Press

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Farwell introduces Catie McDonald and Credit Union Strategy Focus

MADISON, WI (July 31, 2023) — FarWell is pleased to announce that Catie McDonald (formerly Catie Shannon) has joined FarWell as a Senior Strategic Advisor. Catie has more than 15 years of experience in the credit union industry with a heavy focus on developing and ...

Capital Credit Union announces promotions

BISMARK, ND (July 31, 2023) — Capital Credit Union today announced the promotion of Chris Nelson to director of sales and consumer lending, Dustin Bitz to director of financial education and Carlynn Faris to director of member services. As director of sales and consumer lending, ...

Xtend partners with Magic-Wrighter to offer Loan Pay Xpress

GRAND RAPIDS, MI (July 31, 2023) — Xtend, Inc., a leading provider of contact center solutions, today announced a partnership with Magic-Wrighter, a provider of payment solutions software. Under the partnership, Xtend will use Magic-Wrighter’s Loan Pay Xpress tool to take payments over the ...

New President/CEO selected for First Alliance Credit Union

ROCHESTER, MN (July 31, 2023) — The Board of Directors of First Alliance Credit Union is pleased to announce the selection of Brent Rempe as the credit union’s next President/Chief Executive Officer. Mr. Rempe will succeed Mike Rosek who is retiring after serving ...

Consumers Credit Union adds financial advisor to assist more members

KALAMAZOO, MI (July 31, 2023) — Consumers Credit Union is excited to welcome financial advisor Cole Brandon to the team. As a CFS* financial advisor, Brandon will assist Consumers’ members in making wise investment decisions and plans in support of their financial goals. Brandon has ...

Yonkers Postal Employees Credit Union conserved

ALEXANDRIA, VA (July 31, 2023) — The New York State Department of Financial Services today placed Yonkers Postal Employees Credit Union in Yonkers, New York, into conservatorship and appointed the National Credit Union Administration as conservator. Member deposits at Yonkers Postal Employees Credit Union remain ...

Agencies update guidance on liquidity risks and contingency planning

ALEXANDRIA, VA (July 31, 2023) — Federal financial institution regulatory agencies today updated their existing guidance on liquidity risks and contingency planning. The updated guidance highlights that depository institutions should regularly evaluate and update their contingency funding plans. The updated guidance encourages depository institutions to ...

Endurance FCU breaks ground on corporate building

DUNCAN, OK (July 28, 2023) — Endurance Federal Credit Union held the ground breaking ceremony for their new corporate building on Tuesday, May 23, 2023 at 10 am. The ground breaking ceremony was held at 2009 N Hwy 81, in Duncan, OK. “We have been ...

5-Star Compass Community Credit Union – It’s where you belong

EUREKA, CA (July 28, 2023) — BauerFinancial, Inc., the Nation’s Premier Credit Union and Bank Rating Firm, proudly acknowledges that Compass Community Credit Union has earned its highest, 5-Star rating for 53 consecutive quarters. That’s quite a feat. Having maintained its financial strength ...

Kinecta Federal Credit Union opens new branch in Thousand Oaks

MANHATTAN BEACH, CA (July 27, 2023) — Kinecta Federal Credit Union opened its newest branch in Thousand Oaks, California. This new branch brings Kinecta's convenient and accessible financial services, lower loan rates, higher savings rates and wealth management resources to the Thousand Oaks community. "We ...

Increasing Credit Union awareness through giving on #ILoveMyCreditUnion day

NAPERVILLE, IL (July 27, 2023) — The Illinois Credit Union League (ICUL) announced today the selection of ten winning credit unions and three leagues in the Giving component of the July 28, 2023 #ILoveMyCreditUnion campaign. The #ILoveMyCreditUnion campaign brings the collaborative credit union movement together ...

BHFCU recognized as top workplace with two award wins

RAPID CITY, SD (July 27, 2023) — Black Hills Federal Credit Union (BHFCU) recently received two awards from the national employer recognition program Top Workplaces. BHFCU was recognized with a Culture of Excellence award in the category of Compensation & Benefits and an industry award ...

Merit-based scholarship provides $10,000 to pursue a pilot’s license

TYSONS, VA (July 27, 2023) — PenFed Credit Union, the nation's second-largest federal credit union, announced the creation of a $10,000 flight training scholarship administered by the EAA Aviation Foundation, Inc. The PenFed Credit Union Scholarship is a prestigious opportunity tailored to empower young ...

9 more credit unions choose Aperture

MALVERN, PA (July 27, 2023) — AKUVO, a technology organization specializing in collections and credit risk, recently signed 9 more credit unions to its Aperture platform. In total, these 9 credit unions serve nearly 1.2 million members and represent $22.5 billion in assets. ...

Telhio Credit Union officially opens Grandview location

COLUMBUS, OH (July 27, 2023) — Telhio Credit Union officially opened its newest location at 1672 W. 5th Avenue in Grandview this week. In partnership with the Tri-Village Chamber Partnerships, Telhio Credit Union welcomed members, employees, and community partners to a ribbon-cutting ceremony at the ...

LSCU welcomes Christopher Hodge to the Advocacy team

TALLAHASSEE, FL (July 27, 2023) — The League of Southeastern Credit Unions (LSCU) is excited to announce that Christopher Hodge joins the League as the new Senior Director of Governmental Affairs in Florida. “I look forward to joining the already distinguished LSCU Advocacy Team and ...