Credit union

MeridianLink Announces the Availability of “The Future of Digital Lending” Report by Banking Industry Expert, Jim Marous

Wednesday, October 27, 2021 - 2:05pm

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the availability of The Future of Digital Lending report by industry expert Jim Marous, owner and publisher of Digital Banking Report .

Key Points: 
  • MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the availability of The Future of Digital Lending report by industry expert Jim Marous, owner and publisher of Digital Banking Report .
  • The move toward mass adoption of digital lending by financial institutions is primarily driven by consumers' desires to complete the entire loan application process without leaving their preferred digital channels, said Marous.
  • Financial institutions are also building out digital capabilities to be able to improve the customer experience and the speed of the process.
  • Valued at $495, The Future of Digital Lending report is sponsored by MeridianLink.

Kinecta Federal Credit Union is Honored with Mortgage Bankers Association's 2021 Residential Diversity, Equity, and Inclusion Leadership Award

Tuesday, October 26, 2021 - 5:38pm

MANHATTAN BEACH, Calif., Oct. 26, 2021 /PRNewswire/ --Kinecta Federal Credit Union has been honored by the Mortgage Bankers Association (MBA) as a recipient of its 2021 Diversity, Equity, and Inclusion (DEI) Residential Leadership Award under the category of Organizational DEI for companies with fewer than 1,000 employees.

Key Points: 
  • MANHATTAN BEACH, Calif., Oct. 26, 2021 /PRNewswire/ --Kinecta Federal Credit Union has been honored by the Mortgage Bankers Association (MBA) as a recipient of its 2021 Diversity, Equity, and Inclusion (DEI) Residential Leadership Award under the category of Organizational DEI for companies with fewer than 1,000 employees.
  • The 2021 Diversity, Equity, and Inclusion (DEI) Residential Leadership Award recipients were announced during the MBA's2021 Annual Convention & Expo, and Kinecta's award was received by DEI Council members, Michael Hoang and Johanna Laos.
  • For more information about Kinecta, visit www.kinecta.org
    Kinecta Federal Credit Union is the country's 35th largest credit union, with assets of$6.5 billionand over 270,000 member-owners.
  • Daily Breeze readers have named Kinecta a top South Bay credit union for the past 10 years, and Kinecta was voted Easy Reader's 2020 "Best of the Beach" Credit Union.

Credit Union Expert Scott Hinkle Joins DoubleCheck Solutions Board of Directors

Tuesday, October 26, 2021 - 2:00pm

LOS ANGELES, Oct. 26, 2021 /PRNewswire/ -- DoubleCheck Solutions ,a financial technology company addressing outdated overdraft and non-sufficient fund (NSF) practices with practical software solutions, today added more credit union industry expertise to its board of directors with the appointment of Scott Hinkle, J.D., CFP, Principal and Credit Union Practice Leader at Acumen Insurance Solutions.

Key Points: 
  • LOS ANGELES, Oct. 26, 2021 /PRNewswire/ -- DoubleCheck Solutions ,a financial technology company addressing outdated overdraft and non-sufficient fund (NSF) practices with practical software solutions, today added more credit union industry expertise to its board of directors with the appointment of Scott Hinkle, J.D., CFP, Principal and Credit Union Practice Leader at Acumen Insurance Solutions.
  • Hinkle specializes in working with CEOs, CFOs, and key executives of credit unions, nonprofits, and successful businesses to maximize the efficient use of financial assets in his role at Acumen Insurance Solutions.
  • Hinkle previously worked at Grant, Hinkle & Jacobs as a managing partner and as vice president at Wood, Guttman & Bogart Insurance brokers.
  • As an early investor in DoubleCheck Solutions, the company was eager to add Hinkle to its board of directors.

VirnetX Zero Trust Networking Technology Implemented by Credit Union Advisor for Ransomware Protection

Tuesday, October 26, 2021 - 2:00pm

ZEPHYR COVE, Nev., Oct. 26, 2021 /PRNewswire/ -- VirnetX Holding Corporation (NYSE: VHC), an Internet security software and technology company, announced today that the National Credit Union ISAO ("NCU-ISAO"), enhancing Credit Union cyber resilience through information sharing, intelligence, operational guidance, and workforce education, has implemented VirnetX's Zero Trust Networking Technology with Asgard's Zero-Trust EverSafe Backup and Disaster Recovery Service for ransomware protection.

Key Points: 
  • ZEPHYR COVE, Nev., Oct. 26, 2021 /PRNewswire/ -- VirnetX Holding Corporation (NYSE: VHC), an Internet security software and technology company, announced today that the National Credit Union ISAO ("NCU-ISAO"), enhancing Credit Union cyber resilience through information sharing, intelligence, operational guidance, and workforce education, has implemented VirnetX's Zero Trust Networking Technology with Asgard's Zero-Trust EverSafe Backup and Disaster Recovery Service for ransomware protection.
  • Additionally, zero trust security is now recognized as a critical component of any security strategy with 76% of organizations in the process of implementing zero trust security.
  • "We believe in VirnetX's Zero Trust Networking Technology and were interested to learn more about how Asgard's EverSafe solution could leverage it to create a safe, zero trust backup solution," said Brian Hinze, NCU-ISAO Director and Vice President.
  • "VirnetX Zero Trust Networking Technology enables EverSafe to improve upon Veeam's best in class backup and recovery platform with unparalleled zero trust security delivering the most secure data protection available anywhere to our clients," said Asgard Chief Executive Officer Brian Waltermire.

Northwest Federal Credit Union Foundation’s Drive for the Driven Golf Tournament Raises Over $136K for Scholarship Program

Monday, October 25, 2021 - 8:22pm

Our generous sponsors are the reason we are able to hold this tournament each year and their support allows our Scholarship Program to help as many students as it does, said President and CEO of Northwest Federal Credit Union and Chairman of the Northwest Federal Credit Union Foundation, Jeff Bentley.

