Press

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Vantage West CU sets its sights on Aperture

MALVERN, PA (March 9, 2023) — AKUVO, a technology organization specializing in credit risk and delinquency management, announced today it has signed the $2.7 billion Vantage West Credit Union to its Aperture collections and credit risk platform. Vantage West, headquartered in Tucson, Ariz., is ...

Robins Financial Credit Union announces STAR Award Winners of the Year

WARNER ROBINS, GA (March 9, 2023) — Robins Financial Credit Union recently announced their STAR Award winners of the year in the following categories: Star Leader, Star Performer, Star Producer, and Branch of the Year. These awards recognize employees for exceptional performance and dedication to ...

CommunityAmerica opens new branch in Blue Springs

LENEXA, KS (March 9, 2023) — CommunityAmerica Credit Union is pleased to announce they will open their newest community financial center in south Blue Springs, Mo. “Blue Springs is seeing incredible growth and development on the South 7 highway corridor, and we wanted to be ...

Inter-American Federal Credit Union closes

ALEXANDRIA, VA (March 9, 2023) — The National Credit Union Administration today liquidated Inter-American Federal Credit Union of Brooklyn, New York. The NCUA made the decision to liquidate Inter-American Federal Credit Union and discontinue its operations after determining the credit union was not operating in ...

Credit union assets, shares, and deposits grow in fourth quarter

ALEXANDRIA, VA (March 8, 2023) — According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions rose by $108 billion, or 5.2 percent, to $2.17 trillion over the year ending in ...

MSGCU 2022 Year in Review

CLINTON TOWNSHIP, MI (March 8, 2023) — Michigan Schools and Government Credit Union (MSGCU) is proud to share 2022 achievements and highlights, including community support initiatives, award recognitions, and member service enhancements. To support its commitment to the credit union philosophy of “people helping people,” ...

DCUC announces 2023 GEM Scholarship recipients

WASHINGTON, DC (March 8, 2023) — The Defense Credit Union Council (DCUC) announced the George E. Myers (GEM) Scholarship winners during its 2023 Defense Matters on February 26, 2023, at the Marriott Marquis in Washington, D.C. This year’s scholarship recipients are Valjon Lyons, ...

Profits of women-owned businesses jumped 27% in 2022: Biz2Credit Study

NEW YORK, NY (March 8, 2023) — The annual Biz2Credit Women-Owned Business Study found that women-owned businesses had higher earnings growth (27% increase) than male-owned firms (22%) increase in 2022. Additionally, a year-over-year comparison showed an increase in overall annual revenue by 2% and a ...

‘There’s no place like home’

TEXAS CITY, TX (March 8, 2023) — Jeanette Caligone, of Hitchcock, was ready to come back “home.” In 2017, Hurricane Harvey wreaked havoc in the Greater Houston-Galveston area, and Caligone, whose car was financed through AMOCO Federal Credit Union, found herself in a terrible predicament ...

PCM Credit Union announces selection of new President/CEO

PLANO, TX (March 8, 2023) — PCM Credit Union’s Board of Directors has named Shelly Mellenberger as its new president/CEO, thanks to an executive search conducted by Cornerstone Resources’ executive search and professional recruiting division. Mellenberger, who previously served as senior vice president ...

Jax Federal Credit Union to rebrand as RadiFi Credit Union

JACKSONVILLE, FL (March 8, 2023) — Jax Federal Credit Union is pleased to announce that it is changing its name and brand to RadiFi Credit Union, effective March 29, 2023. The brand announcement began this week with a letter to members unveiling the new name ...

AACUC inducts 2023 African American Credit Union Hall of Fame honorees

SNELLVILLE, GA (March 8, 2023) — The African-American Credit Union Coalition (AACUC), inducted seven credit union leaders into its African American Credit Union Hall of Fame Induction Ceremony during the Credit Union National Association’s Governmental Affairs Conference in Washington, D.C. The 2023 honorees ...

Centra’s Seymour location named Medium Business of the Year

COLUMBUS, IN (March 8, 2023) — Centra Credit Union’s Seymour location has been named the 2023 Business Hall of Fame’s Medium Business of the Year by the Jackson County Chamber. The award was announced during the Jackson County Chamber’s annual awards ceremony ...

World Council of Credit Unions strengthens leadership

MADISON, WI (March 8, 2023) — World Council of Credit Unions (WOCCU) and Worldwide Foundation for Credit Unions are pleased to announce the hire of two new employees and the promotion of a third to key leadership positions that will help the organizations further pursue ...