Credit union

Clearwater Credit Union Data Breach

Retrieved on: 
Wednesday, February 14, 2024

PITTSBURGH, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Clearwater Credit Union announced that one of its service providers suffered from a cybersecurity attack in late May 2023, that impacted the personal information of thousands of individuals.

Key Points: 
  • PITTSBURGH, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Clearwater Credit Union announced that one of its service providers suffered from a cybersecurity attack in late May 2023, that impacted the personal information of thousands of individuals.
  • The information potentially impacted in the breach includes individuals’ names, Social Security Numbers (last four digits), bank account number, email address, and phone number.
  • Lynch Carpenter, LLP is investigating claims against Clearwater related to this data breach.
  • If you received a data breach notification from Clearwater, you may be entitled to compensation.

Virginia Credit Union League Announces Karima Freeman Will Serve as Interim President/CEO Effective March 1

Retrieved on: 
Tuesday, February 13, 2024

Richmond, VA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The Virginia Credit Union League Board of Directors today announced that Karima Freeman, current Chief Operating Officer for the organization, will serve as Interim President/CEO following the departure of Carrie Hunt later this month.

Key Points: 
  • Richmond, VA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The Virginia Credit Union League Board of Directors today announced that Karima Freeman, current Chief Operating Officer for the organization, will serve as Interim President/CEO following the departure of Carrie Hunt later this month.
  • Freeman is a 23-year employee of the League, and currently manages membership services, working directly with credit unions on dues and other membership and affiliation issues.
  • “Karima is a proven leader with decades-long relationships within the Virginia credit union system and a deep knowledge of the League’s operations,” said League Board Chairman Joe Thomas, CEO of NextMark Credit Union.
  • “We are grateful for Carrie’s work these past three years in charting a course for the League that best articulated our vision to promote, protect and strengthen Virginia’s credit unions,” said Thomas.

Nutmeg State Financial Credit Union and Cotribute Celebrate Over Two Years of Transformative Partnership

Retrieved on: 
Tuesday, February 13, 2024

Nutmeg State Financial Credit Union , a Rocky Hill, Conn.-based leading financial institution dedicated to serving its 43,000 members with innovative solutions with $565 assets, today announced the significant milestones achieved through its partnership with Cotribute , a pioneer in financial technology and an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships.

Key Points: 
  • Nutmeg State Financial Credit Union , a Rocky Hill, Conn.-based leading financial institution dedicated to serving its 43,000 members with innovative solutions with $565 assets, today announced the significant milestones achieved through its partnership with Cotribute , a pioneer in financial technology and an award-winning embeddable fintech platform helping credit unions grow deposits, loans and memberships.
  • John Holt, CEO of Nutmeg, said, “At Nutmeg, we envision a future where banking is not just a necessity but also a seamless part of our members’ lives.
  • This leap in operational efficiency enables the credit union to auto-decision 89.5% of applications with all necessary checks in place.
  • “The success of this partnership underscores the commitment of Nutmeg and Cotribute to pushing the boundaries of financial services.

Associated Bank Named Among Newsweek's "America's Best Regional Banks and Credit Unions 2024"

Retrieved on: 
Friday, February 9, 2024

GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.

Key Points: 
  • GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.
  • For the first time, the two organizations partnered to study all regional banks and credit unions in the United States (approximately 9,440 institutions).
  • "(We) are proud to share this ranking of America's Best Regional Banks and Credit Unions, recognizing the top 250 Regional Banks and 250 Credit Unions in the United States," said Nancy Cooper, Global Editor in Chief, Newsweek.
  • "Regional banks and credit unions play a pivotal role in the financial fabric of communities nationwide.

State Department Federal Credit Union Welcomes Nicole Bowen as New Chief Risk Officer

Retrieved on: 
Thursday, February 8, 2024

ALEXANDRIA, Va., Feb. 8, 2024 /PRNewswire/ -- State Department Federal Credit Union (SDFCU) is pleased to announce the appointment of Nicole Bowen as its new Chief Risk Officer.

Key Points: 
  • ALEXANDRIA, Va., Feb. 8, 2024 /PRNewswire/ -- State Department Federal Credit Union (SDFCU) is pleased to announce the appointment of Nicole Bowen as its new Chief Risk Officer.
  • Nicole joins SDFCU after serving as the Chief Information Officer/Executive Vice President at NextMark Credit Union, where she played a pivotal role in enhancing risk management strategies and managing regulatory compliance.
  • In her new role as Chief Risk Officer at SDFCU, Nicole will be responsible for overseeing the credit union's risk management practices, leading information technology and security, ensuring compliance with regulatory requirements, and implementing robust risk mitigation strategies.
  • "We are thrilled to welcome Nicole as our new Chief Risk Officer," said Jim Hayes, CEO of SDFCU.

MeridianLink Software Helps A+ Federal Credit Union Boost Loan Volume

Retrieved on: 
Thursday, February 8, 2024

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that A+ Federal Credit Union (A+FCU) has selected MeridianLink® to update its loan origination system, leveraging the Company’s multi-product platform, MeridianLink® One.

