai-powered-cloud-data-management-platform/): Launch Includes: Informatica (NYSE: INFA) today announced its comprehensive strategy for Agentic AI, building on the company’s position as the industry’s first AI-powered cloud data management platform. Informatica’s strategic approach to Agentic AI expands on the company’s AI innovation history, which includes the launch of CLAIRE® GPT, CLAIRE® Copilot and GenAI blueprints for major cloud ecosystem partners. As the resilient backbone of enterprise data and AI strategies, Informatica provides the critical metadata system of intelligence that enhances decision-making and AI outcomes through a comprehensive catalog of an organization’s data assets. “As the world of AI agents proliferates, the winners will be […] - [Navy Federal Credit Union Expands PCS Initiative for Servicemembers and Military Families Changing Duty Stations](https://thecreditunionconnection.com/navy-federal-credit-union-expands-pcs-initiative-for-servicemembers-and-military-families-changing-duty-stations/): Navy Federal Credit Union launched its enhanced Permanent Change of Station (PCS) Initiative—created to assist Active Duty Servicemembers and their families with navigating the complexities of PCS moves and preparing financially for a PCS with peace of mind. Relocation is a regular part of military life, and while it can mean a shift in routine, it also brings the need to assimilate into a new community. The credit union expanded its PCS offerings—consolidating them into a central resource hub that’s designed to equip Active Duty military and their families with knowledge and support during each stage of their transition to a new community. […] - [SchoolsFirst Federal Credit Union Celebrates School Employee Appreciation Night at May 9 Angels Game](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-celebrates-school-employee-appreciation-night-at-may-9-angels-game/): In honor of School Employee Appreciation Month in May, SchoolsFirst FCU recognized school employees at Angels vs. Baltimore Orioles game on May 9 SchoolsFirst Federal Credit Union sponsored a special night to honor school employees in recognition of School Employee Appreciation Month at the Angels game on May 9, 2025. School employees who attended the game received discounted tickets, an Angels promotional giveaway, gift from SchoolsFirst FCU and were offered the opportunity to attend along with their family members and friends. “Each year, during School Employee Appreciation Month, we recognize and celebrate school employees at an Angels game for all they do […] - [Fitch Upgrades PenFed Auto Loan Securitizations Due to Strong Performance](https://thecreditunionconnection.com/fitch-upgrades-penfed-auto-loan-securitizations-due-to-strong-performance/): Fitch Global Ratings upgraded ratings on one class and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2022-A. PenFed Credit Union received notable upgrades from Fitch on the ratings of the bonds issued through its inaugural prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2022-A (PNFED 2022-A) due to strong performance. The affirmations and upgrade of the outstanding notes reflect available credit enhancement (CE) and loss performance to date. Overall, cumulative net losses (CNL) are tracking inside the initial rating case proxy, and hard CE levels have grown for all classes since close. The Stable […] - [Pelican State Credit Union Leans on LaCorp for SimpliCD ](https://thecreditunionconnection.com/pelican-state-credit-union-leans-on-lacorp-for-simplicd-2/): Long-term relationship streamlines funding, lightens operational load  When Pelican State Credit Union needs liquidity support without complicating operations, it turns to Louisiana Corporate Credit Union (LaCorp) and its SimpliCD issuance offering. Pelican State Controller Kaya Tomlinson says the long-standing partnership plays an important role. “We have a long-term relationship, more than two decades,” Tomlinson said. “We like keeping money local and maintaining that local relationship.” Specifically, she explained that Pelican State, a Community Development Financial Institution-certified credit union, keeps its grant funding at LaCorp because they make it easy to keep their grant funds separate from their operating accounts.   […] - [Over $5 Million Saved: VyStar Savings Challenge Empowers Thousands to Take Control of Their Financial Future](https://thecreditunionconnection.com/over-5-million-saved-vystar-savings-challenge-empowers-thousands-to-take-control-of-their-financial-future-2/): Individuals and families across Jacksonville, Orlando, and Atlanta prove what’s possible with the right tools, support and motivation. What could you do with more savings and less financial stress?  For more than 31,000 participants – both VyStar members and community members across Florida and Georgia – that question just got easier to answer. VyStar Credit Union is proud to celebrate the success of its inaugural “VyStar Savings Challenge”, which empowered people to build better financial habits and take real steps toward a stronger future. Designed to tackle rising consumer debt and strengthen savings habits, the challenge came at a crucial […] - [MDT Named a Best Place to Work in Financial Technology for Sixth Consecutive Year](https://thecreditunionconnection.com/mdt-named-a-best-place-to-work-in-financial-technology-for-sixth-consecutive-year/): CUSO recognized for cultivating a supportive, inclusive work environment that empowers employees MDT, a CUSO that helps credit unions navigate complex financial technology ecosystems, today announced that it has been named one of the Best Places to Work in Financial Technology by Arizent and Best Companies Group for the sixth year in a row. This annual survey and awards program is designed to identify, recognize and honor the best employers in the financial technology industry. MDT stood out because of its collaborative culture, dedication to employee development and commitment to ongoing innovation. “The Best Places to Work in Fintech ranking is […] - [The Roof Resource Partners with Further, a Union Credit company, to Bring Credit Union Financing at Point of Sale](https://thecreditunionconnection.com/the-roof-resource-partners-with-further-a-union-credit-company-to-bring-credit-union-financing-at-point-of-sale/): Partnership brings affordable, locally-backed lending to homeowners tackling major roofing projects Further, a Union Credit company and a financial resource network that connects borrowers with local credit unions during the merchant experience, today announced a partnership with The Roof Resource. The collaboration brings locally-backed financing options directly to The Roof Resource’s customers at the point of sale. The Roof Resource, founded in 2020, is a national franchise-based roofing company offering homeowners a simpler, more transparent way to take control of their roofing projects. Its fully virtual, contractor-free model streamlines the process from quote to installation, making high-quality roofing more affordable and accessible in […] - [‘We GIVE’ Activated to Support Stamp Out Hunger Food Drive](https://thecreditunionconnection.com/we-give-activated-to-support-stamp-out-hunger-food-drive/): CA Credit Union League & Eagle Community CU Fight Food Insecurity Demonstrating commitment to the communities where their staff and member credit unions live and work, the California Credit Union League activated its We GIVE initiative and joined Eagle Community Credit Union on May 10 to support the Stamp Out Hunger Food Drive. Volunteers worked side by side on Saturday to make an impact, laboring together to sort food items as a team. Eight pallets of food donations were organized at the Brea, CA Post Office that will restock local food banks, providing essential support to families in need. “We are honored […] - [Gesa Credit Union's Brandon Allison: Making a Local Impact Through Everyday Banking](https://thecreditunionconnection.com/gesa-credit-unions-brandon-allison-making-a-local-impact-through-everyday-banking/): In an era where the connection between financial institutions and the communities they serve can feel distant, Gesa Credit Union stands out with a deeply rooted commitment to local impact through everyday banking. At the forefront of these efforts is Brandon Allison, Assistant Vice President of Community Impact, who has dedicated 16 years to building programs that empower members to make a difference.   Gesa Credit Union, a community-focused institution since 1953 with 33 branches across the Northwest, operates with a simple yet powerful mission: to make a positive impact in the communities it serves. One of the primary ways […] - [Teachers FCU Enhances Member Experiences with Corridor Platforms' End-to-End Decisioning Solution](https://thecreditunionconnection.com/teachers-fcu-enhances-member-experiences-with-corridor-platforms-end-to-end-decisioning-solution/): With three times higher automated decisioning, TFCU accelerates loan approvals, enhances member experience, and improves applicant quality with Corridor Platforms’ technology Teachers Federal Credit Union (Teachers FCU) is setting the standard for digital transformation in the credit union industry with the adoption of Corridor Platforms‘ RiskDecisioning.ai solution. By leveraging this smart decisioning technology, Teachers FCU has boosted its loan approval rates by up to 50%, improved real-time decision automation by over 300%, and created a seamless, enhanced member experience.  As fintechs and Tier 1 banks continue to disrupt the industry, credit unions must overcome traditional limitations to stay relevant. Teachers FCU has implemented RiskDecisioning.ai […] - [What the Sturniolo Triplets Taught Me About Credit Union Growth](https://thecreditunionconnection.com/what-the-sturniolo-triplets-taught-me-about-credit-union-growth/): Brett Wooden, FI Software Strategist, Buildable On April 29th, I found myself surrounded by thousands of screaming teenage girls at the sold-out Pasadena Civic Center, attending the Sturniolo Triplets’ Surprise Party Tour with my 15-year-old daughter. I wasn’t their typical fan, but by the end of the night, I wasn’t just impressed by the energy and engagement; I was inspired. For those unfamiliar, the Sturniolo Triplets (Nick, Matt, and Chris) are social media sensations with over 7 million YouTube subscribers and a devoted following of Gen Z teens. Their content blends humor, relatability, and authenticity, qualities that have built deep loyalty […] - [Anaconda Unveils the First Unified AI Platform for Open Source](https://thecreditunionconnection.com/anaconda-unveils-the-first-unified-ai-platform-for-open-source/): A Total Economic Impact Study Reveals Organizations Building AI with Anaconda Experience 80% Improvement in Operational Efficiency and 60% Reduced Risk of Security Breaches from Addressable Attacks Anaconda Inc. today announced the release of the Anaconda AI Platform, the only unified AI platform for open source that centralizes everything you need to source, secure, build, and deploy AI in an open source ecosystem. Recently recognized as an Enterprise Leader in G2’s Spring 2025 Report for Data Science and Machine Learning, the Anaconda AI Platform provides proven security and governance when leveraging open source for AI development, empowering enterprises to build reliable, innovative […] - [Cybersecurity is the New Trust Currency for Credit Unions, According to Aura Research](https://thecreditunionconnection.com/cybersecurity-is-the-new-trust-currency-for-credit-unions-according-to-aura-research/): Evolving threats and identity theft fears are fueling demand for in-house protection—giving credit unions a chance to build trust and support financial wellbeing by empowering members as data defenders As cyber threats grow more frequent and sophisticated, trust in financial institutions is being tested, especially among credit union members. Aura today announced new research uncovering shifting member expectations around cybersecurity. It reveals a clear opportunity for credit unions to offer identity and digital protection services that deepen trust and engagement, and fulfill credit members’ increasing interest in becoming data defenders against scams and fraud. In 2025, the National Credit Union Administration […] - [Announcing Citadel Credit Union as an Official SBA Lender to Empower Small Businesses in Greater Philadelphia](https://thecreditunionconnection.com/announcing-citadel-credit-union-as-an-official-sba-lender-to-empower-small-businesses-in-greater-philadelphia/): Citadel Credit Union proudly announces its authorization as an official Small Business Administration (SBA) lender, a significant milestone that positions the credit union as a vital partner for small businesses in the Philadelphia region. This achievement comes on the heels of Citadel’s recent enhancement of its Commercial Banking team, further strengthening the credit union’s ability to provide small business owners with a comprehensive suite of financial solutions tailored to their needs. As one of the first credit unions in Philadelphia to achieve this status, Citadel is committed to providing local entrepreneurs with the tools they need to grow, create jobs, and drive economic activity. With […] - [Local Students Learn about Life After High School at Reality Fair ](https://thecreditunionconnection.com/local-students-learn-about-life-after-high-school-at-reality-fair/): UMassFive College Federal Credit Union (UMassFive), Greenfield Community College (GCC), and MassHire Franklin Hampshire Workforce Board (MFHWB) recently partnered to hold a Reality Fair for over 70 students from Pioneer, Mohawk, and Athol High Schools. Reality Fair is an immersive budgeting exercise for high school students, allowing them to envision their life at age 25. During the event, students chose a career they are interested in and were assigned a salary connected with that field, including their “take-home” pay after taxes. Using that figure, students visited booths where volunteers offered life choices on various expenses including housing, insurance, transportation, food, […] - [First Commerce Credit Union Awards $1,000 MyWay Scholarships to Exemplary Students in Florida and Georgia](https://thecreditunionconnection.com/first-commerce-credit-union-awards-1000-myway-scholarships-to-exemplary-students-in-florida-and-georgia/): The 2025 MyWay Recipients Exemplify Excellence in the Classroom and the Community First Commerce Credit Union recently announced the recipients of its 2025 MyWay Scholarship, recognizing the achievements of exemplary students from North Florida and South Georgia. As the largest locally based credit union in Tallahassee, First Commerce has helped ensure bright financial futures by awarding more than $30,000 in MyWay Scholarships over more than a decade.  “This year’s MyWay Scholarship recipients epitomize the dedication and talent of the next generation of leaders,” said First Commerce CEO Cecilia Homison. “As a local credit union committed to empowering generations, First Commerce […] - [Velera Adds Real-Time Account Validation Functionality to Digital Channels](https://thecreditunionconnection.com/velera-adds-real-time-account-validation-functionality-to-digital-channels/): Velera announced today it has added an account validation function to its suite of online, digital and mobile channels, enabling Velera credit unions to process payments across the ACH network in real time. The tool, which meets all Nacha Operating and WEB Debit rules, will allow Velera credit unions to verify account status and ownership to ensure they are ACH capable. This will enable credit unions to immediately confirm account status and ownership by eliminating the traditional five-day wait period when a new account is added or updated, significantly reducing the time between account setup and transaction initiation to provide […] - [HC3 Reports Strong Growth Momentum Through First Half of 2025](https://thecreditunionconnection.com/hc3-reports-strong-growth-momentum-through-first-half-of-2025/): HC3 continues to see strong growth through the first half of 2025. Trusted by more than 700 financial institutions, the company continues to partner with banks and credit unions across the nation to help streamline operations and improve customer and member service. Building on its record-breaking 2024 performance with profitability growth of more than 42%, HC3 recently secured its largest bank client in the company’s history. “We’re seeing tremendous momentum as more financial institutions recognize the value of partnering with HC3 to transform their statement processing operations,” said Griffin McGahey, President at HC3. “Our approach goes beyond simple outsourcing – […] - [Cardinal Credit Union Opens New Branch in Canfield; Ribbon Cutting and Grand Opening Scheduled for July 10](https://thecreditunionconnection.com/cardinal-credit-union-opens-new-branch-in-canfield-ribbon-cutting-and-grand-opening-scheduled-for-july-10/): Cardinal Credit Union announced today the opening of its Canfield branch, located at the intersection of Route 224 and South Raccoon Road, at 6458 South Raccoon Road. The new facility offers expanded space and new services such as Interactive Teller Machines (ITM), along with standard banking amenities for credit union members. The Canfield branch, a short drive from its former Austintown location that served this northeastern Ohio area, is fully operational and ready for banking transactions immediately. Members will be welcomed with an open house at 11 a.m. on July 10, featuring coffee, donuts, games, and free giveaways. An 11:30 a.m. ribbon-cutting ceremony with local dignitaries and government officials also is planned and […] - [Baseball Legend Tony La Russa Partners with The PenFed Foundation for Military Heroes to Celebrate St. Louis Cardinals' Historic Championships](https://thecreditunionconnection.com/baseball-legend-tony-la-russa-partners-with-the-penfed-foundation-for-military-heroes-to-celebrate-st-louis-cardinals-historic-championships/): July 16 celebration in St. Louis honors iconic baseball players and veterans Wednesday, July 16, 2025 @ 6:45 PM Stifel Theatre 1400 Market Street St. Louis, MO 314-499-7600 stifeltheatre.com The PenFed Foundation for Military Heroes is honored to partner with baseball icon Tony La Russa, for an unprecedented celebration of the St. Louis Cardinals’ 2006 and 2011 World Series championships. La Russa also led the Cardinals to three National League pennants during his tenure with the team.  The presentation will feature highlight videos from 2000 to 2011, with former players describing key game moments and up close and personal behind the scenes experiences. It is certain to be filled with magical […] - [Greenlight Survey Data Reveals Family Financial Wellness as a Growth Opportunity for Financial Institutions](https://thecreditunionconnection.com/greenlight-survey-data-reveals-family-financial-wellness-as-a-growth-opportunity-for-financial-institutions/): Greenlight’s modern, digital-first platform is empowering more than 140 financial institutions to strengthen customer relationships and drive generational loyalty. Greenlight®, the fintech company that helps families navigate money and life together, today released new survey data revealing a significant opportunity for financial institutions to drive long-term growth and loyalty by prioritizing family financial wellness. In partnership with Researchscape, Greenlight surveyed parents and financial institutions to uncover the financial stress families currently face and how credit unions and banks can provide a meaningful solution. The data confirms what many families are feeling: Money is the #1 stressor for working parents, with […] - [DCUC Fights For Credit Union Tax Status and Military and Veteran Financial Security and Wellness](https://thecreditunionconnection.com/dcuc-fights-for-credit-union-tax-status-and-military-and-veteran-financial-security-and-wellness/): DCUC sends letter to Congress regarding the Credit Union Tax Exemption, housing access, and financial readiness On Monday, June 9, the Defense Credit Union Council (DCUC), and a unified coalition of credit union trade associations and advocates sent a joint letter to Senate leadership ahead of anticipated budget reconciliation discussions. The letter—delivered to every member of the U.S. Senate—expresses strong and united opposition to any legislative proposals that would threaten the not-for-profit tax status of credit unions. It also reaffirms the industry’s longstanding, mission-first commitment to community reinvestment and financial service access for underserved and military-connected communities. “Credit unions are not Wall […] - [Centra Achieves 30% Reduction in Network Costs with SD-WAN](https://thecreditunionconnection.com/centra-achieves-30-reduction-in-network-costs-with-sd-wan/): Redefines Operational Excellence and Security with C1 C1 announced that Centra Credit Union has achieved significant operational efficiencies and enhanced network security by partnering with C1 to implement advanced SD-WAN technology and migrate to Microsoft Teams Phone as its cloud PBX Platform. Faced with aging on-premises infrastructure that was no longer cost-effective or aligned with its strategic goals, Centra Credit Union turned to C1 to simplify and update its operations. By adopting SD-WAN and transitioning to a cloud-based communication system with Microsoft Teams Phone as its cloud calling solution, Centra experienced seamless integration, enhanced operational capabilities, and cost savings that […] - [CPI’s UHCU Metal Debit Card Package Honored with Élan Award](https://thecreditunionconnection.com/cpis-uhcu-metal-debit-card-package-honored-with-elan-award/): CPI’s card + packaging solution for United Heritage Credit Union was chosen as a finalist for “Best Personalization & Fulfillment” solution at the recent International Card Manufacturers Association (ICMA) event. CPI Card Group’s UHCU Metal Card and package, developed in partnership with United Heritage Credit Union, has been named a finalist in the 2025 Élan Awards’ Personalization & Fulfillment – Product, Service or Project category. In a sleek black box, emblazoned with United Heritage’s distinctive logo rendered in silver foil, accountholders receive their new metal card with names laser engraved. Weighing four times as much as a standard payment card, […] - [TopLine Financial Credit Union Receives Twin Cities Best of Business 2025 Reader’s Choice Award](https://thecreditunionconnection.com/topline-financial-credit-union-receives-twin-cities-best-of-business-2025-readers-choice-award/): TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, has been named the Best Credit Union in Minnesota by Twin Cities Business 2025 Best of Business Reader’s Choice Poll. Twin Cities Business conducts an annual survey of their readers asking “Which companies exemplify true excellence in their respective industries and would they confidently refer to a family member, friend or colleague?” and published results in its June/July issue and online. The communities the credit union services have recognized TopLine as one of the most appreciated and trustworthy financial institutions in Minnesota. Several qualities that make TopLine stand out include the credit union’s dedication to our mission […] - [BrightBridge Credit Union Creates Bouquets for Local Care Facilities](https://thecreditunionconnection.com/brightbridge-credit-union-creates-bouquets-for-local-care-facilities/): The credit union partnered with the Power of Flowers Project to share optimism with community members BrightBridge Credit Union (BrightBridge) recently brought beauty and kindness to the community by hosting a series of bouquet-making events in partnership with the Power of Flowers Project, a nonprofit dedicated to sharing joy through flowers.  Founded in 2009, Power of Flowers repurposes donated flowers into bouquets and delivers them to seniors and veterans in local care facilities to “improve their quality of life, to reduce loneliness and depression, and to let them know they are valued.”  The credit union welcomed the Power of Flowers […] - [Treasury Prime Partners with People Trust to Advance Financial Inclusion via Embedded Banking](https://thecreditunionconnection.com/treasury-prime-partners-with-people-trust-to-advance-financial-inclusion-via-embedded-banking/): First credit union to join Treasury Prime’s Bank Network highlights growing interest in fintech modernization among mission-driven institutions Treasury Prime announced today that People Trust Community FCU has joined the Treasury Prime Bank Network. As Treasury Prime’s first credit union partner, this milestone is a pivotal step in expanding access to embedded banking for community-based institutions. Founded to serve underbanked communities in Arkansas, People Trust is leveraging Treasury Prime’s platform to modernize its core banking services. This partnership also includes the possibility for future use of Treasury Prime’s front-end solution to replace the institution’s legacy online banking interface, enhancing member experience […] - [The Family Credit Union Invites the Community to Family Discount Mondays All Summer Long](https://thecreditunionconnection.com/the-family-credit-union-invites-the-community-to-family-discount-mondays-all-summer-long/): As part of its ongoing commitment to supporting families and strengthening community ties, The Family Credit Union is pleased to announce the return of Family Discount Mondays for the summer season.  Running from each Monday beginning June 16 through July 21, this initiative provides weekly discounts at a variety of local, family-oriented businesses, open to the public and available to all, regardless of membership status. “This is one of our favorite ways to give back during the summer months,” said The Family Credit Union Marketing Coordinator, Brenna Bicksler. “It’s all about connecting with the community, supporting local businesses, and helping […] - [Shoreline Hometown Credit Union Selects Mahalo Banking to Accelerate Digital Evolution](https://thecreditunionconnection.com/shoreline-hometown-credit-union-selects-mahalo-banking-to-accelerate-digital-evolution/): New platform brings advanced features, self-service capabilities, and scalable infrastructure to support future growth Shoreline Hometown Credit Union (‘Shoreline’) has selected Mahalo Banking as its new digital banking partner, marking a strategic upgrade to its member-facing technology. The partnership reflects Shoreline’s commitment to delivering a modern, intuitive digital experience that enhances self-service capabilities and operational efficiency while supporting continued growth. The partnership followed an extensive evaluation process focused on identifying a platform that could deliver robust third-party integrations, streamline user experience across devices, and support continuous innovation. Mahalo emerged as the optimal choice for its powerful features while remaining cost-efficient, […] - [ENGAGE 2025 Conference Kicks Off with Record-Breaking Attendance and Industry-Leading Content](https://thecreditunionconnection.com/engage-2025-conference-kicks-off-with-record-breaking-attendance-and-industry-leading-content/): The League of Credit Unions & Affiliates officially opened the inaugural ENGAGE Conference—formerly known as the Southeast Credit Union Conference & Expo (SCUCE) and IGNITE in Orlando, Florida. This year’s event marks a historic milestone as the first-time credit unions from all four states—Alabama, Florida, Georgia, and Virginia—have come together since the unification of The League of Southeastern Credit Unions and the Virginia Credit Union League earlier this year. This year’s conference attracted 1,300 attendees, a record number, including credit union leaders and vendors from across our combined footprint. ENGAGE 2025 offers an extensive lineup of over 75 expert speakers, […] - [ Royal Credit Union's Inaugural Diaper Drive Makes a Meaningful Impact](https://thecreditunionconnection.com/royal-credit-unions-inaugural-diaper-drive-makes-a-meaningful-impact/): Royal Credit Union (Royal) successfully hosted its first-ever Diaper Drive throughout May, supporting Feed My People Food Bank, St. Croix Valley Food Bank, and the Diaper Bank of Minnesota. Through the generosity of community members and team members, Royal collected more than 12,300 diapers, 170 packages of wipes, and raised over $3,900 to assist families in need. “We are incredibly grateful for the outpouring of support for this year’s Diaper Drive,” said Heidi Cornelius, Community Engagement Coordinator at Royal. “At Royal, we are deeply committed to making a positive impact in the communities we serve, and we are honored to […] - [Benchmark Federal Credit Union to Merge into Franklin Mint Federal Credit Union](https://thecreditunionconnection.com/benchmark-federal-credit-union-to-merge-into-franklin-mint-federal-credit-union/): Merger Will Expand Services, Strengthen Resources, and Enhance Member Value Benchmark Federal Credit Union (BFCU) and Franklin Mint Federal Credit Union (FMFCU) are pleased to announce they have entered into a definitive merger agreement, in which Benchmark Federal Credit Union will merge into Franklin Mint Federal Credit Union, subject to regulatory approval and a vote of Benchmark Federal Credit Union’s membership. This strategic partnership brings together two mission-driven credit unions with strong reputations for member service, community involvement, and financial strength. The merger will provide BFCU members with expanded access to banking solutions, branch locations and financial education, while preserving […] - [boost.ai and SwitchThink Partner, Delivering Credit Union-Ready GenAI Agents for SwitchThink Clients](https://thecreditunionconnection.com/boost-ai-and-switchthink-partner-delivering-credit-union-ready-genai-agents-for-switchthink-clients/): This new partnership allows SwitchThink to offer its credit union clients a secure, affordable AI solution for enhanced customer service  boost.ai and SwitchThink Solutions have announced a new partnership to offer an innovative AI-powered virtual assistant solution that is purpose-built for the credit union industry. The new solution, SwitchThink AI Assist, is powered by the boost.ai advanced conversational AI platform and will enable credit unions to deliver 24/7 support for credit union members, streamline member service options, and improve overall member engagement while simultaneously delivering operating efficiencies. The partnership serves as a key expansion into enterprise-class conversational AI for SwitchThink, […] - [The Power of Partnership: How Fintech Is Fueling Credit Union Growth](https://thecreditunionconnection.com/trustage-ventures-brian-kaas-happy-money-matt-potere/): In a recent insightful discussion on the Credit Union Connection, host Sarah Snell Cooke sat down with two “repeat offenders”—Brian Kaas, president and managing director of TruStage Ventures, and Matt Potere, CEO of Happy Money—to delve into the evolving landscape of credit unions and their increasing embrace of fintech partnerships. The conversation explored how these collaborations are addressing critical challenges, fostering growth, and shaping the future of financial services. A key theme of the discussion was the imperative for credit unions to attract younger generations. Matt Potere highlighted how Happy Money partners with credit unions to bring in new members […] - [Texas Trust Gives Foundation Awards $74,000 in Grants to Public Schools](https://thecreditunionconnection.com/texas-trust-gives-foundation-awards-74000-in-grants-to-public-schools/): The Texas Trust Gives Foundation continues its strong support for public education through its latest award of $74,000 in grants for district-wide education initiatives. The grants range from $5,500 to $15,000 and support public schools in North, East, and Central Texas. The funds will be used by the districts for the 2025-2026 school year. Six school districts in the Dallas-Fort Worth area received grants, along with Athens ISD and San Angelo ISD. Special education students within Arlington ISD will benefit from the Texas Trust Gives Foundation grant. It is going toward equipment and tools to implement a Sensory Motor Lab at eight of the […] - [Tinker Federal Credit Union Merges With LiFE Federal Credit Union Of Texas](https://thecreditunionconnection.com/tinker-federal-credit-union-merges-with-life-federal-credit-union-of-texas/): TFCU welcomed new members and staff on May 19 in Cross Roads, Texas Tinker Federal Credit Union (TFCU) has officially merged with LiFE Federal Credit Union (LiFE FCU), marking TFCU’s expansion into Texas and bringing together two member-focused credit unions with shared values and a commitment to service. The merger became official on May 19, with all LiFE FCU accounts, services and staff transferring to TFCU. The former LiFE FCU Cross Roads location is now operating as TFCU, and renovations are currently underway at a second TFCU branch slated to open in Denton this summer. “We are thrilled to welcome […] - [Affinity Plus Accelerates Membership Growth with Hopkins Branch](https://thecreditunionconnection.com/affinity-plus-accelerates-membership-growth-with-hopkins-branch/): New location brings the credit union’s accessible, community-based financial services to the Hopkins community On the heels of announcing a new branch in Shakopee, Affinity Plus Federal Credit Union (Affinity Plus) has opened another branch in downtown Hopkins, located at 1118 Mainstreet, Suite #2. The new branch reflects the credit union’s strong growth trajectory and commitment to providing members with accessible brick-and-mortar locations across the state, in addition to its popular mobile banking options. The Hopkins branch will serve more than 4,500 members living within a 5-mile radius, providing members with convenient, in-person access to Affinity Plus’s full suite of financial […] - [Black Dragon Capital℠ Enters Strategic Fintech Focused Partnership with Origence](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-enters-strategic-fintech-focused-partnership-with-origence/): New Alliance Seeks to Create Sustainable Technologies to Address the Unique Needs of Credit Unions Multi-phased investment firm Black Dragon Capital℠, which focuses on technology that can impact industries, has announced their strategic partnership with Origence, one of the largest lending organizations catering to credit unions in the country. Black Dragon Capital℠ was founded over a decade ago by recognized financial technology leaders focused on bringing innovative technologies to high-growth industry segments affected by digital disruption. The firm is led by a collaborative team that combines deep operational experience with a focus on community impact and a proven ability to transform […] - [State Employees’ Credit Union Transforms Member Experiences, Surpassing CSAT Goals in Just 6 Months with NiCE CXone Mpower](https://thecreditunionconnection.com/state-employees-credit-union-transforms-member-experiences-surpassing-csat-goals-in-just-6-months-with-nice-cxone-mpower/): With NiCE’s AI-driven platform, SECU also streamlined operations, enhanced collaboration and achieved breakthrough efficiency NiCE today announced that State Employees’ Credit Union (SECU), one of the largest credit unions in the U.S., serving over 2.8 million members, has transformed its member contact center experience and operational efficiency with NiCE CXone Mpower. By adopting an AI-driven, cloud-native platform, SECU has streamlined operations, enhanced workforce management, and leveraged automation to drive efficiency and improve service levels. Facing limitations with legacy infrastructure, SECU turned to NiCE’s all-in-one platform to unify, automate, and optimize its contact center operations. The move enabled SECU to centralize service channels, […] - [Triangle Credit Union Prepares for Growth with Jack Henry](https://thecreditunionconnection.com/triangle-credit-union-prepares-for-growth-with-jack-henry/): Credit union selects Jack Henry for open infrastructure and culture Jack Henry™ has announced that Triangle Credit Union has chosen Jack Henry’s Symitar® platform and complementary products to better serve members and maintain a competitive market position. Triangle Credit Union, which operates eight branch locations and services members across southern New Hampshire and Massachusetts, has grown steadily to support its community. In 1993, the credit union had around $70 million in assets and two branches. Today, the credit union supports nearly 58,000 members and manages $839 million in assets. Triangle offers a full range of personal and business financial services and is committed to meeting members’ needs through progressive, cost-efficient […] - [Enterprise Engagement: The Holistic Loyalty Approach](https://thecreditunionconnection.com/enterprise-engagement-the-holistic-loyalty-approach/): AmpliFi Loyalty Solutions Traditional loyalty programs often focus on card transactions, but what if you could reward consumers for engaging with everything your institution offers? An enterprise engagement loyalty approach connects rewards to your broader business goals—whether it’s growing loans, increasing deposits, or boosting the adoption of digital services—while connecting with consumers at every level of their financial journey. It’s a smarter way to deepen relationships and drive meaningful results.  Align Actions With Organizational Goals A premier loyalty program should reflect your institution’s unique goals. An enterprise engagement approach rewards consumers for the behaviors that matter most, like applying for […] - [Registration Now Open for Discovery 2025 Conference](https://thecreditunionconnection.com/registration-now-open-for-discovery-2025-conference/): The biggest virtual credit union conference Registration is open for the credit union industry’s largest annual virtual conference, Discovery 2025. This year’s event will be held on Thursday, August 7, 2025. The conference, which TruStage™, the credit union system partner of choice, coordinates will begin at 9.a.m. CDT. The no-cost, all-day event will feature two keynote speakers, four general sessions and three sessions spotlighting solutions to help credit unions stay competitive during these extraordinary times. Among this year’s keynote speakers is advisor, futurist and former head of Go-To Market for Open AI Zack Kass. Kass will deliver a comprehensive roadmap […] - [Credit Union Of Southern California Completes Merger With LA Financial & Havasu Community Credit Union](https://thecreditunionconnection.com/credit-union-of-southern-california-completes-merger-with-la-financial-havasu-community-credit-union/): Credit Union of Southern California (CU SoCal) has finalized its merger with LA Financial Credit Union (LA Financial), which included Havasu Community Credit Union—a division of LA Financial prior to the merger. LA Financial will become CU SoCal, while Havasu Community Credit Union will retain its name as Havasu Community Credit Union, a division of CU SoCal. The move increases CU SoCal’s assets to more than $3.3 billion and the number of Members to more than 180,000. As part of the merger, CU SoCal will also add four more branches—Norwalk, Pasadena, Los Angeles, and Lake Havasu City branch locations, increasing its branch network to 25 locations. CU […] - [Addition Financial Launches Season 6 of Making It Count Podcast](https://thecreditunionconnection.com/addition-financial-launches-season-6-of-making-it-count-podcast/): New cohost, fresh topics, and smarter money moves for every listener Addition Financial Credit Union is proud to announce the launch of Season 6 of the Making It Count podcast, continuing its mission to make personal finance more accessible, engaging, and actionable.  Making it Count, which premiered its first season in February 2020, begins its latest run of episodes on June 5 with a new cohost. Addison Gray joins longtime host Cristina Lehman to cover a season’s worth of topics that reflect today’s evolving financial landscape. Designed to support listeners at every stage of their financial journey, the podcast, sponsored by Addition Financial, offers […] - [Credit Unions Recognize Team Member Achievements; Iowa Credit Union Foundation Announces 2025 Financial Coach Program Graduates](https://thecreditunionconnection.com/credit-unions-recognize-team-member-achievements-iowa-credit-union-foundation-announces-2025-financial-coach-program-graduates/): A few credit unions, including RRCU and Alliant Credit Union, recognized the achievements of their team members, and the Iowa Credit Union Foundation announced the names of its 2025 Financial Coach Program. New Hires: Recognitions: Appointments: - [Affinity Plus Federal Credit Union to Merge with Albert Lea’s City & County Employees Federal Credit Union (CCEFCU)](https://thecreditunionconnection.com/affinity-plus-federal-credit-union-to-merge-with-albert-leas-city-county-employees-federal-credit-union-ccefcu/): Merger expands banking services and strengthens community engagement for CCEFCU members Affinity Plus Federal Credit Union (Affinity Plus) and City & County Employees Federal Credit Union (CCEFCU) of Albert Lea, Minn. have announced a merger, following a majority vote from CCEFCU members and approval from the CCEFCU Board of Directors and National Credit Union Administration (NCUA). The memberships of the two credit unions will officially be brought together on October 1. CCEFCU members will gain access to an expanded range of financial products and services, including mortgages, new lending and savings options, credit cards and access to an investment center, […] - [Credit Union Assets, Loans Outstanding and Net Income Increase](https://thecreditunionconnection.com/credit-union-assets-loans-outstanding-and-net-income-increase/): NCUA Releases First Quarter 2025 Credit Union System Performance Data According to the latest financial performance data released today by the National Credit Union Administration (NCUA), total assets in federally insured credit unions rose by $60 billion, or 2.6 percent, over the year ending in the first quarter of 2025, to $2.37 trillion. During the same period, total loans outstanding increased $53 billion, or 3.3 percent, to $1.65 trillion. Also, the net interest margin for federally insured credit unions was $75.6 billion at an annual rate through the first quarter of 2025, or 3.24 percent of average assets. That compares […] - [Greater Iowa Credit Union Honored With 2025 MeridianLink® Arc Award For Innovation In Lending And Community Impact](https://thecreditunionconnection.com/greater-iowa-credit-union-honored-with-2025-meridianlink-arc-award-for-innovation-in-lending-and-community-impact/): Greater Iowa Credit Union is proud to announce that it has been named a recipient of the 2025 MeridianLink® Arc Award, presented at the annual MeridianLink LIVE! event held at Universal Orlando Resort in Orlando, Florida. The prestigious award recognizes financial institutions that have demonstrated exceptional innovation, impact, and leadership in using technology to improve member experiences and strengthen communities.  Selected from nearly 70 nominations nationwide, Greater Iowa Credit Union was honored for transforming its lending operations through the strategic use of MeridianLink® DecisionLender® and Admin Pro. The credit union achieved a 250% increase in auto-decision rates, significantly improving loan […] - [Star One Credit Union, Payfinia Win Banking Tech USA 2025 Award for Partnership](https://thecreditunionconnection.com/star-one-credit-union-payfinia-win-banking-tech-usa-2025-award-for-partnership/): Award recognizes institution and fintech for revolutionizing instant payments Payfinia announced today it won the Best Credit Union/Community Bank & FinTech Partnership by Fintech Futures’ Banking Tech Awards USA 2025 with Star One Credit Union ($10.2 billion, 124,000 members). The Banking Tech Awards USA honor technology excellence and innovation in the banking and financial services sector, spotlighting the standout projects, products, services and teams driving progress in the industry. Together, Star One and Payfinia pioneered instant payments, launching Payfinia’s Instant Payment Xchange (IPX), an instant payments framework enabling members to send and receive instant payments securely 24/7/365. Through the partnership, a suite […] - [Apiture Introduces Fintech Connector to Accelerate Innovation for Community Banks and Credit Unions](https://thecreditunionconnection.com/apiture-introduces-fintech-connector-to-accelerate-innovation-for-community-banks-and-credit-unions/): InvestiFi is first to integrate via Fintech Connector, offering Apiture clients new investing capabilities from within digital banking Apiture today announced the launch of Fintech Connector, enabling fintech partners to rapidly integrate their solutions with the Apiture Digital Banking Platform, without the need for custom integrations. In today’s dynamic banking landscape, financial institutions are looking to harness fintech innovation to meet the evolving expectations of their account holders. With Fintech Connector, fintech partners can integrate directly with the Apiture Consumer Banking and Business Banking solutions, enabling Apiture clients to select and deploy new services that align with the needs of their account holders and their […] - [Bellwether Community Credit Union Rebrand Reinforces Commitment to "Banking with Heart"](https://thecreditunionconnection.com/bellwether-community-credit-union-rebrand-reinforces-commitment-to-banking-with-heart/): Bellwether Community Credit Union is excited to announce the launch of its new brand identity, anchored by a renewed commitment to empowering members, strengthening communities, and delivering smarter, more personalized banking experiences. The rebrand centers on the credit union’s new tagline, “Banking with Heart,” reflecting Bellwether’s deep-rooted mission to help members achieve more—financially and personally—through easy-to-use digital tools, trusted guidance, and meaningful community investment. To help connect with a modern audience, Bellwether refreshed its color palette, typography, and iconography. The result is a vibrant, modern look that brings new energy to the trusted New Hampshire credit union. “For more than 100 years, we’ve […] - [Minnesota Credit Unions Brew Up Collaboration to Celebrate Centennial](https://thecreditunionconnection.com/minnesota-credit-unions-brew-up-collaboration-to-celebrate-centennial/): To commemorate 100 years of credit unions in Minnesota, the Minnesota Credit Union Network (MnCUN) partnered with Broken Clock Cooperative Brewing to launch High Yield Pale Ale—a limited-edition beer brewed by a cooperative, for cooperatives. Unveiled during a special event in May at Broken Clock’s taproom in Minneapolis, the collaboration brought together credit union leaders and community partners to toast a century of “people helping people.” Brewed by Broken Clock Cooperative Brewing—a member-owned, Minneapolis-based brewery—the beer reflects the shared values of the credit union movement: cooperation, local empowerment, and community impact. Proceeds from the beer support the Minnesota Credit Union Foundation’s […] - [InFirst Federal Credit Union Hosts Ribbon-Cutting Ceremony at New Landmark Branch Location](https://thecreditunionconnection.com/infirst-federal-credit-union-hosts-ribbon-cutting-ceremony-at-new-landmark-branch-location/): InFirst Federal Credit Union (InFirst) hosted a ribbon-cutting ceremony on Friday, May 30, 2025, at their flagship branch located at 6222 Little River Turnpike.  InFirst has called Alexandria, VA, home for decades, so when the time came to relocate, there was no question about where the new branch headquarters should be. The InFirst FCU Landmark location is a full-service credit union branch open and ready to serve the public with all their financial needs. Services include free financial literacy seminars open to the public, financial counseling, affordable lending solutions, checking and savings products, and more.  The event was attended by […] - [MSUFCU Celebrates Spring 2025 The Culture of Finances’ Graduates](https://thecreditunionconnection.com/msufcu-celebrates-spring-2025-the-culture-of-finances-graduates/): The Culture of Finances program, from MSU Federal Credit Union (MSUFCU), continues to help individuals achieve financial literacy through its courses and is proud to present its Spring 2025 Graduates. Since 2023, The Culture of Finances has dedicated itself to educating individuals and developing their financial growth through unique educational courses. It provides participants with resources to take charge of their monetary habits and become financially confident. “The Culture of Finances is a community outreach financial literacy program designed to provide the tools, practices, and resources that promote everyday financial wellness,” said Jamara Randall, The Culture of Finances Manager. “We are excited to finish […] - [SchoolsFirst Federal Credit Union Announces Winners of 2025 Member Education Award Scholarships](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-announces-winners-of-2025-member-education-award-scholarships/): Credit Union awarded $210,500 in scholarships to 248 students throughout California and other states SchoolsFirst Federal Credit Union has awarded $210,500 in college scholarships to 248 students as part of its annual Member Education Award scholarship program for 2025. Launched in 2000, the scholarship program was established to invest in Members’ long-term success. Most of the 2025 winners reside in California, with a few students representing other U.S. states. This year’s scholarship recipients include 158 high school seniors, 50 college freshmen and 40 college sophomores. SchoolsFirst FCU presents scholarships each year to eligible high school graduating seniors, college freshmen and sophomores, to help […] - [Driving Responsible Growth: iLending's Vision for Auto Refinance](https://thecreditunionconnection.com/driving-responsible-growth-ilendings-vision-for-auto-refinance/): In a recent episode of “The Credit Union Connection,” host Sarah Snell Cooke sat down with iLending’s President, Nicholas Goraczkowski, and Director of Lender Relations, Cedric Moore, for a compelling discussion on the current landscape of auto lending and the significant role of auto refinance. The conversation offers a glimpse into the strategies iLending employs and the trends shaping the market, providing a teaser for the full video interview. Cedric Moore highlights a “definitive shift” in the lending environment, noting that lenders are becoming more aggressive in capturing auto loan volume, especially as credit card balances and delinquency rates rise. […] - [DCUC Hosts Credit Union Community Collaboration Meeting as Key Issues Reach Senate Agenda](https://thecreditunionconnection.com/dcuc-hosts-credit-union-community-collaboration-meeting-as-key-issues-reach-senate-agenda/): As the Senate reconvened this week, the Defense Credit Union Council (DCUC) led a strategic gathering of credit union leaders and advocates to align messaging and sharpen tactics to continue defending the credit union tax exemption to ensure smart data privacy. At the heart of the discussion was the budget Reconciliation Bill, which now lies in the hands of the Senate. DCUC President/CEO Anthony Hernandez emphasized, “We are not out of the woods yet. It’s critical that our industry presents a unified voice and consistent messaging during this pivotal time.” Although the House version of the bill preserves credit unions’ […] - [American Heritage Credit Union Celebrates Healthcare Workers Throughout May](https://thecreditunionconnection.com/american-heritage-credit-union-celebrates-healthcare-workers-throughout-may/): Members of American Heritage’s Business Development Team Visited More Than 15 Locations During These Two Weeks Each May, American Heritage Credit Union (“American Heritage”) is excited to celebrate hospitals, nursing homes, and healthcare workers during National Hospital Week, National Nurses Week, and National Skilled Nursing Care Week. This year, members of American Heritage’s Business Development team visited the locations of several Workplace Partners to thank them for their dedication and commitment. The locations visited spanned across Bucks, Montgomery, and Philadelphia Counties. These locations included: Philadelphia County Jeanes Hospital                                                        Jefferson Health – Frankford                               Philadelphia Protestant Home                          Jefferson Health – Torresdale              […] - [OC Federal Credit Union Provides Financial Literacy Learning Resources To Local Schools](https://thecreditunionconnection.com/oc-federal-credit-union-provides-financial-literacy-learning-resources-to-local-schools/): OC Federal Credit Union is bringing financial literacy education to over 300 students in Ohio. Students at 23 schools have free access to Banzai, an award-winning online program and content library that allows users to practice real-world finance from the safety of their home or classroom using any internet-enabled device. At a time when a solid foundation of practical financial knowledge is critical, these resources will make a huge impact on users. All of these resources are available to students at home or in the classroom via any device that can access the internet. “Banzai is a web-based financial literacy program. Kids get their own accounts, […] - [Plinqit Wins FinTech Marketing North American Award for Best Use of Thought Leadership](https://thecreditunionconnection.com/plinqit-wins-fintech-marketing-north-american-award-for-best-use-of-thought-leadership/): Plinqit’s 2024 State of Savings Report drives exceptional results with 375% increase in speaking engagements and 162% boost in website traffic Plinqit today announced it has won the FinTech Marketing North American Award in the Best Use of Thought Leadership category. The recognition honors Plinqit’s comprehensive thought leadership campaign centered around its 2024 State of Savings Report, which delivered exceptional results across all key performance metrics. Based on a survey conducted by The Harris Poll of more than 2,000 U.S. adults ages 18 and older, Plinqit’s 2024 State of Savings Report offers exclusive insights into the savings habits of today’s consumers. The report […] - [Robins Financial Credit Union Awards $100,000 to Graduating High School Seniors](https://thecreditunionconnection.com/robins-financial-credit-union-awards-100000-to-graduating-high-school-seniors/): Robins Financial Credit Union supports the higher education of 50 graduating high school seniors by awarding $100,000 through their annual scholarship program. Students were selected from across the credit union’s 45-county service area based on academic achievement, community involvement, leadership, and a personal essay outlining their future goals. The program highlights Robins Financial’s ongoing investment in the education and success of young people within the community. “We are proud to support these students as they prepare for the next chapter of their lives,” shared Christina O’Brien, President & CEO of Robins Financial Credit Union. “By awarding these scholarships, we uphold our mission to […] - [SECU Awards Summer Camp Scholarships to 457 Youth Members Statewide](https://thecreditunionconnection.com/secu-awards-summer-camp-scholarships-to-457-youth-members-statewide/): State Employees’ Credit Union (SECU) has concluded its fourth annual Summer Camp Awards campaign, granting $500 scholarships to 457 young members throughout North Carolina. Recipients were selected through random drawings, with one FAT CAT® and one Zard® winner per branch from all eligible entries. The scholarships will be used for the registration costs and associated fees at the summer camp chosen by each youth winner. Applicants submitted an illustration or essay about their dream camp experience to be entered into the contest. Since its launch in 2022 the program has provided scholarships totaling $508,000 to 1,016 FAT CAT and Zard members. Summer Camp Awards were […] - [Honor Credit Union Announces 2025 Community Commitment Scholarship Winners](https://thecreditunionconnection.com/honor-credit-union-announces-2025-community-commitment-scholarship-winners/): Honor Credit Union is excited to announce the recipients of its 2025 Community Commitment Scholarship program. Each year, this program honors Michigan high school seniors who go above and beyond in their dedication to community service while also excelling academically. Through a blind selection process, twelve outstanding students have been chosen to receive a $2,500 scholarship to support their continued education. The 2025 recipients exemplify what it means to lead with purpose, serve others, and strive for excellence. These are all values that align closely with Honor’s commitment to empowering youth and building a brighter future for the areas it serves. […] - [Hawaii State FCU Donates $37,500 To Support Affordable Housing And Family Homelessness Services In Hawaii](https://thecreditunionconnection.com/hawaii-state-fcu-donates-37500-to-support-affordable-housing-and-family-homelessness-services-in-hawaii/): Hawaii State Federal Credit Union (Hawaii State FCU) recently presented a combined total of $37,500 to two local nonprofits— Family Promise of Hawaii and Hawaii HomeOwnership Center—to support affordable housing access and services for families experiencing homelessness. The donations were made possible through Hawaii State FCU and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) Member Impact Fund, a matching grant program that amplifies the impact of financial institutions working to strengthen their communities. “Stable housing creates the foundation for lasting financial wellness and opportunity,” said Andrew Rosen, president and CEO of Hawaii State FCU. “We’re honored to support the vital work of Family Promise of Hawaii […] - [Indiana Members Foundation Charity Golf Scramble Benefitting Evansville Vanderburgh School Corporation Foundation Raises Over $140,000 Since 2021](https://thecreditunionconnection.com/indiana-members-foundation-charity-golf-scramble-benefitting-evansville-vanderburgh-school-corporation-foundation-raises-over-140000-since-2021/): Indiana Members Foundation, the charitable arm of Indiana Members Credit Union (IMCU), hosted a charity golf scramble to benefit Evansville Vanderburgh School Corporation (EVSC) Foundation at Evansville Country Club, 3810 Stringtown Rd, Evansville, IN, on Monday, April 28, 2025. 100 golfers attended the event to benefit the EVSC Foundation, who supports EVSC schools and programs. Since 2021 IMCU and community businesses have raised over $140,000 for the EVSC Foundation. EVSC is the third largest school district in Indiana with just under 22,000 students enrolled in EVSC schools.  Highlights of the day included a complimentary lunch, 18 holes of golf, a […] - [Sunward Launches Buy Now, Pay Later Feature to Members, First in New Mexico](https://thecreditunionconnection.com/sunward-launches-buy-now-pay-later-feature-to-members-first-in-new-mexico/): Members now get more funds to pay for eligible purchases over time As more people look to credit unions they know and trust to help navigate their financial needs, Sunward Federal Credit Union (Sunward) announced today that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products in an effort to meet members’ shifting payment preferences. Serving over 165,000 members across 16 locations across the Southwest and in California, Sunward is the first New Mexico-based credit union to launch BNPL for its members. This new solution is designed to help Sunward members better manage their budget and access […] - [Tyfone, AFS Partner to Deliver Fraud Detection Software](https://thecreditunionconnection.com/tyfone-afs-partner-to-deliver-fraud-detection-software/): Integrated Positive Pay solution combats check and ACH fraud for commercial clients Digital banking solutions provider Tyfone announced it has partnered with Advanced Fraud Solutions (AFS) to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts.   Despite rising check fraud, 65% of banks say fewer than half of treasury clients use Positive Pay solutions. The integration of AFS’s Positive Pay solution with Tyfone’s nFinia® Digital Banking Solution provides commercial clients enhanced security, customizable transaction rules and AI-driven analysis.  “Protecting business clients is a key priority for financial institutions. However, Positive Pay adoption remains low, despite rising […] - [Appli and First Source FCU Turn Financial Calculators into Conversion Catalysts](https://thecreditunionconnection.com/appli-and-first-source-fcu-turn-financial-calculators-into-conversion-catalysts/): New York-based credit union reports uptick in engagement metrics and application increases following methodical implementation of customized calculator system Appli announced that First Source Federal Credit Union, serving members in central New York, has seen significant improvements in member engagement and conversion rates since implementing Appli’s calculator solutions. “We’re seeing conversions happen in each monthly wrap-up or report we pull, which is remarkable from a calculator,” said Katie Ullman, Vice President of Marketing & Community at First Source Federal Credit Union. “Non-members are finding our website when searching for specific financial calculators, and because the product is so user-friendly, they’re […] - [Hawaii First Federal Credit Union Announces Leadership Transition](https://thecreditunionconnection.com/hawaii-first-federal-credit-union-announces-leadership-transition/): The Board of Directors of Hawaii First Federal Credit Union is pleased to announce the selection of Mary Ann Otake as the credit union’s new President and Chief Executive Officer. Otake will begin this new position July 1, 2025. The Board is thrilled to have mentored and developed the next CEO of Hawaii First FCU in house said Kristina Makoff, Board Chairperson.  Mary Ann brings solid collaborative leadership to our executive team. Her commitment to our membership and community impact uniquely qualifies her to lead the credit union into its next chapter.  Mary Ann is a seasoned financial services executive […] - [Over 51,000 Pounds of Paper Collected, 438 Trees Saved at Latest SDCCU Shred Day Event](https://thecreditunionconnection.com/over-51000-pounds-of-paper-collected-438-trees-saved-at-latest-sdccu-shred-day-event/): SDCCU has helped the community properly dispose of over 4.7 million pounds of paper since 2007 San Diego County Credit Union® (SDCCU®) is committed to helping the community properly dispose of sensitive data, an effort that landed the company a total of seven Guinness World Records® titles. SDCCU’s latest Free Shred Day Event, held at three locations on May 3, resulted in over 51,000 pounds of paper being collected and shredded. “SDCCU is pleased to provide this free service to our community and assist in properly disposing of confidential information,” said SDCCU President and CEO Teresa Campbell. “We design these events to inspire the […] - [Civic Credit Union Transforms Digital Banking with C1, Delivering Smarter, Secure Member Experiences](https://thecreditunionconnection.com/civic-credit-union-transforms-digital-banking-with-c1-delivering-smarter-secure-member-experiences/): C1 today announced the successful transformation of member experience for Civic Credit Union (Civic) with the Genesys Cloud™ platform. Civic initially relied on an outdated phone system that lacked the functionality and reporting capabilities essential for its rapid growth. With 11 branches, over 375 employees, and $7 billion in assets, Civic needed a scalable, future-ready communication platform to serve its customer base of local government employees effectively. Blair Hansford, Unified Communications Manager at Civic, stated, “Our old system was holding us back. Without the ability to access actionable data, we were relying on guesswork to optimize customer service. We knew we needed to […] - [Frontier Credit Union Selects Lumin Digital to Elevate Digital Banking Experience](https://thecreditunionconnection.com/frontier-credit-union-selects-lumin-digital-to-elevate-digital-banking-experience/): Frontier Credit Union today announced it has selected leading cloud-native digital banking provider, Lumin Digital, as its new digital banking solution. This partnership enables Frontier to enhance its digital experience and deliver innovative, secure, and member-centric financial services. Frontier Credit Union sought a flexible, future-ready solution that could adapt to changing demands and provide greater control over the digital experience. Lumin Digital’s platform stood out for its modern, cloud-native architecture, speed of innovation, and operational efficiency. Lumin’s industry-leading uptime and robust security features also ensure Frontier Credit Union’s members’ trust and data are protected. “We’re excited to welcome Frontier Credit Union […] - [First Entertainment Credit Union Lends Support to the Hollywood Climate Summit to Champion Green Initiatives in Entertainment](https://thecreditunionconnection.com/first-entertainment-credit-union-lends-support-to-the-hollywood-climate-summit-to-champion-green-initiatives-in-entertainment/): The entertainment industry doesn’t just shape culture, it influences how we imagine, discuss, and ultimately build the future. As climate concerns take center stage globally, entertainment professionals are stepping up to use their platforms to champion this cause both on and off screen. In support of this momentum, First Entertainment Credit Union, the premier financial partner to creators in entertainment, is proud to join the 2025 Hollywood Climate Summit, standing in solidarity with the storytellers, crews, and changemakers driving climate action from inside the industry.  Set to take place June 2nd through 4th in Los Angeles, the 2025 Hollywood Climate Summit has grown into a […] - [Following Successful Merger with Member One, Virginia Credit Union to Unify Brand, Operations in 2026](https://thecreditunionconnection.com/following-successful-merger-with-member-one-virginia-credit-union-to-unify-brand-operations-in-2026/): Member One Members Will Continue to Bank as They Have Until Transition to Virginia Credit Union Brand in Spring 2026 Following a successful merger in August 2024, Virginia Credit Union and its Member One division are pleased to announce that the now-combined organization will operate in all markets as Virginia Credit Union, beginning in the spring of 2026. “The Virginia Credit Union brand has almost a century of history behind it and boasts a proven track record as a member-focused organization, one that’s driven by its mission and focused on delivering value for members through its products, services, and resources,” […] - [Incent, MDT Partner to Provide Youth Digital Banking Solutions for Credit Unions](https://thecreditunionconnection.com/incent-mdt-partner-to-provide-youth-digital-banking-solutions-for-credit-unions/): CUSOs join forces to provide best-in-class youth engagement tools. Incent and MDT announced today a partnership to provide MDT clients a fully integrated, youth banking platform to more effectively engage and attract youth members by offering a secure, real-world digital banking experience for children and teens. The growing demographic disparity among credit unions further underscores the importance of engaging with Generation Z (ages 16 -18) and Generation Alpha (ages 6 – 15). In a recent survey conducted by CULytics, 80% of credit union leaders indicated that attracting younger members is “extremely important.” However, in the same survey, less than 40% of respondents reported […] - [Financial Plus Credit Union Launches Free Billboard Contest to Uplift Small Businesses](https://thecreditunionconnection.com/financial-plus-credit-union-launches-free-billboard-contest-to-uplift-small-businesses/): Financial Plus Credit Union is proud to announce the launch of its third annual billboard contest, The Visibility Project. This contest will award one small business four weeks of free billboard advertising and up to $2,000 in promotional items for their business. Eligible businesses are invited to participate in the initiative by submitting their entries to Financial Plus now through July 11th, 2025. “We’re proud to continue The Visibility Project with a more focused approach—amplifying the voice of one outstanding local small business,” said Nicole Gaby, Vice President of People and Culture at Financial Plus. “This initiative is part of our continued […] - [Star USA Federal Credit Union Partners with Dolphin Debit, Gains Peace of Mind](https://thecreditunionconnection.com/star-usa-federal-credit-union-partners-with-dolphin-debit-gains-peace-of-mind/): Since moving its ATM fleet to Dolphin Debit’s management, Star USA Federal Credit Union is enjoying peace of mind, a new feeling for the team at the West Virginia institution. Star USA, a 15,000-member credit union based in Charleston, serves members in southern West Virginia as well as large SEGs such as the Veterans Administration. It spent years managing its own ATMs until that management got too burdensome and expensive, explained Jennifer Rutherford, Senior Vice President. “With the size of our credit union, it was difficult to find a vendor that made owning our own ATMs easy and affordable,” Rutherford said. “After […] - [TBA Credit Union Holds Another Successful Year of the Student-Run Credit Union](https://thecreditunionconnection.com/tba-credit-union-holds-another-successful-year-of-the-student-run-credit-union/): TBA Credit Union has concluded the 2024-2025 Student-Run Credit Union (SRCU) program and helped students save over $6,400. This past year, the program was held in ten local schools.  This year, Trinity Lutheran School received the traveling trophy, which is awarded yearly to the school with the highest percentage of participation from TBA Credit Union student account holders.  The Student-Run Credit Union (SRCU) program is designed to encourage lifelong savings habits and provide first-time job experience to students in the 4th or 5thgrade. Student volunteers apply and interview for their desired credit union position, then run an SRCU branch at their school. Student […] - [ModernFi CUSO Sets New Industry Standard: Credit Unions Can Now Offer $15 Million in NCUA Insurance* per Account](https://thecreditunionconnection.com/modernfi-cuso-sets-new-industry-standard-credit-unions-can-now-offer-15-million-in-ncua-insurance-per-account/): This achievement demonstrates the rapid growth of the ModernFi CUSO network and reflects extensive collaboration across the credit union industry to provide unprecedented security and stability for its members. ModernFi CUSO today announced a significant industry achievement: credit unions within the ModernFi CUSO network can now offer up to $15 million in NCUA insurance per account. This substantial milestone, achieved rapidly through industry-wide collaboration, significantly enhances credit unions’ ability to attract and retain large-value members. The accelerated growth of ModernFi CUSO’s deposit network, now supported by more than 65 partner credit unions nationwide, highlights the collective efforts of the credit […] - [Robins Financial Credit Union Announces New Chief Financial Officer](https://thecreditunionconnection.com/robins-financial-credit-union-announces-new-chief-financial-officer/): Robins Financial Credit Union is excited to announce the appointment of Kenneth Fredriksen to the position of Chief Financial Officer (CFO).  Fredriksen joins Robins Financial with an extensive background in financial planning, asset-liability management, and strategic leadership within the credit union and broader financial services industries. As CFO, Fredriksen will focus on enhancing financial visibility, optimizing processes, and developing strategic tools that enable informed decision-making. “We are excited to welcome Ken to our team,” shared Christina O’Brien, President and CEO of Robins Financial Credit Union. “His leadership will be instrumental in advancing our strategic vision while continuing to uphold the […] - [North Iowa Community Credit Union Selects Mahalo Banking for Seamless Core-to-Digital Banking Integration](https://thecreditunionconnection.com/north-iowa-community-credit-union-selects-mahalo-banking-for-seamless-core-to-digital-banking-integration/): Credit union enhances digital experience with member-first, intuitive banking platform  North Iowa Community Credit Union (NICCU) today announced its partnership with Mahalo Banking, a leading provider of innovative digital banking solutions for credit unions. The credit union has selected Mahalo’s Thoughtful Banking® solution to deliver a more intuitive, secure, and feature-rich online and mobile banking experience for its members. NICCU joins a growing roster of credit unions that have chosen Mahalo for its user-focused, core-centric approach and deep understanding of the credit union movement. The solution’s deep integration with the Corelation KeyStone core platform was also a critical factor in […] - [Velera to Provide Peach State Federal Credit Union with Credit and Debit Card Processing](https://thecreditunionconnection.com/velera-to-provide-peach-state-federal-credit-union-with-credit-and-debit-card-processing/): Velera is pleased to announce it is providing Peach State Federal Credit Union (Peach State FCU) with debit and credit card processing support. Peach State FCU serves over 70,000 members throughout Georgia and South Carolina and has $1+ billion in assets. Originally founded in 1961 as Gwinnett Teachers Credit Union by a group of educators dedicated to helping their local community, the credit union’s name was later changed to better reflect its broader, growing membership base. Peach State FCU set out to identify a partner that could deliver innovative solutions to overcome the challenges in today’s ever-changing payments landscape. The credit union was […] - [President & CEO of Westerly Community Credit Union, Stephen J. White, Announces Plans to Retire](https://thecreditunionconnection.com/president-ceo-of-westerly-community-credit-union-stephen-j-white-announces-plans-to-retire/): After 25 years of service to Westerly Community Credit Union members throughout Rhode Island and Eastern Connecticut, Stephen J. White has announced his plans to retire from his position as Westerly Community Credit Union’s President & CEO by January 2026. The WCCU Board of Directors has chosen a worthy successor who will be announced in the coming months. White will plan to work with his successor and the Board during the transition.  “After 25 incredible years with Westerly Community Credit Union, I am filled with gratitude and pride as I step into retirement,” stated White. “It has been an honor […] - [Financial Plus Partners with Credit Mountain to Reimagine a Supportive Path to Loan Approval](https://thecreditunionconnection.com/financial-plus-partners-with-credit-mountain-to-reimagine-a-supportive-path-to-loan-approval/): Financial Plus Credit Union is proud to announce a new partnership with Credit Mountain, a Credit Union Service Organization-built platform that empowers borrowers through personalized financial education, digital credit counseling, and real-time progress tracking. Through this partnership, Financial Plus will introduce the Warm Decline—a reimagined and redesigned credit decline process that meets members with empathy and offers a clear path to loan eligibility. Applicants will have access to a digital experience where they can choose financial goals, follow a personalized action plan, and access tools and education to improve their financial health. “We understand that applying for a loan and […] - [5 self-service banking trends for credit unions to watch ](https://thecreditunionconnection.com/five-self-service-banking-trends-for-credit-unions-to-watch/): Joe Gallagher, SVP of products, NCR Atleos Members continue to show an increasing preference for self-service options, prompting credit unions across the country to re-evaluate their technology and member service strategies. Institutions are exploring how they can leverage the self-service channel, including ATMs and ITMs, to enhance their branch footprints, introduce new features and functionality, strengthen member experiences and ultimately expand financial access.  The credit unions that properly approach and prioritize self-service channels will be well-positioned to grow and succeed. As plans are made for the future of self-service banking, the following trends should be kept top of mind.  The […] - [Silverhill Couple Wins PenAir Credit Union Financial Fitness Competition](https://thecreditunionconnection.com/silverhill-couple-wins-penair-credit-union-financial-fitness-competition/): PenAir Credit Union (PenAir) announced the winners of its 2024-25 NOW Program, a seven-month competition designed to help participants boost savings and reduce debt. Pete and Carolyn DiPaolo, a retired couple from Silverhill, Ala., took first place and received a $10,000 cash prize. “We realized there were things we didn’t know and learned a lot,” said Pete DiPaolo. “We became much more financially aware of what we needed to do and how to do it.” The NOW Program is one of the many ways PenAir Credit Union brings its purpose of Enhancing Lives to life. By pairing participants with certified financial […] - [Luminate Foundation Announces Judy DeLucca as 2025 Legends Award Recipient](https://thecreditunionconnection.com/luminate-foundation-announces-judy-delucca-as-2025-legends-award-recipient/): The Luminate Foundation is proud to announce Judy DeLucca, President and CEO of New Orleans Firemen’s Federal Credit Union (NOFFCU), as the recipient of the 2025 Legends Award—the Foundation’s highest honor recognizing transformational leadership and lifetime achievement in advancing financial equity and resilience. In 2014, DeLucca was inducted into the Louisiana Credit Union Hall of Fame, honoring her contributions to the state’s credit union movement. A trailblazer and visionary, Judy DeLucca has redefined what it means to serve through a credit union. Over an extraordinary 45-year career, she transformed NOFFCU into a national model for financial empowerment, reaching its members with […] - [The PenFed Foundation for Military Heroes Wins Shorty and Telly Awards for Content Supporting Veterans](https://thecreditunionconnection.com/the-penfed-foundation-for-military-heroes-wins-shorty-and-telly-awards-for-content-supporting-veterans/): The PenFed Foundation for Military Heroes today announced it received the Audience Honor Shorty Award in the Call to Action Category for The Least We Can Do (The PenFed Foundation for Military Heroes Song) and a Bronze Telly Award in the General Social Impact category for its video Art That Saves: The PenFed Foundation for Military Heroes and CreatiVets. “We are especially excited to be honored for ‘The Least We Can Do’ and ‘Art that Saves’ because they speak to the heart of our mission, encouraging everyone to give back to our veterans and inspiring veterans who are transitioning from service,” said The PenFed Foundation for Military Heroes President Andrea McCarren. “The […] - [Illinois Legislature Delays IFPA Implementation; DCUC & IL CU League Call for Full Repeal](https://thecreditunionconnection.com/illinois-legislature-delays-ifpa-implementation-dcuc-calls-for-full-repeal/): The Defense Credit Union Council (DCUC) issues the following statement following the Illinois General Assembly’s recent vote to delay implementation of the Interchange Fee Prohibition Act (IFPA). While this vote provides temporary relief to every state- chartered bank, credit union, small business, and cardholder in Illinois, the bill now awaits Governor Pritzker’s signature: “For credit unions, interchange fees are not a profit center — they help fund the essential infrastructure that keeps the payments system secure and functional. These fees support fraud detection, cybersecurity, transaction processing, and the convenience that consumers expect when they use a credit or debit card. […] - [RRCU Awards 10 Scholarships to Outstanding Senior Students](https://thecreditunionconnection.com/rrcu-awards-10-scholarships-to-outstanding-senior-students/): RRCU is proud to announce the awarding of ten $1500 scholarships to outstanding high school seniors as part of its ongoing commitment to education and community support. These scholarships recognize the hard work, dedication, and achievements of local students, empowering them to pursue higher education, begin their journey into financial education and achieve their academic dreams. Congratulations to: Brooklynne Shaw (Ford High School), Emma Campbell (Redwater High School), Jacelyn Brown (Fouke High School), Kabrean King (Arkansas High School), Kaeden Lichty (Hooks High School), Keele Youngblood (Atlanta High School), Kimberli Garica Olade (Texas High School), Noah Griffin (Pleasant Grove High School), […] - [Credit Union of Texas Achieves Nearly 10% Enrollment with Spiral in Just 60 Days](https://thecreditunionconnection.com/credit-union-of-texas-achieves-nearly-10-enrollment-with-spiral-in-just-60-days/): CUTX doubles its Save the Change program adoption in just 60 days, with over 13% of members now using Spiral daily and surpassing 700,000 transactions to date. Credit Union of Texas (CUTX) has always been committed to helping its members save effortlessly while giving back to their communities. For five years, CUTX’s Save the Change program allowed members to round up their debit card purchases and automatically transfer the spare change into their savings accounts or make charitable contributions to the CUTX Foundation. However, the program required in-branch enrollment with limited accessibility and high internal resources. That all changed when CUTX […] - [NCUA Prohibits One Individual; Terminates Cease & Desist Order In May 2025](https://thecreditunionconnection.com/ncua-prohibits-one-individual-terminates-cease-desist-order-in-may-2025/): The National Credit Union Administration issued one prohibition order in May 2025. The individual named below is permanently prohibited from participating in the affairs of any federally insured depository institution. Notice of Prohibition: Also, the NCUA terminated the following cease and desist order after the credit union fulfilled the terms and requirements, and the NCUA Board, through its Eastern Regional Director, terminated the order. The NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union […] - [NCR Atleos Ranked #12 on Newsweek’s List of the 2025 Top 100 Global Most Loved Workplaces®](https://thecreditunionconnection.com/ncr-atleos-ranked-12-on-newsweeks-list-of-the-2025-top-100-global-most-loved-workplaces/): NCR Atleos today announced it was ranked #12 in Newsweek’s prestigious 2025 Top 100 Global Most Loved Workplaces® list. Atleos previously announced its certification as a Most Loved Workplace. The Top 100 Global Most Loved Workplaces® list is based on research from Best Practice Institute’s (BPI) Love of Workplace Index®, drawing on data from more than two million employees worldwide. Companies featured have demonstrated extraordinary commitment to building cultures of trust, respect, purpose, and employee connection, regardless of size, location, or industry. “We are honored to be included on the Global Most Loved Workplaces® list by Newsweek,” said Andrea Burson, Executive Vice President […] - [Credit Unions Recognize Team Member Achievements; Greylock Federal Announces Promotion of New Branch Manager](https://thecreditunionconnection.com/credit-unions-recognize-team-member-achievements-greylock-federal-announces-promotion-of-new-branch-manager/): A few credit unions, including PenFed Credit Union and American Heritage Credit Union recognized their team members for their achievements, and Greylock Federal Credit Union announced the promotion of a new Branch Manager for one of its branches. Recognitions: Promotions: Appointments: - [Addition Financial Volunteers Revitalize Children’s Safety Village Ahead of Summer Season](https://thecreditunionconnection.com/addition-financial-volunteers-revitalize-childrens-safety-village-ahead-of-summer-season/): Credit Union Supports Lifesaving Youth Education with Hands-On Community Service As families across Central Florida prepare for a busy summer of camps and swimming lessons, Addition Financial Credit Union is helping ensure local children have a safe and welcoming place to learn essential safety skills. On May 27, more than 20 Addition Financial team members volunteered their time to refresh and beautify the campus at Children’s Safety Village of Central Florida. Team members from Addition Financial branches and departments donated their time painting, landscaping, and organizing the facilities, all in preparation for the nonprofit’s busy summer season. The Children’s Safety Village provides critical […] - [Reliant Credit Union Donates $5,000 to Friends of Willow Park](https://thecreditunionconnection.com/reliant-credit-union-donates-5000-to-friends-of-willow-park/): Reliant Credit Union recently donated $5,000 to Friends of Willow Park to support the building of an inclusive park for the community.  Reliant’s contribution reflects the credit union’s commitment to making a positive impact in the areas it serves. The check presentation took place on Monday, May 12, at Willow Park in Sodus Point. Friends of Willow Park’s goal is to build a year-round, all abilities, multi-generational park for the community to enjoy physical and social wellness. It will be an inclusive destination that will attract families from surrounding regions. “At Reliant, we believe in supporting initiatives that bring people […] - [First Tech Federal Credit Union Launches Spotlight on Tech Initiative](https://thecreditunionconnection.com/first-tech-federal-credit-union-launches-spotlight-on-tech-initiative/): New initiative under the First Tech Beyond program to celebrate the contributions of emerging tech companies and tech-related nonprofits First Tech Federal Credit Union (First Tech) announced its new “Spotlight on Tech” initiative as part of the First Tech Beyond™ program where each month, First Tech will highlight one of its local Portland Metro area Select Employer Group (SEG) companies or a tech-related nonprofit through its sports partnerships with the Portland Timbers, Thorns, WNBA Portland, and Trail Blazers. The First Tech Beyond program, under the theme ‘Innovation Has No Offseason,’ celebrates the relentless pursuit of excellence by both the tech and sports communities. Through its sports sponsorships, First […] - [FinTech Innovator Vontive Launches AI-Powered Data Suite to Make Access to Private Credit in Real Estate Scalable and Efficient](https://thecreditunionconnection.com/fintech-innovator-vontive-launches-ai-powered-data-suite-to-make-access-to-private-credit-in-real-estate-scalable-and-efficient/): Vontive today announced several first-of-their-kind data products designed to transform how private capital flows into investment real estate. Before Vontive, the entire credit asset lifecycle—from origination and underwriting to servicing and aggregation—had to be done manually. Vontive’s platform automated these processes, and its latest features add an unprecedented level of insight, intelligence, and efficiency to facilitate investments. Separately, Vontive also announced an equity investment from Citi and its first $150 million revolving securitization, further highlighting Vontive’s momentum in driving private credit real estate investment at scale. “Vontive has created the intelligent data backbone necessary to fundamentally change access to private credit […] - [Eltropy Launches Office Phone to Unify Telephony for Credit Unions and Community Banks](https://thecreditunionconnection.com/eltropy-launches-office-phone-to-unify-telephony-for-credit-unions-and-community-banks/): Cloud-based Unified Telephony platform modernizes office phone and contact center operations while eliminating vendor complexity Eltropy unveiled “Eltropy Office Phone,” a cloud-native business phone system that integrates with AI-powered modern contact center systems such as Eltropy Voice+ to deliver an enterprise-wide Unified Telephony Experience. “With Eltropy Office Phone, we’re completing the final mile of telephony transformation for credit unions and community banks,” said Ashish Garg, Co-founder & CEO, Eltropy. “For too long, institutions have been forced to juggle fragmented systems for internal and external communications. Now, with Unified Telephony, we’re delivering one seamless, cloud-native telephony purpose-built to power every conversation […] - [Idaho Central Credit Union Finances New AC Hotels by Marriott in Kennewick, Washington](https://thecreditunionconnection.com/idaho-central-credit-union-finances-new-ac-hotels-by-marriott-in-kennewick-washington/): MHR Capital Group, a Bellevue-based private investment firm focused on strategic real estate and private equity ventures, has announced the groundbreaking and commencement of construction on a new AC Hotels by Marriott in Kennewick, Washington. Developed in partnership with A1 Hospitality Group and Fowler Construction, this project represents a significant new hospitality asset in the Tri-Cities region. The project is structured as a Qualified Opportunity Zone Business, providing investors with significant long-term tax advantages under the Opportunity Zone program established by the 2017 Tax Cuts and Jobs Act. The debt portion was financed by Idaho Central Credit Union (ICCU) via Bellevue Capital […] - [Credit Unions Embrace Blockchain to Leverage the Future of Trustworthy Financial Services](https://thecreditunionconnection.com/credit-unions-embrace-blockchain-to-leverage-the-future-of-trustworthy-financial-services/): In a bold step toward modernizing financial services, credit unions are exploring blockchain technology to deliver faster payments, stronger fraud protection, and smarter digital tools, all while staying true to their mission of people-first financial services. As the financial landscape evolves, credit unions are proving they’re not just keeping up; they’re leading the way. By embracing blockchain, they’re building a future where everyday banking is faster, safer, and more accessible, especially for the communities they’ve always served. Through a new partnership between Metallicus, the developer of Metal Blockchain, and GoWest Solutions, credit unions across the west are gaining access to an Innovation […] - [CapEd Credit Union Selects Ray Lindley as CEO](https://thecreditunionconnection.com/caped-credit-union-selects-ray-lindley-as-ceo/): CapEd Credit Union has selected Ray Lindley to serve as its new President/Chief Executive Officer (CEO). “We’re excited to welcome Ray as our next President/CEO,” says Barbara Olic-Hamilton, Board Chair for CapEd Credit Union. “His authentic, people-focused leadership style starts from his belief that he can learn something from everyone, so he builds time in his schedule to meet with every employee on a regular basis. Ray believes that you grow a workforce by listening to other opinions. He will guide CapEd into the future and ensure that our top priority remains members’ trust and their financial well-being.” A senior […] - [American Heritage Credit Union Awards 30 High School Senior Members with Annual Cecilia B. Grady Scholarship for the 2025 Program](https://thecreditunionconnection.com/american-heritage-credit-union-awards-30-high-school-senior-members-with-annual-cecilia-b-grady-scholarship-for-the-2025-program/): American Heritage Credit Union (“American Heritage”) awarded 30 high school senior members with a $1,000 scholarship to help ease the financial burden of higher education expenses. American Heritage’s Scholarship Committee selected the 2025 recipients based on their scholarly merits, community and school involvement, a letter of recommendation, credit union eligibility, and a submitted essay describing how they are dedicated to ensuring they achieve their goals and growing professionally within the next five years. This year, American Heritage invited the scholarship recipients to its Scholarship Banquet at American Heritage’s Main Campus to celebrate these deserving students and their achievements. The Scholarship […] - [Gesa Credit Union Awards More Than $145,000 in Scholarships to 43 Students Across the Pacific Northwest](https://thecreditunionconnection.com/gesa-credit-union-awards-more-than-145000-in-scholarships-to-43-students-across-the-pacific-northwest/): Gesa continues its long-standing investment in student success across the communities it serves Gesa today announced the recipients of its Scholarship Program for the 2025–2026 academic school year. This year, the program awarded more than $145,000 in scholarships to 43 students across the Pacific Northwest.  Since 1987, Gesa has awarded more than $1.2 million in scholarships to students who have active student loans, are entering college for the first time, are continuing to pursue higher education, or are interns in the credit union’s High School Credit Union (HSCU) Program.  Through the HSCU Program, student interns help operate fully functional, student-run branches […] - [DCUC Statement: CFPB’s Proposed Rescission of Section 1033 Open Banking Rule](https://thecreditunionconnection.com/dcuc-statement-cfpbs-proposed-rescission-of-section-1033-open-banking-rule/): The Defense Credit Union Council (DCUC) applauds the recent indication by the Consumer Financial Protection Bureau (CFPB) of its intent to rescind the Section 1033 Personal Financial Data Rights rule, as reported on May 25, 2025. Throughout the rulemaking process, DCUC has maintained that while the proposed rule sought to enhance consumer access to financial data and increase market competition, it also posed significant concerns for credit unions and their members. These concerns centered around the rule’s potential to inadvertently expose credit unions to heightened reputational and operational risks—particularly through third-party access and potential mishandling of shared data. “The cooperative, […] - [Affinity Federal Credit Union Announces 2025 Wellbeing Awards Honorees](https://thecreditunionconnection.com/affinity-federal-credit-union-announces-2025-wellbeing-awards-honorees/): The awards celebrate individuals and organizations that make a meaningful impact on the wellbeing of communities across New Jersey Affinity Federal Credit Union (“Affinity”) has named the recipients of its second-annual Wellbeing Awards, an initiative designed to recognize outstanding contributions to financial, community, and physical wellbeing across New Jersey. Rooted in Affinity’s commitment to the holistic wellbeing of its members and communities, the awards were created to honor individuals and organizations making meaningful impacts. Award criteria included measurable impact, innovation, and a deep commitment to enhancing the lives of others. This year’s honorees exemplify resilience, purpose, and alignment with Affinity’s mission […] - [Bay Federal Credit Union Invests in the Future by Awarding $4,500 in Local Scholarship](https://thecreditunionconnection.com/bay-federal-credit-union-invests-in-the-future-by-awarding-4500-in-local-scholarship/): Three members recognized for their academic goals, community focus, and commitment to financial wellness Bay Federal Credit Union is pleased to announce the winners of its 2025 Education Scholarship: James Parker, Laura Hodges, and Spike Sorensen. Each student will receive a $1,500 scholarship to support their educational journey.  Over the years, Bay Federal has awarded more than $94,000 in scholarships to help local students thrive in higher education.  “Every year, our scholarship recipients inspire us with their drive and commitment to building a brighter future,” said Carrie Birkhofer, Bay Federal’s President and CEO. “We’re honored to support these incredible individuals […] - [Six Area Financial Services CUSO Credit Unions Select Mahalo Banking](https://thecreditunionconnection.com/six-area-financial-services-cuso-credit-unions-select-mahalo-banking/): Selection follows in-depth evaluation, affirming provider’s platform innovation and deep industry expertise Mahalo Banking today announced the addition of six new credit union partners through a strategic relationship with Area Financial Services (AFS), a CUSO focused on data processing and technology services. These new partnerships underscore Mahalo’s rising impact among credit unions seeking a modern digital experience that prioritizes innovation, member-centric usability, and seamless core compatibility with Corelation KeyStone. The credit unions – Directions Credit Union, Firelands Federal Credit Union, Fremont Federal Credit Union, Glass City Federal Credit Union, Impact Credit Union, and Midwest Community Federal Credit Union – selected […] - [Keesler Federal Merger with Jefferson Financial Approved by Members](https://thecreditunionconnection.com/keesler-federal-merger-with-jefferson-financial-approved-by-members/): With the merger, Keesler Federal Credit Union will add more than $700M in assets, 14 branch locations in Greater New Orleans, and 45,000 new members Keesler Federal Credit Union announced today that its proposed merger with Jefferson Financial Federal Credit Union was overwhelmingly approved by Jefferson Financial members. The way is now clear for the two credit unions to become one legal entity on July 1, 2025. The merger represents the largest credit union merger in Louisiana and Mississippi history. As the surviving credit union, Keesler Federal Credit Union will retain its name. As of July 1, Jefferson Financial will conduct business as “Jefferson Financial Federal Credit Union – a division of Keesler […] - [Consumer Confidence Sees Sharpest Annual Decline Since 2020 per WalletHub](https://thecreditunionconnection.com/consumer-confidence-sees-sharpest-annual-decline-since-2020-per-wallethub/): What credit union leaders need to know about shifting member behavior and economic uncertainty Consumer confidence is faltering at a pace we’ve not experienced in years. The latest WalletHub Economic Index found that consumers feel 27% less confident about their financial outlook this month than they did one year ago. This is the sharpest yearly drop in consumer confidence recorded since December 2020 and puts sentiment at its fifth-lowest point in the past five years. “The 27% decrease in consumer sentiment over the past year is a worrying sign that our economic recovery may be stalling, and it demonstrates that people are […] - [All In Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/all-in-credit-union-selects-upstart-for-personal-lending/): All In Credit Union has announced its partnership with Upstart (NASDAQ: UPST) to offer personal loans to more consumers. “All In Credit Union’s mission is to enrich the lives of our members and communities through the best products and services, so that members can focus on living their best life,” said Todd Peeples, SVP of Sales & Lending at All In Credit Union. “By partnering with Upstart, we’re expanding our membership digitally while lending to more underserved, creditworthy borrowers with an affordable personal loan.” All In Credit Union started lending as a partner on the Upstart Referral Network in March […] - [Eat or Be Eaten: Why AI is Non-Negotiable for Credit Unions, According to Zest AI](https://thecreditunionconnection.com/eat-or-be-eaten-why-ai-is-non-negotiable-for-credit-unions-according-to-zest-ai/): In an insightful interview at GAC 2025, Sarah Snell Cooke of The Credit Union Connection sat down with Mike de Vere, CEO of Zest AI, to discuss the transformative power of AI in the credit union industry. De Vere, a seasoned expert with over 15 years in the AI space, highlighted how Zest AI is revolutionizing lending decisions and fraud protection for credit unions. De Vere emphasized that Zest AI has been perfecting the use of AI since 2009, long before it became a mainstream buzzword. Their core mission is to help credit unions make crucial lending decisions, displacing outdated […] - [Cassidy Introduces legislation to Modernize Credit Union Boards](https://thecreditunionconnection.com/cassidy-introduces-legislation-to-modernize-credit-union-boards/): U.S. Senator Bill Cassidy, M.D. (R-LA) introduced the Credit Union Board Modernization Act to revise an antiquated federal law requiring credit union boards to meet every month. By reducing unnecessary board meetings, the bill alleviates regulatory burdens and enables credit unions to concentrate on their core mission of serving their members’ financial needs. Credit unions should be able to focus on serving their community rather than more bureaucracy. This is a silly rule. Repeal it,” said Dr. Cassidy. Cassidy was joined by U.S. Senators Bill Hagerty (R-TN) and Lisa Blunt Rochester (D-DE) in introducing the legislation. Current law for Credit Union Board Meetings requires all federal credit unions, regardless of performance, to hold monthly board meetings, imposing […] - [Five Credit Unions Form CUSO Edge, LLC ](https://thecreditunionconnection.com/five-credit-unions-form-cuso-edge-llc/): New Credit Union Service Organization to Provide Advisory Services for CUSO Growth  A consortium of five credit unions (4Front Credit Union, Community Choice Credit Union, ELGA Credit Union, Team One Credit Union, and Honor Credit Union) today announced the formation of a CUSO support company called CUSO Edge (www.cusoedge.com).   CUSO Edge will focus on supporting Credit Union Service Organizations (CUSOs) and their owner credit unions by providing advisory services aimed at enhancing: The newly elected officers are Chairperson Rob Bava (Community Choice CU), Vice Chairperson Heather Luciani (Honor CU), and Secretary/Treasurer Derrick Barber (TeamOne CU).   Credit union industry […] - [The Credit Union Impact Foundation Announces 2025 Grant Recipients](https://thecreditunionconnection.com/the-credit-union-impact-foundation-announces-2025-grant-recipients/): The Credit Union Impact Foundation is pleased to announce the recipients of the 2025 Community Impact and Credit Union Development Grants. These grants are a powerful way to support the great work being done by credit unions to enhance financial wellness and community prosperity, as well as foster growth and sustainability within their own operations. We are proud to recognize the following credit unions for their commitment to making a positive impact in their communities: Community Impact Grant AwardeesThese grants, powered by Vizo Financial, help credit unions break down barriers to financial wellness and support projects that promote financial literacy, […] - [Desert Financial Credit Union, Incent Partner to Engage Next-Generation of Members](https://thecreditunionconnection.com/desert-financial-credit-union-incent-partner-to-engage-next-generation-of-members/): Credit union reports 32% increase in youth accounts following successful launch of Kickstart account for kids Incent, a leading provider of family and youth digital banking solutions for banks and credit unions, announced today Arizona-based Desert Financial Credit Union (480,000 members, >$9 billion in assets under management) selected its youth engagement platform. The credit union launched Kickstart, powered by Incent, to provide kids and teens with a free program and checking account that teaches younger members how to budget, save and spend money safely with adult supervision. Since launching in Fall 2024, Kickstart has sustained upward growth and received an overwhelmingly positive […] - [Kachinga Chooses Sensedia in First-of-Its-Kind Fintech Solution to Support Youth Banking, Financial Education, and Strategic Member Growth](https://thecreditunionconnection.com/kachinga-chooses-sensedia-in-first-of-its-kind-fintech-solution-to-support-youth-banking-financial-education-and-strategic-member-growth/): New Customer Win Brings Cutting-edge Support to Kachinga’s Offerings and Accelerates Sensedia’s Market Expansion Sensedia, a leading API management and integration firm, today welcomed new customer Kachinga, a leading innovator in financial literacy for kids and teens, to enhance youth banking. Today’s youth financial literacy crisis is real – 54% of Americans live paycheck to paycheck, and most teens are entering adulthood without the tools to manage money confidently. Credit unions are uniquely positioned to change that, and now they have a partner to help them do it at scale. Kachinga delivers a turnkey, white-labeled youth banking and financial education app […] - [Cobalt Credit Union Selects Upstart for Personal Loans, HELOCs, and Auto Refinance](https://thecreditunionconnection.com/cobalt-credit-union-selects-upstart-for-personal-loans-helocs-and-auto-refinance/): Cobalt Credit Union (Cobalt), a leading credit union serving 115,000 members across the country with over $1.3 billion in assets, has announced its partnership with Upstart to offer personal loans, HELOCs and auto refinance loans to more consumers. “To support Cobalt’s mission of being our members’ trusted financial partner through every stage of life, we’re focused on expanding our digital reach to deliver more accessible, tailored loan solutions,” said Robin Larsen, president and CEO of Cobalt Credit Union. “By partnering with Upstart across its secured and unsecured products, we’re able to offer competitive rates online, deploy capital with greater flexibility, […] - [SWIVEL® and Paydoff Partner to Empower Financial Institutions](https://thecreditunionconnection.com/swivel-and-paydoff-partner-to-empower-financial-institutions/): Smarter Collections and Seamless Payment Engagement SWIVEL®, a leading digital payments solutions company, is excited to announce a new strategic integration with Paydoff, a cutting-edge collections automation and engagement provider for financial institutions. This partnership delivers a powerful and unified solution that empowers credit unions to enhance collections operations while offering an intuitive, frictionless member experience. Key benefits of the integration include: “Many of today’s credit unions are seeking ways to modernize collections while offering more flexibility to their members,” said Cory McDaniel, SVP, Business Strategy at SWIVEL. “This integration with Paydoff supports that goal by combining automation, personalization, and secure […] - [Alkami's Generational Trends in Digital Banking Consumer Study Reveals Insights for Establishing Primacy](https://thecreditunionconnection.com/alkamis-generational-trends-in-digital-banking-consumer-study-reveals-insights-for-establishing-primacy/): Alkami Technology, Inc. has announced the release of its new national research study conducted in partnership with Jason Dorsey and The Center for Generational Kinetics (CGK). The report, titled Anticipatory Banking: Establishing Primacy Across Generations Through Digital Sales and Service, reveals significant generational shifts in how digital banking Americans engage with financial institutions—and what they demand next. The insights in this report are aimed to help bank and credit union leaders navigate an increasingly dynamic financial services spectrum from traditional to digital, by uncovering hidden generational behaviors, unmet needs, and emerging opportunities – identifying moments where the right digital experience, data-driven interaction, or artificial […] - [The MCU Foundation Grants Over $250K in Scholarships to Local High School Graduates](https://thecreditunionconnection.com/the-mcu-foundation-grants-over-250k-in-scholarships-to-local-high-school-graduates/): 51 rising college students across the New York City region will each receive a $5,000 scholarship to support their educational expenses as part of MCU’s ongoing commitment to building brighter futures for all New Yorkers. The MCU Foundation, the charitable arm of Municipal Credit Union, announced at their annual scholarship dinner that 51 high school seniors and recent graduates have been selected to receive its 2025 scholarship award. Funded by $250,000 from the Foundation and additional support from MCU leadership, each student was provided $5,000 to help cover future educational costs. With education as a core pillar of the MCU Foundation’s focus on empowering New Yorkers to build […] - [Security Benefit’s RIA Economic Outlook Index Rises to 60 as Advisors Grow More Optimistic About the Economic Environment](https://thecreditunionconnection.com/security-benefits-ria-economic-outlook-index-rises-to-60-as-advisors-grow-more-optimistic-about-the-economic-environment/): More than half of advisors believe inflation will remain between 2-2.9% in light of further tariff negotiations, though nearly half believe a moderate recession could be in sight. Registered investment advisors (RIAs) are feeling better about inflation according to the latest RIA Economic Outlook Index released by Security Benefit in partnership with Greenwald Research. For Q2, 6 in 10 now expect inflation to be under 3% in the next twelve months. This tracks with the latest reading of the personal consumption expenditure price index which dropped to 2.1% in April, according to the Bureau of Economic Analysis.1 With the sharp increase […] - [Citadel Credit Union Announces First Philadelphia Branch, A Space for Banking, Learning, and Community](https://thecreditunionconnection.com/citadel-credit-union-announces-first-philadelphia-branch-a-space-for-banking-learning-and-community/): Citadel Credit Union today announced it has signed a lease for its first Philadelphia branch, marking the beginning of a bold new chapter in community-centered banking. Opening in Overbrook Park at 7557-61 Haverford Ave. in early 2026, the branch will go beyond traditional banking, offering a community room for local nonprofits, financial workshops, and neighborhood gatherings. At 2,880 square feet, it will be one of Citadel’s largest branches. The branch, which will mark Citadel’s 25th location, is one of several Citadel has committed to open in Philadelphiaas part of an investment that extends well beyond a physical presence, reflecting a long-term commitment to […] - [North Coast Credit Union Selects Mahalo Banking to Deliver Personalized, Core-Integrated Digital Experience](https://thecreditunionconnection.com/north-coast-credit-union-selects-mahalo-banking-to-deliver-personalized-core-integrated-digital-experience/): Credit union to offer intuitive digital banking access and deeper member engagement North Coast Credit Union (‘North Coast’) today announced its selection of Mahalo Banking to upgrade its digital banking capabilities. The credit union chose the Thoughtful Banking® solution to deliver a more secure, accessible, and personalized experience across online and mobile channels. North Coast valued Mahalo’s ability to enhance existing functionality tailored to members’ daily needs while also supporting future growth through its strong connectivity with the Corelation Keystone core platform. The partnership will equip members with more advanced tools to manage their finances while optimizing internal staff workflow […] - [Business Members Can Now Onboard Online at America First Credit Union via Loquat](https://thecreditunionconnection.com/business-members-can-now-onboard-online-at-america-first-credit-union-via-loquat/): Time-consuming, manual process for business account opening can now be completed in minutes—online, in-app, or in-branch Loquat Inc. today announced that business members at America First Credit Union (America First) may now open and fund accounts quickly and easily through a new cloud-based onboarding platform. The solution reflects small business owners’ need for simplified onboarding, and removes paperwork, wait times, and multiple branch visits from the process. “This marks a new chapter in how we serve our business members,” said Karey Thomas, senior vice president of branch delivery at America First Credit Union. “Opening a business account used to mean […] - [Is a Loan Originator Compensation Rewrite on the Horizon? Yes, according to the CFPB ](https://thecreditunionconnection.com/is-a-loan-originator-compensation-rewrite-on-the-horizon-yes-according-to-the-cfpb/): Henry Meier, The Law Firm of Henry C. Meier, Esq. Buckle up, loan officers, because many of the restrictions on your pay spawned by the housing crisis could disappear. Toward the end of the first week of June, the CFPB submitted to the Office of Management and Budget (OMB) proposed regulations that would, among other things, address existing Loan Originator Compensation requirements under Regulation Z. Notice of the submittal to the OMB was not coupled with a public release of the proposed amendments, but it means proposed changes could be coming soon. Still, the fact that the CFPB is considering […] - [83% of Americans Are Worried About AI-Powered Fraud, but Many Also Trust AI to Help Stop It](https://thecreditunionconnection.com/83-of-americans-are-worried-about-ai-powered-fraud-but-many-also-trust-ai-to-help-stop-it/): Survey finds challenges and opportunities for financial institutions as consumers shift to digital transactions. A growing number of Americans are sounding the alarm on AI-driven fraud with many feeling unprepared and lacking adequate protections, according to a new survey from Abrigo. The survey found that over 83% of respondents have concerns about AI-powered fraud and nearly 60% are either “extremely” or “very” concerned about AI-based fraud, presenting significant concerns for the future of banking and payments. Financial fraud is on the rise nationwide, driven by the growing volume of digital transactions, increasing data breaches that expose personal information, and the […] - [Community First Credit Union of Florida Announces New Chief Lending Officer](https://thecreditunionconnection.com/community-first-credit-union-of-florida-announces-new-chief-lending-officer/): Community First Credit Union of Florida and D. Hilton Associates announce the appointment of Amanda Whitson, as its chief lending officer (CLO). With over 20 years of experience in lending and retail operations, Whitson brings a strong track record of innovation, operational excellence, and leadership to the role. Whitson most recently served as senior vice president of lending at Georgia United Credit Union, where she led initiatives that doubled the loan portfolio in five years and reduced lending errors by 90%. Her strategic implementation of digital lending platforms and data-driven processes significantly enhanced both efficiency and the member experience. A recipient […] - [VyStar Credit Union Expands Financial Fitness Efforts with “Smart Spending Giveaway” Initiative Following Savings Challenge Success](https://thecreditunionconnection.com/vystar-credit-union-expands-financial-fitness-efforts-with-smart-spending-giveaway-initiative-following-savings-challenge-success/): VyStar’s Innovative Approach to Financial Wellness in the Credit Era Building on the overwhelming success of its VyStar Savings Challenge, which empowered tens of thousands of people to improve their financial health, VyStar Credit Union is launching Smart Spending Giveaway. This education-based campaign is designed to help individuals use credit cards responsibly and confidently, especially as more people rely on credit for everyday purchases and seek ways to maximize benefits while avoiding unnecessary debt.   As more individuals use credit cards for everyday purchases, understanding how to use them wisely is essential.  Credit card balances are at an all-time high, and balances […] - [First Financial Recognized as Best Bank/Credit Union by Baltimore Sun Readers](https://thecreditunionconnection.com/first-financial-recognized-as-best-bank-credit-union-by-baltimore-sun-readers/): First Financial Federal Credit Union proudly announces that readers of The Baltimore Sun have once again voted First Financial as Baltimore’s Best Bank/Credit Union. This is the second consecutive win for the Credit Union and the fourth in six years. Each year, the Baltimore Sun conducts a “Reader’s Choice Baltimore’s Best” online poll that recognizes businesses and organizations throughout the Baltimore area for their exceptional commitment to local service and customer experience. “We’re so proud and honored to be chosen for this award, thanks to the unwavering support of our loyal members and community,” said First Financial President and CEO, Eric Church, […] - [Forbes Names Genisys Credit Union Among Top Credit Unions in Michigan for the 6th Straight Year](https://thecreditunionconnection.com/forbes-names-genisys-credit-union-among-top-credit-unions-in-michigan-for-the-6th-straight-year/): Genisys Credit Union receives recognition as the #2 Best Credit Union in Michigan by Forbes in their annual “America’s Best-In-State Credit Unions” for 2025, marking its sixth consecutive year receiving this honor. “This recognition belongs to our members and our communities,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “At Genisys, our mission extends beyond financial services; we aim to make a meaningful impact in people’s lives, from financial empowerment to community enrichment.” Forbes partnered with market research firm Statista to survey 26,000 US consumers. Participants were asked to rate banks and credit unions where they have a […] - [United Federal Credit Union Named Kentico’s May 2025 Site of the Month](https://thecreditunionconnection.com/united-federal-credit-union-named-kenticos-may-2025-site-of-the-month/): United Federal Credit Union (United) is proud to announce that its newly redesigned website has been named the May 2025 Site of the Month by Kentico, a global leader in digital experience platforms.  The award recognizes United’s successful digital transformation in partnership with SilverTech, Inc., which involved migrating from a costly and complex Sitecore platform to the more agile and user-friendly Xperience by Kentico. The new website delivers a bold, user-centric design that enhances the digital banking experience for United’s members.  “Receiving this recognition from Kentico is a testament to our commitment to innovation and member service,” said Kaylee Ganus, […] - [Space Coast Credit Union Expands Footprint to Orlando with Two New Branches ](https://thecreditunionconnection.com/space-coast-credit-union-expands-footprint-to-orlando-with-two-new-branches/): Space Coast Credit Union (SCCU) is proud to announce its expansion to the Orlando market with the upcoming openings of two full-service, new branches in Waterford Lakes and Avalon Park. SCCU will create approximately 10 new jobs in the Orlando area, strengthening its presence and investing in the local economy. The expansion will also support SCCU’s existing and growing base of more than 19,000 members in Orlando, enhancing access to convenient in-person banking experiences.  “At Space Coast Credit Union, we always look for opportunities to expand our branch network where it benefits our membership. That is always our first priority,” […] - [MSUFCU Desk Drawer Foundation Donates $20,000 to Community Organizations](https://thecreditunionconnection.com/msufcu-desk-drawer-foundation-donates-20000-to-community-organizations/): The MSUFCU Desk Drawer Foundation (DDF), the philanthropic arm of MSU Federal Credit Union (MSUFCU), recently announced it awarded $20,000 in grants to Grit Glam Guts (GGG) and Habitat for Humanity Grand Traverse Region. “We are honored to partner with these outstanding community organizations through our latest round of grants,” said Foundation Executive Director Rebecca Surian. “Their dedication to youth empowerment and stable housing in our communities is truly inspiring, and we are confident these funds will support them in making an even greater impact.” Founded in 2019, the Foundation focuses on five philanthropic pillars as it fulfills its mission to partner […] - [BrightBridge Credit Union Awards $27,500 in Scholarships](https://thecreditunionconnection.com/brightbridge-credit-union-awards-27500-in-scholarships/): 19 local graduating seniors received financial support from the credit union On Wednesday, June 11, BrightBridge Credit Union (BrightBridge) awarded a total of $27,500 in scholarships to 19 graduating seniors from schools throughout Massachusetts and southern New Hampshire. The students were honored with a ceremony and dinner with BrightBridge’s senior leadership team at the credit union’s corporate office in Lawrence, Massachusetts. Two of the scholarship awards honor members of the BrightBridge and former RTN Federal Credit Union communities. The Lisa Lewis Goodman Community Spirit Award of $2,500 honors one student who embodies a spirit of generosity, kindness and selflessness by […] - [SchoolsFirst FCU Recognizes Four San Diego School Superintendents at the Classroom of the Future Foundation Innovation in Education Awards](https://thecreditunionconnection.com/schoolsfirst-fcu-recognizes-four-san-diego-school-superintendents-at-the-classroom-of-the-future-foundation-innovation-in-education-awards/): SchoolsFirst Federal Credit Union presented the Innovative Superintendent and Team Award to four school district leaders in San Diego County during the 22nd Annual Classroom of the Future Foundation (CFF) Innovation in Education Awards program held May 15 at SeaWorld San Diego. SchoolsFirst FCU sponsored and presented the award to educational leaders for pioneering innovative programs that model the future of K-12 education. Josh Smith, vice president, school and community relations for SchoolsFirst FCU, recognized the following superintendents: “For more than two decades, the Classroom of the Future Foundation has celebrated the visionary work happening in San Diego County schools,” said Smith of […] - [California Credit Union Foundation Awards 20 Scholarships to College-Bound Students](https://thecreditunionconnection.com/california-credit-union-foundation-awards-20-scholarships-to-college-bound-students/): California Credit Union Foundation has awarded 20 scholarships of $1,000 each to college-bound students in Los Angeles and Ventura counties in its annual College Scholarship Program. Through the program, California Credit Union Foundation recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work. “We are proud to recognize this year’s outstanding scholarship recipients, whose hard work, determination and commitment to their education truly set them apart,” said California Credit Union Foundation President Marvel Ford. “These students represent the bright future of our communities, and we’re honored to support […] - [HFS Federal Credit Union Named Best-in-State Credit Union in Hawai’i by Forbes for 2025](https://thecreditunionconnection.com/hfs-federal-credit-union-named-best-in-state-credit-union-in-hawaii-by-forbes-for-2025/): HFS Federal Credit Union is honored to announce that it has been named the Best-in-State Credit Union in Hawai’i by Forbes for 2025. This prestigious recognition marks the seventh time in eight years that HFS Federal Credit Union has earned a place on the respected Forbes list.  “We are deeply grateful for this recognition and humbled by the continued trust our members and community have placed in us,” said Nathan N. Abe, President/Chief Executive Officer of HFS Federal Credit Union. “This achievement is a reflection of our members’ loyalty and our team’s unwavering commitment to serving our community with integrity […] - [Greylock Celebrates Student Achievements with Scholarship Awards Totaling $21,000](https://thecreditunionconnection.com/greylock-celebrates-student-achievements-with-scholarship-awards-totaling-21000/): This spring, Greylock Federal Credit Union awarded 33 scholarships to high school seniors in Berkshire County and Columbia County, N.Y., as part of Greylock’s ongoing support and recognition of student excellence and achievement. Greylock awarded 24 $500 Greylock Community Enrichment Scholarships to students who exemplify positive community spirit and demonstrate respect and concern for their peers in everything they do. Applicants were required to write an essay, which showcased their meaningful involvement in the community.  “Our scholarship selection committee received nearly 80 applications, and each one was impressive in their own right. I am so incredibly proud of all of our […] - [Evergreen Impact Housing Fund and DevCo Celebrate the Opening of Astra and Solera Apartments](https://thecreditunionconnection.com/evergreen-impact-housing-fund-and-devco-celebrate-the-opening-of-astra-and-solera-apartments/): 275 units of affordable housing now open to families in Renton The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of the Astra and Solera apartments in the Renton Highlands. The development brings 275 new affordable apartments and 315 market rate units. The Astra and Solera apartments are located at 2950 NE 11th St in Renton. EIHF contributed $11 million in philanthropic capital to finance development of affordable housing units in the Astra apartments. This is EIHF’s fourth project to open to families in under two years and its largest project to date. EIHF funding complements existing, successful financing programs—like public […] - [American Heritage Credit Union Named a Best-in-State Credit Union for Third Year in a Row](https://thecreditunionconnection.com/american-heritage-credit-union-named-a-best-in-state-credit-union-for-third-year-in-a-row/): Proudly Recognized by Forbes as a Best-in-State Credit Union for Consecutive Years American Heritage Credit Union (“American Heritage”) has been named one of America’s Best-in-State Credit Unions by Forbes for 2025. This is the third year in a row that American Heritage has been named to Forbes’ America’s Best-in-State Credit Unions list. Forbes’ list recognizes credit unions that “excelled in meeting the unique needs and expectations of their local communities.” American Heritage is one of 222 credit unions nationwide to be recognized. Forbes created this list through a partnership with Statista. To complete the study, Statista conducted an independent survey, assessing 26,000 U.S. residents […] - [DCUC Welcomes Unitus Community Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-unitus-community-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Unitus Community Credit Union as its newest affiliate member. Founded in 1937 by employees of Pacific Telephone & Telegraph, Unitus Community Credit Union has proudly served Oregon for over 85 years. What began as a small group pooling resources to support one another has grown into a vibrant financial cooperative serving 15 counties across Oregon and the entire state of Washington. “We’re incredibly honored to be the only Oregon-based credit union to be a member of the Defense Credit Union Council. At Unitus, we’ve always believed in the power of community and service—and this […] - [PenAir Credit Union Launches Annual NOW Competition](https://thecreditunionconnection.com/penair-credit-union-launches-annual-now-competition/): A Financial Fitness Journey with Life-Changing Results PenAir Credit Union (PenAir) is excited to open applications for the 2025–2026 season of NOW, its powerful Financial Fitness Competition that’s helped local families tackle debt, build savings, and rewrite their financial stories. Three households will be selected to receive seven months of hands-on coaching—and compete for a $10,000 grand prize. This transformative program is designed to empower and improve financial health and literacy. NOW isn’t just about winning money—it’s about building momentum. Just ask last season’s winners, the DiPaolo family, who used the experience to eliminate debt, boost their savings, and strengthen their financial […] - [DCUC Urges Congress to Protect Credit Union Tax Status and Address Key Financial Policy Issues](https://thecreditunionconnection.com/dcuc-urges-congress-to-protect-credit-union-tax-status-and-address-key-financial-policy-issues/): This morning, the Defense Credit Union Council (DCUC) sent two letters to Congress, sharing key priorities for defense credit unions and the communities they serve. DCUC’s letter to Senate Finance called for the protection and preservation of the credit union tax status as the reconciliation bill moves forward. DCUC remains in close contact with Senate staff as leadership pushes to finalize the bill by July 4. DCUC strongly opposed any proposal to eliminate the tax exemption in the upcoming 2025 budget reconciliation package, warning that doing so would increase costs for working Americans; reduce financial services for underserved and military communities; undermine […] - [Connecticut League Applauds Passage of Credit Union Modernization Legislation](https://thecreditunionconnection.com/connecticut-league-applauds-passage-of-credit-union-modernization-legislation/): New Law Increases Flexibility for Credit Unions to Invest in Community Impact and Inclusive Growth In a significant legislative win for Connecticut’s credit unions, Governor Ned Lamont has signed into law Public Act 25-37, which ushers in a broad-spectrum modernization of the state’s credit union statutes. Spearheaded by the Credit Union League of Connecticut (CULCT), this new law brings meaningful regulatory relief and operational flexibility to the state’s credit unions, empowering them to better serve members and communities across Connecticut. “On behalf of the members who advocated for these changes, we are pleased to provide this win for all Connecticut credit […] - [Black Dragon Capital℠ and Redwood Credit Union Form New Strategic Alliance Dedicated to Exploring New Technologies](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-and-redwood-credit-union-form-new-strategic-alliance-dedicated-to-exploring-new-technologies/): High Performing Credit Union Led by Brett Martinez, Partners with Multi-phased Investment Firm in Seeking Advanced Technology Solutions to Benefit Credit Unions  Multi-phased investment firm Black Dragon Capital℠ (“Black Dragon has formed a new strategic partnership with Redwood Credit Union (“RCU”).  Black Dragon Capital℠ was founded over a decade ago by recognized financial technology leaders focused on bringing innovative technologies to high-growth industry segments affected by digital disruption.  The firm is led by a collaborative team that combines deep operational experience with a focus on community impact and a proven ability to transform and grow companies.    Founded in 1950, Redwood Credit Union […] - [Simplified CECL Tool Updated for June 2025](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-june-2025/): The National Credit Union Administration today released the June 2025 update of its Simplified CECL Tool. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors. For credit unions currently using the Simplified CECL Tool, the June 2025 release facilitates calculating the credit loss expense on loans and lease for the period ending June 30, 2025. The Simplified CECL Tool was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases. Credit unions with assets of less than $10 million may also consider using the Simplified CECL Tool, […] - [United Nations Federal Credit Union Announces the Retirement of John Lewis and Names Pamela Agnone New President & CEO](https://thecreditunionconnection.com/united-nations-federal-credit-union-announces-the-retirement-of-john-lewis-and-names-pamela-agnone-new-president-ceo/): The United Nations Federal Credit Union (UNFCU) Board of Directors announced the appointment of Pamela Agnone as its President and CEO, effective immediately. Ms. Agnone previously served as UNFCU Executive Vice President. She succeeds John Lewis, Esq., who held the top role since 2021. Mr. Lewis joined UNFCU in 2001 and has retired. Under Mr. Lewis’s leadership, UNFCU grew from approximately $6.8 billion to more than $9.7 billion in assets. Membership increased by nearly 100,000 to more than 250,000 globally. “We recognize and thank John for his many contributions to the organization, and his visionary leadership of UNFCU through a period of tremendous growth,” said Theresa Panuccio, UNFCU Board Chairperson. “Pam […] - [Revolutionizing Credit Union Auto Lending: Javelin's Mark Schwanhausser](https://thecreditunionconnection.com/credit-union-auto-lending-javelin-mark-schwanhausser/): Mark Schwanhausser, Director of Digital Banking at Javelin Research, joined The Credit Union Connection, delving into auto lending and credit unions’ critical need to adapt to the changing landscape. He emphasized Javelin’s focus on understanding digital banking through the consumer’s eyes, aiming to foster primary banking relationships and address the “existential crisis” many credit unions face with an aging customer base. Schwanhausser highlighted that the traditional approach of simply offering a competitive interest rate is no longer sufficient. The goal, he explained, is to develop a relationship with members that provides value beyond just the numbers, making the credit union […] - [Credit Union Members Are More Likely to Have Ancillary Insurance Protections for Their Prized Purchases, Study Finds](https://thecreditunionconnection.com/credit-union-members-are-more-likely-to-have-ancillary-insurance-protections-for-their-prized-purchases-study-finds/): Securian Financial study analyzed the role ancillary protection products play in financial wellness in uncertain economic times. Credit union members are more likely than non-credit union members to have ancillary insurance protections—roadside assistance, vehicle and property protection, extended warranties, etc.—for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over 1,000 consumers, of which 59% (616) were credit union members and 41% (420) were not. On all 15 ancillary insurance protections asked about in the survey, more credit union members than non-credit union members said they owned […] - [DCUC CEO Anthony Hernandez on Credit Unions' Toughest Fights: The Unseen War](https://thecreditunionconnection.com/dcuc-ceo-anthony-hernandez-on-credit-unions-toughest-fights/): In a compelling episode of The Credit Union Connection, host Sarah Snell Cooke sat down with Anthony Hernandez, CEO of the Defense Credit Union Council (DCUC), for a discussion that promises to be essential viewing for anyone invested in the future of credit unions. This interview goes beyond the surface, touching on the critical battles and strategic shifts defining the industry today. Hernandez, with his unique background as a retired Air Force full colonel and his eight years leading the DCUC, brings a distinct perspective to the challenges and opportunities facing credit unions. He doesn’t shy away from addressing the […] - [Credit Unions Support the TRAPS Act in the Fight Against Financial Fraud](https://thecreditunionconnection.com/credit-unions-support-the-traps-act-in-the-fight-against-financial-fraud/): Credit unions across the country witness the devastating impact that payment scams have on families, seniors, and everyday consumers. That’s why The League of Credit Unions applauds Senators Mike Crapo (R-ID), Raphael Warnock (D-GA), and Mark Warner (D-VA) for introducing the Task Force for Recognizing and Averting Payment Scams Act (TRAPS Act)—legislation that couldn’t come at a more critical time. With fraud threats rising nationwide, this bipartisan effort offers a thoughtful, timely solution to help protect the 142 million credit union members we serve—and millions more—from financial exploitation. It’s the kind of proactive policymaking consumers need and deserve. “The TRAPS […] - [VantageScore 4plus™ Pilots Find 33% of Subprime and 41% of Near Prime Consumers Moved to Higher Credit Tiers by Adding Open Banking Data](https://thecreditunionconnection.com/vantagescore-4plus-pilots-find-33-of-subprime-and-41-of-near-prime-consumers-moved-to-higher-credit-tiers-by-adding-open-banking-data/): VantageScore successfully completed two independent pilot programs using VantageScore 4plus™, the newest VantageScore credit scoring model leveraging the power of industry-leading VantageScore 4plus™ alternative open banking data. Pilots conducted with Patelco Credit Union and Michigan State University Federal Credit Union (MSUFCU) each demonstrated significant quantitative improvements in credit risk prediction, as well as a significant expansion in access to credit for underserved consumers. “These results show that open banking data, when used responsibly and in combination with credit file data, can dramatically improve both risk management and financial inclusion,” said Dr. Andrada Pacheco, Executive Vice President and Chief Data Scientist at VantageScore. “What excites us most […] - [Financial Center First Credit Union Selects Scienaptic AI to Transform Lending and Advance Inclusive Banking](https://thecreditunionconnection.com/financial-center-first-credit-union-selects-scienaptic-ai-to-transform-lending-and-advance-inclusive-banking/): Scienaptic AI has announced that Financial Center First Credit Union (Financial Center), based in Indianapolis, IN, has chosen its platform to enhance credit access for its member community. By adopting Scienaptic’s AI-powered, regulatory-compliant technology, Financial Center aims to make faster, smarter lending decisions, streamline credit processes, and extend lending to underserved members. Founded more than 70 years ago to serve military personnel and civilians at Fort Benjamin Harrison Base, Financial Center has grown from 227 loans and $29,000 in deposits to managing $940 million in assets today. The credit union now serves over 60,000 members across greater Indianapolis, Kokomo, Muncie, and beyond, […] - [Tyfone, OMNICOMMANDER Partner to Enhance Digital Marketing Solutions for Clients](https://thecreditunionconnection.com/tyfone-omnicommander-partner-to-enhance-digital-marketing-solutions-for-clients/): Companies empower financial institutions to offer enhanced digital experiences to drive growth Digital banking solutions provider Tyfone announced it has partnered with OMNICOMMANDER to offer expanded digital marketing services. OMNICOMMANDER is a veteran-owned and operated digital marketing company focused on offering integrated website and marketing services for FIs. The company’s comprehensive suite of services empowers financial institutions (FIs) to take control of their digital presence and manage their websites within a single, unified ecosystem. By pairing website and marketing services with Tyfone’s innovative digital banking platform, FIs can ensure their experiences are ADA compliant and feel cohesive across an institution’s banking platform, website […] - [DCUC President & CEO Provides Brief at NACUSAC Conference](https://thecreditunionconnection.com/dcuc-president-ceo-provides-brief-at-nacusac-conference/): Yesterday, Anthony Hernandez, President and CEO of the Defense Credit Union Council (DCUC), addressed the National Association of Credit Union Supervisory & Auditing Committees (NACUSAC) during their conference in Charleston, South Carolina. Hernandez provided timely advocacy updates and industry insights, emphasizing the importance of collaboration among national trade associations as credit unions navigate today’s complex and rapidly changing environment. During his brief, Hernandez spoke on strategic leadership in turbulent times, sharing how DCUC is helping lead the industry through uncertainty. He encouraged leaders to build strong planning processes by: “There are always signs—indications of what may be ahead. It’s the […] - [Soul Community Federal Credit Union Closes](https://thecreditunionconnection.com/soul-community-federal-credit-union-closes/): Member Deposits Remain Protected to at Least $250,000 by the Share Insurance Fund The National Credit Union Administration (NCUA) today liquidated Soul Community Federal Credit Union in Austell, Georgia. The NCUA made the decision to liquidate Soul Community Federal Credit Union and discontinue its operations after determining the credit union was insolvent and in violation of numerous provisions of the Federal Credit Union Act and NCUA Rules and Regulations, including operating in an unsafe and unsound manner. Member deposits are federally insured by the National Credit Union Share Insurance Fund to at least $250,000. NCUA’s Asset Management and Assistance Center […] - [SF Fire Credit Union Launches Alkami's New Out-of-the-Box Campaigns That Simplify and Accelerate Targeted Marketing for Financial Institutions](https://thecreditunionconnection.com/sf-fire-credit-union-launches-alkamis-new-out-of-the-box-campaigns-that-simplify-and-accelerate-targeted-marketing-for-financial-institutions/): New, prebuilt, data-driven campaigns empower marketers to increase engagement, prove return on investment, and execute faster, with minimal setup and built-in performance tracking Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced the release of Out-of-the-Box Campaigns, a new feature within its Data & Marketing Solution. Designed specifically for banks and credit unions, Alkami’s Out-of-the-Box Campaigns streamline the campaign audience segmentation process for financial marketers to launch targeted, high-impact, multi-channel engagements in just minutes. Built on proven, data-driven use cases, these prebuilt campaigns eliminate the complexity of traditional marketing execution. Financial institutions can quickly identify their goal, select the right media channels, and go […] - [USSFCU Continues Top Workplace Streak with 2025 Washington Post Recognition](https://thecreditunionconnection.com/ussfcu-continues-top-workplace-streak-with-2025-washington-post-recognition/): For the second consecutive year, the United States Senate Federal Credit Union (USSFCU) has been named a Washington Post Top Workplace, once again earning recognition as one of the region’s leading employers. This honor, based entirely on employee feedback, reflects USSFCU’s ongoing commitment to fostering an engaged, inclusive, and people-first culture. It adds to a growing list of accolades, including back-to-back national USA Today Top Workplaces honors and Culture Excellence Awards for Inclusion & Belonging, Work-Life Flexibility, and Remote Work. “At USSFCU, we know that taking care of our people enables us to better serve our members,” said Timothy L. Anderson, President and CEO of USSFCU. “It is […] - [$300 Million Lookout Credit Union Partners with Credit Union Wealth Group to Offer Wealth Management Services](https://thecreditunionconnection.com/300-million-lookout-credit-union-partners-with-credit-union-wealth-group-to-offer-wealth-management-services/): Lookout Credit Union has partnered with Credit Union Wealth Group to offer financial advice and investment management services to its membership. The wealth management program provides members with access to a team of dedicated financial advisors and investment management services. The program includes: practice management, marketing, compliance, and technology. All members are invited to work with their financial advisors at their own convenience. Members who work with the financial advisors will receive: Blake Roemer, Chief Lending Officer at Lookout Credit Union, on the partnership: “After reviewing multiple options for wealth management services for our credit union members, we were excited […] - [Three Credit Unions Announce Promotions; Affinity FCU Chief Digital, Payments & Technology Officer Named Philadelphia Titan 100](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-affinity-fcu-chief-digital-payments-technology-officer-named-philadelphia-titan-100/): Three credit unions, including Mountain America Credit Union and UMassFive College Federal Credit Union, announced promotions within their organizations, and Affinity Federal Credit Union‘s Chief Digital, Payments & Technology Officer was honored as a 2025 Philadelphia Titan 100. New Hires: Recognitions: Promotions: Appointments: - [Synergent Names Tyler Hudson as President](https://thecreditunionconnection.com/synergent-names-tyler-hudson-as-president/): 23-year credit union industry veteran and longtime Synergent executive to lead organization’s next chapter Synergent® is pleased to announce the appointment of Tyler Hudson as its new President, effective immediately. Hudson succeeds Randy Stolp, who helped expand Synergent’s reach as a trusted provider of payments, marketing, and core services to credit unions across the country. The Board of Directors extends its heartfelt gratitude to Randy for his dedicated service to the organization. Hudson’s appointment underscores the Board’s commitment to bold leadership, purposeful innovation, and deepening partnerships across the credit union movement. A longtime Synergent executive with 23 years of experience in the credit union […] - [Unlocking Credit Card Growth: A Game-Changer for Credit Unions?](https://thecreditunionconnection.com/unlocking-credit-card-growth-a-game-changer-for-credit-unions/): Credit unions have historically shied away from the competitive credit card market, often prioritizing other financial products like auto loans and mortgages. But what if credit cards could be a powerful new engine for member acquisition and revenue growth? A recent interview with Joe Gracia, CEO of Nickels, and Tyler Kuhn, VP of Marketing & Digital Strategy at Service Credit Union, sheds light on a new approach challenging the status quo. Gracia explains that Nickels was founded in 2019 with the specific goal of helping credit unions in the credit card space. Their latest product, CardFit, is described as the […] - [Aldersgate Federal Credit Union Conserved](https://thecreditunionconnection.com/aldersgate-federal-credit-union-conserved/): Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted The National Credit Union Administration today placed Aldersgate Federal Credit Union in Marion, Illinois, into conservatorship. Member services will continue while the NCUA works to resolve issues affecting the credit union’s operations. Member deposits at Aldersgate Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund protects individual accounts at federally insured credit unions up to $250,000. Member’s interest in all joint accounts combined is also insured up to $250,000. The Share Insurance Fund separately protects IRA and KEOGH […] - [PenAir to Break Ground on New Fort Walton Beach Branch](https://thecreditunionconnection.com/penair-to-break-ground-on-new-fort-walton-beach-branch/): PenAir Credit Union (PenAir) is proud to announce the groundbreaking of its newest branch in Fort Walton Beach. This event marks a significant milestone in PenAir’s continued commitment to serving the Gulf Coast community with expanded access to financial services.The new Fort Walton Beach branch represents PenAir’s dedication to growth, innovation, and community engagement. This groundbreaking ceremony will celebrate the beginning of construction and the future opportunities this branch will bring to the region. When: Tuesday, June 25, 2025, at 10:00 AM Central Where: 80 Eglin Parkway, NE, Fort Walton Beach, FL 32548  Who: PenAir Executives and Board of Directors, Representatives from Hanto-Clarke General Contractors […] - [Geoff Bacino Addresses Harper, Otsuka Lawsuit on Firings](https://thecreditunionconnection.com/geoff-bacino-addresses-harper-otsuka-lawsuit-on-firings/): Geoff Bacino, CEO, Bacino & Associates Fired NCUA Board members Tanya Otsuka and Todd Harper filed suit in the US District Court in DC, claiming that their removals were “patently unlawful”. The suit alleges that the Otsuka and Harper firings violated the 1978 Credit Union Modernization Act. Can Otsuka and Harper be successful with their case? Most of the other lawsuits in cases like the NCUA case have been decided in favor of the White House. As mentioned last month, the Supreme Court may be willing to let the firings at other agencies – the Federal Trade Commission, the National Labor Relations Board and the […] - [Zest AI’s Fraud Protection Solution to Integrate with Origence’s arc OS](https://thecreditunionconnection.com/zest-ais-fraud-protection-solution-to-integrate-with-origences-arc-os/): Expanded partnership delivers smarter, seamless AI fraud detection to lenders nationwide Zest AI announced Zest Protect will integrate with Origence through its arc OS loan origination system – bringing faster, more accurate fraud protection to Origence’s network of 1,100 credit unions and nearly 20,000 auto dealers.  Fraud threats have continued to escalate, with 33% of credit unions reporting a 50% to 100% increase in scam cases in 2024. Amid rising threats, financial institutions need more sophisticated protection measures. This new integration enables Origence clients with smarter, AI-powered solutions to detect and prevent fraud during the loan application process, all without slowing down decisioning or compromising […] - [Introducing The League Communities: A New Platform for Credit Union Networking and Engagement](https://thecreditunionconnection.com/introducing-the-league-communities-a-new-platform-for-credit-union-networking-and-engagement/): The League of Credit Unions is proud to introduce The League Communities, an exclusive online networking platform designed for affiliated credit unions and their employees. Sponsored by TruStage and DefenseStorm, this professional space offers 12 tailored communities, aimed at fostering meaningful connections, insightful discussions, and resource sharing to support collaboration across the credit union industry. The League Communities provides a safe and secure environment where credit union professionals can engage with peers and leaders, exchange best practices, and participate in discussions centered around specific professions and industry topics. Whether it’s advocacy, lending, fraud prevention, or member experience, participants can join one, a few, or […] - [US Bankruptcy Filings Decreased in May](https://thecreditunionconnection.com/us-bankruptcy-filings-decreased-in-may/): Filings are down slightly from April 2025, but up 7% from May 2024 New monthly bankruptcy data from G2 Risk Solutions (G2RS) shows May 2025 filings decreased 2.84% from April 2025. Total Chapter 7 consumer filings reached 48,213 in May. Commercial filings for May 2025 were 1,202. G2RS provides bankruptcy management services to U.S. lenders and creditors in a majority of cases filed.  As compared to May 2024, consumer filings in May 2025 filings are up 7.41% YoY. G2RS analysts’ are projecting that overall, 2025 total consumer bankruptcy filings will exceed 2024 by 1.38%.  Commercial filings increased 34.6% from April 2025, and […] - [Greenville County Council Honors Spero Financial for 90 Years of Service to the Community](https://thecreditunionconnection.com/greenville-county-council-honors-spero-financial-for-90-years-of-service-to-the-community/): Spero Financial proudly received special recognition from the Greenville County Council during its meeting earlier this month, in celebration of the Credit Union’s 90th anniversary of serving the Greenville community and beyond. Councilman Alan Mitchell presented a formal proclamation to commemorate this historic milestone, honoring Spero Financial’s enduring commitment to financial well-being, community development, and member service since its founding in 1935 as Greenville Telco Federal Credit Union. “We celebrate [Spero’s] continued commitment to the growth and success of our community and extend our heartfelt appreciation for their service and dedication over the past nine decades,” Mitchell stated in reading […] - [BayPort Foundation Awards $100,000 in Scholarships to 10 Working Adults, 13 College Students, and 13 High School Seniors](https://thecreditunionconnection.com/bayport-foundation-awards-100000-in-scholarships-to-10-working-adults-13-college-students-and-13-high-school-seniors/): The BayPort Foundation announced it has awarded $100,000 in 12 different scholarship types to a total of 36 member students in the surrounding local communities attending a college, university, trade, or vocational school. Since 1961, BayPort Credit Union has supported member students in funding their educational pursuits. Over that time, it has awarded over $1 million in scholarships. Today, the credit union’s philanthropic arm, the BayPort Foundation, continues its mission to enrich members’ lives by providing tuition assistance. Scholarship applications are scored on financial need, academic achievements, school and community involvement, and a written essay. In addition, students must be pursuing a degree or […] - [Redwood Credit Union Birthday Bash Raises Over $31,000 for Youth Arts Programs](https://thecreditunionconnection.com/redwood-credit-union-birthday-bash-raises-over-31000-for-youth-arts-programs/): A shared birthday celebration raised over $31,000 to support music programs for youth in the North Bay. The third annual Birthday Benefit Bash, hosted by Brett Martinez, President and CEO of Redwood Credit Union (RCU), and Mark Nelson, lead singer of Walking Mirrors Music, brought together 250 guests at HopMonk Tavern in Sebastopol on Saturday, April 19. The sold-out event raised a total of $31,502, with all proceeds benefiting the Redwood Credit Union Community Fund (RCUCF). The funds will support three local nonprofits:  “This was a fun and meaningful way for Mark and me to celebrate our birthdays while giving back to the community,” said Martinez. […] - [TopLine Financial Credit Union Partners With The Federal Home Loan Bank of Des Moines to Award $40,000 to Community Non-Profit Partners](https://thecreditunionconnection.com/topline-financial-credit-union-partners-with-the-federal-home-loan-bank-of-des-moines-to-award-40000-to-community-non-profit-partners/): Member Impact Fund Grant Program Supports Affordable Housing and Community Development   TopLine Financial Credit Union in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that four Minnesota community non-profit organizations will each receive a $10,000 grant from the Member Impact Fund, for a total of $40,000 awarded. This matching grant program will result in FHLB Des Moines awarding $20 million in funding to support affordable housing and community development in Minnesota. The grant funds will be used to support a variety of funding gaps that are being experienced by four non-profits that TopLine […] - [Glendale Area Schools Credit Union Launches Mahalo’s Thoughtful Banking® Platform to Upgrade Member Experience, Attract Next-Gen Users](https://thecreditunionconnection.com/glendale-area-schools-credit-union-launches-mahalos-thoughtful-banking-platform-to-upgrade-member-experience-attract-next-gen-users/): Mobile-powered onboarding, FedNow® readiness and deep core integration drive successful digital transformation Glendale Area Schools Credit Union (‘Glendale Area Schools’) has gone live on Mahalo Banking’s Thoughtful Banking platform, marking a major step in its strategic plan to modernize its technology and deepen engagement with digitally-driven members. The implementation, which coincided with Glendale Area Schools’ core conversion to Corelation Keystone, provides members with a streamlined and intuitive digital banking experience. This next-gen platform offers members access to a variety of important financial tools, including FedNow-enabled P2P transfers, mobile-first account opening and loan applications, and enhanced card management. “We knew that […] - [Chartway Included in the Forbes List of America’s Best-In-State Credit Unions 2025 for Fourth Consecutive Year](https://thecreditunionconnection.com/chartway-included-in-the-forbes-list-of-americas-best-in-state-credit-unions-2025-for-fourth-consecutive-year/): Chartway Credit Union has once again been awarded the 2025 America’s Best-in-State Credit Union, putting Chartway in an elite group of credit unions that have won this competitive title for four consecutive years. This prestigious award is presented by Forbes in collaboration with Statista, the world-leading statistics portal and industry ranking provider.  America’s Best-In-State Credit Unions showcases the most valued institutions by residents in each state and recognizes credit unions that excel in meeting the unique needs and expectations of their local communities.  According to Forbes and Statista, America’s Best In-State Credit Unions 2025 were selected based on two measures: ·         Independent Survey […] - [Summit Credit Union Named a 2025 Best Employer in North Carolina by Business North Carolina Magazine](https://thecreditunionconnection.com/summit-credit-union-named-a-2025-best-employer-in-north-carolina-by-business-north-carolina-magazine/): Summit Credit Union has once again been recognized as one of the Best Employers in North Carolina by Business North Carolina magazine. This marks the third consecutive year the credit union has earned a spot on the annual list, which highlights organizations that excel in creating outstanding workplace environments. Now in its 12th year, the Business North Carolina Best Employers program evaluates companies across the state based on employee feedback on the employer’s company culture, benefits, professional development, and overall job satisfaction. “We are honored to be named a Best Employer in North Carolina for the third year in a row,” said […] - [LAFCU Awards $20,000 in Scholarships Through Annual Essay Contest](https://thecreditunionconnection.com/lafcu-awards-20000-in-scholarships-through-annual-essay-contest/): Winning essays envisioned high school courses that could empower future student LAFCU is proud to announce the winners of its 2025 Write to Educate Essay Contest: Aubree Moore (Woodhaven High School), Kennedy Mullens (Alma High School), Kelcie Pung (Fowler High School), and Nolan Sanders (St. Johns High School). The Michigan credit union is awarding $5,000 in college scholarships to each of the four winners, totaling $20,000. Additionally, LAFCU is donating $2,000 total to four charities selected by the winners. Now in its 17th year, the annual contest reflects LAFCU’s long-standing commitment to supporting Michigan youth in their pursuit of higher […] - [Governor Pritzker Signs Legislation Delaying Interchange Fee Ban Until 2026](https://thecreditunionconnection.com/governor-pritzker-signs-legislation-delaying-interchange-fee-ban-until-2026/): The Illinois Credit Union League (ICUL) is pleased to announce that Governor JB Pritzker has signed House Bill 742 into law, extending the effective date of the Interchange Fee Prohibition Act by one year to July 1, 2026. With the Governor’s signature, the bill is now officially enacted as Public Act 104-04. On behalf of credit unions across Illinois, ICUL applauds Governor Pritzker for his swift action to provide much-needed relief to credit unions, local banks, Main Street businesses, and consumers who would otherwise face significant disruption under the original law. “This extension is an important step toward protecting access, affordability, […] - [USSFCU President & CEO Timothy L. Anderson Named 2025 CEO of the Year by MD|DC Credit Union Association](https://thecreditunionconnection.com/ussfcu-president-ceo-timothy-l-anderson-named-2025-ceo-of-the-year-by-mddc-credit-union-association/): The United States Senate Federal Credit Union (USSFCU) is proud to announce that their President and CEO Timothy L. Anderson has been named the 2025 CEO of the Year by the MD|DC Credit Union Association. This prestigious award honors Anderson’s visionary leadership, deep commitment to the credit union movement, and dedication to building an inclusive, mission-driven culture at USSFCU. A People-First Approach to Leadership Since taking the helm in 2019, Anderson has led USSFCU with a strategic, people-first philosophy that has reshaped the organization’s workplace culture. “Tim has helped transform USSFCU from a workplace into a community,” said Board Chair Jay Moore. “He empowers people […] - [The Velera Payments Index: June 2025](https://thecreditunionconnection.com/the-velera-payments-index-june-2025/): Today, Velera published the June edition of the Velera Payments Index, which includes a deep dive into digital payments: Consumer spending for May suggests continued momentum, albeit at a slower pace than prior years. Growth in year-over-year purchases and transactions was positive, with debit results stronger than credit. Part of this is supported by low unemployment and steady job growth, which aids consumer confidence. Consumer goods again had the highest contribution to growth in May 2025 for credit and debit purchases. And while inflation has been trending downward, worries over the impact of tariffs have created anxiety that has been somewhat suppressed in the […] - [SavvyMoney Named to Inc.’s 2025 Best Workplaces List](https://thecreditunionconnection.com/savvymoney-named-to-inc-s-2025-best-workplaces-list/): Annual list recognizes the businesses that set the standard for workplace success and awards excellence in company culture  SavvyMoney is proud to announce it has been named to Inc.’s 2025 Best Workplaces list for the second year in a row, honoring companies that have built exceptional workplaces and vibrant cultures that support their teams and businesses.  This year’s list, featured on Inc.com, is the result of comprehensive measurement and evaluation of American companies that have excelled in creating exceptional workplaces and company cultures – whether in-person or remote.  