The NCUA Has Given The Green Light for a New Charter Application for Diverge, a Proposed FCU. This New CU Will Improve Access to Affordable Banking Products for Historically Unbanked People.
The National Credit Union Administration (NCUA) has extended its approval for a new charter application for Diverge, a Proposed Federal Credit Union (PFCU), whose mission is to advance economic empowerment for historically marginalized and unbanked communities
Credit Unions Amass Largest Share of the Automotive Finance Market in Five Years
Through the first three months of 2022, there were some shifts in the automotive finance market, most notably, significant growth for credit unions. According to Experian’s State of the Automotive Finance Market: Q1 2022 report, credit unions amassed 22.06% of the total automotive finance market, up from 18.55% a year prior.
Record Scholarship Amount for a Record Number of Students
This year's edition of the Polish & Slavic Federal Credit Union's Scholarship Program, which has supported the educational dreams of the Polish-American youth since 2001, set two significant records. 488 young PSFCU members were granted scholarships this year,
OnPoint Community Credit Union Celebrates Anniversary of Its Largest Branch Expansion with Special Member Promotions
OnPoint Community Credit Union is celebrating the one-year anniversary of opening 20 new branches inside Fred Meyer stores
7 Trends Continuing into 2022 for Credit Unions
Credit unions keep up on housing and mortgage lending, Gen Z and Millennials, branching trends and technology, employees and more to ensure relevance and stability.
PenFed Credit Union and Washington Nationals Partner to Give PenFed Credit Cardholders 10% Cash Back on In-Stadium Purchases at Nationals Park
PenFed Credit Union and the Washington Nationals Major League Baseball team have partnered to give PenFed members 10% cash back on all in-stadium merchandise and concession purchases at Nationals Park when they use a PenFed credit card
Charlotte Metro Credit Union CEO Bob Bruns Announces Retirement
Charlotte Metro Federal Credit Union (CMCU) has announced that President/CEO Bob Bruns will retire as CEO. The Board of Directors named Eric Gelly President and CEO, effective May 1, 2022. Bruns will continue to serve the credit union as Senior Advisor to the CEO until his effective retirement on Oct. 31, 2022.
North Island Credit Union Awards 10 Scholarships to College-Bound San Diego and Riverside County Students
North Island Credit Union has awarded 10 scholarships of $1,000 each to college-bound students in San Diego and Riverside Counties in its annual College Scholarship Program. Through the program, North Island Credit Union recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work.
California Credit Union Awards 10 Scholarships to College-Bound Los Angeles and Orange County Students
California Credit Union has awarded 10 scholarships of $1,000 each to college-bound students in Los Angeles and Orange Counties in its annual College Scholarship Program. Through the program, California Credit Union recognizes exceptional students who are active in both their schools and the communities, giving back to others through service and volunteer work.
North Island Credit Union Presents 2022 Innovation in Education Impact Award to Poway Unified School District College & Career Readiness Program
As the Premier Sponsor of the Classroom of the Future Foundation (CFF), North Island Credit Union recently presented the organization's prestigious 2022 Innovation in Education Impact Award to Poway Unified School District (PUSD) for its Through the Lens of Equity: Jump Starting Pathways to Rewarding Careers Program.
Ascend Federal Credit Union Names Lumin Digital As Partner for Enhanced Digital Banking Services
Lumin Digital announced today that Tennessee-based Ascend Federal Credit Union (Ascend) has signed a multi-year agreement for Lumin Digital's cloud-native platform for online and mobile digital banking solutions
NCUA Issues Two Prohibition Orders, One Notice in May 2022
The National Credit Union Administration issued two prohibition orders and one notice of prohibition in May. These individuals are prohibited from participating in the affairs of any federally insured depository institution.
MIDFLORIDA Credit Union Partners with Zest AI to Bring AI-Driven Lending to More than 430,000 Members in Florida
MIDFLORIDA Credit Union, one of the largest credit unions in Florida with more than $6 billion in assets, today announced it has partnered with Zest AI, a leader in software for AI-driven lending.
Connect With Members Through Experiential Marketing
Connection is one of the main driving forces behind what credit unions do but keeping and maintaining that connection became a lot harder once the pandemic took hold. Yes, Zoom meetings allowed us to continue having face-to-face interactions with people while apart. However…
CUNA National Voter Poll: Great Data, No Audience
CU Pride™️ – Rainbow Glows Brighter with Commitment from CUNA Mutual Group
Linda Bodie, CEO at Element FCU and now board advisor of CU Pride™, spoke to a crowd of credit union executives and board members at the 2018 Underground Collision in Washington DC, saying, “I’m an out CEO and I struggle to find others like me at conferences like this.”
Great Meadow FCU Leverages Existing Partnerships for High-Yield Checking
Great Meadow Federal Credit Union sought a high-interest account solution, but when the credit union couldn’t find the right one, CEO Ryan Roberts decided to work with its core and Your Marketing Co. to build and maintain its own.
Great Meadow FCU Leverages Existing Partnerships for High-Yield Checking
Great Meadow Federal Credit Union sought a high-interest account solution, but when the credit union couldn’t find the right one, CEO Ryan Roberts decided to work with its core and Your Marketing Co. to build and maintain its own
CoastHills CU Finds Community Engagement Path to Support Diverse Community
When CoastHills Credit Union launched its new Community Engagement Department, Carolyn White, who is Vice President of the department, said it had two objectives: 1) Invest more time and resources in the communities the credit union serves and 2) Facilitate community development outreach programs.
