Press

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Credit union assets, lending, and delinquencies rise in 2nd quarter

ALEXANDRIA, VA (September 8, 2023) — According to the latest financial performance data released today by the National Credit Union Administration, total assets in federally insured credit unions increased $82 billion, or 3.8 percent, over the year ending in the second quarter of 2023, ...

FORUM announces promotion

INDIANAPOLIS, IN (September 8, 2023) —  FORUM Credit Union announces the promotion of Jim Catanzarite as Assistant  Vice President, Accounting. In this role, Jim oversees various projects, aids in yearly audits and regulatory visits, and is  responsible for the leadership of the Accounting team.   Jim ...

Financial Center appoints Ryan Cook as New Chief Financial Officer

INDIANAPOLIS, IN (September 8, 2023) — Financial Center is pleased to announce the  appointment of Ryan Cook as the Credit Union’s new Chief Financial Officer. With more than 15 years of extensive experience in the financial  sector, Cook brings a deep understanding of accounting, ...

Foundation promotes Tobi Weingart to Chief Program Officer

MADISON, WI (September 7, 2023) — The National Credit Union Foundation (the Foundation) has announced the promotion of Tobi Weingart to Chief Program Officer. “Tobi has brought keen instructional design and strategy acumen to the Foundation to continuously improve our adult learning offerings,” said Gigi ...

Benecke announces retirement from Wildfire Credit Union

SAGINAW, MICHIGAN (September 7, 2023) — Longtime CEO of Wildfire Credit Union, Timothy Benecke announces plans to retire in the first half of 2024.  Benecke joined Wildfire 15 years ago as President and CEO, following positions as CEO of Financial Edge Credit Union and vice ...

Merrimack Valley Credit Union establishes flood disaster lending program

LAWRENCE, MASS (September 7, 2023) — In response to the severe weather that impacted several communities in the region, Merrimack Valley Credit Union (MVCU) is offering a limited-time personal loan program that will help homeowners make needed repairs for damage caused by the August floods. ...

Postponed: September 2023 Inclusiv Town Hall

Please note that the September webinar has been postponed to October 10, 2023 at 1:15pm ET. Inclusiv invites you to join us for a discussion on upcoming developments in the CDCU movement. More details on the agenda and speakers are coming soon so stay ...

Washington Commanders announce partnership with Northwest Federal Credit Union

LANDOVER, MD (September 7, 2023) — Today, the Washington Commanders announced a new multi-year partnership with Northwest Federal Credit Union (NWFCU), a full-service, member-owned financial institution ranking among the largest credit unions in Virginia. As part of the partnership, NWFCU will be the Official Credit ...

Align Credit Union awards $12,000 in scholarships to local students

LOWELL, MA (September 7, 2023) — Align Credit Union is proud to announce the winners of its 2023 scholarship program. This year, Align donated $12,000 in total scholarships to the following local students: Kathryn Baird from Lowell, MA (University of Massachusetts Amherst) Yulianna Crispin ...

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 ...