Press

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AMOCO doing good in community

TEXAS CITY, TX (April 28, 2023) — AMOCO partners with Kappa Alpha Psi Fraternity AMOCO Federal Credit Union was a sponsor of the Galveston Alumni Chapter of Kappa Alpha Psi Fraternity’s “Pre & Post Grief Management: How to Manage the Anticipation of the Death ...

Financial Center’s executive changes signal plans for growth

INDIANAPOLIS, IN (April 28, 2023) — Financial Center First Credit Union is taking bold steps toward the $850 million-dollar credit union’s future, making significant investments in the senior leadership team in response to the organization’s three-year strategic plan and growth objectives. These changes ...

Deposit Guarantee concept presented to Ukrainian Credit Unions

MADISON, WI (April 28, 2023) — Representatives of Deposit Guarantee Fund (DGF) of Ukraine Wednesday presented the initial concept of a deposit guarantee system for credit union members at a round table for the sector organized by the USAID/World Council of Credit Unions’ Credit ...

Wellby Financial appoints Deena Smith as Chief Financial Officer

HOUSTON, TEXAS (April 28, 2023) — Wellby Financial, the second-largest credit union in Houston, announced the selection of Deena Smith as the company’s new Chief Financial Officer, where she will be responsible for financial stability, investing, financial analysis, and reporting. The CFO leads accounting, ...

Iowa Credit Union Foundation awards $23,000 to scholarship winners

WEST DES MOINES, IA (April 27, 2023) — The Iowa Credit Union Foundation (ICUF) recently awarded scholarships to eight high school students and four post-high school students as recipients of its Warren A. Morrow Memorial Scholarship. The scholarship program is in memory of the late ...

Glia launches Voice Banking Virtual Assistants

NEW YORK, NY (April 27, 2023) — Glia, the leading provider of Digital Customer Service (DCS), today announced a voice banking solution for the Glia Interaction Platform. The new feature is an extension to its turnkey AI-powered Glia Virtual Assistants (GVAs) to support dial-in phone ...

GTE Financial promotes two long-time employees

TAMPA, FL (April 27, 2023) — Locally owned and operated credit union, GTE Financial continues to build skilled and passionate teams. The financial institution is proud to announce the promotions of Ashley Stimatz to Vice President and Chief of Staff to the President and Chief ...

SWBC signs its top draft pick – Dallas Cowboys’ Micah Parsons

SAN ANTONIO, TX (April 27, 2023) — SWBC scores big as Micah Parsons, linebacker for the Dallas Cowboys and 2021 NFL Defensive Rookie of the Year, inks a deal to join the company’s roster as spokesperson and brand ambassador. Parsons is a natural fit ...

PSCU launches new installment payments solution

ST. PETERSBURG, FL (April 27, 2023) — PSCU, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has announced the general availability of its new Installment Payments solution. This launch follows a successful pilot program with a ...

HFSC passes CUNA-backed CFPB reform legislation

WASHINGTON, DC (April 27, 2023) — The House Financial Services Committee passed the CUNA-supported the CFPB Transparency and Accountability Reform Act (H.R. 2798) Wednesday night. CUNA wrote earlier this week in support of the bill, which contains several titles that would make CUNA and ...

One Nevada Credit Union & iQ Credit Union join Arkatechture CUSO partnership

PORTLAND, ME (April 27, 2023) — Arkatechture CUSO, a technology company dedicated to empowering organizations with a better understanding of their business through data, has gained two new credit union investors. In 2022, Arkatechture formed a Credit Union Service Organization with partners ORNL Federal Credit ...

11 credit unions among the first to receive CDFI certifications in 2023

TACOMA, WA (April 27, 2023) — While the Treasury’s Community Development Financial Institutions Fund is still in its pause period and hasn’t accepted any new applicants for CDFI certification since October of 2022, financial institutions are starting to see more communication. Eleven CU ...

Dow Credit Union promotes two senior executives

MIDLAND, MICHIGAN (April 27, 2023) — In recognition of their exceptional performance, Dow Credit Union has promoted two senior executives. As the new vice president of human resources and marketing, Sheila Wright is expanding her responsibilities to oversee marketing, media relations and community relations. Mark ...

NCUA–COSSEC partnership will strengthen supervision of Cooperativas

ALEXANDRIA, VA (April 27, 2023) — The National Credit Union Administration and the Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico today signed a memorandum of understanding to collaborate on and provide staff training opportunities, identify enhanced supervision approaches, and develop ...

AMOCO donates over $80K at junior auction

TEXAS CITY, TX (April 26, 2023) — Boasting over 100,000 members, AMOCO Federal Credit Union gave back in a major way to some of its youngest members at the Galveston County Fair & Rodeo’s Junior Auction held April 19 on the fairgrounds in ...