Press

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Webster First appoints Kerri Kane as new CFO after Kim Tonkin retires

WORCESTER, MA (June 4, 2024) — Webster First Chief Financial Officer Kim Tonkin is announcing her retirement after more than 40 years of service to the credit union. Current Controller and Vice President of Finance, Kerri Kane, has been promoted to CFO, effective June 3, ...

Tropical Financial Credit Union awards $10,000 in scholarships

MIRAMAR, FL (June 4, 2024) — Young adults have a lot on their plates these days, but three local college students can breathe a bit easier about their tuition, thanks to scholarships from Tropical Financial Credit Union. This year, the South Florida credit union awarded ...

CFPB warns against deception in contract fine print

WASHINGTON, DC (June 4, 2024) — The Consumer Financial Protection Bureau (CFPB) today issued a circular warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services. Companies use this fine print tactic to try to trick ...

Affinity Plus welcomes new Chief Information Officer Radha Chavali

SAINT PAUL, MN (June 4, 2024) — Affinity Plus Federal Credit Union has hired Radha Chavali as its new Chief Information Officer (CIO), effective May 2024, following the retirement of CIO Teri Laufers. Radha brings over two decades of extensive technology experience in IT strategic ...

Reminder: 2024 CDRLF grant round application period ends July 1

ALEXANDRIA, VA (June 4, 2024) — Low-income-designated credit unions have until July 1 to apply for 2024 Community Development Revolving Loan Fund grants. The agency will administer more than $3.4 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds. ...

WESTconsin Credit Union promotes Russ Blasius to Chief Operations Officer

WESTERN, WI (June 4, 2024) — WESTconsin Credit Union is pleased to announce the promotion of Russ Blasius to Chief Operations Officer (COO). In his new role, Blasius will oversee the credit union’s Retail Operations, Facilities, Member Solution, and WESTconsin Investment Advisors departments.  Blasius ...

Earthmover Credit Union honored with local business award

AURORA, IL (June 4, 2024) — The Aurora Regional Chamber of Commerce honored Earthmover Credit Union (ECU) with the 2024 Mid-Size Business Excellence Award at its recent Third Annual Celebration of Business Excellence. The award recognizes a local business with 26 to 100 employees that ...

Registration now open for Discovery2024 conference

MADISON, WI (June 3, 2024) — Registration is open for one of the credit union industry's largest virtual conferences, Discovery2024. This year’s event will be held on Thursday, August 8, 2024. The conference, which TruStage™ coordinates, begins at 9:00 a.m. CDT. The ...

Engage fi earns 2024 Great Place To Work

TAMPA, FL (June 3, 2024) — Engage fi, a leading consulting firm guiding banks and credit unions through technological  advancements and strategic decision making, is proud to be certified™ by Great Place To Work® for the  second year in a row.   The prestigious award is ...

CFPB creates registry to detect corporate repeat offenders

WASHINGTON, D.C. (June 3, 2024) — The Consumer Financial Protection Bureau (CFPB) today finalized a rule to establish a registry to detect and deter corporate offenders that have broken consumer laws and are subject to federal, state, or local government or court orders. The ...