July 18th, 20250167TAMPA, Fla. – USF Credit Union (USF CU) is proud to announce that President and CEO Richard J. Skaggs has been reelected to serve a second term as Chair of the Board for The League of Credit Unions & Affiliates. Skaggs’ continued leadership reflects a strong commitment to advancing the credit union movement across Alabama, Florida, Georgia and Virginia, where the League represents 381 credit unions and more than 32.7 million members with a combined $453.6 billion in assets.
His reelection was announced during the League’s record-breaking ENGAGE 2025 Conference, held in Orlando, Florida, where more than 1,300 credit union...
July 16th, 2025019New Ellenton, SC – SRP Federal Credit Union executives unveiled a new SRP Virtual Teller ATM in a ribbon-cutting ceremony on Main Street in New Ellenton, SC on July 11.
Conveniently located near residential and commercial zones in the heart of New Ellenton, the new walk-up machine will improve SRP Federal Credit Union’s accessibility in southern Aiken County. With its virtual teller capabilities, visitors will be able to speak with an SRP Teller to conduct transactions from 7 a.m. to 7 p.m. on Monday through Friday.
The ribbon-cutting ceremony featured inspiring words from Liz Ponder, SRP Federal Credit Union CEO, and Roy...
July 14th, 2025136Member Well-Being Launched July 1st with Mathieu Despard as Fellow
Madison, Wis. – Filene’s Center for Member Well-Being officially launched July 1st, with fellow Mathieu Despard of Washington University, St. Louis.
As inflation, prices on everyday goods and economic uncertainty continues to increase it is no wonder more Americans are feeling financially stressed these days. In fact, according to a recent Bankrate Financial Freedom Survey, 77% of U.S. adults say they are not completely financially secure, up from 75% in 2024 and 72% in 2023. Also, financial stress tends to be the major contributor to people’s overall stress—which...
July 10th, 2025032Dallas, Texas – ALM First recently promoted Alec Hollis to Principal. Hollis joined the firm in 2012 and has gained more than a dozen years of direct experience in balance sheet strategy and risk management. Throughout his tenure, he has embodied ALM First’s core value of “innovation” by seeking out new ways to put clients’ best interests first and solve financial institutions’ most pressing challenges.
“We’re thrilled to announce Alec’s promotion and look forward to his continued contributions,” says Robert Perry, Principal. “His experience empowering clients to maintain and enhance their margins, proactively manage...
July 9th, 2025028North Augusta, SC – Representatives of SRP Federal Credit Union presented the American Heart Association (AHA) with a donation of over $45,000 — the result of an employee-led fundraising campaign that exceeded its projected goal by over $10,000.
SRP team members Charmaine Finch and Ieshia Bell, chair and co-chair of SRP’s AHA fundraiser, led the three-month campaign. The funds will help support the nonprofit organization’s initiatives, including heart and brain research, improvements in medical care, providing CPR training, and more.
Across SRP departments and branches, SRP team members contributed to the fundraiser through...
July 9th, 2025043Naperville, Ill. – To do something that has never been done before requires initiative, hard work, creativity and, in this case, the Power of Cooperation that credit unions use as their secret weapon to compete. Alloya, working alongside three credit unions, Blaze (Minnesota), Consumers (Illinois) and Interra (Indiana), completed the credit union network’s first ever multi-issuer prime auto loan asset-backed securitization (ABS). This group of credit unions should be considered pioneers as they have opened a significant new source of liquidity for the entire credit union network. Banks have never completed a multi-issuer ABS, and this...
July 3rd, 2025160Naperville, Ill. – Alloya Corporate Federal Credit Union announced today that Jim Schneck has been named Senior Vice President of Payments. In this role, he will oversee Alloya’s Payments business.
Schneck joined the corporate in 2018, overseeing the strategic planning process as Chief Strategy and Innovation Officer. He was also responsible for Alloya’s payments business growth and innovation efforts, assessing changing technology and industry dynamics to determine the most advantageous growth pathways for members and Alloya. His background includes serving clients as a member of financial and consulting firms such as McKinsey &...
July 1st, 2025021Athens, GA – One of the primary purposes of Southeast Management School is to prepare each student for a successful career of leadership in the credit union movement. To help accomplish this purpose and as a prerequisite for graduation from the three-year program, students take part in a range of individual and group projects that deepen their understanding of their credit union, the communities they serve, and the industry as a whole.
Outstanding achievements in these areas are recognized through a few annual awards, including Year 2 Project Best and Excellence Awards, Year 3 Project Best and Excellence Awards, CU Financial Simulation...
July 1st, 2025046(Athens, GA) – The Southeastern Regional Credit Union School (SRCUS) is pleased to announce that 41 distinguished credit union executives graduated on June 20 from Southeast Management School after successful completion of the three-year program on the campus of the University of Georgia in Athens, Georgia.
This year’s program also marked a milestone: the first graduating class to earn the Certified Credit Union Executive (CCUE) designation, powered by America’s Credit Unions. Following formal approval in June 2024, SRCUS integrated CCUE testing requirements into the curriculum—beginning with first-year students, while offering a...
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