Credit unions uphold rigorous requirements of CDFI certification

April 27th, 2026017 Support low-income people and communities in building wealth through responsible lending WASHINGTON—As the Treasury Department announced increased reviews of certified Community Development Financial Institutions (CDFIs) to ensure compliance with applicable laws and CDFI requirements, America’s Credit Unions President/CEO Scott Simpson and Inclusiv President/CEO Cathie Mahon released the following statement: “Credit unions have proven themselves to be trustworthy partners for people and communities through the CDFI Fund, and the commitment and impact credit unions have through this program are undeniable. CDFI credit unions have...

SRP Federal Credit Union Donates Over $70,000 to Barnwell County School District High Schools Through Affinity Debit Card Program

April 27th, 2026016 Barnwell, SC – Four schools in the Barnwell County School District received a combined total of over $70,000 from SRP Federal Credit Union’s 2025 Affinity Debit Card Program proceeds, reflecting a year of commitment to supporting local schools from families, faculty and staff, and community members. SRP Federal Credit Union officials joined Barnwell County School District Board of Trustees members and Superintendent Dr. Crissie Stapleton in a check presentation ceremony on March 25. The school district received $71,095.30 in unrestricted funds for participating schools. “On behalf of the Board of Trustees, we are deeply grateful...

April 27th, 202608 Robinson was elected by the Foundation’s Board to fill a vacant League president seat MADISON, Wis.  – The National Credit Union Foundation (the Foundation) announces the election of Fred Robinson, President and CEO of the Tennessee and Mississippi Credit Union Association, to its Board of Directors. Robinson was recommended by the Foundation’s Nominations Committee to fill a vacant League president seat on the Board. Following his acceptance, the full Board of Directors voted to confirm his appointment. "Fred brings a strong league perspective and a deep understanding of the credit union movement’s commitment to improving...

Outsourcing: The credit union advantage

April 22nd, 2026010 Credit unions are under increasing pressure to do more with less. From fluctuating loan demand to ongoing staffing shortages, today’s lending environment is anything but predictable. To stay competitive, many institutions are rethinking how they operate and turning to outsourcing as a strategic solution. The growing strain on credit union lending teams Staffing challenges continue to be one of the biggest obstacles facing credit unions. In fact, Rivel Banking Research shows that 80% of community banks and credit unions identify staffing as their top concern. That pressure is amplified by market volatility. As interest rates shift,...

New Research Finds Credit Unions Can Cut Per-Claim Dispute Processing Costs by 90% and Save Over $800K in One Year

April 22nd, 2026018 Filene Research Institute’s FiLab tested two fintech solutions across real credit unions, and the results provide key learnings about fraud technology, operational costs, and member adoption. MADISON, Wis., — Filene Research Institute’s innovation testing program, FiLab, has released findings from independent pilots of two financial technology solutions designed to address fraud, one of the most urgent and costly challenges facing U.S. credit unions. The results, drawn from structured tests across ten credit unions, document outcomes that significantly outpaced industry benchmarks: per-claim processing costs fell by approximately 90%,...

FORUM 52 Announces Alloya Corporate Federal Credit Union as Pivotal Platform Sponsor

April 22nd, 2026012 Strategic partnership supports expanded leadership training and collaboration for credit union leaders nationwide Naperville, Ill. & Raleigh, N.C.  – FORUM52 today announced that Alloya Corporate Federal Credit Union has committed to serve as the Platform Sponsor of the FORUM52 leadership network for the next two years. This sponsorship represents a major step forward in supporting FORUM52’s mission to provide high-quality leadership development, practical insights and meaningful peer collaboration for credit union leaders across the country. FORUM52 was created to help credit union executives, board members and emerging leaders...

SRP Federal Credit Union’s Annual Membership Meeting Draws Over 2,000 Members

April 22nd, 2026013 Graniteville, SC – SRP Federal Credit Union hosted its 66th Annual Membership Meeting at the USCA Convocation Center on Tuesday, March 31, with a record-breaking attendance of more than 2,000 members. A total of 2,224 members attended the event, marking the fifth consecutive year of increasing attendance at SRP’s annual meetings and the fourth consecutive year of record-breaking participation. During the meeting, SRP Board of Directors Chairman Sandra DeVoe Bland, Treasurer Larry Laughlin, and SRP CEO Liz Ponder presented reports on the credit union’s 2025 performance. Following the reports, members had an opportunity to...

League System Launches Fully Customizable Elder Exploitation Prevention Toolkit for Credit Unions

April 22nd, 2026013 Fraud targeting older adults continues to rise at an alarming rate, placing vulnerable individuals at greater financial risk. As trusted financial partners, credit unions are often the first line of defense in identifying and preventing these crimes. To support this critical role, the League System is proud to introduce the Elder Exploitation Prevention Toolkit—the second in a series of five member-focused toolkits that will be made available to credit unions throughout 2026. The complimentary toolkits are available for credit unions to customize and help educate members on an array of topics—from elder exploitation to credit union...

ALM First Launches Inaugural Loan Fund for Credit Unions

April 16th, 2026022 Dallas, Texas – ALM First, a strategic partner for more than 350 financial institutions nationwide, has successfully launched a first of its kind loan fund for credit unions. The ALM First Loan Fund Investment Pilot Program is a groundbreaking new model whereby ALM First can pool funds for credit unions for the specific purpose of buying loans from other credit unions. "At Pennsylvania State Employees Credit Union, we're always looking for new opportunities to enhance our balance sheet and, ultimately, create more value for our members. We're excited to be among the first credit unions to invest in the ALM First Loan Fund," said Gina...
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