Press

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Cinchy announces $14.5 million Series B funding led by Forgepoint

LAS VEGAS, NV (October 28, 2022) — Cinchy, the pioneer of dataware technology and leader of data liberation, today announced a $14.5 million USD Series B financing round led by Forgepoint Capital. Forgepoint Managing Director Leo Casusol will join Cinchy’s Board of Directors, ...

FORUM Credit Union announces 2022/2023 Educator Grant recipients

INDIANAPOLIS, IN (October 28, 2022) — FORUM Credit Union is pleased to announce that the FORUM Foundation has awarded $24,981 to 14 educators throughout central Indiana for the 2022-2023 school year. The Foundation was created in 2014 to strengthen the communities FORUM serves by ...

Member Benefit Day celebrated at First Capital Federal Credit Union!

YORK, PA (October 28, 2022) — On Thursday, October 20, 2022, First Capital celebrated International Credit Union Day Celebration with a special Member Benefit Day at our branches. Our members were treated to a free lunch, giveaways, and drawings to win prizes! In addition, First ...

Ball State Financial opens next generation banking center

MUNCIE, INDIANA (October 28, 2022) — Ball State Financial celebrated the ribbon cutting of its Oakwood Avenue location, welcoming members and the community to their remodeled banking center. During the ceremony on Wednesday, attendees heard from Dan Ridenour, Mayor of Muncie, Geoffrey Mearns, President of ...

Establishing culture and employee retention in a changing workforce

SACRAMENTO, CA (October 28, 2022) — By: Heather Andrade-Neumann, Senior Vice President, Chief Human Resources Officer, Golden 1 Credit Union “More than a third of Americans changed jobs since the start of the pandemic.”1 Workers had the opportunity to reevaluate their jobs and decide ...

UK Federal Credit Union announces new branch opening on S. Broadway

LEXINGTON, KY (October 28, 2022) — On October 25th, 2022, The University of Kentucky Federal Credit Union (UKFCU) held a ribbon-cutting ceremony to celebrate the opening of the newest branch location. Centrally located to downtown Lexington, the new branch sits on the corner of S. ...

A look at Michigan’s first CU Kind Day: $150K raised

LANSING, MI (October 28, 2022) — On Oct. 10, credit unions across Michigan took part in CU Kind Day, an annual tradition showcasing the credit union difference through donations and volunteering. Giving back to members, communities and beyond is part of what makes credit unions ...

Unitus Community Credit Union announces new facility in Woodburn

PORTLAND, OR (October 28, 2022) — Unitus Community Credit Union is announcing the second phase of its Distributed Administrative Network with plans to build a new branch and administrative center in Woodburn, Oregon. The credit union’s Distributed Administrative Network establishes multiple locations for employees ...

Ncontracts names Michelle Amato as Chief Sales Officer

BRENTWOOD, TN (October 27, 2022) — Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, today announced that Michelle Amato has joined the company as Chief Sales Officer. As the company experiences ongoing demand for its suite of products, ...

CUNA Economics: GDP, Economic growth unlikely to continue

WASHINGTON, DC (October 27, 2022) — Credit Union National Association (CUNA) Chief Economist Mike Schenk, issued the following statement after the U.S. Commerce Department released its third-quarter gross domestic product (GDP) report: “U.S. economic growth bounced back from two consecutive quarters of decline ...

Resource One employees attend Climb Africa

DALLAS, TX (October 27, 2022) — The Climb Africa initiative is a multifaceted philanthropic effort created by the African Confederation of Co-operative Savings and Credit Association (ACCOSCA) and the Africa Cooperative Development Foundation to support the African Savings and Credit Co-Operative Society (SACCO). Credit union ...

CFPB kicks off Personal Financial Data Rights Rulemaking

WASHINGTON, D.C. (October 27, 2022) — Today, the Consumer Financial Protection Bureau (CFPB) outlined options to strengthen consumers’ access to, and control over, their financial data as a first step before issuing a proposed data rights rule that would implement section 1033 of the ...

Towpath Credit Union merges with Goodyear Employees Credit Union

AKRON, OH (October 27, 2022) — In August 2022, the Goodyear Employee CU Board of Directors voted to approve the merger of GECU with Towpath Credit Union. Towpath CU has proudly served Summit County communities since 1936 to promote financial wellness through our not-for-profit model. ...

Pen Air welcomes new Chief Lending Officer

PENSACOLA, FLA (October 27, 2022) — Pen Air Credit Union (Pen Air) announces the addition of Christopher Funk, Senior Vice President, Chief Lending Officer. Funk is an experienced executive with over 20 years of industry knowledge focused in commercial and indirect lending. He joins Pen ...

Pocketnest partners with Community Financial Credit Union

DETROIT, MI (October 27, 2022) — Pocketnest, the female-founded financial wellness platform, today announces its newest financial institution partner, Community Financial Credit Union (CFCU) of Michigan. "Community Financial's purpose is to create joy and ignite Michinganders' impossible dreams. Pocketnest aims to elevate our communities' financial ...