The COVID-19 pandemic has compounded many of the traditional institutional stressors credit unions around the globe face on a daily basis. An increase in non-performing loans and other expected credit…
2020 brought great challenges and stunning change. At Mastercard, we embrace diversity and inclusion as a guiding force – and as a business and moral imperative. Our efforts to create…
The new 38,700-square-feet, two-story SAFE Federal Credit Union (SAFE FCU) Operations Center in Sumter, South Carolina, recently opened for its employees and members. As SAFE FCU continues to grow in…
PenFed Credit Union, the nation’s second-largest federal credit union, today released financials highlighting the strongest year in the institution’s 85-year history. In 2020, PenFed set records for membership growth, mortgage…
In the third quarter of 2020, the national and state economy rebounded relatively quickly from the previous quarter, with Michigan’s unemployment rate falling from a high of 24% in April…
Sean Smith was recently promoted to vice president of legal and risk management at Capital Credit Union’s Main Office. In this role, he will monitor new and existing regulations to…
Public Service Credit Union has given back to their members and the local community in a bigger way than ever before. PSCU emailed their membership a survey in November that…
The ATM Industry Association (ATMIA) is pleased to announce the addition of a new category, Cash Promotion, to the third annual ATMmys. This new section will review and reward advertising campaigns focused…
Apple Valley, Minn.-based Wings Financial Credit Union ($6.5 billion in assets) will now offer Access Softek’s Video Chat to its members to provide a more personal touch to digital interactions. Access Softek, Inc., an omnichannel digital banking platform provider, created Video Chat as a full-service extension of the branch, helping credit union…
Walgreens is expanding its financial services offering in partnership with Synchrony (NYSE: SYF) and Mastercard (NYSE: MA), as part of its ongoing commitment to offer differentiated healthcare services and benefits…
On December 19, 2020 Central Credit Union of Florida participated in the national Wreaths Across America campaign as volunteers contributing their day to placing the wreaths that they had sponsored…
Christian Community Credit Union is pleased to announce Mike Poirier as its new Senior Vice President of Ministry Lending effective January 4, 2021. Poirier will replace Scott Reitsma, who is…
Trustgrid, a pioneer and leader in secure, cloud-native software-defined connectivity, announced the company has released the latest version of its agentless remote connectivity solution for financial services. The solution extends…
Trellance, the leading provider of data analytics, business intelligence and professional services for credit unions today announces the rollout of a substantial product release to its signature M360 data analytics…
Jennifer Addabbo assumes the role of CEO of CU Engage, the nation’s leading credit union consulting firm. Jennifer will step into this role while James Guild, Co-Founder, focuses on the…
Allegiance Credit Union announced that it has named Robert Ruiz to serve as an associate director of the Allegiance board of directors. Ruiz is currently the president of Scissortail Community…
TimeTrade Systems, the leading provider of omnichannel enterprise scheduling solutions, and SilverCloud, the leading provider of consumer and employee knowledge management solutions for banks and credit unions have come together…
The Federal Reserve Bank of New York announced that Thomas J. Murphy, president and chief executive officer of Glens Falls National Bank and Trust Company, has been elected as a…
Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.2% in November to 13.1% December, an indication that the challenges for small business owners in need of financing continue, according…
James McHale has joined LAFCU as chief financial officer. McHale has more than 20 years of executive experience with small-to-large credit unions. Positions he has held include CFO, COO, CEO…
The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, today announced the launch of the PenFed Foundation Black History Month Ignition Challenge. The challenge supports Black veteran, active duty,…
Crawford Technologies, provider of innovative document solutions that streamline, improve and manage customer communications, announces that it is ranked in Madison Advisors Post Composition Solutions Market Study as the only…
Kasasa®, an award-winning financial technology and marketing provider, and Credit Union Strategic Planning, a provider of business planning services for credit unions with a focus on community development, are partnering to boost consumer outcomes for Community Development Financial Institutions…
Fountainhead, one of the most active SBA lenders in the country in 2020, today announced a partnership in which the nonbank lender will utilize Biz2Credit’s cutting edge Biz2X® Accelerate SBA platform to…