The award process involved a detailed employee survey conducted by Quantum Workplace,  covering critical elements […] - [Royal Credit Union Recognized With Two Minnesota Credit Union Network Marketing Awards](https://thecreditunionconnection.com/royal-credit-union-recognized-with-two-minnesota-credit-union-network-marketing-awards/): Royal Credit Union (Royal) was recognized with two Marketing Awards at the annual Minnesota Credit Union Network (MnCUN) ACCELERATE 25 conference this year. These awards acknowledge the outstanding programs credit unions have created to grow brand awareness and market to Members and non-Members alike.  “Complete Campaign” Award for the 60th Anniversary Campaign To celebrate Royal’s 60th Anniversary, a complete campaign was created with original photos and consistent messaging across many different media platforms. The strategy was built around telling Royal’s story – one of integrity, compassion, and a steadfast dedication to serving their Members, no matter the challenge. By combining mass […] - [State Employees’ Credit Union of Maryland Partners with MANTL to Give New and Existing Business and Retail Members a Seamless Account Opening Experience ](https://thecreditunionconnection.com/state-employees-credit-union-of-maryland-partners-with-mantl-to-give-new-and-existing-business-and-retail-members-a-seamless-account-opening-experience/): Maryland’s largest credit union will modernize its account opening process across all banking channels, including its 23-branch network  MANTL, an Alkami solution team, today announced a partnership with State Employees’ Credit Union of Maryland (SECU) to enhance its in-branch and online account opening processes for businesses and retail members. This partnership will allow SECU to seamlessly open new member accounts on any banking channel, at any time, and demonstrates SECU’s commitment to giving its business members, retail members, and employees the best possible banking experiences.  SECU is also a customer of Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading provider of cloud-based digital banking solutions for […] - [AKUVO Automates Repossessions and Adds RDN](https://thecreditunionconnection.com/akuvo-automates-repossessions-and-adds-rdn/): AKUVO today announced new platform enhancements that fully automate the vehicle repossession process.  With these updates, AKUVO offers full integration with Recovery Database Network (RDN), a leading platform for managing repossession assignments and vendor relationships. By combining intelligent automation and bi-directional communication with RDN, the AKUVO Platform allows financial institutions to manage rising repossession volume with unprecedented efficiency. Institutions can now automate the entire lifecycle of a repo assignment, eliminating fragmented processes and reducing the need for additional staff and manual follow-up.  “Our goal is to help lenders handle increased volume without adding headcount,” said Mark Price, Chief Technology and […] - [AI and Credit Unions: Striking a Balance Between Innovation and Regulation](https://thecreditunionconnection.com/ai-and-credit-unions-striking-a-balance-between-innovation-and-regulation/): In an insightful discussion on The Credit Union Connection, Sarah Snell Cooke sat down with Mitch Rutledge, CEO and Co-founder of Vertice AI, to delve into the evolving landscape of AI in the credit union movement. With over a decade of experience in AI, Rutledge offered a comprehensive perspective on how credit unions can leverage artificial intelligence for growth, efficiency, and enhanced member services, while also addressing the crucial aspect of regulatory oversight. The conversation kicked off with a discussion about a GAO report concerning NCUA’s oversight of AI, which suggested that banking regulators were ahead of the NCUA. Rutledge […] - [Origence Enhances arc OS Platform Underwriting with Experian’s PowerCurve Decisioning Integration](https://thecreditunionconnection.com/origence-enhances-arc-os-platform-underwriting-with-experians-powercurve-decisioning-integration/): Origence, a leader in credit union lending technology, announced the integration of Experian’s PowerCurve® decisioning suite into the Origence arc OS loan and account origination platform. This integration brings additional capabilities to the robust features of Origence arc OS decision. Experian’s PowerCurve decisioning suite leverages its comprehensive data, advanced analytics, and expertise to help drive automated and more informed lending decisions. This collaboration, along with existing integrations with Zest AI and Scienaptic AI, further solidifies Origence’s commitment to provide credit unions with next-gen intelligent underwriting technologies.  “Origence is committed to offering credit unions an exceptionally robust decisioning solution,” explained Aleks […] - [Honor Credit Union Launches 16th Annual Teacher Awards](https://thecreditunionconnection.com/honor-credit-union-launches-16th-annual-teacher-awards/): Honor Credit Union has officially opened the application for its 16th Annual Teacher Awards, continuing its long-standing tradition of celebrating and supporting educators across Michigan. This year, 40 teachers will each receive a $500 Amazon digital gift card to help bring their classroom dreams to life, totaling $20,000 in awards across the state. The Teacher Awards reflect Honor Credit Union’s deep roots in education. Originally founded as Berrien Teachers Credit Union, Honor has always maintained a strong connection to educators and schools. The awards are just one of many ways the credit union gives back to the communities it serves.  […] - [PenAir Credit Union Delivers Over 7,000 Snacks to Support Local Cancer Patients](https://thecreditunionconnection.com/penair-credit-union-delivers-over-7000-snacks-to-support-local-cancer-patients/): Annual Snack Stock Initiative Grows Through Community Partnerships  PenAir Credit Union (PenAir), in partnership with Ascension Sacred Heart Foundation and the Pensacola Blue Wahoos, delivered more than 7,500 individually packaged snacks to Ascension Sacred Heart Cancer Center on Thursday, June 12. The donation marks the successful completion of PenAir’s third annual Snack Stock initiative, aimed at providing comfort and nourishment to cancer patients and their families during treatment and appointments. Throughout May, PenAir branches and Blue Wahoos home games served as collection points for community members to donate single-serving snack items—such as chips, pretzels, popcorn, cookies, and protein bars. The effort ensures […] - [NuMark Credit Union Helps Honor Veterans at Annual Flags In Day](https://thecreditunionconnection.com/numark-credit-union-helps-honor-veterans-at-annual-flags-in-day/): Volunteers from local financial institution join community to prepare gravesites at the Abraham Lincoln National Cemetery ahead of Memorial Day On Friday, May 23 staff volunteers from NuMark Credit Union (NuMark) joined members of the community to place American flags at the gravesites of veterans buried at the Abraham Lincoln National Cemetery in Elwood.  This year was NuMark’s third time participating in Flags In Day, a tradition that started in 1948 and referred to then as Decoration Day. The very first one was held at the Arlington National Cemetery in Vermont by soldiers who were assigned to the 3rd Infantry […] - [Vantage West Credit Union Launches BNPL to Expand Financial Inclusion](https://thecreditunionconnection.com/vantage-west-credit-union-launches-bnpl-to-expand-financial-inclusion/): Arizona credit union increases member access to flexible financing by enabling them to split their eligible debit card purchases to pay over time Vantage West Credit Union (Vantage West) has added Buy Now, Pay Later (BNPL) to its suite of online banking products. With the launch of this program, accessible through its digital banking experience, Vantage West is expanding access to financial flexibility for its entire membership. Vantage West Credit Union increases member access to flexible financing by enabling them to split their eligible debit card purchases to pay over time.  Vantage West has selected equipifi, a leading BNPL platform designed for financial […] - [Cooperative Credit Union Association’s Rhode Island Credit Union Volunteers Bring Energy and Enthusiasm to Special Olympics RI Summer Games](https://thecreditunionconnection.com/cooperative-credit-union-associations-rhode-island-credit-union-volunteers-bring-energy-and-enthusiasm-to-special-olympics-ri-summer-games/): More than 35 volunteers from Cooperative Credit Union Association (CCUA) member credits unions in Rhode Island came together to support the Special Olympics Rhode Island (SORI) Summer Games held at the University of Rhode Island. Their efforts helped ensure a successful and spirited event, which brought together athletes, families, and community supporters for a weekend filled with joy, achievement, and camaraderie. Volunteers assisted across multiple roles, including clerking track events and escorting athletes to medal ceremonies. But more than logistics, the experience was defined by moments of connection—cheering athletes at the starting line, sharing in their excitement at the finish, […] - [Uniting People, Purpose, and Progress at ENGAGE 2025](https://thecreditunionconnection.com/uniting-people-purpose-and-progress-at-engage-2025/): The League of Credit Unions & Affiliates concluded its highly anticipated ENGAGE 2025 Conference last week on Friday, June 13 in Orlando, Florida. The event welcomed a record-breaking 1,300 attendees  and brought together credit union leaders, volunteers, professionals, and vendors from across Alabama, Florida, Georgia, and Virginia for four days of collaboration, advocacy, innovation, and recognition. ENGAGE 2025 featured over 50 educational sessions, hosted 200+ vendors in the expansive exhibit hall, and showcased world-class speakers—all designed to empower attendees to lead with purpose and adapt to the evolving financial services landscape. “ENGAGE 2025 surpassed our expectations, uniting credit union professionals across our […] - [Federal Home Loan Bank of Dallas to Provide $5 Million in Additional Homebuyer Down Payment Assistance Funding](https://thecreditunionconnection.com/federal-home-loan-bank-of-dallas-to-provide-5-million-in-additional-homebuyer-down-payment-assistance-funding/): The Federal Home Loan Bank of Dallas (FHLB Dallas) has added an additional $5 million in funding to its homebuyer down payment and closing cost assistance grant program due to high demand and rising home costs. FHLB Dallas initially allocated $17 million for 2025 to its Homebuyer Equity Leverage Partnership (HELP), an increase from $15.5 million last year, but three-fourths of the grant funds have already been depleted. HELP grants are available in FHLB Dallas’ five state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. FHLB Dallas provides the funding through its financial institution members and does not provide […] - [California Credit Union & North Island Credit Union Launch New Virtual Chatbot](https://thecreditunionconnection.com/california-credit-union-north-island-credit-union-launch-new-virtual-chatbot/): California Credit Union & North Island Credit Union, a division of California Credit Union, have launched “Georgia,” a new virtual chatbot designed to deliver fast, intelligent and secure support to members 24/7. Named in honor of the credit union’s founder, Georgia Parsons, the chatbot reflects California Credit Union’s legacy of service and continued investment in innovation and technology to serve members. Georgia leverages advanced AI to assist with common banking questions, guide users through digital services and provide real-time information—without waiting for a credit union team member. Whether it’s helping members check balances, reset passwords, navigate online banking tools, or locate a […] - [Louisiana’s Largest Credit Union, Barksdale Federal Credit Union Goes Live with Scienaptic AI](https://thecreditunionconnection.com/louisianas-largest-credit-union-barksdale-federal-credit-union-goes-live-with-scienaptic-ai/): 5% rise in unsecured loan approvals; auto-decisioning hits 50% across all products Scienaptic AI announced today that Barksdale Federal Credit Union has implemented its AI-based underwriting platform and is now live. This deployment is significantly streamlining the credit union’s underwriting process, leading to an increase in approval rates and a notable enhancement in the member experience. Importantly, all these advancements have been achieved while ensuring fairness, inclusivity, and compliance with regulatory standards, which are integral to Scienaptic’s AI platform. Founded in 1954, Barksdale Federal Credit Union was established to serve military and civilian personnel at Barksdale Air Force Base in Bossier City. […] - [Luminate Honors Exceptional Achievements at 2025 Luminate Awards Ceremony](https://thecreditunionconnection.com/luminate-honors-exceptional-achievements-at-2025-luminate-awards-ceremony/): Luminate proudly celebrated outstanding accomplishments within the Louisiana credit union community at the 2025 Luminate Awards Ceremony held June 12 during the Luminate Conference in New Orleans. The event recognized individuals and credit unions for their exceptional contributions to the credit union movement, underscoring their dedication and innovation. Award Highlights Milestone anniversaries were celebrated for the following credit unions: Radiance in Marketing Awards recognized outstanding marketing efforts across four categories: Enlighten Award went to Southwest Louisiana CU. This award celebrates credit unions that exemplify the sixth cooperative principle of Cooperation Among Cooperatives. Southwest Louisiana CU was nominated by OnPath FCU for consistently shows up […] - [Members First Credit Union Named Large-Asset-Size Outstanding Credit Union of the Year in Michigan](https://thecreditunionconnection.com/members-first-credit-union-named-large-asset-size-outstanding-credit-union-of-the-year-in-michigan-2/): Members First Credit Union (M1) was officially awarded the Outstanding Large-Asset-Size Credit Union of the Year at the Michigan Credit Union League’s 2025 Annual Convention & Exposition (AC&E) in Grand Rapids on June 6. Presented by the Michigan Credit Union League (MCUL) and the Michigan Credit Union Foundation (MCUF), this recognition honors a credit union that demonstrates outstanding advocacy, performance, and a deep commitment to making a difference in its members’ lives and the communities it serves. In 2024, M1 made remarkable progress in supporting both its members and local communities. A standout achievement was having 98.6% of its team […] - [The League Celebrates Outstanding Credit Union Professionals at 2025 ENGAGE Conference](https://thecreditunionconnection.com/the-league-celebrates-outstanding-credit-union-professionals-at-2025-engage-conference/): The League of Credit Unions & Affiliates presented the 2024 Emerging Professional, Professional, and Advocate of the Year Awards during the 2025 ENGAGE Conference in Orlando, Florida. The League Awards program honors credit unions and professionals who demonstrate exemplary service, impactful leadership, and significant achievements across the credit union movement. Each award is presented to one recipient from each of the four states represented in The League’s footprint: Alabama, Florida, Georgia, and Virginia. The Emerging Professional of the Year Award celebrates early-career professionals who have shown exceptional promise, dedication, and enthusiasm for the credit union mission. The 2024 recipients are: “These rising […] - [Redstone Federal Credit Union Continues Growth in Tennessee With First Smyrna Location ](https://thecreditunionconnection.com/redstone-federal-credit-union-continues-growth-in-tennessee-with-first-smyrna-location/): Redstone Federal Credit Union proudly celebrated the grand opening of its first branch in Smyrna, Tennessee, on Friday, June 6, located at 2005 Huginn Lane. This new location marks Redstone’s fifth branch in Tennessee, strengthening the ties between the credit union and local community. Branch Manager Heather Jones expressed her excitement, sharing, “Our goal is to provide financial services while building relationships and supporting local initiatives. Our team is excited to meet our members’ needs.” Grand opening festivities were filled with energy as local high school cheerleaders, members of the Rutherford County Chamber of Commerce, and the community came together […] - [Several Credit Unions Announce New Hires; The League of Credit Unions & Affiliates Announce 2024 Credit Unions of the Year](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-the-league-of-credit-unions-affiliates-announce-2024-credit-unions-of-the-year/): Several credit unions, including Robins Financial Credit Union and Bayport Credit Union, announced additions to their teams, and The League of Credit Unions & Affiliates named the recipients of the 2024 Credit Union of the Year Awards. New Hires: Recognitions: Promotions: Appointments: - [Affinity Plus Foundation, FHLB Des Moines Award $1 Million in Grants to 41 Minnesota Nonprofit Organizations](https://thecreditunionconnection.com/affinity-plus-foundation-fhlb-des-moines-award-1-million-in-grants-to-41-minnesota-nonprofit-organizations/): Partnership leverages Member Impact Fund to expand resources for affordable housing, community development and hunger relief The Affinity Plus Foundation, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), is excited to announce $1 million in Member Impact Fund grants to 41 nonprofit organizations across Minnesota. The Member Impact Fund matches up to $3 for every $1 contributed by FHLB Des Moines member institutions, supporting affordable housing and community development initiatives statewide. “Through this grant program, we are able to significantly expand our local charitable impact and support the incredible work of nonprofits serving our […] - [Royal Credit Union Announces New Executive Vice President- Chief Financial Officer](https://thecreditunionconnection.com/royal-credit-union-announces-new-executive-vice-president-chief-financial-officer/): Royal Credit Union (Royal) has named Ryan Balts Executive Vice President- Chief Financial Officer. In this role, Balts will oversee Accounting and Financial Analysis, ensuring excellence in service delivery, fostering strategic collaboration within the Executive Team, and driving financial success for the organization. Balts, who has served as Royal’s Vice President of Finance for the past eleven years, brings extensive expertise in financial strategy, investment management, and operational leadership to his new position. “Ryan brings a strong track record of financial leadership, strategic insight, and a collaborative approach that aligns deeply with Royal’s values,” said Brandon Riechers, Royal Credit Union […] - [Luminate Innovations and Griffin & Furman Announce Strategic Partnership to Launch Bright Balanced Solutions](https://thecreditunionconnection.com/luminate-innovations-and-griffin-furman-announce-strategic-partnership-to-launch-bright-balanced-solutions/): A New Company Delivering Comprehensive Back Office Support for Credit Unions Luminate Innovations and Griffin & Furman, LLC are proud to announce the launch of Bright Balanced Solutions, a joint venture designed to meet the growing demand for reliable and expert back office support services among credit unions. This strategic partnership brings together Luminate Innovations’ deep understanding of the credit union movement and Griffin & Furman’s respected financial expertise to deliver trusted, high-quality outsourced solutions. Bright Balanced Solutions is built to support credit unions with the behind-the-scenes work that keeps operations strong and compliant — so they can focus on serving […] - [Texas Trust Credit Union’s Community Outreach Wins Industry Recognition](https://thecreditunionconnection.com/texas-trust-credit-unions-community-outreach-wins-industry-recognition/): Texas Trust Credit Union was recognized by the Cornerstone Marketing and Business Development Council for two community outreach campaigns. Each of those efforts received a Pinnacle award. Pinnacle Award winners were recognized at the IMPACT 2025: Cornerstone Annual Meeting. The event honored 23 individual credit unions that showcased creativity and strategic acumen in their marketing and publicity efforts last year. Texas Trust’s all-staff meeting, in support of the Mission Arlington community support organization, received top honors in the special event category. The annual employee meeting was turned into a day of service, which involved more than 300 employees volunteering together. The […] - [Southern Energy Credit Union Announces Executive Leadership Transition](https://thecreditunionconnection.com/southern-energy-credit-union-announces-executive-leadership-transition/): Southern Energy Credit Union announced a planned leadership transition. After 43 years of dedicated service, President and Chief Executive Officer Derrick E. Ragland Jr. will retire September 30, 2025. The Board of Directors has appointed current Vice President and Chief Operating Officer, Andy Rush, to serve as the next President and Chief Executive Officer effective October 1, 2025.  “We would like to thank Derrick for his long history of dedicated service. He has strategically set up our Credit Union for long-term sustainability and success.” Greg Shipp, Chairman of the Board of Directors, stated. “With Andy’s vision, experience, and passion for […] - [Virginia Credit Union Donating $100,000 to Support Boys & Girls Clubs of Metro Richmond](https://thecreditunionconnection.com/virginia-credit-union-donating-100000-to-support-boys-girls-clubs-of-metro-richmond/): Donation Will Support Clubs’ Life and Career Pathways Initiative, Offering Job Skills and Career Exploration Virginia Credit Union will donate $100,000 during the next three years to the Boys & Girls Clubs of Metro Richmond. The donation will support the clubs’ Life & Career Pathways initiative, which provides young people with real-world career exposure, durable job skills, enriching summer programs, and confidence-building mentorship opportunities. “At VACU, we understand the power of local giving and its profound impact on people and our communities, especially initiatives that help young people reach their greatest potential,” said VACU President/CEO Chris Shockley. “We are proud […] - [Arise Community Credit Union to Officially Open on Juneteenth](https://thecreditunionconnection.com/arise-community-credit-union-to-officially-open-on-juneteenth/): The Association for Black Economic Power (ABEP) and the Minnesota Credit Union Network (MnCUN) proudly announce Arise Community Credit Union (Arise) will open on Juneteenth, June 19, 2025. This momentous occasion will be commemorated at a Minnesota State Capitol Juneteenth event, inviting community members to unite in celebrating this significant day of freedom and economic empowerment. “Arise Community Credit Union, Minnesota’s first black-led credit union, stands as a testament to our dedication to advancing economic equity,” explained Dr. Juneau Robbins, ABEP Board Chair.  Open to all, Arise Community Credit Union is dedicated to providing accessible banking services, equipping residents of Hennepin and Ramsey […] - [Champion of “People Helping People” Steve Swofford Receives Distinguished Service Award](https://thecreditunionconnection.com/champion-of-people-helping-people-steve-swofford-receives-distinguished-service-award/): The League of Credit Unions & Affiliates is thrilled to announce that Steve Swofford, President and CEO of Alabama Credit Union, is the 2024 Distinguished Service Award recipient. This prestigious honor recognizes individuals who have demonstrated a lifetime of outstanding commitment, leadership, and impact on the credit union movement.  The League Awards celebrate credit unions and professionals who embody the cooperative spirit and exemplify the values of service, innovation, and integrity. Awards were presented at The League’s annual convention, ENGAGE. Steve Swofford began his credit union career in 1980 with the Alabama Credit Union League, where he started as Director […] - [CU SoCal Joins Community Leaders to Champion Senior Financial Safety](https://thecreditunionconnection.com/cu-socal-joins-community-leaders-to-champion-senior-financial-safety/): Credit Union of Southern California (CU SoCal) partnered with Assemblymembers Michelle Rodriguez (District 53) and John Harabedian (District 41), the California Department of Insurance, and the Department of Financial Protection and Innovation (DFPI) to support the “Senior Scam Busters” seminar, held on May 30 at the Landecena Community Building in Upland, CA. The event, themed “Your Guide to Being Scam Free,” offered essential tips and resources to help seniors identify, avoid, and report financial scams. As scams targeting older adults continue to rise, awareness events such as this are critical for delivering timely guidance and best practices that safeguard seniors’ financial well-being. As part of the event, CU SoCal also distributed dozens […] - [Origence And Alloy Partner To Deliver Best-In-Class Fraud Protection For Credit Unions](https://thecreditunionconnection.com/origence-and-alloy-partner-to-deliver-best-in-class-fraud-protection-for-credit-unions/): Integration unlocks growth opportunities to streamline onboarding, enhance the member experience, and strengthen security. Origence announced a strategic partnership with Alloy, a premier identity and fraud prevention platform provider. This partnership provides credit unions with a scalable and highly effective solution to grow their business by streamlining digital member onboarding and digital lending while also proactively mitigating fraudulent activity.  Through this partnership, Alloy will enable credit unions to verify member identities with access to more than 200 best-in-class sources of fraud, identity, and compliance data without the burden of managing individual integrations. Alloy provides credit unions with the ability to:  Fraud […] - [DCUC Advocates for Military and Rural Communities and Applauds Bipartisan TRAPS Act ](https://thecreditunionconnection.com/dcuc-advocates-for-military-and-rural-communities-and-applauds-bipartisan-traps-act/): As Congress prepares for critical hearings this week with U.S. Treasury Secretary Scott Bessent and USDA Secretary Brooke Rollins, the Defense Credit Union Council (DCUC) has engaged with both the House Committee on Agriculture and the House Committee on Ways and Means to outline key policy recommendations; ensuring military families, rural communities, and veteran entrepreneurs are not left behind in the nation’s economic agenda. In its letter to the House Committee on Agriculture, DCUC noted: “Credit unions are uniquely positioned to serve rural America—especially around military bases that function as economic anchors,” says Jason Stverak, DCUC Chief Advocacy Officer. “But outdated lending caps and […] - [DocMagic Powers First-Ever eHELOC Registration with MERS® eRegistry for Truliant FCU](https://thecreditunionconnection.com/docmagic-powers-first-ever-eheloc-registration-with-mers-eregistry-for-truliant-fcu/): DocMagic, Inc. announced today that Truliant Federal Credit Union successfully leveraged DocMagic’s end-to-end digital lending technology to complete the mortgage industry’s first electronic Home Equity Line of Credit (eHELOC) registration with the MERS® eRegistry. HELOCs can now be fully digitized, stored, and transferred as compliant electronic assets. This represents a big step forward for the mortgage industry. “We have a long tradition of industry firsts, including executing the first eClosings in North Carolina and Massachusetts,” said Brian D. Pannell, Chief eServices Executive at DocMagic. “Registering the first-ever eHELOC with MERS® reflects our long-standing commitment to our clients and industry partners.” DocMagic’s eHELOC solution […] - [Redwood Credit Union welcomes Steve Greig as Senior Vice President of Marketing and Communications](https://thecreditunionconnection.com/redwood-credit-union-welcomes-steve-greig-as-senior-vice-president-of-marketing-and-communications/): Steve Greig has joined Redwood Credit Union (RCU) as senior vice president of marketing and communications. In his role, Greig leads the marketing and communications teams, driving strategic campaigns that amplify RCU’s products and services, while ensuring consistent messaging across corporate and member communications, public relations, marketing, and social media. Greig is a seasoned marketing executive with over 30 years of experience in building brand value, driving growth, and developing high-performing teams. Previously, as vice president of global marketing at Visa Inc., Steve led key global marketing initiatives across more than 200 countries, including Olympics and FIFA sponsorships and cross-border […] - [Alkami Wins "Best New Community" for Digital Network Connecting Customers like Kennebec Savings Bank](https://thecreditunionconnection.com/alkami-wins-best-new-community-for-digital-network-connecting-customers-like-kennebec-savings-bank/): The 2025 CMX Community Industry Awards recognizes Alkami’s rapid success in building an engaged, customer-driven community experience Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced that it has been named the winner of the Best New Community award at the 2025 CMX Community Industry Awards, recently hosted at the CMX Summit 2025 in Redwood City, California. Now in its sixth year, the CMX Community Industry Awards celebrate the achievements of community professionals and teams across the globe. The Best New Community category honors an online community launched or relaunched after January 1, 2024, that has rapidly grown, engaged members, and demonstrated […] - [The future of mobile banking is 'thoughtful' for Shoreline Hometown Credit Union](https://thecreditunionconnection.com/future-of-mobile-banking-a-sneak-peek/): The future of mobile banking will be ‘thoughtful’ – at least for Shoreline Hometown Credit Union. Our Founder/CEO, Sarah Snell Cooke, recently interviewed Nathan Grossenbach, President/CEO of Shoreline Hometown Credit Union, and Denny Howell, COO at Mahalo, to shed light on the evolving landscape of mobile banking and what it takes to thrive in this competitive environment. Shoreline Hometown CU, a $139 million credit union, is enhancing its member experience by upgrading its mobile banking provider. Nathan emphasizes their commitment to serving diverse member groups, from long-standing patrons dating back to the 1950s to newer members in urban areas. This […] - [SchoolsFirst FCU Team Members Help Harvest 6,000 Pounds of Produce on Credit Union Industry’s Development Education Day of Service](https://thecreditunionconnection.com/schoolsfirst-fcu-team-members-help-harvest-6000-pounds-of-produce-on-credit-union-industrys-development-education-day-of-service/): SchoolsFirst Federal Credit Union participated in the credit union industry’s annual Development Education (DE) Day of Service on June 11, joining forces with credit union teams from around the world to complete a day of community service. This designated day is for alumni who have completed the Credit Union Development Education (CUDETM) program to use their training individually or collectively to complete a project to improve the lives of others. Projects support the key areas where credit unions make a difference, including helping others overcome barriers to financial well-being in the areas of health, housing, hunger, access to credit, transportation, diversity […] - [TruStage™, Ascent Partner to Streamline Financial Protection Process](https://thecreditunionconnection.com/trustage-ascent-partner-to-streamline-financial-protection-process/): Partnership offers seamless digital lending experience and expands non-interest income TruStage™ and Ascent Platform Corporation are announcing a stronger partnership to bring consumers greater access to financial protection. “During this time of economic uncertainty, eight in 10 consumers are interested in protecting their loans, but most don’t realize Payment Protection is an option,” said Sam Das, managing director of TruStage Ventures, referencing the company’s March 2025 Consumer Lending Preferences Study1. “Ascent enables credit unions to more easily offer TruStage Payment Protection products, embedding them in online consumer and business loan originations. This digital experience helps more members reach their financial goals.” […] - [CCUA’s Massachusetts Credit Unions Raise $100,000 for A Bed for Every Child at 8th Annual Charity Golf Tournament](https://thecreditunionconnection.com/ccuas-massachusetts-credit-unions-raise-100000-for-a-bed-for-every-child-at-8th-annual-charity-golf-tournament/): The Cooperative Credit Union Association’s (CCUA) Massachusetts Credit Unions raised $100,000 for A Bed for Every Child, an initiative of the Massachusetts Coalition for the Homeless, during the 8th annual Stephen D. Jones Credit Union Charity Golf Tournament held at Sterling National Country Club. “Massachusetts Credit Unions have once again demonstrated what it means to live out the credit union mission of ‘people helping people,’” said Ron McLean, President & CEO of the CCUA. “Their unwavering commitment to A Bed for Every Child continues to make a lasting impact on children and families throughout the state.” Hosted by the CCUA’s Massachusetts Social Responsibility Committee, […] - [Alloya Corporate FCU Facilitates Multi-Issuer Auto Loan Securitization](https://thecreditunionconnection.com/alloya-corporate-fcu-facilitates-multi-issuer-auto-loan-securitization/): To do something that has never been done before requires initiative, hard work, creativity and, in this case, the Power of Cooperation that credit unions use as their secret weapon to compete. Alloya, working alongside three credit unions, Blaze (Minnesota), Consumers (Illinois) and Interra (Indiana), completed the credit union network’s first ever multi-issuer prime auto loan asset-backed securitization (ABS). This group of credit unions should be considered pioneers as they have opened a significant new source of liquidity for the entire credit union network. Banks have never completed a multi-issuer ABS, and this powerful story is a shining example of how credit unions working […] - [Pocketnest Supercharges Credit Union Growth](https://thecreditunionconnection.com/pocketnest-supercharges-credit-union-growth/): MSUFCU members show double engagement, deposits, product adoption Pocketnest accelerates growth and member engagement for credit unions nationwide. Michigan State University Federal Credit Union (MSUFCU) members using Pocketnest save and engage more, and adopt products at nearly twice the rate of their peers. “Pocketnest enables us to offer members personalized, AI-driven financial wellness tools while helping our credit union to boost deposits, cross-sell revenue, and product awareness,” said Ben Maxim, chief technology officer, MSUFCU and chief operating officer, Reseda Group. “These members are more likely to adopt high-value products and maintain higher savings balances, making Pocketnest a clear driver of member wellness and credit […] - [HRCU Recognizes 2025 Annual Scholarship Recipients](https://thecreditunionconnection.com/hrcu-recognizes-2025-annual-scholarship-recipients/): Holy Rosary Credit Union (HRCU) recently announced a record 18 recipients of its 2025 HRCU Annual Scholarship. The students, including one Spaulding High School (SHS) Banking and Financial Services program scholar, were awarded their scholarships at a ceremony at HRCU’s Rochester branch on Monday, June 16. “Awarding some of our youngest and most deserving members has been a proud tradition dating back 30 years,” said HRCU President and CEO Brian Hughes. “We believe that investing in our youth is an investment in our community and our Annual Scholarship program is just one of the many ways in which we do that.” […] - [Firelands Federal Credit Union Selects Mahalo Banking to Deepen Member Engagement](https://thecreditunionconnection.com/firelands-federal-credit-union-selects-mahalo-banking-to-deepen-member-engagement/): New partnership delivers a more accessible, secure, and personalized digital banking experience for credit union members Firelands Federal Credit Union (‘Firelands’) has chosen Mahalo Banking as its new digital banking partner, enabling the credit union to provide a modernized, community-focused digital experience for its members. After a thorough evaluation of market options, Firelands selected Mahalo for its elevated functionality, flexible integrations, and shared dedication to empowering members with user-friendly, secure banking tools. “We were committed to finding a digital banking partner that aligns with our vision of providing the best possible experience for our members,” said Dominic Despues, Senior Vice […] - [Wheelhouse Credit Union Names Jesse Avery as Chief Financial Officer](https://thecreditunionconnection.com/wheelhouse-credit-union-names-jesse-avery-as-chief-financial-officer/): Seasoned Financial Executive Bringing More Than 20 Years of Industry Expertise Wheelhouse Credit Union (Wheelhouse) has appointed Jesse Avery as its Chief Financial Officer. In this role, Mr. Avery will oversee all aspects of the Credit Union’s financial strategy and operations, including long-term planning, budgeting, and financial performance optimization. He will report directly to Wheelhouse President/CEO Lisa Paul-Hill. “We are excited to welcome Jesse to our executive leadership team,” said Wheelhouse President/CEO Lisa Paul-Hill. “His deep expertise in financial strategy and risk management, along with a strong track record of driving sustainable growth, will be invaluable as we continue to strengthen […] - [All One Credit Union Opens Branch at Worcester Tech](https://thecreditunionconnection.com/all-one-credit-union-opens-branch-at-worcester-tech/): We are excited to announce that we will be opening an All One Credit Union (AOCU) Branch inside Worcester Technical High School in August 2025 to coincide with the start of the 2025-2026 school year.  “The opening of Worcester Technical High School Branch conveys AOCU’s commitment and belief in the importance of providing financial education to the youth and community in Worcester. Providing access to financial services and fostering a culture of responsible money management, assists in making informed financial decisions and lays a strong foundation for future financial well-being. By having access to this branch classroom, we are creating […] - [RBFCU Makes $100,000 Donation Supporting Central Texas Flood Relief](https://thecreditunionconnection.com/rbfcu-makes-100000-donation-supporting-central-texas-flood-relief/): The Texas-Based Credit Union Launches Initial Community Relief Pledges Randolph-Brooks Federal Credit Union (RBFCU) announced Monday a $100,000 donation to assist Central Texas flood relief efforts. “In the wake of these devastating floods that have brought tragedy to our neighbors, friends, families and fellow Texans, RBFCU pledges to be a steadfast partner in the Hill Country’s recovery, ” said RBFCU President and CEO Mark Sekula. “Credit unions are about people helping people, and we hope that this is the start to help rebuild lives and restore hope.” The credit union will allocate $25,000 each to Cross Kingdom Church, Kerr County […] - [NCUA Monitoring and Assisting Credit Unions Affected by Flooding in Texas](https://thecreditunionconnection.com/ncua-monitoring-and-assisting-credit-unions-affected-by-flooding-in-texas/): Deposits Remain Insured; Agency Monitoring Conditions to Ensure Access to Services As the state of Texas recovers from damage caused by severe storms, straight line winds and flooding, the National Credit Union Administration is monitoring the situation closely and has resources available to help credit unions affected. NCUA examiners have been working to stay in contact with credit unions in the areas affected, determine their status, and offer assistance as needed. Credit unions needing assistance should contact their regional offices. Member deposits at federally insured credit unions remain protected by the National Credit Union Share Insurance Fund. Administered by the […] - [DCUC to Treasury: Include Credit Unions in ‘Trump Accounts’ Rollout for Newborns](https://thecreditunionconnection.com/dcuc-to-treasury-include-credit-unions-in-trump-accounts-rollout-for-newborns/): Today, the Defense Credit Union Council (DCUC) has sent a letter to Treasury Secretary Bessent offering support and assistance in implementing the Creating Hope and Opportunity for Our Babies and Toddlers (CHOBAT) Act—a key provision of H.R. 1, the One Big Beautiful Bill. This landmark initiative, often referred to as the “Trump Accounts” or baby bonus accounts, establishes a one-time $1,000 government-funded custodial account for every American newborn from 2025 through 2028. The program is to be administered by private financial institutions under Treasury oversight. “…At numerous U.S. bases and installations abroad, the on-base credit union is the primary (sometimes […] - [First Tech Federal Credit Union Sponsors New Portland Thorns Statistician Role](https://thecreditunionconnection.com/first-tech-federal-credit-union-sponsors-new-portland-thorns-statistician-role/): Unlocking opportunities for women’s sports, engaging fans and sparking interest in STEM among young adults First Tech Federal Credit Union (First Tech) announced today its support for the Portland Thorns FC through the funding of a new, paid Performance Data Coordinator role. This position is designed to strengthen the team’s data capabilities and deepen fan engagement through advanced analytics and reporting. By investing in this role as part of its First Tech Beyond™ program, First Tech continues to demonstrate its innovative approach to sponsorship — one that actively addresses equity gaps in women’s sports. Statistics and Analytics Play Central Role in Modern SoccerThis position […] - [DCUC Leads Credit Union Advocacy on Military Financial Readiness in FY2025 NDAA](https://thecreditunionconnection.com/dcuc-leads-credit-union-advocacy-on-military-financial-readiness-in-fy2025-ndaa/): The Defense Credit Union Council (DCUC) has sent a letter to the Senate Armed Services Subcommittee on Personnel outlining our top legislative priorities for inclusion in the Fiscal Year 2025 National Defense Authorization Act (NDAA). These priorities reflect over sixty years of DCUC’s expertise in representing and championing its member credit unions’ service to more than 300 military installations and surrounding communities worldwide. “As the Senate finalizes the FY2025 NDAA, DCUC stands ready to collaborate on policies that not only strengthen military families’ financial security but also protect mission-critical credit union services and ensure servicemembers have the resources they need […] - [The Credit Union Connection Helps You Make Your Voice Heard!](https://thecreditunionconnection.com/the-credit-union-connection-helps-you-make-your-voice-heard/): Our Advocacy page includes regulatory comment periods, PR opportunities and more! Lydia Wedlock, editorial assistant, The Credit Union Connection Credit unions serve millions of members across the country. Consequently, with all the $h!t you go through every day, credit union leaders have a lot to say! And you deserve to be heard. This is why we created our Advocacy Section at The Credit Union Connection for you. If there’s something your credit union needs to say, you can find where and when you should say it right here! Our Your Advocacy page helps keeps you up to date with legislative and regulatory actions affecting credit unions. […] - [PenFed Foundation for Military Heroes Awards $50,000 Grant to Soldiers to Sidelines to Empower Military Community as Coaches](https://thecreditunionconnection.com/penfed-foundation-for-military-heroes-awards-50000-grant-to-soldiers-to-sidelines-to-empower-military-community-as-coaches/): Soldiers to Sidelines is dedicated to educating, certifying, developing and supporting members of the military community to become expert coaches and exemplary role models for youth The PenFed Foundation for Military Heroes today announced that it has awarded Soldiers to Sidelines a $50,000 Military Heroes Grant to support their Coaching Summit, scheduled for July 24-26th in Nashville, Tenn. This grant will directly support 450 individuals. Soldiers to Sidelines is dedicated to educating, certifying, developing and supporting members of the military community to become expert coaches and exemplary role models for today’s impressionable youth. “It’s a privilege to come alongside Soldiers to Sidelines in their mission of cultivating community connection […] - [Andrews Federal Credit Union Taps Scienaptic AI to Elevate Lending and Expand Credit Access](https://thecreditunionconnection.com/andrews-federal-credit-union-taps-scienaptic-ai-to-elevate-lending-and-expand-credit-access/): Scienaptic AI today announced that Andrews Federal Credit Union, based in Suitland, Maryland, has chosen its platform to enhance credit access for its members. Andrews Federal is adopting Scienaptic’s AI-powered, regulatory-compliant technology to support its goals of making faster, smarter lending decisions, streamlining credit processes, and extending lending opportunities to underserved members. Founded in 1948, Andrews Federal Credit Union serves over 141,000 members worldwide and holds more than $2.5 billion in assets. With 15 branches across Washington, D.C., Maryland, Virginia, New Jersey, and locations in Germany, Belgium, and the Netherlands, the credit union has proudly supported military and civilian communities for […] - [Nacha Supports Executive Order to Eliminate Federal Check Payments, Citing Cost Savings and Fraud Reduction](https://thecreditunionconnection.com/nacha-supports-executive-order-to-eliminate-federal-check-payments-citing-cost-savings-and-fraud-reduction/): Nacha submitted formal comments in support of Executive Order 14247, “Modernizing Payments To and From America’s Bank Account,” applauding the Treasury Department’s efforts to eliminate paper checks for federal disbursements and collections. The executive order, which directs a full transition to electronic payments by Sept. 30, 2025, for federal disbursements, aligns with long-standing Nacha priorities to enhance efficiency, security and inclusion in the payments system. “The federal government has long been a leader in adopting electronic payments, and fully transitioning away from paper checks is a significant step that will benefit American consumers and businesses while saving the federal government […] - [Bay Federal Credit Union Helps Eight First-Time Homebuyers with $400,000 in Down Payment Grants](https://thecreditunionconnection.com/bay-federal-credit-union-helps-eight-first-time-homebuyers-with-400000-in-down-payment-grants/): Bay Federal Credit Union has helped eight local families achieve their dream of homeownership by distributing $400,000 in down payment assistance grants through the Federal Home Loan Bank of San Francisco’s Middle-Income Downpayment Assistance Program. In both 2024 and 2025, Bay Federal awarded $200,000 annually in grants of up to $50,000 each to four first-time homebuyers, easing the burden of down payment and closing costs for eligible middle-income members in Santa Cruz, Monterey, and San Benito counties. “Saving for a down payment remains one of the biggest challenges for many aspiring homeowners,” said Michael Smith, Vice President of Mortgage Lending […] - [American Heritage Credit Union Named a Best Place to Work for 2025](https://thecreditunionconnection.com/american-heritage-credit-union-named-a-best-place-to-work-for-2025/): Proudly Recognized by The Philadelphia Business Journal for the Nineteenth Year in a Row American Heritage Credit Union (“American Heritage”) has been named one of the Best Places to Work (Extra-Large Category) by the Philadelphia Business Journal for 2025. This prestigious award recognizes companies and organizations that have demonstrated exceptional employee satisfaction, career development programs, and holistic benefits packages. This is the nineteenth year in a row that American Heritage has been named to this list. American Heritage was recognized in the Extra-Large Category of the Philadelphia Business Journal’s list. This distinction is given to companies with 300 or more associates. The Philadelphia Business […] - [DCUC Welcomes SchoolsFirst Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-schoolsfirst-federal-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes SchoolsFirst Federal Credit Union as its newest affiliate member. Since 1934, SchoolsFirst FCU has been dedicated to delivering World-Class Personal Service and financial security to California school employees and their families. As a not-for-profit, member-owned credit union, SchoolsFirst FCU returns earnings to its Members through lower loan rates, higher savings rates, low fees and a range of complimentary services. Guided by the “people helping people” philosophy, the credit union supports its communities through events, scholarships, and financial education. Today, with over 1.5 million members and $34billion in assets, SchoolsFirst FCU is the largest […] - [Telhio Credit Union Partners with Ronald McDonald House Charities for Ohio State Fair Day](https://thecreditunionconnection.com/telhio-credit-union-partners-with-ronald-mcdonald-house-charities-for-ohio-state-fair-day/): Telhio Credit Union’s philanthropic partnership with Ronald McDonald House Charities of Central Ohio (RMHC) continues for the seventh consecutive year at the Ohio State Fair. In a joint initiative to engage with the community while raising awareness for families and children, they will participate in a special day at the fair on Friday, August 1.  Telhio and RMHC Day at the Fair is an exciting and intentional way to support the House’s mission to be a home-away-from-home for families with seriously ill children receiving treatment at Columbus area hospitals. It’s also an opportunity for both organizations to engage with members […] - [How Credit Unions Can Join the Fight Against Elder Financial Abuse with Carefull](https://thecreditunionconnection.com/how-credit-unions-can-join-the-fight-against-elder-financial-abuse-with-carefull/): The financial safety of our older loved ones has never been more critical than now in a world where publicly available AI is free to anyone. Sarah Snell Cooke, host of The Credit Union Connection, recently sat down with Todd Rovak, CEO and co-founder of Carefull, to shed light on the pervasive issue of elder fraud and how his company is providing a vital shield for seniors and their families. Their conversation, available in full in the video below, reveals staggering statistics and innovative solutions. Todd highlights that elder fraud extends beyond the most elderly, encompassing individuals in their 50s […] - [SECU joins North Carolina Governor's Office for 2025 School Supply Drive to Benefit Teachers and Students](https://thecreditunionconnection.com/secu-joins-north-carolina-governors-office-for-2025-school-supply-drive-to-benefit-teachers-and-students/): SECU’s statewide network of 275 branches serving as collection sites State Employees’ Credit Union (SECU) is pleased to announce its continued support for the annual Governor’s School Supply Drive, which kicked off Wednesday morning with an announcement by Governor Josh Stein at SECU’s Salisbury Street office in downtown Raleigh. This is the seventh year SECU branches have served as collection sites for the Drive to benefit North Carolina’s teachers and students. Donations can be dropped off at any of SECU’s 275 branches now through August 1. Wish list items include pencils and pens, markers and colored pencils, dry erase boards and markers, paper, […] - [Day Air Credit Union Raises $5,000 for SICSA Through “Paws Your Payment”](https://thecreditunionconnection.com/day-air-credit-union-raises-5000-for-sicsa-through-paws-your-payment/): Day Air Credit Union is proud to announce the success of its recent Paws Your Payment campaign, which raised $5,000 for SICSA Pet Adoption and Wellness Center. The campaign gave members the opportunity to pause their auto loan paymentsfor 90 days, while Day Air donated $100 to SICSA for every completed refinance between May 10 and June 30. “At Day Air, we’re committed to making a positive difference in our community,” said Bill Burke, President and CEO of Day Air Credit Union. “This campaign was a great way for members to save money and reduce financial stress during the summer […] - [TruWest Ignites Community Spirit on I Love My Credit Union Day](https://thecreditunionconnection.com/truwest-ignites-community-spirit-on-i-love-my-credit-union-day-2/): Credit Union Members Unite on July 25 to Share Their Stories and Love for TruWest On Friday, July 25, TruWest® Credit Union will join credit union enthusiasts nationwide to unite for a day dedicated to celebrating the many reasons community members love their credit unions. This day is an opportunity to inspire engaging and lively conversations about the impact of credit unions in the local community. Each July, credit unions kick off a major social media campaign to raise community awareness about the credit union movement. This year, TruWest Credit Union is excited to enhance the celebration with special activities at its Financial Service Centers. […] - [Apotheos FC Players Met Fans at Associated Credit Union Member Appreciation Day Event](https://thecreditunionconnection.com/apotheos-fc-players-met-fans-at-associated-credit-union-member-appreciation-day-event/): Associated Credit Union (ACU) partnered with Apotheos FC to host its Member Appreciation Day (MAD) event for current and potential ACU members. Held on Friday, June 27, several Apotheos FC players – Aaron Whitten, Tommy Redd, and Christian Carlton – met fans and served lunch at ACU’s North Druid Hills location at 2250 N Druid Hills Rd. “Associated Credit Union proudly hosted Apotheos FC on-site at our North Druid Hills location as part of our Member Appreciation Day,” said Tom Maiellaro, VP of Marketing at ACU. “Our partnership with the Atlanta-based soccer club provides us with exciting and unique opportunities to make our members […] - [Addition Financial Credit Union Earns 2025 USA TODAY Top Workplaces Award](https://thecreditunionconnection.com/addition-financial-credit-union-earns-2025-usa-today-top-workplaces-award/): Addition Financial Credit Union has earned the Top Workplaces Award, presented by USA TODAY and Energage. This recognition is based on employee feedback and honors organizations with exceptional, people-first cultures. Top Workplaces winners are recognized for their commitment to fostering a professional environment that values employee listening and engagement. The confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006, determines the winners by soliciting authentic employee feedback. “We are incredibly honored to be named as a USA TODAY Top Workplace, especially because this recognition comes directly from our team members,” said Kevin Miller, President […] - [Two Credit Unions Announce Promotions; LAFCU CFO Named a Notable Leader in Finance](https://thecreditunionconnection.com/two-credit-unions-announce-promotions-lafcu-cfo-named-a-notable-leader-in-finance/): Two credit unions, including Unitus Community Credit Union, announced promotions within their organizations, and LAFCU‘s CFO was named a 2025 Notable Leader in Finance. New Hires: Recognitions: Promotions: Appointments: - [Westerly Community Credit Union Appoints Andrew Rogers as President](https://thecreditunionconnection.com/westerly-community-credit-union-appoints-andrew-rogers-as-president/): The Westerly Community Credit Union (WCCU) Board of Directors is pleased to announce the appointment of Andrew Rogers as incoming President. Stephen J. White, current WCCU President and Chief Executive Officer (CEO) will work with Rogers to ensure a smooth transition until his retirement on Jan 31, 2026. Upon the retirement, Rogers will become President and CEO. Pete Stefanski, WCCU Board Chairperson, stated, “The Westerly Community Credit Union Board of Directors voted unanimously for Andrew to succeed Steve as President and subsequently CEO.”  Stefanski added, “Andrew has “grown up” with the Credit Union and has a thorough knowledge of all Credit […] - [AdelFi Credit Union Advances Digital Strategy with Alkami Digital Banking Platform](https://thecreditunionconnection.com/adelfi-credit-union-advances-digital-strategy-with-alkami-digital-banking-platform/): AdelFi delivers seamless retail and business banking experiences through Alkami’s feature-rich, data-driven digital banking solution Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced today that AdelFi Credit Union (AdelFi) has successfully implemented the Alkami Digital Banking Platform (Platform) to enhance its digital experience for both retail and business members. With Alkami, AdelFi delivers a secure, modern banking experience that supports its mission of meeting members where they are, digitally and seamlessly. The deployment included Alkami’s Digital Banking, Data & Marketing Solution, and advanced automated clearing house (ACH) functionality, providing a cohesive platform that blends intuitive design with powerful capabilities. “Alkami’s Platform resonates with our […] - [Chartway Credit Union Promotes Russ Cronin to Chief Financial Officer](https://thecreditunionconnection.com/chartway-credit-union-promotes-russ-cronin-to-chief-financial-officer/): Chartway Credit Union is pleased to announce the promotion of Russ Cronin to Chief Financial Officer (CFO). Since joining the organization as senior vice president of financial strategy & accounting earlier this year, Russ has consistently demonstrated outstanding leadership, strategic vision, and deep financial expertise. “In the short time Russ has been with Chartway, his financial acumen and strategic thinking have been instrumental in supporting Chartway’s growth,” said Brian Schools, president & CEO of Chartway. “His leadership makes him the right person to serve as our CFO as we continue to deliver value and purpose to our members and communities.” […] - [CD Valet Shares Analysis on June CD Rates](https://thecreditunionconnection.com/cd-valet-shares-analysis-on-june-cd-rates/): Average credit union CD rate APY was approximately 17% higher than average bank CD rate APY CD Valet today shared that from June 1-June 30, 2025, approximately 42% of CD rate changes were an increase, despite the Federal Funds rate remaining unchanged during June’s Federal Open Market Committee (FOMC) meeting. In its monthly Ratewatcher report, CD Valet analyzes its digital marketplace of over 30,000 retail CD rates, representing over 4,000 banks and credit unions, to uncover patterns and trends. As of June 30, there were 734 rate APY increases reported during the month, averaging 35 basis points. There were 1,027 CD rate APY decreases, averaging 23 […] - [OOPS! $95M in Charges Dropped by CFPB Against Navy Federal](https://thecreditunionconnection.com/oops-95m-in-charges-dropped-by-cfpb-against-navy-federal/): The Consumer Financial Protection Bureau (CFPB) dismissed its previously assessed $95 million against Navy Federal Credit Union related to its overdraft program: Optional Overdraft Protection Service (OOPS). The CFPB previously alleged that members were illegally charged overdraft fees in two ways:  Now, following the change of Administrations, the CFPB has terminated the previous Consent Order and waives any alleged non-compliance with its terms as of July 1, 2025. - [Reliant Donates $2,500 to Greater Rochester Habitat for Humanity](https://thecreditunionconnection.com/reliant-donates-2500-to-greater-rochester-habitat-for-humanity/): Reliant Credit Union recently donated $2,500 to the Greater Rochester Habitat for Humanity, a contribution that will provide support for the organization’s mission of building affordable housing and revitalizing neighborhoods in the Greater Rochester area.  Pamela Heald, President & CEO of Reliant Credit Union, was joined by credit union staff in presenting the donation check to representatives from the Greater Rochester Habitat for Humanity. The check presentation took place on Friday, June 6, on a job site where members of the Reliant team were volunteering for the day, emphasizing Reliant’s commitment to making a positive impact in the areas it […] - [Sikorsky Credit Union Named Connecticut’s Best Credit Union by Forbes for The Sixth Year in a Row](https://thecreditunionconnection.com/sikorsky-credit-union-named-connecticuts-best-credit-union-by-forbes-for-the-sixth-year-in-a-row/): For the sixth consecutive year, Sikorsky Credit Union has been named the #1 Credit Union in Connecticut by Forbes as part of its annual “America’s Best-In-State Credit Unions” list, a rare and remarkable streak that underscores the credit union’s deep-rooted member trust and steadfast service.  The award, presented by Forbes and market research firm Statista Inc., is based on a combination of direct consumer feedback and online reviews. More than 26,000 U.S. consumers were surveyed to rate credit unions on trust, terms and conditions, branch and digital services, customer service, and financial advice. Public reviews were also analyzed for sentiment, […] - [California Credit Union and North Island Credit Union Begin School Supply Drive](https://thecreditunionconnection.com/california-credit-union-and-north-island-credit-union-begin-school-supply-drive/): Credit Union Branches Accepting Donations of School Supplies for Local Students California Credit Union has launched a school supplies drive to help local students start the school year ready to learn in association with NBC4 and Telemundo 52’s Supporting Our Schools back-to-school donation drive. In the third year of the partnership, the organizations are working to help local students start the school year with the supplies they need.  Through July 26, California Credit Union invites community members to make a difference in a student’s life by dropping off new school supplies at any branch location in Los Angeles and Orange counties. A complete list […] - [FICS® and Wescom Resources Announce Preferred Hosting Partnership](https://thecreditunionconnection.com/fics-and-wescom-resources-announce-preferred-hosting-partnership/): Leading mortgage origination and servicing software provider and service-focused technology CUSO announces new preferred partnership to host full suite of mortgage and lending products. Today, Financial Industry Computer Systems, Inc. (FICS®) and Wescom Resources, a wholly owned credit union service organization (CUSO) of Wescom Financial, announced a new business partnership establishing Wescom Resources as the preferred nationwide hosting partner for FICS’ full suite of industry-leading mortgage software solutions. As part of the collaboration, Wescom Resources will host key products including Mortgage Servicer®, Commercial Servicer®, and Loan Producer®, along with FICS’ complementary reporting and document management services. This announcement represents a […] - [Coastal Credit Union Transforms Headquarters for Hybrid Work and Collaboration](https://thecreditunionconnection.com/coastal-credit-union-transforms-headquarters-for-hybrid-work-and-collaboration/): Coastal Credit Union has completed a transformative renovation of its headquarters in Raleigh, NC. What began as a response to space constraints evolved into a bold reimagining of the workplace, driven by the shift to hybrid work. The result is a state-of-the-art environment designed to foster flexibility, collaboration, and employee well-being. From flexible workstations and vibrant social spaces to cutting-edge technology, the new headquarters empowers staff to work how and where they’re most effective.  “Prior to COVID-19, Coastal was quickly outgrowing our space and planned to build a new building,” said Tyler Grodi, President and CEO. “The pandemic and ensuing shift […] - [Genisys Credit Union Partners with Clarkston Family Farm to Advance Accessibility for All Ages](https://thecreditunionconnection.com/genisys-credit-union-partners-with-clarkston-family-farm-to-advance-accessibility-for-all-ages/): “What are the two rules at the farm? Have fun and be safe!” says Chelsea O’Brien, founder of Clarkston Family Farm (CFF), a non-profit educational farm for learners of all ages and abilities. Genisys Credit Union is supporting their rules by donating $25,000 to their Pathways to Possibilities project, which expands accessibility throughout the farm.  Pathways to Possibilities focuses on creating ADA-accessible walkways to support inclusive community programming for learners regardless of age, ability, or income.  “Our support to Clarkston Family Farm’s Pathways to Possibilities project reflects our commitment to fostering inclusivity and accessibility within our communities,” said Jackie Buchanan, […] - [Four Points Federal Credit Union Successfully Launches Mahalo’s Digital Banking Platform Alongside Corelation Keystone Conversion](https://thecreditunionconnection.com/four-points-federal-credit-union-successfully-launches-mahalos-digital-banking-platform-alongside-corelation-keystone-conversion/): Dual launch of new digital banking platform and core system positions credit union for seamless, scalable member experience Mahalo Banking announced today that Four Points Federal Credit Union (‘Four Points’) has successfully launched its Thoughtful Banking® platform. The implementation, which officially went live on May 2, marks a major step forward in enhancing the credit union’s digital experience for both members and internal teams. “The conversion process was a standout success, thanks to close coordination between departments and a shared focus on delivering a smooth, member-first rollout,” said Bart Protzman, President and CEO of Four Points. “Our go-live experience with […] - [St. Paul Federal Credit Union Selects Tyfone to Enrich Member Digital Banking Experience](https://thecreditunionconnection.com/st-paul-federal-credit-union-selects-tyfone-to-enrich-member-digital-banking-experience/): nFinia chosen for its intuitive design and advanced security features Digital banking provider Tyfone today announced St. Paul Federal Credit Union (St. Paul Federal) chose the nFinia® Digital Banking Platform to enhance its member experience. “When weighing our options, we wanted to select a platform that would make it as simple as possible for members to access their digital banking experience without sacrificing any existing features while also adding new features to the platform,” said Chris Petersen, Interim-CEO at St. Paul Federal. “Tyfone’s configurable and intuitive digital banking platform was the clear choice that meets the needs of our members and also aligns with […] - [Looking Beyond Traditional Credit Scores to Serve Gen Z Members](https://thecreditunionconnection.com/looking-beyond-traditional-credit-scores-to-serve-gen-z-members/): Alison Heller, Sales Director, Consumer Finance at Equifax Workforce Solutions The number of Gen Z consumers with credit files grew from 20 million in 2021 to 34.5 million in 2024, quickly overtaking millennials and the Silent Generation in terms of credit file presence. Yet despite this growth and displaying attributes that are strong indicators of creditworthiness, Gen Z borrowers often hit roadblocks in gaining access to credit. When it comes to managing their personal finances, Gen Z is a unique demographic. They are the first true generation of digital natives, generally financially savvy and tend to favor debit cards, digital […] - [Constellation Digital Partners Appoints Lauren Moran as Chief Executive Officer](https://thecreditunionconnection.com/constellation-digital-partners-appoints-lauren-moran-as-chief-executive-officer/): Founder Kris Kovacs transitions to Board role following successful platform launch and growth Constellation Digital Partners today announced the appointment of Lauren Moran as Chief Executive Officer, effective July 1, 2025. Moran succeeds Kris Kovacs, the company’s founding CEO, who will continue to support Constellation’s long-term strategy and market presence as a member of its Board of Directors. Moran, a seasoned executive with over 15 years of experience in financial services and consulting, has played a key role in Constellation’s development and success. She has held several senior leadership roles—most recently as Chief Operating Officer—where she oversaw implementations, partner success, and operational performance across the organization. “It’s an […] - [Sound Credit Union Completes Conversion of Washington Business Bank](https://thecreditunionconnection.com/sound-credit-union-completes-conversion-of-washington-business-bank/): On Saturday, June 28, 2025, Sound Credit Union (Sound) successfully completed the system conversion of Washington Business Bank (OTCPK: WBZB), based in Olympia, Washington. This milestone marks the final step in Sound’s acquisition of the bank. As part of the transaction, Sound has assumed all assets and substantially all liabilities of Washington Business Bank (WBB). With the addition of the downtown Olympia location, Sound has expanded its branch footprint to 26 full-service locations, enhancing its ability to provide Washingtonians with convenient access to financial tools and services that support both personal and business financial goals. The addition of WBB’s assets […] - [Utah Community Credit Union and TransWest Credit Union Complete Core-Systems Merger in Record Five Months, Supported by Best Innovation Group](https://thecreditunionconnection.com/utah-community-credit-union-and-transwest-credit-union-complete-core-systems-merger-in-record-five-months-supported-by-best-innovation-group/): Utah Community Credit Union (UCCU) and TransWest Credit Union today announced the successful completion of their core-systems merger just five months after signing the letter of intent. By partnering closely with Best Innovation Group (BIG) and blending UCCU’s member-service culture with BIG’s rapid-deployment methodology, the team delivered a seamless transition with zero member downtime. “This was a highly complex project from the start, with significant data, system, and member-experience considerations,” said John Best, CEO of Best Innovation Group. “By training and deploying local-model AI to analyze and streamline structural data in real time, our combined teams turned a major challenge into a […] - [DCUC Applauds Final Budget Package for Preserving Credit Union Tax Status](https://thecreditunionconnection.com/dcuc-applauds-final-budget-package-for-preserving-credit-union-tax-status/): Advocacy Effort Yields Major Win Amid Budget Reconciliation Debate The Defense Credit Union Council (DCUC) today confirmed that the U.S. Senate has passed its budget reconciliation package, excluding any provisions to tax credit unions or alter their longstanding federal tax status. Jason Stverak, DCUC’s Chief Advocacy Officer, stated, “Nowhere in the bill is there any reference to ‘credit unions’ or ‘federal credit unions.’ There are no proposed changes to the Internal Revenue Code that would affect our status.” “This is a significant win for our industry and the millions of Americans we serve,” said Anthony Hernandez, DCUC President/CEO. “We commend […] - [Liquidation Notice To Creditors of Aldersgate Federal Credit Union](https://thecreditunionconnection.com/liquidation-notice-to-creditors-of-aldersgate-federal-credit-union/): The National Credit Union Administration Board placed Aldersgate Federal Credit Union, formerly located at 304 Lingale Ave. Marion, IL, 62959, charter # 15062, into involuntary liquidation on July 1, 2025, and appointed itself Liquidating Agent. All creditors having any claim against Aldersgate Federal Credit Union must submit their completed Proof of Claim to the Liquidating Agent, along with supporting documentation or evidence, by October 9, 2025. All claims or demands must be filed, in writing, and sent to the following physical address, email address or fax number: Liquidating Agent for Aldersgate Federal Credit Union10910 Domain Drive, Suite 200Austin, Texas 7875 amacmail@ncua.govFax […] - [Gigi Hyland Joins Affiliates Management Company Board of Directors](https://thecreditunionconnection.com/gigi-hyland-joins-affiliates-management-company-board-of-directors/): Affiliates Management Company (AMC), the holding company of the Iowa Credit Union League (ICUL), is proud to welcome Gigi Hyland as the newest member of its board of directors. Affiliates Management Company (AMC), the holding company of the Iowa Credit Union League (ICUL), is pleased to announce the appointment of Gigi Hyland, CUDE, CCUFC to its board of directors. “AMC has a strong reputation of innovation and empowering credit unions,” says Hyland. “I’m excited to be on a board alongside forward-thinking leaders who are passionate about strengthening communities through cooperative financial services.” Hyland’s history of incorporating consumer financial health and […] - [Unitus Community Credit Union Announces Key Leadership Promotions](https://thecreditunionconnection.com/unitus-community-credit-union-announces-key-leadership-promotions/): Credit Union promotes three to Senior Vice President Roles, strengthening executive leadership Unitus Community Credit Union is announcing the promotion of three accomplished leaders to Senior Vice President roles, reinforcing its commitment to internal talent development and visionary leadership. Jessica Brown has been named Senior Vice President/Chief People and Culture Officer, reflecting her instrumental role in shaping Unitus’ inclusive and people-centered workplace. In this elevated position, she will continue leading human resources and culture initiatives that foster belonging, empowerment, and professional growth across the organization. “This role is a continuation of the work I care deeply about: creating an environment where every […] - [Greenwood Credit Union Adopts Scienaptic AI to Power Smarter, More Inclusive Lending](https://thecreditunionconnection.com/greenwood-credit-union-adopts-scienaptic-ai-to-power-smarter-more-inclusive-lending/): Scienaptic AI announced today that Greenwood Credit Union, based in Warwick, Rhode Island, has chosen its platform to enhance credit access and deliver faster, automated, and more personalized lending experiences. By leveraging Scienaptic’s regulatory-compliant AI technology, Greenwood CU aims to approve more loans, enhance process productivity, and support inclusive growth across its nationwide membership. Founded in 1948 to meet the financial needs of local families and businesses in the post-World War II era, Greenwood Credit Union has grown from a one-branch community institution to a full-service credit union serving customers across all 50 states. Greenwood offers a wide range of […] - [EECU Ranked #2 Credit Union in Texas by Forbes for Second Year in a Row](https://thecreditunionconnection.com/eecu-ranked-2-credit-union-in-texas-by-forbes-for-second-year-in-a-row/): For the second consecutive year, North Texas-based credit union EECU has been recognized by Forbes as one of America’s Best-in-State Credit Unions. EECU was once again the highest-rated credit union based in North Texas and earned the #2 ranking across the entire state. The Forbes list aims to showcase the institutions most valued by residents in each state, recognizing credit unions that excel in meeting the unique needs and expectations of their local communities. Forbes partnered with market research firm Statista and surveyed approximately 26,000 U.S. residents. Participants were asked to rate their financial institutions on factors including trust, customer service, digital tools, the quality of financial advice given, […] - [United Federal Credit Union Named Tenth Overall on Top 100 Inspiring Workplaces in North America List](https://thecreditunionconnection.com/united-federal-credit-union-named-tenth-overall-on-top-100-inspiring-workplaces-in-north-america-list/): United Federal Credit Union (United) has been ranked in the top ten of the 2025 Top 100 Workplaces in North America by Inspiring Workplaces Group, in association with Employera, at an exclusive event in Chicago. In addition to securing a spot in the top ten overall rankings, United was also recognized among the top five in the large business category and received best-in-class certificates for excellence in key areas of building a people-first culture, including purpose and values, leadership, employee wellbeing, employee voice, and overall employee experience. Unlike other awards which rely on completing a survey, entrants to the Inspiring […] - [Royal Credit Union Named to Forbes List of America’s Best-In-State Credit Unions 2025](https://thecreditunionconnection.com/royal-credit-union-named-to-forbes-list-of-americas-best-in-state-credit-unions-2025/): Royal Credit Union (Royal) has been recognized on the Forbes list of America’s Best-In-State Credit Unions 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was recently announced and can be viewed on the Forbes website. Financial institutions serve as the foundation of the financial world, playing a critical role in maintaining the stability of global systems. America’s Best-In-State Credit Unions 2025 aims to showcase the institutions most valued by residents in each state and to recognize the credit unions that have excelled in meeting the unique needs and […] - [Chartway Awards $48K in Directors’ Memorial Scholarships to 12 Student-Members](https://thecreditunionconnection.com/chartway-awards-48k-in-directors-memorial-scholarships-to-12-student-members/): Record scholarship awards unlock the potential of student members to build bright futures Chartway is proud to announce the recipients of its 2025 Directors’ Memorial Scholarship. This year, 12 student members have each been awarded $4,000—$1,000 more than last year—for a total of $48,000 in financial aid for 2025, marking the largest amount awarded in program history. Since its inception in 1989, the credit union’s Directors’ Memorial Scholarship program has awarded more than $628,000 to high school seniors, college students, and graduate student members seeking financial support to pursue higher education. This year’s recipients were selected based on need, grades, […] - [Unlocking Success: How CUWLA Champions Female Credit Union CEOs](https://thecreditunionconnection.com/unlocking-success-how-cuwla-champions-female-credit-union-ceos/): In a recent episode of The Credit Union Connection, host Sarah Snell Cooke sat down with Linda White, Executive Director of CUWLA (Credit Union Women’s Leadership Alliance), and Corlinda Wooden, CUWLA’s Director of Strategy and Engagement, to discuss the organization’s unique approach to supporting women in leadership within the credit union industry. Linda shared that CUWLA began in 2019 when 13 women explored the idea of a new organization that was initially going to be coed. A pivotal decision was made to focus exclusively on women, creating a safe space where conversations differ slightly from mixed-gender groups. CUWLA officially formed […] - [Butler Heritage Federal Credit Union Closes; Cincinnati Ohio Police Federal Credit Union Assumes Members and Shares](https://thecreditunionconnection.com/butler-heritage-federal-credit-union-closes-cincinnati-ohio-police-federal-credit-union-assumes-members-and-shares/): Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted The National Credit Union Administration (NCUA) today facilitated a partial purchase and assumption between Butler Heritage Federal Credit Union (FCU) in Middletown, Ohio, and the Cincinnati Ohio Police Federal Credit Union (COPFCU). Butler Heritage FCU members should contact COPFCU. COPFCU members, including those members previously with Butler Heritage Federal Credit Union, will experience no interruption in services and their accounts remain federally insured by the National Credit Union Share Insurance Fund. Cincinnati Ohio Police Federal Credit Union (COPFCU) of Cincinnati, Ohio immediately purchased some assets and assumed Butler Heritage FCU’s […] - [Black Dragon Capital℠ and Premier Payments Credit Union Service Organization (CUSO) Velera Join Forces in Seeking Innovative Technologies](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-and-premier-payments-credit-union-service-organization-cuso-velera-join-forces-in-seeking-innovative-technologies/): Largest CUSO in America Enters Strategic Partnership with Multi-Phased Investment Firm to Explore Advanced FinTech Solutions to Benefit Credit Unions Multi-phased investment firm Black Dragon Capital℠ (“Black Dragon”) has formed a new strategic partnership with Velera, a premier payments credit union service organization (CUSO) and integrated financial technology solutions provider.  Black Dragon Capital℠ was founded over a decade ago by recognized financial technology leaders focused on bringing innovative technologies to high-growth industry segments affected by digital disruption. A collaborative team leads the firm, combining deep operational experience with a focus on community impact and a proven ability to transform and grow companies. Velera […] - [Iranian Cyber Actors May Target Vulnerable US Networks and Entities of Interest](https://thecreditunionconnection.com/iranian-cyber-actors-may-target-vulnerable-us-networks-and-entities-of-interest/): CISA, the Federal Bureau of Investigation (FBI), the Department of Defense Cyber Crime Center (DC3), and the National Security Agency (NSA) published Iranian Cyber Actors May Target Vulnerable US Networks and Entities of Interest. This joint fact sheet details the need for increased vigilance for potential cyber activity against U.S. critical infrastructure by Iranian state-sponsored or affiliated threat actors. Defense Industrial Base companies, particularly those possessing holdings or relationships with Israeli research and defense firms, are at increased risk.  At this time, we have not seen indications of a coordinated campaign of malicious cyber activity in the U.S. that can be […] - [Cleveland.com and The Plain Dealer Names Cardinal Credit Union A Recipient of the Northeast Ohio Top Workplaces 2025 Award](https://thecreditunionconnection.com/cleveland-com-and-the-plain-dealer-names-cardinal-credit-union-a-recipient-of-the-northeast-ohio-top-workplaces-2025-award/): Cardinal Credit Union has been awarded a Top Workplaces 2025 award by Northeast Ohio Top Workplaces. This award recognizes companies that cultivate a people-first culture and prioritize employee engagement, growth, and well-being. Cardinal was among 114 Northeast Ohio companies with 150 or fewer employees awarded this distinction. The Top Workplaces list is based on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential and anonymous survey measures the employee experience and includes workplace themes, such as whether employees feel respected, supported, and empowered to execute. At Cardinal, success is measured by employee and member satisfaction—two mutually interdependent objectives. […] - [Kellyanne Conway and Stephanie Cutter to address America’s Credit Unions’ Congressional Caucus](https://thecreditunionconnection.com/kellyanne-conway-and-stephanie-cutter-to-address-americas-credit-unions-congressional-caucus/): Legendary political strategists to pull back curtain on how to build winning campaigns in uncertain times  Kellyanne Conway and Stephanie Cutter, two of D.C.’s most battle-tested, innovative, and award-winning political strategists, will be the keynote speakers for America’s Credit Unions’ Congressional Caucus, happening Sept. 7-9 in Washington, D.C. The event provides credit union professionals with the opportunity to engage directly with lawmakers and the staff who advise them.    “Kellyanne Conway and Stephanie Cutter embody the creativity, grit, and risk-taking vision necessary to deliver big wins to the American people,” said America’s Credit Union President/CEO Jim Nussle. “The combination of their leadership experience, […] - [Corporate Central Launches Business ACH, Empowering Credit Unions to Deliver Modern Payment Solutions to Business Members](https://thecreditunionconnection.com/corporate-central-launches-business-ach-empowering-credit-unions-to-deliver-modern-payment-solutions-to-business-members/): Corporate Central is proud to announce the official launch of Business ACH, the first solution under its growing Beastro Business suite of digital payment services. Business ACH enables credit unions to offer their business members a powerful, secure, and fully branded ACH platform for managing electronic payments—delivering speed, simplicity, and control via the credit union they trust. The solution is already making an impact: Heartland Credit Union is the first credit union to implement Business ACH for its members. “Partnering with Corporate Central to offer Business ACH has been a game-changer for us,” said Becky Tourdot, Vice President Payment Services […] - [NCUA Prohibits Two Individuals In June 2025](https://thecreditunionconnection.com/ncua-prohibits-two-individuals-in-june-2025/): The National Credit Union Administration issued one letter notice of prohibition and one-consent based prohibition order in June 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Notice of Prohibition:  Order of Prohibition: The NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union — have violated a law, rule, or regulation; breached a fiduciary duty; […] - [Redstone Federal CU Empowers Local Nonprofits with $230,000 in Community Impact Grants](https://thecreditunionconnection.com/redstone-federal-cu-empowers-local-nonprofits-with-230000-in-community-impact-grants/): Redstone Federal Credit Union has awarded $230,000 in grants to three high-impact nonprofit organizations as part of its inaugural Community Impact Grant program. The initiative supports organizations driving measurable changes and addressing critical needs in the communities Redstone serves. The selected non-profits are: The three organizations serve communities across Alabama and Tennessee and will use their funding to expand transformative programs that align with Redstone’s philosophy of “People Helping People.” “These grants go beyond financial support,” said Redstone’s President and CEO, Joe Newberry. “Each of these nonprofits is expanding opportunity, creating access, and helping people move forward. We are proud […] - [The Leadership Lift: Career Growth Without Losing Yourself in the Grind](https://thecreditunionconnection.com/the-leadership-lift-career-growth-without-losing-yourself-in-the-grind/): Step up without burning out: smart systems, clear boundaries and team empowerment that lasts. Michael Wolsten, Michael Wolsten Consulting If you’re a leader in the credit union movement, chances are you care deeply about your team, your members, and your mission. But caring too much without the right structure can quietly backfire. You might recognize the signs: This kind of reactive leadership leads to burnout, disconnection, and stalled growth. Your team stays dependent. You stay overwhelmed. And your career plateaus not from lack of effort, but from lack of space to lead. There’s a better way. By applying the ABC […] - [Prosper and Alliant Credit Union Celebrate First Anniversary of Strategic Partnership](https://thecreditunionconnection.com/prosper-and-alliant-credit-union-celebrate-first-anniversary-of-strategic-partnership/): Prosper Marketplace (“Prosper”) and Alliant Credit Union (“Alliant”), the largest credit union in Illinois and one of the largest in the nation, today announced the first anniversary of their strategic partnership, which has surpassed $325 million in loans to over 15,000 unique borrowers. The partnership enables Prosper to provide access to flexible and affordable credit options to more consumers that support a wide range of financial goals—from consolidating high-interest debt to covering major life expenses. For Alliant, the partnership reflects its commitment to innovation and financial empowerment, supporting its mission to provide smart, accessible financial solutions.  “We have been thrilled to partner with such a […] - [Agencies Issue Exemption Order to Customer Identification Program Requirements](https://thecreditunionconnection.com/agencies-issue-exemption-order-to-customer-identification-program-requirements/): The Federal Deposit Insurance Corporation, the Office of Comptroller of the Currency, and the National Credit Union Administration (collectively, “agencies”), with the concurrence of the Financial Crimes Enforcement Network, today issued an order granting an exemption from a requirement of the Customer Identification Program (CIP) Rule implementing Section 326 of the USA PATRIOT Act. The CIP Rule requires a bank or credit union to obtain taxpayer identification number (TIN) information from its customer before opening an account, and the exemption permits a bank or credit union to use an alternative collection method to obtain TIN information from a third-party rather […] - [DCUC Calls for Lending Expansion, NFIP Reauthorization, and Balanced CFPB Oversight](https://thecreditunionconnection.com/dcuc-calls-for-lending-expansion-nfip-reauthorization-and-balanced-cfpb-oversight/): The Defense Credit Union Council (DCUC) pressed forward in its advocacy this week with proactive engagement on legislative priorities directly impacting military families and the credit unions that serve them. In recent correspondence with lawmakers, DCUC highlighted three key initiatives: modernizing outdated federal credit union loan maturity limits, reauthorizing the National Flood Insurance Program (NFIP), and ensuring regulatory accountability at the Consumer Financial Protection Bureau (CFPB). Modernizing Loan Terms to Better Serve Members DCUC continues its strong support for the Expanding Access to Lending Options Act, recently reaffirmed in a letter to Representative Scott Fitzgerald. Currently, federal credit unions face […] - [Eltropy Launches Desktop Application to Improve Agent Performance and Reduce System Resource Usage](https://thecreditunionconnection.com/eltropy-launches-desktop-application-to-improve-agent-performance-and-reduce-system-resource-usage/): App delivers 20% faster launch times and real-time notifications for community financial institutions Eltropy has announced that the Eltropy Desktop App is now available in beta, with general availability in Q3. The standalone application is designed to provide users with faster access and improved performance compared to browser-based access. The new desktop application addresses common performance bottlenecks while maintaining full feature parity with Eltropy’s browser platform. The Desktop App runs independently of web browsers, using fewer system resources while providing dedicated workspace functionality. Early testing shows the application launches 20% faster than browser access and uses less CPU and memory, […] - [FINBOA Named Finalist in the 2025 PayTech Awards](https://thecreditunionconnection.com/finboa-named-finalist-in-the-2025-paytech-awards/): Excellence in Tech – Best Customer Experience Solution Category Finalist FINBOA, Inc. is proud to announce that it has been named a finalist in the 2025 PayTech Awards. FINBOA’s Payment Disputes with AutoDecision solution has been recognized with the Excellence in Tech – Best Customer Experience Solution category, which celebrates solutions that improve user experience and customer satisfaction in payments. Many institutions using FINBOA Payment Disputes with AutoDecision report approximately 30% of their disputes automatically process the same-day upon initial go-live of the AutoDecision capability. This speeds provisional credits to the consumer for same-day crediting. “We’re thrilled to be recognized as a […] - [Redwood Credit Union Named to Newsweek’s America’s Greatest Midsize Workplaces 2025](https://thecreditunionconnection.com/redwood-credit-union-named-to-newsweeks-americas-greatest-midsize-workplaces-2025/): Redwood Credit Union (RCU) is proud to be recognized as one of America’s Greatest Midsize Workplaces 2025 by Newsweek. This award recognizes RCU’s impact and commitment to its company culture, work-life balance, and well-being for its team members. Newsweek recognized companies through a rigorous evaluation based on online employee reviews, publicly available data, an extensive survey, and over 120 key performance indicators. This thorough evaluation assessed factors contributing to workplace performance and employee satisfaction. “This honor reflects the dedication and hard work of our entire team at RCU,” said Brett Martinez, President and CEO of Redwood Credit Union. “True to our mission of serving the best interests of our […] - [Reliant Donates Sneakers for Children in Sodus Central School District](https://thecreditunionconnection.com/reliant-donates-sneakers-for-children-in-sodus-central-school-district/): Reliant Credit Union continues its dedication to helping students in the Finger Lakes put their best feet forward! Reliant recently donated 72 pairs of sneakers to Sodus Central School District. The sneakers will be given to students at Sodus Elementary School. This is the second donation this year for Reliant’s Feet Forward program, a special community effort Reliant created in 2016, through which the credit union partners with area schools and organizations to provide quality sneakers to kids who need them. For the sixth year in a row, Reliant is collaborating with Jonathan Griffiths, owner of Rochester Running Company, who […] - [Y-12 Credit Union Earns Top Member Satisfaction in Industry Ranking, Runs on Candescent Digital Banking Technology](https://thecreditunionconnection.com/y-12-credit-union-earns-top-member-satisfaction-in-industry-ranking-runs-on-candescent-digital-banking-technology/): Candescent announced that Y-12 Credit Union has been recognized by Member Loyalty Group for earning the highest NPS score for digital banking across both its asset size and among all benchmarked credit unions during Q4 2024. Member Loyalty Group helps credit unions strengthen member relationships and drive strategic growth through actionable insights, expert guidance and data-driven analytics, including benchmark data from over five million member surveys each year. Y-12 Credit Union, an Oak Ridge, Tenn.-based credit union with $2.2 billion in assets went live with the Candescent Digital Banking platform in late 2023. Since then, its members have enjoyed the intuitive, consistent […] - [AYA Youth Collective Secures $125,000 Grant for Housing and Wraparound Care for West Michigan Youth Through Partnership with Members First Credit Union](https://thecreditunionconnection.com/aya-youth-collective-secures-125000-grant-for-housing-and-wraparound-care-for-west-michigan-youth-through-partnership-with-members-first-credit-union/): In a powerful example of community partnership, Members First Credit Union (M1) has secured a $125,000 matching grant from the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) for AYA Youth Collective (AYA), a nonprofit dedicated to supporting youth experiencing housing instability in West Michigan.  The funding was awarded through FHLBank Indianapolis’s Community Multiplier – Member Match Program. By contributing $12,500, M1 unlocked a 10-to-1 match from the bank, resulting in a total investment of $137,500 to support AYA’s drop-in center, wraparound care and housing programs at a pivotal time.  “We’ve always believed in AYA’s mission and the incredible impact […] - [ImageSource Completes Seamless Migration from ApplicationXtender to ILINX for Top 20 National Credit Union](https://thecreditunionconnection.com/imagesource-completes-seamless-migration-from-applicationxtender-to-ilinx-for-top-20-national-credit-union/): ImageSource, Inc. announced the successful migration of a top national Credit Union from OpenText’s ApplicationXtender to the ILINX® Process Improvement Platform. The migration marks a major milestone in the Credit Union’s modernization initiative to improve member service, operational efficiency, and data governance. The Credit Union, managing nearly $12 billion in assets and serving millions of members nationwide, sought a future-ready platform to streamline content management, enhance security, and integrate seamlessly with core banking systems. ImageSource delivered a comprehensive strategy that included content analysis, automated migration tools, secure validation processes, and a highly configurable deployment of ILINX tailored to meet the Credit Union’s compliance and […] - [Fueled by Rapid Growth, Alloy Invests in New Executives, Products, and Partnerships](https://thecreditunionconnection.com/fueled-by-rapid-growth-alloy-invests-in-new-executives-products-and-partnerships/): Alloy announced it now serves over 700 clients globally, including financial institutions and fintechs such as Navy Federal Credit Union, Consumers Credit Union, Grasshopper Bank, and UK-based IG Group. Fueled by strong demand, Alloy grew revenue significantly while simultaneously improving profitability metrics—demonstrating the company’s focus on sustainable growth. “We’re committed to approaching fraud prevention not just as a control function, but really as a growth driver,” said Keith Kettell, Chief Revenue Officer at Alloy. “Helping our clients grow safely and efficiently has meant our business has grown right alongside them.” Financial institutions and fintechs are increasingly challenged to find the balance between optimizing growth and managing […] - [DCUC Announces 2025 Hall of Honor Inductees](https://thecreditunionconnection.com/dcuc-announces-2025-hall-of-honor-inductees/): The Defense Credit Union Council (DCUC) is proud to announce the selection of three distinguished leaders to be inducted into the DCUC Hall of Honor: Colonel Gerald Polyascko (Ret.), Director & Committee Chair, Board of Directors, Frontwave Credit Union; Raymond White Jr., Chairman of the Board, FreeStar Financial Credit Union; and Gerald Brown, Director Emeritus, Andrews Federal Credit Union. Each honoree has demonstrated extraordinary commitment to the defense credit union movement and the military communities they serve. Colonel Gerald Polyascko (Ret.), Frontwave Credit Union Appointed to Frontwave CU’s Board of Directors in 2010, Colonel Polyascko previously served on its Supervisory […] - [First Harvest Credit Union Awards $17,000 in Total 2025 Scholarships](https://thecreditunionconnection.com/first-harvest-credit-union-awards-17000-in-total-2025-scholarships/): $12,000 Awarded Through 2025 First Harvest Scholarship Program First Harvest Credit Union (“First Harvest”) has awarded $17,000 in total scholarships during its annual scholarship giving season. First Harvest carried out its 2025 First Harvest Scholarship Program this spring by awarding a total of $12,000 in direct scholarships to members, bringing student members closer to achieving their future academic endeavors. Additional scholarship funds were given to various Southern New Jersey academic programs within First Harvest’s field of membership, including Camden School District, Black Horse School District, and the Masonic Grand Lodge. First Harvest also supports scholarship programs at Rowan College of […] - [Three Credit Unions Announce New Hires; Eglin FCU Recognizes Payment Systems Reconciliation Specialist](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-eglin-fcu-recognizes-payment-systems-reconciliation-specialist/): Three credit unions, including Kitsap Credit Union and Land of Lincoln Credit Union, announced new additions to their teams, and Eglin Federal Credit Union recognized one of its team members for her many years of service. New Hires: Recognitions: - [Nuvision Credit Union Elevates Small Business Services with Enable Technologies Inc.'s Unified Onboarding Platform](https://thecreditunionconnection.com/nuvision-credit-union-elevates-small-business-services-with-enable-technologies-inc-s-unified-onboarding-platform/): Nuvision Credit Union has expanded small business services in its branch channel using Enable‘s modern digital onboarding platform. This deployment marks the first phase of Nuvision’s broader initiative to enhance business services for its members, with digital channel offerings forthcoming. The rollout gives Nuvision’s frontline teams the ability to open small business accounts efficiently, while offering members a faster, more streamlined experience that caters to their business banking needs. By leveraging Enable’s unified architecture, Nuvision is laying the foundation for scalable business services growth with a modern member experience. “Our small business members are entrepreneurs, job creators, and community builders and […] - [New Study Finds Personalization Over Perks Drives Top-of-Wallet Credit Card Selection](https://thecreditunionconnection.com/new-study-finds-personalization-over-perks-drives-top-of-wallet-credit-card-selection/): A new study commissioned by i2c Inc., reveals that while nearly half of U.S. credit cardholders carry three or more cards, the factors that drive earning the top-of-wallet spot are evolving rapidly. Conducted in collaboration with PYMNTS Intelligence and based on a nationally representative sample of over 2,200 U.S. consumers, “The Credit Economy: Top-of-Wallet Credit Cards” report shows that while rewards and credit flexibility still matter, a new generation of cardholders is shifting expectations. Gen Z and millennials, who rely most heavily on their primary credit cards, are demanding flexible, configurable, and intuitive features that fit their financial behavior in real […] - [Velera Selects ValidiFI for Automated Bank Account Validation for Credit Unions](https://thecreditunionconnection.com/velera-selects-validifi-for-automated-bank-account-validation-for-credit-unions/): ValidiFI, Inc. has partnered with Velera to bring ValidiFI’s vAccount solution to Velera’s credit union clients. This collaboration provides Velera’s credit unions with powerful tools to optimize the member onboarding and application processes. Benefits include real-time bank account validation, improved efficiency, enhanced fraud prevention and a seamless experience for end consumers. “Velera is excited to introduce real-time account validation functionality to our clients,” said Cody Banks, SVP, Product Experience & Enablement at Velera. “This solution will help eliminate manual processes and further mitigate fraud risk, enabling credit unions to deliver an enhanced member onboarding experience.” “We’re thrilled to partner with Velera to provide their credit […] - [Jack Henry Selects boost.ai to Deliver AI Agents Across Banking Network](https://thecreditunionconnection.com/jack-henry-selects-boost-ai-to-deliver-ai-agents-across-banking-network/): Initial rollout will automate 32% of inbound calls, paving the way for broader AI integration in user-authenticated scenarios boost.ai today announced a new collaboration with Jack Henry to deploy secure, enterprise-grade, conversational AI within Jack Henry and its extensive network of financial institutions across the U.S. As a trusted technology solutions and payment processing provider for approximately 7,500 banks and credit unions, Jack Henry selected boost.ai for its industry-leading security standards and delivery track record for enterprises at scale, key differentiators in the competitive evaluation process. This strategic alliance will enable Jack Henry to deploy AI agents for their contact center clients that specifically address the unique challenges […] - [Alliant Credit Union Appoints Mike Dobbins as Chief Executive Officer](https://thecreditunionconnection.com/alliant-credit-union-appoints-mike-dobbins-as-chief-executive-officer/): Alliant Credit Union (“Alliant”) today announced that its Board of Directors has appointed Mike Dobbins as Chief Executive Officer. Mr. Dobbins succeeds Interim CEO Ken Schaafsma, who will continue to serve Alliant as Chief Risk Officer. “Following a rigorous and thoughtful search, the Board is thrilled to welcome Mike to Alliant Credit Union,” said Lee Achord, Chairperson of Alliant’s Board of Directors. “Our objective was clear from the start: find the right leader to propel Alliant’s strategic growth while honoring the values and culture that make this organization so special. We are confident that Mike is the ideal choice to lead us into the […] - [Cooperative Credit Union Association’s Fintech Connect Conference Returns for Second Year with Strong Industry Engagement](https://thecreditunionconnection.com/cooperative-credit-union-associations-fintech-connect-conference-returns-for-second-year-with-strong-industry-engagement/): Credit union leaders and fintech innovators gathered in Dover, New Hampshire on June 9–10 for the second annual Fintech Connect Conference, hosted by the Cooperative Credit Union Association (CCUA) and held at the brand-new headquarters of Lighthouse Credit Union. The event was made possible through the generous support of Title Sponsor, TruStage, and featured an expanded lineup of interactive programming. Attendees participated in Quick Connect guided networking sessions and explored the latest technologies in dedicated demonstration rooms presented by Reseda Group, Illuma Labs, Marstone, and Nudge Money. This year’s conference also featured the 4th annual Cyber Showcase, where five standout fintechs competed […] - [DCUC Urges Senate to Prioritize Credit Union Interests Ahead of Powell Testimony](https://thecreditunionconnection.com/dcuc-urges-senate-to-prioritize-credit-union-interests-ahead-of-powell-testimony/): The Defense Credit Union Council, (DCUC), provided its comments to the Senate Committee on Banking, Housing, and Urban Affairs ahead of the Committee’s hearing with Federal Reserve Chair Jerome Powell. In its letter, DCUC outlines key policy concerns and recommendations aimed at protecting the financial well-being the 40 million+ credit union members – including servicemembers, veterans, and their families. “Defense credit unions play a critical role in promoting financial readiness and delivering affordable services to those who serve our country,” says Jason Stverak, DCUC Chief Advocacy Officer. “We are asking lawmakers and the Federal Reserve to consider how current and future policies […] - [DCUC Congratulates Travis CU, Travis AFB, & Otero FCU, Holloman AFB 2024 Air Force Distinguished Credit Union of the Year](https://thecreditunionconnection.com/dcuc-congratulates-travis-cu-travis-afb-otero-fcu-holloman-afb-2024-air-force-distinguished-credit-union-of-the-year/): The Defense Credit Union Council (DCUC) proudly announces Travis Credit Union, Travis Air Force Base (AFB), and Otero Federal Credit Union, Holloman AFB, have been selected by the Department of the Air Force as the 2024 Air Force Distinguished Credit Union of the Year. All submissions from banks and credit unions were received and carefully reviewed by the United States Air Force Financial Management and Comptroller Command, Department of the U.S. Air Force, for consideration. “We proudly congratulate Travis Credit Union and Otero Federal Credit Union—along with their dedicated staff at Travis and Holloman Air Force Bases—for earning the prestigious […] - [Ascend Federal Credit Union Provides Members with $25,000 in Academic Scholarships  ](https://thecreditunionconnection.com/ascend-federal-credit-union-provides-members-with-25000-in-academic-scholarships/): Ascend Federal Credit Union recently awarded $2,500 scholarships to 10 members. This is the 23rd consecutive year that Ascend has shown its commitment to education by providing scholarships to members to further their academic pursuits.   Winners of the 2025 Ascend Federal Credit Union Scholarship are:   ·       Wren Augustine          Murfreesboro, TN       East Tennessee State University  ·       Luke Cameron            Anchorage, AK           University of Memphis  ·       Jordyn Cedeno            Antioch, TN                Middle Tennessee State University  ·       Hudson Cox                Franklin, TN               Purdue University  ·       Marynn Enders           Smithville, TN            University of Tennessee-Knoxville  ·       Jennifer Heylek           Sparta, TN                  Roane State Community College  ·       Lyriq Lillard               Murfreesboro, TN       Austin Peay State University  ·       Aastha Oza                 Murfreesboro, TN       University of Tennessee-Knoxville  ·       Peter Skoropat            Watertown, TN           Western Governors University  ·       Faith Stoller                Dickson, TN               Middle Tennessee State University  “We are […] - [Redefining Operating Models: Balancing Efficiency Pressures and Member Growth for Credit Unions](https://thecreditunionconnection.com/redefining-operating-models-balancing-efficiency-pressures-and-member-growth-for-credit-unions/): Tessa Surcouf, Sales Manager, ERI Credit unions are entering a pivotal phase in their evolution. Faced with intensifying regulatory requirements, operational inefficiencies, and the need to attract a new generation of members, they must rethink their entire operating model. Incremental improvements will no longer suffice; what is needed is a realignment of systems and processes, placing the core platform alongside the member at the heart of the transformation journey.  So, what should a credit union do when confronted with multiple simultaneous challenges? As anticipated, rethinking the core is the logical starting point. Let’s begin by examining operational considerations. One persistent […] - [Consumers Credit Union Celebrates Two Ribbon Cuttings for Roosevelt Park and Farmers Market](https://thecreditunionconnection.com/consumers-credit-union-celebrates-two-ribbon-cuttings-for-roosevelt-park-and-farmers-market/): Consumers Credit Union marked two exciting milestones in the Muskegon area with ribbon-cutting celebrations on Tuesday, June 24. The credit union officially opened its new Roosevelt Park office, located at 3145 Henry Street, and unveiled a new TellerPlus+ interactive teller station at the Muskegon Farmers Market.  The Roosevelt Park ribbon-cutting welcomed community members and representatives from the Muskegon Lakeshore Chamber of Commerce. This location offers a full suite of Consumers’ services, including free coffee and Wi-Fi, complimentary document shredding bins and TellerPlus+ drive-thru and lobby stations.  “This new office is all about making everyday banking easier and more accessible for […] - [Paying It Forward, One Student At A Time: Westerra Credit Union Awards $42,500 In Scholarships To Local High School Graduates](https://thecreditunionconnection.com/paying-it-forward-one-student-at-a-time-westerra-credit-union-awards-42500-in-scholarships-to-local-high-school-graduates/): Demonstrating its commitment to supporting the education of Colorado’s future leaders, Westerra Credit Union partnered with the Mapleton Education Foundation and Jefferson County Administrators’ Association to grant $42,500 in scholarships to high school graduates pursuing higher education. This year’s recipients include: Amelia Pennell, Ralston Valley High Anja Waage, Arvada High School   Danna Orozco Hernandez, Jefferson Junior/Senior High Isabella Costa-Guerra, Golden High School Leif Dahl, Wheat Ridge High Seriah D., Academy High School To learn about future scholarship opportunities through Westerra Credit Union, visit www.westerracu.com/about/community/schools/scholarships and follow along on Facebook (@WesterraCU) and Instagram (@westerracreditunion). - [Nuvision Credit Union’s Financial Literacy Program Helps High School Students Learn How to Manage Money and Their Finances](https://thecreditunionconnection.com/nuvision-credit-unions-financial-literacy-program-helps-high-school-students-learn-how-to-manage-money-and-their-finances/): Credit Union’s Successful How Money Works Course Equips 130 Students with Essential Money Skills to Build a Strong Financial Foundation for the Future. As part of its long-standing commitment to promoting and improving financial literacy in local communities, Nuvision Credit Union has announced the completion of its How Money Works year-long course at Costa Mesa High School, in Costa Mesa, California. The credit union’s monthly How Money Works financial literacy class at the high school, which began in September and concluded in May, had 130 enrolled students, ranging from freshmen to seniors. Throughout the school year, the monthly class covered […] - [Register Now for the Credit Risk Webinar on July 15](https://thecreditunionconnection.com/register-now-for-the-credit-risk-webinar-on-july-15/): This July, the National Credit Union Administration will host a webinar focused on credit risk. The session will highlight credit risk-related information that may be relevant to boards of directors and credit union management teams as they work to identify, monitor, and respond to credit risk within their institutions. The webinar is scheduled to begin on July 15, 2025 at 2 p.m. Eastern and will run approximately 75 minutes. Online registration is now open. The webinar will feature a discussion of current trends in credit union lending and credit performance, as well as observations from recent examinations. Topics will include: The […] - [DCUC Advocates for Congressional Action on Veteran Entrepreneurship and Joins Trades Letter Opposing California’s AB 801](https://thecreditunionconnection.com/dcuc-advocates-for-congressional-action-on-veteran-entrepreneurship-and-joins-trades-letter-opposing-californias-ab-801/): The Defense Credit Union Council (DCUC) has engaged Congress to support two critical legislative efforts, empowering veteran entrepreneurship with H.R. 507, and balancing digital asset regulation. Ahead of the June 24 hearing, “Empowering Veterans Through Entrepreneurship,” DCUC sent a letter to the House Committee on Veterans’ Affairs urging swift passage of the Veterans Member Business Loan Act (H.R. 507). DCUC’s letter highlighted how the bill eliminates the outdated 12.25% cap on member business loans when made to veterans or service members and enables credit unions to provide more affordable, mission-aligned financing—without taxpayer cost—to veteran-owned startups. “We continue to share how veterans are denied at […] - [Coastal Credit Union Selects Lumin Digital for Enhanced Digital Banking Experience](https://thecreditunionconnection.com/coastal-credit-union-selects-lumin-digital-for-enhanced-digital-banking-experience/): Cloud-native digital banking provider, Lumin Digital announced that Coastal Credit Union has selected it as its new digital banking provider. Coastal sought a digital banking provider with innovative technology, exceptional customer service, and a proven track record of successful implementations and high client satisfaction. By selecting Lumin Digital as its digital banking provider, Coastal members will benefit from a top-tier, future-ready digital banking solution offering enhanced speed and performance, streamlined processes, and robust security measures. “We’re thrilled to partner with Coastal Credit Union to deliver an enhanced, future-ready digital banking experience for its members,” said Kelley Michalik, Chief Commercial Officer at Lumin Digital. […] - [GoDocs Partners with AVANA CUSO to Transform Loan Process, Reduce Costs, and Enhance Borrower Experience](https://thecreditunionconnection.com/godocs-partners-with-avana-cuso-to-transform-loan-process-reduce-costs-and-enhance-borrower-experience/): Partnership leads to 75 percent reduction in legal fees, improved operational efficiency, and increased customer satisfaction GoDocs announced a strategic partnership with AVANA CUSO, a Credit Union Service Organization (CUSO), aimed at transforming the loan process and reducing legal costs. The collaboration has enabled AVANA CUSO to streamline operations, reduce expenses, and ultimately enhance the borrower experience, positioning them for continued growth and success in an increasingly competitive market. By implementing GoDocs’ automated legal document generation platform, AVANA CUSO was able to replace their attorney-based process with a faster, more affordable solution. GoDocs provided a tailored LegalNet™ workflow that seamlessly integrated into AVANA CUSO’s existing processes, ensuring […] - [As Seen in Forbes & Fortune: USSFCU Named One of D.C.’s Leading Credit Unions](https://thecreditunionconnection.com/as-seen-in-forbes-fortune-ussfcu-named-one-of-d-c-s-leading-credit-unions/): The United States Senate Federal Credit Union (USSFCU) is proud to be recognized as one of D.C.’s Leading Credit Unions in the June edition of Forbes and Fortune. The feature celebrates USSFCU’s 90-year legacy of service, its forward-thinking innovations, and its deep commitment to both members and community. With the headline “United States Senate Federal Credit Union: Supporting Members Through Every Stage of Life,” the article explores the credit union’s unique role in the financial landscape—serving Capitol Hill and beyond with personalized service, community engagement, and secure digital solutions. “Being featured in Forbes and Fortune not only honors our long-standing tradition of excellence—it also reinforces our position as a trusted partner […] - [Greater New Orleans Federal Credit Union Changes Its Name](https://thecreditunionconnection.com/greater-new-orleans-federal-credit-union-changes-its-name/):   Things are about to get EPIC! On July 1st, 2025, Greater New Orleans Federal Credit Union will officially become EPIC Federal Credit Union. This move, according to the Credit Unions Executive Team and Board of Directors positions the Credit Union to grow beyond the Greater New Orleans footprint and also better reflects the dynamic approach to serving the community that EPIC will be delivering.   This name change comes after months of contemplation and was done intentionally in a manner that will not adversely affect their current members. Any accounts, loans, investments or business anyone has with GNO will […] - [42nd Annual Tower Classic Charity Golf Tournament Raises $72,420 for the Johns Hopkins Children’s Center](https://thecreditunionconnection.com/42nd-annual-tower-classic-charity-golf-tournament-raises-72420-for-the-johns-hopkins-childrens-center/): Hosted by the TowerCares Foundation, Tower Classic raised the highest amount in the event’s 42-year history, with all proceeds going to help critically ill children receiving care at Johns Hopkins Children’s Center in Baltimore, Maryland. Over the years, the annual golf tournament has raised over $1.1 million to help local children in need. Emerson “Emme” and Elle Thomas were born at just 25 weeks gestation at the Johns Hopkins Children’s Center (JHCC) in Baltimore, Maryland, a local Children’s Miracle Network hospital. Both girls were born with brain bleeds, and while Elle’s condition healed on its own, Emme required multiple brain […] - [LAFCU Awards $10K to Essay Contest Winners to Support Debt Reduction](https://thecreditunionconnection.com/lafcu-awards-10k-to-essay-contest-winners-to-support-debt-reduction/): LAFCU is helping Michiganders take meaningful steps toward a more secure financial future. On July 17, the credit union awarded $10,000 to four winners of its 2025 Pathway to Financial Transformation Essay Contest during a check presentation held at LAFCU’s Lansing headquarters. The annual contest encourages individuals across Michigan to examine their financial habits, develop actionable plans for reducing debt, and map out long-term strategies for financial stability. Open to both LAFCU members and non-members, the contest welcomed applicants regardless of membership status. Each winner received $2,500 based on their one-page essay outlining how they would use the funds to […] - [Wheelhouse Credit Union Named a 2025 “Company That Cares” by San Diego Business Journal](https://thecreditunionconnection.com/wheelhouse-credit-union-named-a-2025-company-that-cares-by-san-diego-business-journal/): Recognition Honors Community Impact, Employee Support, and Commitment to Social Responsibility Wheelhouse Credit Union (Wheelhouse) has been named a 2025 Company That Cares by the San Diego Business Journal, an honor that recognizes local organizations that go above and beyond in their commitment to community involvement, employee well-being, and social responsibility. “At Wheelhouse, caring for our community isn’t just something we do—it’s who we are,” said Wheelhouse President/CEO Lisa Paul-Hill. “Being recognized as a Company That Cares is a reflection of the heart our team puts into everything we do, from supporting our Members’ financial well-being to cultivating a lasting impact on the neighborhoods we call […] - [NCUA Releases 2024 Ombudsman Annual Report](https://thecreditunionconnection.com/ncua-releases-2024-ombudsman-annual-report/): The National Credit Union Administration (NCUA) today released its Office of the Ombudsman 2024 Annual Report. The report highlights information about the Ombudsman’s core programs, which inform recommendations made by the Ombudsman to the NCUA Board. The report also details the activities of the Ombudsman for 2024, such as engagement with examiners, results from independent reviews of agency processes, and feedback from the Post Exam Survey. Additionally, the report notes that the Office of the Ombudsman: The NCUA Office of the Ombudsman is an independent, neutral, and confidential resource for credit union stakeholders to informally resolve matters regarding the agency’s supervisory […] - [Centra Team Members Pay It Forward To Local Communities](https://thecreditunionconnection.com/centra-team-members-pay-it-forward-to-local-communities/): Centra Credit Union recently supported 17 local organizations with $10,000 in donations as part of the Centra Foundation’s Pay It Forward campaign. Pay It Forward empowers Centra’s Team Members to lead mini-service projects in groups that support local nonprofits. Centra and its Team Members love having the opportunity to get involved within the Communities they serve. As a financial institution rooted in the credit union philosophy of People Helping People, Centra actively seeks new ways to give their Team Members more opportunities to give back in unique and meaningful ways. The following organizations were supported through Pay It Forward: – […] - [Ranking Member Maxine Waters Introduces Bill Supporting Creation of New Banks and Credit Unions](https://thecreditunionconnection.com/ranking-member-maxine-waters-introduces-bill-supporting-creation-of-new-banks-and-credit-unions/): Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, announced the introduction of H.R. 4544, the “American Access to Banking Act.” This bill is designed to promote the creation of new community banks and credit unions known as de novo depository institutions. This includes new Minority Depository Institutions, Community Development Financial Institutions, and rural depository institutions, which serve as lifelines for communities historically underserved by the traditional banking system. The United States banking system has steadily consolidated over the last few decades, with small community banks and credit unions disappearing due to a historically challenging interest rate environment […] - [Eglin Federal Credit Union, Renasant Bank and Okaloosa Saves partner in the Teach Children to Save Campaign](https://thecreditunionconnection.com/eglin-federal-credit-union-renasant-bank-and-okaloosa-saves-partner-in-the-teach-children-to-save-campaign/): Eglin Federal Credit Union partnered with Okaloosa Saves and Renasant Bank for the annual Teach Children to Save campaign April 1 – June 30. Youths were encouraged to set a savings goal and make a deposit into their savings account. Their names were entered into a random drawing for six children to win a $50 deposit into their savings account from Okaloosa Saves. Winners were invited for recognition prior to the Okaloosa Board of County Commissioners budget meeting on Tuesday, July 22 where they received certificates. This year, 102 youths from Eglin FCU and Renasant Bank under the age of […] - [DCUC Welcomes 2025 Crashers Class Ahead of Annual Conference Kickoff](https://thecreditunionconnection.com/dcuc-welcomes-2025-crashers-class-ahead-of-annual-conference-kickoff/): The Defense Credit Union Council (DCUC) is proud to announce its 2025 class of DCUC Crashers—an inspiring group of young credit union professionals who will bring their energy, insights, and passion to this year’s Annual Conference, set to kick off next Monday in Palm Desert, California. Handpicked to attend the conference through the Cooperative Trust’s dynamic Crash program, DCUC’s crashers will join a national cohort of changemakers for a week of immersive learning, relationship-building, and leadership development. This year’s Crasher class includes eight rising stars from credit unions across the country: These professionals will participate in the DCUC Crasher Experience, an immersive […] - [Lake Trust Credit Union Named to Forbes’ 2025 List of America's Best-In-State Credit Unions](https://thecreditunionconnection.com/lake-trust-credit-union-named-to-forbes-2025-list-of-americas-best-in-state-credit-unions/): Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, has been recognized on Forbes’ 2025 list of America’s Best-In-State Credit Unions. Headquartered in Brighton, Lake Trust was ranked number seven in the state of Michigan. “At Lake Trust, we believe in the power in all of us. Working with our members and our communities, we’ve been able to multiply impact across the state in pursuit of creating a world in which everyone thrives,” said David Snodgrass, president and CEO, Lake Trust. “We are honored to accept this recognition, which serves as a true […] - [Cross Valley Federal Credit Union Launches Mahalo’s Thoughtful Banking® Platform to Enhance Digital Infrastructure](https://thecreditunionconnection.com/cross-valley-federal-credit-union-launches-mahalos-thoughtful-banking-platform-to-enhance-digital-infrastructure/): New upgraded platform strengthens security, streamlines card management, and offers personalized interface across all devices Cross Valley Federal Credit Union (‘Cross Valley’) has enhanced its digital banking platform with Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions. The rollout modernizes Cross Valley’s digital infrastructure with a streamlined user experience, improved functionality, and stronger security features. Cross Valley selected digital banking provider Mahalo due to the Thoughtful Banking platform’s flexibility, user-focused design, and alignment with the credit union’s member-first approach commitment. Mahalo platform’s deep core integration also supports a smoother, more connected experience across systems […] - [Six Credit Unions from Across the U.S. Partner with myCUmortgage](https://thecreditunionconnection.com/six-credit-unions-from-across-the-u-s-partner-with-mycumortgage/): New partner credit unions to receive comprehensive mortgage services to benefit a combined 37,500 members myCUmortgage is excited to announce it has signed six new credit union partners from across the country in the second quarter of this year. myCUmortgage is a Credit Union Service Organization (CUSO), wholly owned by Wright-Patt Credit Union. As part of these new agreements, myCUmortgage will provide the credit unions with a comprehensive suite of mortgage solutions supported by five-star service. The six new partners joining myCUmortgage are: These new partnerships represent 37,500 members and over $548 million in assets. “At myCUmortgage, we share a common goal […] - [City Credit Union Announces CEO Retirement and Leadership Transition](https://thecreditunionconnection.com/city-credit-union-announces-ceo-retirement-and-leadership-transition/): City Credit Union (City CU) has announced that Sharon Scearce (Moore), President and CEO, will retire effective September 30, 2025, after 21 years of dedicated service. To ensure a seamless transition, David Frith, current Chief Financial Officer, has been appointed President effective August 1, and will become President and CEO on October 1. “Leading City Credit Union has been the honor of my career,” said Scearce. “I’m proud of what we’ve achieved together and confident City CU will continue the same commitment to member service going forward.” Under Scearce’s leadership, City CU grew to over $650 million in assets, expanded the […] - [How One Credit Union’s Intern Program is Driving Innovation and Building Future Leaders](https://thecreditunionconnection.com/how-one-credit-unions-intern-program-is-driving-innovation-and-building-future-leaders/): Since its launch several years ago, BrightStar’s internship program has been making a significant impact.  This year, the program is hosting 16 interns across various departments, including IT, Marketing, HR, Lending, and Training & Development, among others.  Their projects, such as creating salary bands for pay equity and developing automation tools, are not just tasks but impactful contributions that are shaping the future of the credit union, resulting in increased efficiencies. What’s particularly inspiring about BrightStar’s program is how it not only provides students with meaningful hands-on experience but also serves as a pipeline for full-time talent. Interns have already […] - [Treasury Names Dietrich Douglas Acting Director of CDFI Fund Following Director Pravina Raghavan's Resignation](https://thecreditunionconnection.com/treasury-names-dietrich-douglas-acting-director-of-cdfi-fund-following-director-pravina-raghavans-resignation/): The U.S. Department of the Treasury has named Dietrich Douglas as the Acting Director of the Community Development Financial Institutions Fund (CDFI Fund). Mr. Douglas currently serves as Legal Counsel for the CDFI Fund. “With the best interest of the CDFI Fund, the community development finance sector, and the communities we serve in mind, I am looking forward to leading the very dedicated staff of the CDFI Fund during this transition,” said Acting Director Douglas. Acting Director Douglas has served as the CDFI Fund’s Legal Counsel since January 2023. In that role he functioned as lead counsel on all legal […] - [Teachers Federal Credit Union Furthers Expansion Efforts With Opening Of Naples, Florida Branch](https://thecreditunionconnection.com/teachers-federal-credit-union-furthers-expansion-efforts-with-opening-of-naples-florida-branch/): New Naples Branch Marks Continued Growth and Commitment to Serving Members in Florida and Beyond Teachers Federal Credit Union is proud to announce the opening of its full-service branch in Naples, Florida. This expansion marks the credit union’s newest location in the state of Florida, and represents a significant step forward in Teachers Federal Credit Union’s strategic growth plans and continued commitment to serving members and communities across the country. With a growing presence beyond its New York roots, Teachers proudly serves members in all 50 states. “Teachers is more than a financial institution, it’s an extension of the communities we serve,” said Brad C. Calhoun, President and CEO […] - [New Jersey Credit Unions Come Together for Second Annual NJ Credit Unions Food Cooperative](https://thecreditunionconnection.com/new-jersey-credit-unions-come-together-for-second-annual-nj-credit-unions-food-cooperative/): EdiFi and First Harvest Credit Unions Lead Food Drive Initiative to Replenish Pantries After Increased Summertime Need First Harvest Credit Union (“First Harvest”) and EdiFi Credit Union (“EdiFi”) are proud to announce the launch of the second annual New Jersey Credit Unions Food Cooperative, a statewide initiative uniting 12 credit unions to help fight food insecurity across the state. This year’s collection period specifically targets the heightened need for food during the summer months, when many children lose access to school-provided meals while on break. The New Jersey Credit Unions Food Cooperative seeks to replenish the shelves of local food […] - [Affinity Federal Credit Union President’s Invitational Golf Outing Raises $214,000 in Support of Affinity Foundation](https://thecreditunionconnection.com/affinity-federal-credit-union-presidents-invitational-golf-outing-raises-214000-in-support-of-affinity-foundation/): Proceeds from the annual fundraiser benefits local communities served by Affinity in New Jersey, New York, and Connecticut Affinity Federal Credit Union (“Affinity”) recently hosted its annual President’s Invitational Golf Outing, raising over $214,000 for the Affinity Foundation (“Foundation”). The event, held on June 9, 2025, welcomed 126 golfers along with additional guests and 35 sponsors. The Foundation is grateful to recognize the top sponsors of the event including Allied Solutions, Fiserv, Vericast, VISA, Inc., Alloy, Candescent, Ferreira Construction, Olden Lane, Peter J. Liska, LLC, and Trustage. Their generous support is integral to the Foundation’s ability to provide Affinity members […] - [Same Day ACH Leads ACH Network Growth in Second Quarter](https://thecreditunionconnection.com/same-day-ach-leads-ach-network-growth-in-second-quarter/): The ACH Network recorded a solid second quarter of 5% growth, with Same Day ACH payments continuing significant gains with 15% growth from a year earlier. Overall, ACH Network growth continued in the second quarter with 8.7 billion payments valued at $23.3 trillion. Those are respective increases of 5% and 7.9% from a year earlier. The volume of Same Day ACH payments in the second quarter of 2025 was 336.4 million, moving $980.3 billion in value. These are increases of 15% and 22% respectively. For the first half of 2025, Same Day ACH handled 662.4 million payments valued at close […] - [First Entertainment CEO (Ret.) Chuck Bruen Passes](https://thecreditunionconnection.com/first-entertainment-ceo-ret-chuck-bruen-passes/): First Entertainment Credit Union CEO (retired) Chuck Bruen passed away on July 11, according to announcements from his former credit union and the California Credit Union League. According to First Entertainment Credit Union, Chuck started as CEO in 1987 and led the organization until his retirement in 2016. He continued serving on the board after that until his passing. He grew the credit union from $50 million in assets to more than $1.5 billion by the time he retired. His 50-year career was spent in the financial services industry. “Chuck exemplified a true Credit Union Leader, always focused on finding […] - [Pasadena Federal Credit Union Selects Greg Erikson as Chief Commercial Officer (CCO)](https://thecreditunionconnection.com/pasadena-federal-credit-union-selects-greg-erikson-as-chief-commercial-officer-cco/): Pasadena Federal Credit Union has welcomed Greg Erikson as its new Chief Commercial Officer (CCO). Erikson will lead the strategic growth of PFCU’s commercial banking division, expanding product offerings for both businesses and members. With deep experience in commercial banking and relationship management, he brings a passion for helping local businesses thrive and a strong record of results. As CCO, Erikson will collaborate with PFCU’s leadership team to strengthen partnerships, deliver innovative solutions, and meet the evolving needs of the communities the credit union serves. “We are thrilled to welcome Greg Erikson as our new Chief Commercial Officer,” said James […] - [You, Inc.: How Professionals Rise Above the Employee Mindset](https://thecreditunionconnection.com/you-inc-how-professionals-rise-above-the-employee-mindset/): This article continues our leadership series exploring lessons that have stood the test of time across my career in credit unions, public accounting, regulatory oversight, and military leadership. Each installment shares a principle that I’ve found particularly useful, and I invite you to share your own experiences as we go.  David Savoie, CEO, LaCorp Years ago, I came across this idea in the writings of Brian Tracy, and it struck a chord with me: “You are always self-employed. You are always the president of your own personal services corporation, no matter where you might be working at the moment… Instead […] - [Black Dragon Capital℠ Reinforces Commitment to Children's Health Through Sponsorship of 2025 Credit Unions for Kids Northwest Classic Golf Tournament](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-reinforces-commitment-to-childrens-health-through-sponsorship-of-2025-credit-unions-for-kids-northwest-classic-golf-tournament/): Partnership with Louis Hernandez Jr, For A Bright Future Foundation, has a long history of supporting equal access to healthcare for communities around the world Black Dragon Capital℠ (“Black Dragon”) proudly announces its sponsorship of the 2025 Credit Unions for Kids Northwest Classic Golf Tournament, taking place on July 21, 2025, at The Reserve Vineyard & Golf Club in Aloha, Oregon. Black Dragon Capital℠ is a multi-phased investment firm with a unique, operationally led approach focusing on advanced technologies in high-growth segments that strengthen economic stability within communities. The firm was founded by Louis Hernandez, Jr., an award-winning entrepreneur, operating executive, investor, philanthropist, and author. […] - [For Immediate Release: Indianapolis Star Names Indiana Members Credit Union A Winner of the Central Indiana Top Workplaces 2025 Award](https://thecreditunionconnection.com/for-immediate-release-indianapolis-star-names-indiana-members-credit-union-a-winner-of-the-central-indiana-top-workplaces-2025-award/): Indiana Members Credit Union has been awarded a Top Workplaces 2025 honor by Central Indiana Top Workplaces. This list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute, to name a few. “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That’s something to be proud of. In today’s […] - [DCUC Welcomes New Cumberland Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-new-cumberland-federal-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes New Cumberland Federal Credit Union as its newest active member.  Founded in 1952 by employees of the New Cumberland Army Depot Defense Distribution Center, NCFCU has grown to serve members across six Pennsylvania counties: Cumberland, Dauphin, York, Adams, Perry, and Lebanon. With a strong foundation in service, community support, and financial education, NCFCU has maintained a steadfast commitment to improving the financial well-being of its diverse membership base. “Joining the Defense Credit Union Council represents an exciting opportunity for NCFCU to deepen our support of military and veteran members,” said Ronald Ferrance, […] - [Alloya Corporate FCU Settles Multi-Issuer Auto Loan Securitization](https://thecreditunionconnection.com/alloya-corporate-fcu-settles-multi-issuer-auto-loan-securitization/): Today marks the settlement of Alloya’s first multi-issuer auto loan asset-backed securitization (ABS), fully funded after being well oversubscribed by investors. The securitization, backed by a diversified pool of auto loans originated by three of Alloya’s member credit unions, was structured to optimize investor appeal while maintaining strong credit quality. “We were very pleased with the strong support this issuance received from a wide variety of investors” said Andrew Kohl, Alloya’s Chief Investment Officer. Alloya would like to express its gratitude to Blaze Credit Union (Minnesota), Consumers Credit Union (Illinois) and Interra Credit Union (Indiana) for their hard work and commitment […] - [USALLIANCE Financial Wins 2025 Top Workplaces Industry Award, A National Recognition](https://thecreditunionconnection.com/usalliance-financial-wins-2025-top-workplaces-industry-award-a-national-recognition/): USAlliance Federal Credit Union (dba USALLIANCE Financial) has announced that it is a 2025 Financial Industry Top Workplaces winner. Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces. The Top Workplaces program has a 17-year history of surveying and celebrating people-first organizations nationally and across 60 regional markets.   Top Workplaces Industry awards celebrate organizations that have built people-first workplace cultures within their sector. The award marks them as an employer of choice for those seeking employment in the industry.  Top Workplaces awards are based on feedback from a research-backed employee engagement survey. Details about how USALLIANCE […] - [Future-Proofing Your Credit Union: Insights from Software Strategist Brett Wooden](https://thecreditunionconnection.com/future-proofing-your-credit-union-brett-wooden/): As technology is reshaping all industries on a dime – particularly AI, credit unions face the dual challenge of embracing innovation while staying true to their member-centric mission. Future-proofing your credit union. We recently sat down with Brett Wooden, a seasoned software strategist at Buildable, to delve into these critical questions and uncover the secret sauce for credit union innovation. Brett, who has a unique background spanning marketing, business development and IT, emphasizes that the most crucial ingredient for credit union innovation isn’t always the latest flashy tech. Instead, he points to the often-overlooked internal focus. “Get your data organized, […] - [SchoolsFirst Federal Credit Union Supports Children’s Hospital Los Angeles Through Event Participation and In-Branch Fundraising Activities](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-supports-childrens-hospital-los-angeles-through-event-participation-and-in-branch-fundraising-activities/): SchoolsFirst Federal Credit Union helped raise awareness for Children’s Hospital Los Angeles (CHLA) through participation in CHLA’s Make March Matter, the Walk & Play L.A. annual event and a “T-Shirt for Kids Fridays” fundraiser for team members.  In June, SchoolsFirst FCU team members and their families participated in CHLA Walk & Play L.A. at the Santa Monica Pier, helping to raise critical funds supporting CHLA’s mission of creating hope and building healthier futures for children.  In March and April, SchoolsFirst FCU Members contributed to the Make March Matter Bigsby Butterfly Campaign, held in SchoolsFirst FCU branch locations in Los Angeles and […] - [Lafayette Federal Credit Union Selects Lenders Cooperative to Advance Commercial Lending Capabilities](https://thecreditunionconnection.com/lafayette-federal-credit-union-selects-lenders-cooperative-to-advance-commercial-lending-capabilities/): Lenders Cooperative announced today that Lafayette Federal Credit Union has chosen its platform to modernize and enhance the credit union’s commercial lending operations. This partnership will enable Lafayette to automate workflows, improve efficiency, and better serve its small business members. In addition to adopting Lenders Cooperative’s comprehensive lending platform, Lafayette Federal Credit Union has engaged the firm’s SBA Loan Service Provider (LSP) team. This collaboration will strengthen Lafayette’s capacity for underwriting, processing, and closing SBA and conventional commercial loans — helping to scale lending operations while ensuring compliance and service excellence. “Our goal is to provide our members with streamlined […] - [Posh Launches AI Simulator: Reimagining Employee Training with AI-Powered Role Playing](https://thecreditunionconnection.com/posh-launches-ai-simulator-reimagining-employee-training-with-ai-powered-role-playing/): For years, employee training in financial institutions has followed a familiar formula: shadowing seasoned reps, flipping through static manuals, and completing LMS quizzes that feel like school all over again. Add in awkward role-plays, often sugarcoated and inconsistent, and it’s clear that the traditional model leaves much to be desired. Posh is changing that. Today, the company announces the launch of the AI Training Simulator, a new category of training built on one simple idea: employees don’t thrive in taking boring tests; they thrive with AI-powered role-playing. Financial institutions like Simplicity and Chartway Credit Union are already seeing the difference. […] - [Rize Credit Union named Official Credit Union of the Los Angeles Chargers](https://thecreditunionconnection.com/rize-credit-union-named-official-credit-union-of-the-los-angeles-chargers/): Partnership will power financial education and lasting community impact Rize Credit Union (Rize) has joined the Los Angeles Chargers as the team’s official credit union – a high-energy, high-impact collaboration that unites two purpose-driven organizations committed to bettering lives on and off the field. Together, Rize and the Chargers will bring financial wellness programs to local communities and expand outreach efforts across Los Angeles, to support youth, families and future changemakers. “This partnership is electric,” said Jennifer Oliver, president and CEO of Rize Credit Union. “We’re teaming up with the Chargers to bring more than just excitement to the field […] - [First Harvest Credit Union Expands Services to Cape May County through Partnership with Atlantic Cape Community College](https://thecreditunionconnection.com/first-harvest-credit-union-expands-services-to-cape-may-county-through-partnership-with-atlantic-cape-community-college/): First Harvest Launches New Partnership with $30,000 Commitment and Enters Cape May County with New ATM Installation First Harvest Credit Union (“First Harvest”) is proud to launch its new partnership and long-term commitment to the Atlantic Cape Community College, with donations totaling $30,000 over the next five years.  First Harvest has also expanded its accessible banking services with its first physical location in Cape May County—a new First Harvest ATM installation, located on Atlantic Cape Community College’s Cape May Court House Campus.  These initiatives reinforce First Harvest’s support for educational partners through community reinvestments. First Harvest’s $30,000, five-year commitment will […] - [RTP® Network Hits $481 Billion in Q2 as Higher-Value Instant Payments Surge](https://thecreditunionconnection.com/rtp-network-hits-481-billion-in-q2-as-higher-value-instant-payments-surge/): Payment value on the RTP® network increased 195% in Q2, as businesses and financial institutions embrace larger, faster transactions. Instant payments adoption is accelerating—and payments are getting bigger. In Q2 2025, the RTP® network, the largest instant payments system in the United States operated by The Clearing House that averages 1.18 million payments each day, processed $481 billion in payments, a 195% leap in value from the previous quarter. What’s behind the surge? Businesses and financial institutions are embracing larger, faster transactions, thanks to the network’s increased transaction limit of $10 million, introduced in February.  This upgrade has transformed how money […] - [Sikorsky Credit Union Announces Future Fairfield Branch](https://thecreditunionconnection.com/sikorsky-credit-union-announces-future-fairfield-branch/): Sikorsky Credit Union is pleased to announce plans to open a new branch in Fairfield, CT at 1643 Post Road. The branch is currently in the design phase, with an anticipated opening in 2026. This upcoming location will bring Sikorsky Credit Union’s trusted financial services to more individuals and businesses in the Fairfield area.  The new branch will be designed with both modern convenience and personalized service in mind, offering a full suite of banking solutions—including savings and checking accounts, loans, mortgages, business banking services, and expert financial guidance.  “Expanding our branch network is really about giving more people access […] - [GENIUS Act, Codifying Digital Assets Oversight Passes House, Awaits President's Signature](https://thecreditunionconnection.com/dcuc-issues-update-on-congressional-action-around-crypto-and-digital-assets-legislation/): The House has debated and passed two significant crypto-related bills — the CLARITY Act and the GENIUS Act — setting the stage for broader regulatory reforms. The GENIUS Act, having already cleared the Senate, now heads to POTUS for a final sign-off, while the CLARITY Act will advance to the Senate for further consideration. America’s Credit Unions President/CEO Jim Nussle stated regarding the GENIUS Act, “It’s a significant milestone that rightfully grants credit unions who wish to provide access to payment stablecoins the full authority to issue them under the supervision of the NCUA. Credit unions are well-equipped to offer […] - [Several Credit Unions Announce New Hires/Promotions](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-promotions/): Several credit unions announced changes of leadership within their teams, including Consumers Credit Union, Redwood Credit Union, and Tower Federal Credit Union. New Hires: Promotions: - [DCUC Congratulates Navy Federal & Topside Credit Union 2024 Navy Distinguished Credit Union of the Year](https://thecreditunionconnection.com/dcuc-congratulates-navy-federal-topside-credit-union-2024-navy-distinguished-credit-union-of-the-year/): The Defense Credit Union Council (DCUC) proudly announces Navy Federal Credit Union (Souda Bay) and Topside Credit Union (Potomac, Dahlgren) have been selected by the Department of the Navy as the 2024 Navy Distinguished Credit Union of the Year. All submissions from banks and credit unions were received and carefully reviewed by the United States Navy Installations Command, Department of the U.S. Navy, for consideration.  “We proudly congratulate Navy Federal and Topside Credit Union, along with their teams at Souda Bay and Dahlgren, on being named Navy Credit Union of the Year,” said Anthony Hernandez, DCUC President/CEO. “This honor reflects […] - [Franklin Mint Federal Credit Union Included in Forbes 2025 List of America's Best-In-State Credit Unions](https://thecreditunionconnection.com/franklin-mint-federal-credit-union-included-in-forbes-2025-list-of-americas-best-in-state-credit-unions/): Franklin Mint Federal Credit Union is honored to be named one of “America’s Best-In-State Credit Unions” by Forbes. This marks the second consecutive year FMFCU has been recognized among an elite group of 222 credit unions nationwide for outstanding service, exceptional digital and branch experiences, and member satisfaction. Published annually, the Forbes list celebrates credit unions that excel in delivering superior member service and experiences. In collaboration with marketing research firm Statista, Forbes surveyed over 26,000 Americans assessing credit unions on several criteria including trustworthiness, financial advice, digital and branch services, and customer satisfaction. “Being acknowledged for a second consecutive […] - [Minnesota Credit Union Foundation Reports Strong Year of Impact at Annual Meeting ](https://thecreditunionconnection.com/minnesota-credit-union-foundation-reports-strong-year-of-impact-at-annual-meeting/): The Minnesota Credit Union Foundation (MnCUF) held its Annual Meeting on July 10, 2025, highlighting a year of impactful initiatives focused on financial well-being, professional development, and cooperative growth. During the meeting, Board Chair Doug Ralston, President/CEO of Centricity Credit Union, reported on the Foundation’s 2024 accomplishments, which included:  Board elections were also held during the meeting. Kayla Reiffenberger, CEO of Co-Op Credit Union of Montevideo, and Bob Gerads, CEO of Mid Minnesota Credit Union, were elected to serve three-year terms on the MnCUF Board of Directors.  “The Minnesota Credit Union Foundation’s mission is to empower credit unions and their […] - [The Velera Payments Index: July 2025](https://thecreditunionconnection.com/the-velera-payments-index-july-2025/): Today, Velera published the July edition of the Velera Payments Index: Consumer spending remained slow in June, with debit card activity declining from its peak in January as the downward trend continues. Inflation has started to impact consumer prices, as the CPI rose 0.3% in June. Tariff-sensitive goods, including furniture, toys and clothing, posted higher prices in June, with consumer goods again having the highest contribution to growth in June 2025 for debit purchases. For credit purchases, the Service sector had the highest contribution, with insurance premiums leading the increase. In our July 2025 edition of the Velera Payments Index, we present our quarterly metrics […] - [2025 World Credit Union Conference Closes as Largest Ever Held in Europe](https://thecreditunionconnection.com/2025-world-credit-union-conference-closes-as-largest-ever-held-in-europe/): Australia announced as site of WCUC 2026 during final general session The 20th anniversary of the premier global credit union event closed Wednesday with a new attendance record for a World Credit Union Conference held in Europe. This year’s attendance of more than 2,000 participants tops the previous high of 1,813 set in Belfast, Northern Ireland in 2016. The record-setting crowd was treated to a vibrant final keynote address from Eric Termuende on “Blueprint to the Future: Leading in a New World of Work”. Termuende said no matter who he talks to, those who like their jobs always give the same […] - [TruWest Credit Union Donates $10,000 to Texas Flood Relief Fund](https://thecreditunionconnection.com/truwest-credit-union-donates-10000-to-texas-flood-relief-fund/): Local Credit Union Collecting Donations to Support Those Affected by Recent Kerr County Flooding TruWest® Credit Union is donating $10,000 to the Kerr County Flood Relief Fund in response to the July 4 Texas flooding. TruWest will also be collecting donations of essential items at all three of its Texas locations throughout the end of July. “We are deeply saddened by the recent floods and are fully committed to supporting our Texas communities during this challenging time,” said Rachel Caballero, community development and PR manager at TruWest. “Our focus remains on providing meaningful relief and assistance wherever possible.” Contributions of the following essential […] - [boost.ai Launches with AWS Marketplace, Bringing Trusted AI to the Enterprise](https://thecreditunionconnection.com/boost-ai-launches-with-aws-marketplace-bringing-trusted-ai-to-the-enterprise/): Global AI platform now delivers secure, scalable customer experiences directly to AWS customers boost.ai today announced that it is now available in AWS Marketplace, making it easier than ever for global organizations to deploy enterprise-class AI agents that are secure, scalable, and trustworthy. Built natively on AWS Cloud, boost.ai’s platform enables faster, more seamless implementation for new customers through AWS Marketplace. boost.ai is committed to reshaping customer experiences with a generative AI-first approach that delivers maximum security, enterprise-level control, and most importantly, conversations that customers can trust. The platform’s inclusion on AWS Marketplace not only simplifies procurement for enterprise buyers but also […] - [Oregon State Credit Union Awards 10 Local Students With $2,500 Scholarships](https://thecreditunionconnection.com/oregon-state-credit-union-awards-10-local-students-with-2500-scholarships/): Oregon State Credit Union is pleased to announce it has awarded 10 local students with $2,500 college scholarships in recognition of their academic achievements, community involvement, extracurricular activities, and work experiences. Members with teen checking accounts, who are graduating from high school and plan to attend a two- or four-year Oregon college or university in the fall, are eligible for the credit union’s Tomorrow’s Leaders Today scholarships each year. This year’s winners have shown academic success, played sports, led school clubs, worked a variety of jobs, and volunteered in churches, food pantries, summer camps, animal rescue organizations, and other community […] - [Cabrillo Credit Union Selects Upstart for Personal Lending](https://thecreditunionconnection.com/cabrillo-credit-union-selects-upstart-for-personal-lending/): Cabrillo Credit Union (Cabrillo) has announced its partnership with Upstart (NASDAQ: UPST) to offer personal loans to more consumers. “At Cabrillo Credit Union, our mission is to enrich our members’ lives one relationship at a time by meeting them where and when they need us most,” said Bret Hoda, Chief Revenue Officer at Cabrillo Credit Union. “Through our partnership with Upstart, we’re able to reach, onboard and build meaningful relationships with new members through an online, automated personal lending experience they can access anywhere, anytime.” Cabrillo Credit Union started lending as a partner on the Upstart Referral Network in April […] - [DCUC Sends Letters to Capitol Hill and NCUA; Commends Passage of VA Home Loan Program Reform Act and Supports Congressional Action to Strengthen U.S. Digital Economy](https://thecreditunionconnection.com/dcuc-send-letter-to-capitol-hill-and-ncua-commends-passage-of-va-home-loan-program-reform-act-and-supports-congressional-action-to-strengthen-u-s-digital-economy/): The Defense Credit Union Council (DCUC) recently sent multiple letters to congressional subcommittees, addressing issues related to artificial intelligence (AI) fraud, rural lending access, and digital asset regulation.  Combatting AI-Enabled Financial Fraud In a letter to the House Judiciary Subcommittee on Crime and Federal Government Surveillance, DCUC noted the rising threat of AI-driven scams and detailed proactive steps defense credit unions are taking to safeguard members.  “Defense credit unions are not waiting for bad actors to strike – we are equipping ourselves with machine learning and real-time alert systems to stop scams as they happen,” says Jason Stverak, DCUC Chief […] - [Towpath Credit Union Transforms their Digital Banking Experience with Alkami's Solution](https://thecreditunionconnection.com/towpath-credit-union-transforms-their-digital-banking-experience-with-alkamis-solution/): Ohio-based credit union modernizes member experience with full-scale conversion, boosting product adoption, revenue growth, and efficiency ratio Alkami Technology, Inc. announced that Towpath Credit Union (Towpath) has successfully completed a comprehensive digital transformation using the Alkami Digital Banking Platform. The credit union, headquartered in Northeast Ohio, executed a full conversion, replacing its core, digital banking, loan origination, and document management systems to deliver a seamless and modern member experience. Towpath is also leveraging Alkami’s Data & Marketing Solution to deepen member engagement and deliver targeted, needs-based campaigns. By using real-time behavioral insights, Towpath connects members with timely offers—such as auto loan recapture, debt […] - [Strong Q2 Growth Brings 15 New Customers to AKUVO](https://thecreditunionconnection.com/strong-q2-growth-brings-15-new-customers-to-akuvo/): AKUVO announced today that it signed 15 new customers during the second quarter of 2025. Financial institutions across the country selected the AKUVO collections platform to drive automation, boost efficiency, and improve their account holder experience.  New customers include:  · The $2.8 billion Addition Financial Credit Union, headquartered in Lake Mary, Fla.;  · Barksdale Federal Credit Union, based in Bossier City, La., with $2.4 billion in assets;  · Cornerstone Financial Credit Union, headquartered in Nashville, Tenn., with $638 million in assets;  · The Phoenix-based Copper State Credit Union, with $617 million in assets;  · The $1.5 billion Financial Partners Credit […] - [Chartway Wins 5th Top Workplaces Industry Award for Financial Services](https://thecreditunionconnection.com/chartway-wins-5th-top-workplaces-industry-award-for-financial-services/): Chartway Credit Union is proud to announce that it is a 2025 Top Workplaces Industry Award winner for the Financial Services sector, one of 11 sectors recognized with awards. Energage, a purpose-driven organization that develops solutions to build and brand Top Workplaces, presented the award. The Top Workplaces program has a 17-year history of surveying and celebrating people-first organizations nationally and across 60 regional markets. This is the fifth year in a row the credit union has received this award. “Being named a Top Workplace Industry Award winner for Financial Services is a meaningful honor because it speaks to the dedication of […] - [How Credit Unions Can Meet Rising Home-Improvement Demand](https://thecreditunionconnection.com/home-improvement-loans-for-credit-unions/): Michael Needham, Chief Content Officer. Finturf Homeowners are staying put. With the average 30-year fixed mortgage hovering near 6.6% in early July 2025, moving into a new home with a new mortgage looks expensive for many families. Rather than move, homeowners are turning their existing houses into dream homes, and that decision is fueling the market for renovation credit. A Surge in Project Spending After two consecutive down years, the Harvard Joint Center for Housing Studies now expects year-over-year spending on repairs and remodels to increase by 1.2% in 2025, reaching roughly $509 billion. Much of that money will finance […] - [SCOTUS Ruling on Education Department RIF Signals Trouble Ahead for CFPB – And Potentially the NCUA](https://thecreditunionconnection.com/scotus-ruling-on-education-department-rif-signals-trouble-ahead-for-cfpb-and-potentially-the-ncua/): By Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. The Supreme Court issued yet another significant order on July 14, giving the president wide latitude to reduce and reorganize executive branch agencies. Specifically, the court’s order in McMahon v. New York allows the U.S. Department of Education to proceed with a proposed reduction-in-force (RIF) despite ongoing legal challenges.  