National Credit Union Administration

SECU Foundation and North Carolina Coastal Federation Collaborate to Protect Coastal Communities

Retrieved on: 
Friday, December 15, 2023

MOREHEAD CITY, N.C., Dec. 15, 2023 (GLOBE NEWSWIRE) -- SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects.

Key Points: 
  • MOREHEAD CITY, N.C., Dec. 15, 2023 (GLOBE NEWSWIRE) -- SECU Foundation and North Carolina Coastal Federation (NCCF) are teaming up to help protect and enhance five North Carolina coastal communities through a three-year expansion of NCCF resilience projects.
  • “This project is a wonderful opportunity to proactively support coastal communities by protecting and restoring our state’s coastal areas that are threatened by environmental and economic challenges,” said SECU Foundation Executive Director Jama Campbell.
  • We’re grateful for the leadership support of SECU Foundation in launching this new partnership,” said Coastal Federation Executive Director Todd Miller.
  • Since 2004, SECU Foundation has made a collective financial commitment of over $258 million for initiatives to benefit North Carolinians statewide.

Triangle Business Journal Names SECU Foundation Among Its 2023 Corporate Philanthropy Award Winners

Retrieved on: 
Tuesday, December 5, 2023

RALEIGH, N.C., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Triangle Business Journal (TBJ) has named State Employees’ Credit Union (SECU) Foundation a recipient of its 2023 Corporate Philanthropy Award.

Key Points: 
  • RALEIGH, N.C., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Triangle Business Journal (TBJ) has named State Employees’ Credit Union (SECU) Foundation a recipient of its 2023 Corporate Philanthropy Award.
  • Funded by the contributions of SECU members, SECU Foundation has demonstrated the credit union “People Helping People®” philosophy in a powerful and profound way through its impactful work with North Carolina non-profits.
  • “With the support of SECU members, our Foundation is making such a positive difference for so many North Carolinians, and we are honored to have SECU Foundation recognized by TBJ for its dedication and important work to strengthen our communities across the state.”
    Read TBJ Reveal 2023 Corporate Philanthropy Winners for more information.
  • Since 2004, SECU Foundation has made a collective financial commitment of over $258 million for initiatives to benefit North Carolinians statewide.

American Banker Names SECU’s Leigh Brady Among Its 2023 Most Powerful Women in Credit Unions

Retrieved on: 
Tuesday, November 14, 2023

Launched in 2022, the Most Powerful Women in Credit Unions is part of American Banker’s continued coverage of the progress in diversity, equity, and inclusion throughout financial services, and expands on their mission of supporting, empowering, celebrating, and advancing women in the financial industry.

Key Points: 
  • Launched in 2022, the Most Powerful Women in Credit Unions is part of American Banker’s continued coverage of the progress in diversity, equity, and inclusion throughout financial services, and expands on their mission of supporting, empowering, celebrating, and advancing women in the financial industry.
  • “With unwavering passion and determination, our honorees are turning obstacles into opportunities while raising the bar for success,” says Chana Schoenberger, editor-in-chief of American Banker.
  • “I fell in love with the Credit Union over 36 years ago – our mission and our people.
  • Leigh is strategically and thoughtfully guiding our work to further strengthen SECU and enhance service to our more than 2.7 million members.”
    Read 2023 The Most Powerful Women in Credit Unions for more information.

Simpluris Bolsters Sales Team with Two New Vice Presidents

Retrieved on: 
Tuesday, November 21, 2023

COSTA MESA, Calif., Nov. 21, 2023 /PRNewswire/ -- Simpluris Inc., a recognized leader in legal administration, announced today that class action experts Michael Forrest and Stephanie Saunders have joined as Vice Presidents of Business Development. Michael and Stephanie will foster client relationships and provide guidance throughout the settlement administration process.

Key Points: 
  • Their experience and expertise with various class action verticals is a benefit to both Simpluris and our clients," said Patrick Ivie, Chief Revenue Officer of Simpluris.
  • "I'm thrilled to be joining Simpluris as it presents an opportunity to work with a very collaborative, forward-thinking team," Michael said.
  • "I am delighted to be joining Simpluris and to be working with an innovative and creative team.
  • The subject matter experts at Simpluris leverage their experience to develop a settlement framework designed to meet the unique aspects of class action and mass arbitration matters.

SECU’s Annual Statewide Toy Drive is Now Underway

Retrieved on: 
Monday, November 6, 2023

RALEIGH, N.C., Nov. 06, 2023 (GLOBE NEWSWIRE) -- State Employees’ Credit Union (SECU) is excited to announce that its second annual statewide Toy Drive is officially underway.

Key Points: 
  • RALEIGH, N.C., Nov. 06, 2023 (GLOBE NEWSWIRE) -- State Employees’ Credit Union (SECU) is excited to announce that its second annual statewide Toy Drive is officially underway.
  • Anyone wishing to donate may bring new, unwrapped toys, books, or other gift items to their local SECU branch through December 8.
  • Last year, SECU’s highly successful Toy Drive brought together businesses, organizations, and many helping hands for the collection and delivery of over 4,000 toys.
  • “Our SECU Toy Drive is an amazing demonstration of who we are and the care, concern, and passion we have for our fellow North Carolinians.

