Press

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St. Lawrence Federal Credit Union signs renewal agreement with Synergent

WESTBROOK, ME (February 20, 2024) — Synergent® is pleased to announce St. Lawrence Federal Credit Union has signed a seven-year renewal agreement with Synergent for hosted Jack Henry™ Symitar® core processing, Opening Act™, and iPay Consumer Bill Pay. “Synergent is a true partner and we ...

Financial Center reimagines financial wellness with brand refresh

INDIANAPOLIS, IN (February 20, 2024) — Financial Center, a leading Indiana credit union, has launched their refreshed brand and an  ambitious new approach to financial wellness. After an internal rollout earlier in the week, the refreshed messaging and  creative is now live in the Credit ...

Pulsate raises $7.75M in series a funding backed by TruStage Ventures and Curql

DUBLIN, IRELAND (February 19, 2024) — In response to continued demand for better consumer engagement tools for the digital channel, Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, today announced it has raised $...

Raiz Federal Credit Union introduces Mammoth Rock Capital

EL PASO, TEXAS (February 19, 2024) — Financial well-being is a unique journey that depends on individual goals and needs. Starting with a checking and savings account is a great first step, but Raiz believes that everyone has the potential to achieve their dreams and ...

SDCCU’s Nathan Schmidt, named among 2024 Men of Influence

SAN DIEGO, CA (February 16, 2024) — San Diego County Credit Union® (SDCCU®), one of Southern California’s largest locally-owned financial institutions, is pleased to announce that Nathan Schmidt, SDCCU EVP, Chief Experience Officer and Digital Channels, was selected among the 2024 Men of Influence ...

CFPB issues revised supervisory appeals process

WASHINGTON, D.C. (February 16, 2024) — The Consumer Financial Protection Bureau (CFPB) issued a procedural rule updating the process by which financial institutions can appeal supervisory findings. The updated rule broadens the CFPB officials eligible to evaluate appeals, the options for resolving an appeal, ...

A Global Outlook: Credit Union Regulations in 2024

MADISON, WI (February 16, 2024) — Join World Council of Credit Union’s International Advocacy team for an overview of the most critical global regulatory developments coming in 2024. International standard setting bodies were active throughout 2023. They laid the groundwork for national-level regulators to ...

Dionne Yochim named Director of Mortgage Operations at Royal Credit Union

ARDEN HILLS, MINN (February 16, 2024) — Royal Credit Union (Royal) announces Dionne Yochim’s promotion to Director of Mortgage Operations. In this position, Yochim is responsible for planning, organizing, and directing the activities of the Mortgage Processing, Closing, Underwriting and Mortgage Technology departments to ...

MSUFCU and Sparrow Health System to hold joint news conference

EAST LANSING, MI (February 16, 2024) — MSU Federal Credit Union (MSUFCU) and Sparrow Health System are holding a news conference Tuesday, Feb. 20, to announce a new collaboration. WHAT: MSUFCU and Sparrow Announcement WHO: Remarks from: Andy Schor, Mayor of Lansing Margaret Dimond, Ph....

NCUA board approves updates to MDI Preservation Program

ALEXANDRIA, VA (February 15, 2024) — The National Credit Union Administration Board held its second open meeting of 2024 and adopted revisions to an interpretive ruling and policy statement (IRPS) 13-1, governing the Minority Depository Institution Preservation Program for credit unions. In addition, the Board ...

Tinker Federal Credit Union names new vice president, controller

OKLAHOMA CITY, OKLAHOMA (February 15, 2024) — Tinker Federal Credit Union (TFCU) recently named Daniel Williams as vice president and controller of accounting.  In his role, Williams will oversee regulatory compliance, annual audits, budget management, asset liability management decisions and facilitation of software changes, all ...

The Dakota Credit Union Association licenses the Try a Credit Union campaign

LANSING, MI (February 15, 2024) — For over 20 years, Michigan has produced a cooperative marketing campaign to help build awareness for credit unions throughout the state. In August 2022, the Michigan Credit Union League revamped messaging and launched the credit union awareness website, TryACreditUnion....

Frank promoted to AVP

SPOKANE VALLEY, WA (February 15, 2024) — Lizzie Frank has been promoted to assistant vice president of retail experience at Numerica Credit Union. Frank will support member relationships while leading the retail teams at seven of Numerica’s Spokane-area branches.     Frank previously served as Numerica’...

AVANA CUSO launches new credit union educational webinar series

GLENDALE, ARIZ (February 15, 2024) — AVANA CUSO, a credit union service organization that specializes in commercial real estate lending, is hosting its first virtual webinar exploring effective portfolio management and problem loan resolution. This webinar is an opportunity for credit union professionals to learn ...

The PSCU Payments Index: February 2024

ST. PETERSBURG, FL (February 15, 2024) — Today, PSCU – the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the February edition of the PSCU Payments Index, the goal of which is to provide information and insights to help financial institutions ...