Credit union

Arizona Financial Credit Union Partners with NCR Atleos to Elevate Self-Service Banking

Retrieved on: 
Tuesday, April 9, 2024
Personal Finance, Finance, Banking, Professional Services, Fintech, Arizona Financial Credit Union, ATM, EVP, Credit union, Growth

NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $3.3 billion-asset Arizona Financial Credit Union (AZFCU) has selected Atleos’ ATM as a Service (ATMaaS) to increase operational efficiencies within the self-service banking channel while improving the member experience.

Key Points: 
  • NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $3.3 billion-asset Arizona Financial Credit Union (AZFCU) has selected Atleos’ ATM as a Service (ATMaaS) to increase operational efficiencies within the self-service banking channel while improving the member experience.
  • AZFCU has been serving consumers and small businesses throughout Arizona for nearly 90 years.
  • As many of the credit union’s ATMs were reaching end of life, AZFCU evaluated how to provide strong self-service experiences while supporting ongoing growth now and into the future.
  • The credit union ultimately selected Atleos’ ATMaaS solution, trusting the experts at NCR Atleos to manage the distribution, installation, maintenance and cash management of its fleet.

First Tech Federal Credit Union Bolsters Support of Children’s Miracle Network Hospitals, Launches Java4Kids Program

Retrieved on: 
Tuesday, April 9, 2024
Other Professional Services, Other Health, Technology, Socially Responsible Investing, Finance, Fintech, Professional Services, General Health, Philanthropy, Hospitals, Children, Foundation, Other Philanthropy, Consumer, Health, Hospital, Friends, Partnership, Hillsboro School District, Civil Service (United Kingdom), Coffee, DNA, First, CMN, Multimedia, Credit union, CFIS, GroundUP

View the full release here: https://www.businesswire.com/news/home/20240409126482/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240409126482/en/
    Headquartered in Hillsboro, Oregon, First Tech has nearly $17 billion in assets and more than 660,000 members.
  • The credit union is one of the founders of CU4Kids , which brings together credit unions and business partners from across the country to raise funds for CMN Hospitals.
  • The credit union operates a coffee shop, Ground Up, that is completely run by local high school students.
  • "We are deeply humbled by the opportunity to partner with First Tech to support the Ground Up coffee shop and raise donations through Java4Kids at First Tech.

Boys & Girls Clubs in Colorado Hosts Youth of the Year Competition and Celebration April 16

Retrieved on: 
Tuesday, April 9, 2024
Primary, Secondary, Education, Philanthropy, State, Local, Other Philanthropy, Fund Raising, Foundation, Public Policy, Government, Consumer, Teens, Other Education, Boy, Boys & Girls Club, Credit union

Twelve youth nominated by Boys & Girls Clubs from across Colorado will compete in the annual Colorado Youth of the Year Competition on Tuesday, April 16 at the Denver Museum of Nature and Science, located at 2001 Colorado Blvd., from 7:30 to 9 a.m.

Key Points: 
  • Twelve youth nominated by Boys & Girls Clubs from across Colorado will compete in the annual Colorado Youth of the Year Competition on Tuesday, April 16 at the Denver Museum of Nature and Science, located at 2001 Colorado Blvd., from 7:30 to 9 a.m.
  • The Youth of the Year Program recognizes Club members for their leadership, service, academic excellence, and dedication as positive voices in their community.
  • Twelve Colorado Boys & Girls Clubs nominated a Club member to advance to the state-level competition in Denver.
  • “The Youth of the Year event shines a light on the incredible work of the 80-plus Boys & Girls Clubs across Colorado, offering vital support, mentorship, and enriching experiences to thousands of youths each day,” remarked Kaycee Headrick, Executive Director of Boys & Girls Clubs in Colorado.

Industry Vet David Germann to Steer Sales & Marketing for CU LIFT Fund

Retrieved on: 
Tuesday, April 9, 2024
Marketing, Credit, CUSO, Credit union

AUSTIN, Texas, April 9, 2024 /PRNewswire/ -- CU LIFT Fund, the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of David Germann as Vice President of Sales and Marketing. Germann will drive the CUSO's go-to-market strategy as it takes hold across the industry. He has an extensive career in retail banking and was most recently the Chief Lending Officer at $1.5 billion Credit Union of America, where he drove the credit union to become the top auto lender in the entire state of Kansas.

Key Points: 
  • AUSTIN, Texas, April 9, 2024 /PRNewswire/ -- CU LIFT Fund , the funding-as-a-service CUSO committed to helping credit unions grow their auto loan portfolios, is pleased to announce the appointment of David Germann as Vice President of Sales and Marketing.
  • "I am most excited about the valuable insights that David brings to our credit union clients," said CU LIFT Fund President Paul Rindone.
  • We are fortunate to have someone of David's character and experience at CU LIFT Fund."
  • I'm confident David's impact on our CUSO will extend far beyond the sales and marketing realm."

Jonathan Hernandez Joins State Department Federal Credit Union as Chief Lending Officer

Retrieved on: 
Tuesday, April 9, 2024
Knowledge, Credit union, Growth, Risk management

ALEXANDRIA, Va., April 9, 2024 /PRNewswire/ -- State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending Officer.

Key Points: 
  • ALEXANDRIA, Va., April 9, 2024 /PRNewswire/ -- State Department Federal Credit Union (SDFCU) is proud to announce the appointment of Jonathan Hernandez as its new Chief Lending Officer.
  • Jonathan joins SDFCU from Andrews Federal Credit Union, where he served as Vice President of Lending.
  • As Chief Lending Officer, Jonathan will be responsible for overseeing all facets of SDFCU's lending operations, including mortgage lending, consumer lending, and collections.
  • "We are thrilled to welcome Jonathan to the SDFCU team as our new Chief Lending Officer," said Jim Hayes, CEO of SDFCU.