SCOTUS’ decision to allow the executive branch to proceed with a significant restructuring of a federal agency, before full judicial review is another sign that the Supreme Court is adopting a view of executive authority that will have implications […] - [Patelco Credit Union Deploys Payfinia’s Instant Payment Xchange Platform, Enabling Real-Time Payments via FedNow Receive Service](https://thecreditunionconnection.com/patelco-credit-union-deploys-payfinias-instant-payment-xchange-platform-enabling-real-time-payments-via-fednow-receive-service/): ~Credit union settles $5.4 million of immediate payments during initial launch period~ Payfinia has partnered with Patelco Credit Union (Patelco) to successfully launch a new real-time payments service, enabling members to receive instant payments 24/7 through the Federal Reserve’s FedNow® Service. The credit union deployed Payfinia’s Instant Payment Xchange (IPX) platform in less than 80 days and has processed more than $5.4 million in instant payment transactions as of mid-July. Headquartered in Dublin, Calif., Patelco has nearly $10 billion in assets and approximately 500,000 members in and around Northern and Southern California. The credit union selected Payfinia’s open, real-time payments […] - [BrightBridge Credit Union and Arrha Credit Union Announce Intent to Merg](https://thecreditunionconnection.com/brightbridge-credit-union-and-arrha-credit-union-announce-intent-to-merg/): BrightBridge Credit Union (BrightBridge) and Arrha Credit Union are pleased to announce their intent to merge, combining two strong, member-focused institutions to enhance the value delivered to their members and communities. BrightBridge will be the continuing credit union. This strategic partnership is rooted in a shared mission to provide exceptional service, competitive financial products and a strong community presence. By joining together, BrightBridge will expand its field of membership to serve the Hampden, Hampshire and Franklin counties in Massachusetts, and Hartford and Tolland counties in Connecticut. If approved by members of both credit unions and regulators, the combined institutions will […] - [BankSocial's Becky Reed shares how credit unions can prep for stable coins](https://thecreditunionconnection.com/banksocials-becky-reed-shares-how-credit-unions-can-prep-for-stable-coins/): On this episode of The Credit Union Connection, host Sarah Snell Cooke sat down with the COO of BankSocial, Becky Reed, to discuss the growing popularity of stablecoins and their potential to disrupt the traditional payments space. Becky first came upon blockchain when forming Pure IT, a CUSO that the credit union she ran at the time founded. What she soon discovered about blockchain was its decentralization, and this quickly led her to conduct even more research into blockchain technology. Becky also learned about the various types of cryptocurrencies out there, and how they are disrupting the current traditional payment […] - [U.S. Rep Don Beyers hosts credit union leadership, America's Credit Unions](https://thecreditunionconnection.com/u-s-rep-don-beyers-hosts-credit-union-leadership-americas-credit-unions/): Yesterday (July 14), Arlington Community Credit Union hosted a roundtable where Congressman Don Beyers outlined his legislative priorities for the remainder of the year and what he hopes Congress will work on moving forward. Beyers focused the roundtable on improving mental health, the future of AI and his general optimism for the future. America’s Credit Unions worked alongside Arlington Community Credit Union to organize the event. Photos are attached for media use. Credit Unions in attendance: - [Inclusiv Launches Groundbreaking Initiative to Help Small Businesses in New York State](https://thecreditunionconnection.com/inclusiv-launches-groundbreaking-initiative-to-help-small-businesses-in-new-york-state/): Applications are Now Open for Inclusiv Business Forward to Connect Entrepreneurs with Affordable Loans through CDFI Credit Unions  Inclusiv is proud to officially announce Business Forward, a new small business lending initiative made possible by a $5 million investment from New York State Empire State Development (ESD) through the State Small Business Credit Initiative (SSBCI). Inclusiv Business Forward aims to increase much needed access to capital for NYS small businesses and serves as a blueprint for other states to deploy SSBCI funding to provide capital and technical assistance to promote small business stability, growth, and success.  The Business Forward initiative […] - [Navy Federal Ranked No. 1 For Customer Experience Among Multichannel Banks for the 10th Consecutive Year](https://thecreditunionconnection.com/navy-federal-ranked-no-1-for-customer-experience-among-multichannel-banks-for-the-10th-consecutive-year/): For the tenth straight year, Navy Federal Credit Union ranks No. 1 among US multichannel banks for customer experience (CX) quality, according to Forrester’s latest Customer Experience Index (CX Index™) Rankings, 2025. The report, which analyzes customer experience across 469 brands in 13 countries, recognizes brands that create and sustain loyalty with their customers. Forrester has also labeled Navy Federal as an elite brand within the CX Index in the US. “Member service is at the heart of everything we do at Navy Federal Credit Union,” said President and CEO Dietrich Kuhlmann. “We are proud that Forrester has ranked us as the top […] - [Sikorsky Credit Union Named Best Credit Union in the Milford for the Second Year in a Row](https://thecreditunionconnection.com/sikorsky-credit-union-named-best-credit-union-in-the-milford-for-the-second-year-in-a-row/): Sikorsky Credit Union is proud to announce that it has been named Best Credit Union in the 2025 Best of Milford Awards, presented by the Milford Regional Chamber of Commerce. This is the second year in a row that the community has voted Sikorsky Credit Union as the top credit union in Milford. The Best of Milford Awards recognize local businesses and organizations that excel in service, community engagement, and overall positive impact. Winners are chosen by community votes, making this award especially meaningful. “We are incredibly grateful to be recognized by the Milford community once again,” said Vincent Ciambriello, […] - [Minnesota Credit Unions Launch Bold Statewide Awareness Campaign: “It’s a Credit Union Thing”](https://thecreditunionconnection.com/minnesota-credit-unions-launch-bold-statewide-awareness-campaign-its-a-credit-union-thing/): The Minnesota Credit Union Network (MnCUN) is proud to announce the launch of a bold, statewide consumer awareness campaign: “It’s a Credit Union Thing.” This cooperative initiative brings together credit unions across Minnesota to elevate public understanding of the credit union difference—highlighting their not-for-profit model, personalized service, and deep community impact. The campaign is designed to spark curiosity and connection, especially among younger Minnesotans navigating major life milestones. With a confident, relatable message and fresh creative assets, “It’s a Credit Union Thing” aims to grow membership and deepen engagement by showing how credit unions are in step with members—every step of the […] - [Directions Credit Union Selects Mahalo Banking to Expand Financial Management Tools](https://thecreditunionconnection.com/directions-credit-union-selects-mahalo-banking-to-expand-financial-management-tools/): Credit union strengthens digital banking with new financial wellness tools, unified account views, and enhanced security Directions Credit Union (‘Directions’ – asset size of $1.3 billion) has selected Mahalo Banking to elevate its digital banking experience with deeper Corelation Keystone integration, industry-leading security, and a uniquely collaborative support model designed to empower both staff and members. “Mahalo stood apart for their intuitive understanding of credit union operations and dedication to driving our mission forward,” said Barry Shaner, President and CEO of Directions. “We heard again and again from other credit unions that Mahalo’s team truly listens, builds solutions that work, […] - [Tucoemas Partners With Carefull to Strengthen Their Commitment to Financial Security, Education, and Community Resilience](https://thecreditunionconnection.com/tucoemas-partners-with-carefull-to-strengthen-their-commitment-to-financial-security-education-and-community-resilience/): Tucoemas Federal Credit Union has chosen Carefull as its new financial safety partner. This partnership extends Tucoemas’ long-standing mission of “Rising Together, Anything is Possible” by providing older members and their loved ones with proactive financial security tools and protection against today’s growing threats of elder exploitation. “The fastest-growing population in California is adults over 65, and with that comes a responsibility to protect the people who helped build our credit union and our community,” said Brice Yocum, CEO of Tucoemas Federal Credit Union. “Many of these members have been with Tucoemas for decades, and we want them to know how important […] - [Centra Credit Union Included In The Forbes List Of America’s Best-In-State Credit Unions 2025 Ranking](https://thecreditunionconnection.com/centra-credit-union-included-in-the-forbes-list-of-americas-best-in-state-credit-unions-2025-ranking/): Centra Credit Union has been recognized on the Forbes list of America’s Best-In-State Credit Unions for 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on June 17, 2025, and can be viewed on the Forbes website. Financial institutions serve as the foundation of the financial world, playing a critical role in maintaining the stability of global systems. America’s Best-In-State Credit Unions 2025 aims to showcase the institutions most valued by residents in each state and to recognize the credit unions that have excelled in meeting […] - [What Happens When Credit Union Leaders Finally Say What They Mean?](https://thecreditunionconnection.com/what-happens-when-credit-union-leaders-finally-say-what-they-mean/): “I heard Bill Cheney cuss on stage. That’s when I knew something had changed.” That moment, half joke, half revelation, says everything you need to know about what’s happening behind the scenes in credit unions right now. In this episode of The Credit Union Connection, host Sarah Snell Cooke sits down with Zach Christensen of Mitchell Stankovic & Associates and CU Pride to talk about what it actually looks like when an industry lets its guard down and gets honest. Not performative. Not political. Just real. (CU Pride Swag Available here!) There’s no roadmap for this kind of conversation, and […] - [Fuel Solutions Powers a New Path for Association Collaboration](https://thecreditunionconnection.com/fuel-solutions-powers-a-new-path-for-association-collaboration/): Fuel Solutions (Fuel) has officially launched as a nonprofit organization built to support the next evolution of credit union associations. Born from the strategic alliance between the California, Nevada, and Utah credit union associations, Fuel serves as the foundation behind this unparalleled cooperative model.  For the California Credit Union League and Nevada’s Credit Unions, this milestone builds on a 29-year partnership that began in 1996. Over nearly three decades, the associations have worked side by side to address state and federal legislative, regulatory, and strategic priorities while preserving local control and their distinct identities. With the addition of Utah’s Credit Unions […] - [Delfi Announces 21 Financial Institutions Live on its AI-Powered Interest Rate Risk Management Platform](https://thecreditunionconnection.com/delfi-announces-21-financial-institutions-live-on-its-ai-powered-interest-rate-risk-management-platform/): Between no-cost Essentials and premium Overwatch, institutions trust Delfi with over $1.7T in assets  Delfi, a financial technology company, announced today that in the nine months since its launch at FinovateFall 2024 where it won “Best of Show,” twenty-one financial institutions representing more than $1.7 trillion in total assets are now live on Delfi Overwatch or Essentials, its AI-powered platform designed to help institutions manage interest rate volatility with clarity and speed. These institutions range from smaller sub-$100 million community banks to $80 billion international banks to large asset managers with more than $1 trillion in assets.   “Delfi has been […] - [WOCCU Board Chair Lays Out New Strategic Plan at Opening of 2025 World Credit Union Conference](https://thecreditunionconnection.com/woccu-board-chair-lays-out-new-strategic-plan-at-opening-of-2025-world-credit-union-conference/): 20th anniversary edition of WCUC begins three-day run in Stockholm More than 2,000 credit union professionals from nearly 60 countries on Monday celebrated the start of the 2025 World Credit Union Conference (WCUC) with an opening ceremony that included the annual parade of flags, twelve breakout sessions and the announcement of a new strategy for World Council of Credit Unions (WOCCU). WOCCU Board Chair Michael Lawrence welcomed attendees to the 20th anniversary edition of WCUC and immediately addressed some new realities for the organization, which lost most of its international development funding with the dismantling of USAID earlier this year. “Politician and motivational […] - [Abound Credit Union Invests in Technology Modernization with Jack Henry](https://thecreditunionconnection.com/abound-credit-union-invests-in-technology-modernization-with-jack-henry/): Jack Henry™ has announced that Abound Credit Union has selected the Symitar® core platform and its complementary cloud-based solutions to modernize the banking experience for its more than 130,000 members across Kentucky. Founded 75 years ago as a small institution serving 10 Fort Knox employees, Abound Credit Union has grown to $2.4 billion in assets and is now a pillar of southern and central Kentucky communities. The credit union found it increasingly challenging to keep up with members’ needs and attract younger generations with its legacy technology and workarounds. It needed a future-ready, flexible technology platform that would support growth without sacrificing the brand’s personal connections. Jack Henry’s open, […] - [Summit Credit Union Named Best Credit Union in the Greensboro News & Record’s Readers’ Choice Awards](https://thecreditunionconnection.com/summit-credit-union-named-best-credit-union-in-the-greensboro-news-records-readers-choice-awards/): Summit Credit Union has once again been named Best Credit Union in the Greensboro News & Record Readers’ Choice Awards. This marks the sixth consecutive year the credit union has earned a spot on the annual list, which recognizes local organizations for their excellence, community impact, and popularity. The News & Record Readers’ Choice contest is driven by community engagement, with winners determined through public nominations followed by a community-wide vote. “We are thrilled to be named Best Credit Union for the sixth year in a row,” said Sam Whitehurst, President and CEO of Summit Credit Union. “This win reflects the continued commitment and passion of […] - [World Council of Credit Unions and Visa Launch Strategic Collaboration to Tackle Cross-Border Payment Challenges](https://thecreditunionconnection.com/world-council-of-credit-unions-and-visa-launch-strategic-collaboration-to-tackle-cross-border-payment-challenges/): Working group of credit union leaders tasked with improving international payment systems World Council of Credit Unions (WOCCU) has launched a strategic collaboration with Visa aimed at addressing one of the most persistent barriers to financial inclusion: the high cost, access and complexity of cross-border payments and remittances. Announced at the 2025 World Credit Union Conference in Stockholm, Sweden, the initiative will bring together credit union leaders from across the Americas to identify and explore scalable solutions that ensure reliable cross-border money movement with the security, ease of use and clear guidance that credit union members seek. “Cross-border payments remain costly, complex […] - [SECU Foundation Awards Western Youth Network $1.5 Million Grant for New Resource Center](https://thecreditunionconnection.com/secu-foundation-awards-western-youth-network-1-5-million-grant-for-new-resource-center/):  SECU Foundation has announced a $1.5 million challenge grant for Western Youth Network (WYN) to assist with the construction of a new youth resource center to serve residents in the five-county High Country region of North Carolina. The addition will allow the non-profit to expand their continuum of care for students from kindergarten through twelfth grade and help create an ideal setting for academic, social, physical, and behavioral health services. WYN has been serving youth in the region through prevention and intervention programs since its establishment in 1985. WYN is the only center for youth programs in Watauga County and provides intentional outreach […] - [Finex Credit Union Announces New President & CEO](https://thecreditunionconnection.com/finex-credit-union-announces-new-president-ceo/): Finex Credit Union today announced the appointment of Joseph Bartolotta as its new president and chief executive officer, succeeding Michael Palladino, who retired in May after 29 years of dedicated leadership. Bartolotta brings extensive experience in banking and financial services, with a proven track record in strategic planning, marketing, using data and analytics, and identifying new digital solutions to serve customers. “I’m honored by the opportunity to lead the Finex team and further its mission to help its members, which in turn strengthens the communities that it serves,” Bartolotta said. “I love the credit union model and the mantra of […] - [United Financial Credit Union Selects AlgebrikAI's Comprehensive Consumer Lending Suite, Algebrik One](https://thecreditunionconnection.com/united-financial-credit-union-selects-algebrikais-comprehensive-consumer-lending-suite-algebrik-one/): Becomes one of the first 10 clients to join Algebrik AI’s elite early adopters Algebrik AI today announced that United Financial Credit Union has selected Algebrik AI’s complete agentic AI-powered lending origination suite called Algebrik One —including its Digital Account Opening, Lender’s Cockpit aka Loan Origination System (LOS), Omni-channel Point-of-Sale (POS), AI Decision Engine, and Portfolio Analytics modules —to power fully digital, faster, smarter, and more member-centric lending & account opening experiences. Algebrik AI stands apart from legacy LOS systems through the following key differentiators: Cloud-Native, AI-powered digital era architecture Designed from the ground up as a modular, cloud-native, AI-powered platform, Algebrik enables personalized workflows […] - [178 and Rising: Zelle® Accelerates Community Bank and Credit Union Adoption](https://thecreditunionconnection.com/178-and-rising-zelle-accelerates-community-bank-and-credit-union-adoption/): Expands Access to Another 7.5+ Million Accounts In 38 States Zelle today announced that at least 178 new financial institutions from communities in all parts of the country have gone live with or signed up to bring the popular money transfer service to their customers during Q4 2024 and Q1 2025. With the addition of these new banks and credit unions, there will be more than 2,300 financial institutions on the Zelle Network® – 95% of which are community banks and credit unions. “Zelle serves banks and credit unions of all sizes, providing their customers and members a fast and reliable way to […] - [From Piggy Banks to Paychecks: Everwise and Greenlight Make Financial Education Fun for Families](https://thecreditunionconnection.com/from-piggy-banks-to-paychecks-everwise-and-greenlight-make-financial-education-fun-for-families/): Everwise Credit Union announced today a new partnership with Greenlight® Financial Technology, Inc. (“Greenlight”) to help families teach kids smart money habits and build healthy financial futures. Starting July 1, all Everwise members have free** access to Greenlight’s award-winning family finance app, available through the Greenlight for Credit Unions program. Currently, Everwise is the only credit union in Indiana that offers its members this free access. With Greenlight, families can take advantage of debit cards for kids and an app with parental controls and powerful tools to help children learn money management through hands-on experience. Parents can send money to their kids quickly, manage their debit […] - [Giakoumopoulos Receives Surprise Award at GWLN Forum in Stockholm](https://thecreditunionconnection.com/giakoumopoulos-receives-surprise-award-at-gwln-forum-in-stockholm/): WYCUP also hosts summit for young professionals on eve of WCUC 2025 Global Women’s Leadership Network (GWLN) Director Eleni Giakoumopoulos got a surprise reward for her hard work and dedication during Sunday morning’s GWLN Forum at the 2025 World Credit Union Conference.  Sue Mitchell, Founding Chair of GWLN and CEO of Mitchell, Stankovic and Associates, made the unexpected gesture by presenting Giakoumopoulos with a new award for her leadership of the organization.  “Lena, your leadership and commitment to Global Women’s Leadership Network has created a strong, premier program. We would all like to say, ‘thank you’ by giving you a beautiful Global Women’s Leadership […] - [CommunityWide Federal Credit Union Taps Scienaptic AI for Smarter Fraud and Anomaly Detection](https://thecreditunionconnection.com/communitywide-federal-credit-union-taps-scienaptic-ai-for-smarter-fraud-and-anomaly-detection/): Scienaptic AI announced today that CommunityWide Federal Credit Union has selected its platform to enhance real-time fraud and anomaly detection to tackle the challenges of identity theft and synthetic identity fraud. With the help of Scienaptic AI platform, CommunityWide Federal Credit Union aims to deploy a deeply integrated fraud and underwriting engine. This integrated engine aggregates multiple data sources and deploys cutting-edge machine learning and anomaly detection algorithms to create a powerful signal to detect fraud. Early detection of fraud is already yielding significant savings in fraud losses for Scienaptic clients. “With fraud evolving rapidly, especially in identity and synthetic attacks, we […] - [Zogo Is Quietly Powering a Shift in How Financial Institutions Increase Retention Through In-App Learning](https://thecreditunionconnection.com/zogo-is-quietly-powering-a-shift-in-how-financial-institutions-increase-retention-through-in-app-learning/): In a digital landscape where attention is fleeting and brand loyalty is on life support, Zogo is changing the game. What started as a gamified learning app has evolved into the engagement engine behind today’s most loyal, high-value financial customers. With more than 250 financial institutions on board, from Chime to Sezzle to New York Life, Zogo is redefining what it means to connect with users in real time, inside their financial lives.  Now, under the leadership of President Ben Brooks, Zogo is helping partners strengthen retention, deepen brand connection, and drive measurable growth through bite-sized learning and behaviorally-backed gamification. The […] - [How Alternative Data in Credit Is Reshaping Risk and Opening Doors](https://thecreditunionconnection.com/how-alternative-data-in-credit-is-reshaping-risk-and-opening-doors/): Subramanian Narayanaswamy, Financial Services Risk Management Executive Credit is the bloodline of our economy. Yet, for 22 million Americans in 2022 per TransUnion, that lifeblood flows sluggishly – if at all. These thin- or no-file consumers are often invisible to traditional credit scoring models despite potentially being reliable borrowers. But a decisive shift is underway, fueled by alternative data, and it’s forcing lenders, from nimble fintechs to established credit unions and banks, to rethink how they assess risk.   The Credit Invisible: Thin-File and No-File Consumers So, what exactly is alternative data? In essence, it’s any consumer information valuable for […] - [America’s Credit Unions letter to OMB Director Russell Vought](https://thecreditunionconnection.com/americas-credit-unions-letter-to-omb-director-russell-vought/): America’s Credit Unions wrote a letter to OMB Director Russell Vought regarding the future plans for CFPB funding in light of the decision not to draw funds from the Federal Reserve and the reduction in the annual funding cap. In the letter you can read more about how we: Read the full letter here. - [CrossState York Chapter of Credit Unions Presents Check to York Habitat for Humanity](https://thecreditunionconnection.com/crossstate-york-chapter-of-credit-unions-presents-check-to-york-habitat-for-humanity/): On July 11, 2025, the CrossState York Chapter of Credit Unions proudly presented a $500 donation to York Habitat for Humanity, further supporting the organization’s mission of providing safe and affordable housing in the York community. Credit unions and partners represented in the donation include: Earlier this year, representatives from these credit unions and partners also rolled up their sleeves to volunteer on a York Habitat build site located at 707 S. Pine Street, York, contributing hands-on work to help construct a new home for a local family in need. “This donation is just one more way we can show our […] - [Hartford Federal Credit Union Selects James Kane as Senior Vice President - Operations](https://thecreditunionconnection.com/hartford-federal-credit-union-selects-james-kane-as-senior-vice-president-operations/): Hartford Federal Credit Union is pleased to announce the appointment of James Kane as its new Senior Vice President  – Operations. In this role, Kane will lead the Credit Union’s day-to-day operational functions, including branch operations, compliance, marketing, business development, and member services, while working closely with executive leadership to drive strategic growth. With a proven track record in operational excellence and a member-focused mindset, Kane brings the experience and vision needed to support Hartford FCU’s continued success as a safe, financially sound credit union serving the communities of Hartford, Middlesex, and Tolland counties. “We’re thrilled to welcome James as […] - [US Bankruptcy Filings Decreased in June](https://thecreditunionconnection.com/us-bankruptcy-filings-decreased-in-june/): Filings are down slightly from May 2025, but up 19.67% from June 2024 New monthly bankruptcy data from G2 Risk Solutions (G2RS) shows June 2025 filings decreased 4.15% from May 2025. Total consumer filings reached 45,135 in June. Commercial filings for June 2025 were 1,092. G2RS provides bankruptcy management services to US lenders and creditors in a majority of cases filed. As compared to June 2024, consumer filings in June 2025 filings are up 16.07% year-over-year (YoY). G2RS analysts are projecting that overall, 2025 total consumer bankruptcy filings will exceed 2024 by 1.38%. Commercial filings decreased 9.15% from May 2025, […] - [Tower Federal Credit Union Earns Great Place to Work® Certification—Seven Years in a Row!](https://thecreditunionconnection.com/tower-federal-credit-union-earns-great-place-to-work-certification-seven-years-in-a-row/): Tower has received recognition for the seventh consecutive year by the independent analysts at Great Place to Work®, an industry leader on quantifying employee experience. The prestigious award is based entirely on what current employees say about their experience working at Tower.   For the seventh consecutive year, Tower Federal Credit Union has been named a “great workplace” by the independent analysts at Great Place to Work® (GPTW).  This year, 85% of employees said Tower is a great place to work—compared to 57% of employees at a typical U.S.-based company.1 Rick Stafford, Tower’s President and CEO, credits Tower’s dedicated employee […] - [First Retail Business Opens at MaxQ@Kirtland - Kirtland Credit Union Leads the Way](https://thecreditunionconnection.com/first-retail-business-opens-at-maxqkirtland-kirtland-credit-union-leads-the-way/): Kirtland Credit Union (KCU) proudly announces the opening of our new branch located within the exciting MaxQ@Kirtland development, a mixed-use project situated off Gibson Boulevard in partnership with KirtlandAir Force Base through an Enhanced Use Lease (EUL). The new Kirtland Credit Union branch occupies a one-level, 2,500 square-foot space, replacing the current branch at 6440 Gibson Blvd. The ribbon cutting will take place on Tuesday, July 15, 2025, at 4023 Ranger Road, SE, marking a significant milestone for both KCU, MaxQ@Kirtland and the local community. We look forward to welcoming local representatives, the new Kirtland Air Force Base leadership team, and several special guests […] - [InterLutions and Acumen Financial Advantage Collaborate to Deliver Consultative Executive Benefit Services for Credit Unions](https://thecreditunionconnection.com/interlutions-and-acumen-financial-advantage-collaborate-to-deliver-consultative-executive-benefit-services-for-credit-unions/): InterLutions is proud to announce a strategic partnership with Acumen Financial Advantage (AFA). This collaboration introduces a suite of Executive Benefit Consulting Services designed to help credit unions strengthen leadership retention, improve investment performance, and expand their charitable reach. “Credit unions are seeking smarter ways to invest in their people while enhancing their mission-driven impact,” said Jesse Kohl, President. “By partnering with Acumen Financial Advantage, we’re empowering our industry to proactively address executive retention, benefits prefunding, and charitable giving—all while maintaining financial soundness.”  The new partnership stems from insights gathered through group forums, client feedback, and direct outreach with credit […] - [SchoolsFirst Federal Credit Union Lobby to Support Healing and Hope in CHOC’s New Outpatient Tower](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-lobby-to-support-healing-and-hope-in-chocs-new-outpatient-tower/): SchoolsFirst Federal Credit Union, as part its ongoing commitment to Children’s Hospital of Orange County (CHOC), now part of Rady Children’s Health, has announced support of a nine-story ambulatory building designed to provide care for children and families across Southern California. In recognition of this donation, the first-floor lobby of the tower has been named the SchoolsFirst Federal Credit Union Lobby. “We are deeply committed to supporting CHOC and its mission to deliver world-class pediatric care. Our relationship with CHOC reflects our belief in ‘people helping people’ through decades of charitable giving, volunteerism and community investment,” stated Bill Cheney, chief executive officer, SchoolsFirst […] - [Several Credit Unions Announce New Hires; Lake Area Mortgage Team Members Recognized as Top Producing Loan Officers](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-lake-area-mortgage-team-members-recognized-as-top-producing-loan-officers/): Several credit unions, including Land of Lincoln Credit Union and First Tech Federal Credit Union announced new hires to their organizations, and team members from Lake Area Mortgage were recognized as Top Producing Loan Officers. New Hires: Recognitions: Promotions: Appointments: - [Lodestar and Cyder Partner to Power Data-Driven Loyalty for Credit Unions](https://thecreditunionconnection.com/lodestar-and-cyder-partner-to-power-data-driven-loyalty-for-credit-unions/): Lodestar Technologies is teaming up with Cyder, a Canadian fintech startup, to help credit unions elevate their loyalty strategies through stronger data infrastructure and standardization. Cyder’s platform enables credit unions to create tailored, behavior-based loyalty programs that reflect their community roots and values. Now, with Lodestar’s expertise in data warehousing and business intelligence, mutual clients will benefit from cleaner, more accessible, and standardized data pipelines, making it easier to build and scale meaningful rewards programs. “Loyalty is already in credit unions’ DNA; they just need the right tools to translate that into a modern, digital experience,” said Will Christodoulou, Co-Founder of Cyder. […] - [NV Credit Unions Applaud Lawmakers & Governor for Modernizing State Charter](https://thecreditunionconnection.com/nv-credit-unions-applaud-lawmakers-governor-for-modernizing-state-charter/): SB 375: A Win for Every Credit Union Member in Nevada Nevada’s credit union leaders are celebrating a legislative victory with Governor Joe Lombardo recently signing Senate Bill 375 into law. This legislation, sponsored by Nevada’s Credit Unions, marks a modernization of the regulatory framework for state-chartered credit unions, guaranteeing they can better serve their members and remain competitive in the evolving financial services landscape. Credit unions operate under a dual charter framework, allowing them to be chartered either federally by the National Credit Union Administration (NCUA) or through the state by the Nevada Financial Institutions Division (FID). Lombardo’s recent […] - [Mission First & Always: Inside CEO Recruiting for CDFI Credit Unions](https://thecreditunionconnection.com/mission-first-always-inside-ceo-recruiting-for-cdfi-credit-unions/): Michael Beall, CXO, CU Strategic Planning When a Community Development Financial Institution (CDFI) credit union needs a new CEO, it’s not just hiring a leader. The members are entrusting someone with a legacy of member service, economic impact and innovation.  With decades of experience in the credit union movement and a long track record of helping CDFIs grow and thrive, I have seen and heard the good and bad of executive recruiting.  For example, a good executive recruiter will approach the placement as far more personal than a search. It’s a relationship-first process rooted in values, trust and purpose. CDFI […] - [NCUA Issues Notice of Voluntary EGRPRA Review](https://thecreditunionconnection.com/ncua-issues-notice-of-voluntary-egrpra-review/): The National Credit Union Administration (NCUA) today announced the next step in its plans to voluntarily review agency regulations to identify rules that are outdated, unnecessary, and unduly burdensome to federally insured credit unions. This effort aligns with the federal government’s commitment to efficiency and the NCUA’s continued efforts to reduce regulatory burden on credit unions. The review, which will be conducted over the course of approximately two years, is part of the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA) of 1996. While the NCUA is not statutorily required to undertake the review, NCUA has elected to participate in […] - [Tucson Federal Credit Union Collects Back-to-School Supplies and Donations for Deserving Youth](https://thecreditunionconnection.com/tucson-federal-credit-union-collects-back-to-school-supplies-and-donations-for-deserving-youth/): Tucson Federal Credit Union (TFCU) is helping kids start the school year fresh and in style. In partnership with Headliners Barber Shop, TFCU is offering 30 free back-to-school haircuts for youth in need at a special event on Monday, July 28, from 11 a.m. to 3 p.m., at Headliners inside Tucson Mall (4500 N Oracle Rd). Back-to-School donation boxes are displayed at all branches and will be accepting donations of new school supplies and monetary contributions to support the effort through the end of July. Vouchers for the free haircuts will be distributed in collaboration with a local youth serving […] - [Executive Orders Are Shaping the Rules: What That Means for Credit Unions](https://thecreditunionconnection.com/executive-orders-are-shaping-the-rules-what-that-means-for-credit-unions/): By Henry Meier, Esq., The Law Office of Henry C. Meier, Esq. When it comes to federal policy shifts, most of us in the credit union industry are accustomed to the slow, winding process of legislation or the formal regulatory rulemaking process. You know the drill: proposals, comment periods, revisions and then finally, rules. That may no longer be the norm. This week, things got a jolt from the top. On July 8, the Supreme Court issued an emergency order that allowed the Trump administration to move forward with a sweeping executive order to reorganize and dramatically downsize parts of […] - [Payfinia Brings Paze Digital Wallet to Community Financial Institutions ](https://thecreditunionconnection.com/payfinia-brings-paze-digital-wallet-to-community-financial-institutions/): Partnership enables community financial institutions to offer Paze; Star One Credit Union among the first to launch Payfinia announced today its partnership with Early Warning Services to offer Paze SM, an online checkout solution developed by Early Warning Services and offered by participating banks and credit unions. Star One Credit Union, one of the nation’s largest credit unions with more than $9 billion in assets, is the first financial institution onboarding Paze through Payfinia.  Paze is a fast, easy and convenient online checkout solution that offers added security through tokenization, and actual card numbers are never shared with merchants. Now, participating financial institutions […] - [Community Resource Credit Union Appoints Chad Heese as President and CEO](https://thecreditunionconnection.com/community-resource-credit-union-appoints-chad-heese-as-president-and-ceo/): Seasoned credit union leader to guide CRCU into its next era of growth and community impact Community Resource Credit Union (CRCU) is proud to announce the appointment of Chad Heese as its new president and chief executive officer. “This is a pivotal moment for Community Resource Credit Union, and we’re proud to have Chad leading the way. With his passion for innovation, strategic vision, and unwavering focus on people, we look forward to a future filled with opportunity and continued service to our community,” said Randall Sanders, former board of directors’ chairman. Founded in 1935, CRCU is a not-for-profit, member-owned financial […] - [Everwise Credit Union Earns 2025 Great Place To Work Certification](https://thecreditunionconnection.com/everwise-credit-union-earns-2025-great-place-to-work-certification/): Everwise Credit Union is pleased to announce that it has earned CertificationTM as a Great Workplace by Great Place To Work.® Everwise is the only CertifiedTM Great Place to Work® credit union based in Indiana. The prestigious award is based solely on honest and anonymous feedback from current employees about their experience working at Everwise. In a June survey, nearly 70% of Everwise employees agreed that it is a great place to work – 12 points higher than the average U.S. company. Additionally, 85% of employees said that they were made to feel welcome when joining the company. Great Place To […] - [Bronco FCU Selects Tyfone to Enrich Retail and Business Digital Banking Experience](https://thecreditunionconnection.com/bronco-fcu-selects-tyfone-to-enrich-retail-and-business-digital-banking-experience/): nFinia chosen for its forward-thinking design and differentiated business and retail solution Digital banking provider Tyfone today announced Bronco Federal Credit Union (Bronco FCU) has selected the nFinia® Digital Banking Platform to increase self-service features for retail and commercial account holders and deliver a cohesive, modern look and feel across all devices.  “When assessing our options on the market, we had a clear goal: enhance self-service to better serve our members and position the credit union for future growth,” said Steve Pittman, CIO of Bronco FCU. “We selected Tyfone not only because of its forward-thinking platform architecture and commitment to […] - [MANTL Becomes First Fintech to Offer Plaid Layer](https://thecreditunionconnection.com/mantl-becomes-first-fintech-to-offer-plaid-layer/): The MANTL – Plaid Layer integration gives regional and community financial institutions the same instant onboarding experience offered by leading neobanks  MANTL today announced that it is the first fintech to resell and offer Plaid Layer, Plaid’s instant onboarding technology used by the most innovative neobanks. Through this first-of-its-kind integration, MANTL empowers regional and community financial institutions to deliver the same seamless digital onboarding experiences as tech-first neobanks while unlocking faster growth and stronger conversion. MANTL already delivers a best-in-class account opening experience, with average account opening times of under five minutes for consumers and under ten minutes for businesses. Now, with Plaid […] - [TBA Credit Union Kicks Off School Supply Drive for TCAPS Student Support Network](https://thecreditunionconnection.com/tba-credit-union-kicks-off-school-supply-drive-for-tcaps-student-support-network/): TBA Credit Union is hosting its annual School Supply Drive from July 1, 2025, through September 2, 2025. Committed to supporting education and making a positive impact on the lives of students and families, this year’s drive will benefit the Traverse City Area Public Schools (TCAPS) Student Support Network (SSN), a vital resource for students in need within our community.   The TCAPS SSN provides assistance to students facing challenges that may affect their academic success, including access to school supplies, clothing, and other resources. Through partnerships with local businesses and organizations like TBA Credit Union, the network is able to […] - [DCUC Urges Congress to Restore CDFI Fund Funding and Ensure Smart Regulation of Digital Assets](https://thecreditunionconnection.com/dcuc-urges-congress-to-restore-cdfi-fund-funding-and-ensure-smart-regulation-of-digital-assets/): The Defense Credit Union Council (DCUC) sent a series of letters to key Senate committees ahead of pivotal hearings on national defense funding and digital asset regulation. DCUC’s letters urged Congress to take action on two critical issues affecting military families and underserved communities: preserving funding for the Community Development Financial Institutions (CDFI) Fund and ensuring responsible innovation in digital asset markets. In addition to these letters, DCUC also sent a letter to the Senate Armed Services Committee ahead of its NDAA markup hearing. In a letter to the Senate Appropriations Subcommittee on Financial Services and General Government, DCUC advocated for the […] - [Reliant Credit Union Launches “Fraud Fighters Art & Meme Contest” to Raise Awareness About Scams](https://thecreditunionconnection.com/reliant-credit-union-launches-fraud-fighters-art-meme-contest-to-raise-awareness-about-scams/): In an age where scams and digital deception are becoming increasingly sophisticated, Reliant Credit Union is calling on artists of all ages to take a creative stand against fraud. The organization has officially launched its Fraud Fighters Art & Meme Contest, inviting community members to use their talents to help others “Think Before You Share.” The contest is open now through July 31, 2025, and encourages participants to submit original artwork—including hand-drawn posters, digital illustrations, or memes—that raise awareness about the dangers of scams and fraud. This year’s theme, “Think Before You Share,” challenges artists to explore how easily scammers […] - [President Trump’s new Executive Order Ending Politicized “Debanking” Practices](https://thecreditunionconnection.com/president-trumps-new-executive-order-ending-politicized-debanking-practices/): Defense Credit Unions Stand Behind President Trump’s Action to Protect Fair Banking Access for All Americans The Defense Credit Union Council (DCUC) has issued a statement today commending President Trump’s new Executive Order, “Guaranteeing Free and Fair Banking for All Americans,” calling it a landmark move to end politically motivated financial discrimination. “This decisive action sends an unmistakable message: in America, access to banking must be based on merit and law—not ideology,” says Anthony Hernandez, DCUC President/CEO. “We applaud the President’s leadership in targeting unlawful and politicized ‘debanking’ practices that have no place in our financial system.” DCUC’s letter to […] - [LLCU Donates $5,000 To Community Police Departments In Support Of National Night Out Initiative](https://thecreditunionconnection.com/llcu-donates-5000-to-community-police-departments-in-support-of-national-night-out-initiative/): Land of Lincoln Credit Union (LLCU) donated a monetary donation of $5,000 among several local area law enforcement agencies that fall within the communities served by LLCU. The donation was made in support and recognition of National Night Out on Tuesday, August 5th. National Night Out is an annual community-building campaign that promotes police-community partnerships and neighborhood camaraderie to make communities safer. Numerous events, including block parties, cookouts, parades, safety demonstrations, and more are planned throughout central Illinois on this date by the area police departments. “The events of National Night Out are a wonderful way for police to network […] - [Purdue Federal Credit Union Sponsors PALS Shopping Spree For Campers](https://thecreditunionconnection.com/purdue-federal-credit-union-sponsors-pals-shopping-spree-for-campers/): Purdue Federal Credit Union (Purdue Federal) supported a special back-to-school shopping spree on Friday, August 1, for six Purdue Athletes Life Success (PALS) campers at the Walmart in West Lafayette. The shopping spree was designed to help campers prepare for the upcoming school year by providing them with supplies and essentials to start strong and confident. This event was made possible thanks to a combined $1,200 donation from Purdue Federal and Purdue Federal Chief Experience and Chief Information Officer, Matthew Lerzak, and his wife, Paula.  Campers were selected for this opportunity based on their positive attitude and embodiment of the […] - [California Credit Union Provides Back-To-School Backpacks and Supplies to Weingart East Los Angeles YMCA Through Annual Program](https://thecreditunionconnection.com/california-credit-union-provides-back-to-school-backpacks-and-supplies-to-weingart-east-los-angeles-ymca-through-annual-program/): California Credit Union recently helped make starting the school year a little easier for hundreds of local students and their families. For the third year, the credit union provided more than 350 backpacks with school supplies to the Weingart East Los Angeles YMCA in association with NBC4 and Telemundo 52’s Supporting Our Schools back-to-school donation drive. “Thanks to the generosity of our members, employees and community, we’re helping local students start the school year with the tools they need to succeed,” said California Credit Union President/CEO Steve O’Connell. “Supporting education and investing in our youth is one of the most meaningful ways we can give […] - [Citadel Credit Union Launches Program to Boost Homeownership in Underserved Neighborhoods](https://thecreditunionconnection.com/citadel-credit-union-launches-program-to-boost-homeownership-in-underserved-neighborhoods/): Citadel Credit Union announced the official launch of its Home Help Program, a $6 million community lending program designed to expand homeownership access in Philadelphia’s underserved neighborhoods. Program Details: Citadel’s expansion into the city, including a new Philly branch in early 2026, reflects a deepened commitment to local families. Citadel has appointed Evan Richman, a seasoned community lending expert, to lead outreach and partnerships with organizations such as NAHREP and the Affordable Housing Centers of Pennsylvania. - [Texas Trust Gives Foundation Awards $55,000 in Grants Supporting Back to School Needs](https://thecreditunionconnection.com/texas-trust-gives-foundation-awards-55000-in-grants-supporting-back-to-school-needs/): The Texas Trust Gives Foundation has awarded more than $55,000 in community impact grants to help parents reduce the cost of sending their children back to school. According to the National Retail Federation’s annual back-to-school survey, families will spend around $855 per child in elementary through high school for clothing, shoes, school supplies, and technology. Seven North Texas school districts received grants from the foundation, along with districts serving Athens and San Angelo. Grants range from $1,500 to $10,000 per district. “Going back to school should be a fun and exciting time, not something that creates a financial burden on families,” said […] - [CU Executive Compensation Continues to Climb, CUES Compensation Surveys Find](https://thecreditunionconnection.com/cu-executive-compensation-continues-to-climb-cues-compensation-surveys-find/): Credit union executive compensation is on the rise, with many leadership roles seeing significant increases in both base salary and total compensation, according to the newly-released 2025 CUES Executive Compensation Survey Report. Report data comes from credit unions that participated in CUES Executive Compensation Survey and CUES Employee Salary Survey between March 3 and March 16 of this year.  The annual report from CUES offers a detailed look at how compensation trends are evolving across asset sizes and roles, and what that means for talent strategies in today’s market. Among the key findings: “This year’s surveys show credit unions are investing […] - [Chartway Promise Foundation Marks 20 Years of Raising Awareness for Childhood Cancer and Bringing Joy, Hope & Smiles to its Promise Heroes](https://thecreditunionconnection.com/chartway-promise-foundation-marks-20-years-of-raising-awareness-for-childhood-cancer-and-bringing-joy-hope-smiles-to-its-promise-heroes/): Foundation teams with partner charities in Virginia, Texas and Utah for a month of events & fundraisers In observance of Childhood Cancer Awareness Month in September—and in celebration of the Chartway Promise Foundation’s 20th anniversary—Chartway Credit Union and its charitable arm are teaming up with nonprofit charity partners to make wishes and dreams come true for dozens of Promise Heroes across the communities it serves. Surprise Wish Reveals, Dream Reveals and more will take place during credit union events and foundation-hosted fundraisers to bring joy, hope, and smiles to medically fragile children and their families.  “This year, we’re not just […] - [CD Valet Shares July CD Rate Analysis, Revealing 12-Month CDs are Currently Most Competitive](https://thecreditunionconnection.com/cd-valet-shares-july-cd-rate-analysis-revealing-12-month-cds-are-currently-most-competitive/): With potential Fed rate cuts ahead, FIs are leveraging the 12-month term to lock in deposits CD Valet today shared that from July 1-July 31, 2025, the 12-month CD saw the highest average increase at 41 (median increase was 20) basis points. The 12-month CD also had the highest average rate at 4.80% APY, when looking at the top 25 rates for each maturity. More CD Rates Falling Than Rising in July In its monthly Ratewatcher report, CD Valet analyzes its digital marketplace of over 30,000 retail CD rates, representing over 4,000 banks and credit unions, to uncover patterns and […] - [From Busy to Purposeful: Reclaiming the Role of the Strategic Leader
](https://thecreditunionconnection.com/from-busy-to-purposeful-reclaiming-the-role-of-the-strategic-leader/): By Corlinda Wooden, president, Wooden Consulting Across the country, credit union leaders are grappling with a persistent tension. On one hand, they are expected to lead bold strategic initiatives, grow membership, foster innovation, and develop talent. On the other hand, their daily schedules are dominated by operational urgencies, staffing challenges, shifting regulations, and member needs that often feel more immediate than long-term. The result? Many leaders find themselves constantly busy, yet not always purposeful. Their calendars are full, their days are packed, but time for reflection and long-range thinking remains elusive. The pace is nonstop, and despite all the activity, […] - [Digital Lending Gets Smarter: TruStage Modernizes Credit Union Lending Protection with Simplified, Real-Time Solution](https://thecreditunionconnection.com/digital-lending-gets-smarter-trustage-modernizes-credit-union-lending-protection-with-simplified-real-time-solution/): New digital enhancement allows borrowers to add payment protection directly into their loan application Today TruStage™ announced key enhancements to the digital lending process, simplifying the insurance experience for both the borrower and their credit union. The updated digital purchase solution gives customers the ability to opt-in to payment protection directly within their loan application, automatically integrating protection into loan documents. “According to recent data from TruStage, eight in 10 consumers are interested in protecting their loans, but more than half don’t recall being offered payment protection during the loan process,” said Corrin Maier, VP Lending Payment Protection at TruStage.1 “Similar […] - [Credit Union Leaders Gather for Southeast Regional Directors’ and Supervisory Committee Conference ](https://thecreditunionconnection.com/credit-union-leaders-gather-for-southeast-regional-directors-and-supervisory-committee-conference/): Credit union directors, supervisory committee members, and industry experts from across the Southeast convened at The Westin Savannah Harbor Golf Resort & Spa for the annual Southeast Regional Directors’ and Supervisory Committee Conference, hosted by The League of Credit Unions and held August 3 – 6. The multi-day event brought together 350 leaders to explore trends in governance, leadership, and credit union strategy.  Sponsored by TruStage and DDJ Myers, the conference featured an inspiring lineup of keynote speakers, breakout sessions, and networking opportunities designed to empower and educate credit union leadership teams.  “We were thrilled to welcome so many dedicated […] - [Learning That Pays Off: FCCU Foundation’s “Finance FUNdamentals” Series Teaches Kids Smart Money Habits](https://thecreditunionconnection.com/learning-that-pays-off-fccu-foundations-finance-fundamentals-series-teaches-kids-smart-money-habits/): Countless studies and surveys have reinforced that the summer learning “slide” — learning loss that can happen during long periods away from the classroom — is real. The FCCU Foundation launched Finance FUNdamentals to keep minds engaged and teach valuable life skills. As First Commerce Credit Union’s nonprofit subsidiary, the FCCU Foundation offers free financial literacy resources. “At First Commerce, we believe financial education is a powerful tool for unlocking potential,” said Cecilia Homison, CEO of First Commerce Credit Union. “Programs like this help us live our purpose—empowering people and transforming communities, one young learner at a time.” Throughout the […] - [One Nevada Promotes Steve O’Donnell to President/CEO](https://thecreditunionconnection.com/one-nevada-promotes-steve-odonnell-to-president-ceo/): One Nevada Credit Union recently promoted Steve O’Donnell to serve as its new President/Chief Executive Officer after long-time CEO Paul Parrish’s well-deserved retirement. He brings more than 25 years of industry experience to his new role. O’Donnell joined One Nevada in 1997 and has been instrumental in planning and directing the financial operations of the credit union ever since. Most recently, he served as Executive Vice President/Chief Operating Officer, assisting the former President/CEO in overall credit union leadership, executive, and administrative matters – an ideal training ground before transitioning into his current CEO position. “One Nevada is one of the […] - [LAFCU Accepting Donations Through Aug. 15 for Annual Back-to-School Supplies Drive](https://thecreditunionconnection.com/lafcu-accepting-donations-through-aug-15-for-annual-back-to-school-supplies-drive/): Fourth annual event to support students in multiple communities LAFCU is inviting the community to help mid-Michigan students start the school year strong by donating school supplies and hygiene products as part of the credit union’s fourth annual Back-to-School Extravaganza.  Donations are being accepted now through Friday, Aug. 15, at any of LAFCU’s 10 branch locations during regular business hours. Items collected will benefit K-12 students in Lansing and other nearby communities. A list of LAFCU branch locations can be found at www.lafcu.com/contact-us/locations/branch-locations.  “This drive is about more than just providing school supplies — it’s about giving kids the tools […] - [California Credit Union League Raises Over $5,500 for ‘CHOC Walk in the Park’](https://thecreditunionconnection.com/california-credit-union-league-raises-over-5500-for-choc-walk-in-the-park/): Association and Local Credit Unions Support Kids and Families Twenty-one California Credit Union League employees came together on Sunday with fellow volunteers, staff, and members of the credit union movement for the 2025 CHOC Walk In The Park at Disneyland, raising $5,531. This 5K initiative brings together supporters each year to raise funds for Children’s Hospital of Orange County’s (CHOC) mission of protecting and advancing the health and well-being of kids and families in need. In the weeks leading up to the walk, the League’s team worked hard volunteering their time and fundraising for the cause — all in representation of the […] - [Metallicus and DaLand Partner to Provide Regulated Stablecoin and Digital Asset Infrastructure to Financial Institutions](https://thecreditunionconnection.com/metallicus-and-daland-partner-to-provide-regulated-stablecoin-and-digital-asset-infrastructure-to-financial-institutions/): Metallicus today announced a strategic partnership with DaLand CUSO, The Next-Gen CUSO for keeping credit unions relevant to their core. This collaboration ensures credit unions and community banks can stay plugged into the future of money through seamless integration of stablecoins, Bitcoin, and digital asset services. The partnership combines Metallicus’ purpose-built blockchain infrastructure with DaLand’s proven Coin2Core TradFi/DeFi bridge, enabling financial institutions to securely service digital asset wealth directly from their existing core banking systems-supporting stablecoin issuance, self-custodied digital assets, and real-time settlement workflows. “Stablecoins are the foundation of modern financial infrastructure-bringing speed, programmability, and transparency to institutions of all sizes,” said Marshall […] - [Knoxville TVA Employees Credit Union Launches Mahalo Banking to Expand Digital Features](https://thecreditunionconnection.com/knoxville-tva-employees-credit-union-launches-mahalo-banking-to-expand-digital-features/): $4.8 billion financial leader leverages Mahalo for scalable digital growth and long‑term innovation Mahalo Banking today announced the successful launch of its platform with Knoxville TVA Employees Credit Union (‘Knoxville TVA’ – $4.8B in assets), Tennessee’s second largest credit union with more than 290k members. Mahalo’s online and mobile banking platform provides Knoxville TVA with a state-of-the-art solution, offering enhanced flexibility and modern banking functionality. Knoxville TVA sought a digital banking provider to support its rapid membership growth with an advanced platform and innovative feature set to meet member needs. “We had our member needs in mind when we selected Mahalo as our […] - [Wheelhouse Credit Union Promotes Becky Ramos-Arzola to Vice President/Chief Administrative Officer](https://thecreditunionconnection.com/wheelhouse-credit-union-promotes-becky-ramos-arzola-to-vice-president-chief-administrative-officer/): Wheelhouse Credit Union (Wheelhouse) is pleased to announce the promotion of Becky Ramos-Arzola to Vice President/Chief Administrative Officer. In this expanded leadership role, Ramos-Arzola will oversee Human Resources, Facilities, Learning & Development, and Risk & Compliance—ensuring seamless operations across these critical areas of the organization. With more than 28 years of service at Wheelhouse and over three decades of human resources leadership experience, Ramos-Arzola has made a lasting impact through her values-driven commitment to employee development, organizational culture, and operational excellence. She brings deep expertise in regulatory compliance, workforce planning, and strategic leadership in the financial services industry. “We are proud to recognize Becky’s extraordinary contributions and leadership […] - [The Defense Credit Union Council Welcomes Space Coast Credit Union to Membership](https://thecreditunionconnection.com/the-defense-credit-union-council-welcomes-space-coast-credit-union-to-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Space Coast Credit Union (SCCU) as its newest active member. Established in 1951 as Patrick Air Force Base Credit Union with just seven founding members and $372 in assets, SCCU has grown into Florida’s third-largest credit union. With nearly $9 billion in assets and a membership base exceeding 685,000, the credit union now operates 66 branches across 34 counties along Florida’s east coast—from Flagler to Miami-Dade. “Our foundation in military service is more than history, it’s part of our identity,” said Interim President/CEO of Space Coast Credit Union, Shane Hoyle. “Becoming part of DCUC […] - [Corporate Central Earns 2025 Great Place To Work Certification™](https://thecreditunionconnection.com/corporate-central-earns-2025-great-place-to-work-certification/): Corporate Central is proud to be Certified™ by Great Place To Work® for the first time. The prestigious award is based entirely on what current employees say about their experience working at Corporate Central. Among the employees who participated in the survey, 100% said it is a great place to work – a score that is 43 points higher than the average U.S. company. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.  “The Great Place To Work certification is a highly […] - [High Point Federal Credit Union Partners with Nuuvia to Reach Next-Generation of Member](https://thecreditunionconnection.com/high-point-federal-credit-union-partners-with-nuuvia-to-reach-next-generation-of-member/): Engaging members at an early age with a youth banking-specific program improves financial literacy and helps with future banking need Nuuvia, formerly Incent announced today Olean, N.Y.-based High Point Federal Credit Union (High Point, 22,000 members, >$400 million in assets under management) has selected its youth engagement platform.  High Point prides itself on providing its members with personal service and affordable products that meet every financial needs, no matter at what stage of life. The credit union wanted to attract the younger generation with the goal of building lifelong memberships. Providing hands-on, family-focused money management tools specifically tailored to help […] - [Affinity Foundation Announces 2025 Scholarship Winners](https://thecreditunionconnection.com/affinity-foundation-announces-2025-scholarship-winners/): Six New Jersey-based students were awarded scholarships to advance their college and career aspirations. The Affinity Foundation has announced the recipients of its 2025 higher education scholarship program. Since its founding in 2005, this initiative has supported student members of Affinity Federal Credit Union in their pursuit of two- or four-year degrees. Each spring, the Affinity Foundation evaluates applicants based on academic performance, community engagement, and local leadership. “It’s been a privilege to carry this program forward and engage with such exceptional students,” said Kelly Watts, Executive Director of the Affinity Foundation. “This year’s candidates truly inspired us with their academic achievements and deep […] - [G2 Risk Solutions and EverC Combine to Cement Global Reach and Set a New Standard for AI-Powered Merchant Risk Solutions](https://thecreditunionconnection.com/g2-risk-solutions-and-everc-combine-to-cement-global-reach-and-set-a-new-standard-for-ai-powered-merchant-risk-solutions/): Next phase of companies’ collective growth will solidify its position as market leaders in risk management, advancing the resilience of the global digital payments ecosystem G2 Risk Solutions (G2RS) and EverC today announced the signing of an agreement to combine, representing a significant advancement in the companies’ collective mission to defend global e-commerce from fast-evolving merchant and online marketplace threats. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. Since their founding, the companies have run on parallel tracks, mobilizing advanced technology and deep domain expertise to protect the global digital payments industry’s most influential […] - [USSFCU Launches Foundation to Promote Financial Education and Inclusion Across Communities](https://thecreditunionconnection.com/ussfcu-launches-foundation-to-promote-financial-education-and-inclusion-across-communities/): The United States Senate Federal Credit Union (USSFCU) proudly announces the launch of the USSFCU Foundation, a nonprofit 501(c)(3) organization dedicated to advancing financial literacy, wellness, and inclusion throughout the D.C. metro area and beyond. Founded in 2025, the USSFCU Foundation was created to meet a growing need for accessible financial education. From managing everyday expenses to understanding credit, the Foundation’s mission is to equip individuals with the tools and confidence needed to make informed financial decisions. “Financial literacy is a basic human right, not a privilege,” said James Ruley, President of the USSFCU Foundation. A credit union leader with […] - [First Community Trust Announces New Partnerships with Midland Credit Union and Des Moines Metro Credit Union](https://thecreditunionconnection.com/first-community-trust-announces-new-partnerships-with-midland-credit-union-and-des-moines-metro-credit-union/): First Community Trust, N.A. (FCT) has announced two new partnerships with Midland Credit Union and Des Moines Metro Credit Union. These collaborations will aim to provide investment management, retirement planning, and trust services to a broader range of central Iowans. FCT offers a range of services, including investment and retirement planning, financial and estate planning, primarily through credit unions, along with trust and estate administration. “This partnership with First Community Trust allows us to offer more to our members. Together, we are ensuring our members get trusted advice and support to help them plan for the future and protect what […] - [North Island Credit Union Launches Book Drive To Promote Childhood Literacy in Local Title 1 Schools](https://thecreditunionconnection.com/north-island-credit-union-launches-book-drive-to-promote-childhood-literacy-in-local-title-1-schools/): All Credit Union Branches Accepting Book Donations for San Diego Elementary School Students Throughout August For the fourth year, North Island Credit Union has launched a book drive to help ensure children in low-income households have access to books outside the classroom. The book drive is being conducted with ABC 10News as part of its “Storytime” childhood literacy campaign.  Through August 31, North Island Credit Union encourages community members to drop off new books to any of its branch locations in San Diego County. A complete list of North Island Credit Union locations is available here. Donated books should be new and appropriate for […] - [Reliant Donates Professional Clothing to EnCompass](https://thecreditunionconnection.com/reliant-donates-professional-clothing-to-encompass/): As part of a recent wellness initiative focused on mindfulness and decluttering, Reliant Credit Union employees donated gently used professional attire to benefit EnCompass, a Rochester-based organization that supports students and families as they prepare for the next step in their education or career journey. The clothing drive encouraged Reliant employees to clean out and donate gently used professional attire. The effort served dual purposes: helping employees declutter their spaces for mental wellness, while providing much-needed resources to individuals in the EnCompass community preparing for job interviews, college admissions, and professional opportunities. The result was a collection of more than […] - [Members ATM Alliance Steps Up to Support Credit Unions Amid ATM Industry Disruption](https://thecreditunionconnection.com/members-atm-alliance-steps-up-to-support-credit-unions-amid-atm-industry-disruption/): Members ATM Alliance (MAA), a LEVERAGE-managed CUSO, is pleased to announce the acquisition of ShareNet, Inc.’s operations and active contracts—further strengthening its commitment to delivering reliable ATM and ITM outsourcing services for credit unions nationwide. As disruption hit the ATM space, many credit unions were left without reliable service. In response, ShareNet founder Ray Davis—who had previously stepped away after the company’s sale—returned to restore operations when terminals across Florida, New York, Arizona, and New Mexico went dark. His efforts ensured continued service for credit unions and ultimately led to the transition of ShareNet’s operations to Members ATM Alliance. MAA provides […] - [PCT Federal Credit Union Announces Name Change to Cranberry Federal Credit Union](https://thecreditunionconnection.com/pct-federal-credit-union-announces-name-change-to-cranberry-federal-credit-union/): After over 60 years of proudly serving our community, PCT Federal Credit Union is excited to announce that we are officially changing our name to Cranberry Federal Credit Union, effective August 1, 2025. This exciting change celebrates both our legacy and our future. The cranberry is a proud symbol of our region — representing deep roots, resilience, and community — and we couldn’t imagine a better way to honor where we come from. As we turn the page on this next chapter, one thing remains unchanged: our commitment to harvesting financial success for each and every one of our members. […] - [TBA Credit Union Names Ming Mays Chief Innovation Officer](https://thecreditunionconnection.com/tba-credit-union-names-ming-mays-chief-innovation-officer/): TBA Credit Union (TBACU) has named Ming Mays as Chief Innovation Officer. This strategic appointment reflects TBACU’s commitment to forward-thinking leadership and continued excellence in technology and member service. Mays joined the TBACU team in November 2019 and has served as the IT Director, where she played a pivotal role in transforming the credit union’s technology infrastructure. Under her leadership, the IT Department has seen significant advancements in operational efficiency, cybersecurity, and digital member experience. Most recently, Mays completed CUNA Management School, further strengthening her leadership and strategic planning capabilities. In her new role, she will focus on driving innovation […] - [New TransUnion Analysis Finds 18 Million Auto Loan Borrowers Could Save Substantial Money by Refinancing Their Loans](https://thecreditunionconnection.com/new-transunion-analysis-finds-18-million-auto-loan-borrowers-could-save-substantial-money-by-refinancing-their-loans/): Refinancing offers savings potential and improved performance for lenders As inflation remains persistent and interest rates stay elevated, many consumers continue to face pressure on their household budgets—prompting a growing search for ways to improve monthly cash flow. New research from TransUnion (NYSE: TRU) reveals that auto loan refinancing may offer a meaningful path to savings for millions of consumers, while also presenting a valuable opportunity for lenders. Of the nearly 80 million open auto loans in the U.S., approximately 18 million are considered “in-the-money” for refinancing. This term refers to borrowers whose current loan rates exceed the prevailing average APR, making […] - [Robert Underwood Appointed CIO at Texas Trust Credit Union](https://thecreditunionconnection.com/robert-underwood-appointed-cio-at-texas-trust-credit-union/):  Robert Underwood, a 17-year veteran of Texas Trust Credit Union, has been promoted to CIO at the $2 billion financial cooperative. Moving into the CIO role after serving as Senior Vice President of IT Operations, Underwood will drive the credit union’s IT strategy to provide seamless, secure, and exceptional experiences for members. He will also continue to fortify Texas Trust’s cybersecurity and optimize the technology infrastructure to drive member loyalty, acquisition, and growth. Underwood has had clear impact in every role he has held at the credit union since he joined Texas Trust in the Marketing Department in 2008. He has positively […] - [“They Don’t Feel Seen” - Why Credit Unions Must Rethink Relationship Banking](https://thecreditunionconnection.com/they-dont-feel-seen-why-credit-unions-must-rethink-relationship-banking/): “How can someone feel unknown by the institution that holds their mortgage, their paycheck and their future?” That question hovers like a quiet alarm throughout this conversation between Sarah Snell Cooke and Scott Earwood, Head of the Community Banking Division at White Clay. Scott doesn’t just talk about credit unions, he challenges them. Armed with real research and years of experience, he points to a startling truth: 61% of people say they’ve never had a personal relationship with their primary financial institution. The conversation explores what it means to “feel seen” in an increasingly digital world, and whether credit unions, […] - [258,000 Jobs Disappear in July Jobs Report](https://thecreditunionconnection.com/july-jobs-report-credit-unions/): Raising Questions and Opportunities for Credit Unions Sarah Snell Cooke, Founder/CEO, The Credit Union Connection The U.S. labor market hit the brakes in July, delivering a disappointing jobs report that has many economists and policymakers reevaluating the state of the economy—and credit union executives should be doing the same. According to the Bureau of Labor Statistics, the economy added just 73,000 jobs last month, a far cry from the robust monthly gains seen in recent years. The bigger story, however, is the gargantuan downward revisions to the previous month’s figures. June’s job gains were slashed 90%, from 147,000 to 14,000, […] - [Summit Credit Union Remains Wisconsin’s #1 Mortgage Lender](https://thecreditunionconnection.com/summit-credit-union-remains-wisconsins-1-mortgage-lender-3/): Summit Credit Union is again the top mortgage lender in the state of Wisconsin, according to data collected under the Home Mortgage Disclosure Act (HMDA).* “Summit is honored to be Wisconsin’s number one mortgage lender once again – a recognition that reflects the trust of our members and the personalized guidance we provide every step of the way,” said Summit Credit Union CEO & President Kim Sponem. “Behind every mortgage is a family, a dream, a fresh start. We’re committed to making home ownership accessible and helping more people achieve their long-term financial goals.” In addition to holding the state […] - [UMassFive Earns Multiple “Best Of” Awards in Local Readers’ Polls](https://thecreditunionconnection.com/umassfive-earns-multiple-best-of-awards-in-local-readers-polls/): UMassFive College Federal Credit Union (UMassFive) is proud to announce that it has once again been recognized by the local community in two prominent local readers’ polls. The credit union was voted Best Credit Union in the Valley Advocate’s Best of the Valley Readers’ Poll for the 19th consecutive year, as well as Best Local Credit Union in the Daily Hampshire Gazette Readers’ Choice Poll for the 12th year in a row. In addition to these honors, UMassFive was also recognized in six additional categories by the readers of the Daily Hampshire Gazette, winning: Best Financial Planning/Wealth Management (6th year winning), Best Estate Planning Service (2nd year winning), Best Auto Loan Provider (4th consecutive year), Best Local Bank for […] - [Affinity Plus Foundation, Federal Home Loan Bank of Des Moines Award $100,000 to Empower Nonprofit Educators on Financial Literacy](https://thecreditunionconnection.com/affinity-plus-foundation-federal-home-loan-bank-of-des-moines-award-100000-to-empower-nonprofit-educators-on-financial-literacy/): Train the Trainer initiative will empower 300 nonprofit educators across Minnesota in the next three years The Affinity Plus Foundation, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), has awarded a $100,000 Member Impact Fund grant to LSS Financial Counseling, a service of Lutheran Social Service of Minnesota, to offer free Train the Trainer financial literacy workshops statewide to nonprofit professionals. This multi-year grant will equip 300 nonprofit professionals – including case workers, social workers and employment counselors – with tools and training to empower Minnesotans on the path to financial stability. “LSS Financial […] - [Redstone Surprises Smyrna Residents with Free Back-to-School Supplies](https://thecreditunionconnection.com/redstone-surprises-smyrna-residents-with-free-back-to-school-supplies/): One young student beamed with joy as she swapped out her plain water bottle for the colorful, name-brand version she really wanted while shopping with her mom. It was a small upgrade that made a big difference, thanks to Redstone Federal Credit Union’s Acts of Brightness campaign, which surprised local teachers and students with free school supplies. Employees of Redstone visited Smyrna’s local Walmart and Target to purchase school supplies during Tennessee’s tax-free weekend. Backpacks, pencils, notebooks, and other essentials were among the items purchased. Excited kids chose the items that suited them best. Parents, initially stunned, quickly joined in […] - [Georgia United Credit Union Announces CEO Transition Effective January 2026](https://thecreditunionconnection.com/georgia-united-credit-union-announces-ceo-transition-effective-january-2026/): Georgia United Credit Union today announced that Debbie Smith, Chief Executive Officer, will retire effective December 31, 2025, following more than a decade of transformative leadership. The organization also announced that Laura King, currently serving as President, has been appointed by the Board of Directors to succeed Smith as President and CEO upon her retirement. Since assuming the CEO role in 2013, Smith has guided Georgia United through a period of exceptional growth, expanding the credit union’s assets from $950 million to over $2 billion. A steadfast advocate for member service and community development, Smith has been instrumental in strengthening Georgia United’s mission and expanding its […] - [NCUA Issues Two Prohibition Orders and One Consent-Based Prohibition](https://thecreditunionconnection.com/ncua-issues-two-prohibition-orders-and-one-consent-based-prohibition/): The National Credit Union Administration issued one consent-based prohibition order and two prohibition notices in July 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Notice of Prohibition: Order of Prohibition: The NCUA, on occasion, issues administrative orders, which are formal, legally enforceable orders issued pursuant to Section 206 of the Federal Credit Union Act. Generally, the NCUA issues administrative orders when it finds that a credit union — or persons affiliated with a credit union — has violated a law, rule, or regulation; breached a fiduciary duty; or engaged […] - [Velera Named to Forbes’ America’s Best Employers for Women 2025 List](https://thecreditunionconnection.com/velera-named-to-forbes-americas-best-employers-for-women-2025-list/): Velera has announced it has been named to the Forbes list of America’s Best Employers for Women 2025. Velera is one of 700 companies included on the list, ranking in the top 40 of employers overall and second in the Banking and Financial Services industry. This marks the second consecutive year the company has been named to the list. Presented annually by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider, companies were selected based on data collected through online panels, encompassing responses from over 140,000 women working for companies and institutions in the U.S. with at […] - [LEVERAGE Welcomes Melissa Kopp as Chief Revenue Officer](https://thecreditunionconnection.com/leverage-welcomes-melissa-kopp-as-chief-revenue-officer/): LEVERAGE, the service corporation for The League of Credit Unions & Affiliates, is excited to announce Melissa Kopp as its new Chief Revenue Officer. In this role, Melissa will focus on driving the organization’s sales and marketing strategy—accelerating growth and enhancing the value delivered to credit unions across the movement. Melissa brings more than 24 years of experience in the payments, financial services, and fintech industries, with a strong background in enterprise sales, go-to-market strategy, and customer experience. She has held key leadership roles at organizations like FIS/Worldpay and most recently served as Executive Director of Client Experience at the […] - [Financial Center Announces CEO Retirement and Appointment of Interim Leadership](https://thecreditunionconnection.com/financial-center-announces-ceo-retirement-and-appointment-of-interim-leadership/): Financial Center First Credit Union announced today the planned retirement of President and CEO Cameron Minges, effective December 31, 2025. As part of a smooth leadership transition, the Board of Directors has appointed former CEO Kevin Ryan to serve as Interim President and CEO beginning August 11, 2025, while a national search for the next CEO is conducted. Minges, who has been with the organization for the last 12 years, has led the organization since 2022. He will continue to support the credit union in a strategic consulting role through the end of 2025. During his three-year CEO tenure, Minges’ […] - [DCUC 2025 Annual Conference: Day Three Recap](https://thecreditunionconnection.com/dcuc-2025-annual-conference-day-three-recap/): PALM DESERT, CA – The Defense Credit Union Council (DCUC) continued its 2025 Annual Conference at the JW Marriott Desert Springs Resort, with a full day of programming, including: award presentations, key insights, and critical conversations shaping the future of credit unions and the greater financial industry. Today’s agenda opened with one of DCUC’s founding conference traditions, the Patriotic Welcome Ceremony, led by Jack Fallis, DCUC Board Chair, President, PNW & International Markets, Global CU (AK).  Attendees were then energized by an inspiring keynote from Sage Steele—host of The Sage Steele Show and former ESPN SportsCenter anchor. Later, DCUC President/CEO […] - [Jammin' to CDs - They're Cool Again and This Is What Credit Unions Need to Know](https://thecreditunionconnection.com/jammin-to-cds-theyre-cool-again-and-this-is-what-credit-unions-need-to-know/): For years, CD/share certificates were dismissed as dated and boring compared to some of the more modern savings options today. But something unexpected is happening: CDs are back, and they’re hot as jalapeño’s armpit, especially among younger, digital-native savers. For example, in June, approximately 42% of CD rate changes were increases, despite the Federal Funds rate remaining unchanged during June’s Federal Open Market Committee (FOMC) meeting. And get this from CD Valet’s research of 30,000 CD across 4,000 financial institutions: The average credit union CD APY was approximately 17% higher than the average bank CD. Of the institutions that increased CD rates, approximately 58% were credit […] - [DCUC Presses Treasury for Study on Tax Avoidance by Subchapter S Banks](https://thecreditunionconnection.com/dcuc-presses-treasury-for-study-on-tax-avoidance-by-subchapter-s-banks/): DCUC just sent a prompt letter to Ken Kies, Assistant Secretary of the Treasury, urging the Treasury Department to conduct a comprehensive study into the implications of banks’ use of Subchapter S corporation status. In the letter, Jason Stverak, DCUC Chief Advocacy Officer, expressed concern that banks’ exploitation of Subchapter S status—originally designed for small businesses—is creating serious regulatory loopholes, competitive imbalances, and transparency gaps. Stverak noted that over 2,000 banks currently operate under this tax designation, avoiding federal corporate income tax and collectively saving an estimated $1.8 billion in 2022 alone. “Banks leveraging Subchapter S enjoy significant tax breaks with little […] - [evolve FCU | Social Purpose Community Outreach Event Summer Slam 2025](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-summer-slam-2025/): El Paso, TX evolve FCU hosted its second Social Purpose event of 2025. On Saturday, July 26thevolve FCU held, Summer Slam 2025, at the El Paso Chihuahuas. The Social Purpose partners included for this event were The Child Crisis Center, El Paso Children’s Miracle Network, Big Brothers Big Sisters, Lee & Beulah Moor Children’s Home, The Center Against Sexual and Family Violence, Candlelighters, and Make-A-Wish, respectively. The event was held at a private area where the organizations enjoyed hotdogs, soft drinks, snacks and an exciting baseball game between the El Paso Chihuahuas and the Sugar Land Space Cowboys, the Chihuahuas toppled the Cowboys […] - [SELCO Community Credit Union Named First Title Sponsor For Springfield's The Block Party](https://thecreditunionconnection.com/selco-community-credit-union-named-first-title-sponsor-for-springfields-the-block-party/): Now in its sixth year, The Block Party powered by SELCO returns to historic downtown Springfield on Friday, Sept. 5 SELCO Community Credit Union wants to party with its hometown. The Springfield-based credit union has been named the first-ever title sponsor for Springfield’s The Block Party powered by SELCO Community Credit Union, the event’s organizers and SELCO recently announced. Scheduled for Friday, Sept. 5, The Block Party powered by SELCO is designed to bring the community — whether that means Springfield specifically or Lane County as a whole — together to celebrate Springfield’s vibrant culture. The rapidly growing event has become […] - [Rize Credit Union and the YMCA of Metropolitan Los Angeles expand partnership to create safe, inclusive space for learning and growth](https://thecreditunionconnection.com/rize-credit-union-and-the-ymca-of-metropolitan-los-angeles-expand-partnership-to-create-safe-inclusive-space-for-learning-and-growth/): Rize Credit Union (Rize) and the YMCA of Metropolitan Los Angeles (LA Y) are proud to announce the expansion of their partnership through the launch of the Amigo Lounge at the Mid Valley Family YMCA Center in Van Nuys – a dedicated workspace designed to foster personal and professional success for the local community.  The Amigo Lounge provides a welcoming environment where community members can attend educational workshops hosted by Rize, focus on schoolwork, job searches, or simply be in a peaceful place to concentrate. This resource reflects a shared commitment to breaking down barriers and creating opportunities for the local […] - [PenFed Credit Union Finishes First Half of 2025 with Increased Earnings, Capital and Liquidity](https://thecreditunionconnection.com/penfed-credit-union-finishes-first-half-of-2025-with-increased-earnings-capital-and-liquidity/): One of America’s largest federal credit unions maintains over $3 billion in regulatory net worth.  PenFed Credit Union finished the first half of 2025 with increased earnings, capital and liquidity. PenFed also finished the second quarter with nearly 3 million members, $30 billion in assets and over $3 billion in regulatory net worth. “PenFed is proud to report it exceeded its goals for the first half of 2025. Compared to the first half of the prior year, year-to-date net income was $83.1 million versus $45.6 million, an increase of 82%; regulatory capital was 10.32% versus 9.57%, and liquidity increased from 12.5% to 14.5%,” said PenFed President and CEO James Schenck. “PenFed is […] - [Hope Credit Union to Merge with 1st Choice Credit Union](https://thecreditunionconnection.com/hope-credit-union-to-merge-with-1st-choice-credit-union/): Partnership brings prominent community development financial institution to the Peach State Hope Credit Union has agreed to merge with 1st Choice Credit Union in Atlanta. Hope Credit Union, with its affiliates, Hope Enterprise Corporation and Hope Policy Institute (collectively known as HOPE), combine to form one of the nation’s most impactful community development organizations and largest Black- and women-owned financial institutions. With approximately 8,600 members, $32 million in assets, and branches at Grady Hospital and in the historic Sweet Auburn Historic District, 1st Choice serves employees of the Grady Health System, and is affiliated with the Morehouse School of Medicine, Emory School of Medicine, Southside Health Care Inc., […] - [Eglin Federal Credit Union Donates $50,000 to Westonwood Ranch in Walton County for Technology Support](https://thecreditunionconnection.com/eglin-federal-credit-union-donates-50000-to-westonwood-ranch-in-walton-county-for-technology-support/): Eglin Federal Credit Union presented Westonwood Ranch in Walton County with a $50,000 check on Friday, July 25, 2025. The funding will support upgrades to Westonwood Ranch’s technology and communication systems, expanding learning opportunities for children and young adults with intellectual and developmental disabilities.  At the check presentation ceremony, Lindy Wood, founder and CEO of Westonwood Ranch, said, “With this $50,000 gift, we’re going to be able to invest in our technology here at Westonwood Ranch. To have a partnership like this with Eglin Federal Credit Union is incredible, and we are beaming with gratitude knowing we have a team we […] - [DCUC Applauds Bill Expanding Credit Union SBA Lending Authority & Bill to Strengthen Credit Union Liquidity Access](https://thecreditunionconnection.com/dcuc-applauds-bipartisan-bill-expanding-credit-union-sba-lending-authority/): The Defense Credit Union Council (DCUC) has announced its strong support for the Protecting Access to Credit for Small Businesses Act. The legislation would block the Small Business Administration (SBA) from becoming a direct lender, instead preserving the essential role of community-based financial institutions — including credit unions — in delivering small business loans to Main Street America. DCUC, the leading advocate for credit unions serving military and veteran communities, views the bill as a vital safeguard for America’s small business lending system and a direct win for military-connected entrepreneurs. “We are grateful to Senator Tim Scott and his colleagues […] - [DCUC’s Annual Conference Begins](https://thecreditunionconnection.com/dcucs-annual-conference-begins-2/): The Defense Credit Union Council’s (DCUC) Annual Conference is officially underway! Yesterday, DCUC welcomed attendees and guests to this year’s event at the beautiful JW Marriott Desert Springs Resort in Palm Desert, California.  To kick off the conference, participants were invited to compete in DCUC’s 2025 VADM Vincent Lascara Golf Tournament. DCUC’s annual golf tournament, sponsored by TruStage and Aries Fraud Solutions, continues a special tradition of camaraderie among credit unions while supporting DCUC’s 2025 Conference Charity of choice, Fisher House. This year’s golf tournament raised a total of $1255 through the purchase of mulligans and gimme strings. “Our Annual […] - [New Survey from Eleos Life Gives Insights on How Americans Feel About Credit Unions and What Services They Want Most](https://thecreditunionconnection.com/new-survey-from-eleos-life-gives-insights-on-how-americans-feel-about-credit-unions-and-what-services-they-want-most/): New survey shows members want better mobile experiences, more product options, and overall financial wellness from their credit unions. Eleos Life, a provider of embedded life and disability insurance, has just released a new report that dives into how Americans feel about their credit unions and what they’re hoping to see next. Based on a nationwide survey, the report uncovers insights straight from credit union members themselves, revealing both strong loyalty and a desire for more modern, personalized services. According to the data, 70.4% of respondents said they’d stick with their credit union over switching to a traditional bank, a clear sign that […] - [United Achieves SBA Preferred Lender Status and Strengthens Commitment to Small Businesses](https://thecreditunionconnection.com/united-achieves-sba-preferred-lender-status-and-strengthens-commitment-to-small-businesses/): United Federal Credit Union (United) is proud to announce that it has been named a Small Business Administration (SBA) Preferred Lender, a designation that recognizes the credit union’s expertise and commitment to helping small businesses succeed.  This prestigious status allows United to streamline the SBA loan process, offering faster decisions and more efficient service to business members. With over 150 years of combined SBA lending experience, United’s team of trusted SBA loan specialists is ready to help businesses grow, expand, and thrive.  United’s personalized, start-to-finish service sets its SBA lending team apart. From the first meeting through the entire loan process, […] - [TopLine Credit Union Foundation Raises Over $75,000 at 9th Lawn Bowling Fundraiser](https://thecreditunionconnection.com/topline-credit-union-foundation-raises-over-75000-at-9th-lawn-bowling-fundraiser/):  TopLine Credit Union Foundation, a 501(c)(30 non-profit organization of local member-owned financial cooperative TopLine Financial Credit Union, raised over $75,000 at a recent lawn bowling fundraising event with proceeds to benefit students with costs of higher education and community non-profit partners. The ninth TopLine Credit Union Foundation charitable event took place at Brookview Golf Course and Lawn Bowling in Golden Valley, Minnesota on Thursday, July 17th, a perfect Minnesota warm and sunny day, with over 160 attendees and 53 sponsoring organizations from across the U.S. that came together to enjoy lawn bowling, networking, live auction, silent auction and raffles, all to […] - [Partners 1st Federal Credit Union Focuses on Experience with the Promotion of Kelly Johns](https://thecreditunionconnection.com/partners-1st-federal-credit-union-focuses-on-experience-with-the-promotion-of-kelly-johns/): With the development of the Experience Department, many staff members at Partners 1st Federal Credit Union were recently promoted, with Kelly Johns leading the charge in her new position as Chief Experience Officer. “Creating the Chief Experience Officer role was a strategic move to place our members’ experiences at the center of everything we do. As our credit union continues to evolve, we need leadership that aligns our service, culture, and digital technology with the expectations of today’s members. We couldn’t have found a better fit than Kelly Johns. With her previous leadership experience within our organization, she brings a […] - [SchoolsFirst FCU Honors School Employees in Recognition Events Throughout California](https://thecreditunionconnection.com/schoolsfirst-fcu-honors-school-employees-in-recognition-events-throughout-california/):  SchoolsFirst Federal Credit Union, the largest credit union serving school employees and their families, recently recognized 30 school employees, representing various categories of non-certified, non-management employees across four California counties. Nine of these school employees were also named 2025 Classified Employee of the Year by the California Department of Education. “It’s a privilege to recognize the contributions of classified school employees for their dedication and leadership in their schools and communities,” said Josh Smith, vice president, school and community relations for SchoolsFirst FCU. “Classified employees are vital to ensuring daily education operations run smoothly and are often unsung heroes behind the scenes providing […] - [Premier Financial Credit Union Selects Mahalo Banking to Power Digital Banking Scalability](https://thecreditunionconnection.com/premier-financial-credit-union-selects-mahalo-banking-to-power-digital-banking-scalability/): ~ New digital banking platform will enhance functionality and position credit union for long-term growth ~ Premier Financial Credit Union (‘Premier Financial’) has chosen Mahalo Banking as its new digital banking partner, marking a strategic investment in the modernization of its member experience. The partnership underscores Premier Financials’ focus to deliver a flexible, intuitive, and future-ready digital platform that empowers members through self-service capabilities. The selection of Mahalo followed a comprehensive strategic review of digital providers, with Premier Financial focused on identifying a platform that could deliver third-party fintech integrations, continuous feature innovations, and a member-centric experience. Mahalo stood out […] - [Merger Membership Vote Approval](https://thecreditunionconnection.com/merger-membership-vote-approval/): Meritrust Credit Union’s (Meritrust) membership voted in favor of the proposed merger with Premier Members Credit Union (PMCU), Broomfield, Colorado, following a successful membership vote which concluded on July 28, 2025.   This significant decision marks a new chapter for both institutions, poised to enhance value to both memberships and expand their reach within their communities. The merger between Meritrust and PMCU will be effective on August 1, 2025, and the combined credit union will proudly serve over 200,000 members with 33 branch locations across communities in Kansas and Colorado, with 650 employees and nearly $4 billion in assets.  Meritrust CEO James […] - [Backbone Coalition Expands as Credit Unions Across the Country Join Effort to Inform and Empower Consumers](https://thecreditunionconnection.com/backbone-coalition-expands-as-credit-unions-across-the-country-join-effort-to-inform-and-empower-consumers/): Backbone — a nationwide coalition aimed at highlighting credit unions’ essential role in empowering people and serving communities — has experienced surging growth in recent weeks, adding new members from across the spectrum of the credit union movement.  The coalition now boasts 23 members, touching every region of the country and underscoring the value of collaboration in sharing the industry’s story with the American people. Among the coalition’s new members are Washington-based BECU, West Virginia-based Element FCU, Wright-Patt Credit Union, Inc. in Ohio, and Tarrant County’s Credit Union in Texas.  “The strength of our movement lies in our collaboration and cooperation,” […] - [Family Trust Federal Credit Union Has Been Named the Best Credit Union in South Carolina by Forbes](https://thecreditunionconnection.com/family-trust-federal-credit-union-has-been-named-the-best-credit-union-in-south-carolina-by-forbes/): Continuing its recognition as an award-winning financial institution, Family Trust Federal Credit Union (Family Trust) announced that it has been named the Best-In-State Credit Union in South Carolina by Forbes. The recognition accompanies the credit union’s position on Newsweek’s 2025 list of America’s Best Regional Banks and Credit Unions and its top (5-star) rating from BauerFinancial for the 28th consecutive quarter. To identify the best credit unions in each state, Forbes partnered with Statista to survey 26,000 U.S. consumers on financial institutions based on trust, customer service, digital tools, financial advice and fee transparency. Additionally, Forbes analyzed over 500,000 online reviews from February 2022 through March 2025. The survey […] - [Fitch Upgrades PenFed Auto Loan Securitizations Due to Strong Performance](https://thecreditunionconnection.com/fitch-upgrades-penfed-auto-loan-securitizations-due-to-strong-performance-2/): Fitch Global Ratings upgraded ratings on one class and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2024-A. PenFed Credit Union received notable upgrades from Fitch on the ratings of the bonds issued through its prime auto loan securitization offering PenFed Auto Receivables Owner Trust 2024-A (PNFED 2024-A) due to strong performance. Fitch Ratings has affirmed the class A notes and upgraded the class B notes in PenFed Auto Receivables Owner Trust 2024-A. Fitch also affirmed the class C and D notes and revised the Rating Outlooks to Positive from Stable. The rating actions reflect available credit […] - [Clutch Launches Fastlane: Real-Time Loan Decisioning and Fulfillment to Accelerate Credit Union Growth](https://thecreditunionconnection.com/clutch-launches-fastlane-real-time-loan-decisioning-and-fulfillment-to-accelerate-credit-union-growth/): Clutch is thrilled to announce the general availability of Fastlane, a real-time loan decisioning and fulfillment engine that helps credit unions convert more applications into funded loans, automatically. Built to eliminate bottlenecks between application submission and disbursement, Fastlane is part of Clutch’s broader mission to equip credit unions with the digital infrastructure needed to compete with today’s fintechs. By automating key parts of the lending journey, decisioning, step-up verifications, fulfillment, and LOS routing, Fastlane drives higher look-to-book, lower cost to serve, and a dramatically faster member experience. “If the loan qualifies, we send it ready to fund, right to the LOS, then and there. No […] - [Black Dragon Capital℠ Enters Technology-Focused Strategic Partnership with WSECU](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-enters-technology-focused-strategic-partnership-with-wsecu/): One of the Largest Credit Unions in Washington Partners with Multi-Phased Investment Firm to Explore Innovative FinTech Solutions Beneficial to Credit Unions Black Dragon Capital℠ (“Black Dragon”) — a multi-phased global investment partner which focuses on advanced technology that addresses the most significant issues industries face — has formed a new strategic partnership with Washington State Employees Credit Union (“WSECU”), one of the largest credit unions in the state of Washington.  Black Dragon Capital℠ was founded over a decade ago by recognized financial technology leaders focused on bringing innovative technologies to high-growth industry segments affected by digital disruption. A collaborative team leads the […] - [America’s Credit Union Museum Launches “A Labor of Love” National Day of Giving to Support New Exhibit Honoring the Movement’s Unsung Heroes](https://thecreditunionconnection.com/americas-credit-union-museum-launches-a-labor-of-love-national-day-of-giving-to-support-new-exhibit-honoring-the-movements-unsung-heroes/): This Labor Day season, America’s Credit Union Museum is calling on credit union leaders, members, and supporters nationwide to join A Labor of Love: A Day of Giving on Wednesday, August 27, 2025—a national campaign to honor the everyday people who built the credit union movement from the ground up. From mill workers and farmers, to teachers and shopkeepers, the credit union movement was born from a powerful idea: that financial institutions should serve people, not profit. This year’s giving day both celebrates that legacy and lays the groundwork for the Museum’s newest  permanent exhibit, Woven in History: A Tapestry […] - [Patriot Federal Credit Union Taps Scienaptic AI for Smarter Fraud and Anomaly Detection](https://thecreditunionconnection.com/patriot-federal-credit-union-taps-scienaptic-ai-for-smarter-fraud-and-anomaly-detection/): Scienaptic AI, has announced that Patriot Federal Credit Union has selected its platform to enhance real-time fraud and anomaly detection to tackle the challenges of identity theft and synthetic identity fraud. With the help of Scienaptic AI platform, Patriot Federal Credit Union aims to deploy a deeply integrated fraud and loan underwriting engine. This integrated engine aggregates multiple data sources and deploys cutting-edge machine learning and anomaly detection algorithms to create a powerful signal to detect fraud. Early detection of fraud is already yielding significant savings in losses for Scienaptic clients. “Fraud is fast-moving and increasingly complex, especially with synthetic identities becoming […] - [The Human Side of AI: Why Credit Unions Are Embracing the Future](https://thecreditunionconnection.com/the-human-side-of-ai-why-credit-unions-are-embracing-the-future/): “I don’t think AI is going anywhere. It’s not a fad. It’s really going to become an infrastructural shift,” declares Emily Osburn, a consultant at Cornerstone Advisors. This powerful statement cuts through the noise surrounding artificial intelligence, reframing it not as a passing trend, but as a foundational change for businesses, particularly within the credit union community. The question is no longer if AI will impact your organization, but how you will harness its potential. The human side of AI is equally important as the technology. This insightful discussion, featuring Sarah Snell Cooke, host of The Credit Union Connection, alongside […] - [Keesler Federal Sponsors LSU Athletics](https://thecreditunionconnection.com/keesler-federal-sponsors-lsu-athletics/): Keesler Federal Dons the Purple and Gold and Becomes “Proud Partner of LSU Athletics” Keesler Federal Credit Union has signed a sponsorship agreement with SEC powerhouse LSU to become a “Proud Partner of LSU Athletics” beginning in the upcoming football season. The five-year sponsorship agreement covers all LSU sports including football, basketball, baseball, and women’s gymnastics through 2029. The agreement comes as Keesler Federal greatly expands its Louisiana footprint with its merger with Jefferson Financial Federal Credit Union.  The merger is the largest credit union merger in Louisiana and Mississippi history. Keesler Federal will add 14 branch locations stretching from New Orleans to Baton Rouge once the merger is completed in March 2026, “We are proud […] - [Kids-N-Hope Foundation Raises Over $12,500 During its Summer Bingo Event](https://thecreditunionconnection.com/kids-n-hope-foundation-raises-over-12500-during-its-summer-bingo-event/): Fundraising Efforts Support Local Pediatric Health and Life Services The Kids-N-Hope Foundation (“The Foundation”) raised over $12,500 during this month’s Purse & Power Tool Bingo event. 200 attendees enjoyed a night full of bingo, raffles, and time with friends and family all while supporting the Foundation’s mission to fund music therapy programs and other child life services for local hospitals and not-for-profit organizations. Attendees played twenty rounds of bingo in total, for a variety of designer purse and power tool prizes. So far in 2025, The Foundation has raised more than $25,500 through its Purse & Power Tool Bingo events. […] - [USALLIANCE Financial Selected to Receive Designation of Savings Excellence Award by National Savings Program Annual Campaign](https://thecreditunionconnection.com/usalliance-financial-selected-to-receive-designation-of-savings-excellence-award-by-national-savings-program-annual-campaign/): USAlliance Federal Credit Union (dba USALLIANCE Financial) is proud to announce it has been selected as a 2025 America Saves Week Designation of Savings Excellence (DOSE) award winner. This award is an honor explicitly reserved for organizations that effectively and actively promote saving strategies during the annual America Saves Week campaign.   USALLIANCE Financial is one of 25 financial institutions honored with this distinction, out of more than 5,000 participating organizations of America Saves Week, which took place April 7 – 11, 2025 as part of Financial Literacy Month.   “We are proud to celebrate the financial institutions awarded the 2025 Designation […] - [Redwood Credit Union Grant to Good Farm Fund Expands Access to Fresh, Healthy Food](https://thecreditunionconnection.com/redwood-credit-union-grant-to-good-farm-fund-expands-access-to-fresh-healthy-food/): Redwood Credit Union (RCU) is helping bring fresh, local food to more tables through a $10,000 grant to the Good Farm Fund, reinforcing RCU’s commitment to strengthening local economies and increasing food access across the communities it serves. RCU’s longstanding partnership with Good Farm Fund supports the economic viability of small farms in Lake and Mendocino counties. By financially empowering local farmers, RCU ensures that the benefits of sustainable agriculture are accessible to those who need it most. This funding is part of RCU’s broader mission to create social impact by aligning its core business with community investment. “We are very fortunate to […] - [Nook Launches HubSpot Core System Integration Offering for Credit Unions](https://thecreditunionconnection.com/nook-launches-hubspot-core-system-integration-offering-for-credit-unions/): Nook is launching a new data integration offering designed to connect credit union core systems directly with HubSpot. This represents a major leap forward in enabling credit unions to unlock the full power of HubSpot’s CRM, automation, and AI capabilities. “Historically, core system integration has been one of the biggest barriers preventing credit unions from adopting modern marketing and CRM platforms like HubSpot,” said Austin Wentzlaff, Founder & CEO of Nook. “With this new integration, we’re eliminating that friction and empowering credit unions to finally act on their data—intelligently, securely, and at scale.” The new offering will leverage a proprietary […] - [First Harvest Credit Union Hosts 21 Students from Camden Future Bankers Camp 2025](https://thecreditunionconnection.com/first-harvest-credit-union-hosts-21-students-from-camden-future-bankers-camp-2025/): Local High School Students Gain Real-World Experience, Credit Union Knowledge, & Practical Skills First Harvest Credit Union (“First Harvest”) hosted 21 students from the Camden School District’s Future Bankers & Financial Professionals Camp. These on-site learning opportunities, hosted by various financial institutions, invite Southern New Jersey students to step beyond the classroom to experience a hands-on approach to a professional future in the financial industry. The Future Bankers and Financial Professionals Camp aims to cultivate the talent of high-achieving, minority high school juniors and seniors by providing them with opportunities to enhance their careers in financial services. The program helps to instill college […] - [Credit Unions Announce New Hires; SELCO Community CU VP Named a Finalist for Eugene Chamber of Commerce’s Women Business Leader Award](https://thecreditunionconnection.com/credit-unions-announce-new-hires-selco-community-cu-vp-named-a-finalist-for-eugene-chamber-of-commerces-women-business-leader-award/): Several credit unions, including O Bee Credit Union and OC Federal Credit Union, announced new additions to their teams, and a VP from SELCO Community Credit Union was named a finalist for the Eugene Chamber of Commerce’s 2025 Women Business Leader Award. New Hires: Recognitions: Promotions: - [NCUA Board Briefed on Artificial Intelligence, Post Exam Survey Results, and the Central Liquidity Fund](https://thecreditunionconnection.com/ncua-board-briefed-on-artificial-intelligence-post-exam-survey-results-and-the-central-liquidity-fund/): The National Credit Union Administration Board held its fourth open meeting of 2025 and received briefings on artificial intelligence, the Office of the Ombudsman’s post exam survey results, and the NCUA’s Central Liquidity Facility (CLF). Artificial Intelligence The NCUA Board received a briefing on artificial intelligence (AI) from Amanda Parkhill, Acting Director of the Office of Examinations and Insurance and Amber Gravius, Director of the Office of Business Innovation and the Acting Chief Information Officer. The briefing discussed known use cases for AI within the credit union industry, NCUA.gov’s new AI resource page for credit unions, and how AI may […] - [North Island Credit Union Provides Back-to-School Backpacks & Supplies to the Boys & Girls Clubs of Greater San Diego](https://thecreditunionconnection.com/north-island-credit-union-provides-back-to-school-backpacks-supplies-to-the-boys-girls-clubs-of-greater-san-diego/): Organizations Partner For the Fifth Year to Support Local Students North Island Credit Union has partnered with the Boys & Girls Clubs of Greater San Diego to make the new school year a little bit easier for hundreds of Club kids and their families. In the fifth year of the partnership, the credit union recently provided more than 275 backpacks with school supplies to the Boys & Girls Clubs of Greater San Diego as part of its annual Back 2 School Drive.  “We’re proud to continue our partnership with the Boys & Girls Clubs of Greater San Diego for the fifth year through our annual […] - [FourLeaf Federal Credit Union Honors Leaders Who Are Shaping Tomorrow: The 2025 Visionary Award Winners](https://thecreditunionconnection.com/fourleaf-federal-credit-union-honors-leaders-who-are-shaping-tomorrow-the-2025-visionary-award-winners/): Awards Presented at the ReImagine Conference — An Event Celebrating Women Driving Change and Shattering Barriers Five exceptional women were recently honored with Visionary Awards, presented by FourLeaf Federal Credit Union, in recognition of their bold leadership, innovative spirit, and lasting impact across industries and communities. The awards were presented at the 2025 ReImagine Conference, an annual gathering that celebrates transformation, purpose, and equity in business. Shining a spotlight on the vital role women play in society and in the workplace, each award honoree exemplifies a visionary path — from entrepreneurial grit to community uplift, and from corporate innovation to […] - [Whitefish Credit Union Announces Field of Membership Expansion](https://thecreditunionconnection.com/whitefish-credit-union-announces-field-of-membership-expansion/): Whitefish Credit Union announced today that it has received approval from the Division of Banking and Financial Institutions of the State of Montana for its request to expand the organization’s field of membership to include 16 additional Montana counties. Effective immediately, Whitefish Credit Union membership is now open to individuals and businesses who live, work, operate, own property, worship, participate in an association, or attend school in counties covering the greater Billings, Butte, and Great Falls areas. Prior to this expansion, Whitefish CU’s field of membership included the greater northwest Montana region, as well as the Missoula, Helena, and Bozeman […] - [Apiture Launches Real-Time Payments for Community Banks and Credit Unions](https://thecreditunionconnection.com/apiture-launches-real-time-payments-for-community-banks-and-credit-unions/): New payment option enables Apiture clients to offer instant payments through RTP® and FedNow® Apiture has announced the availability of real-time payment capabilities for its community bank and credit union clients. With this enhancement, Apiture clients can enable their consumer and business account holders to send and receive payments instantly, 24/7/365, through The Clearing House’s RTP® network and the Federal Reserve’s FedNow®Service. As demand for faster, more reliable payment experiences continues to grow, real-time payments adoption is steadily increasing, especially among businesses. Over half of American companies were already using RTP and FedNow in 2024, according to a study from U.S. Bank, with […] - [Heritage NOLA Bancorp, Inc., Heritage Bank of St. Tammany and OnPath FCU Sign an Agreement for the Acquisition of the Assets of Heritage Bank](https://thecreditunionconnection.com/heritage-nola-bancorp-inc-heritage-bank-of-st-tammany-and-onpath-fcu-sign-an-agreement-for-the-acquisition-of-the-assets-of-heritage-bank/): Heritage NOLA Bancorp, Inc., the holding company for Heritage Bank of St. Tammany, Heritage Bank and OnPath Federal Credit Union announced today that OnPath Credit Union, Heritage NOLA Bancorp and Heritage Bank have signed a definitive purchase and assumption agreement whereby OnPath Credit Union will acquire substantially all of the assets and assume substantially all of the liabilities (including all of the deposit account liabilities) of Heritage Bank in an all-cash transaction (the “P&A Transaction”). As consideration for the P&A Transaction, OnPath Credit Union has agreed to pay Heritage Bank $26,000,000 in cash and will additionally reimburse Heritage Bank up to $2,000,000 for the payout of […] - [How Velera Cracked the Gen Z Code and What Credit Unions Can Learn From It](https://thecreditunionconnection.com/how-velera-cracked-the-gen-z-code-and-what-credit-unions-can-learn-from-it/): Velera didn’t stumble into being named one of America’s Greatest Workplaces for Gen Z; it was the result of intentional culture-building. When Sarah Snell Cooke sat down with Chief People Officer Cheryl Middleton Jones and Chief Culture Officer Michael Summers, it quickly became clear: this isn’t a company dabbling in generational trends. It’s redesigning its entire employee experience with Gen Z in mind, from internships and early wage access to embedding purpose and belonging at the heart of the business. Cheryl and Michael don’t operate in silos. Their partnership is foundational to Velera’s strategy, blending people-first HR practices with culture […] - [Why the NCUA Board Lawsuit Is Like Ross & Rachel: Will they or won't they?](https://thecreditunionconnection.com/ncua-board-lawsuit-is-like-ross-rachel-will-they-or-wont-they/): What happens when the President of the United States fires independent federal agency board members and they fight back? That’s the legal showdown unfolding between two former NCUA Board members and the Trump Administration. It’s a case that could send shockwaves well beyond the credit union industry. In this revealing interview, The Credit Union Connection Founder/CEO Sarah Snell Cooke sits down with Henry Meier, Esq., to unpack what’s really at stake. If you’ve followed credit union policy, you know Henry as one of the most respected legal minds in the space. And if you haven’t? Now’s the time to start […] - [Greylock Federal to host first Wealth Builders Youth SummerFest Aug. 4-9](https://thecreditunionconnection.com/greylock-federal-to-host-first-wealth-builders-youth-summerfest-aug-4-9/): Greylock Federal Credit Union will be hosting its first Wealth Builders Youth SummerFest, beginning Monday, Aug. 4 through Saturday, Aug. 9. Youth SummerFest will feature three events in Berkshire County. All events are free and open to the public. This year’s series of events is part of the credit union’s rebranding of offerings for its younger members.  “We’re really excited about the first-ever Greylock Wealth Builders Youth SummerFest because it directly ties into our reimagined engagement with our younger members, those who are up to the age of 22,” said Roberta McCulloch-Dews, vice president, Marketing. “We specifically call this group […] - [Gemineye Announces First Winner of Their Client Development Award](https://thecreditunionconnection.com/gemineye-announces-first-winner-of-their-client-development-award/): P1FCU innovative report showing branch operational activities at the teller level steals the show Gemineye is delighted to announce the winner of their first ever Client Developer Award. This award represents the very best in data analytics application and innovative solutions to financial services’ pain points. The award was given to P1FCU, led by Annie Stuart (pictured), Senior Business Intelligence Analyst at the $2.2B, Lewiston, Idaho-based credit union. P1FCU has grown tremendously over the past decade and is now a financial leader in the Western Idaho region.  The Gemineye Client Developer Award is based on several criteria, including innovation and […] - [Indiana Members Credit Union Contributes $1,053 To Franklin Township Education Foundation ](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-1053-to-franklin-township-education-foundation/): Indiana Members Credit Union (IMCU) recently presented a check for $1,053 to the Franklin Township Education Foundation, which supports Franklin Township Schools, as part of an ongoing school spirit debit card program. The partnership allows Franklin Township School District supporters the opportunity to show their school spirit and support the foundation by signing up for a Franklin Township Education Foundation debit card. Every time the card is used as a signature based transaction, Franklin Township Education Foundation benefits. The more cards that are in use, the larger the contribution. Since beginning the program in 2013, Franklin Township Education Foundation has […] - [Incent Rebrands as Nuuvia, Ushering in New Era of Intelligent Lifecycle Banking](https://thecreditunionconnection.com/incent-rebrands-as-nuuvia-ushering-in-new-era-of-intelligent-lifecycle-banking/): New brand reflects broader mission to empower community financial institutions with digital tools to forge lifelong relationships, across every generation, life stage Incent announced a strategic rebrand to Nuuvia™. The new name reflects the company’s expanded mission to provide a full lifecycle engagement platform for community financial institutions. The new brand identity marks a significant milestone in the company’s evolution from a youth-centric digital banking platform to a more comprehensive, lifecycle engagement platform. Building on years of success, Nuuvia, which means new path, is focused on helping community financial institutions remain relevant in an increasingly competitive market by strengthening relationships at […] - [Atomic Credit Union and PrimeWay Federal Credit Union Launch Alkami's HubSpot Integration to Power Data-Driven Engagements](https://thecreditunionconnection.com/atomic-credit-union-and-primeway-federal-credit-union-launch-alkamis-hubspot-integration-to-power-data-driven-engagements/): By linking behavioral insights with automated outreach, the integration enables institutions to save time, deliver more relevant experiences, increase efficiency, and drive stronger campaign outcomes Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced a powerful new integration between its Full Funnel Marketing (including Customer Insights & Marketing Automation) solution and HubSpot, the customer platform for scaling businesses. As a HubSpot solutions partner, Alkami enables financial institutions to orchestrate deeply personalized, data-driven engagement strategies that drive measurable marketing return on investment. Powered by Alkami’s proprietary data science, Data Insights identifies account holders’ lifestyle, financial behavior, and engagement patterns—creating precise, actionable segments that can be synced […] - [Executive Presence Is Overrated. Here’s What Real Leadership Looks Like.](https://thecreditunionconnection.com/executive-presence-is-overrated-heres-what-real-leadership-looks-like/): Jackie Brown, Founder, Shifting Success You’ve heard the whispers, maybe even a performance review carries the news: But let’s be honest, the path to executive presence is foggy. The signs pointing to leadership are outdated: owning the room, sitting in the best seat at the table, changing the pitch of your voice, wearing the navy suit and glad-handing the go-getters. It’s time to ditch the vague and staid. Staff, members, heck – the industry – are all craving authentic leaders who lean into their strengths, claim their convictions and connect with a humanity those navy suits have never been able to […] - [Tower Federal Credit Union Welcomes Cassandra Compton as New Senior VP & Chief Experience Officer](https://thecreditunionconnection.com/tower-federal-credit-union-welcomes-cassandra-compton-as-new-senior-vp-chief-experience-officer/): Cassandra Compton, Tower’s new Senior Vice President and Chief Experience Officer, brings to the credit union over three decades of leadership in the banking, mortgage, and financial services industry, with a strong background in growth strategies and customer relations, and a passion for supporting our nation’s military and Veterans. Tower Federal Credit Union is pleased to announce the hiring of Cassandra Compton as new Senior Vice President and Chief Experience Officer (SVP/CXO). She brings to Tower over 30 years of leadership experience in the banking, mortgage, and financial services industry.  As SVP/CXO, Compton oversees all aspects of Tower’s member experience, […] - [Unlocking a Source of Charitable Giving Capital for Your Credit Union](https://thecreditunionconnection.com/unlocking-a-source-of-charitable-giving-capital-for-your-credit-union/): By Mike Hales, founder, CUinfluential Your credit union is deeply invested in the communities you serve. Providing highly competitive and accessible financial services is your core business. But it doesn’t stop there. Strategic charitable giving is a powerful tool that separates credit unions from other financial institutions. Charitable giving can take the form of specific contributions, promotion of financial literacy, community engagement by supporting local community projects and initiatives and educational scholarships. These are a few of the tools credit unions use to strengthen their position as foundations of financial stability. Strategic charitable giving: Of course, these and similar initiatives cost […] - [28 Credit Unions Celebrate 25th Anniversary of Annual Golf Tournament, Raise Over $2.1 Million for Children's Miracle Network Hospitals](https://thecreditunionconnection.com/28-credit-unions-celebrate-25th-anniversary-of-annual-golf-tournament-raise-over-2-1-million-for-childrens-miracle-network-hospitals/): First Tech Federal Credit Union (First Tech) marked the 25th anniversary of the Credit Unions for Kids (CU4Kids) Northwest Classic golf tournament, uniting First Tech employees and members, credit unions, and business leaders nationwide to raise $2,134,809 in support of children and families receiving care at Children’s Miracle Network Hospitals (CMN Hospitals). Over the last 25 years, the CU4Kids Northwest Classic has grown into one of the largest credit union-sponsored events benefiting CU4Kids and ranks among the top five fundraising contributors supporting CMN Hospitals. Through combined efforts from the annual tournament and year-round campaigns, credit unions have raised over $200 million since inception. These funds play a critical role in […] - [Cooperative Credit Union Association Partnership with SRM Brings Advisory and Technology Benefits to Member Credit Unions](https://thecreditunionconnection.com/cooperative-credit-union-association-partnership-with-srm-brings-advisory-and-technology-benefits-to-member-credit-unions/): The Cooperative Credit Union Association (CCUA) proudly announces a strategic partnership with SRM, an independent advisory firm that has generated more than $10 billion in savings for their clients over the past three decades. SRM has a long-standing history of serving credit unions across the New England and Mid-Atlantic regions – many of which are members of the CCUA. With a deep understanding of the local credit union landscape, SRM brings regional insight and national expertise to every engagement. Through the partnership, CCUA member credit unions gain preferred access to SRM’s full portfolio of offerings, including: Recognized nationwide as a trusted […] - [How SECU (Md.) and MANTL Crack the Code for Digital Account Opening](https://thecreditunionconnection.com/digital-account-opening-credit-unions-mantl-alkami/): “We’re not just investing in technology. We’re investing in member experience, employee efficiency and long-term growth.” That was the tone set early by Jason Reimer, Executive Vice President and Chief Infrastructure and Experience Officer at SECU of Maryland, during a conversation that pulls back the curtain on what real digital transformation looks like inside a credit union. This isn’t just about new platforms or flashy tools. It’s about eliminating friction, catching up with evolving expectations, and future-proofing the member journey. In a conversation moderated by The Credit Union Connection’s Sarah Snell Cooke, Jason joins MANTL Co-founder Nathaniel Harley to dig […] - [San Francisco Federal Credit Union to Acquire Summit Bank in East Bay, California](https://thecreditunionconnection.com/san-francisco-federal-credit-union-to-acquire-summit-bank-in-east-bay-california/): San Francisco Federal Credit Union will acquire Summit Bank’s three branches in Oakland, Emeryville, and Walnut Creek, enhancing services and access for new and existing customers. San Francisco Federal Credit Union and Summit Bank jointly announced today that they have entered into a definitive agreement whereby San Francisco Federal Credit Union will purchase substantially all the assets and liabilities of Summit Bank in an all-cash transaction. This strategic move, the second of its kind in California, strengthens San Francisco Federal Credit Union’s ability to provide financial solutions for individuals and families, expands commercial services for all member businesses, and increases […] - [DCUC Issues Support of Employee Paycheck and Small Business Protection Act, Applauds Rep. Maxine Waters for Introducing American Access to Banking Act, and Launches National Ad Campaign in Punchbowl News](https://thecreditunionconnection.com/dcuc-issues-support-of-employee-paycheck-and-small-business-protection-act-applauds-rep-maxine-waters-for-introducing-american-access-to-banking-act-and-launches-national-ad-campaign-in-punchbowl-n/): The Defense Credit Union Council (DCUC) has expressed its support for H.R. 4551, the Employee Paycheck and Small Business Protection Act, in a letter to House Financial Services Committee Ranking Member Maxine Waters. This legislation addresses long-standing gaps in deposit insurance coverage for business accounts and ensures credit union parity during financial emergencies.  “We commend Representative Waters and committee members for their leadership in introducing this legislation,” says Jason Stverak, DCUC Chief Advocacy Officer. “H.R. 4551 offers timely, prudent reforms to modernize deposit insurance, protect small businesses and their employees, and strengthen confidence in community-based financial institutions.”  DCUC’s letter notated […] - [‘WCMS Innovators Challenge’ Elevates Student Learning & Drive to Lead Change](https://thecreditunionconnection.com/wcms-innovators-challenge-elevates-student-learning-drive-to-lead-change/): Competition’s Diana Dykstra Innovation Prize Bolsters Commitment to Forward-Thinking Leadership Western Credit Union Management School (WCMS) proudly hosted its annual WCMS Innovators Challenge on July 21st during the school’s 65th annual session. This dynamic event is the latest iteration of the school’s decades-long dedication to fostering groundbreaking leadership within the credit union movement. Since its inception in 2021, this immersive, full-day event has served as a pivotal capstone of the school’s rigorous two-week credit union leadership curriculum. It has become an indispensable cornerstone of professional development for credit union executives and managers across the Western United States, equipping them with the tools […] - [TTCU Launches Project School Supplies](https://thecreditunionconnection.com/ttcu-launches-project-school-supplies/): TTCU Federal Credit Union has launched its 24th annual Project School Supplies campaign to help ease the burden of back-to-school costs, now averaging $858 per family, according to the National Retail Federation. The drive, which runs through August 29, collects new school supplies and monetary donations at all TTCU branches across northeastern and central Oklahoma.  “This is about making sure every student starts the school year with confidence,” said TTCU President and CEO Shelby Beil. “Our members and employees step up year after year to support teachers and families, and it’s a cause that’s close to our heart—we were founded […] - [Associated Credit Union Announces CEO C. Lin Hodges to Retire After 46-Year Career](https://thecreditunionconnection.com/associated-credit-union-announces-ceo-c-lin-hodges-to-retire-after-46-year-career/): Current VP & CFO Timothy G. Bridges to ascend to the CEO position in July 2026 Associated Credit Union (ACU) announced that C. Lin Hodges, President and Chief Executive Officer, plans to retire in July 2026 after a distinguished 46-year career with the organization, including 18 years as its CEO. The ACU Board of Directors has named Timothy G. Bridges, Executive Vice President and Chief Financial Officer, as President, effective immediately. With more than 34 years of leadership in financial and business operations, Bridges brings extensive expertise and a proven track record of guiding growth, strategy, and operational excellence. Upon […] - [PenFed Credit Union Introduces Mobile Cash Deposit at Participating Retail Stores](https://thecreditunionconnection.com/penfed-credit-union-introduces-mobile-cash-deposit-at-participating-retail-stores/): Partnership with InComm Payments allows PenFed members to make cash deposits where they shop with the mobile app  PenFed Credit Union is partnering with InComm Payments to offer members mobile cash deposits at participating retail stores including Dollar General®, Walgreens, Kroger®, participating 7-Eleven® locations and many more. Using the PenFed Mobile App, checking account members can generate a one-time use barcode, show it to the cashier to scan and complete a cash deposit transaction. “PenFed is excited to offer our 2.9 million members the convenience of banking where they shop in tens of thousands of retail locations in all 50 states, Puerto Ricoand U.S. Virgin […] - [Illuma Named 2025 Shark Tank Winner at VISION Conference](https://thecreditunionconnection.com/illuma-named-2025-shark-tank-winner-at-vision-conference/): The League of Credit Unions & Affiliates recently recognized Illuma as the winner of the third annual Shark Tank competition, held Tuesday, August 19, during the VISION Conference at The Grand Hotel Golf Resort & Spa in Point Clear, Alabama. “We’re honored to be selected as this year’s Shark Tank winner and grateful for the opportunity to share our solution with such a forward-thinking audience,” said Amy Travers, Vice President of Sales at Illuma. “We look forward to collaborating with credit unions to drive real impact and elevate the member experience.” This year’s Shark Tank, sponsored by Corporate One Federal Credit Union, […] - [Credit Unions Fuel Fresh Start for Ukrainian Veterans](https://thecreditunionconnection.com/credit-unions-fuel-fresh-start-for-ukrainian-veterans/): $157,000 in loans already helping military veterans and families rebuild businesses and lives Worldwide Foundation for Credit Unions (WFCU), in partnership with World Council of Credit Unions (WOCCU), today announced promising results from a targeted loan program launched in early 2025 to support Ukrainian veterans and their families. Funded by WFCU’s Ukrainian Credit Union Displacement Fund, the program enables four participating Ukrainian credit unions to offer affordable, tailored financial support to veterans and military families rebuilding their lives and businesses amid the ongoing war. Through the first six months of 2025, participating credit unions: “This initiative is a powerful example of […] - [The NCUA Launches Webpage Providing Resources on Artificial Intelligence](https://thecreditunionconnection.com/the-ncua-launches-webpage-providing-resources-on-artificial-intelligence/): The National Credit Union Administration (NCUA) launched a webpage on ncua.gov that provides credit unions with resources related to the use of Artificial Intelligence (AI). The page was created to assist credit unions as they adopt innovative AI technology and may be useful in evaluating the distinct AI-related challenges. The NCUA supports credit unions as they evaluate, implement, and appropriately manage AI technologies. The new webpage provides resources on risk management considerations specific to AI, which may help credit unions make informed decisions when implementing AI or partnering with AI service providers. The resources on the webpage address key areas […] - [Illinois Credit Union Act Modernized: Governor Signs ICUL-backed Bill into Law](https://thecreditunionconnection.com/illinois-credit-union-act-modernized-governor-signs-icul-backed-bill-into-law/): The Illinois Credit Union League (ICUL) is proud to announce that its proposed amendments to the Illinois Credit Union Act (Senate Bill 1994 have been signed into law by Governor Pritzker, enacting important, member-focused updates that will strengthen the operating environment for credit unions across Illinois.  The enactment of SB 1994 follows extensive advocacy by ICUL’s team in Springfield, working in close collaboration with state legislators and regulatory partners to ensure the Act evolves alongside the needs of today’s credit unions and the communities they serve.  “These changes reflect our ongoing commitment to modernizing the statutory framework under which Illinois […] - [Kinective Acquires ESQ Data Solutions, Extending Platform to Include Comprehensive Cash Device Management Capabilities](https://thecreditunionconnection.com/kinective-acquires-esq-data-solutions-extending-platform-to-include-comprehensive-cash-device-management-capabilities/): Acquisition extends Kinective’s Banking Operations Platform to monitor and manage all cash devices across financial institutions, from branch to ATM to ITM Kinective today announced its acquisition of ESQ Data Solutions (ESQ), a leading provider of enterprise-grade ATM and self-service device management solutions. The acquisition extends Kinective’s comprehensive Banking Operations Platform—which unifies branch automation, document workflow, secure connectivity and data intelligence—to now include complete cash device management. The addition creates the industry’s only banking operations solution that encompasses every critical operational touchpoint from branch to digital channels to cash ecosystem monitoring and management. With ESQ’s proven technology currently monitoring nearly 1 million […] - [Nation’s Leading Banking and Credit Union Associations Urge Congress: Keep Durbin-Marshall Interchange Amendments Out of National Defense Bill](https://thecreditunionconnection.com/nations-leading-banking-and-credit-union-associations-urge-congress-keep-durbin-marshall-interchange-amendments-out-of-national-defense-bill/): In a unified call to action, the nation’s leading banking and credit union trade associations have urged Congress to reject the Durbin-Marshall interchange legislation—formally known as the Credit Card Competition Act—and a related “commissary interchange” study amendment from the Fiscal Year 2026 National Defense Authorization Act (NDAA).  In a letter sent today to Majority Leader Thune, Minority Leader Schumer, Speaker Johnson, and Minority Leader Jeffries, the coalition — including the American Bankers Association, America’s Credit Unions, Association of Military Banks of America, Bank Policy Institute, Consumer Bankers Association, Defense Credit Union Council, Electronic Payments Coalition, and Independent Community Bankers of […] - [DCUC and Strategic Partner, Allied Solutions, Join Together Credit Union CEOs to Advance Northeast Regional Impact](https://thecreditunionconnection.com/dcuc-and-strategic-partner-allied-solutions-join-together-credit-union-ceos-to-advance-northeast-regional-impact/): The Defense Credit Union Council (DCUC) and DCUC Strategic Partner, Allied Solutions, recently joined over a dozen credit union CEOs from NY, NJ & PA for a regional luncheon—sparking plans for a DCUC “Interstate” Sub-Council. The special event offered credit unions from across the Northeast a new opportunity to collaborate on key priorities and challenges, reinforcing their shared commitment to advancing the credit union mission and strengthening the impact on members and local communities. “DCUC continues to press forward in ensuring stronger representation for our members nationally, overseas, and, as this luncheon signifies, regionally,” said Anthony Hernandez, DCUC President/CEO. “Together with our strategic partners, we’re […] - [Unitus Community Credit Union President and CEO Steven Stapp Honored with 2025 Renée Sattiewhite Neoteric Changemaker Award](https://thecreditunionconnection.com/unitus-community-credit-union-president-and-ceo-steven-stapp-honored-with-2025-renee-sattiewhite-neoteric-changemaker-award/): National recognition presented at CU Leadership Convention in Las Vegas Unitus Community Credit Union is proud to announce that President and CEO, Steven Stapp, has been named the 2025 recipient of the Renée Sattiewhite Neoteric Changemaker Award. The honor was presented at the 48th CU Leadership Convention in Las Vegas. The national award recognizes leaders who advance the credit union movement through bold action, innovative thinking, and purpose-driven leadership. Named after Renée Sattiewhite, President/CEO of the African-American Credit Union Coalition (AACUC) and the first recipient of the award, it celebrates trailblazers who embody the true spirit of “people helping people” while inspiring […] - [Eltropy Platform Now Integrates with Over 50 Core Systems and Essential Fintech Solutions ](https://thecreditunionconnection.com/eltropy-platform-now-integrates-with-over-50-core-systems-and-essential-fintech-solutions/): Expansive integration ecosystem boosts operational efficiency and member experience for community financial institutions while eliminating vendor complexity Eltropy today announced that its unified offering, Eltropy One Platform, now features over 50 integrations with essential systems used by credit unions and community banks. This expanded ecosystem equips CFIs to boost operational efficiency and deliver more valuable experiences for their members and customers. Eltropy One Platform integrates with popular Core, Loan Origination System (LOS), Account Opening System (AOS), Collections, Customer Relationship Management (CRM), Payments, Artificial Intelligence (AI), Unified Communications as a Service (UCaaS), and Contact Center as a Service (CCaaS) providers. These […] - [New CUES Governance Toolkit Equips CUs to Lead with Confidence and Clarity](https://thecreditunionconnection.com/new-cues-governance-toolkit-equips-cus-to-lead-with-confidence-and-clarity/): CUES is proud to introduce CUES Governance Toolkit, a self-paced, five-part learning series designed to elevate credit union governance through practical, expert-led resources. “Strong credit union governance is more than compliance; it’s key to building member trust, navigating regulatory change and enabling growth and stability,” said Dawn Abely, CUES SVP/Chief Sales & Member Relations Officer. “CUES Governance Toolkit equips credit union boards with the strategic insights and practical tools they need to lead with confidence—directly strengthening their ability to serve their communities and achieve their strategic goals.” CUES Governance Toolkit is free to Unlimited+ members and available for purchase for nonmembers […] - [United Helps Marion Kids Gear Up for School with $1K Donation](https://thecreditunionconnection.com/united-helps-marion-kids-gear-up-for-school-with-1k-donation/): United Federal Credit Union (United) proudly supported Logos Christian Ministries’annual Back-to-School Extravaganza with a $1,000 donation to help provide essential school supplies for students in grades K–8. The event, held on Saturday, August 9, brought together families from across Marion for a day of celebration, community, and preparation for the new school year.  The Back-to-School Extravaganza featured free school supplies, games and activities, food, haircuts, giveaways, bounce houses, and more, ensuring every child left with the tools and confidence to start the school year strong.  “We were honored to support Logos Christian Ministries and their incredible work in our community,” said […] - [CSI to Acquire Apiture, Integrating Premier Business and Consumer Digital Banking Capabilities into Unified Platform](https://thecreditunionconnection.com/csi-to-acquire-apiture-integrating-premier-business-and-consumer-digital-banking-capabilities-into-unified-platform/): The acquisition will enable CSI to power every stage of the account holder lifecycle, including core banking, digital banking, customer engagement and lending CSI announced today it has entered into a definitive agreement to acquire Apiture, an award-winning provider of digital banking solutions to U.S. financial institutions. With solutions across lending, deposits and digital engagement, CSI and Apiture will deliver an integrated ecosystem of scalable technologies for financial institutions, regardless of their core provider. Through enhanced data and analytics capabilities, financial institutions can better personalize their customers’ digital experiences and empower them with proactive financial guidance, thereby deepening relationships and engagement. “Apiture and […] - [Homebase Federal Credit Union Launches Mahalo Banking Platform Amid Core Upgrade to Transform Member Experience](https://thecreditunionconnection.com/homebase-federal-credit-union-launches-mahalo-banking-platform-amid-core-upgrade-to-transform-member-experience/): Coordinated rollout of new core and digital banking platform marks milestone in credit union’s innovation journey Homebase Federal Credit Union (‘Homebase FCU’) has launched its new digital banking platform powered by Mahalo Banking, introducing an enhanced, secure, and accessible experience for its members. The rollout was completed in tandem with a major core conversion to Corelation KeyStone, marking the launch as one of the credit union’s most significant technology undertakings to date. The implementation included the simultaneous launch of Online Banking and Online Account Applications, with Mahalo providing collaborative and highly organized support throughout the process to minimize disruption for […] - [LGE Community Credit Union Named a 2025 AJC Top Workplace](https://thecreditunionconnection.com/lge-community-credit-union-named-a-2025-ajc-top-workplace/): LGE Community Credit Union is proud to announce that it has been recognized as a Top Workplace by The Atlanta Journal-Constitution (AJC) for the tenth time.  The AJC Top Workplaces award is based solely on employee feedback gathered through a third-party survey administered by Energage, LLC. The confidential survey measures the employee experience and its component themes, including employees feeling “respected and supported,” “enabled to grow,” and “empowered to execute.” “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO. “That’s something to be proud […] - [Governor presents Century Award to Indiana League](https://thecreditunionconnection.com/governor-presents-century-award-to-indiana-league/): The Indiana Credit Union League has been recognized for a century of service to credit unions. The League celebrates its 100th anniversary this year and received the Century Award from Indiana Governor Mike Braun at a Statehouse ceremony to mark this milestone. The Indiana League was the Midwest’s first credit union association, founded on Oct. 9, 1925. “It’s a testament to the member-focused, purpose-driven mission of Indiana’s credit unions that we can celebrate 100 years as their association this year,” said League President John McKenzie. “This milestone is an achievement made possible because of today’s 126 member-owned, not-for-profit Indiana credit unions […] - [How BIG AI Helps Utah Community Credit Union Pull Off a Merger-Tech Conversion in Record Time](https://thecreditunionconnection.com/ai-helps-utah-community-credit-union-merger/): “Five months. That’s all it took. And the first question everyone asked was: how?” When Sarah Snell Cooke, founder/CEO of The Credit Union Connection, sat down with John Best, founder of Best Innovation Group, and Utah Community Credit Union CIO Matt Wilson, the conversation quickly moved from introductions to the jaw-dropping pace of the technology conversion during a merger that typically takes twice as long. The merger-conversion of Utah Community Credit Union and TransWest Credit Union wasn’t just fast; it was unusually smooth, with technology and people working in lockstep, according to Matt and John. But as John revealed, the […] - [Gesa Credit Union Expands Longstanding Partnership with Pasco School District Through Two New Affinity Debit Cards](https://thecreditunionconnection.com/gesa-credit-union-expands-longstanding-partnership-with-pasco-school-district-through-two-new-affinity-debit-cards/): The two co-branded Affinity Debit Cards will help raise funds for the newly opened Sageview and Orion High Schools Gesa today announced the launch of two new co-branded Affinity Debit Cards to support the Pasco School District. With every swipe, Gesa members will help raise funds that directly benefit Sageview High School and Orion High School. “We’re thrilled to expand our partnership with Gesa Credit Union to include new Affinity Debit Cards for Sageview and Orion High Schools,” said Michelle Whitney, Superintendent of Pasco School District. “As these two new schools open their doors for the first time, this program […] - [Redstone Federal Credit Union Announces 2025 Community Champions](https://thecreditunionconnection.com/redstone-federal-credit-union-announces-2025-community-champions/): Redstone Federal Credit Union is proud to shine a light on five individuals who are making a meaningful difference in their communities and introduce them as its 2025 Community Champions. Now in its third year, the credit union’s Community Champions program celebrates everyday heroes in North Alabama and Middle Tennessee who inspire change and uplift those around them. The 2025 Community Champions are: The program builds on Redstone’s founding values. Just as 11 members each contributed $5 in 1946 to uplift others, Redstone values bringing attention to these unsung heroes. The exposure leads to donations, more awareness, and helps them […] - [MCUL Partners with Pulsate to Help Credit Unions Drive Digital Growth](https://thecreditunionconnection.com/mcul-partners-with-pulsate-to-help-credit-unions-drive-digital-growth/): The Michigan Credit Union League (MCUL) has announced its partnership with Pulsate, the intelligent member engagement platform built for credit unions. This collaboration will provide credit unions with advanced tools to personalize digital interactions and deepen member relationships across online and mobile banking channels. Through this partnership, Pulsate’s Opportunities Engine™, a platform that uses real-time member behavior to find impactful growth opportunities, will be brought to more credit unions. The solution helps credit unions identify and connect with members through targeted messaging delivered directly within their digital banking platforms. “MCUL knows that credit unions are always looking for ways to […] - [Chartway Named One of the 2025 Best Credit Unions to Work For by American Banker for Fourth Year Running](https://thecreditunionconnection.com/chartway-named-one-of-the-2025-best-credit-unions-to-work-for-by-american-banker-for-fourth-year-running/): Press release courtesy of Best Companies Group Chartway Credit Union is proud to announce it has been named one of the 2025 Best Credit Unions to Work For and will be recognized by the national publication, American Banker, for this honor. This annual program, established by Best Companies Group—a research firm that surveys companies to provide valuable feedback on recruitment and retention—was created to identify, recognize, and honor the best employers on workplace culture and business influence. “Our team members are the foundation of everything we do at Chartway,” said Brian Schools, president & CEO of Chartway Credit Union. “Their commitment to our culture, […] - [NCUA Seeks Credit Union Input at Town Hall on September 9](https://thecreditunionconnection.com/ncua-seeks-credit-union-input-at-town-hall-on-september-9/): The National Credit Union Administration (NCUA) will host a Strategic Plan Town Hall on Tuesday, September 9 starting at 2 p.m. Eastern. The event invites credit union industry stakeholders to provide input on the NCUA Strategic Plan and the upcoming priorities of the agency. Online registration for the town hall is now open. “This town hall is an opportunity to bring the entities we insure and regulate into our strategic planning process” said Chairman Kyle Hauptman. “We understand that input from diverse sets of stakeholders is essential to supporting our work to ensure the safety and soundness of credit unions […] - [Telhio Credit Union Raises $56,000 for Ronald McDonald House at Ohio State Fair](https://thecreditunionconnection.com/telhio-credit-union-raises-56000-for-ronald-mcdonald-house-at-ohio-state-fair/): Telhio Credit Union ventured out of the office and into the show ring on July 30 as part of the 5th Annual Ronald McDonald House Charities Celebrity Steer Show. The event is a collaboration between RMHC, Telhio, The Ohio State University College of Food, Agriculture, and Environmental Sciences, and the Ohio Cattleman’s Association to raise funds for families and children staying at the Ronald McDonald House of Central Ohio. Between peer-to-peer giving, an online auction, and sales of the steers bid on by public donors, an unprecedented total of $322,000 was raised. Hosted at the Voinovich Livestock and Trade Center at […] - [Consumers Credit Union and Nothing Bundt Cakes Host Record-Breaking Cake Walk to Benefit Special Olympics Michigan and be nice.](https://thecreditunionconnection.com/consumers-credit-union-and-nothing-bundt-cakes-host-record-breaking-cake-walk-to-benefit-special-olympics-michigan-and-be-nice/): Consumers Credit Union is once again teaming up with Nothing Bundt Cakes to host a record-breaking cake walk with a powerful purpose. On Saturday, September 6, 2025, from 10:00 a.m. to 1:00 p.m., the community is invited to the newly completed Special Olympics Michigan campus to help raise funds for two vital organizations: Special Olympics Michigan and the Mental Health Foundation of West Michigan’s be nice. program. The event will feature family-friendly fun reminiscent of a classic penny carnival, with music, games, food trucks, inflatables and activities for all ages. The event will take place on the Consumers Credit Union track at the Unified Sports and […] - [Serving “Aging in Place” Senior Homeowners with Financing](https://thecreditunionconnection.com/serving-aging-in-place-senior-homeowners-with-financing/): Michael Needham, Chief Content Officer. Finturf Moving is a pain at any age. It’s no surprise that 75% of Americans over 50 want to remain in their current homes, according to AARP. As we age, homes often require modifications to remain safe. These aren’t luxury remodels, but common-sense fixes, like: These types of fixes save lives and prevent accidents. Falls are the leading cause of injury for adults 65 and older, with roughly one in four older adults reporting a fall each year. Practical modifications help reduce that risk. Credit unions can meet this need with straightforward financing for accessibility upgrades. […] - [First Service Credit Union Launches Bongo Youth Account](https://thecreditunionconnection.com/first-service-credit-union-launches-bongo-youth-account/): With Nintendo Switch 2 Giveaway Just in Time for Back-to-School First Service Credit Union is thrilled to announce the launch of Bongo Youth Accounts, a dynamic new offering designed to help young members build smart money habits early in life. Just in time for the back-to-school season, the launch is paired with a limited-time Nintendo Switch 2 giveaway, combining financial education with family fun. Created with children and their parents in mind, the Bongo Youth Account offers an engaging way for young members to learn the basics of banking and financial wellness. It features kid-friendly tools and resources to help […] - [Gesa Credit Union Boosts Local Education with Nearly $440,000 in Donations to Schools Across the Pacific Northwest](https://thecreditunionconnection.com/gesa-credit-union-boosts-local-education-with-nearly-440000-in-donations-to-schools-across-the-pacific-northwest/): Gesa today announced it has awarded nearly $440,000 in funds through its Affinity Debit Card program to 31 partner school districts across the Pacific Northwest. This marks the program’s largest annual giveback since its launch in 2015.  In eastern Washington, 21 schools and districts were awarded more than $310,000, including: College Place School District, Columbia Basin College Foundation, Columbia School District, Delta High School, Eastmont School District, Finley School District, Heritage University, Kennewick School District, Kiona-Benton City School District, Liberty Christian School, Naches Valley School District, Pasco School District, Prosser School District, Richland School District, St. Patrick Catholic School, Tri-Cities […] - [First Service Credit Union Opens New Sugar Land Branch with Grand Slam Celebration](https://thecreditunionconnection.com/first-service-credit-union-opens-new-sugar-land-branch-with-grand-slam-celebration/): First Service Credit Union (FSCU), the Official Credit Union of the Sugar Land Space Cowboys, is thrilled to announce the grand opening of its newest Sugar Land branch, located at 3601 Hwy 6, Sugar Land, TX 77478. The community is invited to join the celebration on Saturday, August 16, 2025, from 9 a.m. to 1 p.m., for a fun-filled event the whole family will enjoy. The exciting Grand Opening Celebration will include a special appearance by Orion, the beloved Sugar Land Space Cowboys mascot and a meet and greet with Space Cowboys player, Kenedy Corona. Guests can enjoy ballpark-style snacks, participate in family-friendly games and activities, and take […] - [GoWest Credit Union Association Announces Finalists for 2025 MAXX Awards](https://thecreditunionconnection.com/gowest-credit-union-association-announces-finalists-for-2025-maxx-awards/): Celebrating the Stories and Impact of Main Street’s Financial Champions GoWest Credit Union Association is proud to announce the finalists for the 2025 MAXX Awards, which honor credit unions across the region that have made significant contributions to the development and growth of the Movement. These awards celebrate the incredible ways credit unions serve their members and employees, uplift local communities, and live out the mission of “People Helping People” on which the Credit Union Movement was founded. From collaborative housing initiatives to life-changing member service, this year’s finalists exemplify the Credit Union Difference: where impact is measured in lives improved, […] - [Addition Financial Credit Union Adds Zelle® To its Mobile App and Online Banking Offering](https://thecreditunionconnection.com/addition-financial-credit-union-adds-zelle-to-its-mobile-app-and-online-banking-offering/): Today, Addition Financial Credit Union announced that Zelle®, the person-to-person payment network that reaches more than 150 million enrolled user accounts in America, is now live in both its online banking experience and mobile app, offering convenient digital payments to its more than 190,000 members. “Addition Financial continues to deliver cutting-edge digital banking tools that make our members’ financial lives easier and more convenient,” said Kevin Wright, Chief Information Officer at Addition Financial Credit Union. “Launching Zelle® within our new Lumin powered digital platform ensures our members can send and receive money quickly and securely – while still taking advantage of ever-evolving tools […] - [Support EXP Launches “Beyond the Score” to Help Financial Institutions Spot Risks Hidden Behind Good CX Scores](https://thecreditunionconnection.com/support-exp-launches-beyond-the-score-to-help-financial-institutions-spot-risks-hidden-behind-good-cx-scores/): Many banks and credit unions rely on customer metrics like NPS, CSAT, and CES to track loyalty. But without the context of customer comments and sentiment, leaders can miss early-warning signs of attrition hidden behind positive scores. To tackle this problem, Support EXP today announced its new “Beyond the Score” brand and methodology, designed to help financial institutions pair traditional CX measurement with authentic voice-of-the-customer analysis. The approach reveals hidden risks, prioritizes action, and helps leaders protect customer relationships before it’s too late. “Numbers are signals, not the full story,” says Rhonda Sheets, Founder and CEO of Support EXP. “Without the context of […] - [Park Community Credit Union Recognized for Transformative Impact Across Kentucky and Southern Indiana](https://thecreditunionconnection.com/park-community-credit-union-recognized-for-transformative-impact-across-kentucky-and-southern-indiana/): Park Community Credit Union has been recognized with three distinguished awards at the Kentucky Credit Union League’s Vision Conference Awards Banquet, honoring its outstanding commitment to financial education, social responsibility, and community outreach across Kentucky and Southern Indiana. Park received the following honors: Together, these awards reflect more than recognition, they represent the lived values and everyday actions that define Park’s mission: to build thriving communities together through financial inclusion and by empowering underserved communities. Park’s work spans nearly 3000 volunteer hours, over 1000 hours of financial education delivered so far in 2025, and initiatives reaching thousands across Kentucky and Southern Indiana. Through partnerships with […] - [America’s Credit Unions Responds to Misleading Claims About Credit Union Growth ](https://thecreditunionconnection.com/americas-credit-unions-responds-to-misleading-claims-about-credit-union-growth/): The recent article in The Banker mischaracterizes the purpose and impact of credit union growth, ignoring the clear and measurable benefits delivered to millions of Americans.  