Press

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Spero Financial named a Top Credit Union to Work for in the Nation

GREENVILLE, SC (August 28, 2023) — Spero Financial, a South Carolina-based credit union since 1935, has been named the #9 Best Credit Union to Work for in the Nation by American Banker. Spero Financial also received this award in 2022 and was recently named a ...

LAFCU assembled care packages for veterans & first responders

LOS ANGELES, CA (August 28, 2023) — On 8/12/23, 26 Los Angeles Federal Credit Union (LAFCU) employees & their guests, along with over 300 other volunteers, assembled 5,000 “Care Packages” for deployed troops, military families, veterans and first responders for the Operation ...

Hiway Credit Union wins two association awards

ST. PAUL, MN (August 25, 2023) — Hiway Credit Union has been honored with the 2023 Dora Maxwell Social Responsibility Community Service Award and the 2023 Desjardins Youth Financial Education Award. These awards are sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit ...

Save the date for Inclusiv Conference 50 from May 7-9, 2024!

Sustainability in Action: Credit Unions Building an Inclusive, Equitable & Green Future will bring together movement leaders, policymakers and researchers to advance our collective work to build a vibrant Community Development Credit Union movement focused on financial inclusion, racial equity and climate justice. Join us ...

Sarah Schaekel named new Edina Branch Manager II at Royal Credit Union

EAU CLAIRE, WI (August 25, 2023) — Royal Credit Union (Royal) announces Sarah Schaekel as Branch Manager II in Edina, Minnesota. Schaekel’s responsibilities include meeting with Members to help them reach financial goals, hiring and training high impact talent that represent Royal’s core ...

Hein named CEO of the Year by national credit union organization

CORVALLIS, OR (August 25, 2023) — Richard Hein, CEO of Oregon State Credit Union, has been chosen as CEO of the Year by the National Association of Federally-Insured Credit Unions (NAFCU). Hein and other winners of NAFCU’s 2023 Annual Awards Competition will be honored ...

Raiz FCU celebrates $1 billion in total assets

EL PASO, TX (August 25, 2023) — Raiz Federal Credit Union proves 2023 to be a successful year by surpassing over $1 billion in total assets. Reaching this significant milestone follows their highly anticipated system upgrade that took place in July, and places Raiz as ...

MSUFCU to hold expansion event for new Chicago branches

EAST LANSING, MI (August 25, 2023) — MSUFCU to Hold Expansion Event for New Chicago Branches CHICAGO — MSU Federal Credit Union (MSUFCU) will be celebrating its expansion into Chicago with an event Tuesday, Aug. 29, 2023. WHAT: Chicago Expansion Event   WHO: Ami Iceman Haueter, Chief ...

Merrimack Valley Credit Union creates fund for Hawaii relief

LAWRENCE, MA (August 25, 2023) — In response to the news of devastating fires that have taken over one hundred lives and impacted thousands of others in Maui, Hawaii, Merrimack Valley Credit Union (MVCU) has established the Hawaii Disaster Relief Fund through its GoodWorks Foundation ...

Firemen’s Federal’s Copeland named 2023 NAFCU Professional of the Year

NEW ORLEANS, LA (August 24, 2023) — New Orleans, LA (August 22, 2023) – Kym Copeland, Senior Development Officer of New Orleans Firemen’s Federal Credit Union, was chosen as Professional of the Year by the National Association of Federally-Insured Credit Unions (NAFCU). Copeland and other ...

Financial resources to help your members

ALEXANDRIA, VA (August 24, 2023) — The National Credit Union Administration has released new resources that credit unions can use in their financial education programs for online training and in-person workshops, as well as social media engagement. These resources can also be printed and made ...

9 Minnesota credit unions win awards, advance to national competitions

ST. PAUL, MN (August 24, 2023) — The Minnesota Credit Union Network (MnCUN) is pleased to announce the state-level winners of the 2023 Dora Maxwell, Louise Herring and Desjardins award competitions. These awards are sponsored each year by MnCUN and the Credit Union National Association (...

$30M HopeSouth Credit Union makes its first mortgage loan

GREENVILLE, SC (August 24, 2023) — HopeSouth Credit Union CEO Faye Crocker points out that her credit union’s service area in Abbeville County, SC, has some relatively inexpensive homes for sale. The problem often is the residents still need help to be able to ...

Regulatory penalties for global financial institutions drop by 88% in H1 2023

DUBLIN, IRELAND (August 24, 2023) — Fenergo, the leading provider of digital solutions for client lifecycle management (CLM), today released its half-year annual findings on global financial institution enforcement actions, revealing a sharp 88% decline in monetary penalties collected in H1 2023 compared to H1 ...

Georgia United Foundation launches 12th annual food bank donation drive

DULUTH, GA (August 24, 2023) — Today Georgia United Foundation, the charitable giving arm of Georgia United Credit Union, kicks off its twelfth Can Hunger program, the organization’s annual donation drive benefiting local food banks. Since its inception, Can Hunger has gathered more than ...

MDT named Tech CUSO of the Year

FARMINGTON HILLS, MI (August 24, 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, has been recognized as a Finopotamus Tech CUSO of the ...

Vizo Financial pledges $1 million to CU Empowerment Grants program

GREENSBORO, NC (August 24, 2023) —  In a nod to the credit union movement’s sixth cooperative principle of concern for community, Vizo Financial will be reserving $1 million to  provide financial empowerment grants for credit unions. The Vizo Financial Empowerment  Grants Program will begin ...

One Detroit Credit Union appoints Portia Powell as Chief Experience Officer

DETROIT, MICH (August 24, 2023) — One Detroit Credit Union, a leading credit union focused on providing premier development services to all Detroiters, today announced the appointment of award-winning career banker Portia Powell as its new chief experience officer. Effective June 1, Powell brings more ...