Press

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Health Advantage Credit Union announces 2024 Student Scholarship recipients

SAGINAW, MI (May 8, 2024) — Health Advantage Credit Union is pleased to announce the recipients of the 2024 Health Advantage Student  Scholarships. Following a comprehensive evaluation process, the Student Scholarship Committee has  chosen seven exceptional individuals from a competitive pool. These individuals not only ...

Advance Financial awards scholarship to Hanover Central High School student

SCHERERVILLE, IN (May 8, 2024) — Advance Financial Federal Credit Union (AFFCU) is proud to announce Madison Paige Paulauski as the recipient of its 2024 Scholarship Program.  AFFCU awards this annual $2,000 college scholarship to a graduating high school senior who exemplifies academic excellence ...

Homefield Credit Union to host educational forum on scam prevention

GRAFTON, MA (May 7, 2024) — Responding to the ever-growing trend of financial scams and fraud now estimated by the Federal Trade Commission at more than $10 billion in 2023, Homefield Credit Union will host an educational forum to provide safety information and guidance on ...

PSCU/Co-op Solutions enters its next era as Velera

ST. PETERSBURG, FL (May 7, 2024) — PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced its rebranding as Velera. The new name represents the CUSO’s unique ability to drive velocity ...

Westerra is proud partner of the Colorado Rockies

DENVER, CO (May 7, 2024) — As a way to say “thank you” for all that teachers do every day, Westerra Credit Union is partnering with the Colorado Rockies for their 2024 baseball season and offering special recognition during Teacher Appreciation Week May 7-12. One ...

Illinois Credit Union League launches Association Health Plan

NAPERVILLE, IL (May 7, 2024) — The Illinois Credit Union League (ICUL), in partnership with Stumm Insurance, a leading provider of employee benefits, is pleased to announce the launch of the Illinois Credit Union League Association Health Plan (AHP). This innovative plan offers small credit ...

Royal Credit Union members re-elect two Board of Directors

EAU CLAIRE, WI (May 7, 2024) — Royal Credit Union (Royal) held its 60th Annual Meeting on Tuesday, April 30, at Royal’s Corporate Center. Two board members were re-elected to three-year terms— Bill Blackburn and John Sackett. Blackburn was elected to Royal Credit Union’...

Sooper Credit Union unveils new name

ARVADA, CO (May 7, 2024) — Sooper Credit Union is proud to announce it will change its name to Climb Credit Union, effective May 28, 2024. Founded in 1951 by a group of King Soopers employees, the credit union now accepts membership from most Colorado ...

TBA Credit Union awards four scholarships to local students

TRAVERSE CITY, MI (May 7, 2024) — Committed to fostering education and community service, TBA Credit Union (TBACU) recently awarded four Invested In Scholarships to local students. The TBA Credit Union Invested In Scholarship was launched in 2019 to help fund continued education for students ...

STCU adds two VP-Directors as part of realignment

SPOKANE, WA (May 7, 2024) — As part of an organizational adjustment designed to position STCU to best serve members during continued growth, Nate Wehunt joins the credit union as its first VP-Director of Digital and Consumer Products. Josh Hurley has been promoted to Assistant ...

State of Louisiana entrusts $5M CD to LaCorp

BATON ROUGE, LA (May 7, 2024) — When the Louisiana Department of Treasury auctioned off $60 million in CDs this month, LaCorp was the only credit union to earn these funds. LaCorp was one of 17 financial institutions that received deposits from the state.  Using ...

Texas Trust backpack campaign wins two Pinnacle Awards

ARLINGTON, TX (May 7, 2024) — The Cornerstone Marketing and Business Development Council was impressed enough with the Texas Trust Credit Union Backpack giveaway campaign that it recognized the initiative with two Pinnacle awards. The campaign, created to help parents offset the cost of back-to-school ...

NCUA Q4 2023 Data: Slowed growth during consumer challenges

LANSING, MI (May 7, 2024) — According to the National Credit Union Administration (NCUA)’s year-end 2023 data, despite generally favorable economic developments, national credit unions faced notable challenges during 2023. NCUA’s Q4 call report reflects slower membership gains and loan growth, while liquidity ...

Cotribute named finalist in 2024 Banking Tech Awards USA

ANAHEIM, CA (May 7, 2024) — Cotribute, an award-winning embeddable fintech platform helping community financial institutions grow deposits, loans and memberships, today announced it has been named a 2024 Banking Tech Awards USA finalist in the “Best Embedded Finance Solution” and “Best Community Bank/Credit ...

Hawaii State FCU donates $10,000 to Hawaii HomeOwnership Center

HONOLULU, HI (May 7, 2024) — Hawaii State Federal Credit Union (Hawaii State FCU), in partnership with the Federal Home Loan Bank (FHLB) Member Impact Fund, presented a donation of $10,000 to the Hawaii HomeOwnership Center to support its mission to provide education and ...