Credit unions remain true to their mission: democratically governed, not-for-profit financial cooperatives that return earnings to members through better rates, lower fees, and community investment. Structure and service – not size – defines credit unions. Expansion — whether through mergers, acquisitions, or new branches — is driven by member benefit, not institutional self-interest. When community banks close or sell, credit unions often step in to preserve local access, keep staff in place, and offer […] - [US Bankruptcy Filings Increased in July](https://thecreditunionconnection.com/us-bankruptcy-filings-increased-in-july/): Consumer filings are up nearly 7% from June 2025, but commercial filings jumped 20% New monthly bankruptcy data from G2 Risk Solutions (G2RS) shows total July 2025 consumer and commercial filings increased 7.25% from June 2025. Total consumer filings reached 48,275 in July. Commercial filings for July 2025 were 1,324. G2RS provides bankruptcy management services to US lenders and creditors in the majority of cases filed.  As compared to a year ago, consumer filings in July 2025 grew 10.85% year-over-year (YoY). G2RS analysts note that severe delinquencies—accounts 90 or more days past due—are rising across consumer credit, auto, and mortgage lending categories, with […] - [Q2 Announces Dual Listing on NYSE Texas](https://thecreditunionconnection.com/q2-announces-dual-listing-on-nyse-texas/): Q2 Holdings, Inc. (NYSE: QTWO) today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange based in Dallas, Texas. Q2 will continue to maintain its primary listing on the New York Stock exchange and trade under the symbol QTWO on both exchanges. The listing will be effective on August 15, 2025. “Texas has always been home for Q2,” said Q2 Chairman and CEO Matt Flake. “Our dual listing on NYSE Texas is a natural extension of our commitment to this community, where so many of our team members, customers, and partners […] - [Cooley Law School Partners with Collegiate and AlumniFi to Empower Financial Success for Students and Alumni](https://thecreditunionconnection.com/cooley-law-school-partners-with-collegiate-and-alumnifi-to-empower-financial-success-for-students-and-alumni/): Cooley Law School today announced a new partnership with Collegiate and AlumniFi, two digital-first financial brands powered by MSU Federal Credit Union (MSUFCU), to support students and alumni in building financial wellness at every stage of their journey. This partnership reflects Cooley’s deep commitment to delivering a comprehensive, real-world experience that not only supports students through law school but continues to provide resources and tools for their success long after graduation. “At Cooley, we aim to equip our students with more than just legal knowledge — we want to give them every opportunity to succeed in life and in practice,” […] - [boost.ai Named a Leader in 2025 Gartner® Magic Quadrant™ for Conversational AI Platforms](https://thecreditunionconnection.com/boost-ai-named-a-leader-in-2025-gartner-magic-quadrant-for-conversational-ai-platforms/): Boost.ai Positioned as a Leader for its Ability to Execute and Completeness of Vision Boost.ai today announced it has been recognized as a Leader by Gartner in the 2025 Magic Quadrant for Conversational AI Platforms. Boost.ai has been recognized in this Magic Quadrant by Gartner for its “Ability to Execute” and “Completeness of Vision”. The report states that “Gartner defines conversational AI platforms (CAIPs) as SaaS products that primarily enable the development of applications simulating human conversation across multiple channels and media”. As AI adoption accelerates, the market is seeing a clear shift in customer expectations toward higher-quality self-service and interactions. While enterprises […] - [Finovate Announces Industry-Leading Speakers for FinovateFall 2025](https://thecreditunionconnection.com/finovate-announces-industry-leading-speakers-for-finovatefall-2025/): Finovate today announced its slate of speakers for FinovateFall 2025, taking place September 8-10 at the Marriott Marquis Times Square in New York City. As the leading event where fintech innovators and banking decision-makers connect, FinovateFall is set to welcome more than 2,000 senior-level attendees, including over 1,000 executives from banks, credit unions, and investment firms. This year, over 100 industry leaders will be featured at the conference. Panels and speakers at FinovateFall 2025 will cover artificial intelligence in financial services, customer experience innovation, the outlook for community banks, women in fintech, lending strategies, open banking, payments modernization, and regulatory change. […] - [Nuvision Credit Union Celebrates 90 Years of Serving Members and Community with Member Celebration Gala Event](https://thecreditunionconnection.com/nuvision-credit-union-celebrates-90-years-of-serving-members-and-community-with-member-celebration-gala-event/): Nuvision Credit Union recently marked its upcoming 90th anniversary with a vibrant member appreciation celebration at Segerstrom Center’s beautiful Julianne and George Argyros Plaza in Costa Mesa. While the credit union will be celebrating its official 90th Anniversary on August 16th, the gala event, held on July 17th, was an opportunity for Nuvision to express its commitment and gratitude to its valued members.  The sold-out event, which welcomed more than 400 members and a dozen community partners, was a celebration of the credit union’s 90-year journey and a reminder of the strong connections it’s built along the way with its […] - [All One Credit Union Dedicates Board Room to Giulio Greco](https://thecreditunionconnection.com/all-one-credit-union-dedicates-board-room-to-giulio-greco/): On August 7, 2025, the All One Credit Union Board of Directors and the Senior Management Team dedicated the Board Room at their Headquarters to Giulio G. Greco. Giulio has served as an active member of the Leominster Credit Union/All One Credit Union Board of Directors for the last 48 years and has always had a strong passion for making sure that assisting the underserved is a top priority for the credit union. He lives the credit union mission every day by being committed to enriching our communities and always having the members’ needs in mind.  Giulio is dedicated, member […] - [First Capital FCU & the FirstCap Gives Back Foundation Host Pool Party for Members!](https://thecreditunionconnection.com/first-capital-fcu-the-firstcap-gives-back-foundation-host-pool-party-for-members/): On Thursday, August 7, 2025, First Capital FCU and the FirstCap Gives Back Foundation hosted a pool party for their members at the Green Valley Swimming Pool in York.  “Our Member Appreciation Pool Party was a true celebration of community,” said Tara Houser Minetos, Senior VP of Marketing at First Capital FCU. “Seeing our members relax, laugh, and enjoy a fun-filled day while supporting our FirstCap Gives Back Foundation was both meaningful and rewarding. We’re proud that we could help raise important funds to continue our mission of giving back and provide a fun night for our members and their […] - [Meet the Future of CU Leadership: 2025 CUES Emerging Leader Finalists Announced](https://thecreditunionconnection.com/meet-the-future-of-cu-leadership-2025-cues-emerging-leader-finalists-announced/): CUES and partner Currency Marketing are pleased to announce the Final Five selected to compete for the title of the 2025 CUES Emerging Leader. Now in its 6th year, the CUES Emerge program drew a record-breaking 126 applications. Of those, 36 professionals from across North America were chosen to participate in the free, online program. After completing a robust curriculum combining leadership development and strategic thinking, delivered through expert-led Virtual Classrooms and peer-driven Mastermind groups, 35 moved on to the competition phase by submitting business case proposals. A judging panel made up of industry leaders reviewed the submissions and selected […] - [Several Credit Unions Announced New Hires/Promotions; Royal Credit Union Names New Young Professional Credit Union Activists](https://thecreditunionconnection.com/several-credit-unions-announced-new-hires-promotions-royal-credit-union-names-new-young-professional-credit-union-activists/): Several credit unions, including LAFCU and United Federal Credit Union announced new additions and promotions within their organizations, and Royal Credit Union named two new young professional credit union activists. New Hires: Recognitions: Promotions: Appointments: - [First Capital Federal Credit Union Participates in National Night Out!](https://thecreditunionconnection.com/first-capital-federal-credit-union-participates-in-national-night-out-2/): On Tuesday, August 5, 2025, First Capital Federal Credit Union once again joined local law enforcement, community organizations, and other businesses to take part in National Night Out events across Dallastown, Dover, Manchester, and West Manchester Township. The annual community-building initiative aimed to strengthen relationships between neighbors, law enforcement, and local businesses. First Capital staff provided sand art activities for kids at each location and enjoyed helping children create their colorful masterpieces. Team members also connected with parents and residents to share information about the benefits of First Capital membership and how the credit union serves the local community. “Building […] - [Governor Reynolds proclaims today “Credit Union Day in Iowa”](https://thecreditunionconnection.com/governor-reynolds-proclaims-today-credit-union-day-in-iowa/): Industry Celebrates 100 Years of Impact at Iowa State Fair Governor Kim Reynolds joined credit union leaders from across the state at the Iowa State Fair today and proclaimed the day as “Credit Union Day in Iowa.” The Governor’s proclamation reads: With legislation signed by Iowa Governor John Hammill in 1925 establishing the Iowa Credit Union Act, the industry is celebrating 100 years of impact in 2025. The founding of these member-owned, financial cooperatives introduced a new era that would transform the financial landscape of the state.  “Today, as we gather at the Iowa State Fair, there is no better place […] - [JetStream Federal Credit Union Hosts Future Banker Interns from the CFT Program](https://thecreditunionconnection.com/jetstream-federal-credit-union-hosts-future-banker-interns-from-the-cft-program/): Jetstream Federal Credit Union proudly hosted seven outstanding students from the Center for Financial Training (CFT) Future Bankers & Financial Professionals Camp for a month-long internship designed to introduce young professionals to the world of financial services. Elijah Garcia, Renzo Anderson, Austin Arango, Gabriella Leon, Tyler Llamoca, Anna-Shawrie Anderson, and Lindsey Arias explored credit union operations through hands-on experience in departments such as accounting, lending, collections, customer service, and human resources, and working closely with Jetstream team members. The interns also had the opportunity to meet with Jetstream’s leadership, including President and CEO Jeanne Kucey, who shared her perspective on […] - [JetStream Federal Credit Union Supports Kristi House Back-To-School Community Open House Events](https://thecreditunionconnection.com/jetstream-federal-credit-union-supports-kristi-house-back-to-school-community-open-house-events/): JetStream Federal Credit Union proudly joined Kristi House and other community partners in supporting the annual Back-To-School Community Open House events, held on Saturday, August 2 at the Miami location and Saturday, August 9 at the Homestead location. These events helped hundreds of families across Miami-Dade County prepare for the upcoming school year with essential supplies and fun-filled activities.  With the help of dedicated partners like JetStream, Kristi House was able to assemble and distribute over 600 backpacks filled with a full list of school supplies. At the Miami location, which hosted a private event for Kristi House clients, JetStream […] - [Alliant Credit Union Closes $258 Million in Commercial Real Estate Loans in the First Half of 2025, Eyes Continued Momentum in Q3](https://thecreditunionconnection.com/alliant-credit-union-closes-258-million-in-commercial-real-estate-loans-in-the-first-half-of-2025-eyes-continued-momentum-in-q3/): Strategic financing across industrial, multifamily, and storage sectors positions Alliant for sustained national lending growth Alliant Credit Union closed over $258 million in commercial real estate loans during the first half of 2025, reinforcing its reputation for delivering tailored capital solutions across a range of asset classes and loan structures. The most recent quarter’s activity included financing for stabilized assets and note-on-note structures supporting private bridge and construction lenders nationwide. As Alliant looks ahead to the third quarter, the credit union is focused on expanding its reach in high-demand sectors such as industrial, multifamily, student housing and self-storage, while continuing to support private […] - [Jack Henry's Initial Launch of Tap2Local will Empower Financial Institutions and Their SMB Customers with Fast, Seamless Digital Payments](https://thecreditunionconnection.com/jack-henrys-initial-launch-of-tap2local-will-empower-financial-institutions-and-their-smb-customers-with-fast-seamless-digital-payments/): Cloud-native merchant acquiring solution is part of Jack Henry’s SMB strategy Jack Henry™ (Nasdaq: JKHY) today announced the initial launch of Tap2Local™, a new digital payments solution that enables banks and credit unions to meet the evolving needs of their small and medium-sized business (SMB) customers. Developed in collaboration with Moov, a modern digital payments processor, the cloud-native Tap2Local solution offers merchants many distinguishing features. Those include the ability to accept debit and credit card payments directly through tap-to-pay on both iOS and Android devices, eliminating the need for additional hardware, as well as continuous account reconciliation to the accounting platform […] - [League System and AACUL Congratulate Scott Simpson on New, National Role](https://thecreditunionconnection.com/league-system-and-aacul-congratulate-scott-simpson-on-new-national-role/): Scott Simpson, current president and CEO of the California Credit Union League and Nevada’s Credit Unions and CEO of Utah’s Credit Unions, will succeed Jim Nussle as president and CEO of America’s Credit Unions beginning Nov. 3, 2025, the national trade association announced earlier this week.  “On behalf of the American Association of Credit Union Leagues (AACUL), I’m thrilled to congratulate my longtime colleague and friend, Scott Simpson, on being named the next President and CEO of America’s Credit Unions,” shared AACUL Chair and CrossState Credit Union Association President and CEO Patrick Conway. “Having served alongside Scott as fellow league […] - [BayPort Credit Union Donates $25,000 and 450 Pounds of School Supplies to Virginia Beach City Public Schools](https://thecreditunionconnection.com/bayport-credit-union-donates-25000-and-450-pounds-of-school-supplies-to-virginia-beach-city-public-schools/): BayPort Credit Union is proud to announce a $25,000 sponsorship in support of the Virginia Beach City Public Schools (VBCPS) Office of Family and Community Engagement (FACE) for the 2025–2026 academic year. The sponsorship is an expansion of its ten-year Student-Run Credit Union program, supporting school-district initiatives that foster academic success and overall well-being for families and students. BayPort President and CEO Jim Mears was honored to present VBCPS Superintendent Dr. Donald E. Robertson Jr. with the $25,000 check on the field at Harbor Park. As part of the August 6 “School Supply Drive Night” festivities, Dr. Robertson threw out the first pitch before the Tides game. The BayPort Foundation and the […] - [ABNB Federal Credit Union Selects Upstart for Personal Loans](https://thecreditunionconnection.com/abnb-federal-credit-union-selects-upstart-for-personal-loans/): ABNB Federal Credit Union (ABNB) has announced its partnership with Upstart (NASDAQ: UPST) to offer personal loans to more consumers. “At ABNB we’re more than just rates and products, we’re here to walk alongside our members for life,” said Michael McNabb, ABNB’s Chief Lending Officer. “Through our partnership with Upstart, we’re expanding access to inclusive, digital personal lending making it easier for more people to become part of the ABNB community and reach their personal goals.” ABNB Federal Credit Union began lending as a partner on the Upstart Referral Network in May 2025. As part of the Upstart Referral Network, […] - [HRCU Named 2025 Best-In-State Credit Union by Forbes](https://thecreditunionconnection.com/hrcu-named-2025-best-in-state-credit-union-by-forbes/): Featured as one of America’s Best-In-State Credit Unions for 2025 Holy Rosary Credit Union (HRCU) announces it has been recognized by Forbes as a 2025 ‘Best-In-State’ credit union in New Hampshire. Forbes partnered with Statista to survey approximately 26,000 U.S. residents and analyzed over 500,000 online reviews to rank the Best-In-State Banks and Credit Unions based on satisfaction, trust, customer service, digital tools and transparency. “We are proud to be recognized by Forbes as one of the leading financial institutions in New Hampshire,” said HRCU President and CEO Brian Hughes. “Our team is dedicated to earning our members’ trust and supporting them in reaching their […] - [New Study Shows Gen Z Positively Re-Shaping Money Culture With 82% Feeling Good About the Amount They’re Saving](https://thecreditunionconnection.com/new-study-shows-gen-z-positively-re-shaping-money-culture-with-82-feeling-good-about-the-amount-theyre-saving/): A new study released as part of Raisin’s Summer Savings Series showed that Gen Z may be reshaping savings culture in America, for the better. From #moneytok to finfluencers, Gen Z is embracing talking openly about their finances; 83% of Gen Z is open to discussing savings with friends and family compared to just 51% of Boomers. This mindset may also be what makes Gen Z the most emotionally satisfied generation when it comes to saving. The study, second in a series focused on American savings behaviors, examined key generational differences in how people think and feel about their money. Gen […] - [First Harvest Credit Union's Charitable Journey Donates $2000 to the National Brain Tumor Society](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-donates-2000-to-the-national-brain-tumor-society/): First Harvest Employees Raise Funds to Support Organization’s Mission to Discover a Cure, Deliver Effective Treatments, and Advocate for Patients First Harvest Credit Union’s (“First Harvest”) Charitable Journey Program recently donated $2,000 to the National Brain Tumor Society (NBTS), which funds brain tumor research grants and awards for researchers and institutions to support the discovery of effective treatment options and, ultimately, a cure while also advocating for patients. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. Quarterly fundraising initiatives are held to support various […] - [Better Banking for Bruins: Wescom Financial Unveils UCLA-Branded Debit Card](https://thecreditunionconnection.com/better-banking-for-bruins-wescom-financial-unveils-ucla-branded-debit-card/): Wescom Financial, the Official Banking Partner of UCLA Athletics and of the UCLA Alumni Association, has launched a new UCLA-branded Debit Card. Along with the previously launched Bruin Choice and Bruin Edge Visa® Credit Cards, UCLA students, alumni, faculty, staff, fans, and supporters now have two ways to show their allegiance to UCLA — the #1 ranked public university. “Our new UCLA Debit Card is perfect for our beloved Bruin community because they can make purchases while showing off their campus pride. They can swipe, tap, and 8-clap all over campus and beyond while conveniently managing their finances,” remarked Cristobel von Walstrom, […] - [Eltropy Earns Spot on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies](https://thecreditunionconnection.com/eltropy-earns-spot-on-the-2025-inc-5000-list-of-americas-fastest-growing-private-companies/): AI-powered conversations platform achieves fourth consecutive year of recognition Inc. today announced that Eltropy has earned a place for the fourth consecutive year on the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful companies within the economy’s most dynamic segment – its independent, entrepreneurial businesses.  “Four years running on the Inc. 5000 tells a story about persistence and purpose,” said Ashish Garg, Co-founder and CEO of Eltropy. “We’ve stayed true to our mission of building a conversations platform and practical AI solutions that […] - [Ncontracts Named to Inc. 5000 for a Seventh Consecutive Year](https://thecreditunionconnection.com/ncontracts-named-to-inc-5000-for-a-seventh-consecutive-year/):  Ncontracts announced it has been ranked No. 3,068 on the 2025 Inc. 5000 list of the fastest-growing private companies in America. This marks the 7th consecutive year the company has earned a place on the prestigious list. The Inc. 5000 recognizes independent businesses that have demonstrated exceptional revenue growth and innovation. Ncontracts’ sustained presence on the list demonstrates Ncontracts’ commitment to innovation and excellence in serving the evolving needs of financial institutions, mortgage companies, and registered investment advisors nationwide as they seek comprehensive, integrated solutions for their risk and compliance challenges. “This milestone reflects not just our growth, but our continued evolution as the […] - [People's Credit Union Breaks Ground to Begin Relocation of Wakefield Branch](https://thecreditunionconnection.com/peoples-credit-union-breaks-ground-to-begin-relocation-of-wakefield-branch/): New Kingstown Road Location Will Have Extended Hours and Greater Conveniences People’s Credit Union has announced the groundbreaking of a new branch building at 703 Kingstown Road in Wakefield, RI, just half a mile from the current location at 150 Old Tower Hill Road. Construction on the new building is expected to be completed by year’s end, with the branch relocation scheduled for early 2026. “As we continue evolving to better serve our members and meet the needs of our community, relocating to a new and improved branch in Wakefield marks an exciting milestone,” said Sean Daly, Head of People’s […] - [Modernizing the CLF: Why This Bill Matters and Why It’s Only a First Step](https://thecreditunionconnection.com/modernizing-the-clf-why-this-bill-matters-and-why-its-only-a-first-step/): David Savoie, President/CEO, LaCorp Liquidity is the oxygen of the credit union system. Without reliable access to it, credit unions can’t continue to lend, support members or fulfill our mission.  I’m somewhat encouraged to see bipartisan legislation in Congress to modernize the National Credit Union Administration’s (NCUA) Central Liquidity Facility (CLF). Senate Bill 2545, introduced by Senators Alex Padilla (D-Calif.) and Kevin Cramer (R-N.D.), is a meaningful step toward improving how most credit unions can access this critical backstop. The bill would restore a key provision that expired at the end of 2022: the ability for corporate credit unions to serve […] - [Credit union growth, strategy and Seinfeld: Bill Cheney](https://thecreditunionconnection.com/credit-union-growth-strategy-and-seinfeld-bill-cheney/): Bill Cheney has spent nearly four decades leading and advocating for the credit union movement, from his early days in Dallas to Washington, DC, running then-CUNA (now America’s Credit Unions) to his current role as President and CEO of SchoolsFirst Federal Credit Union.  Under his leadership, the nation’s largest credit union for school employees has grown to 1.5 million members and $34 billion while staying true to its founding mission.  In this candid conversation, Cheney shares why growth isn’t a strategy, what he believes credit unions must stop doing to stay relevant, what superpower he wants and much more! He […] - [DCUC Calls Credit Union Industry to Prompt Coalition Meeting, Warns of Non-Defense Provisions in Must-Pass NDAA](https://thecreditunionconnection.com/dcuc-calls-credit-union-industry-to-prompt-coalition-meeting-warns-of-non-defense-provisions-in-must-pass-ndaa/): The Defense Credit Union Council (DCUC) convened an urgent industry-wide call to address a growing push to attach unrelated and potentially damaging amendments, including the controversial Credit Card Competition Act (CCCA), to the Fiscal Year 2026 National Defense Authorization Act (NDAA).  The meeting brought together credit union leaders, advocates, and industry partners to assess a wave of proposed amendments, many of which would impose additional regulatory burdens on defense credit unions or have no clear connection to national defense.  “DCUC and America’s Credit Unions have consistently advocated for a clean NDAA—free from unrelated and potentially harmful provisions. However, we are […] - [Summit Credit Union Awarded on the Forbes America’s Best-in-State Credit Unions 2025](https://thecreditunionconnection.com/summit-credit-union-awarded-on-the-forbes-americas-best-in-state-credit-unions-2025/): Summit Credit Union has been awarded on the Forbes list of America’s Best-In-State Credit Unions 2025.  “At the heart of everything we do, is a commitment to make money management easy, effective and fun for our members. We are pleased Forbes again awarded Summit as one of the best credit unions in Wisconsin, because the recognition reflects members’ experience and confidence in our service and expertise,” said Summit Credit Union CEO & President Kim Sponem. “We proudly share this honor with our member-owners, our hard-working employees and the communities that make our work so meaningful.”  The ranking is based on […] - [FINBOA Named to 2025 Inc. 5000 Fastest Growing Companies List](https://thecreditunionconnection.com/finboa-named-to-2025-inc-5000-fastest-growing-companies-list/): Ranks in Top 100 of U.S. Software Firms and Texas-based Companies FINBOA Inc. has been named to the 2025 Inc. 5000 list of America’s fastest-growing private companies—for the second time. FINBOA ranked #746 overall, #76 among U.S. software companies, and #79 among Texas-based companies. In April 2025, Inc. ranked FINBOA as #27 in the 2025 Southwest Regional List of the Fastest-Growing Private Companies. Past Inc. 5000 honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia. “Being named to the Inc. 5000 for the second time is a proud milestone for FINBOA and a reflection of the exceptional work […] - [Black Dragon Capital℠ Invests in GenAspire and Veep Software, New Financial Solutions for the Next Generation of Credit Union Members](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-invests-in-genaspire-and-veep-software-new-financial-solutions-for-the-next-generation-of-credit-union-members/): Collaborating with multiple prominent credit unions, the firm backs advanced technologies that can help credit unions optimize services for the younger demographic. Black Dragon Capital℠ (“Black Dragon”) has invested in two financial solutions that can help credit unions optimize their services for the younger demographic: GenAspire and Veep Software. New Financial Solutions for the Next Generation of Credit Union Members GenAspire and Veep Software are promising companies that can give credit unions a competitive edge in providing services which cater to the needs of younger members by offering them superior digital experiences. Originally founded as Copper Banking and recently renamed after being acquired […] - [North Island Credit Union Foundation and California Credit Union Foundation Looking to Fund Innovative Teacher Projects](https://thecreditunionconnection.com/north-island-credit-union-foundation-and-california-credit-union-foundation-looking-to-fund-innovative-teacher-projects/): North Island Credit Union Foundation and the California Credit Union Foundation encourages San Diego County and Los Angeles County teachers who have an innovative class project idea to apply for a credit union grant through its Teacher Grant program. Ten grants of $500 each will be awarded to area teachers in the fall through the program. North Island Credit Union Foundation and the California Credit Union Foundation’s grant program is available to full-time teachers in San Diego and Riverside County and Los Angeles, Orange, San Bernardino and Ventura counties, or credit union members teaching in California, looking to fund special learning opportunities for their students. The project should have clearly defined learning objectives […] - [PSECU Selects AKUVO to Modernize Collections](https://thecreditunionconnection.com/psecu-selects-akuvo-to-modernize-collections/): AKUVO is pleased to announce that the $9 billion PSECU, Pennsylvania’s digital-first credit union, has selected the AKUVO collections platform to modernize its collections operations.  PSECU cited AKUVO’s robust integrations with third-party solutions, advanced reporting capabilities and modern SaaS architecture in its conversion decision. AKUVO’s service and maintenance model, which includes fully managed system support, also played a key role in the credit union’s decision.  “It’s especially meaningful to work with forward-thinking institutions like PSECU, who recognize that technology—and member expectations—have evolved. We’re honored to provide a modern platform that reflects that evolution,” said Steve Castagna, Chief Revenue Officer at […] - [Mazuma Credit Union Announces Partnership with Kansas City Athletics Soccer](https://thecreditunionconnection.com/mazuma-credit-union-announces-partnership-with-kansas-city-athletics-soccer/): Credit Union is the Presenting Sponsor of UMKC’s Men’s and Women’s Soccer Teams Mazuma Credit Union is proud to announce that the organization is the new Presenting Sponsor of Kansas City Athletics’ Roos men’s and women’s soccer teams at the University of Missouri – Kansas City. As Kansas City’s College Teams kick off their 2025 season, the Credit Union joins a roster of prominent local partners in championing up-and-coming athletes, education, and the uniting impact of soccer in our community.  With the 2026 World Cup events in Kansas City drawing near, Mazuma’s partnerships with the Roos, Sporting KC, and KC […] - [VyStar Credit Union and Kennesaw State University Announce Partnership and Arena Naming](https://thecreditunionconnection.com/vystar-credit-union-and-kennesaw-state-university-announce-partnership-and-arena-naming/): The Kennesaw State University Athletics Association and VyStar Credit Union have announced a multi-year partnership that includes naming rights of the arena that houses the Owls basketball programs and women’s volleyball team. The new VyStar Arena will serve as a symbol of shared values and a space where school pride, progress and connection come together.   The agreement, which is a long-term, mission-driven partnership designed to enhance the student experience, supports KSU Athletics and deepens community engagement, was approved earlier this summer by the Board of Regents of the University System of Georgia. The 10-year, $4 million partnership supports Kennesaw State’s […] - [$840 Million Blaze Credit Union Affiliates with Osaic](https://thecreditunionconnection.com/840-million-blaze-credit-union-affiliates-with-osaic/): Minneapolis-based institution reaffirms commitment to personalized service, technology and advisor support following merger of Spire and Hiway Credit Unions Osaic, Inc. (“Osaic”) today announced that Blaze Credit Union (“Blaze”) has joined its Osaic Institutions channel, further expanding Osaic’s presence in the financial institution market. Blaze was formed in 2024 through the merger of Spire Credit Union, which had an existing relationship with Osaic, and Hiway Credit Union. The combined entity has subsequently chosen to partner with Osaic. With roots dating back to the 1920s, Blaze brings together two long-serving Minnesota credit unions to better serve their growing membership. Blaze aims to enhance members’ financial well-being through […] - [Fremont Federal Credit Union Selects Mahalo Banking to Modernize Member Account Management](https://thecreditunionconnection.com/fremont-federal-credit-union-selects-mahalo-banking-to-modernize-member-account-management/): New partnership empowers credit union to provide member-first innovation and financial wellness tools Fremont Federal Credit Union (‘Fremont’) has selected Mahalo Banking as its new digital banking partner, deepening its commitment to deliver exceptional service, financial wellness, and personalized support to its members. The new platform will provide a secure, innovative digital experience that reflects the credit union’s mission to offer best-in-class financial tools and member-first enhancements. “Every decision we make is centered on giving our members the best possible banking experience and ensuring we meet their financial needs and goals,” said Nicholas Cray, CEO of Fremont. “Mahalo’s approach aligns […] - [First Commerce Credit Union Raises More Than $10,000 for Local Animal Shelters](https://thecreditunionconnection.com/first-commerce-credit-union-raises-more-than-10000-for-local-animal-shelters/): 2025’s Liz Nix Fundraiser for Animal Rescue helps local animal organizations make an impact in North Florida and South Georgia communities First Commerce Credit Union raised more than $10,000 for animal welfare organizations across North Florida and South Georgia through its annual Liz Nix Fundraiser. The campaign put the credit union’s mission to Empower Generations and Transform Communities into action.  The fourth annual Liz Nix Fundraiser brought in a total of $10,493.37 for humane societies in Tallahassee, Thomasville, Nashville, Ga. and Valdosta by showcasing the organizations’ important work.  “When animals are lost, abandoned or neglected, these animal organizations step up […] - [SavvyMoney Ranks No. 2274 on the 2025 Inc. 5000 List of America’s Fastest-Growing Private Companies](https://thecreditunionconnection.com/savvymoney-ranks-no-2274-on-the-2025-inc-5000-list-of-americas-fastest-growing-private-companies/): With Three-Year Revenue Growth of 188 Percent, This Marks SavvyMoney’s 3rd Time on the List Inc. today announced that SavvyMoney is No. 2274 on the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia.  “Being recognized on the Inc. 5000 list for the third year in a row reflects the growing demand for innovative financial wellness, lending and deposit solutions,” said JB Orecchia, […] - [Happy Money Study Reveals Gap Between Consumers’ Financial Stress and Their Debt Management Strategies](https://thecreditunionconnection.com/happy-money-study-reveals-gap-between-consumers-financial-stress-and-their-debt-management-strategies/): New “Credit Check-In” Report finds paying down debt is one of Americans’ top goals, yet most are missing strategic solutions that could accelerate progress and reduce stress  Happy Money today released The Credit Check-In, a new report exploring how Americans are managing debt and financial stress in 2025. The survey of 2,000 U.S. adults reveals significant opportunity for proactive debt reduction strategies as financial stress continues to affect well-being. While 36% of respondents cite paying down debt as a top financial goal, 21% say they’ve taken no steps in the past six months to manage debt or reduce financial stress and only 8% have consolidated or refinanced debt – a missed […] - [MDT and InvestiFi Partner, Enabling Credit Unions to Offer Modern Digital Investing Capabilities](https://thecreditunionconnection.com/mdt-and-investifi-partner-enabling-credit-unions-to-offer-modern-digital-investing-capabilities/): Partnership helps credit unions retain deposits, boost member engagement  MDT today announced its partnership with InvestiFi, a digital investing provider that enables account holders to buy and sell stocks, ETFs and cryptocurrency directly from their checking accounts. This partnership enables MDT’s credit union community to offer easy, intuitive investing tools to members from within their online banking journeys, creating stickier member relationships and driving growth. InvestiFi eliminates the need to transfer funds to external parties to invest, enabling financial institutions to retain more assets while attracting new account holders. Through InvestiFi’s exclusive funds flow and user-friendly interface, MDT’s credit union clients […] - [In the Cellar Announces New “Valentine’s Heart of the Movement Award” Honoring Credit Union Leaders Who Ignite Generosity and Community Impact](https://thecreditunionconnection.com/in-the-cellar-announces-new-valentines-heart-of-the-movement-award-honoring-credit-union-leaders-who-ignite-generosity-and-community-impact/): In the Cellar’s third annual event will take place at Harley Davidson’s Museum in Milwaukee, WI, this Friday, September 12, 2025 In the Cellar, the annual signature event benefiting Children’s Miracle Network Hospitals, is proud to announce the creation of the Valentine’s Heart of the Movement Award, a new honor recognizing credit union leaders whose generosity, leadership, and commitment to the movement have created lasting impact.  The award is named in tribute to Mike Valentine, President & CEO of BCU and a 2025 Herb Wegner Memorial Award recipient, whose unwavering belief in In the Cellar helped launch its success. From […] - [Detroit City FC’s New Stadium Has a Name: AlumniFi Field](https://thecreditunionconnection.com/detroit-city-fcs-new-stadium-has-a-name-alumnifi-field/): The new home of Detroit City Football Club (DCFC), set to open in Southwest Detroit for the 2027 USL Championship season, will be known as AlumniFi Field. DCFC and AlumniFi announced the extension of their partnership today. In addition to being the club’s exclusive financial partner and front-of-kit sponsor, the multi-year agreement, exclusively brokered by Sports Revenue Advisors and M3 Group, now includes the naming rights for the club’s new stadium. Pending public approvals, construction on AlumniFi Field at the corner of Michigan Avenue and 20th Street is scheduled to begin in late 2025. The soccer-specific venue will be Detroit’s only privately owned and financed […] - [GLCU Celebrates Successful “Fill the Boat” School Supply Drive](https://thecreditunionconnection.com/glcu-celebrates-successful-fill-the-boat-school-supply-drive/): Great Lakes Credit Union (GLCU) recently wrapped up its “Fill the Boat” school supply drive benefitting local schools. Each of the credit union’s 21 locations collected school supplies through August 2.  Items on the donation list included everything from pencils and pens to calculators and backpacks. This year, GLCU collected more than 10,000 school supply items. “Providing students with the tools and resources they need to succeed is a key part of GLCU’s mission of banking for a greater good,” said Steve Bugg, President and CEO of GLCU. “From school supply drives to scholarships, we’re proud to empower students, no matter […] - [Scott Simpson Selected as America’s Credit Unions’ New President and CEO](https://thecreditunionconnection.com/scott-simpson-selected-as-americas-credit-unions-new-president-and-ceo/): Jim Nussle to retire at the end of October America’s Credit Unions has named Scott Simpson as its next President and CEO effective Nov. 3, 2025.  With more than two decades of in credit union advocacy, public policy and organizational strategy, Simpson steps into the role with deep experience and a strong track record of advancing the credit union movement across multiple states and on the national stage. He will lead America’s Credit Unions in executing its strategic vision: amplifying the credit union voice in Washington, safeguarding the tax status, enhancing member engagement and delivering top-tier products and events. With experience […] - [Mortgage Forward Expands with FiT Mortgage Acquisition](https://thecreditunionconnection.com/mortgage-forward-expands-with-fit-mortgage-acquisition/): Mortgage Forward, a wholly owned subsidiary of Great Lakes Credit Union(GLCU), welcomes FiT Mortgage to GLCU’s family of companies. By joining forces with FiT Mortgage, Mortgage Forward will grow the Credit Union Service Organization (CUSO) business to drive income and smart growth into new markets.  As an industry-leading mortgage company, FiT Mortgage brings the ability to originate mortgage loans in Alabama, Mississippi, Tennessee, Georgia, and Florida. Established with a mission to reshape how mortgage firms are structured, its founders created a platform that empowers top mortgage producers and branch leaders with ownership-thinking, operational freedom, and long-term wealth creation.  This acquisition will […] - [Honoring Heroes: Tunnel to Towers 5K – Milwaukee Doubles in Participation Size, Raises Over $28,000](https://thecreditunionconnection.com/honoring-heroes-tunnel-to-towers-5k-milwaukee-doubles-in-participation-size-raises-over-28000/): Corporate Central proudly served as the title sponsor of the second annual Tunnel to Towers 5K Run & Walk – Milwaukee, held Saturday, August 2. The event saw a surge in participation, more than doubling from its inaugural year with 242 runners and walkers—including local first responders, community members, and supporters from across the region—coming together to honor America’s heroes. Corporate Central extends heartfelt thanks to the event’s generous sponsors— Fort Community Credit Union, CoVantage Credit Union, Heartland Credit Union, All Star Rentals, Quest Federal Credit Union, Papa Stache, Muskego Dental, Church & Chapel, Matty’s Bar & Grille, Festival Foods, […] - [Global Credit Union Foundation Golf Tournament Raises $70,000 for Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-70000-for-local-nonprofits/): On July 15, more than 130 players gathered on a beautiful sunny day at the Anchorage Golf Course for the annual Global Credit Union Foundation Fairway Friends Golf Tournament, which raised $70,000 to support Fisher House Foundation and Make-a-Wish Alaska and Washington. The Global Credit Union Foundation Fairway Friends Golf Tournament is an annual Foundation event that brings together business partners, credit union leaders and volunteers, and the community to support Foundation nonprofit partners. “Sponsors and teams come from all across the country to participate in this event,” said Geoff Lundfelt, President of the Global Credit Union Foundation. “This year […] - [American Heritage Collects More than 1,450 Books to Donate to Local Organizations](https://thecreditunionconnection.com/american-heritage-collects-more-than-1450-books-to-donate-to-local-organizations/): Recycling for Readers is a Green Team initiative that collects gently-used books of all genres to donate to local organizations and nonprofits American Heritage Credit Union (“American Heritage”) recently completed its 4th annual Recycling for Readers Drive, which collects gently-used books of all genres to be donated to community organizations and nonprofits. This year’s associate-only collection was incredibly successful, with more than 1,450 books donated by American Heritage associates for this cause. 40 American Heritage associates volunteered their time to this effort. Associates sorted, organized, and delivered the books to be donated to seven local organizations, including: The book donations make […] - [Ascentra Awards $12,000 in Scholarships to Traditional, Non-traditional and Trades Students](https://thecreditunionconnection.com/ascentra-awards-12000-in-scholarships-to-traditional-non-traditional-and-trades-students/): The Ascentra Scholarship Program has awarded its 2025 scholarships to 12 area student members of the credit union. These 12 future leaders were selected to receive $1,000 each to help them get one step closer to achieving their academic and professional goals.  Five $1,000 scholarships were awarded to traditional high school students planning to enter college, five $1,000 scholarships were awarded to non-traditional students, aged 19 or over, planning to attend college or earn an advanced degree and two $1,000 scholarships were awarded to students entering a trade program. The Ascentra Scholarship Program is unique in that students can apply […] - [Tier One Credit Union Selects Alkami for Digital Banking](https://thecreditunionconnection.com/tier-one-credit-union-selects-alkami-for-digital-banking/): Engagement includes both retail and business banking Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced a top 20 credit union in the U.S. selected Alkami as its digital banking partner, encompassing both retail and business banking with a minimum of 350,000 users. This adds to Alkami’s 1.3 million digital user implementation backlog as of June 30, 2025. The engagement includes virtually the entire suite of Alkami’s Data & Marketing Solution, marking one of Alkami’s most expansive product adoptions to date. With the addition of this client, Alkami now serves five of the top 20 credit unions and remains listed as the top […] - [Communication Federal Credit Union Embraces Scienaptic AI for Smarter, More Inclusive Underwriting](https://thecreditunionconnection.com/communication-federal-credit-union-embraces-scienaptic-ai-for-smarter-more-inclusive-underwriting/): Scienaptic AI today announced that Communication Federal Credit Union, based in Oklahoma City, OK, has chosen its platform to enhance credit access for its members. The credit union is adopting Scienaptic’s AI-powered, regulatory-compliant technology to support its goals of making faster, smarter lending decisions, streamlining credit processes, and extending lending opportunities to underserved members. Established in 1939 by employees of Southwestern Bell Telephone in downtown Oklahoma City, Communication Federal Credit Union (CFCU) has grown significantly over the decades. Today, CFCU proudly serves more than 120,000 members across Oklahoma and Kansas through its 22 branches and partnerships with over 250 diverse business […] - [Valiify and Payfinia Partner to Bring Instant Account Funding to Community Banks and Credit Unions](https://thecreditunionconnection.com/valiify-and-payfinia-partner-to-bring-instant-account-funding-to-community-banks-and-credit-unions/): Valiify today announced a strategic partnership with Payfinia, an independent payment services provider based in Portland, Ore. Payfinia’s flagship solution, Instant Payment Xchange (IPX) platform, enables innovative platform providers to embed instant payment capabilities into existing workflows via a secure API integration. The partnership brings real-time money movement directly into the Valiify platform, enabling financial institutions to move funds and disburse loans immediately, without involving manual workflows or external systems. With this integration, financial institutions can address a growing pressure point: shortening the time between approval and funding. In lending, delays create drop-off risk, operational inefficiencies, and lost revenue. Real-time funding […] - [Connex Credit Union Data Breach Alert Issued By Wolf Haldenstein](https://thecreditunionconnection.com/connex-credit-union-data-breach-alert-issued-by-wolf-haldenstein/): Wolf  Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”) is investigating claims on behalf of people who have been impacted by the Connex Credit Union (“Connex”) data breach.  Connex, headquartered in New Haven, Connecticut, announced that the personal information of customers may have been stolen as part of a data breach which occurred in June 2025. Connex is notifying affected people that their personal information, including at least names, account numbers, debit card information, Social Security numbers, and other government ID numbers may have been stolen.  If you have received a recent notice of the data breach and have experienced recent concerning activity, it is possible that your […] - [Inside Business Recognizes Chartway as Winner of Top Workplaces Award for Seventh Consecutive Year](https://thecreditunionconnection.com/inside-business-recognizes-chartway-as-winner-of-top-workplaces-award-for-seventh-consecutive-year/): Chartway Credit Union has been named a Top Workplace by Hampton Roads Top Workplaces 2025 and Inside Business for the seventh year in a row. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling respected & supported, enabled to grow, and empowered to execute, to name a few.  “To be recognized for seven straight years as a top workplace in Hampton Roads speaks to the strength of our culture and the dedication of our […] - [HuLoop Automation Announces Major Platform Updates with Automation Builder Enhancements and HuGO Sidekick AI Assistant](https://thecreditunionconnection.com/huloop-automation-announces-major-platform-updates-with-automation-builder-enhancements-and-hugo-sidekick-ai-assistant/): HuLoop Automation has released the latest version of its Unified Work Intelligence Platform (v7), the seventh major release of its flagship solution which includes HuLoop’s new AI assistant, HuGO Sidekick. These solutions are designed to accelerate the automation builder experience and improve ease of use for HuLoop end users. HuGO Sidekick helps users get the most from the HuLoop Automation platform. HuGO Sidekick’s new Predictive/Prescriptive Automation Build Capabilities enhance the user experience when creating new automations. HuLoop estimates that HuGO Sidekick allows builders to create automations 50% faster than the prior release. HuGO Sidekick also includes Unified Knowledge Base, which […] - [Coastal Credit Union Among Triangle’s Best Places to Work for Tenth Time](https://thecreditunionconnection.com/coastal-credit-union-among-triangles-best-places-to-work-for-tenth-time/): Coastal Credit Union  has once again earned a spot among the Triangle Business Journal’s Best Places to Work. This marks the ninth time Coastal has been recognized in the past 10 years, and the tenth time overall. “Returning to the winners’ list is a result of our ongoing efforts to truly be a best place to work,” said Joe Mecca, Coastal’s VP of Communication. “Being recognized among the top employers in our community is an honor that’s important to Coastal. More than just a source of pride, Best Places to Work awards give us an edge in attracting and retaining talented employees.” […] - [Members on the Move: How U.S. Migration Is Affecting Credit Unions](https://thecreditunionconnection.com/members-on-the-move-how-u-s-migration-is-affecting-credit-unions/): Lydia Wedlock, editorial assistant, The Credit Union Connection Sarah Snell Cooke, founder/CEO, The Credit Union Connection 2024 gave people numerous reasons to move to another state. The results of the 2024 election, along with higher costs of living and the rise of hybrid work, are just a few of the reasons many people are choosing to find a new place to live. For credit unions, this could mean major shifts in your membership demographics and the needs of your members and community. Where are Americans coming from and going? According to NorthAmerican Moving Services, these were the top five outbound states: The […] - [#ILoveMyCreditUnion Day Unites the Credit Union Movement](https://thecreditunionconnection.com/ilovemycreditunion-day-unites-the-credit-union-movement/): Credit unions and their advocates once again united for the annual #ILoveMyCreditUnion Day social media blitz, amplifying the credit union movement. This year’s campaign sparked nearly 25,000 posts—ranging from inspiring stories of community impact to personal reflections on why people cherish credit unions. Together, these voices reached 7 million people, celebrating the spirit and strength of the credit union community. From industry leaders, like America’s Credit Unions President/CEO Jim Nussle, to front-line tellers the 2025 campaign showcased dedication at every level of the credit union movement. It’s clear that #ILoveMyCreditUnion is growing deep roots as participants across the industry connect […] - [Boston Firefighters Credit Union Appoints Danielle Milner as President/CEO](https://thecreditunionconnection.com/boston-firefighters-credit-union-appoints-danielle-milner-as-president-ceo/):  In a bold step toward the future, the Board of Directors of Boston Firefighters Credit Union (BFCU) has appointed Danielle Milner as the credit union’s next President and Chief Executive Officer. A nationally recognized leader known for her innovation, storytelling, and community impact, Milner brings a purpose-driven approach to leadership—and becomes only the fifth CEO in BFCU’s nearly eight-decade history. “BFCU has an extraordinary history of excellence serving our members, and we are excited to have Danielle continue to build upon this legacy,” said Sean Costello, Board Chair of Boston Firefighters Credit Union. “As only our fifth CEO in our […] - [Why AI Is Making Credit Unions More Credit Union](https://thecreditunionconnection.com/why-ai-is-making-credit-unions-more-credit-union/): When most people hear “AI in finance,” they think automation, not empathy. But Patrick McElhenie, Chief Growth Officer at Scienaptic AI, paints a different picture. In his conversation with Sarah Snell Cooke on The Credit Union Connection, he makes it clear: artificial intelligence isn’t replacing credit unions’ people-first values. It’s reinforcing them. Find solutions related to this content on the Solution Playground. The Credit Union Connection is piloting a partnership with the Solution Playground to assess the benefit of combining content and solutions to quickly move from ideas to action. Learn more about this pilot and review sample solutions related to […] - [Arkansas Federal Credit Union celebrates the opening of its newest branch](https://thecreditunionconnection.com/arkansas-federal-credit-union-celebrates-the-opening-of-its-newest-branch/): The new Russellville location expands upon commitment to make it easier to do business Officials with Arkansas Federal Credit Union, the city of Russellville, and the Russellville Chamber of Commerce held a ribbon-cutting ceremony on Thursday to celebrate the credit union’s newest branch, and first location in Russellville, Ark. Located at 1815 East Main Street, the 3,000 square-foot facility marks the third location in the River Valley and 23rd overall location in Arkansas for Arkansas Federal.  In attendance at the ceremony were local community and business leaders, including Russellville Mayor Fred Teague, and Samantha Guerra, membership director of the Russellville Chamber […] - [DCUC Speaks Out After Court Ruling Invalidating Debit Card Swipe Fee Cap](https://thecreditunionconnection.com/dcuc-speaks-out-after-court-ruling-invalidating-debit-card-swipe-fee-cap/): The Defense Credit Union Council (DCUC) expresses its strong opposition to a federal judge’s recent decision declaring the Federal Reserve’s cap on debit card swipe fees illegal.  DCUC President/CEO Anthony Hernandez shared deep concern that the ruling — which vacates the current interchange fee limits under the Durbin Amendment — will harm consumers and community financial institutions while rewarding mega-retailers.  “We are deeply disappointed in the court’s decision. It effectively resurrects a failed federal Durbin Amendment experiment – a policy that led to higher costs for consumers, the elimination of rewards programs, and reduced access to affordable credit,” Hernandez said, […] - [LAFCU opens enrollment for free financial education course through Sept. 1](https://thecreditunionconnection.com/lafcu-opens-enrollment-for-free-financial-education-course-through-sept-1/): Program empowers adults across the state to develop lifelong money skills and financial confidence LAFCU is now accepting enrollment for its free Pathway to Financial Transformation course, a hybrid personal finance program that is open to all Michigan residents, regardless of credit union membership. Now in its fifth year, the course equips adults of any age with practical tools and insights to help improve money management, build financial stability, and gain confidence in their financial decision-making. To enroll in LAFCU’s free, comprehensive personal finance course, visit lafcu.com/pathway by Sept. 1. The comprehensive course will meet virtually every other Thursday from 6 to 7 p.m., starting Sept. 11, 2025, […] - [Addition Financial Foundation Unveils Transformed Needs Pantries at Four Central Florida Schools](https://thecreditunionconnection.com/addition-financial-foundation-unveils-transformed-needs-pantries-at-four-central-florida-schools/): This week, the Addition Financial Foundation is celebrating the completion of its 2025 Renovate to Educate projects by unveiling newly transformed “needs spaces” at four public schools across Central Florida. These upgraded pantries and resource rooms are designed to support homeless and low-income students and their families by providing essential items in a welcoming and organized environment. This year’s initiative marks a significant evolution of the Renovate to Educate program. Originally focused on free classroom makeovers for deserving teachers, the program now concentrates on creating or enhancing “needs spaces” — dedicated areas within schools stocked with food, clothing, toiletries, and other vital […] - [NCUA Removes Disparate Impact References From Fair Lending Guide and Other Materials](https://thecreditunionconnection.com/ncua-removes-disparate-impact-references-from-fair-lending-guide-and-other-materials/): The National Credit Union Administration (NCUA) today announced its removal of all references to disparate impact liability from its Fair Lending Guide and other issuances. These updates follow with White House Executive Order 14281, Restoring Equality of Opportunity and Meritocracy which directs federal agencies to eliminate the use of disparate impact liability in all contexts. The NCUA’s examination and supervision processes will no longer include reviews for disparate impact and the agency will no longer request, review, or conclude or follow-up on: •           Matters related to a credit union’s disparate impact risk; •           Internal disparate-impact risk analysis; and •           Disparate-impact risk assessment processes or […] - [Maine Credit Unions Launch Fraud Awareness Video to Protect Older Mainers](https://thecreditunionconnection.com/maine-credit-unions-launch-fraud-awareness-video-to-protect-older-mainers/): Maine Credit Unions have released a powerful new video to warn Mainers—especially older adults—about the alarming rise in fraud. Drawing on the voices of respected experts from across the state, the production sheds light on the emotional and financial toll these crimes inflict, while offering clear, practical steps viewers can take to spot scams before they cause harm. Created through a unique, statewide collaboration with the Maine Attorney General’s Office, Maine State Police, Maine Bureau of Financial Institutions, Legal Services for Maine Elders, and a seasoned fraud investigator, the project underscores one message: combating fraud requires all of us. Featured […] - [National Credit Union Foundation Announces Christopher Morris as New DE Program Director](https://thecreditunionconnection.com/national-credit-union-foundation-announces-christopher-morris-as-new-de-program-director/): The National Credit Union Foundation (“the Foundation”) the national charitable arm of the credit union movement, is pleased to announce Christopher Morris as its new Program Director, DE. Morris is a passionate advocate for the credit union difference and brings a wealth of experience in the credit union system, a strong network of credit union leaders, and a deep understanding of the cooperative philosophy and financial well-being for all. As an award-winning speaker, facilitator and trainer, Morris has previously held leadership roles at America’s Credit Unions (formerly CUNA), TruStage (formerly CUNA Mutual Group), and the Foundation itself as Director of […] - [Former Acting Comptroller of the Currency and NCUA Chairman Rodney E. Hood Rejoins Zest AI Board ](https://thecreditunionconnection.com/former-acting-comptroller-of-the-currency-and-ncua-chairman-rodney-e-hood-rejoins-zest-ai-board/): Distinguished regulatory leader returns to leading AI lending technology company to advance AI-powered solutions that strengthen the U.S. financial system  Zest AI announced today that Rodney E. Hood, who previously served as Acting Comptroller of the Currency, Chairman of the National Credit Union Administration (NCUA), and Director of the Federal Deposit Insurance Corporation, has rejoined Zest AI’s Board of Directors. Hood, who previously served on Zest AI’s board, returns at a pivotal moment as the company accelerates efforts to modernize America’s lending infrastructure through responsible AI innovation.  “I’ve seen lending from every angle–as a regulator, as a banker, and as […] - [MSUFCU Launches Immersive Campus Explorer Experience at MSU](https://thecreditunionconnection.com/msufcu-launches-immersive-campus-explorer-experience-at-msu/): MSU Federal Credit Union (MSUFCU) helped welcome new and returning Spartans to campus by officially launching its new virtual reality game, Campus Explorer Experience, during Michigan State University’s Welcome Week. The new game integrates MSUFCU into the MSU campus in a five- to 15-minute immersive VR journey. Students have the opportunity to experience different parts of campus, such as The game made its debut at In Good Taste, located in the MSU Union. In Good Taste is a community gathering spot powered by MSUFCU that offers students, faculty, and the community a social base to connect over shared interests. Campus Explorer […] - [Threading Together The Arts Community: Family Trust Federal Credit Union Partners With Winthrop University](https://thecreditunionconnection.com/threading-together-the-arts-community-family-trust-federal-credit-union-partners-with-winthrop-university/): Celebrates the Opening of the J. Robert Bazemore Design Center Demonstrating its ongoing commitment to education and innovation in the community, Family Trust Federal Credit Union, in partnership with Winthrop University, celebrated the grand opening of the J. Robert Bazemore Design Center, located in the heart of Rock Hill’s Knowledge Park at The Thread. The 5,000-square-foot interior design center, built in honor of Winthrop University alumnus J. Robert “Bob” Bazemore, will serve as a modern learning environment with advanced technology that exposes students to real-world design concepts. The Thread, a revitalized textile mill and warehouse, is historically significant not only to the […] - [Municipal Credit Union Named One of New York’s ‘Best & Brightest Companies to Work For’ for Second Straight Year](https://thecreditunionconnection.com/municipal-credit-union-named-one-of-new-yorks-best-brightest-companies-to-work-for-for-second-straight-year/): The recognition reflects MCU’s people-first philosophy and its commitment to building an award-winning workplace culture that is inclusive, growth-oriented, and exceptional. Municipal Credit Union (MCU) has been recognized as one of New York’s Best & Brightest Companies to Work For® in 2025 by the National Association for Business Resources (NABR). This marks the second consecutive year MCU has earned this prestigious certification, underscoring its ongoing commitment to fostering an outstanding workplace environment and culture.  The Best & Brightest Companies to Work For® program identifies and honors organizations that excel in employee enrichment, engagement and retention. Selected companies are evaluated by an […] - [Defense Credit Union Council Retains Elizabeth Eurgubian of Atlas Advocacy to Strengthen Regulatory Advocacy](https://thecreditunionconnection.com/defense-credit-union-council-retains-elizabeth-eurgubian-of-atlas-advocacy-to-strengthen-regulatory-advocacy/): The Defense Credit Union Council (DCUC) announced today that it has retained Elizabeth Eurgubian of Atlas Advocacy, a respected government relations and advocacy consultant, to expand its regulatory advocacy efforts on behalf of credit unions. “Credit unions are facing an increasingly complex and evolving regulatory environment, and it is vital that our members’ voices resonate with policymakers,” said Anthony Hernandez, DCUC President/CEO. “By bringing Elizabeth on board, we are strengthening our ability to shape the regulatory landscape so that credit unions can grow, expand, and best serve their members and communities.” “As DCUC continues to expand its advocacy team to […] - [Eltropy Launches AI Voice Agents for Community Financial Institutions](https://thecreditunionconnection.com/eltropy-launches-ai-voice-agents-for-community-financial-institutions/): Agentic AI platform delivers conversational voice automation with 60% of agent calls deflected to free agents to focus on high-value, consumer-first interactions Eltropy announced the general availability of the next generation of Eltropy AI Voice Agents. This agentic AI platform turns traditional phone systems into intelligent, autonomous voice agents that understand, act, and escalate, delivering personalized consumer experiences at scale while freeing human agents to focus on complex, high-touch interactions. Unlike menu-based phone systems that frustrate consumers with predetermined options, AI Voice Agents provide natural, free-form dialogue that handles routine banking tasks end-to-end. In addition, AI Voice Agents support account services, payments […] - [CD Valet Shares August CD Rate Analysis, Revealing Yield Changes – Mostly Declines – Ahead of Potential Rate Cut](https://thecreditunionconnection.com/cd-valet-shares-august-cd-rate-analysis-revealing-yield-changes-mostly-declines-ahead-of-potential-rate-cut/): FIs continue to leverage 12-month term to secure deposits CD Valet today shared that approximately 74% of CD rate changes made from Aug. 01-Aug. 31, 2025, were decreases. These rate shifts are likely in anticipation of a Fed rate cut, possibly as soon as the September 16-17 Federal Open Market Committee meeting. The share of rate increases during the same period was 26%, continuing a downward trend of CD rate hikes in recent months; 36% of rate movements in July and 42% in June were increases. In its monthly Ratewatcher report, CD Valet analyzes its digital marketplace of over 35,000 […] - [Harborstone Credit Union Completes Acquisition of SaviBank](https://thecreditunionconnection.com/harborstone-credit-union-completes-acquisition-of-savibank/): Harborstone Credit Union (“Harborstone”), headquartered in Lakewood, Washington, and SaviBank, headquartered in Mount Vernon, Washington, and its parent holding company, Savi Financial Corporation, Inc. (“Savi Financial”) (OTCPK: SVVB), announced today that they have completed the purchase and assumption transaction whereby Harborstone has acquired substantially all the assets and assumed substantially all the liabilities, including all deposits, of SaviBank.  SaviBank’s banking offices will continue to operate as branches of Harborstone. As a result of the transaction, Harborstone now has approximately $2.7 billion in assets, $2.2 billion in loans, $2.4 billion in shares and deposits and has 26 branches throughout Island, King, […] - [Leadership Transition Announced for CU4Kids Advisory Board](https://thecreditunionconnection.com/leadership-transition-announced-for-cu4kids-advisory-board/): Children’s Miracle Network Hospitals Shares New Chair and Vice Chair to Guide Credit Unions Partnership  Children’s Miracle Network Hospitals (CMN Hospitals) today announced a leadership transition for its Credit Unions for Kids (CU4Kids) Advisory Board. After years of dedicated service, John Bratsakis, President & CEO of the Maryland & DC Credit Union Association, has completed his term as Chair. Stepping into the role as the new Chairperson is Caroline Willard, President & CEO of the Cornerstone League.   Bratsakis has played an instrumental role in advancing CU4Kids’ mission to engage the credit union movement in fundraising efforts that support children’s hospitals across […] - [FDIC Will No Longer Consider Disparate Impact When Evaluating Banks’ Lending Policies](https://thecreditunionconnection.com/fdic-will-no-longer-consider-disparate-impact-when-evaluating-banks-lending-policies/): Is the NCUA next? Henry C. Meier, Esq. of The Law Office of Henry C. Meier, Esq.  On Friday afternoon, before the start of a holiday weekend, the FDIC announced that its regulators could no longer examine bank practices to determine if they have a disparate impact on minority loan applicants. This announcement could have a major impact on a wide range of lending practices. The announcement came in the form of an amended version of the FDIC’s Consumer Compliance Examination Manual and announced: “Manual has been updated to reflect that the FDIC will evaluate potential discrimination under the Equal […] - [2025 Auto Loan Delinquencies: How Credit Unions Can Help Members Stay on Track](https://thecreditunionconnection.com/2025-auto-loan-delinquencies-how-credit-unions-can-help-members-stay-on-track/): Lydia Wedlock, editorial assistant, The Credit Union Connection Falling behind on auto loan payments can be a living nightmare. Along with damage to one’s credit score, auto loan delinquency can eventually result in repossessions, and that can lead to other serious consequences. For example, challenges finding another way to work that can put your job at risk. However, in recent months, there has been a noticeable decline in auto loan delinquency rates in certain areas of the country, and for credit unions, this means there are opportunities to help members continue to keep up with their payments, or if a […] - [Clutch and TruStage™ Expand Partnership with Protection Products: Plan Selection](https://thecreditunionconnection.com/clutch-and-trustage-expand-partnership-with-protection-products-plan-selection/): In a continued effort to modernize the lending experience for credit unions and their members, Clutch (WithClutch, Inc.) and TruStage™ announce the launch of Protection Products: Plan Selection, a breakthrough upgrade to Clutch’s digital application platform that automates plan selection, eligibility filtering, and pricing for GAP and Debt Protection/Credit Insurance. This enhancement builds on the foundation of the Interest Experience and Provisional Quote released earlier last year and marks a major step forward in delivering a fully self-serve, compliant, and efficient loan protection process online. Using Clutch’s Protection Products: Plan Selection, applicants applying for a personal loan, auto loan or credit card via […] - [Affinity Plus Foundation Launches Second Annual “Donate to Defeat Hunger” Fundraiser](https://thecreditunionconnection.com/affinity-plus-foundation-launches-second-annual-donate-to-defeat-hunger-fundraiser/): Donations will be accepted over 10 days and matched up to $15,000 The Affinity Plus Foundation is proud to announce the return of Donate to Defeat Hunger, a 10-day campaign supporting Feeding America food banks across Minnesota. From September 3 through September 13, community members are invited to join the fight against hunger by making a donation at any participating Affinity Plus branch or online at affinityplus.org/hunger.  September is Hunger Action Month, and the Affinity Plus Foundation is matching all donations up to $15,000. Every dollar makes a powerful difference—just $1 provides 6 meals for Minnesotans facing hunger. Currently, 1 […] - [USSFCU Wins Dual Honors at 2025 Broadcom Customer Achievement Awards](https://thecreditunionconnection.com/ussfcu-wins-dual-honors-at-2025-broadcom-customer-achievement-awards/): Recognized as Americas Achiever of the Year and AI Innovator for Advancing Digital Transformation and Member Experience The United States Senate Federal Credit Union (USSFCU) is proud to announce that it has been named a 2025 Broadcom Customer Achievement Award winner, earning recognition in two prestigious categories: Americas Achiever of the Year and AI Innovator. The announcement was made at VMware Explore 2025 (#VMwareExplore), honoring organizations using VMware solutions to deliver visionary innovation, operational excellence, and measurable business outcomes. Driving Innovation and Member-Centric Transformation USSFCU’s recognition highlights its bold approach to modernizing IT infrastructure, advancing AI-driven solutions, and enhancing member experiences. Leveraging VMware Cloud Foundation and […] - [Garden Savings Federal Credit Union Announces Grand Openings Of Sayreville And Brick Branches](https://thecreditunionconnection.com/garden-savings-federal-credit-union-announces-grand-openings-of-sayreville-and-brick-branches/): Garden Savings is proud to announce the Grand Opening of it’s newly acquired Brick and Sayreville branches this October. As the credit union continues to grow beyond its northern roots, it’s celebrating its arrival in central and southern New Jersey with light refreshments, fun, and a stronger commitment to serving members across the state.  The Brick Branch will kick off the celebrations on Saturday, October 4, followed by the Sayreville Branch on Saturday, October 11, both celebrations will take place from 9:00 AM – 12:00 PM. Each event will feature light refreshments, giveaways, and activities designed to welcome the community […] - [Impact Credit Union Selects Mahalo Banking for Secure, Inclusive Digital Banking Solution](https://thecreditunionconnection.com/impact-credit-union-selects-mahalo-banking-for-secure-inclusive-digital-banking-solution/): Deep core integration and advanced functionality to streamline operations and accelerate feature delivery Impact Credit Union (‘Impact CU’) has chosen Mahalo Banking as its new digital banking partner to strengthen its digital services, achieve tighter core integration for seamless functionality, and provide members with a modern online and mobile banking experience. As member adoption of digital channels continues to grow, Impact CU sought a partner that could combine technical expertise with a deep understanding of credit union operations. Mahalo’s extensible platform, paired with its deep core integration with Corelation Keystone, made it the ideal solution to support Impact CU’s goals […] - [TowerCares Foundation Awards $200,000 in College Scholarships to Support Future STEM Leaders](https://thecreditunionconnection.com/towercares-foundation-awards-200000-in-college-scholarships-to-support-future-stem-leaders/): Forty college students pursuing STEM or Foreign Language Linguistics majors received a $5,000 scholarship from the TowerCares Foundation. More than half of this year’s winners have an affiliation with the Department of Defense or U.S. Military. Since 2018, TowerCares has provided over $700,000 in college scholarships through their annual Scholarship Program. Recent high school graduate Sarah Voigt will enter her freshman year at Villanova University this fall with an extra $5,000 towards her education, thanks to the TowerCares Foundation.  Voigt plans to major in Medicine and pursue her dream of becoming a doctor. “I’m incredibly honored and grateful for the […] - [PAHO/WHO FCU Recognized as an American Banker Best Credit Union to Work For®](https://thecreditunionconnection.com/paho-who-fcu-recognized-as-an-american-banker-best-credit-union-to-work-for/): For the fifth consecutive year, PAHO/WHO Federal Credit Union has been named one of the American Banker’s Best Credit Unions to Work For®. The Credit Union ranked 13th overall out of 68 credit unions honored nationwide. PAHO/WHO FCU was recognized in part for its Annual Volunteer Time program, which provides employees with 40 hours each year to volunteer at the organizations of their choice.  “We are once again honored by the recognition and are grateful for the support of our Board of Directors and the unwavering commitment of our employees to helping others,” said Miguel Boluda, Jr., CEO of PAHO/WHO […] - [Credit Union Service Company of Virginia Approves Sale to Shared Cooperative Services](https://thecreditunionconnection.com/credit-union-service-company-of-virginia-approves-sale-to-shared-cooperative-services/): The Credit Union Service Company of Virginia, LLC (CUSCVA) announced that its shareholders have voted to approve the sale of CUSCVA’s assets to Shared Cooperative Services, LLC (SCS), a subsidiary of LEVERAGE. The transaction will take effect October 1, 2025. Founded in 1994 by a group of forward-thinking credit union leaders, CUSCVA was established to give members across Virginia greater convenience through in-person access to shared branching services. Over the past three decades, the organization has grown into a robust network of 50 participating credit unions and 121 branch locations across Virginia and South Carolina. Over time, member preferences have shifted—particularly […] - [Velera’s 2025 CU Growth Outlook Reveals Generation Z is Redefining the Future of Financial Services](https://thecreditunionconnection.com/veleras-2025-cu-growth-outlook-reveals-generation-z-is-redefining-the-future-of-financial-services/): Fifth annual study highlights Gen Z’s demand for personalization, digital transformation and authentic engagement. Velera has announced the release of its fifth annual CU Growth Outlook. This year’s study reveals how Generation Z – the first fully digital-native generation – is accelerating profound shifts in consumer behavior and financial services expectations. According to the study, Gen Z – those born between 1997 and 2012 – feels uniquely challenged by today’s economy, with 72% reporting they face hurdles other generations did not. This generation prioritizes financial independence, consistency in paying bills and building emergency savings, while demanding a seamless blend of digital […] - [DCUC Champions Senior Americans, Veteran Entrepreneurs, Highlights Key CU Priorities & Urges Armed Services Committees to Reject Interchange Provisions in FY26 NDAA](https://thecreditunionconnection.com/dcuc-champions-senior-americans-and-veteran-entrepreneurs-highlights-key-credit-union-priorities-ahead-of-fed-nominee-hearing-and-urges-armed-services-committees-to-reject-harmful-interchange-provis/): Early this morning, the Defense Credit Union Council (DCUC) engaged key Congressional Committees ahead of upcoming hearings to ensure legislation is supportive of senior Americans and veteran entrepreneurs, strengthens rural communities, and advances policies that enable credit unions to better serve America’s military and underserved communities.  Supporting Older Americans in the Workforce and Retirement  DCUC sent a letter to the Senate Special Committee on Aging ahead of its hearing, titled, “Protecting Older Americans: Leveling the Playing Field for Older Workers.”  DCUC’s letter called for legislative priorities to better serve senior and veteran members with financial literacy programs, retirement planning, fraud […] - [Nuvision Credit Union’s Annual NuvisionCares Helping Kids in Our Communities Program Provides Clothing, Boots and School Supplies to Disadvantaged Youth](https://thecreditunionconnection.com/nuvision-credit-unions-annual-nuvisioncares-helping-kids-in-our-communities-program-provides-clothing-boots-and-school-supplies-to-disadvantaged-youth/): Credit union’s community-giving initiative provides clothing and school essentials to youth in California and Alaska.  Nuvision Credit Union (Nuvision) has announced that its annual NuvisionCares Helping Kids in Our Communities campaign has delivered clothes, winter boots and school supplies to hundreds of underprivileged youth in California and Alaska. As part of its long-standing commitment to local communities, the credit union hosted a series of clothing, boot and socks, and school backpack drives through its NuvisionCares Helping Kids in Our Communities program, which began July 1st and ended August 18th.  With the help of donations from credit union members, the local communities, […] - [Climb Credit Union Named to Top Three Best Credit Unions of Western Slope](https://thecreditunionconnection.com/climb-credit-union-named-to-top-three-best-credit-unions-of-western-slope-2/): Climb Credit Union is honored to be recognized by The Daily Sentinel’s “Best of the West” awards in Grand Junction. The “Best of the West” is a community-driven initiative where residents nominate and vote for their favorite businesses and organizations across the Western Slope. In the “At Your Service” category, Climb Credit Union was proudly voted the second-best credit union. This marks the third consecutive year that Climb has earned this recognition. “We are deeply grateful to be acknowledged as a trusted partner within the Grand Junction community,” said Carrie Langgard, President/CEO of Climb Credit Union. “Our team remains dedicated to delivering […] - [NCUA Issues Two Consent-Based Prohibition Orders](https://thecreditunionconnection.com/ncua-issues-two-consent-based-prohibition-orders/): The National Credit Union Administration issued two consent-based prohibition orders in August 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution. Order of Prohibition: Jennifer Tatman, former employee of Allied Plastics Federal Credit Union (“APFCU”) which has now merged with GP Louisiana Federal Credit Union (“GP Louisiana FCU”), Zachary, Louisiana, agreed and consented to the issuance of a prohibition order and agreed to comply with all its terms to settle and resolve the NCUA Board’s claims against her. Michele Spanbauer, former employee of Oshkosh Postal Employees Credit Union (“OPECU”) which […] - [United Federal Credit Union Celebrates Opening of Wee Course Expansion at Harbor Shores with UFCU First Tee Days Sponsorship](https://thecreditunionconnection.com/united-federal-credit-union-celebrates-opening-of-wee-course-expansion-at-harbor-shores-with-ufcu-first-tee-days-sponsorship/): United Federal Credit Union (United) was on hand for the opening of the Wee Course expansion at Harbor Shores on August 25 as an official corporate sponsor of the new family-focused amenity. The Wee Course consists of a nine-hole pitch-and-putt layout with holes of 80 yards or less. It was designed by Hall of Fame golfer and 2014 and 2015 KitchenAid Senior PGA champion Colin Montgomerie. “I’m thrilled to be part of this special project with Harbor Shores, a place and community I hold close to my heart,” said Montgomerie. “The Wee Course is more than just a golf amenity—it’s a […] - [Countdown to Momentum 2025: Early Bird Pricing Ends August 31](https://thecreditunionconnection.com/countdown-to-momentum-2025-early-bird-pricing-ends-august-31/): Time is running out to secure your spot at Momentum 2025: Insights, Innovation, and Connection, Corporate Central’s inaugural annual conference designed to inspire the future of the credit union movement. The event takes place October 7–9, 2025, at Chula Vista Resort in Wisconsin Dells, WI—and early bird pricing ends August 31. A New Era of Credit Union Collaboration Momentum 2025 expands on the success of Corporate Central’s Economic Outlook event with three powerful days of learning, networking, and forward-thinking dialogue. Credit union leaders and professionals will explore today’s most pressing challenges and tomorrow’s biggest opportunities through expert presentations, interactive workshops, […] - [Securityplus Federal Credit Union Appoints Charissa Martin, Peter Minford, and Michael Gago to Drive Strategic Vision](https://thecreditunionconnection.com/securityplus-federal-credit-union-appoints-charissa-martin-peter-minford-and-michael-gago-to-drive-strategic-vision/): Securityplus Federal Credit Union, one of Maryland’s largest and most innovative credit unions, proudly announces three strategic leadership appointments to help drive its mission of enhancing the financial well-being of more than 35,000 members. Longtime Securityplus leader Charissa Martin has been appointed Chief Risk Officer, Peter Minford has been named Chief Financial Officer, and Michael Gago has joined the organization as Chief Lending Officer. These appointments reflect the credit union’s commitment to delivering forward-thinking solutions, personalized service, and strategic growth that benefits members across the Baltimore metropolitan area, federal agencies, and select employee groups. Together, these leaders bring a powerful […] - [Land of Lincoln Credit Union to acquire Williamsville State Bank and Trust](https://thecreditunionconnection.com/land-of-lincoln-credit-union-to-acquire-williamsville-state-bank-and-trust/): Land of Lincoln Credit Union (“Land of Lincoln”) of Decatur, IL and Williamsville State Bank and Trust (“Williamsville”) of Williamsville, IL and wholly-owned subsidiary of WSB Financial, Ltd., jointly announced today that they have entered into a definitive agreement whereby Land of Lincoln will purchase substantially all of the assets and liabilities of Williamsville in an all-cash transaction. While the agreement is contingent on obtaining regulatory and WSB Financial, Ltd. stockholder approvals, the proposed transaction has been unanimously approved by the boards of directors of both institutions. The transaction is expected to close in the first half of 2026. Following the […] - [Gesa Credit Union Teams Up with Food Lifeline and Second Harvest to Fight Hunger this Hunger Action Month](https://thecreditunionconnection.com/gesa-credit-union-teams-up-with-food-lifeline-and-second-harvest-to-fight-hunger-this-hunger-action-month/): The credit union will match up to $50,000 in community donations and host food drives at local branches Gesa is supporting Hunger Action Month by teaming up with longtime partners Food Lifeline and Second Harvest to fight food insecurity across the Pacific Northwest. Throughout September, the three organizations will unite to raise awareness, inspire community participation, and generate support for those impacted by hunger locally.  As presenting sponsor, Gesa will match up to $25,000 in donations to both Food Lifeline and Second Harvest. The credit union will also collect monetary donations and host food drives for non-perishable food items at their […] - [Greylock’s First Wealth Builders Youth SummerFest: A Win for All](https://thecreditunionconnection.com/greylocks-first-wealth-builders-youth-summerfest-a-win-for-all/): More than 200 individuals, a mix of children and adults, made their way through the Youth Party on Monday, Aug. 4 at Greylock’s Community Empowerment Center (CEC) – and that was just day one of Greylock’s Wealth Builders Youth SummerFest, a week-long series of events held Aug. 4-9. This year marked Greylock’s first-ever Wealth Builders Youth SummerFest, with the theme “Rule Your Future,” featuring several free events in Berkshire County and one in Hudson, N.Y. These included the Youth Party at the CEC; “Must-Have Financial Tips and Tricks” on Thursday, Aug. 7 at Hilltop Orchards; and Sundaes and Savings on […] - [Navy Federal Credit Union Launches Graduate Student Loan for Members to Continue Their Higher Education Journey](https://thecreditunionconnection.com/navy-federal-credit-union-launches-graduate-student-loan-for-members-to-continue-their-higher-education-journey/): Navy Federal Credit Union is proud to introduce its new Graduate Student Loan, a financial solution to support members pursuing advanced degrees. With competitive rates and flexible terms, this product is designed to meet the financial needs of students enrolled in master’s, doctoral, medical, law, and other professional programs. This new offering reflects Navy Federal’s commitment to helping members achieve their educational goals with confidence and financial peace of mind. “Pursuing a graduate degree is a meaningful step forward, and one that often comes with a financial gap,” said Caroline Currie, Assistant Vice President of Education Lending at Navy Federal Credit Union. […] - [Luminate Announced Three Promotions; California’s Credit Unions and Nevada’s Credit Unions Announce Recipients of Credit Union Awards, Advocacy Awards, and Network Awards](https://thecreditunionconnection.com/luminate-announced-three-promotions-californias-credit-unions-and-nevadas-credit-unions-announce-recipients-of-credit-union-awards-advocacy-awards-and-network-awards/): Luminate announced three promotions within its organization, and California’s Credit Unions and Nevada’s Credit Unions announced the recipients of this year’s Credit Union Awards, Advocacy Awards, and Network Awards. New Hires: Recognitions: California’s Credit Unions and Nevada’s Credit Unions are honored to announce recipients of this year’s Credit Union Awards, Advocacy Awards, and Network Awards! 2025 Credit Union Awards Leo H. Shapiro Lifetime Achievement Award California’s Credit Unions and Nevada’s Credit Unions’ highest recognition, honoring excellence in credit union philosophy and a lifetime of contributions to the credit union movement. It is named after Leo H. Shapiro, father of the […] - [Automotive Refinancing Grows Nearly 70% From a Year Ago, According to a New Report From Experian Automotive](https://thecreditunionconnection.com/automotive-refinancing-grows-nearly-70-from-a-year-ago-according-to-a-new-report-from-experian-automotive/): Consumers saved just over 2% on their interest rates after refinancing their vehicle in Q2 2025 With interest rates leveling out, consumers are looking for ways to secure more favorable vehicle financing terms. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q2 2025, the volume of automotive refinances increased nearly 70% from a year ago. A closer analysis revealed consumers saved just over 2% on their interest rates after refinancing their vehicle in Q2 2025, with the average interest rate dropping from 10.45% to 8.45%. This reduced the average monthly payment by $71 for borrowers who refinanced […] - [Texans Credit Union Launches First-Time Homebuyer Program Amid Housing Market Pressure](https://thecreditunionconnection.com/texans-credit-union-launches-first-time-homebuyer-program-amid-housing-market-pressure/): National sales data highlights challenges facing would-be homeowners Texans Credit Union has launched its First-Time Homebuyer Program, offering three new pathways to homeownership at a moment when affordability challenges are keeping many would-be buyers on the sidelines. While existing home sales saw a 2% uptick in July, sales activity still sits at its lowest point in the past year, according to National Association of Realtors data. Texans Credit Union’s new program aims to give consumers renewed confidence, added flexibility, and personalized guidance to help them move forward in a market that presents a historic challenge to buyers. The program is […] - [MSU Federal Credit Union Launches Buy Now, Pay Later Feature to Elevate Member Experience](https://thecreditunionconnection.com/msu-federal-credit-union-launches-buy-now-pay-later-feature-to-elevate-member-experience/): MSUFCU partners with equipifi to empower members with better budgeting capabilities and greater financial flexibility through BNPL-enabled debit cards As next gen consumers increasingly cite Buy Now, Pay Later (BNPL) availability as a key factor when making purchase decisions, Michigan State University Federal Credit Union (MSUFCU) has launched an in-house BNPL feature to meet its members’ evolving needs. With more than $8 billion in assets and nearly 400,000 members nationwide, MSUFCU continues to lead the credit union industry in delivering innovative tools that support members’ financial wellness. This BNPL offering allows members to split eligible debit card purchases into manageable installments directly within MSUFCU’s […] - [evolve FCU | Social Purpose Community Outreach Event Weekend at the Movies](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-weekend-at-the-movies/): evolve FCU hosted its third Social Purpose event of 2025. On Saturday, August 23rd evolve FCU held, Weekend at the Movies, at the Allen Theater in Las Cruces NM. This was the second event that evolve FCU hosted for Jardin De Los Ninos, its newest Social Purpose partner. The event was a private movie screening for the children’s organization where the children and families, including staff from Jardin De Los Ninos, got to enjoy, The Fantastic Four. The screening included soft drinks, popcorn and a candy of choice per person.  Many of the children and families that were there had never been to a […] - [Community Makes a Splash for Youth at Second Annual Donate to Dunk Event](https://thecreditunionconnection.com/community-makes-a-splash-for-youth-at-second-annual-donate-to-dunk-event/): The Second Annual Donate to Dunk event made waves on Thursday, August 21 at Founders Park in Downtown Marion, bringing together community leaders, families, and supporters for an evening of laughter, splashes, and generosity all in support of the Boys & Girls Club of Marion County. More than 150+ attendees came out to cheer on local leaders and volunteers who braved the dunk tank to raise funds for youth programs. Thanks to the community’s enthusiasm and generosity, the event raised $10,000 with United Federal Credit Union amplifying the impact through a $2,500 match and Modern Woodmen of America with a […] - [The Kids-N-Hope Foundation Hosts Fourth Annual Cornhole Tournament for Pediatric Health and Life Services](https://thecreditunionconnection.com/the-kids-n-hope-foundation-hosts-fourth-annual-cornhole-tournament-for-pediatric-health-and-life-services/): Community Event Will Feature Food, Beverages and Prizes, Raising Funds to Support Pediatric Music Therapy Programs at Local Hospitals American Heritage Credit Union (“American Heritage”) and the Kids-N-Hope Foundation (“The Foundation”) will host the fourth annual Cornhole Tournament on Wednesday, September 10th beginning at 6 PM at American Heritage’s Red Lion Road campus. All proceeds from this event will benefit The Foundation, which aims to enhance children’s health and life services, including music therapy and music programs, at local hospitals and not-for-profit organizations. This year, the Kids-N-Hope Cornhole Tournament is a double elimination format containing two brackets: one for beginners and […] - [Cornerstone Community Financial Credit Union Selects Upstart for Personal Loans](https://thecreditunionconnection.com/cornerstone-community-financial-credit-union-selects-upstart-for-personal-loans/): Cornerstone Community Financial Credit Union (CCF) has partnered with Upstart (NASDAQ: UPST) to offer smarter, more inclusive personal loan options to consumers. “At Cornerstone, we’re committed to more than just great rates, we’re here to empower our members through every financial chapter of their lives,” said Chris Mangeno, Chief Lending Officer at Cornerstone Community Financial. “Partnering with Upstart allows us to extend digital, accessible personal lending to more people, helping them join the CCF community and achieve their financial goals.” Cornerstone Community Financial started lending as a partner on the Upstart Referral Network in April 2025. As part of the […] - [Shapiro Summit: Record-Breaking Attendance From 3 States](https://thecreditunionconnection.com/shapiro-summit-record-breaking-attendance-from-3-states/): Credit Union Leaders Collaborate Under Mission-Driven Purpose Shapiro Summit, a leading conference for credit unions with under $287 million in assets, concluded on August 23 at the JW Marriott Anaheim — a two-day event marking the highest attendance in the summit’s history, with nearly 140 participants from three states. This year’s conference brought together industry peers to exchange ideas, engage in friendly competition, and collaborate on solutions tailored to the mission-driven vision of small credit unions. The summit kicked off on Friday with a CEO Roundtable led by Scott Simpson, marking a bittersweet occasion. Simpson is President and CEO of […] - [MANTL Unveils Bulk Account Opening to Streamline Branch Operations, Simplify Banker Workflows, and Increase Wallet Share](https://thecreditunionconnection.com/mantl-unveils-bulk-account-opening-to-streamline-branch-operations-simplify-banker-workflows-and-increase-wallet-share/): New feature enables banks to open multiple accounts in a single application, accelerating onboarding and empowering staff to focus on relationships over paperwork MANTL today announced the launch of MANTL Bulk Account Opening, a new feature designed to help financial institutions open multiple retail or business accounts through a single application. This capability enables bankers to boost operational efficiency, deepen customer relationships, and grow wallet share while delivering a faster, more seamless in-branch experience. In particular, Bulk Account Opening is poised to transform in-branch business account onboarding, delivering substantial efficiency gains for frontline teams. Early adopters have already opened as […] - [APEX 2025 Keynote Lineup Announced: Drew Bledsoe Joins Christine Cashen, Allison Cerra, and Linda Nedelcoff at Mohegan Sun](https://thecreditunionconnection.com/apex-2025-keynote-lineup-announced-drew-bledsoe-joins-christine-cashen-allison-cerra-and-linda-nedelcoff-at-mohegan-sun/): The Cooperative Credit Union Association’s (CCUA) and the Credit Union League of Connecticut (CULCT) proudly announce the final keynote speaker lineup for APEX 2025, the premier credit union convention taking place October 15 – 17 at Mohegan Sun in Uncasville, Connecticut. This year’s program features some of the most dynamic, accomplished, and recognizable voices in leadership, sports, marketing, and strategy, making it one of the most exciting lineups in APEX history. Kicking off the convention is Christine Cashen, award-winning author and motivational speaker, known for her signature blend of humor, energy, and practical advice that helps audiences tackle challenges with positivity and […] - [MIAA Partners with Collegiate to Empower Student-Athletes with Financial Literacy and Digital Banking Tools](https://thecreditunionconnection.com/miaa-partners-with-collegiate-to-empower-student-athletes-with-financial-literacy-and-digital-banking-tools/): The Michigan Intercollegiate Athletic Association (MIAA) today announced an official partnership with Collegiate, a digital banking platform created by MSU Federal Credit Union (MSUFCU). The collaboration will provide student-athletes across the nine MIAA member institutions with financial education resources and modern banking products designed to support them on the field, in the classroom, and in life. “The MIAA has always been about more than competition — we’re committed to helping student-athletes grow in every part of their lives,” said Jason Horn, MIAA Commissioner. “Financial wellness is an important piece of that, and working with Collegiate gives our student-athletes tools they […] - [Industrial Credit Union Launches Mahalo’s Digital Banking Platform to Accelerate Innovation](https://thecreditunionconnection.com/industrial-credit-union-launches-mahalos-digital-banking-platform-to-accelerate-innovation/): New platform offers tight core integration, streamlines operational workflows, and accelerates digital feature deployment  Industrial Credit Union (‘Industrial’) has launched the Mahalo digital banking platform to serve its more than 30,000 members across Washington state. The implementation allows the credit union to enhance feature extensibility and deliver a next-generation digital experience to its growing member base. Industrial has strengthened its technology foundation through deeper integrations between Mahalo’s digital banking solution and its Corelation Keystone core system. This native connection enhances real-time data access, streamlines internal workflows, and creates a more unified member experience across all digital channels. By reducing friction […] - [DCUC Calls for Modernization of Financial Data Privacy Laws](https://thecreditunionconnection.com/dcuc-calls-for-modernization-of-financial-data-privacy-laws/): The Defense Credit Union Council (DCUC) has sent a letter to House Financial Services Committee leaders Rep. French Hill and Rep. Andy Barr urging updates to the Gramm-Leach-Bliley Act (GLBA) to reflect today’s digital financial landscape.  DCUC commended the committee and subcommittee for thoughtful examination of Title V, Subtitle A of the Gramm-Leach-Bliley Act (GLBA) and called for modernization—not replacement—of GLBA to ensure uniform protections across the financial services sector, particularly given the rise of fintech and data aggregators. DCUC’s President/CEO Anthony Hernandez expressed support for a single, preemptive federal privacy standard, warning that a patchwork of state laws creates […] - [DCUC Applauds Bipartisan Senate Effort to Strengthen CDFI Fund in NDAA](https://thecreditunionconnection.com/dcuc-applauds-bipartisan-senate-effort-to-strengthen-cdfi-fund-in-ndaa/): Corrects New Pro-Bank Rhetoric Regarding CU Tax Status and the CDFI Program The Defense Credit Union Council (DCUC) commends a bipartisan group of U.S. Senators for introducing an amendment to the National Defense Authorization Act (NDAA) that would expand and strengthen the Community Development Financial Institutions (CDFI) Fund. See DCUC’s recent letter here. According to recent news, the amendment, led by Sens. Mark Warner (D-VA), Steve Daines (R-MT), Mike Rounds (R-SD), and Tina Smith (D-MN), would extend the CDFI Bond Guarantee Program for four years, lower the bond threshold from $100 million to $25 million to expand access, and permanently […] - [Setting A Standard: Westerra Credit Union Hosts Colorado Symitar User Group](https://thecreditunionconnection.com/setting-a-standard-westerra-credit-union-hosts-colorado-symitar-user-group/): A reflection of its commitment to driving shared innovation, collaboration and influence across its industry, Westerra Credit Union hosted the Symitar User Group seminar at its headquarters in Cherry Creek. The peer forum united regional industry leaders and system experts from other Denver area financial institutions that utilize Jack Henry Symitar as their core system. Westerra’s leadership team led discussions around strategic initiatives for the future, including leveraging AI to improve operational efficiency, engaging with Gen Z and Gen Alpha to increase memberships among younger generations and enhancing technology activations to strengthen members’ experience and financial wellness. “We’re proud to play a […] - [Telhio Credit Union Partners with Ohio State Fair for Donation Collection to Benefit Ronald McDonald House](https://thecreditunionconnection.com/telhio-credit-union-partners-with-ohio-state-fair-for-donation-collection-to-benefit-ronald-mcdonald-house/): Telhio Credit Union employees welcomed visitors to the 2025 Ohio State Fair while coordinating a substantial donation of 7,000 items to Ronald McDonald House Charities of Central Ohio (RMHC). Throughout July, Telhio Credit Union branches encouraged members and local community members to donate wish list items to RMHC in exchange for buy one, get one free ticket vouchers to the Ohio State Fair. Items included canned food, disposable dinnerware, paper goods, and condiments, all of which are frequently used at RMHC to support thousands of families year-round. This promotion, combined with items collected at the gate during Telhio’s Day at […] - [REMINDER | NCUA to Host Strategic Plan Town Hall on September 9](https://thecreditunionconnection.com/reminder-ncua-to-host-strategic-plan-town-hall-on-september-9/): The National Credit Union Administration (NCUA) will host a Strategic Plan Town Hall on Tuesday, September 9 starting at 2 p.m. Eastern. The virtual event invites credit union industry stakeholders to provide input on the 2026-2030 NCUA Strategic Plan. Online registration for the town hall is open until Friday, August 29, 2025. Attendees are encouraged to share their ideas on how to strengthen the credit union system, highlight future issues impacting credit unions, and provide feedback on what they would change about the most recent NCUA Strategic Plan. The NCUA Strategic Plan Town Hall will be a moderated virtual discussion open to […] - [Financial Confidence vs. Economic Concern: New TruStage™ Survey Identifies a Split Reality for Middle-Market Consumers](https://thecreditunionconnection.com/financial-confidence-vs-economic-concern-new-trustage-survey-identifies-a-split-reality-for-middle-market-consumers/): Inflation, high debt levels and preparedness for unexpected costs are the biggest cause for concern, especially for women Three-quarters of middle-market consumers in the United States, defined as those with a household income between $55,000-$160,000, rate their financial situation as good, and 73% still believe the “American Dream” is within reach. Yet beneath this individual confidence lies a more sobering reality; perceptions of economic strength are masking the strain inflation is placing on household spending, future savings and long-term consumer confidence. This is according to the 2025 Middle-Market Survey from TruStage, an insurance and financial services provider that protects 39 […] - [Huntington Beach Credit Union Appoints Aron Harrington as President/CEO](https://thecreditunionconnection.com/huntington-beach-credit-union-appoints-aron-harrington-as-president-ceo/): Huntington Beach Credit Union (HBCU) has announced the appointment of Aron Harrington as its new President and Chief Executive Officer. Harrington succeeds Angela Clitherow, who is retiring after a distinguished tenure as President & CEO. Reflecting on her time at the helm, Clitherow said, “It has been an honor to serve as President & CEO of Huntington Beach Credit Union and to work alongside such a dedicated team and supportive board. Over the years, we have remained steadfast in our mission to serve our members and community, and I am deeply proud of what we have accomplished together. Huntington Beach […] - [Inside the CDFI Crossroads: An Interview with Aaron Duffy on Compliance, Change, and Community Impact](https://thecreditunionconnection.com/cdfi-credit-unions-crossroads-compliance-community-impact-aaron-duffy/): “What does the future look like?” That’s the question Aaron Duffy hears most often from credit union leaders navigating the uncertainty around the Community Development Financial Institutions (CDFI) Fund. As senior vice president of community advancement at CU Strategic Planning, Aaron has had a front-row seat to the unease, the policy shifts, and the resilience credit unions have shown in the face of constant change. When Sarah Snell Cooke sat down with Aaron on The Credit Union Connection, the conversation quickly moved past surface-level concerns. The pair dug into the real anxieties behind recertifications, executive orders, and the sheer administrative […] - [Keith Morton Retires from the NCUA](https://thecreditunionconnection.com/keith-morton-retires-from-the-ncua/): The National Credit Union Administration today announced the upcoming retirement of Keith Morton, Regional Director of the NCUA’s Southern Region. Morton’s last day serving as the Regional Director of the Southern Region will be August 29, 2025. Morton is retiring with nearly 40 years of service to the NCUA. “For nearly four decades, Keith has worked side-by-side with credit unions to strengthen the cooperative system,” NCUA Chairman Kyle Hauptman said. “His dedication to public service helped credit unions remain strong and resilient, ensuring their ability to better serve their members.” Morton began his career in 1986 as a field examiner […] - [People Driven Credit Union Partners with Scienaptic AI for Innovative Bundled Product Offerings](https://thecreditunionconnection.com/people-driven-credit-union-partners-with-scienaptic-ai-for-innovative-bundled-product-offerings/): Scienaptic AI today announced that People Driven Credit Union has selected its platform to power intelligent bundled product offerings for its new members. With the help of the Scienaptic AI platform, People Driven Credit Union is strengthening its new member onboarding experience by intelligently assessing each member’s financial profile and credit eligibility when they open a new deposit account. AI-driven insights generate custom pre-qualified offers, letting the credit union immediately help their new members with the right financial solution at the right time. People Driven will anticipate member borrowing needs and establish stronger member relationships from day one. “We’re revolutionizing how we […] - [Cardinal Credit Union Partners with Bits of Stock to Launch Stock Rewards Program for Student and Young Investors](https://thecreditunionconnection.com/cardinal-credit-union-partners-with-bits-of-stock-to-launch-stock-rewards-program-for-student-and-young-investors/): New collaboration brings innovative program to Cardinal members ages 18 to 28 through its digital banking platform Cardinal Credit Union, official credit union of the Cleveland Browns and not-for-profit financial cooperative, is partnering with Bits of Stock, the leading platform enabling financial institutions, to offer a stock rewards program geared to Cardinal checking account holders, aged 18 to 28. The new program, integrated through Cardinal’s digital banking platform, enables student and young investors to start building wealth through fractional stock ownership (less than one full equity share of stock), while supporting early investment habits and fostering financial education. Once enrolled, […] - [Landmark Credit Union Announces New, Multi-Year Partnership with the Milwaukee County Zoo](https://thecreditunionconnection.com/landmark-credit-union-announces-new-multi-year-partnership-with-the-milwaukee-county-zoo/): Wisconsin-based Landmark Credit Union today announced a new partnership with the Milwaukee County Zoo, reinforcing its commitment to support the communities it serves. “For family, friends and members throughout Wisconsin, a trip to the Zoo is an enjoyable and memorable experience,” said Jay Magulski, president & CEO of Landmark Credit Union. “We are excited to be a part of it, supporting the connection between the community and the animals, while further broadening our presence in the Milwaukee area.” The new two and-a-half-year sponsorship agreement features the Landmark Landing, a great space by Lake Evinrude to break for a meal or snack; a few surprise and delight […] - [BayPort Credit Union Named a Top Workplaces Industry Winner for Second Consecutive Year](https://thecreditunionconnection.com/bayport-credit-union-named-a-top-workplaces-industry-winner-for-second-consecutive-year/): BayPort Credit Union has announced it has been recognized by Inside Business as a 2025 Top Workplaces in Hampton Roads, Virginia, for the second consecutive year. BayPort was ranked #16 on the Top Workplaces Large Companies list of 24 businesses. The recognition is based solely on anonymous employee feedback gathered through a survey administered by Energage, LLC, a third-party employee engagement technology partner. For the 2025 Top Workplaces list in Hampton Roads, approximately 1,720 organizations were surveyed, with a record 61 employers earning the recognition. “This honor reflects the culture we are building and the commitment BayPort brings to serving our members and supporting one […] - [DakCU Launches New Awareness Campaign: “Your Money. Your Values. Your Credit Union.”](https://thecreditunionconnection.com/dakcu-launches-new-awareness-campaign-your-money-your-values-your-credit-union/): A Fresh Push to Boost Credit Union Visibility Across North and South Dakota The Dakota Credit Union Association (DakCU) is proud to announce the latest release of our state-wide awareness program (SWAP), designed to continue driving general awareness and consumer consideration of credit unions across North and South Dakota. This fresh campaign, developed by DakCU in partnership with a local production firm, features authentic, locally produced creative assets and a bold, relatable new theme: “Your Money. Your Values. Your Credit Union.”  The Dakotas have been a proud part of the credit union awareness movement since 2019, when DakCU became one […] - [Strivve Brings One-of-a-Kind Cardholder Experiences as CUNA Strategic Services Newest Alliance Provider](https://thecreditunionconnection.com/strivve-brings-one-of-a-kind-cardholder-experiences-as-cuna-strategic-services-newest-alliance-provider/): CUNA Strategic Services (CSS) is pleased to introduce their new strategic alliance with Strivve – a forward-thinking fintech dedicated to helping payment card issuers strengthen their position in the digital payments landscape. This collaboration empowers credit unions to drive engagement, ensure cardholder security, and deliver a seamless experience by enabling members to safely update their payment credentials with over 100 leading merchants in just seconds. “Strivve enables credit unions to increase card usage by making it easy to position their cards at top-of-wallet at literally hundreds of online payment sites,” said Barb Lowman, President, CUNA Strategic Services. “Their innovative solutions help credit unions […] - [LAFCU Distributes 1,100+ Backpacks to Ease Back-to-School Costs for Families and Teachers](https://thecreditunionconnection.com/lafcu-distributes-1100-backpacks-to-ease-back-to-school-costs-for-families-and-teachers/): Credit union partners with community organizations to reduce back-to-school financial strain More than 1,100 Lansing-area students are heading back to school prepared, thanks to LAFCU’s leadership in supporting two major community backpack giveaways in one weekend. By providing essential supplies, the credit union helped ease the financial strain on both parents and teachers at a time when Michigan educators spend more out-of-pocket on classroom needs than almost anywhere else in the nation. According to the Economic Policy Institute, Michigan teachers spend an average of $628 of their own money each year on classroom supplies—the second highest rate in the country, behind […] - [LEVERAGE Partners with IDgo to Promote Enhanced Authentication Services for Credit Unions ](https://thecreditunionconnection.com/leverage-partners-with-idgo-to-promote-enhanced-authentication-services-for-credit-unions/): LEVERAGE, the trusted service corporation for The League of Credit Unions & Affiliates, is excited to announce a strategic partnership with IDgo, a leading device-based authentication platform that is simple, fast and secure.  IDgo leverages mobile devices and encryption technology to deliver a seamless, secure authentication solution across all customer engagement channels. The platform is designed to reduce the risk of impersonation attacks, increase operational efficiency, and simplify the authentication experience for both consumers and staff.  “We’re excited to work with LEVERAGE and appreciate their team recognizing the value our service can bring to their members,” said Rocky Scales, CEO of […] - [Jason Stverak: Lobbyist, Outdoorsman and Commandant](https://thecreditunionconnection.com/jason-stverak-lobbyist-outdoorsman-and-commandant/): If Jason Stverak could trade jobs for a day, he wouldn’t pick a flashy CEO role or a Silicon Valley perch—he’d choose to be Commandant at West Point. That tells you a lot about how he views leadership: as something rooted in service, ethics and shaping the next generation. Stverak is Chief Advocacy Officer at the Defense Credit Union Council (DCUC), where he spends his days making sure credit unions—especially those serving military families—aren’t drowned out in the noise of Washington. Advocacy may not grab headlines like mergers or fintech launches, but it’s the quiet work that determines whether credit […] - [Clutch Launches HAL: AI-Powered Lending Assistant Driving Credit Unions into the FinTech Future](https://thecreditunionconnection.com/clutch-launches-hal-ai-powered-lending-assistant-driving-credit-unions-into-the-fintech-future/): Clutch today announced the launch of HAL, an AI-powered lending assistant that transforms the lending process. HAL enhances the applicant experience, streamlines operations, and drives growth for credit unions by accelerating loan processing and reducing costs. As part of Clutch’s mission to help credit unions digitally transform and become the obvious choice for financial services, HAL is designed to deliver measurable improvements across the entire lending journey. Regardless of loan type, Clutch’s solutions empower credit unions to convert applications into booked, funded, and activated relationships faster than ever before. Key Features of HAL Proven Results“By leveraging AI to automate time-consuming tasks […] - [All One Credit Union to Host Shred-A-Thon](https://thecreditunionconnection.com/all-one-credit-union-to-host-shred-a-thon/): All One Credit Union (formerly known as Leominster Credit Union) will hold a Shred-A-Thon at its 910 West Boylston Street, Worcester, MA location on Saturday, September 13, 2025 from 9:00 AM – Noon.  Members and non-members can get rid of old, sensitive documents by shredding and recycling them at the Shred-A-Thon. All items will be shredded on site by a secure shredding service, New England Security Shredders.  Members of the community can bring up to three legal size file boxes or three 13-gallon kitchen trash bags to be shred for free. However, we will be accepting donations for Habitat for […] - [Horizons North Credit Union Wins 2025 Best Of The Best Honors](https://thecreditunionconnection.com/horizons-north-credit-union-wins-2025-best-of-the-best-honors/): Horizons North Credit Union is honored to announce it has once again been recognized as a Best of the Best Bank/Credit Union by Colorado Community Media in both Westminster and Northglenn-Thornton for 2025. In Westminster, Horizons North earned top honors in four categories: Best Bank/Credit Union, Best Accountant, Best Mortgage Agent/Consultant, and Best Mortgage Company. In Northglenn-Thornton, they have been named Best Bank/Credit Union, Best Accountant, Best Financial Planner, and Best Mortgage Agent/Consultant.  This marks another consecutive year of recognition for Horizons North, which has earned Best of the Best honors every year since 2011 from voters across Northglenn-Thornton, and […] - [DCUC Calls for Parity and Expanded Small Business Lending in Deposit Insurance Reform](https://thecreditunionconnection.com/dcuc-calls-for-parity-and-expanded-small-business-lending-in-deposit-insurance-reform/): The Defense Credit Union Council (DCUC) has voiced strong support for modernizing deposit insurance and urges Congress to pair these reforms with expanded small business lending authority for credit unions.  In a letter to Senators Hagerty and Alsobrooks, DCUC’s Chief Advocacy Officer, Jason Stverak, commended the recent amendment to the FY2026 National Defense Authorization Act, which proposes to raise deposit insurance coverage on business transaction accounts to $20 million for community financial institutions.  “This proposal closes a dangerous gap for small businesses,” says Stverak. “Payroll and operating funds must be safe and available, even during financial instability.”  In the letter, […] - [DCUC Opposes Puerto Rico Senate Bill 675](https://thecreditunionconnection.com/dcuc-opposes-puerto-rico-senate-bill-675/): Protecting Consumers, Servicemembers, and Financial Stability The Defense Credit Union Council (DCUC) has expressed its strong opposition to Puerto Rico Senate Bill 675, which seeks to exclude sales taxes and gratuities from interchange fee calculations.  “SB 675 would harm Puerto Rico’s financial ecosystem, especially servicemembers, veterans, and their families who rely on safe, convenient, and affordable payments through their local financial institutions including credit unions,” says Jason Stverak, DCUC Chief Advocacy Officer.  DCUC relayed key concerns presented with SB 675, including undermined payment security; a costly and complex Puerto Rico-specific technology mandate; disproportionate impact on smaller financial institutions (through limited […] - [Wescom Resources Reports Strong Mid-Year Financial and Client Growth](https://thecreditunionconnection.com/wescom-resources-reports-strong-mid-year-financial-and-client-growth/): With 20.4% top-line revenue growth and 12 new clients, the leading technology CUSO posted outstanding mid-year results. Wescom Resources remains focused on delivering innovative people, resources, and partnerships to help credit unions remain competitive and grow. Wescom Resources, a wholly owned CUSO of Wescom Financial, shared outstanding financial and operational results for an active and successful first half of its 2025 fiscal year. The industry-leading technology Credit Union Service Organization (CUSO) built upon recent growth trends and continued its strategic investment in operations, technology, and people to meet the evolving needs of credit unions.  Wescom Resources added seven new UNITRI […] - [Valley Strong Credit Union Opens New Full-Service Branch in Vacaville](https://thecreditunionconnection.com/valley-strong-credit-union-opens-new-full-service-branch-in-vacaville/): Valley Strong Credit Union is excited to announce the opening of its newest branch located at 90 Nut Tree Road in Vacaville. This is the third full-service branch located in Solano County for the Credit Union, which has been serving the central valley for over 85 years. The Vacaville Branch location is open Monday through Thursday from 9 a.m. to 5 p.m., Friday from 9 a.m. to 6 p.m., and Saturday from 9 a.m. to 1 p.m. starting Monday, August 25. The official ribbon cutting event is scheduled for Thursday, September 18 from 4:00 pm to 6:00 pm and will […] - [TBA Credit Union Supports Traverse City Area Public Schools with Annual Donation](https://thecreditunionconnection.com/tba-credit-union-supports-traverse-city-area-public-schools-with-annual-donation/): In a continued effort to support the education of local students, TBA Credit Union (TBACU) has donated its annual contribution to Traverse City Area Public Schools (TCAPS) for $16,100. This year’s donation will directly support every elementary student in the district by providing dry-erase board markers for classroom use.  Funds will also provide students’ opportunities through the Learning, Enrichment, & Athletic Program (LEAP) and sponsor static and digital signage at Thirlby Field.  “Supporting education is at the heart of our mission,” said Karen Browne, President and CEO of TBA Credit Union. “By providing students the tools they need to learn and thrive, […] - [TopLine Members are Recipients of LendKey and Member Student Lending Scholarships](https://thecreditunionconnection.com/topline-members-are-recipients-of-lendkey-and-member-student-lending-scholarships/): Four TopLine members were awarded $2,000 each to help support the costs of higher education In its second year, LendKey and Member Student Lending awarded $22,000 in scholarships to support college students seeking higher education. Through TopLine Financial Credit Union‘s partnership with Member Student Lending, a credit union only cooperative student lending network that provides loans for students at more than 700 schools in 47 states, and LendKey the digital lending network, TopLine can offer members access to private student loans to help students and/or parents afford the costs of higher education. As well as provide options to refinance current student loans to lower interest rates and payments. Member […] - [SchoolsFirst Federal Credit Union Receives Four National Awards for Financial Education Initiatives from Credit Union Financial Education Network](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-receives-four-national-awards-for-financial-education-initiatives-from-credit-union-financial-education-network/): SchoolsFirst Federal Credit Union received four national awards for its financial education initiatives from the Credit Union Financial Education Network (CUFEN). Presented during the CUFEN annual conference held July 28 – 30 in Philadelphia, PA, CUFEN equips credit union industry professionals with resources, guidance and leadership to provide financial opportunities for all age groups. SchoolsFirst FCU received awards in the following categories: “Our teams’ work tirelessly to reach both youth and adults through our financial education programs which remains an important part of our mission,” said Josh Smith, vice president, school and community relations for SchoolsFirst FCU. “Being recognized by […] - [World Council of Credit Unions Makes Paul Treinen its Permanent President and CEO](https://thecreditunionconnection.com/world-council-of-credit-unions-makes-paul-treinen-its-permanent-president-and-ceo/): WOCCU Board removes “interim” tag after seeing impressive leadership of the organization The person who guided World Council of Credit Unions (WOCCU) through one of the most turbulent times in its history will now get to lead the organization into the future, with the Board of Directors on Monday officially naming Paul Treinen as permanent President and CEO. Treinen took over that role on an interim basis in April and has since helped WOCCU navigate the financial turmoil caused by the termination of USAID’s international development funding; worked with the Board to establish a new strategy that emphasizes core trade association activities such as […] - [Discovery Federal Credit Union Partners with ProBerco to Bring Smiles and Sweet Treats with Ice Cream Truck Event](https://thecreditunionconnection.com/discovery-federal-credit-union-partners-with-proberco-to-bring-smiles-and-sweet-treats-with-ice-cream-truck-event/): This summer, Discovery Federal Credit Union celebrated its commitment to the community by hosting a very special free ice cream event for the employees and the individuals they serve at the local nonprofit, ProBerco (formally Prospectus Berco). To make the day extra sweet, Discovery FCU partnered with Way-Har Farms to bring their ice cream truck to ProBerco’s main campus, where enthusiastic Discovery employees scooped ice cream, added toppings, and connected with attendees. The event created a joyful atmosphere and offered a sweet treat to everyone in attendance. In addition to the ice cream celebration, Discovery FCU proudly donated $1,500 to […] - [United Named a 2025 Best Credit Union to Work For](https://thecreditunionconnection.com/united-named-a-2025-best-credit-union-to-work-for/): Empowering People, Leading Culture, and Building Futures United Federal Credit Union (United) is proud to announce its recognition as one of the 2025 Best Credit Unions to Work For, a prestigious honor awarded by American Banker in partnership with Best Companies Group. This annual program celebrates credit unions that excel in workplace culture, employee satisfaction, and organizational impact. This year’s list includes sixty-eight credit unions across the United States, ranging from Southwest Financial in Texas with 29 employees and $85 million in assets, to Golden 1 Credit Union in California with 2,149 employees and $20 billion in assets. “We’re honored to […] - [Wheelhouse Credit Union Honors San Diego County First Responders with 2025 Badge of Honor Scholarships](https://thecreditunionconnection.com/wheelhouse-credit-union-honors-san-diego-county-first-responders-with-2025-badge-of-honor-scholarships/): Scholarship Program Supports Children of San Diego County First Responders Wheelhouse Credit Union (Wheelhouse) has awarded six $1,000 “Badge of Honor” Scholarships to college-bound students to honor the heroic efforts of San Diego County’s first responders and their families.  In the sixth year of the Badge of Honor program, scholarships were awarded to rising college freshmen with a parent/grandparent/legal guardian who is an active member of law enforcement, fire protection service, healthcare or EMT in San Diego County.  “We are deeply grateful to San Diego’s first responders, and we’re honored to recognize the next generation of their families through our Badge of […] - [MSUFCU Puts Its Mission into Action, Uniting Community and Commerce at Signature Events](https://thecreditunionconnection.com/msufcu-puts-its-mission-into-action-uniting-community-and-commerce-at-signature-events/): This month, MSU Federal Credit Union (MSUFCU) took a hands-on approach to its mission of community empowerment, bringing together hundreds of people for two impactful events: The Culture of Finances Financial Forum and the Black Business Expo. The events, held Aug. 2 and Aug. 3, focused on providing tangible resources and support to individuals and small businesses. The Culture of Finances is a community outreach financial literacy program launched by MSUFCU in 2023. It has supported more than 200 graduates in achieving financial literacy and freedom through a 12-week program. The Financial Forum was an opportunity for graduates to continue growing their financial […] - [30 Local Teachers Get Wishes Granted by Robins Financial Credit Union](https://thecreditunionconnection.com/30-local-teachers-get-wishes-granted-by-robins-financial-credit-union/): Robins Financial Credit Union recently donated over $54,000 to thirty local teachers through their 4th Annual GRANTED program. The credit union believes that a bright future starts with a solid education. That’s why they created their GRANTED program in 2022 to help alleviate some of the financial burden teachers may face in their effort to educate and engage their students. Educators who teach grades K-12 at schools located within one of the credit union’s 45-county service areas were eligible to apply. If selected, recipients receive classroom supplies or monetary donations to purchase items from their classroom wish lists. Please join the […] - [SchoolsFirst Federal Credit Union Donates 3,200 Backpacks Throughout California](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-donates-3200-backpacks-throughout-california/): SchoolsFirst Federal Credit Union delivered 3,200 backpacks filled with school supplies—including pencils, erasers, notebooks, and other classroom essentials—to 13 county offices of education throughout California, including the Sacramento County Office of Education (SCOE). In an effort to serve students in this area, SchoolsFirst FCU delivered 400 backpacks and 150 hygiene kits and non-perishable food items for students in the countywide homeless services program Project Teach, which helps students access education, transportation and its Foster Youth Services, which provides training and advocacy to improve academic outcomes. SchoolsFirst FCU delivered backpacks and school supplies to the following counties: Lassen, Los Angeles, Nevada, Orange, Placer, […] - [Gather Federal Credit Union Launches GatherFLEX, First in Hawai'i](https://thecreditunionconnection.com/gather-federal-credit-union-launches-gatherflex-first-in-hawaii/): Hawai’i credit union partners with equipifi to provide greater financial flexibility and an elevated banking experience to members by offering Buy Now, Pay Later on their debit card purchases Gather Federal Credit Union (Gather FCU), a financial institution with over $881 millionin assets and serving over 39,000 members in Hawai’i, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products. Named GatherFLEX, this is the first BNPL product offered by a credit union in the state of Hawaiʻi and will help strengthen the financial wellness of its communities by giving them greater flexibility in […] - [Black Dragon Capital℠ Invests in Open Banking Solutions and PayOnward, FinTechs Tailored to Drive Innovation and Eliminate Obsolete Infrastructure for Credit Unions](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-invests-in-open-banking-solutions-and-payonward-fintechs-tailored-to-drive-innovation-and-eliminate-obsolete-infrastructure-for-credit-unions/): Team of veteran FinTech leaders – including the Former Chair and CEO of Open Solutions, which created the DNA Core System, and Founder of Payveris – partner with leading credit unions to create Open Banking Solutions, a full-featured cloud-based core banking platform offering a powerful alternative to legacy infrastructure, and PayOnward, an AI-driven digital payment platform built for Credit Unions and Community-Based Financial Institutions Black Dragon Capital℠ (“Black Dragon”) — a multi-phased global investment partner which focuses on advanced technology that addresses the most significant issues industries face — has invested in two financial solutions that can help credit unions […] - [SECU Foundation Awards $300,000 Grant to Legal Aid of NC to Expand Services in Rural Areas](https://thecreditunionconnection.com/secu-foundation-awards-300000-grant-to-legal-aid-of-nc-to-expand-services-in-rural-areas/): SECU Foundation recently announced a $300,000 grant to Legal Aid of NC (LANC). The funding will support the software development and statewide implementation of its Innovation Lab, helping to bridge the rural-urban divide for access to legal services in rural North Carolina communities. Since 2001, LANC has provided free, high-quality legal services to low-income individuals in civil matters. According to LANC, one-third of North Carolina counties are considered legal deserts, or having fewer than one attorney per 1,000 residents. In 2023, LANC managed over 25,000 cases and assisted more than 65,000 individuals in understanding their legal rights. With the Innovation Lab, LANC […] - [OneAZ Credit Union Awards 2025 Community Impact Grants to 48 Nonprofits Across Arizona](https://thecreditunionconnection.com/oneaz-credit-union-awards-2025-community-impact-grants-to-48-nonprofits-across-arizona/): Annual grant program delivers $240,000 in funding to organizations building stronger communities OneAZ Credit Union is excited to announce the recipients of its 2025 Community Impact Grants— awarding an incredible $240,000 in funding to 48 nonprofit organizations making a difference across Arizona. “This year’s Community Impact Grant recipients reflect the heart of Arizona,” said Robert Raygoza, Executive Director of the OneAZ Community Foundation. “These nonprofits are leading powerful, people-first efforts that make our state stronger every day. At OneAZ, we believe in walking alongside them—supporting their missions and investing in long-term community growth.” These grants help nonprofits turn hope into […] - [Innovation Incubator at VISION 2025 Crowns Casap as Top Innovator](https://thecreditunionconnection.com/innovation-incubator-at-vision-2025-crowns-casap-as-top-innovator/): The League of Credit Unions & Affiliates was proud to feature the return of the Innovation Incubator at this year’s VISION Conference, held August 18 – 20, at The Grand Hotel Golf Resort & Spa in Point Clear, Alabama. Presented by FiLab at the Filene Research Institute, the Innovation Incubator provided a dedicated space for breakthrough ideas and technology to be showcased directly to credit union leaders. This year’s winning innovation was Casap. The high-energy, hands-on experience featured five solution providers from FiLab’s testing cohort, a major pillar of Filene Research Institute’s innovation work. Throughout the conference, attendees had the […] - [Candescent Offers Digital Onboarding First with Configurable Experiences](https://thecreditunionconnection.com/candescent-offers-digital-onboarding-first-with-configurable-experiences/): With intelligent templates and post-open workflows, Candescent Terafina empowers FIs to drive conversions through speedy account opening Today, Candescent announced a major advancement within its market-leading account opening and onboarding platform, Candescent Terafina – giving banks and credit unions unprecedented control over the entire account opening experience. With new intelligent templates, financial institutions can now more precisely define what happens before and after an account is opened, delivering more successful, personalized and compressed onboarding journeys. With nearly one in four consumers (23%) opening a new financial account at least once per year, offering fast, intuitive account opening capabilities is critically important. In […] - [Three Credit Unions Announce New Hires; Greylock FCU Celebrates 2025 Summer Interns](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-greylock-fcu-celebrates-2025-summer-interns/): A few credit unions, including United Federal Credit Union and Tucoemas Federal Credit Union have announced new additions to their teams, and Greylock Federal Credit Union celebrated the completion of its 2025 Summer Internship Program. New Hires: Recognitions: Promotions: Appointments: - [California Credit Union League Becomes California’s Credit Unions](https://thecreditunionconnection.com/california-credit-union-league-becomes-californias-credit-unions/): New Name and Brand Identity Reflect 91 Years of Progress and a Bold Vision for the Future The California Credit Union League announced today it has been rebranded as California’s Credit Unions. The new name reflects a renewed commitment to representing and championing more than 245 credit unions that serve 14.2 million Californians. Founded in 1933 with just 25-member credit unions, the organization has grown into a powerful network dedicated to helping credit unions change people’s lives. Over nine decades, it has navigated economic shifts, legislative challenges, and industry changes while staying true to its mission of protecting, promoting, and advancing […] - [TEXAS YES Project Gets Helping Hands from Greater Texas Credit Union](https://thecreditunionconnection.com/texas-yes-project-gets-helping-hands-from-greater-texas-credit-union/): The TEXAS YES Project’s Little Lockers will be well stocked this fall with new books and arts and crafts for elementary age children. The Little Lockers make books and resources available to students in deserving communities, giving them access to age-appropriate books to encourage a love for reading. The TEXAS YES Project has 53 Little Lockers in Austin, San Antonio, Corpus Christi, and Dallas. The Lockers are often sponsored by local businesses and community organizations and placed in areas of need in communities without a local library. Employees from Greater Texas Credit Union took on the task of sorting and preparing an assortment of […] - [Addition Financial Credit Union Opens Student-Run Branch at Apopka High School](https://thecreditunionconnection.com/addition-financial-credit-union-opens-student-run-branch-at-apopka-high-school/): Addition Financial Credit Union and Orange County Public Schools (OCPS) celebrated the grand opening of a new student-run Addition Financial branch at Apopka High School, marking the credit union’s 12th high school branch in Central Florida and the 7th within OCPS. Addition Financial’s High School Branch Program provides students with hands-on financial education and money management skills. Selected Apopka High School students receive in-depth training from the credit union to prepare them to fully staff and operate the branch, located on campus. “Apopka High School is excited about having an Addition Financial branch on our campus. This partnership brings opportunity […] - [American Heritage Credit Union Named a Best Credit Union to Work for in 2025](https://thecreditunionconnection.com/american-heritage-credit-union-named-a-best-credit-union-to-work-for-in-2025/): Proudly Recognized by American Banker as a Best Credit Union to Work for Since 2019 American Heritage Credit Union (“American Heritage”) has again been named a Best Credit Union to Work For by American Banker in 2025. American Heritage was one of 68 credit unions throughout the country to be named to this prestigious list, placing within the top 50. This is the seventh year in a row that American Heritage has been recognized on this list. American Banker created this list with the consulting group Best Companies Group. Two surveys were conducted to assess credit unions. The first was given to the […] - [First Harvest Credit Union Hosts Second Annual Free Community Shredder Event](https://thecreditunionconnection.com/first-harvest-credit-union-hosts-second-annual-free-community-shredder-event/): Credit Union’s Deptford Location Will Host September Community Event First Harvest Credit Union (“First Harvest”) is hosting its upcoming Shredder Event on September 20, 2025, at its Deptford Corporate Center from 9:00 AM to 12:00 PM. This free event is open to the community and First Harvest members, offering a secure method for disposing of documents and files to keep personal and financial information safe. First Harvest is hosting the well-loved community Shredder Event for the second year in a row to continue reinvesting in the Southern New Jersey community as a part of its 85 Acts of Kindness initiative […] - [GLCU Hosts Community Celebration and Ribbon-Cutting Event with Vermilion Advantage and Local Dignitaries](https://thecreditunionconnection.com/glcu-hosts-community-celebration-and-ribbon-cutting-event-with-vermilion-advantage-and-local-dignitaries/): Great Lakes Credit Union (GLCU) is thrilled to announce the grand opening of its new Danville branch, marking an exciting expansion into Vermilion County! To celebrate this milestone, the credit union is hosting a grand opening celebration and ribbon-cutting ceremony, and everyone is welcome! Participating in the ribbon-cutting ceremony will be Vermilion Advantage chamber of commerce staff, chamber businesses, local dignitaries, and GLCU leadership.  Date: Thursday, August 21  Time: 12:00-2:00 pm.  Location: Great Lakes Credit Union 323 N. Gilbert St, Danville, Illinois 61832 Join GLCU for a fun-filled afternoon as the credit union welcomes the community with a live radio […] - [Climb Credit Union Invests in Student Success with$50,000 Donation and Volunteer Support for PBLA](https://thecreditunionconnection.com/climb-credit-union-invests-in-student-success-with50000-donation-and-volunteer-support-for-pbla/): Climb Credit Union proudly continued its long-standing support of the Porter-Billups Leadership Academy (PBLA) by contributing $50,000 at the organization’s 2025 Annual Charity Golf Tournament. As part of the $50,000 donation, an additional $50,000 was raised through Climb matching other donor contributions, doubling the total financial impact to $100,000. Climb’s involvement with PBLA reflects more than just a financial commitment — it represents a deep investment in youth development. This summer, Climb provided 45 laptops, taught financial literacy classes to students, and devoted more than 100+ hours of hands-on volunteer work during the three-week program. These resources were vital in […] - [Continuing to Share the Difference](https://thecreditunionconnection.com/continuing-to-share-the-difference/): Nick Wodogaza, Founder, CUs Together First, I love to recognize how credit unions success in serving members has created such a positive environment as more people continue joining credit unions. The number of members we serve has grown to now exceed 142 million consumers!  It is therefore notable this message recognizes a challenging period when virtually every credit union unfortunately had to turn-away people who wanted to join their credit union.  With August 7th, we recognize the 27th anniversary of H.R. 1151– the Credit Union Membership Access Act.  For the credit union movement, it has been 27 years since we […] - [Velera Drives Stablecoin and Digital Asset Solutions Exploration for Credit Union Industry](https://thecreditunionconnection.com/velera-drives-stablecoin-and-digital-asset-solutions-exploration-for-credit-union-industry/): CUSO announces new Digital Asset Lab In response to the rapidly evolving stablecoin market and shifting regulatory landscape, Velera has launched its Digital Asset Lab. This collaborative initiative will help position credit unions as leaders in the stablecoin and digital asset space through industry engagement, education, strategic partnerships and pilot programs.  “Stablecoins, which combine the speed of digital payments with the stability of traditional currency, are emerging to be a potentially pivotal force in global finance,” said Vladimir Jovanovic, vice president of Innovation, Velera. “As major financial institutions, fintechs and global retailers explore opportunities with stablecoins, it is vital for credit […] - [Members First CU Ranks Among Top 50 Best Credit Unions to Work For in 2025](https://thecreditunionconnection.com/members-first-cu-ranks-among-top-50-best-credit-unions-to-work-for-in-2025/): Members First Credit Union has been named one of American Banker’s Best Credit Unions to Work For in 2025, marking the third consecutive year the credit union has received the national recognition.  The annual list, compiled by American Banker in partnership with Best Companies Group, honors credit unions that go above and beyond to foster a positive workplace culture. Rankings are based on an in-depth assessment of workplace policies and practices, and feedback from employees.  Members First ranked No. 33 on the list, with employee survey results highlighting high levels of satisfaction and engagement:  · 94% of employees said they […] - [VISION 2025 Brings Innovation and Insight to the Forefront of Financial Services](https://thecreditunionconnection.com/vision-2025-brings-innovation-and-insight-to-the-forefront-of-financial-services/): Today, The League of Credit Unions & Affiliates concluded its third annual VISION Conference at The Grand Hotel Golf Resort & Spa in Point Clear, Alabama. With more than 200 in attendance, VISION 2025 delivered three days of forward-thinking sessions, cutting-edge solutions, and meaningful engagement designed to prepare the movement for the future of financial services. The conference opened with a dynamic presentation from Brent Dixon, Founder of Dixon Strategic Labs, who introduced attendees to the next wave of artificial intelligence (AI) through the use of autonomous AI agents. His session provided a strategic framework for how credit unions can evaluate […] - [First Financial Donates to Local Schools and Teachers of the Year at Delmarva Shorebirds Teacher Appreciation Night](https://thecreditunionconnection.com/first-financial-donates-to-local-schools-and-teachers-of-the-year-at-delmarva-shorebirds-teacher-appreciation-night/): First Financial Federal Credit Union honored representatives from each Delmarva school system with a $500 check and gift baskets for their respective Teachers of the Year at the Delmarva Shorebirds Teacher Appreciation Night held on September 5th. This is the third consecutive year the Credit Union has sponsored the event, held at Franklin P. Perdue stadium, recognizing the important work of educators in the Delmarva region. First Financial donated to each local school system, including: Accomack, VA; Caroline, MD; Delmar, DE; Dorchester, MD; Queen Anne’s, MD; Somerset, MD; Talbot, MD; Wicomico, MD; and Worcester, MD for a combined total of $4,500. […] - [Key Mortgage Launches New Affinity Channel To Empower Credit Union & Community Bank Partnerships](https://thecreditunionconnection.com/key-mortgage-launches-new-affinity-channel-to-empower-credit-union-community-bank-partnerships/): Through the program, institutions can expand mortgage offerings, strengthen client loyalty, and grow revenue, without added overhead Chicago-based Key Mortgage Services, Inc., an independent, family-owned mortgage provider and part of the Baird & Warner family of companies, proudly announces the launch of Key Mortgage Affinity, a new initiative aimed at strengthening partnerships with credit unions and community banks by seamlessly integrating advanced mortgage capabilities into their existing offerings. Through Affinity, Key Mortgage provides end-to-end support including loan origination, processing, underwriting, closing, and personalized borrower guidance, all while keeping the partner’s brand front and center. In addition to mortgage, the program also […] - [BrightBridge Credit Union to Host Shred Day for Community Members](https://thecreditunionconnection.com/brightbridge-credit-union-to-host-shred-day-for-community-members/): The event will take place at the institution’s three corporate locations On Saturday, Sept. 20, BrightBridge Credit Union (BrightBridge) will host a community Shred Day from 9:00 a.m. to 12:00 p.m. at its Lawrence, Waltham and Bridgewater locations.  Members of the credit union and the community at large are invited to bring outdated or unwanted documents with sensitive information. This includes documents containing a signature, account number, social security number or medical or legal information that is no longer necessary to retain. Proper disposal of documents is imperative to protecting private personal information from identity thieves and BrightBridge is committed […] - [MSUFCU Desk Drawer Foundation Donates $30,000 to Community Organizations](https://thecreditunionconnection.com/msufcu-desk-drawer-foundation-donates-30000-to-community-organizations/): The MSUFCU Desk Drawer Foundation (DDF), the philanthropic arm of MSU Federal Credit Union (MSUFCU), recently awarded $30,000 in grants to Chicago Voyagers, Concordia Place, the Mosaic Film Experience, Racquet Up Detroit, and the Zekelman Holocaust Center. “We are proud to announce a new round of grants to support community-based nonprofits that are driving meaningful change through the arts, youth empowerment, and entrepreneurship,” said Rebecca Surian, Foundation Executive Director. “These nonprofit organizations exemplify dedication and innovation, and we are confident these funds will help amplify their efforts and deepen their impact in our communities.” Established in 2019, the Foundation is committed to […] - [MANTL Clients Raise Over $3 Billion in Deposits From Existing Banking Relationships in Six Months](https://thecreditunionconnection.com/mantl-clients-raise-over-3-billion-in-deposits-from-existing-banking-relationships-in-six-months/): This milestone underscores how financial institutions can unlock cost-effective, sustainable growth by deepening customer and member relationships with MANTL MANTL today announced that its clients raised over $3B in deposits with existing banking relationships in the first half of 2025. This achievement highlights the significant opportunity financial institutions have to achieve low-cost, sustainable growth by strengthening customer and member relationships and driving banking primacy with omnichannel account opening technology. In just six months, MANTL clients opened nearly 130,000 deposit accounts from existing customers and members, with an average funding amount exceeding $24,000. Notably, nine institutions generated more than $100 million in deposits […] - [Chimney Debuts Property Intelligence at FinovateFall 2025: The Modern Growth Engine for Real Estate Lending](https://thecreditunionconnection.com/chimney-debuts-property-intelligence-at-finovatefall-2025-the-modern-growth-engine-for-real-estate-lending/): Two-time Finovate Best of Show winner unveils unified data platform that empowers financial institutions to access, analyze, and act on property data to win and retain more home loans. Chimney™, a two-time Finovate Best of Show winner, debuted its groundbreaking Property Intelligence platform at FinovateFall in New York City. Built for banks, credit unions, and fintechs, the platform turns fragmented property data into a unified growth engine that helps institutions win and retain more home loans. U.S. homeowners hold approximately $17.8 trillion in home equity—$11.6 trillion considered “tappable”—yet only 0.41% of available tappable equity was accessed in Q1 2025. As traditional lenders lose […] - [Celebrate Community and Culture at LAFCU Heritage Fest – Sept. 26 in West Lansing](https://thecreditunionconnection.com/celebrate-community-and-culture-at-lafcu-heritage-fest-sept-26-in-west-lansing/): A free day of music, food, and family fun to honor diversity and bring neighbors together The world needs a little more connection right now, and LAFCU is answering the call with LAFCU Heritage Fest, a free community celebration Friday, Sept. 26, from 11 a.m. to 4 p.m. at the credit union’s main branch, 106 N. Marketplace Blvd., West Lansing. The event showcases the rich cultural diversity of the Lansing region through music, dance, food, and family-friendly activities. Guests can enjoy live performances by Worship Without Words dance group, Fantasia Ballet Folklorico, and local R&B/soul artist Mikeyy Austin. Entertainment also […] - [NCUA's Automated Cybersecurity Evaluation Tool (ACET) Update is Available for Download](https://thecreditunionconnection.com/ncuas-automated-cybersecurity-evaluation-tool-acet-update-is-available-for-download/): The NCUA updated the ACET application, which is available for download from the NCUA website. The ACET assists credit unions in assessing their defenses against cybersecurity attacks and aligns with the National Institute of Standards and Technology Cybersecurity Framework 2.0. Credit unions of all sizes remain targets of both cybercriminals and foreign nations that intend to cause harm to U.S. critical infrastructure, especially the financial services sector. The NCUA encourages credit unions to use the ACET application to assess cybersecurity preparedness levels. ACET has been tailored specifically for credit unions and includes a user-friendly application interface, enhanced reporting features, and supplementary information. The NCUA will continue […] - [Hawaii State FCU Celebrates Grand Opening Of Keʻeaumoku Branch](https://thecreditunionconnection.com/hawaii-state-fcu-celebrates-grand-opening-of-ke%ca%bbeaumoku-branch/): Hawaii State Federal Credit Union (Hawaii State FCU) celebrated the grand opening of its Keʻeaumoku Branch, located at 818 Keʻeaumoku Street at the base of the HMSA headquarters. The branch represents the final step in the successful merger with the HMSAEmployees’ Federal Credit Union (HMSA EFCU), which was finalized earlier this year. “The Keʻeaumoku Branch is a meaningful addition to our network because of its history as the home branch for HMSA employees and their families for more than 64 years,” said Reid Hinaga, senior vice president and retail delivery division manager of Hawaii State FCU. “Today we not only celebrate a new […] - [Illinois Credit Unions to be Honored at 2025 Annual Convention with State Level America's Credit Unions Awards](https://thecreditunionconnection.com/illinois-credit-unions-to-be-honored-at-2025-annual-convention-with-state-level-americas-credit-unions-awards/): The Illinois Credit Union League (ICUL) is proud to announce the winners of the 2025 state-level America’s Credit Unions Awards. These awards honor Illinois credit unions for their outstanding work in financial education, social responsibility, and for embodying the credit union philosophy of “people helping people.” The winners will be recognized and celebrated at the ICUL Annual Convention Celebration Lunch on Friday, October 24, 2025, at the Hilton Chicago. The America’s Credit Unions Awards recognize the powerful impact credit unions have on their members and communities. The three categories for recognition are: “The dedication Illinois credit unions show in serving […] - [TruStage™ Ventures to Expand Portfolio with Intentional Investments in Veteran-Owned Startups](https://thecreditunionconnection.com/trustage-ventures-to-expand-portfolio-with-intentional-investments-in-veteran-owned-startups/): Now Accepting Applications from Veteran Founders Driving Fintech Innovation Through the TruStage Discovery Fund  TruStage™ Ventures, the venture capital arm of industry-leading insurance and financial services provider TruStage, today announced an expansion of eligibility in its Discovery Fund portfolio to include veteran-founded startups.   “We recognize veterans as a powerful yet underfunded force in driving innovation and community-first solutions. This expansion is an exciting next step in our mission to back bold leaders who are shaping the future of financial services,” said Elizabeth McCluskey, Managing Director of the Discovery Fund. “This will strengthen our ability to not only meet veterans’ financial […] - [Delta Community Receives Jack Henry Cobalt Award](https://thecreditunionconnection.com/delta-community-receives-jack-henry-cobalt-award/): Credit union directs $10,000 in prize money to PAWKids Delta Community Credit Union has received the Jack Henry Cobalt Award in the “Barrier Breaker” category, which recognizes financial institutions that have used Jack Henry’s software and services to help families overcome challenges to their financial health. As part of the award, Jack Henry will donate $10,000 to a nonprofit of the recipient’s choice. Delta Community selected PAWKids, an organization that offers health and human services, and educational resources to metro Atlanta families. “We are honored to receive this recognition from Jack Henry given their reputation as an industry-leading financial technology company as well as a long-time partner that Delta Community has relied on […] - [TFCU’s Prospective Leaders Program Builds Career Paths from Within](https://thecreditunionconnection.com/tfcus-prospective-leaders-program-builds-career-paths-from-within/): Free Leadership Course helps qualified employees advance their careers While professionals across Southern Arizona have their choice of professional development programming and webinars, some employees at Tucson Federal Credit Union (TFCU) are already five months into a leadership program built into their actual workplace. Founded in 2011, TFCU’s Prospective Leaders Program (PLP) is a multi-year, in-house development track designed to cultivate emerging leaders at every level of the organization. From member advocates to analysts, participants stretch their skills, can shape real business strategies, and experience the kind of growth that goes far beyond promotions. PLP is grounded in a clear […] - [Envision Credit Union Members Approve Merger with Addition Financial Credit Union](https://thecreditunionconnection.com/envision-credit-union-members-approve-merger-with-addition-financial-credit-union/): Addition Financial Credit Union and Envision Credit Union announced today that Envision’s membership has voted overwhelmingly in favor of the proposed merger between the two award-winning financial institutions. The membership vote, along with previous regulatory approval, paves the way for the legal merger to go into effect on October 1, 2025. The majority of ballots cast by Envision Credit Union members affirmed the strategic partnership that brings together two credit unions with a combined 159 years of serving their communities. A New Chapter Founded in 1937 and 1954 respectively, Addition Financial, based in Lake Mary, Florida, and Envision, based in […] - [Johns Hopkins Federal Credit Union Welcomes Kris Callahan as Vice President of People & Culture](https://thecreditunionconnection.com/johns-hopkins-federal-credit-union-welcomes-kris-callahan-as-vice-president-of-people-culture/): Johns Hopkins Federal Credit Union (JHFCU) is proud to announce the appointment of Kris Callahan as its new Vice President of People & Culture. “We are thrilled to have Kris Callahan join the Johns Hopkins Federal Credit Union leadership team as vice president of people and culture,” said Keith C. O’Neil, Jr., President/CEO of JHFCU. “With over 15 years of experience, Kris brings a strong expertise in leadership development and organizational transformation, as well as a passion for creating inclusive and supportive workplaces. We look forward to the positive impact his leadership will have as we continue to shape a […] - [Fighting for Small Credit Unions: Scott Prior on Collaboration, Advocacy, and Refusing to Stay Silent](https://thecreditunionconnection.com/fighting-for-small-credit-unions-scott-prior-on-collaboration-advocacy-and-refusing-to-stay-silent/): “Silence doesn’t mean agreement, it just means I’m not comfortable yet.” Scott Prior doesn’t do comfortable. That much becomes obvious within the first few minutes of his conversation with Sarah Snell Cooke on The Credit Union Connection. He’s the kind of CEO who will call out bad vendor contracts, question the merger mania sweeping the industry, and still make time to build a program that helps people leaving prison rebuild their financial lives. Small credit unions might be dismissed as too little to matter by some, but Scott’s energy flips that assumption on its head. Attend The Underground: Collision of […] - [Before You Redesign in 2026: The Largest Proven Dataset on Credit Union Website Design](https://thecreditunionconnection.com/before-you-redesign-in-2026-the-largest-proven-dataset-on-credit-union-website-design/): Derik Krauss, Co-Founder, MetriFi This analysis presents findings from 75 A/B tests conducted on credit union websites. It identifies design patterns that improved conversions across homepages, product pages, lead forms and application flows. These results offer a rare, data-backed view into effective credit union website design. They show what causes real users to convert, providing an evidence-based foundation for teams preparing for redesigns in 2026. Each section below cites test IDs. These serve as evidence from our data set to support the recommendations. While sharing all our tests is outside the scope of this article, I invite you to reach […] - [Algebrik AI and Housetable Announce Strategic Partnership and Advisory Engagement](https://thecreditunionconnection.com/algebrik-ai-and-housetable-announce-strategic-partnership-and-advisory-engagement/): Algebrik AI today announced a strategic partnership with Housetable, a fast-growing platform dedicated to digital renovation lending. The collaboration combines two complementary products to help financial institutions expand their credit offerings, deliver member-first experiences, and simplify operations. A Partnership Built on Product Strengths At the core of this partnership is the integration of Algebrik One’s digital loan origination system with Housetable’s renovation-focused lending platform. Together, the two companies will enable lenders to: Why This Matters for Lenders and Members The lending market is shifting as members seek more flexible ways to finance home improvements without refinancing their entire mortgage. Renovation HELOCs answer this need, […] - [Wright-Patt Credit Union® Members Save Over $2.3 Million Through Save to Win Program](https://thecreditunionconnection.com/wright-patt-credit-union-members-save-over-2-3-million-through-save-to-win-program/): Gamified savings initiative empowers credit union members to build financial resilience and win cash prizes. CUSG’s nationwide prize-linked savings program, Save to Win, is proud to celebrate the remarkable success of Wright-Patt Credit Union® (WPCU®), where over 2,700 members collectively saved more than $2.3 million in the program’s first year. By transforming saving into an exciting, engaging, and rewarding habit, Save to Win helped WPCU drive measurable behavior change and deepen member engagement across all financial stages. Launched in April 2024, WPCU’s Save to Win campaign exceeded expectations, resulting in the opening of 2,743 new accounts and the awarding of […] - [DCUC Urges Congressional Action to Empower Credit Unions Alongside Community Banks and to Expand Small Business Capital Access and Support Veteran Entrepreneurs](https://thecreditunionconnection.com/dcuc-urges-congressional-action-to-empower-credit-unions-alongside-community-banks-and-to-expand-small-business-capital-access-and-support-veteran-entrepreneurs/): The Defense Credit Union Council (DCUC) has sent a letter to House Financial Services Committee Chairman French Hill commending his leadership on the Community Banks Deposit Access Act of 2025 while urging similar reforms for credit unions.  