Press

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myCUmortgage starts strong in 2023 and signs five new partner credit unions

BEAVERCREEK, OH (August 1, 2023) — myCUmortgage is thrilled to announce it has partnered with five credit unions from across the United States to empower them in becoming great mortgage lenders. myCUmortgage is a leading Credit Union Service Organization (CUSO) and wholly owned by Wright-Patt ...

CUNA and NAFCU announce intent to merge to form “America’s Credit Unions”

WASHINGTON, DC (August 1, 2023) — The Credit Union National Association (CUNA) and the National Association of Federally-Insured Credit Unions (NAFCU), the nation’s two leading credit union associations, officially announced their intent to merge and form a new organization, America’s Credit Unions. When ...

White woman at the African American Conference

LANSING, MI (July 31, 2023) — Last week, I had the pleasure of attending the African-American Credit Union Coalition (AACUC)’s Annual Conference. It was the Coalition's 25th year of the conference, so it was a pretty big milestone. The conference is a five-day event ...

Jeanne D’Arc Credit Union awards $1,500 to Lowell Litter Krewe

LOWELL, MA (July 31, 2023) — Jeanne D’Arc Credit Union is pleased to present Lowell Litter Krewe with a $1,500 donation, as the winner of the organization’s second quarter Give-A-Click campaign. The Give-A-Click program runs quarterly on the We Share a Common ...

Remembering the legacy of Bill Broxterman

ONTARIO, CA (July 31, 2023) — It is with great sadness that we share the news of the passing of a beloved member of our credit union community, Bill Broxterman, on July 30, 2023. Bill's dedication and contributions to the credit union movement were immeasurable, ...

Summit Credit Union is Wisconsin’s #1 Mortgage Lender

MADISON, WI (July 31, 2023) — Summit Credit Union, a member-owned financial cooperative, is the top mortgage lender in the state of Wisconsin this year, according to data collected under the Home Mortgage Disclosure Act (HMDA). Based on 2022 HMDA (Home Mortgage Disclosure Act) data, ...

Farwell introduces Catie McDonald and Credit Union Strategy Focus

MADISON, WI (July 31, 2023) — FarWell is pleased to announce that Catie McDonald (formerly Catie Shannon) has joined FarWell as a Senior Strategic Advisor. Catie has more than 15 years of experience in the credit union industry with a heavy focus on developing and ...

Capital Credit Union announces promotions

BISMARK, ND (July 31, 2023) — Capital Credit Union today announced the promotion of Chris Nelson to director of sales and consumer lending, Dustin Bitz to director of financial education and Carlynn Faris to director of member services. As director of sales and consumer lending, ...

Xtend partners with Magic-Wrighter to offer Loan Pay Xpress

GRAND RAPIDS, MI (July 31, 2023) — Xtend, Inc., a leading provider of contact center solutions, today announced a partnership with Magic-Wrighter, a provider of payment solutions software. Under the partnership, Xtend will use Magic-Wrighter’s Loan Pay Xpress tool to take payments over the ...

New President/CEO selected for First Alliance Credit Union

ROCHESTER, MN (July 31, 2023) — The Board of Directors of First Alliance Credit Union is pleased to announce the selection of Brent Rempe as the credit union’s next President/Chief Executive Officer. Mr. Rempe will succeed Mike Rosek who is retiring after serving ...

Consumers Credit Union adds financial advisor to assist more members

KALAMAZOO, MI (July 31, 2023) — Consumers Credit Union is excited to welcome financial advisor Cole Brandon to the team. As a CFS* financial advisor, Brandon will assist Consumers’ members in making wise investment decisions and plans in support of their financial goals. Brandon has ...

Yonkers Postal Employees Credit Union conserved

ALEXANDRIA, VA (July 31, 2023) — The New York State Department of Financial Services today placed Yonkers Postal Employees Credit Union in Yonkers, New York, into conservatorship and appointed the National Credit Union Administration as conservator. Member deposits at Yonkers Postal Employees Credit Union remain ...

Agencies update guidance on liquidity risks and contingency planning

ALEXANDRIA, VA (July 31, 2023) — Federal financial institution regulatory agencies today updated their existing guidance on liquidity risks and contingency planning. The updated guidance highlights that depository institutions should regularly evaluate and update their contingency funding plans. The updated guidance encourages depository institutions to ...

Endurance FCU breaks ground on corporate building

DUNCAN, OK (July 28, 2023) — Endurance Federal Credit Union held the ground breaking ceremony for their new corporate building on Tuesday, May 23, 2023 at 10 am. The ground breaking ceremony was held at 2009 N Hwy 81, in Duncan, OK. “We have been ...

5-Star Compass Community Credit Union – It’s where you belong

EUREKA, CA (July 28, 2023) — BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, proudly acknowledges that Compass Community Credit Union has earned its highest, 5-Star rating for 53 consecutive quarters. That’s quite a feat. Having maintained its financial strength ...