USF receives $1M gift from USF Federal Credit Union, elevating longstanding support

April 12th, 20233126 TAMPA, Fla. (April 12, 2023) – The University of South Florida today announced a more than $1 million gift, through a combination of scholarship endowments and title sponsorships of signature events from USF Federal Credit Union. Part of this gift includes the establishment of four endowments to provide scholarships for students in the Latino Scholarship Program, Black Leadership Network and College of Nursing, as well as a first-of-its-kind scholarship for student veterans. In addition, USF FCU has committed to serve as Title or Presenting Sponsor of 10 of USF’s signature events. “The university is deeply grateful for USF...

Alloya Corporate FCU Acquires QCash Financial and Brings Automated Lending Solutions to Credit Unions

April 12th, 20232171 Naperville, Ill. and Olympia, Wash. (April 12, 2023) – Alloya Corporate Federal Credit Union and Washington State Employees Credit Union (WSECU) have announced they are entering a strategic partnership under which, effective March 31, 2023, Alloya acquired QCash Financial, LLC. Since 2015, QCash Financial has offered tech-forward and inclusive lending solutions as a wholly-owned credit union service organization (CUSO) of WSECU. Moving forward, QCash will remain an independent, wholly-owned CUSO of Alloya. “We are elated to be joining Alloya,” remarked Seth Brickman, CEO of QCash Financial. “QCash has seen exceptional growth in...

Georgia United Credit Union Strengthens Digital Strategy with Jack Henry

April 12th, 20231101 MONETT, Mo., April 12, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Georgia United Credit Union has launched its digital banking platform to deliver more personal, custom member experiences. The $2 billion-asset credit union wanted a platform that would scale with its growth goals and meet the evolving needs of its members. Jack Henry's digital banking platform provides a flexible, open-API infrastructure that gives the credit union control of its custom features and functions, allowing for faster rollouts of new products and services. Since launching the platform in October 2022, the credit union...

ASSOCIATED CREDIT UNION PARTNERS WITH MARIETTA HIGH SCHOOL’S WORK-BASED LEARNING PROGRAM FOR A NEW CAREER PATHWAY

April 11th, 2023167 (PEACHTREE CORNERS, Ga. — Apr. 3, 2023) – Associated Credit Union and Marietta High School partner to create a new career pathway for students. The new career pathway at Marietta High School’s College and Career Academy will allow students to work for Associated Credit Union’s e-branch department as junior interactive service representatives. This groundbreaking partnership expands the student’s finance industry knowledge by allowing them real-world experiences. The students selected for this pathway were required to complete an interview process and are paid wages. The students underwent rigorous training with Associated Credit...

MBFS Reaches Two New Milestones: Serving Over 100 Credit Unions & Servicing Over $2.5 Billion in Business Loans

April 11th, 2023141 TREVOSE, PA (April 11, 2023) - Member Business Financial Services (MBFS), a CUSO formed in 2008 to assist credit unions with underwriting, funding, and servicing member business loans in their markets, recently reached two new milestones. MBFS now serves in excess of 100 credit union partners nationwide and services over $2.5 billion in member business loans. MBFS’ highly experienced team provides strategic development assistance to credit unions starting new, or expanding existing, MBL programs. By focusing on prudent risk management coupled with exceptional member service, the MBFS team provides nationwide loan underwriting, loan...

Robins Financial Credit Union Helping to Build Computer Lab

April 11th, 20232666 Warner Robins, GA — Robins Financial Credit Union recently donated 10 Chromebooks to Men About Change to help develop their computer lab. Men About Change/Women About Change is an educational enrichment, mentoring, early learning, and childcare/supervision project. They enhance the lives of at-risk young men and women by improving their academic performance, emotional and psychological development, and self-esteem through a supportive environment that fosters and promotes learning and growth, and through mentorships that expose our youth to the infinite possibilities and opportunities in their lives. They serve their students by...

U.S. Treasury Awards more than $1.73 Billion in Response to Economic Impacts Caused by COVID-19 Pandemic

April 10th, 202327316 Washington, DC – Today, Vice President Kamala Harris and Deputy Secretary of the Treasury Wally Adeyemo announced that the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded over $1.73 billion in grants to 603 Community Development Financial Institutions (CDFIs) across the country through the CDFI Equitable Recovery Program (CDFI ERP). These funds will strengthen the ability of CDFIs to help low- and moderate-income communities recover from the COVID-19 pandemic and invest in long-term prosperity. Authorized by the Consolidated Appropriations Act, 2021 (Pub. L. 116-260) to...

Eglin Federal Credit Union recognizes Mary Esther Head Teller Kimberly Stovall for 25 years of service

April 7th, 202331122 Fort Walton Beach, Fla. (April 7, 2023) - Eglin Federal Credit Union is pleased to recognize Mary Esther Head Teller Kimberly Stovall for 25 years of service. Kimberly currently resides in Fort Walton Beach. “We congratulate Kimberly on becoming a member of the National Association of Federal Credit Union’s Quarter Century Club in recognition of her 25 years of service to the credit union industry,” said SVP/COO Kim Nauta. “She does a great job building trusted relationships with our members, and we appreciate her five-star service and commitment to EFCU.” Kimberly joined the Credit Union in 1998 as a Teller in at the Fort...

SRP Barnwell Staff Delivers Easter Goodies

April 7th, 2023079 Team members at the Barnwell SRP Federal Credit Union collected items to create “bunny cups” to deliver to residents at the Pruitt Healthcare Residential and Rehabilitation Center. Each cup contained lotions, chocolate candy, a plush bunny, and an Easter egg stress ball for the forty-four people who reside there and the patients at the facility for rehabilitation purposes. The treats were delivered by staff members Victoria Gunnells, Rachael Neece, and Angela Cotton. The staff enjoyed their time visiting with everyone in the center as they made their Easter deliveries. The Social Director of the facility, Kerri Newsome, also gave SRP...
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