In the letter, Jason Stverak, DCUC’s Chief Advocacy Officer, thanked Chairman Hill’s commitment to modernizing outdated regulations that burden community banks and highlighted the parallel need for reforms that would allow credit unions to better serve American families, small businesses, and veterans.  “Whether it’s a community bank in a small town or a credit union on a military base, we’re all striving to […] - [SECU Foundation Awards Peacehaven Farm, Inc. $1 Million for Community Center and Campus Expansion](https://thecreditunionconnection.com/secu-foundation-awards-peacehaven-farm-inc-1-million-for-community-center-and-campus-expansion/): SECU Foundation has awarded Peacehaven Farm, Inc. in Guilford County with a $1 million grant for the construction of a new community center to help support their work for people with Intellectual/Developmental Disabilities (I/DD). The center will be part of a multi-phase expansion that will also include housing, a healthcare clinic, and an expanded farming program. The new community center will increase Peacehaven’s capacity to provide statewide workforce training and education programs, including formal, experiential, and expressive learning opportunities for residents and visitors. The entire facility will incorporate design features to encourage interaction and reduce anxiety for those with I/DD. Established in 2007, […] - [Pasadena Federal Credit Union Appoints Hrach Kahwajian as Chief Financial Officer (CFO)](https://thecreditunionconnection.com/pasadena-federal-credit-union-appoints-hrach-kahwajian-as-chief-financial-officer-cfo/): Pasadena Federal Credit Union (PFCU) is pleased to announce the appointment of Hrach Kahwajian as its new Chief Financial Officer (CFO). Kahwajian brings more than two decades of financial leadership experience across community banking and financial services, positioning him to help guide PFCU’s continued growth, innovation, and member-first commitment.  “Hrach brings an exceptional combination of financial expertise, strategic insight, and a deep commitment to the credit union philosophy,” said James Chang, President & CEO of Pasadena Federal Credit Union. “His proven ability to strengthen financial performance while supporting growth initiatives will be instrumental as we continue expanding our services to […] - [Casap Wins Best of Show at FinovateFall 2025 for AI-powered Disputes Automation and Fraud Prevention Platform](https://thecreditunionconnection.com/casap-wins-best-of-show-at-finovatefall-2025-for-ai-powered-disputes-automation-and-fraud-prevention-platform/): Casap, an AI-powered disputes automation solution and fraud prevention platform, has been awarded Best of Show at FinovateFall 2025, the premier fintech conference showcasing the industry’s most cutting-edge and advanced fintech solutions. Casap stood out for delivering the most comprehensive, end-to-end platform that financial institutions can use to resolve disputes intelligently, reduce fraud losses by half, and rebuild consumer trust at scale. Unlike legacy tools built only to manage dispute workflows, Casap’s platform is the first to solve them. By combining intelligent disputes decisioning, first-party fraud scoring, and network-grade integrations, Casap delivers quick resolutions for honest consumers without losing money to fraudsters. Why Casap Won Best of […] - [United Federal Credit Union Invests in Resilience Through CFAC Savings Match Support](https://thecreditunionconnection.com/united-federal-credit-union-invests-in-resilience-through-cfac-savings-match-support/): United Federal Credit Union (United) is proud to announce its support of the Children & Family Advocacy Center’s (CFAC) Savings Match Program with a $5,000 donation to fund the initiative through the end of 2025. The Savings Match Program is a transformative initiative designed to empower women in CFAC’s long-term residential program as they prepare to transition into independent living. Now in its fourth year, the program supports women in crisis through building financial stability, a crucial step toward resilience.  “United is thrilled to support the Children & Family Advocacy Center and their Savings Match Program,” said Stephanie Riffle, Regional Vice President […] - [Alkami Named Winner of Tearsheet’s Best Banking-as-a-Service Platform Award](https://thecreditunionconnection.com/alkami-named-winner-of-tearsheets-best-banking-as-a-service-platform-award/): Alkami Technology, Inc. has announced it has been named the 2025 winner of Tearsheet’s Best Banking-as-a-Service Platform award. Tearsheet’s premier awards program, The Big Bank Theory Awards, recognizes and celebrates innovation in banking and embedded finance, while acknowledging excellence in customer experience, digital banking, and more. The Alkami Digital Sales & Service Platform is powered by three integrated solutions:  By unifying these capabilities and data in a single platform, Alkami enables financial institutions to deliver on the promise of Anticipatory Banking—predicting account holder needs before they are expressed and acting in the moments that matter most. This intelligence empowers banks […] - [Unitus Community Credit Union President and CEO Named a Herb Wegner Memorial Award Winner](https://thecreditunionconnection.com/unitus-community-credit-union-president-and-ceo-named-a-herb-wegner-memorial-award-winner/): Steven Stapp is one of three to be recognized at National Credit Union Foundation celebration in March 2026 The National Credit Union Foundation has announced that Steven Stapp, President and CEO of Unitus Community Credit Union, will be honored with the Herb Wegner Memorial Award for Outstanding Individual Achievement at the Foundation’s 2026 Awards Dinner. The event will take place on March 2, 2026, in Washington, D.C. The Wegner Awards, established in 1988, are the credit union movement’s highest national honors, recognizing leaders and organizations that embody innovation, impact, and the “people helping people” philosophy. Also being recognized with the award for […] - [Credit Union Industry Leaders Meet to Strengthen Credit Union Movement](https://thecreditunionconnection.com/credit-union-industry-leaders-meet-to-strengthen-credit-union-movement/): Scott Simpson, CEO of California, Nevada, and Utah credit union leagues and incoming President/CEO of America’s Credit Unions (ACU), and Anthony (Tony) Hernandez, President/CEO of the Defense Credit Union Council (DCUC), met over breakfast to discuss the future of the credit union movement. Both Simpson and Hernandez highlighted the opportunities to strengthen communications, expand growth, and advance advocacy as the industry looks ahead. “Although I don’t officially begin my role until November, I appreciate the chance to connect with DCUC early. I know America’s Credit Unions values opportunities to work with all organizations across our industry. By building stronger collaboration […] - [Bay Federal Credit Union Opens New Marina Branch with Month-Long Community Celebration](https://thecreditunionconnection.com/bay-federal-credit-union-opens-new-marina-branch-with-month-long-community-celebration/): Month-long community events feature complimentary treats, food trucks, and member appreciation activities Bay Federal Credit Union is celebrating the grand opening of its newest branch in Marina with a full month of community events. From complimentary treats and giveaways to food trucks and family-friendly activities, the celebration highlights Bay Federal’s commitment to connection, local partnerships, and exceptional service. “Bay Federal strategically chose to build a branch in the beautiful Promenade at The Dunes shopping center in Marina to provide more people in Monterey County access to local banking services,” said Carrie Birkhofer, President and CEO of Bay Federal Credit Union. […] - [Credit Union of New Jersey Selects Timothy Grossman as SVP/CFO](https://thecreditunionconnection.com/credit-union-of-new-jersey-selects-timothy-grossman-as-svp-cfo/): Credit Union of New Jersey has selected Timothy Grossman to serve as its new Senior Vice President/Chief Financial Officer (CFO). “We’re thrilled to welcome Timothy to the senior leadership team,” says Andrew Jaeger, CEO, Credit Union of New Jersey. “His experience driving strategic financial operations for credit unions and expertise in regulatory frameworks coupled with his collaborative approach make Timothy a strong fit. We’re confident that he will help Credit Union of New Jersey achieve its strategic goals and help more people improve their financial lives.” Grossman brings nearly a decade of industry experience to his new role. Most recently, […] - [Connecting the Dots: Empowering People to Drive Digital Innovation](https://thecreditunionconnection.com/connecting-the-dots-empowering-people-to-drive-digital-innovation/): Heather Ristow, SVP/Chief Experience Officer, Corporate Central Credit Union By now, we are all very familiar with the speed of change in technology. Blink, and there’s a new payment method, a different security protocol, or another AI-powered tool promising to change everything. As we work continuously to learn and stay ahead of the curve, it’s important to acknowledge that innovation doesn’t happen just because we plug in new software. It happens when people understand it, embrace it, and run with it. That’s why connecting the dots between technology and human adaptability is more important than ever. Despite nearly every organization […] - [Three Credit Unions Announce New Hires; Eglin Federal Credit Union Recognizes Senior ATM/ITM Operator for 25 Years of Service](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-eglin-federal-credit-union-recognizes-senior-atm-itm-operator-for-25-years-of-service/): Three credit unions, including United Federal Credit Union and Pasadena Federal Credit Union, announced new additions to their teams, and Eglin Federal Credit Union recognized its Senior ATM/ITM Operator for 25 years of service. New Hires: Recognitions: Promotions: Appointments: - [Inclusiv Files Emergency Appeal Regarding CCIA Funds and Expands Support for Affordable Clean Energy Lending](https://thecreditunionconnection.com/inclusiv-files-emergency-appeal-regarding-ccia-funds-and-expands-support-for-affordable-clean-energy-lending/): Inclusiv filed an emergency appeal on Wednesday seeking to overturn the latest decision by the United States Court of Appeals for the District of Columbia. Inclusiv is a plaintiff in the ongoing federal litigation challenging the EPA’s unlawful attempt to terminate the NCIF (National Clean Investment Fund) and CCIA (Clean Communities Investment Accelerator) both part of the Greenhouse Gas Reduction Fund (GGRF).  In a 2-1 opinion written by Judge Rao and joined by Judge Katsas, the majority of the panel ruled that the plaintiffs’ claims pose, in essence, contractual disputes rather than challenges to EPA’s actions in violation of the […] - [Mastercard, NCR Atleos, and ITCARD to Enhance Contactless Experiences at ATMs](https://thecreditunionconnection.com/mastercard-ncr-atleos-and-itcard-to-enhance-contactless-experiences-at-atms/): New innovation allows cardholders to withdraw cash with a mobile device for more seamless, secure and smarter ATM experience. As more people embrace a digital-first lifestyle and leave their physical wallets and bank cards at home, the need for seamless, secure and smarter ATM experiences is more important than ever before. Now, thanks to Mastercard in collaboration with NCR Atleos and ITCARD, cash can be securely withdrawn – and other services accessed – using your phone—no PIN required. Traditionally, ATMs dispensed cash only after users insert or tap cards and enter PINs. In today’s digital-first world, consumers expect faster and […] - [Global Credit Union Foundation Gives $27,500 to Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-gives-27500-to-local-nonprofits/): The Global Credit Union Foundation donated $27,500 to community nonprofits in Arizona, California, and Washington. The donations were part of the Foundation’s 2025 quarterly distribution of funds to its nonprofit partners in areas served by the credit union.  “We partner with nonprofits like these because we recognize the transformative role they play in our communities,” said Noël Gabler, Executive Director, Global Credit Union Foundation. “Their commitment to providing essential services is both inspiring and indispensable, and we are honored to support their missions.” Recipients of funds include: $15,000 to TOGETHER! – TOGETHER! removes barriers by providing accessible, local resources to advance […] - [PenFed Foundation for Military Heroes Raises Over $1 Million for Veterans and Military Community at 22nd Annual Military Heroes Golf Classic](https://thecreditunionconnection.com/penfed-foundation-for-military-heroes-raises-over-1-million-for-veterans-and-military-community-at-22nd-annual-military-heroes-golf-classic/): The PenFed Foundation for Military Heroes is proud to announce it raised over $1 million to support veterans at the 22nd annual Military Heroes Golf Classic on Monday, September 8. “For over 248 years, the brave service members of America’s Armed Forces have fought 12 wars to defend our freedom,” said James Schenck, President/CEO of PenFed Credit Union and CEO of the PenFed Foundation. “The success of our tournament enables us to continue taking care of our nation’s veterans. At PenFed, we never forget.” Tee times began with a remembrance honoring 9/11 victims, their families and our nation’s heroes. “We are thrilled to have […] - [Vertice AI Wins Best of Show Finovate Fall 2025](https://thecreditunionconnection.com/vertice-ai-wins-best-of-show-finovate-fall-2025/): AI-powered platform recognized for empowering institutions with actionable member insights Vertice AI was named Best of Show at this year’s Finovate Fall for its agentic growth solution that provides AI-based personalization recommendations to grow wallet share, reduce churn, and acquire new members. Finovate Fall, one of the industry’s premier fintech conferences, featured more than 60 live product demos from leading technology providers. Presentations highlighted the latest innovations in banking, payments, lending, and digital engagement. Audience members voted for the Best of Show winners, honoring Vertice AI for demonstrating transformative market potential and technical excellence. “Congratulations to Vertice AI on their Best of Show win,” said Greg Palmer, […] - [Apiture Wins 2025 Finovate Awards “Best SMB/SME Banking Solution” ](https://thecreditunionconnection.com/apiture-wins-2025-finovate-awards-best-smb-sme-banking-solution/): Apiture has been recognized as the “Best SMB/SME Banking Solution” at the 2025 Finovate Awards. This program honors the financial institutions and companies driving fintech innovation forward and the individuals bringing new ideas to life. The Apiture Business Banking solution helps community banks and credit unions deliver a modern, intuitive online and mobile experience to businesses of all sizes. Part of the Apiture Digital Banking Platform, the solution combines the ease of use required by the smallest micro-businesses with the advanced features demanded by large commercial clients — including a full suite of cash management tools, payment and transfer options, fraud prevention and security […] - [Defense Credit Union Council Applauds House Passage of NDAA Without CCCA Amendments](https://thecreditunionconnection.com/defense-credit-union-council-applauds-house-passage-of-ndaa-without-ccca-amendments/): The Defense Credit Union Council (DCUC) commended the U.S. House of Representatives for passing H.R. 3838 – Streamlining Procurement for Effective Execution and Delivery and the National Defense Authorization Act (NDAA) for Fiscal Year 2026 without the addition of the controversial Credit Card Competition Act (CCCA) amendments. DCUC has consistently raised concerns that the CCCA—while marketed as a pro-competition measure—would instead force financial institutions to route transactions through potentially less secure, untested, or even foreign-controlled networks. DCUC has emphasized to both houses of Congress the potential for these mandates to undermine consumer protections, increase fraud risks, and pose significant threats […] - [Filene Uncovers Strong Financial Impact for CDFI Credit Unions](https://thecreditunionconnection.com/filene-uncovers-strong-financial-impact-for-cdfi-credit-unions/): CU Strategic Planning contributes to Filene research New research from Filene, “Amplifying Your Credit Union’s Mission: Financial and Community Impacts of Being a CDFI,” illustrates how Community Development Financial Institution-certified (CDFI) credit unions thrive. CU Strategic Planning, the leader in CDFI certification, grant application and strategy for credit unions, contributed research support to the project.  The research covers both quantitative and qualitative analysis. Filene finds that CDFI credit unions experience higher:  The analysis emphasizes that there was no correlating increase in delinquencies nor net charge-offs among CDFI credit unions. Filene also shared impactful programs, best practices and strategies to help […] - [Hanscom FCU Testifies Before Senate: Banking Crisis Threatens Americans' Paychecks, Communities, and National Security](https://thecreditunionconnection.com/hanscom-fcu-testifies-before-senate-banking-crisis-threatens-americans-paychecks-communities-and-national-security/): “This is bigger than banking. This is about paychecks, communities, and the strength of our nation. Our fellow Americans are counting on us.”  Today, during the Senate Banking, Housing, and Urban Affairs Committee hearing, “Evaluating Perspectives on Deposit Insurance Reform,” Hanscom Federal Credit Union President/CEO, Peter Rice, addressed Committee leaders on behalf of all credit unions across America and overseas. Rice warned that implicit protections for the largest banks create dangerous ripple effects—driving deposits away from local financial institutions, starving small businesses of credit, and undermining the defense supply chain.  Read Rice’s testimony here. “When their payroll is at risk, […] - [Addition Financial Foundation Awards $175,000 to Central Florida Nonprofits at 2025 Community Giving Celebration](https://thecreditunionconnection.com/addition-financial-foundation-awards-175000-to-central-florida-nonprofits-at-2025-community-giving-celebration/): The Addition Financial Foundation celebrated the power of community this morning as it awarded $175,000 in unrestricted grants to ten outstanding Central Florida nonprofits during its 4th annual Community Giving Celebration. Hosted at the Addition Financial Arena on the University of Central Florida campus, the event recognized organizations dedicated to strengthening local families, advancing education, and building healthier, more resilient communities. The Addition Financial Foundation, established in 2021, is the philanthropic arm of Lake Mary-based Addition Financial Credit Union. Team members from Addition Financial nominated each of the local 501(c)(3) organizations honored by the Foundation for the work they do to benefit […] - [Ascentra Credit Union Celebrates 75 Years with “10 Days of Giving” Honoring National Nonprofit Day](https://thecreditunionconnection.com/ascentra-credit-union-celebrates-75-years-with-10-days-of-giving-honoring-national-nonprofit-day/): To celebrate National Nonprofit Day on August 17 and its 75th anniversary, Ascentra Credit Union donated $75,000 across 10 nonprofits in the Quad Cities, Clinton and Muscatine areas to mark a legacy of community impact, local giving and partnership. The campaign was announced on Ascentra’s social media channels, featuring the missions and community impact of each nonprofit. Those organizations were: The Gray Matters Collective, Hand in Hand, the Victory Center Rescue Mission, the Martin Luther King Jr. Center, Project NOW, MCSA (the Muscatine Center for Social Action), LULAC (the League of United Latin American Citizens) #10, CASI (the Center for […] - [Affinity Plus Foundation Strengthens Partnership with Kitchen Coalition to Expand Access to Culturally Connected Meals Across Minnesota](https://thecreditunionconnection.com/affinity-plus-foundation-strengthens-partnership-with-kitchen-coalition-to-expand-access-to-culturally-connected-meals-across-minnesota/): Grant funding in partnership with Federal Home Loan Bank of Des Moines helps Kitchen Coalition fight food insecurity across Minnesota As part of its ongoing commitment to supporting local food security, the Affinity Plus Foundation, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), has awarded a $45,000 grant to Kitchen Coalition, a Minnesota-based prepared meal program of Second Harvest Heartland. This grant will help Kitchen Coalition provide “heat and eat” meals to neighbors experiencing food insecurity across Minnesota.  “Everyone deserves to know where their next meal is coming from,” said Jacquie Twedt, Board Chair […] - [Centra Team Member Honored With JACSY Award For Community Service Excellence](https://thecreditunionconnection.com/centra-team-member-honored-with-jacsy-award-for-community-service-excellence/): Centra Credit Union is proud to announce that Centra Branch Development Manager Sehrish Sangamkar has been awarded the prestigious JACSY award by the Jackson County United Way of Indiana. This honor is given to individuals who demonstrate exceptional dedication to serving the Jackson County community through volunteerism, leadership and a spirit of generosity. Fellow Centra Team Member and Jackson County United Way Board Member Katie Hall presented Sangamkar with the award. “I think I can speak for all of us at Centra that we’re incredibly proud of Sehrish and the impact she continues to make in the Jackson County community,” […] - [LEVERAGE Announces Strategic Partnership with Pure IT, Tellerix, and Spider Networks to Strengthen Credit Union Technology Solutions ](https://thecreditunionconnection.com/leverage-announces-strategic-partnership-with-pure-it-tellerix-and-spider-networks-to-strengthen-credit-union-technology-solutions/): LEVERAGE, the service corporation for The League of Credit Unions & Affiliates, is proud to announce strategic partnerships with three industry-leading IT providers—Pure IT, Tellerix, and Spider Networks. This collaboration enhances LEVERAGE’s ability to deliver comprehensive, cutting-edge technology solutions to credit unions across the nation.  In an increasingly complex digital landscape, credit unions face mounting challenges related to cybersecurity, data protection, IT infrastructure, and digital transformation. The partnerships with Pure IT, Tellerix, and Spider Networks represent a powerful alliance focused on equipping credit unions with the tools and expertise they need to remain competitive, secure, and member centric.  “At LEVERAGE, […] - [Consumers Credit Union and Nothing Bundt Cakes Break World Record and Donate $20,000 at Community Cake Walk](https://thecreditunionconnection.com/consumers-credit-union-and-nothing-bundt-cakes-break-world-record-and-donate-20000-at-community-cake-walk/): Consumers Credit Union, in partnership with Nothing Bundt Cakes, hosted a sweet success this past weekend at the Special Olympics Michigan campus, bringing together 659 participants to officially break the world record for the largest cake walk ever held. But the real victory came in the form of community impact, with $20,000 donated to benefit Special Olympics Michigan and the Mental Health Foundation of West Michigan’s – be nice. program.  Held on the Consumers Credit Union track at the Unified Sports and Inclusion Center, the event was a joyful celebration of inclusion, mental health awareness and community spirit. Attendees of […] - [United Federal Credit Union Helps “Strike Out Hunger” to Support Food Bank of Northern Indiana](https://thecreditunionconnection.com/united-federal-credit-union-helps-strike-out-hunger-to-support-food-bank-of-northern-indiana/): United Federal Credit Union (United) spent the summer counting every strikeout for the South Bend Cubs. The reason? For every strikeout the Cubs threw in the 2025 season, United pledged to donate $5 to help the Food Bank of Northern Indiana. “As soon as we saw the chance to support the Food Bank of Northern Indiana through the “Strike Out Hunger” initiative, we didn’t hesitate, we were all in,” said Jacob Alexander, United Senior Market Development Manager. “At United, giving back to our communities is who we are. We’re proud of the work the Food Bank is doing and are […] - [Alkami Launches First-to-Market Research-Backed Digital Banking Conversion Toolkit for Financial Institution Leaders](https://thecreditunionconnection.com/alkami-launches-first-to-market-research-backed-digital-banking-conversion-toolkit-for-financial-institution-leaders/): This toolkit will support financial institutions along their evaluation and implementation journey with templates, actionable resources, and best practices Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) announced the launch of their Digital Banking Conversion Toolkit, a resource hub designed to empower bank and credit union leaders through each stage of their digital banking conversion journey. Switching digital banking platforms is one of the most critical decisions a financial institution will face that encompasses strategy, leadership, and transformation. Backed by market research conducted in partnership with Emerald Research Group, the Digital Banking Conversion Toolkit was built based on the perceptions, experience, insights, and best […] - [Collegiate and Opendorse Partner to Deliver NIL Opportunities and Digital Banking Built for Student-Athletes](https://thecreditunionconnection.com/collegiate-and-opendorse-partner-to-deliver-nil-opportunities-and-digital-banking-built-for-student-athletes/): Collegiate, a digital banking platform created by Michigan State University Federal Credit Union (MSUFCU), and Opendorse recently announced a nationwide opportunity designed for student-athletes to participate in NIL while building healthy money habits. Student-athletes can earn $50 for opening a Collegiate account and sharing a public social media post about their new membership. The opportunity is available to student-athletes who use Opendorse and includes an additional $25 bonus when they withdraw funds from Opendorse to their new Collegiate account. “This partnership shows what is possible when brands get creative to provide opportunities for student-athletes,” said Steve Denton, CEO of Opendorse. “Collegiate is leveraging our […] - [TruStage™ Marks 90 Years of Partnership with the Credit Union Industry ](https://thecreditunionconnection.com/trustage-marks-90-years-of-partnership-with-the-credit-union-industry/): TruStage to Honor Credit Union That Sold Organization’s First Insurance Policy  On Wednesday, September 10, 2025, TruStage™, previously known as CUNA Mutual Group will commemorate its 90th Anniversary, celebrating nearly a century of unwavering commitment to the credit union industry and the members we serve. A commitment that has seen TruStage contribute significant time, treasure and talents to the protection of the Credit Union Industry including recent efforts to preserve the tax-exempt status and maintain the current interchange fee structure.  “This milestone is a reflection of our strong partnership with credit unions across the country and the shared ‘people helping people’ philosophy we were founded upon,” said Terrance Williams, TruStage President and CEO. “We’re honored to have served this […] - [DCUC Provides Official Comments Ahead of Senate Hearing on Deposit Insurance Reform](https://thecreditunionconnection.com/dcuc-provides-official-comments-ahead-of-senate-hearing-on-deposit-insurance-reform/): The Defense Credit Union Council (DCUC) has engaged the Senate Committee on Banking, Housing, and Urban Affairs ahead of the hearing, “Evaluating Perspectives on Deposit Insurance Reform,” reiterating the importance of ensuring small business deposits are adequately protected and that credit unions receive full parity with banks in deposit insurance coverage and emergency authorities.  In a letter to Chairman Tim Scott and Ranking Member Elizabeth Warren, DCUC provided comments ahead of the discussion and commended the Committee for including Hanscom Federal Credit Union’s President & CEO Peter Rice as a key witness on behalf of credit unions and their 144 […] - [Pidgin Celebrates 100 Financial Institution Clients, Cementing Leadership Position in Instant Payments](https://thecreditunionconnection.com/pidgin-celebrates-100-financial-institution-clients-cementing-leadership-position-in-instant-payments/): Pidgin announced it has reached a major milestone, with 100 financial institutions now using its platform to deliver instant payment services to their customers and members. This achievement underscores Pidgin’s position as a leading provider in the expanding instant payments industry, representing the largest market share of U.S. financial institutions. Since its establishment in 2022, Pidgin has experienced extraordinary growth, evolving from a startup with just three pilot clients to serving 100 financial institutions, representing a remarkable 3,166% growth trajectory. The company was among the first service providers to become certified on the Federal Reserve’s FedNow Service, completing comprehensive testing […] - [Wheelhouse Credit Union Awards 2025 Sustainability Scholarships To Five San Diego County Students](https://thecreditunionconnection.com/wheelhouse-credit-union-awards-2025-sustainability-scholarships-to-five-san-diego-county-students/): Annual Scholarships Given to Local Environmental Student Trail Blazers Wheelhouse Credit Union (Wheelhouse) is supporting the next generation of environmental trail blazers by awarding five scholarships of $1,000 each to local college-bound students through its annual Sustainability College Scholarship Program.  A leader in eco-friendly lending and community sustainability initiatives, Wheelhouse recognized five recently graduated high school seniors in San Diego County who demonstrated exceptional leadership, public service, and a desire to make a sustainable difference in their schools and communities. “Our commitment to sustainability includes empowering the next generation of leaders who are dedicated to preserving our beautiful San Diego […] - [TopLine Financial Credit Union Members and Employees Help Youth Prepare for a Successful Back to School Season](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-help-youth-prepare-for-a-successful-back-to-school-season-2/): TopLine’s 22nd annual school supply drive benefits local communities TopLine Financial Credit Union held their 22nd Annual School Supply Drive that benefitted local non-profits, Avenues for Youth, the YMCA of the North Youth and Family Services and Keystone Community Services. TopLine members and employees generously donated a variety of school supplies including notebooks, folders, binders, pencils, crayons, calculators, flash drives, backpacks and more to help youth in our communities get ready for the new school year. TopLine and community members could purchase items from the credit union’s Amazon Wishlist or Target Registry, and have them delivered directly to TopLine, and in […] - [Narmi and Ninth Wave Partner to Deliver Open Finance Capabilities to Community Banks and Credit Unions](https://thecreditunionconnection.com/narmi-and-ninth-wave-partner-to-deliver-open-finance-capabilities-to-community-banks-and-credit-unions/): Today customers demand direct connections between their bank and financial applications. Narmi has partnered with Ninth Wave to offer community banks and credit unions seamless, secure, open finance connectivity. Through this partnership, financial institutions on Narmi’s platform can now offer their business customers a direct connection to their accounting and enterprise planning systems, meeting the growing demand for enterprise open finance. Ninth Wave’s technology provides financial institutions with a standardized, API-first framework that replaces legacy screen scraping and unsafe credential sharing with third-party apps, while allowing customers to retain complete control over their financial data. This improves data security, reduces […] - [Rally the Movement Donations Make New Credit Union Savings and Loan Programs Available in Guatemala, Kenya and Ukraine](https://thecreditunionconnection.com/rally-the-movement-donations-make-new-credit-union-savings-and-loan-programs-available-in-guatemala-kenya-and-ukraine/): Generosity of WFCU Champions allows for continued credit union development in the absence of USAID funding World Council of Credit Unions (WOCCU) in the second quarter of 2025 deployed Rally the Movement funds that led to the issuance of more than $350,000 in small business loans in Ukraine, the development of a pilot savings program for rural women in Guatemala, and training on its SME Lending Methodology for credit union professionals in Kenya. Launched in March 2025 in response to the termination of USAID awards that funded WOCCU development projects, Worldwide Foundation for Credit Unions’ (WFCU) Rally the Movement campaign has raised nearly […] - [Abrigo Expands AI Portfolio to Accelerate Banking Transformation](https://thecreditunionconnection.com/abrigo-expands-ai-portfolio-to-accelerate-banking-transformation/): Abrigo AI suite ushers in a new era of automation for banks & credit unions Abrigo today announced a major expansion of its AI-powered product portfolio to help banks and credit unions move faster and improve accuracy. Powered by Abrigo AI, the new solutions let financial institutions harness generative and adaptive AI while maintaining trust, compliance, and explainability. The AI solutions accelerate knowledge retrieval and processes related to loan origination, financial crime investigations, and regulatory reporting, further strengthening Abrigo’s position as a leader in delivering automation and agentic experiences for financial institutions. “The pace of change in banking has never […] - [Nymeo Federal Credit Union Named One Of The Best Places To Work In Maryland And Among The Best Credit Unions To Work For Nationwide](https://thecreditunionconnection.com/nymeo-federal-credit-union-named-one-of-the-best-places-to-work-in-maryland-and-among-the-best-credit-unions-to-work-for-nationwide/): Nymeo Federal Credit Union is proud to announce that it has been ranked the #2 Best Company to Work for in Maryland by The Daily Record and Best Companies Group. The rankings, revealed on September 3rd at the Baltimore Museum of Art, celebrate employers across the state that excel in creating outstanding workplaces for their employees. This recognition comes on the heels of Nymeo also being named the 12th Best Credit Union to Work For in the United States by American Banker and Best Companies Group. Together, these honors showcase Nymeo’s commitment to fostering a culture where employees feel supported, engaged, and empowered to make a […] - [DCUC and Earnest Consulting Group Reaffirm Strategic Partnership](https://thecreditunionconnection.com/dcuc-and-earnest-consulting-group-reaffirm-strategic-partnership/): The Defense Credit Union Council (DCUC) and Earnest Consulting Group (ECG) have reaffirmed their strategic partnership, furthering their shared mission to support all credit unions and the communities they serve.  This alliance expands resources and advocacy for credit unions, providing innovative solutions, tailored products, and effective industry representation. DCUC President/CEO Anthony Hernandez and ECG President/CEO Michael Pappalardo recently met to discuss opportunities to advance the credit union movement, address key priorities, and celebrate shared achievements.  “Earnest Consulting Group is honored to partner with DCUC,” said Pappalardo. “Together, we’re extending our reach, amplifying our impact, and driving meaningful change for credit […] - [Greylock Grant Helped to Distribute More Than 40,000 Diapers in Berkshire County – and That’s Just in One Year](https://thecreditunionconnection.com/greylock-grant-helped-to-distribute-more-than-40000-diapers-in-berkshire-county-and-thats-just-in-one-year/): When Daltrey Turner of the Berkshire County Diaper Project visited Greylock’s headquarters in July, she was there to accept both a financial donation from the credit union and a special donation of over 1,200 diapers and wipes purchased by Greylock employees. This recent donation is part of the credit union’s ongoing commitment to the non-profit organization since becoming a funded partner in 2019. “Greylock’s grant allowed us to purchase and distribute approximately 41,176 diapers out of the 435,791 we distributed throughout Berkshire County in 2024,” said Turner, president of the Diaper Project, which was founded in 2014. The organization works […] - [United Federal Credit Union Named a Top 100 Global Workplace Leader for Second Consecutive Year](https://thecreditunionconnection.com/united-federal-credit-union-named-a-top-100-global-workplace-leader-for-second-consecutive-year/): United ranked 13th on the 2025 Global Top 100 Inspiring Workplaces list. United Federal Credit Union has once again been recognized as one of the Top 100 Global Inspiring Workplaces, ranking 13th in 2025, marking its second consecutive year on the prestigious list. The honor highlights United’s continued commitment to fostering a workplace culture built on positivity, innovation, and purpose. The Global Top 100 list by Inspiring Workplaces Group (IW) is drawn from the highest-scoring winners in each of IW’s regions worldwide, including Asia, Australasia, Europe, Latin America, Middle East & Africa, North America and the UK & Ireland.  “Being named […] - [The Conquer Finance and Insurance Accelerator Opens for Application](https://thecreditunionconnection.com/the-conquer-finance-and-insurance-accelerator-opens-for-application/): The accelerator returns in September, opening applications to startups looking for mentorship and investment opportunities in finance, insurance, and risk management. The Conquer Finance and Insurance Accelerator, a partnership between Michigan State University Research Foundation, MSU Federal Credit Union (MSUFCU), and the Eli Broad College of Business’s Insurance & Risk Management Program, announced that it is opening applications for its third cohort. The Conquer Finance and Insurance Accelerator is a highly selective 10-week program that provides mentorship, education, and industry insights for startups looking to get to their next stage in development. Only five startups are chosen to participate in […] - [VyStar Credit Union Expands Everyday Heroes Mortgage Program to Support Community Champions Amid Housing Affordability Crisis](https://thecreditunionconnection.com/vystar-credit-union-expands-everyday-heroes-mortgage-program-to-support-community-champions-amid-housing-affordability-crisis/): In response to the growing housing affordability crisis across the Southeast, VyStar Credit Union is expanding its Everyday Heroes Mortgage Program to provide community champions in Georgia and Florida more pathways to homeownership. This expansion reinforces VyStar’s commitment to putting members first by delivering financial solutions that make a real difference in their lives and strengthen the communities it serves. Recent reports rank Atlanta, Jacksonville, and Orlando among the most financially distressed cities in the nation. In Atlanta, savings challenges and rising living costs are making it increasingly difficult for families to qualify for homeownership. Jacksonville has seen a sharp rise in housing costs, with the average price of a single-family […] - [Why Credit Unions Can’t Afford to Think Small Anymore](https://thecreditunionconnection.com/why-credit-unions-cant-afford-to-think-small-anymore/): The old playbook won’t cut it anymore. Credit unions that once relied on steady membership and local loyalty now find themselves in a high-speed chase with fintechs and digital-first banks. On this episode of The Credit Union Connection, host Sarah Snell Cooke sits down with Pierre Cardenas of Capitol Credit Union and Philip Paul of Cotribute to talk about what it really takes to keep pace and why standing still isn’t an option. “It doesn’t matter that credit unions are smaller anymore, they’re struggling to compete with the Chimes, the Daves, the PayPals of the world.” Sarah doesn’t mince words, […] - [FORUM Credit Union Fuels Commercial Member Growth with Apiture](https://thecreditunionconnection.com/forum-credit-union-fuels-commercial-member-growth-with-apiture/): Successful implementation of Apiture Digital Banking Platform elevates businesses’ digital banking experience Apiture today announced that FORUM Credit Union, a not-for-profit financial cooperative serving members throughout central Indiana, has successfully implemented the Apiture Digital Banking Platform, completing a major milestone in its digital transformation and positioning the credit union for sustained commercial growth. With Apiture’s Business Banking solution, FORUM is delivering more modern, personalized online and mobile experiences to its 5,000 business members, which range from small businesses to more complex commercial accounts. The solution includes a comprehensive feature set — including a full suite of cash management tools, payment and transfer options, fraud […] - [Citadel Credit Union Taps Veteran Technologist Eric Skinner as New CIO](https://thecreditunionconnection.com/citadel-credit-union-taps-veteran-technologist-eric-skinner-as-new-cio/): Citadel Credit Union today announced the promotion of Eric Skinner to Chief Information Officer (CIO). Skinner succeeds Brian Berry, who will retire later this year after 16 years of distinguished leadership, having laid the foundation for Citadel’s scalable, secure, and member-focused digital capabilities. Skinner has been a key member of Citadel’s technology leadership since 2013. With more than 20 years of experience in financial services, he has played an integral role in advancing the credit union’s operational infrastructure and digital transformation strategy. He began his career as a programmer at a Georgia-based credit union before joining a credit union service organization, where he led the […] - [DCUC Urges Congress to Include Bipartisan Credit Union Provisions in FY2025 NDAA](https://thecreditunionconnection.com/dcuc-urges-congress-to-include-bipartisan-credit-union-provisions-in-fy2025-ndaa/): The Defense Credit Union Council (DCUC) has urged Congress to include two bipartisan provisions in the Fiscal Year 2025 National Defense Authorization Act (NDAA). In a letter to the House and Senate Armed Services Committees, DCUC expressed support for:  · The Padilla–Cramer NCUA Central Liquidity Facility (CLF) Enhancements Act – permanently restoring proven emergency liquidity authorities that protect small and military-serving credit unions during times of crisis, at zero cost to taxpayers.  · The Sullivan–Hirono / Fitzpatrick–Gonzalez Veterans Member Business Loan (VMBL) Act – exempting veteran-owned small business loans from the member business lending cap, unlocking affordable credit for veteran […] - [DCUC Responds to FHFA Director’s Remarks on Credit Union Housing Lending and Fraud Prevention](https://thecreditunionconnection.com/dcuc-responds-to-fhfa-directors-remarks-on-credit-union-housing-lending-and-fraud-prevention/): The Defense Credit Union Council (DCUC) has formally responded to recent public remarks by Federal Housing Finance Agency (FHFA) Director Bill Pulte questioning credit unions’ role in mortgage lending and fraud prevention.  In a letter sent to Director Pulte, DCUC President/CEO Anthony Hernandez outlined credit unions’ strong record in housing finance, their leadership in protecting consumers from fraud, and their ongoing commitment to collaboration with regulators.  “Credit unions are a cornerstone of our housing finance system, demonstrating excellence in mortgage lending and unwavering dedication to protecting their members,” Hernandez says. “Through responsible lending, innovative fraud prevention, and community-focused service, credit […] - [Texas Trust Credit Union Sets up Shop in Fort Worth](https://thecreditunionconnection.com/texas-trust-credit-union-sets-up-shop-in-fort-worth/): Texas Trust Credit Union has opened its first location in Fort Worth following its partnership with Family 1st Credit Union. The two credit unions recently merged, folding the membership of Family 1st into Texas Trust. The branch, which is being updated and branded under the Texas Trust banner, is located at 3501 Western Center Blvd. Through the merger, Texas Trust gained roughly $22 million in assets, and a branch to conveniently serve its Fort Worth membership of 30,000. Members of Family 1st are now part of the Texas Trust family, giving them access to more robust financial services and products to help them build […] - [Origence And MD|DC Credit Union Association Announce Strategic Partnership To Advance Lending Innovation In The East Coast Region](https://thecreditunionconnection.com/origence-and-mddc-credit-union-association-announce-strategic-partnership-to-advance-lending-innovation-in-the-east-coast-region/): Origence announced a new strategic partnership with Credit Union Services, Inc. (CUSI), the service corporation of the MD|DC Credit Union Association, designed to accelerate innovation for credit unions in the Maryland, Delaware, and Washington, D.C. area. By partnering with MD|DC Credit Union Association, Origence is deepening its commitment to the credit union movement, bringing innovative technology solutions and expertise to the East Coast. By aligning with MD|DC Credit Union Association, Origence is helping credit unions strengthen their ability to serve members, increase efficiency, and stay competitive with a full suite of solutions—including CUDL® indirect lending, Origence arc (loan and account origination system) and Origence […] - [Jack Henry Strengthens Wealth Management Services with Bits of Stock](https://thecreditunionconnection.com/jack-henry-strengthens-wealth-management-services-with-bits-of-stock/): Alliance enables banks and credit unions to offer fractional stock rewards and round-ups on everyday transactions, building consumer loyalty and a path to financial wellness Jack Henry™ (Nasdaq: JKHY) announced a strategic alliance with Bits of Stock, enabling financial institutions to provide fractional shares of stock as rewards on everyday spending. The capability is embedded within the Banno Digital Platform™, transforming routine card transactions into wealth-building opportunities. With Bits of Stock’s embedded loyalty and rewards platform, consumers can open free investment accounts directly through their financial institution without the need for additional apps or accounts, helping accountholders build personalized stock portfolios. This capability supports […] - [The Credit Confidence Conundrum: i2c Study Unveils a Perception Gap Among U.S. Consumers](https://thecreditunionconnection.com/the-credit-confidence-conundrum-i2c-study-unveils-a-perception-gap-among-u-s-consumers/): 42% of U.S. Consumers Believe They Would Be Denied a New Credit Card, Highlighting a Significant Opportunity for Issuers to Improve Consumer Confidence and Close the “Approval Perception Gap” i2c Inc. today released a new commissioned study titled “Consumer Credit Economy: Strategy vs. Spontaneity- Navigating the Great Credit Divide.” Conducted in collaboration with PYMNTS Intelligence and based on a nationally representative sample of over 2,000 U.S. consumers, the report reveals a critical perception gap in the consumer credit market. The research findings show that many consumers are under the false impression that they would be denied a new credit product […] - [Five Years Running, Salt Lake Tribune Names Chartway Utah Top Workplaces Award Winner](https://thecreditunionconnection.com/five-years-running-salt-lake-tribune-names-chartway-utah-top-workplaces-award-winner/): Chartway Credit Union has been awarded a Top Workplaces 2025 honor by Utah Top Workplaces 2025 and the Salt Lake Tribune, for the fifth year in a row. The list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling respected & supported, enabled to grow, and empowered to execute, among others.  “Being named a Top Workplace in Utah for the fifth year in a row is an incredible honor because it reflects the voices of our […] - [Community Non-Profits Receive $260,000 from Robins Financial Credit Union](https://thecreditunionconnection.com/community-non-profits-receive-260000-from-robins-financial-credit-union/): Robins Financial Credit Union recently donated $260,000 to eighteen local non-profit organizations through their annual Community Project initiative. Each year, Robins Financial invites local non-profits serving communities within their 45-county service area to receive funding based on their mission and impact on the community. The following recipients represent a diverse range of causes including education, healthcare, housing, and basic needs assistance: “Since COVID, Meals on Wheels agencies across the country have had difficulty getting and retaining volunteer delivery drivers,” shared Kenny Weaver, Executive Director of Meals on Wheels of Houston County. “This generous donation will allow us to fund a […] - [NCR Atleos Ranks #5 in IDC Fintech Rankings](https://thecreditunionconnection.com/ncr-atleos-ranks-5-in-idc-fintech-rankings/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that it has ranked #5 overall and is the largest ATM company in the 2025 IDC FinTech Rankings. This is up from the company’s #6 ranking in 2024. The annual IDC Fintech Rankings list highlights top global technology providers to financial institutions. The rankings are based on 2024 calendar year revenues of hardware, software, and IT services specifically generated by financial institutions. The full list can be found at https://www.idc.com/research/industry/fintech-rankings. “The continued rise of Atleos in our IDC FinTech Rankings reflects its pivotal role in reshaping how financial institutions deliver self-service banking,” said Marc […] - [Nuuvia Accelerates Market Momentum with Youth Banking Experience](https://thecreditunionconnection.com/nuuvia-accelerates-market-momentum-with-youth-banking-experience/): Nuuvia, formerly Incent, announced today a series of significant milestones marking a high-growth first half of 2025. Building on the momentum of a successful strategic rebranding, the company continues to scale its operations and internal infrastructure to support a surge in a demand for its Youth Banking platform including 17% growth in new customers in its first fiscal quarter of 2026 (April – June).  Nuuvia quickly scaled operations more than tripling the size of its internal workforce to meet the increased demand for its personalized, digital-first youth banking experience designed specifically to enable financial institutions and their parent account holders […] - [SchoolsFirst FCU Recognized for Financial Education and Community Engagement](https://thecreditunionconnection.com/schoolsfirst-fcu-recognized-for-financial-education-and-community-engagement/): SchoolsFirst Federal Credit Union received the Business Team Award from the Classroom of the Future Foundation, for the Credit Union’s longstanding dedication to the community, educators and the students they serve in the San Diego region.  SchoolsFirst FCU also received the 2025 Partners in Educational Excellence Award from the Association of California School of Administrators Region 3 which includes 18 school districts in Sacramento and Yolo counties. The award acknowledges the Credit Union’s support in providing professional development and creating an effective collaboration with education and community leaders.  “It’s an honor to partner with and be recognized by these organizations for our shared […] - [Scienaptic AI CUSO Expands](https://thecreditunionconnection.com/scienaptic-ai-cuso-expands/): Investments signal accelerating adoption of AI-driven decisions in lending Scienaptic AI announced today that three of its clients have joined its Credit Union Service Organization (CUSO) as strategic investors. Patriot Federal Credit Union, Wolverine State Credit Union, and Meridian Trust Federal Credit Union are the newest members. Additionally, Credit Union of Colorado, one of the original founding partners, has doubled down on its investment. These additions bring the total number of credit union partners in the CUSO to 13. The growing network includes ELGA Credit Union, Wildfire Credit Union, 4Front Credit Union, CoVantage Credit Union, People Driven Credit Union, Alliance […] - [How Loyalty Programs Elevate Bank and Credit Union CX Strategies ](https://thecreditunionconnection.com/how-loyalty-programs-elevate-bank-and-credit-union-cx-strategies-2/): ampliFI Loyalty Solutions  The focus on personalization and consumer experience (CX) continues to dominate conversations among financial leaders. Why? Because personalization isn’t just a buzzword, it’s a strategy that drives consumer loyalty, satisfaction and growth.  Consumers call upon banks and credit unions to anticipate their needs, deliver seamless experiences across channels and personalize interactions. A study from MX highlights this shift, with 53% of consumers expecting their financial provider to use available data to enhance their experience.  Easier said than done, right? Financial institutions face the challenge of scaling personalization while safeguarding privacy, maintaining compliance and achieving operational efficiency. To […] - [Velera Named to IDC FinTech Rankings Top 25 for Second Consecutive Year](https://thecreditunionconnection.com/velera-named-to-idc-fintech-rankings-top-25-for-second-consecutive-year/): Velera is pleased to announce it was listed as a Top 25 solution provider in the 2025 IDC FinTech Rankings. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries. Velera ranked in the Top 25 for the second year in a row, moving up from No. 17 to No. 15 in 2025. “It is an honor to once again be recognized among the world’s top financial technology companies,” said Chuck Fagan, president and CEO of Velera. “This recognition reflects our commitment to delivering the innovation […] - [LEVERAGE Announces Strategic Partnership with Pulsate to Transform Member Engagement for Credit Unions](https://thecreditunionconnection.com/leverage-announces-strategic-partnership-with-pulsate-to-transform-member-engagement-for-credit-unions/): LEVERAGE, the service corporation for The League of Credit Unions & Affiliates, is excited to announce a new strategic partnership with Pulsate, a leading provider of intelligent member engagement and mobile marketing solutions. This collaboration marks a major step forward in LEVERAGE’s commitment to helping credit unions deliver highly personalized, timely, and impactful digital experiences to their members. At the center of this partnership is Pulsate’s Opportunities Engine™, a breakthrough engagement platform that uses behavioral insights, transactional data, and predictive analytics to automatically identify and act on meaningful, high-value engagement opportunities. These insights are translated into real-time, personalized communications that reach members across […] - [CFPB uncertainty risk or opportunity for credit unions?](https://thecreditunionconnection.com/cfpb-uncertainty-risk-or-opportunity-credit-unions/): “When you start dismantling an agency by cutting its staff, draining its funding, and freezing its work, you are not just changing policy. You are changing the entire landscape.” That is how Stephanie Lyon, SVP of financial services at Ncontracts, described the state of the Consumer Financial Protection Bureau during her recent conversation with Sarah Snell Cooke on The Credit Union Connection. Sarah pushed the issue head-on. Will the CFPB even remain standing? With leadership in flux, lawsuits pending and critical mortgage rules stalled at the Office of Management and Budget, credit unions are left watching the ground shift beneath […] - [MANTL Partners with Taktile to Transform Credit Decisions for Community Banks and Credit Unions](https://thecreditunionconnection.com/mantl-partners-with-taktile-to-transform-credit-decisions-for-community-banks-and-credit-unions/): New integration empowers financial institutions to exercise more control over their risk decisions to reduce manual reviews and accelerate growth MANTL today announced an integration with Taktile, a next-generation decision platform that helps teams automate and improve risk management strategies across the customer lifecycle. Together, the companies are enabling community banks and credit unions to fully automate credit underwriting and decision-making, giving institutions the speed, flexibility, and control they need to drive loan growth and operational efficiency. With the new integration, financial institutions can launch, test, and update credit policies that will be implemented in MANTL workflows in real time, without […] - [Wescom Financial Introduces New Powerful Financial Tool, HELOC Flex, Supporting Californians in Their Homebuying Journey](https://thecreditunionconnection.com/wescom-financial-introduces-new-powerful-financial-tool-heloc-flex-supporting-californians-in-their-homebuying-journey/): California homebuyers are facing a series of complex challenges when trying to upgrade or invest in a new primary home. Not only do homes in California cost nearly twice as much as the typical U.S. home[1] but rising mortgage interest rates and limited inventory are adding to the stress of homebuying. To help alleviate these concerns, Wescom Financial is introducing a Home Equity Line of Credit (HELOC) with more flexible terms. The new financial offering, HELOC Flex, helps Californians leverage the equity in their current primary home for their next residential purchase. “Our new HELOC Flex offering is a direct result of listening to our members […] - [Summit Credit Union Earns #1 “Return of the Member” National Ranking for Six Consecutive Quarters](https://thecreditunionconnection.com/summit-credit-union-earns-1-return-of-the-member-national-ranking-for-six-consecutive-quarters/): Summit Credit Union has once again secured the top spot in Callahan & Associates’ national Return of the Member (ROM) ranking for Q2 2025 — marking six consecutive quarters as the #1 credit union in the country for member value. Among 461 credit unions* nationwide with assets between $1 billion and $10 billion, Summit Credit Union ranks #1 overall for the value it returns to members. This sustained achievement began in Q1 2024 and reflects Summit’s ongoing commitment to delivering exceptional financial products and services.  “We’re proud to see our members consistently receiving top-tier value through Summit’s products, services, financial education and […] - [Reminder: Annual Compliance, Certification and Reporting Obligations](https://thecreditunionconnection.com/reminder-annual-compliance-certification-and-reporting-obligations/): Are you the Authorized Representative of either a Certified Community Development Financial Institution (CDFI) or an organization that has received a Community Development Financial Institutions Fund (CDFI Fund) Award and/or Allocation? If so, to ensure compliance with your Award, Assistance and/or Allocation Agreement(s), you must complete and submit the annual report(s) specified in these agreement(s).  In addition, all Certified CDFIs must submit an Annual Certification and Data Collection Report (ACR) in order to maintain the organization’s CDFI Certification status.  The due dates to submit annual compliance report(s) vary by fiscal year end date, type of Award, and by the specific […] - [United Federal Credit Union Partners with Pinnacle Sports Ventures to Offer Financial Education Support to University of Arkansas Athletes ](https://thecreditunionconnection.com/united-federal-credit-union-partners-with-pinnacle-sports-ventures-to-offer-financial-education-support-to-university-of-arkansas-athletes/): United Federal Credit Union (United) has partnered with Pinnacle Sports Ventures (PSV) to provide PSV’s University of Arkansas student athletes with a holistic development program, including financial education, life after athletics, and meaningful community engagement.   “I’m proud to announce that United Federal Credit Union is the founding sponsor with Pinnacle Sports Ventures as we work together to support college-bound student-athletes beyond the field,” said Stephanie Riffle, Regional Vice President for United in Arkansas. “Being a founding sponsor means we’re not just supporting events; we’re helping build the foundation of something transformative for this community. As PSV’s University of Arkansas athletes […] - [HRCU Expands Leadership with New Chief Retail Officer](https://thecreditunionconnection.com/hrcu-expands-leadership-with-new-chief-retail-officer/): Hires Industry Veteran Krista Foerster as First CRO Holy Rosary Credit Union (HRCU) continues to strengthen its leadership team with the appointment of Krista Foerster to the newly-created role of Chief Retail Officer. Foerster has served in senior leadership positions in banking throughout New England for more than 25 years. “Krista is a tremendous addition to our team,” said Brian Hughes, President and CEO of HRCU. “Her impressive experience in financial services and strategic development makes her an ideal fit for this important, new position. Krista will guide and equip our team with the right tools to improve our members’ banking […] - [NCUA Releases Second Quarter 2025 Credit Union System Performance Data](https://thecreditunionconnection.com/ncua-releases-second-quarter-2025-credit-union-system-performance-data/): Credit Union Assets, Loans Outstanding, and Shares and Deposits Grew in the Second Quarter The National Credit Union Administration today released its second quarter credit union system performance data for 2025. According to the latest financial performance data report, total assets in federally insured credit unions rose by $82 billion, or 3.6 percent, over the year ending in the second quarter of 2025, to $2.38 trillion. Total loans outstanding increased $64 billion, or 3.9 percent, over the year, to $1.68 trillion. Insured shares and deposits rose $71 billion, or 4.0 percent, over the year ending in the second quarter of […] - [Chartway Credit Union Welcomes Todd Fanning as Chief Financial Officer](https://thecreditunionconnection.com/chartway-credit-union-welcomes-todd-fanning-as-chief-financial-officer/): Chartway Credit Union is pleased to announce the appointment of Todd Fanning as its new Chief Financial Officer (CFO). Fanning brings more than 30 years of experience in financial management and executive leadership across the banking and credit union sectors, with a proven track record of driving strategic growth and building high-performing teams. As CFO, Fanning will serve as a key advisor to the CEO and executive team, overseeing Chartway’s finance and accounting teams, with a focus on driving financial strength, operational efficiency, and sustainable growth. He will play a critical role in shaping the credit union’s financial strategy, ensuring operational excellence, and identifying […] - [Update: NCUA Will No Longer Consider Disparate Impact When Evaluating Credit Unions’ Lending Policies ](https://thecreditunionconnection.com/update-ncua-will-no-longer-consider-disparate-impact-when-evaluating-banks-lending-policies/): Henry C. Meier, Esq. of The Law Office of Henry C. Meier, Esq.  The NCUA announced that it would no longer be considering disparate impact as part of its examination of federally insured credit unions. In a letter to credit union board of directors released on Thursday, the NCUA explained that examiners will no longer review, conclude, or follow up on “matters related to a credit union’s disparate impact risk, internal disparate-impact risk analysis, or disparate-impact risk assessment processes or procedures.”  The NCUA’s action came shortly after the FDIC announced that its regulators could no longer examine bank practices to determine if […] - [Valley Credit Union Welcomes Ben Kuss as Chief Marketing Officer](https://thecreditunionconnection.com/valley-credit-union-welcomes-ben-kuss-as-chief-marketing-officer/): Valley Credit Union is pleased to announce the appointment of Benjamin (Ben) Kuss as its new Chief Marketing Officer. In this role, Kuss will lead all aspects of the credit union’s marketing strategy—including brand development, member communications, product promotion, and community engagement—while leveraging data and innovation to enhance member experience and support Valley’s long-term growth.  “I am thrilled to have Ben Kuss join Valley Credit Union as our Chief Marketing Officer,” said Casey Klein, President & CEO. “Ben’s 20 years of credit union expertise, paired with his ability to inspire strong teams and accelerate growth, make him an incredible fit […] - [LAFCU Named One of the Best Credit Unions to Work For in 2025](https://thecreditunionconnection.com/lafcu-named-one-of-the-best-credit-unions-to-work-for-in-2025/): Lansing, Michigan-based organization honored for third time LAFCU is proud to announce it has been named one of the Best Credit Unions to Work For in 2025 by American Banker. This marks the third time the Lansing, Michigan-based credit union has received this prestigious recognition, which highlights credit unions that excel in workplace culture, employee satisfaction, and organizational performance.  LAFCU was recognized in the largest asset category, which includes credit unions with more than $1 billion in assets.  “This honor is a direct reflection of our people,” said Patrick Spyke, CEO of LAFCU. “We strive to be intentional in creating […] - [Smart Banking with RCU’s New Benefits Checking](https://thecreditunionconnection.com/smart-banking-with-rcus-new-benefits-checking/): Redwood Credit Union’s recently launched Benefits Checking isn’t just a checking account—it’s a comprehensive protection package that offers peace of mind in moments people need it most.  It’s added protection when your child has a fever in the middle of the night, you get a flat tire, or you drop your phone. It’s there when you need help rebuilding your credit, or someone you don’t know attempts to open an account in your name. Whether it’s a shattered phone screen, sudden health concerns, identity theft, or unexpected vehicle breakdowns, Benefits Checking is smart coverage at a time when every dollar […] - [SECU Foundation Awards $170,000 Grant to Carolinas Foundation for Hospice and Home Care](https://thecreditunionconnection.com/secu-foundation-awards-170000-grant-to-carolinas-foundation-for-hospice-and-home-care/): SECU Foundation recently awarded a $170,000 grant to Carolinas Foundation for Hospice and Home Care (CFHHC) to assist with the development and implementation of a standardized training curriculum and onboarding model for personal care aides. The project will help address the critical need for qualified care aides and improve the retention of employees in the field. CFHHC was established in 1998 by the Association for Home & Hospice Care of North Carolina (AHHC) to support innovation that improves access to quality hospice and home care services in the state. CFHHC will pilot the program with twelve locations, primarily serving rural areas. The pilot […] - [Two Credit Unions Announce New Hires; United FCU Director of Digital Banking Named to Moody on the Market’s 40 Under 40 List](https://thecreditunionconnection.com/two-credit-unions-announce-new-hires-united-fcu-director-of-digital-banking-named-to-moody-on-the-markets-40-under-40-list/): Two credit unions, including Greylock Federal Credit Union, announced new additions to their teams, and the Director of Digital Banking at United Federal Credit Union was named to the Moody on the Market’s 40 Under 40 List. New Hires: Recognitions: Promotions: Appointments: - [ebankIT to Unveil Industry’s Leading AI Transactional Banking Assistant Using Agentic AI at FinovateFall 2025](https://thecreditunionconnection.com/ebankit-to-unveil-industrys-leading-ai-transactional-banking-assistant-using-agentic-ai-at-finovatefall-2025/): ebankIT will debut its revolutionary agentic AI conversational banking assistant, at FinovateFall on September 9, 2025, in New York. This breakthrough solution represents AI 2.0 for banking, moving beyond traditional customer service chatbots to deliver actionable, humanized, and conversational financial support and guidance that executes real tasks.  While conventional chatbots serve as customer service support tools that provide information, ebankIT’s AI Assistant leverages advanced agentic AI technology built on Microsoft Azure to take action directed by the accountholder and within each institution’s operational framework and compliance guardrails. This next-generation assistant operates parallel to traditional customer service chatbots rather than replacing […] - [DCUC Calls on Armed Services Committees to Modernize Financial Reporting Requirements in FY2026 NDAA](https://thecreditunionconnection.com/dcuc-calls-on-armed-services-committees-to-modernize-financial-reporting-requirements-in-fy2026-ndaa/): The Defense Credit Union Council (DCUC) has sent a letter urging the House and Senate Armed Services Committees to include H.R. 1799, the Financial Reporting Threshold Modernization Act, in the Fiscal Year 2026 National Defense Authorization Act (NDAA).  The bipartisan legislation would modernize decades-old financial reporting thresholds under the Bank Secrecy Act (BSA), reducing outdated compliance burdens, strengthening consumer financial privacy, and enabling credit unions to better serve active-duty servicemembers, Guard and Reserve members, veterans, Department of Defense civilians, and military families.  Key provisions of H.R. 1799 include raising the Currency Transaction Report (CTR) threshold from $10,000 to $30,000, with […] - [Driving the Future Together: DCUC and Allied Solutions Deepen Strategic Partnership at CNC 2025](https://thecreditunionconnection.com/driving-the-future-together-dcuc-and-allied-solutions-deepen-strategic-partnership-at-cnc-2025/): In August, the Defense Credit Union Council (DCUC) proudly joined its Strategic Partner, Allied Solutions, during Allied Solution’s Client Networking Conference (CNC) in Montage Deer Valley in Park City, Utah. The event brought together credit union leaders from across the country to educate, empower, and inspire discussions on leadership, innovation, and the future of financial services. Pete Hilger, Allied Solutions CEO, opened the conference with remarks on vision and resilience. The CNC offered sessions on the psychology of leadership, including a keynote presentation from Lt. Col Dan Rooney, founder of the nonprofit, Folds of Honor.  DCUC and Allied Solutions reaffirmed […] - [NACUSO Appoints Randy Salser as President/CEO](https://thecreditunionconnection.com/nacuso-appoints-randy-salser-as-president-ceo/): The National Association of Credit Union Service Organizations (NACUSO) has announced the appointment of Randy Salser as its next President and Chief Executive Officer, ushering in a new era of collaboration and innovation for credit unions nationwide. Known for building partnerships and advancing forward-thinking solutions, Salser will guide NACUSO in amplifying the voice of credit unions, strengthening advocacy, and championing the cooperative business model.  “We are delighted to welcome Randy to NACUSO! While at NAFCU, Randy was a great partner with NACUSO, and with his unique blend of industry and business experience and his history with associations and the regulatory […] - [Honor Credit Union Announces Winners of 2025 Annual Teacher Awards](https://thecreditunionconnection.com/honor-credit-union-announces-winners-of-2025-annual-teacher-awards/): Honor Credit Union is proud to announce the recipients of its 2025 Annual Teacher Awards, marking 16 years of recognizing and supporting exceptional educators. This year, Honor recognized 40 teachers from its 28 branch communities in Michigan, awarding each a $500 digital gift card to enhance their classrooms, for a combined total of $20,000 invested in local education.  Originally founded as Berrien Teachers Credit Union 91 years ago, Honor remains deeply committed to giving back and celebrating the invaluable role teachers play in shaping their students and communities.  “I was truly honored and pleasantly surprised to receive this award,” said […] - [Alkami Named to IDC FinTech Rankings Top 50](https://thecreditunionconnection.com/alkami-named-to-idc-fintech-rankings-top-50/): Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced it was categorized as a 2025 IDC FinTech Rankings Top 50 solution provider. The elite list features the technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. To view the list in its entirety, please visit here. The Fortune 500-style ranking categorizes and evaluates the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software, and/or services. These providers supply the technological backbone of the financial services industry, an industry in which IDC forecasts worldwide spending […] - [NCUA Prohibits Five Individuals from Participating in the Affairs of Any Federally Insured Depository Institution](https://thecreditunionconnection.com/ncua-prohibits-five-individuals-from-participating-in-the-affairs-of-any-federally-insured-depository-institution/): The National Credit Union Administration issued four consent-based prohibitions orders and one conviction-based prohibition order in September 2025. The individuals named below are permanently prohibited from participating in the affairs of any federally insured depository institution.  Notice of Prohibition: LaMarcus Tinker, former employee of American United Federal Credit Union, West Jordan, Utah, was convicted and sentenced to three counts of Unlawful Acquisition, Possession, or Transfer of a Financial Transaction Card in the third degree in Salt Lake County, Utah.   Order of Prohibition: Jessica Koch, former employee of Modern Employees Federal Credit Union, Owensboro, Kentucky, agreed and consented to the […] - [Eltropy Delivers Exclusive Early Access to Rich Communication Services (RCS) for Community Financial Institutions](https://thecreditunionconnection.com/eltropy-delivers-exclusive-early-access-to-rich-communication-services-rcs-for-community-financial-institutions/): Limited beta program gives CFIs first-mover advantage with branded messaging technology that drives 32% higher engagement than SMS Eltropy today announced exclusive early access to Rich Communication Services (RCS), giving credit unions and community banks the same branded messaging capabilities that major banks reserve for their premium communications. “Every day CFIs wait, major banks are capturing more consumer attention with branded messaging that makes community financial institutions look outdated by comparison,” said Ashish Garg, Co-Founder and CEO of Eltropy. “Our CFI clients were asking why their messages looked generic next to major bank communications. This beta program changes that dynamic by […] - [Day Air Credit Union Celebrates Record-Breaking 2025 College Prep Night at Day Air Ballpark](https://thecreditunionconnection.com/day-air-credit-union-celebrates-record-breaking-2025-college-prep-night-at-day-air-ballpark/): Day Air Credit Union is proud to announce the continued success of its annual College Prep Night event, held at Day Air Ballpark in downtown Dayton. This year’s event drew over 2,000 students and family members and featured a record 98 colleges and universities from across the country. Now in its fifth year, College Prep Night has grown into one of the Miami Valley’s largest and most impactful college readiness events. The evening provided high school students and their families with the unique opportunity to connect directly with representatives from nearly 100 higher education institutions, ask questions, and gather valuable […] - [First Financial Federal Credit Union Appoints James C. Wheeler as New President](https://thecreditunionconnection.com/first-financial-federal-credit-union-appoints-james-c-wheeler-as-new-president/): The Board of Directors of First Financial Federal Credit Union has announced the appointment of James C. Wheeler as President effective October 1, 2025. In his new role, Wheeler will lead all aspects of First Financial FCU daily operations and strategic growth initiatives as well as oversee the senior leadership team. Eric Church will remain in his position as Chief Executive Officer of the $1.3 billion financial institution. Wheeler most recently served as the credit union’s Senior Vice President/Chief Operations Officer (COO). In his role as COO, he was responsible for all member-facing teams, including branch services, contact centers, account services and […] - [FI SAFE Partners with Acumen Financial Advantage to Expand Charitable Impact in the Credit Union Movement](https://thecreditunionconnection.com/fi-safe-partners-with-acumen-financial-advantage-to-expand-charitable-impact-in-the-credit-union-movement/): FI SAFE, an initiative of Purple Bridges, a 501(c)(3) non-profit organization, empowering credit unions to better serve survivors of domestic violence and human trafficking, announced today a new partnership with Acumen Financial Advantage, a leader in financial strategies for credit unions. Together, the organizations will help credit unions unlock new charitable giving potential while strengthening their own operations. Through Acumen’s expertise with Charitable Donation Accounts (CDAs)—an NCUA-approved investment vehicle—credit unions can generate significant returns to support community causes. A majority of those earnings must be directed to charitable organizations, creating a powerful opportunity for credit unions to support initiatives like […] - [NCUA Grants Regulatory Approval Allowing Digital Federal Credit Union and First Tech Federal Credit Union to Proceed with Planned Merger](https://thecreditunionconnection.com/ncua-grants-regulatory-approval-allowing-digital-federal-credit-union-and-first-tech-federal-credit-union-to-proceed-with-planned-merger/): Planned merger moves forward to a First Tech Federal Credit Union member vote The National Credit Union Administration (NCUA) has provided regulatory approval to advance the proposed merger between Digital Federal Credit Union (DCU) and First Tech Federal Credit Union (First Tech). The next step is approval of the merger by First Tech members as the combined credit union will adopt DCU’s credit union charter. This member vote will be administered throughout the months of October to December by a third-party vendor in accordance with First Tech’s bylaws. First Tech will also hold a special membership meeting to disclose the […] - [First Harvest Credit Union's Charitable Journey Program Fundraises for Breast Cancer Awareness Efforts](https://thecreditunionconnection.com/first-harvest-credit-unions-charitable-journey-program-fundraises-for-breast-cancer-awareness-efforts/): Donations Collected for the Cooper Foundation, with Proceeds Benefiting the MD Anderson Cancer Center at Cooper First Harvest Credit Union (“First Harvest”) employees are fundraising throughout October’s Breast Cancer Awareness Month to support local breast cancer patients, research, and prevention. Through First Harvest’s Charitable Journey program, employees and members can make a donation to purchase a pink ribbon, which includes a personalized message and displayed in First Harvest branch locations. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In addition to its quarterly fundraising […] - [Q&A: Retired CEO Opens Up About Lessons in Leadership, Credit Union Relevance and Something ‘YOUGE’ ](https://thecreditunionconnection.com/qa-retired-ceo-opens-up-about-lessons-in-leadership-credit-union-relevance-and-something-youge/): In this candid Q&A, Nick Wodogaza – a retired CEO of Palmetto Citizens Federal Credit Union turned consultant – calls it like it is. Whether it’s credit unions’ aging problems, technology or his own leadership mistakes, he’s facing them head-on in this raw Q&A with The Credit Union Connection.   Which is how he’s coaching credit unions now. If you’re technology isn’t where it needs to be, neither will your credit union, because millennial and Gen Z members demand immediacy and personalization. With the hindsight of running a credit union, he’s helping smaller credit unions with strategic planning, executive coaching and […] - [CDRLF Grant Round Offers More Opportunities](https://thecreditunionconnection.com/cdrlf-grant-round-offers-more-opportunities/): More than $3.4 Million Available; Credit Unions Should Review Their Eligibility Today, the National Credit Union Administration (NCUA) announced the availability of funding for low-income-designated (LID) credit unions through the Community Development Revolving Loan Fund (CDRLF). This year, the NCUA made changes to the grant program to provide LID credit unions with additional options when they apply for Community Development Revolving Loan Fund grants in 2025. 2025 CDRLF Grant Round This year, NCUA expects to award approximately $3,465,000 in CDRLF funds to anywhere between 85 to 115 LID credit unions. In 2024, the average CDRLF grant award was $26,000. The grant application […] - [Maine Credit Unions Rally to Fight Hunger with $100,000 Ending Hunger Challenge](https://thecreditunionconnection.com/maine-credit-unions-rally-to-fight-hunger-with-100000-ending-hunger-challenge/): Credit unions across Maine are recommitting to the fight against food insecurity with the launch of their annual $100,000 Ending Hunger Challenge this October. As federal cuts continue to undermine food access for families statewide, this year’s effort is especially critical. Throughout the month of October,  Maine Credit Unions’ Campaign for Ending Hunger aims to raise $100,000 to provide nourishing meals through Good Shepherd Food Bank, local food pantries, and meal sites statewide. “Fighting hunger is a priority for Maine credit unions and has been for over 35 years,” said Elise Baldacci, President of the Maine Credit Union League. “Too many families in Maine face barriers […] - [Chartway and Chartway Promise Foundation Celebrate 20 Years of Bringing Joy, Hope & Smiles to Medically Fragile Children with Month of Events](https://thecreditunionconnection.com/chartway-and-chartway-promise-foundation-celebrate-20-years-of-bringing-joy-hope-smiles-to-medically-fragile-children-with-month-of-events/): Childhood Cancer Awareness month campaign raises $275K to support charity partners Chartway Credit Union and its charitable arm, the Chartway Promise Foundation, wrapped a month of awareness, fundraising, and hands-on support for medically fragile children, called Promise Heroes, during Childhood Cancer Awareness Month. Marking its 20th anniversary, the foundation’s September highlights included annual signature events — the Swings Fore Smiles golf tournament and A Night for Hope fundraiser — along with Wish and Dream Reveals, team member volunteer service projects, and partner-powered experiences across Chartway’s Virginia, Texas, and Utah communities. Thanks to the generosity of members, partners, and supporters, the foundation surpassed its fundraising goal of […] - [CDFI Fund Announces First Awards for 2025](https://thecreditunionconnection.com/cdfi-fund-announces-first-awards-for-2025/): 56 Organizations Across U.S. Will Nearly Receive $8.8 Million Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced that 56 organizations across the country will collectively receive nearly $8.8 million in Technical Assistance (TA) Awards under the fiscal year (FY) 2025 funding round. These awards reflect Treasury’s commitment to ensuring taxpayer dollars are used effectively and advancing economic opportunity in communities that need it most. These TA Awards were made using funds appropriated by Congress in FY 2024 that will expire on September 30, 2025, under the Community Development Financial Institutions Program (CDFI Program) […] - [Mahalo Banking Selected by Corry FCU to Deliver a Next-Generation Digital Banking Experience](https://thecreditunionconnection.com/mahalo-banking-selected-by-corry-fcu-to-deliver-a-next-generation-digital-banking-experience/): Credit union combines core transition and digital upgrade to deliver modern, intuitive banking experience Corry Federal Credit Union (‘Corry FCU’) has selected Mahalo Banking to implement its next-generation digital banking platform, coinciding with the credit union’s core transition to Corelation KeyStone. The partnership reflects Corry FCU’s commitment to delivering a modern, secure, and seamless digital experience while maximizing the value of its KeyStone core.  Corry FCU sought a digital banking provider that could tightly integrate with KeyStone, enabling a smooth conversion and ensuring that members have access to a unified platform. Mahalo’s solution stood out for its ability to deliver […] - [Texas Trust Credit Union Opens Location at SH 360 in Mansfield](https://thecreditunionconnection.com/texas-trust-credit-union-opens-location-at-sh-360-in-mansfield/): The Mansfield community is celebrating the opening of Texas Trust Credit Union’s newest branch. The newly built location at 1061 North State Highway 360 at Broad Street is a prime location for those who live and work in the area.  Texas Trust is deeply connected to the Mansfield community, where it has operated since 2005 and serves more than 6,000 members who call Mansfield home. Texas Trust has been a loyal supporter of the Mansfield ISD Toys for Tots campaign, giving more than a total of $80,000 to help local children experience joy-filled Christmases. The credit union also regularly donates and […] - [Fiserv Launches Content Next to Accelerate AI-Driven Content Management and Workflow Optimization for Financial Institutions](https://thecreditunionconnection.com/fiserv-launches-content-next-to-accelerate-ai-driven-content-management-and-workflow-optimization-for-financial-institutions/): New multi-tenant, cloud based content management solution delivers robust document storage, workflow and seamless integration to key systems to help financial institutions modernize and automate their operations Fiserv, Inc. (NYSE: FI) today announced Content Next™ from Fiserv, a next-generation, multi-tenant, cloud based content management and workflow solution that raises the bar for digital transformation in banking by prioritizing agility, intelligence and the customer experience. Developed in partnership with OpenText, a global leader in secure information management for AI, the solution is purpose-built for operational efficiency, reporting insights, and user-centric design. Designed specifically for financial services, Content Next supports enterprise content management administrators, […] - [Members 1st Federal Credit Union Prepares Programs To Support Members Amid Potential Government Shutdown](https://thecreditunionconnection.com/members-1st-federal-credit-union-prepares-programs-to-support-members-amid-potential-government-shutdown/): With the possibility of a federal government shutdown on October 1, 2025, credit unions across the country are proactively preparing programs to support members who may experience financial hardship. Members 1st Federal Credit Union has been laying the groundwork for weeks to ensure relief options are ready to deploy if needed. “At Members 1st, our mission has always been to support our members, especially in times of uncertainty,” said Mike Wilson, President & CEO of Members 1st Federal Credit Union. “When someone is facing a sudden hardship, your financial institution should be a first line of defense, a source of […] - [Black Dragon Capital℠ to Sponsor 8th Annual SECU MD Foundation Golf Classic](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-to-sponsor-8th-annual-secu-md-foundation-golf-classic/): Black Dragon Capital℠ (“Black Dragon”) has announced its sponsorship of the 8th Annual SECU Foundation Golf Classic, happening this September 29th at Turf Valley Golf Club in Ellicott City, Maryland. This sponsorship is part of a larger partnership with SECU (“see-Q”), Maryland’s largest credit union. The 8th Annual SECU Foundation Golf Classic aims to provide educational and financial resources that empower Maryland students. By sponsoring the event, Black Dragon Capital and its sister organization, For A Bright Future Foundation, will contribute to the effort to provide educational and financial resources to help Marylanders grow and prosper, and communities thrive.  All proceeds benefit the SECU […] - [FusionIQ Continues Building End-to-End Digital Wealth Management Platform With Latest Fintech Partnership](https://thecreditunionconnection.com/fusioniq-continues-building-end-to-end-digital-wealth-management-platform-with-latest-fintech-partnership/): Newest Partner, The Greens, Will Enhance FusionIQ Platform; Initial Pilot Will Be Launched With Prominent Credit Union FusionIQ today announced a strategic partnership with The Greens to provide a market-leading digital wealth platform experience in conjunction with The Greens’ custody and broker-dealer offerings, Green Pier. This collaboration is another step in FusionIQ’s efforts to build a true end-to-end digital wealth platform for modern investors, unlocking the new era of digital custody to deliver the flexibility clients need as they look to provide a differentiated wealth journey to serve the broad demands of today’s investor base. “We continue to seek out the latest technology […] - [The Serious Business of Play: Why Improv Belongs in Modern Leadership](https://thecreditunionconnection.com/the-serious-business-of-play-why-improv-belongs-in-modern-leadership/): Cynthia Campbell, MBA, MEd, Founder –  Soul Path Leadership – Hello@SoulPathLeadership.com At some point in adulthood, most of us absorb a message that play is the opposite of work. The serious professional is composed, competent, and efficient. Play is for recess. That message is costing us. Burnout is rising. Engagement is dropping. Trust in leadership is low. And despite significant investments in leadership development, many organizations still struggle to build cultures of adaptability, collaboration, and real innovation. We don’t have a knowledge gap. We have a connection gap. What’s missing is practice. Not role-play. Not simulations. Actual practice in how to listen, adapt, […] - [New Jersey Credit Unions Food Cooperative Donates Over 5,100 Pounds of Food to New Jersey Communities](https://thecreditunionconnection.com/new-jersey-credit-unions-food-cooperative-donates-over-4450-pounds-of-food-to-new-jersey-communities/): EdiFi and First Harvest Credit Unions Lead 15 New Jersey-based Credit Unions to Replenish Pantries After Increased Summertime Need First Harvest Credit Union (“First Harvest”) and EdiFi Credit Union (“EdiFi”), along with 13 participating New Jersey credit unions, shared the results of the New Jersey Credit Unions Food Cooperative. The program, created to help address the growing hunger crisis in New Jersey, collected and donated over 5,100 pounds of essential food items in total to support over 20 food pantries and organizations throughout the state. This year’s collection period specifically targeted the heightened need for food during the summer months, […] - [VyStar Credit Union Earns 2025 Finovate Award for Savings Challenge Impact](https://thecreditunionconnection.com/vystar-credit-union-earns-2025-finovate-award-for-savings-challenge-impact/): VyStar Credit Union has been awarded the 2025 Finovate Excellence in Sustainability Award for its innovative Savings Challenge, which helped more than 31,000 members and community participants build emergency savings and collectively set aside more than $5 million in just 90 days. Finovate celebrates standout innovation and impact, and this prestigious recognition places VyStar among a select group of industry leaders shaping the future of financial services. The VyStar Savings Challenge empowered individuals and families to build an emergency savings of $1,000 and strengthen their collective financial habits. It was launched at a critical time for residents in Atlanta, Jacksonville and Orlando, cities ranked by WalletHub as several of the nation’s most […] - [Navy Federal Credit Union’s Cost of Car Ownership Index Reports Near-Record High](https://thecreditunionconnection.com/navy-federals-cost-of-car-ownership/): Navy Federal Credit Union released its latest Cost of Car Ownership (COCO) Index, a resource designed to help consumers better understand the changes in costs of vehicle ownership, including costs like gas, insurance, repairs and purchase prices. From January 2020 to August 2025, car ownership costs — as measured by the COCO Index — have surged by 40.59%, outpacing the 24.79% rise in overall consumer prices (the Consumer Price Index) during the same period. More recently, from the end of 2024 through August 2025, car ownership costs increased 0.8%, compared to a 1.8% rise in prices for all goods and services. While the […] - [A Billion Dollar Credit Union with a 'Mattress Money' Mission](https://thecreditunionconnection.com/a-billion-dollar-credit-union-with-a-mattress-money-mission/): “I was like, ‘Oh my gosh. What did I just do?’” That is how Roxy Ostrem, vice chair at Ventura County Credit Union, remembers her first days on the board in 1997. As the first board member from the agricultural community, she joined an institution primarily focused on county employees, bringing a perspective that was a world away. More than two decades later, that initial feeling of trepidation has been replaced by a deep sense of pride, particularly in how her credit union has championed a community often overlooked by traditional financial institutions, the very people who once kept their […] - [DCUC Welcomes Cross Valley Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-cross-valley-federal-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Cross Valley Federal Credit Union as its newest member. Cross Valley FCU’s mission is to create and provide opportunities for its members by making financial solutions accessible, equitable, and achievable. Cross Valley FCU believes every person has a story and potential, and the credit union is committed each day to understanding its members’ unique journeys, offering guidance, support, and personalized solutions. Founded in 1969 as Wilkes-Barre Federal Employees Federal Credit Union, Cross Valley FCU’s roots lie in serving federal employees. Over the years, the credit union has expanded, changing its name to Cross Valley […] - [NCUA Posts 2026–2027 Proposed Budget](https://thecreditunionconnection.com/ncua-posts-2026-2027-proposed-budget-2/): Agency Accepting Comments  The National Credit Union Administration’s staff draft budget for 2026–2027 is now available on the agency’s website for review and comment. The NCUA has also submitted the proposed budget for publication in the Federal Register, and the comment period remains open until October 24.  The proposed combined 2026 budget is $313.8 million, a 20.6 percent decrease from the 2025 budget. Three main drivers contribute to the reduction in proposed 2026 budget levels: a 23.0 percent reduction to NCUA staffing levels, a 34.1 percent reduction to contracted services budgets, and a 13.4 percent reduction in budgets for employee travel. […] - [NCUA Eliminates Use of Reputational Risk](https://thecreditunionconnection.com/ncua-eliminates-use-of-reputational-risk/): Agency Ceases Using Reputational Risk and Equivalent Concepts The National Credit Union Administration (NCUA) has announced it has ceased using reputation risk and equivalent concepts in the examination and supervisory process. These updates follow White House Executive Order 14331, This is an external link to a website belonging to another federal agency, private organization, or commercial entity. Guaranteeing Fair Banking for All Americans(Opens new window) , which requires federal banking regulators to remove the use of reputational risk or equivalent concepts that could result in politicized or unlawful debanking. NCUA employees will no longer base supervisory concerns on reputation risk, nor will they […] - [TFCU Recognized at Vail Chamber "Southeast Economic" Event](https://thecreditunionconnection.com/tfcu-recognized-at-vail-chamber-southeast-economic-event/): Tucson Federal Credit Union (TFCU) was honored with the Boxcar Capital Award in the Financial Services category at the Vail Chamber of Commerce’s Golden Spike Awards, held at Desert Diamond Casino, in recognition of its significant growth and positive economic impact in the Vail and Southeast Tucson region. The Golden Spike Awards brought together leading business and community leaders – “Southeast Economic Engines” – to celebrate their contribution to the area’s vitality and development. TFCU was recognized for expanding access to affordable financial services, supporting community growth, and strengthening its presence through the Rita Ranch branch. Representing TFCU at the […] - [Bay Federal Makes a Big Splash with Marina Branch Grand Opening Donating $80,000 to Nonprofits](https://thecreditunionconnection.com/bay-federal-makes-a-big-splash-with-marina-branch-grand-opening-donating-80000-to-nonprofits/): The Credit Union celebrated by awarding $80,000 to four nonprofits strengthening the Central Coast community. Bay Federal Credit Union celebrated the grand opening of its new Marina branch with a ribbon-cutting ceremony, marking the occasion by presenting $80,000 in donations to four nonprofits strengthening the Central Coast community. The Credit Union awarded $20,000 each to The Epicenter, Habitat for Humanity Monterey Bay, Veterans Transition Center of California, and The Wahine Project, supporting their ongoing work to create opportunity, stability, and connection for local residents. The donations reflect Bay Federal’s ongoing commitment to the Central Coast community and align with the […] - [Housing Doesn't Have To Be a Dream Deferred, Credit Unions Are Making It Possible](https://thecreditunionconnection.com/housing-doesnt-have-to-be-a-dream-deferred-credit-unions-are-making-it-possible/): Credit Unions collaborate on housing solutions, not typical among the traditional banking industry Credit Unions across the nation are stepping up to help Americans achieve the dream of homeownership. Credit unions are tackling the housing crisis by offering innovative solutions that open doors to affordable housing and long-term stability – like 100% financing, eliminating down payments, waiving private mortgage insurance, low-interest loans, and more. The U.S. housing crisis has been unfolding for more than two decades, fueled by a long-term shortage of homes and worsened by the 2008 financial crash. Affordability issues have been caused by record high home prices […] - [Research Shows Banks & Credit Unions Could Gain $110 Billion in Deposits by Helping Consumers Improve Their Credit Scores](https://thecreditunionconnection.com/banks-and-credit-unions-could-gain-110-billion-in-deposits-by-helping-consumers-improve-their-credit-scores-new-cornerstone-advisors-research-finds/): Checking accounts that report rent and bill payments to credit bureaus rated highest in value by consumers with subprime/near-prime credit scores New research from Cornerstone Advisors estimates that banks and credit unions could recapture $110 billion in deposits and generate more than $1.5 billion in interchange fees by integrating credit reporting capabilities into their checking and payment accounts. The report, Credit Score Management: The $110 BillionDeposit and Payments Magnet, commissioned by Bloom Credit, reveals that a credit-building feature could entice consumers with subprime or near-prime credit scores to change bank accounts and alter payment behaviors. According to the study, 6 in 10 Americans aged 21 to 44 with credit scores […] - [Redwood Credit Union Helps More than 4,000 People Safeguard Their Information at Free Shred-a-Thons](https://thecreditunionconnection.com/redwood-credit-union-helps-more-than-4000-people-safeguard-their-information-at-free-shred-a-thons/): This summer, more than 4,000 residents across five counties took a proactive stance against fraud and identity theft—a 37 percent increase from 2024. They protected their personal information by participating in Redwood Credit Union’s free Shred-a-Thons in Lake, Marin, Mendocino, Napa, and Sonoma counties, securely disposing of old financial records and paperwork. Shred-It trucks were onsite at each event to help communities safely dispose of and recycle 110,880 lbs. of documents. And Conservation Corps of the North Bay collected 28,805 lbs. of e-waste, including old TVs, printers, monitors, computers, and other personal electronics for secure recycling. To put that in perspective, by recycling the […] - [CUES Emerge 2025: Judges Named as Finalists Prepare for October Pitch Show](https://thecreditunionconnection.com/cues-emerge-2025-judges-named-as-finalists-prepare-for-october-pitch-show/): CUES and partner Currency Marketing have named a group of highly-respected credit union leaders to serve as judges for the 2025 CUES Emerge program, which culminates with a Pitch Show on October 1 at 1 p.m. CDT. The judges are:  CUES Emerge was developed by CUES and Currency Marketing to offer free leadership development opportunities to rising professionals across the credit union industry. This year’s cohort of 36 participants engaged in a dynamic program that combined expert-led sessions on strategic thinking, communication, and design thinking with collaborative Mastermind sessions. These experiences guided participants as they built business cases for their credit unions. Of […] - [NCUA Posts 2026–2027 Proposed Budget](https://thecreditunionconnection.com/ncua-posts-2026-2027-proposed-budget/): Agency Accepting Comments The National Credit Union Administration’s staff draft budget for 2026–2027 is now available on the agency’s website for review and comment. The NCUA has also submitted the proposed budget for publication in the Federal Register, and the comment period remains open until October 24. The proposed combined 2026 budget is $313.8 million, a 20.6 percent decrease from the 2025 budget. Three main drivers contribute to the reduction in proposed 2026 budget levels: a 23.0 percent reduction to NCUA staffing levels, a 34.1 percent reduction to contracted services budgets, and a 13.4 percent reduction in budgets for employee travel. […] - [Garden Savings Federal Credit Union Raises $26,000 For Charity At 13th Annual Golf Outing](https://thecreditunionconnection.com/garden-savings-federal-credit-union-raises-26000-for-charity-at-13th-annual-golf-outing/): Garden Savings FCU is pleased to announce that it raised $26,000 at its 13th Annual Golf Outing, held on Tuesday, September 23, at Forsgate Country Club in Monroe Township, NJ. The generous donations collected during the outing will play a vital role in supporting the essential work conducted by The Children’s Specialized Hospital of New Brunswick and Big Brothers Big Sisters of Coastal and Northern New Jersey. Mike Powers, the CEO of Garden Savings FCU, expressed his heartfelt gratitude to the over 80 credit union professionals, vendors, and sponsors who attended this year’s event. He remarked, “We are immensely thankful […] - [Royal Credit Union Announces New Executive Vice President - Chief Retail and Digital Services Officer ](https://thecreditunionconnection.com/royal-credit-union-announces-new-executive-vice-president-chief-retail-and-digital-services-officer/): Royal Credit Union (Royal) has named Andy Swope Executive Vice President – Chief Retail and Digital Services Officer. In his new role, Swope will oversee the integration of digital services, retail operations, product innovation, and payment solutions ensuring a cohesive, forward-thinking approach that aligns with Royal’s core purpose. “Andy’s expertise will be instrumental in guiding how we create a positive impact—both digitally and in-office,” said Brandon Riechers, Royal President and CEO. “We are excited to welcome Andy’s leadership as we continue evolving to meet the needs of our Members.”  Swope brings over 20 years of experience across the financial services […] - [Chartway is Now The “Official Credit Union of Norfolk State University Athletics”](https://thecreditunionconnection.com/chartway-is-now-the-official-credit-union-of-norfolk-state-university-athletics/): Three-year sponsorship renewal reaffirms commitment to community, inclusion, and student success Chartway Credit Union is proud to renew and expand its relationship with Norfolk State University (NSU) to include a multi-year sponsorship as the “Official Credit Union of NSU Athletics.” This continued collaboration deepens Chartway’s commitment to empowering communities through financial inclusion and aligns with NSU’s mission to help its students learn, grow and achieve their full potential.  “Chartway is proud to grow our sponsorship with Norfolk State University Athletics, continuing a collaboration rooted in shared values and community impact,” said Melissa Cade, Chartway’s chief experience officer. “As a Historically Black College and University […] - [Apiture Recognized as Market Leader in Javelin 2025 Small Business Digital Banking Vendor Scorecard](https://thecreditunionconnection.com/apiture-recognized-as-market-leader-in-javelin-2025-small-business-digital-banking-vendor-scorecard/): Apiture stands out with refined business banking experience and powerful tools designed to support small business growth Apiture today announced it has been named a market leader in the Javelin Strategy & Research 2025 Small Business Digital Banking Vendor Scorecard. Among the vendors evaluated, Apiture earned the highest score in the Administration and Portfolio Management category and leading scores in Functionality and User Experience as well as Strategic Direction and Delivery. “Apiture delivers one of the most forward-looking digital banking platforms in the market,” said Ian Benton, senior analyst at Javelin Strategy & Research. “It pairs one of the most […] - [America’s Credit Union Museum Unveils First Nine Honorees for “Woven in History: A Tapestry of Unsung Heroes” Exhibit](https://thecreditunionconnection.com/americas-credit-union-museum-unveils-first-nine-honorees-for-woven-in-history-a-tapestry-of-unsung-heroes-exhibit/): America’s Credit Union Museum is proud to announce the first nine honorees featured in its newest exhibit, “Woven in History: A Tapestry of Unsung Heroes,” opening September 24, 2025.  The Unsung Heroes exhibit highlights individuals whose steadfast vision and community spirit built strong foundations for financial cooperation—often without fanfare or public recognition. The first nine honorees include: Together, these pioneers embody the resilience, innovation, and service that define the credit union ethos. Each story is preserved through digital archives ensuring that future generations can learn from their contributions. “This exhibit is about more than history—it’s about gratitude,” said Stephanie Smith, […] - [How AI is helping credit unions fight rising small business fraud](https://thecreditunionconnection.com/how-ai-is-helping-credit-unions-fight-rising-small-business-fraud/): Fraud against small businesses jumped a staggering 70% since the COVID-19 pandemic, and according to Will Tumulty, CEO of Rapid Finance, the shift to online lending has made it easier than ever for fraudsters to strike. On The Credit Union Connection, Tumulty sat down with Sarah Snell Cooke to discuss how this alarming trend is affecting small businesses and why credit unions must step up their game to protect both their members and their operations. Tumulty breaks down how AI is proving to be a game-changer in the fight against fraud. Imagine AI not only reading documents in the blink […] - [Ocean State Credit Union Becomes First to Establish Member-Owned Presence in Providence's Financial District](https://thecreditunionconnection.com/ocean-state-credit-union-becomes-first-to-establish-member-owned-presence-in-providences-financial-district/): Celebrating 75 Years, Ocean State CU Marks its Anniversary with a Bold Downtown Expansion, the Only Credit Union in the Financial District, Signaling a New Era of Member-First Banking and Community Investment  Ocean State Credit Union is celebrating its 75th anniversary with the grand opening of its new flagship branch at 40 Westminster Street in downtown Providence, a milestone that unites a proud legacy with a bold vision for the future. Providence’s Financial District has long been where culture and commerce converge, shaping the city’s prosperity and progress. This opening is more than a new location; it is a declaration of reinvention. […] - [Prove and Backbase Partner to Enable Faster and Safer Onboarding for Financial Institutions](https://thecreditunionconnection.com/prove-and-backbase-partner-to-enable-faster-and-safer-onboarding-for-financial-institutions/): The Prove Pre-Fill solution integrates with Backbase’s AI-powered Banking Platform to reduce fraud, streamline data entry, and improve digital account opening experiences. Prove and Backbase today announced a strategic partnership aimed at transforming how financial institutions onboard new customers in the United States. The integration brings together seamless, identity verification and secure customer experience to address two of the biggest challenges in digital banking today: fraud prevention and onboarding friction. By embedding the Prove Pre-Fill® solution into the Backbase AI-powered Banking Platform, banks and credit unions can now offer a dramatically improved account opening and digital lending experience. With a customer’s […] - [DCUC Highlights Overwhelming Public Support for Expanding Credit Union Small-Business Lending](https://thecreditunionconnection.com/dcuc-highlights-overwhelming-public-support-for-expanding-credit-union-small-business-lending/): DCUC Mobilizes Credit Unions Through Grassroots Advocacy Efforts The Defense Credit Union Council (DCUC) has called attention to a recent Washington Reporter article that highlights a poll revealing that 62% of voters – across party lines – support eliminating the federal cap on small-business loans by credit unions.  Support was especially strong among Republican voters, with 71% in favor, signaling real momentum for legislative action in this Congress. By a 41-point margin, Americans want to empower credit unions to lend more to small businesses – a decisive mandate in today’s polarized political climate.  DCUC immediately activated a grassroots advocacy initiative, […] - [PenAir Credit Union Expands NCR Atleos Relationship to Support Growth](https://thecreditunionconnection.com/penair-credit-union-expands-ncr-atleos-relationship-to-support-growth/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that $2.6 billion-asset PenAir Credit Union has broadened its relationship with Atleos, extending its use of the Atleos Allpoint Network to new geographies and adding Atleos Allpoint+ deposit-accepting ATMs to support growth. PenAir Credit Union has been successfully leveraging the Atleos Allpoint Network for three years, providing surcharge-free cash access to members from the convenience and security of where they already live and shop. As PenAir grows its footprint, the credit union is expanding its use of the Allpoint Network into Bay County, Fla., complementing the new branch scheduled to open there in 2026. PenAir Credit Union will […] - [People’s Credit Union Leads 2nd Annual Day of Purpose](https://thecreditunionconnection.com/peoples-credit-union-leads-2nd-annual-day-of-purpose/): Employees donate time and talent to raise awareness of homelessness across Rhode Island To support those facing housing insecurity and homelessness in Rhode Island, People’s Credit Union recently partnered with twelve nonprofit organizations across the state for their 2nd annual Day of Purpose. All People’s branches, including the Member Service Center, were closed on Thursday, September 18th, for employees to volunteer over 500 hours of their time. Employees also held a clothing drive where over 400 pounds of women’s, men’s and children’s clothing were collected. “At People’s Credit Union, being a catalyst for positive change means using our resources and […] - [Vizo Financial Celebrates a Successful 2025 Financial Conference](https://thecreditunionconnection.com/vizo-financial-celebrates-a-successful-2025-financial-conference/): Vizo Financial’s 2025 Financial Conference had great attendance and received lots of positive feedback from attendees, making it another successful year for the Corporate’s largest annual educational event.  On September 10-12, 2025, Vizo Financial hosted a record number of credit union attendees at the event, which was held at the Omni Grove Park Inn in Asheville, N.C. The conference centered around education sessions led by industry experts, several networking opportunities and fun activities including an electric bike tour, spa sessions and golf.  Several renowned financial and credit union-industry organization speakers led conference sessions this year:  · Nicole Cervi, Wells Fargo  […] - [CD Valet Launches Interactive CD Rate Map, Helping Savers Make the Most of their Money](https://thecreditunionconnection.com/cd-valet-launches-interactive-cd-rate-map-helping-savers-make-the-most-of-their-money/): CD Valet’s Best CD Rates by State Map displays best CD rates from banks and credit unions to help savvy savers earn more CD Valet today launched Best CD Rates by State Map, an interactive map of the U.S. that displays the top CD rates from banks and credit unions by state. The intuitive tool helps consumers ensure they are finding the best rates so they can maximize earnings on their savings. CD Valet’s Best CD Rates by State Map provides a seamless experience; the tool’s design is responsive, working well on both mobile devices and desktop browsers. Consumers can quickly […] - [Affinity Plus Foundation Awards $84,000 in Scholarships to Student Members Across Minnesota](https://thecreditunionconnection.com/affinity-plus-foundation-awards-84000-in-scholarships-to-student-members-across-minnesota/): 21 student members each receive $4,000 to support tuition, books, and educational expenses for the 2025–2026 school year The Affinity Plus Foundation is proud to announce that it has awarded $84,000 in scholarships to 21 student members across Minnesota for the 2025-2026 school year. Each recipient will receive a $4,000 scholarship to help offset the cost of tuition, books, and other educational expenses. This year, the Foundation awarded 20 General Foundation Scholarships to primary student members of Affinity Plus Federal Credit Union, continuing its mission to invest in the education and future of Minnesota’s youth. In addition, the Foundation introduced […] - [American Heritage Credit Union Recognized as a 2025 Love in Action Honoree from CORA Services](https://thecreditunionconnection.com/american-heritage-credit-union-recognized-as-a-2025-love-in-action-honoree-from-cora-services/): CORA Services has been a part of American Heritage’s Workplace Partner Program since 2019 American Heritage Credit Union (“American Heritage”) has been selected as an honoree for CORA Services’ (“CORA”) Love in Action Awards for 2025. This award is given to “individuals or organizations who have selflessly dedicated their time, talent, voice, and resources to empowering families.” CORA has been a part of American Heritage’s Workplace Partner Program for six years. Through this partnership, American Heritage has supported CORA’s mission of “empowering children, young people, and families to thrive through quality and compassionate service.” CORA has been a benefactor of […] - [The State of Credit Card Debt in 2025 & Where Credit Unions Go from Here](https://thecreditunionconnection.com/the-state-of-credit-card-debt-in-2025-where-credit-unions-go-from-here/): Lydia Wedlock, editorial assistant, The Credit Union Connection As we head into the final months of 2025, consumers across the country continue to worry about inflation and the impact of tariffs on their wallets. However, despite the many challenges that everyday people face, credit card debt has decreased over the past several months. Credit card holders are staying strong and continuing to spend for now, but the challenge will be to keep debt down if the economy and inflation levels continue to be rocky. Credit Card Debt on the Decline According to the latest Fed Rate Survey from WalletHub, as of […] - [RAI Partners Continues Leadership Expansion With Appointment of Sheila Fenton as Senior Vice President of Sales](https://thecreditunionconnection.com/rai-partners-continues-leadership-expansion-with-appointment-of-sheila-fenton-as-senior-vice-president-of-sales/): Industry veteran joins team to accelerate Credit Union growth RAI Partners today announced the appointment of Sheila Fenton as Senior Vice President of Sales. Fenton brings three decades of financial services leadership and will spearhead national sales initiatives to expand RAI’s credit card solutions across the credit union market.  The appointment reinforces RAI Partners’ commitment to the credit union industry, with Fenton joining after serving as Vice President, Issuer Processor Solutions, North America at Visa. Her nearly two-decade tenure at PSCU (now Velera) included building multiple high-performing national sales teams and earning the President’s Award for eight consecutive years—experience that […] - [First Harvest Credit Union Shreds 1.58 Tons of Paper During Second Annual Free Community Shredder Event](https://thecreditunionconnection.com/first-harvest-credit-union-shreds-1-58-tons-of-paper-during-second-annual-free-community-shredder-event/): Over 150 Community Members Securely Dispose Documents at Credit Union’s Deptford Location First Harvest Credit Union (“First Harvest”) recently hosted its second annual free Community Shredder Event at its Deptford Corporate Center to offer a secure method for disposing of documents. Approximately 150 community members attended the event, shredding a combined total of over 1.58 tons of paper. This event helped to keep roughly 3,500 pounds of paper waste out of local landfills. First Harvest is hosting various give-back programs this year to reinvest in the Southern New Jersey community as a part of its 85 Acts of Kindness initiative […] - [That’s what she said: A Q&A with Jennifer Audette](https://thecreditunionconnection.com/thats-what-she-said-a-qa-with-jennifer-audette/): For nearly 30 years, Jennifer Audette has been sharing her passion for the people-helping-people philosophy of credit unions. Her credit union journey began when she was in college, working part-time at Burbank City Employees Credit Union, and from there, she was all in on the credit union mission!  Now, as the CEO of POLAM Federal Credit Union, she continues to advocate for credit unions and has no plans to stop anytime soon.  In this Q&A, Jennifer discusses how strategic partnerships play a role in growth strategies, what credit unions need to do to remain relevant in their communities and how […] - [Supreme Court Sends Strongest Signal Yet That Independent Agencies Are Dead](https://thecreditunionconnection.com/supreme-court-sends-strongest-signal-yet-that-independent-agencies-are-dead/): Henry Meier, The Law Office of Henry C. Meier, Esq.  Yesterday, the Supreme Court sent its strongest signal yet that it is prepared to rule that independent agencies, such as the NCUA, are unconstitutional to the extent they limit a President’s authority to remove agency heads except “for cause.”  Trump v. Slaughter involves a challenge by a democratic member of the Federal Trade Commission whom the Trump Administration fired. She claimed that her removal violated federal statute and prevailing caselaw, pursuant to which FTC commissioners can only be removed for cause. An almost identical argument is, of course, being made […] - [True North Federal Credit Union Launches Mahalo Banking Platform to Deliver Secure, Modern Member Experience](https://thecreditunionconnection.com/true-north-federal-credit-union-launches-mahalo-banking-platform-to-deliver-secure-modern-member-experience/): New platform delivers deep Keystone integration, advanced security, and trusted support True North Federal Credit Union (‘True North’) has officially launched its new digital banking platform powered by Mahalo Banking. Earlier this year, True North selected Mahalo not only for its deep Corelation Keystone integration and advanced fraud prevention, but also for the company’s reputation for expertise, responsiveness, and a team that partners closely with credit unions throughout every step of the process. “Launching the Mahalo platform is an exciting milestone for the credit union and our members,” said Lauren MacVay, President and CEO of True North. “Our integration was […] - [Agent IQ Launches SmartLynq, Industry’s Secure AI-Powered Knowledge Assistant That Transforms How Financial Institution Staff Access Information ](https://thecreditunionconnection.com/agent-iq-launches-smartlynq-industrys-secure-ai-powered-knowledge-assistant-that-transforms-how-financial-institution-staff-access-information/): Agent IQ today announced the launch of SmartLynq, a secure generative AI-based knowledge assistant designed specifically for financial institutions.   Using generative AI technology similar to AI chatbots like Anthropic’s Claude, Google’s Gemini and OpenAI’s ChatGPT, SmartLynq addresses a critical operational challenge by giving bank and credit union employees instant access to accurate information from institution-approved sources, dramatically reducing search time while ensuring compliance and consistency.  Addressing a critical gap, SmartLynq is vital for financial institutions, where leaders continue to grapple with widespread, unsupervised AI use among employees. McKinsey exposes a dangerous disconnect. C-suite executives believe only 4% of employees regularly use generative AI […] - [Red Rocks Credit Union Expands Partnership with Alkami to Deliver its Digital Sales & Service Platform](https://thecreditunionconnection.com/red-rocks-credit-union-expands-partnership-with-alkami-to-deliver-its-digital-sales-service-platform/): Addition of the Digital Banking Solution and Data & Marketing Solution completes Red Rocks’ end-to-end member experience strategy Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced that Red Rocks Credit Union (Red Rocks) has expanded its relationship with Alkami, adding the company’s Digital Banking Solution and Data & Marketing Solution to its existing Onboarding & Account Opening Solution. Serving Colorado communities for more than four decades, Red Rocks has built a reputation for pairing trusted, people-first service with modern digital tools. Today, it supports thousands of members across the state. This approach made Alkami a natural partner in advancing Red Rocks’ mission to enrich lives through effortless, […] - [Iowa Credit Union Movement Celebrates 100 Years During Iowa Credit Union Convention](https://thecreditunionconnection.com/iowa-credit-union-movement-celebrates-100-years-during-iowa-credit-union-convention/): More than 550 credit union leaders, board members, young professionals, and industry partners gathered in Dubuque September 17–19 for the Iowa Credit Union Convention. This year’s event carried special significance as it honored the 100th anniversary of credit unions in Iowa. The convention featured educational sessions designed to equip credit unions with insights and tools to strengthen the financial well-being of Iowans and prepare for the future of the movement. During the 2025 Iowa Credit Union League (ICUL) Annual Meeting, Iowa Credit Union Awards were presented to outstanding individuals for their leadership, innovation and service.  “The Iowa Credit Union Awards […] - [Addition Financial Opens New Branch in Central Florida’s Four Corners Region](https://thecreditunionconnection.com/addition-financial-opens-new-branch-in-central-floridas-four-corners-region/): Addition Financial Credit Union has opened its 27th branch, in the rapidly growing Four Corners region of Central Florida. Conveniently located off U.S. Highway 27 near Cagan Crossings, the branch expands access to trusted financial services for residents and businesses across Lake, Orange, Osceola, and Polk counties. The Four Corners branch is the first in Addition Financial’s network to open with fully integrated ATM + Live Teller technology in its drive-through lanes. This upgraded experience allows members to conduct their banking with a live teller, offering both convenience and personalized service without ever leaving their vehicle. “We are proud to […] - [AI-Driven Innovation and Collaboration Shine at AKUVO Community Conference 2025](https://thecreditunionconnection.com/ai-driven-innovation-and-collaboration-shine-at-akuvo-community-conference-2025/): AKUVO successfully concluded its annual Community Conference, held September 10–12 at the JW Marriott Desert Ridge in Phoenix. The three-day event drew 230 attendees representing credit unions, banks, fintechs and 20 partner organizations, underscoring AKUVO’s growing influence and leadership in shaping the future of financial services technology.  The conference showcased AKUVO’s rapid momentum in artificial intelligence and data-driven collections. Sessions highlighted practical applications of AI, machine learning and data models to improve recoveries, anticipate delinquency trends and optimize portfolio performance.  Collaboration was another defining theme of the event. Fifteen AKUVO customers appeared as panelists, openly sharing best practices, success stories […] - [Mitchell, Stankovic and Associates Welcomes George Estrada as Fractional Chief of Technology and Innovation within CUSS™](https://thecreditunionconnection.com/breaking-old-habits-george-estrada-on-rethinking-the-credit-union-future/): “This opportunity allows me to leverage my expertise and passion for technology to help credit unions overcome their challenges and thrive in the modern financial landscape.” Mitchell, Stankovic and Associates (MSA) is excited to announce that George Estrada, founder of Orion, and fractional CTIO of Rize Credit Union has joined the Credit Union Shared Services (CUSS™) model as a fractional Chief of Technology and Innovation (CTIO). “After Money20/20 in 2023, I was referred to George Estrada with Amazon Web Services and learned about AWS credit union sector and his commitment to cooperative principles,” noted Susan Mitchell, CEO of MSA. “George […] - [Simplified CECL Tool Updated for September 2025](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-september-2025/): The National Credit Union Administration today released the September 2025 update of its Simplified CECL Tool, which was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors.   For credit unions currently using the Simplified CECL Tool, the September 2025 release facilitates calculating the credit loss expense on loans and lease for the period ending September 30, 2025. To get the latest version, please visit The Simplified CECL Tool page and click on “Download the Latest Simplified CECL Tool.” […] - [Royal Credit Union President and CEO Receives 2025 Blugold Spirit Award ](https://thecreditunionconnection.com/royal-credit-union-president-and-ceo-receives-2025-blugold-spirit-award/): Royal Credit Union (Royal) is proud to announce that President and CEO Brandon Riechers and his wife, Emily Riechers, have been selected to receive the 2025 Blugold Spirit Award from the University of Wisconsin–Eau Claire Alumni Association.  The Blugold Spirit Award recognizes alumni who demonstrate excellence, generosity and a deep commitment to UW–Eau Claire and the community.  “Brandon and Emily have been campus advocates throughout their lives in the Chippewa Valley,” said Julia Diggins, Vice President of Development at UW-Eau Claire. “They are active supporters of students, staff, athletics and the entire UWEC community, generous with both their time and […] - [When Fraudsters Level Up, Credit Unions Need to Fight Smarter](https://thecreditunionconnection.com/when-fraudsters-level-up-credit-unions-need-to-fight-smarter/): “They’re not lone hackers in hoodies anymore.” That’s how Jeff Scott, vice president of Fraud Tech Solutions at Q2 Holdings, sized up today’s fraudsters when he joined Sarah Snell Cooke on The Credit Union Connection. Picture less Hollywood basement, more industrial-scale operation: rented bots, synthetic identities, organized rings. And yes, they’re armed with AI. The twist? Credit unions can use the very same tools to punch above their weight. As Jeff put it, artificial intelligence isn’t just for the fraudsters; it’s also the great equalizer. Even without a giant fraud department, credit unions now have the chance to detect patterns […] - [Meritrust Announces Partnership with Division I Quarterback Kaidon Salter](https://thecreditunionconnection.com/meritrust-announces-partnership-with-division-i-quarterback-kaidon-salter/): Meritrust Credit Union is proud to announce its partnership with Division I quarterback Kaidon Salter. Salter is currently pursuing a graduate degree in sports management. Meritrust and Salter are both new to Colorado. Meritrust recently merged with Premier Members Credit Union, and Salter is a transfer student from Virginia. They share more than just a change of scenery; they share a drive to make a difference. This partnership represents the power of purpose-driven influence and the importance of financial well-being. By teaming up with Salter, Meritrust is amplifying its commitment to financial health, as well as Boulder and the entire […] - [Bay Federal Credit Union Marks Milestone with New Marina Branch Ribbon Cutting](https://thecreditunionconnection.com/bay-federal-credit-union-marks-milestone-with-new-marina-branch-ribbon-cutting/): Serving over 94,000 members across the Central Coast, the Credit Union expands local access in Monterey County Bay Federal Credit Union officially marked the opening of its newest full-service branch in Marina, California, with a ribbon-cutting celebration on Wednesday, September 17. The invitation-only event welcomed local dignitaries, business partners, and community leaders to commemorate the milestone and tour the new space. Held at 140 10th St, Suite 20, Marina, CA 93933, the event featured remarks from Bay Federal Leadership, including President and CEO Carrie Birkhofer, CMO Mark Ely, AVP Branch Manager Denise Gomez, and Monica Lal, President and CEO of the Monterey […] - [The Velera Payments Index: September 2025](https://thecreditunionconnection.com/the-velera-payments-index-september-2025/): In August, consumer spending growth remained consistent while consumer sentiment softened. As a sign of the slowing economy, job growth in August was again much lower than anticipated by many economists, with 22,000 new jobs being reported. Job gains in healthcare were offset by declines in jobs in the federal government, mining, quarrying and oil/gas extraction. On Sept. 9, the U.S. Bureau of Labor Statistics (BLS) released the current employment revision for March 2025, detailing that the economy grew by 911,000 fewer jobs dating back to April 2024. This much weaker view of the labor market brings the average monthly growth in jobs for […] - [Tucson Federal Credit Union Supports Student Success at College & Career Night](https://thecreditunionconnection.com/tucson-federal-credit-union-supports-student-success-at-college-career-night/): Highlighting Financial Education, Youth Accounts, and Community Partnerships Tucson Federal Credit Union (TFCU) will participate in the Southern Arizona College & Career Night at the Tucson Convention Center on September 23, where thousands of high school students and families explore future opportunities in education and careers. TFCU will share resources on youth and young adult financial accounts, including its JumpStart Savers program, and provide information on building smart money habits that prepare students for the next stage of life. This event is one of many ways TFCU invests in financial education for youth throughout the year. The credit union partners […] - [DCUC Urges CFPB to Reconsider Proposed Rule on Supervisory Authority](https://thecreditunionconnection.com/dcuc-urges-cfpb-to-reconsider-proposed-rule-on-supervisory-authority/): Today, the Defense Credit Union Council (DCUC) provided comments to the Consumer Financial Protection Bureau (CFPB) and expressed concerns about the Bureau’s proposed rule on the legal standard for designating nonbank entities for supervision. See DCUC’s letter here. While DCUC supports the CFPB’s broader goals of consistency, transparency, and streamlined oversight, DCUC warned that the proposal, as written, would weaken supervisory authority over nonbank financial firms and create an imbalanced regulatory landscape. “The CFPB’s proposal narrows its own ability to oversee nonbanks at a time when their number and complexity are growing,” says Jason Stverak, DCUC Chief Advocacy Officer. “This not […] - [Chartway Sponsors Salt Lake Community College to Support ESL and CLAS Students](https://thecreditunionconnection.com/chartway-sponsors-salt-lake-community-college-to-support-esl-and-clas-students/): $30K sponsorship to fund scholarships, cultural programming, and community engagement Chartway Credit Union is proud to announce its sponsorship of Salt Lake Community College (SLCC), deepening its commitment to financial education, inclusion, and community development in Utah. Through this one-year commitment, Chartway will provide $30,000 in funding to support SLCC’s English as a Second Language (ESL) scholarships and the Center of Latin American Studies (CLAS).  The sponsorship includes $10,000 in scholarship support for ESL students who demonstrate financial need and $20,000 in unrestricted funds to advance CLAS programming, which fosters academic and cultural connections between SLCC and Latin American institutions.  […] - [Serve It Forward Pickleball Scramble to Benefit Local Family](https://thecreditunionconnection.com/serve-it-forward-pickleball-scramble-to-benefit-local-family/): Community rallies around pickleball for a cause The Serve It Forward Pickleball Scramble, scheduled for Friday, Oct. 24, at Crossroads Pickleball in Jackson, aims to support the Garrett family’s efforts to build a safe, accessible home for their daughter, 11-year-old Kimmie.  Over the past year, the Garretts, a family of six, have faced immense challenges as Kimmie battled a life-threatening illness that resulted in the loss of her limbs. The Garretts’ current home is no longer suitable for Kimmie’s new mobility needs, and a more accessible living space is essential for her continued recovery and well-being.  This scramble offers an […] - [Vista Equity Partners Invests in AKUVO to Accelerate AI-Powered Innovation](https://thecreditunionconnection.com/vista-equity-partners-invests-in-akuvo-to-accelerate-ai-powered-innovation/): AKUVO today announced a strategic investment from Vista Equity Partners (“Vista”), a global technology investor that specializes in enterprise software. The investment aims to significantly accelerate AKUVO’s artificial intelligence (AI) strategy and further its mission to modernize collections and risk management for financial institutions.  “This partnership with Vista is a transformative step for AKUVO and a major leap forward for the industry,” said Jay Mossman, Founder and CEO of AKUVO. “AI isn’t just a buzzword—it’s the key to helping financial institutions act faster, work smarter and deliver better results. With Vista’s support, we’re accelerating our roadmap and delivering the tools […] - [Lake Trust Foundation Celebrates 2025 Scholarship Winners, Investing In Michigan’s Future Workforce](https://thecreditunionconnection.com/lake-trust-foundation-celebrates-2025-scholarship-winners-investing-in-michigans-future-workforce/): The Lake Trust Foundation, an independent charitable organization of Lake Trust Credit Union, has announced the 2025 recipients of its annual New Beginnings Scholarship and Michigan Impact Scholarship. Together, these awards recognize Michigan residents who are taking steps to advance their education and enter high-demand careers that strengthen local communities. “Our scholarship recipients are inspiring examples of resilience and ambition,” said Brandalynn Winchester-Middlebrook, treasurer of The Lake Trust Foundation. “Each has a unique story, but they share a common drive to gain skills that will benefit both their personal journeys and the future of Michigan. By supporting them, we’re not […] - [California, Nevada, and Utah Credit Union Leagues Announce Leadership Transition, Strengthen Commitment to Fuel Solutions](https://thecreditunionconnection.com/california-nevada-and-utah-credit-union-leagues-announce-leadership-transition-strengthen-commitment-to-fuel-solutions/): Commitment to Advocacy, Support, and Local Priorities Remains Central During Leadership Change California’s Credit Unions, Nevada’s Credit Unions, and Utah’s Credit Unions today announced leadership transition plans and reaffirmed their commitment to the Fuel Solutions model. Current President and CEO Scott Simpson will assume his new role as President and CEO of America’s Credit Unions effective November 3, 2025. Until that time, Simpson continues to lead the three Leagues, working closely with leadership and members to support credit unions across the states. To ensure a smooth and thoughtful transition, the Boards of each League have formed search committees to guide the process of […] - [Three Credit Unions Announce New Hires; LLCU Vice President & Credit Officer Earns AMA Certified Professional Management® Designation](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-llcu-vice-president-credit-officer-earns-ama-certified-professional-management-designation/): Three credit unions, including USAlliance Financial and Wescom Financial, announced new additions to their teams, and a Vice President & Credit Officer from Land of Lincoln Credit Union earned the designation of Certified Professional Management® by the American Management Association. New Hires: Recognitions: Promotions: Appointments: - [From Barber Shops to Money20/20: Shirley Senn Tackles Credit Unions' Survival](https://thecreditunionconnection.com/credit-unions-survival-through-shirley-senns-eyes/): Watch the video and then come to the Underground in Vegas to listen to her and many more credit union leaders! “Come live in a small town and you’ll see what happens when there’s no credit union.” With that simple but striking statement, Shirley Senn set the tone for her conversation with Sarah Snell Cooke on The Credit Union Connection. It’s the kind of remark that makes you stop and think, not just about credit unions, but about the communities that quietly rely on them every single day. Shirley’s career has taken her from small barber shop board meetings to […] - [NCUA Board Briefed on Share Insurance Fund](https://thecreditunionconnection.com/ncua-board-briefed-on-share-insurance-fund/): The National Credit Union Administration (NCUA) Board held an open meeting today and received a briefing on the second quarter report for the Share Insurance Fund. In the Share Insurance Fund briefing, Melissa Lowden, the Acting Chief Financial Officer, reported $82.0 million in net income during the second quarter of 2025 and $23.2 billion in total assets as of June 30, 2025. Ms. Lowden noted the equity ratio was 1.28 percent as of June 30, 2025, which represents a decrease of 2 basis points from December 31, 2024. The semi-annual decline was attributed to the growth of insured shares, which increased […] - [Transport Credit Union™ Launches New Brand Identity, Reaffirming Commitment to Transportation Workers](https://thecreditunionconnection.com/transport-credit-union-launches-new-brand-identity-reaffirming-commitment-to-transportation-workers/): After more than 86 years of serving transportation and industrial workers nationwide, Coast2Coast Financial Credit Union has officially rebranded as Transport Credit Union. The new name reflects a return to the organization’s roots and renewed dedication to the communities that drive America’s economy. The rebrand is more than cosmetic—it underscores the credit union’s enduring values and focused mission: Delivering Your Financial Success. Transport Credit Union remains dedicated to supporting the financial well-being of the hardworking individuals and families who keep commerce moving, from delivery drivers and logistics professionals to mechanics, operators, and industry staff. “This name change is all about moving forward […] - [DCUC Welcomes Altra Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-altra-federal-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Altra Federal Credit Union as its newest member. Altra FCU was state chartered in 1931 as Trane Employees Credit Union in La Crosse, WI. Over the years, services expanded well beyond the La Crosse, WI, area, and membership eligibility expanded to include more than Trane employees. In 2005, the credit union was renamed Altra Federal Credit Union. The name was chosen to reflect the increased diversity of Altra FCU’s membership while honoring our history by combining the words alliance, Trane, allegiance, and tradition. Today, Altra FCU serves members in all 50 states and locations […] - [Tyfone, BioCatch Partner to Deliver Advanced Account Takeover Protection ](https://thecreditunionconnection.com/tyfone-biocatch-partner-to-deliver-advanced-account-takeover-protection/): Strategic integration provides real-time fraud detection and prevention for community financial institutions Digital banking solutions provider Tyfone today announced a strategic partnership with BioCatch, which prevents financial crime by recognizing patterns in human behavior, to help community financial institutions (CFIs) proactively detect and prevent fraudulent activity across digital channels. BioCatch’s behavior- and device-based Account Takeover Protection solution is now seamlessly integrated with Tyfone’s nFinia® Digital Banking Platform, a configurable solution designed to meet the evolving needs of both retail and commercial banking customers. The addition of BioCatch’s real-time behavioral analytics to Tyfone’s nFinia platform provides CFIs with an additional layer of security, including the […] - [Tower Federal Credit Union Employees Volunteer at Local Charities Supporting Military, Veterans, and Children in Need, Deliver Free Lunch to Firefighters as Part of the 9/11 National Day of Service](https://thecreditunionconnection.com/tower-federal-credit-union-employees-volunteer-at-local-charities-supporting-military-veterans-and-children-in-need-deliver-free-lunch-to-firefighters-as-part-of-the-9-11-national-day-of-service/): As part of the 9/11 National Day of Service, forty Tower Federal Credit Union employees volunteered throughout the community last week at seven charities that help military heroes, Veterans, and children in need—and surprised local firefighters with a free lunch.  Tower employees volunteered at Casey Cares, to support critically ill children and their families; Comfort Cases, which helps children and teens entering the foster care system; Hero Dogs, which provides service companion animals for disabled Veterans; Maryland Therapeutic Riding, which provides equine therapy for injured soldiers and Veterans; So What Else, to support children and families living in underserved areas; […] - [CDFI Fund Now Accepting Extension Requests for the CDFI Certification Reapplication Window 2 Submission Deadline of September 30, 2025](https://thecreditunionconnection.com/cdfi-fund-now-accepting-extension-requests-for-the-cdfi-certification-reapplication-window-2-submission-deadline-of-september-30-2025/): The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) is now allowing currently Certified Community Development Financial Institutions (CDFIs) who have not yet submitted their revised CDFI Certification Application (released December 2023) to submit an extension request for the upcoming September 30, 2025, CDFI Certification Application submission deadline. On June 20, 2024, the CDFI Fund announced the updated CDFI Certification Application deadlines for currently Certified CDFIs. In the announcement, the CDFI Fund stated, “No additional grace period or extension will be provided to CDFIs that fail to submit their Application by the revised deadline.” As of today’s announcement, the […] - [Member Access Processing (MAP) Announces Dolphin Debit Partnership](https://thecreditunionconnection.com/member-access-processing-map-announces-dolphin-debit-partnership/): Member Access Processing (MAP) announced a strategic partnership with Dolphin Debit, a full-service ATM and ITM management company.  “We are excited to partner with Member Access Processing,” said Joe Woods, SVP Marketing & Partnerships at Dolphin Debit. “Our two organizations have a strong track record of providing exceptional service and solutions for our clients. We are confident that this partnership will be a great success for both organizations and the credit unions we serve.”  Dolphin Debit has strategic partnerships with many credit union associations nationwide and operates all makes and models of ATM equipment in various branch and off-premise venues, […] - [Dakotas Credit Unions Celebrate Major Victory with Passage of Homebuyers Privacy Protection Act](https://thecreditunionconnection.com/dakotas-credit-unions-celebrate-major-victory-with-passage-of-homebuyers-privacy-protection-act/): The Dakota Credit Union Association (DakCU) is proud to announce the passage of the bipartisan Homebuyers Privacy Protection Act (H.R. 2808), signed into law last week by President Donald Trump, which will bring an end to harmful mortgage “trigger leads.” A trigger lead is the sale of a prospective homebuyer’s personal information to other lenders after they apply for a mortgage, often without their knowledge or consent. Both mortgage professionals and consumer advocates have long opposed this practice.  This issue first surfaced when Bismarck-based Capital Credit Union raised concerns over misleading solicitations confusing their members. While America’s Credit Unions had […] - [NuMark Credit Union Honors Veterans at National Cemetery Beautification Event](https://thecreditunionconnection.com/numark-credit-union-honors-veterans-at-national-cemetery-beautification-event/): Local financial institution helps clean veteran gravesites at Abraham Lincoln National Cemetery in observance of Patriots’ Day NuMark Credit Union (NuMark) joined community members on Thursday, September 11th at the Abraham Lincoln National Cemetery (ALNC) in Elwood to participate in a gravestone cleaning event in honor of Patriots’ Day. The event was hosted by the organization Carry the Load, as part of one of their National Days of Service.  For many years, NuMark has participated in events at the cemetery meant to honor our fallen veterans. This is NuMark’s first time participating in the gravestone cleaning honoring the anniversary of September […] - [Splash Financial Raises More Than $70 Million in Series C Round](https://thecreditunionconnection.com/splash-financial-raises-more-than-70-million-in-series-c-round/): Splash Financial (“Splash”) today announced it has secured more than $70 million in a Series C funding round and launched a new home equity line of credit (HELOC) product. Splash connects consumers with a network of credit unions and banks through automated loan processing technology, helping traditional lenders deliver modern, frictionless borrowing experiences at competitive rates. The round was led by Grand Oaks Capital, with participation from First Tech Federal Credit Union, Curql Collective, The O.H.I.O.  Fund, and existing investors. With this latest funding, Splash has now raised more than $135 million in total equity funding since its founding and processed over $6 billion in loans. The funding […] - [BrightBridge Credit Union Supports Local Students with Back-to-School Drive](https://thecreditunionconnection.com/brightbridge-credit-union-supports-local-students-with-back-to-school-drive/): The credit union collected new school supplies for schools local to their branch locations BrightBridge Credit Union (BrightBridge) is proud to announce the successful completion of its back-to-school drive that ran during the month of August. Credit union staff, members and community supporters generously donated school supplies at each of the credit union’s 19 retail branch locations to benefit local students. In addition to notebooks, pencils, crayons, markers and other classroom essentials, BrightBridge also collected hygiene items such as hand sanitizers and tissues after several schools identified a specific need for products that keep classrooms healthy and students thriving.  “Education […] - [Candescent Unveils New Headquarters in Atlanta, Signaling Bold Vision for the Future of Digital Banking ](https://thecreditunionconnection.com/candescent-unveils-new-headquarters-in-atlanta-signaling-bold-vision-for-the-future-of-digital-banking/): Strategic expansion in Sandy Springs marks a major step in scaling innovation, talent, and customer success  Candescent today announced the opening of its new Sandy Springs, Ga headquarters – a purpose-built hub designed to accelerate growth and innovation, attract top-tier fintech talent, and shape the future of digital banking. This expanded footprint marks a significant milestone in the organization’s evolution as an independent company, signaling its momentum and commitment to delivering innovative solutions that empower banks and financial institutions to deepen customer loyalty and drive revenue. A ribbon cutting ceremony takes place today to celebrate the occasion. Strategically located in […] - [Meritrust Credit Union Announces Partnership with Division I Linebacker Jacob Ellis](https://thecreditunionconnection.com/meritrust-credit-union-announces-partnership-with-division-i-linebacker-jacob-ellis/): Meritrust Credit Union is proud to announce its partnership with Division I linebacker Jacob Ellis. This partnership brings together the shared commitment to empowering individuals and strengthening communities. Together, Meritrust and Ellis will help lead the next generation to be financial fearless, take charge of their futures, and empower others to believe in what’s possible. “Our NIL partnership with Jacob has truly been a great experience. This athlete is all heart, soul and dedication. Pure inspiration. I know people will connect with his story showcased in our commercial and we could not have picked a better person to help us […] - [Southern Chautauqua FCU Enhances Financial Access for ALICE Households with Salus](https://thecreditunionconnection.com/southern-chautauqua-fcu-financial-access-alice-households-salus/): Data-driven approach will help expand lending to underserved communities with sustainable growth Southern Chautauqua Federal Credit Union has quietly served its low-income membership in Western New York. Southern Chautauqua is “Doing Well by Doing Good” in the neighborhood. Salus, a leading fintech creating members for life by powering inclusive solutions, is joining them on their journey to focus on their data to continue serving ALICE (Asset Limited, Income Constrained, Employed) households. Southern Chautauqua, which has grown from 150 members to become the fourth-largest credit union in Western New York by membership (now over 20,000), has built its success on serving […] - [NCUA Releases Q2 2025 State-level Credit Union Data Report](https://thecreditunionconnection.com/ncua-releases-q2-2025-state-level-credit-union-data-report/): The National Credit Union Administration today released the second quarter state-level credit union data report for 2025. Report findings indicate that for federally insured credit unions, assets, and shares and deposits increased at the median over the year ending in the second quarter of 2025. At the same time, loans outstanding declined slightly, according to the latest Quarterly U.S. Map Review.   The median ratio of total loans outstanding to total shares and deposits – the loan-to-share ratio – was 70 percent nationally at the end of the second quarter of 2025.   Credit union membership continued to grow in the […] - [August Bankruptcy Filings Show Slight Decline](https://thecreditunionconnection.com/august-bankruptcy-filings-show-slight-decline/): Filings are down slightly from July 2025, but consumer cases remain elevated year-over-year New monthly bankruptcy data from G2 Risk Solutions (G2RS) shows some divergence between consumer and commercial filings trends in August 2025. Consumer filings edged down slightly by 3.02% from July 2025 but remain 6.24% higher on a YoY basis. Meanwhile, commercial filings decreased by 21.69% from July 2025 and by 2.44% on a YoY basis. G2RS provides bankruptcy management services to US lenders and creditors in the majority of cases filed in July and August. “The consumer bankruptcy data from August suggests that, despite the slight decrease from July, household […] - [SECU Foundation Grants $350,000 to Imprints Cares to Support New Family Resource Center](https://thecreditunionconnection.com/secu-foundation-grants-350000-to-imprints-cares-to-support-new-family-resource-center/): SECU Foundation has announced a $350,000 grant to Imprints Cares (IC) for the renovation of a Forsyth County property that will become the non-profit’s new family resource center. The facility will serve as its central hub for family support services and will double IC’s capacity for onsite learning inclusion programs and provide new community programming and classrooms. IC has been a fixture in the Forsyth County community since 1969, working to address inequities in health and education. The organization provides a holistic, multi-generational model of programming that focuses on enhancing child development, fostering academic readiness, and offering vital support for children and their […] - [The New Money Conversation: What Credit Unions Need to Know About Crypto](https://thecreditunionconnection.com/the-new-money-conversation-what-credit-unions-need-to-know-about-crypto/): Is crypto really money or just a gamble? That’s the kind of question Erikka Arone hears all the time. And in this episode of The Credit Union Connection, she doesn’t sidestep it. She digs in, breaking down the blockchain in plain English and explaining why stablecoins may be less sci-fi and more everyday reality than many leaders realize. Credit unions’ trust, built over decades, is exactly what the crypto world has been missing.” But the bigger twist comes when Sarah Snell Cooke presses on what it all means for credit unions. The answer isn’t about hype. It’s about survival. Members […] - [Arizona Credit Unions Celebrate Third Annual Arizona Credit Union Week](https://thecreditunionconnection.com/arizona-credit-unions-celebrate-third-annual-arizona-credit-union-week/): Get In on the Fun During #AZCUWeek Happening October 13 – 17 Aero Financial Credit Union, Alhambra Credit Union, Arizona Central Credit Union, Arizona Financial Credit Union, Copper State Credit Union, Credit Union West, Desert Financial Credit Union, First American, First Credit Union, Hughes Federal Credit Union, Landings Credit Union, OneAZ Credit Union, Pima Federal Credit Union, Pinal County Federal Credit Union, SunWest Credit Union, TruWest Credit Union,  Tucson Federal Credit Union, and Vantage West Credit Union are thrilled to champion the local credit union movement with the third annual Arizona Credit Union Week (#AZCUWeek). United by a shared commitment to igniting positive change across Arizona, the state’s leading credit unions have organized an action-packed week of […] - [Redwood Credit Union Members Save More than $1.5 Million Through New Financial Tools and Coaching Program](https://thecreditunionconnection.com/redwood-credit-union-members-save-more-than-1-5-million-through-new-financial-tools-and-coaching-program/): Redwood Credit Union (RCU) members have collectively saved more than $1.5 million in just eight months thanks to a suite of new financial tools and services designed to promote financial resilience and long-term stability. Earlier this year, RCU introduced two automated savings tools, Simple Save and Round Up & Save, alongside a new Certified Financial Coaching program, offered at no cost to members. These initiatives aim to make saving more accessible and to provide personalized guidance for financial planning. Having inadequate savings can result in a lack of financial stability, security, and opportunities for long-term growth. The standard budgeting advice of setting aside 3 to […] - [Meritrust Celebrates Grand Opening of New Arvada 52nd Branch](https://thecreditunionconnection.com/meritrust-celebrates-grand-opening-of-new-arvada-52nd-branch/): Meritrust Credit Union (formally Premier Members Credit Union) is excited to announce the official opening of its newest branch located at 7310 West 52nd Avenue, M25, in the heart of Arvada. To celebrate, a ribbon-cutting ceremony was held on September 15 with the Arvada Chamber of Commerce. This new location marks a continued commitment to serving the Arvada community. It’s more than just a place to bank; it’s a space designed to help improve the lives of members and the communities we serve. This branch offers: “We’re excited to welcome members to our new space in Arvada,” said Joley Riley, EVP/Chief […] - [People's Credit Union Hosts 'Essentials Drive'](https://thecreditunionconnection.com/peoples-credit-union-hosts-essentials-drive/): Collecting Cleaning Supplies and Toiletry Items to Support Two Local Nonprofits  Throughout the month of August, People’s Credit Union hosted an Essentials Drive across all its branches, collecting hundreds of donations ranging from cleaning supplies, housewares, and personal toiletry items to benefit two area nonprofits. People’s East Bay branches collected items for the East Bay Community Action Program; donations received at the West Bay branches will support the Welcome House of South County. Imani Walters from the Starfish Housing project provided a list of helpful items to collect.  “On September 18th, we will be holding our second annual Day of […] - [Alloya Hosts Its Eleventh Annual Leadership Symposium in Boston](https://thecreditunionconnection.com/alloya-hosts-its-eleventh-annual-leadership-symposium-in-boston/): Alloya Corporate Federal Credit Union hosted its eleventh annual Credit Union Leadership Symposium from September 3-5 in Boston, Massachusetts, with a record showing of 290 professionals representing 179 credit unions and 25 states. “The tremendous amount of support we have received from our credit union attendees enables us to continue building on the event to make the Leadership Symposium improve every year,” reflected Tim Bruculere, Senior Vice President of Membership at Alloya. “We are grateful to have such supportive members who take the time out of their schedules to join us for our annual event.” This year’s Symposium equipped attendees […] - [Eltropy Announces EMERGE 2026: Four Days of Innovation and Insights for Credit Unions and Community Banks](https://thecreditunionconnection.com/eltropy-announces-emerge-2026-four-days-of-innovation-and-insights-for-credit-unions-and-community-banks/): Annual Eltropy conference in Santa Clara, Calif. will highlight AI innovations and strategic decision-making for credit unions and community banks Eltropy will host its fourth annual user conference – EMERGE 2026 – from April 21-24, 2026, in Santa Clara, California. This must-attend event expects to bring together over 400 financial services leaders, innovators, and experts to explore the latest industry technologies and strategies shaping the future of financial services. Over four days, attendees will also enjoy engaging entertainment, gourmet dining, and the attractions of Santa Clara. “What makes EMERGE special is the conversation that happens between sessions – credit union leaders comparing […] - [SchoolsFirst FCU Named Partner of the Year by California State University, Sacramento](https://thecreditunionconnection.com/schoolsfirst-fcu-named-partner-of-the-year-by-california-state-university-sacramento/): SchoolsFirst Federal Credit Union was named the 2025 Community Partner of the Year by the Sacramento State College of Education. The partnership between the credit union and university has supported educators and students in the greater Sacramento area with programs like: The team was recognized during an awards ceremony held earlier this month. - [City Credit Union Relocates Corporate Headquarters and Flagship Branch to 8344 East R.L. Thornton Freeway on October 14](https://thecreditunionconnection.com/city-credit-union-relocates-corporate-headquarters-and-flagship-branch-to-8344-east-r-l-thornton-freeway-on-october-14/): New location enhances member access, visibility and room to grow City Credit Union (City CU) today announced the relocation of its corporate headquarters and branch to 8344 East R.L. Thornton Freeway, Dallas, TX 75228, effective today. The move centralizes the credit union’s executive offices and flagship retail branch in a highly accessible, modern facility designed to better serve members and support continued growth. “Our new corporate home and co-located East Dallas branch reflect our commitment to deliver a best-in-class experience for our members and employees,” said David Frith, President and CEO of City CU. “The space was purpose-built for convenience, collaboration […] - [FINBOA Recognized for Innovation in Payments Compliance by PayTech USA Awards](https://thecreditunionconnection.com/finboa-recognized-for-innovation-in-payments-compliance-by-paytech-usa-awards/): Dispute automation solution secures back-to-back nomination recognition FINBOA is honored to be named a finalist for the 2025 PayTech USA Awards in the Best Regulations & Compliance in Payments Solution category. The official PayTech USA Awards shortlist was announced in early October. This recognition comes on the heels of FINBOA’s win in 2024, when the company was awarded Tech of the Future at the PayTech USA Awards. The 2025 PayTech USA Awards program recognizes top-tier fintech innovators in payments solutions. FINBOA’s nomination is for its flagship offering FINBOA Payment Disputes with AutoDecision, which automates dispute processing workflows, strengthens audit preparation and reduces compliance risk for financial institutions. “We’re deeply honored […] - [Nacha Members Approve Rules to Enhance International ACH Transactions](https://thecreditunionconnection.com/nacha-members-approve-rules-to-enhance-international-ach-transactions/): Nacha voting members approved five Nacha Operating Rules changes aimed at increasing the awareness and efficiency of International ACH Transactions, or IATs. “The U.S. ACH Network has supported the capability to send and receive cross-border ACH payments for decades,” said Jane Larimer, Nacha President and CEO. “These Rules changes should make IATs easier and more efficient to use.” The existing Nacha Rules for IATs became effective in 2009, replacing previous cross-border ACH payments with a new transaction rule set and format that enabled compliance with the Travel Rule and Office of Foreign Assets Control (OFAC) sanction programs. Approximately 121 million […] - [Algebrik AI Partners with Scienaptic AI to Power Inclusive Decisioning in Loan Origination](https://thecreditunionconnection.com/algebrik-ai-partners-with-scienaptic-ai-to-power-inclusive-decisioning-in-loan-origination/): Algebrik AI Inc. today announced a strategic partnership with Scienaptic AI, a leading AI-powered lending platform. Through this integration, Algebrik users can seamlessly access Scienaptic AI signals for credit underwriting, fraud prevention, pre-qualification, onboarding, perpetual offers and early warning—directly within Algebrik’s LOS experience. The result is a streamlined lending workflow that brings intelligent, AI-led decisions to every member touchpoint, without heavy IT lift or additional vendor management. Built for how credit unions actually work today The strategic partnership is designed around real lending operations rather than stand-alone tools. From pre-qualification to funding- and into account servicing- Scienaptic AI decisions can be invoked at the right […] - [Reseda Group Invests, Partners with Keyno to Expand CVVkey™ Fraud Prevention Solution for Credit Unions](https://thecreditunionconnection.com/reseda-group-invests-partners-with-keyno-to-expand-cvvkey-fraud-prevention-solution-for-credit-unions/): Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), today announced it is partnering with Keyno to help credit unions combat digital payment fraud and drive member confidence. Through the collaboration, Reseda Group is investing $500,000 in Keyno to expand access to its dynamic CVV2 solution, CVVkey™, making it easier for credit unions to adopt the cutting-edge fraud protection tool for their members. “At Reseda Group, we believe innovation and collaboration is the foundation for a thriving credit union industry, and supporting innovators like Keyno provides credit unions with an essential tool to enhance transaction safety and the member experience,” […] - [A Win for Credit Union Members: New TIN Rules Remove Friction](https://thecreditunionconnection.com/a-win-for-credit-union-members-new-tin-rules-remove-friction/): By Stephanie Lyon, SVP of Compliance, Ncontracts  For too long, credit unions have been constrained by Customer Identification Program (CIP) requirements that made perfect sense in 2003 but have become barriers to effective member service in the digital banking world. Now NCUA, along with other federal regulators, has introduced a targeted exemption that modernizes CIP rules by allowing credit unions to use trusted third parties to verify taxpayer identification numbers (TINs). For credit unions, this means greater flexibility to meet members where they are, especially in digital channels, without compromising compliance or security. Under the new rules, credit unions can obtain […] - [DCUC Writes to Treasury Urging the Reinstatement of the CDFI Fund](https://thecreditunionconnection.com/dcuc-writes-to-treasury-urging-the-reinstatement-of-the-cdfi-fund/): On Monday, October 13, the Defense Credit Union Council (DCUC) sent a letter to U.S. Treasury Secretary Scott Bessent expressing concern over reports that the Department’s recent reduction-in-force eliminated the entire staff of the Community Development Financial Institutions (CDFI) Fund.  “For more than 30 years, the CDFI Fund has helped mission-driven lenders expand access to affordable financial services in low-income, rural, and military communities,” DCUC President/CEO Anthony Hernandez wrote. “Eliminating this program would directly harm working families, servicemembers, and veterans who rely on CDFI credit unions for their financial well-being.”  DCUC highlighted the Fund’s proven impact, noting that in FY2024 […] - [WOCCU Releases Most Comprehensive Statistical Report to Date](https://thecreditunionconnection.com/woccu-releases-most-comprehensive-statistical-report-to-date/): 2024 Statistical Report shows modest growth for global credit union network World Council of Credit Unions (WOCCU) on Tuesday released its 2024 Statistical Report, which shows modest gains in both credit union membership and assets, and features the most comprehensive data set in the history of the annual publication—with statistics on everything from demographics to regulatory supervision. As of December 31, 2024, there were 412,681,905 members of 67,137 credit unions that held more than $3.8 trillion in total assets across 101 countries. The totals represent increases of just 0.4% in membership and 2% in assets from a year earlier, with a […] - [More than 600 Everwise Employees Volunteer to Celebrate 2025 Day of Giving](https://thecreditunionconnection.com/more-than-600-everwise-employees-volunteer-to-celebrate-2025-day-of-giving/): On Monday, October 13, more than 600 Everwise Credit Union employees rolled up their sleeves to volunteer in communities across the state of Indiana and southwest Michigan during the annual Everwise Day of Giving. Employees participated in hands-on service projects at over 45 nonprofit organizations, engaging in activities such as painting, landscaping, sorting donations, and connecting directly with community members. This marked the sixth corporate-wide day of service for Everwise since 2018. In support of this important day, the credit union’s 50 banking branches, corporate, and auxiliary offices were closed, allowing employees to dedicate a full day to serving others. […] - [First Alliance Credit Union Unites 70 Employees To Support Women’s Shelter Move And Community Causes Across SE Minnesota](https://thecreditunionconnection.com/first-alliance-credit-union-unites-70-employees-to-support-womens-shelter-move-and-community-causes-across-se-minnesota/): On Monday, October 13, First Alliance Credit Union closed all branch locations to participate in its annual community volunteer event, All for One Day. This day of service brings every team member together to show up where members live, give back, and make a meaningful difference across southeastern Minnesota.  This year, every First Alliance Credit Union employee spent the morning volunteering with the Women’s Shelter & Support Center (WSSC), helping move WSSC staff and operations from their current administrative building into their new administrative facility, which the credit union helped support through earlier grant funding in June of this year. […] - [Carrying the Mission Forward: How Credit Union Leaders Are Shaping the Future of Credit Unions for Kids](https://thecreditunionconnection.com/carrying-the-mission-forward-how-credit-union-leaders-are-shaping-the-future-of-credit-unions-for-kids/): “Recovering banker.” That’s how Caroline Willard, CEO of Cornerstone League, describes herself. Before discovering the cooperative difference, she worked at a thrift where, as she recalls, the chief lending officer drove a Lamborghini. Fast forward to her time at CO-OP (now Velera), and now the Cornerstone League, she has been passionately involved in the Credit Unions for Kids program, and has helped to raise millions for Children’s Miracle Network Hospitals. Now she’s taking the next step in these efforts – Caroline is the new chairman of the CU4Kids program, as John Bratsakis, CEO at the Maryland and DC Credit Union […] - [GoWest Solutions Partners with Mastercard® to Empower Credit Unions Through Innovation, Security, and Strategic Engagement](https://thecreditunionconnection.com/gowest-solutions-partners-with-mastercard-to-empower-credit-unions-through-innovation-security-and-strategic-engagement/): GoWest Solutions has announced a strategic partnership with Mastercard® to deliver next-generation payment solutions, cybersecurity tools, and real-time data capabilities to credit unions across the GoWest region.  “Credit Unions are focused on their members and communities. Addressing fraud, supporting members, offering great products and opportunities to start a business, buy a house or save up an emergency fund are foundational work they do every day. Mastercard is a strategic partner and innovative thinker, offering more than just great service, and we’re proud to have their suite of resources for member credit unions,” said Cameron Smith, Chief Growth Officer at GoWest […] - [Governor Kim Reynolds Proclaims October as “Co-op Month in Iowa”](https://thecreditunionconnection.com/governor-kim-reynolds-proclaims-october-as-co-op-month-in-iowa/): Governor Kim Reynolds has proclaimed October as “Co-op Month in Iowa” to help celebrate the positive impact Iowa’s cooperative organizations have in the state.  Almost one in two Iowans belongs to a cooperative, whether in agriculture, energy, credit unions, telecommunications, farm credit, petroleum, or retail. Cooperatives are member-owned and member-governed, with boards of directors elected from within their membership. Unlike traditional businesses driven by outside investors, co-ops prioritize service to their members over profits. The proclamation highlights several key points:  Murray Williams, President and CEO of the Iowa Credit Union League, reflected on the strength of the cooperative movement: “Iowa […] - [Kitsap Credit Union First in Washington State to Invest in Fintech Under New Law](https://thecreditunionconnection.com/kitsap-credit-union-first-in-washington-state-to-invest-in-fintech-under-new-law/): Kitsap Credit Union is proud to announce that it is the first credit union in Washington State to receive approval from the Department of Financial Institutions (DFI) to make an equity investment under the newly expanded authority granted by Washington State law RCW 31.12.436, which provides state-chartered credit unions with broader investment powers. This groundbreaking move marks a new era in credit union innovation and engagement with emerging technologies. The investment provides a design partnership with D8TAOPS, Inc., an enterprise-ready AI and data orchestration company based in Beaverton, Oregon. The investment will directly support Kitsap Credit Union’s mission to modernize operations, […] - [Prior to the NDAA’s passage in the Senate, credit unions upped their game to serve](https://thecreditunionconnection.com/prior-to-the-ndaas-passage-in-the-senate-credit-unions-upped-their-game-to-serve/): Sarah Snell Cooke, Founder/CEO, The Credit Union Connection If you thought credit unions were just sitting on the sidelines while chaos unfolded in Washington, think again. Senate passes FY2026 NDAA with critical CLF language In a rare display of bipartisan cooperation (remember that?), the U.S. Senate passed the Fiscal Year 2026 National Defense Authorization Act on Oct. 9, with a solid 77-20 vote. But here’s the real tea: tucked inside this legislative package is the Central Liquidity Facility (CLF) Enhancement Act and essential provisions supporting Community Development Financial Institutions (CDFIs); the number of CDFI-certified credit unions has doubled in the last decade, […] - [FORUM Wins First Place for Youth Financial Literacy Award](https://thecreditunionconnection.com/forum-wins-first-place-for-youth-financial-literacy-award/): FORUM Credit Union is proud to announce earning first place for the Alphonse Desjardins Award for youth financial literacy in the $1 Billion+ asset size category in the Indiana statewide competition. Created by CUNA (Credit Union National Association), the award is named after Alphonse Desjardins. Besides founding the first credit unions in Canada and the U.S., Desjardins pioneered youth savings clubs and in-school “banks,” known as caisses scolaires. The award emphasizes the movement’s long-time commitment to youth. Plaques were presented to statewide winners at the ICUL (Indiana Credit Union League) Chairman’s Awards Banquet on Friday, October 3, as part of […] - [Agencies Issue Frequently Asked Questions on Suspicious Activity Reporting Requirements](https://thecreditunionconnection.com/agencies-issue-frequently-asked-questions-on-suspicious-activity-reporting-requirements/): The National Credit Union Administration, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency, joined the Financial Crimes Enforcement Network today in issuing answers to frequently asked questions about Suspicious Activity Reports (SARs) and other anti-money laundering/countering the financing of terrorism (AML/CFT) considerations. These answers intend to clarify commonly asked questions by financial institutions about SAR rules to assist with AML/CFT compliance obligations and enable institutions to focus resources on activities that produce the greatest value to law enforcement agencies and other authorized government users of […] - [TDECU Launches Loan Program for Furloughed Federal Employees](https://thecreditunionconnection.com/tdecu-launches-loan-program-for-furloughed-federal-employees/): TDECU has launched a Furlough Relief Loan program to support  Members who have been furloughed due to the current government shutdown. “TDECU was founded on the idea of people helping people and, during times of uncertainty, it is our mission to stand by our Members and provide the support they need,” said TDECU Chief Growth Officer Josh Brian. “The Furlough Relief Loan is one way that we are living out that commitment.” The Furlough Relief Loan offers loans up to $5,000 for 12- or 24-month terms, and Members have 90 days to make their first payment. Additional details can be found at TDECU.org/government-shutdown. […] - [Verity Credit Union Unveils Grants for Growth to Empower Community Changemakers](https://thecreditunionconnection.com/verity-credit-union-unveils-grants-for-growth-to-empower-community-changemakers/): Reinventing its previously known Microgrant Program to include both microbusinesses and nonprofits, Verity deepens its commitment to support historically excluded entrepreneurs and organizations. Verity Credit Union announced today its new Grants for Growth campaign, offering flexible funding and values-aligned relationship support to small businesses and nonprofits that serve and uplift their communities.  Verity’s Grants for Growth initiative expands its well-known Microgrant Program, now called its Nonprofit Microgrant, to include Microbusiness Grants, further leveraging the credit union’s Community Development Financial Institution (CDFI)-aligned status to strengthen community wealth and expand opportunities for historically excluded entrepreneurs and grassroots organizations in Washington. “Grants for Growth is […] - [Lumin Digital Selected by Ent Credit Union to Elevate Digital Experience for Members](https://thecreditunionconnection.com/lumin-digital-selected-by-ent-credit-union-to-elevate-digital-experience-for-members/): Lumin Digital has been selected by Ent Credit Union as its digital banking partner. This partnership will support Ent’s commitment to delivering a seamless, future-ready digital experience across both its retail and business banking platforms. Lumin Digital’s platform will help Ent continue evolving its digital services in step with its member needs and strategic progress. As Ent prepares for its upcoming merger with Wings Credit Union, a Lumin Digital customer based in Minnesota, it has selected a digital banking partner that could enhance its member experience with greater agility and reliability. Lumin Digital’s cloud-native platform was chosen for its ability to […] - [Coconut Software Launches 'Meet on Demand' to Cut Client Wait Times and Drive Advisor Growth](https://thecreditunionconnection.com/coconut-software-launches-meet-on-demand-to-cut-client-wait-times-and-drive-advisor-growth/): The new solution enables financial institutions to serve more clients and reduce wait times without the added overhead of increasing staff. Coconut Software today announced the launch of Meet on Demand. The new solution enables banks and credit unions to pool staff virtually across branches, and quickly connect clients with the right advisor through secure video. With Meet on Demand, financial institutions can eliminate common barriers such as long wait times, limited staffing, and branch service hours. Instead of having customers walk out unserved, advisors can now be routed on demand to serve walk-ins from any location. This results in fuller advisor […] - [Happy Money Expands Capabilities of Hive, Its Proprietary Lending Platform Powering Faster Credit Decisions and Partner Growth](https://thecreditunionconnection.com/happy-money-expands-capabilities-of-hive-its-proprietary-lending-platform-powering-faster-credit-decisions-and-partner-growth/): Automation and intelligent routing reduce borrower friction while giving partners flexible, efficient capital deployment opportunities Happy Money today unveiled upgraded capabilities to its proprietary lending platform, Hive, which powers its borrower and funding partner ecosystem. Since enhancing the platform, Happy Money has driven faster credit decisions, reduced borrower friction and increased monthly loan originations more than 400% year to date. Hive is the technology backbone of Happy Money’s lending operations, enabling a seamless borrowing experience for the company’s flagship credit card debt consolidation product, The Payoff LoanTM. Built to scale and support expansion into additional lending products and partner experiences, […] - [Alkami Honors Hackathon Winners Driving Digital Banking’s Future, Featuring TTCU Federal Credit Union](https://thecreditunionconnection.com/alkami-honors-hackathon-winners-driving-digital-bankings-future-featuring-ttcu-federal-credit-union/): Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced the winners of its annual Hackathon, where Alkamists, customers, and partners team up to push the boundaries of digital banking innovation. The Hackathon is an intensive competition where teams rapidly develop innovative solutions to a challenge, improve existing processes, or align with a set theme. Typically lasting around 24 hours, the event culminates in a presentation showcasing the team’s final project. This year’s winners embody the collaborative spirit Alkami is known for, bringing forward-thinking ideas and creative solutions to life. Notable awards included: Fusion Award: Honors the team that has the most diverse collaboration […] - [Lake Trust Business Members Awarded $20K in Small Business Grants from FHLBank Indianapolis](https://thecreditunionconnection.com/lake-trust-business-members-awarded-20k-in-small-business-grants-from-fhlbank-indianapolis/): Locally-owned Bleu Bowtique and Craig’s Coffee, both based in Detroit, were named recipients of the 2025 Elevate program and will receive $10,000 each Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, announced today that two of its small business members have been selected as recipients of the Federal Home Loan Bank of Indianapolis’(FHLBank) Elevate Small Business Grant Program. Detroit-based and locally-owned, Bleu Bowtique and Craig’s Coffee were each awarded $10,000 in small business grants to help take their business to the next level. “At Lake Trust, we believe in the power of small businesses […] - [DCUC Urges Congress to Protect Servicemember Pay as Shutdown Impacts Grow ](https://thecreditunionconnection.com/dcuc-urges-congress-to-protect-servicemember-pay-as-shutdown-impacts-grow/): Credit Unions Step Up to Support Members Nationwide As the federal government shutdown continues, the Defense Credit Union Council (DCUC) has issued a renewed call to Congress for swift action to protect the financial stability of U.S. servicemembers and their families.  In a letter sent today to House and Senate Armed Services Committee leaders, Jason Stverak, DCUC Chief Advocacy Officer, urged lawmakers to include the Pay Our Troops Act of 2026 and the Pay Our Coast Guard Parity Act of 2025 in the final Fiscal Year 2026 National Defense Authorization Act (NDAA).  “Those who defend our nation deserve financial certainty […] - [Credit Unions Offer Assistance During Government Shutdown](https://thecreditunionconnection.com/credit-unions-offer-assistance-during-government-shutdown/): Unique offerings like skip payments, no- or low-interest loans and other immediate assistance available As the federal government shutdown continues, credit unions are stepping up to help members during the financial strain. With many families facing delayed paychecks and increased uncertainty, credit unions are deploying unique programs that underscore their mission of “people helping people.” From no- and low-interest loans, skip payments and flexible options, credit unions are providing immediate relief to those affected and encouraging them to avoid payday loans and buy now pay later schemes. “Credit unions were built to serve their members in moments just like this,” said […] - [Black Dragon Capital℠ in Partnership with Leading Credit Unions, acquires 100% of GenAspire, a Teen Banking Solution Formerly Known as "Copper Banking"](https://thecreditunionconnection.com/black-dragon-capital%e2%84%a0-in-partnership-with-leading-credit-unions-acquires-100-of-genaspire-a-teen-banking-solution-formerly-known-as-copper-banking/): Global multi-phased investment firm Black Dragon Capital℠ has acquired the entirety of GenAspire, the teen banking solution formerly known as Copper Banking. Black Dragon Capital℠ (“Black Dragon”) has acquired the entirety of GenAspire, the teen banking solution formerly known as Copper Banking. Originally founded as Copper Banking and recently renamed after being acquired by Black Dragon Capital℠, in partnership with leading credit unions, GenAspire leverages a track record of success in the fintech space with a new-found vision for pioneering effective financial education in the next generation. The GenAspire team partners with Credit Unions to provide schools around the country access to […] - [SchoolsFirst Federal Credit Union Partners with the California County Superintendents to Recognize Education Leaders Throughout the State](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-partners-with-the-california-county-superintendents-to-recognize-education-leaders-throughout-the-state/): Education leaders and county offices of education throughout California were recognized for their outstanding contributions to public education at the 2025 County Superintendents Awards Reception, held Sept. 30, 2025, in San Diego. The annual event, hosted by the California County Superintendents in partnership with SchoolsFirst Federal Credit Union, celebrated individuals and agencies whose leadership and innovation in education make a lasting impact on students and schools statewide. “SchoolsFirst Federal Credit Union supports and recognizes the leaders who go above and beyond for the educators and students in their communities,” said Josh Smith, vice president of school and community relations at SchoolsFirst Federal Credit […] - [DFI Secretary-designee Wendy K. Baumann Visits Royal Credit Union to Highlight Youth Financial Education and Credit Union Innovation ](https://thecreditunionconnection.com/dfi-secretary-designee-wendy-k-baumann-visits-royal-credit-union-to-highlight-youth-financial-education-and-credit-union-innovation/): The Wisconsin Department of Financial Institutions (DFI) Secretary-designee Wendy K. Baumann and DFI Assistant Deputy Secretary Catherine Haberland visited Royal Credit Union (Royal) on Wednesday, October 1, to engage with students participating in Royal’s School $ense program, a financial education initiative that operates 30 student-run credit union branches in elementary, middle, and high schools across the state.  The visit began at Royal’s corporate headquarters in Eau Claire, where Baumann addressed 31 fourth and fifth grade students from Robbins Elementary and Meadowview Elementary. The students were onsite to receive hands-on training to gain the skills to process transactions at their schools […] - [UMassFive Hosting Winter Coat and Cold-Weather Clothing Drive](https://thecreditunionconnection.com/umassfive-hosting-winter-coat-and-cold-weather-clothing-drive-2/): UMassFive College Federal Credit Union (UMassFive) is running a winter coat and cold-weather clothing drive in its Hadley, Northampton, and Springfield branches throughout October. Donations from this annual drive will be distributed in partnership with the Amherst Survival Center and Gray House in Springfield. “This winter, many of our neighbors are worried about keeping up with the rising costs of groceries, heating bills, and rent, all while trying to make the holidays special for their families,” said Miranda Groux, Resource Coordinator at Amherst Survival Center. “The Winter Coat Drive makes sure that having a reliable winter coat is one less worry. Times are especially […] - [TopLine Credit Union Foundation Awards $41,500 in Scholarships](https://thecreditunionconnection.com/topline-credit-union-foundation-awards-41500-in-scholarships/): In its 11th year, TopLine Credit Union Foundation has awarded a total of $41,500 in scholarship money to 40 TopLine members who are continuing their education, and $1,500 in scholarship funds to support post-secondary educational needs and goals of students in Nigeria through partnership with African Education and Health Initiative (AFEDHI), a local non-profit organization with a vision to assist African students with access to education, books and school supplies. TopLine Credit Union Foundation received 171 applications. Any TopLine member pursuing post-secondary education by attending a college or university, graduate school, or a 2-to-4-year community, vocational or technical college in the fall of […] - [CD Valet Expands Marketplace and Enhances Intelligence Tool, Offering Most Comprehensive View of Today’s CD Market](https://thecreditunionconnection.com/cd-valet-expands-marketplace-and-enhances-intelligence-tool-offering-most-comprehensive-view-of-todays-cd-market/): Marketplace updates empower financial institutions to make better, more informed decisions around deposit strategy CD Valet today announced a milestone expansion of its digital marketplace, adding CDs from all of the nation’s financial institutions that publish rates on their websites. The company also unveiled new functionality to its market-leading intelligence tool. These updates solidify CD Valet as the most comprehensive source of real-time CD market data available today. CD Valet’s digital marketplace now includes over 38,000 CDs from more than 5,000 banks and credit unions, providing savers access to a wider, more diverse range of deposit offerings. Previously, CD Valet […] - [How Credit Unions Can Modernize Mortgages Without Losing the Human Touch](https://thecreditunionconnection.com/how-credit-unions-can-modernize-mortgages-without-losing-the-human-touch/): “Members want to know there’s a human being behind that application.” That’s how Mary Kay Theriault, Director of Product Management for Mortgage at Finastra, describes the challenge facing credit unions today. It’s a simple statement that captures a major industry tension: finding balance between digital-first convenience and the personal connection that defines the credit union difference. In her conversation with Sarah Snell Cooke on The Credit Union Connection, Mary Kay explores what it takes to deliver both speed and sincerity in the mortgage experience. As she explains, the key isn’t choosing between technology and people but creating a partnership where […] - [Garden Savings Federal Credit Union Celebrates Successful Grand Opening Of Brick Branch](https://thecreditunionconnection.com/garden-savings-federal-credit-union-celebrates-successful-grand-opening-of-brick-branch/): Garden Savings Federal Credit Union is thrilled to announce the successful grand opening of its new branch in Brick, New Jersey, held this past Saturday. The celebration brought together community leaders, credit union staff, and members, marking a significant milestone for the organization as it continues to expand its services. The event was honored by the presence of Brick Township Councilwoman Heather deJong, who also serves as chair of the Business and Finance Committee. Joining her were representatives from the Brick Chamber of Commerce, including Brick Chamber of Commerce President Jacki Frank and Treasurer Dawn Ferrinto. Their support underscores the […] - [Global Credit Union Foundation Golf Tournament Raises $100,000 for Local Nonprofits](https://thecreditunionconnection.com/global-credit-union-foundation-golf-tournament-raises-100000-for-local-nonprofits/): The picturesque Golf Club at Newcastle in Washington hosted more than 100 players on August 28 for the Global Credit Union Foundation Fairway Friends Golf Tournament. The day, filled with spirited competition and camaraderie, concluded with an impressive $100,000 raised for Washington nonprofits. The Global Credit Union Foundation hosts the tournament annually to bring together business partners, credit union leaders and volunteers, and the community to support Foundation nonprofit partners. “The generosity of the people and businesses in our communities really shines through at events like this,” said Geoff Lundfelt, President of the Global Credit Union Foundation. “The impact of […] - [Over 400 WESTconsin Credit Union Employees to Volunteer on Community CARE Day](https://thecreditunionconnection.com/over-400-westconsin-credit-union-employees-to-volunteer-on-community-care-day/): On Monday, October 13, WESTconsin Credit Union employees will be volunteering with 34 different organizations throughout Western Wisconsin. As part of WESTconsin’s first Community CARE Day and in conjunction with The Wisconsin Credit Union League’s CU Community Days, team members will be assisting with a variety of opportunities. These range from coordinating activities in senior living facilities, cleaning and organizing at emergency shelters and cancer treatment centers, and readying outdoor spaces for winter. Some of the largest volunteer groups include:  · 41 employees volunteering at Irvine Park in Chippewa Falls to assist with the holiday light set up  · 49 […] - [The Family Credit Union Announces Tracey Koenig as New COO](https://thecreditunionconnection.com/the-family-credit-union-announces-tracey-koenig-as-new-coo/): The Family Credit Union, a not-for-profit financial cooperative headquartered in Davenport, is pleased to announce Tracey Koenig as its new Chief Operating Officer.  “It’s a privilege to join The Family Credit Union in this important role,” said Koenig. “I look forward to supporting our team, serving our members, and becoming part of the community.”  Koenig brings a broad range of financial service expertise to the position. She began her career as bank examiner before advancing into leadership roles including a compliance officer, auditor, and operations officer. This experience has equipped her with a deep understanding of operational excellence and a […] - [Community Bank Survey Results Disprove Banker Claims](https://thecreditunionconnection.com/community-bank-survey-results-disprove-banker-claims/): According to the Conference of State Bank Supervisors (CSBS) Annual Survey of Community Banks, community banks overwhelmingly identify large banks and other community banks as their primary competitors, not credit unions.  Yet, community bank trade groups continue to push a false narrative that credit unions are “creeping into their space.” The data tells a different story.  “It’s the height of hypocrisy,” said Jim Nussle, President and CEO of America’s Credit Unions.“Community banks tell Congress that credit unions are a threat, while telling regulators that they’re not even on their radar.  Credit unions don’t compete for profits, they compete for people. They serve Main Street families, small businesses, and rural communities that Wall Street ignores and community […] - [Tucson Federal Credit Union Plans Week-long Activities for Arizona Credit Unions Week,  October 13–17, 2025](https://thecreditunionconnection.com/tucson-federal-credit-union-plans-week-long-activities-for-arizona-credit-unions-week-october-13-17-2025/): TFCU to spotlight community service, financial education, and the cooperative spirit Tucson Federal Credit Union (TFCU) will join credit unions across the state to celebrate the third annual Arizona Credit Union Week (AZCUWEEK), a statewide recognition of the positive impact credit unions make in their communities. From October 13–17, TFCU team members will host and participate in activities that highlight community service, financial education, and the people-first values that set credit unions apart. “Arizona Credit Union Week is about more than celebration—it’s a chance to show how cooperation delivers real benefits for Southern Arizona families,” said Matthew Gaspari, TFCU CEO. […] - [Honor Credit Union Announces Final Numbers from 2025 Free Community Shred Days ](https://thecreditunionconnection.com/honor-credit-union-announces-final-numbers-from-2025-free-community-shred-days/): Honor Credit Union is proud to announce the success of its 2025 Free Community Shred Days, making a meaningful impact across Michigan. In partnership with NAID Certified Data Guardian and Country Mile Document Destruction, Honor hosted 10 statewide shred events this year. Together, these events securely disposed of 66,960 pounds of paper, helping communities protect personal information while supporting environmental sustainability.  Honor’s Free Community Shred Days are open to everyone and are designed to promote identity theft prevention by securely destroying confidential documents. All shredded paper was recycled, reinforcing Honor’s commitment to sustainability. Beyond shred events, Honor also offers digital solutions like online […] - [EDGE Reaches $1 Billion Milestone in Credit Union Assets with Addition of LincOne](https://thecreditunionconnection.com/edge-reaches-1-billion-milestone-in-credit-union-assets-with-addition-of-lincone/): EDGE today announced that it now serves credit unions with more than $1 billion in assets. This milestone was reached with the addition to the EDGE network of Lincoln, Nebraska based LincOne Federal Credit Union. LincOne operates on the CU*BASE® core system with which EDGE recently completed initial integration work in order to deliver zero-friction cashflow insights from credit unions’ own data. The partnership with CU*BASE adds hundreds of credit unions that can leverage EDGE’s unique ability to combine open banking data from external financial institutions with the rich member data already held by credit unions for a holistic, unified […] - [Genisys Credit Union Receives Community Hero Award](https://thecreditunionconnection.com/genisys-credit-union-receives-community-hero-award/): With a mission to serve their members and the communities they call home, Genisys Credit Union received the Community Hero Sunrise Pinnacle Award presented by the Rochester Regional Chamber of Commerce and Oakland University.  “We share in this award with our members, our employees, and our community partners,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “We are inspired to continue our ‘Community Hero’ work to help build a better tomorrow for the greater Rochester community.” The Community Hero Award, sponsored by Oakland University, is presented to an individual or business that has positively impacted the community or […] - [Velera Launches Next-Generation Risk Mitigation Ecosystem to Combat Evolving Financial Crimes](https://thecreditunionconnection.com/velera-launches-next-generation-risk-mitigation-ecosystem-to-combat-evolving-financial-crimes/): Velera today announced its new Risk Mitigation Ecosystem, a cloud-based, multi-layered approach to fraud prevention and detection. Representing the next evolution of Velera’s industry-leading risk platfrom hub, Velera’s Risk Mitigation Ecosystem is designed to protect credit unions and their members from an increasingly complex landscape of fraud, including new and emerging threats like consumer-engaged fraud and scams. In 2024, criminals stole an unprecedented $1.03 trillion globally – the largest wealth transfer to fraud in history. Today, fraudsters are exploring strategies ranging from card not present (CNP) scams to synthetic ID fraud and account takeover, among others. Industry experts expect that […] - [Mid-Atlantic Federal Credit Union Welcomes New Chief Financial Officer](https://thecreditunionconnection.com/mid-atlantic-federal-credit-union-welcomes-new-chief-financial-officer/): Mid-Atlantic Federal Credit Union is pleased to announce that Edward Connelly has been hired as its Chief Financial Officer. With more than two decades of experience in banking and credit unions, he brings a proven track record of financial leadership, operational excellence, and a deep commitment to service.  “We are excited to welcome Ed to our leadership team,” said Tami Schiavone, President and CEO of Mid-Atlantic FCU. “His financial expertise and commitment to service will help strengthen our credit union as we grow and innovate to help members move their financial lives forward.”  Beyond his professional achievements, Connelly has a […] - [myCUmortgage Continues to Grow with Eight New Partner Credit Unions](https://thecreditunionconnection.com/mycumortgage-continues-to-grow-with-eight-new-partner-credit-unions/): Spanning the U.S., these new Q3 partners represent 199,000 members with assets of more than $3.88 billion Taking significant strides toward its goal of helping more credit union members with homeownership, myCUmortgage announced new partnerships with eight credit unions in the third quarter of this year. myCUmortgage is a Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. myCUmortgage will provide these new credit union partners with a comprehensive suite of mortgage solutions while delivering five-star service to the credit unions and their members. Representing nearly 199,000 members and $3.88 billion in assets, the eight new partners include: […] - [The MCU Foundation Partners with Children's Aid to Advance Financial Education for Bronx Youth](https://thecreditunionconnection.com/the-mcu-foundation-partners-with-childrens-aid-to-advance-financial-education-for-bronx-youth/): The Foundation’s $50,000 grant will support personal finance and life skills training at the Children’s Aid Next Generation Center, helping young people map a route to success in adulthood. The MCU Foundation, the charitable arm of the Municipal Credit Union (MCU), today announced a $50,000 grant to Children’s Aid to launch a new financial education initiative at its Bronx-based Next Generation Center. The program will equip local youth, particularly those transitioning from foster care or involved in the juvenile justice system, with essential life and personal finance skills. The new curriculum, delivered in partnership with BALANCE Financial Fitness, will focus […] - [RBFCU’s ‘Go Beyond: Member Giveback’ Boosts Cash-Back Rewards](https://thecreditunionconnection.com/rbfcus-go-beyond-member-giveback-boosts-cash-back-rewards/): Randolph-Brooks Federal Credit Union (RBFCU) is rewarding members with extra cash back through the end of the year during the “Go Beyond: Member Giveback” campaign as the credit union celebrates its 73rd birthday. The campaign will run from Oct. 1, 2025, through Dec. 31, 2025, and include two exclusive cash-back promotions – 10¢ Cash Back “Dime after Dime” and 3% Cash-Back Rewards “Thrice is Nice”– that will put even more money back into members’ pockets during the holiday season: • 10¢ Cash Back (Dime after Dime): RBFCU members will earn 10¢ cash back with every purchase they make with their Freedom […] - [First Commerce Credit Union Celebrates Grand Opening of Panama City Location](https://thecreditunionconnection.com/first-commerce-credit-union-celebrates-grand-opening-of-panama-city-location/): Local Business Community, Healthcare Leaders Help Commemorate Opening of FCCU’s Full-Service Financial Center and Expansion into Bay County Leaders from First Commerce Credit Union recently celebrated the exciting grand opening of the credit union’s new Panama City financial center alongside members of the Bay County business community and local chambers of commerce. The Bay County Chamber of Commerce and Panama City Beach Chamber of Commerce energized the event at the financial center located in the Stanford Centre building on 23rd Street, helping mark a major milestone in First Commerce’s 85-year history. First Commerce CEO Cecilia Homison emphasized that the credit […] - [Hawaii State FCU Launches Assistance Program For Members Affected By Federal Government Shutdown](https://thecreditunionconnection.com/hawaii-state-fcu-launches-assistance-program-for-members-affected-by-federal-government-shutdown/): In response to the federal government shutdown, Hawaii State Federal Credit Union (Hawaii State FCU) is now offering an Emergency Financial Assistance Program to support members directly impacted by the disruption in federal operations.  “At Hawaii State FCU, we are committed to doing what’s right for our members, especially during times of uncertainty,” Andrew Rosen, president and CEO of Hawaii State FCU. “In a state where the cost of living is already among the nation’s highest, a government shutdown can have a devastating impact on Hawaii families. We are prepared to respond with practical solutions that help safeguard our members’ financial stability.” The Hawaii State FCU Emergency Financial Assistance Program includes a […] - [Mahalo Banking CEO Jim Stickley Celebrates Fourth Anniversary, Marking Period of Record Growth and Continued Innovation](https://thecreditunionconnection.com/mahalo-banking-ceo-jim-stickley-celebrates-fourth-anniversary-marking-period-of-record-growth-and-continued-innovation/): Mahalo Banking today announced the milestone of Jim Stickley’s fourth anniversary as Chief Executive Officer, marking a period of significant growth and innovation for the credit union digital banking provider. Since assuming the role, Stickley has guided Mahalo through significant expansion while strengthening its position as a trusted technology partner to credit unions nationwide. Under Stickley’s leadership, Mahalo’s contract value has increased sixfold, while both client count and staff have quadrupled. In addition, Mahalo launched a fully reengineered version of its digital banking platform that unified iOS, Android, and web into a cohesive feature-paired development environment. This new environment allows Mahalo […] - [Indiana Members Foundation Raises Over $90,000 To Support Local Nonprofits And Schools](https://thecreditunionconnection.com/indiana-members-foundation-raises-over-90000-to-support-local-nonprofits-and-schools/): Indiana Members Foundation, the charitable arm of Indiana Members Credit Union (IMCU), raised more than $90,000 through three charity golf outings to support local nonprofits and schools in the communities it serves. Benefiting organizations include the Evansville Vanderburgh School Corporation Foundation, Greater Clark Education Foundation, and Indiana Members Foundation. These funds will help advance educational initiatives and community programs that make a lasting impact.  Indiana Members Foundation extends its sincere gratitude to the presenting sponsors of each outing, Depreciation Protection, J. Lake Architecture & Design, The Cox Group, and SLADE, as well as all of this year’s generous sponsors.  John […] - [Eglin Federal Credit Union Donates Over $50,000 to Support Suicide Prevention by Sponsoring Bring Hope Now’s Dragon Boat Race and Festival for the Third Consecutive Year](https://thecreditunionconnection.com/eglin-federal-credit-union-donates-over-50000-to-support-suicide-prevention-by-sponsoring-bring-hope-nows-dragon-boat-race-and-festival-for-the-third-consecutive-year/): Eglin Federal Credit Union is proud to be a presenting sponsor for Bring Hope Now’s Dragon Boat Race and Festival for the third consecutive year. In September 2025, Eglin FCU teams — Ready Oar Knot, Rowing Stones and Team Rocket — competed in the event to support suicide prevention. Through sponsorships and employee-led fundraising efforts, Eglin FCU has donated a total of $50,865 to the cause over the past three years. More than $20,000 of that total was raised by employees through annual initiatives such as dessert auctions and luncheons. This year alone, Eglin FCU employees raised $9,465 — nearly […] - [CPR... A Clear and Compassionate Framework for Tough Conversations](https://thecreditunionconnection.com/cpr-a-clear-and-compassionate-framework-for-tough-conversations/): Michael Wolsten, Michael Wolsten Consulting (Conflict is inevitable. but when handled well, it doesn’t have to derail your credit union’s culture- it can actually strengthen it.) Conflict, when handled well, can lead to clarity, maturity, and real trust. That’s the purpose of the CPR Method, a leadership tool designed to help you navigate difficult moments with structure, empathy, and momentum. It’s especially helpful when a team member is off-track, when accountability is needed, or when emotions could cloud judgment. Instead of reacting, leaders who use the CPR Method respond with purpose. They build trust, reinforce expectations, and model the behaviors that […] - [How Credit Unions Can Market Home-Improvement Loan Programs to Contractors](https://thecreditunionconnection.com/how-credit-unions-can-market-home-improvement-loan-programs-to-contractors/): Michael Needham, Chief Content Officer. Finturf If you’re looking to acquire more members, start at the kitchen table. That’s where local contractors sit with homeowners right as financing decisions are made. When you give contractors your loan program as a sales tool, they close more deals, and you access a new customer acquisition channel with baked-in opportunities to cross-sell to these homeowners in the future. To make this channel work at scale, you’ll need in-house capabilities or an experienced partner that can manage contractor risk, deliver real-time approvals at the kitchen table and support members after the job is complete. Done […] - [Veridian Credit Union Offering Interest-Free Loans for Members Impacted by Government Shutdown](https://thecreditunionconnection.com/veridian-credit-union-offering-interest-free-loans-for-members-impacted-by-government-shutdown/): Veridian Credit Union is offering interest-free Government Advance Loans or free delayed-payment services to members whose income is impacted by the current government shutdown. Veridian members with a history of regular federal government income are eligible to accept one of the two offerings. “Missing a paycheck can be a difficult burden,” said Kara Van Wert, Veridian’s chief lending officer. “Veridian is a member-owned financial cooperative, and we exist to serve the best interest of our members. We’re here to help ease the uncertainty for members who are impacted by this shutdown.” Government Advance Loans offer a 30-day, single-payment term with […] - [Chartway’s Chief People & Culture Officer Rebecca Riordan Named a Virginia Business Magazine 2025 Women in Leadership Award Honoree](https://thecreditunionconnection.com/chartways-chief-people-culture-officer-rebecca-riordan-named-a-virginia-business-magazine-2025-women-in-leadership-award-honoree/): Virginia Business has selected Rebecca Riordan, chief people & culture officer of Chartway Credit Union, as a 2025 Women in Leadership Awards recipient. The “Women in Leadership Awards” celebrate top women executives for their overall professional accomplishments, civic engagement, mentorship and breaking glass ceilings. The honorees, selected by the Virginia Business leadership team, have consistently demonstrated remarkable leadership and integrity and make an impact on their community and/or Virginia as a whole. “True leadership is about creating space for others to succeed,” said Riordan. “At Chartway, we’ve fostered a culture where purpose drives performance and inclusion fuels innovation. This recognition reflects the incredible work our team does […] - [NCUA Regulation 704.8(k): Why LaCorp is Advocating for its Elimination](https://thecreditunionconnection.com/ncua-regulation-704-8k-why-lacorp-is-advocating-for-its-elimination/): Please comment! Template letter below to help meet Oct. 8 deadline David Savoie, CEO, LaCorp The National Credit Union Administration (NCUA) is currently conducting its 2025 regulatory review under the Economic Growth and Regulatory Paperwork Reduction Act (EGRPRA), and LaCorp has submitted a compelling comment letter advocating for the elimination of regulation 704.8(k). This outdated rule has become a significant barrier to efficient credit union operations, and we believe it’s time for our industry to unite in support of meaningful regulatory reform. The Problem with 704.8(k) Regulation 704.8(k) currently prohibits corporate credit unions from accepting investments from any single member or […] - [First Harvest Credit Union Makes Back-to-School Breakfast Deliveries to Partnering Schools for Teacher Appreciation](https://thecreditunionconnection.com/first-harvest-credit-union-makes-back-to-school-breakfast-deliveries-to-partnering-schools-for-teacher-appreciation/): Deliveries Made to Six Southern New Jersey Schools as Part of Credit Union’s 85 Acts of Kindness Initiative First Harvest Credit Union (“First Harvest”) recently made breakfast deliveries to six Southern New Jersey schools to kick off the back-to-school season. These deliveries, along with additional community reinvestment and giveback programs, are part of the credit union’s 85 Acts of Kindness initiative, which is taking place throughout the year in celebration of its 85th anniversary. First Harvest selected six partner schools within its field of membership to receive these deliveries during the month of September. First Harvest has more than 100 […] - [Reliant Credit Union Celebrates 55 Years of Service to the Community](https://thecreditunionconnection.com/reliant-credit-union-celebrates-55-years-of-service-to-the-community/): Reliant Credit Union is proud to announce the celebration of its 55th anniversary, a milestone that reflects more than half a century of commitment to its members and communities across the Greater Rochester and Finger Lakes region. What began in 1970 as WCTA Federal Credit Union—founded by members of the Wayne County Teachers Association—has since grown into a trusted financial partner for more than 47,000 members across Wayne, Ontario, and Monroe counties in New York. At the time the credit union was established, many teachers found it difficult to get loans because they didn’t get paychecks all 12 months of […] - [Valley Strong Credit Union Announces Special Assistance for Federal Employees Impacted by Government Shutdown](https://thecreditunionconnection.com/valley-strong-credit-union-announces-special-assistance-for-federal-employees-impacted-by-government-shutdown/): Valley Strong Credit Union announced the initiation of Special Assistance Resources for Federal Employees who have been impacted by the current government shutdown. The program is for affected Members and includes Paycheck Assistance Loans, Mortgage Hardship Assistance, and Skip-a-Payment Eligibility on auto, credit cards, or personal loans through Valley Strong. These resources were developed to support individuals affected by a government shutdown and may be activated by the Credit Union as circumstances require. The Paycheck Assistance Loans are offered with the following terms (all borrowers are subject to qualification, underwriting approval, lender terms and conditions): “At Valley Strong, we recognize […] - [DCUC Welcomes Mid Minnesota Federal Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-mid-minnesota-federal-credit-union-to-dcuc-membership/): MMFCU is a member-owned financial cooperative with deep roots in the communities it serves, guided by values of personal responsibility, integrity, community, and teamwork. Unlike profit-driven institutions, MMFCU reinvests directly in its members by offering competitive loan rates, higher dividends, and local decision-making. Its mission is to earn lasting member loyalty through resources that enhance financial well-being, while its vision is to be the trusted financial partner for every stage of life. Serving members across multiple counties in central Minnesota, MMFCU is committed to living, working, and investing alongside its communities. “Mid Minnesota FCU is proud to join DCUC and […] - [OneAZ’s “Fore the Community” Golf Tournament to Support Arizona Communities](https://thecreditunionconnection.com/oneazs-fore-the-community-golf-tournament-to-support-arizona-communities/): Golf and giving unite as OneAZ launches an inaugural tournament to strengthen Arizona communities The OneAZ Community Foundation is proud to announce its inaugural “Fore the Community” Golf Tournament, bringing together 144 players, vendors, and partners for a day of sport, networking, and impact. This event tees off a new tradition for OneAZ, bringing together business partners and community supporters to raise awareness and funds for initiatives that strengthen Arizona communities.  “We are thrilled to launch the inaugural ‘Fore the Community’ Golf Tournament, which reflects OneAZ’s deep commitment to creating a meaningful impact for Arizona communities,” said Robert Raygoza,Executive Director, OneAZ […] - [OTIS Federal Credit Union Donates School Supplies to Teachers and Homeschooling Families](https://thecreditunionconnection.com/otis-federal-credit-union-donates-school-supplies-to-teachers-and-homeschooling-families/): OTIS Federal Credit Union recently celebrated their third annual “Totes for Teachers” back-to-school event, giving away one hundred fifty plastic totes full of supplies to teachers employed within OTIS FCU’s field of membership. During the event, educators visited the branch to claim their tote, eager and ready to start the school year. After the event, remaining totes were distributed to a handful of schools in Auburn, Poland, and Jay, including Fairview Elementary in Auburn and Sweet Tomatoes Learning Center in East Jay. Between the in-branch event and subsequent distribution, educators from thirty-five schools across six Maine counties received school supplies […] - [MSU Federal Credit Union Unveils 2025-2026 Women of Sparta Cohort](https://thecreditunionconnection.com/msu-federal-credit-union-unveils-2025-2026-women-of-sparta-cohort/): Michigan State University Federal Credit Union (MSUFCU) is proud to announce the second cohort of its Women of Sparta program. Women of Sparta was developed by MSUFCU to be a comprehensive NIL program for women’s sports at Michigan State University. It is designed to provide student-athletes with support beyond typical NIL deals, which are often focused solely on financial compensation. The 2025-2026 cohort features outstanding athletes from a variety of sports, showcasing the talent and dedication within MSU women’s athletics: “So glad to be back for another year representing MSUFCU in its Women of Sparta program!” shared Cookie Baugh in an Instagram post. […] - [Several Credit Unions Announce New Hires/Promotions; LAFCU CFO Honored with 2025 Real McCoy Award](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-promotions-lafcu-cfo-honored-with-2025-real-mccoy-award/): Several credit unions, including United Federal Credit Union and Westerra Credit Union, announced new additions and changes to their teams, and the CFO of LAFCU was honored with a 2025 Real McCoy Award. New Hires: Recognitions: Promotions: Appointments: - [Coastal Credit Union Foundation Opens Scholarship Applications for 2026–27 School Year](https://thecreditunionconnection.com/coastal-credit-union-foundation-opens-scholarship-applications-for-2026-27-school-year/): The Coastal Credit Union Foundation is proud to announce that scholarship applications for the 2026–2027 academic year are now open. The scholarship is designed to help students pursue higher education by easing the financial burden of college costs. It is open to students attending a four-year university, community college, or technical school, and scholarships may be used for tuition, books, or other education-related expenses. The scholarship is open to students who: The program is managed by and in partnership with the Carolinas Credit Union Foundation. Students can learn more about eligibility, selection criteria, and tips for submitting a strong application by visiting […] - [Union Credit Marks Two Years, Approaching $1 Billion in Embedded Loans and Credit Lines](https://thecreditunionconnection.com/union-credit-marks-two-years-approaching-1-billion-in-embedded-loans-and-credit-lines/): 70 lenders onboarded, 40K new members added, Gen Z in focus as credit unions scale digital reach Union Credit today celebrates the two-year anniversary of its marketplace launch. Over the past 24 months, Union Credit has fueled nearly $1 billion in loans and credit lines, brought 70+ lenders live, and connected nearly 5,000 new members to credit unions — with over one-third of them going on to adopt multiple products. “Our mission from the start has been to weave credit union products directly into consumers’ everyday experiences — turning credit offers into a natural part of the journey, not an […] - [Landmark Credit Union Appoints Timothy Mackay as President & CEO](https://thecreditunionconnection.com/landmark-credit-union-appoints-timothy-mackay-as-president-ceo/): Financial industry executive with more than thirty years of experience to lead Wisconsin-Based Credit Union Landmark Credit Union today announced that its board of directors appointed Timothy Mackay as president and chief executive officer, effective Oct. 13. Mackay succeeds Jay Magulski, who shared his plans to retire from Landmark earlier this year. “We’ve concluded a thoughtful, nationwide search with the help of Korn Ferry, a global executive search firm, to identify Landmark’s next president and CEO,” said Brian Dorow, chairperson of Landmark’s board of directors. “We set out to find the right leader – someone who could drive growth, implement strategic change […] - [Demopolis Acquires the TruStage™ Digital Storefront Business ](https://thecreditunionconnection.com/demopolis-acquires-the-trustage-digital-storefront-business/): Transaction establishes leading digital platform as independent company Demopolis Equity Partners (“Demopolis”) announced today that it has acquired the Digital Storefront business (“Digital Storefront” or “DSF”) of TruStage™, a financially strong insurance and financial services provider. The transaction will establish Digital Storefront as an independent business with enhanced operational focus and additional resources to pursue growth and expansion initiatives.  Building on a decade of delivering growth for clients and bolstered by the support and expertise of Demopolis, Digital Storefront will continue helping financial institutions grow, compete, and strengthen member relationships through hyper-personalized, data-driven marketing. The Digital Storefront platform delivers intelligent, […] - [CD Valet’s September CD Rate Analysis Reveals Accelerated Decline in CD Rates Following Federal Reserve Action](https://thecreditunionconnection.com/cd-valets-september-cd-rate-analysis-reveals-accelerated-decline-in-cd-rates-following-federal-reserve-action/): CD rate yield curve continues to be inverted, as volume of rate changes doubles from August CD Valet today shared that approximately 91% of CD rate changes made during September were decreases, reflecting the Federal Open Market Committee’s (FOMC) recent .25% reduction in interest rates. “While savers might have missed the high point in this interest rate cycle, there is still a window of opportunity,” says Mary Grace Roske, head of marketing and communications for CD Valet.  “While the best time to lock in a rate was yesterday, the second-best time is today. As high-yield savings and money markets could […] - [$31M 1st Choice Credit Union Merged into Hope FCU After 15-Month Conservatorship](https://thecreditunionconnection.com/31m-1st-choice-credit-union-merged-into-hope-fcu-after-15-month-conservatorship/): Member Deposits Remain Protected Up to $250,000; Member Services Uninterrupted The National Credit Union Administration (NCUA) today announced that 1st Choice Credit Union of Atlanta, Georgia, has merged into Hope Federal Credit Union of Jackson, Mississippi, effective immediately. The new Hope Federal Credit Union members should experience no interruption in services, and member deposits remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund separately protects IRA and […] - [Dakota Credit Union Association Announces Leadership Transition](https://thecreditunionconnection.com/dakota-credit-union-association-announces-leadership-transition/): The Dakota Credit Union Association (DakCU) Board of Directors announced that President/CEO Jeff Olson has resigned from his position, effective October 1, 2025.  “We want to thank Jeff for his years of service and leadership on behalf of DakCU and the credit union movement across the Dakotas. We wish him the very best in his future endeavors,” said DakCU Board Chair Lacey Fetsch.  The Board has appointed George McDonald, DakCU Senior Vice President/Chief Officer of Partnerships and Engagement, as Interim President/CEO. McDonald is a respected member of the DakCU leadership team, and the Board is confident in his ability to […] - [Royal Credit Union Celebrates International Credit Union Day with In-Office Giveaway](https://thecreditunionconnection.com/royal-credit-union-celebrates-international-credit-union-day-with-in-office-giveaway/): On Oct. 16 Royal Credit Union (Royal) will join credit unions around the world in celebrating International Credit Union (ICU) Day®, an annual celebration recognizing the impact and achievements of the credit union movement. This year marks the 77th anniversary of ICU Day, which will be celebrated with the theme of “Cooperation for a Prosperous World”. Royal invites Members and non-members to visit any Royal office between Oct. 10 and Oct. 20 to enter to win a gift basket featuring a custom ICU Day puzzle, neck pillow, and various travel essentials. Free coloring pages will also be available in all offices during […] - [Members First Credit Union Announces New Branch Opening in Bay City, MI with Construction Starting in 2026](https://thecreditunionconnection.com/members-first-credit-union-announces-new-branch-opening-in-bay-city-mi-with-construction-starting-in-2026/): Members First Credit Union (M1) is proud to announce plans to open a new branch at 3697 E. Wilder Road in Bay City, Michigan, with construction set to begin in 2026. The 4,000 square foot branch will serve as a community financial wellness center with accessible financial resources and personalized service tailored to members’ unique needs. It reflects M1’s dedication to creating thriving communities and empowering individuals on their wellbeing journey.  “We are excited to embark on this new journey in Bay City, said Carrie Iafrate, CEO and President of Members First Credit Union. “As we break ground in 2026, […] - [Financial Center Expands to Hancock County with $1.5M McCordsville Branch](https://thecreditunionconnection.com/financial-center-expands-to-hancock-county-with-1-5m-mccordsville-branch/): Financial Center is proud to announce the opening of its newest full-service branch in McCordsville, located at 8900 N. 600 W. This new location marks a strategic relocation of the Geist Branch, bringing greater access, convenience, and service to members in one of Indiana’s fastest-growing communities. The McCordsville branch represents a $1.5 million investment in the eastern Indianapolis area and will serve existing and future Hancock County members in McCordsville, Fishers, Greenfield, and the surrounding neighborhoods. The project was led by Cincinnati-based DEI Design & Build, with support from a large number of local subcontractors – reinforcing Financial Center’s commitment […] - [Hawaii State FCU Announces Free Financial Education Webinars From October – December](https://thecreditunionconnection.com/hawaii-state-fcu-announces-free-financial-education-webinars-from-october-december/): Webinars are free and open to the public Hawaii State Federal Credit Union (Hawaii State FCU) has announced its schedule of free financial education webinars available from October through December. The series will cover timely topics, including holiday budgeting and protecting against fraud. The webinars are led by expert financial educators and are free and open to the public. Registration is now available at HawaiiStateFCU.com/events. “As a not-for-profit credit union, we are committed to giving back to the community by making financial guidance accessible to everyone,” said Andrew Rosen, president and CEO of Hawaii State FCU. “These webinars are designed to equip participants with […] - [BECU Opens New Location in Kirkland, Washington](https://thecreditunionconnection.com/becu-opens-new-location-in-kirkland-washington/): BECU celebrated the opening of its newest Neighborhood Financial Center in Kirkland, Washington. The 3,400-square-foot location marks the credit union’s second location in Kirkland. BECU Chief Member & Digital Experience Officer Jason Rudman led the ribbon cutting alongside District Director Chanta Rosenstock and several community partners. In addition to offering financial guidance and account inquiries, the new Kirkland locations offers direct access to Video Banking, as well as free, in-person seminars with BECU’s Financial Health team. This includes upcoming classes on Building Credit (Oct. 18) and Understanding and Preventing Fraud (Nov. 8). - [Alloya Announces Appointment of Chief Risk Officer](https://thecreditunionconnection.com/alloya-announces-appointment-of-chief-risk-officer/): Alloya Corporate Federal Credit Union is pleased to announce the appointment of Karen Mitchell as its Chief Risk Officer (CRO), effective October 1, 2025. This appointment reflects the organization’s commitment to upholding the highest standards of risk management, corporate governance and strategic growth. John Collins, the current Chief Risk Officer, will be retiring in early 2026 after a distinguished career of service to Alloya and its credit union members.   “We are delighted to welcome Karen Mitchell to our executive team as Chief Risk Officer,” said Todd Adams, Alloya’s Chief Executive Officer. “Her experience and leadership in risk management, combined with […] - [Velera Celebrates 50th Anniversary of Shared Branch Network, a Milestone in Member Convenience](https://thecreditunionconnection.com/velera-celebrates-50th-anniversary-of-shared-branch-network-a-milestone-in-member-convenience/): Velera is pleased to celebrate 50 years of the Shared Branch network, a system that has transformed access to financial services for credit union members nationwide. What began as a bold cooperative experiment has grown into one of the largest credit union networks, with more than 5,500 participating branches across the U.S., Puerto Rico and Guam. Through Velera’s Co-op Shared Branch network, members can complete routine transactions at any partner location, offering a convenient and seamless member experience. The CUSO helps credit unions participate in the network by providing the technology, operational support and payment solutions that make shared branch transactions […] - [Westerra Credit Union Stands Ready To Support The Community During Federal Government Shutdown](https://thecreditunionconnection.com/westerra-credit-union-stands-ready-to-support-the-community-during-federal-government-shutdown/): With the federal government now in shutdown as of today, Westerra Credit Union (Westerra) is taking proactive steps to support those in the community who may be impacted. As a local, not-for-profit financial cooperative, Westerra is committed to standing by its members and the broader community during uncertain times. In response to the shutdown, Westerra is offering the Westerra Cares: Government Relief Loan — a special 6-month, 0% APR loan designed to help eligible members bridge the gap between paychecks. This loan is available to existing Westerra members who provide proof of federal furlough (in the form of a letter) along with a recent pay […] - [Reliant Credit Union Named a 2025 Elevating Women Award Winner by Rochester Business Journal](https://thecreditunionconnection.com/reliant-credit-union-named-a-2025-elevating-women-award-winner-by-rochester-business-journal/): Reliant Credit Union is proud to announce that it has been named one of the Rochester Business Journal’s 2025 Elevating Women Award winners. The Elevating Women Awards celebrate companies that prioritize women’s advancement by documenting results in hiring, promoting, and elevating women into leadership roles; advocating for women both internally and externally; and cultivating the next generation of women professionals. Honorees were selected by the Rochester Business Journal leadership team. Reliant Credit Union’s dedication to elevating women is reflected in its leadership team, professional development programs, and culture of mentorship. Women represent a majority of Reliant’s workforce and hold leadership […] - [GLCU Wins State-Level Desjardins Financial Education Award from America’s Credit Unions](https://thecreditunionconnection.com/glcu-wins-state-level-desjardins-financial-education-award-from-americas-credit-unions/): Great Lakes Credit Union (GLCU) is proud to announce that it received a 2025 State-Level Desjardins Financial Education award from America’s Credit Unions for its financial and housing counseling program. GLCU will be recognized at the Illinois Credit Union League (ICUL) Annual Convention Celebration Lunch on Friday, October 24, 2025, at the Hilton Chicago. The Desjardins Financial Education Award recognizes credit unions that demonstrate leadership in financial literacy programs for both youth and adults. The philanthropic arm of GLCU – the GLCU Foundation for Financial Empowerment – supports the community by offering free housing and financial counseling to members and non-members. The GLCU Foundation’s National Commission for Health Education Credentialing (NCHEC) and U.S. […] - [Tucson Federal Credit Union (TFCU) to Sponsor 7th Annual #LovePup Family Fest](https://thecreditunionconnection.com/tucson-federal-credit-union-tfcu-to-sponsor-7th-annual-lovepup-family-fest/): Tucson Federal Credit Union (TFCU) is excited to return for the third year as a sponsor of the 7th Annual #LovePup Family Fest on Saturday, October 4, 2025, at Rancho Sahuarita. WHO: Tucson Federal Credit Union at 7th Annual #LovePup Family Fest  WHEN: Saturday, October 4, 2025 | 10:00 a.m. – 2:00 p.m.  WHERE: Rancho Sahuarita WHAT:TFCU is bounding into fall and ready to connect with families at the 7th Annual #LovePup Family Fest. At the TFCU booth, kids will enjoy healthy snacks, giveaways, and crafts. Families can also learn how to start building smart saving habits before visiting the […] - [Hanscom Federal Credit Union and Alkami Forge Strategic Partnership to Power a Differentiated Mobile Banking Experience](https://thecreditunionconnection.com/hanscom-federal-credit-union-and-alkami-forge-strategic-partnership-to-power-a-differentiated-mobile-banking-experience/): Credit union to integrate Alkami’s Digital Banking Platform with a proprietary first-of-its-kind gamified financial wellness experience Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), today announced a strategic partnership with Hanscom Federal Credit Union (HFCU) to support the launch of HFCU’s proprietary mobile banking experience. Designed to deliver a convenient, gamified approach to banking, the mobile application (app) will empower members with personalized tools for financial wellness. As part of the collaboration, HFCU will also adopt Alkami’s Online Banking Platform to help ensure a seamless and secure experience across digital channels. “This is more than a platform deployment, it’s a co-creation of […] - [Harborstone Credit Union Completes Merger of Community 1st Credit Union](https://thecreditunionconnection.com/harborstone-credit-union-completes-merger-of-community-1st-credit-union/): Community 1st Credit Union has officially merged with Harborstone Credit Union. Harborstone, headquartered in Lakewood, Washington, has assumed nearly all of Community 1st’s assets and liabilities, including member deposits. Community 1st, previously headquartered in Dupont, Washington, is now part of the Harborstone family, however, all Community 1st branches will continue to operate under their existing brand until further notice.  This partnership was unanimously approved by the board of directors of both institutions, received approval by state and federal regulators, and received a majority vote by the membership of Community 1st Credit Union. The combined credit union will continue to operate […] - [American Heritage Invites Members and the Community to Take Part in the 12th Annual Spirit of Giving Food Drive](https://thecreditunionconnection.com/american-heritage-invites-members-and-the-community-to-take-part-in-the-12th-annual-spirit-of-giving-food-drive/): Credit Union Sets Goal of Collecting 20,000 Pounds of Food for 2025 Seasonal Distribution American Heritage Credit Union (“American Heritage”) invites its credit union members and the community to help collect 20,000 pounds of food in its 12th annual Spirit of Giving Food Drive. All nonperishable food donations will be distributed to various food pantries and food banks throughout the region the credit union serves. The Spirit of Giving Food Drive is a part of American Heritage’s annual holiday initiatives and provides much needed meals, nonperishable food items, and monetary donations to local families and organizations in need. The donations will […] - [Larky and Tyfone Partner to Enhance Account Holder Engagement for Financial Institutions](https://thecreditunionconnection.com/larky-and-tyfone-partner-to-enhance-account-holder-engagement-for-financial-institutions/): Larky and digital banking solutions provider Tyfone today announced a strategic partnership to bring Larky’s nudge® platform directly into Tyfone’s nFinia® digital banking solution. Larky’s nudge® platform delivers real-time, personalized notifications, transforming how financial institutions connect with their account holders. Through a pre-built integration with Tyfone’s modern digital banking experience, these capabilities are seamlessly embedded, enabling financial institutions to deliver added value within the mobile channels their customer and members already trust. “At Tyfone, we believe that elegant user experiences are only the starting point,” said Siva Narendra, CEO of Tyfone. “What truly sets us apart is our commitment to innovation, collaboration, and execution. […] - [CDFI Fund Operating Status During Federal Government Shutdown](https://thecreditunionconnection.com/cdfi-fund-operating-status-during-federal-government-shutdown/): For the duration of the federal government shutdown, limited Community Development Financial Institutions Fund (CDFI Fund) staff and services will be available as described below. - [California Credit Union Offering Relief Programs to Existing Members Impacted By Federal Government Shutdown](https://thecreditunionconnection.com/california-credit-union-offering-relief-programs-to-existing-members-impacted-by-federal-government-shutdown/): Special assistance offered to California Credit Union members whose pay has been disrupted as federal employees California Credit Union has announced that it will offer special relief programs to support current members whose pay has been affected by the current government shutdown. Programs include: “We understand the difficulties our members may face if they don’t receive their paychecks and we’re here to help. California Credit Union members can rest assured we will work alongside them with a variety of special assistance programs to help alleviate some of the financial stress this government shutdown may cause,” said California Credit Union President/CEO Steve […] - [DCUC Submits Comments on NCUA’s Voluntary Regulatory Review, Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA)](https://thecreditunionconnection.com/dcuc-submits-comments-on-ncuas-voluntary-regulatory-review-economic-growth-and-regulatory-paperwork-reduction-act-of-1996-egrpra/): This morning, the Defense Credit Union Council (DCUC) submitted a letter to the National Credit Union Administration (NCUA) as part of its voluntary review under the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA). While NCUA is not required to participate, DCUC expressed its appreciation for the NCUA’s decision to do so, demonstrating a commitment to burden reduction, transparency, and collaboration. In a letter sent to NCUA Secretary of the Board, Melane Conyers-Ausbrooks, DCUC stressed the importance of tailoring regulations to the unique needs of servicemembers, veterans, and their families. DCUC’s recommendations included: “DCUC commends the NCUA for […] - [Chairman Hauptman On Regulation by Enforcement](https://thecreditunionconnection.com/chairman-hauptman-on-regulation-by-enforcement/): The National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman issued the following statement about NCUA’s No Regulation-by-Enforcement Policy: Today’s policy statement fulfills a goal listed back in January upon being designated as Chairman: “Codifying our procedures to protect Americans from regulation-by-enforcement. For example, no enforcement action should ever set―or even clarify― policy. In America and other free societies, the sequence is: set speed limits, then give speeding tickets (no one has any obligation to be aware of someone else’s ticket).” To be clear, this agency has a good track record regarding regulation-by-enforcement, so this statement shouldn’t be viewed as being the result […] - [Agencies Issue Reminder to Institutions on Lending When the National Flood Insurance Program Is Unavailable](https://thecreditunionconnection.com/agencies-issue-reminder-to-institutions-on-lending-when-the-national-flood-insurance-program-is-unavailable/): Federal financial institution regulatory agencies today remind lenders that they may continue to make loans that are subject to the federal flood insurance statutes when the National Flood Insurance Program is not available. During this period, lenders are allowed to make these loans without requiring federal flood insurance. As explained in the Interagency Questions and Answers Regarding Flood Insurance, in Q&A Applicability 12, lenders may continue to make loans without flood insurance coverage during this time but must continue to make flood determinations; provide timely, complete, and accurate notices to borrowers; and comply with other applicable parts of the flood […] - [MD|DC Credit Union Association Offers Federal Government Shutdown Resource Center](https://thecreditunionconnection.com/mddc-credit-union-association-offers-federal-government-shutdown-resource-center/): Credit unions across the Maryland, Delaware, and Washington Metropolitan region are stepping up to support members impacted by the federal government shutdown. Many are offering financial relief programs designed to ease the burden during this uncertain time. The MD|DC Credit Union Association is providing a Federal Government Shutdown Resource center listing credit unions and the specific relief programs they are offering. The list will be continually updated as more credit unions provide information. Members are encouraged to reach out directly to their credit union to learn about eligibility and the options available, which may include: “Credit unions have a history of stepping up to […] - [NCUA to Remain Open, Credit Union Members’ Shares Insured, While Federal Government Closed](https://thecreditunionconnection.com/ncua-to-remain-open-credit-union-members-shares-insured-while-federal-government-closed/): The National Credit Union Administration will remain open and individual accounts will remain federally insured during the federal government shutdown. The NCUA is an independent agency of the federal government, and its operating budget comes from fees charged to federal credit unions and transfers from the National Credit Union Share Insurance Fund. Credit union members’ accounts will continue to be insured by the Share Insurance Fund. The government shutdown could affect credit unions, particularly those with federal employees in their memberships. As such, credit unions should plan to respond to members’ questions and consider other actions, such as: Consistent with […] - [Why Collaboration Could Be the Key to the Future of Credit Unions](https://thecreditunionconnection.com/why-collaboration-could-be-the-key-to-the-future-of-credit-unions/): “Collaboration is our superpower, if we could just use it.” That line from Sarah Snell Cooke during her sit-down with Bill Butler, CEO of Kachinga, lingers in the air. It is not just a passing comment. It is a challenge, a reminder, and maybe even a warning. In an industry where the average member is now 53 years old, credit unions cannot afford to miss the next generation. Bill has been in the trenches long enough to see the patterns. When adults choose their financial institutions, they tend to stick. That is why his company is leaning hard into youth […] - [DCUC Welcomes Municipal Credit Union As a New Member](https://thecreditunionconnection.com/dcuc-welcomes-municipal-credit-union-as-a-new-member/): The Defense Credit Union Council (DCUC) proudly welcomes Municipal Credit Union, MCU, as its newest member. Municipal Credit Union (MCU) has stood by hardworking New Yorkers since 1916, offering financial support through all of life’s ups and downs. Founded by 19 charter members managing just $570 in deposits, MCU has grown into a trusted, member-focused institution that today serves over 630,000 members with 15 branches and a robust suite of digital banking tools. Guided by its mission to help all New Yorkers build better tomorrows, MCU puts people over profits, reinvesting in scholarships, credit counseling and programs to support underserved […] - [8 Tons of Documents Shredded at Annual ShredFest](https://thecreditunionconnection.com/8-tons-of-documents-shredded-at-annual-shredfest/): ShredFest was held September 27 at Summit Credit Union’s headquarters in Cottage Grove, WI. Summit, a member-owned financial cooperative, along with the Wisconsin Better Business Bureau (BBB) and Pellitteri Waste Systems have partnered on this annual event for more than 10 years. The free shredding event helps protect Summit’s members and local residents from identity theft. “With fraud on the rise, protecting our members’ information has never been more critical. ShredFest is a proactive way to stop fraudsters in their tracks, keeping sensitive documents out of the wrong hands and helping our community stay safe,” said Summit Credit Union CEO & […] - [Royal Credit Union Supports Three Local Food Banks in Honor of Hunger Action Month ](https://thecreditunionconnection.com/royal-credit-union-supports-three-local-food-banks-in-honor-of-hunger-action-month/): Royal Credit Union (Royal) displayed its commitment to fighting food insecurity during Hunger Action Month by donating a total of $15,000 to three local food banks: Feed My People Food Bank, Second Harvest Heartland, and St. Croix Valley Food Bank. In addition to these generous donations, Royal team members rolled up their sleeves and volunteered at each organization, embodying the credit union’s core purpose of creating a positive impact.  Hunger Action Month is a national campaign that raises awareness about food insecurity and mobilizes individuals, businesses, and organizations to take action in the month of September. Recognizing the urgent need […] - [myCUmortgage Recognizes Partner Credit Unions for Making Members' Homeownership Dreams a Reality](https://thecreditunionconnection.com/mycumortgage-recognizes-partner-credit-unions-for-making-members-homeownership-dreams-a-reality/): Awards Luncheon is a key component of myCUmortgage’s annual Partner Conference, highlighting the best of the best in credit union mortgage lending In the style and spirit of the Roaring Twenties, myCUmortgage joined credit union representatives from across the country to celebrate An Era of Possibilities in mortgage lending during its 20th Annual Partner Conference, held October 14-16 in Dayton, Ohio. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt Credit Union. At the heart of this celebration was the conference’s Annual Awards Luncheon, where 19 credit unions and loan originators were recognized for their excellence in helping […] - [Clutch Commits $1,000,000 in 2026 Toward the Credit Union Mission](https://thecreditunionconnection.com/clutch-commits-1000000-in-2026-toward-the-credit-union-mission/): Clutch today announced a $1,000,000 reinvestment commitment for 2026 –  its largest to date – dedicated to supporting initiatives that advance the credit union movement, strengthen local communities, and expand member-first innovation. This investment underscores Clutch’s belief that credit unions are critical to the future of American financial services, and that fintech partners must play a direct role in advancing that future. “Credit unions exist to serve their members and communities, and we believe their technology partners should do the same,” said Nicky Hinrichsen, CEO and co-founder of Clutch. “This $1,000,000 commitment represents our pledge to fuel the credit union mission – […] - [Indiana Members Credit Union Contributes $2,317 To Center Grove High School](https://thecreditunionconnection.com/indiana-members-credit-union-contributes-2317-to-center-grove-high-school/): Indiana Members Credit Union (IMCU) recently presented a check for $2,317 to Center Grove High School (Greenwood, IN) as part of an ongoing school spirit debit card program. The partnership allows Center Grove fans the opportunity to show their school spirit and support the athletic program by signing up for a Center Grove Trojans themed debit card. Every time the card is used as a signature based transaction, Center Grove athletics benefits. The more cards that are in use, the larger the contribution. Since beginning the program in 2013, Center Grove Schools has earned $29,736 through this IMCU giveback program.  […] - [Credit Union Leaders Recognized at Indiana Credit Union League Convention; Tinker Federal Credit Union Announces Promotion](https://thecreditunionconnection.com/credit-union-leaders-recognized-at-indiana-credit-union-league-convention-tinker-federal-credit-union-announces-promotion/): Several credit union leaders were recognized at the Credit Union Awards Celebration, a special event held during the Indiana Credit Union League‘s annual convention, and Tinker Federal Credit Union announced a promotion within its organization. New Hires: Recognitions: Promotions: - [GLCU Foundation Celebrates Annual Event Honoring 2025 Achievements and Supporters](https://thecreditunionconnection.com/glcu-foundation-celebrates-annual-event-honoring-2025-achievements-and-supporters/): Last week, the GLCU Foundation for Financial Empowerment hosted its annual fundraising celebration at the Chevy Chase Country Club in Wheeling, Illinois, bringing together more than 80 guests, including partners, clients, supporters, board members, and employees, to reflect on the milestones of 2025, raise funds, and express gratitude to those who made them possible. The dinner reception highlighted the GLCU Foundation’s achievements over the past year, with a focus on the HUD-certified housing and financial counselors’ work with local community members, financial literacy efforts, and community giveback. Emceed by GLCU Foundation Executive Director Matthew Rizzie, the evening began with powerful speeches by […] - [Keller Joins Numerica As Chief Financial Officer](https://thecreditunionconnection.com/keller-joins-numerica-as-chief-financial-officer/): Numerica Credit Union is pleased to welcome Joel Keller as its new chief financial officer (CFO). Keller brings more than 30 years of financial leadership experience spanning both the credit union and banking sectors. His background in guiding organizations through growth and transformation, along with his deep commitment to member-focused service, makes him a valuable addition to Numerica’s executive team. As CFO, Keller will oversee Numerica’s finance, treasury, accounting, legal, and risk functions – ensuring Numerica’s continued financial strength and ability to invest in members and communities.  “Joel’s experience as CFO for both credit unions and banks brings a unique […] - [Doreen and Joe Bruner Honored as 2025 Dream Builders](https://thecreditunionconnection.com/doreen-and-joe-bruner-honored-as-2025-dream-builders/): Award presented by Jim Minge, CEO of Texas Trust Credit Union The Downtown Arlington Management Corporation (DAMC) and Texas Trust Credit Union named Joe and Doreen Bruner as the 2025 Dream Builders. Now in its tenth year, Downtown Arlington’s premier award honors individuals who have made the greatest contributions to revitalizing Downtown Arlington and making Arlington the American Dream City. This is the first time the award has been presented to a married couple — fitting recognition for two people whose leadership, philanthropy and vision have shaped downtown’s evolution for decades. Doreen Bruner has long been a community advocate and philanthropist, […] - [DCUC Expresses Strong Support for STREAMLINE Act](https://thecreditunionconnection.com/dcuc-expresses-strong-support-for-streamline-act/): On Tuesday, October 21, the Defense Credit Union Council (DCUC) sent a letter to Senator Tim Scott and Senator John Kennedy commending their leadership on the Streamlining Transaction Reporting and Ensuring Anti-Money Laundering Improvements for a New Era Act (STREAMLINE Act).  DCUC shared its support for this “much-needed legislation,” highlighting the proposed modernization of the Bank Secrecy Act’s reporting thresholds for Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs).  “This bill’s commonsense reforms will reduce outdated regulatory burdens while preserving essential anti-money laundering safeguards, ultimately allowing credit unions to better serve servicemembers and their communities,” wrote DCUC Chief Advocacy […] - [Members First Credit Union Helps Freeland Learning Center Spread the Joy of Reading](https://thecreditunionconnection.com/members-first-credit-union-helps-freeland-learning-center-spread-the-joy-of-reading/): Members First Credit Union is proud to support an innovative initiative at Freeland Learning Center: the launch of the school’s new book vending machine.  This exciting project was made possible through Members First’s role as a Presenting Sponsor for the Sleepy Dog Books Foundation Golden Gala, where the credit union chose Freeland Learning Center as the recipient. The Sleepy Dog Books Foundation, based in Mt. Pleasant, has donated thousands of books across Michigan to promote children’s literacy, inspire a love of reading, and encourage both academic and personal growth.  “The Freeland Learning Center extends heartfelt thanks to Members First Credit […] - [Eleven Orange County Credit Unions Come Together to Celebrate International Credit Union Day](https://thecreditunionconnection.com/eleven-orange-county-credit-unions-come-together-to-celebrate-international-credit-union-day/): SchoolsFirst Federal Credit Union welcomed 11 Orange County credit unions to the Credit Union’s headquarters in Tustin on Oct. 16 for International Credit Union Day,® creating an opportunity to share the accomplishments and lasting impact they make to improve the lives of their members. As not-for-profit financial cooperatives, credit unions prioritize people over profits, reinvesting earnings to support members and strengthen the communities they serve.  SchoolsFirst FCU was joined by: Congresswoman Young Kim and Assemblyman Tri Ta, along with representatives from local assembly and congressional districts, presented proclamations to each of the credit unions in their legislative districts. Themed “Cooperation for a […] - [NuMark Credit Union Serves Communities in Honor of Annual Day of Service](https://thecreditunionconnection.com/numark-credit-union-serves-communities-in-honor-of-annual-day-of-service/): NuMark Credit Union (NuMark) employees and family members had a busy day last Monday, October 13th, as they spread out into the surrounding communities to serve a few local nonprofits as part of their annual CU Kind (CUK) Day celebration!  CU Kind Day first started as a small project created by Affinity Plus Credit Union in Minnesota in 2018. The idea caught on quickly, and the following year it was adopted by credit unions in Illinois, Michigan, Montana, New Jersey, Pennsylvania, and Wisconsin, as well as expanded to other credit unions in Minnesota. Just last year in Illinois alone, over […] - [Arguments Heard Over Legality of the Illinois Interchange Fee Prohibition Act](https://thecreditunionconnection.com/arguments-heard-over-legality-of-the-illinois-interchange-fee-prohibition-act/): Henry Meier, The Law Office of Henry C. Meier, Esq.  Judge Virginia M. Kendall of the federal district court in Illinois heard arguments on Oct. 22 on a motion for summary judgment in a case that could establish important precedent about the scope of federal preemption afforded to federally chartered credit unions. See Ill. Bankers Ass’n v. Raoul.  Last year, Illinois passed the Illinois Interchange Fee Prohibition Act (IFPA). The law mandated that banks and credit unions reimburse merchants for the portion of interchange fees made up of state and local taxes and tips. The law was originally slated to take […] - [Unitus Community Credit Union Hosts Western Oregon University Coffee and Connection to Celebrate Future Bilingual Educators](https://thecreditunionconnection.com/unitus-community-credit-union-hosts-western-oregon-university-coffee-and-connection-to-celebrate-future-bilingual-educators/): Fourth annual celebration recognizes recipients of Unitus scholarships Unitus Community Credit Union hosted its fourth annual Coffee and Connection gathering at Western Oregon University (WOU), bringing together six students from its dedicated Bilingual Teacher Scholars cohort for an intimate morning of recognition, encouragement, and community. Held inside the Richard Woodcock Education Center, the event honored future bilingual educators whose lived cultural and linguistic experience reflects the growing diversity of Oregon’s classrooms. More than 40% of K–12 students in Oregon are ethnically or linguistically diverse, yet fewer than 15% of their teachers share that background. The Bilingual Teacher Scholars program was created to […] - [Turning a “No” Into a New Kind of Credit Union Win](https://thecreditunionconnection.com/turning-a-no-into-a-new-kind-of-credit-union-win/): Brian Scott, formerly of Velera and now with RAI Partners, is doing for credit unions and credit card applicants that others shy away from. It’s a simple idea with big impact, and in his conversation with Sarah Snell Cooke on The Credit Union Connection, it’s clear this is about more than cards – it’s about financial inclusion and credit union relevancy. It’s about helping credit unions serve members who would otherwise be turned down for a credit card.. Brian recognizes that smaller credit unions are losing members, lending has tightened and the pressure to grow responsibly continues to climb. RAI […] - [Digital Align’s CUSO Secures Investment from Community First Credit Union of Florida, Expanding Momentum for AI Agents](https://thecreditunionconnection.com/digital-aligns-cuso-secures-investment-from-community-first-credit-union-of-florida-expanding-momentum-for-ai-agents/): A leader in discovery and intelligent automation, providing specialized Digital Agents that enable scalable transformation for community financial institutions. Digital Align Inc. announces its Credit Union Service Organization (CUSO), Digital Agents Service Organization (DASO), has received a strategic equity investment from Community First Credit Union of Florida. This investment will be used to accelerate growth and enhance Digital Align’s current Credit Union Automation Platform to Agentic Platform. Based in Jacksonville, Community First is one of Florida’s largest credit unions, with $2.8 billion in assets serving 180,000 members across 23 locations. Community First Credit Union of Florida’s investment in DASO underscores the […] - [Lumin Digital Selected by Sierra Central Credit Union to Power Modern Digital Banking Experience](https://thecreditunionconnection.com/lumin-digital-selected-by-sierra-central-credit-union-to-power-modern-digital-banking-experience/): Cloud-native digital banking provider Lumin Digital, today announced that Yuba City, CA-based Sierra Central Credit Union has chosen Lumin Digital as its new digital banking provider. Through this partnership, Sierra Central will empower its members with secure, intuitive digital tools designed to enhance their financial well-being and deliver a seamless, future-ready banking experience. Driven by a commitment to putting members first, Sierra Central sought a partner who delivers advanced technology but also shares its member-centric philosophy. Lumin Digital’s human-inspired user experience and future-ready platform stood out, offering the flexibility and reliability needed to help Sierra Central grow alongside its members every step of […] - [Credit Union of Southern California Donates Nearly $260,0000 to Local Charities During Summer Giving Campaign](https://thecreditunionconnection.com/credit-union-of-southern-california-donates-nearly-2600000-to-local-charities-during-summer-giving-campaign/): CU SoCal Continues ‘People Helping People’ Philosophy In keeping with its long-standing tradition of People Helping People, Credit Union of Southern California (CU SoCal) donates to charitable organizations year-round. As part of that tradition, the credit union visits local nonprofits each summer—surprising them with donations to support their efforts in strengthening communities. During its 2025 summer charitable tour, CU SoCal donated nearly $260,000 to organizations across the region—part of the credit union’s ongoing, year-round commitment to giving back. More than 20 nonprofit organizations throughout Los Angeles, Orange, and San Bernardino counties received contributions ranging from $1,500 to $34,000—the latter representing the first installment […] - [Bloom Credit Teams Up with Suncoast Credit Union to Help Members Build Credit Without Debt](https://thecreditunionconnection.com/bloom-credit-teams-up-with-suncoast-credit-union-to-help-members-build-credit-without-debt/): New partnership gives 1.3 million members a simple way to report everyday bills and strengthen their credit profiles—right from their checking accounts Bloom Credit, a leading financial data platform and Suncoast Credit Union today announced a new partnership to bring Bloom+ to Suncoast’s members. The innovative service allows members to report up to five recurring bill payments—like rent, utilities, and phone bills—directly from their checking accounts to the credit bureaus to build or improve their credit history without taking on loans or credit cards. Members can see improvements to their credit profile within 24 hours of enrolling, giving them a […] - [Cotribute Expands Jack Henry™ Fintech Integration Network Integrations](https://thecreditunionconnection.com/cotribute-expands-jack-henry-fintech-integration-network-integrations/): FIN enables Cotribute to integrate with Enterprise Payment Solutions, Adding to Existing SilverLake System®, Symitar®, and Banno Digital Platform™ Cotribute today announced that it has expanded its participation in the Jack Henry™ Fintech Integration Network (FIN). Participation in the program provides Cotribute with access to Jack Henry’s technical resources, enabling it to integrate with Enterprise Payment Solutions (EPS).  Cotribute previously completed integrations with SilverLake System®, Symitar®, and Banno Digital Platform™. The Fintech Integration Network is designed to help ensure that Jack Henry’s customers can easily deploy third-party products.  Cotribute’s solution integrates with EPS, SilverLake, Symitar, and Banno Digital Platform through […] - [i2c Becomes First Issuer Processor Certified Globally to Enable Visa Click to Pay](https://thecreditunionconnection.com/i2c-becomes-first-issuer-processor-certified-globally-to-enable-visa-click-to-pay/): New certification helps i2c support faster, more secure, and frictionless eCommerce experiences for cardholders worldwide i2c Inc. today announced it is certified by Visa to globally enable Click to Pay, the new global EMVCo standard in online checkout designed to improve security, authorization rates, and the overall eCommerce experience. With this certification, clients can enable Click to Pay across multiple regions through a single integration with i2c. Click to Pay is a seamless, secure and tokenized digital checkout experience that bypasses the need for consumers to enter card numbers or billing information. With Visa Click to Pay, users can check […] - [Ten Institutions Select AKUVO in Q3 to Modernize Collections](https://thecreditunionconnection.com/ten-institutions-select-akuvo-in-q3-to-modernize-collections/): AKUVO announced the addition of 10 new customers in the third quarter of 2025. The firm’s continued growth represents the momentum of financial institutions modernizing their collections operations nationwide.  The latest institutions represent a combined $10 billion in assets. They include:  · Arkansas Federal Credit Union, headquartered in Little Rock, Ark., $2.8 billion in assets and more than 171,000 members;  · Cascade Federal Credit Union of Kent, Wash., with $341M in assets and serving 11,000 members;  · Centric Credit Union, a West Monroe, La.-based institution, $420M in assets, 37,000 members;  · Moline, Ill based Empeople Credit Union, with $2.1B in […] - [The Credit Union Connection and Solution Playground Collaborate to Support Credit Unions](https://thecreditunionconnection.com/why-credit-unions-need-to-rethink-partnerships-with-fresh-eyes/): Half the battle of being a credit union leader is finding the right partners The Credit Union Connection and Solution Playground, both mission-aligned organizations that serve the credit union movement and its business partners, haven entered a strategic partnership to help expand credit union leaders’ knowledge of their business partner options. The Credit Union Connection is the fastest growing educational and media outlet in the industry, reaching 22,000+ credit union professionals. From its branding to its chock-full career and events sections to advocacy and PR opportunities for credit unions, The Credit Union Connection lives to serve the credit union community […] - [America’s Credit Unions Makes Recommendations as CFPB Reconsiders Flawed Personal Financial Data Rights Rule](https://thecreditunionconnection.com/americas-credit-unions-makes-recommendations-as-cfpb-reconsiders-flawed-personal-financial-data-rights-rule/): America’s Credit Unions today submitted a comment letter to the CFPB as the agency seeks to significantly revise its Personal Financial Data Rights (PFDR) Rule. The association warned that, the previously finalized rule would impose disproportionate costs on community-based financial institutions, create unfair competitive advantages for large technology firms, and heighten risks for consumers’ personal financial data.  “We are encouraged by the CFPB’s attention to rectifying flawed assumptions in the PFDR Rule, which have contributed to an untenable expansion of section 1033. Safe and interoperable data exchange standards can help credit unions improve consumer experiences, but to achieve this outcome the CFPB must reexamine its prohibition on fees, the allocation of risk management responsibilities […] - [Hawaii State FCU Awards $97,500 In Scholarships To 20 Hawaii Students](https://thecreditunionconnection.com/hawaii-state-fcu-awards-97500-in-scholarships-to-20-hawaii-students/): Hawaii State Federal Credit Union (Hawaii State FCU) today announced the 20 recipients of its 2025 Hawaii State FCU Scholarship Program. Each student will receive a scholarship of up to $5,000, for a combined total of $97,500 to support tuition costs at accredited universities, colleges, or trade/vocational schools during the 2025–2026 academic year. “Education helps set the course for future success, and it’s important to us that Hawaii students have the support they need to pursue their goals,” said Andrew Rosen, president and CEO of Hawaii State FCU. “This year’s scholarship recipients embody the drive, talent, and resilience that will shape the future […] - [Conquest Planning Partners With Meridian Credit Union to Deliver AI-Powered, Personalized Financial Planning](https://thecreditunionconnection.com/conquest-planning-partners-with-meridian-credit-union-to-deliver-ai-powered-personalized-financial-planning/): Self-directed and advisor-led solutions empower Members to take greater control of their financial futures Conquest Planning Inc. (“Conquest”) announced a strategic partnership with Meridian Credit Union (“Meridian”), Canada’s second-largest credit union. Conquest Planning will play a key role in helping to enable Meridian’s OnYourWay, a new advice experience designed to help Members feel more confident about their money and their future. Through the partnership, all Meridian financial planners and investment advisors now have access to Conquest’s artificial intelligence (AI)-powered financial planning platform, enabling them to deliver highly personalized plans and deeper, more impactful advice to Members. As part of this initiative, Meridian has also launched […] - [PenFed Foundation for Military Heroes Raises Over $65,000 for Veterans at Inaugural Military Heroes Golf Classic in South Carolina](https://thecreditunionconnection.com/penfed-foundation-for-military-heroes-raises-over-65000-for-veterans-at-inaugural-military-heroes-golf-classic-in-south-carolina/): The PenFed Foundation for Military Heroes is proud to announce it raised over $65,000 to support veterans at the inaugural Military Heroes Golf Classic in South Carolina at The Golf Club in Briar’s Creek on John’s Island. “We are thrilled to have raised over $65,000 our first year hosting a golf classic in South Carolina and look forward to continuing to support our military heroes who have made profound sacrifices for our nation,” said PenFed Foundation for Military Heroes CEO James Schenck. “We are grateful for the support of Board Member John Flynn for hosting this incredible event.” Flynn is a seasoned entrepreneur and […] - [Atmos Financial and Clean Energy Credit Union Launch Atmos Clean Energy Solutions, a New CUSO Empowering Credit Unions to Lead in the Clean Energy Transition](https://thecreditunionconnection.com/atmos-financial-and-clean-energy-credit-union-launch-atmos-clean-energy-solutions-a-new-cuso-empowering-credit-unions-to-lead-in-the-clean-energy-transition/): Atmos Financial, PBC and Clean Energy Federal Credit Union announced the formation of Atmos Clean Energy Solutions, a newly registered Credit Union Service Organization (CUSO) dedicated to making clean energy lending easy and accessible for every credit union across the United States. Atmos Clean Energy Solutions provides credit unions with a turnkey, customizable platform to launch and scale clean energy lending programs that are efficient, cost-effective, and impactful. By combining Atmos Financial’s climate-fintech expertise with Clean Energy CU’s proven track record in mission-driven lending, the CUSO enables institutions of any size to enter the rapidly growing clean energy sector with confidence. Mission […] - [Toxic leadership behaviors are like invisible anchors holding organizations back ](https://thecreditunionconnection.com/toxic-leadership-behaviors-are-like-invisible-anchors-holding-organizations-back/): Laurie Maddalena, CEO, Envision Excellence They might not always be immediately noticeable, but their impact is undeniable – eroding trust, stifling innovation, and driving talented employees out the door.   Whether it’s a manager who micromanages every detail, a leader who avoids accountability, or a boss whose ego overshadows the team’s needs, these behaviors can create a ripple effect of negativity that damages morale and productivity. And while many toxic behaviors are overtly negative, such as micromanaging or being overly controlling, others may not seem harmful at first glance, but can be equally damaging—undermining trust, communication, and team cohesion over […] - [Greylock Boosts Access to Local Food Through Support of Berkshire Grown’s Mobile Farmers Market](https://thecreditunionconnection.com/greylock-boosts-access-to-local-food-through-support-of-berkshire-growns-mobile-farmers-market/): The Berkshires is synonymous with farm-to-table culture, yet more than a third of Berkshire County experiences some level of food insecurity, and many farmers struggle to sustain their livelihood.  In service of caring for the Berkshire community, Greylock Insurance Agency, along with partner Arbella Insurance Foundation and Greylock Federal Credit Union, has awarded a combined grant of $4,500 to Berkshire Grown to help fund the Berkshire Mobile Farmers Market. “Before you can think about insurance and other forms of financial health, you have to first meet your most vital needs, like feeding yourself and your family,” said Lori Goodell, Senior […] - [OneAZ Breaks Ground on Two New Branches](https://thecreditunionconnection.com/oneaz-breaks-ground-on-two-new-branches/): New branches highlight OneAZ’s commitment to growth, innovation, and building stronger communities across Arizona. OneAZ Credit Union has officially broken ground on its newest branches in Peoria and Surprise, marking an exciting milestone in the organization’s statewide growth. Designed in partnership with NewGround International, these innovative locations will serve as community hubs where Arizonans can connect, learn, and grow — far beyond traditional banking. “Breaking ground on these new branches represents more than growth, it’s a commitment to the future of our members and the communities we serve. We’re investing in spaces that are welcoming, innovative, and designed to empower […] - [First Capital Federal Credit Union Members Celebrate Member Benefit Day!](https://thecreditunionconnection.com/first-capital-federal-credit-union-members-celebrate-member-benefit-day/): On Thursday, October 16, 2025, First Capital Federal Credit Union celebrated International Credit Union Day and continued its CU Kind Day celebration with a special Member Benefit Day at its branches. Members were treated to free lunch, giveaways, and prize drawings! In addition, First Capital offered free shredding services at its West York office and helped members find over $20,000 in unclaimed property through the PA State Treasury.  “Member Benefit Day is all about showing our members how much we appreciate them,” said Tara Houser, SVP of Marketing. “It’s also a great way to show how we’re more than just […] - [LAFCU Heritage Fest Draws Hundreds to Celebrate Culture, Community in West Lansing](https://thecreditunionconnection.com/lafcu-heritage-fest-draws-hundreds-to-celebrate-culture-community-in-west-lansing/): Music, dance, food, and family fun brought hundreds together in late September at LAFCU’s headquarters for the credit union’s annual Heritage Fest, a free community event celebrating the rich cultural diversity of the Greater Lansing region.  Held at LAFCU’s headquarters in West Lansing, the festival featured performances by Worship Without Words dance group, Fantasia Ballet Folklorico, funk/R&B band The Love Effect, and entertainers including Jeff the Magician and Stilt Dance Project. Families also enjoyed bounce houses, an interactive Money Machine, and a video game truck.  An artifact table showcasing a variety of items including currency, garments, vases, and dishes from […] - [Affinity Federal Credit Union Volunteers Assemble Nearly 5,000 Meals During Annual Impact Day](https://thecreditunionconnection.com/affinity-federal-credit-union-volunteers-assemble-nearly-5000-meals-during-annual-impact-day/): Over 370 staff members partnered with New Jersey food rescue program to support local hunger relief efforts Affinity Federal Credit Union (“Affinity”) hosted its fourth annual Impact Day by partnering Table to Table, New Jersey’s first and largest food rescue organization, to provide nearly 5,000 meals to local families in need. Over 370 Affinity employees took part in the event at the credit union’s headquarters in Basking Ridge on Columbus Day/Indigenous People’s Day, October 14, when branches were closed. Employees made meals including sandwiches, snacks, water and wrote words of inspiration for recipients. The meals were distributed to 16 community non-profits across […] - [Appli Reaches One-Year Milestone with 10 Credit Union Partners and $1 Billion in Member Calculations](https://thecreditunionconnection.com/appli-reaches-one-year-milestone-with-10-credit-union-partners-and-1-billion-in-member-calculations/): AI-powered calculator platform achieves 15% average conversion rate, with some credit unions reaching 20%, as adoption accelerates across diverse institutions Appli today announced its one-year anniversary since launch, marking the milestone with 10 credit union partners and more than $1 billion in lending calculations alone, not including deposits and other products. The company’s smart calculator technology has achieved a 15% average conversion rate across all client institutions, with some credit unions reaching conversion rates as high as 20%. This performance demonstrates how AI-guided calculators can help credit unions turn website visitors into qualified loan applicants while gathering valuable intelligence about […] - [Mazuma Credit Union’s Annual Give Back Day Highlights Commitment to Community](https://thecreditunionconnection.com/mazuma-credit-unions-annual-give-back-day-highlights-commitment-to-community/): The organization is “Making Kansas City a Better Place to Live, Work, and Bank” Mazuma Credit Union held its annual Give Back Day, an organization-wide day of service to the Kansas City community, on Monday, October 13th. This year, nearly 200 Mazuma Team Members shared their time and effort with 9 local non-profits at 15 locations across the city.  Partner organizations receiving volunteer support during Give Back Day included YMCA of Greater Kansas City, the Kansas City Zoo & Aquarium, Heart of America Humane Society, KC Shepherd’s Center, Community LINC, Wayside Waifs, CASA of Johnson and Wyandotte Counties, Hilcrest Thrift […] - [Vantage West Partners with FHLBank San Francisco to Award Groundswell Capital, Pascua Yaqui Development Corporation, and Sahuarita Food Bank $150,000 AHEAD Program Grants](https://thecreditunionconnection.com/vantage-west-partners-with-fhlbank-san-francisco-to-award-groundswell-capital-pascua-yaqui-development-corporation-and-sahuarita-food-bank-150000-ahead-program-grants/): Vantage West Credit Union, in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), will deliver $150,000 AHEAD Program grants to Groundswell Capital, Pascua Yaqui Development Corporation, and Sahuarita Food Bank in support of their efforts to drive economic growth, enhance workforce development, and create equitable opportunities for underserved communities throughout Southern Arizona.  “Vantage West is committed to making a lasting impact in the communities we serve, and these AHEAD Program grants are a powerful way to drive meaningful change,” said Jon Bruflat, VP of Community Impact at Vantage West. “Together with our members and other […] - [Members First Credit Union Promotes Bethany Dutcher to Chief Marketing & Strategy Officer](https://thecreditunionconnection.com/members-first-credit-union-promotes-bethany-dutcher-to-chief-marketing-strategy-officer/): Members First Credit Union (M1) is proud to announce the appointment of Bethany Dutcher as its new chief marketing & strategy officer, effective immediately. Dutcher brings more than 20 years of credit union experience to the role. She previously served as vice president of marketing at Members First.  In her new position, Dutcher will oversee the credit union’s marketing, strategic planning, and brand development, guiding initiatives to ensure M1 continues to create meaningful impact for its members and Michigan communities.  During her time at M1, Dutcher has played a pivotal role in shaping the credit union’s growth and member experience, […] - [Filene Research Institute Partners with WOCCU to Release Groundbreaking Study on Housing Innovation for Credit Unions](https://thecreditunionconnection.com/filene-research-institute-partners-with-woccu-to-release-groundbreaking-study-on-housing-innovation-for-credit-unions/): Report focuses on overcoming barriers to provide housing solutions for members Filene Research Institute, in collaboration with World Council of Credit Unions, published a major new study in October examining how credit unions can play a more impactful role in addressing global housing challenges. The report, Meeting the Moment: How Credit Unions Are Tackling the Housing Shortage in Their Communities, highlights innovative strategies, barriers and opportunities that credit unions face in delivering affordable, accessible and sustainable housing solutions to their members in the United States. With housing affordability reaching crisis levels in many communities worldwide, the US-based study sheds light on how […] - [Beyond Politics: CDFIs Drive Growth and Inclusion Amid Political Turbulence](https://thecreditunionconnection.com/beyond-politics-cdfis-drive-growth-and-inclusion-amid-political-turbulence/): By Stacy Augustine, President, CU Strategic Planning On Oct. 10, 2025, CDFI Fund staff—most of whom were already furloughed—received Reduction in Force (RIF) notices, with a Dec. 13 deadline. While certainly cause for concern, I’m reminded of the words “DON’T PANIC” printed in large, friendly letters on the cover of the fictional Hitchhiker’s Guide to the Galaxy in the novel of the same name, meant to calm intergalactic travelers who might otherwise be overwhelmed by the vastness and chaos of space. And still, it’s easy to feel overwhelmed by the chaos of current politics. For the 444 CDFI credit unions that built strategies around […] - [Millennials Want to Pay Loans Like They Pay Friends: Are Credit Unions Listening?](https://thecreditunionconnection.com/millennials-want-to-pay-loans-like-they-pay-friends-are-credit-unions-listening/): Alisha Stair, CUDE, PayNearMe  Millennials have reshaped the way money moves. They split dinner bills through Venmo, send rent payments via PayPal and seamlessly handle other expenses with a few taps on their phone. Yet, when it comes to loan payments—one of their most important financial obligations—they’re forced back into an antiquated system that feels completely disconnected from their digital-first world. The stark reality facing credit unions is this: while baby boomers now represent 39% of credit union membership, Gen Z has stagnated at just 10% and millennials are actually losing ground as a share of membership. These digital natives expect their loan payments to […] - [DCUC and America's Credit Unions Submit Comments Ahead of “Innovation in U.S. Housing: Solutions and Policies for America’s Future” Hearing](https://thecreditunionconnection.com/dcuc-and-americas-credit-unions-submit-comments-ahead-of-innovation-in-u-s-housing-solutions-and-policies-for-americas-future-hearing/): On Monday, October 20, the Defense Credit Union Council (DCUC) sent a letter to the leadership of the Subcommittee on Housing, Transportation, and Community Development sharing its appreciation for the subcommittee’s attention to housing innovation as the nation faces an affordable housing crisis.  In the letter to Chair Katie Britt and Ranking Member Tina Smith, DCUC shared how the shortage of affordable homes greatly affects military families who move frequently and are often subject to high cost areas surrounding military bases. Basic Allowance for Housing (BAH) often fails to keep up with the fast-rising local market rents, leaving military families […] - [Gesa Credit Union Announces Recipients of 2025 Local Heroes Grant Program; Awarding More Than $528,000 in Donations](https://thecreditunionconnection.com/gesa-credit-union-announces-recipients-of-2025-local-heroes-grant-program-awarding-more-than-528000-in-donations/): Gesa is proud to announce the recipients of its 2025 Local Heroes Grant Program. This year marks a record-breaking milestone for Gesa, with more than half-a-million dollars in grants awarded to 52 organizations across the Pacific Northwest, marking its largest donation year yet.  Gesa’s Local Heroes Grant Program provides direct funding to organizations that support any of the Gesa’s outlined Local Heroes categories, including firefighters, law enforcement, educators, healthcare workers, and Veterans. This year’s recipients were selected by the Gesa Community Foundation selection committee.  Of the 52 organizations recognized through the Local Heroes Grant Program this year, 15 grants were […] - [Associated Credit Union Launches Federal Employee Relief Loan Program to Support Members Impacted by U.S. Government Shutdown](https://thecreditunionconnection.com/associated-credit-union-launches-federal-employee-relief-loan-program-to-support-members-impacted-by-u-s-government-shutdown/): As the nation endures one of the longest Federal government shutdowns in U.S. history, Associated Credit Union (ACU) is stepping up to assist its members impacted during this time. With thousands of federal employees furloughed and financial challenges rising, ACU has launched the Federal Employee Relief Loan Program, offering a below-market interest rate to provide immediate assistance to members in need during the shutdown “Our original membership at ACU was Federal employees, so we understand the impact the government shutdown has on them,” said ACU’s Chief Executive Officer, C. Lin Hodges. “We consider it an honor and a privilege to […] - [Affinity Plus Breaks Ground on New Albert Lea Branch Following Recent Merger](https://thecreditunionconnection.com/affinity-plus-breaks-ground-on-new-albert-lea-branch-following-recent-merger/): New $2.5 million branch enhances convenience, expands financial access and reinforces Affinity Plus’s commitment to serving the Albert Lea community Affinity Plus Federal Credit Union (Affinity Plus) is breaking ground on its new Albert Lea branch, marking the next milestone in its growing presence in southern Minnesota. The new branch, located at 1707 East Main Street, is scheduled to open in the summer of 2026 and will bring expanded, people-focused financial services to the Albert Lea community.  The groundbreaking follows Affinity Plus’s recent merger with City and County Employees Federal Credit Union (CCEFCU) of Albert Lea, which welcomed more than 1,600 local […] - [AlumniFi Becomes Official Partner of the Big East Conference](https://thecreditunionconnection.com/alumnifi-becomes-official-partner-of-the-big-east-conference/): New agreement will connect AlumniFi with BIG EAST fans, alumni, and students through game‑day integrations, media, and financial empowerment activations The BIG EAST Conference and AlumniFi, a digital banking brand powered by MSU Federal Credit Union (MSUFCU), today announced a three-year partnership brokered by Playfly Sports, the sports industry’s leading revenue maximization company. Starting this season, AlumniFi will be an official partner of the BIG EAST conference, engaging fans, alumni, and students across the league’s footprint. The partnership will also deliver strong visibility at the BIG EAST Women’s and Men’s Basketball Tournaments, highlighted by a month-long Out-of Home campaign in Midtown […] - [Purdue Federal Credit Union Honored For Financial Literacy And Community Impact](https://thecreditunionconnection.com/purdue-federal-credit-union-honored-for-financial-literacy-and-community-impact/): Purdue Federal Credit Union (Purdue Federal) has been honored by the Indiana Credit Union League with two prestigious awards. The recognition highlights Purdue Federal’s commitment to financial literacy and community impact. Purdue Federal received first place in the Alphonse Desjardins Award for Adult Financial Literacy and an honorable mention in the Dora Maxwell Social Responsibility Community Service Award, both in the $1 billion-plus asset category.  The Desjardins Award highlights credit unions making a measurable difference in adult financial education. Purdue Federal earned first place for its Financial Empowerment program, which takes a multi-faceted approach to building financial confidence and stability. […] - [Climb Credit Union and Community Choice Credit Union Announce Intent to Merge](https://thecreditunionconnection.com/climb-credit-union-and-community-choice-credit-union-announce-intent-to-merge/): Climb Credit Union and Community Choice Credit Union have announced plans to merge, pending member approval. The proposed merger brings together two long-standing Colorado credit unions that share a strong commitment to service, community, and helping members reach their financial goals. Under the proposed merger, the combined organization will operate as Climb Credit Union and continue to be led by Climb President/CEO Carrie Langgard. The partnership would expand access to products, services, and branch locations, while maintaining the personalized service members have come to trust. “Our teams have always prioritized people first,” said Langgard. “By joining forces with Community Choice, […] - [First Harvest Credit Union Celebrates Grand Opening of New Camden County Location](https://thecreditunionconnection.com/first-harvest-credit-union-celebrates-grand-opening-of-new-camden-county-location/): New Voorhees Branch Offers Drive-Thru Access and $4,500 in Community Givebacks First Harvest Credit Union (“First Harvest”) is officially celebrating the grand opening of its newest full-service branch, located at 6 Haddonfield-Berlin Road in Voorhees, on the border of Voorhees and Cherry Hill Townships. This new location features drive-thru access and expanded member services. Grand Opening Celebration Details: What: First Harvest Credit Union’s Voorhees Grand Opening CelebrationWhen: Tuesday, October 21, 2025 from 2:30 PM to 4:00 PMWhere: 6 Haddonfield-Berlin Road in VoorheesWhy: Celebrate the relocation of the Voorhees Branch and $4,500 in community givebacks The open house event will feature several member and community […] - [North Island Credit Union Hosts San Diego Celebration of International Credit Union Day® ](https://thecreditunionconnection.com/north-island-credit-union-hosts-san-diego-celebration-of-international-credit-union-day/): Elected Officials, San Diego Credit Unions, Community Leaders & Members Join Celebration to Commemorate Credit Union Impact On October 16, 2025, North Island Credit Union joined credit unions around the world to celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This year marks the 77th anniversary of this annual event, which was celebrated worldwide under the theme “Cooperation for a Prosperous World.”  North Island Credit Union marked the event with a special celebration at its San Diego headquarters office. Credit union members, fellow San Diego credit unions and local elected officials […] - [Consumers Credit Union Celebrates Ribbon Cutting at Galesburg Office](https://thecreditunionconnection.com/consumers-credit-union-celebrates-ribbon-cutting-at-galesburg-office/): Consumers Credit Union celebrated the official ribbon cutting of its new Galesburg office (84 West Michigan Avenue) on Wednesday, October 15, marking a meaningful milestone in the credit union’s continued commitment to serving members across West Michigan. The event welcomed community members, Consumers team members and local partners to commemorate the opening of the office. Guests enjoyed festive décor from Jazzy’s Decorations and treats. “We’re excited to officially open our doors in Galesburg,” said Scott Sylvester, Consumers president and CEO. “This office fills a gap in local banking access and reflects our commitment to meeting the needs of communities where […] - [BHFCU Employees Fight Hunger in Q3](https://thecreditunionconnection.com/bhfcu-employees-fight-hunger-in-q3/): Black Hills Federal Credit Union (BHFCU) believes in supporting the passions of its employees. So much so that this year, they’re matching dollar-for-dollar the funds raised by the Community Action Team, an employee-led charitable giving program. In the third quarter, the BHFCU team focused its efforts on fighting hunger through its Spread the Love Food Drive.  Let’s not bury the lead. Once again, the BHFCU team has shown what collective effort can achieve. Here’s a glimpse of the incredible impact BHFCU employees made in Q3.  – 16 non-profits supported  – 490 jars of PB&J gathered  – 978 non-perishable staples collected  […] - [Financial Center Builds Global Bridges Through International Credit Union Collaboration](https://thecreditunionconnection.com/financial-center-builds-global-bridges-through-international-credit-union-collaboration/): This week, Financial Center Interim President and CEO Kevin Ryan is on the ground in Poland, taking part in the Worldwide Foundation for Credit Unions’ Global Bridges Study Tour – a hands-on, cross-cultural collaboration designed to strengthen the global credit union movement. Ryan joins representatives from the United States, Ireland, and Ukraine in meeting with Poland’s National Association of Cooperative Savings and Credit Unions (NACSCU) and Kasa Stefczyka, the country’s largest credit union. Together, the group is exchanging strategies on open banking, regulatory partnerships, and how cooperatives can support displaced populations – including Ukrainian refugees. As part of the agenda, […] - [The Kids-N-Hope Foundation’s 30th Annual Golf Classic Achieves Record High Attendance and Raises Over $162,000](https://thecreditunionconnection.com/the-kids-n-hope-foundations-30th-annual-golf-classic-achieves-record-high-attendance-and-raises-over-162000/): Fundraising Efforts Support Pediatric Music Therapy Program and Children’s Health and Life Services The Kids-N-Hope Foundation (“The Foundation”) raised over $162,000 during its 30th annual Golf Classic event at Huntingdon Valley Country Club. The annual golf outing serves as one of the signature fundraising and recognition events for The Foundation to support music therapy programs and other child life services. Presenting Sponsors of the 2025 outing included ADVANTAGE powered by JMFA, Mid-Atlantic Property Maintenance, Shields Business Solutions, Stifel, and Alacriti. A record total of 170 golfers participated and enjoyed friendly competitions in various skills contests, which awarded winners in the Longest […] - [Eglin Federal Credit Union Celebrates Habitat for Humanity Okaloosa Home Dedications](https://thecreditunionconnection.com/eglin-federal-credit-union-celebrates-habitat-for-humanity-okaloosa-home-dedications/): Eglin Federal Credit Union proudly participated in the dedication ceremony for Habitat for Humanity’s 74th and 75th new home builds in Okaloosa County. As a financial partner in the construction of both homes located in Crestview, Eglin FCU was honored to support this meaningful initiative.  The recipient of the 74th home was Samarian Thrift, a full-time mother and caregiver to a child with special needs. The 74th home is the first ADA home built by Habitat for Humanity Okaloosa, while the milestone 75th home was presented to one of Eglin FCU’s own — Card Services Representative Kassandra Hatten.  “There are over 7,000 […] - [NCUA Announces Public Budget Hearing](https://thecreditunionconnection.com/ncua-announces-public-budget-hearing/): Agency Requests Comments about Draft Budget The National Credit Union Administration has scheduled a public hearing on its staff draft budget for 2026-2027. The public hearing will be held on November 6, 2025, at 1:00 p.m. Eastern at NCUA headquarters in Alexandria, Virgina. NCUA also noticed the budget hearing in the Federal Register. The NCUA published the 2026–2027 staff draft budget in the Federal Register on September 29, 2025. The deadline for written comments on the staff draft budget has been extended until November 7, 2025. The proposed budget can be found on the Budget and Supplementary Materials page on NCUA’s website. The public […] - [New Orleans Firemen’s Federal Credit Union Named Finalist in Global Impact Awards](https://thecreditunionconnection.com/new-orleans-firemens-federal-credit-union-named-finalist-in-global-impact-awards/): Credit union up for three accolades at the 5th Anthem Awards, honoring mission-driven organizations worldwide. New Orleans Firemen’s Federal Credit Union (NOFFCU) announced today that it has been named a finalist in multiple categories of the annual Anthem Awards—an event that honors the impact of mission-driven organizations worldwide. The credit union is up for three awards: two for product innovation, and another for community engagement. Winners are selected by the International Academy of Digital Arts and Sciences, in addition to a separate public vote which is open now. “Recognition like this is less about winning awards, and more about highlighting […] - [NCUA Proposed Rulemaking Takes Further Action to Solidify Removal of Use of Reputation Risk](https://thecreditunionconnection.com/ncua-proposed-rulemaking-takes-further-action-to-solidify-removal-of-use-of-reputation-risk/): Reputation Risk Proposed Rule Submitted to Federal Register Today the National Credit Union Administration (NCUA) issued a notice of proposed rulemaking to codify the elimination of reputation risk from its supervisory program. The agency previously announced it ceased using reputation risk and equivalent concepts in the examination and supervisory process. The proposed rule would also prohibit NCUA from instructing credit unions to close accounts, refrain from providing, or altogether terminating products and services on the basis of a person or entity’s protected class or political views. NCUA has determined that assessing reputation risk is subjective, ambiguous, and lacking in measurable criteria. The […] - [The Hidden Cost Of Clarity Gaps](https://thecreditunionconnection.com/the-hidden-cost-of-clarity-gaps/): We’re in the middle of a bathroom remodel. This one crept up on us as we watched the space between the floor and the door get wider—and somehow go slanted. The cracking floor tiles and chunks of grout popping out every few months were just more signs that something underneath was undone. As the demo began, each broken floor tile revealed some interesting flooring choices over the house’s 80-year history… and even more interesting plumbing. Then we found the culprit: a slow leak. Not from the nice, clean water side of the plumbing, but the side you want as far […] - [CD Valet Shares October CD APY Checkpoint, Enabling Savers to Easily Market Test their CD Returns](https://thecreditunionconnection.com/cd-valet-shares-october-cd-apy-checkpoint-enabling-savers-to-easily-market-test-their-cd-returns/): CD Valet is a digital marketplace that connects consumers with the best CD rates and terms nationwide. The company today shared its October APY Checkpoint, a real-time tool that helps consumers instantly see how their Certificate of Deposit (CD) rate stacks up against the market. The October analysis revealed that as of 10/16/2025, rates of 4.00%+ APY are among the top 10 percent of highest yielding CDs for 12-month terms. “Savers settling for anything less than 4.00% Annual Percentage Yield (APY) on new 12-month CDs are leaving money on the table,” said Mary Grace Roske, Head of Marketing & Communications at […] - [Financial Plus Credit Union Announces Winner of 2025 Visibility Project Contest](https://thecreditunionconnection.com/financial-plus-credit-union-announces-winner-of-2025-visibility-project-contest/): Financial Plus Credit Union is excited to announce New Dimensions as the winner of the third edition of TheVisibility Project contest. New Dimensions will receive four weeks of free billboard advertising and up to $2,000 inpromotional items for their business courtesy of Financial Plus. “We’re proud to continue The Visibility Project, celebrating and elevating the work of local businesses,” said Cevannah Scott, Talent and Inclusion Partner at Financial Plus Credit Union. “Receiving more than 50 applications this year is a testament to the many small business owners making a meaningful impact in our community and their eagerness to grow. We’re excited to partner with New Dimensions to share their mission and storywith a wider audience. The Visibility Project underwent a thorough selection process, carried out by a committee of Financial Plus team members, who selected the recipients. The winners will meet with Financial Plus’s marketing team for a brandstrategy session to discuss turning their vision into a billboard. New Dimensions is a nonprofit […] - [How Instant Payments Are Changing the Game for Credit Unions](https://thecreditunionconnection.com/instant-payment-fednow-rtp-credit-unions/): Many credit union leaders’ heads are spinning trying to keep pace with the rapidly evolving payments solutions. On the latest episode of The Credit Union Connection, Sarah Snell Cooke sat down with Tim Rozanski, Co-Founder and Senior Vice President of Sales at Pidgin, and Trey Ragland, Product Development Director at Corporate America Credit Union, to talk about how instant payments are reshaping competition, risk and member expectations. Faster payments aren’t just a technology upgrade but a means of meeting modern consumers where they are. Trey coined “the fight to remain relevant,” noting that younger generations won’t hesitate to leave if […] - [Hawaii State FCU Awards $23,000 In Grants To Support Hawaii’s Public School Classrooms Ahead Of New School Year](https://thecreditunionconnection.com/hawaii-state-fcu-awards-23000-in-grants-to-support-hawaiis-public-school-classrooms-ahead-of-new-school-year/): In support of the upcoming school year, Hawaii State Federal Credit Union (Hawaii State FCU) today announced it has awarded $23,000 in grants to 47 public school teachers statewide through its 2025 Investing in Education grant program. The grants, each up to $500, will help teachers purchase essential classroom supplies and fund educational projects that enhance student learning. “Supporting education is one of the most meaningful ways we can invest in the future of our communities.” said Del Mochizuki, senior vice president and chief of staff at Hawaii State FCU. “Public school teachers give so much of themselves to create bright futures for their students, often […] - [Hawaii State FCU Employees Volunteer More Than 760 Hours For Second Annual Cares Day](https://thecreditunionconnection.com/hawaii-state-fcu-employees-volunteer-more-than-760-hours-for-second-annual-cares-day/): Hawaii State Federal Credit Union (Hawaii State FCU) celebrated its second annual HSFCU Cares Day on Monday, October 13, 2025, as part of International Credit Union Week and held on Indigenous Peoples’ Day. All Hawaii State FCU branches, call center, and corporate offices were closed for a companywide day of community service. More than 250 employees contributed more than 760 volunteer hours at eight local nonprofit organizations on Oahu and one on Maui. “HSFCU Cares Day reflects who we are as an organization and the values that guide us,” said Andrew Rosen, president and CEO of Hawaii State FCU. “Our employees understand the […] - [Grand Rapids Gold and AlumniFi Announce Jersey Partnership and Community-Driven Collaboration](https://thecreditunionconnection.com/grand-rapids-gold-and-alumnifi-announce-jersey-partnership-and-community-driven-collaboration/): The Grand Rapids Gold, the NBA G League affiliate of the Denver Nuggets, and AlumniFi, a digital banking brand powered by MSU Federal Credit Union (MSUFCU), announced a new partnership that will make AlumniFi the official home jersey sponsor of the Gold for the 2025-2026 season. The partnership will feature AlumniFi’s logo on all home jerseys, debuting at the team’s home opener at Van Andel Arena on Friday, Nov. 7. Beyond the jersey presence, the partnership will focus on impactful community initiatives, financial education programming, and engagement opportunities for fans throughout West Michigan. “This partnership with AlumniFi is about more […] - [US Consumer, Commercial Bankruptcy Filings Show September Increases](https://thecreditunionconnection.com/us-consumer-commercial-bankruptcy-filings-show-september-increases/): After a brief August dip, September filings increased 2.2% for consumers and more than 12% for businesses Following a slight decline in August, new monthly bankruptcy data from G2 Risk Solutions (G2RS) shows consumer bankruptcy filings in September 2025 increased 2.2% over August, reaching 47,950 for the month. Commercial filings increased more than 12% in September, for a monthly total of 1,174. G2RS monitors all bankruptcy filings nationwide. Compared to September 2024, consumer filings are up a significant 15.7% year-over-year (YoY). For 2025 to-date, consumer filings are up 10.7% over 2024. Commercial filings increased by 12.45% from August 2025, and 4.17% over September 2024. […] - [Travis Credit Union Celebrates International Credit Union Day with a Legacy of Local Impact](https://thecreditunionconnection.com/travis-credit-union-celebrates-international-credit-union-day-with-a-legacy-of-local-impact/): Organization will also offer a Member Giveaway as part of Member Appreciation Event In recognition of International Credit Union Day on October 16, Travis Credit Union (TCU) is celebrating its transformational member impact, improving lives through access to financial services, education, and community resources. With nearly 75 years of service in Northern California, TCU, recently recognized as a 2025 Great Place to Work®, continues to deliver personalized, value-driven banking that puts people over profit.  Unlike big banks, credit unions prioritize community-focused initiatives and serving members, rather than generating profit. In the past year alone, Travis Credit Union has lifted up […] - [People's Credit Union Earns Honorable Mention by League of American Bicyclists Recognized for Efforts to Encourage a More Bike Friendly Community](https://thecreditunionconnection.com/peoples-credit-union-earns-honorable-mention-by-league-of-american-bicyclists-recognized-for-efforts-to-encourage-a-more-bike-friendly-community/): People’s Credit Union has received the designation of Honorable Mention by the League of American Bicyclists’ Bicycle Friendly Business (BFB) program, one of only three businesses across the United States to earn that honor in the League’s latest application review. The League recognizes BFBs for their efforts through an award system based on five essential elements: engineering, education, encouragement, evaluation & planning, and equity, accessibility & inclusion. “Earning an Honorable Mention designation by the League of American Bicyclists is a reflection of our ongoing commitment to creating a more bicycle friendly community,” said Sean Daly, Head of People’s Credit Union. “On Aquidneck Island, […] - [ASA Live for Sharetec Credit Unions, Shaping the Future of Securely Connected Finance  ](https://thecreditunionconnection.com/asa-live-for-sharetec-credit-unions-shaping-the-future-of-securely-connected-finance/): With ASA, credit unions can easily offer the latest innovative technology while providing unprecedented financial empowerment options to members ASA today announced that it is now seamlessly embedded into Sharetec’s On-the-Go mobile banking platform as a standard feature for the company’s nearly 300 credit unions, representing 1.5 million members, with launches already started. This will enable credit unions to drive engagement, loyalty, and revenue.   ASA’s connected finance solution allows Sharetec credit unions to easily and cost-effectively offer a marketplace of vetted fintech products and tools directly from their digital banking experiences. Because all member data is tokenized and anonymized before […] - [Addition Financial Credit Union Expands Partnership with Leon County Schools](https://thecreditunionconnection.com/addition-financial-credit-union-expands-partnership-with-leon-county-schools/): Addition Financial Credit Union is proud to announce the expansion of its partnership with Leon County Schools, building on the strong foundation established through its recent merger with Envision Credit Union. Leon County Schools will join Addition Financial’s popular School District Debit Card Program with the launch of a co-branded Leon County Schools debit card in early 2026. Through this program, Addition Financial will donate three cents to the Foundation for Leon County Schools for every transaction made with the card, providing a direct benefit to schools across the district. With Leon County Schools’ participation, the district becomes the fourth […] - [Monit Expands Partnership with Q2 to Help Financial Institutions Unlock SMB Growth with Data-Driven, Actionable Intelligence](https://thecreditunionconnection.com/monit-expands-partnership-with-q2-to-help-financial-institutions-unlock-smb-growth-with-data-driven-actionable-intelligence/): Monit and Q2 Holdings, Inc. (NYSE: QTWO) today announced the expansion of their integration and partnership. As a newly designated Q2 Strategic Alliance partner, Monit will now be offered through Q2’s sales organization, enabling more banks and credit unions to equip small- and mid-sized businesses (SMB) with tools providing clarity to business owners and actionable intelligence for bankers. Through the expanded partnership, financial institutions using Q2’s best-in-class digital banking platform can access Monit’s innovative “digital CFO” tools and analytics capabilities through a simplified, rapid-deployment model, helping banks and credit unions identify high-value cross-sell opportunities and deliver differentiated SMB experiences. Among […] - [TopLine Financial Credit Union Participates in Its 9th Statewide Day of Kindness](https://thecreditunionconnection.com/topline-financial-credit-union-participates-in-its-9th-statewide-day-of-kindness/): Minnesota credit unions joined forces to spread kindness across the state on Monday, October 13. TopLine Financial Credit Union was one of the 50 credit unions and partner organizations across the state of Minnesota who participated in an orchestrated day, called CU Forward Day. A state-wide initiative of over 3,000+ credit union employees, members and partners coming together to do one simple thing – spread kindness and encourage others to do the same. TopLine has been participating in this collaborative credit union event since 2016, referred to as “CU Forward Day,” which is coordinated by the Minnesota Credit Union Network (MnCUN), […] - [The Velera Payments Index: October 2025](https://thecreditunionconnection.com/the-velera-payments-index-october-2025/): Today, Velera published the October edition of the Velera Payments Index, focusing on quarterly metrics update, which includes credit card balances, delinquencies and mobile wallet activity: In September, consumer spending growth remained consistent despite subdued consumer sentiment. At the time of publication, the federal government has been shut down since Oct. 1, impacting roughly 750,000 employees who are either furloughed or deemed “essential workers” required to work without pay. Government reporting on various economic indicators, job growth, unemployment and inflation is paused until those workers return to work.  The October 2025 University of Michigan Index of Consumer Sentiment remains virtually unchanged from September, with a slight decrease from […] - [Defense Credit Union Council (DCUC) and Aries Fraud Solutions Announce Official Partnership & Incentive](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-and-aries-fraud-solutions-announce-official-partnership-incentive/): Advancing Credit Unions’ Card Security and Fraud Prevention Technology The Defense Credit Union Council (DCUC) and Aries Fraud Solutions are proud to announce a new partnership aimed at enhancing card security, reducing fraud, and delivering innovative tools and resources to credit unions nationwide. The announcement was made last week during the 2025 DCUC Midwest Subcouncil Conference in Oklahoma City, OK, by Lon Varns, Aries Fraud Solutions President/CEO, and DCUC President/CEO Anthony Hernandez. “We’re proud to partner with DCUC in bringing next-generation fraud prevention to credit unions nationwide,” said Varns. “Our mission is to make card security stronger and simpler, empowering credit unions […] - [Three Credit Unions Announce Promotions; Indiana Credit Union League Names Board Officers for 2025-2026](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-indiana-credit-union-league-names-board-officers-for-2025-2026/): Three credit unions, including People’s Credit Union and Tinker Federal Credit Union, announced promotions within their organizations, and the Indiana Credit Union League held the election for its Board Officers at the Indiana League Convention. New Hires: Promotions: Appointments: - [Penta Research Confirms America's Credit Unions' Strong Influence in Washington](https://thecreditunionconnection.com/penta-research-confirms-americas-credit-unions-strong-influence-in-washington/): America’s Credit Unions is the credit union industry’s leading voice in Washington—representing 95% of the industry’s assets, recognized as one of the most influential trade associations by policymakers, and prioritizing issues that credit unions care about most. “America’s Credit Unions was created to put credit union priorities first and use our influence to inform policymakers of the critical role credit unions have on American’s financial security. Recent research by the Penta Group affirms these principles, showing that through championing grassroots voices, compelling storytelling, and rigorous data, America’s Credit Unions is the most trusted credit union trade association in Washington. Driven […] - [RTP® Network Sets New Single-Day Record with 1.8 Million Transactions](https://thecreditunionconnection.com/rtp-network-sets-new-single-day-record-with-1-8-million-transactions/): Instant payments usage continues to accelerate in the United States as the RTP® network, the nation’s largest instant payments system operated by The Clearing House, set a new single-day record, processing 1,808,967 transactions valued at $5.2 billion. The milestone, reached on October 3, reflects the growing adoption of instant payments by financial institutions, businesses, and consumers who are seeking faster, more reliable money movement. The record-setting day follows a year of sustained growth for the RTP network, which now averages more than 1.3 million payments daily and continues to expand both in reach and transaction value. “Seeing 1.8 million payments in a single day underscores the momentum we’re seeing across the […] - [Financial Plus Credit Union and Hurley Foundation to Host Annual Pink Night Palooza Fundraiser Benefiting Local Cancer Patients](https://thecreditunionconnection.com/financial-plus-credit-union-and-hurley-foundation-to-host-annual-pink-night-palooza-fundraiser-benefiting-local-cancer-patients/): Financial Plus Credit Union and the Hurley Foundation, co-founders of Pink Night Palooza, invite the community to dust off their cowboy boots and join them for the area’s most hopeful fundraiser on Wednesday, October 29th from 6:00 p.m. – 9:00 p.m. at the Flint Farmers’ Market in downtown Flint. This year’s theme, “Give Cancer the Boot,” promises an unforgettable evening filled with country flair, live entertainment, and heartfelt purpose—all in support of local breast cancer patients, with the Erik Jones Foundation serving as the Title Sponsor. Attendees can look forward to a bra-artistry fashion show, a live auction led by Sheriff Chris Swanson, Tarnesa Martin, […] - [BAFS Closes Third Quarter with Strong Growth, Increased Loan Reviews, and Enhanced Platform Performance](https://thecreditunionconnection.com/bafs-closes-third-quarter-with-strong-growth-increased-loan-reviews-and-enhanced-platform-performance/): Business Alliance Financial Services (BAFS) today announced a strong third quarter (Q3) marked by rising adoption of its BLAST® platform, expanded client engagement, and increased loan review volumes. The company’s results underscore its strategic focus on helping community financial institutions enhance portfolio management and optimize commercial lending outcomes. BAFS revenue associated with its Quality Control and Document Administration services increased by 25% year-to-date (YTD) in 2025 compared to 2024, reflecting lenders’ growing focus on accurate and complete loan closings and collateral perfection. Additionally, annual loan reviews for individual commercial loans rose by 20% YTD, signaling that financial institutions are prioritizing […] - [Garden Savings Federal Credit Union Celebrates Successful Grand Re-Opening Of Sayreville Branch](https://thecreditunionconnection.com/garden-savings-federal-credit-union-celebrates-successful-grand-re-opening-of-sayreville-branch/): Garden Savings Federal Credit Union is excited to announce the successful grand opening of its Sayreville branch, which took place this past Saturday. The event brought together local community leaders, credit union staff, and valued members, marking a significant milestone for the organization as it continues to strengthen its commitment to serving the community. The grand opening celebration featured the participation of Sayreville Mayor Kennedy O’Brien, who expressed his support for the credit union’s efforts. Mike Powers, CEO and President of Garden Savings FCU, shared his enthusiasm for the revitalized branch, stating, “We are excited to reinvigorate our presence in […] - [Westerra Credit Union Appoints Chief Information Officer, Greg Glawson](https://thecreditunionconnection.com/westerra-credit-union-appoints-chief-information-officer-greg-glawson/): Making a thoughtful addition to its C-suite, Westerra Credit Union (Westerra) welcomed Greg Glawson as chief information officer (CIO) this month. Glawson will collaborate with each level of Westerra’s team to enhance the credit union’s member and employee services. Leading enterprise-wide initiatives, Glawson will be responsible for sharpening Westerra’s focus, prioritizing efficiency and delivering meaningful results. “Greg has an extensive background in the credit union sector with an innate ability to translate complex technology into real-world outcomes,” said Todd Marksberry, president and CEO of Westerra. “His leadership will ensure our technology platforms are stable, scalable and aligned with our strategy, so every […] - [Vizo Financial Employees Unite to Support Community During 2025 Day of Service](https://thecreditunionconnection.com/vizo-financial-employees-unite-to-support-community-during-2025-day-of-service/): Vizo Financial Corporate Credit Union showed up in support of the community for its annual Day of Service on October 13, 2025. Each year in the fall, employees of the Corporate unite for the Day of Service by volunteering at several organizations throughout Central Pennsylvania, Pittsburgh, Pa., Greensboro, N.C., and Columbia, S.C.  The Day of Service is an annual event that Vizo Financial launched in 2019. This year, a total of 112 Vizo Financial staff members, along with family members and friends, participated in this meaningful, community-focused event. Volunteers helped with organizing donated items, serving meals, packaging meal kits, crafting […] - [GoWest MAXX Opens in Portland](https://thecreditunionconnection.com/gowest-maxx-opens-in-portland/): One of the largest credit union events brings together professionals, exhibitors, and dynamic thought leaders Credit union professionals from Alaska, Arizona, California, Colorado, Idaho, Indiana, Michigan, Oregon, South Dakota, Utah, Washington, Wyoming, and New Zealand are gathering in Portland for MAXX 2025. This signature event features more than 70 speakers, 50+ content sessions, 190 companies at the GoWest Solutions Marketplace, renowned keynotes, a Credit Unions for Kids charitable auction, the GoWest Awards Dinner and Gala, and tons of exciting new and interactive ways to engage with peers and grow leaders throughout the six state GoWest region and industry.  Importantly, MAXX […] - [Turning Privacy into a Member Loyalty Superpower](https://thecreditunionconnection.com/turning-privacy-into-a-member-loyalty-superpower/): Members expect relevance. Regulators demand restraint. Credit unions that master both will define the next decade of member loyalty. By Preetha Pulusani, DeepTarget, Inc. Credit unions face a critical paradox: members demand personalized experiences, yet they’re increasingly protective of their financial data. Qualtrics’ 2025 global study shows 64% of consumers prefer tailored experiences, while 53% are extremely concerned about privacy. For financial data specifically, only 12% feel comfortable with institutions using it for personalization. Most credit unions are getting this balance wrong. Many retreat to generic communications that achieve abysmal response rates, while personalized communications deliver six times higher transaction rates. But push too far […] - [JRF Consulting Grows Its Impact as Julie Ferguson Welcomes Industry Leader Deliana Gamez](https://thecreditunionconnection.com/jrf-consulting-grows-its-impact-as-julie-ferguson-welcomes-industry-leader-deliana-gamez/): After 16 years of leading JRF Consulting and BD NOW as a solo venture, Julie Ferguson is thrilled to announce that Deliana Gamez has joined as an Affiliate Consultant.  