Press

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Metropolitan Church of God Credit Union closes

​Member Deposits Protected up to $250,000 by Share Insurance Fund ALEXANDRIA, VA (December 3, 2014) -- The Michigan Department of Insurance and Financial Services today liquidated the Metropolitan Church of God Credit Union of Detroit and appointed the National Credit Union Administration as liquidating ...

The Cooperative Trust and CUNA seek crashers for the CUNA GAC 2015

Strengthening the future of credit unions, together. MADISON, WI (December 3, 2014) -- The Cooperative Trust in partnership with Credit Union National Association (CUNA) are seeking Crashers for Crash the GAC 2015. Following on from the most successful Crash the GAC ever, in 2014 and ...

Commonwealth Credit Union St. Mathews Grand Opening

Credit Union’s first branch in Louisville, KY ATLANTA, GA (December 1, 2014) --  On October 21, 2014, Commonwealth Credit Union held the Grand Opening for its new St. Matthews Branch in Louisville, KY. This marks the third project completed with its partner LEVEL5 since ...

Applications for the 2015 Crash the GAC due January 1

MADISON, WI (December 3, 2014) – Credit Union National Association (CUNA) and The Cooperative Trust are pleased to announce that they are accepting applications for the 2015 Crash the GAC. They seek to select one young professional from each state and the District of Columbia to ...

Hiway Federal Credit Union wins honorable mention for national award

ST. PAUL, MN (December 3, 2014) -- Hiway Federal Credit Union has been honored with a 2014 National Desjardins Adult Financial Education Award. The award, sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit Union National Association (CUNA), recognizes leadership within the credit ...

NAFCU welcomes Catharine Safady as VP Membership and Sales

WASHINGTON, DC (December 2, 2014) – The National Association of Federal Credit Unions (NAFCU) has  brought Catherine Safady on board as its new vice president of membership and sales to build on the association’s commitment to “extreme member service.” In her new role, Safady will ...

CU Direct to donate $20,000 in celebration of its 20th anniversary

Company’s 20 for 20 Campaign to Benefit Children’s Miracle Network Hospital ONTARIO, CA (December 2, 2014) -- ¾ CU Direct, (www.cudirect.com) the nation’s leading provider of lending, automotive and strategic solutions to the credit union industry, is celebrating its 20th anniversary ...

Greylock announces new director and new supervisory committee member

PITTSFIELD, MA (December 2, 2014) -- Greylock Federal announced the selection of Robert P. Coco as the newest member of the Credit Union’s volunteer Board of Directors and the appointment of Tyrone A. Jackson to Greylock’s Supervisory Committee. Coco replaces outgoing director Richard ...

Teresa Freeborn honored with three Stevie® Awards

Xceed Financial’s President and CEO lauded for career achievements and for helping other women in business EL SEGUNDO, CA (December 2, 2014) -- Xceed Financial Credit Union President and Chief Executive Teresa Freeborn was honored for her personal career achievements and her contributions to ...

NAFCU Board to Meet with Federal Reserve’s Powell and CFPB’s Cordray

WASHINGTON, DC (December 2, 2014) -- The National Association of Federal Credit Unions (NAFCU) Board of Directors is scheduled to meet Dec. 4 with Federal Reserve Board Governor Jerome Powell and, later that day, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray to discuss a ...

The Members Group webinar explores real and predicted impact of data breaches

DES MOINES, IA (December 2, 2014) -- Experts are expecting another busy holiday season for retail data breaches and financial sector cybersecurity incidents. When asked if he expects another major retailer breach in the next few weeks, cybersecurity investigative journalist Brian Krebs told CBS This ...

NAFCU letter in support of H.R. 3240, the Regulation D Study Act

Below is NAFCU Vice President of Legislative Affairs Brad Thaler's letter to House Speaker John Boehner and House Democratic Leader Nancy Pelosi in support of H.R. 3240, the "Regulation D Study Act." Members of the House of Representatives were copied on the letter. In ...

Municipal Credit Union accepting applications for 2015 Scholarship Program

 $66,000 in Scholarships Available for College-Bound High School Seniors NEW YORK CITY, NY (December 2, 2014) -- Municipal Credit Union (MCU) is currently accepting applications for the 2015 Scholarship Program. MCU will award $66,000 in scholarship grants to college-bound graduating high school seniors: ...

Patricia Hamilton joins the Stonehill Group as Business Development Manager

Mortgage industry veteran to expand sales of loan quality solutions in West  ATLANTA, GA (December 2, 2014) -- Patricia Hamilton, a sales leader with more than 30 years of mortgage industry experience, has joined The StoneHill Group, a national provider of quality control, due diligence, ...

AMOCO Federal Credit Union 2015 Scholarships

TEXAS CITY, TX (December 2, 2014) -- AMOCO Federal Credit Union is looking for their next 2015 scholarship hopefuls.  For the sixth consecutive year, AMOCO is proud to continue a tradition that supports well-deserving high school and college students by investing in their future. AMOCO’...

Robins Federal volunteers with Ronald McDonald

WARNER ROBINS, GA (December 2, 2014) -- Robins Federal Credit Union recently partnered with Ronald McDonald House Charities of Central Georgia by making a $4,000 donation to the Ronald McDonald House’s 365 Day Society. A contribution of $1,000 to the 365 Day ...