Press

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CCCU becomes an official IOLTA Platinum Partner in Nevada

LAS VEGAS, NV (June 12, 2024) — In an announcement made by the State Bar of Nevada, Clark County Credit  Union (CCCU) received Platinum Partner status for its interest earned on Lawyer Trust Accounts (IOLTA) account.  A Platinum Partner pays 2.0 percent or more ...

ACUMA seeks new volunteer board member to serve on its board of directors

MIDDLETON, WI (June 12, 2024) — The American Credit Union Mortgage Association (ACUMA) seeks a Volunteer Board Member. The new candidate will join the association’s governing Board of Directors, which  provides guidance to ACUMA on how best to serve its growing membership. The Volunteer ...

Capital Credit Union announces 2024 Elevate Communities recipients

GREEN BAY, WI (June 12, 2024) — Capital Credit Union is delighted to announce the recipients of its 2024 Elevate Communities Funding Program. This year, a total of $100,858 has been awarded to twelve fire and police departments across Northeast Wisconsin to provide additional ...

Kristen Mahlmann promoted to Chief Financial Officer at Redwood Credit Union

SAN FRANCISCO, CA (June 12, 2024) — Kristen Mahlmann has been promoted to chief financial officer for Redwood Credit Union. In her new role, Mahlmann will lead the company’s accounting and finance operations, employee relations, educational development, and employee engagement teams, and oversee strategy ...

USF Federal Credit Union launches BNPL, first in Florida

TAMPA, FL (June 12, 2024) — USF Federal Credit Union (USF FCU), headquartered in Tampa with over $1.1 billion in assets and serving over 70,000 members, announced that it has added Buy Now, Pay Later (BNPL) to its suite of online banking products ...

Three executive leaders at Greater Nevada Credit Union appointed new roles

RENO, NV (June 12, 2024) — Greater Nevada Credit Union (GNCU) announces three executive leaders were appointed to new positions, including Jen Treadway, who has been named chief people officer; Shaz Wiltowsky, who will now serve as vice president of people resources; and Christy White, ...

Clutch partners with Envisant to revolutionize consumer banking

NAPERVILLE, IL (June 12, 2024) — Envisant is excited to announce a new strategic partnership with Clutch, a leading fintech platform specializing in omni-channel consumer loan and deposit account opening solutions exclusively for credit unions, With Clutch's innovative platform, credit unions gain access to cutting-edge ...

Vistra collaborates with Fenergo to deliver frictionless onboarding for clients

Vistra, a leading provider of essential business services and Fenergo, a leader in digital solutions for ‘know your customer’ (KYC), transaction monitoring and client lifecycle management (CLM), today announce their collaboration to deliver frictionless global onboarding.   Serving over 200,000 companies and funds operating across ...

Ukraine’s credit unions: Two years later

MADISON, WI (June 12, 2024) — When many financial institutions retreat during times of crisis, credit unions worldwide keep their doors open—serving members and communities as financial first responders during times of greatest need. Project Storm Break, Worldwide Foundation for Credit Union’s (WFCU) ...

CFPB proposes to ban medical bills from credit reports

WASHINGTON, DC (June 11, 2024) — The Consumer Financial Protection Bureau (CFPB) today proposed a rule that would remove medical bills from most credit reports, increase privacy protections, help to increase credit scores and loan approvals, and prevent debt collectors from using the credit reporting ...

MDT partners with Persona, empowering credit unions to better fight fraud

FARMINGTON HILLS, MI (June 11, 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, today announced a strategic partnership with Persona, the leading unified ...

MSUFCU leaders recognized with 2024 MCUL Awards

EAST LANSING, MI (June 11, 2024) — Two members of the MSU Federal Credit Union (MSUFCU) leadership team were recognized over the weekend with individual awards from the Michigan Credit Union League & Affiliates. Ben Maxim, Chief Digital Strategy and Innovation Officer, received the 2024 ...