Press

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Leading financial technology startups headed to Kansas for NXTSTAGE culmination

WICHITA, KAN (September 7, 2023) — Along with Premiere Sponsors Emprise Bank, INTRUST Bank and Kansas Bankers Association, as well as the Ewing Marion Kauffman Foundation, NXTUS today announced eight finalists for the NXTSTAGE Financial Technology Pilot Competition and its 2023 Innovation Showcase event. The ...

Register now for NCUA’s consumer compliance webinar on Sept. 27

ALEXANDRIA, VA (September 7, 2023) — Credit unions can get valuable information on a range of consumer compliance and fair lending topics during an upcoming webinar hosted by the National Credit Union Administration on Wednesday, September 27, at 2 p.m. Eastern. Staff from the ...

TRGroup presents second annual Women’s Leadership Conference

HARAHAN, LA (September 7, 2023) — The Raiffeisen Group (TRGroup) is proud to announce the second annual Women's Conference, a two-day event designed to empower, inspire, and connect professionals in the credit union movement. The conference will take place on October 16th and 17th in ...

Minnco school supply drive an overwhelming success

ANDOVER, MN (September 7, 2023) — The third annual School Supply Drive, co-sponsored by Minnco Credit Union and the Minnco  Foundation, was an overwhelming success, with thousands of school items donated and distributed to 26 area schools. In addition, Minnco employees went shopping for additional ...

CFPB report highlights role of big tech firms in mobile payments

WASHINGTON, D.C. (September 7, 2023) — The Consumer Financial Protection Bureau (CFPB) published a new issue spotlight highlighting the impacts of Big Tech companies’ policies and practices that govern tap-to-pay on mobile devices like smartphones and watches. Apple currently forbids banks and payment apps ...

CUNA Strategic Services allies with Sharetec to accelerate credit union technology

MADISON, WI (September 7, 2023) —  CUNA Strategic Services has announced its selection for  its newest core processing partner, Sharetec, a cutting-edge leader in credit union technology.  This collaboration aspires to provide more credit unions access to a powerful web-based core  and advanced functionality, thereby ...

United Heritage Credit Union donates thousands of school supplies

AUSTIN, TX (September 7, 2023) — Recently, the United Heritage Credit Union provided school supplies and backpacks to two charitable organizations that work in the community to support families and children in the Central and East Texas areas. The deliveries marked the success of the ...

LSCU and SECUF deliver power, supplies to Idalia-ravaged communities

TALLAHASSEE, FL (September 6, 2023) — The League of Southeastern Credit Unions & Affiliates (LSCU) and the Southeastern Credit Union Foundation (SECUF) put its resources and teams to good use in the past week since Hurricane Idalia crashed through Florida’s Big Bend Region and ...

Naveo Credit Union selects Upstart for personal lending

SAN MATEO, CA (September 6, 2023) — Naveo Credit Union, a full service, not-for-profit credit union in Massachusetts, today announced its partnership with Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, to provide personal loans to more people. “Naveo Credit Union’s mission ...

First Harvest Credit Union welcomes new leadership

DEPTFORD, NJ (September 6, 2023) — First Harvest Credit Union (“First Harvest”), New Jersey’s second-largest credit union by membership, has welcomed three new members to its leadership team.  With more than $450 million in assets, serving 700 Sponsored Employee Groups and 44,000 members, ...

OCCU promotes two executives

EUGENE, OR (September 6, 2023) — OCCU announces the promotion of two company leaders to senior vice president roles. Ethan Nelson has been promoted to Senior Vice President of Credit Administration. He will oversee OCCU’s credit policy and administrative functions, including underwriting, credit services, ...

Credit union CEO retires after 45 years

HOUSTON, TX (September 6, 2023) — CEO Brian Gilbert announced he is retiring from Members Trust Federal Credit Union on September 30th, 2023, after serving the credit union for 45 years and the last 13 years as CEO. Brian was first hired in April 1978 ...

Knoxville TVA Employees Credit Union announces new CEO & President

KNOXVILLE, TN (September 6, 2023) — The Board of Directors of Knoxville TVA Employees Credit Union (KTVAECU) announced Lynn Summers  has been named President and Chief Executive Officer, effective August 3, 2023. Lynn Summers replaced  Glenn W. Siler, who retired April 30, 2023, after 49 ...

Kinective announces its inaugural “Innovator of the Year Awards” winners

GILBERT, ARIZONA (September 6, 2023) — Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, today announced its inaugural Innovator of the Year Award winners, recognizing six financial institutions who are setting the bar high in the industry, and paving ...

RRCU adds record nine underserved areas with help from CUCollaborate

WASHINGTON, D.C. (September 6, 2023) — On May 31, 2023, the NCUA approved Red River Employees Federal Credit Union’s (RRCU) conversion from a community to a multiple common bond charter, allowing for the addition of an unprecedented nine underserved areas to its field ...

Finastra accelerates its loan document strategy with LaserPro in the cloud

LAKE MARY, FLORIDA (September 6, 2023) — Finastra today announced that LaserPro, its loan document preparation system used by more than 2,500 financial institutions, is now available in the cloud. This strategic launch of LaserPro in the cloud streamlines loan document compliance management capabilities ...