Press

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Porter FCU members overwhelmingly approve merger with Columbine FCU

CENTENNIAL, CO (October 31, 2023) — Columbine Federal Credit Union is proud to announce that on Friday, October 20th, 2023, the members of Porter Federal Credit Union overwhelmingly voted in favor of a merger with Columbine Federal Credit Union. With over 87% of the votes ...

Global Credit Union membership surpasses 400 million

MADISON, WI (October 31, 2023) — World Council of Credit Unions’ (WOCCU) 2022 Statistical Report shows the global credit union movement soared past another milestone last year as worldwide membership topped 400 million. As of December 31, 2022, there were 403,976,049 credit union ...

Quantalytix unveils enterprise data management platform

BIRMINGHAM, ALA (October 31, 2023) — Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for financial institutions, announced today the release of its Enterprise Data Management (EDM) platform, a groundbreaking update to their flagship Enterprise Bank Management (EBM) application. The new EDM platform ...

Achieva Credit Union purchases Cannella Insurance Services

DUNEDIN, FL (October 31, 2023) — Achieva Credit Union announces that they recently acquired Cannella Insurance Services and will continue to operate under the same management and team under the new name, Achieva Insurance Agency, LLC. Cannella Insurance Services was founded in 2003 by Joseph ...

Texas Trust’s Toni Nichols named a 2023 Credit Union Rock Star

ARLINGTON, TX (October 31, 2023) — Toni Nichols, Public Relations Director of Texas Trust Credit Union, was named a Credit Union Rock Star by the editorial team of Credit Union Magazine. She is one of 25 credit union professionals selected nationwide.  The Credit Union Rock ...

Panhandle Credit Union partners with MDT to strengthen member service

FARMINGTON HILLS, MI (October 31, 2023) — 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 that Panhandle Credit Union is partnering with them ...

Universal 1 Credit Union expands reach to seven counties

DAYTON, OHIO (October 31, 2023) — Universal 1 Credit Union (U1) is excited to announce a significant expansion in membership throughout seven additional counties. U1 has been serving several counties and cities around the Miami Valley and as of October 23, 2023, residents of Clinton, ...

Extensia Financial rebrands to AVANA CUSO

GLENDALE, AZ (October 31, 2023) —  AVANA Companies (AVANA), a comprehensive lending and asset management ecosystem, announces AVANA CUSO, a Credit Union Service Organization (CUSO) designed to meet the evolving needs of credit unions. AVANA CUSO is a premier provider of a wide range of ...

Unitus Community Credit Union announces retirement and key leadership promotion

PORTLAND, OR (October 31, 2023) — Unitus Community Credit Union is  celebrating a much-deserved  retirement and promotion from  within the organization. After 16  years of exemplary service, Gayle  Evans, SVP/Chief Human Resources  Officer (CHRO), is retiring. Unitus is  promoting VP of People and  Culture, ...

AACUL announces new Executive Board

WASHINGTON, DC (October 30, 2023) — The American Association of Credit Union Leagues (AACUL) elected its next Executive  Board. League Presidents reelected four incumbents plus one new League President to govern the  association.   The new board includes:    John Bratsakis, president/CEO of the MD|DC ...

DCCU donates $20K to the Blue Ridge Area Food Bank

WAYNESBORO, VA (October 30, 2023) — DuPont Community Credit Union (DCCU) held a special credit card campaign – Shop & Give – that benefited its members and the community. During the months of July and August, DCCU credit card holders received additional rewards points or cash back ...

Michigan Credit Union leaders voted to FHLBI Board of Directors

LANSING, MI (October 30, 2023) — The Michigan Credit Union League (MCUL) is pleased to announce that two Michigan credit union community members were elected to the Board of Directors of the Federal Home Loan Bank of Indianapolis (FHLBI) last week. The FHLBank System was ...

Brett Martinez named 2023 California Advocate of the Year

SANTA ROSA, CA (October 30, 2023) — Brett Martinez, president and CEO of Redwood Credit Union, has been named 2023 California Advocate of the Year by the California and Nevada Credit Union Leagues (CCUL). The designation recognizes the contributions Martinez and Redwood Credit Union have ...

AKUVO plans Collections Community Conference

MALVERN, PA (October 30, 2023) — AKUVO, a technology organization specializing in collections and credit risk, will host its first AKUVO Community Conference Sept. 10-12, 2024, in Dallas, Texas.  The event will feature both general and breakout sessions that educate attendees while also fostering connections ...

BECU appoints Raquel Karls as Chief People Officer

SEATTLE, WA (October 30, 2023) — BECU, the country’s fourth-largest credit union, today announced it has welcomed Raquel Karls as executive vice president and chief people officer. In her new role, Karls is responsible for leading teams focused on talent, human resources and equity ...

Lake Trust Credit Union welcomes David Morgan as new Chief Lending Officer

BRIGHTON, MI (October 30, 2023) — Lake Trust Credit Union (Lake Trust), a community-based credit union serving nearly 200,000 members and businesses throughout Michigan, announced today David Morgan has joined its leadership team as chief lending officer. “David Morgan is a progressive, strategic leader ...