Press Archives

Central 1 reports 2020 first quarter financial results

VANCOUVER, BC (May 22, 2020) — Central 1 Credit Union (‘Central 1’ or ‘the organization’) reported a loss after tax of $67.0 million for the first quarter (Q1) ended March 31, 2020, compared to a profit after tax of $25.1 million in 2019. ...

Land of Lincoln Credit Union will reopen lobbies on Friday, May 29

DECATUR, IL (May 22, 2020) — Land of Lincoln Credit Union (LLCU) announced today that all LLCU offices throughout central Illinois will re-open lobbies beginning Friday, May 29th. Due to the COVID-19 pandemic, LLCU lobbies have been closed to members and facilities have been operating ...

LQD Business Finance launches PPP forgiveness platform

CHICAGO, IL (May 22, 2020) — LQD Business Finance, a leading tech-enabled commercial lender, has launched a new Managed Services Platform for processing PPP Loan Forgiveness Applications. Using data integration and automation, LQD Finance’s Managed Services Platform largely eliminates the tedious and manual processes ...

Service separates Mahalo from other fintechs courting credit unions

CHELSEA, MI (May 22, 2020) — Not for profit, not for charity, but for service. The credit union motto makes it crystal clear: service is what separates credit unions from banking competitors. Digital Banking provider Mahalo Banking believes that great technology is ultimately of no ...

Allied Solutions announces strategic partnership with RDN

CARMEL, IN (May 22, 2020) — Allied Solutions, LLC, one of the largest providers of insurance, lending, and marketing products to financial institutions in the U.S. for more than 40 years, announced today its partnership with Recovery Database Network (RDN), a business unit of ...