Press

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Champion Credit Union and Ecusta Credit Union announce merger

CANTON, NC (September 20, 2023) — In a move aimed at enhancing financial services and member experience, Champion  Credit Union, a leading financial institution serving the Western North Carolina community for over  91 years, is excited to announce that Ecusta Credit Union will formally merge ...

DCUC joins trade associations in letter to Senate: Credit Card Competition Act of 2023

WASHINGTON, DC (September 20, 2023) — Dear Majority Leader Schumer, Minority Leader McConnell, Speaker McCarthy, and Minority Leader  Jeffries:  The American Bankers Association, Association of Military Banks of America, Bank Policy Institute,  Consumer Bankers Association, Credit Union National Association, Defense Credit Union Council,  Electronic Payments ...

Esteemed credit union school announces key staff leadership changes

CLAREMONT, CA (September 20, 2023) — As Western CUNA Management School (WCMS) enters its seventh decade of preparing credit union leaders to meet the challenges of the credit union industry’s future, WCMS is announcing changes in its school administration team. The school is proud ...

Alkami named to IDC FinTech Rankings Top 100

PLANO, TX (September 20, 2023) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., announced that it was categorized as a 2023 IDC FinTech Rankings Top 100 solution provider. The elite list features ...

Bay/FLAG Credit Union announces name change

PANAMA CITY, FLORIDA (September 20, 2023) — The credit union’s Board of Directors and Executive Management team announced the change to their 12,800 members earlier this month. “Over the past couple of years, we’ve experienced a lot of enhancements and improvements.  All ...

New Raiz Business Services Center groundbreaking

EL PASO, TX (September 20, 2023) — Join us as we break ground for the construction of our new Business Services Center, located in the Central/East area of El Paso, near the El Paso International Airport. WHAT:            Raiz Business Services Center groundbreaking ceremony WHEN:            ...

Second Mortgage Market Insights Q3 2023 finds active capital markets

LAGUNA BEACH, CA (September 20, 2023) — Home Equity Lending News LLC (HELN), the exclusive source of breaking news and statistics about second-mortgage lending, has published its Second Mortgage Market Insights Q3 2023. The report, sponsored by Consolidated Analytics Inc., identifies growth areas, analyzes capital ...

Raeann Freund promoted to Director of Retail Branches at Kohler Credit Union

SHEBOYGAN, WI (September 20, 2023) — Kohler Credit Union is proud to announce the promotion of Raeann Freund as Director- Retail Branches. In her new role, Freund will manage branch operations across the credit union by driving consistent implementation of retail strategies, enhancing collaboration between ...

COCC named #1 Top Workplace in Connecticut

SOUTHINGTON, CT (September 19, 2023) — COCC has been named the #1 Top Workplace in Connecticut in the large company division. The Top Workplaces for 2023 were announced Wednesday, September 13, 2023 at a live, in-person event at the Hartford Marriott Downtown. The Top Workplace ...

Comply-YES! welcomes new staff members and credit unions in 2023

WARREN, MI (September 19, 2023) — Comply-YES!, a CUSO that provides compliance support and audit services to credit unions and Credit Union Service Organizations, announces two new staff members as the company expands services to more state and federally chartered credit unions. Jessica Thelen, Business ...

Community champions: Credit unions, CMN and social impact

LANSING, MI (September 19, 2023) — Michigan Credit Union League (MCUL) President/CEO Patty Corkery interviewed CU4Kids Board Chair John Bratsakis and Board Member Caroline Willard to discuss CU4Kids, Children’s Miracle Network (CMN) Hospitals and the credit union movement’s involvement with these organizations. ...

Registration open for the 2024 Governmental Affairs Conference

WASHINGTON, DC (September 19, 2023) — Registration is now open for the Governmental Affairs Conference (GAC). The annual conference will be held at the Walter E. Washington Convention Center in Washington, D.C., and online, March 3 – 7, 2024. “This event will be essential in ...

Valligent launches ValDESKTOP to streamline appraisals

Valligent, a Veros Software company, that provides innovative real estate valuation solutions, has announced the launch of ValDESKTOPSM for streamlined desktop appraisals. It utilizes Fannie Mae’s® Form 1004 Desktop or Freddie Mac’s® Form 70D for appraisals. It offers lenders convenience and cost savings ...

CFPB issues guidance on credit denials by lenders using artificial intelligence

WASHINGTON, D.C. (September 19, 2023) — Today, the Consumer Financial Protection Bureau (CFPB) issued guidance about certain legal requirements that lenders must adhere to when using artificial intelligence and other complex models. The guidance describes how lenders must use specific and accurate reasons when ...

Louisiana CU League launches new era of member service

HARAHAN, LA (September 19, 2023) — Juan Fernandez Ceballos, president/CEO of the Louisiana Credit Union League, has ushered in a new era of state-level leadership for its member credit unions.  “The league has been serving credit unions across Louisiana admirably, and we intend to ...