Press

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CU*Answers announces 2015 video contest winners

GRAND RAPIDS, MI (June 24, 2015) -- CU*Answers, the 100% credit union-owned cooperative CUSO, announced at its 2015 Leadership Conference the winners of its 8th Annual Video contests for Best Video Idea, Best 30 Second Spot Idea, and Best Completed Video. The winning contributors, ...

Piedmont Advantage named the Fastest Growing Credit Union in North Carolina

Membership, Loan, and Deposit Growth Vault Piedmont Advantage to the Top PIEDMONT, NC (June 24, 2015) -- Skilled planning and excellent execution shaped an incredible year of growth and change for Piedmont Advantage Credit Union. In recognition of their hard work, enterprise, and foresight, Business ...

CU*Answers fills three board seats

GRAND RAPIDS, MI (June 24, 2015) -- CU*Answers, a 100% credit union-owned Cooperative, announced today that three credit union CEOs had been chosen by their peers to serve a three-year term on the CUSO’s Board of Directors. Chris Butler, CEO of Community CU ...

Ent hires Internal Audit Manager

COLORADO SPRINGS, CO (June 24, 2015) -- Ent Federal Credit Union is pleased to announce that Margarette Elwell has been named as Ent’s Internal Audit Manager. Elwell most recently served as Senior Internal Auditor at Vectrus, Inc. in Colorado Springs for more than two ...

New training series for supervisory committee members announced

TUCSON, AZ (June 22, 2015) -- The Supervisory Committee Academy is excited to announce a new webinar series designed exclusively for supervisory committee members with sessions starting in August 2015. The sessions will be held once a month and will focus on training issues specific ...

Post Community Credit Union becomes newest CU*Answers owner

GRAND RAPIDS, MI (June 24, 2015) -- CU*Answers, the Grand Rapids, Michigan-based cooperative CUSO, announced that it had recently added its newest credit union owner, Post Community Credit Union located in Battle Creek, Michigan. The $85 million credit union represents approximately 7,500 members. ...

CUNA Mutual Group makes a move to help protect U.S. homeowners

Company Launches Mortgage Payment Protection through Credit Unions   MADISON, WI (June 24, 2015) -- CUNA Mutual Group has launched its new mortgage payment protection product for credit unions and members. The new product covers mortgage payments in the event of a borrower’s death, disability ...

CUNA seeking Credit Union Rock Star nominations

MADISON, WI (June 24, 2015) – Credit Union Magazine is now accepting nominations for Credit Union Rock Stars, its annualcampaign to honor outstanding individuals in the credit union movement. Nominators have until July 15 to submit a nomination for someone they believe demonstrates creativity, leadership, ingenuity ...

Women’s financial capability is worrisome, new research finds

MADISON, WI (June 24, 2015) -- New research from the Filene Research Institute, “The Gender Gap: Troubling Financial Capability Findings among Women” explores the unique financial challenges of women. Information on assets, liabilities, knowledge, and advice seeking is analyzed to construct a telling profile of ...

NAFCU opens membership to federally insured, state-chartered credit unions

Historic change to strengthen credit union advocacy at the federal level MONTRÉAL, CANADA (June 23, 2015) -- The National Association of Federal Credit Unions (NAFCU) announced that it is opening its membership to federally insured, state-chartered credit unions effective immediately, marking a historic move ...

Delta Community adds Commercial Lending Expert

Ben Walker Joins Credit Union as Senior Director of Commercial Lending. ATLANTA, GA (June 23, 2015) -- Delta Community Credit Union (www.DeltaCommunityCU.com), Georgia’s largest credit union with assets of more than $4.8 billion and more than 318,000 members, announces the ...

San Diego County Credit Union opens new branch in the heart of Hillcrest

SDCCU’s new branch at the corner of 5th and University gives customers in the area convenient access to breakthrough banking products and services SAN DIEGO, CA (June 23, 2015) -- San Diego County Credit Union® (SDCCU®), San Diego’s largest locally-owned financial institution, recently ...

Dort Federal Credit Union announces 2015 scholarship recipients

FLINT, MI (June 23, 2015) -- Dort Federal Credit Union proudly announces their 2015 student scholarship recipients. This is the first time Dort Federal Credit Union has offered a student scholarship program. Applications were accepted from members who are graduating from high school in 2015 ...

Carolina Foothills FCU accepts United Way Awards

SPARTANBURG, SC (June 23, 2015) -- The United Way of the Piedmont held its annual awards banquet at the Chapman Cultural Center on Thursday, June 18, 2015 at the Spartanburg Marriott. Carolina Foothills Federal Credit Union was recognized for its superior accomplishments in the following ...

NCUA releases 2014 Annual Report

ALEXANDRIA, VA (June 23, 2015) -- The National Credit Union Administration today released its 2014 Annual Report. Found online here, the report highlights the agency’s activities, policy initiatives and accomplishments for the year. “Last year marked the 80th anniversary of the Federal Credit Union ...

Oregon State Credit Union Operations Center is underway

CORVALLIS, OR (June 23, 2015) -- Oregon State Credit Union broke ground on their new 62,000 square foot operations center on May 22. The Credit Union’s board of directors, supervisory committee and President, along with the Mayor of Corvallis and Momentum senior staff, ...

Xceed Financial launches Wealth Management Group

New Branding and Website Better Represent Depth of Expertise, Breadth of Services   EL SEGUNDO, CA (June 23, 2015) -- Xceed Financial Credit Union announced that its Investment Services group is now called Xceed Wealth Management Group. The new name, which is being launched with an ...

CFPB identifies illegal practices uncovered through supervision

Supervisory Resolutions Across Industries Recover $11.6 Million for More Than 80,000 Consumers WASHINGTON, D.C. (June 23, 2015) -- Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report outlining the illegal practices uncovered by the Bureau’s examiners in the ...

Members’ Advantage Credit Union selects VSoft’s OnView Mobile Deposit Solution

Credit union leverages VSoft’s data center to offer members convenient banking services. ATLANTA, GA (June 23, 2015) -- VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that Members’ Advantage Credit Union, a Wisconsin-based institution serving more than ...

CO-OP Financial Services launches revised CO-OP ATM Signage Program

Contemporary, customized options provide enhanced branding experience RANCHO CUCAMONGA, CA (June 23, 2015) -- CO-OP Financial Services is unveiling its updated CO-OP ATM Signage Program, enabling credit unions participating in the nationwide CO-OP ATM network to bring a contemporary look and unique branding experience to ...