January 30th, 2024656Pensacola, Florida – (January 30, 2024) PenAir Credit Union proudly announces its recognition by Newsweek as one of America’s Best Regional Banks and Credit Unions for 2024.
This prestigious acknowledgment reflects PenAir’s commitment to "Enhancing Lives" through respect, service, and Communerosity®, a PenAir guiding principle fusing community and generosity. Focused on providing members better rates and personalized service, PenAir positively impacts communities through comprehensive financial solutions, including education, banking, lending, saving, and investing.
Lee Morgan, PenAir President and CEO, shared, "Earning recognition...
January 29th, 2024761Atlanta, Ga. (Jan. 29, 2024) – LGE Community Credit Union announced today that it was recently recognized as one of America’s Best Credit Unions 2024 by Newsweek.
To create the list, Newsweek partnered with market-data research firm Plant-A Insights Group to study all credit unions in the United States and applied the following methodology:
Each financial institution was analyzed using factors indicating financial health, current operational performance, and metrics indicating long-term stability.
The analysis was followed by a large-scale independent survey where 35,000 U.S. consumers were asked to rate financial...
January 24th, 20241249 – To empower credit unions with the actionable insights needed to refine their non-interest income (NII) strategy, Callahan & Associates is excited to announce the launch of its annual non-interest income (NII) survey.
The survey, covering 17 detailed NII categories beyond the 5300 Call Report, provides participants with a comprehensive understanding of trends, alternative income sources, and the ability to answer key questions to shape their own strategies.
Including categories such as overdraft fees, mortgage servicing fees, card fees, and more, participants can answer key questions such as:
• Are other credit unions...
January 23rd, 2024736Fort Walton Beach, Fla. (Jan. 22, 2024) - Eglin Federal Credit Union is pleased to announce Card Services Representative II Yvonne McCarter has been selected as the 5-Star Performer of the 4th Quarter of 2023. Yvonne has been employed with the Credit Union since December 2003 and currently resides in Fort Walton Beach.
The 5-Star Performer Award is a quarterly employee recognition program. The nominator provides a written submission describing how the employee embraces EFCU's Five-Star Values: Respectful, Trustworthy, Dedicated, Proactive and Engaged.
Yvonne was nominated by 19 Account Services Representatives in the Call Center. They...
January 22nd, 2024844 - Lucro Commercial Solutions is thrilled to introduce LoanSplit, the latest of Lucro’s three innovative platforms built to help credit unions be efficient and competitive. LoanSplit is a new marketplace that enables quick and seamless buying or selling of commercial loans with little to no cost to the credit union. Credit unions enjoy automation, streamlined operations and unmatched control over their loan distribution channel.
Key Benefits of LoanSplit
● Time Savings: Say goodbye to lengthy and cumbersome loan buying or selling processes. Creating a loan participation has never been easier
with our intuitive portal that includes...
January 18th, 2024872Pensacola, Florida – (January 18, 2024) PenAir Credit Union proudly hosted a groundbreaking ceremony on Wednesday, January 17, for its upcoming Crestview location.
Approximately 20 individuals attended the brief outdoor ceremony, including Robert Jacobson, PenAir Credit Union Chairman of the Board; Lee Morgan, PenAir Credit Union President & CEO; J.B. Whitten, Crestview Mayor; Jesse Kirkland and Dave Luttrell, DAG Architects; Dick Clarke and Michael Clarke, Hanto & Clarke General Contractors; Sandra Wilson, Crestview Chamber of Commerce President/CEO; Corey Waite, Rubicon Concierge Real Estate Services; alongside members of...
January 18th, 2024848Irvine, CA, January 16, 2023 – Origence, the leading credit union lending technology company in the U.S., and Tesla, the largest EV manufacturer in the world, have partnered to offer credit union financing to EV buyers through the Tesla website.
Origence is leveraging its new licensed subsidiary, FI Connect, to purchase and place retail contracts with partner credit unions nationwide. FI Connect currently has a network of 21 credit unions with $3.3 billion in annual EV lending capacity.
Patelco CU, Carter FCU, Langley FCU, Silver State Schools FCU, Sound CU, Vantage West CU, Coast Central CU, Pacific Service CU, Washington State...
January 16th, 2024832 – Following severe storms that blew through North Florida’s panhandle area on Tuesday, January 9, spawning damaging tornadoes in Marianna, Fla., First Commerce Credit Union (FCCU) and its team members jumped into action Wednesday morning to show support for the community. Many residents were without power, and “boil water” advisories had been issued for the area. In response, FCCU team members from Tallahassee and Marianna gathered supplies and purchased food to host a Free Community Cookout, giving away more than 300 hot meals and bottled water to those in need.
FCCU team members offered freshly grilled hot dogs and hamburgers...
January 10th, 2024756CINCINNATI & NAPERVILLE (January 9, 2024) — In a step that expands its ability to offer market-leading payment innovations for financial institutions, Neural Payments and Alloya Corporate Federal Credit Union recently announced a new strategic partnership. Through the partnership, Alloya will offer the Neural Payments integrated peer-to-peer (P2P) payment solutions to credit unions.
With Neural Payments, natural person members will be able to take advantage of the white-label P2P payments platform completely embedded within their credit union's digital banking solution, offering a seamless, credit union-branded experience.
Alloya...
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