Press Archives

Jennifer Boyle promoted to Vice President of Lending

SANTA ROSA, CA (May 23, 2019) — Jennifer Boyle has been promoted to vice president of lending for Redwood Credit Union (RCU). In her new role, Boyle will manage the credit union’s loan documentation, funding, servicing, collection, and loss-mitigation activities for the consumer, mortgage, ...

Nuvision Credit Union honors military personnel with gas and carwash giveaway

HUNTINGTON BEACH, CA (May 23, 2019) — Nuvision Credit Union – a full-service financial institution serving members in Los Angeles and Orange County – will host its fifth annual gas-giveaway on Memorial Day, in honor of veterans and active military personnel. The two-hour giveaway, scheduled from 8 ...

NCUA should examine floating interest rate cap for FCU loans

WASHINGTON, DC (May 22, 2019) — Credit Union National Association (CUNA) requested National Credit Union Administration (NCUA) explore the idea of adopting a floating interest rate cap for federal credit union loans instead of its traditional fixed interest rate (currently 18%) in a letter to ...

OT proposal improved, but DOL should not create burdens for CUs

WASHINGTON, DC (May 22, 2019) — Credit Union National Association (CUNA) responded to the Department of Labor’s (DOL, Department) overtime regulation proposal under the Fair Labor Standards Act (FLSA). CUNA urges the DOL to further consider how the current proposal would create excessive costs ...

Addition Financial receives Harvey Milk Diversity in Business Award

LAKE MARY, FL (May 22, 2019) — Thanks to a robust partnership with The LGBT+ Center of Orlando (The Center), Addition Financial has received the first-ever Harvey Milk Diversity in Business Award. This award recognizes a local business that celebrates and promotes diversity and inclusion ...

Registration now open for ALM First Financial Forum

SAN DIEGO, CA (May 22, 2019) — Clients and non-clients may now register for ALM First’s 2019 Financial Forum, which will be held September 23 – 25 at La Cantera Resort & Spa in San Antonio, Texas. This annual three-day conference is the premier event ...

Patelco Credit Union opens new branch in Novato

PLEASANTON, CA (May 22, 2019) — Patelco Credit Union has opened its newest branch located in the Vintage Oaks Shopping Center at 112 Vintage Way Suite C1 in Novato, California. This new locationwill enable the credit union to better serve its members in the Novato ...

Youth members deposit more than $1 million in April

EAST LANSING, MI (May 22, 2019) — During National Credit Union Youth Month in April, MSU Federal Credit Union (MSUFCU) encouraged youth members to add to their savings through two different youth-focused contests. The top prize was a $100 1-Year-Add-On Certificate. The results were amazing; ...

MECU Credit Union launches new logo and branding campaign

BALTIMORE, MD (May 22, 2019) — MECU Credit Union (pronounced "me-cue") today announced a new brand strategy as part of a renewed focus on providing better banking to individuals and businesses throughout the Baltimore region. The rebrand is aligned with the credit union’s strategic ...