Press

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Aneca Credit Union opens new Shreveport Branch location

SHREVEPORT , LOUISIANA (August 3, 2023) — Two months after opening a new Bossier branch location, ANECA Federal Credit Union cut the ribbon on another new branch, this time in Shreveport located at 9513 Mansfield Road, Shreveport, LA 71118. “It has been a busy several preparing ...

TruStage™ signs agreement committing to grow credit union system in Africa

MADISON, WI (August 3, 2023) — Recently, TruStage signed a Memorandum of Understanding (MOU) with the African Confederation of Co-operative Savings and Credit Associations (ACCOSCA). Under the momentous agreement, TruStage will provide ACCOSCA with two full-time employees to help establish the ACCOSCA Academy Centers of ...

Recent uptick in cyberattacks against credit unions and third-party service providers

ALEXANDRIA, VA (August 3, 2023) — The National Credit Union Administration has observed a concerning rise in cyberattacks against credit unions, credit union service organizations (CUSOs), and other third-party vendors supplying financial services products. These attacks include incidents directly related to critical vulnerabilities in the ...

Abound’s expanding partnership with WKU recognized

RADCLIFF, KY (August 3, 2023) — Yesterday, WKU administrators and staff gathered with representatives of Abound Credit Union, a leader in financial education, to recognize the financial institution’s support of four areas on campus. Abound Credit Union made a significant pledge of $105,000 ...

GTE Financial awards $78,000 in scholarships to 26 dedicated students

TAMPA, FL (August 3, 2023) — GTE Financial leads the way in education, awarding 26 Tampa Bay student scholarships at the 12th Annual Scholarship Luncheon. Finalists received $3,000 each and spent Tuesday afternoon celebrating at TPepin’s Hospitality Centre with their families, the Judging ...

Del-One FCU partners with the Latin American Community Center

DOVER, DE (August 3, 2023) — Del-One Federal Credit Union supports the Latin American Community Center (LACC) in Wilmington in their mission to “empower the Latino Community through education, advocacy, partnerships and exceptional services.” Del-One representatives met with LACC President &  CEO Maria Matos, Vice-Chair ...

Redwood Credit Union welcomes new Vice President of Financial Assistance

SANTA ROSA, CA (August 3, 2023) — Redwood Credit Union has hired Wellman Ho as vice president of financial assistance. In his new role, Ho is responsible for assisting members experiencing difficulties making payments on their loans, while still ensuring an excellent member experience. He’...

Three Dakotans complete CCUE designations

BISMARCK, ND (August 2, 2023) — Three Dakota CU Professionals recently completed CUNA Management School (CMS), earning their Certified Credit Union Executive (CCUE) designations. The CCUE designation demonstrates the highest level of aptitude in credit union leadership. CMS is a three-year executive education program led ...

Federal and state regulators release updates to the BSA/AML Examination Manual

ARLINGTON, VA (August 2, 2023) — The Federal Financial Institutions Examination Council, on behalf of its members, released updates to the following sections of the Bank Secrecy Act/Anti-Money Laundering Examination Manual. Special Information Sharing Procedures to Deter Money Laundering and Terrorist Activity Due Diligence ...

Alliance CU finds member-centric, technology-driven partner in Co-op Solutions

RANCHO CUCAMONGA, CA (August 2, 2023) — With greater member convenience, access and product customization as its goals, ALLIANCE Credit Union has selected Co-op Solutions as its partner to provide In-House Credit and Debit transaction processing, and ATM Terminal Driving services. “We were looking for ...

United Federal Credit Union names new mortgage advisor in Grand Rapids

ST. JOSEPH, MI (August 2, 2023) — United Federal Credit Union (United) is pleased to announce the appointment of Steve Frendt to Mortgage Advisor in Grand Rapids. Frendt is based at United’s Beltline Mortgage Production Office located at 1600 East Beltline Ave. NE, Suite ...