Press Release Archive

The Merck Employees Federal Credit Union is proud to announce that it has awarded five (5) $5,000 scholarships to high school seniors in three (3) states—Delaware, New Jersey and Pennsylvania.…

The RCU Foundation, a supporter of organizations and initiatives throughout western Wisconsin and eastern Minnesota, announced a commitment today of $100,000 for the University of Wisconsin-River Falls Science and Technology…

Los Alamitos-based Southland Credit Union has opened a new branch on the campus of California State University, Long Beach. The credit union signed an agreement with the university to lease…

San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is collecting monetary donations for children’s hospitals in Southern California. The participating hospitals include: Rady Children's…

Hawaii State Federal Credit Union (Hawaii State FCU) is pleased to announce the hiring of Patrick Twohy as in-store banking program and senior regional manager. Twohy will be responsible for…

First Capital Federal Credit Union is proud to announce Claire Rumsey and Rowen Holder as the 2022 Dennis Flickinger Honorable Scholarship winners. “It’s great to be able to award this…

First Capital Federal Credit Union supported Give Local York with a $1,500 donation. In commemoration of when First Capital was founded (1954), on May 6th at 19:54 (7:54 pm) all…

American Heritage Credit Union (“American Heritage”) recently provide funding for a brand-new home for a local partner family through Habitat for Humanity Philadelphia’s Homeowner Program. During the May ceremony, American…

More than 9,750 pounds of equipment were collected during an Earth Day computer donation event to help Illinois families currently lacking digital access in their homes. This drive supported the sourcing of…

CUSOs unite under a common purpose to help credit unions. Envisant, a subsidiary of the Illinois Credit Union League, has invested in fellow CUSO, Pure IT. This capital investment allows…

ēCO Credit Union and the ēCO Credit Union Foundation both strongly believe in the importance of education. In March of 2022, ēCO Credit Union awarded two $2,500 A.L. Bratcher Scholarships,…

Effective March 15, 2022, Alaska USA Insurance Brokers acquired McAlister-Gray Insurance Agency (McAlister-Gray) based in Gilbert, Arizona. As an independent agency serving more than 1,000 clients in Arizona, McAlister-Gray helps…

Plinqit, the only savings platform of its kind that pays users for learning about personal finances, is a founding sponsor of San Diego Wave FC, the newest member of the National Women’s…

The Federal Reserve Bank of New York today announced that Lorie K. Logan will step down from her role as Manager of the System Open Market Account (SOMA) and Head…

On average, nearly 350 young adults, ages 16 to 18 are referred for detainment by Scott County law enforcement each year. Safer Foundation Quad Cities’ Youth Empowerment Program (YEP) is…

West Community Credit Union is pleased to announce its scholarship commitment with Harris-Stowe University. The 2021-22 academic school year marks the first of a four year partnership with the historically…

Credit unions seeking resources for community development investments are encouraged to participate in a June 2 webinar hosted by the National Credit Union Administration and the Community Development Financial Institutions…

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that it has completed the acquisition of Juniper Payments, LLC  from PITECO S.p.A. and two principal owners, who will continue…

Record-high banking deposits are poised to finally decline going into summer of 2022 as local households continue drawing down their unprecedented savings to afford today’s price inflation for goods and…

Goldenwest Credit Union marked a significant milestone recently with a groundbreaking ceremony for a new corporate center located at 5100 South Washington Boulevard in Washington Terrace. The five-level, 99,000 square-foot,…

SECU, Maryland’s largest state-chartered credit union, announced today it surpassed more than $5 billion in assets, a milestone that is unsurpassed by any other credit union in the state. SECU…

Local member-owned cooperative TopLine Federal Credit Union was honored with four marketing awards from the Minnesota Credit Union Network (MnCUN). The Minnesota Credit Union Network Marketing Awards acknowledge outstanding credit union efforts in the…

Today, the Consumer Financial Protection Bureau (CFPB) finalized an enforcement action against debt-relief payment-processors RAM Payment and Account Management Systems (AMS), as well as AMS’s co-founders, Gregory Winters and Stephen…

Credit Union National Association (CUNA) Senior Economist Dawit Kebede, PhD, issued the following statement in response to the Labor Department’s April Consumer Index Report: “April's core price index, which excludes food…