Key Points: 
  • MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that A+ Federal Credit Union (A+FCU) has selected MeridianLink® to update its loan origination system, leveraging the Company’s multi-product platform, MeridianLink® One.
  • The credit union already uses MeridianLink® Consumer, MeridianLink® Mortgage, MeridianLink® Portal, and MeridianLink® Opening for business accounts, and recently added MeridianLink® Consulting, MeridianLink® Engage, and MeridianLink® Insight.
  • The end-to-end digital platform enables the Texas-based credit union to bundle data and technology to create enhanced member and employee experiences.
  • “A+FCU benefits from increased efficiency in its workflow by leveraging multiple MeridianLink solutions as part of the MeridianLink One offering,” said Devesh Khare, chief product officer at MeridianLink.

Wedbush Securities Welcomes Chris Ellis, CFP, as Vice President, Investments

Retrieved on: 
Wednesday, February 7, 2024

Wedbush Securities , a prominent diversified independent financial services provider, welcomes Chris Ellis as Vice President, Investments to its growing Pasadena, CA office.

Key Points: 
  • Wedbush Securities , a prominent diversified independent financial services provider, welcomes Chris Ellis as Vice President, Investments to its growing Pasadena, CA office.
  • Ellis is a Certified Financial Planner who joins from CUSO Financial Services and will aid in further expanding Wedbush’s footprint in Southern California.
  • "Joining Wedbush feels like a natural progression and an exciting new phase for my clients and me," states Ellis.
  • "Chris’s arrival at Wedbush underscores our commitment to assembling a team of top-tier talent dedicated to delivering unparalleled wealth management solutions.

NEW CUDL EBOOK FOCUSES ON DRIVING DEALER VEHICLE SALES THROUGH CREDIT UNION FINANCING

Retrieved on: 
Tuesday, February 6, 2024

Irvine, California, Feb. 06, 2024 (GLOBE NEWSWIRE) -- CUDL , an Origence brand and the nation’s largest credit union financing network, has published a new eBook that reveals how credit union financing can help automotive dealerships sell more cars during challenging economic times.

Key Points: 
  • Irvine, California, Feb. 06, 2024 (GLOBE NEWSWIRE) -- CUDL , an Origence brand and the nation’s largest credit union financing network, has published a new eBook that reveals how credit union financing can help automotive dealerships sell more cars during challenging economic times.
  • In this digital book, “Driving Dealer Vehicle Sales Through Credit Union Financing,” readers will learn how to reshape affordability for buyers and overcome the challenges of the current marketplace.
  • “Leveraging the advantages of CUDL and its network of credit union lenders, vehicles become more within reach and cost-effective for buyers.
  • Plus, tools such as AutoSMART contribute to providing dealerships with added opportunities to expand their inventory exposure to in-market credit union members across the country.”
    The “Driving Dealer Vehicle Sales Through Credit Union Financing” eBook is now available for download  and can be accessed through the CUDL website.

Utah First Credit Union Secures Ninth Consecutive Crystal Performance Award

Retrieved on: 
Tuesday, February 6, 2024

Utah First Credit Union is excited to announce another honor for an unprecedented ninth consecutive year.

Key Points: 
  • Utah First Credit Union is excited to announce another honor for an unprecedented ninth consecutive year.
  • The institution has received the Crystal Performance Award, a distinguished honor presented by Raddon, A Fiserv Company, that sets Utah First apart as one of the premier credit unions in the country.
  • The annual Crystal Performance Award is a benchmark of credit union excellence, recognizing credit unions with a top 10 nationwide ranking based on a scorecard of financial factors like growth, income, and efficiency.
  • Utah First is among the few credit unions in the state ever to earn the Crystal Performance Award — and securing this honor for nine consecutive years is an unparalleled feat.

North County African American Women's Association & North Island Credit Union Extend Partnership to Offer 2024 Scholarships & Financial Literacy Programs

Retrieved on: 
Tuesday, February 6, 2024

SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- North County African American Women's Association (NCAAWA) and North Island Credit Union have extended their partnership for a fourth year, offering scholarships and financial literacy programming to college-bound female students of African American descent in North County San Diego.

Key Points: 
  • SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- North County African American Women's Association (NCAAWA) and North Island Credit Union have extended their partnership for a fourth year, offering scholarships and financial literacy programming to college-bound female students of African American descent in North County San Diego.
  • In addition to the North Island Credit Union scholarships, NCAAWA is providing multiple scholarship programs to qualified North County students.
  • "We are profoundly grateful to North Island Credit Union for their steadfast support in our efforts to provide educational scholarships to deserving scholars in North County San Diego," said NCAAWA President Linda Simpkins Berry.
  • North Island Credit Union is providing participants with interactive financial programs and mentoring to teach budgeting, money management, savings, and practical financial life skills, among other topics.