January 2nd, 2024865Alabama Credit Union, a leading financial institution in Alabama, is proud to announce the outcome of a comprehensive volunteering initiative aimed at fostering a culture of social responsibility and community engagement.
As a company deeply committed to making a positive impact beyond our branches, Alabama Credit Union is taking meaningful strides to contribute to the well-being of the communities in which it operates by providing each employee with 15 hours of paid time off to use at an organization of their choice. This volunteering initiative reflects the company's dedication to philanthropy and its understanding of the broader role...
January 2nd, 2024888North Augusta, SC – “Good Things Are Happening at SRP” as we share our Board of Directors has once again approved a Loyalty Dividend be paid out across our membership. The additional dividend was designed to reward SRP members and to recognize the financial strength of the Credit Union. In 2022, SRP’s Board also paid a Loyalty Dividend totaling over $1.5 million dollars. It is especially exciting the amount has doubled this year to over $3 million.
“With the increases in the costs of living in 2023, it is gratifying to know that SRP bolsters our membership with the financial strength they can rely on,” says Eric Jenkins, CEO,...
December 27th, 20231464Washington, D.C., December 19, 2023 – The National Auto Loan Network (NALN) and CUCollaborate have entered a strategic partnership to connect credit unions with more individuals in underserved areas and populations. By leveraging CUCollaborate’s Application Programming Interfaces, NALN can now identify and memberize consumer applicants, assisting credit unions in attaining and retaining their Low-Income Designation and CDFI Certification (CDFI).
“Through this strategic partnership with CUCollaborate, we embark on a mission to empower credit unions in attaining and retaining their low-income designation and CDFI Certification....
December 26th, 20232242Atlanta, Ga. (Dec. 21, 2023) – On Wednesday, Dec. 13, 2023, the LGE Community Outreach Foundation presented $284,000 to local nonprofit organizations at LGE Community Credit Union’s annual celebration breakfast.
The event recognized nonprofit organizations throughout metro Atlanta and each organization was invited to speak and share donor impact stories with the credit union’s approximately 340 employees. Nonprofits that received donations from the LGE Foundation included Calvary Children’s Home, CASA of Paulding County, The Drake House, McKenna Farms Therapy Services, MUST Ministries, Next Step Ministries, SafePath Children’s...
December 21st, 20232440COLUMBUS, Ohio — Corporate One Federal Credit Union, an industry leader in immediate payments, announced today that it connected 18 credit unions to the RTP® network in 2023 via its Third-Party Service Provider (TPSP) solution. The corporate is extending the solution to connect to the FedNow® Service within the first quarter of 2024 to provide a unified connection solution for credit unions to both immediate payment rails.
“Establishing a connection between credit unions and the RTP network and the FedNow Service is a fundamental part of our vision for credit unions to embrace immediate payments, and the interest we’ve seen in the...
December 20th, 2023549Irvine, CA, December 20, 2023 – Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, announce a partnership to offer credit union financing to EV buyers through the Tesla website. This partnership will provide Tesla buyers seeking affordable monthly payments with more options through credit union financing.
By making credit union financing available at the point of purchase, EV buyers will have easy access to competitive rates and extended financing terms—both important factors in providing consumers with options to lower their monthly payments.
Consumers...
December 20th, 2023741Augusta, GA — SRP Federal Credit Union made the holiday season brighter for members of Boys & Girls Clubs of Greater Augusta. On December 13, 2023, SRP presented twenty-five bicycles to selected Club Members in a heartwarming event at The Hub for Community Innovation.
Employees of SRP Federal Credit Union gathered at the Boys & Girls Clubs of Greater Augusta's headquarters at 2:00 pm to assemble the bicycles showcasing their commitment to community engagement and youth empowerment. The collaborative effort is part of SRP's ongoing initiative to support local organizations and provide meaningful experiences for the...
December 20th, 2023746
Pensacola, Florida – (December 20, 2023) PenAir Credit Union is pleased to announce the appointment of Dave Gooch as Vice President of Commercial Lending, reinforcing the credit union's commitment to providing tailored financial solutions and unwavering support to businesses throughout the region.
With over 25 years of experience in the banking and credit union industries, Gooch brings a wealth of expertise and an unwavering commitment to the local business community. His impressive track record includes roles as Market President for two community banks and Vice President of Commercial Banking for Kemba Credit Union, emphasizing...
December 18th, 202314838Dana Point, CA (December 18, 2023) - With a focus on the American Association of Credit Union Leagues’ (AACUL) recently updated mission, vision, and strategic pillars, credit union system leaders gathered in California this month for the 2023 AACUL Winter Conference. Over 200 attendees from across the League System as well as League Chairs, the CUNA board, federal and state regulators, and key business partners participated. The conference celebrated a renewed energy from Leagues for a sharp focus on advocacy impact, excitement for deepened collaboration throughout the League System, and intentional, strategic connection with the new...
Credit Union News