Grow Your Savings with Decade-High Dividend Returns

Retrieved on: 
Thursday, November 2, 2023

TYSONS, Va., Nov. 2, 2023 /PRNewswire/ -- Many Americans are feeling the stress of inflation with the rising cost of food, housing, consumer goods, travel and other expenses. Interest rates have risen rapidly over the past year and that's good news in terms of growing the money you set aside for savings.

Key Points: 
  • Like a CD, a credit union certificate is an account that locks in your money and earns dividends over a period of time.
  • How much you earn depends on the financial institution, your deposit amount, and the length of your term.
  • A Premium Online Savings Account is a savings product, that earns a higher yield than traditional savings.
  • With a credit union, your money is protected by the National Credit Union Administration ( NCUA ) up to $250,000.

Blue Federal Credit Union and Aventa Credit Union Announce Intent to Merge

Retrieved on: 
Thursday, October 19, 2023

Cheyenne Wyoming, Oct. 19, 2023 (GLOBE NEWSWIRE) -- In a collaborative effort to enhance member financial well-being and community investment, Blue Federal Credit Union and Aventa Credit Union are thrilled to announce their joint decision to merge.

Key Points: 
  • Cheyenne Wyoming, Oct. 19, 2023 (GLOBE NEWSWIRE) -- In a collaborative effort to enhance member financial well-being and community investment, Blue Federal Credit Union and Aventa Credit Union are thrilled to announce their joint decision to merge.
  • The credit unions, when merged, will do business as Blue Federal Credit Union, with combined assets of more than $2.1 billion and over 153,000 members.
  • "Blue Federal Credit Union warmly welcomes Aventa's members and employees as we join forces”, said Stephanie Teubner, Blue Federal Credit Union's President/CEO.
  • Blue Federal Credit Union is a not-for-profit financial institution serving eight Wyoming locations and thirteen Colorado locations, as well as members worldwide.

BayPort Credit Union Opens Fifth Virginia Beach Branch

Retrieved on: 
Wednesday, October 18, 2023

NEWPORT NEWS, Va., Oct. 18, 2023 /PRNewswire/ -- BayPort Credit Union has opened its fifth Virginia Beach branch to better serve its growing Southside membership.

Key Points: 
  • NEWPORT NEWS, Va., Oct. 18, 2023 /PRNewswire/ -- BayPort Credit Union has opened its fifth Virginia Beach branch to better serve its growing Southside membership.
  • BayPort celebrated the grand opening with an official ribbon-cutting ceremony with the Hampton Roads Chamber of Commerce and credit union leadership in attendance.
  • BayPort's commitment to Virginia Beach stands for over a decade, with their first branch opening in 2012.
  • BayPort's other Virginia Beach branch locations are as follows:
    BayPort is the region's only Community Development Financial Institution and a National Credit Union Administration (NCUA) Low-Income Designated Credit Union.

BayPort Introduces Get My Rate Loan Technology to Improve Local Community Financing

Retrieved on: 
Tuesday, October 3, 2023

NEWPORT NEWS, Va., Oct. 3, 2023 /PRNewswire/ -- BayPort Credit Union announces the launch of Get My Rate, a new loan technology that enables local consumers to learn their potential loan rate pre-qualification for auto, credit card, or personal loans without affecting their credit score.

Key Points: 
  • NEWPORT NEWS, Va., Oct. 3, 2023 /PRNewswire/ -- BayPort Credit Union announces the launch of Get My Rate , a new loan technology that enables local consumers to learn their potential loan rate pre-qualification for auto, credit card, or personal loans without affecting their credit score.
  • BayPort is the first financial institution to use the newly implemented pre-qualification tool powered by its credit score provider, SavvyMoney .
  • In a rising loan-rate environment, BayPort recognized the need for enhanced financial support and education for local communities.
  • "Most importantly, it is a significant opportunity for our community to access their loan rate from a trusted local source one would only expect at a larger bank.

Zeal Credit Union Shines a Spotlight on Hardworking Americans (Video included)

Retrieved on: 
Monday, October 2, 2023

LIVONIA, Mich., Oct. 2, 2023 /PRNewswire/ -- Zeal Credit Union is pleased to announce the winners of its Hardworking Americans campaign. The campaign sought nominations from the public for community members who embody the actions and attributes of a hard worker. Six members of the community have been selected and are now being honored for making the Credit Union's Michigan communities – and the world – a brighter place.

Key Points: 
  • LIVONIA, Mich., Oct. 2, 2023 /PRNewswire/ -- Zeal Credit Union is pleased to announce the winners of its Hardworking Americans campaign.
  • Recently, he became a member of the Detroit Plumbers Union Local 98, achieving his goal of working in a union.
  • Member deposits are insured to $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency.
  • To learn more about careers at Zeal Credit Union, visit ZealCU.org/Careers /.