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RALEIGH, N.C. (August 3, 2023) — Twenty non-profits located across North Carolina have been awarded $800,000 in capacity building grants by SECU Foundation. The funding was part of the Foundation’s Mission Development Grant (MDG) program, providing each non-profit with $40,000 and ...
MEMPHIS, TN (August 3, 2023) — SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, today released its most recent report: "Why Every Financial Institution Needs a Fintech Blueprint." Over 95% of banks and credit ...
MUSKEGO, WI (August 3, 2023) — A CUSO providing contract renegotiation and cost reduction services continues to deliver eye-opening savings for its credit union clients. Since the launch of the program in 2017, InterLutions has helped 80 credit unions save over $30 million. The solution ...
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 ...
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’...
SAN DIEGO, CA (August 2, 2023) — San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is proud to announce that SDCCU Executive Vice President, Chief Experience Officer & Digital Channels, Nathan Schmidt, was named among San Diego Business ...
WASHINGTON, D.C. (August 2, 2023) — Today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal court against auto-loan servicer USASF Servicing (USASF) for a host of illegal practices that harmed individuals with auto loans. These practices include wrongfully disabling borrowers’ vehicles, ...
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 ...
NEW YORK, NY (August 2, 2023) — There were 362 commercial Chapter 11 filings registered in July 2023, an increase of 71 percent from the 212 filings registered in July 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy ...
EAU CLAIRE, WI (August 2, 2023) — The RCU Foundation and New Richmond Area Chamber of Commerce are proud to present the second annual Making a Difference (M.A.D) Trivia fundraiser which will take place on Thursday, November 2 at the 45th Parallel Distillery ...
ST.JAY, ME (August 2, 2023) — OTIS Federal Credit Union has donated $5,000 to Maine’s Paper & Heritage Museum, located in Livermore Falls, Maine. This donation brings the Paper Museum closer to its goal of raising $25,000 to match a grant ...
PHILADELPHIA, PA (August 2, 2023) — American Heritage Credit Union (“American Heritage”) has partnered with Credit Union Travel and a variety of exciting local attractions to extend its member benefits and discount programs. Members can now sign up for a free lifetime membership to Credit ...
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 ...
HANSCOM AFB, MA (August 2, 2023) — Hanscom Federal Credit Union Charitable Foundation is proud to announce its first annual Honorary Breakfast, honoring the life and legacy of Brigadier General E. "Woody" Woodhouse II, one of the last remaining members of World War II's legendary ...
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 ...
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 ...
DENVER, CO (August 2, 2023) — Canvas Credit Union, one of Colorado’s leading credit unions for more than 85 years, and the Colorado High School Activities Association (CHSAA), Colorado’s primary source for cultivating an equitable environment for students to further their education through ...
LAKEWOOD, WA (August 2, 2023) — Harborstone Credit Union announced today that it has entered into a definitive agreement to acquire Seattle, Washington-based First Sound Bank (OTCPK: FSWA). The transaction is structured as a purchase agreement with Harborstone Credit Union purchasing essentially all assets and ...
ALEXANDRIA, VA (August 2, 2023) — In February 2022, the National Credit Union Administration (NCUA) issued a Letter to Credit Unions addressing Equal Credit Opportunity Act (ECOA) Nondiscrimination Requirements. The letter discussed violations the NCUA has observed involving credit unions, including the prohibited basis variable “...
AUSTIN, TX (August 2, 2023) — Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the launch of its new suite of security offerings – Q2 Security Insights. Q2 Security Insights offers products that deliver sets of ...
ALEXANDRIA, VA (August 2, 2023) — The National Credit Union Administration is working with federally insured credit unions affected by the recent severe storms and flooding in Vermont to help protect consumers and ensure continuity of services. The NCUA is closely monitoring the situation to ...
FORT WASHINGTON, PA (August 2, 2023) — TruMark Financial® Credit Union took part in the Annual Collaborative Credit Union Food Drive, resulting in 2,834 pounds of canned goods and non-perishable food being donated to Philabundance. To help replenish diminishing supplies in local pantries, TruMark ...
INDIANAPOLIS, IN (August 2, 2023) — As the back-to-school season approaches, My First Nest Egg, an award winning digital financial education system that gamifies healthy financial habits for kids ages 3-13, is thrilled to announce its partnership with FORUM Credit Union, an 82 year old ...
GREENSBORO, NC (August 2, 2023) — It was a true Decade of Dogs celebration at Vizo Financial’s 10 th Annual Hot Dog Eating Contest, which raised a total of $12,000 for Children’s Miracle Network Hospitals at Penn State Health Children’s Hospital. ...
SACRAMENTO, CA (August 1, 2023) — Golden 1 Credit Union (Golden 1) today announced it has committed $10 million to Sacramento’s Del Paso Heights neighborhood, a long-neglected, high-poverty area with a predominantly minority population. The Credit Union’s five-year targeted investment will support key ...
HONOLULU, HI (August 1, 2023) — HUGS Executive Director Amy Morton-Sogi and Development Director Alex Wereszczynskyj stopped by the Hawaii Central Federal Credit Union (FCU) Main branch on King Street where they were presented with a check in the amount of $1,052.00. Last ...
SAN JOSE, CA (August 1, 2023) — PremierOne Credit Union has expanded its field of membership to all persons who live, work, worship, or attend school in eight counties: Santa Clara, Santa Cruz, Monterey, San Benito, Alameda, San Mateo, Merced, San Joaquin, and Stanislaus (all ...
LANSING, MI (August 1, 2023) — This week, the Michigan Credit Union League (MCUL) announced the hiring of DaeSean Ashby as the team’s new Director of State Advocacy. Ashby comes from Acuitas LLC, a multi-client lobbying firm in downtown Lansing. At Acuitas, he focused ...
MADISON, WI (August 1, 2023) — Base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions reported in the 2023 CUES Executive Compensation Survey. Other key findings from this year’s report include: A credit union’s ...
TACOMA, WA (August 1, 2023) — Earlier this summer, Sound Credit Union (Sound) held their annual auction to raise money for a local nonprofit. This year, the proceeds raised benefited WWIN (Washington Women in Need). Sound employees procured nearly 85 auction items and raised over $...
