Neural Payments and Alloya Corporate FCU Partner To Offer P2P to Credit Unions

January 10th, 2024756 CINCINNATI & 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...

Eglin Federal Credit Union to delay opening until 11 a.m. Tuesday, Jan. 9 due to forecasted inclement weather

January 9th, 2024978 Fort Walton Beach, Fla. (Jan. 8, 2024) - All Eglin Federal Credit Union branches will delay opening until 11 a.m. Tuesday, Jan. 9, 2024 due to forecasted inclement weather. There are several products and services available to help members access their money no matter where they are: Online Access through Online Banking and our Mobile App, Debit Card with surcharge-free access to CO-OP and Allpoint networks, and CO-OP Shared Branch with over 5,000 locations. Learn more at eglinfcu.org/locations. Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit  www.eglinfcu.org for news and financial education updates. If you are...

FIRST COMMERCE CREDIT UNION RAISES OVER $150,000 WITH #FLAMINGOCHALLENGE TO BENEFIT BREAST CANCER PATIENTS IN PARTNERSHIP WITH LOCAL HOSPITALS

January 5th, 2024843 Tallahassee, Fla. – In partnership with area hospitals, First Commerce Credit Union (FCCU) spearheaded its 4th annual #FlamingoChallenge in October, which reached a new record of more than $150,000 to benefit breast cancer patients. The fundraiser was conducted during Breast Cancer Awareness Month in partnership with the Tallahassee Memorial HealthCare Foundation in Tallahassee, Fla., the Archbold Medical Center Foundation in Thomasville, Ga., and the South Georgia Medical Center Foundation in Valdosta, Ga. “It is truly an honor to again partner with local hospitals to help transform the communities we serve,” said Cecilia Homison,...

Corporate One Federal Credit Union Returns $13.6 Million to Members in 2023

January 3rd, 202411103 COLUMBUS, Ohio — Corporate One Federal Credit Union, a trusted investment, funding, and payment solutions partner serving America’s credit unions, announced it concluded the year by returning a total of $13.6 million to members in 2023. This figure encompasses the distribution of our highest-ever special dividend to all perpetual contributed capital (PCC) owners in the fourth quarter and our first fee holiday for members utilizing Corporate One’s payment and cash solutions. "It gives me great pleasure to provide additional benefits to the credit unions we serve through our highest-ever PCC dividend and our first-ever fee holiday,”...

The Southernmost Chapter, League of Southeastern Credit Unions, Celebrates Record-Breaking Philanthropy in 2023

January 2nd, 202412182 MIAMI, FL- (January, 2023) - The Southernmost Chapter, part of the League of Southeastern Credit Unions, is proud to announce that it achieved a record-breaking year of charitable giving, having raised an impressive $87,000. Among the highlights of the Southernmost Chapter's endeavors in 2023 are two major fundraising events that collectively raised an outstanding $87,000 for charitable causes, the highest amount ever raised in a single year by the organization. In April, they hosted the "Charity Concert Under the Stars," an event that brought the community together while raising money to support the Children's Miracle Network and...

All In Credit Union to Acquire Certain Branches of 22nd State Bank

January 2nd, 20247176 Daleville, AL – January 2, 2024 – All In Credit Union (“All In”), headquartered in Daleville, AL, announced today that it has entered into a Purchase and Assumption agreement to acquire five branch locations of Louisville, AL-based 22nd State Bank. The branches are located in Brewton, Clayton, Eufaula, Geneva and Louisville, AL (the “Branches”). Upon consummation of the transaction 22nd State Bank will relocate its charter to Mobile, AL and will continue to operate as an independent community bank through its two locations in greater Mobile. Pursuant to the terms of the Purchase and Assumption Agreement, All In has agreed to...

ALABAMA CREDIT UNION EMBRACES CORPORATE RESPONSIBILITY THROUGH VOLUNTEERISM

January 2nd, 2024849 Alabama 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...

SRP DISTRIBUTES OVER $3 MILLION IN LOYALTY DIVIDENDS

January 2nd, 2024876 North 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,...

NATIONAL AUTO LOAN NETWORK AND CUCOLLABORATE PARTNER

December 27th, 20231457 Washington, 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....
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