Press

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ALM First assists with over half of industry securitizations

DALLAS, TX (January 18, 2024) — ALM First, a strategic partner for depositories offering commission-free, fee-based advice, has now assisted in more than half of all public industry securitizations, playing a role in seven of the 11 such transactions to date. In Q4 2023, ALM ...

FORUM Credit Union opens new Greenfield Branch location

INDIANAPOLIS, IN (January 18, 2024) — FORUM Credit Union is pleased to announce the opening of its newest  location, the Greenfield Branch. The new office is located at 1234 N State Street in Greenfield.  This branch features a full-service lobby equipped with innovative teller pod ...

PenAir breaks ground in Crestview

PENSACOLA, FLA (January 18, 2024) — PenAir Credit Union proudly hosted a groundbreaking ceremony on Wednesday, January 17, for its upcoming Crestview location. Approximately 20 individuals attended the brief outdoor ceremony, including Robert Jacobson, PenAir Credit Union Chairman of the Board; Lee Morgan, PenAir Credit ...

Board approves annual performance plan; Briefed on DEIA strategic plan

ALEXANDRIA, VA (January 18, 2024) — The National Credit Union Administration Board held its first open meeting of 2024 and unanimously approved the agency’s 2024 Annual Performance Plan and received a briefing on the Diversity, Equity, Inclusion, and Accessibility Strategic Plan, 2024–2026. This ...

AKUVO kicks off the new year with 21 new customers

MALVERN, PA (January 18, 2024) — AKUVO, a technology organization that specializes in collections and credit risk, is pleased to announce that 21 new financial institutions have signed on to use its delinquency management platform. In total, these credit unions serve 3.3 million members ...

Hawaii Central Federal Credit Union welcomes a McKinley High School intern

HONOLULU, HI (January 18, 2024) — Hawaii Central Federal Credit Union (FCU) ended the year by welcoming an intern, McKinley High School Senior Kainalu Ishikawa. As a part of a research paper for his Career and Technical Education Honors coursework at McKinley, Kainalu started interning ...

VyStar Credit Union opens fourth branch in Seminole County

JACKSONVILLE, FL (January 18, 2024) — VyStar Credit Union is proud to announce its Altamonte Springs location is now open at 151 N. SR 434 in Altamonte Springs, Florida. This is VyStar’s 75th full-service branch and joins branches in Sanford, Oviedo, and Lake Mary ...

MCUL launches new look for website

LANSING, MI (January 18, 2024) — To bring in 2024, the Michigan Credit Union League (MCUL) has unveiled a fresh face for its website, MCUL.org. The redesign includes a new layout with an updated navigation system, built to enhance the user experience. “We’re ...

Elevating industry standards

SOUTHINGTON, CT (January 18, 2024) — Disaster Recovery (DR) tests are critical in the banking and fintech industries, as they ensure continuity and reliability of services in the face of potential disruptions. These tests simulate various disaster scenarios to evaluate the effectiveness of backup systems ...

Jeanne D’Arc Credit Union announces team promotions

LOWELL, MA (January 18, 2024) — Mark S. Cochran, President and Chief Executive Officer at Jeanne D’Arc Credit Union, is pleased to announce the following staff promotions. Grant Alois has been promoted to Senior Vice President, Chief Information Officer (CIO). Grant joined the Credit ...

Free Consumer Solar Lending training course

NEW YORK, NY (January 18, 2024) — The Inclusiv Center for Resiliency and Clean Energy and the Center for Impact Finance at the University of New Hampshire’s Carsey School of Public Policy offer a virtual Consumer Solar Lending Professional Training and Certificate program for ...

Humanidei announces free webinar to cultivate a culture of inclusivity

GREENVILLE, SC (January 18, 2024) — Humanidei is thrilled to announce a free webinar designed to transform the culture and connection within credit unions. The virtual event titled, “Fostering a Culture of Inclusivity: People Helping People Starts in the Office” is scheduled for Wednesday, January ...

Brightwell collaborates with Visa to enable payouts to bank accounts and wallets

ATLANTA, GA (January 17, 2024) — Global payments technology company Brightwell announces its most recent collaboration with Visa, a world leader in digital payments. Brightwell, a leading provider for cross-border global payments enablement, has implemented Visa Direct to enable payouts to eligible bank accounts and ...

New subsidiary, ALM First Executive Benefits, launches

DALLAS, TX (January 17, 2024) — ALM First, a strategic partner for depositories offering commission-free, fee-based advice as a fiduciary, officially launched a new subsidiary this month, ALM First Executive Benefits, LLC. The expansion of services to include unbiased plan design, consulting, plan audits, and ...

Advisory on liquidity risk management

ALEXANDRIA, VA (January 17, 2024) — Over the last year, the credit union system’s performance has been stable and resilient overall. The NCUA, however, continues to see growing liquidity stresses within the system. For those credit unions experiencing lower share growth, high loan growth, ...