Press

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Kevin Chiappetta graduates from Marquette University’s Executive MBA Program

MILWAUKEE, WI (December 20, 2023) — Corporate Central is proud to share that Kevin Chiappetta, CFA, Senior Vice President Investment Services and President of QuantyPhi, has reached a significant career milestone by successfully completing the Executive Master of Business Administration (EMBA) program at Marquette University. ...

Technical correction for the CECL transition amount

ALEXANDRIA, VA (December 20, 2023) — This alert informs credit unions about a technical correction with the calculation of the Current Expected Credit Loss transition amount in NCUA regulations, §702.703(b)(2). Credit unions that adopted the CECL accounting standard in 2023 should use ...

NCUA releases Q3 2023 state-level data report

ALEXANDRIA, VA (December 20, 2023) — Federally insured credit unions experienced growth in loans, positive net income, and delinquencies in the third quarter of 2023, along with a decline in assets, shares, and deposits, according to the latest NCUA Quarterly U.S. Map Review. Nationally, ...

Day Air Credit Union gives back in multiple ways this holiday season

KETTERING, OH (December 20, 2023) — It’s that time of year  again. Day Air Credit Union is excited to unveil the impact of this annual giving season. Day Air once again supported organizations and community members throughout the Miami  Valley, with gifts of support, ...

PenAir appoints Dave Gooch as Vice President of Commercial Lending

PENSACOLA, FLA (December 20, 2023) — PenAir Credit Union is pleased to announce the appointment of Dave Gooch as Vice President of Commercial Lending, reinforcing the credit union's commitment to providing tailored financial solutions and unwavering support to businesses throughout the region. With over 25 ...

Bryan Wisher joins Westerra Credit Union as new Mortgage Loan Officer

DENVER, CO (December 19, 2023) — Westerra Credit Union announces Bryan Wisher has joined its team as the newest Mortgage Loan Officer.  Bryan comes to Westerra with over 15-years of experience in the financial industry and 12-years mortgage origination experience. Bryan specializes in Construction, Doctor/...

$35,000 in grants awarded to area nonprofits

TRAVERSE CITY, MI (December 19, 2023) — The second annual 4Front Foundation grant cycle saw nearly $900,000 in grant applications from Michigan  nonprofits. Out of the more than 70 applications, Child & Family Services of Northwestern Michigan, Kids  Hope USA, All County Search and ...

CFPB issues report showing many Americans are surprised by overdraft fees

WASHINGTON, D.C. (December 19, 2023) — The Consumer Financial Protection Bureau (CFPB) today issued a new report finding that many consumers are still being hit with unexpected overdraft and nonsufficient fund (NSF) fees, despite recent changes implemented by banks and credit unions that have ...

Vizo Financial gives back more than $3.8 million to capital members

GREENSBORO, NC (December 19, 2023) — Vizo Financial is giving back more than $3.8 million to capital members in the form of a service usage credit and a higher rate on the Perpetual Contributed Capital (PCC) account in December. “Vizo Financial has worked diligently ...

MSU and OU students impact community through credit union memberships

EAST LANSING, MI (December 19, 2023) — Students from Michigan State University and Oakland University gave back to their respective communities simply by becoming members of MSU Federal Credit Union (MSUFCU) and Oakland University Credit Union (OUCU). Between June 1 and Oct. 31, 2023, every ...