Press

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Purdue Federal Credit Union releases three new debit card designs

WEST LAFAYETTE, IN (May 17, 2024) — Purdue Federal Credit Union (Purdue Federal) is proud to announce the debut of three new debit card designs. The three designs are meant to further increase flexibility and allow our members to carry cards that they are proud ...

CFPB sues SoLo Funds for deceiving borrowers and illegally extracting fees

WASHINGTON, D.C. (May 17, 2024) — The Consumer Financial Protection Bureau (CFPB) today sued the online lending platform SoLo Funds for deceiving borrowers about the total cost of loans. The CFPB alleges that SoLo markets itself as a consumer-friendly alternative to high-cost, short-term loans. ...

Del-One CIO meets with Delaware Governor

DOVER, DE (May 17, 2024) — Del-One Federal Credit Union was nominated for the Excellence in Business Awards Large Employer of the Year through the Central Delaware Chamber of Commerce (CDCC). As part of the nomination, Chief Information Officer Marc Kidwell met with Governor John ...

Messagepoint announces AI-powered Translation Accuracy

TORONTO, ON (May 17, 2024) — Messagepoint announced today enhancements in the latest release of its intelligent Content Hub for customer communications management, designed to streamline the process of translating customer communications and documents while ensuring accuracy. New capabilities that augment generative AI-based translation have ...

PSECU celebrates four graduates from Leadership Harrisburg Area programs

HARRISBURG, PA (May 17, 2024) — PSECU, Pennsylvania’s digital-first credit union, today proudly announced four staff members have graduated from Leadership Harrisburg Area (LHA) programs. This year's esteemed cohort includes Homer Renteria, Chief Revenue Officer (Executive Leadership Series); Erin Johnston, Assistant Controller; Telun Lee, ...

Nominations open for second annual WOCCU Fellowship

MADISON, WI (May 17, 2024) — World Council of Credit Unions (WOCCU) invites emerging credit union leaders under the age of 40 and women of any age to apply for the 2024 WOCCU Fellowship, which will designate one person from each of those categories to ...

Greylock appoints Anthony Rinaldi as Director Emeritus

PITTSFIELD, MA (May 17, 2024) — Greylock Federal Credit Union’s Board of Directors voted unanimously to appoint Anthony Rinaldi as Director Emeritus in recognition of his longstanding and distinguished service to the credit union. In March 2024, the Board of Directors voted to confer ...

Survey says: Minnesotans see the credit union advantage

ST. PAUL, MN (May 16, 2024) — Most people don’t have strong feelings about their financial institution, unless they are talking about their Minnesota credit union. According to the Minnesota Credit Union Network (MnCUN), 48% of people surveyed said they love their credit union, ...

Registration open for June 5 “What is an MDI?” webinar

ALEXANDRIA, VA (May 16, 2024) — Credit unions interested in the minority depository institution designation can get valuable information about MDIs and how they benefit their members and communities during a June 5 webinar hosted by the National Credit Union Administration. Online registration for this ...

Anne Legg joins Nook as Strategic Advisor

WAYZATA, MN (May 16, 2024) — Nook, a Credit Union Service Organization (CUSO) and pioneer of niche experiences, proudly welcomes Anne Legg, an award-winning, internationally recognized credit union industry leader, as its newest Strategic Advisor. With her background as an industry expert and member-centric data ...

Statement on Supreme Court decision in CFPB v. CFSA

WASHINGTON, D.C. (May 16, 2024) — The Consumer Financial Protection Bureau issued a statement today regarding the Supreme Court’s decision in CFPB v. Community Financial Services Association of America: “For years, lawbreaking companies and Wall Street lobbyists have been scheming to defund essential ...

Atlanta Postal Credit Union honored with 2024 MeridianLink Arc Award

ATLANTA, GEORGIA (May 16, 2024) — Atlanta Postal Credit Union (APCU) ​​today announced it was selected as a recipient of the 2024 MeridianLink Arc Award during MeridianLink LIVE!, the company’s annual conference, held this year at the Gaylord Opryland Resort in Nashville, Tenn. The ...

The Velera Payments Index: May 2024

ST. PETERSBURG, FL (May 16, 2024) — Today, Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments CUSO and an integrated financial technology solutions provider – published the May edition of the Velera Payments Index, the goal of which is to provide information and insights ...

MSGCU holding Shop Local, Bank Local events in Ann Arbor and Saline

CLINTON TOWNSHIP, MI (May 16, 2024) — Michigan Schools and Government Credit Union (MSGCU) is partnering with 12 community businesses in Ann Arbor and Saline to present Shop Local, Bank Local events from May 21 – June 8. As an organization strongly rooted in giving back ...

Nusenda selects 2024 Financial Education Innovation Award winners

ALBUQUERQUE, NM (May 16, 2024) — Last week, Nusenda announced its 2024 Financial Education Innovation  Award winners. These awards demonstrate Nusenda’s ongoing commitment to strengthening  communities and investing in solutions that improve financial outcomes for the next  generation. “Nusenda is excited to provide the ...