Press

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Point Breeze Credit Union donates $65,000 to five Maryland charities

HUNT VALLEY, MD (April 16, 2024) — Point Breeze Credit Union is proud to announce that it has donated a total of $65,000 to five Maryland-based charities ($13,000 each), as part of the organization’s annual charitable giving initiatives and ongoing commitment to ...

KlariVis adds Chief Agile Officer, Kim Janney

ROANOKE, VA (April 16, 2024) — KlariVis, a pioneer in optimizing banking data analytics, announced a new addition to its executive leadership team. Kim Janney will serve as the company’s new Chief Agile Officer, championing Agile across the organization and fostering the adoption of ...

Three CUSOs receive prestigious CUSO Award

NEWPORT BEACH, CA (April 16, 2024) — The CUSO model brings together a unique combination of leaders with a cooperative heart combined with business acumen that is unparalleled. We recognize these CUSOs annually at our conference to inspire others to continue to make certain our ...

MDT offers FedNow Service for credit union community

FARMINGTON HILLS, MI (April 16, 2024) — Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, is now supporting live transactions on the Federal Reserve's real-time ...

Travis Credit Union Foundation announces 2024 Financial Coaching Grant Recipients

VACAVILLE, CA (April 16, 2024) — Travis Credit Union Foundation announces today the recipients of its inaugural 2024 Financial Coaching Grants. This new program was designed to empower non-profit organizations to deliver financial coaching to their beneficiaries while also receiving unrestricted funding in support of ...

Nutmeg State FCU appoints new Director and 2Gen Committee Chairman

ROCKY HILL, CT (April 16, 2024) — In keeping with its mission to create multigenerational prosperity throughout its community, Nutmeg State Financial Credit Union has appointed Steven Hernández, Esq., to serve as a director on its Board of Directors and as its 2Gen Committee ...

CFPB updates supervision designation procedures

WASHINGTON, D.C. (April 16, 2024) — The Consumer Financial Protection Bureau (CFPB) issued a procedural rule to update how the agency designates a nonbank for supervision. The updates will streamline the designation proceedings for both the CFPB and nonbanks. The CFPB examines financial institutions, ...

Auto Financial Group announces Q1 2024 results

HOUSTON, TX (April 16, 2024) — Auto Financial Group (AFG), one of the nation's leading sources of residual based financing and vehicle remarketing for financial institutions, announced results for Q1 2024 today. In the first quarter of 2024, AFG signed three new credit unions to ...

Sisseton-Wahpeton and Centric Credit Unions are Top 25 Deep Impact Lenders

TACOMA, WA (April 16, 2024) — The Emergency Capital Investment Program (ECIP) Investing for Impact Report recognized Sisseton-Wahpeton Federal Credit Union and Centric Federal Credit Union as two of the top 25 ‘Deep Impact Lenders.’ According to Quarterly Supplemental Reports submitted to the U.S. ...

Excite Credit Union opens headquarters and new branch in South San Jose

SAN DIEGO, CA (April 16, 2024) — Excite Credit Union proudly announced the official ribbon-cutting for its newest branch on Bernal Road, San Jose, will take place April 26. The event will be attended by city officials, local businesses, nonprofits, and other partners. Notably, California ...

WOCCU launches new online networking series in April

MADISON, WI (April 15, 2024) — The World Council of Credit Unions’ (WOCCU) Webinars team is thrilled to launch the Global Credit Union Professionals Online Networking Series. The innovative platform, Meetaway, allows participants to identify shared discussion goals and influence the AI match-making software with ...

BHFCU staff-led giving program raises nearly $10,000 in Q1

RAPID CITY, SD (April 15, 2024) — Black Hills Federal Credit Union (BHFCU) is proud to empower its employees to make a difference in the communities they serve. This commitment is exemplified  by their longstanding support of the staff-led Community Action Team (CAT). In the ...