Press

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Hanscom FCU awards scholarships to high school seniors

HANSCOM AFB, MA (June 6, 2024) — Hanscom Federal Credit Union awarded seven graduating high school seniors – five credit union members and two students from local U.S. Air Force Junior ROTC units – with John F. Condon Memorial Scholarships of $1,500 each to assist ...

boost.ai gains momentum in U.S. with credit union, Pindrop partnerships

BOSTON, MA (June 6, 2024) — Leading conversational AI provider boost.ai today announced Credit Union of Colorado and Desert Financial Credit Union (DFCU) as new customers alongside a new strategic partnership with Pindrop, industry leaders in voice security solutions. The news reinforces the company's ...

Community Financial Credit Union’s Relentless Care Foundation launches partnership with Brilliant Detroit and Nine Design + Homes to offer Fitzgerald neighborhood roof replacements in HGTV special

Community Financial Credit Union’s Relentless Care Foundation is partnering with Brilliant Detroit and Nine Design + Homes to launch the “Roof the Block'' initiative, providing critical support to existing homeowners in need. Roof the Block kicked off with a $50k donation from the Relentless Care ...

West Community Credit Union announces 2024 scholarship winners!

O’FALLON, MO (June 5, 2024) — West Community Credit Union would like to congratulate our 2024 scholarship winners! This year’s recipients are Abhinav Dukkipati (Francis Howell High School), Avery White (Brentwood High School), Amelia Bequette (Nerinx Hall), Faith Travis (Incarnate Word Academy), and ...

Credit union assets, lending, insured shares, delinquencies grow

ALEXANDRIA, VA (June 5, 2024) — According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions rose by $96 billion, or 4.4 percent, over the year ending in the first quarter of ...

Neighbors FCU hosts 2024 Neighbors Way Tuition Assistance Awards Breakfast

BATON ROUGE, LA (June 5, 2024) — Neighbors FCU honored students, educators, and local organizations as  well as highlight the work of the Neighbors Capitol Area Foundation at our Neighbors Way  Tuition Assistance Awards Breakfast. Students received a one-time scholarship award ranging  from $1,000-$...

NCUA Office of Financial Technology and Access establishes office hours

ALEXANDRIA, VA (June 5, 2024) — The National Credit Union Administration’s Office of Financial Technology and Access is establishing office hours where credit union representatives, financial technology companies, and credit union associations can schedule time to speak about financial technology with representatives from the ...

REPAY empowers credit unions with enhancements to CU*Answers integration

ATLANTA, GA (June 5, 2024) —  Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced new enhancements to the company’s integration with partner CU*Answers, a 100% credit union-owned, Credit Union Service Organization (CUSO) that provides core processing ...

NCR Atleos launches UK ATM cash deposit service

ATLANTA, GA (June 5, 2024) — NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital for cash-reliant UK ...

United Nations Federal Credit Union publishes 2023 Impact Report

LONG ISLAND CITY, NY (June 5, 2024) — The United Nations Federal Credit Union (UNFCU)  announced the publication of its 2023 Impact Report, highlighting its continued commitment to  sustainability, philanthropy, volunteerism and Diversity, Equity, Inclusion and Belonging (DEIB)  achievements. UNFCU demonstrated strategic actions to advance ...

CFPB launches process to recognize open banking standards

WASHINGTON, D.C. (June 5, 2024) — Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming ...

Adventure Credit Union and Astera Credit Union announce intent to merge

GRAND RAPIDS/LANSING, MI (June 5, 2024) — Adventure Credit Union and Astera Credit Union are excited to announce their plans to merge, pending regulatory approval and a membership vote. This strategic merger will combine the strengths of both credit unions, creating a stronger and ...

TBA Credit Union recognized as a 2024 MyNorth Red Hot Best Winner

TRAVERSE CITY, MI (June 4, 2024) — TBA Credit Union is proud to announce that it has been named a winner of the MyNorth Red Hot Best Awards in the Traverse City Best Bank/Financial Institution category for another consecutive year. This recognition is a ...

HFS Federal Credit Union awards $45,000 in scholarships

HILO, HI (June 4, 2024) — The hopes and dreams of local students are alive and well despite economic challenges and the rising costs of post-secondary education. HFS Federal Credit Union understands the need and is here to help! For the past 13 years, the ...

AMOCO Federal Credit Union expands in League City

LEAGUE CITY, TX (June 4, 2024) — AMOCO Federal Credit Union is expanding its geographical footprint in Galveston County, with its future Magnolia Creek Branch breaking ground in July 2024. The 3,100 square-foot building will be located near the corner of Bay Area Blvd &...

ICUF announces graduates of 2024 Financial Coach Program

DES MOINES, IA (June 4, 2024) — The Iowa Credit Union Foundation (ICUF), the philanthropic arm of the Iowa Credit Union League, announced the 2024 graduates of its ‘People Helping People’ Financial Coach Program. The program, which ran virtually in May, featured 50 attendees from ...

Governor Kim Reynolds signs House File 131

DES MOINES, IA (June 4, 2024) — Iowa Governor Kim Reynolds signed House File 131 into law in May after it passed through the Iowa Senate and House with strong, bipartisan support. The bill makes various changes to the Iowa Credit Union Act (Chapter 533) ...

TRUE Community Credit Union announces 2024 scholarship recipients

JACKSON, MI (June 4, 2024) — TRUE Community Credit Union announces the recipients of 10 scholarships as part of National Financial Literacy Month. TRUE Community Credit Union awarded ten students with a $1,000 scholarship each. This year students graduating high school in the 2024 ...

LEVERAGE partners with Clutch to transform consumer banking

TALLAHASSEE, FL (June 4, 2024) — LEVERAGE, the service corporation for the League of Southeastern Credit Unions & Affiliates (LSCU & Affiliates), is excited to announce a new strategic partnership with Clutch, a leading financial technology platform specializing in omnichannel consumer loan and deposit account ...