Press

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CFPB report highlights costly credit cards and loans pushed on patients

WASHINGTON, D.C. (May 4, 2023) — Today, the Consumer Financial Protection Bureau (CFPB) published a report on high-cost specialty financial products, such as medical credit cards, that are sold to patients as a way to alleviate the growing costs of medical care. Patients are ...

Maine State Credit Union is helping Mainers learn new skills

AUGUSTA, ME (May 3, 2023) — The Maine State Credit Union Board of Directors has approved a donation of $100,000 to the Normand Dubreuil Scholarship Fund at Maine Maritime Academy and the Maine Community College System. Since its inception, Maine State Credit Union has ...

Connexus Credit Union announces record-breaking giveback in new Impact Report

WAUSAU, WI (May 3, 2023) — Connexus Credit Union’s philanthropic program, Connexus Cares, has released its 2022 Connexus Cares Impact Report which details the organization’s recording-breaking year of donations and employee volunteerism. In 2022, the organization donated over $3,500,000 and logged ...

Gov. Evers honors the 2022 Governor’s Financial Literacy Award recipients

MADISON, WI (May 3, 2023) — Today Gov. Tony Evers honored nine individuals and twelve organizations asrecipients of the 2022 Governor’s Financial Literacy Awards in a ceremony at the Wisconsin State Capitol. The recipients were honored for their efforts in helping Wisconsinites build their ...

Frontwave Credit Union honored with 13 marketing awards

OCEANSIDE, CA (May 3, 2023) — Frontwave Credit Union was recently honored with eight Diamond Awards from the Credit Union National Association (CUNA) Marketing & Business Development Council and five bronze awards from the American Advertising Federation of San Diego. Both organizations honored Frontwave for ...

Palmetto Citizens announces key changes in Financial Division

COLUMBIA, SC (May 3, 2023) — Palmetto Citizens Federal Credit Union is pleased to announce the appointments of three key roles within their Financial Division: Michael Beam as Chief Operating Officer (COO) and Chief Financial Officer (CFO), Maggie Prohs as Vice President of Operations, and ...

2024 Herb Wegner Memorial Awards nominations open

MADISON, WI (May 3, 2023) — The National Credit Union Foundation (the Foundation) hasopened nominations for the 2024 Herb Wegner Memorial Awards. The awards are the credit union movement’s highest national honors and recognize outstanding leaders, programs, and organizations that have made a lasting ...

Inclusiv FIT Center announces partnership with PoshAI

Posh Technologies, the conversational AI provider for banks and credit unions, is excited to announce its partnership with Inclusiv, an organization whose mission is to help low/moderate-income people and communities achieve financial independence through credit unions, through their Financial Inclusion Technology (FIT) Center. Posh ...

Baker Hill hosts Prosper 2023 with record attendance

CARMEL, IN (May 3, 2023) — Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, announced that Prosper 2023 was among its most successful user conferences to date, with 65 financial institutions from across the U.S. ...

NCUA Chairman Todd M. Harper addresses the Inclusiv 2023 Annual Conference

ALEXANDRIA, VA (May 3, 2023) — National Credit Union Administration Chairman Todd M. Harper spoke before the audience of Inclusiv’s 2023 Annual Conference in Memphis, Tennessee, today. Chairman Harper also participated in a panel discussion with Cathie Mahon, CEO of Inclusiv. In his remarks, ...

NEFCU awards $9,000 in scholarships to nursing students

WILLISTON, VT (May 2, 2023) — In recognition of the importance of the nursing profession to its members and the community, New England Federal Credit Union (NEFCU) annually awards three nursing scholarships of $3,000 each. As part of their application, candidates submit an original, ...

The York Chapter of Credit Unions awards three scholarships!

YORK, PA (May 2, 2023) — On Monday, May 1, 2023, the York Chapter of Credit Unions announced the winners of its 2023 scholarship contest: Ryan Horn, Ireland Cotton, and Benton Koons. All three received $1,000 to put towards their first year of schooling. ...

Achieva Credit Union hosts free Shredfest in Ft. Myers, FL

DUNEDIN, FL (May 2, 2023) — Achieva Credit Union is proud to announce a free Shredfest for the community on Saturday, May 6th, at its Colonial Branch located at 4379 Colonial Blvd. Fort Myers, FL 33966. The event will take place from 8 a.m. ...

Mortgage Cadence launches MCP Version 3.0

KANSAS CITY, MO (May 2, 2023) — Mortgage Cadence, an Accenture (NYSE: ACN) company, has released version 3.0 of its Mortgage Cadence Platform (MCP) Loan Origination System (LOS). The company launched MCP in 2021, and with the release of 2.0 last summer, officially ...