January 14th, 2025019Virginia Beach, VA (January 6, 2024) – Since its founding 20 years ago, Chartway Credit Union’s charitable arm, Chartway Promise Foundation, has delivered on its mission to bring joy, hope, and smiles to medically fragile children and their families through unforgettable experiences. We call these children Promise Heroes, and this year marks the Foundation’s 20th anniversary supporting them. In 2024, the Foundation worked tirelessly to raise funds, with support from generous corporate and individual donors and numerous successful fundraising events. This effort resulted in $1.1 million, the largest award for its annual grants program...
January 14th, 2025019Dallas, Texas – ALM First, a strategic partner for more than 300 financial institutions nationwide, received NCUA approval in December 2024 to create a first of its kind loan fund for credit unions.
The firm initially requested permission in 2022 for the ALM First Loan Fund Investment Pilot Program, a groundbreaking new model whereby a Registered Investment Adviser (RIA) can pool funds for credit unions for the specific purpose of buying loans from other credit unions.
The benefits of this structure include shared underwriting and operating expenses to improve scalability, transparent loan pricing for both buyers and sellers,...
January 14th, 2025021WASHINGTON – Today, America’s Credit Unions and its Transition Board of Directors are proud to announce the 2025 credit union advocacy priorities that will guide President/CEO Jim Nussle, Chief Advocacy Officer Carrie Hunt, and the organization during the 119th Congress. The priorities build on a successful year in advocacy and direct feedback from America’s Credit Unions’ membership. America’s Credit Unions is committed to ensuring all credit unions have the continued ability to serve their members' unique financial needs and help them thrive. The Board approved these priorities in December 2024.
“Our first year as...
January 14th, 2025029For the fifth straight year, BayPort Credit Union has won in all four award categories in the 2024 Social Responsibility Awards sponsored by the Virginia Credit Union League. In 2024, BayPort won first place in the Louise Herring Award category, for launching Get My Rate, a new loan technology that enables local consumers to learn their potential loan rate pre-qualification for auto, credit card, or personal loans without affecting their credit score. BayPort recognizes the need for financial education from a trusted local source, directly contributing to economic growth and social development. BayPort is the first financial institution in...
January 14th, 2025039MADISON, WI – January 9, 2025 – CUES is now accepting applications for its coveted credit union leadership program, CUES Emerge. Offered in partnership with Currency Marketing, this transformative course is custom-designed to accelerate career advancement and empower future credit union leaders to step into leadership roles—all at no cost to the participants.
Applicants accepted into the multifaceted program first explore strategic thinking, communication skills, and design thinking during expert-led CUES Virtual Classroom sessions. These learning sessions are interspersed with Mastermind sessions, designed to further support...
January 14th, 2025016Fort Walton Beach, Fla. (Jan. 13, 2025) - Eglin Federal Credit Union is proud to announce the board of directors has honored Jerry Williams with the prestigious title of President Emeritus, recognizing his exemplary service and leadership over the past decade as President/CEO. Jerry officially retired on Jan. 3, 2025. Jerry’s new title as President Emeritus was effective Jan. 6, 2025.
Board Chair Dan McInnis praised Jerry Williams’ significant contributions, stating on behalf of the board of directions, “We deeply value Jerry Williams' leadership at Eglin Federal Credit Union. As he enters retirement, we are pleased to officially...
January 14th, 2025022COLUMBUS, Ohio — Corporate One Federal Credit Union, an industry leader in immediate payments, announced today that it connected 48 credit unions to the RTP® network and six credit unions to FedNow® Service via its Third-Party Service Provider (TPSP) solution in 2024. Looking ahead, Corporate One has more than 35 credit unions in the queue to go live on the RTP network or FedNow Service in the first quarter of 2025. The corporate is also evolving its focus to empowering credit unions beyond receive-only capabilities to actively sending payments.
"This year has been a testament to the growing importance of immediate payments for credit...
January 14th, 2025017KISSIMMEE (January 10, 2025) – Addition Financial Credit Union and the School District of Osceola County held a ribbon cutting today for a new student-run Addition Financial branch at Osceola High School, expanding the High School Branch partnership that provides hands-on financial experience to Central Florida students.
Addition Financial’s High School Branch Program is designed to introduce young people to financial literacy and money management skills. The credit union provides training to Osceola High School students who are accepted into the program and prepares them to fully staff and run the credit union branch, located on the...
January 10th, 20253206Panama City, FL — Innovations Financial Credit Union is excited to announce the addition of Kristie McLane to our leadership team as the new Director of Community Business Development. With over 14 years of experience in banking and a strong track record of fostering client relationships, Kristie is poised to bring dynamic leadership to our credit union.
Kristie brings extensive experience in leading teams and building strong client relationships in both retail and commercial lending. Her collaborative approach and focus on fostering community growth have been key to her success in driving business development in the Florida Panhandle....
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