Press

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Honor Credit Union Celebrates Buchanan Ribbon Cutting Ceremony

BERRIEN SPRINGS, MI (August 15, 2023) — Honor Credit Union celebrated the official ribbon cutting  ceremony for their new Buchanan Member Center on Thursday, August 10th. The new location is at 128  Main Street. Honor’s CEO, Scott McFarland, and Buchanan’s Member Center Manager, ...

LCUL announces Daphne Hernandez as 2023 Emerging Leader Award Winner

HARAHAN, LA (August 15, 2023) — The Louisiana Credit Union League (LCUL) presented the 2023 Emerging Leader Award to Daphne Hernandez of OnPath FCU during the League’s Annual Convention on August 4 in New Orleans, LA. The Emerging Leader Program recognizes the achievements of ...

“Boost Your Savings” with a 5% APY* add-on certificate

LOS ANGELES, CA (August 15, 2023) — If you’re a member of Los Angeles Federal Credit Union (LAFCU), you can “Boost Your Savings” with a 5% APY* “Add-On” share savings certificate for a 5-month term. It can be opened starting 8/15/23 with ...

Michigan Credit Union League Podcast celebrates two years

LANSING, MI (August 15, 2023) — In July 2021, the Michigan Credit Union League (MCUL) started the podcast Credit Unions, Coffee and Conversation as a way for MCUL CEO Patty Corkery to better get to know the industry and her colleagues on a deeper level — ...

Ncontracts named to Inc. 5000 list for fifth consecutive year

BRENTWOOD, TN (August 15, 2023) — Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, has been named to the Inc. 5000 list for the fifth consecutive year. The company's ongoing commitment to delivering industry-leading integrated compliance and risk ...

VSoft named a Finalist in the 2023 Finovate Awards

ATLANTA, GA (August 15, 2023) — VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, has been named a finalist in the 2023 Finovate Awards for the category, “Best Back Office/Core Services Solution.” The Finovate Awards recognize financial technology ...

NCUA monitoring and assisting credit unions affected by wildfires in Maui

ALEXANDRIA, VA (August 15, 2023) — As Lahaina, Hawaii, works to recover from the destruction caused by wildfires, the National Credit Union Administration is monitoring the situation closely and has resources available to help credit unions affected. NCUA examiners have been working to stay in ...

PenFed Credit Union gives major donation to support service dogs for veterans

SAN ANTONIO, VA (August 14, 2023) — PenFed Credit Union, the nation's second-largest federal credit union, announced a $50,000 donation to Canine Companions, the first and largest service dog organization in the United States, providing life-changing, highly skilled dogs to veterans and others with ...

YMR Train Shoppe Re-Grand Opening in new space

BOULDER, CO (August 14, 2023) — Premier Members Credit Union provided matching funds by donating $2500, to help the Youth Model Railroading Train Shoppe create a larger space. The YMR Train Shoppe, located at 3973 W. 73rd Avenue in Westminster is completely volunteer run. The ...

Cascade FCU announces new branch in Tacoma

KENT, WA (August 14, 2023) — Cascade Federal Credit Union is excited to announce the opening of its new full-service branch located at 2220 S 37th Street, Suite 7, Tacoma, WA 98409. The official first day of business begins at noon on Thursday, August 24, ...

Cyber incident notification requirements

ALEXANDRIA, VA (August 14, 2023) —   To                Federally Insured Credit Unions Subject      Cybersecurity Status         Active Dear Boards of Directors and Chief Executive Officers: Beginning on September 1, 2023, all federally insured credit unions must notify the NCUA as soon as possible, and no later ...

Comment period on MDI Preservation Program Policy Statement closes August 28

ALEXANDRIA, VA (August 14, 2023) — Stakeholders have until August 28 to submit comments on the NCUA’s proposed changes to the interpretive ruling and policy statement on the agency’s Minority Depository Institution Preservation Program. For more information or to submit a comment, please ...

Rosenau joins STCU as business director

SPOKANE, WA (August 14, 2023) — David Rosenau is the new Director of Business Banking at STCU.  Rosenau has a bachelor’s degree in business administration from Minnesota State University, Moorhead, and is a graduate of the Executive Development Program at the Washington Bankers Association. ...