Ferguson and Gamez first met a decade ago when Ferguson was consulting on a business development project with CAFCU and Gamez had just joined the credit union’s business development team. “From that very first conversation, I knew she had incredible potential,” said Ferguson. “Since then, I’ve had the privilege of watching her career take off—building national partnerships at BCU, contributing her data-driven insights and passion for business development at CU Collaborate, […] - [Gesa Credit Union Closes Branches to Serve Communities on Annual Day of Service](https://thecreditunionconnection.com/gesa-credit-union-closes-branches-to-serve-communities-on-annual-day-of-service/): Gesa marked its fourth annual Day of Service with one of its largest volunteer efforts to date. On Indigenous Peoples’ Day, October 13, Gesa closed the majority of its branches so that more than 490 team members could step out of the office and into their local communities. This year, more than 70 organizations across the Pacific Northwest benefited from their efforts. Gesa team members dedicated 2,177 hours volunteering at a wide range of organizations and nonprofits across Washington, Idaho and Oregon. Their efforts supported food banks like Northwest Harvest and the Oregon Food Bank, youth programs such as the […] - [Redwood Credit Union Inspires Hope by Supporting Foster Youth](https://thecreditunionconnection.com/redwood-credit-union-inspires-hope-by-supporting-foster-youth/): Day of Impact continues a legacy of compassion and service On Monday, October 13, while most financial institutions observed a federal holiday, RCU continued its tradition of dedicating the day to making meaningful change through its biennial Day of Impact. This year, RCU partnered with Foster Love, with about 1,000 RCU employees assembling nearly 4,000 care bags and birthday boxes – enough for every foster youth in San Francisco and the North Bay counties RCU serves. “We are passionate about advancing meaningful and sustainable change to ensure current and future generations are strong, resilient, and continue to thrive,” said Brett […] - [A Simple Post. A Big Impact. Acumen Financial Advantage and Credit Unions for Kids Partner to launch #BrightFutures4Kids](https://thecreditunionconnection.com/a-simple-post-a-big-impact-acumen-financial-advantage-and-credit-unions-for-kids-partner-to-launch-brightfutures4kids/): Year-Long Initiative to Support Children’s Miracle Network Hospitals A simple selfie can spark powerful change. That’s the bright idea behind #BrightFutures4Kids, a new national initiative from Acumen Financial Advantage and Credit Unions for Kids (CU4Kids), benefiting Children’s Miracle Network Hospitals (CMN Hospitals). The initiative invites credit union professionals and supporters nationwide to post a selfie on LinkedIn using the hashtag #BrightFutures4Kids. For each post, Acumen will donate $10 to CMN Hospitals through CU4Kids—up to a total of $10,000. “This initiative shows how small actions can lead to a big impact,” said Samantha Paxson, Chief Growth Officer at Acumen Financial Advantage. “We’re proud to partner with CU4Kids to help […] - [United Federal Credit Union Surprises Two Science Teachers with $500 Classroom Makeovers](https://thecreditunionconnection.com/united-federal-credit-union-surprises-two-science-teachers-with-500-classroom-makeovers/): As classrooms buzzed back to life this fall, United Federal Credit Union (United) helped two northwest Arkansas science teachers kick off the school year with a surprise that sparked joy and possibility.   Through its annual 2025 Home Room Makeover Sweepstakes, United’s Springdale and Rogers branches awarded $500 Visa gift cards to two deserving educators: Erin DeLeeuw of Archer Learning Center in Springdale and Karley Reynolds of Birch Kirksey Middle School in Rogers. “We know how important our teachers are in our communities. United is proud to support two outstanding educators in northwest Arkansas,” said Stephanie Riffle, Arkansas Market Vice President. […] - [‘Spanish for Bankers’ Helps Greylock Better Serve the Berkshires Community](https://thecreditunionconnection.com/spanish-for-bankers-helps-greylock-better-serve-the-berkshires-community/): At Greylock, “cultural accessibility” isn’t just an on-trend catchphrase – it’s an actionable idea integral to Greylock’s values of care, educate, and inspire – and that’s exactly what Jeff Lowenstein at Greylock’s Community Empowerment Center hopes to accomplish with Spanish for Bankers. “When you better understand your members, you’re better able to serve them. Spanish for Bankers gives our employees fundamental basics for simple interactions while also taking a deeper dive into Hispanic and Latin cultures,” said Lowenstein. “It’s been really successful.” Early in 2026, Greylock will offer its fifth cohort of Spanish for Bankers, a free class offered to all Greylock employees who wish to gain and improve Spanish […] - [First Capital FCU Volunteers at York County Food Bank During Employee Enrichment Day!](https://thecreditunionconnection.com/first-capital-fcu-volunteers-at-york-county-food-bank-during-employee-enrichment-day/): On Monday, October 13, 2025, First Capital Federal Credit Union employees took part in Employee Enrichment Day. The day kicked off at the York County Food Bank, where employees worked together in an assembly line to put together boxes of food to help feed those in need in our community.  “This is always a great day for staff to give back to the community,” said Tara Houser Minetos, SVP of Marketing. “But it also ended up being a great team building exercise because everyone’s job no matter how big or small was essential to keeping the line moving efficiently.” First […] - [Velera’s 2025 Eye on Payments Study Reveals Consumers Want It All: Choice, Convenience and Confidence](https://thecreditunionconnection.com/veleras-2025-eye-on-payments-study-reveals-consumers-want-it-all-choice-convenience-and-confidence/): Velera today announced the release of its 2025 Eye on Payments study. Now in its eighth year, the annual report reveals how consumer payment preferences and behaviors are evolving in response to economic conditions, shifts in consumer spending patterns and the rapid rise of digital innovation. Today’s consumers have more ways to pay than ever – and they’re using nearly all of them. From cards and cash to digital wallets, peer-to-peer (P2P) and Buy Now, Pay Later (BNPL) options, credit union members and bank customers are moving fluidly across the full payment spectrum in search of convenience, confidence and control. While spending has remained […] - [Members First Credit Union Helping To Create Thriving Communities in Michigan](https://thecreditunionconnection.com/members-first-credit-union-helping-to-create-thriving-communities-in-michigan/): Members First Credit Union (M1) team members rolled up their sleeves and spread out across eight Michigan counties for a day dedicated to community impact. Fueled by the credit union’s vision of creating thriving communities, 231 M1 team members volunteered with 22 different organizations bringing energy and positivity to every project.  From deep-cleaning community centers and tidying local parks to sorting and packing food and delivering meals to seniors, Members First Credit Union volunteers brought energy, focus, and a sense of purpose to communities across Bay, Clare, Gladwin, Isabella, Kent, Midland, Osceola, and Saginaw counties. Their efforts made a tangible […] - [SchoolsFirst FCU and Sacramento Republic Honor 2026 Teachers of the Year](https://thecreditunionconnection.com/schoolsfirst-fcu-and-sacramento-republic-honor-2026-teachers-of-the-year/): SchoolsFirst Federal Credit Union recognized eleven educators as Sacramento County’s 2026 Teachers of the Year in an on-field ceremony at the Sacramento Republic Football Club game at Heart Health Park on Oct. 4. In partnership with Sacramento County Office of Education, the annual event spotlights local educators who demonstrate exceptional leadership, innovation in the classroom and a commitment to student achievement. School districts and charter schools across the county selected each of the honorees.  “Educators play an essential role in shaping our communities,” said Josh Smith, vice president, school and community relations for SchoolsFirst FCU. “As a credit union founded by school employees, we […] - [LaCorp Announces Mary Vedros as New Board Chair](https://thecreditunionconnection.com/lacorp-announces-mary-vedros-as-new-board-chair/): Louisiana Corporate Credit Union is pleased to announce the appointment of Wymar Federal Credit Union EVP/CFO Mary Vedros as its new board chair.  Vedros brings more than 35 years of credit union experience to the leadership role. She previously served as CEO of Total Choice Federal Credit Union in St. Charles Parish and has been an active member of LaCorp’s board for several years, most recently serving as vice chair. “Working in tandem with the rest of the board and with David, ensuring we’re on the right path, is essential,” Vedros said. “In this time of economic uncertainty, we need […] - [America’s Credit Unions Takes the Showdown to Washington](https://thecreditunionconnection.com/americas-credit-unions-takes-the-showdown-to-washington/): Shutdown or showdown? That’s what the federal government has come down to. A test of wills between the politicians who have the Community Development Financial Institutions (CDFI) Fund in a chokehold.  America’s Credit Unions stepped up its advocacy to support CDFI-certified credit unions; they’ve been body slammed by a ton of uncertainty. Fortunately, all credit unions are standing up and practicing their political Half Nelsons. The Nuclear Option Let’s be clear about what happened here: the principal federal platform for channeling capital to mission lenders in underserved communities just had its lights turned off. No skeleton crew. No transition team. […] - [ProSight Financial Association Launches the ProSight Fraud Alert Network to Unite Financial Institutions Against Rising Fraud Threats](https://thecreditunionconnection.com/prosight-financial-association-launches-the-prosight-fraud-alert-network-to-unite-financial-institutions-against-rising-fraud-threats/): First-of-its-kind digital member community connects authenticated fraud professionals across the banking industry ProSight Financial Association today announced the launch of a significant industry initiative, the ProSight Fraud Alert Network, a new digital community and knowledge network designed to help financial institutions and direct-to-consumer fintechs combat fraud more effectively, efficiently, and collaboratively. Designed for frontline and strategic fraud professionals in the banking industry, the network empowers members with tools and knowledge to more efficiently resolve fraud cases and help reduce financial losses within their firms and, ultimately, the industry. The ProSight Fraud Alert Network will be offered to ProSight institutional members complimentary for […] - [Glia's Next-Generation Voice AI Delivers the Fastest Human-Like Interactions, Enabling Banks and Credit Unions to Expand Frontline Capacity ](https://thecreditunionconnection.com/glias-next-generation-voice-ai-delivers-the-fastest-human-like-interactions-enabling-banks-and-credit-unions-to-expand-frontline-capacity/): Breakthrough technology facilitates lifelike phone conversations, freeing human agents to focus on customer and community connection Glia announced its next-generation Voice AI at the company’s annual industry event, Interact 2025. The Voice Glia Virtual Assistant (GVA) now delivers more natural, lifelike AI voices, with real-time responsiveness twice as fast as the next industry alternative— matching the pace of human conversation. Best-in-class noise cancellation ensures accurate understanding even in noisy environments, while maintaining zero risk of AI hallucinations guarantees only verified information reaches customers, meeting the stringent demands of regulated banking. The Voice GVA now handles hundreds of the most common banking customer […] - [Defense Credit Union Council (DCUC) and ALM First Announce Strategic Partnership to Drive Value and Innovation for Credit Unions Nationwide](https://thecreditunionconnection.com/defense-credit-union-council-dcuc-and-alm-first-announce-strategic-partnership-to-drive-value-and-innovation-for-credit-unions-nationwide/): The Defense Credit Union Council (DCUC) and ALM First are proud to announce a new strategic partnership aimed at driving meaningful value, professional education, and innovative solutions to credit unions nationwide. The announcement was shared recently during the 2025 ALM First Financial Forum in Banff, Canada, by ALM First Principal Mike Ensweiler and DCUC President & CEO Anthony Hernandez. Mike Ensweiler, ALM First Principal, stated: “I’m proud to share that ALM First has entered into a strategic partnership with the Defense Credit Union Council! This is an exciting step forward for both organizations and for the credit union industry as a whole. […] - [Midwest Community Federal Credit Union Selects Mahalo Banking to Advance Digital Innovation](https://thecreditunionconnection.com/midwest-community-federal-credit-union-selects-mahalo-banking-to-advance-digital-innovation/): Credit union adopts new digital banking solution offering member-centric design, heightened security, and streamlined operational efficiency Midwest Community Federal Credit Union (‘Midwest Community’) has selected Mahalo Banking as its new digital banking provider, reinforcing its commitment to providing a modern, secure, and purpose-built digital banking experience across online and mobile channels. Midwest Community joins several other Ohio-based credit unions that have recently selected Mahalo through a partnership with Area Financial Services (AFS), a CUSO focused on data processing and technology services. Midwest Community prioritized finding a solution that could elevate its digital offerings and provide members with expanded self-service options, while also tightly […] - [Vertice AI Launches Vertice AGENT Interactive Copilot to Transform Growth for Community Financial Institutions](https://thecreditunionconnection.com/vertice-ai-launches-vertice-agent-interactive-copilot-to-transform-growth-for-community-financial-institutions/): Vertice AI announced the availability of Vertice AGENT, an interactive copilot designed to help credit unions drive more efficient, effective growth. Vertice AGENT, which earned ‘Best of Show’ honors when presented at FinovateFall 2025, is now available as part of Vertice AI’s CORE Growth Platform. All existing Vertice AI clients will automatically gain access to AGENT. Vertice AGENT offers a dynamic chat interface, similar to ChatGPT, that allows marketing and growth teams to ask questions of their data, receive instant insights, and take action by enhancing engagement, cross-sell, and acquisition strategies. Users can input directive prompts to generate targeted member […] - [Nuvision Credit Union Honors First Responders, Hosts Luncheon for 300+ Police, Fire and Safety Personnel](https://thecreditunionconnection.com/nuvision-credit-union-honors-first-responders-hosts-luncheon-for-300-police-fire-and-safety-personnel/): During Luncheon, Credit Union Recognizes Heroes for Their Service to Local Communities in California and Alaska. As part of its long-standing commitment to the communities it serves, Nuvision Credit Union hosted its annual First Responders Appreciation Luncheon on October 15th in honor of National First Responder’s Day October 28th.  The event, which was held at the Huntington Beach, California Police Department, celebrated and paid tribute to Huntington Beach First Responders by providing lunch and refreshments to 300 police, fire and safety personnel from the city of Huntington Beach.  During the luncheon, Nuvision Credit Union was honored to recognize a number of […] - [Affinity Plus Foundation and Headwaters Housing Development Corporation Partner to Expand Financial Education and Homeownership in Northern Minnesota](https://thecreditunionconnection.com/affinity-plus-foundation-and-headwaters-housing-development-corporation-partner-to-expand-financial-education-and-homeownership-in-northern-minnesota/): New $30,000 grant will help families in Beltrami, Mahnomen and surrounding counties build financial stability and achieve first-time homeownership As part of its longstanding commitment to supporting the Bemidji community and surrounding areas, the Affinity Plus Foundation is pleased to announce a new grant donation to the Headwaters Housing Development Corporation (HHDC) to expand financial education and homeownership opportunities for individuals and families across northern Minnesota.  HHDC plays a critical local role in building and maintaining stable housing, administering homeownership and improvement programs and leading community development efforts across Beltrami, Hubbard, Mahnomen, Clearwater and Lake of the Woods counties, including […] - [Jeanne D'Arc Credit Union Accelerates Digital Transformation with the Alkami Digital Sales & Service Platform](https://thecreditunionconnection.com/jeanne-darc-credit-union-accelerates-digital-transformation-with-the-alkami-digital-sales-service-platform/): By adding MANTL to its Alkami Digital Banking Solution and Data & Marketing Solution, the credit union is enhancing engagement and creating a more connected member experience Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced that Jeanne D’Arc Credit Union (Jeanne D’Arc) has added MANTL’s Onboarding & Account Opening Solution to streamline the member experience across all banking channels. This addition completes the full Alkami Digital Sales & Service Platform, advancing Jeanne D’Arc’s digital transformation to create a unified, data-driven experience for its retail members and business clients. “At Jeanne D’Arc, we’re always looking for ways to make banking easier and more meaningful for our […] - [Chartway’s New Cedar City Branch Grand Opening Celebrates Community](https://thecreditunionconnection.com/chartways-new-cedar-city-branch-grand-opening-celebrates-community/): Event featured a ribbon-cutting ceremony, Make-A-Wish Utah Promise Hero Wish Proclamation, and $5K donation to Chartway Promise Foundation Chartway Credit Union celebrated the grand opening of its newly relocated Cedar City branch, welcoming members, community leaders, and local dignitaries for a morning of connection, celebration, and purpose. This expansion answers the call of our loyal Cedar City members. The event featured a ribbon-cutting ceremony, a Promise Hero Wish Proclamation for four-year-old Archer Cooke in partnership with Make-A-Wish Utah, and a $5,000 check presentation to the Chartway Promise Foundation from NewGround, the design-build contractor for the new branch.  The new location […] - [Apiture Launches AI-Powered User Interface for a Predictive, Personalized Digital Banking Experience](https://thecreditunionconnection.com/apiture-launches-ai-powered-user-interface-for-a-predictive-personalized-digital-banking-experience/): Apiture — now part of CSI — today announced the release of its new AI-powered user interface (UI). Further enhancing the Apiture Digital Banking Platform, the new UI deepens financial institutions’ relationships with account holders by delivering a predictive, personalized experience across online and mobile channels. With AI integrated throughout the UI, the new “Ask AI” feature enables account holders to receive real-time guidance and transaction-level insights. By selecting from pre-filled, personalized questions like “How much have I spent on subscriptions this year?” or entering custom queries, account holders receive instant answers, eliminating the need to manually review or export data externally. The interface […] - [Two Credit Unions Announce New Hires; Luminate Announces CUDE Scholarship Recipients](https://thecreditunionconnection.com/two-credit-unions-announce-new-hires-luminate-announces-cude-scholarship-recipients/): Two credit unions, including SchoolsFirst Federal Credit Union, announced new additions to their teams, and Luminate announced the recipients of their annual CUDE Scholarship Program. New Hires: Recognitions: - [WFCU Activates Hurricane Melissa Relief Effort for Caribbean Credit Unions](https://thecreditunionconnection.com/wfcu-activates-hurricane-melissa-relief-effort-for-caribbean-credit-unions/): Project Storm Break to support recovery of Jamaican credit unions Worldwide Foundation for Credit Unions (WFCU) has activated its Project Storm Break disaster relief initiative in response to Hurricane Melissa, which has caused catastrophic damage across Jamaica and other parts of the Caribbean. The Category 5 storm made landfall on October 28, sweeping from Jamaica’s southeast coast through the island’s center to Montego Bay, with sustained winds above 185 mph. Entire communities were devastated—homes lost roofs or were destroyed, infrastructure collapsed, and key agricultural regions suffered massive crop losses. Large portions of Jamaica remain without electricity, water, telecom and internet services, while flooding has left more than two […] - [DCUC Calls on U.S. Treasury to Ensure Fair, Practical Stablecoin Regulation for Credit Unions and Requests FHFA Expand Access and Reduce Regulatory Burdens in FHLBank System](https://thecreditunionconnection.com/dcuc-calls-on-u-s-treasury-to-ensure-fair-practical-stablecoin-regulation-for-credit-unions-and-requests-fhfa-expand-access-and-reduce-regulatory-burdens-in-fhlbank-system/): The Defense Credit Union Council, DCUC, has engaged the U.S. Department of the Treasury’s Office of General Counsel on the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, calling for balanced, inclusive regulation that allows credit unions to participate in the evolving digital financial system safely. See DCUC’s official comments here.  DCUC explained that stablecoin innovation, if properly regulated, can reduce payment friction, expand access to financial services, and enhance financial security for millions of Americans, many of whom are credit union members.  “Credit unions continue to offer indispensable, not-for-profit financial services to Americans nationwide and ensure the […] - [Hawaii State FCU Announces Retirement Of Executive Vice President Carol Higa And Strategic Leadership Team Restructuring](https://thecreditunionconnection.com/hawaii-state-fcu-announces-retirement-of-executive-vice-president-carol-higa-and-strategic-leadership-team-restructuring/): Hawaii State Federal Credit Union (Hawaii State FCU) has announced that Carol Higa, executive vice president, will retire on December 31, 2025. Higa’s retirement marks the culmination of nearly a decade of leadership at Hawaii State FCU and more than 40 years of distinguished service in Hawaii’s banking industry. “Carol’s leadership and dedication to our members have been instrumental in shaping the future of Hawaii State FCU,” said Andrew Rosen, president and CEO of Hawaii State FCU. “She has guided our teams through significant growth and transformation, always ensuring that the member experience remained at the center of everything we do. Her impact will […] - [Palmetto Citizens Federal Credit Union Selects Tyfone’s nFinia® Digital Banking Platform](https://thecreditunionconnection.com/palmetto-citizens-federal-credit-union-selects-tyfones-nfinia-digital-banking-platform/): nFinia to support both commercial and retail account holders Digital banking solutions provider Tyfone today announced Palmetto Citizens Federal Credit Union (Palmetto Citizens) has selected its nFinia® Digital Banking platform for commercial and retail account holders. The credit union cited the platform’s configurability and ability to meet the digital needs of its members and small- and medium-sized businesses (SMBs) as the key reasons for its decision. Headquartered in Columbia, S.C. with more than $1.3 billion in assets and 86,000 members, Palmetto Citizens operates 14 physical branches across the midlands region. The credit union is migrating to nFinia to provide its members with more personalized […] - [Central Willamette Credit Union Selects Cedric Bousquet as CFO](https://thecreditunionconnection.com/central-willamette-credit-union-selects-cedric-bousquet-as-cfo/): Central Willamette Credit Union has selected Cedric Bousquet to serve as its new Chief Financial Officer (CFO). Bousquet, who was placed by DDJ Myers, brings more than two decades of industry experience to his new role. Most recently, he served as Senior Vice President, Capital Planning & Modeling Director for Umpqua Bank in Portland, Oregon. “I am honored to join the Central Willamette Credit Union team,” Bousquet said. “This not-for-profit financial cooperative has been serving its Oregon communities for 70 years. As CFO, I’m looking forward to working with Central Willamette’s impressive team to ensure the credit union continues to provide […] - [One Washington Financial Announces Strategic Investment in Starlight to Form New Credit Union Service Organization  ](https://thecreditunionconnection.com/one-washington-financial-announces-strategic-investment-in-starlight-to-form-new-credit-union-service-organization/): One Washington Financial, a wholly-owned subsidiary of Washington State Employees Credit Union (WSECU), has made a strategic investment in Starlight to help establish a new Credit Union Service Organization (CUSO) to further support credit unions in expanding access to financial support for members nationwide. Starlight is a Public Benefit Corporation helping credit unions proactively connect members to financial relief and benefits programs.  Starlight enables credit unions to deliver on their mission by connecting members with financial assistance and benefits they may not know they already qualify for—building resilience, deepening engagement, and strengthening long-term loyalty. By embedding access to local, state, and federal […] - [JetStream Federal Credit Union Wins Top Honors for Mobile App Excellence at Access Softek Conference](https://thecreditunionconnection.com/jetstream-federal-credit-union-wins-top-honors-for-mobile-app-excellence-at-access-softek-conference/): JetStream Federal Credit Union is proud to announce that it has been awarded the prestigious title of Highest Rated Mobile App for a Credit Union Under $1 Billion in Assets at the recent Access Softek Conference, held in Jackson Hole, Wyoming.  This national recognition highlights JetStream’s commitment to innovation, member experience, and digital excellence. The award was accepted on behalf of the credit union by Chief Operations Officer, Aaron Small, during the conference’s awards ceremony, which brought together leading financial institutions and technology partners from across the country.  “We are honored to receive this award and proud of the work […] - [JetStream Federal Credit Union Wins 2025 Best of Miami Lakes Award for Best Financial Institution](https://thecreditunionconnection.com/jetstream-federal-credit-union-wins-2025-best-of-miami-lakes-award-for-best-financial-institution/): JetStream Federal Credit Union is proud to announce that it has been named the 2025 Best of Miami Lakes Award winner in the Best Financial Institution category. The award, presented by the Miami Lakes Economic Development Committee, honors and celebrates local businesses that exemplify excellence, community engagement, and a strong commitment to serving the residents of Miami Lakes.  Each year, the Economic Development Committee recognizes businesses that contribute to the town’s economic vitality and maintain a positive, “close-to-home” impact through their services and community involvement. JetStream Federal Credit Union’s recognition reflects its continued dedication to providing exceptional financial products, personalized […] - [JetStream Federal Credit Union Celebrates International Credit Union Day with Community Events and Free Health Screenings](https://thecreditunionconnection.com/jetstream-federal-credit-union-celebrates-international-credit-union-day-with-community-events-and-free-health-screenings/): On Thursday, October 16, JetStream Federal Credit Union proudly joined credit unions around the world in celebrating International Credit Union Day, an annual event recognizing the spirit of the global credit union movement and its commitment to community, cooperation, and financial well-being.  To mark the occasion, JetStream hosted celebrations at all branch locations, where members enjoyed complimentary refreshments and special giveaways as a token of appreciation for their continued trust and support.  At the Miami Lakes Branch, JetStream collaborated with Baptist Health South Florida to provide free health screenings to members and the local community.  Participants received screenings for blood […] - [Survey from White Clay Finds Two-thirds of Customers Do Not Feel Truly Known by Their Primary Financial Institution](https://thecreditunionconnection.com/survey-from-white-clay-finds-two-thirds-of-customers-do-not-feel-truly-known-by-their-primary-financial-institution/): Data shows relationship gap between financial institutions and their customers is holding strong White Clay today shared results from its latest survey conducted online by The Harris Poll. Nearly 2,000 U.S. adults who use financial institutions were surveyed about their relationships with their primary bank or credit union. Despite advances in AI, digital banking, and marketing, consumer sentiment toward their financial institutions has remained largely unchanged year over year: “Consumer sentiment is sticky; while the world is rife with change, from more advanced technologies to shifting economic landscapes, year over year data on consumer feelings remains unchanged,” said Mac Thompson, […] - [DCUC Provides Testimony on NCUA’s Proposed 2026–2027 Budget](https://thecreditunionconnection.com/dcuc-provides-testimony-on-ncuas-proposed-2026-2027-budget/): Today, the Defense Credit Union Council (DCUC) provided live testimony during the National Credit Union Administration’s (NCUA) proposed budget hearing for 2026– 2027. Present to testify on DCUC’s behalf was Jason Stverak, DCUC Chief Advocacy Officer. “Even in times of streamlining, the question should be where reductions will be made, as opposed to how much the reductions will be,” Stverak stated. DCUC commended the NCUA for presenting a more streamlined budget that reduces costs for credit unions funding the agency’s operations and the Share Insurance Fund, but urged the Board to take a more targeted approach in several key areas. Supervisory Expenses […] - [CD Valet’s October CD Rate Analysis Reveals that Despite Recent Federal Reserve Action, Many CD Rates Remain Competitive](https://thecreditunionconnection.com/cd-valets-october-cd-rate-analysis-reveals-that-despite-recent-federal-reserve-action-many-cd-rates-remain-competitive/): CD Valet today shared that over 3,600 of its tracked CD rates remain at or above the Federal Reserve’s current upper limit of 4.00% APY. “As expected after the recent Fed rate cuts, CD yields in general continue to ease. However, there are still strong opportunities out there for savers – thousands of CDs tracked by CD Valet offer rates equal or greater to a 4.00% yield,” says Mary Grace Roske, Head of Marketing and Communications for CD Valet. “This demonstrates that many banks and credit unions are standing out by offering attractive rates to generate deposits, with some promotional […] - [Centra Credit Union Donates $100,000 To Local Food Banks](https://thecreditunionconnection.com/centra-credit-union-donates-100000-to-local-food-banks/): Centra Credit Union and the Centra Foundation are proud to announce a donation totaling $100,000 to local food banks across the Communities they serve, including their locations in Jamestown, New York, and Whitakers, North Carolina. This initiative is part of Centra’s ongoing commitment to supporting those in need and directly addresses the growing issue of food insecurity, especially as the holiday season approaches. “At Centra, our commitment to giving back is deeply rooted in who we are,” Centra President and CEO Rick Silvers said. “Our Members, Communities and Team Members support us every day, and we believe it’s our responsibility […] - [First Harvest Credit Union Recognized For Excellence in Community Engagement and Marketing Efforts](https://thecreditunionconnection.com/first-harvest-credit-union-recognized-for-excellence-in-community-engagement-and-marketing-efforts/): First Harvest Awarded by Marketing Association of Credit Unions for Community Givebacks, Brand Awareness, & Social Media Marketing First Harvest Credit Union (“First Harvest”) has been nationally recognized with multiple honors by the Marketing Association of Credit Unions (“MAC”) for excellence in credit union brand awareness, as well as social media marketing and community engagement efforts for the New Jersey Credit Unions Food Cooperative. The Marketing Association of Credit Unions hosts the MAC Awards and Conference each year to award excellence in credit union marketing, business development initiatives, and community engagement. First Harvest received three MAC awards for the following […] - [Serve Credit Union Brings Together Membership Through Local Events](https://thecreditunionconnection.com/serve-credit-union-brings-together-membership-through-local-events/): Serve Credit Union continues to strengthen membership through different local events designed to bring members together and show appreciation for those who serve and support our communities.  In October, Serve Credit Union hosted Coffee with a Cop, welcoming local law enforcement officers to stop by their Urbandale branch for coffee and donuts. The morning gave everyone the chance to visit, slow down, and enjoy their breakfast. “Our mission is to serve those who serve us,” said Hayley Vanderpool, Marketing & Member Events Coordinator. “Coffee with a cop is a great way for our credit union to connect and show our […] - [WESTconsin Volunteers Contribute Over 1,000 Hours on First Annual Community CARE Day](https://thecreditunionconnection.com/westconsin-volunteers-contribute-over-1000-hours-on-first-annual-community-care-day/): 365 WESTconsin Credit Union employees lived their core values of Collaborative, Accountable, Respectful, and Excellence (CARE) on Monday, October 13. As part of the first annual Community CARE Day, 38 community organizations received a helping hand across western Wisconsin resulting in over 1,000 volunteer hours contributed. WESTconsin is committed to serving its communities through volunteerism, education, and donations. They are on track to hit over 4,500 volunteer hours in 2025 alone. - [Zest AI Secures Strategic Investment from Customers in Oversubscribed Round ](https://thecreditunionconnection.com/zest-ai-secures-strategic-investment-from-customers-in-oversubscribed-round/): Credit Unions – SchoolsFirst, Members 1st, Truliant and ORNL – and Citi Invest in Zest Amidst Rapidly Growing Demand for AI-Native Lending Products Zest AI announced the successful completion of an oversubscribed, customer-led financing round. The investment was led by five of the company’s key customers – SchoolsFirst Federal Credit Union, Members 1st Federal Credit Union, ORNL Federal Credit Union, Truliant Federal Credit Union, and Citi, through its investing group Citi Ventures. The financing represents a significant valuation increase from Zest AI’s previous growth round, reflecting the company’s strong momentum as more financial institutions evolve legacy underwriting systems with AI-driven […] - [Veridian Credit Union commits $100,000 to fight food insecurity in Iowa, Nebraska and Minnesota](https://thecreditunionconnection.com/veridian-credit-union-commits-100000-to-fight-food-insecurity-in-iowa-nebraska-and-minnesota/): Veridian Credit Union has pledged $100,000 to organizations and events that are fighting local food insecurity across Iowa; Omaha, Nebraska and Eden Prairie, Minnesota. The funds will be divided among area food banks, local pantries and events or programs offering free Thanksgiving meals. “Like many credit unions, Veridian was founded on the need to support our communities and the people in them,” said Veridian President and CEO Renee Christoffer. “The number of people facing food insecurity in our communities is growing, and it’s important that we support those working to address it – especially this holiday season.”  Recipient food banks […] - [Cotribute and Corelation Expand Partnership to Deliver AI Growth Agents to Credit Unions](https://thecreditunionconnection.com/cotribute-and-corelation-expand-partnership-to-deliver-ai-growth-agents-to-credit-unions/): Integration via Keystone API enables smarter acquisition, cross-sell, and relationship growth without replacing existing digital origination tools Cotribute today announced the official launch of its AI Growth Agents for credit unions using the Corelation core platform, made possible through a seamless integration with Corelation’s Keystone API.  This partnership empowers credit unions to deploy AI-driven acquisition, cross-sell, and relationship growth strategies, without the need to replace existing origination systems. The launch underscores the shared commitment of Cotribute and Corelation to helping modern credit unions grow more intelligently, efficiently, and digitally by layering innovation on top of trusted infrastructure.  “This is a […] - [Members First Empowers Families To Raise Financially Smart Kids With Greenlight](https://thecreditunionconnection.com/members-first-empowers-families-to-raise-financially-smart-kids-with-greenlight/): Members First Credit Union (M1) is excited to announce a new partnership with Greenlight® Financial Technology, Inc. (“Greenlight”) to empower families and help the next generation build strong financial habits for life. Members of Members First can enjoy free* access to Greenlight, the award-winning app that helps families teach kids smart money habits.  “We’re always looking for ways to make a positive impact for our members and their families,” said Teresa Cunningam, Marketing Leader at Members First Credit Union. “Greenlight lets kids learn money skills in a fun, interactive way – setting them up for success now and in the […] - [Tucson Federal Credit Union to Celebrate Grand Opening of Rita Ranch Branch](https://thecreditunionconnection.com/tucson-federal-credit-union-to-celebrate-grand-opening-of-rita-ranch-branch/): New branch will serve around 20,000 residents in the 85707, 85747, and 85641 communities and employ five local team members Tucson Federal Credit Union (TFCU) is thrilled to announce the grand opening of its newest branch in Rita Ranch, reinforcing its commitment to serving the local community with innovative financial services and personalized member support. The Rita Ranch branch is TFCU’s first branch in this area, expanding the credit union’s reach across Tucson and bringing great member-focused banking to thousands of households in the city’s growing southeast corridor. The branch is part of TFCU’s broader expansion strategy across Southern Arizona, […] - [Rogue Credit Union Honored With Employee Experience Award From GoWest Credit Union Association](https://thecreditunionconnection.com/rogue-credit-union-honored-with-employee-experience-award-from-gowest-credit-union-association/): Rogue Credit Union has been recognized with the Employee Experience Award from the GoWest Credit Union Association, celebrating the credit union’s outstanding commitment to team member well-being, engagement and innovation.  The award highlights Rogue’s success with Rogue Thrives, a comprehensive wellness program launched to support team members’ physical, financial and mental health. Through the program, team members can earn a $300 wellness incentive by participating in activities that support their well-being. Featuring on-demand videos, exercise tips, financial education resources, fun challenges, prizes and more, Rogue Thrives has quickly become a part of the credit union’s culture.  “We are incredibly proud of the way […] - [Iowa Credit Union Foundation Grants $50,000 to Community Organizations through Financial Inclusion Grant Program](https://thecreditunionconnection.com/iowa-credit-union-foundation-grants-50000-to-community-organizations-through-financial-inclusion-grant-program/): The Iowa Credit Union Foundation is proud to announce the 2025 recipients of their Financial Inclusion Grant Program. Now in its second year, the program will distribute $150,000 total over three years to support initiatives in affordable housing, business ownership, childcare, education, employment and health access. Iowa credit unions nominated nonprofit partners serving their communities in these areas, and this year’s recipients represent a wide range of organizations uplifting diverse groups across both urban and rural regions of Iowa. Recipients of the 2025 Financial Inclusion Grants include: “Each year, I’m reminded of the incredible work happening across Iowa to strengthen […] - [MSUFCU Receives 2025 Marketing Association for Credit Unions Gold and Silver Awards](https://thecreditunionconnection.com/msufcu-receives-2025-marketing-association-for-credit-unions-gold-and-silver-awards/): MSU Federal Credit Union (MSUFCU) has received two national awards for its creative excellence and outstanding results in marketing and public relations. The MAC Awards have been recognizing outstanding credit union marketing achievements since 1986 and are hosted annually by the Marketing Association of Credit Unions, a group of credit union marketing professionals who help each other thrive, advance, and succeed. There were more than 400 entries by credit unions across the country for the 2025 awards. In 2024, the Credit Union launched a multi-channel Out-of-Home advertising campaign in Chicago titled “Bank with a Credit Union,” introducing MSUFCU to Chicago in […] - [People's Credit Union Donates $50,000 to Six Rhode Island Food Pantries](https://thecreditunionconnection.com/peoples-credit-union-donates-50000-to-six-rhode-island-food-pantries/): Branches to Host Community Food Drive Throughout November In response to the uncertainty around the current SNAP benefit crisis and its impact on food pantries across the country, People’s Credit Union is donating a total of $50,000 to benefit six local food pantries. In the East Bay, the recipients are the Dr. Martin Luther King, Jr. Community Center, Aquidneck Food Pantry, East Bay Food Pantry, and the East Bay Community Action Program. In the West Bay, donations will go to the Jonnycake Center for Hope and the North Kingstown Food Pantry. “At People’s Credit Union, we believe that when we come together to be a […] - [Kuwait Finance House Collaborates with NCR Atleos to Revolutionize In-Branch Banking Experience Using Conversational AI Avatar](https://thecreditunionconnection.com/kuwait-finance-house-collaborates-with-ncr-atleos-to-revolutionize-in-branch-banking-experience-using-conversational-ai-avatar/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) has collaborated with Kuwait Finance House (KFH) to transform the in-branch customer experience through the deployment of a hyper-realistic conversational AI-powered avatar. This groundbreaking initiative introduces AI-driven video avatars at account service kiosks across KFH branches, offering customers real-time, personalized assistance. These avatars are designed to answer frequently asked questions about KFH services, provide branch-specific information, and—beginning in the second phase of the collaboration—guide users through transactions directly on the kiosk. When needed, the avatar can seamlessly escalate the interaction to a live agent, ensuring uninterrupted, high-quality support. “Our collaboration with Atleos marks a significant milestone in […] - [FreeStar Financial Credit Union Launches Mahalo Digital Banking Platform Alongside Corelation KeyStone Conversion](https://thecreditunionconnection.com/freestar-financial-credit-union-launches-mahalo-digital-banking-platform-alongside-corelation-keystone-conversion/): Strategic dual implementation strengthens operational efficiency and enhances members’ access to modern banking tools FreeStar Financial Credit Union (‘FreeStar’) has successfully launched Mahalo’s Thoughtful Banking® platform, completing the implementation in conjunction with a core conversion to Corelation KeyStone. The simultaneous rollout represents a major milestone in the credit union’s technology modernization strategy, enhancing both operational infrastructure and the digital banking experience for members.  The dual launch reflects FreeStar’s strategic efforts to modernize its technology stack and strengthen member engagement. By leveraging Mahalo’s comprehensive integration with KeyStone, the credit union can now streamline digital interactions while delivering a faster, more intuitive […] - [The Federal Government Recently Seeded Millions of Accounts. Now It’s Up to Us to Grow Them](https://thecreditunionconnection.com/the-federal-government-recently-seeded-millions-of-accounts-now-its-up-to-us-to-grow-them/): Marcell King, President/COO, Nuuvia (formerly Incent) This past July, the federal government handed financial institutions a rare opportunity: guaranteed deposits, predictable funding, and a direct path to building primary relationships with the next generation of account holders. Whether we maintain those relationships long-term or hand them over to a fintech in five years depends on how we act now. Each account receives a $1,000 initial deposit from the government. Families can contribute up to $5,000 annually tax-advantaged, and employers can add $2,500 more. These accounts begin accumulating value at birth, but the real opportunity for community financial institutions (CFIs) begins […] - [TowerCares Foundation Donates $70,000 to Local Food Banks to Help Marylanders Impacted by the Government Shutdown](https://thecreditunionconnection.com/towercares-foundation-donates-70000-to-local-food-banks-to-help-marylanders-impacted-by-the-government-shutdown/): The TowerCares Foundation made a special $70,000 donation to local food banks to help meet the increased need during the government shutdown. The Anne Arundel, Capital Area, Howard County, and Maryland Food Banks each received $15,000 from TowerCares; FISH of Laurel and the Fort Meade Spouses’ Club each received $5,000. To help local food banks meet the increased demand brought on by the federal government shutdown, the TowerCares Foundation has donated $70,000 to six local-area food banks and pantries.  The Anne Arundel, Capital Area, Howard County, and Maryland Food Banks each received a $15,000 donation from the TowerCares Foundation, the […] - [California Credit Union Launches Annual Holiday Toy Drive With Los Angeles Boys & Girls Club](https://thecreditunionconnection.com/california-credit-union-launches-annual-holiday-toy-drive-with-los-angeles-boys-girls-club/): Credit Union Branches Accepting Donations of New, Unwrapped Toys through December 6 California Credit Union, in partnership with the Los Angeles Boys & Girls Club, is spreading holiday cheer through its 2025 Holiday Toy Drive, inviting community members to help brighten the season for local children and families.  Now through December 6, California Credit Union encourages everyone to drop off a new, unwrapped toy to any of its branches in Los Angeles or Orange County. Toys and gifts for all ages – from toddlers to teens (up to age 17) – are welcomed. All donations will be distributed to Club kids […] - [McGrane Promoted to Chief Financial Officer](https://thecreditunionconnection.com/mcgrane-promoted-to-chief-financial-officer/): West Community Credit Union is pleased to announce the promotion of Denny McGrane to Chief Financial Officer (CFO). With nearly 20 years of dedicated service to the credit union, McGrane brings a wealth of experience in lending, financial strategy, and member-focused leadership to his new role.  McGrane began his career at West Community Credit Union in 2005 and has held a variety of leadership positions, including Director of Mortgage Lending, Assistant Vice President of Consumer and Mortgage Lending, and Vice President of Lending. As CFO, he will oversee the credit union’s financial operations, strategic planning, and long-term fiscal sustainability, ensuring […] - [Meritrust Credit Union Partners with NBA Player Christian Braun to Focus on Financial Education in Metro- Denver Communities](https://thecreditunionconnection.com/meritrust-credit-union-partners-with-nba-player-christian-braun-to-focus-on-financial-education-in-metro-denver-communities/): Meritrust is proud to announce their partnership with NBA player Christian Braun and his new foundation focused on providing financial education for young athletes to help break poverty cycles in the Denver communities. “Financial education and money management are very important to me,” said Christian Braun, professional NBA player. “I want to use my platform as a professional basketball player to help educate people in our community, especially young athletes. Partnering with Meritrust just made sense because this is what they do.” Meritrust, new to the Denver market through a recent merger with Premier Members Credit Union, originated from Kansas […] - [BECU Names Carla Costa-Perales as Chief Impact Officer](https://thecreditunionconnection.com/becu-names-carla-costa-perales-as-chief-impact-officer/): Washington-based credit union hires seasoned leader to drive its impact initiatives BECU today announced Carla Costa-Perales as executive vice president and chief impact officer. In this role, Costa-Perales will lead the teams driving BECU’s social impact, equity, inclusion and belonging, communications and government relations work. “The Chief Impact Officer is a critical role at BECU, and Carla brings over 20 years of experience across all functions that make up this division,” said BECU CEO Beverly Anderson. “Given her prior roles with healthcare and public health organizations, Carla also brings a deep understanding of the connection between physical and financial health. […] - [Tinker Federal Credit Union Offers Hardship Relief During Government Shutdown](https://thecreditunionconnection.com/tinker-federal-credit-union-offers-hardship-relief-during-government-shutdown/): As the ongoing government shutdown continues to impact U.S. citizens, Tinker Federal Credit Union (TFCU) has launched a hardship relief program to help its members stay financially steady and is making donations to help our communities during this uncertain time. TFCU hardship relief options This program is designed to ease immediate financial strain for those impacted by delayed paychecks. Available options include: • No-fee Skip-A-Payment opportunities• Interest-only payment plans• Fee refunds• 0% interest loans for qualifying members Visit TinkerFCU.org/tfcu-government-shutdown for program details and eligibility information. Donations TFCU is helping support non-profit organizations with donations to increase support for our communities. There are more than 15 organizations […] - [InvestiFi Announce Strategic Alliance with Metallicus to Deliver Institution-Backed Stablecoins within their Digital Investing Platform](https://thecreditunionconnection.com/investifi-announce-strategic-alliance-with-metallicus-to-deliver-institution-backed-stablecoins-within-their-digital-investing-platform/): Metallicus today announced a strategic alliance with InvestiFi, a digital investing platform that has 15+ digital banking and banking core integrations to deliver natively integrated crypto and securities investing via the online and mobile banking apps of credit unions and community banks. InvestiFi was the first company to perform a real-time crypto:USD conversion using the banking core back in 2023, which has made it seamless for InvestiFi to turn on stablecoins as part of its ecosystem. With how fast the stablecoin space is moving, InvestiFi is excited to support the entire stablecoin ecosystem, to allow account holders at credit unions and […] - [Scott Simpson Marks First Day Leading America’s Credit Unions](https://thecreditunionconnection.com/scott-simpson-marks-first-day-leading-americas-credit-unions/): Today, Scott Simpson officially begins as the President and CEO of America’s Credit Unions. America’s Credit Unions is the leading national advocacy organization for the credit union industry, representing 95% of the industry’s assets and their more than 144 million members nationwide. With more than 20 years of proven leadership in credit union advocacy and organizational strategy, and several years in public policy and politics, and organizational strategy, Simpson steps into the role with deep experience and a lengthy track record of advancing a unified credit union movement across multiple states and on the national stage—at a time when many Americans are in need of a trusted financial partner. “The credit union movement is at a […] - [Improve Card Usage Through Loyalty Rewards: A Framework for Financial Institutions](https://thecreditunionconnection.com/improve-card-usage-through-loyalty-rewards-a-framework-for-financial-institutions/): ampliFI Loyalty Solutions In debit and credit card programs, penetration, activation, and usage are strategic levers that can shape cardholder behavior, improve card usage, and strengthen long-term loyalty. But to move the needle on these KPIs, you need more than a product; you need a value exchange. That’s where loyalty programs come in. The Framework: Penetration, Activation, and Usage Let’s break down what each of these key metrics means and how they can help evaluate the health and performance of your card portfolio. These benchmarks tell a story about the performance of your card portfolio. According to Pulse Network’s 2024 debit […] - [59% of Americans Blame Increasing Debt on High Inflation ](https://thecreditunionconnection.com/59-of-americans-blame-increasing-debt-on-high-inflation/): WalletHub has released the latest edition of its Household Debt Report, and the survey found that many Americans believe that high inflation is a main contributing factor to their increasing debt. Key Findings: “Household debt is surging again, according to the latest data from the Federal Reserve Bank of New York, which just revealed another record high in amounts owed for overleveraged U.S. consumers. It’s not quite as bad when you adjust for inflation, but it’s certainly not where we want to be heading into the holiday season. Even if you don’t put much stock in government economic data, reports […] - [TruMark Financial Credit Union Partners with Happy Money for Strategic Personal Loan Program](https://thecreditunionconnection.com/trumark-financial-credit-union-partners-with-happy-money-for-strategic-personal-loan-program/): Consumer finance leader enables credit unions to expand lending capabilities, diversify balance sheet and reduce risk through loan participation Happy Money today announced a partnership with $3.4 billion-asset TruMark Financial Credit Union. By leveraging Happy Money’s participation program, TruMark Financial is further diversifying its balance sheet and deploying capital to generate higher returns through short-duration, high-yield personal loans. TruMark Financial selected Happy Money as a strategic partner to enhance its personal loan portfolio without requiring additional operational overhead. Through the unique participations structure, the partnership creates a balanced approach to risk management while delivering short-duration, high-return assets that provide yield and […] - [Municipal Credit Union Named A Great Place To Work® For The Second Consecutive Year](https://thecreditunionconnection.com/municipal-credit-union-named-a-great-place-to-work-for-the-second-consecutive-year/): External recognition highlights MCU’s continued commitment to employee engagement, wellness, and an inclusive workplace culture. Municipal Credit Union (MCU) has once again been recognized as a Great Place to Work®, earning the prestigious certification for the second year in a row. The Great Place to Work® designation is a rigorous process that evaluates an organization’s benefits, culture, and employee experience through an in-depth review and an anonymous survey sent to all employees. This year, MCU’s survey results show meaningful gains, underscoring its ongoing commitment to strengthening employee engagement and satisfaction. “Our renewed certification as a Great Place to Work is […] - [CUNA Strategic Services Announces HuLoop Automation as Latest Alliance Provider Driving Efficiency Through Work Intelligence and Automation for Credit Unions](https://thecreditunionconnection.com/cuna-strategic-services-announces-huloop-automation-as-latest-alliance-provider-driving-efficiency-through-work-intelligence-and-automation-for-credit-unions/): CUNA Strategic Services (CSS) announces its new alliance with HuLoop Automation, a leader in AI-powered work intelligence for financial institutions. This new relationship will broaden usage of HuLoop’s tools among credit unions, empowering them to boost efficiency, reduce operational costs, and improve member experience through its innovative solution portfolio. “The new alliance between HuLoop and CUNA Strategic Services will help credit unions leverage high impact AI technology that makes a real difference for both employees and members,” said Barb Lowman, President of CUNA Strategic Services. “Credit unions of all sizes and demographics are prioritizing work automation – especially when it […] - [Reminder | NCUA Currently Accepting CDRLF Grant Applications Through Mid December](https://thecreditunionconnection.com/reminder-ncua-currently-accepting-cdrlf-grant-applications-through-mid-december/): Agency Offers Webinar and Other Resources to Support Applicants The National Credit Union Administration reminds the public of its plans to award more than $3.4 million in grants to low-income designated credit unions through the open Community Development Revolving Loan Fund (CDRFL) grant round. Applications must be submitted before December 16, 2025 at 11:59 p.m. Eastern. Interested credit unions are encouraged to view a pre-recorded webinar detailing how to apply for a 2025 CDRLF grant. This webinar is available on NCUA’s YouTube Channel and the Learning Management System. CyberGrants Portal Now Has Multi-Factor Authentication CyberGrants, the NCUA’s grant and loan management system, […] - [Dow Great Western Credit Union Appoints Randy Dhindsa as President/CEO](https://thecreditunionconnection.com/dow-great-western-credit-union-appoints-randy-dhindsa-as-president-ceo/): Dow Great Western Credit Union (DGWCU) has announced the appointment of Randy Dhindsa as its new President and Chief Executive Officer. With more than 87 years of service to its members, DGWCU enters a new chapter focused on sustainable growth, innovation, and deepened community engagement under Dhindsa’s leadership. In announcing the appointment, Board Chair Art Solis said, “On behalf of the Board, I am thrilled to welcome Randy Dhindsa to the Dow Great Western Credit Union family as our next President and CEO. Randy’s passion for people and his commitment to the credit union philosophy align perfectly with our values. […] - [Velera Strengthens Employee and Credit Union Capabilities with Lean Six Sigma Yellow Belt Certification](https://thecreditunionconnection.com/velera-strengthens-employee-and-credit-union-capabilities-with-lean-six-sigma-yellow-belt-certification/): Will offer nationally recognized training through Advisors Plus to help credit unions advance operational excellence Velera today announced it has earned Lean Six Sigma Yellow Belt accreditation from The Council for Six Sigma Certification (CSSC), a globally recognized accrediting body in the Six Sigma industry.   Built on time-tested operational approaches in manufacturing and quality assurance, Lean Six Sigma is a leading methodology for improving business processes by reducing inefficiencies, eliminating waste and driving measurable performance improvements. The Yellow Belt level equips employees with foundational skills to identify optimization opportunities and contribute to stronger, more effective operations across the organization. With this […] - [American Heritage Credit Union Donates Over 4,900 Books to Greater Philadelphia Charities and Organizations](https://thecreditunionconnection.com/american-heritage-credit-union-donates-over-4900-books-to-greater-philadelphia-charities-and-organizations/): Includes Donation to Children’s Hospital of Philadelphia’s Reach Out and Read Early Literacy Program American Heritage Credit Union (“American Heritage”) has donated over 4,900 new books to local hospitals, schools, community centers, and special care facilities throughout the Greater Philadelphia region during its 16th Annual Books for Kids Program. This year’s program collected over $12,900 in donations from members throughout the summer and fall to purchase and distribute the books. Since its inception, the Program has donated over 74,100 books and raised over $176,400. In its sixteenth year, American Heritage invited members to support its Books for Kids program by becoming […] - [Municipal Credit Union to Open Branch in Far Rockaway](https://thecreditunionconnection.com/municipal-credit-union-to-open-branch-in-far-rockaway/): Branch will expand access to financial services in underserved Queens neighborhood Municipal Credit Union (MCU) announced today it has received all necessary regulatory approvals to open a new branch in Far Rockaway, Queens. The new location marks a key milestone in expanding essential financial services in an area that has long faced limited local banking options. “As a homegrown New York City-based institution, we are proud to bring MCU to Far Rockaway and play a part in strengthening this community,” said Kyle Markland, CEO of Municipal Credit Union. “True to our mission—to help hardworking New Yorkers build better tomorrows—we look forward […] - [Several Credit Unions Announce New Hires; GoWest Announces 2025 Award Winners](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-gowest-announces-2025-award-winners/): Several credit unions, including Loyalty Credit Union and Reliant Credit Union, announced new additions to their teams, and GoWest Credit Union Association announced the recipients of the 2025 GoWest Awards. New Hires: Recognitions: Promotions: Appointments: - [GLCU Foundation for Financial Empowerment Celebrates Successful “Week of Volunteering”](https://thecreditunionconnection.com/glcu-foundation-for-financial-empowerment-celebrates-successful-week-of-volunteering/): The GLCU Foundation for Financial Empowerment is proud to announce the impact of its yearly “Week of Volunteering” initiative. In honor of CU Kind Day, the GLCU Foundation organized a full week of volunteer opportunities for GLCU employees.  This year, on October 13th through the 17th, GLCU employees volunteered 400+ hours across 24 events during the Week of Volunteering. A total of 18 organizations were supported, including United Way of Lake County, Northern Illinois Food Bank, Give N Kind, the Bridge Teen Center, and more.  “We’re incredibly proud to expand our community outreach through an entire week of volunteering,” said Matthew Rizzie, […] - [Federal Reserve Action Causes Decline in CD Rates, Finds CD Valet Data](https://thecreditunionconnection.com/federal-reserve-action-causes-decline-in-cd-rates-finds-cd-valet-data/): CD Valet today revealed that of the rates CD Valet tracks, 11% decreased over the past 30 days (data as of 10/28/25). This movement was likely in anticipation of the Federal Open Market Committee’s (FOMC) .25% reduction in interest rates, announced yesterday. “As expected, financial institutions have been dropping CD rates leading up to and following the Fed’s recent rate cuts,” said Mary Grace Roske, Head of Marketing & Communications for CD Valet. “Despite the overall rate reduction, there are opportunistic banks and credit unions that see the situation as a chance to stand out with higher rates and gain […] - [Westerra Credit Union Launches 2025-2026 School Grant Program](https://thecreditunionconnection.com/westerra-credit-union-launches-2025-2026-school-grant-program/): Educators Across Colorado Invited to Apply by November 21 For the first time, Westerra Credit Union (Westerra) opened its School Grant Program to educators across all of Colorado. The initiative – which has contributed roughly $550,000 to more than 1,000 schools in the Denver area over the last decade – strives to enhance students’ learning experiences by providing financial support for classroom materials, art supplies, sports fees and equipment, after-school programs and other resources deemed beneficial. Educators from early childhood through grade 12 are invited to apply for the 2025-2026 school year grant cycle now through November 21, 2025. Westerra’s team carefully reviews each […] - [Houston Methodist Nurse Honored with New Award; $10,000 Gift to Hospital Announced](https://thecreditunionconnection.com/houston-methodist-nurse-honored-with-new-award-10000-gift-to-hospital-announced/): PrimeWay Healthcare Community Credit Union presented the inaugural Vital Impact Award to Lynn Garcia, LVN (Transplant – Pre Post Liver), of Houston Methodist. The award recognizes a healthcare professional who demonstrates compassion, excellence, and humanitarian service. As the 2025 honoree, Ms. Garcia will receive a cruise for two, and PrimeWay will donate $10,000 to the Houston Methodist Foundation in Garcia’s name. Garcia’s colleagues describe her as a calming leader and problem-solver who “makes people feel seen, heard, and cared for,” and who intuitively steps in when others are struggling. One coworker recalled a personal loss; before being asked, Lynn quietly […] - [Cardinal Credit Union Unveils New Branch, Modernized for the Future](https://thecreditunionconnection.com/cardinal-credit-union-unveils-new-branch-modernized-for-the-future/): Branch Opens November 3; Grand Opening and Ribbon Cutting Ceremony Set for November 13 Cardinal Credit Union, the official credit union of the Cleveland Browns, announced today the opening of its new Willoughby branch, conveniently located at 37203 Euclid Ave. The new standalone facility will provide a modern member experience using the latest technology and will also house the company’s training department. Willoughby marks the second Cardinal branch to be fully modernized in 2025.   The new branch is designed to offer an enhanced, seamless experience that bridges the convenience of online banking with the personal touch of in-branch service, including […] - [Transforming Digital Banking Engagement: 2025 Digital Impact Awards Recognize Data and AI-Powered Growth](https://thecreditunionconnection.com/transforming-digital-banking-engagement-2025-digital-impact-awards-recognize-data-and-ai-powered-growth/): Awards Recognize Data and AI-Powered Growth Five credit unions honored for leveraging AI, analytics, and personalization to deliver measurable member engagement and revenue impact. DeepTarget Inc. in partnership with Access Softek announced the five finalists and the grand prize winner of their annual Digital Impact Awards during the Access Softek Client Conference held in Jackson Hole, Wyoming earlier this month. The Digital Impact Awards honor credit unions that are redefining member engagement through intelligent, data-driven digital experiences. The finalist credit unions achieved exceptional results through innovative, data-driven digital campaigns using DeepTarget’s Digital Experience Platform (DXP) within Access Softek’s digital banking environment. The 2025 […] - [Alloya Receives 2025 Kim Bannan Eternal Flame Award](https://thecreditunionconnection.com/alloya-receives-2025-kim-bannan-eternal-flame-award/): Alloya Corporate Federal Credit Union is honored to be a recipient of the 2025 Kim Bannan Eternal Flame Award. The award, named after California’s Credit Unions’ late vice president of credit union development and research and information, recognizes efforts that contribute to the success and future of Shapiro Group credit unions. The award highlights the vital role Alloya plays in helping smaller credit unions thrive by offering knowledgeable, dependable and member-focused services tailored to their unique needs. Through its cooperative model, Alloya provides access to expert guidance, cutting-edge technology and back-office solutions that would otherwise be out of reach for […] - [DCUC Applauds FCC Action to Modernize Consumer Protection Rules](https://thecreditunionconnection.com/dcuc-applauds-fcc-action-to-modernize-consumer-protection-rules/): The Defense Credit Union Council (DCUC) today commended the Federal Communications Commission (FCC) for advancing proposed reforms under the Telephone Consumer Protection Act (TCPA), calling the action a “positive step forward” for defense credit unions and the millions of service members, veterans, and their families they serve.  “These reforms recognize a fundamental truth,” says Jason Stverak, DCUC Chief Advocacy Officer. “When financial institutions such as our nation’s credit unions need to contact members about critical account security, fraud alerts, or emergency notifications, the regulatory framework must be practical, transparent, and workable.”  The FCC’s proposed updates—clarifying consent protocols, streamlining opt-out mechanisms, […] - [America’s Credit Unions Applauds FCC Proposal to Update TCPA Rules Following Persistent Advocacy](https://thecreditunionconnection.com/americas-credit-unions-applauds-fcc-proposal-to-update-tcpa-rules-following-persistent-advocacy/): Credit unions are one step closer to long-sought clarity under the Telephone Consumer Protection Act (TCPA), following the FCC’s vote to advance a proposal that reflects key recommendations from America’s Credit Unions, the only credit union trade association who actively engaged with the FCC and Congress on this issue from the very start. “The FCC’s proposed updates reflect the balance we’ve fought for, including protecting consumers while ensuring credit unions can communicate vital account information when it matters most,” said Jim Nussle, President and CEO of America’s Credit Unions. “Through consistent advocacy across administrations, we helped shape modern TCPA reforms that work for both consumers and community lenders, and […] - [Local Partnerships and Community Focus Mark EFCU Week in Elko](https://thecreditunionconnection.com/local-partnerships-and-community-focus-mark-efcu-week-in-elko/): Elko Federal Credit Union (EFCU) recently concluded its inaugural EFCU Week, focusing on local engagement, community service, and support for neighboring businesses throughout the area. As a not-for-profit cooperative dedicated to ensuring that local dollars remain within the field of membership, EFCU dedicated the week to active community participation rather than internal promotions. The week’s activities centered on supporting local organizations and businesses. EFCU provided donuts for the staff at five local elementary schools, a small gesture of encouragement for the educators. Also, EFCU supported two local establishments, Machi’s Saloon and Grill and Tacos Las Brisas, by purchasing lunch for patrons […] - [evolve FCU | Social Purpose community outreach event Spooktacular Screening at the movies](https://thecreditunionconnection.com/evolve-fcu-social-purpose-community-outreach-event-spooktacular-screening-at-the-movies/): evolve FCU hosted its 4th Social Purpose event of 2025 Spooktacular Screening at the movies event throughout the month of October. For the past four years evolve has hosted private movie screenings for some of the local children’s organizations. This year was no exception as evolve hosted seven private screenings at Cinemark during October. Each screening included up to 47 movie tickets with a Refreshment drink and popcorn per person. The films that were shown for the screenings included Bad Guys 2, Tron: Ares and Sketch respectively. The first Spooktacular Screening kicked off on October 7th where Lee & Beulah Moor Children’s Home got […] - [WalletHub Economic Index: Consumer Confidence drops 9% YOY](https://thecreditunionconnection.com/wallethub-economic-index-consumer-confidence-drops-9-yoy/): Recent volatility in the economy and the stock market, driven by tariffs and mass layoffs, has led to a plunge in consumer confidence. In fact, consumers feel over 9% less confident about their financial outlook this month than they did one year ago, according to the latest WalletHub Economic Index, released today. While this is the seventh-sharpest yearly drop in consumer confidence recorded since December 2020, consumer sentiment is only at its 18th-lowest point in the past five years. Source: WalletHub “People who have low financial confidence are likely to spend less money, make fewer large purchases, and pay down less […] - [Alkami Releases ‘Women in Banking’ Report Revealing Digital Banking Preferences Among Female Account Holders](https://thecreditunionconnection.com/alkami-releases-women-in-banking-report-revealing-digital-banking-preferences-among-female-account-holders/): Insights into strategies that financial institutions can deploy to attract and retain the next generation of wealth-holding women Alkami Technology, Inc. today announced the release of its latest report, First Beneficiaries: How Financial Institutions Can Serve Women Through Inherited Wealth; building upon the findings from the national research study1 conducted in partnership with Jason Dorsey and The Center for Generational Kinetics (CGK). The report explores the unprecedented wealth transfer, now estimated at $124 trillion, anticipated to transfer hands in the next 25 years, and the role women will play in managing their family’s finances as well as what financial institutions should consider to retain those banking […] - [Freedom First Announces CEO Retirement and Selection of New CEO](https://thecreditunionconnection.com/freedom-first-announces-ceo-retirement-and-selection-of-new-ceo/): Freedom First Credit Union would like to announce the retirement of Paul Phillips, President and CEO. After 25 years of dedicated service, Phillips plans to retire effective December 31, 2026. Under Phillips’ leadership, Freedom First has grown stronger, expanded to serve new markets, and continued to put our members and the communities we serve at the forefront of everything we do. “We’re grateful for Paul’s impactful leadership, vision, and the strong foundation he’s built for the future,” said David Lowen, Chair of the Freedom First Board of Directors. “Paul’s dedication to serve our members and the community is one of […] - [Credit union student loans are about to bust wide open - home improvement loans, too!](https://thecreditunionconnection.com/credit-union-student-loans-home-improvement-loans/): A major transformation is brewing in the student lending world, and credit unions are right in the middle of it. During her latest conversation on The Credit Union Connection, Sarah Snell Cooke sits down with Vince Passione, CEO of LendKey, to unpack how the Big Beautiful Bill will upend federal student loan programs and what it means for members and credit unions preparing for what comes next. What begins as a policy discussion quickly turns personal. Vince talks about how the upcoming changes will narrow student loan repayment options and eliminate key programs like Grad PLUS loans. The result could […] - [Gemineye Announces Gesa Credit Union as Latest Data Lakehouse Client](https://thecreditunionconnection.com/gemineye-announces-gesa-credit-union-as-latest-data-lakehouse-client/): The powerhouse credit union chooses Gemineye for its client-first values and responsive, intuitive data analytics platform. Credit union and community bank data analytics provider Gemineye is excited to announce its partnership with Gesa Credit Union, a $6.4B financial institution and one of Washington state’s largest credit unions. With 45 branches across the Pacific Northwest, Gemineye’s newest client prioritizes the members and communities they serve while expanding their footprint, winning Newsweek’s Best Regional Banks & Credit Unions Award two years in a row.  Gesa Credit Union is committed to making a positive impact in the communities we serve and helping our […] - [LAFCU Breaks Ground on New Drive-up Teller Site in Perry](https://thecreditunionconnection.com/lafcu-breaks-ground-on-new-drive-up-teller-site-in-perry/): New ITM/ATM location strengthens local access to banking for Perry residents and businesses On a brisk, sunny October morning, LAFCU leaders joined local officials and community partners, to celebrate the groundbreaking of a new Interactive Teller Machine (ITM) development in Perry, Michigan that will bring expanded services to the area. An ITM combines the convenience of an ATM with the personal service of a live teller, allowing members to conduct many in-branch transactions — such as deposits, withdrawals, transfers, account inquires, and loan payments — through a video connection with a remote LAFCU teller during business hours, plus 24/7 ATM […] - [SchoolsFirst Federal Credit Union Opens New Branch in Burbank](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-opens-new-branch-in-burbank/): New location extends credit union’s footprint to 71 branches in California SchoolsFirst Federal Credit Union opened a new branch in the city of Burbank, extending its footprint to 71 branches in California. Serving the Los Angeles and greater San Fernando Valley, more than 10,000 SchoolsFirst FCU Members live within seven miles of this location.  “When we open a new branch, our strategy is rooted in our mission to deliver World-Class Personal Service to our Members. Each new location is thoughtfully established to enhance Member access, offer greater convenience and personal service to empower our Members in managing every aspect of their […] - [Members Trust of the Southwest Federal Credit Union Selects Mahalo Banking to Enhance Digital Experience Through Deep Core Integration](https://thecreditunionconnection.com/members-trust-of-the-southwest-federal-credit-union-selects-mahalo-banking-to-enhance-digital-experience-through-deep-core-integration/): New digital banking platform allows credit union to deepen core integration and deliver modern financial tools Members Trust of the Southwest Federal Credit Union (‘Members Trust’) has selected Mahalo Banking to power its next-generation digital banking platform. The credit union has partnered with Mahalo for its deep core integration and its ability to deliver a secure, intuitive, and member-first digital banking experience. Members Trust sought a digital partner that could maximize the value of its Corelation Keystone core through tight integration to enable scalable innovation that supports long-term growth. Mahalo’s solution provides robust, native digital functionality without the need for multiple […] - [American Eagle to Host Free “Fraud Seminar & Resource Event” ](https://thecreditunionconnection.com/american-eagle-to-host-free-fraud-seminar-resource-event/): Protect Yourself and Loved Ones from Scams This Holiday Season on November 12 in East Hartford & Online As the holiday season approaches, so does an increase in financial scams targeting consumers, especially seniors. To help protect the community, American Eagle Financial Credit Union is hosting a free, three-hour “Fraud Seminar & Resource Event” on Wednesday, November 12 from 10 a.m. to 1 p.m., at the American Eagle Financial Center in East Hartford. This event combines brief expert presentations with a resource fair, allowing attendees to speak directly with representatives from local, state, and federal agencies about preventing and responding to scams. Experts will share […] - [Belco Community Credit Union Strengthens Digital Banking Performance through Strategic Partnership with Alkami](https://thecreditunionconnection.com/belco-community-credit-union-strengthens-digital-banking-performance-through-strategic-partnership-with-alkami/): Collaboration delivers 88% digital adoption, improved mobile application ratings, and top-tier member satisfaction scores Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”) today announced that Belco Community Credit Union (Belco) has renewed and expanded its partnership with Alkami to further accelerate its digital transformation and enhance member engagement. Since implementing Alkami’s Digital Banking Platform in 2017, Belco has evolved its approach from delivering capabilities digitally to a deeply collaborative, data-informed partnership – centered on leading with a member-first mindset. This evolution was catalyzed by a Strategic Alignment Workshop conducted by Alkami, designed to strengthen communication, identify opportunities for deeper Platform utilization, and establish a […] - [American Heritage Credit Union Recognized as One of the 2025 Healthiest Employers in Pennsylvania](https://thecreditunionconnection.com/american-heritage-credit-union-recognized-as-one-of-the-2025-healthiest-employers-in-pennsylvania/): This Recognition Celebrates Companies That Invest in the Health of Their Associates American Heritage Credit Union (“American Heritage”) has been named one of 2025’s Healthiest Employers in Pennsylvania, placing 6th in the midsized employers category. Healthiest Employers is a nationally recognized awards program that celebrates organizations committed to supporting associate health and wellness through innovative benefits and health initiatives. This is American Heritage’s seventh year in a row being recognized as a Healthiest Employer. This recognition highlights American Heritage’s commitment to the health of its associates. American Heritage offers several health and wellness initiatives throughout the year, including healthy cooking demonstrations, […] - [Ellis Elementary Wins $10,000 LAFCU Innovation for Education Grant](https://thecreditunionconnection.com/ellis-elementary-wins-10000-lafcu-innovation-for-education-grant/): Grant supports calming spaces, flexible seating, and sensory tools to help students thrive Ellis Elementary School was awarded the 2025 $10,000 LAFCU Innovation for Education (LIFE) Grant, enabling the K–2 school to expand its efforts to create calming, supportive environments for students. The celebration took place Oct. 24 at Ellis Elementary School in Belding, where LAFCU representatives presented the grant to school counselor Nicole Stoner and staff. The LIFE Grant, part of LAFCU’s Pathway to Financial Transformation initiative, is awarded annually to one Michigan K–12 school that proposes an innovative solution to enhance student learning and growth. This year’s award allowed […] - [Defense Credit Union Council Responds to CFPB Interpretive Rule Clarifying FCRA Preemption](https://thecreditunionconnection.com/defense-credit-union-council-responds-to-cfpb-interpretive-rule-clarifying-fcra-preemption/): The Consumer Financial Protection Bureau (CFPB) has issued an interpretive rule clarifying that the Fair Credit Reporting Act (FCRA) generally preempts state laws that affect broad areas of credit reporting. The rule reaffirms Congress’s intent to establish uniform national standards for the credit reporting system and replaces the Bureau’s July 2022 interpretive rule, which was withdrawn in May 2025. The CFPB announced that this action aligns with its goal of issuing guidance that reduces, rather than increases, compliance burdens. Jason Stverak, Defense Credit Union Council (DCUC) Chief Advocacy Officer, stated, “Credit unions have always prioritized consumer protection and transparency. DCUC and our […] - [Retention Starts with Relationships: Coaching as the Key to Keeping Your Best Talent](https://thecreditunionconnection.com/retention-starts-with-relationships-coaching-as-the-key-to-keeping-your-best-talent/): When leaders make time to coach, they create the kind of culture people don’t want to leave. By Corlinda Wooden, president, Wooden Consulting People don’t leave jobs, they leave conversations that never happened. Coaching brings those conversations back to life. As leaders close out the year, retention once again rises to the top of the priority list, but the answer isn’t found in pay scales or perks. It’s in the quality of the relationships we build with our teams. Coaching transforms those relationships from transactional to transformational. It’s the difference between a manager who checks in and a leader who truly connects. […] - [AUX Continues Upward Trajectory, Adding 10 New Clients](https://thecreditunionconnection.com/aux-continues-upward-trajectory-adding-10-new-clients/): Aux is proud to announce the addition of 10 new clients. This growth reflects the rising demand for Aux’s specialized expertise in compliance, accounting, and fractional CFO services. These new partnerships include: Compliance:  CLEARWATER FCU  AMERICA’S CU  Accounting:  PEOPLE TRUST COMMUNITY FCU  SPACE AGE CU  BAYLOR HEATH CARE SYSTEM CU  CARO FCU  Fractional CFO Services:  HERITAGE FAMILY FCU  PIEDMONT ADVANTAGE CU  Accounting and Fractional CFO Services:  HOPEWELL FCU  Accounting and Compliance Services:  POINT WEST CU  With these new partnerships, Aux reinforces its dedication to delivering flexible, credit union–specific solutions that enhance efficiency and drive measurable results. As the credit union […] - [First Financial Federal Credit Union Supports Baltimore County Public Schools with $100,000 Legacy of Leadership Grant](https://thecreditunionconnection.com/first-financial-federal-credit-union-supports-baltimore-county-public-schools-with-100000-legacy-of-leadership-grant/): First Financial Federal Credit Union awarded a $100,000 Legacy of Leadership Grant to Baltimore County Public Schools (BCPS) in support of professional development programs and in recognition of the credit union’s long-standing partnership with the school system. The grant also serves to honor the leadership of First Financial Youth Outreach Manager, Cindy Jones, as she completes her tenure as President of the Education Foundation of BCPS.  “The First Financial FCU Legacy of Leadership Grant is a tremendous investment in Team BCPS staff and will provide us with an opportunity to strengthen and expand our training and development programs,” said BCPS […] - [First Harvest Credit Union Supports First Responders & Breast Cancer Awareness Efforts for CrossState's CU Kind Initiative](https://thecreditunionconnection.com/first-harvest-credit-union-supports-first-responders-breast-cancer-awareness-efforts-for-crossstates-cu-kind-initiative/): Initiative Aims to Spread Kindness and Service Throughout New Jersey and Pennsylvania First Harvest Credit Union (“First Harvest”) participated in the CrossState Credit Union Association’s CU Kind initiative through breast cancer awareness efforts and first responder appreciation deliveries. This initiative reflects the shared credit union philosophy of “people helping people.” First Harvest employees hosted a month-long Pink Ribbon Program benefiting the MD Anderson Cancer Center at Cooper, and made a dozen first responder appreciation lunch deliveries throughout the credit union’s footprint. To commemorate its 85th anniversary, First Harvest has committed to delivering more than 85 Acts of Kindness to its 48,000+ members […] - [Fintech and Credit Unions' Mutual Support Abound at TruStage Ventures Fintech Summit](https://thecreditunionconnection.com/fintech-and-credit-unions-mutual-support-abound-at-trustage-ventures-fintech-summit/): The cooperation and innovation in the room were palpable at TruStage Ventures Fintech Summit. And it’s just what credit unions need. Credit unions aren’t tech companies, but they do need fintechs’ offerings to survive and thrive in the modern financial services marketplace and beyond.  From Wide Open Ventures CEO/Founder LaMont Black’s explanation of people and credit unions’ journeys through AI to TruStage VP of Lending Business Corrin Maier’s closing remarks about how consumers are hurting right now, credit unions will not flourish without a hand up from their fintech partners – and vice versa. Acknowledging that reality makes the future […] - [Orion Financial Names Ben Mrva as Executive Vice President, Chief Operating Officer](https://thecreditunionconnection.com/orion-financial-names-ben-mrva-as-executive-vice-president-chief-operating-officer/): Orion Financial has named Ben Mrva as Executive Vice President, Chief Operating Officer. In this role, Mrva will oversee key operational areas of the $1.3 billion financial institution, guiding teams dedicated to advancing Orion Financial’s mission through innovation, efficiency, and exceptional member experiences. With more than two decades of experience in the credit union and community banking industries, Mrva brings a proven record of driving growth, optimizing operations, and leading organizational transformation. Before joining Orion Financial, he served as a national consultant to financial institutions and fintechs, helping organizations enhance operational performance and strategic alignment. “Ben embodies the type of leadership […] - [Corporate Central Energizes the Credit Union Movement at Inaugural Momentum Conference](https://thecreditunionconnection.com/corporate-central-energizes-the-credit-union-movement-at-inaugural-momentum-conference/): Corporate Central proudly hosted its debut Momentum: Insights, Innovation, and Connection conference October 7–9 at Chula Vista Resort in Wisconsin Dells and the energy was unmistakable. The event united credit union leaders, technology partners, and financial visionaries for an unforgettable experience focused on powering progress across the credit union movement. “Momentum was electric,” said Chris Felton, President/CEO. “Every session, every networking moment, and the energy in the room reminded me why our industry thrives on connection and collaboration.”  Conference Highlights:  · Dynamic keynote speakers, including Steve Rick, Dr. Lamont Black, Derek Deprey, and FBI John, challenged attendees to rethink the […] - [SavvyMoney Raises $225M to Accelerate Innovation for Financial Institutions](https://thecreditunionconnection.com/savvymoney-raises-225m-to-accelerate-innovation-for-financial-institutions/): Minority investment round brings together tech expertise, AI resources and a comprehensive bank network to validate and accelerate SavvyMoney’s growth  SavvyMoney announced a $225 million minority investment co-led by PSG and Canapi Ventures, with continued investment from Spectrum Equity. The investment will accelerate SavvyMoney’s product roadmap and go-to-market investments, enabling the company to better serve its core community of over 1,500 financial institutions. SavvyMoney has been a trusted partner for banks, credit unions and fintechs seeking to deepen consumer relationships through data-driven innovation. As a fast-growing market leader, SavvyMoney is just beginning to expand its portfolio potential. The company’s integrated platform […] - [Verity Credit Union Appoints Weatherli Holt as New CFO, Growing its Diverse Leadership Team ](https://thecreditunionconnection.com/verity-credit-union-appoints-weatherli-holt-as-new-cfo-growing-its-diverse-leadership-team/): Holt joins the credit union’s predominantly female, BIPOC leadership team, further strengthening representation of the communities it serves  Verity Credit Union today announced the appointment of Weatherli Holt as Chief Finance Officer. This appointment demonstrates Verity’s Commitment to building a diverse team that sets the standard for inclusive, socially responsible, and community-centered banking.  Holt brings more than 23 years of financial industry experience to Verity’s executive leadership team, including 11 years as a credit union CFO. Leveraging her dynamic leadership style, she will oversee Verity’s financial strategy, investments and asset management, and technology and process optimization. Her deep CFO expertise positions her to […] - [IFCU Launches New Brand Identity to Power Members’ Financial Futures](https://thecreditunionconnection.com/ifcu-launches-new-brand-identity-to-power-members-financial-futures/): Industrial Federal Credit Union (IFCU) is rolling out a new brand identity this fall, marking the update with a campaign across traditional and digital media. The refresh includes a redesigned logo and a sharpened brand position aimed at connecting with more audiences, highlighting competitive advantages and strengthening engagement with diverse communities.  The updated logo reflects an approachable and modern credit union ready to meet the expectations of today’s members. Its geometric design features a person within a gear, symbolizing both personalization and industry, while a chevron shape at the base points upward to suggest growth and progress.  IFCU’s new tagline, […] - [i2c Marks 25 Years of Firsts—Accelerating Next-Generation Banking and Payments Innovation](https://thecreditunionconnection.com/i2c-marks-25-years-of-firsts-accelerating-next-generation-banking-and-payments-innovation/): New Partnerships, Global Expansion, and Award-Winning Technology Define a Milestone Year i2c Inc. proudly marks its 25th anniversary, celebrating a quarter-century of innovation, trust, and transformation. Over the past year, i2c has continued its upward trajectory, forging strategic partnerships, launching groundbreaking products, and earning prestigious industry accolades—all powered by its unified platform, configurable solutions, and trusted industry ingenuity. “At i2c, we’ve always believed in driving banking and payments technology to a higher standard. From day one, we focused on building—not buying—our technology, engineering it from the ground up for superior scalability, reliability, and adaptability,” said Amir Wain, Founder and CEO […] - [From Rural Towns to City Blocks, Credit Unions Are Building Access and Trust](https://thecreditunionconnection.com/from-rural-towns-to-city-blocks-credit-unions-are-building-access-and-trust/): Wrapping up a successful MAXX 2025, GoWest and partners look forward to successful year ahead Credit union professionals from states across the U.S. and New Zealand gathered in Portland for MAXX 2025. The event saw $1.5 million raised for Children’s Miracle Network (CMN) Hospitals at the Credit Unions for Kids (CU4Kids) Night of Wonder. It also wrapped up a successful year where credit unions made incredible impacts in their communities, through housing initiatives, volunteerism, and advocacy on behalf of credit union members.  “After an incredibly successful MAXX 2025, I am in awe of credit unions, our staff, sponsors, and business […] - [CD Valet Releases CD Yield Curve Analysis, Finding Meaningful Differences in CD Rate Strategies by Institution Asset Size](https://thecreditunionconnection.com/cd-valet-releases-cd-yield-curve-analysis-finding-meaningful-differences-in-cd-rate-strategies-by-institution-asset-size/): CD Valet today released its latest CD yield curve analysis, offering a granular look at CD rate dynamics across the market. CD Valet found stark differences in CD pricing across asset size segments, with institutions under $500 million tending to offer the most competitive rates, particularly for 12-month CDs. “Our recent CD yield curve analysis confirmed that, as expected, smaller banks and credit unions tend to offer the highest rates, both to drive deposits and reward customers,” said Mary Grace Roske, Head of Marketing & Communications for CD Valet. “In fact, as asset size increases, overall rate competitiveness tends to […] - [Automating Income Verification: The First Step in Cashflow Analytics for Credit Unions](https://thecreditunionconnection.com/automating-income-verification-the-first-step-in-cashflow-analytics-for-credit-unions/): By Brian Reshefsky, CEO of EDGE  As fintechs and digital-first competitors leverage cutting-edge technology to streamline operations, many credit unions still rely on manual processes that create friction for both staff and members. Automating income verification represents the perfect entry point into cash flow analytics, offering credit unions a low-risk, high-reward opportunity to modernize lending operations while building the foundation for sophisticated data-driven decision-making. The Hidden Cost of Manual Verification Traditional income verification creates significant pain points. Processing delays extend loan approvals from hours to days, potentially losing members to faster competitors. Staff burnout occurs as loan officers spend countless […] - [Lake Trust Takes Action to Support Local Communities at Eighth Annual Powered by Good Day](https://thecreditunionconnection.com/lake-trust-takes-action-to-support-local-communities-at-eighth-annual-powered-by-good-day/): 322 team members from the Brighton-based credit union volunteered at over 39 local nonprofit organizations, including Gleaners Community Food Bank, Kenzie’s Be Café, Clothing INC and more Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, supported 39 Michigan-based nonprofit organizations as part of its eighth annual Powered by Good Day. A total of 322 Lake Trust team members volunteered their time throughout the day and the Lake Trust Foundation donated a sum of $39,000 to participating nonprofits.  “Powered by Good Day has become a beloved tradition and an opportunity for […] - [Alloya Receives 2025 Auto Finance Excellence Award for Execution of Historic ABS Deal](https://thecreditunionconnection.com/alloya-receives-2025-auto-finance-excellence-award-for-execution-of-historic-abs-deal/): Alloya Corporate Federal Credit Union was honored to be a recipient of the 2025 Auto Finance Excellence Award, presented by Auto Finance News, the automobile industry’s leading information resource, during the 21st Annual Auto Finance Excellence Awards at the Auto Finance Summit 2025 in Las Vegas, Nevada on October 16, 2025. These awards honor individuals and organizations that have demonstrated outstanding achievement and leadership in advancing the auto finance industry and its community.  “This year’s honorees demonstrate the ingenuity and leadership driving the future of auto finance,” said JJ Hornblass, Publisher of Auto Finance News. “Their contributions strengthen the industry’s foundation of trust, […] - [UPDATE: NCUA Announces New Date for Public Budget Hearing](https://thecreditunionconnection.com/update-ncua-announces-new-date-for-public-budget-hearing/): The National Credit Union Administration has announced a new date for its public hearing on the staff draft budget for 2026-2027. The public hearing will be held on November 5, 2025, at 1:00 p.m. Eastern at NCUA headquarters in Alexandria, Virginia. NCUA also noticed the budget hearing in the Federal Register The NCUA published the 2026–2027 staff draft budget in the Federal Register on September 29, 2025. The deadline for written comments on the staff draft budget has been extended until November 7, 2025. The proposed budget can be found on the Budget and Supplementary Materials page on NCUA’s website.  The public budget […] - [America’s Credit Unions Applauds Bipartisan Congressional Support to Preserve the CDFI Fund ](https://thecreditunionconnection.com/americas-credit-unions-applauds-bipartisan-congressional-support-to-preserve-the-cdfi-fund/): America’s Credit Unions today commended Sen. Mike Crapo (R-Idaho) and Rep. Young Kim (R-Calif.) for leading a bicameral letter urging the U.S. Department of the Treasury and the Office of Management and Budget to preserve the Community Development Financial Institutions (CDFI) Fund and ensure it remains effectively staffed and resourced following the federal government shutdown.  The letter, signed by more than 100 Republican Members of Congress, underscores the CDFI Fund’s vital role in supporting economic development in rural and underserved communities across the nation.   “We deeply appreciate the leadership of Senator Crapo, Representative Kim, and every lawmaker who has lent their […] - [Credit Unions Step Right Up and Dazzle for a Good Cause, Raising Hope for Children’s Miracle Network Hospitals](https://thecreditunionconnection.com/credit-unions-step-right-up-and-dazzle-for-a-good-cause-raising-hope-for-childrens-miracle-network-hospitals/): The Credit Unions for Kids legacy continues to change lives, reminding us why credit unions exist: to care for people first. Credit union leaders and business solutions partners gathered in Portland for an unforgettable evening that went beyond fundraising to fuel hope. Raising a record-breaking $1.53 million for Children’s Miracle Network (CMN) Hospitals located across the GoWest Credit Union Association region, the night reaffirmed the purpose behind the Credit Unions for Kids (CU4Kids) movement. Born in the GoWest region nearly four decades ago, CU4Kids has grown into the credit union movement’s national “charity of choice,” channeling the cooperative spirit into […] - [First Harvest Credit Union Celebrates Grand Opening of New Camden County Location with Community & Member Give Backs](https://thecreditunionconnection.com/first-harvest-credit-union-celebrates-grand-opening-of-new-camden-county-location-with-community-member-give-backs/): $3,500 Donation to Eastern Regional High School & $1,000 in Member Giveaways First Harvest Credit Union (“First Harvest”) celebrated the grand opening of its newest full-service branch, located at 6 Haddonfield-Berlin Road in Voorhees, on the border of Voorhees and Cherry Hill Townships. This new location features drive-thru access and expanded member services. The event featured several member and community giveback initiatives, including: $1,000 scholarship for Eastern Regional High School, $2,500 donation to support the high school’s robotics program, and $1,000 in gift card giveaways to promote local businesses. Leading up to the official grand opening, First Harvest also offered […] - [PenAir Credit Union to Purchase Service 1 Federal Credit Union Branch in Mobile, AL](https://thecreditunionconnection.com/penair-credit-union-to-purchase-service-1-federal-credit-union-branch-in-mobile-al/): PenAir Credit Union (PenAir) has agreed to purchase certain assets related to Service 1 Federal Credit Union’s (Service 1 FCU) branch in Mobile, Alabama.  The transaction between the Michigan-based Service 1 FCU and Florida-based PenAir is expected to be completed by Jan. 1, 2026, and includes assets related to the operation of the Service 1 FCU facility in Mobile, Alabama. Branch employees also will become part of the PenAir organization.  “The Gulf Coast has been our home since 1936, and we’re excited to deepen our roots with the Service 1 FCU Mobile branch, employees, and members,” said Lee Morgan, president […] - [GReminders Integrates with Osaic Institutions, Bringing AI Scheduling and Notetaking to Banks and Credit Unions](https://thecreditunionconnection.com/greminders-integrates-with-osaic-institutions-bringing-ai-scheduling-and-notetaking-to-banks-and-credit-unions/): New partnership represents the only scheduling and artificial intelligence (AI) platform integrated with Osaic Institutions’ proprietary Infinet platform GReminders announced a new integration with Osaic Institutions, the bank and credit union-focused channel within Osaic, one of the nation’s largest providers of wealth management solutions. With the partnership, GReminders becomes the only scheduling and AI-driven notetaker app to integrate and work natively alongside Infinet, Osaic Institutions’ proprietary platform. The integration enables seamless functionality and access to GReminder’s AI-powered tool suite within Infinet’s CRM, Client Central, which supports more than 250 financial institutions nationwide and more than 750 financial professionals. The Institutions partnership builds […] - [TrueCar Continues DrivenToDrive Initiative, Partners with wear blue: run to remember, to Honor Military Sacrifice](https://thecreditunionconnection.com/truecar-continues-driventodrive-initiative-partners-with-wear-blue-run-to-remember-to-honor-military-sacrifice/): TrueCar, Inc. (NASDAQ: TRUE) announced the continuation of its DrivenToDrive initiative, now in its eighth year. For 2025, TrueCar renews its partnership with wear blue: run to remember, a nonprofit organization dedicated to honoring the service and sacrifice of military members who have died while serving or as a result of their service. Together, TrueCar and wear blue will award a brand-new vehicle to a deserving veteran, active duty servicemember or Gold Star and Surviving family member, reflecting a shared commitment to honor the sacrifice and enduring strength of the military community. Since its launch in 2017, DrivenToDrive has donated 11 […] - [Credit Unions Announce Promotions, New Hires & Appointments](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-paho-who-fcu-cfo-coo-appointed-to-northern-virginia-community-college-board/): Three credit unions, including FORUM Credit Union and Members First Credit Union, announced promotions within their organizations, and the CFO/COO of PAHO/WHO Federal Credit Union was appointed to the Northern Virginia Community College Board. New Hires: Promotions: Appointments: - [Yet another banker-backed survey finding exactly what you’d expect](https://thecreditunionconnection.com/yet-another-banker-backed-survey-finding-exactly-what-youd-expect/): America’s Credit Unions holds its nose to respond to the BS By Sarah Snell Cooke, Founder/CEO, The Credit Union Connection The American Bankers Association is that frenemy that wants to wake the sleeping baby, which is really the one in charge and makes things happen. And that’s credit unions. The ABA-backed Morning Consult survey states that credit unions are tax-dodging, under-regulated institutions that somehow pose an existential threat to the $25 trillion banking industry.  ‘Majority of U.S. Consumers Think Congress Should Hold Credit Unions Accountable,’ the headline screams. So dramatic. America’s Credit Unions isn’t taking their sometimes-lobbying-partner’s BS. The Survey: A […] - [UMassFive Supports Displaced UMass Students](https://thecreditunionconnection.com/umassfive-supports-displaced-umass-students/): Following the November 7 fire that displaced 230 students at Olympia Place, (an off-campus apartment complex primarily serving University of Massachusetts Amherst students,) UMassFive College Federal Credit Union (UMassFive) stepped forward to assist the community it has long supported. “When we heard about the fire, we knew that both as a credit union with deep roots serving UMass, and simply as members of this community—we needed to help,” said Craig Boivin, Vice President of Marketing at UMassFive. “It’s getting cold, budgets are tight, and many of these students lost all of their belongings. We heard that the UMass Amherst Student […] - [AmFirst Honored as Wells Fargo Outstanding Corporate Citizen at National Philanthropy Day Celebration](https://thecreditunionconnection.com/amfirst-honored-as-wells-fargo-outstanding-corporate-citizen-at-national-philanthropy-day-celebration/): AmFirst has been named the 2025 Wells Fargo Outstanding Corporate Citizen by the Association of Fundraising Professionals (AFP) Alabama Chapter, in celebration of National Philanthropy Day. This annual event honors the impact of philanthropy in Alabama and recognizes organizations that elevate giving as a way of life. Selected from a distinguished group of nominees and nominated by United Way of Central Alabama, AmFirst was recognized for its unwavering commitment to transforming communities through generosity, volunteerism, and advocacy. The credit union’s achievements exemplify the theme of National Philanthropy Day: making the world better starts with purposeful giving in local communities. In […] - [Loyalty Credit Union Launches New Virtual Assistant Named Lumi](https://thecreditunionconnection.com/loyalty-credit-union-launches-new-virtual-assistant-named-lumi/): Loyalty Credit Union today announced the official launch of Lumi, its new virtual assistant powered by Eltropy. Developed to be the Credit Union’s best, supportive finance friend, Lumi offers members instant, clear and genuinely supportive financial guidance, moving beyond traditional, abstract artificial intelligence to deliver human-centric digital service. Lumi’s unique personality and supportive tone were specifically designed to demystify complex financial topics and make member interactions feel simple and encouraging. “We recognized that while members seek instant digital answers, they don’t want to chat with a cold, generic algorithm,” said Park Broome, president and CEO. “Lumi is the result of […] - [WOCCU Climate Finance Study Takes Center Stage at United in Sustainability Summit](https://thecreditunionconnection.com/woccu-climate-finance-study-takes-center-stage-at-united-in-sustainability-summit/): 8th Annual UIS Summit hosted in Montreal by United Nations Federal Credit Union (UNFCU) World Council of Credit Unions yesterday presented the results of a just-released study identifying success factors for credit unions in climate finance, capacity building, funding and regulatory frameworks at the 8th Annual United in Sustainability (UIS) Summit for the credit union industry in Montréal, Canada. Hosted by United Nations Federal Credit Union (UNFCU), the summit provides a platform for credit unions, their leagues and associations and partners globally to share best practices, actionable ideas and new resources on sustainability. This year’s theme is local impact on a global scale, with […] - [Southland Credit Union Selects Eltropy Through Partnership with Alkami](https://thecreditunionconnection.com/southland-credit-union-selects-eltropy-through-partnership-with-alkami/): Credit union to deploy text messaging and AI-powered conversations platform across lending, collections, and member service teams Eltropy today announced that Southland Credit Union (Southland) has selected Eltropy’s unified conversations platform through its partnership with Alkami Technology, Inc. Southland will initially launch Eltropy’s text messaging capabilities within its lending and collections teams before expanding to AI-powered chatbot and live chat functionality across the organization. This phased approach will enable Southland to expand its communication channels and enhance operational efficiency across multiple business units. “Our partnership with Eltropy marks another important milestone in Southland’s digital transformation journey,” said Chris Burns, Executive Vice President & […] - [New Report Finds Most Banks Unprepared for AI Due to Data Quality Gaps](https://thecreditunionconnection.com/new-report-finds-most-banks-unprepared-for-ai-due-to-data-quality-gaps/): A new report commissioned by KlariVis, a leading performance intelligence platform built for financial institutions, and conducted by Cornerstone Advisors, a leading provider of business and technology consulting services for banks, credit unions and fintech firms, reveals that most community banks and credit unions are not yet equipped to leverage artificial intelligence fully. The report notes inadequate data quality and infrastructure emerging as the primary barriers. The study, titled “Improving Your Financial Institution’s Data Execution Quality (EQ),” surveyed more than 120 financial institutions to assess how effectively they manage and use data across critical business functions. The findings show that the […] - [Unitus Community Credit Union Opens the Unitus Financial Resource Center at Woodburn](https://thecreditunionconnection.com/unitus-community-credit-union-opens-the-unitus-financial-resource-center-at-woodburn/): New facility will serve as a branch, financial education center, and community resource Unitus Community Credit Union has opened the Unitus Financial Resource Center at Woodburn, expanding bilingual financial services and community resources for families, small businesses, and local partners. Located at 2951 Stacy Allison Way in Woodburn, the new facility includes a Unitus branch that is open for walk-in service only until appointment scheduling becomes available in early December. A formal grand opening celebration is planned for February 7, 2026. The new center reflects Unitus’ commitment to advancing access, strengthening community partnerships, and creating opportunity for members throughout the region. […] - [How Zirtue and TruStage Ventures Are Reimagining the Future of Lending One Friendship at a Time](https://thecreditunionconnection.com/trustage-zirtue-p2p-loans/): “I don’t have enough to make my car payment, but my mom can help, so I’ll send her a loan request through Zirtue.” When Dennis Cail said that during our latest episode of The Credit Union Connection, it immediately captured what makes his company so compelling. Who hasn’t been on one side of that conversation, either asking for a quick loan or hoping to quietly get paid back? Zirtue, the fintech Dennis co-founded, has turned that awkward family exchange into a seamless, automated process that pays bills directly and keeps relationships intact. It’s smart, human and just the kind of […] - [Everwise Credit Union Celebrates the Holidays by Giving Back](https://thecreditunionconnection.com/everwise-credit-union-celebrates-the-holidays-by-giving-back/): To get in the spirit of giving, Everwise Credit Union recently donated $25,000 to local hunger relief organizations in Johnson, Hamilton, and St. Joseph counties (Indiana) ahead of the holiday season. This week, Trisha Smith, Everwise VP, Marketing, and Adam Young, Everwise Area Manager, presented a $10,000 check to Great Harvest Food Pantry in New Whiteland. Additionally, Adam joined Cole Mitchell, Manager of Everwise’s Westfield branch, and Kasey Bridges, Assistant Manager of Everwise’s Carmel Drive branch, at the Hamilton County Harvest Food Bank in Cicero to deliver another check for $10,000. The mission of the Great Harvest Food Pantry is to create access to […] - [Members First Credit Union Empowers Michigan Educators Through Joy in Teaching Grants](https://thecreditunionconnection.com/members-first-credit-union-empowers-michigan-educators-through-joy-in-teaching-grants/): Members First Credit Union (M1) is proud to support Michigan educators with its 2025 Joy in Teaching Grants. Forty teachers from 10 counties will each receive $500—$20,000 in total—to bring creative classroom ideas to life, increase accessibility for all students, and inspire learning across the state.  Joy in Teaching Grants are fueling curiosity, creativity, and inclusion in classrooms across Michigan. Educators are bringing STEM to life with hands-on experiments, robotics, drones, and interactive kits that spark critical thinking. Teachers are also creating inclusive learning environments with wobble chairs, sensory tools, flexible seating, and adaptive materials to help all students thrive. […] - [DCUC Joins National Coalition Urging FCC to Strengthen Anti-Robocall Protections](https://thecreditunionconnection.com/dcuc-joins-national-coalition-urging-fcc-to-strengthen-anti-robocall-protections/): The Defense Credit Union Council (DCUC) has joined a broad coalition of leading financial trade associations and consumer protection organizations in filing a joint letter with the Federal Communications Commission (FCC) regarding its obligations under the Telephone Robocall Abuse Criminal Enforcement and Deterrence (TRACED) Act. The coalition includes ACA International; America’s Credit Unions; American Bankers Association; American Financial Services Association; Bank Policy Institute; Defense Credit Union Council; Independent Community Bankers of America; Mortgage Bankers Association; National Council of Higher Education Resources; Student Loan Servicing Alliance; and National Consumer Law Center. The joint filing urged the FCC to strengthen its evaluation and oversight […] - [RAI Partners Announces Strategic Partnership with PenFed Credit Union](https://thecreditunionconnection.com/rai-partners-announces-strategic-partnership-with-penfed-credit-union/): Nation’s Second-Largest Credit Union Implements Acceptance Program to Retain Members and Drive Revenue RAI Partners today announced a strategic partnership with PenFed Credit Union to implement a comprehensive acceptance program helping one of the nation’s largest credit unions retain members who are declined for credit cards. The collaboration addresses a critical industry challenge: preventing members from leaving their credit union after a credit decline to seek financial solutions elsewhere. PenFed Credit Union serves more than 2.9 million members worldwide and manages over $31 billion in assets. The partnership demonstrates the credit union’s commitment to member retention and innovative solutions that keep members […] - [Climb Credit Union Named a Winner of the U.S. Top Workplaces for Frontline Workers 2026 Award](https://thecreditunionconnection.com/climb-credit-union-named-a-winner-of-the-u-s-top-workplaces-for-frontline-workers-2026-award/): Climb Credit Union has been awarded a Top Workplaces 2026 honor by Top Workplaces for Frontline Workers. This recognition marks Climb’s first award in the Frontline Workers category, celebrating the essential role of employees who directly serve members each day. This achievement builds on Climb’s continued success. The credit union has also been named a Top Workplace by The Denver Post for two consecutive years (2024 and 2025). The Top Workplaces for Frontline Workers list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential survey uniquely measures the employee experience […] - [Whitepaper Reveals Intelligent Revenue Automation Generates $116.44 Per Digital User in Incremental Revenue](https://thecreditunionconnection.com/whitepaper-reveals-intelligent-revenue-automation-generates-116-44-per-digital-user-in-incremental-revenue/): Financial institutions can deliver targeted communications that generate an average of $116.44 in incremental annual product revenue per digital user. DeepTarget Inc. today released its new whitepaper, $116.44 Per User – Part 1: The Proven Revenue Value of Data & AI-Driven Digital Engagement. This report, the first of a two-part series, quantifies the revenue opportunity hiding within everyday digital interactions and presents the blueprint for automated growth. The whitepaper finds that a financial institution with 100,000 digital users missed out on $11.6 million in annual product revenue. This significant revenue leak results from relying on outdated, “spray-and-pray” strategies built around broad […] - [BAFS Launches Blueprint Advantage to Accelerate Credit Union Commercial Lending Growth](https://thecreditunionconnection.com/bafs-launches-blueprint-advantage-to-accelerate-credit-union-commercial-lending-growth/): Consultative framework equips credit unions to deepen member relationships and strengthen community impact through commercial lending  Business Alliance Financial Services (BAFS) today announced the launch of its Blueprint Advantage, a consultative, data-driven framework designed to help credit unions build, expand, and optimize commercial lending programs. The Blueprint Advantage gives credit unions a clear, strategically guided path to create a competitive commercial portfolio. Business lending remains a largely untapped market for credit unions despite growing demand for diversified revenue and more holistic member service. Credit unions collectively hold around 11% of all commercial loans, while community banks account for roughly 67% of loans. The […] - [DCUC Welcomes Tri-Cities Community (Tri-CU) Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-tri-cities-community-tri-cu-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Tri-Cities Community (Tri-CU) Credit Union as its newest member. Tri-CU Credit Union is a federally chartered credit union founded in 1969 by the International Brotherhood of Electrical Workers Local 112. The credit union’s name at that time was IBEW #112 Federal Credit Union, and its membership was restricted to the electricians and their families. In early 1983, the credit union’s charter was changed to include any person living or working in Kennewick, and in 1986, the name was changed to Kennewick Community Federal Credit Union. In August 2009, the name was then changed to […] - [B-M S Federal Credit Union brings QCash’s digital life event lending to members.](https://thecreditunionconnection.com/b-m-s-federal-credit-union-brings-qcashs-digital-life-event-lending-to-members/): B-M S Federal Credit Union’s Fast Cash program offers members fast funds when they need it. In the effort to ensure members receive funds when they need them, B-M S Federal Credit Union (B-M S FCU) has introduced their Fast Cash small-dollar lending program by digital lending partner QCash. The partnership enables B-M S FCU serve more members while adding convenience and security to gain digital access to small-dollar loans when life’s unexpected emergencies arise. Fast Cash offers an automated mobile small-dollar loan program featuring an application process that includes decisioning and deposit into the applicant’s account in under 60 […] - [Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted](https://thecreditunionconnection.com/accounts-remain-protected-by-share-insurance-fund-member-services-uninterrupted/): The National Credit Union Administration today placed Copper & Glass Federal Credit Union in Glassport, Pennsylvania, into conservatorship. Member services will continue while the NCUA works to resolve issues affecting the credit union’s operations. Member deposits at Copper & Glass Federal Credit Union remain protected by the National Credit Union Share Insurance Fund. Administered by the NCUA, the Share Insurance Fund insures individual accounts at Copper & Glass Federal Credit Union up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts […] - [Gather Federal Credit Union Selects Tyfone’s nFinia® Digital Banking Platform](https://thecreditunionconnection.com/gather-federal-credit-union-selects-tyfones-nfinia-digital-banking-platform/): Credit union modernizing digital banking services with advanced security and instant payment capabilities Digital banking solutions provider Tyfone today announced Gather Federal Credit Union will be launching Tyfone’s nFinia™ Digital Banking platform to power its next-generation mobile and online banking experience for retail and business members. The credit union cited the platform’s robust configurability, advanced security features, including Cryptographic Device Authentication (CDA), customizable user experience and comprehensive business banking capabilities as key factors in its decision. Headquartered on the island of Kauaʻi, Hawaiʻi, Gather FCU has more than $890 million in assets and 7 branch locations. The credit union is migrating to nFinia to […] - [Truliant Completes Strategic Real Estate Transaction to Elevate Member Service](https://thecreditunionconnection.com/truliant-completes-strategic-real-estate-transaction-to-elevate-member-service/): Truliant has successfully closed a real estate sale-leaseback transaction involving six of its properties in the Triad and Charlotte markets.  The move allows Truliant to strategically boost its capital position and free up equity in real estate to redeploy into high-priority initiatives, without needing to explore alternative funding sources.  “This agreement allows Truliant to strategically add to our strong net worth while elevating our capacity to serve our members,” said Truliant President and CEO Todd Hall. “As a fast-growing credit union, it provides us with additional liquidity to use for anticipated transformative and impactful projects.”  Truliant partnered with CU Capital […] - [Credit union leaders get real about what actually matters: Underground 2025 Collision of Contrasts](https://thecreditunionconnection.com/credit-union-leaders-get-real-about-what-actually-matters-underground-2025-collision-of-contrasts/): By Sarah Snell Cooke, founder/CEO, The Credit Union Connection If you want to know what credit union leaders are really thinking—not the polished keynote version, but the honest, unfiltered version—get yourself to The Underground. This year’s Underground Collision of Contrasts, which led into Money 20/20, delivered panel after panel of credit union CEOs, industry veterans and forward-thinking executives who weren’t afraid to talk about the messy, complicated reality of running a financial cooperative in 2025.  From the existential questions about mergers and identity to the practical challenges of teaching your staff to use data, these leaders covered it all with real […] - [Alkami and Spiral Partner to Power Personalized Savings and Giving Experiences to Digital Banking, Including Texans Credit Union ](https://thecreditunionconnection.com/alkami-and-spiral-partner-to-power-personalized-savings-and-giving-experiences-to-digital-banking-including-texans-credit-union/): Financial institutions can now grow deposits and primacy with Spiral’s solutions in Alkami’s Digital Banking Platform Alkami Technology, Inc. (Nasdaq: ALKT)  (“Alkami”) today announced a strategic partnership with Spiral, a fintech that transforms everyday banking into a powerful driver of savings and community impact. This partnership enables Alkami customers to add Spiral’s innovative tools to their digital banking experience, enabling account holders to automatically increase their savings and easily give back to their community directly through everyday purchases and banking accounts.  “Enhancing the digital experience for our members is a top priority for Texans Credit Union,” said Matt Moore, senior vice president, […] - [New Cornerstone Advisors Research Finds Community Banks and Credit Unions Only Halfway to Successfully Leveraging Their Data](https://thecreditunionconnection.com/new-cornerstone-advisors-research-finds-community-banks-and-credit-unions-only-halfway-to-successfully-leveraging-their-data/): Study finds most community financial institutions lack the data execution quality needed to succeed with AI. A new research report from Cornerstone Advisors, a leading provider of business and technology consulting services for banks, credit unions, and fintech firms, reveals that community-based financial institutions (FIs) are making progress in leveraging data but still have significant room to grow. The report, “Improving Your Financial Institution’s Data Execution Quality (EQ),” commissioned by KlariVis, introduces a framework for measuring how effectively financial institutions use data across five key functional areas. The results reveal that the average Data EQ score among more than 120 surveyed banks and credit […] - [Central State Credit Union Selects Mahalo Banking to Expand Digital Services, Strengthen Member Experience](https://thecreditunionconnection.com/central-state-credit-union-selects-mahalo-banking-to-expand-digital-services-strengthen-member-experience/): New partnership brings modern online and mobile banking platform with enhanced features for greater convenience and security Central State Credit Union (“CSCU”) has selected Mahalo Banking as its new digital banking provider, enabling the credit union to provide a modern, user-friendly experience for its members. The platform will provide Central State members with an array of services, including credit monitoring, integrated card controls, bill pay, and a fully navigable online and mobile interface. “Delivering an exceptional member experience has always been our top priority, and we’re thrilled to take it to the next level,” said Paul Kramer, President and CEO […] - [TopLine Financial Credit Union Members and Employees Bring Comfort to Those in Need This Winter](https://thecreditunionconnection.com/topline-financial-credit-union-members-and-employees-bring-comfort-to-those-in-need-this-winter-2/): TopLine’s Winter Gear Drive Benefits Local Communities TopLine Financial Credit Union held their annual Winter Gear Drive during the month of October benefiting local non-profits, Avenues for Youth, Karen Organization of Minnesota, MORE Community Services, Union Gospel Mission and YMCA of the North Youth and Family Services. TopLine members and employees generously donated winter gear items of youth and adult size jackets, boots, gloves, hats, scarves, socks and more to help bring warmth to those in need in our local communities. Employees were able to participate by donating winter gear items and money in exchange for a “Foundation Friday/Saturday” sticker, […] - [SAFE Credit Union to Combine with BECU](https://thecreditunionconnection.com/safe-credit-union-to-combine-with-becu/): Combination creates an even stronger financial cooperative for accelerated investment in member benefits and community impact BECU and SAFE Credit Union today announced they have signed a definitive agreement to combine, uniting two purpose-driven credit unions with a shared commitment to the financial well-being of their members and the communities they serve. Upon completion, the combined credit union will serve 1.8 million members and operate more than 80 locations under BECU’s charter, with more than $33 billion in assets, making it the fourth largest credit union by asset size in the U.S. Together, the combined organization will further the cooperative principle of […] - [Garden Savings Federal Credit Union Raises $15,000 For Big Brothers Big Sisters Of Coastal And Northern New Jersey](https://thecreditunionconnection.com/garden-savings-federal-credit-union-raises-15000-for-big-brothers-big-sisters-of-coastal-and-northern-new-jersey/): Garden Savings Federal Credit Union is proud to announce a successful fundraising effort that raised $15,000 to support Big Brothers Big Sisters of Coastal and Northern New Jersey. This achievement was made possible through their 13th Annual Golf Outing, which brought together industry professionals for a full day of golf, networking, and a shared dedication to vital community support.  “Our Annual Golf Outing demonstrates our dedication to helping those in need within our community,” said Mike Powers, CEO of Garden Savings FCU. “We are immensely grateful to our loyal participants, partners, and vendors who share our credit union mission of […] - [PenFed Foundation for Military Heroes Awards $25,000 Grant to Northern Virginia Vietnam Veterans Foundation to Support Local Veterans](https://thecreditunionconnection.com/penfed-foundation-for-military-heroes-awards-25000-grant-to-northern-virginia-vietnam-veterans-foundation-to-support-local-veterans/): The PenFed Foundation for Military Heroes is proud to announce a $25,000 grant to the Northern Virginia Vietnam Veterans Foundation (NVVVF) to expand emergency financial assistance programs for veterans and their families across Northern Virginia. NVVVF, founded in 2025, serves as the fundraising arm of Vietnam Veterans of America (VVA) Chapter 227, one of the region’s most respected and active veteran service organizations. The Foundation was created to increase fundraising capacity and ensure that 100% of donations and grants go directly to veterans in need with no salaries or administrative costs. A Partnership Focused on ActionThe $25,000 grant will fund emergency relief for critical needs, including housing, utilities, […] - [Lumio and Revio Insight Partner to Detect Relationship Erosion and Retain Business](https://thecreditunionconnection.com/lumio-and-revio-insight-partner-to-detect-relationship-erosion-and-retain-business/): Revio Insight and Lumio Solutions (Lumio) today announced a strategic partnership to help CFIs detect early signs of relationship erosion and intervene with timely, targeted actions. According to Cornerstone Advisors, eight in ten financial institutions still lack a unified view of customer and member relationships, limiting their ability to identify at-risk accounts, declining wallet share, or emerging competitive pressure. Revio Insight and Lumio address this gap by combining relationship intelligence and risk intelligence into a single view. Lumio simplifies the secure connection and transfer of customer transaction data, enabling Revio Insight to surface external account activity across deposits, lending, and investments. […] - [America’s Credit Unions Welcomes Patty Corkery to Board of Directors](https://thecreditunionconnection.com/americas-credit-unions-welcomes-patty-corkery-to-board-of-directors/): America’s Credit Unions Board of Directors has announced Patty Corkery will join the board as a league representative, effective Nov. 18, 2025. Corkery fills a vacancy on the board and was selected through a vote by League Presidents. Her term on the transition board will continue until February 2027, with an extended board term through February 2029. “America’s Credit Unions is excited to welcome Patty Corkery to our Board of Directors. Patty joins the board with a proven track record of advancing the credit union mission. As the President/CEO of the Michigan Credit Union League, she is instrumental in amplifying […] - [The Velera Payments Index: November 2025](https://thecreditunionconnection.com/the-velera-payments-index-november-2025/): Today, Velera published the November edition of the Velera Payments Index, revisiting a previous Deep Dive into the Money Services sector and checking in on the kickoff to the holiday spending season, which started with early October sales from the three largest retailers: Amazon, Walmart and Target. In October, consumer spending continued to show resilient growth, while consumer sentiment dropped to levels last seen in 2022 during the peak of the post-COVID inflationary period. The longest federal government shutdown in the country’s history, which lasted 43 days, ended Nov. 12. While Social Security and Supplemental Security Income (SSI) payments continued during the shutdown, there were […] - [Silver State Schools Credit Union Selects Chris Dickman as CFO](https://thecreditunionconnection.com/silver-state-schools-credit-union-selects-chris-dickman-as-cfo/): Silver State Schools Credit Union has selected Chris Dickman to serve as its new Chief Financial Officer (CFO).  “We are thrilled to welcome Chris to the team. His deep industry expertise and forward-thinking, servant-leader mindset will help Silver State Schools ensure our team is performing at its highest potential and delivering more value for our members through innovative solutions,” says Scott Arkills, President/CEO of Silver State Schools Credit Union. An experienced financial services executive, Dickman most recently served as Chief Financial Officer for Tidemark Federal Credit Union in Delaware. He has also held various senior level positions at Carolinas Telco […] - [Life Over Debt Wins Gold At The Anthem Awards](https://thecreditunionconnection.com/life-over-debt-wins-gold-at-the-anthem-awards/): New Orleans Firemen’s Federal Credit Union Earns Silver for Its Local Implementation Life Over Debt (LOD) has received a Gold Award in the 5th Annual Anthem Awards, which honor the world’s most purpose-driven projects in health, humanitarian action, and social impact. The Cancer Care Program at New Orleans Firemen’s Federal Credit Union (NOFFCU), built on the Life Over Debt model, received a Silver Award for its exceptional local delivery of this mission, offering debt relief, financial counseling, and emergency support to members fighting serious illness. Life Over Debt and NOFFCU’s Cancer Care Program were selected from over 2,000 submissions from 42 countries. Created by speaker and storyteller Andy Janning, Life Over Debt partners […] - [US Consumer Bankruptcy Filings Increased in October, Commercial Filings Dip](https://thecreditunionconnection.com/us-consumer-bankruptcy-filings-increased-in-october-commercial-filings-dip/): October consumer filings up 8% from September, commercial filings fall 13% Consumer bankruptcy filings rose 8% in October 2025 from September, for a total of 51,889 cases according to statistics obtained by G2 Risk Solutions (G2RS). Commercial filings fell 13% month-over-month in October to 1,043 cases. Year-over-year (YoY) October consumer filings were up 12.55%, with 2025 totals nearly 11% higher than 2024. Commercial filings ticked up 1.56% YoY for October but remained down 1% for the year. “The October data shows a continued squeeze on household finances, while commercial filings have softened and are down modestly for the year so far,” said Ryan […] - [Community First Credit Union to Acquire Substantially All Assets of First Southern Bank](https://thecreditunionconnection.com/community-first-credit-union-to-acquire-substantially-all-assets-of-first-southern-bank/): Community First Credit Union of Florida (“Community First”) and FSBH Corp. (“FSBH”) today announced a definitive agreement under which Community First will acquire substantially all of the assets and assume substantially all of the liabilities of First Southern Bank, headquartered in Waycross, Georgia. FSBH Corp. (OTCPK: FSBH) is the holding company for First Southern Bank. The transaction has been unanimously approved by the boards of directors of both institutions. Following the completion of the transaction, FSBH will liquidate and dissolve and distribute its remaining assets to its stockholders. When the acquisition is completed, Community First will have approximately $3.3 billion […] - [Affinity Federal Credit Union Introduces Medicare Planning Services in Partnership with MedicareCU to Support Members’ Healthcare Decisions](https://thecreditunionconnection.com/affinity-federal-credit-union-introduces-medicare-planning-services-in-partnership-with-medicarecu-to-support-members-healthcare-decisions/): Affinity Federal Credit Union today announced the launch of its new Medicare Planning Services, offered in partnership with MedicareCU, an independent insurance agency specializing in Medicare education and guidance for credit union members nationwide. This service is designed to help members understand their healthcare coverage options and choose the Medicare plan that best supports their personal and financial needs. Medicare coverage can vary significantly based on individual health needs, prescription costs, income level, and preferences for supplemental or Medicare Advantage plans. Many individuals find the enrollment process and plan differences confusing. Affinity’s new Medicare Planning Services provides members with access to […] - [Banking and Credit Card Customers Complacent on Fraud Protection, Gen Z Most Likely Victims, J.D. Power Finds](https://thecreditunionconnection.com/banking-and-credit-card-customers-complacent-on-fraud-protection-gen-z-most-likely-victims-j-d-power-finds/): Fraud Affected 29% of Bank Checking, Savings or Debit Account Holders and 24% of Credit Card Customers in Past 12 Months Despite the fact that more than one-fourth (29%) of bank customers and 24% of credit card customers have experienced some instance of fraudulent activity on their accounts in the past 12 months, many are still not taking any proactive measures to safeguard their accounts. According to the J.D. Power 2025 U.S. Financial Protection Satisfaction Study,SM released today, 23% of bank customers and 29% of credit card customers have not taken any security measures, such as reviewing their accounts, updating passwords […] - [Two Missouri Credit Unions Unite in Strategic Merger for a Stronger Future](https://thecreditunionconnection.com/two-missouri-credit-unions-unite-in-strategic-merger-for-a-stronger-future/): In a move to enhance value to members and deepen community roots, West Community Credit Union and Gateway Metro Federal Credit Union have announced the intent of a strategic combination of credit unions. This marks a significant milestone in the state’s cooperative banking landscape, bringing together decades of experience, shared values, and a unified vision for a stronger future.  The merger combines the strengths of two well-established credit unions, both headquartered in Missouri, and known for their member-first approach and commitment to financial empowerment.  “This is not about one credit union absorbing another,” said Jason Peach, President/CEO of West Community […] - [Veridian Pledges $300,000 to Support Affordable Housing Through Iowa Heartland Habitat for Humanity](https://thecreditunionconnection.com/veridian-pledges-300000-to-support-affordable-housing-through-iowa-heartland-habitat-for-humanity/): Veridian Credit Union has pledged $300,000 in a three-year commitment to the Iowa Heartland Habitat for Humanity’s “Building Community Together” initiative, a strategic collaboration to expand sustainable, community-driven solutions to housing affordability and neighborhood revitalization across Iowa’s Black Hawk, Bremer, Buchanan and Butler counties.  “We’re not just building homes – we’re creating conditions for lasting success,” said Ali Parrish, Executive Director of Iowa Heartland Habitat for Humanity. “Through ‘Building Community Together,’ we’re expanding our reach and deepening our impact with forward-thinking, lasting solutions.” The initiative is expected to enable the Iowa Heartland Habitat for Humanity to serve 419 families within […] - [Meritrust Credit Union, Division I Basketball Star Team Up in Latest Partnership](https://thecreditunionconnection.com/meritrust-credit-union-division-i-basketball-star-team-up-in-latest-partnership/): Meritrust Credit Union is proud to announce their partnership with Division I basketball player Carey Booth. Booth is currently a junior pursuing a bachelor’s degree in communications. “I’m excited to partner with Meritrust because they believe in educating and empowering people to make smart financial decisions,” said Booth. “As a student-athlete, I know how important it is to have the right support and resources to reach your goals—on and off the court.” This partnership will showcase Carey Booth’s personal journey, highlighting the importance of growth through financial well-being, a value Meritrust champions for all its members and communities it serves. […] - [America’s Credit Unions Thanks Administration, Congress for Rescinding CDFI Fund RIF](https://thecreditunionconnection.com/americas-credit-unions-thanks-administration-congress-for-rescinding-cdfi-fund-rif/): As the Trump Administration rescinded its government shutdown-induced reduction in force plans at the Community Development Financial Institutions Fund, America’s Credit Unions President/CEO Scott Simpson released the following statement: “On behalf of the nearly 500 CDFI-certified credit unions and their members, America’s Credit Unions thanks the administration for acknowledging the importance of the CDFI Fund and continuing its workforce. We are grateful to the congressional leaders who championed the fund and fought alongside us to protect it. Our unified advocacy made clear that communities across the country rely on CDFIs to spur business investment, innovation, affordable housing developments, and more. […] - [GECU Announces Intent to Acquire Bank of the Southwest, Expand in New Mexico](https://thecreditunionconnection.com/gecu-announces-intent-to-acquire-bank-of-the-southwest-expand-in-new-mexico/): Combined entity will provide more innovative financial solutions and services across Texas and New Mexico communities GECU announced that it has entered into a definitive agreement to acquire substantially all the assets and all the liabilities of Bank of the Southwest, a New Mexico-based bank operating in 11 locations throughout New Mexico, in an all-cash transaction. Following completion of the acquisition, which is subject to approval from the National Credit Union Administration (NCUA), the Federal Deposit Insurance Corporation (FDIC) and the New Mexico Financial Institutions Division, the combined entity is projected to emerge as a $4.7B organization serving more than […] - [MSUFCU Wraps Up Week-Long Pay It Forward Celebration with Acts of Kindness Across Michigan, Illinois](https://thecreditunionconnection.com/msufcu-wraps-up-week-long-pay-it-forward-celebration-with-acts-of-kindness-across-michigan-illinois/): MSU Federal Credit Union (MSUFCU) employees have spent the week of Nov. 9-15, 2025, spreading kindness throughout the communities they serve as part of the Credit Union’s annual Pay It Forward initiative. Held each November and rooted in MSUFCU’s long-standing core value of giving back to the community, the week of service coincides with the Credit Union’s 88th anniversary. What began during MSUFCU’s 75th anniversary milestone has grown into a multi-day celebration of generosity across all MSUFCU market areas. This year, employees contributed $8,800 in surprise-and-delight activities across Greater Lansing, Southeast Michigan, Detroit, Grand Rapids, and Traverse City, as well as […] - [US Community Credit Union Partners with Gemineye to Power a Data-Driven Future](https://thecreditunionconnection.com/us-community-credit-union-partners-with-gemineye-to-power-a-data-driven-future/): The credit union aims to improve their already established data analytics program through data unification, predictive analytics and AI, and reduction of manual processes. With $335 million in assets and four branches across Middle Tennessee, US Community Credit Union (USCCU) is investing in a modern data lake to strengthen its analytics foundation and support long-term growth – and they’ve chosen Gemineye as their partner.  The partnership between USCCU and Gemineye, who exclusively serves credit unions and community banks, will enable the credit union with a modern data lake platform that unifies data across the organization—improving accuracy, efficiency, and insight while […] - [BrightBridge Credit Union Supports Wreaths Across America](https://thecreditunionconnection.com/brightbridge-credit-union-supports-wreaths-across-america/): The credit union is supporting the national event through the North Andover VFW Post 2104 For the second consecutive year, BrightBridge Credit Union (BrightBridge) is proud to announce its sponsorship of 100 wreaths through Wreaths Across America in partnership with the North Andover Veterans of Foreign Wars (VFW) Post 2104. The wreaths will be placed on veterans’ graves at Ridgewood Cemetery (177 Salem Street, North Andover) on Saturday, Dec. 13, to honor those who have served and sacrificed for our nation. Wreaths Across America is a national initiative dedicated to remembering fallen veterans, honoring those who serve and teaching future generations about the […] - [Partnering Up: Westerra Credit Union To Contribute Over $100K To PEBC Teacher Preparation Programs](https://thecreditunionconnection.com/partnering-up-westerra-credit-union-to-contribute-over-100k-to-pebc-teacher-preparation-programs/): In a continued effort to uplift Colorado school teachers, Westerra Credit Union (Westerra) has partnered with Public Education & Business Coalition (PEBC), pledging $105K over two years to support its Teacher Residency Program, New American Pathway Program, Westerra-sponsored teacher residency scholarships and more. These programs provide high-quality training to aspiring teachers to help reduce the Colorado teacher shortage and ensure every student has access to an exceptional teacher. Earlier this month, PEBC hosted its Evening to Elevate Educators event, where over 300 community members celebrated educators at the Denver Museum of Nature & Science, raising more than $158,000 to support the organization’s programs. Kicking […] - [Citadel Credit Union Marks 25 Years of Honoring Educators During American Education Week](https://thecreditunionconnection.com/citadel-credit-union-marks-25-years-of-honoring-educators-during-american-education-week/): New survey shows the Heart of Learning Awards’ lasting impact on teachers, students, and communities. During American Education Week, Citadel Credit Union is proudly celebrating the 25th anniversary of its Citadel Heart of Learning Awards (CHOLA), a program that has recognized more than 430 local educators and distributed nearly $600,000 in grants to teachers across Greater Philadelphia. This milestone year is not just about looking back but about listening. To commemorate the anniversary, Citadel conducted a new survey of past award winners across six counties, revealing that CHOLA has had a measurable and lasting impact in classrooms and communities alike: […] - [Innovating for Financial Well-Being: OWF Backs Penny Finance](https://thecreditunionconnection.com/innovating-for-financial-well-being-owf-backs-penny-finance/): One Washington Financial Invests in Penny Finance to Bring Financial Planning to All Penny Finance today announced a strategic investment from One Washington Financial (OWF), the wholly owned holding company of WSECU. Accessible Financial Planning, For Everyone Penny Finance, a Credit Union Service Organization, makes building wealth simple. Through guided goals and an intuitive digital planner, Penny helps members understand their spending, grow their savings, eliminate debt, and start investing with confidence. Whether someone is just getting started, managing student loans, or planning for retirement, Penny offers jargon-free, judgment-free guidance that fits into everyday life—100% online. “Our mission has always been to […] - [MIDFLORIDA Credit Union Deepens Its Commitment to Financial Education Across Florida](https://thecreditunionconnection.com/midflorida-credit-union-deepens-its-commitment-to-financial-education-across-florida/): MIDFLORIDA Credit Union is celebrating another year of growth in its educational outreach efforts, reaffirming its long-standing belief that financial literacy is essential to the well-being of the communities it serves. With studies showing that fewer than one in three Americans can confidently answer basic financial questions, the credit union continues to expand its programs to ensure individuals of all ages have access to the tools and guidance they need to make informed financial decisions. As MIDFLORIDA grows, so does its dedication to education- an effort rooted in its mission as a member-owned cooperative. This year, MIDFLORIDA’s Gift of Reading […] - [TBACU Marks 70th Anniversary by Supporting Local Non-Profits](https://thecreditunionconnection.com/tbacu-marks-70th-anniversary-by-supporting-local-non-profits/): TBA Credit Union (TBACU) proudly celebrates a significant milestone: 70 years of dedicated service to its members and the community. In honor of this anniversary, TBACU expanded its annual Pay It Forward celebration by donating a total of $70,000 during the month of November. The Pay It Forward celebration has been a tradition at TBA Credit Union since 2015. The purpose is to provide random acts of kindness throughout the community during our anniversary month.  As part of this year’s initiative, TBACU invited local non-profits to apply for the grant by sharing their stories and explaining how their missions align […] - [Purdue Federal Credit Union Named Bank Of The Year By Regional Development Company](https://thecreditunionconnection.com/purdue-federal-credit-union-named-bank-of-the-year-by-regional-development-company/): Purdue Federal Credit Union (Purdue Federal) has been named Bank of the Year by the Regional Development Company (RDC), recognizing the credit union’s leadership in supporting local businesses and its ongoing commitment to helping communities thrive through accessible financial solutions.  The RDC, a Certified Development Company that administers the U.S. Small Business Administration (SBA) 504 Loan Program, celebrated a milestone year highlighted by record growth and expanded impact across Indiana and Illinois. Purdue Federal received the Bank of the Year honor after referring a loan totaling $2.6 million, demonstrating the credit union’s focus on connecting businesses with financing opportunities that […] - [Discovery Federal Credit Union Supports Breast Cancer Support Services of Berks](https://thecreditunionconnection.com/discovery-federal-credit-union-supports-breast-cancer-support-services-of-berks/): Throughout October, Discovery Federal Credit Union (Discovery FCU) demonstrated its commitment to the community by hosting several fundraising activities in recognition of Breast Cancer Awareness Month. The efforts supported the Breast Cancer Support Services (BCSS) of Berks County, a local nonprofit providing resources and guidance to individuals and families affected by breast cancer. During the month, Discovery FCU launched its new CU Rewards Program, which allows members using the Discovery Visa® Credit Card to use points a variety of reward options including charitable donations. To align with the organization’s community focus, members were encouraged to donate their reward points directly […] - [MSUFCU Desk Drawer Foundation Celebrates Donors and Accomplishments](https://thecreditunionconnection.com/msufcu-desk-drawer-foundation-celebrates-donors-and-accomplishments/): The MSUFCU Desk Drawer Foundation hosted its annual donor celebration Wednesday, Nov. 12, at the Credit Union’s headquarters in East Lansing.  More than 120 people attended the MSUFCU Desk Drawer Foundation Third Annual Donor Event, which featured food; live music; Zeke the Wonderdog; and remarks from DDF officials, MSUFCU leadership, and representatives from Grit Glam Guts, an empowerment program for teen girls in the Greater Lansing area. This year’s event was generously sponsored by TruStage.  Founded in 2019, the MSUFCU Desk Drawer Foundation focuses on five philanthropic pillars as it fulfills its mission to partner with donors to empower transformational change to make […] - [Redwood CU and SchoolsFirst FCU Host an International Delegation of Industry Leaders to Support the Global CU Movement](https://thecreditunionconnection.com/redwood-cu-and-schoolsfirst-fcu-host-an-international-delegation-of-industry-leaders-to-support-the-global-cu-movement/): Redwood Credit Union in Northern California and SchoolsFirst Federal Credit Union in Southern California welcomed more than 40 credit union leaders from across Africa to their respective headquarters for a multi-day Learn & Share Visit focused on collaboration, community impact and cultural exchange.  The visit was part of a U.S. tour organized by theAfrican Confederation of Co-operative Savings and Credit Associations (ACCOSCA), a Pan-African confederation representing national associations of Savings and Credit Cooperative Organizations (SACCOs), peer institutions to credit unions in the U.S. The delegation included the executive directors of the ACCOSCA and the African Cooperative Development Foundation — the philanthropic arm of ACCOSCA.  […] - [From Iceland to Brighton: How a Gilmore Girls Obsession Forced a Credit Union to Rewrite the Rules](https://thecreditunionconnection.com/from-iceland-to-brighton-how-a-gilmore-girls-obsession-forced-a-credit-union-to-rewrite-the-rules/): “They did more business over the Stars Hollow weekend, Friday, Saturday, Sunday, than their other location did the entire month of August.” Wait, what? A Gilmore Girls fan event in Brighton, Michigan, a town of perhaps 7,700 people, drew an estimated 60,000 people over three days. Think about that: a pop culture gathering, based on a show that ended years ago, became an economic event so massive it attracted visitors from across the country, Canada, and even as far away as Iceland. Nicole Paine, Business Development Manager at Lake Trust Credit Union, recounts the sheer wildness of being on the […] - [Henry Meier on the Government Shutdown, CFPB Chaos, and Why 50-Year Mortgages Are a Terrible Idea](https://thecreditunionconnection.com/henry-meier-on-the-government-shutdown-cfpb-chaos-and-why-50-year-mortgages-are-a-terrible-idea/): Welcome to the Latest Episode of “What Fresh Hell Is This?” The government shutdown is finally over (for now), the CFPB might be out of business by Jan 1 (yes, really), and someone at the FHFA thought 50-year mortgages were a good idea. If you’re feeling whiplash, you’re not alone. Credit union attorney Henry Meier recently sat down with Sarah Snell Cooke, co-founder/host/queen of The Credit Union Connection to break it down for credit unions. The Government Shutdown: Credit Unions to the Rescue (Again) The historically long government shutdown finally ended, and while the NCUA never had to close its […] - [American Heritage Credit Union Recognized with Three Awards by the Marketing Association of Credit Unions](https://thecreditunionconnection.com/american-heritage-credit-union-recognized-with-three-awards-by-the-marketing-association-of-credit-unions/): Recognized for Achievements in Marketing Automation, Email Marketing, and Member Experience American Heritage Credit Union (“American Heritage”) has been honored with three awards in 2025 by the Marketing Association of Credit Unions (“MAC”). American Heritage received Gold in the Member Experience category, Silver in the Marketing Automation category, and Bronze in the Email Marketing category. These awards were received at the annual MAC conference held in October. This was a record-breaking year for the MAC Awards, with more than 450 entries being submitted from nearly 100 credit unions across the country. A panel of expert judges reviewed each submission. In […] - [Charter Oak Federal Credit Union Announces New President/Chief Executive Officer](https://thecreditunionconnection.com/charter-oak-federal-credit-union-announces-new-president-chief-executive-officer/): Charter Oak Federal Credit Union’s Board of Directors is delighted to announce that Craig Knell has been appointed as the organization’s new President and Chief Executive Officer. He will succeed Brian Orenstein, who is retiring following 21 years of exceptional service and leadership. With over a decade of distinguished experience in banking, financial management, and regulatory oversight, Craig Knell brings a powerful combination of strategic vision, operational insight, and a people-centric leadership philosophy to the role. A U.S. Navy veteran, Craig Knell has built a career defined by integrity, service, and results. Prior to this appointment, he served as Chief Operating Officer […] - [CD Valet Highlights Seasonal Promotions to Help Savers’ Money Go Further](https://thecreditunionconnection.com/cd-valet-highlights-seasonal-promotions-to-help-savers-money-go-further/): Promotional offers are emerging as a strong tool for institutions to drive deposits in falling rate environment CD Valet is a digital marketplace that connects consumers with the best CD rates and terms nationwide. The company today shared competitive seasonal CD offers featured on its recently expanded digital marketplace, helping savers make the most of their money ahead of the holiday season. For instance, New Hartford, NY-based Utica Gas & Electric Employees FCU is now offering a 9-month CD at 5.10% APY with a $10,000 minimum deposit as part of its Thanksgiving promotion. As another example, St. Cloud Financial Credit Union has introduced a new […] - [GoWest Joins Backbone as Part Owner to Elevate Credit Union Voices](https://thecreditunionconnection.com/gowest-joins-backbone-as-part-owner-to-elevate-credit-union-voices/): Backbone coalition amplifies the impact of credit unions, highlighting real stories of financial empowerment and community investment GoWest Credit Union Association has become a part-owner and board member of the Backbone credit union coalition to amplify the voices and stories of credit unions that are transforming lives and communities. In line with the January declaration of 2025 as the Year of Financial Health, and as part of its commitment to making financial well-being accessible to all, GoWest is dedicated to sharing the powerful impact of credit unions. “We are thrilled to join the Backbone team at a new level. This is […] - [BrightBridge Credit Union Announces Steward Sponsorship of Groundwork Lawrence’s Annual Glow Gala](https://thecreditunionconnection.com/brightbridge-credit-union-announces-steward-sponsorship-of-groundwork-lawrences-annual-glow-gala/): BrightBridge Credit Union (BrightBridge) is honored to announce its Steward sponsorship of Groundwork Lawrence’s 2025 Glow Gala, set to take place on Thursday, Nov. 20, 2025. This partnership, which includes a donation of $5,000, reflects BrightBridge’s deep commitment to bolstering community-based organizations across the Merrimack Valley and beyond. Groundwork Lawrence, a nonprofit that was founded in 1999, has made measurable strides in transforming Lawrence and the surrounding communities through environmental stewardship, food-justice programs, workforce training and resident-driven community development. BrightBridge’s Senior Vice President & Chief Culture Officer Anthony Marino has been a member of Groundwork Lawrence’s Board of Directors for nearly 12 […] - [Royal Credit Union’s Money Donuts® Podcast Wins National Marketing Award ](https://thecreditunionconnection.com/royal-credit-unions-money-donuts-podcast-wins-national-marketing-award/): Royal Credit Union’s (Royal) Money Donuts® podcast was awarded at the Marketing Association of Credit Unions (MAC) annual conference as one of the most impactful and creative credit union marketing projects and campaigns across the nation. This year’s ceremony, held in Fort Lauderdale, Florida, was a celebration of the power of bold ideas and teamwork in driving credit union success. A record-breaking 458 entries from nearly 100 credit unions across the country were carefully reviewed by a panel of expert judges, recognizing the campaigns that made waves with their creativity, strategic vision, and member impact.  