Press

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Firemen’s Federal’s Chairperson honored with Lifetime Achievement Award

NEW ORLEANS, LA (November 3, 2022) — New Orleans Firemen’s Federal Credit Union Board Chairperson Joseph Jurisich has been named the National Council of Firefighter Credit Unions’ (NCOFCU) 2022 Lifetime Achievement Award recipient. Jurisich rose to the rank of Deputy Chief during his 30-year ...

RCU Foundation announces $25,000 gift to Artreach St. Croix

EAU CLAIRE, WI (November 3, 2022) — The Royal Credit Union Foundation (RCU Foundation) made a $25,000 gift dedicated to the renovation and remodel of ArtReach St. Croix’s Stillwater gallery. These upgrades will improve the energy efficiency and usefulness of this historic building. "...

Former NYCUA Counsel Henry Meier to start legal consulting firm

ALBANY, NY (November 3, 2022) — Henry Meier, the former longtime counsel and lobbyist for the New York Credit Union Association, has launched a new firm — the eponymous Law Office of Henry C. Meier, Esq. — dedicated to helping financial institutions take a holistic approach to ...

ALM First assists OCCU with $275M auto securitization

DALLAS, TX (November 3, 2022) — ALM First, a strategic partner for depositories offering commission-free, fee-based advice, served as a consultant for Oregon Community Credit Union (OCCU, $3.2B, Eugene, OR) throughout their recent securitization process. This is the credit union’s first asset-backed securities ...

CUNA Economics: ‘Fed meeting may signal smaller future rate hikes’

WASHINGTON, DC (November 3, 2022) — “The Federal Reserve raised the benchmark interest rate by 75 basis points for a fourth consecutive time, increasing the target range to 3.75 - 4 percent. The Federal Open Market Committee's (FOMC) press release reiterated its commitment to ...

LPL Financial wins MMI/Barron’s Wealth Manager Platform of the Year

BOSTON, MA (November 3, 2022) — LPL Financial LLC (Nasdaq:LPLA) today announced the firm’s Model Wealth Portfolios (MWP) advisory platform won the Money Management Institute/Barron’s 2022 Industry Award for Wealth Management Platform of the Year. The award honors wealth management firms ...

Louisiana FCU raises $8,200 for cancer research

KENNER, LA (November 3, 2022) — Louisiana Federal Credit Union (FCU) raised a total of $8,200 in less than two hours at its annual Sweet Soiree fundraising auction for the American Cancer Society (ACS) on October 20. “Helping people is the foundation of what ...

Louisiana FCU ‘Roux Reunion’ builds unity, feeds the needy

KENNER, LA (November 3, 2022) — Louisiana Federal Credit Union (FCU) kicked off the season of giving at its Roux Reunion event, where staff enjoyed a day of team-building and social responsibility to benefit Matthew 25:35 Food Pantry. The Roux Reunion consisted of thrilling ...

MSGCU awards more than $45,000 to local teachers

CLINTON TOWNSHIP, MI (November 2, 2022) — Michigan Schools and Government Credit Union (MSGCU) is proud to announce its 2022 Classroom Cash Grants recipients. MSGCU is awarding more than $45,000 to 63 educators from 49 schools across the Metro Detroit area. The grants are ...

Nusenda Credit Union announces new Co-op Capital partners

ALBUQUERQUE, NM (November 2, 2022) — Nusenda recently announced four new community lending partners in its Co-op Capital microloan program: Southwest Native Assets Coalition, Cruces Creatives, The Climate Change Leadership Institute, and WESST. Nusenda’s Co-op Capital program is a character and relationship-based program that ...

Curql Collective steps up investment in AI underwriting

DES MOINES, IA (November 2, 2022) — Curql Collective, the Credit Union Service Organization (CUSO) driving fintech innovation for credit unions, had already recognized the limitless potential for Zest AI, a CUSO, and innovator in automated underwriting powered by artificial intelligence – so much so that ...

Alkami announces Keynote Lineup for Co:lab 2023

PLANO, TX (November 2, 2022) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced the keynote speakers for its annual conference, Alkami Co:lab 2023, being held in Grapevine, ...

Advance Financial Federal Credit Union achieves a huge milestone

EAST CHICAGO, IN (November 2, 2022) — Advance Financial Federal Credit Union (AFFCU) has achieved a milestone that few organizations of any kind can claim…succeeding for 85 years.  On October 27, 1937 the credit union was chartered by a small group of steel workers.  ...

ValleyStar Credit Union IT department wins Community of Trust Awards

MARTINSVILLE, VA (November 2, 2022) — The ValleyStar Credit Union information technology (IT) department won two Community of Trust Awards for "Most Efficient Onboarding" and “Time-to-Value” at the DefenseStorm Client Appreciation Events last week. DefenseStorm is the ValleyStar security data platform that assists in protecting ...

Ceres to host discussion on climate risks in the derivatives market

NEW YORK, NY (November 2, 2022) — Ceres will host a live virtual discussion on the first-of-its-kind report, Derivatives and Bank Climate Risk, which analyzes the largely unexplored climate risks and opportunities in the derivatives market. In this webinar, Ceres experts will make the case ...

Embedded fintech expected to be a top trend for 2023

PROVO, UT (November 2, 2022) — ASA, an embedded fintech solution that connects financial institutions with customer-facing fintechs in a secure, compliant and easy to implement marketplace, today shared trends expected to most significantly impact the financial services landscape next year. The rise in embedded ...

All In Credit Union shines a spotlight on fraud

DALEVILLE, AL (November 2, 2022) — All In Credit Union works diligently to protect member data using sophisticated technology and highly trained personnel.  These efforts are necessary because fraud costs organizations throughout the world an estimated five percent of their annual revenues according to a ...

Children to receive new beds built by Texas Trust Employees

ARLINGTON, TX (November 2, 2022) — More than 340 Employees of Texas Trust Credit Union spent a day building beds for the Fort Worth chapter of Sleep in Heavenly Peace. To celebrate being able to hold its all-hands employee rally for the first time since ...

2022 WYCUP Scholarship offers recipients a choice of destination events

MADISON, WI (November 2, 2022) — For the first time in the history of the World Young Credit Union Professionals (WYCUP) Scholarship program, recipients can choose between two, all-expense paid education and networking events held on different continents. WYCUP Scholarships will be awarded to credit ...