Press Release Archive

The National Credit Union Administration issued one prohibition order in July. This individual is prohibited from participating in the affairs of any federally insured depository institution. Michael Viselli, a former…

The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its commitment to military heroes with a $50,000 grant to support the Armed Services YMCA (ASYMCA) to mitigate…

Financial Plus Credit Union has signed a new partnership with Array, a financial innovation platform, solidifying its core commitment of providing membership with resources to enhance their financial wellness. “Array…

The Department of Justice and the Consumer Financial Protection Bureau (CFPB) issued a joint letter today reminding auto finance companies of their responsibilities to recognize important legal protections for military…

Neighbors FCU’s Project Grants for Public Schools (PGPS) granting program offers project funding for public elementary, middle, and high schools throughout our 9-parish service region. The new application period begins…

Robins Financial Credit Union recently provided a $1,000 donation to Communities in Schools Milledgeville/Baldwin County. Communities in Schools Milledgeville/Baldwin County is on a mission to surround students with a community…

Hopewell Federal Credit Union (HFCU) prides itself on hiring quality team members who provide the highest level of caring service. The most recent addition includes Delani M. Weaver. Weaver, a…

Securityplus Federal Credit Union is pleased to announce the next phase of its strategic leadership transformation with new senior leadership promotions to support its continued growth and success. By expanding…

Credit Union National Association (CUNA) adamantly opposes the Credit Card Competition Act, which poses a serious threat to sensitive financial data for millions of consumers by allowing the nation’s largest…

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…

People’s Credit Union has appointed Erine Lewis as Risk Manager based out of the Credit Union’s Middletown headquarters. Lewis will oversee an effective Bank Secrecy Act (BSA), Anti-Money Laundering (AML),…

Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, today announced it will provide preferred access to its AI lending platform with no implementation fees for all Community Development…

Mark S. Cochran, President and Chief Executive Officer of Jeanne D’Arc Credit Union welcomes Theresa Raleigh as Vice President of Human Resources and announces the promotions of Kaitlyn King to…

People’s Credit Union has promoted Heather L. Sweeney to Branch Manager of the Credit Union’s Newport Branch on Memorial Boulevard. Sweeney will be managing the day-to-day operations of the branch…

Great Lakes Credit Union (GLCU) is delighted to expand its service to members with its latest digital-first Libertyville branch, located near downtown Libertyville. The new facility offers a digital-first experience…

Today, the U.S. House Committee on Financial Services passed the H.R. 4277, the Overdraft Protection Act. The legislation, introduced by Congresswoman Carolyn Maloney (NY), would enact commonsense limits on overdraft…

At the recent World Credit Union Conference (WCUC) in Glasgow, Scotland, TDI unveiled their Managed Cybersecurity Performance (MCP) offering, its pinnacle body of work, summing up over two decades of…

Columbia, SC, July 28, 2022 – iLending, a national leader in car loan refinancing, recently announced that Jason Oswald has been named Director of Sales at the company’s office in…

With a 90% affirmative vote from New London Municipal Employees Credit Union (NLMECU) members, a partnership/merger between Scient Federal Credit Union (Scient) and NLMECU will become effective August 1, 2022.…

Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement after the U.S. Commerce Department released its second-quarter gross domestic product (GDP) report: “Real Gross Domestic…

Today, the Consumer Financial Protection Bureau (CFPB) took action against U.S. Bank for illegally accessing its customers’ credit reports and opening checking and savings accounts, credit cards, and lines of…

The Daily Record has named David Sweiderk, president and CEO of SECU Maryland, to its 2022 listing of Influential Marylanders. Forty-eight Influential Marylanders were selected by the editors of The…

Consumers Credit Union is excited to announce several changes and new additions to our executive leadership team, including Scott Sylvester, President & CEO; Lindsay Land, Chief Operations Officer; Bob Dunning,…

Kevin Chiappetta, CFA, President of QuantyPhi, recently presented emerging risks during the Texas Examiner School, hosted by NASCUS in Austin, Texas. State credit union examiners from around the country were…