Royal Steals the Spotlight Under […] - [From Wildfire Recovery to Revival: Wescom Financial Commits to Eliminate $10 Million in Debt for SoCal Residents with ForgiveCo](https://thecreditunionconnection.com/from-wildfire-recovery-to-revival-wescom-financial-commits-to-eliminate-10-million-in-debt-for-socal-residents-with-forgiveco/): UCLA Women’s Basketball Coach Cori Close and Wescom Foundation Lend Efforts to Wescom Financial and ForgiveCo’s Debt Relief Initiative Wescom Financial is joining forces with ForgiveCo to erase $10 million in consumer debt for Californians residing in areas that were most heavily impacted by the Southern California wildfires that took place in earlier this year. With a focused effort in the Altadena and Pacific Palisades neighborhoods, this debt relief campaign will provide the first $5 million in financial relief to more than 2,000 residents. This effort is part of a multi-year commitment, with future impact moments set to come. The […] - [Three Credit Unions Announce Promotions; Community Choice Credit Union Announces Retirement of Board Member](https://thecreditunionconnection.com/three-credit-unions-announce-promotions-community-choice-credit-union-announces-retirement-of-board-member/): Three credit unions, including Maine State Credit Union and Members First Credit Union, announced promotions within their organizations, and Community Choice Credit Union announced the retirement of one of its long-time board members. Retirements: Promotions: - [White Clay, Curinos Collaborate to Embed Market Intelligence into Deal Pricing Tools](https://thecreditunionconnection.com/white-clay-curinos-collaborate-to-embed-market-intelligence-into-deal-pricing-tools/): Integration empowers bankers with smarter pricing, relationship, and profitability decisions amid tightening margins White Clay today announced a strategic collaboration with Curinos Inc., a provider of AI-driven decision intelligence technology for financial institutions.  This collaboration provides banks and credit unions with access to timely market benchmark data directly within White Clay’s suite of pricing, profitability, performance, and relationship deepening tools. The blend of competitive intelligence, combined with a comprehensive view of client relationships, delivers bankers the intelligence they need to make smarter pricing, relationship, and profitability decisions in today’s highly competitive environment. As financial institutions face margin compression, rising competitive intensity, […] - [Mazuma Credit Union Announces New Branch Location in Development with Reconciliation Services](https://thecreditunionconnection.com/mazuma-credit-union-announces-new-branch-location-in-development-with-reconciliation-services/): Branch to open in the RS Impact Exchange building at 31st and Troost Mazuma Credit Union’s President and CEO, Deonne Christensen, announced that the credit union will open a new location “in the heart of Kansas City’s east side” in 2026. Christensen delivered the news to an enthusiastic crowd during Reconciliation Services’ third annual Hike for Reconciliation event on Saturday, November 8th.  Mazuma has partnered for several years with Reconciliation Services, a Kansas City non-profit that addresses the root causes of poverty and trauma, Christensen remarked, including through volunteer engagement, a donation to the capital campaign that helped fund the […] - [DCUC Applauds Congressional Action to Reopen the Federal Government](https://thecreditunionconnection.com/dcuc-applauds-congressional-action-to-reopen-the-federal-government/): The Defense Credit Union Council, DCUC, applauds the U.S. House of Representatives for passing bipartisan legislation to reopen the federal government and restore pay certainty for America’s service members, Coast Guard, and federal employees. “This vote is a welcome relief to millions of military families and federal workers who have endured unnecessary uncertainty,” said Jason Stverak, DCUC’s Chief Advocacy Officer. “We thank Congress for acting to end the shutdown. However, this should be the last time our service members and Coast Guard personnel are used as political pawns in budget negotiations.” “We are grateful that Congress came together to re-open […] - [Financial Institutions Race to Adopt Generative AI in Lending, with 83% Boosting Budgets in 2026](https://thecreditunionconnection.com/financial-institutions-race-to-adopt-generative-ai-in-lending-with-83-boosting-budgets-in-2026/): New Celent research shows GenAI outpacing past lending tech revolutions in speed and scale of adoption A new industry report from Celent, commissioned by Zest AI, reveals that financial institutions are accelerating generative AI adoption at an unprecedented pace – findings that reinforce Zest AI’s strategic focus on lending intelligence solutions that balance speed, transparency, and regulatory compliance. The “Generative AI in Retail Lending” survey, conducted in August 2025, polled 106 U.S. banks, credit unions, and consumer finance companies and found that 83% of lenders plan to increase their consumer lending GenAI IT budgets in 2026, with 41% anticipating increases exceeding […] - [Greylock Federal Collects Donations to Support Local Food Pantries](https://thecreditunionconnection.com/greylock-federal-collects-donations-to-support-local-food-pantries/): Greylock Federal Credit Union is hosting a food drive to support local food pantries. All donations, which may be dropped off at any branch location through Dec. 31, 2025, will be matched with a monetary donation by the credit union. “We recognize that these are incredibly challenging times for so many in the Berkshires and beyond. At Greylock, we believe in showing up for one another in meaningful ways. If you have a little extra in your pantry or can pick up an extra item while shopping, please consider donating at one our branch locations. Every contribution helps make sure […] - [JetStream Federal Credit Union Honored with Sunshine Award by South Florida Hispanic Chamber of Commerce](https://thecreditunionconnection.com/jetstream-federal-credit-union-honored-with-sunshine-award-by-south-florida-hispanic-chamber-of-commerce/): JetStream Federal Credit Union is proud to announce that it has been honored with a Sunshine Award at the South Florida Hispanic Chamber of Commerce (SFLHCC) Annual Sunshine Awards, held on Friday, November 7, at the historic Biltmore Hotel. JetStream Federal Credit Union was nominated by Kristi House, a valued community partner dedicated to treating and preventing child sexual abuse, child trafficking, and other forms of childhood trauma. Kristi House’s Children’s Advocacy Center collaborates with seven partner agencies to meet the legal, medical, and emotional needs of child victims and to hold perpetrators accountable.  The nomination recognized JetStream’s ongoing commitment […] - [Space Coast Credit Union Donates $35,000 to American Red Cross for Disaster Relief](https://thecreditunionconnection.com/space-coast-credit-union-donates-35000-to-american-red-cross-for-disaster-relief/): Space Coast Credit Union (SCCU) presented a $35,000 donation to the American Red Cross to support local communities and aid disaster relief and recovery efforts, including the devastating effects of Hurricane Melissa in Jamaica and the Caribbean. “At Space Coast Credit Union, our mission goes beyond financial services. It’s about people helping people,” said Shane Hoyle, President and CEO of Space Coast Credit Union. “The American Red Cross plays an invaluable role in providing aid and care when people need it most, and we’re honored to contribute to their lifesaving mission. This donation reflects our shared commitment to helping people in their […] - [United Federal Credit Union Reinvests in Community with Ribbon Cutting Celebration at New Hendersonville South Branch](https://thecreditunionconnection.com/united-federal-credit-union-reinvests-in-community-with-ribbon-cutting-celebration-at-new-hendersonville-south-branch/): More than a year after the devastation from Hurricane Helene, United Federal Credit Union (United) celebrated the reopening of its Hendersonville South branch at a new location. United’s new branch at 855 Spartanburg Hwy officially opened on Monday, September 29, with a ribbon cutting happening on Monday, October 20. United had been operating only one branch in Hendersonville after its previous Hendersonville South location suffered flood damage in the September 2024 storm. As the community worked to rebuild, United dedicated itself to rebuilding right alongside. “We are excited to welcome members back to a second Hendersonville location,” said Michael Bridges, […] - [Ascentra Scholarship Program Offers $15,000 in Scholarships for 2026 School Year](https://thecreditunionconnection.com/ascentra-scholarship-program-offers-15000-in-scholarships-for-2026-school-year/): In 2026, a total of $15,000 in scholarships will be awarded to 15 Ascentra student members to help offset the costs of attending postsecondary education through a college, university or trade program. The program includes awards for three distinct types of students. To make it easier for applicants, Ascentra offers an online application process. Students can easily apply for scholarships by visiting ascentra.org/scholarships. In addition, Ascentra partners with several great local organizations that offer scholarships. We’ve shared some of those on our site to make it easier for applicants to find additional opportunities. Traditional and non-traditional students are judged on their […] - [CFPB Notifies Court it Cannot Lawfully Draw Funds from the Federal Reserve](https://thecreditunionconnection.com/cfpb-notifies-court-it-cannot-lawfully-draw-funds-from-the-federal-reserve/): The Consumer Financial Protection Bureau (CFPB) filed a notice informing the court in NTEU v. Vought that the Department of Justice’s Office of Legal Counsel (OLC) has determined that the Bureau may not legally request funds at this time from the Federal Reserve under Dodd-Frank. OLC made this conclusion on the basis that the Federal Reserve System currently lacks any “combined earnings” from which the Bureau may draw funding, as required by Dodd-Frank. OLC opinions are binding upon Executive Branch agencies including the Bureau. The Bureau anticipates having sufficient funds to continue operations until at least December 31, 2025. - [Students Encouraged to “Save More Thoughtfully”](https://thecreditunionconnection.com/students-encouraged-to-save-more-thoughtfully/): Marshall Community Credit Union (MCCU) and Marshall High School (MHS) are teaming up to inspire students to give back while they save for the annual “Save More Thoughtfully” promotion. From Friday, November 14, through Friday, December 12, 2025, the annual promotion will take place at the MHS CU in School branch. During the promotion, every deposit made by students and staff will be matched by MCCU—up to $25 per deposit—with the total matched funds donated to the LINKS and NEXUS programs at the high school. The LINKS and NEXUS programs foster connection, empathy, and leadership among students who serve as […] - [RCU Donates $59,000 to Expand Access to Healthy Food for International Credit Union Day](https://thecreditunionconnection.com/rcu-donates-59000-to-expand-access-to-healthy-food-for-international-credit-union-day/): More people will have food on their table thanks to the commitment of Redwood Credit Union and other credit unions. On October 16, RCU joined credit unions around the world in celebrating the spirit of the global credit union movement on International Credit Union (ICU) Day, a day for credit unions to raise awareness and reflect on their history and commitment to serving their members and communities. This year’s theme, “Cooperation for a Prosperous World,” recognizes how credit unions bring people together through shared purpose and support. To honor ICU Day, RCU supported local nonprofits focused on expanding access to healthy food: […] - [Addition Financial Credit Union Named First Legacy Club Member by FUTURES Foundation for Volusia County Schools](https://thecreditunionconnection.com/addition-financial-credit-union-named-first-legacy-club-member-by-futures-foundation-for-volusia-county-schools/): FUTURES Foundation for Volusia County Schools announced today the organization installed Addition Financial Credit Union as its first-ever Legacy Club Member, signifying a deepened partnership and ongoing commitment to advancing educational excellence throughout the district. In honor of the nonprofit’s 40th anniversary, FUTURES Foundation created the new Legacy Club level to recognize and sustain all-encompassing support for the organization’s programs and events. Through this partnership, Addition Financial has contributed $10,000 to support all FUTURES initiatives, including the Teacher of the Year program, Take Stock in Children Scholarship and Mentoring Program, Teacher Classroom Grants, Tomorrow’s Leaders, Teacher Resource Store, and more. “We are deeply grateful and excited for […] - [Modern Lending in a Challenging Economy, Using Data to Make Confident Decisions](https://thecreditunionconnection.com/modern-lending-in-a-challenging-economy-using-data-to-make-confident-decisions/): Alison Heller, Sales Director for Consumer Finance, Equifax Across the credit union landscape, affordability has become one of the defining challenges of 2025. Inflation, shifting interest rates, resumed student loan repayments, and slow wage growth continue to erode consumers’ disposable income, leaving many households struggling to balance everyday expenses with mounting debt obligations.  Against that backdrop, credit unions are seeing growing demand for unsecured personal loans as members look for alternative funding sources for major expenses, from auto and home repairs to tuition or medical bills. This trend highlights the ongoing need for flexible, member-centric lending options, as well as the […] - [Why Play Belongs in Leadership: Cynthia Campbell on Rediscovering Joy and Trust at Work](https://thecreditunionconnection.com/why-play-belongs-in-leadership-cynthia-campbell-on-rediscovering-joy-and-trust-at-work/): When Cynthia Campbell left her C-suite role to start her own company, she didn’t just change jobs. She changed how she lived. “I gave myself margin,” she told Sarah Snell Cooke during their conversation on The Credit Union Connection. “I finally put something in my life I never had before—time to play.” It’s a small statement that carries real weight. After years spent chasing goals and managing teams, Cynthia decided to slow down and make room for creativity. What she discovered reshaped how she thinks about leadership, communication, and connection. The interview that follows explores how play can unlock authenticity […] - [TCA Empowerment Center Powered by Firemen’s Federal Credit Union Opens to Seve the Community](https://thecreditunionconnection.com/tca-empowerment-center-powered-by-firemens-federal-credit-union-opens-to-seve-the-community/): Firemen’s Federal Credit Union is excited to announce the opening of the TCA Empowerment Center Powered by Firemen’s Federal Credit Union a new space dedicated to helping individuals and families in our community reach their financial goals.  The Empowerment Center was created to support those who may not have easy access to financial resources or guidance. Through this partnership with Total Community Action (TCA), the center will provide free financial coaching, credit and budget counseling, and educational workshops designed to build confidence and promote long-term financial stability. We also offer lending products and services to help with financial empowerment.  “At […] - [Bossier Federal Credit Union Selects Mahalo Banking to Modernize Digital Experience Alongside Core Conversion](https://thecreditunionconnection.com/bossier-federal-credit-union-selects-mahalo-banking-to-modernize-digital-experience-alongside-core-conversion/): Strategic digital banking partnership enhances member experience, streamlines operational efficiency  Bossier Federal Credit Union (‘Bossier FCU’) has chosen Mahalo Banking’s Thoughtful Banking® platform to deliver a modern, secure, and member-centric digital experience. The implementation will occur in tandem with the credit union’s conversion to the Corelation Keystone core system, marking a significant technology milestone. The upcoming launch will provide members with a secure and intuitive digital banking experience across both online and mobile channels. Mahalo’s platform will give Bossier FCU members a consistent, secure digital banking environment, designed to support seamless account management. Its native integration with Corelation Keystone will also […] - [MANTL Launches Application Comments to Accelerate Application Reviews and Strengthen Compliance](https://thecreditunionconnection.com/mantl-launches-application-comments-to-accelerate-application-reviews-and-strengthen-compliance/): New real-time collaboration feature gives bank and credit union teams a single, auditable source of truth, improving visibility, decision-making, and regulatory readiness MANTL today announced the launch of Application Comments, a powerful new feature that streamlines application reviews and enhances compliance oversight. With Application Comments, bank and credit union teams can add time-stamped, immutable notes directly within an application on the MANTL Platform, providing a complete, auditable record of every action, decision, and handoff in the application lifecycle.  MANTL continues to redefine how financial institutions create, review, and book applications, digitizing legacy workflows and replacing siloed communication with transparent collaboration. […] - [Summit Maximizes Federal Downpayment Plus Grants for Third Consecutive Year](https://thecreditunionconnection.com/summit-maximizes-federal-downpayment-plus-grants-for-third-consecutive-year/): For the third year in a row, Summit Credit Union has successfully awarded its full $1 million allocation in federal Downpayment Plus (DPP) grants. DPP grants, made available by the Federal Home Loan Bank of Chicago, offer up to $10,000 in forgivable assistance to first-time homebuyers for down payment and closing costs. To qualify, members must meet income guidelines, contribute at least $1,000 of their own funds, and complete a homeownership education course. “We’re proud of the many ways Summit helps members turn their dreams of homeownership into reality,” said Kim Sponem. “As the #1 mortgage lender in Wisconsin, this […] - [GLCU Completes CMECU Data Conversion](https://thecreditunionconnection.com/glcu-completes-cmecu-data-conversion/): Great Lakes Credit Union (GLCU) is proud to announce the completion of its data conversion with Chicago Municipal Employees Credit Union (CMECU). This data conversion marks the completion of CMECU’s merger with GLCU that was legally completed at the end of 2024. CMECU has brought $48 million in assets and more than 11,000 members to GLCU through the merger.  The merger provides CMECU members with a wider range of financial products and services, as well as a larger branch network, advanced digital banking technology, and access to financial education and counseling services through the GLCU Foundation for Financial Empowerment.  Additionally, CMECU members […] - [Agent IQ Enhances Fraud Prevention Capabilities with Integrated Risk-Based Authentication Platform from IDScan.net ](https://thecreditunionconnection.com/agent-iq-enhances-fraud-prevention-capabilities-with-integrated-risk-based-authentication-platform-from-idscan-net/): Agent IQ today announced the integration of IDScan.net‘s Digital Identity Verification (DIVE) technology into its Lynq® platform, giving relationship-focused financial institutions a way to stop fraud without sacrificing the human connection that sets them apart.  Community banks and credit unions are losing the fraud prevention battle. Sophisticated criminals exploit vulnerable one-time passcodes through phishing and SIM swap attacks, while rigid security measures damage the personal relationships these institutions depend on for competitive differentiation. It’s also costly. With identity theft losses reaching $47 billion in 2024, banks must rethink their approach to risk.   The IDScan.net integration embeds secure identity verification directly into Lynq, Agent IQ’s AI-powered relationship banking platform that helps banks and credit unions digitally engage […] - [PAHO/WHO Federal Credit Union Supports Sculpture Honoring Health Workers](https://thecreditunionconnection.com/paho-who-federal-credit-union-supports-sculpture-honoring-health-workers/): PAHO/WHO Federal Credit Union has proudly supported the creation of a new bronze sculpture honoring the resilience and dedication of health workers across the Americas during the COVID-19 pandemic.  Standing at the PAHO Headquarters in Washington, D.C., the sculpture serves as both a remembrance and a reminder: to honor those who sacrificed so much, and to inspire future generations to uphold the principles of dedication, service, and solidarity.  “Guided by our mission to help people live healthier financial lives, we were honored to make this sculpture a reality,” said Miguel Boluda, Jr., CEO of PAHO/WHO FCU. “This tribute reflects our […] - [DCUC Welcomes Desert Financial Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-desert-financial-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Desert Financial Credit Union as its newest member. Desert Financial is a not-for-profit cooperative, founded in 1939 by a small group of Arizona educators and now proudly serves more than 500,000 members throughout the state. With over $9 billion in assets and a network of more than 50 branches plus digital-banking access, Desert Financial combines local roots with modern convenience. As Arizona’s largest locally-based credit union, it remains committed to “Sharing Success,” supporting members, communities, and team members through financial education, personalized service, and meaningful outreach programs. “At Desert Financial, our mission has always […] - [DCUC Joins Financial Trades in Welcoming Bipartisan Agreement to End Government Shutdown](https://thecreditunionconnection.com/dcuc-joins-financial-trades-in-welcoming-bipartisan-agreement-to-end-government-shutdown/): The Defense Credit Union Council, DCUC, has joined leading financial trade associations in issuing a joint statement welcoming the bipartisan agreement to end the federal government shutdown. The statement shares the importance of restoring stability for federal employees, service members, and their families, as well as ensuring continuity across the financial system. “We are encouraged to see bipartisan cooperation to reopen the government and restore much- needed stability for our nation’s service members, federal employees, and their families,” says Anthony Hernandez, DCUC President/CEO. “Credit unions serving the defense community stand ready to continue supporting their members as operations return to […] - [Humanidei Welcomes Katy Zaleski as Leadership & Organizational Development Consultant](https://thecreditunionconnection.com/humanidei-welcomes-katy-zaleski-as-leadership-organizational-development-consultant/): Humanidei has announced the addition of Katy Zaleski as its new Leadership & Organizational Development Consultant. In this role, Zaleski will partner with credit unions across the country to design and deliver leadership development programs, facilitate strategic planning and governance workshops, and advance organizational effectiveness through people-centered transformation.  “Katy’s career is a testament to the power of people-focused leadership,” said Jill Nowacki, President & CEO of Humanidei. “She brings deep experience in culture transformation, leadership development, and human resources strategy, paired with a true passion for purpose-driven work. Her values align seamlessly with Humanidei’s mission of advancing people and purpose. […] - [American Eagle FCU Awards $27,876 to Pack Leaders Rescue of CT, Meriden Soup Kitchen, and Brian’s Angels Homeless Outreach](https://thecreditunionconnection.com/american-eagle-fcu-awards-27876-to-pack-leaders-rescue-of-ct-meriden-soup-kitchen-and-brians-angels-homeless-outreach/): Member-driven ‘Cash Back to the Community’ program empowers members to support local nonprofits, bringing total giving to more than $600,000 American Eagle Financial Credit Union (American Eagle) continues to strengthen local communities through its signature Cash Back to the Community program. This quarter, three local nonprofits—Pack Leaders Rescue of CT, Meriden Soup Kitchen, and Brian’s Angels Homeless Outreach—each received $9,292 in member-driven donations, bringing the program’s total giving to more than $603,000 since its launch in 2020. “Our mission goes beyond serving our members—it’s about strengthening the communities we call home,” said Howard Brady, American Eagle President & CEO. “With more families turning to […] - [Mid-Hudson Valley Federal Credit Union Selects Razi Qadri as President/CEO](https://thecreditunionconnection.com/mid-hudson-valley-federal-credit-union-selects-razi-qadri-as-president-ceo/): Mid-Hudson Valley Federal Credit Union (MHV) has selected Razi Qadri to serve as its new President and Chief Executive Officer (CEO). “We’re thrilled to welcome Razi to MHV, from the start he impressed us with his energy and ideas for growing the credit union while staying true to our roots and core values,” says Gary Anderson, MHV Board Chairman. “With his extensive background in financial services, strong connection to the credit union mission, and genuine passion for community, we are confident that Razi’s thoughtful leadership will guide MHV into an even brighter future.” Qadri brings over 20 years of leadership […] - [Five Ways Credit Unions Empower Women-Owned Businesses to Succeed](https://thecreditunionconnection.com/five-ways-credit-unions-empower-women-owned-businesses-to-succeed/): By Sheri Perkins, SVP & Chief Wealth Management Officer, Citadel Wealth Management Across the country, women are reshaping local economies by founding and operating businesses at record rates and driving job creation across every sector. According to the National Women’s Business Council, women-owned businesses now make up 39.2% of all U.S. enterprises, employing 12.9 million people and generating nearly $3.3 trillion in annual revenue. Yet even as their economic influence grows, women continue to face disproportionate barriers when it comes to access to capital and financial support. Credit unions, as not-for-profit, member-owned institutions, have a distinct structure that allows them to focus on […] - [Tucson Federal Credit Union Backs Tucson Greek Festival](https://thecreditunionconnection.com/tucson-federal-credit-union-backs-tucson-greek-festival/): Tucson Federal Credit Union (TFCU) today announced its Olympus Level sponsorship of the Tucson Greek Festival, the city’s one-day celebration of Hellenic food, music, dance, and culture taking place Friday, November 14, 2025, in downtown Tucson at 43 E Congress St. The Tucson Greek Festival has been a multi-decade Tucson tradition—originating at St. Demetrios Greek Orthodox Church, where it was held annually dating back to 1976—and it has historically drawn thousands of visitors. After a five-year pause tied to pandemic and venue changes, the festival returns downtown in 2025 with an expanded, one-night format designed to welcome even more of […] - [DCUC Strengthens Credit Union Collaboration and Leadership Across Midwest and Texas Regions](https://thecreditunionconnection.com/dcuc-strengthens-credit-union-collaboration-and-leadership-across-midwest-and-texas-regions/): The Defense Credit Union Council, DCUC, with cohosts Fort Sill Federal Credit Union and Tinker Federal Credit Union, successfully concluded the 2025 Midwest Subcouncil Conference held October 7–9, 2025, in Oklahoma City. The three-day event gathered credit union leaders from across the Midwest to explore key industry challenges and opportunities, foster collaboration, and strengthen the shared commitment to serving the financial needs of their local communities, especially military and veteran members. “Our Midwest Subcouncil embodies the collaboration and innovation that define DCUC and our unique founding,” said Anthony Hernandez, DCUC President/CEO. “Our Midwest Subcouncil was the first of our regional […] - [ASA Launches AI-Driven Suite to Help Credit Unions and Banks Strengthen Engagement, Simplify Data, and Deliver Smarter Financial Wellness Tools](https://thecreditunionconnection.com/asa-launches-ai-driven-suite-to-help-credit-unions-and-banks-strengthen-engagement-simplify-data-and-deliver-smarter-financial-wellness-tools/): ASA has unveiled a new suite of artificial intelligence–powered products – ASA Net Worth, ASA One View, and ASA Forecast – created specifically to help credit unions and banks address today’s toughest challenges: deepening user engagement, reducing friction in digital experiences, and driving financial wellness through data intelligence. As user expectations shift toward real-time visibility, personalized insights, and frictionless budgeting tools, many financial institutions are seeking technology partners that combine open finance connections and AI automation fully embedded inside of digital banking. ASA’s new solution helps credit unions and banks compete with big banks while maintaining the trust, community focus, and compliance that […] - [America’s Credit Unions Chief Economist Calls for “Mission-Driven” Cuts at NCUA Budget Hearing](https://thecreditunionconnection.com/americas-credit-unions-chief-economist-calls-for-mission-driven-cuts-at-ncua-budget-hearing/): By Lydia Wedlock, Editorial Assistant At the hearing for the NCUA’s proposed budget for 2026-2027, America’s Credit Unions Chief Economist Curt Long provided suggestions for how NCUA can make the proposed reductions to its budget without sacrificing its ability to fulfill its mission. NCUA Budget Proposal The NCUA’s proposed budget is $313.8 million, which is a 20.6 percent decrease from last year’s budget. Factors driving the decrease include reductions in the NCUA’s staff, budgets for employee travel, and budgets for contracted services. Comments From America’s CUs Long and America’s Credit Unions did generally agree that the NCUA needs a leaner workforce, but […] - [BECU Opens New Location in Stanwood, Washington](https://thecreditunionconnection.com/becu-opens-new-location-in-stanwood-washington/): BECU celebrated the opening of its newest Neighborhood Financial Center in Stanwood, Washington. The new, 3,000-square-foot location marks the credit union’s first in the Stanwood community, joining other nearby locations in Burlington and Marysville. With services like Video Banking and free, in-person seminars with BECU’s Financial Health team, the Stanwood location will support the credit union’s growing membership in the region. - [MSUFCU Kicks Off Annual Giving Tree Initiative Supporting Families in Michigan and Illinois](https://thecreditunionconnection.com/msufcu-kicks-off-annual-giving-tree-initiative-supporting-families-in-michigan-and-illinois/): This holiday season, MSU Federal Credit Union(MSUFCU) members, employees, and the community can embrace the spirit of giving by participating in MSUFCU’s annual Giving Tree, which benefits local nonprofits and youth throughout Michigan and Illinois. “The Giving Tree reminds us how much good can happen when a community comes together with compassion,” said Arianna Ridderbusch, MSUFCU Vice President of Community Impact. “Each gift represents a moment of kindness that carries far beyond the holidays. It strengthens families, uplifts our neighbors, and reflects the true spirit of the season.” Last year, employees, members, and the community donated 450 gifts and $770 across […] - [Citadel Credit Union Contributes Over $550,000 to Community Organizations in 2025](https://thecreditunionconnection.com/citadel-credit-union-contributes-over-550000-to-community-organizations-in-2025/): Enhanced philanthropic leadership helped broaden outreach, deepen regional relationships, and advance core community programs. In one of its largest community investment years yet, Citadel Credit Union directed more than $550,000 and extensive volunteer support to organizations working to strengthen prosperity and well-being across Greater Philadelphia. Citadel partnered with more than 30 organizations and participated in 121 community events, with employees contributing over 2,000 volunteer hours. More than 300 Citadel employees and their family and friends took part in the Children’s Hospital of Philadelphia (CHOP) Parkway Run and Walk, for which Citadel served as premier sponsor for the sixth year. The event raised more […] - [Robins Financial Credit Union Gives Back $20 Million to Members through Member Rebate](https://thecreditunionconnection.com/robins-financial-credit-union-gives-back-20-million-to-members-through-member-rebate-2/): Robins Financial Credit Union Gives Back $20 Million to Members Robins Financial Credit Union recently gave back $20 million to members through its Member Rebate program, reflecting the credit union’s ongoing commitment to sharing its success and supporting the financial well-being of the members it serves. Since 2017, through the Member Rebate program Robins Financial has rewarded more than $151 million to its members for their loyalty, highlighting its strong financial performance and dedication. The 2025 rebate further reinforces Robins Financial’s mission to be Member Focused, Financial Partners, Community Proud. “Our members are at the center of everything we do,” […] - [Merger of Digital Federal Credit Union and First Tech Federal Credit Union Overwhelmingly Approved by First Tech Members](https://thecreditunionconnection.com/merger-of-digital-federal-credit-union-and-first-tech-federal-credit-union-overwhelmingly-approved-by-first-tech-members/): First Tech Federal Credit Union members approve merger The membership of First Tech Federal Credit Union (First Tech) officially approved the previously announced merger with Digital Federal Credit Union (DCU). The organizations will legally combine on January 1, 2026, with First Tech and DCU expected to operate as independent divisions in 2026 under the First Tech Federal Credit Union name. The combined organization will hold $28.7 billion in assets, serve nearly two million members located across America, and operate more than 50 branches across eight states. This merger creates a nationwide financial cooperative that blends the strengths of two industry […] - [Credit Unions Unite to Present $48,000 to Children’s Miracle Network](https://thecreditunionconnection.com/credit-unions-unite-to-present-48000-to-childrens-miracle-network/): Donation Supports Life-Changing Care at Studer Family Children’s Hospital Credit unions from across Northwest Florida and the Gulf Coast came together at Studer Family Children’s Hospital on Friday December 5, 2025 to present a $48,000 donation to Children’s Miracle Network (CMN). The funds were raised through the inaugural Northwest & Gulf Coast Chapters Charity Scramble Golf Tournament and will directly support the purchase of the Tecotherm Cooling System for medically fragile newborns in the hospital’s Neonatal Intensive Care Unit. While the tournament brought together teams from credit unions, vendors, and community partners for a day of camaraderie and friendly competition, […] - [New Cumberland Federal Credit Union Selects Mahalo Banking for Phased Digital Transformation](https://thecreditunionconnection.com/new-cumberland-federal-credit-union-selects-mahalo-banking-for-phased-digital-transformation/): Credit union adopts phased rollout beginning with new loan application, ahead of full digital banking conversion planned for 2026  New Cumberland Federal Credit Union (‘NCFCU’) has chosen Mahalo Banking’s Thoughtful Banking® platform to expand its digital presence, elevate security, and deliver a more modern experience for members and staff. The partnership began with the launch of NCFCU’s new express online loan application, which Mahalo helped bring to market following the sunset of the credit union’s previous solution. NCFCU needed a seamless transition to ensure uninterrupted lending access for members, and Mahalo delivered this conversion to the new lending application in […] - [DCUC Calls for Removal of Lending Barriers for Veteran Entrepreneurs in Comments to House Small Business Committee](https://thecreditunionconnection.com/dcuc-calls-for-removal-of-lending-barriers-for-veteran-entrepreneurs-in-comments-to-house-small-business-committee/): The Defense Credit Union Council (DCUC) has submitted a letter to House Small Business Committee Chairman Roger Williams and Ranking Member Nydia Velázquez ahead of the hearing, “From Service to Startup: Empowering Veteran Entrepreneurs.” DCUC applauds the Committee’s leadership in highlighting the urgent need to expand access to capital for America’s military and veteran entrepreneurs. For more than 60 years, DCUC has represented credit unions serving servicemembers’, veterans’, and their families’ financial needs, and ensuring their financial readiness. DCUC urged the Committee to recognize the need to modernize the outdated Member Business Lending (MBL) cap, which limits federally chartered credit unions to […] - [BCU Named A Computerworld 2026 Best Place To Work In IT](https://thecreditunionconnection.com/bcu-named-a-computerworld-2026-best-place-to-work-in-it/): BCU has been ranked No. 2 among small organizations on Foundry’s Computerworld 2026 Best Places to Work in IT. This recognition highlights BCU’s belief that taking care of our people leads to better experiences for our members. From flexible work arrangements and inclusive culture to professional development and fun onsite perks, the Credit Union committed to helping employees thrive. “Empowering our team to be authentic and supported drives innovation and collaboration,” said Scott Zulpo, BCU Senior Vice President and Chief Technology Officer. “That’s how we deliver exceptional value to our members.” “It’s clear that AI is having a disruptive impact on IT operations and IT talent,” says Barbara Call, global director of content strategy […] - [DCUC Joins Financial Industry Coalition Urging Federal Reserve to Withdraw Proposed Regulation II Changes](https://thecreditunionconnection.com/dcuc-joins-financial-industry-coalition-urging-federal-reserve-to-withdraw-proposed-regulation-ii-changes/): The Defense Credit Union Council, DCUC, joined a broad coalition of leading financial services associations and organizations in submitting a joint letter to Ann E. Misback, Secretary of the Board of Governors of the Federal Reserve System. The coalition urged the Federal Reserve to withdraw its 2023 proposed amendments to Regulation II, citing ongoing legal uncertainty and outdated data used to support the proposal. The letter, signed by American Bankers Association; America’s Credit Unions; Association of Military Banks of America; Bank Policy Institute; The Clearing House; Defense Credit Union Council; Electronic Payments Coalition; Independent Community Bankers of America; and National Bankers Association, […] - [What the SC Ruling Could Mean for Credit Unions](https://thecreditunionconnection.com/what-the-sc-ruling-could-mean-for-credit-unions/): Henry Meier, The Law Firm of Henry Meier, Esq. Reporting on yesterday’s argument before the Supreme Court about whether the President has the power to remove the leaders of independent agencies, the Times declared that the Supreme Court “appeared ready to make it easier for President Trump to fire independent government officials.” Having listened to today’s argument, the Times lede is the equivalent of saying that a mummy seems to be dead.  While it can be dangerous to extrapolate too much from oral arguments, make no mistake about it: The Supreme Court will give the President expansive authority to remove the heads of […] - [NCUA Charters Haven Federal Credit Union](https://thecreditunionconnection.com/ncua-charters-haven-federal-credit-union/): New Credit Union Will Promote Homeownership and Financial Literacy The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Haven Federal Credit Union, located in Santa Clara, California. “Chartering a new credit union is a significant achievement. A new credit union means new opportunities, particularly in underserved communities,” NCUA Chairman Kyle S. Hauptman said. “Haven Federal Credit Union has set a goal of helping members with a fundamental need: homeownership. They plan partnerships with local organizations to provide members with financial literacy tools to help them realize their financial goals, including owning their own […] - [The Stablecoin Reckoning: Why 2026 Is the Year Credit Unions Can't Ignore Crypto Anymore](https://thecreditunionconnection.com/the-stablecoin-reckoning-why-2026-is-the-year-credit-unions-cant-ignore-crypto-anymore/): Remember when crypto was this exciting, new currency that was fun to dabble in? Credit unions must understand that those days are officially over. sFOX just dropped their 2026 predictions, and spoiler alert: Credit unions must find a way to deal with this whole digital asset thing. Get in the game or watch your deposits walk out the door. And they won’t be coming back. Here’s what sFOX Founder/CEO Akbar Thobhani sees coming for credit unions in the next 12-24 months and why ignoring it might be the most expensive decision you make this year: By the end of 2026, […] - [American Heritage Credit Union Committees Recognized with Award by Mastercard](https://thecreditunionconnection.com/american-heritage-credit-union-committees-recognized-with-award-by-mastercard/): The Kids-N-Hope Foundation, Adopt-A-Family Committee, and Green Team Were Recognized with Mastercard’s “Doing Well by Doing Good” Award American Heritage Credit Union (“American Heritage”) has been recognized with Mastercard’s “Doing Well by Doing Good” Award. Two of American Heritage’s associate-led committees, the Adopt-A-Family Committee (“Adopt-A-Family”) and Green Team, were part of this recognition, as well as American Heritage’s nonprofit organization, the Kids-N-Hope Foundation (“The Foundation”). The “Doing Well by Doing Good” Award is a category of Mastercard’s annual Community Institution Segment Awards, which honor financial institutions for community impact, innovation, and consumer experience. “Doing Well by Doing Good” recognizes financial […] - [PremierOne Credit Union Launches New Manufactured Home Loan Program](https://thecreditunionconnection.com/premierone-credit-union-launches-new-manufactured-home-loan-program/): PremierOne Credit Union is proud to announce the launch of a new lending program designed to expand homeownership opportunities for residents of manufactured home communities. As of August, 2025, the credit union now offers loans for HUD-approved manufactured homes classified as personal property. This innovative program provides financing for HUD-labeled manufactured homes that are not attached to real estate, making it ideal for owner-occupied homes located on leased land. With loan amounts available up to $800,000 and fixed-rate terms extending up to 25 years, PremierOne is committed to making homeownership more accessible and affordable. “This program reflects our ongoing commitment […] - [MiniBranch Launches Revolutionary Voice AI. A New Way for Credit Unions to Meet Members Wherever They Are](https://thecreditunionconnection.com/minibranch-launches-revolutionary-voice-ai-a-new-way-for-credit-unions-to-meet-members-wherever-they-are/): MiniBranch announced today the release of its newest feature. Voice AI. A powerful phone-based virtual assistant that enables credit unions to support their members any time they call. Any hour. Any day. Any location. This new Voice AI upgrade extends the reach of the MiniBranch ecosystem. Members can now call their credit union and be greeted by a natural sounding virtual assistant that can guide them through becoming a member, applying for a loan, getting quick answers, or being transferred directly to a team member when needed. It works during business hours as an intelligent front line. It works after […] - [QuantyPhi Launches ALM360, a Unified Balance Sheet Management Platform for Credit Unions](https://thecreditunionconnection.com/quantyphi-launches-alm360-a-unified-balance-sheet-management-platform-for-credit-unions/): QuantyPhi, a wholly owned CUSO of Corporate Central, is proud to announce the launch of ALM360, a comprehensive platform delivered through Beastro that unifies Asset/Liability Management (ALM), CECL modeling, financial simulation and optimization, liquidity reporting, profitability analysis, trading workflows, and peer benchmarking into a single, integrated platform. ALM360 centralizes data, assumptions, and calculations so every function draws from one source of truth, enabling faster, more confident decisions and actionable insights across the balance sheet.  ALM360 integrates ALM with broader balance sheet strategy, creating a unified framework for informed decision-making. It equips credit unions with powerful tools to analyze balance sheet […] - [3 Shifts Credit Unions Must Make on Their Journey Toward Compelling](https://thecreditunionconnection.com/3-shifts-credit-unions-must-make-on-their-journey-toward-compelling/): By Joseph (Joe) Brancucci, EVP CU Results at CU Strategic Planning Maria waits in her car outside the credit union, rehearsing what she’ll say. She has the paperwork, the pay stubs, the hope. What she doesn’t have is confidence that anyone inside will see the person behind the numbers. When the loan is declined, she nods politely, thanks the lender, and drives away in silence — one more member who came believing and left invisible. The Wake-Up Call She is one of millions. Our lending systems were built for a world that doesn’t exist anymore, they were designed for people with W-2s […] - [Engage Fi Acquires Intellectual Dimensions, Introduces Banking's First Intelligent Data Automation Platform for Core Conversions](https://thecreditunionconnection.com/engage-fi-acquires-intellectual-dimensions-introduces-bankings-first-intelligent-data-automation-platform-for-core-conversions/): Engage fi announced today its acquisition of Intellectual Dimensions. Through this acquisition, Engage fi introduces the industry’s first intelligent data automation platform built specifically to streamline and accelerate core conversions for U.S. financial institutions. Engage fi guides banks and credit unions through complex technology transformations, including core conversions, deconversions, migrations, and M&A-driven integrations. The firm also supports institutions in strategic planning, vendor evaluations, and negotiations across core account processing, digital banking, payments, and integrated communications. Through its first acquisition, Engage fi expands its capabilities to serve institutions undergoing mergers and acquisitions by integrating Intellectual Dimensions’ intelligent data automation platform for […] - [What Really Shapes a CEO Search in Today’s Credit Union World](https://thecreditunionconnection.com/what-really-shapes-a-ceo-search-in-todays-credit-union-world/): Sarah Snell Cooke didn’t take long to dig into the critical future of credit union leadership topics with Charles Shanley, founder of Shanley Search Partners. Early in the interview, he described walking into a credit union where the board had no idea how troubled the culture had become. Morale was low, teams were siloed, and the imprint of a former leadership style still affected the atmosphere long after that leader had left. It was an early clue that CEO searches often hinge on the parts of an organization that leaders never see until someone like Charles points them out. Charles […] - [GLCU Foundation for Financial Empowerment Donates $10K to Lake County Crisis Fund](https://thecreditunionconnection.com/glcu-foundation-for-financial-empowerment-donates-10k-to-lake-county-crisis-fund/): The GLCU Foundation for Financial Empowerment is pleased to announce that it has made a $10,000 donation to the Lake County Community Foundation’s Community Crisis Relief Fund. The Community Crisis Fund distributes money to multiple organizations that address urgent issues within Lake County.  The GLCU Foundation is proud to contribute to the Lake County Community Foundation’s efforts to support organizations and nonprofits that provide essential resources to communities facing challenging times.  “We care deeply about the financial well-being of our neighbors throughout Lake County, and we’re humbled to be able to support the Community Crisis Fund in its vital mission,” said […] - [Robins Financial Credit Union Donates $25,000 to Support Local College Scholarships](https://thecreditunionconnection.com/robins-financial-credit-union-donates-25000-to-support-local-college-scholarships/): Robins Financial Credit Union recently donated $25,000 to support scholarships at four local colleges, reinforcing the credit union’s commitment to education and community growth. The funds were distributed to the following institutions: Middle Georgia State University, Central Georgia Technical College, Fort Valley State University, and Georgia Military College. “At Robins Financial, we believe that education plays a vital role in shaping strong communities,” said Christina O’Brien, President & CEO of Robins Financial Credit Union. “We’re proud to invest in the future of our students and to give them the opportunity to achieve their dreams.” These contributions will help provide financial […] - [The Real Story Behind Overdraft Protection](https://thecreditunionconnection.com/the-real-story-behind-overdraft-protection/): This week, Senators Elizabeth Warren (D-MA), Cory Booker (D-NJ), and Richard Blumenthal (D-CT) sent a letter to 21 credit unions across the country requesting extensive information about overdraft and non-sufficient Funds (NSF) programs.  While much is said about what credit unions charge, far too little is said about what credit unions prevent. Overdraft programs are an optional safety-net service that millions of Americans actively choose because the alternative is often worse: bounced rent checks, utility shutoff notices, damaged credit, or having to turn to high-cost lenders.  Credit unions are member-owned, not-for-profit institutions that design these programs to cushion short-term cash-flow […] - [NCUA Releases Third Quarter 2025 Credit Union System Performance Data](https://thecreditunionconnection.com/ncua-releases-third-quarter-2025-credit-union-system-performance-data/): Credit Union Assets, Net Worth, and Shares and Deposits Grew in the Third Quarter The National Credit Union Administration today released its third quarter credit union system performance data for 2025. According to the latest financial performance data report, total assets in federally insured credit unions rose by $86 billion, or 3.7 percent, over the year ending in the third quarter of 2025, to $2.40 trillion. Total loans outstanding increased $72 billion, or 4.4 percent, over the year, to $1.70 trillion. Insured shares and deposits rose $76 billion, or 4.3 percent, over the year ending in the second quarter of […] - [ICUL Joins National League Leaders to Strengthen and Advance 2026 Priorities](https://thecreditunionconnection.com/icul-joins-national-league-leaders-to-strengthen-and-advance-2026-priorities/): The national credit union system closed the week with a strong sense of unity and purpose. As America’s Credit Unions (ACU), the American Association of Credit Union Leagues (AACUL), and league leaders wrapped three days of concentrated strategy, one message rose above all others: our strength is—and continues to be—the trust built between leagues and ACU. ACU President/CEO Scott Simpson made clear that this alignment is not accidental, but intentional and necessary for the movement’s future wins. Illinois Credit Union League (ICUL) leadership attended the conference with a clear purpose: deepen national alignment, share strategy with counterparts, and bring back […] - [Best CD Rates in December 2025: CD Valet Analysis Highlights Top Yields Amid Decline](https://thecreditunionconnection.com/best-cd-rates-in-december-2025-cd-valet-analysis-highlights-top-yields-amid-decline/): CD Valet is a digital marketplace that connects consumers with the best CD rates and terms nationwide, helping community financial institutions effectively attract new deposits. The company today reported that as of November 30, 2025, many 12-month CDs are still offering rates around or above 4.00% APY—despite a broader trend of declining yields. These remain some of the most competitive options for savers looking to secure strong returns. “Yearend is an ideal time to evaluate finances and savings strategies,” says Mary Grace Roske, Head of Marketing and Communications at CD Valet. “While overall CD rates are trending downward – in fact, […] - [Mid-Atlantic Federal Credit Union and Holy Cross Health Partner to Brighten the Holidays for Pediatric Patients and Their Families](https://thecreditunionconnection.com/mid-atlantic-federal-credit-union-and-holy-cross-health-partner-to-brighten-the-holidays-for-pediatric-patients-and-their-families/): Mid-Atlantic Federal Credit Union and Holy Cross Health, a member of Trinity Health, have once again joined forces to spread joy this season to pediatric patients through the 2025 Holiday Toy Drive.  All are invited to help make the holidays a bit brighter for local children and families supported by Holy Cross Health.  Drop off a new unwrapped toy to any Mid-Atlantic FCU branch in Germantown, Gaithersburg, or Silver Spring by December 12th. “Every year, our members and neighbors come together to show what community really means,” said Tami Schiavone, President and CEO of Mid-Atlantic FCU. “Through our partnership with Holy Cross Health, […] - [TRUE Community Credit Union and Nuestra Comunidad Team Up to Support Local Students](https://thecreditunionconnection.com/true-community-credit-union-and-nuestra-comunidad-team-up-to-support-local-students/): TRUECCU provided $10,000 in scholarships for students to invest in their education TRUE Community Credit Union is proud to have partnered with Nuestra Comunidad for a third year to provide $10,000 in scholarships for local students.  “The impact of these awards continues to reverberate throughout our community, uplifting our youth and inspiring those who follow behind them,” said Leticia Albarran, Board Chair of Nuestra Comunidad. “We are honored to collaborate with an organization like TRUECCU, who share our commitment and vision in empowering and investing in our local community and students through meaningful and purposeful initiatives! We cannot wait to see […] - [Several Credit Unions Announce New Hires; AACUL Announces Recipient of 2025 Eagle Award](https://thecreditunionconnection.com/several-credit-unions-announce-new-hires-aacul-announces-recipient-of-2025-eagle-award/): Several credit unions, including Maine State Credit Union and Numerica Credit Union, announced new additions to their teams, and the AACUL announced the recipient of the 2025 Eagle Award. New Hires: Recognitions: Promotions: Appointments: - [American Heritage Credit Union Holds 18th Annual Free Grand Illumination Display & Events](https://thecreditunionconnection.com/american-heritage-credit-union-holds-18th-annual-free-grand-illumination-display-events/): More Than 20,000 Attended the Event That Featured More than 400,000 Lights and Two 40-foot Trees; a Kids-N-Hope Foundation Donation, and Free Holiday Music American Heritage Credit Union (“American Heritage”) held its 18th Annual Grand Illumination on Saturday, November 29th. More than 20,000 community members attended the event and enjoyed numerous holiday lights and displays, festive performances, and a fireworks show to conclude the evening.  The event was emceed by American Heritage’s President & CEO, Bruce K. Foulke, alongside a Betsy Ross impersonator to add classic Philadelphian colonial charm. Four high school students from MaST Charter School opened the evening with […] - [Texas Trust Credit Union Supports Local Education with $55,000 in Grants](https://thecreditunionconnection.com/texas-trust-credit-union-supports-local-education-with-55000-in-grants/): The Texas Trust Gives Foundation awarded nearly $55,000 in grants to six education foundations in North Texas. The grants provide funding to enrich student learning and help prepare students for success in the classroom and beyond. Education foundations are one of the many ways Texas Trust Credit Union gives to the community where the credit union has branches. Through its Texas Trust Gives Foundation the credit union awards annual grants to supplement learning and help school districts with initiatives that go beyond what is covered by the school’s budget.  This year’s education foundation grants went to Arlington, Cedar Hill, Grand Prairie, HEB, Lewisville, and […] - [Nuuvia’s CUSO Secures $4M Investment from VyStar and Desert Financial Credit Unions](https://thecreditunionconnection.com/nuuvias-cuso-secures-4m-investment-from-vystar-and-desert-financial-credit-unions/): Leading credit unions partner to accelerate youth banking innovation and address generational membership growth Nuuvia, formerly Incent, announced today that VyStar Credit Union and Desert Financial Credit Union have completed a combined $4 million investment into its Credit Union Service Organization (CUSO). The investment reinforces Nuuvia’s mission to partner and collaborate with progressive financial institutions to build best-in-class youth engagement tools that address critical membership growth challenges. Jacksonville, Fla.-based [VyStar Credit Union ($14 billion in assets), the second-largest credit union in Florida and 16th in the nation, and Phoenix-based Desert Financial Credit Union ($9 billion in assets), Arizona’s largest local […] - [Not Just Tactics:  Succession Planning as a Cultural Advantage for Credit Unions](https://thecreditunionconnection.com/not-just-tactics-succession-planning-as-a-cultural-advantage-for-credit-unions/): Transforming a Regulatory Requirement into a Strategic Differentiator By Lynn Heckler, Partner, Blupact Culture The NCUA’s new succession planning rule, effective on Jan. 1, 2026, has understandably sparked significant conversations within the credit union industry.  For many boards and executives, the initial instinct is to meet compliance standards: What exactly do we need to report?   But there is a much deeper opportunity at play. This ruling goes beyond a mere checklist; it is an inflection point.  How will you use this crucial moment to strengthen your credit union’s future? The NCUA introduced this ruling to address leadership gaps that often lead to […] - [SDCCU Returns as a Sponsor of the Rady Children’s Giveathon](https://thecreditunionconnection.com/sdccu-returns-as-a-sponsor-of-the-rady-childrens-giveathon/): San Diego County Credit Union® (SDCCU®) is proud to support the Rady Children’s Giveathon for the third consecutive year, in partnership with iHeartMedia San Diego. The Giveathon begins on Tuesday, December 9, and runs through Wednesday, December 10. Team SDCCU will be on-site at the SDCCU Live Studio answering phones during SDCCU Giving Hour on Tuesday, December 9 from 8 a.m. to 9 a.m. “SDCCU is proud to sponsor the Rady Children’s Giveathon again this year,” said Teresa Campbell, SDCCU president and CEO. “Every donation helps support the incredible work at Rady Children’s Hospital and their ongoing efforts to provide children […] - [Knoxville TVA Employees Credit Union to Leverage NCR Atleos Allpoint Deposit Network](https://thecreditunionconnection.com/knoxville-tva-employees-credit-union-to-leverage-ncr-atleos-allpoint-deposit-network/): NCR Atleos Corporation (NYSE: NATL) (“Atleos”) today announced that $5 billion-asset Knoxville TVA Employees Credit Union™ will bring cash deposit capabilities to its members through the Allpoint Network. Through this enhanced collaboration, Knoxville TVA Employees Credit Union will now offer its members nationwide access to cash deposits at 3,500 ATMs across the country, including 26 cash deposit locations in Tennessee. These ATMs will be wrapped in Knoxville TVA Employees Credit Union branding as well as display branding on screen, allowing the credit union to enhance its presence and visibility. This collaboration makes Knoxville TVA Employees credit union the first financial institution to offer Allpoint […] - [Consumers Credit Union Breaks Ground on Office Location in Douglas/Saugatuck](https://thecreditunionconnection.com/consumers-credit-union-breaks-ground-on-office-location-in-douglas-saugatuck/): Consumers Credit Union announces that construction has begun on a new ~1,200 square-foot office in Douglas, Michigan, located at 312 South Ferry Street. The new Douglas/Saugatuck location, projected to open in mid-2026, will provide a comprehensive financial experience, including personal checking, savings, credit cards, mortgages, full-service lending and banking, investments and financial education.  “Breaking ground in Douglas/Saugatuck is about more than building a new office, it’s about strengthening our connection to the lakeshore communities,” said Scott Sylvester, Consumers’ president and CEO. “We’re committed to providing convenient, innovative banking solutions where our members live and work, and this new location is […] - [Driving the Change: OMNI Community Credit Union Honored with Mastercard “Doing Well by Doing Good” Award](https://thecreditunionconnection.com/driving-the-change-omni-community-credit-union-honored-with-mastercard-doing-well-by-doing-good-award/): OMNI Community Credit Union is proud to announce that it has been named the winner of the “Doing Well by Doing Good” Award in the 6th Annual Mastercard Community Institution Segment Awards.  Mastercard established these awards to recognize outstanding community financial institutions that make a meaningful difference through their commitment to social impact. The “Doing Well by Doing Good” Award celebrates organizations that go above and beyond to serve their communities through charitable giving, volunteerism, and programs that uplift those in need.  This honor highlights OMNI’s OMNI Gives Back program — an initiative that donates $25 to a local 501(c)(3) […] - [First Harvest Credit Union's Annual Pink Ribbon Program Raises $3,000 for MD Anderson Cancer Center at Cooper](https://thecreditunionconnection.com/first-harvest-credit-unions-annual-pink-ribbon-program-raises-3000-for-md-anderson-cancer-center-at-cooper/): First Harvest & Employees Carry Out Breast Cancer Advocacy Initiatives First Harvest Credit Union’s (“First Harvest”) Charitable Journey Program recently donated $3,000 to The Cooper Foundation, benefitting the MD Anderson Cancer Center at Cooper, in support of breast cancer patients and research. The Pink Ribbon Program is a fundraising initiative led annually by First Harvest employees and collect monetary donations made by members, employees, and First Harvest Credit Union. Charitable Journey is an employee-led program established in 2015 by a volunteer group of First Harvest employees with a passion to serve our community. In addition to its quarterly fundraising initiatives […] - [Delfi and CFO Consulting Partners Launch a Joint Advisory Package to Strengthen Balance Sheet Management for Banks and Credit Unions](https://thecreditunionconnection.com/delfi-and-cfo-consulting-partners-launch-a-joint-advisory-package-to-strengthen-balance-sheet-management-for-banks-and-credit-unions/): As financial institutions continue to navigate increasing uncertainty, Delfi and CFO Consulting Partners LLC (CFOCP) launched a joint effort to help banks and credit unions strengthen their balance sheets and make smarter, faster decisions. The collaboration pairs Delfi’s real-time AI analytics platform with CFOCP’s decades of first-hand financial leadership to deliver a powerful mix of advanced technology and practical expertise.  The new offering provides: The partnership aims to give institutions a smarter, more resilient approach to managing capital, interest rate risk and long-term financial performance. “Financial leaders have to make smart decisions faster than ever, and they need clearer insight to do it,” […] - [First City Credit Union Reduces Third-Party Collection Costs by 54% with Eltropy and Akuvo](https://thecreditunionconnection.com/first-city-credit-union-reduces-third-party-collection-costs-by-54-with-eltropy-and-akuvo/): Automated text messaging campaigns save credit union $48,000 annually while improving member experience Eltropy today announced that First City Credit Union has achieved a 54% reduction in third-party early-stage collection costs through automated text messaging campaigns powered by Eltropy and Akuvo. The credit union reduced monthly expenses from $7,400 to $3,400—a savings of $48,000 annually. First City Credit Union partnered with Eltropy in early 2025 to address the high cost of outsourced collection calls. By integrating Eltropy’s text messaging platform with Akuvo’s collections workflow system, the credit union automated payment reminders for members with delinquent balances, allowing its team to […] - [Union Building Trades Federal Credit Union Announces Leadership Transition: Retirement of CEO Robert Kodan and Appointment of Daniel Czerniawski as Successor](https://thecreditunionconnection.com/union-building-trades-federal-credit-union-announces-leadership-transition-retirement-of-ceo-robert-kodan-and-appointment-of-daniel-czerniawski-as-successor/): Union Building Trades Federal Credit Union (UBTFCU) today announced the upcoming retirement of its long-standing Chief Executive Officer, Robert Kodan, effective December 31, 2025. After many years with UBTFCU, Robert will be stepping down from his role as CEO. UnderRobert’s leadership, UBTFCU expanded its membership base, guided the credit union through day-to-day operations, and supported the continued service of our members. “We greatly appreciate Robert’s time with the credit union and wish him well in his future endeavors,” said Bradly J. Ferguson, Chair of the Board of Directors. “We look forward to building on our strengths as we move ahead. To continue this legacy, the Board of Directors […] - [Space Coast Credit Union Expands Orlando Footprint with New Avalon Park Branch ](https://thecreditunionconnection.com/space-coast-credit-union-expands-orlando-footprint-with-new-avalon-park-branch/): Space Coast Credit Union (SCCU) will open its newest full-service branch in Orlando’s Avalon Park community on December 15. The branch marks SCCU’s second location in the Orlando market and reflects the Credit Union’s continued investment in serving Central Florida’s growing population. Located at 425 S. Avalon Park Road, Orlando, FL 32828, the branch will offer personalized financial solutions, in-person banking services and SCCU’s signature Financial Watchdog approach to member service.  “With the warm welcome we received when opening our Waterford Lakes branch, we’re excited to open our second location in Avalon Park,” said Shane Hoyle, President and CEO of Space […] - [Lake Trust Credit Union Opens New Relationship Center in Monroe](https://thecreditunionconnection.com/lake-trust-credit-union-opens-new-relationship-center-in-monroe/): The new location’s grand opening festivities will feature various promotions, giveaways, and a donation to the Monroe County Opportunity Program  Lake Trust Credit Union (Lake Trust) today announced the opening of its newest relationship center in Monroe. Located at 1237 Holiday Boulevard, the new location is now open and will be formally celebrated on December 8 from 2:30 to 4:30 p.m. with a ribbon-cutting ceremony. “Our new relationship center marks an important milestone for our organization as we expand our presence in Monroe to offer an enhanced experience for our members in the area,” said Michelle Kloack, Assistant Vice President […] - [Meridian Credit Union Partners with Personetics to Embed Intelligent Financial Support into its Enhanced Advice Experience, OnYourWay](https://thecreditunionconnection.com/meridian-credit-union-partners-with-personetics-to-embed-intelligent-financial-support-into-its-enhanced-advice-experience-onyourway/): Members now benefit from a more individualized experience through AI-supported features powered by Personetics Personetics announced today that it collaborated with Meridian Credit Union on Meridian’s new advice experience, OnYourWay, which is designed to help Members feel more confident about their money. With AI-supported features from the Personetics platform, the mobile banking app is elevated to a source of intelligent financial guidance and support. Now live, the new experience empowers Members with a modern, intuitive user interface designed for effective financial management. As Ontario’s largest credit union—and one of Canada’s largest—Meridian continues to redefine what it means to be a […] - [BrightBridge Credit Union Donates $7,500 to the Plymouth Public Library Foundation](https://thecreditunionconnection.com/brightbridge-credit-union-donates-7500-to-the-plymouth-public-library-foundation/): Donation continues partnership that began in 2022 to support community events and financial literacy programs BrightBridge Credit Union is continuing its partnership with the Plymouth Public Library Foundation (PPLF) with a $7,500 donation that will support the foundation’s public events through 2026, including its golf tournament, arts and crafts festival and the annual Taste of the Town. The PPLF is a nonprofit organization dedicated to supporting the Plymouth Public Library in delivering high-quality services and resources to the community. Each year, the foundation helps bring more than 1,500 free educational programs to the community and has contributed to numerous initiatives, […] - [Achieving Excellence, Genisys Credit Union Earns Fourth Crystal Award from Raddon Financial Group](https://thecreditunionconnection.com/achieving-excellence-genisys-credit-union-earns-fourth-crystal-award-from-raddon-financial-group/): Demonstrating top-performance in growth, financial stability, and member value, Genisys Credit Union received the Crystal Performance Award by Raddon Financial Group, a Fiserv Company. With more than 500 credit unions evaluated, this distinction places Genisys among the top three percent of credit unions nationwide. This is the fourth time the credit union has been awarded and the third consecutive year. “A huge thank you to every member of our incredible Genisys team – this accolade is a direct reflection of your commitment to service, care to our members, and daily efforts to improve lives through financial well-being,” said Jackie Buchanan, […] - [DCUC to Congress: Cut Housing Red Tape, Strengthen Credit Unions’ Impact](https://thecreditunionconnection.com/dcuc-to-congress-cut-housing-red-tape-strengthen-credit-unions-impact/): “If we want to maintain an all-volunteer force, we must ensure that those who serve can afford to live where they serve,” reminds Anthony Hernandez, DCUC President/CEO.  The Defense Credit Union Council, DCUC, has sent a comprehensive letter to House Financial Services Committee Chairman French Hill and Ranking Member Maxine Waters outlining urgent concerns about national housing shortages and the disproportionate impact on military service members, veterans, and their families.  In the letter, DCUC Chief Advocacy Officer Jason Stverak thanked the Committee leaders for the upcoming hearing on “Building Capacity: Reducing Government Roadblocks to Housing Supply,” noting that regulatory barriers, […] - [DCUC Supports FinCEN’s Proposed Renewal of BSA Information-Sharing Requirements](https://thecreditunionconnection.com/dcuc-supports-fincens-proposed-renewal-of-bsa-information-sharing-requirements/): The Defense Credit Union Council, DCUC, sent a letter to the Financial Crimes Enforcement Network (FinCEN) supporting the proposed renewal, without changes, of existing Bank Secrecy Act (BSA) information-collection requirements governing information sharing between government agencies and financial institutions.  Under FinCEN’s Section 314(a) process, financial institutions must review their records upon request to determine whether they have maintained accounts or conducted transactions with individuals or entities identified by the government. If so, they must report this information within the specified timeframe.  DCUC commends FinCEN’s commitment to a strong information-sharing framework and agrees that the current collection requirements are necessary, useful, […] - [Community Financial Institutions Gain a New Advantage: Proactive, Personalized Push Notifications That Reach Account Holders Beyond Digital Banking](https://thecreditunionconnection.com/community-financial-institutions-gain-a-new-advantage-proactive-personalized-push-notifications-that-reach-account-holders-beyond-digital-banking/): DeepTarget and Larky collaborate to extend personalized engagement beyond the app. Community financial institutions (FI) can now reach account holders proactively – without waiting for them to open their mobile banking app – through a new integration between DeepTarget and Larky. By combining DeepTarget’s predictive audience intelligence with Larky’s nudge® push notification platform, banks and credit unions can deliver timely, personalized product offers and service updates directly to account holders’ mobile devices. This enhanced capability strengthens digital relationships, increases product adoption and transforms everyday engagement into measurable growth. Larky’s nudge® platform empowers FIs to meet account holders where they are, using relevant push […] - [People's Credit Union Teams up with Salvation Army to Support Angel Tree Program](https://thecreditunionconnection.com/peoples-credit-union-teams-up-with-salvation-army-to-support-angel-tree-program/): Donations of Gifts and Clothing for Local Children will be Collected at All Branches Through December 16th People’s Credit Union is once again partnering with the Salvation Army and their Angel Tree program to provide gifts for local children in need this holiday season. Through December 16th, donations of unwrapped, new children’s gifts and clothing will be collected during normal business hours at all six People’s Credit Union branch locations. Employee volunteers will help deliver the donations to the Salvation Army, which will distribute them to deserving families throughout the community.  “Every child deserves to experience the magic of the holiday […] - [America’s Credit Unions Announces 2026 Advocacy Priorities](https://thecreditunionconnection.com/americas-credit-unions-announces-2026-advocacy-priorities/): Today, America’s Credit Unions released its 2026 credit union advocacy priorities that will guide new President/CEO Scott Simpson, our advocacy staff, and the organization overall during the 119th Congress. The priorities reflect industry needs, constructed with direct feedback from member credit unions and leagues and built on a successful year in advocacy defending the credit union tax status. America’s Credit Unions is committed to ensuring all credit unions have the continued ability to serve their members’ unique financial needs and help them thrive. The association’s Board approved these priorities Dec. 2.  “Last year proved the strength of the credit union […] - [DCUC Welcomes Texas Dow Employees Credit Union to DCUC Membership](https://thecreditunionconnection.com/dcuc-welcomes-texas-dow-employees-credit-union-to-dcuc-membership/): The Defense Credit Union Council (DCUC) proudly welcomes Texas Dow Employees Credit Union (TDECU) as its newest member. TDECU is a member-owned, not-for-profit financial cooperative founded in 1955 to serve Dow employees in Lake Jackson, Texas. Today, it has grown into one of the largest credit unions in the state, serving nearly 380,000 members with more than $4.8 billion in assets and a full suite of consumer financial services. With over 35 locations across Texas, TDECU remains committed to its founding philosophy of “people helping people,” delivering responsible, community-focused financial solutions guided by its core values of respect, excellence, accountability, and leadership. […] - [Consumers Credit Union Launches Round Up for Impact Feature to Empower Savings and Community Giving](https://thecreditunionconnection.com/consumers-credit-union-launches-round-up-for-impact-feature-to-empower-savings-and-community-giving/): Consumers Credit Union is excited to announce the launch of Round Up for Impact, a new feature within Online Banking that allows members to turn everyday purchases into meaningful savings and charitable contributions. This innovative tool gives members the flexibility to round up debit card transactions to the nearest dollar and choose whether the extra cents go toward boosting their savings or supporting trusted nonprofits—all with the touch of a button. With Round Up for Impact, members can: Members will also enjoy consolidated tracking and annual donation reports for tax purposes, making it simple to monitor contributions and plan for […] - [Michigan Credit Union Puts its ATM Management in Dolphin Debit’s Hands](https://thecreditunionconnection.com/michigan-credit-union-puts-its-atm-management-in-dolphin-debits-hands/): For Tri-Cities Credit Union, it was ATM sunsetting by the manufacturer that drove the western Michigan institution into the arms of Dolphin Debit. That looming capital investment caused Tri-Cities, based in Grand Haven, on the shores of Lake Michigan, to begin reassessing its traditional management strategy and consider outsourcing its ATM management. At the same time, the credit union was less than thrilled with the many miscellaneous costs that come with ongoing ATM ownership. “We didn’t want to face that big investment, but we did want a machine from the same vendor,” said Kim Hall, President and CEO of Tri-Cities Credit […] - [Human-Centered AI: A Smarter Way Forward for Credit Unions](https://thecreditunionconnection.com/human-centered-ai-a-smarter-way-forward-for-credit-unions/): By Todd Michaud, CEO, HuLoop Automation Discussions about AI and its usage in financial institutions have become nearly ubiquitous in financial media, if not among bank and credit union leaders. It is difficult to gauge how many banks and credit unions have begun implementing AI, but financial institutions are engaging with AI with cautious optimism. The caution paired with that optimism is certainly understandable. It can be challenging to know where to begin, especially as AI advocates purport – rightfully, I would argue – that this new technology can radically improve many credit union processes. Beyond implementation challenges, other concerns are […] - [Using Fintech’s Most Powerful Growth Tools to Shape 2026 Strategies](https://thecreditunionconnection.com/using-fintechs-most-powerful-growth-tools-to-shape-2026-strategies/): By James Chemplavil, Founder/CEO, Salus Credit unions are in the thick of strategy and planning for 2026 and beyond. And that focus will inevitably turn to identifying ways to win with Gen Z.  This focus makes sense. By some estimates, Gen Z will be the largest adult generation in the U.S. in five years. And while everyone has ideas, best practices are hiding in plain sight. Three fintechs (Dave, Cash App, and Chime) have emerged as early winners for Gen Z market share in financial services. So, what can credit unions learn from these fintechs to sharpen next year’s strategic priorities? Sizing […] - [Veridian Credit Union Announces $50k in Giving Tuesday Donations](https://thecreditunionconnection.com/veridian-credit-union-announces-50k-in-giving-tuesday-donations/): Veridian Credit Union has awarded $50,000 in Giving Tuesday donations to organizations across Iowa, Nebraska and Minnesota. “Veridian was founded on the need to support our communities and the people in them,” said Veridian President and CEO Renee Christoffer. “We celebrate Giving Tuesday because it’s an opportunity for us to encourage and inspire each other to strengthen the communities we share.” Recipient organizations were nominated by the public for the credit union’s Veridian Gives Back for Giving Tuesday campaign and drawn at random to receive the donations. Eligible organizations work to address one of Veridian’s five funding priorities, including (1) […] - [Texas Trust Credit Union’s Community Engagement Initiative Earns Industry Award](https://thecreditunionconnection.com/texas-trust-credit-unions-community-engagement-initiative-earns-industry-award/): Texas Trust Credit Union earned national recognition for its community service project supporting Mission Arlington from the Marketing Association of Credit Unions (MAC). During the annual MAC conference in Fort Lauderdale, Florida, professionals from hundreds of credit unions from around the U.S. gathered to recognize the industry’s top marketing projects. Texas Trust received top honors for its corporate-wide community engagement initiative. The service project involved more than 300 employees who worked together to provide tangible support to the community service organization Mission Arlington by assisting with repairs and maintenance, custodial tasks, and the cleaning and sanitizing of donated personal medical equipment […] - [California Credit Union Recognized as a 2025 Culture Innovator by Kudos®](https://thecreditunionconnection.com/california-credit-union-recognized-as-a-2025-culture-innovator-by-kudos/): Credit Union Recognized for Unique Strategies in Building an Outstanding Workplace Culture California Credit Union announced today that it has been named a Culture Innovator in the 2025 Best Culture Awards presented by Kudos®, a leading employee recognition, rewards and workplace culture platform. Now in its fifth year, the Best Culture Awards celebrate organizations that demonstrate excellence in building and sustaining exceptional workplace cultures. The Culture Innovator Award recognizes organizations that implement unique strategies to build an outstanding workplace culture, including employee engagement and feedback, leadership commitment and internal surveys. “At California Credit Union, our employees are at the heart of everything we […] - [Honor Credit Union Pays It Forward for Giving Tuesday](https://thecreditunionconnection.com/honor-credit-union-pays-it-forward-for-giving-tuesday/): In the spirit of Giving Tuesday, Honor Credit Union is once again living out its mission to give back to its members and the communities it serves. As part of Honor’s annual tradition, each of the credit union’s 484 team members receives $50 to pay it forward, empowering them to support local causes and create meaningful moments of generosity across Michigan. In total, the initiative reflects $24,200 dedicated to inspiring kindness and supporting Giving Tuesday efforts.  As a not-for-profit financial institution, Honor Credit Union’s purpose goes beyond traditional banking. The organization is committed to supporting people and communities through volunteerism […] - [IgniteFI and CAFE Partner to Empower Fintechs Serving Credit Unions](https://thecreditunionconnection.com/ignitefi-and-cafe-partner-to-empower-fintechs-serving-credit-unions/): IgniteFI today announced a strategic partnership with the CAFE (Center for Accelerating Financial Equity) a non-profit organization with a nationally recognized fintech accelerator program. This collaboration marks a significant step forward in supporting fintechs that align with the values and mission of credit unions.  CAFE provides mentorship, resources, and connections to partners and funders to mission-driven fintechs that have products to improve financial wellness for low-to moderate-income (LMI) people. Its mission dovetails naturally with the credit union ethos—prioritizing member impact, financial wellness, and collaborative innovation.  “IgniteFI has demonstrated a remarkable commitment to helping fintechs speak the language of credit unions,” […] - [Financial Plus Credit Union and Pinwheel Partner to Improve Member Experience](https://thecreditunionconnection.com/financial-plus-credit-union-and-pinwheel-partner-to-improve-member-experience/): Financial Plus Credit Union announced that it has selected Pinwheel to power their activation and engagement programs. Pinwheel’s best-in-class direct deposit switching solution beat competitors by over 30% in a head-to-head test, underscoring Pinwheel’s market position as the industry’s top converting deposit switch solution. Pinwheel’s platform is specifically designed to help financial institutions increase member acquisition, boost deposits, and elevate engagement by making it easy to onboard new members. Financial Plus’s decision to implement Pinwheel was rooted in a shared vision of putting members at the center of the banking experience while enabling consistent growth and revenue opportunities. “Our partnership with Pinwheel will make […] - [BAFS Announces Integration with Portico from Fiserv](https://thecreditunionconnection.com/bafs-announces-integration-with-portico-from-fiserv/): Integration empowers credit unions with scalable technology to expand commercial lending capabilities Business Alliance Financial Services (BAFS) today announced its integration with Portico® from Fiserv, a full-service account processing system. Through this integration, credit unions using Portico will have greater flexibility to deploy the BAFS BLAST® commercial loan origination and loan accounting software platform. With the BAFS and Portico integration, credit unions can fuel their commercial lending strategy and streamline loan lifecycles with intuitive dashboards, compliance-informed workflows and access to real-time portfolio insights designed for efficiency and clarity. The platform supports institutions across the full lending lifecycle, from origination and underwriting […] - [American Heritage Credit Union Pledges Gift of $250,000 to Jefferson Health](https://thecreditunionconnection.com/american-heritage-credit-union-pledges-gift-of-250000-to-jefferson-health/): The Gift Will Be Used to Support the Sidney Kimmel Comprehensive Cancer Center and the Patient Support Center Located at Jefferson Torresdale Hospital American Heritage Credit Union (“American Heritage”) is honored to provide Jefferson Health (“Jefferson”) with a gift of $250,000 to support the Sidney Kimmel Comprehensive Cancer Center and the Patient Support Center that are both located at Jefferson Torresdale Hospital. As part of this gift, the Administrative Oncology Suite as well as the Patient Support Center and Discharge with Dignity Program have been named in recognition of American Heritage Credit Union. These mission-critical spaces support the healthcare providers, and […] - [AACUL and America's Credit Unions Jointly Announce Scott Simpson’s Return to AACUL Board as New CEO Strengthens Federal–State Advocacy Linkage, Reinforces Unified Advocacy](https://thecreditunionconnection.com/aacul-and-americas-credit-unions-jointly-announce-scott-simpsons-return-to-aacul-board-as-new-ceo-strengthens-federal-state-advocacy-linkage-reinforces-unified-advocacy/): The American Association of Credit Union Leagues (AACUL) and America’s Credit Unions (ACU) today jointly announced the return of Scott Simpson, ACU’s new president/CEO and former president of three state leagues, to the AACUL Board. For AACUL’s membership, which represents every state league across the country, this moment is more than a leadership update: it is a strategic turning point for the movement. Simpson previously served on the AACUL Board from 2014 to 2021, including two years as Chair, and his return comes at a time when coordination between state and federal advocacy has never been more important. AACUL is […] - [BrightBridge Credit Union and Arrha Credit Union Members Approve Proposed Merger](https://thecreditunionconnection.com/brightbridge-credit-union-and-arrha-credit-union-members-approve-proposed-merger/): Members of both organizations voted overwhelmingly in favor of the merger The members of BrightBridge Credit Union (BrightBridge) and Arrha Credit Union (Arrha) voted in favor of merging the two financial organizations this week, following separate member votes at each organization’s corporate headquarters. BrightBridge will be the continuing credit union with Arrha changing its name to Arrha Credit Union, a Division of BrightBridge Credit Union. The newly merged credit union will have 23 retail branches, combined assets of nearly $2.4 billion and approximately 125,000 members. The merger will combine the resources, expertise and values of two long-standing and like-minded credit […] - [Velera Expands Co-op ATM Network Access with over 2,500 Installations at Speedway® Stores Nationwide](https://thecreditunionconnection.com/velera-expands-co-op-atm-network-access-with-over-2500-installations-at-speedway-stores-nationwide/): Velera today announced it is adding over 2,500 ATMs at select Speedway® locations, expanding its surcharge-free Co-op ATM Network to more than 37,000 machines nationwide.  The rollout will begin this month in partnership with FCTI, Inc. (FCTI), the U.S. ATM provider for 7-Eleven, Inc. and its family of brands, including 7-Eleven®, Speedway® and Stripes® stores. For over two decades, FCTI has supported the Co-op ATM Network, connecting credit union members to thousands of ATMs. For participating credit unions, the expanded network offers more than just convenience – it streamlines operations, boosts member retention and drives revenue growth. Velera’s locator apps and customizable marketing tools make it easy for credit […] - [UMassFive Employees Raise Over $17,000 for Local Non-Profits](https://thecreditunionconnection.com/umassfive-employees-raise-over-17000-for-local-non-profits/): UMassFive College Federal Credit Union (UMassFive) is proud to announce its employees raised over $17,000 for two local non-profits during 2025. $14,000 was raised in support of the UMass Cancer Center via participation in the UMass Cancer Walk, and $3,100 was raised for the Food Bank of Western Massachusetts through Will Bike 4 Food. UMassFive employees, along with their family and friends, joined together as Team UMassFive at the UMass Cancer Walk—a tradition spanning more than 25 years. These efforts support cancer research and clinical trials at UMass Cancer Center. Fundraising activities included raffle baskets, candy sales, and outreach to […] - [Great Lakes Credit Union and the GLCU Foundation for Financial Empowerment Encourage Giving Tuesday Donations to Improve Financial Well-Being in Chicagoland](https://thecreditunionconnection.com/great-lakes-credit-union-and-the-glcu-foundation-for-financial-empowerment-encourage-giving-tuesday-donations-to-improve-financial-well-being-in-chicagoland/): Great Lakes Credit Union continues to embrace its Banking for a Greater Good philosophy by supporting Giving Tuesday, a day that since its inception in 2012 has grown into a global movement of generosity and building a better world. By encouraging members of the community to donate to the GLCU Foundation for Financial Empowerment, the charitable and volunteer arm of GLCU, the credit union aims to affect positive change in Chicagoland communities. The mission of the GLCU Foundation is to make a meaningful difference by financially empowering everyone, regardless of socioeconomic status while giving back to the communities it serves. From […] - [Oregonians Credit Union Announces New President/Chief Executive Officer](https://thecreditunionconnection.com/oregonians-credit-union-announces-new-president-chief-executive-officer/): The Board of Directors of Oregonians Credit Union is pleased to announce the appointment of Bryce Mortensen as the organization’s new President and Chief Executive Officer. He succeeds Sam Launius, who is retiring after 32 years of dedicated service and leadership. With more than 25 years of experience in the credit union industry, Bryce Mortensen brings a proven record of innovation, strategic leadership, and technological advancement. Most recently serving as Executive Vice President of Operations at AERO Financial in Glendale, Arizona, he led transformative initiatives that drove operational excellence, elevated member experience, and positioned the institution at the forefront of digital banking innovation. Under his […] - [Princeton Federal Credit Union Appoints Dana Caragine as President/CEO](https://thecreditunionconnection.com/princeton-federal-credit-union-appoints-dana-caragine-as-president-ceo/): Princeton Federal Credit Union (PFCU) has announced the appointment of Dana Caragine as its new President and Chief Executive Officer, succeeding Samuel J. Paulicelli, who retires following an accomplished 21-year tenure.  PFCU enters a new chapter focused on continued growth, innovation, and deepened community engagement under Caragine’s leadership.  Reflecting on the Board’s decision, Chair Adam Coyne shared, “After a comprehensive national search, it was clear that Dana brings the right combination of vision, leadership, institutional understanding, and commitment to member service to guide Princeton Federal Credit Union into its next chapter. Her track record of building strong teams and delivering […] - [Rogue Credit Union Achieves Major Gains in Protection Product Sales and Member Savings Following SalesCU Training](https://thecreditunionconnection.com/rogue-credit-union-achieves-major-gains-in-protection-product-sales-and-member-savings-following-salescu-training/): After completing SalesCU’s comprehensive sales training, Rogue Credit Union has reported dramatic improvements across key performance areas, solidifying its commitment to member service through proactive sales excellence. The credit union achieved a 95% increase in GAP income and a 63% increase in debt protection income over 2023. In addition, Rogue’s loan recapture program — revitalized through SalesCU’s member-focused sales strategies — saved members more than $433,000 in loan payments during June and July 2025. “These results are a clear reflection of what can happen when a credit union’s member service approach excels in both servicing and sales,” said Nick Brown, […] - [Union Credit Consumer Survey Reveals Dwindling State of Financial Trust and Confidence in Second Half of 2025](https://thecreditunionconnection.com/union-credit-consumer-survey-reveals-dwindling-state-of-financial-trust-and-confidence-in-second-half-of-2025/): Union Credit is calling on credit unions to take an active role in rebuilding consumer confidence in 2026. Credit unions can bridge the gap of dwindling financial security by meeting people in trusted digital environments and reducing membership friction.  Union Credit conducted a survey during the government shutdown in October and November to understand how economic uncertainty shapes financial decisions. Respondents, equally representing government and non-government employees, reported a fall in their financial confidence. Only 12% of respondents felt very confident about their finances. Nearly half of respondents said their buying and borrowing confidence dropped in the last 30 days. Many were […] - [African Diaspora Federal Credit Union Launches “100 for 1000” Campaign to Open Its Doors by December 15](https://thecreditunionconnection.com/african-diaspora-federal-credit-union-launches-100-for-1000-campaign-to-open-its-doors-by-december-15/): The African Diaspora Federal Credit Union (A.D.F.C.U.) has launched an urgent two-week fundraising campaign to raise the final capital needed to open its doors on December 15. The “100 for 1000” campaign seeks 100 donors — credit unions, vendors, trade associations, and industry partners — to contribute $1,000 each, totaling $100,000 in foundational capital. After a five-year chartering journey, A.D.F.C.U. has exhausted much of its initial capital preparing its first branch in St. Louis. This final capital infusion will ensure regulatory strength and allow the credit union to begin serving members immediately upon opening. “African Diaspora FCU represents the cooperative spirit that built our movement,” said Michael […] - [How credit union leaders can inspire giving during the holidays](https://thecreditunionconnection.com/how-credit-union-leaders-can-inspire-giving-during-the-holidays/): By: Pam Cohen, Chief Operating Officer at Affinity Federal Credit Union As we enter the season of giving, credit union leaders should step up. We’re uniquely positioned to support and guide our members at this time, building on a yearlong commitment to community. Every year, people come together to celebrate treasured traditions, share festive moments, and give back. We can help by gathering with them. The holidays are a chance to connect and celebrate, but they are also a challenge for many people. The cost of the season can approach $3,000 between travel, gifts, meals, and activities, according to our annual […] - [DCUC Urges Reinstatement of the CFPB’s Credit Union Advisory Council](https://thecreditunionconnection.com/dcuc-urges-reinstatement-of-the-cfpbs-credit-union-advisory-council/): The Defense Credit Union Council (DCUC) sent a letter last Friday to the Office of Management and Budget Director Russell Vought requesting the reinstatement of the Consumer Financial Protection Bureau’s Credit Union Advisory Council (CUAC). In the letter, Anthony Hernandez, DCUC’s President/CEO, urged through his position and influence to support reversing the executive order provision that disbanded the CUAC or otherwise facilitate the chartering of a new Credit Union Advisory Council. “The importance of the Credit Union Advisory Council (CUAC) cannot be overstated and has historically provided a critical forum for credit unions to share their on-the-ground expertise with CFPB leadership,” says […] - [Chartway Credit Union Recognized for Third Consecutive Year as One of the 50 Most Community-Minded Companies in Hampton Roads](https://thecreditunionconnection.com/chartway-credit-union-recognized-for-third-consecutive-year-as-one-of-the-50-most-community-minded-companies-in-hampton-roads/): Chartway Credit Union has been named an honoree of The Civic 50 Hampton Roads by VOLUNTEER Hampton Roads and Points of Light, the world’s largest organization dedicated to volunteer service. The award recognizes Chartway as one of the most community-minded companies in Hampton Roads determined by an independently administered and scored survey. The Civic 50 Hampton Roads initiative, modeled after Points of Light’s national program, provides a standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to drive social impact in their company and communities.  “We’re honored to be recognized by VOLUNTEER Hampton […] - [Credit union member experience trumps rates](https://thecreditunionconnection.com/customer-experience-interest-rates/): “Can someone sitting on their couch, annoyed with their bank, become a new credit union member in the time it takes to watch a Hulu ad?” That single question from Pete Longo does not just linger – it reframes the entire conversation about how credit unions compete in a world shaped by instant digital gratification. In his conversation with Sarah Snell Cooke on The Credit Union Connection, Pete points away from rate wars and toward something far more disruptive. The real competition is not only big banks. It is lifestyle platforms that members already trust and use every day. As […] - [Yolo Federal Credit Union Launches Member-Focused BNPL Program to Support Everyday Financial Success](https://thecreditunionconnection.com/yolo-federal-credit-union-launches-member-focused-bnpl-program-to-support-everyday-financial-success/): As Buy Now, Pay Later (BNPL) becomes increasingly common nationwide, consumers are looking to their trusted financial institution for these desired payment options. Yolo Federal Credit Union (Yolo FCU) has introduced a new BNPL program that offers greater flexibility and control over their everyday spending.  This in-house BNPL solution allows members to split eligible debit card purchases into easy, predictable installment payments within Yolo FCU’s secure Mobile and Online Banking platforms. Members can also use Yolo FCU’s BNPL program to instantly receive extra funds in their Checking Account prior to making a purchase. This integrated feature is another step toward […] - [Sikorsky Credit Union Helped Raise $42,000 For Milford Homeless Shelter](https://thecreditunionconnection.com/sikorsky-credit-union-helped-raise-42000-for-milford-homeless-shelter/): Sikorsky Credit Union proudly joined Harlow, Adams & Friedman, P.C. on Saturday, October 25th for the 14th Annual Milford Trick or Trot 5K Run/Walk—an event that brought the community together for a great cause. Thanks to the outstanding turnout as well as the generosity of sponsors and participants, more than $42,000 was raised to benefit the Beth-El Center in Milford, CT.  The Beth-El Center plays a vital role in the community by providing shelter, hunger relief programs, advocacy, and educational outreach to address homelessness and food insecurity. Their mission focuses not only on meeting urgent needs but also on offering […] - [Members Approve Merger Between Nutmeg State Financial Credit Union and CrossPoint Federal Credit Union](https://thecreditunionconnection.com/members-approve-merger-between-nutmeg-state-financial-credit-union-and-crosspoint-federal-credit-union/): Members of CrossPoint Federal Credit Union (CrossPoint) have overwhelmingly approved the proposed merger with Nutmeg State Financial Credit Union (Nutmeg), moving the partnership another step closer to completion. With all required regulatory and membership approvals now in place, the merger will be effective December 1, 2025, with operational integration planned for April 2026, forming a stronger, more connected financial cooperative serving members across Connecticut.  The combined credit union will operate under the Nutmeg State Financial Credit Union name and brand, with John Holt, Nutmeg’s current President and CEO, continuing as CEO of the combined organization. Darlene White, CrossPoint’s CEO, will […] - [Making Spirits And Classrooms Bright: Westerra Credit Union Relauches “Deck The Hallways” Supporting Colorado Schools](https://thecreditunionconnection.com/making-spirits-and-classrooms-bright-westerra-credit-union-relauches-deck-the-hallways-supporting-colorado-schools/): Credit Union Pledges to Donate $10,000 Title 1 Schools Sharing the season’s joy with the community, Westerra Credit Union (Westerra) will relaunch its second annual “Deck the Hallways” initiative – a program that provides scholastic support to Colorado school districts. From December 1 to 19, the credit union will donate $100 to Title 1 schools in the Denver Metro Area* each time a Smart Money Checking or Money Market Select account is opened by new members. The credit union will also gift each new member with a $100 deposit** as a thank you for helping local schools. After last year’s success, Westerra intends […] - [DCUC Applauds Senate Appropriations Proposal to Allocate Funds to CDFI](https://thecreditunionconnection.com/dcuc-applauds-senate-appropriations-proposal-to-allocate-funds-to-cdfi/): The Defense Credit Union Council, DCUC, releases the following statement regarding the Senate Appropriations Committee’s recent proposal to allocate $324 million to the CDFI Fund: “The Senate Appropriations Committee’s proposal is not just good budgeting, it is smart national policy,” says DCUC Chief Advocacy Officer Jason Stverak. “DCUC applauds this investment as it directly strengthens the ability of credit unions, especially those serving our military and veteran communities, to deliver affordable capital, expand financial inclusion, and support the economic resilience of the communities we serve.” CDFI-certified credit unions have long been on the front lines of community development. They provide safe, responsible […] - [How Credit Unions Can Compete When One Click Can Lose a Member](https://thecreditunionconnection.com/how-credit-unions-can-compete-when-one-click-can-lose-a-member/): The moment that stuck with me came early when Dan Hanks, senior vice president of product at i2c, described how quickly a member can drift away from their credit union today. Not out of frustration or dissatisfaction, but because a new card, a new app or a financial tool can be activated and used within minutes with your competitors. One click, and the relationship that used to anchor everything starts to slip. It was a small comment in the conversation, but it framed the entire discussion in a surprisingly human way. Sarah Snell Cooke leaned into that tension, asking what this splintering […] - [SCOTUS Passes on Removed NCUA Board Members’ Case and What That Means for the Agency's Future](https://thecreditunionconnection.com/scotus-passes-on-removed-ncua-board-members-case-and-what-that-means-for-the-agencys-future/): By Sarah Snell Cooke, Founder/CEO, The Credit Union Connection The Supreme Court declined to hear the case of fired NCUA board members Todd Harper and Tanya Otsuka on Nov. 24, 2025, according to Law360, leaving the regulatory fate of the nation’s credit union regulator hanging in constitutional limbo for the moment. Harper and Otsuka, the two Democratic board members President Trump fired without cause in April, had asked SCOTUS to take up their case on an expedited basis alongside the similar challenge from fired FTC Commissioner Rebecca Slaughter. The Court agreed to hear Slaughter’s case in December. SCOTUS seems to want to resolve […] - [Bay Federal Credit Union Supports Families in Need with Dollar-for-Dollar Match](https://thecreditunionconnection.com/bay-federal-credit-union-supports-families-in-need-with-dollar-for-dollar-match/): Holiday Effort pairs a $10,000 match to Local Food Banks with Black Friday weekend giving initiative. Bay Federal Credit Union is helping local families this holiday season with a community giving campaign that includes a $10,000 donation match and a Black Friday weekend promotion benefiting food banks across Santa Cruz, Monterey, and San Benito counties.  Members can make a donation to any of Bay Federal’s partner food banks, and the Credit Union will match contributions dollar for dollar until the $10,000 match is reached. Donations can be made online or at any branch location.  To build even more support, Bay […] - [Heritage South Community Credit Union Partners with Cotribute to Streamline Digital Account Opening Experience, Automate Loan Origination Process](https://thecreditunionconnection.com/heritage-south-community-credit-union-partners-with-cotribute-to-streamline-digital-account-opening-experience-automate-loan-origination-process/): Credit union selects modular digital platform to expand into new markets, provide frictionless account opening experience, grow deposits, increase membership, and enhance fraud prevention Cotribute announced today Heritage South Community Credit Union (Heritage South) has launched its consumer account opening and consumer loan application platforms. The credit union partnered with Cotribute to streamline the deposit onboarding experience, accelerate growth into newly expanded markets, enhance the overall member experience and strengthen fraud prevention capabilities. Heritage South, headquartered in Shelbyville, Tenn., has more than $351 million assets, 34,000 members and operates six branches across five counties and five cities in Middle Tennessee. Following […] - [Serve and Protect Credit Union Halts Debt Spiral for RAF Sergeant](https://thecreditunionconnection.com/serve-and-protect-credit-union-halts-debt-spiral-for-raf-sergeant/): Serve and Protect Credit Union provides senior RAF officer with an affordable consolidation loan after high street banks refuse, highlighting the hidden financial strain that impacts even well-paid armed forces personnel. Serve and Protect Credit Union, which recently reached the milestone of a decades’ worth of service to the armed forces community, has now helped an SNCO (Senior Non-commissioned Officer) from the Royal Air Force to escape a deepening cycle of debt. The officer found his situation spiralling despite earning a good salary and owning a rental property. A series of sudden financial shocks left him reliant on high-interest credit to […] - [Consumers Credit Union Wins Mastercard’s Small Business Impact Award](https://thecreditunionconnection.com/consumers-credit-union-wins-mastercards-small-business-impact-award/): Consumers Credit Union is proud to announce that we have been recognized by Mastercard® for our outstanding commitment to supporting small business through innovation and inclusion. This marks the sixth consecutive year Consumers has received the prestigious Mastercard Community Institution Segment Award, and this year we were honored in the Small Business Impact category. In 2025, Consumers launched a transformative initiative to modernize small business services, blending digital innovation with personalized member engagement. At the heart of this effort was the development of a new online business loan application platform, designed to streamline the lending process and eliminate paper-based workflows. […] - [Celebrate the Season of Giving with Reliant Credit Union](https://thecreditunionconnection.com/celebrate-the-season-of-giving-with-reliant-credit-union/): This holiday season, Reliant Credit Union is celebrating the spirit of giving by supporting organizations across the communities we serve. Each branch is assisting a local nonprofit by collecting goods and gifts, providing monetary and item donations, and/or volunteering their time.  “Our team looks forward to this effort every year because it reflects who we are as an organization,” said Pamela Heald, President & CEO of Reliant Credit Union. “At Reliant, we believe that lifting up our neighbors strengthens all of us. I’m incredibly proud of how our team and members rally to make a difference, and we encourage everyone […] - [New Orleans Firemen’s Federal Credit Union Wins Gold and Multiple Silver Anthem Awards](https://thecreditunionconnection.com/new-orleans-firemens-federal-credit-union-wins-gold-and-multiple-silver-anthem-awards/): National Recognition Honors NOFFCU’s Transformative Work in Cancer-Care Relief, Financial Equity, Faith-Based Empowerment, and Minority Homeownership Access  New Orleans Firemen’s Federal Credit Union (NOFFCU) is proud to announce that it has been honored with four national Anthem Awards—one Gold and three Silver—recognizing the credit union’s groundbreaking commitment to financial equity, member care, and community empowerment.  The Anthem Awards, an extension of the Webby Awards, celebrate the world’s most impactful purpose-driven organizations. Submissions come from more than 40 countries across mission-centered sectors such as Diversity, Equity & Inclusion, Community Engagement, Health, Humanitarian Action, and Responsible Technology.  NOFFCU’s wins position the credit […] - [People's Credit Union Volunteers with the Newport Salvation Army](https://thecreditunionconnection.com/peoples-credit-union-volunteers-with-the-newport-salvation-army/): Rings in the Holiday Season with a Thanksgiving Celebration Volunteers from People’s Credit Union once again teamed up with the Newport Salvation Army to help prepare over 300 Thanksgiving Meal Kits to be distributed to local families.  “At People’s, we are giving thanks this year for our friends at the Newport Salvation Army and all they do to support our neighbors in need,” said Heather Sweeney, Head of Newport’s branch at People’s Credit Union. “We are grateful to be a part of this Thanksgiving tradition and this special community, where we help each other not just at the holiday, but […] - [RCU Foundation Announces $250,000 Gift to the New Richmond Community Library ](https://thecreditunionconnection.com/rcu-foundation-announces-250000-gift-to-the-new-richmond-community-library/): The Royal Credit Union Foundation (RCU Foundation) has announced a $250,000 gift to the New Richmond Community Library. This contribution will support the construction of a new library that is part of a mixed-use development project in New Richmond.  “The New Richmond Community Library is an exciting, once-in-a-generation project that will benefit New Richmond and the surrounding communities for decades to come. Located near our historic downtown, the new facility will be a destination for learning and gathering for people of all ages,” said Noah Wiedenfeld, New Richmond City Administrator. “We greatly appreciate the support from the RCU Community Foundation […] - [DCUC to Treasury: Reject Bank-Backed Form 990 Mandate for Federal Credit Unions](https://thecreditunionconnection.com/dcuc-to-treasury-reject-bank-backed-form-990-mandate-for-federal-credit-unions/): Today, the Defense Credit Union Council, DCUC, sent a letter to U.S. Treasury Secretary Scott Bessent expressing strong opposition to recent banking-industry proposals that would require federal credit unions to file IRS Form 990. DCUC reminded that federal credit unions have been exempt from this filing for more than 50 years, a deliberate policy ruled by Congress recognizing their unique, member-owned, not-for- profit structure and lack of federal income tax liability. DCUC noted that credit unions already operate under extensive transparency and oversight requirements, including quarterly NCUA Call Reports containing thousands of data points on their financial operations, executive compensation, and lending […] - [Ryan Leak Announced as Keynote Speaker for Alkami Co:lab 2026](https://thecreditunionconnection.com/ryan-leak-announced-as-keynote-speaker-for-alkami-colab-2026/): Renowned New York Times bestselling author and podcast host to deliver ‘Leveling Up’ keynote on intentional growth and leadership Alkami Technology, Inc. today announced Ryan Leak as the keynote speaker for Alkami Co:lab 2026, taking place April 13–15, 2026, at the newly opened Gaylord Pacific Resort and Convention Center in San Diego, California. A New York Times bestselling author, podcast host, and leadership expert, Leak will headline the event with his keynote, ‘Leveling Up’, an interactive session designed to help leaders grow with focus and intentionality. Drawing on his experience researching and equipping leaders and teams at some of the world’s top organizations, Leak will […] - [Chartway Promise Foundation Grants Dreams and Shares Smiles at the 2025 Chartway Norfolk Harbor Half Marathon Race Weekend](https://thecreditunionconnection.com/chartway-promise-foundation-grants-dreams-and-shares-smiles-at-the-2025-chartway-norfolk-harbor-half-marathon-race-weekend/): Thousands unite to make dreams come true for medically fragile children and their families The 12th annual Chartway Norfolk Harbor Half Marathon Weekend brought thousands of runners, volunteers, and supporters to downtown Norfolk, transforming the city’s waterfront into a celebration of community, compassion, and hope. Presented by Chartway Credit Union in partnership with J&A Racing, the weekend highlighted the power of giving back through the Chartway Promise Foundation, which raises funds to bring joy, hope, and smiles to medically fragile children and their families. Through race registrations, donations, and fundraising activities, the event generated $9,800 for the foundation—supporting dreams, family […] - [Maine Credit Unions Surpass October Fundraising Goal to Fight Food Insecurity](https://thecreditunionconnection.com/maine-credit-unions-surpass-october-fundraising-goal-to-fight-food-insecurity/): $100,000 Ending Hunger Challenge Achieves Record-Breaking Results October marked the return of Maine Credit Unions’ Campaign for Ending Hunger’s annual $100,000 Ending Hunger Challenge. Throughout the month, credit unions across Maine united with one shared goal: to raise $100,000 to help fight food insecurity.  This year’s Challenge came during a period of heightened need, with many Mainers affected by the government shutdown and its impact on the Supplemental Nutrition Assistance Program (SNAP). Recognizing the increased demand for food assistance, participating credit unions organized a variety of fundraisers throughout the month. The result was a record-breaking success, with credit unions raising […] - [Introducing the First Harvest Financial Innovation Lab at Rowan College of South Jersey](https://thecreditunionconnection.com/introducing-the-first-harvest-financial-innovation-lab-at-rowan-college-of-south-jersey/): On Thursday, November 20, Rowan College of South Jersey (RCSJ), First Harvest Credit Union, and the Gloucester County Board of Commissioners celebrated the establishment of a new financial literacy lab – the First Harvest Financial Innovation Lab at RCSJ. “It is a great honor to stand before you today as we mark a pivotal moment in our College’s history with the opening of the First Harvest Financial Innovation Lab,” remarked Gloucester County commissioner educational liaison, Joann Gattinelli. “It really shows the academic growth of Rowan College of South Jersey and what a blessing it is to have such great partners […] - [SchoolsFirst Federal Credit Union Wins Three Awards from the Marketing Association of Credit Unions](https://thecreditunionconnection.com/schoolsfirst-federal-credit-union-wins-three-awards-from-the-marketing-association-of-credit-unions/): SchoolsFirst Federal Credit Union received three awards at the 2025 Marketing Association of Credit Unions (MAC) Awards held Oct. 29 in Ft. Lauderdale, FL. These annual awards recognize the most creative and effective marketing efforts in the credit union industry, judged on strategy, design, execution and measurable results. SchoolsFirst FCU received a Gold in Digital Advertising, a Bronze in Direct Mail and Print and a Bronze in Branch Merchandising.  Award-winning campaigns “This recognition reflects our marketing team’s ability to anticipate our Members’ needs by connecting with them through creative, compelling content,” said Mark Rapp, senior vice president of strategic marketing. […] - [CD Rate Trends in November 2025 – CD Valet’s CD APY Checkpoint Reveals Slight Rate Decline Across Most Terms](https://thecreditunionconnection.com/cd-rate-trends-in-november-2025-cd-valets-cd-apy-checkpoint-reveals-slight-rate-decline-across-most-terms/): CD Valet is a data-driven, saver-first platform that connects consumers with the best verified CD rates and terms nationwide. The company today shared its November APY Checkpoint, a real-time tool that helps consumers instantly see how their Certificate of Deposit (CD) rate compares against the market. The November analysis revealed that as of 11/20/2025, the top 10% APY benchmarks on all standard term CDs dropped by approximately 5 basis points from October’s APY checkpoint. The 12-month CD remained a strong option for shorter-term, higher-yield products, with top 10% APY at 3.92%. “As expected, there was a mild reduction in CD rates across […] - [1st Bank Yuma is Now OneAZ](https://thecreditunionconnection.com/1st-bank-yuma-is-now-oneaz/): Former 1st Bank Yuma customers are now officially part of OneAZ Credit Union, with expanded access to financial services. 1st Bank Yuma is now proudly part of OneAZ Credit Union. The closure of this acquisition marks a significant milestone in OneAZ’s growth and commitment to providing expanded financial services while continuing to invest in the Yuma, San Luis, and Nogales communities. With the addition of 1st Bank Yuma, OneAZ Credit Union’s combined assets grew to over $4.0 billion, strengthening our ability to serve members statewide. This acquisition allows us to bring our products and services to members in Yuma, San Luis, and Nogales, […] - [Greylock welcomes Santa Claus to Kellogg Street](https://thecreditunionconnection.com/greylock-welcomes-santa-claus-to-kellogg-street/): Santa’s sleigh will jingle into the Berkshires this holiday season, sliding into the Kellogg Street branch of Greylock Federal. The credit union is thrilled to host this esteemed guest and invites all children and their families to pop in for a free picture with Mr. Claus.  “We are so excited that Santa made time in his busy schedule to stop by Greylock again this year,” said Cindy Shogry-Raimer, Vice President, Director of Community Development. “As part of our commitment to spreading cheer and good will in our community, we’re inviting everyone to visit Santa. We’ll have a photo booth, and […] - [BrightBridge Credit Union Welcomes Laurie LaChapelle as Executive Vice President & Chief Financial Officer](https://thecreditunionconnection.com/brightbridge-credit-union-welcomes-laurie-lachapelle-as-executive-vice-president-chief-financial-officer/): BrightBridge Credit Union (BrightBridge) is pleased to announce that Laurie LaChapelle has joined the organization as Executive Vice President and Chief Financial Officer. LaChapelle has more than 20 years of financial services experience, including extensive leadership within the credit union industry and a deep commitment to the cooperative mission of supporting members and communities. LaChapelle began her career in auditing, spending eight years auditing credit unions and developing a strong understanding of financial operations and industry best practices. She most recently spent 14 years at Digital Federal Credit Union (DCU) where she advanced through several senior leadership positions including Vice […] - [DCUC Applauds NCUA Board Approval of 2026–2027 Budget and Commitment to Lower Costs and Supports the $1,776 ‘Warrior Dividend](https://thecreditunionconnection.com/dcuc-applauds-ncua-board-approval-of-2026-2027-budget-and-commitment-to-lower-costs-and-supports-the-1776-warrior-dividend/): The Defense Credit Union Council (DCUC) commends the National Credit Union Administration (NCUA) Board for approving the agency’s Operating, Capital, and Share Insurance Fund administrative expense budgets for 2026 and 2027. “We want to thank the NCUA for implementing a streamlined budget that significantly reduces overall expenses while enhancing financial stability for credit unions nationwide,” says Anthony Hernandez, DCUC President/CEO. “This budget reflects a thoughtful and disciplined approach to fiscal stewardship, reducing costs while supporting the core mission of credit union safety and soundness. We are grateful to the NCUA Board for prioritizing efficiency and member impact, and for the […] - [Alkami Exceeds 500 Positive Pay Customers as Demand for Fraud Prevention and Commercial Onboarding Grows](https://thecreditunionconnection.com/alkami-exceeds-500-positive-pay-customers-as-demand-for-fraud-prevention-and-commercial-onboarding-grows/): Alkami Technology, Inc. has announced that more than 500 financial institutions are now live with Alkami’s Positive Pay Solutions, including automated clearing house (ACH) Positive Pay and Check Positive Pay. This milestone reflects the growing number of banks and credit unions modernizing their ACH and check fraud protection and business client onboarding processes for Positive Pay. “Since moving to ACH and Check Positive Pay, we’ve seen a dramatic improvement in our onboarding processes and a reduction in fraud-related overhead,” said Robin Seelye, chief banking officer at Northwest Bank. “Alkami’s technology allows us to offer business clients a seamless, secure, efficient, and reliable experience while reducing […] - [NCUA Chairman Kyle Hauptman on Deregulation, Resilience, and What Credit Unions Should Stop Doing](https://thecreditunionconnection.com/ncua-chairman-kyle-hauptman-on-deregulation-resilience-and-what-credit-unions-should-stop-doing/): “There are things we ask credit unions to do that we don’t even read.” That moment lands hard in this conversation. Not because it’s dramatic, but because it’s honest. In a regulatory environment where checklists tend to grow endlessly and expectations often feel implied rather than explicit, NCUA Chairman Kyle Hauptman is naming something many credit union leaders have felt for years but rarely hear said out loud. When Sarah Snell Cooke, host of The Credit Union Connection, sits down with Kyle Hauptman, the discussion quickly moves beyond headlines about deregulation and into something more fundamental. What is actually worth […] - [Millennium Corporate Credit Union Appoints Haley DaVee as President/CEO](https://thecreditunionconnection.com/millennium-corporate-credit-union-appoints-haley-davee-as-president-ceo/): Millennium Corporate Credit Union announced today the appointment of Haley DaVee as its next President and Chief Executive Officer. A highly respected leader within the credit union movement, DaVee brings deep industry expertise, a collaborative leadership style, and a proven commitment to strengthening organizations that serve credit unions and their members. Mike Augustine, Chair of Millennium Corporate’s Board of Directors, shared the Board’s enthusiasm for DaVee’s appointment, “On behalf of the Board of Directors, we are excited about the selection of Haley as the next President/CEO of Millennium Corporate Credit Union. After a national search, Haley stood out due to […] - [The Verdict Is In: Experience Beats Rates](https://thecreditunionconnection.com/the-verdict-is-in-experience-beats-rates/): We asked our highly-targeted audience of LinkedIn followers a question you’ve probably debated at every strategic planning session: What matters more to members, competitive rates or great member experience? Out of 77 votes on our LinkedIn poll, 66% chose member experience and just 34% said rates were the deciding factor. Fortunately, no one responded, ‘Dunno.’ We did receive two comments:  Let’s be clear: Rates absolutely matter. And – they’re table stakes.  This poll confirms what you’re probably already seeing in your own data. Rates might attract members, but experience is what keeps them from leaving for the fintech app. The […] - [Simplified CECL Tool Updated for December 2025](https://thecreditunionconnection.com/simplified-cecl-tool-updated-for-december-2025/): The National Credit Union Administration today released the December 2025 update of its Simplified CECL Tool, which was developed primarily for small and non-complex credit unions as an option for estimating the allowance for credit losses on loans and leases. The update provides the latest life-of-loan—or Weighted Average Remaining Maturity—factors.  For credit unions currently using the Simplified CECL Tool, the December 2025 release facilitates calculating the credit loss expense on loans and leases for the period ending December 30, 2025. To get the latest version, please visit The Simplified CECL Tool page and click on “Download the Latest Simplified CECL Tool.” To […] - [The Velera Payments Index: December 2025](https://thecreditunionconnection.com/the-velera-payments-index-december-2025/): Today, Velera published the December edition of the Velera Payments Index, presenting a deep dive into international transactions in the Goods sector and an update on 2025 holiday spending. In November, year-over-year consumer spending growth remained consistent and positive. While consumer sentiment surveys have shown mixed results, concerns about high prices remain. Following the end of the six-week government shutdown, reporting on various economic indicators — including job growth, unemployment and inflation — resumed with the posting of the November results.  In a much-anticipated move, Federal Reserve Chair Jerome Powell announced a quarter-point interest rate cut earlier this month. While this reduction is the third […] - [Three Credit Unions Announce New Hires; Chartway Credit Union Announces Two New Associate Board Appointments](https://thecreditunionconnection.com/three-credit-unions-announce-new-hires-chartway-credit-union-announces-two-new-associate-board-appointments/): Three credit unions, including People’s Credit Union and Everwise Credit Union, announced new additions to their teams, and Chartway Credit Union announced the addition of two new associate members to its board of directors. New Hires: Recognitions: Promotions: Appointments: - [Centra Team Members Pay It Forward To Local Communities](https://thecreditunionconnection.com/centra-team-members-pay-it-forward-to-local-communities-2/): Centra Credit Union recently supported 16 local nonprofits with $10,000 in donations as part of the Centra Foundation’s Pay It Forward campaign. Pay It Forward empowers Centra’s Team Members to lead mini-service projects in groups that support local nonprofits. Centra and its Team Members love having the opportunity to get involved within the Communities they serve. As a financial institution rooted in the credit union philosophy of People Helping People, Centra actively seeks new ways to give their Team Members more opportunities to give back in unique and meaningful ways. The following nonprofit organizations were supported as part of Pay […] - [NCUA Board Approves Budget; Receives Update on Share Insurance Fund](https://thecreditunionconnection.com/ncua-board-approves-budget-receives-update-on-share-insurance-fund/): The National Credit Union Administration Board held its seventh open meeting of 2025 and received a briefing on the agency’s operating budgets for 2026-2027. The Board was also briefed on the performance of the National Credit Union Share Insurance Fund (Share Insurance Fund) for the third quarter of 2025.  2026-2027 BUDGET APPROVED  The Board approved NCUA’s Operating, Capital, and Share Insurance Fund administrative expenses budgets for 2026 and 2027. “I’m proud to deliver a NCUA budget unlike any in recent history,” Chairman Hauptman said. “It’s different mainly in that it’s much smaller than in prior years, but it’s also different in that […] - [The MANTL–Alloy Partnership Surpasses 2 Million Processed Applications ](https://thecreditunionconnection.com/the-mantl-alloy-partnership-surpasses-2-million-processed-applications/): This milestone reflects the strength of the partnership as it redefines how financial institutions balance growth, user experience, and fraud prevention MANTL, an Alkami solution team, and Alloy today announced that their partnership has processed more than 2 million deposit applications, achieving an average automated application decision rate exceeding 80%. The partnership now supports over 150 shared customers, delivering a seamless, end-to-end account opening and risk management workflow that helps financial institutions increase conversion rates, reduce fraud, and scale their operations. “Within a year of overhauling our account opening process with MANTL and fully leveraging the MANTL–Alloy integration, Ascend Bank reduced new account fraud losses […] - [Reliant Donates Sneakers for Children in Victor Central School District through The Spot](https://thecreditunionconnection.com/reliant-donates-sneakers-for-children-in-victor-central-school-district-through-the-spot/): Reliant Credit Union continues its dedication to helping students in the Finger Lakes put their best feet forward! Reliant recently donated 73 pairs of sneakers to The Spot at Victor Central School District. The sneakers will be given to students at Victor Elementary School. This is the fourth donation this year for Reliant’s Feet Forward program, a special community effort Reliant created in 2016, through which the credit union partners with area schools and organizations to provide quality sneakers to kids who need them. For the sixth year in a row, Reliant is collaborating with Jonathan Griffiths, owner of Rochester […] - [The Future of Credit Unions Is Now: Money 20/20 USA - a Retrospective](https://thecreditunionconnection.com/the-future-of-credit-unions-is-now-money-20-20-usa-a-retrospective/): Sarah Snell Cooke, founder/CEO, The Credit Union Connection We dragged our cameras to Money 20/20 USA in Las Vegas, the Super Bowl of fintech conferences, to find out what’s actually next for credit unions. Between the blockchain evangelists, AI hype merchants and approximately 4,789 companies claiming to ‘revolutionize payments,’ we tracked down the experts who know and understand credit unions. Credit union executives making real decisions. Technology leaders building solutions that don’t require a PhD to implement. Industry veterans who’ve seen enough shiny objects to know which ones are worth the investment. In this video series, you’ll hear from the […] - [The Kids-N-Hope Foundation Donates $710,000 to Local Hospitals and Community Organizations This Holiday Season](https://thecreditunionconnection.com/the-kids-n-hope-foundation-donates-710000-to-local-hospitals-and-community-organizations-this-holiday-season/): These Gifts Support Music Therapy Programs and Other Pediatric Health and Life Services for Several Hospitals and Community Organizations The Kids-N-Hope Foundation (“The Foundation”) has donated $710,000 in annual contributions to 17 local hospitals and community organizations throughout the local area in 2025. This includes a $600,000 donation to Children’s Hospital of Philadelphia (“CHOP”). To date, The Foundation has donated more than $5.1 million to support their mission of funding pediatric health and life services, such as music therapy. In addition to CHOP, other organizations who received a gift from The Foundation included: Barber National InstituteCatholic Community ServicesChrist’s HomeCORA ServicesDoylestown […] - [Lake Trust Credit Union Renews Commitment to Allen Neighborhood Center, Supports Local Entrepreneurs](https://thecreditunionconnection.com/lake-trust-credit-union-renews-commitment-to-allen-neighborhood-center-supports-local-entrepreneurs/): Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, today announced the five-year extension of its partnership with Allen Neighborhood Center (ANC), a Lansing-based community hub. As part of the renewed collaboration, Lake Trust will support the Lansing community through new professional workshops and educational courses, focused on financial wellbeing education for entrepreneurs and the ANC Youth Corp, a job and life skill development program for neighbors between the ages of 11-17. Notably, a portion of the funds donated by Lake Trust will be earmarked for ANC’s Entrepreneurship Support Fund, offering financial assistance […] - [Lumin Digital Chosen by Neighbors Federal Credit Union to Provide Effortless Digital Banking Experience](https://thecreditunionconnection.com/lumin-digital-chosen-by-neighbors-federal-credit-union-to-provide-effortless-digital-banking-experience/): Cloud-native digital banking provider, Lumin Digital, today announced that Neighbors Federal Credit Union, based in Baton Rouge, LA, has selected Lumin Digital as its digital banking provider.  When Neighbors Federal Credit Union sought out a new digital banking system, Lumin Digital’s cloud-native architecture, commitment to continuous innovation, and proven reliability stood out. The platform’s modern, intuitive interface and regular platform enhancements will provide Neighbors FCU with a seamless, natural experience for its members and staff. “Neighbors FCU is a strong example of how financial institutions are reimagining digital banking to better serve their members,” said Kelley Michalik, Chief Growth Officer at Lumin […] - [Tech CU Selects Upstart for Personal Loans and Auto Refinance Loans](https://thecreditunionconnection.com/tech-cu-selects-upstart-for-personal-loans-and-auto-refinance-loans/): Tech CU has partnered with Upstart to offer personal loans and auto refinance loans to more consumers. “Technology Credit Union has always focused on delivering innovative financial solutions that WOW our members,” said Josh Bluhm, Chief Lending Officer at Tech CU. “Our partnership with Upstart allows us to expand that commitment by leveraging AI-driven, digital experiences to meet members where they are, with faster, smarter, and more seamless lending options.” Tech CU started lending as a partner on the Upstart Referral Network for personal loans in September 2025, with plans to expand into auto refinance loans in early 2026. As […] - [Franklin Mint Federal Credit Union President/CEO, Michael B. Magnavita to Retire in May 2026. Drew Stanley Appointed Successor.](https://thecreditunionconnection.com/franklin-mint-federal-credit-union-president-ceo-michael-b-magnavita-to-retire-in-may-2026-drew-stanley-appointed-successor/): Franklin Mint Federal Credit Union’s (FMFCU) Board of Directors announced today Michael B. Magnavita, CPA, President/CEO, will retire effective May 1, 2026. Under Magnavita’s leadership, the last seven as President/CEO, FMFCU has continued to grow and expand products and services, reaching $1.9 billion in assets and receiving Forbes’ “Best in State” award two years running and American Banker’s “Best Credit Union to Work For” six years in a row. “Michael dedicated nearly 40 years to serving FMFCU members and empowering employees,” said Leon Spencer, Chair of the Board of Directors. “We thank him for his tremendous leadership and contributions to […] - [JetStream Federal Credit Union Spreads Holiday Cheer through Toy Drive Benefiting Kristi House](https://thecreditunionconnection.com/jetstream-federal-credit-union-spreads-holiday-cheer-through-toy-drive-benefiting-kristi-house/): JetStream Federal Credit Union is proud to announce the successful completion of its annual holiday toy drive benefiting the children of Kristi House. JetStream employees once again came together to collect new, unwrapped toys to help bring joy and comfort to children and families served by Kristi House during the holiday season. Kristi House, a nonprofit organization dedicated to providing trauma-informed care and support for young survivors of sexual abuse, human trafficking, and other forms of abuse, hosts an annual toy drive to ensure children in their programs receive gifts during the holidays. This initiative is made possible through the […] - [In a Declining Rate Environment, Precision Matters — Here’s an Underutilized Low-Risk Strategy for Higher Overnight Yield ](https://thecreditunionconnection.com/in-a-declining-rate-environment-precision-matters-heres-an-underutilized-low-risk-strategy-for-higher-overnight-yield/): David Savoie, CEO, LaCorp The Federal Open Market Committee (FOMC) enacted its third rate cut of the year this week, reducing both the Fed Funds target range and the Interest on Reserve Balances (IORB) by 25 basis points. As we continue to shift into a declining rate environment, credit union decision-makers are understandably focused on portfolio positioning, margin pressure, and reinvestment risk.  We approach this kind of environment a little differently — and there’s an opportunity here for your credit union to do the same.  Don’t Think in Absolute Rates — Think Spread  While most investors look to lock in fixed-rate yields ahead of future rate drops, corporate credit unions like LaCorp are structured […] - [Financial Plus Credit Union Helped Raise over $200,000 for Local Cancer Patients](https://thecreditunionconnection.com/financial-plus-credit-union-helped-raise-over-200000-for-local-cancer-patients/): Pink Night Palooza, co-founded by Financial Plus Credit Union and the Hurley Foundation, celebrated its 17th year with another incredible show of community support. The annual campaign raised $202,085 for the Hurley Breast Cancer Navigation Fund, continuing its mission of helping local patients access essential care and support during treatment. The grand total reflects the combined efforts of sponsors, donors, auction participants, and mini fundraisers. Financial Plus Credit Union contributed a record $35,000 toward this year’s fundraising total through its annual mini fundraisers, Banking to Beat Cancer and Pink Bake Sale, along with a corporate donation. Banking to Beat Cancer raised $13,958, […] - [SDCCU Helps Raise over $415,098 for Rady Children’s Hospital during Rady Children’s Giveathon](https://thecreditunionconnection.com/sdccu-helps-raise-over-415098-for-rady-childrens-hospital-during-rady-childrens-giveathon/): SDCCU thanks the community for their support! San Diego County Credit Union® (SDCCU®) partnered with iHeartMedia San Diego to help raise over $415,098 to support the efforts of Rady Children’s Hospital during the Rady Children’s Giveathon. Funds generated from the campaign will be used to help Rady Children’s continue to provide state-of-the-art care and support to young patients and their families.  The two-day Giveathon allowed members of the community to give monetary donations online, via text message or phone call. Donors that called in during the SDCCU Giving Hour on December 9 were able to speak with members of Team SDCCU to process […] - [Backbone Coalition Unites Credit Unions Nationwide with Four New Members, Including Pentagon Federal Credit Union](https://thecreditunionconnection.com/backbone-coalition-unites-credit-unions-nationwide-with-four-new-members-including-pentagon-federal-credit-union/): Representing members across 23 states, Backbone amplifies how credit unions show up for everyday people when they need it most, coast-to-coast Backbone is expanding with four new members, including Pentagon Federal Credit Union (Virginia), the nation’s fourth-largest federal credit union serving close to 3 million members. Pentagon Federal Credit Union joins ORNL Federal Credit Union (Tennessee), Loyalty Credit Union (Florida), and Johns Hopkins Federal Credit Union (Maryland) bringing Backbone’s membership to 27 credit unions and leagues. Backbone has also finalized its structure as a credit union service organization (CUSO), with ownership by Community Financial Credit Union, FourLeaf Federal Credit Union, GoWest Credit Union Association and Great Lakes Credit Union. “PenFed is thrilled to […] - [MSUFCU Celebrates The Culture of Finances Winter Graduates](https://thecreditunionconnection.com/msufcu-celebrates-the-culture-of-finances-winter-graduates/): The Culture of Finances program from MSU Federal Credit Union (MSUFCU) continues to help individuals achieve financial literacy through its courses and is proud to present its winter 2025 graduates. Since 2023, The Culture of Finances has dedicated itself to educating individuals and developing their financial growth through unique educational courses. It provides participants with resources to take charge of their monetary habits and become financially confident. “The Culture of Finances is a vital community outreach program engineered to equip individuals with the essential tools, practices, and resources required for achieving sustainable financial wellness,” said Jamara Randall, The Culture of Finances Manager. “We are […] - [The Push to Elevate Credit Unions' Brand: Inside a Conversation with Troy Stang](https://thecreditunionconnection.com/the-push-to-elevate-credit-unions-inside-a-conversation-with-troy-stang/): The moment Sarah Snell Cooke asks why credit unions are still not the first voice consumers hear in financial guidance, the tension becomes clear. Troy Stang, president/CEO of the GoWest Credit Union Association, remembers scanning the Sunday paper for years and seeing banks quoted on every topic from budgeting to mortgages, while credit unions remained largely invisible. That absence, he explains, has shaped public awareness far more than the movement realizes. It is also what pulled Troy toward Backbone, a collaborative effort focused on giving credit unions a steady, relevant presence in the national conversation. Not through quick marketing bursts, […] - [MANTL Partners with Method Financial to Modernize Loan Refinancing with Real-time Liability Data Integrations ](https://thecreditunionconnection.com/mantl-partners-with-method-financial-to-modernize-loan-refinancing-with-real-time-liability-data-integrations/): New capabilities will enhance decisioning accuracy, automate payoff processes, and elevate the borrower experience with MANTL Loan Origination MANTL today announced a strategic partnership with Method Financial (Method), a provider of consumer permissioned financial connectivity. Through this partnership, Method’s real-time liability data will be integrated directly into the MANTL Loan Origination platform, empowering financial institutions to streamline decisioning, improve prequalification accuracy, and deliver a faster, more transparent refinancing and debt consolidation experience across their physical and digital banking channels.  MANTL expanded its deposit account opening platform to include loan origination, enabling financial institutions to manage both sides of the balance sheet and meet the rising demand […] - [Consumer Bankruptcies Dip in November, Year-Over-Year Trend Remains Upward](https://thecreditunionconnection.com/consumer-bankruptcies-dip-in-november-year-over-year-trend-remains-upward/): Commercial bankruptcies rose 13% month-over-month, and nearly 14% year-over-year Consumer bankruptcy filings dropped -18.4% to 42,372 in November 2025 from the previous month, according to data observed by G2 Risk Solutions (G2RS), one of the country’s largest providers of bankruptcy management services. However, when compared against November 2024, the total consumer filings for the month were up 8.11% year-over-year (YoY). On the commercial side, bankruptcy filings in November increased 13% over October 2025 to reach 1,259. When compared against November 2024, filings were up 13.73% YoY. “While November’s consumer bankruptcy data shows a marked monthly decline, the year-over-year comparison tells a more complex story,” said Ryan […] - [Connexus Adds AKUVO to Power Next-Gen Collections](https://thecreditunionconnection.com/connexus-adds-akuvo-to-power-next-gen-collections/): AKUVO has announced that Connexus Credit Union has selected the AKUVO collections platform. Connexus, a $4 billion financial institution headquartered in Wausau, Wis., serves more than 465,000 members nationwide. With a strong commitment to integrity and transparency, Connexus delivers high-value, innovative financial solutions designed to empower member-owners while driving sustainable growth.  Following rapid organizational growth and an expanding portfolio, Connexus sought a collections solution with powerful automation, robust reporting, specialty account management and strong support for digital channels. The AKUVO platform will provide this dynamic institution with scalable workflows, real-time insights and flexible tools designed to increase efficiency and improve […] - [Catalyst Announces Integration with Jack Henry™ Solutions](https://thecreditunionconnection.com/catalyst-announces-integration-with-jack-henry-solutions/): Collaboration allows TranzCapture Teller Capture to integrate with Symitar® Catalyst today announced that it has worked with Jack Henry™ to integrate its TranzCapture Teller Capture with Symitar®.  Catalyst’s TranzCapture Teller Capture integrates with Symitar via a Custom Solutions integration that enables third-party access to the platform’s core data and business rules. These custom integrations are specifically crafted for TranzCapture Teller Capture to achieve a universal integration approach that serves a broad array of credit unions.  The TranzCapture suite of solutions, created by Catalyst, natively accepts remote deposits across all common capture end points, bringing every image into a central control […] - [Texas Trust Gives Foundation Spreads Joy with Donation of $27,500 to Christmas Toy Drives](https://thecreditunionconnection.com/texas-trust-gives-foundation-spreads-joy-with-donation-of-27500-to-christmas-toy-drives/): Charitable toy drives across the metroplex received a boost this month with a check from the Texas Trust Gives Foundation.  Texas Trust Credit Union employees were busy spreading joy this month, delivering checks ranging from $1,500 to $8,500 to organizations in Dallas-Fort Worth, Athens, and San Angelo. Donations were made to Toys for Tots in Mansfield, Cedar Hill, San Angelo and Athens the Mission Joy Toy Drive for Mission Arlington, the Salvation Army, and the Santa’s Helpers in Grand Prairie. The donations allow these charities to purchase toys and necessities to ensure every child they serve has something new to open […] - [Apiture’s My Data Exchange™ Empowers Banks and Credit Unions with Secure, Seamless Data Sharing Access for Account Holders](https://thecreditunionconnection.com/apitures-my-data-exchange-empowers-banks-and-credit-unions-with-secure-seamless-data-sharing-access-for-account-holders/): Apiture today announced the launch of My Data Exchange™, a new feature enabling financial institutions to offer account holders greater visibility and control over how their data is shared with third parties. With My Data Exchange, consumers and businesses can securely locate and link their financial accounts to budgeting, lending, accounting, and other apps directly within those third-party experiences. Account holders increasingly expect to connect their financial accounts to external services with a seamless and secure process that eliminates manual steps and provides real-time access to their data. My Data Exchange simplifies this process through integrations with trusted data aggregators such […] - [CES Credit Union Appoints Mike Copley as President/CEO](https://thecreditunionconnection.com/ces-credit-union-appoints-mike-copley-as-president-ceo/): CES Credit Union has selected Mike Copley as its next President and Chief Executive Officer. Copley, who has been a key leader at CES for more than a decade, steps into the role following the retirement of Sandy Coffing. Sandy concludes over 30 years with CES, and the credit union is grateful for her many years of dedication as she begins her next chapter. With Mike’s experience, steady leadership, and strong connection to the CES team and community, the organization is well-positioned for its next phase of growth and service.  Copley’s appointment reflects the Board’s confidence in his leadership and […] - [Vantage West Recognized By Newsweek As One Of America’s Best Regional Credit Unions For Third Consecutive Year](https://thecreditunionconnection.com/vantage-west-recognized-by-newsweek-as-one-of-americas-best-regional-credit-unions-for-third-consecutive-year/): Vantage West Credit Union has been recognized by Newsweek as one of America’s Best Regional Credit Unions for third consecutive year. Read more about what makes Vantage West stand out at www.VantageWest.org/Why-us.  Newsweek and Plant-A Insights Group recognized companies that are committed to powering local economies by supporting small businesses, financing community projects, and providing reliable access to everyday banking services.  “We’re honored to be recognized by Newsweek,” said Sandra Sagehorn-Elliott, CEO at Vantage West. “This award reflects our ongoing commitment to our members and the communities we serve. We owe this recognition to the incredible teamwork and member-centric approach […] - [Travis Credit Union Named to Newsweek’s America’s Best Regional Banks & Credit Unions 2026](https://thecreditunionconnection.com/travis-credit-union-named-to-newsweeks-americas-best-regional-banks-credit-unions-2026/): Award recognizes Travis Credit Union’s financial strength and member satisfaction Travis Credit Union (TCU) announced today that it has been recognized as one of America’s Best Regional Banks & Credit Unions 2026 by Newsweek and Plant-A Insights Group.  The recognition is based on one of the most comprehensive studies in the industry, evaluating thousands of institutions nationwide on financial health, customer sentiment, and digital reputation. More than 8,800 banks and credit unions were reviewed on:  · Financial benchmarks like profitability and loan quality  · Customer feedback from more than 140,000 respondents over three years  · Digital reputation through millions of […] - [Texans Credit Union Named to Newsweek's America's Best Regional Credit Unions for 2026](https://thecreditunionconnection.com/texans-credit-union-named-to-newsweeks-americas-best-regional-credit-unions-for-2026/): Honor reflects Texans Credit Union’s focus on delivering clear, connected, human-centered financial solutions that help members advance their financial lives Texans Credit Union has been recognized on Newsweek’s America’s Best Regional Banks & Credit Unions 2026 list, an annual independent ranking based on more than 70,000 customer surveys evaluating service, trust, overall customer satisfaction and financial excellence. “To be recognized alongside such a select group of financial institutions only affirms Texans Credit Union’s commitment to doing right by its members,” said Texans Credit Union CEO David Frazier. “The positive customer feedback that contributed to Texans’ inclusion on this list speaks to the strong […] - [Oregon State Credit Union Celebrates Year of Impact: Empowering People and Strengthening Communities](https://thecreditunionconnection.com/oregon-state-credit-union-celebrates-year-of-impact-empowering-people-and-strengthening-communities/): In this season of giving, Oregon State Credit Union is wrapping up a year of service and generosity, guided by its unwavering commitment to financial wellness, education and giving back to its communities. In 2025, Oregon State Credit Union delivered measurable impact for its members by increasing access to affordable housing, awarding student scholarships and teacher grants, and supporting children’s health and literacy initiatives. Team members also volunteered more than 3,300 hours with local nonprofits and led initiatives to build financial stability and capability in its communities. “As a member-owned, not-for-profit financial cooperative, our mission is rooted in people helping […] - [In the Season of Giving, Genisys Credit Union volunteers 2,300 hours across 11 Nonprofits](https://thecreditunionconnection.com/in-the-season-of-giving-genisys-credit-union-volunteers-2300-hours-across-11-nonprofits/): As the holiday season highlights the spirit of giving, the team at Genisys Credit Union showcased the heart of the credit union movement, “people helping people,” by volunteering 2,300 hours at 11 nonprofit organizations in six counties during a collective day of caring. “The mission for our day of caring was centered around being present in our communities in Michigan and Minnesota; listening, serving, and making a real difference, together,” said Jackie Buchanan, President and CEO of Genisys Credit Union. “Even though our team is spread out, our commitment to community keeps us connected. By working alongside our nonprofit partners, […] - [Addition Financial Credit Union Team Members Volunteer More Than 450 Hours During “Season of Giving” Campaign](https://thecreditunionconnection.com/addition-financial-credit-union-team-members-volunteer-more-than-450-hours-during-season-of-giving-campaign/): The holiday season once again brought out the spirit of generosity among Addition Financial Credit Union team members, who volunteered their time and resources to support nonprofits across Central Florida, North Florida, and South Georgia as part of the organization’s annual “Season of Giving” campaign. Over the months of November and December, more than 150 Addition Financial volunteers dedicated over 450 hours of service through ten volunteer events benefiting ten different nonprofit organizations. Team members spread holiday cheer through a variety of community projects, including: “Every year, our team members show incredible generosity through their time, energy, and compassion for others,” said Cassie Roach, […] - [Coastal Credit Union Collects Toys for 200 Children in Salvation Army Angel Tree Program](https://thecreditunionconnection.com/coastal-credit-union-collects-toys-for-200-children-in-salvation-army-angel-tree-program/): Coastal Credit Union announced that it collected toys for 200 children in need, in partnership with the Salvation Army Angel Tree program. Coastal hosted Angel Trees at all area branches from November 10 to December 5. Credit union members and employees generously donated, ensuring that 100% of the angels available at Coastal were adopted.  The holiday season is a time when many families in our communities face financial hardship, and this year, nearly 8,000 children have registered for the Angel Tree program. Photo Gallery Credit: Paul Styron - [UMassFive Awards Amherst Cinema with $10,000 UMass Athletics Advertising Package in Second Annual Small Business Spotlight Contest](https://thecreditunionconnection.com/umassfive-awards-amherst-cinema-with-10000-umass-athletics-advertising-package-in-second-annual-small-business-spotlight-contest/): UMassFive College Credit Union (UMassFive) is excited to announce Amherst Cinema as the grand prize winner of its second annual Small Business Spotlight contest. Nominated by the community, the winner was revealed at the final UMass football home game of the season at McGuirk Alumni Stadium on Tuesday, November 25, ahead of Small Business Saturday. Amherst Cinema will receive a $10,000 UMass Athletics advertising package, featuring exposure across digital displays, radio reads, email campaigns, and tabling opportunities at the Mullins Center during UMass basketball and hockey home games for the remainder of the season. The contest underscores the partnership between […] - [Reseda Group, Constant AI Bring Instant Loan Operations to 47M Consumers, Members Nationwide](https://thecreditunionconnection.com/reseda-group-constant-ai-bring-instant-loan-operations-to-47m-consumers-members-nationwide/): Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), today announced it is partnering with Constant AI, a leader in intelligent loan operations automation. As part of this strategic collaboration, Reseda Group is adding Constant’s AI-powered platform to its ecosystem, expanding fintech access across its growing network of credit unions and financial institutions that serve more than 47 million members and consumers nationwide. “At Reseda Group, we are focused on connecting credit unions with fintech innovators like Constant AI that help them create real impact for their members,” said Ben Maxim, chief operating office of Reseda Group and chief technology […] - [THE LOCAL Credit Union Renews Partnership with Mahalo Banking to Advance Member-Centric Digital Services](https://thecreditunionconnection.com/the-local-credit-union-renews-partnership-with-mahalo-banking-to-advance-member-centric-digital-services/): Continued collaboration reinforces credit union’s commitment to innovation, deep core integration, and enhanced digital capabilities THE LOCAL Credit Union (‘THE LOCAL’) has renewed its partnership with Mahalo Banking, a CUSO specializing in online and mobile banking solutions for credit unions. The renewal underscores THE LOCAL’s focus on leveraging technology to enhance member engagement, streamline operations, and maintain its position as a digital-first credit union. Since becoming Mahalo Banking’s very first client, THE LOCAL has set the standard for innovation and partnership on its Thoughtful Banking™ platform. Through Mahalo’s deep integration with the Corelation KeyStone core, THE LOCAL offers members a […] - [Member Loyalty Group Introduces AI-Powered Solution to Help Credit Unions Close the Feedback Loop Faster, More Effectively](https://thecreditunionconnection.com/member-loyalty-group-introduces-ai-powered-solution-to-help-credit-unions-close-the-feedback-loop-faster-more-effectively/): Member Loyalty Group today announced the availability of a new generative AI-powered solution that enables credit unions to respond to member feedback more efficiently, consistently, and with a personal touch. Credit unions understand the importance of acknowledging and acting on member feedback, but crafting thoughtful, tailored responses at scale can be time-consuming and inconsistent. With the AI-powered enhancement, credit unions can overcome these challenges by automatically generating customized, on-brand replies directly within Member Loyalty Group’s platform. This addition to the Member Loyalty Group platform leverages generative AI to draft personalized messages based on the content and score of each survey […] - [Unitus Community Credit Union Named One of Portland’s Most Admired Companies](https://thecreditunionconnection.com/unitus-community-credit-union-named-one-of-portlands-most-admired-companies/): Portland Business Journal recognizes the credit union for contributions in the financial services industry Portland Business Journal has named Unitus Community Credit Union the tenth most admired company in the financial services industry in the Portland Metro Area. The recognition celebrates companies based on survey results from more than 200 local leaders. The newspaper surveyed CEO-level executives, asking them to select companies or organizations they most admire in ten industry categories. Unitus was one of two credit unions to earn this distinction in financial services. “It’s an honor to be recognized by Portland Business Journal and local leaders who shared their admiration for Unitus,” […] - [GLCU and the GLCU Foundation for Financial Empowerment Give Back in the Spirit of Banking for a Greater Good](https://thecreditunionconnection.com/glcu-and-the-glcu-foundation-for-financial-empowerment-give-back-in-the-spirit-of-banking-for-a-greater-good/): Great Lakes Credit Union (GLCU) and the GLCU Foundation for Financial Empowerment are proud to announce the impact of their recent winter giveback campaigns, including their annual winter coat drive, holiday giveback campaign, and Giving Tuesday donation drive. GLCU collected more than 850 items for the community through its annual coat drive. During the month of November, GLCU placed do