Press

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Allegacy Federal Credit Union announces Chief Credit Risk Officer

WINSTON-SALEM, NC (July 9, 2015) -- Allegacy Federal Credit Union, one of the largest credit unions in North Carolina, announced today the hiring of Brian Vannoy as chief credit risk officer. Vannoy will be responsible for the management, strategic planning, compliance, safety and soundness of ...

CFPB outlines guiding principles for faster payment networks

CFPB Wants to Ensure Consumer Protections Are Built Into New Payment Systems From Outset WASHINGTON, D.C. (July 9, 2015) -- Today the Consumer Financial Protection Bureau (CFPB) outlined guiding principles for protecting consumers as the private sector develops new faster payment systems. These new ...

Payveris moves to new corporate headquarters in Rocky Hill, CT

Financial technology innovator moves to support growth and expansion plans. ROCKY HILL, CT (July 9, 2015) -- To support its continued growth and expansion needs, Payveris, LLC, a next generation digital payments company serving banks and credit unions across the United States, has announced that ...

CUNA Mutual Group celebrates 16 million TruStage™ customers

Company gains 1 million insurance policyholders in less than a year; Honors 16 U.S. credit unions with $16,000 gift to DonorsChoose.org MADISON, WI (July 9, 2015) -- CUNA Mutual Group announced today its TruStage brand now protects more than 16 million credit ...

2014 Global Credit Union Statistical Report available

Global membership rises by 10 million  MADISON, WI (July 9, 2015) -- World Council of Credit Unions has released its newest Statistical Report, which provides membership and financial data as of December 2014 from credit unions and financial cooperatives worldwide. This year's report includes information ...

Carol Fastrich Aranos joins Pennsylvania Credit Union Association

HARRISBURG, PA (July 9, 2015) -- Carol Fastrich Aranos recently joined the Pennsylvania Credit Union Association in Harrisburg as the AVP of Marketing and Communications. She offers a powerful combination of 20+ years of expertise in communications and marketing with 15 devoted exclusively to credit ...

Patelco dedicates branch to 30 year CU Board Member

LAFAYETTE, CA (July 9, 2015) -- Patelco recently dedicated it’s Lafayette branch to long-time community member Gene Bell to honor his 30+ years of service to the credit union and community. Bell has committed more than 30 years to Patelco, the credit union’s ...

Final preparations for 5th annual Hopewell Federal Car Show underway

Proceeds to be donated to Licking County Humane Society NEWARK, OH (July 8, 2015) -- Hopewell Federal Credit Union is working on final preparations for its fifth annual Car Show in Newark, Ohio. The annual Hopewell Federal Credit Union Car Show sponsored by Courtesy Ambulance, ...

NASCUS, CUNA to co-host symposium on cybersecurity

MADISON, WI (July 8, 2015) -- NASCUS and CUNA will team up again for the 2015 Cybersecurity Symposium in Denver, CO from August 24 – 25. Attendees of the two-day symposium will learn about the state of modern financial cybersecurity and gain actionable advice on how ...

MECU of Baltimore pays members cash bonuses

BALTIMORE, MD (July 8, 2015) -- MECU members recently received some extra cash in their savings accounts. MECU returned $1.5 million to its members in the form of loan interest rebates and extraordinary dividends. The Board of Directors has voted to return profits to ...

MSUFCU employees raise over $69,000 for MYOI

EAST LANSING, MI (July 8, 2015) -- MSU Federal Credit Union (MSUFCU) is pleased to announce that after a six-month fundraising initiative, Credit Union employees raised $69,415 for the Michigan Youth Opportunities Initiative (MYOI). This is the largest amount ever raised by the Credit ...

Allegacy announces fundraiser to benefit two local cancer charities

WINSTON-SALEM, N.C. (July 8, 2015) -- Thousands of pink and teal rubber ducks will soon fill the Ponds of Hope at Allegacy’s headquarters in Winston-Salem. The credit union launches a new fundraiser on July 1 to raise awareness and money for Komen Northwest ...

PSECU sponsors 2015 Chocolate Tour

HARRISBURG, PA (July 8, 2015) -- PSECU will once again sponsor the annual Chocolate Tour in Hershey. 2015 marks the 5th annual event and will be held on August 8th at the Milton Hershey School Athletic Complex. The day features various walking, running, and cycling ...

Opening of new credit union branch gaining local attention

Financial Center Credit Union Demonstrates Value of Investment in the Underserved. STOCKTON, CA (July 8, 2015) -- Stockton-based Financial Center Credit Union opened the doors of its newest branch last Thursday, becoming one of only two financial institutions to provide traditional financial services to Stockton’...

VolCorp is rolling out the red carpet at Forum ‘15

NASHVILLE, TN (July 8, 2015) – Volunteer Corporate Credit Union (VolCorp) will host its annual Forum August 20-21, 2015, at Embassy Suites Nashville – South/Cool Springs in Franklin, TN. This is definitely the year to attend as we “Roll out the Red Carpet” for our very ...

Neighbors Credit Union awards Clarence L. Hagemann Scholarships

ST. LOUIS, MO (July 8, 2015) – Neighbors Credit Union awarded four, $1,200 Scholarships to My.Bux members at their Annual Meeting held on May 20, 2015 at the Royal Orleans Banquet Center. Neighbors Credit Union annually awards scholarships in honor of Clarence L. Hagemann, ...

Few weeks left for 2016 Wegner Award Nominations

Still time to nominate credit union individuals or organizations for prestigious foundation awards MADISON, WI (July 8, 2015) -- With a deadline of July 31, 2015, credit union supporters are encouraged to nominate individuals and organizations for the Herb Wegner Memorial Awards to be presented ...