Delta Community Awards $25,000 to Five College-Bound Students

Retrieved on: 
Friday, April 5, 2024
Magnet, Physics, Beechwood High School, University, Education, Georgia State University, Social responsibility, Delta Community Credit Union, Student, Biology, Chemistry, Dunwoody High School, Harvard University, Spelman College, Credit union, Dutchtown High School

ATLANTA, April 5, 2024 /PRNewswire/ -- Delta Community Credit Union is proud to announce its 2024 Scholarship Award recipients who were selected based on their academic achievement, community involvement and essay submission. As Georgia's largest credit union with more than $8.5 billion in assets, Delta Community is proud to provide financial support to well-deserving students for the 19th consecutive year. The following five students will each receive a $5,000 award to assist with college-related expenses:

Key Points: 
  • ATLANTA, April 5, 2024 /PRNewswire/ -- Delta Community Credit Union is proud to announce its 2024 Scholarship Award recipients who were selected based on their academic achievement, community involvement and essay submission.
  • As Georgia's largest credit union with more than $8.5 billion in assets, Delta Community is proud to provide financial support to well-deserving students for the 19th consecutive year.
  • "Their contest essays demonstrated a clear understanding of the role financial literacy can play in both personal and community prosperity.
  • Delta Community also supports community education through quarterly scholarships for students attending historically Black colleges and universities as well as by offering free classes and workshops to the public through its award-winning Financial Education Center.

MSUFCU Launches Women of Sparta

Retrieved on: 
Friday, April 5, 2024
Attention, Sport, Women in ancient Sparta, Partnership, Mentorship, MSU, College, Credit union, NIL, Personal branding, MSUFCU, Management

EAST LANSING, Mich., April 5, 2024 /PRNewswire/ -- On Thursday, April 4, MSU Federal Credit Union (MSUFCU) proudly revealed its latest initiative, Women of Sparta, at a special event held at the MSUFCU Club Suites at Spartan Stadium. The program is a dynamic leadership initiative crafted to elevate Michigan State University's women's sports and its student-athletes.

Key Points: 
  • EAST LANSING, Mich., April 5, 2024 /PRNewswire/ -- On Thursday, April 4, MSU Federal Credit Union (MSUFCU) proudly revealed its latest initiative, Women of Sparta , at a special event held at the MSUFCU Club Suites at Spartan Stadium.
  • Women of Sparta, presented by MSUFCU, not only provides a comprehensive platform for personal growth, financial literacy, and community engagement but also expands the Credit Union's Name, Image, and Likeness (NIL) opportunities with MSU women's sports student-athletes.
  • Media Training and Personal Branding Workshops: MSUFCU will provide Women of Sparta student-athletes with training in media relations and personal branding to help them leverage the additional attention that comes with being an MSU student-athlete.
  • NIL Partnership Opportunities: Through Women of Sparta, MSUFCU is expanding its NIL program to encompass all women's sports at MSU.

Members Mobile Launches Regulation Crowdfunding Campaign on Netcapital

Retrieved on: 
Friday, March 22, 2024
Partnership, Credit union, Mobile virtual network operator, MVNE, MVNO, Bank

Members Mobile is excited to announce the launch of its Regulation Crowdfunding (Reg-CF) campaign on Netcapital.

Key Points: 
  • Members Mobile is excited to announce the launch of its Regulation Crowdfunding (Reg-CF) campaign on Netcapital.
  • As the first Mobile Virtual Network Operator (MVNO) of its kind, Members Mobile offers a comprehensive solution transcending traditional mobile phone service offerings.
  • Members Mobile is poised to capitalize on the mobile phone service industry by targeting 131 million credit union members nationwide.
  • In partnership with Lone Star Credit Union, One Nevada Credit Union, Great Lakes Credit Union, Msufcu, and Skyline Financial Federal Credit Union.

Central 1 reports 2023 financial results

Retrieved on: 
Thursday, March 21, 2024
Investment, Treasury, Credit union, Cryptocurrency

2023 consolidated results compared to 2022:

Key Points: 
  • 2023 consolidated results compared to 2022:
    Net income of $25.4 million, compared to a net loss of $69.6 million in 2022.
  • Central 1’s 2023 results reflect a strong year across business lines driven by a mix of fee revenue, higher payments volumes and increased use of our digital products.
  • The fair value movement of financial instruments, which dominated 2022 performance, was less volatile throughout 2023 as our investment and lending portfolios performed well.
  • “As market challenges persisted throughout 2023, Central 1 remained focused on supporting our members and clients,” said Sheila Vokey, Central 1 President & CEO.

FundCanna Named Preferred Lending Partner for Greenbax Marketplace

Retrieved on: 
Monday, March 18, 2024
Partnership, Insurance, SAN, Organization, Credit union, Documentation, NCUA

SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- FundCanna , the leading provider of capital to small to medium-sized businesses throughout the cannabis sector, announced today a partnership with Greenbax Marketplace , which named FundCanna as its preferred lending partner.

Key Points: 
  • SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- FundCanna , the leading provider of capital to small to medium-sized businesses throughout the cannabis sector, announced today a partnership with Greenbax Marketplace , which named FundCanna as its preferred lending partner.
  • The partnership with FundCanna gives cannabis operators a trustworthy and compliant avenue for lending, which is desperately needed in the capital-intensive sector.
  • “FundCanna’s partnership with Greenbax solidifies our commitment to providing access to trusted lending solutions to operators across the cannabis industry,” said Adam Stettner, founder and CEO of FundCanna.
  • With FundCanna as a partner, Greenbax customers can expect industry-leading innovation and flexibility to service their funding needs.