Press

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85th annual meeting highlights AMOCO’s tremendous growth

TEXAS CITY, TX (February 23, 2023) — AMOCO Federal Credit Union, led by CEO and President Shawn Bailey, held its 85th annual meeting with more than 300 members and credit union board members, administration, and staff in attendance on Tuesday, February 21, at the Charles ...

Sooper Credit Union accepting scholarship applications

ARVADA, CO (February 22, 2023) — Sooper Credit Union and the SCU Community Foundation are accepting scholarship applications for the 2023 school year. The SCU Community Foundation was established in 2009 by the Sooper Credit Union Board of Directors to focus and direct philanthropic efforts ...

InFirst Federal Credit Union executive leadership changes

ALEXANDRIA, VA (February 22, 2023) — InFirst Federal Credit Union (InFirst) announces changes to its Executive Leadership team. Steve Davitt, formerly the Vice President of Strategic Development, is now the Chief Innovation Officer, responsible for leading our Facilities, Marketing, and Projects teams. Tameka Murphy, formerly ...

Filene announces 29 credit union innovators selected for i3 program

MADISON, WI (February 22, 2023) — Twenty-nine of the credit union industry’s most innovative leaders come together to form the newest cohort of the Filene i3 Program. This year saw the highest number of applications in the program’s 19-year history. Filene i3 is ...

CDFI advocate & incoming Telhio CU CEO advances credit union leadership diversity

TACOMA, WA (February 22, 2023) — CU Strategic Planning, the leading Community Development Financial Institution-certification and financial award consultants, applauded the $1.38 billion Telhio Credit Union board’s selection of Derrick Bailey as its incoming CEO. Current CEO Leslie Bumgarner has announced she will ...

Sandia Laboratory Federal Credit Union hosts 83rd blood drive since 2004

ALBUQUERQUE, NM (February 22, 2023) — Sandia Laboratory Federal Credit Union hosted its 83rd blood drive since 2004 at its corporate headquarters on Wednesday, February 8, in northeast Albuquerque. Volunteers donated 20 units of blood, exceeding the drive’s goal by five units. Over the ...

Neural Payments launches customizable P2P fraud rules engine

CINCINNATI, OHIO (February 22, 2023) — Neural Payments announced today the launch of their proprietary Fraud Rules Engine for financial institutions, which will enable the ability to stop fraud prior to the P2P transfer completion.  "At the very core of what we do is payments. ...

Alliant Credit Union Achieves Record Loans Sales in 2022

Alliant Credit Union today announced that its loan trading desk sold $470 million in commercial and consumer loan participations in 2022 in 25 transactions, up 74% from 2021. On the purchase side, Alliant’s loan trading desk bought $440 million in residential and consumer loan ...

Meriwest Credit Union announces Lisa Pesta as new CEO

SILICON VALLEY,, CA (February 21, 2023) — Meriwest Credit Union Board of Directors is proud to announce the appointment of Executive Vice President and Chief Operating Officer, Lisa Pesta, as the new President and Chief Executive Officer of the $2.2 billion credit union. The ...

Clearlake woman wins Redwood Credit Union’s Truck Giveaway

SANTA ROSA, CA (February 21, 2023) — Redwood Credit Union hosted its highly anticipated truck giveaway on Sunday, February 5 at a block party at its Lower Lake branch. Alexandra Villalobos Valencia won the Toyota Tacoma valued at $44,000 and was overjoyed to receive ...

Zia Credit Union turns members’ heads to grow loans

GREENVILLE, SC (February 21, 2023) — The $204.8 million Zia Credit Union has been approached about merging into other credit unions. The answer is always a resounding, ‘No, we don’t need to.’ With an ROA of 1.1%, loan growth in 2022 of ...

OCCU hires two leaders

EUGENE, OR (February 21, 2023) — OCCU welcomes Genevieve Sumnall as VP of business services and has promoted Cheleana Stafflund to director of retail operations. Both Sumnall and Stafflund started their new roles in Jan. 2023. As VP of Business Services, Genevieve Sumnall’s responsibilities ...

PSCU named One of America’s Best Midsize Employers by Forbes

ST. PETERSBURG, FL (February 21, 2023) — PSCU, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, has been named to the Forbes list of America’s Best Midsize Employers 2023. PSCU is one of 500 companies ...