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SUPERIOR, WI (December 8, 2022) — Superior Choice Credit Union (SCCU) and Hayward Community Credit Union (HCCU) announced today that the “Yes” vote by HCCU members has finalized the merger between the two financial institutions. The merger will create a combined financial institution serving more ...
HANSCOM AFB, MA (December 8, 2022) — Hanscom Federal Credit Union has announced the appointment of Penelope (Penny) Swallow to the position of Chief Financial Officer. “Penny’s purpose-driven approach will be invaluable to our organization as we evolve and grow,” said Peter Rice, Hanscom ...
RAPID CITY, SD (December 8, 2022) — Black Hills Federal Credit Union (BHFCU) proudly makes an annual donation to the Capital Area United Way. Through individual pledges from the Pierre team and a corporate contribution, BHFCU donated $2,179.36 to the Capital Area United ...
MADISON, WI (December 8, 2022) — World Council of Credit Unions’ (WOCCU) Technology and Innovation for Financial Inclusion (TIFI) Project last week welcomed WOCCU President and CEO Elissa McCarter LaBorde to Dakar, Senegal for a series of workshops on growing SME lending, digitalization and gender ...
DES MOINES, IA (December 8, 2022) — Affiliates Management Company (AMC), the holding company of the Iowa Credit Union League (ICUL), is pleased to announce the appointment of a new board member, Lucy Ito. Ito has more than 30 years of diverse executive experience as ...
ALEXANDRIA, VA (December 8, 2022) — According to the latest financial performance data released today by the National Credit Union Administration, total loans outstanding in federally insured credit unions increased $235 billion, or 19.2 percent, over the year ending in the third quarter of ...
ANAHEIM HILLS, CA (December 8, 2022) — On Veterans Day, Credit Union of Southern California (CU SoCal) partnered with the W.S.W. Foundation, a non-profit group dedicated to helping veterans in need, to assemble nearly 3,000 care package kits for veterans. CU SoCal ...
TAMPA, FL (December 8, 2022) — As a leading not-for-profit credit union, GTE Financial is committed to giving back to the Tampa Bay community and putting members first. The credit union is fulfilling the holiday wish lists of eight member families through its Make Hope ...
MILPITAS, CA (December 8, 2022) — An unpredictable job landscape and staffing shortages are testing the entire financial industry, including credit unions and community financial institutions (CFIs). Eltropy Founder and CEO Ashish Garg offers 3 tips: “Be smart about hiring, prepare to do more with ...
MUSKEGO, WI (December 8, 2022) — QuantyPhi recently announced an enhanced Mortgage Servicing Rights (MSR) valuation model offering. QuantyPhi built the sophisticated model to calculate the value of a credit union’s mortgage loan servicing income on loans that have been sold, but for which ...
CHARLESTON, SC (December 8, 2022) — The Honorable Rodney E. Hood visited the Charleston based REV Federal Credit Union at its monthly SPARK! leadership meeting. As a member of the NCUA Board of Directors, Mr. Hood took the opportunity to address attendees on the issues ...
DURHAM, N.C (December 8, 2022) — Common Cents Lab, a financial behavior research lab part of the Center for Advanced Hindsight at Duke University, today unveiled the Financial Wellbeing Design Guide. At a time of mounting economic pressure and as financial product designers strive ...
PURCHASE, NY (December 8, 2022) — In 2023, the Mastercard Economics Institute expects to see a multi-speed global economy defined by uneven outcomes, where some countries, companies and individuals are more exposed to the headwinds from high inflation and interest rates than others. This dynamic ...
TEWKSBURY, MA (December 8, 2022) — Engageware, the industry-leading provider of customer engagement solutions, released its ENGAGE 2023: Customer Engagement in Banking, Annual Trends Report. This year’s report, powered by market research firm, Infosurv, explores the strategic priorities of U.S.- based banks ...
SAN DIEGO, CA (December 8, 2022) — San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, in partnership with 103.7 KSON, is proud to bring you KSON Country Cares for St. Jude Kids Radiothon beginning on Thursday, December ...
