Press

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NCUA’s Hood lauds growth of DEI summit and industry progress

ALEXANDRIA, VA (November 2, 2023) — At the National Credit Union Administration’s 2023 Diversity, Equity, and Inclusion Summit, Board Member Rodney E. Hood celebrated the significant evolution of the event and the ongoing commitment of the credit union community to DEI principles. “From its ...

USALLIANCE becomes an early adopter of FedNow®

RYE, NY (November 2, 2023) — USAlliance Federal Credit Union (dba USALLIANCE Financial) announced today that the credit union is now live on the Federal Reserve’s FedNow® Service. USALLIANCE becomes an early adopter of the FedNow® Service following its launch in July 2023, and ...

Park Community Credit Union names Jana Erny President/CEO

LOUISVILLE, KY (November 2, 2023) — The Board of Directors for Park Community Credit Union in Louisville, KY, today announced the appointment of Jana Erny as the credit union’s next President/CEO. Erny will take over the reins from the current retiring President/CEO ...

Unitus Community Credit Union ranked fourth most philanthropic corporation

PORTLAND, OR (November 2, 2023) — Unitus Community Credit Union has been named the fourth  most philanthropic large corporation in the Portland Metro Area by the Portland Business Journal.  In its annual ranking, PBJ recognized Unitus for its commitment to the communities it serves. This  ...

October commercial chapter 11 filings increased 106 percent over 2022

NEW YORK, NY (November 2, 2023) — There were 631 commercial chapter 11 filings registered in October 2023, an increase of 106 percent from the 306 filings registered in October 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy ...

CUNA and NAFCU members approve merger to form America’s Credit Unions

WASHINGTON, D.C. (November 2, 2023) — Members of the Credit Union National Association (CUNA) and National Association of Federally-Insured Credit Unions (NAFCU) have voted in favor and approved the merger to form America’s Credit Unions. This merger is a historic opportunity to transform ...

Hawaii State FCU unveils industry-leading cash back credit card

HONOLULU, HI (November 1, 2023) — With the high cost of living and rising interest rates affecting households across Hawaii, Hawaii State Federal Credit Union (Hawaii State FCU) has proactively designed a new credit card product that offers greater benefits for its members. The new ...

Financial Reality Fair teaches students the fundamentals of budgeting

COLUMBIA, MD (November 1, 2023) — Over 280 high school students learned real-life lessons in money management at the Western Maryland Credit Union Financial Reality Fair on October 25th. The event prepares students for financial success by giving them a firsthand experience of what it's ...

United Heritage Credit Union sponsors Honor Flight Austin

AUSTIN, TX (November 1, 2023) — United Heritage Credit Union and its United Heritage Charity Foundation are directly supporting local military veterans in the Austin area. On October 27, a group of volunteers, guardians, and military service members took a ‘Trip of a Lifetime’ to ...

Credit Union recognizes top educators, staff

FRESNO, CA (November 1, 2023) — Educational Employees Credit Union (EECU) based in Fresno, CA, and the Tulare County Office of Education recently honored the top teacher, administrator and school employee at the annual Tulare County Excellence in Education Awards event. Beth Dooley, EECU president ...

Kevin Ryan receives Global Good Award from Indiana League

INDIANAPOLIS, IN (November 1, 2023) — Kevin Ryan is the recipient of the Indiana Credit Union League’s Global Good Award. Ryan, a past League chairman, retired as CEO of Financial Center First CU at the end of 2021. In his years on the League ...

Purdue Federal Credit Union’s Bob Falk receives Professional Achievement Award

INDIANAPOLIS, IN (November 1, 2023) — Bob Falk, President/CEO of Purdue Federal Credit Union (Purdue Federal), received the Indiana Credit Union League’s 2023 Professional Achievement Award. The award recognizes Indiana credit union Presidents/CEOs for their professional accomplishments, commitment to the credit union ...

David Abernathy inducted into Indiana Credit Union Hall of Fame

INDIANAPOLIS, IN (November 1, 2023) — David Abernathy, former League Chairman, was inducted into the Indiana Credit Union Hall of Fame during the Indiana Credit Union League’s statewide convention. He was recognized at the Credit Union Awards Celebration on October 27. Abernathy’s financial ...

Aperture picks up 4 more for AKUVO

MALVERN, PA (November 1, 2023) — AKUVO, a technology organization specializing in collections and credit risk, has signed four more credit unions to its Aperture platform. This has been a year of significant growth for Aperture, with more than 30 financial institutions making the switch ...

Chairman Harper emphasizes Allyship to achieve DEI goals

ALEXANDRIA, VA (November 1, 2023) — National Credit Union Administration Chairman Todd M. Harper emphasized the power of allyship to achieve diversity, equity, and inclusion goals during his remarks at the NCUA’s 2023 Diversity, Equity, and Inclusion Summit in Washington, D.C. “Both the ...