Key Points: 
  • Our generous sponsors are the reason we are able to hold this tournament each year and their support allows our Scholarship Program to help as many students as it does, said President and CEO of Northwest Federal Credit Union and Chairman of the Northwest Federal Credit Union Foundation, Jeff Bentley.
  • Learn more about the Foundations scholarship program and other community involvement.
  • The Northwest Federal Credit Union Foundation was established in 2004 to promote and manage Northwest Federal Credit Unions philanthropic activities.
  • Northwest Federal Credit Union is a full-service financial institution ranking among the largest credit unions in Virginia and in the top 60 credit unions in the Nation.

Aunalytics President Rich Carlton to Speak at the California Nevada Credit Union League’s REACH 2021; Carlton’s REACHtalk Will Offer Insights into Leveraging Data with Advanced Analytics to Personalize Customer Intelligence and Achieve Competitive Adv

Monday, October 25, 2021 - 2:07pm

Carltons talk, Leverage Your Data with Advanced Analytics to Personalize Customer Intelligence and Achieve Competitive Advantage, will take place on November 3, 2021 at 11:45.

Key Points: 
  • Carltons talk, Leverage Your Data with Advanced Analytics to Personalize Customer Intelligence and Achieve Competitive Advantage, will take place on November 3, 2021 at 11:45.
  • REACH 2021 will be held at the JW Marriott Desert Springs Resort & Spa.
  • Aunalytics will also feature its advanced data analytics solution for midmarket community banks at three industry events attended by bankers and credit unions from California, Nevada, Indiana, and Minnesota in November.
  • Midmarket financial institutions can thrive by redefining the local experience and digitally transforming how they operate, said Carlton.

Westlake Launches Cash Now Pay Later

Friday, October 22, 2021 - 6:24pm

Westlake Technology Holdings launches Cash Now Pay Later, an exciting new product that provides financial flexibility to its customers by enabling them to borrow cash today and pay it back at a later date.

Key Points: 
  • Westlake Technology Holdings launches Cash Now Pay Later, an exciting new product that provides financial flexibility to its customers by enabling them to borrow cash today and pay it back at a later date.
  • Cash Now Pay Later is currently being piloted by Westlake to its more than 1 million existing customers and has resulted in a high demand for the program since the launch.
  • Westlake plans to expand Cash Now Pay Later nationwide through LoanCenter.com.
  • The Cash Now Pay Later program is a great compliment to the current auto and secured loan offerings on LoanCenter, added David Goff, Vice President of Marketing at Westlake.

Q2 and NYDIG Announce First Financial Institutions in the U.S. to Launch Bitcoin Trading Solution Powered by NYDIG

Friday, October 22, 2021 - 3:00pm

This is a game changer for financial institutions in the U.S., said Jonathan Price, Q2s executive vice president, Emerging Businesses, Corporate & Business Development.

Key Points: 
  • This is a game changer for financial institutions in the U.S., said Jonathan Price, Q2s executive vice president, Emerging Businesses, Corporate & Business Development.
  • Our partnership with Q2 is simply groundbreaking for Bitcoin + Banking, and together we will work towards creating a more prosperous financial future for consumers.
  • NYDIG is a bitcoin company providing technology and financial services solutions to banks, insurers, corporations, and institutions.
  • NYDIG, NY\DIG, and NEW YORK DIGITAL INVESTMENT GROUP are registered trademarks of New York Digital Investment Group LLC.

Kinecta Federal Credit Union Announces its Participation as Presenting Sponsor of the Skechers 13th Annual Pier to Pier Friendship Walk

Thursday, October 21, 2021 - 5:38pm

MANHATTAN BEACH, Calif., Oct. 21, 2021 /PRNewswire/ -- Kinecta Federal Credit Union , the leading financial partner in the South Bay, is pleased to announce its participation as presenting sponsor for this year's Skechers Pier to Pier Friendship Walk to be held Sunday, October 24, 2021.

Key Points: 
  • MANHATTAN BEACH, Calif., Oct. 21, 2021 /PRNewswire/ -- Kinecta Federal Credit Union , the leading financial partner in the South Bay, is pleased to announce its participation as presenting sponsor for this year's Skechers Pier to Pier Friendship Walk to be held Sunday, October 24, 2021.
  • "Skechers and Kinecta encourage our community to be part of this year's fun-filled celebration at the beach as we walk together to help children thrive."
  • The annual Skechers Pier to Pier Friendship Walk is the largest charity walk of its kind in California.
  • Kinecta Federal Credit Union is the country's 35th largest credit union, with assets of$6.5 billionand over 270,000 member-owners.

Desert Financial Credit Union Welcomes New Chief Marketing Officer

Thursday, October 21, 2021 - 4:41pm

Jeremy Nelson, a 20-year veteran of the financial industry, has joined Desert Financial Credit Union as its new Chief Marketing Officer (CMO).

Key Points: 
  • Jeremy Nelson, a 20-year veteran of the financial industry, has joined Desert Financial Credit Union as its new Chief Marketing Officer (CMO).
  • View the full release here: https://www.businesswire.com/news/home/20211021005794/en/
    Jeremy Nelson named Chief Marketing Officer at Desert Financial Credit Union.
  • (Photo: Business Wire)
    As CMO, Nelson will oversee all areas of marketing for Desert Financial including marketing strategy, digital marketing, social media, advertising, promotions, public relations and branding.
  • Celebrating more than 80 years in years in Arizona, Desert Financial is the states largest local credit union with $7 billion in assets, 350,000+ members and 47 branches.