SAN FRANCISCO, CA (December 7, 2022) — The five unique Passports are designed to meet the needs of businesses that are stakeholders; they include the following: Access Passport – U.S. payment systems are integral to their business. Access Passport members include high-volume users, solution providers, ...
EAU CLAIRE, WI (December 7, 2022) — Royal Credit Union (Royal) is proud to announce new retail leadership in the Metro region: Amy Burma and Laura Sorensen. Both team members joined Royal in August during the Lake Area Bank conversion. Burma was named Regional Director ...
ALEXANDRIA, VA (December 7, 2022) — Dear Boards of Directors and Chief Executive Officers: In March 2020, November 2020, and November 2021, the NCUA issued three letters to federal credit unions providing flexibility during the pandemic related to annual meetings.1 In those letters, the ...
NEW YORK, NY (December 7, 2022) — Commercial Chapter 11 filings increased 74 percent to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq's Bankruptcy Analytics platform. The November 2022 commercial Chapter 11 filing total was ...
LOWELL, MASS (December 7, 2022) — For the third year in a row, Mills42 hosted their annual Market Basket Gift Card Giveaway bright and early on Tuesday, November 22nd. A total of 42 gift cards—each worth $25—found their way into the hands of ...
AUSTIN, TX (December 7, 2022) — Almost 30 years ago, Jacqueline Hammett’s daughter Mystique spent the Christmas holidays in the neonatal unit of a children’s hospital, facing serious health challenges. The charity Any Baby Can provided baby furniture, diapers, clothing, and continued services ...
WASHINGTON, D.C. (December 7, 2022) — Today, the Consumer Financial Protection Bureau (CFPB) released research revealing that Reserve and National Guard members called to active duty are paying an extra $9 million in interest every year because they are not always receiving the benefit ...
COLUMBUS, OH (December 7, 2022) — BankiFi, a fintech aimed at helping small/medium-sized businesses (SMBs) by putting banks and financial institutions back at the heart of business, finished the year strong with a series of milestones that position it to become a leader in ...
BOWLING GREEN, KY (December 7, 2022) — Ground was broken today (Tuesday, Dec. 6) to begin construction on a 15,000- square-foot Service One Credit Union (SOCU) branch at 101 State Street. Rebecca Stone, SOCU President & CEO, was joined by Board Chair Dr. James ...
Ocean Financial Federal Credit Union (OFFCU) has donated $8,500 to the Catholic Youth Organization (CYO-LI) in support of their ongoing athletic programs that serve thousands of Long Island Children every year. CYO of Long Island was established in 1958 and has since then provided ...
WATERLOO, IA (December 6, 2022) — Waterloo, Iowa-based Veridian Credit Union (Veridian) and Eden Prairie, Minn.-based American Investors Bank and Mortgage (AIBM) have entered into a purchase agreement for Veridian to acquire the bank. The board of directors at both financial institutions have unanimously ...
EUGENE, OR (December 6, 2022) — OCCU Chief Digital Officer Brian Alfano raised more than $25,000 for the American Cancer Society’s Real Men Wear Pink breast cancer fundraising campaign, catapulting him to win the award for top local fundraiser and Real Men Wear ...
TULLAHOMA, TN (December 6, 2022) — Ascend Federal Credit Union, the largest credit union in Middle Tennessee, announced today that it will return $5 million to members in the form of bonus dividend payments, loan interest refunds and reward payments for loyal debit card use. ...
TAMPA, FL (December 6, 2022) — Trellance, a leading technology partner providing innovative analytics and talent solutions to credit unions, today released a list of the credit union league partnerships it added in 2022. Partnering with credit union leagues and state trade associations was a ...
SAN JOSE, CA (December 6, 2022) — First Tech Federal Credit Union, the nation's eighth-largest credit union, announced two key executive leadership team appointments. Jason Heupel has assumed the new role of Chief Experience Officer (CXO), where he will lead all retail operations and drive ...
