Press

To submit a press release, send to press@cuinsight.com.

Sb1 Federal Credit Union selects 10 scholarship winners

PHILADELPHIA, PA (May 20, 2015) -- Sb1 Federal Credit Union is pleased to announce the 10 winners of their 6th annual college scholarship program. Each winner will receive a $1,000 award. "We are pleased to offer scholarships to these gifted, hard-working and community focused ...

CUNA Mutual Group names Michael G. Valentine to Board Of Directors

President/CEO of Baxter Credit Union brings 34 years of financial services expertise to role; replaces retiring Director Eldon R. Arnold MADISON, WI (May 20, 2015) -- CUNA Mutual Group has appointed Michael G. Valentine to its Board of Directors. Effective May 13, he replaces ...

CU executive honored for financial management achievements

MADISON, WI (May 20, 2015) -- This past week, the first-ever CFO Professional of the Year Award was presented to Vincent J. Market, EVP and CFO, TruMark Financial Credit Union in Trevose, Pennsylvania. Market was honored for his achievements and dedication to his credit union ...

Minnesota credit union loans grow by nearly $1 billion

ST. PAUL, MN (May 18, 2015) -- Preliminary data released by the National Credit Union Administration (NCUA) show that Minnesota credit unions experienced robust year-over-year growth in assets, deposits and loans between the first quarters of 2014 and 2015. Growth includes $927 million in assets, $...

Minnesota enacts prize-linked savings bill

ST. PAUL, MN (May 18, 2015) -- Minnesota Gov. Mark Dayton signed into law H.F. 1127/S.F. 1043 last week, a bill authorizing credit unions in the state to offer prize-linked savings (PLS) accounts. This marks the 13th state to enact such a ...

PenFed addresses its membership at 80th annual meeting

PenFed CEO cites strong growth and earnings ALEXANDRIA, VA (May 19, 2015) -- In a night filled with gratitude for the credit union’s members and praise for its employees, wrapped in a patriotic theme, James Schenck, president and CEO of PenFed Credit Union reported ...

FSOC report calls for NCUA vendor authority

Matz Urges Credit Unions to Review Recommendations on Cybersecurity, Interest-Rate Risk and Asset-Liability Management ALEXANDRIA, VA (May 19, 2015) – National Credit Union Administration Board Chairman Debbie Matz made this statement following today’s release of the Financial Stability Oversight Council’s 2015 annual report: “I ...

Hanscom FCU presents Honor Guard Award to Jordan Gauthier

Hanscom AFB, MA (May 19, 2015 ) -- Lowell High School senior and JROTC cadet Jordan Gauthier received the 2014 Hanscom FCU Honor Guard Award. The award, which includes a $500 scholarship, is given annually to a senior member of the honor guard team. “We are ...

Fiserv prices $1.75 billion senior notes offering

BROOKFIELD, WI (May 19, 2015) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that it has priced a public offering of $1.75 billion aggregate principal amount of senior notes consisting of the following: $850 million of ...

TMG and TMG Financial Services receive prestigious marketing honors

DES MOINES, IA (May 19, 2015) -- Payments processor TMG (The Members Group) and its sister company, top-70 credit card agent issuer TMG Financial Services (TMGFS), each received recognition from the Iowa Chapter of the American Marketing Association (AMA Iowa). Both companies earned multiple NOVA ...

Measuring collection department results challenging the status quo

WYOMING, MN (May 19, 2015) -- Most companies apply performance measurements to evaluate their success at reaching targets, as well as their effectiveness in achieving key business objectives. Credit union collection departments also look at performance indicators to measure recoveries, delinquency levels, and the number ...

GKCU awards more scholarships to Class of 2015

GEORGETOWN, SC (May 19, 2015) -- GKCU is honored to recognize ten area high school seniors from the graduating class of 2015 as this year’s GKCU Scholarship recipients. Each recipient is awarded a $1,000 scholarship that can be used as a supplement to ...

Delta Community announces 2015 Scholarship Winners

Credit Union Awards $20,000 in Scholarships to Five Students ATLANTA, GA (May 19, 2015) -- Delta Community Credit Union (www.DeltaCommunityCU.com), Georgia’s largest credit union with $4.8 billion in assets and more than 317,000 members, announces the 2015 recipients of ...

Prepared remarks of Richard Cordray, Director of the CFPB

PayPal Credit Enforcement Action  WASHINGTON, D.C. (May 19, 2015) -- Thank you for joining us on this call.  Today, the Consumer Financial Protection Bureau is filing a complaint and a proposed consent order against PayPal for illegally signing up and billing tens of thousands ...

Brian Hickox joins People’s CU Financial Services at People’s Credit Union

Financial advisor will provide members retirement planning, wealth management solutions MIDDLETOWN, RI (May 19, 2015) -- Brian Hickox has joined People’s Credit Union as a financial advisor, exclusively serving the credit union’s membership through People’s CU Financial Services, a financial advisor with ...

Veridian Credit Union doubles attendance at Community Shred Day

WATERLOO, IA (May 18, 2015) -- Veridian Credit Union held a free Community Shred Day on Saturday, May 16 at five Veridian branches across the state. The event drew more than 2,472 people who safely discarded 61,792 pounds of private documents, more than ...

Honor Credit Union – 3rd Annual Video Challenge winners

NEGAUNEE, MI (May 13, 2015) -- Honor Credit Union’s 3rd Annual Video Challenge results are in! Winning the $3,000 first place prize with a video showcasing Honor’s Mobile Banking App was Ishpeming High School’s Broadcasting class. Mattawan High School’s Broadcasting ...